Silicon Valley Journals Meta, formerly known as Facebook, recently made waves in the tech industry with the announcement of their ambitious plans to build the Metaverse. As part of this vision, Meta unveiled Thread, a new hardware device aimed at bringing us one step closer to a fully immersive and interconnected digital world. In this article, we will … Read more
Ten Thousand, a New York-based men’s athletic business, has announced a $21.5 million Series A round of funding as well as a relationship with Life Time, North America’s finest Athletic Country Clubs and omni-channel Healthy Way of Life business. Ten Thousand’s cult following, differentiated positioning, and rapid growth put it on track to become the … Read more
Ryan’s acquisition of Indigo is the latest in a string of recent strategic acquisitions in the UK. Catax, situated in Manchester, UK, was bought by Ryan in March 2022.
Ubiquity, a digital infrastructure investor based in Charlotte, NC, has acquired EdgePresence, a firm that specializes in the build-to-suit edge data center industry, supplying localized and scalable network compute solutions. The value of the transaction was not disclosed. Ubiquity’s offerings will be expanded as a result of the acquisition. Edge Data Centers (EDCs) from EdgePresence … Read more
Prologis, the world’s largest industrial property company, has acquired nearly 14 million square feet of industrial properties from Blackstone, one of the world’s largest investment management companies, in a $3.1 billion deal. Despite a cooling industrial market, Prologis sees value in the acquisition, expanding its presence in key markets such as Atlanta, Baltimore, Washington, D.C., … Read more
Bluedot, a single payment platform in the electric vehicle (EV) ecosystem, has successfully raised $5 million in funding to enhance its app and card for EV drivers and charging management for fleets. The funding round attracted investments from industry leaders including Y Combinator, Leap Forward, Samsara Ventures, Operator Stack, LACI Impact Fund, Ford Driventure, ScaleX, … Read more
Heading Health, an insurance-based mental healthcare provider specializing in the treatment of depression and trauma, has secured $4.5 million in a Series A extension funding round. The investment is led by Gron Ventures and Jam Fund, with participation from the One Mind Accelerator, Thiel Capital, Mystic Ventures, Gaingels, and Antifund. The funding will enable Heading … Read more
Niantic, the developer behind Pokémon Go, has made the decision to lay off 230 employees and close its Los Angeles studio. This move comes as Niantic shifts away from in-house game development and focuses on other aspects of its business. As a result, the upcoming game Marvel: World of Heroes has been canceled, and the … Read more
Inflection AI, a year-old artificial intelligence startup behind the chatbot Pi, has raised $1.3 billion in new funding, less than two months after the launch of its flagship product. The investment round was led by Microsoft, Nvidia, and influential tech billionaires including Reid Hoffman, Bill Gates, and Eric Schmidt. Nvidia was the sole new investor … Read more
AI video startup Runway AI Inc. has secured $141 million in funding from investors including Google, Nvidia, and Salesforce. The funding round is an extension of a $50 million Series C financing round led by Felicis Ventures in December. With this new investment, Runway has raised a total of approximately $237 million. The latest funding … Read more