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Scamnetic’s $13M Series A to Scale AI-Powered Scam Detection

American Entrepreneurship

billion to fraud in 2024 alone, a 25% increase from the previous year. The company maintains ties to the local innovation infrastructure, collaborating with startup accelerators, university research hubs, and entrepreneurial support organizations across Central Florida. consumers lost over $12.5 billion in 2023.

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NEC X Accepting Applications for Elev X! Ignite Venture Studio

American Entrepreneurship

Those accepted into the program will strategically collaborate with NEC, receiving engineering expertise, extensive R&D resources, comprehensive support services, and funding to fast-track innovations.

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LUUM’s Eyelash Extension Innovation Garners $30M Series A Round

American Entrepreneurship

Heublein remained with LUUM until early 2024 and is now the founder and CEO of Sk inSpirit , an award-winning medical aesthetics brand. In Fall 2023 and Fall 2024, LUUM began collaborations with Ulta Beauty and Nordstrom to pilot their innovative eyelash extension service in San Jose store locations.

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Figma's S-1: A PLG Powerhouse

Tomasz Tunguz

Figma’s collaborative design tool platform disrupted the design market long-dominated by Adobe. Here’s how the two companies stack up on key metrics for their most recent fiscal year: Metric (2024) Figma Adobe Revenue (YoY Growth) $749M (48%) $21.5B (11%) Gross Margin 88.3% Non-GAAP Op Margin 17.0% Sales Efficiency 1.00

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Creators as Small Businesses Recognized by Visa at Web Summit

American Entrepreneurship

Celebration of the creator spirit and the announcement of an expanded collaboration with Pharrell Williams were made. A major announcement came for Visa, celebrating the impact of creators and expanding the company’s collaboration with musician and filmmaker Pharrell Williams.

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Apptronik Closes $350M in Funding to Meet Surging Demand for Humanoid Robots, Gains Google Investment

American Entrepreneurship

By combining cutting-edge AI and human-centered design, Apptronik aims to create robots that can collaborate seamlessly with humans in various sectors, including logistics, manufacturing, healthcare, and eldercare. As Apptronik expands its operations, its impact is already being felt across industries.

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CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem

American Entrepreneurship

The companys collaboration with the New Jersey Economic Development Agency is a boost to the states program to attract AI companies for its innovation economy. Microsoft alone accounted for over 60% of CoreWeaves 2024 revenue, raising questions about customer concentration risk. The company reported $1.92