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Michigan CDFI Coalition: $186.9 Million In Federal Funding Awarded To 9 Institutions

By Amit Chowdhry ● Oct 23, 2024

Over $186.9 million was recently awarded to nine Michigan Community Development Finance Institutions (CDFI) from federal funds to build capacity and advance their missions, supporting economic revitalization efforts in underserved communities across the state.

Citizens Onboards $600 Million Florida-Based Team

By Amit Chowdhry ● Oct 23, 2024

Citizens Financial Group announced that it is welcoming a new team of seasoned wealth advisors, led by Stephen LaForte and Jonathan Soto, as part of its ongoing strategy to accelerate wealth capabilities in key markets across the U.S. Based in Boca Raton, these senior advisors bring more than four decades of combined experience in wealth management and previously managed approximately $600 million in client assets. They specialize in customized wealth management solutions for high-net-worth and ultra-high-net-worth individuals, families, and businesses.

Cedars-Sinai Accelerator 10th Class Showscases Solutions During Demo Day At HLTH 2024

By Amit Chowdhry ● Oct 23, 2024

The participants from the Cedars-Sinai Accelerator’s 10th class showcased their healthcare solutions during Demo Day at HLTH 2024 yesterday at The Venetian Expo Center in Las Vegas, Nevada.

DNA Fund Buys Coral Capital To Invest An Additional $50+ Million In Web3 And AI Companies

By Amit Chowdhry ● Oct 23, 2024

DNA Fund, an investor in high-ticket emerging tech and web3 investments, has announced its acquisition of Coral Capital Holdings. This established investment management firm has previously managed millions in the DNA founders' personal funds.

Neuron7.ai: Service Resolution Intelligence Company Raises $44 Million (Series B)

By Amit Chowdhry ● Oct 23, 2024

Neuron7.ai, a pioneer in Service Resolution Intelligence, announced it has raised $44 million in Series B funding led by Smith Point Capital, founded by former Salesforce co-CEO Keith Block. Existing investors Nexus Venture Partners and Battery Ventures joined the oversubscribed funding round, bringing the total capital raised to date to over $63 million.

Arcserve: UDP 10 Revealed To Deliver Enhanced Malware Protection And Improved Virtualization Support

By Amit Chowdhry ● Oct 23, 2024

Arcserve, a pioneer in unified data resilience solutions, announced the launch of Arcserve UDP 10. This product offers customers an intuitive, flexible, and affordable way to address their critical data security and business continuity challenges.

Lumenuity: $1.2 Million (Seed) Raised To Enhance Zoom Capabilities Of Smartphone Cameras

By Amit Chowdhry ● Oct 23, 2024

Lumenuity announced an official launch with transformative optical technology that significantly enhances the zoom capabilities of smartphone cameras. And the company also unveiled a $1.2 million seed funding round, and are collaborating with Qualcomm Technologies to optimize the Lumenuity technologies for use on smartphones that contain the latest Snapdragon mobile platforms. This breakthrough technology offers widespread applications beyond smartphones, including drones, augmented reality (AR), etc.