UAE investment firm Amanat unveils social infrastructure platform

Amanat Holdings PJSC, a healthcare and education investment company based in UAE, has unveiled its Social Infrastructure Platform with the procurement of the real estate property of CMRC (Cambridge Medical & Rehabilitation Centre) facil....

Tesla to form energy traders’ team as it expands battery projects

American EV behemoth, Tesla is reportedly looking to trade energy capacity for which it is putting together a new team of traders to accomplish that precisely with its platform, Autobidder. Autobidder is a control and real-time trading pla....

Wright tests 2MW aviation-grade engine for electric passenger plane

Aerospace companies have been aspiring to go electric, but flying with engines powered by batteries is more challenging compared to on-road electric vehicles. Wright Electric, an American startup firm, has been working to make electric flig....

Gentex Corporation acquires Israel‘s Guardian Optical Technologies

Gentex Corporation, an automotive solution provider, has recently announced the purchase of Guardian Optical Technologies, an Israel-based startup that pioneered a unique, multi-modal sensor technology to deliver a comprehensive suite of dr....

Hyundai Motor announces carbon-neutral commitment at IAA Mobility 2021

Hyundai Motor Company, a South Korean multinational automotive manufacturer, has recently pledged to become carbon neutral by 2045, an announcement made at IAA Mobility 2021. The automaker considers clean mobility, green energy, and next-g....

Juniper Networks collabs with Intel to develop Open RAN ecosystem

Juniper Networks, a leading provider of networking products and services, has collaborated with Intel to speed up innovations in the Open Ran (ORAN) ecosystem. As per sources, the partnership will involve the two firms working on pre-integ....

AON3D raises $11.5 Million in funding; collaborates with Astrobotic

AON3D, a Canada-based company that manufactures industrial 3d printers for making thermoplastic aircraft parts, has announced raising $11.5 million in Series A funding round as well as collaborating with space robotics firm, Astrobotic Tech....

Amazon to create over 8,000 direct jobs across 35 Indian cities

American e-commerce giant, Amazon has announced hosting its first-ever Career Day in India on September 16, bringing together Amazon leaders to discuss what makes the company a great place to work. Amazon will demonstrate how it is plannin....

Gatik raises $85Mn to expand autonomous delivery truck operations

Gatik, a company that focuses on short-haul, business-to-business (B2B) logistics for the retail industry, has recently secured $85 million in a Series B round headed by Koch Disruptive Technologies, the venture arm of Koch Industries. Exi....

Finance startup OTO Capital bags $6Mn in a Series A funding round

Automotive financing startup, OTO Capital has raised $6 million in a Series A funding round led by Matrix Partners India. The round included some existing and new investors like Better Capital, 9Unicorns, Prime Venture Partners and marquee....