Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...
Tags: Magna, Self-Driving Systems
Kraft Heinz has launched a new platform, called Springboard, which seeks to partner with and incubate fast-growing, disruptive brands. The platform is dedicated to nurturing, scaling, and accelerating growth of disruptive US brands within ...
Tags: Kraft Heinz, Incubator
The UK Government has launched a three-year review into driving laws in preparation for self-driving vehicles. With the detailed review, the government plans to make sure that the UK remains one of the best places in the world to develop, ...
Sappi North America, a producer and supplier of diversified paper and packaging products, has joined as a new funding partner of The Recycling Partnership, a national nonprofit that applies corporate funding to improve recycling efforts in ...
Plastic packaging solutions provider Graham Packaging is planning to invest $6.7m to expand its plastics manufacturing operation in Campbell County, Virginia, US. The new investment is expected to create eight new jobs while training 37 ...
Tags: Graham Packaging, Packaging
The US Food and Drug Administration has issued draft guidance for drug manufacturers to clarify when a gluten-containing ingredient has been used to make prescription and over-the-counter drugs. Gluten is a protein found in wheat, barley ...
Guardian Optical Technologies announced the launch of breakthrough, patent-pending sensor technology for automobile manufacturers, supported by $5.1m in Series A funding from Maniv Mobility and Mirai Creation Fund. The company will use ...
Tags: automobile, Guardian Optical
UK-based Environmental Services Association (ESA) has recommended the HM Treasury to work with Defra to increase recycling in the country. ESA is a trade association that represents the resource and waste management industry in the UK. ...
Tags: packaging, recycled material
Switzerland-based Hoffmann Neopac has purchased a majority stake in India-based 3D Technopack for an undisclosed sum. Based in Mumbai, 3D Technopack is engaged in the production of plastic tubes for the health and beauty care markets. ...
Tags: Neopac, 3D Technopack
Polymer giant Covestro is leading a consortium of 14 partners to study how plastics can be produced from flue gas from the steel industry in an efficient and sustainable manner. The investigation anchored by the materials manufacturer ...
Tags: Steel Plants, Plastics
CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
State University of New York (SUNY) Polytechnic Institute says that associate professor of nanoengineering Dr Woongje Sung has been selected to receive $750,000 in federal funding from the US Department of Energy (DOE) to develop silicon ...
Tags: Power Electronics Chips, Suny Poly
Gogoro Inc, a Taiwanese-based venture-backed company that develops and sells electric scooters and battery swapping infrastructure, has raised another US$300 million (NT$9 billion) as it looks to further expand to new regions and product ...
Tags: electric scooters, battery
With the migration from 10G and 40G to 100G data rates accelerating considerably until 2020 (with more than 15 million 100G ports expected to be deployed), Source Photonics Inc of West Hills, CA, USA (which provides broadband access optical ...
Tags: Source Photonics, Transceiver
Crowdfunding platform Kickfurther has selected US-based organic, ancient grain infused drink manufacturer Baqua as its partner. This newly designed platform is poised to disrupt the beverage industry and quickly open access to scores of ...
Tags: Kickfurther, Beverage