SuperCluster Pi (House of Brands) has acquired a majority stake in ByNature, a healthy food brand that specializes in clean sustainable plant-based products. This acquisition will enable SuperCluster Pi to increase its portfolio of brands and capture a larger share of the proactive wellness market. ByNature, a healthy food brand started in 2016 with over…
Control Print Limited, a Coding & Marking solutions provider, announced the acquisition of Markprint BV, a world-wide supplier of high-speed printing and coding solutions. As part of the deal, Control Print has acquired 75% of Markprint B.V. for € 1.5 million through its Dutch Holding Company ControlPrint B.V., a statement said. This is a strategic…
Apexon, a newly formed digital engineering powerhouse – the result of the merger between two major players in digital engineering services – has announced it plans to hire close to 1,000 engineers across India (in the next three-four quarters) to meet the surging demand for its products and services. Apexon, and Infostretch Corporation recently completed the merger of…
Japan-based 3D-printed prosthetic legs maker Instalimb raised 445 million yen (Rs. 26 crore) in Series A funding in Japan (including investment, loans, and grants) to foray into the Indian market and launched its technologically advanced prosthetic wear solutions in Gurgaon on 1st of July. Instalimb promises value proposition to the Indian market by revolutionizing prosthetic socket fit and production…
Accenture has made a strategic investment, through Accenture Ventures, in pulsESG, Inc., a public benefit corporation dedicated to empowering purpose-driven enterprises to manage and improve their environmental, social and governance (ESG) footprint. Terms of the investment were not disclosed. Backed by $10 million in earlier seed funding from other leading impact-driven investors, pulsESG is the latest company…
Accenture has acquired Solvera Solutions, a Regina-based company delivering platform-led digital transformation services across Western Canada. Financial terms of the transaction were not disclosed. Founded in 2005, Solvera Solutions has a team of more than 450 professionals with deep consulting and managed service capabilities across ServiceNow, Microsoft and SAP platforms. Solvera Solutions serves clients in the…
Blackstone announced that funds managed by Blackstone Energy Partners (Blackstone) have committed $400 million to lead a strategic investment in Xpansiv Limited (Xpansiv), the premier market-infrastructure platform for global carbon and environmental commodities. Xpansiv connects buyers and sellers of environmental commodities and provides market data for voluntary carbon offsets, renewable energy credits (RECs), and low-carbon…
German automotive supplier Schaeffler has agreed to buy Sweden’s Ewellix Group from investment company Triton for about 582 million euros ($594 million), according to Reuters report. Schaeffler said the purchase continues the expansion of its industrial division and is expected to lift earnings in 2024. Ewellix, which makes components including telescopic lifting columns, employs nearly…
Xponentia Capital Partners, a mid-market focused private equity fund, has raised Rs 365 crore towards the first close of its second fund – Xponentia Opportunities Fund 2, according to ETtech report. The capital has come from Indian corporates, family offices and High Net-worth Individuals with most investors in its first fund doubling down, the report…
IQM Quantum Computers (IQM), the European leader in building superconducting quantum computers, is announcing it has raised €128 million ($128m) in Series A2 funding led by World Fund to expand its international business and accelerate product development to tackle the world’s most pressing problems. The funding, which follows a €39m ($39m) Series A1 announcement in 2020…
Cargill and Continental Grain Company announced the completion of the previously announced acquisition of Sanderson Farms, Inc. by a joint venture between Cargill and Continental Grain. The acquisition was announced on August 9, 2021. Sanderson Farms shareholders are receiving $203.00 per each share of common stock they owned as of immediately prior to the completion of the transaction.…
Theator, the creator of Surgical Intelligence, announced that it has raised $24M in an extension of its Series A funding round. This extension follows an initial $15.5M Series A round announced in February 2021, bringing the round total to $39.5M. The extended funding round was once again led by Insight Partners with support from existing investors including Blumberg Capital, Mayo Clinic, NFX,…
CortiqaHealth announces securing Angel investment from a group of marquee US investors, together with seed funding from founding members. CortiqaHealth would be raising a bridge round in the next quarter, to support the Product Validation and Go-to-Market efforts, a statement said. CortiqaHealth’s mission is to create a healthier community and aims to achieve it by democratizing…
Ericsson has completed its acquisition of Vonage Holdings Corp. (Vonage), supporting Ericsson’s strategy to leverage technology leadership to grow its mobile network business and expand into enterprise. The acquisition provides Ericsson with access to powerful building blocks to offer a full suite of communications solutions including, Communications Platform as a Service (CPaaS), UCaaS and CCaaS,…
Accenture has agreed to acquire Eclipse Automation, a provider of customized manufacturing automation and robotics solutions headquartered in Cambridge, Ontario, Canada. The acquisition will allow Accenture to offer automated production lines that leverage the cloud, data and artificial intelligence (AI), making factories and plants smarter and thus, more productive, sustainable and safe. Financial terms were…