A naukri.com initiative
Venture Capital News
Medium
4w
4
Image Credit: Medium
Plaid CEO Zach Perret: Plaid’s Next Chapter in the AI Era, Fintech Spring and Keys to Fintech…
- Plaid CEO Zach Perret discusses Plaid's new chapter in the AI era and keys to fintech.
- Plaid has become ubiquitous in the fintech industry, building the connective tissue for modern fintech.
- Plaid introduces new products like Plaid Check, Plaid Beacon, and Plaid Layer.
- Zach shares insights on Plaid's hiring philosophy, growth as a founder, and advice to GenAI founders.
Read Full Article
Like
VentureBeat
4w
413
Node.vc raises $77.3M for new fund backed by 70 Nordic entrepreneurs
- Node.vc has raised $77.3 million for a new fund backed by 70 Nordic entrepreneurs.
- The founder-first VC fund, node.vc, is based in Stockholm and has a sector-agnostic focus.
- The fund aims to build an ecosystem for entrepreneurs and has already made three investments in Sweden.
- Investors include Stockholm-based Saminvest and leading Nordic institutional investors.
Read Full Article
24 Likes
Medium
4w
333
Image Credit: Medium
double jump.tokyo makes LP investment in Neoclassic Capital
- double jump.tokyo has made a LP investment in Neoclassic Capital.
- double jump.tokyo is a pioneer in blockchain game development and Web3 technologies.
- The investment is a joint partnership with Arriba Studio, one of double jump.tokyo’s investors.
- The purpose of the partnership is to advance the mass adoption of Web3 and support Web3 startups from Asia.
Read Full Article
20 Likes
Teten
4w
373
4 Ways to Make America Functional Again
- The author, an 'accidental moderate', endorses Kamala Harris/Tim Walz for President, citing Trump's incompetence, character flaws, and signs of cognitive decline.
- Many close confidantes and employees of Trump, including former VP Dick Cheney, have endorsed his opponent.
- The author urges readers to take four actions: register to vote, join Innovators for Democracy, share endorsements on social media, and contribute to the Harris/Walz campaign.
- The author addresses responses from Republican friends and provides counterarguments to points such as Trump's business success, Harris being unprepared, and the impact on Israel.
Read Full Article
22 Likes
Siliconangle
4w
329
Image Credit: Siliconangle
IoT startup Monogoto raises $27M to accelerate its global expansion
- IoT startup Monogoto has raised $27 million in funding to accelerate global expansion and enhance its connectivity solutions.
- Monogoto offers software-defined connectivity solutions for secure connections across LTE/5G and satellite networks.
- Their single subscription model allows connectivity in over 180 countries and integrates granular control and real-time management.
- Monogoto's deep customer base includes Fortune 500 companies and enterprises in sectors such as automotive, retail, and energy.
Read Full Article
19 Likes
Teten
4w
213
Simplectica Long/Short Hedge Fund Tech Stack
- Simplectica is a long/short systematic fund based on proprietary mathematics in the area of Brownian motion.
- They use proprietary Simplectica Covariance Matrix math to produce a broad range of predictive features which are fed to a machine learning algorithm.
- This results in a battery of predictors for returns, volatility, and other aspects of the price-volume process, on a time horizon of 1 day to 1 month.
- They monetize their predictors through a long/short investing strategy oriented towards highly traded US equities.
- Some key metrics for their strategy include a net Sharpe of 3.4 and a 217% CAGR over a one-year period.
- Simpletica's founders have experience in data science, machine learning, fintech, and quantitative finance.
- They use basic tools such as Google spreadsheets and Apollo.io for LP sourcing and CRM.
- Simplectica has its own proprietary risk models which they believe outperform available risk models on the market, but investors are often ingrained on using established models like Barra.
- They have built their own data protocols (Velo) to handle large, real-time data sets which they estimate are more performant than traditional data science tools.
- Simplectica has invented machine learning approaches that, as far as literature tells us, do not exist.
Read Full Article
12 Likes
Medium
4w
115
Image Credit: Medium
Iron-Air Batteries — The Future of Long-Duration Energy Storage — Form Energy — Impact on Other…
- Iron-Air batteries are a new and promising option for long-duration energy storage that could address the challenges created by over-generation of solar energy and the surge of demand on the power grid during night shifts. The risks associated with lithium-ion batteries due to their susceptibility to ‘run-away’ incidents increased the need for alternative technology. In the iron-air battery, an anode of metallic iron and an air-breathing cathode immersed with water-based electrolyte produce electricity when oxygen from the air enters the capsule and oxidizes the iron. Form Energy has raised $1.13B in funding and developed an iron-air battery farm for LDES with a unit the size of a washer and dryer that can store energy up to 100 hours. Each individual unit can theoretically be placed anywhere along the distribution chain. The broader effects of LDES can have implications in sectors like EV and methane pyrolysis.
- Over-generation of solar power has emerged as a pressing issue that has forced potential energy to be forfeited or sections of solar panels to be shut off as it affects the current power grid. The swift ramp-up in demand from low to high demand at night, followed by the surge in demands during the evening put a dangerous stress on the grid. The missing piece in the path to grid stability and decarbonization has always been Long-Duration Energy Storage (LDES) which keeps a reserve of energy for long periods of time.
- Iron-Air batteries could be the solution compared to lithium-ion batteries that are prone to ‘run-away’ incidents which could end up even damaging the electric storage farm. Anode of metallic iron and air-breathing cathode in the iron-air battery produce electricity when oxygen from the air enters the capsule and oxidizes the iron. Each individual unit of the iron-air battery farm can theoretically be placed along the distribution chain, including sources of generation, to each individual home. Each unit can store energy up to 100 hours.
- Form Energy has developed an iron-air battery farm for LDES with a unit that can store energy up to 100 hours, the size of a washer and dryer combo. They can store 1 MW energy at half an acre at the least dense configuration. At high-density configuration, they can store energy up to 3 MW per acre. Tesla’s offering, Megapack, a large-scale Lithium-Ion battery that stores up to 3.9 MWh per unit at its largest offering, has an installed cost of around $415 per kWh.
- Form Energy has raised $1.13B in its latest round and has become an interesting option for LDES. The company has investors such as Bill Gates’ Breakthrough Energy Ventures, Prelude Ventures, MIT’s Engine Ventures, Energy Impact Partners, TPG Rise Climate and more. The company finished its latest factory in West Virginia and is currently running production trials.
- Form Energy has received orders for more than 13 GWh of projects that will come online in 2025 and 2026, ranging from 100 MWh to 8,500 MWh from utility companies across the US. In July 2023, a 10-MW/1,000-MWh iron-air battery system to be built by Form Energy was approved by Minnesota regulators for Xcel Energy’s Minnesota utility, Northern States Power.
- Iron-Air batteries and LDES have implications in sectors like electric vehicles which could become energy storage devices for homes. Methane pyrolysis could help keep the lights on if something takes out solar panels by allowing an easy swap from hydrogen to methane.
Read Full Article
6 Likes
Medium
4w
44
Image Credit: Medium
Coen Jonker (TymeBank) on building a multi-country emerging markets digital bank from South Africa…
- Coen Jonker, Co-Founder and Executive Chairman of TymeBank, discusses their scale-up journey from South Africa into the Philippines to build a multi-country digital bank for emerging markets.
- TymeBank initially focused on serving the unbanked and underserved populations of South Africa but later expanded to cater to all customer segments.
- The company aims to provide true financial inclusion by offering customers the products they need at the right time, empowering them to achieve their economic potential.
- TymeBank's future plans include expansion into Indonesia, Vietnam, and other emerging markets, showcasing the present reality of a digital-first approach to banking.
Read Full Article
2 Likes
Medium
4w
173
Image Credit: Medium
“SpectiveOS & Spective Cloud for All of Your Creative Solutions”
- SpectiveOS is an open-source operating system integrating algorithms developed in Precipice Space and compatible with industry standards.
- It will integrate multiple algorithms developed to enhance workflow, optimize efficiency, and add advanced features for design, engineering, video production, game development, and more.
- SpectiveOS will offer software versions and packages for creative professionals, educational institutions, corporations and enterprises, space and tech sectors.
- Core features of SpectiveOS include cross-compatibility with industry standards, a unified workspace for digital projects, design and development integration, algorithm-driven innovation, and customizable user experience.
- The SpectiveOS timeline integration has an ABC timeline managed across different stages of production, with creative and technical tools like Vector Space to Print Space Pipeline and Electromagnetic Continuum and Spacetime Tools.
- Branding and marketing strategies for SpectiveOS are through tech conferences, collaborations with schools and universities, online demos and tutorials, and industry leader partnerships.
- The development of SpectiveOS requires robust programming environments, 3D modeling capabilities, and an innovative color system like the Spective Color System.
- The SpectiveOS development plan includes mobile development languages and frameworks, design process tools and integration, Spective Cloud Communication, Collaboration, and Security, authentication, and language translation.
- SpectiveOS algorithms boost the creative and scientific process and include Vectorizing Camera, Retrospective, Introspective, Perspective, Prospective, Respective, Outrospective, Extrospective Phases of Creativity, Audio Video Tracks, Cartesian Automated Drafting, Vector Pattern Recognition, Kinetic Joint Movement, Kinetic Energy Efficiency, Response Integrated Generator, Physical Chemical Indicator, Environmental Situational Awareness, Atomic Gravitational Energy, Vital Physiological Evaluator, Improvise Adaptation Evolution, and Choice Options Results.
- SpectiveOS and Spective Cloud bridges gaps between disciplines and industries for a dynamic engine for human creativity and scientific discovery.
Read Full Article
10 Likes
Medium
4w
391
Image Credit: Medium
Joyce Shen’s picks: musings and readings in AI/ML, October 14, 2024
- AI helps scientists track 'twangy' whales
- GSM-Symbolic: Understanding the Limitations of Mathematical Reasoning in Large Language Models
- Data residency for machine learning processing to be made available in the UK
- Machine learning method could speed path to cleaner energy solutions
Read Full Article
23 Likes
Medium
4w
280
Image Credit: Medium
Top Investment Opportunities in European Tech and AI Startups: Venture Capital and Crowdfunding…
- Europe witnessed a 78% increase in unicorn companies in 2023, highlighting the region’s burgeoning startup ecosystem
- Crowdfunding platforms in Europe are gaining traction as more investors seek high-growth startups including AI
- Understanding metrics behind unicorn growth is crucial for making informed investment decisions
- Successful unicorns share common traits including innovation, market disruption, and scalability
- Europe added 78 new unicorns in 2023, outpacing other major tech hubs like the US and China
- The top sectors for unicorn creation are fintech, healthtech and AI which account for over 60% of Europe’s new unicorns
- The UK leads in unicorn creation followed by Germany and France
- Investors should focus on key performance indicators to spot potential unicorns, including customer acquisition cost, customer lifetime value, and retention rates
- Market share growth and total addressable market are also important indicators for assessing a company’s competitive position
- Emerging sectors like cleantech and sustainability are gaining traction, and regulatory environments also play a key role in unicorn growth
Read Full Article
16 Likes
Saastr
4w
26
Image Credit: Saastr
My Best Advice for CROs/VPs of Sales That Are Ready to Be CEOs
- Many VPs of Sales are transitioning to become CEOs in the SaaS industry.
- Advice for CROs/VPs transitioning to CEO roles: Understand the magnitude of the jump.
- Having a strong CTO is crucial for success as a CEO.
- Prepare for the challenges of working long hours and dealing with increased responsibility.
Read Full Article
1 Like
Geek Wire
4w
186
Pacific Northwest tech startup deals: The top 15 funding rounds during Q3
- Pacific Northwest startups raised over $2 billion in Q3 across 44 deals, showing positive momentum compared to previous quarters.
- Vancouver-based legal tech giant Clio secured $900 million, accounting for almost half of total Q3 funding in the region.
- Biotech and healthcare startups, such as Kestra Medical Technologies and Borealis Biosciences, raised over $100 million each.
- Cybersecurity firm Chainguard became a unicorn with a $140 million investment, contributing to the thriving tech scene in Seattle.
Read Full Article
11 Likes
Saastr
4w
280
Image Credit: Saastr
The Latest Sponsor Feedback and Event Trends from the 10th SaaStr Annual
- The number of attendees for the annual SaaStr conference who attended as a team is consistently increasing, according to an analysis of results from the 2024 version.
- Sponsors who had custom activations at their booths tended to attract more leads than those that did not, according to the event analysis.
- New data point to more teams attending conferences to speed up decision-making processes with CMO's and CCO's among those attending.
- In 2024, the average Super Gold sponsor received 470 qualified leads, up from 249 the previous year.
- The SaaStr Annual conference included four separate summits during the conference for CEOs, CROs, CMOs, and CFOs. Each summit was an invite-only event, featuring roughly 300 attendees all with C-level titles.
- Sponsors tended to make 60% more impressions if they had a custom booth activity to make their booth stand out.
- The majority of sponsors tended to put customer meetings and retention as a core KPI for in-person events, instead of solely focusing on new leads and revenue.
- SaaS companies who had the most success tended to have a mix of executive-level, marketing, product, and sales team members manning their booths.
- Lesser-known sponsors struggled to invite customers and partners to events, with most top-tiered SaaS companies inviting over 12 customers to SaaStr 2024.
- The SaaStr team introduced a 'Who do you Want to Meet Program' at the 2024 conference, resulting in an average of 50+ leads for sponsors.
Read Full Article
16 Likes
Medium
4w
231
Image Credit: Medium
From Bar Fights to Boardrooms: How I Built a Business While Fighting to Be Seen
- The journey of building a business while facing discrimination and prejudice.
- The early encounter with racism at a bar, setting the tone for a supportive partnership.
- Overcoming prejudice and difficulties in the business world.
- Reflecting on the experiences now that the business has been sold.
Read Full Article
13 Likes
For uninterrupted reading, download the app