Venture

Galaxy to Acquire Leading Custody Platform GK8

Retrieved on: 
Friday, December 2, 2022

(TSX:GLXY) ("Galaxy" or "the Company"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today announced it intendsto acquire GK8, a secure institutional digital asset self-custody platform.

Key Points: 
  • (TSX:GLXY) ("Galaxy" or "the Company"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today announced it intendsto acquire GK8, a secure institutional digital asset self-custody platform.
  • "Adding GK8 to our prime offering at this pivotal moment for our industry also highlights our continued willingness to take advantage of strategic opportunities to grow Galaxy in a sustainable manner."
  • Backing up its secure custody solutions, GK8 recently announced a partnership with USI Insurance Services to offer institutional clients access to up to $1 billion of insurance coverage for digital assets custodied on the platform.
  • GK8 offers both traditional and crypto-native institutions an end-to-end platform for managing blockchain-based assets.

Pacaso CEO and Co-Founder Austin Allison Named a 2022 HousingWire Tech Trendsetter

Retrieved on: 
Thursday, December 1, 2022

SAN FRANCISCO, Dec. 1, 2022 /PRNewswire/ -- Pacaso, the leading technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, announced today that CEO and Co-Founder Austin Allison was recognized as a 2022 Tech Trendsetter by HousingWire. The fourth annual list recognizes the most impactful and innovative technology leaders serving the housing economy

Key Points: 
  • SAN FRANCISCO, Dec. 1, 2022 /PRNewswire/ -- Pacaso , the leading technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, announced today that CEO and Co-Founder Austin Allison was recognized as a 2022 Tech Trendsetter by HousingWire .
  • Founded in 2020, Pacaso operates in 40 destinations globally and holds $1 billion of real estate in the company's portfolio worldwide.
  • "The 2022 HW Tech Trendsetter honorees are driving progress and leading a digital transformation across the housing sector," said Clayton Collins, CEO of HW Media.
  • Co-founded by Austin Allison and Spencer Rascoff in 2020, Pacaso operates in 40 top second home destinations around the world.

PictorLabs Launches with More Than $18.8 Million to Advance Transformative Virtual Staining

Retrieved on: 
Thursday, December 1, 2022

LOS ANGELES, Dec. 1, 2022 /PRNewswire/ -- PictorLabs, Inc., a digital pathology company developing an AI-powered virtual staining platform to revolutionize histopathology and accelerate clinical research with the goal of improving patient outcomes, today announced its launch with the completion of a $15.2 million financing round led by M Ventures, SCC Soft Computer, and Koç Holding. Since its founding in 2019, PictorLabs has raised $18.8 million to commercialize virtual staining and reimagine the future of histopathology. Pioneered by co-founders Aydogan Ozcan, Ph.D., UCLA Chancellor's Professor, and Yair Rivenson, Ph.D., PictorLabs Chief Executive Officer and Chief Technology Officer, the company's technology applies deep learning algorithms to efficiently and accurately stain tissues in silico, producing near-instantaneous virtual stains. From a single unstained tissue sample, PictorLabs' proprietary platform can produce an unlimited number of virtual stains that are indistinguishable from analogous chemical stains.

Key Points: 
  • Since its founding in 2019, PictorLabs has raised $18.8 million to commercialize virtual staining and reimagine the future of histopathology.
  • To date, PictorLabs has demonstrated successful virtual staining for several well-validated disease biomarkers and is pursuing additional opportunities in disease areas with high unmet need.
  • "At M Ventures, we are excited by the results demonstrated by PictorLabs' virtual staining technology, confirming the broad research potential of its best-in-class platform.
  • "We're excited to see PictorLabs advance this next-generation virtual staining technology," said Melih Poyraz, Ko Holding's Strategy and Business Development Director.

Bionaut Labs Closes $43M in Series B Led by Khosla Ventures to Advance First-in-Class Micro-Robotic Technology and Remove Barriers to Treat Rare and Debilitating Diseases

Retrieved on: 
Monday, November 28, 2022

By reaching the midbrain safely through novel routes, Bionaut Labs aims to develop solutions to treat the most debilitating conditions including Parkinsons disease and Huntington's disease, malignant glioma and hydrocephalus.

Key Points: 
  • By reaching the midbrain safely through novel routes, Bionaut Labs aims to develop solutions to treat the most debilitating conditions including Parkinsons disease and Huntington's disease, malignant glioma and hydrocephalus.
  • Funds will be used to advance clinical development of the companys lead programs against malignant glioma brain tumors and Dandy-Walker Syndrome (a rare pediatric neurological disorder).
  • Bionaut Labs remains committed to finding new ways to treat these devastating diseases, which are long overdue for a breakthrough.
  • We are extremely excited about the transformative potential Bionaut presents in treating debilitating neurological disorders, said Vinod Khosla, founder of Khosla Ventures.

Transocean Acquires Interest in High Specification Ultra-Deepwater Newbuild Drillship

Retrieved on: 
Thursday, November 17, 2022

Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME), to purchase Hull 3623, the ultra-deepwater newbuild drillship formerly known as West Aquila, for approximately $200 million.

Key Points: 
  • Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME), to purchase Hull 3623, the ultra-deepwater newbuild drillship formerly known as West Aquila, for approximately $200 million.
  • Hull 3623 is a high specification, 1400 short-ton hookload ultra-deepwater drillship.
  • This seventh-generation dual-activity drillship will have a large deck space, high load capacities, and will be dual-stack ready.
  • In addition, Transocean is constructing one ultra-deepwater drillship and holds a partial ownership interest in a company that is constructing another ultra-deepwater drillship.

Carats & Cake Launches Dashboard for Sales and Finance Teams Across the Hospitality Industry

Retrieved on: 
Thursday, November 17, 2022

Carats & Cake , the financial operating system for the events industry, today announced the launch of its dashboard solution for sales and finance teams across the hospitality industry.

Key Points: 
  • Carats & Cake , the financial operating system for the events industry, today announced the launch of its dashboard solution for sales and finance teams across the hospitality industry.
  • View the full release here: https://www.businesswire.com/news/home/20221117005238/en/
    Carats & Cake Launches Dashboard for Sales and Finance Teams Across the Hospitality Industry (Graphic: Business Wire)
    At Carats & Cake we partner with the largest hospitality groups and property asset owners in the world to ensure their teams have a purpose-built solution that improves efficiency and drives up revenue while increasing margins.
  • One of the gaps we noticed that was fairly omnipresent across the industry was the lag in information sharing between sales and finance teams.
  • Founded in 2013, Carats & Cake touches every facet of property groups event sales operations including marketing, sales, contracting, invoicing, and financing .

Tactyc, the First Portfolio Forecasting and Planning Software for Venture Capital, Launches Globally

Retrieved on: 
Thursday, November 17, 2022

Tactyc , the first software solution to address venture capital portfolio forecasting and planning, today announced its official launch alongside a Seed investment of $1.5 million.

Key Points: 
  • Tactyc , the first software solution to address venture capital portfolio forecasting and planning, today announced its official launch alongside a Seed investment of $1.5 million.
  • Tactyc is entering the market with over 160 clients globally ranging from emerging managers to multi-billion dollar funds and corporate venture arms.
  • Tactyc is a leading platform for managing venture capital funds and the first software to address venture capital portfolio forecasting and planning.
  • Tactyc has over 160 Venture Capital and Corporate Venture Capital clients globally from emerging managers to established firms.

Frank Kim of SANS Institute Joins Cybersecurity VC YL Ventures as its New CISO-in-Residence

Retrieved on: 
Tuesday, November 15, 2022

YL Ventures , a seed-stage venture capital firm investing in Israeli cybersecurity startups, today announced Frank Kim has joined as its new full-time CISO (Chief Information Security Officer)-in-Residence.

Key Points: 
  • YL Ventures , a seed-stage venture capital firm investing in Israeli cybersecurity startups, today announced Frank Kim has joined as its new full-time CISO (Chief Information Security Officer)-in-Residence.
  • View the full release here: https://www.businesswire.com/news/home/20221115005386/en/
    Frank Kim joins YL Ventures as CISO-in-Residence.
  • Over the past few years, cybersecurity has developed into a top C-suite priority due to soaring cybersecurity attacks on enterprises.
  • Based in Silicon Valley and Tel Aviv, YL Ventures manages over $800M and specializes in cybersecurity.

pulsESG Announces Strategic Investment and Partnership with Workday Ventures for ESG Performance Management and Disclosure Solution.

Retrieved on: 
Monday, November 14, 2022

The new partnership aims to support joint Workday and pulsESG customers to better respond to rapidly evolving ESG management and disclosure requirements.

Key Points: 
  • The new partnership aims to support joint Workday and pulsESG customers to better respond to rapidly evolving ESG management and disclosure requirements.
  • The planned integration of pulsESG with Workday Financial Management and Workday Human Capital Management will allow joint customers to translate structured and unstructured sources of data into financial information for disclosure management and external reporting.
  • Beyond expanding Workdays service offerings, the Workday Ventures investment in pulsESG also demonstrates Workdays continued commitment to sustainability.
  • Workday Ventures is the strategic investment arm of Workday, Inc., focused on accelerating the growth of emerging enterprise software companies that enhance the Workday customer experience and are complementary to Workday products and services.

Leading Wealth Advisor Craig Findley from Ohio-Based RIA Venture Visionary Partners Takes the Top Spot in 2022 AdvisorHub Rankings for ‘Advisors to Watch’

Retrieved on: 
Thursday, November 24, 2022

Venture Visionary Partners is pleased to announce the firms Founder and Chief Executive Officer Craig Findley received the number one spot on Advisor Hubs Advisors to Watch ranking.

Key Points: 
  • Venture Visionary Partners is pleased to announce the firms Founder and Chief Executive Officer Craig Findley received the number one spot on Advisor Hubs Advisors to Watch ranking.
  • With a score of 99.98% on scale and 98.80% on growth, Mr. Findley earned the number one spot in the 2022 AdvisorHub 50 Advisors to Watch.
  • Founded in 2019, Venture Visionary Partners (VVP) is a registered independent wealth management firm, advising affluent families and individuals, including business owners and entrepreneurs, to help them be strategically smarter with their wealth.
  • Venture Visionary Partners is a member of the Dynasty Financial Partners Network of independent financial advisory firms.