NIMBLE CLOSES $106 MILLION SERIES C FUNDING ROUND, SCALES FULLY AUTONOMOUS FULFILLMENT WITH FEDEX

SAN FRANCISCO--(BUSINESS WIRE)--Nimble, a pioneering AI robotics and autonomous e-commerce fulfillment technology company, today announced the successful closure of a $106 million Series C funding round elevating the company to a $1 billion valuation.

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TECH-ENABLED HOME SERVICES PLATFORM ZEPHYR LAUNCHES WITH NEARLY $100MM OF CAPITAL, LOOKS TOWARD NEW TECH AND GROWTH

Zephyr announced that it has raised over $60M in new growth capital led by Elda River Capital ("Elda River") and The Pritzker Organization (TPO). TPO looks for opportunities where it can create value for the family's interests and those of its partners and colleagues over a significant time horizon.

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IMIDOMICS, INC. APPOINTS LIFE SCIENCES INDUSTRY LEADER MATTHIAS EVERS, PH.D., TO BOARD OF DIRECTORS

IMIDomics, Inc., a pioneering private company focused on advancing precision medicines for immune-mediated inflammatory diseases (IMIDs), announced today that effective October 1, 2024, Matthias Evers, Ph.D., will join the company’s Board of Directors.

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FEDEX ANNOUNCES EXPANSION OF FEDEX FULFILLMENT WITH NIMBLE ALLIANCE

FedEx Corporation (NYSE: FDX) today announced a strategic alliance and investment with Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. To support this alliance, FedEx has made a strategic investment in Nimble.

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KBP BRANDS PURCHASES 85 SONIC RESTAURANTS; ADDS FOURTH BRAND TO RESTAURANT PORTFOLIO

KBP Brands, one of the largest and fastest-growing franchise operators in the United States, has acquired 85 SONIC restaurants across six states – Delaware, Georgia, Kentucky, North Carolina, South Carolina and Virginia. This purchase brings KBP's total restaurant portfolio, which also includes KFC, Taco Bell, and Arby's, to more than [...]

LEADING AVIATION MAINTENANCE PROVIDER MRO HOLDINGS SECURES STRATEGIC GROWTH INVESTMENT FROM BAIN CAPITAL

MRO Holdings Inc. (“MROH” or the “Company”), a leading provider of aircraft maintenance solutions for the global commercial airline industry, today announced that it has agreed to a strategic minority investment from Bain Capital to support the Company’s ongoing development and expansion of customer-centric initiatives. Financial terms [...]

STV GROUP, INCORPORATED ACQUIRES FLORIDA-BASED MEHTA AND ASSOCIATES, INC.

NEW YORK, NY – STV Group, Incorporated, a leading professional services firm that plans, designs and manages infrastructure projects across North America, today announced it has acquired MEHTA and Associates, Inc. (also known as MEHTA Engineering), an engineering and construction engineering inspection firm which has more than 75 professionals [...]

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