CB Insights

InsurTech NY Announces the Launch of the Insurance Collaboration Index™, a Scoring System to Assess Insurance and Reinsurance Companies

Monday, September 27, 2021 - 12:52pm

Based on input from InsurTech executives, the index scores insurance and reinsurance companies on their willingness and ability to partner with startup insurance technology companies.

Key Points: 
  • Based on input from InsurTech executives, the index scores insurance and reinsurance companies on their willingness and ability to partner with startup insurance technology companies.
  • "The Insurance Collaboration Index is a tool to help make all-important decisions about choosing and working with a partner.
  • InsurTech NY is surveying executives from more than 200 InsurTech companies about their experiences working with various carriers and reinsurers.
  • If you are attending InsureTech Connect 2021 in Las Vegas, please visit InsurTech NY at New York InsurTech Village at the Innovation Alley and take the survey.

Innovate Edmonton Funds, Launches and Lands Accelerators, Benefiting Edmonton Tech Companies  

Thursday, September 23, 2021 - 5:58pm

Quotes “Innovation is a team game and accelerators bring people together to create global opportunities, open international sales channels, boost significant investment and position Edmonton’s entrepreneurs on the world stage. Together we are ensuring that our high-potential companies have the end-to-end supports that they need for growth -- from concept to commercialization and from pitching to closing -- as they prepare to collaborate and compete in today’s impact economy.”  

Key Points: 
  • They will also contribute to Edmontonsdowntown vibrancy,with workspaces andcollaborationhubsdrawinginnovators and businesses back to the downtown core.Acceleratorswill augment existing business training delivered by Startup Edmonton and Scaleup Edmonton, program divisions of Innovate Edmonton.
  • The quality andcalibreof the companies being developed will attract companies from around the world who recognize the excellent opportunities that are emerging in Alberta.
  • Headquartered in Alberta's capital city, Innovate Edmonton leverages,unitesand promotes home-grown innovation as a gateway to solving the worlds most pressing problems.
  • We harness the power of the public and private sectors, ground-breaking academicresearchand purpose-driven investment to build a shared prosperity and open international markets.From sustainable climate solutionsto public health and digital education, Edmonton is a leading globalcentrefor inspiration, ingenuity and inclusion.Learn moreabout Innovate Edmonton and Startup Edmonton , a division of Innovate Edmonton.

Unique business accelerator to grow tech-based ventures that improve community safety and wellness

Thursday, September 23, 2021 - 4:55pm

This accelerator will leverage technology, data, artificial intelligence/machine learning to devise and deploy workable community safety and wellness solutions.

Key Points: 
  • This accelerator will leverage technology, data, artificial intelligence/machine learning to devise and deploy workable community safety and wellness solutions.
  • A group of Alberta investors will form a fund to invest in ventures coming through the accelerator.
  • Participating companies will be selected accordingly to the criteria set by the Community Safety and Wellness Accelerator with their service delivery partner, Alchemist Accelerator.
  • Also, ventures from around the world can come here to help further their business through an accelerator offering a unique opportunity in the social space.

CoinFund Appoints Top Venture Capitalist David Pakman as Managing Partner

Wednesday, September 22, 2021 - 3:00pm

CoinFund , a leading crypto and blockchain investment firm is proud to welcome David Pakman as Managing Partner focused on expanding the firms growth-stage venture capital initiatives.

Key Points: 
  • CoinFund , a leading crypto and blockchain investment firm is proud to welcome David Pakman as Managing Partner focused on expanding the firms growth-stage venture capital initiatives.
  • David comes to CoinFund after 13 years with Venrock , the iconic venture firm focused on investing in emerging technologies.
  • He personally invested in Coinbase prior to their IPO and was named the 55th top venture capitalist in the world by CB Insights.
  • David led Venrocks efforts in crypto and had the insight to partner with CoinFund early on.

Arthur--rapidly growing amidst surging interest in model monitoring--identified as a Sample Vendor in 2021 Gartner ® Hype Cycle ™ for AI report

Wednesday, September 22, 2021 - 2:54pm

Gartner released its annual "Hype Cycle for Artificial Intelligence 2021" report, highlighting the growing importance of AI governance practices in AI-enabled companies.

Key Points: 
  • Gartner released its annual "Hype Cycle for Artificial Intelligence 2021" report, highlighting the growing importance of AI governance practices in AI-enabled companies.
  • The report states, "With AI now delivering value in practical enterprise application, data and analytics leaders see that scaling AI without governance is dangerous.
  • In June, it was named a Gartner 'Cool Vendor' in AI Governance and Responsible AI [2].
  • If you're a Gartner client, you can access the full report here: Hype Cycle for Artificial Intelligence 2021
    Learn more about Arthur at arthur.ai/product .

JETRO Partners with Premier US Accelerators to Promote Rising Japanese Startups in the Global Market

Tuesday, September 21, 2021 - 12:23am

In this program, JETRO will collaborate with 6 major accelerators to cultivate the growth of Japanese startup ecosystems - serving as an entry for Japanese startups within the global market.

Key Points: 
  • In this program, JETRO will collaborate with 6 major accelerators to cultivate the growth of Japanese startup ecosystems - serving as an entry for Japanese startups within the global market.
  • View the full release here: https://www.businesswire.com/news/home/20210920005968/en/
    This year JETRO will select 100 top startups from innovation hubs across Japan.
  • The purpose of this cohort is to target Japanese startups who are very early in thinking about global expansion.
  • JETRO provides support and assistance to American companies entering the Japanese market and to Japanese companies expanding overseas.

Well Expertise Taps Data Gumbo Smart Contracts for Work with Wellesley Petroleum

Thursday, September 16, 2021 - 2:41pm

Well Expertise selected GumboNet because of the networks ability to monitor operations, consumptions and spend, said Morten Laget, Business Development Manager, Well Expertise.

Key Points: 
  • Well Expertise selected GumboNet because of the networks ability to monitor operations, consumptions and spend, said Morten Laget, Business Development Manager, Well Expertise.
  • Smart contracts deliver the trust and transparency necessary to realize true value by streamlining operations, and making more informed strategic decisions with counterparties.
  • Wellesley Petroleum is pleased to utilize smart contracts to digitize and improve our business model, said Callum Smyth, Operations Manager, Wellesley Petroleum.
  • Data Gumbo is a Houston-headquartered technology company that provides GumboNet a massively interconnected industrial smart contract network secured and powered by blockchain.

Online Brokerage Tiger Brokers Announces Q2 2021 Results; Singapore's Generation Z New Account Openings Increased By Over 90% Y/Y

Wednesday, September 15, 2021 - 2:00am

Eng Thiam Choon, Chief Executive Officer, Tiger Brokers (Singapore), said, "Generation Z, or the internet generation, can be regarded as one of the most disruptive generations ever.

Key Points: 
  • Eng Thiam Choon, Chief Executive Officer, Tiger Brokers (Singapore), said, "Generation Z, or the internet generation, can be regarded as one of the most disruptive generations ever.
  • "At Tiger Brokers, we are constantly working to introduce relevant financial products, services and activities to keep the different types of investors engaged.
  • About Tiger Brokers (Singapore) Pte Ltd.
    Tiger Brokers (Singapore) Pte Ltd ("Tiger Brokers (Singapore)") is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS).
  • Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited (NASDAQ: TIGR), known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors.

BrainBox AI Partners with KMC Controls to Further Expand its Autonomous AI Technology Footprint

Tuesday, September 14, 2021 - 6:21pm

MONTREAL, Sept. 14, 2021 /PRNewswire/ - BrainBox AI , a pioneer in autonomous building technology, is proud to announce its partnership with KMC Controls, an independent manufacturer of open, secure, and scalable building automation and technology solutions.

Key Points: 
  • MONTREAL, Sept. 14, 2021 /PRNewswire/ - BrainBox AI , a pioneer in autonomous building technology, is proud to announce its partnership with KMC Controls, an independent manufacturer of open, secure, and scalable building automation and technology solutions.
  • Over the last seven years, KMC has developed the KMC Commander, an Intel Market Ready Solution and Smart Building Platform for commercial buildings of any size.
  • "Partnering with BrainBox AI is just the beginning of what I hope to be a deeper integration between BrainBox AI and KMC Controls in the future," said Richard Newberry, CEO of KMC Controls.
  • Founded in 1969, KMC Controls is an American manufacturer of open, secure and scalable Internet of Things (IoT) and building automation solutions.

dotData and Tableau Partner to Accelerate Augmented and Predictive Analytics for the Business Intelligence Community

Tuesday, September 14, 2021 - 2:00pm

As a result of this partnership, Tableau users will be able to build customized predictive analytics solutions faster and more easily.

Key Points: 
  • As a result of this partnership, Tableau users will be able to build customized predictive analytics solutions faster and more easily.
  • "We are very excited about this partnership with Tableau, one of the world's most renowned analytics platforms.
  • Business intelligence and analytics teams can leverage dotData's no-code AI/ML automation solution to make their reporting and dashboards more predictive and actionable.
  • Fortune 500 organizations around the world use dotData to accelerate their ML and AI development to drive higher business value.