Venture
fromDaily Coffee News by Roast Magazine
6 days agoWatchHouse Lands $14.8 Million Series B Round with Eyes on U.S.
HighPost Capital invested £7.3 million (US$9.9m) in WatchHouse to fund the specialty coffee chain's U.S. expansion.
A leader of a company gathering steam as a data and artificial intelligence provider to the Defense Department has been arrested for allegedly soliciting an underage girl for sex. Eric T. Gillespie, the founder and chairman of Govini, has been charged as part of a sting operation by the Pennsylvania attorney general's office and the Lebanon County, Pennsylvania district attorney's office.
The acquisition advances a strategy outlined when European growth investor Verdane took a majority stake in Cropster in October 2024, signaling an intent to expand internationally through mergers and acquisitions. Cropster has not publicly disclosed the financial terms of the Firescope acquisition, but a company announcement today said further acquisitions are planned as Cropster deploys a "sizable war chest" from Verdane.