Silicon Valley Journals 
StandardAero, a leading provider of aerospace engine aftermarket services, has filed for an initial public offering (IPO). The company aims to list its shares on the New York Stock Exchange under the ticker symbol “SARO.” However, StandardAero has not yet disclosed the expected size of the IPO or the anticipated share price. StandardAero positions itself … Read more
Conservative media company Newsmax has officially filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) slated for late 2024 or early 2025. The company is aiming to raise $75 million under Regulation A+, marking what it describes as the “largest offering of its kind to date on a national securities … Read more
Can a global solution for an overheated labor market or decreasing company productivity emerge from Central Europe? Yes, it can – as proven by the Czech-Slovak HR startup Sloneek. It enables managers and HR professionals in both small and large companies to see their teams through data, foster talent development, and manage employee efficiency and … Read more
Polly, a leader in mortgage capital markets technology and the developer of the first cloud-native, scalable product and pricing engine (PPE) for the industry, announced it has raised $25 million in new growth equity funding. The investment was led by 8VC, with participation from existing investors including Menlo Ventures, Meritech, Khosla Ventures, and Fifth Wall. … Read more
Ukraine-founded startup PLATMA, an AI-powered no-code platform, has secured $2 million in a pre-seed funding round, pushing its valuation to $20 million. The platform allows users without coding skills to design and implement complex business processes simply by describing them in natural language. By leveraging advanced natural language processing (NLP) algorithms and artificial intelligence, PLATMA … Read more
Protege has raised $10 million in a seed funding round and unveiled its AI training data platform, aimed at addressing one of AI development’s key challenges—access to the right training data. The funding round was led by CRV, with participation from investors including SV Angel, Liquid 2 Ventures, Bloomberg Beta, Flex Capital, Adam D’Angelo, and … Read more
Big Lots, the popular discount retailer, has filed for Chapter 11 bankruptcy protection in Delaware, citing financial pressures exacerbated by changing economic conditions. The company reported liabilities and assets in the range of $1 billion to $10 billion, according to court filings. To support its operations during the bankruptcy process, Big Lots has secured $707.5 … Read more
Edgio, a media content and cybersecurity solutions provider, has voluntarily filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. The company aims to complete one or more sale transactions, allowing its business to continue operating under new ownership. Edgio’s primary lender, Lynrock Lake Master Fund, is supporting the sale … Read more
Fulcrum BioEnergy has filed for Chapter 11 bankruptcy protection in a Delaware court, citing significant financial challenges. The filing includes protections for both the parent company and Fulcrum Sierra Biofuels, the Nevada-based plant that was forced to cease operations earlier this year. The company faces numerous lawsuits from contractors who claim Fulcrum failed to pay … Read more
WPP has acquired New Commercial Arts (NCA), a fast-growing independent creative and customer experience agency, to bolster Ogilvy’s UK operations. NCA will join Ogilvy’s global network, further driving momentum in the UK market. Founded in 2020 by industry veterans James Murphy and David Golding, NCA rapidly became one of the leading agencies in the UK. … Read more