EIB backs Protembis technology with EUR 20 million to protect the brain during cardiac surgery
The European Investment Bank (EIB) is providing €20 million in venture debt financing to German medical technology start-up Protembis. The company plans to use the money to advance the development of a novel system that protects the brain during certain cardiac procedures. Specifically, the funds are intended to enable clinical trials, research, development and the […]
Lenovo Names Dr Tolga Kurtoglu as New Chief Technology Officer
Global technology leader Lenovo has announced the appointment of Dr. Tolga Kurtoglu as the company’s new Chief Technology Officer (CTO), succeeding Dr. Yong Lui to further accelerate the group’s technology vision and AI leadership. Lenovo also announced the formation of a new Emerging Technologies Group, which will help the company anticipate emerging technology trends and […]
Trinasolar inks a long term agreement with Universidad Politécnica de Madrid
Trinasolar has announced the signing of a long-term collaboration agreement with the Institute of Solar Energy at Universidad Politécnica de Madrid (IES-UPM). The agreement, signed on June 26, is a milestone in Trinasolar’s involvement with leading universities, highlighting the commitment of all concerned to education, research and innovation in solar energy. The agreement was signed on the campus […]
Merck Signs MoU with KAIST to Further Scientific Partnership in South Korea
Merck, a leading science and technology company, has signed a non-binding Memorandum of Understanding (MoU) with the Korea Advanced Institute of Science and Technology (KAIST). The academia-industry cooperation aims to advance the research and development ecosystem in South Korea for industrial applications. “Our collaboration with KAIST is an important step towards accelerating the biotechnology ramp-up […]
Luxembourg signs a MoU with Pony.ai to advance autonomous mobility
Pony.ai, a leading global autonomous mobility company, held a Memorandum of Understanding (MoU) signing ceremony today with the Government of the Grand Duchy of Luxembourg (“The Government”) to advance the development of autonomous mobility in Luxembourg. The MoU was signed by Pony.ai Co-Founder and CEO Dr. James Peng and Luxembourg’s Minister of the Economy Lex […]
Sridhar Ramaswamy Named Chief Executive Officer of Snowflake
Snowflake, the Data Cloud company, announced yesterday that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately. Mr. Ramaswamy previously held the position of Senior Vice President of AI at Snowflake. Frank Slootman will continue […]
Gilead Sciences announces the acquisition of CymaBay Therapeutics
Gilead Sciences, Inc. and CymaBay Therapeutics, Inc. announced yesterday a definitive agreement under which Gilead will acquire CymaBay for $32.50 per share in cash or a total equity value of $4.3 billion. The addition of CymaBay’s investigational lead product candidate, seladelpar for the treatment of primary biliary cholangitis (PBC) including pruritus, complements Gilead’s existing liver […]
Bruker announces a definative agreement to acquire Chemspeed
Bruker Corporation yesterday announced a definitive agreement for the acquisition of Chemspeed Technologies AG, aSwiss provider of vendor-agnostic automated laboratory R&D and QC workflow solutions. Chemspeed is focused on modular automation and robotics solutions for chemical research, pharma drug formulation, materials research for cleantech and consumer applications. The Chemspeed acquisition accelerates Bruker’s entry into lab automation, digitalization […]
Earnscliffe Strategies acquires Kaiser & Partners
Earnscliffe Strategies (Earnscliffe), a national leader in public affairs, including government relations, communications and digital, and opinion research, announces the acquisition of Kaiser & Partners, Inc. (K&P), an award-winning, full-service public relations firm with offices in Toronto and Montreal. Earnscliffe and K&P are confident that this strategic alliance will fortify their positions in the industry […]
Bracket Labs secures USD 2Mln to support the launch of its ‘Passages’ trading platform
Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of “Passage,” a volatility trading product available on the project’s BracketX trading platform. The debut of the range-bound product makes trading long and short volatility entirely on-chain easy for traders of all levels. In June 2023, Bracket Labs completed Binance Labs’ Season […]
