In memos to employees and public social media posts, Silicon Valley leaders voiced support for the call for social justice in the wake of the death of George Floyd in Minneapolis. But their expressed concern for systemic mistreatment of blacks by police stands in contrast to the relatively little they've done to address endemic inequality in their own industry. More than 20 years after the Rev. Jesse Jackson called out Silicon Valley for having few blacks and Latinos among its employees, executives and board members, such groups remain underrepresented, in many cases egregiously so.
June 03, 2020 7:19 AMSINGAPORE (BLOOMBERG) - Singaporean sovereign wealth fund GIC is in talks to acquire a stake in StorageMart, which describes itself as the largest privately owned storage company in the world, according to people with knowledge of the matter.
Financing to Drive R&D and Global Footprint of Locus's Revolutionary Collaborative Multi-Robot Solution for Retail and Third-Party Logistics Fulfillment WILMINGTON, Mass., June 2, 2020-- Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, announced that it raised more than $40 million in Series D funding led by Zebra Ventures, the strategic investment arm of Zebra Technologies. Existing investors, including Scale Venture Partners, also participated in the round. The Series D funding brings Locus Robotics' total funding to more than $105 million.
CHICAGO, June 2, 2020-- Tovala, the time-saving meal service and countertop smart oven that scans, steams, broils and bakes chef-crafted meals, announces the close of a $20M Series B funding round led by Finistere Ventures, an agrifood venture pioneer, with participation from new investors Comcast Ventures, OurCrowd and Rich Products Ventures. Previous Tovala investors Origin Ventures, Pritzker Group Venture Capital, Crate & Barrel Founder Gordon Segal, New Stack Ventures and the University of Chicago also participated in the round.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Behind the greatest investment wealth creation in modern history are ... computers. How a data-analytics market approach dominates Jim Simons was suicidal. In 1979, a young staffer found the hedge fund manager lying on his couch, still reeling from a bad bet on bond-futures contracts. The mistimed call had lost nearly a million dollars.... The post The Power of a Numbers-Based System appeared first on InvestorPlace.
Ahana Raises $2.25 Million Seed Funding Led by GV and Joins Linux Foundation's Presto Foundation Ahana to focus on growing the Presto community to simplify ad-hoc analytics with PrestoDB federated SQL engine SAN MATEO, Calif., June 2, 2020-- Ahana, the Presto-based analytics company, announced today it has raised $2.25 million in funding led by GV (formerly Google Ventures) along with participation from Leslie Ventures and other angel investors. Additionally, Ahana has joined the Linux Foundation's Presto Foundation. Ahana will use the funding to expand its technical team and deliver Presto-based analytics products.
Bigfoot Biomedical(r) Closes Series C Financing With $55M As Company Readies For Fda Submission Of Bigfoot Unity
Bigfoot Biomedical(r) Closes Series C Financing with $55 Million as Company Readies for FDA Submission of Bigfoot Unity Funding to Support its Breakthrough Therapy and Telemedicine Solutions for People Living with Insulin-Requiring Type 1 and Type 2 Diabetes MILPITAS, Calif., June 2, 2020-- Bigfoot Biomedical, Inc. announced today that the company has raised a total of $55 million to close its Series C equity financing. The round was led by Abbott with support from existing investors, including Quadrant Capital Advisors, Senvest Capital, Janus Henderson and Cormorant Asset Management, along with new investors including Smile Group.
As protests against police brutality and economic manifestations of systemic racism in the U.S. continue, venture capital firms are joining the chorus of technology industry advocates lending their support to the cause. For the past three days, technology company executives and the investors who backed them have issued statements of support for the protests and [...]
Real estate executives and business leaders promise change as anger and frustration over racism and police brutality grip the nation, reports The Real Deal. Office developers around the country grapple with the fallout from the coronavirus pandemic, according to The New York Times. These are among today's must reads from around the commercial real estate industry.
by Ellsworth Dickson Argentina is known for its lithium resources as well as its copper...: Exploring Golden Arrow's Flecha de Oro Gold Project in Rio Negro province, Argentina. Photo courtesy Golden Arrow Resources Corp. Argentina is known for its lithium resources as well as its copper and gold potential. The country also has resources of lead, molybdenum, silver, zinc, uranium and rare earths.