Venture

Aer Lingus calls for air travel resumption plan

Aer Lingus has weekly engagement with the Government on Covid-related issues By Will Goodbody Business Editor The interim chief executive of Aer Lingus has said the Government and the airline sector needs to start the planning for the resumption of air travel in a meaningful way once the pandemic subsides.  Donal Moriarty said aviation is a critical driver of the ...

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A Look Inside VC Firms Joining The SPAC Rush

This month’s batch of SPAC filings included its fair share of venture capital firms, with at least three firms filing S-1 documents with the U.S. Securities and Exchange Commission in February. Lerer Hippeau, Khosla Ventures and Advancit Capital all formed SPACs, according to SEC filings, with Khosla Ventures forming four blank-check companies. Forming a SPAC is another way for VC firms ...

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Electric Raises $40M To Help SMBs With IT Needs

Electric closed a $40 million Series C as the New York-based company looks to be the IT department for companies too small to have their own. The round was led by Greenspring Associates, with participation from Electric’s existing investors including Bessemer Venture Partners, GGV Capital, 01 Advisors and Primary Venture Partners. The company has raised more than $100 million since ...

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Icon buys PRA Health Sciences in $12bn deal

The combined company will remain headquartered in Dublin Irish contract research firm Icon is to buy rival PRA Health Sciences in a deal valued at about $12bn, expanding into virtual clinical trials that use patient data from mobile apps and wearable devices. The Covid-19 pandemic disrupted clinical trial enrollment and forced companies to adopt virtual trials or those that used new methods ...

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Creatio Looks To Go Big With Low-Code After $68M Raise

Boston-based Creatio has received its first outside funding, a $68 million minority stake the company hopes to use to allow its customers to adapt to the ever-changing business world. The raise was led by growth equity firm Volition Capital, with participation from Horizon Capital, a private equity firm investing in Europe. Creatio, a customer relationship and process management company, decided ...

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UL redefining computer science education

John Collison, co founder of payments company Stripe University of Limerick has collaborated with a number of major technology companies to design an Immersive Software Engineering programme, which will redefine computer science education. There is a huge demand for software engineers and computer scientists, but “the way students learn computer science needs to change” according to Professor Stephen Kinsella, co-director ...

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