AMPECO raises USD 16 mln in venture capital investment
AMPECO has raised a total of USD 16M in venture capital investment after having closed a Series A funding round of USD 13M led by BMW i Ventures. The funding will be used to drive further expansion into North America with a local presence while growing AMPECO’s engineering and product innovation teams. In addition to […]
Renesas Electronics unveils new driver ICs for EVs
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, recently announced a new gate driver IC that is designed to drive high-voltage power devices such as IGBTs (Insulated Gate Bipolar Transistors) and SiC (Silicon Carbide) MOSFETs for electric vehicle (EV) inverters. Gate driver ICs are essential components to EV inverters, providing an interface between […]
Broadhill Capital releases its 2023 capital deployment plan
Broadhill Capital announced today that the firm will target to commit equity investment of USD 15 Billion across approximately 100-150 businesses. “We expect to make non-control equity investments into businesses that have the potential to achieve 5-10x revenue growth with our capital commitment,” stated investment committee member Francis König. “We separate ourselves by our willingness […]
Continental unveils new FOSS for advanced mobility applications
Continental promotes the development and use of open source software. The technology company has adopted a manifesto that emphasizes its commitment to collaborative work with Free and Open Source Software (FOSS). Open source software are programs whose source code is open and accessible. Corresponding software can be used, analyzed, modified and distributed by all users […]
BMW Group pushes digitalisation with new SAP partnership
The BMW Group will intensify its far-reaching strategic partnership with SAP SE. The aim is to significantly accelerate the digital transformation of the company. This was sealed by both companies on 25 January 2023. The premium manufacturer is building on its cloud strategy to digitalize faster, more comprehensively and more efficiently in the future. The […]
Grupo Antolin reveals new headliners from organic waste
Grupo Antolin takes another step forward in its firm commitment to sustainability and defossilization of mobility. The company is actively working with the supply chain to become a business reference for environmental commitment, contributing to the fight against climate change and supporting the transition to a low-carbon economy, thanks to a range of products with […]
KBZ Bank CEO Zaw Lin Aung Discusses the Bank’s Focus on Service Leadership
KBZ Bank, Myanmar’s largest privately-owned bank, is on a transformation journey spearheaded by Zaw Lin Aung, who was appointed as its new CEO in April 2022. An experienced banker who has served various leadership roles at KBZ Bank since 2015, Zaw Lin Aung is a true visionary who has pioneered new ways of financial inclusion […]
Covr announces partnership with Smart Choice
Covr Financial Technologies has partnered with Smart Choice to bring its digital insurance platform for independent agents, Covr Pro, to 9,500 Smart Choice agencies, allowing even more independent advisors to use Covr’s leading digital solution. “Covr Pro offers instant access to leading technology and comprehensive support that streamlines insurance transactions and improves client experiences,” said Ron Alexander, Covr President and Chief Innovation Officer. “We’re thrilled that our […]
Brandywine uses OSA 5422 from ADVA for defense applications
ADVA recently announced that Brandywine Communications is using its OSA 5422 grandmaster clock to deliver a robust and feature-rich M-Code timing solution for use cases such as US Department of Defense applications. The new edge synchronization offering addresses the key requirements of military networks by providing enhanced positioning, navigation and timing (PNT) capabilities and improved resilience. Built […]
TSFE and B Investments co-invest in Egypt’s healthcare sector
The Sovereign Fund of Egypt (“TSFE”) through its healthcare and pharmaceutical industries Subfund (“TSFE Healthcare & Pharma Subfund”) and B Investments Holding S.A.E. (“B Investments”), BPE Partners’ flagship investment vehicle, announce the signing of two agreements to invest over EGP 2 billion in specialized healthcare, and pharmaceuticals distribution and trade services in Egypt. The first […]
