LONDON, UK: SIG Plc announced that following its successful turnaround and return to profitability, Steve Francis will step down as CEO early next year, after three years in his role. The Board also announced that Gavin Slark has agreed to join the Company as Steve’s successor. Steve will continue to provide committed leadership as SIG’s…
Bond Pet Foods closes $17.5 million in Series A Funding
LONDON, UK: Bond Pet Foods, the Boulder-based company creating meat proteins through fermentation for pet food applications, announced that it has completed its Series A fundraise totaling $17.5 million. The oversubscribed round includes investment from global food and agriculture pioneers ADM Ventures (Archer Daniels Midland Company) and Cavallo Ventures (Wilbur Ellis); institutional funds Genoa Ventures…
Strip Tinning Holdings secures £1.4 million funding
LONDON, UK: Strip Tinning Holdings plc (AIM: STG), a leading supplier of specialist connectors to the automotive sector, has successfully secured a share of government funding through the Advanced Propulsion Centre (“APC”) Scale-up Readiness Validation (“SuRV”) competition. The Company has secured a grant of up to £1.4 million, which will be received via six quarterly…
EQTEC’s Mixed feedstock Market Development Centre approved by French government
LONDON, UK: EQTEC plc (AIM: EQT), a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production, is pleased to confirm that, further to its announcement on 20 July 2022, its wholly owned French subsidiary EQTEC France SAS (“EQTEC France“) was, on 7 September 2022,…
Orbit Group Chief Executive, Mark Hoyland, to step down
LONDON, UK: Orbit Group Limited announced that Mark Hoyland, Group Chief Executive, has decided to step down in spring 2023, after six years leading the Group. He will take up a Chief Executive role outside the sector. The Board expects to announce a successor early in the new year. David Weaver, Orbit Group Chair, commented:…
Tom Pearce appointed new CEO of Rothesay Life Plc
LONDON, UK: The Chairman and Board of Rothesay Life Plc, the UK’s largest pensions insurance specialist, announced the appointment of Tom Pearce as CEO, taking on the role from Addy Loudiadis as she retires after fifteen years leading the business. Loudiadis will remain engaged with Rothesay as Founder Director, a part-time Non-Executive position. Since founding…
Nordic Unmanned collaborates with North American freight transporter, BNSF Railway
OSLO, NORWAY: Nordic Unmanned has signed an initial collaboration agreement with BNSF Railway, one of the biggest railway companies in the United States. The client will test the Staaker Railway Drone for infrastructure inspection and general data acquisition. “We are very excited about this opportunity to develop such a unique system together with a leading…
Elektros negotiating joint venture with EV charging solutions provider, Noodoe
SUNNY ISLES BEACH: Elektros, an emerging leader in the electric mobility industry, announced it has begun negotiations with EV charging provider Noodoe Inc. regarding joint-venture with their EV OS and management solutions. Noodoe furnishes fleet operators, site hosts, solution providers, and local charging network providers with cutting-edge EV hardware and software technology through Noodoe EV…
Deezer enters partnership with French e-commerce leader Cdiscount
PARIS, FRANCE: Deezer, the global music streaming service, has entered a partnership with French e-commerce leader Cdiscount. From September 7, 2022 at 10 a.m., Cdiscount will offer 4 months Deezer Premium subscription with the purchase of a selection of electronics products (hardware, TV, sound, smartphone, connected devices) on its site. Before the end of the…
Global renewable green hydrogen pioneer Lhyfe launches in UK
NANTES, FRANCE: Global renewable green hydrogen pioneer Lhyfe has launched its first UK operation with the aim of large scale decarbonisation. The France based multinational is building UK subsidiary and team in North East England to identify opportunities to deploy production facilities to support the country’s net zero ambitions. In 2021, Lhyfe inaugurated the world’s…
Red Cell Partners announced the incorporation of DEFCON AI
TYSONS: Red Cell Partners announced the incorporation of DEFCON AI. DEFCON AI is a high growth software company building tools to model and simulate complex scenarios to provide operationally relevant insights to empower data driven decision making. The company’s initial focus will center on the modern military logistics environment beginning with redefining how defense leaders…
Seatex acquires ChemQuest Chemicals Company
ROSENBERG, TEXAS: Seatex LLC announced the acquisition of ChemQuest Chemicals LLC, a custom chemical manufacturer headquartered in Pasadena, Texas. For over twenty five years, ChemQuest has provided custom toll manufacturing services to customers globally, with expertise in complex blending and reactionary synthesis. This acquisition provides Seatex with enhanced production capabilities, increased capacity and a complementary…