Bexorg

Connecticut Innovations (CI), the state’s quasi-public venture capital arm based in New Haven, said Monday it invested approximately $11.3 million in 25 companies and venture funds during the first quarter of its fiscal year, which ended on Sept. 30.

Connecticut Innovations (CI), the state’s quasi-public venture capital arm, said Thursday it has made two investments totaling $2.75 million from its recently launched artificial intelligence fund — backing Stamford-based Yuma Asset Management and New Haven-based Bexorg.

Bexorg has now raised a total of $42.5 million since it spun out of Yale University research in 2021.

Yale spinout Bexorg tests drugs on donated human brains using its BrainEx platform and partners with Biohaven to accelerate development of Alzheimer's and Parkinson's treatments.