Adagio raises a monster $336M round for bespoke COVID-19 drug battle

Adagio raises a monster $336M round for bespoke COVID-19 drug battle

Adagio Therapeutics has nabbed a massive $336 million series C from a who’s who of investors as it more than triples its previous funding drive last year. The company raised $50 million in its debut last year and $80 million in November; Now, as vaccines …
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Volvo to Provide Vehicles for Didi's Self-Driving Test Fleet

Volvo Cars will provide hundreds of XC90 SUVs equipped with driverless technology to Didi Chuxing’s test fleet of robo-taxis, hoping it’ll pave the way to potential mass production. The cars will be the first to integrate Didi’s new self-driving hardware platform, …
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XPRIZE announces grand prize winners in carbon capture contest

UCLA CarbonBuilt will receive a grand prize of $7.5 million for its work at the Wyoming Integrated Test Center in Gillette, the contest announced in a Monday morning news release. The technology injects flue gas …
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Coca-Cola earnings beat expectations, vaccine rollout drives confidence for the year

“We are encouraged by improvements in our business, especially in markets where vaccine availability is increasing and economies are opening up, and we remain confident in our full year guidance,” said James Quincey, chief executive of Coca-Cola in a …
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Fortune Hotels opens property in Hubballi, Karnataka

Fortune Hotels, the wholly owned subsidiary of ITC Ltd, on Monday announced the opening of its first hotel in Hubballi, Karnataka, making it their sixth hotel alliance in the state. “Located close to the airport, we are confident that the hotel will see great success …
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