‏إظهار الرسائل ذات التسميات globenewswire. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات globenewswire. إظهار كافة الرسائل

Valhalla Private Capital Partners with Plug and Play Alberta

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The Calgary-headquartered investment firm focused on early-stage entrepreneurs, and world-class innovation platform collaborate to support startup ecosystem gain traction globally

Calgary, March 16, 2023 (GLOBE NEWSWIRE) -- Valhalla Private Capital has launched a collaborative partnership with Plug and Play Alberta, to amplify both companies' respective outreach across the North American startup ecosystem, increasing investor recruitment and engagement for both parties.

The agreement will see Valhalla Private Capital and Plug and Play Alberta co-host events and cross-promote each other via digital platforms to enhance the exposure of startup companies to investors.

Valhalla Private Capital and Plug and Play Alberta are set to collaborate on a special new program to be delivered to all batch program startups, covering topics such as term sheets, valuations and later-stage startups. The pair will also collaborate on a semi-annual half-day event targeting new capital nationwide to consider startups as an asset class.

Speaking of the partnership Teruel Carrasco, president at Valhalla Private Capital, said:

 "Valhalla Private Capital is honoured to work with Plug and Play Alberta. Plug & Play is a leading accelerator and investor and has demonstrated its ability to support startups through their unique partnerships with the corporate community. It made complete sense for us to partner with Plug and Play Alberta as it supports our mission to work and support local ecosystems with an eye to the global market."

As a result of this partnership, Plug & Play Alberta will function as a sponsor at Valhalla Private Capital's event' Vantage: Early Stage Investing in 2023'. The inaugural one-day summit brings together accredited investors, family offices, institutional investors and founders to begin an exploration of the asset class as an investment strategy on March 22, 2023. Valhalla Private Capital will release more info on speakers and attendees in the run-up to Vantage, an event which brings Canada's premier Venture Capital groups to Calgary. 

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Valhalla Private Capital
Valhalla Private Capital is a full-service corporate finance firm focused on early-stage entrepreneurs. With the largest angel network in Western Canada, a suite of investment funds, education, training & mentorship programs, and M&A advisory services, Valhalla serves the entire lifecycle needs of entrepreneurs who operate businesses and entrepreneurs who invest in businesses. 

Plug and Play Alberta
Plug and Play Alberta is building a world-class innovation platform to attract top technology and investment to the region and support Albertan entrepreneurs to scale and grow, hire tech talent, and propel digital transformation across the province. Plug and Play is part of the Alberta Scaleup and Growth Accelerator Program that is run by a consortium led by Alberta Innovates. The consortium, which also includes Technology and InnovationEdmonton Unlimited, the Opportunity Calgary Investment Fund, and Prairies Economic Development Canada (PrairiesCan), allocated $35 million over three years to retain business accelerators. It's part of the Alberta government's goal to help create 20,000 jobs and increase technology firm revenue to $5 billion by 2030.

Media Contacts:
Theresa Tayler
Principal & Founder
Start Me Up PR Inc.
theresatayler@startmeuppr.com
403.818.9689

CONTACT: Teruel Carrasco
Valhalla Private Capital
780-934-3622
tcarrasco@valhallaprivatecap.com



Golda, The Largest Israeli Ice-cream Franchise Chain With 130+ Branches, Launches Its Ordering and Delivery Experience Using DelivApp SaaS Platform

The entire process is powered by the DelivApp e-commerce platform for food businesses
TEL AVIV, Israel, March 12, 2023 (GLOBE NEWSWIRE) -- Golda, the largest Israeli ice-cream franchise chain with over 130 branches in the country, launches its own delivery service using the platform of an Israeli startup DelivApp

Today, delivery has evolved from a nice-to-have to one of our core offerings,” explains Yaron Golan, CEO of Anita Group & Golda Ice Cream. “Wolt and other third-party platforms did a great job educating consumers, but we could no longer ignore the economics. Golda chain operates at the forefront of innovation, and the launch of our new delivery app is our way to improve our service and allow millions of our customers enjoy exclusive benefits, for example, collecting bonus points in the digital wallet. The new app will also allow us to reach additional customers and continue growing our market share. While selecting a technology vendor, we conducted an in-depth due diligence in Israel and abroad. We chose DelivApp, their stellar platform and the team made the decision simple for us.”

Users of the new Golda app, enjoy an online ordering experience similar to the one Golda stores provide. The digital menu features a wide variety of flavors, toppings, yogurt and more. Digital customers benefit from special offers and promos, collect, and spend loyalty program bonus points. Those who prefer to order by phone can also do so easily via a call-center. Once an order is placed, it goes to a selected branch, from which it is automatically dispatched to Golda’s own courier fleet or to one of its partners such as Yango Delivery, Wolt Drive or a local provider. The entire process from ordering to delivery is powered by the DelivApp platform.

Our mission is to allow businesses like Golda to establish themselves as digital brands and run online operations that are both delightful for customers and profitable for businesses,” says DelivApp’s co-founder and CEO Yan Zagatsky. “Today, this is critical more than ever: if you only rely on delivery aggregators, you compromise on your profit margins. Our product helps our customers to build a solution that is tailored to their unique needs, sell directly to their consumers, serve them well and win their loyalty.”

About DelivApp

DelivApp is a SaaS platform for managing and orchestrating on-demand food delivery. Headquartered in Israel, DelivApp serves restaurants and delivery fleets globally and provides them with a white-label marketplace ordering experience, loyalty program, merchant portal and app, dispatcher’s dashboard, courier app, consumer tracking functionality, access to external fulfillment options, and more.

About Golda

Golda, the largest Israeli ice-cream franchise chain, established in 2010 by the Avital family, who led the ice cream revolution in Israel, starting with the Anita Gelato chain in Tel-Aviv, which has become an international brand. Today, Golda operates more than 130 branches in Israel.

Contacts

Katya Rozenoer
Mobile: +972545439934
Email: katya-r@delivapp.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3b7fcac6-cd61-4f89-8208-fa0eff9ca56e

MUUS Climate Partners Closes $50 Million Fund

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Early-stage fund led by climate-focused entrepreneurs and experts seeks to rapidly scale solutions that reduce greenhouse gas emissions

MUUS Climate Partners

From left to right, Partner Ben Wolken, Principal Laura di Bonaventura, Principal Kavita Patel, Chairman and Partner Michael Sonnenfeldt, Principal Tani Brown and Partner Logan Grizzel.
From left to right, Partner Ben Wolken, Principal Laura di Bonaventura, Principal Kavita Patel, Chairman and Partner Michael Sonnenfeldt, Principal Tani Brown and Partner Logan Grizzel.

NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) -- MUUS Climate Partners (MCP), a climate-dedicated venture capital firm, today announced the closing of MUUS Convergence Fund II, a $50 million fund focused on impactful companies at the cusp of commercialization.

MCP’s Chairman, Michael Sonnenfeldt draws from a decades-long track record of leading and investing in renewable energy companies. In 2016, Sonnenfeldt recruited Partner Ben Wolkon from MIT, to focus exclusively on climate solutions whose impact and return profiles could be accelerated by the application of advanced technology. In Fund II, Sonnenfeldt and Wolkon are joined by a third partner, investor and technologist Logan Grizzel, as well as Principals Laura di Bonaventura, Kavita Patel and Tani Brown.

The diverse team leverages a strong track record in climate investing, alongside sector expertise, differentiated viewpoints, and a unique network to identify extraordinary investment opportunities at the intersection of new technologies and decarbonization across the climate tech landscape. MCP’s prior fund, MUUS Convergence Fund I, the $30 million predecessor to Fund II which commenced in 2016, has now surpassed three times the Total Value to Paid-In Capital (TVPI).

MCP has been successful in sourcing opportunities in undercapitalized areas of climate tech with outsized potential to reduce emissions. Fund II portfolio companies already include the tech-enabled global renewable power provider BrightNight, the Lawrence Berkeley National Lab spinout Aepnus, and the ultra-low emissions smart heat pump company Harvest Thermal. Because MCP anchored Fund II with internal capital, the team was able to invest in nine companies as the fund was being raised.

“In a time when the climate crisis is becoming increasingly urgent, economic conditions are complicating the flow of capital to companies that can most effectively reduce emissions,” said Michael Sonnenfeldt, Chairman at MCP. “Because of the unique business, academic, and policy networks we’ve built over decades, we have a proven ability to find opportunities that others have missed or couldn’t access. While we’re proud of our performance, we are even prouder of our companies’ climate impact. Thanks to our collective networks, expertise, and systems, we outperform funds many times our size and help drive success for the entrepreneurs we support.”

MCP uses CRANE to track the emissions reduction potential of every company it invests in. The team also collaborates with the MIT Sloan School of Management Sustainability Initiative and the think tank Climate Interactive to bring the science of climate solutions to political and business leaders.

“Our group has flown under the radar for years, and during that time we’ve been proud to back some of the most impactful and exciting companies in climate tech and build a strong track record,” said Ben Wolkon, Partner at MCP. “Fund II represents the next phase in our evolution – expanding our world-class team, bringing in extraordinary investment partners, and operating a bit more out in the open to highlight the impact of our companies. We couldn’t be more convinced that addressing climate change is this generation’s greatest opportunity for entrepreneurship, innovation and investment.”

About MUUS Climate Partners

MUUS Climate Partners (MCP) invests at the convergence of tech and decarbonization, focusing on technologies that have the most carbon reduction potential. MCP’s diverse and entrepreneurial team members have built new ventures, advanced climate policy and led corporate initiatives around decarbonization. The team’s combined decades of climate leadership and broad network enable MCP to identify and support winning climate software and hardware solutions. To date, MCP has invested in 30 companies across Funds I and II. MCP is an affiliate of MUUS & Company, the private investment firm of serial entrepreneur and Tiger 21 founder Michael Sonnenfeldt. For more information, please visit: www.muusclimate.com.

MEDIA CONTACT
FischTank PR
muus@fischtankpr.com
https://www.fischtankpr.com/

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Propel Acquires BlackGreyGold Advisory and Rebrands as PropelDay

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Leading network of Fractional CMOs adds Fractional COOs to its expanding portfolio of business growth solutions.

PropelDay Logo

PropelDay Logo
PropelDay Logo

DES MOINES, Iowa, Feb. 21, 2023 (GLOBE NEWSWIRE) -- PropelDay, the leading network and platform for fractional executives, has acquired the fractional chief operating officer (COO) advisory business of Southlake, Texas-based BlackGreyGold Solutions. As a part of the acquisition, Barry Lingelbach and Matthew Hargrove have joined PropelDay as Managing Partners responsible for growing the company's new Fractional COO solutions.

"We are excited to have Barry and Matthew, two highly experienced leaders and operators, join our rapidly growing team of fractional executives," said Gregory Bailey, CEO of PropelDay. "In addition to our fractional chief marketing officer (CMO) solutions, our Fractional COO solutions will be tremendously valuable to business clients by helping them scale and optimize their growth. We're moving forward and expanding how we help businesses grow."

As the company expands beyond Fractional CMOs and expert marketing freelancers, it is also rebranding. Beginning today, the company is known as PropelDay and changes its website address to propelday.com. The new brand name is a nod to the company's tagline and motto - move forward today. And while PropelDay is a new name, the company's mission remains the same - to power innovative growth for its business clients with world-class fractional talent.

"We are excited to join PropelDay as Managing Partners and look forward to working with our team to drive expansion and growth for our customers," said Barry Lingelbach. "Our Fractional COO solutions provide a flexible and cost-effective way for companies needing to improve operations and profitable growth. By leveraging the expertise of a seasoned COO on a part-time basis, businesses can achieve the operational efficiencies and strategic insights they need to thrive in today's competitive marketplace."

ABOUT PROPELDAY

PropelDay is the leading network and platform for fractional executives and expert freelancers serving growth-minded businesses ranging from venture-funded startups to midsize businesses and enterprise customers. PropelDay is a HubSpot Solutions Partner and a ZoomInfo Partner. Learn more and reach out today at propelday.com.

Contact Information:
Gregory Bailey
CEO, PropelDay
news@propelday.com

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The PropelDay logo consisting of the logo icon and brand name in two tones of blue.



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Prizeout Joins the Jack Henry™ Vendor Integration Program

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VIP enables Prizeout to integrate with Symitar®

NEW YORK, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Prizeout Corp (Prizeout) today announced that it has joined the Jack Henry Vendor Integration Program (VIP). Participation in the program will provide Prizeout with access to Jack Henrys technical resources to enable Prizeout to integrate with Symitar®. The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily deploy third-party products.

Prizeout integrates with Symitar via SymXchange™, a services-based programming interface that enables third-party vendors and credit unions to access the platform’s core data and business rules. The integrity of data is maintained throughout any data exchange, because access to business rules and data is managed through a service layer that governs these interactions.

Financial institutions on the Symitar platform can now offer Prizeout directly from their digital banking app. Accountholders can use Prizeout to convert their online funds into digital gift cards to their favorite brands, many of which offer added value on top of the gift card amount. Prizeout’s marketplace is filled with over 1,000+ national and local merchants, and the average bonus shown to members is 12%, which means more purchasing power for everyday essentials like gas, groceries, and more.

Other key benefits for financial institutions include the following:

  • Increased Non-Interest Income: Prizeout pays financial institution partners a revenue share for every transaction through our platform, creating a unique stream of non-interest income.
  • Member Satisfaction: Members love the choice our platform offers when it comes to budgeting or allotting their money towards certain purchases. Plus, gift cards are delivered instantly and cost the member no transaction fees.
  • Best-in-Class Security: As an ISO-compliant company, Prizeout participates in internal and external audits. We never share or sell any member data.
  • Local Community Support: Prizeout can work with individual financial institutions to onboard their local business accounts - bringing these local businesses more customers and helping to keep money in the local community.

“Especially in these economic times, our ability to give credit union members more purchasing power is impactful,” said David Metz, founder & CEO of Prizeout. “We’re proud that with this integration, credit unions on the Symitar platform are now just a few simple steps away from offering their members more for their money.”

Jack Henry’s VIP takes the customer out of the middle, providing vendors with direct access to Jack Henry’s technical resources and test systems. VIP inclusion is not an endorsement of the vendor’s product.

About Jack Henry & Associates, Inc.
Jack Henry (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 45 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 8,000 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.

About Prizeout
Founded in 2019, Prizeout is a first-in-class ad-tech company that works within the credit union, banking, gaming, crypto, payroll & finance industries to turn withdrawals into a growth solution for e-commerce & retail businesses. Through its exclusive partnerships, Prizeout offers users unprecedented access to bonus offers on popular and emerging brand favorites while providing them with a fast, secure, and curated experience. The company was founded in 2019 and is headquartered in New York City. For more information about Prizeout, please visit Prizeout.

CONTACT: For more information, contact:
Scott Robinson
VP of Marketing, Prizeout
scottr@prizeout.com



Knudt Flor, Former CEO of BMW Manufacturing, Joins South Carolina Startup Delta Bravo Artificial Intelligence

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Partnership focused on solving quality, workforce readiness issues with regional, national manufacturers.

Knudt Flor, Ret. BMW CEO

Knudt Flor, Ret. BMW CEO
Knudt Flor, Ret. BMW CEO

ROCK HILL, S.C., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Retired BMW Manufacturing CEO Knudt Flor has been appointed to the newly created advisory board at predictive analytics company Delta Bravo.

Prior to retiring in September 2021, Flor oversaw BMW Plant Spartanburg, the largest BMW Group plant in the world. The South Carolina factory exports more than two-thirds of its models to 125 global markets. For seven consecutive years, it has been the largest exporter by value in the United States. During Flor's tenure, BMW released four new vehicles, the BMW X7, X3 M and X4 M, and the BMW X3 xDrive30e, as well as next-generation models for the BMW X3, X4, X5, X5 M, X6, and X6 M. Flor is the second-longest serving president of BMW Manufacturing.

"When I met the Delta Bravo team, I was immediately impressed by what they were doing," said Flor. "The next wave of successful manufacturers will leverage data to improve operations and workforce readiness. Delta Bravo accelerates this process in a way that enhances the operation instead of disrupting it. I'm fascinated by the innovative work they're doing, and excited to work alongside Rick and team."

"We are very fortunate to have someone of Knudt's caliber on our Advisory Board," said Rick Oppedisano, founder and CEO of Delta Bravo. "He's had a front-row seat for the evolution of manufacturing technology and brings decades of experience and perspective on the current challenges facing OEMs and suppliers. From the very start when we were introduced, it was clear he had ideas that would add value to our current and future customers. We're thrilled to have him."

Flor has also been vice president of production at BMW Plant Munich, director of BMW Plant Rosslyn in South Africa, senior vice president of corporate quality for the BMW Group, and senior vice president of Manufacturing at BMW Brilliance Automotive Joint Venture in Shenyang, China.

"I have been in industry for more than 30 years, and I've seen and lived through the big transformation on the shop floor," Flor said. "In the 1990s and early 2000s, automation and lean production gave us a big jump in productivity, quality and competitiveness. Machine learning and AI will have the same big impact — and it will be a radical change again."

Manufacturing CEOs across the world are embracing Machine Learning and AI to drive the transformation, but research firm Gartner estimates an 80% failure rate for first-time AI projects.

"I've chosen to partner with Delta Bravo after seeing the impact of their solution firsthand," said Flor. "They've spent five years building their product and practice around the needs of the manufacturer. They are an ideal solution for midsize manufacturers in the supply chain as well as larger OEMs."

Contact Information:
Rick Oppedisano
CEO
ricko@deltabravo.ai
7046493173

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Proto Hologram Achieves SOC 2 Type 1 Compliance

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The original, patented hologram communications platform—and four-time CES Innovation Awards honoree—is now the only company providing enterprise-level security for customers’ data and communications in the hologram space

Proto holoportation in action

Proto inventor and CEO David Nussbaum demonstrates holoportation by beaming live from Los Angeles to ten Proto Epics at once in Michigan. Proto, the original, award-winning, patented hologram platform is now SOC2 Type 1 compliant — providing partners and customers with security for all hologram communications and data.
Proto inventor and CEO David Nussbaum demonstrates holoportation by beaming live from Los Angeles to ten Proto Epics at once in Michigan. Proto, the original, award-winning, patented hologram platform is now SOC2 Type 1 compliant — providing partners and customers with security for all hologram communications and data.

Las Vegas, NV, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Proto Inc. announced at CES today that it has achieved SOC 2 Type 1 compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations, also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that Proto Inc. provides enterprise-level security for customers’ data and communications on the Proto platform. No other companies in the hologram space have achieved this level of security and care for their partners and customers. 

Proto is the original, patented hologram communications platform that is connecting people all over the world. The 7’ tall Proto Epic and tabletop Proto M are being honored again at the CES 2023 Innovation Awards in the field of Digital Health, and are already in use globally, including by many Fortune 500 companies, in fields such as finance and health where security is crucial. 

“Proto is being used daily around over the world for communications of all kinds, so it’s hugely important that our partners and customers know their data — their holograms and the information it conveys — is completely secure,” said David Nussbaum, Inventor and CEO of Proto Inc. “I’m so proud of our entire team — we really have the best engineers on the planet and we are moving full speed toward making hologram communications and holoportation ubiquitous in modern life.”

Watch a short video on the Proto Epic and Proto M

Proto takes its responsibility to provide secure transmissions seriously whether it be in its work with companies in the finance sector such as PwC and Schroders; the telecoms industry like AT&T, BT, Verizon, T-Mobile and Virgin Media 02; or the growing list of health companies and medical schools incorporating Proto in their programs.  

Edward Ginis, CTO & Co-Founder of Proto Inc. said, “We are thrilled to assure our customers that Proto devices meet the highest security, continuity, and privacy standards in the industry and are committed to continuing to ensure that all our customers feel their most sensitive content is safe with Proto.”

To see the Proto Epic and Proto M in action at CES contact: owen@protohologram.com.

Learn more about Proto at ProtoHologram.com Follow Proto on Twitter, Instagram, YouTube.

About Proto Inc.

Proto is the global creator, and leading provider, of the award winning and patented Proto OS & holographic communications platform. With hundreds of Proto units permanently deployed globally and with a growing live events, production, and rental division, Proto is beaming people, brands and digital assets worldwide. Proto has become the fastest growing communications & marketing solution in retail, hospitality, entertainment, healthcare, education, financial services, tech and the arts. Proto is a VC and mega-celebrity backed technology company based in Los Angeles with satellite showrooms and distributors in New York, San Francisco, Las Vegas, Nashville, Toronto, London, Paris, Taipei, Milan, Jakarta, Brisbane and Seoul. More info at ProtoHologram.com

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CONTACT: owen@protohlogram.com



FORGE Welcomes Intellectual Property Lawyers Wolf, Greenfield & Sacks, P.C.

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New partners support startup and innovation community

BOSTON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- FORGE announced today that it is partnering with Wolf, Greenfield & Sacks, P.C., a law firm focused exclusively on intellectual property law, to support its startups and innovators. FORGE is a nonprofit organization that helps connect innovators with local manufacturing resources to keep manufacturing local. Wolf, Greenfield & Sacks will be supporting the FORGE community with IP-specific educational programming, office hours and more related to biotech, chemical and materials technologies; electrical and computer technologies; mechanical technologies; and pharmaceuticals.

“Intellectual property law is such a specialized area,” said Laura Teicher, FORGE’s executive director. “Our new partnership with Wolf, Greenfield & Sacks will help our startups stake out their rights, protecting their investments in research and development.”

Ryan MacDougall, chief business development officer for Wolf Greenfield & Sacks, said, “Partnering with FORGE is exciting to us because it offers the opportunity to bring together our extensive experience protecting, building, and growing clients’ most valuable intellectual property and our passion for investing in our communities. We are excited by the work being done at FORGE and we look forward to contributing our strategic insight and mentorship to the start-ups aiming to change and localize their manufacturing spaces."

FORGE’s Partner Network

When it comes to bridging the gap between startups and the local supply chain network, it takes a proverbial village. To continue advancing its vision, FORGE relies on a group of committed partners. These partners do more than sponsor and fund the organization; they invest considerable time and expertise in helping to educate and guide startups through the complex journey from prototype to manufacturing at scale.

About FORGE
Since its founding in 2015, FORGE has helped more than 500 innovators take their products from prototype to production and scale. FORGE leverages deep knowledge of the innovation, supply chain and manufacturing spaces to create productive business relationships and foster creative, modern solutions to world problems.

FORGE’s support for startups creating physical products has yielded considerable success. A large percentage of the 500+ startup companies that engage with FORGE mature and thrive. FORGE companies have received contracts worth more than $34 million and added more than 5,000 innovation and manufacturing jobs to the economy. Learn more at FORGEImpact.org

About Wolf, Greenfield & Sacks, P.C.
Wolf, Greenfield & Sacks, P.C. is among the 10 largest law firms in the country devoted exclusively to intellectual property law. With over 150 legal professionals based in Boston and New York, the firm offers a full range of IP services, including patent prosecution and litigation; post-grant proceedings, including IPRs; opinions and strategic counseling; licensing; intellectual property audits and due diligence; trademark and copyright prosecution and litigation; and other issues related to the commercialization of intellectual property. Wolf Greenfield attorneys advise clients whose IP is at the core of their business, such as large, global corporations, mid-size companies, innovative start-ups and emerging enterprises, renowned universities and research institutions, and Nobel Prize winners. More than 90% of the firm’s practitioners have science or engineering degrees and more than two-thirds hold advanced degrees (MS, PhD or MD). Learn more at WolfGreenfield.com.

CONTACT: Media Contact:
Bobbie Carlton
Carlton PR & Marketing
781-718-7619
bobbie@carltonprmarketing.com



Seoul Robotics Ends 2022 with 100% Business Growth, Accelerating Adoption of 3D Perception

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Leader in 3D perception software and solutions continues to bring transformative insights to industries worldwide

IRVINE, Calif., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Seoul Robotics, the company powering smart 3D infrastructure solutions, today announced that in 2022 the company doubled its annual revenue growth for the second year in a row and expanded employee headcount by over 30% worldwide. A testament to Seoul Robotics’ momentum and impact, the company also announced $25 million in Series B funding led by KB Investment to bring its industry-leading, infrastructure-based autonomous driving solutions to the global logistics industry.

In July of this year, BMW announced its deployment of Seoul Robotics’ Level 5 Control Tower (LV5 CTRL TWR) to automate finished vehicle logistics on the new 7 Series production line at a vehicle plant in Germany, making a historically manual process safer and more efficient. LV5 CTRL TWR was recognized with a CES Innovation Award, Robotic Business Review’s RBR50 Robotics Innovation Awards, SupplyTech Breakthrough Awards, and a nomination in the BMW Group Supplier Innovation Awards, making Seoul Robotics the first-ever startup to receive this distinction. In 2023, Seoul Robotics plans to extend the technology to additional applications, such as rental car fleets, ports, trucking yards and automated valet parking.

Additionally, Seoul Robotics continued to expand its offerings and collaborate with major industry partners to deploy new solutions that harness the power of 3D perception, including:

  • An infrastructure-based version of its patented 3D perception software, SENSR-I, which is placed on static infrastructure for both indoor and outdoor applications to deliver unparalleled insights and expand deep learning AI across multiple industries––enabling spaces to be smarter and safer.
  • An automated obstacle detection and warning system, Critical Asset Monitoring (CAM), equipped with Seoul Robotics’ SENSR-I and Herzog’s occupancy detection platform to reduce railroad incidents.
  • An industry-leading ITS solution, Wrong-Way Detection (WWD), integrated with MH Corbin’s customer reporting dashboard that detects and alerts instances of wrong-way driving, and is engineered to be highly accurate, cost-effective, and easy to install.

“At Seoul Robotics, we believe that 3D vision has the power to transform industries across the board, not just for autonomous vehicles. In 2022, our technology played a pivotal role in providing companies with the most accurate 3D data and perception solutions to create smarter, safer environments,” said HanBin Lee, CEO and Co-Founder of Seoul Robotics. “Looking ahead, we will continue driving widespread adoption of these solutions, democratizing access to 3D vision, so that any organization, anywhere can build toward a safer and more autonomous future.”

Over the course of 2022, Seoul Robotics added six new major partnerships with top-tier companies and government entities, including global telecommunications leaders and Tier-1 Intelligent Transportation Systems. The company scaled cutting-edge projects across six continents and expanded into new industries like airports, museums, stadiums, and aquariums––building on its wide-reaching influence across autonomous mobility, smart cities, security, and more. New partners include KT Telecom, NVIDIA Metropolis, FLOW, Digiflec, Agia, and Herzog.

In recognition of the company’s growth and success, Forbes named Seoul Robotics an Asia-Pacific startup on the rise in its Asia 100 To Watch, and the company was listed in the Korea AI Startup 100. Seoul Robotics was also recognized as one of the World Economic Forum’s “Technology Pioneers” for its contributions in the mobility and robotics space. Additionally, the company’s SENSR-I technology was named a winner in the ASTORS Security Awards for best perimeter protection.

Alongside these recognitions, Seoul Robotics was named a finalist for the Tech.AD USA Awards, Security and Fire Excellence Awards 2022, AutoSens Awards, and Best of Sensors Awards.

Seoul Robotics will be showcasing its full suite of 3D solutions and features during CES 2023. Visit Booth #5408 in the West Hall at the Las Vegas Convention Center to learn more about the company’s comprehensive, scalable 3D offerings, as well as get a first look at two exciting announcements coming out January 4th.

To learn more about Seoul Robotics, please visit www.seoulrobotics.org.

About Seoul Robotics
Seoul Robotics was founded in 2017 with a mission to unlock unparalleled insights and capabilities by capturing the world in 3D. The company’s core technology, SENSR™, is a patented 3D perception software that uses AI deep learning and weather-filtering capabilities to provide the most advanced, accurate environmental insights. Today, this industry-leading software delivers transformative intelligence and capabilities across a wide range of industries, including, Intelligent Transport Systems, security, smart cities, and autonomous mobility. Powered by SENSR, Seoul Robotics is pioneering a new approach to automating vehicles called ‘Autonomy Through Infrastructure,’ providing infrastructure-based autonomous driving systems that do not require any hardware changes to vehicles themselves. Seoul Robotics has offices in Seoul, Munich, Irvine, and Raleigh and is backed by leading global financial institutions. For more information, visit www.seoulrobotics.org.

Media Contact
Ann Gargiulo
ann.gargiulo@seoulrobotics.org




 Proto Hologram Secures Investment from Christie’s Ventures

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The auction house’s new venture capital arm has closed an investment in the original, patented hologram startup; The announcement follows several high profile uses of Proto technology including the display of major artworks by Degas and Giacometti

Christie's displays an Alberto Giacometti sculpture via Proto hologram

For the preview of the auction, Visionary: The Paul G. Allen Collection, Christie's used Proto to beam Alberto Giacometti's Femme de Venise III from New York to Los Angeles and London. The sale of the piece pushed the auction's total past the $2 billion record for an art auction. Christie's Ventures has made an investment in Proto Inc.
For the preview of the auction, Visionary: The Paul G. Allen Collection, Christie's used Proto to beam Alberto Giacometti's Femme de Venise III from New York to Los Angeles and London. The sale of the piece pushed the auction's total past the $2 billion record for an art auction. Christie's Ventures has made an investment in Proto Inc.

Edgar Degas sculpture beamed around the world via Proto hologram for Christie's

Christie's beamed Edgar Degas’ Petite danseuse de quatorze ans to London, San Francisco and Hong Kong via Proto hologram ahead of the Collection of Anne H. Bass auction. Christie's Ventures has invested in Proto Inc.
Christie's beamed Edgar Degas’ Petite danseuse de quatorze ans to London, San Francisco and Hong Kong via Proto hologram ahead of the Collection of Anne H. Bass auction. Christie's Ventures has invested in Proto Inc.

New York, NY, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Proto Inc., the original hologram device and platform, announced that Christie's Ventures has invested in the company, solidifying the bonds of their successful collaborations. This year saw several high profile uses of Proto technology by Christie’s linked to auctions, including the display of artworks by Degas, Giacometti and the Lalannes, and presentations by Christie’s curators and execs in hologram form. Proto provides a way to make more art work more accessible to more people globally, in a safe and sustainable way. The patented hologram devices also provide a vital new way to present digital art works.

Christie’s Ventures is a new enterprise engaging with earlier stage companies through direct investment and both brand support and market access. It helps startups to accelerate their build-out and adoption, while simultaneously advancing Christie’s leadership in the ecosystem around fine art and luxury goods. Christie’s Ventures will start by exploring three broad categories: Web3.0 innovation, art related financial products and solutions and technologies that enable seamless consumption of art.

"It has been exciting to see David and his team’s vision come to life via their various product lines, the Epic and most recently the M,” said Devang Thakkar, Global Head of Christie’s Ventures. "Our teams have been able to work very closely together to apply this powerful technology to bring a delightful experience for the first time ever into the art market."

Christie’s has used Proto in several different ways. The auction house has shown digital art pieces, such as the Friendsies collection of NFTs which was auctioned in March. Christie’s has also used Proto as a way to display important physical art works at global exhibition spaces, lifelike and lifesize, without the risk, expense, and carbon impact associated with shipping. By beaming Edgar Degas’ Petite danseuse de quatorze ans to London, San Francisco and Hong Kong ahead of the important Collection of Anne H. Bass auction in May, the delicate materials that are part of the bronze sculpture were more carefully preserved. 

Two pieces by Alberto Giacometti have benefitted from a Proto hologram world tour: La Femme qui marche from the Hubert de Givenchy Collection auction and Femme de Venise III from the record breaking auction Visionary: The Paul G. Allen Collection.

Most recently Christie’s used the new, smaller Proto M to display multiple bronze works by François-Xavier and Claude Lalanne in Hong Kong to preview the successful auction in New York City  of The Collection of Marie Lalanne in November. The Proto M is designed to fit in more versatile spaces and for many use cases for telecommunications, art, retail, telehealth, education, entertainment, gaming and more. 

“Having Christie’s as a customer is spectacular, but having them as a partner is a dream come true,” said David Nussbaum, Inventor and CEO of Proto Inc. “Christie’s is one of the pioneers in the use of Proto holograms, and they keep innovating with projects that are pro-environment, and that enable people around the globe  to experience major masterpieces. With this key investment, Proto is more determined than ever to continue our goal of connecting the world.”

Proto was founded in 2019, is a four time CES honoree, and has received backing from tech pioneer Tim Draper (Tesla, SpaceX, Skype, Twitch), Mike Walsh (Uber, Salesforce) and TRUE Capital Management as well as tech savvy celebrities such as Sean Combs and Howie Mandel. The company has raised $20M of financing to date in its seed and Series A rounds.  Proto was shown at Christie’s Art + Tech Summit in 2021 and has been used by the Museum of Contemporary Art, Los Angeles, the Museum of the City of New York, the Haas Brothers, many major NFT events, and across dozens of Art Basel Miami events for two years in a row. 

Learn more about Proto at ProtoHologram.com Follow Proto on Twitter, Instagram, YouTube.

For more photos of video of Proto in action, or to request interviews or demos, please contact: owen@protohologram.com

About Proto Inc.

Proto is the global creator, and leading provider, of the award winning and patented Proto OS & holographic communications platform. With well over 100 Proto units permanently deployed globally, and with a growing live events, production, and rental division, Proto is beaming people, brands and digital assets worldwide. Proto has become the fastest growing communications & marketing solution in retail, hospitality, entertainment, healthcare, education, financial services, tech and the arts. Proto is a VC and mega-celebrity backed technology company based in Los Angeles with satellite showrooms and distributors in New York, San Francisco, Las Vegas, Nashville, Toronto, London, Paris, Taipei, Milan, and Seoul. More info at ProtoHologram.com



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CONTACT: Contact: owen@protohologram.com



Highnote Expands Platform Capabilities by Certifying with Visa’s Fleet Payments Solutions

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Certification unleashes next-gen card issuance capabilities, helping to transform $1.6 trillion1 fleet and fuel sector through increased data transparency and security

SAN FRANCISCO, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Highnote, a modern, fully cloud-native card issuance and program management platform, today announces further expansion of its collaboration with Visa, a world leader in digital payments, which includes certification as a Visa card issuer processor under Visa’s fleet management solutions. Through this collaboration, digital companies focused on serving the fleet management ecosystem can now enhance their product offering by issuing Visa fleet and fuel cards that contain more definite product category level controls, more detailed data, and the ability to obtain data more quickly for real-time business decisions, building a new generation of payment rails for the fleet vertical.

The fleet and fuel management sector saw explosive innovation in the years following the height of the pandemic, with venture capital funding for startups in the sector almost doubling between 2020 and 20222. A rapidly growing new generation of innovative fleet-focused software platforms have emerged, solving challenges from managing fleet operations to road-freight marketplaces. Seeking to deliver even greater value, many of these digital platforms are realizing the need for an equally modern card issuer processor that offers the data richness and controls needed to help streamline their customers' financial operations.

“We’ve seen an incredible increase in the scale and pace of technology development in the fleet management sector in the past few years,” said Veronica Fernandez, Head of Visa Business Solutions, North America. “Through our extended work together, Highnote can now offer customers Visa fleet and fuel cards to help them streamline operations and open new opportunities.”

The benefits of Highnote’s Visa fleet and fuel cards include:

  • Spend controls: Highnote’s platform enables fleet management software providers to issue cards with custom spend controls, meaning a card authorized only for fuel purchases can also be programmed to allow for food purchases during a certain window of time, for example.
  • Helps reduce fraud: Access to real-time data means cards can be turned off when suspicious activity arises and collaborative auth means advanced telemetry can be programmed into the card itself, ensuring purchases are only made at approved locations.
  • Enhanced data: Visibility into deeper levels of data, such as type of fuel, number of gallons, and price per gallon, means companies can more quickly input information into enterprise resource planning systems.
  • Direct ledger access: Advanced ledgering capabilities can provide a greatly enhanced level of detail on the fleet business’ day-to-day spend.

“We’ve always believed in building for today and for tomorrow, no matter the industry,” says John MacIlwaine, CEO and Co-founder of Highnote. “It just so happens to be an incredible time to be in the fleet industry today, because it’s at the cusp of a massive transformation geared for tomorrow. Highnote excels at moving faster, being more modern, and putting more data and control into the hands of creatively-minded companies on a mission to push innovation to the edge. We’re excited to empower these disruptors together with Visa in the fleet vertical.”

To learn more about Highnote, visit highnote.com.

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1 Source: OICA, ACEA, globalpetrolprices, KNI Research 2022
2 Source: McKinsey, “Startup funding in logistics,” Jan. 6 2022. https://www.mckinsey.com/industries/travel-logistics-and-infrastructure/our-insights/startup-funding-in-logistics-focused-investment-in-a-growing-industry

About Highnote
Highnote is the world’s most modern card issuer-processor and program manager, purpose-built to realize customer loyalty and engagement through embedded card experiences. Its fully integrated tech stack provides every service needed for innovative companies to launch new ways to use card payments. Utilizing the developer-friendly Highnote platform, product and engineering teams at digital enterprises of all sizes can easily and efficiently embed virtual and physical payment cards (commercial and consumer prepaid, debit, credit, and charge), ledger, and wallet capabilities into their existing products, creating compelling value for users while growing revenue and building a unique and differentiated brand. The company has raised more than $100 million from leading investors and strategic partners and is headquartered in San Francisco, California. For additional information, please visit www.highnote.com.

Media Contact: Jillian Smith, jsmith@highnote.com




LambdaTest launches support for macOS Ventura on its continuous testing platform on the cloud

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The company is one of the first cloud testing platforms to release support for macOS Ventura as soon as the stable version was released by Apple to enable customers to seamlessly test on the latest version

San Francisco, CA, Nov. 04, 2022 (GLOBE NEWSWIRE) -- LambdaTest, a leading continuous quality testing cloud platform, has launched support for macOS Ventura operating system for both real-time and automation testing platforms. This now enables developers and testers to test their websites and web applications for compatibility with the latest Apple OS.

macOS Ventura is the latest release of macOS, Apple's desktop operating system for Mac computers. It is the 19th release from Apple and was launched on October 24, 2022.

macOS Ventura has new productivity tools and continuity features. Among the interesting updates is the Stage Manager. It automatically organizes apps and windows thereby helping users to concentrate on the task at hand and still see everything in a single glance.

“We want to ensure the quickest possible access to new releases, be it for desktops or devices. An up-to-date stable operating systems, versions, and devices are of immense value to our customers as they can test without any hassle,” said Mayank Bhola, cofounder and head of product, LambdaTest. “We were also supporting the macOS Ventura beta version and we immediately launched the stable version as soon as it was made live by Apple. Our commitment to our customers is our speed and agility in adapting to the latest in the market.”

LambdaTest has also recently launched HyperExecute, a next-gen smart test orchestration platform that helps testers and developers run end-to-end automation tests at the fastest speed possible.

About LambdaTest

LambdaTest is a continuous quality testing cloud platform that helps developers and testers ship code faster. Over 10,000+ customers and 1+ million users across 130+ countries rely on LambdaTest for their testing needs.

LambdaTest platform provides secure, scalable, and insightful test orchestration for customers at different points in their DevOps (CI/CD) lifecycle:

Browser & App Testing Cloud allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers,
real devices, and operating system environments.

HyperExecute helps customers run and orchestrate test grids in the cloud for any framework and programming language at blazing-fast speeds to cut
down on quality test time, helping developers build software faster.

For more information, please visit, https://lambdatest.com

CONTACT: For further information please contact the LambdaTest press office: Bilal Mahmood on press@lambdatest.com or +44 (0) 20 3640 7759 and +44 (0) 771 400 7257.



Chrysalix Venture Capital Announces the Appointment of Greg Allen to its Vancouver-based Investment Team

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Vancouver, Canada and Delft, Netherlands, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Chrysalix Venture Capital, a global technology venture capital firm that specializes in transformational industrial innovation, is pleased to announce that Greg Allen has joined its Vancouver-based investment team. Greg is an experienced CEO, turnaround leader and board member at multinational technology companies. At Chrysalix, he will be responsible for supporting the investment team with selected portfolio companies in director and observer roles. Greg will also lead key aspects of Chrysalix’s operational activities and is a member of the Chrysalix investment committee.

Greg has 30 years technical, operations, sales, and governance roles in public and private companies. He has led teams delivering growth and turnaround strategies across many industries, including global manufacturing services, industrial products, cleantech, telecoms, enterprise computing, IoT and cloud services. Greg holds an MBA from Napier University, Edinburgh, and holds the Canadian Institute of Corporate Directors ICD.D professional designation.

Chrysalix Managing Partner Fred van Beuningen commented; “We continue to grow our global investment team with start-up, scale-up and governance expertise to support our RoboValley Industry 4.0 fund and as we look towards our next fund focused on supporting industrial companies with their carbon neutral targets. Greg brings a wealth of leadership and governance experience to the team and will be assisting in both Chrysalix operations and portfolio company oversight.”

Greg Allen commented; “I am excited to be part of a team that are recognized leaders in driving investment in innovation for hard to abate, resource intensive industries. The Chrysalix RoboValley Fund portfolio already has some impressive investments in areas such as metals circularity, EV battery manufacturing analytics, and minerals discovery using AI. I am looking forward to supporting the investment team and portfolio companies as they move toward scale-up mode and also working with the team as we expand globally with new funds."

About Chrysalix Venture Capital 

Chrysalix is a technology focused venture capital firm that builds, mentors and connects high growth companies. Founded in Vancouver, Canada in 2001, and with offices also in Delft, Netherlands, Chrysalix has built its reputation on bringing disruptive innovation to the world’s largest industries by focusing on where technology meets physical science. The firm’s investments include breakthrough technologies like smart mining, power conversion chips, sensors for process automation and control, fast charging electric vehicle infrastructure, battery intelligence, CO2 capture, wastewater management, and fusion energy. Chrysalix has one of the strongest investment teams in the industry with deep energy, industrial technology and entrepreneurial expertise, and is backed by more than 20 international blue-chip industrial and financial investors. The Chrysalix RoboValley Fund is the firm’s second fund under management focused on industrial innovation.

CONTACT: Allison Johnson
Chrysalix Marketing & Communications
ajohnson@chrysalix.com



Guy Kaufman of Vestd Reveals Critical Equity Secrets for UK Startup Founders in Upcoming Events Hosted by The Startup Race

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The Startup Race Hosts Event Series with Vestd, the UK’s #1 Equity & CoSec Management Platform for UK Startup Founders

Guy Kaufman of Vestd Reveals Critical Equity Secrets for UK Startup Founders in Upcoming Events Hosted by The Startup Race

The Startup Race, a growth hacking competition reinventing how investors find great startups to invest in, announced today that it will host three events in October 2022 with Vestd’s startup equity management expert Guy Kaufman of Vestd, a UK partner of The Startup Race Ltd. The events will each be held online via Zoom for free, so UK startup founders can avoid making disastrous mistakes.
The Startup Race, a growth hacking competition reinventing how investors find great startups to invest in, announced today that it will host three events in October 2022 with Vestd’s startup equity management expert Guy Kaufman of Vestd, a UK partner of The Startup Race Ltd. The events will each be held online via Zoom for free, so UK startup founders can avoid making disastrous mistakes.

EDINBURGH, SCOTLAND, Oct. 10, 2022 (GLOBE NEWSWIRE) -- EDINBURGH, SCOTLAND – The Startup Race, a growth hacking competition reinventing how investors find great startups to invest in, announced today that it will host three events in October 2022 with Vestd’s startup equity management expert Guy Kaufman of Vestd, a UK partner of The Startup Race Ltd. The events will each be held online via Zoom for free, so UK startup founders can avoid making disastrous mistakes.

“What we typically find is many entrepreneurs have great ideas, but don’t have any background in fundraising for their startup. Yes, they are great Entrepreneurs, they know their own subject matter, but need support when it comes to equity, and as a result they make mistakes,” said Guy Kaufman, Team Lead of ‘Launch’ at Vestd. “My hope is to help entrepreneurs make better decisions, and be prepared for advocating for themselves in equity agreement conversations and better outcomes down the line.”

The schedule is as follows:

     Startup Equity: What you need to know in the UK!
     October 13th, 2022 at 4pm
     Sign Up: https://www.eventbrite.co.uk/e/421372044127
     Teaser interview - https://youtu.be/x_fcvu6K1SA 

     How to Get Your Startup Equity Agreements Right First Time!
     October 20th, 2022 at 4pm
     Sign Up: https://www.eventbrite.co.uk/e/421403799107
     Teaser interview - https://youtu.be/QcwY__J8pzE 

      Fundraising and Investment Secrets for UK Entrepreneurs
     October 27th, 2022 at 4pm
     Sign Up: https://www.eventbrite.co.uk/e/421410519207
     Teaser interview - https://youtu.be/8GrvQfeYpU4

Revealing common mistakes that negatively impact many UK Startup Founding Teams, prevent them from hiring talented employees and making raising investment from Angels and VC’s impossible, Mr. Kaufman will answer attendee questions and discussions. Both The Startup Race and Mr. Kaufman hope the series empowers Startup Founders to lay the right foundations from day-1 and thus make themselves attractive to Angel and VC Investors across the United Kingdom. 

“UK Startup Founders can’t all afford lawyers to help them get funding and equity decisions perfect early on in their entrepreneurial journey, and as a result, they often make the disastrous mistake of copying American equity arrangements such as allocating equity up front or vesting over 4 years,” said James Shoemark, co-founder of The Startup Race. “This program will help inform many entrepreneurs who are both watching their bottomline, and growing in their trajectory as a founder.”

During the series of virtual events, Mr Kaufman will also reveal a 100% discount code so that UK Startup Founders can use the Vestd platform for free; which has full Companies House integration so they can remove the friction from company admin and get on the fast track to growth. Other topics discussed will include: 

  • Incorporate their business on Companies House, 
  • Create and manage their Cap table, 
  • Use Shareholder dashboards to visualise future value, 
  • Issue shares and share certificates, 
  • Make Stock transfers, 
  • Model share scenarios, 
  • Access to equity templates, 
  • Adopt Vestd standard articles of association, 
  • Appoint and remove directors, 
  • Manage PSCs, 
  • Submit confirmation statements.

 

The series of entrepreneur-focused events is sponsored by The Startup Race, which is currently running a Growth Hacking Competition which has a £10,000 cash prize. The Startup Race methodology capitalizes on the iconoclastic startup method, first developed by GodFather of the Lean Startup Movement - Steve Blank. In a 2013 blog post called It’s Time to Play Moneyball: The Investment Readiness Level, Blank recommended Investors ask teams to ”Prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model” instead of relying on the antiquated test as to whether they can produce great looking product demos, compelling PowerPoint slides, as a ‘world-class’ troupe of actors.

The £10,000 Startup Race also gives their ‘Racers’, access to the world’s best Lean Startup resources such as Vestd, in order to validate their thinking, develop their business model and personal profile in order to attract co-founders. Other free resources on Leanstack include the Foundations and Business Model Design Playbooks and Lean Canvas & Traction Roadmap tools. The Startup Race team helps entrepreneurs incorporate their UK company and open a UK business bank account to enable them to start generating sales as soon as the competition starts. Through The Startup Race process, a number of high net-worth individuals observe how the teams perform over the course of The Race and be introduced to companies that they may consider supporting at the end of the program.

“We want to help more entrepreneurs prove their success quickly and robustly over a specific period of time in order to prove to investors a need, should they indeed need that funding,” said Michael Clouser, co-founder of The Startup Race. “The Startup Race believes that this highly competitive ‘pedal-to-the-metal’ approach garners great value for both Entrepreneurs and Business Angel Investors, especially at a time when the World is changing economically.”

The first £10,000 Startup Race will continue to 24th December 2022, where a winner will be announced and awarded the £10,000 Cash Prize in January 2023. After this Startup Race has completed, they will be partnering with Scottish Investors to run a £300,000 Startup Race and then a £1,000,000 International Startup Race.

For more information on The Startup Race, please visit: www.TheStartupRace.com.

ABOUT THE STARTUP RACE

The Startup Race, was established in 2014 after a young entrepreneur asking Mr. James Shoemark, how the startup process could be gamified. He soon teamed up with Michael Clouser, a former Silicon Valley VC and other Edinburgh based Entrepreneurs and Investors to partner with him on this new venture in order to support Fast Growth startups in the UK and around the world. The first £10,000 Startup Race will continue though the fall of 2022, where a winner will be announced and awarded the £10,000 Cash Prize. More information about The Startup Race can be found: www.TheStartupRace.com

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CONTACT: CARSON QUINN
ZindseyMEDIA public relations for THE STARTUP RACE
312.339.9779
CARSON@ZINDSEY.COM



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