Silicon Valley Journals Greycroft, a seed-to-growth venture capital firm that invests in entrepreneurs who create category-defining businesses, announced today the closing of more than $1 billion in funding commitments across new funds. Greycroft Partners VII and Greycroft Growth IV, the firm’s two flagship vehicles, closed on nearly $980 million, allowing the firm to continue investing in early and … Read more
AirOps, a firm that helps businesses develop powerful, easy-to-use AI-powered apps, announced a seed fundraising round of $7 million led by Wing VC, with participation from Founder Collective, XFund, Village Global, Apollo Projects, and Lachy Groom. The funds will be used to expand its product suite, support new hires, and expand its customer base. Businesses … Read more
Energy Dome, the company behind the breakthrough long-term energy storage solution CO2 BatteryTM, announced today that it has completed a Series-B financing round for 40 million euros (about 44 million dollars). The financing round was overseen by Eni Next, Eni’s Corporate Venture Capital arm. Eni Next invests in high-growth start-ups to accelerate the energy transition … Read more
Runnings, a Minnesota-based retailer, recently agreed to buy R.P. Home & Harvest, a family-owned business with 22 shops and one distribution center in Illinois, Indiana, Ohio, and Wisconsin. Runnings’ footprint will grow to 80 sites, servicing consumers in 12 states from New York to Montana, following the closing of this transaction. From the customers and … Read more
has announced the signing of a purchase agreement to acquire the Sullivan’s Foods grocery shops (along with numerous other retail business units) in northern and central Illinois, marking the company’s first foray into that state. The Sullivan family owns and operates the stores, which are known as Sullivan’s Foods. The Sullivan family has run their … Read more
Graybar, a leading distributor of electrical, communications, and data networking products as well as a provider of related supply chain management and logistics services, announced today the acquisition of Valin Corporation, a leading distributor of automation, filtration, fluid handling, heating, and process control products and systems. The transaction is expected to conclude on May 1, … Read more
Bed Bath & Beyond Inc.‘s liquidation strategy may reduce one source of U.S. retail profits in the short run as the market floods with liquidated home and baby products, but it leaves competitors with a long-term prize of about $5 billion in annual income. Target Corp. is likely to benefit once the deep discounts from … Read more
Anthemis Group revealed to TechCrunch that it completed restructuring early this year, which resulted in the layoff of 16 individuals, or around 28% of its workforce. Anthemis, located in London, said the move was made in order “to better reflect current market conditions and to set up the business for future growth” in line with … Read more
Raptor Technologies , the market leader in school safety software, announced today the acquisition of SchoolPass, Inc. (SchoolPass), a rapidly growing supplier of cloud-based attendance, dismissal, visitor management, and emergency management software for K-12 schools. The transaction’s financial specifics were not disclosed. Thoma Bravo and JMI Equity are investors in Raptor.SchoolPass is a market leader … Read more
Chuze Fitness, a family-owned health club brand with 44 existing sites across the western United States whose aim is to develop healthier communities through personal connections and kindness, announced today the acquisition of Bailey’s Health & Fitness in Jacksonville. Bailey’s has been a community mainstay for over 40 years, with 16 locations. With the closure … Read more