Runa Capital

Qdrant Announces an Industry-First Hybrid Cloud Offering For Enterprise AI Applications

Retrieved on: 
Dienstag, April 16, 2024
Data Management, Security, Apps, Applications, Technology, Software, Artificial Intelligence, Cloud, OpenShift, Improper integral, Cloud computing, Google Cloud Platform, Risk, AI, DigitalOcean, Oracle Cloud, Civo, OVHcloud, RAG, Environment, Privacy, OCI, Trust, Azure, Runa Capital, AWS, Organization, Growth, Video game

Qdrant , the leading high-performance, open-source vector database, today announced the availability of its new Qdrant Hybrid Cloud, the industry’s first dedicated vector database to be offered in a managed hybrid cloud model.

Key Points: 
  • Qdrant , the leading high-performance, open-source vector database, today announced the availability of its new Qdrant Hybrid Cloud, the industry’s first dedicated vector database to be offered in a managed hybrid cloud model.
  • Qdrant Hybrid Cloud marks a major advancement in the field of vector search and enterprise AI, bringing vector search applications to the next level and redefining the standard for enterprise-grade vector search and AI applications.
  • With its innovative hybrid cloud offering — supported in any Kubernetes cloud environment and a growing number of platforms — Qdrant doubles down on its position as the vector database of choice for enterprise-grade AI applications.
  • “Qdrant Hybrid Cloud makes Qdrant a game-changer in the vector database domain by enabling unmatched deployment flexibility, ultra-low latency, and guaranteed data privacy and sovereignty.

Form 8.1 Opening Position Disclosure (MariaDB plc)

Retrieved on: 
Mittwoch, April 10, 2024
Software, Technology, Internet, Data Management, 4th floor, Supplement, Runa Capital, Acquisition, Disclosure, Security (finance)

The business address of Runa Capital is Williams House, 4th Floor, 20 Reid Street, Hamilton HM 11, Bermuda.

Key Points: 
  • The business address of Runa Capital is Williams House, 4th Floor, 20 Reid Street, Hamilton HM 11, Bermuda.
  • For the avoidance of doubt, no such Ordinary Share are owned by Michael Fanfant.
  • Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8.
  • Is a Supplemental Form 8 attached?

Form 8.1 Opening Position Disclosure (MariaDB plc)

Retrieved on: 
Donnerstag, März 7, 2024
Networks, Internet, Data Management, Technology, Software, Acquisition, 4th floor, Runa Capital, Disclosure, Supplement, Security (finance)

The business address of Runa Capital is Williams House, 4th Floor, 20 Reid Street, Hamilton HM 11, Bermuda.

Key Points: 
  • The business address of Runa Capital is Williams House, 4th Floor, 20 Reid Street, Hamilton HM 11, Bermuda.
  • For the avoidance of doubt, no such Ordinary Share are owned by Michael Fanfant.
  • Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8.
  • Is a Supplemental Form 8 attached?

SeeChange Technologies Raises £8M in Seed Extension Funding to Transform Global Retail with Visual AI

Retrieved on: 
Dienstag, November 21, 2023
CCTV, Silicon, Diebold Nixdorf, General partnership, POS, Runa Capital, Video game, Cryptocurrency

MANCHESTER, England, Nov. 21, 2023 /PRNewswire-PRWeb/ -- SeeChange Technologies, a leader in retail-focused visual AI, today announced the closing of its seed extension funding of £8M (US$10M), led by Crane Venture Partners and Triple Point Ventures. New investors Runa Capital, True, Portfolio Ventures and Material Ventures also participated.

Key Points: 
  • Funding infusion accelerates commercial deployments and SeeChange's vision for a smarter, safer retail future
    MANCHESTER, England, Nov. 21, 2023 /PRNewswire-PRWeb/ -- SeeChange Technologies, a leader in retail-focused visual AI, today announced the closing of its seed extension funding of £8M (US$10M), led by Crane Venture Partners and Triple Point Ventures.
  • Our new investors' participation is a strong endorsement of the unique and proven capabilities of SeeWare for the global retail ecosystem.
  • Their participation is a strong endorsement of the unique and proven capabilities of our SeeWare platform for the entire global retail ecosystem.
  • "By providing retailers with real-time visual insights to enhance security and optimize their spaces, SeeChange is poised to redefine what's possible in the retail industry and beyond.''

Runa Capital II (GP) (“Runa”) No intention to make an offer for MariaDB plc (“MariaDB”) and potential bridge loan of up to US$26.5 million

Retrieved on: 
Dienstag, Oktober 10, 2023
ACT, Knowledge, IRISH, NOT, Central bank, Person, MariaDB, Runa Capital, Central Bank of Ireland, FOR

Dublin, Ireland, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Runa confirmed today that it does not intend to make an offer for MariaDB. Accordingly, Runa will be bound by the restrictions set out in Rule 2.8 of the Irish Takeover Rules. Runa reserves the right within the next 6 months to set aside this announcement where so permitted under Rule 2.8 (including 2.8(c)(ii)).

Key Points: 
  • Accordingly, Runa will be bound by the restrictions set out in Rule 2.8 of the Irish Takeover Rules.
  • Runa reserves the right within the next 6 months to set aside this announcement where so permitted under Rule 2.8 (including 2.8(c)(ii)).
  • Runa also announces that an associate of Runa intends to enter into an agreement with MariaDB regarding the provision of a three month bridge loan of up to US$26.5 million.
  • The content of this website is not incorporated into and does not form part of this announcement.

MariaDB plc Enters Into $26.5 Million Financing Agreement

Retrieved on: 
Dienstag, Oktober 10, 2023
Software, Technology, Networks, Data Management, Runa Capital, NYSE, Ted Wang, MariaDB, Bank, Management

MariaDB plc (NYSE: MRDB) announced entry into a $26.5 million senior secured promissory note with RP Ventures LLC.

Key Points: 
  • MariaDB plc (NYSE: MRDB) announced entry into a $26.5 million senior secured promissory note with RP Ventures LLC.
  • The senior secured promissory note expires on January 10, 2024.
  • MariaDB also announced the restructuring of its board of directors.
  • MariaDB has appointed Yakov “Jack” Zubarev and Michael Fanfant to its board of directors, joining existing directors Jurgen Ingels and Paul O’Brien.

Runa Capital II (GP) (“Runa”) Statement by Runa regarding corporate governance concerns at MariaDB plc and shareholder engagement

Retrieved on: 
Donnerstag, September 28, 2023
MAKE, ACT, The Takeover Panel, Rationalization, Communication, Irish Takeover Panel, NOT, FOR, Central bank, OR, MariaDB, EGM, Central Bank of Ireland, Person, Open position, Schedule, Schedule 13D, MADE, Acquisition, Nature, ANY, FIRM, Davy, Knowledge, IRISH, Security (finance), Runa Capital, Disclosure, Proxy, Holding company, Bank, Cryptocurrency, Property management

Dublin, Ireland, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Runa has, for a number of years, expressed serious concerns regarding the management of (“MariaDB” or the “Company”) by its directors (the “Board”). In that context, Runa has advocated for changes to the Company’s strategic direction, including a rationalization of the Company’s budget and potentially changes in senior roles in the Company. Recently, Runa became aware that the Company intended to engage in a highly dilutive equity transaction to fund its capital needs. Runa believes that such transaction would result in substantial and damaging dilution to shareholders and would not be in the interests of the Company or its shareholders.

Key Points: 
  • Dublin, Ireland, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Runa has, for a number of years, expressed serious concerns regarding the management of (“MariaDB” or the “Company”) by its directors (the “Board”).
  • Recently, Runa became aware that the Company intended to engage in a highly dilutive equity transaction to fund its capital needs.
  • As a result, Runa is considering what further steps it may take to effect strategic change at MariaDB.
  • Runa invites discussion with MariaDB shareholders who share its concerns and are prepared to join it in requisitioning an EGM.

Runa Capital II (GP) (“Runa”) Further statement re possible offer for MariaDB plc (“MariaDB” or the “Company”) Increased proposal to provide up to US$20 million in bridge financing

Retrieved on: 
Mittwoch, September 27, 2023
MAKE, ACT, FOR, MariaDB, Central Bank of Ireland, A (Cyrillic), Davy, EIB, Runa Capital, The Takeover Panel, Letter, OR, Open position, FIRM, Knowledge, Disclosure, Irish Takeover Panel, NOT, Commitment, Documentation, Investment banking, Fund, Central bank, Person, MADE, Nature, ANY, IRISH, Holding company, Bank, Security (finance), Lease, Property management, Note

Dublin, Ireland, Sept. 26, 2023 (GLOBE NEWSWIRE) --  On 15 September 2023, Runa announced that it made an all cash proposal to the directors of MariaDB (the “Board”) to acquire, together with Runa’s investment affiliates, 100% of the issued share capital of the Company not already owned by Runa, at a price of US$0.56 per share (the “Possible Offer”). In that announcement, Runa noted the impending default of the Company under its senior debt and indicated that it was prepared, as an interim measure, to extend to the Company a US$5 million bridge loan on terms to be agreed between the parties.

Key Points: 
  • The Commitment Letter and its terms will expire if not fully executed by the Company on or prior to 29 September 2023.
  • In addition, the Company will pay Runa an origination fee of 0.5% of the loan amount.
  • This announcement does not constitute an offer to sell or invitation to purchase any securities.
  • Terms in quotation marks are defined in the Irish Takeover Rules, which can be found on the Irish Takeover Panel's website.

HUBUC Launches P1, a global card issuing and processing engine, becoming a Mastercard Network Enablement Partner

Retrieved on: 
Mittwoch, Februar 15, 2023
Technology, Mobile, Wireless, Finance, Consulting, Fintech, Banking, Electronic Commerce, Professional Services, Software, Mozilla, GDPR, Mercury, Mastercard, Former, Orrick, Fraud, Economics, PCI, Natixis, Smartex Tambala, Walt Disney Studios, Knowledge, Runa Capital, PSD2, Partnership, DreamWorks Animation, Multimedia, PCI DSS, ComplyAdvantage, Y Combinator, OpenAPI, Cryptocurrency, Video game

Leading fintech company HUBUC announces the immediate availability of its revolutionary issuing processor, a Mastercard-certified platform that makes card issuing easier than ever.

Key Points: 
  • Leading fintech company HUBUC announces the immediate availability of its revolutionary issuing processor, a Mastercard-certified platform that makes card issuing easier than ever.
  • HUBUC decided to build P1, a new issuing processor in-house when existing ones proved to be running on legacy technology from the 1960's and provided outdated functionalities.
  • HUBUC's commitment with P1 is to bring lightning-fast performance, lean implementation and microservices architecture that allows scalability and innovation for years to come.
  • Additionally, the platform offers strong customer authentication for enhanced security against fraud, and is GDPR, PSD2 and PCI DSS 3.2 Level 1 compliant.

AI-Diagnostics Startup Altris AI Raises $1 Million To Prevent Blindness

Retrieved on: 
Mittwoch, Dezember 14, 2022
DrChrono, EQT Partners, Ophthalmology, Vance DeGeneres, AMD, Optometry, OCT, Runa Capital, World Economic Forum, Pathology, Business, Motivation, University of Chicago Booth School of Business, Retina, F5 Networks, Black Rock, Education, Machine learning, Nevus, Ingram Micro, Severe cognitive impairment, General partnership, VCS, Disease, MariaDB, AI, University, Software as a service, Glaucoma, Medical device, Medical imaging, Acronis, Corel, Nginx, Huvitz

Altris AI, which is a US-based startup originally from Ukraine, is building solutions for the $58 billion global ophthalmology market.

Key Points: 
  • Altris AI, which is a US-based startup originally from Ukraine, is building solutions for the $58 billion global ophthalmology market.
  • Altris AI developed a SaaS platform based on 5 million OCT scans that detected and interpreted more than 100 pathologies and pathological signs.
  • Altris AI already partners with global OCT distributors and equipment manufacturers such as Topcon Healthcare, Optopol, and Huvitz.
  • Altris AI is developing an AI platform that assists eye care professionals in fighting blindness.