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Seeing Machines upbeat on growth trajectory and funding position

Seeing Machines Ltd

Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) CEO Paul McGlone speaks to Thomas Warner from Proactive after the advanced computer vision technology company released a trading update for the year to 30 June 2023. The update revealed a robust top-line performance, with revenues exceeding expectations at $57.8 million, marking a nearly 50% increase from the previous year. McGlone highlights momentum in sales, emphasising the importance of annual recurring revenue from their fleet and aftermarket business, driven by connected vehicle support which reached $13.6 million—a 27% YoY rise. He also makes note of what he considers the company's strong balance sheet, with a cash position of $36.8 million and engagement in regulatory advancements worldwide, including in key market the US. McGlone expresses confidence in Seeing Machines' ability to sustain its current level of growth, particularly in the aftermarket sector and automotive business which is buoyed by increasing deployment of their technology in production vehicles. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

August 23, 2023 05:06 AM Eastern Daylight Time

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Presale for Borroe ($ROE) Exceeds Expectations with Stellar Performance Raising $500,000 so far

Blockchain Digest

The second half of 2023 started on a bullish tone, with confident cryptocurrency investors ready to venture into the latter half of the year. But, the market took a bearish turn as July ended, causing a drop in the value of most cryptocurrencies as they transitioned into August. Despite this trend, Borroe ($ROE) emerged vigorously towards the end of July. During this period, Borroe ($ROE) successfully sold 25 million tokens, generating $250,000 in funds, and recorded an impressive 25% surge in value within only five days. Since then Borroe has raised over $500,000. These statistics already prove that Borroe ($ROE) is among the best crypto to buy currently. >>BUY $ROE TOKENS NOW<< How Does Borroe ($ROE) Operate? Borroe ($ROE) came as an answer to the fundraising issues affecting web3 enterprises. Traditional financial institutions are still struggling with the understanding of the web3 space, making procuring funds from them an overwhelming task. Catering to the needs of modest-scale web3 businesses, Borroe ($ROE) offers a perfect solution that enables users to quickly generate funds by trading their pending and future earnings. Through Borroe ($ROE), users can transform their upcoming subscriptions, royalties, digital payments, and invoices into NFTs (non-fungible tokens). These invoice NFTs can then be sold to communities that offer their backing at discounted rates. Enthusiastic buyers who are familiar with and have affinity and confidence in a brand can buy these NFTs, thereby offering immediate financial support to the business or creative endeavor. Purchasers can trade these NFTs on secondary markets using a robust peer-to-peer (P2P) mechanism. Borroe ($ROE) integrates AI-powered risk evaluation, blockchain innovation, and smooth payment methods into its infrastructure, ensuring a trustworthy, protected, and simple fundraising process. Also, buyers can use AI credit ratings and evaluate business financial histories to refine their search for the best-discounted NFTs. Being a web3 enterprise, Borroe ($ROE) offers scalability, minimal fees, and a straightforward fee model. Selling discounted NFTs for up to a year's income is possible, depending on a business’ AI credit rating. Hence, buyers benefit from low-risk investments since Borroe ($ROE) scrutinizes income sources before loan approval. On that note, for anyone wondering which crypto to buy, Borroe ($ROE) is a great long-term investment due to its utility in the Web3 space. Borroe ($ROE) Raised $250,000 within Five Days In the final week of July 2023, Borroe ($ROE) attracted many investors after achieving a remarkable milestone. The platform put up 25 million Borroe ($ROE) tokens for sale in its presale beta phase, with each token priced at $0.0100. These $ROE tokens sold out within just five days. Despite the bearish cryptocurrency market conditions, Borroe ($ROE) successfully generated $250,000, sending the token into its initial presale stage. In Stage 1 of its presale, Borroe ($ROE) listed 70 million tokens, with over 45 million tokens already sold. The current price for Borroe ($ROE) is $0.0125 and is expected to increase to $0.0150 as the token moves into Stage 2 of its presale. As per analysts' projections, Borroe ($ROE) is expected to complete all its presale stages in 2023, given its current sales speed. Investors can buy Borroe ($ROE) using USDT, USDC, ETH, BNB, credit cards, and several other user-friendly methods. Once it hits the mainstream cryptocurrency market, Borroe ($ROE) is scheduled to achieve a value of $0.0400 and will be listed on major cryptocurrency exchanges. This projected price movement is expected to trigger a massive surge, resulting in significant appreciation in the value of tokens for early Borroe ($ROE) investors. As expected, analysts and experts agree that Borroe ($ROE) is the best crypto investment opportunity in 2023. Learn more about Borroe ($ROE) here: Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter. Contact Details Borroe PR Team press@borroe.finance

August 22, 2023 06:19 PM Eastern Daylight Time

News Release

Monero (XMR) and InQubeta (QUBE) See an Increase in Demand. Crypto Ruble gets first test

Blockchain Digest

Central bank digital currencies (CBDCs) are rising, and Russia's Central Bank has joined the trend. The institution began its pursuit to integrate its CBDC into the payment system to improve financial transactions. In recent developments, Russia's Central Bank has started real-world preliminary tests on banks. This collaboration is a good sign for the crypto industry's entry into real-world commerce. In addition, InQubeta (QUBE) and Monero (XMR) are two assets whose unique offerings hold strong to fuel the market's growth. InQubeta is an AI-based cryptocurrency that introduces a mix of blockchain technology and artificial intelligence to raise capital for AI startups. The project's presale has garnered substantial attention from investors looking for the best DeFi crypto to invest in. Monero is a project that leverages blockchain technology to enhance privacy and anonymity for user transactions. This article discusses why InQubeta's presale and Monero hold firm in light of Russia's crypto ruble tests. Visit InQubeta Presale InQubeta's (QUBE) Unique Tokenomics Is Revolutionizing AI Investment Cryptocurrency adoption has become more mainstream, with investors flocking into the space. InQubeta is one of the best coins to invest in because it's not just gaining momentum; it's also climbing the ranks as the most reliable AI investment platform. The QUBE presale holds strong as it witnesses widespread adoption by savvy investors who have seen its potential. The presale is currently in stage 3, with the QUBE DeFi token price at $0.0112. The ongoing presale has seen more than 280 million tokens sold. With over $2.2 million raised in funding, this DeFi token has cemented itself in the good books of crypto enthusiasts. Institutional investors and organizations looking for promising long-term projects can look to InQubeta's innovative features to consistently deliver. InQubeta enables fractional investment in AI startups to remedy the limitations of traditional investment systems. The fractional investment mechanism allows prospects to contribute to promising projects in a budget-friendly manner. The investments made are minted into NFTs and sold on QUBE's popular NFT marketplace. The marketplace is where startups raise funds and offer rewards to investors. Traders who want to partake in the advancement of these innovative enterprises can select from a variety of unique NFTs on the market. In return for supporting their projects, AI startups can offer these investors rewards. InQubeta's popular NFT marketplace fosters a mutually beneficial relationship for startups and prospects. QUBE's deflationary nature maintains its value with a 2% tax on all purchases going to a burn wallet. This system benefits investors' portfolios as it retains its value over a long period. Staking QUBE tokens is also an excellent way for investors to receive incentives, with a 5% sales tax added to the platform's reward pool. InQubeta is one of the best coins to invest in owing to its futuristic approach toward AI advancement globally. Visit InQubeta Presale Monero (XMR) Is Leading The Growth Of User Anonymity And Privacy Monero is a privacy-focused cryptocurrency designed to improve user independence and anonymity. Monero runs with the vision of providing equal opportunities for investors. With its native token, XMR, holders can mine the token without needing special hardware. XMR runs on an opaque blockchain that disguises the transaction details and the addresses members use. Trading in the project is also affordable, as its users don't need to pay transaction fees. Monero holds strong against other tokens in the space due to its strict focus on security, and institutional investors who want to shield their information can opt for XRM. Conclusion Russia's Central Bank's strategic move to infuse digital currencies proves the growth and viability of the crypto space in the global industry. By leveraging digital assets, the institution hopes to ensure that clients' transaction paths are smooth and convenient. InQubeta and Monero are assets whose real-world applicability turns the tides in their favor. InQubeta is the best DeFi crypto to leverage for investors who want a stake in the advancement of AI. The project's ongoing presale and the proposed roadmap's success speak volumes about its growth potential. The QUBE presale is still in its early stages, and investors shouldn't miss out on this opportunity and gain the benefits of being early backers. Take advantage of InQubeta's presale! Visit InQubeta Presale Join The InQubeta Communities Contact Details InQubeta marketing@inqubeta.ai

August 22, 2023 06:15 PM Eastern Daylight Time

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Which One Is A Must-have Crypto For 2023 - TRON (TRX), Polygon (MATIC), or Everlodge (ELDG)

Total Media

There are a few rare projects that alter the landscape of the crypto world with their massive growth potential. Everlodge is one such project that is likely to become a market titan in the coming weeks. If you are looking for profitable crypto options, you must invest in this new project. On the other hand, long-standing projects like TRON (TRX) and Polygon (MATIC) have struggled to strike a balance in their market performances. Join the Everlodge presale and win a luxury holiday to the Maldives TRON (TRX) Falls Despite Network Growth Despite noticing some network growth, the trading price of TRON (TRX) has declined by more than 7% in the past month. As a result, TRON (TRX) is currently changing hands at $0.0774. To tackle the prevailing bearish market conditions, TRON (TRX) has taken some development measures. Recently, TRON (TRX) announced its use of the Web3 Node Engine Service of Huawei. Interestingly, TRON (TRX) is one of the first blockchains to embrace Huawei’s technology. With this, TRON (TRX) aims to connect developers to blockchains, and help them build dApps more efficiently. By market capitalization, TRON (TRX) is currently in the 11th position. y00ts NFT Collection Leaves Polygon (MATIC) Polygon (MATIC) is going through a prolonged bearish phase. The sudden exit of the NFT collection, y00ts, from the Polygon network is the primary reason behind the recent fall of MATIC. Notably, y00ts had recently shifted to Polygon (MATIC) from Solana, and was one of the most successful NFT collections on the network. However, Polygon (MATIC) has found support in the Reddit Collectible Avatars, which has registered a growth in sales. The Polygon (MATIC) community hopes that this Reddit-based NFT collection will attract more users to the network. However, the price trajectory of Polygon (MATIC) has moved downward by 23% in the past month. Consequently, the trading price of Polygon (MATIC) has now dropped to $0.5865. Everlodge (ELDG) Captures All Market Attention The real estate industry is one of the most profitable, and safest investment assets. To make this industry more accessible to investors, Everlodge has developed a new blockchain platform. It is a state-of-the-art Web3 platform that allows users to own holiday homes, and luxurious hotels. Notably, the market size of global vacation rentals can grow at a CAGR of 4.7% by 2030. Hence, this new project can do wonders over the coming years. Here, people can own a luxurious villa for as low as $100, and in the simplest possible way. The platform mints NFTs against real estate properties, and fractionalizes them to make it accessible to small and retail investors. Besides, people who co-own properties can use their NFTs as collateral to get a loan. Users could also trade their NFTs on the secondary marketplace of the platform, or any ERC20-compatible marketplace. The platform has announced plans to launch a Launchpad, wherein developers will get an opportunity to raise capital for new projects. Everlodge has ELDG as its native token, and its presale has started. Currently, the purchase price of a token is just $0.01. However, as per analysts, the token’s market value can explode by 280% during the presale round, and 30x upon launch. Moreover, the token holders will receive multiple benefits that include discounts on trading fees, and staking rewards. Considering the demand for this project, it can raise $12 million during its presale. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Contact Details Everlodge Team marketing@everlodge.io

August 22, 2023 06:05 PM Eastern Daylight Time

News Release

Headline

Total Media

There are a few rare projects that alter the landscape of the crypto world with their massive growth potential. Everlodge is one such project that is likely to become a market titan in the coming weeks. If you are looking for profitable crypto options, you must invest in this new project. On the other hand, long-standing projects like TRON (TRX) and Polygon (MATIC) have struggled to strike a balance in their market performances. Join the Everlodge presale and win a luxury holiday to the Maldives TRON (TRX) Falls Despite Network Growth Despite noticing some network growth, the trading price of TRON (TRX) has declined by more than 7% in the past month. As a result, TRON (TRX) is currently changing hands at $0.0774. To tackle the prevailing bearish market conditions, TRON (TRX) has taken some development measures. Recently, TRON (TRX) announced its use of the Web3 Node Engine Service of Huawei. Interestingly, TRON (TRX) is one of the first blockchains to embrace Huawei’s technology. With this, TRON (TRX) aims to connect developers to blockchains, and help them build dApps more efficiently. By market capitalization, TRON (TRX) is currently in the 11th position. y00ts NFT Collection Leaves Polygon (MATIC) Polygon (MATIC) is going through a prolonged bearish phase. The sudden exit of the NFT collection, y00ts, from the Polygon network is the primary reason behind the recent fall of MATIC. Notably, y00ts had recently shifted to Polygon (MATIC) from Solana, and was one of the most successful NFT collections on the network. However, Polygon (MATIC) has found support in the Reddit Collectible Avatars, which has registered a growth in sales. The Polygon (MATIC) community hopes that this Reddit-based NFT collection will attract more users to the network. However, the price trajectory of Polygon (MATIC) has moved downward by 23% in the past month. Consequently, the trading price of Polygon (MATIC) has now dropped to $0.5865. Everlodge (ELDG) Captures All Market Attention The real estate industry is one of the most profitable, and safest investment assets. To make this industry more accessible to investors, Everlodge has developed a new blockchain platform. It is a state-of-the-art Web3 platform that allows users to own holiday homes, and luxurious hotels. Notably, the market size of global vacation rentals can grow at a CAGR of 4.7% by 2030. Hence, this new project can do wonders over the coming years. Here, people can own a luxurious villa for as low as $100, and in the simplest possible way. The platform mints NFTs against real estate properties, and fractionalizes them to make it accessible to small and retail investors. Besides, people who co-own properties can use their NFTs as collateral to get a loan. Users could also trade their NFTs on the secondary marketplace of the platform, or any ERC20-compatible marketplace. The platform has announced plans to launch a Launchpad, wherein developers will get an opportunity to raise capital for new projects. Everlodge has ELDG as its native token, and its presale has started. Currently, the purchase price of a token is just $0.01. However, as per analysts, the token’s market value can explode by 280% during the presale round, and 30x upon launch. Moreover, the token holders will receive multiple benefits that include discounts on trading fees, and staking rewards. Considering the demand for this project, it can raise $12 million during its presale. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Contact Details Everlodge Team marketing@everlodge.io

August 22, 2023 05:57 PM Eastern Daylight Time

News Release

Xigem Technologies provides update on acquisition of EchoDigital

Xigem Technologies

Xigem Technologies CEO Brian Kalish joined Steve Darling from Proactive to shed light on the company's latest venture: the acquisition of EchoDigital, a robust SaaS-driven AI platform focused on automotive shopping and delivery. This strategic move has already begun bearing fruit as Xigem received noteworthy results from the newly acquired asset in the initial quarter of 2023. Following the successful acquisition, and in alignment with the stipulated royalty and service-oriented management arrangement, EchoDigital swiftly contributed to Xigem's financials. Impressively, the platform generated gross sales amounting to $439,684, with net sales of $13,191. These early figures underscore the potential and viability of this business endeavor. In addition to this achievement, Xigem faced an interesting development involving one of its vendors. This vendor's entire share portfolio was acquired by Carnance Inc., a reputable player in the market for new and pre-owned vehicles, duly registered with the Ontario Motor Vehicle Industry Council. This transaction carried with it the seamless assumption of all existing obligations, including the royalty and service-centric management agreement and loan agreement inked between Xigem and the vendor during the initial acquisition. As a corollary of the Carnance Transaction, Xigem anticipates a temporary halt in EchoDigital's performance, followed by a prospective resumption in the latter part of its third fiscal quarter or the outset of the fourth quarter in 2023. This intermission is attributed to the procedural transition of responsibilities resulting from the vendor's change in ownership. Despite this pause, Xigem remains enthusiastic about the future outlook of EchoDigital, projecting a positive trajectory as the business realigns and accelerates growth in the specified quarters. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

August 22, 2023 02:03 PM Eastern Daylight Time

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Cepton looking to capitalize on business initiatives as company delivers strong 2Q financials

Cepton Inc

Cepton Inc chief financial cfficer Hull Xu joined Steve Darling from Proactive to discuss the company's second-quarter performance. Cepton achieved a milestone by setting a new company record for shipments of its LiDAR technology, demonstrating its robust momentum in the automotive and smart infrastructure markets. Xu emphasized the notable achievement of Cepton, pointing out that the company is poised for a substantial increase in shipment volume in each successive quarter throughout the remainder of the year. He also highlighted a significant accomplishment within the company's portfolio, as Cepton is actively fulfilling a multi-million dollar tolling contract, underscoring its strong standing in the market. The company is on track to meet orders to support original equipment manufacturers' (OEM) start of production by the end of the year and has successfully delivered to General Motors with support from Koito, a strategic partner. Xu also provided insights into Cepton's Smart Infrastructure division. The company has secured its first production orders for lidar installations in multiple airports across the United States. Cepton is in advanced discussions to expand these projects to additional states and countries, showcasing the increasing adoption of its lidar solutions in various sectors. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 22, 2023 01:37 PM Eastern Daylight Time

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Ocean Power Technologies announces major milestone in the field of autonomous maritime technology

Ocean Power Technologies Inc

Ocean Power Technologies vice president of sales Matt Burdyny joined Steve Darling from Proactive to share an exciting development within the company. Ocean Power Technologies has achieved a significant milestone by successfully demonstrating the capabilities of its Wave Adaptive Modular Vessel during the 10th Annual Maritime Security West event. During the event, the company showcased the WAM-V's capability to remotely attach itself to a buoy and establish a connection for charging. Burdyny explained to Proactive that the achievement was the outcome of on-water trials conducted earlier in the month. This successful connection and charging capability represent a notable advancement in integrating renewable energy sources within the maritime industry. Burdyny emphasized that this achievement has important implications for the future of autonomous vessels. The successful docking of the WAM-V to the buoy demonstrates the potential for extended-duration autonomous operations, which could open up a range of applications within the maritime sector. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 22, 2023 01:32 PM Eastern Daylight Time

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Wishpond shares 2Q financials including a healthy jump in quarterly revenue year-over-year

Wishpond Technologies Ltd.

Wishpond Technologies CEO Ali Tajskandar and CFO David Pais joined Steve Darling from Proactive to discuss the company's second-quarter financial results, which reveal notable growth in revenue attributed to various factors, including increased product demand, expanded sales and marketing efforts, and the introduction of new products. Pais informed Proactive that during 2Q 2023, the company achieved revenue of $5,639,417, marking a 13% increase from the $5,007,343 generated in the corresponding period of 2022. Notably, Wishpond also achieved a positive adjusted EBITDA of $215,926, signifying a substantial 212% increase from the previous year. Tajskandar added that in this quarter, the company successfully finalized the acquisition of Essential Studio Manager (ESM), a significant addition to its portfolio and the sixth acquisition in the company's history. The integration of ESM broadened Wishpond's offerings to include features like invoicing, customer relationship management, and business management functionalities. Moreover, Wishpond has been diligently working on the development of additional AI-powered marketing tools, set to be launched in the upcoming quarters. He also touched on a game-changing AI product, Sales Closer AI, capable of autonomously handling sales calls, which could revolutionize the sales industry. Tajskandar also emphasized the growing popularity of the company's flagship Propel IQ platform, which has been gaining traction in the market. Early indicators point to improved margins and increased customer retention for this platform, reflecting its robust value proposition. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

August 22, 2023 01:27 PM Eastern Daylight Time

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Technology

Seeing Machines upbeat on growth trajectory and funding position

Presale for Borroe ($ROE) Exceeds Expectations with Stellar Performance Raising $500,000 so far

Monero (XMR) and InQubeta (QUBE) See an Increase in Demand. Crypto Ruble gets first test

Which One Is A Must-have Crypto For 2023 - TRON (TRX), Polygon (MATIC), or Everlodge (ELDG)

Headline

Xigem Technologies provides update on acquisition of EchoDigital

Cepton looking to capitalize on business initiatives as company delivers strong 2Q financials

Ocean Power Technologies announces major milestone in the field of autonomous maritime technology

Wishpond shares 2Q financials including a healthy jump in quarterly revenue year-over-year