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Famed car designer Henrik Fisker is mounting a comeback seven years after his pioneering electric vehicle company collapsed. This time he has a secret weapon: Geeta Gupta-Fisker, his cofounder, CFO–and wife

Allan Ohnsman – Forbes Staff

Henrik Fisker seems straight from Hollywood central casting for the role of “famous European car designer.” A tall, blonde, handsome 57-year-old Dane, he first became known outside the car world in 1999 for styling a silver, convertible BMW Z8 roadster for Pierce Brosnan’s James Bond in The World Is Not Enough. In the early 2000s he ran Aston Martin’s famed design studios before serving as an early design consultant to Elon Musk’s Tesla. In 2007, he founded Fisker Automotive, which made one of the world’s first plug-in cars, before failing spectacularly six years later. 

Now he’s back–and three things are different. First and foremost, he has a vital new partner: his wife, cofounder and Fisker Inc. CFO Geeta Gupta-Fisker. Second, his Los Angeles-based company is public this time around, raising more than $1 billion in an October 2020 IPO. And finally, Fisker’s stock price, up 56% since its debut, has made both Henrik and Geeta billionaires, each worth about $1.1 billion as of Friday’s market close. The auto industry has seen father-son and sibling leadership teams, but Fisker Inc.’s CEO-CFO combo is the fast-changing sector’s first husband and wife power couple.

The complete article “Meet The Fiskers, The Billionaire Power Couple Taking On Tesla” can be found on the Forbes website.

ThriveFantasy, the pioneering daily fantasy sports and esports prop betting platform, today announced that it has entered into a strategic partnership with top esports organization Envy Gaming. The wide-ranging partnership is ThriveFantasy’s first with an esports team and will see ThriveFantasy named the Official Daily Fantasy Esports Platform for Team Envy. Envy Gaming is the owner and operator of global esports franchise Team Envy, competing in CS:GO, Halo, Rocket League and Valorant, and owns franchise teams the Dallas Fuel (competing in Overwatch) and the Dallas Empire (competing in Call of Duty).

“We know gaming fans crave interactive experiences that can bring them closer to their favorite players and teams – and that is exactly what ThriveFantasy is powering with their focus on a fantasy esports ecosystem and prop betting,” said Adam Rymer, CEO at Envy.

Additional information can be found in the PRNewswire press release.

CAMBRIDGE, Mass., Dec. 9, 2020 /PRNewswire/ — Smartvid.io, an AI-powered construction safety platform, today announced a $5 million round of new funding from Sony Innovation Fund (SIF) and IA Capital Group. Joining the round were prior investors, Building VenturesCompanyon Ventures and Converge, among others. This new round brings the total amount of funding that Smartvid.io has raised to $21 million.

“Smartvid.io has demonstrated strong commercial traction both with top-tier construction companies in the US, EU and Japan, as well as insurance carriers,” said Gen Tsuchikawa, CEO and Chief Investment Officer for the Sony Innovation Fund (SIF) and Innovation Growth Ventures (IGV). “By harnessing a very concrete and pragmatic use of machine vision in an industry vertical that is still analog and fragmented, Smartvid.io provides a cutting-edge example of how advanced technologies can be applied to solve difficult problems, while still blending into the existing work process. This investment marks our very first investment in the AEC space and we couldn’t be more excited to have expanded our industrial portfolio with Smartvid.io.”

Additional information can be found in the PRNewswire Press release.

As companies ramp up their data focus, accessibility becomes critical. Most companies use scaleable log analytics solutions based on the ELK stack (aka Elasticsearch).

But faced with data at scale, the ELK stack faces challenges, including rising retention costs and crashing clusters, according to Ed Walsh (pictured), chief executive officer of ChaosSearch Inc. But ChaosSearch, a scalable log analytics data platform, is promising a way out of the data disorder.

“We’re an ideal replacement for … either Elasticsearch or ELK Stack deployments if you’re hitting scale issues,” Walsh said.

Walsh spoke with Justin Warren, guest host of theCUBE, SiliconANGLE Media’s livestreaming studio, during AWS re:Invent. They discussed how the ChaosSearch Data Platform is delivering data lake-level benefits at a fraction of the cost of current log analytics solutions.

Lumentum Holdings Inc. (“Lumentum”) (Nasdaq: LITE) and TriLumina Corporation (“TriLumina”) today announced that Lumentum has acquired certain technology assets of TriLumina, including its patents and other intellectual property. TriLumina technology includes innovative flip-chip, back-emitting VCSEL arrays for use in a wide range of applications, including 3D sensing, automotive safety and driver assistance systems and LiDAR, and other emerging applications. Terms of the transaction were not disclosed.

Additional information can be found on the PR Newswire release.

Genesis will be the first automaker in the industry to commercialize EV wireless charging on a production vehicle.

Developed by WiTricity, WiTricity’s high efficiency 3.6-11 kW EV charging system provides carmakers, Tier 1 suppliers, and charging infrastructure suppliers the most flexible and interoperable wireless charging system design. The system, which has undergone rigorous testing by the US Department of Energy, and been shown to be the most efficient and most interoperable system available. WiTricity’s efficient design and architecture have been included in global standardization efforts led by the SAE International and IEC/ISO (International); DKE and Project STILLE (Germany); and CATARC (China).

Additional information can be found in the Carbuzz article.

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (“Fisker”), a developer of the world’s most emotionally desirable, eco-friendly electric vehicles, announced today that it has completed its business combination (“Business Combination”) with Spartan Energy Acquisition Corp. (“Spartan”) (NYSE:SPAQ), a special purpose acquisition company sponsored by an affiliate of Apollo Global Management, Inc. (NYSE:APO). Spartan stockholders approved the business combination in a special meeting held on Oct. 28, 2020. On Oct. 30, 2020, the combined company’s Class A common stock and public warrants are expected to commence trading on the New York Stock Exchange (“NYSE”) under the ticker symbols “FSR” and “FSR WS,” respectively.


“All the external pieces are now in place to execute our unique, asset-light business strategy, with today’s funding and the strategic cooperation announced with Magna on Oct. 15.

We can now fully turn our attention to developing and launching the revolutionary, all-electric Fisker Ocean into the heart of the midsize SUV market, expected to commence in Q4 2022. We appreciate the confidence from all our shareholders and intend to deliver on our stated goals.”

Henrik Fisker – Fisker Chairman and Chief Executive Officer


Additional information can be found in the Fisker website.

WiTricity, the industry pioneer in efficient wireless power transfer over distance, today announced it has closed a $34 million investment round. Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its U.S. subsidiary, Mitsubishi Corporation (Americas). The infusion of capital will enable WiTricity to continue its leading-edge wireless power platform development, expand its intellectual property portfolio, and capitalize on the commercial momentum for wireless charging for electric vehicles (EVs) and in the broader mobility market.


“The mobility industry is at a remarkable inflection point. As automakers increasingly prioritize electrification, the industry seeks to improve the EV ownership experience. Our wireless charging shifts the act of charging to the background—just park and it charges. We have been working with the automotive industry for over a decade to make this a reality.

The new financing round validates our market position and vision for a future of wirelessly charged mobility. The expanding EV market is now ready, industry standards are set, and we’re excited to bring the wireless charging experience to customers.”


Alex Gruzen, CEO, WiTricity


Additional information can be found in the WinTricity Press release.

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (Fisker) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – today announced that it is set to reveal the production version of the Fisker Ocean, its all-electric SUV, at the 2021 Los Angeles Auto Show.

“It’s with great excitement that we’re making the global debut of the Fisker Ocean here in our home city of Los Angeles. As befits the world’s first digital car company, we are also planning to showcase several Fisker-unique technologies that will support our differentiated ownership experience and vehicle functionality.”

Henrik Fisker – Fisker Chairman and Chief Executive Officer

Additional information can be found in the businesswire press release.

BOSTON, MA – October 21, 2020 – ChaosSearch, creator of the first cloud data lake platform for scalable log analysis, today announced it has named Melinda Smith as Chief Financial Officer. Smith was most recently CFO for PayPal’s Venmo business unit, which she shepherded through a period of explosive growth in revenue and customer acquisition. Smith, who has held CFO positions at several high-growth and acquired startups, joins an accomplished ChaosSearch executive team, including recently appointed CEO Ed Walsh, a serial entrepreneur and former General Manager of IBM Storage division, and founder and visionary CTO Thomas Hazel.

“Successful businesses run on data and, increasingly, on AI and machine learning apps that leverage that data. But because analyzing the tsunamis of data companies generate is so difficult and expensive, most companies limit what they retain and analyze.

ChaosSearch has a breakthrough, customer-proven solution that makes it extremely easy to retain, search, and analyze unlimited amounts of data at a cost that is often 80% less than competitive approaches. I believe they have the potential to be a unicorn, and the team to make it happen. I’m really excited about joining such a dynamic, world-class group.”


Melinda Smith, CFO of ChaosSearch

“Melinda clearly has a phenomenal track record of identifying the next big disruptive companies and readying them for hyper growth. Her strategic and financial acumen is exactly what we need to quickly scale ChaosSearch to the next level. We’re beyond thrilled to have her on board.”


Thomas Hazel, CTO and founder of ChaosSearch


Additional information can be found on the ChaosSearch Website.

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