Category: Business Wire

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Alto Announces Closing of $45M Series B Financing

New Funding to Support Market Expansion, Electrification of Vehicle Fleet DALLAS–(BUSINESS WIRE)–Alto, a leader in ride-hailing and private transportation currently operating in Dallas, Houston, and Los Angeles, has announced the successful completion of a $45M Series B financing — the company’s largest round of funding and infusion of capital to date. Alto is the first […]

Onset Financial Funds $30M in Transportation

DRAPER, Utah.–(BUSINESS WIRE)–With an immediate cash flow concern on the line for an industry-best provider of transportation and trucking solutions – Onset Financial was able to quickly fund $30M in tractors and over-the-road equipment for them. Onset’s ability to meet the transportation company’s tight timeframe has given the lessee the assets necessary to generate significantly […]

Advent Technologies Announces Membership in German Intelligent Mobility Association

BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“) today announced its membership in ITS mobility, the largest competence cluster for intelligent mobility in Germany. The U.S. corporation develops cutting-edge technologies allowing for an “Any Fuel. Anywhere.” option in which Advent’s high-temperature fuel cells are not limited to exclusively using hydrogen as a fuel source as […]

Pro-competitive CN-KCS Combination Gains Even More Support from Key Stakeholders

Customers, suppliers, elected officials and other stakeholders sent nearly 200 additional letters underscoring benefits of CN and KCS combination, bringing total to well over 1,650 Congressman Sam Graves (R-MO) along with top elected leaders in Louisiana file letters in support of CN-KCS voting trust MONTREAL & KANSAS CITY, Mo.–(BUSINESS WIRE)–CN (TSX: CNR) (NYSE: CNI) and […]

New Cloud Security Alliance Research Evaluates Hyperledger Fabric 2.0 Security, Provides Guidance Mapped to NIST Cybersecurity Framework

Report and checklist provide data compromise mitigation strategies for financial services industry SEATTLE–(BUSINESS WIRE)–The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today released the Hyperledger Fabric 2.0 Architecture Security Report and accompanying Security Controls Checklist, the latest research […]

XL Fleet Added to Membership of Russell 3000® and U.S. Small Cap Russell 2000® Indexes

BOSTON–(BUSINESS WIRE)–XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a leader in fleet electrification solutions, today announced that the Company has been added to the Russell 3000® Index and the U.S. Small Cap Russell 2000® Index effective after the U.S. markets open on June 28, 2021. The annual Russell indexes reconstitution captures the […]

Commercial EV Company Electric Last Mile Solutions to Debut on Nasdaq Today

– Electric Last Mile Solutions Begins Trading on Nasdaq Today After Completing Business Combination with Forum Merger III Corporation – ELMS Positioned to Redefine Last Mile Industry as a Public Company – The ELMS Urban Delivery is Anticipated to be the First Class 1 Commercial Electric Vehicle in the U.S. with Production Scheduled for Later […]