Tag: invests

NEC X, the Silicon Valley-based innovation accelerator and venture studio backed by global IT leader NEC, today announced a new investment in Multitude Insights, the provider of a transformative AI-powered solution enabling greater collaboration and faster case resolution for law enforcement agencies and first responders. In addition, Multitude Insights has joined NEC X’s Elev X! Boost program, which empowers ambitious startups on the brink of significant scaling with a unique and customizable blend of capital, strategic partnerships, and integrations with NEC’s expansive tech ecosystem. “Matthew White and Akihiko Izu bring unique expertise into governmental and public sectors, leveraging their diverse ... Read more

Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it has invested in Advanced Ionics, Inc., a high efficiency, low-temperature water vapor electrolysis technology startup company headquartered in Milwaukee, Wisconsin. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a consortium of investors, including bp. Ventures (bp), Clean Energy Ventures (CEV) and others. Novel electrolyser in Laboratory of Advanced Ionics Advanced Ionics is developing a water vapor electrolyzer that utilizes low-temperature water vapor (from 100degC) to produce hydrogen with more than 30% less power consumption than typical water electrolyzers. Since the low-temperature water vapor used can ... Read more

 Optimal Investment Group (OIG) announced today a follow-on investment in Peltbeam Inc. Peltbeam, based in Newport Beach, CA is a leading innovator in the communications industry, revolutionizing the implementation and usage of 5G millimeter-wave (mmWave) spectrum. Peltbeam’s smart repeaters help unlock the full potential of 5G technology, transforming the way we connect and communicate in the digital age. Led by CEO Shervin Odabaee and leveraging years of extensive research and development, Peltbeam has pioneered cutting-edge technology that addresses the limitations associated with the implementation and usage of mmWave spectrum. By harnessing the power of advanced signal processing algorithms and intelligent ... Read more

China South City Holdings Limited (the “Company” or the “Group”, SEHK stock code: 1668.HK) is pleased to announce that China South International, a direct wholly-owned subsidiary of the Company, has entered into an investment agreement with Shenzhen Shenji No.1 Industrial Park Investment and Operation Co., Ltd. under Shenzhen SEZ Construction and Development Group Co., Ltd. (“SZCDG”), pursuant to which the latter has agreed to subscribe for 69.35% new shares of “China South City Xi’an” at a cash consideration of RMB5 billion (equivalent to approximately HK$5.58 billion). Upon completion of the transaction, the Group’s shareholding in “China South City Xi’an” will ... Read more

Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. Through this investment, MHI aims to strengthen and diversify its hydrogen value chain, advance its energy transition business, and act on its commitment toward global carbon neutrality goals. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a consortium of investors including Breakthrough Energy Ventures, Equinor, Amazon, Honeywell, and Rio Tinto. “No single company can provide needed technology to achieve global decarbonization, which ... Read more