Venture

3LS Inc. Launches New Behavioral Health Venture Studio

Retrieved on: 
Monday, November 20, 2023

NASHVILLE, Tenn. , Nov. 20, 2023 /PRNewswire/ -- 3LS Inc., a provider of administrative and advisory services to human service organizations, today announced the launch of a new venture studio to accelerate the creation of evidence-based behavioral health solutions that support youth, families, and educators.

Key Points: 
  • The new venture studio, 3LS Ventures , will invest in and direct resources toward early-stage behavioral health products and services that are pioneering innovative ways to improve outcomes and enhance overall wellbeing among children and the adults who care for them.
  • 3LS Ventures will complement the existing portfolio of 3LS -related providers, including The Omni Family of Services , The Omni Family Institute, and HopeNation Counseling .
  • "3LS Ventures will accelerate our mission of identifying and supporting early-stage companies that are poised to have meaningful impact on the markets that we currently serve while also opening up new opportunities to affect behavioral health," said 3LS Inc. CEO Eric Strickland.
  • 3LS Inc. has spent more than three decades driving innovation in child welfare and community mental health.

Signing Day Sports, Inc. Announces Closing of Initial Public Offering and Listing on NYSE American

Retrieved on: 
Thursday, November 16, 2023

After deducting underwriting discounts, commissions and offering expenses, the Company received net proceeds of approximately $4.8 million.

Key Points: 
  • After deducting underwriting discounts, commissions and offering expenses, the Company received net proceeds of approximately $4.8 million.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 180,000 shares of common stock to cover over-allotments at the initial public offering price, less underwriting discounts, commissions, and other offering expenses.
  • The Company's common stock began trading on the NYSE American exchange on November 14, 2023, under the symbol "SGN."
  • Bevilacqua PLLC served as legal counsel to the Company and Anthony L.G., PLLC served as legal counsel to Boustead Securities, LLC for the initial public offering.

E-commerce Pioneer Roy Rubin of Magento Talks Success and Strategy on DCKAP's Driven Podcast

Retrieved on: 
Thursday, November 16, 2023

AUSTIN, Texas, Nov. 16, 2023 /PRNewswire/ -- On DCKAP's Driven podcast, Roy Rubin, Co-Founder and former CEO of Magento and founding partner of R-Squared Ventures, shared his insights on founding Magento, running a venture capital firm, and lessons he's learned as an entrepreneur. Magento, now operating as Adobe Commerce, has had of hundreds of thousands of online stores in the created on the e-commerce platform.

Key Points: 
  • Magento, now operating as Adobe Commerce, has had of hundreds of thousands of online stores in the created on the e-commerce platform.
  • Magento later became an independent company by owner Permira private equity fund and then was acquired by Adobe for $1.68 billion.
  • A recurring theme in Rubin's career from his years at Magento and today at R-Squared Ventures is getting out of the way.
  • At both Magento and R-Squared Ventures, Rubin hires great talent, then empowers these strong leaders to create opportunities.

Greentown Labs and Browning the Green Space Open Applications for Year 2 of the ACCEL Program to Support BIPOC Founders

Retrieved on: 
Tuesday, November 14, 2023

SOMERVILLE, Mass. and HOUSTON, Nov. 14, 2023 /PRNewswire/ -- Greentown Labs, the largest climatetech incubator in North America, and Browning the Green Space (BGS), a nonprofit dedicated to making clean energy and other climate-related fields more diverse, equitable, and inclusive, are accepting applications from BIPOC-led climatetech startups for Year 2 of the Advancing Climatetech and Clean Energy Leaders Program (ACCEL).

Key Points: 
  • The year-long program combines acceleration with a curated curriculum, incubation at Greentown, and extensive mentorship from Greentown and BGS's networks of industry experts.
  • "ACCEL is one of the most impactful, meaningful programs we've run to date," said Greentown Labs CEO and President Kevin Knobloch.
  • "Opening applications for Year 2 of ACCEL is an important milestone in strengthening critical support for traditionally excluded entrepreneurs in our communities."
  • Interested entrepreneurs can learn more about the call for applications by visiting the website or contacting [email protected] .

Signing Day Sports, Inc. Announces Pricing of Initial Public Offering

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK, Nov. 13, 2023 /PRNewswire/ -- Signing Day Sports, Inc. (NYSE American: SGN) (the "Company"), developer of the Signing Day Sports app and platform service for high school athletes in the college recruitment process today announced the pricing of its initial public offering (the "Offering") of 1,200,000 shares of common stock at a price to the public of $5.00 per share for gross Offering proceeds of $6,000,000.

Key Points: 
  • NEW YORK, Nov. 13, 2023 /PRNewswire/ -- Signing Day Sports, Inc. (NYSE American: SGN) (the "Company"), developer of the Signing Day Sports app and platform service for high school athletes in the college recruitment process today announced the pricing of its initial public offering (the "Offering") of 1,200,000 shares of common stock at a price to the public of $5.00 per share for gross Offering proceeds of $6,000,000.
  • The shares are expected to begin trading on the NYSE American LLC stock exchange on November 14, 2023, under the symbol "SGN".
  • The Offering is expected to close on November 16, 2023, subject to the satisfaction of customary closing conditions.
  • Net proceeds to the Company, after deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately $4.8 million.

Las Olas Venture Capital ("LOVC") Announces Latest Investment in Davinci Micro Fulfillment

Retrieved on: 
Monday, November 13, 2023

Davinci Micro Fulfillment leverages data analytics and machine learning to strategically empower multichannel merchants to place inventory in the company's physical location network.

Key Points: 
  • Davinci Micro Fulfillment leverages data analytics and machine learning to strategically empower multichannel merchants to place inventory in the company's physical location network.
  • The platform helps companies optimize real-time supply and demand fulfillment, streamline inventory management, and offer unparalleled delivery speeds to their end customers.
  • Brands that work with Davinci today have seen a 25% increase in sales and 30% savings in fulfillment costs.
  • Las Olas Venture Capital ("LOVC") Announces Latest Investment in Davinci Micro Fulfillment, Leading The Seed Round
    "True micro fulfillment isn't just utilizing smaller warehouses closer to consumers; it's an end-to-end strategy that brands can leverage to create a competitive advantage," says Corey Apirian, CEO and Founder of Davinci.

Posting of Circular and Notice of General Meeting

Retrieved on: 
Thursday, December 14, 2023

Molten Ventures plc (LSE: GROW, Euronext Dublin: GRW) is pleased to confirm that, further to the announcements on 27 November 2023 in relation to a proposed Placing, Subscription, Retail Offer and Offer for Subscription (the "Issue"), a Circular which contains a notice of general meeting (the "Circular") and form of proxy is now available to view on the Company's website at https://investors.moltenventures.com/investor-relations/plc/documents.

Key Points: 
  • Molten Ventures plc (LSE: GROW, Euronext Dublin: GRW) is pleased to confirm that, further to the announcements on 27 November 2023 in relation to a proposed Placing, Subscription, Retail Offer and Offer for Subscription (the "Issue"), a Circular which contains a notice of general meeting (the "Circular") and form of proxy is now available to view on the Company's website at https://investors.moltenventures.com/investor-relations/plc/documents.
  • The General Meeting has been convened for 10.00 a.m. on 14 December 2023 at 20 Garrick Street, London WC2E 9BT.
  • The latest time for applications under the Offer for Subscription is 11.00 a.m. on 12 December 2023.
  • Capitalised terms used in this announcement which have not been defined have the meanings given to them in the Circular, unless the context provides otherwise.

Summer Announces Combined $68M in Series A Round and Debt Facility to Innovate New Approach to Vacation Homeownership

Retrieved on: 
Wednesday, November 8, 2023

"Summer removes the barriers and risk around buying and owning a vacation home,” said Paul Kromidas, CEO and founder of Summer.

Key Points: 
  • "Summer removes the barriers and risk around buying and owning a vacation home,” said Paul Kromidas, CEO and founder of Summer.
  • I'm excited to lead Summer on its mission to democratize vacation home ownership."
  • Summer will use the new funding to accelerate technological development, focusing on the advancement of proprietary acquisitions and the platform’s underwriting engine.
  • “Summer makes it possible for families to own and enjoy a second home, while streamlining the process of finding, furnishing and renting.

Fillogic Closes $13 Million in Series A Funding to Pioneer "Channel-Free Logistics"

Retrieved on: 
Wednesday, November 8, 2023

NEW YORK, Nov. 8, 2023 /PRNewswire/ -- Fillogic , the leading technology platform for Channel-Free Logistics, is thrilled to announce the closing of its $13 million Series A funding round, led by Revelry Venture Partners ("RVP").

Key Points: 
  • NEW YORK, Nov. 8, 2023 /PRNewswire/ -- Fillogic , the leading technology platform for Channel-Free Logistics, is thrilled to announce the closing of its $13 million Series A funding round, led by Revelry Venture Partners ("RVP").
  • This capital will fast-track Fillogic's product development and nationwide expansion of its highly efficient, sustainable logistics technology ecosystem.
  • Partnering with the largest shopping mall owners, Fillogic offers its customers a cost-effective and eco-friendly middle-mile logistics network, slashing logistics expenses by up to 50%.
  • "Fillogic is reinventing the retail ecosystem for a channel-free future," said Fillogic Founder and CEO, Bill Thayer.

Rockwell Automation Makes Strategic Investment in Momenta Fund that Develops Sustainable, Human-Centric Industrial Technology of the Future

Retrieved on: 
Tuesday, November 7, 2023

Switzerland-based Momenta launched the $100 million fund in cooperation with the EU Commission to support start-up companies working to advance the Commission’s Industry 5.0 initiative.

Key Points: 
  • Switzerland-based Momenta launched the $100 million fund in cooperation with the EU Commission to support start-up companies working to advance the Commission’s Industry 5.0 initiative.
  • It puts people at the center by empowering them with information and technology to make decisions with clarity and confidence.
  • They define industrial automation and digital transformation in North America and have been expanding their global presence under an impressive leadership team.
  • Momenta’s focus for the past decade has been investing in companies driving industrial impact, and we could not think of a better partner for this Industry 5.0 fund than Rockwell Automation.”