TEL-AVIV, Israel, Oct. 4, 2024 — Kando, a leading wastewater intelligence company dedicated to improving global wastewater quality through innovative solutions, is excited to announce the successful close of its latest investment round, raising $10 million, bringing the total amount raised to $30 million.

Wastewater quality is a huge global challenge that impacts water availability, public health and the environment. Kando was founded by Zohar Scheinin and Ari Goldfarb and operated as a bootstrap company in its early years. This round was led by prominent investors, including DC Thomson, LIP, Ram-On Investments, Bridges Israel, ICI Frund, Aliaxis and OurCrowd. The investors joined forces to support Kando’s mission of transforming the water sector with cutting-edge technology. 

The investment will drive Kando’s extensive global expansion, focusing on the US and Europe. Kando’s solution, built on proprietary machine learning models trained on unique in-house IoT wastewater data, optimizes wastewater quality management.

Backed by a robust data science team, including experts with PhDs in Biophysics, Biology, and Mathematics, Kando leverages Generative AI to transform analytical insights and industry knowledge into actionable business actions. This innovative approach enables significant cost savings, enhances wastewater reuse, and supports sustainable urban water management in cities across the US and Europe. 

John S. Thomson, Investment Director, DC Thomson:
“As a purpose-driven company, we are dedicated to driving meaningful change. We are thrilled to support Kando on their journey to make a positive impact on the communities we serve. We are looking forward to helping Kando improve water quality in the ocean, rivers, and streams in the UK. Kando’s solution, based on GenAI, aligns perfectly with our mission to invest in technologies that support a sustainable future.”

Mario Nissan, Managing Partner at LIP Ventures:
“We are excited to collaborate with Kando on scaling their wastewater intelligence solution. Kando is a prime example of how AI can address complex challenges in a market that is so important to people’s lives. We look forward to supporting Kando’s leadership and leveraging our unrivalled network of corporate and entrepreneurial decision-makers.”

Gili Elkin, partner at Kando and the Israel-Colorado Innovation Fund:
At ICI Fund, we are dedicated to investing in innovative AI technologies that address pressing global challenges. Kando’s pioneering approach to wastewater intelligence perfectly aligns with our mission to drive meaningful impact. We believe in Kando’s ongoing commitment to protecting public health and the environment through advancements in wastewater quality – now further enhanced by the power of Generative AI.

Josh Hersch, Investment Director at OurCrowd:
“Kando’s pioneering use of Generative AI in wastewater management is a game-changer for the environment and public health. This investment allows us to back a technology that not only improves water quality but also empowers communities globally. We’re proud to support Kando’s mission and look forward to seeing the transformative impact it will bring.”

 Fredrik Östbye, Head of Aliaxis Next:
“As a company focused on providing sustainable water management solutions, we are excited about our partnership with Kando. Their Generative AI-driven platform is exactly the type of innovation the water sector needs to address its growing challenges. We are thrilled to support the development of cutting-edge technology that enhances water quality worldwide.”

Ari Goldfarb CEO and Co-founder KANDO:
“We are excited and looking forward to working with our new partners who have joined us, together with the existing investors who have once again shown their trust and support to solve the global water challenge. This investment will further empower the use of AI to improve decision-making in the water sector, benefiting populations worldwide. Kando’s solution, powered by Generative AI, allows us to manage and improve wastewater quality, save millions of dollars, and enable the reuse of wastewater. This investment will accelerate our growth and create more value for cities in the US and Europe.”

Media Contact:
Eve Ferguson
Public Relations Manager, Fifth Ring
+44 1224 628083
[email protected] 

About Kando

Kando’s journey began in the heart of southern Israel, a region renowned for pioneering water conservation and innovation. Inspired by the region’s commitment to sustainable water practices, Kando was founded with a vision to revolutionize wastewater management. Our mission is to make a positive impact on global public and environmental health by enhancing wastewater quality. Our journey has been driven by a passion for cleaner water and a healthier planet. At the core of our efforts is our data intelligence platform. We empower our clients to make informed decisions, guiding them toward a future where wastewater management is efficient, sustainable, and aligned with their goals and vision.

For more on Kando’s origins and evolution, read Kando’s full story here.

SOURCE Kando

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KANSAS CITY, Mo., Oct. 3, 2024 — 2Quip, the leading peer-to-peer equipment-sharing platform, is excited to announce a pivotal addition to their SaaS offering, an innovative e-commerce Storefront. This addition allows individual equipment owners and small to mid-size rental businesses to easily create an online equipment rental store, optimizing their customer journey to increase rental volume, and drive revenue growth.

2Quip equipment host Todd Langenhorst shared, “Being able to manage my growing rental business online with 2Quip’s new Storefront feature is a game changer for a small rental business owner like myself. I can now share my inventory with the click of a button, modify invoices on the fly, and message my renters to extend rental periods and manage delivery.” He added, “I signed up for their Growth tier last month – their marketing services have sent me $4200 in new business over the last three weeks. 2Quip is making it easy for me to run my business and increase my revenue. That’s all you want in a platform.”

Benefits for Equipment Hosts

• One Stop Rental Shop Renters can get everything they need from a single rental provider, streamlining the process and simplifying rental coordination.
• Customizable Homepage With a dedicated URL that serves as an equipment rental business homepage, equipment owners can seamlessly build their online store and easily show case and share their entire inventory.
• Upsell and Cross-sell Opportunities Intuitive product placement tools enhance customer experience and increase average transaction value by showcasing related products or project bundles.
• Omnichannel Marketing Seamlessly integrates with Facebook and Google Ads for more efficient marketing across the entire customer journey.
• Optimized Mobile Experience Mobile-responsive, ensuring a seamless user experience for renters on any device.

The Storefront release is a critical part of 2Quip’s product roadmap for building a comprehensive, AI-powered platform that transforms idle equipment into revenue and provides a modern, convenient equipment rental experience to a growing population of professional and DIY equipment renters.

2Quip recently announce the launch of their seed funding round, they are seeking strategic partners to scale operations and extend market presence in key pilot cities. Visit www.2quip.com to experience the benefits of a modern equipment rental platform today.

2Quip is a leading peer-to-peer equipment-sharing platform revolutionizing how individuals and businesses access and monetize tools and equipment. By connecting equipment owners with underutilized assets to renters seeking affordable, convenient solutions, 2Quip provides a modern, streamlined, and on-demand rental experience. The platform leverages AI-powered listing and search capabilities, ensuring a seamless and efficient process for owners and renters. With a commitment to empowering entrepreneurs and fostering a supportive, collaborative community, 2Quip is dedicated to shifting the $127.9B equipment rental market into a more sustainable, accessible, and renter-centric experience.

More information about 2Quip is available at www.2quip.com.

Media Contact:
Heidi Darling
2Quip
Phone: 1-415-302-4777
Email: [email protected]
Website: www.2quip.com

SOURCE 2Quip

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ST. LOUIS, Oct. 3, 2024 — Rezilient Heath, a leading tech-enabled healthcare company, has announced today that it has closed a $10M Series A funding round led by Govo Venture Partners with participation from Bridge Ventures, Acorn Pacific Ventures, The Council, Jim McKelvey (Co-Founder of Block, formerly Square), Mark and Robyn Jones (Founders of Goosehead Insurance), Jeremy Friese (Founder of Verata Health), and David Karandish (Founder of Answers.com).

With this funding, Rezilient plans to bring concierge healthcare to more people — regardless of where they are on the economic spectrum — and expand its scope of services. The funding follows on the heels of the announcement that Oklahoma State University partnered with Rezilient Health to provide a comprehensive multispecialty care benefit to faculty and staff at the newest CloudClinic™ location in Stillwater, OK.

Rezilient Health has gained recognition as a trailblazer in the hybrid healthcare space for its CloudClinic™ model and same-day access to primary and specialty care. Beaming remote primary and specialty care physicians into CloudClinics™ means a shorter time to diagnosis and more timely treatment, plus a much more effective commercial model that helps physicians deliver better care.

Winter Park, Florida-based Govo Venture Partners invested in Rezilient’s Series A funding round through its first fund, Govo Fund I. Govo invests in early stage companies, Seed round through Series A, for which doing business with governments or navigating government regulations is an important success factor. Celebrated athlete Tim Tebow is a partner in the fund.

“Our Series A investment in Rezilient is the direct result of the company and its leadership exceeding all the goals expected at this stage. We deeply believe in the company’s mission, which is transforming the delivery of primary and multispecialty care in massive markets ripe for improvement,” said Rob Panepinto, managing partner of Govo Venture Partners.

“Our goal today is the same as on day one: flip the traditional healthcare model on its head and deliver care that centers a relationship between patients and their care team, in the communities that are typically overlooked by the innovation economy,” says Dr. Danish Nagda, Rezilient’s CEO and Co-Founder. “This capital is not only a testament to our team’s commitment to our customers, partners, and the families we continue to serve, it also sets the foundation for rapidly growing our impact across more communities that are suffocating under the weight of the traditional U.S. healthcare industry.”

“Making every doctor available at every CloudClinic™ location meant that we broke fundamental assumptions in scheduling, messaging, and care delivery, and had to build our platforms from the ground up,” says Jeff Gamble, PhD, Rezilient’s COO and Co-Founder. “Creating a model where every touchpoint — even in our CloudClinics™ — is digitally captured, has unlocked entirely new ways that we can drive value for our customers and the healthcare industry at large.”

Rezilient members can access primary care, urgent care, specialty care, labs, and imaging, all in one place. Bringing the entire healthcare system under one roof reduces utilization of costly downstream care like emergency room and hospital visits, the result is a dramatic return on investment for employers’ bottom lines, and for their employees’ health.

“We’re going beyond just solving short-term health problems,” continues Dr Nagda. “We’re creating the long-term doctor-patient relationships that are crucial for the best preventative care within an agile, distributed healthcare delivery system.”

For more information about Rezilient Health, contact Sar Ruddenklau, Head of Marketing and Communications: [email protected] or watch our announcement video.

For more information about Govo Venture Partners, contact Rob Panepinto, Managing Partner: [email protected]

About Rezilient Health

Rezilient reduces employers‘ total cost of care through increasing access and utilization of value-based primary and specialty care. Beaming our physicians into our CloudClinics^™ equipped with remote digital diagnostic tools is a world-first. It means Rezilient members can access all their care needs in one place: primary care, specialty care, and in-house labs, plus 24/7 messaging.

About Govo Venture Partners

GOVO Venture Partners is a Winter Park, Florida based company. GOVO Fund I is a venture fund that invests, seed round through series A, in early-stage companies for which doing business with government or navigating government regulations is an important success factor. For more information, visit http://govovp.com.

SOURCE Rezilient Health

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Paren was founded in 2023 with the goal of accelerating the adoption of electric vehicles by enabling a seamless driving experience. The company, after acquiring EVSession, LLC in March 2024 and experiencing accelerated growth, recently completed an additional acquisition of EVAdoption LLC, an EV infrastructure data and analysis firm. Loren McDonald, EVAdoption’s founder and a trusted industry expert joins the executive team as Chief Evangelist.

Paren estimates that 100 million public fast charging sessions will occur in the U.S. in 2024 and expects over 1 billion charging sessions by 2030 at which time a projected 7.5% of vehicles in operation will be battery powered. Access to rich data sets, including EV charging station reliability, is key to realizing this expansion. As a neutral platform, Paren synthesizes fragmented data across the ecosystem into a unified model, addressing the limitations of closed-loop systems, and enabling more powerful applications to be built on top of its dataset. Paren’s reliability analysis has been validated by a recent charger health study (source).

“We are thrilled to have the support of Base10 and our other investors as we address the foundational aspects of the EV charging infrastructure with unified data insights”, said Florent Breton, CEO and Co-Founder of Paren. “With the continued momentum at Paren alongside the acquisition of EVAdoption, we welcome Loren as one of the most well-regarded experts in the industry.”.

“Based on our lengthy EV driving experience, we know that charging on the public network requires seamless access to availability, reliability, pricing, amenities, and safety data,” noted Bill Ferro, CTO and Co-Founder of Paren. “Our solutions are designed to empower automakers, map makers, fleet operators, and other enterprise customers to elevate the driver experience. Combining with EVAdoption’s data will broaden our platform and allow for more robust product offerings.”

This investment will allow Paren to grow its team, expand data sets, and scale its platform to meet the demand of enterprise partners. Notably, Paren is expanding its API access to reliability, plus augmenting its data sets around amenities, pricing, and safety to be seamlessly available to drivers using the national EV infrastructure.

“Paren’s data offers unique insights into the EV charging industry that continue to unlock key business opportunities for us,” said Brandon Stritch, CEO of StritchCo, a Charge Point Operator based in Florida and Paren Customer. “We look forward to benefiting from their expanded data sets and services to help us drive future revenue growth.”

“Charging anxiety is one of the biggest blockers to EV adoption, and much of that is the result of charger reliability. This is a huge problem today that is only getting more acute as EV adoption and production goals uptick,” noted Rexhi Dollaku, General Partner at Base10 Partners. “The team at Paren has deep industry expertise, familiarity with this point, and understanding/collaboration with the key market stakeholders. Paren has created a platform that we believe is uniquely positioned to solve the charger anxiety crisis.”

Learn more about Paren at https://www.paren.app/

About Paren
Founded by Florent Breton (CEO) and Bill Ferro (CTO), Paren Inc is based out of San Francisco, Ca. Acting as a neutral platform, Paren aggregates, enriches, and serves the most comprehensive data on the essential aspects of EV charging. Its data is accessible via an online application or API Gateway.

About Base10 Partners
Founded by Adeyemi Ajao and TJ Nahigian, Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and in companies that are automating sectors of the Real Economy.

SOURCE Paren Inc

Round Led by TenOneTen with participation from the Amazon Industrial Innovation Fund

PASADENA, Calif., Oct. 3, 2024 — 3Laws, a leader in dynamic safety solutions for autonomous systems, has secured $4.1M in seed funding.

The round is led by TenOneTen, with participation from the Amazon Industrial Innovation Fund. All pre-seed investors have chosen to maintain or increase their ownership in this round.

“It’s a fantastic vote of confidence that all of our previous investors decided to reinvest without hesitation,” said Dr. Andrew Singletary, 3Laws Co-Founder and CEO. “We’ve made significant advances over the past decade, and yet most machines are still not operating autonomously. Up until now, there was no universal way of making a system safe and efficient and it’s incredibly challenging for autonomous systems to react safely to changes in real-time without bringing the system to a halt. 3Laws brings real-time guardrails to supervise AI-driven machines operating alongside people in dynamic environments. It’s a technological leap that allows both safety and system performance.”

3Laws’ technology was originally developed at Caltech, driven by over a decade of research and development in robotics, control theory, and computer vision. This development effort was supported and facilitated by deep collaborations with industry leaders. The technology was deployed with these partners in a variety of hardware and operational settings, including drones, articulated robot arms, quadrupeds, and ground vehicles.

Today, 3Laws has developed dynamic safety software that can be deployed universally on any autonomous system utilizing existing sensors. The company’s core product, Supervisor, is flexible, scalable, and can integrate into existing autonomy stacks without requiring modifications to the underlying structure. Supervisor monitors signals from the existing autonomy software and modulates them, where necessary, to ensure dynamic safety in a deterministic and describable fashion. For development engineers, Supervisor removes corner cases and shortens development time. For operations managers, Supervisor ensures greater efficiency, improved reliability, and reduced risks. The end result is a system users can trust and deploy confidently.

“This funding gives us the fuel we need to make our technology more widely accessible and scale up our delivery to many more customers that urgently need it,” said Singletary. “We are raising the bar for what an autonomous system can safely do and setting new industry standards.”

“At Amazon, safety is our number one priority, and we believe that 3Laws’ software can help support the safety of a variety of automation systems deployed at Amazon,” said Franziska Bossart, head of the Amazon Industrial Innovation Fund. “We are excited to support the 3Laws team as they build software that has the potential to accelerate collaborative robotics and autonomous systems.”

Gil Elbaz, partner at TenOneTen, explained why they are excited to lead the investment in 3Laws: “Ever since I created the technology behind Google’s AdSense, I’ve been a big believer that it is possible to deliver extraordinary value only at distinct inflection points. 3Laws is positioned at this critical juncture because of their innovative approach to intelligent safety solutions for autonomous systems. The company has created the kind of breakthrough we look for at TenOneTen. We’re excited to see what the brilliant 3Laws team will create!”

Resources

• Visit our product page for a comprehensive run-down of what we offer our users.
• Visit our blog for a range of technical and conceptual explorations of topics in robotics and automation.

About 3Laws Robotics

3Laws Robotics delivers intelligent controls solutions that enhance safety and reliability for automated and remotely operated systems. 3Laws was founded by world-class experts in safety-critical control, including founder and Caltech Professor Aaron Ames, Dr. Andrew Singletary (CEO), and Dr. Thomas Gurriet (CTO). The founding team invented control-barrier functions (the 3Laws core technology) and has been improving the technology for over a decade. Our technical team boasts a combined 50+ years of experience developing and implementing advanced autonomous technologies.

3Laws AI Supervisor software provides safety and performance optimization for a variety of robotic systems including industrial manipulators, intelligent boats, racing drones, and mobile robots. 3Laws is dedicated to delivering reliable and affordable solutions for high-performance robotic development with a rigorous and easy-to-integrate safety framework.

Logo – https://mma.prnewswire.com/media/2522604/3Laws_Robotics.jpg

SOURCE 3Laws

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LAGOS, Nigeria, Oct. 3, 2024 — Aspens Capital Limited, a leading private equity firm in Sub-Saharan Africa, has made human capital development a cornerstone of its investment strategy. The company recognizes that human capital development is crucial for driving economic growth and prosperity in the region. Under the visionary leadership of Francis Eluma, Co-founder of Aspens Capital Ltd, the company has pioneered a new approach to human capital development, leveraging investment and venture capital to empower innovators and builders.

With a focus on sustainable economic growth and prosperity, Aspens Capital Limited provides necessary resources and expertise to early-stage and growth companies, supporting them in achieving their full potential. The company’s investment strategy prioritizes social impact, excellence, longevity, and sustainability, ensuring that portfolio companies create positive social impacts and benefit society as a whole.

Francis Eluma‘s leadership and expertise have been instrumental in shaping Aspens Capital Limited’s approach to human capital development. His passion for fostering economic prosperity and technological excellence in Africa has driven the company’s success. Under his guidance, Aspens Capital Limited has established itself as a trusted partner for innovators and builders in Sub-Saharan Africa.

Through its capacity building initiatives, Aspens Capital Limited has demonstrated its commitment to human capital development. The company’s leadership and management development programs have enhanced the skills and knowledge of entrepreneurs and business leaders, enabling them to drive growth and innovation in their respective industries.

Aspens Capital Limited’s investment advisory and consultation services have also been instrumental in supporting human capital development. The company’s team of experts provides critical financial resources and strategic guidance to entrepreneurs, accelerating their growth and success.

Aspens Capital Limited’s strategic approach to human capital development has positioned the company as a leader in private development-oriented equity in Sub-Saharan Africa. Through its investment strategy and capacity building initiatives, the company has demonstrated its commitment to  empowering innovators and builders, driving sustainable economic growth and prosperity in the region.

Contact:
Francis Eluma
Suite G4A 84 Kwame Nrumah Crescent, Asokoro, Abuja Nigeria
www.aspenscapital.com.ng
+2348032855260
+2348131637965

Media Contact
Dotmount Communications
www.dtcoms.com
[email protected] 

SOURCE Aspens Capital Limited

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Funding round led by Lightspeed Venture Partners will enable company to scale quickly to meet customer demand

SAN MATEO, Calif., Oct. 3, 2024 — Today, Avarra, announced an $8 million seed round of funding and general availability of the industry’s first fully interactive, AI-avatar based enterprise application. The first iteration of this game-changing application solves the intractable, decades-old problem of effectively training and ramping up sales professionals. Avarra’s powerful simulation platform leverages large-language models (LLMs) and 3D-avatars to accurately simulate actual customer sales meetings. This enables sales professionals to virtually get the experience (“at-bats”) and in-depth coaching needed to be productive in weeks instead of quarters – without sacrificing valuable prospects.

The round was led by Lightspeed Venture Partners, with participation from GTM Fund, Firsthand Alliance and industry leaders including John W. Thompson.

“Advances in LLMs and 3D avatars are enabling an entirely new class of enterprise applications,” said Arif Janmohamed, Partner at Lightspeed Venture Partners. “In a world of AI-hype, Avarra is delivering a game-changing solution that can be immediately deployed to sales teams to solve a previously intractable multi-billion dollar problem and make an immediate business impact for enterprise companies. And this is just the first version of the product, there are so many more applications for this technology from coaching to interviewing to come.”

Despite spending billions of dollars annually on sales enablement, it typically takes multiple quarters for new professionals to become productive or learn how to sell new products. This is because existing sales enablement and training approaches focus on giving reps, sales engineers and other sales professionals knowledge, but what they really need is experience. Avarra delivers realistic 3D AI-avatars trained from web-meeting transcripts and best practice playbooks that accurately simulate customer sales calls. Reps simply join a Zoom meeting and can interact as if speaking to a real customer or prospect. The Avarra avatar sales coach then provides feedback based on the customer’s sales methodology and best practices. This gives sales professionals a safe and effective place to get the “at-bats” they need to truly be productive–dramatically cutting the time and cost of ramping up new hires, launching new products and rolling out best practices.

“Everywhere simulation has been implemented it has revolutionized entire industries by dramatically shortening cycle times and lowering costs,” said David Knight, co-founder and CEO of Avarra. “The convergence of LLMs and 3D-avatars is for the first time bringing the power of simulation to complex people-to-people processes such as enterprise selling. Companies who adopt Avarra simulations can dramatically cut the time to ramp new hires or launch new products, accelerating market share gains and improving customer satisfaction.”

“We’re using Avarra to roll out a new pitch and demo script to our entire sales organization and it’s a real game-changer,” said Kyle Norton, Chief Revenue Officer of Owner.com. “I strongly believe great coaching is built around deep practice, and that repeated isolation drills are needed to learn and retain any new skill. With Avarra our reps are able to gain realistic experiences in a fraction of the time it used to take, and since it’s a simulation they are learning with virtual customers instead of sacrificing valuable prospects.”

About Avarra

Founded in 2023, Avarra is an enterprise avatar and AI-simulation company headquartered in San Mateo, CA. Its first application delivers realistic 3D AI-avatars trained from web-meeting transcripts and best practice playbooks that accurately simulate customer sales calls. Sales professionals simply join a Zoom meeting and can interact as if speaking to a real customer or prospect. This gives sales professionals a safe and effective place to get the “at-bats” they need to truly be productive…dramatically cutting the time and cost of ramping new hires, launching new products and rolling out best practices. To learn more about Avarra, please visit www.avarra.ai

About Lightspeed

Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 500 companies globally including Affirm, Carta, Cato Networks, Epic Games, Faire, Forty Seven, Guardant Health, Mulesoft, Navan, Netskope, Nutanix, Rubrik, Sharechat, Snap, Udaan, Ultima Genomics and more. Lightspeed and its global team currently manage $25B in AUM across the Lightspeed platform, with investment professionals and advisors in the U.S., Europe, India, Israel, and Southeast Asia. www.lsvp.com

About GTMFund

GTMFund is an early stage venture capital firm backed by 300+ of the best C-Suite/VP level operators in tech. Our network of Operator LPs have been there, done that at some of the fastest growing SaaS companies – Salesforce, Okta, Tableau, Mulesoft, Procore, Snowflake, Segment, ServiceNow, Rippling, and many more. GTMfund is more than capital. We have a flywheel of resources like community and media to support our portfolio companies, grow revenue, hire, and build distribution. We help you get from zero to IPO. www.gtmfund.com

About Firsthand Capital

Firsthand Alliance is the “Salesforce mafia” VC fund. We invest in ambitious founders who are building the future of business software from the earliest stage. www.firsthand.vc

SOURCE Avarra

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Boutique investment banking affiliate providing capital markets solutions and financial advisory to clients across gaming and hospitality, co-founded and led by Greg Roselli, President

LAS VEGAS, Oct. 3, 2024 — GMA Consulting (“GMA”) is proud to announce the launch of GMA Capital (“GMAC”), its new boutique investment banking affiliate focused on providing capital markets solutions and financial advisory services to clients across the gaming and hospitality space. This strategic expansion marks a significant milestone in the company’s growth and commitment to providing comprehensive services to its clients.

GMA Capital will be spearheaded by its co-founder and President, Greg Roselli. He brings two decades of experience as a nationally recognized gaming and hospitality analyst, investor, and advisor, with an unparalleled background in debt and equity transactions, private credit, M&A, and balance sheet engineering.

“The launch of our affiliated company GMA Capital represents a natural evolution of our services,” said Josh Swissman, Founding Partner and Managing Director of GMA Consulting. “Greg’s leadership and expertise will be instrumental in guiding clients through complex financial landscapes and identifying lucrative opportunities.”

“Through GMA Capital, we are now poised to offer our clients a broader, more specialized range of financial advisory services, further strengthening our comprehensive offerings,” added Kit Szybala, Founding Partner and Managing Director of GMA Consulting. “This new chapter will allow us to tailor solutions even more precisely to meet the unique needs of each client and industry.”

GMA Capital will offer a wide range of investment banking and advisory services, including debt and equity capital raising, project financing, capital markets advisory, M&A, investment analysis, and specialized due diligence.

“I am honored and excited to launch GMA Capital,” commented Greg Roselli, President. ” As the gaming and hospitality industries continue to evolve, we are seeing an increasing amount of compelling growth and investment opportunities coupled with significant capital ready to be deployed. I look forward to leveraging my 20 years of experience and research-driven approach to help our clients capitalize on these prospects by providing innovative financial solutions and strategic advice to drive their success.”

The launch of GMA Capital is effective immediately, with operations already underway to serve existing and new clients.

For more information about GMA Capital and its services, please visit www.gmacapital.com or contact [email protected].

About GMA Consulting
GMA Consulting is a modern consulting firm created through the merger of Global Market Advisors and The Strategy Organization. Founding Partners Matthew Chilton, Steve Gallaway, Seth Schorr, Josh Swissman, Kit Szybala, and Seth Young each have decades of deep-rooted experience in the hospitality, gaming, entertainment, web3, iGaming and online sports betting industries. In 2023, the firm also launched its Government Relations, Strategic Communications, and Executive Placement business units. The company’s client list spans the majority of public gaming companies, 85 Native American tribes, commercial and investment banks, and government agencies from around the world. For more information on GMA Consulting, please visit www.gmaconsulting.com.

About GMA Capital
GMA Capital is a boutique investment banking firm affiliated with GMA Consulting, specializing in delivering tailored capital markets solutions and financial advisory services to the gaming and hospitality industries. Led by Greg Roselli, President, GMA Capital offers expertise in debt and equity capital raising, project financing, M&A, private credit, and tailored financial consulting. The firm is committed to guiding clients through the complexities of today’s financial landscapes with innovative strategies designed to drive growth and maximize opportunities. For more information, please visit www.gmacapital.com.

Media Contact
Pat Eichner
Associate Partner, GMA Consulting
(303) 759-5944
[email protected] 

SOURCE GMA Consulting

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DUBAI, UAE, Oct. 3, 2024 — Kings Group Ventures (KGV), a Dubai-based strategic investment firm, is pleased to announce investment in South Africa-based company Way Media (WM). The funds from this investment will be used to expand Way Media’s facilities in South Africa and further develop its international presence.

This strategic investment is aimed at not only providing capital but also supporting WM’s growth through a complementary relationship. In addition to the financial backing, KGV will assist in expanding WM’s delivery network, leveraging KGV’s India-based development centers to provide content and technical services. This unique collaboration aligns both companies’ strengths, enhancing WM’s operational efficiency and reach.

Kartik Anand, Chairman of Kings Group Ventures, stated:

“This investment is strategic in nature, as it goes beyond financial support. We see tremendous potential in WM, and our goal is to contribute meaningfully to their expansion efforts by providing both resources and expertise. Our India-based development centers will play a pivotal role in strengthening WM’s content development, delivery and technical infrastructure, fostering growth on multiple fronts. This partnership is highly complementary, as both companies bring strengths that will enable each other to thrive in new markets.”*

Kevin Hope, Founder of WM, shared his enthusiasm about the collaboration:

“Kings Group Ventures is not just an investor; they are a strategic partner. Their involvement goes beyond funding, as they will provide the expertise and technical capabilities, we need to grow our delivery network and expand internationally. We are excited about this collaboration and the significant role KGV will play in driving our business forward.”

The partnership reflects the growth-centric nature of the two companies, combining Kings Group Ventures’ resources and global reach with WM’s innovation and expertise in B2B digital media. Together, they are well-positioned to achieve substantial growth and expansion.

For more information, please contact:

[email protected] 

About Kings Group Ventures

Kings Group Ventures is a Dubai-based investment firm specializing in strategic investments across various sectors. With a focus on innovation, growth, and expanding into new markets, KGV partners with companies to provide not only capital but also operational support and technical services. KGV manages companies in sectors like technology, media, digital marketing, food, hospitality, aviation, fashion and manufacturing.

About Way Media

Way Media is a leading B2B digital media and communications company based in South Africa. Known for its creative and impactful media solutions, WM aims to reach diverse audiences through innovative content and strategic growth initiatives. WM offers its services from Cape Town and Johannesburg delivery locations.

Media Contact:
Kelly McGrath
[email protected]

SOURCE Kings Group Ventures

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