Thursday, May 26, 2022

TTI appoints Ross Gilardi as Senior VP of Finance – Investor Relations

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Global player in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment, Techtronic Industries Co. Ltd. (TTI) is pleased to announce the appointment of Mr. Ross Gilardi to Senior Vice President of Finance - Investor Relations, effective July 5th, 2022. Mr. Gilardi will be based in the US and assume responsibility for TTI Investor Relations globally. He will report to CEO, Joseph Galli. Mr. Gilardi joins the team after a 23-year career as a respected and highly rated equity research analyst with Bank of America – Merrill Lynch.

BW Digital Ltd completes acquisition of Hawaiki Submarine Cable Limited

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BW Digital Pte. Ltd., an affiliate of BW Group Limited, has announced the formal completion of its acquisition of 100% of the shares of Hawaiki Submarine Cable Limited Partnership and International Connectivity Services Limited (“Hawaiki”). The transaction was subject to applicable regulatory filings and approvals, which have now all been received.

KAUST spins-in five top startups to bring new tech to Saudi Arabia

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King Abdullah University of Science and Technology (KAUST) has wrapped up 'Destination Deep Tech,' a Saudi-first program that spins in top global startups to the Kingdom to develop deep tech innovations. The startups - CeEntek, Hopu, Insignes-Labs, Pasqal, and Proteinea - will experience the three-month program due to their tech expansion into the MENA region.

Fashinza raises $100m to create sustainable supply chain for fashion

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Fashinza, the AI-driven B2B marketplace and real-time global supply chain platform for fashion brands and retailers, announced a Series B funding round totaling $100M USD. The funding round is led by Prosus Ventures (formerly known as Naspers Ventures) and Westbridge along with participation from existing investors Accel, Elevation, and ADQ.

AMCS to reaches agreement acquire prominent SaaS provider Quentic

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AMCS, a global supplier of integrated cloud-based software and vehicle technology for the environmental, utilities, waste, recycling, and resource industries, announced that it has entered into an agreement to acquire Quentic, one of the leading solution providers of Software as a Service for EHSQ and ESG management, for an undisclosed amount.

Freelance platform Gooby launches their seed round for investment

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Gooby, an innovative platform that aims to facilitate the work of individuals and businesses, has announced the launch of its seed round of investment. The platform was developed to streamline the process by which work is done. Paving the way for individuals and businesses to seek services from a plethora of choices, and for freelancers to capitalize on their talent. Gooby is built to be a no-nonsense platform for freelancers, SME’s and  individuals. The platform features an intuitive search engine that allows buyers to search for gigs posted by freelancers or advertise their requirements through job posts. Once a buyer has submitted their post, freelancers submit proposals, giving the buyer a variety of offers to choose from.

Katanox raises $5.7m and plots B2B distribution of travel accommodations

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Katanox, the travel accommodation distribution and fintech platform, has raised $ 5.7m from a group of financial, hospitality, and tech entrepreneur family offices to overhaul and reconfigure B2B distribution in hospitality. The group of investors includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder of fintech Dimebox and current co-founder and CEO of Founder Jan Joost Kalff, and founder of hospitality tech iTesso Bas Blommaart.

Global majors invest 170m NOK in Norwegian firm Hydrogen Mem-Tech

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AP Ventures, Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures and SINTEF Venture are putting their trust and investment into Hydrogen Mem-Tech (HMT). HMT´s palladium membrane technology separates hydrogen from bio and natural gas. The organisation has developed a technology where clean hydrogen is produced from bio and natural gas, while CO2 and other residual gases are captured to be utilized or sequestered. The HMT palladium membrane technology leverages more than 20 years of research from SINTEF, and it has been extensively tested and piloted over several years.

The Society of Publishers in Asia casts 2022 journalism awards finalists

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The Society of Publishers in Asia (SOPA), a Hong Kong-based non-profit firm dedicated to pursuing excellence in journalism, announced the finalists for the SOPA 2022 Awards (full list). Global, regional and local media outlets submitted over 750 entries in English and Chinese. SOPA is celebrating the 40th anniversary since its founding in Hong Kong in 1982. The annual awards recognizing great journalism in the Asia Pacific region have been given out every year since 1999. This year’s winners will be announced on June 16 at the virtual SOPA Awards Gala and live-streamed on SOPA Asia’s YouTube channel from 7pm Hong Kong time.

PUMA CEO Bjørn Gulden and Juve’s Giorgio Chiellini talk about leadership

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PUMA CEO Bjørn Gulden and Giorgio Chiellini, who captained the Italian national football team to success at Euro2020, talked about their careers, leadership skills and the importance of having fun, in a video interview published as part of the sports company’s annual report.