February 2023 portfolio round-up

This month, two of our portfolio companies shared some great news:

Rhaeos raises $11M Series A for fluid-monitoring patch

On February 16th, the company announced it raised an $11 million Series A.

“The Steele Foundation for Hope led the raise, tipping Rhaeos’ total funding over $18 million. Creative Ventures and Lateral Capital joined.

With the funds, Rhaeos is launching its patch, called FlowSense, investing in the development of further new products, developing an at-home version of the hospital monitor, and hiring engineers and specialists in payer interactions and reimbursement.”

Read more on Axios.

Alice Technologies voted one of 50 winners of Build in Digital’s Top 50 Contch Partners

Build in Digital’s competition named Alice #19 of 50 total companies. 

The competition boasts itself as “ an independent account of the very best construction technology firms operating in the built environment.”

Read more on Build in Digital’s website.

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