Meta

New Fintech Launches with $20 million in Seed Capital, $50m Warehouse to be the First to Combine Credit and International Money Transfer

Retrieved on: 
Tuesday, August 16, 2022 - 5:00pm

SAN FRANCISCO, Aug. 16, 2022 /PRNewswire/ -- Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to combine credit and international money transfer. Pomelo also announced its official launch and availability to serve its first corridor, the Philippines. Keith Rabois at Founders Fund as well as Kevin Hartz, Co-Founder of Xoom and General Partner, at A* Capital led the round with Afore Capital, Xfund, Josh Buckley, the Chainsmokers, and the Weeknd also investing in the round.

Key Points: 
  • Pomelo is a new credit card that allows consumers to extend credit to family overseas to solve remittance transfer.
  • "Pomelo is on a mission to change how international money transfer fundamentally works," said Eric Velasquez Frenkiel, Pomelo founder and CEO.
  • For many of our customers, Pomelo is their first credit card here in the US and the very first card for their loved ones overseas."
  • "Even when financial activity is conducted responsibly, individuals remain credit invisible unless it can be reflected on their credit score.

Dinosaur domination continues with the worldwide debut of the Dinotracker AR mobile app, the official companion app to the global box-office blockbuster Jurassic World Dominion

Retrieved on: 
Tuesday, August 16, 2022 - 5:00pm

With todays highly anticipated in-home release of Universal Pictures Home Entertainments Jurassic World Dominion Extended Edition also comes the global roll-out of the exclusive Dinotracker AR app.

Key Points: 
  • With todays highly anticipated in-home release of Universal Pictures Home Entertainments Jurassic World Dominion Extended Edition also comes the global roll-out of the exclusive Dinotracker AR app.
  • Users must try to find each of the dinosaurs within their natural habitats by scanning the appropriate environments to scale.
  • To download the Dinotracker AR mobile app, visit the Apple App Store or Google Play Store .
  • #JurassicWorldDominion
    Complete the incredible journey that began with Jurassic Park as two generations unite to fight for the future in Jurassic World Dominion.

Meta and DPR Construction Launch Hardhat in Hand in Mesa

Retrieved on: 
Tuesday, August 16, 2022 - 3:15pm

MESA, Ariz., Aug. 16, 2022 /PRNewswire/ -- Meta and DPR Construction have partnered to bring Hardhat in Hand, Meta's nationwide skilled trades training program, to Meta's Mesa Data Center. This paid, eight-week program focuses on recruiting new people to the construction trades and providing participants with fundamental knowledge relevant to all construction and skilled trade occupations. Hardhat in Hand is run in partnership with the Maricopa County Community College District (MCCCD) and the Phoenix-based nonprofit Chicanos Por La Causa.

Key Points: 
  • MESA, Ariz., Aug. 16, 2022 /PRNewswire/ -- Meta and DPR Construction have partnered to bring Hardhat in Hand , Meta's nationwide skilled trades training program, to Meta's Mesa Data Center .
  • "We're grateful for the partnership with DPR Construction, MCCCD and Chicanos Por La Causa to offer this unique training program and help participants launch a career in a high-demand field."
  • According to DPR Construction, there will be 2,000 construction workers on site per day at peak.
  • "Bringing the Hardhat in Hand program to Mesa expands the skilled trade opportunities in our community.

Technovation Girls, World's Largest and Longest Running Techpreneur Competition for Girls, Unveils Winning Teams at 2022 Season World Summit

Retrieved on: 
Tuesday, August 16, 2022 - 1:40pm

LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- The gender gap in technology and STEM is real. Only one in four computing jobs are held by women, there are nearly ten male engineers for every female in the industry and pay gaps, and lack of representation for BIPOC and LGBTQ+ still exists. Far too many girls around the world still lack access to a quality education.

Key Points: 
  • That's the backdrop and context for Technovation's 11th Annual World Summit, held virtually Aug. 12.The Summit recognizes the achievements of girls, ages 8-18, who took part in Technovation Girls, Technovation's 12-week curriculum program.
  • Technovation introduced several new components in its 2022 season, launching a Beginner Division, an AI curriculum and a new Alumnae Changemaker Award, granted to an alumna tackling climate change.
  • In October 2021, Technovation launched the season with a special live discussion about why the success of AI depends on women .
  • Technovation is a global tech education nonprofit that empowers girls to become more confident leaders, creators and problem-solvers.

Apex Clean Energy Secures Financing for 224 MW Great Pathfinder Wind

Retrieved on: 
Tuesday, August 16, 2022 - 1:07pm

Apex Clean Energy today announced the financing of the 224 MW Great Pathfinder Wind project, following the execution of a tax equity commitment from Bank of America.

Key Points: 
  • Apex Clean Energy today announced the financing of the 224 MW Great Pathfinder Wind project, following the execution of a tax equity commitment from Bank of America.
  • Upon completion, Great Pathfinder Wind will support Metas operations under a long-term power purchase agreement for the full capacity of the project.
  • "Apex, as a pure-play renewable energy company, has delivered more than $10 billion of clean energy resources to date, with projects in development to support an additional $50 billion in wind, solar, storage, and green fuels generation facilities, said Mark Goodwin, Apex Clean Energy president and CEO.
  • Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy.

DigitalC, in collaboration with Meta, Brings High-Speed Internet to Affordable Housing Residents in Cleveland

Retrieved on: 
Tuesday, August 16, 2022 - 1:00pm

DigitalC today announced that it has teamed up with Meta to make high-speed internet available to residents of four public housing developments in Cleveland.

Key Points: 
  • DigitalC today announced that it has teamed up with Meta to make high-speed internet available to residents of four public housing developments in Cleveland.
  • "It comes as no surprise that poverty and lack of internet connectivity are intertwined, said Sharon Jordan, DigitalCs Interim CEO.
  • Our partnership with Meta will allow us to help bridge the digital divide in Cleveland by expanding affordable internet access to more people in need.
  • As a result, now nearly 1,100 public housing apartments have access to affordable, high-speed internet.

Instant Teams Ranks No. 208 on the 2022 Inc. 5000 Annual List

Retrieved on: 
Tuesday, August 16, 2022 - 11:00am

208 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing companies in America.

Key Points: 
  • 208 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing companies in America.
  • "Making the Inc. 5000 list has been a goal of mine since becoming an entrepreneur...Founder & CEO Liza Rodewald.
  • "Making the Inc. 5000 list has been a goal of mine since becoming an entrepreneur.
  • The companies on the 2022 Inc. 5000 list have not only been successful but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19.

Women in CyberSecurity (WiCyS) is hosting its Virtual Career Fair

Retrieved on: 
Monday, August 15, 2022 - 8:15pm

COOKEVILLE, Tenn., Aug. 15, 2022 /PRNewswire-PRWeb/ -- Women in CyberSecurity (WiCyS) is hosting its Virtual Career Fair on Wed., Aug. 17, from 11 a.m. to 5 p.m., and is free for all members. Over 40 strategic partners are hosting booths and ready to engage throughout the event with WiCyS members.

Key Points: 
  • Women in CyberSecurity (WiCyS) is hosting its Virtual Career Fair on Wed., Aug. 17, from 11 a.m. to 5 p.m., and is free for all members.
  • COOKEVILLE, Tenn., Aug. 15, 2022 /PRNewswire-PRWeb/ -- Women in CyberSecurity (WiCyS) is hosting its Virtual Career Fair on Wed., Aug. 17, from 11 a.m. to 5 p.m., and is free for all members.
  • WiCyS is dedicated to recruiting, retaining and advancing women within the cybersecurity field, which is a major goal of this virtual event.
  • Women in CyberSecurity (WiCyS) is a nonprofit organization with international reach dedicated to the recruitment, retention and advancement of women in cybersecurity.

Naborforce Closes $9M Series A Financing Round Led by Translink Capital to Support Independent Living for Older Adults

Retrieved on: 
Monday, August 15, 2022 - 5:20pm

RICHMOND, Va., Aug. 15, 2022 /PRNewswire/ -- Naborforce, a high-growth elder tech company that connects older adults to a network of trusted "Nabors" for on-demand support and social engagement, today announced the closing of a $9 million Series A financing round led by Translink Capital.

Key Points: 
  • RICHMOND, Va., Aug. 15, 2022 /PRNewswire/ -- Naborforce, a high-growth elder tech company that connects older adults to a network of trusted "Nabors" for on-demand support and social engagement, today announced the closing of a $9 million Series A financing round led by Translink Capital.
  • Translink Capital, a global venture capital firm headquartered in Silicon Valley, is joined by existing investors Claritas Capital, The Artemis Fund, and TechStars.
  • "We are excited to have Translink Capital as our partner during this next phase of Naborforce's growth," said Paige Wilson, CEO and founder of Naborforce.
  • "Translink Capital firmly believes in the power of connection to address some of the world's most pressing challenges," said Eric Hsia, Managing Director of Translink Capital.

Decentralized Finance Protocols Retrograde and Vortex Announce Merger

Retrieved on: 
Monday, August 15, 2022 - 4:46pm

New York, NY, Aug. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Retrograde and Vortex Protocol, two well-known projects in the decentralized finance space, have signed a first-of-its kind definitive merger agreement. The resulting union of two world-class DeFi entities operating at this level is unprecedented and has spawned one of the largest high-pedigree DeFi teams ever seen within the Cosmos ecosystem. This unparalleled new group of builders who understand DeFi go-to-market and scaling will be known simply as “Vortex” and will be able to draw users from both the Retrograde and Vortex communities, uniting capital and creating a larger and more efficient system overall.

Key Points: 
  • The union creates one of the largest high-pedigree teams currently working in DeFi; combined entity now known as Vortex
    New York, NY, Aug. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Retrograde and Vortex Protocol, two well-known projects in the decentralized finance space, have signed a first-of-its kind definitive merger agreement.
  • Grover, the Head of Growth at Retrograde, said By bringing together these two leading protocols through this merger, we are creating an incredibly strong platform for both retail and institutional adoption.
  • The unique Retrograde-Vortex merger is likely a harbinger for more protocols to follow in various types of consolidation moves.
  • Vortex brings expert technical knowledge to this deal and serves to attract both beginner and advanced users.