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Company news and community posts, in chronological order
Innatera has raised a total of $21 million in an oversubscribed Series A round, driven by strong market interest. The funding will speed up mass production of the company's neuromorphic processor, with a target of reaching 1 billion devices by 2030.
Halter, an agtech company based in Boulder, Colorado, has raised $220 million in a Series E round, bringing its valuation to $2 billion. The funding will go toward speeding up the global rollout of its virtual fencing technology for livestock.
London-based insurtech Laka has raised $10.4 million in a Series B round, aiming to reach profitability by the end of next year. The company offers "collective" insurance for bicycles and e-scooters, pooling claims together.
Medtronic has added two new members to its board as activist investor Elliott pushes for more shareholder value. The Ireland-based company supplies health technology.
MSD, along with Eli Lilly and AstraZeneca, has paused or scrapped nearly £2 billion of planned UK investment in 2025, raising concerns about jobs. The move comes amid uncertainty over the British government's plans.
Atomic, an AI-native supply chain planning platform, has raised a $12.5 million Series A led by Klass Capital and Madrona. Adrian Schauer of Klass Capital and Matt McIlwain of Madrona are joining the board.
Novo Nordisk, the maker of Wegovy, is cutting around 9,000 jobs — roughly 11.5% of its global workforce of 78,400 employees. The move comes with a one-off cost of 8 billion Danish kroner (about US$1.26 billion).
German agritech startup Klim has raised US$6.6 million in seed funding to speed up the adoption of regenerative farming methods among growers. The money will support the company's expansion and its work with farmers.
Multiverse, which provides professional apprenticeships, has raised a $130 million Series C. The round comes after the company closed the UK's largest EdTech round in January — a $44 million Series B led by General Catalyst. Its rapid growth reflects its expansion as both an employer and a provider of professional training.
Microsoft has signed a 10-year deal with Spanish cloud gaming platform Nware, letting Nware stream Microsoft game titles. The agreement was announced on Friday.
Insider One, an agentic AI platform for customer engagement, has acquired Bluecore. The deal expands its marketing automation and execution offering for brands.
Informa has announced plans to spin off its academic publishing arm Taylor & Francis and to buy live events operator Clarion Events for £2.24 billion. The moves are meant to create a more focused company.
Cone Health is building a program to recruit and retain physician assistants, with a focus on a welcoming environment and compassionate patient care. The effort targets hiring and retention of healthcare staff at the company.
Dutch startup Monumental, which runs a fleet of bricklaying robots, has raised $35 million in a Series B round led by Khosla Ventures. The company says the funds will go toward expanding its operations.
Tim Hortons says it will rely less on the Temporary Foreign Worker (TFW) program and has pledged to hire 10,000 new local team members across Canada, according to a statement released Monday.
An anonymous source claiming to be an insider says Wells Fargo and Barclays are in merger talks — a move that would mark a major break from the norm.
Bitdeer Technologies is shifting away from pure bitcoin mining toward hosting AI/HPC data centers, aiming for growth and more lasting profits. The company has signed major long-term hosting contracts, including one worth US$4 billion.
National Vision Holdings (EYE) raised its fiscal 2025 revenue outlook to as much as $1.99 billion, pointing to strong comparable sales growth and solid premium product performance, CEO Alex Wilkes said on the Q3 2025 earnings call.
Sphere Entertainment posted first-quarter revenue of $386.41 million, up 38%, driven by growth in its Sphere segment, according to an analysis that keeps a buy rating. The report also mentions the company's ambitious expansion plans.
InMobi has appointed Kunal Nagpal as its first Chief Business Officer, a newly created role overseeing the company's advertising business. The San Mateo, California-based company announced the move.