Tech Startup Financing Hits Records

The world’s largest investment funds are descending on Silicon Valley with unprecedented financial force, roiling the once-niche business of technology startup funding and crowding out traditional venture capitalists. Hedge funds, mutual funds, pensions, sovereign-wealth groups and other financial institutions known as nontraditional

Valo Health Acquires Biotech Startup, Gaining Protein Technology

Valo Health LLC, a drugmaker valued at about $2.8 billion that has agreed to go public by merging with a blank-check company, has acquired a biotechnology startup and diversified its pipeline. Boston-based Valo has purchased Houston-based Courier Therapeutics Inc., gaining technology that

PsiQuantum Raises $450 Million to Build Its Quantum Computer

Quantum computing startup PsiQuantum Corp. has landed a $450 million investment led by funds and accounts managed by BlackRock Inc., amid increased investor interest in the next-generation computing technique. The funds will be used to expand its team, which currently has about

Chicago Casino Would Be Costly, Gambling Operators Say

Chicago leaders are searching for a company to build the city’s first casino, but big gambling operators are concerned that the government’s plans will be too costly to make the project feasible. The city is calling for a megaresort with hotel rooms,

Bain Capital Buys Medical-Device Parts Business

Bain Capital is buying medical-equipment parts and services company PartsSource Inc. from private-equity firm Great Hill Partners in a deal that values the company at about $1.25 billion, according to people familiar with the matter. PartsSource’s website connects customers, such as hospitals

1 2 3 5