The Alchemist Accelerator

Japan Startup Aillis Wins $1 Million Grand Prize at Startup World Cup 2023, Organized by Pegasus Tech Ventures

Retrieved on: 
Thursday, December 7, 2023
Intel Capital, SAN, Grand Finale, Lightspeed Venture Partners, Shark Tank, Biotechnology, Silicon, T-Mobile, Uber, Startup company, Norwest Venture Partners, Dementia, Waymo, AI, Roblox, Vinod Khosla, The Alchemist Accelerator, Cryptocurrency, Ailly-sur-Noye

SAN JOSE, Calif., Dec. 7, 2023 /PRNewswire/ -- Months of preparation and pitching by thousands of entrepreneurs around the world came down to ten finalists at the Startup World Cup Grand Finale event on December 1, 2023, at the Hilton Union Square in San Francisco. The event was organized and by Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm. A panel of investors judged the pitches of the ten finalists and ultimately awarded the grand prize - a $1 million investment - to Aillis, a machine-learning based AI company which uses pharyngeal images instead of specimen collected by swab to make accurate and early influenza detection possible. Aillis won the regional Startup World Cup competition in Tokyo, Japan.

Key Points: 
  • The event was organized and by Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm.
  • Aillis won the regional Startup World Cup competition in Tokyo, Japan.
  • Other finalist companies competing for the $1 million investment prize included companies from Thailand, Luxembourg, Korea, Colombia, Georgia, Japan, and Mexico, as well as regional winners from Sacramento and Silicon Valley in the U.S.
  • We congratulate the Aillis team for their tremendous success and hard work at the Startup World Cup 2023 Grand Finale," said Anis Uzzaman, Founder and CEO of Pegasus Tech Ventures and Chairman of Startup World Cup.

Hastings Expands Telecom Services Platform with Investment in Accelerated Communications

Retrieved on: 
Thursday, June 29, 2023
Insurance, Maintenance, Forvie National Nature Reserve, Partnership, Internet service provider, Telecommunications, Internet, KSM, Acquisition, The Company, Free Enterprise Fund v. Public Company Accounting Oversight Board, Investment, Hastings, Growth, Entrepreneurship, Cryptocurrency, The Alchemist Accelerator

BOSTON, June 29, 2023 /PRNewswire-PRWeb/ -- Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle-market businesses, is pleased to announce that its Fund V portfolio company, GridSource Incorporated ("GridSource"), has partnered with Accelerated Communications & Construction ("Accelerated" OR "The Company"). This is the second company GridSource has added to the platform since Hastings acquired GridSource in December 2022.

Key Points: 
  • This is the second company GridSource has added to the platform since Hastings acquired GridSource in December 2022.
  • Rob Scaramella, Managing Director at Hastings, said of the investment, "The partnership with Accelerated is an exciting addition to our platform.
  • "Hastings is building an exciting telecommunications services platform with GridSource and their subsequent add-on investments in WiseConnect and Accelerated," said Jason Evert, Co-Founder of Accelerated.
  • Locke Lord provided legal counsel, KSM provided financial advisory services, Forvis provided tax services, and Equity Risk Solutions provided insurance services to Hastings on the acquisition.

Masthead Data Raises $1.3M to Provide Observability Without Requiring Client Data Access or Increasing Cloud Costs

Retrieved on: 
Thursday, June 15, 2023
Cloud, Metadata, SQL, Yalo, Table, Intelligence, The Alchemist Accelerator, Privacy, Monochrome, Cloud computing, Organization, Running, Risk, Anomaly, Map, Google Cloud, Glass, Surveying, Cryptocurrency, Snowflake, Yuliia Paievska, Masthead, Looker

TORONTO, June 15, 2023 /PRNewswire/ -- Masthead Data, the first data observability platform that relies only on logs and metadata, today announced it has raised $1.3M in pre-seed funding led by focal, with participation from SMOK Ventures, DEPO Ventures, Monochrome, and Alchemist Accelerator. Angel investors from Snowflake, ex-Uber employees, ex-Googlers, privacy and security professionals also participated in the round.

Key Points: 
  • Software observability emphasizes log-centric monitoring of system performance, but current approaches to data observability rely on running SQL queries on the data, and therefore require at minimum read access to client data, while also contributing to compute costs.
  • First, it does not require access to client data, ensuring that their data remains untouched, private, and secure.
  • Masthead proactively alerts data teams about data or pipeline issues so data engineers can prevent them from affecting business users."
  • Because it doesn't directly access any proprietary data and the data never leaves the client environment, Masthead can be up and running in less than 15 minutes.

Vezbi Super App Adds Leadership to AI Division

Retrieved on: 
Thursday, May 18, 2023
SK Telecom, Super-app, AIS, IPO, SoftBank Group, WPFH, The Alchemist Accelerator, MCI, National Football League, OTC, Growth, Ecosystem, AI, Lumen Technologies, Rhythm, Medical device, Lucent, New Zealand Parliament

Mr. Stone will guide the launch of the Vezbi AI Marketplace into the Vezbi ecosystem which will bring together all of the various AIs (e.g.

Key Points: 
  • Mr. Stone will guide the launch of the Vezbi AI Marketplace into the Vezbi ecosystem which will bring together all of the various AIs (e.g.
  • In addition, Mr. Stone will advise and guide the development of Vezbi's AI Virtual Assistant which will help users manage and organize their digital and real world lives.
  • Vezbi sees the adoption of AI into its ecosystem as the ultimate evolution of the Super App.
  • Anyone who is interested in joining or collaborating with the Vezbi AI Marketplace, please contact [email protected]

AI Startup BeCause Advances Tourism Sustainability Practices with Strong Support from Angel Investors

Retrieved on: 
Wednesday, May 17, 2023
Online, Data management, Travel, Booking.com, Because, The Alchemist Accelerator, Tourism, OTA, Steensgaard's algorithm, Certification, Acquisition, Green Key, Investment, Frederick, Cord, Copenhagen School, Danske Bank, Automation, Cryptocurrency, Security (finance), Entrepreneurship

COPENHAGEN, Denmark, May 17, 2023 /PRNewswire/ -- BeCause, the trailblazing startup transforming how the hospitality, travel, and tourism industries manage their sustainability data, has announced a significant early investment from renowned Danish entrepreneurs-turned-investors Carsten Mahler and Daniel Heskia. The $450,000 investment provides important financial backing for the Danish company's next phase and brings valuable strategic guidance and advice from seasoned investors known for identifying successful enterprises and generating significant returns.

Key Points: 
  • The startup's AI-powered sustainability hub simplifies, speeds up, and reduces costs for sustainability management in the tourism industry, freeing up resources and allowing for greater real-world impact.
  • The investors' success with FundConnect, which manages financial data similarly to how BeCause handles sustainability data, highlights their expertise in creating and scaling digital ecosystems.
  • It also points to the potential of future applications for BeCause's sustainability data solutions beyond the travel and tourism sector.
  • Other investors in BeCause include Innovation Fund Denmark, Alchemist Accelerator, the Copenhagen School of Entrepreneurship, Vækstfonden, and Corde Invest.

AI Startup BeCause Advances Tourism Sustainability Practices with Strong Support from Angel Investors

Retrieved on: 
Wednesday, May 17, 2023
Online, Data management, Travel, Booking.com, Because, The Alchemist Accelerator, Tourism, OTA, Steensgaard's algorithm, Certification, Acquisition, Green Key, Investment, Frederick, Cord, Copenhagen School, Danske Bank, Automation, Cryptocurrency, Security (finance), Entrepreneurship

COPENHAGEN, Denmark, May 17, 2023 /PRNewswire/ -- BeCause, the trailblazing startup transforming how the hospitality, travel, and tourism industries manage their sustainability data, has announced a significant early investment from renowned Danish entrepreneurs-turned-investors Carsten Mahler and Daniel Heskia. The $450,000 investment provides important financial backing for the Danish company's next phase and brings valuable strategic guidance and advice from seasoned investors known for identifying successful enterprises and generating significant returns.

Key Points: 
  • The startup's AI-powered sustainability hub simplifies, speeds up, and reduces costs for sustainability management in the tourism industry, freeing up resources and allowing for greater real-world impact.
  • The investors' success with FundConnect, which manages financial data similarly to how BeCause handles sustainability data, highlights their expertise in creating and scaling digital ecosystems.
  • It also points to the potential of future applications for BeCause's sustainability data solutions beyond the travel and tourism sector.
  • Other investors in BeCause include Innovation Fund Denmark, Alchemist Accelerator, the Copenhagen School of Entrepreneurship, Vækstfonden, and Corde Invest.

Metabob Launches New AI generative VSCode Extension for Revolutionary Software Code Debugging and Refactoring Tool

Retrieved on: 
Thursday, May 4, 2023
NEC, Learning, GitHub, GitHub Copilot, PALO, Policy, ChatGPT, Intelligence, Human, The Alchemist Accelerator, Visual Studio Code, First officer (aviation), IDE, Medical device, Network equipment provider, AI

PALO ALTO, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- Metabob announced today a new artificial intelligence (AI)-powered virtual studio code (VSCode) extension for its debugging and refactoring tool that speeds software development code review by 60%.

Key Points: 
  • PALO ALTO, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- Metabob announced today a new artificial intelligence (AI)-powered virtual studio code (VSCode) extension for its debugging and refactoring tool that speeds software development code review by 60%.
  • There is a growing use of AI systems for code generation, however, code is still mainly reviewed either manually or by using rule-based systems.
  • Software developers are valuable for their ability to produce code, and their productivity is reduced when fixing bugs,” said Massi Genta, CEO, Metabob.
  • "We are excited to announce the new release of the Metabob VSCode extension,” said Shige Ihara, president and CEO, NEC X.

Flyhound Takes Off with Patented Missing Person Location Technology and Graduates from NEC X’s Venture Studio Program

Retrieved on: 
Wednesday, January 18, 2023
Wellness, PALO, Learning, Tree, Organization, X, TELUS, The Alchemist Accelerator, CO, Survivor, IEEE Xplore, Cell, NEC, Earthquake, Satellite navigation device

The search for missing people and disaster victims can be a time-sensitive task, and with the Flyhound solution, a missing person can be located in just 30 minutes within a 50-meter radius.

Key Points: 
  • The search for missing people and disaster victims can be a time-sensitive task, and with the Flyhound solution, a missing person can be located in just 30 minutes within a 50-meter radius.
  • Flyhound incorporates patented technology, developed by NEC Laboratories Europe , that can be mounted on a drone to triangulate cellular signals from the mobile devices of missing people and disaster victims.
  • Flyhound has been accepted into Alchemist Accelerator and the TELUS Community Safety and Wellness Program to enhance their business launch.
  • Those interested in participating or learning more about NEC X’s Venture Studio Program as entrepreneurs, partners or investors can visit https://nec-x.com or email [email protected] .

Regent Bank Names Peter Mullen Director of Venture and Tech Banking

Retrieved on: 
Wednesday, January 4, 2023
The Black Wall Street, Growth, Insurance, Greenwood District, Tulsa, Mentorship, Tulsa race massacre, Silicon, OK, The Alchemist Accelerator, Hewlett-Packard, Nightclub, Management, Bank, San Francisco Bay Area, Regent

TULSA, Okla., Jan. 4, 2023 /PRNewswire/ -- Regent Bank has named Peter Mullen Director of Venture and Tech Banking, as the migration of talent from traditional innovation hubs like the Bay Area and NYC continues to Midwestern cities.

Key Points: 
  • TULSA, Okla., Jan. 4, 2023 /PRNewswire/ -- Regent Bank has named Peter Mullen Director of Venture and Tech Banking, as the migration of talent from traditional innovation hubs like the Bay Area and NYC continues to Midwestern cities.
  • Mullen is a veteran of the Silicon Valley tech scene, with decades of experience in IT, product and business development.
  • "Tech and innovation are the future of our economy," Regent Bank Chairman and CEO Sean Kouplen said.
  • Regent Bank was founded in 1898 in Nowata, OK, and was acquired by Regent Capital Corporation 14 years ago.

YC and Alchemist-backed Segmed Raises $5.2M Funding Round and Launches Medical Real World Imaging Platform

Retrieved on: 
Tuesday, November 15, 2022
Algorithm, Health, Hand, The Alchemist Accelerator, Medicine, Acquisition, Compliance, PALO, Privacy, Insight, Research, Multimedia, CEO, Hospital, AI, Igan, Seed, Medical device, Investment

Segmed Insight was built with the goal of getting high-quality, real-world medical imaging datasets in the hands of clinicians, researchers and developers; particularly those seeking to train or validate their AI algorithms.

Key Points: 
  • Segmed Insight was built with the goal of getting high-quality, real-world medical imaging datasets in the hands of clinicians, researchers and developers; particularly those seeking to train or validate their AI algorithms.
  • Medical researchers and AI developers using Segmed Insight can conduct a search, view studies and reports matching their search criteria, and construct datasets specific to their parameters.
  • By forging partnerships with healthcare systems, hospitals and imaging clinics across 1,000 locations on 5 continents, Segmed has done the heavy lifting when it comes to aggregating diverse medical data.
  • They have real time access to machine-readable data with a focus on medical imaging, which is an invaluable type of data for healthcare.