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Israeli startup Bria, specializing in enterprise visual generative AI, has secured $40 million in a Series B funding round, raising its total capital to $65 million. The investment, led by Red Dot Capital, will help scale its platform that generates licensed AI content while ensuring intellectual property compliance through a patented attribution engine. Bria collaborates with over 30 data providers and has partnered with major tech firms like Nvidia, Microsoft, and AWS, earning recognition as AWS Design Partner of the Year.
Israeli startup Bria, specializing in enterprise visual generative AI, has secured $40 million in a Series B funding round, raising its total capital to $65 million. The investment, led by Red Dot Capital, will help scale its platform that generates licensed AI content while ensuring intellectual property compliance through a patented attribution engine.Bria collaborates with over 30 data providers, including Getty Images and Envato, and offers integration via source code and APIs. The company has also partnered with Nvidia, Microsoft, and AWS, earning recognition as AWS Design Partner of the Year.
This week marked a significant surge in mergers and acquisitions across Asia's tech landscape, with 86 deals totaling over US$680 million. Notable transactions include Zolve's US$251 million funding in India and Otorio's US$120 million acquisition by Armis in Israel. The momentum suggests a robust start to March, potentially signaling a revitalization in the region's investment climate.
This week saw a surge in mergers and acquisitions across Asia's tech landscape, with 86 deals totaling over US$680 million. Notable transactions include Zolve's US$251 million funding in India and Otorio's US$120 million acquisition by Armis in Israel. The momentum suggests a robust start to March as the region's startup ecosystem continues to evolve.
Gilda Rosenberg, a Florida woman, was convicted for her involvement in a scheme to conceal over $90 million in offshore accounts across multiple countries, including Switzerland and Panama. She and her family failed to report these assets to the U.S. government and evaded taxes, resulting in an estimated loss of nearly $2 million in IRS revenue. Facing sentencing on May 30, Rosenberg could receive up to five years in federal prison, adding to her previous federal conviction for defrauding military services.
Minimarts in Indonesia are becoming a key focus for online brands seeking to tap into the offline retail market, offering convenience and unique products. Meanwhile, Indian startup Scimplify has raised US$40 million in a Series B round to expand its specialty chemical manufacturing services. Other notable developments include Pentera's US$60 million funding for cybersecurity expansion and Scopely's acquisition of Niantic's gaming division for US$3.5 billion.
Minimarts in Indonesia are becoming a key focus for online brands seeking to tap into the offline retail market, offering convenience and unique products. Meanwhile, Indian startup Scimplify has raised US$40 million in a Series B round to expand its specialty chemical manufacturing services. Other notable developments include Pentera's US$60 million funding for cybersecurity expansion and Scopely's acquisition of Niantic's gaming division for US$3.5 billion.
Teva Pharmaceutical Industries reported a quarterly EPS of $0.70, surpassing estimates by $0.01, with a return on equity of 42.46% and a negative net margin of 9.91%. Director Roberto Mignone sold 286,000 shares, reducing his stake by 29.15%. Analysts project an EPS of 2.5 for the fiscal year, with a consensus rating of "Moderate Buy" and an average price target of $23.43.
Israeli fintech firm Rapyd has acquired PayU in a significant move to expand its market presence. The company has successfully raised $500 million to support this acquisition and further growth initiatives. This strategic investment highlights the ongoing evolution and competitiveness within the fintech sector.
Israeli fintech firm Rapyd has acquired PayU in a significant move to expand its market presence. The company has successfully raised $500 million to support this acquisition and further growth initiatives. This strategic investment highlights the ongoing evolution and competitiveness within the fintech sector.
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Israeli startup Bria secures 40 million dollars in series B funding
07:20 16.03.2025
Israeli startup Bria secures 40 million dollars in series B funding
07:20 16.03.2025
Asia's tech sector sees record M&A activity and significant funding deals
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10:30 15.03.2025
asia's tech sector sees surge in mergers and acquisitions this week
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online brands venture into minimarts to capture new markets in indonesia
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online brands venture into minimarts to capture new markets in indonesia
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teva pharmaceutical beats earnings estimates amid insider stock sale
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Israeli fintech firm Rapyd acquires PayU in significant $500 million deal
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Israeli fintech firm Rapyd acquires PayU in significant $500 million deal
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