Jazeera Paints | June 13, 2022
Jazeera Paints, the leading manufacturer of paints, colors, and construction solutions, held on Wednesday, June 8, 2022, in Hilton Riyadh, its All in One seminar. The seminar highlighted the company's 42-year journey to the groundbreaking achievement it holds today in the industry. All in One is a slogan for the solutions Jazeera Paints, as a company, provides to its valued clients. Products ranging from architectural, decorative, industrial, and marine products to protective paint, wood paint, and fire-resistant paint products, among other unique products. The product range has been carefully designed to meet the needs and expectations of customers when it comes to preference for base paints, pastes, insulation, external textures, and interior paints.
Guests arrived around 6:30 p.m. and were greeted by Jazeera Paints' managers. Government representatives from various Saudi ministries, such as Ministry of Health and Ministry of Sport, delegates from prominent Saudi banks, and renowned Saudi engineers and interior designers were among the attendees. The seminar was well-received by the audience, witnessing the variety of Jazeera Paints' products and the extent to which a local brand can adhere to the highest international standards. The evening's star was Rust Effect, which invited engineers and interior designers to marvel at its breathtaking beauty and uniqueness among the company's other products. The seminar came to an end with a discussion of the Rust Effect, its characteristics, and various applications.
Mr. Abdullah Al-Romaih, CEO of Jazeera Paints, expressed his joy and pride in what the company has accomplished thus far in the paints, colors, and construction solutions industry, exceeding all expectations. The seminar honors the company's and employees' efforts to provide the best and finest products for our valued customers. Jazeera Paints set out to provide high-quality products that meet international standards to the Saudi, GCC, and MENA markets.
About Jazeera Paints
Founded in Riyadh, Saudi Arabia in 1979, Jazeera Paints is a pioneering paint manufacturer in the Gulf Cooperation Council and Middle East and North Africa region, with an established reputation for manufacturing and exporting high-quality and eco-friendly paints. Since the founding of the company, its production capacity has grown to 400,000 tons annually, and Jazeera Paints is now displayed in more than 650 active showrooms!
ROBOTICS AND AUTOMATION
Geek+ | June 02, 2022
Geek+, the global leader in AMR technology, has now successfully deployed its smart logistics technology in 16 countries in Europe. Having recently seen the installation of a Geek+ goods-to-person solution for an e-commerce retailer, Hungary has become the latest European country to benefit from world-leading goods-to-person technology.
Since arriving in Europe in 2019, Geek+ has successfully completed automation and modernization projects with some of the continent's best-known companies. Household names such as ASDA, Leroy Merlin, and DB Schenker have all turned to Geek+ technology to upgrade their logistics and supply chain operations.
Over the course of the past three years, Geek+ Europe has grown by leaps and bounds. The company's European headquarters in Düsseldorf, Germany was originally staffed by a team of three revolving around Geek+ Europe president Jackson Zhang, but is now the home base for over 120 employees. This team offers the full range of Geek+ services including, sales, engineering, solutions innovation, marketing, customer support, and implementation.
Europe has always been a key market for Geek+ and represented a unique and exciting challenge. I'm very proud of the team we have built here and everything that they have achieved. Having successful projects in 16 countries in three years is a testament to their hard work."
Jackson Zhang,Geek+ Europe president
Geek+ today offers a full range of warehouse solutions developed through years of research and hands-on experience. These include world-leading goods-to-person mobile robots for retail, e-commerce, and apparel logistics; parcel sorting robots used by major couriers and postal services; and high-density storage solutions for racks and pallets.
Geek+'s success has not gone unnoticed. The company's solutions have been awarded several awards in recognition of the advances in innovation that they represent. Geek+'s RoboShuttle high-density picking solution was awarded the 2021 European Product Design Award in the industrial robot category. At this year's Semaine de l'Innovation du Transport & de la Logistique (SITL) in Paris, the 8-meter tall version of RoboShuttle won over the jury and took home the Innovation Award in the Intralogistics, Robotics, and Automation category.
This week, members of the Geek+ Europe team and senior management will be at LogiMAT, where they will be presenting PopPick, a next-generation goods-to-person solution that represents the culmination of Geek+'s experience and expertise. Visit Booth D51 in Hall 7 to see the solutions and consult with Geek+ experts.
Geek+ is a global technology company leading the intelligent logistics revolution. We apply advanced robotics and AI technologies to realize flexible, reliable, and highly efficient solutions for warehouses and supply chain management. Geek+ is trusted by over 500 global industry leaders and has been recognized as the world leader in autonomous mobile robots. Founded in 2015, Geek+ has over 1500 employees, with offices in Germany, the United Kingdom, the United States, Japan, South Korea, Mainland China, Hong Kong SAR, and Singapore.
Watchmaker Genomics | June 06, 2022
Watchmaker Genomics, a life sciences company specializing in the development of high-stringency applications focused on the reading, writing, and editing of DNA and RNA, announced it had secured $40 million in an oversubscribed Series A, bringing total funding to date to $53.5 million. The round was led by Decheng Capital, with co-investment from Eclipse Ventures.
Founded in 2019, Watchmaker established an enzyme engineering technology platform that leverages recent advances in computational design and directed evolution. The founding team has deep domain expertise in next-generation sequencing (NGS) and clinical oncology assay development and a track record of building successful life science companies, notably Kapa Biosystems, Enzymatics, and ArcherDx. The company launched its first product in 2020 and has since achieved profitability with 175% year-over-year revenue growth. With this Series A round of financing, Watchmaker plans to accelerate investment in its protein engineering platform to deliver a suite of new products that address the demands of clinical sequencing and support emerging applications in single-cell analysis, epigenetics, and cell-free DNA. In addition, the company will expand commercial channels and manufacturing capacity, making these product solutions more broadly accessible to the life science and genomics communities.
"We are thrilled to partner with Watchmaker Genomics as the company enters its next phase of product innovation and commercialization. The experienced team at Watchmaker has already built a strong foundation, and we look forward to supporting their continued growth," said Decheng Capital Partner Victor E. Tong, Jr., who is joining the Watchmaker Board of Directors.
"Watchmaker is developing tools and techniques that will unlock the future of genomics, both in the lab and the clinic. We are excited to partner with this world-class team as they pioneer the new frontier of genomics and ultimately, significantly improve how we treat diseases," said Eclipse Ventures Partner Justin Butler, who will join Watchmaker as a Board Observer.
The additional financing will enable Watchmaker to more quickly scale our organization to meet the explosive demands of the genomics industry and help to further realize our vision of more personalized medicine and improved human health. Decheng Capital is a leading investor in life science and sequencing, and we are excited to have the firm lead our Series A. Watchmaker, Decheng, and Eclipse share a passion for building market-leading, impactful companies, and we welcome Victor and Justin to join us."
Trey Foskett, CEO and Co-Founder of Watchmaker Genomics
This news builds on the company's previously announced collaborations with Twist Biosciences, Element Biosciences, Singular Genomics, and Molecular Loop. Watchmaker will be showcasing its DNA and RNA NGS solutions for clinically relevant sample types and applications at the Advances in Genome Biology and Technology (AGBT) conference from June 6th - 9th in Orlando, FL.
About Watchmaker Genomics
Watchmaker Genomics applies advanced enzymology to enable breakthrough applications for the reading, writing, and editing of DNA and RNA. The company combines domain expertise in protein engineering with large-scale enzyme manufacturing to address the demanding quality, performance, and scale requirements of high-growth clinical genomics applications.
Watchmaker's product portfolio includes enzymes and kits for next-generation sequencing library preparation, synthetic biology, and molecular diagnostics. Based in Boulder, Colorado, the Watchmaker team brings decades of collective experience building successful life science companies, commercializing novel technologies, and advancing clinical genomics applications. Watchmaker partners directly with innovative life science companies, commercial sequencing providers, and pioneering research labs.
About DeCheng Capital
Decheng Capital, founded in 2012, is a leading investment firm providing capital and strategic support to early stage life science companies with revolutionary technologies and growth stage healthcare companies with a strong market presence. We are a group of dedicated professionals with complementary expertise who have outstanding track records of building highly successful companies globally. With over $2 billion in capital under management and support from some of the most prestigious LPs in the world, Decheng is poised to deliver superior returns for our investors and create value for our entrepreneur partners.
About Eclipse Ventures
With over $2 billion in assets under management, 70 portfolio companies, and a team of investors with deep expertise in technology, manufacturing, supply chain, logistics, healthcare and consumer products, Eclipse is one of the US' leading venture capital organizations. Its leadership team has the experience and deep expertise necessary to create and scale complex operations – with partners coming from industry giants, such as Flextronics, Tesla, Apple, Samsara, Intel and GE. Eclipse partners with entrepreneurs boldly transforming the essential industries that define and propel economies.
Dover | July 06, 2022
Dover (NYSE: DOV) announced today that it has completed the previously announced acquisition of Malema Engineering Corporation ("Malema"), which will become part of the PSG business unit within Dover's Pumps & Process Solutions segment.
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV."