Wildfire

Strategic Investor Sabanci Climate Ventures Joins AiDash Series C Round

Retrieved on: 
Monday, March 25, 2024

AiDash , an enterprise SaaS company making critical infrastructure industries climate-resilient and sustainable with satellites and AI, today announced that Sabanci Climate Ventures , the Energy and Climate Technologies Venture Capital arm of Turkish industrial conglomerate Sabanci Holding , joined the company’s $50 million Series C funding round as a strategic investor.

Key Points: 
  • AiDash , an enterprise SaaS company making critical infrastructure industries climate-resilient and sustainable with satellites and AI, today announced that Sabanci Climate Ventures , the Energy and Climate Technologies Venture Capital arm of Turkish industrial conglomerate Sabanci Holding , joined the company’s $50 million Series C funding round as a strategic investor.
  • Sabanci Climate Ventures’ expertise in advancing value and opportunities across energy, utilities, and other sectors will be an essential part of AiDash’s long-term growth strategy.
  • View the full release here: https://www.businesswire.com/news/home/20240325842637/en/
    AiDash announced that Sabanci Climate Ventures joined the company’s $50 million Series C funding round as a strategic investor.
  • “Adding Sabanci Climate Ventures as an investor is an important step in helping AiDash scale and meet demand across the EMEA market,” said Abhishek Singh, Co-founder and CEO of AiDash.

Masco Corporation Supports American Red Cross Disaster Relief Efforts with $250,000 Donation

Retrieved on: 
Thursday, March 21, 2024

The American Red Cross recognizes Masco Corporation, headquartered in Livonia, MI, for its pledge of $250,000 to the Disaster Responder Program .

Key Points: 
  • The American Red Cross recognizes Masco Corporation, headquartered in Livonia, MI, for its pledge of $250,000 to the Disaster Responder Program .
  • By making a proactive donation to Red Cross Disaster Relief, Masco helps ensure the organization is prepared to meet the needs of people affected by disasters big and small across the U.S.
  • Individuals can help people affected by disasters big and small by making a gift to American Red Cross Disaster Relief.
  • Donations to Disaster Relief enable the Red Cross to prepare for, respond to and help people recover from disasters big and small.

Visa Foundation Helps To Uplift More Than Four Million SMBs

Retrieved on: 
Wednesday, March 20, 2024

As Visa’s corporate foundation, Visa Foundation partners with local organizations to invest in primarily women-owned small- and micro-businesses (SMBs), creating ripple effects for the entrepreneurs and their employees, and the customers and communities they serve.

Key Points: 
  • As Visa’s corporate foundation, Visa Foundation partners with local organizations to invest in primarily women-owned small- and micro-businesses (SMBs), creating ripple effects for the entrepreneurs and their employees, and the customers and communities they serve.
  • Visa Foundation advances financial inclusion by providing SMB owners with digital and financial education and catalytic financing to women-owned SMBs, by investing in women-led funds.
  • “Over the past six years, Visa Foundation has become an enabler of economic mobility,” said Kelly Mahon Tullier, Visa Foundation Board Chair.
  • Through Visa Foundation Matches, Visa employees have helped raise more than $16 million in total donations.

California Energy Commission Awards a $3 Million Grant to BorgWarner, Fermata Energy and Lion Electric for Innovative Vehicle-to-Grid Project with Bus Operator American Transportation to Service Student Transportation for California School Districts

Retrieved on: 
Monday, March 18, 2024

The California Energy Commission (CEC) has awarded BorgWarner Inc. (NYSE: BWA) and project partners Fermata Energy and The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion Electric”) a $3 million grant for an innovative Vehicle-to-Grid (V2G) project.

Key Points: 
  • The California Energy Commission (CEC) has awarded BorgWarner Inc. (NYSE: BWA) and project partners Fermata Energy and The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion Electric”) a $3 million grant for an innovative Vehicle-to-Grid (V2G) project.
  • This initiative is set to bring grid-supporting and cost-saving V2G solutions for services provided by American Transportation to California school districts, marking a significant step forward in energy management and the transition to electric school buses.
  • By working with BorgWarner, Fermata Energy and Lion Electric, the CEC will support the strengthening and decarbonization of California’s grid while pairing a fleet of electric school buses with AI-powered V2G technology.
  • V2X bidirectional school bus technologies can enable school districts to support CEC’s electrification goals while providing revenue or electric bill savings for school bus fleet operators.

CENIC Recognizes UC San Diego’s ALERTCalifornia, CAL FIRE, and DigitalPath for Creating AI Tool for Wildfire Detection

Retrieved on: 
Thursday, March 14, 2024

The collaborative public-private partnership has been essential for building, training, and launching a new AI tool The CENIC Innovations in Networking Awards recognize exemplary people, projects, and organizations that leverage high-bandwidth networking.

Key Points: 
  • The collaborative public-private partnership has been essential for building, training, and launching a new AI tool The CENIC Innovations in Networking Awards recognize exemplary people, projects, and organizations that leverage high-bandwidth networking.
  • “ALERTCalifornia, CAL FIRE, and DigitalPath are very proud to be the recipients of the 2024 CENIC award in recognition of network innovations for public safety.
  • If the incident is vetted and confirmed by trained emergency staff, firefighters respond quickly to extinguish the fire.
  • Prediction, preparation, mitigation, and response to floods, landslides, and other natural disasters can also benefit from artificial intelligence and monitoring.

Mogo launches new Moka.ai investing app designed to help the next generation of Canadians become millionaires

Retrieved on: 
Thursday, March 14, 2024

“Our goal is to help ensure that the next generation doesn’t suffer the same fate.

Key Points: 
  • “Our goal is to help ensure that the next generation doesn’t suffer the same fate.
  • Moka makes it easy.”
    The new Moka.ai app includes a powerful combination of features to help Canadians simplify and automate the wealth-building process.
  • The app also allows for fractional investing; Moka users can easily customize the amount they want to contribute.
  • Canadians can open a Moka.ai account today by downloading the app: App Store and Google Play .

Amid Emerging Climate-Related Disclosures and Rising Commercial Insurance Rates, AreaHub Equips Businesses With Critical Risk Intelligence

Retrieved on: 
Thursday, March 14, 2024

Amid the recent SEC climate risk disclosure rules, a changing insurance landscape, and increasing climate-related losses for businesses, AreaHub announced an Enterprise version of its climate and environmental intelligence platform for U.S. businesses and organizations.

Key Points: 
  • Amid the recent SEC climate risk disclosure rules, a changing insurance landscape, and increasing climate-related losses for businesses, AreaHub announced an Enterprise version of its climate and environmental intelligence platform for U.S. businesses and organizations.
  • According to USI’s 2024 Property & Casualty Market Outlook , natural catastrophe losses continue to increase by 5% to 7% annually.
  • Additionally, as insurance rates rise and insurance companies scale back coverage in certain areas, property owners take on additional risk - leaving businesses exposed to increasing losses.
  • “Climate and environmental risks are affecting businesses’ bottom line,” said AreaHub Co-Founder and CEO Alison Gregory.

AiDash Named to Forbes’ America’s Best Startup Employers 2024 List

Retrieved on: 
Monday, March 11, 2024

AiDash , an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI, announced it has been named 5th among technology companies and 51st overall in the Forbes list of America’s Best Startup Employers 2024 .

Key Points: 
  • AiDash , an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI, announced it has been named 5th among technology companies and 51st overall in the Forbes list of America’s Best Startup Employers 2024 .
  • This is the second year in a row that AiDash has made the list.
  • View the full release here: https://www.businesswire.com/news/home/20240311154436/en/
    Presented by Forbes and market research company Statista, the 6th annual America’s Best Startup Employers list was compiled by gathering and analyzing more than 7 million data points.
  • These solutions enhance climate resilience, sustainability, and operational efficiency, leading to optimized O&M spend, improved reliability, and reduced weather-related incidents.

Report: Colorado's Nonprofit Sector Supports $62 Billion in Economic Activity

Retrieved on: 
Thursday, April 4, 2024

DENVER, April 4, 2024 /PRNewswire/ -- Today, Governor Jared Polis joined nonprofit, business and community leaders, as well as elected officials to share the latest report about Colorado's robust nonprofit sector, which supports 260,000 workers.

Key Points: 
  • The Colorado Nonprofit Economic Impact Report is developed every five years to track this vital sector of the state's economy.
  • Some of the highlights of the findings included:
    The sector directly employs 182,000 people, supports 54,000 jobs in business-to-business activity and 26,000 jobs through household spending, which is 10 percent of all jobs.
  • The total economic impact increased by 55% to $62 billion in 2024 from $40 billion in 2019.
  • Nevertheless, it's encouraging to see the continued growth and strength of the nonprofit sector and the meaningful impact on the economic well-being of our state and its people."

American Red Cross welcomes American Airlines as its newest Mission Leader

Retrieved on: 
Thursday, April 4, 2024

WASHINGTON, April 4, 2024 /PRNewswire/ -- The American Red Cross recognizes American Airlines, headquartered in Fort Worth, TX, as its newest Mission Leader. American joins an elite group of the most generous Red Cross donors — those giving more than $3 million annually to help alleviate suffering in the face of emergencies.

Key Points: 
  • WASHINGTON, April 4, 2024 /PRNewswire/ -- The American Red Cross recognizes American Airlines, headquartered in Fort Worth, TX, as its newest Mission Leader.
  • As a Mission Leader, American pledges financial and in-kind donations to fuel Red Cross relief, response and recovery efforts.
  • "American Airlines is humbled to be recognized as a mission leader of the American Red Cross," said Ron DeFeo, Chief Communications and Marketing Officer at American Airlines.
  • To learn more about Red Cross partnerships, including the Mission Leader program, visit redcross.org.