Monthly Archives - October 2024

12Oct

Wasabi CEO sees IPO ramp as firm reaches 100,000 customers

Cloud storage unicorn Wasabi says it has reached the 100,000 customer point after continuing sales growth. The company has raised a total of $500 million since its inception in 2017, and gained unicorn status in 2022, after raising $250 million, which included a 50/50 investment and credit facility. Since then, it has seen 60-70 percent annual revenue growth and its partner numbers have also just reached 15,000 globally. On the IT Press Tour of Boston and Massachusetts this week, David...
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09Oct

Startup World Cup 2024 Awards $1 Million Grand Prize to EarthGrid

On October 4, 2024, ten startup company finalists, chosen from thousands of startups around the world, pitched in front of a panel of Silicon Valley venture capital investor judges for a $1 Million prize. After careful deliberation, the judges awarded the prize to EarthGrid PBC, a public benefit corporation based in San Francisco that has developed a patented plasma tunnel-boring technology to enable the U.S. and other countries to fix their electricity transmission grids. The competition was judged by a...
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02Oct

Amsel Medical Signs $7.45M Phase III SBIR Contract

Amsel Medical Corporation today announces that it has been awarded an $7.45 million sole source, non-dilutive, small business innovative research (SBIR) Phase III contract by the United States Air Force. This award represents a significant milestone for the company and builds on successful prior AFWERX Phase I, Phase II and TACFI SBIR contracts with the U.S. Air Force. This contract will help accelerate the commercialization of Amsel’s breakthrough, SCureTO™, precision hemorrhage control solution for combat casualty care trauma. It is...
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