The company will use the funds to accelerate the commercialization of its sustainable thermoplastic elastomers, high-performance materials derived from recycled end-of-life tires KIRKLAND, Wash., Nov. 19, 2024 /PRNewswire/ — Prism Worldwide, a leader in innovative material solutions that is dedicated to advancing end-of-life tire recycling technology, today announced it has raised $40 million in Series… Continue reading Prism Worldwide Raises $40 Million in Series A and A1 Funding Co-Led by Columbia Pacific Advisors and former Costco CEO Jim Sinegal
Tag: M and A
Accel replicates Swiggy playbook, backs newbie SwishAn early backer of Swiggy, Accel is tapping the growing demand for quick food delivery.
After logging nearly 35X from the initial public offering of food delivery firm Swiggy this month, Accel seems to be replicating its strategy by betting early on Swish, a rapid food delivery platform, amid rising demand for ultra-fast food delivery in India. An early backer of Swiggy, Accel led Swish’s $2-million seed funding round to… Continue reading Accel replicates Swiggy playbook, backs newbie SwishAn early backer of Swiggy, Accel is tapping the growing demand for quick food delivery.
Temasek’s 65 Equity Partners buys secondaries in Tencent-backed TuyaThe deal will provide a partial exit for US-based VC firm New Enterprise Associate…
Singapore’s 65 Equity Partners is purchasing around 13% secondhand stake in Tuya, a Chinese software company that’s worth around $969 million, from an existing shareholder. The deal, which was reported to be worth $100 million by The Straits Times, will provide a partial exit for New Enterprise Associates, a US venture capital firm which has… Continue reading Temasek’s 65 Equity Partners buys secondaries in Tencent-backed TuyaThe deal will provide a partial exit for US-based VC firm New Enterprise Associate…
Indian news agency ANI sues OpenAI for using its content in AI trainingOpenAI has also faced lawsuits in the US by the New York Times and the Chicago …
Indian news agency ANI has sued OpenAI in a New Delhi court, accusing the ChatGPT creator of using its published content without permission to help train the artificial intelligence chatbot to provide information to users. ANI is the latest news organisation globally to take OpenAI to court following lawsuits in the U.S. by newspapers including… Continue reading Indian news agency ANI sues OpenAI for using its content in AI trainingOpenAI has also faced lawsuits in the US by the New York Times and the Chicago …
@FCA: Stewart, Hagan Advance to Semifinals at NHRA Finals in TSR Direct Connection Dodge//SRT Nitro Machines
November 18, 2024 , Auburn Hills, Mich. – Racing legend Tony Stewart had a memorable day Sunday with the birth of his first child and advanced to the semifinals in his Tony Stewart Racing (TSR) Direct Connection Dodge//SRT Top Fuel dragster at the In-N-Out NHRA Finals in Pomona, Calif., while his TSR Direct Connection Dodge//SRT teammate… Continue reading @FCA: Stewart, Hagan Advance to Semifinals at NHRA Finals in TSR Direct Connection Dodge//SRT Nitro Machines
Corteva Agriscience Announces $3 Billion Share Repurchase Program
Reflects Company’s Focus on Disciplined Capital Deployment INDIANAPOLIS, Nov. 19, 2024 /PRNewswire/ — Corteva, Inc. (NYSE: CTVA) today announced that its Board of Directors authorized a new $3 billion share repurchase program. The authorization is immediately effective, does not expire, and gives management discretion in determining the conditions under which shares may be purchased. This… Continue reading Corteva Agriscience Announces $3 Billion Share Repurchase Program
Revelation Pharma Congratulates David Rochefort on His Successful Election to the New Hampshire State Senate
The Director of Government Affairs will strive to improve patient access to medications in the face of serious drug shortages ATLANTA, Nov. 19, 2024 /PRNewswire/ — Revelation Pharma, a national network of 503A and 503B compounding pharmacies, is proud to announce that Government Affairs Director David Rochefort, RPh, has been elected as the New Hampshire… Continue reading Revelation Pharma Congratulates David Rochefort on His Successful Election to the New Hampshire State Senate
Great Rock Capital Provides a $50 Million Credit Facility to Basic Fun!
Working Capital to Support Increased Demand and Growth WESTPORT, Conn., Nov. 19, 2024 /PRNewswire/ — Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that they have provided a $50 million exit financing to Basic Fun!, an industry leader in the design, development, and marketing of branded toys and… Continue reading Great Rock Capital Provides a $50 Million Credit Facility to Basic Fun!
PG Electroplast shares soar 15% on EV and battery assembly venture
Spiro, meanwhile, will be responsible for the research and development, marketing, sale, and distribution of the EV products manufactured by PG Technoplast. Shares of PG Electroplast today rallied 15% to their new 52-week high of Rs 718.35 on the BSE after the company’s wholly-owned subsidiary PG Technoplast has signed an agreement with Spiro Mobility for… Continue reading PG Electroplast shares soar 15% on EV and battery assembly venture
VECV hosts Swedish ambassador at Pithampur facility, showcases India-Sweden collaboration
VE Commercial Vehicles Limited (VECV), a joint venture between the Volvo Group and Eicher Motors, hosted H.E. Jan Thesleff, Ambassador of Sweden to India, at its manufacturing facilities in Pithampur. The visit marked the 17th anniversary of the VECV partnership. Accompanying the Ambassador were Markus Lundgren, Counsellor and Head of Trade Section, Embassy of Sweden,… Continue reading VECV hosts Swedish ambassador at Pithampur facility, showcases India-Sweden collaboration