Innovation

SoftBank Group And Symbotic Launching New $100 Million Joint Venture

By Noah Long ● Jul 28, 2023

SoftBank Group and Symbotic (a leader in A.I.-powered automation technology for the supply chain) recently announced the establishment of GreenBox Systems LLC, a new joint venture to address the more than $500 billion annual warehouse-as-a-service market opportunity.

Hitachi Vantara Collaborates With Microsoft For Unified Compute Platform

By Amit Chowdhry ● Jul 28, 2023

Hitachi Vantara - a modern infrastructure, data management, and digital solutions subsidiary of Hitachi, Ltd. (TSE: 6501) - recently announced the next evolution of its collaboration with Microsoft to launch Hitachi Unified Compute Platform (UCP) for Azure Stack HCI.

CoJourney: Contract Manufacturing And Development Company Pulls In $30 Million In Funding

By Dan Anderson ● Jul 25, 2023

CoJourney - a global innovator in the manufacturing and development of cell and gene therapies - recently announced the completion of a $30 million Series A financing and expansion of its US organization and commercial manufacturing capabilities. This funding round was led by Legend Capital and supported by GL Ventures, Legend Star Investment Management, and Lake Bleu Capital.

Orennia: Energy Transition Analytics Platform Company Lands $25 Million In Funding

By Annie Baker ● Jul 25, 2023

Orennia - recently announced the completion of its Series B financing - raising US$25 million to accelerate the growth of its best-in-class data and analytics platform. And the investment highlights Orennia’s differentiated solution for the energy transition with insights across the renewables, storage, clean fuels and decarbonization sectors. Orennia increases returns for the most sophisticated developers, investors, bankers, and corporations by providing up-to-date and reliable energy transition analytics.

GeoCue And Argosdyne Partnering To Expand Drone Mapping Solutions In East Asia

By Amit Chowdhry ● Jul 25, 2023

GeoCue - a leader in LiDAR mapping hardware and software solutions - announced its expansion into East Asia through a strategic partnership with Argosdyne, a prominent drone manufacturer and supplier. And this collaboration will strengthen GeoCue's global distribution network and enable Argosdyne to offer TrueView 3D Imaging Sensors and LP360 LiDAR Processing Software to customers in South Korea and East Asia.

Kearney Buying Silicon Foundry For Expanding Strategic Transformation And Innovation

By Amit Chowdhry ● Jul 24, 2023

Kearney - a leading global management consulting firm - recently announced the acquisition of Silicon Foundry. And this acquisition represents the firm's commitment to helping C-suite executives truly transform their organizations by providing corporate executive leaders worldwide with access to the most cutting-edge new technologies, start-ups, and venture investors at the core of the innovation ecosystem.

AnyRoad Launches AI-Powered Feedback Assistant Pinpoint

By Amit Chowdhry ● Jul 18, 2023

AnyRoad - a leading platform for data-driven experiential marketing - recently announced Pinpoint, a new AI-powered feedback assistant that helps you understand precisely what drives positive and negative brand experiences and the actions you can take to improve impact and ROI. Powered by Natural Language Processing (NLP) and Generative AI, AnyRoad's new Pinpoint feature helps brands analyze consumer feedback, uncover trends, and rapidly adapt their brand experiences.

Trellix: CISO Council Launched With Top Cybersecurity Experts

By Amit Chowdhry ● Jul 18, 2023

Trellix - a cybersecurity company delivering the future of extended detection and response (XDR) - announced its new Mind of the CISO initiative, bringing global attention to the needs of the CISO community. And the collaborative efforts span an inaugural CISO Council, research, and webinars.

Schneider Electric: Catalyze Partnership With Intel And Applied Materials For Decarbonizing Semiconductor Value Chain

By Amit Chowdhry ● Jul 18, 2023

Schneider Electric - a leader in the digital transformation of energy management and automation - recently launched Catalyze, a new partnership program to accelerate access to renewable energy across the global semiconductor value chain.

ARMA International: Nathan Hughes Joins As CEO

By Amit Chowdhry ● Jul 15, 2023

ARMA International - the world’s leading membership organization serving professionals who manage and govern information assets - announced the promotion of Nathan Hughes, CAE, IGP, to Chief Executive Officer. Hughes has been pivotal in the transformative growth of the organization and the continued expansion of support provided to ARMA International’s members globally.

SMART: New Research Group M3S Launched To Advance AI And Automation

By Amit Chowdhry ● Jul 15, 2023

Singapore MIT-Alliance for Research and Technology (SMART) - which is MIT’s research enterprise in Singapore - announced it launched a new interdisciplinary research group (IRG) aimed at tackling social and institutional challenges around the rise of AI and new technologies, furthering advances in these fields to create impactful value for Singapore and the world beyond.

atNorth: Iceland-Based HPC And AI Service Provider Announces Highest Revenue To Date

By Amit Chowdhry ● Jul 15, 2023

atNorth - a leading Nordic colocation high-performance computing (HPC) and artificial intelligence (AI) service provider, announced a group income of SEK 560 million (EUR 53 million) as it published its 2022 annual accounts. And this figure represents a 44% increase in revenue from 2021 with further growth expected in the coming years.

Crossbow Therapeutics: $80 Million Raised For Advancing Novel Class Of Antibody Therapies That Mimic T-Cell Receptors For Treating Cancer

By Annie Baker ● Jul 15, 2023

Crossbow Therapeutics - a biotechnology company developing a novel class of potent and precise antibody therapies to treat a broad range of cancers - recently announced an $80 million Series A funding round led by MPM BioImpact and Pfizer Ventures with participation from Polaris Partners, BVF Partners, Eli Lilly and Company, Mirae Asset Venture Investment, and Mirae Asset Capital.

Flatfile Launches Data Exchange Platform

By Amit Chowdhry ● Jul 15, 2023

Flatfile - a pioneer of AI-assisted data exchange - recently announced the release of its Flatfile Data Exchange Platform, the industry’s first extensible platform for file-based data import. And with this new release, Flatfile is reinventing the file-based data import category defined by one-size-fits-all, single-purpose CSV-import tools with an extensible, API-first, and event-driven data exchange platform for enterprise developers.

Conagen: Development Of A Debondable Textile Adhesive Announced

By Amit Chowdhry ● Jul 15, 2023

When you consider over 92 million tons of textile waste are landfilled every year, new solutions are needed to enable fabric reworking in manufacturing and recycling on a mass scale. Biotechnology innovator Conagen announced the development of a groundbreaking debondable textile adhesive from high-performance materials sourced from sustainable and natural biomolecules.

Sorcero: New Release Of AI Platform Announced

By Amit Chowdhry ● Jul 15, 2023

Sorcero - a leading provider of advanced AI solutions purpose-built for Life Sciences organizations - announced a new release of the Sorcero AI Platform. The solution enables Medical Affairs (MA) Teams to now to unify stakeholder data and accelerate data-driven decisions across the asset lifecycle. In particular, Sorcero now provides life sciences companies with an omnichannel view of the healthcare provider (HCP) journey across all touchpoints, which is critical to informing and planning Key Opinion Leader (KOL) engagement strategies. These new features are now available on the platform and via the Google Cloud Marketplace.

Roadie: General Availability Of Its Tech Insights feature Revealed

By Amit Chowdhry ● Jul 15, 2023

Roadie - a provider of Backstage as a service - recently announced the general availability of its Tech Insights feature, a software-quality tool added to its core offering of managed Spotify Backstage. Tech Insights enables software engineering teams to establish engineering standards and automatically track and report software performance against those standards.

Exabeam: User Behavior Monitoring Solution Designed For Federal Departments And Agencies Revealed

By Amit Chowdhry ● Jul 14, 2023

Exabeam - a global cybersecurity leader and creator of New-Scale SIEM for advancing security operations - recently announced a unique user behavior monitoring solution designed for federal departments and agencies on the practical steps to improve the prevention, detection, assessment, and remediation of cyber incidents targeting government organizations. This solution is available through Carahsoft’s GSA Schedule.

Ansys: Partnership With Altium And Intel 16 Process Node Signoff Verification

By Amit Chowdhry ● Jul 14, 2023

Earlier this week, Ansys made a couple of notable announcements, including Ansys and Altium boosting their designs with digital continuity and Intel Foundry Services certified Ansys multiphysics solutions for signoff verification of advanced integrated circuits (ICs) designed with the Intel 16 silicon manufacturing process.

Selector: New Capabilities Added To Platform

By Amit Chowdhry ● Jul 14, 2023

Selector AI - a leading provider of network-aware AIOps, observability, and multi-domain analytics - recently announced the addition of new capabilities to its platform, empowering organizations with unparalleled insights from the network up to the application. The enhancements move Selector forward as the first true full-stack observability and AIOPs platform.

Siemens: New Level Of Security To Discontinuous Motion Control Added In Mid-Range Segment

By Amit Chowdhry ● Jul 14, 2023

Earlier this year, Siemens introduced the new SINAMICS S210, a next-generation servo-drive system. This new system is now ready for digitalization and brings an enhanced level of safety and security to stand-alone or multi-axis machines for use in various manufacturing industries.

Crowley Appoints Eric Cunningham As VP Of Shared Services

By Amit Chowdhry ● Jul 14, 2023

Crowley has appointed Eric Cunningham as vice president of Shared Services, where he will focus on growing the company’s business relationships and capabilities for customers across the U.S., Central America, and strategic markets.

SmileDirectClub: 18 New Locations Of SmileShop Opened

By Amit Chowdhry ● Jul 14, 2023

SmileDirectClub - the med tech oral care company with the first telehealth platform for teeth straightening - recently announced the opening of 18 new locations of its patented SmileShop concept, bringing the company’s retail footprint to 128 locations across the globe. The expansion comes as SmileDirectClub celebrates its two-millionth aligner customer served through its orthodontic telehealth platform.

Vaxcyte: Second Stage Of Ongoing Phase 2 Study Evaluating VAX-24 Advanced

By Annie Baker ● Jul 14, 2023

Vaxcyte - a clinical-stage vaccine innovation company engineering high-fidelity vaccines to protect humankind from the consequences of bacterial diseases - recently announced that the ongoing Phase 2 study of VAX-24 in healthy infants is advancing to the second and final stage of the study. The independent Data Safety Monitoring Board approved moving to the second stage of the study following the review of the safety and tolerability results from the first stage. The Phase 2 study evaluates the safety, tolerability, and immunogenicity of VAX-24, the Company’s lead, broad-spectrum 24-valent pneumococcal conjugate vaccine (PCV) candidate designed to prevent invasive pneumococcal disease (IPD). Vaxcyte expects to share topline data from the primary three-dose immunization series of the study by 2025, followed by topline data from the booster dose approximately nine months later.

Elie Girard Becomes Executive Chairman Of Quantum Leader Alice & Bob

By Amit Chowdhry ● Jul 14, 2023

Alice & Bob - a global leader in the race for fault-tolerant quantum computing - recently announced the appointment of Elie Girard as its new Executive Chairman. Girard will utilize his decades of business strategy experience to advise Alice & Bob in its pioneering efforts to develop high-quality, logical qubits based on Cat Qubits technology.

Groupon: Jason Harinstein Joins Board of Directors

By Amit Chowdhry ● Jul 11, 2023

Groupon recently announced that it has appointed Jason Harinstein, CFO of Collectors Holdings as a new independent member of the company’s Board of Directors. Harinstein will also sit on the Board’s Audit Committee.

DigitalOcean Buying Paperspace For $111 Million: Details

By Annie Baker ● Jul 8, 2023

DigitalOcean - the cloud for small and medium-sized businesses (SMBs) and startups - recently announced it has acquired Paperspace, a leading provider of cloud infrastructure as a service for highly scalable applications leveraging graphics processing units (GPUs).

TTEC Digital: Flagship Office In India Opened

By Amit Chowdhry ● Jul 4, 2023

TTEC Holdings - one of the largest global customer experience (CX) technology and services innovators for AI-enabled CX solutions - announced the opening of the TTEC Digital Innovation Studio – Hyderabad to strengthen the company's capabilities by integrating and orchestrating exceptional customer experiences around the world.

Inspirit: Innovative Learning Hub Launched To Offer Students With Affordable XR STEM

By Amit Chowdhry ● Jun 30, 2023

Inspirit - an Atlanta-based, research-backed EdTech startup, announced the official launch of its Innovative Learning Hub. The digital platform is offering educators affordable annual access to a premium library of virtual reality and augmented reality (XR) experiences designed for middle and high school students. Plus Inspirit's Innovative Learning Hub is the only one-stop-shop for immersive XR STEM content, enabling students to explore subjects like mathematics, physics, chemistry, biology, and trade-related careers training in a cross-platform environment.

DoorDash Launches New Features For Consumers And Dashers

By Amit Chowdhry ● Jun 28, 2023

DoorDash has announced new features for consumers, merchants, and Dashers at the inaugural Dash Forward 2023 product showcase.