SAN JOSE, Calif. — Avicena, a leader in ultra-low power, high-density microLED-based interconnects, announced Wednesday that it has raised $65 million in Series B funding, bringing its total capital raised to $120 million. The funding round was led by Tiger Global, with participation from new and existing investors including Maverick Silicon, Prosperity7 Ventures, Venture Tech Alliance,…
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European Biogas Association calls for binding 2040 target to scale biogas production
BRUSSELS: As the European Union advances toward its 2040 climate goals, the European Biogas Association (EBA) is pushing for biogases to play a central role in the bloc’s energy transition. The industry group has proposed a binding target of 100 billion cubic meters (bcm) of biogas and biomethane production by 2040, positioning the sector as a key driver…
Origin gets $21 million Series A funding to transform global benefits industry
LONDON: Origin, the world’s first Global Benefits Intelligence platform, officially launched Tuesday with $21 million in Series A funding led by Felix Capital. Acadian Ventures and Notion Ventures also participated, along with individual investors including Tudor Havriliuc, former vice president of HR at Meta; Paul Daugherty, retired chief technology officer at Accenture and author of…
Responsive acquires Australia’s Bidhive to expand APAC presence
SAN FRANCISCO: Responsive, a global leader in AI-powered Strategic Response Management (SRM) software, announced Tuesday its acquisition of Bidhive, an Australian bid and proposal management platform. The deal strengthens Responsive’s foothold in the Asia-Pacific (APAC) region. Bidhive’s expertise in bid management complements Responsive’s AI-driven platform, enabling enterprises to handle requests for proposals (RFPs), tenders and…
Ascendx Cloud secures £82 million to expand CRM SaaS portfolio, U.S. operations
LONDON: Ascendx Cloud, a London-based provider of enterprise-grade customer relationship management (CRM) software-as-a-service (SaaS) solutions, has raised £82 million in funding to scale its suite of applications and expand its U.S. presence. The investment aims to help more enterprise companies harness their CRM data amid the growing adoption of artificial intelligence. The funding round consists of £45 million in…
Virgin Media O2 and Daisy Group to merge creating £1.4 billion entity
LONDON: Virgin Media O2 (VMO2) announced Monday that it will merge its business-to-business operations with Daisy Group to form a major new player in the United Kingdom’s business communications and IT sector. The newly established entity will generate annual pro forma revenues of approximately £1.4 billion. VMO2 will hold a 70% stake in the business, with Daisy…
ATIS Group to acquire 300 wireless towers in Paraguay from Millicom
MONTEVIDEO: ATIS Group, a leading digital infrastructure provider in Latin America, announced Thursday that it has signed an agreement to acquire Lati Paraguay, a Millicom subsidiary that owns about 300 wireless communication towers in Paraguay. The deal, signed April 26, is part of ATIS’s continued expansion in the Southern Cone and strengthens its position as the region’s…
Stella-Jones acquires Locweld Inc., expands presence in steel transmission structure market
CANDIAC: Stella-Jones Inc. (TSX: SJ) announced Wednesday it has entered into a definitive agreement to acquire Locweld Inc., a leading manufacturer of lattice transmission towers and steel poles. The acquisition is expected to close later in the day. Locweld, which has been in operation for more than 75 years, employs approximately 220 people and serves customers in…
Jeffs’ Brands announces strategic transactions valued at up to $26 million
Jeffs’ Brands Ltd. (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, has announced two significant transactions with public companies, collectively valuing its assets between $23.4 million and $26 million. The moves mark a major milestone in the company’s global expansion strategy. In a deal valued at approximately $11.8 million, Jeffs’ Brands entered…
BioSig Technologies announces plans for merger with Streamex Exchange Corporation
BioSig Technologies, Inc. (NASDAQ: BSGM), a medical technology company, has entered into a Letter of Intent to merge with Streamex Exchange Corporation in an all-stock transaction, the company announced. “This merger represents a transformative opportunity for both our company and our shareholders,” BioSig CEO Anthony Amato said in a statement. “By joining forces with Streamex, we are…
Datadog acquires Eppo to enhance product analytics, experimentation capabilities
SAN FRANCISCO: Datadog, Inc. (NASDAQ: DDOG), a monitoring and security platform for cloud applications, announced Tuesday it has acquired Eppo, a feature flagging and experimentation platform, to integrate with its existing Product Analytics suite. Currently, developers must combine data from multiple tools across engineering, product and business teams to assess the impact of new features. Many…
Vencora acquires Australian banking technology firm Data Action
ADELAIDE: Vencora, a global acquirer of financial services technology companies, announced Monday it has acquired Data Action (DA), a leading Australian provider of core and digital banking solutions. The deal marks Vencora’s first acquisition of an Australian banking technology firm and significantly expands its presence in the region alongside its insurance technology business, SSP. Founded in 1986 as…