Silicon Valley Journals 
mPATH® Health, a digital health company focused on improving cancer prevention, has secured $3 million in funding to accelerate its mission of enhancing cancer screening and improving health equity. The funding includes a $2 million Small Business Technology Grant from the National Cancer Institute (NCI) and a $1 million equity investment led by Oncology Ventures. … Read more
AvenCell Therapeutics, Inc., a clinical-stage cell therapy company specializing in innovative CAR-T cell therapies, has announced the successful completion of a $112 million Series B financing round. The funding was led by Novo Holdings, with additional participation from new investors including F-Prime Capital, Eight Roads Ventures Japan, Piper Heartland Healthcare Capital, and NYBC Ventures. Founding … Read more
MyFO, a fast-growing platform designed for family offices and wealth management professionals, has successfully closed an oversubscribed $3.5 million Seed funding round, led by Rhino Ventures. The platform aims to simplify financial management by consolidating data, documents, and stakeholder coordination into a single, secure platform. The funds will be used to scale operations, improve product … Read more
Pip Care, a health tech company focused on improving the surgical journey for patients and care teams, has announced the successful close of its Series A funding round, raising $5 million in equity. The round was led by A1 Health Ventures with continued support from UPMC Enterprises. This milestone follows the company’s recent $2.2 million … Read more
HEN Nozzles, a leader in firefighting innovation, has raised $8 million in seed funding to accelerate the development of its fluidics technology, which is designed to extinguish fires 300% faster while using 67% less water. This funding comes at a critical time as wildfires and structure fires become more frequent and intense globally, while firefighting … Read more
Intel has laid off more than 2,000 employees across the U.S., with 1,300 workers from its Hillsboro, Oregon office among those affected. The layoffs are part of Intel’s broader strategy to cut 15 percent of its global workforce, following a disappointing second quarter. The Oregon site, which plays a key role in research and development … Read more
ABS-CBN Corp., led by the Lopez family, has laid off around 100 employees, or about 3 percent of its workforce, as the media giant continues to face financial challenges due to declining advertising revenues. The layoffs were confirmed in a statement on Wednesday, with the company expressing gratitude to the affected employees for their years … Read more
Riot Games, the studio behind League of Legends, has announced another round of layoffs, despite also promising future growth for the League team. In a post on X, co-founder Marc Merrill shared that the company is restructuring to enhance the League experience, leading to the elimination of several roles. Merrill emphasized that the layoffs, which … Read more
Fashion retailer Love, Bonito has laid off approximately 6.9% of its global workforce, impacting 29 corporate roles. The company confirmed that 14 of these positions were in Singapore. In a statement responding to CNA’s query on Thursday (Oct 17), CEO Dione Song said that affected employees will receive a severance package in line with local … Read more
Meta, the parent company of Facebook, has initiated another round of layoffs, affecting employees across several key teams, including Instagram, WhatsApp, and Reality Labs. This move comes as part of the company’s ongoing efforts to reallocate resources and align with its long-term strategic goals. Meta confirmed the job cuts to Euronews Next, stating that some … Read more