Initialized Capital

Ship Essential Acquires Carry Adding Same-Day Delivery For The Price Of Ground Shipping

Retrieved on: 
Friday, March 15, 2024
Runway, Hyperlocal, Communication, Somatosensory system, Acquisition, Ship, Rent the Runway, Initialized Capital, SKU, System, Atom, Warehouse

Brooklyn, NY, March 15, 2024 (GLOBE NEWSWIRE) -- Ship Essential , the high touch local fulfillment company, today announces the acquisition of Carry, the innovative same-day local delivery startup.

Key Points: 
  • Brooklyn, NY, March 15, 2024 (GLOBE NEWSWIRE) -- Ship Essential , the high touch local fulfillment company, today announces the acquisition of Carry, the innovative same-day local delivery startup.
  • “Carry’s inventive and scalable approach to local delivery fits right in with Ship Essential’s high touch fulfillment ethos,” said Ship Essential Founder, David J Sitt.
  • Carry picks up orders from retailers and warehouse locations, including Ship Essential's Brooklyn facility.
  • Ship Essential was founded on the belief that every aspect of fulfillment is ready for improvement.

Defense Startup Picogrid Raises $12M to Connect Defense Systems

Retrieved on: 
Tuesday, March 26, 2024
Giant, Entrepreneurship, Original equipment manufacturer, Risk, AI, Software, IDIQ, Initialized Capital, Unmanned aerial vehicle, Ecosystem, API, Pentagon

Picogrid builds a unified platform for autonomous systems, creating an open ecosystem of defense technology suppliers.

Key Points: 
  • Picogrid builds a unified platform for autonomous systems, creating an open ecosystem of defense technology suppliers.
  • The company's technology helps connect and remotely control sensors, drones, command interfaces, and other notoriously fragmented defense systems.
  • The core of Picogrid's technology lies in Legion , its cloud-based API used to connect and control various third-party autonomous systems.
  • "It's not just about having the most sophisticated defense systems; it's about how these systems work together as a singular force.

Stellar Sleep Raises $6M to Help End Sleeplessness With the First Digital Sleep Therapy Platform for Chronic Insomnia

Retrieved on: 
Tuesday, February 6, 2024
Stellar, Cognitive behavioral therapy, Anxiety, Sleep, SAN, Life, CBT, Y Combinator, Meditation, Research, News, Motivational interviewing, Splenic infarction, Investment, Burnout, Depression, Mental health, Insomnia, Sleep apnea, Psychology, Health, Screen time, Initialized Capital, Organization, Nursing

More than 25 million Americans suffer from chronic insomnia - meaning sleep problems 3+ nights a week for 3+ months.

Key Points: 
  • More than 25 million Americans suffer from chronic insomnia - meaning sleep problems 3+ nights a week for 3+ months.
  • This seed funding represents a significant milestone for Stellar Sleep, providing the ability to further expand capacity and reach.
  • Finally, Stellar Sleep helps users manage the user’s chronic sleep issues over the long run using psychology.
  • “Stellar Sleep is the solution that we wish we had during our multi-year struggle with chronic insomnia,” said Wang.

Booz Allen Invests in Albedo to Develop Very Low Earth Orbit (VLEO) Satellite Constellation

Retrieved on: 
Tuesday, January 23, 2024
Hardware, Other Defense, Contracts, Security, Satellite, Government Technology, Photography, Technology, Audio, Video, Defense, Military, Other Technology, Telecommunications, Software, Networks, Mobile, Wireless, Giant, International Space Station, United States Space Force, Investment, VLEO, Y Combinator, Computer security, Agriculture, Intelligence, Booz Allen Hamilton, Federation, Privacy, NASA, Department of Defence, Breakthrough Energy, UAV, LEO, Climate, Engineering, Cypress, Initialized Capital, Communications satellite

Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Albedo , the first company to operate satellites in very low earth orbit (VLEO), which enables them to offer ultra-high resolution commercial imagery from space.

Key Points: 
  • Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Albedo , the first company to operate satellites in very low earth orbit (VLEO), which enables them to offer ultra-high resolution commercial imagery from space.
  • This investment supports Albedo’s operational constellation deployment and is aligned to Booz Allen’s efforts to accelerate U.S. space capabilities with the power of data.
  • “Albedo is revolutionizing the industry by making high-resolution images and imagery-as-a-service more accessible and affordable, both commercially and for the federal government,” said Travis Bales , managing director of Booz Allen Ventures.
  • Previous Booz Allen Ventures investments include Latent AI , Synthetaic , Reveal Technology , Credo AI , Hidden Level , Shift5 , Hidden Layer , and Second Front (2F ).

Albedo Raises $35M to Commercialize Very Low Earth Orbit (VLEO)

Retrieved on: 
Tuesday, January 23, 2024
Technology, Other Defense, Satellite, Photography, Aerospace, Manufacturing, Audio, Video, Software, Defense, Giant, VLEO, Y Combinator, Multimedia, Climate change, Albedo, Initialized Capital, Data collection, Breakthrough Energy, Surveying

Albedo , the first company to offer aerial quality imagery from space - enabled by the new orbit frontier of VLEO (very low earth orbit) - today announced a $35M Series A-1 financing round led by Standard Investments , bringing the company’s total funding to $97M.

Key Points: 
  • Albedo , the first company to offer aerial quality imagery from space - enabled by the new orbit frontier of VLEO (very low earth orbit) - today announced a $35M Series A-1 financing round led by Standard Investments , bringing the company’s total funding to $97M.
  • Scene content, such as vehicles present and an operating gas compressor, are examples of possible activity indicators.
  • In addition, Ben Sampson, Managing Director of Standard Investments, will join the Albedo Board of Directors.
  • By rethinking the traditional approach to earth observation satellites, namely developing a stable, agile platform to operate at very low altitudes, Albedo is able to collect data at an exquisite quality with cost-effective, mid-sized satellites.

CoordinateHQ Raises $5.5 Million Seed Round for Collaboration Platform

Retrieved on: 
Tuesday, November 28, 2023
Technology, Marketing, Advertising, Communications, Business, Professional Services, Small Business, Software, Other Professional Services, Investment, Acquisition, Culminating project, Initialized Capital, Friction, Asset management

CoordinateHQ , a project management system for client service organizations, announced the closing of a $5.5m seed round.

Key Points: 
  • CoordinateHQ , a project management system for client service organizations, announced the closing of a $5.5m seed round.
  • The funding was led by Initialized Capital , with investments from Webb Investment Network and a number of prominent angel investors.
  • CoordinateHQ removes the complexity and inefficiencies inherent in established software solutions, making it easy for hybrid teams and clients to work together.
  • “Our average customer has tried multiple software products without seeing clear returns,” stated Rick Morrison, CEO of CoordinateHQ.

Tracy Young, Co-founder and CEO of TigerEye, Joins Jen Wolf, Managing Partner at Initialized Capital, On Stage at Slush in Helsinki

Retrieved on: 
Monday, November 20, 2023
Expo, Horizon, Initialized Capital, Slush, Tiger

HELSINKI, Nov. 20, 2023 /PRNewswire/ -- Tracy Young, co-founder and CEO of TigerEye , and Jen Wolf, Managing Partner at Initialized Capital , will be speaking at Slush , the world's leading startup event, on Thursday, November 30 at 7:49 am ET/14:49 EET on the Horizon stage at the Expo and Convention Centre Helsinki (Messukeskus).

Key Points: 
  • HELSINKI, Nov. 20, 2023 /PRNewswire/ -- Tracy Young, co-founder and CEO of TigerEye , and Jen Wolf, Managing Partner at Initialized Capital , will be speaking at Slush , the world's leading startup event, on Thursday, November 30 at 7:49 am ET/14:49 EET on the Horizon stage at the Expo and Convention Centre Helsinki (Messukeskus).
  • Tracy Young will also share insights and lessons from her previous startup and how she applies them at TigerEye.
  • Jen Wolf will share advice she gives founders from her experience building teams and fostering cultures at startups and at Initialized.
  • "I'm excited to speak at Slush and meet with global entrepreneurs," said Tracy Young, co-founder and CEO of TigerEye.

Dropbox Co-Founder Leads Clockwork’s Community Investment Round with Over $5,600,000 Raised, Inviting the Public to Invest Alongside Renowned Investors

Retrieved on: 
Tuesday, October 17, 2023
Technology, Finance, Professional Services, Cosmetics, Robotics, Retail, Crowdfunding, Artificial Intelligence, Consumer Electronics, Partnership, E.l.f. (cosmetics), Dropbox, Investment, Frontier Natural Products Co-op, ARR, San Diego State University, Uber, Rockefeller Center, Initialized Capital, Airport, Growth, Beauty, Feedback, Cryptocurrency, Clorox, Clockwork, Coinbase, Nvidia, Instacart

Clockwork , a pioneering self-care robotics company, has announced the launch of its investment round on Wefunder , inviting the general public to join the venture transforming the $1.5T self-care industry.

Key Points: 
  • Clockwork , a pioneering self-care robotics company, has announced the launch of its investment round on Wefunder , inviting the general public to join the venture transforming the $1.5T self-care industry.
  • With $5.6 million raised from prominent investors, Clockwork is now opening a community investment round to the public, led by Arash Ferdowski, Dropbox Co-Founder and former CTO.
  • This presents a unique opportunity for retail investors to invest alongside prominent venture capitalists and institutional investors.
  • Clockwork’s flagship product is an AI-powered robot that offers automated manicures with speed and precision, all while being cost-efficient for customers.

Ten Years After Launch, True Link Has Helped 250,000 Families Through Financial Challenges of Aging, Disability, Mental Health and Addiction

Retrieved on: 
Tuesday, August 22, 2023
Technology, Health, Finance, Consumer, Apps, Applications, Banking, Asset Management, Professional Services, People with Disabilities, Mental Health, Software, Other Consumer, Fintech, Seniors, Life, Fifth Third Bank, Disability, ABLE, Ageing, Nippon Life, Trust, Khosla Ventures, Y Combinator, Initialized Capital, Amnesia, Addiction, Fraud, True Link, Insurance, Transpose

97% of customers would recommend True Link to a friend.

Key Points: 
  • 97% of customers would recommend True Link to a friend.
  • Founded in 2013, True Link’s mission is to increase the independence and well-being of the vulnerable aging, people with disabilities, those recovering from addiction, and the people who care for them.
  • And really, I couldn't believe that it was true.”
    Every year, True Link helps prevent approximately $175M in fraud and unwanted purchases for our customers aged 60+.
  • Over the decade since we launched, we have saved our customers an estimated $7.4 million in check cashing fees.

Datasaur Secures $4M and Unveils New Feature Dinamic to Train Custom Natural Language Processing Models

Retrieved on: 
Thursday, August 3, 2023
Natural language processing, LLM, OpenAI, NLP, Translation, Data, SAN, Algorithm, Initialized Capital, Qualtrics, Growth, Data science, Cryptocurrency, Mobile phone, Spotify

SAN FRANCISCO, Aug. 3, 2023 /PRNewswire/ -- Datasaur, a leading natural language processing (NLP) platform that helps annotators train AI algorithms, today announced the close of a $4 million seed funding round and launched a new feature, Datasaur Dinamic, allowing users to easily train custom NLP models. The round was led by Initialized Capital with participation from HNVR, Gold House Ventures, and TenOneTen, bringing Datasaur's total funding to date to $7.9 million. The latest investment will be used to democratize access to the latest advancements in NLP and LLM technology.

Key Points: 
  • SAN FRANCISCO, Aug. 3, 2023 /PRNewswire/ -- Datasaur , a leading natural language processing (NLP) platform that helps annotators train AI algorithms, today announced the close of a $4 million seed funding round and launched a new feature, Datasaur Dinamic, allowing users to easily train custom NLP models.
  • With Datasaur's new product Dinamic, users can take this labeled data one step further with a click of a single button to train a custom NLP model.
  • "I've long observed that the primary differentiating factor between NLP models is the underlying training data," said Ivan Lee, CEO and founder of Datasaur.
  • Datasaur Dinamic now allows non-technical teams to build and develop their own proprietary NLP solutions.