Indian electric scooter startup Simple Energy raises $25 million
The Bengaluru-based company had previously secured USD 20 million in a Series A funding round in July 2024, more than USD 20 million in a bridge round in February 2023, and USD 21 million in a pre-Series A funding round in November 2021.
Business Finland approves €28M grant for ICEYE’s R&D program
The continuation grant will accelerate major advances in Finnish company ICEYE’s technology portfolio. R&D will focus on enhancing ICEYE’s sensing capabilities, data collection and AI-driven analysis.
Seoul Semiconductor’s HV opto-semiconductor powers up automakers
The technology combines micro-scaled opto-semiconductor chips capable of 12V single-chip operation with a high-voltage (HV) driver technology, enabling a reduction of more than 10% in the number of driver-related components used in hybrid and electric vehicles.
Sponsored content by Shanghai Yongming Electronic Co.,Ltd
Cold Start & Vibration in Auto Water Pumps: YMIN Hybrid Caps Enable Pin-to-Pin Replacement
YMIN VHT/VHU/VHR solid-liquid hybrid capacitors for automotive electronic water pumps solve cold-start noise and high-vibration challenges. They enable pin-to-pin replacement of Japanese brands with equivalent performance and stable supply.
Why stockpiling doesn’t work anymore
For years, memory sourcing followed a familiar logic. Buyers negotiated hard, and, when prices rose, trusted that the cycle would eventually rebalance. That approach worked – until it didn’t.
Hitachi Energy expands Polish plant
Expansion of the Hitachi Energy plant in Łódź is in progress. The PLN 62 million investment is intended to increase the production capacity of one of the company’s largest transformer manufacturing facilities worldwide, according to the lodz.pl.
Quantix selects Murcia as location for its semiconductor project
The QUANTIX project involves an estimated investment of EUR 40 million dedicated to the development of a Semiconductor Design and Personalization Center in the Region of Murcia, with advanced capabilities in cybersecurity, post-quantum technology, AI, and RISC-V systems.
Semtech Corporation Joins Z-Wave Alliance Board of Directors
As a provider of high-performance semiconductors powering AI data center networking, IoT connectivity, and intelligent connected devices worldwide, Semtech brings silicon expertise and a unique perspective to the Alliance.
German company CMBlu Energy raises €50 million
CMBlu is the inventor of SolidFlow, a new class of non-lithium long-duration energy storage engineered for high-energy, multi-hour applications, designed to deliver ten hours or more of dispatchable energy.
Faraday Future announces $25 million in new financing
The California-based global Embodied AI (EAI) ecosystem company is focusing on two product engines: Embodied AI (EAI) humanoid and bionic robots, and EAI automotive robots.
ABB to acquire Specialtrasfo to boost industrial electrification
The offering ABB is acquiring focuses on specialized transformers for various industrial applications including energy, marine, metals, mining, industrial processing and offshore applications adding a key building block to its powertrain offering.
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