Senior Vice President of Caterpillar Inc. to assume additional responsibility
Caterpillar Inc. announced recently that Dr. Lou Balmer-Millar will assume responsibility for the Chief Sustainability Officer role in addition to her current responsibility as Senior Vice President of the Large Power Systems Division within the Energy and Transportation segment. Balmer-Millar succeeds Julie Lagacy, who was Caterpillar’s first Chief Sustainability & Strategy officer and is retiring February 1, 2023, after […]
Prairie Lithium Corporation to be acquired by Arizona Lithium Limited
Prairie Lithium Corporation, a private lithium resource and technology developer situated in the heart of the resource-rich Williston Basin in Saskatchewan, Canada, is pleased to announce that it has entered into a definitive pre-acquisition agreement with Arizona Lithium Limited, a company focused on the sustainable development of the Big Sandy Lithium Project in Arizona, pursuant to […]
Veoneer to hand over its active safety business to Magna
The automotive technology company Veoneer announced that it has entered into an agreement with Magna International Inc., a mobility technology company and one of the largest suppliers in the auto industry. Under the agreement Magna will acquire Veoneer’s Active Safety business from SSW Partners, a New York based investment partnership (“SSW”) for $1.525 billion in cash, subject to working […]
KYOCERA AVX joins IMC to advance IoT go-to-market
KYOCERA AVX, a manufacturer of antennas and RF chipsets, has joined the IoT M2M Council (IMC), the largest trade association dedicated to the nascent IoT sector. The company aims to improve speed-to-market for IoT adopters with a holistic approach to hardware and connectivity in product design. For its part, the IMC will provide the company […]
DevOps company Eficode receives strategic investment from Investcorp
Eficode has announced a significant investment from Investcorp, a leading global alternative investment firm. Investcorp becomes a majority shareholder in Eficode, and will partner with Eficode’s founder, Risto Virkkala, and CEO, Ilari Nurmi, to support Eficode through its next phase of ambitious growth and international expansion. Risto, Ilari, and the rest of the Eficode management team will […]
French Startup Sonio raises significant funds to accelarate fetal diagnostics
Sonio announces a €10M fundraising through the European Innovation Council Accelerator, the leading fund in supporting European deep-tech companies. For this cohort, among 1092 projects submitted, only 78 companies were selected by the EIC Accelerator. This fundraising (€2.5M in grant and €7.5M in equity investment) comes in addition to the €5M previously raised with Elaia, OneRagtime […]
Toyota collaborates with Oncor to step up EV charging ecosystem
Toyota Motor North America (Toyota) and Oncor Electric Delivery (Oncor), a Texas-based electric transmission and distribution company, have recently agreed to collaborate on a pilot project around vehicle-to-grid (V2G), a technology that allows vehicles to flow energy from their battery back onto the electric grid. The effort will be led by Toyota’s Electric Vehicle Charging Solutions […]
Certified Group invests in Kaycha Labs, TN Hemp and CBD Testing Laboratory
Certified Group, a leading North American provider of laboratory testing and regulatory consulting services, today announced an investment in the hemp and CBD laboratory testing business of Knoxville, Tennessee-based Kaycha Labs. This move adds critical hemp and CBD testing services to the breadth and depth of capabilities already offered by Certified Group and its collective entities. Certified […]
GLN and KB unite to establish global payment Network
GLN International (GLN), the global payment network company established by Hana Financial Group, signed MOU with KB Kookmin Bank to join the global payment network. One of the largest Korean bank which has fiercely competed in a global market, decided to cooperate with GLN to expand the network together. GLN (Global Loyalty Network) is global […]
ReNew Power signs renewable energy agreement with Microsoft
ReNew Power, India’s leading renewable energy company, recently announced that it has signed a renewable energy agreement of 150 MW with Microsoft India, in one of the largest such deals in the country. As part of the arrangement, ReNew will produce 150 MW of clean energy from a recently commissioned solar site near Bikaner. This deal signifies that […]
