EIC | Jotup

Powerful Medical's AI Breakthrough Marks a New Dawn in Heart Attack Diagnostics with EIC Support Doubles Sensitivity in Identifying Acute Coronary Occlusion on 12-Lead ECG

Retrieved on:

Monday, March 18, 2024

European Innovation Council, Longevity, Medicine, Cardiology, Patient, Splenic infarction, MD, EIC, Accelerator, European Investment Bank, Heart, EIB, FDA, Health, Medical device

With a landmark advancement in medical diagnostics, Powerful Medical has distinguished itself within the competitive digital health landscape.

Key Points:

With a landmark advancement in medical diagnostics, Powerful Medical has distinguished itself within the competitive digital health landscape.
At the core of its mission, Powerful Medical introduces the PMcardio platform, a CE-certified medical device leveraging proprietary AI to analyze electrocardiograms (ECGs) with remarkable precision.
This platform is capable of diagnosing heart attacks — specifically, occlusion myocardial infarctions — significantly earlier and with double the sensitivity compared to the current standard of care.
- Robert Herman, MD, Chief Medical Officer
As Powerful Medical begins its Series A fundraising, the EIC Accelerator's grant and investment endorse the company's vision and technology.

Saviynt Recognized on Inc. Magazine’s List of the Pacific Region’s Fastest-Growing Private Companies

Retrieved on:

Tuesday, April 2, 2024

Apps, Applications, Technology, Entrepreneur, Publishing, Security, Communications, Software, Networks, Internet, Consumer, Cloud, Database, Growth, CFO, Regionals, EIC

151 on Inc. Magazine’s fourth annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, Alaska.

Key Points:

151 on Inc. Magazine’s fourth annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, Alaska.
Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy’s most dynamic segment – its independent small businesses.
“The honorees in our Inc. 5000 network are the Who’s Who of private companies.
(Since then, a number of companies on the list have gone public or been acquired.)

Eagle Point Income Company Inc. Prices Offering of Preferred Stock

Retrieved on:

Wednesday, March 27, 2024

Banking, Asset Management, Professional Services, Finance, EICA, EDGAR, Sale, Security (finance), NRSRO, Prospectus, Preferred stock, EIC, Egan-Jones Ratings Company, 4th floor, Fifth Avenue

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has priced an underwritten public offering of 1,220,000 shares of its 8.00% Series C Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $29.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Key Points:

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has priced an underwritten public offering of 1,220,000 shares of its 8.00% Series C Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $29.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.
The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency.
In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 183,000 shares of Preferred Stock on the same terms and conditions.
The Preferred Stock offering is expected to close on April 3, 2024, subject to customary closing conditions.

Eagle Point Income Company Inc. Announces Offering of Preferred Stock

Retrieved on:

Tuesday, March 26, 2024

Banking, Asset Management, Professional Services, Finance, EICA, EDGAR, Sale, Security (finance), NRSRO, Prospectus, EIC, Egan-Jones Ratings Company, 4th floor, Fifth Avenue

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has commenced an underwritten public offering of its Series C Term Preferred Stock (the “Preferred Stock”).

Key Points:

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has commenced an underwritten public offering of its Series C Term Preferred Stock (the “Preferred Stock”).
The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters.
The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency.
In addition, the Company plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions.

Saviynt Co-Chairs Identity Management Day 2024

Retrieved on:

Wednesday, March 20, 2024

Technology, Data Management, Security, Cloud, PDT, Organization, Conference, Nomination, Risk, Blog, PST, EIC, Ecosystem, DOM events, IDSA, Plague, Cryptocurrency

Saviynt , a leading provider of cloud-native identity and governance platform solutions, today announced its selection as co-chair of Identity Management Day on April 9, 2024.

Key Points:

Saviynt , a leading provider of cloud-native identity and governance platform solutions, today announced its selection as co-chair of Identity Management Day on April 9, 2024.
This event allows us to help educate organizations on ways to better understand and improve the security of their identity management programs.”
During Identity Management Day, Saviynt aims to educate attendees about practices and methods that reduce the likelihood and scope of identity-related breaches.
2024 Identity Management Awards: Identity Management Day is about more than awareness.
To learn more about Saviynt’s participation in Identity Management Day and its importance to the identity authority leader, please visit our blog .

Europe Leaps Ahead in Global AI Arms Race, Joining $20 Million Investment in NeuReality to Advance Affordable, Carbon-Neutral AI Data Centers

Retrieved on:

Tuesday, March 19, 2024

View the full release here: https://www.businesswire.com/news/home/20240319442956/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240319442956/en/
NeuReality co-founders (left to right) Yossi Kasus, Moshe Tanach, Tzvika Shmueli (Photo: Business Wire)
This $20 million raise brings NeuReality’s total funding to $70 million.
NeuReality’s efficient AI-centric system architecture enables companies to run generative AI applications and large language models (LLMs) without overinvesting in scarce and underutilized GPUs.
By connecting directly to Ethernet, NR1 efficiently manages AI queries from vast data pipelines originating from millions of users and billions of devices.
The additional $20 million propels NeuReality for broader AI Inference deployment as both conventional and generative AI applications surge in demand.

Splinter Revived, Jacob Weindling Named Editor-in-Chief Under Paste Magazine Ownership

Retrieved on:

Wednesday, March 27, 2024

Acquisition, Politics, Paste (magazine), EIC, Journalism, Human, Publishing

NEW YORK, March 27, 2024 /PRNewswire/ -- Paste Magazine announced today the relaunch of Splinter, a pioneering online publication known for its bold and progressive, political journalism. With this development comes the appointment of Jacob Weindling as the Editor-in-Chief, signaling a dynamic new chapter for Splinter under Paste Magazine's ownership.

Key Points:

With this development comes the appointment of Jacob Weindling as the Editor-in-Chief, signaling a dynamic new chapter for Splinter under Paste Magazine's ownership.
"We are thrilled to formally welcome Splinter into the Paste Magazine family with today's launch announcement and have Jacob Weindling lead the charge as Editor-in-Chief," said Josh Jackson, Founder and CEO of Paste Magazine.
"The acquisition marks a significant milestone for Paste Magazine, and we're eager to see the unique perspectives Splinter brings to our diverse audience.
Under the new ownership of Paste Magazine and the editorial leadership of Weindling, Splinter is poised to reclaim its position as a leading voice in progressive journalism.

Pilot Photonics secures large european funding win to develop key technologies for CPO scaling

Retrieved on:

Monday, March 25, 2024

Transition, CPO, European Innovation Council, SAN, San Diego Convention Center, DSP, Pressure, Algorithm, EIC, Communication

The explosion in data processing due to the adoption of AI/ML is putting further pressure on datacentre networks and in large computing arenas.

Key Points:

The explosion in data processing due to the adoption of AI/ML is putting further pressure on datacentre networks and in large computing arenas.
New architectures are emerging to tackle this problem but already scaling challenges are appearing and new innovations will be needed to overcome them.
Supported by this EIC funding Pilot Photonics will mature a number of its patented technologies including comb lasers, ring resonator IQ modulators and comb-enhanced DSP algorithms.
These innovations are relevant to both pluggable and CPO architectures today and can help unlock coherent communication inside the datacentre.

Pilot Photonics secures large european funding win to develop key technologies for CPO scaling

Retrieved on:

Monday, March 25, 2024

Transition, CPO, European Innovation Council, SAN, San Diego Convention Center, DSP, Pressure, Algorithm, EIC, Communication

The explosion in data processing due to the adoption of AI/ML is putting further pressure on datacentre networks and in large computing arenas.

Key Points:

The explosion in data processing due to the adoption of AI/ML is putting further pressure on datacentre networks and in large computing arenas.
New architectures are emerging to tackle this problem but already scaling challenges are appearing and new innovations will be needed to overcome them.
Supported by this EIC funding Pilot Photonics will mature a number of its patented technologies including comb lasers, ring resonator IQ modulators and comb-enhanced DSP algorithms.
These innovations are relevant to both pluggable and CPO architectures today and can help unlock coherent communication inside the datacentre.

EIC Rose Rock Investment Aims to Utilize AI to Improve Worker Safety

Retrieved on:

Thursday, March 7, 2024

H&P, Artificial intelligence, EIC, Safety, Organization, Accident, Renewable energy

“We are excited to lead this investment into Safety Radar and continue delivering innovation and value to our corporate partners.

Key Points:

“We are excited to lead this investment into Safety Radar and continue delivering innovation and value to our corporate partners.
Garrison Haning, Safety Radar’s CEO, stated, “We are excited to become part of the EIC Rose Rock portfolio.
Their investment highlights our shared excitement as Safety Radar’s AI platform aims to keep people safe in a diverse set of industries.
"We are excited about Safety Radar’s technology and the potential safety impacts it has for our employees and others working in our industry.”
Prior to the investment from EIC Rose Rock, Safety Radar was a member of the Rose Rock Bridge start-up incubator and received a $100,000 non-dilutive grant to build the company in Tulsa.