Temasek

Celestial AI Closes $175 Million Series C Funding Round Led by U.S. Innovative Technology Fund

Retrieved on: 
Wednesday, March 27, 2024

Celestial AI™ , creator of the Photonic Fabric™ optical interconnect technology platform, today announced it raised $175 million in its Series C funding round led by Thomas Tull’s U.S.

Key Points: 
  • Celestial AI™ , creator of the Photonic Fabric™ optical interconnect technology platform, today announced it raised $175 million in its Series C funding round led by Thomas Tull’s U.S.
  • “This highly oversubscribed financing round is another testament to Celestial AI’s position to disrupt the market, and reflects the magnitude of business opportunity before us,” said Dave Lazovsky, Celestial AI founder and CEO.
  • Celestial AI’s Photonic Fabric optical interconnect technology addresses these critical challenges by revolutionizing memory and compute fabrics.
  • This latest round of funding will enable Celestial AI to execute multiple large-scale customer collaborations focused on commercializing its breakthrough Photonic Fabric technology platform.

GDA Capital Acquires Omni3, Expands into Singapore with New Gaming Lead

Retrieved on: 
Tuesday, March 12, 2024

This strategic move marks a significant milestone for GDA Capital as it extends its global footprint into the vibrant Asian market, with a dedicated commitment to establishing a full-time presence in Singapore.

Key Points: 
  • This strategic move marks a significant milestone for GDA Capital as it extends its global footprint into the vibrant Asian market, with a dedicated commitment to establishing a full-time presence in Singapore.
  • Nicholas Seah, the esteemed founder of Omni3, will be joining the GDA Capital team as the Gaming Lead, bringing a wealth of experience and expertise to the table.
  • This acquisition is a pivotal step towards our expansion in Asia and strengthens our capabilities in the capital markets advisory domain," said Michael Gord, CEO of GDA Capital.
  • I am excited to lead our expansion in Singapore, leveraging my experience and network to build a strong foundation for GDA Capital in this dynamic market."

Technology Holdings advises Leonardo, a leading Australian Automation, BPM & Business Process Transformation Specialist, on its strategic sale to UST, a Temasek portfolio company

Retrieved on: 
Monday, March 4, 2024

Leonardo, a trusted partner of UiPath, Automation Anywhere, Red Hat, Software AG, and Workato, excels at driving comprehensive intelligent process improvements using cutting-edge technology.

Key Points: 
  • Leonardo, a trusted partner of UiPath, Automation Anywhere, Red Hat, Software AG, and Workato, excels at driving comprehensive intelligent process improvements using cutting-edge technology.
  • Leonardo helps clients rebuild their processes for the digital age by combining process-centric strategic thinking with the rigour and precision of enabling technologies that support their transformation.
  • “Leonardo engaged Technology Holdings to run a process for the shareholders to achieve a liquidity event, and for our staff to have enhanced career opportunities.
  • Through the ups and downs of the transaction process, Technology Holdings always providing a solid commercial sounding board that helped the shareholders of Leonardo achieve the outcome they desired.

Antora Energy Raises $150 Million to Slash Industrial Emissions and Spur U.S. Manufacturing

Retrieved on: 
Thursday, February 22, 2024

This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.

Key Points: 
  • This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.
  • Antora is unlocking zero-emissions industrial energy, cheaper than fossil fuels.
  • Antora bridges the gap between renewable energy and industrial manufacturing, supplying zero-emissions heat and power to factories with batteries made in America.
  • Opening a landmark U.S.-based thermal battery manufacturing facility , where Antora will produce its thermal battery modules for the company’s first major commercial projects.

Ascend Elements Raises Additional $162 Million to Build Sustainable Lithium-Ion Battery Materials in United States

Retrieved on: 
Tuesday, February 20, 2024

WESTBOROUGH, Mass., Feb. 20, 2024 /PRNewswire/ -- In a follow up to one of last year's largest cleantech private equity placements, Ascend Elements today announced it has raised $162 million in new equity investments. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing brings the company's 12-month funding total to $704 million, including the $542 million funding round led by Decarbonization Partners, Temasek and Qatar Investment Authority in September 2023.

Key Points: 
  • "I'd like to thank our new and existing partners for investing in North America's critical EV battery infrastructure," said CEO Mike O'Kronley of Ascend Elements.
  • By recycling lithium-ion batteries and making new, engineered battery materials with lower carbon emissions, Ascend Elements is accelerating the global transition to zero carbon emissions."
  • "Ascend Elements' Hydro-to-Cathode® technology provides a sustainable option for production of critical battery materials, championing circularity in an industry that is poised to scale significantly.
  • Several peer-reviewed studies have shown Ascend Elements' recycled battery materials perform as well as similar materials made from primary (mined) sources.

Ascend Elements Raises Additional $162 Million to Build Sustainable Lithium-Ion Battery Materials in United States

Retrieved on: 
Tuesday, February 20, 2024

WESTBOROUGH, Mass., Feb. 20, 2024 /PRNewswire/ -- In a follow up to one of last year's largest cleantech private equity placements, Ascend Elements today announced it has raised $162 million in new equity investments. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing brings the company's 12-month funding total to $704 million, including the $542 million funding round led by Decarbonization Partners, Temasek and Qatar Investment Authority in September 2023.

Key Points: 
  • "I'd like to thank our new and existing partners for investing in North America's critical EV battery infrastructure," said CEO Mike O'Kronley of Ascend Elements.
  • By recycling lithium-ion batteries and making new, engineered battery materials with lower carbon emissions, Ascend Elements is accelerating the global transition to zero carbon emissions."
  • "Ascend Elements' Hydro-to-Cathode® technology provides a sustainable option for production of critical battery materials, championing circularity in an industry that is poised to scale significantly.
  • Several peer-reviewed studies have shown Ascend Elements' recycled battery materials perform as well as similar materials made from primary (mined) sources.

PittMoss Announces Appointment of Micki Seibel to Advisory Board

Retrieved on: 
Wednesday, January 31, 2024

PITTSBURGH, Jan. 31, 2024 /PRNewswire/ -- PittMoss, manufacturer of revolutionary peat-free products made in America from organic, recycled paper and cardboard, today announces the appointment of Micki Seibel to the company's advisory board. 

Key Points: 
  • PITTSBURGH, Jan. 31, 2024 /PRNewswire/ -- PittMoss , manufacturer of revolutionary peat-free products made in America from organic, recycled paper and cardboard, today announces the appointment of Micki Seibel to the company's advisory board.
  • "On behalf of all of us at PittMoss, including our broad investor community, we are excited about Ms. Seibel joining our team," said Scott.
  • Previously, Seibel served as a member of the board of directors at Boost Biomes, a biotechnology company, which leverages microbiome data to create novel solutions for agriculture.
  • In 2021, Seibel – a graduate of Carnegie Mellon University – was named Digital Transformation Leader of the Year by Women in Tech Network.

Allied Climate Partners Makes Inaugural Catalytic Investment, Anchors SEACEF II First Close

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 21, 2024 /PRNewswire/ -- Allied Climate Partners (ACP), the innovative philanthropic investment organization recently launched at COP28 , today celebrated the first close of the Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital .

Key Points: 
  • NEW YORK, Jan. 21, 2024 /PRNewswire/ -- Allied Climate Partners (ACP), the innovative philanthropic investment organization recently launched at COP28 , today celebrated the first close of the Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital .
  • "Managed by Clime Capital, SEACEF II will provide the catalytic capital required for early-stage developers and businesses to deliver renewable energy, energy efficiency, and grid solutions across the region.
  • Allied Climate Partners is proud to be the anchor junior equity investor in SEACEF II, providing SEACEF II with catalytic, first-loss, capital and working alongside Clime Capital to mobilize other investors to participate.
  • As with SEACEF II, ACP anticipates providing catalytic, junior equity to initial investment managers in Africa, the Caribbean & Central America, and India.

Kaltura Announces CFO Transition

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Kaltura (“Kaltura” or the “Company”) (Nasdaq: KLTR), the Video Experience Cloud, today announced the appointment of John Doherty as Chief Financial Officer, effective March 1, 2024, succeeding Yaron Garmazi in the role.

Key Points: 
  • NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Kaltura (“Kaltura” or the “Company”) (Nasdaq: KLTR), the Video Experience Cloud, today announced the appointment of John Doherty as Chief Financial Officer, effective March 1, 2024, succeeding Yaron Garmazi in the role.
  • Mr. Doherty will join Kaltura on February 1, 2024, and Mr. Garmazi will continue to support him and the Company throughout the second quarter of 2024 as well to provide a smooth transition.
  • Mr. Doherty brings more than three decades of financial and operational experience.
  • “I would like to thank Yaron for his partnership and significant contribution over the past seven years, including transitioning Kaltura to a public company,” said Ron Yekutiel, Co-founder, Chairman and Chief Executive Officer at Kaltura.

Robin AI Raises $26 million as Legal Sector Embraces AI

Retrieved on: 
Wednesday, January 3, 2024

LONDON and NEW YORK, Jan. 2, 2024 /PRNewswire/ -- As demand for generative AI in the legal sector explodes, Robin AI, the AI-powered legal copilot, today announces that it has raised $26 million in new funding. The Series B round is led by Temasek, a global investment company headquartered in Singapore. Other investors include QuantumLight, Plural and AFG Partners.

Key Points: 
  • Brands
    Investment will be used to accelerate US expansion, launch in Asia Pacific and hire more AI engineers
    LONDON and NEW YORK, Jan. 2, 2024 /PRNewswire/ -- As demand for generative AI in the legal sector explodes, Robin AI, the AI-powered legal copilot, today announces that it has raised $26 million in new funding.
  • Robin AI was founded in 2019 by Richard Robinson, a lawyer at Clifford Chance, and James Clough, a machine learning research scientist at Imperial College.
  • Robin AI places quality and accuracy at the heart of its approach.
  • We are building the AI platform for the legal sector - a service that deeply understands every aspect of the legal function, from drafting contracts, researching case law to explaining legal concepts - our AI will help people tackle every legal task.