Samsung Ventures

Electrifying passenger and commercial travel

EV Economy

<div>
 
 Enevate develops extreme fast-charging (XFC) lithium-ion batteries. The company promises five-minute fast charging and 30% more range compared to conventional batteries. At the core of the company&rsquo;s technology is a multi-layer cell design that enables XFC. This innovative cell design is based on a pure silicon anode, which, according to the company, requires just a fraction of the space of a graphite anode used in conventional batteries. Enevate also optimizes its cell design through a next-generation electrolyte. The company had obtained 400+ patents as of February 2022.&nbsp;
 
 
 Enevate operates a 20,000 sq ft facility at the UCI Research Park as of February 2022. The company has also signed a lease for a 125,000+ sq ft facility in Irvine, California, for its pre-production line and corporate offices. Enevate planned to commercialize its technology for e-motorcycles in 2022 and for automotive models in 2024/2025. The company stated that it had been working with several EV and battery manufacturers to commercialize its technology.&nbsp;
 
 
 Enevate&rsquo;s most recent funding event was in February 2021, when it raised USD 81 million in a Series E funding round led by Fidelity. The proceeds were to be used to expand the company&rsquo;s pre-production line and hire more scientists and engineers. Enevate&rsquo;s other key investors include the Renault-Nissan-Mitsubishi alliance, LG Chem, and Samsung Ventures.
 
 
 
</div>

Sila Nanotechnologies (Sila) has developed a silicon-based anode that replaces graphite in conventional lithium-ion batteries, allowing manufacturers to use the new material without needing to change the battery manufacturing process or equipment. In April 2019, Sila claimed that its technology could improve the energy density of lithium-ion batteries by around 20%.&nbsp;In May 2022, Sila purchased a 600,000+ sq ft facility in Moses Lake, Washington to build a manufacturing facility. Initially, Sila will deliver anode material sufficient to power 10 GWh of battery cells when used as a full graphite replacement or up to 50 GWh of cells when used as a partial replacement. This would be sufficient to produce batteries for up to 100,000–500,000 EVs and 500 million mobile phones annually. Production at the facility is expected to commence in 2H 2024 to reach full production by 1H 2025. The company states that the facility has the potential for further expansion to reach the capacity to power 150 GWh of battery cells when used as a full graphite replacement or 750 GWh as a partial replacement—enough to power 2 million–10 million EVs per year.Key customers and partnershipsSila has yet to commercialize its technology but the company has formed partnerships with automakers such as BMW and Daimler to produce battery material for their next generation of EVs. In December 2023, Sila partnered with Panasonic Energy to provide next-generation nano-composite silicon anode material from the latter’s EV lithium-ion batteries.Funding and financialsIn October 2022, Sila was awarded a <a href="https://sp-edge.com/updates/13899">USD 100 million</a> grant by the US Department of Energy to develop a 600,000+ square foot facility in Moses Lake, Washington, and scale manufacturing of its silicon anode materials. In January 2021, Sila raised USD 590 million in a Series F round, which was to be used to build its new factory.

Israel-based StoreDot develops an extreme fast-charging (XFC) electric vehicle (EV) battery that can be fully charged in five minutes and provides a range of up to 100 miles (compared to 75 miles of a Tesla Model 3 after being connected to a supercharger for five minutes).StoreDot also claims that its batteries would not cost more than conventional lithium-ion batteries and would follow a similar cost reduction curve in the future. StoreDot batteries achieve this fast-charging capability through a holistic approach that uses AI and machine learning to combine its proprietary organic compounds with nanomaterials.Key customers and partnershipsStoreDot partnered with the Chinese battery manufacturer EVE Energy to support the commercialization of XFC batteries. The agreement covered the intention to set up a joint venture for mass production. StoreDot unveiled its first EV battery prototype that can fully charge in 10 minutes in September 2021, with a plan for mass production via traditional lithium-ion battery manufacturing lines in 2024. The company also planned to offer extreme energy-density (XED) technology to the mass market by 2028.In <a href="https://sp-edge.com/updates/15719">January 2023</a>, StoreDot partnered with Italvolt, where the latter licensed StoreDot’s XFC technology and intellectual property rights to manufacture XFC lithium-ion batteries at its plant in Italy. In <a href="https://sp-edge.com/updates/17969">April 2023</a>, the company signed a joint development agreement with VinES to jointly research, develop, and offer XFC battery cells in different form-factors in readiness for the commercialization of XFC batteries. In <a href="https://sp-edge.com/updates/22832">September 2023</a>, StoreDot signed a multi-year agreement with Volvo Cars to develop an EV battery for the upcoming generation of Volvo EVs.In <a href="https://sp-edge.com/updates/12871">September 2022</a>, StoreDot shipped EV cell samples to strategic EV OEM partners including Daimler, VinFast, Volvo, Polestar, Ola Electric, and other automotive players for real-world testing. In <a href="https://www.store-dot.com/press/storedot-makes-progress-on-manufacturing-extreme-fast-charge-batteries-on-three-continents-nearing-mass-production-readiness">May 2023</a>, the company announced plans to develop manufacturing operations across three continents, namely the US, Europe, and Asia, in order to cater to its customers within their local geographies, reduce carbon impact, and achieve just-in-time production efficiency. The company will do so by collaboratively producing the batteries at existing and future gigafactories, with production set to commence in 2024. Furthermore, in <a href="https://sp-edge.com/updates/22833">October 2023</a>,, StoreDot signed a strategic partnership agreement with Flex|N|Gate to produce StoreDot’s 100in5 battery cells at Flex|N|Gate’s lithium-ion cell pilot factory in Windsor, Ontario, in 2024. In <a href="https://sp-edge.com/updates/23987">November 2023</a>, the company partnered with Polestar to explore and apply XFC technology in EVs.In <a href="https://sp-edge.com/updates/27478">March 2024</a>, StoreDot signed a strategic manufacturing agreement with EVE Energy. Additionally, the company also licensed its technology to EVE.Funding and financialsStoreDot’s most recent funding was in April 2022, when it raised an <a href="https://sp-edge.com/updates/9803">undisclosed amount </a>from Volvo Cars Tech Fund. Previously, in January 2022, the company raised USD 60 million in a Series D round. The proceeds were to be used to fund R&amp;D activities. In March 2021, StoreDot was rumored to be in negotiations for a SPAC listing at a valuation of USD 3.5 billion but has not disclosed any specific plans to date.

<div>
 
 Solid Power develops solid-state lithium-metal batteries for EV, aircraft, satellites, and industrial applications. Solid Power's proprietary sulfide solid electrolyte powers the flexible All-Solid-State Platform that can enable both high-content silicon and lithium metal in the anode, paired with industry-standard and commercially mature cathodes, including lithium nickel manganese cobalt oxides (NMC). The platform can also use low-cost and energy conversion type cathodes that cannot be used in lithium-ion or other liquid-based cell architectures. When combined with a lithium metal anode, the conversion type cathodes could remove cobalt and nickel from the cathode entirely to decrease cathode material costs by around 90%, according to the company.
 
 
 In 2022, Solid Power began production of 20 ampere-hour (Ah) solid-state batteries on a pilot manufacturing line using lithium-ion production processes and equipment. The company also commenced operations of its second production facility in Denver, Colorado in September 2021.&nbsp;
 
 
 In 
 <a href="https://sp-edge.com/updates/14468">
 November 2022
 </a>
 , Solid Power began deliveries of its 20 Ah cells to joint development partners, including BMW, for initial testing. In 
 <a href="https://ir.solidpowerbattery.com/news-releases/news-release-details/solid-power-releases-third-quarter-2023-results-ships-first">
 October 2023
 </a>
 , the company delivered its first A Sample EV cells to BMW to begin the automotive qualification process. The A-1 EV cells were to also support BMW&rsquo;s demo car program.
 
 
 Key customers and partnerships
 
 
 Solid Power had investments or partnerships with automakers such as Ford, BMW, and Hyundai as well as Japanese auto-parts maker Sanoh Industrial.&nbsp;
 
 
 &nbsp;Funding and financials
 
 
 In 
 <a href="https://sp-edge.com/updates/15723">
 January 2023
 </a>
 , the US Department of Energy awarded Solid Power USD 5.6 million in funding to develop a 3D-structured Li metal anode and sulfur composite cathode for high-energy and fast-charging EV battery cells.
 
 
 Solid Power was listed on Nasdaq through a SPAC merger in December 2021. The deal raised USD 542.9 million at a valuation of USD 1.2 billion. The proceeds were to be used to fund the company&rsquo;s capital-light business model through vehicle integration, which was planned for 2026. The transaction made Solid Power the first listed pure-play solid-state battery company. Solid Power&rsquo;s revenue guidance for 2023 ranges between USD 15 million and USD 20 million. 
 
 
 
</div>

Next-gen Displays

Novasentis is a company specializing in haptic technology, particularly in the development of piezo haptic actuators. The company's products are designed for use in various applications including mobile terminals, wearable devices, automotive, and other sectors. Novasentis focuses on creating piezo film haptic actuators, which are part of the broader haptics technology market. This technology enables devices to provide tactile feedback to users, enhancing the overall user experience across different types of electronic devices. Novasentis' haptic solutions are part of a growing market that includes components such as actuators, drivers, controllers, and haptic software. The company's technology contributes to the tactile responsiveness in devices, allowing users to feel vibrations or other sensations when interacting with electronic interfaces.
Key customers and partnerships
Novasentis operates in a competitive market alongside other companies in the haptics and piezo actuator space. Its technology caters to industries such as automotive, medical, mobile terminals (including smartphones and tablets), home appliances, and wearable devices. The company's focus on these diverse sectors suggests a broad customer base across multiple industries that require advanced haptic feedback solutions in their products.

Nanosys is a leading innovator and supplier of quantum dot technology for advanced displays. Founded in 2001, the company develops and manufactures quantum dots - tiny semiconductor crystals that emit light when stimulated. Nanosys' quantum dots are used to enhance the color and brightness of LCD, LED, and OLED displays in products like televisions, monitors, and tablets. The company's flagship technology is its Quantum Dot Enhancement Film (QDEF), which contains red and green quantum dots that convert blue LED backlighting into pure white light, resulting in displays with more vibrant colors and higher brightness. As of 2021, Nanosys had shipped over 50 million units of quantum dot products. In addition to QDEF, Nanosys is developing next-generation technologies like electroluminescent quantum dots for NanoLED displays. In September 2023, Nanosys' quantum dot business was acquired by advanced materials manufacturer Shoei Chemical, though Nanosys continues to operate as a brand under Shoei.
Key customers and partnerships
Nanosys' quantum dot technology has been adopted by nine out of the top ten TV manufacturers globally. The company has partnered with 3 million and LMS Global to incorporate its quantum dots into display films. Nanosys announced that Hisense, TCL, Vizio and other major consumer electronics brands would be launching new display products using its xQDEF quantum dot technology. Nanosys has also collaborated with Bready Advanced Materials to produce air-stable, barrier-free quantum dot film components for displays.

Kateeva is a company specializing in inkjet printing equipment for OLED (Organic Light-Emitting Diode) display manufacturing. The company's flagship product line, YIELDjet, includes systems for OLED thin film encapsulation (TFE) and RGB OLED emitter deposition. Kateeva's technology aims to improve manufacturing efficiency, increase yields, and reduce production costs for OLED displays.
The YIELDjet platform features a production-worthy pure nitrogen process chamber, which doubles the lifetime in certain applications, reduces particles by up to 10 times, and offers exceptional film coating uniformity. Kateeva's systems support printing of both small molecule (SM) and polymer (P-type) OLED materials, working with various material suppliers to optimize ink, process, and equipment.
Kateeva's product range includes the YIELDjet FLEX for OLED TFE mass production and the YIELDjet Explore series for R&D and pilot lines. The Explore systems are capable of producing panels up to 55 inches in size. The company also offers larger systems, with plans to develop equipment for substrate sizes up to Gen 10.
In addition to OLED display manufacturing, Kateeva's technology can be applied to flexible OLED encapsulation, addressing one of the major challenges in producing flexible displays that do not use glass barriers. The company's inkjet platform is well-suited for depositing patterned organic coating layers inexpensively, with excellent uniformity, high speed, and high raw material efficiency.
Kateeva has made significant progress in the OLED industry, with its TFE products already in mass production as of 2016. The company has expanded its intellectual property portfolio, acquiring over 600 patents covering inkjet equipment and related processes for OLED and other display manufacturing in November 2017.
Key customers and partnerships
Kateeva has established partnerships with major players in the display industry. In June 2021, the company announced a strategic partnership with Pixelligent to improve light output efficiency in OLED mobile phones. This collaboration focuses on optimizing an inkjet-printed planarization layer over microlens arrays.
Tianma Microelectronics, a prominent display manufacturer, has recognized Kateeva for its "outstanding contribution" to their new Gen 6 flexible OLED display manufacturing facility in Xiamen, China. Kateeva supplied two YIELDjet Lassen inkjet printers for OLED TFE mass production at this facility.

Light Field Lab is a Silicon Valley-based company founded in 2017 by Jon Karafin, Brendan Bevensee, and Ed Ibe, who previously worked at Lytro. The company has developed SolidLight, a groundbreaking holographic display technology that creates true 3D images visible without the need for special glasses or headgear. SolidLight uses modular panels containing billions of pixels to generate light fields that form holographic objects appearing to float in mid-air. These holograms are viewable from multiple angles and behave like real objects, responding to focus changes and occlusion.
The SolidLight system comprises three layers: a photonic array of light-emitting nanoparticles, a modulated-amplitude plane, and a static PhaseGuide modulation plane. Together, these components manipulate light to create holographic images with a density of 10 billion pixels per square meter. Light Field Lab's proprietary WaveTracing software enables real-time rendering of holographic content from standard 3D engines like Unity and Unreal. In February 2023, the company demonstrated its Defy interactive experiences, which allow users to engage with responsive holographic characters in real-time.

Building future-ready applications in the cloud

Cloud-native Tech

<div>
 
 ScyllaDB is a database company that specializes in high-performance NoSQL database management systems.
 
 
 ScyllaDB is a NoSQL database technology known for its architectural advantages, offering high-throughput and low-latency performance, capable of handling millions of operations per second with single-digit millisecond latency. It operates across various cloud platforms, hybrid cloud setups, or on-premises deployments, while also providing automatic I/O and CPU performance optimization and workload prioritization to co-locate tasks within a single server cluster. ScyllaDB's design is tailored for agile and rapidly growing teams, empowering them to deliver fast user experiences at an extreme scale. Its technology finds applications in ad serving, AI, recommendation engines, fraud detection, and IoT data analysis.
 
 
 ScyllaDB offers a variety of licensing options, including an open-source community edition and enterprise-grade licenses.&nbsp;
 
 
 In 2017, ScyllaDB acquired Seastar, a database-as-a-service company to support the rising demand for ScyllaDB's Cassandra-compatible database on cloud platforms.
 
 
 Key customers and partnerships
 
 
 ScyllaDB&rsquo;s customers operate in various industries and sectors such as AdTech, transportation, e-commerce and retail, media, security, travel and leisure, and social media. Some notable customers are Discord, Strava, Comcast, Rakuten, Zillow, Expedia, and Ola.&nbsp;
 
 
 ScyllaDB supports cloud storage integrations with AWS, Azure, Oracle Cloud, and Google Cloud.
 
 
 Funding and financials
 
 
 ScyllaDB&rsquo;s latest funding was in October 2023 from a USD 43 million Venture round led by Eight Roads Ventures with participation from AB Private Credit Investors, AllianceBernstein, TLV partners, Magma Ventures, and Qualcomm Ventures. ScyllaDB had plans to use the funds to accelerate its growth momentum and expand the team.&nbsp;
 
 
 
</div>

<div>
 
 Iguazio is an Israel-based AI and machine-learning company that offers an enterprise data science and machine-learning operations (MLOps) platform.
 
 
 
 
 The Iguazio MLOps Platform automates data science workflows from end-to-end, accelerating the process of development of AI applications to deployment to management. The platform enables the ingestion and processing of data from any source, training of models at scale, deployment, and monitoring and retraining of models, reducing the time taken to create business value with AI.
 
 
 
 
 In 2023, Iguazio was acquired by McKinsey &amp; Company to accelerate and scale AI deployments for its clients. The Iguazio team was set to be integrated with McKinsey&rsquo;s QuantumBlack AI team.&nbsp;
 
 
 
 
 Iguzio follows a direct sales model.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 The company serves customers in the financial services, telecommunications, manufacturing, retail, AdTech, gaming, and healthcare sectors. Its customers include Google Cloud, Intel, Amazon Web Services (AWS), NVIDIA, Samsung, Ecolab, Sheba Medical Center, NetApp, Payoneer, PadSquad, and Microsoft Azure.
 
 
 
 
 Iguazio&rsquo;s partners include AWS, Google Cloud, Intel, Rackspace Technology, Snowflake, Boston Limited, Microsoft Azure, and Seagate.&nbsp;
 
 
 
 
 Funding and financials
 
 
 
 
 Iguazio concluded a venture funding round in January 2020 when it raised USD 24 million, led by INcapital Ventures.
 
 
 
</div>

<div>
 
 Yellowbrick Data is a cloud-native data warehouse that provides scalable Structured Query Language (SQL) analytics for enterprises and applications.
 
 
 Yellowbrick has an elastic architecture with separate SQL-driven storage and compute and runs in customers&rsquo; cloud accounts as well as on-premises while also supporting public clouds like Azure, AWS, and GCP. Yellowbrick&rsquo;s other features include executing complex workloads, support for disaster recovery, support agreements with major ETL Extract, Transform, Load (ETL), BI (Business Intelligence), machine learning, data mining, and change data capture (CDC), and open-source integrations.
 
 
 Yellowbrick can run across multiple enterprise-grade platforms and clouds, including customers&rsquo; cloud-native applications.
 
 
 Yellowbrick offers its services on subscription and on-demand bases.
 
 
 Key customers and partnerships
 
 
 Yellowbrick&rsquo;s customer base operates in industries such as financial services, automotive, insurance, retail, hospitality, and telecommunications. Some notable customers are BMW Group Financial Services, Catalina, ACI Worldwide, TEOCO, Melco, Symphony Retail, LexisNexis, Clarity, Zurich, Nielsen, Bread Financial, and Cardlytics.
 
 
 IBM, Intel, Oracle, Qlik, SAS, Tableau, Talend, Tonic, Domo, and CloverDX are some of Yellowbrick&rsquo;s technology partners while their solutions partners include Emtec, Next Pathway, Virtusa, G2O, Saxon, Systech and Saarthee.
 
 
 Funding and financials
 
 
 Yellowbrick&rsquo;s latest funding was in November 2021 from a USD 75 million Series C round.
 
 
 
</div>

<div>
 
 Portworx by Pure Storage is a cloud-native storage and data management platform to run mission-critical applications in containerized environments.
 
 
 
 
 The platform provides automated failover, snapshots, and performance optimization. Portworx provides high availability, scalability, and data mobility, enabling organizations to efficiently run stateful applications, accelerate DevOps workflows, and simplify data compliance. Its cost-efficiency, security, and support for hybrid and multi-cloud strategies further enhance its value proposition.
 
 
 
 
 Portworx provides a consumption-based pricing model.
 
 
 
 
 Portworx was acquired by Pure Storage in September 2020 for USD 370 million. The company was rebranded as Portworx by Pure Storage but continues to operate independently.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 
 
 Portworx serves customers in the healthcare, automotive, audio entertainment, and media sectors. Among its customers of cloud-native storage solutions are GE, Ford, Comcast, Adobe, and Airbus.
 
 
 
 
 The company has partnered with several major cloud companies including Amazon Web Services, Microsoft Azure, Google Cloud Platform, Cisco, Docker, IBM, Red Hat Sysdig, and D2iQ.
 
 
 
 
 Funding and financials
 
 
 
 
 Portworx&rsquo;s last funding round was in March 2019, when it raised USD 27 million in a Series C round led by Sapphire Ventures.
 
 
 
</div>

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

<div>
 
 Nozomi Networks offers a platform to protect industrial control systems (ICS), industrial IoT, and OT devices. The company&rsquo;s platform leverages AI, behavioral analytics, and continuous monitoring capabilities to provide enterprises real-time visibility on their IoT and OT networks and detects cyber threats, vulnerabilities, and other anomalies before they materialize. The company&rsquo;s threat intelligence solution provides real-time threat and vulnerability intelligence to reduce the mean-time-to-detection (MTTD), and the Asset Intelligence solution delivers OT and IoT intelligence to detect anomalies at a faster mean-time-to-response (MTTR). The Central Management Console (CMC) integrates OT and IoT threat monitoring capabilities across site deployments in the edge or cloud (including AWS, Azure) for streamlined workflows and faster MTTR. The company offers multiple licensing options for its security solutions including subscription licenses, enterprise license agreements (ELAs), and perpetual licenses.
 
 
 Key customers and partnerships
 
 
 As of August 2022, Nozomi Networks supported over 74 million devices across the energy, manufacturing, mining, transportation, utilities, building automation, smart cities, and critical infrastructure sectors.
 
 
 The company has forged strategic partnerships in IT, OT, and IoT with the world&rsquo;s five largest IT cybersecurity companies, seven of the world&rsquo;s 10 largest industrial automation companies, and five of the world&rsquo;s top 10 consulting companies including Exabeam, Deloitte, EY, FireEye, Google Cloud, IBM Security, Cisco, Palo Alto Networks, Zscaler, and AWS.
 
 
 Nozomi Networks 
 <a href="https://sp-edge.com/updates/12649">
 partnered
 </a>
 with the smart building infrastructure and technology company, Johnson Controls in August 2022 to deliver its threat assessment solutions and further extend the cybersecurity capabilities of Johnson Controls&rsquo; customers&rsquo; IoT infrastructure with threat monitoring and visibility. In November 2022, Nozomi Networks 
 <a href="https://sp-edge.com/updates/14714">
 partnered
 </a>
 with the IoT/OT security startup, Viakoo to provide an agentless, end-to-end, IoT enterprise security management solution. During the same period, the company 
 <a href="https://sp-edge.com/updates/14713">
 partnered
 </a>
 with the low-code security orchestration, automation, and response (SOAR) startup, Swimlane toprovide a joint solution that automates security orchestration, threat detection and response to maintain continuous asset compliance and mitigate cyber threats across OT and IT entry points in industrial and critical infrastructure security operations.
 
 
 Funding and financials
 
 
 In August 2021, the company 
 <a href="https://sp-edge.com/updates/4606">
 raised USD 100 million
 </a>
 in a Series D funding round led by Triangle Peak Partners. The funds were utilized to accelerate product development and scale its go-to-market efforts by expanding its sales teams and increasing marketing initiatives.
 
 
 The company saw an over 5,000% increase in the number of devices handled during 2020, with the company doubling its customer base leading to a 90% YoY increase in new customer revenues, and an increase in annual recurring revenue by 110% during the same year. In 2020, the company reported that its market share neared 50% in key industry verticals.
 
</div>

<div>
 
 Deep Instinct uses artificial intelligence and machine learning to provide threat detection and automated remediation for enterprise endpoints. The company&rsquo;s Deep Neural Network (D-brain) technology detects known and unknown malware, ransomware, and other forms of threats.
 
 
 In March 2021, Deep Instinct started including a performance guarantee to ensure an extremely low false-positive rate and a ransomware warranty of up to USD 3 million per company for a single breach.
 
 
 Key customers and partnerships
 
 
 As of February 2020, the company served customers in the Fortune 500 operating across financial services, healthcare, aviation, insurance, and technology. Deep Instinct partnered with Cloud Distribution in July 2021 to launch its prevention platform through UK channel partners. The company also partnered with Tanium, a cyber asset and inventory management provider in November 2021 to deliver an integrated threat response solution for endpoint security.
 
 
 Funding and financials
 
 
 In September 2022, the company 
 <a href="https://sp-edge.com/updates/13159">
 raised USD 62 million
 </a>
 from BlackRock and Jupiter Fund Management, bringing the total funding raised to USD 322 million. Deep Instinct had plans to further extend this round with additional USD 18 million. Reportedly, this is also the company&rsquo;s last funding round before it looks at going public over 2023, depending on public market conditions.&nbsp;
 
 
 Additionally, the company also made a decision to 
 <a href="https://sp-edge.com/updates/20432">
 lay off 46 employees
 </a>
 , or 16% of its total workforce across Israel, the US and Europe in July 2023 following a management restructuring, and reportedly planned to stop making new hires in Israel.
 
 
 In March 2023, Deep Instinct 
 <a href="https://sp-edge.com/updates/16956">
 received an undisclosed investment from PayPal Ventures
 </a>
 , with the funding expected to be used to accelerate the growth of the company and its threat prevention technology.
 
 
 In 2022, Deep Instinct grew its customer base by three fold, which includes numerous Global 2000 companies spanning across the US, Europe, and Asia-Pacific.
 
</div>

<div>
 
 SentinelOne offers a range of endpoint protection solutions for enterprises. The company provides the artificial intelligence (AI)-based platform &ldquo;Singularity,&rdquo; which is a unified offering for endpoint security, including a next-generation antivirus (NGAV), endpoint detection and response tools (EDR), extended detection and response (XDR), and other tools to monitor endpoint behavior from laptops, phones, and internet-of-things (IoT) devices to identify threats. Singularity ActiveEDR incorporates Storyline Active Response (STAR) to provide automated threat detection and response and also enables end-users to write custom MITRE-compatible detection rules. SentinelOne&rsquo;s endpoint protection offering also extends to cloud endpoints and workloads, offering AI and behavior-based protection for virtual machines (VMs) and containers in the cloud. Singularity also provides features to centrally control cybersecurity policies and automate tasks for response and remediation. In addition to endpoint security, SentinelOne offers managed detection and response services, which support organizations with technology and human resources for threat hunting, response, and incident investigation.
 
 
 In April 2023, 
 <a href="https://sp-edge.com/updates/17965">
 SentinelOne launched a generative AI platform
 </a>
 for threat detection, allowing security teams to run threat detection and automated remediation operations using natural language instead of code based commands.
 
 
 In November 2023 the company 
 <a href="https://sp-edge.com/updates/23867">
 launched
 </a>
 a new, unified version of its Singularity platform, Singularity Unity, with upgraded cloud and endpoint security and data lake capabilities, as well as a GenAI cybersecurity assistant. Unity incorporated SentinelOne&rsquo;s &ldquo;PurpleAI&rdquo; models to simplify investigations, governance, and compliance and improving metrics such as mean time to detect/resolve (MTTD/MTTR).
 
 
 SentinelOne acquired cloud data-logging startup Scalyr in February 2021 for USD 155 million to bolster its own XDR capabilities. SentinelOne also entered into an agreement to acquire the identity threat detection and response (ITDR) startup 
 <a href="https://sp-edge.com/updates/9176">
 Attivo Networks 
 </a>
 for USD 616.5 million in March 2022, and expects to integrate Attivo Networks&rsquo; capabilities into its Singularity XDR solution to provide autonomous protection. This includes ITDR, identity infrastructure assessment, and identity cyber deception capabilities to protect endpoint, cloud workloads, IoT devices, mobile, and data against identity compromise, lateral movement attacks, credential theft, data cloaking, and more. This acquisition will also add to SentinelOne&rsquo;s gross margin and expand its total addressable market (TAM) by USD 4 billion in the critical identity security category.
 
 
 Key customers and partnerships
 
 
 SentinelOne partnered with cloud services and cybersecurity distributor Exclusive Networks in July 2021 to launch its platform for Australian and New Zealand MSP and MSSPs. During the same period, the company inked a partnership with ConnectWise to offer its standalone endpoint detection and response (EDR) solutions to its global partner base of technology solution providers (TSPs).
 
 
 SentinelOne has partnered with managed detection and response (MDR) 
 <a href="https://sp-edge.com/updates/4878">
 providers 
 </a>
 such as 
 <a href="https://sp-edge.com/companies/228245">
 Red Canary 
 </a>
 , deepwatch, and 
 <a href="https://sp-edge.com/companies/505475">
 BlueVoyant 
 </a>
 to 
 <a href="https://sp-edge.com/sectors/work/updates/6173">
 integrate 
 </a>
 its solution with the latter&rsquo;s MDR offerings. In addition, SentinelOne has also partnered with 
 <a href="https://sp-edge.com/companies/75116">
 Zscaler 
 </a>
 , a cloud network security 
 <a href="https://sp-edge.com/sectors/work/updates/5182">
 company 
 </a>
 , and Cloudflare, a web infrastructure and website security 
 <a href="https://sp-edge.com/updates/5182">
 company 
 </a>
 , to push its own offerings through Zscaler and SentinelOne&rsquo;s services. It also 
 <a href="https://sp-edge.com/updates/12082">
 partnered
 </a>
 with the observable data management company, Cribl in August 2022 to leverage the latter&rsquo;s observability product suite to streamline cybersecurity triage, optimize data collection, and provide security teams control of their data. During the same month, the company 
 <a href="https://sp-edge.com/updates/12235">
 partnered
 </a>
 with the IoT security startup, Armis to jointly provide three unified solutions that protect organizations across endpoints, cloud, mobile, IoT, OT devices, and more. In December 2021, Sentinel 
 <a href="https://sp-edge.com/updates/7149">
 partnered 
 </a>
 with Attivo Networks, to integrate its Singularity XDR with Attivo Networks&rsquo; Endpoint Detection Net (EDN) suite for a combined solution that prevents attackers from compromising endpoints, and to detect lateral movements to provide Active Directory protection, credential theft detection, and removal of exposed credentials. The company 
 <a href="https://sp-edge.com/updates/12331">
 partnered
 </a>
 with the cybersecurity and compliance company, Proofpoint to integrate SentinelOne Singularity XDR and Proofpoint Targeted Attack Protection (TAP) solutions and provide organizations with threat intelligence, detection, and response across emails, endpoints, cloud, and identity management. In 
 <a href="https://sp-edge.com/updates/16912">
 March 2023
 </a>
 , SentinelOne partnered with cloud network security provider Wiz to provide end-to-end cloud security solutions by leveraging each company&rsquo;s platform. With their combined capabilities, the joint solution was claimed to detect and remediate cybersecurity threats faster than stand-alone platforms.
 
 
 Funding and financials
 
 
 The company&rsquo;s last private funding round was in November 2020, where it raised USD 267 million in a Series F funding round led by Tiger Global Management, and the company expects to use the funding to support the growth of its Singularity platform.
 
 
 In June 2021, SentinelOne 
 <a href="https://sp-edge.com/updates/3850">
 commenced 
 </a>
 trading in New York Stock Exchange (NYSE) under the ticker &ldquo;S,&rdquo; raising USD 1.2 billion in its initial public offering (IPO) at an implied valuation of USD 8.9 billion. The company expected to use the proceeds for working capital, product development, capital expenditure, and administrative matters. The company also aimed to use part of the funds to acquire and invest in complementary businesses and technologies.
 
 
 SentinelOne 
 <a href="https://sp-edge.com/updates/13278">
 launched 
 </a>
 &ldquo;S Ventures&rdquo;, a USD 100 million venture fund, to invest in enterprise cybersecurity startups, in September 2022. S Ventures invested in Armorblox, an API email security platform, and Noetic Cyber, a continuous cyber asset management and controls platform. These companies joined its portfolio companies which include Torq, a no-code security automation platform, and 
 <a href="https://sp-edge.com/companies/1695999">
 Laminar 
 </a>
 , a cloud-native data security startup.
 
 
 In 
 <a href="https://sp-edge.com/updates/17067">
 FY2023
 </a>
 , the company reported a revenue of USD 422.2 million, representing a YoY growth of 106% and an adjusted gross margin of 72%. The company saw its annual recurring revenue (ARR) growing at 88% to close at USD 548.7 million and the number of customers grew around 50% YoY to exceed 10,000 in Q4 FY2023. Management guidance for revenue for FY2024 stands in the range of USD 631 million and USD 640 million.
 
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Clear the air on carbon capture, reuse, and storage

Carbon Capture, Utilization & Storage (CCUS)

Canada-based Svante provides carbon capture solutions for industrial operations. Svante’s technological focus is on carbon absorbents; it believes that conventional adsorbents lack the sophistication and properties required for economical and scalable carbon capture. Svante claims that its patented “structured absorbents” are engineered to capture and release carbon dioxide in less than 60 seconds, compared to hours taken by conventional technologies.Key customers and partnershipsSvante has forged significant partnerships to advance its carbon capture solutions, including collaborations with large industrial players like LafargeHolcim, OLCV, and Total Energies. These partnerships focus on implementing Svante’s technology in sectors like cement production, which are crucial for achieving large-scale carbon capture and storage (CCS) implementations.In April 2023, Svante signed an MoU with <a href="https://sp-edge.com/updates/18205">Pilot Energy Limited</a>, an Australian oil and gas exploration and production company, to offer carbon capture and storage (CCS) solutions in Western Australia. In May 2023, Svante teamed up with <a href="https://sp-edge.com/updates/18572">Carbon America</a>, a similar carbon capture startup to deploy commercial CCUS projects in the US. In August 2023, the company entered into a partnership with <a href="https://sp-edge.com/updates/21124">Deep Sky</a>, a Canadian carbon removal project developer, to evaluate the feasibility of carbon sequestration in the St. Lawrence River Valley in Southern Quebec. In October 2023, Svante signed an MOU with <a href="https://sp-edge.com/updates/22501">Samsung Engineering</a> to develop commercial carbon capture, utilization, and storage (CCUS) projects in Asia and the Middle East. This collaboration was followed by Svante signing a commercial supply agreement for Svante's proprietary sorbent material, CALF-20 with <a href="https://sp-edge.com/updates/22601">BASF</a>. In the same month, the company signed an MOU with <a href="https://sp-edge.com/updates/22815">Storegga</a> Geotechnologies to develop CCUS projects by combining Svante's carbon capture and removal filter technology and Storegga's CO2 transportation and storage expertise.In January 2024, Svante partnered with <a href="https://sp-edge.com/updates/25643">Rescale</a> to advance its carbon capture technology with the latter’s high-performance computing (HPC) platform to run extensive simulations and analyze large datasets. Following that, the company agreed to supply its contractor blocks for <a href="https://sp-edge.com/updates/26117">Climeworks’</a> US projects. In February 2024, Svante announced a collaboration to deploy a first-of-its-kind commercial-scale carbon capture plant at <a href="https://www.svanteinc.com/press-releases/svante-to-deploy-first-of-a-kind-commercial-scale-carbon-capture-plant-at-delek-uss-texas-refinery-with-doe-support/">Delek US</a>'s refinery in Texas.

UK-based Carbon Clean Solutions (CCS) provides modularized carbon capture solutions for a variety of industries including steel, cement, refinery, waste to energy, and biogas. As of November 2021, CCS had 45+ carbon capture projects around the world, including in the US, Europe, India, and Indonesia. CCS has captured more than one million metric tons of carbon dioxide (CO2) since its inception in 2009.CCS claims that its next-generation proprietary CCUS technology has a carbon capture rate of over 90%. CCS’s modularized and containerized carbon capture solution is reported to be around 10x smaller and around 50% cheaper than traditional open-plant designs. CCS’s cost of capture as of November 2021 is estimated to be around USD 40 per metric ton of carbon dioxide. The company expects the cost of capture to further reduce to USD 30 per metric ton in 2022.Key customers and partnershipsIn May 2024, Carbon Clean announced the <a href="https://sp-edge.com/updates/29167">installation</a> of carbon capture units at Ørsted's "FlagshipONE," the largest e-methanol project in Europe.In July 2022, CCS <a href="https://sp-edge.com/updates/11742">partnered</a> with Kellogg Brown and Root (KBR), an NYSE-listed engineering solutions company, to collaborate on a front-end engineering design (FEED) contract. The project is planned to be deployed at CEMEX’s (a Mexican supplier of building materials) Rudersdorf <a href="https://sp-edge.com/updates/6389">cement plant</a> in Germany.Carbon Clean signed a <a href="https://sp-edge.com/updates/22500">joint development agreement</a> (JDA) with Samsung Engineering in October 2023 to develop Onboard Carbon Capture Solutions (OCCS) projects.Funding and financialsThe company’s <a href="https://sp-edge.com/updates/10357">most recent</a> funding was in May 2022, when it raised USD 135 million in a Series C funding round led by Chevron to aggressively scale up their carbon capture technology.

Canada-based CarbonCure Technologies uses captured carbon dioxide (CO2) to produce green concrete products. The company’s innovative technology injects captured CO2 into the concrete mix; the reaction forms a nano-sized mineral (calcium carbonate) that makes the concrete stronger.Key customers and partnershipsCarbonCure has partnered with numerous concrete producers and is licensed to over 800 concrete plants across 35 countries. CarbonCure concrete was also deployed at several high-profile projects including Amazon’s HQ2 building in Virginia and General Motors’ steel plant in Tennessee.In August 2019, CarbonCure entered into a strategic partnership with Linde (a global industrial gas and chemicals company) to expand its geographical reach across Europe, Southeast Asia, and Oceania. In October 2022, CarbonCure entered into a five-year agreement with <a href="https://sp-edge.com/updates/14059">BMO Financial Group</a>, a Canadian financial service provider, to supply carbon credits. CarbonCure has several high-profile investors including Amazon, Breakthrough Energy Ventures, Microsoft, Shopify, Mitsubishi Corporation, and Carbon Direct. In February 2023, the company partnered with <a href="https://www.carbon-direct.com/insights/direct-air-capture-to-concrete-2-2">Heirloom</a>, a DAC company, to build carbon-removing concrete. In November 2023, CarbonCure Technologies partnered with <a href="https://sp-edge.com/updates/24296">Deloitte Canada</a> to provide carbon credits in a multi-year agreement for the latter's climate action strategy and expand CarbonCure’s technology globally.Funding and financialsCarbonCure’s most recent funding was in July 2023, when it raised <a href="https://sp-edge.com/updates/20018">USD 80 million</a> in a venture funding round led by Blue Earth Capital. The proceeds were utilized to scale up the company’s product roadmap and geographical footprint by further expanding its reach to more territories.

Technologies bringing about a new reality

Extended Reality

DigiLens is a developer of holographic waveguides, which is a clear, thin piece of glass or plastic, used for AR devices. In January 2023, the company launched ARGO, an XR smartglass designed for enterprise and industrial use, the first AR device to utilize Qualcomm’s SnapDragon XR2 platform. Other specifications included 6-degrees of freedom (6-DoF) tracking, a 30-degree field-of-view, spatial audio, a 48MP RGB camera, voice and gaze recognition, access to real-time data visualizations, and a 2,500-nits HD display.&nbsp;The company’s first product, the DigiLens Crystal was introduced in 2019, was a thin-film laser-etched photopolymer embedded with microscopic holograms of mirror-like optics. By projecting a micro display to one end of the lens and another set of optics working to guide the light wave toward the eye, this proved to be an ideal piece of hardware for AR devices, which are preferred with as little hardware as possible.&nbsp;It claims that its patented optical platform and photopolymer technology coupled with a holographic copy manufacturing process enable it to produce cheaper and more scalable solutions. In <a href="https://sp-edge.com/updates/17598">April 2023</a>, the company announced the launch of SRG+, a surface relief gratings product that improves upon its waveguide technology.The company generates revenue by licensing its technology across a range of industries including the automobile, enterprise, consumer, avionics, and military sectors. DigiLens also offers a white-label solution for automotive companies whereby it creates holographic waveguides for windshields that could offer in-cabin experiences for drivers.&nbsp;&nbsp; Key customers and partnershipsKey partnerships include that with1) Phantom Technologies: - Phantom Technology: To integrate Phantom's CASSI Spatial AI assistant into the DigiLens ARGO glasses, providing features such as spatial search, a contextual assistant, and task management using voice commands (October 2023)2) Wisear: To integrate its neural interface-powered earphones with the ARGO smart glasses (May 2023)3) Mojo Vision: To utilize Mojo Vision's micro-LED technology to build improved AR glasses (May 2023)4) Taqtile: To integrate the company's ARGO smart glasses with Taqtile's AR work platform, Manifest (May 2023)5) OMNIVISION: To develop new XR product offerings (January 2023)Other partnerships include that with OMNIVISION (January 2023), a leading global developer of semiconductor solutions to develop new XR product offerings. OMNIVISION’s liquid crystal on silicon (LCOS) panels allowed DigiLens to build LCOS/LED projectors optimized for its holographic waveguides. OMNIVISION's core camera technology provides DigiLens' devices with features such as visual odometry and six degrees of freedom.&nbsp;DigiLens also works with Taiwanese licensed waveguide manufacturer Young Optics, Chinese original design manufacturer and electronics supplier Malata, Korean display manufacturer Sekonix, international technology company Continental, Chinese optical elements manufacturer Crystal Optech, and Mitsubishi Chemical.&nbsp;Funding and financialsIn April 2022, DigiLens announced the second close of its Series D funding round (intiial close in November 2021) in which it raised USD 50 million at a valuation of USD 530 million. The funds were allocated for the development of DesignV1, its second-generation product.

Niantic, initially a part of Google, is the video game and software development company behind the popular AR mobile games, Ingress and Pokemon Go, which earned over USD 1 billion in revenue in 2020. Pokémon Go requires players to move in the physical world to come across action items in the digital space delivered in AR. The game was immediately received well by fans following its launch in 2016, with users collectively logging a walk distance of over 4.6 billion kilometers while playing the game within just two months after its release; a total of 23 billion kilometers walked as of March 2019.&nbsp;In August 2024, Niantic released Scaniverse 4, an updated version of its 3D scanning app, allowing users to capture places and objects in 3D using a Gaussian splatting technique, which provides more accurate and detailed representations with faster rendering. Previously, Niantic launched Peridot, its AR pet game in March 2023. The company announced the integration of GenAI features powered by Meta’s Llama 2 large language model (LLM) into the game, in <a href="https://sp-edge.com/updates/23960">November 2023</a>. This allowed the game's virtual pets to interact with the environment in a more realistic manner. Niantic subsequently added a mixed reality version of the game, accessible on Meta’s Quest 3 headset (May 2024). The company also launched an MR experience titled ‘Wol’ (May 2023) playable on Meta Quest headsets and smartphones, which featured an AI-enabled talking owl powered by Inworld AI, discussing the redwood forest.&nbsp;The launch of the company’s geolocation AR basketball game, NBA All-World in partnership with the NBA and NBPA in <a href="https://sp-edge.com/updates/15918?industryIds=65">January 2023</a>, was shut down in <a href="https://sp-edge.com/updates/19785">June 2023</a>, with the company laying off 230 employees and canceling production on Marvel World of Heroes, a game based on the Marvel franchise.&nbsp;&nbsp;In light of recent video game performance, the company has increasingly focused on its AR content development platform, 8th Wall, which the company acquired in March 2022–rumored to be Niantic’s largest acquisition. Notable recent updates to the platform include the launch of Niantic Studio (<a href="https://sp-edge.com/updates/30540">June 2024</a>), Lightship ARDK 3.0 (<a href="https://sp-edge.com/updates/23256">October 2023</a>), the integration of GenAI features to the platform (<a href="https://sp-edge.com/updates/21404">August 2023</a>) and the launch of Rewarded AR (<a href="https://sp-edge.com/updates/19532">June 2023</a>), which uses a smartphone's camera to immerse players within branded content in their real-world surroundings.&nbsp;Other acquisitions included New Zealand-based augmented reality studio NZXR (March 2022);&nbsp; Lowkey (December 2021), a sports gameplay recording and editing app; Hoss (October 2021), a social gaming platform to improve its in-game social experience, and Mayhem (January 2021), a developer experience platform. In line with its vision to create a “real-world-metaverse” the company also acquired Scaniverse (August 2021) and 6D.ai (March 2020), companies focused on developing camera software to detect and scan objects and environments in 3D. Niantic’s other strategic initiatives include an investment in Gowalla (January 2022), an AR-based social app.Key customers and partnershipsProminent brands such as Coachella, Historic Royal Palaces, Universal Pictures, SoftBank, Warner Music Group, and the PGA of America utilized ARDK to create AR experiences.Recent partnerships include that with Triverr (to create AR advertising and brand experiences with precise measurement in <a href="https://sp-edge.com/updates/32024">July 2024</a>)&nbsp; Capcom (to launch the Monster Hunter geolocation AR mobile game in <a href="https://sp-edge.com/updates/21862">September 2023</a>) and Amazon (to launch Amazon Anywhere, which allowed customers to purchase physical Peridot merchandise within the game’s app in May 2023).&nbsp;Previous partnerships include that with Sony (February 2022) to collaborate and develop application software for auditory AR and Nintendo (March 2021) to develop mobile apps that combined Nintendo’s IP with Niantic's AR technology.

DeepMotion offers VR tracking solutions for the animation of full body avatars. The company offers its “Motion Brain” software, which allows for digital avatars to perform reactive and parametric motions in real time. The software utilizes AI and physics simulations to enable real, physics-based interaction with other characters, objects, and the environment. Additionally, the Motion Brain software can enable dynamic behaviors by allowing digital characters to learn from their environment through generative reinforcement learning.&nbsp;The SDKs used by DeepMotion generate full body motion and can be integrated with most VR headsets at real-time frame rates. To utilize its tracking solutions, developers need to create a physics rig and retarget animations using the DeepMotion Editor and the integration of DeepMotion API libraries.&nbsp;As of January 2024, the company was working on creating MotionGPT, a GenAI powered tool which allows users to use text prompts to create 3D animations. Specifically, it allows users to specify prompts for particular motions, such as limb movements, emotions and blending multiple motions. The platform is set to launch by the end 2024.The company offers freemium pricing plans, with paid packages ranging from USD 9 to USD 83. DeepMotion’s other solutions include the generation and AI-powered motion tracking of 3D characters targeted at the film industry.Funding and financials​​In March 2023, the company announced an investment from Bandai Namco Entertainment, which would be injected into the business in phases across 2023 through to 2026. Bandai Namco Entertainment aimed to utilize DeepMotion’s tech on AI-based motion generation and create new entertainment experiences using motion intelligence.

Data Infrastructure & Analytics

<div>
 
 Data-mastering company Tamr is an enterprise data unification platform that is deemed cost-effective, scalable, and accessible to any enterprise. Deployed in production at a variety of organizations, including information services providers, pharmaceutical firms, and retailers, the company&rsquo;s cloud-native solutions offer an alternative to traditional Master Data Management (MDM) tools. Backed by investors like NEA and Google Ventures, Tamr lays the foundation for modern DataOps at many large organizations such as Toyota, Santander, and GSK.
 
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ScyllaDB is the monstrously fast and scalable database for today's terabyte-scale and beyond data intensive applications. ScyllaDB is available as open source and enterprise offerings that can be run anywhere, and ScyllaDB Cloud, a fully-managed Database as a Service (DBaaS) available on AWS and Google Cloud. ScyllaDB supports wide-column NoSQL workloads fully compatible with Apache Cassandra and Amazon DynamoDB. ScyllaDB was founded under the name Cloudius Systems. As Cloudius Systems, the company pioneered the unikernel trend with the development of OSv, designed from the ground up to execute a single application on top of a hypervisor for superior performance and effortless management.

<div>
 
 Yellowbrick Data was founded in 2014 by experts in database and flash memory technologies to simplify data warehousing. They wanted to solve the challenges of high availability, running complex mixed workloads, support for ad-hoc SQL, computing correct answers on any schema, massive scalability and supporting large numbers of concurrent users. Yellowbrick Data empowers companies to make faster decisions with all of their data. Built for enterprises and the hybrid cloud, the Yellowbrick Data Warehouse deploys powerful analytics anywhere, with best-in-class economics.
 
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Hydrogen Economy

Canada-based Ionomr Innovations develops and manufactures ion-exchange membranes and polymers for clean energy applications, including hydrogen electrolyzers and fuel cells. The company’s product portfolio consists of “Pemion” and “Aemion.” Pemion is its proton exchange membrane (PEM) product, which can be used in PEM electrolysis and PEM fuel cells. Aemion, its anion exchange membrane (AEM) product, can be used in AEM electrolysis and AEM fuel cells. The company claims that Aemion is stable in both highly basic and highly acidic scenarios, which in turn allows production and use of hydrogen without the need for precious metals, unlike traditional PEMs. The company has its research and development and manufacturing facilities are located in Vancouver, Canada.Key customers and partnershipsIn June 2023, Ionomr and Cipher Neutron, a provider of AEM electrolyzers and reversible fuel cells, entered into an agreement to develop North America’s first 250 KW AEM hydrogen electrolyzer. The electrolyzer will commercially produce affordable, high-volume hydrogen gas for governments and industries seeking to reduce pollution and emissions. Previously, in April 2023, the company entered into a collaboration with Sunfire, a provider of industrial electrolyzers based on pressurized alkaline and SOEC technologies, to develop an AEM electrolyzer in the upper double-digit kW range for industrial scale-up using Ionomr’s Aemion anion exchange membranes.Funding and financialsIonomr's latest funding was in <a href="https://sp-edge.com/companies/455529#:~:text=funding%20was%20in-,December%202023,-%2C%20when%20the%20company">December 2023</a>, when the company raised USD 20 million in a Series A-4 funding round led by NGIF Cleantech Ventures and Pallasite Ventures. Ionomr intended to use the funds to enhance and expand the manufacturing of its core products, Aemion and Pemion. Prior to this, in <a href="https://sp-edge.com/updates/7885">January 2022</a>, Ionomr raised USD 15 million in a Series A funding round. The proceeds were used to scale up the production of its ion-exchange membranes and polymers, as well as the company’s planned <a href="https://sp-edge.com/updates/8551">R&amp;D</a> facility in the US.In September 2023, the company graduated from the Shell GameChanger Accelerator Powered by NREL (GCxN), an accelerator program that provides select cleantech startups with access to funding, facilities, and technical experts.

Raven is a producer of green hydrogen and synthetic fuels from organic waste. The company’s proprietary "Steam/CO2 Reformation” technology uses steam and a non-combustion and non-catalytic chemical process to convert solid, medical, and industrial waste into renewable fuels such as green hydrogen, synthetic liquid fuels, additives, solvents, and sustainable aviation fuel (SAF).In March 2022, Raven established its Spanish subsidiary, Raven SR Iberia, in Zaragoza, Aragón, which will allow the company to expand its European presence.Key customers and partnershipsIn April 2021, Raven partnered with Hyzon Motors to build up to 100 hydrogen hubs in the US and around the world. The first <a href="https://sp-edge.com/updates/12912">facility</a> in the San Francisco Bay Area, using the Steam/CO2 Reforming process, is expected to be online in Q1 2024. Together, all 100 hydrogen hubs are expected to convert 5,000 tons of waste and power 10,000 heavy-duty trucks per day. In <a href="https://sp-edge.com/updates/15579">January 2023</a>, Raven expanded its partnership with Hyzon to include Chevron New Energies to deploy a waste-to-hydrogen facility in Richmond, California. Raven also plans to deploy a <a href="https://sp-edge.com/updates/9470">waste-to-hydrogen</a> production facility in Aragon, Spain, which is expected to be operational by 2024. Raven selected <a href="https://sp-edge.com/updates/13031">Watlow</a>, an industrial thermal systems manufacturer, as its technology partner for the new facility.In August 2021, Raven partnered with Republic Services to commercialize green hydrogen production in Northern California. The green hydrogen produced will be resold at commercial fueling stations to power zero-emission passenger and heavy-duty vehicles in the transportation sector. In November 2021, Raven SR acquired Benicia Fabrication &amp; Machine (BFM), an industrial engineering and equipment supplier, for technology development.In May 2022, the company partnered with <a href="https://sp-edge.com/updates/10456">Gevolve Solutions</a>, an Australian renewable energy exploration firm, to develop hydrogen and synthetic fuel production networks across Australia. Raven collaborated with <a href="https://sp-edge.com/updates/12475">Howden</a>, a Scottish engineering provider to develop a standardized design for hydrogen compressors at Raven’s production facilities, and with <a href="https://sp-edge.com/updates/12301">INNIO</a>, an Australian producer of reciprocating gas engines, to power Raven’s waste-to-hydrogen plant in California with INNIO’s engines. In September 2022, Raven signed an MoU with <a href="https://sp-edge.com/updates/13432">Emerging Fuels Technology (EFT)</a>, a producer of SAF, to jointly develop SAF and renewable diesel. In December 2022, the company partnered with <a href="https://sp-edge.com/updates/15447">Chart Industries</a>, a producer of engineering equipment for the energy sector, to explore carbon capture and storage solutions. In January 2023, Raven signed an MoU with <a href="https://sp-edge.com/updates/15942">H3 Dynamics</a>, a Singapore-based AI and robotics company, to jointly develop green hydrogen aviation hubs for airports worldwide. In the same month, Raven partnered with <a href="https://ravensr.com/raven-sr-agrees-to-supply-sustainable-aviation-fuel-to-japan-airlines/">Japan Airlines</a> and All Nippon Airways (ANA) to supply waste-to-hydrogen SAF on major air routes. In April 2023, Raven signed an MoU with Cap Clean, a Canadian clean energy development company, to deploy Raven’s Steam/CO2 Reforming process at Cap Clean’s portfolio of biofuel facilities across Canada.Funding and financialsIn July 2023, investment firm RockCreek made an undisclosed investment in Raven, which the company intends to use to further commercialize low-to-negative carbon intensity hydrogen and SAF. Raven secured an undisclosed strategic investment from its construction partner <a href="https://sp-edge.com/updates/16762">Stellar J</a> in February 2023, to commercialize its waste-to-hydrogen production by early 2024. In <a href="https://sp-edge.com/updates/15132">December 2022</a>, the company received EUR 1.7 million (USD 1.75 million) in grant funding from the European Commission to establish the waste-to-hydrogen production facility in Aragon, Spain. In the same month, Hyzon invested <a href="https://sp-edge.com/updates/15460">USD 8.5 million</a> in Raven, and plans to invest the remaining USD 1.5 million by 2023 to deploy a waste-to-hydrogen facility in California. In March 2022, the company received a strategic investment from Samsung Ventures to expand its reach globally, particularly in the Asia-Pacific region. Previously, in August 2021, Raven received USD 20 million as a strategic investment from Chevron, ITOCHU Corporation, Hyzon Motors, and Ascent Hydrogen Fund. The funds were used to establish production facilities at landfills in Northern California.

Using AI to automate, enhance and optimize marketing activities

Marketing Automation

Sesame Labs is an in-game advertising (IGA) platform that specializes in the Web3 ecosystem, offering an end-to-end suite of marketing tools that include a CRM, ad network, and campaign management tools. The blockchain-native solution provides a comprehensive view of user profiles based on in-game, social, and on-chain activity, and includes filters to identify user engagement in order to deliver personalized messaging features with built-in rewards and custom pricing. The platform also allows advertisers to find players within a specific target audience, while the integration of quests and landing pages with automated rewards can further incentivize users to engage with the advertising content. As of February 2023, its customers include Decentral Games, League of Kingdoms, and Ethermon.Funding and financialsIn February 2023, the company launched its platform out of beta, securing <a href="https://sp-edge.com/updates/16238">USD 4.5 million in a seed funding </a>round co-led by Wing Venture Capital and Patron to expand its engineering team, market its solutions, and expand its user base.

<div>
 
 Moloco is a suite of machine-learning (ML)-powered performance advertising solutions for marketing teams. Its product offering consists of 1) Moloco Cloud demand-side ad platform (DSP), a programmatic ad solution for mobile apps that leverages first-party data to drive growth through performance-driven advertising, offering real-time reporting, creative tools, broad reach, and exclusive access to in-app impressions, 2)&nbsp; Moloco Retail Media, which enables eCommerce platforms to launch ad businesses by offering personalized ads, and self-serve campaign scaling tools, and 3) Moloco Monetization for Streaming and over-the-top (OTT), empowering content publishers to scale ad businesses, optimize ROI with first-party data, deliver relevant ads, expand audience reach, and maximize monetization, all while ensuring accuracy, privacy compliance, and continual improvements through machine learning (ML). ​​Additionally, Moloco offers a range of advertising solutions tailored to specific industries, such as gaming and fintech, providing specialized tools and features to meet the unique needs of each industry. As of June 2023, its customers included Playrix, Fetch, Bumble, DraftKings, and FunPlus.&nbsp;&nbsp;
 
 
 The platform&rsquo;s Retail Media solution claims to offer a margin of 75%+ on ad revenue, generate up to 5% of GMV in ad revenue, and achieve an advertiser ad ROAS (return on advertising spend) of 800% or higher. Meanwhile, its streaming media monetization solution claims to have scaled infrastructure that captures value within 90 days, with features such as: 400+ billion daily bid requests, run-rate ad spend of more than USD 1 billion, and a presence in 240+ countries.
 
 
 In October 2022, the company acquired Tauk, which provides a unified platform for diagnosing, resolving, and communicating the issues that arise during testing apps.&nbsp;
 
 
 Key customers and partnerships&nbsp;
 
 
 In May 2023, Moloco was recognized as a Google Cloud Premier Partner, leveraging Google Cloud's integrated infrastructure to power its operational ML solutions.&nbsp;
 
 
 Funding and financials&nbsp;
 
 
 In June 2023, the company raised a 
 <a href="https://sp-edge.com/updates/19797">
 secondary funding round
 </a>
 led by Fidelity Management and Research Company and EDBI, with a post-money valuation of USD 2+ billion, which is more than a 40% increase compared to the USD 1.5 billion valuation it received at its Series C funding round in 2021. It planned to use the funds to support Moloco's expansion and develop new products. The company also reported that its revenue surpassed USD 200 million in 2022, a more than 5x growth from 2020 to 2022 and had maintained profitability for 12 consecutive quarters.
 
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Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

<div>
 
 Imagry is an Israel-based startup that develops hardware-agnostic mapless driving solutions for Level 3&ndash;4 autonomous vehicles using hi-resolution cameras and bio-inspired technology (i.e., at Level 3, the driver is not required to maintain full vigilance but must be able to take control if necessary and Level 4 refers to fully autonomous vehicles limited to specific locations and/or conditions). Its location-independent system facilitates deployment on unknown roads and can be installed on passenger vehicles and buses. The company uses low-cost sensors and real-time processing to eliminate the need for digital mapping or continuous satellite connection. In January 2024, the company announced a new autonomous driving function aimed at drivers who require assistance due to either inexperience or longer reaction times due to age, fatigue, or distraction. The system, named &ldquo;Safe Driver Overwatch,&rdquo; prevents drivers from exceeding speed limits and disobeying traffic signals and signs.&nbsp;
 
 
 The company has tested its solution in the roads of Haifa (Israel), an area claimed to be difficult to navigate. In May 2023, it received the first ever autonomous bus permit awarded by Israel&rsquo;s Ministry of Transportation. As of February 2024, Imagry has also been operating its autonomous vehicles on public roads in California, Arizona, Frankfurt (Germany), and Tokyo (Japan).&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 Imagry has a partnership with Otokar, a Turkish bus and military vehicle manufacturer, to produce its shuttles&mdash;of which the first was received by the company in December 2022.&nbsp;
 
 
 
 
 In January 2023, the company announced plans to pilot autonomous shuttles at Sheba medical center and on a public bus line in Nahariya, Israel in partnership with Nateev Express, a local public transport operator.
 
 
 
 
 January 2023 the company partnered with the global automotive parts manufacturer Continental to integrate its technology in the Continental Autonomous Driving (AD) platform offering for passenger vehicles to automate parking exploration.
 
 
 
 
 Funding and financials
 
 
 In September 2022, Imagry raised USD 10 million in convertible notes.
 
 
 
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<div>
 
 Israel-based TriEye offers complementary metal-oxide-semiconductor (CMOS)-based short-wave infrared (SWIR) sensing solutions pitched toward autonomous vehicles, advanced driver assistance systems (ADAS), and biometric and industrial applications. Its product portfolio includes the &ldquo;SEDAR&rdquo; (Spectrum Enhanced Detection And Ranging) sensor that provides imaging and depth information for autonomous driving systems and ADAS. The company claims the sensor could potentially replace the sensing technologies used in vehicles currently (i.e., the combination of cameras, radar, and LiDAR) as the company brings down the cost of the technology. TriEye also claims to be the world's first CMOS-based SWIR sensor maker.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 TriEye&rsquo;s customer partnerships include automobile manufacturer Porsche (January 2020) and global automotive supplier DENSO (June 2021). In January 2022, the company partnered with Hitachi Astemo, a Tier-1 automotive supplier to incorporate SEDAR sensors in ADAS solutions.&nbsp;
 
 
 
 
 The company also entered partnerships with Continental Engineering Services, a provider of engineering services and components to the automotive industry, for the implementation of SWIR imaging systems in Driver Monitoring Systems (May 2021), and with 
 <a href="https://trieye.tech/blog/trimble_collaboration/">
 Trimble
 </a>
 , a provider of machine control technology for agriculture and construction, to explore the use of autonomous vision systems (June 2021). In June 2023, TriEye partnered with Coherent, a developer of semiconductor lasers, to launch a laser-illuminated SWIR imaging system for automotive and robotic applications.
 
 
 
 
 Funding and financials:
 
 
 In November 2021, TriEye raised USD 74 million in a Series B funding round co-led by M&amp;G Investments and Varana Capital to commercialize its product offerings primarily targeting automotive applications.
 
 
 
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The toolkit to build machine learning applications at scale

Machine Learning Infrastructure

d-Matrix specializes in the development of computing platforms tailored for managing GenAI inferencing workloads within data centers. It aims to overcome memory limitations prevalent in AI computing by advancing high-efficiency digital-in memory compute (DIMC) chips.Its flagship product Corsair, scheduled for commercial release in 2024, serves as an in-memory compute engine engineered to accommodate the entire AI model within the memory, giving developers the flexibility to deploy AI models. Corsair will have 2048 DIMC cores with around 2,400–9,600 TeraFLOPS of AI compute.Funding and financialsIn September 2023, the company raised USD 110 million in a <a href="https://sp-edge.com/updates/21619">Series B</a> funding round led by Temasek. It aimed to use the fresh funds to commercialize its inference compute platform, Corsair. As of the same month, the company expected revenue of USD 10 million in 2023.

Iguazio provides a serverless platform based on its open-source Nuclio framework that helps users to develop, deploy, and manage real-time AI applications without requiring them to manually manage underlying infrastructures such as servers and storage. The platform creates real-time intelligence for applications located at the edge, public cloud, and on-premise data centers and reduces bandwidth constraints by consolidating data into a repository and making it available for applications as required. The platform can ingest and transform data from any source, which is then used to train, evaluate, deploy, and monitor models in production.The company leverages Big Data and ML software such as Apache Spark, TensorFlow, and Kubernetes to manage software containers that enable applications to run across different computing environments.Key customers and partnershipsIguazio serves customers in the financial services, telecommunications, smart mobility, manufacturing, retail, AdTech, gaming, healthcare, energy, and utilities sectors. Notable customers include Samsung, Microsoft, NVIDIA, AWS, Google, and Intel.Funding and financialsIn January 2020, the company raised USD 24 million in a funding round led by INCapital Ventures. The funds were utilized to accelerate its growth, expand its reach into new global markets, grow sales, and facilitate new sales channels that include companies such as Dell Technologies

A new generation of building blocks for emerging tech

Next-gen Semiconductors

SiFive is a fabless semiconductor company founded in 2015 that specializes in designing processor cores and chips based on the open-source RISC-V instruction set architecture. The company provides commercial RISC-V-based platforms and custom silicon solutions, offering a range of processor core IP, development boards, and SoCs. SiFive's technology enables system designers to quickly and easily build custom chips for various applications including data centers, networking, storage, and edge computing. The company's cores offer 30-40% better power efficiency and a smaller size compared to alternatives, allowing for more cores on a chip. SiFive's online platform simplifies the process of designing and testing chips and core IP, even for those new to silicon development. In September 2020, SiFive appointed Patrick Little as President and CEO to accelerate adoption of its technology for next-generation computing solutions. As of March 2022, SiFive had a post-money valuation between USD 1-10 billion.
Key customers and partnerships
SiFive has collaborated with several high-profile organizations. In 2022, NASA announced that SiFive's RISC-V-compatible CPU cores would power its new High-Performance Spaceflight Computer, expected to deliver a 100-fold improvement in performance over its predecessor. SiFive has also worked with the Barcelona Supercomputing Center to create an open-source API for popular compilers, enabling applications to use the RISC-V Vector Extension for high-performance computing, artificial intelligence, and computer vision. The company has partnerships with major technology firms, as evidenced by its involvement in initiatives supporting RISC-V International.

TriEye is a Tel Aviv-based company pioneering cost-effective Short-Wave Infrared (SWIR) sensing technology for mass-market applications. Founded in 2017, TriEye developed the world's first CMOS-based SWIR image sensing solutions, enabling high-definition SWIR imaging and accurate deterministic 3D sensing in all weather and lighting conditions. The company's core technology is based on a decade of nanophotonics research conducted at the Hebrew University of Jerusalem.
TriEye's flagship product is the SEDAR (Spectrum Enhanced Detection And Ranging) platform, which combines a high-definition SWIR camera with 3D sensing capabilities. SEDAR utilizes TriEye's Raven HD CMOS-based SWIR image sensor and UltraBlaze, an ultra-high-power, eye-safe, pulsed SWIR illuminator. This system provides both HD SWIR 2D images and a detailed deterministic 3D depth map, offering superior performance in challenging visibility conditions such as darkness, fog, and glare. SEDAR operates in the SWIR spectrum, allowing for improved eye safety, longer range, and better performance in adverse weather compared to near-infrared (NIR) systems.
The company's CMOS-based SWIR technology significantly reduces manufacturing costs compared to traditional InGaAs-based SWIR sensors, making it suitable for high-volume markets. TriEye's sensors offer higher resolution, smaller size, and lower power consumption than conventional SWIR technologies. As of August 2023, TriEye announced a breakthrough 1.3Mp 7um pixel array SWIR sensor developed in collaboration with Tower Semiconductor, demonstrating excellent response across the SWIR spectrum.

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

<div>
 
 Founded in Israel, NeuReality specializes in providing hardware infrastructure to streamline computation processes to accelerate the development of AI applications. Its technology assists AI inferencing deployment by offering a comprehensive system solution that seamlessly supports a vast array of deep learning models.
 
 
 NeuRealitys&rsquo; infrastructure includes an architecture called the Network Addressable Processing Unit (NAPU) to maximize the capabilities of Deep Learning Accelerators (DLAs). This design facilitates inference through purpose-built NAPUs that are specifically crafted for AI inference tasks, enhancing performance and efficiency.
 
 
 The NR1 AI Inference Solution by NeuReality is a comprehensive system comprising architecture, hardware, and software platforms. Launched in November 2023, it intends to simplify the installation, utilization, and management of AI, making it accessible and manageable for users.
 
 
 The hardware offerings of the solution include,
 
 
 1. 
 NR1 Network Addressable Processing Unit
 : A network addressable inference Server-on-a-Chip with an embedded Neural Network Engine, which is a workflow-optimized hardware device with specialized processing units, native network capabilities, and virtualization capabilities
 
 
 2. 
 NR1-M&trade; AI Inference Module
 : A full-height, double-wide PCIe card containing one NR1 Network Addressable Processing Unit (NAPU) system-on-chip and a network addressable Inference Server that can connect to an external Deep Learning Accelerator (DLA)
 
 
 3. 
 NR1-S AI Inference Appliance
 : An optimized design for an inference server that contains NR1-M modules with the NR1 NAPU, which enables disaggregated AI service in a scalable and efficient architecture
 
 
 The software component of the solution is designed to be compatible with any trained model from any development environment. It includes tools that handle the entire AI pipeline and enable seamless connection of AI workflows to any environment.
 
 
 NeuReality differs from traditional AI chip connectivity in replacing CPU-centric support with an AI-centric platform. This allows components to communicate directly with AI accelerators, eliminating the need for commands to pass through a central processing unit. Additionally, the technology enables AI accelerators to connect with each other, enhancing efficiency and performance in AI applications. It also claims its AI-centric approach reduces complexity, cost, and power usage. The firm claims it can reduce inference costs by 90%.
 
 
 Key customers and partnerships
 
 
 In November 2021, NeuReality teamed up with IBM to develop advanced AI inference technology by enhancing its NR1 chip and system for use in IBM's Hybrid Cloud.
 
 
 In September 2021, the company partnered with Xilinx to develop AI-centric platforms that improve real-world AI applications. This collaboration was intended to focus on NeuReality's AI-centric inference platform NR1-P and address existing issues with AI deployment including cost and complexity.
 
 
 Funding and financials
 
 
 In 
 <a href="https://sp-edge.com/updates/27745">
 March 2024
 </a>
 , NeuReality secured USD 20 million in funding led by The European Innovation Council (EIC) Fund. The funds were intended to accelerate the deployment of NeuReality&rsquo;s NR1AI Inference Solution.
 
 
 In December 2022, it secured USD 35 million in a Series A funding round led by Samsung Ventures, with Cardumen Capital, Varana Capital, OurCrowd, XT Hi-Tech, and others as participants. The funding was used to launch its flagship AI inferencing solution.
 
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<div>
 
 d-Matrix is a chip design company specializing in the creation of chips optimized for GenAI applications. The company's core innovation lies in its ability to develop chips that significantly reduce energy consumption while managing the substantial computational demands of AI processing.
 
 
 d-Matrix&rsquo;s first generation of AI hardware products includes the Nighthawk, Jayhawk-I, and Jayhawk II chiplets. These were succeeded by the Corsair C8 compute card, introduced in September 2023. d-Matrix claims the Corsair C8 compute card outperforms NVIDIA&rsquo;s H100 GPU by a factor of nine in GenAI tasks. This AI accelerator utilizes d-Matrix's proprietary digital-in-memory computer (DIMC) technology, providing ample memory capacity for AI models. d-Matrix claims that a cluster of Corsair C8 cards can deliver 20x better power efficiency, 20x lower latency, and up to 30x lower costs compared to similar NVIDIA solutions.
 
 
 In November 2022, d-Matrix partnered with Microsoft to utilize Microsoft's Project Bonsai, a low-code reinforcement learning (RL) platform, to develop an AI-trained compiler for d-Matrix's DIMC products.
 
 
 Funding and financials
 
 
 In 
 <a href="https://sp-edge.com/updates/21619">
 September 2023
 </a>
 , d-Matrix raised USD 110 million in Series B funding. The company planned to utilize the funds to bring its DIMC chiplet-based inference compute platform, named &quot;Corsair,&quot; to the commercial market, with plans for its release in 2024.
 
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Now anyone can become a software developer.

No-code Software

<div>
 
 Amaze (formerly known as Famous) offers a no-code content creation platform that enables merchants, designers, and business owners to create advertising pages, promotional pages, and slides to be used in their marketing campaigns, Instagram bio links, and social media posts. The platform offers Studio, its design suite, tools to manage&nbsp; performance, as well as a content management solution. Additionally, Amaze offers a free library of assets such as transitions, templates, and animations.&nbsp;
 
 
 In January 2022, the company launched a new product named &ldquo;Amaze Free,&rdquo; which allows users to use Amaze&rsquo;s tools directly in Shopify without the use of code. Amaze will be offered for free in the Shopify App Store, and will offer immersive designs, animations, and transitions, to enable merchants to build customized landing pages.&nbsp;
 
 
 In October 2022, Amaze 
 <a href="https://sp-edge.com/updates/14540">
 acquired Spring
 </a>
 , a social commerce platform, for an undisclosed amount. Amaze expects to leverage Spring&rsquo;s 5.5 million new creator stores and its leadership team&rsquo;s experience in social commerce, merchandising, and marketing. Moreover, the company integrated its product design, monetization features, and fulfillment solutions into its product offering. In July 2023, the company went on to expand its in-country fulfillment network&nbsp; to Australia to reduce delivery time and shipping costs.&nbsp;
 
 
 In June 2023, the company went on to acquire Outfts, a creator analytics platform, for an undisclosed amount. The acquisition enabled Amaze to provide users access to additional tools and services such as media kits, Link In Bio tools, and a number of brands' product catalogs.&nbsp;
 
 
 Key customers and partnerships
 
 
 Amaze partners with a range of companies to extend its tools and features to a broader audience and expand its product offerings. These include partnerships with 1) Shutterstock (September 2022) to provide users access to the Shutterstock&rsquo;s library of licensed images and videos, 2) TikTok (June 2023), to release an integration that enables users to curate, showcase, and sell their own products on the platform, 3) Kornit Digital (June 2023), an on-demand textile production company, to provide its production and fulfillment solutions to Amaze customers, and 4) Cameo (October 2023), a celebrity video sharing website, to offer its managed creator services to users of the platform.
 
 
 As of February 2024, the company served over 11 million users. 
 
 
 
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A foundational component to the next generation of digital entertainment.

Esports

<div>
 
 Genvid Holdings’ broadcasting company (Genvid Technologies) offers a software development kit (SDK) that allows game developers to integrate interactive livestream elements with esports broadcasts. This means that developers would have ultimate control of how they want to engage fans using multiple camera angles, instant replays, etc. Further, the SDK can be incorporated into broadcasts across streaming platforms (e.g. Twitch, YouTube, Facebook). Genvid operates a royalty model for its SDK whereby it charges an undisclosed amount from developers when they monetize Genvid-enabled content. The company was founded by Jacob Novak and Fabien Ninoles, both of whom are industry veterans having worked at Japanese video game holding company, Square Enix. The company has offices in California, New York, Montreal, Berlin and Tokyo.
 
 
 Genvid raised USD 113 million in a Series C funding round co-led by Valor Equity Partners and Atreides Management in July 2021. The round included the participation of new investors Third Point Ventures, Cobalt Capital, and LightShed Ventures. The round follows its USD 6 million extended Series B round in March 2020 with the cash going toward establishing its new subsidiary, ‘Genvid Entertainment’. It will be dedicated to producing massive interactive live events (MILE, a format for interactive entertainment). Further, Genvid revealed its plans to double its team (currently 80) by July 2022 and to launch SaaS and API products in 2022 allowing smaller developers and studios to build, launch, and run MILEs.
 
 
 Genvid launched a publishing division for MILEs and hired former Ubisoft executive, Arthur von Nagel, as vice president of production at its subsidiary, Genvid Entertainment 
 <a href="https://sp-edge.com/updates/8232">
 in February 2022
 </a>
 . 
 
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Membership-based, non-insurance healthcare companies helping maintain a steady state of well being.

Preventive Healthcare

Welldoc offers a chronic care platform supporting various conditions such as prediabetes, diabetes, hypertension, heart failure, weight management, mental well-being, and sleep apnea. Welldoc's FDA-cleared digital health app, BlueStar, assists individuals in self-managing their diabetes care and strengthens their connections with their healthcare team. The company offers holistic guidance to assist individuals in managing their daily nutrition, physical activity, data tracking, and long-term trends.In August 2023, the company was the first to receive FDA approval to provide bolus insulin dose recommendations based on continuous glucose monitoring (CGM) readings, and, as of May 2024, the company held 11 FDA clearances and 43 patents for advanced AI and technology and was included in more than 80 clinical publications.Key customers and partnershipsTo expand its solutions, the company has partnered with pharmacy benefit managers, health plans, health systems, and employers, including 1) Dexcom, provider of a CGM system, to offer integrated type 2 diabetes management solutions (in April 2021), 2) LifeScan, a blood glucose monitoring provider, to incorporate Welldoc’s platform into LifeScan’s OneTouch Solutions for diabetes management (in September 2021), and 3) Conifer Health Solutions, a Johnson &amp; Johnson company producing blood glucose meters, to launch a health app called Conifer Connect (in April 2023).Funding and financialsIn March 2016, the company raised USD 29.5 million in a Series B round led by Samsung Ventures, Johnson &amp; Johnson Robotics, and Digital Solutions. The funds were used for commercialization of its BlueStar solution.

Quantum information processing is slowly becoming a reality, ushering in a new technological era.

Quantum Computing

<div>
 
 QC Ware specializes in offering quantum software for enterprise quantum computing. The company&rsquo;s cloud service (called Forge) connects users with hardware providers (such as D-Wave, IBM, Rigetti, Microsoft, and Google) to trial algorithms for business use. They have developed performance algorithms for optimization, chemistry simulation, machine learning, and Monte Carlo simulations.&nbsp;
 
 
 QC Ware provides a range of solutions including identifying potential use cases for initial Pilot Projects, exploring what quantum computers can do for specific use cases, and pushing the boundaries of what&rsquo;s possible today.&nbsp;
 
 
 QC Ware has achieved several breakthroughs in quantum machine learning by developing Data Loaders, a QRAM alternative that can efficiently and easily load classical data onto quantum hardware.&nbsp;
 
 
 
 
 
 Key customers and partnerships
 
 
 In April 2021, the company collaborated with Goldman Sachs and the Air Force Research Laboratory (AFRL) to explore and leverage applications of quantum computing. In June 2022, QC Ware entered into a five-year collaboration with 
 <a href="https://sp-edge.com/updates/10955">
 Covestro
 </a>
 to research and develop quantum algorithms to accelerate the discovery of new materials. In May 2023, the company and JPMorgan Chase partnered to develop a quantum-computing-based deep hedging algorithm.&nbsp;
 
 
 
 
 
 Funding and financials
 
 
 In September 2021, the company raised USD 25 million in a 
 <a href="https://sp-edge.com/updates/5748">
 Series B
 </a>
 funding round co-led by Koch Disruptive Technologies and Covestro. The funds were allocated to accelerate the development of Forge, the company&rsquo;s cloud service platform.&nbsp;
 
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A new industry proving that digital connectivity and mental health can co-exist.

Digital Wellness

<div>
 
 Earable Neuroscience is a deep tech company specializing in consumer wearables that enhance cognitive functions, focusing particularly on improving sleep quality. The company's flagship product, the FRENZ Brainband, is an AI-powered sleep-aid wearable that uses bone-conduction speakers to track and stimulate brain activity, aiding in better sleep, focus, and relaxation. 
 
 
 
 
 This FRENZ Brainband along with the FRENZ application provides real-time sleep scoring and bone conduction to deliver cognitive behavioral therapy (CBT) audio sessions that are specific to each user. By measuring the brainwaves of wearers, the device delivers personalized audio stimulations in real time, promoting better sleep quality. The product development spanned nine years and involved collaborations with the University of Colorado and the University of Oxford, earning 18 patents in the process. 
 
 
 
 
 The company operates a manufacturing and selling business model for its brainband. As of April 2024, the wearable device was priced at USD 490.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 Earable Neuroscience's primary product, the FRENZ Brainband, targets consumers suffering from sleep disorders.
 
 
 
 
 In October 2023, the company partnered with the Vietnamese Sleep Medicine Association to leverage the scientific research and Earable's expertise to further develop the FRENZ Brainband for wider adoption within Vietnam and globally. Earlier in March 2023, the company also partnered with Excelpoint Technology to expedite the commercialization of the FRENZ Brainband.
 
 
 
 
 Funding and Financials
 
 
 
 
 In June 2023, Earable raised an undisclosed amount through a Convertible Note funding round led by Samsung Ventures. The company also raised USD 6.6 million in January 2022, through a seed funding round led by Smilegate Investment and Founders Fund, to continue to expand its operations and support its development efforts.
 
 
</div>

New insurance models are disrupting a centuries-old industry with a focus on personalization and convenience

InsurTech: Personal Lines

Fabric is a digital life insurance provider mainly targeted towards families. The app allows customers to apply for personalized life insurance online and customize insurance coverage based on changing life circumstances. Fabric also provides other value-added services such as creating free wills, organizing finances and collaborating between spouses and other stakeholders such as beneficiaries, attorneys, and financial advisors through the app. Furthermore, the company allows parents to create and oversee investment accounts for their children until they reach adulthood through its <a href="https://sp-edge.com/updates/24590">Uniform Gifts to Minors Act (UGMA) product</a>.As of December 2023, Fabric was available in all states except California and New York.Funding and financialsIn October 2020, Fabric raised USD 18 million in Series B funding led by CNO Financial Group. The company was to use the funding to expand its product portfolio and accelerate growth.

A concentration of wealth and a willingness to adopt age-in-place technologies present new opportunities.

Age Tech

Pillo Health offers voice-first, customizable devices which use artificial intelligence (AI) to function as digital health companions. Its devices and accompanying apps enhance home caregiving and boost independence of the elderly, specifically those with chronic illness, through improved medication adherence.&nbsp;Pillo offers two versions of the device. The Pillo is offered to partner organizations, while the Pria device, launched in September 2019, is a direct-to-consumer offering. Pillo Health continues to develop its technology through partnerships with leading enterprises such as Stanley Black &amp; Decker, Microsoft, Samsung, and AARP.&nbsp;In February 2020, the company launched Pillo Remotely, a web interface that gives the management of Pillo devices into the hands of caregivers, allowing care managers, remote patient monitoring (RPM) solutions providers, and other healthcare professionals to gather medication and health data, and deploy surveys. Key customers and partnershipsPillo Health primarily targets healthcare providers, telehealth companies, and other organizations involved in patient care management. Its key customers include telehealth companies and healthcare providers looking to enhance patient engagement and adherence to medication regimens.

The intersection of beauty and technology to deliver hyper-personalized products.

Beauty Tech

Based in South Korea, Lillycover is a custom skin care solutions provider and manufacturer of do-it-yourself app-based skin-diagnosis devices. Lillycover’s skincare devices and customized skincare solutions are available for users on a subscription basis. However, the company also caters to cosmetic brands and distributors.The company’s Big Data- and AI-powered, hand-held “Muilli” devices are embedded with cameras to analyze pore sizes, wrinkles, sensitivity, and oil-moisture balance which is then processed using an algorithm to determine the current state of the skin. The device is also embedded with sensors to measure conditions such as ultraviolet (UV) levels, temperature, and pH levels. After identifying skin conditions, the app will provide customized skincare recommendations.The device algorithm is powered by a database of over 110,000 skin records (as of August 2021) and claims a diagnostic accuracy of 98.3%. Muilli is supported by ‘ENIMA,’ Lillycover’s customized dispensing robot for producing personalized skincare products in approximately three minutes. ENIMA is embedded with a plasma disinfection, sterilization, and temperature and humidity control features. ENIMA can reportedly produce ~25,000 types of skincare products using 120,000 skin data sets. Lillycover also provides a skincare application named ‘DangBu,’ which enables users to subscribe to personalized skin care products and connect with skincare specialists.The company has offices in Korea and the US.Key customers and partnershipsLillycover expanded its operations to the Hong Kong and US markets in partnership with LILYARI, a Hong Kong based personalized skincare brand (June 2023) and SMART SKN, a US beauty company (October 2023), respectively.

Long-term demographic changes are finally bringing fertility technologies into focus.

Fertility Tech

<div>
 
 Natural Cycles offers an at-home fertility test kit, which includes an oral basal thermometer. The app&rsquo;s algorithm predicts ovulation and fertility windows. It is primarily used as a rhythm method contraceptive, and is a US Food and Drug Administration (FDA) and EU certified digital birth control app.
 
 
 The effectiveness of the algorithm relies on the frequency of user added data. The company claims its app offers around 93% efficacy as a birth control. In April 2020, in response to the Covid-19 pandemic, Natural Cycles expanded the app to track Covid-19 symptoms. The company received FDA clearance to integrate third-party wearable devices such as the Oura smart ring into its fertility algorithm to predict ovulation, becoming the world&rsquo;s first wearable birth control in July 2021.
 
 
 Although the company initially used only basal body temperature, in October 2020, the app was made compatible with data generated from wearables and third-party thermometers. Compatibility with wearables allows the app to use the data from the wearable without the user having to manually check their temperature orally and input the data to the app.
 
 
 The company plans to develop its own wearable technology for its FDA-cleared NC app which currently integrates with the third-party wearable technology, Oura Ring. The app is certified as a contraceptive in Europe, Australia, and Singapore.
 
 
 Key customers and partnerships
 
 
 Natural Cycles counted over 2 million registered users globally, as of February 2023.
 
 
 Funding and financials
 
 
 In February 2023, the company 
 <a href="https://sp-edge.com/updates/16373">
 raised USD 7 million
 </a>
 in a funding round led by Samsung Ventures. The funds were utilized to scale its AI/ML efforts, and hardware development, and support the launch of its cycle tracking feature integrated with the Samsung Galaxy Watch5 series across 32 markets. In addition to this, Natural Cycles launched two new Bluetooth thermometers to its existing users.
 
 
 Natural Cycles reported that it reached profitability for the first time in 2022.
 
</div>

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

INERATEC is a German company specializing in alternative fuels and e-chemicals. The company provides modular chemical plants for power-to-liquid, power-to-gas, and gas-to-liquid applications. It also converts hydrogen from renewable energy and CO2 into sustainable fuels (such as e-kerosene, CO2-neutral gasoline, clean diesel, or SNG) and chemical feedstock like waxes and methanol.INERATEC has already established industrial-scale power-to-liquid plants in Germany to increase the availability of sustainable fuel and chemicals for various industries, such as transportation and aviation. The groundbreaking for its pioneering plant was held in April 2023 in the industrial park Frankfurt Höchst, with the plant expected to produce up to 2,500 tons of sustainable e-fuels annually from 2024.Key customers and partnershipsINERATEC has followed a collaboration strategy for the research, development, and production of its solutions. In March 2022, the company partnered with Synhelion to leverage its technology to develop a solar solution to replace fossil fuels. In May 2022, Ineratec launched the “Care-O-Sene” project in collaboration with the South African Government, focussing on decarbonization projects aimed at the aviation industry. Further, it also entered into a partnership with Clariant to accelerate developments in sustainable fuel production and signed an MoU with Japanese company Chiyoda to establish power-to-liquid projects in Japan and Asia-Pacific. In April 2023, INERATEC announced a collaboration agreement with Ferrostaal Chile to jointly develop e-fuel projects in Chile.Funding and financialsINERATEC raised a total of EUR 20 million (~USD 22 million) in funding, as of April 2023, with its latest funding coming in January 2023 from an undisclosed investment led by Honda Motor Co. with participation from Engie New Ventures, MPC, Safran Corporate Ventures, FO Holding, Planet A Ventures, and HTGF. The new investment was to be used to support further growth and development of its technologies.

Tech solutions for achieving global anti-wastage targets

Food Waste

<div>
 
 Based in Israel, Wiliot provides self-powered sensor tags that look like stickers and can be attached to medicine, food, or agricultural products. These tags provide the manufacturer or retailer with product information such as location, humidity, and freshness. The information is stored on a cloud that users can access via the Wiliot platform and receive real time transparency updates. Wiliot claims that its sensing stickers can reduce food waste by 40%. 
 
 
 The company operates a Sensing-as-a-Service business targeting food brands and retailers. The first version of the sensor tag, called Wiliot V1.0, was launched in 2019. In 2020, the tags were further developed to integrate with bluetooth devices and improve the ability to access information from devices that have bluetooth connectivity. In November 2021, the V2.0 upgraded version of the tag was unveiled, which enhanced versatility and accuracy of the product. The company is planning to provide the tags at a cost of USD 500 per developer kit and is working with large retail companies to commercialize its product and is expecting to mass produce by the end of 2021. 
 &nbsp;In 
 <a href="https://sp-edge.com/updates/15615">
 January 2023
 </a>
 , Wiliot announced the launch of its Innovation Kit, which helps to track the location and temperature of a range of goods.
 
 
 In July 2021, the company raised USD 200 million in an oversubscribed Series C funding round led by Softbank&rsquo;s Vision Fund 2. Existing investors such as 83North, Amazon Web Services, Avery Dennison, and Verizon also joined the round. Following the funding round, the company is estimated to be valued at USD 1 billion. The new funds are expected to be used to expand its team at Caesarea, build a new R&amp;D facility in Tel Aviv, and scale distribution channels to launch its Version 2 self-powered tags. Wiliot also has plans to expand services to new markets such as Japan and Europe. 
 
</div>

Enabling the health systems to seamlessly connect, exchange, and interpret shared data

Hospital Interoperability

Human API is a leading health data platform that provides a proprietary consumer-driven data platform. The company's Health Intelligence Platform connects and converts health data from various sources into actionable intelligence, accelerating processes like underwriting, improving placement rates, and enhancing customer experiences. Their platform offers a robust data network with access to electronic health records (EHR) networks, health information exchanges (HIEs), patient portals, and traditional medical record retrieval partners across the US, serving over 260 million lives as of 2022.
Human API's data normalization engine expands the utility of digital health data, delivers deeper insights, and unlocks new opportunities through the development of this unique data asset. The platform uses smart evidence orchestration capabilities to optimize data retrieval paths and a reporting engine that presents useful information to underwriters at the right time. As of August 2022, Human API's platform connected to over 30,000 data sources in the US, including EHR networks, HIEs, and provider networks.
In April 2023, LexisNexis Risk Solutions, a data and analytics company focused on risk reduction for businesses, acquired Human API.
Key customers and partnerships
Human API has partnered with several leading insurance companies to streamline and enhance the life insurance buying experience for consumers. In November 2022, Nationwide announced a partnership with Human API to improve the life insurance buying experience by maximizing the use of digital health data to accelerate the underwriting process. Similarly, in August 2022, USAA Life Insurance Company partnered with Human API to expand the use of digital health data in their life insurance underwriting process, leveraging Human API's Health Intelligence Platform, patient portal network, HIPAA-authorized networks, and medical record retrieval services.
In December 2022, New York Life, America's largest mutual life insurer, announced a strategic partnership with Human API to continue streamlining and simplifying the life insurance purchase experience. This partnership enabled New York Life to retrieve consumer-mediated electronic health records in the form of normalized digital health data, replacing traditional manual methods and bringing speed, transparency, and efficiency to the underwriting process.

Pushing the envelope in MedTech with emerging technologies

Next-gen Medical Devices

Subtle Medical has developed AI technologies to improve image quality and efficiency in medical imaging procedures, such as positron emission tomography (PET) and magnetic resonance imaging (MRI). Its flagship products, SubtlePET and SubtleMR, utilize AI algorithms to enhance image quality while enabling faster scan times and reduced patient radiation exposure.SubtlePET allows healthcare providers to achieve high-quality diagnostic PET/CT images with a 33% reduction in the radioactive tracer dose administered to patients. Similarly, SubtleMR enables a 60% reduction in MRI acquisition time while restoring image quality that exceeds standard clinical protocols. The software is vendor-agnostic and compatible with all scanner brands, models, and field strengths.Key customers and partnershipsSubtle Medical's AI-powered solutions have been integrated into the existing workflows of several healthcare providers, including RadNet, Affidea Europe, CCN Paris, and Precision Imaging Centers. As of December 2022, its solutions were deployed in over 400 sites worldwide.&nbsp;Subtle Medical announced a partnership with Siemens Healthineers in July 2022, integrating SubtleMR into the latter's Open Recon reconstruction pipeline, streamlining the imaging workflow. During the same month, it partnered with Incepto to offer SubtleMR and SubtlePET on Incepto’s AI platform to improve radiology professionals' access to AI solutions. It also partnered with Unilabs to implement SubtleMRI to improve the quality and efficiency of Unilabs' MRI imaging.&nbsp;The company also partnered with Getz Healthcare in March 2023 to distribute Subtle Medical's software solutions in Australia and New Zealand. In September 2023, Subtle Medical entered an agreement with Bracco Imaging to explore the potential of AI in contrast-enhanced MRI, leveraging its collective expertise and intellectual property.&nbsp;

Sports Tech

HomeCourt is a mobile basketball training application that utilizes artificial intelligence (AI), computer vision, and augmented reality (AR) to provide real-time analytics and feedback to players. Developed by NEX Team Inc., the app captures and analyzes various aspects of a player's performance, including shot accuracy, progress over time, speed, vertical jump, release time, and ball handling skills.
The technology behind HomeCourt combines proven training concepts with advanced AI algorithms to create an immersive and engaging experience for players of all skill levels. By positioning a smartphone or tablet camera to view the player and the court, the app can track and measure intricate details of the player's movements and shots.
HomeCourt offers interactive workouts and drills that simulate real-life scenarios, making the practice sessions more enjoyable and game-like. The app provides personalized training plans based on the user's specific areas of improvement, ensuring a tailored experience for each player.
In July 2018, HomeCourt launched its app, which quickly gained popularity, logging over 25 million shots, 20 million dribbles, and 3.5 million minutes of usage across 170 countries by August 2019. The app's innovative approach to basketball training caught the attention of the NBA, leading to a strategic partnership announced in July 2019.
Through this partnership, HomeCourt's technology is being utilized within the NBA's youth developmental basketball programs worldwide, allowing players to access elite-level analytics and real-time feedback. The app also features NBA-themed challenges, contests, and achievement badges, fostering a global community of basketball enthusiasts.
Key customers and partnerships
In July 2019, HomeCourt entered into a strategic partnership with the NBA, enabling the app's groundbreaking technology to be used for player development and training at all skill levels within the NBA's youth basketball programs globally.
The partnership aims to design innovative experiences that bridge the digital and physical worlds, engaging basketball players worldwide. HomeCourt collaborates with the NBA at marquee league events such as the MGM Resorts NBA Summer League, Jr. NBA Global Championship, Basketball Without Borders, and the NBA Academies.
Among HomeCourt's investors are prominent figures from the basketball world, including Dallas Mavericks owner Mark Cuban, two-time NBA MVP Steve Nash, and current and former NBA and WNBA players like Jeremy Lin, Bradley Beal, Sue Bird, Joe Harris, Al Horford, Mason Plumlee, and Miles Plumlee. Their involvement underscores the app's potential to revolutionize basketball training and talent discovery.

Sterilize with ease: The future of hygiene technology

Hygiene Tech

Trifo is a company that specializes in developing home robots for cleaning and monitoring purposes. Their flagship product is the Trifo Lucy, a robot vacuum cleaner equipped with advanced artificial intelligence (AI) capabilities. Lucy utilizes a 1080p HDR camera and a Time-of-Flight (ToF) depth sensor to create a 3D map of the user's home, enabling accurate navigation and object detection.
The Trifo Lucy boasts impressive suction power, with the pet edition offering up to 4000Pa of suction force, adjustable through a mobile app. It features a 600ml dustbin and a 5200mAh lithium-ion battery, providing up to 120 minutes of runtime. Lucy is designed to clean various surfaces, including hard floors, low-pile carpets, and multi-surface floors.
In addition to its cleaning capabilities, Trifo Lucy serves as a home monitoring system. Its motion detection feature alerts users and records videos when movement is detected, even in low-light conditions thanks to its night vision capabilities. Users can access live video feeds and control the robot through the Trifo Home app, which also allows for scheduling, mapping management, and setting up no-go zones.
Trifo was founded in 2016 with the goal of freeing users from the cycle of cleaning and allowing them to enjoy their lives. The company emphasizes robust testing and a care-free experience for its robots. In September 2022, Trifo released details about the Lucy robot, showcasing its advanced AI system and dual-camera setup for precise navigation and obstacle avoidance.

Targeting complex diseases with complex molecules

Large-molecule Therapeutics

Araris biotech is a Swiss biotechnology company pioneering the development of a proprietary antibody-drug conjugate (ADC)-linker technology. The company's linker platform enables the attachment of any drug payload to 'off-the-shelf' antibodies without the need for prior antibody engineering. The resulting ADCs have demonstrated very high activity at low doses and an improved therapeutic index compared to FDA-approved ADCs in preclinical studies.
Araris biotech's novel approach involves using a linker platform that allows for the stable attachment of toxic agents to unmodified antibodies, reducing the likelihood of the payload detaching prematurely. This technology aims to streamline the creation of ADCs, making them more stable and effective. The company is advancing several ADC candidates, including a dual topoisomerase-1 inhibitor (TOP1i) ADC platform that combines two different TOP1 inhibitors.
One of Araris biotech's lead programs is an ADC targeting HER2-expressing tumors, such as certain breast cancers. In preclinical studies, this candidate has shown superior anti-tumor efficacy compared to existing treatments like trastuzumab deruxtecan (T-DXd), with high stability and favorable exposure to maximize payload delivery. Another candidate targets the NaPi2b protein, often overexpressed in ovarian and lung cancers, combining two TOP1i payloads and demonstrating good biophysical properties and high anti-tumor activity in preclinical models.
In April 2023, Araris biotech acquired ARS Pharmaceutical's Nectin-4 antibody, which the company plans to use in developing a differentiated Nectin-4 ADC using its proprietary linker technology. The acquisition aims to expand Araris biotech's ADC pipeline and advance a candidate into clinical development.

A decentralized version of the web powered by the blockchain

Web3 Ecosystem

Ledger is a hardware/cold wallet developer that provides secure storage and protection for cryptocurrencies. Its wallet features a proprietary operating system called BOLOS and a certified secure chip to ensure the safety of a user's wallet (private key) and assets. These look similar to a USB device and contain a small screen to confirm transactions. Ledger offers three cold wallet models: the Nano S Plus, the Nano X, and the Stax, as well as accessories to protect the wallets and recovery phases.In addition, Ledger offers Ledger Live, a mobile and desktop app that allows users to purchase and manage cryptocurrencies and NFTs, as well as access dApps, and take part in staking. The company also provides a crypto debit card called the CL Card provided in partnership with Baanx that allows users to spend their cryptocurrency. The CL Card is available to UK and European Economic Area (EEA) customers, regardless of whether they own a Ledger wallet. Furthermore, Ledger operates an NFT marketplace that allows artists and brands to release new NFTs.For enterprises, Ledger offers a platform that provides governance and treasury management, as well as DeFi and NFT management features, for the secure storage of digital assets.Key customers and partnershipsThe company has collaborated with various firms in the blockchain and DeFi industry to enhance its offerings. It partnered with <a href="https://sp-edge.com/companies/660101">Bitski </a>to integrate support for its hardware wallets with Bitski’s online wallets. Ledger also partnered with <a href="https://sp-edge.com/companies/749019">Figment </a>to incorporate validation and staking services for popular PoS networks, enabling users to delegate their tokens and earn rewards in exchange. Additionally, it collaborated with <a href="https://sp-edge.com/companies/201116">BitPay </a>to enable cryptocurrency purchases and <a href="https://sp-edge.com/companies/637254">Compound </a>to grant its users access to the latter’s lending and borrowing services.Funding and financialsLedger raised EUR 100 million (USD 108 million) in an <a href="https://sp-edge.com/updates/17415">extended Series C funding round </a>in March 2023, at a valuation of EUR 1.3 billion (USD 1.4 billion; similar to its previous funding round). The round saw participation from existing investors such as 10T, Cité Gestion Private Bank, and Cap Horn, as well as new investors such as True Global Ventures, Digital Finance Group, and VaynerFund. It had planned to utilize the fresh capital to expand its network of distributors, as well as increase the production and development of products.As of March 2023, the company claimed to have sold one million devices between June 2022 and February 2023, with lifetime unit sales of six million.

Educational technology plays a pivotal role in driving and enabling the revolution in post-secondary learning

Higher EdTech

Yellowbrick is a company focused on providing educational experiences in creative industries. Founded with the mission to inspire the next generation of talent, Yellowbrick collaborates with leading universities, brands, and industry experts to create learning programs in fields such as fashion, sports, beauty, music, and media. The company offers courses in areas including film, animation, visual effects (VFX), and music, designed to develop essential skills for careers in the entertainment and creative industries. Yellowbrick's educational model combines accessible online programs with real-world insights from top-ranked creative universities and industry professionals. The company utilizes technology to offer personalized learning experiences and professional mentor-led programs such as Animation Mentor. In April 2024, Yellowbrick was named the top EdTech company in North America by TIME and Statista, ranking sixth globally among 250 recognized companies. The evaluation was based on criteria of innovation, impact, and leadership in the education sector.
Key customers and partnerships
Yellowbrick has established partnerships with several prominent institutions and brands to develop its educational content. These include NYU Tisch, Parsons, Billboard, and Rolling Stone. The company collaborates with leading professionals from Hollywood studios and major creative companies to ensure real-world relevance and expert guidance in its courses. Yellowbrick has also worked with global Systems Integrators and partners such as Accenture, KPMG, and PwC on projects to help joint customers comply with standards like IFRS. Yellowbrick reported having tens of thousands of users worldwide, with customers and users in various countries including the US, Pakistan, Macau, the UK, Iceland, India, Thailand, Mexico, mainland China, Korea, and Japan. The company has been expanding its presence in Southeast Asia and the Middle East, working with regional partners like Apptech in Latin America, NI+C in Japan, Zelesia in Korea, HKBN JOS in Macau, and Bairui in China.

Next-gen packaging solutions for enhanced product tracking, inspection solutions and freshness monitoring

Smart Packaging Tech

Based in Israel, Wiliot is a company specializing in ambient IoT solutions for package traceability and analytics. Utilizing innovative IoT Pixel technology, Wiliot enables real-time monitoring and data collection from products, offering insights into their location, condition, and authenticity. Its IoT Pixels, which are small tags powered by harvested radio frequency energy or thin-printed batteries, securely transmit encrypted data to existing Bluetooth devices. This data is then analyzed on Wiliot's cloud-based platform, which employs machine-learning algorithms to provide valuable insights throughout the product lifecycle, from manufacturing to recycling. Wiliot's solutions have vast applications across various industries, including CPG and grocery, apparel and soft goods, post and parcel, and quick-service food restaurants.In <a href="https://sp-edge.com/updates/32717">August 2024</a>, Wiliot launched WiliBot, a GenAI chatbot that interacts with IoT-connected products. It’s part of Wiliot’s ambient data platform, which uses small, self-powered IoT pixels to track items in the supply chain. Key customers and partnershipsIn February 2022, the company partnered with Identiv, a global provider of IoT digital security and identification solutions, to deliver Bluetooth IoT pixels for the mass IoT market and create an ecosystem of digital products in healthcare and smart packaging. In May 2022, the company partnered with Avery Dennison, a provider of innovative packaging material solutions, to design and manufacture second-generation Wiliot tags. In addition, the companies have integrated Wiliot's sensing services with Avery's connected product cloud, enabling the tag's sensing information to be added to a connected product's item-level data.Funding and financialsIn July 2021, the company raised USD 200 million in a Series C funding round led by SoftBank Vision Fund 2 to support further platform development.

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

Headquartered in Caesarea, Israel, Wiliot opeates in the Internet-of-Things (IoT) sector, focusing on bringing connectivity and intelligence to everyday products. The company has developed a platform called the ambient IoT Visibility Platform, which connects the digital and physical worlds through its IoT Pixels. These IoT Pixels are stamp-sized, self-powered compute devices that cost only pennies. They can attach to any product or packaging and transmit real-time item- and case-level information about location, temperature, humidity, and even carbon footprint. The platform allows companies to gain unprecedented visibility into their supply chains, enabling them to improve efficiency, reduce waste, ensure product safety, and optimize operations.Wiliot's IoT Pixels harvest radio frequency energy from surrounding sources like Bluetooth devices and Wi-Fi routers, eliminating the need for batteries. They communicate using Bluetooth Low Energy (BLE) and connect to the internet through existing infrastructure like smartphones, tablets, or bridge devices. The collected data is then processed in Wiliot's Cloud, where advanced algorithms and analytics generate actionable insights.In addition to location and environmental sensing, Wiliot's platform can also detect events like fill levels, dilution, and tampering, making it valuable for industries like pharmaceuticals, food, and retail. The company has successfully deployed its technology for applications such as vaccine vial monitoring, produce freshness tracking, and retail inventory management.In August 2024, the company <a href="https://sp-edge.com/updates/32817">introduced</a> WiliBot, a GenAI chatbot that enables natural language conversations with ambient IoT-connected products in supply chains. The solution allows businesses to interact with their products and supply chains by asking questions about shelf life, product journey, stocking recommendations, safety, and carbon footprint. The company is currently piloting WiliBot with key enterprise customers, with a broader rollout planned for late 2024 and into 2025.Key customers and partnershipsWiliot serves a diverse range of industries including consumer packaged goods (CPG), retail, and healthcare. The company works closely with companies like Avery Dennison and Identiv, along with infrastructure providers and system integrators to deliver end-to-end solutions.Wiliot also collaborates with software companies like iFoodDS and Trustwell to integrate its ambient IoT data into their food safety and compliance platforms, enabling automated traceability and adherence to regulations like the FDA's Food Safety Modernization Act (FSMA) Rule 204.

Foundation Models

H, formerly known as Holistic AI, is an AI startup based in Paris that is working on developing advanced AI models called "frontier action models" aimed at improving worker productivity. The company was founded in 2024 by a team of AI researchers and scientists, including Charles Kantor, the CEO who previously worked at Stanford University, and four co-founders who all previously held key positions at Google’s DeepMind.H's core focus is on developing AI agents, which are automated systems capable of performing tasks traditionally carried out by human workers. The company's approach involves leveraging techniques in areas such as game theory, multi-agent systems, and reinforcement learning to create AI models that can potentially achieve artificial general intelligence (AGI), a concept where AI systems would be capable of handling a wide range of tasks at a level comparable to human intelligence.Funding and financialsIn May 2024, <a href="https://sp-edge.com/updates/29664">H raised USD 220 million </a>in a seed funding round to acquire datasets and compute power to advance AGI.Key competitors: None comparable (No comparable companies in coverage that offers models targeting worker productivity.)

Revolutionizing efficiency by redefining human interactions

Humanoid Robots

Figure is a robotics startup founded with the goal of developing the world's first commercially viable general-purpose humanoid robot called Figure 01. The company is led by CEO Brett Adcock and CTO Jerry Pratt, a renowned roboticist who previously worked at the Florida Institute for Human and Machine Cognition (IHMC).
Figure one is designed to mimic the human form, standing five feet six inches tall, weighing 130 pounds, and capable of lifting up to 44 pounds. It features 41 degrees of freedom, including seven in each arm, six in each leg, and a six degree-of-freedom hand with an opposable thumb. The robot is fully electric, running for five hours on a single charge.
Figure one aims to address labor shortages by assisting human workers in manufacturing, logistics, warehousing, and retail settings. It leverages advanced AI and machine learning capabilities to perform tasks autonomously, enabling it to navigate complex environments, grasp objects, and manipulate tools. In March 2024, Figure demonstrated the robot handling warehouse tasks such as picking up bins and placing them on a conveyor belt.
Key customers and partnerships
In January 2024, Figure announced a commercial agreement with BMW to deploy its robots on the automaker's production lines.
Figure has also entered a collaboration with OpenAI to develop next-generation AI models specifically for humanoid robots. This partnership aims to enhance Figure 01's ability to process and reason from language, accelerating its commercial deployment timeline.

InsurTech: Infrastructure

The company provides technology for automobile insurers that helps collect real-time driving analysis using artificial intelligence (AI), from a tracking device connected to the vehicle. The platform includes features such as accident reporting, proactive monitoring, encouraging good driving, etc. The data from Carvi’s technology helps automobile insurers to efficiently operate a usage-based insurance solution. Carvi’s technology can also be utilized by family monitoring apps, fleet operators, and ridesharing companies to track driving behavior.In March 2020, the company raised USD 16.5 million in Series B funding, led by Tigris Investment and IMM Private Equity.

Generative AI has unlocked endless possibilities for enterprises. But in order to achieve maximum value, companies first need to guarantee that their underlying data is reliable so that any crucial business decisions made using AI are based on complete, definition-aligned, and accurate information. That's why illumex developed a turnkey Generative Semantic Fabric that streamlines the process of data and analytics mapping, interpretation, and governance. illumex’s domain-specific Semantic AI engine brings business users a hallucinations-free ChatGPT-like experience they can fully trust, which makes your organizational LLM prompting smooth, governed, and customized. We believe in a world where generative AI allows organizations to fulfill the ultimate potential of Big Data for decision intelligence. illumex contextualizes your organizational knowledge to help achieve data democratization with trust and efficient ROI.

Natural Cycles offers a contraceptive app, spearheading digital contraception, a new category in female reproductive health. Users measure their basal body temperature in the morning and the app computes the temperature (and other relevant data like levels of luteinizing hormone) through an algorithm to calculate whether they are fertile or not. Natural Cycles’ subscription product relies on an algorithmic method to predict which days women are fertile during their monthly cycle — with an in-app color-coded calendar informing users if they could have unprotected sex on a given day or not. Women using the app are required to measure and input their body temperature daily using a basal thermometer. Natural Cycles relies on this and other individual data inputs to algorithmically calculate the probability of the user being fertile on each day in her cycle.

Holistic AI provides artificial intelligence models within the technology sector and helps in data analysis.

Subtle Medical is a healthcare technology company that provides AI-powered medical imaging. Its products, SubtlePET and SubtleMR, are FDA Cleared and CE Marked AI product that enhances images in PET and MR exams aimed for faster & safer workflow. The company's SubtleGAD technology is also awarded by RSNA and a $1.6M NIH SBIR Grant to facilitate the adoption using AI to make imaging exams safer. They provide a vendor-agnostic AI infrastructure powering its products and providing service and analytics to clinical imaging providers. Subtle Medical's goal is to improve the quality, value, and accessibility of medical imaging by significantly reducing cost, imaging time, and radiation dose.

Nozomi Networks provides an industrial cybersecurity solution for real-time visibility to manage cyber risk and improve resilience for industrial operations. Customers gain advanced cybersecurity, improved operational reliability and IT/OT integration. It supports over a quarter of a million devices in sectors such as critical infrastructure, energy, manufacturing, mining, transportation, and utilities, to tackle escalating cyber risks to operational networks (OT).

Figure is an AI robotics company that builds a multi-purpose humanoid form robot. The company has created a humanoid robot with the purpose of being introduced into the workforce to tackle problems such as labor shortages, and undesirable or unsafe jobs, and to assist in global supply chain operations. Figure 01 combines the agility of the human body with advanced AI technology to surpass the capabilities of robots designed for specific tasks. It provides assistance in various sectors including manufacturing, logistics, warehousing, and retail.

Permanent magnets are essential components in various technologies, including electric vehicles, wind turbines, and many electronic devices. Niron Magnetics focuses on creating high-performance, rare-earth-free magnets. This is significant because traditional rare-earth magnets, which often use materials like neodymium and dysprosium, can face supply chain challenges due to the limited availability of these elements. By developing alternatives to traditional rare-earth magnets, Niron Magnetics aims to address issues related to material scarcity, cost, and environmental concerns. Their innovations could contribute to the sustainability and reliability of technologies that rely on permanent magnets. Niron was founded in 2014 as a spinout of University of Minnesota and is based on technology that has received the support of ARPA-E, the National Science Foundation (NSF), and the Department of Energy Office of Basic Energy Sciences.

INERATEC offers a wide range of solutions, from pilot applications to chemical plants. They make sustainable, CO2-neutral, and cost-effective e-fuels and e-products available to all. They provide reactors suitable for fluctuating renewable energy applications.

Ionomr is pioneering and commercializing the world's most advanced ion-exchange materials. These provide an enabling platform for clean tech solutions after more than five decades of stagnation in available materials. Using our deep knowledge of scalable electrochemical systems, we enable more efficient systems that will lead to the decarbonization of the planet for future generations. To date, electrochemical applications in the clean tech realm use materials that contain toxic fluorinated chemicals (PFCs). PFCs leach into water sources and bioaccumulate for hundreds of years, having a dire impact on human health and the entire ecosystem. We are driven to replace these materials with our environmentally friendly hydrocarbon alternatives that reduce pollution at the source, and are proven to be more durable and efficient than incumbent materials. Ionomr's membranes and polymers are highly processable, which allow for simple integration into electrochemical systems. We enable optimal performance in applications for chemical & water remediation, energy storage and hydrogen. We are passionate about empowering the development of resilient and sustainable systems that will underlie the future of the renewable energy and circular chemical economies.

D-Matrix is a computing platform that targets artificial intelligence inferencing workloads in the datacenter. Its mission is to build and deploy the world’s first brain-inspired AI compute engine for a broad class of inferencing workloads in the multi-billion dollar cloud and infrastructure edge markets.

BKT is the creator of Tomorrow Water Process (TWP) that minimizes the environmental impacts maximizing the benefits from wastewater.

GGWP provides a gaming tool to help reduce toxic and disruptive in the game.

CarbonCure Technologies creates, develops, and licenses solutions that consume waste CO2 to make better concrete. It spurs the market shift towards affordable green concrete, by enabling concrete manufacturers to convert waste CO2 into solid minerals, locked away as a solid within concrete during manufacturing. It is a green building technology company currently serving concrete product manufacturers in the US and Canada. It offers concrete producers the ability to manufacture green concrete products without compromising on either quality or price. CarbonCure is a retrofit innovation that repurposes CO2 gas from large final emitters as a feedstock in concrete plants. The gas is permanently converted into embedded solid mineral carbonates that yield material, environmental, and production advantages. By enabling concrete manufacturers to consume CO2 into concrete products during manufacturing, the technology differentiates an otherwise traditional commodity concrete product, while achieving superior material performance characteristics. In addition to technology, CarbonCure provides demand-pull marketing and environmental reporting/certification services to reinforce its customers’ exclusive competitive positioning. The technology is licensed at a very low-CAPEX to concrete producers, generating a recurring revenue stream. CarbonCure Technologies was founded in 2007 and is headquartered in Halifax, Nova Scotia.

Earable Neuroscience is a deep tech company focusing on building consumer wearables and solutions that unlock human potential through improved sleep and cognitive function. Earable was early-invested in by FoundersFund and Samsung Ventures. After 9 years of R&D at the University of Colorado and the University of Oxford, Earable invented FRENZ Brainband - a pioneering AI-powered sleep-aid wearable designed to track and stimulate brain activity in real time using science-backed personalized audio delivered via bone-conduction speakers.

LC Square is a micro-LED display core component and technology company that manufactures signage, TV, and wearable micro-LED displays.

Araris Biotech AG (Araris) is a biotechnology start-up company. Their aim is to deliver a breakthrough technology platform that enables the development of next-generation ADC-based safe and potent drugs for various diseases and ailments.They are committed to produce high quality ADCs that do not require any engineering (antibody and/or cell-line) for site-specific conjugation instead the antibodies can directly be taken 'off-the-shelf'. The site-specifically modified ADCs can thus be produced rapidly within a few days and quality control and analysis can be performed quickly with high confidence. Their ADC technology is backed by two patents.

Sesame Labs is an internet publishing company that helps apps on Web3 with marketing automation products.

Lumotive's award-winning optical semiconductor solutions enable advanced sensing and perception capabilities in next-generation consumer, mobility, and industrial automation products such as mobile devices, autonomous vehicles, and robots.  The company's patented Light Control Metasurface (LCM™) beam steering chips deliver an unparalleled combination of high performance, exceptional reliability, and low cost — all in a tiny, easily integrated solution. Lumotive has received measurable industry acclaim including Fierce Electronics' 2021 Startup of the Year award, two CES 2022 Innovation Awards, a CES 2024 Innovation Award, a 2022 SPIE PRISM Award, and a prestigious Edison Award. Investors include Gates Frontier, MetaVC Partners, Quan Funds, Samsung Ventures, and Uniquest.

Svante is a leading carbon capture and removal solutions provider specializing in the development and manufacturing of novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture.  The company’s leading-edge solid sorbent-based technology is environmentally responsible, and scalable, and can be applied to heavy industries with hard-to-avoid emissions, including cement, hydrogen, oil & gas, steel, and more.  Svante has developed partnerships across the global CCUS value chain to scale the industry and make it easy for customers to execute source-to-sink carbon capture and removal projects.

Starfire Energy develops and deploys sustainable energy technologies. It has developed a way to make clean liquid fuel from wind and solar power.  The fuel is NH3 which is currently used as fertilizer and as a refrigerant but is also an energy-dense liquid fuel. Liquid fuel synthesis from clean energy is the next critical technology for sustainable energy. The company was founded in 2007 and is headquartered in Aurora, Colorado.

Flickstree creates and aggregates short engaging videos. Publishers (websites and apps) embed Flickstree's video player on their platform, to engage and monetize their traffic, without any investment on part of any Publisher. Videos include entertainment content, performance marketing content and user-generated content. These are all localized in multiple languages. OTT platforms and telecom companies license these videos too. Entertainment videos are monetised through branding campaigns - pre roll and mid roll video ads. Brands use Flickstree's 50Mn+ reach to create Impact at scale and force-multiply their campaign goals. Flickstree's ''Glocal'' publisher network acts as a huge catalyst to achieve brand objectives. Performance marketing videos are monetized through Cost Per Sale (CPS) campaigns - best in industry affiliate commission, achieved on the sale of products across various categories.  Flickstree is backed by Samsung Ventures Investment, SOSV, LionRock Capital, Accretio Investment, Facebook FBStart program and the star cricketer Sourav Ganguly, amongst others.

Yoyi Digital is the leading platform in multi-screen programmatic buying in China. With the vision of focusing on data and technology, Yoyi Digital is leading the transformation in display ads from media buying to audience buying. At present, Yoyi has successfully completed four rounds of financing. The investors include Oak Investment Partner , Gobi Partners, Fidelity Investments, NewQuest Capital Partners, and Guangzhou Daily.           Since its establishment, Yoyi has been always leading the development of programmatic buying industry. With data and technology advantages, Yoyi launched the first DSP in China which based on Real Time Biding(RTB), and also the first to bring the concept of cross-screen programmatic buying in China. In 2014, Yoyi launched Databank, China’s first real-meaning DMP, which helps advertisers on collecting, analyzing, managing, and acting on this first-party data from advertisers’ website and app as well as third-party data assembled by Yoyi and other data providers. Furthermore, Yoyi took the lead in entering the OTT indursty, launched the programmatic TV platform, established Big Data Lab by cooperating with Hisense, a Chinese famous Smart TV manufacturer，realising the data and platform integration, thus to provide more creative OTT solutions to advertisers. Yoyi is also the only DSP platform that cross multi-screens including PC, mobile,video and OTT. Based on Yoyi’s proprietary audience data and advanced advertising technology, Yoyi is able to deliver the right ads to the right audience through right screen at right time, thus greatly enhancing user experience and advertising effectiveness at the same time.          Yoyi Digital provides both branding and performance solutions for over 1000 global and local brands, including Coco Cola, Budweiser, Audi, Toyota, Sumsang, Haier, Shell and Kimberly etc. Yoyi was been selected as the Red Herring 100 Global Winner, one of the technology industry's most respected awards, and also awarded the Most influential advertising company on Ad Stars Festival in Busan. Yoyi Digital was also the first ad tech company in China which been invited to give speech at Cannes Lions in France. With such strong influence，Yoyi Digital is continuously driving the revolution of digital marketing in China. Yoyi Digital is based in Beijing with branches in Shanghai and Guangzhou.

Utility Global develops and designs a generation system to create a paradigm shift in how the world uses, stores, and transforms energy. The company's system is centered around a state-of-the-art oxide-ion cell, which leverages the latest developments in manufacturing, sensing, control, and nanotechnology, enabling users to generate everything from high-efficiency power to low-cost hydrogen in compact and affordable devices.

NeuReality is a semiconductor start-up that designs AI-as-a-service infrastructure. It addresses the challenges posed by the growing deployment of AI in the cloud, edge, and fog systems.

HappyEasyGo is an India based local Online Travel Company. We are providing best air tickets and hotels with the lowest Price. Now you can book various airline tickets such as IndiGo, Jet airways, Go air, Spice Jet, air Asia, Vistara and Air India. We also provide you updated and verified Happy Easy Go instant discount hotels and special offers on flight tickets.

Carbon Clean Solutions is an innovation company specializing in carbon dioxide (CO2) recovery technology for industrial purposes. CCS APBS breakthrough technology significantly reduces the operating costs and environmental impacts, thereby, making CCS technology cost-effective. Carbon Clean Solutions provides proprietary technology to power plants and industrial utilities for removing up to 90% carbon dioxide from the flue gases. Patented carbon capture technology developed by Carbon Clean Solutions, involves capturing carbon dioxide using proprietary regenerable advanced solvent combined with improved energy integration CO2 capture process. Low cost, energy-efficient APBS CO2 capture technology can be embedded in new power plants or retrofitted to existing ones. Carbon Clean Solutions operates multiple research teams and facilities across the globe and is commercializing its innovative energy=efficient CO2 capture with global customers.

Slamcore’s mission is to make commercial-grade spatial intelligence accessible to all The team of world-leading spatial intelligence experts have developed advanced SLAM (simultaneous localization and mapping) software that allows robots and machines to truly understand the space around them. Spun out from Imperial College London, Slamcore has created real-time, commercial grade, location, mapping and perception (SLAM) software for use in industrial robots, autonomous robots, and consumer products. The Slamcore SDK enables fast prototyping and development of commercial products using visual SLAM software for autonomous location, mapping and perception. The software runs in real-time on standard compute/sensors and can be customized for commercial products using cost-effective custom compute/sensors.  Through partnership with OEMs, Slamcore provides the core technology that allows robots to become a meaningful part of everyday life.

Jaguar Gene Therapy is accelerating breakthroughs in gene therapy for patients suffering from severe genetic diseases.

Raven is a producer of green hydrogen and synthetic fuels using organic waste. They transform waste destined for landfills into environmentally friendly, efficient, and profitable clean hydrogen and Fischer-Tropsch synthetic fuels with our patented Steam/CO2 Reformer technology. Raven was in 2018 and is based in Pinedale, Wyoming.

DiaMonTech is developing a medical device for non-invasive measurement of blood sugar values. The patented process uses laser technology to determine and control blood glucose values of diabetes patients without any pain and without drawing blood.

adoc provides medical records, discount medical examination, check AI symptoms and compare hospital expenses services.

TriEye is a Tel-Aviv based fabless semiconductor and photonics company that pioneered the world’s first CMOS-based Short-Wave Infrared (SWIR) sensing technology. Based on advanced academic research, TriEye’s breakthrough technology enables HD SWIR imaging and accurate deterministic 3D sensing in all weather and lighting conditions. TriEye’s proprietary technology delivers reliable image data and actionable information, while reducing expenditure up to 100x the existing industry rates.

QC Ware develops hardware-agnostic enterprise software solutions for quantum computers.  The company's quantum computing software solves problems in combinatorial optimization and machine learning with efficiency unmatched by traditional HPC solutions.

NEX Team is a mobile artificial intelligence company started by a team of second-time entrepreneurs and former Apple, Google, and Facebook engineers and employees. They combine cutting edge mobile, AI, and computer vision technologies with deep community engagement experiences to create utility and joy for athletes and sports communities worldwide. HomeCourt is the first application built with NEX Team’s core technologies. Using only an iPhone camera, HomeCourt can count, track, and chart basketball shots in real-time while providing instant video review and deep statistical analysis. HomeCourt is used by players in 100 countries around the world and has been featured in the Wall Street Journal and in Sports Illustrated. It is free to download on the App Store. The company is headquartered in San Jose, California, with another office in Hong Kong, the company has raised $4 million in seed funding. Investors include Mark Cuban, Steve Nash, Jeremy Lin, Sam Hinkie, Harris Blitzer Sports & Entertainment Ventures, and Mandra Capital.

Wiliot is bringing connectivity and intelligence to everyday products and packaging; things previously disconnect from the Internet of Things. The Wiliot Platform combines cloud services and IoT stickers, computing elements that can power themselves by harvesting radiofrequency energy. This revolutionary mixture of cloud and semiconductor technology is being used by some of the world’s largest brands, food, and pharmaceutical companies to change how we make, distribute, sell, use and recycle products.

Genvid Technologies develops software tools for eSports interactive streaming. It was created by a team of veterans who pioneered innovations in server-side gaming. Genvid's technologies are built for game developers and broadcasting companies looking for tools tailored with games in mind. It is the first developer-grade broadcast technology, integrated with game engines. Founded in 2016, Genvid Technologies is based in New York City.

Trell is a community-based platform for discovering lifestyles through videos in Indian Languages. It enables people to create visual collections of their lifestyle experiences. The community shares new ideas, experiences, and product recommendations with each other in multiple Indian languages and over 7 different lifestyle categories including Fashion, Beauty, Movies & TV Series, Recipes, Travel & Personal Care. 100M + users create around 5M+ visual & textual blogs that get over 10 Billion views on the app every month.

Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects.

Noom is a psychology-based digital health platform powered by data, technology, and human coaches that helps millions of people meet their personal health and wellness goals from weight management to diabetes prevention to stress reduction. The company has been awarded multiple grants from the National Institutes of Health and was the first mobile application to be recognized by the Centers for Disease Control as a certified diabetes prevention program. Headquartered in New York City, Noom has been named one of Inc's Best Places to Work and Fortune’s Best Workplaces in Technology. To learn more about careers with Noom, visit https://www.noom.com/careers/jobs

IRP makes electric vehicles powerful and affordable. By leveraging its breakthrough technology in control algorithms and powertrain design, its systems reach an unprecedented level of efficiency, in full compliance with mass-production practices. TrueDrive, IRP's wide portfolio of innovative products, offers high performance, a unique driving experience and advanced functionality, while being cost-effective. Before focusing on e-mobility, IRP has developed, certified and delivered motion systems for safety-critical aerospace applications.

Lucata leverages patented migrating thread technology to massively scale unified memory and conduct high performance, multi-hop analytics, including exhaustive breadth-first search (BFS), on unpruned and unsharded  databases with 1 trillion vertices and beyond. Organizations can now use their existing graph database software or custom graph solutions to analyze deeper connections on much larger graphs than ever before possible. Lucata solutions support groundbreaking graph analytics and improved machine learning and AI for organizations in financial services, cybersecurity, blockchain, healthcare, pharmaceuticals, telecommunications, ecommerce, government and more. The company has offices in Palo Alto, New York City, and South Bend, Ind. For more information, visit www.Lucata.com. Key technical claims: 1.	Data doesn’t move, processing context moves to the data in a global unified address space. 2.	Latency of both network and memory access are hidden due to the migrating threads and multithreaded Lucata cores. 3.	Energy efficient high density memory architecture. 4.	Drastic reduction in OS intervention. 5.	Architecture doesn't rely on data locality for optimal performance. 6.	Linear performance growth with hardware scale up to 64,000 nodes. 7.	Single shared address space up to 18 Exabytes.

SANDBOX is a digital entertainment company that provides multi-channel network services for digital content.

We believe every family deserves a secure financial future. That’s why we’re building Fabric – a smarter way for new parents to get insured. Life insurance has become too complicated and expensive, and we’re here to change that.

Human API is a real-time health data network that gives consumers a simple way to view and share their health data from everywhere - regardless of how or where that data was collected, processed, or stored. The company provides a single, secure connection to data from 90% of US hospitals, electronic medical records, pharmacies, and labs, along with 300+ wearable devices and wellness apps. Consumers are in full control of what companies they share their health data with, and companies have one easy way to access fragmented health data sources. It was founded in 2013 and is based in San Mateo, California.

BlueSemi is a revolution in connected customer-centric Health Tech. A company on a mission to bring a positive transformation into people’s lives by making holistic wellness an integral part of their life with their one-of-a-kind innovation.  They leverage the fourth wave of technology including Artificial Intelligence and the Internet of Things to bring their vision into reality.  Based out of India, BlueSemi is determined at blending together health, wellness, & cutting-edge technology to create a virtual world where people look up to explore, analyze, and optimize their lifestyle through real-time interactions, and with utmost comfort that makes self-care easy, interesting, and fun. They've built EYVA, the world's first non-invasive gadget to give 6 key vitals including non-invasive (no prick/no blood) Blood Glucose, ECG, Heart Rate, Spo2, HbA1c & Blood Pressure by a touch in just 60 seconds along with a whole new world, Anthea Realm where people can improve their lifestyles.

Dapper Labs, the company behind NBA Top Shot, uses blockchain technology to bring NFTs and new forms of digital engagement to fans around the world. Since it was founded in 2018, Dapper Labs has given consumer enthusiasts a real stake in the game by bringing them closer to the brands they love, building engaged and exciting communities for them to contribute to, and producing new pathways for them to become creators themselves.

SmartX makes 100% software-driven solutions scalable across all x86 and arm appliances. Currently serving FSIs, cloud builders, telcos, hyperscalers / IoT companies through infrastructure that is distributed, highly reliable, and limitlessly scalable.

DigiLens is an innovator in holographic waveguide display technology for extended reality (XR).DigiLens has developed a patented optical platform and photopolymer technology that delivers best-in-class solutions using a unique, low-cost contact-copy manufacturing process. DigiLens enables OEM partners to design and build XR-enabled devices for the global automobile, enterprise, consumer, avionics, and military industries.

Swiggy is an on-demand food delivery platform that brings food from neighborhood restaurants directly to customers' doors. The company's food delivery platform lists local restaurants and menu lists on an app for users to order from and track the delivery of its delivery executives, enabling users to order food with speed and convenience. Its service is used to pick up and drop off a diverse array of items, including laundry and document or parcel deliveries to business clients and retail customers.

SentinelOne provides tools and intelligence to anticipate threats, manage vulnerabilities and protect your cloud, endpoint, and identity resources anywhere in the world. Combined with 24/7/365 threat hunting and managed services, SentinelOne is defining the future of cybersecurity with the Power of AI. The company aims to shape the future of endpoint security with an integrated platform that combines behavioral-based detection, advanced mitigation, and forensics to stop threats in real time. Specializing in attacks that utilize evasion techniques, SentinelOne is a vendor that offers complete protection against malware, exploit, and insider-based attacks. This led Gartner to recognize SentinelOne as a Visionary in their recent Endpoint Protection Magic Quadrant. SentinelOne is also a next-generation endpoint protection company to be independently certified as a true antivirus replacement for Windows, OS X, and Linux, including certification for both HIPAA and PCI. SentinelOne was formed by an elite team of cybersecurity and defense experts from IBM, Intel, Check Point Software Technologies, Cylance, McAfee, and Palo Alto Networks. SentinelOne was named the seventh fastest-growing company in North America in 2019, the fastest-growing in Silicon Valley, and was the only cybersecurity company recognized in the top 10 of the Deloitte Technology Fast 500™. SentinelOne was also the only endpoint protection company on the Forbes AI 50 list, recognizing the 50 most promising companies using AI as a core part of its business model and success.

H2O Hospitality is the largest vacation rental management company in Japan and Korea. H2O manages accommodation facilities without any on-site human resources by automating all the operational flows through the property management system (“PMS”) H2O developed that links and manages calendars between the guests, rooms, and housekeepers. This allows significant decrease in fixed cost of the operational expenses, increasing the yield of the facility.

INFUSER is an atmospheric chemistry and engineering company that develops and delivers tailored-made and standardized advanced pollution control systems for the industry, indoor air quality systems and decontamination devices.  INFUSER targets emissions that come from volatile organic compounds (VOC), sulphur oxides (SOx) and nitrogen oxides (NOx). The objective is to help industries comply with emission standards levels. INFUSER ventilation solutions remove particulate matter (PM 2.5 & PM 10) and gases in the indoor air climate.  INFUSER’s solutions have applications in a number of segments: they can be used in high-emission industries to sustainably and successfully reduce pollution from hydrocarbons. For instance: foundries, agriculture livestock farms, and energy storage facilities.

NNAISENSE was formed in 2014 in order to build large-scale neural network solutions for industrial process inspection, modeling, and control. The Company is an outgrowth of the internationally renowned Swiss AI institute, IDSIA, which, since the early 90s, has been at the forefront of the key scientific breakthroughs in artificial neural networks, deep learning, reinforcement learning, artificial evolution, and general purpose AI. Over the last five years, we have successfully partnered with major players in diverse industries, including steel and glass production, robotics, additive manufacturing, autonomous vehicles, and renewable energy, to deliver custom solutions that add real value through cutting-edge research and real-world know-how.

Imagry, established in 2015, provides unique mapless driving solutions for Level 3-4 autonomous vehicles. The Imagry platform is HW-agnostic, self-sufficient, uses hi-res VIS cameras, fits many self-driving applications, and can be installed on passenger vehicles as well as autonomous buses. Since 2019 Imagry has been operating vehicles equipped with its autonomous driving software on public roads. Its autonomous vehicles are currently operating in the United States, Germany, Japan, and Israel.

Nearfield Instruments creates and markets High-Throughput Scanning Probe Metrology systems that enhance process control in semiconductor manufacturing. The company focuses on enabling atomic-scale resolution for improved production yields and functionality of microchips. Through innovative technology, Nearfield Instruments supports the advancement of smaller and more efficient electronic devices.

M-DAQ Pte Ltd (formerly known as Summit Investment Pte Ltd) was founded by a group of veterans from the FX and Securities Industries with experience averaging 15 years amongst the key members.  M-DAQ is an innovative and unique solution, providing a platform to price and trade any exchange-traded products in more than one currency by blending ‘executable’ FX rates into equities and futures products.  M-DAQ is the IP owner and holds the key relationships with the National Exchanges and the Global FX Banks. M-DAQ handles the entire consultancy work for each Exchange to be enabled on M-DAQ Solution, and provides the Exchange and the FX Consortium Banks with a license to use the M-DAQ solution. In addition, the partner Exchange will receive a revenue share of the net FX margins. The Exchange partners continues to operate the new cross-currency platform under existing in-country regulatory framework.

Living an energetic life after having a good sleep is out very fundamental right. Many people, however, with various reasons, do not achieve this right ; some people suffers taking sleeping pills due to insomnia, while others overdose caffeine just to get a little bit of energy. We want to lend a hand to those people who  suffers in their daily lives. We want people to have a good sleep, to have a fresh morning, and to have a healthy and happy life with our Digital Therapeutics Device & Solution.

Positioned at the nexus of content, platforms, and brands, Collab Asia seeks to lead the digital transformation of media in Asia by improving the way content is created, distributed, and consumed.   As the leading digital media and influencer agency in APAC, our mission is to shape the future of our industry and make the greatest impact possible by producing cutting-edge solutions for content creators, media platforms, and top brands in today’s rapidly developing digital ecosystem.   Our international team of 200+ in-house professionals and our network of 4000+ social media influencers operate across 8 Asia-Pacific offices, including Seoul, Tokyo, Jakarta, Hong Kong, Manila, Singapore, Kuala Lumpur, Shenzhen, and Los Angeles. Combining our local expertise with our global perspective, we're uniquely equipped to produce marketing solutions that are distributed across multiple geographies and platforms to reach a wider audience. We strive to deliver the best possible service, and aim to be the strongest and most innovative digital media company in Asia.

Apartmentary provides apartment mentoring service. It creates a framework that allows the customer to find the most personal life in their apartment. They record their stories in different colors. It finds ways to make every customer's home beautiful.

iBeam Materials is a manufacturer of LED devices. They develop processes for the crystalline alignment of films on a variety of substrates and supply these materials to customers. Their focus is on crystal-aligned coatings with ion-beam assisted deposition texturing. They use ion-beam-assisted deposition texturing to induce alignment in the films.

Adicet Bio is a biotechnology company engaged in the design and development of off-the-shelf allogeneic gamma delta T cell therapies for cancer and other diseases. Adicet is advancing a pipeline of “off-the-shelf” gamma delta T cells, engineered with chimeric antigen receptors and T cell receptor-like antibodies to enhance selective tumor targeting, facilitate innate and adaptive anti-tumor immune response, and improve persistence for durable activity in patients.

RentoMojo is an online furniture rental platform that was incorporated in November 2014.It currently operates in Bangalore, Pune, Mumbai, Hyderabad, Chennai, Delhi, Gurgaon and Noida. RentoMojo was founded by Geetansh Bamania, an ex-IITM, in November 2014 in India. Like many other young working professionals, he was living in rented apartments, working long hours and found it inconvenient to equip the house with furniture when he moved. RentoMojo was developed to provide an alternative to buying and selling furniture in rental properties.

Light Field Lab is a breakthrough technology startup that builds an innovative holographic ecosystem. It re-creates what optical physics calls a real image for off-screen projected objects by generating a massive number of viewing angles that correctly change with the point of view and location just like in the real world. They enable entirely new business opportunities across consumer and enterprise markets. The company was founded in 2017 by Jon Karafin, Brendan Bevensee, and Ed Ibe, with the single mission to enable a holographic future by building upon the founders’ collective expertise of light field technology innovation. Based in San Jose, CA, Light Field Lab is backed by top-tier venture firms including Khosla Ventures.

Indus OS is World's First Regional Operating System to connect 100 million users with internet. Indus, is set to revolutionize the mobile industry by introducing World's first Regional Operating System. Indus OS is built on Android and is designed for first time internet users. The crux of a country’s culture lies in her language and Indus is in unison with this by bringing to people a simplified smartphone experience in their native tongue. Indus’s vision is to build an end-to-end ecosystem that would bridge the digital divide and get the whole country on the information highway, language being the key.

Gnani.ai is a Conversational AI company with products and solutions for omnichannel automation and analytics. Gnani.ai empowers businesses to build customer-centric Conversational AI on multiple channels. Our proprietary Speech Recognition APIs and NLP based solutions power customer support automation for leading companies in BFSI, E-Commerce, and other sectors.

Silvan is a technology company focused on providing automation solutions for homes, offices, and hotels. It pioneered the concept of home automation in the residential building market.

Fitpet's mission to create sustainable and wholesome pet-friendly society with IT over the world.

Pmgrow is a green energy manufacturer of battery swapping-type electric bus with no limitation on charging time and unlimited mileage.

Sense Photonics is an RTP high technology company that enables reliable, modular, and configurable 3D sensing. The company produces advanced LiDAR and 3D sensor solutions for an autonomous vehicles, robotics, and industrial automation markets. Their core technology protected by over 200 patents enables a simple, high-performance, solid-state solution with no moving parts that can uniquely meet the rigorous performance, reliability and cost requirements for automotive and industrial applications. Sense Photonics was founded in 2016 and is based in San Francisco, California, United States.

Oxford Semantic Technologies develop RDFox, the first market-ready high-performance knowledge graph designed from ground up with semantic reasoning in mind.  Oxford Semantic Technologies was founded in 2017 as a spin-out of the University of Oxford with a mission to bring cutting-edge research in semantic web technologies to industry. The team started working on RDFox in 2011 at the Computer Science Department of the University of Oxford with the conviction that flexible and high-performance reasoning was a possibility for data extensive applications without jeopardising the correctness of the results.  Patented modern computing techniques underpin RDFox’s ability to deliver responses to complex queries on the fly. This has unlocked a new wave of enterprise applications for prestigious partners.

Yellowbrick Data was founded in 2014 by experts in database and flash memory technologies to simplify data warehousing. They wanted to solve the challenges of high availability, running complex mixed workloads, support for ad-hoc SQL, computing correct answers on any schema, massive scalability and supporting large numbers of concurrent users. Yellowbrick Data empowers companies to make faster decisions with all of their data. Built for enterprises and the hybrid cloud, the Yellowbrick Data Warehouse deploys powerful analytics anywhere, with best-in-class economics.

Yellowbrick empowers the next generation of talent to discover, pursue, upskill, and advance their career within the creative arts, media and entertainment fields.  In partnership with industry leaders in the creative arts, media, entertainment, and education — we develop experiences that help the next generation of leaders achieve their career objectives.

DEEPOPTICS is on a mission to disrupt the eyeglasses industry with a new optics technology that power glasses that adapt to different people and different conditions. Our proprietary technology uses pixelated liquid crystal lenses to dynamically adjust the focal distance of glasses to any distance. Eyewear technology must perform seamlessly and be fashion forward. Our team is composed of optical designers, product designers and fashionistas. Our pixelated liquid crystal technology has many applications including vision detection and correction. Our initial products are focused on the presbyopia market currently solved with progressive glasses or by using multiple pairs of glasses. DEEPOPTICS is also the maker of the 32°N sunglasses – the first and only adaptive focus sunglasses.

Pillo Health provides HIPAA compliant tools for caregivers and health organizations to deliver better care to loved ones and patients living at home. The company's care delivery platform is centered on an intelligent healthcare assistant called Pillo. In addition to managing medications, Pillo can provide patients at home with health and wellness information, can proactively deliver digital care plans into the home, and can connect the home to care teams via smart notifications and video calling.  The company also offers an SDK for partner organizations to create their own unique skills for Pillo by leveraging the company's proprietary in home voice first device.

EMVcon is an electric vehicle conversion company that offers plug-and-play electric vehicle conversion kits. The EMVcon bolt-on installation kit transforms a vehicle into an electric vehicle without custom fabrication. The plug-and-play feature allows the installer to execute electric vehicle conversion without an in-depth understanding of the complex electric powertrain. The kits come with mounting brackets, reducing the need for custom fabrication. The company also sells a general-purpose electric vehicle conversion kit without vehicle-specific mounting brackets that are still plug-and-play. The installer only needs to perform minor fabrication work to make mounting brackets for donor vehicles. The EMVcon kit comes with all necessary wiring for the electric conversion. The company has a team of engineers from Korea Advanced Institute of Science and Technology,  Seoul National University,  Seoul National University of Science and Technology, and Offroad Extreme Korea. EMVcon was founded on 2016 and is headquartered in South Korea.

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