News Feed
Posts

Trace Genomics, inventor of the first scalable soil microbiome with DNA sequencing and machine learning methods, is a winner of the FoodShot Global Innovating Soil 3.0 competition.

FoodShot Global was established last year as a non-profit consortium of venture funds, banks, corporations, universities, and foundations to invest in startups and projects using the latest technology to address some of the food system’s major challenges, starting with soil health. Partners include Rabobank, Generation Investment Management, agtech VC Acre Venture Partners, S2G Ventures, the Rockefeller Foundation, UC Davis Innovation Institute for Food and Health (IIFH), and the entrepreneurial segment of the food giant MARS (MARS Edge).

The $3 million investment in Trace Genomics is an extension to its Series A and will open up FoodShot Global’s network of stakeholders for additional support, according to Victor Friedberg, founder of FoodShot Global (FSG).

Additional information can be found on the Agfunder website.

Atlanta, GA, April 26, 2019 — PureCars, a leader in marketing automation and business intelligence for the automotive industry, today welcomes Diversis Capital, LLC, and Stage 1 Ventures, LLC as new strategic investors. The acquisition was part of a spinout from Raycom Media as a result of their merger with Gray Television.

“The new ownership is great for PureCars as it allows us to accelerate our advancement in product, technology, data, and our insatiable commitment to customer service excellence,” said Samuel Mylrea, CEO of PureCars. “We are driven by the tremendous opportunity for our data and technology platform to help dealers improve operations, customer acquisition, retention, and ultimately drive more customer lifetime value and profitability. I believe Diversis and Stage 1 Ventures will help us fully realize this opportunity faster.”

The complete press release can be viewed here.

Canadian cannabis company Canopy is positioning itself to be a prime mover in the U.S. legal marijuana market, last week announcing an agreement to acquire Acreage Holdings in a deal valued at $3.4 billion.

The deal, the first between two cannabis companies on either side of the U.S.-Canada border, gives Canopy the right to acquire 100 percent of New York-based Acreage when marijuana is legalized on a federal level by the U.S. government. The agreement can be called off if that does not occur within 90 months of the cash payment, which would be sometime in 2027.

Canopy Growth press release can be found here.

Acreage Holdings press release can be found here.

Openbay, the award-winning and industry leading marketplace for automotive services and provider of SaaS solutions for the automotive aftermarket, today announced the launch of Otis. Openbay Otis is an automated artificial intelligence (AI) and machine learning application designed to serve as a powerful and knowledgeable virtual automotive service advisor. Otis supports the needs of vehicle owners interacting with automotive aftermarket businesses and automotive dealership service departments, delivering important intent-matching capabilities and information about a business. It also simulates the knowledge and natural language of an automotive service advisor, able to perform tasks central to an automotive services business or automotive service department business.

Openbay Otis is the first-of-its-kind application for the automotive service and aftermarket industry. Otis operates 24/7 and is integrated into the online presence of an automotive services business. Otis understands and responds in natural language via a messaging communication platform, engaging in conversations that are two-way, private and personalized. With its deep knowledge in automotive and an understanding of millions of mechanical services for a variety of import and domestic vehicle year-make-models, Otis is positioned to uniquely answer questions and deliver information to consumers seeking to repair or service their vehicle.

Additional information can be found in the Openbay Press release

CHAOSSEARCH, Inc., creator of the first solution to make cloud storage searchable, today announced the general availability of their industry-leading search and analytics platform. Using scalable elasticity and disruptive cost economics, the CHAOSSEARCH platform gives customers the ability to store, search and query all the data they need within their own Amazon S3 environment.

“Deriving insight from data is critical—for a company and its customers,” said Andrew Kenney, VP Engineering at Klaviyo. “As a data science platform for e-commerce brands, we work with thousands of customers globally. It’s critical that we have fast, reliable access to all of our logs and event telemetry to allow us to make decisions faster. CHAOSSEARCH is helping us improve the service we deliver.”

Additional information and the GA announcement details can be found on the CHAOSSEARCH website.

Freight Farms is pleased to announce the launch of ICA Maxi Högskolan’s own line of produce grown onsite for shoppers. Located in Halmstad Sweden, Freight Farms customer ICA Maxi Högskolan is one of ICA Gruppen’s 1,300 grocery stores in the country. This month, the store began harvesting a range of hydroponically-grown greens for shoppers from Freight Farms’ flagship container farm, the Leafy Green Machine.

“Our team innovated the technology to empower individuals and businesses all over the world to decentralize the food system in meaningful ways specific to their local community or environment,” said Freight Farms CEO Brad McNamara. “We’re thrilled to work with industry leaders like Rikard Hillarp and retailers like ICA Maxi, who together have the forward-thinking vision and reach to disrupt the grocery industry internationally.”

Additional details can be found on the Freight Farms website.

OnePIN, Inc. the world’s leading provider of Digital User Engagement services for mobile network operators, processed its billionth commercial transaction and shattered another significant milestone.

The Company’s services are currently deployed to over 400 million mobile subscribers, across 14 countries and 18 mobile operators spanning seven of the world’s largest mobile operator groups.

“We enable operators to provide services that go beyond the capabilities of OTT players, strategically ensuring that mobile operator services are an essential part of daily mobile life for customers. By creating a unique digital dialog between the mobile operator and the end user, we drive unparalleled levels of core service revenues for our customers,” noted Christopher DeGrace, Vice President of Products and Alliances.

Additional information can be found on the PRnewswire press release.

Canadian pet food company Petcurean has announced it will utilize Promoboxx, a digital marketing tool used to connect pet retailers to consumers with meaningful, branded content to support business. The platform uses online marketing channels to compel consumers to visit brick-and-mortar stores with localized content.

“Petcurean believes in, invests in, and truly supports their local retail partners,” said Ernie Cormier, CEO and president at Promoboxx. “Promoboxx shares these values, and we are proud to partner with Petcurean and their retailer network to increase consumer engagement and drive better business results. We support brands and their local retailers so they can better communicate with their consumers, grow their businesses, and create more authentic experiences.”

Additional details can be found in the Pet Food Processing article.

C|Net Road show coverage reports the announcement of Fiskers intention to launch a futuristic, elegant muscular EV vehicle in 2021.

Fisker has published a media advisory which includes additional information.  This press release can be found on the fisker website.

The C|Net article can be found here.

Watertown, Massachusetts – February 11, 2019 – WiTricity, the industry pioneer in wireless power transfer, today announced the acquisition from Qualcomm Incorporated and Qualcomm Technologies, Inc. of certain technology platform and IP assets, which will bring to over 1,500 the number of patents and patent applications related to wireless charging that WiTricity will own or control. Through the transaction Qualcomm Incorporated will become a minority WiTricity shareholder.

Additional information can be found on the WinTricity press release.

Older Posts »