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Que. investors to purchase Lion Electric

Canadian Manufacturing

A group of Quebec investors has reached a deal to acquire and relaunch Lion Electric, offering a second chance to the struggling vehicle-maker. The consortium of investors is led by Pierre Wilkie, a director of the company, and Vincent Chiara, president of Montreal real estate developer Groupe MACH. The St-Jrme, Que.-based

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Quebec judge approves sale of vehicle-maker Lion Electric to investor group

Canadian Manufacturing

A Quebec Superior Court judge has approved the sale of vehicle-maker Lion Electric to a group of Quebec investors, giving the struggling manufacturer a new lease on life. The consortium of investors is led by Pierre Wilkie, a director of the electric-vehicle company, and Montreal real estate entrepreneur Vincent Chiara.

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Investor Dean Drako acquires Cobalt Robotics

Robotics Business Review

Credit: Cobalt robotics Cobalt Robotics has been acquired by investor Dean Drako, and the name of the firm has been changed to Cobalt AI. The post Investor Dean Drako acquires Cobalt Robotics appeared first on The Robot Report. Financial terms of the acquisition were not disclosed.

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Path Robotics raises $100M to automate welding

Robotics Business Review

Path Robotics adds investors Matter Venture Partners and Drive Capital led the round, which also included participation from Yamaha Ventures, Taiwania Capital, MediaTek, Catapult Ventures, Gaingels, Addition, Tiger Global, and Basis Set. .”

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New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.

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Top Robotics and Automation Stocks to Watch in 2024: A Guide for Tech Investors

Robotics Automation News

For investors, this wave of tech-driven change means opportunities to tap into growth. The robotics and automation sector is exploding with potential. Industries everywhere – from manufacturing to healthcare – are embracing robots and automation to streamline processes, cut costs, and boost productivity.

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Eureka Robotics raises $10.5M to scale its vision systems in the U.S.

Robotics Business Review

Global investors support automation startup “Eureka Robotics was founded in 2018 with the mission of helping factories worldwide automate dull, dirty, and dangerous work, so that human workers can focus on their creative endeavors,” stated Dr. . ” B Capital, a global multi-stage investment firm, led the round.