Temasek

Australia Metaverse Market Intelligence and Future Growth Dynamics Report, 2023-2030: Firms are Raising Funding Rounds to Further Expand their Presence in the Metaverse Space - ResearchAndMarkets.com

Retrieved on: 
Monday, April 24, 2023
Technology, Metaverse, Spend, DAO, Australian Communications and Media Authority, Animoca Brands, NFT, Internet, GGV Capital, Business, Consumer spending, Media, Carbon, B2C, ACMA, Investment, Gambling, Ali Baba, Video game, Cryptocurrency, Online shopping, Retail, Flipkart, Temasek

Metaverse industry in Australia is expected to grow by 39.0% on an annual basis to reach US$3,868.7 million in 2023.

Key Points: 
  • Metaverse industry in Australia is expected to grow by 39.0% on an annual basis to reach US$3,868.7 million in 2023.
  • The amalgamation of physical and virtual worlds meant that more and more are brands investing in the metaverse sector to drive customer engagement.
  • With the prominence of the metaverse growing rapidly among consumers and brands across Australia, metaverse-focused firms are raising funding rounds to further expand their presence in the sector.
  • Consequently, to support the growing metaverse-focused startup ecosystem in Australia, Web3-focused Investment Decentralised Autonomous Organisations (DAO) are also raising funding rounds.

Neural Propulsion Systems Welcomes Rick Wagoner, Former GM Chairman and CEO, as Investor and Board Observer

Retrieved on: 
Tuesday, April 4, 2023
AEA Investors, Senior, AMD, TPG Inc., Mazda North American Operations, Head, NPS, Elizabeth Cross, Temasek, Radar, Retirement, Partner, GM, CFO, Knowledge, Growth, ADAS, Graham Holdings, General Motors Europe, General Motors, Wagoner, Safety, Management, Nursing, Ariat, Nest

PLEASANTON, Calif., April 4, 2023 /PRNewswire/ -- Neural Propulsion Systems (NPS), a pioneer in hyper-resolution digital imaging radar technology, today announced that Rick Wagoner, the former Chairman and CEO of General Motors, has joined the NPS team as an investor and board observer. In this capacity, Wagoner will provide strategic guidance as the company ushers in the future of advanced driver assistance systems (ADAS) and autonomous driving with its breakthrough NPS AtomicSense™ platform.

Key Points: 
  • PLEASANTON, Calif., April 4, 2023 /PRNewswire/ -- Neural Propulsion Systems (NPS) , a pioneer in hyper-resolution digital imaging radar technology, today announced that Rick Wagoner, the former Chairman and CEO of General Motors, has joined the NPS team as an investor and board observer.
  • "We are thrilled he is joining NPS as an investor and board observer.
  • His counsel is highly valued as we continue to advance the development of our AtomicSense platform in the pursuit of achieving zero roadway deaths."
  • I'm delighted to work with the NPS management team, board and advisors to support the company's future success and growth."

Rivulis announces completion of the acquisition of Jain Irrigation's International Irrigation Business

Retrieved on: 
Monday, April 3, 2023
IDC, HSBC, AVI, Financial assistance (share purchase), GROW, State Bank of India, Jain Irrigation Systems, Agriculture, First International Bank of Israel, ING, KFAR, Government, Acquisition, Water, Rivulis, First International Bank, State bank, Rabobank, Bank Leumi, Security (finance), Temasek

Ltd. ("Rivulis") has today announced that it has received full regulatory approval for the acquisition of multiple overseas subsidiaries which comprise the International Irrigation Business ("IIB") of Jain Irrigation.

Key Points: 
  • Ltd. ("Rivulis") has today announced that it has received full regulatory approval for the acquisition of multiple overseas subsidiaries which comprise the International Irrigation Business ("IIB") of Jain Irrigation.
  • With this acquisition, Rivulis will lead the mass adoption of modern irrigation solutions and digital farming by growers and business partners to create an irrigation and climate leader globally.
  • The acquisition has been finalized after all government authorizations and the precedent conditions required by the Share Purchase Agreement have been obtained and completed.
  • Together with our two shareholders, Temasek and Jain Irrigation, Rivulis' next chapter will be an exciting one as we realize our GROW BEYOND mission to help growers achieve sustainable livelihoods and to become a global sustainability champion."

Rivulis announces completion of the acquisition of Jain Irrigation's International Irrigation Business

Retrieved on: 
Monday, April 3, 2023
IDC, HSBC, AVI, Financial assistance (share purchase), GROW, State Bank of India, Jain Irrigation Systems, Agriculture, First International Bank of Israel, ING, KFAR, Government, Acquisition, Water, Rivulis, First International Bank, State bank, Rabobank, Bank Leumi, Security (finance), Temasek

Ltd. ("Rivulis") has today announced that it has received full regulatory approval for the acquisition of multiple overseas subsidiaries which comprise the International Irrigation Business ("IIB") of Jain Irrigation.

Key Points: 
  • Ltd. ("Rivulis") has today announced that it has received full regulatory approval for the acquisition of multiple overseas subsidiaries which comprise the International Irrigation Business ("IIB") of Jain Irrigation.
  • With this acquisition, Rivulis will lead the mass adoption of modern irrigation solutions and digital farming by growers and business partners to create an irrigation and climate leader globally.
  • The acquisition has been finalized after all government authorizations and the precedent conditions required by the Share Purchase Agreement have been obtained and completed.
  • Together with our two shareholders, Temasek and Jain Irrigation, Rivulis' next chapter will be an exciting one as we realize our GROW BEYOND mission to help growers achieve sustainable livelihoods and to become a global sustainability champion."

NeutraDC (Telkom) enters into MOU with China Mobile International

Retrieved on: 
Wednesday, March 29, 2023
TDE, Fintech, OVO, Partnership, Gojek, Research report, High School of Enterprise, Business, & Technology, Huawei, Face, Telecommunications, Internet, OTT, Tencent, ZTE, Government, American University School of International Service, China Mobile, Temasek, Wholesaling, MOU, Ix, Vii, CMI, I, Knowledge, Growth, Bain & Company, Ali Baba, Video game, Retail, Cryptocurrency, Tourism, Telkom Indonesia, Telkom, Tokopedia

Game-Changer: NeutraDC's MOU with China Mobile International (CMI) means Chinese businesses will have access to NeutraDC's network, creating opportunities to rapidly advance in one of Southeast Asia's most significant digital economies.

Key Points: 
  • Game-Changer: NeutraDC's MOU with China Mobile International (CMI) means Chinese businesses will have access to NeutraDC's network, creating opportunities to rapidly advance in one of Southeast Asia's most significant digital economies.
  • JAKARTA, Mar 29, 2023 - (ACN Newswire) - NeutraDC, a brand of PT Telkom Data Ekosistem (TDE), a subsidiary of Telkom Indonesia, has entered into a Memorandum of Understanding (MOU) with China Mobile International (CMI), a subsidiary of China Mobile, one of the largest telecommunications companies in the world.
  • According to the terms of the MOU, NeutraDC and CMI will work together to develop strategic solutions that meet the specific needs of Chinese companies in the Indonesian market.
  • "This partnership is an important step in Indonesia's digital economy," said Andreuw Th.A.F, CEO of NeutraDC.

NanoLock Security and ISTARI Announce Strategic Collaboration to Deliver Device Level OT Cyber Protection Following Regulatory Changes

Retrieved on: 
Wednesday, March 29, 2023
Other Energy, Software, Other Manufacturing, Energy, Machinery, Technology, Manufacturing, Security, OT, NIST, Partnership, Food, CSA, Operational technology, Practice, Critical infrastructure, Temasek, Water, U.S. federal government response to the COVID-19 pandemic, National Institute of Standards and Technology, Arms industry, Risk management

NanoLock Security , a leading provider of device-level, zero-trust OT protection for industrial manufacturing lines and machines, and ISTARI , a Temasek-founded global cybersecurity firm dedicated to helping clients build cyber resilience, today announced a strategic collaboration to deliver NanoLock’s industrial product suite to ISTARI’s worldwide clients as part of their global strategy.

Key Points: 
  • NanoLock Security , a leading provider of device-level, zero-trust OT protection for industrial manufacturing lines and machines, and ISTARI , a Temasek-founded global cybersecurity firm dedicated to helping clients build cyber resilience, today announced a strategic collaboration to deliver NanoLock’s industrial product suite to ISTARI’s worldwide clients as part of their global strategy.
  • Moreover, the device-level prevention offered by NanoLock will ensure vendor-agnostic protection for both new and legacy OT assets against both external and internal cyber threats.
  • The exponential growth of cyber-attacks in manufacturing, energy and industrial sectors across the world, coupled with the rise in insider events, has created an urgent need for zero-trust cyber protection at the device and machine level.
  • NanoLock’s zero-trust industrial product suite protects industrial manufacturing at the device and machine level, with no impact on performance and functionality.

Brookfield and EIG Consortium Sign Binding Agreement to Acquire Origin Energy

Retrieved on: 
Monday, March 27, 2023
BEPC, Natural gas, ConocoPhillips, Reliance Industries, ORG, Retirement, Acquisition, Brookfield Renewable Partners, UBS, Foreign Investment Review Board, NYSE, Chair, National Electricity Market, Consortium, GW, Australian Competition & Consumer Commission, BEP, Competition, Tokyo Gas, Australian Energy Market Operator, Origin Energy, VWAP, Energy market, TSX, Australian Competition and Consumer Commission v Baxter Healthcare Pty Ltd, EIG, J. P. Morgan, MUFG, Carbon, Citigroup, Transition, Scheme, ACCC, GIC, MidOcean Partners, ASX, Brookfield (corporation), NEM, FIRB, Renewable energy, Petroleum, Asset management, Security (finance), Financial services, Cryptocurrency, Pharmaceutical industry, Holding company, Health insurance, Origin, Temasek, LNG

SYDNEY, Australia and TORONTO and WASHINGTON D.C., March 27, 2023 (GLOBE NEWSWIRE) -- A consortium comprised of Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners and global institutional investors GIC and Temasek (“Brookfield”), and MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has entered into a Scheme Implementation Deed with Origin Energy Limited (“Origin” or “the company”) (ASX: ORG) to acquire 100% of the company’s shares (“Scheme").

Key Points: 
  • MidOcean Energy is an EIG-formed ‘pure-play’ LNG company that will acquire Origin’s Integrated Gas business, which includes the interest in APLNG.
  • Upon closing of the transaction, Brookfield, its institutional partners and investors will own Origin’s Energy Markets business, Australia’s largest integrated power generator and energy retailer.
  • EIG is among the largest specialist investors in energy and infrastructure globally and has had an established presence in Australia since 2000.
  • Brookfield and EIG view Origin as critical to Australia’s energy transition and energy security.

Amogy Secures $139 Million Series B-1 Round of Funding, Moving the Transportation Industry Closer to Clean Energy

Retrieved on: 
Wednesday, March 22, 2023
BMT, Temasek, Ammonia, MOL, Transport, SK Innovation, CO2, Renewable energy

BROOKLYN, N.Y., March 22, 2023 /PRNewswire/ -- Amogy Inc ., a pioneer of emission-free, energy-dense ammonia power solutions, today announced its $139 million Series B-1 fundraising.

Key Points: 
  • BROOKLYN, N.Y., March 22, 2023 /PRNewswire/ -- Amogy Inc ., a pioneer of emission-free, energy-dense ammonia power solutions, today announced its $139 million Series B-1 fundraising.
  • Amogy Secures $139 Million Series B-1 Round of Funding, Moving the Transportation Industry Closer to Clean Energy
    "We are working from a place where we have no doubt  that our technology will change the world," says Seonghoon Woo , CEO of Amogy.
  • "In 2021, CO2 emissions from transportation in the United States totaled 1.7 BMT — the most from any sector of the economy.
  • To learn more about Amogy and where this funding will take the company to, please watch this video .

Amogy Secures $139 Million Series B-1 Round of Funding, Moving the Transportation Industry Closer to Clean Energy

Retrieved on: 
Wednesday, March 22, 2023
BMT, Temasek, Ammonia, MOL, Transport, SK Innovation, CO2, Renewable energy

BROOKLYN, N.Y., March 22, 2023 /PRNewswire/ -- Amogy Inc ., a pioneer of emission-free, energy-dense ammonia power solutions, today announced its $139 million Series B-1 fundraising.

Key Points: 
  • BROOKLYN, N.Y., March 22, 2023 /PRNewswire/ -- Amogy Inc ., a pioneer of emission-free, energy-dense ammonia power solutions, today announced its $139 million Series B-1 fundraising.
  • "We are working from a place where we have no doubt  that our technology will change the world," says Seonghoon Woo , CEO of Amogy.
  • "In 2021, CO2 emissions from transportation in the United States totaled 1.7 BMT — the most from any sector of the economy.
  • To learn more about Amogy and where this funding will take the company to, please watch this video .

CNM LLP Appoints Bill Strong as President to Lead Global Business Operations and Strategic Growth

Retrieved on: 
Tuesday, March 7, 2023
Professional Services, Security, Technology, Other Technology, Finance, Consulting, Accounting, Culture, Upfront Ventures, Viking Global Investors, Temasek, Apeel Sciences, Growth, Idealab, Global Investors Summit, Face, Orange County Business Journal, GIC, Mental health, Love, CNM, World Bank Group, Information technology, Ernst & Young, Financial services, Nursing, Management

CNM LLP, a leading technical advisory firm, has named seasoned finance, operations, and corporate development executive Bill Strong as its first ever President.

Key Points: 
  • CNM LLP, a leading technical advisory firm, has named seasoned finance, operations, and corporate development executive Bill Strong as its first ever President.
  • In this position, Strong will collaborate with CNM’s Managing Partner Sanjay Sheth to further develop the firm’s personnel and culture while spearheading global business operations and strategic initiatives to support the firm’s continued growth.
  • “Bill is the ideal candidate to bring CNM to the next level,” said CNM Executive Chair and Founder Nathan Matthews.
  • “Bill’s vast knowledge of finance and expertise in global operations and corporate development will make him an undeniable force at CNM,” said Sheth.