From Headphone Retailer to Tech Founder: How Andrew Lissimore’s Retention Struggle Spawned Lantern
When Andrew Lissimore found himself constantly pouring money into customer acquisition for his audio gear business Headphones.com, he realized the…
Category: Business
Harvard endowment swells to nearly $57 billion, donations reach a record
Harvard’s Investment Strategy Drives Endowment to Historic $56.9 Billion Peak Record Returns Amid Political Tensions Harvard University’s endowment has reached…
Voting Tech Giant Faces Expanded Federal Charges in International Bribery Scandal
In a significant escalation of legal proceedings, global voting technology provider Smartmatic has been formally added to a federal indictment…
BlackRock’s $40B data center deal opens a new infrastructure battle for CIOs
BlackRock’s $40B Data Center Acquisition Reshapes Enterprise IT Infrastructure Landscape Private Equity Consolidation Creates New Compute Power Dynamics A landmark…
Apple and NBCUniversal Forge Streaming Alliance with Combined TV-Peacock Package
In a strategic move that reshapes the streaming landscape, Apple TV+ and NBCUniversal’s Peacock have announced a groundbreaking partnership to…
Google launches new tools to poach more corporate customers from Microsoft 365
Google Takes Aim at Microsoft 365 Reliability With New Migration and Continuity Tools Strategic Move Targets Enterprise Vulnerabilities In a…
Chobani’s $20 Billion Valuation Marks New Era for Food Manufacturing Innovation
Greek yogurt pioneer Chobani has achieved a monumental $20 billion valuation following a massive $650 million funding round, signaling a…
The C-Suite Playbook for Scaling Physical AI Beyond Experimental Deployments
The corporate landscape is witnessing a fundamental shift as artificial intelligence transitions from digital interfaces to tangible, real-world applications that…
TED Stays True To Mission: Why The Organization Chose Nonprofit Status Over Acquisition
TED Chooses Nonprofit Path Over Acquisition, Appoints New Leadership TED’s Mission-Driven Decision After a comprehensive nine-month search that attracted over…
Chobani Seeks $650 Million Funding at $20 Billion Valuation Amid Expansion Push
Yogurt giant Chobani is reportedly raising $650 million in new funding that would value the company at approximately $20 billion. Founder Hamdi Ulukaya’s stake in the company has reportedly increased his net worth to $13.5 billion according to Forbes estimates.
Chobani’s Major Funding Round and Valuation Surge
Yogurt market leader Chobani is reportedly raising $650 million in new funding that would value the privately-held company at approximately $20 billion, according to recent financial reports. The capital raise comes as the company continues to expand beyond its core yogurt business into adjacent food and beverage categories through strategic acquisitions.