Silicon Valley Journals

Oxylus Energy Raises $4.5 Million Seed Round to Advance Clean Fuel Technology

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Oxylus Energy Raises .5 Million Seed Round to Advance Clean Fuel Technology

Oxylus Energy, a pioneering developer of carbon utilization technology, has successfully closed a $4.5 million Series Seed investment round. The funding was co-led by Toyota Ventures and Azolla Ventures, with additional participation from Earth Foundry and Connecticut Innovations. This investment will accelerate the development, testing, and deployment of Oxylus’ innovative technology for producing green methanol, … Read more

Palm raises $6.1million to transform enterprise treasury management 

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Palm raises .1million to transform enterprise treasury management 

Palm, a Sweden and Netherlands based financial technology company created to streamline cash management for enterprise treasury teams, announced today that it has raised $6.1million in seed funding. The investment round was led by Speedinvest and Target Global, with participation from Upfin, Liquid2, and Greens. Notable angel investors include Job van der Voort (Founder & CEO, Remote) and Philippe … Read more

Rocksteady reportedly lays off staff following Suicide Squad woes

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Rocksteady reportedly lays off staff following Suicide Squad woes

Rocksteady Studios, the developer behind the Batman: Arkham series, has reportedly undergone significant layoffs following the disappointing performance of Suicide Squad: Kill The Justice League. According to sources, multiple departments within the studio were affected, with the QA (Quality Assurance) team being hit the hardest—its numbers reportedly reduced from 33 to just 15 members. These … Read more

Dunzo Lays Off 75% of Workforce Amid Financial Struggles

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Dunzo Lays Off 75% of Workforce Amid Financial Struggles

Dunzo, the hyperlocal delivery platform, has announced significant layoffs, with 75% of its workforce being affected due to financial difficulties, including overdue payments to employees and vendors. According to reports, around 150 employees have been laid off as part of a cost-cutting measure, leaving the company with a core team of just 50 employees focused … Read more

Mosyle Expands Capabilities with Acquisition of Assetbots

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Mosyle Expands Capabilities with Acquisition of Assetbots

Mosyle, a prominent player in Apple Device Management and Security, has announced the acquisition of Assetbots, an emerging asset management software provider. This strategic move will allow Mosyle to enhance its service offerings, particularly for small and medium-sized businesses (SMBs) and educational institutions, by incorporating comprehensive asset management solutions. Assetbots, known for its intuitive and … Read more

Yatra Expands Corporate Travel Footprint with Globe All India Acquisition

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Yatra Expands Corporate Travel Footprint with Globe All India Acquisition

Yatra has acquired corporate travel specialist Globe All India Services (Globe Travels) in a deal valued at just over $15 million. This acquisition significantly enhances Yatra’s presence in the corporate travel sector in India, adding approximately 360 corporate customers and bolstering its offerings in meetings, conferences, and exhibitions (MICE). Globe Travels, with annual gross bookings … Read more

Tarabut Acquires UK Payments Platform Vyne

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Tarabut Acquires UK Payments Platform Vyne

Tarabut, the MENA region’s leading open banking platform, has acquired London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses. This strategic acquisition, approved by both the Saudi Central Bank (SAMA) and the UK’s Financial Conduct Authority (FCA), positions Tarabut to enhance its financial services across the Middle East and globally, especially as new … Read more