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Pencil partners with BigCommerce & Meta to bring AI-generated ads to ecommerce merchants

Pencil

Creative AI company Pencil has partnered with new-era ecommerce platform BigCommerce to provide their merchants with the latest innovation in online advertising for ecommerce, AI-generated ads. Rather than spending hours in video editing software or engaging expensive professional agencies, BigCommerce merchants can now generate original video ads to pitch their businesses in just a few clicks. Furthermore, AI-generated ads trained using data from advertisers’ Meta ad accounts via the Meta Marketing API have been shown to consistently double return on ad spend for brands and halve customer acquisition costs. BigCommerce merchants using Pencil’s AI-generated ads will be able to discover new audiences on Meta’s platforms and grow their businesses faster. Matt Dornfeld, Director of Business Development at BigCommerce commented: “As part of our mission to help merchants sell more at every stage of growth, we are delighted to welcome Pencil into our partner ecosystem. We’ve seen that ecommerce marketers across the board know that great advertising creative is an important lever to growing their businesses. We’ve also seen that they consistently find it challenging to execute at scale. We are therefore excited to see Pencil offer BigCommerce merchants powerful AI tools to generate ad creative, thus unblocking a key driver of sales growth.” Pencil’s AI-generated ads work because they prioritize both creativity and data. When a merchant connects their BigCommerce store, Pencil analyzes their brand and product information and generates a wide variety of ad ideas to pitch their products. When a merchant then connects their Meta advertising data, Pencil compares the newly generated ideas to what’s worked well in the past. Those ideas similar to past winners are highlighted to the merchant. In this way Pencil helps merchants learn what works while continuously exploring fresh new creative ideas that might resonate with audiences. Pencil analyzed over 100 ecommerce campaigns that used AI-generated ads and found the best ads delivered an average return on ad spend (ROAS) 2x that of other ads the brands were running. One brand’s AI-generated ad campaign delivered 7x higher ROAS. Will Hanschell, CEO and co-founder of Pencil commented: “BigCommerce is an incredibly innovative ecommerce platform used by major midmarket and enterprise brands around the world. This direct integration removes one of the biggest frictions they experience - turning the product images and videos in their stores into ads that deliver sales. We are very excited to partner with BigCommerce to further enable brands to build their businesses online.” This partnership announcement comes hot on the heels of Pencil joining Meta’s Business Partners, a program that connects businesses to an ecosystem of advertising specialists. More than 200 million businesses worldwide use Meta’s apps to connect with customers and grow, and over 10 million of them run advertising campaigns each month. Pencil leverages proprietary technology to generate video, derive insights and make predictions, as well as integrating the OpenAI API to generate ad copy. The OpenAI API provides access to GPT-3, one of the world’s most powerful language models. Its use requires strict criteria in AI safety and ethics. About Pencil Pencil is a Creative AI company on a mission to generate unexpected ideas that get results. Pencil generates ads that learn to perform, delivering the return on ad spend that helps brands scale their businesses. Pencil’s AI-generated ads are a new way of making ads that algorithmically optimise for creative novelty, brand relevance and return on advertising spend. It always starts from a human brief and it always involves total human editorial control. Pencil’s Creative AI platform generates ads in minutes and has been shown to double returns for brands. Pencil was founded in 2018 with a team from Google, Meta and Uber and is backed by Sequoia Capital India’s Surge, Wavemaker Partners, Singapore Innovate and Entrepreneur First. For further information visit: https://www.trypencil.com About BigCommerce BigCommerce (Nasdaq: BIGC) is a leading open software-as-a-service (SaaS) ecommerce platform that empowers merchants of all sizes to build, innovate and grow their businesses online. BigCommerce provides merchants sophisticated enterprise-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries use BigCommerce to create beautiful, engaging online stores, including Ben & Jerry’s, Molton Brown, S.C. Johnson, Skullcandy, SoloStove, Ted Baker and Vodafone. Headquartered in Austin, BigCommerce has offices in London, Kyiv, San Francisco, and Sydney. For more information, please visit https://www.bigcommerce.com or follow us on Twitter, LinkedIn, Instagram and Facebook. About Meta Business Partners Meta Business Partners are companies Meta has vetted for their expertise. They have the experience to help grow advertisers’ business – from running ads, to selling products, to engaging with customers. For more information visit: https://www.facebook.com/business/marketing-partners Contact Details Pencil Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.trypencil.com/

May 17, 2022 09:00 AM Pacific Daylight Time

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Verità Announces Acquisition of Nomad Tower Services LLC and $6 Million Investment in New Facility

Verità Telecommunications Corporation

Verità Telecommunications has acquired Nomad Tower Services LLC in Romulus, Michigan. Nomad executes a full range of microwave and cellular network deployment services in Michigan and the Midwest states. Moving forward, Nomad Tower Services, LLC. will operate as a division of Verità. Along with the purchase of Nomad, Verità is moving ahead with a $6 million dollar investment in a new facility in Wayne County. The move directly aligns with Verità’s mission to support the growing needs of the Great Lakes and Midwest States that will ultimately bridge the digital divide. Verità has planned a $6-million investment at a 10-acre site that will include a 40,000 -60,000 sq. ft. facility to support the company’s continued growth and advancement. The acquisition of Nomad Tower Services LLC. extends Verità’s offerings by adding turnkey tower services and an additional 10 crews to keep Verità on-track for building the infrastructure for reliable internet access throughout the Great Lake states and Midwestern states. With the addition of Nomad Tower Services LLC., Verità is now a full spectrum telecom company, providing customers with a full suite of services from design to final tower implementation. “The next 2 years we are growing our crews from 6 to 16 for this initiative, upgrading existing towers, 5G network and building new towers. A growing work force includes 10 additional teams, that equate to 50 new employees, working to a common goal of bridging the digital divide.” added Verità President, Michael Falsetti. “Verità will provide a single-source solution and differentiating advantage to our clients, carriers; AT&T, Verizon, T-Mobile and Dish, getting them into the market ahead of the competition and ultimately a part of the solution for the digital divide”, says President, Michael Falsetti. Verità is projecting an increase of revenue from $10 million to $25 million in this division with a forecast of $100 million for next year. The expansion advances the opportunity for economic growth in Wayne County, as well as Verità’s service offerings. The integration of services and talent fuel the vision for this major initiative with various carriers to build out their sites with 5G, including the rural areas throughout the decade to provide meaningful internet connectivity. The larger team and turnkey addition of services provides flexibility that supports growth and development creating job diversity, employee advancement and career opportunities. “We take pride in providing a culture that supports relationships and becoming a part of Verità as a family-oriented business. We put relationships first and value personal relationships with our team and customers. We are excited to be a part of Verità’s extended family” said Kylar Damon, Nomad Tower President. The Verità Way will chart a course for our clients and employee advancement and success. “Together we will build meaningful connectivity through access to reliable internet while supporting job growth in the Great Lakes States with a career that can advance with Technology.” About Verità Telecommunications Corporation Plymouth, Michigan-based Verità Corporation is a turnkey telecommunications contractor offering a one-stop-shop for design and construction of telecommunications networks. Verità provides tomorrow’s communications infrastructure today. Learn more about The Verità Way™ in thought, action, and operation at veritacorp.com. Contact Details Douglas Marketing Group Kay Douglas +1 248-940-8004 kdouglas@experiencedmg.com Amanda Iera +1 313-571-1858 aiera@experiencedmg.com Company Website https://veritacorp.com/

May 17, 2022 11:56 AM Eastern Daylight Time

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Coinshift Closes $15 Million Series A Led by Tiger Global

Coinshift

Cash management company announces roadmap to build cutting-edge multichain treasury infrastructure for Web3 Coinshift, leading treasury management and infrastructure platform that enables DAOs and crypto businesses to manage cash reserves, announced its $15 million series A funding round and its roadmap for building a novel full-service treasury management solution in the industry. The series A funding round is led by Tiger Global and joined by Sequoia Capital India, Ryan Hoover (Founder of Product Hunt and the Weekend Fund), Alameda Ventures, Spartan Group, Ethereal Ventures, Alpha Wave Capital, Hash key Capital, Quiet Capital, Polygon Studios, Volt Capital and 300 and more angels and operators in crypto and fintech. Coinshift has undergone rapid growth since its launch in June 2021, managing more than 1000 safes, $1.3 billion in assets, and $80 million in payouts for organizations like Consensys, Messari, Biconomy, Uniswap, Perpetual Protocol, Balancer and many others. Coinshift Founder and Chief Executive Officer Tarun Gupta, commented, “Today, a new chapter of the Coinshift journey begins. We are unveiling a glimpse into our platform’s second version, through which we share our vision to build the most sophisticated multichain treasury infrastructure for Web3. The fact that our investors have returned to participate in a series A funding round is a testimony to the quality of our platform and the timely solution we offer to fill the current needs in the market.” Coinshift’s version 2 was built and designed in close collaboration with the industry’s leading Decentralized Autonomous Organizations (DAOs). Coinshift’s version 2 will allow users to manage multiple Gnosis Safes for multiple chains under one organization to enable significant time saving and transparency in treasury operations. The major architectural change between Coinshift version 1 and Coinshift version 2 is that users can add multiple safes to a single organization across multiple chains, whereas in version 1, one safe address was tied to one organization, in Coinshift’s feature-rich version 2 architecture, treasury managers and sub-DAO committees will be able to efficiently consolidate all their safes across networks and seamlessly visualize overall treasury balances. In addition, users will have global access to payees, labels, budgets, reporting, and advanced access level control between safes. “With Coinshift’s version 1, our team has done an incredible job of building a sophisticated mass payouts platform. With our version 2, we are taking a massive leap forward to enable DAOs of any size, to manage their treasury. But we’re just getting started, and we are excited for the opportunity that lies ahead as we work toward building the most sophisticated next-generation cryptocurrency treasury management platform.” Investor Quotes Tiger Global: “We’ve been impressed by the pace of product development at Coinshift since we met Tarun and the team. It’s clear there is a huge need for crypto native treasury management and payments, and we are excited to back Coinshift as they roll out the next iteration of the platform,” said Alex Cook, Partner, Tiger Global." Alameda Ventures: "Excited to observe Coinshift leading the infrastructures to bring simple, flexible, and efficient DAO/treasury management tool into a wider audience." said Adam, partner of Alameda Ventures. Notable individual investors include: Ryan Hoover (Founder of Product Hunt and the Weekend Fund ) Sandeep Nailwal — Co-Founder and COO, Polygon Shiva Rajaraman — VP at Opensea Prabhakar Reddy — Founder of FalconX Scott Belsky — CPO Adobe and Founder of Behance Lenny Rachitsky — Previously Product Manager, Airbnb Utsav Somani — Iseed and Head of Angelist India Shaan Puri — Previously Director of Product, Twitch About Coinshift Coinshift is leading treasury management and infrastructure platform that enables DAOs and crypto businesses to manage cash reserves, general financing, and overall risk. Coinshift provides a single and easy-to-use solution that facilitates and manages treasury operations in an efficient manner. Coinshift is built on the Gnosis Safe, allowing clients to utilize its core pay-out features to manage payments, engage in collaborative multi-signature transactions, and save up to 90 percent on gas fees. We extend Gnosis Safe functionality with additional reporting features, on Ethereum and Polygon, allowing users to save time and reduce operational and gas costs. Contact Details Coinshift Tarun Gupta, CEO tarun@multisafe.finance

May 17, 2022 10:26 AM Eastern Daylight Time

RMRK Token Granted Sufficiency and Made Available on Ethereum

RMRK

The RMRK token, a token native to the revolutionary NFT 2.0 protocol on Polkadot, has been granted sufficiency on the Statemine common good chain, allowing payments to be made in that token rather than the chain's native token (KSM). Additionally, it is now available on the Ethereum network through the Multichain bridge. Sufficiency The self-execution of a code-change enacted by on-chain governance of the Kusama network, Polkadot's wild cousin, took place on May 16th after being voted in on May 8th, and marks a historic precedent: for the first time, a non-native token can be used to pay transactions on the Statemine common-good parachain (blockchain connected to the Kusama relay-chain). This news follows other firsts for the RMRK token, including being the first Statemine token to be listed on a centralized exchange, and the first chainless Polkadot-ecosystem token to be transferable to no less than 3 different parachains. As a reminder, Statemine is a common-good parachain that does not have to participate in the chain auction model, and instead occupies a permanent slot connected to the Kusama relay chain, forever enjoying the relay's economic security. Statemine's purpose is to be a lightweight balance-keeping ledger of basic fungible and non-fungible tokens. To be able to receive and send tokens on Statemine, accounts need to be initialized with some KSM - Kusama's native token - and use KSM for transaction fees. This is to prevent spam on the chain. RMRK's performance in markets despite the bear market turn coupled with growing utility, increasing community growth, and integration across most of Polkadot's connected parachains shows a clear demand for the token and was instrumental in the community's vote to make it sufficient. From May 16th, 2022, it is therefore no longer necessary to pay transaction fees in KSM or have KSM deposits in accounts to use the RMRK token on Statemine. This makes integration with centralized exchanges much simpler and enables use cases such as trading and minting NFTs using RMRK as a currency, directly on the chain level. Ethereum Availability RMRK has been added to Multichain's list of bridgeable currencies and is now available for trading on the various decentralized exchanges in the Ethereum ecosystem. This move is part of a broader expansion into EVM (Ethereum-virtual-machine) blockchains with the recent publication of the RMRK team's newest upcoming NFT standard: multi-resource NFTs as a drop-in replacement for ERC721 which will be published for the general public discussion this week and has been battle-tested in production on Kusama, RMRK's originating chain, for a year. About RMRK RMRK is a set of NFT 2.0 standards, legos that can be put together into a system of evolving, mutually compatible NFTs with dynamic rarity. Read more about the unique concepts that RMRK introduces in their docs. Contact Details RMRK Bruno Škvorc, Founder marcomms@rmrk.app

May 17, 2022 10:21 AM Eastern Daylight Time

Telos Offers Fast-Tracked Grants To Support Terra Developers

Telos Foundation

The Telos community offers its sympathy and full support to Terra developers for the hardships endured during this tumultuous period. In light of this, Telos welcomes all Terra dApps to join the 12 million TLOS Ignite grant and ventures program. The team will fast-track applications from Terra dApps seeking refuge with investments, marketing support, and technical assistance. Terra developers are encouraged to communicate with Telos' team via Discord, Telegram, or apply for a grant directly through the following link: https://ignite.telos.net “We feel for the talented teams and projects that have fallen victim to the collapse of Terra. We know many of you are long-term builders of the Web 3 future, and for those that are looking for a blockchain that shares your long-term vision, you will find an amazing home at Telos.” AJ Dinger, Telos Head of Business Development If the abundance of congested, pausing, and, more recently, failing blockchain networks has taught us anything, it's that dApp developers must choose wisely when finding a home to deploy their dApps. The Telos Mainnet has been live with zero downtime since 2018, can finalize a billion transactions per day with zero carbon footprint, and is home to the world's most robust EVM. We look forward to working with LUNA developers to help foster uncharted growth with the support of our team and a purely grassroots community. About Telos Live since 2018, Telos Blockchain (ticker: TLOS) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper, and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running and, more uniquely, offers a path to fee-less transactions via its robust native C++ smart contract support. Even while operating as a Net Zero Blockchain, Telos still sustainably supports hundreds of millions of transactions per day, produces blocks in 0.5 second intervals (on a first-in-first-out basis, eliminating front running on the network), and securely validates transactions via a credibly neutral and globally decentralized block producer network. As a result, the Telos blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 landscape better than any other blockchain in existence. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

May 17, 2022 10:06 AM Eastern Daylight Time

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Intus Care Announces Technical Assistance and Consulting Services to Support PACE Programs in Achieving Better Participant and Organizational Outcomes

Intus Care

Intus Care, developer of an innovative predictive analytics platform designed for geriatric health, announced today they now offer Technical Assistance and Consulting (TAC) services. These services are aimed at helping PACE programs achieve growth, streamline operations, improve clinical outcomes, reduce unnecessary service utilization costs, and other functional strategies. Intus Care’s team of leading PACE experts will take a hands-on approach alongside PACE programs’ leadership teams and staff to execute and complete project work plans. Intus Care augments improvement projects with organizational data to assist in identifying valid issues and opportunities within a PACE program. “Everyone at Intus Care is personally invested in PACE’s mission of providing quality care to dual Medicare/Medicaid and special needs participants, and we share a vision with PACE to improve clinical outcomes through data and to grow their unique model of care across the country,” said Robbie Felton, chief executive officer, Intus Care. “We are proud to have cultivated a topnotch team comprised of PACE experts that will work hand-in-hand with our PACE partners to help them develop, optimize, and grow their programs.” PACE North in Traverse City, Michigan, has been one of the first programs to utilize Intus Care’s TAC services. Intus Care’s Chief Strategy Officer, Laura Ferrara, has worked closely with PACE North’s leadership team in preparation for their next CMS audit to facilitate new committees, manage interdisciplinary teams, and leverage data to identify the root causes of high utilization events and mitigate proactively. PACE North assisted five (5) participants who were experiencing recurrent falls to decrease falls by 81% between March and April of 2022 based on updated processes. ( See case study ). “By working with Intus Care, we’ve been able to translate data into actions in order to be more proactive when it comes to protecting at-risk participants,” said Michelle Reardon, quality assurance director, PACE North. “Intus Care’s team have provided us a practical, rather than theoretical, roadmap to success which is highly effective towards achieving better health outcomes for our participants.” Intus Care’s TAC services include (but are not limited to): CMS Audit Preparation, Mock Audit Proposals, and Remediation Quality, Compliance, and Utilization Management Program Development Operational Management and Growth The rollout of TAC services will help PACE programs across the country address organizational issues and implement strategies to incorporate the use of patient data into daily operations. Its technology is currently part of PACE plans in seven (7) states and it has recently entered a Letter of Understanding with the National Pace Association to pursue a strategic partnership. Contact us today to discuss what Intus Care can do for your PACE organization. About Intus Care Intus Care synthesizes data to improve care and reduce hospitalizations for some of the most socially vulnerable and clinically complex patients in today’s healthcare system – senior citizens. The company has created a unique data-driven predictive analytics platform designed for organizations such as PACE programs, nursing homes, long-term care facilities, and home care agencies. It easily integrates with existing electronic health records, claims, and financial software to automatically extract and analyze data. By highlighting participant risk and care-focused information, the Intus Care software empowers clinicians, nurses, and other care providers by informing decisions that improve outcomes. Learn more at http://www.intuscare.com/. Contact Details SVM Public Relations Jordan Bouclin and Erika Harris +1 401-490-9700 intuscare@svmpr.com Company Website https://www.intuscare.com/

May 17, 2022 10:00 AM Eastern Daylight Time

BreatheSuite Announces Latest Addition to Board of Directors

BreatheSuite

BreatheSuite Inc., a Canadian connected respiratory health company, today announced that Brad Fluegel officially joined the company’s Board of Directors. In his role, Fluegel will tap into his extensive digital health experience to provide feedback on how to support the company’s growth. “We welcome Brad to the BreatheSuite Board of Directors and look forward to leveraging his knowledge and experience in digital health as we continue to expand the BreatheSuite program,” said Brett Vokey, CEO of BreatheSuite. “We are excited to draw upon his background in commercial healthcare as we continue to work toward improving the lives of respiratory patients worldwide. Brad has exactly the experience we need to navigate the digital health ecosystem.” Before working as an advisor to healthcare organizations, entrepreneurs, and other participants in healthcare, Fluegel was most recently the senior vice president and chief healthcare commercial market development officer for Walgreen Co. based in Deerfield, Ill. He was responsible for all commercial healthcare activities, including sales and contracting, biopharma relationships, retail clinics, clinical affairs, new service development and market planning. Previously, he was chief strategy and business development officer for Walgreens, responsible for corporate strategy and business development. Prior to joining Walgreens, Fluegel served as executive in residence at Health Evolution Partners. Before that he was executive vice president and chief strategy and external affairs officer of Wellpoint (now Anthem), among the nation’s largest health benefits companies. While at Wellpoint, Fluegel was responsible for long-term strategic planning, government affairs, corporate communications including public relations, corporate marketing, corporate development, international expansion, innovation and new business ventures. Fluegel was senior vice president of national accounts and vice president, enterprise strategy at Aetna, Inc. In this role, he led the national accounts business and was responsible for developing and executing on strategies that expanded Aetna’s position as a leader in the large employer market. “I’m excited to join BreatheSuite, as digital healthcare has always been a passion of mine because of its ability to improve people’s lives,” said Fluegel. “I look forward to using my experience to help BreatheSuite achieve its mission to provide better, more transparent care for all people with asthma or COPD.” Fluegel is well versed in the complexities of business and healthcare and is also a lecturer at the University of Pennsylvania’s Wharton School of Business. He earned a master’s degree in public policy from Harvard University’s Kennedy School of Government and a Bachelor of Arts in business administration from the University of Washington. He serves on the Board of Directors of MJHS Health System in New York City, Performant Financial Corporation and Premera Blue Cross, among others. He was also on the board of Fitbit before its sale to Google in early 2021. Fluegel’s appointment to BreatheSuite’s Board of Directors comes on the heels of BreatheSuite’s Chief Scientific Officer, Dr. Meshari F. Alwashmi, joining the Forbes Technology Council. The company also recently announced that it secured a spot on the inaugural Canadian Business New Innovators List. About BreatheSuite BreatheSuite is a Canadian connected health company empowering people with chronic respiratory conditions live longer, healthier lives. The BreatheSuite program incorporates a smart inhaler sensor designed to track and train proper inhaler usage, a BreatheSuite App to gamify getting Asthma & COPD under control, as well as health coaches to support patients wherever they are on their journey. BreatheSuite works with leading partners across North America to deliver better care to people with chronic respiratory conditions. For more information visit www.breathesuite.com or contact info@BreatheSuite.com. Follow us on Twitter, and LinkedIn Contact Details SVM Public Relations Erin O’Brien +1 401-490-9700 erin.obrien@svmpr.com Company Website https://www.breathesuite.com/

May 17, 2022 10:00 AM Eastern Daylight Time

Underline Science Closes Pre-Series A Round To Further Advance Scholarly Research With The Growth Of The Digital Video Library

Underline Science Inc

Most industries have progressed from paper to all forms of content; how is it that one of our most essential industries, science, is staying behind. This is something Underline's founder doesn't understand, and therefore he will change it with the launch of the Underline Digital Video Library (DVL). With a considerable track record, this multi-accomplished founder is now taking on the big publishers in a way that hasn't been seen before as a premier aggregator of streaming scientific conference lecture video content. Together with his team of industry leaders, Underline is aiming to transcend the industry into the 21st century. The mission of Underline is to improve researchers' access to quality scientific conference lecture video content. Historically, if you did not attend a scientific conference, you would miss out on all of the conference's lectures. Underline's DVL contains 26,000+ videos (Health Sciences, Life Sciences, Engineering, Technology, Social Sciences, and Humanities). The video content from the world's prestigious scientific societies and universities, like IEEE, Endocrine, AIP, lecturers from MIT, Harvard, Facebook, Google, etc. Each video is complete with abstract, English transcription, bio, picture of the author, and most importantly, a DOI (digital object identifier), which ensures that the video can be searched and discovered. Today, the company announced that it had raised a $2.5 million Pre-Series A round of funding, led by South Central Ventures and the Dutch Founders Fund. As a result, Mr. Jure Mikuz (South Central Ventures) and Mr. Laurens Groenendijk (Dutch Founders Fund) will join the Underline Board of Directors. "With this new round of funding, we'll be able to enhance the Underline DVL features and content greatly. Further to grow the team and expand our go-to-market strategy," Underline CEO and founder Alex Lazinica said in a press release. "We are looking forward to increasing our penetration into the library, government and corporate, institutional subscription market." South Central Ventures, who led the round, Managing Partner Jure Mikuz, said, “Underline’s mission resonates with us very well as they are addressing a global opportunity of creating a library of global scientific video content. I believe they will be successful by facilitating their excellent execution skills and deep industry knowledge. We are very excited to join Underline on this journey.” Founding Partner Laurens Groenendijk of The Dutch Founders Fund states, " We believe that if Underline Science manages to tap into the apparent possible network effects, it can quickly grow to be the dominant player in science content aggregation. We at Dutch Founders hope to see “underlining become a verb”. If anyone is going to do it, We know a seasoned entrepreneur like Alex is. “ Underline's business model is an annual subscription fee for unlimited access to the entire Digital Video Library for the subscribing institution's community. About Underline Science Underline is the premier virtual conference platform for events in science, medicine, academia, and other professional fields. Underline’s mission is to capture and disseminate scientific knowledge through video, making it globally accessible by enriching and preserving both virtual and hybrid conference content. Underline’s groundbreaking scientific Digital Video Library is providing new opportunities to access and expand the scientific record and accelerate scientific discovery. For more information, visit the Underline website and follow Underline on Twitter. About South Central Ventures South Central Ventures is a VC investor with the longest presence in the Balkans. Operating out of four offices – Ljubljana, Zagreb, Belgrade and Skopje – the team has invested in about 40 early stage tech companies and has been an integral part of the local start up communities. With a strong base of international investors, South Central Ventures is a go-to investor for regional tech companies competing in global markets. SCV’s portfolio companies include Cognism, Celtra, Agrivi, Orgnostic and AdScanner, among others. About Dutch Founders Fund DutchFounders is an early-stage venture capital fund from Amsterdam, started by a group of successful Dutch entrepreneurs like Laurens Groenendijk (Just Eat, Treatwell, Miinto, Hiber), Patrick Kerssemakers (fonQ), Bas Beerens (WeTransfer), Hidde Hoogcarspel (Spacebuzz) and Remco van Zanten ( Booking, Zalando, Vinted and BCG). The fund specialises in marketplaces and companies with strong network effects. Since its launch in 2018, the fund has successfully invested in 16 companies. This includes: YourCampus, Shypple, Vintage Cash Cow, Lumaly, Blanco, Nostics, Reveall, Veylinx, Wonderkind, Voicebooking, Fleks, Minimum, Caya, Winc Academy, Buildstream and Tracedock (exited to CM.com). The total fund has almost €100 million assets under management. DutchFounders is a committed partner of Techleap’s Fundright initiative. ### Contact Details Underline Science, Inc. Darrell W Gunter +1 973-454-3475 darrell@underline.io Company Website https://www.underline.io/

May 17, 2022 09:30 AM Eastern Daylight Time

WellSaid Labs Named to the 2022 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups

WellSaid Labs

CB Insights today named WellSaid Labs to its annual AI100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world. "This is the sixth year that CB Insights has recognized the most promising private artificial intelligence companies with the AI 100. This year's cohort spans 13 industries, working on everything from recycling plastic waste to improving hearing aids," said Brian Lee, SVP of CB Insights’ Intelligence Unit. "Last year's AI 100 companies had a remarkable run, raising more than $6 billion, including 20 mega-rounds worth more than $100 million each. We’re excited to watch the companies on this year’s list continue to grow and create products and services that meaningfully impact the world around them.” “WellSaid Labs is extremely proud that CB Insights has again recognized our team as top in AI Media. This honor reflects WellSaid’s mission commitment to delivering the world’s highest quality AI voice for all by enabling content creators to easily generate engaging voice content for education, training and instructional videos for internal communications, consumer media and other creative business uses,” said Matt Hocking, CEO of WellSaid Labs. Utilizing the CB Insights platform, the research team picked 100 private market vendors from a pool of over 7,000 companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed thousands of Analyst Briefings submitted by applicants. In June 2020, WellSaid Labs' text-to-speech became the first to achieve human parity for naturalness on short audio clips across multiple voices. WellSaid Labs has rearchitected TTS to resolve business’ toughest content development problems and deliver an easy way for content creators — big or small — to develop all their desired content in one consistent voice. WellSaid Labs’ Voice Avatar library provides access to multiple read styles and tones anyone can use for their productions. Brands of all sizes can create their own AI Voice Avatars to spec — capturing the likeliness, style, and uniqueness of the voice needed to tell their stories the right way. Quick facts on the 2022 AI 100: Equity funding and deals: Since 2017, the 2022 AI 100 cohort has raised $12 billion+ from 650 investors, across 300+ equity deals. Unicorns: There are 16 companies with $1 billion+ valuations on the list. Geographic distributions: Seventy-three of the selected companies are headquartered in the US. Eight of the winners are based in the UK, followed by five in Canada. Other countries represented in this year’s list include India, Sweden, China, and Germany. About CB Insights CB Insights builds software that enables the world's best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com. About WellSaid Labs WellSaid Labs is the leading AI text-to-speech technology company and first synthetic media service to achieve human-parity in voice. Creators, product developers, and brands alike power up their stories and digital experiences with a wide variety of voice styles, accents, and languages — at scale. For more information go to www.wellsaidlabs.com Contact Details Faith Brewitt +1 603-686-0913 Faith@wellsaidlabs.com Company Website https://wellsaidlabs.com/

May 17, 2022 09:04 AM Eastern Daylight Time

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