In the rapidly evolving landscape of venture capital, remaining agile and responsive to market shifts is crucial. Czech-based venture capital firm Presto Ventures, founded in 2016 by Premysl Rubes, exemplifies this approach. The firm, known for its strategic investments across Central and Eastern
W.P. Carey (WPC -1.64%), a diversified real estate investment trust (REIT), has been actively transforming its portfolio to enhance its growth prospects. In the latter part of 2023 and early 2024, the company strategically exited the office sector and disposed of other non-core properties. These
The health tech industry is witnessing a significant acquisition by New Mountain Capital, a private equity firm that has announced plans to acquire Machinify, an AI-driven software platform specializing in healthcare payments. This move follows the earlier merger of The Rawlings Group, Apixio’s
The escalating threat of wildfires, particularly in regions like California, has necessitated a shift from traditional fire prevention methods to more advanced technological solutions. This article delves into the innovative landscape of "firetech" startups that are pioneering new ways to combat
The dramatic downfall and unexpected revival of Bench, a venture capital-backed accounting startup, has captured the attention of the business world. Bench, based in Canada, was well-known for offering bookkeeping and tax services to small and mid-sized businesses via a tech-forward platform. Over
As the demand for AI technologies continues to rise, Microsoft is positioning itself at the forefront with an ambitious plan to invest $80 billion in AI-enabled data centers for the fiscal year ending June 30, 2025. This substantial investment, with more than half directed towards the United
