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Turntide Tech Attracts Celebrity Investors

Bill Gates’ Breakthrough Energy Ventures and Robert Downey Junior’s Footprint Coalition have put their faith in Turntide this quarter. This helped the organization raise US$80 million during its most recent round of funding. Amazon’s…

Allergy Amulet Earns Additional Seed Funding

Medical supply start-up Allergy Amulet has raised more seed funding, bringing the total amount raised to $4.1 million. The contributing investors include Cincinnati-based Lightship Capital and New York-based AllerFund. Allergy Amulet…

Crocs Reduced to Junk-Bond Despite Revenue Climb

Even as its stock surged early this year, a revenue increase amid the pandemic, and a promising projection of 20-25% revenue growth for 2021, Crocs, Inc. faces junk bond status. Moody's recently downgraded the American foam clog…

ByteDance Acquires Gaming Studio Moonton

TikTok owner ByteDance announced on Monday that its video game unit Nuverse has agreed to acquire gaming studio Moonton Technology. According to Reuters, the deal values Moonton at about $4 billion. ByteDance declined to comment on the…


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