EV mini-truck company, TELO secures $5.4M funding in a round led by Neo

TELO, an emerging leader in electric vehicle innovation, has announced a significant $5.4 million funding round led by Neo. The investment, which includes contributions from Spero Ventures and several angel…

NNR March 13, 2024

Wire

FERMAT secures $17 million funding in a round led by Bain Capital Ventures

In a significant boost for personalized e-commerce, FERMAT has announced a $17 million funding round led by Bain Capital Ventures. This investment propels FERMAT's total capital to over $30 million,…

NNR March 13, 2024

Wire

John Ratigan appointed interim Chief Executive Officer at Comtech

Comtech today announced that its Board of Directors appointed John Ratigan, Chief Corporate Development Officer (CCDO), as interim Chief Executive Officer, effective immediately. Mr. Ratigan succeeds Ken Peterman, who has…

NNR March 13, 2024

Wire

Zephyr AI Secures $111 million in Series A funding

Zephyr AI, Inc. has announced the successful closure of a $111 million Series A funding round. The round saw contributions from notable investors including Revolution Growth, Eli Lilly & Company,…

NNR March 13, 2024

Wire

Identidad acquires VoIP pioneer SwitchRay

Identidad, a leading telecommunications innovator, has officially acquired SwitchRay, a renowned VoIP solutions provider, previously managed by 46 Labs. The acquisition, effective March 8, 2024, positions Identidad to leverage SwitchRay’s…

NNR March 12, 2024

Wire

Dowlais Group appoints Jean-Marc Durbuis as new CEO of GKN Powder Metallurgy

Dowlais Group Plc, the specialist engineering firm focused on the automotive sector, has appointed Jean-Marc Durbuis as the new Chief Executive Officer of GKN Powder Metallurgy. Jean-Marc joins the company…

NNR March 12, 2024

Wire

Campbell Soup acquires Sovos Brands in a $2.7 billion deal

Campbell Soup Company (NYSE: CPB) has finalized the purchase of Sovos Brands, Inc. for $23 per share, marking a significant expansion of its premium brand offerings. The all-cash deal values…

NNR March 12, 2024

Wire

Tierra Biosciences secures $11.4M in Series A funding to revolutionize protein synthesis

Tierra Biosciences has successfully secured an $11.4 million Series A funding round, spearheaded by Material Impact. This significant financial boost, with contributions from Prosus Ventures, In-Q-Tel, Hillspire, Freeflow Ventures, Creative…

NNR March 12, 2024

Wire

Frazier Healthcare Partners acquires RevSpring

Frazier Healthcare Partners, the Seattle-based investment firm with a focus on healthcare, has successfully completed the acquisition of RevSpring, a prominent provider of comprehensive communication and payment solutions. The acquisition,…

NNR March 12, 2024

Wire

Lumio appoints Andrew Walton as new CEO amidst expansion drive

Lumio, a leading name in the renewable energy sector, has welcomed Andrew Walton as its new CEO. Walton, who brings a wealth of experience from his previous role as President…

NNR March 12, 2024

Wire

ProductLife Group acquires UK based consultancy, Integrity

ProductLife Group (PLG) has acquired Integrity, a UK-based consultancy renowned for its expertise in IT Quality and Digital Transformation. This acquisition marks a strategic expansion of PLG's capabilities in driving…

NNR March 12, 2024

Wire

Tide, UK’s top business financial platform, launching in Germany

Tide, the United Kingdom's premier business financial platform, has announced its launch in Germany. This expansion marks Tide's second international venture, hot on the heels of its successful foray into…

NNR March 12, 2024