Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) -- BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the "Offering"). Under the agreement, BMO Capital Markets has agreed to purchase 1,500,000 subordinate voting shares of the Company (the "Subordinate Voting...
Calls for Columbia President Minouche Shafik to resign surged Monday over what congressional critics described as her failure to rein in the virulent anti-Israel protests that have engulfed the Ivy League institution.
Microsoft and Amazon asked to comment on tie-ups, a move that paves way for formal investigationThe UK competition watchdog has stepped up its scrutiny of big tech involvement in artificial intelligence startups, asking for comment on three deals by Microsoft and Amazon.The Competition and Markets Authority (CMA) announced that it was examining Microsoft’s investment in the French firm Mistral and the hiring of the DeepMind co-founder Mustafa Suleyman as head of the US company’s new AI division....
Two battery manufacturers claimed 83% of the total funding raised in Q1, but the need for new long-duration storage technologies is fueling an overall upward trend, Mercom said.
On Monday’s broadcast of “CNN News Central,” White House National Security Communications Adviser John Kirby said that Iran’s attack was “escalatory” and “a huge step in the wrong direction.” But “just because Iran conducted this unprecedented attack, which we and our
Ecommerce major Flipkart and Zepto held talks for a potential deal but the discussions fell through and are unlikely to be revived, said two people in the know of the matter.Zepto, a top player in the fast-growing quick commerce segment, is understood to have opted for a financial round over a strategic sale, these people said on condition of anonymity as the talks were private. “The companies met and Flipkart made an offer to Zepto valuing it at under $2 billion.. but the deal didn’t go ahead....
US office-sharing company WeWork Inc. is set to exit the Indian operations by selling its entire 27% stake in the local unit through a secondary transaction, said multiple people in the know.The estimated Rs 1,200 crore deal will also see Bengaluru-based property developer Embassy group pare its holding from 73% to 60%, said the people cited above.The combined stakes of WeWork Inc. and Embassy group totalling 40% in the Indian unit will be acquired by new investors comprising the Enam group...
The Denver Broncos have added some secondary help as the franchise, and the
It's now less than a week until Fallout 4's long-awaited next-gen update drops on April 25, bringing with it a bunch of tweaks for different platforms and some fresh goodies you can grab for free. If you're on PC the only issue with that is that updates - especially big ones - tend to play havoc with mods when they first drop, but modding platform Nexus Mods is taking some steps to try and make that transition a bit less of a headache.It's good news, because you probably aren't alone if you've...
Liverpool have opened talks with Feyenoord as they look to sign Arne Slot. Reds face paying a compensation fee of over £10m to land the Dutchman. Phil Foden reveals what it's REALLY like to play for Pep Guardiola in an It's All Kicking Off special. Listen on
A new agreement between Riyadh Season and the WST has been announced. Ronnie O'Sullivan, 48, has also signed a three-year ambassadorial agreement. He will take part in all WST events in Saudi and coach aspiring talent out there