Categories
Acquisition

RIL to acquire majority stake in SenseHawk

Reliance Industries Ltd (RIL) announced it has signed definitive agreements to acquire a majority stake in SenseHawk Inc (SenseHawk) for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of softwarebased management tools for the solar […]

Categories
Investment

SenseHawk bags $5.1 mn in Series A1 funding led by Alpha Wave Incubation

SenseHawk, a leader in AI-powered software for the entire solar lifecycle, announced that it has raised $5.1 million in Series A1 funding led by Alpha Wave Incubation (AWI), a $300m venture fund, managed by Falcon Edge Capital, a leading global alternative asset manager, and backed by ADQ, one of the largest regional holding companies based […]