Cataya Bio has snagged $34.5 million in a Series B financing round, Zenosic has bagged $41.4 million in Series A1 financing, while Grit Biotechnology has secured $55.2 million in Series B funding. Eight Roads Ventures co-leads Cataya Bio’s Series B round Synthetic biology firm Cataya Bio has snagged 250 million yuan ($34.5 million) in a… Continue reading China Digest: Zenosic, Grit Biotechnology, Cataya bag funding
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SG Digest: Cambridge Associates MD relocates to SG; Protégé Ventures launches Fund II
Protégé Ventures has launched Fund II to support early-stage tech startups led by student founders, while Cambridge Associates managing director Ming Yan has relocated to Singapore. Ming Yan relocates from Boston to Singapore Cambridge Associates managing director Ming Yan has relocated from the global investment firm’s Boston office to Singapore. Yan will be responsible for… Continue reading SG Digest: Cambridge Associates MD relocates to SG; Protégé Ventures launches Fund II
Stellantis to make new contract offer Monday to UAW
A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing Rights Sept 11 (Reuters) – Chrysler-parent Stellantis (STLAM.MI) said Monday it plans to make a new counteroffer to the United Auto Workers after the union made its own revised offer on Sunday ahead of… Continue reading Stellantis to make new contract offer Monday to UAW
Magellan Midstream Declares Special Cash Distribution
TULSA, Okla., Sept. 11, 2023 /PRNewswire/ — The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has declared a special cash distribution expected to equal 24.74 cents per unit payable on Sept. 25 to unitholders of record at the close of business on Sept. 21. The right to issue this special distribution was… Continue reading Magellan Midstream Declares Special Cash Distribution
ALOFT DENVER DOWNTOWN REOPENS FOLLOWING MULTIMILLION-DOLLAR RENOVATION
Hip, Energetic Hotel is Reintroduced to the Mile High City, with Newly Refreshed Guest Rooms, Lobby, Social Spaces, and More DENVER, Sept. 11, 2023 /PRNewswire/ — Aloft Denver Downtown has officially reopened, unveiling an approximately $3 million makeover, boasting updated guest room accommodations, lobby, food and beverage spaces, fitness center, social lounge, and more. The… Continue reading ALOFT DENVER DOWNTOWN REOPENS FOLLOWING MULTIMILLION-DOLLAR RENOVATION
Lockheed Martin Skunk Works® and University of Iowa Successfully Demonstrate Artificial Intelligence-Commanded Mission
IOWA CITY, Iowa, Sept. 11, 2023 /PRNewswire/ — Lockheed Martin Corporation (NYSE: LMT), in conjunction with the University of Iowa’s Operator Performance Laboratory (OPL), completed an artificial intelligence (AI) demonstration using two piloted L-29 aircraft (acting as surrogates for uncrewed systems) performing jamming support in a simulated air-to-ground mission. The successful execution of the electronic… Continue reading Lockheed Martin Skunk Works® and University of Iowa Successfully Demonstrate Artificial Intelligence-Commanded Mission
Bobnet Seeks Retail Partners to Pioneer its New Standard for Retail Process Optimization and Business Scalability
Part of its global expansion strategy, Romanian Bobnet Group invites retail operators to join a €20M co-investment for its scalable disruptive automated retail chains LONDON, Sept. 11, 2023 /PRNewswire/ — Bobnet, Romanian supplier of retail innovation hardware and software solutions, a venture startup financed by NCH Capital operating in Europe since 2018, is actively seeking investor retail… Continue reading Bobnet Seeks Retail Partners to Pioneer its New Standard for Retail Process Optimization and Business Scalability
Venture Catalysts achieves 2.1x returns exiting Koovers in 1.5 Years
Venture Catalysts, India’s first and largest early-stage investment firm, has announced full exit from its portfolio Koovers, a leading B2B Ecommerce platform for auto spare parts, with a 2.1x returns in just 1.5 years. The firm exited its investment in Koovers post the latter’s acquisition by Schaeffler India, an industrial and automotive parts maker and… Continue reading Venture Catalysts achieves 2.1x returns exiting Koovers in 1.5 Years
Venture Catalysts achieves 2.1x returns exiting Koovers in 1.5 Years
Venture Catalysts, India’s first and largest early-stage investment firm, has announced full exit from its portfolio Koovers, a leading B2B Ecommerce platform for auto spare parts, with a 2.1x returns in just 1.5 years. The firm exited its investment in Koovers post the latter’s acquisition by Schaeffler India, an industrial and automotive parts maker and… Continue reading Venture Catalysts achieves 2.1x returns exiting Koovers in 1.5 Years
@BMW: MINI Plant Oxford goes Electric: £600m investment for all-electric MINI production in the UK.002969
Oxford. BMW Group has announced today a new investment of more than £600 million in the MINI factories at Oxford and Swindon. “With this new investment we will develop the Oxford plant for production of the new generation of electric MINIs and set the path for purely electric car manufacturing in the future,” says Milan… Continue reading @BMW: MINI Plant Oxford goes Electric: £600m investment for all-electric MINI production in the UK.002969