ScienceMagic.Studios Raises $10M in Pre-Seed Funding

ScienceMagic.Studios, a New York-based provider of a digital assets venture studio, raised $10M in Pre-Seed funding. ScienceMagic.Studio investors include angels (Noam Gottesman, Alan Howard, Frederic Court, Gil Weisblum, Khalili Brothers), venture capital firms (Liberty City Ventures, Digital Currency Group, Brevan Howard Digital, ThirdPrime, Cultur3) and Web3 companies (Coinbase Ventures, RealVision, Heni). The company intends to use the funds to… Continue reading ScienceMagic.Studios Raises $10M in Pre-Seed Funding

CoachHub Raises $200M in Series C Funding

CoachHub, a New York-based provider of a digital coaching platform, raised $200M in Series C funding. The round was led by Sofina and SoftBank Vision Fund 2 with participation from existing investors including Molten Ventures, Speedinvest, HV Capital, Signals Venture Capital and Silicon Valley Bank/SVB Capital. The company intends to use the funds to further… Continue reading CoachHub Raises $200M in Series C Funding

Valeo once again ranked as the world’s leading French patent applicant

Valeo Group | 14 Jun, 2022 | 5 min Valeo has been ranked the world’s leading French patent applicant, with 1,777 patents issued in one year*, including 46% in France, according to the rankings published by the France’s intellectual property institute (INPI), which lists the first applications granted by the world’s main patent offices. Valeo has… Continue reading Valeo once again ranked as the world’s leading French patent applicant

Valeo’s third generation LiDAR chosen by Stellantis for its level 3 automation capability

Valeo Group | 14 Jun, 2022 | 5 min Stellantis has chosen Valeo’s third-generation LiDAR to equip multiple models of its different automotive brands from 2024. The Valeo SCALA 3 LiDAR will enable these vehicles to be certified for level 3 automation, allowing drivers to safely take their hands off the steering wheel and their eyes off the… Continue reading Valeo’s third generation LiDAR chosen by Stellantis for its level 3 automation capability

Ontario International Airport reports busiest month since 2016 as May passenger volumes continue to surge past pre-pandemic levels

The May totals were 41.5% above a year ago and exceeded May 2019 passenger volumes by 9.2% – the third straight month in which ONT has surpassed pre-pandemic levels. The Southern California gateway – America’s fastest-growing airport four years running – recorded 519,085 passengers during the month, including 502,042 domestic travelers and 16,843 international fliers.… Continue reading Ontario International Airport reports busiest month since 2016 as May passenger volumes continue to surge past pre-pandemic levels

Americans and Canadians are Returning to Summer Travel

Generali Global Assistance releases U.S. and Canadian findings of the 2022 Ipsos Holiday Barometer SAN DIEGO, June 14, 2022 /PRNewswire/ — Generali Global Assistance (“GGA”) today announced the findings from American & Canadian respondents to the 2022 Holiday Barometer – the annual poll sponsored by its parent company, Europ Assistance, and conducted by the consumer research… Continue reading Americans and Canadians are Returning to Summer Travel

Trend Micro Innovations Shape the Automotive Cybersecurity Industry

Strong market demand and business incubation drive connected vehicle security solutions DALLAS, June 14, 2022 /PRNewswire/ — Connected cars provide plenty to entice threat actors, with more than 400 million predicted to be on the roads globally by 2025. Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced VicOne, dedicated security for the electric… Continue reading Trend Micro Innovations Shape the Automotive Cybersecurity Industry

BlackBerry Strengthens QNX Advanced Virtualization Framework for Android Automotive OS

Automotive manufacturers now able to simplify and accelerate development timelines and reduce costs when building Android Automotive OS-based IVI systems WATERLOO, Ontario, June 14, 2022 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced an updated version of QNX® Advanced Virtualization Frameworks (QAVF) and support for Google’s latest Android Automotive OS (AAOS) reference implementation… Continue reading BlackBerry Strengthens QNX Advanced Virtualization Framework for Android Automotive OS

Overair Receives $145 million Investment from Hanwha Group to Develop All-Electric VTOL Aircraft

Hanwha’s continued investment in Overair not only fuels the ongoing development of Butterfly but will also allow Overair to lay the groundwork for commercializing their mobility technology. In addition to their investment, Hanwha will also provide electric motors and battery packs for Overair’s prototypes, as the two companies expand their R&D co-operation. “This is a… Continue reading Overair Receives $145 million Investment from Hanwha Group to Develop All-Electric VTOL Aircraft

AAM Electric Drive Unit Powers Mercedes-AMG GT 63 S E PERFORMANCE

DETROIT, June 14, 2022 /PRNewswire/ — American Axle & Manufacturing’s (NYSE: AXL) electric driveline technology powers AMG’s first plug-in hybrid electric (PHEV) model, the Mercedes-AMG GT 63 S E PERFORMANCE. AAM supplies the performance car’s rear drive unit, which was recently named a 2022 Automotive News PACE™ Award finalist.  “AAM’s Electric Drive Unit provides superior vehicle performance… Continue reading AAM Electric Drive Unit Powers Mercedes-AMG GT 63 S E PERFORMANCE