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Lehi based Owlet closes business combination with SPAC to begin trading on the NYSE

PRESS RELEASE: LEHI, Utah–(BUSINESS WIRE)–Owlet, Inc. (NYSE: OWLT) (“Owlet” or the “Company”), a company building a connected and accessible nursery ecosystem that brings technology and vital data to modern parenting, today announced that it has completed its business combination with Sandbridge Acquisition Corporation. (NYSE: SBG) (“Sandbridge”), a special purpose acquisition company. The business combination and concurrent private placement, which were approved by Sandbridge�...
United States Laura Durr Amy Mccullough Lior Susan Ken Suslow Zane Burke

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Tenstorrent Raises over $200 million at $1 billion Valuation to Create Programmable, High Performance AI Computers

Tenstorrent Raises over $200 million at $1 billion Valuation to Create Programmable, High Performance AI Computers News provided by Share this article Share this article TORONTO, May 20, 2021 /PRNewswire/ - Tenstorrent, a hardware start-up developing next generation computers, announced today that it has raised over $200 million in a recent funding round that values the company at $1 billion. The round was led by Fidelity Management and Research Company and includes additional investments from ...
United States Jim Keller Tenstorrent Grayskull Tenstorrent Inc Silicon Valley Eclipse Ventures

University of Michigan commits $95m to Eclipse Ventures, Chengwei Ventures

University of Michigan commits $95m to Eclipse Ventures, Chengwei Ventures Premium The University of Michigan has committed a total of $95 million to the US-based venture capital firm Eclipse Ventures, and the Chinese VC Chengwei Ventures, the regents of the institution said in a statement. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Dail...
United States University Of Michigan Eclipse Ventures ஒன்றுபட்டது மாநிலங்களில் பல்கலைக்கழகம் ஆஃப் மிச்சிகன் கிரகணம் முயற்சிகள்

Cellares gets $82M to make cell therapy manufacturing automated, scalable

MedCity News Cellares gets $82M to make cell therapy manufacturing automated, scalable Cell therapy manufacturing is currently a manual, multi-step process that takes weeks. Startup Cellares, which is developing a system that automates the process and makes manufacturing scalable, will use the Series B financing to accelerate its work. Shares0   Talk to enough biotech industry folks and the phrase “the product is the process” is bound to come up. It refers to cell therapies, which are ma...
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