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Wingman Ventures rebrands as Founderful, gains momentum for $120m Fund II for Swiss tech startups

Founderful

Five years after it launched, venture capital firm Wingman Ventures has today rebranded as Founderful and is announcing it has quickly raised $85m for its new fund, aiming to reach a final close at $120m in the months to come. The firm was founded in 2019 by Swiss unicorn GetYourGuide co-founder Pascal Mathis, former Switzerland Lead at Creathor Ventures Alex Stöckl, and EAT.ch co-founder Lukas Weder. The team’s driving force has always been helping ambitious Swiss tech startups to become international market leaders. The firm was established with the singular goal of backing local, pre-seed startups in their first financing round with hands-on, founder-focused funding. Bucking the venture trend of keeping ‘dry powder’ on hand, Founderful has made nearly 50 investments in the last 4 years alone, having made eight Swiss investments in 2023. From Fund I, Founderful has deployed $60m into 40 startups. This represents 109 founders who scaled to create 1,093 jobs and went on to raise almost 6x additional funding of over $350m in just 3 years, some of which from leading international venture firms. Notably, Wingtra (survey drones) has scaled to 200 employees and an annual revenue of over $20m. DePoly has been recognized globally for its revolutionary plastics recycling technology and raised a $15m seed round, while Corintis (sustainable computing) is working with tech giants such as Microsoft, Google, and Nvidia. Founderful has already started deploying the capital raised in Fund II, backing the founders of Chiral Nano (alternative silicon chips), Nala Earth (ESG reporting), Ascento (security robotics), SAEKI (manufacturing robotics), Anthropos (workplace skills), Isospec Analytics (biomolecular analysis), Eightinks (lithium-ion batteries) and Faive Robotics (humanoid robotics). Alex Stöckl, Founding Partner at Founderful, commented: “We’re beyond grateful that we get to continue our work with the most ambitious founder teams of this exciting ecosystem. Switzerland is one of the world’s fastest-growing venture capital markets. With the global shift towards more complex technologies solving some of our society’s most pressing challenges, it will become one of the world’s most important tech hubs. With our founder-operator backgrounds and the deeply rooted access we’ve built over the years into the universities and research institutions with our Founderful Campus program, we’ve become the go-to firm for entrepreneurs and investors alike.” Founderful II is backed by a range of institutions, family offices, and founders who have successfully scaled their startups into global unicorns such as Duolingo, Climeworks, GetYourGuide, Delivery Hero, and Scandit. Severin Hacker, CTO and co-founder at Duolingo, commented: "Building Duolingo, I've seen my own fair share of VC firms, and it is rare to collaborate with an investor who is as meticulous and relentless toward creating value to the founders they backed, as the team at Founderful.” Jonas Theiler, Head of Asset Management at Artemis Group, added: “We’ve been working with Founderful since day one, and the companies they back have impressive substance and relevance from a technological and business perspective – they are spot-on doubling down on the Swiss venture ecosystem.” Founderful is laser-focused on the Swiss tech market and, with it, concentrated on supporting founders in the B2B software and industrial technology space This includes robotics and industrial automation, artificial intelligence and machine learning, computer vision technologies, and material sciences innovations in cleantech, climate tech, and construction tech. Founderful works quickly and closely with academia and industry to boost the new generation of technology leaders. Lukas Weder, Founding Partner at Founderful, commented: “Our fresh identity as Founderful reflects our purpose as a venture capital business to have the deepest understanding of founders and give them the highest level of support. We were once founders ourselves and know what it takes to succeed. We are redefining founder-friendliness beyond just the term sheet through sharing advice, granting insights, and investing courageously. We bring lightheartedness and empathy to serious topics and remain calm in the face of adversity. We try to be the honest companion we would have wanted by our side when we built our own companies.” The Founderful thesis on investing in Swiss-based startups has been proven by three megatrends: For the 13th consecutive year, Switzerland has ranked first in the Global Innovation Index - topping the lists for technology, knowledge, and creative output. It also has the world's highest patent per capita ratio, and ETH Zurich produces more university spin-outs than any other university worldwide. Big tech is fascinated by Switzerland, which is why Google has 5,000 developers there (its largest tech office outside the US). Disney, Nvidia, Meta, Huawei, and Intel have consistently grown their local R&D teams over the past years. Switzerland is a Unicorn state – there are more billion-dollar tech startups per capita in Switzerland than anywhere else in Europe. Recent unicorn graduates like Scandit (logistics software), Climeworks (carbon capturing), and SonarSource (code security), and bootstrapped under-the-radar success stories like Proton (internet privacy) underline Switzerland’s rising global relevance for B2B technologies. Yoram Wijngaarde, CEO and founder of Dealroom, added: “When looking at our data, Switzerland has been on the rise as one of Europe’s fastest growing VC ecosystems over the past five years, and in 2023 becoming the fifth largest venture market on the continent only behind powerhouses UK, Germany, France and Sweden. When you look at nine tech unicorns on 9 million inhabitants, it becomes apparent that this is a market you cannot miss in your coverage as a European fund or limited partner.” About Founderful Founderful is Switzerland’s leading pre-seed fund. We give every founder our deepest understanding and highest levels of support, and together, we’re building the future of the Swiss startup ecosystem. For more information, please visit our website or LinkedIn. Contact Details Founderful Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website http://www.founderful.com/

February 13, 2024 08:00 AM Eastern Standard Time

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Crypto Whales Shift Focus to the Emerging Meme Powerhouse Meme Moguls (MGLS), Decreasing Interest in Tron (TRX) and Polygon (MATIC)

Meme Moguls

As market growth slowed in January, crypto whales are shifting their focus to an emerging new project, Meme Moguls. Meme Moguls experienced significant gains over the last few months and is now attracting TRON and Polygon investors, who are selling their tokens due to recent poor performances. Will Meme Moguls Hit 100x Returns In 2024? Since its presale started, Meme Moguls increased in value by 90%. This rapidly expanding P2E project is now expected to take the market by storm. After its presale ends on February 28, Meme Moguls will be listed on Uniswap and several other exchanges that will be announced over the upcoming weeks. This significant milestone is expected to take Meme Moguls to new heights. Meme Moguls is a play-to-earn (P2E) platform that lets players build their investing knowledge. The platform showcases several game modes and includes a virtual stock market where investors will be able to trade meme assets. During each game mode, players will have the opportunity to win prizes, most of which can be redeemed for cryptocurrency. The Meme Moguls development team will showcase a game preview over the next week, which will give investors further insights into different game modes, features, and more. As the Meme Moguls presale starts to sell out, experts predict that it will soon enter the 6th stage of its presale. After hitting this milestone, $MGLS tokens will increase from $0.0036 to $0.0042, its final price before being listed later this month. Investors who buy tokens before the Meme Moguls presale ends will still get a 30% buy bonus. Furthermore, active investors could potentially win giveaways, which have been awarded throughout each presale round. Visit Meme Moguls TRON Rallies 18% In January TRON was one of the best-performing stablecoins in January. Its value surged by 18.76%, and as a result, thousands of investors diversified their portfolios with TRON. This was a much-needed boost for the TRON ecosystem, which has faced several declines over the last few months following controversies with the project's founder. Last year, TRON founder Justin Sun faced several charges from the U.S. Securities and Exchange Commission. While these allegations don’t directly impact TRON, they have created legal uncertainty around the project, thus slowing its growth. Nonetheless, TRON continues to expand. The developers are currently working on a new partnership with ChainGPT, which could be a great addition to the TRON ecosystem. TRON is currently trading at $0.1229, and its price increased by 4.97% over the last week. Crypto Whales Sell Polygon Polygon (MATIC) has faced several challenges in 2024. After its poor price performance, Polygon's daily transaction volume has dropped by 31.7% in a month, and Polygon has dropped out of the top 15 most traded cryptocurrencies. Whales are now losing confidence in Polygon’s following its poor user activity. As a result, record amounts of MATIC tokens have been removed from exchanges. This has caused some experts to question Polygon’s future, with some suggesting that the project may be losing its investors to competitors. According to Polygon’s network data, bridging activity also fell over the last month, which has further shaken whale confidence. Having increased by just 3.5% in 30 days, investors could start to diversify their portfolios and sell their Polygon holdings if the project fails to gain momentum. For more information about the Meme Moguls (MGLS) Presale: Visit Meme Moguls | Join the Community Meme Moguls and all cryptocurrencies are subject to significant price fluctuations and volatility. Investing in or holding Meme Moguls tokens carries substantial risks, including the potential for total loss. Past performance should not be considered indicative of future results. Volatility and Risks: Meme Moguls and all cryptocurrencies are subject to significant price fluctuations and volatility. Investing in or holding Meme Moguls tokens carries substantial risks, including the potential for total loss. Past performance should not be considered indicative of future results. Contact Details Meme Moguls contact@mememoguls.com Company Website https://mememoguls.com/

February 12, 2024 09:05 AM Central Standard Time

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Nextech3D.ai announces preliminary results showing 56% increase in revenue

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to unveil the company's preliminary unaudited financial and operating results for the full year 2023. These results paint a picture of robust growth and strategic evolution for Nextech3D.ai, with annual revenue soaring by an impressive 56% to $5 million compared to $3.2 million in 2022. Moreover, the company's annual gross profit margin for 2024 is estimated at 30%, signaling a significant uptick, particularly following the company's pivot to India in Q4, 2023, and enhancements in its AI capabilities. Gappelberg elaborated during the interview, expressing satisfaction with the solid performance in 2023 but also hinting at even stronger gains anticipated in 2024. With the increasing traction of 3D modeling and the company's continued pursuit of economies of scale, Nextech3D.ai is poised for further expansion and profitability. Central to the company's success is the strategic decision to shift operations to India, a move that has significantly bolstered production capabilities and, most notably, profit margins. Gappelberg emphasized that Nextech3D.ai is now experiencing consistent profit margins exceeding 50% across its businesses, marking an impressive 80% improvement over 2023. The impressive financial results and strategic initiatives underscore Nextech3D.ai's commitment to innovation and growth in the burgeoning field of 3D modeling. With a solid foundation and a clear roadmap for the future, Nextech3D.ai is well-positioned to capitalize on emerging opportunities and deliver sustained value to its stakeholders. Stay tuned for further updates as the company continues its upward trajectory in the dynamic world of technology and AI. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

February 12, 2024 09:43 AM Eastern Standard Time

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Trust Stamp announces strategic alliance with ManTech for AI-Powered Identity Management Technology

T Stamp Inc

Trust Stamp President Andrew Gowasack joined Steve Darling from Proactive to unveil a significant development in the company's journey. Trust Stamp has officially entered into a Teaming Agreement with ManTech, marking a pivotal step towards the integration of Trust Stamp's cutting-edge AI-Powered, Privacy-First identity authentication technologies into ManTech's extensive portfolio, particularly enhancing ManTech programs like Zero Trust. Gowasack elaborated during the interview that this strategic alliance between Trust Stamp and ManTech had its roots in the Georgia Institute of Technology's, Advanced Technology Development Center (ATDC), a partner of ManTech. Trust Stamp's notable graduation from ATDC as a Signature Portfolio company highlights the transformative potential of their technology. It's a recognition of their ability to facilitate fully-trusted connections across companies, coaches, capital, and customers. ManTech, renowned for its track record of successful government engagements and its capacity to deliver cutting-edge analytics, is poised to synergize effectively with Trust Stamp's technology. Together, they aim to offer a premier trust and identity solution tailored to the specific needs of government customers. This Teaming Agreement symbolizes a fusion of innovative capabilities and domain expertise, a union that holds the promise of revolutionizing identity authentication and trust-building in the government sector. Trust Stamp and ManTech are set to empower organizations with robust tools to navigate the complex landscape of modern data security and privacy, aligning with the principles of Zero Trust. This collaboration is poised to make a profound impact on the world of technology and government services. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

February 12, 2024 09:03 AM Eastern Standard Time

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Bitcoin Price Prediction: Bitcoin (BTC) to Break $50k in Feb, Pullix (PLX) Set to Steal the Show For Gains

Pullix.io

The good news is Bitcoin (BTC) is coming back, the market is booming and investors are reaping the rewards. As the effect of the Bitcoin ETF begins to ease off, Bitcoin price has begun to increase and analysts are projecting more rallies as the speculated bull market gets closer. Meanwhile, the Pullix presale has amazed the crypto community with over $5 million raised. Pullix is a top-level DeFi coin and is set to be a breath of fresh air for investors who have to constantly deal with high transaction fees on many exchanges. More details below. Pullix Witnesses 15,000 Participants, Set to End Presale in 70 Days With Bitcoin coming back, Pullix will outshine many established cryptos in the next bull run. Even with the project being new in the crypto market, the Pullix ongoing presale has been a huge success, attracting the attention of whales based on its unique idea of developing a hybrid trading platform. The project has raised over $5 million in presale and is expected to raise more funds before the presale ends. With Binance, Coinbase, and Kucoin notorious for high transaction charges that reduce investors’ profitability, constant security vulnerabilities, and lack of liquidity, investors are looking for alternative platforms to lift these burdens. As such, Pullix will be the first hybrid platform to merge the features of both centralized and decentralized exchanges. The Pullix platform will be a non-custodial exchange, allowing investors a firm grip and control over their assets. The Pullix platform will provide top-notch security, liquidity, and faster transaction processing to solve the myriad of problems of the established exchanges completely. As a result, investors have flocked to the Pullix project endlessly. Over 15k users have already registered on the platform and more than 80 million PLX tokens have been sold so far. Pullix has been listed on CoinGecko and the native token, PLX, an ERC20 token is sold for only $0.10. There is also a 10% bonus which will be given to the token buyers now before the project is launched in 70 days. Early investors who joined the presale in the first stage already got over 150% ROI. As the presale winds down, investors can earn a fixed daily percentage of the platform's revenue through the profit share model of the Pullix platform. After the presale, there will be a token burn feature to stabilize the price of the PLX tokens already in circulation. With a potential ROI of 100x at launch, Pullix is a top DeFi coin that can give investors a significant profit in 2024. Bitcoin (BTC) to Hit $50k as Market Condition Improves Bitcoin (BTC) has been on a remarkable surge recently after the aftermath of the Bitcoin ETF began to ease off. The Bitcoin price has increased by 24.73% in the past 90 days as the road leading to the bull run gathers momentum. Having traded between the high of $48,969 to the low of $38,521 in the last 30 days, the coin may be set for another spark soon. The BTC price has seen an over 11% rally in the past week with the Bitcoin trading volume and market cap also experiencing an uptrend. These are signs of high trading activity which experts believe will trigger a rally in the coming days. With continued whale injection resulting in Bitcoin market dominance, analysts predict that the Bitcoin price may hit $50k before the end of Q1 of 2024. For more information regarding Pullix’s presale see links below: Visit Pullix Join The Pullix Communities Pullix is a new DeFi protocol that is launching a hybrid exchange that will seamlessly blend the strengths of centralized and decentralized exchanges into one unified platform. Serving as the pioneer of “Trade-to-Earn” our native token $PLX empowers the community to earn a portion of the daily revenues generated by the exchange. Disclaimer: Digital currencies may be unregulated in your jurisdiction. The value of digital currencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction. Contact Details Pullix Pr Team contact@pullix.io Company Website https://pullix.io/

February 12, 2024 08:00 AM Central Standard Time

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Building on success of first marketing campaign, 1606 Corp launches second one with Cannasite

1606 Corp.

1606 Corp CEO Greg Lambrect discussed the company's innovative marketing campaign in collaboration with its ISO partner, Cannasite, in an interview with Steve Darling from Proactive. The campaign is designed to engage Cannasite's extensive network of over 300 clients through targeted outreach, including email and calls. Following the success of their December marketing initiative for ChatCBDW with Cool Blue Distribution, Lambrect emphasized that the new campaign with Cannasite comes with higher expectations. The primary goal of the campaign is to expand the reach within the online brand community and solidify ChatCBDW's position as a pivotal tool in revolutionizing customer service and sales processes. Cannasite, a leading provider of web design and digital marketing services in the cannabis industry, has a strong client base and significant industry connections. Their partnership with 1606 Corp aims to revolutionize the AI merchandising landscape in the cannabis sector. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 12, 2024 08:22 AM Eastern Standard Time

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Select Sector SPDR ETFs: A Strategic Approach to Investment Customization

Select Sector SPDR

Investors seeking a strategic approach to diversify their portfolios can turn to Select Sector SPDR ETFs. These ETFs offer a focused approach to sector investing, enabling investors to specifically target industry sub-sectors within the broader market. This method of investment strategy is designed to arm investors with greater control and flexibility over their portfolio management. Select Sector SPDR ETFs are not traditional broad based market funds. Instead, they provide access to various industries, allowing investors to craft a diversified portfolio that aligns with their unique investment goals. This approach presents an excellent opportunity for both individual and institutional investors to effectively navigate the financial markets. Portfolio Balancing with Flexibility and Transparency through Select Sector SPDR ETFs Investors can continue to leverage our Select Sector SPDR ETFs to meet their investment goals. With 11 ETFs covering all broad market segments, these sector-focused ETFs provide targeted access to industries and allow investors to strategically balance their portfolios. Each ETF comprises well-known, large-cap companies from the S&P 500, ensuring broad exposure and diversification. The transparent nature of ETFs allows for daily disclosure of portfolio holdings and weightings, providing investors with visibility into their investments. The full lineup of Select Sector SPDR ETFs includes: Communication Services Select Sector SPDR Fund (XLC) Consumer Discretionary Select Sector SPDR Fund (XLY) Consumer Staples Select Sector SPDR Fund (XLP) Energy Select Sector SPDR Fund (XLE) Financials Select Sector SPDR Fund (XLF) Health Care Select Sector SPDR Fund (XLV) Industrials Select Sector SPDR Fund (XLI) Materials Select Sector SPDR Fund (XLB) Real Estate Select Sector SPDR Fund (XLRE) Technology Select Sector SPDR Fund (XLK) Utilities Select Sector SPDR Fund (XLU) These Sector ETFs provide flexible, transparent, and low-cost investment options to both retail and institutional investors. The flexibility offered by these ETFs empowers investors to make strategic adjustments in their portfolios as market conditions change. This flexibility, combined with the transparency of daily disclosure of portfolio holdings, allows investors to always be aware of where their money is invested. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007249 EXP 4/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

February 12, 2024 05:00 AM Eastern Standard Time

Crypto Analysis Platform yPredict Completes All 8 Rounds of Presale Successfully, Expands Team to Accelerate Growth

Spark Metro PR

yPredict, an AI-powered crypto analysis platform, today announced it has completed all its presale rounds to develop its platform further. The additional capital will support yPredict's continued growth as it evolves into a fully-fledged asset analysis platform. "We are thrilled to complete this last presale round, which demonstrates strong investor confidence in our vision," said Raj Sharma, CEO of yPredict. "These funds will enable us to accelerate the development of our AI-driven platform as we scale our capabilities to empower crypto & stocks investors with actionable, data-backed insights." With the presale complete, yPredict is expanding its team by hiring for several key roles, including Product Manager, Digital Marketing Specialist, Technical Stock Chart Analysis Content Writer, and Crypto Content Writer. These hires will be instrumental as yPredict cements itself as an industry-leading crypto analysis solution. yPredict leverages advanced AI and machine learning to analyze financial market data and identify profitable trading and investment opportunities. The platform delivers personalized, easy-to-understand analytics to help traders of all skill levels make smarter investment decisions. "We are at the forefront of leveraging AI to democratize access to sophisticated crypto market analysis. Our technology enables anyone, not just seasoned professionals, to trade with confidence," continued Raj Sharma. "With our strong funding base and expanded team, we are poised to take yPredict to new heights in 2024 and beyond." For more information on yPredict and its AI-powered crypto investing platform, visit ypredict.ai. About yPredict yPredict provides AI-powered crypto market analysis platform designed to uncover predictive insights and enable high-probability trading. Built by a team of AI and finance experts, yPredict helps crypto investors of all experience levels make smarter trading decisions through advanced analytics and machine learning. The company is based in Wilmington, DE. Contact Details yPredict Ankit Singh +1 302-597-6768 team@ypredict.ai Company Website https://ypredict.ai/

February 11, 2024 05:25 AM Eastern Standard Time

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System1 Group Revolutionizes Ads for Maximum Impact in 2024

System1 Group

James Gregory, the CEO of System1 Group Plc joins Steve Darling from Proactive to provide insights into the company's unique approach to advertising. System1 Group aims to assist the world's largest advertisers in making data-driven creative decisions that lead to impactful business outcomes. The company leverages proprietary technology developed over two decades, allowing it to predict how emotions in advertising contribute to long-term market share growth. One standout feature of the company's approach is its ability to test ads and ideas within 24 hours, contributing to the creation of a massive global database of over 100,000 ads for benchmarking purposes. Gregory also highlighted the company's recent successes, including the addition of over 200 new customers in 2023, establishing partnerships with renowned brands like Pfizer, Tesco, Toyota, EasyJet, and others. Gregory emphasized the growing need for marketing teams to demonstrate commercial returns, highlighting a significant opportunity for increased pre-testing spending. Looking ahead to 2024, System1 Group is focused on growth within the $20 billion US dollar market, particularly in the United States. This growth plan is supported by substantial investments in branding, sales capabilities, and marketing efforts. As advertising budgets face increased scrutiny, System1 Group's unique approach provides valuable data and insights to maximize return on investment (ROI). This positions the company as a key player in the evolving advertising landscape, where data-driven decision-making is essential for advertisers looking to achieve impactful results and demonstrate the commercial effectiveness of their campaigns. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 10, 2024 06:12 AM Eastern Standard Time

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