SANTA CLARA, Calif., Sept. 7, 2023 — Roambee, the global supply chain visibility and intelligence provider, proudly announces the appointment of George de Urioste as the newest member of its Board of Directors. This strategic move is poised to amplify the company’s trajectory as a leader in the supply chain technology space.

de Urioste’s illustrious career, spanning over three decades, is a testament to his profound      expertise in finance and operational leadership, coupled with his strategic insights. His exceptional background positions him as a catalyst for Roambee’s ambitious growth plans. With a history of pivotal roles, including CFO, COO, and board positions, at various public and private enterprises, de Urioste has consistently demonstrated his ability to guide companies through transformative phases. He has navigated an impressive track record of IPOs, substantial M&A deals, and capital-raising ventures, amounting to over $½ billion.

de Urioste’s profound influence extends far beyond the boardroom. His Hispanic heritage, coupled with his unwavering commitment to diversity and inclusion, harmoniously aligns with Roambee’s core values of inclusivity and innovation. de Urioste’s appointment reaffirms Roambee’s dedication to fostering a diverse and empowering work environment that mirrors the broader world.

In response to his recent appointment, George de Urioste stated, “I am thrilled to join Roambee’s dynamic team at this crucial juncture. Roambee’s commitment to innovation and its relentless pursuit of delivering exceptional value align perfectly with the principles that have guided my career. I eagerly look forward to contributing my expertise in steering Roambee’s ambitious growth and shaping its strategic evolution.”

Sanjay Sharma, CEO at Roambee, emphasized the value of de Urioste’s addition, stating, “George’s appointment significantly enhances our board’s collective expertise and strategic vision. His impressive background in finance, coupled with his track record of navigating growth and transformation, aligns seamlessly with Roambee’s ambitions. We are excited to tap into George’s unique insights and experiences as we chart our course to enable the autonomous supply chain.”

Roambee continues to redefine the landscape of supply chain intelligence through pioneering solutions that empower businesses across industries. de Urioste’s appointment to the board serves as a testament to Roambee’s steadfast commitment to leveraging top-tier expertise to drive its ambitious growth objectives as mentioned in the company’s latest newsletter for H1 2023.

About Roambee

Roambee is a supply chain visibility & intelligence provider enabling on-time, in-full, in-condition delivery of shipments and assets anywhere in the world. 300+ enterprises are improving customer experience, service levels, product quality, order-to-cash cycles, business efficiencies, sustainability, and automating logistics with Roambee’s real-time insights & foresights. More than 50 of them are the top 100 global companies in the Pharma, Food, Electronics, Chemicals, Automotive, Packaging & Containers, and Logistics sectors. Roambee’s innovative AI-powered platform, and end-to-end monitoring solutions, deliver reliable business signals built on item-level, firsthand IoT sensor data and non-sensor inputs. The outcome is 70% better multimodal ETAs, OTIF deliveries, 80%+ cold chain compliance, and more, including 4X+ ROI on supply chain asset performance.

For more information, visit Roambee.com or connect on LinkedIn.

Media Contact:

Susana Leiser
Warner Communications for Roambee
Email: [email protected]
Phone: +1 786-403-8393

SOURCE Roambee

Former MLB Exec Creates Dynamic Hub to Deliver All-in-One Sports Experience; $1.6M in Pre-Seed Funding from Miami FC and Series A Owner, IMG and Entourage veteran sports executive, and Astralis Capital

SAN FRANCISCO, Sept. 7, 2023 — Takes, an innovative, all-encompassing sports experience app, today announced its official launch out of beta on the heels of a $1.6M pre-seed raise. Backed by industry heavyweights including Riccardo Silva, Co-Owner of AC Milan and Miami FC; along with co-founder of MP & Silva (MPS) and sports business veteran, Carlo Pozzali; Astralis Capital, a digital sports and gambling focused fund managed by Tisno Onggara and Evan Meyer; and Joe Inzerillo, CPO + CTO at Sirius and Tech Visionary behind MLBAM & BAMTech. Takes is putting interactive, crowdsourced, and snackable content in the hands of sports fans everywhere – with initial users at 15+ launched college campuses nationwide.

Developed by former MLB and Amazon product executive, Michael Iams, Takes is a dynamic hub where fans can share their own sportscaster-quality video commentary, engage with friends and other fans, make live predictions and browse highlights, stats, and analysis.

“Sports have always been about those exhilarating moments that captivate passionate fans,” said Iams, CEO and Co-Founder, Takes. “Takes amplifies these moments by making users feel like they’re at a sports bar with their best friends. With the ability to tap into AI-driven personalization, live interactions, and content co-creation, Takes meets the next generation of sports fans where they are — on their phones – whether at the game, watching live, or just looking for quick content or stats.”

Powered by advanced AI, Takes curates a feed of content tailored to users’ interests, whether it’s following a favorite team, tracking a fantasy league, or staying up-to-date about key players. Users connect with fellow fans as the game unfolds, fostering vibrant conversations and creating an engaging and inclusive sports community.

With a comprehensive suite of creator tools and real-time statistics available, Takes empowers users to step into the role of color commentators, with picture-in-picture editing, telestrators to mark up live plays, and augmented reality filters to express fandom.

“Existing social platforms often fail to cater effectively to the needs of Gen Z sports fans,” said Liz Ludwig, COO and Co-Founder, Takes. “This younger demographic craves more than passive content consumption: they yearn for interactive and personalized experiences that are integrated into their digital-native lifestyle. Takes answers this call by allowing fans to not only watch, but to also participate in and communicate about the games they love in real-time.”

To join the Takes revolution and experience the future of sports interaction, visit: www.takes.live

About Takes:

Founded in 2021 by Michael Iams and Liz Ludwig, Takes is a pioneering sports-focused social platform built to bring people together around their shared love of sport. Emulating the camaraderie found in a sports bar, the platform offers a shared, immersive experience where fans revel in games together. Real-time game feeds leverage generative AI to curate up-to-the-minute stats and organize posts around the moments that matter in sports, while innovative creator tools, allow fans to express their true sports passion. By resonating with the full spectrum of Gen Z sports enthusiasts, Takes provides an unparalleled opportunity for brands to engage authentically with this audience while enabling creators to monetize their unique Takes within a dedicated fan community. Download Takes here and follow on LinkedIn and Twitter.

Media Contact:
Alexandra Pony
250.858.0656
[email protected] 

SOURCE Takes

aelf Ventures is adopting a vertical and stage-agnostic approach to pledge comprehensive support to innovative Web3 projects.

SINGAPORE, Sept. 7, 2023 — aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability, announces the launch of aelf Ventures with an aelf Ecosystem Fund of $50 million.

This bold step resonates with aelf’s mission to create a highly efficient and interoperable future, marked by strategic investments in pioneering teams propelling the transition from Web2 to Web3. The initiative also nurtures innovative blockchain projects within the aelf and multichain ecosystems.

“As we navigate the path toward a decentralised Web3 era, aelf Ventures stands as a guiding light for extraordinary minds and groundbreaking projects. Our mission is clear: to champion those who share our vision, investing in founders driven by passion and ideas that resonate with the essence of aelf. The remarkable journey of aelf Ventures is exemplified through notable investments like Crystal Fun and Mythic Protocol, projects that exemplify our dedication to seamlessly transition Web2 users to thrive in a decentralised Web3 future,” said Hazel Zhang, Head of Investments at aelf.

aelf Ventures is led by a cohort of accomplished experts and trailblazers in the crypto sphere. The eminent objectives of aelf Ventures encapsulate:

• Thesis: aelf Ventures materialises as a pivotal arm, uncovering fresh investment opportunities within Web3 and harnessing its potential as a high-performance Layer 1 venture for standout projects within the bustling blockchain realm.
• Investment Approach: With a keen focus on growth stage transition (Web2 to Web3) and novel possibilities, aelf Ventures champions transformative ventures within both aelf and multichain ecosystems.
• Dual-Track Investments: aelf Ventures embarks on both strategic and financial investments in promising blockchain startups and established crypto enterprises. These investments fortify these enterprises’ growth and foster symbiotic relationships and collaborations within the crypto landscape.

aelf Ventures aims to extend its reach into venture investments spanning diverse sectors, targeting avant-garde projects with visionary founders in alignment with pursuing a decentralised future. The fund favours blockchain innovation, addressing substantial market needs in the Web3 space, including but not limited to Gaming, DeFi, NFTs, and Public Goods.

aelf Ventures has invested in Crystal Fun, a decentralised Web3 game ecosystem aimed at converting Web2 game players into Web3 users through high-quality games, and Mythic Protocol, a protocol building a first-of-its-kind collaborative entertainment, allowing the community to contribute and develop a collaborative universe. Aelf Ventures has also incubated projects like Portkey, a social recovery account abstraction wallet; eBridge, a cross-chain bridge; Forest NFT Marketplace, an NFT marketplace; Awaken Swap, a decentralised exchange (DEX); EWELL, an initial DEX offering (IDO) platform; and BeanGo Town, a casual NFT game.

Stay updated on aelf’s news and engage with the aelf community on:
Website: https://aelf.com 
Telegram: https://t.me/aelfblockchain 
Discord: https://discord.gg/bgysa9xjvD   
–

About aelf

aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability. aelf blockchain is designed to power the development of Web3 and support its continuous advancement into the future. Founded in 2017 and headquartered in Singapore, aelf is one of the pioneers of the mainchain-sidechain architecture concept. Incorporating key foundational components, including AEDPoS, aelf’s variation of a Delegated Proof-of-Stake (DPoS) consensus protocol; parallel processing; peer-to-peer (P2P) network communication; cross-chain bridges, and a dynamic side chain indexing mechanism, aelf delivers a highly efficient, safe, and modular ecosystem with high throughput, scalability, and interoperability.

aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network. aelf is committed to fostering innovation within its ecosystem and remains dedicated to driving the development of Web3 and the adoption of blockchain technology.

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Disclaimer: The information provided in this press announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. aelf makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or reliability of the information provided in this press announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrency involve inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this press announcement, you agree to indemnify and hold aelf, its officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in connection with your use of the information or participation in aelevate. aelf reserves all rights not expressly granted in this press announcement.

SOURCE aelf

The women-led social enterprise pitch competition heads back to Motor City for its 5th Anniversary

DETROIT, Sept. 6, 2023 — 1863 Ventures, an independent, Black-led national business development nonprofit and venture capital accelerator and Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, are excited to announce the HI-HERImpact Pitch Competition, a shark tank style social entrepreneurship pitch competition, is headed back to its roots in Detroit for its 5^th Anniversary on Thursday, September 28th, 2023.

The competition has awarded grants totaling over $300,000 to various women-led social enterprises based in Detroit, Miami, Washington D.C. and Kansas City since its inception in 2018. Past winners have been invited to compete again, commemorating the last five years of growth and support for women entrepreneurs who are making an effort to solve issues within their community.

Among the 24 past winners, five finalists were selected to pitch their business in the HI-HERImpact anniversary competition for a chance to win a grand prize of $50,000. Encompassing a diverse array of sectors including consumer products, health, services and technology, this year’s competition features a dynamic lineup of competitors:

• Alecia Gabriel,based in Detroit is the innovator of The Lab Drawer which is dedicated to ensuring young individuals in disenfranchised communities have access to STEM education
• Anastasia Mikhalochkina, founder of Lean Orb Co. in Miami, provides sustainable solutions to combat single use plastics via compostable food packaging.
• Arion Long, based in Washington D.C. is the creator of organic period care brand, Femly.
• Brittany Rhodes, founder of Black Girl MATHgic in Detroit, provides a monthly subscription box that encourages confidence in math.
• Lisa Ragan, representing Kansas City has established allergy friendly snack brand, Safely Delicious.

“HI-HERImpact celebrates the unwavering spirit of women entrepreneurs who are driving positive change in their communities,” says 1863 Ventures Founder, Melissa Bradley. “This event is a testament to the power of innovation and collaboration, showcasing the incredible ideas and solutions that arise when diverse voices are given the platform they deserve. We are thrilled to come together with Ford Motor Company Fund and our partners to mark five years of supporting and empowering women-led social enterprises.”

This year’s event is set to take place in collaboration with Newlab @ Michigan Central, a support ecosystem for local Detroit startups and entrepreneurs to expand their businesses. The HI-HERImpact event will be open to the public and will provide a platform to network, learn and be inspired. In addition to the competition, 1863 Ventures will host an engaging panel discussion on the importance of social entrepreneurship with business leaders from the Detroit area. The event will also include a vendor showcase with local women-owned businesses for guests to explore and shop.

Winners will be determined by a distinguished panel of judges who will award prizes of $50,000 for first place, $25,000 for second place and $15,000 for third place. Adding to the excitement, this year’s competition will also include an audience choice winner which will be determined by both in-person attendees and those tuning in via the 1863 Ventures live stream on YouTube. This winner will receive a $5,000 grant towards their business needs.

To register for the HI-HERImpact Pitch Competition event please visit https://lu.ma/99kmiwki. For more information on 1863 Ventures please visit https://www.1863ventures.net.

About 1863 Ventures
1863 Ventures is a leader in providing culturally competent accelerator programs, non-dilutive financing, and mentorship to Black, Latino, and other historically underestimated entrepreneurs. By addressing the unique needs of this demographic, 1863 Ventures assists entrepreneurs in transforming high-potential business ideas into high-growth, profitable companies that generate jobs and wealth for their communities. Learn more at 1863ventures.net.

About Ford Motor Company Fund
As the global philanthropic arm of Ford Motor Company, Ford Fund focuses on providing access to essential services, education for the future of work and entrepreneurship opportunities for under-resourced and underrepresented communities. Ford Fund’s partnerships and programming are designed to be responsive to unique community needs, ensuring people have equitable opportunities to move forward. Harnessing Ford’s scale, resources and mobility expertise, Ford Fund drives meaningful impact through grantmaking, Ford Resource and Engagement Centers and employee volunteerism. For more information, visit fordfund.org or join us at @FordFund on Facebook, Instagram and Twitter. 

SOURCE 1863 Ventures

BARCELONA, Spain, Sept. 7, 2023 — We Venture Capital, the corporate venture capital operation of Werfen, announces its launch today.

We Venture Capital is the venture capital arm of Werfen committed to investing in diagnostics start-ups, as well as digital solutions and biotechnology, surrounding the diagnostics space.

Through a global reach, We Venture Capital invests primarily in Series A, and may also invest in Seed or Series B. With an early-stage focus, investments target start-ups close to market, or early market entrants ready to scale up.

We Venture Capital actively partners with its portfolio companies and supports their growth by leveraging its knowledge of specialized diagnostics worldwide.

Having an evergreen structure allows We Venture Capital to partner with portfolio companies to create long-term value all the way to the optimal point of exit.

Javier Gómez
Chief Financial Officer, Werfen

“We Venture Capital is further proof of Werfen’s commitment to the advancement of patient care through innovation. This vehicle allows Werfen to invest in early-stage companies, understand trends in healthcare, and be at the forefront of disruptive technologies that will shape the future of diagnostics.”

Louise Warme
Head of We Venture Capital

“Our investment team is truly passionate about partnering with start-ups that drive change and technological disruption in the diagnostics field, and we aim to become a leader in diagnostic venture capital. We want to thank everyone who has supported this launch and for bringing We Venture Capital to life.”

We Venture Capital currently holds 2 portfolio companies, operating within diagnostics and digital solutions/AI.

About Werfen

Werfen is a growing, family-owned, innovative company founded in 1966 in Barcelona, Spain.

We are a worldwide leader in specialized diagnostics in the areas of Hemostasis, Acute Care Diagnostics, Autoimmunity, and Transfusion and Transplant. Through our Original Equipment Manufacturing (OEM) business line, we research, develop and manufacture customized assays and biomaterials.

We operate directly in 30 countries, and in more than 100 territories through distributors. Our headquarter is in Barcelona, Spain, and our Technology Centers are located in the US and Europe. Worldwide sales exceed US$2.2 billion annually, and our workforce is more than 7,000 strong.

weventurecapital.com

Logo – https://mma.prnewswire.com/media/2201084/We_Venture_Capital_Logo.jpg

SOURCE We Venture Capital

• BlueWhale Bio Science Team led by world-renowned immunotherapy pioneers Carl June and James Riley of University of Pennsylvania
• BlueWhale Bio technology platform aims to bring cell and gene therapy benefits to patients faster and at lower cost
• Investors include Danaher Ventures, Novalis LifeSciences, Marshall Wace, Hillhouse Capital

PHILADELPHIA, Sept. 7, 2023 — BlueWhale Bio, Inc., a new company spun out of the University of Pennsylvania to overcome key bottlenecks in cell and gene therapy manufacturing, announced today that it has raised $18 million in Seed financing. The round was led by Danaher Ventures LLC, the corporate venture subsidiary of Danaher Corporation, with a deep syndicate of leading life science investors, including Novalis LifeSciences and Marshall Wace, amongst others.

With the demand for cell therapy products surpassing supply, BlueWhale Bio aims to address critical shortcomings in the current treatment paradigm. Its founding scientific team is led by world-renowned immunotherapy pioneers Carl June, the Richard W. Vague Professor in Immunotherapy at Penn’s Perelman School of Medicine, and James Riley, a Professor of Microbiology at Penn. June and Riley are co-inventors of technology to be developed by BlueWhale Bio as a platform and portfolio of groundbreaking products that could bring the benefits of cell therapy to more patients faster and at lower costs. The company will be based in Philadelphia and led by CEO Peter Keller.

“This is an exciting time in cell therapy. With an increased focus on growth and adoption, cell-based therapies can become the next pillar of medicine,” said June. “I am thrilled that together we are looking to develop and commercialize a new cell therapy platform to improve patient care and save lives.”

BlueWhale Bio is the first company to emerge from the Danaher Ventures Pioneer Program, which creates companies in partnership with leading technology founders with the goal of developing and commercializing highly disruptive products and services to advance scientific research and improve lives on a global scale. Through the Pioneer Program, founders and their startups may access the investing and company-building experience of the Danaher Ventures team as well as Danaher’s research, product development and commercial expertise.

“Among the most powerful advanced biomedical therapies and technologies, cell and gene therapies have the potential to transform healthcare – but only if we can make them more accessible to the many patients who may ultimately need them,” said Murali Venkatesan, Ph.D., Head of Danaher Ventures, Americas and Europe and Vice President, Science & Technology Innovation at Danaher Corporation. “We are proud that through the Pioneer Program we are bringing together transformative, world-class talent and resources to help address this critical challenge.”

Disclosures: 

The University of Pennsylvania has granted an option to BlueWhale Bio to enter into a license for rights to certain Penn intellectual property. Dr. June and Dr. Riley are consultants for and hold equity in BlueWhale Bio and may receive future financial consideration and sponsored research funding from BlueWhale Bio.

Dr. June is a member of the Danaher Scientific Advisory Board.

SOURCE BlueWhale Bio, Inc.

Strategy Focused on Infrastructure Projects That Deliver Decarbonization and Social Progress

MIAMI and MONTREAL, Sept. 7, 2023 — Power Sustainable, an alternative asset manager and wholly owned subsidiary of Power Corporation of Canada (TSX: POW), announces a US$600 million commitment for the Power Sustainable Infrastructure Credit (“PSIC”) strategy. Commitments to the strategy were made by subsidiaries of Great-West Lifeco (“Lifeco”).

The strategy seeks to directly originate, structure, and manage infrastructure credit assets that demonstrate positive sustainability characteristics. PSIC targets investments in the energy and decarbonization, transportation and logistics, digital infrastructure, social infrastructure, and utilities and recycling sectors.

“We are delighted to enter this long-term partnership with Power Sustainable. This is a compelling opportunity for us to invest across sectors which are driving decarbonization and social progress, while also capturing attractive risk-adjusted returns,” said Raman Srivastava, Global Chief Investment Officer for Lifeco. “We were impressed with the experience of the PSIC team, the quality of investment opportunities they are able to source, and their risk-minded approach.”

Tom Murray, PSIC Managing Partner, has more than 30 years of infrastructure financing experience, having previously led similar strategies at I Squared Capital and Apollo Global Management. Based in Miami, the team includes Daniel Fein as Principal, Ben Shenwick as Vice President, and Vitaliy Koretskyy as Senior Associate – all of whom worked extensively with Tom in prior roles. PSIC have also added Jim Moore, the former CEO of Atlantic Power Corporation, as Operating Partner, and Tom Danielsen as Head of Investor Solutions, who joins from Macquarie Asset Management.

“We believe that infrastructure credit is well-positioned to deliver favorable risk-adjusted returns with substantial downside protection,” said Managing Partner, Tom Murray. “The tailwinds supporting a transition to a less carbon-intensive society are providing an abundance of attractive projects in the sector, and we believe infrastructure credit presents a compelling opportunity for institutional investors.”

Power Sustainable’s Chairman and CEO, Olivier Desmarais, said, “Bespoke lending for infrastructure has a pivotal role in building a strong, low carbon economy. There is a generational opportunity – and need – for private capital to finance infrastructure that advances decarbonization and positive social outcomes.”

About Power Sustainable

Power Sustainable is a sustainability-focused alternative asset manager with investment strategies for institutional clients in infrastructure credit, infrastructure equity, agri-food private equity, and public equities. Our purpose is to help our clients achieve their financial objectives while positively contributing to decarbonization; sustainable cities and communities; and improved energy and resource efficiency.

Power Sustainable has approximately C$3.3 billion of assets under management, with over 75 employees across its investment businesses and support functions.

Power Sustainable is a wholly owned subsidiary of Power Corporation of Canada, an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.

For inquiries, please contact [email protected]

About Great-West Lifeco Inc.

Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. We operate in Canada, the United States and Europe under the brands Canada Life, Empower, Putnam Investments, and Irish Life. At the end of 2022, our companies had approximately 31,000 employees, 234,500 advisor relationships, and thousands of distribution partners – all serving over 38 million customer relationships across these regions.

Great-West Lifeco trades on the Toronto (TSX) Stock Exchange under the ticker symbol GWO and is a member of the Power Corporation group of companies.

SOURCE Power Sustainable

Vascular Surgeons Stephen Black, MD, and Houman Jalaie, MD, PhD join VeinWay’s Scientific Advisory Board.

OR YEHUDA, Israel, Sept. 7, 2023 — VeinWay has closed an oversubscribed SAFE round of investment and has opened a series A round.

The funds will be used to complete all design verification testing and to prepare for VeinWay’s First-in-Human clinical trial of its Traversa system towards an FDA IDE trial planned for the first half of 2024.

VeinWay’s Traversa system is in development to empower physicians to overcome the highly challenging task and unmet need of crossing clogged veins to easily restore blood flow from the vein to the heart.   

Today’s news follows two successful compassionate use cases presented at the LINC conference in Leipzig, Germany in June 2023.  In the first case, Traversa demonstrated to help physicians save a patient’s leg and in the second case, restore function to another patient’s arm by enabling the treating physician to cross a previously uncrossable clogged vein.

“We are excited about VeinWay’s leadership, technology and business value proposition,” said Mr. Jordan Feiger, an investor in the SAFE round.

VeinWay also announced today that Stephen Black, MD and Houman Jalaie, MD, PhD have joined the company’s scientific advisory board.

Dr. Black is a Consultant Vascular Surgeon at Guy’s and St Thomas’ Hospital and a Professor of Venous Surgery at Kings College, London. He is the Site Lead for Surgery at Guy’s and St Thomas’ Hospital and the Co-R&D Lead for the Cardiovascular Directorate (Cardiology, Cardio-Thoracic and Vascular Surgery). He was the Clinical Lead for Vascular Surgery for 4 years (2019-2023). He is the Co-founder & Medical Director at UK Vein Clinic.

His principal clinical interest is the treatment of Venous Disease. He has established a large practice in the treatment of both Acute and Chronic Deep Venous Disease as well as superficial venous disorders and together with a comprehensive multi-disciplinary team of colleagues at Guy’s and St Thomas’ Hospital is part of one of the largest such services in Europe. He has led several global studies and is active in ongoing research and development in this field.

Dr. Black said, “We have seen significant growth in the venous space in the last 5-10 years. All the development has, however, focused on stents or thrombectomy devices. As the market matures, we need to see development in venous specific devices that make treatment easier and more effective. VeinWay is the start of that journey.”

Dr. Jalaie is the Head of the European Venous Center in Aachen. He is also the Director of the Venous Program of the European Vascular Course, an annual congress in Maastricht, The Netherlands. His specialties include the treatment of DVT and PTS.

Dr. Jalaie has been a principal or co-investigator in several DVT and PTS clinical trials. In addition, he has authored or co-authored more than 100 different scientific publications, abstracts, and book chapters and has delivered more than 400 guest lectures at national and international meetings.

Dr. Jalaie said, “I’ve seen first-hand the game-changing potential of VeinWay’s venous recanalization device. This is why I am joining the scientific advisory board of the company.”

About VeinWay

VeinWay is developing a device called Traversa, intended to provide physicians with a dedicated, purpose-built tool to create a pathway through a clogged vein to empower physicians to easily restore blood flow through the vein to the heart. Traversa is designed to expand the physician’s ability to safely cross a variety of complicated blockages that were previously un-crossable, as well as shorten the time to cross.

VeinWay addresses an annual market of more than 1.7M Deep Vein Thrombosis (DVT) patients, half of which will return with Post Thrombotic Syndrome (PTS) within three to five years and 68% of those will have fully blocked veins. Traversa is being developed by VeinWay as part of the MEDX Xelerator’s Entrepreneur-in-Residence program designed to promote breakthrough innovation. VeinWay is a portfolio company of the MEDX Xelerator, a medical device incubator backed by Boston Scientific, Sheba Medical Center among other investors.

Press Contact:

Marjie Hadad
General Manager
Must Have Communication & Consulting
On behalf of VeinWay
[email protected]
917-790-1178

Photo – https://mma.prnewswire.com/media/2204192/Jalaie_and_Black.jpg

SOURCE VeinWay

The investment will be used to accelerate Momofuku Goods’ mission to make home cooking more fun, enjoyable and delicious.

NEW YORK, Sept. 6, 2023 —Momofuku Goods, a line of restaurant-grade pantry essentials founded by David Chang, Marguerite Mariscal, and the team behind Momofuku, today announced a new $11.5 million funding round led by Alliance Consumer Growth (“ACG”), a leading consumer-focused growth equity firm. ACG was joined in this latest round by existing Momofuku Goods investor, Siddhi Capital. This new investment will help the Company to further accelerate the nationwide expansion of its popular products.

“Alliance Consumer Growth has a remarkable track record of supporting consumer brands that have gone on to become iconic, and we’re thrilled that they see similar potential in Momofuku Goods,” said Marguerite Zabar Mariscal, Co-Founder and CEO of Momofuku Goods and CEO of Momofuku. “We’re grateful to have ACG’s expertise, alongside Siddhi, as we continue to navigate the world of consumer packaged goods.”

Founded in 2019 and spun out of Momofuku in 2020, Momofuku Goods aims to redefine the American pantry by giving home cooks access to restaurant-grade flavors that make cooking more fun, enjoyable, and delicious. Its breakout product Chili Crunch was released to a 20,000-person waiting list in April 2020.

Today, Momofuku Goods includes additional iterations of Chili Crunch, best-selling Noodles, liquids such as Soy Sauce and Rice Vinegar, and Seasoned Salts — all inspired by the bold flavors that have become synonymous with the Momofuku brand. Beyond a thriving direct-to-consumer business, the brand can be found in more than 3,500 stores including Target, Whole Foods, Wegmans, and thousands of independent retailers.

“Momofuku Goods is one of the most exciting emerging brands in food. In our view, it’s the most authentic, trusted brand in its category, given David Chang’s role as one of the most accomplished chefs of this generation, and the company’s heritage of cult-favorite restaurants,” said Josh Goldin, Co-Founder of Alliance Consumer Growth. “Grocery consumers everywhere have just begun to discover Momofuku’s incredibly delicious and authentic products, which enable home cooks to make restaurant-quality food in minutes. We’re thrilled to be part of this journey with David, Marguerite, and the amazing Momofuku Goods team.”

About Momofuku Goods
Momofuku Goods seeks to reimagine America’s pantries with restaurant-grade flavors that make cooking more fun, enjoyable, and delicious. Created by David Chang, Marguerite Mariscal, and the team behind Momofuku, all Momofuku Goods products are inspired by the flavors and techniques used in the group’s restaurants. Products include its Chili Crunches, air-dried noodles, sauces and Seasoned Salts, all of which can be found in more than 2,000 doors nationwide, as well as retailers online. To learn more and shop the line, visit shop.momofuku.com. 

About Alliance Consumer Growth
Alliance Consumer Growth (“ACG”) is a leading growth equity firm, providing capital and value-added partnership to promising emerging consumer product and retail brands. Since its founding in 2011, ACG has built a track record of identifying and backing some of the most disruptive consumer brands of the past decade, across food, beverage, beauty, personal care, pet products, apparel & accessories. ACG has offices in New York City and Los Angeles.  For more information please visit www.acgpartners.com.

SOURCE Momofuku Goods