Agricool raises 28M USD to make urban farming a reality

In 2030, 20% of products consumed worldwide will come from urban farming (compared to 5% today). In the past 3 years, Agricool’s teams have developed a technology to grow local, healthy fruits and vegetables more productively and within small and controlled spaces, known as “Cooltainers” (recycled shipping containers transformed into urban farms).

IBM Changes Cloud Landscape with Red Hat Acquisition

IBM and Red Hat will be strongly positioned to address this issue and accelerate hybrid multi-cloud adoption. Together, they will help clients create cloud-native business applications faster, drive greater portability and security of data and applications across multiple public and private clouds, all with consistent cloud management.

Osram Acquires Stake in Montreal-Based Horticulture Start-up Company Motorleaf

Osram’s venture capital arm, Fluxunit, has acquired a stake in Canadian startup Motorleaf, an artificial intelligence company focused on bringing actionable, data-driven insights to greenhouse and indoor farm operators.
7 months ago

Anglophone West Africa’s brightening economic prospects

The economic forecast for Anglophone West Africa is looking brighter according to analysis by Ecobank’s research team in the newly published Anglophone West Africa section of its flagship financial website, Africa FICC. Nigeria, Africa’s largest economy, is at last moving out of recession, Ghana’s growth continues to be strong, and the region’s smaller countries are picking up as they shake off the lingering effects of the Ebola outbreak in 2013-16.
8 months ago

VentureEU will raise €2.1 billion to boost venture capital investment in Europe's innovative start-ups

The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost investment in innovative start-up and scale-up companies across Europe.
8 months ago

Call for Applications: GovHack on Economy & Society for the cities of Jakarta and London

Startups applying to this challenge should be utilizing big data applications and predictions to help improve decision making and analytics and help improve human wellbeing.
Applications are closed
8 months ago

L'Oréal announces the acquisition of ModiFace, leader in augmented reality and artificial intelligence applied to the beauty industry

L'Oréal announces the acquisition of 100% of the Canadian company ModiFace, an internationally recognized leader in augmented reality and artificial intelligence applied to the beauty industry.
9 months ago

Atomwise Raises $45 Million Series A to Become the Preferred Artificial Intelligence Partner for the Global Pharmaceutical Industry

Like software used to design airplanes and computer chips in simulation, Atomwise can help make predictions about new potential medicines before they are made, reducing the need for costly and time-consuming physical synthesis and testing.
9 months ago

Traditional car companies investing billions in M&A to play catch-up in autotech race says Hampleton Partners’ M&A Report

The latest Automotive M&A Market Report from international technology mergers and acquisitions advisors, Hampleton Partners, shows that established automotive companies, such as Ford and Continental, are investing billions to wrest back the initiative from their Silicon Valley rivals, Google, Apple and Tesla, in developing the auto industry of the future.
10 months ago

The Sahel Alliance Announces the Implementation of Over 500 Projects for a Total Amount of EUR 6 billion

The Sahel Alliance will take action in six priority sectors: youth employment, rural development and food security, energy and climate, governance, decentralization and access to basic services, and security.
10 months ago

Humanity United launches Working Capital, a $23 million venture fund to invest in ethical supply chain innovations

Working Capital, an early-stage venture fund, launched today with the goal of accelerating supply chain innovations to enable corporations to operate more transparently and ethically around the world. It was founded by Humanity United, a foundation that is part of The Omidyar Group, a diverse collection of organizations, each guided by its own approach, but united by a common desire to catalyze social impact.
a year ago

ENGIE to acquire a majority stake of Electro Power Systems, a pioneer in hybrid storage solutions

ENGIE announces today the signing of a share purchase agreement to acquire a majority stake of Electro Power Systems (EPS) slightly above 50% of the share capital and voting rights from its main shareholders (notably 360° Capital Management, Ersel Asset Management SGR and Prima Industrie, members of the Board of Directors, and members of the management team).
a year ago

Government of Canada helps innovators and entrepreneurs find funding simply and quickly

The Government of Canada has created Innovation Canada, a one-stop-shop for Canada's innovators and entrepreneurs.The Innovation Canada website is able to match users with the programs and services that will best meet their needs.
a year ago

Renault-Nissan-Mitsubishi Launches a Venture Capital Fund to Invest up to $1 Billion Over Five Years

Renault-Nissan-Mitsubishi announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years.
a year ago

Amadeus Ventures invests in Situm, an ‘indoor GPS’ startup for travellers at airports, train stations or conference centres

The Spanish startup provides indoor positioning, tracking and navigation services for many different uses. For example, it can guide visitors inside a large building, track the location of security staff in case of emergencies, or track moving objects inside factories. Situm is the latest startup to benefit from investment by Amadeus Ventures. Thousands of buildings around the world have already used its technology, which provides high location accuracy, up to 1 metre, with the lowest infrastructure investment and complexity for indoor services.
a year ago

Thales and Gemalto Create a World Leader in Digital Security

By acquiring a global leader in trusted identities and data security, Thales adds over €3bn of revenue to its digital business sales and acquires a set of technologies and competencies that have applications in all of Thales’s five vertical markets. The combination creates a powerhouse with a solution portfolio including security software, expertise in biometrics and multifactor authentication and the issuance of secure digital and physical credentials.
a year ago

Orange Digital Ventures is investing in FollowAnalytics, a leading Mobile Marketing Automation solutions provider

Orange Digital Ventures announces its participation in the financing of FollowAnalytics, recognized for its innovative next generation Mobile Marketing Automation solutions.
a year ago

Valeo invested 50 million euros in Cathay CarTech Fund specialized in China’s very dynamic automotive and mobility ecosystem

Cathay CarTech will focus on China with plans to invest a total of 1.5 billion yuan (~200 million euros) in innovative companies and start‑ups.
a year ago

Commodity-dependent developing countries need to boost efforts to diversify their economies

According to the report, policies that can promote inclusive growth over the next 15 years include economic diversification, expanding the linkages between the commodity sector and the national economy, adopting countercyclical expenditure policies which build commodity revenue buffers during price upswings to use them during downswings, adding value to raw commodities, and investing in social protection, health and education.
a year ago

Alibaba Group, Auchan Retail and Ruentex Form New Retail Strategic Alliance in China’s food retail sector

The alliance reflects Alibaba’s “New Retail” vision to leverage its internet-based approach and new technology, while working closely with retailer partners to provide a seamless online and offline experience to consumers in China.
a year ago

2 billion USD of Capital available for FinTech start-ups through Singapore FinTech Festival 2017's Investor Summit

The Investor Summit was the finale of the four-month long matchmaking programme to provide opportunities for FinTech start-ups to access funding from local and global investors. More than 1,000 FinTech start-ups and 400 investors indicated interest to participate in the process and 525 connections were made among interested parties.
a year ago

Amadeus Ventures invests in AVUXI, the Startup that Ranks the Popularity of Every place on Earth

AVUXI’s TopPlace™ technology shows the most popular areas within a city through easy to understand heat map overlays, so travellers searching for a hotel on an online travel agency or metasearch site can intiutively understand the most popular places in the city they are about to visit.
a year ago

Mergers and Acquisitions and Corporate Innovation

Mergers and acquisitions can strengthen a firm's innovation efforts but those in developing countries need to build up absorptive capacity.
a year ago

UN forum in Bahrain Call for the Integration of Entrepreneurship and Innovation for Sustainable Development

A United Nations forum on sustainable development concluded today in Bahrain with a strong call for the integration of entrepreneurship and innovation in all economic and social dimensions as key strategies to implement the Sustainable Development Goals.
a year ago

Ninebot Raises $100 Million USD for Mobile Robotics and Intelligent Short-Distance Transportation Products

China Renaissance is an exclusive financial adviser in this financing. In a bid to further enhance the deployment of Ninebot's business around the world, this round of financing will be dedicated to mobile robotics and intelligent short-distance transportation solutions.
a year ago

ING announced a EUR 300 million Venture Capital Fund to invest in Fintech Start-ups

ING announced the formation of a EUR 300 million venture capital fund to invest in financial technology (fintech) start-ups. But as new CEO of ING Ventures Benoît Legrand explains, it needs to come with a new mind-set.
a year ago

Israeli Smart Farming Winning Outsized Share of Global Funding Report by Start-Up Nation Central

Israeli Smart Farming solutions in IoT systems, machine-learning algorithms, and big-data analytics are being deployed to analyze soil, water, and plant tissue; in solar-powered, wireless sensors that enable crop/livestock monitoring and precision agriculture; in drone-mounted sensors for analysis of fields; and in ultra-sensitive smart irrigation systems that assess crop conditions.
a year ago

European startup iAdvize, specialized in Conversational Marketing and Artificial Intelligence raises 32 millions euros

iAdvize, the European leader in conversational marketing, today announces 32 millions euros of series C funding with participation from Idinvest Partners, Bpifrance via Large Venture, the fund dedicated to innovating and hyper-growth companies, and Quadrille Capital.
a year ago

AlgaPrimeDHA, a sustainable omega-3-rich whole algae ingredient, has received the 2017 Global Aquaculture Innovation Award

AlgaPrimeDHA is currently produced at Corbion's and Bunge's SB Renewable Oils joint venture facility in Brazil. The facility embodies the principles of sustainable production to produce algae-based products with low carbon, water and land use impacts. Based on sugarcane feedstock, AlgaPrime DHA has a lower carbon and water footprint and higher yield per hectare than DHA produced from most other non-marine sources.
a year ago

Over US$30 billion of deals make Technology M&A Deal of the Year 2017 shortlist

With a combined total worth over US$30bn, six technology merger and acquisitions have been shortlisted for the Technology M&A Deal of the Year 2017 Award, which will be presented to technology companies or investors, and their banking advisers at the TMT M&A Awards 2017 Awards Dinner, in London on November 29.
a year ago

Total Expands Its Energy Efficiency Business With the Acquisition of GreenFlex

GreenFlex is one of the European leaders in its sector, with more than 600 clients. The company is forecasting revenues of more than €350 million in 2017 and employs 230 people. GreenFlex combines data intelligence and equipment management and financing to help clients manage their energy consumption efficiently.
a year ago

BioSerenity, Start-up specialized in E-Health Solutions, raises 15 million Euros

BioSerenity has successfully deployed a collaborative business model with the pharmaceutical industry through partnerships that rely on the creation of a complete technological solution (hardware device, smartphone app, medical cloud, and an automatic analysis of data by Artificial Intelligence).
a year ago

Cargill Acquires Sri Thai feed mill in Thailand to expand Animal Nutrition Business

The feed mill has ceased production, and the plan is to begin production in a year. Once fully operational in May 2018, the plant will employ around 50 employees and produce 72,000 MT of feed per year for swine and poultry customers in the Eastern and Northeastern areas of Thailand.
a year ago

MIT student Meghan McCormick leads a Venture that Helps Young Entrepreneurs in West Africa

The company currently has 36 companies in its portfolio, with half related to agriculture and a big portion in education. After the Ebola outbreak subsided, they returned to Guinea while continuing to provide services in Benin. Now, they have also expanded to Ghana, where they are developing a business analytics tool that helps small businesses make data-driven decisions to improve their performance.
a year ago

Deere to acquire Blue River Technology, Agtech specialized in Computer Vision and Machine Learning Technology for Precision Agriculture

Blue River has designed and integrated computer vision and machine learning technology that will enable growers to reduce the use of herbicides by spraying only where weeds are present, optimizing the use of inputs in farming, a key objective of precision agriculture.
a year ago

Altran acquires GlobalEdge, an India-based product engineering company specialized in IoT connectivity and Embedded Software

The acquisition provides Altran with deep expertise in the latest mobile connectivity technology and emerging technologies such as 5G. It will reinforce the leading edge expertise of the Altran's Advanced Network World Class Center created earlier this year.
a year ago

Memphis Meats produced Beef, Chicken and Duck directly from Animal Cells, without the need to Raise and Slaughter Animals

Memphis Meats plans to use the funds to continue developing delicious products, to accelerate its work in scaling up clean meat production, and to reduce production costs to levels comparable to, and ultimately below, conventional meat costs. The company expects to quadruple its headcount, and has already begun growing its team of chefs, scientists creative people and business people.
a year ago

Nielsen Acquires Artificial Intelligence-Powered Sports Marketing Startup vBrand

Nielsen announced it has acquired vBrand, an Israel-based technology startup that has developed a machine learning-enabled platform to measure brand exposure and impact in sports programming.
a year ago

Toyota AI Ventures to provide early-stage financing to Startups in Artificial Intelligence, Robotics, Autonomous Mobility and Data and Cloud Technology

Toyota Research Institute (TRI) is investing an initial $100 million to launch Toyota AI Ventures, a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies.
a year ago

Bpifrance and KfW to sign an Agreement for co-investments in French-German Venture Capital funds

Bpifrance and KfW will sign in 2017 an agreement for co-investments in French-German venture capital funds on both sides of the Rhine, with the objective of a first project financed no later than mid-2018. Such an initiative, which would mobilize up to € 1 billion of public and private investment, will enable the best national venture capital players to become pan-European, benefiting the growing startups of all sectors: digital but also Biotechnologies, environmental technologies.
a year ago