CWA Meeting - The Tiny Cargo Company

The Commonwealth Angels team is excited to announce our first deal as part of the Roanoke Blacksburg Innovation Alliance (RBIA). On May 15 from 6:00 to 8:00PM on the third floor of the Shenandoah Club, the Tiny Cargo Company will present on their current investment round. As a member of the CWA portfolio, we are excited to continue supporting the company’s journey. 

  

Company Update: The Tiny Cargo Company continues to develop its novel production technologies for GMP grade milk exosomes and progress in the development of XoLacta. The company is raising a $3M-$5M priced round at a valuation of $20M-$30M under negotiation with lead investor VIPC Ventures, with $1.7M committed to date. The funds of the raise will be used to scale proprietary manufacturing and to conduct Phase I & Phase II 'Animal Rule' clinical trials for XoLacta as a radiotherapeutic medical countermeasure, as well as XoLacta’s IND enabling studies as an adjuvant clinical radioprotectant. Join us May 15 at 6:00PM to hear firsthand about their progress and opportunities to continue to invest in their growth.  

  

In addition to hearing from the Tiny Cargo leadership team, there will be an update on the Common Wealth Angels future investment opportunities, partnerships, and new investor education program.