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Greenlight Commercial Funding Supports Audacity Zone Developments, INC. with $11 Million Series A Preferred Equity Offering in Cannabis Innovation

Retrieved on:

Friday, March 29, 2024

ATLANTA, March 29, 2024 /PRNewswire/ -- In a landmark move, Greenlight Commercial Funding (GCF) has announced its support for Audacity Zone Developments, INC. through an $11 million Series A Preferred Equity Offering. This underscores the company's unwavering commitment to fostering innovation and growth within the cannabis industry. The initiative is set to propel Audacity Zone, a visionary leader in cannabis processing technology, to new heights of productivity and efficiency.

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ATLANTA, March 29, 2024 /PRNewswire/ -- In a landmark move, Greenlight Commercial Funding (GCF) has announced its support for Audacity Zone Developments, INC. through an $11 million Series A Preferred Equity Offering.
This underscores the company's unwavering commitment to fostering innovation and growth within the cannabis industry.
The initiative is set to propel Audacity Zone, a visionary leader in cannabis processing technology, to new heights of productivity and efficiency.
"We are thrilled to partner with Audacity Zone and support their vision to revolutionize the cannabis industry through technological innovation," said a Greenlight Commercial Funding Managing Partner Dr. Alexander Beadle.

GreenLight Fund Baltimore Hosts "Charming Nights" Event, Celebrating Innovative Programs Working to End Youth Homelessness In Baltimore

Retrieved on:

Friday, March 8, 2024

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"Point Source Youth's Direct Cash Transfer intervention is a welcomed addition in the City of Baltimore," said Ryan Turner, Executive Director, GreenLight Fund Baltimore.

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"Point Source Youth's Direct Cash Transfer intervention is a welcomed addition in the City of Baltimore," said Ryan Turner, Executive Director, GreenLight Fund Baltimore.
Together with Point Source Youth, GreenLight Baltimore produced a youth-led video documenting the process of co-creating the direct cash transfers program with youth consultants in Baltimore.
GreenLight's partner organization, Point Source Youth shared exciting updates coming out of CARE Baltimore, and invited attendees to their 8th Annual National Symposium on Solutions to End Youth Homelessness in Baltimore on June 24-26, 2024.
Through CARE Baltimore, Point Source Youth aims to generate evidence for designing successful housing interventions for youth experiencing homelessness.

GreenLight Biosciences Secures EPA Registration for New Bioinsecticide, Calantha, Historic Step Towards A Safer and More Sustainable Food System

Retrieved on:

Thursday, January 4, 2024

Following the federal and state approvals, the company has now successfully sold and shipped its first order.

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Following the federal and state approvals, the company has now successfully sold and shipped its first order.
"The registration of Calantha marks not just a milestone for our company, but a quantum leap for farmers, our food system and security, and people," said Andrey Zarur, Chief Executive Officer, GreenLight Bio.
We are thrilled to witness the impending impact of this commercial chapter of our company in creating a more sustainable future."
GreenLight Bio's breakthrough platform, capable of economically producing dsRNA, fuels its robust pipeline of additional innovative insecticides, fungicides and herbicides.

Penn Highlands Healthcare Physician Embraces Robotic Technology: First In Region To Robotically Remove a Bladder and Create a Urinary Diversion

Retrieved on:

Tuesday, December 5, 2023

Dr. Banerji recently completed his100th robotic case, which was a radical prostatectomy – surgery to remove the entire prostate gland and surrounding lymph nodes -- on a man with localized prostate cancer.

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In 2021, surgeons at Penn Highlands Healthcare began using the advanced da Vinci Xi robotic-assisted surgical system to perform a wide range of delicate and complex operations.
Today, in addition to being used for general surgery, the da Vinci robot is assisting surgeons who perform urologic, colorectal and gynecologic surgeries at Penn Highlands DuBois.
John S. Banerji, MD, a physician with Penn Highlands Urology in Clearfield and DuBois, Pennsylvania, has been using the robotic-assisted system for his surgeries.
While some surgeons remove the bladder robotically and then convert to open surgery for the urinary diversion, Dr. Banerji performed the entire surgical procedure robotically.

Canapi Ventures Announces $750M Fund II to Power the New Financial Services Economy

Retrieved on:

Wednesday, December 6, 2023

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WASHINGTON and NEW YORK and WILMINGTON, N.C., Dec. 6, 2023 /PRNewswire/ -- Canapi Ventures ("Canapi"), the fintech venture capital fund backed by nearly 70 financial institutions and strategic investors across the United States, today announced the raise of a $750 million Fund II. Canapi is backed by the Canapi Alliance, the fund's unique network of strategic banks and financial partners institutions across North America, as well as institutional investors. This latest raise brings Canapi's total assets under management to over $1.4B and will allow the Fund to continue to support the most innovative entrepreneurs and companies looking to create a sounder, more inclusive and equitable financial ecosystem.

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Canapi is backed by the Canapi Alliance, the fund's unique network of strategic banks and financial partners institutions across North America, as well as institutional investors.
In Fund I, Canapi made 20 investments across key verticals, including fraud and identity, financial infrastructure, lending and credit, payments, and real estate technology.
To that end, Canapi has made a handful of investments out of Fund II in companies such as DynamoFL, Island, and Crux Climate.
"Fintech is broader than ever, and financial services permeate the whole economy," said General Partner Neil Underwood.

Power Financial Credit Union Partners with Greenlight to Help Parents Raise Financially Smart Kids and Teens

Retrieved on:

Tuesday, November 14, 2023

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PEMBROKE PINES, Fla., Nov. 14, 2023 /PRNewswire-PRWeb/ -- Power Financial Credit Union (PFCU), one of South Florida's largest credit unions, is excited to announce a new partnership with Greenlight® Financial Technology, Inc. to provide members free* access to the award-winning Greenlight family finance app, available through the Greenlight for Credit Unions program. This collaboration is part of PFCU's commitment to fulfilling its purpose of helping guide members to better financial lives today and for generations to come.

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Power Financial Credit Union will be the first credit union in South Florida to partner with Greenlight.
PEMBROKE PINES, Fla., Nov. 14, 2023 /PRNewswire-PRWeb/ -- Power Financial Credit Union (PFCU) , one of South Florida's largest credit unions, is excited to announce a new partnership with Greenlight ® Financial Technology, Inc. to provide members free* access to the award-winning Greenlight family finance app, available through the Greenlight for Credit Unions program.
At Power Financial Credit Union, we firmly believe in fostering financial literacy from an early age, and this collaboration with Greenlight is a testament to that belief.
Greenlight offers a debit card and app that teaches kids and teens how to earn, save and spend wisely – all with parental supervision.

Greenlight Appoints Janet Lamkin to its Board of Directors

Retrieved on:

Wednesday, November 8, 2023

Greenlight® Financial Technology, Inc. ("Greenlight"), the fintech company on a mission to help parents raise financially-smart kids, today announced the addition of Janet Lamkin to its Board of Directors.

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Greenlight® Financial Technology, Inc. ("Greenlight"), the fintech company on a mission to help parents raise financially-smart kids, today announced the addition of Janet Lamkin to its Board of Directors.
Janet is an industry veteran with more than 30 years’ experience in building innovative brands across consumer and financial services sectors.
Janet was also the first female CEO of the California Bankers Association, the largest state banking association in the country.
“Greenlight continues to advance its mission to empower parents to raise financially-smart kids,” said Tim Sheehan, co-founder and CEO of Greenlight.

WILDBRAIN REPORTS Q1 2024 RESULTS

Retrieved on:

Wednesday, November 8, 2023

Cash used in operating activities was $3.0 million, compared to cash used in operating activities of $23.3 million in Q1 2023.

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Cash used in operating activities was $3.0 million, compared to cash used in operating activities of $23.3 million in Q1 2023.
Free Cash Flow1 was negative $25.4 million, compared to negative $8.9 million in Q1 2023.
TORONTO, Nov. 7, 2023 /PRNewswire/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, today reported its first-quarter ("Q1 2024") results for the period ended September 30, 2023.
With production slated to start in 2024, this feature is a continuation of our commitment to investing in premium content.

Greenlight Guru Expands Market Leadership with Strong Momentum in Q3 2023

Retrieved on:

Tuesday, October 24, 2023

Documentation, Risk intelligence, Medicine, Medtech, Software, Nonconformity (quality), Risk, QMS, AI, Capas, Medical device, Green-light, Q3

INDIANAPOLIS, Oct. 24, 2023 /PRNewswire-PRWeb/ -- Greenlight Guru, the leading provider of cloud-based quality and clinical software for MedTech companies, announces today strong results in Q3 as the company continues to expand its customer base globally and introduce innovative new AI-powered solutions to the market. The company's growth comes at a time when large medical device companies are moving quickly to modernize legacy systems and improve current processes in order to keep pace with the changing regulatory environment.

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INDIANAPOLIS, Oct. 24, 2023 /PRNewswire-PRWeb/ -- Greenlight Guru , the leading provider of cloud-based quality and clinical software for MedTech companies, announces today strong results in Q3 as the company continues to expand its customer base globally and introduce innovative new AI-powered solutions to the market.
Greenlight Guru was started in 2013 as a purpose-built QMS solution to provide startup medical device companies with a better way to manage quality and design documentation.
Greenlight Guru is also the only software provider in the MedTech industry that is actively leveraging the power of AI across its solutions.
"2023 has been a record-breaking year for Greenlight Guru, and that momentum has continued through Q3 as we are acquiring more large global customers at a rapid pace," says David DeRam, CEO of Greenlight Guru.

Greenlight Establishes Credit Union Service Organization to Empower Credit Unions with Family Finance Solutions

Retrieved on:

Monday, October 23, 2023

Through the Greenlight Financial CUSO, credit unions can now sign up for Greenlight for Credit Unions , a family banking solution designed for credit unions to help the next generation of members build healthy financial futures.

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Through the Greenlight Financial CUSO, credit unions can now sign up for Greenlight for Credit Unions , a family banking solution designed for credit unions to help the next generation of members build healthy financial futures.
Greenlight for Credit Unions enables credit union partners to offer Greenlight’s award-winning family banking app, loved by more than 6 million parents and kids, for free to their members.
With Greenlight for Credit Unions, credit unions can better serve families in their community and engage the next generation of members with a full suite of best-in-class financial education and banking products.
To date, Greenlight has already partnered with top credit unions across the country like South Bay Credit Union.