Connect with us

Technology

Lesaffre strengthens its Research, Development & Innovation (RD&I) with the acquisition of Altar, a company owned by Ginkgo Bioworks

Published

5 hours ago

on

MARCQ-EN-BARŒUL, France, Oct. 7, 2024 /PRNewswire/ — Lesaffre, a key global player in the field of fermentation and microorganisms, announces the acquisition of Altar, a French start-up specializing in Adaptive Laboratory Evolution (ALE). Created in 2017, Altar will complement Lesaffre’s existing know-how and technologies to boost the Group’s capacity of innovation in fermentation and microorganisms.

Altar is a French biotech company founded in 2017, specialized in Adaptive Laboratory Evolution. The company developed in the last years a technology enabling the continuous, uninterrupted cultivation of microorganisms’ cultures under controlled conditions to select strains with specific properties, for as long as required. The start-up offers access to its technology, platform and associated know-how through collaborative projects or research services. Thanks to the high maturity of their approach of ALE, Altar has a high degree of precision and control over their technology, which is directly linked to the team’s know-how and the R&D assets they developed.

“At Lesaffre, we are driven by an unwavering belief in the infinite possibilities of fermentation,” says Brice-Audren Riché, CEO of Lesaffre. “Powered by the incredible potential of microorganisms, we see fermentation as a transformative solution to nourish a growing global population in a safer, healthier, and more sustainable way. As a leader in bioengineering and bioprocesses, we naturally place research, development, and innovation at the heart of our success. Our strong commitment to R&D reflects our mission to better nourish and protect our planet. In recent years, this dedication has only intensified, as evidenced by our strategic investments. First, we established the Lesaffre Campus — a state-of-the-art hub designed to accelerate innovation leveraging the latest architectural and technological advancements. Additionally, we have bolstered our R&D capabilities through the strategic acquisition of three companies specializing in fermentation research over the past three years.”

This deal includes Lesaffre’s integration of Altar’s team, its know-how and the machines designed and used by the teams daily. This technology, mastered by its users for years now, is a real asset for Lesaffre, complementing its existing range of technologies. The deal has been closed at the end of September 2024.

A state-of-the-art technology that complements Lesaffre’s know-how

This acquisition of skills and know-how complements the existing technologies of the Lesaffre Institute of Science and Technology (LIST) and is part of its strategy to invest more and more in its RD&I equipment to best meet the needs of the Group’s customers. Thanks to this technology, Lesaffre will be able to offer its clients more complex strains and improve the high quality of their products.

“At Lesaffre, we are convinced that today’s RD&I are the products of tomorrow. By investing today in our innovation capabilities, we give our research and development experts the means to develop healthier, more sustainable products that best meet the needs of our customers. We are very pleased to welcome the Altar team to Lesaffre and to be able to join forces to build the solutions of tomorrow together,” says Christine M’Rini, Chief RD&I Officer at Lesaffre. 

Based in Evry (Ile-de-France) within Genopole, the first French Biocluster dedicated to biotechnology, Altar’s 14 employees are integrated within Lesaffre Institute of Science and Technology, the RD&I department of Lesaffre. They constitute a real force for the Group, which relies on their knowledge and expertise of this technology to push the boundaries of innovation further.

“Lesaffre’s acquisition of Altar, our French subsidiary, allows Ginkgo to refocus strategically, while enabling Lesaffre to go even further in innovating and responding to the major challenges of tomorrow. We are excited to maintain our access to this powerful technology, developed and scaled by the Altar team on Ginkgo’s platform, which nicely complements Lesaffre’s know-how in the field of microorganisms. We are very grateful to our employees joining Lesaffre and look forward to continuing working with them for long into the future,” says Ena Cratsenburg, Chief Business Officer at Ginkgo Bioworks.

ABOUT LESAFFRE

A key global player in fermentation for more than a century, Lesaffre, with a 3 billion euros turnover, and established on all continents, counts 11,000 employees and 96 nationalities. On the strength of this experience and diversity, we work with customers, partners and researchers to find ever more relevant answers to the needs of food, health, naturalness and respect for our environment. Thus, every day, we explore and reveal the infinite potential of microorganisms.

To nourish 9 billion people, in a healthy way, in 2050 by making the most of our planet’s resources is a major and unprecedented issue. We believe that fermentation is one of the most promising answers to this challenge.

Lesaffre – Working together to better nourish and protect the planet

More information on www.lesaffre.com
Join us in conversation on LinkedIn and on Twitter

Press contact:
press@lesaffre.com 

Logo – https://mma.prnewswire.com/media/1893479/Lesaffre_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/lesaffre-strengthens-its-research-development–innovation-rdi-with-the-acquisition-of-altar-a-company-owned-by-ginkgo-bioworks-302268641.html

SOURCE Lesaffre

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Ricky Power Joins Stoch Analytics as Chief Growth Officer

Published

15 mins ago

on

October 7, 2024

By

NEW YORK, Oct. 7, 2024 /PRNewswire/ — Stoch Analytics Limited, a software company based in Ireland, today announced that Ricky Power has joined the company as its Chief Growth Officer. In his new role, Mr. Power will lead the company’s sales, marketing, and business development activities.

“Stoch Analytics has an amazing team and a fantastic set of products,” said Chris Stiefeling, CEO and cofounder of Stoch Analytics. “Ricky joins us at the perfect time in our journey and will help us to unlock the incredible potential of what we have built. Ricky knows the actuarial market exceedingly well and fully appreciates the value and cost savings that we can deliver to life insurers around the world.”

Stoch Analytics develops, sells, and supports high-performance stochastic modeling solutions for the life insurance industry. These solutions include the company’s flagship Atlas software suite used for pricing, valuation and projection of insurance asset and liability portfolios. Atlas is well known for running 100 to 200 times faster than many competing products and is licensed by some of the world’s largest insurance companies. The company acquired the Atlas software suite from Oliver Wyman in 2023.

Mr. Power formerly led AXIS actuarial software sales globally at Moody’s Analytics. His focus for over a decade has been helping life insurers to find the best solutions for their actuarial modelling, financial reporting and scenario generation needs.

“The Stoch Analytics team have a long and rich history providing best of breed actuarial solutions. They have continuously modernized as they developed so customers can benefit from continuous improvement in features and functionality while enjoying unrivalled raw compute power and calculation speed,” said Ricky Power, Chief Growth Officer of Stoch Analytics. “I am very excited to join the team to support our growing customer base.”

About Stoch Analytics Limited

At Stoch Analytics, we deliver industry-leading modeling solutions to help life insurers navigate the stochastic world. Our flagship Atlas actuarial modeling suite has been in production at top insurers around the globe for more than 20 years. Formerly part of Oliver Wyman, we opened a new chapter by establishing Stoch Analytics in 2023, enabling us to focus on providing software and services for actuarial and risk management applications. For more information, visit www.stochanalytics.com.

Media Contact:
inquiries@stochanalytics.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ricky-power-joins-stoch-analytics-as-chief-growth-officer-302268731.html

SOURCE Stoch Analytics Limited

Continue Reading

Technology

CobbleStone Software’s Highly-Anticipated User Conference Is Only Days Away

Published

15 mins ago

on

October 7, 2024

By

The 2024 CobbleStone Software user conference is taking place next week in vibrant Las Vegas.

PRINCETON, N.J., Oct. 7, 2024 /PRNewswire-PRWeb/ — CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – continues its tradition of hosting an immersive and educational conference event from October 16th to the 18th.

“Attendees will have a great time networking with like-minded individuals within the contract management space, and we look forward to hosting and educating about the vast benefits of efficient AI powered CLM solutions,” – Bradford Jones, VP of Sales and Marketing at CobbleStone

Attendees can expect a powerful conference packed with industry speakers, an exciting agenda, interactive workshops, and much more. Surrounded by contract management and procurement leaders, innovators, and experts, attendees will be exposed to great networking opportunities. With a high number of registrants, CobbleStone® is prepared to maintain its successful user conference track record by engaging with CobbleStone Contract Insight® users and prospective users next week.

While the conference will take place from Wednesday, October 16th to Friday, October 18th, prospective users have registered for a one-day-only complimentary contract management conference on Thursday, October 17th.

Some conference highlights will include:

Thought leadershipNetworking opportunitiesInteractive sessionsCLE sessionsExciting keynote speakerAnd much more

To view the full conference agenda, click here.

“We are very excited that attendees are days away from witnessing the immersive and thought-provoking conference. Attendees will have a great time networking with like-minded individuals within the contract management space, and we look forward to hosting and educating about the vast benefits of efficient AI powered CLM solutions,” says Bradford Jones, VP of Sales and Marketing at CobbleStone Software.

Contact CobbleStone Software for a free demo.

For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.

About CobbleStone Software:

CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone’s contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.

Follow CobbleStone Software on social media:

LinkedInXFacebookYouTube

To stay up to date on contract lifecycle management industry trends and news, subscribe to CobbleStone’s Contract Insights blog.

Media Contact

Simran Bains, CobbleStone Software, 866-330-0056, Marketing@CobbleStoneSoftware.com, https://www.cobblestonesoftware.com/ 

Twitter

View original content to download multimedia:https://www.prweb.com/releases/cobblestone-softwares-highly-anticipated-user-conference-is-only-days-away-302267547.html

SOURCE CobbleStone Software

Continue Reading

Technology

aelf and Gaia Hosted Hello [AI], Bringing Together AI and Blockchain Innovators at TOKEN2049 Week

Published

15 mins ago

on

October 7, 2024

By

aelf’s AI-themed event kicked off Singapore’s TOKEN2049 week, paving the way for the future of AI-blockchain integration

SINGAPORE, Oct. 7, 2024 /PRNewswire/ — aelf, a leading AI-enhanced Layer 1 blockchain network, hosted Hello [AI] on 16 September 2024, with co-host Gaia. The event successfully kicked off Singapore’s TOKEN2049 week, attracting a capacity crowd of AI and blockchain enthusiasts, industry experts, and Web3 innovators at SKAI Loft, Swissôtel. Attendees included AI and blockchain enthusiasts, developers, industry experts, and Web3 leaders, looking to explore the fusion of AI and blockchain.

Supported by Google Cloud and Microsoft, and featuring partners such as Asia Blockchain Gaming Alliance (ABGA), NEAR, Plug and Play, Sapien, and SchellingAI, Hello [AI] underscored the growing synergy between AI and blockchain. The event provided a vibrant platform for discussion, thought leadership, and networking, signalling the critical role blockchain technologies will play in the future of digital innovation.

Advancing the AI-Blockchain Dialogue

At the heart of Hello [AI] was a focus on AI and blockchain integration. Brian Liang, COO of aelf, delivered the keynote, sharing aelf’s vision of an AI-enhanced blockchain ecosystem.

He emphasised the importance of community engagement in shaping this future and highlighted key developments from aelf’s Whitepaper v2. This includes aelf’s recent successful deployment of AI-powered audits for smart contracts and the integration of machine learning for smart contract optimisation. Liang also revealed upcoming developments, such as the rollout of aelf’s AI oracle and the use of natural language processing (NLP) to simplify smart contract creation.

Panel Discussion: AI-Powered Blockchain Application

A lively panel discussion moderated by Khaniff Lau, Business Development Director at aelf, featured key figures exploring the future of AI-enhanced blockchain applications. Panellists included Sydney Lai, Head of Developer Advocacy at Gaia; Steve Shirkey, Director of Azure AI for ANZ, ASEAN, and Korea at Microsoft; Chris May, Head of Global Sales at Sapien; and CC Chen, AI Blockchain Expert at Google Cloud.

The panel explored the potential of AI-powered blockchain applications, delving into real-world use cases and addressing challenges such as AI hallucinations. The panellists shared insights on improving the integration of AI in decentralised applications, enhancing interoperability between AI and blockchain systems, and overcoming technical barriers to adoption.

Fireside Chat: Can AI Become Truly Decentralised?

In a thought-provoking fireside chat moderated by Khaniff Lau, Emad Mostaque, Founder of Schelling AI, and Luki Song, Head of Ecosystem & Strategy at Chainbase, explored the potential for AI to not just exist within decentralised systems, but to actively function in a fully decentralized manner.

This discussion highlighted blockchain’s capacity to address key concerns around data ethics, trust in algorithms, and the infrastructure necessary to support decentralised AI, while offering insights into how decentralisation could reshape the AI landscape.

Interactive On-Chain Entertainment and Engagement

Beyond discussions, Hello [AI] offered on-chain, hands-on experiences. Attendees gamified their event participation by voting for music genres via TMRWDAO‘s Votigram bot on Telegram, weaving decentralisation into entertainment. Guests also collected Crypto Boxes, with rewards in the form of $ELF tokens, and $SGR tokens from Project Schrodinger, the world’s first AI-powered 404 NFT collection. These elements showcased blockchain’s ability to seamlessly integrate into real-world experiences and provide tangible rewards through decentralised technologies.

aelf’s Vision for a Decentralised, AI-Enhanced Future

Hello [AI] kickstarted this year’s TOKEN2049 and signified aelf’s pivotal role in advancing decentralised AI and blockchain technologies. The success of Hello [AI] sets the stage for aelf’s role as a pioneer in AI and blockchain convergence. “We are excited by the collective brilliance and shared vision within our community,” said Brian Liang. “As we continue to evolve, we invite more innovators to help us shape the future of Web3.” As aelf continues to lead the way in AI-blockchain integration, Hello [AI] underscored the network’s commitment to building a decentralised, AI-enhanced future for the global Web3 ecosystem.

Stay updated on aelf’s news and engage with the aelf community on:

Website: https://aelf.com 

Telegram: https://t.me/aelfblockchain  

Discord: https://discord.gg/aelfblockchain

About aelf

aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and remains dedicated to advancing Web3 and AI technology adoption.

For more information about aelf, please refer to our Whitepaper V2.0: https://docs.aelf.com/resources/whitepaper-2/ 

About Gaia

Gaia is a pioneering decentralized AI platform dedicated to transforming knowledge into a dynamic, secure, and collaborative ecosystem. By bridging the gap between centralized AI solutions and open-source models, Gaia offers a unique network of living knowledge organisms that adapt and grow continuously. Our platform empowers knowledge holders to protect and monetize their intellectual property while enabling developers to build innovative, smarter applications on top of a secure, evolving foundation. With a commitment to privacy, adaptability, and collaboration, Gaia is redefining the future of AI, making knowledge a vibrant, protected, and accessible resource for all.

Disclaimer: The information provided in this press announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. aelf makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or reliability of the information provided in this press announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrency involve inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this press announcement, you agree to indemnify and hold aelf, its officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in connection with your use of the information. aelf reserves all rights not expressly granted in this press announcement.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aelf-and-gaia-hosted-hello-ai-bringing-together-ai-and-blockchain-innovators-at-token2049-week-302268834.html

SOURCE aelf

Continue Reading

Trending