LONDON, Aug. 17, 2021 /PRNewswire/ — Lighthouse Advisory Partners, leaders in technology M&A, has advised Snapbytes UK Ltd. Snapbytes, a Top Atlassian Marketplace Partner with over 4,300 global installations of its IT Service Management (ITSM) applications, has been acquired by Appfire, a leading provider of apps that help teams to solve modern challenges with digital solutions. With teams in Istanbul, Turkey and…
STOCKHOLM, Aug. 17, 2021 /PRNewswire/ — Medius, a leading provider of spend management solutions, is transforming its customer’s electronic invoice management processing with revolutionary patent pending design – ‘touchless capture technology’ – part of the Medius Accounts Payable (AP) Automation suite. Utilizing Microsoft Azure Machine Learning and Artificial Intelligence (AI), with a user-friendly interface, Medius has developed an e-invoicing solution that captures and converts data dynamically, and dramatically reduces processing time to mere moments. …
Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies
Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. They might not want to sell equity in their company, but often struggle to secure working capital loans from traditional financial institutions. That’s where Singapore-based Jenfi comes in, providing revenue-based financing of up to $500,000 with flexible repayment plans that co-founder and…
EV startup Canoo has hired hundreds of employees and is homing in on a production date, but critical milestones including landing a battery supplier remain, according to the company’s second quarter earnings report. Canoo’s earnings report comes just a few weeks after the company’s first investor relations day when it named Dutch company VDL Nedcar…
DRYDEN TOWNSHIP, Mich. (AP) — A former Michigan congressman who quit the Republican Party to protest GOP efforts to overturn Joe Biden’s victory over Donald Trump has died.Paul Mitchell died Sunday, according to a statement his family provided to CNN. He was 64.In June, Mitchell told radio station WJR that he had been diagnosed with…
LOS ANGELES, Aug. 16, 2021 /PRNewswire/ — Health-Ade, a sales leader and pioneer in kombucha beverages, today announced that longstanding partner First Bev has acquired a controlling stake in the company. The deal is also backed by powerhouse investors including Manna Tree, a Vail, Colorado-based investment firm committed to improving human health through nutrition. Financial terms of…
The pandemic was a catalyst for showing companies looking to cut costs just how much they were spending on their software tools. New York-based Tropic’s platform not only uncovers those savings, but also brings a click-and-approve approach to buying software. Today, the company announced a $25 million Series A round of funding. Canaan Partners led…
Blue Origin, the space company helmed by billionaire Jeff Bezos, is taking NASA to court. The company filed a complaint with a federal claims court on Monday over the agency’s decision to award a lunar lander contract solely to rival company SpaceX. The complaint, which Blue Origin successfully petitioned to have sealed, says NASA’s evaluation…
Roblox is using M&A to bulk up its social infrastructure, announcing Monday morning that they had acquired the team at Guilded that has been building a chat platform for competitive gamers. The service competes with gaming chat giant Discord, with the team’s founders telling TechCrunch in the past that as Discord’s ambitions had grown beyond…
© Bloomberg. This overview shows the Johan Sverdrup oil field in the North Sea west of Stavanger, Norway, on January 7, 2020. Photographer: Carina Johansen/AFP/Getty Images (Bloomberg) — Norwegians own more electric cars per capita than anyone else on the planet. But their obsession with Teslas has done little to persuade the nation that there’s…





