Silicon Valley Journals 
Elate, a cloud-based strategic planning software company, today announced a $4.9 million Series A funding round led by enterprise startup investor WestWave Capital. Elate, co-founded by Chief Executive Officer Brooks Busch and Chief Operating Officer Abby Parker, and adored by world-class Strategy and Operations Leaders at companies such as Seismic, Buildertrend, and Thornburg, enables companies … Read more
Diamond Sports Group is preparing to file for bankruptcy as its 30-day grace period to resolve its debt is set to expire, according to an Axios report. The company has been working with its creditors and stakeholders on a restructuring plan that includes a debt-to-equity swap, but it has to file for bankruptcy by Friday … Read more
Ambrx, a clinical stage biopharmaceutical company, has announced that it has raised $78 million through its at-the-market (ATM) program. The program, which had an aggregate offering price of up to $80 million in gross proceeds, was established on August 5, 2022, through Cowen and Company LLC, acting as sales agent. The company sold an aggregate … Read more
Shennon Biotechnologies, a biotech company, recently announced the close of an oversubscribed seed financing round of $13M. The round was led by DCVC, with participation from Foundation Capital, AV8, and angel investors. The funds raised will be used to expand the capabilities of the company’s proprietary single-cell functional screening platform and accelerate the discovery of … Read more
KPM Analytics, a portfolio company of Union Park Capital, announced today the acquisition of Smart Vision Works, a specialized artificial intelligence (AI) technology company that provides computer vision systems for the agriculture and food industries. Smart Vision Works has over a decade of industry experience and has proven that its proprietary machine-learning algorithms can overcome … Read more
According to recent reports, Microsoft Germany’s CTO, Andreas Braun, has announced that OpenAI’s much-anticipated new AI language model, GPT-4, could be released next week. This follows Microsoft’s significant investments in OpenAI since 2019, and the success of ChatGPT, an AI-powered chatbot that has gained popularity in recent months. Rumors about GPT-4’s capabilities have been circulating … Read more
evolv Consulting, a firm that specializes in providing innovative technology solutions and fresh perspectives to traditional and emerging business challenges, has announced the opening of a new office in Houston, TX. The move is aimed at expanding the company’s reach in the Southeast Texas marketplace and providing better services to clients in the region. This … Read more
IPO Highlights: Atlas Energy Solutions Inc. IPO price is approximately $292.9 or $338.4 million. Atlas Energy Solutions Inc. IPO date is March 9, 2023. Atlas Energy Solutions Inc. symbol is “AESI”. Atlas Energy Solutions Inc. stock price is $18.00/share. Atlas Energy Solutions Inc. announced the pricing of its initial public offering of 18,000,000 shares of … Read more
Moderna‘s announcement of its plan to hire around 2,000 employees globally by the end of 2023 and set up new offices on the U.S. West Coast indicates its strong commitment to scale up the development of new products. The biotech company, which became a household name with its COVID-19 vaccine, aims to use its mRNA … Read more
Gopuff, the rapid-delivery startup based in Philadelphia, has announced the layoff of over 100 employees in its operations department, which accounts for about 2% of its global workforce. The job cuts come as part of the company’s effort to reduce costs and return to profitability after years of expansion, according to co-founder Rafael Ilishayev. This … Read more