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Remark Closes on $16 Million Series A Funding Round

The round was led by Inspired Capital, with participation from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures, bringing the company’s total funding to $27 million. Remark describes itself as an AI company making online shopping more human.

Revelyst Unveils Bozeman Innovation Center

The parent company of the Bell, Bushnell, CamelBak, Fox, Giro, and Simms Fishing brands, and others, has opened the Bozeman Innovation Center, a new hub of “outdoor gear excellence” for several of its brands.

Altri Acquires Majority Stake in Fiber Specialist AeoniQ

Portuguese fiber producer Altri SGPS S.A. has agreed to acquire a majority interest in Swiss clean technology company AeoniQ to support the commercial-scale development of a biodegradable cellulose-based filament designed to replace polyester and nylon.

Puma Extends Partnership with Borussia Dortmund

Puma’s partnership with Borussia Dortmund (BVD), the second most decorated German football team, with eight domestic league championships, five DFB-Pokals and six DFL-Supercups, began with the 2012/13 season.

Perfect Moment Raises $3M in Stock Sale

The London-based skiwear and activewear company reported that it sold 10 million shares for $0.30 a share. In addition, the company has granted the underwriters a 45-day option to purchase up to an additional 1.5 million shares to cover over-allotments

NSSF Hires Lisa Davis as VP of Human Resources

Davis brings over 25 years of HR leadership experience across multiple industries, including firearms, e-commerce, healthcare, manufacturing, and global IT consulting. She succeeds Deb Kenney, who recently retired after 29 years with the association.

FN America Names VP, Commercial Products

The manufacturer of firearms under the FN brand promoted Dan Hines to vice president of commercial products, effective June 2. He joined the company in 2023 as director of marketing.