Author: OurCrowd

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

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

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

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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[Colossal in BusinessWire] Colossal secures $200M in Series C funding from TWG Global on the back of numerous world’s first scientific breakthroughs on path to de-extinction

DALLAS–(BUSINESS WIRE)–Colossal Biosciences, the world’s first de-extinction company, has today announced $200M in a Series C financing by TWG Global, a diversified holding company with operating businesses and investments in technology/AI, financial services, private lending and sports and media, jointly led by Mark Walter and Thomas Tull.  Read more...

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