MIG

EQS-News: MIG Capital leads €5 million Series A financing of animal healthcare company HawkCell to democratise MRI imaging

Retrieved on: 
Wednesday, March 13, 2024

The funding round is led by MIG Capital, with participation from a French investment bank.

Key Points: 
  • The funding round is led by MIG Capital, with participation from a French investment bank.
  • HawkCell has developed an innovative system incorporating both hardware and software solutions to augment animal MRI imaging.
  • With its one-of-a-kind imaging solutions for veterinarians and pre-clinical research, HawkCell will change how we understand and care for animals.
  • We have been impressed by the highly talented and dedicated team with admirable ambitions to transform the future of animal imaging.

EQS-News: MIG Capital announces stable development in fiscal year 2023, optimistic outlook for 2024

Retrieved on: 
Thursday, February 15, 2024

MIG Capital announces stable development in fiscal year 2023, optimistic outlook for 2024

Key Points: 
  • MIG Capital announces stable development in fiscal year 2023, optimistic outlook for 2024
    The issuer is solely responsible for the content of this announcement.
  • MIG Capital announces stable development in fiscal year 2023, optimistic outlook for 2024
    MIG Capital added three start-ups to its portfolio with talpasolutions, mbiomics and Look Up Space
    In 2024, MIG Capital will continue its long-standing success with a focus on continued investment in highly innovative start-ups, the identification of exit options and continued expansion of the investment team
    MIG Capital, one of Germany’s leading venture capital investors, reports a successful 2023 financial year.
  • Michael Motschmann, Managing Partner of MIG Capital, said: “For the entire VC sector, including ourselves, 2023 was the second difficult year in a row.
  • Dr. Matthias Kromayer, Managing Partner of MIG Capital, said: “Despite continued economic uncertainty, we see our portfolio companies making stable progress in 2024.

Multi Image Group's (MIG) Growth Accelerating to Meet Clients Growing Event Production and Creative Needs

Retrieved on: 
Tuesday, February 13, 2024

BOCA RATON, Fla., Feb. 13, 2024 /PRNewswire/ -- Multi Image Group (MIG), a leading event and exhibit production agency, is proud to announce a series of strategic investments to adapt to clients expanding creative and production needs.

Key Points: 
  • BOCA RATON, Fla., Feb. 13, 2024 /PRNewswire/ -- Multi Image Group (MIG), a leading event and exhibit production agency, is proud to announce a series of strategic investments to adapt to clients expanding creative and production needs.
  • This new facility not only allows MIG to expand their capabilities (offering more under one roof than ever before) but ensures streamlined processes for event and exhibit production, storage, and distribution.
  • Employment Growth: As part of its expansion strategy, MIG is proud to contribute to local job growth with an increase of 14% in the past year.
  • MIG's latest employment growth reflects its allegiance to the community and fostering talent within the events and exhibits industry.

Global Welding Guns and Torches Market Outlook & Forecasts 2023-2028 Featuring Key Vendors - ESAB, Fronius International, Illinois Tool Works, Lincoln Electric, and Panasonic Connect - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 7, 2024

Major players in the worldwide welding guns and torches market are ESAB, Fronius International, Illinois Tool Works, Lincoln Electric, and Panasonic Connect, which act as dominant forces in the industry.

Key Points: 
  • Major players in the worldwide welding guns and torches market are ESAB, Fronius International, Illinois Tool Works, Lincoln Electric, and Panasonic Connect, which act as dominant forces in the industry.
  • The Asia Pacific region dominated the global welding guns and torches market share in 2022, responsible for over 37% of the total revenue.
  • Advanced welding processes are a significant phenomenon driving the growth of the welding guns and torches market.
  • The global welding guns and torches market is highly diverse and segmented, with various types of equipment tailored to different welding processes.

Arc Welding Robots Market to increase by USD 708.44 million during 2022-2027; Growing popularity of industrial robots in APAC to drive the growth - Technavio

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The arc welding robots market size is expected to grow by USD 708.44 million between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The arc welding robots market size is expected to grow by USD 708.44 million between 2022 and 2027.
  • The growing popularity of industrial robots in APAC drives market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View a Free PDF Sample
    The report recognizes the following as some of the key players in the arc welding robots market: ABB Ltd., Arrowtek Robotic Pvt.

Xaba Closes $2 Million Seed Extension to Deliver Intelligent, Self-programming Robotic Systems for Manufacturing

Retrieved on: 
Tuesday, January 9, 2024

The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures .

Key Points: 
  • The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures .
  • The investment will be used to establish and staff a new robotics lab and accelerate the delivery of two Xaba manufacturing platforms.
  • Xaba is augmenting industrial robots and cobots with xCognition, an artificial intelligence (AI)-powered software solution.
  • xCognition leverages innovative proprietary machine learning algorithms to model the elasto-mechanical-dynamic behavior of industrial robotics and cobots, as well as workpiece variances.

Bridge Industries and TransTech Energy Announce the Promotion of David Mariano to Vice President of Corporate Development and Strategy

Retrieved on: 
Thursday, January 4, 2024

CLEVELAND, Jan. 4, 2024 /PRNewswire/ -- Bridge Industries LLC ("Bridge") is pleased to announce the promotion of David Mariano to the position of Vice President of Corporate Development and Strategy for Bridge and its portfolio companies, including TransTech Energy (TransTech), Bendel Tank & Heat Exchanger (Bendel), Maddox Industrial Group (MIG), ESI, and Metalforms.  Dave will continue as a TransTech executive leadership team member and report to Bridge Industries Founder & President Jeffrey H. Berlin. This strategic advancement underscores Dave's exceptional leadership and contributions to the organization.

Key Points: 
  • CLEVELAND, Jan. 4, 2024 /PRNewswire/ -- Bridge Industries LLC ("Bridge") is pleased to announce the promotion of David Mariano to the position of Vice President of Corporate Development and Strategy for Bridge and its portfolio companies, including TransTech Energy (TransTech), Bendel Tank & Heat Exchanger (Bendel), Maddox Industrial Group (MIG), ESI, and Metalforms.
  • Dave will continue as a TransTech executive leadership team member and report to Bridge Industries Founder & President Jeffrey H. Berlin.
  • In his previous role as Director of Corporate Development, Dave led Bridge and TransTech's corporate development efforts, successfully integrating three strategic acquisitions and providing continuous support for their management and strategic growth.
  • As Vice President of Corporate Development and Strategy, Dave will continue to lead the corporate development team, assume responsibilities for strategic planning, and spearhead vital growth initiatives.

Maddox Industrial Group Announces Expansion to Gulf Coast

Retrieved on: 
Monday, December 18, 2023

BEAUMONT, Texas, Dec. 18, 2023 /PRNewswire/ -- Maddox Industrial Group (MIG), a leader in delivering specialized industrial solutions to the air separation, energy, refining, petrochemical, wastewater, and other industries, has announced its strategic expansion into the Gulf Coast region. This growth is in collaboration with partner, Metalforms LLC (Metalforms), an industrial fabrication, services, and heat transfer solutions expert based in Beaumont, TX.

Key Points: 
  • Expanded Capabilities to Enhance Asset Reliability & Performance for Air Separation, Cryogenics, Petrochemical, and Energy Industries
    BEAUMONT, Texas, Dec. 18, 2023 /PRNewswire/ -- Maddox Industrial Group (MIG), a leader in delivering specialized industrial solutions to the air separation, energy, refining, petrochemical, wastewater, and other industries, has announced its strategic expansion into the Gulf Coast region.
  • MIG, a TransTech company, has gained recognition delivering specialized industrial solutions for cryogenic and mechanical systems.
  • "We're thrilled to bring our resources and capabilities to the Gulf Coast region to support even faster planned—and unplanned—turnarounds for our shared customers.
  • MIG's expansion to the Gulf Coast marks a significant turning point in its growth and sets the stage for considerable, further gains as the company accelerates expansion into other new geographies, driven by TransTech's strategic plan.

Breaking News: Zoetic Global and The Modern Group Join Forces to Achieve Net Zero Carbon Goals

Retrieved on: 
Wednesday, December 6, 2023

This landmark agreement sets the stage for tangible results throughout Saudi Arabia as Zoetic and TMG collaborate to provide energy efficiency and generation solutions.

Key Points: 
  • This landmark agreement sets the stage for tangible results throughout Saudi Arabia as Zoetic and TMG collaborate to provide energy efficiency and generation solutions.
  • This collaboration will address the energy and environmental goals as noted in Vision 2030," said Zoetic CEO Avery Hong.
  • Executive Chairman Jerome Ringo added, "Zoetic's strategic alliance with The Modern Group is focused on carbon reduction solutions that will pave the way for a sustainable future.
  • Zoetic Global recently announced its full endorsement of the Global Cooling Pledge which is an important topic of discussion at the United Nations Climate Summit COP28.

Texas Hookah - An Online Hookah Store Serving Worldwide Clients

Retrieved on: 
Thursday, November 9, 2023

HOUSTON, Nov. 9, 2023 /PRNewswire-PRWeb/ -- Texas Hookah is a hookah retailer and wholesaler offering premium quality hookahs, shisha/tobacco flavors, charcoals, and hookah accessories. Their storefront is located at 8413 Almeda Rd in Houston, TX.

Key Points: 
  • Texas Hookah is a hookah retailer and wholesaler offering premium quality hookahs, shisha flavors, charcoals, and hookah accessories to clients around the world.
  • HOUSTON, Nov. 9, 2023 /PRNewswire-PRWeb/ -- Texas Hookah is a hookah retailer and wholesaler offering premium quality hookahs, shisha/tobacco flavors, charcoals, and hookah accessories.
  • Texas Hookah was founded in May 2007 by Nimesh Patel as an e-commerce website that sold hookahs, shisha flavors, hookah charcoals, and hookah accessories.
  • In addition to its website and store, Texas Hookah also opened hookah lounges so that clients could experience the extensive collection of flavors offered.