Project Sunrise: Florida Economic Competitiveness Strategy reports venture capital, usually with investors more willing to take risks, has been showering Florida with cash. Continue reading
FedEx has decided to not renew its contract with Amazon.com for US cargo delivery through FedEx Express, the unit that delivers packages on planes. Continue reading
Spaceforme understands space in schools is at a premium with high student numbers, which increase year on year. The EN ONE chair uses less space due to its high straight safe stacking, up to 21 chairs (more than any other chair in its class). Easily transported and stored when needed. Continue reading
United Technologies has agreed to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion. The deal is expected to close in the first half of 2020. Continue reading
Under the radar, peer-to-peer car-sharing services are emerging in Florida as alternatives to traditional car rentals and even to ride-share apps such as Uber and Lyft. While Turo and Getaround have existed about a decade, both companies have raised hundreds of millions of dollars from venture capitalists in recent years to finance aggressive expansion efforts. Continue reading
KnowledgeSmart delivers skills gap analysis and benchmarking services to help AEC firms maximise their return on investment in technology, people and client services. As a mature cloud-based service provider, KnowledgeSmart is the only online subscription offering that analyses and benchmarks construction industry software-user skills to help businesses create new efficiencies and develop competitive advantage to win more work and increase profit margins. Continue reading
Florida biotech company sells for $70 million
Florida company CytoSen, which developed a new biotech approach to cancer therapies, has sold for about $70 million to Kiadis Pharma. CytoSen was spun out of the University of Central Florida (UCF) in 2014 and grew over the past few years in UCF’s incubator location in Winter Springs.