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DealMaker nominated for Equity Crowdfunding Technology of the Year Award

DealMaker

DealMaker has been nominated for the Equity Crowdfunding Self-Hosting Technology of the Year Award; the winner will be announced during Equity Crowdfunding Week in November, hosted by StartupStarter. DealMaker has been recognized as an industry leader and top performer in the space. True to equity crowdfunding, the crowd decides - for those interested, you can still vote until September 30th here: https://awards.startupstarter.co/ “Our technology has consistently led the way in bringing equity crowdfunding into the digital age,” said CEO and Co-Founder of DealMaker, Rebecca Kacaba. “With our white-label solution, we have been the go-to choice for some of the biggest brands including Green Bay Packers and Miso Robotics, who have run their capital raises with an approach similar to a simple eCommerce experience. We are honored to be nominated for this award by StartupStarter, whose Equity Crowdfunding Week, November 9-11, is a pivotal event for advancing the expansion of the industry.” “Equity Crowdfunding is growing and evolving so quickly and we are proud to be at the forefront of this evolution,” said Mat Goldstein, CSO and Co-Founder of DealMaker. “We always wanted to be a platform that provided companies control and customization over the entirety of their raise, and this nomination is validation that it has been achieved. StartupStarter’s Equity Crowdfunding Week is vital to sparking discussion surrounding the progression of this space, and we couldn’t be more proud to receive this nomination.” Leading organizations and thought leaders in FinTech have continued to recognize DealMaker’s growth and impact in modernizing capital markets transactions. Earlier this year, DealMaker won “Best Crowdfunding Company” by FinTech BreakThrough Awards and its co-founders Mat Goldstein and Rebecca Kacaba were finalists for EY Entrepreneur Of The Year® 2022. DealMaker has also been named as a finalist for the “Fintech of the Year” at the 2nd annual US Fintech Awards. CEO Rebecca Kacaba is also nominated for Startup Starter’s Industry Leader of the Year. In only 4 years since its inception, DealMaker has powered over $1.5 Billion dollars in capital raised, with more than 250,000 investments processed globally. Issuers and organizations in the capital markets can learn more about DealMaker at https://www.dealmaker.tech/. DealMaker is on a mission to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster. It offers a suite of primary issuance, shareholder management, and capital raising solutions including investor ranking algorithms and data analytics tools to support all global private placements exemptions. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker puts forward-thinking organizations in control to run streamlined, successful capital raises in one centralized platform. The company’s offices are located in Toronto, Canada, Austin, Texas and Tampa, Florida. Visit DealMaker.tech for more information. Contact Details Natasha Jose natasha.jose@dealmaker.tech Company Website https://www.dealmaker.tech/

August 29, 2022 11:00 AM Eastern Daylight Time

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OPPO Announces Winners of the 2022 OPPO Research Institute Innovation Accelerator and USD $460,000 Prize Fund

OPPO

SHENZHEN, CHINA - Media OutReach - 29 August 2022 - OPPO today announced the ten winners of the inaugural OPPO Research Institute Innovation Accelerator. The OPPO Research Institute Innovation Accelerator has seen teams from around the world submit technology proposals aimed at tackling some of society’s biggest challenges. Following a three-month submission and judging process, the ten winning teams will share the RMB 3,000,000 (USD $460,000) prize fund and other resources provided by OPPO and its partners. An earphone that can easily optimize sleep quality; a system designed to detect earthquakes early with rapid intensity reporting; and a smartphone specially designed to provide a greater quality of listening experience for hearing impaired — these are just some of the proposals submitted to this year’s OPPO Research Institute Innovation Accelerator. Launched in May this year, the Innovation Accelerator was established to support OPPO’s belief in “Virtuous Innovation” by seeking innovative proposals addressing key challenges in accessible technology and digital health. Over the three-month period, proposals were judged by a committee from OPPO Research Institute and partners. Proposals were judged against the four criteria of Feasibility, Innovation & Originality, Social Value, and Long-term Potential, with the following ten proposals being selected as the winners of this year’s program (displayed in no particular order): Institute of Care-life/Chengdu Meihuan Technology Co., Ltd: A massive system designed to detect earthquakes early with rapid intensity reporting using IoT and AI. Peking University Third Hospital: Detecting early-stage dementia through eye movements and other small indicators. Lingxin Intelligence Co., Ltd: Combining AI and psychiatric treatment to provide effective and accessible mental health services. Anhui Easpeed Technology Co., Ltd.: A project that can produce interactive images in free space without the need for an additional medium or screen. Alango Technologies Limited: BeHear — An innovative hearing aid built from Bluetooth audio hardware and an exclusive hearing assistance algorithm. Shenzhen Aibaowi Biotechnology Co., LTD: Tangtangquan — a diabetes digital therapeutic solution that works by providing an artificial pancreas and blood sugar monitoring system based on RTOS on a smart watch. Zhejiang Nurotron Biotechnology Co.,Ltd: Hearing aid and Hearing Protect Technical solutions by supporting smart listening for people with cochlea implants. Lyratone Technologies, Inc.: Lyratone hearing aid and hearing protection for hearing assistance. Beijing Jadebird Vision Technology Co., ltd.: A machine vision solution for opticians and people with visual impairments. IDUN Technologies AG: Sleep journey optimization platform by understanding brainwaves with EEG Hearables. The ten winning proposals were selected from a total of 536 entries submitted by technology professionals, entrepreneurs, and social science researchers based in 39 countries and regions around the world. As part of the judging and selection process, demo events were held in Israel, India, and China. OPPO also made its debut appearance at VivaTech 2022 in France — Europe’s biggest startup and tech event — to promote the OPPO Innovation Accelerator and share its vision for a better and more inclusive future built on “Virtuous Innovation”. "Over the past few months, we have seen hugely innovative solutions that leverage the power of science and technology to address some of the biggest issues facing society right now,” said Levin Liu, OPPO Vice President and President of OPPO Research Institute. "As we continue to explore and push the boundaries of technology, we do so in alignment with our mission of ‘Technology for Mankind, Kindness for the World’. Through technological innovation, we want to help society develop in a positive direction and bring the benefits of Virtuous Innovation to more people. In the future, we look forward to working with more innovators to tackle key problems like these through the OPPO Research Institute Innovation Accelerator.” With today’s most pressing challenges too big for any individual organization to tackle alone, OPPO established the OPPO Research Institute Innovation Accelerator to discover and develop technology that could help benefit those most in need of it. Following the announcement of the winners of this year’s Innovation Accelerator, OPPO will help the ten teams to further develop and promote their technologies by providing financial support, marketing resources, opportunities to apply their concepts in OPPO products, and exhibition of their ideas at global events. Over the years, OPPO has built up vast experience in the areas of accessible technology and digital health, leveraging its understanding of user needs and insights to create tailored solutions for specific groups of users. For example, the OPPO Find X3 series includes a Color Vision Enhancement feature designed to improve the visual experience for those with color vision deficiencies. OPPO has also brought aging adaptation to its ColorOS operating system and smart products to enable elderly users to enjoy the benefits and convenience of technology. Further to this, OPPO has established the OPPO Health Lab to develop preventative health solutions designed to help users develop healthy lifestyle habits. In the future, OPPO will continue to develop its own technology and work with innovators worldwide to bring the benefits of technology to more people. To learn more about the OPPO Research Institute Innovation Accelerator and this year’s winning proposals, please visit oppo.com/en/proposal/ About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. Contact Details Media Contact press@oppo.com Company Website https://oppo.com/en/proposal/

August 29, 2022 10:06 AM Eastern Daylight Time

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Amesite Announces Partnership with Central Michigan University to Deliver a Complete Upskilling Solution

Amesite Inc.

Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

August 29, 2022 10:00 AM Eastern Daylight Time

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Vingroup’s tech unit launches new smart mobility features

Vingroup

HANOI, VIETNAM - Media OutReach - 29 August 2022 - VinAI – a member company in Vingroup’s tech ecosystem and VinFast’s strategic partner - is one of the world's top 20 Artificial Intelligence research-based companies whose mission is to bring state-of-the-art research into real-life impact. Notes: 1/ VinAI's DMS uses an infrared camera to recognise the driver's face and to detect dangerous driving behaviour such as drowsiness and yawning 2/ The automatic mirror adjustment feature helps the driver quickly get the most optimal mirror angle before starting the journey 3/ Traditional 360 View that has been applied on VinFast’s VF e34 4/ Jelly 360 View On AI Day 2022 organized last week, VinAI announced two brand-new products that have been successfully developed in order to make driving safer and more convenient. These are pioneering in the market and will potentially be integrated into VinFast cars in the future. Consistently on the cutting edge of technology, VinAI's Smart Mobility team is proud of its in-house built driving technology. Let's take a look at the new products. Driver Monitoring System – DMS According to a report of the United Nations in 2021, more than one million people die from car accidents every year. While approximately 60 per cent of accidents happen due to driver distractions (AAA Foundation, 2017), and another 20 per cent are caused by driver drowsiness (ROSPA, 2020). To tackle these problems, VinAI's specialised Driver and Occupants Monitoring System (DMS) ensures a safe driving experience with our in-cabin solutions by using high-performance cameras and AI to analyse driver behaviour patterns to prevent driving errors. VinAI's DMS was developed to enhance the safety of drivers. Based on face recognition technology, VinAI's solution uses an infrared (IR) camera and vehicle sensors to detect the driver's status, such as sleepiness, drowsiness, or risky behaviours such as distraction or using phones. By doing this, the system can alert the driver to pay attention to controlling the vehicle. VinAI's DMS can also detect the driver's eye movement when wearing sunglasses and a facemask. The outstanding strength of VinAI's product also lies in its flexibility. In other words, VinAI's DMS product is compatible with a wide range of platforms, allowing car makers to integrate it into their existing hardware without having to spend huge effort on conversion. VinAI's DMS product also runs on multiple SoCs, such as Nvidia, Qualcomm, Renesas, and Ambarella, among the giant global semiconductors. Auto Mirror Adjustment To make the driving experience easier and more convenient, VinAI also developed an automatic mirror adjustment (AMA) feature in their DMS product. With classic cars, the driver must adjust the mirror "manually," using controlling buttons and regularly adjusting it many times to get the correct viewing angle. VinAI solves this problem by providing a new feature, which automatically adjusts the side mirrors to the optimal position based on the driver's head position information. The system automatically calculates the optimal rotation angle of the mirrors based on the relative position of the head and sends the signal to rotate the side and rearview mirrors to their correct positions. All the driver needs to do is sit in position, press the auto mirror adjustment button and the mirror will automatically be adjusted. Check out the DMS demo video (this is foundational version, AMA is not included) https://www.youtube.com/watch?v=qY7c1e3lo7s Advanced Surround View Monitoring - ASVM Each year, in the US alone, there are 840,000 accidents caused by drivers' incapability to monitor all blind spots. VinAI has developed a solution to popularize a feature only available for luxury cars to more middle-end car segments. ASVM is a system that provides 360-degree surround views, including top view, rear view, tire view, and 3D view, to assist the driver when moving through busy streets, on narrow roads, or in the parking lot. VinAI's ASVM product has reinvented the driver's experience by offering complete awareness of the situation around the car and identifying obstacles in "blind" areas with its 360-perimeter surround view monitoring system. One of the advantages of VinAI's ASVM is the smooth and high-quality 360/3D view reconstructed by combining the images from four fisheye cameras with the best-in-class algorithm made by VinAI. The driver can interact with the view by swiping in any direction to see all around the car. In addition, this system also makes parking simpler, especially for new drivers. ASVM detects vacancies in the parking lot, directs parking in real-time, or even automatically parks the car for the driver. In addition, ASVM can estimate the width of the space on narrow roads to determine whether the vehicle can be driven through and provide the necessary support to the driver if needed. Jelly View Jelly View is a transparent 360-degree view that can see through the entire vehicle. Using the Jelly View system, the driver can see the whole scene outside the car and even underneath the vehicle and can switch between different views using the on-screen control panel. With this Jelly View mode, the driver can observe blind spots, especially underneath the vehicle, that cannot be seen through the mirror, thereby avoiding unexpected accidents on narrow roads, bad roads or in parking lots. ASVM supports the driver with a full view of the front, rear, left, right and below the vehicle to align and park in the parking lot. For example, the ASVM system is optimised to deliver best-in-class image stitching quality with high performance and low computation cost. The system is also flexible and can run on different hardware platforms so that it can be integrated into various car ranges from other segments. Check out the ASVM demo video (this is the foundational version deployed on VFe34, Jelly View is not included): https://www.youtube.com/watch?v=uJ3Yu9X2W9Y&t=2s Contact Details Media Contact v.nammh@vingroup.net Company Website https://www.vinai.io/aiday2022

August 29, 2022 09:30 AM Eastern Daylight Time

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Global Cryptocurrency Platform BitDD offers Fast, Secure Trading

BitDD

LOS ANGELES, US - Media OutReach - 29 August 2022 - BitDD.co, a US-certified crypto exchange is bringing greater confidence, trust and credibility to the industry, where over 80% of trading platforms have no certification, and amid the current volatility in the crypto world. Highest Compliance & Security Standards To give users confidence in the exchange, BitDD has obtained a Money Service Business - Money Service Provider (MSB) financial license from the United States Treasury Department, which regulates money service-related companies including digital currency, virtual currency transactions, and international payments. BitDD also provides new users’ free access and support to a digital trading expert enabling them to learn how to use the platform sensibly and take advantage of the unique features and benefits. Rebranding for Growth Established in 2017, with offices in Los Angeles, United States and Malaysia, BitDD is growing fast and has recently re-branded, launching a new user-friendly website serving over 500,000 customers and with over 2 million users globally expected by 2023. BitDD focuses primarily on stablecoins, providing advanced currency and derivatives transaction services for digital assets such as BTC, ETH, and USDT to users around the world. Stablecoins are cryptocurrencies tied to a reserve asset including fiat currency such as the US dollar or a commodity, like gold, backed by real-world reserve assets, making them less prone to wild fluctuations in price even in a rapidly shifting market. Experience and Expertise BitDD’s mission is to introduce trusted digital asset trading opportunities to a wider global audience by making crypto more accessible, reliable, and easier to use. At the same time, they are forming strong relationships with regulators and bank partners in the traditional financial world. Alex Lum, BitDD’s Director of Marketing, said, “many people are interested in cryptocurrencies, but think they are too complicated and are not sure who they can trust online to minimize risk. Our directors have over 20 years of experience in financial investment including trading systems, control, settlement and security management, combined with a deep understanding of the blockchain crypto industry.” Attractive benefits offered by BitDD include: Exclusive "Fast Trades" Fast Trade is a set of cutting-edge data analytic tools that help users make better investment choices and faster earnings. Easy to use, the Fast Trade tools sets BitDD apart from other trading platforms. 0% Transaction Fees for 90 days When they sign up, users can trade and earn for the first 90 days without paying trading fees. This encourages new users to trade more confidently. Free Tether (USDT) Cryptocurrency The more a new trader deposits on the platform, the more they earn in free USDT, up to a value of 500 USDT. Quick Start VIP Account Manager New users can contact a VIP account manager to learn how to take advantage of BitDD’s unique features and rewards earning potential. For more information, visit https://bitdd.co/ Contact Details Bluemango Asia Ian Gerry ian@blueorangeasia.com

August 29, 2022 09:00 AM Eastern Daylight Time

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DealMaker announced as a finalist for US Fintech of the Year

DealMaker

DealMaker, the leading capital raising technology platform, is proud to announce they have been named as a finalist for the “Fintech of the Year” at the 2nd annual US Fintech Awards brought to you by Fintech Intel - the publishing and market intelligence platform for global fintech and financial services innovation. DealMaker has been recognized as a top performer among hundreds of leading fintech organizations and awarded this recognition by an independent panel of high-level FinTech professionals. FinTech Intel is a forward-thinking provider of market information, news, and reports for the expansive and fast-growing global fintech industry. As a UK-based company, they developed the US Fintech Awards to celebrate and shine a light on the incredible US Fintech community while honoring the achievements and successes of the country’s best and brightest. “I’m proud of the work our team has done to be consistently recognized as a leader in this field,” said Rebecca Kacaba, CEO and Co-Founder of DealMaker. “Our technology and our team has transformed the process of raising capital for so many issuers - it’s wonderful to be setting the pace of change in a category that is growing and evolving so quickly.” “We are delighted that the biggest brands and largest online capital raises are powered by DealMaker. This proves that companies can turn their customers and stakeholders into a source of capital, by using the same online approach merchants use for e-commerce,” said Mat Goldstein, CSO and Co-Founder of DealMaker. “To consistently be recognized as an industry leader is an honor and a testament to the hard-work and dedication of the entire team at DealMaker. We see such a bright future for this space!” Leading organizations and thought leaders in fintech have continued to recognize DealMaker’s growth and impact in modernizing capital markets transactions. Earlier this year, DealMaker won “Best Crowdfunding Company” by FinTech BreakThrough Awards, and its co-founders Mat Goldstein and Rebecca Kacaba were finalists for EY Entrepreneur Of The Year® 2022. DealMaker is currently nominated for to StartupStarter ’s Equity Crowdfunding Self-Hosting Technology of the Year and CEO Rebecca Kacaba is nominated for Industry Leader of the Year. True to equity crowdfunding, the crowd decides - vote here: https://awards.startupstarter.co/ In only 4 years since its inception, DealMaker has powered over $1.5 Billion dollars in capital raised, with more than 250,000 investments processed globally. Issuers and organizations in the capital markets can learn more about DealMaker at https://www.dealmaker.tech/. DealMaker is on a mission to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster. It offers a suite of primary issuance, shareholder management, and capital raising solutions including investor ranking algorithms and data analytics tools to support all global private placements exemptions. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker puts forward-thinking organizations in control to run streamlined, successful capital raises in one centralized platform. The company’s offices are located in Toronto, Canada, Austin, Texas and Tampa, Florida. Visit DealMaker.tech for more information. Contact Details Natasha Jose natasha.jose@dealmaker.tech Company Website https://www.dealmaker.tech/

August 29, 2022 08:00 AM Eastern Daylight Time

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News Release

USPTO Grants edatanetworks Inc. Patent for Open-Loop Cashless Payment System Benefitting Community

edatanetworks Inc.

edatanetworks Inc. announced today the approval of Patent 14/408,199 from the United States Patent and Trademark Office (USPTO). Patent 14/408,199 discloses an open loop cashless payment system that incentivizes consumers to transact in physical stores with merchants who make auditable donations to community and charitable organizations selected by the consumer. “This open-loop cashless payment system patent complements our extensive intellectual property portfolio that includes automated enrollment, online-to-offline advertising, rich tokenized data, and directing merchant donations to local community and charitable organizations. The intellectual property portfolio transforms the way local small and medium businesses work together with community and charitable organizations through digital commerce for good. It ensures the merchants receive a measurable return on marketing spend with actionable insights on their micro-donations back to the communities where they live and prosper – at no cost to the consumers.” said Terry Tietzen, Founder and Chief Executive Officer of edatanetworks. About edatanetworks edatanetworks Inc. (edata), edatanetworks.com, a privately held intellectual property company established in 2001, has worked with many organizations and conducted multiple live market deployments creating patented philanthropic innovations utilizing existing technological and financial infrastructures—connecting consumers, local merchants, charitable and community organizations, digital media groups, communications companies, search providers, social networks, banks, payment networks, trusted intermediaries and other financial services organizations. Contact Details Catherine Keill +1 780-690-5283 Company Website https://www.edatanetworks.com

August 29, 2022 07:00 AM Eastern Daylight Time

Privado raises $14 million in Series A Funding to Embed Privacy in Software Development

Privado

Data privacy start-up Privado announced today that it has raised $14M Series A round co-led by global software investor Insight Partners and Sequoia Capital India, with participation from existing investors Together Fund & Emergent Ventures. This comes on the heels of Privado’s seed raise of $3.5M in January 2022. The funding will be used to enhance Privado’s technology stack, build out the team and grow its open-source community. Founded in 2020, Privado was created to address the privacy issues facing businesses around the world. Privado is an open-source code scanning solution purpose-built for privacy that identifies data usage, discovers data flows & flags privacy issues like excessive user permissions or data leakages to logs. The company connects with source code management tools like GitHub and provides instant visibility into data flows to privacy teams which otherwise would have taken months of back & forth with developers. Privacy teams can also enforce their public-facing privacy policies in code, helping them avoid fines. Privado currently manages over 600,000 code commits for companies like Thrasio and Zego & many more. After the enactment of GDPR, businesses rushed to map existing data footprint with survey and data discovery tools. They soon realized that new software development continued to increase the scope of data collection & usage leading to continued firefighting. “Current tools fall short because they sit outside the development lifecycle where decisions on data collection, and sharing are made,” commented Vaibhav Antil, co-founder and CEO at Privado. “With our privacy code scans, engineers and privacy teams get instant visibility into personal data usage by their products and applications, can monitor personal data flows, and find privacy risks that exist in the code from leakage to logs. The new funding will allow us to further our mission of embedding privacy into software development, and we’re excited to partner with Insight Partners and Sequoia Capital India on this journey” added Vaibhav Antil. “Privado has created an intuitive platform that allows data and engineering teams to ensure all development changes are privacy compliant in real time. With its experienced team of founders and innovative architecture, Privado has already made a name for itself in the DevSecOps space,” said Nikhil Sachdev, Managing Director at Insight Partners. “We look forward to partnering with the team at Privado as they continue to grow and scale up.” “Privacy and data are two sides of the same coin. Data has been one of the biggest trends in the last few years and it’s only a matter of time before privacy catches up. Privado is well-positioned to capture this opportunity. It is a part of the Shift Left movement whereby it is empowering developers to incorporate privacy at the time of developing products and thus preventing costly compliance breaches in the applications they develop. We’re impressed by the customer feedback and are thrilled to be a part of their mission.” Abhishek Mohan, Principal, Sequoia India. In addition to the code scanning solution, Privado has launched a free tool for Android developers to generate Play Store Data Safety reports. This popular initiative has attracted a wide range of developers from companies like Automattic and Blinkist who have generated over 2000 reports to understand the data collection and sharing practices of mobile apps. Privado is extending this tool to a full-fledged open source privacy code scanning project. Prior to starting Privado, co-founders Jasdeep Cheema, Prashant Mahajan, and Vaibhav Antil worked in tech companies in product & engineering teams where they saw the challenges of GDPR compliance firsthand. The idea of a privacy code scanner came when they spent months interviewing product & engineering teams of an e-commerce company but still struggled to figure out data usage & how it is changing with new software releases. About Privado Privado is an open-source static scanning tool that provides privacy & security teams visibility into data flows from applications & helps developers fix privacy vulnerabilities in their product like personal data leakages to logs. Founded in 2020, Privado has enabled Zego, Thrasio & many more enterprises to embed privacy checks in their Software Development Life Cycle. For more information please visit https://www.privado.ai/ About Insight Partners Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of February 24, 2022, the closing of the firm's recent fundraise, Fund XII, brings Insight Partners' regulatory assets under management to over $90B. Insight Partners has invested in more than 700 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Insight Partners meets great software leaders where they are in their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com About Sequoia Capital India & Sequoia Capital Southeast Asia Sequoia helps daring founders build legendary companies, from idea to IPO to beyond. Sequoia Capital India and Sequoia Capital Southeast Asia actively partner with founders from a wide range of companies, across categories, including BYJUs, CRED, Druva, Five Star Finance, Freshworks, GoTo, Groww, Kopi Kenangan, Mamaearth, Pine Labs, Polygon, Razorpay, Truecaller, Zomato and more. We spur founders to push the boundaries of what's possible. In partnering with Sequoia, startups benefit from over 50 years of tribal knowledge and lessons learned working with companies like Airbnb, Alibaba, Apple, Dropbox, Google, LinkedIn and Stripe early on. From the beginning universities, endowments, and other non-profits have been the backbone of our investor base which means founders' accomplishments make a meaningful difference. For more information on Sequoia's work in India and Southeast Asia visit sequoiacap.com/India and sequoiacap.com/sea. Contact Details Privado Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.privado.ai/

August 26, 2022 10:41 AM Eastern Daylight Time

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Scalenut powers organic content for businesses via AI platform as it raises $3.1M funding round

Scalenut

Businesses know that content is king when charming customers but as channels and types of content have exponentially grown, it will be important to know which content is winning customers. AI-powered SEO and content marketing platform Scalenut is prevailing through its AI-generated organic content for SMBs and mid-market businesses with 100,000 users signed up in just a few months since going live this year. As it scales the platform and expands into new geographies, Scalenut is today announcing a $3.1M seed plus funding round led by Saama Capital & Amit Singhal (Former Senior VP of Google and Head of Google Search). The company had previously raised $400,000 in seed funding led by Titan Capital, First Principles VC, AngelList, Abhishek Goyal, and other leading angel investors. In early 2022, they launched their SaaS platform for public use, and in the past six months, they have seen 10X revenue growth. Scalenut, focusing primarily on the US and the UK markets, helps businesses and brands plan, research and create content in 1/5th the time it normally takes. In addition, it reduces costs by 90% and significantly scales up content production. Scalenut’s Co-founder Mayank Jain said, “The pandemic spurred rapid digitization across businesses, with a greater emphasis being placed on digital marketing. However, after spending a huge amount of money on paid advertising for growth, they realized that it is not sustainable in the long run and therefore, there has been an increased focus on organic marketing to grow sustainably.” He added “In order to increase organic growth, SEO and content marketing teams juggle multiple tools for sound SEO research, content creation, optimization, and performance measurement. Not only is it inefficient, but it also leads to siloed team efforts based on broken insights and incomplete strategy. This is why most businesses struggle to scale content marketing successfully.” Scalenut’s AI platform brings everything needed by them to one place so they can strategize and scale easily and at a pace that helps them achieve business goals. “With Scalenut, we aim to empower the SEO and content teams to put the paddle on their organic marketing efforts from a single platform and help businesses grow sustainably,” said Mayank Jain. As per a Databox study, almost 20% of marketers get more than 60% of their traffic from search engines i.e. organic traffic, and 71% of the marketers said that creating new content is their most important tactic for growing their organic traffic. Commenting on the successful closing of the funding round, Mayank Jain commented, “This funding is to continue building the platform, hiring talent, and expanding to new geographies. We have set our sights on solving a massive problem that marketers across the world face today. The opportunity in the market and our progress so far excites us to work harder and make a dent in this domain”. “Businesses associated with us have witnessed 3x growth in their organic traffic in just 3-4 months. Not only have we seen 10x growth in revenue in the last six months, but we are also trending at a seven-digit revenue run rate right now. We are in a hyper-growth stage and are on track to meet our major revenue milestones.” Talking about investing in Scalenut, Ash Lilani, managing partner at Saama Capital said, “With content consumption increasing worldwide, content is a key driver for business growth. One common problem that businesses face to power up their organic marketing is scaling content meaningfully. There is no easy way to scale content and Scalenut is solving precisely that with its robust AI platform. This is a big value add. Since launching its SaaS platform in Jan 2022, Scalenut has seen good traction with over 100,000 registered users. We were quite impressed seeing the product team has built and the market response they have got.” Amit Singhal, Former Senior VP of Google and Head of Google Search, said “There is no one better than Scalenut to help businesses scale organic traffic. With deep domain expertise and passion to help businesses grow sustainably, I am super excited to be part of the team. Their recent growth has validated our belief and I am super excited for what’s in the store.” About Scalenut Scalenut was founded by Mayank Jain, Gaurav Goyal, and Saurabh Wadhawan. In early 2022, they launched their AI-powered SEO and content marketing platform for public use. The SaaS platform helps SMBs and mid-market businesses to scale content and grow sustainably through organic marketing. Other than thousands of SMBs across the world, Scalenut also counts leading enterprises like Snapdeal, PharmEasy, Foyr, Hubilo, and Mosaic Wellness as its clients. Learn more about Scalenut here: www.scalenut.com Contact Details Scalenut Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.scalenut.com/

August 26, 2022 10:24 AM Eastern Daylight Time

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