ZUG, Svizzera, 29 febbraio 2024 — Con un passo importante verso la rivoluzione dell’infrastruttura Web3, Validation Cloud ha annunciato con orgoglio la conclusione del suo primo round di investimenti esterni, con cui ha accumulato 5,8 milioni di USD. Sotto la guida di Cadenza Ventures con sede a San Francisco, questo round di finanziamenti ha superato le aspettative grazie ai contributi di un impressionante elenco di investitori internazionali, tra cui Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures e AP Capitale.

Alex Nwaka, co-fondatore di Validation Cloud, ha espresso entusiasmo per il finanziamento: “Questo investimento segna un momento cruciale per Validation Cloud, poiché miriamo a soddisfare la domanda impellente di infrastrutture Web3 scalabili e conformi. Siamo onorati di collaborare con i nostri investitori che svolgono un ruolo determinante nel promuovere l’adozione globale della nostra piattaforma tra reti, sviluppatori e gestori patrimoniali all’avanguardia”.

Validation Cloud è all’avanguardia nella tecnologia Web3, grazie allo sviluppo di un’architettura di sistema innovativa che apre la strada a progressi significativi nel settore. Nota come la “Cloudflare del Web3”, l’azienda offre una piattaforma solida, scalabile e intelligente che fornisce servizi di staking, API Node e dati, traendo ispirazione dall’impatto trasformativo di Cloudflare sull’infrastruttura Web2.

Fondata da veterani del dominio proof-of-stake, Validation Cloud vanta un team di professionisti di grande esperienza provenienti da organizzazioni rinomate come Uber, Workday, Deloitte, Citadel, Morgan Stanley, Binance, Crypto.com, Figure, R3 e altre ancora, sottolineando una strategia incentrata sul talento con una forza lavoro mondiale.

Kumar Dandapani, Managing Partner di Cadenza Ventures, ha sottolineato la visione strategica alla base del loro investimento: “In Cadenza non investiamo in un’azienda qualunque; investiamo nel futuro delle tecnologie trasformative. Il ruolo pionieristico di Validation Cloud nel proof-of-stake e la sua incessante ricerca di infrastrutture Web3 di prossima generazione l’hanno reso un leader nello spazio Web3.”

Aly Madhavji, Managing Partner del Blockchain Founders Fund, ha condiviso i suoi pensieri sull’investimento: “Crediamo nel potere di trasformazione di Web3 e nella sua capacità di ridefinire il modo in cui operano le aziende. Investire in Validation Cloud si allinea perfettamente con la nostra visione di supportare piattaforme innovative pronte a guidare la prossima ondata di trasformazione digitale.”

Validation Cloud si è guadagnato una reputazione per le sue strette partnership con le reti sin dalle fasi iniziali, con il supporto di un’ampia gamma di ecosistemi, da quelli consolidati come Chainlink, Hedera e Stellar alle reti emergenti come Aptos, Eigenlayer e Berachain. La sua piattaforma getta le basi per l’adozione delle reti da parte delle imprese, posizionando Validation Cloud come attore chiave nel panorama delle infrastrutture Web3.

Per ulteriori dettagli su Validation Cloud e le sue offerte, visitare www.validationcloud.io.

Si prega di contattare: Kelly Clark, Direttrice delle comunicazioni | [email protected]

Foto – https://mma.prnewswire.com/media/2349304/Validation_Cloud_Validation_Cloud_Secures__5_8_Million_in_Inaugu.jpg

Foto – https://mma.prnewswire.com/media/2349305/Validation_Cloud_Validation_Cloud_Secures__5_8_Million_in_Inaugu.jpg

ZUG, Suisse, 29 février 2024 — Dans une avancée significative vers la révolution de l’infrastructure Web3, Validation Cloud a fièrement annoncé la clôture réussie de son premier cycle d’investissement externe, en réunissant 5,8 millions de dollars Piloté par Cadenza Ventures, dont le siège est à San Francisco, ce tour de table a dépassé les attentes grâce à des contributions d’une liste impressionnante d’investisseurs internationaux, dont Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures et AP Capital.

Alex Nwaka, co-fondateur de Validation Cloud, a exprimé son enthousiasme pour ce financement : « Cet investissement marque un moment charnière pour Validation Cloud, car nous cherchons à répondre à la demande urgente d’une infrastructure Web3 évolutive et conforme. Nous sommes honorés de collaborer avec nos investisseurs qui jouent un rôle déterminant dans l’adoption mondiale de notre plateforme par les réseaux de pointe, les développeurs et les gestionnaires d’actifs. »

Validation Cloud est à la pointe de la technologie Web3, ayant développé une architecture système innovante qui ouvre la voie à des avancées significatives dans le secteur. Connue sous le nom de « Cloudflare du Web3 », la société propose une plateforme robuste, évolutive et intelligente fournissant des services de staking, d’API Node et de données, s’inspirant de l’impact transformateur de Cloudflare sur l’infrastructure du Web2.

Fondée par des vétérans dans le domaine de la preuve d’enjeu, Validation Cloud dispose d’une équipe de professionnels hautement expérimentés issus d’organisations renommées comme Uber, Workday, Deloitte, Citadel, Morgan Stanley, Binance, Crypto.com, Figure, R3, etc., mettant l’accent sur une approche axée sur le talent avec une main-d’œuvre internationale.

Kumar Dandapani, associé directeur chez Cadenza Ventures, a souligné la vision stratégique derrière leur investissement : « Chez Cadenza, nous n’investissons pas dans n’importe quelle entreprise, nous investissons dans l’avenir des technologies transformatrices. Le rôle de pionnier de Validation Cloud dans la preuve d’enjeu et sa quête incessante d’une infrastructure Web3 de nouvelle génération le distinguent en tant que leaders dans l’espace du Web3. »

Aly Madhavji, associé directeur chez Blockchain Founders Fund, a partagé ses réflexions sur l’investissement : « Nous croyons au pouvoir transformateur du Web3 et à sa capacité à redéfinir le fonctionnement des entreprises. Investir dans Validation Cloud cadre parfaitement avec notre vision de soutenir les plateformes innovantes qui sont prêtes à mener la prochaine vague de transformation numérique. »

Validation Cloud a acquis une réputation pour ses partenariats étroits avec les réseaux dès leurs débuts, soutenant un large éventail d’écosystèmes, des plus établis comme Chainlink, Hedera et Stellar aux réseaux émergents comme Aptos, Eigenlayer et Berachain. Leur plateforme jette les bases de l’adoption des réseaux par les entreprises, positionnant Validation Cloud comme un acteur clé dans le paysage de l’infrastructure Web3.

Pour plus de détails sur Validation Cloud et ses offres, veuillez visiter www.validationcloud.io.

Veuillez contacter : Kelly Clark, directrice des communications | [email protected] 

Photo : https://mma.prnewswire.com/media/2349304/Validation_Cloud_Validation_Cloud_Secures__5_8_Million_in_Inaugu.jpg

Photo : https://mma.prnewswire.com/media/2349305/Validation_Cloud_Validation_Cloud_Secures__5_8_Million_in_Inaugu.jpg

Sparrow, a veteran financier and tech executive, will enable IDC Ventures to expand its network of 125+ prominent families

COPENHAGEN, Denmark, Feb. 29, 2024 — IDC Ventures (IDCV), a leading global venture capital firm specializing in fintech and marketplaces, today announced the appointment of Jeremy Sparrow as Partner based in London. Sparrow brings to IDC Ventures a wealth of experience in finance, consulting, and technology – underpinning the firm’s mission to enable the world’s most prominent families and professional investors to invest in and support innovative startups from across the US, Europe, and Latin America.

Sparrow’s career is marked by significant achievements in emerging markets, capital markets, and advisory roles for tech businesses. Before joining IDC Ventures, he was the CEO of Renaissance Capital Asia; founder of Alexander Capital Management; and founder/CEO of Captego Aps, an AI software business based in Denmark. His expertise in building and leading teams across various geographies will be invaluable as IDC Ventures continues to expand its global footprint.

“I am eager to contribute to IDC Ventures’ mission of fostering innovation and supporting groundbreaking companies,” Sparrow said. “The firm’s entrepreneurial spirit and its strategic focus on fintech and marketplaces uniquely position us to deliver significant value. I’m particularly excited about helping to enable IDC Ventures’ continued growth and the successful launch of its upcoming fund.”

Sparrow’s appointment is a testament to IDC Ventures’ strategic vision to deepen its expertise and expand its network of partners in key markets. In particular, Sparrow will leverage his deep connections throughout the UK, Middle East, and Asia to bring IDCV’s offering to prominent family offices and institutional investors in the regions.

Alejandra Godoy, Partner and Chief of Staff of IDC Ventures, expressed her enthusiasm about Sparrow joining the team. “Jeremy’s exceptional track record and international experience are precisely what we need to propel IDC Ventures forward. We’re looking forward to the fresh perspectives and dynamic opportunities Jeremy will bring to the team and our broader network.”

About IDC Ventures
By entrepreneurs, for entrepreneurs, IDC Ventures (IDCV) seeks to identify, invest in, support, and propel disruptive companies at the forefront of digital innovation. Since its founding in 2019, IDCV has backed industry-defining founders from Series A to growth stages in Europe, the US, and Latin America – and primarily in the verticals of fintech and marketplaces. IDC Ventures is the venture capital arm of the IDC Network, a global multi-fund platform. Learn more by visiting IDCVentures.com.

Contact:
Benito Besada
[email protected]

SOURCE IDC Ventures

ZUG, Schweiz, 29. Februar 2024 — In einem bedeutenden Schritt hin zur Revolutionierung der Web3-Infrastruktur hat Validation Cloud stolz den erfolgreichen Abschluss seiner ersten externen Investitionsrunde bekannt gegeben, bei der 5,8 Millionen US-Dollar gesammelt wurden. Unter der Leitung von Cadenza Ventures mit Sitz in San Francisco übertraf diese Finanzierungsrunde die Erwartungen mit Beiträgen einer beeindruckenden Liste internationaler Investoren, darunter Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures und AP Capital.

Alex Nwaka, Mitbegründer von Validation Cloud, äußerte sich begeistert über die Finanzierung: „Diese Investition ist ein entscheidender Moment für Validation Cloud, da wir den dringenden Bedarf an skalierbarer und konformer Web3-Infrastruktur decken wollen. Wir fühlen uns geehrt, mit unseren Investoren zusammenzuarbeiten, die maßgeblich dazu beitragen, die weltweite Verbreitung unserer Plattform bei führenden Netzwerken, Entwicklern und Vermögensverwaltern voranzutreiben.”

Validation Cloud steht an der Spitze der Web3-Technologie und hat eine innovative Systemarchitektur entwickelt, die den Weg für bedeutende Fortschritte in diesem Sektor ebnet. Das Unternehmen, das als “Cloudflare des Web3” bekannt ist, bietet eine robuste, skalierbare und intelligente Plattform, die Staking-, Node-API- und Datendienste bereitstellt und sich dabei vom transformativen Einfluss von Cloudflare auf die Web2-Infrastruktur inspirieren lässt.

Validation Cloud wurde von Veteranen des Proof-of-Stake-Bereichs gegründet und verfügt über ein Team von sehr erfahrenen Fachleuten, die aus renommierten Unternehmen wie Uber, Workday, Deloitte, Citadel, Morgan Stanley, Binance, Crypto.com, Figure, R3 und anderen stammen, wobei der Schwerpunkt auf einem talentorientierten Ansatz mit einer weltweiten Belegschaft liegt.

Kumar Dandapani, Managing Partner bei Cadenza Ventures, hob die strategische Vision hinter der Investition hervor: „Bei Cadenza investieren wir nicht in irgendein Unternehmen, sondern in die Zukunft von transformativen Technologien. Die Pionierrolle von Validation Cloud im Bereich Proof-of-Stake und sein unermüdliches Streben nach einer Web3-Infrastruktur der nächsten Generation haben es zu einem der führenden Unternehmen im Web3-Bereich gemacht.”

Aly Madhavji, Managing Partner bei Blockchain Founders Fund, äußerte sich zu der Investition: „Wir glauben an die transformative Kraft von Web3 und seine Fähigkeit, die Arbeitsweise von Unternehmen neu zu definieren. Die Investition in Validation Cloud passt perfekt zu unserer Vision, innovative Plattformen zu unterstützen, die bereit sind, die nächste Welle der digitalen Transformation anzuführen.”

Validation Cloud hat sich einen Ruf für seine engen Partnerschaften mit Netzwerken in der Anfangsphase erworben und unterstützt eine breite Palette von Ökosystemen, von etablierten wie Chainlink, Hedera und Stellar bis hin zu aufstrebenden Netzwerken wie Aptos, Eigenlayer und Berachain. Seine Plattform legt den Grundstein für die Einführung von Netzwerken in Unternehmen und positioniert Validation Cloud als einen der Hauptakteure in der Web3-Infrastrukturlandschaft.

Weitere Informationen zu Validation Cloud und seinen Angeboten finden Sie unterhttps://c212.net/c/link/?t=0&l=en&o=4102046-1&h=3782949955&u=http%3A%2F%2Fwww.validationcloud.io%2F&a=%C2%A0 www.validationcloud.io.

Bitte kontaktieren Sie uns: Kelly Clark, Leiterin der Kommunikationsabteilung | [email protected]

Foto – https://mma.prnewswire.com/media/2349304/Validation_Cloud_Validation_Cloud_Secures__5_8_Million_in_Inaugu.jpg

Foto – https://mma.prnewswire.com/media/2349305/Validation_Cloud_Validation_Cloud_Secures__5_8_Million_in_Inaugu.jpg

ZUG, Zwitserland, 29 februari 2024 — In een belangrijke stap op weg naar een revolutie in de Web3-infrastructuur, kondigt Validation Cloud met trots de succesvolle afronding aan van zijn eerste externe investeringsronde, waarbij $ 5,8 miljoen werd opgehaald. Onder leiding van het in San Francisco gevestigde Cadenza Ventures overtrof deze financieringsronde de verwachtingen met bijdragen van een indrukwekkend aantal internationale investeerders, waaronder Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures en AP Capital.

Alex Nwaka, medeoprichter van Validation Cloud, sprak enthousiast over de financiering: “Deze investering markeert een cruciaal moment voor Validation Cloud, omdat we tegemoet willen komen aan de dringende vraag naar schaalbare en compliant Web3-infrastructuur. We zijn vereerd om samen te werken met onze investeerders die een belangrijke rol spelen in de wereldwijde adoptie van ons platform onder geavanceerde netwerken, ontwikkelaars en vermogensbeheerders.”

Validation Cloud is koploper op het gebied van Web3-technologie en heeft een innovatieve systeemarchitectuur ontwikkeld die de weg vrijmaakt voor aanzienlijke vooruitgang in de sector. Het bedrijf staat bekend als de “Cloudflare van Web3” en biedt een robuust, schaalbaar en intelligent platform dat Staking, Node API en Data- services biedt, geïnspireerd door Cloudflare’s transformerende impact op de Web2 infrastructuur.

Validation Cloud is opgericht door veteranen in het Proof-of-Stake-domein en met zijn team van zeer ervaren professionals van gerenommeerde organisaties zoals Uber, Workday, Deloitte, Citadel, Morgan Stanley, Binance, Crypto.com, Figure, R3 en meer, legt het de focus op een talentgerichte aanpak met een wereldwijd personeelsbestand.

Kumar Dandapani, Managing Partner bij Cadenza Ventures, benadrukte de strategische visie achter hun investering: “Bij Cadenza investeren we niet in zomaar een bedrijf; we investeren in de toekomst van transformatieve technologieën. Validation Cloud’s pioniersrol in Proof-of-Stake en hun niet aflatende streven naar de volgende generatie Web3-infrastructuur onderscheiden hen als leiders in de Web3-ruimte.”

Aly Madhavji, Managing Partner bij Blockchain Founders Fund, gaf zijn mening over de investering: “Wij geloven in de transformerende kracht van Web3 en haar vermogen om de bedrijfsmethoden te herdefiniëren. Investeren in Validation Cloud sluit perfect aan bij onze visie om innovatieve platformen te ondersteunen die klaar zijn om de volgende golf van digitale transformatie te leiden.”

Validation Cloud heeft zijn reputatie opgebouwd dankzij de nauwe partnerschappen met netwerken vanaf hun beginstadia. Het bedrijf ondersteunt een breed scala aan ecosystemen, van gevestigde netwerken zoals Chainlink, Hedera en Stellar tot opkomende netwerken zoals Aptos, Eigenlayer en Berachain. Hun platform legt de basis voor de adoptie van netwerken door bedrijven en positioneert Validation Cloud als een belangrijke speler in het landschap van de Web3-infrastructuur.

Ga voor meer informatie over Validation Cloud en het aanbod naar www.validationcloud.io.

Neem contact op met: Kelly Clark, Directeur Communicatie | [email protected]  

Foto – https://mma.prnewswire.com/media/2349304/Validation_Cloud_Validation_Cloud_Secures__5_8_Million_in_Inaugu.jpg

Foto – https://mma.prnewswire.com/media/2349305/Validation_Cloud_Validation_Cloud_Secures__5_8_Million_in_Inaugu.jpg

NEW YORK and PARIS, Feb. 29, 2024 — Vibe.co, the “Google Ads of Streaming,” announced today a successful Series A funding round of $22.5M USD led by venture firm Singular. They plan to leverage these funds to continue building a more efficient streaming TV advertising ecosystem and become the #1 CTV ad resource for SMBs.

The round, led by Singular, also comes with a reinvestment from Elaia Partners and the participation of Sequoia’s Scout Fund, Motier and seasoned Ad Tech investors like Benjamin Antier, Cyril Vermeulen, Laurent Asscher, Very Group, and Alain Roubach.

“Vibe’s growth confirms the SMB market’s massive appetite for streaming advertising – especially as an alternative to classic AdTech duopolies with entrenched players. We believe that Vibe’s unique product, positioning, and vision will make them a leader in this new ecosystem. We are excited to be alongside them,” says Raffi Kamber, General Partner & Co Founder at Singular.

Vibe.co radically democratizes access to streaming TV advertising for SMBs with an easy-to-use ad platform mimicking the power and ease-of-use of Google or Meta, but for CTV and OTT.

The process is simple: in just a few clicks, advertisers select which app(s), channel(s), or live sports league(s) to advertise with, target specific audiences, optimize their spend based on performance metrics, upload their creative assets, and go live on TV in 5 minutes.

Because Vibe.co has unique relationships with premium streaming services and channels, bolstered by powerful automatic optimization capabilities, it consistently delivers over 2X ROAS for clients across the board – from major gaming studios, to large e-commerce companies, to small local brands.

Hot on the heels of an initial $7M Seed funding round in September 2022 and the launch of its self-serve ad platform, Vibe.co experienced the kind of hyper growth entrepreneurs dream of:

• 2,000+ US clients
• 8 figure revenue in 2023 (+850% growth YoY)
• Deals with most major TV Networks and Streaming Apps

Vibe.co leadership plans to leverage the fruits of their fundraising efforts to triple the size of their tech & machine learning department, build a large, seasoned sales team (the company achieved the aforementioned figures with very limited sales resources), and set up strategic publisher deals in the next few months. By the end of the year, the company’s employee roster is set to grow from 40 employees to 110.

Thanks to its expanded workforce, Vibe.co will continue to develop best-in-class performance measurement solutions and proprietary targeting capabilities, double down on automated campaign optimization, and deliver a full set of features for publishers to better leverage their SMB demand.

“We are just getting started. Vibe is still a very small company compared to the untapped $60B market that US SMBs represent. SMBs are craving new, scalable, performance-focused ad channels and we have proven that our product-driven approach is the right one for this market, both on the supply and demand sides, as Connected TV Advertising fills a real need for diversification, transparency, and performance. We strongly believe that Vibe.co and SMBs will be the #1 revenue driver for TV networks, broadcasters, and streaming apps within the next 5 years. We are committed to build a just and fair ecosystem for them by delivering value in a transparent, unbiased, and efficient way. We’ve only laid down the first bricks for a new TV Advertising ecosystem,” says Arthur Querou, CEO of Vibe.

About Vibe.co: 
Vibe.co was founded in September 2022 by two computer scientists & serial entrepreneurs, Arthur Querou (YCombinator, 2X Ad Tech Exits) and Franck Tetzlaff (Makemereach & Doctolib ($6B+ valuation), who previously founded KMTX (the french leader in semantic targeting) together and sold it to Seedtag in 2022. The company is HQed in both France and US with the engineering team based in Europe and the Sales, Ops & Marketing team based in the US.

Press Contact: 
Caitlin Hassinger – Content Director Vibe – [email protected]
Louisa Mesnard – CMO Elaia – [email protected]

SOURCE Vibe.co

• Investments from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital and others
• Figure and OpenAI are collaborating to develop next generation AI models for humanoid robots
• Figure will leverage Microsoft Azure for AI infrastructure, training, and storage

SUNNYVALE, Calif., Feb. 29, 2024 — Figure, an AI robotics company developing general purpose humanoid robots, today announced that it has raised $675M in Series B funding at a $2.6B valuation with investments from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. This investment will accelerate Figure’s timeline for humanoid commercial deployment.

In conjunction with this investment, Figure and OpenAI have entered into a collaboration agreement to develop next generation AI models for humanoid robots, combining OpenAI’s research with Figure’s deep understanding of robotics hardware and software. The collaboration aims to help accelerate Figure’s commercial timeline by enhancing the capabilities of humanoid robots to process and reason from language.

“We’ve always planned to come back to robotics and we see a path with Figure to explore what humanoid robots can achieve when powered by highly capable multimodal models. We’re blown away by Figure’s progress to date and we look forward to working together to open up new possibilities for how robots can help in everyday life,” said Peter Welinder, VP of Product and Partnerships at OpenAI.

The Figure team, made up of top AI robotics experts from Boston Dynamics, Tesla, Google DeepMind, and Archer Aviation, has made remarkable progress in the past few months in the key areas of AI, robot development, robot testing, and commercialization (Figure recently announced its first commercial agreement with BMW Manufacturing to bring humanoids into automotive production). This new capital will be used strategically for scaling up AI training, robot manufacturing, expanding engineering headcount, and advancing commercial deployment efforts.

Figure will leverage Microsoft Azure for AI infrastructure, training, and storage. “We are excited to collaborate with Figure and work towards accelerating AI breakthroughs. Through our work together, Figure will have access to Microsoft’s AI infrastructure and services to support the deployment of humanoid robots to assist people with real world applications,” said Jon Tinter, Corporate Vice President of Business Development at Microsoft.

“Our vision at Figure is to bring humanoid robots into commercial operations as soon as possible. This investment, combined with our partnership with OpenAI and Microsoft, ensures that we are well-prepared to bring embodied AI into the world to make a transformative impact on humanity,” said Brett Adcock, Founder and CEO of Figure. “AI and robotics are the future, and I am grateful to have the support of investors and partners who believe in being at the forefront.”

Qatalyst Partners provided strategic and financial advice to Figure on this transaction.

ABOUT FIGURE

Figure is an AI Robotics company developing autonomous general purpose humanoid robots. Our Humanoid is designed for initial deployment into the workforce to address labor shortages, jobs that are undesirable or unsafe, and to support supply chain on a global scale. Figure is a Sunnyvale, California-based company with a team of 80 employees, founded 21 months ago.

For more information about Figure AI, please visit: www.figure.ai

SOURCE Figure AI Inc.

LanzaJet is van plan Southwest Airlines te ondersteunen met Amerikaanse SAF-productie en met de ontwikkeling van ethanol uit landbouwafval met SAFFiRE Renewables

CHICAGO, 29 februari 2024 — LanzaJet, Inc. (LanzaJet) een toonaangevend bedrijf op het gebied van duurzame brandstoftechnologie en producent van duurzame brandstoffen, heeft vandaag aangekondigd dat Southwest Airlines Co. (Southwest) van plan is om een bedrag van 30 miljoen dollar in LanzaJet te investeren. De overeenkomst tussen LanzaJet en Southwest heeft als doel een productiefaciliteit voor duurzame vliegtuigbrandstof (SAF) te ontwikkelen en samen te werken om de activiteiten van een technologiebedrijf waarin Southwest heeft geïnvesteerd en dat maïsstoof in ethanol omzet, te bevorderen: SAFFiRE Renewables, LLC (SAFFiRE).

LanzaJet is van plan om projectontwikkeling te starten voor de SAF-productiefaciliteit in de Verenigde Staten, met Southwest als de belangrijkste SAF-afnemer. De bioraffinaderij zal naar verwachting profiteren van LanzaJet’s baanbrekende technologie, die de capaciteit heeft om de productie op te schalen naar het niveau dat nodig is om de luchtvaart koolstofvrij te maken. Hiervoor maakt het bedrijf gebruik van algemeen beschikbare en duurzame grondstoffen, opkomende commerciële oplossingen op basis van reststoffen en veelbelovende rentabiliteit. LanzaJet gaat ook de inspanningen van Southwest ondersteunen om SAFFiRE’s technologie voor het verwerken van maïsstoof in ethanol, op de markt te brengen.

“De VS is een ongelooflijk belangrijke markt voor ons. Het is onze thuisbasis, waar onze technologie is ontstaan en zich heeft ontwikkeld, de locatie van onze en ‘s werelds eerste commerciële ethanol-naar-SAF-fabriek. Dit biedt een enorme kans om de bestaande Amerikaanse biobrandstoffen- en ethanolindustrie te ondersteunen dankzij onze toonaangevende ethanol-to-SAF-technologie,” zegt Jimmy Samartzis, Chief Executive Officer van LanzaJet. “Met dit akkoord tussen Southwest en LanzaJet vormen zij een sterk tweetal dat het potentieel heeft om de SAF-waardeketen te integreren en de Amerikaanse ethanol-, luchtvaart- en biobrandstofindustrie te verdubbelen. Dankzij onze samenwerking komen wij dichter bij onze doelstellingen om de luchtvaart koolstofvrij te maken door de SAF-productie in de Verenigde Staten verder op te schalen en tegelijkertijd het potentieel van de Amerikaanse ethanolindustrie aan te boren om de volgende generatie van SAF-productie te versnellen.”

De Amerikaanse faciliteit die LanzaJet gaat ontwikkelen is ook bedoeld voor de conversie van SAFFiRE’s cellulose-ethanol in SAF.

“We nemen de volgende stap op ons duurzaamheidstraject op weg naar onze netto nul-doelstelling in 2050,” aldus Bob Jordan, President & CEO van Southwest Airlines. “We kijken uit naar de samenwerking met LanzaJet, dat het potentieel heeft om een belangrijke technologie te ontwikkelen, waarbij Southwest meer mogelijkheden worden geboden om schaalbare SAF te verkrijgen. Dit zal in belangrijke mate meespelen bij het behalen van onze milieuduurzaamheidsdoelstelling om tegen 2030 10% van onze vliegtuigbrandstofconsumptie te vervangen door SAF.”

De investering van Southwest volgt op de opening van LanzaJet Freedom Pines Fuels – ‘s werelds eerste ethanol-naar-SAF-fabriek op commerciële schaal. De historische fabriek in Soperton, Georgia, zal naar verwachting SAF en hernieuwbare diesel produceren uit koolstofarme en duurzame ethanol met ISCC (International Sustainability and Carbon Certification). LanzaJet Freedom Pines Fuels dient als blauwdruk voor het gebruik van unieke innovatie om de SAF-productie op te schalen en maakt LanzaJet’s streven naar een productie van 4 miljard liter SAF in 2030 mogelijk.

Southwest voegt zich bij LanzaJet’s portfolio van investeerders en financiers waaronder aandeelhouders British Airways, LanzaTech, Mitsui & Co, Shell en Suncor Energy en financiers zoals Microsoft’s Climate Innovation Fund, Breakthrough Energy en All Nippon Airways (ANA).

OVER LANZAJET

LanzaJet is een toonaangevend technologiebedrijf op het gebied van duurzame brandstoffen dat de overgang naar schone energie wil versnellen. Als leverancier en producent van duurzame vliegtuigbrandstof (Sustainable Aviation Fuel, SAF) met gepatenteerde ethanol-gebaseerde alcohol-naar-jet (ATJ) technologie, creëert LanzaJet een kans voor toekomstige generaties door de inzet van SAF en andere schone technologieën te versnellen die cruciaal zijn voor het aanpakken van de klimaatcrisis en het transformeren van de wereldeconomie. Meer informatie is beschikbaar op https://www.lanzajet.com/

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TORONTO, Feb. 29, 2024 – Bench IQ, the groundbreaking AI-powered legal technology company, is transforming the landscape of legal research by offering unparalleled insights into judges’ rulings. The company recently announced the successful closure of a $2.1M (USD) pre-seed funding round. This investment was co-led by notable VCs Maple and Haystack. It also received contributions from tech leaders such as Jason Boehmig, CEO of Ironclad, and Qasar Younis, CEO of Applied Intuition and former COO of Y-Combinator. Additionally, top law firms like Cooley¹, Fenwick, and Wilson Sonsini, along with senior partners at Kirkland & Ellis, participated. This underscores the tech and legal community’s belief in Bench IQ’s disruptive approach to legal research.

Founded by the pioneering minds behind ROSS Intelligence, Bench IQ was created by CEO Jimoh Ovbiagele, CTO Maxim Isakov, and a former Kirkland & Ellis partner, Jeffrey Gettleman. The company addresses a long-standing issue in legal practice: the fact that judges publish written opinions for only about 3% of all rulings. By leveraging the latest advancements in Large Language Models (LLMs), Bench IQ has compiled and is exploiting a new legal dataset. This dataset provides comprehensive insights into the decision-making patterns of judges, covering 100% of their rulings. Details on this achievement are currently confidential due to pending patents.

“We created Bench IQ for the best and brightest, working on cases with the highest stakes. They work tirelessly to deliver the best results. We help them anticipate the unexpected and leave absolutely nothing to chance,” said Ovbiagele. At present, Bench IQ is privileged to partner closely with 12 of the AmLaw 100 firms and counting. Given the competitive advantage Bench IQ offers, the company must keep these partnerships confidential to maintain its clients’ edge. Bench IQ looks forward to sharing more soon as circumstances change.

Gettleman, who originally conceived the idea for Bench IQ during his tenure at Kirkland & Ellis, added, “Over almost two decades at Kirkland, I learned how vital it is to understand how a judge thinks to achieve your objective. Bench IQ allows lawyers to understand their judge in a way no other resource can. It helps them build arguments they can be confident in and deliver the desired results.”

The burgeoning interest in legal AI, highlighted by Thomson Reuters’ acquisition of Castext for $650M and over $100M invested in legal AI startups in the last three months, signals a growing adoption of AI-enhanced legal processes. Amidst this investment surge, Bench IQ differentiates itself by not just offering efficiency but also greater effectiveness. Bench IQ has carved out a niche in the rapidly growing sector by specializing in judicial intelligence and improving lawyers’ courtroom results. The fact that 12 of the AmLaw 100 firms are already working with Bench IQ validates this approach, underscoring its relevance and impact in the legal marketplace.

Andre Charoo, General Partner at Maple, said, “We think Bench IQ has the potential to create the new standard of law—one that is based on understanding the players in the legal game, not just about the rules of the game. The team has uncovered a unique insight that is not obvious to most, and we’re incredibly excited to be part of their journey in changing the legal industry as we know it.”

“Bench IQ immediately stood out to us as a novel way to use LLMs to solve a persistent challenge in legal research,” added Aashay Sanghvi, Partner at Haystack Ventures. “We are delighted to partner with Jimoh, Maxim, and Jeffrey as they build the leading legal reconnaissance platform.”

Also participating in the round were Inovia Capital, Soma Capital, Roach Capital, Alumni Ventures, Boon Fund, Andrew Arruda (CEO, Flexpa), Zain Manji, Arif Bhanji, Nivrith Sekhar, and Ronald Gosio, alongside additional angel investors.

About Bench IQ:

Bench IQ pioneers AI-enhanced legal research tools, enabling lawyers to gain unparalleled insights into judges’ rulings in order to hone their legal arguments and strategies. Founded by two legal AI pioneers behind ROSS Intelligence (CEO Jimoh Ovbiagele and CTO Maxim Isakov) and a legal industry veteran from Kirkland & Ellis (VP Legal Services Jeffrey Gettleman), Bench IQ is backed by leading investors Maple and Haystack and law firms Cooley, Fenwick, and Wilson Sonsini.

Learn more at www.benchiq.com. 

SOURCE Bench IQ