Tag: invests

Japan – MHI Invests in Advanced Ionics, a U.S. Startup, to Enhance and Diversify the Hydrogen Value Chain

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

OIG Invests in Peltbeam, a 5G mmWave Technology Company

 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

Fund under SZCDG invests RMB5 billion for 69.35% equity interest in China South City Xi’an, Further strengthening cooperation between the two parties

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

Japan – MHI Invests in Electric Hydrogen, a U.S. Startup, to Accelerate Efforts to Produce Clean Hydrogen at Scale

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

Kahoa Invests in Alternate Financing Company VUE Corp.

 Kahoa has invested in VUE Corp., the alternative finance solution for the wedding event industry. This VUE Corp. series A round is led by Kahoa, whose goal is to invest in Silicon Slopes technology innovation. Financial terms are undisclosed. Kahoa will become a full investor in VUE Corp. and will not only invest capital but the time and talents of their expert employees. Through this, Kahoa will give their employees the option to hold equity in VUE Corp., as well as other Silicon Slopes ventures in the future. This undertaking is a collaboration between two local silicon slopes businesses that ... Read more