Silicon Valley Journals 
Scottish venture capital firm Par Equity has achieved a significant milestone with the first close of its £100 million northern startup fund. The firm successfully closed £67 million and aims to reach the £100 million target sometime in the next year. Par Equity’s latest fund is specifically designed to bridge the funding gap for technology … Read more
The announcement came after Microsoft cleared a final regulatory hurdle to the deal from Britain’s competition watchdog.
Qualcomm, the renowned tech giant dominating the smartphone chip industry, is set to reduce its workforce significantly. The company plans to lay off 1,258 employees in California, with 194 workers in the Bay Area and 1,064 in San Diego affected by the job cuts. The layoffs, scheduled to commence around December 13, will impact various … Read more
Celero Commerce, Nashville-based non-bank payment processor has made a strategic move by acquiring Finical, a Dallas-based provider of electronic payments technology. This significant acquisition will bolster Celero’s capabilities, enabling it to process approximately $25 billion in annual card volume. The collaboration aims to provide superior payment solutions and customer support to small and medium-sized businesses … Read more
With this acquisition, Atlassian is poised to redefine the landscape of collaboration tools, offering users an enhanced and intuitive platform for communication and productivity.
Block, renowned for its innovative financial technologies and services, is now expanding its footprint in the music sector by integrating Hifi’s cutting-edge solutions.
Deepgram, San Francisco-based artificial intelligence startup known for its cutting-edge speech recognition software, has recently undergone a significant workforce reduction, laying off approximately 20% of its employees, amounting to around 20 staff members. This decision, which hasn’t been previously reported, underscores the challenges AI startups are grappling with in a rapidly evolving industry. Deepgram, established … Read more
Biogen has announced layoffs at Reata Pharmaceuticals’ Plano, Texas site, affecting 113 employees, just weeks after completing its $7.3 billion acquisition of the company in July 2023. The layoffs are set to take effect in late November and come as part of Biogen’s broader cost-reduction program, which aims to save $1 billion in operating expenses … Read more
400% YoY growth attracts new strategic investors J.P. Morgan, Databricks Ventures, Singtel Innov8, and DallasVC, with existing investors Insight Partners and SignalFire leading the round
Mojo Vision, the pioneering micro-LED company, has successfully closed its new Series A funding round, raising an impressive $43.5 million. The funding, led by long-time investors New Enterprise Associates (NEA) and Khosla Ventures, along with new investor Vanedge Capital, signals a significant milestone for Mojo Vision, enabling the advancement of its micro-LED display technology across … Read more