Tilray Lays Off 10 Barrel Brewing’s Entire Innovation Team Amidst Strategic Restructuring

Tilray Lays Off 10 Barrel Brewing’s Entire Innovation Team Amidst Strategic Restructuring

Just over a year after the high-profile acquisition of 10 Barrel Brewing by Tilray, the company is facing a significant shake-up. Last week, Tilray, a leading cannabis and beverage conglomerate, announced the layoff of 10 Barrel Brewing’s entire innovation brewing team. This decision impacts multiple roles, including brewing, cellar, and sales positions. The move comes … Read more

Fremantle Lays Off All Staff at Euston Films and Undeniable, Future of Labels Uncertain

Fremantle Lays Off All Staff at Euston Films and Undeniable, Future of Labels Uncertain

Fremantle, the global production company, has laid off all staff at Euston Films, the producer behind shows like “Wreck” and the upcoming “Nightsleeper,” as well as the recently launched documentary label, Undeniable. The future of both labels remains unclear, with neither yet officially shuttered despite having no staff, according to insider sources. Euston Films, originally … Read more

Ingo Payments Acquires Deposits Inc. to Revolutionize Money Mobility for Banks and Corporates

Ingo Payments Acquires Deposits Inc. to Revolutionize Money Mobility for Banks and Corporates

Ingo Payments, a leader in money mobility solutions, has announced the acquisition of Deposits Inc., a cloud-based banking platform, in a move that aims to redefine how banks and corporates manage financial transactions. This acquisition enhances Ingo Payments’ platform by integrating Deposits’ innovative “money stack” technology, enabling seamless and secure management of both inbound and … Read more

Kiteworks Expands Data Collection Capabilities with Acquisition of 123FormBuilder

Kiteworks Expands Data Collection Capabilities with Acquisition of 123FormBuilder

Kiteworks, a company specializing in data privacy and compliance for sensitive content communications through its Private Content Network (PCN), has acquired 123FormBuilder, a leading provider of secure web forms and form-driven private content workflows. The acquisition strengthens Kiteworks’ data collection capabilities, enhancing its mission to unify, track, control, and secure sensitive content moving within, into, … Read more

The Demex Group Secures $10.25 Million to Meet Growing Demand for Climate-related Reinsurance Solution

The Demex Group Secures .25 Million to Meet Growing Demand for Climate-related Reinsurance Solution

The Demex Group, a risk analytics and intelligence firm specializing in weather and climate-related reinsurance solutions, has raised $10.25 million in funding. The raise combines a Series A and a previously closed SAFE funding round, led by Congruent Ventures with participation from Moxxie Ventures, MetaProp, and existing investor Blue Bear Capital. Demex offers a groundbreaking … Read more

Skarper Raises £4.5M to Transform Regular Bicycles into E-Bikes

Skarper Raises £4.5M to Transform Regular Bicycles into E-Bikes

British start-up Skarper, supported by six-time Olympic cycling champion Sir Chris Hoy, has secured £4.5 million in fresh investment, increasing its total funding to £12.8 million. The latest funding round was led by investment portfolio firm Adjuvo, which drew on its extensive member network and angel investors. Existing investors, including Resilion Chairman Yaron Kottler, global … Read more

Root Signals raises $2.8M for GenAI auditing

Root Signals raises .8M for GenAI auditing

Root Signals, a startup with dual headquarters in Helsinki and Palo Alto, has raised $2.8 million in seed funding to further its development of enterprise tools for generative AI (GenAI) auditing. The round was led by Angular Ventures, with additional support from Business Finland. The funding will help accelerate the development of Root Signals’ platform, … Read more

ATLAS Space Operations Raised $15M to Expand Satellite Communication Services

ATLAS Space Operations Raised M to Expand Satellite Communication Services

ATLAS Space Operations, a leader in ground station services for satellite communications, has raised $15 million in a funding round led by NewSpace Capital. The new investment will support ATLAS in scaling operations to meet growing industry demands and accelerating its international expansion. ATLAS operates one of the largest global federated ground networks, offering Ground … Read more

Oyster Raises $59M Series D Funding Round

Oyster Raises M Series D Funding Round

Oyster®, a global platform for managing distributed teams, has raised $59 million in Series D funding, led by Silver Lake Waterman with backing from existing investors, including Emergence Capital and Stripes. The new funds will enhance Oyster’s platform capabilities, improve customer compliance, and expand its reach to help companies attract and retain top talent. Currently, … Read more

Adtech Startup Magfi Raises $1.1M Seed Funding Round

Magfi

Magfi, a pioneering SaaS platform that facilitates simultaneous advertising across Telegram and Discord communities using machine learning and AI technologies, has secured $1.1 million in Seed funding. The round was led by Eleven Ventures, a Bulgarian-based fund known for its investments in unicorns like Payhawk. Svetozar Georgiev from Eleven Ventures will join Magfi’s board, bringing … Read more