Strategic Foresight Group

Ultrasound Sensor Specialist Novosound Inks Deal With Nasdaq-listed PAVmed Inc. to Advance Intravascular Imaging Technology

Retrieved on: 
Wednesday, December 21, 2022

Ultrasound sensor specialist Novosound has signed a commercial partnership agreement with PAVmed Inc. , the Nasdaq-listed diversified medical technology company, to develop technology aimed at advancing intravascular imaging.

Key Points: 
  • Ultrasound sensor specialist Novosound has signed a commercial partnership agreement with PAVmed Inc. , the Nasdaq-listed diversified medical technology company, to develop technology aimed at advancing intravascular imaging.
  • The PAVmed agreement furthers Novosound’s move into healthcare, and its regional expansion into North America.
  • The company has announced a series of international contract wins over the last twelve months, including with aerospace groups BAE Systems and GE Aviation, and Israeli-based digital health company dSound.
  • Novosound will be exhibiting its wireless wearable ultrasound platform at CES 2023 in Las Vegas between 5-8 January.

Cambridge GaN Devices Secures $19m to Scale up for $50bn Power Semiconductor Device Market

Retrieved on: 
Tuesday, November 15, 2022

Our ICeGaN GaN transistors which are now in the hands of customers at scale are amongst the most efficient devices of their type on the market.

Key Points: 
  • Our ICeGaN GaN transistors which are now in the hands of customers at scale are amongst the most efficient devices of their type on the market.
  • CGD has already made remarkable progress, developing new intellectual property and bringing to market its new ICeGaN Gallium Nitride transistor family which addresses a $50bn global power semiconductor market.
  • As a Value Chain Aggregator of TSMC, we supported Cambridge GaN Devices as the first GaN customer in Europe.
  • Cambridge GaN Devices (CGD) is a fabless semiconductor company spun out by Prof. Florin Udrea and Dr. Giorgia Longobardi from Cambridge University in 2016 to exploit a revolutionary technology in power devices.

UL Solutions Acquires Cimteq Limited

Retrieved on: 
Monday, September 12, 2022

NORTHBROOK, Ill., Sept. 12, 2022 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced its acquisition of Cimteq Limited ("Cimteq"), a leading design support and manufacturing software provider for the global wire and cable manufacturing industry based in the U.K.

Key Points: 
  • The acquisition of Cimteq strengthens UL Solutions' software capabilities to better serve small and large wire and cable customers across the product life cycle.
  • "Cimteq will enable UL Solutions to help customers optimize operations while enhancing product safety and compliance."
  • "Cimteq was founded to develop software solutions for the wire and cable industry and help manufacturers achieve their digital transformation ambitions while developing safe and compliant products," said Michael Braddock CEO of Cimteq.
  • "We share UL Solutions' mission-centric safety culture and are proud to join them to help advance innovations for the wire and cable industry."

Foresight Williams Invests £2.5m Growth Capital Into Kognitiv Spark, a Software Company Providing 3D Data to Support Field Service Workers in Remote Locations

Retrieved on: 
Thursday, March 10, 2022

FREDERICTON, New Brunswick, March 10, 2022 (GLOBE NEWSWIRE) -- Foresight Group ("Foresight"), a listed private equity and infrastructure investment manager, is pleased to announce a 2.5m growth capital investment into Kognitiv Spark ("KS") which is commercialising software that provides 3D data to support field service workers in remote locations.

Key Points: 
  • FREDERICTON, New Brunswick, March 10, 2022 (GLOBE NEWSWIRE) -- Foresight Group ("Foresight"), a listed private equity and infrastructure investment manager, is pleased to announce a 2.5m growth capital investment into Kognitiv Spark ("KS") which is commercialising software that provides 3D data to support field service workers in remote locations.
  • The investment is funded by the Foresight Williams Technology Fund, a joint venture between Foresight and Williams Advanced Engineering ("WAE").
  • Existing remote assistance software does not have the robustness or functionality required to empower local workers to carry out complex tasks.
  • Matthew Burke, Head of Technology Ventures WAE, added: "We are delighted to support Yan and the wider team at Kognitiv Spark with this investment.

Insurtech that Reduces Workplace Safety Incidents by 31% Closes Series B Round

Retrieved on: 
Wednesday, January 19, 2022

Today Foresight Group further proved its model has merit, closing a solid Series B funding round with $39 million in new capital, led by OMERS Ventures.

Key Points: 
  • Today Foresight Group further proved its model has merit, closing a solid Series B funding round with $39 million in new capital, led by OMERS Ventures.
  • Together, Foresight and Safesite tie safety engagement to insurance savings, removing cost as a prohibitor for businesses on a journey toward eliminating workplace accidents.
  • Foresight has demonstrated an impressive reduction in the frequency of policyholders' workplace safety incidents by an average of 31%.
  • "We've stuck firmly to our core missiondelivering our policyholder clients a reduction in workplace safety incidents and a reduction in premiums," said Fontain.

Rubicon Advises Elgin Energy on the Sale of the UK’s Largest Portfolio of Solar PV Projects

Retrieved on: 
Friday, January 14, 2022

The portfolio sale marks the UKs largest solar PV transaction to date, consisting of 12 projects at the pre-construction stage located across England, Wales and Scotland, with a combined capacity of 519MW.

Key Points: 
  • The portfolio sale marks the UKs largest solar PV transaction to date, consisting of 12 projects at the pre-construction stage located across England, Wales and Scotland, with a combined capacity of 519MW.
  • We are delighted to have reached this significant milestone and partnered with Iberdrola / ScottishPower Renewables on this portfolio.
  • In addition to the above, Elgin Energy delivered 21 solar projects, totalling 230MW, before the UK Governments Renewables Obligation (ROCs) scheme ended in 2017.
  • Elgin Energy works with long-term strategic partners to deliver projects to energisation and provides asset management services through their operational life.

Acendre Acquires Vacancy Filler

Retrieved on: 
Monday, October 11, 2021

ARLINGTON, Va., Oct. 11, 2021 /PRNewswire/ -- Acendre , a leading provider of highly secure talent management software, today announced the acquisition of Vacancy Filler , a provider of modern applicant tracking and onboarding software.

Key Points: 
  • ARLINGTON, Va., Oct. 11, 2021 /PRNewswire/ -- Acendre , a leading provider of highly secure talent management software, today announced the acquisition of Vacancy Filler , a provider of modern applicant tracking and onboarding software.
  • Vacancy Filler provides innovative recruiting and onboarding software to customers in the education, government and healthcare sectors, among others.
  • AlexKhakbiz, CEO,and Founder at Vacancy Fillernotes "at Vacancy Filler we take great pride in building and maintaining customer relationships.
  • The acquisition of Vacancy Filler marks Acendre's second acquisition since StrattamCapital's majority investment in 2018toenable Acendre to accelerate growth.

Acendre Acquires Vacancy Filler

Retrieved on: 
Monday, October 11, 2021

ARLINGTON, Va., Oct. 11, 2021 /PRNewswire/ -- Acendre, a leading provider of highly secure talent management software, today announced the acquisition of Vacancy Filler, a provider of modern applicant tracking and onboarding software. Through this acquisition, Acendre accelerates its innovation trajectory with an infusion of talent and cutting-edge features including advanced workflows, automated onboarding, video interviewing, and CV-parsing that will help customers accelerate their hiring and offer a best-in-class candidate experience in today's dynamic and highly competitive labour market. Existing Vacancy Filler customers will benefit from Acendre's best-in-class analytics and learning management solutions in addition to the combined company's global support and development resources.

Key Points: 
  • Vacancy Filler provides innovative recruiting and onboarding software to customers in the education, government and healthcare sectors, among others.
  • We look forward to collaborating with the talented Vacancy Filler team as we bring them into our global Acendre family and accelerate our collective work."
  • Alex Khakbiz, CEO, and Founder at Vacancy Filler notes "at Vacancy Filler we take great pride in building and maintaining customer relationships.
  • The acquisition of Vacancy Filler marks Acendre's second acquisition since Strattam Capital's majority investment in 2018 to enable Acendre to accelerate growth.