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SOSV
SOSV is a venture capital firm that provides pre-seed, seed, venture and growth stage funding to startups in the technology sector. The company conducts seed accelerator programs in Asia and the United States of America. SOSV was founded in 1995 by Sean O'Sullivan. It is headquartered in Princeton, New Jersey, with operations in Cork, Ireland, and offices in San Francisco, Shenzhen, Shanghai, Taipei, New York City, and Newark. History In July 2018, then governor of New York state Mario Cuomo announced that the state would invest $25 million in an IndieBio facility in New York City. In December 2020, TechCrunch's former COO, Ned Desmond joined SOSV as senior operating partner. As of November 2021, SOSV has backed approximately 150 startups that are developing climate technologies, with a focus on the transport, supply chain, logistics, and agriculture sectors. In September 2021, the New Jersey Economic Development Authority announced that the state was investing $25 million ...
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Sean O'Sullivan (engineer)
Sean O'Sullivan is an entrepreneur, inventor and investor, born in New York City and currently living in Princeton, New Jersey. He is best known for co-founding MapInfo Corporation, which popularized street maps on computers, and for coining the term "Cloud Computing". He is the founder and managing partner of SOSV. As benefactor of the O’Sullivan Foundation, he has also been a primary funder of organizations such as the Khan Academy and CoderDojo.In 1995, O' Sullivan founded SOSV (formerly SOSventures), a venture capital and investment management firm that seeks to invest in the earliest stages of start-up companies via a family of accelerator programs. O'Sullivan holds a Bachelor of Science in Electrical Engineering from Rensselaer Polytechnic Institute and a Master of Fine Arts in Film Production from the University of Southern California. Sean Sullivan spent two seasons as an investor on Dragon's Den ''Dragons' Den'' is a reality television program format in which entrepren ...
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TechCrunch
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021 Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management, and Apollo integrated them into a new entity called Yahoo. In addition to its news reporting, TechCrunch is also known for its Disrupt conference, an annual technology event hosted in several cities across United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. As of 2013, TechCrunch was available in English, Chine ...
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Seed Accelerator
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day. While traditional business incubators are often government-funded, generally take no equity, and rarely provide funding, accelerators can be either privately or publicly funded and cover a wide range of industries. Unlike business incubators, the application process for seed accelerators is open to anyone but highly competitive. There are specific accelerators, such as corporate accelerators, which are often subsidiaries or programs of larger corporations that act like seed accelerators. Distinctive qualities The main differences between business incubators, startup studios, and accelerators are: # The application process is open to anyone but highly competitive. Y Combinator and TechStars have application acceptance rates between 1% and 3%. # Seed investment in startups is usually mad ...
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HAX Accelerator
HAX accelerator (formerly HAXLR8R) is an early stage investor and seed accelerator focused on hard tech startups. HAX has offices in San Francisco, Shenzhen, and Tokyo. History Founded in 2011 by Cyril Ebersweiler and Sean O'Sullivan, the roots of the HAX Accelerator were another accelerator program, CHINA-AXLR8R started in Dalian, China in 2009. The first HAX Accelerator program ran in Shenzhen from March to June 2012. HAX, focused on hardware development, includes both a cash investment and product development support in exchange for equity. Startups that are accepted into the program spend 180 days with the HAX team at their locations in Shenzhen and San Francisco. The startups get access to the supply chain and factory ecosystem available in Shenzhen. At the end of the program the startup presents the final product to investors and raise further capital both HAX and investor network. As of June 2020, over 250 startups participated in the programs. Among them are: * Makeblo ...
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BitMEX
BitMEX is a cryptocurrency exchange and derivative trading platform. It is owned and operated by HDR Global Trading Limited, which is registered in the Seychelles. History BitMEX was founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed, with financing from family and friends. Bitmex completed a SAFE round of investment in July 2015 then shortly after was inducted into SOSV batch 8 china accelerator program where it sold equity in exchange for labour and financing. In 2016, the exchange introduced perpetual futures, which became its most popular derivative product. In 2018, Delo became the United Kingdom's first billionaire from bitcoin, and its youngest self-made billionaire. In July 2019, Nouriel Roubini, a critic of cryptocurrencies, suggested that the exchange is involved in illegal activities, allowing traders to take on too much risk and by trading against clients. Two days later, it was reported by Bloomberg that the Commodity Futures Trading Commission (CFTC) was ...
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The EVERY Company
The EVERY Company (formerly ''Clara Foods Co.'') is an American biotechnology company that develops proteins and other products traditionally sourced from animals. It does this by using yeast to convert sugar into proteins that are similar to those found in animals and animal products. Founded in 2015 and headquartered in South San Francisco, California, The EVERY Company's mission is to accelerate the transition to animal-free and more sustainable proteins and reduce factory farming practices. They provide companies that rely on animal-based products with animal-free alternatives that taste the same and serve the same function. History The EVERY Company was founded by Arturo Elizondo and Dave Anchel, who met at a conference in 2014. Soon after, the pair began working on their idea to use microbial fermentation that could create eggs without the need for a chicken. They were part of the inaugural cohort of SOSV's biotech accelerator IndieBio. Grupo Bimbo, the world's larges ...
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Financial Services Companies Established In 1995
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asses ...
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Dawn
Dawn is the time that marks the beginning of twilight before sunrise. It is recognized by the appearance of indirect sunlight being scattered in Earth's atmosphere, when the centre of the Sun's disc has reached 18° below the observer's horizon. This morning twilight period will last until sunrise (when the Sun's upper limb breaks the horizon), when direct sunlight outshines the diffused light. Etymology "Dawn" derives from the Old English verb ''dagian'', "to become day". Types of dawn Dawn begins with the first sight of lightness in the morning, and continues until the Sun breaks the horizon. This morning twilight before sunrise is divided into three categories depending on the amount of sunlight that is present in the sky, which is determined by the angular distance of the centre of the Sun (degrees below the horizon) in the morning. These categories are ''astronomical'', ''nautical'', and ''civil dawn''. Astronomical dawn Astronomical dawn begins when the Sun is 18 ...
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Wired UK
''Wired UK'' is a bimonthly magazine that reports on the effects of science and technology. It covers a broad range of topics including design, architecture, culture, the economy, politics and philosophy. Owned by Condé Nast Publications, it is published in London and is an offshoot of the original American ''Wired''. History Earlier version (mid–1990s) The magazine's current incarnation follows an earlier attempt at a British edition of ''Wired'' which ran from April 1995 until March 1997. It was initially created as a joint venture with the Guardian Media Group and ''Wired US''s then owners, Wired Ventures, but that incarnation lasted only three or four issues, due to a culture clash between the two parties and low sales figures of 25,000 per month. Wired Ventures then ran the UK edition alone, with an almost entirely new staff, until the magazine was closed with the March 1997 issue, when sales were at 40,000 magazines per month. Current version (2009–present) The ...
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Upside Foods
Upside Foods (formerly known as Memphis Meats) is a food technology company headquartered in Berkeley, California, aiming to grow sustainable cultured meat. The company was founded in 2015 by Uma Valeti (CEO), Nicholas Genovese ( CSO), and Will Clem. Valeti was a cardiologist and a professor at the University of Minnesota. The company plans to produce various meat products using biotechnology to induce stem cells to differentiate into muscle tissue, and to manufacture the meat products in bioreactors. History In February 2016, Memphis Meats published a video of a cultured meatball and in March 2017, they published a video of cultured chicken and duck dishes. In February 2017, the company indicated its goal was to produce at 60 euros per kilogram and enter the market by 2020. In August 2017, Memphis Meats announced that it had raised a $17 million Series A funding round. The round was led by DFJ and also included investment from Bill Gates, Richard Branson, Suzy and Jack Welc ...
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NotCo
NotCo is a unicorn Chilean food-tech company producing plant-based alternatives to animal-based food products. NotCo was founded in 2015 by Matias Muchnick, Pablo Zamora and Karim Pichara and utilizes machine learning to replicate dairy products in plant-based forms. NotCo is Latin America's fastest growing food company. History NotCo was founded in Chile in 2015 by three technologists; Matias Muchnick (CEO), Karim Pichara (CTO), and Pablo Zamora. NotCo is now part-owned by The Craftory, Jeff Bezos' Bezos Expeditions and others. NotCo was created with the view of using artificial intelligence. Its algorithm, Giuseppe, whose first version was created by Karim Pichara, which was patented in 2021, utilizes lists of plant ingredients to find the ideal combinations to recreate specific food attributes. This aims to replicate various food tastes, textures and cooking behaviors. Its NotMilk includes both pineapple and cabbage, allowing it to cook in the same way as cow's milk. ...
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