Orkes raises $20M to scale distributed systems with AI

Orkes, a company that provides a fast and easy way to scale distributed systems, has secured $20 million in a funding round led by Nexus Venture Partners. The company, which…

NNR February 21, 2024

Wire

Ibex Investors closes $106M fund to back early-stage Israeli startups

Ibex Investors, a US-based investment firm that invests in Israeli startups from pre-seed to pre-IPO, announced today the close of its fourth Israel focused fund, Ibex Israel VC II LP,…

NNR February 21, 2024

Wire

Hornblower Group to sell or shut down its overnight cruising business

Hornblower Group, a leading provider of land- and water-based experiences, has announced a major restructuring deal that will see it sell or shut down its overnight cruising business, American Queen…

Chenos Kahn February 21, 2024

Wire

Cintas Corporation has acquired SITEX

Cintas Corporation (Nasdaq: CTAS) has acquired SITEX, a Kentucky-based, family-owned supplier of uniform and facility service programs. SITEX was founded by the Sights family in Henderson, Kentucky in 1961. Currently,…

NNR February 21, 2024

Wire

NexTier and Mars Bancorp complete merger to form Western Pennsylvania’s leading community bank

NexTier, Inc., the parent company of NexTier Bank, N.A., announced on Tuesday that it has successfully merged with Mars Bancorp, Inc., the owner of Mars Bank, as of February 16,…

NNR February 20, 2024

Wire

Archer acquires Compliance.ai to boost AI-powered regulatory change management

Archer, an enterprise leader in providing a fully integrated risk management solution, today announced its acquisition of Compliance.ai, a leading provider of artificial intelligence (AI)-driven regulatory change management solutions. This…

NNR February 20, 2024

Wire

Intel and Cadence join forces to boost AI, HPC and mobile computing

Intel Foundry Services (IFS) and Cadence Design Systems, Inc. have announced a multiyear strategic agreement to jointly develop a portfolio of key customized IP, optimized design flows and techniques for…

NNR February 20, 2024

Wire

Web3 gaming studio, Crystal Fun, raises funding from KuCoin Ventures

Crystal Fun, a pioneering Web3 gaming studio, has secured funding from leading crypto exchange KuCoin Ventures. This strategic partnership aims to revolutionize the industry by: Integrating top-tier games with sustainable economic…

NNR February 20, 2024

Wire

MIP Discovery raises £7 million to advance cell and gene therapy solutions

MIP Discovery, a biotechnology company that develops non-biological affinity reagents for cell and gene therapy applications, has secured a £7 million Series A funding round led by Mercia Ventures. The…

NNR February 20, 2024

Wire

Capital One to buy Discover Financial Services in $35 billion deal, creating payments giant

Capital One Financial Corp. announced earlier that it has agreed to acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion, creating a payments powerhouse that will serve…

NNR February 20, 2024

Wire

Pape-Dawson Engineers has acquired Georgia-based engineering firm, Maxwell-Reddick

Pape-Dawson Engineers, LLC has acquired Georgia-based engineering firm, Maxwell-Reddick, as part of its strategy to expand its industry-leading civil engineering, surveying, and land planning practice across the United States. Maxwell-Reddick…

NNR February 20, 2024

Wire

Black Stone Minerals reports strong results for 2023, provides outlook for 2024

Black Stone Minerals, L.P. (NYSE: BSM), a leading owner of oil and natural gas mineral interests in the United States, announced its financial and operating results for the fourth quarter…

NNR February 20, 2024