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Humanity Protocol: Spearheading Blockchain Innovation with Palm Scan Verification in Emerging Markets

Rev Up Marketers

Humanity Protocol has carved out a distinct niche, in Africa's burgeoning markets, namely Kenya and Nigeria, as well as in Vietnam, Asia's emerging blockchain hub. More than 42’000 NFT members in 100 countries worldwide have already signed up since its beta launch in November 2023. The Humanity NFT Project provides biometric verification and has already initiated a digital identity and economic inclusion initiative that seeks to implement a digital job platform through its native SRS Token. The Humanity Protocol introduces a unique and secure method for verifying the livelihood and uniqueness of its users via palm scans. This state-of-the-art technology employs biometric identity to prevent fraud and duplication, marking a significant step forward for a more secure digital environment. "Central to Humanity Protocol’s vision is the empowerment of individuals by providing them with a digital identity secured on a blockchain", said Mr. Marcus Dukes, President of Humanity International Investments Dukes went on to say "Whether it’s accessing financial services or securing employment in remote villages in Africa, the digital identities fostered by Humanity Protocol are paving the way for a more inclusive digital economy, especially in emerging markets." The pivotal element of Humanity Protocol's ecosystem is the allocation of its native SRS token to verified ecosystem participants and NFT holders. This initiative rewards users and incentivizes participation in various tasks and activities within the platform, effectively creating competitive digital job platforms. "By implementing tasks for tokens, Humanity Protocol is unlocking new economic opportunities for users, particularly in regions where access to traditional jobs and financial services is limited," said Dukes. With the use of SRS tokens, Humanity Protocol's blockchain project drives a comprehensive digital economy in much of the developing world. It enables users to earn through participation, from simple tasks to more complex projects, facilitated by a secure, decentralized platform. This approach democratizes access to employment while pioneering new forms of work in the digital age. The Humanity Protocol is setting a new standard for digital inclusion and security. As it rolls out its second phase, the future looks promising for NFT holders and ecosystem participants, with the SRS token poised to play a central role in this vibrant digital economy. An integral part of Humanity Protocol's vision, supported by Humanity International Investments LLC and backed by His Highness Sheikh Marwan Mohammed Bin Rashid Al Maktoum, involves an ambitious roadmap that encompasses the development of a global job platform, the enhancement of social profiles, gamification and integration with global payment companies. This visionary plan aims to bridge the divide between cutting-edge blockchain technologies and everyday practical applications, offering users across the globe a seamless and enriched digital experience. For further inquiries with Humanity International Investment, please contact: Communications@humanityinvestments.co About Humanity International Investments (www.humanityinvestments.co) Humanity International Investments is a Dubai-based social impact fund, led by His Highness Sheikh Marwan Mohammed Bin Rashid Al Maktoum, dedicated to fostering financial inclusion across Africa. With an expansive network spanning the continent, the organization is committed to bridging the identity gap for the unbanked and the ultra-poor. By collaborating with innovative technology partners, the Humanity Protocol seeks to provide verifiable identities, enabling countless Africans to access financial services, credit, and opportunities for wealth creation. Their vision is not just about creating identities but about empowering individuals to change their futures and have a voice in the global digital community. About The Humanity Protocol (https://app.humanity-protocol.com/index/Welcome) Humanity International Investments is dedicated to nurturing a resilient and sustainable economy in Africa and Asia, emphasizing economic empowerment through the implementation of the Humanity Protocol. This groundbreaking initiative has successfully cultivated a vast global community, encompassing over 42,000 members from 100 countries. This innovative approach is instrumental in promoting economic equity and sustainability, reinforcing our commitment to a stronger, more empowered global community. Contact Details Humanity Investments. Jumal Lewis Communications@humanityinvestments.co Company Website https://humanityinvestments.co

April 09, 2024 01:53 PM Eastern Daylight Time

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Comcast RISE to Award 100 Small Businesses in Southern Colorado with Grant Packages that Include a $5,000 Monetary Grant, Marketing and Technology Resources, and More

Comcast Colorado

Today, Comcast announced 100 businesses in Southern Colorado will receive comprehensive grant packages that include business coaching sessions, education resources, a $5,000 monetary grant, creative production, and technology makeovers. Comcast RISE is committed to supporting the growth of all small businesses, while advancing the objectives of diversity, equity and inclusion, as well as community investment. The program is built to help businesses and their communities thrive with a focus on economic growth. “Comcast is committed to supporting and empowering small businesses in our communities,” said J.D. Keller, senior vice president of Comcast’s Mountain West Region. “The Comcast RISE program will deliver innovative and impactful resources that will make a lasting impact on small businesses in Colorado Springs.” Beginning on May 1, and through May 31, eligible businesses in Colorado Springs and El Paso County can apply for a grant package at www.ComcastRISE.com. A total of 100 grants in Southern Colorado, and 500 grants overall, will be announced in August 2024, bringing the total number of recipients to date to 14,000. “Small businesses are essential pillars of Colorado Springs’ community, contributing significantly to the strength and vibrancy of our economy through job creation, by increasing our tax base, and providing our community’s unique charm and character,” said Colorado Springs Mayor Yemi Mobolade. “It is the small business owner that takes a leap of faith to turn a dream into a reality. By investing in our local entrepreneurs, we’re helping support the heartbeat of our city, because their success is our success.” Comcast RISE was created in November 2020 to help small businesses hardest hit by COVID-19, from bakeries and barber shops to childcare centers and cleaning services, by providing the grants needed to survive and recover. The program has evolved from helping businesses survive the pandemic, to helping businesses and their communities thrive with a focus on economic growth. Grant packages will include: CONSULTATION - General business assessment and coaching that provides business owners with recommendations on how to help grow their businesses. EDUCATION RESOURCES - 12-month access to online entrepreneurship courses, learning modules and resources for small business owners. MONETARY GRANT - $5,000 monetary grant. CREATIVE PRODUCTION & MEDIA - Turnkey production of a 30-second TV commercial, plus a media strategy consultation and a 180-day media schedule. (Taxes and other fees may apply for production and media services.) TECHNOLOGY MAKEOVER - Computer equipment and Internet, Voice and Cybersecurity services for 12 months. (Taxes and other fees may apply for tech makeover services.) In addition, any small business owner can visit the Comcast RISE destination on the X1 platform featuring aggregated small business news, tips, insights, and more. Just say “Comcast RISE” into the X1 voice remote. Comcast RISE is part of Project UP, the company’s $1 billion commitment to advance digital equity through programs and community partnerships that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. More information and the applications to apply for either the grant program or marketing and technology services are available at www.ComcastRISE.com. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About Comcast Business Comcast Business offers Ethernet, Internet, Wi-Fi, Voice, TV and Managed Enterprise Solutions to help organizations of all sizes transform their business. Powered by an advanced network, and backed by 24/7 customer support, Comcast Business is one of the largest contributors to the growth of Comcast Cable. Comcast Business is the nation’s largest cable provider to small and mid-size businesses and has emerged as a force in the Enterprise market; recognized over the last two years by leading industry associations as one of the fastest growing providers of Ethernet services. For more information, visit www.business.comcast.com or call 866- 429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About EffectvEffectv, the advertising sales division of Comcast Cable, helps local, regional and national advertisers use the best of digital with the power of TV to grow their business. It provides multiscreen marketing solutions to make advertising campaigns more effective and easier to execute. Headquartered in New York with offices throughout the country, Effectv has a presence in 66 markets with nearly 30 million owned and represented subscribers. For more information, visit effectv.com. Contact Details Comcast Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

April 09, 2024 11:00 AM Mountain Daylight Time

Comcast RISE to Award 100 Small Businesses in Southern Colorado with Grant Packages that Include a $5,000 Monetary Grant, Marketing and Technology Resources, and More

Comcast Colorado

Today, Comcast announced 100 businesses in Southern Colorado will receive comprehensive grant packages that include business coaching sessions, education resources, a $5,000 monetary grant, creative production, and technology makeovers. Comcast RISE is committed to supporting the growth of all small businesses, while advancing the objectives of diversity, equity and inclusion, as well as community investment. The program is built to help businesses and their communities thrive with a focus on economic growth. “Comcast is committed to supporting and empowering small businesses in our communities,” said J.D. Keller, senior vice president of Comcast’s Mountain West Region. “The Comcast RISE program will deliver innovative and impactful resources that can make a lasting impact on small businesses in Pueblo.” Beginning on May 1, and through May 31, eligible businesses in Pueblo and Pueblo County can apply for a grant package at www.ComcastRISE.com. A total of 100 grants in Southern Colorado, and 500 grants overall, will be announced in August 2024, bringing the total number of recipients to date to 14,000. “Small businesses drive innovation, create jobs, and enrich the fabric of our community,” said Pueblo Mayor Heather Graham. “Through dedicated support and investments like the Comcast RISE program, entrepreneurs are empowered to grow their businesses.” Comcast RISE was created in November 2020 to help small businesses hardest hit by COVID-19, from bakeries and barber shops to childcare centers and cleaning services, by providing the grants needed to survive and recover. The program has evolved from helping businesses survive the pandemic, to helping businesses and their communities thrive with a focus on economic growth. Grant packages will include: CONSULTATION - General business assessment and coaching that provides business owners with recommendations on how to grow their businesses. EDUCATION RESOURCES - 12-month access to online entrepreneurship courses, learning modules and resources for small business owners. MONETARY GRANT - $5,000 monetary grant. CREATIVE PRODUCTION & MEDIA - Turnkey production of a 30-second TV commercial, plus a media strategy consultation and a 180-day media schedule. (Taxes and other fees may apply for production and media services.) TECHNOLOGY MAKEOVER - Computer equipment and Internet, Voice and Cybersecurity services for 12 months. (Taxes and other fees may apply for tech makeover services.) In addition, any small business owner can visit the Comcast RISE destination on X1 featuring aggregated small business news, tips, insights, and more. X1 customers can say “Comcast RISE” into the voice remote. Comcast RISE is part of Project UP, the company’s $1 billion commitment to advance digital equity through programs and community partnerships that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. More information and the applications to apply for either the grant program or marketing and technology services are available at www.ComcastRISE.com. About Comcast CorporationComcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About Comcast Business Comcast Business offers a broad suite of technology solutions to keep businesses of all sizes ready for what’s next. With a range of offerings including connectivity, secure networking, advanced cybersecurity, and unified communications solutions, Comcast Business is partnering with business and technology leaders across industries and integrating Masergy, a leader in software defined networking, to help drive businesses forward. Backed by a next-generation network, Comcast Business has been recognized for its growth, innovation, and leadership in global secure networking. For more information, call 800-501-6000. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About EffectvEffectv, the advertising sales division of Comcast Cable, helps local, regional and national advertisers use the best of digital with the power of TV to grow their business. It provides multiscreen marketing solutions to make advertising campaigns more effective and easier to execute. Headquartered in New York with offices throughout the country, Effectv has a presence in 66 markets with nearly 30 million owned and represented subscribers. For more information, visit effectv.com. Contact Details Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

April 09, 2024 11:00 AM Mountain Daylight Time

Ripple CEO's Claims Crypto Market Will Explode to $5T; Polkadot and KangaMoon Steal the Show

Kangamoon

The Ripple (XRP) CEO recently said that the crypto market value is on track to reach $5T. This has made traders scramble to get into the crypto market. Two altcoins have captured the spotlight in this space - Polkadot (DOT) and KangaMoon (KANG). While you may be familiar with DOT, KANG is a Stage 5 presale star that may surge by 50x in 2024. Ripple (XRP) CEO: Crypto Market To Double in Size The CEO of Ripple (XRP), Brad Garlinghouse, predicted that the cryptocurrency market's cap could exceed $5T before the end of this year. In an interview with CNBC, the Ripple CEO cited macroeconomic factors such as the first US Bitcoin spot ETF and the upcoming BTC halving event as reasons for this growth. The Ripple crypto value has fluctuated between $0.62 and $0.60 in the past 30 days alone. Its market cap fell from $34.10B to $33.40B during that time. However, the technical analysis for Ripple paints a bullish picture. For instance, there are 25 green technical indicators for this altcoin. Due to all this bullish Ripple news, analysts foresee a growth to $0.87 within Q2 of 2024. Polkadot (DOT): Active Addresses Reach 600K – a New Record Meanwhile, Polkadot (DOT) is another altcoin that has been making headlines. In other words, Polkadot recently announced that its activity continues rising. For example, there are now over 600,000 on-chain active addresses on the Polkadot blockchain. This Polkadot news may trigger a rally for this crypto, which has grown in value from $6.21 to $9 over the past 12 months. Its market cap surged from $7.30B to $12.68B in that period. Additionally, the Polkadot crypto trades above its 50 and 100-day EMAs. As a result, experts in the crypto field predict DOT will hit $12.84 before Q2 of 2024 ends. KangaMoon (KANG): To Top the Best Altcoin List Amid Ripple and Polkadot gaining traction, KangaMoon (KANG) has emerged as one of the best altcoins to buy. This rising presale star has already raised over $4.4M, and projections hint at a growth to $5M before April 2024 ends. Not only that, it has already provided early buyers with a 290% ROI—a stellar performance for a presale. This altcoin's long-term growth potential is stellar since it will tap into the P2E gaming sector, which has been projected to reach $885M. KangaMoon is getting ready to introduce a P2E game where its native token, KANG, will be the main in-game currency. KANG holders will access weekly, monthly, or quarterly challenges and earn more tokens or in-game assets. Another exciting aspect of KangaMoon is its community-driven focus. For instance, KangaMoon will give the most active community members free KANG before its launch. Therefore, over 20,000 registered community members now like and share KangaMoon's social media posts. Currently, this altcoin costs just $0.0196 as it is in Stage 5 of its presale—a big increase from its starting price of $0.005. If things keep on going up, analysts expect a 50x surge once KANG is listed on a Tier-1 CEX in Q2 of 2024. Due to all these reasons, KANG is one of the best altcoins to watch in 2024. Will KangaMoon Surge Faster than Ripple and Polkadot? KangaMoon can potentially surge ahead of other altcoins like Ripple and Polkadot. This is because KANG has a low market cap of $19.6M, which means it requires way less money for its price to increase. If you are interested in this altcoin, follow the links below and get a 10% bonus. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 09, 2024 11:00 AM Central Daylight Time

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MYBUNDLE DATA SHOWS BUNDLING STREAMING CREDITS WITH BROADBAND REDUCES STREAMING SERVICE CHURN BY UP TO 50%

MyBundle

MyBundle, the premier online platform connecting consumers, streaming services and broadband providers, today released company research data indicating that bundling streaming credits with broadband service reduces the first-year monthly churn rate for SVOD streaming services by up to 50% when compared to leading industry research firm Antenna’s reported industry average monthly rate of 8.6%.* For the analysis, MyBundle examined streaming service purchase data from approximately 300 subscribers to Norvado’s 1 Gig fiber PickME Plan Internet broadband service, which includes $20 in monthly streaming credits bundled using MyBundle's innovative Streaming Choice program. After 12 months, the monthly churn rate of streaming services was approximately 4.3% using the same methodology as Antenna’s “State of Subscriptions – Premium SVOD” study from February 2024. Both studies used a weighted average of monthly churn consumers in year one of their respective subscriptions. “The concept of bundling content and connectivity is nothing new to the broader business of media and entertainment, however with this yearlong MyBundle research we now have strong empirical data that bundling streaming purchases with broadband works,” said MyBundle Co-Founder and CEO, Jason Cohen. “New customer acquisition is still important for streaming services, but reducing churn is now a close second priority. It’s still early days for MyBundle’s Streaming Choice, but while the benefit to broadband providers is noteworthy, a potential 50% reduction in streaming service monthly churn is remarkable - a possible game-changer for streaming services.” 21 of MyBundle’s nearly 230 broadband partners are already offering Streaming Choice. Constructed first in 2022 with a flexible approach for its growing broadband partner network, MyBundle’s Streaming Choice program is designed to meet the varied needs and goals of ISP partners, while maximizing consumer satisfaction. Streaming Choice campaigns deployed by MyBundle’s broadband partners are all bundled with an Internet tier offer and include: a) one-time or monthly recurring streaming credits, b) preselected streaming service(s) for a fixed period of time, or c) consumers selecting the streaming service(s) of their choice for a fixed period of time MyBundle offers an integrated billing platform and co-branded streaming video tools and services for broadband and multichannel video providers. Sitting at the cross-section of consumers looking to explore and optimize their streaming service subscriptions, broadband providers looking to deliver choice to current and prospective customers and streaming services looking for efficient ways to reach and retain new customers, MyBundle reduces friction and increases satisfaction for the ever-growing and dynamic streaming video ecosystem. About MyBundle MyBundle is the industry-leading consumer and enterprise platform simplifying streaming TV. MyBundle’s free and easy-to-use tools help consumers discover and manage their streaming service subscriptions, watch free live TV, and find content to watch across their services. Incorporating more than 150 streaming services and partnering with nearly 230 broadband providers serving approximately 13 million customers and growing, the MyBundle platform helps consumers navigate the streaming video world and creates new growth opportunities for programmers and high-speed data distributors alike. *source: Antenna, “State of Subscriptions – Premium SVOD,” February 2024 Contact Details Becker PR for MyBundle Eric Becker +1 303-638-3469 press@mybundle.tv Company Website https://mybundle.tv/

April 09, 2024 10:00 AM Eastern Daylight Time

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Accel leads $20m round in Sprinto as it helps businesses build trust through its compliance and risk platform

Sprinto

Businesses are facing mounting pressure to prioritize security risks and ensure compliance with leading security and privacy standards. Non-adherence can result in loss of business, hefty regulatory fines, and damage to reputation. However, despite the critical importance of these activities, they struggle to build a robust, responsive risk and compliance program due to the amount of manual work involved and the limited availability of resources. Helping businesses to address these challenges, leading automated risk and compliance platform Sprinto is today announcing a $20m funding round. Accel led the series B funding round with participation from existing investors Elevation Capital and Blume Ventures. Including this round, Sprinto has raised $31.8 million to date. Sprinto will use the fresh funds for R&D, with a sharp focus on intelligent automation and AI, and expanding into new markets. To empower businesses in navigating risk and compliance with clarity and confidence, Sprinto has pioneered technology rooted in intelligent automation that eliminates barriers to establishing trust. The platform plugs into a company's processes to create intelligent workflows using AI. By doing so, Sprinto tears down silos and produces a connected view of assets, risks, controls, and compliance. This structured approach enhances security programs, fostering seamless operations and tangible results. Founded in 2020 by Girish Redekar and Raghuveer Kancherla, Sprinto marks their second entrepreneurial endeavor. The company has amassed thousands of customers and extended its reach to more than 75 countries. The co-founders observed first-hand the challenges of dealing with compliance with their first venture Recruiterbox (acquired in 2018). They found it to be tedious, manual, confusing, and costly. Sprinto was born out of this frustration, designed and engineered to help other companies eliminate busywork through intelligent automation, liberating themselves from compliance drudgery and reclaiming time to do business. Girish Redekar, co-founder and CEO of Sprinto, said: “Companies are increasingly dependent on third and fourth parties to provide mission-critical services – from payroll processing to managed web hosting. It’s inevitable that this will expose them to vulnerabilities. They are doing their best to follow best practices for cybersecurity, but less than a quarter of execs believe they are meeting the bar ( Bain & Company ). Compliance serves as a way of seeding good security behaviors that help maintain security while ensuring high operating standards, high service levels, and risks under control. I’ve seen how CEOs are now increasingly engaged in risk and compliance-related projects, transitioning from viewing it solely as a monitoring and reporting mechanism for regulators to recognizing its potential as a driver of growth. Trust is the currency of any business transaction. Removing barriers to establishing trust can hyper-accelerate the GDP growth of B2B commerce. We are committed to building the technology that enables this mission.” Sprinto customer Alessio Panni, Partner and Head of Cloud & Platforms practice at Prometeia commented: "As a leading company in the field of consulting services and software solutions for the financial sector, we firmly believe security and compliance lie at the very heart of our SaaS Cloud offering for risk management and wealth management. Sprinto is our trusted security and compliance platform, enabling us from the early days to enhance protection for our client's assets and to accelerate the path towards secure growth and compliance goals. The Governance, Risk, and Compliance (GRC) market is undergoing unprecedented changes. Total spending reached $54.61 billion in 2023, and it’s expected to climb to $134.86 billion in 2030 (source: Grandview Research ). With its automation-first, intelligent, and adaptive risk and compliance platform, Sprinto is primed to succeed. The founding team and core leadership bring together decades of collective SaaS experience, drawing from diverse backgrounds as former founders, investors, and senior management professionals at companies like IBM, McKinsey, LinkedIn, Tata Consultancy Services, and BrowserStack. Shekhar Kirani, Partner at Accel, commented: “With the proliferation of data across digital platforms, the secular shift to the cloud, and the growing adoption of SaaS tools, information security is gaining central importance in the enterprise. Every company - whether tech-enabled or traditional, large or mid-sized - is increasingly required to comply with standard frameworks and protocols. Sprinto is doing an incredible job of helping companies focus on their core business by making compliance low-touch, automated, and efficient. With a deep understanding of the product and a sharp focus on execution, Sprinto has been on a rare growth trajectory. We are thrilled to partner with Girish, Raghuveer, and their team at Sprinto in their mission to ensure that compliance becomes a driver of growth for businesses,” Ravi Adusumalli, Co-managing Partner, Elevation Capital added: "We are thrilled to deepen our partnership with Sprinto as they continue to disrupt cloud security and compliance. Girish, Raghu, and the team have created a superior and comprehensive product, enabling hundreds of customers to achieve their compliance necessities. Sprinto's reviews and customer feedback are a testament to the product quality, which has enabled the company to grow over twenty times in a highly capital-efficient way since we led their Series A fundraising in 2021." About Sprinto Thousands of ambitious businesses trust Sprinto to streamline and automate their risk and compliance. Sprinto supports all major standard security frameworks, including SOC 2, ISO 27001, GDPR, HIPAA, and PCI-DSS, as well as custom frameworks tailored to your needs. With flexible and intelligent features, including adaptive automation, Sprinto equips businesses with a comprehensive toolkit to navigate cyber risk and regulatory requirements seamlessly, ensuring that compliance and audits never hinder growth. About Accel Accel is a leading global venture capital firm that aims to be the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Accel has been operating in India since 2008, and its investments include companies like BookMyShow, BrowserStack, Flipkart, Freshworks, Cure.fit, Musigma, Mensa Brands, Myntra, Swiggy, Urban Company, Zetwerk, and Zenoti, among many others. We help ambitious entrepreneurs build iconic global businesses. For more information, visit www.accel.com About Elevation Capital Elevation Capital is a leading venture capital firm that provides seed and early-stage capital for emerging companies in India. Having invested in India since 2002, Elevation has deployed over $2 billion of capital in over 150 companies. The firm announced its eighth pool of capital of $670 million in April 2022. Co-led by Managing Partners Ravi Adusumalli and Mukul Arora, along with Partners Mridul Arora and Mayank Khanduja, the firm has invested across Consumer Internet, SaaS, Fintech, Consumer Brands, Edtech, Healthtech, Gaming, and Deeptech. Elevation Capital has offices in Bengaluru and Gurgaon. For more information, visit elevationcapital.com About Blume Ventures Blume is an early stage venture fund that backs startups with both funding as well as active mentoring. We typically invest in tech-led startups, led by founders who are obsessed with solving hard problems, uniquely Indian in nature, and impacting large markets. Our vision is to be the leading platform that sources, funds, nurtures, and creates value for India's brightest young startups – helping them blume. For more information, visit blume.vc Contact Details Sprinto Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://sprinto.com/

April 09, 2024 09:00 AM Eastern Daylight Time

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From AI To Foodtech, OurCrowd Brings More Opportunities To Investors With Three New Funds

OurCrowd

By Meg Flippin, Benzinga When it comes to transformative, revolutionary technology, AI is high on the list. After all, it impacts everything from how we craft research papers and emails to what we eat. It is also driving unprecedented deal-making with investment dollars pouring into AI and generative AI at a fast clip, with those investments also naturally spilling over into other impacted sectors like foodtech. OurCrowd, the leading global digital investment firm, captures all of those opportunities and more with three popular investment funds: The OurCrowd AI Fund, The OurCrowd FoodTech Fund and OC50 VIII. Through these funds, investors get access to the startups OurCrowd is making bets on in fast-growing markets like AI, foodtech and software-as-a-service, to name a few. Declared Israel’s “most active investor” for the past 10 years by PitchBook, OurCrowd has recorded 63 exits from 440 portfolio companies since its inception in 2013 and is invested in 410 additional companies via partner funds. It has more than 230,000 registered investors from 195 countries among its members. Through the OurCrowd platform, accredited investors can participate in a wide range of deals from individual startups to highly diversified funds, private equity, venture debt and other hard-to-access private market opportunities. OurCrowd gives investors access to multiple funds based on sector, stage, geography or investment thesis. Generative AI Transforming The World The OurCrowd AI Fund is one example of the types of opportunities OurCrowd offers. The $50 million fund seeks appreciation by investing in 20 to 25 AI startups on the OurCrowd platform using AI, generative AI and machine learning to positively impact multiple industries and sectors. The fund is focused on companies developing generative AI across several sectors, including medtech, mobility, agtech, cybersecurity, foodtech, climatech, legaltech and fintech. The fund will also invest in companies that provide AI solutions to support key business categories across technology sectors, including customer operations, marketing and sales, software engineering and R&D. OurCrowd sees a big opportunity for the startups operating in the generative AI space, pointing to ChatGPT to underscore the potential. “Since the release of OpenAI’s ChatGPT in November 2022 the interest in artificial intelligence (AI) and particularly in generative AI has surged. The remarkable success of ChatGPT is a testament to the power of product/market fit,” OurCrowd wrote in its investment prospectus for the fund. “Launched on November 30, 2022, it gained over 1 million users in just 5 days and reached 100M users in just 2 months. This level of mass adoption for a technology product is unprecedented, way outpacing previous tech innovative waves such as the PC (it took Apple 14 years and Microsoft 10 years to attain 100M users), Internet (Amazon – 12 years, Facebook 5 years and Google raised the bar to 1 year), Mobile (Instagram – 30 months and TikTok – 9 months).” To learn more about the OurCrowd AI Fund and to invest, click here. Technology Changing The Way We Eat Foodtech is another area OurCrowd is bullish about and so it has launched the OurCrowd FoodTech Fund. The fund is raising $30 million to invest in 15 to 20 food technology companies offered on the OurCrowd platform. OurCrowd says the foodtech market is booming, with a few areas of the market dominating, including bioengineering alternative proteins, supply-chain optimization, AI-driven smart home cooking products and delivery apps. The OurCrowd FoodTech Fund invests in a wide range of technology companies seeking to tackle the challenge of feeding the world’s fast-growing population while decarbonizing the global economy. Companies in the fund will also address new trends in culinary preferences, as well as lifestyle pressures and sustainability demands among Millennials and Generation Z. OurCrowd knows a thing or two about foodtech, which is what it says makes its fund attractive to accredited investors. The VC firm has invested more than $102 million across 20 foodtech companies worldwide, including Beyond Meat Inc. (NASDAQ: BYND), which had a successful IPO in 2019. Of its investments, nine are in Israel, which is a global leader in the number of alternative protein startups and amount invested, second only to the U.S. OurCrowd says it’s well positioned to leverage Israel’s cutting-edge leadership in the space via its network of entrepreneurs, scientists, third-party funds and dedicated in-house food and agtech incubators in Israel and New Zealand. Moreover, since 2021, OurCrowd has been among the ten most active VCs globally in foodtech, according to PitchBook data. To learn more about the OC FoodTech fund and how to invest click here. VC Access Through OurCrowd’s OC50 VIII Fund With so many startups in AI, foodtech and other areas of technology, it's not surprising that a lot of deal-making is going on. OurCrowd is giving investors access to that via its hyperdiversified OC50 VIII fund. Through the fund, investors get unprecedented broad exposure to the venture capital asset class across technology sectors where OurCrowd professionals have developed particular expertise, geographies where OurCrowd has developed networks of investors and global partners and across all development stages of startup companies from early-stage to pre-IPO. The investments cover several areas of tech including software-as-a-service (SaaS), fintech, medtech and digital health, mobility, cybersecurity and consumer and enterprise hardware. OurCrowd is leveling the playing field with the fund, giving investors access to venture deals long reserved only for institutional investors and elite VCs – offering instant diversification, rapid deployment of funds, earlier distributions and preferential access to the OurCrowd platform’s top deals. To invest in the OC50 VIII fund and learn more about its strategy click here. Beyond AI And Tech OurCrowd isn’t only focusing on AI and food tech, it's also adapting to geopolitical unrest, recently launching the $50 million Israel Resilience Fund. The fund is focused on startups that are directly affected by the Israeli/Hamas conflict or are developing solutions to address the environmental impact, emergency medicine, food security, cybersecurity, media monitoring, reconstruction and other verticals. That fund closed its first round 40 days after announcing, with $13 million in capital commitments. It's one of the fastest-closing venture funds to go from conception to closure and eight actual investments, according to OurCrowd. The fund plans to invest in about 40 companies and has so far helped to unlock more than $100 million in matching funds from other investors and government bodies. For an opportunity to get in early on the Israeli companies making a difference despite the Israeli/Hamas conflict click here. Change is happening at a dizzying pace driven by AI, generative AI and machine learning. Through these funds from OurCrowd, investors get early access to up-and-coming startups that have the potential to be the leaders of tomorrow. Click here to begin investing with OurCrowd. Featured photo by Steve Johnson on Unsplash. OurCrowd was started in 2013, driven by the idea that the business of building startups grows bigger and better when the global ‘crowd’ gains access to VC-level investment opportunities.Today, OurCrowd is a global venture and alternative investing platform that empowers institutions and individuals to invest and engage in emerging companies. OurCrowd vets and selects companies, invests its capital, and provides its global network with unparalleled access to co-invest and contribute connections, talent and deal flow. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Lisa Graston lisa.graston@ourcrowd.com Company Website http://www.ourcrowd.com

April 09, 2024 08:45 AM Eastern Daylight Time

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National Comcast RISE Program Set to Give 100 Southeast Texas Small Businesses Grants, Tech-Makeovers, Marketing Support and More

Comcast Texas

Today, Comcast announced Houston would be one of five cities from which eligible small businesses can apply to its nationally recognized Comcast RISE program for the opportunity to receive business support grants. The program will provide a total of $500,000 in grants plus technology make-overs, marketing support, media schedules, coaching sessions and education support. “Small businesses are the backbone of our economy and are essential to building strong and thriving local communities,” said Loren Hudson, SVP and Chief Diversity Officer at Comcast. “Comcast RISE is proud to help strengthen and empower these businesses and entrepreneurs to expand and grow.” Beginning on May 1 through May 31, eligible businesses in Houston; Atlanta, GA; Southern Colorado; Jacksonville, FL and Richmond, VA can apply for a chance to receive a grant package at www.ComcastRISE.com. One hundred businesses per city, 500 in total, will be awarded business support grants that will include: COACHING SESSIONS - General business assessment and coaching that provides business owners with recommendations on how to grow their businesses. EDUCATION RESOURCES - 12-month access to online entrepreneurship courses, learning modules and resources for small business owners. MONETARY GRANT - $5,000 monetary grant. CREATIVE PRODUCTION & MEDIA - Turnkey production of a 30-second TV commercial, plus a media strategy consultation and 180-day media placement schedule. (Taxes and other fees may apply for production and media services.) COMCAST BUSINESS TECHNOLOGY MAKEOVER - Computer equipment, Internet, voice and cybersecurity services for 12 months. (Taxes and other fees may apply for tech makeover services.) Past Houston area Comcast RISE recipients include Mala Sichuan Bistro, LAMIK Beauty and 132 Design. “Comcast RISE came in with support at the perfect time. We didn't just expand our office and reach; we were instantly plugged into a community of support,” said Ashley Gomez, co-founder of 132 Design. “Being part of the Comcast RISE family truly opened the floodgates to new opportunities. Now we are helping to lift other businesses here in the city we love.” Comcast RISE is part of Project UP, the company’s comprehensive initiative to advance digital equity through programs and partnerships that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. Now in its fourth year, Comcast RISE has nationally awarded 13,500 small businesses over $125 million in monetary, marketing, and technology grants. More information and the applications to apply are available at www.ComcastRISE.com About Comcast Corporation: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About Comcast Business: Comcast Business offers a broad suite of technology solutions to keep businesses of all sizes ready for what’s next. With a range of offerings including connectivity, secure networking, advanced cybersecurity, and unified communications solutions, Comcast Business is partnering with business and technology leaders across industries and integrating Masergy, a leader in software defined networking, to help drive businesses forward. Backed by a next-generation network, Comcast Business has been recognized for its growth, innovation, and leadership in global secure networking. For more information, call 800-501-6000. Follow on X @ComcastBusiness and on other social media networks at http://business.comcast.com/social. Contact Details Comcast Texas ilona Carson +1 346-624-2074 Ilona_Carson@Comcast.com Company Website https://houston.comcast.com/

April 09, 2024 07:02 AM Central Daylight Time

Analyst Wick Hints a Bitcoin Cash Comeback, KangaMoon Nears $4.5M, As Stacks Dips

Kangamoon

In a recent development, Crypto Analyst Wick sheds light on predictions for Bitcoin Cash during a compelling episode of the widely-followed Trading Alpha show. His analysis echoes sentiments expressed in previous discussions, prompting a closer examination of the current trend, particularly Bitcoin Cash's bullish stage 2 structure. Meanwhile, Stacks (STX) faces uncertainties as recent fluctuations spark concerns. On the horizon, KangaMoon (KANG) emerges as a top pick for the next bull run cycle, dazzling with a 290% surge and innovative features. As its community expands, analysts foresee a promising trajectory, solidifying KangaMoon's status as a crypto gem for 2024. KangaMoon (KANG): The Next Big Thing in April 2024? An upriser in the meme coin market, KangaMoon (KANG) has impressively risen above the majority of its peers. Among the multitude of new launches, KangaMoon stands out with its innovative features and remarkable performance during its ongoing presale phase. With over $4.2 million raised in presale funding, KangaMoon has captured the interest of investors seeking entry into its network. The surge in value of the KangaMoon token has been nothing short of remarkable. Within a few weeks of commencing its presale, the price of the KANG token has skyrocketed by an astounding 290%, climbing from an initial offering price of $0.005 to $0.0196 in the fifth stage. This rapid increase in value underscores the growing confidence in KangaMoon's vision and its potential to disrupt the meme coin space and the broader crypto market. With its unique blend of SocialFi and GameFi’s Play-to-Earn model, users can earn rewards in KANG tokens by participating in various battle contests and periodic social challenges. As KangaMoon's community continues to expand, boasting over 20K registered members, including over 6K token holders, it appears well-positioned for sustained growth. Meanwhile, analysts are optimistic about KangaMoon’s future, and predict it to surge at least 20X before the end of the year, thereby positioning it as a top crypto coin to watch in the coming months. Crypto Analyst Wick Suggests Predictions for Bitcoin Cash Price Crypto analyst Wick recently shared insights on Bitcoin Cash during a recent episode of the popular Trading Alpha show, echoing sentiments expressed in prior discussions. Now, the focus is on whether the current trend, marked by a bullish stage 2 structure, will hold. In the weekly price chart, Bitcoin Cash token reflected a little above 18% increase, trading from $557.3 to $699.9. Meanwhile, investors are eagerly watching for any shifts in market dynamics, ready to react accordingly. With significant potential movement ahead, all eyes are on Bitcoin Cash as it navigates this critical phase. With these projections, investors are closely monitoring whether Bitcoin Cash price will possibly cross the $700 price mark in the coming week. Stacks: Analysts Projection for the Road Ahead Stacks (STX) has been on quite a run lately, but there are concerns about its price movements. While Stacks price reflects over 9% gain in the past month, going from $2.25 to $3.8, recent movements tell a different story. Just in the last week, the native Stacks token took a nearly 5% hit, dropping from $3.45 to $3.27. Now, there are signs of a bearish pullback, which could put a damper on the current excitement. The trading volume for Stacks network is slowing down, indicating less action in the market. Still, there's a chance it could turn things around, especially considering its tie-in with Bitcoin as a layer 2 technology. Some analysts are hopeful that Stacks price could even hit $6 and rank as a top cryptocurrency in the second quarter. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 09, 2024 05:07 AM Central Daylight Time

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