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Petcube
Petcube is a technology company that designs and develops smart devices for pets which combine cameras with treat dispensers and laser pointer toys. History The company was founded in 2012 in Kyiv, Ukraine by Alex Neskin, Yaroslav Azhnyuk, and Andrey Klen. Typically for a startup, Petcube aimed to solve the problem the founders faced on their own: Neskin's dog Rocky suffered and misbehaved due to separation anxiety. Within two Kickstarter campaigns the project raised $250,000 in 2013 (becoming the best funded pet product by that time) and $315,000 in 2016. In 2017, Petcube announced a treat partnership with Wellness and acquised a Canadian pet-focused startup Petbot. In the following years, Petcube raised over $14 million in seed money and Series A financing from Y Combinator, Almaz Capital, Aventures, and other investors. Products Petcube offers three devices: ''Petcube Camera'', ''Petcube Bites'' with camera and a treat dispenser, and ''Petcube Play'' which features a la ...
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Almaz Capital
Almaz Capital is a global VC fund headquartered in Portola Valley, California, United States investing in early stage, capital efficient technology companies in high-growth sectors. Almaz Capital focuses on disruptive deep tech companies in b2b software space, including AI/ ML and Blockchain applications, IoT and Edge Computing Enablers, Cybersecurity, etc. Since its foundation the firm's portfolio has included about 50 companies, with more than 300 million US dollars invested in them. The fund's investors include European Investment Fund (EIF), Cisco, the European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC), a member of the World Bank Group. Almaz Capital is headquartered in Portola Valley, California, has an office in Berlin and representative offices in offices in Kiev (Ukraine), Warsaw (Poland) and other Central and Eastern European countries. Almaz Capital's partners are Alexander Galitsky, Geoffrey Baehr, Pavel Bogdanov, Cha ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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Technology Companies Established In 2013
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, industry, communication, transportation, and daily life. Technologies include physical objects like utensils or machines and intangible tools such as software. Many technological advancements have led to societal changes. The earliest known technology is the stone tool, used in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of more complex machines. Recent technological developments, including the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy. While technology contributes to economic deve ...
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Companies Based In San Francisco
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Manufacturing Companies Established In 2013
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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United24
United24 () is a Ukrainian government-run platform launched on 5 May 2022 to raise money for Ukraine in the Russo-Ukrainian War. History On 3 May 2022, the Prime Minister of Ukraine Denys Shmyhal announced that a platform for fundraising in support of Ukraine would be launched soon: On 5 May 2022, President of Ukraine Volodymyr Zelenskyy announced the launch of the United24 initiative, the first component of which is an online platform to raise funds to support the state. The funds raised are distributed in three areas: defense and demining, humanitarian and medical assistance, and reconstruction of Ukraine. All funds are transferred to the accounts of the National Bank of Ukraine and assigned to the relevant ministries: the Ministry of Defense, the Ministry of Healthcare, and the Ministry of Infrastructure. The reports on the platform are updated daily. In July 2022, United24 announced that it had raised US$166 million in donations since the creation of the initiative. ...
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Amazon Alexa
Amazon Alexa, also known simply as Alexa, is a virtual assistant technology largely based on a Polish speech synthesiser named Ivona, bought by Amazon in 2013. It was first used in the Amazon Echo smart speaker and the Echo Dot, Echo Studio and Amazon Tap speakers developed by Amazon Lab126. It is capable of voice interaction, music playback, making to-do lists, setting alarms, streaming podcasts, playing audiobooks, and providing weather, traffic, sports, and other real-time information, such as news. Alexa can also control several smart devices using itself as a home automation system. Users are able to extend the Alexa capabilities by installing "skills" (additional functionality developed by third-party vendors, in other settings more commonly called apps) such as weather programs and audio features. It uses automatic speech recognition, natural language processing, and other forms of weak AI to perform these tasks. Most devices with Alexa allow users to activate the devi ...
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Y Combinator (company)
Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe and Twitch. The combined valuation of the top YC companies was more than $300 billion by January 2021. The company's accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and has been entirely online since the start of the COVID-19 pandemic. ''Forbes'' characterized the company in 2012 as one of the most successful startup accelerators in Silicon Valley. History Y Combinator was founded in 2005 by Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell. From 2005 to 2008, one program was in Cambridge, Massachusetts, and one was in Mountain View, California. As Y Combinator grew to 40 investments per year, running two programs became too much. In January 2009, Y Combinator an ...
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Series A Round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their securi ...
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Seed Money
Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. Usage Traditionally, companies that have yet to meet listing requirements or qualify for bank loans, recognize VC as providers of financial support and value added services. Seed money can be used to pay for preliminary operations such as market research and product development. Investors can be the founders themselves, using savings and loans. They can be family members and friends of the founders. Investors can also be outside angel investors, ventu ...
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Wellness Pet Company
Wellness Pet Company is a pet food company that consists of Wellness Natural Pet Food, Old Mother Hubbard by Wellness, Whimzees by Wellness, Sojos, Eagle Pack and Holistic Select purchased by Clearlake Capital. Wellness Pet Company is headquartered outside of Boston, in Tewksbury, Massachusetts, as well as in Boston proper. History Old Mother Hubbard Old Mother Hubbard was founded in 1926, as an offshoot of the A. Hubbard and Sons Bakery in Gloucester, Massachusetts Gloucester () is a city in Essex County, Massachusetts, in the United States. It sits on Cape Ann and is a part of Massachusetts's North Shore. The population was 29,729 at the 2020 U.S. Census. An important center of the fishing industry and a ..., making small dog biscuits. In 1961, the company was purchased by Jim Scott, a professional in animal nutrition, and moved to Lowell, Massachusetts. In the 1990s, Jim Scott Jr., then CEO of the company, worked with a team of animal nutrition experts to develop ...
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