ALTAIR ANNOUNCES INSPIRE PRINT3D SIMULATION SOFTWARE FOR METAL 3D PRINTING

3dprintingindustry.com | November 26, 2019

ALTAIR ANNOUNCES INSPIRE PRINT3D SIMULATION SOFTWARE FOR METAL 3D PRINTING
New software tools designed to enhance 3D printing technology, and particularly AI-based software, were a key theme during formnext 2019.Inspire Print3D from Altair is a “fast and accurate toolset to design and simulate the manufacturing process for selective laser melting (SLM) parts.Developed by the Solidthinking division of the multinational IT company, Inspire Print3D is the company’s lastest simulation tool It allows designers and engineers to use a thermo-mechanical approach to generate designs then modify and evaluate by adjusting process variables.

Spotlight

Industry 4.0 introduces the smart factory, in which cyber-physical systems monitor the physical processes of the factory and make decentralized decisions. The physical systems become the Internet of Things, communicating and cooperating both with each other and with humans in real time via the wireless web.

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Else Provides U.S. Launch and Production Update on Retail

prnewswire | December 21, 2020

Else Provides U.S. Retail Launch and Production Update Else Provides U.S. Retail Launch and Production Update The Company dispatched its Else Plant-Based Complete Nutrition for Toddlers in mid-August of this current year on elsenutrition.com, trailed by a dispatch on Amazon.com in late September, where it turned into the #1 on Amazon's top rated up and coming deliveries in Baby and Toddler Formula classification. The Company is glad to refresh that Customer input is overwhelmingly sure with elevated level of fulfillment with item quality and impact on kids. The company has sloped up its creation intends to satisfy need in 2021. With the assistance of a few retail handles, Else has just recorded its item with five (5) common food retail chains, with a sum of 380 stores. In November, Else got the principal buy orders from KeHE Distributors, and transported item to the initial five dissemination habitats initiated by KeHE for Else across the U.S., expecting to have item on retail retires for the coming Christmas season. Item was dispatched to KeHE's Distribution Centers , and will be delivered to retail chains during the following 90 days to accommodate request. Production: The company commenced on its fourth commercial assembling run since July this year, and keeps on building stock to support the on the web and retail development in the U.S. market. "We continue to refine our manufacturing process to consistently produce high quality, easily dissolved and tasty product," said Ms. Hamutal Yitzhak, CEO and Co-Founder of Else. "Having a consistent, high quality, efficient and scalable manufacturing process is a critical pillar of our business and future success," she added. About Else Nutrition Holdings Inc. Else Nutrition GH Ltd. is an Israel-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the "2017 Best Health and Diet Solutions" award at the Global Food Innovation Summit in Milan. The holding company, Else Nutrition Holdings Inc., is a publicly traded company, listed as TSX Venture Exchange under the trading symbol BABY and is quoted on the US OTC Markets QX board under the trading symbol BABYF and on the Frankfurt Exchange under the symbol 0YL. Else's Executives includes leaders hailing from leading infant nutrition companies. Many of Else advisory board members had past executive roles in companies such as Mead Johnson, Abbott Nutrition, Plum Organics and leading infant nutrition Societies, and some of them currently serve in different roles in leading medical centers and academic institutes such as Boston Children's Hospital, Pediatrics at Harvard Medical School, USA, Tel Aviv University, Schneider Children's Medical Center of Israel, Rambam Medical Center and Technion, Israel and University Hospital Brussels, Belgium.

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Matroid Leverages New Funding to Accelerate Product Development and Market Expansion in Manufacturing, IIOT

Matroid | October 14, 2020

Matroid, the main U.S. PC vision (CV) supplier and a world chief in AI, today reported it has brought $20 million up in Series B financing drove by Energize Ventures with cooperation from existing speculators New Enterprise Associates (NEA), Intel Capital, and others. The new financing carries absolute subsidizing to $33.5 million. Expanding on the undertaking achievement of its item, Matroid plans to use the new subsidizing to quicken item advancement and go-to-showcase extension in assembling, mechanical IOT (IIOT), and video security markets. Inside assembling and IIOT, Energize's corporate financial specialists incorporate General Electric, Schneider Electric, Caterpillar, Invenergy, and others. Programming characterized sensors that work on symbolism caught by ordinary cameras are rapidly turning into the zenith sensor. Sensors are basic for some ventures, government offices, and public wellbeing associations. In any case, an assortment of variables have restricted the extent of arrangements, including the intricacy, corner-cases, and preparing costs related with building video and AI pipelines of adequate throughput, in a way where an organization can occur in minutes, rather than months. The Matroid item empowers non-programming associations in big business to tackle the intensity of programming characterized sensors. Established in 2016 by Stanford architects and teachers with elite ability in AI, AI, and PC Vision, Matroid opens the guarantee of programming characterized sensors through unequaled convenience in the whole sending lifecycle. “Enterprises have tasted the value that software-defined sensors can provide, but are also feeling the pain of rolling out a conventional computer vision team,” said Reza Zadeh, CEO and Founder of Matroid. “Deployments of CV are constrained by Machine Learning engineering time, operator training time, camera interoperability, scaling AI computations, and the difficulty of iterating on neural networks performing important tasks like detailed inspection. With the Matroid product, we set a new standard for ease of use in deploying sensors. With this funding we are excited to take the next steps to bring software-defined sensors to manufacturing and industrial IOT enterprises.” “Reza and the Matroid team are building a world-class platform that marries the expertise of engineers and operators with next-generation computer vision technologies and machine learning algorithms,” said John Tough, Managing Partner of Energize Ventures. “The Energize team is excited to deploy our financial, operational and industry capital to help Matroid capture market share in energy, industrials and IoT.” “As the renewable sector continues to grow, we must be on the forefront of new innovations and tools to push us into the future — new digital technologies like Matroid will expedite the energy transition,” said Michael Polsky, Founder and CEO of Invenergy. Invenergy is a leading privately held, global developer and operator of sustainable energy solutions, and currently uses video data captured from drones to analyze the state of its wind turbines and other renewable energy sites. About Matroid: Matroid is an easy-to-use and intuitive studio for creating and deploying detectors (computer vision models) to search visual media for people, behavior, objects, and events -- no programming required. Once a detector is developed, Matroid can search any live stream or recorded video, providing real time notifications when the object of interest has been detected. Customers use Matroid in construction, manufacturing, security, media, retail and other industries. Matroid reduces operating costs associated with manually searching through video footage for an object or a specific person, and increases efficiency, safety, and regulatory compliance. Matroid can be deployed in the cloud or on-premise. About Energize: Energize Ventures is a pre-growth venture capital firm located in Chicago. We partner with entrepreneurs to advance the next generation of energy and industry by investing in software and business model innovations. Since it was founded in 2016, Energize has made 14 investments spanning cybersecurity, mobility, data analytics, operational efficiency and distributed assets.

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Generational Equity Advises Sale of Its Client, R.G. Custom Manufacturing to a Private Investor

Generational Equity | July 23, 2020

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, R.G. Custom Manufacturing Inc., to a private investment company focused on making manufacturing industry acquisitions. The acquisition closed April 16, 2020 and details were not disclosed. R.G. Custom Manufacturing, located in Cambridge, Ontario, Canada was founded in 1990 and specializes in custom precision machining; taking on more complicated work that generates higher margins and less competition. The company is ISO certified and one of the strengths of the business is the apprenticeship training the owner provides and which helps retain good expertise and stable employees. Generational Equity Executive Managing Director M&A East, David Fergusson and his team, led by Senior Managing Director of M&A, Mike Hammer with support from VP Corey Painter, successfully closed the deal. Senior Managing Director, David Robinson established the initial relationship with R.G Custom Manufacturing.

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Spotlight

Industry 4.0 introduces the smart factory, in which cyber-physical systems monitor the physical processes of the factory and make decentralized decisions. The physical systems become the Internet of Things, communicating and cooperating both with each other and with humans in real time via the wireless web.