Startup Delivers Exceptional Growth, Increasing Annual Recurring Revenue by More Than 5X Over the Past Two Years

SAN FRANCISCO, Nov. 20, 2023 — LucidLink, pioneers in enabling instant access to data and real-time collaboration for the world’s most innovative companies, today announced that it has raised $75 million in Series C funding, including secondaries, led by Brighton Park Capital an investment firm focused on entrepreneur-led, growth-stage companies within the software, healthcare, and tech-enabled services businesses space. Major existing investors, including Headline, Baseline Ventures, and Adobe Ventures, also participated. Over the past two years – despite a challenging environment – LucidLink has delivered exceptional growth, including growing its annual recurring revenue (ARR) by nearly 5x and the number of users on its platform by over 4x.

Founded in 2016, LucidLink developed the world’s first storage collaboration platform designed to help remote and hybrid teams of creative professionals tackle a variety of complex use cases by enabling immediate access to huge files and secure real-time collaboration. LucidLink’s system is built specifically for the modern computing environment, eliminating the need to download or synchronize files by allowing users to stream data directly from the cloud.

“LucidLink recognized a substantial need for real-time collaboration in the cloud, and their solution has rapidly become indispensable for hybrid and remote creative professionals, underscored by its robust recent growth and diverse customer base of leading innovative companies,” said Mike Gregoire and Sam Kentor, Partners at Brighton Park Capital. “The Company is well-positioned to build on its momentum, and we are excited to support LucidLink’s strategic initiatives to drive future growth.”

According to a recent Filestage report, three-quarters of creative collaboration now happens remotely, with the average creative review process taking eight days and over three versions to receive sign-off.¹ International Data Corporation predicts this trend will drive investment in cloud infrastructure and services to $1.2 trillion by 2027 as the need for businesses to prepare for a hybrid workforce grows more urgent.² For creative industries that work with complex files and applications, real-time collaboration across a hybrid and remote employee base has become a top pain point organizations face today.

Peter Thompson, CEO and Co-Founder of LucidLink, stated, “Legacy collaboration and storage solutions are not designed for this new hybrid workplace reality, and LucidLink is becoming the go-to solution for companies looking to future-proof their businesses. Our customers are reaching 5x in productivity gains on previously impossible workflows, and we are excited to see how they continue to unlock new possibilities as we help to accelerate the future of collaborative work.”

Thompson added, “Brighton Park’s deep expertise, broad network, and track record of supporting growth across its portfolio companies make it the perfect partner, and we are grateful to our existing investors for their continued support.”

Today, LucidLink customers in creative industries and beyond are collaborating on over one billion files across 40 countries. Customers include Adobe, A&E Networks, Whirlpool, Shopify, Buzzfeed, and Spotify, as well as Hollywood studios, major broadcasters, brands, digital ad agencies, architectural firms, and gaming companies. The new capital will accelerate LucidLink’s product and engineering development, customer acquisition efforts, and expansion into new verticals and geographies.

“With this Series C investment, LucidLink will accelerate its most ambitious product updates in the Company’s history to expand our technology leadership position, open up new customer use cases, and create more personalized product experiences that enable creative professionals to work more efficiently and effectively,” said George Dochev, CTO and Co-Founder of LucidLink.

LucidLink’s industry-leading technology and culture has received numerous accolades, including National Association of Broadcasters Product of the Year in 2022 and 2023 and Inc. Magazine’s Best US Workplaces in 2023. LucidLink is hiring across departments and geographies. For more information on open roles, please visit Careers. For more information about LucidLink, contact [email protected], follow the Company on X (formerly Twitter) and LinkedIn, and visit www.lucidlink.com.

About LucidLink
LucidLink has created an award-winning storage collaboration platform that enables creative professionals to work together seamlessly from anywhere. This cloud-based SaaS product connects remote teams instantly to project files of any type and size. LucidLink’s solution is designed for workflows involving huge files, massive data sets, and real-time collaboration. Used in industries like media and entertainment, advertising, retail, architecture, news, and sports, LucidLink helps teams optimize productivity, costs, and creativity for today’s workforce. Headquartered in San Francisco, California, LucidLink has an office in Sofia, Bulgaria, and remote employees across North America, Europe, and Australia.

About Brighton Park Capital
Brighton Park Capital is a Greenwich, Conn.-based investment firm focused on entrepreneur-led, growth-stage software, healthcare, and tech-enabled services companies. The firm invests in companies that provide highly innovative solutions in partnership with great management teams. Brighton Park brings purpose-built value-add capabilities that match the unique requirements of each of its companies. For more information about Brighton Park Capital, please visit www.bpc.com.

References

1. Lott, E. (2023, February 1). Report: The State of Creative Collaboration in 2023 – Filestage. Filestage: The world’s best-rated review and approval platform. https://filestage.io/blog/creative-collaboration-report/
2. Worldwide Spending on Public Cloud Services is Forecast to Reach $1.35 Trillion in 2027, According to New IDC Spending Guide. (n.d.). IDC: The Premier Global Market Intelligence Company. https://www.idc.com/getdoc.jsp?containerId=prUS51179523

Media Contacts

LucidLink
Clare Plaisted
PRComs
[email protected]

Brighton Park
Julie Rudnick/Elizabeth Lake
[email protected]

SOURCE LucidLink

• Founded by experienced technology investor Shalin Mehta, SEVA Fund I is targeting fast-growing, profitable, founder-led, technology-enabled companies
• Oversubscribed inaugural fund received support from diverse group of blue-chip limited partners

NEW YORK, Nov. 20, 2023 — SEVA, a newly-launched growth equity firm serving customer-centric founders and companies based in New York, today announced the close of its $85 million oversubscribed, debut fund (“SEVA Fund I” or the “Fund”), reaching its hard cap and exceeding its original target of $50 million.

The Fund’s close follows just four months of fundraising amidst a historically challenging environment and received wide support from a leading group of limited partners comprised of world-class bootstrapped founder/CEOs, industry leaders, and blue-chip institutional investors including leading university endowments, charitable foundations, investment managers, and family offices.

SEVA will seek to build a focused portfolio between eight and ten investments in fast-growing, profitable, founder-led, technology companies. The firm will target companies that have achieved strong product-market fit, exhibit robust customer loyalty, and are looking to scale and accelerate their long-term growth and profitability.

Founded by Shalin Mehta, formerly of Susquehanna Growth Equity and Spectrum Equity, who built his career by sourcing, leading, and managing proprietary investments in leading founder-led, technology companies, SEVA brings a unique  perspective to its partnership approach, combining flexible capital with empathy and strategic expertise for customer-centric founders and companies focused on profitable growth.

Prior to founding SEVA in 2023, Shalin supported leading companies across the internet, software, data, marketplace, and technology-enabled services categories, such as Clutch.co, ProviderTrust, Seek Now, NoRedInk, Poppulo, and Muck Rack.

“SEVA’s purpose is simple: to serve customer-centric founders and companies,” said Shalin Mehta, Founder and Managing Partner of SEVA. “SEVA realizes its distinct purpose through its strong thematic focus, data-centric approach, extensive bootstrapped founder network, and proprietary sourcing capability to help capital-efficient, customer-centric founders build enduring technology-enabled companies.”

SEVA—a name inspired by the Sanskrit word, which means selfless service—will seek to serve customer-centric founders of fast-growing, bootstrapped companies to scale via profitable growth and achieve their vision on their own terms.

“The typical VC and PE ecosystems continue to overlook and misunderstand these customer-centric founders and companies, who don’t want to subscribe to the dilutive fundraising treadmill or cede control to outside investors too early in the company’s lifecycle – we’ve built SEVA to solve this quandary, by offering a balanced and optimal partnership to enable capital-efficient, customer-centric founders to have the best of both worlds.”

SEVA has also cultivated an extensive network of bootstrapped founders and operational leaders that have built world-class customer-centric companies through profitable growth. SEVA’s Network is a community of world-class founders and growth stage technology executives across key functions with experience solving today’s high-growth initiatives. The SEVA Network will bring their unique perspective to partner with SEVA’s founders to help them scale and accelerate long-term growth and profitability via sharing best practices and expertise across Strategic Planning, Executive Hiring, Product/GTM, Financial Reporting & Operational Infrastructure, and Exit Planning.

About SEVA

SEVA is an early growth equity firm exclusively focused on serving customer-centric founders building fast-growing, profitable, founder-led, internet, software, data, marketplace, and technology-enabled services companies. SEVA is based in Brooklyn, NY. https://www.sevagrowth.com/

SOURCE SEVA

Data-agnostic startup is an all-in-one enrichment & activation platform, helping B2B SaaS GTM teams doubling productivity and growth

NEW YORK, Nov. 20, 2023 — Scalestack, the AI-powered all-in-one data enrichment, prioritization & activation platform for RevOps, has raised $1MM in their first round. Investors include Ripple Ventures, Forum Ventures, Flyer One Ventures, Founders Network Fund, and others. This round of capital will help the platform expand its offerings and grow its reach in the market.

Most sales tools in the market focus on converting and engaging with prospects, but the targeting stage in sales tech remains archaic and underdeveloped. B2B SaaS Companies are hence left with either leaving research up to the reps, killing performance, or building in-house data enrichment teams, which are expensive and hard to maintain.

Scalestack does not sell data, but creates customized, yet automated workflows for existing data (internal and external), along key dimensions of their customers’ ICP. Scalestack runs these workflows at scale in customers’ CRMs, so that data’s always fresh, and properly prioritized, then does the last-mile delivery of insights to sales reps with AI.

Scalestack reports the addition of new customers, including a renewed, expanded and multi-year contract with MongoDB. MongoDB’s developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for today’s wide variety of modern applications, all in a unified and consistent user experience.

“Our sellers get hundreds of sales leads coming in weekly from a large variety of sources like events, job postings, and via social networks,” says Meghan Gill, SVP Sales Operations, MongoDB. “Leveraging AI, Scalestack has been key in helping us to easily aggregate, manage, and automate disparate GTM data sets in a matter of minutes and identify true leads.”

Scalestack, who also leverages MongoDB’s Atlas and Atlas Vector Search to enable its AI enrichment workflow at scale, works by identifying who in the sales and marketing funnels are primed for engagement by training on available data sources like ZoomInfo, Crunchbase, LinkedIn, plus internal data sources (e.g., CRM data). The platform creates a customized and automated data-view of ideal customer profiles, and prioritizes prospects based on this information. The platform then suggests what sales people should do to reach out, or maintain relationships with potential and existing customers, based on sales plays.

“No one should spend their time doing repetitive and boring work,” says Scalestack Cofounder and CEO Elio Narciso. “Yet, sales reps today spend 72% of their time on non-sales tasks: a lot of effort is wasted on manual research, prospect prioritization and data entry. That’s why we created this platform — to automate the most time-consuming part of selling, so that sellers can focus on what really matters.”

“The AI sales market is on a path to reach an estimated value of $93 billion by 2032. However, many companies in this sector provide tools primarily tailored for the lower end of the sales funnel. This often necessitates manual research of prospect data,” explains Matt Cohen, Managing Partner at Ripple Ventures and an investor in Scalestack. “Scalestack is addressing this particular challenge head-on. Through its automation solutions targeting the upper segment of the sales funnel, it significantly enhances the productivity of sales representatives during the critical initial phase – account and prospect targeting,” Cohen points out. “For sales leaders, Scalestack’s a no-brainer.”

To learn more and request a demo, visit: [https://scalestack.ai/]

About Scalestack
Headquartered in New York, Scalestack’s mission is to build products that make computers work for humans, so they can focus on what really matters. Built for RevOps and GTM leaders, Scalestack AI is an all-in-one data enrichment, prioritization & activation platform. It allows GTM teams to easily map existing data to their ideal customer profile, and to their sales engine. Scalestack counts leading SaaS companies like MongoDB and Typeform among its customers, who use it in increasing ways to unlock new levels of GTM productivity, and generate more pipeline. Founded by Elio Narciso and Alessandro Prioni, seasoned entrepreneurs and GTM leaders, Scalestack is backed by investors with deep knowledge of the SaaS space. https://scalestack.ai/

Contact
Rick Medeiros
[email protected]
(510) 556-8517

SOURCE Scalestack

HEILBRONN, Germany and BOSTON, Nov. 20, 2023 — ProtaGene, a leading global contract research organization (CRO) dedicated to advanced analytics for biologics and cell and gene therapies, today announced additional investment from Ampersand Capital Partners.

Given the critical importance of advanced bioanalytics and product characterization for developing increasingly complex therapeutics, Ampersand has invested nearly $40 million within the past year to support ProtaGene’s services and capacity expansions. This investment has allowed the organization to meet rebounding market demand among biologics developers, address increasingly complex analytical challenges, and deliver the growing product understanding and safety assurances required by global regulatory bodies.

Investments Fueled Capacity & Capabilities Expansions

Ampersand’s investments have been pivotal in ProtaGene’s worldwide expansion efforts, including establishing cutting-edge facilities in North America and Europe. Most recently, ProtaGene unveiled a brand-new, state-of-the-art lab and office headquarters in the Burlington BioCenter, located in Boston’s rapidly growing biotechnology hub.

This capital has also been instrumental in enabling ProtaGene to enhance its global offerings, encompassing integration site analysis (ISA), a comprehensive suite of bioanalytical services (including biodistribution, vector shedding, and transgene expression analysis), Chemistry, Manufacturing and Controls (CMC) solutions, and specialized support for biosimilars. These advancements effectively address the ever-evolving needs of clients across the globe.

Funds Allocated for Industry-Leading Equipment and Services

The investment will enable ProtaGene to procure state-of-the-art equipment and technology for characterizing novel biologics and gene therapies. This intention underscores ProtaGene’s mission to provide world-class solutions supporting the dynamic biopharmaceutical and cell and gene therapy sector.

Ampersand’s continued investment in ProtaGene reflects its commitment to progressing innovation and excellence in advanced analytics, essential capabilities needed to enable the discovery and development of novel therapeutics addressing vexing disease states for patients worldwide.

About ProtaGene

ProtaGene is a world-leading CRO partner for the biopharmaceutical and cell and gene therapy industries. ProtaGene provides the most advanced, integrated, and complete protein and gene analytic capabilities and packages, from discovery to product commercialization. A unique combination of protein- and gene-based analytical platforms makes ProtaGene the leading analytic service provider in biologics and cell and gene therapy development. The organization operates four sites in Europe and North America and works in advanced therapeutic platforms with leading biopharmaceutical and gene therapy companies worldwide. For additional information, visit www.protagene.com or follow us on LinkedIn.

About Ampersand Capital Partners

Founded in 1988, Ampersand is a middle-market private equity firm with $3 billion of assets under management dedicated to growth-oriented investments in the healthcare sector. With offices in Boston, MA, and Amsterdam, Netherlands, Ampersand leverages a unique blend of private equity and operating experience to build value and drive long-term performance alongside its portfolio company management teams. Ampersand has helped build numerous market-leading companies across each of the firm’s core healthcare sectors. For additional information, visit www.ampersandcapital.com or follow us on LinkedIn.

SOURCE ProtaGene

NEW YORK, Nov. 20, 2023 — Malou, the all-in-one solution that helps restaurants increase their sales by attracting, retaining, and building loyalty from customers, has announced that it has successfully raised more than $10 million in funding. This fundraise was led by prominent investors including the SaaS B2B experts henQ, Bleu Capital, Bertrand Jelensperger (founder of The Fork), Jim Texier (former CPO of Lightspeed), as well as several restaurant clients.

A powerful solution made by and for restaurants to enhance their presence

Since its inception in January 2021, Malou has been dedicated to providing tailored digital marketing solutions designed exclusively for the restaurant sector, integrating a restaurants’ Google page, social media profiles, as well as listing and delivery platforms all into one centralized hub. Malou then utilizes AI and automation to efficiently analyze and generate responses to customer reviews, generate social media posts, and maintain consistent information, all of which enhances the restaurants’ online presence, SEO, visibility, and social media engagement.

In an era where 9 out of 10 customers choose restaurants online, Malou has emerged as an essential tool for restaurateurs. The platform’s comprehensive approach manages and improves the entire relationship between restaurants and their customers, from discovery and conversion to customer satisfaction monitoring and loyalty building.

With over 2,000 restaurants on board across 12 countries, including independents, food chains, top chefs, and high-profile restaurant groups, Malou has demonstrated its universal appeal and effectiveness. Among their well-known clients are Jean-George Group’s Tin Building marketplace in New York City, Bagatelle Group, and Krispy Kreme.

Funding an international expansion with new talents and an even better solution for restaurants

“Malou’s team has been able to translate their deep understanding of marketing for restaurants into a ‘hyper-verticalized’ solution which optimizes all aspects of a restaurant’s online presence automatically,” said Mick Mackaay, Partner at lead investor henQ. “This leads to more visitors without forcing owners to become marketing experts. The team has further impressed us with their ability to get this solution into the hands of many restaurants, a notoriously hard target group to sell to.”

With the recent funding secured, Malou plans to accelerate growth in France, enhance product functionality, and expand internationally in France, Europe, the Middle East, and the U.S., focusing on New York City and Paris, where co-founder and CEO Louiza Hacene divides her time.

“The restaurant industry is one where success so heavily relies on building and maintaining your reputation, especially through your online presence,” said Louiza. “Malou is dedicated to providing the tools to help restaurants connect with potential customers and maintain their relationships with their existing customers, and this new funding will allow us to further improve our product, expand our team, and increase our market reach, especially in the United States.”

The international team behind the platform 

Malou is led by a dynamic and international trio of co-founders: CEO Louiza Hacene, a Franco-Algerian HEC graduate, along with her two partners, a Tunisian engineer and CentraleSupélec graduate Waad Toumi (CPO), as well as Télécom Paris educated developer, Victor Sage (CTO). Between them, they comprise the entrepreneurial vision, commercial skills and, above all, technical expertise needed to pivot Malou from a restaurant digital marketing agency to the innovative SaaS model tech platform that it is today.

With a strong foundation, a growing client base, and a renewed focus on innovation, Malou is poised to revolutionize restaurant marketing and empower even more restaurants to succeed in the digital age.

More information about Malou can be found at Malou.io.

About Malou
Malou is an AI-powered platform online tool backed by industry experts, designed to enhance the digital presence of restaurants. It offers a range of features to help restaurants improve their online reputation, visibility, and customer engagement. With a focus on simplicity and effectiveness, Malou aims to make digital marketing more accessible and manageable for restaurants, leading to increased visibility and customer attraction.

For media inquiries, please contact:

[email protected]

SOURCE Malou

SUZHOU, China, Nov. 20, 2023 — TSUN, a leading player in the photovoltaic (PV) industry, has recently secured over RMB 150 million in Series B funding, marking its second successful funding round in 2023. Led by IDG Capital and following an investment from Hidden Hill Capital in February, this funding will strategically enhance TSUN’s capabilities in automated production lines, production capacity, and technological advancements in core products. The funds will also support supply chain development and the expansion of domestic and international business channels, further solidifying TSUN’s influence in the PV industry.

Founded in 2019, TSUN is dedicated to the innovative research and development of microinverters and energy storage products. With a mission of “More Safety, More Power,” the company aims to deliver safe and efficient PV solutions, contributing to a low-carbon and eco-friendly lifestyle.

In response to industry challenges, TSUN introduced the TITAN series in 2020, touted as the world’s first high-power single-phase microinverter. This groundbreaking innovation addresses key industry pain points, combining cost-effectiveness with low voltage, high efficiency, and module-level monitoring, enhancing safety, power generation efficiency, and operations and maintenance in the PV sector.

TSUN’s microinverter product lineup includes the Gen3, Gen3 Plus, and TITAN series, covering power ranges from 300W to 3000W. The company has also pioneered “household” applications of microinverters, exemplified by the Easy Solar Kit—a plug-and-play balcony solar system designed for various installation scenarios including flat ground, railings and wall mounting.

Having established collaborations with tier-one companies, TSUN facilitates channel sharing and has expanded distribution channels in rapidly growing markets such as Europe, South America, and the Asia-Pacific region. The company’s subsidiaries and offices worldwide contribute to a comprehensive market operations system, sales service network, and after-sales service system, ensuring customer needs are met.

Supported by Suzhou High-Speed Rail New City, TSUN will commence construction of its self-owned facility this year. The 50,000 square meters facility, expected to be operational by 2025, will house automated production lines, resulting in a 500% increase in production capacity. In product development, TSUN aims to iterate high-power microinverters by 2024, enhancing their application in industrial and commercial areas.

Cora Su, responsible for TSUN’s financing, emphasized the company’s commitment to a long-term strategy. Leveraging its strengths in technology research and development, integrated innovation, and industry resources, TSUN plans to enrich its product line, accelerate iteration, establish competitive advantages, and upgrade its intelligent core, contributing to the green transformation of low-carbon energy.

IRVINE, Calif., Nov. 17, 2023 — University Lab Partners (ULP), a premier nonprofit wet lab incubator based in Orange County, California, is proud to announce that it has been selected as one of 220 applicants nationwide to receive a $2 million award from the U.S. Department of Commerce’s Build to Scale program.

Build to Scale is a pivotal initiative by the U.S. Department of Commerce aimed at fostering innovation, supporting technology entrepreneurs, and driving economic growth. The program seeks to enhance inclusive access to entrepreneurial assistance and startup capital. ULP’s $2 million award will be matched by $2M in local funding and dedicated to scaling its accelerator and commercialization initiatives in Orange County and the broader Southern California region over the next three years.

Karin Koch, Executive Director of University Lab Partners, expressed enthusiasm about the grant, stating, “This investment by the EDA will scale ULP’s proven incubation and acceleration programs. Our startups don’t just dream about improving human health – they strive to make it a reality every day and ULP is an extension of their teams in so many ways.” The acknowledgment underscores the critical role that ULP plays in fostering innovation and economic development in Orange County.

Since its establishment in 2019, ULP has incubated 63 companies and graduated 6 companies, resulting in the creation of 448 new jobs within the region. Positioned as a leader in the Orange County innovation ecosystem, ULP provides state-of-the-art laboratory facilities and superior services, fostering an environment conducive to collaboration and growth. With a commitment to advancing innovation, the Build to Scale grant will significantly amplify the impact of ULP’s accelerator services.

Emre Koyuncu, Founder and Chief Executive Officer of Crescenta Biosciences stated, “Being a part of the ULP community, I see this grant as a crucial catalyst for innovation in the region. In the hands of ULP’s proven leadership, it will empower life science startups with the resources and support needed to transform their discoveries and early programs into life-saving medical innovations.”

The primary objective of the ULP Accelerator is to empower and accelerate scalable ventures in the life science and medical technology sectors. The program will provide tailored advisory/consulting, specialized life science focused entrepreneurial training, access to scientific infrastructure to facilitate technology commercialization, and increase early-stage capital access culminating in regional high-wage job creation for a diverse workforce.

Ahmed Zobi, Co-Founder and Chief Executive Officer of Syntr Health Technologies, a resident company at ULP, shared his excitement about the EDA Build to Scale grant. He stated, “I am thrilled to witness ULP being awarded this grant. It holds the potential to assist numerous founders in Irvine, guiding them along the entrepreneurial path and facilitating the scaling of their ventures. The funding is instrumental in cultivating a robust medtech and biotech hub right in the heart of Irvine.”

About University Lab Partners:

University Lab Partners (ULP) is a premier, nonprofit, wet lab incubator located in Orange County, CA. ULP operates 2 facilities in Irvine and Aliso Viejo, CA. ULP offers highly-equipped wet lab facilities along with the benefits of peer-to-peer interactions among a life science-focused entrepreneurial community.

SOURCE University Lab Partners

Funding will support efficient scaling & customer acquisition in the pet chicken market.

ATLANTA, Nov. 17, 2023 — Grubbly Farms, a specialty pet food company using black soldier fly grub protein as a healthier and more sustainable protein alternative, today announced it has closed its Series A funding round. The round was jointly led by internal investors Overline and Oval Park Capital with reinvestment from Chris Klaus, Founder of Internet Security Systems and current CEO of Fusion World and Gina Del Vecchio, Co-Founder & General Partner at Off Leash Ventures.

With this capital infusion, Grubbly Farms plans to double down on its historical focus on the pet chicken market, currently estimated at $4 billion per year. Since inception in 2015, Grubbly Farms has become the dominant premium brand for backyard, pet chicken feed with over 15,000 five-star reviews and a 50% subscriber retention rate after 12 months (compared to the pet industry average of 33%). Pet chickens are the 3^rd most popular pet in America, only trailing dogs and cats. Grubbly Farms has answered the demand for high quality, all-natural options for flock owners who want healthier options for their chickens.

“When it comes to pet chicken feed, backyard flock owners with a higher standard for quality ingredients were largely underserved. There’s immense potential for how we can use the black soldier fly grub to support pet nutrition and we know this is just the beginning,” said co-Founder and CEO Sean Warner.

Over $1 billion dollars has been invested into insect manufactures as they strive to develop and produce sustainable proteins at a fraction of the greenhouse gas emissions when compared to traditional proteins. The grubs are raised off food waste diverted from landfills. By partnering with insect manufacturers around the world, Grubbly Farms has helped divert over 30 million pounds of food waste.

About Grubbly Farms
Grubbly Farms is a specialty pet food company that uses farm-fresh ingredients and black soldier fly grub protein to support premium pet nutrition while offering a sustainable, planet-friendly protein alternative to traditional protein sources. Grubbly Farms transform wasted food into grub protein, diverting food waste that would otherwise go to landfills. Grubs eat the pre-consumer food waste, upcycling twice their body weight in a single day. The result is a clean and nutritious protein source that supports natural foraging instincts for healthier pets and planet.

SOURCE Grubbly Farms

16^TH Annual Fundraising Event Was Sponsored by Delta Air Lines

ATLANTA, Nov. 17, 2023 — On Friday, November 10, Rally Foundation for Childhood Cancer Research hosted its 16th Annual Benefit Bash, sponsored by Delta Air Lines, and raised more than $2.9 million in critical funding for advances in childhood cancer.

This brings the total funds raised by this event to $16,761,160.

Dr. Henry Ting, Chief Health Officer at Delta Air Lines, and Jeff Arnold, Founder, Chairman, and CEO of Sharecare, served as the Corporate Chairmen of the event, held annually, to raise funds for additional cutting-edge dual peer-reviewed childhood cancer research projects.

“I’ve seen the transformative impact that innovation can have on saving lives, and I am so inspired by the Rally Team’s relentless passion to raise awareness and much needed funds to treat and ultimately cure childhood cancer,” said Sharecare’s Arnold. “Following this year’s event, I’m very grateful for the generosity of everyone who has devoted their time and resources to advance the Rally Foundation’s mission.”

“I was so honored to serve as co-chair of this year’s Rally Bash. It was an inspiring night, and I was humbled to see so many in the room unite to build a brighter future for children with cancer,” said Delta’s Dr. Ting. “We are grateful for the support to fund life changing grants and moved by the families who bravely shared their stories.” 

Dean Crowe, Founder and CEO of Rally, thanked Delta Air Lines and Sharecare as well as all other sponsors, noting: “I am absolutely thrilled by the overwhelming support for Rally Foundation for Childhood Cancer Research at this year’s Benefit Bash. We are so grateful to everyone who supported our event and want to especially thank Henry and Jeff for their leadership which played a pivotal role in our success. Thank you to all our sponsors and guests who gave generously throughout the evening. Together, we will find better treatments and, ultimately, cures for childhood cancer. This was certainly a night to remember!”

Major League Baseball Hall of Famer and Atlanta Braves All Star, Chipper Jones, was honored at the event for his long-time support of Rally. Top sponsors included: Delta Air Lines, RTX, Adonis Partners, Airbus, American Express, the Atlanta Hawks, Consello, Cox Enterprises, Deloitte, Delta Vacations, Forbes Travel Guide, Kaiser Permanente of Georgia, OTG, Penske, Sabre and Sharecare.

About Rally Foundation for Childhood Cancer Research: 

Every day, 47 children in the U.S. are diagnosed with childhood cancer. Rally Foundation for Childhood Cancer Research, a 501(c)(3) nonprofit organization, raises awareness and funds for childhood cancer research to help scientists find better treatments with fewer long-term side effects and, ultimately, cures.

Rally Foundation has awarded $29.4 million in grants since its founding in 2005.  Rally Foundation has also successfully advocated for and secured more than $144 million from the U.S. Department of Defense’s Congressionally Directed Medical Research Program (CDMRP) given directly to researchers specifically for cancers in children, adolescents and young adults. 

Rally Foundation has the highest rating from Charity Navigator and GuideStar and it has received the Independent Charities Seal of Excellence. For every dollar raised, 93 cents supports Rally Foundation’s mission.

To learn more about Rally Foundation, visit www.rallyfoundation.org and follow Rally Foundation on Facebook, Instagram and LinkedIn.

#RallyOn

#GOLDSTRONG

SOURCE Rally Foundation for Childhood Cancer Research