Invests

Representative image.Stellantis Ventures, the corporate venture fund of Stellantis N.V., has invested in SteerLight, the developer of a new generation of high-performance LiDAR (Light Detection and Ranging) sensing technology.Employing silicon photonics technology, which combines a universal semiconductor material with the speed of photos, the SteerLight LiDAR senses the surrounding environment in three dimensions with higher resolution and precision, and at a lower…

Contract manufacturing startup Zetwerk has raised $20 million (about Rs 166 crore) in fresh investments from venture debt and private equity firm Wheelhouse Venture Capital. Rakesh Gangwal, the cofounder of Indigo Airlines, has made the investment through the venture firm, Zetwork said, confirming the development.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…

Eatron Technologies foundersOshkosh, Wis. Oshkosh Corporation, a leading innovator of purpose-built vehicles and equipment, said that it has invested in Eatron® Technologies, a pioneering developer of Artificial Intelligence (AI) powered Battery Management Software (BMS). Oshkosh’s investment in Eatron supports its vision to leverage advanced analytics and predictive modelling for lithium-ion batteries to manage its wide range of electric vehicles.“The investment in…

In a move that underscores the evolving landscape of cryptocurrency investments, a forward-thinking Cardano (ADA) holder has ventured into the realm of artificial intelligence by investing in Option2Trade (O2T), a token at the forefront of A.I. technology in trading. This pivotal decision marks a significant shift towards leveraging cutting-edge technologies to enhance trading strategies, optimize returns, and pioneer the integration of A.I. within the crypto space. The Cardano (ADA) holder’s investment in…

Jungle Ventures on Tuesday said it invested $20 million in Walko Food, an ice-cream brand and quick-service restaurant company. The investment is in line with a broader trend that the food-linked startup ecosystem is witnessing.The Singapore-based venture capital firm is focussed on companies in the early growth stage in India and Southeast Asia. This is its second investment in Walko Food in less than 12 months.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced…

The Managing Director of BUA Foods, Ayodele Abioye, on Wednesday revealed that the company has invested over $200 million in its integrated sugar estate project. Mr Abioye, who disclosed this at a press briefing held in Lagos Wednesday, noted that the estate is located in Lafiagi, Kwara State. He revealed that the company was investing in the project comprising a sugar refinery, ethanol plant and other supporting infrastructure to reduce dependence on forex-impacted raw materials. “The bulk of our raw materials…

Managing money and kids is a difficult task, particularly when the children are old enough to think they know how to make decisions. After all, investing, college funds, all quite boring in the face of instant gratification.A man turned to the internet for advice after a marital disagreement on how he used his son’s “lottery winnings.” After going through a round of lottery tickets as a family, the one his son took won a considerable amount of money. So OP invested it and it ended up paying off. However, some believe he…

The Walt Disney Co. has announced plans to make a $1.5 billion equity investment into Epic Games, which will give the entertainment giant an equity stake in the creator of the Fortnite video game.Disney CEO Bob Iger, appearing on CNBC Wednesday afternoon, called the initiative Disney’s “biggest foray into the games space ever.” The plan is to create a new “games and entertainment universe” that will live alongside (and be interoperable) with Fortnite, and will include characters from major franchises, including Star Wars,…

Disney has announced a $1.5bn move into video games, striking a partnership with Epic Games, the publisher of Fortnite, and agreeing to take a minority stake in the business.The Hollywood giant said it would build a “games and entertainment universe” with Epic for fans of its key franchises, including Pixar, Marvel and Star Wars.Bob Iger, chief executive of Disney, said the deal would amount to its “biggest entry ever into the world of games, and offers significant opportunities for growth and expansion”.It came as the…

The Walt Disney Corporation has just put a lot of money into Epic Games, all to make a new universe. Disney announced today that it’s purchased a $1.5 billion stake in Epic, with the latter working on a “new games and entertainment universe” for the former. The announcement from Disney says it will be a multiyear project, for a new persistent universe that will be a “world class” games experience and also interoperate with Epic’s ever-popular pop-culture mash-up machine, Fortnite. This new universe will have…