Tag: Secures

ADNOC Secures 91 Percent Share Stake in Covestro

ADNOC, the largest oil producer in the United Arab Emirates, has successfully gained control of 91.3% of outstanding Covestro shares, following an acceptance period that ended on December 16, 2024. ADNOC International Germany Holding AG, a wholly-owned indirect subsidiary of XRG P.J.S.C., announced that a total of 172 591 806 shares in Covestro have been […]

AI-Driven Chemical Sourcing Platform Secures Series A Funding

Valdera, an AI-driven sourcing platform for chemicals and raw materials, has raised $15 million in Series A funding, led by Index Ventures. Valdera’s platform helps manufacturers bring products to market faster, safer, and more economically. Founded by siblings Sruti and Dheev Arulmani, Valdera has built a platform that uses machine learning and AI to streamline […]