Sequoia Capital collaborates with Mach Industries

Sequoia Capital collaborates with Mach Industries

Mach Industries, announced that it has raised $5.7M in a round led by Sequoia Capital and with participation from Marque VC and Champion Hill Ventures. This represents Sequoia’s first investment in a hardware defense technology company, adding to the firm’s history of partnering with companies that support US national security interests. The money will be used by […]

LG Electronics opts for VeriSilicon Vector and Graphics GPULG

LG Electronics opts for VeriSilicon Vector and Graphics GPULG

VeriSilicon (688521.SH) recently announced that LG Electronics, Inc. (LG) has adopted the company’s market-proven, low-power GCNanoUltraV 2.5D GPU for its next internal SoC intended for various applications in order to provide them with fascinating graphic functions. VeriSilicon’s Vivante GCNanoUltraV 2.5D GPU features the company’s compact, low-level VGLite API driver to support the famous Light and […]

Hithium inks agreement with FlexGen

Hithium inks agreement with FlexGen

Hithium, a stationary battery manufacturer, has signed its first business collaboration agreement with FlexGen. Both companies agreed on purchasing targets for the next three years. North Carolina-based FlexGen will support the procurement of 10GWh battery capacity from Hithium through project efforts or indirectly through partners leveraging its energy management system (EMS), HybridOS software and controls. The purpose […]