Bitterroot Bio, a biotech company that aims to develop immunotherapies for cardiovascular disease, has announced its emergence from stealth mode and a $145 million series A funding round, the largest-ever investment for a preclinical CVD-focused biotech. The Palo Alto-based company,…
Opnfi, a company that provides a B2B embedded finance (EmFi) platform, and actyv.ai, an AI-powered enterprise SaaS platform with embedded B2B buy now pay later (BNPL) and insurance, have announced a strategic partnership to bring EmFi solutions for businesses in…
Google has announced the winding down of its domain registrar business, which has been operational for nearly a decade. The decision comes as the tech giant aims to refine its focus amidst the global financial and operational reassessments being undertaken…
The UK’s Competition and Markets Authority (CMA) has given the green light to Amazon’s $1.7 billion acquisition of iRobot Corp, the renowned manufacturer of Roomba robotic vacuum cleaners. Following a thorough review, the CMA concluded that the deal would not…
axle energy, a London-based energy flexibility startup, has raised $1.6 million in pre-seed funding. The round was led by Picus Capital with participation from Eka Ventures. The company intends to use the funds to expand operations and its business reach….
Mayo-based multinational workwear, safety footwear, and PPE provider Portwest has announced its latest acquisition of Canadian company IFR Workwear, a renowned brand specializing in premium flame-resistant (FR) products. The acquisition aligns with Portwest’s strategy of strengthening its product portfolio, accessing…
Octave, a San Francisco-based company that specializes in outcomes-focused behavioral health care, has raised $52 million in Series C funding. The round was led by Cigna Ventures, Novo Holdings, and Avidity Partners, and included participation from existing investors Health Velocity…
Currys, a leading electrical retailer, has announced its plans to explore strategic options for its Greek business, Kotsovolos. The company believes that Kotsovolos, which also has a growing presence in Cyprus, is a strong and profitable enterprise with a highly…
Unilever plc, a multinational consumer goods company, announced on Thursday that it has entered into an agreement to acquire Yasso Holdings, Inc., a premium frozen Greek yogurt brand in the United States. The acquisition is expected to close in the…
In a move to sharpen its focus on its core markets, Liberty Mutual Insurance has announced the sale of its personal and small business operations in Western Europe to Generali Group for €2.3 billion. The deal, which is subject to…
Paris, France: In a major move that marks an escalation of its international endeavors, Alibaba, the Chinese tech giant, announced on Thursday its plans to expand one of its key e-commerce platforms, Tmall, into Europe. The decision comes just over…
Chicago-based fintech startup Paro, which provides access to on-demand finance and accounting expertise, has secured $25 million in Series C funding. The round was led by Top Tier Capital Partners, with participation from existing investors Madrona Venture Group, Revolution Ventures,…