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San Francisco-based software company Ditto has raised $82 million in its Series B funding round, increasing its valuation to $462 million. The round, led by Top Tier Capital Partners and Acrew Capital, follows a 250% growth in annual recurring revenue and a doubling of its customer base since its Series A in 2023. Founded in 2018, Ditto specializes in data synchronization between edge devices and the cloud, with major clients including Delta Air Lines, Japan Airlines, and Lufthansa. The new funding will be used to expand its team, scale products, and forge partnerships with cloud database providers.
Cosmo Energy Holdings will launch Japan's first sustainable aviation fuel (SAF) production in April, aiming to replace 10% of jet fuel with cleaner alternatives by 2030. The Sakai refinery will produce SAF from used cooking oil, targeting 30,000 kl annually, while also securing partnerships with major airlines. Despite challenges in cost and raw material sourcing, government subsidies are expected to support the initiative, which is part of a broader effort to meet Japan's estimated SAF demand of 1.7 million kl by 2030.
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ditto secures 82 million in series b funding to enhance data synchronization
04:20 13.03.2025
cosmo energy to launch japan's first sustainable aviation fuel production in april
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Takeshi Takada
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10:06 07.03.2025
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