Cannabis lender Bespoke Financial raises $8m from Casa Verde Capital and Sweat Equity Ventures
Cannabis financing company Bespoke Financial today announced it raised $8 million in a Series A financing round. Through this round, the company brought new, key investors into its corner as it fights to bring financing solutions to companies in the.....»»
Breaking down the numbers: Cybersecurity funding activity recap
Here’s a list of interesting cybersecurity companies that received funding so far in 2024. Aim Security January | $10 million Aim Security raised $10 million in seed funding, led by YL Ventures, with participation from CCL (Cyber Club Lond.....»»
Nature degradation could cause a 12% loss to UK GDP, new analysis suggests
The deterioration of the UK's natural environment could lead to an estimated 12% loss to GDP, according to new analysis. In comparison, the financial crisis of 2008 took around 5% off the value of the UK GDP, while the COVID-19 pandemic cost the UK u.....»»
Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks
The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption......»»
Study presents strategy to stamp out illicit market for cannabis amid wave of policy shifts in North America
It's been five years since Canada stepped into the forefront of cannabis legalization, setting a significant precedent in the realm of drug policy. With Canada and 24 US states now embracing recreational cannabis, the battle against the illegal marke.....»»
Impact investing in Paris suburban "banlieue" neighborhoods: Untapped social and economic potential
From July to August, Paris will host the 2024 Olympic games. However, once the athletes and spectators have packed up and left, the Games will leave behind a lasting social impact on the run-down neighborhoods on the outskirts of the French capital......»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
Sublime Security secures $20 million to strengthen cloud email security and visibility
Sublime Security has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Cybersecurity visionary and Crowdstrike Co-founder & former CTO Dmitri Alperovitch is al.....»»
Dropzone AI raises $16.85 million to combat advanced AI attacks
Dropzone AI has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman.....»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Nagomi Security raises $30 million to help security teams improve their level of protection
Nagomi Security emerged from stealth with $30 million in funding to fundamentally redefine how security teams optimize effectiveness and drive efficiency from their existing security tools. The company operated in stealth mode with Seed funding from.....»»
Startup financing gender gaps greater in societies where women are more empowered: Study
Commercial bankers provide capital to fund the operations and growth of businesses. However, as these lenders evaluate entrepreneurs who apply for loans, gender bias leads to women being denied more often than their male counterparts......»»
Crises like pandemics or financial crashes could stall progress on gender diversity in boardrooms
Forget shattering the glass ceiling—a new research study published in The Leadership Quarterly warns that crises like the recent COVID-19 pandemic or a global financial crash could slam the brakes on progress toward improving gender diversity in bo.....»»
Why the term "DEI" is being weaponized as a racist dog whistle
A bridge in Baltimore collapsing, a door falling off an airplane and antisemitism—what do they have in common? In recent months, Diversity, Equity and Inclusion (DEI) has been blamed for all three......»»
Some cannabis rolling papers may contain unhealthy levels of heavy metals
A team of chemists at Lake Superior State University, working with colleagues from Wayne State University, both in Michigan, and two representatives from JEOL U.S., a lab equipment maker, has found that some cannabis rolling papers contain high level.....»»
Tesla profits drop 55% as Elon Musk dodges cheap car questions
Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»
Vroom CEO: ‘Gut-wrenching" decision to end online used-car business
When a search to secure more capital was unsuccessful, Vroom's senior leadership called it: The company would stop buying and selling used vehicles online as soon as possible......»»
Prophet Security emerges from stealth and raises $11 million
Prophet Security emerged from stealth with $11 million in seed financing led by Bain Capital Ventures (BCV) with participation from several security leaders and angel investors. At the core of the company’s unveiling is Prophet AI for Security Oper.....»»
Using bacteriophage-derived lysin to target odor-causing bacteria in armpits
Body odor from the armpits comes from bacteria metabolizing sweat produced by the apocrine glands. These bacteria are native to our skin, but the odors produced differ among people. Generally, people use deodorants on their armpits, but perhaps there.....»»
GM Financial Q1 net income slips 8%
The captive said lease originations rose, while retail loans fell......»»
Veoneer names longtime Forvia executive Nik Endrud CEO following sale
Veoneer appointed longtime Forvia executive Nik Endrud as its CEO, less than two months after being acquired by a New York private equity firm and after two other major sales of its business units......»»