Page 26 - Shell Ventures News Today

Israeli vehicle inspection AI co Ravin raises $15m The Haifa-based company provides solutions for fleet maintenance, insurance claims, leasing, logistics and dealer aftersales. Israeli vehicle inspection AI company Ravin.AI today announced the completion of its $15 million Series A financing round of led by KAR Global with the participation of existing investors PICO Venture Partners and FM Capital. This latest financing round brings to $25 million the amount raised by Ravin. Other investors in...

Carmel-based KAR Global (NYSE: KAR) has made what it is calling a strategic investment in an Israel-based artificial intelligence startup.

KAR Global invests millions in Israel-based artificial intelligence company FREE NEWSLETTERS KAR Globals headquarters in Carmel. (IBJ file photo) Carmel-based KAR Global on Tuesday said it has invested millions of dollars in an Israel-based company that makes artificial intelligence products that aid in vehicle inspections. KAR, a wholesale automotive auction operator, said it was the majority investor in Ravin AI’s $15 million Series A funding round. K...

  [A] We manage our total proved reserves base without distinguishing between proved reserves from subsidiaries and those from joint ventures and associates. [B] Includes proved reserves associated with future production that will be consumed in operations. [C] Natural gas volumes are converted into oil equivalent using a factor of 5,800 scf per barrel.    How this risk is managed: We continue to explore for and mature hydrocarbons across our Deep Water, Conventional Oil and Gas, Shal...

Daniel Ramot, left, and Oren Shoval, the co-founders of ridesharing firm Via Transportation Inc (Courtesy) Israel-founded ridesharing firm Via Transportation Inc. said Wednesday it is acquiring US firm Remix, a developer of collaborative mapping software for transportation planning, for $100 million to boost its customer offering. Remix was founded in 2014 in San Francisco as a grassroots, easy-to-use transit planning platform. The company secured investments from Sequoia, Y Combinator, and Ene...

Net Zero Nature brings together global experts, business leaders, NGO’s and innovators to explore why protecting and restoring nature is fundamental to global economic prosperity, investigate the transformative changes businesses must make now to avoid extinction, and consider best practices and latest developments. Register now to secure your place for a unique day of learning, leadership and practical insight. Date: 27 May 2021

A little over 13 years ago, Shai Agassi, a promising software executive who was in line to succeed the chief executive at SAP, then one of the world’s mightiest software companies, left the company he’d devoted the bulk of his professional career to and started a business called Better Place. That startup promised to revolutionize […]

Interview: Jerom Van Roosmalen, CEO Nordsol “Bio-LNG and LNG are worlds apart” [GasTransitions] Feb 15, 2021 7:15:am Summary In November, Dutch start-up Nordsol started construction of the first bio-LNG installation in the Netherlands in a partnership with Shell and waste-to-product company Renewi. In an exclusive interview with Gas Transitions, CEO and co-founder of Nordsol, Jerom van Roosmalen, discusses what is unique about the company’s technology, what the prospects ar...

Shell's new strategy hinges on power trading and its massive footprint of gas stations, but it will still spend a lot of money on fossil fuels.

Cumulus Raises $8M in Growth Capital to Make Industrial Facilities Cleaner, Safer, and More Productive Cumulus Raises $8M in Growth Capital to Make Industrial Facilities Cleaner, Safer, and More Productive Cumulus Digital Systems, the startup building the Internet of Tools„¢ platform for the industrial workforce, announced today that it has raised $8 million in strategic growth capital led by new investor GEC, with participation from existing investors Brick & Mortar Ventures and Shell Ventu...