The COVID-19 pandemic has battered industries around the world, but one sector's prospects aren't so bleak: venture capital. Startup backers say that half of their portfolio companies haven't been harmed by the coronavirus that stalled the economy in March.
As science adviser of Operation Warp Speed, the veteran pharmaceutical executive helped usher a coronavirus vaccine to the US market in record time.
ROUEN, France -- The panicked 22-year-old is led to Consultation Room No. 2, with its easy-mop floor and honeycombed meshing over the window. Behind her, the psychiatric emergency ward's heavy double doors -- openable only with a staff member's key -- thud shut. With anxious taps of her white sneakers, she confides to an on-duty [...]
EL DORADO HILLS, Calif. and TORONTO, Dec.: EL DORADO HILLS, Calif. and TORONTO, Dec. 1, 2020 /CNW/ - Cordelio Power ("Cordelio") and BrightNight are pleased to announce a new partnership to develop dispatchable renewable power projects in the western United States. The focus of the joint venture is to bring clean, reliable, and highest-value energy and capacity solutions to customers while providing long-term economic benefits to local communities. Customer Focus: Utilizing advanced technology, the joint venture will deliver dispatchable and tailored renewable energy products, including energy storage, at the lowest cost to utilities, cooperatives, and corporate and institutional customers.
ATLANTA--(BUSINESS WIRE)--ConnexPay, a payment technology company that enables marketplace businesses to collect and safeguard consumer funds while automating the distribution of payments to suppliers has secured additional funding from existing investors and from new investor F-Prime Capital, the global venture capital firm affiliated with FMR LLC, the parent company of Fidelity Investments. The investment brings total funding to $15M, which will be used to accelerate growth, increase product.
Summary List PlacementSidra Capital, a Saudi asset management and private equity firm, purchased a suburban Philadelphia life sciences and healthcare campus in a recapitalization deal that valued the property at $225 million. Spear Street Capital, a real estate investment firm, will retain a 10% minority interest. The deal was brokered by JLL. The five-building, 855,600 square foot Arborcrest facility was completed in two phases, 2015 and 2019, and includes as tenants Signant Health, a clinical trial management company, Pharmaceutical Research Association, a clinical research organization, and Abington Memorial, an outpatient facility.
CHICAGO--(BUSINESS WIRE)--Acquisition adds Intellio(tm) Predict, an AI-powered asset that projects revenue with precision to drive investments and value creation. : Acquisition adds Intellio(tm) Predict, an AI-powered asset that projects revenue with precision to drive investments and value creation CHICAGO--(BUSINESS WIRE)--West Monroe, a national business and technology consulting firm, today announced it has acquired Two Six Capital, a San Francisco-based, technology-enabled firm that pioneered data science for private equity. Founded in 2013, Two Six Capital leverages proprietary technology--powered by artificial intelligence and machine learning--to advise private equity firms with one primary objective: understand and project the drivers of revenue.
Just two lawyers have been made up outside of the firm's U.S. offices. : Cooley has promoted 16 of its lawyers to to the partnership across nine offices, with the majority of promotions being made in the firm's U.S. bases. Hannah joined Legal Week in May 2018 after finishing her degree at Kingston University. Her areas of focus are corporate, M&A, private equity and restructuring at UK and City-based US law firms. A weekly, curated selection of our international content from around the globe, across the business of law, in-house, regulatory, technology and more, with expert insights from our senior editors.
Employee engagement startup Culture Amp's losses ticked up to $US27 million ($A36 million) last year as it prioritises growth over profits.