HANGZHOU: Alibaba Group Holding Limited announced that it received a notice of investigation from the State Administration for Market Regulation (SAMR) of the People’s Republic of China. The Notice states that the SAMR has commenced an investigation pursuant to the Anti-Monopoly Law of the People’s Republic of China. “We will actively cooperate with the SAMR’s…
COVAXX and Aurobindo Pharma announce COVID-19 vaccine partnership
HAUPPAUGE: COVAXX, a U.S. company developing UB-612 a multitope peptide-based vaccine to fight COVID-19, announced an exclusive agreement with Aurobindo Pharma to expand its global development and commercialization of UB-612 to India and the United Nations Children’s Fund (UNICEF) agency. “COVAXX is committed to providing an equitable distribution of UB-612 vaccine by prioritizing markets where…
ChrysCapital-backed Infogain acquires AI & analytics pioneer Absolutdata
LOS GATOS: Infogain, a Silicon Valley-based leader in human-centered digital platform and software engineering services, announced its acquisition of Absolutdata, a San Francisco Bay Area-based AI and Advanced Analytics company serving Global 500 clients. Absolutdata’s award-winning NAVIK AI platform and 300 world-class data scientists will significantly enhance Infogain’s ability to engineer superior business outcomes for…
IXICO Plc
IXICO Plc (AIM: IXI) is dedicated to delivering insights in neuroscience. The purpose is to advance medicine and human health by turning data into clinically meaningful information, providing valuable new insights in neuroscience and our goal is to be a leading proponent of artificial intelligence in medical image analysis. IXICO will achieve this by developing…
Allied Minds plc
Allied Minds plc (LSE: ALM) is an IP commercialisation company focused on early stage company development within the technology sector. With origination relationships that span US federal laboratories, universities, and leading US corporations, Allied Minds historically created, and now manages and funds, a portfolio of companies to generate long-term value for its investors and stakeholders. …
Rostelecom
Rostelecom is the largest integrated digital services and products provider, operating in all segments of the telecommunications market in Russia. The Company serves millions of households, state and private enterprises across the country. Rostelecom is Russia’s undisputed market leader, providing high-speed Internet access and pay-TV. The total number of broadband users stands at over 13.4…
SDCL Energy Efficiency Income Trust plc
SDCL Energy Efficiency Income Trust plc is the first UK listed company of its kind to invest exclusively in the energy efficiency sector. Since IPO, SEEIT has made nine investments and commitments in a diversified portfolio of distributed generation and energy efficiency projects totalling c.£500 million. The projects are primarily located in the UK, Europe…
Gresham House Energy Storage Fund plc
Gresham House Energy Storage Fund plc (LSE: GRID) owns a portfolio of utility-scale operational energy storage systems (known as ESS) located in Great Britain. The portfolio has a total capacity of 315MW. The Company is managed by Gresham House Asset Management Limited under the leadership of Ben Guest. The Company was admitted to trading on…
Randall & Quilter Investment Holdings Ltd. (R&Q)
Randall & Quilter Investment Holdings Ltd. (R&Q) is a non-life global specialty insurance company operating two core, highly complementary, businesses: Program Management and Legacy Insurance. Both these businesses are leaders in markets with high barriers to entry and significant secular growth opportunities. Legacy Insurance generates profits and capital extractions from expert management of legacy non-life…
Allied Minds’ Orbital Sidekick secures $16 million Series A Financing
LONDON: Allied Minds plc announced that its portfolio company, Orbital Sidekick Inc., has conditionally secured $16 million in a Series A Preferred financing round led by Temasek, an investment company headquartered in Singapore. Round participants also include other new investors and existing investors Allied Minds, committing $2.5 million (including conversion of its SAFE), and 11.2…
IXICO secures new contract for £3.4 million
LONDON: IXICO plc, the AI data analytics company delivering insights in neuroscience, has been awarded a £3.4 million contract to run over c.4.5 years by an existing client for a Spinocerebellar Ataxia type 3 (SCA3) trial. SCA3, also known as Machado-Joseph disease, is a rare, neurodegenerative condition resulting in movement disorders, rigidity, muscular atrophy and…
Rostelecom partners VTB Bank to boost development of its data centers and cloud business
MOSCOW: Rostelecom Group, the largest integrated digital service provider in Russia, has signed the deal to attract VTB Bank as the strategic partner to jointly develop Rostelecom Data Centers, a subsidiary that combines data centres and cloud assets, a news release said. VTB Bank invests RUB 35 billion in RTK-DC for a 44.8% stake with…