Norwegian Group Katapult Ocean Invests in ecoSPEARS Environmental Startup With NASA Clean Water Technology

ORLANDO, Fla., Oct. 14, 2020 /PRNewswire/ — ecoSPEARS understands that toxins are polluting land and waterways. When these contaminants remain in the environment, they can cause congenital disorders and diseases to animals and people.ecoSPEARS develops climate-friendly technology solutions to remove the toxins from the environment, so everyone has access to clean water, clean food, and clean air. 

In the selection process, Katapult Ocean screened and interviewed a pipeline with more than 1,500 startups. Since 2018, Katapult Ocean has made 32 investments in exciting ocean impact companies from all over the world (17 countries and four continents). “Few options exist when it comes to eliminating persistent and emerging contaminants in soil, sediment, and oil – a problem which has grown with industry globally. ecoSPEARS is well-positioned to become the benchmark cleantech company for green remediation,” said Jonas Skattum Svegaarden, CEO of Katapult Ocean. 

ecoSPEARS imagines a world where every

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Crypto startup raises $2.2 million in fundraise to simplify governance for token delegates

Count this as another sign that the scrappy market for decentralized finance is growing up. 

Boardroom, a company developing a platform for DeFi governance, has completed a $2.2 million raise. The round was led by Standard Crypto, which was joined by a slew of digital asset investors including Slow Ventures, CoinFund, and Framework. The firm says it will use the fresh cash to build a suite of tools for DeFi power-users and protocols delegates to more seamlessly participate in governance decisions across projects.

Despite the breakneck growth of the DeFi market in recent months, governance has been fragmented and clunky. Stakeholders are forced to navigate disparate channels to access information about governance decisions and then vote, says Boardroom founder Kevin Nielson.

For instance, users who want to delegate their voting power to a third-party have to jump through a number of hoops to do so. In some cases token holders

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Agbioscience startup using multisensor drone technology sees growth

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IMAGE: Despite changes forced by the COVID-19 pandemic, a Purdue University-affiliated agbioscience startup focused on research-grade sensing data for agriculture is growing as it takes multisensor drone data collection technology to…
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Credit: Chris Adam/Purdue University

WEST LAFAYETTE, Ind. – Despite changes forced by the COVID-19 pandemic, a Purdue University-affiliated agbioscience startup focused on research-grade sensing data for agriculture is growing as it takes multisensor drone data collection technology to market.

GRYFN, which offers precise geomatics solutions for coaligned and repeatable multisensor drone data collection, is adding members to its team, growing its space, and looking to empower the future of agriculture research.

The startup partnered with Purdue and received a $2.25 million sub-award grant from the Advanced Research Projects Agency-Energy (ARPA-E), a division of the U.S. Department of Energy. Eight Purdue professors founded GRYFN with backgrounds in aeronautic technology, biology, plant sciences, agricultural and biological engineering, civil engineering,

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RIC20 Startup Innovation Labs Showcase 20 Tech Innovators

With a focus on emerging technologies and innovative
startups, the 2020 Retail Innovation Conference is featuring three Startup
Innovation Lab sessions that will introduce attendees to a total of 20 tech
innovators.

Startup Innovation Lab #1: 10-11 am ET, Oct. 13

Moderated by Orlando Ribas Fernandes of XnFinity-XNFY Lab, the first group of startups presenting include:

Omnichannel Fulfillment: onfleet – a last-mile delivery platform;  

Touchless Retail: SuperSmart – a validation and loss-prevention system for Scan & Go; 

Digital Commerce: Pointr – A deep location company combining indoor location intelligence with machine learning; 

Business Agility: Uncrowd – SaaS platform generates live-tracking Friction/Reward Indexes; 

Experiential Initiatives: Gravity AI  —  a MLaaS (Machine Learning as a Service) platform; and 

E-Commerce Optimization: Taste — making artificial intelligence fun and consumer-friendly, and offering a personalized shopping experience.  

Startup Innovation Lab #2, 10-11 am ET, Oct. 14

Ken Fenyo of Coresight Research will moderate tomorrow morning’s

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SoftBank invests $215 million in education start-up Kahoot

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., reacts during a dialog session with Jack Ma, former chairman of Alibaba Group Holding Ltd., not pictured, at Tokyo Forum 2019 in Tokyo, Japan, on Friday, Dec. 6, 2019.

Kiyoshi Ota | Bloomberg via Getty Images

LONDON — SoftBank has invested $215 million in Norwegian education start-up Kahoot, taking a 9.7% stake in the company, as demand for online learning platforms skyrockets during the coronavirus pandemic.

The Oslo-based firm said Tuesday it had agreed to sell 43 million new shares at a price of 46 Norwegian krone — or about $5 — per share to SoftBank. It plans to use funds raised from the deal to fuel growth through new partnerships, joint ventures and acquisitions, CEO Eilert Hanoa told CNBC.

“It’s all about the general switch in mindset from digital tools being a nice-to-have additional set of features in

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Technology startup offers personalized and print boutique-quality greeting cards

Technology startup offers personalized and print boutique-quality greeting cards

Card Isle was founded in 2013 by three Virginia Tech engineering students passionate about making greeting cards more personal, accessible and fun!

www.cardisle.com
Card Isle was founded in 2013 by three Virginia Tech engineering students passionate about making greeting cards more personal, accessible and fun! www.cardisle.com
Card Isle was founded in 2013 by three Virginia Tech engineering students passionate about making greeting cards more personal, accessible and fun! www.cardisle.com
Card Isle
www.cardisle.com
Card Isle www.cardisle.com
Card Isle www.cardisle.com

Richmond, VA, Oct. 12, 2020 (GLOBE NEWSWIRE) — The Center for Innovative Technology (CIT) today announced that the Virginia Founders Fund (VFF) has invested in Card Isle, a Blacksburg, Va.-based technology company that is rethinking how greeting cards can be distributed in a changing retail landscape. Card Isle offers turnkey solutions to design, order, and print personalized greeting cards, and will use this capital from VFF to continue their rapid growth in the eCommerce gifting sector and develop new markets.

 

Greeting cards have a unique ability to connect people

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Indonesia’s AC Ventures Targets New $80 Million Startup Fund

(Bloomberg) — AC Ventures, an Indonesia-focused venture capital firm, said it completed the first close of a planned $80 million technology investment fund.



a crane next to a body of water with a city in the background: A crane stands at a construction site in this aerial photograph taken in Jakarta, Indonesia, on Friday, Feb. 1, 2019. Indonesia is scheduled to release fourth-quarter gross domestic product (GDP) figures on Feb. 6.


© Bloomberg
A crane stands at a construction site in this aerial photograph taken in Jakarta, Indonesia, on Friday, Feb. 1, 2019. Indonesia is scheduled to release fourth-quarter gross domestic product (GDP) figures on Feb. 6.

The Jakarta-based company raised $56 million at the first close, according to its partners. The fund will invest in about 30 early-stage startups in areas including e-commerce and financial technology in the next three years.

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AC Ventures was established in 2019 after two homegrown Indonesian VC firms — Agaeti Ventures and Convergence Ventures — merged to create scale. Its three founding partners are Pandu Sjahrir and Michael Soerijadji, previously general partners of Agaeti Ventures, and Adrian Li, the former founder of Convergence Ventures. Together, they have backed more than

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AC Ventures Targets New $80 Million Indonesian Startup Fund

(Bloomberg) — AC Ventures, an Indonesia-focused venture capital firm, said it completed the first close of a planned $80 million technology investment fund.



a crane next to a body of water with a city in the background: A crane stands at a construction site in this aerial photograph taken in Jakarta, Indonesia, on Friday, Feb. 1, 2019. Indonesia is scheduled to release fourth-quarter gross domestic product (GDP) figures on Feb. 6.


© Bloomberg
A crane stands at a construction site in this aerial photograph taken in Jakarta, Indonesia, on Friday, Feb. 1, 2019. Indonesia is scheduled to release fourth-quarter gross domestic product (GDP) figures on Feb. 6.

The Jakarta-based company raised $56 million at the first close, according to its partners. The fund will invest in about 30 early-stage startups in areas including e-commerce and financial technology in the next three years.

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AC Ventures was established in 2019 after two homegrown Indonesian VC firms — Agaeti Ventures and Convergence Ventures — merged to create scale. Its three founding partners are Pandu Sjahrir and Michael Soerijadji, previously general partners of Agaeti Ventures, and Adrian Li, the former founder of Convergence Ventures. Together, they have backed more than

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Thailand’s logistics startup Flash Express raises $200 million

Flash Express, a two-year-old logistics startup that works with e-commerce firms in Thailand, said on Monday it has raised $200 million in a new financing round as it looks to double down on a rapidly growing market spurred by demand due to the coronavirus pandemic.

The funding, a Series D, was led by PTT Oil and Retail Business Public Company Limited, the marquee oil and retail businesses of Thai conglomerate PTT. Durbell and Krungsri Finnovate, two other top conglomerates in the Southeast Asian country, also participated in the round, which brings Flash Express’ to-date raise to about $400 million.

Flash Express, which operates door-to-door pickup and delivery service, claims to be the second largest private player to operate in this space. The startup, which also counts Alibaba as an investor, entered the market with delivery fees as low as 60 cents per parcel, a move that allowed it to quickly

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Twilio is buying customer data startup Segment for between $3B and $4B

Sources have told TechCrunch that Twilio intends to acquire customer data startup Segment for between $3 and $4 billion. Forbes broke the story on Friday night, reporting a price tag of $3.2 billion.

We have heard from a couple of industry sources that the deal is in the works and could be announced as early as Monday.

Twilio and Segment are both API companies. That means they create an easy way for developers to tap into a specific type of functionality without writing a lot of code. As I wrote in a 2017 article on Segment, it provides a set of APIs to pull together customer data from a variety of sources:

Segment has made a name for itself by providing a set of APIs that enable it to gather data about a customer from a variety of sources like your CRM tool, customer service application and website and pull

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