Tag: INVESTMENT
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Deloitte Unveils 2024 North America Technology Fast 500 Rankings
On November 21, 2024, Deloitte released its North America Technology Fast 500™ rankings, highlighting the fastest-growing tech companies. TG Therapeutics led with a growth rate of 153,625%. The software and services sector remained dominant, comprising 59% of the list, followed by fintech and life sciences. The event celebrates 30 years of recognizing innovation and growth…
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Canadian Company Secures Ownership of Two Norwegian Mining Firms
Canadian company Blue Moon Metals will acquire 100% ownership of two North Norwegian mining companies, Nye Sulitjelma Gruver and Nussir, for a total of 67.3 million USD. This merger aims to leverage untapped copper mining potential in the region, promising job creation and financial benefits to the local community, while addressing financing and regulatory challenges…
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Rising Investments in Intellectual Property: Understanding the Trend
Economic data shows a 0.2% increase in the PCE price index, indicating inflation remains above the Fed’s target. Companies are notably enhancing investments in intellectual property, particularly in AI, as they respond to market changes. New orders for durable goods have also increased slightly, reflecting a growing trend in nonresidential fixed investment. Businesses are increasingly…
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CULT Food Science Corp. Highlights Key Achievements in Cellular Agriculture and Lab-Grown Meat Innovation
CULT Food Science Corp., a leader in lab-grown meat and cellular agriculture, recognizes significant achievements of its portfolio companies: Opalia Foods, Melibio, California Cultured, and Jellatech. Recent milestones include industry awards, substantial investments, and facility expansions aimed at transforming food production and achieving sustainability. CULT Food Science Corp., identified by its stock symbols (CSE: CULT,…
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ZJLD Group Recognized with Prestigious ESG Award
ZJLD Group Inc., the first baijiu company listed on the Hong Kong Stock Exchange, has received the “Greater Bay Area Listed Companies ESG100 Green Advancement Awards – Value Champion Award.” This award acknowledges enterprises that exemplify sustainable business practices. The recent summit in Hong Kong facilitated discussions on growth opportunities while establishing industry sustainability benchmarks…
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The Impact of the CHIPS and Science Act on Semiconductor Lobbying in Washington, D.C.
The CHIPS and Science Act has prompted significant lobbying efforts by semiconductor companies, particularly Nvidia, TSMC, and Intel, which aim to navigate federal policy changes and secure substantial funding. In light of evolving trade regulations and the high stakes involved in semiconductor manufacturing, these companies have ramped up their government relations strategies, employing both internal…
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Oura Secures $75 Million Investment and Partners with Dexcom for Metabolic Health Expansion
Oura has secured a $75 million Series D investment from Dexcom and announced a partnership to deepen its focus on metabolic health. This collaboration promises two-way data exchange between their respective applications, launching in early 2025. Oura’s CEO highlighted the growing interest among members to understand food’s impact on health, while Dexcom aims to broaden…
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Kintsugi Doubles Valuation to $80 Million with Innovative Sales Tax Solutions
Kintsugi, a startup specializing in sales tax automation, has increased its valuation to $80 million following recent funding rounds. The company offers an AI-driven platform that simplifies sales tax calculation and compliance for e-commerce businesses, providing a user-friendly experience. Established by Pujun Bhatnagar in 2022, Kintsugi has grown its customer base significantly, emphasizing transparency and…
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MultiChoice Pursues $3 Billion Merger with Canal+ to Compete with U.S. Giants
MultiChoice is pursuing a $3 billion merger with Canal+, aiming to strengthen its competitive stance against U.S. streaming giants like Netflix and Amazon. This merger could unite nearly 50 million subscribers and enhance content offerings across Africa. CEO Calvo Mawela asserts that this partnership is crucial for leveraging scale and negotiating power in a growing…
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Team-GPT Secures $4.5M to Enhance AI Integration for Businesses
Team-GPT, co-founded by Illiya Valchanov and partners in 2023, has launched a suite of AI tools to help companies integrate artificial intelligence effectively while ensuring data privacy. With the recent acquisition of $4.5 million in seed funding and a client base that includes notable organizations like Salesforce and Johns Hopkins, the company aims to expand…