Factorial

Adaptive ML Raises $20M to Help Companies Build Unique GenAI Experiences

Retrieved on: 
Tuesday, March 12, 2024
Start-Up, Data Management, Technology, Professional Services, Business, Software, Artificial Intelligence, Networks, Internet, Fintech, Finance, Adaptation, ICONIQ Capital, OpenAI, Learning, Research, Index Ventures, Abstract, LLM, Engineering, ChatGPT, Alignment, Factorial

ICONIQ Capital , Motier Ventures , Databricks Ventures , IRIS , HuggingFund by Factorial , and many prominent angel investors joined the round.

Key Points: 
  • ICONIQ Capital , Motier Ventures , Databricks Ventures , IRIS , HuggingFund by Factorial , and many prominent angel investors joined the round.
  • Adaptive’s vision is to empower enterprises everywhere to leverage the benefits of ever-learning generative models and deliver intuitive experiences to lift key business metrics.
  • “At Adaptive ML, we are streamlining the path to more intuitive, stickier genAI applications, directly driving improved user experience and business outcomes,” said CEO Julien Launay.
  • The Adaptive platform abstracts away the technical details around fine-tuning and reinforcement learning, accelerating time-to-release for LLM-based products.

Ci Celebrates 14 Years of Architectural Excellence, Looks Back at 2023 Successes

Retrieved on: 
Tuesday, January 2, 2024
Architecture, Construction & Property, Computer science and engineering, Interior, Science, FCL, First, Principal, Factorial, Acquisition, Family, Sujit, Associate, Toll, The News & Observer, Procurement, Washington Metro, Interior design, News, Management

Recognized by Boston Business Journal’s Fast50 Award for the second consecutive year in 2023, Ci places No.

Key Points: 
  • Recognized by Boston Business Journal’s Fast50 Award for the second consecutive year in 2023, Ci places No.
  • 15 amongst the top 50 fastest-growing private companies in Massachusetts based on revenue growth over the past three years.
  • As we continue to grow Ci into 2024, we’d like to look back on this year’s successes.
  • In 2023, Ci strategically opened a Greenville, South Carolina office with the acquisition of Compounding Workflow , a laboratory design firm with expertise in compounding pharmacy consulting.

Factorial Announces Partnership with Cimplx to Enhance Payroll and Benefits Management

Retrieved on: 
Thursday, December 14, 2023
Workforce, Privacy, Workload, Affordable Care Act, Factorial, ACA, Partnership, HR, Tutoring

MIAMI, Dec. 14, 2023 /PRNewswire/ -- Factorial, a leading provider of human resources software solutions, today announced its partnership with Cimplx, a provider of human resources and Affordable Care Act (ACA) cloud-based compliance solutions. The pair joins forces to provide a comprehensive suite of payroll and benefits management services to their HR customers via Factorial's unified platform.

Key Points: 
  • The pair joins forces to provide a comprehensive suite of payroll and benefits management services to their HR customers via Factorial's unified platform.
  • According to Factorial Co-Founder and CEO, Jordi Romero, "We are excited about our partnership with Cimplx, as it enables us to offer our customers a comprehensive, integrated solution that handles employee data, time tracking, deductions, payroll, and benefits management.
  • Factorial and Cimplx shared the key benefits of their integrated solution:
    Compliance and Security : Achieve payroll accuracy with real-time tax regulations, mitigating risks associated with errors.
  • Industry Expertise : Gain valuable insights into payroll costs, trends, and compliance metrics through our team's industry expertise, including certified payroll professionals and experienced benefits administration enrollment services.

Hackless secures $1.2 million in private funding, spearheading blockchain security innovation

Retrieved on: 
Tuesday, December 12, 2023
Sentinel, Social media, Decentralized finance, News, Blockchain, Ecosystem, Cryptocurrency, Factorial

KYIV, Ukraine, Dec. 12, 2023 /PRNewswire-PRWeb/ -- Hackless, an emerging leader in blockchain security solutions, has successfully closed a private funding round of $1.2 million. This significant investment, led by industry leaders including DaoMaker, Insignius Capital, Cosima Capital, DeltaHub Capital, Factorial, and Halvings Capital, marks a pivotal moment in Hackless's journey to redefine blockchain security.

Key Points: 
  • KYIV, Ukraine, Dec. 12, 2023 /PRNewswire-PRWeb/ -- Hackless, an emerging leader in blockchain security solutions, has successfully closed a private funding round of $1.2 million.
  • This significant investment, led by industry leaders including DaoMaker, Insignius Capital, Cosima Capital, DeltaHub Capital, Factorial, and Halvings Capital, marks a pivotal moment in Hackless's journey to redefine blockchain security.
  • With the backing of leading investors and a commitment to innovation, Hackless is poised to set new standards in blockchain security and contribute to a safer, more secure digital asset ecosystem.
  • Hackless is a forward-thinking company specializing in blockchain security, particularly in the decentralized finance (DeFi) sector.

Factorial Takes on Data Privacy and Security Concerns, Affirming Software is Data Safe

Retrieved on: 
Tuesday, November 14, 2023
Well, Pew Research Center, Privacy, Environment, SOC, Safety, Certification, Entrepreneurship, Software, Trust, Medical device, Property management, Online shopping, Factorial

MIAMI, Nov. 14, 2023 /PRNewswire/ -- In an era where data security and privacy concerns loom large, Factorial , a leading provider of human resources software solutions, affirms its software is at the forefront of safeguarding sensitive information.

Key Points: 
  • MIAMI, Nov. 14, 2023 /PRNewswire/ -- In an era where data security and privacy concerns loom large, Factorial , a leading provider of human resources software solutions, affirms its software is at the forefront of safeguarding sensitive information.
  • In response to the growing distrust of cloud-based software and increasing security risks associated with digitalization, Factorial places importance on ensuring that its software provides a high level of protection for customer data.
  • Regularly Update Software: Keep your HR software up-to-date with the latest security patches and updates.
  • We understand the growing concerns about data privacy and have taken significant steps to ensure that Factorial's software remains a safe environment for sensitive information," says Jordi Romero, Co-Founder and CEO of Factorial.

Factorial Energy Opens New Manufacturing Facility to House Largest Solid-State Battery Line in the US

Retrieved on: 
Monday, October 23, 2023
EV, Electric Vehicles, Sustainability, Alternative Vehicles, Fuels, Batteries, Technology, Automotive, State, Local, Other Manufacturing, Environment, Semiconductor, Automotive Manufacturing, Public Policy, Government, Manufacturing, Former, Panasonic, EDT, United States v. Spy Factory, Inc., Cell, Inc., Safety, EVS, Electric battery, Factorial

Factorial Inc. (Factorial), an industry leader in the development of solid-state battery technology for electric vehicle (EV) applications, today announced the opening of its new battery manufacturing facility in the Boston suburb of Methuen, Mass.

Key Points: 
  • Factorial Inc. (Factorial), an industry leader in the development of solid-state battery technology for electric vehicle (EV) applications, today announced the opening of its new battery manufacturing facility in the Boston suburb of Methuen, Mass.
  • The state-of-the-art facility represents a significant step in scaling up the production of Factorial’s innovative solid-state battery technology for EVs.
  • “We are thrilled to open our next-generation battery facility in Massachusetts as we scale our batteries for mass production,” said Siyu Huang, CEO of Factorial .
  • As Factorial Energy scales up solid-state battery production, the company maintains its commitment to drive sustainability and develop technology that powers the EV revolution.

Factorial Ships A-Samples of 100+Ah Lithium-Metal Solid-State Battery to Automotive Partners

Retrieved on: 
Thursday, October 5, 2023
Other Manufacturing, Technology, EV, Electric Vehicles, Automotive, Other Technology, Manufacturing, Alternative Energy, Energy, Batteries, Factorial, CES, Cell, News, Inc., Engineering, UN, OEM, United States v. Spy Factory, Inc., Electric battery, Greater Boston

Factorial Inc. (Factorial), an industry leader in the development of solid-state battery technology for electric vehicle (EV) applications, today announced the delivery of A-samples of its 100+Ah solid-state EV battery cells to global automotive OEM partners for testing.

Key Points: 
  • Factorial Inc. (Factorial), an industry leader in the development of solid-state battery technology for electric vehicle (EV) applications, today announced the delivery of A-samples of its 100+Ah solid-state EV battery cells to global automotive OEM partners for testing.
  • “Factorial is committed to meeting automotive timelines and producing solid-state batteries that meet the industry’s highest standards.
  • The new 50,000+ square foot research facility will expand the development with Factorial’s automotive partners across next generation battery technology platforms and manufacturing engineering competency.
  • Factorial is revolutionizing the battery industry with its proprietary FEST® (Factorial Electrolyte System Technology) solid-state battery, providing safer and up to 50% higher energy density batteries compared to lithium-ion batteries.

Factorial Acquires YC-Backed Fuell, Expands Into Expense Management Market

Retrieved on: 
Tuesday, October 3, 2023
HR, Entrepreneurship, Acquisition, Y Combinator, Management, Luigi, Factorial, Fuell

MIAMI, Oct. 3, 2023 /PRNewswire/ -- Factorial, a leading provider of human resources software solutions, announced the acquisition of Fuell, an expense management startup based in Spain. This transaction marks Factorial's first acquisition and product expansion, making it Europe's first and largest integrated HR and expense management platform.

Key Points: 
  • MIAMI, Oct. 3, 2023 /PRNewswire/ -- Factorial , a leading provider of human resources software solutions, announced the acquisition of Fuell , an expense management startup based in Spain.
  • This transaction marks Factorial's first acquisition and product expansion, making it Europe's first and largest integrated HR and expense management platform.
  • Founded in 2019 by Eduardo Ortiz de Lanzagorta and Edgar Alvarez, Fuell provides a unique expense management solution focused on budget management, while also simplifying back-office tasks such as tax refunds and expense categorization.
  • "With this acquisition, we are one step closer to our mission of making Factorial 'the' all-in-one business management software platform," says Jordi Romero, Co-Founder and CEO of Factorial.

Amidst a DEI Downturn, Factorial Shares 5 Best Practices for Creating & Measuring an Equitable Work Culture

Retrieved on: 
Tuesday, September 26, 2023
Knowledge, CDO, Communication, Culture, Workplace, Organizational culture, Organization, Outline, HR, Glassdoor, DEI, Growth, Bias, KPI-driven code analysis, Warehouse, Marketing, Management, Factorial

MIAMI, Sept. 26, 2023 /PRNewswire/ -- As businesses nationwide are cutting back on DEI initiatives, laying off individuals in DEI roles, and folding DEI departments, Factorial, a leading provider of human resources software solutions, is stepping in with a DEI reporting and analytics solution to ensure businesses stay on track.

Key Points: 
  • Additionally, Factorial highlighted the role of their HR reports and analytics tool in supporting DEI initiatives.
  • We feel it's our job to reinforce how important DEI is within company culture and offer a solution that helps these businesses track their own DEI efforts."
  • Factorial and HR Knowledge Source shared 5 best practices for fostering and sustaining an equitable culture in its recent webinar:
    Ensure Leadership Commitment: Leadership commitment to DEI is foundational for its success within an organization.
  • It facilitates the creation of a visual and user-friendly interface where companies can create custom dashboards to support DEI initiatives.

Factorial Biotechnologies and Ginkgo Bioworks Partner To Develop Enzyme for Single-Cell Library Prep Technology

Retrieved on: 
Monday, September 18, 2023
Tissue, DNA, Business development, Partnership, Enzyme, Therapy, Workflow, NGS, Business, Research, Synthetic biology, Ginkgo Bioworks, SAN, Quality control, Entrepreneurship, Library, NYSE, PCR, Fine chemical, Factorial, Ginkgo

Through this partnership, Factorial will leverage Ginkgo Enzyme Services to develop a novel isothermal DNA polymerase for use in Factorial's single-cell next-generation sequencing (NGS) library prep kit.

Key Points: 
  • Through this partnership, Factorial will leverage Ginkgo Enzyme Services to develop a novel isothermal DNA polymerase for use in Factorial's single-cell next-generation sequencing (NGS) library prep kit.
  • With Factorial's in-cell library prep technology and barcoding scheme, single-cell libraries can also be prepared using digital PCR workflows.
  • To support this promising technology, Ginkgo will lead a campaign in P. pastoris to develop a novel enzyme — isothermal DNA polymerase — instrumental to Factorial's innovative NGS library prep kit.
  • To learn more about Ginkgo Enzyme Services and how you can access Ginkgo's success-based pricing, please visit ginkgobioworks.com/enzyme-services/ .