NOLEJ, a Trailblazer in AI Solutions for Education, Has Secured 3 Million Euros in Funding, Accelerating Its Expansion

NEW YORK, Dec. 6, 2023 — In a rapidly evolving educational landscape, NOLEJ, an innovative Edtech start-up, introduces an advanced AI copilot for teachers, designed to streamline the creation of engaging educational content. The funding round, led by Educapital and Square Knowledge Ventures, is a pivotal milestone in NOLEJ’s growth trajectory.

Revolutionizing Interactive Education

Educators face challenges in engaging students amidst information overload. A study by eLearning Guild shows that 75% of conventional course materials don’t meet current student needs. NOLEJ AI helps educators generate interactive eLearning modules up to 50 times faster than traditional methods. It significantly reduces the cost of creating compelling educational content, which previously could exceed €10,000 per hour.

Jonathan Denais, Investment Director at Educapital, asserts, “NOLEJ stands out as a European frontrunner in applying generative AI in education. They effectively leverage AI to tackle everyday challenges faced by educators.”

In the workflow of educators

Based on market standards, NOLEJ seamlessly integrates into the prevalent digital ecosystems used by millions of teachers such as Moodle, Canvas, Google Classroom, and Microsoft Teams, supporting multiple languages, including English, French and Portuguese. Philippe Decottignies, Founder and CTO of NOLEJ, explains, “Our architecture is designed as the AI backend of edtech, bringing the benefits of AI to all educational institutions, by upgrading their existing learning infrastructure.”

Proven Approach

“The combined value of pedagogical automation and curriculum intelligence is unique to NOLEJ. It allows for a much more dynamic approach to fulfilling almost any learning need from K-12 to higher-education and lifelong learning.” – Ricardo Prado Schneider, Partner at Square Knowledge Ventures

Built by a team with a decade of AI expertise, cognitive science and pedagogy, NOLEJ ensures accuracy in AI-generated content, circumventing biases and misinformation through its unique “ground Truth” models. Beta testing with 25,000 teachers and over 384 independent studies validate an 85% increase in course completion and a 75% improvement in retention for interactive content, significantly improving learning outcomes.

Nejma Belkhdim, co-founder and CPO of NOLEJ, emphasizes, “Our goal is to empower teachers to use AI responsibly, especially considering concerns about AI-generated content’s authenticity and reliability.”

From Recognition to Global Ambitions

NOLEJ’s international acclaim includes accolades such as Winner of the GESAwards for France, the European Innovation Council‘s Seal of Excellence and finals at the TechCrunch Disrupt Battlefield and the ASU-GSV Cup in the USA.

Already adopted by 59,000 teachers across 10 countries, NOLEJ’s clientele includes key school districts in the USA and prestigious institutions like IMD and the Île de-France region in France, which provides their AI to 625 high schools. “Our vision is to empower educators with tools that not only meet their evolving demands but also inspire a new era of adaptive and accessible learning,” said Bodo Hoenen, CIO NOLEJ.

Scaling Operations for a Transformative Future

This financing round brings together prominent investors including Educapital, and SQUARE Knowledge Ventures, marking a pivotal moment in NOLEJ’s journey to reshape educational landscapes as it transitions from start-up to scale-up. Vincent Favrat, CEO of NOLEJ, notes, “NOLEJ is at the forefront of a paradigm shift in education, answering the need of 82% of educational institutions planning to integrate AI tools imminently.”

About NOLEJ

Co-founded between France and the United States by a group of serial entrepreneurs, NOLEJ specialized in natural language processing before the emergence of generative AI such as ChatGPT. Today, NOLEJ markets a mature product, co-developed with thousands of teachers in a collective intelligence approach. NOLEJ offers institutions and training centers an upgrade of their learning infrastructure, reinforced by ethical AI, directed to meet their specific needs.

About the Investors

Founded in 2017 by Marie-Christine Levet and Litzie Maarek, Educapital is the largest European impact investment fund dedicated to Edtech and the Future of Work. Backed by investment fund Gama Capital, SQUARE Knowledge Ventures, established in Rio de Janeiro in 2020, specializes in educational technologies. Neer Venture Partners, a new US based Seed fund specialized in B2B SaaS start-ups in Fintech and Edtech, also contributed to this funding round.

Contact:

Philippine Bacquart – [email protected] – +336.77.08.48.63

Eve Jouandin – [email protected] – +337.88.39.61.16

SOURCE NOLEJ


Micro Medical Solutions Announces Completion of Enrollment in the STAND Pivotal Clinical Trial

Clinical investigators complete enrollment in the 177 patient, randomized, controlled study, STAND (A Clinical Evaluation of the MicroSTent PeripherAl Vascular SteNt in subjects with Arterial Disease Below the Knee, NCT03477604).

WILMINGTON, Mass., Dec. 6, 2023 — Micro Medical Solutions (MMS), an innovator in the field of microvascular intervention to improve clinical outcomes and quality of life in patients with CLI/CLTI, announced today that it has completed its U.S. pivotal clinical study enrollment evaluating the safety and effectiveness of the MicroStent System compared to the current standard of care, PTA (percutaneous transluminal angioplasty). The MicroStent System has already obtained CE Mark approval for use in the EEA.

STAND (A Clinical Evaluation of the MicroSTent PeripherAl Vascular SteNt in subjects with Arterial Disease Below the Knee) enrolled its final patient earlier this month marking the completion of the study. MicroStent is a vascular stent specifically designed to achieve and maintain tibioperoneal arterial patency improving blood flow and wound healing for below-the-knee amputation reduction in patients with critical limb ischemia (CLI) resulting from progressive peripheral artery disease (PAD). 

“I would like to thank the investigators and the research teams for their dedication, participation, collaboration and tremendous effort to help this complex and difficult patient population. I’m excited to continue to provide research expertise to the company and discuss the study results when available,” said lead investigator, Dr. Robert E. Beasley of Palm Vascular Centers in Miami Beach, Florida.

“CLI/CTI is the most severe clinical manifestation of PAD. We are excited to see the data unfold to further understand the impact of angiosome directed endovascular intervention and its impact on wound healing, limb salvage and patient living independence. We are warmly appreciative to our patient population that participated in the study. The study’s goal has always been to demonstrate a lower amputation rate thereby, lowering the devastating mortality rate associated with limb loss,” commented Rita Jacob, Vice President of Clinical Affairs.

“This is an encouraging step forward for MMS, millions of patients battling CLI every day and Clinicians treating and caring for these patients,” said CEO, Gregory Sullivan. “MMS developed the MicroStent platform in response to patients’ needs, and we are excited to move closer to putting MicroStent in the hands of U.S. interventionalists treating CLI.”

For more about Micro Medical Solutions, visit www.micromedicalsolutions.net.

SOURCE Micro Medical Solutions


Renaissance, a Platform for Music Superfans and Artists, Emerges With 1M+ Organic Downloads and Fresh Funding

VANCOUVER, BC, Dec. 6, 2023Renaissance, a leading platform for music superfans, has previously raised $2.3M CAD led by Blockchain Founders Fund and pre-seed led by Panache Ventures. The new funding (the extension by Blockchain Founders Fund) enables Renaissance to 3x its active users while onboarding 1,000+ artists onto the platform, which unlocks a new revenue stream for those artists.

Since 2021, Renaissance has experienced dramatic growth across its mobile and web applications which has crossed 1M installs with zero marketing spend amongst superfans globally. Renaissance tracks over 150M streams per month in real-time for their users and has seen over 200M participants across Streaming Parties.

Goldman Sach’s, Music in the Air report, predicts that direct monetization of music super fans will result in over $4B in incremental revenue for artists globally by 2030. “Our data shows superfans are spending 8.5x the average music listener which creates a massive opportunity for artists,” said Arpan Deol, co-founder and CEO.

“The Renaissance team has put their deep domain expertise in music distribution to help artists reach the top 1% of their fans – otherwise known as “superfans”. They’re building a product that all artists will use one day to build stronger connections with their audiences,” said Patrick Lor, Managing Partner at Panache Ventures.

Renaissance’s mobile & web app allows fans to track their streams in real-time, enter exclusive artist giveaways, and join streaming parties and communities around their favourite artists. Alongside that, their artist platform plugs directly into the mobile/web apps enabling a seamless experience for the artist to connect with their most-engaged fans. “With an exciting lineup of new features in the pipeline, we’re building the ultimate platform for artists and superfans to connect like never before,” said Devon Ulrich, co-founder and COO.

“They are obsessively focused on providing superfans of artists the best experience possible. Superfans spend more time and money on their favorite artists than anyone, yet are under-served. Renaissance has created a truly interactive experience fans love and want to keep coming back to. And it shows in their incredible growth in a short time.” said Tobi Bauer, Partner at Blockchain Founders Fund

“Ultimately, this fresh funding enables us to move faster towards our goal of being the industry standard when it comes to artist-fan relationships globally,” said Deol. The round is a mixture of venture funding and non-dilutive funding through grant programs in Canada.

About Renaissance
Renaissance is a leading fan engagement platform uniting music superfans globally. With Renaissance, artists will unlock a brand new revenue stream, direct-to-superfan and utilize exclusive tools to connect deeply with their superfans. For fans, they can track their streams in real-time, connect with our fans with Streaming Parties, and enter weekly giveaways.

About Panache Ventures
Panache Ventures is Canada’s most active pre-seed stage venture capital fund. Panache is led by a team of experienced operators, with a strong angel investor track record, years of institutional VC experience and a strong network in Canada, in Silicon Valley and worldwide. The fund has a founders-first philosophy, a commitment to diversity and strategically coinvests with smart angel investors and early-stage funds.

About Blockchain Founders Fund
Blockchain Founders Fund (BFF) is a leading early stage (seed and pre-seed) Web3 Venture Capital fund which invests in top-tier founders globally. Our backers include a strategic mix of the leading firms in the crypto and traditional finance world. We invest in highly-promising startups taking a go-to-market focus and a hands-on approach to drive value. BFF helps curate strategic partnerships, hire talent, accelerate growth and ensure portfolio founders are well capitalized. Our team is comprised of builders and operators that have scaled many of the leading Blockchain startups and are on a mission to support all-star teams shaping the Web3 industry.

Media Contact:
Arpan Deol
[email protected]
778-814-3365

SOURCE Renaissance


Beond Holding Successfully Closes US$13M Pre-Series A Funding Round; Opens $25M Series A Round

The world’s first premium leisure airline continues successful fundraising following its oversubscribed $17M seed round in August 2023

DUBAI, UAE, Dec. 6, 2023 — Beond, the world’s first premium leisure airline, is pleased to announce the successful completion of a US$13M Pre-Series A Round from a group of new and existing investors. The news follows Beond’s oversubscribed US$17M Seed Round in August 2023 and the launch today of a US$25M Series A Round. These fundraising rounds reflect confidence and belief in Beond’s vision, potential, and successful service launch.

Beond’s Chairman and CEO, Tero Taskila, expressed gratitude towards the investors and partners who believe in the company’s vision for a new and exciting approach to premium leisure air travel. “Beond is moving from strength to strength. Our Pre-Series A Round was very successful, and we expect even more interest for our Series A funding round that launches today,” Taskila said.

“Our goal is to reach 32 state-of-the-art and luxurious aircraft within five years, delivering on the promise of our ground-breaking business model in the airline industry and pioneering experience for passengers. Beond will operate a premium leisure experience for customers while bringing to bear the benefits of a lightweight, low-cost operation based on our team’s collective decades of experience.”

In November, Beond successfully launched commercial passenger services from Munich, Zurich, and Riyadh to Malé, Maldives, the airline’s first hub.

“Customer satisfaction, and the interest in our product by travel trade and global media exceeds our expectations,” Taskila said. “Since our inaugural flights, we’ve been pleased at the customer response and appreciation for the airline’s stunning livery and well-appointed onboard experience, and the handmade luxury all-lay flat seating.”

Participants in the Pre-Series A round include family offices, angel investors, and strategic partners, signalling a vote of confidence in the company’s ground-breaking approach to leisure travel and promising market potential.

The investment continues Beond’s ambitious growth plans, including expanding the team, scaling marketing and sales efforts, and securing more capacity.

About Beond
Beond is the world’s first premium leisure airline offering unique and tailored experiences for today’s modern travellers. Beond will initiate flights from various destinations with the latest aviation and luxury travel innovations.

SOURCE Beond


Adcentrx Announces Extension of Series A+ Financing to $51 Million

  • Quan Capital and Partners Investment among new investors joining the Series A+ financing round led by Eight Roads
  • Additional $13 Million extends runway into 2025 and helps to accelerate development of portfolio programs

SAN DIEGO and SHANGHAI, Dec. 5, 2023Adcentrx Therapeutics (“Adcentrx”), a biotechnology company dedicated to revolutionizing Antibody-Drug Conjugate (ADC) therapeutics for cancer and other life-threatening diseases, today announced the extension of its Series A+ financing. The additional $13 million adds to the $38 million Series A+ round that was closed in April 2023. The Series A+ extension included participation from Quan Capital and Partners Investment.

“We are pleased to announce the extension of our Series A+ financing round,” said Hui Li, Ph.D., Founder and CEO of Adcentrx. “With the backing of our new investors, we are better positioned to accelerate the clinical development of our lead program, ADRX-0706, and progression of additional pipeline programs towards the clinic. This allows us to continue our mission of creating differentiated therapeutics to address cancer and other life-threatening diseases.”

Lighthouse Capital acted as Adcentrx’s financial advisor. The additional proceeds will be used by Adcentrx to continue advancing its propriety ADC therapeutic pipeline in the clinic.

About ADRX-0706
ADRX-0706 is an ADC product candidate discovered by Adcentrx. The antibody component targets Nectin-4, a cell surface adhesion protein over-expressed in multiple human cancers and associated with poor disease prognosis. The ADC is produced using Adcentrx’s proprietary i-Conjugation™ technology and novel tubulin inhibitor payload, AP052, to generate an ADC with a drug-antibody ratio of eight (DAR 8). ADRX-0706 has a favorable pharmacokinetic and safety profile in preclinical models, and has demonstrated significant efficacy across a variety of tumor indications. ADRX-0706 is currently being evaluated in a Phase 1a/b clinical trial. For more information about the trial, please refer to the Study ID NCT06036121 on ClinicalTrials.gov.

About Adcentrx Therapeutics
Adcentrx is a biotechnology company focused on accelerating breakthroughs in protein conjugate therapeutic development for cancer and other life-threatening diseases. By combining the targeting precision of biologics and the disease fighting power of small molecule payloads, Adcentrx strives to develop next-generation targeted therapies for improving patient treatment options. Adcentrx has pioneered the development of an ADC technology toolbox addressing key components of protein conjugate design to solve challenges typically seen in ADCs.
For more information about Adcentrx and its innovative ADC technologies, please visit https://adcentrx.com.

About Quan Capital
Quan Capital is a life sciences venture capital firm with strong China expertise and global capabilities. The firm discovers, incubates and grows next-generation life science companies in early and growth stage, worldwide. Quan’s portfolio companies pioneer differentiated therapies and enabling technologies to address major human diseases with high unmet medical needs. Quan has offices in Shanghai and Palo Alto. The firm’s investment professionals combine their strong expertise in both science and business with their diverse experiences in global drug development and healthcare investments, and they leverage their broad network worldwide to help maximize the company’s value across geographies and development stages.
Visit www.quancapital.com to learn more.

About Partners Investment
Partners Investment is a Seoul-based venture capital firm founded in 2000 investing in breakthrough technologies in healthcare and therapeutics globally. With cumulative $1 billion in assets under management, the firm is currently managing more than 50 portfolio companies in the US, China, Europe and Korea. Partners Investment was built upon the belief that the demand for improved health will always be paramount and that investing in healthcare innovations will benefit patients with unmet medical needs.
For more information about Partners Investment, please visit www.partnersi.co.kr/eng/

Contact Information:
Investor Relations
[email protected] 

SOURCE Adcentrx Therapeutics


Veteran Ventures Capital Invests in Biomaterials Science Pioneer, Cambium, to Fuel Innovative Defense Technology Advancements

KNOXVILLE, Tenn., Dec. 5, 2023 — Veteran Ventures Capital (“Veteran Ventures” or “VVC”), a leading emerging manager venture capital firm specializing in investing in and supporting groundbreaking national security technologies, is proud to announce its strategic investment in Cambium, a next-generation defense company at the forefront of material innovation. Cambium’s mission to revolutionize high-performance hardware aligns seamlessly with Veteran Ventures’ commitment to supporting advancements that enhance the capabilities of U.S. and Allied Armed Forces.

Cambium is dedicated to reshaping defense technology by re-engineering products from the ground up, with a focus on dramatically improving manufacturability. Their innovative molecule-to-machine approach integrates computational material design, product development, and advanced manufacturing methods to solve complex application and supply chain challenges. The company has, for example, pioneered the development of advanced biomaterial composites that offer exceptional thermal stability and fire resistance, making them ideal for various Department of Defense (DoD) applications.

The adoption of biomaterials technology is a significant step towards ensuring the United States remains at the forefront of technical innovation and development in the defense sector. These materials will play a pivotal role in the protection of critical assets, from hardening Unmanned Aerial Vehicles (UAVs) against countermeasures to safeguarding payloads during hypersonic flight.

“Cambium’s commitment to innovation and their focus on enhancing mission performance and survivability align perfectly with our mission at Veteran Ventures Capital,” said Derren Burrell, Founder and Managing Partner at Veteran Ventures. “We are excited to join forces with Cambium and support their groundbreaking work in advancing defense technology.”

“We are proud to have Veteran Ventures as an investor,” remarked Simon Waddington, CEO of Cambium. “We greatly value their expertise and networks in defense and government as well as their style of working closely with the company in a highly collaborative way.”

Cambium’s team comprises seasoned experts from renowned organizations such as SpaceX, Virgin Galactic, Lockheed Martin, US Department of Defense Laboratories, and leading biotech companies. Together, they bring a wealth of product engineering and technology integration expertise to revolutionize products across defense, aerospace, space, and renewable energy sectors.

A recent milestone for Cambium was the successful completion of their contract with the U.S. Naval Air Warfare Center Weapons Division (NAWCWD) in China Lake, California. The project aimed to advance and field-test a next-generation bio-manufactured thermal protection system (TPS) designed to enhance the mission performance and survivability of drones. Cambium’s novel TPS is engineered to provide superior protection against heat, fire, rapid heating impacts from countermeasures, and the severe aerodynamic heating and pressure loads experienced during flight.

The investment from Veteran Ventures Capital will enable Cambium to accelerate the development and deployment of their biomaterial technologies, further solidifying their position as a leader in defense and aerospace innovation. Veteran Ventures joins 8VC (lead), GSBackers, Marlinspike, MVP Ventures, Gaingels, Kern Venture Fund, Jackson Moses (Founder, Silent Ventures), Vertical Capital, and select angel investors in this investment round.

About Veteran Ventures Capital, LLC

Veteran Ventures is a veteran-owned investment firm focused on investing in veteran entrepreneurs and leadership. Veteran Ventures recognizes the value of military experience, training, and character, providing success in all aspects of business growth and operations. For more information, please visit: www.veteranventures.us.

Contact: [email protected]

About Cambium

Cambium is an advanced materials innovator for defense and other high-performance fields. We are a one-stop shop for vertically-integrated innovation, from computational material discovery through to production of advanced composites in the US. We leverage state-of-the-art advances in biology, chemistry, materials science, and AI-enhanced product development to accelerate the deployment of next-generation products. For more information visit Cambium at https://cambium-usa.com/

SOURCE Veteran Ventures Capital


Fantuan Raises $40 Million Series C Round, Led by E-Commerce Platform GrubMarket

VANCOUVER, BC, Dec. 5, 2023 – Fantuan, the Asian food delivery and life service platform has closed a $40 million Series C funding round. The round was co-led by GrubMarket, a renowned U.S. fresh grocery e-commerce platform, and Celtic House Asia Partners, Fantuan’s seed round lead investor. VisionPlus Capital, JSD Capital, and other backers from North America and China also participated in this round.

This funding round makes Fantuan the only ethnic food delivery platform to secure substantial funding in the post-pandemic era.

Established in Vancouver, Canada, in 2014, Fantuan has expanded its reach to over 50 cities in Canada, the United States, Australia, and the United Kingdom. With a leading position in North American Asian food delivery market, Fantuan ventured beyond North America in 2022, successfully launching in over 10 cities in Australia and the UK. The remarkable growth rate makes Fantuan consecutively featured in Deloitte Canada’s Technology Fast 50 list as one of the fastest growing tech companies in 2022 and 2023.

The company has attracted top talents in the industry. Earlier this year, Yinfeng Lu, a former Meituan’s key executive, joined Fantuan as Chief Operating Officer. Lu’s extensive experience with leading Chinese tech giants such as Qunar.com and Didi marks Fantuan’s strategic expansion into diversified business ventures beyond food delivery.

“This funding will play a crucial role in elevating our service experience and improving our operations,” said Randy Wu, Founder and CEO of Fantuan. “The international food delivery market continues to exhibit significant growth potential. We aim to refine operations and enhance our competitive advantages on the users, merchants and drivers ends, creating greater value for all stakeholders.”

Fantuan’s robust growth and its ability to attract capital reflects investor confidence, paving the way for broader opportunities in other service segments. The Asian community, comprising over 40 million people in the countries where Fantuan operates, represents a market size of over $36 billion. In addition to continuing to deepen its food delivery business, Fantuan has been exploring other service sectors, including fresh produce delivery, dine in service, ticketing service and more, to meet the needs of the Asian community and address market gaps. This funding round is expected to propel Fantuan closer to its goal of becoming the “overseas version of Meituan.”

“GrubMarket and existing investors have immense confidence in Fantuan’s vision, business model, and profitability,” stated Mike Xu, founder and CEO of GrubMarket. “We believe Fantuan can continue to integrate the overseas Chinese and Asian food delivery market and keep growing its footprints.”

Jie Chen, Celtic House Asia Partners, added, “Celtic House Asia Partners has been with Fantuan from the beginning, witnessing its tremendous growth. With the team’s strong operation and execution, we believe Fantuan will maintain its leadership position in the Asian food delivery sector and achieve even greater success in more countries and business categories.”

About Fantuan

Fantuan was founded in Vancouver, Canada in 2014, currently operating in major cities across Canada, the United States, Australia and the UK. Fantuan is a technology company that provides a one-stop platform providing services such as food delivery, fresh grocery and more. As one of the world’s leading lifestyle service platforms, Fantuan enables users to easily access the richness of resources in their neighbourhood and the city. Fantuan’s cutting-edge technology closely connects business owners with customers and provides convenient, innovative, and efficient services to make people’s lives easier.

For more information, please visit www.fantuan.ca.

SOURCE Fantuan


GAMECHANGER SYSTEMS ANNOUNCES SUCCESSFUL SERIES A GROWTH FUNDING

CLEVELAND, Tenn., Dec. 5, 2023 — The video game buy/sell/trade market is about to become much more convenient and value-add for gamers across the country. GameChanger® Systems, the first and only fully automated “Instant Video Game Buyback” kiosk, will expand its consumer reach in major markets across the U.S. where consumers already shop.

GameChanger Systems recently completed a Series A Preferred growth-capital financing round which paves the way for significant expansion. GameChanger Systems’ seed round funding provided for the development of disruptive technology, covered by five U.S. patents, and the successful initial deployment of kiosks in test markets across the U.S. With the addition of an experienced family office investor with an extraordinary track record of success in consumer financial transaction operations, GameChanger Systems is now well positioned for an aggressive kiosk fleet expansion.

“This Series A round will allow us the opportunity to expand into many new markets through our enterprise agreements with big box grocers and retailers,” said Brent Hall, GameChanger’s chief operating officer. “Our goal is to become the buy/sell/trade brand of choice for all things entertainment media, without the expense of brick-and-mortar stores. By using disruptive point of sale and DOOH technology, we can create more spending power for gaming and non-gaming consumers alike. The expansion will give more shoppers easy access to trade their video game discs, converting ‘Discs to Dollars’ at GameChanger kiosks. Our kiosks create convenient, additional consumer buying power. By using digital egifts as payment, when customers leave our kiosks, they can have instant spendable dollars for their favorite grocer or video game retailer – or even a Visa egift, spendable anywhere.” 

“Our collaboration with exceptional grocers and retailers all over the U.S. is a key milestone,” added Jerry Stout, the company’s chief executive officer. “Our GameChanger kiosks bring unprecedented value to both the video gamer and parents trying to stretch their budgets by using a multifaceted approach that includes the convenience of kiosks, the ease of ecommerce and the speed of mobile ordering capability. This retail combination will provide customers with more money on the spot than they had when they first walked in the grocer or retailer’s door, which will increase the spending opportunity for gaming customers in our retail partners as well as increase customer foot traffic.” 

GameChanger Systems is now poised for aggressive growth and ready to bring… Value to the Player!

Frost & Co., a boutique investment banking firm headquartered in Nashville, TN represented GameChanger Systems and arranged the financing. www.frostcollc.com 

SOURCE GameChanger Systems


Microsoft and ForwardLane Join Forces to Lead AI-Enabled Advancements in Asset Management

Synthesizing Data to Drive Actionable Insights and Personalization

NEW YORK, Dec. 5, 2023 — ForwardLane, the AI-powered Decision Intelligence platform for asset and wealth management, today announced it has attained Microsoft IP Co-sell Ready status, allowing joint go-to-market activities with Microsoft sales teams worldwide. The partnership provides ForwardLane access to Microsoft’s 600+ fields sales teams in financial services, technical resources, support, and global customer base to advance AI software helping asset managers and other financial services firms simplify their data landscapes to enable actionable, personalized insights and next best actions.

Achieving IP Co-sell Ready status highlights ForwardLane’s ability to deliver joint solutions for fund managers built on Microsoft Azure, AI, and machine learning capabilities. Use cases in development include synthesizing disparate data sources into simplified insights for: 

  • Asset management wholesalers leveraging AI-recommended next best actions on client engagement, product positioning, and driving financial advisor success. 
  • Wealth managers accessing personalized insights on managing client relationships and investment accounts.
  • Other examples like automated compliant communications, 24/7 chatbots, and targeted relationship nurturing campaigns.

Additionally, by reaching IP Co-sell Ready status, ForwardLane solutions now enable customers to tap into unused budget from Microsoft Azure monetary commitment agreements. Qualifying Microsoft customers can apply funds committed through Azure consumption plans to obtain ForwardLane’s AI platform focused on simplifying data landscapes to drive actionable personalization.

Commenting on the Microsoft partnership, ForwardLane CEO Nathan Stevenson said: “Attaining Microsoft IP Co-sell Ready partner status will accelerate our mission to bring intelligent personalization through AI to financial services firms. With access to Microsoft’s cloud capabilities and resources, we look forward to collaborating on the next generation of AI applications powering actionable insights for automated advisory experiences.”

Media Contact:
Simona Cotta-Ramusino
+44 7771 863 660
[email protected]

SOURCE ForwardLane