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VTS Recognized on Commercial Observer’s Annual Power Proptech List For Second Consecutive Year

VTS

VTS, the commercial real estate industry’s only technology platform that unifies owners, operators, brokers, and tenants to capitalize on opportunities revealed in every square foot of their properties, today announced that Commercial Observer has recognized CEO Nick Romito and Chief Technology Officer Swaroopa Penikelapati in it’s second annual Power Proptech List. This is Romito’s second year being featured on the list and the first for Penikelapati. “For over a decade, VTS has been at the forefront of the Proptech space, pioneering innovative solutions that have transformed how the real estate industry operates and providing our customers with technologies to improve the way they operate and do business. It’s an honor to be featured in Commercial Observer’s Power Proptech list for the second year in a row alongside other prominent executives who are driving innovation in real estate,” said Romito. “We see this recognition as a testament to our influence in the industry and are excited to continue scaling as we head into 2024.” Under Romito and Penikelapati’s leadership, VTS has continued to set the bar for innovation within the commercial real estate industry and has been a driving force in the company’s growth over the past year. Following the acquisitions of Rise Buildings and Lane Technologies in 2021 and a CBRE-led Series E fundraise in 2022, VTS announced the launch of VTS Activate, the company’s revolutionary tenant experience platform that enables CRE owners and operators to create a fully integrated office experience, in May of this year. VTS continues to be a trusted source for industry data, with its quarterly VTS Office Demand Index (VODI) and annual Global Landlord Report. The company has also made strategic additions to its leadership team to meet growing demand and platform expansion through the appointments of Sachin Shah as its first Chief Customer Officer in August and Penikelapati as Chief Technology Officer in November 2022. "I’m thrilled to be included in the Commercial Observer Power Proptech List following my appointment as VTS’ Chief Technology Officer last year,” said Penikelapati. “As a minority woman in a male-dominated industry like real estate, I’m proud to be represented on this list through contributing to meaningful outcomes for our customer base and the industry at large. I look forward to continuing to push the boundaries of what our platform can deliver.” Commercial Observer’s annual Power Proptech List is a compilation of the most influential individuals in the rapidly evolving world of Proptech. In a field that continues to undergo significant transformation, this list recognizes executives and companies that shape the industry and possess the resilience and innovation necessary to thrive in changing times. VTS is the commercial real estate industry’s only technology company that unifies owners, operators, brokers, and tenants in a single platform to capitalize on opportunities revealed in every square foot of their properties. In 2013, VTS revolutionized the commercial real estate industry’s leasing operations with what is now VTS Lease. Today, the VTS Platform is the largest first-party data source in the industry, transforming how strategic decisions are made and executed by CRE professionals across the globe. With the VTS Platform, consisting of VTS Lease, VTS Activate, VTS Data, and VTS Market, every business stakeholder in commercial real estate is given real-time market information and workflow tools to do their job with unparalleled speed and intelligence. VTS is the global leader, with more than 60% of Class A office space in the U.S., and 12 billion square feet of office, retail, and industrial space is managed through our platform worldwide. VTS’ user base includes over 45,000 CRE professionals and industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, BXP, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Marino PR Sofia Chevez +1 646-912-5354 schevez@marinopr.com Company Website https://www.vts.com/

October 16, 2023 11:00 AM Eastern Daylight Time

AI startup Leucine nets $7M to level up Pharma manufacturing compliance to keep pace with drug innovation

Leucine

Pharmaceutical manufacturing is the lynchpin to getting drug innovation to people. While compliance protocols are key to ensuring the smooth operation of the industry, they are beset by processes that are not fit for purpose and are hindering their ability to deliver life-saving drugs faster. Suffocated by paper-based records and legacy systems, the large-scale manufacturing of drugs is being hampered. It’s little wonder that a staggering 2 out of 3 FDA warnings are for non-compliance related to procedures not being followed appropriately, unclear work instructions of methods, failure to review equipment usage logs, and lack of shared procedures between Quality Assurance and production departments. These matters are often missed and go unnoticed because of the conventional paper-based systems in the pharmaceutical industry. Helping to make pharmaceutical manufacturing compliant, safer, and faster, tech startup Leucine is today announcing a $7M series A funding round led by Ecolab Inc., a strategic investor, to scale its Compliance Cloud platform globally. This round also saw participation from all existing investors, including Pravega Ventures, Axilor Ventures, Techstars, and angels. Vivek Gera, founder, and CEO of Leucine, commented: “Paper-based manufacturing records are the industry's achilles' heel, fueling not only regulatory nightmares but also ballooning production costs and inefficiencies. The legacy solutions are no better, with their extremely long implementation cycles and rigid, siloed applications that leave manufacturers in a lurch.” Leucine's Compliance Cloud serves as a digital twin of the pharma manufacturing shop floor, bringing real-time performance monitoring, compliance management, and actionable insights to the table. For pharma manufacturers, leveraging data can mean the difference between a successful batch and a costly recall. What differentiates Leucine from some of the legacy digitization tools is its AI-driven capabilities designed not only to digitize pharma manufacturing workflows faster but also to provide proactive insights that enable pharma companies to stay compliant and produce faster and in a cost-effective manner. Leucine's platform can be implemented in 8 weeks. This speed of implementation becomes possible because of the proprietary AI-enabled digital process builder based on Large Language Models (LLMs) that rapidly digitizes paper SOPs into execution-ready digital formats. "Our models are trained on a wealth of pharma data, which allows the platform to create custom workflows enriched with GxP compliance measures, enabling us to deliver unparalleled value at breakneck speed," added Vivek Gera. A batch execution procedure is the single most important document in pharma manufacturing. This rapid digitization capability reduces the digitization cycle of a batch record from 6-8 months to 3-5 days. Leucine is currently deployed at over 30 companies in over 300 pharma manufacturing facilities across 10 countries, including the US, India, Brazil, Mexico, UAE, and others. The company is today also announcing the beta launch of Leucine10x, a groundbreaking AI framework designed to serve as a co-pilot in pharmaceutical manufacturing processes. Leucine10x will revolutionize how decision-making is done in pharma manufacturing, enabling Production and Quality Assurance teams to achieve their organization goals with ease and confidence. Built on proprietary LLM technology, Leucine10x offers an army of AI co-pilots that perform highly specialized tasks such as digitizing paper-based SOPs, creating a digital twin of the shop floor, collaborating with Production Managers in creating dynamic production plans, thus ensuring on-time batch delivery. Most significant is their ability to speed up Root Cause Analysis (RCA) of deviations in the manufacturing process by quickly analyzing data, including text-based records, logs, and even staff interview transcripts, to identify potential issues or patterns that might not be readily apparent. Mustaq Singh Bijral, Co-founder and CPO of Leucine, said: "We're excited to share that Leucine10x is already operational in select customer facilities under a trusted tester agreement. The response has been incredibly positive, and due to high demand, we're currently enrolling new customers through a waitlist". The funding round will support Leucine in refining its AI capabilities and making its AI Co-pilot a trusted partner to the production and quality managers on the shop floor and in expanding its reach to more facilities and customers. “Vivek and Mustaq have been relentless in their mission to make pharma manufacturing safer. This latest funding round will enable Leucine to bring the power of LLMs and associated technologies to make significant advances in pharma manufacturing. We couldn’t be happier to support them in this quest” said Rohit Jain, Co-founder and Partner at Pravega Ventures. Pravega Ventures also invested in the Seed round of Leucine. Vivek Gera remarked: "We're just scratching the surface; our vision is to leverage AI and technology to bring safe medicine to patients across the world” About Leucine Leucine is at the forefront of digitizing pharmaceutical manufacturing, leveraging cutting-edge AI technologies to bring unprecedented efficiency and compliance to the shop floor. Our innovative solutions, from Batch Planning to Batch Release, aim to modernize traditional procedures, replacing paper-based records with a seamless, digital-first approach. Trusted by industry leaders, Leucine not only streamlines the manufacturing process but also delivers actionable insights through its AI-driven analytics dashboard, empowering pharma companies to produce safer and more effective medicines. Leucine is headquartered in New Jersey, United States. For more information, visit https://www.leucine.io/ About Pravega Ventures Pravega Ventures is an early stage Venture Capital fund that partners with passionate founders, who are leveraging technology to either disrupt existing markets or create new ones. Contact Details Leucine Sampada Bhootna +91 81458 07848 sampada.bhootna@leucinetech.com Company Website https://www.leucine.io/

October 16, 2023 09:00 AM Eastern Daylight Time

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GaleForceMedia Introduces AI-Assisted Media Buying & Planning

GaleForce Digital Technologies

Gale Force Digital Technologies has announced the development of a patent-pending AI technology for its media buying and planning platform, Gale Force Media. “We are thrilled to launch this new technology,” said Jen Williams, Vice President of Product Development at Gale Force. “This significant step forward represents our unwavering commitment to delivering cutting-edge solutions that empower our clients to achieve unprecedented success in the ever-evolving landscape of media advertising.” The new AI technology assists advertisers and agencies in determining effective media mixes by providing real-time recommendations based on a multitude of data points. The AI analyzes patterns, trends, and insights in local and national markets using internal and external databases to generate the most ideal options for media placements. Once the AI presents the results, Gale Force Media users have the flexibility to modify or accept the proposed media buy. Furthermore, the new technology will be able to parse much larger datasets than its human counterparts, allowing pattern recognition and planning on a scale previously unattainable. It is also capable of suggesting budget allocations, ad content type, content duration, and target KPIs per media channel. GaleForce's AI is built to continuously learn and improve based on data-driven assessments of its recommendations. About Gale Force Digital Technologies Headquartered in West Palm Beach, Florida, Gale Force Digital Technologies has been providing advanced media planning software, digital marketing tools, and other solutions since 2014. The products offered are GaleForceMedia, a media planning and buying tool; LocalForce, a local search management solution; ClickForce, a paid search advertising platform; SocialForce, a multi-platform management software for managing social profiles and scheduling posts; AdForce, a programmatic digital media buying solution; and ReForce, a proprietary review generation and reputation management platform. GaleForce is continually crafting and refining products to better serve its ever-growing client base. Contact Details Gale Force PR Department +1 866-233-8499 pr@galeforcedigital.com Company Website https://galeforcedigital.com/?utm_source=news_direct&utm_medium=pr&utm_campaign=gail

October 16, 2023 08:15 AM Eastern Daylight Time

IQGeo Group anticipating "much higher growth in software revenues"

IQGeo Group PLC

IQGeo Group PLC (AIM:IQG) chief executive Richard Petti and chief financial officer Haywood Chapman speak to Thomas Warner from Proactive after releasing the software developer's half-year report for the six months to 30 June 2023. Petti starts by addressing the Group's acquisition of fewer new clients compared to previous years, highlighting that the company's revenues surged by 123% to over £20mln, with 83% of that increase attributed to organic growth. Petti highlighted the success of their "land and expand" strategy, emphasising long-term relationships and continuous upselling to existing customers. Chapman confirms the successful integration of recent acquisition Comsof NV, which has enabled them to secure a significant contract with a tier-one national utility provider in southern Europe, valued at €8.6mln over six years. Petti also introduced their new "editions strategy" this summer, aiming to cater to the diverse needs of their customer base, ranging from global telcos to private network operators. This strategy offers three editions of their product, ensuring each customer type receives an experience tailored to their requirements. Addressing growth predictions, Chapman acknowledges a market forecast of 8% growth for the next year but emphasises a shift in their strategy that will focus on higher-margin software revenues, potentially leading to a 48% growth in their adjusted EBITDA. The duo remains optimistic about IQGeo's competitive edge and future growth prospects. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 16, 2023 07:56 AM Eastern Daylight Time

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Tribe Property Technologies round out management team announcing Angelo Bartolini as CFO

Tribe Property Technologies Inc.

Tribe Property Technologies CEO Joseph Nakhla and new company chief financial officer Angelo Bartolini joined Steve Darling from Proactive to provide some key updates on the company. Bartolini, with over 12 years of experience in a public company setting, has taken on the role of CFO at Tribe Property Technologies. His most recent position was as CFO of Altus Group, where he played a crucial role in driving transformative growth for the company. In his new role at Tribe, Bartolini will leverage his expertise in capital management, equity and debt financing, and performance management including budgeting and forecasting, financial risk management, and M&A execution and integration. Bartolini shared his perspective on why he chose to join Tribe and how he plans to leverage his experience to contribute to the company's progress. Additionally, Joseph Nakhla announced that Tribe Property Technologies has signed a definitive loan agreement with the Technology and Innovation Banking arm of a Canadian bank, securing up to $15 million. This facility comprises a $3 million operating line to support the company's working capital requirements and an M&A facility of $7 million, with an additional $5 million allocated for future use. This financing agreement reflects the company's strategic approach to financial management and its commitment to supporting its growth initiatives. In summary, Tribe Property Technologies has strengthened its leadership team with the appointment of Angelo Bartolini as CFO, adding significant financial expertise to the company. The financing agreement further positions Tribe for growth and expansion as it continues to provide innovative solutions in the property management sector. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

October 13, 2023 02:20 PM Eastern Daylight Time

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News Release

New Play-to-Earn Meme Coin NuggetRush Launches Presale - Next 10x Crypto?

RoundHouse Media

TL;DR - NuggetRush (NUGX) is a groundbreaking protocol that bridges the gap between gaming and the crypto universe. - It is a highly immersive P2E game where players can earn NUGX rewards while having a lovely time in arguably one of the best games with thrilling storylines in 2023. - The NUGX presale launch has ignited frenzy from meme coin fans and astute investors who have identified an once-in-a-lifetime opportunity. - Supporters are convinced that NUGX is an undervalued gem that will easily become a 10X sensation, outperforming top coins like Cardano (ADA). NuggetRush (NUGX) is currently showing the broader crypto world and the gaming scene what it means to understand and solve problems facing users. The platform is releasing novel concepts that have thus far captured the imagination of investors and enthusiasts alike. As of October 2023, NuggetRush is undoubtedly one of the best coins to invest in, a crypto star that promises to change how serious investors perceive meme coins and reshape the entire multi-billion play-to-earn gaming industry. So, what is driving NuggetRush, and why do investors want NUGX to be one of the top crypto coins in the coming months, surging by more than 10X on launch? Visit NuggetRush Presale NuggetRush: A Play-to-Earn Marvel Merging Gaming Meets Crypto NuggetRush (NUGX) is a groundbreaking protocol that has finally succeeded in bridging the gap between gaming and the fast-moving and demanding crypto universe. The platform offers a highly immersive P2E game where players can earn NUGX rewards while having a lovely time in arguably one of the best games with thrilling storylines in 2023. NuggetRush is launching on Ethereum (a proven blockchain) and utilizing its time-tested and secure smart contracts so that players can easily monetize their gaming skills, effectively turning their passion into money in a secure environment. Visit NuggetRush Presale NUGX Presale Buzz: The Next 10x Crypto? For what lies ahead, the NUGX presale launch has ignited a frenzy from meme coin fans and astute investors who have identified a once-in-a-lifetime opportunity. Supporters are convinced that NUGX is an undervalued gem that will easily become a 10X sensation, outperforming top coins like Cardano (ADA). Because of this expected growth, many say NuggetRush could revive the highly depressed gaming and NFTs scene in 2023, even triggering a bull run once the project launches. As of mid-October, there has been a noticeable spike in NuggetRush-related searches in top search engines like Google and Bing. This could mean that early adopters and some of crypto's top investors view NUGX as a golden opportunity to get exposure in a well-thought-out project that seamlessly blends entertainment, crypto, and finance. As history reveals, the presale phase of quality protocols can offer exclusive benefits for early investors who stand to become "whales" and influencers as the project matures and delivers its vision-mission statement. Accordingly, those positioning themselves in NUGX in what will easily be a top ICO-- if past performance of other crypto success repeats--stand to reap big profits as the ERC-20 coin surges to even register more than 10X gains. Visit NuggetRush Presale Looking Ahead: Navigating the NuggetRush Journey NuggetRush has an edge that's increasingly hard to find in crypto: it places the community at the core of its development journey. The protocol's creators understand the significance of fostering a dedicated and passionate user base to propel its growth. Through collaborative decision-making, where NUGX holders play a crucial role, the community determines the project's direction. Already, NuggetRush developers have revealed that they will renounce their smart contracts, giving control to holders. This inclusive approach enhances transparency and ensures that the project resonates with the audience it aims to serve. The NUGX presale is already bringing a sense of excitement and anticipation. The fusion of gaming, crypto, and community engagement has laid the foundation for what could easily be a game-changing platform. Factoring the deflationary nature of the token and the structure of the presale that's set to massively benefit early adopters, there could be an opportunity for early birds to scoop NUGX, which is available at a discount, as they await for more than 10X their investment. Visit NuggetRush Presale Contact Details NuggetRush Team media@nuggetrush.io

October 13, 2023 09:30 AM Eastern Daylight Time

Nextech3D.ai announces MapD and ARway team up for Augmented Reality Mobile App

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share news regarding a significant development in the company's MapD business unit. MapD has successfully integrated and launched its indoor navigation capabilities with ARway.ai's cutting-edge technology, opening up a world of possibilities for event organizers. This integration marks the inception of a groundbreaking Augmented Reality (AR) Powered Event Mobile App. This technology introduces a new revenue channel for event organizers through exclusive AR experiences accessible solely via the event mobile app. Event organizers can take advantage of white-glove deployment services and sponsorship sales services, creating a novel and lucrative approach to event monetization. One of the key benefits of this integration is the ability to offer immersive AR experiences, which can include 3D/AR mobile games and other interactive elements. These experiences will transform the way attendees engage with events, making them more interactive and enjoyable. Furthermore, this integration enables event organizers to offer attendees a first-of-its-kind AR navigation experience at trade shows and other events. This not only enhances the overall quality of event experiences but also creates a powerful new revenue stream for organizers. By offering AR sponsorships and immersive experiences, events can tap into a new source of income and further engage attendees. In summary, the integration of MapD and ARway.ai represents a significant advancement in the field of event technology. It offers event organizers a unique opportunity to enhance their events with immersive AR experiences and generate additional revenue through sponsorship opportunities. This innovative approach aligns with Nextech3D.ai's commitment to leveraging cutting-edge technology to enhance event experiences and create new opportunities for growth. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

October 12, 2023 02:17 PM Eastern Daylight Time

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HTX Ventures Announces Investment in REPUBLIK's $6M Seed Funding Round

HTX

Singapore – October 11, 2023 – HTX Ventures announced its investment in REPUBLIK, an emerging Web3 startup within the domain of social platforms. This investment aims to support REPUBLIK in advancing its Web3 platform designed for creators and their supporters to connect and earn rewards. HTX Ventures' investment underscores its steadfast commitment to long-term industry advancement and its dedication to fueling innovation and growth within the blockchain ecosystem and the creator economy. HTX Ventures joined 13 other prominent investors in REPUBLIK's successful $6 million seed funding round, pushing its valuation to $75 million. Founded in 2022, REPUBLIK is a technology company headquartered in Singapore that provides content creators a platform to engage with their communities and reward their followers based on their interactions. This empowers creators to create, engage with, and monetize their content. As the community continues to expand rapidly, REPUBLIK is redefining the landscape of online interaction. The funds raised will be allocated to furthering the development of REPUBLIK's platform and the establishment of their state-of-the-art Web3 creator tools on the blockchain. Although REPUBLIK's app is currently in beta on Android, iOS, and the web, it has garnered significant interest. The platform provides creators with inventive methods for interaction and recognition for their contributions. A representative from HTX Ventures commented "the landscape of social platforms is undergoing a transformation with the emergence of Web3, and REPUBLIK's distinctive practice of consistently rewarding the community sets them apart within the realm of SocialFi projects. In addition to their creator-centric approach, REPUBLIK holds the potential to offer a compelling value proposition for existing Web2 users." "For too long, people have devoted their time, attention, and creativity to existing platforms, often receiving little in return. REPUBLIK is set to change this by ensuring a fair distribution of community value. We're thrilled to have investors who share our vision and partners who are assisting us in building a genuinely community-owned platform," expressed REPUBLIK's CEO Daniel He. HTX Ventures, the global investment arm of HTX, leverages an integrated approach that combines investment, incubation, and research to identify the most exceptional and promising teams around the world. As a pioneer with a decade of experience in the blockchain industry, HTX Ventures is committed to driving the development of cutting-edge technology and emerging business models within the industry, offering comprehensive support to collaborative projects, including financing, resources, and strategic consulting, to establish a long-term blockchain ecosystem. To date, HTX Ventures has supported over 200 projects spanning multiple blockchain tracks, with some high-quality projects already listed on HTX for trading. Additionally, HTX Ventures is an active participant in fund-of-funds (FOF) investment, collaborating with top global blockchain funds like IVC, Shima, Animoca, and others to collectively foster the evolution of the blockchain ecosystem. In the foreseeable future, as the Web3 ecosystem continues to evolve, social platforms are poised to emerge as the most dynamic avenues for user engagement. The expansion of REPUBLIK holds the promise of reshaping the Web3 social interaction landscape and the creator economy. HTX Ventures will closely monitor REPUBLIK's advancements. About REPUBLIK Republik is on a mission to connect creators to their communities while rewarding everyone based on their interactions. With a rapidly growing community, REPUBLIK redefines the realm of online interaction. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

October 12, 2023 01:49 PM Eastern Daylight Time

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Fall & Holiday Finds

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

October 12, 2023 01:08 PM Eastern Daylight Time

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