Optiversal AI helps multiply SEO traffic and revenue for the Retail 100

ST. PETERSBURG, Fla., July 6, 2023 — Optiversal, the generative AI content provider accelerating content creation for large retail enterprises, today announced that it has secured $4.2M in seed funding led by Bling Capital, with participation from Alpaca Ventures and Red Sea Ventures.

“Bling Capital is proud to support Optiversal in its mission to revolutionize the retail industry through its cutting-edge generative AI technology — helping consumers easily find highly relevant, yet often hard-to-find products sold by retailers. Optiversal’s early success with large retail enterprises and the expertise of its seasoned team speak volumes about their potential to transform the enterprise landscape,” said Ben Ling, general partner of Bling Capital.

Optiversal eliminates operational and technical barriers to producing relevant, high-quality content at scale for Retailers. Since its launch, the Optiversal platform has converted tens of thousands of missed content opportunities into hundreds of thousands of traffic-generating landing pages, delivering material revenue for enterprises while improving the consumer experience. To date, the company has generated over $125 million in new revenue for its retail customers, including multiple top-20 retailers, showcasing the immense potential of AI-powered content creation in the retail industry.

Optiversal will use this funding to accelerate the growth of the company by investing in product development, its tech and infrastructure, as well as increasing efforts to meet growing customer demands.

“We founded Optiversal with the goal of revolutionizing the way retailers approach content creation,” said Will Underwood, CEO and Founder of Optiversal. “Our platform addresses the challenges faced by large retail enterprises in generating high-quality, engaging content at scale. Our ability to develop custom AI models tailored to each of our customer’s unique voices, enables them to maintain a consistent and distinct brand voice across all marketing channels while significantly reducing the time and effort required to produce high-quality content. We’re thrilled to have the backing of investors like Bling Capital, Alpaca Ventures, and Red Sea Ventures, who share our vision for transforming the retail industry through AI-powered content creation solutions.”

Optiversal was founded by Will Underwood, Lucas Tieleman, and Jarrod Wolf, a dynamic trio of successful serial entrepreneurs who have been working together in the retail technology space for nearly a decade. Their combined expertise and passion for innovation have been instrumental in the development of Optiversal’s AI-powered content creation platform. With a proven track record of delivering transformative solutions to the retail industry, the founders are well-positioned to lead Optiversal in its mission to revolutionize content creation for retail enterprises.

For more information about Optiversal and its AI-powered content creation platform, please visit https://www.optiversal.com or contact [email protected].

SOURCE Optiversal

ZÜRICH, Switzerland, July 6, 2023 — SDX, Switzerland’s first fully regulated FMI for digital assets, announces that it has entered into comprehensive discussions with CV VC, Switzerland’s prominent VC for tech startups. This marks a significant step in harnessing the strengths of both organizations to drive innovation within the digital asset landscape.

CV VC, renowned for its expertise in identifying promising portfolio companies, will actively seek opportunities to leverage its knowledge in tandem with SDX. Simultaneously, SDX will play a key role in enabling and facilitating the tokenization journey of these startups. Both entities are committed to educating early-stage companies on the transformative value of tokenization and intermediated securities.

SDX and CV VC are exploring use cases to empower emerging companies to access SDX’s digital private equity ecosystem, seamlessly connecting them with partnering financial institutions and offering streamlined funding solutions, enhanced automation, and transparency. By joining the SDX ecosystem as an issuer, blockchain startups can increase their investability among institutional investors with traceable tokenized assets.

“With CV VC’s pivotal role in the Swiss startup ecosystem as the leading blockchain-focused VC, we at SDX are looking forward to harnessing the power of blockchain technology to drive the digital transformation of private markets,” says David Newns, Head of SIX Digital Exchange.

“Like SDX, CV VC believes that the financial market infrastructure, in Switzerland and beyond, is presently optimized for public companies, yet there are plenty of opportunities in private equity markets. We look forward to supporting SDX in their mission to co-shape a growing and vibrant Swiss Digital Market Infrastructure Ecosystem,” adds Olaf Hannemann, Co-Founder of CV VC.

About SDX

SIX Digital Exchange (SDX) is the first fully regulated financial market infrastructure (FMI) for the issuance, trading, settlement, and custody of digital assets. SDX is licensed by Switzerland’s financial market regulator, FINMA, to operate as a stock exchange and central security depository (CSD) on distributed ledger technology (DLT). As part of the SIX Group, SDX is subject to the Group’s high quality and security standards covered under Swiss law.

About CV VC

CV VC is a global blockchain investor, operating ecosystem acceleration hubs across Switzerland, Liechtenstein, South Africa, Germany, and Portugal. It provides seed funding and an acceleration program to innovative tech teams in exchange for equity or tokens. CV VC expertise extends to offering blockchain industry consulting and advisory services to corporates and governments.

SOURCE SIX Digital Exchange

OSAKA, Japan, July 5, 2023 — EX-Fusion announced today the close of an over-subscribed $1.8 billion yen seed-round investment designed to accelerate the commercial development of laser fusion technology. EX-Fusion has raised 130 million yen to date, and this latest financing will bring the total amount raised to 1.93 billion yen.

Background

Currently, there is growing interest in the potential of laser fusion for achieving a decarbonized society, and international competition is intensifying. In the past, academic research and development have been carried out mainly by universities and national research institutes in various countries but following the announcement of the energy gain (net energy gain) experimental results of the National Ignition Facility (NIF) at Lawrence Livermore National Laboratory in the United States on December 13, 2022, startup companies around the world are accelerating towards the commercialization of laser fusion.

EX-Fusion is committed to promoting the commercialization of laser fusion in Japan. By combining high-output, high-repetition laser technology, continuous target supply devices, and cutting-edge optical control technology, we aim to realize the world’s first commercial laser fusion power plant, and contribute to the development of technology in various optical industries, not limited to the energy sector.

Purpose

Since the previous round of funding, we have focused on the development of components for laser control. Through this round of funding, we will establish our own facility and prepare an environment for integrated testing of these components.

In addition, larger components are required to control higher-output lasers. In order to become a global leader in future nuclear fusion energy science, we aim to achieve in-house production of dedicated laser systems and advanced manufacturing technologies, as well as establish a variety of optical industries centered on laser fusion, and make significant progress as a producer of clean energy.

Investors

ANRI

Nissay Capital

Delight Ventures

Mitsui Sumitomo Insurance Capital

Nikon-SBI Innovation Fund

Osaka Shoko Shinkin Bank

Mitsubishi UFJ Capital

SMBC Venture Capital

Shizuoka Capital

Kyushin Social Capital

Germination Fund

Comments from investors

ANRI, Masahiro Samejima (Lead Investor)

I am very happy to be able to participate in this round of funding as the lead investor.

We have been supporting the company since the pre-startup stage of the technology concept, and we feel that the world’s attention to laser fusion is rapidly increasing due to the research results of the NIF in the United States. On the other hand, there are still various elemental technologies to be developed and time to realize laser fusion, so we would like to support the company steadily as a “Patient Capital” that can carefully nurture such “Tough Tech” in a long-term perspective, without being too affected by the trends of the world. Let’s somehow deliver the “sun on earth” to humanity.

About the future

EX-Fusion will explore many new technology areas, including clean energy generation, and maximize the potential of laser fusion energy. In particular, we will contribute to the development of technology in various optical industries, not limited to the energy sector, by utilizing the continuous target supply devices and cutting-edge optical control technology that have been obtained in the process of striving to realize a commercial laser fusion power plant.

What is laser fusion energy?

Safe, reliable, and clean energy that does not generate high-level radioactive waste. It is generated by a small nuclear fusion reactor using an abundant fuel that can be extracted from seawater. It has the same or greater power generation as a nuclear reactor and the safety of conventional renewable energy, and it can also respond to load changes by changing the number of laser repetitions.

CONTACT:
Shoko Oda
PR/Media Manager
[email protected]

SOURCE EX-Fusion

BOSTON, July 5, 2023 — LearnLaunch Fund + Accelerator, a prominent edtech investor, has recently unveiled its 2023 Breakthrough to Scale program, showcasing the selection of five promising edtech startups for investment and active engagement. These companies are committed to developing innovative solutions that offer future-proof learning, earning, and collaboration opportunities through cutting-edge technology and human-centered design.

Having made strategic investments in over 80 edtech companies since 2013, LearnLaunch has achieved remarkable milestones. Its portfolio companies have raised more than $250 million in funding and positively impacted the educational journeys of over 40 million learners worldwide. LearnLaunch continues to foster the growth of visionary pioneers who are driving accessibility, equity, and outcomes across diverse educational sectors.

The five participating startups in the program are:

• Alchemy Vision (Los Angeles, California): Alchemy Vision is a leading digital platform that specializes in workforce upskilling within the eye care industry. Their comprehensive solution is designed to efficiently train employees while alleviating the workload of senior staff. With a scalable and cost-effective approach, the company empowers teams to positively impact practice growth, elevate patient satisfaction, and cultivate professionalism and confidence among staff members.
• Ann (Tel Aviv, Israel): Ann is revolutionizing the education publishing industry by accelerating the digital transformation. Ann uses AI and machine learning technologies to transform static materials into dynamic, interactive content that integrates assessments and real-time reports for teachers while preserving the essence of the original publications.
• Kiddie Kredit (Miami, Florida): Kiddie Kredit is closing the income gap by addressing youth financial literacy.  Their mobile app is designed to educate children about the credit system and credit responsibility through chore completion, fostering financial literacy from an early age.  The company is already in partnerships with Equifax & several other major financial institutions.
• Lingco (Lansing, Michigan): Lingco (Lansing, Michigan): Lingco offers an adaptive language learning platform for K-12 and higher ed. It assesses students’ language competencies and provides actionable insights and engaging content to instructors for better course structuring and helping students achieve proficiency.
• UpBrainery UpBrainery provides Exploration Pathways for an immersive career exploration experience for students in K-12. UpBrainery is focused on the rapidly growing Career and Technical Education (CTE) space. The company leverages AI and machine learning to provide hyper-personalized student learning paths. With built-in badging, micro-credentialing, and teacher tools, it is designed for easy implementation in any classroom.

These selected startups will embark on a transformative 12-week journey through LearnLaunch Accelerator’s Breakthrough to Scale program, primarily conducted virtually. During this intensive period, the companies will seize opportunities to strengthen their product-market fit, expand their customer base, and establish scalable operational frameworks. The founders will receive support from mentors, venture partners, and funders within LearnLaunch’s robust network. Following the program, each company will be well-prepared for subsequent stages of funding, deployment, and operational success. The program will culminate with a demo day scheduled for the week of October 2nd, 2023, held in New York as part of EDTECH WEEK.

LearnLaunch constantly seeks to enhance its capacity by welcoming new, knowledgeable individuals to support the growth and development of startups. “Our program alumni give rave reviews of their weekly meetings with our Venture Partners during the program” said Jean Hammond, Founder and General Partner. “We are thrilled to add an industry thought-leader; Dr Alina von Davier, Chief of Assessment at Duolingo, as the newest member in our Venture Partner team of industry experts”.

Finally, LearnLaunch is excited to announce an equity investment into the Fund by Needham Bank under their Community Reinvestment Act umbrella. This investment supports the Bank’s ongoing goals of investing in workforce development and reaching low and moderate income  communities. This closely aligns with LearnLaunch’s aim to grow innovative businesses that have a big potential for social impact, with over 66% of its investments led by BIPOC and female founders.

LearnLaunch Fund + Accelerator is the leading Edtech startup program. Using our unique mix of milestone-based funding and one-on-one venture partner and mentor support, we work with impact-driven entrepreneurs on achieving product-market fit and developing go-to-market strategies to achieve scale. We look for companies with revenue and scalable impact potential. Our relationship-driven approach supports funding, partnerships, and growth for the long term. For more information, visit https://learnlaunch.com/accelerator.

SOURCE LearnLaunch Fund + Accelerator

JACKSONVILLE, Fla., July 5, 2023 — Urban SDK, a cloud based traffic management system of record for state and local governments, announces a seed funding round led by GOVO Venture Partners. The round is also supported by DeepWork Capital, Florida Opportunity Fund, Techstars, and venVelo.

This investment will be instrumental in fueling Urban SDK’s rapidly expanding footprint across the United States and Canada. In 2022, the company grew annual recurring revenue (ARR) by 145% and maintained a net revenue retention of 109%. The funds are dedicated to support the sustained growth Urban SDK has experienced from the public sector market and the demand they are receiving from the Civil Engineering industry.

“The US continues to lead the world in traffic deaths per capita, vehicle emissions output, and cars sold  —  it’s a compounding issue,” said Justin Dennis, Urban SDK COO and Co-founder. “Our cities do not have one platform for traffic engineers to easily access traffic diagnostics for any local road, make decisions to improve traffic safety and efficiency, and  quickly communicate with stakeholders. Traffic Management is a $5 Billion market opportunity and we could not be more excited to solve this problem with GOVO as partners.”

An alum of the Techstars Smart Mobility Accelerator, Urban SDK provides public works, planning, and law enforcement officials with a system of record used to create safer roadways. By streamlining traffic management operations and equipping officials with diagnostic reports of local roads, Urban SDK ensures that stakeholders have the information they need to keep their communities safe.

“We expect to see increased demand in the government sector for data-related solutions that enable better decisions and innovation,” Rob Panepinto, GOVO’s managing general partner, said of the investment. “Urban SDK has already impressed clients with the quality of their solution and has built a management team with a solid vision for execution and growth. We are excited to work closely with the company and its leadership team, leveraging our knowledge and expertise in the government sector.”

“Urban SDK is honored to partner with GOVO, who has an intense focus and experience in the state, local and federal marketplace. With the expertise and network GOVO and their partners provide, we are poised to double revenue over the next 12 months and further cement our platform as the system of record for Public Works departments.”

About Urban SDK

Urban SDK is a traffic management system of record for state and local governments across North America. The platform delivers diagnostic reports on local roads, GIS visualizations, and cloud-based data storage to public works officials, transportation planners, traffic engineers, and law enforcement officials. With a mission to improve mobility, Urban SDK is empowering stakeholders to create safer roadways in their communities.

About GOVO Venture Partners

GOVO Venture Partners is a Winter Park, Florida based company. GOVO Fund I is a venture fund that invests, seed round through series A, in early stage companies for which doing business with government or navigating government regulations is an important success factor.

For media inquiries, please contact:

Jonathan Bass
Director of Marketing, Urban SDK
[email protected]
386.228.7668

SOURCE Urban SDK

LONDON, July 5, 2023 — SuperSight, a London-based Generative AI startup, is redefining the crypto data landscape with its revolutionary Large Language Models (LLMs) tailored for crypto data. The company is thrilled to announce a $1M pre-seed round, backed by Blockchain Founders Fund, Animoca Brands, Druid Ventures, Emurgo, Next Gen Web 3, Vayner Fund, and others. This milestone paves the way for SuperSight to accelerate their development of vertical-specific foundational models.

With 420 million crypto users but only 30,000 able to programmatically derive insights, SuperSight bridges the gap, enabling easy access to information from a range of both on-chain and off-chain sources like Discord, Telegram, Twitter, Mirror, Podcast Transcripts, and News amongst other sources. SuperSight uses AI to improve the search experience, making it personalized, accurate, and more insightful. SuperSight is gearing up to introduce new features like real-time alerts, future trend predictions, and trade capabilities, further simplifying the way people engage with crypto.

Co-founded by Sungjung Kim, Advait Jayant, and Mohammed Junaid, SuperSight was born out of the trio’s shared vision to make blockchain data accessible. Sungjung stems from a background in Physics from Imperial College, with technical experiences at UBS and Fidelity, and has built crypto products since 2017. Advait is a PhD candidate at London Business School with a focus on Crypto Wash Trading; Advait formally trained in Computer Science at BITS Pilani, and previously lectured Machine Learning at O’Reilly (via Technics Publications) and Portfolio Management (Crypto/VC) at UCL. Junaid stems from a Management background from the University of Warwick. Junaid brings experience from trading in crypto, in institutional sales through working at the JP Morgan Equity Derivatives Team, and founding D2C ecommerce businesses.

Speaking about the investment, Aly Madhavji, co-founder and Managing Partner of Blockchain Founders Fund, expressed, “SuperSight’s innovative approach to data analytics holds the promise of transforming the crypto landscape. We’re backing their mission to turn crypto data into a reservoir of insights accessible to all, not just experts.”

Echoing this sentiment, Druid Ventures comments, “SuperSight is pioneering the crypto sector’s AI space to morph intricate, colossal data into clear, valuable insights. This game is about data, yet for many, it remains a riddle – intense and unattainable. SuperSight is not just deciphering the code but reshaping the game itself, ensuring everyone gets a fair shot. It’s the essence of democratization – of ensuring that data is available to all – that fans the flames of our support for this audacious team.”

Developing crypto-specific LLMs, SuperSight is turning complex data into user-friendly insights. Their platform’s intuitive querying allows users to pinpoint high-performing traders, evaluate token profit and loss dynamics, or probe into retention metrics, without writing a single line of code. The extent of query possibilities aligns seamlessly with the breadth of the user’s imagination.

SuperSight envisions a future where every crypto user, regardless of their technical skill, can access and interpret the wealth of information in the crypto universe, driving informed decisions and smarter investments. With SuperSight, that future is now.

About SuperSight

SuperSight (UK) is building crypto-specific Large Language Models (LLMs) to streamline the crypto data discovery process. In a sea of 420 million crypto wallets, only 30,000 users can keep up with the narratives programmatically. SuperSight bridges this gap, providing one-click search across both on-chain and off-chain sources.

About Blockchain Founders Fund

Blockchain Founders Fund (BFF) is a leading early stage Web3 Venture Capital fund which invests in top-tier founders globally. Our backers include a strategic mix of the leading firms in the crypto and traditional finance world. We invest in highly-promising startups taking a go-to-market focus and a hands-on approach to drive value. BFF helps curate strategic partnerships, hire talent, accelerate growth and ensure portfolio founders are well capitalized. Our team is composed of builders and operators that have scaled many of the leading Blockchain startups and are on a mission to support all-star teams shaping the Web3 industry.

Press Contact
Name: Advait Jayant
Company: SuperSight
Email: [email protected] 
Phone: +447873440997

SOURCE SuperSight

NEW YORK, July 5, 2023 — Gooten, a global provider of order management technology for on-demand manufacturing, announced today the closing of $11 million of Series A funding. The round was led by KEC Ventures, with participation from INX International, Tech Pioneers Fund, and other existing investors. As part of the round, Will Geiger of Touchdown Ventures will join Gooten as a board observer on behalf of INX International.

“As the on-demand industry continues to see rapid adoption, our Series A round positions Gooten to continue to deliver a best-in-class on-demand order management platform,” said Brian Rainey, CEO. “This capital will allow us to continue in our mission to address the high costs and economic and environmental issues of traditional inventory-based merchandising by increasing the adoption of on-demand manufacturing. We are excited to partner with KEC Ventures and INX International, both of whom share our vision of disrupting the industry with technology-driven solutions.”

Along with fueling customer growth, Gooten expects to expand its international capabilities, adding new fulfillment partnerships in strategic markets like Korea, Japan, India, Latin America, Brazil, and Western Europe. The company will also enhance its suite of technology tools and services, an offering that enables businesses to streamline their order management operations and tap into the immense potential of on-demand manufacturing. “The Gooten solution fills a unique gap in the market,” says Maddy Alcala, President. “Order management technology has existed for over twenty-five years for the traditional pick-pack-ship fulfillment model. The Gooten team is bringing enterprise-grade software to the on-demand production industry and this capital raise accelerates our ability to deliver new functionality to our customers, helping them grow sales and streamline business operations.”

“Gooten’s innovative approach to order management aligns perfectly with our investment thesis,” said Jeff Parkinson, Gooten board member and Partner at KEC Ventures. “The company’s commitment to leveraging technology and creating seamless, efficient processes has allowed it to build the largest on-demand manufacturing network in the world by capacity, servicing the largest brands, merchandising platforms, and the creator economy. We are excited to support Gooten’s growth as it continues to empower businesses with on-demand manufacturing capabilities.”

The company’s cloud native technology has already attracted a diverse range of customers, including Fortune 100 retailers, global creator and merchandising platforms, and high-growth independent brands.

About Gooten

Gooten is a provider of an order management system to power on-demand production on a global, enterprise scale. Currently powering over 10,000 businesses, Gooten’s enterprise-grade OMS technology provides companies with customizable business rules, and is supported by Gooten’s Global Managed Fulfillment Network, with over 90 manufacturing facilities globally. 

Media Contacts
[email protected]

SOURCE Gooten

The program aims to invest in companies operating in verticals such as data ownership, Web3 privacy tools, NFTs, cryptocurrency platforms, blockchain technology, and DeFi.

TORTOLA, British Virgin Islands, July 5, 2023 — According to McKinsey’s Web3 report, the financial-services industry has primarily adopted some of these nascent digital technologies and assets. At its peak, the daily volume of transactions processed on so-called decentralized finance exchanges exceeded $10 billion, with various market fluctuations felt in the last twelve months, providing entry and exit opportunities for investors and market participants.

Remittances, asset swaps, trade finance, and insurance have all begun to employ smart contracts to achieve automation efficiencies. At the same time, lending, a vertical we are interested in, may demonstrate one of the most effective implementations of Web3 to date.

Global Millennial Capital Ltd (“Global”), an emerging technology and digital assets investment manager, has established itself as a venture capital firm with a track record in investing in fintech and web3 companies since 2020. The recently launched initiative, Global Millennial Web3 Investment Program, aims to accelerate emerging companies to their full potential.

Andreea Danila,  Founder, and General Partner at Global Millennial Capital Ltd., shared:

“We are thrilled to announce the launch of our investment program aimed at investing and accelerating visionary technology companies operating in the Web3, Defi, and blockchain verticals, with a specific emphasis on financial services applications, among others. In addition to the typical acceleration program benefits, which include mentorship, hackathons, regulatory sandbox conversations, and strategic ecosystem connections, Global will deploy its resources to enable Series A companies to access various markets across the Middle East and Africa, from the United Arab Emirates.”

What is the Global Millennial Capital Web3 Accelerator Program?

Global Millennial Capital Web3 Acceleration Program is designed to accelerate technology companies in defining and reshaping business models and economics and creating a network of global ecosystem relationships in the United Arab Emirates. The program will provide one-on-one mentorship, organize hackathons, explore testing and security, and connect with regulators, ecosystem participants, and investors. Global will invest up to $250,000 per company; ten companies are expected to be selected during the program.

How to Participate in the Web3 Accelerator Program?

Global is looking to partner with early-stage technology companies operating in data ownership, Web3 privacy tools, NFTs, cryptocurrency platforms, blockchain technology, digital entertainment, and DeFi, among other opportunistic verticals.

Global invites early-stage companies from around the globe to submit their business plan and pitch deck at https://globalmillennialcapital.com/web3-program/.

An Inclusive and Sustainable Future in Venture Capital Using Data-Driven Investment Decisions

Various digital transformations have led to exponential growth in machine-readable information, or digital data, over the internet. Knowing the impact of the digital economy, Global adopts data models, natural language processing, and artificial intelligence tools to enhance the traditional investment process. Global believes that digitalization has encouraged new forms of collaboration among economic agents in the sharing economy, which has a disruptive impact on the role of conventional financial institutions. The investment style adopted by Global is highly inclusive, leading to improved socioeconomic outcomes through venture capital investments.

About Global Millennial Capital Ltd.

Global Millennial Capital Ltd is the first venture capital investor to introduce the concept of data science in the traditional investment process to create thematic investment themes and artificial intelligence-led investment recommendations. As an active investor in the global fintech sector, which comprises companies operating in the fintech, web3, blockchain, and AI verticals referred to as the “new economy technologies,” Global Millennial Capital Ltd is investing from Fund I ($25 million) in early and growth stages, using a diversified investment strategy targeting risk-adjusted returns while seeking alpha returns with downside protections. As a long-term partner of the entrepreneurs, we deploy value-creation strategies across cycles for our portfolio companies to enhance critical drivers of scalability and profitability, such as access to capital and global markets. Our mission is to generate venture capital returns along with social capital. More information can be found at: https://globalmillennialcapital.com/.

Photo – https://mma.prnewswire.com/media/2147219/Global_Millennial_Capital.jpg

SOURCE Global Millennial Capital Ltd.

SINGAPORE, July 5, 2023 — VentureBlick, a global venture platform for healthcare innovation, announces the successful closure of its first two deals, securing a total of US$2.6 million for two startups despite a challenging funding environment. This achievement is a testament of VentureBlick’s distinctive approach of engaging the global medical community to validate, support, and invest in early-stage healthcare startups.

Exceeding expectations, VentureBlick raised US$1.6 million for NousQ, a Singapore-based startup revolutionizing glue ear surgery with the world’s first smart robotic handheld device. This oversubscription, surpassing the initial target by 60%, demonstrates investors’ strong confidence in medical innovations that address real medical needs and possess a clear clinical use case. The second deal, for a China-based healthcare startup, closed at over US$1 million. Both startups were put through a three-step vetting process, which includes systematic review by medical and industry experts from respective areas across the globe, before they were listed on the platform.

Dr Lynne Lim, Founder & CEO of NousQ, expressed her enthusiasm, stating, “We are thrilled to have surpassed our fundraising target on the VentureBlick platform. This US$1.6 million bridge funding is a significant step towards our ultimate fundraising goal of US$5.5 million for our current ongoing Series A fundraise. Getting such positive responses from fellow doctors and investors around the world means a lot to our team. Equally exciting is the opportunity to tap into VentureBlick’s extensive healthcare expertise and resources.”

Building on this success, VentureBlick is evolving its business model into a ‘Super Incubator’ model, which provides an end-to-end, fully customizable solution to help build, test, and market medtech innovations, with successful exits or commercialisation as the ultimate goal.

Chris Lee, Founder & CEO of VentureBlick, emphasized the importance of this evolution, stating, “Medtech presents unique challenges and opportunities. We found that existing venture support models like incubator or accelerator programs often lack industry-specific focus or cover only certain aspects or growth stages. This leaves significant gaps, uncertainties, and risks to all stakeholders involved in a startup’s development. Super Incubator for VentureBlick is not another of those programs, but how we are going to redefine medtech venture building. What we offer medtech startups is a tailored medtech-centric ecosystem and full-slate support model to enable their innovations to reach the market in the shortest time possible and create most tangible impact.”

VentureBlick will officially launch its Super Incubator in September 2023 and is currently raising funds for the new model. The Super Incubator promises to streamline the startup journey from ideation and testing to venture building and market success. Its comprehensive offering includes product demand validation at the very beginning, fundraising, design and manufacturing, healthcare partnerships, product trial and assessment, health economics and reimbursement strategy, as well as market mapping and access.

As part of its new model, VentureBlick is also launching its medical advisory business, offering expertise in evaluating investments or M&A deals from a medical perspective on behalf of corporate ventures, VCs, or government bodies. One of the largest corporate conglomerates in the world has retained VentureBlick to assess its potential investment deals in the healthcare sector. They will tap into VentureBlick’s global advisory network, which consists of more than 1,000 advisors who have been individually screened and vetted from more than 50 countries covering over 30 specialty areas. The advisor pool will be further expanded to 3,000 by the end of 2023.

With a strong foundation established and an impressive pilot programme, VentureBlick is well-positioned to continue driving and supporting innovation in the healthcare sector with its new business model, ultimately improving healthcare outcomes worldwide.

About VentureBlick

VentureBlick is a Super Incubator for medtech startups, providing a fully customisable one-stop solution to build, test, and market innovations with the ultimate goal of successful exits or commercialisation. Leveraging its global advisor network, strong in-house capabilities, and specialised partners, VentureBlick streamlines the startup journey, from ideation and testing to venture building and market success. The company is headquartered in Singapore with a presence in Australia, China, Germany, India, Korea, and USA. Join us in shaping the future of healthcare at www.ventureblick.com.

SOURCE VentureBlick