Sacramento’s Innovation Fund Will Invest in Local Start-ups

The city of Sacramento will invest in local companies and start a grant program as part of a multimillion-dollar plan to bolster the community’s innovation economy, Mayor Kevin Johnson said Saturday morning. The city is going to invest $1 million in local companies this year, Johnson said. Selections will come from proposals submitted to a […]

KAUST-based Startup NOMADD Closes $1M Investment Round with KAUST Innovation Fund

KAUST-based startup NOMADD (NO-water Mechanical Automated Dusting Device) recently closed a Series A funding round from the KAUST (King Abdullah University of Science and Technology) Innovation Fund totaling USD 1,000,000. NOMADD is a smart and ecological desert solar panel cleaning system developed at KAUST by Georg Eitelhuber, NOMADD’s founder and current chief technology officer. NOMADD […]