Beyond Meat and Lemonade were the best performing IPO debuts of 2019 and 2020 thus far – both companies in which OurCrowd had the privilege to offer our investors before they went public. We are proud to be counted among those who have supported these impactful companies, and look forward to taking part in the journeys of more promising companies in the future.
Speaking of going public – I predict that the special purpose acquisition company (SPAC) market will roughly double this year and become an accepted alternative way for growth companies to go public by merging into the SPACs. As we see from Bill Ackman’s $4 billion SPAC, the market for these kind of structures has heated up beyond recognition. As stated in CNBC, “…SPACs are growing in popularity. So far this year they’ve have raised more than $12 billion, according to Dealogic, putting the dealflow on track to surpass 2019′s record total of $13.5 billion.” Watch more on the SPAC boom, on CNBC.
Top Tech News
Congrats to two OurCrowd portfolio companies on their raises which we were proud to take part in.
Our agtech company Taranis raises $30M – their system analyzes ultra-high-resolution images of crops to detect early signs of diseases, insect infestations, nutrient deficiencies, water damage, and other risk factors.
RealView Imaging raises $10M for medical holograms system. “Spending most of my career in Medical Imaging, I envisioned that holography will become a major tool in therapeutic medical procedures, supporting the required accuracy and minimizing errors,” explained Dr. Morry Blumenfeld, Venture Partner at OurCrowd and formerly Managing Director of GE Healthcare Israel.
Watch: GWU Hospital doctor’s new research of COVID-affected lungs using virtual reality, featuring Surgical Theater.
Israel is spearheading a ‘Bio-convergence’ revolution – Check out this post from the IIA’s Anya Eldan, regarding Bio-convergence – explaining why Israel’s life science sector is going to boom.
Increasing global access to medical innovation requires more than shipments of medicine and technology to communities in need of extra support. It requires innovators to consider elements of accessibility such as timeliness, affordability, durability, and storage requirements. Read up on Creating Global Access to Medical Innovation which we heard about at the OurCrowd Pandemic Innovation Conference, from Dr. Ruth Atherton, Deputy General Counsel and Director of the Bill & Melinda Gates Foundation.
How have events professionals fared during COVID-19? See how event professionals adapted to the new normal in this Forbes piece, featuring insights from a study conducted by HoneyBook.
Watch the Latest from OurCrowd
“I have been doing this now for 35 years… this is unlike anything I’ve ever seen before. I detest when people use the word unprecedented but I am going to use it,” said Scott Bessent, CEO and Chief Investment Officer at Key Square Group, at the OurCrowd Pandemic Innovation Conference, regarding the coronavirus pandemic. Read about investing in a time of crisis or rewatch the session.
Looking to Connect
Search and filter through OurTalent to find your next challenge.
Flipstarter Campaign Launched to Create Viral BCH Videos for Normies
Bitcoin Cash (BCH) advocate and CEO of BitcoinBCH.com, Hayden Otto, has launched a fundraising campaign to create viral videos promoting BCH to mainstream audiences — after failing to win over crypto converts to the cause.
The last video produced by Otto garnered more than 100,000 views across various social platforms. He was also behind a controversial viral video last year showing a Bitcoin double spending exploit of the Binance-backed TravelbyBit payment network
The campaign aims to raise 650 BCH (nearly $180,000) and has garnered 192.52 BCH (roughly $53,000) in donations already in the first 48 hours.
The campaign is hosted on Flipstarter, a BCH-powered fundraising platform that has facilitated more than 2,900 BCH worth of contributions toward various initiatives in support of Bitcoin Cash development.
The funds will be used to create videos with a budget of either $5,000 or $10,000 each to be posted to Youtube, Lbry.io, and Bitchute, alongside other “alternative streaming sites.”
Fund marketing, not development
Otto told Cointelegraph he decided to start the campaign after noting several BCH supporters “saying that they would prefer to donate to Bitcoin Cash marketing rather than development.”
Otto has spearheaded numerous marketing initiatives for BCH over the past three years, including “producing video content for online audiences, […] running meetups, or putting up signs/billboards.”
Otto asserted that financial support from the community would allow him to “supercharge” his promotional efforts.
BitcoinBCH.com’s fleet of promotional vehicles
Otto emphasized the importance of exposing non-crypto-native audiences to Bitcoin Cash, telling Cointelegraph: “One mistake Bitcoin Cash supporters have made is that they have attempted to convert people to Bitcoin Cash that are already involved in cryptocurrency and ingrained in their beliefs.”
“There has been some success with getting this type of person on board […], but the target audience is too small,” he said.
Otto added that many “people who are already involved in crypto […] are price speculators” who desire “to make a quick buck on hype and things that’ll never achieve any real-world adoption.”
“It is far more effective to target individuals and businesses who have not yet experienced cryptocurrency, which is like 99% of the people on the planet.”
The Bitcoin Cash community partnered with rapper Lil Windex to release a music video and single title Bitcoin Ca$h in 2018. The video has more than 1.5 million views on YouTube.
CROWDFUNDING FAVORITES! Featuring: UVMask, Omega Charger, ADV3NTURE Hoodie & Many More!
FINAL DAYS! UVMask is the next-generation reusable air purification and anti-pollution face mask with the most powerful UV-C technology on the market. Equipped with a passive air filter, and a groundbreaking patent-pending Sterile-Vortex active purification, it filters the air in real-time, providing all-day, 8-hour protection. This reusable, two-way protecting mask filters air pollutants, dust, smoke, droplets, pollen, and leaf mulch as you breathe.
Protect yourself NOW!
JUST LAUNCHED! Pocked-sized Omega Charger is the world’s first 200W Gallium Nitride (GaN) charger and also the world’s smallest 200W charger that is up to 66% smaller than traditional chargers. It has 4 high power charging ports in the size of 1!
The ADV3NTURE Hoodie brings back everyone’s favorite features and innovations in a more refined and durable version of our original hoodie. It’s designed to be your favorite everyday hoodie with comfort, stylishness, and quality at the forefront. It has innovative construction elements, like a three-panel hood, over-locking seams, and our proprietary French terry loop fabric.
Four features set this belt apart from all the others: replacing the 5 hole system with 32 adjustments brings a world of comfort and a whole new dimension of adjustability, the Kevlar Core ensures durability, vegetable tanning the leather, and you get to make your own size, so no chance of getting it wrong.
JUST LAUNCHED! Meet Wolf x Rose by Prophetik. These sustainable undergarments are made from the finest materials to protect your most intimate self, so you can wear them more and wash less. These undergarments are anti-bacterial, durable, and so soft.
The all-purpose O5-T features dual blend fabric covering the ins and outs of the t-shirt. It combines advanced sustainable material and cotton-like texture, allowing you to feel free no matter the occasion. It dries quickly, repels stains, and protects you from the sun’s UV rays.
Imagine signing a lease, emptying your savings account, building a kitchen, and rehabbing a space in down town Oakland right before a pandemic. This brand spankin’ new Chicano-owned cocktail bar and kitchen is ready for takeouts, they just need your help to get started!
Breeze is an easy-breathing anti-pollution mask that filters dust, pathogens, and allergens from the air you breathe. It is equipped with inherently antimicrobial silver galvanic filters, face cooling technology, exhaled air filtration, and “clear sound” valves for phone calls. It’s comfortable, reusable, washable, and long-lasting.
Jigsaw Puzzle Coffee Table from Unnecessary Inventions is the first and only coffee table that can’t actually be used until you solve the jigsaw puzzle surface. Have fun building a table for once and have an interesting conversation piece.
After nearly two years, Spinnerette returns in her next epic adventure: Big Trouble in Little Ohio, the seventh collection of the Spinnerette comic series! With stories from creator Krazy Krow as well as Silent Sheppard and art by the talented team of Pablo Rey and Noelia Sequeida, you’ll definitely want to pick up this latest volume!
Meet Skadu, the new hand-held power scrubber that effortlessly cleans even the most stuck up grime on any surface in your home. The lightweight ergonomic design lets you catch a comfortable hold, while the three rotating power scrubbers make scrubbing fast and fun!
JUST LAUNCHED! Turn your home gym into a personal training experience. Easily stay accountable with the AI, which automates rep counting and knows when to push you further, even providing feedback on your technique. Plus, it’s a clean design with a small footprint.
DuraPik is a reusable, zero-waste dental pick made from recycled, surgical-grade stainless steel that’s built to last. DuraPik even comes with a Lifetime warranty. This beautiful, timeless, ergonomic design fits right in the palm of your hand – and, when necessary, between your teeth.
Honk Happy is an easy to install car horn that makes a different sound from your regular car horn to alert drivers, pedestrians, bikers, and more to give them a more polite “excuse me” or “thank you” honk. It communicates the way we do.
Work uninterrupted and boost your productivity with the BusyBox™ wireless status sign. Choose the best message to let everyone in your house know to not bother you. With just a click on the app, immediately create an interruption-free zone for as long as you need.
Billtrust Unveils Business Payments Network 3.0; Announces Record Volumes & New Partnerships
Billtrust, a fintech firm focused on B2B payment cycle management, announced on Monday the launch of its Business Payments Network (BPN) 3.0, which offers support for ACH and wire. According to Billtrust, the new version gives network participants the “flexibility” to automatically transact through the modalities they prefer.
“Released to Billtrust customers this week, BPN 3.0 furthers its ability to digitize commercial transactions for participants by adding support for ACH and wire transactions. While traditional ACH and wire payments often settle without the remittance details suppliers need to apply and reconcile transactions, BPN is taking a new approach to ensuring every payment arrives with data.”
Billtrust also reported that the network, which is in collaboration with Visa, has seen a 118% increase in payments volume in the first half of 2002, compared to the first half of 2019. Visa clients including Heartland Financial USA, Inc., M&T Bank and Regions Bank have notably begun participating in BPN in the first half of 2020. While sharing more details about the network and its partners, Flint Lane, Billtrust Founder and CEO, stated:
“Digital payments from buyers can often lead to more manual work for suppliers, whether it be extracting payment details from emails and web portals, or reconciling potentially hundreds or thousands of settlements that do not carry remittance information. The organizations partnering with Billtrust and Visa that are taking advantage of BPN are truly making digital payments touchless for both buyers and suppliers.”
Kevin Phalen, global head, Visa Business Solutions, added:
“The network’s growth and its innovative features further solidifies our ability to enable financial institutions and fintech partners seeking ‘last mile’ capabilities to gain increased supplier electronic B2B payments acceptance now when the demand for digital B2B payments is more critical than before.”
Founded in 2001, Billtrust claims to be the premier provider of Payment Cycle Management, helping businesses accelerate Invoice-to-Cash. The company provides a flexible, automated invoice-to-cash solution that meets diverse buyer requirements and speeds cash application through tailored invoice delivery, secure multi-channel payment enablement, and intelligent matching and payment posting.
SEMI Partners with GLOBALFOUNDRIES to Offer Apprenticeship Program Aimed at Building the Electronics Talent Pipeline
Materials science researchers develop first electrically injected laser: The diode laser uses semiconducting material germanium tin and could improve micro-processing speed and efficiency at much lower costs
Advance in programmable synthetic materials: Reading sequence of metal atoms in MOFs allows encoding of multiple chemical functions
Invest 3% in Bitcoin to Avoid COVID-19 Lockdown Devaluation — BitGo CEO
Cointelegraph Launches Newsletter for Professional Investors
Bitcoin Cash short-term Price Analysis: 12 August
Token Launches From Ethereum to Telegram: Where Do We Go From Here?
Enterprise VR Hardware Specialist Varjo Raises $54 Million in Latest Funding Round
Grayscale Bitcoin Trust Saw Surge in Investor Interest After March
VeChain & Oxford Announce New Framework to Assess Consensus Protocols
Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause
Evening Reading – August 11, 2020
Chainlink: Traders under zero loss, but why?
The Babylon Project: A Blockchain Focused Hackathon with a Commitment to Diversity & Inclusion
Varjo Raises $54M Financing to Support Its Retina-Quality VR/AR Headsets for Enterprise
Ethereum, Zcash, Dogecoin Price Analysis: 12 August
Peer-to-Peer Exchange CryptoLocally Now Offers Instant Credit Card Payment
Cardano (ADA) Holds On to Crucial Support By a Thread
Bitcoin Creates Double-Top After Failing Close Above $12,000
DeFi Farmers Rush to Yam and Serum for Explosive Yields
Copper Foil Market Size Worth $10.3 Billion By 2027 | CAGR: 9.7%: Grand View Research, Inc.
Corundum Market Size Worth $3.5 Billion By 2027 | CAGR: 4.0%: Grand View Research, Inc.
Mozilla is Shuttering its XR Team Amidst Major Layoff, But ‘Hubs’ Will Continue
New Energy Challenger, Rebel Energy, Places Blue Prism Digital Workers at the Heart of its Launch Plans
Teknosa grows by 580 percent in e-commerce and pulls its operating profit into positive territory in Q2, despite the pandemic
Novo Ventures Portfolio Company F2G Closes US$60.8 Million Financing
F2G Closes US$60.8 Million Financing to fund late stage development of novel mechanism antifungal agent
LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW
Putin’s plan for Russia’s coronavirus vaccine is at ‘high risk of backfiring,’ expert says
UK enters recession after GDP plunged by a record 20.4% in the second quarter
Another Steam Game Festival Is Coming In October
Top 25 Nationally Ranked Carr, Riggs & Ingram (CRI) Welcomes Cookeville-Based Firm, Duncan, Wheeler & Wilkerson, P.C.
Avast plc Half Year Results For The Six-Months Ended 30 June 2020
Russian hackers steal Prince Harry and Meghan Markle photos via Cyber Attack
Oddworld: New ‘N Tasty Coming To Switch In October
Linkin Park’s Mike Shinoda Is Writing A Song For Gamescom 2020
Texas School District experiences DDoS Cyber Attack
‘EVE: Echoes’ from CCP Games and Netease Is Now Available Early on the App Store, Servers Go Live Tomorrow
Hans Zimmer Created An Extended Netflix “Ta Dum” Sound For Theatres
Everything you need to know about the Exxus Snap VV
Gaming5 days ago
Server status – Is Fall Guys down?
AI1 week ago
How to Purchase a Future Tech Company
Esports1 week ago
The best loadouts for the ISO in Call of Duty: Warzone and Modern Warfare
AI6 days ago
AI Machine Learning Efforts Encounter A Carbon Footprint Blemish
Blockchain1 week ago
Ethereum DeFi’s Ampleforth (AMPL) Drops 20% Despite “Whale” Accumulation
AI1 week ago
Playstation Assist- Sony’s brand new smart assistant
AR/VR1 week ago
Extended Reality- Immersive Experience
Automotive1 week ago
What did you do during lockdown? Right, you were playing ‘Grand Theft Auto’