Newco Flex raises $40 million in venture round

Flex Pharma Inc. (Boston, Mass.) raised $40 million in an undisclosed venture round to develop treatments for neuromuscular disorders. Investors include Longwood Fund; Bessemer Venture Partners; EcoR1 Capital; Jennison Associates; Lightstone Ventures; Alexandria Equities; CD-Venture; Bindley Capital Partners; City Hill Ventures; The Kraft Group; and individual investors. ...