Author: Marko Gogjic

Rithmik Solutions Secures $2 Million in Funding to Revolutionize Mobile Mining Equipment Management

Rithmik Solutions Secures $2 Million in Funding to Revolutionize Mobile Mining Equipment Management MONTREAL, QC — Rithmik Solutions, a leader in AI-powered analytics for mobile equipment optimization in the mining industry, is thrilled to announce the successful closure of a $2 million funding round. This investment was spearheaded by a syndicate of new and existing investors, demonstrating strong confidence in Rithmik’s innovative approach to reducing greenhouse gas emissions, enhancing equipment uptime and improving operational efficiency. Rithmik’s Asset Health Analyzer (AHA™) leverages advanced machine learning techniques to provide early warnings of equipment issues, optimize maintenance, and deliver insights into aspects of operations impacting asset...

Women’s success: Zorah biocosmétiques and Tengiva receive Government of Canada support and accelerate their growth

Women’s success: Zorah biocosmétiques and Tengiva receive Government of Canada support and accelerate their growth From: Canada Economic Development for Quebec Regions News release The two women-led businesses receive a total of $549,000 in financial assistance from CED. Montréal, Quebec, March 8, 2024 – Canada Economic Development for Quebec Regions (CED) In the wake of International Women’s Day, celebrated today, March 8, the Government of Canada wants to highlight the role women entrepreneurs play in the country’s economic development. Their invaluable contribution helps build healthier, more prosperous, more inclusive communities. That is why Annie Koutrakis, Member of Parliament for Vimy and Parliamentary Secretary to the Minister of Tourism and Minister responsible for CED, is taking the opportunity to...

HaiLa Technologies Signs a New Partnership With Murata Electronics From Japan!

HaiLa Technologies Raises $10.35 Million USD from Murata Electronics and supporting investors. New funding will fuel R&D development of HaiLa’s ultra low-power RF solutions to enable ambient IoT and reduce sensor battery waste. Montreal, Oct. 11th 2023,  HaiLa Technologies Inc., a Canadian fabless semiconductor and software company developing highly power-efficient radio communications solutions, today announced that it has raised USD$10.35 million from new strategic investor Murata Electronics as well as the entire group of existing investors including Stanford University, Mika, Ecofuel Fund, Chrysalix, and TandemLaunch. “HaiLa’s team is dedicated to pushing the boundaries of power efficiency in wireless.  Whether it is their use...

Brilliant Matters raises $5.1 million and accelerates its commercialization

Organic semiconductors firm Brilliant Matters raises $5.1 million. Québec City, September 28th, 2023. Brilliant Matters Inc., a global leader in organic semiconductors manufacturing for solar energy will accelerate its production, scale-up and commercialization with a recent $5.1 million funding. This investment is co-led by cleantech Ecofuel Fund, specialized in clean technologies, and strategic Japanese partner GSI Creos Corporation. Desjardins Capital also joins Brilliant Matters’ existing shareholders. Takashi Yanagisawa, GSI Creos executive officer, says; ‘’We are delighted that the additional funding from GSI and other investors will allow BM to expand its production facilities and thereby respond to requests from OPV manufacturers to increase the supply...

First Finished Products Made With Recycled Styrene Generated Through Pyrowave Technology

  MONTREAL, Sept. 13, 2023 /PRNewswire/ - Pyrowave, a Canadian technology company, is proud to announce that Michelin and Knauf Industries have successfully produced batches of finished elastomer and plastic products incorporating 100% styrene from plastic waste recycled in Canada using Pyrowave technology. The tests performed on the resulting elastomers demonstrated quality and intrinsic properties identical to those of elastomers made from virgin fossil-sourced materials. Tests for Future Incorporation of Recycled Content in Tires Michelin, a key player in sustainable mobility, has produced a four-ton prototype batch of styrene-butadiene rubber (SBR) in their Bassens plant in France. The SBR was produced using 100% styrene recycled by Pyrowave and has...