Sumitomo Corporation News
3 articles
growth-positive
Israeli intelligence vets raise $20M to track developer buying signals
Israeli startup Onfire has emerged from stealth mode with a $20 million funding round, including a $14 million Series A co-led by Grove Ventures and TLV Partners. The company, founded by alumni of the Israel Defense Forces Unit 8200, uses AI to monitor public forums and identify potential B2B sales leads by analyzing discussions about developer tools. Onfires platform helps sales teams time and contextualize their outreach by layering in data on budget cycles. The startup claims to have facilitated over $50 million in closed deals for its clients since its beta launch. Despite potential privacy concerns due to the founders intelligence backgrounds, the company emphasizes its data-centric approach as a competitive advantage.
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growth-positive
Westin Desaru Coast Resort partners with CAYIN Technology for digital signage
CAYIN Technology has partnered with Westin Desaru Coast Resort in Johor, Malaysia, to enhance guest communication and operational efficiency through the implementation of its CMS-WS server and CAYIN Signage Player. This collaboration involves the use of digital signage to provide real-time updates across 14 Samsung displays in various areas of the resort. The project was executed in partnership with Hola Media, which provided integration services, including installation, design, staff training, and support. The system has improved communication, reduced staff workload, and enhanced the guest experience, preparing the resort for future digital expansion.
Partners
growth-positive
H2Pro to sell hydrogen to Japanese giant Sumitomo in deal estimated at $250 million | CTech
Israeli company H2Pro has signed a strategic agreement with Japanese corporation Sumitomo. The agreement involves building hydrogen production facilities with a capacity of up to 500 megawatts, and is estimated to be worth $250 million until the end of the decade. H2Pro develops technology for green hydrogen production, and the agreement with Sumitomo is seen as a long-term strategic partnership. The companys investors include Bill Gates and the Temasek fund. H2Pro aims to start supplying the facilities in 2025 and plans to achieve serial production by the same year.
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