The Quadrant View

Popular plant-based goods company Good Foods, LLC, has recently made it to the headlines for the launch of a brand new product. The leader of plant based dips has announced that it has added the Spicy Queso Blanco to its plant based dip product portfolio. Reportedly, this new dip is available in Sprouts and Target stores throughout the nation. As per Mandy Bottomlee, Director, Content Marketing, Good Foods, the company discovered, through extensive market research and sales reports that the addition of a Spicy Queso Blanco flavor to the plant-based dip range will fare well with Good Foods shoppers. It’s taken a year of consistent research and development for this product to hit the market and meet consumer demands, Bottomlee adds. With the latest addition, Good Foods’ plant-based dip line now boasts of six flavors – the new Spicy Queso Blanco, Avocado Pesto, Buffalo, Cilantro, Queso, and Tzatziki. As per sources, the Spicy Queso Blanco dip is made from almonds and cauliflower that h...

The entertainment industry will be in for a surprise this week. Popular cybersecurity leader IronNet, Inc., and IT procurement services provider JUMP Global Technology Advisors (GTA) have joined hands to announce an initiative aimed at defending the entertainment sector from cyberattacks. While most industries that nations depend on for economic stability, such as the financial sector, electric grid, and more, are natural beneficiaries of security against cyberattacks, the entertainment industry hasn’t exactly been on the radar of any company/establishment. To that end, JUMP GTA and IronNet have recognized that protecting this industry is as important as protecting the others, hence the initiative to deploy advanced threat detection and bring forth sharing of attack intelligence in real time to this industry. Walter Thurmond III, Managing Director, JUMP, has been quoted to state that it is of utmost importance to make sure entertainment companies work amid a secure digital environme...

Energy and climate solutions leader Munters has reportedly signed a turnkey project agreement entailing the construction of a laboratory in Scandinavia. As per sources, the company plans to design and build a lithium battery laboratory in the Scandinavian region, strengthening its position as a major supplier to lithium battery producers. Munters’ step ahead may be an action initiated in favor of climate change that is increasing the demand for lithium batteries the world over. Munters’ ability to build the unit and its competence to ensure appropriate execution of the construction was a major requirement by the client. As per terms and conditions, the company will deliver the project over the forthcoming six months. The project valuation adds up to around MSEK 83.5. Klas Forsström, President and Chief Executive Officer, Munters, has been quoted to state that with increasing focus being given on minimizing carbon emissions, there’s a strong megatrend of sustainability in the market...

France-based biotechnology company TreeFrog Therapeutics has made it to the headlines for having raised USD 75 million in a Series B funding round. With this, the firm’s total funding so far totals to USD 83 million. French venture capital fund Bpifrance Large Venture led the Series B. Other participants include pharmaceutical major Bristol Myers Squibb, US-based investment company Leonard Green & Partners L.P., and Europe-based venture capital team XAnge. Apart from the financing, the company has also made it to the front page for the appointment of Frederic Desdouits, PhD, independent board member, as chief executive officer. Kevin Alessandri, PhD, Co-founder and Executive VP, TreeFrog Therapeutics, USA, has been quoted to state that with Frederic Desdouits’s appointment and the Series B financing, the company will enter a new growth spectrum. He adds that presently, the company has the support of investors having several billion dollars, alongside a top-tier pharma major tha...

SMArtX, the company specializing in unified managed accounts (UMA), has reportedly declared that it has expanded its turnkey asset management platform. Automation has expanded by leaps and bounds since it has been a game changer in the industrial sector. Numerous companies that are profound players across this market have been consistently on the run, working to develop vital automated solutions to be used across a spate of industries. To that end, the mention of SMArtX Advisory Solutions seems vital, given that the company is a major innovator in the UMA technology space. SMArtX Advisory Solutions is more reputed for having brought to life the SMArtX turnkey asset management platform (‘TAMP’). In what may be construed as a major follow-up, the firm has announced its intention to expand the platform with 19 new strategies. The available number of strategies in total, for September, now stands at over 890. As per sources, the innovator’s consistent growth curve can be attributed to ...

Automotive giant Mercedes and technology conglomerate IBM have made it to the headlines for their recent collaboration. Both the companies have announced that they have successfully developed the ‘Urban Guard - Stolen Vehicle Help’ – a service designed for the Mercedes me app that help recover stolen vehicles. The solution expands on an earlier partnership between Daimler (Mercedes' parent company) and IBM that aimed to develop connected car services. According to Juergen Braun, VP and Industry Leader Industrial, Automotive, IBM DACH, connected car experiences are very important, given that today’s consumers are as inclined toward digital, connected services as they are toward the vehicle’s drive performance. To that end, Mercedes has developed connected car services to engage better with its customers and safeguard their investment, Braun added. IBM and Mercedes have worked to build the ‘Urban Guard – Stolen Vehicle Help’ into the Mercedes me App and have suitably designed it t...

Dutch omnichannel communications platform, Trengo, has reportedly made it to the headlines for having raised USD 36 million in a Series A funding round. A private equity company based out of New York and venture capital firms Peak and Insight Partners led the Series A for Trengo. The amount raised is targeted toward expanding the company’s operations beyond international borders. Additionally, the firm plans to use the funds to expand its talent pool and fuel further development. Patrick Meutzner, Founder and Chief Executive Officer, Trengo, has been quoted to state that the company aims to disrupt the business communications platform market. With this funding from the Series A round, Trengo has many more capabilities to fast-track its growth and innovation to help businesses, he says, adding that the Trengo platform raises the standard for team collaboration and excellent consumer service worldwide. As per reliable sources, last year, the technology-driven omnichannel communicatio...