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Momentum IoT Raises $3.1M

socalTECH

in a funding round, the company said this morning. The funding was led by Howard Edmund Capital, and also included Thompson Aerospace. The company said the funding will go towards launching the newest generation of its IoT solutions. The CEO of Momentum IoT is Justin Silva.

Edmunds 100
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Bio Roundup: A Telehealth Combo, FDA’s BCMA OK, Biogen’s Bet & More

Xconomy

The novel coronavirus has driven the pharmaceutical industry to upend its research priorities. Big Pharma companies are focusing on vaccine development and a slew of biotechs are testing compounds, previously intended for a wide range of indications, as potential COVID-19 treatments. billion merger in the digital health sector.