SpaceX Raised $750 Million In Its Latest Round Of Funding
SpaceX closed a funding round in December, raising $750 million.
In mid-2022, SpaceX raised $250 million.
Silicon Valley Journals
OpenAI Closed $30M Angel Round of Funding
OpenAI, an AI research and deployment company today announced that it has raised an Angel round of investment at $30 million- according to Crunchbase. This funding brings OpenAI’s total funding to $1B. OpenAI is an AI research and deployment company focused on ensuring that general-purpose artificial intelligence benefits humanity as a whole. AI is a … Read more
Window Select filing Chapter 11 bankruptcy
A Menomonee Falls window installer who has hundreds of dissatisfied customers has filed for Chapter 11 bankruptcy. Window Select confirmed with Contact 6 that company intends to file for bankruptcy in late January. Officials claim that Chapter 11 will allow them to reorganize while continuing to fulfill the majority, if not all, of their contracts. … Read more
BIOHM Raises $7.5 Million from VTC Ventures
BIOHM, a premier microbiome company directed by Dr. Mahmoud Ghannoum’s cutting-edge technology, announced a $7.5 million equity fundraising. Middleland Capital’s VTC Ventures led the round, with participation from Felton Group, LLC, Jobs Ohio Growth Capital Fund, Aztec Capital Management LLC, Cleveland Life Science Advisors, Valley Growth Ventures, LLC, Jump Start, Inc., and other investors. The … Read more
HouseWorks Receives Strategic Investment from InTandem Capital Partners
InTandem Capital Partners, LLC , a private equity firm focused on healthcare services, announced today that it has closed a strategic equity investment in HouseWorks , one of the nation’s biggest independent home care firms. The transaction’s financial specifics were not disclosed. HouseWorks, situated in Woburn, Massachusetts, was founded in 1999 with the goal of … Read more
Central National Gottesman Acquires S.P. Richards (SPR)
Central National Gottesman Inc., a $9 billion global sales, marketing, and distribution leader in the pulp, paper, tissue, packaging, wood products, and metals industries, announced today the signing of a definitive purchase agreement to acquire S.P. Richards (SPR), an Atlanta-based independent business products wholesaler. The closing date is scheduled for January 31, 2023. SPR supports … Read more
Esper cuts 21% of its staff in second round
Esper, a device management firm based in Bellevue, has laid off staff for the second time since June. Esper revealed to the Business Journal on Tuesday that it had laid off 21% of its workforce. Esper fired off 12% of its workforce in June, prompting the fresh wave of layoffs. Esper, a device management firm … Read more
Flexport Lays Off 20% of Workforce
In a statement to staff, Flexport Co-CEOs Dave Clark and Ryan Petersen stated that the company is not immune to the macroeconomic slump and that it must make difficult decisions to prepare for long-term success. According to the memo, Flexport is in the midst of increasing its software engineering skills and making operational adjustments to … Read more
Specialized lays off 8% of its staff
Approximately 125 Specialized employees were put off today, effective immediately, as the American bike company reduced its global workforce by 8%, citing economic and industry challenges. Outside, Zwift, Wahoo, Strava, Rad Power Bikes, and Pearl Izumi have all’restructured’ in reaction to economic shifts or expansion strategies during the last year. This current round of layoffs … Read more
Blockchain.com Lays Off 28% of Workforce
Blockchain.com, a cryptocurrency brokerage, announced the layoff of 28% of its personnel, or approximately 110 employees, adding to a horrible week of bloodletting in the devastated cryptocurrency business. The layoffs announced on Thursday come after Blockchain.com was forced to lay off roughly 150 employees in July due to a $270 million loss on loans made … Read more