BlackRock, Microsoft, Global Infrastructure Partners (GIP), and MGX have unveiled the Global AI Infrastructure Investment Partnership (GAIIP), a strategic collaboration aimed at building the infrastructure necessary to meet the rising demand for artificial intelligence (AI) computing. This initiative seeks to unlock $100 billion in investment potential, starting with an initial $30 billion of private equity […]
WorkJam, the leading digital platform for frontline workforce management, has announced a significant $20 million investment from Export Development Canada (EDC). This move marks a pivotal moment for the company and could have far-reaching implications for the global workforce. Investment to Propel International Growth WorkJam’s latest funding round, bolstered by the $20 million investment from […]
HFCL Limited (HFCL), a leading Indian technology enterprise renowned for its high-end telecom equipment, optical fiber, and communication network solutions, has announced a strong financial performance for the first quarter of FY25. The company reported a consolidated quarterly revenue of ₹1,158 crores, an impressive increase from the ₹995 crores recorded in the same quarter last […]
ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC have jointly announced that their collaborative venture, Enersol, will acquire a 51% equity stake in NTS AMEGA for approximately $58 million, positioning Enersol as the majority stakeholder. The transaction, initially mirrored by Alpha Dhabi’s October 2023 investment in NTS, is pending regulatory approval and customary closing […]
Toshiba Electronic Devices & Storage Corporation has marked a significant advancement in its semiconductor production capabilities with the completion of a new 300-millimeter wafer fabrication facility at Kaga Toshiba Electronics Corporation in Ishikawa Prefecture, Japan. This development is a crucial part of Phase 1 of Toshiba’s multi-year investment program aimed at ramping up production capacity. […]
Artemis, a technology startup focused on transforming data preparation, announced that it has secured $1.5 million in pre-seed funding. The funding round was led by Raven Indigenous Capital Partners, with significant contributions from Telegraph Hill Capital, Ripple Ventures, and various angel investors. This investment underscores the growing recognition of the critical role data quality plays […]
EQT Private Equity, under its EQT X fund, announced today a significant strategic acquisition, taking over Avetta from Welsh, Carson, Anderson & Stowe (WCAS). This move positions EQT at the forefront of global supply chain risk management, spotlighting Avetta’s leading role in the sector. Avetta’s cloud-based Software as a Service (SaaS) platform has been pivotal […]
The London Technology Club (LTC), a premier global platform for technology investment opportunities, has announced a significant milestone with the successful exit of its founder and CEO, Konstantin Sidorov, along with some club members, from the investment in Channel Mechanics. The sale of this leading Partner Relationship Management (PRM) company to Allbound marks a notable […]