WINT

WINT joins the Mayor of London's exclusive Grow London Global programme, setting stage for rapid international acceleration

Retrieved on: 
Thursday, February 22, 2024

NEW YORK, Feb. 22, 2024 /PRNewswire/ -- WINT Water Intelligence, a leader in water management and leak-prevention solutions for construction, commercial, residential and industrial applications, has been named as part of the Grow London Global Cohort 3 – a prestigious programme supporting innovative startups as they scale and expand their international presence out of the United Kingdom and build new global markets.

Key Points: 
  • Grow London Global is a 12-month programme for businesses with a presence in London that want to expand internationally.
  • We're honored to join this elite cohort and proud that Grow London Global recognizes the powerful results and value we offer to the global market."
  • Grow London Global is an arm of London & Partners and supported by the Mayor of London.
  • "I am delighted to welcome WINT to Grow London Global (GLG), the successor to the hugely successful Mayor's International Business Programme," said Sara French, director of trade & growth, Grow London Global.

WINT builds on success of 2023 to accelerate growth and innovation

Retrieved on: 
Wednesday, January 10, 2024

NEW YORK, Jan. 10, 2024 /PRNewswire/ -- As organizations around the world face rising costs related to water damage and increased focus on water sustainability, WINT Water Intelligence is building on its success in 2023 to continue solving these challenges for insurance, construction, facilities, and property management companies.

Key Points: 
  • In addition, WINT's solutions prevented over 900 water damage incidents with a total damage potential of tens of millions of dollars.
  • WINT's success in preventing water damage has helped accelerate the growth of its insurance network, which includes carriers, brokers, MGAs and risk-engineering firms and has nearly tripled during the year.
  • "Our achievements in 2023 reflect the serious need for lasting solutions to the problems and costs associated with leaks, water waste and water damage," said Alon Geva, CEO of WINT.
  • WINT is used globally by customers including the Empire State Building, HP, PepsiCo, Suffolk Construction, as well as many other leading enterprises, general contractors (GCs) and facility owners.

WINT joins global ESG Impact innovation program to deliver AI-based water sustainability solutions to the real asset industry

Retrieved on: 
Thursday, October 19, 2023

NEW YORK, Oct. 19, 2023 /PRNewswire/ -- WINT Water Intelligence, a leader in cutting-edge water management and leak-prevention solutions for construction, commercial, residential and industrial applications, has been selected for the coveted ESG Impact innovation program for 2023. ESG Impact is run by RealTechX, the programs arm of leading real asset technology investor, Taronga Ventures. The program supports technology and innovation solutions addressing critical environmental, social and corporate governance (ESG) priorities in the real asset industry.

Key Points: 
  • ESG Impact is run by RealTechX, the programs arm of leading real asset technology investor, Taronga Ventures.
  • The program supports technology and innovation solutions addressing critical environmental, social and corporate governance (ESG) priorities in the real asset industry.
  • The ESG Impact innovation program in 2023 supports 12 emerging global technology solutions to achieve sustained growth through deep partner collaboration, mentoring, and investment opportunities.
  • WINT is one of 12 global innovation companies chosen from more than 300 applicants to participate in the innovation program.

WINT announces $35 million Series C funding round

Retrieved on: 
Thursday, August 10, 2023

NEW YORK, Aug. 10, 2023 /PRNewswire/ -- WINT Water Intelligence, the leader in cutting-edge water management and leak-prevention solutions for construction, commercial, residential and industrial applications, has completed a $35 million Series C funding round to drive continued growth and innovation in AI- and IoT-based solutions for managing water and mitigating water damage throughout a building's lifecycle.

Key Points: 
  • The round was co-led by Inven Capital, a leading European climate tech fund, and global software investor Insight Partners, which also led WINT's B round.
  • The round was joined by Taronga Ventures, one of the world's leading real asset technology investors, and other prop-tech and construction-tech investors, providing WINT strategic access to new markets.
  • "Their exponential growth, focus on customer value, cutting-edge technology, and ability to deliver globally are a uniquely powerful combination.
  • The successful C round supports WINT's global market expansion and technological innovation.

Suffolk Technologies Hosts Robotics in Construction Event in Partnership With MassRobotics, Bringing Construction Innovation to Massachusetts

Retrieved on: 
Thursday, June 22, 2023

To explore how this booming trend can benefit the industry, Suffolk Technologies , the venture capital platform funding the next generation of companies solving built environment challenges, recently hosted Robotics in Construction 2023 at Suffolk Construction’s Roxbury headquarters in partnership with MassRobotics .

Key Points: 
  • To explore how this booming trend can benefit the industry, Suffolk Technologies , the venture capital platform funding the next generation of companies solving built environment challenges, recently hosted Robotics in Construction 2023 at Suffolk Construction’s Roxbury headquarters in partnership with MassRobotics .
  • "Robots can help to improve safety and accuracy as well as provide services in areas where there are labor shortages.
  • We were happy to collaborate with Suffolk and Suffolk Technologies in showcasing some of these innovative solutions to the construction industry."
  • The inclusion of Operating Partners is designed to share construction innovation throughout the built world, echoing the mission of Suffolk Technologies’ partnership with MassRobotics, Autodesk and Hilti to host this year’s Robotics in Construction event.

Suffolk Technologies Receives GlobeSt. Real Estate Forum’s Influencer in CRE Technology 2023 Award

Retrieved on: 
Tuesday, April 25, 2023

Real Estate Forum’s Influencers in CRE Technology 2023 awards, which honor innovative CRE tech professionals, organizations and teams whose industry advancements are furthering practices and promoting efficiencies.

Key Points: 
  • Real Estate Forum’s Influencers in CRE Technology 2023 awards, which honor innovative CRE tech professionals, organizations and teams whose industry advancements are furthering practices and promoting efficiencies.
  • The awards also highlight experts that have impacted the CRE marketplace through new and/or improved technology applications.
  • The platform invests in early and growth-stage startups transforming the built world across real estate and development, architecture, engineering and construction, property management, and smart cities.
  • “The built environment, spanning real estate and construction, has an opportunity to improve dramatically in the areas of productivity, affordability, and sustainability with the help of new technology solutions,” said Wan Li Zhu, Co-Founder and Managing Director at Suffolk Technologies.

WINT and HSB offer water damage warranty to protect contractors and developers from rising water damage costs

Retrieved on: 
Thursday, April 20, 2023

NEW YORK, April 20, 2023 /PRNewswire/ -- WINT Water Intelligence, a leader in cutting-edge water management and leak-prevention solutions for construction, commercial, residential and industrial applications, and HSB, a multi-line specialty insurer that is part of the Munich Re family, announce the launch of a groundbreaking initiative to protect general contractors and developers from the steeply rising costs of water damage in the construction industry.

Key Points: 
  • Water damage continues to be a source of significant risk in buildings and on jobsites.
  • As insurers face rising payouts for water damage claims, deductibles have climbed sharply, resulting in a severe impact on profitability for contractors and developers.
  • The innovative HSB warranty program is available for contractors and developers who use WINT to protect job sites from water damage.
  • WINT equips contractors, developers, owners and facility management teams with a cutting-edge solution for managing water throughout the lifecycle of a building, from construction to operation.

Windtree Therapeutics Reports Fourth Quarter and Year-End 2022 Financial Results and Provides Key Business Updates

Retrieved on: 
Monday, April 3, 2023

WARRINGTON, Pa., April 03, 2023 (GLOBE NEWSWIRE) -- Windtree Therapeutics, Inc. (NasdaqCM: WINT), a biotechnology company focused on advancing multiple late-stage interventions for cardiovascular disorders, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022 and provided key business updates.

Key Points: 
  • WARRINGTON, Pa., April 03, 2023 (GLOBE NEWSWIRE) -- Windtree Therapeutics, Inc. (NasdaqCM: WINT), a biotechnology company focused on advancing multiple late-stage interventions for cardiovascular disorders, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022 and provided key business updates.
  • Research and development expenses were $1.2 million for the fourth quarter of 2022, compared to $4.5 million for the fourth quarter of 2021.
  • General and administrative expenses for the fourth quarter of 2022 were $2.2 million, compared to $3.0 million for the fourth quarter of 2021.
  • For the fourth quarter ended December 31, 2022, the Company reported an operating loss of $10.8 million, compared to an operating loss of $14.7 million in the fourth quarter of 2021.

Suffolk Technologies Tops Industry List As #1 Most Active Construction Tech VC Investor

Retrieved on: 
Tuesday, April 4, 2023

Suffolk Technologies , Suffolk’s built environment venture capital firm, has been named the number one most active construction tech VC investor, outpacing 15 of its competitors in the latest market research from global tech-focused investment bank AGC Partners.

Key Points: 
  • Suffolk Technologies , Suffolk’s built environment venture capital firm, has been named the number one most active construction tech VC investor, outpacing 15 of its competitors in the latest market research from global tech-focused investment bank AGC Partners.
  • The insights provide a glimpse into how the construction industry is welcoming new solutions and continues to evolve through the implementation of technologies post pandemic.
  • Topping the AGC list of active investors between 2018 and 2022, Suffolk is credited with 21 investments, notably its $14M 2019 investment in OpenSpace .
  • Founded in 2019 – one year into the five-year data set reviewed by AGC research – Suffolk Technologies has made a demonstrable and measurable impact in construction technology.

Windtree Therapeutics Announces Reverse Stock Split

Retrieved on: 
Thursday, February 23, 2023

WARRINGTON, Pa., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Windtree Therapeutics, Inc. (NASDAQ: WINT) (“Windtree” or the “Company”), a biotechnology company focused on advancing multiple late-stage interventions for cardiovascular disorders, today announced that the Company’s Board of Directors has approved a 1-for-50 reverse stock split of its issued and outstanding common stock (the “Reverse Stock Split”).

Key Points: 
  • WARRINGTON, Pa., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Windtree Therapeutics, Inc. (NASDAQ: WINT) (“Windtree” or the “Company”), a biotechnology company focused on advancing multiple late-stage interventions for cardiovascular disorders, today announced that the Company’s Board of Directors has approved a 1-for-50 reverse stock split of its issued and outstanding common stock (the “Reverse Stock Split”).
  • No fractional shares of common stock will be issued as a result of the Reverse Stock Split.
  • The Reverse Stock Split impacts all holders of the Company’s common stock proportionally and will not impact any stockholders’ percentage ownership of common stock (except to the extent the reverse stock split results in any stockholder owning only a fractional share, in which case such share shall be rounded up to one whole share).
  • Stockholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to such broker's particular processes, and will not be required to take any action in connection with the Reverse Stock Split.