Meritor secures 15.9 million euros for e-powertrain development
Meritor, Inc., (MTOR), a Michigan-based commercial vehicle OEM and aftermarket solution provider, has recently announced receiving a grant of 15.9 million euros from the Advanced Propulsion Center&rsq....
Hiber secures 26 million euros to expand its IoT satellite network
Hiber BV, a European satellite and communications startup, has recently announced raising approximately 26 million euros in EU and private investment, in a bid to boost its IoT satellite network. The ....
Iraq & Total partner to reduce Iranian energy import dependence
French multinational integrated oil and gas entity- Total SE is collaborating with Iraq to work on the development of four associated gas and solar power projects, in order to reduce the dependence on....
Fortinet invests $75 million in Linksys to support WFH employees
Fortinet, one of the global leaders in broad, integrated and automated cybersecurity solutions, has recently announced its plans of investing USD 75 million in a subsidiary of Foxconn Interconnect Tec....
Toyota-Isuzu-Hino partner to develop electric & autonomous trucks
The automakers jointly aim at reducing carbon emission levels and help resolve Japan’s ongoing shortage of drivers Japanese automobile giants- Toyota, Hino, and Isuzu have reportedly announced ....
ISRO presents its free space quantum communication study
India’s national space agency, Indian Space Research Organization (ISRO) has made it to the headlines recently for demonstrating free-space quantum communication over a distance of 300 meters fo....
LenderClose seizes $10Mn in Series B funding, aims to expand business
Spearheading its vision of expanding its business reach, LenderClose, a real estate & home equity lending tech platform, has announced attaining new capital worth $10 million in a Series B funding....
Hyundai Mobis, Meridian partner to offer high sound quality to vehicles
South Korean automaker, a subsidiary of Hyundai Motor Corp., Hyundai Mobis has reportedly announced collaborating with British audio pioneer- Meridian Audio, to provide premium quality sound to the gl....
Group14 bags $17Mn to accelerate Li-silicon battery production
The investment will help Group14 meet the rising demand for its flagship offering and support electrification of the automobile sector Washington-based Li-ion battery technology maker, Group14 Techno....
Fortify bags $20Mn in Series B funding round to scale-up manufacturing
The investment will be used to support team growth, facilitate expansion in high-value application segments and boost production capacity Fortify, a Boston-headquartered additive manufacturing startu....
Ekos introduces Craftlab platform to streamline business operations
North Carolina’s leading business management software for wine, beer, and cider producers, Ekos has recently announced the launch of a new website Craftlab. According to reliable reports, the we....
FiVerity generates $2Mn to expand cyber fraud detection platform
One of Boston’s leading supplier of cyber fraud detection and threat intelligence- FiVerity, Inc., has reportedly announced generating nearly USD 2 million in an attempt to expand and improve it....