AI
Otovo Raises $3M to Fund AI Energy Platform Expansion
Otovo completed a $3 million private placement, taking capital raised above $40 million as it funds acquisitions and its Endurance AI platform.
Capital RaiseTag: Capital Raise
Latest
Bolt Buys Prana and Raises $120M for PRA-216 Clinical Trials
Bolt acquired Prana Therapies and arranged $120 million in upfront financing to advance PRA-216 and its inflammatory-disease pipeline.
Markets
Zai Lab Raises $250M to Fund Zoci Cancer Drug Development
Zai Lab’s $250 million PIPE will finance zoci development as investors weigh dilution, clinical milestones and an expected October 27 closing.
AI
Schneider Raises €6B to Fund PTC Deal at 4.99% Discount
Schneider Electric placed 25 million shares at €240 to raise €6 billion for its planned PTC acquisition and complete the equity portion of financing.