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Forbes Daily Cover Story | Fisker

Famed car designer Henrik Fisker is mounting a comeback seven years after his pioneering electric vehicle company collapsed. This time he has a secret weapon: Geeta Gupta-Fisker, his cofounder, CFO–and wife Allan Ohnsman – Forbes Staff Henrik Fisker seems straight from Hollywood central casting for the role of “famous European car designer.” A tall, blonde, […]

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ThriveFantasy, the pioneering daily fantasy sports and esports prop betting platform, today announced that it has entered into a strategic partnership with top esports organization Envy Gaming. The wide-ranging partnership is ThriveFantasy’s first with an esports team and will see ThriveFantasy named the Official Daily Fantasy Esports Platform for Team Envy. Envy Gaming is the owner and […]

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CAMBRIDGE, Mass., Dec. 9, 2020 /PRNewswire/ — Smartvid.io, an AI-powered construction safety platform, today announced a $5 million round of new funding from Sony Innovation Fund (SIF) and IA Capital Group. Joining the round were prior investors, Building Ventures, Companyon Ventures and Converge, among others. This new round brings the total amount of funding that Smartvid.io has raised to $21 million. “Smartvid.io has demonstrated strong commercial traction both with […]

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As companies ramp up their data focus, accessibility becomes critical. Most companies use scaleable log analytics solutions based on the ELK stack (aka Elasticsearch). But faced with data at scale, the ELK stack faces challenges, including rising retention costs and crashing clusters, according to Ed Walsh (pictured), chief executive officer of ChaosSearch Inc. But ChaosSearch, a scalable log analytics […]

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Lumentum Acquires TriLumina

Lumentum Holdings Inc. (“Lumentum”) (Nasdaq: LITE) and TriLumina Corporation (“TriLumina”) today announced that Lumentum has acquired certain technology assets of TriLumina, including its patents and other intellectual property. TriLumina technology includes innovative flip-chip, back-emitting VCSEL arrays for use in a wide range of applications, including 3D sensing, automotive safety and driver assistance systems and LiDAR, […]

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Genesis will be the first automaker in the industry to commercialize EV wireless charging on a production vehicle. Developed by WiTricity, WiTricity’s high efficiency 3.6-11 kW EV charging system provides carmakers, Tier 1 suppliers, and charging infrastructure suppliers the most flexible and interoperable wireless charging system design. The system, which has undergone rigorous testing by […]

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LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (“Fisker”), a developer of the world’s most emotionally desirable, eco-friendly electric vehicles, announced today that it has completed its business combination (“Business Combination”) with Spartan Energy Acquisition Corp. (“Spartan”) (NYSE:SPAQ), a special purpose acquisition company sponsored by an affiliate of Apollo Global Management, Inc. (NYSE:APO). Spartan stockholders approved the business combination in […]

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WiTricity, the industry pioneer in efficient wireless power transfer over distance, today announced it has closed a $34 million investment round. Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its U.S. subsidiary, Mitsubishi Corporation (Americas). The infusion of capital will enable WiTricity to continue its leading-edge […]

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LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (Fisker) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – today announced that it is set to reveal the production version of the Fisker Ocean, its all-electric SUV, at the 2021 Los Angeles Auto Show. “It’s with great excitement that we’re making the global […]

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BOSTON, MA – October 21, 2020 – ChaosSearch, creator of the first cloud data lake platform for scalable log analysis, today announced it has named Melinda Smith as Chief Financial Officer. Smith was most recently CFO for PayPal’s Venmo business unit, which she shepherded through a period of explosive growth in revenue and customer acquisition. Smith, who has held […]

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