<div>
  <ul>
    <li>
      <p>
        Value-based healthcare provider Aledade has raised USD 260 million in a Series F funding round led by Lightspeed Venture Partners, with participation from Venrock, Avidity Partners, OMERS Growth Equity, and Fidelity Management &amp; Research Company. This brings the total funds raised to USD 677.9 million.
      </p>
    </li>
    <li>
      <p>
        The funding will be used to accelerate the growth of Aledade's primary care network, strengthen strategic alliances with health plans, and enhance technology and support for partner practices and patients.
      </p>
    </li>
    <li>
      <p>
        As of June 2023, Aledade has formed partnerships with 1,500 independent primary care practices spanning across 45 states and Washington, D.C. In 2022 alone, the company has expanded its network by approximately 450 primary care practices. Aledade has also secured over 150 value-based contracts covering two million individuals.
      </p>
    </li>
    <li>
      <p>
        In terms of financial performance, Aledade's revenue for 2022 exceeded USD 475 million, marking growth of over 50% YoY. Through their collective efforts, Aledade and its primary care partners have contributed to saving the US healthcare system over USD 1.7 billion as of the end of 2022.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://resources.aledade.com/press-releases/aledade-secures-series-f">
      Company press release
    </a>
  </p>
  <p>
    <a href="https://www.finsmes.com/2023/06/aledade-raises-260m-in-series-f-financing.html">
      FinSMEs
    </a>
  </p>
  <p>
    <a href="https://hitconsultant.net/2023/06/21/aledade-series-f-funding/">
      HIT Consultant
    </a>
  </p>
  <p>
    <a href="https://www.fiercehealthcare.com/providers/aledade-clinches-260m-fuel-tech-ma-expand-services-primary-care-practices">
      Fierce Healthcare
    </a>
  </p>
  <p>
  </p>
</div>


Preventive Healthcare

Aledade raises USD 260 million in Series F funding round

Using real-time data to create dynamic virtual representations of the real world

Digital Twin

PROMINENT_CATEGORY

<div>
 
 <p>Singapore-based provider of 3D mapping solutions, VIZZIO Technologies, has joined hands with ASRock Industrial, a developer of Edge computing solutions. Their collaboration aims to develop digital twin and 3D surveillance applications. </p>
 <p>The team plans to construct smart city and industrial 4.0 applications. The approach involves amalgamation of VIZZIO's AI-driven 3D city mapping and real-time 3D scene rendering with ASRock Industrial's Robust Edge AIoT Platform. The partnership intends to offer features like city-scale digital twin creation, live 3D camera technology, Intel-powered performance, Edge-based video analytics, and scalable smart city solutions. They are looking forward to implementing integrated solutions in pilot projects all over Singapore, Middle East, Southeast Asia, and China.</P>
 <p>VIZZIO Technologies holds expertise in creating 3D visualizations and digital twins using AI and satellite imagery. Their core technology allows the conversion of 2D satellite images to geometrically accurate 3D city models, void of aerial photogrammetry. The US Patent and Trademark Office accredited VIZZIO with two patents for its geospatial 3D mapping technology, during August 2024.</p>
 
</div>

VIZZIO Technologies partners with ASRock Industrial for digital twin and 3D surveillance solutions

Technologies bringing about a new reality

Extended Reality

ANALYST_QUICK_TAKE

<div>
 <p>Mawari, an XR cloud streaming platform, has secured USD 10.8 million in a funding round that was spearheaded by Anfield LTD, Borderless Capital, and 1k(x). Other participants in the funding included Samsung Next, Animoca Brands Japan, as well as other institutional investors.</p>
 <p>Mawari plans to use the funding to sustain its technological superiority and to expand its spatial streaming SDK which is compatible with platforms like Unity and Unreal Engine. The company is also looking forward to selling node licenses to decentralize and expand its spatial computing network by Q4 2024.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> The round builds on Mawari’s USD 6.5 million seed financing raised in <a href="https:<br>
//sp-edge.com/updates/16280"> February 2023 </a> . At the time, the company sought to expand its R&amp;D team and speed up the launch of its XR content delivery platform, the Mawari Network.</p>

Mawari raises USD 10.8 million in funding to scale spatial streaming

Reinforcing recycling, rerouting refuse, and reducing wasteflows

Waste Recovery & Management Tech

<div>
 <p>Biotech firm Carbios, known for recycling PET plastics and polyester fibers through enzymatic processes, has entered a partnership with specialty polyester solutions supplier, Selenis. Over a span of two years, the partnership will aim to produce PETG from PET waste.</p>
 <p>By integrating Carbios' enzymatic depolymerization technology and Selenis' polymerization processes, the venture plans on generating PETG for applications in the cosmetic and healthcare packaging sector. The resulting material promises clarity, durability, and chemical resistance, and is designed to meet sustainability demands of consumers and to conform to regulatory requirements.</p>
</div> <p><b>Analyst QuickTake:<br>
</b> Cabios’ packaging partnerships include L’Occitane en Provence and Pinard Beauty Pack to create a shower oil bottle entirely from enzymatically recycled PET (rPET) in <a href="https:<br>
//sp-edge.com/updates/30416"> June 2024 </a> . In the <a href="https:<br>
//sp-edge.com/updates/30498"> same month </a> , Selenis partnered with Circ to produce recycled PET chips from textile waste.</p>

Carbios partners with Selenis to produce biorecycled PETG for cosmetics packaging

Using data and automation to achieve 24/7 production.

Smart Factory

<div>
 <p>LLumin, a provider of Computerized Maintenance Management System (CMMS) software, has partnered with Hexastate, a platform specializing in industrial data analytics. This strategic partnership aims to develop innovative industrial maintenance solutions.</p>
 <p>The partnership allows LLumin to merge its CMMS with Hexastate's AI and IoT-driven asset performance and maintenance management technology. This integration will offer an all-inclusive solution for preventive maintenance and production optimization.</p>
 <p>Users of the solution will gain insight into equipment usage and real-time conditions. They will be able to gauge asset health, energy consumption, and identify operational inefficiencies. Additionally, they will have the ability to automate maintenance tasks and better manage inventory tracking and spare parts.</p>
</div>

LLumin partners with Hexastate to offer new AI-powered solutions for industrial maintenance

<div>
 <p>Bright Machines, a provider of AI-based robotics solutions, has named Chris Stori as CEO. Before his appointment, Stori served in senior management positions at Cisco, including as SVP and general manager for Enterprise Networking, Meraki, and IoT Business. His professional background also includes a seven-year stint at McKinsey &amp; Company, where he led projects for American manufacturing and industrial firms.</p>

</div>

Bright Machines appoints Chris Stori as CEO

Additive manufacturing makes objects by systematically adding material via a CAD program

Additive Manufacturing

<div>
 <p>Xolo, a 3D printing company, has partnered with Rousselot, a collagen and gelatin brand owned by Darling Ingredients. The partnership involves integrating Rousselot's X-Pure GelMA solution into Xolo's bio-inks used for volumetric 3D printers.</p>
 <p>This collaboration combines the capabilities of Xolo's Xolography 3D printing technology, which can print complex cellular structures, and Rousselot's gelatin methacrylate (GelMA). The objective is to allow users to create stable, reproducible prints that facilitate cell growth using bio-inks.</p>
 
</div>

xolo partners with Rousselot to integrate X-Pure GelMA into bioinks for 3D printers

Clean, congestion-free air travel gets liftoff

Passenger eVTOL Aircraft

<div>
 <p>Pivotal, an eVTOL aircraft maker, has successfully completed over a thousand crewed flights in their BlackFly crafts. This achievement has set a new benchmark within the industry, both for light eVTOL aircraft and all powered-lift eVTOL's. </p>
 <p>The pre-production eVTOL, BlackFly, is designed with simplified flight controls and intentionally minimized complexity. This approach enhances the pilot's interaction with the flight and significantly reduces the potential points of failure, thus increasing the safety aspect. The delivery of this aircraft to individual buyers across the states has been fulfilled through their innovative Early Access Program.</p>
 <p>Following the success of BlackFly, Pivotal has started accepting orders for their new model, Helix, which incorporates and builds upon their previous innovations. The company maintains that their eVTOL crafts are versatile and could be deployed for numerous purposes which include recreation, short-distance commuting within countryside areas, domestic household visits, and traversing unexplored terrains.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Pivotal's Blackfly was unveiled and had its first test flight in October 2011, and the company claimed at the time it was the world's first all-electric, fixed-wing, eVTOL aircraft for personal transportation. Blackfly has been rigorously trialed on test flights over the past 13 years since its initial launch. The company launched its Helix, an electric single-passenger eVTOL, in <a href="https:<br>
//sp-edge.com/updates/25381"> January 2024 </a> . Helix is currently available for pre-order starting at USD 190,000, with expected delivery in 2025.</p>

Pivotal surpasses 1,000 crewed eVTOL flights

Technology to explore opportunities beyond Earth

Space Travel and Exploration Tech

<div>
 <p>Starfish Space, a firm dedicated to creating on-orbit satellite servicing solutions, has been awarded a Phase III Small Business Innovation Research (SBIR) contract by NASA. The contract, valued at $15 million, is part of the Small Spacecraft Propulsion and Inspection Capability (SSPICY) mission.</p>
 <p>This collaboration is intended to create commercial inspection capabilities for non-functional satellites in low-Earth orbit using Starfish Space's Otter spacecraft. The plan is to launch the mission in late 2026 and inspect multiple US-owned defunct satellites. This mission will gather data on the condition of these satellites and potentially service them or guide them back to Earth. This contribution aligns with NASA's Space Sustainability Strategy, aiding in mitigating orbital debris.</p>
 </div>

NASA partners with Starfish Space for satellite debris inspection mission

Bringing fresh produce closer to consumers with efficient, advanced technology.

Vertical Farming

<div>
 
<p>Canadian hydroponic vertical farming startup, Vision Greens, has secured CAD 18 million (approximately USD 13.4 million) in a recent funding round. The funds consist of CAD 10 million (~USD 7.4 million) in equity and CAD 8 million (~USD 5.9 million) in debt capital contributed by The Dorchester Corporation and Farm Credit Canada.</p>

<p>The fundraising is aimed at supporting the expansion of Vision Greens' operations, enabling it to increase its production capacity by an additional 1 million lbs of lettuce each year. The company affirms the new growing operation is expected to begin by mid-2025. This expansion initiative aligns with the company's strategy to distribute its lettuce products across Canada. </p>

</div>

Vision Greens raises CAD 18 million in funding to expand operations

Using online platforms, autonomy, electric and fuel-cell tech solutions to shape the future of trucking.

Truck Industry Tech

INCUMBENTS_PRESENT

<div>
 <p>Transflo, a software solutions provider for the supply chain industry, has formed a strategic alliance with Whip Around, a platform focused on fleet inspection and maintenance.</p>
 <p>This collaboration aims to present a more extensive fleet management solution, tackling maintenance and logistics aspects. Although not presently integrated, the pair can act as reciprocal solutions for 1) asset management by blending Whip Around's inspections and maintenance capabilities with Transflo's telematics abilities; 2) driver experience through the combination of Whip Around's inspection application and Transflo Mobile+ freight operations application; 3) safety and adherence to regulations utilizing the platforms of both companies for preventative maintenance and 4) data-driven insights from both platforms.&nbsp;</p>

</div>

All Updates

Aledade raises USD 260 million in Series F funding round

VIZZIO Technologies partners with ASRock Industrial for digital twin and 3D surveillance solutions

Mawari raises USD 10.8 million in funding to scale spatial streaming

Carbios partners with Selenis to produce biorecycled PETG for cosmetics packaging

LLumin partners with Hexastate to offer new AI-powered solutions for industrial maintenance

Bright Machines appoints Chris Stori as CEO

xolo partners with Rousselot to integrate X-Pure GelMA into bioinks for 3D printers

Pivotal surpasses 1,000 crewed eVTOL flights

NASA partners with Starfish Space for satellite debris inspection mission

Vision Greens raises CAD 18 million in funding to expand operations

Transflo partners with Whip Around to enhance fleet management solutions

Preventive Healthcare

Aledade raises USD 260 million in Series F funding round

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