Innovation & Sustainability

Portrait for @jfunez
by @jfunez
2020-12-10T20:00:02+00:00
Business • Innovation & Sustainability
Hyundai Motor acquires Boston Dynamics from SoftBank for almost $1 bn
Hyundai Motor acquires Boston Dynamics from SoftBank for almost $1 bn
Credit: Web Summit / via Wikimedia Commons (Creative Commons Attribution 2.0)

Hyundai Motor Co. is acquiring the US robotics firm Boston Dynamics Inc. from SoftBank Group for slightly less than 1 trillion won ($921 million) and will finalize the acquisition at its Dec. 10 board meeting, according to sources with knowledge of the matter on Dec. 8.

Portrait for @riegeros
by @riegeros
2020-10-10T19:00:02+00:00
Business • Innovation & Sustainability
Cruise ships in Hamburg are allowed to donate food
Cruise ships in Hamburg are allowed to donate food
Credit: unsplash.com / Peter Hansen

The state of Hamburg decided that cruise ships may now donate their leftover food to the Hamburger Tafel. For customs and import law reasons, cruise ships were not allowed to donate food until now, as cruise ships are legally considered "third countries".

While surplus food had to be disposed of in the past, it is now possible both to reduce food waste and to support the distribution of food to those in need.

Portrait for @ericof
by @ericof
2020-08-14T09:00:01+00:00
Business • Innovation & Sustainability
Impossible Foods raises another $200 million in funding
Impossible Foods raises another $200 million in funding
Credit: Impossible Foods

Impossible Foods announced Thursday it has landed an additional $200 million in funding, to a total of $1.5 billion since its founding in 2011. The round was led by Coatue, a technology-focused hedge fund.

The company said it intends to use the funds to expand research and development programs, accelerate manufacturing, increase its retail presence, and develop the next-generation of plant-based products.