Innovation Archives

University Of Miami Launches Miami Engineering Autonomous Mobility Initiative

By Amit Chowdhry ● Apr 19, 2023

The University of Miami College of Engineering announced it has launched the Miami Engineering Autonomous Mobility Initiative (MEAMI), which is a consortium of academic, industry, and government partners aimed at transforming the way we commute and live.

truData To Invest $5 Million In Costa Rica Nearshore Operations

By Noah Long ● Apr 19, 2023

truData Solutions - a cloud engineering firm focused on delivery excellence enabled through a multishore engagement model - announced it will invest $5 million in its nearshore capability in San Jose, Costa Rica this year.

Prairie View A&M University’s National Center For Infrastructure Transformation Receives $2.5 Million Commitment

By Amit Chowdhry ● Apr 19, 2023

The Texas A&M University System is going to supercharge the development of Prairie View A&M University’s new National Center for Infrastructure Transformation with a $500,000 boost for the next 5 years.

Apple Offers 4.15% High-Yield Savings For Apple Card Users

By Amit Chowdhry ● Apr 18, 2023

Apple has announced that it is now offering Apple Card holders a 4.15% high-yield savings account through Goldman Sachs.

ComEd: $963 Million Invested In Diversity-Certified Suppliers In 2022

By Annie Baker ● Apr 17, 2023

ComEd - as part of a longstanding effort to advance equity in the communities it serves - announced it spent $963 million, or 43% of its total supply chain spend, with businesses owned by women, people of color, and veterans in 2022.

Apollo Fund Portfolio Companies Achieve $1 Billion In Diverse Spend

By Annie Baker ● Apr 17, 2023

Apollo recently announced the achievement of over $1 billion in diverse spending across its funds’ private equity portfolio as part of the firm’s Supplier Diversity Program.

Ford Investing C$1.8 Billion In Ontario Assembly Complex

By Amit Chowdhry ● Apr 14, 2023

Ford Motor Company is investing C$1.8 billion ($1.3 billion) in its Oakville Assembly Complex in Ontario to transition it into a high-volume hub of electric vehicle manufacturing in Canada – which is a crucial part of the company’s plan to scale production of electric vehicles and make them more accessible to millions of customers.

Aspect Biosystems And Novo Nordisk Sign $2.6 Billion Bioprinted Tissue Deal

By Amit Chowdhry ● Apr 14, 2023

Aspect Biosystems recently announced a $2.6 billion collaboration with pharma giant Novo Nordisk to partner on the development of bioprinted tissue therapeutics for diabetes and obesity.

Revenue Intelligence Company Patri Raises $2.4 Million

By Noah Long ● Apr 12, 2023

Patri - a SaaS company providing AI-powered revenue intelligence to find, refine, monitor, and apply a company's Ideal Customer Profile (ICP) - announced that it has raised a $2.4 million funding round.

HII Receives $1.3 Billion Contract For Supporting U.S. Africa Command’s Life-Saving Operations

By Amit Chowdhry ● Apr 12, 2023

HII’s Mission Technologies division was awarded the $1.3 billion U.S. Africa Command (USAFRICOM) Personnel Recovery Enterprise Services and Solutions (PRESS) task order.

CerebrumX Receives Strategic Investment from BlackBerry IVY Innovation Fund

By Noah Long ● Apr 11, 2023

CerebrumX Labs (CerebrumX) - a leading AI-driven automotive data services and product provider - announced a strategic investment from BlackBerry.

Mosaic Therapeutics Raises $28 Million To Power New Cancer Treatments

By Amit Chowdhry ● Apr 11, 2023

Mosaic Therapeutics - an oncology therapeutics company dedicated to resolving cancer’s complexity to power new treatments for patients - announced the closing of its $28 million series A funding.

Micron Announces Formation Of Northeast University Semiconductor Network

By Amit Chowdhry ● Apr 11, 2023

Micron Technology has announced the formation of the Northeast University Semiconductor Network. These are the details.

Micro-LED Company Mojo Vision Raises $22.4 Million

By Amit Chowdhry ● Apr 9, 2023

Mojo Vision - a high-performance micro-LED company - announced a $22.4 million new Series A investment round

Sony Reveals WF-C700N Wireless Earbuds And WH-1000XM5 Headphones In Midnight Blue Color

By Dan Anderson ● Apr 5, 2023

Sony has announced the addition of the WF-C700N truly wireless earbuds called WF-C700N - which are known as small and lightweight for all-day comfort and feature a great design for those looking for their first pair of truly wireless noise-canceling earbuds. And Sony also announced the WH-1000XM5 in Midnight Blue.

Raytheon Receives $1.2 Billion Contract To Provide Patriot Air Defense System To Switzerland

By Dan Anderson ● Apr 5, 2023

Raytheon Technologies has received a $1.2 billion foreign military sales contract from the U.S. Army to provide Switzerland with the Patriot air defense system.

This New Google Flights Feature Guarantees A Lower Price

By Amit Chowdhry ● Apr 5, 2023

Google announced new travel features on Google Flights earlier this week, including a price guarantee badge for booking flights.

Goldman Sachs Announces One Million Black Women Deployed Over $2.1 Billion In Philanthropic Capital

By Annie Baker ● Apr 5, 2023

The Goldman Sachs Group announced that One Million Black Women has deployed over $2.1 billion in investment capital and more than $23 million in philanthropic capital to 137 organizations.

E-Commerce Solutions Company Glopal Secures €20 Million

By Noah Long ● Apr 5, 2023

Glopal - a leading provider of cross-border e-commerce solutions - announced that it has raised €20 million in a Series A funding round led by Hi Inov.

CrossAmerica Partners Signs A New $925 Million Credit Facility

By Noah Long ● Apr 4, 2023

CrossAmerica Partners LP has announced that it entered into an amended and restated 5-year Revolving Credit Facility agreement with a syndicate of lenders led by Citizens Bank, N.A. This Amended Facility provides a borrowing capacity of up to $925 million.