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Proteine Resources secures €1.36 million in funding to accelerate the insect revolution in CEE

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KRAKÓW, Poland, Oct. 9, 2024 /PRNewswire/ — Proteine Resources, a Polish innovative biotech company revolutionizing the animal nutrition market through sustainable and autonomous production of insect protein, has raised €1.36 million from SMOK Ventures and Bitspiration Booster VC, bringing its total funding to €1.8 million. The company targets a goal of achieving €62 million in annual revenue from insect protein sales by 2030.

The firm has developed a scalable production technology and an operational pilot line, planning to launch construction of its first factory in 2025 near sources of insect feed. With global protein demand projected to rise by 60% by 2050, Proteine Resources aims to address the challenges of sustainable protein production for both animal feed and human consumption.

Co-CEO Bartłomiej Roszkowski emphasizes the company’s commitment to climate neutrality and the reduction of greenhouse gases. His partner, Konrad Włodarczyk, brings 15 years of expertise in autonomous production technology. Their approach results in insects containing nearly 70% protein, 3–5 times more essential amino acids than competing products, unsaturated fatty acids and a quick rearing cycle of just four weeks, using a proprietary feeding system based on agri-food by-products.

Company’s innovations also include patented multispectral analysis technology, allowing real-time monitoring of insect health and quality. This level of automation enables large-scale breeding while ensuring consistent product quality and enhancing efficiency. Insect protein has many applications and can revolutionize the animal feed and pet food markets, providing a nutritious alternative that is both sustainable and eco-friendly.

Investors see significant scalability potential in Proteine Resources’ model, with SMOK Ventures and Bitspiration Booster VC recognizing the market opportunity driven by rising climate awareness. Its strategy involves developing a franchise system for modular factories located near feed sources, aiming to establish a global network of autonomous breeding units managed by advanced AI algorithms.

By 2030, Proteine Resources targets €62 million in annual sales and expects its first revenues in 2026. To meet strong demand, the company is already securing pre-orders for its products, allowing it to operate with 80% of its production capacity reserved for customers, leaving the remaining 20% as a buffer.

This innovative approach positions Proteine Resources as a leader in the future of sustainable protein production, addressing both ecological needs and market demands. The potential impact on food security and environmental sustainability makes the company’s vision crucial in the context of global challenges.

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42com Launches New ISP and LEO Satellite Infrastructure Services in Italy

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42com has expanded its portfolio with new services, through the acquisition of assets from Milano Teleport Srl. Some of the new offerings include 24/7 NOC support for LEO, VSAT, 5G, and IoT technologies.

LONDON, Oct. 9, 2024 /PRNewswire/ — 42com, a global leader in the telecom industry, is proud to announce the expansion of its service offerings, through the acquisition of assets from Milano Teleport Srl. As a result, the company has now become an authorized internet service provider in Italy, establishing multiple Points of Presence (POPs) throughout the country, enabling it to deliver reliable and high-speed internet services across the region. This empowers the company to solidify its position as a comprehensive provider of advanced telecommunications solutions.

 

Furthermore, 42com now benefits from a 24/7 Network Operations Center (NOC) to support specialized services in VSAT, Low Earth Orbit (LEO) Satellites, 5G, and IoT technologies. This strategic move is designed to enhance connectivity solutions for governments, defence sectors, and enterprise clients, both locally and internationally.

Building on its expertise, 42com is now positioned as a builder and operator of end-to-end LEO Satellite infrastructure, serving clients domestically in Italy as well as on an international scale. Additionally, the company has entered the market as a reseller of LEO Satellite devices.

‘These new capabilities empower 42com to meet the growing demand for secure, efficient, and scalable satellite-based telecom solutions. This allows us to uphold our commitment to our motto: 42com – the ultimate answer to the telecom industry’s challenges and needs,’ said Alberto, CEO of 42com.

The expansion stems from a successful tender process that began in May 2024 and concluded in early October, positioning 42com as a key player in critical telecom infrastructure. The company’s services, which now also include satellite internet solutions, Direct Inward Dialing (DID), and continuous 24/7 NOC services, are set to be delivered through 42com’s robust network of partners.

This new array of offerings transforms 42com into a one-stop-shop for niche telecom solutions, providing unparalleled service delivery and operational efficiency to customers worldwide. With its holistic approach, the company is at the forefront of solving modern communications challenges, from building and operating distributed teleports to supporting high-end telecom operations.

 

About 42com
42com is a global telecommunications provider specializing in voice/SMS termination, DID, internet, satellite services, and comprehensive 24/7 NOC solutions. Through its robust network of partners, 42com delivers innovative solutions that support telecommunications infrastructure and connectivity across the globe.

www.42com.com

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View original content:https://www.prnewswire.co.uk/news-releases/42com-launches-new-isp-and-leo-satellite-infrastructure-services-in-italy-302270590.html

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BioCorteX Unveils Critical Bacteria Interactions in ADC Cancer Treatment, Enabled by Google Cloud

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LONDON, Oct. 9, 2024 /PRNewswire/ — BioCorteX, a leading biotech innovator, today formally announced a breakthrough in the field of Antibody-Drug Conjugates (ADCs) for cancer treatment, achieved by leveraging Google Cloud technology. Through its advanced ‘Unified Biology’ approach, cutting-edge technology, and the power of Google Cloud’s scalable infrastructure, BioCorteX has discovered a crucial link between the tumour microenvironment and ADC efficacy, potentially transforming the landscape of personalised cancer therapy.

As described by BioCorteX, ADCs have shown immense promise in targeted cancer treatment, but their effectiveness has been hampered by a lack of understanding of why they fail in many patients. BioCorteX’s research, enabled by Google Cloud’s technology, has uncovered a critical piece of the puzzle: the interaction between bacteria residing within tumours and ADCs. This discovery could significantly improve the success rate of clinical trials and lead to more effective treatments for a wider range of patients.

“BioCorteX’s groundbreaking research has the potential to revolutionise ADC development and cancer treatment,” said Dr Nik Sharma, BioCorteX, CEO. “By leveraging our ”Unified Biology’ approach, powerful technology platform, and Google Cloud’s scalable infrastructure, we are uncovering the hidden complexities of cancer biology and paving the way for more precise and effective therapies.”

BioCorteX’s ‘Unified Biology’ approach integrates vast amounts of biological data, enabling a comprehensive understanding of the complex interactions within the tumour microenvironment. This approach, combined with the company’s advanced Carbon Knowledge™ and Carbon Mirror™ technologies, and Google Cloud’s ability to process massive datasets rapidly and efficiently, allows for faster and more accurate insights.

Carbon Knowledge™ is an extraordinarily large biology-based knowledge graph with over 3bn nodes and 16bn edges, stored on BigQuery. Carbon Mirror™ is a foundational emulator, which builds on Carbon Knowledge™ to uncover hidden interactions between bacteria, human physiology, diseases, and drugs.

Adrian Poole, Director, Digital Natives UKI, Google Cloud said: “Cancer, a complex and multifaceted disease, remains one of the most formidable challenges in modern medicine. We are proud to support BioCorteX’s groundbreaking research with the power of Google Cloud’s infrastructure. This collaboration exemplifies the potential of cloud computing and advanced analytics to accelerate scientific discovery and transform the field of medicine.”

BioCorteX’s research using these technologies has been recognized with prestigious awards, including the American Society of Clinical Oncology (ASCO) award, and is attracting significant attention from the scientific and medical communities. The company is actively collaborating with leading pharmaceutical companies, research institutions, and technology partners like Google Cloud to further develop and apply its discoveries to the development of next-generation ADC therapies.

With its revolutionary approach, discoveries, and collaborations with technology companies like Google Cloud, BioCorteX is poised to lead the way in personalized cancer treatment and make a significant impact on the lives of patients worldwide.

About BioCorteX
BioCorteX is a pioneering biotech company dedicated to transforming drug discovery and development through its innovative ‘Unified Biology’ approach and advanced technology platform. By leveraging cutting-edge data analytics, machine learning, and the power of Google Cloud, BioCorteX is unlocking the hidden complexities of disease biology and accelerating the development of more effective and personalized therapies.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/biocortex-unveils-critical-bacteria-interactions-in-adc-cancer-treatment-enabled-by-google-cloud-302270040.html

SOURCE Google Cloud

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Launch of Happiest Minds’ Secureline360, a packaged Managed Detection & Response service offering powered by Generative AI

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SAN JOSE, Calif. and LONDON and BENGALURU, India, Oct. 9, 2024 /PRNewswire/ — Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile, Mindful IT Company announced today the launch of Happiest Minds’ Secureline360, a cutting-edge solution designed to streamline incident response and provide real-time visibility to organizations across industries.

Powered by AI-driven advanced threat detection, Happiest Minds’ Secureline360 delivers unmatched speed and precision in identifying and responding to cyber threats. By leveraging the proprietary SecAiGenie platform, Happiest Minds’ Secureline360 enables organizations to address even the most complex and unprecedented security incidents at 3X the speed of traditional remediation processes, ensuring no threat goes unresolved.

Ram Mohan, CEO of Infrastructure Management & Security Services (IMSS), Happiest Minds, said, “Secureline360 represents a pivotal advancement in our mission to empower organizations with next-generation cybersecurity solutions. By harnessing the power of AI, we significantly enhance threat detection and streamline incident response, ensuring organizations remain resilient and secure in today’s increasingly complex threat landscape. Since Secureline360 provides comprehensive and 24×7 detection and response, our customers can be at peace that their environment is protected and secure.” 

Priya Kanduri, CTO of Infrastructure Management & Security Services (IMSS) and Head of Security Services, said, “Happiest Minds’ Secureline360 solution offers more than just a service—it empowers organizations with a crucial capability to remain resilient in today’s high-risk landscape. By combining AI-driven detection with rapid incident response, Secureline360 delivers real-time visibility and advanced threat intelligence, enabling businesses to strengthen their security posture, reduce disruptions, and protect their most critical assets.”

As part of its commitment to innovation, Happiest Minds’ Secureline360 offers seamless integration, enabling organizations to proactively defend against advanced cyber-attacks while maintaining business continuity.

Learn more about Happiest Minds’ Secureline360.

About Happiest Minds Technologies

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency, and actionable insights. We do this by leveraging a spectrum of disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc. Positioned as ‘Born Digital. Born Agile’, our capabilities span Product & Digital Engineering Services (PDES), Generative AI Business Services (GBS), and Infrastructure Management & Security Services (IMSS). We deliver these services across industry groups: Banking, Financial Services & Insurance (BFSI), EdTech, Healthcare & Life Sciences, Hi-Tech and Media & Entertainment, Industrial, Manufacturing, Energy & Utilities, Retail, CPG, & Logistics. The company has been recognized for its excellence in Corporate Governance practices by Golden Peacock and ICSI. A Great Place to Work Certified™ company, Happiest Minds is headquartered in Bengaluru, India, with operations in the U.S., UK, Canada, Australia, and the Middle East. 

Media Contact: media@happiestminds.com

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SOURCE Happiest Minds Technologies Limited

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