Advanced Automation Technology

Mujin has developed the universal MujinController, which upgrades standard industrial robots from any manufacturer into intelligent machines capable of automating a variety of manufacturing and logistics processes.

“We are impressed by Mujin’s unique approach to robotic intelligence, which enables faster and more efficient automation than alternative solutions,” said Anis Uzzaman, Founder & CEO of Pegasus Tech Ventures. “We are very excited about the next phase of the company’s expansion, as Mujin accelerates its growth in the US market.”

Market Leadership

Mujin is already the fastest growing robotics company in Japan and continues to develop advanced technologies to enable Mujin controlled robots to address a widening number of applications for automation in manufacturing, logistics, and warehouse operations. To date, the MujinController supports more than 1,000 systems in production.

With the $85 million of new investment capital, Mujin plans to accelerate its growth within the U.S. and continue to expand the business in Japan and in other geographies.

Future Vision

Mujin’s platform continues to drive efficiency and productivity, reshaping industries and laying the foundation for a future where automation plays a pivotal role in all workplaces. With a strong commitment to eliminating mundane and hazardous tasks, Mujin envisions a world where workers can focus on more valuable and meaningful tasks. As Mujin embarks on this new chapter of growth and innovation, the company remains committed to delivering cutting-edge automation solutions that transform industries and drive operational efficiency worldwide. 

About Pegasus Tech Ventures

Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley with over $2 Billion in assets under management. Pegasus offers strategic and financial capital to emerging technology companies around the world. In addition to offering institutional investors a top-tier venture capital investment approach, Pegasus also offers a unique Venture Capital-as-a-Service (VCaaS) model for large global corporations that wish to partner with cutting-edge technology startups. Some of the 35+ corporate partners that have partnered with Pegasus include ASUS, Aisin, SEGA, Sojitz, and Niterra. Pegasus has invested in over 250 companies around the world, including SpaceX, Twitter, Airbnb, SoFi, Doordash, 23andMe, Color, Carbon, and many more. For more about Pegasus Tech Ventures, please visit:  https://www.pegasustechventures.com/

About Mujin

Mujin, a robotics technology company, develops intelligent robot controllers that improve the efficiency and cost-effectiveness of industrial and collaborative robots used to automate manufacturing and logistics tasks, such as pick-and-place applications. Launched in Tokyo in 2011 with additional offices in China and in the U.S., Mujin works with many of the world’s largest companies to make material handling applications easier to deploy, more accurate and less costly. The company’s flagship product, the MujinController, uses machine intelligence technology to give robotic systems real-time decision-making ability that enables truly autonomous, reliable, and production-capable robot applications. For more about Mujin, please visit:  https://mujin-corp.com/

SOURCE Pegasus Tech Ventures

Funding will fuel growth of the only iPaaS provider focused on integrating the tech stack of finance and accounting teams at small to medium-sized organizations and high-growth enterprises.

STOWE, Vt., Sept. 20, 2023 — DataBlend, the leading finance-focused Integration Platform-as-a-Service (iPaaS) provider announced today that it raised seed funding led by FreshTracks Capital and The Dudley Fund.

“DataBlend is truly unique in that it brings the power of iPaaS to accounting and finance teams at small- to-medium organizations and high-growth enterprises. DataBlend’s growing list of customers and partners demonstrates the effectiveness of its focused strategy and robust solution. FreshTracks’ investment in DataBlend reflects our confidence in the team’s ability and commitment to empowering finance professionals to automate dataflows across their tech stack, streamlining operations and allowing them to make better data-driven decisions,” said Lee Bouyea, Managing Director at FreshTracks Capital.

Ethan Carlson, Founder of DataBlend, expressed his excitement as investors from Vermont joined the company’s mission to provide secure and stress-free data integrations for finance and accounting professionals. As a native of Vermont, Carlson finds it exciting to see the local investment community supporting his company’s vision. “As a former CFO, I founded DataBlend with the sole purpose of making it easy for other CFOs, controllers, and their teams to connect the applications they use every day, without having to rely on IT. To make this happen, we set out to build a solution that is cost-effective, secure, and easy to implement. With the support of FreshTracks and Dudley Fund, we will continue to enhance our product and expand its use at organizations across the US, Europe, and Australia.”

DataBlend has experienced rapid growth in the last two years. Its customer base has expanded to more than 600 organizations and its partner network has expanded to more than 25 resellers, including RKL eSolutions, SWK Technologies, Wipfli, and Net at Work, as well as other software publishers including Fluence Technologies.

“The Dudley Fund is committed to helping entrepreneurs build impactful companies here in Vermont. We’ve partnered with Ethan and the team at DataBlend to support them as they accelerate operations and take root here in the state. DataBlend’s capabilities around data integration and automation provide a superior market offering for accounting and finance leaders and I’m excited for the Dudley Fund to play a part in DataBlend’s strategic growth,” said John Antonucci, Managing Partner at Dudley Fund.

“DataBlend has reached a significant milestone by securing our seed funding. This round adds to the financial support provided by our founder, Ethan Carlson, and strategic partner, J2 Interactive. These two early investors believed that there was a huge opportunity to work directly with finance and accounting teams. They were right and their support allowed us to attract a talented team, build an enterprise-level product, and gain momentum with our target audience,” said DataBlend’s CEO, David Furth.

About DataBlend:

DataBlend is an Integration Platform-as-a-Service (iPaaS) solution designed exclusively for CFOs, controllers, and their teams. Featuring a no-code, low-code workflow builder, DataBlend allows accounting and finance professionals to create secure and worry-free data integrations. Companies use DataBlend to collect and join data from multiple sources, build workflows (e.g., field-to-field mapping, pivot tables, and additional data transformations through virtually unlimited custom scripting possibilities), and schedule events.

Find out how DataBlend can help your organization at www.datablend.com

About FreshTracks Capital:

Founded in 2001, FreshTracks Capital is a Vermont-focused investment fund that uses venture capital to create positive economic and community impacts. Across its six funds, which total more than $65 million, FreshTracks has invested in more than 50 Vermont-based companies. The firm’s General Partners and Managing Directors are T.J. Whalen, Cairn Cross, and Lee Bouyea. FreshTracks is actively investing out of its early-stage fund, the FreshTracks Capital Green Mountain Fund, and its Growth Fund.

About The Dudley Fund:

The Dudley Fund is a Vermont based venture fund focusing on early and mid-stage companies with the potential to create economic impact in the state. With a network of more than 100 successful local business leaders the Dudley Fund provides critical first funding and business support to help founders accelerate their growth.   

SOURCE DataBlend

First-of-its-kind GenAI planning and visualization platform instantly creates customized layout alternatives and 3D virtual tours, reducing space planning turnaround time from weeks to minutes. Since launching last year, over 150 million square feet have already been designed and delivered to hundreds of users globally.

TEL AVIV, Israel, Sept. 20, 2023 — qbiq, the generative AI and visualization platform for real estate space planning, today announced that it has raised $10M in seed funding from strategic investors including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to instantly unlock the potential of any space and accelerate decision making. This new funding will continue to support qbiq’s rapid growth and deepen its market presence in the US.

Real-estate transactions rely on space planning decisions that are based on questions of fit, cost, and ROI optimization. This inherently creates the need for a quick turnaround time and high-scale architectural planning capabilities that can enable fast, space-driven business decisions. However, architectural planning is a long, manual process that has remained stagnant since the introduction of AutoDesk decades ago and remains one of the biggest bottlenecks in real estate transactions. Architects need to apply specific requirements within a given space and provide the best potential layout alternatives, considering best practices, building constraints and local regulations, while striving to optimize for cost, utilization, efficiency, and more. To this day, architects try to solve these complex Hard Combinatorial Geometrical problems by drawing space plans line-by-line, using drawing tools like AutoCAD, a  very long and time consuming process.

qbiq’s generative AI and visualization platform is delivering the most advanced technology for space design and optimization in the real estate industry, accomplishing in a matter of minutes, what used to take weeks. The platform allows its users to input any space layout and design requirements and seamlessly receive a full planning package with multiple optimized layouts and 3D visualizations, immediately unlocking the full potential of a particular space. With qbiq, brokers, landlords, and architects are now immediately able to tailor any space to any potential tenant, with any requirements. Tenants can make decisions more efficiently, brokers can close deals faster, landlords save money from reduced vacancy due to shorter deal cycles, and architects can boost their planning capacity.

“In an industry where the last significant technological leap happened over 30 years ago, we are long overdue for the next one,” said Leeor Solnik, CEO and Co-Founder of qbiq. “We are excited to bring one of the most cutting-edge generative AI technologies to the real estate industry for the first time. Since launching last year, our users have already experienced a significant boost in deal cycles and deal closing rates. Together with our strategic investors, we look forward to paving the way to real industry transformation.”

“qbiq’s AI-based platform enables our deep bench of global real estate advisors to provide exemplary client service with innovative software tools that accelerate transaction time across multiple JLL business lines. Not only do we expect to increase our volume and closure rates with qbiq’s planning and design solution, but our partnership will contribute to the language model with the sheer amount of data available at JLL and position qbiq as a dominant market leader,” adds Raj Singh, Managing Partner of JLL Spark.

qbiq’s platform is based on multiple layers of technology, including an AI layer that is loaded with a vast amount of architectural planning data and best practices, geometrical optimization engines, parallel cloud computing and a regulation layer. Once users submit their preferences on qbiq’s platform, the AI engines generate thousands of different alternatives and compare the results within seconds. When the optimal alternative is finalized, the platform automatically produces high-res 3D virtual tours, enabling full visualization of the new space from the inside.

“qbiq enables us to produce test fits in 24-48 hours instead of one to two weeks, facilitating quicker decision-making and reducing costs for our team. It’s the most effective technology we’ve experienced for rapidly generating space plan scenarios” added Luigi Sciabarrasi, AECOM Senior Vice President, Global Real Estate.

To date, qbiq has already delivered over 150 million square feet of AI-designed office space layouts to hundreds of users globally, including some of the biggest names in the industry such as JLL, CBRE, Colliers International, Cresa, Perkins & Will, AECOM, Avison Young and many more. Demand for planning has been tripling every few weeks and the number of users of qbiq’s platform has quadrupled since the beginning of 2023. 

About qbiq

qbiq harnesses the power of generative AI to create space plans and 3D virtual tours for any space, at any scale. With qbiq, tenants can make highly informed decisions, brokers close more deals faster, landlords increase ROI from reduced vacancies due to shorter deal cycles, and architects can boost their planning capacity. qbiq was founded in 2019 by Leeor Solnik, Elad Kaminer and Noam Diamantstein, all of whom have extensive experience in bringing disruptive technologies to market. qbiq is headquartered in Tel Aviv, Israel with offices in New York and Miami. For a video demonstration, please click here. For more information visit, https://qbiq.ai/.

SOURCE qbiq

MINNEAPOLIS, Sept. 19, 2023 — Kyros, the Minnesota-based technology platform providing Substance Use Disorder (SUD) recovery services, has announced that it has raised an additional $10.5 million in funding to expand access to life-saving services. Existing investor Rally Ventures led the round.

Since launching in 2021, the company has focused on removing barriers to Substance Use Disorder recovery, primarily through connecting individuals who need help with Certified Peer Recovery Specialists (CPRS) who serve as their mentors and advocates. However, the challenges faced by people struggling with addiction are not confined within the four walls of a treatment center – where CPRSs have historically worked with their clients – but are experienced throughout their daily lives, in the communities where they live.

Kyros’ technology-enabled approach to peer recovery services is providing effective and scalable support by meeting individuals where they are physically, emotionally, mentally and culturally within their communities. This community-based, partnership approach works to remove the practical barriers to recovery, elevate and amplify the work already being done by organizations across the industry. Clients are met at times and places that work for them, an average of 4 times per week, to develop and work through individualized wellness plans to achieve the goals that are relevant to their lives and recovery.

“Kyros is defining the next generation of recovery by recognizing that preventative care happens more and more outside the four walls of a treatment center,” Daniel Larson, president and CEO of Kyros, said in a statement. “Our community-based approach, combined with the data analytics enabled by our technology platform, is incredibly powerful. We’re enthusiastic about channeling our investments into broadening access to services for more individuals in need, as well as advancing the refinement of tools crucial to enhancing both client and service provider outcomes.”

“Kyros is demonstrating the ability to significantly move the needle on client health outcomes by filling the gaps inherent in the existing industry model,” said Justin Kaufenberg, Managing Director at Rally Ventures. “Kyros has become a critical partner for industry incumbents to efficiently manage peer recovery services, so they can remain focused on their core mission and services. Our continued support is a commitment to fostering innovation that doesn’t just drive financial success, but also drives meaningful, lasting impact”.

Kyros’ success as a digital solution for the recovery space is reflected in over 5,000 clients served in the last 24 months and over 400 CPRS who have provided those services. In addition to peer recovery services, Kyros is also expanding access to same-day, virtual comprehensive assessments to provide those who are ready to get help an immediate pathway to receive it.

About Kyros
Kyros is the first of its kind digital platform for recovery services, harnessing the power of technology to connect and empower clients, providers and organizations. The pioneering digital interface provides tailored experiences for clients by fostering connections in person and online with providers, and streamlines access to business services like liability insurance, billing, payments, technology, and clinical supervision. Founded in 2021 by Daniel Larson, after he encountered obstacles in his own journey with substance use disorder, Kyros’ mission is to increase positive outcomes for the millions of Americans managing their own recovery or dedicating their lives to helping others find support and wellbeing.

Click here for more information on Kyros

SOURCE Kyros

This new funding accelerates Mapbox efforts to bring AI into the car, with new ADAS features for automated driving and safety that work across a wider range of roads and more geographic locations. The unique Mapbox map allows vehicles and devices to share 28 billion global daily map detections. With an increasingly sophisticated set of sensors inside vehicles, automakers need embedded AI processing to enable fast decision making.

“It’s this combination of data and AI processing that is unique to Mapbox,” said Mapbox CEO Peter Sirota. “It’s what allows us to satisfy our customers’ needs across automotive, logistics, business intelligence, and mobile apps. This investment will allow Mapbox to bring its AI technology closer to the sophisticated camera and LiDAR sensors inside the vehicle, so split-second decisions can be made with the best data possible.”

Mapbox will leverage its real-time map to give automakers the required data and AI to comply with new safety standards such as Europe’s GSR and NCAP. The AI map also plays a role in automotive electrification by integrating with in-vehicle battery systems to monitor energy consumption, intelligently forecasting range, suggesting charging stations based on real-time availability, and facilitating secure payment processing.

Beyond automotive, delivery companies will gain access to local details that efficiently guide drivers to destinations. App developers gain richer 3D map content to create engaging virtual environments in travel, fitness, and weather. And companies of all kinds can leverage the live map to analyze how their business performs through the lens of location intelligence.

“We believe Mapbox is unlocking entirely new applications for AI in the car,” said Vikas Parekh, Managing Partner for SoftBank Investment Advisors. “As AI-driven location features become increasingly sophisticated and computationally demanding, I’m thrilled to see SoftBank’s broad portfolio of companies help Mapbox bring those to market faster.”

Mapbox will be providing new product announcements at SoftBank World 2023 in Tokyo on October 4th – 5th.

About Mapbox
Mapbox is the technology underpinning location-aware businesses and applications. Mapbox equips organizations with AI-enhanced tools and data to power navigation for people, packages, and vehicles everywhere. More than 4 million registered developers and nearly 40 percent of Fortune 500 companies have chosen Mapbox because of the platform’s flexibility, security, and privacy compliance. Organizations use Mapbox applications, data, SDKs, and APIs to create customized and immersive experiences that delight their customers.

For more information, visit www.mapbox.com.

SOURCE Mapbox

Launches Yotta Vision to Enhance solar system management

AUSTIN, Texas, Sept. 19, 2023 — Yotta Energy, a leading provider of innovative solar+storage solutions, announced it raised an $8 million funding round led by Evergy Ventures and with participation from strategic investors BlueScope and Cricetus Felix Ventures and existing investors Copec WIND Ventures, EDP Ventures, Doral Tech Ventures, and the SWAN Impact Fund.  The funding will help the company scale up manufacturing and accelerate the deployment of its SolarLEAF battery technology.

Addressing the Growing Market for Commercial Solar Installation
As the world continues prioritizing sustainability and environmental responsibility, the demand for renewable energy solutions in the commercial building sector has experienced exponential growth. Solar energy has become increasingly attractive to businesses looking to reduce their carbon footprint, mitigate energy costs, and improve energy resiliency. Recent data indicates that solar installations on commercial buildings have seen impressive year-over-year growth of more than 30% since 2016, underscoring the immense potential and untapped opportunities in this market segment.

Yotta’s Combined Solar+Storage Solution Can Save Customers Time and Money
Yotta Energy’s proprietary solar+storage architecture has emerged as a game-changer for commercial buildings, addressing one of the most significant challenges in solar energy utilization—intermittency. The company’s energy storage technology is the only system designed to be streamlined and installed alongside solar Photovoltaic systems. Doing so saves significant time on technical design and construction, saving customers up to 40% over energy storage as a separate project. Yotta is increasingly building up a network of certified developers and installers, including Teylon and E2SOL deploy solar+storage architecture to some notable national retailers.

“We are thrilled to partner with Yotta Energy on their journey to transform the commercial building sector with their innovative solar+storage technology,” said Brock Smith, Managing Director at Evergy Ventures. “Yotta’s unique approach to addressing intermittency challenges in solar energy is truly game-changing, and we believe it aligns perfectly with our vision of advancing clean and sustainable energy solutions. We are excited to support Yotta Energy as they expand their commercial deployment and contribute to a greener, more resilient energy future for businesses around the world.”

“This new $8 million funding round, reinforces Yotta Energy’s position as a leading player in the solar+storage domain,” said Omeed Badkoobeh, CEO of Yotta Energy. “With the growing interest within this market for solar, ESS and EV Charging, and our recent entry into the GSA Green Proving Ground, a program that will give us access on deploying our technology across government buildings, we think Yotta Energy is exceptionally positioned to deliver not only the best project economics but also deliver this at scale. With Evergy Ventures as our strategic partner, we are confident in our ability to drive positive change and make a lasting impact on the global transition to renewable energy.”

Announces Launch of Yotta Vision
The company also announced the launch of its new product, Yotta Vision. The product is a monitoring platform designed to enhance solar system management. With its capability to analyze individual solar modules and micro-inverters, it enables remote access to a solar array. Real-time communication, performance issue alerts, Temperature monitoring, and dynamic graphs of solar output empower efficient troubleshooting and optimization, ensuring its clients’ solar investments thrive.

About Yotta Energy
Headquartered in Austin, Texas, Yotta Energy is delivering a green future with ‘Energy Made Simple’ solutions that incorporate solar, energy storage, and electric vehicle charging technologies into commercial buildings. Yotta has developed a unique PV-Coupled™ architecture, a smart energy storage solution designed to scale with rooftop solar PV projects effortlessly, in addition to a number of electric vehicle charging products to create a holistic ecosystem of renewable energy technologies. Yotta’s technology features advanced thermal management to maintain an optimal working temperature even under extreme outdoor conditions. As an integrated software plus hardware solution, Yotta also helps address grid outages by enhancing grid resilience and reliability. Yotta’s technology allows for a much lower total installation cost for rooftop solar-plus-storage and EV charging infrastructure than any other current providers. Learn more at www.yottaenergy.com.

About Evergy Ventures
Evergy Ventures – formerly known as GXP Investments (GXPI) – is the non-regulated investment affiliate of Evergy, Inc., the electric utility serving approximately 1.6 million customers in Kansas and Missouri. Its investment portfolio includes a wide range of businesses, and they are particularly focused on exploring unique opportunities that are aligned with Evergy’s core mission to foster energy that moves us forward. Evergy’s well-respected team of investment professionals has deep experience in both regulated and non-regulated energy solutions as well as investments, entrepreneurship and business strategy. For more information about Evergy Ventures, please visit: https://evergyventures.com/.

For media inquiries, please contact:
Mary Magnani
CodePR
[email protected]

SOURCE Yotta Energy

Leading the Silicon Valley Office, Dr. Strattan’s New Role Will Include Expanded Responsibilities for Deal Generation and Mentorship of Companies within the Two Bear Capital Portfolio

MENLO PARK, Calif., Sept. 19, 2023 — Two Bear Capital, the venture capital firm investing in disruptors in biotechnology, bioinformatics, healthcare IT, machine learning and AI, and information security, today announced the promotion of J. Seth Strattan, PhD to General Partner. In this new leadership role, Dr. Strattan will take on more responsibilities for identifying and securing investment opportunities and mentoring the growth and development of companies within the Two Bear Capital portfolio. He will work closely with Founder and Managing Partner Mike Goguen to chart the strategic course for the firm as it enters a period of expansion. Strattan leads the Silicon Valley office and is focused on the application of data science, software engineering, and genomics technologies to solve problems in medicine and biology.

Mike Goguen, Founder and Managing Partner said: “Seth Strattan has been an incredible partner to me and an asset to Two Bear Capital. Having deep domain expertise embedded into our investment team has distinguished us from other firms. Seth’s experience and insights not only help us identify opportunities in the marketplace but also mentor founders in a way that creates tremendous value. I look forward to seeing all that Seth can accomplish as he takes on an even greater leadership role within our firm.”

Strattan joined Two Bear Capital from Stanford University where he built and led engineering and data science teams in the Encyclopedia of DNA Elements (ENCODE), Human Cell Atlas (HCA), and International Human Epigenomics (IHEC) consortia. Previously, he held entrepreneurial and management positions in enterprise software and consulting. He brings to Two Bear Capital a passion for empowering collaborations between scientists and engineers to deliver durable, reproducible solutions to problems in genomics and health. Strattan holds a PhD in Structural Biology and a BA in Philosophy from Stanford University.

About Two Bear Capital
Founded in 2019 by Mike Goguen, Two Bear Capital is a venture capital firm that invests in brilliant entrepreneurs who have breakthrough ideas. With its unique approach to venture capital, Two Bear Capital’s vision is to build an ecosystem of support, economic opportunity and innovation that brings the most meaningful ideas to market in the form of enduring high-impact businesses that benefit society as a whole, while delivering for investors. The firm primarily focuses on early founder-led companies with disruptive innovations in biotechnology, bioinformatics, healthcare IT, machine learning and AI, and information security. Two Bear Capital has offices in Menlo Park, San Diego, Boston, and New York, with its home base in Whitefish, Montana. For more information visit: www.twobearcapital.com

Photo: Link here.
Photo Caption: Two Bear Capital General Partner J. Seth Strattan, PhD
Photo Credit: Courtesy of Two Bear Capital

Contact:
Susan Ainsworth
[email protected]
[email protected] 

SOURCE Two Bear Capital

Funding enables Mural Health to expand its Mural Link platform to modernize the clinical trial participant experience

BERWYN, Pa., Sept. 19, 2023 — Mural Health Technologies, Inc. a next-generation clinical trial participant management platform, today announced that it has raised $8 million in seed funding, led by Bessemer Venture Partners, with participation from Virtue VC, Operator Partners, Arkitect Ventures, Correlation Ventures, and Project Mayhem Ventures.

The investment empowers the company to accelerate the growth of its Mural Link platform which modernizes the clinical trial experience for both patients and caregivers.

Mural Health was founded in 2022 by Sam Whitaker, Jason Dong, and Shawn Milochik to modernize the clinical trial experience for participants and make it easier to take part in trials. Sam previously founded Greenphire, where he invented and commercialized the world’s first clinical trial payments technology, the ClinCard. Mural Health represents both a disruption to Sam’s original platform, and an expansion of functionality that leverages payments to manage and engage the participant. The company’s software platform, Mural Link, provides a next-generation payment tech that is artfully integrated with transportation, communication, and data collection functionalities.

Being in a clinical trial can often be a burden. The more difficult it is to be in the trial, the fewer people sign up and fewer people will remain in the trial. Today, Mural Link reduces the burden and increases retention of trial participants in three core ways. First, the platform gives participants the power to choose how they receive payment, eliminating the predatory inactivity fees associated with prepaid debit cards that are typically used. Second, Mural Link offers functionality to help patients arrive at site visits without incurring a cash expense through an Uber integration. Finally, Mural Link helps optimize for a positive trial experience through two-way secure participant messaging and real time experiential feedback that informs study personnel on how to optimize operations, and ultimately prevent attrition.

“Participants in clinical trials often get overlooked as the industry, and the world, focuses on study results. But patients and their caregivers represent ground-zero. They are the source of data and without their participation new therapies cannot be safely brought to market,” said Sam Whitaker, Mural Health’s co-CEO and co-founder. “We believe that as we serve participants well, study sponsors will enjoy improved enrollment, retention, and protocol compliance. And the global community will, consequently, be better served by the new products that are made possible by clinical R&D.”

Today, Mural Health has three of the top 15 pharmaceutical companies in the world as customers, as well as several biotechs such as Sonex Health, and research sites. Mural Health has also partnered up with several eClinical platforms such as Clinical ink and Ledger Run to provide an integrated solution. The company’s reception by its customers has been overwhelming.

“I have deployed several different participant support systems. Mural Health’s platform is exactly what the industry needs. Their product is intuitive, delightful to interact with, and is clearly designed for the patient and caretaker,” said Cindy Grabowski, Vice President of Clinical Affairs at Sonex Health. “The Mural team is genuinely passionate about delivering on their promises. Their level of service that follows is refreshing and personal. The Mural team has been an absolute pleasure to work with.”

Steve Kraus leads the investment on behalf of Bessemer Venture Partners and has joined the Mural Health board of directors. “The Mural team has been hyper focused on creating value for the clinical research industry,” said Kraus. “I have been especially excited by the rapid results achieved within the largest global pharma companies. Mural Health has become the clear product leader in its category and I am excited to watch the story unfold and see what this very experienced and driven team is able to create.”

About Mural Health
Mural Health is a next-generation participant management platform. The Company’s Mural Link technology platform is designed to make it easier to participate in clinical trials, thereby improving clinical study operations and the quality of clinical data sets. The Mural Link platform improves participant retention and engagement, increases protocol compliance, and increases enrollment rates. Please reach out to us to learn more about our capabilities, at www.muralhealth.com or [email protected].

About Bessemer Venture Partners
Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has $20 billion of assets under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio).

SOURCE Mural Health

LillyPad’s “OpenBook” English Club: A New Era for Improving your English

TORONTO, Sept. 19, 2023 — LillyPad.ai, a leading name in AI-powered English language learning solutions, proudly announces the launch of the world’s first Personal AI Book Club called “Open Book.” This ground-breaking feature promises not only to enhance reading comprehension but also to create engaging discussions around any text – be it a favorite novel, news article, or scientific paper. LillyPad.ai makes English learning individualized, engaging, and captivating!

Designed to revolutionize the way students interact with the texts they read, the Personal AI “Open Book” Club is not just another reading app. “We aimed to emulate that warm, intimate atmosphere of a book club gathering, where participants discuss and learn from the nuances of what they’ve read through a personalized discussion,” remarks Genady Knizhnik from LillyPad.ai.

Here’s how it works:

1. Dynamic Reading Modes: The app allows learners to delve into any text in four distinct ways.

• Literal: Understand the basic content and structure.
• Inquisitive: Dive deep into the underlying themes, motifs, and ideas.
• Comparative: Draw parallels between the current text and others the reader might have encountered.
• Analytical: Engage in critical thinking about the text’s implications, context, and broader significance through discussion.

2. Immersive Conversations with the AI: After reading, users enter a discussion room where the AI leads the conversation, touching upon key points from the text, offering insights, and challenging the reader’s perspective. This fosters a personalized conversation, improved comprehension, critical thinking, and reflective learning.

3. Ask Away: If students have questions or thoughts they’d like to explore further, the AI is fully capable of engaging them. This exchange is designed to mimic the fluidity of human dialogue, offering a truly interactive experience.

The advantages of this innovative tool are manifold. “Learners not only improve their reading, speaking, and comprehension skills but also move towards a keen analytical mindset. They’re encouraged to think, reflect, and discuss ideas rather than passively consume information,” adds Chris MacDonald a co-founder of LillyPad.ai.

Through guided discussions, students can grasp the cultural context, idiomatic expressions, and nuances that often elude direct translation.

Educators and independent learners are equally excited about the potential of the AI Personal Book Club. “It’s like having a personal literary expert who is always ready for a chat,” remarks Dennis Hogan, former General Manager of National Geographic Learning and Advisor to Lillypad.ai.

Media Contact:
Chris MacDonald
+1 647.533.9633
[email protected] 

SOURCE LillyPad.ai