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Kennon Robotics bags USD 200 million to expand into unexplored markets
Shanghai-based service robotics company Keenon Robotics Co. Ltd. has reportedly raised USD 200 million in a Series D funding round which was led by Softbank Vision Fund 2. This is considered to be the largest funding to date in the service robot business space. The funding round also saw particip... Read More
U.S. regulator seeks data from 12 automakers for Tesla Autopilot probe
The National Highway Traffic Safety Administration (NHTSA), recently requested 12 major automakers for aid as a part of the investigation into crashes involving Tesla cars into other vehicles while using its advanced driver assistance system (ADAS), the Tesla Autopilot. It is to be noted that Tesla... Read More
Battery Ventures acquires Goodfellow to expand its product portfolio
Boston-based venture capital firm Battery Ventures recently revealed to have acquired Goodfellow Cambridge Ltd., a specialty provider of superior quality materials for R&D, prototyping, and specialized manufacturing. Goodfellow, based in Cambridgeshire, U.K., also has subsidiaries in France, ... Read More
MonetaGo launches double financing fraud solution trials with SWIFT
New York-based fintech solutions company, MonetaGo Inc. has recently announced a new platform to tackle fraud in trade finance on a global level. To deliver a globally standardized solution, MonetaGo has teamed up with SWIFT, a leading provider of secure financial messaging services, on a proof-o... Read More
Telix signs agreement with Radius for distribution of Illuccix in Italy
Radius will be the exclusive distributor for Illuccix in Italy for three years following the national approval date. Radius and Telix Pharma had previously joined hands for the distribution of Ga-PSMA-11 for magisterial use in Italy. Telix Pharmaceuticals Limited has reportedly entered int... Read More
BlackRock’s first China mutual fund accrues USD 1 Bn from investors
American multinational investment management firm BlackRock Inc. has reportedly raised 6.68 billion yuan (approximately USD 1.03 billion) for its new mutual fund in China’s 3.6 trillion mutual fund market. BlackRock said its newly launched China equity fund had attracted these funds from mo... Read More
Omnicell launches a new Software Development Center in Bangalore, India
California-based healthcare technology company Omnicell Inc. recently announced to have opened a new software development center in Bangalore via its Indian subsidiary. The new center will focus on product innovation and further the company’s strategy of providing cloud-based infrastructure to... Read More
DIY retail platform Dukaan bags USD 11 million in pre-Series A funding
Dukaan, an online retail platform that helps businesses go digital, has recently announced to have raised USD 11 million during a pre-Series A funding led by 640 Oxford Ventures at a post-money valuation of USD 71 million. The fundraising also witnessed participation from investors like Snow Leop... Read More
Blue Origin’s lawsuit against NASA delayed over pagination hassle
The lawsuit by Jeff Bezos' Blue Origin against the US government and SpaceX has yet again been delayed due to paginations issues as the Department of Justice (DOJ) struggled to add page numbers to about 1,700 documents before the set deadline. The lawsuit was initially filed after NASA presen... Read More
Checkr bags USD 250 million in Series E round led by Durable Capital
Human resource tech firm Checkr has reportedly raised USD 250 million in a Series E funding round led by Durable Capital. The fresh funding valued the company at USD 4.6 billion. New investors Franklin Templeton and Fidelity Management & Research Company LLC participated in the round, along w... Read More