Welcome to the Q1 edition of EU Business News, a quarterly publication designed to showcase the latest updates and insights from across the European Union. In this issue, we discover more about a firm’s passion for innovation and a company’s recent partnership to enhance its customer success programme.
Tidy Planet, an organic waste expert, recently expanded its globally-acclaimed range of Rocket Composters, with the creation of the B1400 – a machine specially-commissioned for its French distributor, Les Alchimistes’ large-scale composting project in the middle of the River Seine. The latest addition allows the company to maximise its ability to collect more food waste, with minimal handling and space requirements.
In other news, Hailo, who are developers of a proprietary processing architecture for deep learning on edge devices, have recently expanded its Series A funding round to $21 million. Glory Ventures led the investment-round expansion and was joined by existing and other new investors. The investment will enable the company to expand its target markets into China and Hong Kong, complementing its existing markets in Europe, North America, Japan and Korea.
In this month’s issue, we discover more about Vi TECHNOLOGY, a fully-owned subsidiary of Mycronic, based in France. Recently, we profiled the firm and caught up with Olivier Pirou who provided us with a detailed insight into the innerworkings of this dynamic company.
The team here at EU Business, we sincerely hope that you enjoy that you receive a reading this insightful issue and look forward to hearing from you.