OrbiMed Raises $1.86 Billion for Healthcare Royalty & Credit Fund V

NEW YORK, Aug. 4, 2025 /PRNewswire/ — OrbiMed, a leading global healthcare investment firm, today announced it has raised $1.86 billion in commitments for OrbiMed Royalty and Credit Opportunities Fund V. Consistent with its predecessors, Fund V will provide tailored investment solutions to growth-oriented healthcare companies, with a focus on non-dilutive credit and royalty-based financing. OrbiMed […]

IFCO and Identiv Form Strategic Partnership to Enhance Digital Traceability in the Global Fresh Grocery Supply Chain

Identiv’s New BLE Smart Label Will Enable Real-Time Monitoring of IFCO’s Global Reusable Packaging Pool SANTA ANA, Calif., Aug. 4, 2025 /PRNewswire/ — Identiv, Inc. (NASDAQ: INVE), a global leader in RFID- and BLE-enabled Internet of Things (IoT) solutions, and IFCO, the world’s leading provider of reusable packaging solutions for grocery products, announce a strategic […]

ATG Acquires Chairish Inc. to Strengthen Leadership in the Global Art & Antiques Market

Acquisition brings together trusted marketplaces for auction and fixed-price formats – enhancing how people discover, shop, and sell vintage furnishings, art, and one-of-a-kind design pieces. LONDON, Aug. 4, 2025 /PRNewswire/ — Auction Technology Group plc (“ATG”), operator of a portfolio of trusted marketplaces that help people discover and buy unique, design-forward, and collectible pieces, today announced […]

AI startup PhnyX Lab secures $4 million in funding round led by SK Networks, with participation from Aidan Gomez, Illia Polosukhin, and other notable angel investors

SEOUL, South Korea and PALO ALTO, Calif., Aug. 4, 2025 /PRNewswire/ — PhnyX Lab, a pioneering GenAI startup transforming how life science companies operate, announced the successful close of a $4 million seed round through a Simple Agreement for Future Equity (SAFE). The round was led by SK Networks, with participation from several prominent angel […]

New EMA Research Highlights Keeper Security’s Strength in Modern Privileged Access Management

KeeperPAM® customers report easier deployments and stronger security controls compared toother PAM vendors CHICAGO, Aug. 4, 2025 /PRNewswire/ — Keeper Security, the leading zero-trust and zero-knowledge Privileged Access Management (PAM) platform protecting passwords and passkeys, privileged accounts, secrets and remote connections, today announces the release of a new global survey report from Enterprise Management Associates (EMA), Beyond […]

Wayfair Announces Second Quarter 2025 Results, Reports Highest Revenue Growth and Profitability Since 2021

Q2 Net Revenue of $3.3 billion with 21.0 million Active Customers BOSTON, Aug. 4, 2025 /PRNewswire/ — Wayfair Inc. (“Wayfair,” “we,” or “our”) (NYSE: W), the destination for all things home, today reported financial results for its second quarter ended June 30, 2025. Second Quarter 2025 Financial Highlights Total net revenue of $3.3 billion, increased $156 million, up 5.0% […]

Advancements Series to Broadcast on Saturday, August 9th at 8:00 pm ET

Tune in to Bloomberg TV to learn how the latest technologies and solutions are driving society further into the future. JUPITER, Fla., Aug. 4, 2025 /PRNewswire/ — Advancements with Ted Danson is scheduled to broadcast on Saturday, August 9, 2025. Continue Reading August 9th Broadcast With a look at recent advances taking place across the […]

Contractor in Charge and Kanara Technology Enterprise, Inc. announce strategic partnership

The leading provider of back-office solutions company and Kanara CEO Lorenzo Plaath will join forces to provide ‘a complete life cycle of professional services’ TAMPA, Fla., Aug. 4, 2025 /PRNewswire/ — Contractor in Charge, the top provider of start-to-finish 24/7 customer engagement, appointment booking, full-service bookkeeping and controller services for home service contractors, announces a strategic […]

Otis and Sobha Realty Continue to Elevate Luxury Living in Dubai

DUBAI, UAE, Aug. 4, 2025 /PRNewswire/ — Otis Worldwide Corporation (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company, will provide and install 76 elevators at the Riverside Crescent project by Sobha Realty – a leading global luxury real estate developer. Otis will install advanced elevator systems including 50 Otis Skyrise®, 12 Otis Arise™ and […]

Five Star Franchising names Ben Kramer as Brand President of Bio-One

Seasoned home service executive to lead strategic growth for the trusted biohazard cleanup franchise SPRINGVILLE, Utah, Aug. 4, 2025 /PRNewswire/ — Five Star Franchising, a growing platform of home services franchise brands, announces Ben Kramer as Brand President of Bio-One, a nationally trusted provider of biohazard cleanup and decontamination services. Continue Reading Experienced franchise executive Ben […]