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Lucid Software Announces New Intelligent Capabilities to Enhance Team Collaboration

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SOUTH JORDAN, Utah, June 4, 2024 /PRNewswire/ — Lucid Software, the leader in visual collaboration software, today announced new intelligent product capabilities aimed at helping teams uplevel coordination and alignment. With effective teamwork being pivotal to organizational success, these enhancements streamline workflows to drive efficiency, innovation and desired outcomes.

“As teams continue to explore ways to strengthen hybrid collaboration and elevate their tech stack, our patent-backed intelligence platform empowers all users to see and build the future with confidence and efficiency,” said Dave Grow, CEO of Lucid Software. “These latest capabilities, focused on improving cross-collaboration, enable teams to align quicker and make decisions with confidence by creating comprehensive team experiences that seamlessly integrate with and improve their already existing workflows.”

The introduction of team hubs provides a one-stop shop for all team-related needs. Relevant projects, workflows and documents, along with team ownership and status updates, are easily accessible to ensure information is streamlined and everyone is aligned. For example, when teams start new cross-functional projects, they can add contributors to the team hub so they have access to the right documentation throughout the duration of the project. Users can also easily include additional team members in the middle of projects, automatically giving them access to all of the important information and updates they need to get up to speed.

“We recently completed a survey exploring the primary challenges encountered by employees in hybrid team settings. An overwhelming 75% of respondents identified ineffective communication and collaboration as the main obstacles to innovation, leading 41% of project teams to struggle with alignment,” said Dave Grow, CEO of Lucid Software. “Additionally, the data reveals that many are struggling to locate project resources, face confusion over task ownership, and lack a clear way to visualize project status and team members. It’s clear teams are striving for ways to improve working together, and team hubs will be a dynamic, centralized space for people to gather, strategize, align and make informed decisions faster.”

In addition to team hubs, Lucid announced AI-powered diagram generation in Lucidchart, with the ability to not only auto-generate diagrams but also then iterate on those diagrams through typing prompts. Furthermore, Lucid also announced impressive new functionality with Microsoft Copilot, giving users the ability to seamlessly retrieve Lucid documents, plus get an AI-generated summary of a document, saving time and streamlining workflows. More information on Lucid’s rollout of its AI-enhanced collaboration features can be found here.

Further solidifying Lucidchart‘s dominance in the diagramming space, additional new features continue to streamline the diagramming process, allowing users to rapidly create complex diagrams through intuitive tools such as quick shape changes and automatic branching. Lucidchart also now includes quick shape banks and quick actions, which provide users with ready access to essential items like sticky notes and stickers, all integrated directly within the platform.

Whether teams are working together in real time or asynchronously, Lucid provides the most intelligent and comprehensive visual collaboration platform to support workers at every phase of a collaborative process. To learn more about Lucid’s latest capabilities, visit the latest Lately @ Lucid blog.

About Lucid Software
Lucid Software is the leader in visual collaboration, helping teams see and build the future from idea to reality. With its products—Lucidchart, Lucidspark, and Lucidscale—teams can align around a shared vision, clarify complexity, and collaborate visually, no matter where they’re located. Top businesses use Lucid’s products all around the world, including customers such as Google, GE and NBC Universal, and 99% of the Fortune 500. Lucid’s partners include industry leaders such as Google, Atlassian and Microsoft. Since the company’s founding, it has received numerous awards for its products, business and workplace culture. For more information, visit lucid.co.

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SOURCE Lucid Software

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Strong Alliance, Smart Blueprint for New Power Systems | ZOE and Octopus Energy Sign Strategic Cooperation MOU to Co-Develop China’s VPP and Smart Energy Landscape

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26 minutes ago

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August 4, 2026

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LONDON, Aug. 4, 2026 /PRNewswire/ — Shanghai ZOE Energy Storage (ZOE) and global clean energy leader Octopus Energy signed a Strategic Cooperation Memorandum of Understanding (MOU) on July 10, 2026 at Octopus Energy’s UK headquarters. The two parties will integrate local industrial resources with cutting-edge international digital energy technologies. They agree to establish a comprehensive co-operation agreement, with a shared ambition to explore a joint venture in China to build a smart energy and virtual power plant (VPP) ecosystem tailored to the domestic market, setting a new benchmark for Sino-foreign energy digital cooperation.

ZOE Energy Storage is a benchmark VPP service provider in China, holding operational VPP licenses in multiple provinces and has established a provincial-level directly dispatched VPP. ZOE offers end-to-end capabilities covering investment, construction, trading, and operations, building deep local competitive moats through its ecosystem partnerships.

Octopus Energy operates across 27 countries, serving 11 million households and managing £7 billion in renewable energy assets, covering PV, storage, heat pumps, and cross-border VPPs. The company has developed proprietary, field-proven AI forecasting, dynamic pricing, and cloud-edge coordinated dispatch systems—its core algorithms having been validated across multiple markets—giving it mastery over the foundational technologies for global VPP operations.

This partnership achieves deep complementary advantages: ZOE will be responsible for domestic VPP business development, integrated hardware & software deployment, compliant operational management, and localized product services; Octopus Energy will contribute its core algorithms and global operational expertise, adapt technologies to Chinese regulations and driving continuous optimization. A joint working group will conduct feasibility studies, compliance assessments, and commercial planning to advance their comprehensive partnership.

The proposed platform will integrate resources from commercial and industrial users, industrial parks, distributed PV, energy storage, and EV charging infrastructure, to build a one-stop intelligent VPP operation system adapted to domestic grid rules. Through fine-grained dispatch, it will enhance returns on distributed assets, smooth renewable fluctuations, and underpin new-type power systems.

Both parties stated that this cooperation marks a strategically significant milestone in cross-border energy technology innovation and synergistic transformation. Looking ahead, they will continue to deepen partnership through co-innovation and market expansion, unlocking distributed energy value with digital technologies, blending international expertise with local practice, and advancing China’s dual-carbon goals while leading the smart energy industry upgrade.

View original content:https://www.prnewswire.co.uk/news-releases/strong-alliance-smart-blueprint-for-new-power-systems–zoe-and-octopus-energy-sign-strategic-cooperation-mou-to-co-develop-chinas-vpp-and-smart-energy-landscape-302842143.html

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PCG Global Closes Pre-Series A to Capture Southeast Asia’s Fast-Growing Power Demand

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26 minutes ago

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August 4, 2026

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GUANGZHOU, China and SINGAPORE, Aug. 4, 2026 /PRNewswire/ — PCG Global, a clean energy platform focused on renewable energy infrastructure, has announced the closing of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonisation globally.

The company was founded in Singapore by the team behind PCG Power, one of China’s leading distributed energy operators, with more than 2GW of operational assets. PCG Global draws on this track record to replicate a full-cycle “development–construction–operation–asset securitisation–reinvestment” model across international markets. It currently has approximately 1.8GW of projects in various stages of development, spanning distributed solar, utility-scale plants, behind-the-meter storage and smart energy management, with a full-lifecycle offering from financing and development through to operations and carbon management.

Proceeds from PCG Global’s first external capital raise will be deployed to accelerate project origination and execution across Southeast Asia, Oceania and the Middle East, where net-zero commitments and rising power demand are driving rapid growth for renewables. The company already has its first operational project in Indonesia and is advancing utility-scale opportunities in the region.

Li Wenxuan, Chairman and CEO of PCG Power, said: “This round reflects institutional confidence in our ability to translate proven distributed energy capabilities into high-quality outcomes beyond China. We look forward to delivering lasting impact across our target markets.”

Kimberly Tan, Head of Investments at GenZero, said: “The PCG team has demonstrated strong capabilities across capital management, project development and operational execution. We believe they are well-positioned to expand globally, particularly in regions with significant demand for clean and resilient energy infrastructure.”

Headquartered in Singapore, PCG Global operates under independent governance with dozens of professionals and development teams spanning its target markets.

About PCG Global

PCG Global is a Singapore-headquartered clean energy platform focused on the investment, development and operation of renewable energy infrastructure across international markets. The company delivers integrated energy solutions spanning solar generation, energy storage and smart energy management, with a full-lifecycle approach from project financing through to carbon asset management.

About GenZero

GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, it seeks to deliver positive climate impact alongside long-term sustainable financial returns by investing in scalable solutions.

Media Contacts:

PCG Global – Public Relations: pr@pcgglobal.com  GenZero – Michelle Tan: michelletan@genzero.co  

 

View original content:https://www.prnewswire.com/apac/news-releases/pcg-global-closes-pre-series-a-to-capture-southeast-asias-fast-growing-power-demand-302842067.html

SOURCE PCG Global

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PCG Global Closes Pre-Series A to Tap into Oceania’s Accelerating Renewable Capacity Expansion

Published

26 minutes ago

on

August 4, 2026

By

GUANGZHOU, China and SINGAPORE, Aug. 4, 2026 /PRNewswire/ — PCG Global, a clean energy platform focused on renewable energy infrastructure, has announced the closing of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonisation globally.

The company was founded in Singapore by the team behind PCG Power, one of China’s leading distributed energy operators, with more than 2GW of operational assets. PCG Global draws on this track record to replicate a full-cycle “development–construction–operation–asset securitisation–reinvestment” model across international markets. It currently has approximately 1.8GW of projects in various stages of development, spanning distributed solar, utility-scale plants, behind-the-meter storage and smart energy management, with a full-lifecycle offering from financing and development through to operations and carbon management.

Proceeds from PCG Global’s first external capital raise will be deployed to accelerate project origination and execution across Southeast Asia, Oceania and the Middle East, where net-zero commitments and rising power demand are driving rapid growth for renewables. The company already has its first operational project in Indonesia and is advancing utility-scale opportunities in the region.

Li Wenxuan, Chairman and CEO of PCG Power, said: “This round reflects institutional confidence in our ability to translate proven distributed energy capabilities into high-quality outcomes beyond China. We look forward to delivering lasting impact across our target markets.”

Kimberly Tan, Head of Investments at GenZero, said: “The PCG team has demonstrated strong capabilities across capital management, project development and operational execution. We believe they are well-positioned to expand globally, particularly in regions with significant demand for clean and resilient energy infrastructure.”

Headquartered in Singapore, PCG Global operates under independent governance with dozens of professionals and development teams spanning its target markets.

About PCG Global

PCG Global is a Singapore-headquartered clean energy platform focused on the investment, development and operation of renewable energy infrastructure across international markets. The company delivers integrated energy solutions spanning solar generation, energy storage and smart energy management, with a full-lifecycle approach from project financing through to carbon asset management.

About GenZero

GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, it seeks to deliver positive climate impact alongside long-term sustainable financial returns by investing in scalable solutions.

Media Contacts:

PCG Global – Public Relations: pr@pcgglobal.com  GenZero – Michelle Tan: michelletan@genzero.co  

View original content:https://www.prnewswire.com/apac/news-releases/pcg-global-closes-pre-series-a-to-tap-into-oceanias-accelerating-renewable-capacity-expansion-302842127.html

SOURCE PCG Global

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