Venture

Molten Ventures Plc: Completion of Acquisition, Admission of New Molten Shares and Total Voting Rights

Retrieved on: 
Wednesday, April 10, 2024

The Acquisition was implemented by way of a court-sanctioned scheme of arrangement (“Scheme”) between Forward and Scheme Shareholders under Part 26 of the Companies Act.

Key Points: 
  • The Acquisition was implemented by way of a court-sanctioned scheme of arrangement (“Scheme”) between Forward and Scheme Shareholders under Part 26 of the Companies Act.
  • An application has also been made to Euronext Dublin in respect of a secondary listing on the Euronext Dublin Daily Official List and to trading on the Euronext Dublin Market.
  • Admission and commencement of dealings in the New Molten Shares is expected to take place at or soon after 8.00 a.m. on 15 March 2024, at which time the Acquisition will complete.
  • The total number of voting rights in Molten will therefore be 189,046,450.

Coalesce Raises $50 Million in Funding to Accelerate Innovation for Data Teams

Retrieved on: 
Thursday, April 4, 2024

Since publicly launching in 2022, Coalesce has revolutionized data transformation within the ELT (Extract, Load, Transform) workflow on the Snowflake Data Cloud .

Key Points: 
  • Since publicly launching in 2022, Coalesce has revolutionized data transformation within the ELT (Extract, Load, Transform) workflow on the Snowflake Data Cloud .
  • Its unique approach to data transformation helps data teams accelerate data pipeline development and improve data collaboration.
  • “Snowflake Ventures invests in our ecosystem partners to accelerate innovation,” said Harsha Kapre, Director at Snowflake Ventures.
  • Coalesce is also a Double-Black Diamond partner (booth 2303) at Snowflake’s Data Cloud Summit 2024 , June 3-6 in San Francisco.

Stellantis Ventures Invests in Breakthrough, Cost-effective LiDAR Technology for Advanced Driver Assistance Systems

Retrieved on: 
Wednesday, March 20, 2024

Stellantis Ventures Invests in Breakthrough, Cost-effective LiDAR Technology for Advanced Driver Assistance Systems

Key Points: 
  • Stellantis Ventures Invests in Breakthrough, Cost-effective LiDAR Technology for Advanced Driver Assistance Systems
    Technology that helps deliver clean, safe and affordable mobility is a key component of the Stellantis Dare Forward 2030 strategic plan
    AMSTERDAM, March 20, 2024 – Stellantis Ventures, the corporate venture fund of Stellantis N.V., today announced it has invested in SteerLight, the developer of a new generation of high-performance LiDAR (Light Detection and Ranging) sensing technology.
  • The technology has the potential to give drivers of future Stellantis brand vehicles better performance in a variety of advanced driver assistance systems (ADAS), including automated driving.
  • It overcomes challenges of today’s LiDAR technology for vehicles – component size and high cost.
  • The FMCW technology provides highly accurate depth and velocity data while resisting interference from the surrounding environment and other users.

Full Glass Wine Co. Secures $14 Million Funding; Acquires Leading DTC Wine Subscription Brand, Bright Cellars

Retrieved on: 
Thursday, April 4, 2024

This combined announcement signifies Full Glass Wine Co.’s commitment to become the dominant player in the evolving DTC wine market.

Key Points: 
  • This combined announcement signifies Full Glass Wine Co.’s commitment to become the dominant player in the evolving DTC wine market.
  • Full Glass Wine Co-Founder and CEO, Louis Amoroso, is a three-decade veteran and pioneer in the DTC beverage industry.
  • By acquiring Bright Cellars, Full Glass Wine Co. expands its subscription-based models, while Winc and Wine Insiders cater to different purchase preferences and price points.
  • The acquisition of Bright Cellars brings several benefits to Full Glass Wine Co. By integrating Bright Cellars' loyal customer base, Full Glass Wine Co. expands its reach and connects with a broader audience of wine enthusiasts.

Airbus Ventures Invests in OROS Labs®, Creators of Solarcore® Insulation, in $22M Series B Funding Round

Retrieved on: 
Wednesday, April 3, 2024

Airbus Ventures announces its investment in OROS Labs, an innovative thermal solutions company, which has raised $22 million to support the company’s expansion in consumer, commercial, and government industries.

Key Points: 
  • Airbus Ventures announces its investment in OROS Labs, an innovative thermal solutions company, which has raised $22 million to support the company’s expansion in consumer, commercial, and government industries.
  • This round of funding was led by Airbus Ventures, with participation from REI Co-op Path Ahead Ventures, Platinum Mile Ventures, Culper Ventures, Crumpton Ventures, Iron Gate Capital Advisors, Enlightenment Capital, CTK and the Goldwin Play Earth Fund, among others.
  • With the flexible design of its thermal product suite, Solarcore® represents the most versatile aerogel materials ever made,” remarks Nicole Conner, Airbus Ventures Partner.
  • “We are proud to lead OROS Labs’ Series B round, and to bring the OROS Labs team into the Airbus Ventures portfolio.”
    “The support from our investors in this Series B funding round strongly reflects our ambition to reinvent a field that has seen limited innovation,” said Michael Markesbery, co-founder and CEO at OROS Labs.

Northern California's Venture Properties Joins Real

Retrieved on: 
Tuesday, March 26, 2024

Real (NASDAQ: REAX), the fastest-growing, publicly traded brokerage firm, today announced that Venture Properties, led by veteran broker Aaron Nelson, has joined Real.

Key Points: 
  • Real (NASDAQ: REAX), the fastest-growing, publicly traded brokerage firm, today announced that Venture Properties, led by veteran broker Aaron Nelson, has joined Real.
  • Since its founding, Venture Properties has sold more than 6,400 homes with a value in excess of $1.9 billion throughout Shasta County.
  • “We are proud to welcome Aaron and the entire Venture team to Real,” Real President Sharran Srivatsaa said.
  • “Venture Properties has become synonymous with attracting top producers who put the needs of their clients first, and I’m proud of what we’ve accomplished.

Leading healthcare fund manager RA Capital launches biotech ETFs

Retrieved on: 
Monday, April 1, 2024

The first ETF that RA Capital will begin trading today is RABB (RA Best Biotech ETF).

Key Points: 
  • The first ETF that RA Capital will begin trading today is RABB (RA Best Biotech ETF).
  • This fund is composed of what RA Capital has termed "core" development-stage biotech companies held by at least one biotech specialist peer fund.
  • "What's long been missing from the menu of biotech ETFs is a fund constructed strictly based on borrowed conviction," said Peter Kolchinsky, a virologist and Managing Partner of the firm.
  • For those who think that specialists have it wrong, RA Capital is also launching the RA Peripheral Portfolio, which will trade under the symbol RAPP.

4Front Ventures Provides Progress Report on Norridge Opening and Matteson Facility Updates and Announces Launch of Crystal Clear Blast in Massachusetts and Illinois

Retrieved on: 
Thursday, March 21, 2024

(CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, proudly expands its vape product portfolio with the introduction of Crystal Clear Blast in Massachusetts and Illinois.

Key Points: 
  • (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, proudly expands its vape product portfolio with the introduction of Crystal Clear Blast in Massachusetts and Illinois.
  • "We're excited about reaching critical milestones, such as the imminent opening of the Norridge store and the progress at our Matteson facility, highlighting our expansion in Illinois.
  • 4Front is thrilled to introduce Crystal Clear Blast to consumers in Massachusetts and Illinois, reaffirming its commitment to innovation and quality.
  • Crystal Clear Blast will become available at Mission Dispensaries in Illinois and Massachusetts this Friday, March 22nd.

Synergies Work Announces Finalists for 2024 EDDIE Awards

Retrieved on: 
Wednesday, March 20, 2024

ATLANTA, March 20, 2024 /PRNewswire-PRWeb/ -- Synergies Work, an Atlanta nonprofit supporting entrepreneurs with disabilities, today announced the 15 finalists across five categories for its 2nd annual EDDIE Awards taking place April 11 from 5:30-9:00 p.m. at Cobb Energy Performing Arts Center in Atlanta. Learn about the finalists and their respective categories here.

Key Points: 
  • ATLANTA, March 20, 2024 /PRNewswire-PRWeb/ -- Synergies Work , an Atlanta nonprofit supporting entrepreneurs with disabilities, today announced the 15 finalists across five categories for its 2nd annual EDDIE Awards taking place April 11 from 5:30-9:00 p.m. at Cobb Energy Performing Arts Center in Atlanta.
  • --Synergies Work Founder and CEO Aarti Sahgal
    One winner will be named in each category.
  • Finalists will receive an all-expenses-paid trip to the EDDIE Awards to take part in the evening's celebration.
  • Remaining proceeds from the EDDIE Awards will be used to support Synergies Work's programs, all of which are free to disabled founders.

Operation HOPE Ventures Invests $25,000 in The Black Coffee Company

Retrieved on: 
Monday, March 18, 2024

ATLANTA, March 18, 2024 /PRNewswire/ -- Operation HOPE Ventures, a wholly owned subsidiary of Operation HOPE, is proud to announce its recent investment of $25,000 in The Black Coffee Company (TBCC). The first-of-its-kind donation comes as a culmination of TBCC's participation in the One Million Black Businesses (1MBB) initiative, aimed at fostering the growth and scalability of Black-owned ventures nationwide. The move signifies confidence in TBCC's leadership and mission to drive sustainable growth.

Key Points: 
  • ATLANTA, March 18, 2024 /PRNewswire/ -- Operation HOPE Ventures, a wholly owned subsidiary of Operation HOPE , is proud to announce its recent investment of $25,000 in The Black Coffee Company (TBCC).
  • Given their ties to Atlanta, where Operation HOPE is headquartered, their success stands as a reminder that charity begins at home," said John Hope Bryant, Founder, Chairman and CEO of Operation HOPE and HOPE Ventures.
  • "HOPE Venture's investment helped us exceed our fundraising goal, which is instrumental in propelling our vision forward," said Chris Bolden, a founding member of The Black Coffee Company.
  • Black Coffee customers state that drinking coffee is not only a morning ritual or a daily pick-me-up but also a social experience that brings people together.