Connect with us

Technology

Global VC Firm Cathay Innovation Launches C.Lab to Advise Corporations on Open Transformation in AI Era

Published

on

New strategic advisory arm out of San Francisco bridges international corporations with cutting-edge startups and technology players from Silicon Valley and other global tech hubs

SAN FRANCISCO, Dec. 2, 2024 /PRNewswire/ — Global venture capital firm Cathay Innovation today announced the launch of C.Lab, a new strategic advisory arm dedicated to bridging the world’s leading corporations to open innovation in Silicon Valley and other global tech ecosystems. The open innovation lab is led by Matthieu Soulé and Arnaud Auger, who joined Cathay Innovation from BNP Paribas, where they spent the last decade advising large corporate clients from around the globe on their innovation and business strategies from San Francisco.

C.Lab’s mission is to support corporations in driving new business activities and innovation — for long-term growth, resilience, and the sustainable transformation of their organizations. It aims to help corporate executives shape their innovation strategies, while understanding and navigating the latest technology trends and biggest opportunities across industries.

“In the AI era, the focus has shifted from disruption to transformation, making it mission critical for startups and large corporations to form deeper collaborations,” said Denis Barrier, Co-Founder of Cathay Innovation. “We’ve always taken an ecosystem approach in our venture capital practice, connecting startups to our strategic industry partners for mutual growth and opportunities. C.Lab represents a natural progression, expanding our services and value to corporations — recognizing that both sides of the ecosystem are absolutely essential for true transformation.”

The launch comes as AI continues to reshape industries and traditional business models, with Silicon Valley recognized as the epicenter of this transformation. As the home of large tech giants and the AI capital of the world, attracting $117B of venture capital funding for AI startups since 2014 (three times of all of Europe in the same period per pitchbook data), the San Francisco Bay Area drives innovation crucial for industry competitiveness. As AI advances rapidly, corporations outside this hub face an urgent need to adopt new technologies and best practices or risk falling behind.

C.Lab offers a range of advisory services, including:

Tech Startup & Partner Scouting: identifying key relevant startups or technology players to partner with, invest in, or acquire pending business needsStrategic Studies : Deep dive on new business opportunities and go-to-market strategies for new products and servicesBusiness Development & Operational Support: immersive experiences testing new technologies, meeting relevant startups and industry players addressing top priorities of executive committees and board members to accelerate and transform their business. The team will also leverage Cathay Innovation’s existing VC platform to operationally catalyze strategic partnerships between corporates and startupsInsight Webcast: executive insights breaking down analysis of key trends and business implications

“Corporations are increasingly looking to transform their organizations with the help of external partners and emerging startups— open innovation, or rather open transformation, is accelerating through partnerships, joint ventures, alliances with peers, minority investments, and M&A,” said Matthieu Soulé, Head of C.Lab at Cathay Innovation. “The challenge comes down to access to the best players and the lack of a holistic view of technology trends beyond the industry in which they operate. With the addition of C.Lab to Cathay’s existing global investment practice, we aim to bridge this gap and be the hub where international corporations meet startups and innovation from Silicon Valley and beyond.”

Based out of Cathay Innovation’s existing San Francisco office, the C.Lab team will work with corporations from Europe, North America, Asia and Latin America in the fields of financial services, healthcare, energy, mobility, real estate, retail, luxury and more. The advisory group complements Cathay Innovation’s multi-stage venture capital practice, which will continue to invest in startups transforming industries and society across the world.

About Cathay Innovation
Founded in Paris in 2015, Cathay Innovation is a multistage venture capital firm affiliated with Cathay Capital, investing in founders building transformative businesses across Europe, North America, Asia, Latin America and Africa. Its platform connects founders with investors and its ecosystem of leading Fortune500 corporations to help startups scale and transform industries with consumer to enterprise and AI solutions in commerce, fintech, digital health and mobility/energy. Cathay Innovation now manages over €2.5B AUM with offices in Paris, Berlin, Madrid, San Francisco, Mexico City, Shanghai and Singapore and has invested in over 100 startups including Chime, Pinduoduo, Glovo, Wallbox, Owkin, Ledger, ZenBusiness, Alma, Descartes Underwriting and more.

To learn more, visit us at www.cathayinnovation.com or follow us on LinkedIn.

CONTACT: Michael Celiceo, michaelc@codepr.com

View original content:https://www.prnewswire.com/news-releases/global-vc-firm-cathay-innovation-launches-clab-to-advise-corporations-on-open-transformation-in-ai-era-302319880.html

SOURCE Cathay Innovation

Continue Reading

Technology

Systech Launches New All-in-One Pharma Packaging and Serialization Stations

Published

on

By

DOWNERS GROVE, Ill., Oct. 20, 2026 /PRNewswire/ — Systech, part of Markem-Imaje and Dover and a leading provider of pharmaceutical serialization and traceability solutions, today announced the launch of two new integrated packaging solutions designed to help pharmaceutical manufacturers and contract development and manufacturing organizations (CDMOs) increase automation, improve operational efficiency and enhance production flexibility.

The new ST15S Semi-Automated Serialization and Aggregation Station and ST16P Multi-Aggregation and Automated Label Print & Apply Station operate seamlessly with industry-leading UniSeries® software, integrating critical packaging, serialization, aggregation and labeling functions into compact, easy-to-deploy systems. By consolidating multiple processes within a single station, these systems help manufacturers reduce complexity, optimize labor resources and improve packaging productivity without requiring significant line modifications or facility expansion.

“Packaging operations today are under constant pressure to increase output, maintain compliance and do more with constrained labor and facility resources,” said Steve Engdahl, Vice President of Product at Systech. “The ST15S and ST16P were developed to help manufacturers automate critical packaging processes without introducing additional complexity. By bringing serialization, aggregation, rework and labeling capabilities together within integrated systems, customers can streamline workflows, reduce manual intervention and improve operational efficiency.”

The ST15S Semi-Automated Serialization and Aggregation Station combines semi-automated serialization, manual case aggregation, pallet aggregation and rework capabilities within a single workstation. Functions that traditionally require multiple stations for printing, inspection, aggregation and rework can now be performed through a unified system managed from one interface. By reducing operator handoffs and consolidating workflows, the ST15S helps minimize product handling and simplify day-to-day packaging activities.

The ST16P Multi-Aggregation and Automated Label Print & Apply Station combines semi-automated Pack-by-Layer aggregation with automated label printing and application in a single ergonomic platform. By integrating multiple aggregation processes and automating label management, the system helps teams reduce manual intervention, improve consistency, and perform aggregation activities more efficiently while supporting compliance requirements.

“Our product strategy begins with understanding the day-to-day challenges packaging teams face on the production floor,” continued Engdahl. “Those insights guide us toward opportunities where automation can reduce complexity and strengthen overall packaging performance. The ST15S and ST16P reflect that customer-driven approach by delivering practical automation solutions that help manufacturers enhance productivity while remaining adaptable to changing production requirements.”

Available now, these new systems expand Systech’s integrated packaging, serialization and traceability portfolio. Built on proven Systech platforms, the ST15S and ST16P can be deployed as part of an existing Systech-managed line or alongside third-party equipment already in place, avoiding the cost and disruption of a complete line redesign. By bringing greater automation to established packaging environments, the systems help manufacturers optimize workflows, protect existing technology investments and add advanced packaging capabilities.

About Systech:

Systech is a trusted provider of pharmaceutical track and trace solutions, bringing more than 40 years of expertise from the packaging line to the broader supply chain. Built on deep line-level experience, its integrated hardware and proven software solutions help reduce operational friction, improve efficiency, strengthen compliance and protect product integrity. With a perspective shaped by the realities of packaging, serialization, inspection and traceability, Systech partners with manufacturers of all sizes to build connected, modern supply chains that drive productivity and operational excellence. Systech is a leading brand of Markem-Imaje and a part of Dover Corporation. Visit www.systechone.com for further information.

About Markem-Imaje:

Markem-Imaje, a wholly owned subsidiary of Dover Corporation, connects products and protects brands through intelligent identification, traceability and consumer engagement solutions. We offer the industry’s most comprehensive range of marking and coding systems seamlessly integrated with trusted software, services and consumables. Over 50,000 customers worldwide partner with us to help them unlock the power of information in codes. With decades of proven expertise provided through the most extensive global network, we empower our customers to optimize supply chain efficiencies, achieve sustainability and compliance objectives, keep products safe and engage their consumers. This is intelligence, beyond the mark. Visit www.markem-imaje.com for further information.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $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 70 years, our team of approximately 24,000 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.” Additional information is available at dovercorporation.com.

Systech Contact:
Lou Ann Hodges
(609) 395-8400
pr@systechone.com

Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com

Dover Investor Contact:
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/systech-launches-new-all-in-one-pharma-packaging-and-serialization-stations-302914327.html

SOURCE Dover

Continue Reading

Technology

Hagerty to Report Third Quarter 2026 Results and Host Conference Call on Tuesday, November 3, 2026

Published

on

By

TRAVERSE CITY, Mich., Oct. 20, 2026 /PRNewswire/ — Hagerty, Inc. (NYSE: HGTY), a business that makes it easier and more enjoyable to be a driving enthusiast, today announced it will report its third quarter 2026 financial results before the market opens on Tuesday, November 3, 2026.

Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty’s investor relations website at investor.hagerty.com. To dial-in for the conference call, please register using the link found here to receive your unique dial-in and PIN.

A webcast replay of the call will be available at investor.hagerty.com following the call.

About Hagerty, Inc. (NYSE: HGTY)
Hagerty is a company built by drivers for drivers, protecting 3.0 million vehicles in the United States, Canada and the UK. We make it easier and more enjoyable for enthusiasts to drive and celebrate the machines they love through innovative insurance products, live and digital auctions, engaging media and events, and the Hagerty Drivers Club, the world’s largest membership community of car lovers.

For more information, please visit www.hagerty.com or www.newsroom.hagerty.com. 

Category: Financial

Source: Hagerty

View original content to download multimedia:https://www.prnewswire.com/news-releases/hagerty-to-report-third-quarter-2026-results-and-host-conference-call-on-tuesday-november-3-2026-302913291.html

SOURCE Hagerty

Continue Reading

Technology

LendingTree, Inc. to Report Third Quarter 2026 Earnings on November 3, 2026

Published

on

By

CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ — LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation’s leading online financial services marketplace, today announced that it will release fiscal third quarter 2026 results after market close on Tuesday, November 3, 2026.  The company will also post a letter to shareholders on the Company’s website at investors.lendingtree.com.

The Company will hold its earnings conference call at 4:30 p.m. ET to discuss the release, which will be simultaneously webcast via the Company’s website at investors.lendingtree.com.  The webcast replay will be available following the event.

About LendingTree, Inc.

LendingTree, Inc. is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, “LendingTree”).

LendingTree (NASDAQ: TREE) is one of the nation’s largest, most experienced online financial platforms, created to give consumers the power to win financially.  LendingTree provides customers with access to the best offers on loans, credit cards, insurance and more through its network of over 770 financial partners.  Since its founding, LendingTree has helped millions of customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of innovative products and tools and personalized financial recommendations, LendingTree helps customers achieve everyday financial wins.

LendingTree, Inc. is headquartered in Charlotte, NC. For more information, please visit www.lendingtree.com.

INVESTOR RELATIONS:
investors@lendingtree.com

MEDIA RELATIONS:
press@lendingtree.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/lendingtree-inc-to-report-third-quarter-2026-earnings-on-november-3-2026-302914505.html

SOURCE LendingTree, Inc.

Continue Reading

Trending