From Incubation to
Success with ATI
Datical, a database release automation company, raised a $10M Series C funding round led by Cincinnati-based River Cities Capital Funds, a new investor. It appears to be the first Austin investment for the investment firm, according to the portfolio on its website. Existing investors S3 Ventures and Mercury Fund also pitched into the new round.
Smarter Sorting, a machine learning startup that helps cities and businesses with regulated waste divert valuable products from waste to re-use. Also, Austin-based, its raised $9.3 million as of July 2018.
Spredfast, an enterprise social platform company, announced a merger with Lithium Technologies for an undisclosed amount in September 2018. At the time of the merger, Spredfast had raised a total of $138.1 million and had 300 Austin-based employees.
Xeris Pharmaceuticals (NASDAQ:XERS), a specialty pharmaceutical platform for stable injectable and infusible drug formulations, announced raise of $93.8 million in a public offering that closed in July 2018.