Leblon Capital

REV is a global venture capital partnership. They are backed by one of the world's largest content, technology and analytics companies, RELX Group. Their mission is to help build companies that can transform their markets through the application of data, technology and analytics. Since 2000 they have invested over $200m in Big Data, Digital Health, Internet and Enterprise Technology companies. They have been early investors in disruptive category leaders like Palantir, Healthline, Babbel and Netli. Their portfolio of companies is part of a large, extended family of businesses that also includes the entire Reed Elsevier Group. Collaboration is actively encouraged and supported. Their focus is high growth, internet, media & technology businesses based in the US, Europe or Israel. Their typical sectors include: new media, mobile, big data & analytics, healthcare information & software and groundbreaking analytic technologies. They will invest at any stage of a company's development, from early/seed stage to growth capital and whatever their initial capital investment, they remain committed to helping the company achieve market leadership. They are a global investor active in all the major western venture capital hubs - San Francisco, New York, Boston, Los Angeles, Seattle, London, Berlin and Tel Aviv. Their largest portfolio cluster is in California.

Oakhouse Partners invests in companies that use breakthrough technologies to radically improve millions of lives. We believe mission-driven companies who better humanity on a global scale produce the best VC returns. Oakhouse Partners is no longer actively investing.

Oakhouse Partners

Lauder Partners, LLC is an entity investing in various realms of the technology field. Lauder invest both directly in companies as well as in funds - both venture and others. Since it primarily invests the capital of Gary Lauder and family members, we don't provide much information to the public.

Lauder Partners

Glynn Capital Management focuses on investing in leading private and public technology growth companies. Glynn Capital Management seeks to be long-term investors in a limited number of excellent companies with management teams, sustainable business models, and long-term growth potential.

Glynn Capital Management

Ulu Ventures is a leading seed-stage venture fund in Silicon Valley investing in diverse entrepreneurial teams as well as Enterprise IT, EdTech, FinTech, Healthcare, and Sustainability startups.  Ulu is the first Latina-led venture fund in Silicon Valley and is one of the largest in the country with over $200M in assets under management. As well, the firm has designed its investment process to reduce risk and produce better, more consistent returns. Ulu’s process structures intuition and applies it intelligently to investments, avoiding cognitive biases common in VC; systematically identifies key drivers of risk and uncertainty, streamlining due diligence; and calculates a probability-weighted multiple(PWM) on invested capital, ensuring consistent decision-making.

Ulu Ventures

Founders Fund is a venture capital firm that invests at every stage in companies building revolutionary technologies. It has been investors, founders, and early employees of prominent technology companies. It has historically invested in a wide variety of sectors, including aerospace, artificial intelligence, advanced computing, energy, health, and consumer Internet.

Founders Fund

137 Ventures is a San Francisco-based growth-stage venture firm with an innovative investing model. The fund has a flexible mandate with an emphasis on structured transactions with founders, senior executives, early investors and early employees at venture-backed companies with proven business models. With more than $850 million of assets under management, the firm invests in companies across a broad range of areas including: space exploration, digital health, financial technology, enterprise SaaS, and consumer internet.

137 Ventures

Sozo Ventures was formed in 2011 to invest in and support IT ventures with their global expansion. We invest in category leaders in advanced data technologies, ecommerce, enterprise cloud, fintech, IOT and healthcare IT, among other emerging sectors. We are structured to connect the most ambitious entrepreneurial teams with the world's most advanced and respected customers and distributors. We are at our best when we can share our expertise well before expansion strategies are set.

Sozo Ventures

ARTIS Ventures is a financial services firm that finances early-to-late-stage venture investments. The team supports its portfolio companies through their entire life cycle, from initial venture investment to public offering and beyond.

Artis Ventures (AV)

Mithril is a family of long-term venture capital funds agnostic to sector and geography. They provide capital to leading growth companies by partnering with teams who use technology to build transformative and durable businesses.

Mithril Capital Management

Friends & Family Capital is a venture capital firm that backs entrepreneurs that transform big markets.  The firm’s founding partners helped scale Palantir to $20 Billion (CFO from 2011 to 2017) and jointly backed over 20 Unicorn startups.  Friends & Family Capital invests in business models that produce long-term and defensible compounding growth and cash flow.  Core investments include Airtable, Anduril, Facebook, Figure, Flexport, Gusto, Mosaic, Palantir, Robinhood, SpaceX, and Verkada. For more information, please see www.friendsandfamilycapital.com.

Friends & Family Capital

RRE Ventures is a long-term lead investor. They are active strategic, operational, and financial partners with the companies they finance.

RRE Ventures

ABACON CAPITAL is a family-owned investment firm focused on Sustainable Energy Transition, New Age Mobility, Deep Tech, and Real Estate. Over decades, our investment platform has expanded across all stages in public and private markets. We believe in co-elevating people, purpose, and profit for a prosperous society and planet.

ABACON CAPITAL

Xfund is the early-stage venture firm designed to back lateral thinkers. Partnering with Harvard University and others of the world’s preeminent universities, Xfund looks beyond the stereotypical technical pedigrees to seek out extraordinary people who are being systemically ignored by traditional venture capital: technically-gifted liberal arts entrepreneurs. We believe it’s our responsibility to help these unconventional, high potential founders align their ambition and passion with opportunity we help them create, to build the sort of ground-breaking companies that can create a better tomorrow. Xfund has offices in Palo Alto, California, and in Cambridge, Massachusetts. For more about Xfund, please visit http://www.xfund.com.

Xfund

Nimble Ventures is a family office that makes venture capital investments. The firm was founded in 2014 and is based in San Francisco, CA.

Nimble Ventures

Palantir Technologies

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

Quantum Computing

<div>
 
 Rigetti is an end-to-end provider of general-purpose quantum computers. The company&rsquo;s approach to developing computers is based on superconducting qubit technology, similar to Google and IBM. Since 2017, the company has operated a cloud-based quantum platform that allows developers to either create applications or use Rigetti&rsquo;s virtual machine.&nbsp;
 
 
 Rigetti is well-positioned to compete with incumbents as well as startups because of its advancements in hardware, which is currently used by 14 other companies (mostly other quantum software startups). Rigetti introduced the world&rsquo;s first multi-chip quantum processor, in June 2021, that physically connects multiple chips with their own qubits in a single functional processor, which is expected to improve scalability. It also launched its first commercially available 80-qubit quantum system in February 2022, which exceeds the qubit count of any other startup, but is lower than that of IBM.&nbsp;
 
 
 In June 2022, the company expanded its geographical presence with the launch of its 32-qubit, cloud-based 
 <a href="https://sp-edge.com/updates/11308">
 Aspen system in the UK
 </a>
 market. It also strengthened its position in the software segment via the acquisition of QxBranch (a Washington-based quantum computing software company) in 2019. In December 2023, the company launched its first 
 <a href="https://sp-edge.com/updates/24731">
 Quantum Processing Unit (QPU)
 </a>
 , Novera, which is based on its fourth-gen Ankaa-class architecture. The price of the QPU starts from USD 900,000.
 
 
 Key customers and partnerships
 
 
 In July 2021, the company partnered with Astex Pharmaceuticals to apply quantum technology to drug discovery. This partnership was a stepping stone for Rigetti to commercially apply quantum computing to the pharmaceutical industry. Additionally, as part of an InnovateUK grant, the company partnered with 
 <a href="https://sp-edge.com/updates/11334">
 Riverlane
 </a>
 in June 2022 to explore and develop error correction solutions. In October 2023, the company was awarded with a Defense Advanced Research Projects Agency 
 <a href="https://sp-edge.com/updates/22419">
 (DARPA) 
 </a>
 contract as part of the Imagining Practical Applications for a Quantum Tomorrow (IMPAQT) program to advance quantum algorithms for solving combinatorial optimization problems. In January 2024, the company collaborated with 
 <a href="https://sp-edge.com/updates/25242">
 Moody&rsquo;s Analytics
 </a>
 to enhance machine-learning methods for the financial sector using quantum computing abilities. In February 2024, Rigetti Computing and Riverlane joined a project led by the 
 <a href="https://sp-edge.com/updates/27062">
 Oak Ridge National Laboratory (ORNL)
 </a>
 , a part of the US Department of Energy (DOE), to explore the possibility of integrating a quantum computer and high-performance computing (HPC) systems.
 
 
 Funding and financials
 
 
 Rigetti 
 <a href="https://sp-edge.com/updates/8880">
 went public
 </a>
 on Nasdaq under the ticker &ldquo;RGTI,&rdquo; in March 2022 via a special purpose acquisition company (SPAC) merger. The IPO raised USD 261.8 million and made Rigetti the second publicly traded pure-play quantum computing company, following IonQ. 
 
</div>

More important now than ever, telehealth will long outlast the pandemic that drove its growth.

Telehealth

<div>
 
 Babylon provides online access to healthcare for many acute, chronic, and psychological conditions, including personalized health assessments, activity tracking, treatment advice, and 24/7 virtual consultations with a healthcare provider. It leverages AI in assisting practitioners to diagnose the conditions and has developed many AI-based health services, including a chatbot for the National Health Service in the UK to diagnose illnesses. As of September 2021, Babylon had served over 24 million patients across its markets. The company launched new contracts in H2 2021 adding 135,000 members in line with its plans to manage more than 350,000 lives globally by the start of 2022. Annual membership costs GBP 149 (USD 199), but it also offers the opportunity to schedule one-off appointments. A one-off general and specialist consultation is priced at GBP 49 (USD 65) per visit.
 
 
 <a href="https://sp-edge.com/updates/18432">
 In May 2023
 </a>
 , the company announced that entered an amendment and restatement of its loan facility with AlbaCore Capital LLP and certain affiliates, securing up to an additional USD 34.5 million with similar terms to the original agreement. The facility was secured to support Babylon&rsquo;s operations and help it take the company private in order to strengthen its operations. The company&rsquo;s board has approved both the facility and the plan to take the company private.
 
 
 In 
 <a href="https://sp-edge.com/updates/21451">
 August 2023
 </a>
 , the company filed for bankruptcy 
 and sold parts of its business after facing financial turmoil. Earlier in August, Babylon had filed for Chapter 7 bankruptcy in the US and put its UK subsidiary into administration. The UK subsidiary, Babylon Health Services, which covered the majority of remaining operations, was sold to eMed Healthcare UK, a subsidiary of US Telehealth provider eMed.&nbsp;Babylon's GP at Hand app, which allows users to select it as their primary health practice, was not part of the sale and remained operational.
 
 
 Key customers and partnerships
 
 
 Babylon has partnerships with Tencent (to tap into the Chinese market), and also offers services in the US, Rwanda, and multiple countries in Asia and the Middle East. Babylon 
 <a href="https://sp-edge.com/updates/2439">
 sold its Canadian operations
 </a>
 to former partner Telus Health in 2021, signing a multi-year licensing deal estimated at around USD 70 million with Telus for the use of Babylon&rsquo;s technology after the sale. The company has announced two acquisitions so far in 2022 comprising 
 <a href="https://sp-edge.com/updates/7584">
 Higi SH Holdings
 </a>
 , a health-checking kiosk developer, and a patient engagement platform 
 <a href="https://sp-edge.com/updates/7976">
 DayToDay Health
 </a>
 . Higi's acquisition will allow Babylon to expand its market reach and coverage of its digital care offerings across. It also plans to offer DayToDay Health's engagement programs and clinical services to its members as they prepare for and recover from medical interventions and major health events.
 
 
 In November 2022, the company 
 <a href="https://sp-edge.com/updates/14660">
 partnered with Fitbit
 </a>
 to provide eligible members with connected devices for care coordination and health management services.
 
 
 
 
 Funding and financials
 
 
 In May 2023, the company announced that it had entered an amendment and restatement of its loan facility with AlbaCore Capital LLP and certain affiliates, securing up to an additional USD 34.5 million with similar terms to the original agreement. The facility was secured to support Babylon&rsquo;s operations and help it take the company private in order to strengthen its operations. The company&rsquo;s board approved both the facility and the plan to take the company private, and as a result, withdrew its expectations for its FY2023 performance.
 
 
 
 
 
</div>

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

Alternative Energy

<div>
 
 Switzerland-based Energy Vault specializes in gravity and kinetic energy-based long-duration energy storage technology to manage the intermittent supply of renewable energy sources such as wind and solar. Energy Vault has also launched Energy Vault Solutions (EVS) which uses artificial intelligence (AI) to optimize energy storage assets for dispatch.&nbsp;
 
 
 Energy Vault&rsquo;s technology was inspired by pumped hydro plants that rely on gravity and the movement of water to generate power. Energy Vault&rsquo;s solution utilizes the same fundamentals of gravity and kinetic energy as a pumped hydro system but replaces the water with custom-made composite blocks that weigh around 35 tons. These blocks are lifted to a higher elevation using electricity generated from solar and wind during times of abundant supply. Later, when the supply of renewable energy is low, these elevated blocks are returned to the ground and the kinetic energy generated from the falling brick is turned back into electricity. Energy Vault&rsquo;s technology allows a storage capacity of 22-80 megawatt-hours (MWh) and 4-8 MWh of continuous power discharge for 18 to 16 hours.&nbsp;
 
 
 Key customers and partnerships
 
 
 In October 2021, Energy Vault commercialized its technology with DG Fuels, a pioneer in sustainable aviation fuel (SAF) and diesel fuel. Energy Vault will supply 1.6 gigawatt-hours (GWh) of energy storage to support DG Fuels&rsquo; sustainable aviation fuel projects in Louisiana, British Columbia and Ohio. The company also operates a commercial demonstration unit (CDU) in Switzerland connected to the Swiss national utility grid.&nbsp;
 
 
 In April 2022, the company signed a 
 <a href="https://sp-edge.com/updates/10012">
 memorandum of understanding (MoU)
 </a>
 with Indian power generation utility National Thermal Power Corporation (NTPC) to deploy energy storage technology in India. Energy Vault has also entered into partnerships with 
 <a href="https://sp-edge.com/updates/7370">
 BHP
 
 </a>
 and 
 <a href="https://sp-edge.com/updates/7554">
 Korea Zinc
 
 </a>
 to expand in Australia. In August 2022, Energy Vault signed two contracts with 
 <a href="https://sp-edge.com/updates/12401">
 Jupiter Power
 </a>
 to support development of two battery energy storage projects for Juniper. In 
 <a href="https://sp-edge.com/updates/21169">
 August 2023
 </a>
 , the company signed a master supply agreement with KORE Power, where the latter will begin supplying batteries from 2025. Energy Vault intended to use this supply of batteries to meet the commitments it has made with clients to provide storage capacity in the US.
 
 
 In 
 <a href="https://sp-edge.com/updates/25989">
 January 2024
 </a>
 , Energy Vault signed a licensing and royalty agreement with Gravity Energy Storage Solutions, to deploy its gravity energy storage systems and VaultOS energy management system in Southern Africa. In 
 <a href="https://sp-edge.com/updates/28881">
 April 2024
 </a>
 , Energy Vault partnered with NV Energy to begin commercial operations of the 220 MW Reid Gardner Battery Energy Storage System (BESS) in Moapa, Nevada.
 
 
 Funding and financials
 
 
 In February 2022, Energy Vault was 
 <a href="https://sp-edge.com/updates/8455">
 listed on NYSE
 </a>
 , through a merger with a special purpose acquisition company (SPAC). The company received USD 235 million from the transaction. During the same month, the company received an investment of 
 <a href="https://sp-edge.com/updates/8238">
 USD 100 million
 </a>
 from Atlas Renewable. In January 2022 the company received a 
 <a href="https://sp-edge.com/updates/7554">
 strategic investment of USD 50 million
 </a>
 from Korea Zinc, a South Korean metal smelting company.&nbsp; The proceeds will be utilized to deploy an energy storage system at Sun Metals, Korea Zinc&rsquo;s zinc refinery in Queensland by mid-2022.&nbsp;
 
</div>

Reinforcing recycling, rerouting refuse, and reducing wasteflows

Waste Recovery & Management Tech

Rubicon connects local waste haulers and recycling businesses with customers via its cloud-based mobile and web application and provides recycling management services. The company’s mobile application allows on-demand pickup of trash. Moreover, its cloud-based software analyzes customers’ waste stream and uses the data it has collected on haulers (via its fleet management service and uber-type service) and clients, to provide possible recycling solutions. The company trades on the NYSE since August 2022.Rubicon’s services and solutions are primarily subscription based, and it expects subscriptions to comprise more than 50% of its revenue through 2025. As of September 2023, more than 100 cities across the US have deployed Rubicon’s technology to improve core municipal operations.Key customers and partnershipsThe company also partnered with Mars, a multinational confectionery manufacturer, <a href="https://sp-edge.com/updates/13579">in October 2022 </a>to launch special recyclable trick-or-treating bags for celebrators of Halloween. Further, in <a href="https://sp-edge.com/updates/16622">February 2023</a>, the company signed a three-year extension agreement with Wood Residential, a full-service property management company, to provide waste and recycling services to help Wood Residential meet its sustainability targets. In June 2023, Rubicon entered a three-year agreement with <a href="https://sp-edge.com/updates/19648">Artisent Floors</a> to provide scalable waste and recycling solutions across 15 Artisent locations. In May 2023, Rubicon signed a three-year agreement with <a href="https://sp-edge.com/updates/18869">GoldOller Real Estate Investments</a> to provide waste and single-stream recycling services to GoldOller across 17 multi-family locations in the US.Funding and FinancialsIn <a href="https://sp-edge.com/updates/19250">June 2023</a>, Rubicon secured a USD 75 million term loan and a revolving credit line of up to USD 90 million through Avenue Sustainable Solutions and MidCap Financial, respectively.Rubicon generated USD 697.6 million revenue in 2023, up 3.3% YoY, and an adjusted EBITDA loss of USD 33 million in 2023, an improvement of&nbsp; 55.6% YoY.

Information to create a more efficient, cleaner and safer way to travel in the city of the future

Smart Mobility Information

<div>
 
 Wejo is a mobility data provider that uses a network of ~12 million autonomous, connected, and electric vehicles to provide insights for city municipalities, transport operators, and businesses. The data obtained through partnerships with automotive manufacturers are gathered by the firm&rsquo;s proprietary edge data exchange platform ADEPT, which can be leveraged to provide insights on vehicle journey analytics, real-time vehicle monitoring, and vehicle incident reporting. In September 2021, the firm launched Wejo Studio, a cloud-based visual analytics platform that provides insights on historic traffic patterns, intersection performance, and journey analytics. In April 2022, the firm launched a real-time traffic intelligence solution that provides a road-level view of traffic conditions, covering 1.5 million miles of roads in the US. It monitors vehicles in real time and identifies road closures, as well as unexpected vehicle slowdowns.
 
 
 Wejo&rsquo;s competitive edge is the vast amount of data it gathers in real time, which it claims covers 95% of US roads and is accurate within three meters of a typical car. As of May 2021, the firm also possessed one patent and had a further 24 patents pending. Leveraging this data, in June 2022, the firm launched a number of new services including 
 <a href="https://sp-edge.com/updates/11329">
 Wejo labs
 </a>
 , a self-serve, cloud-based platform to run traffic and mobility studies, as well as a data service to enable users to request 
 <a href="https://sp-edge.com/updates/11113">
 specific data and insights from historic traffic patterns
 </a>
 from any specific location in the US, along with &quot;
 <a href="https://sp-edge.com/updates/11150">
 Wejo Autonomous Vehicle Operating System
 </a>
 ,&quot; a smart platform to speed up Autonomous vehicle (AV) development. More recently, in September 2022, the company 
 <a href="https://sp-edge.com/updates/13244">
 launched two new solutions: Road Health and Winter Road Insights
 </a>
 to improve road safety measures across the US and Europe. In March 2023, 
 <a href="https://sp-edge.com/updates/17117">
 expanded its &ldquo;Road Health&rdquo;
 </a>
 solution, to selected European markets to provide insights on road conditions and improve road safety. &nbsp;
 
 
 Key customers and partnerships
 
 
 In January 2022, it collaborated with Microsoft to introduce its patent-pending Neural Edge processing platform, which allows users to control the flow of data from connected vehicles through edge processing in the car itself. The firm claimed that this reduced the data flow to 20% of its maximum without affecting the quality of the data. In June 2022, Wejo, expanded its existing 
 <a href="https://sp-edge.com/updates/11026">
 collaboration with Microsoft
 </a>
 , to enhance the capabilities of Microsoft&rsquo;s mapping products. Additionally, Wejo adopted the 
 <a href="https://sp-edge.com/updates/15597">
 Microsoft Connected Fleets reference architecture
 </a>
 in January 2023 to improve its fleet management capabilities.
 
 
 Wejo also formed partnerships with several automakers to access personalized connected vehicle data from their fleets across Europe and the US. In June 2022, Wejo 
 <a href="https://sp-edge.com/updates/11350">
 partnered with Ford Motor Europe
 </a>
 to access data from Ford vehicles across Europe, and this partnership was later extended to include the US 
 <a href="https://sp-edge.com/updates/14941">
 in November 2022.
 </a>
 Subsequently, Wejo partnered with Toyota in 
 <a href="https://sp-edge.com/updates/16585">
 January 2023
 </a>
 to access connected vehicle data from participating Toyota fleet vehicles in the US, and in 
 <a href="https://sp-edge.com/updates/16574">
 February 2023,
 </a>
 it partnered with Renault to access data from Renault Group's cloud platform. Additionally, in August 2022, the firm teamed up with Roadside Telematics Corp to launch 
 <a href="https://sp-edge.com/updates/12023">
 &ldquo;Wejo RTTI&rdquo;,
 </a>
 a real-time traffic intelligence tool designed to provide first responders and curbside emergency assistance providers with access to traffic data. 
 
 
 In addition to firms, Wejo has also entered into collaborations with institutions including the 
 <a href="https://sp-edge.com/updates/12022">
 Japan-based smart mobility society MONET Consortium
 </a>
 which it joined in July 2022 to gain access to other industry leaders and peers to expand its product capabilities in the smart mobility space. In September 2022, it was 
 <a href="https://sp-edge.com/updates/12826">
 selected as a data vendor
 </a>
 by The Eastern Transportation Coalition (TETC) to join its Traffic Data Marketplace (TDM) to provide its smart mobility insights and connected vehicle data to departments of transportation (DoTs) and other public agencies, providing it with additional revenue opportunities for the next 4 years. In March 2023, the firm partnered with the University Consortium for Geographic Information Science (UCGIS) to advance geographic information science research, education, and advocacy internationally.
 
 
 Funding and financials
 
 
 In July 2022, the company secured 
 <a href="https://sp-edge.com/updates/11992">
 USD 15.9 million additional PIPE (private investment in public equity)
 </a>
 investment led by Sompo Light Vortex. It expected the additional liquidity raised via PIPE and Wejo&rsquo;s cost reduction measures to ease its existing debt and equity facilities and extend its cash runway till the end of FY2023.&nbsp;
 
 
 The company merged with special purpose acquisition company (SPAC) Virtuoso Acquisition Corp, which took the company public in November 2021 (generating proceeds of USD 226 million and valuing the combined entity at USD 1.1 billion). It also announced plans to merge with SPAC TKB Critical Technologies 1 in 
 <a href="https://sp-edge.com/updates/15694?industryIds=66">
 January 2023
 </a>
 to raise additional funds, but the deal was terminated&nbsp;
 <a href="https://sp-edge.com/updates/19714">
 in June 2023.
 </a>
 
 
 In
 <a href="https://sp-edge.com/updates/17500?industryIds=66">
 2022,
 </a>
 the firm recorded an annual recurring revenue (ARR) of USD 8.4 million (a 87% YoY growth) and an adjusted EBITDA loss of USD 97.2 million. For FY2023 guidance; net revenue is expected to range from USD 20 million&ndash;30 million, and adjusted EBITDA loss to range from USD 45 million&ndash;55 million.
 
</div>

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

<div>
 
 British startup Wejo captures and analyzes data of autonomous, electric, and connected vehicles for customers worldwide. The company partners with vehicle manufacturers to provide services such as business insights, connectivity solutions, consultancy services, data marketplaces, data services, end-to-end insurance, and roadside assistance on a software-as-a-service (SaaS) basis. Its products include 1) &ldquo;Journey Intelligence,&rdquo; which aggregates unique journey data and provide insights, 2) &ldquo;Traffic Intelligence,&rdquo; which prepares traffic statistics reports using vehicle data, 3) &ldquo;Vehicle Movements,&rdquo; which provides vehicle location and journey information in real time or over time, 4) &ldquo;Driving Events,&rdquo; which provides insights to driver behavior; 5) 
 <a href="https://sp-edge.com/updates/13244">
 &ldquo;Winter Road Insights,&rdquo;
 </a>
 which provides insights to winter road conditions; and 6) 
 <a href="https://sp-edge.com/updates/17116">
 &ldquo;Road Health,&rdquo;
 </a>
 which facilitates data-driven proactive road maintenance. Wejo&rsquo;s solutions use proprietary data sets that can source data directly from OEM-integrated sensors. As of February 2024, the company had sourced data from more than 13.8 million live vehicles on the platform, curated 752.9 billion miles, and ingested 19.5 trillion data points a day.&nbsp;
 
 
 
 
 In 2022, the firm launched a number of new services including 
 <a href="https://sp-edge.com/updates/12374">
 Wejo labs
 </a>
 , a self-serve, cloud-based platform to run traffic and mobility studies as well as a data service to enable users to request 
 <a href="https://sp-edge.com/updates/11113">
 specific data and insights from historic traffic patterns 
 </a>
 from any specific location in the US, &lsquo; 
 <a href="https://sp-edge.com/updates/12384">
 Wejo Autonomous Vehicle Operating System (AV-OS)&rsquo;,
 </a>
 a smart platform to speed up Autonomous vehicle (AV) development, and 
 <a href="https://sp-edge.com/updates/13335">
 &ldquo;DELIVEREE,&rdquo;
 </a>
 an autonomous vehicle prototype used to develop AV-OS. As of March 2023, Wejo had 57 pending and 3 granted patents.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 The company had partnerships with 29 automotive OEMs and Tier-1 suppliers as of December 2022. The company also has had product development partnerships with 
 <a href="https://sp-edge.com/updates/12386">
 Microsoft,
 </a>
 Palantir (a software company), and Sompo Holdings (an insurance company) since June 2021 and with diagnostics and automotive data provider Hella Gutmann Solutions since November 2021. It also has partnerships with Ford Motor in 
 <a href="https://sp-edge.com/updates/11350">
 Europe
 </a>
 and 
 <a href="https://sp-edge.com/updates/14942">
 the US
 </a>
 (2022), Mercedes-Benz (December 2021; extended in 
 <a href="https://sp-edge.com/updates/16740">
 February 2023),
 </a>
 Capitol Broadcasting Company of North Carolina 
 <a href="https://sp-edge.com/updates/15456">
 (December 2022),
 </a>
 Toyota 
 <a href="https://sp-edge.com/updates/15665">
 (January 2023),
 </a>
 and Renault 
 <a href="https://sp-edge.com/updates/16574">
 (extended in February 2023)
 </a>
 mainly to access connected vehicle data.
 
 
 
 
 Wejo also joined The Eastern Transportation Coalition (TETC)&rsquo;s Traffic Data Marketplace (TDM) 
 <a href="https://sp-edge.com/updates/12827">
 in September 2022,
 </a>
 to provide smart mobility insights and connected vehicle data to departments of transportation (DoTs) and other public agencies.
 
 
 
 
 Funding and financials
 
 
 <a href="https://sp-edge.com/updates/17501">
 During the year ended December 2022,
 </a>
 Wejo reported revenue of USD 8.4 million, and an operating loss of USD 119.9 million.&nbsp;
 
 
 The company merged with special purpose acquisition company (SPAC) Virtuoso Acquisition Corp, which took the company public in November 2021 (generating proceeds of USD 226 million and valuing the combined entity at USD 800 million). It also announced plans to merge with SPAC TKB Critical Technologies 1 
 <a href="https://sp-edge.com/updates/15603">
 in January 2023
 </a>
 to raise additional funds, but the deal was terminated 
 <a href="https://sp-edge.com/updates/19713">
 in June 2023.
 </a>
 
 
 
 
 <a href="https://sp-edge.com/updates/12379">
 In July 2022
 </a>
 , Wejo also secured a USD 15.9 million additional PIPE (private investment in public equity) investment led by Sompo Light Vortex. The company intended to use the funds to ease its existing debt and equity facilities and extend its cash runway under current market conditions till the end of FY2023.
 
 
 
 However, 
 <a href="https://sp-edge.com/updates/18947">
 in May 2023,
 </a>
 the company announced its intention to enter administration in the UK Court. The company is also considering filing insolvency proceedings for Wejo and its subsidiaries in jurisdictions including the US.
 
</div>

Optimizing the future of energy with software solutions

Energy Optimization & Management Software

<div>
 
 Energy Vault's technology-agnostic energy management system software and integration platform coordinates all equipment controls to provide a cohesive operational plant view and to facilitate continuous data collection and analysis. This supports real-time remote monitoring and operational control of energy storage solutions and energy generation assets for optimized performance and dispatch.
 
</div>

Rubicon is a digital marketplace for waste and recycling. They provide innovative software-based products for businesses and governments. They focus on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

Rigetti Computing is a full-stack quantum computing company. It designs and manufactures quantum-integrated circuits. It packages and deploys those chips in a low-temperature environment, and they build control systems to perform quantum logic operations on them. The company develops software to integrate its systems directly into existing cloud infrastructure. It has also developed new algorithms for quantum computing, with a focus on near-term applications in computational chemistry and machine learning. Our product, Forest, is the world’s first full-stack programming and execution environment for quantum/classical computing.

Energy Vault SA offers an energy storage technology utilizing fundamental principles of science to deliver a storage solution that's as compassionate to the planet as it is efficient to build and operate. The Energy Vault solution utilizes the same fundamentals of physics and kinetic energy as pumped hydro but replaces the water with custom made cylindrical blocks utilizing an extremely innovative use of low-cost materials. The system is modular and can be designed with a capacity of between 10 and 35MWh and a power output of up to 5MW. The system has been designed for a 30+ year life with no degradation in storage capacity.

Fast Radius, Inc. is a leading cloud manufacturing and digital supply chain company. The Cloud Manufacturing Platform™ from Fast Radius is a first-of-its-kind solution that integrates design, production, and fulfillment operations through a common digital infrastructure to make manufacturing easier, more accessible, and more sustainable. Founded in 2017, Fast Radius, Inc. is headquartered in Chicago with offices in Atlanta, Louisville, and Singapore and micro-factories in Chicago and at the UPS Worldport facility in Louisville, KY.

Next Generation Manufacturing is an association for manufacturers. They provide networking opportunities through the annual signature event, a women's leadership event, and c-level roundtables. Their c-level roundtable events offer a way to connect with other manufacturing executives and share practices and ideas.

Tritium offers energy freedom through flexible, scalable technology solutions that enable electric vehicle charging for everyone, everywhere it is needed. It is Veefil electric vehicle charging stations that support the adoption and growth of low-emission e-mobility in over 20 countries around the world.

AdTheorent is a provider of predictive digital advertising technology and solutions for brands and agencies. The Company leverages Big Data and its proprietary machine learning technology, as well as cross-environment mapping to predictively connect advertisers with their optimal audiences, at scale. Barometric®, AdTheorent’s cross-channel attribution SaaS solution, maps disparate user IDs across numerous devices and environments to a single user, allowing brands to accurately track user engagement and path to purchase.

Wejo partners with automotive manufacturers to organize and enhance streams of authentic connected vehicle data, unlocking its value for drivers and public and private sector organizations. Wejo data and insights are licensed to ethical, like-minded businesses – from traffic analysts to parking app developers, smart city planners to governments. It specializes in in-vehicle data and processes billions of data points from thousands of sensors globally. Wejo analyses this data and makes it accessible to create customer and economic value; enable safer driving; make cities more liveable and deliver a better driving experience.

Babylon is a digital-first, value-based care company. Founded in 2013, it aims to make high-quality healthcare accessible and affordable for everyone on Earth. It reengineers the global healthcare market to better align system-wide incentives and to shift the focus from reactive sick care to preventative healthcare, resulting in better member health, improved member experience and reduced costs. To achieve this goal, it leverages its highly scalable, digital-first platform combined with high quality clinical operations and affiliated provider networks to provide an integrated, end-to-end healthcare solution.

Roivant Sciences is a biopharmaceutical company focused on completing the development of promising late-stage drug candidates. Roivant’s mission is to reduce the time and cost of developing new medicines for patients and to share those savings with the healthcare system. Roivant does this by building Vants - nimble, entrepreneurial biotech and healthcare technology companies with a unique approach to sourcing talent, aligning incentives, and deploying the technology. In addition to its biopharmaceutical subsidiaries, Roivant also builds technology-focused Vants focused on improving the process of developing and commercializing medicines.

Sarcos Technology and Robotics Corporation (NASDAQ: STRC) (NASDAQ: STRCW) is a leader in advanced robotic technology designed to increase the intelligence, efficiency, capability and productivity of advanced robotic systems. Sarcos robotic artificial intelligence and machine learning software enables generalizable autonomy to address challenging, dynamic environments for industries that require a high degree of adaptability and efficiency.

Skydweller is a US-Spanish aerospace company developing solar powered aircraft solutions capable of achieving perpetual flight with the highest—and most meaningful—payload capacity. Utilizing technology based upon the longest continuous solar powered flight program in history, our fast-growing startup is developing a new class of unmanned aircraft, providing the persistence of geosynchronous satellites with the powerful sensing capabilities and range of a large, airborne platform.

Palantir Technologies offers a suite of software applications for integrating, visualizing, and analyzing information. Palantir software allows analysts within and between government organizations to collaborate and analyze large quantities of data. The company's software platforms are designed to help organizations, particularly in the fields of government, defense, finance, healthcare, and other industries, make sense of large and complex data sets.

<div>Palantir Technologies offers a suite of software applications for integrating, visualizing, and analyzing information. Palantir software allows analysts within and between government organizations to collaborate and analyze large quantities of data. Palantir Technologies was founded in 2004 and is headquartered in Denver, Colorado.</div>

Empowering the modern soldier with cutting-edge technology

Military Tech

<div>Palantir is a global developer of multiple AI tools that can help streamline and improve operations across several industries. The company has developed four AI tools with different applications, 1) AIP for incorporating AI into operations, 2) Foundry for providing AI-based operating systems, 3) Gotham for global decision-making, and 4) Apollo for continuous delivery. The company additionally provides bootcamps to help its customers better understand and use their selected tool. While all four of the company&rsquo;s tools have potential applications in clinical trials, its AIP tool has specific functions for clinical trial site selection protocols and workflows, enabling trial operators to streamline site selection, planning, and analysis.</div>

Incorporating technology to improve efficiency and success rate of clinical trials

Clinical Trial Technology

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 Palantir Technologies offers a suite of software applications for integrating, visualizing, and analyzing information. Palantir software allows analysts within and between government organizations to collaborate and analyze large quantities of data. Palantir Technologies was founded in 2004 and is headquartered in Denver, Colorado.
 
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 Hermeus is developing Mach 5 aircraft to speed up the global transportation network. Mach 5 flight is not just supersonic, it's hypersonic. At these speeds, a flight from New York to London is 90 minutes, rather than 7 hours. Its aircraft massively reduces flight times and increases safety for the long haul and business class air travel, enabling businesses to operate with minimal changes to current aviation infrastructure. The company was founded in 2018 and headquartered in Atlanta, Georgia.
 
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Hermeus

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 Epirus is a high-growth technology company developing solid-state, software-defined directed energy systems that enable unprecedented counter-electronics effects and power management solutions to optimize power efficiency in defense and commercial applications. With a constant emphasis on innovation, we are redefining the future of power to bring tomorrow&rsquo;s capabilities to life, today. And that&rsquo;s just the beginning. Visit our website to learn more about our innovative approach and cutting-edge product lines.
 
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Epirus

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 Centimani is a US-based startup that maximizes soldier survivability and lethality. Soldiers on battlefields need to carry heavy equipment, including weapons, that affect their endurance level. The startup&rsquo;s lightweight, unpowered exoskeleton arm redistributes weight from arms and shoulders to the trunk while maintaining freedom of movement. Thisallows soldiers to operate heavy machines for longer, with increased precision, and more safety. Moreover, the exoskeleton reduces shot recoil while operating heavy weapons.
 
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Centimani

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 Blue Origin is an aerospace company that focuses on lowering the cost of spaceflight and helping to explore the solar system. Blue Origin&rsquo;s engines are designed, developed and manufactured in the United States. They provide great control with a precisely timed start, high-power thrust for launch, deep throttling for landing, and stop and restart capabilities. Since our first, simple, single-propellant engine &ndash; the BE-1 &ndash; we&rsquo;ve built and tested multiple generations for suborbital and orbital spaceflight.
 
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Blue Origin

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 Rocket Lab is a space company that builds rockets and spacecraft that make it easier to get into orbit and do amazing things there. Rocket Lab provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. 
 
 
 Rocket Lab designs and manufactures the Electron launch vehicle and Photonsatellite platform and is developing the Neutron launch vehicle. Since its first orbital launch in January 2018, Rocket Lab&rsquo;s Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered 105 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. 
 
 
 Rocket Lab has two launch sites, including a private orbital launch site located in New Zealand and a second launch site in Virginia, USA, expected to be operational by the end of 2021. Rocket Lab&rsquo;s Photon spacecraft platform has been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus.
 
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Rocket Lab

Internet of Military Things (IoMT) uses sensors, wearables, and IoT devices in military applications

Use of simulation technologies such as VR/AR for combat training and mission rehearsals

Robotics that can be used for military applications, such as surveying, logistics, reconnaissance, and combat

The use of AI technologies, data analytics, networks of sensors, wearables, and IoT devices in military applications to enhance military capabilities.

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 Palantir is a global developer of multiple AI tools that can help streamline and improve operations across several industries. The company has developed four AI tools with different applications, 1) AIP for incorporating AI into operations, 2) Foundry for providing AI-based operating systems, 3) Gotham for global decision-making, and 4) Apollo for continuous delivery. The company additionally provides bootcamps to help its customers better understand and use their selected tool. While all four of the company&rsquo;s tools have potential applications in clinical trials, its AIP tool has specific functions for clinical trial site selection protocols and workflows, enabling trial operators to streamline site selection, planning, and analysis.
 
 
 The company is listed on the NYSE and trades under the ticker symbol PLTR. 
 
 
 Since its inception, the company has made several acquisitions, including data vizualization startup Silk in August 2016, data analytics provider Fancy in February 2015, social polling provider Poptip in July 2014, and voice email provider Voicegem in February 2013. Most recently, the company acquired AI analytics provider Synapse Technology Corporation in May 2020. The terms of the deal were not disclosed. The company incorporated all of the above acquired entity&rsquo;s platforms and technology into its own to support and diversify its capabilities. 
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 As of April 2024, the company had partnered with several global organizations and bodies including Google Cloud, the NHS, Microsoft, the US Department of Veterans Affairs, the US Army, Accenture, IBM, and the World Food Programme. 
 
 
 In April 2024, Palantir partnered with biopharmaceutical developer Parexel to integrate Palantir&rsquo;s AI systems to boost clinical trial operations. Palantir's AI platforms, Foundry and AIP, were used to streamline manual processes, enhance data discoverability, and extract insights from previous trials. The integration was expected to increase efficiency and reduce data collection time by half while saving experts' time. The partnership was expected to provide sponsors with quicker and more detailed insights into trial performance, reducing the time to bring drugs to the market. 
 
 
 
 
 Funding and financials
 
 
 
 
 The company last raised funds in August 2023, when it raised USD 10.1 million in a Post-IPO equity round, led by Ark Invest. The company did not disclose what it planned to use the funds for.
 
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 Headquartered in Amsterdam, Castor is a cloud-based e-clinical data platform that can be used for a range of tasks and processes during a clinical trial. It offers four solutions: 1) electronic data capture (EDC) to capture and process data from multiple sources including researchers, 2) electronic patient-reported outcomes (ePRO) to collect and manage patient-reported data on a centralized platform, 3) e-consent - to enable patients to be recruited, screened, and enrolled remotely, and 4) a decentralized clinical trials (DCT) platform to assist operators with managing DCT technologies and devices through a central platform. The company&rsquo;s solutions are targeted at industries like biotech and pharma, diagnostics, and clinical research organizations.&nbsp;
 
 
 Castor aimed to collect enough clinical trial research data to enable the reuse of data for AI-driven clinical trials, which would lower the costs of operating clinical trials and reduce the time taken to bring new drugs to market.&nbsp;
 
 
 Key customers and partnerships
 
 
 As of May 2022, the company supported over 8,500 studies and clinical trials across more than 90 countries since launching in 2007. In terms of therapeutic areas, Castor has supported a range of different areas including oncology, cardiovascular diseases, and diabetes. The company has been engaged by over 300 organizations, including the World Health Organization, Click Therapeutics, and Stryker. Castor&rsquo;s solutions are built in line with industry-standard compliance and data protection standards including HIPAA, GDPR, and ISO 27001.
 
 
 It was the first to incorporate machine learning into its system for the identification of Covid-19 patients. The company offered free access to its system for Covid-19 research projects, with over 200 projects using the platform as of June 2022.&nbsp;
 
 
 Funding and financials
 
 
 The company raised USD 45 million in Series B funding in July 2021, led by Eight Roads Ventures and F-Prime Capital. The funds were earmarked for product development, interoperability with partner systems, and market research on decentralized trials. The company had a headcount of 150 at the time of the Series B and was planning to expand to 200 by the end of 2021.
 
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Castor

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 Florence Healthcare offers a platform for clinical trial management. It has four key components: 1) SiteLink to start-up and monitor remote clinical sites, 2) eBinders to digitize and store research binders, 3) eConsent to simplify and digitize the consent process, and 4) Electronic Trial Master File to digitize the storage and transfer of files between sites and research sponsors. The platform is compliant with standard industry requirements including HIPAA, 21 C.F.R Part 11, ICF/GCP, and GDPR.
 
 
 Key customers and partnerships
 
 
 As of May 2022, Florence supported over 10,000 research sites across 45 countries, with key customers including Pfizer. The usage of the company&rsquo;s software tripled in 2020, driven by an industry shift toward digitalization as a result of the Covid-19 pandemic. In February 2022, the company was ranked as the best clinical trial platform out of a group of 190 for ease of setup, ease of use, and customer support.
 
 
 Florence partnered with Greenphire, a company focusing on patient convenience and financial management for clinical trials, in Janauary 2024. Through the partnership, Florence's platform will be integrated with Greenphire's to improve payment systems within clinical trials. Benefits of the partnership included reduced manual work for sites, faster payments, and better visibility of site activity for sponsors and Contract Research Organizations (CROs).
 
 
 
 
 Funding and financials
 
 
 The company raised USD 80 million in Series C funding in May 2021 led by Insight Partners. The proceeds were to be used to scale up its sales and marketing teams and improve the value proposition of the platform by reducing the time required by customers to implement and manage clinical trials.
 
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Florence Healthcare

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 Huma is a UK-based clinical trial tech startup that provides a digital platform to manage clinical trials, including decentralized clinical trials. The platform can be used throughout the clinical trial process, including patient recruitment, screening, electronic consent, clinical outcome assessments, patient-reported outcomes, and telemedicine. The platform is built up to industry standards in data privacy and security, including ISO 27001, 21 C.F.R. Part 11, and TxP.
 
 
 In June 2023, the company 
 <a href="https://sp-edge.com/updates/19352">
 received FDA 510(k) Class II FDA clearance
 </a>
 for its configurable disease-agnostic platform, including its cardiovascular risk score algorithm. The company received this FDA clearance in partnership with Health Canada and it allows Huma's platform to be used to monitor patients of all ages with any condition, including pediatrics and pregnancy. The Class II clearance also enables the platform to host algorithms that provide automated AI-driven data analytics for diagnosis, screening, clinical decision-making, predictions on health outcomes, and recommendations on dosage.
 
 
 Key customers and partnerships
 
 
 Some of the key partners working with Huma include AstraZeneca, Johnson &amp; Johnson, Bayer, Stanford University, and the University of Cambridge. As of May 2022, the platform supported more than 3,000 hospitals and clinics with more than 1.8 million active users on the platform. Huma was awarded the 2022 Prix Galien Award, which is widely considered the &ldquo;Nobel Prize&rdquo; for pharmaceuticals and life sciences.
 
 
 The company announced a partnership with Xyla Elective Care in June 2022, to provide support to the UK&rsquo;s National Health Service in delivering and managing virtual wards.
 
 
 In August 2023, the company partnered with Google Cloud to improve healthcare through the use of generative AI. Through the partnership, the company planned to improve its 
 regulated disease management platform by incorporating Google Cloud's GenAI. The company additionally noted that it was exploring the use of Google Cloud's GenAI tools to support healthcare professionals with better insights to optimise care delivery.
 
 
 Funding and financials
 
 
 Huma raised USD 33 million from AstraZeneca in March 2022 as a strategic investment. Additionally, as part of the agreement, the companies are to launch new products for software-as-a-medical-device (SaMD), including customized software development of SaMD companion apps for customers.
 
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Huma

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 Based in California and founded in 2015, Medable is a digital clinical trial management platform with a range of modules for different processes. These modules include a decentralized clinical trial platform to support decentralized trials using remote tools for data gathering, monitoring, televisits, and consent; digital patient screening to screen patients remotely and at scale; e-consent to enable patients to digitally consent for clinical trials; electronic clinical outcome assessments; and patient-reported outcomes to document data in real time and provide easy access for researchers. It also includes remote patient monitoring to make it easy for patients to record and share data with clinical research teams.
 
 
 Medable operates on a SaaS business model, with customers having the option of selecting and deploying only the modules required as part of their uniquely customized solution.
 
 
 As of September 2022, the company expanded to provide services to over 300 clinical trials based in more than 60 countries and in 26 languages. The company&rsquo;s platform is compliant with industry standards, including HIPAA, FDA&rsquo;s 21 CFR Part 11, and GDPR. 
 
 
 Key customers and partnerships
 
 
 As of May 2022, Medable works with a range of partners, including Cognizant, Accenture, Oracle, and PwC.&nbsp;
 
 
 In February 2022, the company announced a Medable Partner Network, which brought together a range of partners across different types. This included direct-to-patient, service, data, technology, and site partners. The objective of this partnership network is to speed up the innovation process and deployment of the platform at clinical sites, creating value for Medable&rsquo;s customers.
 
 
 In September 2022, the company announced a four year agreement with GlaxoSmithKline to use Medable&rsquo;s platform for clinical trials across multiple products. Financial terms of the agreement were not disclosed.
 
 
 In October 2023, the company partnered with Pluto Health, a healthcare coordination company, to enhance the clinical trial experience for participants and improve data collection during trials. Through the partnership, the companies aimed to connect patients to the right medical resources including access to clinical trials and home delivery of medication. Pluto Health's platform would collect participants&rsquo; health information and create personalized care plans, while Medable would offer features such as patient identification and remote patient monitoring. The partnership also aimed to improve data quality and facilitate long-term follow-up with patients post-trial.
 
 
 Funding and financials
 
 
 Medable raised USD 304 million in November 2021 at a USD 2.1 billion valuation co-led by Blackstone Growth and Tiger Global. The proceeds were to be used for the development of decentralized clinical trial technologies including telemedicine and remote monitoring as well as for the expansion of global operations.
 
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Medable

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 Headquartered in Singapore, Obvio Health provides a full service for clients, supporting them throughout the clinical trial process from the design and recruitment stages to outcome measurement and reporting. In addition to its technological platform, the company provides professional services to execute clinical trials using its in-house clinical operations team. The platform caters to 17 therapeutic areas, including cardiology, oncology, respiratory, men's and women's health, dermatology, gi, hepatology, mental health, oral health, and infectious disease (Covid-19). The platform is compliant with industry standards including 21 CFR Part 11, ICH-GDP, GDPR, and ISO 27001.&nbsp;
 
 
 According to the company, its platform was designed from the ground up to cater to digital trials run by virtual clinical teams, which resulted in faster patient recruitment (three months for Obvio compared to 12 months for physical site trials). In January 2022, the company launched an augmented electronic patient-reported outcome (augmented ePRO) module, which incorporates AI and manual scoring by experts/clinicians. The company claims this improves the accuracy and quality of data collected.
 
 
 Key customers and partnerships
 
 
 As of May 2022, Obvio Health&rsquo;s client base include GlaxoSmithKline, Pfizer, Bayer, Danone, and General Mills. The company has supported 42 clinical trials from launch to May 2022, spread over 28 countries.
 
 
 In March 2022, Obvio partnered with Renovia to conduct the first fully virtual trial in urogynaecology, based on Renovia&rsquo;s Leva device. The device helped patients with performing kegel exercises more effectively, in addition to monitoring compliance over the trial period.
 
 
 In November 2023, Obvio then partnered with Chemist Warehouse, the largest retail pharmacy chain in Australia, to improve the reach and efficiency of clinical trials. 
 Through the partnership, Chemist Warehouse agreed to promote ObvioHealth-managed trials to its customers in Australia, using both offline and online channels. Additionally, ObvioHealth agreed to utilize Chemist Warehouse's Telehealth services for studies that require clinician assessments. The collaboration aimed to increase the awareness and convenience of clinical trials, addressing two major hurdles in participant recruitment. The long-term goal of the partnership was to expedite the introduction of innovative therapies to the market more efficiently and economically.
 
 
 
 
 Funding and financials
 
 
 The company raised USD 31 million of Series B funding in June 2021 led by Dedalus Group and Novotech Health. The investment was primarily strategic, with Obvio benefiting from its Dedalus partnership in terms of European clinical trial compliance, while it became Novotech Health&rsquo;s preferred virtual clinical trial provider.&nbsp;
 
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ObvioHealth

Most CTT platforms are offered on a B2B basis to companies carrying out clinical trials

Startups in this hub use IoT to support report patient monitoring and data gathering

Offers digital platforms that accelerate clinical trials and evaluations

AI/ML algorithms can be used to automate the analysis of patient data

Startups in this hub seek to improve clinical trial diversity by including underrepresented communities

Companies that offer software solutions for identifying and evaluating potential trial sites, along with documentation and workflow management systems to complete the processes before launching, including electronic patient consent and other required regulatory tasks.

Palantir Technologies

Military Tech

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Parexel integrates Palantir's AI systems into clinical trial operations for streamlined insights

Red 6 to integrate with Palantir's mixed reality platform for streamlined military decision-making

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