Silicon Valley Journals 
Emma, an online mattress retailer, has announced plans to lay off approximately 200 employees, representing 18% of its global workforce. This decision comes as the company recalibrates its growth expectations for 2024 in response to challenging global economic conditions. Reasons for Layoffs Expansion and Retail Footprint Product Availability Emma’s products are currently available at major … Read more
Flutterwave, a leading African payments company, has laid off approximately 30 employees, which accounts for around 3% of its workforce. This decision follows the company’s strategic repositioning to focus on its most profitable areas: enterprise and remittance. Strategic Realignment Employee Impact Company Statement Flutterwave released a statement explaining the layoffs: “After a thorough analysis of … Read more
Wilya, formerly known as Gig and Take, is a New York City-based B2B SaaS company that offers a skills operating system tailored for HR practices in the manufacturing and supply chain sectors. The company has successfully raised $4 million in seed funding to fuel its growth and development. Funding Round Details Company Overview CEO and … Read more
Naomi Watts, actress and advocate for women’s health, has partnered with L Catterton, a consumer-focused investment firm based in Greenwich, CT, to acquire Stripes Beauty, a Beverly Hills, CA-based beauty and wellness brand. Deal Details Background of Stripes Beauty Founded: 2022 Founder: Naomi Watts Mission: Stripes Beauty aims to normalize conversations about menopause and other … Read more
TrackLight, an El Dorado Hills, CA-based company specializing in AI-assisted fraud detection and prevention, has raised $3 million in Seed funding. Funding Details Purpose of Funding The raised funds will be utilized to: Company Overview TrackLight: Key Offerings TrackLight’s platform includes a suite of tools designed to empower organizations to proactively detect and prevent fraud: … Read more
Resource Innovations, a tech-enabled services company based in San Francisco, CA, focused on energy efficiency and sustainability, has acquired Cadeo, a clean energy consulting firm based in Portland, OR. Key Details of the Acquisition Company Profiles Resource Innovations: Cadeo: Strategic Benefits of the Acquisition Leadership Perspectives Lauren Casentini, CEO of Resource Innovations, emphasized the strategic … Read more
Net Zero Company, a Stockholm-based carbon removal startup, has completed a $5.5 million Seed funding round. The company, founded in 2022, aims to revolutionize carbon removal through its innovative Carbon Removal Token (CRT). Key Details of the Funding Round Company Overview Net Zero Company was founded by Håkan Nordkvist, a former Head of Sustainability Innovation … Read more
Heyday Health, a Cambridge, MA-based virtual-forward value-based care provider focused on Medicare and dual-eligible patients, has raised $12.5 million in a recent funding round. Key Details of the Funding Round Company Overview Heyday Health was founded in 2020 by Bobby Shady, Dr. Nupur Mehta, and Sarafina Midzik. The company focuses on providing personalized, value-based care … Read more
MEandMine, a Palo Alto, CA-based startup focused on improving classroom well-being through AI-flagging of psychological risks in young children, has successfully raised $4.5 million in funding. The funding round was led by K5 Global. Key Details of the Funding Round Company Overview MEandMine, founded by Elinor Huang, is dedicated to enhancing the mental health and … Read more
Verituity, a McLean, VA-based provider of verified payout solutions, has successfully raised $18.8 million in a new funding round. The investment will be used to accelerate growth in banking and insurance sectors, and to expand into new markets such as mortgage servicing and energy. Key Details of the Funding Round Company Overview Verituity, led by … Read more