VC

VC Funding in Turbulent Times: Attracting Investors with Outsourcing

Retrieved on: 
Tuesday, October 31, 2023
COGS, Survival, OPEX, Optimism, Development, Pressure, Rule, Climate, EBITDA, Customer lifetime value, Interest, Tax, Growth, Risk, Ecosystem, VC, Burn, BPO, CLV, 20th-century music, DiGiorgio Corporation, Cryptocurrency, Consultant, Bank, Security (finance), Financial services, Sales, Silicon, Depreciation

KANSAS CITY, Kan., Oct. 31, 2023 /PRNewswire-PRWeb/ -- The state of venture capital (VC) funding in the US has seldom been in such dire straits. Feeling the pressure of the economic downturn, investors have been quick to tighten their purse strings. With the competition for funding consequently reaching a crescendo, startups looking to secure VC funding have been desperately searching for a unique differentiator. 1840 & Company, a global outsourcing and staff augmentation provider with extensive experience in the VC landscape, leverages modern outsourcing solutions to help these young businesses balance their ledgers in a way that appeals to investors.

Key Points: 
  • KANSAS CITY, Kan., Oct. 31, 2023 /PRNewswire-PRWeb/ -- The state of venture capital (VC) funding in the US has seldom been in such dire straits.
  • With the competition for funding consequently reaching a crescendo, startups looking to secure VC funding have been desperately searching for a unique differentiator.
  • 1840 & Company , a global outsourcing and staff augmentation provider with extensive experience in the VC landscape, leverages modern outsourcing solutions to help these young businesses balance their ledgers in a way that appeals to investors.
  • With VC investors placing an even greater emphasis on sustainable growth and strong financial metrics, it's evident that startups employing business process outsourcing and staff augmentation strategies are well-positioned to attract funding.

Neteera raises an additional $6.7M Series B Extension

Retrieved on: 
Tuesday, October 31, 2023
FDA, Biomarker, Health, Partner, Electronics, Foxconn, VC, FTC, Patient, Pharmaceutical industry, Medical device

JERUSALEM, Israel, Oct. 31, 2023 /PRNewswire/ -- Neteera Technologies Ltd., an Israeli-based startup disrupting the contactless patient monitoring market, today announced the successful closing of a ~$6,7M Series B extension. The round was led by Aescuvest, a renowned healthcare investment firm, alongside Foxconn Technology Co., Ltd. (FTC), an associate of Hon Hai Precision Industry Co., Ltd., the largest electronics manufacturer globally.

Key Points: 
  • JERUSALEM, Israel, Oct. 31, 2023 /PRNewswire/ -- Neteera Technologies Ltd., an Israeli-based startup disrupting the contactless patient monitoring market, today announced the successful closing of a ~$6,7M Series B extension.
  • The funds of this extension round will be used to expedite production, meet the increasing demand for Neteera's platform, and to recruit more installation and deployment personnel.
  • This significant step will allow Neteera to further solidify its leadership in the contactless patient monitoring market.
  • "We are proud to partner with such a renowned company as Foxconn to further expand our offering," said Isaac Litman, CEO of Neteera.

Neteera raises an additional $6.7M Series B Extension

Retrieved on: 
Tuesday, October 31, 2023
FDA, Biomarker, Health, Partner, Electronics, Foxconn, VC, FTC, Patient, Pharmaceutical industry, Medical device

JERUSALEM, Israel, Oct. 31, 2023 /PRNewswire/ -- Neteera Technologies Ltd., an Israeli-based startup disrupting the contactless patient monitoring market, today announced the successful closing of a ~$6,7M Series B extension. The round was led by Aescuvest, a renowned healthcare investment firm, alongside Foxconn Technology Co., Ltd. (FTC), an associate of Hon Hai Precision Industry Co., Ltd., the largest electronics manufacturer globally.

Key Points: 
  • JERUSALEM, Israel, Oct. 31, 2023 /PRNewswire/ -- Neteera Technologies Ltd., an Israeli-based startup disrupting the contactless patient monitoring market, today announced the successful closing of a ~$6,7M Series B extension.
  • The funds of this extension round will be used to expedite production, meet the increasing demand for Neteera's platform, and to recruit more installation and deployment personnel.
  • This significant step will allow Neteera to further solidify its leadership in the contactless patient monitoring market.
  • "We are proud to partner with such a renowned company as Foxconn to further expand our offering," said Isaac Litman, CEO of Neteera.

Lead Investor Steven Freidmutter Joins IQPay's Advisory Board

Retrieved on: 
Tuesday, October 31, 2023
VC, Cape Town Tigers, Sport, AFRICA, Partnership, Life

JOHANNESBURG, SOUTH AFRICA, Oct 31, 2023 - (ACN Newswire) - IQPay an innovative force in the fintech landscape, is elated to announce that Steven Freidmutter has officially joined its advisory board.

Key Points: 
  • JOHANNESBURG, SOUTH AFRICA, Oct 31, 2023 - (ACN Newswire) - IQPay an innovative force in the fintech landscape, is elated to announce that Steven Freidmutter has officially joined its advisory board.
  • Adding to this significant appointment, Freidmutter is also stepping in as the lead investor for IQPay, marking a milestone in the company's journey.
  • Steven Freidmutter brings to IQPay an impressive track record of experience, presence and credibility.
  • His recent appointment as a partner and founding advisory board member of the Boston-based VC fund Erez Capital is a testament to his unwavering dedication to innovation and progress.

Visteon Announces Third Quarter 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Tata, OEM, App Store (iOS/iPadOS), SUV, Public expenditure, Mercedes-EQ, EBITDA, Visteon, VAN, Android, Growth, VC, Mercedes, Ford Transit Custom, Video game

VAN BUREN TOWNSHIP, Mich., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported third quarter 2023 financial results.

Key Points: 
  • VAN BUREN TOWNSHIP, Mich., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported third quarter 2023 financial results.
  • Total global vehicle production increased 4% from the prior year, however Visteon customer production was flat over the same period.
  • Gross margin in the third quarter was $143 million, and net income attributable to Visteon was $66 million or $2.32 per diluted share.
  • “We delivered strong results in the third quarter and continued to strengthen our foundation for future growth,” said Sachin Lawande, President and CEO.

ICR Hosts XYZ Venture Capital Founder Ross Fubini on the Welcome to the Arena Podcast

Retrieved on: 
Thursday, October 26, 2023
Professional Services, Communications, Finance, Consulting, Banking, Public Relations, Investor Relations, VC, ICR, Google Podcasts, Risk, CFOS, Apple Podcasts, Cryptocurrency, Spotify

ICR , a leading strategic communications and advisory firm, is pleased to announce that Ross Fubini, Founder & Managing Partner of XYZ Venture Capital , a venture firm that invests in early-stage founders to help them go faster, recently appeared on Episode 98 of ICR’s “Welcome to the Arena” podcast.

Key Points: 
  • ICR , a leading strategic communications and advisory firm, is pleased to announce that Ross Fubini, Founder & Managing Partner of XYZ Venture Capital , a venture firm that invests in early-stage founders to help them go faster, recently appeared on Episode 98 of ICR’s “Welcome to the Arena” podcast.
  • Welcome to the Arena is hosted by Tom Ryan, Co-Founder & CEO of ICR.
  • Tom spoke with Ross about XYZ’s vision for the future of VC, driving innovation, how founders should position their new companies, mitigating risk, and more.
  • The Welcome to the Arena podcast has featured discussions with CEOs, CFOs, financial analysts, members of the media, investment bankers, private equity executives and others who influence and create value for public and private-equity backed companies.

K STADIUM (KSTA) Is Now Available for Trading on LBank Exchange

Retrieved on: 
Wednesday, October 18, 2023
Crypto, DEX, Decentralized finance, MDL, KSTA, SOP, Growth, Liquidity, Ecosystem, VCS, Decentralized application, Privacy, VC, NFT, Cryptocurrency, Swap

Road Town, British Virgin Islands--(Newsfile Corp. - October 18, 2023) - LBank Exchange, a global digital asset trading platform, listed K STADIUM (KSTA) on October 18, 2023.

Key Points: 
  • Road Town, British Virgin Islands--(Newsfile Corp. - October 18, 2023) - LBank Exchange, a global digital asset trading platform, listed K STADIUM (KSTA) on October 18, 2023.
  • For all users of LBank Exchange, the KSTA/USDT trading pair is now officially available for trading.
  • LBank Exchange is thrilled to announce the listing of K STADIUM (KSTA), a Crypto DAO VC Platform blockchain project that is revolutionizing decentralized investing to individual investors.
  • At its core, K STADIUM allows retail investors to enter the realm of the VC.

Boyden Asia/Pacific Sees Growth Across the Region, with New Hires and Promotions

Retrieved on: 
Monday, October 23, 2023
PE, Aviation, Kashinath, Partnership, Kannada, Partner, My New Partner, Electronics, VC, Ministry of Commerce (Thailand), Rock (geology), Management

The regional team also celebrates promotions from Principal to Partner of Krista Espaldon in Singapore, Philip Graham in Australia, and promotion to Principal of Katherine Miller in Australia.

Key Points: 
  • The regional team also celebrates promotions from Principal to Partner of Krista Espaldon in Singapore, Philip Graham in Australia, and promotion to Principal of Katherine Miller in Australia.
  • As the firm nurtures its next generation talent, the next progression from Principal is to partnership.
  • William J. Farrell, Managing Partner and Member, Board of Directors, Boyden, commented, “These remarkable professionals boost our capabilities locally and in the region as a whole.
  • Boyden is one of the best-known executive search firms in Asia/Pacific, with 14 offices across the region providing executive search and leadership consulting .

Unlocking the Future of Blockchain with Zetrix: The IEO That's Transforming Trade, Governance, and Asset Tokenisation

Retrieved on: 
Wednesday, October 18, 2023
SME, Sale, IEO, DPO, Industrial, Mobility as a service, Regional Comprehensive Economic Partnership, Research, Internet, Supply, Business process validation, Blockchain, SSI, RCEP, Trade finance technology, Environment, Miner, Trust, Interoperability, Risk, Ecosystem, Network, Movement, Privacy, The Things, VC, Communication, Cryptocurrency, List of Tetris variants

Zetrix is an interoperable, decentralised, blockchain network designed to facilitate smart contracts while providing privacy, security, and scalability.

Key Points: 
  • Zetrix is an interoperable, decentralised, blockchain network designed to facilitate smart contracts while providing privacy, security, and scalability.
  • Lack of Enterprise-Ready Solutions: Many available blockchain solutions are experimental and not built for enterprise-grade applications.
  • Cross-Border Asset Movement: ZTX is used in the tokenisation process to facilitate cross-border asset transfers within the RCEP region.
  • Ztrade: This is aimed at next-generation trade connectivity, utilising blockchain for document digitisation and custom clearance to enhance trade efficiency.

MYEG’s Enterprise Layer 1 Blockchain Zetrix Initiates Coinstore IEO and listing on multiple platforms

Retrieved on: 
Wednesday, October 18, 2023
IEO, ZID, DID, Web3, USDT, DIDS, Initial exchange offering, BID, MIMOS, Regional Comprehensive Economic Partnership, Money, Artificial intelligence, SSI, Blockchain, RCEP, General Administration of Customs, VCS, MY, Self-sovereign identity, VC, AI, Movement, Cryptocurrency, Identifier, Customs

Subsequently, on 28 October 2023, Zetrix tokens will be listed on Coinstore, MEXC and BitForex.

Key Points: 
  • Subsequently, on 28 October 2023, Zetrix tokens will be listed on Coinstore, MEXC and BitForex.
  • Services Berhad (“MYEG”), Zetrix is a layer-1 public blockchain infrastructure that leverages blockchain and Artificial Intelligence (AI) to empower governments and entreprises in digitalising global trade.
  • Zetrix’s decentralised application, ZTrade, provides a notably faster and more seamless cross-border trading experience for exporters to China.
  • Other key highlights lie with Zetrix’s multi-asset native wallet, which lets users transact within the Zetrix blockchain securely while being integrated with W3C compliant verifiable credentials (VC).