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Andes raises USD 15 million in Series A funding co-led by Leaps by Bayer and Cavallo VenturesSeptember 15, 2021

Andes raises USD 15 million in Series A funding co-led by Leaps by Bayer and Cavallo Ventures

Leaps by Bayer, the impact investment arm of Bayer AG, announced that it has co-led a USD 15 million Series A investment round in agriculture and biotechnology innovator, Andes, with Cavallo Ventures. Other new investors Builders VC, Germin8,...
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SEAT breaks the mold in its latest digital driven campaigns to show its strongest range everSeptember 15, 2021

SEAT breaks the mold in its latest digital driven campaigns to show its strongest range ever

SEAT brand breaks the mold in its most recent creative marketing campaigns to promote its strongest range ever. Developed with agencies CATORCE Agency and DDB Paris, these campaigns highlight the unique experiences with the optimistic Barcelona...
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BP invests in European in-car payments provider rydSeptember 14, 2021

BP invests in European in-car payments provider ryd

bp ventures is investing €10 million in Europe’s leading in-car digital payments provider, ryd. The company offers a convenient single digital payment solution for drivers, for services such as fuel purchases, electric vehicle (EV) charging and...
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Volkswagen introduces Over-the-Air Updates for all ID. modelsSeptember 14, 2021

Volkswagen introduces Over-the-Air Updates for all ID. models

Volkswagen is taking the next big step towards becoming a software-oriented mobility provider with its ACCELERATE strategy. Effective immediately, all ID. models will receive regular software updates via mobile data transfer. The updates had...
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Henkel's Idea Hackathon supports 100 early-stage female foundersSeptember 13, 2021

Henkel's Idea Hackathon supports 100 early-stage female founders

The Henkel Xathon, an ideation hackathon for female founders, is taking place for the third time. The aim is to promote female entrepreneurs and talents in the technology industry, strengthen their business innovation and support them in building...
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Nokia and Vodafone Turkey achieve maximum optical transmission capacitySeptember 13, 2021

Nokia and Vodafone Turkey achieve maximum optical transmission capacity

Nokia announced it has broken new ground with Vodafone Turkey with a regional demonstration of a 1Tb/s (terabit per second) per channel coherent transmission over its live optical network. The companies proved a capacity increase of 150% over a...
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Supplier of the Year 2020: Continental Selects Best SuppliersSeptember 12, 2021

Supplier of the Year 2020: Continental Selects Best Suppliers

Partnership and cooperation are currently more in demand than ever before. As a result of this, Continental has presented the technology company’s best suppliers with the “Supplier of the Year” awards in 2020. The award by Continental’s...
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Veoneer Files Definitive Proxy in connection with Magna Merger AgreementSeptember 12, 2021

Veoneer Files Definitive Proxy in connection with Magna Merger Agreement

The automotive technology company Veoneer, Inc., announced that it has filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) ahead of a Special Meeting of Veoneer stockholders. The Special Meeting is scheduled...
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CUPRA moves forward with its ambition to become a fully electric brand by 2030September 10, 2021

CUPRA moves forward with its ambition to become a fully electric brand by 2030

CUPRA landed at the IAA International Motor Show in Munich to present the brand’s future electric vision. Its newest concept car, the CUPRA UrbanRebel Concept, also made its first public appearance at the pre-opening of the new CUPRA City Garage...
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Mobileye Moves from the Garage to the StreetsSeptember 10, 2021

Mobileye Moves from the Garage to the Streets

Mobileye, an Intel company, unveiled the 6-passenger, road-ready electric autonomous vehicle (AV) that will be used for commercial driverless ride-hailing services in Tel Aviv and Munich starting in 2022. Equipped with the Mobileye Drive™...
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MVM has acquired one of the leading energy trading companies in the Czech RepublicJuly 27, 2021

MVM has acquired one of the leading energy trading companies in the Czech Republic

Following the approval of the European Commission, the transaction has been completed by which MVM Zrt. has acquired 100 percent ownership of innogy Česká republika a.s. The energy company, now belonging to the MVM Group, supplies more than 1.6...
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Ericsson accelerates 5G for Enterprise with acquisition of CradlepointJuly 26, 2021

Ericsson accelerates 5G for Enterprise with acquisition of Cradlepoint

Ericsson has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise...
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Volkswagen and Uber launch pilot project with electric vehicles in BerlinJuly 25, 2021

Volkswagen and Uber launch pilot project with electric vehicles in Berlin

Volkswagen together with the intermediation platform Uber, launched a pilot project for the utilization of electric vehicles within the sustainable ride hailing service “Uber Green”. Within the framework of a virtual event, Uber hire car partners...
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Drive up to 78 km on electric power: The New Audi A3 Sportback 40 TFSI eJuly 24, 2021

Drive up to 78 km on electric power: The New Audi A3 Sportback 40 TFSI e

Up to 78 kilometers (48.5 mi) of electric range (NEDC) and 150 kW (204 PS) of system output: Audi presents the A3 Sportback 40 TFSI e. The compact plug-in hybrid is locally emissions-free, offers sporty driving performance with high efficiency,...
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Henkel and Keystone collaborate for 3D printing solutions in the dental industryJuly 24, 2021

Henkel and Keystone collaborate for 3D printing solutions in the dental industry

Henkel and Keystone Industries (Keystone) have announced a collaboration between the companies for additive manufacturing solutions in the dental industry. The collaboration will enable Henkel to add dental applications to its 3D printing...
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Nokia selected as nationwide supplier of 5G RAN by Elisa FinlandJuly 22, 2021

Nokia selected as nationwide supplier of 5G RAN by Elisa Finland

Nokia today announced that it has been selected by leading Finnish mobile operator Elisa as the nationwide supplier of 5G RAN. Nokia, which will provide its AirScale 5G RAN portfolio, will deliver enhanced ultra-fast, low-latency mobile broadband...
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Philips expands peripheral vascular disease portfolio with the QuickClear mechanical thrombectomy system for blood clot removalJuly 21, 2021

Philips expands peripheral vascular disease portfolio with the QuickClear mechanical thrombectomy system for blood clot removal

Royal Philips, a global leader in health technology, announced the launch of the innovative QuickClear mechanical thrombectomy system. The compact, single-use system provides an all-in-one aspiration pump and catheter for the removal of blood...
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Continental AG: Supervisory board approves reorganization planJuly 20, 2021

Continental AG: Supervisory board approves reorganization plan

In its meeting, the Supervisory Board of Continental AG approved the structural measures at the German locations Aachen, Karben and Regensburg as well as the termination of the joint venture with Osram. As things stand, all of the comparable...
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BASF closes divestiture of its Construction Chemicals businessJuly 19, 2021

BASF closes divestiture of its Construction Chemicals business

On September 30, 2020, effective at midnight, BASF closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm. The purchase price on a cash and debt-free basis is €3.17 billion. The...
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Volvo Cars starts production of fully electric XC40 RechargeJuly 18, 2021

Volvo Cars starts production of fully electric XC40 Recharge

The XC40 Recharge is the first of several fully electric Volvos to come and today’s production start represents a significant step towards Volvo Cars’ ambition to reduce its CO2 footprint per car by 40 per cent by 2025. That same year, it expects...
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Subaru Selects Veoneer to Manufacture New Generation EyeSightJuly 17, 2021

Subaru Selects Veoneer to Manufacture New Generation EyeSight

The automotive technology company Veoneer, Inc., has partnered with Subaru to introduce the new generation EyeSight on the all-new Subaru Levorg. Veoneer will begin producing systems for the Japan market starting later this year.
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Audi inspires international pioneers at the Bits & Pretzels eventJuly 14, 2021

Audi inspires international pioneers at the Bits & Pretzels event

Under the motto “Let’s talk about progress” Audi invited experts from all over the world to take the virtual stage at the Bits & Pretzels event. In order to be an active partner providing added value to the start-up community, Audi and its guests...
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Bayer to accelerate transformation to address challenging market environment and enable additional growth investmentsJuly 12, 2021

Bayer to accelerate transformation to address challenging market environment and enable additional growth investments

Bayer AG announced today that the company confirms its adjusted outlook for 2020 and expects 2021 sales at approximately 2020 levels despite significant headwinds from the COVID-19 pandemic, especially in the agricultural market. Core earnings...
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Nokia reaches 100 5G deals and 160 commercial 5G engagementsJuly 9, 2021

Nokia reaches 100 5G deals and 160 commercial 5G engagements

Nokia announced that it has signed 17 new 5G commercial deals since Q2 earnings announcement. With these wins, the company now has 100 commercial 5G deals with individual customers and a total of 160 commercial 5G engagements, including paid trials.
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SOTIO Acquires Rights to BOXR CAR-T Platform and Products from Unum TherapeuticsJuly 6, 2021

SOTIO Acquires Rights to BOXR CAR-T Platform and Products from Unum Therapeutics

SOTIO, a clinical stage immuno-oncology company owned by PPF Group, today announced that it has acquired the rights to Unum Therapeutics’ (Nasdaq: UMRX) BOXR cell therapy platform and BOXR lead programs to develop novel T cell therapies for the...
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