Silicon Valley Journals 
Norwegian tech company Sonair has reached a significant milestone, raising a total of $6.8 million in funding, including $1.6 million from a recent round led by Skyfall Ventures. The company is set to launch its global early access program for its breakthrough 3D ultrasonic sensor technology, known as ADAR (Acoustic Detection and Ranging), which is … Read more
ProductLife Group (PLG), a global leader in regulatory, scientific, compliance, and digital transformation consulting services for the life sciences sector, has announced its acquisition of IntiQuan AG, a Swiss firm specializing in pharmacometric services for biopharmaceutical companies. This strategic acquisition further strengthens PLG’s offerings in drug development by adding advanced pharmacometric capabilities to its portfolio. … Read more
Ameba, a London-based AI startup specializing in supply chain insights, has secured $7.1 million (£5.3 million) in a seed funding round aimed at revolutionizing supply chain operations. Founded in 2023, the startup has developed an AI-driven platform designed to automate the extraction of data from various supply chain points, providing businesses with valuable insights into … Read more
Frasers Group, owned by billionaire Mike Ashley, has announced its involvement in a new £40 million investment fund aimed at supporting early-stage startups in the AI and data sectors. The venture, led by London and Belfast-based VC firm Iona Star, has successfully raised £22 million in the fund’s first close. The fund will primarily focus … Read more
Ambow Education Holding Ltd., a leader in AI-driven educational technology, has signed a $1.3 million annually renewable licensing agreement with Inspiring Futures Pte. LTD. This deal authorizes the production and international sales of Ambow’s HybriU AI UniBox and HybriU platform, a plug-and-play solution designed to enhance education with AI integration. Dr. Jin Huang, President and … Read more
HTC has announced a significant restructuring plan that will see 15% of its global workforce laid off. The decision comes as the Taiwanese tech company grapples with declining sales and aims to reduce its operating expenses by 35%. As part of the restructuring, HTC plans to create new business units that will focus on growing … Read more
CVS Health has announced plans to lay off nearly 3,000 employees in 2024, representing about 1% of its overall workforce. These layoffs primarily target corporate positions and are part of a larger $2 billion cost-saving initiative. The decision comes amid significant industry challenges, including increased regulatory pressures and evolving consumer preferences, which have prompted CVS … Read more
Dyson, the British tech company renowned for its household appliances, has laid off several employees at its Singapore global headquarters on October 1. The layoffs were unexpected, leaving many staff members in shock, particularly after the company had previously assured its Singapore workforce that they would not be affected by a restructuring in the UK. … Read more
3Laws, a pioneering company specializing in dynamic safety solutions for autonomous systems, has raised $4.1 million in seed funding. The funding round was led by TenOneTen, with participation from the Amazon Industrial Innovation Fund. All previous investors also reinvested, reflecting their confidence in the company’s advancements. Dr. Andrew Singletary, 3Laws’ Co-Founder and CEO, expressed excitement … Read more
Paren, a software platform dedicated to enhancing electric vehicle (EV) mobility through unified data insights, announced the successful close of its $3 million seed funding round. The round was led by Base10 Partners, with participation from Founders Network Fund and Luc Vincent, founder of Google Street View and Lyft 5. The capital will help Paren … Read more