Author: OurCrowd

[OC 50 PE Index Fund Powered by NewVest in PR Newswire] NewVest expands presence in the Middle East with new Abu Dhabi office

Jan 16, 2025 |

NEW YORK and ABU DHABI, UAE, Jan. 16, 2025 /PRNewswire/ — NewVest announced at Abu Dhabi Sustainability Week the opening of its new office, located in the Abu Dhabi Global Market (ADGM). This strategic expansion underscores NewVest’s commitment to the Middle East region and its dedication to providing top-tier investment solutions to clients in this dynamic market once the licensing process with the ADGM’s Financial Services Regulatory Authority has been completed. Read more...

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[Colossal in Chron.] Texas company raises $200 million to make Jurassic Park happen

Jan 16, 2025 |

A Dallas-based startup attempting to revive several extinct species—much like Jurassic Park—just got a major boost. Colossal Biosciences, the world’s first “de-extinction company,” announced Wednesday it secured $200 million in series C funding from TWG Global. This brings the total investment to the Texas company to $435 million since its launch in September 2021. Per Colossal, this also makes it Texas’ first decacorn, a term used for a private company valued at more than $10 billion. Read more...

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[Clinch in PR Newswire] Clinch appoints Roy Balle as new Chief Financial Officer

Jan 16, 2025 |

NEW YORK, Jan. 16, 2025 /PRNewswire/ — Clinch, the AI-powered technology company that brings efficiency, productivity, and intelligence to omnichannel advertising, announced the appointment of Roy Balle as Chief Financial Officer. In his role, Balle will oversee Clinch’s global capital structure, financial strategy, planning, and risk management, while maintaining its financial compliance and corporate governance. Read more...

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[Cyabra in Globe Newswire] Cyabra announces preliminary 2024 results with record high ARR1

Jan 15, 2025 |

New York, NY , Jan. 15, 2025 (GLOBE NEWSWIRE) — Cyabra Ltd. (“Cyabra”), a leading provider of advanced solutions combating online disinformation, today announced its preliminary financial results for 2024, with annual recurring revenue, or ARR, of $6.1 million as of December 2024, marking a 75% increase from December 2023 and growth of over 930% from December 2022. Read more...

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