Innovation

Purdue University And High Alpha Partnering To Base Programs In Downtown Indianapolis

By Amit Chowdhry ● Jun 23, 2023

Purdue University’s Executive Education programs from the Mitchell E. Daniels, Jr. School of Business and some Purdue Innovates programs in Indianapolis will be housed at High Alpha in the burgeoning Bottleworks District of Indianapolis. The recent announcement builds on Purdue’s commitment announced last week to expand the university’s academic and research excellence to the state capital while investing in and partnering with the city to create new knowledge, build startups, and connect talents with industry.

Aite-Novarica Group And RBR Rebrands To Datos Insights

By Amit Chowdhry ● Jun 23, 2023

Aite-Novarica Group and RBR announced its rebranding as Datos Insights. These companies - both global leaders in financial services technology research and data - merged in February 2022. This new brand represents an expanded vision for the combined company, which builds on its collective reach and resources. And together under the Datos Insights name, they will continue their journey with a new web presence and product enhancements to help clients achieve the most significant possible business impact.

Hun School Of Princeton Students On Working With New Jersey Beekeepers

By Amit Chowdhry ● Jun 22, 2023

The Hun School of Princeton - an all-gender private day and boarding school - announced that through NextTerm - which is a three-week mini-semester designed to offer Hun students an experiential and interdisciplinary academic experience with real-world implications. The Hun students are exploring how the honey bee is deeply connected to human culture and how humans can work to preserve its existence.

Boox And ReturnBear Partnering For Enabling More Sustainable E-Commerce Packaging

By Amit Chowdhry ● Jun 22, 2023

Boox - a sustainable e-commerce platform providing zero-waste, circular packaging solutions - announced the expansion of its services to the Canadian market through support by Canada’s first package-free returns network ReturnBear. The Boox x ReturnBear partnership started off with rhode’s entry to Canada, as well as Kiehl’s Canada, through a shared goal to transition the e-commerce industry to a more circular economy.

uniQure: $100 Million Milestone Achieved With Hemophilia B Gene Therapy

By Noah Long ● Jun 22, 2023

uniQure N.V. - a leading gene therapy company advancing transformative therapies for patients with severe medical needs - recently announced the achievement of a $100 million milestone associated with the first commercial sale of HEMGENIX in the United States by its partner CSL.

WAVs AI: $20 Million In Funding Raised From Regal Investments

By Annie Baker ● Jun 22, 2023

Regal Investments announced recently its strategic investment of $20 million in the AI music streaming platform WAVs AI. And this significant investment underscores Regal Investments' commitment to leveraging AI technologies and staying ahead of the curve in the ever-evolving music industry.

PayPal And KKR Sign €40 Billion Multi-Year European Pay Later Receivables Deal

By Amit Chowdhry ● Jun 22, 2023

PayPal and KKR announced recently the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion of buy now, pay later (BNPL) loan receivables originated by PayPal in France, Germany, Italy, Spain, and the United Kingdom.

Spike: Conversational Email App Company Launches End-to-End Email And Team Chat Service

By Amit Chowdhry ● Jun 21, 2023

Spike - a leading conversational email app - has announced the launch of Spike for Teams, which is an end-to-end email and team chat service that delivers an exceptional unified communication and collaboration experience for small-to-medium-sized businesses, including agencies, law firms, IT companies, development agencies, and anyone who needs to collaborate efficiently.

Peninsula Fiber Network: $61 Million Federal Grant Awarded

By Amit Chowdhry ● Jun 21, 2023

Peninsula Fiber Network (PFN) announced recently that it has been awarded a major federal grant to install broadband infrastructure in 3 areas across the state of Michigan. And the project includes routes that traverse Michigan’s lakes and unserved/underserved counties and towns, bringing much-needed “middle mile" broadband infrastructure to improve the state’s broadband connectivity.

QuickBlox Improves Video Consultations Using OpenAI Integration

By Amit Chowdhry ● Jun 20, 2023

QuickBlox - a cloud-based communication platform as a service (CPaaS) provider - announced the integration of OpenAI with its new video consultation service Q-Consultation Lite.

PLOT Communications: Construction Job Management Platform Company Secures $2 Million

By Noah Long ● Jun 19, 2023

PLOT Communications - a SaaS management platform for construction job sites - announced just over $2 million in fresh funding to continue its mission to enhance Jobsite Coordination.

iCapital Deploys Marketplace To Connect Wealth Managers To Alternative Investment Opportunities

By Amit Chowdhry ● Jun 19, 2023

iCapital - a global fintech platform driving access to alternative investments for the wealth management industry - announced the launch of iCapital Marketplace.

Pecan Street And Local Partnering To Expand Its Energy Equity Research Network

By Amit Chowdhry ● Jun 19, 2023

A three-year $2.5 million grant from the Alfred P. Sloan Foundation to Pecan Street and university and local community partners are going to expand Pecan Street’s household energy research network to four new regions focused on equitable energy: Oklahoma City, central Pennsylvania, Atlanta, and Portland, Oregon. And over 200 homes in traditionally underserved communities will be equipped with Pecan Street’s energy research equipment, addressing a critical data gap for low-income communities and households of color.

Astra And Alloy Are Partnering To Streamline Payment Integrations

By Amit Chowdhry ● Jun 19, 2023

Astra (a leading provider of infrastructure for faster payments) announced a partnership with Alloy (an identity risk management company) to streamline the onboarding process for existing Alloy customers to leverage Astra’s advanced transfer technology in their applications.

Google Utilizes AI To Show How Clothes Look Virtually On People

By Amit Chowdhry ● Jun 15, 2023

Going to a clothing store and trying out various sets of outfits can be a tedious process. This is a problem that Google is solving by bringing the fitting room experience to you.

Google Adding New Features To Lens, Including Skin Condition Search

By Amit Chowdhry ● Jun 15, 2023

Google Lens is an image recognition technology that makes it easier to search what you see and a few new features are being added to it.

J.Crew Launches Immersive Virtual Store Through Partnership With Obsess

By Noah Long ● Jun 14, 2023

J.Crew recently announced the launch of an immersive virtual store powered by experiential e-commerce platform Obsess. And the 3D shoppable experience celebrates the company’s 40th anniversary and takes the form of a beach house that features 6 unique rooms and a separate boathouse.

Bryant University Expanding Campus With Donation From Fidelity Investments

By Amit Chowdhry ● Jun 11, 2023

Bryant University announced a significant campus expansion due to a generous real estate donation from neighboring Fidelity Investments. Fidelity donated 100 Salem Street, which is part of their Smithfield corporate campus just across the street from the existing Bryant campus entrance.

Building Your Kids’ Credit Score

By Amit Chowdhry ● Jun 7, 2023

This is how you build your kids' credit score

Lightmatter: Photonic Processor Leader Company Raises $154 Million

By Amit Chowdhry ● Jun 6, 2023

Lightmatter - a leader in photonics - announced recently that it raised a $154 million Series C investment round from SIP Global, Fidelity Management & Research Company, Viking Global Investors, GV (Google Ventures), HPE Pathfinder and existing investors.

NewLimit Raises $40 Million To Reverse Aging

By Annie Baker ● Jun 4, 2023

NewLimit - a San Francisco-based company that aims to reverse aging by reprogramming cells - announced recently that it raised $40 million in funding in a Series A round of funding from Dimension, Founders Fund, and Kleiner Perkins with participation from Eric Schmidt, Elad Gil, Garry Tan, and Fred Ehrsam.

Car Care Services Company Yoshi And Turo Partner On Virtual Vehicle Inspections

By Amit Chowdhry ● Jun 1, 2023

Yoshi - a leading tech-enabled last-mile delivery platform for mobile car care - announced it is teaming up with Turo, which is the world’s largest peer-to-peer car-sharing marketplace. Together, the companies will offer virtual vehicle inspections for Turo hosts nationwide.

How Advantus Health And HHS’ $1.2 Billion Agreement Will Expand Hospitality Services

By Amit Chowdhry ● May 31, 2023

Advantus Health Partners and HHS recently announced their strategic partnership to expand hospitality services for Advantus members, delivering a patient-centric hospitality approach for food and nutrition services, hospital patient transport, and environmental services.

Nvidia Becomes A $1 Trillion Company

By Amit Chowdhry ● May 30, 2023

Today Nvidia crossed a major milestone: it has become valued as a $1 trillion company.

Google Opens Up Access To Search Labs

By Annie Baker ● May 27, 2023

Google announced this past week that it is starting to open up access to Search Labs, which is a new program for accessing early experiments from the search giant.

Tesla Superchargers To Support Ford Electric Vehicles Starting In Early 2024

By Amit Chowdhry ● May 26, 2023

Tesla CEO Elon Musk and Ford CEO Jim Farley announced that started early next year, over 12,000 Superchargers will support Ford’s electric vehicles.

Neuralink Receives FDA Approval For Human Brain Implant Study

By Amit Chowdhry ● May 26, 2023

Neuralink has announced that the U.S. Food and Drug Administration (FDA) has approved its first-in-human clinical trial.

JPMorgan Chase Developing AI Service For Investment Advice, Says Report

By Amit Chowdhry ● May 26, 2023

JPMorgan Chase is reportedly building a software service that operates similar to the way ChatGPT works, which would utilize artificial intelligence to suggest investments for customers according to sources with CNBC.

AMP Robotics Closes $99 Million To Build Systems That Can Sort Recyclable Materials

By Dan Anderson ● May 26, 2023

AMP Robotics - a pioneer in artificial intelligence (AI), robotics, and infrastructure for the waste and recycling industry - announced it has received financing from Microsoft’s Climate Innovation Fund. This latest funding round brings AMP’s Series C round, led by Congruent Ventures and Wellington Management to a total of over $99 million.

Laguna Health: Contextual Care Management Platform Company Secures $15 Million

By Noah Long ● May 23, 2023

Laguna Health - an AI-powered contextual care management platform - announced the initial close of its Series A fundraise: a $15 million round co-led by SemperVirens and HC9 Ventures.