Nium crosses $1B valuation with $200M Riverwood Capital-led round
Nium’s new round adds fuel to a fire shared by a number of companies all going after a global B2B payments market valued at $120 trillion annually. Business-to-business payments platform Nium announced Monday that it raised more than $200.....»»
Drought sinks longest Polish river to record-low level
Poland's longest river, the Vistula, on Sunday hit a record-low water level in the capital because of drought, the national weather agency said......»»
Retail tech company Xcite Automotive plans to raise venture capital after AI acquisition
Xcite, known for reconditioning vehicles and photographing them for dealer websites, purchased Double4 AI to enhance its tech-driven products and services......»»
Glacier flooding in Alaskan capital sets new record
In the early hours of August 6, a lake dammed by Juneau's Mendenhall Glacier burst through the ice, flooding hundreds of homes and businesses in the Mendenhall Valley where many of the Alaskan capital's residents live. This outburst led to the larges.....»»
Open Road Capital adds five dealerships in two deals
Retail auto investment firm Open Road Capital and Jesse Hord bought four New York dealerships, while Open Road expanded on the West Coast in a new partnership......»»
New insights on how bird flu crosses the species barrier
In recent years, public health measures, surveillance, and vaccination have helped bring about significant progress in reducing the impact of seasonal flu epidemics, caused by human influenza viruses A and B. However, a possible outbreak of avian inf.....»»
Seoul residents sweating with record "tropical nights" weather
Residents of South Korea's capital are resorting to novel ways to beat the heat as a century-old weather record fell Friday following a 26th "tropical night" in a row—when the temperature stays above 25 degrees Celsius (77 Fahrenheit)......»»
Solera Auto Finance bought by managers, Obra Capital; now called Arra Finance
Solera Auto Finance's leadership has purchased the lender in a management buyout with partner Obra Capital and renamed the company Arra Finance. It will write subprime auto loans at new- and used-car dealerships......»»
Holman invests in FM Capital; both will boost auto tech deals
Holman is a conglomerate that owns a alrge dealership group and its own venture capital arm......»»
EU firefighters to join as Greece battles blaze
Greece battled a massive wildfire near Athens for a third day on Tuesday, with hundreds of European firefighters due to join the effort to contain the deadly blaze that has scorched parts of the capital's suburbs......»»
Popular office app may have exposed details of thousands of workers
Employee details at Dell, Verizon, Capital One, and others exposed via popular office app......»»
GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships
Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»
Extreme heat in India: A crisis on the rise
As global temperatures continue to rise, India is grappling with increasingly severe heat waves. As early as April, many Indian cities, including New Delhi, the capital, have experienced record temperatures above 115 degrees Fahrenheit......»»
How to watch Track & Field in the Olympics: Upcoming events
Track & field at the 2024 Summer Olympics gets underway on Thursday, with medal events taking place daily all the way until the the Games come to a close on Sunday, August 11. While certain events, such as the 100m and 200m sprints, are understandabl.....»»
GM Ventures, others invest in Israeli EV battery startup Addionics
Addionics raised $39 million from investors including General Motors' venture capital arm to help commercialize its 3D copper foil product for electric vehicle batteries......»»
Vanta raises $150 million accelerate its AI product innovation
Vanta announced that it has raised a $150 million Series C funding round at a valuation of $2.45 billion. The round was led by Sequoia Capital, in addition to new investors Growth Equity at Goldman Sachs Alternatives, J.P. Morgan and existing investo.....»»
Gcore raises $60 million to drive AI innovation
Gcore has secured $60 million in Series A funding from institutional and strategic investors. Led by Wargaming, and with participation from Constructor Capital and Han River Partners, this marks the company’s first external capital raise since its.....»»
Washington DC among US cities most vulnerable to space weather, scientists say
Several cities in the United States—including the nation's capital—have power grids particularly vulnerable to the threat of space weather—but experts are still trying to understand why......»»
Pindrop secures $100 million to further develop its audio, voice, and AI technologies
Pindrop announced it has secured $100 million in debt financing from Hercules Capital. This significant funding will enable Pindrop to further develop its audio, voice, and AI technologies, enhancing its offerings for customers in the banking, financ.....»»
Eugene McDonald, vehicle valuations pioneer, dies at 96
McDonald, whose vehicle valuation insights helped inform auto remarketing, died July 1 in Gainesville, Ga., after a brief illness, according to his obituary......»»
Kandji announces $100M funding round to continue Apple endpoint management expansion in the enterprise
Kandji, an Apple endpoint management and security platform, has announced that it has raised $100 million in capital from General Catalyst. Of this $100 million, $50 million is allocated to equity financing and $50 million for go-to-market expansion.....»»