Silfab Solar Inc., North America’s leading solar module manufacturer, has announced the successful closure of $100 million in new financing. This funding includes a $50 million equity investment led by ARC Financial Corp. and its co-investors, and a $50 million senior secured financing (Green Loan) led by Breakwall Capital, with investment from SR Alternative Credit…
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Movius expands global coverage to Scandinavia
Movius, a leading global provider of secure, AI-powered communications software, announced the expansion of its global voice and SMS coverage to Sweden, Finland, and Denmark. This marks the 19th country where Movius has launched its flagship MultiLine™ solution. MultiLine provides an intuitive, mobile-first phone experience, allowing employees to use their business mobile identity for voice,…
Valora Therapeutics raises $30 million seed financing
Valora Therapeutics Inc., a biotechnology company specializing in immunotherapy, has successfully closed its seed funding round. The investment was co-led by Avalon BioVentures, Bregua Corporation, and TigerGene, with additional support from Alexandria Venture Investments and Correlation Ventures. The funds will be used to advance Valora’s AbLec (Antibody-Lectin chimera) platform, which aims to restore proper immunological…
Veritone launches data refinery to transform unstructured data
Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI solutions, has announced the launch of Veritone Data Refinery (VDR). This new offering is designed to help businesses convert large amounts of unstructured data into high-quality, AI-ready assets using Veritone’s aiWARE™ platform. VDR allows organizations to transform and manage video, audio, and text data for training…
NAI Group to open new manufacturing facility in Malaysia
NAI Group, a provider of advanced high-performance interconnect solutions for mission-critical industrial technology, medical, and telecommunications applications, today announced the expansion of its manufacturing footprint into Southeast Asia. The new facility, based in Malaysia, is expected to be fully operational in the second quarter of 2025. The state-of-the-art facility, located in the Bayan Lepas Industrial…
ZenaTech ,drone-as-a-service, new acquisitions,
ZenaTech to launch drone-as-a-service with new acquisitions TORONTO: ZenaTech, Inc., a company specializing in AI drone solutions and enterprise software, announced plans to acquire several companies to start its Drone-as-a-Service (DaaS) operations. These acquisitions are expected to significantly boost revenue by integrating ZenaDrone’s technology into new business operations. The DaaS model allows customers like farmers,…
Kering appoints Cédric Charbit as CEO of Saint Laurent and Gianfranco Gianangeli as CEO of Balenciaga
Kering today announced the appointment of Cédric Charbit as CEO of Saint Laurent and Gianfranco Gianangeli as CEO of Balenciaga, effective January 2, 2025. Both will report to Francesca Bellettini, Kering Deputy CEO in charge of Brand Development, who from then on will be entirely dedicated to the development of all Kering Fashion, Leather Goods…
Azelis has agreed to acquire Haarla Oy based in Finland
ANTWERP: Azelis, a leading innovation service provider in the specialty chemicals and food ingredients industry, has signed an agreement to acquire 100% of the shares of Haarla Oy, a specialty distributor of food ingredients and industrial chemicals based in Finland. Haarla Oy has a well-established position in the food ingredients market and across various industrial…
Apple’s Busy Week: New Features and Future Products
This week, Apple made headlines with several interesting updates and rumours. Here’s a quick roundup: iPhone Reboot Code: Apple has quietly introduced a new reboot code for iPhones. This code is reportedly causing some difficulties for law enforcement as it locks them out of devices. Find My Enhancements: The Find My app now allows users…
Tesla Roundup: Crypto Endorsements, Political Backlash, and Charging Innovations
Elon Musk’s Crypto Endorsement and Political Moves Elon Musk, the Tesla billionaire, has recently endorsed bitcoin and backed Howard Lutnick for Trump’s Treasury secretary. This move comes amid Musk’s warnings about U.S. government spending and potential financial emergencies. His endorsement of Donald Trump has sparked anger among some Tesla owners, leading them to buy anti-Musk…
Jeroen Lokerse appointed CEO of Colliers Netherlands
Diversified professional services company, Colliers, announced the appointment of Jeroen Lokerse as CEO of the Netherlands. Lokerse will be responsible for accelerating the strategic direction and sustained growth of the Dutch business while enhancing the opportunities available to our people within the Netherlands. Lokerse joins Colliers from a 17-year tenure at Cushman & Wakefield, most…
Digital payments firm, Wise, reports 55% increase in profit
The British digital payments firm, Wise, reported a 55% increase in profit for the first half of its 2025 fiscal year, reaching £217.3 million, up from £140.6 million a year ago. This growth was driven by a 25% increase in active customers, totaling 11.4 million consumer and business clients. Revenues rose 19% year-on-year to £591.9…