-DayOne se lanza como pionero independiente en centros de datos globales tras el cierre de la financiación de Serie B

SINGAPUR, 1 de enero de 2025 — DayOne, un pionero líder mundial en centros de datos, se lanzó oficialmente como un grupo independiente el 1 de enero de 2025, marcando el comienzo de una nueva era transformadora tras la finalización exitosa de su financiación de serie B, liderada por reconocidas instituciones de inversión globales. DayOne, que anteriormente operaba como GDS International (GDSI), fue fundada en 2022 y tiene su sede en Singapur. Ha desarrollado una trayectoria comprobada en la creación y ampliación de mercados en Asia-Pacífico y más allá, impulsando la transformación digital y mejorando la conectividad regional.

El nombre de marca “DayOne” encapsula el espíritu emprendedor de la empresa y su enfoque incansable en los clientes, la innovación y el crecimiento. Significa una mentalidad de respetar cada día como una oportunidad para adoptar nuevas posibilidades, crear soluciones impactantes y proporcionar valor en los mercados en los que operamos. Inspirada en su legado de infraestructura digital pionera y apertura de mercados, “DayOne” representa un compromiso con visión de futuro para empoderar a los líderes de la industria con soluciones de infraestructura de próxima generación. Guiada por la humildad y una profunda reverencia por nuestro trabajo y las industrias a las que servimos, “DayOne” se dedica a crear valor para todos, incluidos los clientes, los socios comerciales, los inversores, los empleados y las comunidades a las que apoyamos.

Durante el año pasado, DayOne obtuvo aproximadamente 1.900 millones de dólares a través de sus rondas de capital Serie A y Serie B, respaldadas por inversores de clase mundial como SoftBank Vision Fund, Kenneth Griffin, consejero delegado de Citadel, Coatue Management y Baupost Group.

Estas inversiones no solo han puesto de relieve la confianza en la capacidad de DayOne para ofrecer soluciones de infraestructura digital fiables, escalables y sostenibles, sino que también han allanado el camino para su transformación en una entidad autónoma. La autonomía de DayOne abarca las funciones de gobernanza corporativa, operaciones, finanzas y tecnología. Su gobernanza se ve reforzada aún más por una junta directiva diversa y con experiencia a nivel mundial, de la que más de la mitad está compuesta por directores inversores independientes.

Para aumentar su profundidad estratégica, DayOne dio la bienvenida recientemente a tres estimados líderes de la junta directiva: Lim Ah Doo, copresidente de la junta directiva y presidente de Olam Group Limited; y los asesores de la junta directiva Ken Miyauchi, expresidente y consejero delegado de SoftBank Corp., y Bob McCooey, vicepresidente de Nasdaq. Este sólido marco de gobernanza garantiza una toma de decisiones equilibrada y alineada con las mejores prácticas internacionales, sentando una base sólida para el crecimiento sostenible y la creación de valor a largo plazo.

“La confianza de nuestros inversores habla por sí sola de la solidez de la visión de DayOne y de nuestra capacidad para ofrecer resultados transformadores en una industria que evoluciona rápidamente”, afirmó William Huang, presidente de DayOne. “Esta transformación va más allá de la independencia operativa: consolida nuestro papel como líderes en el establecimiento de nuevos puntos de referencia en la industria, el impulso del crecimiento digital regional y la defensa de la innovación sostenible”.

Jamie Khoo, consejero delegado de DayOne, dijo: “DayOne representa más que un nuevo nombre: es un compromiso de liderazgo con propósito, agilidad e innovación. Nuestro enfoque está en proporcionar una infraestructura digital de vanguardia que impulse a las industrias y comunidades hacia adelante. Este nuevo capítulo nos permite generar impactos duraderos en las economías y construir un ecosistema digital preparado para el futuro”.

Gary Wojtaszek, vicepresidente de la junta directiva y ex presidente y consejero delegado de CyrusOne, afirmó: “La formación de DayOne marca un momento crucial para la industria. Con el respaldo de una junta directiva con visión de futuro y un equipo de liderazgo excepcional, DayOne está preparada para redefinir la infraestructura digital y establecer nuevos puntos de referencia en el sector”.

Operando en mercados clave como Singapur, Johor (Malasia), Batam (Indonesia), Greater Bangkok, Hong Kong SAR, y Tokio, DayOne combina una profunda experiencia local con una visión global para satisfacer las crecientes demandas de los hiperescaladores y las grandes empresas. Sus estrategias innovadoras, como la creación del mercado SIJORI, integran las fortalezas de Singapur, Johor y Batam para ofrecer soluciones de infraestructura digital interconectadas, escalables, de baja latencia y sostenibles.

La ventaja competitiva de DayOne radica en su capacidad de anticiparse a las demandas del mercado y ofrecer soluciones centradas en el cliente. Con un enfoque en la innovación, la empresa establece constantemente puntos de referencia de la industria en cuanto a velocidad, escalabilidad y ejecución. Sus esfuerzos en materia de sostenibilidad incluyen tecnologías de refrigeración de vanguardia, adopción de energía renovable y diseños de edificios ecológicos destinados a reducir el impacto ambiental y mejorar la resiliencia operativa.

De cara al futuro, DayOne imagina un futuro en el que la infraestructura digital impulse la transformación económica y acelere la conectividad global. Al integrar la sostenibilidad con la tecnología avanzada, DayOne está preparada para impulsar la innovación y empoderar a las industrias de todo el mundo.

Acerca de DayOne

DayOne es una empresa pionera en centros de datos que desarrolla y opera infraestructura digital de última generación para líderes de la industria que exigen soluciones fiables, rentables y rápidamente escalables.

Nuestras instalaciones de vanguardia permiten a los hiperescaladores y a las grandes empresas lograr una implementación rápida y mejorar la conectividad, impulsando el compromiso transformador y la innovación a medida que damos forma al futuro de las industrias. Los centros de datos de DayOne están ubicados en mercados clave, incluidos Singapur, Johor (Malasia), Batam (Indonesia), Gran Bangkok, Hong Kong SAR, Tokio y más.

Con sede en Singapur, el equipo directivo de DayOne cuenta con más de dos décadas de experiencia en la industria y un historial de creación del negocio de centros de datos más grande de Asia. Con DayOne, han creado el mercado SIJORI (Singapur, Johor y Riau Islands) como un centro de centros de datos global.

A medida que aumenta la demanda de centros de datos personalizados y ubicados estratégicamente, el espíritu emprendedor de DayOne, la estrategia que prioriza al cliente, las profundas alianzas locales y las capacidades de ejecución ágiles nos posicionan de manera única para impulsar las ambiciones de crecimiento de los principales hiperescaladores y grandes empresas de todo el mundo.

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JIANGYIN, China, Dec. 31, 2024 — SJ Semiconductor Corporation (hereinafter referred to as “SJSemi” or “the company”) announced the efficient and successful closure of a new financing round amounting to $700 million on Dec. 31, 2024. The roster of newly onboarded investors includes Wuxi Chanfa Science and Technology Innovation Fund, Jiangyin Binjiang Chengyuan Investment Group, Fortera Capital, Shanghai International Group, Lingang Xinxin Fund of Shanghai Lingang Special Area Administration and Lingang Shuke Fund of Lingang Group, together with Social Security Fund Zhongguancun Independent Innovation Fund, China Life Private Equity Investment Limited, Golden Link, etc.

Since its inception in 2014, SJSemi has continuously dedicated to the high-quality and high-standard production of 12-inch mid-end wafers. Complementing this, SJSemi extends its service to offer advanced packaging and testing services for the whole process of wafer level advanced packaging and multi-die integration processing, which are widely used in smartphones, 5G communication, high-performance computing, data centers, automotive and other electronics fields. In the wake of the artificial intelligence and digital economy boom, SJSemi is able to provide a variety of advanced packaging solutions for Chiplet production and continues to increase investments in innovation and R&D efforts, especially in the 3D multi-die integration space.

In 2023 and 2024, SJSemi witnessed remarkable revenue growth for two successive years. According to Yole’s market research report, SJSemi is the company with the highest revenue growth among global OSATs in 2023. According to CIC Insight Consulting, SJSemi is ranked No.1 in market share in mainland China’s 12-inch Bumping, 12-inch WLCSP markets, and is ranked No.1 in revenue in the wafer testing and chip probing market. As of 2024, SJSemi is currently the only provider capable of mass producing silicon-based 2.5D packaging solutions in mainland China.

In recent years, SJSemi has made significant progress in advanced packaging technologies due to its commitment to innovation. In May 2024, SJSemi debuted its 3x reticle TSV interposer technology, marking the company’s entry into a new era of sub-micron level advanced chip interconnect technology, further improving interconnect density in its products. The latest round of $700M USD in financing will help the company further technological progress into ultra-high density 3D Multi-Die Integration project, allowing it to strengthen its position as a leading advanced packaging provider, becoming a one-stop shop solutions provider for multi-die integration solutions.

Mr. Cui Dong, Chairman and Chief Executive Officer of SJSemi, states that, while proceeding  toward the IPO application process, the company opened the latest round of new financing for patient capital and industrial capitals who are firmly aligned with the long-term vision of SJSemi. This will also help to improve and optimize the company’s equity governance structure.  The synergy between SJSemi’s strategic business planning and state-owned capital from both Wuxi and Shanghai will look to inject new momentum into the company’s long-term development and success, positioning the company favorably to best capitalize on new opportunities in artificial intelligence and the digital economy!”

About SJSemi

Established in August 2014, SJ Semiconductor Co., Ltd. is the first Middle-End-Of-Line (MEOL) pure play foundry equipped with Front-End-Of-Line (FEOL) manufacturing and quality system, serving global customers. Starting with advanced 12-inch bumping and RDL, SJSemi devotes to offer world-class Middle-End-Of-Line (MEOL) manufacturing and testing services, and develops to provide the advanced 3D Multi-Die Integration technology and solutions. Headquartered in Jiangyin High-tech Industrial Development Zone, China, the company has branches in Shanghai and Silicon Valley of the United States, serving advanced chip design enterprises at home and abroad.

SOURCE SJ Semiconductor Corporation

SINGAPORE, 28 december 2024 — Nodepay, een gedecentraliseerd AI-platform dat ongebruikte internetbandbreedte in realtime datapijplijnen voor AI-training omzet, heeft vandaag aangekondigd dat het een tweede financieringsronde heeft opgehaald. Hiermee komt het totaal op $ 7 miljoen.

De laatste financieringsronde verwelkomde nieuwe strategische investeerders IDG Capital ($23 miljard AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders. Risicokapitaalinvesteerders, Matthew Tan (oprichter van Etherscan) en Yusho Liu (medeoprichter en CEO van CoinHako) als opmerkelijke angels. Ze voegen zich bij een indrukwekkende lijst van eerdere backers, waaronder Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital en meer.

Het netwerk van Nodepay boort een wereldwijde gemeenschap van gebruikers aan die privacybeschermde nodes beheren. Door hun vrije internetbandbreedte te delen, verdienen deze deelnemers beloningen voor het creëren van een realtime gegevensbron die de AI-inferentie verbetert met accurate en tijdige informatie. Deze aanpak staat bekend als Retrieval Augmented Generation (RAG).

Darren Nguyen, medeoprichter van Nodepay, licht toe: “Onze missie is om oplossingen te ontwikkelen die tastbare waarde creëren voor zowel AI-ontwikkelaars als hun eindgebruikers. We geven bijdragers een aandeel in het AI-ecosysteem dat ze fundamenteel helpen opbouwen.”

Nodepay’s infrastructuurplatform integreert het ophalen van gegevens in real time, een Web3-gerichte gedecentraliseerde antwoordmotor, versterkend leren voor een meer nauwkeurige modeloutput en gamified menselijke verificatie. Samen vormen deze componenten een eerlijk, collaboratief en innovatief AI-ecosysteem.

Eric Le, investeringsdirecteur van IDG Capital: “Het team van Nodepay democratiseert de AI-economie aan de hand van een platform waarmee gebruikers direct kunnen delen in de waarde die ze creëren. We zijn er trots op dat we hun visie steunen om AI toegankelijker en nuttiger te maken voor iedereen.”

Met deze financiering zal Nodepay zijn infrastructuur verder commercialiseren ten voordele van zowel de gemeenschap als de AI-partnerlaboratoria. Nodepay bereidt zich voor op de lancering op Solana en is klaar om het volgende tijdperk van gedecentraliseerde AI-ontwikkeling en -training te leiden.

Nodepay bedient wereldwijd al meer dan 1,5 miljoen actieve gebruikers en blijft zijn bereik uitbreiden, waarmee het zijn leidersrol in de integratie van AI en blockchaintechnologie verstevigt. Gebruikers kunnen verdere updates en nieuwe aankondigingen verwachten via hun sociale kanalen en officiële website.

Over Nodepay
Nodepay is een gedecentraliseerd AI-platform dat zich richt op het democratiseren van AI-training door middel van het ophalen van gegevens in real time. Door ongebruikte internetbandbreedte in een waardevolle bron om te zetten, voedt Nodepay de volgende generatie AI-modellen en staat het aan de spits van AI-decentralisatie.

Foto – https://mma.prnewswire.com/media/2587832/7M_Raised_Funds.jpg

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SINGAPORE, 27 dicembre 2024 — Nodepay, una piattaforma IA decentralizzata che trasforma la larghezza di banda Internet inutilizzata in pipeline di dati in tempo reale per l’addestramento dell’IA, ha annunciato oggi di aver completato un secondo round di finanziamenti, portando il totale a 7 milioni di dollari.

L’ultimo round di finanziamenti ha accolto vari nuovi investitori strategici – IDG Capital (23 miliardi di dollari in attività sotto gestione), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (fondatore di Etherscan) e Yusho Liu (co-fondatore e Ceo di CoinHako) – come investitori informali di rilievo che si uniscono a un elenco notevole di investitori precedenti che include Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital e altri.

La rete Nodepay serve una comunità globale di utenti che gestiscono nodi la cui privacy è protetta. Condividendo la larghezza di banda Internet inutilizzata, questi partecipanti guadagnano premi per la creazione di una fonte di dati in tempo reale che migliora l’inferenza IA con informazioni accurate e tempestive – un approccio noto come Retrieval Augmented Generation (RAG).

Commenta Darren Nguyen, co-fondatore di Nodepay: “La nostra missione consiste nello sviluppare soluzioni che creino un valore tangibile sia per gli sviluppatori di IA sia per i loro utenti finali. Offriamo ai collaboratori una quota dell’ecosistema dell’IA che contribuiscono sostanzialmente a costruire”.

La piattaforma infrastrutturale Nodepay integra il recupero dati in tempo reale, un motore di risposta decentralizzato incentrato sul Web3, l’apprendimento per rinforzo per un output del modello più accurato e la verifica umana gamificata. Questi componenti si combinano per creare un ecosistema IA equo, collaborativo e innovativo.

Spiega Eric Le, direttore investimenti presso IDG Capital: “Nodepay sta democratizzando l’economia basata sull’IA offrendo una piattaforma che consente agli utenti di condividere direttamente il valore che creano. Ci impegniamo a sostenere la loro visione di rendere l’IA più accessibile e vantaggiosa per tutti”.

Grazie a questo finanziamento Nodepay continuerà a commercializzare la sua infrastruttura a vantaggio sia della comunità sia dei laboratori di IA suoi partner. Mentre si prepara al lancio su Solana, Nodepay è pronta a guidare la prossima era di sviluppo e addestramento dell’IA decentralizzata.

Nodepay, che conta già oltre 1,5 milioni di utenti attivi in tutto il mondo, continua ad espandersi, consolidando il suo ruolo di leader nell’integrazione di IA e tecnologia blockchain. Gli utenti possono aspettarsi ulteriori aggiornamenti e nuovi annunci attraverso i social e il sito web ufficiale.

Informazioni su Nodepay
Nodepay è una piattaforma IA decentralizzata dedicata alla democratizzazione dell’addestramento dell’IA attraverso il recupero di dati in tempo reale. Trasformando la larghezza di banda Internet inutilizzata in una risorsa preziosa, Nodepay dà impulso alla prossima generazione di modelli di IA e si pone all’avanguardia nella decentralizzazione dell’IA.

Foto – https://mma.prnewswire.com/media/2587832/7M_Raised_Funds.jpg

Logo – https://mma.prnewswire.com/media/2587833/1080x1080_Black___Nodepay_2_Logo.jpg

SINGAPORE, Dec. 26, 2024 — Nodepay, a decentralized AI platform transforming unused internet bandwidth into real-time data pipelines for AI training, today announced it has raised a second round of funding, bringing its total to $7 million.

The latest funding round welcomed new strategic investors IDG Capital ($23 Billion AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (Etherscan founder) and Yusho Liu (CoinHako Co-founder & CEO) as notable angels. They join an impressive roster of previous backers that includes Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital and more.

Nodepay’s network taps into a global community of users running privacy-protected nodes. By sharing their spare internet bandwidth, these participants earn rewards for creating a real-time data source that improves AI inference with accurate, timely information—an approach known as Retrieval Augmented Generation (RAG).

Darren Nguyen, co-founder of Nodepay commented: “Our mission is to develop solutions that create tangible value for both AI developers and its end users. We give contributors a share in the AI ecosystem they help fundamentally build.”

Nodepay’s infrastructure platform integrates real-time data retrieval, a Web3-focused decentralized answer engine, reinforcement learning for more accurate model output, and gamified human verification. Together, these components combine to create a fair, collaborative, and innovative AI ecosystem.

Eric Le, investment director of IDG Capital, said, “The team at Nodepay is democratizing the AI economy by providing a platform that allows users to share directly in the value they create. We’re proud to support their vision of making AI more accessible and beneficial to all.”

With this funding, Nodepay will continue to commercialize its infrastructure to benefit both its community and partner AI labs. As it prepares to launch on Solana, Nodepay stands ready to lead the next era of decentralized AI development and training.

Already serving over 1.5 million active users worldwide, Nodepay continues to expand its reach, solidifying its role as a leader in the integration of AI and blockchain technology. Users can expect further updates and new announcements through their social channels and official website.

About Nodepay
Nodepay is a decentralized AI platform dedicated to democratizing AI training through real-time data retrieval. By turning idle internet bandwidth into a valuable resource, Nodepay fuels the next generation of AI models and stands at the forefront of AI decentralization.

SOURCE Nodepay

SAN FRANCISCO, Dec. 26, 2024 — AusperBio Therapeutics, Inc. and Ausper Biopharma Co., Ltd. (collectively AusperBio), a privately held clinical-stage biotechnology company dedicated to advancing targeted oligonucleotide therapies to achieve a functional cure for chronic hepatitis B (CHB), today announced the successful completion of a USD 73 million Series B financing.

The round was led by HanKang Capital, with participation from Sherpa Capital, CDH Investments, and a strategic investor, as well as continued participation from existing investors Qiming Venture Partners, InnoPinnacle Fund, and YuanBio Venture Capital. This financing followed the company’s Series A round completed in July this year, demonstrating continued investor confidence in its proprietary platform and strategic direction.

The proceeds will fund the continued Phase 2 development of AHB-137, AusperBio’s lead investigational therapy, supporting both clinical studies in China and global trials, as well as the development of commercial-scale manufacturing processes. The funding will also facilitate the expansion of the company’s therapeutic pipeline and operational capabilities to drive sustained growth.

Dr. Guofeng Cheng, co-founder and CEO of AusperBio, stated, “ We are honored by our investors’ confidence and support. This milestone financing recognizes our scientific and clinical accomplishments to date and enables us to accelerate our clinical programs and move closer to delivering a functional cure for CHB patients in need.”

Dr. Chris Yang, co-founder and CSO, added, “AHB-137 continues to attract attention from the scientific and clinical communities, particularly after the late-breaking oral presentation at the recent AASLD conference. The promising clinical data further validates our Med-Oligo™ platform, strengthening our development of groundbreaking targeted oligonucleotide therapies for CHB and other serious chronic diseases.”

AusperBio is committed to delivering patient-centered innovations, aiming to alleviate the global health burden of CHB and transform treatment paradigms for this serious chronic disease.

About AHB-137

AHB-137, a novel unconjugated antisense oligonucleotide (ASO) developed within AusperBio’s proprietary Med-Oligo™ ASO technology platform, was designed to treat chronic hepatitis B for a functional cure. Its compelling preclinical and Phase 1 clinical data were highlighted at the 2023 EASL conference and the 2024 EASL conference, respectively. Interim Phase 2a data was presented in a late-breaking oral session at the 2024 AASLD. This novel dual-mechanism ASO has completed its global Phase 1b trial and is now undergoing multiple Phase 2 trials in China. With its global development strategy, AHB-137 is advancing rapidly toward the goal of an HBV cure.

About AusperBio.

AusperBio is a clinical-stage biopharmaceutical company with operations in the USA and China, dedicated to advancing oligonucleotide and targeted delivery technologies for transformative therapies, with an initial focus on curing chronic hepatitis B infection. The company has developed a proprietary Med-Oligo™ ASO platform which has been shown to substantially enhance the current ASO therapeutics, through novel insights into ASO design. Combining with efficient targeted delivery conjugation technologies, the modular Med-Oligo™ Platform empowers ASO therapeutics to treat a broad range of diseases, including viral infections, metabolic conditions, genetic disorders, and immune diseases.

For further information, please contact:

Media Contact
Email: [email protected]

Investor Relations Contact:
Tel: 650-888-1756 (US)
Email: [email protected]

SOURCE AusperBio Therapeutics Inc.

With over 25 years of investment experience, Jon’s role will advance Crosscut’s frontier technology strategy, supporting founders from technological breakthrough to bankable-scale commercialization

LOS ANGELES, Dec. 23, 2024 — Crosscut Ventures, an early-stage venture capital firm with deep roots in Southern California’s tech ecosystem, today announced the appointment of Jon Ylvisaker as Partner. Bringing more than 25 years of investment experience, Jon will join Crosscut to accelerate the firm’s growth and advance its commitment to scaling early stage frontier technology solutions in Crosscut fund six and beyond.

In his new role, Jon will lead Crosscut’s investment strategy in frontier energy, power, and advanced manufacturing innovations, while also supporting follow-on investments and thesis-driven strategies for growth-stage frontier tech companies. Crosscut’s approach emphasizes leveraging thesis-driven insights and targeted follow-on investments to scale portfolio leaders into market-defining companies. With a focus on transformative sectors, Crosscut identifies and supports groundbreaking technologies through both equity investments and select project finance opportunities. By accelerating commercial viability for standout companies, Jon will align his expertise in project infrastructure and finance with Crosscut’s mission to develop transformative technologies into scalable, market-ready solutions.

“The energy and industrial revolution happening outside of Silicon Valley will mark a new era for venture that is increasingly focused on atoms-based solutions. This requires catalyzing the talent that sits at the heart of California’s deep-rooted engineering ecosystem,” said Jon Ylvisaker, Crosscut Partner. “As Crosscut doubles down on this new era of Frontier Tech investment, I’m excited to play a part building on the Firm’s reputation as company builders and, most importantly, to invest in solutions improving the world for humanity. Our evolution requires new technologies that are essential for mankind and world order, namely clean and abundant energy, advanced manufacturing and resource extraction techniques on earth and in space, and next generation defense and security technologies. As the first and longest-enduring seed-stage venture firm in Los Angeles, Crosscut has paved a path to pursue this thesis and I’m confident it will uncover the next generation of visionary frontier tech entrepreneurs.”

As a Founding Partner and Managing Director of Yield Capital Partners, a firm he founded in 2013, and as Founder and Portfolio Manager at Wolfacre Global Management, a Tiger Management hedge fund, Jon’s investment experience includes startups and fully-scaled companies in sectors such as energy technologies and digital infrastructure, positioning him as a leader in fostering climate solutions.

“We’re delighted to welcome Jon to the Crosscut team as we deepen our commitment to tackling some of the most pressing issues of our time,” said Brian Garrett, Managing Director and Co-Founder of Crosscut Ventures. “Jon’s extensive experience in climate and digital infrastructure investments, coupled with his impressive track record of bringing groundbreaking technologies to market, makes him the ideal partner to help lead our focus. His leadership will be instrumental as we support founders who are reimagining energy, sustainability, and the future of technology at scale. We couldn’t be more excited to have him on board as we enter this new chapter for Crosscut.”

This appointment is aligned with Crosscut’s recent investment thesis evolution, as the firm targets frontier tech sectors including space, defense, resource extraction and the energy transition. Moving forward, Crosscut will exclusively focus its capital and company-building efforts on scalable solutions that address sustainability, security, and technological advancement on a global scale with a broader offering that includes financing solutions through growth and commercial scale. For more information, please www.crosscut.vc.

About Crosscut Ventures

Crosscut Ventures, one of LA’s longest-standing seed funds, invests in founders building solutions that provide humanity with a better future. Crosscut partners with founders focused on clean energy generation and power distribution, the commercialization of frontiers in space, the ocean, and the earth, decarbonization, and the upgrading of the U.S.’s defense systems. The firm is committed to using its 16+ years of experience, widespread connectivity, and proven playbooks to bring companies to commercial viability for the betterment of humanity.

For more information, visit www.crosscut.vc.

SOURCE Crosscut Ventures

Significant international investment defies sector trend

PHILADELPHIA, Dec. 23, 2024 — Today, GEMMA Biotherapeutics (“GEMMABio”) – a new therapeutics company founded by gene therapy pioneer Dr. Jim Wilson – announced the completion of a $34 million seed funding round to accelerate its groundbreaking gene therapy initiatives.

The $34 million seed round was co-led by Double Point Ventures, Bioluminescence Ventures and Earlybird Venture Capital, with additional backing from Savanne Life Sciences. This funding will fuel GEMMABio’s operational expansion and innovative gene therapy programs.

“We are delighted by the enthusiastic support from our engaged and high-quality partners, who share our vision for the future of gene therapy,” said Dr. Jim Wilson, President and CEO of GEMMABio. “Their involvement comes at a pivotal moment in the industry, and together, we are committed to expanding and speeding access to affordable gene therapies for the patients who need them most.”

GEMMABio is at the forefront of advancing gene therapy research, with a focus on accelerating the development and delivery of life-changing therapies to patients worldwide.

“We are excited to be part of GEMMABio’s journey from the outset, as the company is positioned for success with its technologies, continued innovation and unique partnerships,” said Campbell Murray, Senior Partner at Bioluminescence Ventures. “We are confident that GEMMABio’s patient-centered approach will not only deliver life-saving gene therapies to those who need them most but also drive meaningful value for shareholders.”

Since its launch on October 1, 2024, GEMMABio has several active programs, including a recently announced collaboration with Fiocruz, the main supplier of immunobiologics, biopharmaceuticals and diagnostics to the Brazilian Ministry of Health.

“GEMMABio’s innovative technology platform and ambitious mission to transform patient care make it a compelling partner,” said Florent Gros, Partner at Earlybird Venture Capital. “As the company accelerates the development and delivery of life-changing therapies, we are proud to support its journey to bring transformative solutions to patients worldwide.”

As GEMMABio continues to build momentum, the company is actively seeking strategic partners to collaborate on its mission to bring innovative therapies to market.

About GEMMABio

GEMMABio is a therapeutics company focused on advancing research and global access to life-changing advanced therapies for those living with rare diseases. The company will provide research and product development functions to bring gene therapy discoveries from the bench to the bedside faster and affordably.

GEMMABio is led by gene therapy industry pioneer Jim Wilson and his team of experts, who previously conducted their work in academia. Wilson is also the Chairperson of Franklin Biolabs, a Contract Research Organization that provides a full range of services from discovery to clinical vector manufacturing to the global genetic medicines industry.

For more information, please visit gemmabiotx.com.

Contacts:

Kristen Love

[email protected]

SOURCE GEMMA Biotherapeutics

Company Launches ION Marketplace for Application Developers and Integration Partners

LOS ANGELES, Dec. 23, 2024 — First Resonance, a leader in digital manufacturing solutions, announced the successful close of its latest funding round, led by Third Prime, with support from Craft Ventures, Blue Bear Capital, and E12. This investment, which brings total funding raised to $32M, marks a critical step in advancing First Resonance’s ION Factory OS platform, introducing new levels of efficiency, responsiveness, and sustainability to manufacturing. The funding will fuel product development, expand customer support, and launch the ION Marketplace — a dynamic ecosystem for application developers and integration partners to build digital solutions on ION Factory OS.

Customer Success and Industry Traction

First Resonance’s ION Factory OS platform has seen rapid adoption across diverse industries as manufacturers turn to the platform to meet modern production demands with precision and agility. The platform is a critical enabler for leading companies building advanced aircraft, advancing towards FAA certification of electric aircraft; Saronic, innovating autonomous modular boats to support America’s evolving maritime needs; and Radiant Nuclear, designing and certifying micro-nuclear reactors to address defense and civilian energy requirements. First Resonance has also partnered with established firms like Blue Canyon Technologies (RTX Corporation) and several other Fortune 500 companies seeking to elevate their manufacturing capabilities through digital solutions.

“We are proud to partner with pioneering manufacturers to help drive the future of digital manufacturing,” said Karan Talati, CEO of First Resonance. “ION Factory OS is enabling our partners to tackle complex challenges with agility and digital intelligence. Our platform isn’t just technology; it’s a tool for industry resilience, leadership, and transformation to address today’s most critical societal challenges.”

Market Tailwinds and the Imperative for Digital Transformation

The industrial landscape is at a pivotal juncture, with rising labor costs, increasing global competition, and the need for resilience underscoring the importance of digitization. As initiatives like the Inflation Reduction Act (IRA) and U.S. defense procurement priorities prompt a shift towards more agile, adaptable manufacturing, First Resonance is poised to meet these demands with solutions that accelerate automation and increase productivity.

Mr. Talati continued, “When we founded First Resonance in 2019, we anticipated the demand for more responsive, tech-enabled manufacturing. This vision is now a reality, validated by market trends and increasing customer demand across sectors.”

New Investment to Accelerate Digital Manufacturing

This recent funding round, led by Third Prime, reflects growing investor confidence in the future of manufacturing technology and the ION Factory OS platform. With participation from existing investors Craft Ventures and Blue Bear Capital, along with new investors Fortitude, Emerson Ventures, and E12, the investment underscores the venture community’s commitment to innovation in manufacturing and its potential for transformative impact.

“First Resonance’s track record of rapid customer adoption and their forward-thinking approach in launching the ION Marketplace position them as a leader at the forefront of the digital manufacturing revolution. We believe in their vision to bridge traditional manufacturing with cutting-edge technology and their unique market approach in helping companies tackle national security and the energy transition,” said Third Prime General Partner Mike Kim.

The Horizon: Introducing ION Marketplace and AI-Driven Manufacturing Workflows

First Resonance is further expanding its network of integration partners to bring digital solutions to a broader set of manufacturers, connecting the industrial base with the transformative capabilities of ION Factory OS.

With the ION Marketplace, First Resonance is establishing a hub for developers, systems integrators, and software partners to create tailored applications that enhance manufacturing operations. The marketplace will empower manufacturers to customize their digital capabilities, aligning them with specific industry needs and operational goals. Launch partners such as Silkline, Hadrian, and Duro already offer innovative solutions on the ION Factory platform, and the ION Marketplace ecosystem is open to additional developers. Application developers and integration partners are invited to sign up to list their solutions on the ION Marketplace starting today.

“Our initial launch partners and the success our customers are experiencing with their solutions validate our approach in opening up the ION Marketplace to more integration partners, as well as developers who want to build solutions for manufacturers using the data on the ION platform, providing a streamlined UX for the end-customer,” said First Resonance’s Head of Product, Manav Sanghvi.

Additionally, First Resonance is accelerating its development of AI-driven manufacturing workflows, providing customers with proactive, integrated AI capabilities that streamline operations and reduce redundant tasks. Unlike standalone AI models, First Resonance’s approach embeds intelligent automation into day-to-day workflows, enhancing productivity and responsiveness.

“AI for manufacturing goes beyond isolated models—it’s about embedding intelligence into workflows that advance operations seamlessly,” Mr. Talati noted. “With secure, proactive AI workflows, First Resonance is leading the transformation of the manufacturing industry.”

This funding will enable First Resonance to deepen customer support and enhance platform reliability while fueling continued product innovation.

About First Resonance

Founded in 2019, First Resonance is redefining manufacturing for the 21st century with ION Factory OS, a platform that enables global manufacturers to operate with agility, efficiency, and digital intelligence. Supporting over 50 manufacturers globally, the ION Factory OS empowers manufacturers across aviation, defense, energy, and more. With support from its investors and integration partners, First Resonance is committed to shaping the future of manufacturing technology and driving a safer, more sustainable industrial landscape.

For more information and to explore the ION Marketplace, please visit https://www.firstresonance.io/.

For press inquiries please contact: [email protected]

SOURCE First Resonance