VESON NAUTICAL AND CARGILL EXPAND LONG-STANDING PARTNERSHIP WITH STRATEGIC TECHNOLOGY AGREEMENT

Cargill expands utilization of Veson’s software and data suite to drive innovation and enhance their customers’ experience

BOSTON, Mass., March 6 (Bernama-GLOBE NEWSWIRE) -- Veson Nautical (Veson), a global leader in maritime data and freight management solutions, and Cargill have expanded their longstanding partnership to accelerate digital transformation in the maritime sector.

The Strategic Technology Agreement provides Cargill’s Ocean Transportation business with a broad range of access to the Veson portfolio, including Veson’s data intelligence capabilities and AI-enabled collaborative workflow solution Shipfix. Building upon their success in utilizing the Veson IMOS Platform, Cargill aims to simplify their technology ecosystem while driving efficiency, sustainability, and innovation across its global shipping operations.

“As Veson has invested in building a comprehensive set of solutions over recent years, we are thrilled for Cargill to benefit, extending our longstanding partnership,” said Sean Riley, Veson’s President and Chief Operating Officer. “The further work we are doing with Cargill highlights one of many ways we are partnering with our clients to propel the maritime industry forward.”

In addition to improving internal efficiencies, a key factor behind the collaboration is Cargill’s desire to provide their customers with an enhanced experience. As part of the strategic partnership, Veson is collaborating with Cargill to offer a customer-focused solution that integrates proprietary data, supplier information, and customer insights, enhancing Cargill and the shipping industry’s ability to make faster, data-driven decisions while enabling compliance with new industry regulations, including the International Maritime Organization and FuelEU initiatives.

“With a shared desire for digital transformation, open collaboration between our teams, and complementary strengths, skills, and focus points, Veson is the perfect partner to expand our relationship with,” said Eric Aboussouan, Strategy and Digitalization Lead for Cargill’s Ocean Transportation business. “They have set the standard for digital transformation in the shipping industry, with their IMOS Platform being the leading solution in the market. This partnership allows us to integrate our systems more seamlessly, providing customers a unified platform that enhances visibility, efficiency, and control over their freight procurement processes.”

To learn more about how Veson and Cargill plan to work together, and how Cargill’s customer experience would be enhanced, read this interview featuring Veson’s Sean Riley and Cargill’s Eric Aboussouan and Patrick Jourdain, Cargill Ocean Transportation Customer Lead.

About Veson Nautical

Veson Nautical empowers the global maritime industry to navigate compounding complexity on all sides of the trade. Multi-jurisdictional regulations, geopolitical disruptions, decarbonization, cybersecurity threats, and more are forcing industry participants to recalibrate their risk tolerance. By combining trusted maritime data with built-for-purpose workflows, Veson gives clients the decision-making confidence to manage risk and maximize profit.

With a heritage of innovation and expertise across all maritime related contracts, Veson serves more than 38,000 users across 2,400 companies in more than 100 countries and is uniquely positioned to enable a decision advantage.

Learn more at www.veson.com.  

About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.

Our approximately 160,000 employees innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With 160 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing—today and for generations to come.

For more information, visit Cargill.com    

Kevin Baxter
Senior PR & Communications Manager
KBaxter@veson.com 
+44 (0) 20233970102

Veson Nautical Press Team
Office +44 (0)20 3397 0102
press@veson.com 

www.Veson.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dfaeea1-2246-4e3c-98ce-ba88cc641aaa 

SOURCE: Veson Nautical

--BERNAMA

Zeitview Raises US$60 Mln To Accelerate Visual AI Platform For Critical Infrastructure

KUALA LUMPUR, March 6 (Bernama) -- Zeitview, the leader in visual artificial intelligence (AI) for critical infrastructure, has announced a capital raise of US$60 million led by Climate Investment, with participation from existing investors. (US$1=RM4.41)

Current investors include Valor Equity Partners, Union Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition Ventures, Hearst Ventures, and Y Combinator.

Zeitview Founder & Chief Executive Officer, Dan Burton in a statement said the funding will allow the company to accelerate its buildout of Visual AI and increase investment in its Insights software platform to support customers across their critical infrastructure assets.

Meanwhile, Climate Investment Managing Director and Head of Growth Equity, Patrick Yip noted the company’s commitment to decarbonisation technologies and how Zeitview’s platform will expand across its existing markets and into new ones, leveraging a global network of investors.

According to a statement, Investment Director at Climate Investment, Mike Bishop will join Zeitview’s Board of Directors.

Zeitview’s software improves inspection times and cost requirements while addressing challenges posed by shortages in skilled labour and increased inspection frequencies.

Unlike solution providers focused on single asset classes, Zeitview’s platform serves multiple critical infrastructure categories, including solar, wind, utilities, properties and telecom, allowing it to be a sole partner for asset owners operating across different sectors.

As global demand for reliable energy, communication and facility infrastructure surges in an increasingly volatile and disaster-prone world, Zeitview is committed to equipping enterprises with visual AI to enhance asset resilience and efficiency.

After more than doubling infrastructure inspections to 200,000 assets across 80 countries in 2024, Zeitview has demonstrated the scale to deliver on the most expansive portfolios of critical infrastructure assets.

-- BERNAMA

DORMER PRAMET UNVEILS HIGH-PERFORMANCE TURNING, MILLING SOLUTIONS

KUALA LUMPUR, March 7 (Bernama) -- Dormer Pramet is expanding its indexable tools portfolio with new high-performance turning and milling solutions aimed at maximising productivity.

Designed for precision, durability, and efficiency, these tools empower manufacturers to go beyond limits in their operations, according to Dormer Pramet in a statement.

“These offerings represent not only our latest technological advancements but also the unified strength of Dormer Pramet as a master brand. This marks the beginning of a new era where our combined expertise delivers innovative, sustainable, and customer-focused solutions,” said its President, Eduardo Martin.

Built to break through performance barriers, the latest tools from Dormer Pramet feature advanced materials, innovative designs, and next-generation coatings, ensuring the reliability and efficiency needed to tackle today’s toughest machining challenges.

Dormer Pramet’s new turning products include the T5415 CVD grade, which is ideal for turning nodular cast iron and ISO H group materials, offering outstanding durability in interrupted cuts and improved wear detection.

The KM chipbreaker, designed for ISO K group materials, delivers smoother and more consistent cuts, providing excellent stability for medium turning applications when paired with the T5415 grade.

Additionally, the GL. S-PM inserts are designed for deep parting-off and grooving of non-ferrous materials and titanium-based superalloys, offering superior wear resistance and an extended tool life.

The new milling innovations from Dormer Pramet include the STD series for shoulder milling, which features versatile triangular inserts and four adaptable cutters offering a flexible and cost-effective solution.

Meanwhile, the SRN series for copy milling is equipped with double-sided round inserts with eight cutting edges, maximising material removal rates and reducing costs by up to 20 per cent for high-performance applications in industries such as aerospace and energy.

A global manufacturer and supplier of tools for the metal cutting industry, Dormer Pramet’s comprehensive product programme encompasses both rotary and indexable drilling, milling, threading and turning tools for use in a wide variety of production environments.

-- BERNAMA

TOSHIBA UNVEILS GATE DRIVER PHOTOCOUPLER WITH ENHANCED SAFETY FUNCTIONS

Toshiba: SiC MOSFET gate driver photocoupler TLP5814H with enhanced safety functions for industrial equipment. (Graphic: Business Wire)

KUALA LUMPUR, March 6 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched a gate driver photocoupler, “TLP5814H”, in a small size SO8L package that incorporates an active Miller clamp function for driving silicon carbide (SiC) MOSFETs.

In circuits such as inverters, where MOSFETs or IGBTs are used in series, gate voltage can be generated by a Miller current when the lower arm is turned off, causing malfunctions such as short circuits in the upper and lower arms.

A commonly used protection function to prevent this is the application of a negative voltage to the gate when it is turned off, according to Toshiba in a statement.

With a built-in active Miller clamp circuit, there is no need for an additional power supply for negative voltage and external active Miller clamp circuits, providing a safety function for the system and also promoting system miniaturisation by reducing the number of external circuits.

The TLP5814H has an operating temperature rating of -40 to 125 degrees Celsius (°C), achieved by enhancing the optical output of the infrared emitting diode on the input side and optimising the design of the photo detector devices (photodiode arrays) to improve optical coupling efficiency.

This makes it suitable for industrial equipment that require strict thermal management, such as photovoltaic (PV) inverters and uninterruptible power supplies. Its propagation delay time and propagation delay skew are also specified in the operating temperature rating range.

A supplier of advanced semiconductor and storage solutions, Toshiba will continue to develop photocoupler products that contribute to enhancing the safety function of industrial equipment.

-- BERNAMA

XSOLLA ENHANCES WEB SHOP WITH KEY UPDATES

Graphic: Xsolla

KUALA LUMPUR, March 6 (Bernama) -- The global leader in video game commerce, Xsolla has introduced significant updates to its industry-leading Web Shop solution to help developers grow their games through direct-to-consumer activations.

The company’s Chief Marketing & Growth Officer, Berkley Egenes said Xsolla’s mission is to simplify the complexities of game commerce and empower developers to grow and expand their monetisation.

“These updates to the Web Shop are a testament to our mission, offering solutions to enable more efficient web shop management and creating more engaging player experiences,” he added in a statement.

Designed to meet the evolving needs of mobile game developers and publishers, these cutting-edge enhancements focus on increasing LTV and building deep player loyalty.

Enhanced personalisation, streamlined integrations, automated regional pricing, and loyalty toolset help develop long-term relationships with users, increasing their lifetime value and driving ongoing engagement.

Users can achieve more than 30 per cent Web Shop LTV growth with a customisable loyalty programme seamlessly integrated into their web shop experience. The Web Shop Loyalty feature set drives repeat purchases, increases payment frequency and extends customer lifespan.

With the increase of more than 13 per cent in payment conversion via automated regional pricing tiers, developers can set automated pricing in US dollars for seamless one-click conversion, dynamically adjusting for taxes and exchange rates.

In addition, they can achieve a 300 per cent plus increase in Web Shop visits with enhanced Progressive Web App (PWA) functionality. Players can add the web shop directly to their mobile home screens for one-click access without repeated logins.

Powering over 500 web shops worldwide across diverse game genres and scales, the Xsolla Web Shop is an essential tool for mobile game developers seeking to extend their monetisation strategies and enhance player engagement.

-- BERNAMA

QUANTEXA SECURES US$175 MLN IN SERIES F FUNDING TO FUEL AI GROWTH, EXPANSION

KUALA LUMPUR, March 6 (Bernama) -- Quantexa, a global leader in Decision Intelligence (DI) solutions, has successfully completed a US$175 million Series F investment round, led by Teachers’ Venture Growth (TVG). (US$1=RM4.41)

According to a statement, the latest round values the British tech company at US$2.6 billion and accelerates its mission to help enterprises and government agencies across multiple markets stay ahead in the race for artificial intelligence (AI)-driven DI.

Quantexa Founder and Chief Executive Officer, Vishal Marria emphasised that the investment demonstrates strong confidence in Quantexa’s vision for AI, as the company works to unlock the full potential of AI by curating trusted data.

Meanwhile, TVG Senior Managing Director and Head in EMEA, Avid Larizadeh Duggan highlighted Quantexa’s innovation in AI-driven decision-making as a key factor in its fit for their portfolio.

TVG, part of the Ontario Teachers' Pension Plan, led the round, with participation from existing investors, including British Patient Capital. TVG Managing Director, Ara Yeromian will join Quantexa’s board as part of the deal, joining other investors such as Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC.

Following this investment round, Quantexa will bolster its platform innovation efforts to elevate experiences for existing clients, create new partnerships and alliances, deepen its presence in North America and pursue selected mergers and acquisitions.

TVG will leverage its expertise in scaling high-growth AI and software companies, along with its extensive network, to support Quantexa’s strategic international expansion and growth plans.

This investment round comes just months after Quantexa achieved Centaur status, joining an elite group of Software as a Service (SaaS) businesses recognised for surpassing US$100 million in annual recurring revenue (ARR).

-- BERNAMA

MAVENIR-TUNE TALK PARTNERSHIP TO REVOLUTIONISE MALAYSIA’S TELCO LANDSCAPE

KUALA LUMPUR, March 5 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has signed a Memorandum of Agreement (MoA) with Tune Talk to provide a cutting-edge Cloud-Native Digital Operations Support System (OSS) and Business Support System (BSS) platform.

According to Mavenir in a statement, the cloud-native OSS/BSS platform is designed to enable Tune Talk to implement self-healing and automatic scaling capabilities, significantly improving operational efficiency.

With zero-touch operations, the platform is designed to streamline network management, reduce downtime, and enhance service reliability. Additionally, artificial intelligence (AI)-driven tools that will revolutionise customer engagement, offering hyper-personalised services tailored to individual subscriber needs.

Mavenir President and Chief Executive Officer (CEO), Pardeep Kohli expressed enthusiasm for the strategic partnership, stating that the company fully supports Tune Talk’s efforts in becoming a cloud mobile network operator.

“Our cloud-native OSS/BSS platform is designed to enable Tune Talk to operate with greater agility, efficiency, and automation, setting a new standard for digital-first telco services in Malaysia and beyond. We look forward to driving this transformation together,” he said.

Meanwhile, Tune Talk Executive Director and CEO, Gurtaj Singh Padda said this partnership with Mavenir marked a significant step in its digital transformation journey.

“By leveraging cloud-native and AI-powered solutions, we are not only optimising our operations but also enhancing our ability to deliver superior and highly personalised services to our customers.”

The announcement was made at Mobile World Congress (MWC) 2025 in Barcelona, reinforcing Tune Talk’s commitment to technological innovation and enhanced customer experience.

The implementation of this next-generation platform is expected to set a new benchmark in Malaysia’s telecommunications industry, in addition to strengthening Malaysia’s position in the global digital economy.

As digital transformation accelerates, the collaboration between Tune Talk and Mavenir is poised to redefine telco service delivery, bringing cutting-edge advancements to Malaysian consumers and the broader industry.

-- BERNAMA