Normal, Illinois — According to state and local development sources, Rivian plans to invest $120,000,000.00 to build out new space in Normal. The company is creating 100 new jobs at this facility. The company plans…
Winston-Salem, North Carolina — According to state and local development sources, Polyvlies USA plans to invest $31,000,000.00 to build out new space in Winston-Salem. The company is creating 28 new jobs at this facility. The…
With $60M in total funding, Superblocks brings AI app generation into the enterprise — empowering teams to build internal apps securely and under IT’s control NEW YORK–(BUSINESS WIRE)–Superblocks, the leader in secure enterprise app development,…
General Catalyst leads the round with participation from Bain Capital Ventures, Activant Capital, and Bessemer Venture Partners SAN FRANCISCO–(BUSINESS WIRE)–Pallet, the company behind CoPallet, the AI workforce for logistics, today announced a $27 million Series…
New Credit Agreement Enables BuzzFeed, Inc. to Eliminate Convertible Debt in Full and Purchase 4.9% of Its Class A Common Stock NEW YORK–(BUSINESS WIRE)–BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) today announced it has…
Lancaster, South Carolina — According to state and local development sources, Oldcastle APG plans to invest $20,000,000.00 to build out new space in Lancaster. The company is creating 30 new jobs at this facility. The…
Salem, Virginia — According to state and local development sources, Novonesis plans to invest $5,000,000.00 to build out new space in Salem. The company is creating 5 new jobs at this facility. The company plans…
Highland Park, Michigan — According to state and local development sources, Norplas Industries Inc./Magna Exteriors plans to invest $6,800,000.00 to build out 450,000 square feet of new space in Highland Park. The company is creating…
SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (Joby; NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment…
PALO ALTO, Calif.–(BUSINESS WIRE)–Deccan AI, a fast growing startup that specializes in pristine data for AI model training and evaluations, has raised funding from Prosus Ventures. The investment will accelerate product development, expand the team,…