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Magnetar, a global multi-strategy alternative asset manager, with additional support from Pulse Fund and strategic partner Pritchard Auto Company, made a $36 million equity contribution to the five-year-old company. In addition, Endera secured a $13 million credit facility.
December 20, 2024 ) Applications for Delawares fifth annual Startup302 funding competition will be accepted January 2 through 26 from technology-enabled startups with high-growth potential and at least one founding team member from an underrepresented group.
Continued support from previous backers includes COTU, RZM Capital, and Github founder Tom Preston-Werner. These issues often transform payments from a growth enabler into a cost and risk center for businesses.
billion, Liftoff enables mobile developers to build, discover, and monetize apps using powerful AI-driven solutions tailored to maximize user acquisition and revenue. Liftoff directly addresses these needs with a comprehensive suite of AI-enabled marketing and monetization tools. Valued at $4.3
Transforming the Semiconductor Industry Founded in 2021, xLight is building a breakthrough EUV FEL platform that addresses critical industry pain points—namely cost, scalability, and throughput in semiconductor fabrication. leadership in chip manufacturing.
The NP workforce is projected to grow by 45% between 2021 and 2032, making it one of the fastest-growing healthcare professions in the country. However, this rapid growth requires scalable support in education, clinical training, and employment—exactly what NPHub is poised to deliver.
This growth was boosted by an increasing number of companies prioritizing tools that support communication, collaboration, transparency and a seamless end-to-end workflow. As the post-pandemic workplace begins to take shape, how can productivity infrastructure support enterprises where they are now and where they need to go next?
According to Recovery Insights: Small Business Reset report prepared by Mastercard Economics Institute, the number of SMB offering online products/services tripled between the pre-pandemic era and 2021. The Recovery Insights: Small Business Reset report found that digitally-enabled SMBs: Witnessed 5.0% Amp up your customer support.
The European startup’s flagship claim for the data-ingesting bot-builder platform is it’s capable of automating up to 80% of customer support interactions. “We believe that customer service automation will be its own category in the future and so we are working hard to define what that means today.” Now ultimate.ai
Amitruck , a Kenyan tech-enabled logistics platform, is one such provider of solutions that streamline the shipping market. Besides, the startup provides operational support. “We’re They also work with individual customers, who are, for example, moving houses. The goods ferried by Amitruck’s partners are insured.
And second, it’s stuck in an internet time capsule from September 2021. OpenAI’s latest announcement solves for both, introducing support for plugins and giving us a glimpse into the first AI App Store.
raised more money from venture capitalists in 2021 than ever. But according to data from PitchBook, less than 2% of VC funding went to all-women-founded teams in 2021. On the bright side, founding teams counting both women and men as members raised 17% of VC investments in Africa in 2021. raise in 2021. as yesterday!
The company offers a complete spectrum of e-commerce support services for direct-to-consumer (D2C) brands, from making a website, setting up a payment system, and managing marketing to handling shipping, warehousing, and logistics. In other words, Plugo enables D2C merchants to focus on their products and supports other processes.
The 2021 GLC programming and virtual conference experience were top-notch. The PPP enabled me to keep a small but scrappy team; we dug deep to become the experts on virtual and hybrid events. It was extremely meaningful for me to return the support I received, especially during such a turbulent time.
million in its seed round in 2021, with support from Philippine’s venture capital investor Foxmont Capital Partners. The new funding infusion gained support from diverse investors, including venture capitalists, family offices, and existing angel investors from the Philippines, the US, and Europe.
In 2021, we extended a grant to Grand Valley State University’s Veterans Entrepreneurship Lab. In 2021, we also established a partnership between Verizon’s Pro Bono Program and the Metro Detroit Black Business Alliance ’s Capital Connect Program. Veterans and/or military spouses work on their business launch over a three-month period.
Our clinicians are feeling less supported and it’s only getting worse. While it may seem ironic, AI solutions may be our best answer to the decaying personalization and humanity of care in the US; as Vijay wrote in 2021, “technology can make human healthcare more human.” Technology is emerging for AI to augment and enable care.
Funding supports innovative technology companies that are taking community banks into the future. We are passionate about finding the best companies to support the future of community banking, so they can thrive and continue to enable and support their customers and communities,” says Ransom.
It is also difficult to understand how to utilize AI to support digital marketing efforts. So, how exactly can AI be used to support your digital marketing campaign? However, AI tools can support small businesses by doing the heavy lifting for teams. Where AI Can Support Your Business. But does it really work?
30 Investments to date in the areas of AI, autonomy, cybersecurity and space Shield Capital was launched in 2021 by the Managing Partners Philip Bilden and Raj Shah, both of whom have deep experience in technology and investing, driving their passion to support founders of frontier technologies.
“2020 has seen payments powered by open banking take-off, and in 2021 we expect to see this scale – most prominently in the UK, followed by Europe. We look forward to supporting them on their continued journey.”. “Despite the difficulties of 2020, it was a year of great growth for Tink,” said Daniel Kjelle?n,
MoBagel is a cybersecurity and AI startup that KDDI Technology acquired in 2021. KDDI Technology provides a one-stop service from technical support to system development and operation of mobile and IoT-related products. The company aims to put innovative technologies into practical use and supports customer DX to meet their true needs.
The freshly acquired funds will be utilized by Vuihoc to support its product offerings, leveraging AI technology to provide personalized learning experiences tailored to each student’s unique needs. Amidst the fluctuations in the world economy, Vietnam’s EdTech sector remains an attractive destination for solid investments.
Niio will use its capital to grow its artist community and scale its app-enabled subscription and purchase platform, which is blockchain – based and will include a trading-enabled marketplace for NFTs and other digital art assets. The NFT market is just getting started, but where is it headed?
Working family caregivers spend an average of 25 hours a week caring for their loved ones on top of their full-time jobs, and ultimately, the current lack of support and resources drives 32% of them to leave their job to care full time. . Today, caregiver support is the most overlooked gap in healthcare and employee benefits.
While one of Lifepal’s benefits is enabling people to compare policies on their own, many also rely on its customer support line, which is staffed by licensed insurance agents. People want to take their time to think and they have a lot of questions, so we introduced good customer support.”
This round of funding has gained support from Contents Technologies, Transcend Capital Partners, and existing backers Investible and eWTP Tech Innovation Fund. BintanGo’s prior funding included a pre-seed round of $500,000 conducted in June 2021, just ahead of its launch in September of the same year. million in funding support.
Every year, companies that have achieved technological innovations in 29 fields are selected to receive innovation awards, and each company can receive support for up to three categories of innovation awards. It is expected to help 220 million visually impaired patients worldwide.
“We’re thrilled to partner with SGE to support our rapid growth and continue to define the role of PRM in the SaaS ecosystem,” said Gregory Galant, co-founder and CEO of Muck Rack, in a statement. Its staff numbers 200 and it’s been working as a “distributed” business since 2021, the company said.
Health and wellness startup’s support draws from prominent celebrities, top medical experts and prominent investor backing Healthcare consumers continue to seek alternative ways to manage their health, according to a Gallup study conducted in late 2022. Lifeforce’s recent funding will propel it into the lives of many more people.
The climatetech venture builder also has the support of EDB New Ventures, the venture-building arm of the Singapore Economic Development Board. The venture builder is enabling business models in land use and deforestation, agriculture, mobility, industry, buildings, and energy.
For instance, the company has won the Innovation Award at CES for three consecutive years in 2021, 2022, and 2023, demonstrating the quality of their technology. This recognition underscores the company’s technological prowess, and with the support received through this program, PLAIF continues to thrive.
Broom’s newly raised funds will enable the company to diversify its product offerings and further accelerate inventory turnover for both Broom and its dealers. Founded in June 2021, Broom aims to support used-car dealers in Indonesia, many of whom face a lack of access to capital and operate relatively unorganised businesses.
There’s a growing market for private cellular networks, or dedicated cell networks configured to support a company’s specific requirements within a confined area (think a warehouse or wind farm). billion in 2021. A separate report from ABI Research estimates that the market for 5G private networks will reach $47.5
So, in keeping with our mission, we present to you today a list of Ukrainian tech companies and initiatives you can support, the products you can use, and the startups which you – if you’re an investor – can look at funding. But over 90% of Ukrainian startups say they need financial support to survive the war.
Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. Many startups operate in single or two countries, so expanding geographic footprints will be an enabler to draw in better funding.” In 2021, they received just $1.6
“Our innovative indoor map data infrastructure is designed to empower businesses and individuals, enabling them to improve work efficiency and enhance daily experiences,” said Ocean Ng, Founder and Chief Operation Officer of Mapxus.
million grant) seed raise in September 2021, said the funding will support the launch of two new technologies: Kraken II and SITE. . The startup has used its supply chain technology to process more than 10 million kilograms of palm nuts since the launch of Kraken in 2021. million in an oversubscribed pre-Series A round.
The global FPGA market size could reach $14 billion by 2028, according to one estimate, up from $6 billion in 2021. Launched in 2021, the goal with Rapid Silicon is to promote, adopt and implement open source tech to address the low- to mid-range FPGA market, according to CEO and co-founder Naveed Sherwani.
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.” . million Series A in February 2021. . million in 2028 , from $142 million in 2021.
According to the European Union Agency for Cybersecurity, the EU agency that contributes to the bloc’s cyber policy, 66% of cyberattacks focused on a supplier’s code as of 2021. ” Eclypsium supports hardware, including PCs and Macs, servers, “enterprise-grade” networking equipment and Internet of Things devices.
For some context on that valuation, it’s a huge jump since last year: When it raised a Series C of $60 million in April 2021, it was valued at just $355 million , according to PitchBook data. We are excited to partner with Iddo and the team to support their mission to drive modern software development.”
To enable working remotely, you need to develop an asynchronous work culture and make sure employees can work in their preferred location. As many people currently strive for greater life stability , you should support them in reducing stress or anxiety.
A separate study from Entrust, published in 2021, found that only 42% of organizations use encryption to secure customer data. “Third-party apps [are] able to work on encrypted ‘Vaultree’d’ data as if it’s decrypted, enabling unlimited, easy collaboration,” Lasmaili said.
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