Health technology firm started by Dallas native lands $175 million investment to expand

Austin-based health technology company Everlywell has raised $175 million to expand its digital health offerings and its workforce.

Everlywell was founded by Dallas native Julia Cheek in 2015, and the company moved to Austin in 2016.

Everlywell focuses on home health care diagnostics, including at-home tests for food sensitivity, allergies, thyroid issues, hormones and vitamins. The company also has received authorization for an at-home test kit for COVID-19.

New investors in the financing round include funds and accounts managed by BlackRock, the Chernin Group, Foresite Capital, Greenspring Associates, Lux Capital, Morningside Ventures and Portfolia, as well as existing investors Goodwater Capital, Highland Capital Partners and Next Coast Ventures.

This investment brings the total capital raised by the company to more than $250 million.

“The pandemic has shed light on the challenges of lab testing for Americans, from unknown costs to confusion and inconvenience,” Cheek said. “We’ve been empowering people with

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SoftBank leads $113.5 mln investment in U.S. logistics tech firm Flock Freight

OAKLAND, Dec 1 (Reuters) – Logistics technology firm Flock Freight on Tuesday said it raised $113.5 million in a funding round led by SoftBank Vision Fund 2, making it the fund’s third transportation and logistics technology investment since its launch last year.

Flock Freight’s technology uses an algorithm to help freight carriers fill up trucks with goods from different companies, ordered for direct delivery.

In that way, carriers can avoid logistic hubs where often goods are sorted and reloaded for delivery – a process prone to delays and damage, said Oren Zaslansky, chief executive officer and founder of Flock Freight.

Zaslansky said the new funds raised would be used to hire experts in operations research and applied mathematics. He said Flock Freight is able to charge at least 10% more than traditional carriers as its service cuts delays and damage.

The company, which has raised $184 million raised to date,

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Smart City Enabler Quantela Makes Strategic Investment In Graymatics

The deal will improve Quantela’s suite of AI-powered smart city and crisis management offerings

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Smart city enabler Quantela on Tuesday announced that it has made a strategic investment in Silicon Valley-founded cognitive multimedia analytics company Graymatics.

The all-equity deal would give Quantela a minority shareholding in Graymatics with significant strategic and go-to-market (GTM) alignment, and help build comprehensive capabilities in video analytics into its AI-driven smart solutions for its target markets spanning smart cities, buildings, education campuses, public spaces and commercial establishments.

As for Singapore-based Graymatics, the deal will open doors for it to be a part of global smart city projects through Quantela. The company provides video analytics solutions to different smart cities especially in the east zone of India, and various smart spaces (including buildings, highways, ports, airports,

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Report assesses promises and pitfalls of private investment in conservation — ScienceDaily

The Ecological Society of America (ESA) today released a report entitled “Innovative Finance for Conservation: Roles for Ecologists and Practitioners” that offers guidelines for developing standardized, ethical and effective conservation finance projects.

Public and philanthropic sources currently supply most of the funds for protecting and conserving species and ecosystems. However, the private sector is now driving demand for market-based mechanisms that support conservation projects with positive environmental, social and financial returns. Examples of projects that can support this triple bottom line include green infrastructure for stormwater management, clean transport projects and sustainable production of food and fiber products.

“The reality is that public and philanthropic funds are insufficient to meet the challenge to conserve the world’s biodiversity,” said Garvin Professor and Senior Director of Conservation Science at Cornell University Amanda Rodewald, the report’s lead author. “Private investments represent a new path forward both because of their enormous growth potential and

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Queen City Angels Closes Investment in Emerging RegTech Company, Joot

CINCINNATI, Dec. 1, 2020 /PRNewswire-PRWeb/ — Queen City Angels (QCA) today announced an investment in Joot, a regulation technology (RegTech) company with headquarters in Cincinnati, Ohio. The two-year old business is focused on changing the way compliance is done by applying automation and technology to dramatically improve the regulatory management process for financial advisory firms. While the amount of the investment was not disclosed, Joot plans to use the QCA investment to fund product development and accelerate sales and marketing for its software-as-a-service platform.

Joot was co-founded by CEO Bo Howell, a securities lawyer and former chief compliance officer, who previously worked at the U.S. Securities and Exchange Commission; and Alec Cheung, a B2B marketing veteran with fintech and financial services experience.

“Many of the common activities that compliance officers have to perform are still done via email, tracked via spreadsheets, and recorded in network folders

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PYA Announces the Ballard Innovation Award Competition, Seeking Emerging Entrepreneurs to Compete for $50,000 Investment

KNOXVILLE, Tenn., Nov. 30, 2020 /PRNewswire/ — PYA, one of the largest certified public accounting and professional services firms in East Tennessee, is pleased to announce the Annual Ballard Innovation Award Competition in honor of Chief Alliance Officer Tom Ballard.  

The Ballard Innovation Award Competition is open to any early-stage company in the East Tennessee area that has established a “proof of concept” with accompanying revenue. Applicants must be able to present a business plan to optimize existing business operations by reducing costs, increasing revenues, and/or gaining new efficiencies, while demonstrating clear innovations to improve the business and empower the consumer.

The award is named in honor of Tom Ballard, PYA’s Chief Alliance Officer and well-respected member of the East Tennessee entrepreneurial community. Ballard spent more than four decades building relationships for the University of Tennessee and Oak Ridge National Laboratory throughout the region, state, and

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Global Cardiac Ablation Technologies Market 2020 Industry Research, Business Growth, Future Investment and Emerging Trend to 2026

The MarketWatch News Department was not involved in the creation of this content.

Nov 29, 2020 (CDN Newswire via Comtex) —
The latest report entitled Global Cardiac Ablation Technologies Market 2020 by Company, Regions, Type and Application, Forecast to 2026 firstly focuses on some important aspects of the market such as revenue rate, market share, key regions, and production as well as key players. The report attempts to provide significant and detailed insights into the current market scenario and the emerging growth prospects. The report analyzes the market impact and new opportunities available in the market. The research helps the user understand the market in terms of its definition, segmentation, market potential, influential trends, and challenges. The global Cardiac Ablation Technologies market has been segmented based on different types, applications, and regions. Important market analysis aspects covered in this report are market trends, revenue growth patterns market shares, and demand

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A virtual company-wide hackathon is worth the investment

At our annual company retreat, we usually run a hackathon for our dev team. But this year (at our virtual retreat), we decided to expand the hackathon framework to the entire company. We took the basic premise of the hackathon — deep work on a single project — and used it to accelerate our progress toward company priorities. The entire company was split into teams that dedicated their full brain power to projects that feed our company-wide goals. The results were powerful.

The hackathon model outside of development

To do a hackathon outside of a software development team takes a little planning, but the basic premise is the same. People get together and do concentrated work on a single topic or project to make more progress than they would when distracted by their everyday workload.

To make this work, we broke the company into departmental and interdepartmental teams. Each of

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Abu Dhabi’s Mubadala seeks Israeli partners on technology investment

By Saeed Azhar and Davide Barbuscia

DUBAI, Nov 25 (Reuters)Abu Dhabi state investor Mubadala plans to identify potential fund partners in Israel and find high-growth technology firms in which to co-invest, as the United Arab Emirates and Israel seek to boost commercial ties after normalising relations.

“There will be interesting opportunities with joint funds or joint ventures, but we are still early on in evaluating this,” Ibrahim Ajami, the head of Mubadala’s Ventures unit, told a financial technology conference in Abu Dhabi on Wednesday.

He said Mubadala – which manages over $230 billion in assets – has co-invested with Israeli investors in the United States and Europe, but closer ties between the UAE and Israel open up a significant opportunity for investments.

“We are always excited about Silicon Valley. But we are also looking at Europe, we’re looking at the Middle East, we’re looking at India and

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Global Storage Tank Insulation Technology Market 2020 Scope of Current and Future Industry, SWOT Analysis and Investment Feasibility 2025

The MarketWatch News Department was not involved in the creation of this content.

Nov 24, 2020 (CDN Newswire via Comtex) —
Global Storage Tank Insulation Technology Market 2020 by Company, Regions, Type and Application, Forecast to 2025 offers a clear view of the current proceeding within the market. The report analyzes the key factors impacting the growth of the global Storage Tank Insulation Technology market. The report thoroughly studies and evaluates various aspects, such as production chain, manufacturing capacity, and industry policies affecting the global market. The report analyzes the competitive landscape of this market and examined geographical distribution. It also focuses on current trends, growth opportunities, and restraining factors. This report has also been taken into consideration while estimating the market’s future scenario for 2020 to 2025 time period.

Further, the report measures strategies that can drive the growth of the market are highlighted along with the expected growth

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