Department of Innovation, Industry, Science and Research

Inder Singh Joins Axelera AI Board of Directors

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Wednesday, October 18, 2023
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Axelera AI , provider of world’s most powerful and advanced solutions for AI at the Edge, today announced Inder Singh, former Chief Financial Officer of Arm, has been appointed as the newest member of the Axelera AI Board of Directors effective immediately.

Key Points: 
  • Axelera AI , provider of world’s most powerful and advanced solutions for AI at the Edge, today announced Inder Singh, former Chief Financial Officer of Arm, has been appointed as the newest member of the Axelera AI Board of Directors effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20231018237802/en/
    Inder Singh, newest member of the Axelera AI Board of Directors.
  • “It’s an honor to join Axelera AI’s Board of Directors, a high-performing team that is disrupting the AI landscape,” notes Singh.
  • Fabrizio Del Maffeo, Co-Founder and CEO of Axelera AI, said, “We are thrilled to welcome Inder as a new member of Axelera AI’s Board of Directors.

EnOcean secures a significant investment from Innovation Industries to drive sustainable IoT innovation

Retrieved on: 
Tuesday, September 26, 2023
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The investment from Innovation Industries underscores the starting point for EnOcean's additional organic and inorganic growth strategy, providing vital resources to accelerate the development of new sustainable IoT solutions and widen its market footprint.

Key Points: 
  • The investment from Innovation Industries underscores the starting point for EnOcean's additional organic and inorganic growth strategy, providing vital resources to accelerate the development of new sustainable IoT solutions and widen its market footprint.
  • “This investment marks a significant milestone for our company and exemplifies the strong alignment of our objectives and our strategy going forward.
  • Chris Sonnenberg from Innovation Industries added: "Partnering with EnOcean in their pursuit of sustainable IoT solutions is a remarkable opportunity for Innovation Industries.
  • The strategic partnership with Innovation Industries provides a strong foundation for these future endeavors, with both entities committed to fostering growth and innovation.

Axelera AI Raises $50M to Democratize Edge AI

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Monday, May 22, 2023
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Through their Metis AI Platform, Axelera AI redefines boundaries and provides access to industry-leading Edge AI products .

Key Points: 
  • Through their Metis AI Platform, Axelera AI redefines boundaries and provides access to industry-leading Edge AI products .
  • “We believe that Axelera AI is in a unique position to capture the rapidly developing edge AI market with a strong combination of next-generation hardware and software.
  • “As one of the first investors in Axelera AI, we are happy to see additional strong investors joining the journey.
  • At the Embedded Vision Summit 2023 in Santa Clara, taking place from May 22-24, Axelera AI will be presenting their Metis AI platform and demonstrating its value proposition.

Oriental Yuhong Makes It to the '2022 Global Building Materials Industry Listed Companies Comprehensive Strength Ranking'

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Thursday, November 24, 2022
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BEIJING, Nov. 24, 2022 /PRNewswire/ -- On November 17 (GMT+8), hosted by the China Building Materials Federation (CBMF), the National Building Materials Industry Carbon Peak Promotion Conference, 2022 National Building Materials Industry Conference, and National Building Materials Industry Science and Technology Innovation Conference and CBMF Expert Committee Working Conference were held in Beijing.

Key Points: 
  • BEIJING, Nov. 24, 2022 /PRNewswire/ -- On November 17 (GMT+8), hosted by the China Building Materials Federation (CBMF), the National Building Materials Industry Carbon Peak Promotion Conference, 2022 National Building Materials Industry Conference, and National Building Materials Industry Science and Technology Innovation Conference and CBMF Expert Committee Working Conference were held in Beijing.
  • Meanwhile, the "2022 Global Building Materials Industry Listed Companies Comprehensive Strength Ranking" and "2021 CBMFChinese Ceramic Society (CCS) Building Materials Science and Technology Award", among others, were released.
  • Oriental Yuhong climbs to 34th place in the '2022 Global Building Materials Industry Listed Companies Comprehensive Strength Ranking', up 11 places from its 2021 ranking.
  • By doing so, Oriental Yuhong keeps building itself up to empower the high-quality development of the industry and society.

European AI Startup Axelera AI Closes $27 Million Series A

Retrieved on: 
Tuesday, October 25, 2022
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European AI startup Axelera AI announced today the close of its $27 million Series A investment round.

Key Points: 
  • European AI startup Axelera AI announced today the close of its $27 million Series A investment round.
  • Jonathan Ballon, former VP and GM of Intels Edge AI and IoT business, will serve as Chairman of Axelera AI.
  • Axelera AI will shortly announce its first product and begin raising for its Series B.
    Axelera AI is designing the worlds most powerful and advanced solutions for AI at the edge.
  • Headquartered at Eindhovens High Tech Campus AI Innovation Center, Axelera AI has R&D offices in Belgium, Switzerland, and Italy.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Industrial Properties, Inc. (IIPR)

Retrieved on: 
Thursday, June 23, 2022
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The Law Offices of Frank R. Cruz reminds investors of the upcoming June 24, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Industrial Properties, Inc. (Innovative Industrial Properties or the Company) (NYSE: IIPR ) securities between May 7, 2020 and April 13, 2022, inclusive (the Class Period).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming June 24, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Industrial Properties, Inc. (Innovative Industrial Properties or the Company) (NYSE: IIPR ) securities between May 7, 2020 and April 13, 2022, inclusive (the Class Period).
  • On this news, the Companys stock fell $13.76, or 7.5%, to close at $169.68 per share on April 14, 2022, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

IIPR DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Innovative Industrial Properties, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 23, 2022
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Investors have until June 24, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 24, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On April 14, 2022, market researcher Blue Orca Capital released a report describing the Company as a marijuana bank masquerading as a REIT.
  • IIPRs model is to conduct sale-leaseback transactions with cannabis producers who are otherwise prohibited from borrowing money because of federal regulations.
  • According to the complaint, during the class period, defendants touted its rigorous underwriting standards and extensive experience in the cannabis industry.

INNOVATIVE INDUSTRIAL 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Innovative Industrial Properties, Inc. - IIPR

Retrieved on: 
Wednesday, June 22, 2022
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This action is pending in the United States District Court for the District of New Jersey.

Key Points: 
  • This action is pending in the United States District Court for the District of New Jersey.
  • Innovative Industrial and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
  • When the true details entered the market, the price of the Companys shares fell, damaging investors.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.

DEADLINE ALERT for BKKT, IIPR, and NTRA: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Monday, June 20, 2022
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LOS ANGELES, June 20, 2022 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, June 20, 2022 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • The Law Offices of Frank R. Cruz, Los Angeles

Final Deadline Alert - Bronstein, Gewirtz & Grossman, LLC Notifies Innovative Industrial Properties, Inc. (IIPR, IIPR-PA) Investors of Class Action and Last Few Days to Actively Participate

Retrieved on: 
Monday, June 20, 2022
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Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Innovative Industrial Properties, Inc. ("Innovative Industrial Properties" or "the Company") (NYSE: IIPR, IIPR-PA) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Innovative Industrial Properties securities between May 7, 2020 and April 13, 2022 inclusive (the Class Period).

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Innovative Industrial Properties, Inc. ("Innovative Industrial Properties" or "the Company") (NYSE: IIPR, IIPR-PA) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Innovative Industrial Properties securities between May 7, 2020 and April 13, 2022 inclusive (the Class Period).
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • If you suffered a loss in Innovative Industrial Properties you have until June 24, 2022 to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.