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Recent Articles

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Data-driven German publishing company Inkitt raises US$37M to fund expansion into AI-generated books, audiobooks, video, games; investors include Stefan von Holtzbrinck, owner of Holtzbrinck Publishing Group, former Penguin CEO Michael Lynton

Smurfit Kappa is most shorted stock around the world, according to Financial Times’s Alphaville blog; company is about to embark on a merger with WestRock, and the shorting is likely to be a flurry of hedge funds engaged in merger arbitrage

CSAA Insurance Group's US$25M support for California Wildfire Innovation Fund marks one-year anniversary; initiatives supported are Heartwood Biomass' new Tuolumne County site to convert forest byproducts, Tahoe Forest Products' sawmill in Sierra Nevada

International Finance Corp. will support Serbia's largest tissue paper producer Drenik with financing package for developing the country's first large-scale captive CHP biomass plant; it will replace grid electricity usage, reduce natural gas consumption

iPac Packaging Innovations, a manufacturer specializing in thermoformed packaging, secures £1M in new investment to launch its second site in County Durham, UK; company offers 100% recyclable products for the food and pharmaceutical industries

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