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MTech Acquisition and MJ Freeway LLC combine to establish Akerna Corp
MTech Acquisition Corp., the first Special Purpose Acquisition Company (SPAC) to be listed in U.S. that acquires business ancillary to the cannabis sector, has recently joined hands with MJ Freeway LLC, a leading seed-to-sale regulatory compliance technology provider, to form the first compliance te... Read More
Pharma giant Pfizer to acquire Array BioPharma valued at $11.4 billion
Pfizer Inc., the New York-based pharmaceutical multinational, has reportedly announced that it will acquire Array BioPharma Inc., a commercial stage company focused on the discovery, development and commercialization of small molecule medicines to treat cancer and other crucial diseases. As per t... Read More
IoT startup SwitchOn raises $1 million seed funding from pi Ventures
Bengaluru based Internet of Things (IoT) startup SwitchOn has reportedly raised $1 million seed funding in a round led by pi Ventures. As per trusted sources, Axilor and The Chennai Angels also participated in the funding round. For the record, SwitchOn is an IoT startup founded in 2017 by Anirud... Read More
Apellis Pharma reveals Phase 2 study data for APL-2 in AIHA patients
Apellis Pharmaceuticals Inc. has reportedly announced the updated data from its key Phase 2 PLAUDIT study of APL-2 in patients with autoimmune hemolytic anemia (AIHA), including warm antibody autoimmune hemolytic anemia (wAIHA) and cold agglutinin disease (CAD). Sources close to the matter inform... Read More
Ola to establish advanced technology center in Uber’s home ground
Indian ride-hailing platform Ola has reportedly announced plans to establish an Advanced Technology Center in San Francisco Bay Area, which is the home ground of its biggest rival Uber, with over 150 engineers in a bid to amplify its engineering and development operations. With a sole objective o... Read More
In-store credit firm Sunbit raises $26 million in a Series B funding
Sunbit, a Los Angeles based financial technology company recently raised $26 million in a Series B equity funding round, led by Zeev Ventures, an early stage venture fund, managed by Oren Zeev with participation from prior investors such as Chicago Ventures, Group 11 and other existing investors, re... Read More
Cannabis firm Coda Signature raises $24.4M in Series A funding round
The Colorado-based Coda Signatures – a manufacturer of cannabis infused edibles, concentrates and topicals – has reportedly raised USD 24.4 million in the Series A funding round led by Granite Hill Partners. As per trusted sources, Mazakali, Salveo Capital and Gotham Green Partners we... Read More
Zensar collaborates with Cisco and NetApp on managed cloud services
Zensar Technologies, a software and services company, has reportedly confirmed that it has partnered with Cisco and NetApp for the FlexPod converged infrastructure managed private cloud offering. Apparently, the service incorporates Cisco’s UCS compute or networking resources, NetApp storag... Read More
UK-based Sphere Fluidics secures $2.9M investment to expand operations
Addition of new funds raised the total investment round to $4.8 million, with 24Haymarket Limited and Greenwood Way Capital as its leading investors A research and development company based in the UK, Sphere Fluidics, which is currently commercializing single cell analysis system, has decl... Read More
Fiat Chrysler to partner with Aurora Innovation on self-driving tech
Commercial vehicles from Fiat Chrysler such as delivery vans will come installed with Aurora Driver system Fiat Chrysler, the UK-based multinational automobile company, has reportedly struck a deal with Arora Innovation, a startup based in California, to source self-driving technology. The agreem... Read More