Skild AI secures USD 300Mln in series A funding

Skild AI is building a scalable foundation model for robotics that serves as a shared, general-purpose brain across diverse robot embodiments and a variety of real-worl

Skild AI, an AI robotics company building a scalable foundation model for robotics, recently announced it has closed a $300M Series A funding round. The round was led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos (through Bezos Expeditions), with participation from Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, […]

Mazda appoints Neeru Arora as North American SVP & CIO

Neeru Arora, North American Senior Vice President, Chief Information Officer,Mazda

Mazda North American Operations (MNAO) yesterday announced Neeru Arora, a results-driven leader with over three decades of experience, has been named MNAO’s senior vice president, chief information officer, effective July 8, 2024.  In this role, Arora will lead MNAO’s IT and digital transformation efforts to further fuel the company’s growth plans and prepare to capitalize on emerging […]

Rainforest secures USD 20Mln in series A funding

From left to right Jeremy Jonker (Infinity Ventures), Joshua Silver (Rainforest), Matt Brown (Matrix Partners), Dana Stalder (Matrix Partners)

Rainforest, a payment provider purpose-built for software platforms, yesterday announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners. Additional participating investors include Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners – all of whom participated in the company’s seed round announced in 2023. The fresh capital brings Rainforest’s total funding to $31.75 […]

PPG welcomes Alejandro Lopez as director, investor relations

Alejandro Lopez director, investor relations, PPG

PPG recently announced that Alejandro Lopez, currently global finance director for automotive original equipment manufacturer (OEM) coatings, has been named director, investor relations, effective June 1, 2024. Lopez will report to Vince Morales, PPG senior vice president and chief financial officer (CFO). He replaces Jonathan Edwards, who will transition to succeed Lopez as global finance […]

GridBeyond secures Eur 52M series C funding round

GridBeyond Closes €52M Series C Funding Round to Continue Its Platform Evolution and Invest in New & Existing Markets

GridBeyond, the leading intelligent energy and smart grid platform provider for distributed energy resource management, has closed its €52M Series C financing round. The round was led by Alantra’s Energy Transition Fund, Klima. The Series C round also included new investors Energy Impact Partners, Mirova, ABB, Constellation and Yokogawa Electric Corporation as well as investment from existing investor, Act Venture Capital. Since its foundation […]

SkyPoint FCU to launch their Business Banking service in three phases

SkyPoint Federal Credit Union,one of the premier, member-owned financial institution, announces the three-phased launch of their official Business Banking service, complete with a full array of products to meet the wide-ranging needs of businesses. “Our members with businesses have been asking for services specific to operating a business, and we have been discussing the possibilities and […]