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Recently funded Cake addresses that concern with the launch of its open-source AI infrastructure platform enabling all businesses to deploy the latest technologies cost-effectively. A seasoned entrepreneur and software engineer, he founded McCoy Medical Technologies in 2016 which was acquired two years later.
Meet Hana Laurenzo—one of the many entrepreneurs who discovered a wealth of learning and possibility in the EO Accelerator program. The right time came in 2016 when Accelerator launched at EO Forth Worth. Hana applied, was accepted, and knew right away that Accelerator was just what she had been looking for.
This critical investment will enable Apptronik to ramp up the production of its groundbreaking humanoid robot, Apollo, and accelerate the development of next-generation robots tailored for a wide range of industries. Founded in 2016, Apptronik has rapidly gained recognition as a leader in humanoid robotics.
Register Committed to accelerate the digital transformation of the world’s fourth largest population, Privy has partnered with KKR , a leading global investment firm. The Company also intends to expand into overseas market to further accelerate growth. Bookmark( 0 ) Please login to bookmark. Username or Email Address. Remember Me.
million last year from New-York’s Riverside Acceleration Capital (RAC) and a syndicate of Australian investors. The new investment will help the startup to accelerate its overseas expansion across the world with a focus on the United States, the country with the highest percentage of educators using one-to-one computing (1:1) computing.
There’s an urgent need for a global air traffic management solution to enable safe and efficient drone and urban air mobility (UAM) operations, and Terra Drone aims to be the leading player building the digital infrastructure in the sky.” . Terra Drone’s uncrewed traffic management.
Accelerated digital innovation has catapulted the world into unprecedented growth. million back in 2016. Cymulate Founded in 2016, this Israel-based startup recently closed a $7.5 As the name suggests, Cymulate enables companies to simulate attacks on their own systems without compromising current operations.
Catalyst Fund , a global accelerator managed by BFA Global , announced the 8th cohort for its Inclusive Fintech Program today. The accelerator, backed by the JP Morgan Chase and Bill & Melinda Gates Foundation, runs the flagship program annually. In 2020, all five countries had representatives in the accelerator.
Bengaluru-based artificial intelligence SaaS voice automation company Skit, formerly known as Vernacular.ai, developed its AI-based voice automation platform VIVA, short for Vernacular Intelligent Voice Assistant, which enables corporations to automate 90% of their call center operations powered by Natural Language Understanding (NLU) technology.
The company moves to the next phase of accelerating the abundance of frontier data, building a path to artificial general intelligence. Scale AI was founded in 2016 by Alexandr Wang and Lucy Guo who since left to launch Passes. The funding enables the company to move into the next phase of accelerating the abundance of frontier data.
A Korean startup called AIMMO , which uses software and humans to label and categorize image, video, sound, text and sensor fusion data, built an AI data annotation platform, enabling the data labeling faster for enterprises. . AIMMO declined to comment on its valuation.
Building Legacies Out of Movements), an accelerator program for social entrepreneurs of color. Through knowledge sharing and funding, the program cultivates a thriving ecosystem for changemakers to accelerate impact and deliver initiatives at the intersection of sport, equity and creativity for Black and Latinx communities. .
HPA has been an investor in Catalytic since the Series Seed investment in 2016. This definitive agreement to acquire Catalytic will enable PagerDuty to take its automation capabilities to the next level by accelerating the delivery of enterprise-wide process automation. Congratulations to the Catalytic team!
” WaveOne was founded in 2016 by Lubomir Bourdev and Oren Rippel, who set out to take the decades-old paradigm of video codecs and make them AI-powered. It’s an effective approach, but new codecs require new hardware specially built to accelerate compression or decompression, making improvements slow to propogate.
. “For XM Cyber customers, this means that with the financial backing of Schwarz, we will be able to accelerate product innovation, scale and extend our global reach. XM Cyber was founded in 2016 and raised $49 million, according to Crunchbase data. Time will tell on that front.
Its ecosystem of AI-powered, credit-enabled products and services includes buy now pay later platform Atome, digital lending platform Kredit Pintar, SaaS provider ADVANCE.AI, and ecommerce merchant services platform Ginee. We appreciate our investors’ continued faith and confidence in us,” Chen said. .
Sesie Bonsi is the founder and CEO of Bleu , a financial technology platform focused on enabling touchless payment experiences. Make serious headway with accelerators. Accelerators allow ventures to define their products or services, quickly build networks and, most importantly, sit at tables they wouldn’t be able to on their own.
Sunrate offers a smart global payment and treasury management platform, enabling businesses to streamline their B2B payments and financial operations. The regulatory approval enables Sunrate to provide regulated financial services within Singapore, further bolstering its credibility and positioning in the industry.
“It’s a trend I’ve seen more broadly and we think professional services is the next category that needs an SMB enabler, and that’s really what we’re trying to do.” Revenue has grown “over 50x” since the company’s 2016 funding. The firm first invested in the company in 2016, leading its $12.4
We have collected a wide range of freebies, contests, accelerators, online communities, and VCs designed for student tech founders. The Microsoft Student Accelerator , though it has the word “accelerator” in its name, is a free, 4-month boot camp teaching students advanced analytics and AI, Azure and cloud fundamentals, and web apps and APIs.
The funding will build on customer momentum, accelerate market expansion, and continue the innovation of CyberSaint’s CyberStrong platform powered by its patented Artificial Intelligence (AI) technology. Since its launch in 2016, the company has been on a remarkable growth trajectory and achieved many industry milestones.
To solve the problems of traditional electronic media, a startup in Boston, Catalog , was founded in 2016 by MIT scientists including co-founder and CEO Hyunjun Park, developing an energy efficient, cost competitive, and more secure data storage and computation platform by using synthetic DNA.
The Japan-headquartered company, which builds drone software, hardware and uncrewed aircraft traffic management software, said the new capital brings its total raised to $97 million since its inception in 2016. It declined to comment on its post-money valuation.
Hydroleap was founded in 2016 by Mohammad Sherafatmand, a Ph.D. The Singapore -based startup’s electrochemical techniques have proven highly effective in treating industrial wastewater, enabling a remarkable reduction of up to 95% in pollutants. graduate in Environmental Engineering from the National University of Singapore.
The investment will accelerate the growth of Fresh Factory’s end-to-end hyperlocal cold chain fulfilment and logistics service, and will also be used to invest in hiring talent, improving existing service offerings and expanding its fulfilments for cold chain and fresh products. from 2016 to 2021 and is forecast to grow at 12.9%
It’s 2022 and already local VCs, angel investors, startup founders, incubators and accelerators, and more are pushing hard to make their startups go. And last but not least, InvestNext launched in 2016, a Detroit-based fintech startup whose mission is to transform the process in which investment firms raise and manage capital.
“At a time of macroeconomic challenges, companies need a solution that accelerates key business processes,” Sangha told TechCrunch in an email interview. “I founded LexCheck to increase revenue by simplifying and accelerating commercial contracting processes across an entire organization.”
Zaver , a Swedish fintech that enable merchants to accept cardless payments and offer buy-now-pay-later (BNPL) as an option, has raised $5 million in new funding. for both online and offline commerce, after claiming to have found product-market-fit. Its target market is “durables,” starting in Sweden.
During his time at Accra in 2016, he met Quao, a trained pharmacist in Ghana at a hackathon whereupon talking found out that their interests in medical testing overlapped. Redbird enables pharmacies in Ghana to add rapid diagnostic testing for 10 different health conditions to their pharmacy services.
Launched in 2016, the startup works with a network of agents, who recruit farmers and retailers to its platform. That could be new crops that enable customers to earn more money,” said Pollak, who co-founded Apollo with Benjamin Njenga and Earl St Sauver. The agritech is scouting for growth opportunities in East and West Africa. “We
Boulevard Capital delivers fast funding to help salons, spas, barbershops, and medspas accelerate business growth LOS ANGELES – March 20, 2024 – Boulevard ( www.joinblvd.com ), provider of the client experience platform purpose-built for appointment-based, self-care businesses, today announced the launch of Boulevard Capital.
Pinduoduo is one of the first companies to successfully create a social shopping experience online, and has accelerated the transition of commerce from offline to online in China. Pinduoduo’s team purchase is often compared to Groupon in the US because they both enable a form of group buying. But the models are actually very different.
. “Speak has the potential to revolutionize not just language learning, but education broadly, and this aligns with the OpenAI Startup Fund’s goal of accelerating the impact of powerful AI to improve people’s lives.”. Speak was founded in 2016 by Connor Zwick and Andrew Hsu, both of whom had an acute interest in AI from an early age.
Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The startup plans to use the fresh capital to accelerate its business expansion further, strengthen its operations in Indonesia, advance technology and expand its engineering and product teams. .
“It will enable us to access a deep source of feedstock and significantly increase our production capacity.” On top of that, InnovaFood creates organic fertilizers out of insect poop to boost plant and crop growth. Growth industry. ” InnovaFeed isn’t alone in its endeavor to use insects for animal protein.
The Techstars-backed startup is focused on drone operations in industrial settings — building tech to scale the use of drones for inspection and maintenance purposes in industries, such as the oil & gas sector, by enabling pilots to remote-control craft from a central location, rather than needing to be on site for each flight.
The company, founded in 2016, provides 24/7 live chat and telehealth, ship-to-home prescriptions, vet-curated items in its e-commerce marketplace and educational content and programs. The San Francisco-based company previously raised $18 million in a Series B round in March.
Jessica Kim , chief executive officer of ianacare , understands these statistics deeply as she made the difficult choice to leave her job in 2016 to care for her mom full time, as do nearly a third of working caregivers. Kim co-founded ianacare in 2018 after spending more than seven years caring for her mom during a cancer battle. .
Since its founding in 2016, the company has raised $200 million in investment capital. The company, which employs about 200 people and is based in New Jersey and Tel Aviv, will use the new funding to start production of its inspection systems in North America and to accelerate sales growth. Ventures L.P.
By 2016, Shanbhag says that hundreds of schools were using Namecoach’s software and services. Shanbhag hinted at capabilities beyond pronunciation guidance coming down the pipeline, including prompts to enable warm interactions in sales scenarios and feedback to help users improve their conversations more generally.
CEO Michael Bookout indicated that the new cash will go toward expanding and accelerating MyCarrier’s platform offerings and investing in its product, R&D and go-to-market teams. That’s where they had the idea for MyCarrier — a platform to connect smaller shippers to “less than truckload” (LTL) carriers (i.e.,
” Kirzner founded Lightbits in 2016 to solve the perennial storage/compute utilization problem. It can scale NVMe data transfer queues to many parallel connections, Kirzner claims, enabling them to achieve access latency of 100 to 120 microseconds or around 200 microseconds on commodity servers.
Ellen DeGeneres, Portia de Rossi, Shaun White and Shawn Mendes are the new backers, who came in through a strategic round of funding alongside PLUS Capital to bring the Seattle-based company’s total funding to $60 million since the company’s inception in 2016. This includes a $12 million Series A from 2020.
As a later-stage company, Bucketplace will use the new injection of funding to accelerate its growth in South Korea and enter into new markets, such as Japan, Southeast Asia and the U.S., When the app launched in 2016, interior designers and home improvement hobbyists could post photos of their homes to share their remodeling experiences.
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