Daily business news in the Great State of New York!
NEW YORK — HistoWiz, a digital histopathology service company, has raised $32 million in Series A financing. Histopathology is the study of diseases of tissue in the body. The company has provided automated histology for over 1000 customers in academia and industry and built PathologyMap, an intelligent tissue platform that hosts the world’s largest preclinical […]
NEW YORK — Mundi, a financial services platform for cross-border trade, has raised a $100 million warehouse facility from Silicon Valley Bank This will enable the company to expand and support its growth. “We are very excited to partner with Silicon Valley Bank in advancing our mission to empower SMEs to trade globally,” said Martin […]
NEW YORK — Music superstar Billie Eilish is launching her first perfume in partnership with Parlux called Eilish. The 19-year old from Los Angeles has been obsessed with scent her entire life, from a fascination with perfume bottles as a child to collecting hundreds of fragrances as she toured the world. To bring her first […]
NEW YORK — Electric, a provider of IT technology for small and medium-sized businesses, has raised $90 million in Series D funding. Existing investor GGV Capital led the round, with participation from existing investors Bessemer Venture Partners, Primary Venture Partners, Greenspring Associates, 01 Advisors, Atreides Management, Vintage Investment Partners and Slack, bringing Electric’s total amount raised […]
NEW YORK — Accounting firm Mazars announced that effective September 1, 2021, John Confrey, Rachel Efthemes, Timothy Evans, Melissa Gonzalez, Benjamin Hutterer, Samuel Pizzichillo, and Stephen Saluccio have been named Partners and Shiv Venkatraman has been named a Principal. “Each of the individuals named Partner or Principal this year has demonstrated a commitment to living The Mazars Way – not only delivering exceptional client service […]
NEW YORK — Clyde, a product lifecycle platform, has raised $41 million, including $25 million in Series B funding and $16 million in working capital, to enable merchants to create product lifecycle programs that grow revenue and drive loyalty. The funding round was led by Headline, with participation from Vulcan, Spark Capital, Crosslink and other […]
NEW YORK — WattBuy, a clean energy platform that helps consumers select more sustainable, affordable energy options, has raised $10 million in additional investment for its Series A round of funding. The round was led by SE Ventures, a venture capital fund backed by Schneider Electric, along with MCJ Collective. Existing investors also participating in this […]
NEW YORK — Ohi, an instant commerce platform that enables brands to meet their customers’ expectations of superfast delivery in under two hours, has completed a $19 million Series A funding round. Ohi will use the funds to expand its US operations to enable near-instant delivery of everything from CPG products to luxury goods in […]
United Airlines has announced the largest transatlantic expansion in its history, including 10 new flights and five new destinations – Amman, Jordan; Bergen, Norway; Azores, Portugal; Palma de Mallorca, Spain and Tenerife in the Spanish Canary Islands. All of the new routes – which are set to begin in Spring 2022 – are not served by any other North American carrier. […]
NEW YORK — Macy’s, Inc., the nation’s largest department store company, plans to hire 76,000 full- and part-time employees for the holidays at its Macy’s, Bloomingdale’s and Bluemercury stores along with call centers and distribution and fulfillment centers. Approximately 48,000 of these positions are for the holiday season, while the remaining jobs are permanent opportunities […]
ARMONK, NY — IBM has announced a suite of environmental intelligence software that leverages Artificial Intelligence (AI) to help organizations prepare for and respond to weather and climate risks that may disrupt business, more easily assess their own impact on the planet, and reduce the complexity of regulatory compliance and reporting. Companies are facing climate-related […]
NEW YORK — Blank Street, a Brooklyn-based specialty coffee company with 14 micro-format locations in Manhattan and Brooklyn, has announced a $25 million Series A investment led by General Catalyst and Tiger Global, along with additional strategic investors including Neil Blumenthal and Dave Gilboa (Founders, Warby Parker), Jeff Raider (Founder, Warby Parker and Harry’s), Joey […]
NEW YORK — Oshi Health, a virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics, announced a $23 million Series A funding round from leading healthcare venture capital funds and individual investors. The funds will be used to rapidly scale Oshi Health’s groundbreaking virtual-first, integrated approach to GI care delivery. Oshi Health’s evidence-based, […]
LATHAM, NY — Plug Power Inc., a provider of fuel cells powered by hydrogen, is teaming up with French auto maker Renault to introduce the HYVIA hydrogen ‘Renault Master Van H2-TECH prototype’. The vehicle was unveiled at the 2021 Plug Power Symposium, the first time the new hydrogen fuel cell powered van is being shown […]
For the first time since 2004, the National Hockey League (NHL) returns to ESPN with three exclusive national games this week starting with the season opener today at 7:30 p.m. ESPN has the primary broadcasting rights for the NHL after 17 years on NBC Sports and its cable networks.. Walt Disney, which owns ESPN, is […]