MARKET TRENDING NEWS

Indian home services marketplace Urban Company has reportedly secured USD 255 million in a Series F funding round which was led by Prosus Ventures, Wellington Management, and Dragoneer. The round also saw participation from Vy Capital, Steadview, and Tiger Global, valuing the company around USD 2.1 ... Read More

French multinational information technology service and consulting company Atos has reportedly completed the acquisition of Ipsotek, a leader in AI-powered video analytics solutions. This acquisition will empower Atos to strategically fortify its prominent position in Edge AI and Computer Vision ... Read More

LG Electronics intends to target the electric vehicle power train market by teaming up with Magna International. The joint venture will be officially launched in July and will be headquartered in Incheon, South Korea. The European Commission has approved the joint venture between South Kor... Read More

Nexturn Bio Inc. has revealed to have acquired a 50% stake in drug developer RosVivo Therapeutics Inc. for around USD 5.5 million. The move will allow Nexturn Bio to boost its capabilities by co-jointly developing new medication pipelines using miRNA technology to target diabetes, gastrointestina... Read More

Prominent biotech leader, Engine Biosciences, has reportedly closed $43 million in a funding round led by Polaris Partners, which also saw participation from newcomers, Invus, and a lengthy list of existing investors. The company, a Singaporean outfit, made this move in order to keep growing in the ... Read More

Forter Ltd., a leading New York-based security software provider, reportedly raised USD 300 million in a Tiger Global Management-led Series F funding round. Companies such as Adage Capital Management and Third Point Ventures, along with existing investors including Sequoia Capital, Bessemer Venture ... Read More

Texas-based digital curriculum platform eDynamic Learning Inc. has reportedly acquired Knowledge Matters Inc., a career-oriented simulation services provider. The move will allow eDynamic Learning to offer its students an advanced mix of career discovery, preparation, and engagement solutions using ... Read More

Roche India and Cipla Limited have co-jointly launched the COVID-19 antibody cocktail known as Casirivimab and Imdevimab in India. According to reliable sources, the first batch of this multi-pack antibody cocktail will be made available soon, with the second batch launching by mid-June. For thos... Read More

Daimler Truck AG and Contemporary Amperex Technology Co. Limited (CATL) have reportedly extended their existing partnership in which the China-based energy storage specialist will supply lithium-ion batteries for the Mercedes-Benz electric truck beyond 2030. For those unaware, Daimler truck AG is... Read More

Global warehousing and logistics firm, Lineage Logistics, also addressed as Lineage, has reportedly disclosed its multi-year sponsorship of Justin Thomas, a well-known and professional golfer. For the record, Lineage can be considered as the largest and highly innovative provider of temperature-c... Read More