$SYMM Token to Launch on Base Network, Revolutionizing Decentralized Derivatives

SINGAPORE, Dec. 12, 2024 — Symmio, a decentralized derivatives protocol with over $8B in trading volume, has raised $3.1M in funding, including $2.1M in new investments from top-tier investors including Spartan Group, Orbs, MCLB and Blockchain Founders Fund as well as previous investments by @AgentChud (Messi), MS2 Capital, Gametheorizing (Selini Capital), GMoney & Prime Ventures. The funding comes as Symmio gears up for its Token Generation Event (TGE) on December 16, 2024, introducing the $SYMM token on the Base network. Initial liquidity will be provided via SYMM/ETH pairs on Aerodrome Finance.

Simplifying Decentralized Derivatives

Symmio addresses DeFi‘s liquidity and fragmentation issues through its intent-centric clearing layer. This infrastructure enables users to create synthetic derivatives markets with minimal barriers.

Derivatives-as-a-Service (DaaS): Symmio offers an industry-first solution that allows exchanges to launch decentralized derivatives trading platforms within days. Symmio empowers partners to focus on user acquisition and community growth by managing liquidity onboarding.

Symmio provides $200M in open interest and 600+ trading pairs across networks like Arbitrum, Base, BSC, and Mantle, with non-EVM chains coming soon. MarketMakers can permissionlessly create new markets such as Forex, Commodities, and Memes, while Front-End partners focus on expanding user engagement.

Elite Investor Support

“Symmio is not just advancing DeFi—it’s setting new standards in decentralized derivatives,” said Aly Madhavji, Managing Partner at Blockchain Founders Fund. “Their innovative AMFQ technology and scalable multichain infrastructure are reshaping what’s possible in on-chain trading. We’re excited to support their journey toward transforming the future of decentralized finance.”

Symmio’s approach surpasses traditional on-chain orderbook systems like DyDx, which cap at 200K TPS. Instead, Symmio employs a topological, intent-based system with off-chain orderbooks maintained by Solvers, enabling massive parallel order matching before on-chain finalization.

“Symmio’s technology is a game-changer for derivatives trading,” said Jack Knutson, Head of BD at Symmio. “By eliminating intermediaries, we deliver scalability without compromising decentralization or trustlessness.”

Driving Change in DeFi

Unlike protocols that rely on on-chain orderbooks—such as DyDx or Hyperliquid, which can reach a maximum of 10,000 TPS when decentralized or 200,000 TPS with co-location—Symmio aims far higher. Its vision includes onboarding billions of users and accommodating TradFi institutions requiring millions of messages per second, a scale on-chain order matching will most likely never be able to handle.

To achieve this, Symmio developed a topological, intent-based system. Multiple Solvers maintain off-chain orderbooks, enabling parallel order matching at an immense scale before finalizing trades on-chain. Inspired by Ethereum‘s L2 “endgame” scaling roadmap, Symmio’s approach has been in research & development since 2021.

“Symmio’s intent-centric, sharded order matching technology will represent a fundamental shift in how derivatives are traded on-chain,” said Jack Knutson, Head of BD at Symmio. “We eliminate traditional intermediaries while maintaining full decentralization and trustlessness.”

Symmio’s TGE on December 16, 2024, marks a significant step forward in creating a decentralized future for derivatives trading.

Learn more at: www.symm.io
Media Contact: Jack Knutson | [email protected] | +1 (555) 123-4567

About Symmio

Symmio is an intent-centric clearing layer for derivatives, enabling seamless and permissionless exposure to established and emerging assets. Our infrastructure allows founders to launch decentralized derivatives exchanges in days, allowing them to focus on user growth while we manage liquidity onboarding.

With Peer2Peer clearing, liquidity providers can offer synthetic leveraged exposure to any asset, enhancing market accessibility. Currently live on four blockchain networks and supporting five decentralized exchanges, Symmio drives innovation in DeFi by delivering top-tier solutions for the next generation of financial products.

SOURCE Symmio

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RADNOR, Pa., Dec. 12, 2024 — In a strategic move to support innovation and growth in the agricultural supply chain sector, Hidden River Strategic Capital (“Hidden River”) has announced its investment in Seedbox Solution (“Seedbox” or the “Company”), a full-service provider of reusable packaging and fleet management solutions to the seed industry. Hidden River’s investment, in partnership with Granite Creek Capital Partners and Everside Capital Partners, supported the management-led buyout of the Company’s previous majority shareholder, while making available significant growth capital.

Seedbox was founded with the goal of making bulk, reusable seed boxes simpler, easier, and more affordable. The Company distributes its boxes globally while supporting seed producers locally with servicing operations throughout the Midwest. With its largest facilities in Good Hope, IL, and Shenandoah, IA, Seedbox is positioned to deeply integrate with its customers’ supply chains. Co-founder and CEO Matt Dannenfeldt will continue to lead the business, along with the rest of the existing Seedbox management team.

“We are thrilled to support the Seedbox management team as they continue to drive efficiency and innovation throughout the seed industry supply chain,” said Todd Morrissey, Co-Founder and Partner at Hidden River. “This transaction aligns perfectly with our investment strategy of providing flexible structured capital to strong businesses led by exceptional management teams. We see significant potential in Seedbox’s capacity to innovate and streamline supply chain logistics within the agricultural sector.”

“The investment from Hidden River positions us to invest in a variety of growth initiatives to better serve our customers, including expanding our seed box wash and repair business and growing our unified box rental/service,” said Matt Dannenfeldt, Seedbox’s Co-Founder and CEO. “We will also be able to expedite the introduction of cutting edge ‘smart box’ technology, allowing our customers to monitor seed product location, health, and status in real-time through the supply chain.”

About Hidden River Strategic Capital:
Hidden River Strategic Capital invests $7.5 million to $25 million into U.S.-based businesses typically generating at least $10 million of revenues and $2 million of EBITDA. Hidden River provides structured capital through flexible, customized, and partnership-oriented debt and equity to support these management-owned businesses through their growth needs and strategic initiatives. The Fund invests in a variety of industries with a strong preference for unique, repeatable, and durable business models. For more information, please visit www.hiddenrivercap.com. 

About Seedbox Solution:
Headquartered in Gurnee, IL, with operating sites in Good Hope, IL and Shenandoah, IA, Seedbox is a full-service provider of reusable packaging and fleet management solutions to the row crop seed industry with a focus on plastic seed boxes. With over 75 years of combined expertise in reusable packaging systems, Seedbox is focused on providing products and services that make using bulk plastic seed boxes simpler, easier, and more affordable. For more information, please visit www.seedboxsolution.com.

For media inquiries, please contact:

Graham Bachman

Managing Director, Head of Business Development
Hidden River Strategic Capital
Email: [email protected]
Phone: 484-453-3134

SOURCE Hidden River Strategic Capital

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Evinced’s software-based, prevention-first approach to accessibility is adopted by even more Global 500 corporations

PALO ALTO, Calif., Dec. 12, 2024 — Evinced, the leading software company powering accessible web and mobile development, today announced it has raised $55 million in Series C funding, bringing its total funding to-date to $112 million. The round was led by existing investor Insight Partners, a global software investor, with participation from existing investors M12 (Microsoft’s venture fund), BGV, Capital One Ventures, and Engineering Capital. Evinced also welcomed a new investor, Vertex Ventures.

As regulatory pressures increase and the importance of digital accessibility is understood, companies are finding that the best way to ensure digital accessibility is to build it into every step of the development life cycle. Evinced’s broad portfolio of tools for designers, developers, QA engineers and managers make that possible, with best-in-class defect detection, fix suggestions, and ease of use. Evinced is a pioneer in AI-based approaches that enable detection of problems that used to require purely manual approaches, and in generative AI accessibility solutions that are reliable and scalable across the enterprise.

This latest round of funding will accelerate Evinced’s mission through strategic investments in four key areas:

• Expanding the company’s European presence and customer base
• Growing its global sales and customer success teams
• Enhancing R&D capabilities in generative AI solutions
• Developing new products and services to meet evolving market needs.

“This funding round is a clear indication that digital accessibility is now a business imperative, not just an option,” said Navin Thadani, CEO and founder of Evinced. “The continued support from our existing investors and the addition of Vertex Ventures reflects their belief in our ability to address accessibility challenges at scale. As we expand into Europe, which faces even more regulatory pressure, we’re also investing in accelerating our development of generative AI capabilities that complement our core mission of empowering developers to build inclusive digital experiences from the start.”

Evinced’s rapid adoption since 2021 means its software is now trusted by some of the world’s leading companies, including financial institutions with collectively $26 trillion of assets, five of the ten largest media companies in the US and UK, three of the five largest B2B SaaS companies in the US, three of the 10 largest healthcare companies in the US, and two of the five largest retailers in the US.

“We’re excited to deepen our partnership with Evinced through this new investment,” said Michael Yamnitsky, Managing Director at Insight Partners. “Evinced brings an AI-driven platform approach to accessibility management, replacing expensive and tedious manual audits and ad-hoc solutions. We couldn’t be more thrilled to support them on their mission to embed accessibility into the software development lifecycle.”

Evinced expects its dramatic growth to continue, as more companies run into the headaches that legacy approaches to accessibility present, as US courts continue to interpret the ADA in light of digital properties, and as European companies are required by statute to become accessible by the end of June 2025.

To learn more about Evinced’s products, please visit: www.evinced.com

About Evinced
Since launching in 2021, Evinced is the leading software for integrating accessibility into web and mobile development at the world’s largest, most accessibility-committed companies. Evinced’s powerful suite of tools enable developers and accessibility professionals to automatically find, cluster, and track accessibility issues, reduce reliance on manual processes, minimize risk, and speed up their time to market. Evinced is headquartered in California, with offices across the US, Europe, and Israel, and is backed by leading investors like Insight Partners, M12 (Microsoft’s venture arm), BGV, Capital One Ventures, Vertex Ventures, and others.

About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of June 30, 2024, the firm has over $80B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

SOURCE Evinced

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New funding comes just seven months after its Series A funding reflecting strong product innovation and customer momentum; Colin Jones joins as President

WASHINGTON, Dec. 12, 2024 — Sublime Security, the adaptive, AI-powered email security platform, today announced it has raised $60 million in Series B funding, bringing the company’s total funding to $93.8 million. The current round was led by IVP, with participation from new investor Citi Ventures, as well as existing investors Index Ventures, Decibel Partners, and Slow Ventures. The latest funding will support continued investment in Sublime’s platform and community.

Sublime Security is also welcoming Colin Jones as President to run go-to-market. Jones was most recently Chief Revenue Officer at Wiz, where he led go-to-market and drove company growth from $0 to $250M in revenue.

Customer traction
Since raising its Series A earlier this year Sublime has quadrupled its customer base, adding trusted enterprise companies including Elastic, Benteler, and Cribl to an impressive list of existing customers like Spotify, Reddit, Brex, and others.

“Email is the backbone of business communication but remains an outsized cybersecurity risk,” said Cack Wilhelm, General Partner at IVP. “Sublime not only gives security teams an effective and easy-to-use platform but also a transparent and configurable product. As the age of AI shifts the landscape, CISOs are looking to Sublime for an email security solution that can keep up.”

AI is changing the economics of phishing
The new round of funding comes as generative AI has made it easier and more cost-effective for threat actors to send highly targeted and varied attacks in high volumes. As attackers adapt their strategies, companies must keep pace and a one-size-fits-all approach to email protection is no longer sufficient. In 2023 alone, reported losses from Business Email Compromise (BEC) were nearly $3 billion with an even higher amount likely unreported.

The Sublime platform provides comprehensive protection from email-originated attacks with the ability to adapt to evolving threats without additional work from security teams. Sublime aims to transform email security in the same way CrowdStrike and Endpoint Detection and Response (EDR) revolutionized endpoint security—delivering comprehensive coverage with unmatched visibility and control.

“GenAI has radically changed the email security problem and yesterday’s solutions can’t solve the challenges of today and tomorrow,” said Josh Kamdjou, Founder and CEO of Sublime Security. “The future of email security lies in the flexibility to address new techniques from attackers and solve the real problems security teams see everyday with email. We’re thrilled this new funding will accelerate our mission to make email safer for everyone.”

A new standard for email security
Sublime offers a fundamentally new approach, leveraging an AI-powered detection engine to achieve higher efficacy and minimize missed attacks that can adapt in minutes or hours as threats evolve. The platform protects organizations against even the most advanced email-borne attacks, breaking away from the limitations of traditional black-box solutions.

Sublime’s Core Platform can be self-hosted for free at any scale, and the first 100 inboxes are also free in Sublime’s hosted SaaS environment. For more information, visit: https://sublime.security/.

About Sublime Security:
Sublime Security is the adaptive, AI-powered cloud email security platform that combines best-in-class effectiveness with unprecedented visibility and control. The open platform allows security teams to have transparency and flexibility in their email environment to spend less time on email-originated incidents. Advanced teams can customize detections, threat hunt, extend Sublime into their SIEM or SOAR, and collaborate with other teams. Deploy Sublime Core for free or Sublime Enterprise at https://sublime.security/start

SOURCE Sublime Security

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HONG KONG, Dec. 12, 2024 — On December 10, HashKey Chain announced the $50 million Atlas Grant Program to support global Web3 projects. This initiative aims to drive innovation in the OP Stack ecosystem, accelerate HashKey Chain’s application layer growth, and boost on-chain adoption.

HashKey Chain leverages OP Stack technology to enhance transaction speed and reduce fees. This open-source framework powers Optimism’s L2 Rollup and allows developers to build customizable Layer 2 blockchains with Ethereum‘s security.

The grant pool includes $50 million in HSK tokens, with $10 million allocated initially. Funding is tied to milestone achievements by developers and teams building on HashKey Chain.

Key Areas of Focus:

• RWA (Real-World Assets): Tokenization of financial assets for liquidity and transparency.
• PayFi, stablecoins, and BTCFi: Driving blockchain adoption in finance.

Hong Kong’s role as a financial hub makes it ideal for RWA tokenization, aligning with HashKey Chain’s compliance-focused strategy to bring traditional financial products on-chain.

CEO Statement:
“We are excited to announce the $50 million Atlas Grant Program to the global market,” said Kay, CEO of HashKey Chain. “We hope individuals, teams, and organizations joining the HashKey Chain ecosystem share a strong confidence in the future of the crypto industry. Together with HashKey Chain, we aim to build a thriving and open Web3 ecosystem, creating groundbreaking applications with real traction across major blockchains while achieving meaningful returns in the process.”

The first phase allocates $10 million in HSK tokens, with applications open from December 10, 2024, to January 10, 2025. Grant recipients will be announced on January 20, 2025.

X:@HashKeyHSK

Application: https://github.com/orgs/HashkeyHSK/discussions/new?category=session-1

SOURCE HashKey Chain

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Investment round including building materials industry leader Holcim and climate tech investor GVP Climate to advance commercial demonstration of company’s Joule Hive™ Thermal Battery to decarbonize industrial heat processes

BOSTON, Dec. 12, 2024 — Boston-based Electrified Thermal Solutions, a leader in electrified heating and thermal energy storage solutions, has raised $19 million to accelerate the commercial demonstration and growth of its MIT-developed Joule Hive Thermal Battery (JHTB) system. The round is backed by world-leading industrials in the mining, metals, building materials and energy sectors, including Holcim MAQER Ventures, Vale Ventures, TechEnergy Ventures, EDP Ventures and Tupras Ventures alongside financial investor GVP Climate and follow-on investors, Clean Energy Ventures and Starlight Ventures, with participation from Mass Ventures and Clean Energy Venture Group.

Industrial heat processes, a critical yet overlooked source of global emissions, continue to challenge decarbonization efforts. Accounting for 20% of greenhouse gas emissions – 85% of which are derived from fossil fuel combustion – these energy-intensive sectors lack cost-effective options for decarbonization today. Electrified Thermal’s innovative solution leverages renewable electricity sources to generate zero-carbon heat at unprecedented temperatures. Its patented brick technology is the first thermal energy storage system to reliably deliver ultra-high temperatures reaching up to 1,800°C / 3,275°F. This breakthrough enables cost-efficient electrification across industrial sectors and applications, by providing zero-carbon heat generation that matches the flame temperatures industrial processes require.

“The world demands technology solutions that can do the job of fossil fuels affordably, scalably, and without carbon emissions,” said Daniel Stack, Co-founder and CEO of Electrified Thermal. “Mining, metals, cement, chemicals – the foundations of our built environment – are the most energy-intensive and stubborn industries to decarbonize. With the backing of these investors, our upcoming commercial demonstration will showcase the unmatched capabilities of the Joule Hive Thermal Battery at industrial scale, accelerating deployment across all heating applications, from boilers to dryers to furnaces in every industry.”

Nollaig Forrest, Chief Sustainability Officer, Holcim said, “The team at Electrified Thermal Solutions has developed an innovative technology that turns bricks into batteries. With our investment, we look forward to scaling up this clean energy solution across our operations to accelerate the shift to sustainable building at scale.”

Global mining company Vale echoed this sentiment. “Investing in start-ups with solutions that promote the decarbonization of the mining chain is one of our key missions”, said Bruno Arcadier, head of Vale Ventures. “Electrified Thermal’s solution has the potential, in the future, to contribute to the decarbonization of our direct scope 1 emissions, as well as scope 3 emissions, relating to our value chain, by generating high temperature heat for industrial processes through electricity instead of fossil fuel.”

“Electrified Thermal stands out for their pragmatic approach to solving industry’s most pressing challenge – efficiently and economically decarbonizing industrial heat – with the added benefits of seamlessly integrating into existing infrastructure and unlocking a market opportunity of ca. $100 billion,” added Brett Olsher, Co-founder and CIO of GVP Climate.

“With the mission to lead the energy transition, EDP is already at the forefront of decarbonizing industrial processes by offering electrification solutions to its clients. EDP Ventures’ investment in Electrified Thermal Solutions reinforces this commitment, making it more competitive and achievable for industrials to shift to renewable sources and to reach net zero”, said Luís Castro Henriques, General Partner of EDP Ventures.

This funding keeps Electrified Thermal on course to have its first-of-a-kind commercial demonstration operational in 2025, the critical next step in decarbonizing industry. The investment will help Electrified Thermal lay the foundation for scaling manufacturing and support efforts to expand its industrial customer base and secure contracts. Electrified Thermal’s 2025 JHTB demonstration will propel it forward on its mission to deploy 2GWs of thermal power capacity by 2030.

About Electrified Thermal Solutions: Electrified Thermal Solutions is pioneering the future of zero-carbon industrial heat. Developed at MIT, the electrically and thermally conductive bricks at the heart of Electrified Thermal’s Joule Hive^TM Thermal Battery (JHTB) represent a step-change improvement in electric heating element technology in terms of high-temperature performance and durability. The company’s JHTB generates, stores, and delivers unprecedented near-flame temperature heat (up to 1,800°C / 3,275°F), offering the most cost-effective, clean alternative to fossil fuels.

With industrial heat processes responsible for over 20% of global greenhouse gas emissions, Electrified Thermal is creating the commercially viable decarbonization pathway for industries such as power, cement, mining, steel and metals, chemicals, and food processing. The Boston-based company is on track to commercialize the JHTB by 2026, accelerating the transition to decarbonized industrial processes and helping industries meet their net-zero goals.

For more information, please visit www.electrifiedthermal.com.

Media Contact:
Emily Torrans
Mahoney Communications Group
[email protected]
(212) 220-6045

SOURCE Electrified Thermal Solutions

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HOUSTON, Dec. 12, 2024 — MetOx International, Inc. (MetOx), a U.S. leader in high-temperature superconducting (HTS) technology, is proud to announce an investment from Elemental Impact, a leading climate-focused investment platform dedicated to scaling technologies with deep community impact. This strategic funding will accelerate the expansion of MetOx’s Houston, Texas production line and the deployment of its cutting-edge Xeus™ HTS wire, technology poised to revolutionize power delivery and critical energy infrastructure.

Elemental Impact has a 15-year history of advancing climate solutions through catalytic capital, project expertise, and community partnerships, having invested in over 160 companies and deploying more than 150 projects in local communities globally. The investment in MetOx aligns perfectly with Elemental Impact’s mission to scale technologies that deliver both infrastructure and community benefits. 

Danya Hakeem, Vice President of Portfolio at Elemental Impact highlighted the significance of this investment: “Building domestic manufacturing capacity for critical grid technologies is essential for America’s energy future. MetOx’s expansion in Houston demonstrates how we can simultaneously advance grid modernization and create quality manufacturing jobs. Their technology represents exactly the kind of innovation needed to unlock the next wave of clean energy deployment.”

Bud Vos, CEO of MetOx, shared his excitement about the partnership: “Elemental’s support affirms our vision and propels us toward our large-scale production of Xeus Wire. Together, we are laying the groundwork for breakthroughs that will drive scalable renewable energy and essential infrastructure solutions.” 

Expanding Horizons in Climate Technology

The investment in MetOx is part of Elemental Impact’s broader strategy to expand its platform and meet the evolving needs of climate entrepreneurs. As a national implementation partner for the EPA’s $27 billion Greenhouse Gas Reduction Fund, Elemental Impact has received $100 million to deploy later-stage commercialized technologies, positioning the organization to drive significant progress in climate technology development and deployment.

This partnership between Elemental and MetOx represents a powerful combination of innovative technology and strategic investment, poised to accelerate the transition to a more sustainable and resilient energy future.

About MetOx International

MetOx is a U.S. leader in high-temperature superconducting (HTS) wire manufacturing, enabling groundbreaking advancements in renewable energy, fusion energy, high-field magnets, and the electrification of tomorrow’s grid. Headquartered in Houston, TX, MetOx leverages its proprietary manufacturing processes to produce its scalable, high-performance Xeus wire, addressing the accelerating needs of the energy transition. Keep current with MetOx on LinkedIn.

About Elemental Impact
Elemental Impact is a non-profit investor with 15 years of experience scaling innovative technology projects with deep climate and community impact. Elemental invests catalytic capital and provides expert services to a growing portfolio of 160+ companies in energy, agriculture, transportation, industry, and nature-based solutions. The Elemental non-profit is supported by more than 40 philanthropic and government funders and is part of an expanding family of funds working in concert to mobilize capital from philanthropy, government, and private investors.

MEDIA CONTACT

Naomi Le Bihan, Director of Communications
MetOx International, Inc.
[email protected]

SOURCE MetOx International, Inc.

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Groundbreaking, First and Only ETF, Revolutionizes Private Equity Access for Retail Investors

NEW YORK, Dec. 12, 2024 — EntrepreneurShares (ERShares), a trailblazer in entrepreneurial and disruptive investment strategies, has made history with the acquisition of an additional $10M investment in SpaceX.  This purchase follows last week’s inaugural investment, bringing the total investment to over $20m (including the recent 37% appreciation). SpaceX now represents the top holding in its ERShares Crossover ETF (Nasdaq: XOVR) with a 12.3% overall weight. XOVR is heralding a new era for ETFs by blending public and private equities into a single, liquid fund. Relaunched on NASDAQ on August 29, 2024, XOVR uniquely provides investors with access to private equity—an asset class traditionally reserved for institutional and accredited investors.

XOVR democratizes private equity by combining daily liquidity, diversification, and ease of access for both retail and institutional investors. Importantly, it also provides daily pricing at Net Asset Value, distinguishing XOVR from some closed-end funds, that hold the same SpaceX investment yet trade at levels more than 10x the Net Asset Value. 

A Milestone in Private Equity Access
Dr. Joel Shulman, Founder & CIO of ERShares and Babson College professor, expressed excitement over the SpaceX acquisition:
“We are thrilled to announce an additional purchase of SpaceX making it, by far, the largest weight (12.3%) in XOVR. This investment follows our purchase last week, that increased 37% in less than 10 days. Private equity has historically been an exclusive domain, limited by illiquidity, lock-ups, price premiums, and significant barriers to entry. XOVR breaks these barriers, offering unprecedented access to a previously untouchable asset class without any premium to net asset value.”

XOVR allocates over 85% of its holdings to the Entrepreneur 30 Total Return Index (ER30TR) and up to 15% to private equities like SpaceX, delivering a balanced portfolio that capitalizes on entrepreneurial growth. Notably, the strategy of the ER30TR was originally based on a VC model applied to publicly traded securities.  The inclusion of private equity now extends the existing investment thesis.

Demonstrated Performance
The proprietary ER30TR Index, founded in 2005, has consistently outperformed major indices with a total return of 2023% (as of 12/11/2024), compared to:

• S&P 500: 640%
• Dow 30: 589%
• Russell 1000 Growth: 965%

Disclosure: While past performance does not guarantee future results, ERShares’ innovative approach has an established 20 year track record of identifying exceptional growth opportunities.

XOVR: The ETF for Visionary Growth Investors
Key features of XOVR include:

• Unmatched Access: Exposure to both public and private equity within a single ETF.
• Daily Liquidity: Tradeable on major U.S. brokerages, providing flexibility uncommon in private equity.
• Transparency: Valued at net asset value (NAV) for accurate pricing and value. Some closed-end funds trade at levels that are 10x NAV, making it appreciably more challenging for long-term profit potential.
• Ease of Entry: No minimum investment, making private equity accessible to all investors.

Eva Ados, COO & Chief Investment Strategist at ERShares, emphasized XOVR’s transformative impact:
“XOVR represents a paradigm shift in the ETF market, combining public and private equities like SpaceX to address a critical unmet need. The inclusion of privates like SpaceX further enhances its appeal, providing retail investors with a rare opportunity to gain exposure to pre-IPO growth.”

A Philosophy Rooted in Entrepreneurial Excellence
ERShares’ proprietary Entrepreneur Factor® (EF) model, built on 25 years of research at Babson College (#1 in entrepreneurship), evaluates over 18 attributes of entrepreneurial leadership, including management quality, innovation, and profitability. This model has been instrumental in identifying early-stage opportunities like Nvidia, Amazon, and Tesla.

With the addition of private equities XOVR ETF now enables retail investors to participate in the wealth creation early in the company’s life cycle.  This is the most dynamic, highest growth phase of a company’s life cycle when wealth creation accelerates.

“By investing in entrepreneurial companies, we’re investing in the future of the global economy,” said Dr. Shulman. “With XOVR, we’re focused on the next wave of ‘Magnificent 7’ companies poised to disrupt industries and drive growth. Institutional and high net worth investors have traditionally held an advantage over retail investors.  Now, as the rich get richer, retail investors can get richer too.“

For more information, visit entrepreneurshares.com.

Disclosures:
Investing involves risk, including potential loss of principal. Past performance is no guarantee of future results.

SOURCE ERShares

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The round led by Expa Ventures will advance product development and marketing efforts to help more companies hire 10 times faster by automating the most tedious hiring tasks

NEW YORK, Dec. 12, 2024 — Pin, the AI-powered recruitment tool that automates tedious hiring tasks and reduces time-to-hire by nearly 70 percent, today announced a $3 million seed round led by Expa Ventures, a leading early-stage venture firm and incubator. Pin serves over 600 customers. The funding will support Pin’s expansion, allowing the company to accelerate product development, scale marketing efforts, and meet rising demand driven by early customer success while growing its team.

In the $500 billion recruitment market, lengthy hiring processes are hindering growth for companies. With 47 percent of companies unhappy with how long it takes to fill roles and only 56 percent finding their recruiting effective, the pressure to find top talent is increasing. Most AI tools for recruiting are falling short, and traditional platforms can feel like searching for a needle in a haystack, leading to missed opportunities. Pin solves these problems by automating tedious and time-consuming steps like sourcing, outreach, and scheduling, acting as a Google-like search engine for recruitment efforts. With precise candidate matches, recruiters can focus on what matters most: building meaningful relationships with candidates and securing top hires.

“The hiring process is one of the most important, but frustrating responsibilities for companies because they are bogged down by inefficiencies and tedious tasks,” said Steven Lu, CEO and co-founder at Pin. “Pin tackles this problem head-on, freeing recruiters from time consuming tasks to focus on building relationships and hiring the best candidates ten times faster than traditional methods. We’re dedicated to making hiring not just faster but more human.”

Approximately 70 percent of candidates Pin recommends for their customers are accepted into the hiring pipeline, which shatters industry averages. With Pin, recruiters fill positions in just two weeks—compared to the 44-day industry average—while saving over two hours daily to focus on their business and securing top talent. 

The platform leverages advanced automation and data-driven insights to help organizations source, engage, nurture, and schedule candidates with speed and efficiency:

• Source: Pin instantly identifies ideal candidates based on a deep understanding of a company’s needs, cutting sourcing time from 4-10 days to immediate results.
• Engage: Saves time with pre-written, highly personalized emails that achieve exceptional open rates, reducing the typical 1-3 day process to instant.
• Nurture: Ensures no candidate conversation falls through the cracks with tailored follow-ups, shrinking response time from 4-10 hours to instant.
• Schedule: Hassle-free scheduling eliminates back-and-forth, streamlining the process from 1-2 hours to instant.

“Pin has redefined our hiring process, delivering precisely what we needed,” said Fahad Hassan, CEO and co-founder of Range. “Within just two weeks of using the technology, we were able to hire both a software engineer and a financial planner—roles that are critical to our growth. The platform’s speed and accuracy of candidate matching are truly unmatched.”

Pin serves over 600 customers nationwide—including signing over 300 new customers in the past 40 days. Pin has also increased revenue by four-timers in just over the past 30 days. Its flexible pricing model, combining per-user licensing with usage-based add-ons, ensures accessibility for diverse organizations. With advanced analytics and an intuitive design, Pin provides real-time insights into recruitment funnels, helping teams measure hire quality, track diversity metrics, and simplify the hiring process.

“As organizations strive to streamline their hiring processes, maintaining high-quality candidate interactions has never been more crucial,” said Milun Tesovic, partner at Expa Ventures. “Pin stands out as a leader in this space, automating fundamental hiring tasks to address critical pain points faced by recruiters today. We are excited to support their vision to transform the recruitment landscape and look forward to collaborating with their talented team to drive meaningful change across the industry.”

Pin’s latest update delivers new features for smarter recruiting. Enhanced search filters refine candidate targeting by location, experience, and demographics, while LinkedIn InMail integration streamlines outreach directly from the platform. A revamped dashboard improves tracking of candidate activity, and new features like phone number lookups, email signatures, and unsubscribe automation boost efficiency. Pin also achieved SOC 2 Type 1 compliance, a certification that validates its robust data security measures and commitment to safeguarding customer information.

The platform is built on nearly a decade of recruiting expertise from its founder, Steven Lu, and a core team composed mainly of the professionals behind the successful development and sale of Interseller to Greenhouse.

The new funding will be used for research and development, enhancing Pin’s platform with new features, and expanding the team to meet increasing customer demand. To learn more, please visit: https://www.pin.com/.

About Pin
Pin is an all-in-one AI-powered recruiting agent designed to streamline the hiring process and connect organizations with top talent faster. Its innovative technology, developed by a team with nearly a decade of recruiting expertise, offers a smarter, more efficient solution for modern workforce needs. With flexible pricing models and scalable options, Pin is trusted by businesses of all sizes to optimize their recruiting efforts. To schedule a demo or learn more, visit https://www.pin.com/.

SOURCE Pin

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