Oishii closes $50m Series A funding, sees itself as the ‘Tesla’ of strawberry vertical farming Oishii, a vertical farm growing Japanese omakase strawberries with 2-3x the sweetness of conventional US-grown strawberries, has closed $50m in Series A funding led by SPARX Group to scale its business for mass market consumption.
The $50m investment from SPARX Group’s Mirai Creation Fund II – a fund established by Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, and SPARX – will be put towards expanding Oishii’s proprietary vertical farming technology which can grow strawberries indoors at a commercial scale.
The company will also use the capital to grow and produce other fruits and vegetables.
Daily Monitor
Tuesday March 09 2021
Summary
As such, any concerns relating to environment and social aspects, if not addressed, are likely to jolt investors.
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The French oil giant Total SA chief executive, Mr Patrick Pouyanne, has acknowledged that the company’s oil projects in Uganda “represent significant social and environmental stakes” but said they are mindful of the fears and are “taking them into consideration.”
Mr Pouyanne said they are mobilising substantial resources to ensure the oil projects are carried out in an exemplary manner and to create value for the people in both countries.
“In view of the questions raised by stakeholders, the commitment of Total is to answer to all questions and to ensure complete transparency on the studies conducted by Total and independent third parties and the actions taken as a result,” Mr Pouyanne said in a statement from the company’s headquarters in Paris yesterday.
263 organizations seek to stop construction of controversial crude oil pipeline across East Africa
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263 community and NGOs from around the world have urged the CEOs of 25 banks not to fund the construction of a heated crude oil pipeline.
The organizations, from 49 countries, including 122 African-based, listed the immense threats that the 1,445-kilometer-long East African Crude Oil Pipeline (EACOP) would pose. The pipeline, they stated, will affect local communities, water supplies, and biodiversity in Uganda, Tanzania, Democratic Republic of Congo and Kenya.
They also warn that the pipeline will fuel climate change by transporting oil that will generate over 34 million tons of carbon emissions each year. The project is proposed by French oil company Total and the China National Offshore Oil Corporation.
Allganize raises $10 million round led by Atinum Investment
Share Article SAN FRANCISCO (PRWEB) March 08, 2021 Allganize announces that it has completed a $10 million financing led by Atinum Investment, with participation from Stonebridge Ventures, Sumitomo Mitsui Banking Corporation and existing investors. This brings the total funds raised by Allganize to $15 million since its founding in July 2017.
Headquartered in the San Francisco Bay Area, Allganize uses natural language processing (NLP) to extract answers to users natural-language questions directly from millions of unstructured text documents without any manual preparation of training data. The technology is also able to automatically generate questions and answers from unstructured data.
4 March 2021 7:49 GMT Updated 4 March 2021 9:49 GMT in London
Hundreds of civil society organisations have called on banks not to fund the $3.5 billion to $4 billion East African Crude Oil Pipeline (EACOP) because of the threats it poses to local communities, water supplies and biodiversity.
In an open letter published this week, organisations from 49 countries including 122 based in Africa called on banks not to participate in loans to fund construction of what will be the world’s longest heated pipeline.
The StopEACOP alliance also warned the pipeline will fuel climate change by transporting oil that, it estimates, will generate over 34 million tonnes of carbon emissions each year.