Halo Raises $2.6M in Seed Funding

Halo is a Chicago-based provider of an R&D collaboration system. It raised $2.6M in Seed financing.

Backers are included:

  • Rob Biederman is the co-founder, chairman, and former co-CEO of Catalant. A Boston-based marketplace for consultants, Asymmetric Capital Partners, was founded.
  • Village Global is an early-stage fund backed by some prominent tech personalities, such as Bill Gates, Reid Hoffman, and Jeff Bezos.
  • Anne Wojcicki is the co-founder and CEO at 23andMe.
  • AirAngels is an angel group created by Lenny Rachitsky, an Airbnb alumnus.
  • Conrad Irwin is the Co-founder and Chief Technology Officer of Superhuman.
  • Rachel Hepworth is the Marketing Chief at Notion.
  • Other.

The company plans to use the funds for team growth, develop additional collaboration tools and tools, and continue expanding its network of scientists all over the globe.

Halo, headed by Kevin Leland (CEO), is an R&D collaboration platform that allows scientists and companies to work together to solve complex problems and bring new products to market. The forum will enable companies to search for new technologies, build scientific relationships, and create innovation pipelines.

It is made up of three parts.

  • A network of scientists from universities, national labs, and startups
  • A marketplace for scientific partnering opportunities with businesses
  • A suite of software tools to help corporate R&D departments collaborate more effectively internally and externally.

Companies create a Halo R&D page. They can post RFPs (Requests for Proposals) to meet specific needs or open calls for general topics. Companies can offer scientific resources, including funding, expertise, facilities, data, compounds, and budget. In response to every RFP or Open Call, scientists submit a brief, non-confidential proposal. Companies then choose which projects they wish to collaborate with. Each proposal and scientist profile a company receives is part of a searchable private content library that allows scientists and corporate R&D teams to keep in touch and develop relationships. Halo has received RFPs from various companies, including sustainable packaging and technologies to make tap water safe for dialysis treatment.

Halo works with top companies in various industries, including biopharmaceutical, consumer goods, and agriculture.

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