SAN FRANCISCO: Ivo (formerly known as Latch), a company specializing in generative AI-powered contract review solutions, has announced a successful funding round of $4.8 million. This investment is aimed at enhancing the capabilities of legal teams, improving their efficiency and…
KARACHI, PAKISTAN: Engro Corporation (ENGRO) has announced to sell its thermal power assets in what is being termed as one of the largest acquisitions in the nation’s recent history. Engro Energy Limited (EEL), ENGRO’s fully owned subsidiary, has finalized agreements…
LONDON: Schroder BSC Social Impact Trust plc has committed £5 million to the Savills IM Simply Affordable Homes Limited Partnership. This investment aligns with the company’s High Impact Housing asset class allocation and aims to address the pressing social challenges…
LONDON: Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations, announced its acquisition of Dreamix, a custom software development company founded in 2006. Dreamix, headquartered in Sofia, Bulgaria, is a bespoke end-to-end software engineering…
EQT Active Core Infrastructure Fund (“EQT”) has announced its entry into exclusive negotiations for the acquisition of Ocea Group (“Ocea”) from ICG Infrastructure Equity I (ICG Infra). This strategic acquisition is poised to bolster EQT’s presence in the environmental services…
X-Energy UK Holdings, Ltd, a subsidiary of X-Energy Reactor Company, LLC, and Cavendish Nuclear, part of Babcock International, have received a substantial funding boost from the UK Government’s Future Nuclear Enabling Fund (FNEF). The £3.34 million grant, which will be…
LONDON: Assurant Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions today announced the acquisition of iSmash, the UK’s leading independent tech repair brand, offering express drop-in repair services for smartphones, tablets and laptops. Founded in 2013,…
Tesla will explore locations in India this month to set up an electric vehicle factory, according to a Financial Times report. Tesla’s exploration of potential locations in India for a new electric vehicle (EV) factory represents a significant development in…
SK Hynix, a global leader in memory chip production, has unveiled plans to invest $3.87 billion in its inaugural chip packaging plant on American soil. This move is a strategic win for the Biden administration’s initiative to bring chip manufacturing…
China’s BYD has announced its plans to roll out its inaugural electric pickup truck. This strategic launch positions the Chinese automotive powerhouse to go head-to-head with industry stalwarts such as Ford and Tesla. A Global Contender Emerges The upcoming midsize-to-large…
STOCKHOLM: Hexagon, a leader in digital reality solutions, has expanded its portfolio by acquiring Itus Digital, a specialist in asset performance management (APM) software based in Roanoke, Virginia. This strategic move bolsters Hexagon’s HxGN EAM platform and complements its existing…
Cainvest, a prominent financial institution, has announced a strategic partnership with OKX, a global leader in Web3 technology and cryptocurrency exchange. This alliance aims to bolster Cainvest’s stature as a major liquidity provider in Brazil and provide OKX’s 50 million…