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Portal Innovations Raising $100 Million Life Sciences Venture Fund

Portal Innovations Raising $100 Million Life Sciences Venture Fund

Venture firm Portal Innovations is raising a $100 million life sciences fund and helping universities launch startup incubators, as institutions pursue alternatives to federal research funding.
Chicago-based Portal formed in 2020 to invest in geographies it viewed as rich in scientific talent but with limited access to venture-capital funding and specialized lab facilities. Working with real-estate developers, it established Portal labs in Chicago, Atlanta, Houston and a Boston neighborhood outside the city's life sciences cluster.
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Agentic AI Takes Center Stage at Cognite's Global Impact 2025 Conference to Showcase Industrial Value
Agentic AI Takes Center Stage at Cognite's Global Impact 2025 Conference to Showcase Industrial Value

Yahoo

time10 minutes ago

  • Yahoo

Agentic AI Takes Center Stage at Cognite's Global Impact 2025 Conference to Showcase Industrial Value

Featured speakers include Cognite customers ExxonMobil, Koch Ag & Energy Solutions, Idemitsu Kosan, NOVA Chemicals, Aker BP, Cosmo Energy Holdings, Nippon Shokubai, and HMH. Microsoft, SLB, and Radix serve as platinum sponsors. PHOENIX, August 14, 2025--(BUSINESS WIRE)--Cognite, the global leader in industrial AI, announced today its annual conference, Impact 2025, will return to Houston from October 13-16. This year's event will focus on accelerating business value from agentic AI, bringing together AI-driven leaders from the energy, manufacturing, and life sciences sectors. Speakers will share proven strategies for moving from vision to implementation and demonstrating tangible business value with agentic AI solutions. Agentic AI-driven automation is rapidly becoming a requirement for industrial organizations to remain competitive. According to a 2025 report from Capgemini, 82% of organizations are planning to integrate AI agents into their operations by 2027. This surge in adoption is driven by the fact that early adopters are already seeing measurable business value, including 25-40% efficiency gains in automated workflows. "Impact connects innovators to share ideas, learn together, and grow faster," said Josh Dotson, Industry 4.0 Capability Leader, Koch. "In a rapidly changing Industry 4.0 environment, partnerships and knowledge sharing are essential. The connections we make at Impact give us the insights and confidence to accelerate our transformation with more speed and less risk." Following last year's sold-out inaugural conference, Impact is returning with more sessions, networking opportunities, and additional industries. This year's sessions include: Keynote Plenaries and Executive Speakers who will demonstrate how AI is being harnessed to accelerate growth, transform industries, and realize value from digital transformation, including: Karl Johnny Hersvik, CEO of Aker BP Noriko Rzonca, Chief Digital Officer of Cosmo Energy Holdings Sameer Purao, Global CIO & CDO of Celanese Bjørnar Erikstad, General Manager, Foundation VI Breakout Sessions & Workshops delivered primarily by customers to address key themes such as: Agentic AI for Industry: See how industrial organizations are using AI agents to increase operational efficiency and learn what it takes to build and scale trusted AI agents. Driving Business Impact: Separate the AI hype from reality, see how organizations are getting started with agentic AI, and learn how to track the business outcomes of your digital strategy. Achieving Operational Excellence: Explore how AI integration can increase production capacity, enhance operational efficiency, and reduce risk. Leading Innovation: Hear from digital transformation experts about driving organizational change, the future of operations, and new operating paradigms. Building a Scalable, AI-Ready Data Foundation: Discover how to solve the industrial data problem by contextualizing data and how to scale digital initiatives from sites to enterprise. "To truly unleash agentic AI in industrial operations, Cognite has emphasized an AI-ready data foundation and an open ecosystem," said Girish Rishi, CEO, Cognite. "At Cognite, we're building the bridge from AI's potential to proven business value. Join us at Impact 2025 and witness how real-world leaders, customers, and partners are leveraging our leading industrial AI platform to create a more efficient, sustainable, and profitable future." Conference speakers will also illustrate how they are accelerating their journey towards autonomous operations, scaling AI, and gaining more business value by incorporating Cognite Atlas AI™, a no-code workbench for building industrial AI agents. Integrated with the robust data foundation provided by Cognite Data Fusion, Atlas AI makes agentic AI capabilities easily accessible for industrial organizations to use and improve their existing workflows. Space is limited. For more information and to register, please visit Impact 2025. About Cognite Cognite makes GenAI work for industry. Leading energy, manufacturing, and power & renewables enterprises choose Cognite to deliver secure, trustworthy, and real-time data to transform their asset-heavy operations to be safer, more sustainable, and profitable. Cognite provides a user-friendly, secure, and scalable platform that makes it easy for all decision-makers, from the field to remote operations centers, to access and understand complex industrial data, collaborate in real-time, and build a better tomorrow. Visit us at and follow us on LinkedIn and X. View source version on Contacts Media Contact: Michelle Holford, VP of Global 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤

Automotive Wiring Harness Market to Reach US$118.07 Billion by 2033
Automotive Wiring Harness Market to Reach US$118.07 Billion by 2033

Yahoo

time10 minutes ago

  • Yahoo

Automotive Wiring Harness Market to Reach US$118.07 Billion by 2033

Fueled by surging BEV production and complex ADAS integration, the market confronts escalating wiring complexity. This is driving a pivotal shift towards component miniaturization, lightweight aluminum wires, and advanced zonal architectures to manage vehicle weight. Chicago, Aug. 14, 2025 (GLOBE NEWSWIRE) -- The global automotive wiring harness market was valued at US$ 70.48 billion in 2024 and is projected to reach US$ 118.07 billion by 2033, growing at a CAGR of 5.9% during the forecast period 2025–2033. Switch Auto Insurance and Save Today! The Insurance Savings You Expect Great Rates and Award-Winning Service Affordable Auto Insurance, Customized for You The sheer physical scale of wiring harnesses is a primary indicator of the explosive growth in vehicle electronic content. In 2024, the total length of wires in a single high-end passenger vehicle can now reach up to a staggering 5,000 meters, a testament to the ever-increasing number of features and functions. This complexity directly impacts vehicle weight and assembly; the total weight of the wiring harness assembly in some 2024 luxury SUVs can exceed 60 kilograms. The intricacy is not just in length but in connectivity. Request Sample Pages: A typical 2025 vehicle is projected to have over 4,000 individual connection points within its electrical system, creating immense design and manufacturing challenges. The number of separate circuits within a single, complex 2024 vehicle harness can surpass 2,000, each requiring precise routing and protection. By 2025, it is projected that a single vehicle will contain more than 1,500 individual copper wires, while the main chassis harness for a 2024 light-duty truck can contain over 300 distinct electrical channels. This profound escalation in physical metrics underscores a fundamental shift in the automotive wiring harness market, demanding more sophisticated design tools and manufacturing processes. Key Findings in Automotive Wiring Harness Market Market Forecast (2033) US$ 118.07 billion CAGR 5.9% Largest Region (2024) Asia Pacific (47%) By Component Terminals (42%) By Application Chassis Harness (35%) By Electric Vehicle Battery Electric Vehicle (BEV) (68%) Top Drivers Increasing vehicle electrification and adoption of advanced driver-assistance systems. Rising consumer demand for in-vehicle infotainment and connectivity features. Stringent government regulations mandating advanced vehicle safety and emissions tech Top Trends Miniaturizing components like terminals and wires to reduce vehicle weight. Adopting aluminum and optical fiber over traditional copper wiring systems. Shift towards zonal architectures to simplify complexity and data flow. Top Challenges Managing increasing complexity and weight of the wiring harness system. Volatility in raw material prices, especially for copper and plastics. Ensuring signal integrity and mitigating electromagnetic interference in complex systems. Electric Vehicle Surge Creates Unprecedented Demand and Architectural Transformation The global pivot to electric mobility is the single most powerful catalyst reshaping the automotive wiring harness market. The electrical architecture of a Battery Electric Vehicle (BEV) is fundamentally different and vastly more demanding. A 2024 BEV, for instance, requires up to 2,000 additional wiring connections compared to a similar internal combustion engine (ICE) vehicle. This translates directly to increased material and installation complexity. The total length of wiring in a 2025 BEV can be up to 1,000 meters longer than in a comparable 2025 ICE model. Consequently, the weight of the wiring harness in a typical 2024 BEV is now between 70 and 80 kilograms. Specific sub-systems also see a dramatic increase in complexity; a dedicated Battery Management System (BMS) harness in a 2025 EV model can have over 100 sensor connections to monitor cell health. Furthermore, the main battery pack harness for a 2024 EV model must manage and route more than 250 individual cell monitoring wires. To support user convenience, by 2025, EV harnesses will need to accommodate on-board chargers with a power rating of 22 kilowatts for faster home charging. High-Voltage Systems Evolution Is Redefining Power Delivery and Safety Standards Within the EV space of the automotive wiring harness market, the push towards higher voltage architectures is creating a specialized and high-stakes segment. High-voltage harnesses in 2024 EV models are already being designed to handle continuous currents exceeding 300 amps, a significant engineering feat. The next frontier is already here, as next-generation 800-volt EV platforms, becoming more common in 2025, will require harnesses capable of handling up to 1,000 volts. This directly influences cable design, where the cross-sectional area of the main high-voltage cables in a 2024 performance EV can be as large as 95 square millimeters. However, this shift also brings benefits; a typical 2025 800-volt system allows for a reduction in cable weight of up to 10 kilograms compared to an equivalent 400-volt system. Safety remains paramount, with a 2024 EV high-voltage junction box (HVJB) now being designed with at least 6 integrated safety interlocks. Rigorous testing protocols are evolving, as high-voltage harnesses for 2025 models must pass insulation resistance tests at over 5,000 volts. How ADAS and Autonomous Driving Are Driving Exponential Harness Complexity The parallel trend of increasing vehicle intelligence is placing immense pressure on the automotive wiring harness market. Advanced Driver-Assistance Systems (ADAS) and the pursuit of autonomy necessitate a massive increase in sensor suites and processing power, all interconnected by the harness. A 2024 vehicle equipped with Level 2+ ADAS requires at least 15 additional dedicated sensor harnesses compared to a base model. At the heart of this system, the central ADAS control module in a 2025 vehicle will require a harness with over 200 input and output pins. The requirements for higher levels of autonomy are even more stringent. A single forward-facing LiDAR sensor, which will be mandatory for certain Level 3 autonomy systems in 2025, requires a harness with at least 8 dedicated wires for power and high-speed data. Today, the total number of ultrasonic sensors requiring dedicated harnesses on a 2024 premium vehicle is already 12. Looking ahead, by 2025, harnesses for autonomous compute platforms must support a power draw of over 2,500 watts. Even established technologies like a surround-view camera system in a 2024 vehicle add more than 20 meters of shielded coaxial cable to the harness assembly. The Harness as a High-Speed Data Backbone for Connected Vehicles Modern vehicles are data centers on wheels, and the wiring harness serves as the physical network layer. This role is pushing the automotive wiring harness market into the realm of high-speed data communications. Zonal architectures, a key trend for 2025 model year vehicles, will rely on harnesses supporting 10 gigabits per second (Gbps) automotive Ethernet speeds to handle the immense data flow. A 2024 premium vehicle's infotainment system already requires a harness that can handle a combined data throughput of over 25 Gbps. The number of nodes on a 2024 vehicle's Controller Area Network (CAN) bus often exceeds 80, all physically linked by the harness. By 2025, high-end vehicles will feature harnesses with more than 12 dedicated, multi-gigabit Ethernet channels, a number unthinkable just a few years ago. To power the processors handling this data, the harness for the central computer unit in a 2025 software-defined vehicle must be capable of delivering over 1,000 watts of stable power. Advanced Material Innovation and Lightweighting Strategies Redefine Harness Composition To counteract the weight penalties of increased complexity, material science has become central to harness design. By 2025, the use of aluminum wiring is expected to save up to 15 kilograms of weight in a standard passenger vehicle compared to a full copper harness. The benefits are even more pronounced in larger vehicles; a 2024 wiring harness utilizing aluminum conductors can reduce the overall harness weight by up to 20 kilograms in a commercial truck. Beyond simple replacement, new alloys are emerging in the automotive wiring harness market. For 2025 models, manufacturers are testing advanced copper-magnesium alloys that increase tensile strength by 25 newtons, allowing for thinner, lighter wires without sacrificing durability. Insulation materials are also evolving, with new high-temperature silicone insulators for 2024 HV cables now rated to operate continuously at 200 degrees Celsius. The use of fiber optic cables in 2025 infotainment systems can reduce the weight of that specific harness section by a notable 2 kilograms. Connector and Component Miniaturization Enables Denser, More Efficient Packaging As the number of wires grows, the space to accommodate them does not. This has ignited a race for miniaturization in connector technology in the automotive wiring harness market. The pitch, or distance between pins, in a standard 2024 automotive connector has been successfully reduced to just 0.5 millimeters, enabling much denser connections. This trend is accelerating; by 2025, new nano-miniature connectors will be introduced, reducing the connector footprint by an additional 0.2 millimeters. As a result, a single 2024 ECU connector can now house over 120 individual terminals in a space smaller than 5 square centimeters. Durability is also a key focus, with advanced "wire-to-board" connectors for 2025 being designed to withstand over 3,000 mating cycles. To aid manufacturing and service, the insertion force required to connect a 100-pin harness connector in 2024 has been reduced to under 75 newtons, improving ergonomics and reducing the risk of damage. Manufacturing and Supply Chain Dynamics for the Automotive Wiring Harness Market The immense complexity and labor-intensive nature of harness assembly are forcing a strategic evolution in manufacturing and supply chain logistics in the automotive wiring harness market. Automation is key, as an automated harness assembly machine in a 2024 factory can now perform over 1,800 wire cuts and crimps per hour. To meet soaring regional demand, major harness manufacturers will install over 500 new production robots in their Mexican facilities during 2024 alone to serve the North American market. Similarly, for 2025, major suppliers are establishing at least 3 new production plants in Eastern Europe to shorten supply chains to German automakers. Despite these advancements, complexity dictates timelines; the average production lead time for a complex, custom vehicle harness in 2024 remains at 12 weeks. Quality control is becoming highly automated, with a 2024 quality control system now able to optically inspect over 500 connector pin positions in under 60 seconds, a crucial step in ensuring the reliability of the automotive wiring harness market's output. Customize the Data Scope to Match Your Objectives: Zonal Architectures and Commercial Vehicles Present New Specialized Market Frontiers Two distinct areas are creating new frontiers for the market: commercial vehicles and the revolutionary shift to zonal architectures. The main harness on a 2024 Class 8 electric truck can weigh over 120 kilograms, while a 2025 model year electric bus requires a harness with over 50 meters of high-voltage cable. These vehicles also have unique connectivity needs; the wiring harness for a 2024 commercial truck's telematics system is designed to have at least 5 separate network connections. Durability is paramount, and connectors used in 2024 heavy-duty truck harnesses are required to meet IP69K ratings, signifying protection against high-pressure water jets, while the chassis harness on a 2025 construction vehicle is designed to operate in temperatures as low as -40 degrees Celsius. Simultaneously, the adoption of zonal E/E architecture is set to completely redesign the harness itself in the automotive wiring harness market. A 2025 vehicle with a zonal architecture can eliminate up to 1,000 meters of redundant wiring. Instead of a single massive harness, a zonal architecture in a 2024 vehicle uses 4 to 6 smaller, localized harnesses or "zone controllers." This breakthrough approach reduces the number of connections to the main compute unit from over 1,000 to fewer than 100 in 2025 models. The benefits are substantial: the weight of the total electrical distribution system can be cut by 15 kilograms in a 2025 vehicle using a zonal design. This architecture also streamlines power distribution, as the number of large, central fuse boxes is reduced from 3 to 1 in a 2024 vehicle with a zonal layout. Ultimately, this approach consolidates over 30 individual ECUs from a 2023 design into just 3 or 4 in a 2025 model, marking the next great leap in the evolution of automotive electrical systems. Automotive Wiring Harness Market Major Players: Delphi Automotive LLP Fujikura Ltd. Furukawa Electric Co. Ltd Lear Corporation Leoni Ag NexansAutoelectric PKC Group QINGDAO SANYUAN GROUP SamvardhanaMotherson Group SPARK MINDA Sumitomo Electric Industries, Ltd. THB Group Yazaki Corporation Yura Corporation Other Prominent Players Key Market Segmentation: By Component Electric Wires Connectors Terminals Others By Application Body Harness Chassis Harness Engine Harness HVAC Harness Sensors Harness By Electric Vehicle Battery Electric Vehicle (BEV) Plug-in Hybrid Electric Vehicle (PHEV) By Vehicle Light Vehicle Heavy Vehicle By Region North America Europe Asia Pacific Middle East & Africa South America Want Clarity on Report Coverage? Schedule a Quick Demo Call: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website: while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Santiago Elementary families call on CPS to keep charter school open after property put up for sale
Santiago Elementary families call on CPS to keep charter school open after property put up for sale

CBS News

time13 minutes ago

  • CBS News

Santiago Elementary families call on CPS to keep charter school open after property put up for sale

Students at Esmeralda Santiago Elementary School are back in class for the new school year, and community members are speaking out about the future of the school and other Acero charter schools. Santiago was one of seven schools Acero announced it would close because of a budget deficit and declining enrollment. The Chicago Board of Education voted in December to provide funding to keep the schools open this year, and transform five of the schools – including Santiago – into traditional Chicago Public Schools facilities next school year. But earlier this month, the property that Santiago leases was listed for sale. Now community members are calling on CPS to buy the property to keep the school open.

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