SAN FRANCISCO: COVU Inc., a leader in AI-native services for insurance agencies, today announced the successful completion of $12.5 million in equity and debt financing, as part of the first tranche of its Series A funding round. This brings total…
SINGAPORE: WatchTowr, the cybersecurity startup redefining External Attack Surface Management, today announced a $19 million Series A funding round led by Peak XV, formerly known as Sequoia India & Southeast Asia, with repeat participation from Prosus Ventures and Cercano Management….
SAN FRANCISCO: Ripple, the leading provider of digital asset infrastructure, announced the launch of new features and functionality to Ripple Custody, bringing the benefits of its market-leading bank-grade custody technology to fintechs and crypto businesses. The latest update includes a…
LONDON: Games Workshop Group announced the appointment of Mark Lam as Non-Executive Chair of the company with effect from 1 November 2024. Mark has been an independent Non-Executive Director of the Company and the Senior Independent Director since 2023. A…
LONDON: Brookfield Global Asset Management has reached agreement to acquire Tritax EuroBox plc in a £557 million deal. Titanium Ruth Bidco Limited, a newly formed company indirectly owned by one of Brookfield’s real estate private funds, has reached an agreement…
LONDON: UIL Limited has announced plans to merge the Zeta Resources Limited (“Zeta”) investment platform into its operations. This follows a sale and purchase agreement with General Provincial Life Pension Fund Limited (“GPLPF”) to acquire all 187,572,396 ordinary shares in…
CAMBRIDGE: clock.bio, a healthspan biotech, raised $5.3 million in seed funding led by LocalGlobe, with participation from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner, the Founder of Abcam. The company has made significant progress in decoding the biology of human rejuvenation,…
LONDON: Syncona Ltd’s portfolio company Purespring Therapeutics, a pioneering gene therapy company focused on transforming the treatment of kidney diseases has raised £80 million in an oversubscribed Series B financing. Syncona has committed £19.9 million as part of a leading…
LONDON: Mondi plc has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging. This acquisition will expand Mondi’s corrugated footprint in Western Europe and add complementary fibre-based products, focused…
LONDON: Rio Tinto and Arcadium Lithium plc (NYSE: ALTM) announced a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for US$5.85 per share. The transaction represents a premium of 90% to Arcadium’s closing price of…
Adobe announced on Tuesday that it will launch a free web-based app next year to help creators of images and videos receive credit for their work used in AI systems. Since 2019, Adobe and other tech companies have been developing…
BALTIMORE: Facet, the fintech company that is building the future of financial planning, has raised an additional $35 million in new financing. The round was led by Multiplier Capital, a leading provider of flexible financing solutions. Recently named to the Inc….