Schneider Electric to acquire AutoGrid for new expansions and innovations

AutoGrid, a leader in artificial intelligence (AI)-driven optimization for distributed energy resources (DERs), has signed a definitive agreement to be acquired by Schneider Electric, the global specialist in energy management and automation. The transaction is subject to regulatory approval and other customary closing conditions and is expected to close in Q3, 2022. The acquisition will […]
Crown Bioscience partners MBL to further its preclinical services to Japan

Crown Bioscience and Medical & Biological Laboratories (MBL), JSR Life Sciences companies, recently announced the formation of a joint venture, to further expand the provision of Crown Bioscience’s preclinical services to Japanese customers. The new entity named “Crown Bioscience & MBL”, is a long-term strategic partnership that is expected to accelerate growth for both companies. The […]
PowerPay launches solar financing program for homeowners

PowerPay, a financial technology company that provides consumer lending for home improvements and elective healthcare, is announcing the launch of a solar financing program aimed at making clean energy affordable for more homeowners. The demand for sustainable energy sources continues to grow at a rapid pace. These projects have high upfront material and labor costs. […]
BridgerPay raises USD 6mn for self-onboarding payment operations

BridgerPay recently closed an addition to its seed round, led by Nati Harpaz (ex catch.com CEO) and SIBF, raising USD 6 million in equity and secondary. “We used the capital,” said Ran Cohen “to build the world’s first self-onboarding payment operations platform making BridgerPay a full SaaS product, recruit world-class talent, and scale our go-to-market strategy.” According to Bridgerpay, […]
BASF introduces new engineering plastic for electric cars

BASF is expanding its portfolio of flame-retardant engineering plastics for the eMobility market. High technical requirements from the industry require innovative solutions based on PA66. In the case of already proven Ultradur (PBT) products, color stability can be largely guaranteed, especially in orange (RAL 2003) which is in high demand in the industry. Conventional polyamides, however, […]