Accel

TDK Ventures announces DX Week 2023

Retrieved on: 
Thursday, April 27, 2023

DX Week 2023 is an opportunity for attendees to hear presentations and share insights, best practices, and visions with colleagues and industry partners of how digital technologies will make the earth more productive, inclusive, and sustainable.

Key Points: 
  • DX Week 2023 is an opportunity for attendees to hear presentations and share insights, best practices, and visions with colleagues and industry partners of how digital technologies will make the earth more productive, inclusive, and sustainable.
  • "During DX Week 2023, we'll explore the influence that automation, communication, advanced computing, sophisticated data analysis, and other breakthroughs will bear on manufacturing, computing, entertainment, and sustainability," said Nicolas Sauvage, president of TDK Ventures.
  • DX Week 2023 includes three separate sessions set in the top tech centers in the world, where diverse expert panelists will provide definitive insights into how digital technologies are changing the universe.
  • Partnering with TDK Ventures in presenting DX Week 2023 are co-partners Playground and Accel, and partners Sony, Mitsubishi, Yamaha Motor Ventures, and Evoexus.

TDK Ventures announces DX Week 2023

Retrieved on: 
Thursday, April 27, 2023

DX Week 2023 is an opportunity for attendees to hear presentations and share insights, best practices, and visions with colleagues and industry partners of how digital technologies will make the earth more productive, inclusive, and sustainable.

Key Points: 
  • DX Week 2023 is an opportunity for attendees to hear presentations and share insights, best practices, and visions with colleagues and industry partners of how digital technologies will make the earth more productive, inclusive, and sustainable.
  • "During DX Week 2023, we'll explore the influence that automation, communication, advanced computing, sophisticated data analysis, and other breakthroughs will bear on manufacturing, computing, entertainment, and sustainability," said Nicolas Sauvage, president of TDK Ventures.
  • DX Week 2023 includes three separate sessions set in the top tech centers in the world, where diverse expert panelists will provide definitive insights into how digital technologies are changing the universe.
  • Partnering with TDK Ventures in presenting DX Week 2023 are co-partners Playground and Accel, and partners Sony, Mitsubishi, Yamaha Motor Ventures, and Evoexus.

Accel Research Sites Network acquires 2 new locations

Retrieved on: 
Thursday, April 20, 2023

Accel Research Sites Network has always been dedicated to bringing innovative treatments to a variety of patients through cutting-edge clinical trials.

Key Points: 
  • Accel Research Sites Network has always been dedicated to bringing innovative treatments to a variety of patients through cutting-edge clinical trials.
  • The clinical trial leader announced the acquisition of two new site locations in Ormond Beach, Fla., and Edgewater, Fla, bringing the company’s total number of sites to 25.
  • The sites—Ormond Medical Arts (OMA)-Pharmaceutical Research Center, formerly Complete Health Research—will now be known as Accel Research Sites Ormond Beach and Accel Research Sites Edgewater.
  • “Our mission and vision centers around patients, partners and people,” said Lora Parahovnik, CEO of Accel Research Sites.

EcoSoul Home Inc. announces USD 10 million - Series A round led by Accel and Singh Capital Partners

Retrieved on: 
Wednesday, April 19, 2023

BELLEVUE, Wash., April 19, 2023 /PRNewswire/ -- EcoSoul Home Inc., a category-leading start-up in the eco-friendly home essentials products space, has raised USD 10 million to wrap up its Series A round.

Key Points: 
  • BELLEVUE, Wash., April 19, 2023 /PRNewswire/ -- EcoSoul Home Inc., a category-leading start-up in the eco-friendly home essentials products space, has raised USD 10 million to wrap up its Series A round.
  • This round is led by Accel and saw the participation of Singh Capital Partners.
  • It has established itself as a leading player across key e-commerce platforms and retail banners in multiple product categories.
  • EcoSoul is taking advantage of this demand and leveraging the Asian supply chain to offer eco-friendly products at affordable price points.

XFactor.io Acquires DecisionLink to Deliver Comprehensive Suite of Go-to-Market Solutions

Retrieved on: 
Monday, April 17, 2023

SAN FRANCISCO, April 17, 2023 /PRNewswire/ -- XFactor.io, the AI-powered go-to-market platform, today announced the acquisition of DecisionLink, the leader in secure, SaaS-based customer value management solutions. The integration of the two platforms will support XFactor.io's mission to build, scale, and deliver the most comprehensive suite of go-to-market solutions.

Key Points: 
  • The integration of the two platforms will support XFactor.io's mission to build, scale, and deliver the most comprehensive suite of go-to-market solutions.
  • "Acquiring DecisionLink comes down to one core goal: revolutionizing the go-to-market process," said Mike Carpenter, CEO at XFactor.io.
  • We're bringing two innovative and technologically-aligned solutions together to provide enterprises with the most comprehensive intelligence required to drive consistency and enable hypergrowth.
  • XFactor.io combines this data under one platform to better communicate a technology solutions business impact to the audiences that matter."

Spendflo raises $11 million Series A led by Prosus Ventures and Accel to Bolster all-in-one SaaS Buying and Management Solution

Retrieved on: 
Tuesday, April 4, 2023

Spendflo , an all-in-one SaaS buying and management solution, today announced the completion of an $11M Series A fundraising round led by Prosus Ventures and Accel.

Key Points: 
  • Spendflo , an all-in-one SaaS buying and management solution, today announced the completion of an $11M Series A fundraising round led by Prosus Ventures and Accel.
  • It comes just ten months after its seed round, bringing the total funds raised to $15.4 million from investors, including Prosus Ventures, Accel, Together Fund, Signal Peak Ventures, and Boldcap Ventures.
  • In a statement, Dinesh Katiyar , Partner at Accel, said, “Spendflo has evolved from a SaaS buying solution into an all-in-one platform.
  • Originating first as a SaaS buying point solution to save costs, Spendflo is now an all-in-one platform to buy, manage and secure SaaS.

Next-Generation Commerce Platform Kite Closes on $200 Million of Equity, Announces Rob Solomon as Co-Founder & CEO

Retrieved on: 
Monday, April 10, 2023

NEW YORK, April 10, 2023 /PRNewswire/ -- Kite, a next-generation commerce company specializing in scaling high-potential brands, announced today that it has closed on a commitment of $200 million in equity from funds managed by Blackstone and founding partner Juxtapose. The company will be led by Rob Solomon, former CEO and Chairman of GoFundMe, who brings over two decades of experience in product and business development, operations management, M&A, and brand launches to his role as Kite Co-Founder and CEO.

Key Points: 
  • Kite is an "every channel" commerce platform designed from the ground up to support digital-first consumer product brands.
  • "Today, entrepreneurial brands aren't set up to thrive because commerce infrastructures are siloed, fragmented, and inefficient," said Solomon.
  • As the platform matures and expands, we will refine our ability to make data-driven strategic decisions to intelligently scale our brands."
  • "Under Rob Solomon's leadership, Kite is building a world class team and commerce platform to reimagine how the best emerging brands scale to reach more customers, design inspired products and deliver sustainable growth."

Germany Social Commerce Market Intelligence Databook 2023: A $24+ Billion Market by 2028 - Rising Inflation and Surging Cost of Living is Projected to Impact Short-term Growth

Retrieved on: 
Friday, March 24, 2023

Social commerce industry in Germany is expected to grow by 17.2% on annual basis to reach US$12273.6 million in 2023.

Key Points: 
  • Social commerce industry in Germany is expected to grow by 17.2% on annual basis to reach US$12273.6 million in 2023.
  • However, other factors, including product exclusivity, ease of purchase, and influencer marketing have also led to the growth of social commerce.
  • More and more retailers are looking to tap into the growth opportunity offered by the social commerce sector in Germany.
  • Germany Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
    Germany Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
    Germany Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2019-2028

Inspectorio Named to the 2023 CB Insights' Retail Tech 100 List

Retrieved on: 
Tuesday, March 14, 2023

MINNEAPOLIS, March 14, 2023 /PRNewswire/ -- Inspectorio, the leading AI-powered SaaS solution for supply chain organizations, today announced that it has been named to the CB Insights third-annual Retail Tech 100, which showcases the 100 most promising private retail tech companies in the world.

Key Points: 
  • The leading supply chain management platform recognized for helping brands, retailers, suppliers and factories improve quality, environmental and social compliance, and on-time delivery rates
    MINNEAPOLIS, March 14, 2023 /PRNewswire/ -- Inspectorio , the leading AI-powered SaaS solution for supply chain organizations, today announced that it has been named to the CB Insights third-annual Retail Tech 100 , which showcases the 100 most promising private retail tech companies in the world.
  • Inspectorio was recognized for its product suite – including its core solutions Inspectorio Sight, Inspectorio Rise, and Inspectorio Tracking – which help brands, retailers, suppliers, and factories around the world improve supply chain efficiency, sustainability, and performance.
  • "This year's Retail Tech 100 was more competitive than ever.
  • Quick facts on the 2023 Retail Tech:
    Equity Funding and Deals: The Retail Tech 100 cohort has raised over $5B in equity funding across more than 500 deals since the start of 2019.

Pismo introduces digital lending functionality to its banking and cards platform

Retrieved on: 
Tuesday, March 7, 2023

BRISTOL, England, March 7, 2023 /PRNewswire/ -- Pismo, one of the world's fastest-growing banking Software-as-a-Service (SaaS) firms, has announced a new capability of its core banking and payments platform: digital lending.

Key Points: 
  • The cloud-native API-based solution offers embedded experience for BNPL, reduces costs and time-to-market
    BRISTOL, England, March 7, 2023 /PRNewswire/ -- Pismo , one of the world's fastest-growing banking Software-as-a-Service (SaaS) firms, has announced a new capability of its core banking and payments platform: digital lending.
  • Digital lending is part of Pismo's cloud-native and API-based platform.
  • Pismo was founded in Brazil and has deep experience developing and implementing banking and cards solutions for digital banks and large financial institutions, including Itaú, BTG Pactual, and N26.
  • "Pismo's digital lending extends our platform capability and enables customers – both new and existing – to augment their banking and card operations with a lending product that matches both the scale and time to market that our customers have come to expect," adds Juliana.