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...
As The Witcher Season 4 officially start production, Netflix has confirmed that the fantasy series will come to an end with Season 5.The news came with a first-look...
The record-breaking sum that the Trump campaign reported raising far surpassed the amount brought in by a
Liam Hemsworth, who took over for Henry Cavill after he left 'The Witcher,' will play Geralt of Rivia in the Netflix show's last two seasons. Ahead of its season 4 premiere, the fantasy series was renewed for a fifth and final season on April 18.
Financial services software firm Aurionpro Solutions on Friday said it will acquire banking and insurance focused startup Arya.ai for $16.5 million (about Rs 138 crore).Under the all-cash deal, NSE-listed Aurionpro Solutions is set to acquire 67% stake in the Mumbai-based company. Platform-as-a-service Arya.ai, founded in 2013 by IIT Bombay graduates Vinay Kumar and Deekshith Marla, had raised about $2 million from investors such as YourNest, DMI Sparkle Fund and Venture Nursery. Most of these...
The $2.5 million will go towards reducing the amount of radiation and providing real-time imaging in one of Regina's catheterization labs.
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...
Artificial intelligence startup Symbolica, which develops foundation models to compete with ChatGPT creator OpenAI, announced a $31 million series A funding round led by Khosla Ventures on Tuesday. General Catalyst, Abstract Ventures and Buckley Ventures also participated in the round, the company said. Symbolica has created a framework that will enable it to develop alternatives to the transformer deep learning architecture, said Symbolica CEO George Morgan, who formerly worked at Tesla on...
The village of Lakewood‘s proposed $5.3 million budget for 2024-2025 raises the tax rate by 12-cents. Expenditures in the proposed budget are up $612,611 from the current year’s budget. Health costs saw the biggest increase of $322,471 compared with $164,776 in this year’s budget. Transportation costs also rose by over $129,000. Total revenues are estimated […]
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...
HBO comedy 'Curb Your Enthusiasm' wrapped on Sunday, April 7, with a star-studded finale that saw Larry David standing trial in Georgia and plenty of guests returning to bid the series a final farewell.