Silicon Valley Journals The Timken Company, a global leader in engineered bearings and industrial motion products, has completed the acquisition of Des-Case Corp., a manufacturer of specialty filtration products for industrial lubricants based in Nashville, Tennessee. The transaction is part of Timken’s strategy to expand its industrial motion product portfolio and enhance its offerings. Des-Case, founded in 1983, … Read more
Accenture, a global professional services company, has acquired Nautilus Consulting, a prominent digital healthcare consultancy based in the United Kingdom, specializing in Electronic Patient Record (EPR) solutions. This acquisition will bolster Accenture’s digital transformation, implementation, and optimization capabilities within the healthcare sector in the U.K. and globally. The terms of the transaction were not disclosed. … Read more
ThetaRay, a leader in AI-powered secure global payments, has successfully raised $57 million in a growth round led by Portage. Existing investors, including JVP and OurCrowd, also participated in the round. This funding will enable ThetaRay to accelerate its global growth plans and meet the growing demand for next-generation financial crime detection technology among banks … Read more
Star Therapeutics, a biotechnology company dedicated to exploring novel biology to develop transformative therapies, has successfully closed an oversubscribed $90 million Series C financing round. This funding will support the clinical progression of VGA039, a groundbreaking antibody currently undergoing Phase 1a/1b evaluation for von Willebrand disease. VGA039 is being developed by Vega Therapeutics, a Star … Read more
Facets.cloud, a self-serve infrastructure management platform, has successfully raised $4 million in a seed funding round led by 3one4 Capital. This innovative platform is designed to enhance developer productivity by simplifying and productizing cloud deployment workflows. Founded in 2021 by Anshul Sao, Pravanjan Choudhury, and Rohit Raveendran, all alumni of IIT-KGP, Facets.cloud addresses the challenges … Read more
Butternut Box, a UK-based fresh dog food company known for its innovative approach to pet food, has secured £280 million ($353.7m) in its latest fundraising round. The round was led by new investor General Atlantic, a global growth equity firm, and included participation from existing investor L Catterton, a consumer-focused investment firm. This funding will … Read more
Rent Butter, a next-generation tenant screening solution tailored specifically for workforce and affordable housing, has successfully concluded its seed financing round, securing $3 million in investments. The round was led by RET Ventures, an industry-backed venture fund specializing in single and multi-family real estate technology. This investment came from the RET Ventures ESG Fund, known … Read more
Jude, a London-based startup focused on bladder health, has successfully secured $4.24 million (£3.36 million) in a seed financing round, with plans to expand its operations to the United States. According to Jude, approximately 2.3 billion people worldwide suffer from some form of bladder-related issue, with incontinence impacting more individuals than menopause, erectile dysfunction, and … Read more
Expedia Group, based in Seattle, has informed an unspecified number of employees within its technology organization that their positions will be eliminated. This move is part of Expedia Group’s ongoing efforts to restructure its workforce and align its operations for future growth. The impacted employees belong to Expedia Group’s Traveler Products team, a component of … Read more
Tradeweb Markets, a prominent global operator of electronic marketplaces spanning rates, credit, equities, and money markets, has successfully finalized its acquisition of Yieldbroker. Yieldbroker, an Australian-based trading platform, specializes in Australian and New Zealand government bonds and interest rate derivatives for institutional and wholesale clients. The acquisition, an all-cash transaction valued at $80 million (AUD125m), … Read more