Smart Ventures Inc seeks $100M for cannabis-focused subsidiary
Smart Ventures already tapped a veteran fund manager to work on the $100 million initial private placement fundraising for Cannabis Funding Group, the statement said.
Healthcare Health/Fitness
Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About His Conduct
Joe Kiani, a billionaire and prominent megadonor to President Joe Biden, is facing being ousted as chairman of Masimo, the medical device company he founded.
Elon Musk's Neuralink Aware of Brain Implant's Wire Issues Years Before Tested to First Human Patient: Report
Neuralink has recently disclosed that the tiny wires inside its first human patient's brain shifted position, which was reportedly an issue that Elon Musk's company has known for years...
Pfizer, AstraZeneca Pledge Nearly $1 Billion Investments in France
Pfizer and AstraZeneca have announced massive investments in France totaling nearly $1 billion...
Walmart Closes Health Centers, Causing Longer Drives and Wait Times For Patients
The closure of Walmart's health centers will make healthcare access difficult for rural and low-income Americans, particularly in Arkansas, Florida, Georgia, Illinois, and Texas...
Insulin Pump App Recalled After Glitch Caused Over 200 Injuries
Over 200 individuals have suffered injuries due to a glitch in a popul...
Ascension Hit by Cyberattack, Disrupting Operations at Some of Its Hospitals
Major healthcare nonprofit Ascension said a cyberattack had interrupte...
Latest News
India Agribusiness Fund invests INR75 crore in Beloorbayir Biotech
Private equity firm Agribusiness invested INR75 crore in Bangalore, India-based nutraceutical and pharmaceutical ingredients supplier Beloorbayir Biotech for the latter's product development and inter
The Africa Group picks up 25pct stake in Ethiopia's Telemed
US-based boutique advisor and venture capital firm The Africa Group (TAG) picked up a 25% stake in Ethiopia-based health systems engineering services provider Telemed Medical Services (Telemed) for an
Intel to pour $15M into Israeli smarglasses startup OrCam
Intel Capital is planning to pour $15 million in funding into Jerusalem, Israel-based smartglasses maker to continue helping visually impaired people using the startup's product.
CapMan Buyout X fund to buy majority stake in Finnish sauna business Harvia Oy
CapMan Buyout X fund has agreed to buy a majority stake in sauna business Harvia Oy, a statement about the funding said. Financial terms of the deal were not disclosed.
UK-based PayasUgym secures £1.6 million more in new funding round
UK-based PayasUgym has obtained £1.6 million in a new round led by Albion Ventures, MMC Ventures and other angel investors, bringing to £3.5 million its funding total to date, TechCrunch reported.
AMRI buys Wisconsin pharma firm Cedarburg for $41M
Albany Molecular Research Inc bought Grafton, US-based pharmaceutical ingredients manufacturer Cedarburg Hauser Pharmaceuticals in a deal valued at $41 million that will up its 2014 revenue by $14 mil
Canada-based PHEMI Health Systems bags $2.8M in seed round
PHEMI Health Systems, a Canada-based big data platform, has bagged a seed funding round of $2.8 million from various investors, a statement about the funding said.
Costa Rican startup Natural Sins helps fight obesity by making snacks made of fruit and vegetables
San Jose, Costa Rica-based healthy food startup Natural Sins sells baked snacks made of real fruits and vegetables in a bid to help fight obesity.
Indian software firm Persistent Systems invests in California hygiene startup Hyginex
Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its interna
