Onera, a spin-off from imec and Holst Centre, announced the successful closure of a seed round of financing enabling the company to develop a wearable, fully disposable, medically graded sleep diagnostic device. The startup's mission is to bring gold standard sleep diagnostics from the sleep lab to the comfort of the patient's home. The seed investment is secured by imec's venturing programme imec.xpand and the Dutch development agency Brabantse Ontwikkelings Maatschapij (BOM).
The Belgian region of Flanders pioneers the internet of water, a unique intelligent water management system based on a network of connected sensors, that enables a permanent and real time follow-up of water quality and quantity. This is expected to enable Flanders to tackle the growing threat of water inconvenience, water scarcity and water pollution. Recently Flanders’ minister-president Geert Bourgeois activated a first sensor, close to The Blankaart in Diksmuide.
BASF New Business GmbH (BNB; Ludwigshafen, Germany) has acquired all the shares of Advanc3D Materials GmbH in Hamburg and Setup Performance SAS in Lyon. Advanc3D Materials offers advanced, tailor-made plastic powders and formulations for selective laser sintering (SLS) together with process knowhow. Setup Performance, which operates a production site in Lyon, is Advanc3D Materials’ most important partner in the development and manufacture of SLS materials. BNB is integrating both companies into its subsidiary BASF 3D Printing Solutions GmbH (B3DPS). The acquisition is an important step forward for BASF in its expansion in the field of 3D printing.
The Smartrac Technology Group (Amsterdam, The Netherlands) recently announced that the Chinese e-commerce and retail provider Alibaba Group will invest in the company, reinforcing both parties’ commitment to strengthening brand protection strategies. Michael Evans, president of Alibaba Group, will join Smartrac’s supervisory board.
Merck (Darmstadt, Germany), a leading science and technology company, recently presented its strategy to secure the future prospects of Performance Materials. The business sector comprises the specialty chemicals business of Merck and supplies solutions for displays, computer chips and surfaces of every kind. After 2019, Merck expects Performance Materials to resume earnings growth.