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At the same time, Launchpad@Stevens supports student innovation by providing mentorship, funding, and networking opportunities. Since launching iSTEM in 2019, weve seen remarkable success from a 95% retention rate to students raising over $5 million in capital, said Farvardin.
To really enable this kind of dynamic workflow, there are a few key features that I felt a great online whiteboard had to have: Unlimited canvas. But each digital sticky note can also house its own whiteboard, opening up a world of opportunity for big picture brainstorming and collaboration.
Amitruck , a Kenyan tech-enabled logistics platform, is one such provider of solutions that streamline the shipping market. Mwangi is optimistic about the future saying that the logistics sector offers enormous opportunities to companies like his, which are trying to bring order to the industry. The opportunity is massive.
In 2019 alone, the robotics space saw roughly 600 venture-backed fundraising rounds, while construction companies successfully raised roughly 200 venture rounds. Some of the opportunities involve machines, while an equal amount of opportunity lies in the software behind the machines.
In fact, the work he does outside of his original business helped him earn the 2019 EO Global Citizen of the Year. In 2010, Ravi founded IndiVillage , the first information technology (IT) and information technology enabled services (ITeS) company in India to become certified as a B Corporation.
Market Opportunities "Our mission has always been to seek out and support the patient populations that need help the most,” said Wellth CEO and Co-founder Matthew Loper. Wellth’s platform has the potential to enable new models of patient engagement and drive further transformation for the 200,000 patients we serve.” ? ?
On the other hand, the financing gap left by conventional banking institutions has presented an opportunity for innovation, leading to the birth of fintechs like Asilimia. In 2019, the startup won the Africa Cup at the 2019 SA Innovation Summit, securing a $350,000 investment from Unicorn Group, a pan-African investment firm.
Founded in 2019, Sunstone is addressing these challenges by offering students a wide-range of additional courses and helping them with securing jobs, its co-founder Piyush Nangru told TechCrunch in an interview. Piyush Nangru (left) and Ashish Munjal co-founded Sunstone in 2019. “The colleges are operating at 40% occupancy.
in 17 startups since 2019. By providing a low initial investment and robust deal flow, SDAC enables accredited investors from across the U.S. Accredited investors are invited to nation’s largest angel conference, which has invested $4.8M
Aronu Ugochukwu and Abafor Chima founded the startup in 2019, and Ugochukwu is quite familiar with currency devaluation. . It also employs smart contracts to lock each member’s contribution and enable flexible payouts when a payment cycle is due, which reduces default payment rates. It has since secured $2.2
Founded in 2019, STACS has now raised a total of more than $6 million and is preparing to raise Series A funding later this year. It allows clients to integrate payment platforms (including Ubin), trading platforms and external software like user management systems, while enabling smart contracts and digital ledgers.
Redbird enables pharmacies in Ghana to add rapid diagnostic testing for 10 different health conditions to their pharmacy services. It was half this number in 2019, and Redbird was able to double this number despite the pandemic. L-R: Patrick Beattie (CEO), Andrew Quao (COO), and Edward Grandstaff (CTO).
Founded in 2019 by Lam Do and Thu Do, Vuihoc has rapidly grown to serve over 1.1 Additionally, Vuihoc provides live classes facilitating private or small group learning, enabling students to receive instant feedback and support in their educational journey. million users, primarily concentrated in Tier 2 and 3 cities.
It will also support the development of new consumer and enterprise products to enable Indonesians and businesses to access a wider range of services securely and accelerate broader digital transformation. The Company also intends to expand into overseas market to further accelerate growth.
Temple said that with the support and resources from Earth VC and KSL Maritime Ventures, they could already start with their expansion plans in Vietnam, and pursue energy management and sustainability opportunities within The Kuok Group’s real estate and marine businesses.
Ben Eluan and Osezele Orukpe , two software engineers based in Nigeria, faced this problem in 2019. The crypto remittance company was built to enable merchants to send and receive money from anywhere in the world, Eluan tells me. W e believe the opportunity here is huge. to reach a relative in Nigeria. Image Credits: Flux.
The new fund builds upon SoftBank’s $5 billion Latin America Fund, which was first announced in March 2019 and was formerly called the Innovation Fund with an initial $2 billion in committed capital. “Fund II will explore options to raise additional capital,” SoftBank said in a statement. billion in 48 companies with a fair value of $6.9
with projections showing an 11% increase by 2029 from 2019 numbers, which amounts to over half a million new jobs. produces only about 65,000 computer science graduates, there is a vast deficit in the tech talent market, which materialized as over 900,000 unfilled IT and related positions in 2019 alone. Given that the U.S.
ILLA has identified this massive opportunity in MENA and is offering a full-stack B2B supply chain management platform enabling FMCG brands to reach retailers directly at the lowest cost per case. ” “Middle-mile logistics is one of the most underinvested segments of the global supply chain market.
Harlem Capital’s Henri Pierre-Jacques invested in both Pangaea’s seed round in 2019 and Series A in 2020. Gani later joined Hong as a co-founder to scale the business, as they realized there was a bigger opportunity for global e-commerce. Men are actually into skincare, but not as comfortable talking about it,” Gani said.
The success of Pinduoduo in China suggests there is a huge opportunity for social commerce platforms to emerge in other regions. Pinduoduo’s team purchase is often compared to Groupon in the US because they both enable a form of group buying. But first, a bit of background. But the models are actually very different.
If you’re an EO member seeking acquisitions, mergers, partnerships, exit transactions, financing, investment opportunity or member-to-member deal experiences, MyEO DX is for you. a website platform enabling customers to customize furniture specifications to the millimeter and choose the top and frame colors to suit their space.
Since its launch in March 2019 , the accelerator has helped its participating startups collectively raise over $1.7 Beam is building a one-click checkout solution that enables a frictionless payment experience for sellers and shoppers in Southeast Asia. Info Edge Ventures is a co-investor.). Partech Partners is a co-investor.).
EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities. After emerging from stealth in 2019, Sima.ai has created a software-centric, purpose-built … platform that exclusively targets this large market opportunity.
After leaving the Stripe-owned company in 2019, he launched a data startup called Voyance where Singh, who had already exited one of his products — Transferpay.ng , an offline payments startup — was a software engineer. The plan for Mono is to be a global company and getting into YC provides the perfect opportunity to do so.
Wellington-based entrepreneur and investor Dave Moskovitz has been the chair of GEN New Zealand since 2019. “We Like all entrepreneurs, he looks for and takes advantage of opportunities while managing risk. To that end, it has released a manifesto, outlining initiatives it hopes will help New Zealand become more entrepreneurial.
“Chipotle has aggressive goals of achieving 7,000 restaurants, along with a healthy balance sheet, which enables us to invest in in forward-thinking ventures that can help accelerate these growth plans,” Garner said. “It could be anything from innovations in farming and supply chain, to advanced robotics, and beyond.”
In December 2019, they started Altro — which started out as Perch Credit — and began hunkering down in a Hacker House with a few others to build out a platform that finds a person’s recurring transactions and connects them to a trade line that it reports to all three credit bureaus. “It By the time it raised its $2.5
Some of the greatest areas of innovation opportunity are at the intersection of sectors historically segregated , e.g., computational biology. Participants have the opportunity to receive prizes reaching $40,000. The pitch takes 90 seconds and participants have the opportunity to win prizes totaling $10,000.
Comcast Ventures, Khosla Ventures and Real Estate Technology (RET) Ventures co-led the financing, which brings the company’s total raised to $32 million since its 2019 inception. By creating buildings that are worthy of being repeated, tools and systems can be created to enable continuous improvement and increase efficiency.
But former Google AI tech leader Tomas Vykruta is taking a different tack with EvolutionIQ , which works with insurers to analyze claimant data and third-party information to identify “high-opportunity” claims — specifically those involving bodily injury. ” Market opportunity.
Data reveals Women Entrepreneurs Gaining Ground On the startup side, according to the 2024 Wells Fargo Impact of Women -Owned Business Report, between 2019 and 2023 women-owned businesses grew at nearly double the rate of those owned by men which was exceeded during 2022 to 2023, reaching 4.5
“Splyt and Kakao Mobility’s technology teams have been collaborating since 2019 to integrate and enable global ride-hailing services for Kakao T users through Splyt’s ride-hailing API platform,” CTO of Splyt Stephen Mason told TechCrunch. That in itself was enough to bring on SoftBank as an investor.
Going after the some 83% of Americans that have a credit card , the app version was officially launched in 2019, and now the Atlanta-based company is announcing a $3 million seed round co-led by Dundee Venture Capital and Calano Ventures. MaxRewards is free to download and use, and the majority of the app’s functionalities are free.
But all that opportunity also has a flip side: how can you say what you want, just how you want to say it, without technical hurdle after hurdle getting in your way? million to fuel its growth. We’re excited to back the Sanity team and their impressive developer-focused content management platform.”.
between 2009 and 2019 — providing data on 3,784 entrepreneurs who started 2,002 companies over this period. The report illustrates one impact of this long-standing inequality around access to the elite education — as it shows it carries through to decreased opportunity, post-university, for accessing VC funding. In the U.K.,
Note: I originally published this article in 2019 to share my lessons-learned from mapping a local ecosystem. It can be used as a storytelling tool to enable ecosystem organizations to see the different onramps and paths that different founders take, and identify what’s working as well as gaps that need to be addressed.
It is also a competition that provides the opportunity for start-ups to grow and has been doing so since 2017. Subsequently, it provides an opportunity for sustainable growth of minority small businesses that are underfunded. The grant opportunities on their websites are posted by twelve different federal agencies.
The Series B round of funding is being led by Draper Esprit, with Earlybird, Gapminder Ventures, Launchub and OTB Ventures (which all participated in its Series A in December 2019 ) also participating. This is “low code,” but it typically means that the company needs to work with third parties to enable all of this.
Register The global events and meetings industry is a powerhouse, driving billions of dollars in economic activity with countless business opportunities. “We created an educational SaaS that enabled real-time two-way communication between teachers and students through IT. “Events play a crucial role in B2B sales.
Given the tailwinds, Zur took the opportunity to work with top venture capital firms, like Tiger and SoftBank, even though it had taken the Series A a mere six weeks prior. In addition to the hiring, the extra capital will enable the company to provide better benefits for its employees and to go after potential strategic acquisitions.
Emtech’s solutions also enable collaboration among multiple regulators, for an integrated regulatory environment that is key to the opening up of cross-border innovations and opportunities. The sandbox helps the regulatory authorities base their response to innovations on the outcomes of live experiments.
acquisition of Duo Security gave Ann Arbor its first modern unicorn, the CFE was experiencing record demand for more entrepreneurship education and opportunities. Eric, also the CEO of Tempus, is enabling physicians to deliver personalized care for patients through the company’s interactive analytical and machine learning platform.
Founded in : 2019. Quick thoughts : In 2019, Curacel started with claims automation and fraud detection in health insurance with hospitals as its target market. YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance. Website : [link]. Team size : 30 . Location : Lagos, Nigeria.
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