MEL Science secures $14m in Series B funding to expand award-winning at-home science education offering

MEL Science secures $14m in Series B funding to expand award-winning at-home science education offering

MEL Science has proved an invaluable educational resource for tens of thousands of subscribers struggling with schooling disruption caused by COVID-19

MEL Science, a London-based science educational platform, today announces that it has secured $14 million in Series B funding to support demand for its subscription-based offering. International investors include Mubadala Investment Company, Channel 4 Ventures and other entities from Europe and China.

As a leading EdTech innovator, MEL Science aims to bring science to life through educational kits, combining hands-on experiments with interactive VR simulations and live lessons – created to help students learn in intuitive, engaging ways. Its award-winning products are designed for children aged 5 – 14 and are intended to be used either as an at-home teaching aid or by schools.

This latest round of funding will enable MEL Science to develop its product offering and expand into new territories. In addition, it will support the

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JFrog: A Small Company Offering Lots Of Technology (NASDAQ:FROG)

What is JFrog and why should readers care?

JFrog (FROG) is one of this year’s crop of hyper-growth IPOs. Its share price performance hasn’t been that of the shooting stars of the like of nCino (NCNO) or Snowflake (SNOW) nor is one of the busted IPOs that have most recently gone public. It recently reported its first quarter as a public company, which was a beat and raise; the shares fell around 10% and have remained around that level. Presumably, investors were looking for more – although given the uncertainties of the environment during the quarter and what the JFrog solution actually does, I thought the results were quite reasonable and suggested strong potential for the business.

On Monday, November 23rd, the company announced that 25% of the locked-up shares had been released because the share price and other conditions had been satisfied. The reaction was noticeable, although muted with

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Amazon’s cloud unit taps own chips for new supercomputing offering

Dec 1 (Reuters) – Amazon.com Inc’s cloud unit on Tuesday offered a new supercomputing service based on its self-designed processors, a further sign of how chips based on Arm Ltd’s technology are encroaching on Intel Corp and Advanced Micro Devices Inc turf.

Amazon Web Services, or AWS, sells its computing services based on the customer’s choice of an underlying central processor chip. Software developers have traditionally chosen between Intel or AMD products, but since 2018 Amazon has also offered its own “Graviton” chips designed with technology from Arm, which is in the midst of a $40 billion takeover by Nvidia Corp.

Arm-based chips have long powered mobile phones because they can operate on very low power levels, but they are increasingly used in data centers where their power efficiency helps control costs. The world’s fastest computing system, the Fugaku supercomputer in Japan, is based on Arm chips.

Supercomputing helps with

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Affordit Technology to be Integrated into United Solutions Company Industry-Leading Product Offering

“Our partnership with USC opens the door to financial institutions across the country and extends our reach even deeper into the credit union industry,” Affordit CEO and Founder Kevin O’Brien said. “Just as importantly, we’re proud to have a credit union technology leader like USC validate the value our product delivers as a business development tool for financial institutions and as an educational resource for credit union members.”

Founded in 1983, USC serves as the technology center for 95 credit unions across the U.S., while also providing innovation leadership and other services to many other financial institutions. With credit union services ranging from core data processing and email hosting to network services and business analytics, United Solutions offers end-to-end technology packages. As part of this new multi-year agreement, Affordit’s patent-pending technology will be integrated into USC’s offering. USC’s national sales team will identify opportunities to introduce Affordit’s technology to their

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Why Can’t Shanghai Run A Public Offering?

In November 2007, the Shanghai stock exchange carried out an Initial Public Offering (IPO) for PetroChina
PTR
, China’s leading energy company. The share price soared 163% on the first day. PetroChina became (briefly) the world’s most valuable company. The Wall Street Journal called it a “stunning debut.” Western media noted that by some measures, PetroChina surpassed a $1 Trillion-dollar market capitalization — over a decade before Apple
AAPL
did it. (Note: The question of the company’s true market cap was complicated by very different valuations of PetroChina shares trading on the Shanghai, Hong Kong and New York exchanges. But in any case, it was a huge deal.) 

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Audi Offering 22-kW Charging On 2021 E-Trons

As the world shifts over to electric vehicles, the features that will be updated and introduced with new model years won’t be the same that car shoppers are traditionally used to. Goodbye minor improvement in miles-per-gallon, hello improved kilowatt charging.

That’s the announcement from Audi this week regarding the new line-up of its E-tron models, at least in Europe. While the current models can charge at 11 kW when connected to a DC fast charger, the 2021 model year E-tron 55 and E-tron Sportback 55 can now be ordered with a second on-board charger that doubles the power to up to 22 kW at “appropriate charging terminals,” Audi said. Other E-tron models, the E-tron 50 and the E-tron S specifically, will get this option in the middle of 2021. The new 22-kW on-board charging system can be used at home or at public

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Engineered immune cells elicit broad response to HIV in mice, offering hope for vaccine — ScienceDaily

Unlike so many other deadly viruses, HIV still lacks a vaccine. The virus — which continues to infect millions around the world — has proven especially tricky to prevent with conventional antibodies, in part because it evolves so rapidly in the body. Any solution would require coaxing the body into producing a special type of antibody that can act broadly to defeat multiple strains of the virus at once.

This week, scientists at Scripps Research moved closer to attaining that holy grail of HIV research with a new vaccine approach that would rely on genetically engineered immune cells from the patient’s body.

In experiments involving mice, the approach successfully induced broadly neutralizing antibodies — also called bnabs — that can prevent HIV infection, says principal investigator James Voss, PhD, of Scripps Research. The study appears in Nature Communications.

Voss and his team showed in 2019 that it was possible

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Rackspace Technology Global Announces Pricing of $550 Million Notes Offering

SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Rackspace Technology Global, Inc. (the “Company”) today announced that it has priced its offering of $550.0 million aggregate principal amount of 5.375% Senior Notes due 2028 (the “Notes”) at an issue price of 100.000%. The closing of the offering is expected to occur on December 1, 2020, and is subject to customary closing conditions.

The Company intends to use the net proceeds from the offering, together with cash on hand, to fund the refinancing of all of the Company’s outstanding 8.625% Senior Notes due 2024 and to pay related fees and expenses.

The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act. The Notes

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Dutchie Seeks To Become The ‘Shopify For Cannabis’ With New e-Commerce Offering

Dutchie, an e-commerce tech company for cannabis industry, is launching a new enterprise-level solution that seeks to provide dispensaries with the ability to create completely customized e-commerce experiences for their customers — this is according to information procured exclusively ahead of an official announcement.

Dubbed Dutchie Plus, the platform aims to establish itself as “the Shopify Plus for cannabis,” the company says.

In an exclusive interview, co-founder and chief product officer Zach Lipson explained the product responds to the cannabis industry’s rapid growth.

“Innovative and progressive multi-state operators and larger dispensaries are looking to take their online experience to the next level. Particularly, in a direction that’s fully on-brand and designed to match the uniqueness of their stores,” he declared.

See also: Carlos Santana Talks Cannabis: ‘It’s All About Consciousness, Man’

This is where Dutchie Plus comes in, providing retailers with a set of APIs to customize

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Rackspace Technology Global Announces Proposed $550 Million Notes Offering

SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Rackspace Technology Global, Inc. (the “Company”) today announced that is proposing to issue $550.00 million aggregate principal amount of senior notes due 2028 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The offering is subject to market conditions and other factors.

The Company intends to use the net proceeds from the offering, together with cash on hand, to fund the refinancing of all of the Company’s outstanding 8.625% Senior Notes due 2024 and to pay related fees and expenses.

The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act. The Notes will not be registered

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