Entrepreneur First

Vivid Machines Closes $4.3M USD Seed Round Funding to Expand End-to-End Computer Vision Services for Fruit Supply Chain

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Thursday, April 20, 2023

Agriculture, Natural Resources, Technology, Supply Chain Management, Food, Beverage, Other Natural Resources, Retail, Other Technology, Machine, Vivid, Entrepreneur First, MaRS Discovery District, BDC, Moody Fabrication & Machine, Inc., Fruit, Forecasting, Cornell University, Machine learning

Vivid Machines Inc. today announced successful completion of an oversubscribed first close of its seed round funding of $4.3M USD.

Key Points:

Vivid Machines Inc. today announced successful completion of an oversubscribed first close of its seed round funding of $4.3M USD.
Vivid Machines plans to use its seed round funding to speed development of a broader set of system applications as well as expand its capabilities to a wider variety of fruit crops.
“Vivid Machines brings a higher level of transparency and efficiency to the fruit supply chain,” said Michelle Scarborough, managing partner, BDC Capital Thrive Venture Fund.
We are excited to support Jenny and Jonathan, and the whole Vivid Machines team, in their important work to revolutionize fruit production and reduce food waste.’’
For more information about Vivid Machines, please visit vivid-machines.com .

Accelerating Energy Efficiency Adoption, Deep-tech Startup KrossLinker Develops a Cost-effective Aerogel Insulation

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Thursday, February 2, 2023

Vaccine, Hospital, ADB, Amaravati seed capital road, Clinical trial, Research, Third derivative, Temperature, Vehicle registration plates of Nepal, Entrepreneur First, Enterprise Singapore, Renewable energy

KrossLinker's first aerogel product, Cryar® Aerogel Board, targets the cold-chain industry, where a positive market growth trend is expected.

Key Points:

KrossLinker's first aerogel product, Cryar® Aerogel Board, targets the cold-chain industry, where a positive market growth trend is expected.
A 2020 report indicated that packaging costs account for around 30% of the total spending of pharmaceutical cold chain companies.
KrossLinker has collaborated with several specialty packaging, logistic companies, and hospitals to commercialize and accelerate the adoption of Cryar® aerogel shippers.
With faster production and low energy consumption of the novel drying technology, our aerogel is made at half the production and capital expenditure of traditional aerogel without compromising its performance.

Y42 launches the first Modern DataOps Cloud to offer fully managed environment for running production-ready data pipelines

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Wednesday, November 2, 2022

View the full release here: https://www.businesswire.com/news/home/20221102005188/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20221102005188/en/
Y42 launches the first Modern DataOps Cloud to offer fully managed environment for running production-ready data pipelines (Photo: Business Wire)
Y42 launched in 2020, offering a no-code approach to building and managing data pipelines.
Key features of Y42, which runs on top of the Snowflake and BigQuery cloud data warehouses, include:
Increased accessibility to data through a fully managed and accessible data stack.
The need for a Modern DataOps Cloud to manage data pipelines in a scalable manner has become mission-critical, said Cantwell.
We do this by letting companies access a fully managed environment to build production-ready, end-to-end data pipelines through Y42s Modern DataOps Cloud, which natively integrates best-of-breed tools from the modern data stack on top of the customers cloud data warehouse.

Vertex Ventures US Raises $200 Million Third Fund to Double-down on high-conviction approach to venture capital

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Monday, September 26, 2022

Initial investments range from $500K to $10M, and Vertex continues supporting companies as they scale to growth stages and beyond.

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Initial investments range from $500K to $10M, and Vertex continues supporting companies as they scale to growth stages and beyond.
The firm invests in only a few new companies each year, allowing it to concentrate time and capital on a small portfolio.
We believe that our concentrated strategy - devoting time, energy and capital towards a few new investments each fund - is best aligned for founders and investors, said Jonathan Heiliger.
Before turning to venture capital, the duo were founders and senior operating executives at Opsware, Kiva Software, Couchbase, Global Crossing, and Facebook.

UK Startup Hadean raises a $30M Series A to power the metaverse

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Friday, September 23, 2022

LONDON, Sept. 23, 2022 /PRNewswire/ -- London-based deep tech start-up, Hadean, has secured $30 million in funding to build out its record-breaking metaverse infrastructure technology - already supporting virtual worlds in immersive entertainment and enterprise digital twins.

Key Points:

Molten Ventures led Series A and was joined by 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel.
The Series A, along with an investment from Epic Games, will help Hadean build out the company's scalable, interoperable and secure metaverse capabilities.
As an open platform for distributed cloud computing, Hadean can be considered the "infrastructure" that powers the metaverse so it can become a reality.
Founded in 2015, Hadean are a venture backed startup, reimagining distributed, spatial and scalable computing for web 3.0 and the metaverse.

UK Startup Hadean raises a $30M Series A to power the metaverse

Retrieved on:

Friday, September 23, 2022

LONDON, Sept. 23, 2022 /PRNewswire/ -- London-based deep tech start-up, Hadean, has secured $30 million in funding to build out its record-breaking metaverse infrastructure technology - already supporting virtual worlds in immersive entertainment and enterprise digital twins.

Key Points:

Molten Ventures led Series A and was joined by 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel.
The Series A, along with an investment from Epic Games, will help Hadean build out the company's scalable, interoperable and secure metaverse capabilities.
As an open platform for distributed cloud computing, Hadean can be considered the "infrastructure" that powers the metaverse so it can become a reality.
Founded in 2015, Hadean are a venture backed startup, reimagining distributed, spatial and scalable computing for web 3.0 and the metaverse.

Core Biogenesis Raises $10.5M To Accelerate Plant-Based Bioproduction

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Thursday, July 28, 2022

STRASBOURG, France, July 28, 2022 /PRNewswire/ -- Core Biogenesis, an emerging biotechnology company with a novel plant-based bioproduction platform, recently completed a $10.5M Series A funding round. The funds will be used to build out an industrial scale facility dedicated to producing growth factors and cytokines for the burgeoning cell therapy market and cellular agriculture industry, and to hire additional scientific and technical staff to support the expansion. The funding round was led by XAnge, a Paris-based science and technology venture capital firm. Other investors include Blue Horizon Ventures, a Zurich-based venture capital firm with a focus on protein alternatives and food tech, and Thia Ventures, an investor at the crossroads of biotechnology, nutrition and health, with offices in Geneva, Luxembourg, Belgium and Singapore.

Key Points:

STRASBOURG, France, July 28, 2022 /PRNewswire/ -- Core Biogenesis, an emerging biotechnology company with a novel plant-based bioproduction platform, recently completed a $10.5M Series A funding round.
Founded in May 2020, Core Biogenesis has developed a proprietary technology to express recombinant proteins from the seeds of the Camelina sativa oilseed plant.
At Core Biogenesis, we truly believe that what is good for the patient can also be good for the planet."
Founded in May 2020 by Dr. Chouaib Meziadi and Alexandre Reeber, Core Biogenesis employs a novel green bioproduction platform to express recombinant proteins from plants.

Voltz, The First Synthetic Interest Rate Swap Protocol for DeFi, Launches Lido and Rocket Pools

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Friday, July 1, 2022

LONDON, July 1, 2022 /PRNewswire-PRWeb/ -- Voltz Protocol, DeFi's first synthetic interest rate swap (IRS) AMM, launches Lido (stETH) and Rocket (rETH) pools, providing traders with a capital-efficient way to speculate on the upcoming merge whilst also serving as a sophisticated primitive for returns risk management.

Key Points:

LONDON, July 1, 2022 /PRNewswire-PRWeb/ -- Voltz Protocol , DeFi's first synthetic interest rate swap (IRS) AMM, launches Lido (stETH) and Rocket (rETH) pools, providing traders with a capital-efficient way to speculate on the upcoming merge whilst also serving as a sophisticated primitive for returns risk management.
The move to launch these new stETH and rETH pools comes after Voltz Protocol initially launched with Aave and Compound base stablecoin rates.
Because the protocol is synthetic and generalizable, pools can be created for any asset with a variable rate of return, providing the opportunity for an even wider range of financial products and trading strategies.
Voltz Protocol is DeFi's first synthetic interest rate swap AMM and is up to 3,000x more capital efficient than alternative models.

Alliance of Tech Founders Line up to Invest in the Next Generation of Global Innovators With $158m Series C Funding Round for Entrepreneur First

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Wednesday, June 29, 2022

Founded in 2011 by Matt Clifford and Alice Bentinck in London, EF now employs 120 around the world.

Key Points:

Founded in 2011 by Matt Clifford and Alice Bentinck in London, EF now employs 120 around the world.
It operates as an early-stage investor, helping talented people find co-founders to partner with ahead of launching startups.
The ability to partner before there even is a company is both a relationship and an economic strength, he added.
Alice Bentinck, co-founder of Entrepreneur First, said: As the value of EFs portfolio companies passes $10bn, we feel were just getting started.

Voltz Launches First Synthetic Interest Rate Swap Protocol for DeFi, Catalyzing New Wave of DeFi Products & Empowering Crypto to Challenge TradFi's $1,000T Exchanged/Year

Retrieved on:

Wednesday, June 1, 2022

LONDON, June 1, 2022 /PRNewswire-PRWeb/ -- Voltz Protocol launches DeFi's first synthetic, capital-efficient interest rate swap (IRS) AMM, providing the framework for DeFi to compete with TradFi's $1,000T IRS exchanged per annum and unlocking a new realm of possibilities for dapps to serve the financial needs of the world.

Key Points:

This is why we're so excited to bring Voltz Protocol to DeFi, the first synthetic IRS protocol that will unlock a tidal wave of new products for the ecosystem."
Voltz Protocol will initially launch with Aave and Compound base stablecoin rates and will add many other markets in the coming months, including Lido's stETH.
Voltz Protocol is DeFi's first synthetic interest rate swap (IRS) AMM and is highly capital efficient.
Voltz Protocol is composable, permissionless, and open-source, providing developers with the foundation to build the future of DeFi.