<div>
  <ul>
    <li>
      <p>
        Hooked Foods, a Swedish plant-based food startup, has expanded its product portfolio with new vegan seafood options and plant-based chicken products. The new products will be available in Sweden's two largest retail chains, ICA Gruppen and Coop Sverige, starting October 2024.
      </p>
    </li>
    <li>
      <p>
        The new lineup includes Veggie Bites Original (chicken-inspired protein-packed bites), Veggie Filet Original (plant-based chicken filet alternative), Veggie Bites Sea Flavor (tuna-inspired plant-based bites), and Veggie Bites Smoked (smoked salmon-inspired plant-based bites). Hooked Foods has also revamped its packaging design to improve transparency and highlight local sourcing and sustainability.
      </p>
    </li>
    <li>
      <p>
        According to CEO Tom Johansson, the new products were created to meet specific demand from partner retailers and consumers. The company aims to replicate the taste, texture, and nutritional profile of traditional seafood and chicken, helping customers switch to plant-based alternatives.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://vegconomist.com/products-launches/hooked-foods-new-alt-seafood-vegan-chicken-swedens-biggest-retailers/">
      Vegconomist
    </a>
  </p>
</div>


Plant-based Meat

PROMINENT_CATEGORY

<div>
 <p>Swedish plant-based food startup, Hooked Foods, has launched new vegan seafood and plant-based chicken products which will be available in Sweden's largest retail chains, ICA Gruppen and Coop Sverige, from October 2024.</p>
 <p>The new offerings include Veggie Bites Original, Veggie Filet Original, Veggie Bites Sea Flavor and Veggie Bites Smoked, all inspired by traditional seafood and chicken flavors. The company has also updated its packaging to emphasize local sourcing and sustainability.</p>
 <p>Hooked Foods' CEO, Tom Johansson, said that the new products are designed to meet the preferences of partner retailers and consumers, delivering similar taste, texture, and nutritional values as their traditional counterparts, thus encouraging the transition to plant-based options.</p> 
</div>

Hooked Foods launches new vegan seafood and chicken products

The toolkit to build machine learning applications at scale

Machine Learning Infrastructure

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

<div>
 <p>Oracle has introduced generative development (GenDev) for businesses. This AI-focused application development system aims to deliver pioneering development technologies and enable applications created with AI-powered natural language interfaces and human-centric data.</p>
 <p>Through GenDev, developers can utilise AI to construct modular corporate applications. It empowers users to communicate with data and applications in natural language, find data based on its semantic content, and answer natural language queries through retrieval-augmented generation and AI vector search.</p>
 <p>The infrastructure provides comprehensive support for large language models with inbuilt connections to models like Google Gemini, Anthropic Claude, and Hugging Face. It also grants access to NVIDIA GPUs for expedited AI data processing and incorporates features such as an Autonomous Database for Developers and an Autonomous Database for Select AI-Synthetic Data Creation.</p>
</div> <p><b>Analyst QuickTake:<br>
</b> Oracle continues to enhance its AI infrastructure offerings. In August 2024, it strengthened its partnership with NVIDIA to provide more advanced GPU solutions, enabling better scalability of AI products for enterprises.&nbsp;</p>

Oracle launches generative development infrastructure for enterprises

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

<div>
 <p>Oracle has introduced generative development (GenDev) that uses AI technology for application development. GenDev is aimed at allowing developers to build modular enterprise applications utilizing AI. It incorporates natural language interfaces and human-oriented data, thus letting users engage with data and applications through natural language. Users can find data based on its semantic content and answer natural language queries via retrieval-augmented generation (RAG) and AI vector search.</p> 
 <p>GenDev infrastructure extends its support for large language models (LLMs) such as Google Gemini, Anthropic Claude, and Hugging Face. The support includes built-in connections to these LLMs, accelerating AI data processing through NVIDIA GPUs. It also furnishes features like an Autonomous Database for Developers and a separate one for Select AI-Synthetic Data Creation.</p>
</div> <p><b>Analyst QuickTake:<br>
</b> Oracle continues to enhance its AI infrastructure offerings. In August 2024, it strengthened its partnership with NVIDIA to provide more advanced GPU solutions, enabling better scalability of AI products for enterprises.&nbsp;</p>

Distributed workforces require new solutions for office operations, HR, payment, and more.

Remote Work Infrastructure

<div>
 <p>Rain, an employer-sponsored earned wage access (EWA) platform, has entered into a partnership with Workday, a solutions provider for people and money management. Through this partnership, Rain's EWA solution will be integrated with Workday's Human Capital Management (HCM) via API. This will allow Workday customers to effortlessly introduce Rain's EWA program, thereby enabling employees to access a portion of their earned wages prior to payday. This could potentially enhance financial flexibility and help avoid high-interest loans and exorbitant overdraft charges.</p>
 <p>Rain reports that their service users in 2023 saved an estimated USD 51 million in avoided overdraft fees and payday loan interest. Furthermore, employers granting Rain's EWA have reportedly observed a doubling in job applications and a 49% retention increase after an eight-month average duration.</p>
 
</div>

Rain partners with Workday to offer earned wage access solutions for Workday employees

Platforms, apps, and cards to keep the corporate wallet in check

Business Expense Management

<div>
 <p>Financial automation platform, Paymerang, has teamed up with School Management Solutions provider, Veracross, to provide accounts payable (AP) automation to K-12 schools. They aim to enhance financial processes in these institutions via integration of Paymerang's AP automation platform with Veracross's student information system. This integration will enable schools to electronically receive, code, and approve invoices, and also manage vendor, employee, and parent payments with improved fraud protection.</p>
 <p>The introduction of Paymerang's AP automation platform is expected to reduce the time taken on manual tasks by over 80% in educational institutions, and will also address the growing risk of payment fraud with its advanced fraud mitigation protocols.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> The recent partnership aligns with the company’s strategy to expand its use cases across diverse industries by engaging in strategic collaborations. In <a href="https:<br>
//sp-edge.com/updates/27030"> February 2024 </a> , Paymerang partnered with LeadingAge Southeast to extend its AP automation offerings to senior living business offices, followed by an <a href="https:<br>
//sp-edge.com/updates/28945"> April 2024 </a> partnership with M3 to broaden its reach into the hotel industry.&nbsp;</p>

Paymerang partners with Veracross to offer AP automation for K-12 schools

Travel Tech

<div>
 <p>BizAway, a company from Italy that specializes in travel management software and offers multilingual customer support, has secured funding of USD 35 million from Mayfair Equity Partners. </p>
 <p>These funds are intended to be used to speed up growth in current and new markets, examine possible merger and acquisition opportunities, apply new AI and data strategies, and generate more products and services for corporate travelers.</p>
 <p>In April 2023, BizAway took over the business travel division of Next Generation Travel and raised around USD 11 million (EUR 10 million) in July. The company has operations in Spain, Italy, Albania, and Dubai and predicts their global market to be worth USD 1.48 trillion by 2024's end.</p>
 
</div>

BizAway raises USD 35 million in funding to expand reach and enhance product

<div>
 <p>Expedia Group has recently extended its Travel Shops feature, launching over 100 shoppable storefronts from various media companies, brands, and influencers. The feature, which is currently available on the Expedia iOS app in the US and UK, allows creators to share travel recommendations and earn commissions from bookings made through their created stores.</p>
 <p>The newly launched Travel Shops include storefronts from well-known publishers such as Travel + Leisure and Condé Nast Traveler. Tourism boards like Visit The US and Go Dominican Republic, brands such as Arsenal FC, and even individuals like actor Jaime Camil have also created storefronts. This enables users to peruse and book several travel experiences which have been recommended by these various trendsetters.</p>
 <p>According to Expedia Group, this expansion is designed to meet the needs of travelers as they currently stand. With the growing trend of travelers seeking inspiration via social media platforms like Instagram and TikTok, Expedia's Travel Shops offer a similar experience. The company is also planning to increase the inclusivity of the feature by opening the opportunity to create a Travel Shop to all users next year. This will potentially broaden the spectrum of travel recommendations and booking options available to users.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Expedia Group has been refining its product offerings and scaling operations with recent developments. In <a href="https:<br>
//sp-edge.com/updates/29442"> May 2024 </a> , the company introduced Romie, an AI assistant designed to enhance travel planning, following the launch of its shoppable platform in <a href="https:<br>
//sp-edge.com/updates/17828"> April 2023 </a> .</p>

Expedia Group expands Travel Shops by launching shoppable storefronts from new partners

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

Digital Twin

<div>
  <p>A digital twin solution provider named Samp has raised EUR 6 million in a funding round led by Promus Ventures, with participation from Kvanted. This increases the company's total funding to EUR 10 million.</p>
  <p>Samp plans to use these funds to deploy its "Shared Reality" solution internationally. It also aims to develop its sales team across France and Europe, continue its research and development efforts, and prepare for expansion outside Europe.</p>
  <p>Using Samp's technology, digital twins of industrial sites can be created in a matter of days by integrating 3D scans with technical documentation. Several industry leaders, including Engie, SUEZ, VEOLIA, Teréga, Trapil, and SFDM, have already employed this solution across 150 industrial sites in France.</p>
</div>

Samp raises EUR 6 million in funding to deploy digital twin solution

Technology providers that enhance satellite operations

Next-gen Satellites

<div>
 <p>Space tech company, Capella Space, providing synthetic aperture radar (SAR) data solutions, has secured a USD 15 million Strategic Funding Increase (STRATFI) contract from the US Air Force (USAF) through AFWERX Ventures.</p>
 <p>The contract funding is set to advance Capella's SAR technology, including the development of a next-generation SAR sensor with enhanced resolution, diminished latency, and the ability to operate in dual-polarization. The aim of these improvements is not only to support USAF capabilities and mission requirements, but to also benefit various commercial applications, including defense, agriculture, environment, and disaster response sectors.</p>
 <p>This funding follows Capella Space's established partnerships with other US government agencies such as the National Geospatial-Intelligence Agency, National Reconnaissance Office, US Navy, US Space Force, and NASA.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Capella Space also secured a USD 14.9 million contract from the US Air Force Research Laboratory (AFRL) in <a href="https:<br>
//sp-edge.com/updates/32286"> August 2024 </a> to provide SAR imaging services and integrate the SAR data into Global Unification Environment, AFRL's cloud-based platform. Further in <a href="https:<br>
//sp-edge.com/updates/33449"> August 2024 </a> , it launched two satellites consecutively within five days to the Capella Space constellation aboard the Electron rocket.</p>

Capella Space secures USD 15 million contract from US Air Force

<div>
 <p>Apex, a satellite manufacturer, introduced Nova, a larger satellite bus designed for challenging missions from government clients. The basic version of Nova weighs 250 kg and can hold up to 300 kg of payloads, while a heavy-duty version weighs 400 kg and can contain up to 500 kg of payloads.</p>
 <p>Nova is created to supplement Apex's existing smaller Aries bus. It can supply between one and two kilowatts of orbit-averaged power and is compatible with a SpaceX rideshare payload adapter referred to as an XL Plate. The new bus is largely aimed at projects for US and allied governments, with some commercial interest in communications and remote sensing systems.</p>
 <p>Nova is created for clients conducting intensive operational missions requiring redundant avionics, systems, and constellations. The company intends to deliver Nova spacecraft to customers in the third quarter of 2025, aiming at low-Earth orbit missions.</p>
</div>

Apex unveils larger satellite bus 'Nova'

Clean, congestion-free air travel gets liftoff

Passenger eVTOL Aircraft

<div>
 <p>EHang Holdings Limited, a top autonomous aerial vehicle firm in China, has acquired an Experimental Flight Authorization Certificate (CAVE) from Brazil's National Civil Aviation Agency (ANAC) for its EH216-S eVTOL, an unmanned aircraft. </p>

 <p>With its Brazilian associate, Gohobby, EHang is set to execute extensive test flights in Brazil. The objective is to collaborate with ANAC and Brazil's Airspace Control Department (DECEA) to push forward research in the areas of Operations Concepts and Unmanned Aircraft Traffic Management systems.</p>
 
 <p>The governments of Brazil and China have formulated cooperative agreements in the civil aviation sector. These comprise updated airworthiness processes for reciprocal aircraft validation and a Cooperation Roadmap to facilitate the certification of new-technology aircraft. EHang’s operations in Brazil are expected to be supported by these agreements. Talks on the regulatory model to facilitate the certification and operation of EHang's EH216-S pilotless eVTOL in Brazil are in-progress between ANAC and China's Civil Aviation Administration (CAAC).</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> EHang's EH216-S eVTOL is making progress in its test flights . It launched its first demonstration flights in <a href="https:<br>
//sp-edge.com/updates/30465"> Saudi Arabia </a> and <a href="https:<br>
//sp-edge.com/updates/31143"> Wencheng County </a> in China. In <a href="https:<br>
//sp-edge.com/updates/31809"> July 2024 </a> , it received approval for the Air Operator Certificate from the CAAC. EHang also delivered the first batch of 10 EH216-S units to Xishan Tourism in <a href="https:<br>
//sp-edge.com/updates/32063"> July 2024 </a> .</p>

All Updates

Hooked Foods launches new vegan seafood and chicken products

Oracle launches generative development infrastructure for enterprises

Oracle launches generative development infrastructure for enterprises

Rain partners with Workday to offer earned wage access solutions for Workday employees

Paymerang partners with Veracross to offer AP automation for K-12 schools

BizAway raises USD 35 million in funding to expand reach and enhance product

Expedia Group expands Travel Shops by launching shoppable storefronts from new partners

Samp raises EUR 6 million in funding to deploy digital twin solution

Capella Space secures USD 15 million contract from US Air Force

Apex unveils larger satellite bus 'Nova'

Brazil grants experimental flight authorization for EHang's eVTOL

Plant-based Meat

Hooked Foods launches new vegan seafood and chicken products

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