Series B funding

See the following -

GRAIL Plans to Raise in Excess of $1B in Series B Funding

Press Release | Illumina, Inc. | January 5, 2017

Illumina, Inc., today announced that GRAIL has received indications of interest to invest approximately $1B for its Series B financing, primarily from undisclosed private and strategic investors. GRAIL intends to raise additional capital in the Series B financing from other investors and has engaged Goldman Sachs as a placement agent in connection with the contemplated additional financing. GRAIL intends to close the Series B prior to the end of the first quarter...

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Rise of Drones for Medical Supply Delivery

This is not going to all be about getting your books, or your socks, or even your new HD television faster. It is going to impact many industries -- including health care. And that impact has already started to happen. Zipline International, for example, is already delivering medical supplies by drone in Rwanda. They deliver directly to isolated clinics despite any intervening "challenging terrain and gaps in infrastructure." They plan to limit themselves to medical supplies, but not only in developing countries; they see rural areas in the U.S. as potential opportunities as well. Last fall they raised $25 million in Series B funding. Drones are also being considered for medical supply delivery in Guyana, Haiti, and the Philippines...