Latest news with #Archangels
The Herald Scotland
25-04-2025
- Business
- The Herald Scotland
CSignum in £6m move to tackle world's most challenging environments
A company founded in Edinburgh in 2020 believes it has developed a solution for transmitting data through water, ice, soil, rock and concrete, and has raised £6 million in funding to expand its engineering team, advance its product portfolio, and strengthen its market presence. Read more: The funding round was led by Archangels, Par Equity and Scottish Enterprise on behalf of CSignum, which has developed a solution called EM-2 that uses electromagnetic field signalling (EMFS) to achieve results which it says are unmatched by any other wireless technology to date. Other existing investors including British Business Investment, Raptor Group, Deep Future, SeaAhead's Blue Angel Network, and a number of notable individual US investors also provided follow-on support. 'This investment reflects the growing recognition of the critical need for innovative communication solutions in the underwater IoT sector," CSignum chief executive Jonathan Reeves said. "The support from our investors will allow us to scale our operations, enhance our product offerings and help industries worldwide manage their resources more effectively. We are grateful for their trust and excited to shape the future of underwater communication." The company also offers CSignum Cloud, providing data services to complement its wireless systems. Its dashboard and analytics are successfully deployed on several river water quality monitoring projects. Ahead of upcoming deadlines for environmental regulatory compliance, including large-scale real-time monitoring mandates under the AMP8 initiatives, CSignum is already working with customers in the UK, EU and US markets. The company plans to add additional staff in the UK, USA, and EU over the next year as it continues to scale its operations. "CSignum's ability to deliver reliable and cost-effective communication solutions for challenging environments sets them apart in the market," said Claire Clamm, investment manager at Par Equity. "This funding will accelerate their journey to becoming a global leader in underwater data transmission. We are excited to partner with them as they expand their reach and capabilities."
Yahoo
25-02-2025
- Business
- Yahoo
Cleveland Clinic to build hospital in West Palm Beach, and 'Pee-Wee's Playhouse' meets luxe mansion in Boca Raton
Welcome to The Dirt! I'm real estate, weather and critter reporter Kimberly Miller with the latest developments in the sizzling market. I'm starting to get the distinct impression that we are all living in SimCity and billionaire Stephen Ross is the game master building up a metropolis around us like the machines in the Matrix. Or maybe it's Forge of Empires? Or just a full blown, all out "Game of Thrones" scenario and West Palm Beach is Kings Landing. Ooh. Can I be Daenarys?!? Just kidding. I could never eat a horse heart. 🤢 Moving on. Ross orchestrated the deal to have Cleveland Clinic open a hospital in West Palm Beach, and signed a purchase agreement — with cameras present of course — to sell land along Australian Avenue for the medical campus. Stay up to date on South Florida's sizzling real estate market and sign up for The Dirt weekly newsletter, delivered every Tuesday! Exclusively for Palm Beach Post subscribers. In other real estate news last week, another Jimmy Buffett house sold, a fun estate that is a mix of "Pee-Wee's Playhouse," Mount Olympus and high-end luxury mansion is for sale in Boca Raton, and (stop me if you've heard this already) Stephen Ross did something. Also, and this is kind of real estate related because there's a python hot spot in Palm Beach County and you don't want to buy anything near a python hot spot, do you? You might think the designer of 1201 Marble Way, has, in all actuality, lost her marbles, but you'd be (mostly) wrong. Angela Nalbantu, who owns the 12,700 square-foot estate in Boca Raton, is just really into mythology, and the four elements, and folklore, and dragons, and Archangels, and peacocks, and painting, and making pottery, and sewing. I mean, who isn't? Right? Alas, with most of her children grown and out of the house, she and her husband are looking to downsize from the 12-bedroom waterfront home with three pools, including one shaped like a fish. Some home décor and furniture may be negotiable. The second of three Jimmy Buffett homes on the Bohemian-style (as Bohemian as you're going to get in Palm Beach) Root Trail sold for $4.795 million this month. Buffett, who died in 2023, may have personified the margarita-loving beach bum surfing pirate persona, but he was also an astute businessman. He was named a billionaire by before his death. There's just one Buffett cottage left on Root Trail if you're interested, and it's listed at a just-reduced priced of $4.775 million. That's down from the original list price of $6.125 million. File this under "Stephen Ross did something, again" news, which is ample these days. This time it's the opening of the One Flagler office tower in West Palm Beach, a 25-story stunner at the base of the Royal Park bridge. It is 95% leased, has a fitness center, and is home to the acclaimed restaurant Estiatorio Milos, which is open to the public. So, wait, that's how many buildings now for Ross in West Palm Beach? And do we count CityPlace as a single building or multiple? Either way, I think Ross is winning the SimCity tournament of champions. Game over. Do not pass go, do not collect $200. Bye, Felicia. Live lightly. Kimberly Miller is a journalist for The Palm Beach Post, part of the USA Today Network of Florida. She covers real estate, weather, and the environment. Subscribe to The Dirt for a weekly real estate roundup. If you have news tips, please send them to kmiller@ Help support our local journalism, subscribe today. This article originally appeared on Palm Beach Post: Cleveland Clinic comes to West Palm Beach and another Jimmy Buffett home sells
