Author - Antonette Ho

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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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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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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PITTSBURGH TECHNOLOGY COUNCIL TECH50

The Pittsburgh Technology Council's Tech 50 Awards honors technology innovation in our region. On Thursday, November 14, 2024, we will celebrate the most successful and innovative companies in Southwestern Pennsylvania at the 28th annual Tech 50 Awards! Congratulations to our 2024 Finalists! MedTech/Life Sciences - CytoAgents. CEO of the Year - CytoAgents: Teresa Whalen, CEO. Read more >>
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Women to Watch: Robin Mcbride (Mcbride Sisters Wine Company) and Marian Leitner-Waldman (Archer Roose Wines) Join Roster for Women in Craft Forum During SommCon

SommCon®, the preeminent gathering for wine, beer, and spirits professionals has partnered with Women In Craft Forum to bring forward conversations about the past challenges and future opportunities for women in the craft beverage industry. Held during the SommCon Conference & Beverage Expo, October 5-7 in San Diego, California. The incredible line up of diverse voices joining this year’s roster include trailblazers Robin McBride, co-founder of McBride Sisters Wine Company, and Marian Leitner-Waldman, founder of Archer Roose Wines. These visionary...
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EarthGrid Wins Both “Judges’ Choice Award” and “SuperCrowd Award” at Superpowers for Good Live Pitch Event

EarthGrid, a company revolutionizing infrastructure with its patented plasma technology for tunneling and excavation, has made history by winning both the "Judges' Choice Award" and the "SuperCrowd Award" at the Q3 Superpowers for Good Live Pitch event. This achievement marks the first time a single company has received both prestigious awards in the history of the event. EarthGrid PBC , led by CEO Troy Helming , presented their innovative solution for faster, cost-effective, and sustainable construction of underground utility tunnels....
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DeepLook Medical: Medical Imaging Company Raises Series A

DeepLook Medical – a healthtech company specializing in visual enhancement technology for advanced medical imaging – announced it marked the 11th investment in Xcellerant VC Fund 1. Michael Shufeldt, MBA, Principal at Xcellerant Ventures, will join the board. DeepLook Medical’s flagship product, DL Precise, is an innovative AI-powered software that equips healthcare professionals with the tools to detect and assess suspicious lesions in dense breast tissue accurately. Read more >>
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CytoAgents Receives Third Grant From National Institutes of Health to Advance Research on Cytokine Release Syndrome

CytoAgents Inc., a clinical-stage biotechnology company, dedicated to developing a safe and effective treatment for Cytokine Release Syndrome (CRS), announced today that it has been awarded a $2 million National Institutes of Health (NIH) grant, the third NIH grant in four years. This funding will accelerate the development of its lead drug candidate, CTO1681, an investigational new drug that uses a novel approach designed to prevent and mitigate Cytokine Release Syndrome in patients receiving CAR T-Cell therapy. This is an...
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Pixability and Ad Fontes Media Join Forces to Empower Advertisers to Safely Support News Content on YouTube

Pixability, (www.pixability.com), a leader in AI-driven contextual targeting, brand suitability and performance on YouTube and CTV, today announced the launch of a brand safety solution for news content with Ad Fontes, a leader in rating news sources for bias and reliability. The new offering will be the only misinformation solution in the marketplace that tackles the two-part problem of protecting advertisers on news channels on YouTube–(1) identifying sources of news that are reputable, trustworthy and not overly biased and (2)...
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BrandVerge and gimmefy.ai Forge Strategic Partnership

BrandVerge, a premier advertising agency renowned for its data-driven and audience-centric campaigns, today announced a groundbreaking partnership with gimmefy.ai, the world's first customised AI marketing platform. This collaboration aims to redefine the landscape of media planning & buying by seamlessly integrating advanced AI capabilities into BrandVerge's comprehensive suite of services including all aspects of paid media strategy and activation. The partnership between BrandVerge and gimmefy.ai represents a significant leap forward in the advertising industry, combining human expertise with cutting-edge artificial...
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