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...
Medulance, an emergency healthcare services startup, has raised $3 million in Series A funding, led by Alkemi Growth Capital.The funding round also saw participation from investors such as Dexter Capital, Boat founder Aman Gupta, and Emcure Pharmaceuticals’ executive director Namita Thapar. The New Delhi-based startup has raised fresh capital after running as a profitable bootstrapped company for six years, it said in the statement.The funds will be used to increase its presence across the...
Chip startup Rivos said on Tuesday it raised $250 million in a funding round that will enable it to manufacture its first server chip geared for artificial intelligence. Nvidia's combination of chips and CUDA software dominates the market for AI-related computing, and Nvidia gobbled up more than 80% market share of AI chips in 2023. But a host of startups and chip giants have started to launch competing products, such as Intel's Gaudi 3 and Meta's inference chip - both unveiled last week. Rivos...
ClickPost, a logistics intelligence platform for online retailers, has raised $6 million in a funding round led by early-stage venture capital firms Inflexor Ventures partners and Athera Venture Partners. The round also saw participation from Riverwalk Holdings and its existing investor Rebright Partners.ClickPost said the funds will be used for introducing enhanced products and to extend its presence into new geographical areas, as well as further within its existing regions. We've seen some of...
Zypp Electric, a startup that manages electric vehicle fleets for delivery firms and bike taxi operators, is in talks to raise a fresh round of funding of $40 million led by Silicon Valley-based fund Tribe Capital, two people in the know said.The Gurugram-based startup is likely to be valued at $300-350 million, these people said. This is almost double from its last valuation of around $165-170 million, ascribed after its February 2023 fundraise of $25 million in a mix of debt and equity led by...
Critics hail ‘half a century of momentum’ and vow to expand services to meet the growing threat from other diseases
Bethesda has announced that the Fallout franchise saw almost five million players in a single day across its games. The most recent entry, Fallout 76, saw one million players enter its online world.
A $250 Million War Game And Its Shocking Outcome Authored by Nick Giambruno via InternationalMan.com, At a cost of $250 million, Millennium Challenge 2002 was the largest and most expensive war game in Pentagon history. With over 13,500 participants, the US government took over two years to design it. The exercise pitted Iran against the US military. Washington intended to show how the US military could defeat Iran with ease. Paul Van Riper, a three-star general and 41-year...
Razer has this week unveiled its latest mobile gaming controller in the form of the new Kishi Ultra. Compatible with a wide range of devices, including Android, iPhone 15 series, and iPad Mini, the Kishi Ultra aims to deliver a console-grade gaming experience that fits in the palm of your hand. By integrating advanced features […]
A TOTAL of 50.1 million kilogrammes of tobacco worth US$176.6 million have been sold so far at both auction and contract floors
A new listing for a sun-drenched property in Malibu has all the luxurious stylings you’d expect from this wealthy, cliffside stretch of California coastline. The high-ceilinged, four-bedroom home features exposed wooden beams and white oak floors throughout, and the bright, open kitchen centers around a character-filled Moroccan zellige-tiled kitchen island. The backyard has been redone to exacting minimalist desert chic detail, complete with native plants, and replete with an outdoor shower for...
Founded by Dubliner Gareth Sheridan, Nutriband listed on Nasdaq in October 2021. Now, its flagship opioid patch product is a step closer to getting FDA approval. : Nutriband raises millions for drug abuse deterrent product