Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...
The Innovate UK Fund has announced six winners to be awarded grant funding from the government totalling £1 million to jumpstart ‘AI in the music industry.’ Competition assessors agreed that AudioStrip would benefit and strengthen the UK music industry by saying “this is well planned, resourced, and researched innovation that can impact the business, market, […]
Navigating startup financing is complex. Entrepreneurs find themselves at the crossroads of innovation and survival, where a single decision can either fuel their dreams or extinguish their aspirations. Here we look at six ways you can finance your startup to support your business for long-term success.
The tech minister is urging semiconductor leaders to apply for funding through the soon-to-expire Chips Joint Undertaking. UK semiconductor companies and researchers are currently eligible to apply for access to a £5m funding pot for research. British firms gained access to the funding in March when the Department for Science, Innovation and Technology (DSIT) announced […]
Microsoft has launched a UK AI startup accelerator in partnership with London-based private investing platform Seedrs. The Series AI programme aims to help participating startups build and integrate AI technology. The four-week accelerator, open to startups from Seed to Series A stage, will include mentorship, resource sharing and commercialisation support. “Over the last few years, […]
For the 25th time in 26 years, Hartsfield-Jackson Atlanta International Airport (ATL) was named the world’s busiest airport. The Georgia hub again took the top spot in Airports Council International’s annual rankings of the world’s busiest airports for 2023, according to data released by the organization Monday. Atlanta led the way in total passengers enplaned …
The NBA reveals the 3 finalists for Kia MVP, Kia Rookie of the Year, Kia
Around 2,900 sterilisation procedures were carried out in Finland in 2022 — with more than 2,000 of those being vasectomies, according to THL.
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Finance Minister Chrystia Freeland is promising billions in new spending in the federal budget, while also laying more taxes on the highest earners. Freeland announced this year’s federal budget inside the House of Commons Tuesday afternoon. After weeks of teasing many budgetary items, the Liberal government unveiled its plans on how it intends to offset […]
State lawmakers reached a “conceptual” agreement on the 2025 budget on Monday, according to Gov. Kathy Hochul, who hosted a celebratory press conference touting the deal. Since the bills have not been printed yet, details remain scarce. However, according to the governor, the $237 billion budget, now over two weeks late, includes “landmark” policies to [] The post Hochul announces budget agreement, with ‘landmark’ housing deal first appeared on 6sqft.
Supporters of the Theodore Roosevelt Presidential Library in North Dakota are cheering new federal legislation to help build the library and to showcase artifacts of the 26th president, who as a young man hunted and ranched in the state during its territorial days. Last week, North Dakota's three-member, all-Republican congressional delegation announced the bill to "authorize funding for the Library’s continued construction and go towards ensuring the preservation of President Roosevelt’s...
Investment group Seraphim Space has announced the first close of its second early-stage space tech venture fund. The Seraphim Space Venture Fund II (SSV II) will back early-stage space tech startups from seed to Series A round. A Seraphim spokesperson declined to comment on the target size of the fund, but said it would be […]