New financing brings total funding over $77M to empower, support, and drive innovation for small businesses in the $60BN garment care and repair space

NEW YORK, Aug. 8, 2024 — Cents, the largest leading all-in-one business management platform powering the way garment care SMBs grow, manage, and understand their businesses, today announced the close of its $40M Series B funding round. The round was led by Camber Creek with participation from previous investors Bessemer Venture Partners and Tiger Global. Additional strategic investors in this round include Tech Pioneer Fund, RXR (RADV), Derive Ventures, Alumni Ventures, as well as executives at best-in-class SaaS companies like Toast, Jobber, Squarespace, and Stripe. This round brings the company’s total funding to over $77M. In addition to the financing, Cents has acquired Laundroworks, a hardware-based payments system powering how consumers pay for laundry at laundromats and shared laundry rooms within multi-family buildings, hotels, universities, and more, to reinforce its existing hardware product line.

Launched in 2021, Cents provides POS, online ordering, payments hardware, marketing tools, and business management software for all garment care and vended laundry businesses including laundromats, dry cleaners, alterations, and shared laundry rooms. The platform currently powers over 2,700 retail laundries, about 1 in 14 laundromats in the US, and over 3,500 shared laundry rooms, and is continuing to invest in new product development to serve all garment care businesses with the funding. As the only all-in-one solution for the unique nuances of the laundry industry, the Cents platform makes a meaningful impact on every type of business, whether it’s a mom-and-pop shop, a multi-unit operation, or anything in between. 

“Laundry is a critical human need. Local laundry businesses provide an essential service, and these SMBs deserve best-in-class technology and support to provide that service while generating strong ROIs,” said Alex Jekowsky, CEO and Co-founder of Cents. “We have dedicated ourselves to this industry and the unique needs of our customers. It’s a privilege to have the trust and support of our customers as we’ve continued to grow, and our entire team feels the weight of our responsibility to build innovative solutions that support their business goals. We’re experiencing a true renaissance in the laundry industry. I’m so proud of our team for their tireless dedication and drive to elevate the experience for our operators and their customers.”

Upon launch, the platform’s core focus was to centralize the many different revenue streams and operations of a garment care business, including self-serve, wash and fold, dry cleaning, alterations, pickup and delivery, commercial laundry, and more. Cents started with CentsOS, the POS and “nucleus” of laundry operations and quickly expanded to launching Cents Dispatch, a modern and accessible online ordering and logistics management platform that included the first-ever facilitation of on-demand delivery via outsourced couriers. As the SaaS products grew, Cents launched Connect, the most integrated hardware device for self-serve payments, installed directly on laundry equipment. For the first time, this suite of products has given laundry operators one platform to power their entire business.

“Cents is the clear category leader in serving independent garment care businesses. Their drive for innovation, while staying focused on the needs of SMB’s is second to none,” said Alexandra Nicoletti at Camber Creek, the leading real estate technology venture capital firm. “We see huge opportunities for Cents to continue to provide their game-changing technology for the real estate space. From technology that supports route operators and shared laundry rooms to powering the amenity of laundry for tenants through their network of local laundry businesses, we’re thrilled to be partnering with Cents.”

Cents looks forward to continued expansion this year, including product and geographic growth. Garment service industry operators and owners can visit www.trycents.com to learn more.

About Cents

Cents is a leading business management platform that helps laundry business operators grow, manage, and understand their business. With easy-to-use tools for point-of-sale, on-machine payments, revenue tracking, point-of-sale, and delivery services, Cents provides an all-in-one solution for managing the complexities of a laundry business.

Designed with the unique needs of laundromats, dry cleaners, and multi-family/residential businesses in mind, Cents is the premier solution for entrepreneurs in the garment care industry. At the heart of Cents is a commitment to the industry’s success, continually driving laundry businesses forward through ever-improving product solutions and strong community support.

About Camber Creek

Founded in 2011, Camber Creek is an institutional venture capital firm investing in and scaling companies that are transforming the real estate industry. Over the past 13 years, the firm established itself as the premier real estate technology venture firm by consistently delivering industry-leading returns to investors, driving value for its portfolio of start-ups, and generating successful company exits. Today, Camber Creek has nearly $1 billion in assets under management with offices in Washington, DC; New York; and Miami.

Media Contact:
N6 for Cents
[email protected]

SOURCE Cents

 The company is enhancing the economic viability of regenerative forestry practices through its production of high-value climate-resilient building products.

FREDERICK, Md., Aug. 8, 2024 — InventWood, transforming undervalued wood into high-performance climate-resilient Superwood building products that are stronger and lighter than steel, today announced $8 million in new funding and the appointment of Tyler Huggins, Ph.D. as its new Chief Executive Officer. The company is planning its commercial launch in early 2025 with two key priorities: establishing its scaled supply chain to ensure every tree used is chosen purposefully to improve the health and longevity of our forests, and commissioning the company’s pilot production facility capable of profitably producing up to one million square feet of product annually. InventWood’s proprietary technology stack transforms wood’s intrinsic nano-cellulose structure – nature’s strongest material – into climate-resilient Superwood products that offer unrivaled fire, insect and rot resistance with bulletproof hardness, while maintaining highly desirable wood aesthetics. With superior strength at low cost, InventWood is on a mission to displace some of our dirtiest industrial materials like steel and concrete, evolving our built environment from a carbon source to a carbon sink, all while improving the health and resilience of our forests. 

“After dedicating more than two decades to better the environment by harnessing the wisdom of nature, I’m thrilled to lead InventWood as the company fundamentally enhances what wood can do, empowering biophilic building design while driving regenerative forest management practices,” said Huggins. “The reality is that our global forests are threatened by climate change and catastrophic wildfires. By enhancing the economic viability of comprehensive forest restoration through high-value building products, we can turn a problem into an elegant solution with climate-resilient structures around the world. This opportunity to transform how we source and create wood-based products is fully aligned with my expertise and passion, and I have searched my whole career to find a naturally integrated business that enhances our built environment while simultaneously healing our natural environment.”

Huggins, an accomplished senior leader with more than 20 years dedicated to protecting and restoring America’s forests and leading sustainable initiatives across environmental engineering and biotechnology, joins InventWood at a pivotal moment as the company begins to scale its pioneering 100% wood facade.

As the company prepares for its early 2025 commercial launch, InventWood raised a new round of $8 million. Joining existing investor Grantham Foundation, are new investors including Builders Vision, Echelon and John Rockwell, four-time CEO of successful clean technology companies and partner in multiple private investment firms. The comprehensive list of financial contributors is composed of individuals with passion for and expertise in ventures that will better the health of our planet. Paul Hawken, prominent environmentalist, writer and entrepreneur, serves as a company advisor, and his home will be one of the first-ever to apply the Superwood cladding.

By applying the company’s automated and advanced manufacturing, InventWood is preparing for early 2025 availability of its Superwood products. The company’s pilot manufacturing facility in Frederick, Md. will be capable of producing diverse finishing and structural applications. Learn more about InventWood and its technology at www.inventwood.com.

About Tyler Huggins, Ph. D.

Tyler Huggins is an environmentalist, scientist, entrepreneur, and the CEO of InventWood. Growing up in the pristine landscapes of Montana and on his family’s bison ranch in Nebraska, he developed a passion for creating nature-driven sustainable enterprises that protect the planet while helping human beings thrive. While pursuing his doctorate in environmental engineering at UC Boulder, Tyler co-founded Meati Foods which creates whole-food cutlets and steaks made from mycelium, and he led the company’s foray into more than half of all grocery stores in the U.S.

Tyler has published nine journal articles that have received more than 130 citations and has numerous patents to his name, was awarded a highly competitive Office of Naval Research grant, using the award to study the production of biomass-derived carbon materials. Tyler’s experiences as a rangeland ecologist studying natural grasslands and restoring forests have fueled his passion and heavily informed his unique expertise for businesses that can serve as a tool to positively reshape our world while creating an economy that is good for people and the environment.

About InventWood

InventWood purposefully chooses every tree used to support the health and longevity of our forests while transforming undervalued wood into high-performance climate-resilient Superwood building products that are stronger and lighter than steel with unmatched durability and aesthetics. With a goal to reshape the world, regenerate forests and slash gigatons of carbon emissions, InventWood is delivering an end-to-end, vertically and naturally integrated solution that results in carbon-negative construction, from cradle to regeneration. In 2022, InventWood was awarded a $20 million SCALEUP award from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy.

SOURCE InventWood Inc.

The AI-powered app is the culmination of over 40 years of clinical practice and mental health research, with proven techniques that equip users with skills to live a more fulfilling life 

SAN FRANCISCO, Aug. 8, 2024 — Dr. David D. Burns, world-renowned psychiatrist and best-selling author of multiple landmark self-help books including Ten Days to Self-Esteem, Feeling Good, and its highly acclaimed follow-up Feeling Great, announced today a groundbreaking new tool in the fight against depression and anxiety: the Feeling Great app, which bears the same name as its literary predecessor. The company, which includes co-founders Matt Pierce and Jeremy Karmel, also announced $8 million in seed funding co-led by Learn Capital and TitleTownTech, with additional participation from Lux Ventures, WaveMaker Three-Sixty Health, Pacific Health Ventures, and Treble Capital. The funding will support the ongoing development of the app to ensure the highest-quality experience for its users.

“The Feeling Great app represents the pinnacle of my life’s work in psychiatry and cognitive behavioral therapy, putting decades of research and proven techniques directly into people’s hands,” said Dr. Burns. “Our goal is to empower individuals to transform their lives, making effective mental health care more accessible than ever before and helping millions of people not just feel better, but feel great.”

However, the Feeling Great app is not just another mental health application. It is the culmination of Dr. Burns’ extensive work, encompassing over 40,000 hours of therapy with severely depressed and anxious individuals, and 40 years of rigorous research into the mechanisms of human psychological change.

“In an era when mental health disorders affect one in every five adults annually, and the cost of therapy in the U.S. has put it out of reach for many people, Feeling Great’s mission has greater resonance than ever,” said Rob Hutter, Founder and Managing Partner of Learn Capital. “Dr. Burns is a legend in the field of psychiatry, and together with Matt and Jeremy, who have extensive experience in bringing innovative consumer products to market, they make a formidable team that we’re proud to be able to support.” 

The app leverages a novel AI framework to guide users based on the proprietary T.E.A.M. (Testing, Empathy, Assessment of Resistance and Methods) therapeutic approach developed by Dr. Burns. This system is both flexible and adaptive, leading to dynamic natural language conversations, empathetic responses, and actionable solutions for users.

In fact, an independent review of the app by a research team at Stanford, published in the Journal of Medical Internet Research, provided third-party validation of the app’s power. In that study, users reported 55-60 percent reduction in “the seven deadly feelings,” which include depression, anxiety, guilt/shame, inadequacy, loneliness, hopelessness, and anger.

“Feeling Great sits right at the intersection of two of the most important societal shifts of our time: the emergence of AI and the mental health crisis in the US,” said TitleTownTech Managing Partner Jill Enos. “The demand for convenient, cost-effective and results-oriented mental health tools has never been greater, and Feeling Great meets that need in a powerful way. TitleTownTech is thrilled to be part of their journey.”

Feeling Great is available now on both iOS and Android.

About Feeling Great

Feeling Great is a new mobile app inspired by the groundbreaking work of world-renowned Dr. David Burns. Using the power of our advanced AI chatbot and interactive courses the app guides the user through a transformative journey toward enhanced self-esteem and emotional well-being. The interactive courses are a series of lessons and exercises to teach the basics of Dr. David Burns’ proprietary techniques that have proven to have lasting impacts on peoples’ joy and outlook on life.

SOURCE Feeling Great

BOSTON, Aug. 8, 2024 — SYSO, a leading market operator of renewable energy and battery storage assets, today announced the successful completion of its Series B funding round, raising $14.5 million.

The round was led by Kimmeridge, an alternative asset manager specializing in the energy sector, out of its Kimmeridge Carbon Solutions strategy (“KCS”), with participation from existing SYSO investor Lacuna Sustainable Investments. This investment empowers SYSO to expand its offerings into new markets, while continuing to drive improved operational and financial outcomes for developers and independent power producers that are advancing the energy transition across the power sector. 

SYSO provides a range of services, including forecasting, power market access, asset operation, asset optimization, trading, settlement, and virtual O&M. Since launching in 2019, SYSO has established multiple partnerships with asset managers, developers, integrators, and IPPs. As a result, SYSO now manages over 2.5 GWs of assets across the ISO-NE, NYISO, PJM, MISO, ERCOT, CAISO and SPP markets.

“We are thrilled to welcome Kimmeridge as a new lead investor and have the continued support of Lacuna Sustainable Investments,” said Chris Gosline, CEO of SYSO. “This investment is a strong endorsement of our vision and strategy. It will allow us to rapidly grow our GWs under management, scale our operations, enhance our product offerings, and drive significant value for our clients in the rapidly evolving power market.”

“We are excited to partner with SYSO as they help battery owners navigate complicated dispatch strategies and regulatory requirements,” said Henry Makansi, Managing Partner and Co-Founder of Kimmeridge. “SYSO has proven itself a trusted partner in the industry and reflects the strong management and business tailwinds that KCS seeks in its partnerships. This investment complements the current KCS portfolio, which has allocated capital across an array of compelling investments focused on decarbonization and energy transition.”

Pierce Atwood served as the legal counsel for SYSO in this transaction, while Kimmeridge was represented by Reitler Kailas & Rosenblatt LLP.

About SYSO
SYSO is the premier market operations service provider dedicated to renewable and storage assets. The company offers a suite of solutions designed to optimize market operations, enabling efficient and effective energy management. SYSO’s innovative platform helps clients navigate the complexities of the energy market and achieve better operational outcomes. More information can be found at www.syso.com.     

About Kimmeridge
Founded in 2012 by Ben Dell, Dr. Neil McMahon and Henry Makansi, Kimmeridge is an alternative asset manager specializing in the energy sector. Kimmeridge’s direct investment approach, deep technical knowledge, active portfolio management and proprietary research and data gathering set the firm apart in the industry. The Kimmeridge Carbon Solutions strategy focuses on sustainable and value-driven investments in the energy sector, and has a made a series of targeted investments, including Chestnut Carbon, US Light Energy, Common Energy and LandGate. More information can be found at www.kimmeridge.com.

About Lacuna Sustainable Investments 
Lacuna Sustainable Investments is a Marin County, CA based alternative asset management firm that makes debt and equity investments in opportunities that meet the growing demand for renewable energy. The firm invests in opportunities where its capital is needed to achieve a defined goal and the Lacuna team’s energy, experience, and expertise can decrease the risks associated therewith. Lacuna invests early, de-risks opportunities, and positions investments to create equity value for all stakeholders. More information can be found at www.lacunasustainable.com.

Media Contacts

SYSO:
Ferdinand (Fred) Rapant
[email protected]
518.836.4508  

Kimmeridge:
Daniel Yunger / Hallie Wolff / Emma Cloyd
[email protected]
917.574.8582 / 917.842.1127

Lacuna Sustainable Investments:
Brad Bauer
[email protected]
415.300.6119

SOURCE Kimmeridge

LOS ANGELES, Aug. 7, 2024 — Salt & Stone, the Los Angeles-based, fragrance-driven body care brand, announces a significant investment from Humble Growth.

Founded in 2017 by former pro snowboarder Nima Jalali, Salt & Stone elevates everyday routines into sensorial rituals through the power of fragrance, formula and design. In just seven years, Salt & Stone is primed to become a global megabrand with a dedicated worldwide following and a recent global rollout with Sephora. With innovation across award-winning deodorant, body care and fragrance, Salt & Stone sells one product every seven seconds and has profitably achieved consistent triple-digit year-over-year revenue growth.

Uniting Jalali’s passion for surfing and snowboarding, the brand’s active botanical ingredients are sourced from the oceans and mountains and formulated alongside impactful functional fragrances. The now iconic fragrance portfolio transcends four distinct realms – Santal & Vetiver, Neroli & Basil, Black Rose & Oud, and Bergamot & Hinoki – across deodorant, body mist, body wash and lotion.

The most recent innovation, Salt & Stone Body Mist, is a nutrient-rich fragrance mist that is gentle enough to wear on every inch of skin. Honoring the brand’s commitment to body and mind, glycerin and red algae offer significant skin health benefits while the fragrances run parallel to the signature scents found in the existing lineup.

Humble Growth is a growth-focused investment firm co-founded by two celebrated leaders in the consumer industry, Dr. Andrew Abraham and Nick Giannuzzi. The firm is dedicated to propelling the success of disruptive, industry-shaping companies that influence how we eat, drink, feel and live, through authentic partnerships built on empathy and humility. Between them, Humble Growth’s co-founders have assembled a team with decades of investing experience across food, beverage, beauty and wellness.

“We’re experiencing a golden moment at Salt & Stone. With a lot of momentum, I found it a perfect time to partner with a strategic investor to help get us where we’re going more efficiently,” says Nima Jalali, Founder and CEO of Salt & Stone. “I love that Humble Growth is founded by founders. Having a team on our side that understands things from a founder’s perspective is very important to me. Andrew and team are building something special, and we’re honored to be a part of it.”

“We are so excited to go on this journey with Nima and Salt & Stone,” says Dr. Abraham. “Our approach at Humble Growth is a differentiated one; we believe in forging true partnerships with fellow purpose-driven founders and entrepreneurs, and we have found those attributes in abundance in Nima and Salt & Stone. Like Nima, we know what it means to build a company brick-by-brick, and to achieve the kind of success Salt & Stone has seen in the last seven years is truly impressive and something we want to be a part of. We share Nima’s passion for innovation and his ambition to steer the beauty and wellness industry in a direction that prioritizes body and mind equally. We can’t wait to see where this partnership takes us.”

With Humble Growth’s investment, Salt & Stone will continue to build a world class team of industry leaders while propelling the brand forward in its growth trajectory. Additionally, the company plans to deepen its global partnership with Sephora and expand product and category offerings to satisfy its enthusiastic legion of fans worldwide.

About Salt & Stone
Salt & Stone is a Los Angeles-based skin care and fragrance brand with global distribution across DTC, Sephora and select retail partners. Founder and former pro snowboarder Nima Jalali concepted the brand out of a passion for mindful daily rituals and an active outdoor lifestyle. Since launching in 2017, Salt & Stone has achieved explosive growth with its line of elevated self-care essentials and iconic fragrances that deepen a connection to the natural world. Salt & Stone is driven by a simple yet powerful mission to create premium products for those who are active in body, mind and spirit.

Learn more at www.saltandstone.com and @saltandstone on social media.

About Humble Growth
Humble Growth is a New York-based investment firm with a $312 million debut fund dedicated to propelling the success of companies that are changing the ways people eat, drink, feel, and live. The firm’s co-founders include Andrew Abraham, Founder and CEO of Orgain^®, and Nick Giannuzzi, Founder of Giannuzzi Lewendon. Humble Growth’s fund focuses primarily on minority-stake investments in high-growth, disruptive companies operating in the food, beverage, beauty and personal care, health and wellness, pet, and household products spaces. The recency and depth of operating experience by its co-founders, complemented by a seasoned investment team, allow the firm to provide highly unique and valuable strategic and tactical support to its partner companies, imbued with empathy, humility, and an unwavering commitment to success. For more information, please visit www.humblegrowth.com.

SOURCE Salt & Stone

LEHI, Utah, Aug. 7, 2024 — Carketa, a leading provider of end-to-end data and intelligence software for the automotive industry, is pleased to announce the successful close of a $4.4M early growth round. This round was led by new investor Capital Eleven, with participation from both new and existing investors, including Crosslink Capital, Origin Ventures, Allegis Capital, and Peak Ventures.

Founded by Jason Berry and Brady Thurgood, Carketa helps dealerships buy, manage, service, and sell inventory faster and for more profit while enabling finance, insurance, lending, warranty, and other related companies to better target and interact with dealers who fit their business models.

This strategic investment comes at an exciting time for the company, with the recent launch of an expanded product suite. Carketa’s new AI-infused Buy Suite helps dealers know what inventory to acquire, where to find that inventory, and how much to pay for it. Paired with Carketa’s existing inventory-focused Manage and Service suites, the Buy Suite is setting the standard for a data- and insights-driven platform to maximize dealership profits. More than 1,000 dealerships have adopted Carketa’s Buy Suite tools and data services since its release from beta in May.

Tim Hansen, CEO of Carketa, commented on the round: “This round of funding validates the leadership role that Carketa is taking in the automotive industry with our suite of profit intelligence software tools, paired with proprietary real-time data and insights. We are grateful for the trust and support of this wonderful investor group and are excited to continue accelerating Carketa’s reach and impact in the industry. This was the right amount of capital from the right group of investors to help our company push our platform, data, and insights forward.”

“Capital Eleven is excited to lead this funding round for Carketa,” said Travis Hawkes, Managing Partner at Capital Eleven. “We believe in Carketa’s vision and are confident that their innovative solutions will continue to disrupt the automotive industry and drive significant value for dealers and other industry players alike. We are very excited to back this truly innovative team at Carketa.”

Jim Feuille, Partner at Crosslink Capital, who led Carketa’s Pre-Seed round, continues to be impressed with what Carketa has accomplished. “We are thrilled with the traction and progress that the Carketa team has generated,” said Feuille. “Our continued investment underscores our belief in their talented team and their ability to deliver transformative solutions to a massive market that has been starving for accessible, easy-to-use, and powerful digital solutions.”

“Carketa is bringing data and insights to bear in a market that was forced to adapt to rapid change,” said Scott Stern, Partner at Origin Ventures, who led Carketa’s Seed round of funding. “Vehicle values continue to oscillate as inventory supply and demand remain in flux, requiring dealerships—and other value creators who work with dealerships—to rely on data and insights to maximize profit creation. Carketa is uniquely positioned to be the trusted partner to dealerships and enterprises in the automotive industry.”

Carketa: Revolutionizing Automotive Profit Intelligence

Carketa’s end-to-end intelligence software is transforming the automotive industry—boosting car dealer confidence, profitability, and scale. As an industry-first platform, Carketa delivers unmatched front-end and back-end insights paired with powerful, easy-to-use software solutions for every stage of a vehicle’s lifecycle. In addition to dealers, Carketa works with OEMs, lenders, warranty administrators, and insurance providers to unlock new opportunities, drive sales, reduce risk, and increase shareholder value. Transform your business with Carketa. Visit www.carketa.com for more information.

SOURCE Carketa Inc.

New funding to invest in product development, talent acquisition, and global expansion, advancing supply chain sustainability

TAIPEI, Aug. 6, 2024 — BBTruck, a global leader in supply chain and logistics technology, announces the successful closure of its pre-series A funding round. Spearheaded by Oasis Venture, H2U Corp., and StarWorks Entrepreneurial Venture Capital, this round has brought BBTruck’s total funding to $6.5 million.

This new capital infusion will accelerate BBTruck’s global market expansion, particularly in North America and Southeast Asia, and bolster product development and talent acquisition initiatives. BBTruck aims to revolutionize supply chain logistics with its cutting-edge technology, aspiring to create a comprehensive global logistics technology ecosystem.

“From day one, BBTruck envisions a global logistics technology ecosystem that ensures flexibility and efficiency. We are excited to have the support of such esteemed investors as we embark on this next phase of growth,” said Steven Chou, CEO and co-founder of BBTruck. “This funding will enable us to enhance our technology offerings and expand our presence in key markets, allowing us to better serve our clients and fully transform the logistics industry.”

Building a Global Logistics Technology Ecosystem

Founded in 2019, BBTruck addresses the fragmentation and integration challenges inherent in traditional logistics. The company offers a one-stop B2B supply chain logistics platform that enables precise capacity calculation and allocation. BBTruck’s platform aims to make logistics management more transparent and efficient. To date, BBTruck has served over 50 international enterprises across diverse industries, including top server providers, renowned Japanese automation and electronics manufacturers, global tire industry giant, major Japanese international logistics brand, and Taiwan’s top home delivery service.

The pre-series A funding will enable BBTruck to focus on three key areas – accelerating expansion into North America and Southeast Asia, including Vietnam, Malaysia, Singapore, Thailand, and Indonesia; enhancing technical capabilities in capacity data analysis and integration; and recruiting top talent to grow its team. The company aims to build a transparent and shared global logistics ecosystem that provides enterprises greater flexibility in managing their supply chain logistics.

Innovative Solutions for Enhanced Logistics Efficiency and Flexibility

Taiwan’s logistics sector suffers from inefficiencies due to reliance on manual processes and phone orders, leading to frequent empty return trips. BBTruck bridges this gap with its transparent logistics management platform, which integrates crucial data on truck sizes, devices, real-time orders, capacity, and addresses. By leveraging big data analysis, BBTruck’s platform automatically allocates the most suitable transport fleet, maximizing logistics resource efficiency, cutting empty truck rates by nearly 75% and improving order placement and cargo tracking efficiency by over 40%, resulting in significant cost savings for customers.

Additionally, BBTruck offers a real-time cloud data center that lets enterprises monitor capacity data, track shipments, and view routes via an intuitive user interface. The platform’s API integration facilitates seamless data exchange across multiple carriers and freight companies, streamlining orders placement, shipments tracking, and document retrieval from a single interface. This integration significantly reduces manpower costs and enhances the overall logistics experience.

Championing Sustainable Logistics

In line with the global goal to achieve net-zero carbon emissions by 2050, BBTruck is dedicated to promoting sustainable logistics. Acknowledging the environmental impact of logistics and capacity waste, BBTruck employs innovative technology to drive efficiency and sustainability. Certified under Taiwan’s ISO 14067 standard for product carbon footprint, the BBTruck platform utilizes big data to optimize transport efficiency and reduce carbon footprints, assisting enterprises in achieving carbon-neutral logistics and fostering sustainable supply chain development.”

BBTruck is also advancing its logistics data carbon auditing, allowing enterprises using its solution to access carbon emission data for external logistics providers under Scope 3 of the GHG Protocol. This facilitates their transition to greener practices and offers a competitive advantage in sustainable supply chains. Looking ahead, BBTruck will continue to harness innovative technology to enhance transportation efficiency, reduce carbon emissions, and promote sustainability in logistics, paving the way for a more sustainable future.

About BBTruck

Founded in 2019, BBTruck is a pioneering one-stop platform for supply chain and logistics technology. Our mission is to build a transparent, shared global logistics ecosystem that simplifies supply chain management. As a leader in logistics technology, BBTruck uses cutting-edge solutions for precise capacity calculation and allocation, ensuring efficient, flexible, and sustainable logistics. Since launch, BBTruck has served over 50 top-tier enterprises in technology, healthcare, international logistics, and retail. BBTruck is also the first to achieve carbon-neutral transportation, driving the green logistics revolution and advancing toward a zero-carbon future.

For more information, visit BBTruck’s official website: https://bbtruck.cc/index_en.html 

SOURCE BBTruck

HOUSTON, Aug. 6, 2024 — Founded in January 2022 Medical Resource Group DBA MRG Health Inc – Smart Care 360 is a Digital Healthcare Management Services Company which offers a comprehensive virtual care management platform. The technology enables clinicians to more effectively address chronic care conditions and social determinants of health. With an interoperability platform, MRG Health can assist private practice doctors’ offices, community health systems, FQHC’s, hospitals, and payers engage with their patients and optimize the patient’s overall health. Collectively, MRG Health’s tools ultimately partner with clinicians to lower healthcare costs through improved healthcare access, care coordination, preventative screenings, remote medication and biometric vital monitoring, and symptom management.

This initial seed round was led personally by Dr. Jean Durand Jean-Bernard Durand | MD Anderson Cancer Center of Houston TX and Capital Factory Capital Factory | Home of Texas Entrepreneurs | Coworking & Private Offices which is head quartered in Austin Tx. To date the company has closed $900K of a $2M seed round and has reached profitability in preparation for a series A investment.

Clinical Oversight Leadership is led by Medical Director Kyle Hodebecke MD, MBA, MTE, MPA, MS, FAAFP, FABS, CPE who is Family Practice Board Certified Licensed in 12 States and who was previously Medical Director for the U.S. Army and Oscar Health with his counterpart Chief Clinical Officer Amie Sun Wright MD PhD who was previously Medical Director of United Health – WellMed and Genesis Medical Group.

MRG Health – Smart Care 360 was initially bootstrapped through 2+ years of significant R&D to complete vertical market specific use cases and platform build out. There are currently over 100 clinics, and 20,000+ patients utilizing the technology in a variety of different vertical markets. The company has just officially come out of stealth mode and plans on using the capital to execute existing contracts, enroll 10,000+ patients, and expand outside of Texas.

Medical Resource Group – MRG HEALTH – Medical Resource Group‘s management team are highly regarded subject matter experts that bring extensive experience in the healthcare market. Collectively, the team has built and scaled a very robust comprehensive SAAS platform that is designed to support clinical teams to optimize the care delivery model and lower overall healthcare costs for patients managing 1+ or more chronic disease.

Smart Care 360 – SmartCare360 is a Virtual Care Management Platform that is compatible with Apple, Android or web-based platforms and available in 8+ different languages. The platform integrates with 250+ FDA approved biometric vital monitoring devices as well as all electronic medical systems. The platforms care system is designed to identify specific risk factors through population health risk stratification and patient risk scoring with 25+ prebuilt care pathways around the most prevalent chronic issues that contain clinical decision support care guides that identify problems, goals, and interventions to assist care teams and the patients with the ability to customize care pathways.

“We are excited to come out of stealth mode to truly make a difference in healthcare at the patient and provider level. There has been significant R&D done over the past few years to pull together our platform and care delivery services. We have an extreme amount of data validating what we’re doing, its clinical efficacy, and how it truly helps improve patient care. I’m really looking forward to serving the less fortunate and rural communities by improving access to care and disrupting health & wellness delivery models.” – Founder Kyle Christopher Hayungs.

To connect with someone in business development or investor relations go here https://mrghealth.com/schedule-an-assessment/ or email [email protected] 

Platform Overview: Explainer Video 

Investment Opportunity: Presentation Document 

SOURCE MRG Health Inc – Smart Care 360

SINGAPORE, Aug. 6, 2024 —  HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Nexio. Nexio is an innovative Bitcoin scaling solution that employs parallelized ZK Rollup with MoveVM.

Powered by MoveVM, Nexio’s parallelized Bitcoin rollup supports over 30,000 transactions per second while maintaining gas fees below $0.01, making it ideal for high-frequency applications. This technology addresses critical challenges in the Bitcoin ecosystem, including slow transaction times, high gas fees, and inadequate tooling that have hindered mass adoption.

Nexio has recently raised $2.2 million in pre-seed funding led by Lattice Fund, with participation from HTX Ventures. Aiming to revolutionize Bitcoin‘s scalability and usability, this funding will enable Nexio to accelerate the development and adoption of its parallelized Bitcoin rollup technology. Nexio is establishing new norms in blockchain technology under the leadership of co-founders skilled in Bitcoin zkVM Rollup development.

Nexio’s technology combines a zk-Rollup, Multi-Party Computation (MPC) Threshold Signature Scheme, and the Fractal interpreter to set new benchmarks in speed, security, and interoperability. By utilizing MPC Threshold Signatures, Nexio prevents single points of failure, offering robust, decentralized transaction validation that is more secure than traditional multisig approaches.

“Nexio’s innovative Bitcoin scaling solution is designed to enhance Bitcoin‘s capabilities and bridge the gap between different blockchain ecosystems. It seamlessly integrates applications and liquidity from Move, Cosmos, and any EVM-compatible ecosystems into Bitcoin,” said Edward, Managing Partner at HTX Ventures. “Nexio also offers highly competitive low gas fees while providing a high TPS infrastructure. HTX Ventures is excited to support Nexio in unlocking a new era of innovation and adoption within the Bitcoin ecosystem, facilitating the growth of complex DeFi applications, gaming platforms, NFT marketplaces, and infrastructure projects on its platform.”

“Nexio’s vision is to unlock Bitcoin‘s full potential by providing scalable, secure, and cost-effective infrastructure,” said Charlie Gordon, co-founder of Nexio. Through its partnership with Movement Labs, Nexio has built a framework that combines horizontal interoperability through high-throughput modular Move Virtual Machines with vertical composability. This integration enables developers to build with Aptos move, Sui move, and Solidity, ensuring robust cross-chain functionality and seamless asset movement across platforms.

Nexio aims to achieve several key milestones in the next 6-12 months, including the rollout of a permissionless testnet and the subsequent launch of their mainnet solution. These developments will mark significant steps toward revolutionizing the Bitcoin ecosystem with enhanced scalability, security, and interoperability.

About Nexio

Nexio is revolutionizing Bitcoin scalability through a parallelized Bitcoin rollup. The team is building a suite of products and services that empower developers to leverage the power of Bitcoin for complex DeFi applications, gaming platforms, NFT marketplaces, and infrastructure projects without compromising on security or efficiency. Nexio’s technology supports over 30,000 transactions per second with ultra-low gas fees, making it ideal for high-frequency applications. Led by co-founders with significant expertise in Bitcoin zkVM rollup development, Nexio is setting new standards in blockchain technology.

For more information, follow on X @buildnexio and on Discord

About HTX Ventures

HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.

HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.

Feel free to contact us for investment and collaboration at [email protected]

SOURCE HTX