<div>
  <ul>
    <li>
      <p>
        SentinelOne, a threat detection and response company, has entered into an agreement to acquire identity threat detection and response (ITDR) startup Attivo Networks for USD 616.5 million. The acquisition is expected to close in SentinelOne&rsquo;s Q2 FY2023.
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        SentinelOne will integrate Attivo Networks&rsquo; capabilities into its Singularity extended detection and response (XDR) solution to provide autonomous protection. This includes ITDR, identity infrastructure assessment, and identity cyber deception to protect endpoint, cloud workloads, IoT devices, mobile, and data against identity compromise, lateral movement attacks, credential theft, data cloaking, and more. This acquisition will add to SentinelOne&rsquo;s gross margin and expand its total addressable market (TAM) by USD 4 billion in the critical identity security category.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.sentinelone.com/press/sentinelone-to-acquire-attivo-networks-bringing-identity-to-xdr/">
      Company press release
    </a>
  </p>
  <p>
    <a href="https://techcrunch.com/2022/03/16/sentinelone-scoops-up-attivo-networks-for-617m/">
      TechCrunch
    </a>
  </p>
  <p>
    <a href="https://www.zdnet.com/article/sentinelone-acquires-attivo-networks-for-identity-based-threat-detection/">
      ZDNet
    </a>
  </p>
  <p>
    <a href="https://www.msspalert.com/cybersecurity-news/sentinelone-acquires-attivo-networks-xdr-and-identity-security-converge/">
      MSSP Alert
    </a>
  </p>
</div>


Next-gen Cybersecurity

SentinelOne acquires Attivo Networks for USD 617 million

Using online platforms, autonomy, electric and fuel-cell tech solutions to shape the future of trucking.

Truck Industry Tech

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 <p>Daimler Truck has collaborated with Torc Robotics, its self-driving trucking subsidiary, to introduce Daimler Truck's first autonomous, battery electric (BEV) Freightliner eCascadia truck. This truck incorporates the autonomous driving software of Torc Robotics and Level 4 sensor and computing technology which enables Level 4 autonomous driving, meaning the vehicles can operate fully autonomously in certain locations or conditions.</p>
 <p>While this technology is still in the research and development phase, it possesses the capability to develop into a scalable, versatile platform for various trucking uses.&nbsp;</p>
</div> <p><b>Analyst QuickTake:<br>
</b> The new autonomous applications of Freightliner eCascadia trucks would enable the product to expand its BEV customer base. As of <a href="https:<br>
//sp-edge.com/updates/29126"> April 2024 </a> ,&nbsp;Daimler’s Freightliner eCascadia trucks and medium-duty eM2 trucks are operational in over 50 fleets across the US.&nbsp;</p>

Daimler unveils autonomous battery electric 'Freightliner eCascadia' trucks

The innovative cost dynamics of serverless computing allow more customers onto the cloud without breaking the bank.

Serverless Computing

<div>

<p>RunPod, a serverless GPU computing cloud platform, has generated USD 20 million in seed funding. The funding round included prominent participants like Intel Capital and Dell Technologies Capital, as well as Julien Chaummond, Nat Friedman, and Adam Lewis.</p>
<p>This funding will be directed towards enhancing the experience for developers and initiating new partnerships and integrations. The intent is to provide clients a robust foundation for developing custom AI models.</p>

</div>

RunPod raises USD 20 million in seed funding to enhance user experience

<div>
 <p>CrowdStrike, the AI cybersecurity firm, recently unveiled Falcon Next-Gen SIEM, an advanced security information and event management platform. This updated platform is designed to effectively combat contemporary cyber threats.</p>
 <p>The revamped tool features GenAI and workflow automation for facilitating automated detection, investigation, response, and threat hunting procedures. Additionally, its rapid data ingestion feature aids in consolidating the detection and response mechanism, and it provides enriched incident information as well as response tools.</p>
 <p>Apart from these, CrowdStrike also announced that it has integrated with more than 500 third-party data sources, some of which include AWS, Cloudflare, Cribl, ExtraHop, Okta, Rubrik, and Zscaler.</p>
</div>

CrowdStrike announces updates to SIEM platform; expands integrations

Clean, congestion-free air travel gets liftoff

Passenger eVTOL Aircraft

<div>
 
 <p>Archer Aviation, an eVTOL aircraft manufacturer listed on NYSE, has formed a partnership with India-based InterGlobe Enterprises. Their aim is to introduce flying taxi services in India.</p>
 <p>InterGlobe has committed to a USD 1 billion agreement for the procurement of as many as 200 Archer's Midnight eVTOLs. The launch, planned across various Indian cities, is scheduled for 2026. Through this partnership, Archer anticipates branching into India and the UAE, specifically targeting the Delhi- National Capital Region (NCR) as the inaugural location for these services in India. The two companies contemplate a joint endeavor to build vertiports, inclusive of charging facilities, and also to provide pilot training.</p>
 
</div>

Archer partners with InterGlobe Enterprises to launch flying taxi services in India

<div>
 
 <p>Manta Aircraft, an Italian company specializing in the development and engineering of eVTOLs, has joined forces with Khalifa University of Science and Technology in Abu Dhabi. Their aim is to develop innovative flight systems for the ANN eV/STOL (vertical and short take-off and landing) Aircraft.</p>
 <p>This collaboration is part of a multi-year program designed to produce a new range of aircraft suitable for urban and regional air mobility (UAM/RAM). The key focus areas of this partnership will be sense-and-avoid (SAA) technologies, guidance, navigation, control (GNC), and human-machine interface and interactions (HMI2) for the Manta-ANN aircraft platform.</p> 
 
</div>

Manta Aircraft partners with Khalifa University to develop innovative flight systems for eV/STOL aircraft

Incorporating technology to improve efficiency and success rate of clinical trials

Clinical Trial Technology

<div>
 
 <p>Acclinate, a digital health company specializing in diversifying clinical trials, has successfully secured USD 17 million in a Series A funding round led by Cencora Ventures, with other investors' participation. This funding round brings the total capital raised by Acclinate to USD 23.5 million.</p>
 <p>The funds will be utilized to amplify the company’s mission of improving health equity and diversity in clinical trials.</p>
 <p>The company operates a community platform that assists healthcare organizations and pharmaceutical firms in their efforts to diversify clinical trials. The platform utilizes digital engagement tools and educational resources to increase participation from varied ethnic and racial groups. Acclinate's strategy leverages targeted outreach and advanced analytics to connect with underrepresented communities, supporting biotech and pharmaceutical firms in meeting their diversity targets within clinical trials.</p>
 
</div>

Acclinate raises USD 17 million in Series A funding to improve clinical trial diversity

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

<div>
 
 <p>Eavor, a Canadian geothermal energy startup, and Isar Loisach Naturwärme (ILN), a subsidiary of the municipal utilities of Geretsried, signed a heat supply contract to provide clean energy to the region's district heating network.</p>
 <p>The company will deliver up to 81,200 MWh/a of heat to ILN. The ILN heating network is set to have six expansion stages beginning in 2025/2026.</p>
 
</div>

Eavor signs heat supply contract with Isar Loisach Naturwärme

Empowering sustainable food innovation through food engineering tech

Novel Foods

<div>
 <p>Calysta, a cellular agriculture company, is collaborating with German pet food manufacturer Dr. Clauder's to produce dog treats using FeedKindPet. This product is an air protein-based ingredient used in pet food.</p>
 <p>The purpose of this partnership is to launch the first-ever dog treats made from FeedKindPet. This product is a nutrient-rich, vegan protein source with all necessary amino acids that dogs require. Moreover, FeedKindPet promotes a healthy gut and is approved for use in the EU and US.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> FeedKind, Calysta's flagship offering, is made using a patented fermentation technology without animal or plant products. It was initially developed for aquaculture and livestock industries and received GRAS (Generally Recognized as Safe) status in <a href="https:<br>
//calysta.com/feedkind-protein-wins-fda-gras-status-for-use-in-aquaculture/"> February 2023 </a> . The FeedKindPet range aims to meet the demands of health and nutritional standards in pet foods while maintaining sustainability.</p>

Calysta partners with Dr. Clauder’s to launch dog treats made with FeedKindPet protein

Making meat sustainable over the long term.

Cell-cultured Meat

<div>
 <p>Israeli biotech company, ProFuse Technology, has been awarded EUR 2.4 million (~USD 2.6 million) from the European Innovation Council's Transition program. This recognizes ProFuse's innovative work in the field of cultivated meat.</p>
 <p>The company plans to use the grant to further develop its muscle cultivation technology. This includes increasing production, gaining safety regulation approvals, and increasing industry partnerships.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> Over the years, the company has developed several noteworthy products that enhance the production of cultivated meats. In <a href="https:<br>
//sp-edge.com/updates/22182"> September 2023 </a> , it unveiled a new scaffolding 3D growth technology that allows cultivated meat production within 48 hours. Following this, in <a href="https:<br>
//sp-edge.com/updates/26354"> February 2024 </a> , ProFuse launched the PROFUSE-B8 cell line, which aims to help cultivated meat producers establish scalable, repeatable, and cost-competitive production processes without using genetic modification technology.</p>

ProFuse Technology awarded EUR 2.4 million in grant funding for contributions to cultivated meat field

A booming food and beverage segment with a history as rich and varied as its present-day product offerings.

Plant-based Dairy & Egg

<div>
 <p>The Singapore-based biotech company TurtleTree has teamed up with Cadence Cold Brew from the US to launch Cadence Performance Coffee, an espresso drink with performance-enhancing attributes. Their target market is athletes.</p>
 <p>The espresso drink utilizes TurtleTree’s LF+, which is the first lactoferrin that is animal-free globally. Lactoferrin offers several health benefits including iron regulation as well as immune and gut health. It also counteracts the adverse effects of caffeine on the absorption of iron and zinc.&nbsp;</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> LF+ was launched in <a href="https:<br>
//sp-edge.com/updates/17178"> March 2023 </a> and has since achieved <a href="https:<br>
//sp-edge.com/updates/24323"> self-affirmed GRAS </a> (Generally Recognized As Safe) status and <a href="https:<br>
//sp-edge.com/updates/26638"> vegan certification </a> . This partnership showcases the applications of lactoferrin beyond infant nutrition, which accounts for approximately 60% of global lactoferrin supply allocation.</p>

All Updates