LONDON, UK: CMC Markets Plc , a leading global provider of online retail and institutional platform technology, has announced a significant investment in StrikeX Technologies Ltd, a customer-centric blockchain solutions company. With the acquisition of a 33% stake in StrikeX, CMC Markets solidifies its position in the digital asset industry and gains access to cutting-edge…
Brookfield agrees to takeover Network International Holdings for £2.2 billion
LONDON, UK: BCP VI Neptune Bidco Holdings Limited reached agreement on the terms of a recommended cash acquisition of Network International Holdings Plc at the rate of 400 pence in cash for each Network International share. BCP VI Neptune Bidco is an entity indirectly owned by Brookfield Business Partners together with private equity funds managed…
Oberon Investments completes acquisition of majority stake in Logic Investments
LONDON, UK: Oberon Investments Group plc (AQSE: OBE), a boutique investment management, wealth planning, and corporate broking group, is pleased to announce the successful completion of its acquisition of a majority stake in Logic Investments Ltd (‘Logic’). The Financial Conduct Authority (FCA) has granted approval for the change of control, allowing Oberon to proceed with…
Tesco Media and Insight Platform partners with Pinterest to offer personalised ads to CPG brands
Tesco Media and Insight Platform, powered by dunnhumby, has announced a new offsite media partnership with Pinterest, the world’s largest visual discovery engine. This partnership will allow the UK’s leading CPG brands to connect with Tesco customers who are looking for inspiration on Pinterest, using Tesco Clubcard data and dunnhumby’s analytical expertise to deliver highly…
EvenUp Secures $50.5 Million in Series B Funding to Revolutionize Personal Injury Law with AI-driven Support
EvenUp, a leading AI-driven company specializing in providing support for personal injury lawyers, announced today that it has successfully raised $50.5 million in Series B funding. The funding round was led by Bessemer Venture Partners, a prominent venture capital firm, with participation from other notable investors including Bain Capital Ventures, Scott Belsky, Clio, SignalFire, DCM,…
HyperPlay raises $12M to grow its Web3 gaming platform
HyperPlay, a Delaware-based company that offers a Web3-native game launcher and aggregator of multiple game stores, has raised $12M in Series A funding co-led by Griffin Gaming Partners and BITKRAFT Ventures. The company plans to use the new capital to scale its platform, enhance its flagship game launcher, and increase its international presence. HyperPlay was…
Syntax Health Secures $7.5 Million in Seed Funding to Drive Innovation in Value-Based Care Solutions
Syntax Health, a New York-based provider of an enterprise SaaS-based solution for health plans and providers, has successfully raised $7.5 million in Seed funding. The funding round, led by undisclosed investors, will enable Syntax Health to accelerate its growth, expand operations, and further penetrate the market. Syntax Health offers an innovative enterprise SaaS platform designed…
BeFC raises €16M to expand its ecological biofuel cell technology
BeFC, a French company that develops sustainable paper-based biofuel cells and ecofriendly microelectronics, has secured €16M in Series A funding led by Otium Capital. The company plans to use the new capital to grow its customer base and enter new markets in North America and Asia. BeFC was founded in 2020 by Dr. Jules Hammond,…
LinkedIn launches generative AI tool to write ad copy
LinkedIn, the professional networking platform owned by Microsoft, has introduced a new generative AI tool called AI Copy Suggestions to automate the writing process for ad campaigns on its platform. This latest addition to LinkedIn’s AI-driven features aims to assist users in generating introductory text and headlines for their ads. By leveraging data from the…
Apparel Group and Clarks Set to Open 20+ Stores in KSA
Apparel Group, a renowned global fashion and lifestyle conglomerate, has announced a significant strategic partnership with Clarks, a leading global footwear brand. The collaboration aims to accelerate the expansion of Clarks’ retail presence across the Kingdom of Saudi Arabia (KSA) by opening more than 20 stores over the next five years. The alliance between Apparel…
Ørsted becomes world’s first energy company to issue blue bonds
LONDON, UK: Ørsted, a leading renewable energy company, has made history by becoming the first energy company to issue blue bonds on World Ocean Day. The EUR 100 million blue bond, issued in accordance with the IFC Blue Finance Guidelines, will support investments in offshore biodiversity and sustainable shipping, aligning with Ørsted’s commitment to achieving…
UK Government to Host Global Conference on AI Safety to Address Risks and Ensure Secure Development
London, UK: The United Kingdom government has made a groundbreaking announcement, revealing its plans to host the world’s first global conference on AI safety. Set to take place this autumn, the summit will bring together key countries, leading technology companies, and researchers to discuss and establish safety measures concerning the significant risks posed by artificial…