Tuesday, August 16, 2022

Improbable gets $150m to create M², a metaverse network and ecosystem

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Improbable, the UK-based metaverse technology company, announced that it has raised US$150 million in funding to establish and develop M² (MSquared), a network of interoperable Web3 metaverses powered by its Morpheus technology. The global metaverse revenue opportunity is expected to be worth $800bn by 2024, according to Bloomberg Intelligence, and has seen heavy investment in recent months.

Web3 security firm CertiK doubles valuation to $2 billion in 3 months

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CertiK, a global Web3 and blockchain security firm headquartered in New York, announced the completion of an oversubscribed $88m Series B3 financing round. This investment is led by Insight Partners, Tiger Global, and Advent International, with participation from Goldman Sachs and existing investors such as Sequoia and Lightspeed Venture Partners. This latest funding now brings CertiK’s valuation to $2 billion in just 3 months since its last round of funding. This is the fourth round of capital raised by CertiK in the past nine months, altogether totaling $230 million. Blockchain security continues to see strong demand, which has led to substantial growth at CertiK as the leader in the category.

New educational carbon accounting glossary launched by Normative

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Normative, the first carbon accounting engine, has unveiled a Carbon Glossary, which collects carbon accounting’s most common terms, abbreviations, and frameworks in one place. Carbon accounting is a relatively new field, and one that is rife with jargon. The Carbon Glossary helps people decode its most frequently-used concepts, whether they are new to the area or they are veterans looking to brush up on their knowledge.

Medline International to acquire medical products supplier ASID BONZ

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Medline International B.V., a manufacturer of healthcare supplies in Europe, and Medi-Globe Group, headquartered in Germany, announced that Medline has entered into a definitive agreement to acquire 100% of shares of ASID BONZ GmbH from Medi-Globe Group. ASID BONZ is a leading supplier to hospitals in Germany, offering high-quality surgery, anesthesia, ward-supply and urology products. ASID BONZ was founded in 1811 and is known worldwide for the development of the first anesthetic ether. In 2021, ASID BONZ recorded over 30million Euros in revenues and served over 1100 hospitals in Germany.

Work about work is hampering company agility, says new study

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Asana, Inc., a work management platform, released its annual Anatomy of Work Index, an in-depth analysis into how people spend time at work. While hybrid and remote work trends have afforded greater flexibility for employees, the majority of their day, 58%, is still being lost to work coordination rather than the skilled, strategic jobs they’ve been hired to do.

Cyara acquires Botium, adds Chatbot testing to customer experience

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Cyara, provider of the award-winning Automated Customer Experience (CX) Assurance Platform, closed its acquisition of industry-leading automated chatbot testing company, Botium, which adds chatbot and conversational AI testing capabilities to its portfolio, further solidifying its position as the global leader in the CX testing and assurance market.

Who Let The Doc Out?! #022: Here are 5 things that medical TV shows...

Medical dramas have become something of a nightmare for many medical professionals. They are often fraught with blatant inaccuracies which dramatically alter patient expectations, a phenomenon physicians are calling The Grey’s Anatomy Effect.

Data access leader Immuta enters Australian and New Zealand Market

Immuta, an automated data access and data security protection firm, announced its expansion into the ANZ markets with the addition of new clients and new hires in the region.

NetApp announces intent to acquire industry leader Instaclustr

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NetApp®, a global, cloud-led, data-centric software company, announced that it has signed a definitive agreement to acquire Instaclustr, a leading platform provider of fully managed open-source database, pipeline and workflow applications delivered as a service. The acquisition is subject to customary closing conditions. Cloud applications rely on a set of foundational services like open-source databases, data pipelines, and workflow solutions.

Fintech PayRetailers acquires Chile’s Paygol and Colombia’s Pago Digital

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PayRetailers, a FinTech payment specialist, announced the acquisition of two online payments platforms, Chile’s Paygol and Colombia’s Pago Digital. The deals strengthen PayRetailers’ depth as it moves to realise the potential of e-commerce payments across Latin America. Paygol and Pago Digital fit PayRetailers’ acquisition criteria, providing innovative tech and financial product suites, a clear client focus, robust financial safeguards and cross border payment capabilities — alongside presence within, and understanding of, local markets.