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Wilmington Business News

Business News
Regional

Aimfinity Investment Extends Deadline for Business Combination

May 30, 2024May 29, 2024 - by Timothy Alexander

WILMINGTON, DE — Aimfinity Investment Corp. I (Nasdaq: AIMAU) has extended the deadline to complete its initial business combination from May 28, 2024, to June 28, 2024. The extension comes …

Aimfinity Investment Extends Deadline for Business Combination Read More

Incyte
Regional

Incyte Expands Delaware Presence with New Wilmington Buildings

May 28, 2024May 27, 2024 - by Timothy Alexander

WILMINGTON, DE — Incyte (Nasdaq: INCY) announced its expansion in Delaware with the acquisition of two buildings in downtown Wilmington. Located at 1100 North King Street and 1100 North French …

Incyte Expands Delaware Presence with New Wilmington Buildings Read More
Dr. Seth Dobrin
Regional

Dr. Seth Dobrin Named Among Top Data Leaders in DataIQ 100 List

May 26, 2024May 26, 2024 - by Timothy Alexander

WILMINGTON, DE — Dr. Seth Dobrin, CEO of Qantm AI and founder of Silicon Sands Venture Studios, has been recognized as one of the most influential figures in data and …

Dr. Seth Dobrin Named Among Top Data Leaders in DataIQ 100 List Read More

Business News
Regional

Onfolio Holdings Reports Strong Q1 Performance, Edges Closer to Profitability

May 21, 2024May 21, 2024 - by Timothy Alexander

WILMINGTON, DE — Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) has announced encouraging financial results for the first quarter ending March 31, 2024. The company showed marked improvements in revenue, gross …

Onfolio Holdings Reports Strong Q1 Performance, Edges Closer to Profitability Read More
The Apache Software Foundation
Regional / Technology

Apache Pekko Emerges as a New Beacon for Open-Source Developers After Graduating to Top-Level Project

May 16, 2024May 16, 2024 - by Timothy Alexander

WILMINGTON, DE — The software development landscape took a notable turn this week as the Apache Software Foundation (ASF) announced the graduation of Apache Pekkoâ„¢ from its incubation phase to …

Apache Pekko Emerges as a New Beacon for Open-Source Developers After Graduating to Top-Level Project Read More

Artificial intelligence
Regional

New Venture Fund Sets Sights on Ethical AI Development

May 12, 2024May 12, 2024 - by Timothy Alexander

WILMINGTON, DE — Silicon Sands Venture Studio and 1infinity Ventures have launched a new venture fund. This initiative brings together an impressive team of industry veterans, including Jiazi Guo, Dr. …

New Venture Fund Sets Sights on Ethical AI Development Read More
Ashland
Regional

Ashland Inc. Welcomes Tech Innovator Ashish K. Kulkarni to its Board of Directors

May 11, 2024May 10, 2024 - by Timothy Alexander

WILMINGTON, DE — Ashland Inc. (NYSE: ASH), a global leader in specialty chemical solutions, announced this week the appointment of Ashish K. Kulkarni to its Board of Directors, effective May …

Ashland Inc. Welcomes Tech Innovator Ashish K. Kulkarni to its Board of Directors Read More

Diversified
Kennett Square

Diversified LLC Raises $19,500 for Kennett Area Community Services

May 10, 2024May 10, 2024 - by Laron Gray

WILMINGTON, DE — Diversified, LLC, a Wilmington-based financial planning firm, hosted a charity golf event to benefit Kennett Area Community Services (KACS) on May 6th at DuPont Country Club. KACS …

Diversified LLC Raises $19,500 for Kennett Area Community Services Read More
Prelude Therapeutics
Regional

Prelude Therapeutics Progresses in Cutting-Edge Cancer Treatment Development

May 10, 2024May 9, 2024 - by Timothy Alexander

WILMINGTON, DE — Prelude Therapeutics Incorporated (Nasdaq: PRLD) recently shared its first quarter financial results. But even more newsworthy is the ongoing progress and future milestones slated for its novel …

Prelude Therapeutics Progresses in Cutting-Edge Cancer Treatment Development Read More
Ashland
Regional

Ashland Inc. Sells Nutraceuticals Division to Turnspire Capital

May 10, 2024May 9, 2024 - by Timothy Alexander

WILMINGTON, DE — Ashland Inc. (NYSE: ASH), a global specialty chemicals company, has reached an agreement to divest its nutraceuticals business to private equity firm Turnspire Capital Partners LLC. The …

Ashland Inc. Sells Nutraceuticals Division to Turnspire Capital Read More

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