Spinn, a U.S-based coffee subscription firm, has successfully raised USD 20 million in a recent funding round led by Spark Capital, Alexa Fund by Amazon, Bar 9 Ventures, as well as its existing investors. With this new investment, the company plans to steer growth and further the development of its patented coffee brewing technology along with ensuring the delivery of outstanding pre-orders.
Roderick de Rode, CEO of Spinn, commented that companies such as Spark, Bar 9, and the Alex Fund showcase some of the most notable track records in connected devices, consumer products, and coffee market investing. The recent funding along with their expertise will be a key growth fact
Indonesia has recently witnessed a spike in COVID-19 related deaths, especially among children below the age of 5 years. The fatality rate in Indonesia is currently higher than any other country and contradicts the concept that children are in little danger from COVID-19.
According to sources, the surge in child fatalities corresponds to the spread of the delta variant in Southeast Asia, where vaccination rates are low, leading to record outbreaks in Myanmar, Thailand, Malaysia, Vietnam, and Indonesia.
Indonesia, the world's fourth-most populated country, surpassed India and Brazil in the number of daily cases this month, becoming t
The US Centers for Disease Control and Prevention (CDC) along with the local health authorities in Atlanta, Georgia, & Dallas, Texas have confirmed that they are looking into a case of Monkeypox in a traveler from Nigeria, West Africa.
While officials are still analyzing where the virus hides in nature, it is believed that small mammals and rodents in Africa have a key role in spreading the virus to humans and certain forest animals like monkeys.
Notably, people may get infected by monkeypox once they are scratched or bitten by an animal or when they come in contact with an infected animal or animal products.
World’s leading manufacturer of top-quality cocoa and chocolate products, The Barry Callebaut Group, has reportedly announced its support for fully sustainably sourced vanilla and cocoa, through its ‘Better For You’ portfolio from the North America region.
This portfolio includes sugar solutions (reduced sugar, no sugar added, and sugar-free), dairy-free, high-protein, and organic solutions. The portfolio has witnessed significant innovation and growth in recent years.
The announcement provides the North American consumers of Barry Callebaut with top-quality sustainable products and lets the company support the vision
Disney and Marvel's latest superhero adventure flick “Black Widow” has recorded USD 116.9 million during its first box office opening. This has made it the most successful film to be released since the pandemic began.
The Scarlet Johansson starrer tallied at USD 80 million at the domestic box office alone, over USD 60 million from Disney+, and USD 78 million from international ticket sales. For the first time, the overall domestic box office had netted over USD 100 million in ticket sales since March 2020.
The box office collection of Black Widow has surpassed that of Universal’s “F9”, the former record
U.S-based IT service management company, Intalio has reportedly acquired Nyxeia, a firm that specializes in the implementation, sales and delivery of cost-effective and high-quality software solutions.
According to credible sources, the acquisition is expected to have a significant impact on both the firm’s growth in the booming and competitive digital market. Under this move, Intalio will focus on expanding and supporting the packaging of its full-featured vertical offerings designed for specific industries, which may indirectly stimulate its revenue and growth. The company has reportedly reached USD 48 Million valuation in 2020.
Well-known satellite imagery platform, Planet Labs, has reportedly revealed its plans of going public by merging with a SPAC (special-purpose acquisition company), in an attempt to get listed on the New York Stock Exchange (NYSE).
Apparently, the data specialist firm would be combining with dMY Technology Group IV, a SPAC which trades on the New York Stock Exchange under ticker DMYQ.
If reports are to be believed, the deal will provide the space company an equity valuation of USD 2.8 billion and is anticipated to close during the fourth quarter, followed by the listing of Planet Labs on the NYSE under ticker PL.
- The company has recalled 8,492,832 pounds of ready-to-eat (RTE) chicken products
- An epidemiologic investigation reveals that, of the three reported case, one person died due to potential listeria contamination
Tyson Foods, Inc., an American multinational corporation that operates in the food industry, has recalled more than 8 million pounds of RTE (ready-to-eat) chicken products. According to the Food Safety and Inspection Service (FSIS) of the United States Department of Agriculture, one person died due to potential listeria contamination in the chicken products.
Bolttech, a Singapore-based Insurtech company, has officially announced the completion of a $180 million Series A round which was led by Activant Capital Group along with other investors such as Alpha Leonis Partners, Tony Fadell – Principal at Future Shape, B. Riley Venture Capital, Dowling Capital Partners, and Tarsadia Investments.
With this funding, Bolttech currently holds a valuation of over $1 billion, thereby gaining a Unicorn status in just a year after it become operational.
Sources claim that the firm will utilize the raised funds to enhance its position in the US market. The funds will also be used to offer enhance tec