Venture

Actelis Networks, Inc. Announces Closing of Initial Public Offering and Partial Exercise of Over-Allotment Option by Underwriter

Retrieved on: 
Tuesday, May 17, 2022
Local government, No, Form, Company, Attention, Private Securities Litigation Reform Act, U.S. Securities and Exchange Commission, IOT, Common stock, Exercise, NASDAQ, Nature, Venture, Marketing, Research, Equity capital markets, ASNS, Securities Act of 1933, Nasdaq, Forward-looking statement, Suite, Sale, ITS, Bookrunner, SEC, LLC, Prospectus, Security (finance), GLOBE

The net proceeds from the offering, including the over-allotment, to Actelis were approximately $15.4 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by Actelis.

Key Points: 
  • The net proceeds from the offering, including the over-allotment, to Actelis were approximately $15.4 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by Actelis.
  • Shares of Actelis common stock began trading on The Nasdaq Capital Market on May 13, 2022, under the symbol ASNS.
  • Boustead Securities, LLC acted as the sole managing underwriter and bookrunner for the initial public offering.
  • 333-264321) relating to the Common Stock sold in this offering was declared effective by the Securities and Exchange Commission (the SEC) on May 12, 2022.

TileDB Secures investment From Verizon Ventures

Retrieved on: 
Tuesday, May 17, 2022
Data Management, Technology, Telecommunications, Mobile, Wireless, Software, Networks, Internet, Cloud, Nexus, CZI, Data science, Traction, IOT, TCO, Investment, Language, View, Array, MIT, Verizon Communications, Chan Zuckerberg Initiative, Industry, Weather, NanoString Technologies, Genetic distance, Rady, Venture, Intel Capital, Ecosystem, SQL, Data management, CEO, Network equipment, Computer data storage, Science, Biostatistics

TileDB, Inc. , a pioneering database company, announced today that it has received a strategic investment from Verizon Ventures , joining recent investments from Lockheed Martin Ventures, AMGEN Ventures and NTT Docomo Ventures.

Key Points: 
  • TileDB, Inc. , a pioneering database company, announced today that it has received a strategic investment from Verizon Ventures , joining recent investments from Lockheed Martin Ventures, AMGEN Ventures and NTT Docomo Ventures.
  • "At TileDB, we set out to debunk the myth around performance optimization in purpose-built data solutions," said Stavros Papadopoulos, TileDB Founder and CEO.
  • TileDBs platform helps solve these needs, said Kristina Serafim, Managing Director at Verizon Ventures.
  • TileDB, Inc. was spun out of MIT and Intel Labs in May 2017 and is backed by Two Bear Capital, Nexus Venture Partners, Uncorrelated Ventures, Intel Capital and Big Pi.

NEW FUNDING FROM MAJOR AUTOMAKER POSITIONS MANGROVE LITHIUM FOR CENTRAL ROLE IN FUTURE OF SUSTAINABLE EV MANUFACTURING

Retrieved on: 
Tuesday, May 17, 2022
Lithium, International Energy Agency, Federal, Investment, Breakthrough Energy, Public sector, Multimedia, Transport, Jimmy Bivins, BMW, Industry, EVS, Carbon footprint, EV, BDC, Technology, BEV, Corporation, Face, Growth, BMW Group Plant Dingolfing, BC, Tekion, Venture, Mangrove, TurnTide

VANCOUVER, BC, May 17, 2022 /PRNewswire/ -- Mangrove Lithium announced today it has closed a new investment round led by US-based BMW i Ventures (BiV) and joined by returning investor Breakthrough Energy Ventures (BEV). Mangrove will use these funds to accelerate the launch of a commercial-scale plant deploying its proprietary, patent-pending technology to refine lithium from a variety of sources. The plant will boost existing lithium refining operations in the Western Hemisphere, and lower lithium refining's environmental impact. It will also enable new refining capacity by unlocking untapped resources and converting them to viable reserves.

Key Points: 
  • The plant will boost existing lithium refining operations in the Western Hemisphere, and lower lithium refining's environmental impact.
  • Demand for lithium hydroxide and lithium carbonate continues to rise as the world transitions to electric vehicles (EVs).
  • We provide both, which is why these investors see us as positioned to take a central role in global EV scaling."
  • In the face of volatile prices and supply uncertainty, major EV manufacturers are seeking to minimize battery supply chain risks.

American Noble Gas Provides Drilling Update on Initial Exploratory Well to Explore and Develop Natural Gas, Helium and Brine Minerals in the Hugoton Field

Retrieved on: 
Tuesday, May 17, 2022
Well, Helium, Producer gas, CEO, State, Engineering, Company, Consultant, Natural gas, Oil, Private Securities Litigation Reform Act, Hydrocarbon, Electric Bond and Share Company v. Securities and Exchange Commission, Permeability, Annual report, Mission statement, Form 10-K, Internet, Gas, Hugoton Gas Field, Venture, Electricity, Rocky Mountains, Forward-looking statement, Property, National Register of Historic Places listings in Finney County, Kansas, Security (finance), Acquisition, Water, Methane, Logic, GLOBE, Lithium, Petroleum

Lenexa, KS, May 17, 2022 (GLOBE NEWSWIRE) -- American Noble Gas, Inc. (OTC-QB: IFNY) (“AMGAS” or the “Company”) is pleased to provide an update on its drilling operations regarding AMGAS’s participation in its previously announced farm-out agreement (the “Hugoton Farm-out Venture”) to develop its oil and gas and brine interests in the Hugoton Field in Haskell and Finney Counties Kansas. These exploratory drilling operations are designed to reveal important data on previously untapped gas in-place reserves of natural gas and helium gas. If successful, our exploration program may indicate the discovery of substantial new reserves within the Hugoton Gas Field which will reinvigorate the Hugoton Gas Field, the largest conventional onshore natural gas and helium field in North America.

Key Points: 
  • These exploratory drilling operations are designed to reveal important data on previously untapped gas in-place reserves of natural gas and helium gas.
  • If successful, our exploration program may indicate the discovery of substantial new reserves within the Hugoton Gas Field which will reinvigorate the Hugoton Gas Field, the largest conventional onshore natural gas and helium field inNorth America.
  • The Hugoton Gas Field has previously been considered a depleted conventional gas field but our exploratory well results may serve to reinvigorate the entire Hugoton Gas Field.
  • About the Hugoton Gas Field:
    The Hugoton Gas Field is a prolific natural gas and helium gas field located in the States of Kansas, Oklahoma, and Texas.

Ballistic Ventures Announces $300 Million Debut Fund to Fuel Entrepreneurs in Global Cybersecurity Fight

Retrieved on: 
Tuesday, May 17, 2022
Software, Banking, Mobile, Wireless, Networks, Internet, Professional Services, Data Management, Technology, Security, Satellite, Finance, Telecommunications, ISS, API, Concentric objects, Incubation, Kleiner Perkins, Solution, Lightspeed Venture Partners, AT&T Cybersecurity, Marketing, Industry, Time, Blaj, Venture, Technology, Name, Organization, AT&T, Series, CEO, Risk management, Ballistics (disambiguation), Mandiant, Fortify, Pangaea

Ballistic Ventures, a new venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced a debut fund thats expected to close at $300 million.

Key Points: 
  • Ballistic Ventures, a new venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced a debut fund thats expected to close at $300 million.
  • The fund is already being deployed in early-stage funding rounds for cybersecurity innovators including Concentric AI, Nudge Security, Pangea and Veza.
  • Ballistic is a new model of venture firm in the cybersecurity space a supergroup of founders backing founders.
  • Every partner at Ballistic has a long record of founding, leading and funding startups, and growing ideas into multibillion dollar enterprises.

Arieca Announces $6.5M Series A Funding Round

Retrieved on: 
Tuesday, May 17, 2022
Semiconductor, Hardware, Manufacturing, Other Manufacturing, Technology, Diamond, Nissan Chemical Corporation, Capital, AI, Seed, Environment, Multimedia, Deep tech, Acceleration, Thermal paste, NW Innovation Works, Liquid Metal, Venture, Industry, Inc., Oregon Youth Development Division, Technology, Communication, ROHM, TIM, Development, Carnegie Mellon University, CEO, Agrochemical

From left to right: Navid Kazem, Vivek Singh, Dylan Shah, Jeffrey Gelorme, Nolan Steeley, and Allyssa Kerr (Photo: Business Wire)

Key Points: 
  • From left to right: Navid Kazem, Vivek Singh, Dylan Shah, Jeffrey Gelorme, Nolan Steeley, and Allyssa Kerr (Photo: Business Wire)
    The semiconductor industry is facing an acute heat problem.
  • We, at Arieca, are developing Liquid Metal-based TIMs to give the designers the performance of liquid metals with the ease of manufacturing of thermal greases said Dr. Navid Kazem, CEO and Co-Founder at Arieca.
  • Arieca's materials are very promising innovative solutions for the market that will grow significantly in the future.
  • Arieca is a high growth advanced materials start-up that is pushing the boundaries of material functionalities in the most demanding applications.

Serial Entrepreneur & Investor Danny Cortenraede Invests in Green Luxurious Construction in the Hollywood Hills

Retrieved on: 
Monday, May 16, 2022
Entrepreneurship, LEED, Biophysical environment, Leadership in Energy and Environmental Design, Environment, MarketWatch, Leadership, Viv (software), Climate, Partnership, Venture, Hollywood Hills, El Segundo, CAGR, Founder, Yahoo! Finance, CEO, Renewable energy, Forbes

El Segundo, California--(Newsfile Corp. - May 16, 2022) - Danny Cortenraede, a serial entrepreneur & investor is investing in the latest and circular technologies for constructing green homes in a highly iconic and visible location in the Hollywood Hills.

Key Points: 
  • El Segundo, California--(Newsfile Corp. - May 16, 2022) - Danny Cortenraede, a serial entrepreneur & investor is investing in the latest and circular technologies for constructing green homes in a highly iconic and visible location in the Hollywood Hills.
  • Green building technology has become one of the hottest trends in construction.
  • LEED or the Leadership in Energy and Environmental Design is an initiative that promotes sustainable construction around the globe.
  • Cortenraede is the CEO and Founder of InStudio Ventures a venture builder based in Los Angeles and New York City.

Actelis Networks, Inc. Announces Pricing of its Initial Public Offering

Retrieved on: 
Friday, May 13, 2022
Boustead, Local government, No, Form, Company, Attention, Private Securities Litigation Reform Act, U.S. Securities and Exchange Commission, IOT, Common stock, Common, NASDAQ, Nature, Venture, Marketing, Research, Equity capital markets, ASNS, Securities Act of 1933, Nasdaq, Forward-looking statement, Suite, Sale, ITS, SEC, LLC, Prospectus, Security (finance), GLOBE, Life insurance

Boustead Securities, LLC (Boustead) is acting as the sole underwriter for the offering.

Key Points: 
  • Boustead Securities, LLC (Boustead) is acting as the sole underwriter for the offering.
  • If Boustead exercises the option in full, the total gross proceeds of the offering, including overallotment, are expected to be approximately $17.25 million before deducting underwriting discounts and commissions and offering expenses.
  • The offering is expected to close on or about May 17, 2022, subject to satisfaction of customary closing conditions.
  • For example, the Company is using forward-looking statements when it discusses the expected gross proceeds and the closing of the offering.

Investors Funnel Capital into Xage as Critical Infrastructure Organizations Take Action to Block Cyberattacks

Retrieved on: 
Thursday, May 12, 2022
Zero, Department, Partner (business rank), Bell–LaPadula model, Traction, Office of Secure Transportation, ExtraHop Networks, Customer identity access management, Government, Solution, Overture, Venture, CISA, Trust, Identity, Climate, Federation, IAM, Compliance, Technology, Organization, PALO, Access management, OT, SVP, TSA, Hacks, Growth, CEO, GLOBE, Renewable energy, Cryptocurrency

Recent CISA warnings of Russian state-sponsored threats on critical infrastructure make compliance even more urgent.

Key Points: 
  • Recent CISA warnings of Russian state-sponsored threats on critical infrastructure make compliance even more urgent.
  • Intensifying cyber risks, combined with government mandates such as TSAs pipeline regulations, have forced critical infrastructure operators to find practical ways to implement zero-trust in real-world operations, said Duncan Greatwood, CEO of Xage.
  • Now, critical infrastructure operators are implementing zero trust systems that do more than just detect hackers they block attacks outright.
  • The money will be used to expand Xages go-to-market operations to service the growing demand from critical infrastructure organizations globally.

Investors Funnel Capital into Xage as Critical Infrastructure Organizations Take Action to Block Cyberattacks

Retrieved on: 
Thursday, May 12, 2022
Technology, Mobile, Wireless, Security, Other Energy, Other Technology, Software, Energy, Networks, Data Management, Zero, Department, Partner (business rank), Bell–LaPadula model, Traction, Office of Secure Transportation, ExtraHop Networks, Customer identity access management, Government, Solution, Overture, Venture, CISA, Trust, Identity, Climate, Federation, IAM, Compliance, Technology, Organization, Access management, OT, SVP, TSA, Hacks, Growth, CEO, Renewable energy, Cryptocurrency

Recent CISA warnings of Russian state-sponsored threats on critical infrastructure make compliance even more urgent.

Key Points: 
  • Recent CISA warnings of Russian state-sponsored threats on critical infrastructure make compliance even more urgent.
  • Intensifying cyber risks, combined with government mandates such as TSAs pipeline regulations, have forced critical infrastructure operators to find practical ways to implement zero-trust in real-world operations, said Duncan Greatwood, CEO of Xage.
  • Now, critical infrastructure operators are implementing zero trust systems that do more than just detect hackers they block attacks outright.
  • The money will be used to expand Xages go-to-market operations to service the growing demand from critical infrastructure organizations globally.