Tech groups use residual-value guarantees to lower AI financing costs
Large technology companies are increasingly using residual-value guarantees to finance AI equipment off their balance sheets, the Financial Times reports. The guarantees apply the companies' credit strength to the hardware's futur...
Novadip raises €10.4 million to complete pivotal bone-graft trial
Belgian regenerative-medicine company Novadip Biosciences has closed a €10.4 million convertible financing led by New Science Ventures. The funding will support completion of an ongoing Phase 3 trial in the United States and Europ...
Metris Energy raises €4.35 million and launches renewable-asset AI interface
London-based Metris Energy raised a €4.35 million Seed round and introduced Metria AI, an interface designed to perform tasks previously handled manually by renewable-energy operations teams. PT1 Ventures, Octopus Ventures, AENU a...
xFarm buys Sibium Analytics, adding 8 million monitored hectares
Agricultural software provider xFarm Technologies has acquired Brazil-based Sibium Analytics, adding more than 8 million monitored hectares and nine large sugarcane producers to its platform. xFarm already served more than 600,000...
Altis Labs raises $25 million for oncology-trial AI
Altis Labs raised a $25 million Series A, CEO Felix Baldauf-Lenschen told Axios Pro. The AI software company analyzes CT scans taken during oncology trials and produces predictions tied to patient survival, supporting a drug-devel...
Motherson agrees to buy control of Rotary Connectors at ₹500.4 crore value
Samvardhana Motherson International has agreed to acquire 50.1% of Bengaluru-based Rotary Connectors through its Adsys Tech subsidiary, valuing the aerospace and defense connector maker at ₹500.4 crore. The transaction is expected...