Momenta

Chinese Independent OEMs' ADAS and Autonomous Driving Research Report 2023 - Wide Adoption of NOA Begins, and Local Brands Grab Market Share - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

The "Chinese Independent OEMs' ADAS and Autonomous Driving Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Chinese Independent OEMs' ADAS and Autonomous Driving Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Wide adoption of NOA begins, and local brands grab market share.
  • From January to August 2023, independent brands took up 1.9% of installations of L2.9 systems, up 1 percentage point from that in 2022.
  • In general, the 'involution' in the NOA market has stimulated OEMs to quickly implement high-level driving assistance for greater competitive edges.

Brea Reese Introduces the First Ever Food Contact Safe* Ceramic Resin to the U.S. Market

Retrieved on: 
Tuesday, February 6, 2024

PORTSMOUTH, N.H., Feb. 6, 2024 /PRNewswire/ -- Brea Reese - A leader in the fine art space is proud to introduce a one of a kind product, Mix2Mold™ Ceramic Resin. This resin-alternative is non-toxic and food contact safe once cured*, making it safe to use to create plates, cups, coasters, and so much more! With a simple 3-step process and 2-ingredient mixture of water and powder, this product is a game-changer for crafters and everyday consumers alike. Launched in early February, these products are now available in 1,200+ Michaels stores and online at Michaels.com.

Key Points: 
  • Innovative and disruptive fine arts brand, Brea Reese, is set to launch the first ever food contact safe* Ceramic Resin to the U.S. market starting with 1,200+ Michaels stores.
  • PORTSMOUTH, N.H., Feb. 6, 2024 /PRNewswire/ -- Brea Reese - A leader in the fine art space is proud to introduce a one of a kind product, Mix2Mold™ Ceramic Resin .
  • This resin-alternative is non-toxic and food contact safe once cured*, making it safe to use to create plates, cups, coasters, and so much more!
  • "We are beyond excited to bring this incredible product to the market and create an alternative to resin that is more user-friendly, non-toxic, and best of all, food contact safe*.

Rockwell Automation Makes Strategic Investment in Momenta Fund that Develops Sustainable, Human-Centric Industrial Technology of the Future

Retrieved on: 
Tuesday, November 7, 2023

Switzerland-based Momenta launched the $100 million fund in cooperation with the EU Commission to support start-up companies working to advance the Commission’s Industry 5.0 initiative.

Key Points: 
  • Switzerland-based Momenta launched the $100 million fund in cooperation with the EU Commission to support start-up companies working to advance the Commission’s Industry 5.0 initiative.
  • It puts people at the center by empowering them with information and technology to make decisions with clarity and confidence.
  • They define industrial automation and digital transformation in North America and have been expanding their global presence under an impressive leadership team.
  • Momenta’s focus for the past decade has been investing in companies driving industrial impact, and we could not think of a better partner for this Industry 5.0 fund than Rockwell Automation.”

Geron Corporation Reports Business Highlights and Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023

Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company developing a first-in-class telomerase inhibitor, imetelstat, to treat hematologic malignancies, today reported business highlights and financial results for the third quarter of 2023.

Key Points: 
  • Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company developing a first-in-class telomerase inhibitor, imetelstat, to treat hematologic malignancies, today reported business highlights and financial results for the third quarter of 2023.
  • Ms. Robertson brings to Geron over 30 years of financial and commercial operations experience.
  • In the third quarter of 2023, the Company received $28.3 million upon the cash exercise of outstanding warrants.
  • Geron will host a conference call at 9:00 am ET on Thursday, November 2, 2023 to discuss business updates and third quarter 2023 financial results.

Trulieve Announces Progress on First Ever Pharmacy Sales of Low-THC Oil in Georgia

Retrieved on: 
Tuesday, October 24, 2023

ADEL, Ga., Oct. 24, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, announced the first state inspection for the sale of low-THC medical cannabis products at one of the Company's partnering independent pharmacies in Georgia, the first state in the nation to allow pharmacy sales of medical cannabis.

Key Points: 
  • Riverside Pharmacy in Gainesville was among the first independent pharmacies in the state to apply for a special permit to dispense low-THC medical cannabis products.
  • "We are excited to partner with Riverside and other independent pharmacies throughout the state," said Trulieve Georgia President Dr. Lisa Pinkney.
  • Trulieve Georgia is one of only two companies currently operating under Class 1 production licenses issued by the GMCC.
  • To learn more about Trulieve Georgia, please visit https://www.trulieve.com/dispensaries/georgia and connect on Instagram , Facebook , or Twitter .

Momenta Invests in Minds.ai to Accelerate the Transformation of Semiconductor Manufacturing

Retrieved on: 
Tuesday, October 10, 2023

SAN FRANCISCO and ZURICH, Oct. 10, 2023 /PRNewswire/ -- Minds.ai , a pioneering company applying AI to semiconductor manufacturing optimization and autonomy, has secured a significant investment from Momenta .

Key Points: 
  • SAN FRANCISCO and ZURICH, Oct. 10, 2023 /PRNewswire/ -- Minds.ai , a pioneering company applying AI to semiconductor manufacturing optimization and autonomy, has secured a significant investment from Momenta .
  • Minds.ai is poised to revolutionize semiconductor manufacturing by driving significant productivity and waste reduction advancements.
  • The largest share of value creation will come from using AI to reduce semiconductor manufacturing costs and begin the move to Autonomous manufacturing.
  • Recognizing the immense potential in semiconductor manufacturing, Momenta decided to invest in Minds.ai.

minds.ai Raises Seed Funding to Optimize Semiconductor Manufacturing Operations

Retrieved on: 
Tuesday, October 10, 2023

SANTA CRUZ, Calif., Oct. 10, 2023 /PRNewswire/ -- minds.ai announced today that it has raised $5.3 million in seed funding to drive innovation in the application of AI in semiconductor manufacturing. The funding was led by Monta Vista Capital, with other investors, including Momenta joining the round. As part of the financing, minds.ai welcomes Venkatesh Shukla from Monta Vista Capital and Michael Dolbec from Momenta to its board of directors.

Key Points: 
  • SANTA CRUZ, Calif., Oct. 10, 2023 /PRNewswire/ -- minds.ai announced today that it has raised $5.3 million in seed funding to drive innovation in the application of AI in semiconductor manufacturing.
  • The CHIPS Act in the U.S. and the European Chips Act have highlighted the importance of semiconductor manufacturing as the most critical of all the smart manufacturing industry segments.
  • McKinsey & Company predicts that semiconductor manufacturing will become a trillion-dollar industry by 2030.
  • Michael Dolbec, Managing Partner of Momenta , said: "With our focus on smart manufacturing, Momenta sought an investment to apply AI to semiconductor operations.

Trulieve Opening Medical Cannabis Dispensary in Evans, Georgia

Retrieved on: 
Friday, September 22, 2023

TALLAHASSEE, Fla., Sept. 22, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, announced the grand opening of a new medical cannabis dispensary located at 4218 Washington Road in Evans, GA.

Key Points: 
  • TALLAHASSEE, Fla., Sept. 22, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, announced the grand opening of a new medical cannabis dispensary located at 4218 Washington Road in Evans, GA.
  • The Evans dispensary will be Trulieve's fifth in the state, offering registered patients in Georgia's medical cannabis program products derived from low-THC oil, the only form of medical cannabis currently legal in Georgia.
  • A grand opening celebration begins at 10 a.m. on Saturday, Sept. 23 with a ribbon cutting, music, and merchandise giveaways.
  • In addition to the grand opening, Dr. Krishna Doniparthi will be on-site providing information on the potential benefits of low-THC cannabis products and certifying patients with qualifying conditions for the Georgia Access to Medical Cannabis Program .

Geron Announces Appointment of Michelle Robertson as Executive Vice President, Chief Financial Officer and Treasurer, and the Retirement of Olivia Bloom, Geron's Long-Time Chief Financial Officer

Retrieved on: 
Monday, September 11, 2023

Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company, today announced the appointment of Michelle Robertson as Executive Vice President, Chief Financial Officer (CFO) and Treasurer, effective September 25, 2023.

Key Points: 
  • Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company, today announced the appointment of Michelle Robertson as Executive Vice President, Chief Financial Officer (CFO) and Treasurer, effective September 25, 2023.
  • Ms. Robertson's appointment follows the retirement of Olivia Bloom, Geron's incumbent CFO, also effective September 25, 2023.
  • Olivia’s strategic vision, financial prowess and inspiring dedication have been foundational in making Geron what we are today,” said John A. Scarlett, M.D., Geron’s Chairman and Chief Executive Officer.
  • “In the same breath, I am also thrilled to welcome Michelle Robertson to the Geron executive management team at this important moment in our history.

Momenta Relocates Global Headquarters to Lucerne, Switzerland, to Enhance Alignment with Thriving Tech and Life Sciences Ecosystem

Retrieved on: 
Tuesday, September 12, 2023

LUCERN, Switzerland and BERLIN and SAN FRANCISCO, Sept. 11, 2023 /PRNewswire-PRWeb/ -- Momenta, the leading industrial impact venture capital + growth firm, is pleased to announce its global headquarters relocation to Lucerne, Switzerland. This pivotal move helps better align Momenta's expanding funds, including the recently launched Industry 5.0 fund, with Lucerne's vibrant information technology hub.

Key Points: 
  • Momenta, a leading industrial impact venture capital + growth firm, is relocating its global headquarters to Lucerne, Switzerland, to leverage the city's thriving technology hub.
  • The move underscores Lucerne's emergence as an ICT innovation hub, aligning with Momenta's mission to drive industrial progress across Europe and North America.
  • Mathias Lischer at Lucerne Business lauds this move for enhancing the region's business environment and venture capital landscape.
  • LUCERN, Switzerland and BERLIN and SAN FRANCISCO, Sept. 11, 2023 /PRNewswire-PRWeb/ -- Momenta , the leading industrial impact venture capital + growth firm, is pleased to announce its global headquarters relocation to Lucerne, Switzerland.