Tag: Investment in technology

Open-source process mining vendor Apromore raises AU$6.84mn in Series A funding

Developer of open-source process mining technology Apromore recently announced that it has raised AU$6.84mn in a Series A funding round. The fundraise was led by German business process management specialist GBTEC. The funding round also involved investment from Melbourne-based consulting and technology firm Leonardo and The University of Melbourne, which helped to incubate Apromore prior…

Volkswagen invests extra $200mn in solid-state battery company QuantumScape

German automobile manufacturing giant Volkswagen recently announced that it has increased its stake in US-based solid state battery company QuantumScape. The automaker has recently invested another $200mn in the Stanford University spinout startup to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times. “We…