At their meeting on Tuesday, April 9, 2019, Beacon members entertained presentations from the following companies:
- Hilltop Biosciences, which develops and sells therapies for wound healing to large animal veterinarians; and
Shareity, which offers a patented social engagement platform to enable brands to create photo and video challenges whereby brands can donate money to causes as users complete the challenges.
Members also delivered due diligence reports on Xeno Biosciences and Canary.
Beacon portfolio company Cognoptix delivered an update on its upcoming bridge round to a larger financing, whereby the valuation is hoped to represent at least a 10X increase over Beacon’s original investment over 10 years ago.