Silicon Valley Journals 
Tapestry has successfully acquired Capri Holdings for a total value of $8.5 billion. This strategic deal unites a remarkable array of iconic brands, including Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo, and Michael Kors, all housed under the same umbrella. Shareholders of Capri Holdings will receive $57 per share in cash, solidifying the creation … Read more
Austin-based real estate development firm StoryBuilt is grappling with significant financial difficulties, resulting in the layoff of 137 employees and the appointment of an independent trustee to address its financial crisis. The recent layoffs follow a series of leadership changes and an earlier decision to furlough a substantial portion of its workforce. Once boasting a … Read more
Galera Therapeutics, a biotechnology company, has undertaken a significant restructuring effort after the U.S. Food and Drug Administration (FDA) rejected its avasopasem manganese treatment for radiotherapy-induced severe oral mucositis in patients with head and neck cancer. The rejection led to an 83% drop in Galera’s shares in after-hours trading. The FDA’s Complete Response Letter cited … Read more
Flueid will use this funding to continued advancement by fostering additional integrations, refining the purchase solution, and introducing offerings tailored for default and capital markets.
With this significant funding injection, Alltrna is poised to transform the landscape of genetic medicine.
Symmetry Systems, a cutting-edge AI-powered data-centric security company, has successfully concluded an inside funding round, raising $17.7 million. The round included participation from repeat investors ForgePoint Capital and Prefix Capital, as well as new participants W11 Capital Management and TSG (The Syndicate Group), a strategic investor with a focus on channel partnerships. Symmetry Systems is … Read more
Matter, a groundbreaking microplastic technology and innovation company, has successfully secured $10 million in a Series A funding round. The company’s mission is to develop and implement cutting-edge solutions for capturing, harvesting, and recycling microplastics, with the goal of combatting the pervasive issue of microplastic pollution. The funding round was led by S2G Ventures, the … Read more
Kivera, a cloud security company announced it has raised $3.5M in seed funding led by General Advance, Round 13 Capital and several angel investors including Srinath Kuruvadi, Managing Director and Head of Cloud Security, JP Morgan & Chase; Ely Kahn, VP Product for Cloud Security and AI/ML at SentinelOne; Dimitri Sirota, Founder and CEO of BigID; and other … Read more
Weights & Biases, a prominent end-to-end MLOps (Machine Learning Operations) platform, has successfully closed a strategic investment round of $50 million, valuing the company at $1.25 billion. The funding round was led by Daniel Gross and Nat Friedman, with participation from Sapphire Ventures, as well as existing investors including Coatue, Insight Partners, Felicis, BOND, and … Read more
The investment will enable the company to further develop and commercialize its groundbreaking radiative cooling technology.