VC

Experts Explore Unprecedented AI Potential as Expand North Star Enters Day 2

Retrieved on: 
Monday, October 16, 2023

DUBAI, UAE, Oct. 16, 2023 /PRNewswire/ -- AI is booming, and startups are at the heart of this revolution. OpenAI triggered the current AI phenomenon when it launched ChatGPT in November last year. Today, generative AI has the potential to generate up to $4.4 trillion in value across industries. Expand North Star organized by Dubai World Trade Centre (DWTC) hosted AI Monday today to showcase over 400 AI- infused startups. Moreover, AI was a common theme across all the conference tracks.

Key Points: 
  • Today, generative AI has the potential to generate up to $4.4 trillion in value across industries.
  • Expand North Star organized by Dubai World Trade Centre (DWTC) hosted AI Monday today to showcase over 400 AI- infused startups.
  • A panel discussion titled 'Generative AI Market Map worth $98 Billion: VCs Hungry for Startups in AI & DeepTech: Overhyped or the Next Frontier?'
  • The landmark global gathering welcomes over 1,800 startups across GITEX Global and Expand North Star from more than 100 countries.

Experts Explore Unprecedented AI Potential as Expand North Star Enters Day 2

Retrieved on: 
Monday, October 16, 2023

DUBAI, UAE, Oct. 16, 2023 /PRNewswire/ -- AI is booming, and startups are at the heart of this revolution. OpenAI triggered the current AI phenomenon when it launched ChatGPT in November last year. Today, generative AI has the potential to generate up to $4.4 trillion in value across industries. Expand North Star organized by Dubai World Trade Centre (DWTC) hosted AI Monday today to showcase over 400 AI- infused startups. Moreover, AI was a common theme across all the conference tracks.

Key Points: 
  • Today, generative AI has the potential to generate up to $4.4 trillion in value across industries.
  • Expand North Star organized by Dubai World Trade Centre (DWTC) hosted AI Monday today to showcase over 400 AI- infused startups.
  • A panel discussion titled 'Generative AI Market Map worth $98 Billion: VCs Hungry for Startups in AI & DeepTech: Overhyped or the Next Frontier?'
  • The landmark global gathering welcomes over 1,800 startups across GITEX Global and Expand North Star from more than 100 countries.

Gradient Announces $10 Million in Seed Funding Round to Revolutionize LLM Application Development

Retrieved on: 
Thursday, October 5, 2023

Gradient , an API platform for AI developers, announced today it has raised $10 million in seed funding led by Wing VC, with participation from Mango Capital and Tokyo Black.

Key Points: 
  • Gradient , an API platform for AI developers, announced today it has raised $10 million in seed funding led by Wing VC, with participation from Mango Capital and Tokyo Black.
  • The funding will go toward developing Gradient’s enterprise-focused development platform, as well as furthering its mission of democratizing access to AI.
  • Gradient is the first company that allows companies to easily leverage their private data to build large scale custom AI models via their developer platform.
  • Gradient also offers proprietary healthcare, finance, and law LLMs that customers can further fine-tune to solve domain specific problems.

ICR Hosts The Syndicate Group CEO Chad Cardenas on the Welcome to the Arena Podcast

Retrieved on: 
Thursday, October 5, 2023

ICR , a leading strategic communications and advisory firm, is pleased to announce that Chad Cardenas, CEO of The Syndicate Group (TSG), a leading venture firm focused on revenue growth and new customer acquisition, recently appeared on Episode 95 of ICR’s “Welcome to the Arena” podcast.

Key Points: 
  • ICR , a leading strategic communications and advisory firm, is pleased to announce that Chad Cardenas, CEO of The Syndicate Group (TSG), a leading venture firm focused on revenue growth and new customer acquisition, recently appeared on Episode 95 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 Chad about TSG’s unique approach to VC investing, the future of strategic partnerships in the industry, 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.

TrueBridge Elevates Presence in EMEA

Retrieved on: 
Thursday, October 5, 2023

TrueBridge , the premier interim, fractional and advisory executive search firm, announced today it has appointed strategic business leader Alastair Coutts as Head of TrueBridge EMEA.

Key Points: 
  • TrueBridge , the premier interim, fractional and advisory executive search firm, announced today it has appointed strategic business leader Alastair Coutts as Head of TrueBridge EMEA.
  • Coutts joins the accomplished EMEA team to expand TrueBridge's impact across the continent.
  • View the full release here: https://www.businesswire.com/news/home/20231005289622/en/
    Alastair Coutts, Head of TrueBridge EMEA (Photo: Business Wire)
    “The current interim space is experiencing significant growth driven by the evolving landscape of work and changing preferences,” said Coutts.
  • He most recently served as head of EMEA at Lynk, a SaaS platform for industry experts and consultants.

Laudio Bolsters its Marketing and Sales Leadership Through New C-Suite and Executive Appointments

Retrieved on: 
Thursday, October 5, 2023

The company also recently hired Michael Vipond as Executive Vice President of Sales.

Key Points: 
  • The company also recently hired Michael Vipond as Executive Vice President of Sales.
  • These critical hires come on the heels of Laudio raising a $13 million Series B round led by Define Ventures .
  • She brings more than 15 years of marketing experience in the healthcare industry, including a decade leading marketing teams for rapidly-growing, VC-backed companies.
  • As EVP of Sales at Laudio, he will work closely with the rest of the executive leadership team to scale the business, overseeing business development.

BIP Ventures The State of Startups(SM) in the Southeast 2023 Report Reveals a Maturing Investment and Innovation Region

Retrieved on: 
Thursday, October 12, 2023

ATLANTA, Oct. 12, 2023 /PRNewswire/ -- BIP Ventures, the North American-focused venture capital division of BIP Capital and one of the Southeast's largest and most active VC firms, has released its annual The State of StartupsSM in the Southeast report. The groundbreaking 2023 report is a fully interactive experience that allows readers to click into graphs to gather the numbers behind the trends and take a deep dive into startup ecosystems for each state.

Key Points: 
  • The State of Startups in the Southeast 2023 covers entrepreneurial and investment activities for the region from Q1 2018 through June 30, 2023.
  • As a region, the Southeast startup investment activities resemble but tend to be less volatile than other major innovation markets, like the Bay Area, New York, and the Boston region.
  • The first half of The State of Startups in the Southeast report examines innovation and investment trends for the region.
  • A team of experts across BIP Ventures performed the research and analyses for The State of Startups in the Southeast 2023.

The Block Launches Comprehensive Crypto Fundraising Database

Retrieved on: 
Wednesday, October 11, 2023

NEW YORK, Oct. 11, 2023 /PRNewswire/ -- Leading digital asset service provider The Block introduces its innovative fundraising database, Pro Deals.

Key Points: 
  • NEW YORK, Oct. 11, 2023 /PRNewswire/ -- Leading digital asset service provider The Block introduces its innovative fundraising database, Pro Deals.
  • Featuring nearly 10,000 crypto VC and M&A deals since 2014, Pro Deals directly responds to industry calls for updated and complete crypto fundraising insights.
  • Established in 2018, The Block has distinguished itself by providing breaking news, bespoke research and crypto market analyses.
  • Matthew Vitebsky, head of P&E, said: "The Block has been hyper focused on building Pro into the most comprehensive platform in the crypto space.

NVCA Updates Industry Standard Model Legal Documents to Empower Venture Community

Retrieved on: 
Wednesday, October 11, 2023

WASHINGTON, Oct. 11, 2023 /PRNewswire/ -- In response to the ever-evolving venture capital landscape, The National Venture Capital Association (NVCA) is pleased to announce significant updates to five of its premier model legal documents, which are freely available to VCs, startups, and other members of the entrepreneurial ecosystem.

Key Points: 
  • WASHINGTON, Oct. 11, 2023 /PRNewswire/ -- In response to the ever-evolving venture capital landscape, The National Venture Capital Association (NVCA) is pleased to announce significant updates to five of its premier model legal documents, which are freely available to VCs, startups, and other members of the entrepreneurial ecosystem.
  • "In today's era of notable VC investment, where actionable analytics are crucial, NVCA's Model Legal Documents simplify transactions, establish industry standards, and offer flexibility, along with valuable commentary to navigate the complexities of VC financing," said NVCA President and CEO Bobby Franklin.
  • "By continually updating these documents, NVCA and the General Counsel Advisory Board democratize access to vital insights and equip the startup ecosystem with the latest resources and best practices."
  • The revised model documents have been updated to reflect evolving market norms on key deal terms, address updates to the Delaware General Corporation Law (DGCL), and recent case law.

Minister Valdez announces new investments to help diverse entrepreneurs grow their businesses

Retrieved on: 
Wednesday, October 11, 2023

A second call for expressions of interest for another round of investments of $25 million is ongoing and will close on November 22, 2023.

Key Points: 
  • A second call for expressions of interest for another round of investments of $25 million is ongoing and will close on November 22, 2023.
  • "Supporting inclusive growth in the venture capital sector ensures that entrepreneurs and start-ups led by diverse individuals receive the investments that they historically haven't been granted simply because of their identity.
  • – The Honourable Rechie Valdez, Minister of Small Business
    "For an economy to reach its full potential, everyone needs to participate.
  • BDC, which manages the VCCI, is Canada's most active single VC investor, managing over $4.2 billion in VC investments.