Spanish menswear brand Edmmond launches funding round to fuel growth, eyes 17 million euro turnover by 2030

Spanish menswear business Edmmond expects reach a sales total of 5 million euros and EBITDA total of 600,000 euros in 2025. The global brand is focusing on boosting its EBITDA margin and has just launched a funding round with a view to raise 1.5 million euros to boost expansion and implement its growth plan. This includes reaching 17 million euros in turnover by…

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Elon Musk’s xAI in New Funding Talks

Elon Musk’s artificial intelligence start-up, xAI, is in talks to raise new financing that could value it at as much as $120 billion, up from $80 billion little more than a month ago, two people with knowledge of the discussions said. The talks are in the early stages, and xAI’s valuation could rise or fall…

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Trump Budget Cuts Funding for Chronic Disease Prevention

Robert F. Kennedy Jr., the nation’s health secretary, has said that tackling a chronic disease “epidemic” would be a cornerstone of his Make America Healthy Again agenda, often invoking alarming statistics as an urgent reason for reforming public health in this country. On Friday, President Trump released a proposed budget that called for cutting the…

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Fairly Made completes funding round worth €15 million

Translated by Nicola Mira Published April 3, 2025 Three years after a €5 million funding round with ETF Partners and the Frenchfounders investor network, French company Fairly Made, which has developed a solution for measuring the environmental impact of products, has completed a new funding round. Camille Le Gal and Laure Betsch, founders of Fairly…

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