Accenture Ventures Makes Strategic Investment in Turbine
May 17, 2024
Accenture, through Accenture Ventures, made a strategic growth investment in Turbine, a Budapest-based company that builds AI-driven predictive simulation software for interpreting human biology to accelerate drug discovery. The investment will help Turbine expand its platform to global biopharma clients and integrate its Simulated Cell technology into larger drug-development workflows; terms were not disclosed.
- Targets
- Turbine
- Industry
- Biotechnology
- Location
- Budapest, Hungary
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Settle Acquires Turbine
October 1, 2024
Cloud & SaaS
Settle, the San Francisco–based operations platform for scaling CPG brands, has acquired Turbine to integrate the target’s inventory operations and AI-powered forecasting capabilities into Settle’s procurement, payables and financing suite. The acquisition expands Settle’s product into unified inventory forecasting, procurement and landed-cost calculation to help omnichannel CPG brands improve margins and reduce manual workflows.
-
Accenture Ventures Invests in Sanctuary AI
March 27, 2024
AI & Machine Learning
Accenture, through Accenture Ventures, made a strategic investment in Sanctuary AI, a Vancouver-based developer of AI-powered humanoid robots. The partnership aims to accelerate Sanctuary AI's commercialization and deploy its Phoenix robots across industries such as retail, logistics, and manufacturing while leveraging Accenture's enterprise relationships and implementation expertise.
-
Edgewater Funds and Partners Invest in Turbine Engine Specialists (TES)
October 17, 2023
Aerospace & Defense
Edgewater Growth Capital Partners V, L.P. led an investment in Turbine Engine Specialists (TES), a Fort Worth, Texas–based aftermarket provider of turbine engine MRO, rental and parts distribution for the global private aviation market. The transaction includes co-investors Banbury Private Capital, HF Capital and existing investor Killick Capital; TES will retain its full leadership team as the investors provide capital to support the company’s growth initiatives.
-
Accenture Acquires Bionest to Expand Life Sciences Strategy Capabilities
February 2, 2023
Healthcare Services
Accenture has acquired Bionest, a New York–based strategy and consulting firm focused on life sciences, bringing Bionest's 46 consultants into Accenture Strategy to bolster its Life Sciences practice. The acquisition expands Accenture's capabilities across precision medicine, diagnostics, oncology, cell & gene therapy, and rare diseases; terms were not disclosed.
-
Accenture Makes Strategic Investment in Touchcast
February 3, 2021
Software
Accenture, through Accenture Ventures, made a strategic investment in Touchcast, a New York–based virtual experience company that uses AI and mixed reality to power immersive virtual events. The companies will deepen their collaboration through Accenture Ventures' Project Spotlight program to co-innovate and scale Touchcast’s platform to Accenture’s enterprise clients; terms were not disclosed.
-
Accenture Acquires InvestTech Systems Consulting
January 31, 2017
IT Services
Accenture has acquired InvestTech Systems Consulting, a Los Angeles-based specialist in investment technology systems integration and consulting, to expand its asset-management consulting and systems-integration capabilities. Financial terms were not disclosed; 7 Mile Advisors served as InvestTech’s exclusive sell-side advisor.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.