Britain has begun paying firms millions of pounds in compensation to industrial companies help shield them from higher energy bills due to European carbon permits, a government spokeswoman said on Thursday (7 November).
"The government has begun compensating companies for the indirect costs of the European Union Emissions Trading System (ETS) ... To date a total of 16 million pounds ($25.7 million) has been paid to 17 companies in the UK," a spokeswoman from the Department of Energy and Climate Change (DECC) said in an email.
Swiss mobile cloud-based field service app maker Coresystems has raised $15.5 million in Series A funding — its first external funding round, despite being founded in 2002. The investment comes from a consortium of private Swiss investors and well-known German tech investor Peter Zencke, a former SAP executive board member and head of research and development.
Coresystems says the new funding will be used to accelerate product enhancements and business development and sales efforts to meet “growing demand” for its mobile cloud apps and software products, which help both small and large companies manage and deliver customer service out in the field.
As personal computer sales continue to shrink, chip giant Intel has set its sights on remaking data centers, powering laptops that convert into tablets and expanding its beachhead in the mobile device market.
That’s the message Intel Chief Executive Brian Krzanich delivered at the Intel Capital Global Summit late last month in San Diego.
“That’s our strategy, to drive every segment,” Krzanich said.
Big data may be about to overwhelm the healthcare system. A little healthcare business intelligence tip: Data by itself won’t drive value and outcomes. Smart healthcare analytics will. In Deloitte’s DBrief, “Big Data Revolution: Unlocking Healthcare Analytics,” healthcare industry experts talked about the opportunities and barriers for industries across the care continuum to harness data, contextualize it and use it to move from hindsight to insight (and eventually, with the help of predictive analytics, foresight).
Appboy, a company that helps mobile app marketers better retain users and keep them engaged, is today announcing $7.6 million in Series A funding. The round was led by Icon Venture Partners, and saw participation from new investors IDG Ventures, and Mike Lazerow, founder of Buddy Media. Existing seed investors, including Blumberg Capital, Accelerator Ventures, Bullpen Capital and T5 Capital, also participated.
The company has raised a total of $7.6 million. However, in addition to the $5.1 million in Series A funding, Appboy previously raised $2.5 million via convertible note seed financings, which have now converted.
Currently seeking funding on Kickstarter, the Sprav is a smart device that can be retrofitted onto any shower, alerting users when it’s time to get out.
This is part of a new series of articles that looks at entrepreneurs hoping to get their ideas off the ground through crowdfunding. At the time of writing, each of these innovations is currently seeking funding.
