Archives

Imperfect Foods Secures $72 Million To Reduce Food Waste

By Annie Baker ● May 28, 2020

Imperfect Foods announced recently that it raised $72 million in Series C funding led by Insight Partners.

Multicloud-To-Edge NoSQL Database Couchbase Raises $105 Million

By Amit Chowdhry ● May 28, 2020

Couchbase, the creator of an enterprise-class multicloud-to-edge NoSQL database, announced it raised $105 million.

Healthcare Innovation Company Mindstrong Raises $100 Million

By Dan Anderson ● May 28, 2020

Mindstrong, a company that is focused on transforming mental health through innovations in virtual care models and digital measurement, announced it has raised $100 million.

Online Real Estate Transaction Service Spruce Raises $29 Million

By Dan Anderson ● May 28, 2020

Spruce, a national platform for enabling online real estate transactions with innovative title and escrow solutions, announced it raised $29 million in Series B funding

Venture Firm Spectrum Equity Closes $1.5 Billion Fund IX

By Noah Long ● May 28, 2020

Venture firm Spectrum Equity recently announced the closing of Spectrum Equity IX L.P. at a hard cap of $1.5 billion

Chief, A Private Network That Drives Women Into Leadership Positions, Raises $15 Million In Funding

By Annie Baker ● May 28, 2020

Chief, a private network driving women into leadership positions, announced it has raised $15 million in a new round of funding from all existing investors.

Apple (AAPL) Reportedly Acquired Machine Learning Company Inductiv

By Amit Chowdhry ● May 28, 2020

Apple (NASDAQ:AAPL) has reportedly acquired machine-learning company Inductiv, which utilizes artificial intelligence to correct errors in data.

Gilead Sciences (GILD) Signs $2 Billion Deal With Arcus Biosciences (RCUS)

By Amit Chowdhry ● May 28, 2020

Gilead Sciences (NASDAQ:GILD) and Arcus Biosciences (NYSE:RCUS) announced a ten-year agreement for co-developing and co-commercializing next-generation cancer immunotherapies.

Yext Partners With Adobe (ADBE) On The Exchange Program At The Premier Level

By Amit Chowdhry ● May 28, 2020

Search Experience Cloud company Yext Inc (NYSE: YEXT) announced it is partnering with Adobe Inc (NASDAQ: ADBE) on the Exchange program at the premier level.

SpaceX Raises Nearly $350 Million As It Prepares For Crew Dragon Launch

By Amit Chowdhry ● May 28, 2020

SpaceX recently raised nearly $350 million, according to a document filed with the SEC. This funding comes on the heels of SpaceX preparing for the Crew Dragon launch.

Raspberry Pi 4 Now Has An 8GB RAM Option

By Amit Chowdhry ● May 28, 2020

The Raspberry Pi Foundation announced that the Raspberry Pi 4 now has an 8GB RAM option. These are the details.

Twitter (TWTR) CEO Jack Dorsey Discusses Fact-Checking Labels

By Amit Chowdhry ● May 28, 2020

Twitter Inc (NYSE: TWTR) CEO Jack Dorsey has been responding to concerns about the fact-checking labels that were added to the social media service.

Drug Discovery Company insitro Raises $143 Million

By Noah Long ● May 28, 2020

insitro, a machine-learning driven drug discovery and development company, announced it raised $143 million in an oversubscribed Series B financing.

Furniture Rental Company Fernish Closes $15 Million

By Annie Baker ● May 28, 2020

Fernish, a company that is known for enabling users to rent upscale furniture and decor, announced it has raised $15 million in Series A.

Human Proteome Company Nautilus Biotechnology Raises $76 Million

By Dan Anderson ● May 28, 2020

Nautilus Biotechnology, a company that is pioneering high-throughput and low-cost platform for analyzing and quantifying the human proteome, announced it has raised $76 million.

Tesla (TSLA) Drops Prices Across Vehicle Lineup

By Amit Chowdhry ● May 28, 2020

Tesla Inc (NASDAQ: TSLA) has reduced the prices of its vehicles. There were drops in prices by thousands of dollars on a number of its models.

SAP Executive Todd McElhatton Hired As CFO Of Zuora (ZUO), Effective June 22

By Amit Chowdhry ● May 28, 2020

Todd McElhatton, the head of SAP SE’s cloud division, will become the head of finances at San Mateo, California-based cloud applications Zuora on June 22.

VBI Vaccines (VBIV) Raises $50 Million In Debt Financing

By Amit Chowdhry ● May 28, 2020

Commercial-stage biopharmaceutical company VBI Vaccines Inc (NASDAQ:VBIV) announced that it has entered into a debt financing facility for up to $50 million with K2 HealthVentures (K2HV).

On-Demand Storage Company MakeSpace Raises $55 Million

By Dan Anderson ● May 28, 2020

On-demand storage company MakeSpace announced it raised $55 million in equity financing and some debt.

Pie Insurance Secures $127 Million In Funding And Capital Commitments

By Noah Long ● May 28, 2020

Insurance tech company Pie Insurance announced it has closed $27 million in a new round of funding and capital commitments.

Tencent To Invest About $70 Billion In New Infrastructure

By Annie Baker ● May 28, 2020

China-based Tencent Holding (OTCMKTS:TCEHY) announced it is investing 500 billion yuan (about $70 billion) in its technology infrastructure over the next 5 years.

Why Merck Is Buying Themis

By Dan Anderson ● May 27, 2020

Merck & Co., Inc. (NYSE: MRK) and Themis -- which is a company focused on vaccines and immune-modulation therapies for infectious diseases and cancer -- announced that the companies have entered into a definitive agreement under which Merck will buy Themis.