MOUNTAIN VIEW: Materna Medical Inc., a women’s pelvic health company, has secured additional funding in its ongoing $20 million Series B2 financing round. New investors GLIN Impact Capital, Wealthing VC Club and Citrine Angels joined the round, led by InnovaHealth Partners and existing backers Wavemaker Three-Sixty Health, Kimera Limited, Women’s Venture Capital Fund and Golden…
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Everfield acquires Denmark-based OnlinePOS in Nordic expansion move
RANDERS: Everfield, a European long-term software investor, has acquired OnlinePOS, a Danish provider of point-of-sale (POS) solutions for the hospitality and events sector, marking its first acquisition in Denmark and a significant step in its Nordic expansion. Founded in 2008, OnlinePOS offers a modular POS platform tailored for HORECA businesses, integrating traditional POS functionalities with…
Stearman Resources to acquire NeoCore Uranium in share deal, announces financing
VANCOUVER: Stearman Resources Inc. (CSE:STMN) said Tuesday it has agreed to acquire all outstanding shares of NeoCore Uranium Ltd., a private British Columbia-based company holding a uranium property in Saskatchewan’s Athabasca Basin. Under the deal, Stearman will issue 7.5 million common shares at $0.05 per share to NeoCore shareholders. The transaction, expected to close by…
Ardurra acquires Florida cultural resource management firm Janus
MIAMI: Ardurra Group Inc., a top U.S. engineering firm, has acquired Tampa-based Janus Research Inc., a 40-year-old cultural resource management (CRM) specialist, in a move that strengthens its ability to handle preservation-related projects in Florida. The deal positions Ardurra, ranked #75 on Engineering News-Record’s Top 500 list, as one of the state’s top three CRM…
Cosentus Holdings acquires Alta Management Solutions to expand healthcare consulting services
SALT LAKE CITY: Cosentus Holdings, a leading provider of integrated business solutions for healthcare practices, has signed an agreement to acquire Alta Management Solutions, a respected firm specializing in medical practice consulting and revenue cycle management (RCM). The acquisition, finalized on May 27, 2025, strengthens Cosentus’ national presence and enhances its service offerings. Based in…
Expert Institute bolsters expert witness services with acquisition of ECLS
New York: Expert Institute, the legal industry’s top provider of expert witness services and litigation intelligence, has acquired ExpertConnect Litigation Support (ECLS), a boutique firm known for its high-profile network of specialists in complex regulatory, commercial, and IP disputes. The deal strengthens Expert Institute’s dominance in the expert witness market, adding ECLS’s roster of elite…
Epassi Group acquires VIP District, expands employee benefits platform across Europe
HELSINKI: Epassi Group has acquired Spain-based VIP District, a leading employee rewards and engagement platform, marking a key step in its European expansion strategy. The deal follows Epassi’s recent purchase of U.K. benefits provider Zest and strengthens its presence in Spain, Portugal, Italy, Germany and the Netherlands. Founded in 2010, VIP District serves more than…
Autonomize AI raises $28 million to advance AI solutions in healthcare
AUSTIN: Autonomize AI, a U.S.-based startup developing artificial intelligence solutions for healthcare, has secured $28 million in Series A funding, bringing its total capital raised to $32 million. The investment round was led by Valtruis, The Cigna Group Ventures and Tau Ventures, with participation from existing investors including Asset Management Ventures, ATX Venture Partners and Capital Factory,…
Global EV sales rise 24% in May, led by Chinese market growth
Global sales of electric and hybrid vehicles climbed 24% in May to 1.6 million units, driven largely by China, which accounted for one million sales both domestically and abroad, according to data from Rho Motion. The report also noted a more modest month-over-month increase of 8%. Through the first five months of the year, global EV sales…
DigitalOcean partners with AMD to offer affordable AI GPUs for developers
NEW YORK: DigitalOcean Holdings, Inc. (NYSE: DOCN) announced a collaboration with AMD to provide its customers with access to AMD Instinct™ GPUs, (AI GPUs) starting with the MI300X model, to power artificial intelligence workloads. The cloud computing company said it will later expand its offerings to include AMD’s high-performance MI325X GPUs, giving developers more affordable…
German start-up Proxima Fusion raises €130 million to develop fusion power plant
MUNICH: German start-up Proxima Fusion announced Wednesday it raised 130 million euros ($148 million) in a record funding round, with investors betting the company can develop the world’s first commercial nuclear fusion power plant. The Series A financing, co-led by Cherry Ventures and Balderton Capital, marks the largest private fusion investment in Europe to date….
Global economic growth to slow to 2.3% in 2025 amid rising trade tensions, World Bank reports
WASHINGTON: The global economy is facing significant headwinds as growth is projected to slow to 2.3% in 2025, the weakest pace since 2008 outside of outright recessions, according to the World Bank’s latest Global Economic Prospects report released Wednesday. The slowdown is driven by escalating trade barriers, heightened policy uncertainty, and financial market volatility, with emerging market and…