Invest in Cyabra ahead of planned listing + D-ID’s AI video translation
A weekly selection of news and investment opportunities from OurCrowd, the global venture investing platform
Hersh: Our hearts are broken
The OurCrowd family mourns the deaths of the six kidnapped hostages found murdered in cold blood by Hamas in the Gaza Strip. Among them was Hersh Goldberg-Polin, son of Rachel Goldberg-Polin and Jon Polin, former President of Abe’s Market . Hersh was taken hostage on October 7th while attending the Nova music festival at Kibbutz Re'im in southern Israel. Rachel and Jon addressed the Democratic National Convention last month pleading for the release of all hostages, a message they repeated at Hersh's funeral in Jerusalem on Monday attended by thousands. We pray for a speedy and safe return of all of the hostages still held by Hamas.
Startup of the Week
Cyabra: Funding round ahead of listing planned for 2025
The World Economic Forum's Global Risks Report identifies disinformation as the most significant short-term risk threatening modern society. Gartner anticipates that enterprise expenditure on battling this threat will surpass $500B by 2028, cannibalizing 50% of marketing and cybersecurity budgets. OurCrowd portfolio company Cyabra is leading the fight against disinformation. The company’s AI-powered platform shields corporations and the public sector by uncovering fake profiles, harmful narratives, and GenAI content. With a Nasdaq listing planned for early 2025, Cyabra intends to be the first?publicly traded company solely dedicated to combating disinformation. The company’s clients included Elon Musk during his acquisition of Twitter (now X) and the US State Department. Cyabra has helped safeguard 19 elections globally in the past year and has 35 paying customers in Asia, Latin America, and North America. Additional information on Cyabra’s current funding round ahead of its Nasdaq listing, is available under NDA.
DreaMed eyes US expansion with $3M raise for AI diabetes support
DreaMed ’s AI-powered endo.digital platform provides treatment recommendations to millions of people with diabetes who do not have access to endocrinologists. The company is expanding and hiring new staff after completing a $3M funding round despite the fact that Eran Atlas, its CEO and Co-founder, spent six of the last 10 months in the Israeli army on reserve duty, Calcalist reports . “We managed to overcome the difficulties of the coronavirus, the economic crisis and the war, and we are preparing for a large-scale deployment in the US and then to other countries, with a significant revenue stream and the raising of new capital,” Atlas says. DreaMed, which previously raised $9.4M and received ~$20M in non-dilutive funding, also secured a fifth FDA approval for its platform and signed several new deals with health systems and companies, including Yale New Haven Health and a data integration agreement with Abbott , a leading medical device company.?
7-Eleven brings Plenty produce to 1,300 California stores
Salads at 1,300 7-Eleven stores across California will feature fresh, sustainably-grown lettuce from the Compton, California indoor farm operated by OurCrowd vertical farming leader Plenty . The company’s innovative indoor farming technology creates fresh produce that can be harvested with peak-season flavor year-round, championing efficiency and environmental stewardship. The pesticide-free leafy greens use just 1% of the land typically required by traditional farms to achieve yields up to 350 times greater per acre and cut water usage by 90%. “We are thrilled to introduce Plenty to our salad offerings and bring their innovative and sustainable approach to fresh produce to our customers,” says Marissa Jarratt, Chief Marketing and Sustainability Officer at 7-Eleven.
D-ID launches AI video translation + voice cloning + lip sync
D-ID , OurCrowd’s GenAI video creation platform, unveiled its latest tool for translating videos into other languages, enabling users to clone the speaker’s voice and lip-sync the video to match the translated words as part of the AI editing process, Sarah Perez reports for TechCrunch . The company’s AI Video Translate tech is available to current D-ID subscribers for free in 30 languages including Arabic, Mandarin, Japanese, Hindi, Spanish and French. D-ID says the new AI video technology could help customers save on localization costs when scaling their campaigns to a global audience in areas like marketing, entertainment, and social media. “It lets me communicate with my own voice,” says Gil Perry, Co-founder and CEO of D-ID. “With an accessible API and batch translation, you can create multiple videos in a wide range of languages in just one click.”
CropX connects agriculture giant to digital farm management
CropX , OurCrowd’s digital agriculture leader, unveiled a new application programming interface between the CropX agronomic farm management system, Case IH, and New Holland Agriculture equipment (NYSE: CNH). The integration will automate the transfer of data from CNH machinery to CropX for data visualization, record-keeping, planning, and variable-rate applications, New AG International reports . “Enhancing data connectivity allows our customers to get more value from the data that CNH machinery collects,” says Dan Danford, CNH Precision Technology Partner Manager. “Making it easy for our customers to utilize their farm data in the CropX agronomic farm management system also creates a more intuitive precision agriculture user experience.”?
Adlink-Hailo integration offers low-power, cloud-free edge AI
Adlink Technology, a global leader in edge computing, has integrated its ultra-compact, low-power edge computing platform with the Hailo-8 AI accelerator developed by OurCrowd edge AI pioneer Hailo . The combined technology delivers user-friendly, reliable, high-quality hardware for a wide variety of AI applications including video analytics, segmentation, anomaly detection, transformers, surveillance, AI AOI, bin picking, and autonomous driving. Without needing cloud-based resources, integrating the Hailo-8 with the system provides AI computing power that facilitates seamless execution of AI models at the edge with high energy efficiency. “This combination enables us to provide essential AI functions for edge devices, which is crucial for a wide range of applications,” says Brian Liu, Product Manager of Adlink's Edge Computing Platform Business Unit.
Smiths Detection integrates SeeTrue tech into airport scanners
Smiths Detection, which supplies many of the world’s airport baggage screening systems, has successfully integrated the AI-powered prohibited items detection software developed by OurCrowd’s security startup SeeTrue into Smiths’ advanced security scanning systems. The technology will be rolled out following the completion of European Civil Aviation Conference certification. The enhanced scanners will provide advanced carry-on baggage screening using computed tomography, combining Smiths’ automatic explosives detection algorithms with SeeTrue’s prohibited items detection algorithms to provide unparalleled levels of security and operational efficiency for customers. “This collaboration is timely, enabling us to provide customers worldwide with a unique and impactful solution tailored to the growing needs of airport security,” says Assaf Frenkel, Co-founder and CEO of SeeTrue.
领英推荐
Iowa farmers get affordable health insurance using TytoCare
Landus, Iowa’s largest farmer-owned collective, is offering a new farmer-focused health coverage policy using a remote diagnostic kit from Qure portfolio company TytoCare , Lisa Foust Prater reports for Successful Farming . Those enrolled in the policy, offered through Landus Health and Conduit Health, will receive a TytoCare stethoscope, thermometer, and special digital camera that enables healthcare providers to remotely examine patients. “We listened to our farmers,” says Matt Carstens, Landus and Conduit President and CEO. “There have not been affordable health coverage options out there for them without a member of their family finding a job away from the farm. Landus Health and Conduit Health will change that.”
Study: InsideTracker improves heart health, cuts diabetes risk
A study of more than 20,000 people using the digital health platform from OurCrowd portfolio company InsideTracker , shows it can improve heart health, reduce inflammation, and help reverse the trend toward type 2 diabetes. The company measured results from generally healthy adults across roughly five years of using the system, which promotes a healthier lifestyle with personalized recommendations targeted at each user. “With these tools, we can prevent common diseases associated with early death,” says Nimisha Schneider, lead author and senior director of science and AI at InsideTracker.
Book your vacation on TikTok courtesy of Klook
In a move it describes as shifting from “inspiration to action,” OurCrowd’s Asian experiences platform Klook is working with TikTok to enable users in seven Southeast Asian markets and Japan to book travel experiences directly through the app, Peden Doma Bhutia reports for Skift . Through its Kreator influencer program, Klook is integrating booking capabilities across various platforms, including the new TikTok booking feature. “We are deeply attuned to the preferences of next-gen travelers – Gen Z and Millennials – who increasingly seek travel inspiration through social media,” says Marcus Yong, Klook’s Vice President of global marketing.
Dallas Cowboys open checkout-free Zippin store
The Dallas Cowboys’ AT&T Stadium is the latest NFL arena to adopt the checkout-free technology from OurCrowd retail pioneer Zippin , the largest provider of seamless retail worldwide, Retail Tech Innovation Hub reports . Zippin served more than 250,000 shoppers during the 2023 NFL season, marking up $5.45M in total sales. Shoppers can use a credit card or mobile wallet to enter the store, grab what they want, and leave. Zippin’s AI-powered platform identifies purchases and automatically bills shoppers for what they take as they exit. “Empowering fans to purchase great food without long lines enhances the gameday experience for fans and helps operators serve more guests in less time,” says Krishna Motukuri, Co-founder and CEO at Zippin.
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About this Newsletter
Startup Beat?is a weekly selection of news and investment opportunities from?OurCrowd , the global venture investing platform.
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VP Marketing at D-ID | Top Startup 2023/2024 by LinkedIn | CMO | Master of AI Puppets ?? | Generative AI | Co-founder of the Linkers Community
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