RattanIndia Enterprises Ltd. (REL) said that it will invest in US-based urban drone logistics platform Matternet, in a move to enter into the unmanned aerial vehicle (UAV) industry. Based in Silicon Valley, Matternet is backed by investors such as Boeing, McKesson Ventures, Mercedes-Benz, and Sony. Founded in 2011, Matternet offers technology for on-demand, autonomous aerial […]
Mission Barns, a cellular agriculture company based in Silicon Valley, has raised $24 million in a Series A round to scale up its cultivated fat technology apart from constructing a pilot manufacturing plant in the Bay Area. The Series A round saw the participation of Lever VC, Gullspang Re:Food, Green Monday Ventures, Humboldt Fund, and […]
Addepar, a US-based wealth management technology platform, has raised $117 million in a Series E funding round, led by growth equity firm WestCap Group. The investment by WestCap Group was made from its flagship Strategic Operator Fund. Other investors in the Series E round are 8VC and Sway Ventures. Laurence A. Tosi – WestCap Group […]
US hospitality company Hyatt Hotels has opened Hyatt Centric Mountain View, a 167-room boutique hotel in Silicon Valley, California near Google headquarters. Located at 409 San Antonio Road in Mountain View’s Village at San Antonio Center, the new boutique hotel marks the first property of Hyatt Hotels in Silicon Valley, and its fourth in California. Currently, […]
Tech acquisition news : SharedLabs, a Florida-based technology services company has acquired ExoIS, a provider of managed IT services and SaaS/cloud solutions for an undisclosed sum. Based in the Silicon Valley, ExoIS builds, operates, monitors, and maintains cloud solutions in public, private and hybrid environments for enterprises in the most demanding industries. It caters to […]