STOCKHOLM: Enersize Oyj announced Friday that Chief Executive Officer Fredrik Arrigucci has resigned, with a three-month notice period during which he will remain in the role with reduced responsibilities.The Board of Directors said it will use the transition period to evaluate the company’s…
COPENHAGEN: Orrön Energy AB has agreed to merge its Nordic renewable energy operations with Oslo-listed Cloudberry Clean Energy ASA, a transaction that would make Orrön the largest shareholder in an enlarged Nordic power producer, the company announced.Under the agreement, Orrön will…
NEW YORK: Airwallex has raised $320 million in a new funding round that values the global payments company at $11 billion — a 38% jump from its valuation just six months ago — as the fintech firm accelerates its push into artificial…
LONDON: XPS Group has agreed to acquire the trade and assets of Austin Professional Resourcing LLP, a U.K.-based actuarial consultancy serving insurers and financial sector clients, the pensions and insurance consulting firm announced. The deal, expected to close on or around July…
PERTH: CZR Resources Ltd. announced Friday a recommended off-market takeover bid for Zuleika Gold Ltd., valuing the gold exploration company at approximately $44.8 million in a merger designed to create a diversified Western Australian mining group. Under the deal announced June 26, Zuleika shareholders…
SAN FRANCISCO: Tomo, an artificial intelligence-powered personal coaching service that operates through text messaging, announced Thursday it has raised $5 million in seed funding led by Bain Capital Ventures, with participation from Accel, Align Fund, Basis Set, Conviction and Pear VC.The San…
NEW YORK: GrailPay, a risk and data network for business-to-business payments, has raised $10.5 million in a Series A round led by MissionOG, the company announced Thursday.The funding, which brings GrailPay’s total capital raised to $17.2 million, also drew participation…
SANTA CLARITA: Tombot, a developer of robotic companion animals for health and wellness, said Thursday it has closed a $7 million Series A3 funding round as it prepares to launch its lifelike robotic puppy, “Jennie,” in fall 2026. The round includes investments from…
LONDON: Mercia Asset Management PLC said Thursday it has participated in a £6.4 million equity funding round for Warwick Acoustics Ltd., with an additional £1.1 million expected, as the audio technology company ramps up production following its partnership with Jaguar…
LONDON: Specialist private equity investor B.P. Marsh & Partners Plc has agreed to invest $5.1 million in Autonomy Investment Partners LLC, a newly formed investment vehicle targeting the U.S. insurance distribution market, the company announced Thursday. The investment gives B.P….
WINSFORD: H.B. Fuller Company (NYSE: FUL) said Thursday it has agreed to acquire Advanced Medical Solutions Group PLC (AIM: AMS) for approximately £659 million ($827 million) in cash, expanding its presence in the medical adhesives market through a deal that…
SEOUL: SK Hynix, South Korea’s most valuable company, plans to raise about $29 billion through an initial public offering of American depositary receipts on the Nasdaq, according to a regulatory filing. The chipmaker said it will issue 17.79 million new shares at…