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Investment

Technology

The Chamber of Minerals and Energy of Western Australia (CME) welcomes BHP’s announcement today of an $800 million funding package that will fund 3500 new Australian apprenticeships and drive up to $450 million in contracts with businesses involved in the mining, equipment, technology and services sector (METS). The commitment will provide for an additional 2500 …

Technology

SAN ANTONIO, Sept. 29, 2020 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has strengthened its strategic alliance with VMware by expanding its managed services across VMware-based multicloud solutions. Rackspace Technology now includes support for Azure VMware Solution, Google Cloud VMware Engine, VMware Cloud on Dell …

Technology

The future of agricultural technologies report released today provides further support for the Australian Government’s National Agricultural Innovation Agenda. Australian agriculture is already world-renowned for its efficiency, productivity improvement and adaption to external challenges. The uptake of new and emerging technologies is critical to the growth and resilience of the agriculture sector. The Australian Government …

Technology

Illustration: Rahul Awasthi Bengaluru-based investment tech startup Smallcase has raised $14 million (approx. Rs 100 crore) in its Series B funding round led by DSP Group along with existing investors Sequoia Capital India, Blume Ventures, Beenext & WEH Ventures. The capital infusion round also saw participation from technology fund Arkam Ventures and angel investors such …

Technology

ST. PETERSBURG, Fla., Sept. 24, 2020 /PRNewswire/ — 5×5 Technologies Inc. (5×5) – a leading provider of 3D spatial computing and data analysis of drone collected data – announced today it closed the first tranche of its $6 million round of Series B funding with Safar Partners Fund.  The new equity funding will accelerate the expansion …

Technology

Infrastructure projects will be instrumental in post-Covid economic recovery, say US mayors US mayors believe prioritising infrastructure and technology investments are key to driving the post-Covid-19 economic recovery, according to a study conducted by the US Conference of Mayors (USCM), in partnership with Siemens USA, by the Harris Poll. The majority of mayors (89 per …

Technology

Protein Industries Canada (PIC) has announced the development of new technology that specifically targets pests when spraying fields. The technology uses artificial intelligence to detect weeds and other crop pests while passing over a field. This is estimated to reduce pesticide use by up to 95 percent while maintaining crop yield, saving farmers approximately $52 …

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Dangote Sugar Refinery has been authorised to receive all the assets, liabilities and business undertakings, and property rights of Savannah Sugar Company Limited (SSCL).   This was one of the resolutions passed at the court-ordered meeting of the members of Dangote Sugar Refinery Plc held on Thursday at the Eko Hotel & Suites, Victoria Island, Lagos.   According to the notice of the proceedings sent to the Nigeria …

Technology

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Technology

William Blair, the premier global boutique, announced today that it has continued its Technology investment banking expansion in the Southeast with the addition of two senior investment bankers, Jamie Hamilton, managing director, Financial Technology investment banking, and B.T. Remmert, managing director, IT Services investment banking. Both bankers join the Technology investment banking group and will …