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Source: http://go.intelligence360.io/ and https://intelligence360.news/ Coca-Cola Southwest Beverages is planning a new warehouse and two story dock office in San Antonio. The warehouse will be located at 1 Coca-Cola Place, across the street from the Frost Bank Center in the same complex as Coca-Cola Bottling Co. and its related offices. The expansion on the property will also include a new parking lot and a new can line, with the overall investment in upgrades totaling $42 million, according to a statement from Coca-Cola Southwest Beverages. The project is expected to be completed by the end of 2025. In a statement Jean Claude Tissot, President of Coca-Cola Southwest Beverages said “Our current priority is to be a people-driven, digital bottler” “The investments we are making at our San Antonio facility will help us continue to achieve this goal and better serve our customers.” Coca-Cola Southwest Beverages, a company of Arca Continental, is one of the largest Coca-Cola bottlers in the United States. Based in Dallas, the company provides 31 million consumers with their favorite Coca-Cola brand beverages in Texas and parts of Oklahoma, New Mexico and Arkansas. Their parent company, Arca Continental, is headquartered in Monterrey Mexico. It is Latin America’s second-largest Coca-Cola bottler and the owner of leading snack brands Wise and Deep River Snacks. Operating in Northern and Western Mexico, Ecuador, Peru, Northern Argentina, and the Southwestern U.S., Arca Continental employs over 50,000 talented and diverse team members.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ According to state and local development sources, New York-Presbyterian plans a $40 million investment to restore behavioral health services at Allen Hospital. New York-Presbyterian is resurrecting more than two dozen hospital beds for psychiatric patients at its hospitals in Upper Manhattan, years after it reduced behavioral health capacity during the pandemic. The plan is expected to restore 24 inpatient behavioral health beds at Allen Hospital, according to an application to the Department of Health in 2024. From preventive, inpatient and ambulatory care, all of our work is essential to the delivery of top-notch care. NewYork-Presbyterian is one of the nation’s most comprehensive, integrated academic healthcare systems, dedicated to providing the highest quality, most compassionate care and service to patients in the New York metropolitan area, nationally, and around the world. In collaboration with two renowned medical schools, Weill Cornell Medicine and Columbia University Vagelos College of Physicians and Surgeons, NewYork-Presbyterian is consistently recognized as a leader in innovative, patient-centered clinical care, research and medical education. NewYork-Presbyterian Allen Hospital is a 196-bed community hospital serving northern Manhattan, Riverdale, and other communities in the Bronx, Westchester, and Northern New Jersey. All of the Hospital’s physicians are on the faculty of Columbia University Vagelos College of Physicians and Surgeons. Among the Hospital’s major services are cardiology, geriatric medicine, obstetrics and gynecology, general surgery, orthopedics, emergency medicine, and family medicine. In addition, the hospital is home to Och Spine Hospital. The Och Spine Hospital includes both orthopedic, neurosurgical, and rehabilitation spine specialists who provide comprehensive operative and nonoperative care for the broad range of spinal disorders.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ Today, Future AGI announces a $1.6M pre-seed funding round to scale its AI lifecycle management platform that enables enterprises to build and maintain high-performing AI applications with unprecedented accuracy. The funding round is co-led by Powerhouse Ventures and Snow Leopard Ventures, with participation from Angellist Quant Fund, Swadharma Source Ventures, Saka Ventures and a marquee group of 30+ industry stalwarts and angels. Current AI tooling falls short in several critical areas—ranging from generating high-quality synthetic data and providing granular error analysis to enabling effective feedback and optimization loops—leaving cross-functional teams of subject matter experts, data scientists, and software developers without clear pathways to improvement. This fragmented ecosystem, coupled with limited domain expertise in tooling usage, makes it exceedingly difficult to pinpoint where models fail, devise data-driven remediation strategies, and ultimately treat AI development with the same rigor as modern software engineering. Building trustworthy high-performing AI applications is complex — requiring rapid iterations across models, prompts, and data while safeguarding against harmful outputs. Future AGI’s platform streamlines this entire lifecycle with rapid experimentation, deep multi-modal evaluations, real-time observability, and continuous improvement capabilities. In a statement Nikhil Pareek, CEO of Future AGI said, “AI is becoming the new software, but its widespread adoption faces a critical challenge – reliability and accuracy at scale.” “Today’s AI systems are probabilistic and error-prone, with improvement cycles taking 6-8 months. We’re building the foundational layer that ensures AI systems are trustworthy and reliable in production. Our platform isn’t just about workflow automation – we’re creating the data layer that continuously monitors, evaluates, and improves AI systems across multimodal interactions.” Future AGI was the genesis of Nikhil Pareek and Charu Gupta and was born out of founders’ frustration with the growing challenges in data collection, annotation, and training model readiness. Each iteration magnified these issues, and through conversations with fellow AI builders, they realized this problem was widespread. Nikhil Pareek is a former AI founder, with multiple patents and research papers, comes with experience ranging from building autonomous drones to tackling complex data science challenges for Fortune 50 companies. Charu Gupta is a veteran in revenue growth, having successfully navigated multiple startups from inception to achieving revenues of up to $100 million.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ DryRun Security, the AI-native company delivering application security (AppSec) for development and security teams, today announced its $8.7 million seed funding round from lead investors LiveOak Ventures and Work-Bench as well as participation from Cannage Capital. The company is also introducing Natural Language Code Policies (NLCP), a game-changing feature that frees AppSec teams from the painstaking work of building and maintaining scripted policy rules. By allowing them to define their security policy in an intuitive, domain-focused way, NLCP cuts the overhead of custom rule writing and helps teams get coverage across all of their code bases without worrying about the language or framework. In a statement James Wickett, co-founder and CEO of DryRun Security said “We know how frustrating it is when risky code slips in unnoticed—especially for AppSec teams who want to stay on top of every critical change.” “That’s why we built DryRun to find the ‘needle in the haystack’ of code changes, so teams can spot unknown risks before they start—without slowing developers down. Our early customers are already seeing tangible, day-one improvements in their security posture, validating that modern, AI-native application security tools can finally keep up with the code velocity of today’s software development teams.” DryRun Security was co-founded in 2023 by two application security luminaries, James Wickett and Ken Johnson. Having worked in the AppSec space for years, the founders shared a vision for empowering development teams to build secure software without disrupting their workflows. With this new funding and product launch, the company is poised to change the way teams approach application security. DryRun Security will use the investment to increase its engineering hires and grow its Go To Market (GTM) function.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ Fundraise Up, a premier fundraising platform for nonprofits globally, today announced a minority growth investment led by Summit Partners with participation from existing investor Telescope Partners. The new funding reinforces Fundraise Up’s leadership position in the nonprofit technology sector and will support the company’s commitment to expand product offerings, accelerate global market reach, and provide innovative, AI-powered solutions purpose-built to unlock the fundraising potential and impact of nonprofit organizations. As online giving continues to grow, many nonprofits are held back by legacy solutions that slow donation revenue growth and inhibit fundraising efforts. Fundraise Up works to improve the donor experience through a seamless online donation process. With a strong focus on AI-driven, data-guided decisions, Fundraise Up helps its customers eclipse industry standards in areas like recurring donations and fee coverage. In a statement Peter Byrnes, CEO of Fundraise Up said, “Nonprofits deserve access to the same technology and customer experience available throughout the e-commerce sector. This investment will enable us to accelerate our growth, expand our team, and further our mission to simplify and optimize the donation process for nonprofits worldwide.” “We look forward to leveraging Summit’s expertise and resources to help drive even greater impact for nonprofits on a local and global scale.” Co-founded in 2017 by Peter Byrnes, Yuriy Smirnov, and Anton Isaykin, Fundraise Up was created to help nonprofits raise more money online. The Fundraise Up platform is the first to use predictive AI in donor experiences and is designed to address the inefficiencies and complexities of traditional online donation processes, helping to remove donor friction. With a differentiated transaction-based pricing model — requiring no contracts or fixed fees — Fundraise Up has achieved significant adoption across the nonprofit sector, including organizations such as UNICEF USA, The Salvation Army UK, the Canadian Red Cross and the American Heart Association.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ Azure Printed Homes, an innovative leader in sustainable 3D-printed housing, is proud to announce the launch of its $4.2 million crowdfunding campaign. This equity raise will enable Azure is continuing to scale its production capacity and provide critical support to families rebuilding after the devastating January 2025 Los Angeles wildfires. The campaign is occurring at a pivotal time for the home construction industry in Los Angeles as LA Mayor Karen Bass’s “Return and Rebuild” executive order has prioritized the rapid recovery of affected communities. The order allows temporary housing solutions, including tiny homes and modular structures, to be placed on fire-damaged properties for up to three years. Azure’s innovative 3D-printed homes—crafted from recycled materials and built 70% faster and 30% more cost-effectively than traditional construction—are uniquely positioned to meet this urgent need. In a statement Ross Maguire, Co-Founder and CEO of Azure Printed Homes said, “The recent LA wildfires have left thousands of families without homes, and Azure is committed to being part of the solution.” “As we continue to grow, this new funding campaign underscores our commitment to rapidly scale our capacity and to bring affordable, climate-resilient homes to all buyers, and most especially, to those who need them most. We are firmly committed as a company to not only contribute to the growing needs for disaster recovery but also to advancing the future of sustainable construction.” Founded in 2022, Azure Printed Homes is revolutionizing the construction industry with its patented 3D printing technology, transforming recycled materials into affordable, energy-efficient housing solutions. From backyard studios to tiny homes and affordable housing, Azure is addressing critical global challenges like the housing crisis and environmental waste, all while operating with a commitment to sustainability and innovation.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ SuperOps, the groundbreaking AI-driven IT platform transforming operations for IT service providers and internal IT teams, today announced it has raised $25 million in Series C funding, led by March Capital with participation from existing investors Addition and Z47. This brings SuperOps’ total funding to $54.4 million, a testament to the company’s exceptional growth and market disruption. Over the past year, SuperOps has tripled its customers and expanded its footprint to 104 countries, cementing its status as a global leader. SuperOps is now taking its proven expertise in Managed Service Provider technology into the broader IT market with the launch of its revolutionary Endpoint Management tool. Designed to supercharge IT team productivity, the tool enables IT teams to achieve more with fewer resources. In a statement Arvind Parthiban, Co-Founder and CEO of SuperOps said, “IT teams worldwide are navigating complex challenges, including remote work and rising cybersecurity threats.” “At SuperOps, we are empowering these IT heroes with tools that transform their operations, reduce costs, and fuel growth. After revolutionizing the MSP space, we are thrilled to bring our AI expertise to internal IT teams with the launch of our Endpoint Management tool. The high demand and early successes validate that this is the future of IT operations.” The foundation of SuperOps’ success lies in its relentless focus on AI innovation. In 2024, the company unveiled Monica, a hyper-contextual AI guide that analyzes the MSP’s dataset to deliver personalized insights, automate routine workflows, and accelerate decision-making. With Monica, MSPs and IT teams have seen up to a 30% improvement in operational efficiency. The Series C round, entirely backed by existing investors, highlights the continued confidence in SuperOps’ vision and execution.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ According to state and local development sources, Victory Capital plans to invest $3.4 Million to remodel 41,040 square feet of office space in San Antonio. The project located at 15935 La Cantera Parkway is just over 16 miles north of downtown San Antonio and is being designed by The Jordan Group. The Jordan Group is a professional, full service Interior Design firm that enables companies to define their brand through innovative and memorable built environments. 15935 La Cantera Parkway, known as WestRidge Two at La Cantera, is a LEED Silver certified building, and was built in 2016. The building consists of over 129,000 square feet of Class A office space. The Victory Capital project is expected to be completed on or about October 1, 2025. Victory Capital is a diversified global asset management firm. The Company employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform. Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 11 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services. Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ Global aerospace and defense company Stark Aerospace is expanding in Columbus Mississippi to support a new contract with the U.S. Navy. The project will create at least 96 new jobs. Stark Aerospace recently was awarded a $61.4 million contract by the U.S. Navy for missile canister production in support of the Mark 41 Vertical Launching System, an on-board missile canister launching system. The contract includes additional options that, if exercised, can increase the cumulative value of the contract to $312.8 million. Stark Aerospace President and CEO David Alabed said in a statement that his company is honored and excited to have been selected for this important project. “This contract not only reflects our team’s hard work and dedication but also underscores our capability to deliver high-quality products that meet the rigorous standards of our U.S. Military and the Warfighters,” Alabed said. “We look forward to working closely with the U.S. Navy and contributing to the success of this vital initiative.” To fulfill the contract, Stark Aerospace is investing over $21 million to expand their operations in Mississippi while creating at least 96 new jobs. Construction is slated to be complete within the next year with new jobs being filled immediately. According to the company website, Stark Aerospace is a Columbus Mississippi based aerospace and defense firm. They are a world leader in the design and manufacture of technologically sophisticated defense systems. From its 136,000 square foot facility near the Columbus-GTR airport, Stark Aerospace current work includes missile systems, loitering munitions, and electronics & avionics assembly and repair. Stark Aerospace has become synonymous with technological advancement and operational superiority. The company's dedication to quality permeates every aspect of their operations, ensuring that each product bearing the Stark Aerospace name upholds the highest standards of performance and durability.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ AI infrastructure startup Pipeshift today announced their $2.5 Million seed round. This round was led by Y Combinator and SenseAI Ventures, with additional participation from Arka Venture Labs, Good News Ventures, Nivesha Ventures, Astir VC, GradCapital, and MyAsiaVC. Over 80% of enterprises are turning to open-source AI models. However, the challenge isn’t accessing powerful models, rather it’s deploying them efficiently and securely. Today, companies must stitch together more than 10 different components just to begin deployment, with each optimization requiring thousands of engineering hours. To solve this challenge, launching a new-age Platform-as-a-Service (PaaS) that enables engineering teams to orchestrate AI workloads across any infrastructure – cloud or on-premises – with unprecedented speed and control. Unlike existing players who are GPU-brokers offering one-size-fits-all solutions, Pipeshift understands the enterprise need for control and flexibility of infrastructure and offers an end-to-end MLOps stack for enterprises to train, deploy, and scale open-source GenAI models — LLMs, vision models, audio models, and image models — across any cloud or on-prem GPUs. As a result, enterprises can deploy their AI workloads in production faster and more reliably. Additionally, as we see more model and hardware architectures coming into the market, Pipeshift future-proofs infrastructure investments by offering flexibility through their modular MLOps stack that allows enterprises to bring down their GPU infrastructure costs without any additional engineering effort. In a statement Arko Chattopadhyay, Co-Founder and CEO of Pipeshift said, “2025 marks the year when GenAI transitions into production and engineering teams are witnessing the benefits of using open-source models in-house. This offers high levels of privacy and control alongside enhanced performance and lower costs. However, this is a complex and expensive process involving multiple components being stitched together.” “Pipeshift’s enterprise-grade orchestration platform eradicates the need for such extensive engineering investments by not only simplifying deployment but also maximizing the production throughput.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ Swiss multinational Givaudan is planning a $130 million investment that will see it create hundreds of jobs at the former Dow Chemical plant in Reading. Givaudan Flavors Corp., one of the largest manufacturers of flavors and fragrances in the world, intends to build a 100,000-square-foot facility at 2000 West St. to support a new line of business. The 25-acre site on West Street has been vacant since Dow Chemical left in 2014. The new facility is expected to cost $80 million to build and $50 million to outfit with new machinery and equipment. Givaudan employs hundreds in the region, including 576 at the company’s North American headquarters at 1199 Edison Dr. in the city of Cincinnati’s Bond Hill neighborhood; 306 at a facility on E. 69th St. in the city’s Carthage neighborhood; and some number at a facility in Florence. The company intends to move 220 of the jobs from the Carthage facility to the forthcoming Reading facility, of which it promises to backfill 218 at the Cincinnati facility over the term of the 15-year enterprise zone agreement. The company is expected to employ 308 at the Reading facility within 15 years, representing a total annual payroll of $23.1 million. The facility is expected to open in 2027 and host an initial count of 134 employees before maxing out in 2038. By the end of the 15-year agreement term, the company expected to employ 1,188 in Hamilton County alone, up from 882. Givaudan is a global leader in Fragrance & Beauty and Taste & Wellbeing. The company celebrates the beauty of human experience by creating for happier, healthier lives with love for nature. Together with their customers they deliver food experiences, craft inspired fragrances, and develop beauty and wellbeing solutions that make people look and feel good. With over 163 locations in 52 countries and over 78 production sites, of which 31 are located in Europe, 22 in North America, 17 in Latin America, 8 in Asia-Pacific, and 1 across South Asia, the Middle East, and Africa, they are committed to driving purpose-led growth that makes a positive impact.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ CleanJoule, a full-performance sustainable aviation fuel company, announced plans to bring approximately 100 new technically-oriented jobs to Salt Lake City and invest $150 million in Utah over the next ten years. CleanJoule is a full-performance sustainable aviation fuel (SAF) company that has developed a breakthrough pathway to produce superior and cost-effective SAF, driving the transformation towards a more sustainable aviation industry. CleanJoule’s manufacturing process delivers SAF with 10% higher energy density than typical Jet A/A-1 via a feedstock flexible biologic and chemical process. Backed by Indigo Partners, Cleanhill Partners, GenZero, Frontier Airlines, Wizz Airlines, and Volaris, CleanJoule is on a mission to eliminate the aerospace industry’s reliance on fossil fuels. According to the company website Air traffic doubles every 15 years yet aerospace is constrained by a few key levers: pilots, aircraft, and propellant. The industry can’t continue to grow on fossil fuels alone. Production of jet fuel from oil will have to double from 100M to 200MM barrels per day. SAF is the only path to scale the requisite fuel volume required for ongoing growth while achieving IATA emissions targets. As SAF production grows, limitless feedstocks will be required. Production pathways that can efficiently transform more abundant and flexible feedstocks into SAF will emerge as the dominant SAF producers. Mukund Karanjikar, CEO and founder of CleanJoule said, “Utah has an incredible talent pool and excellent leadership at the city and state levels. Utah’s business-friendly legislature has been instrumental in allowing us to attract outside capital and drive growth.” “We see immense potential in the Salt Lake City community and are excited to be part of an ecosystem that values forward-thinking approaches and cultivates an environment where businesses and individuals alike can thrive."
Source: http://go.intelligence360.io/ and https://intelligence360.news/ Pepsi Beverages Sales LLC, a wholly owned subsidiary of PepsiCo, plans to invest $62 million establish an upgraded facility in Claymont. The new site, located in the same county as the previous Wilmington facility, will retain 216 existing positions and create 77 additional jobs in the state, playing a key role in expanding the entity’s Northeast warehousing capabilities. Located at 4145 Philadelphia Pike, the facility is part of the redeveloped Claymont Steel Mill property. PepsiCo will complete multi-million-dollar renovations to the leased 359,000-square-foot space and make significant investments in new equipment to enhance regional operations and support growing demand. In addition, the site will serve as a key hub for supporting manufacturing sites across the region. Delaware Prosperity Partnership (DPP) collaborated with PepsiCo to secure the Claymont location and connect the company with state resources. On Monday, the state Council on Development Finance (CDF) approved up to $2,887,000 in grant funding from the Delaware Strategic Fund. These grants, contingent on PepsiCo meeting commitments for job retention, job creation and capital investment, underscore Delaware’s proactive support for businesses investing in the state. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $91 billion in net revenue in 2023, driven by a complementary beverage and convenient foods portfolio that includes Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ Howmet Aerospace Inc., which manufactures jet engine and industrial gas turbine components, is working to build a ceramic core production building on property it already owns in Whitehall. The $108 million facility would include 107,000 square feet of manufacturing space and 4,500 square feet of office space. the Michigan Strategic Fund board has approved a request for a $5.1 million Michigan Business Development Program Grant and a State Essential Services Assessment exemption, worth up to $1.6 million. The facility is expected to bring up to 300 new jobs to Muskegon County. Howmet, which launched operations in Whitehall in 1952 and has nine plants in the city and currently employs about 2,440 people in Whitehall. Howmet Aerospace is based in Pittsburgh, Pennsylvania, and has over 23,000 employees worldwide. Some of its leading customers include Pratt & Whitney, Airbus, Lockheed Martin and Boeing. In a statement, Ben Squires, Howmet Aerospace director of government affairs said, “Our leadership had to consider multiple factors when making an investment decision of such a substantial scale.” Support of the Michigan Economic Development Corporation, the city of Whitehall and others helped seal the deal for the company’s expansion in West Michigan. The city of Whitehall is also expected to approve a property tax cut for the project.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ A2 Biotherapeutics, has announced the closing of its $80 million Series C financing round, supported by a syndicate of investors that includes The Column Group and Samsara BioCapital. Proceeds will fund the company’s three clinical development programs and advancement of its pipeline of CAR-T cell therapies based on its proprietary Tmod platform technology. In a statement Jim Robinson, chief executive officer of A2 Bio said, “We are excited by the initial clinical data from our lead programs, which we believe validates our proprietary logic-gate technology approach to solid tumor cancers.” “This funding will enable us to continue ongoing clinical development of our CAR-T cell therapies as well as fund the potential next phase of development.” A2 Biotherapeutics is a clinical-stage biotech company developing first-in-class logic-gated cell therapies to address the high unmet need in cancers. A2 Bio invented the proprietary Tmod™ cell therapy platform to tackle the fundamental challenge in cancer treatment—the ability of cancer medicines to distinguish between tumor and normal cells. A2 Biotherapeutics, established in 2018, is a fully integrated discovery, development and manufacturing company based in Agoura Hills, Calif. A2 Bio plans to direct the Series C funds to support the company’s three clinical studies, as well as to advance preclinical programs using its Tmod™ platform for potential clinical targets representing significant unmet needs in cancer and beyond.
Source: http://go.intelligence360.io/ and https://intelligence360.news/ Boeing (NYSE:BA) today announced it plans to expand its operations in Charleston County. The company plans to invest $1 billion in infrastructure upgrades at its existing site and create 500 new jobs over the next five years. For more than a decade, Boeing South Carolina (BSC) has been the home of the full 787 Dreamliner production cycle and fabricates, assembles, and delivers, the 787-8, 787-9 and 787-10 to customers globally. The company established operations in South Carolina in 2009 and currently employs more than 7,800 people across its Airport and North Campuses in North Charleston, and its West Campus in Orangeburg. Boeing acquired the operations in Orangeburg, located at 174 Millennium Drive, earlier this year, though those facilities will not be affected by the expansion plans. Boeing will expand both of its North Charleston campuses, located at 5400 International Blvd. and 9775 Patriot Blvd., to support increased 787 Dreamliner production targets and potential future rate increases driven by market demand. The 787 Dreamliner program plans to increase to a rate of 10 airplanes per month by 2026. Operations are expected to be online in early 2027. In a statement Scott Stocker, Boeing Vice President and General Manager of the 787 Program said, “Since the creation of Boeing South Carolina in 2009, we’ve marked many important milestones – including consolidating 787 Dreamliner production to South Carolina. I’m thrilled for this next phase of growth, which is made possible by our incredible teammates and the confidence our customers have in our airplanes. This decision reflects Boeing’s commitment to the workforce, the 787 program and the community. We are building a legacy at BSC, for ourselves and for future generations in the Palmetto State.” Boeing continues to lead in technology and innovation, deliver for its customers, and invest in its people and future growth. The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide.
Source: http://www.intelligence360.io/ and https://intelligence360.news/ Chargezoom, a leading platform for AI-powered billing and integrated payments, announced today it has raised $11.5 million in Series A funding, led by Salt Lake City’s Kickstart Fund. This funding marks Chargezoom’s official arrival on the Utah tech scene, setting the stage for the company to scale rapidly and efficiently with the support of Silicon Slopes’ top early-stage venture fund. This round is another key milestone in Chargezoom’s rapid growth. Previously, the company closed a $2 million Seed round in July 2021. This investment helped Chargezoom simplify accounts receivable for businesses that need more efficient, agile financial processes. Since its Seed funding, Chargezoom has grown by 3,972%. Chargezoom is transforming the way businesses handle accounts receivables. Powered by an extensive proprietary dataset and using cutting-edge AI and machine learning, Chargezoom makes invoicing, cash flow, and customer payments seamless and autonomous. No manual work. No wasted time. Just smarter, faster AR that drives financial health and frees businesses to focus on growth. In a statement Matt Dubois, founder and CEO of Chargezoom said, “We’re thrilled to be building Chargezoom right here in Utah.” “Not only does this validate our vision and provide critical resources, we’re getting an unbeatable strategic partner in Alex Soffe and the team at Kickstart.”
Source: http://www.intelligence360.io/ and https://intelligence360.news/ ŌURA, the company behind Oura Ring, the world’s leading smart ring, today announced the completion of a $200 million Series D funding round. Fidelity Management & Research Company and Dexcom, the global leader in glucose biosensing, participated in the round. The investment raises the company’s valuation to $5.2 billion. This financing reflects ŌURA’s momentum in building and leading the smart ring category and the shared belief among its partners and investors that there are substantial growth opportunities ahead. This new capital will enable ŌURA to expand its product offerings, fuel further investment in product, science, and healthcare innovation, including AI, advance global expansion efforts, and explore additional acquisitions to accelerate growth. In a statement Tom Hale, ŌURA chief executive officer said, “As we continue to drive momentum and growth, we are bolstered by the additional support of these investors.” “We’ve made significant progress in advancing our mission to make health a daily practice and will use this funding to unlock new opportunities, with AI development at the center of our strategy. We know that ŌURA has the potential to change lives at scale, and we’re excited to continue leading the market in innovation while pursuing opportunities that extend beyond the ring.” This funding milestone follows a period of marked growth for ŌURA. The company recently surpassed 2.5 million rings sold and has seen its member base and revenue more than double over the past year. ŌURA delivers personalized health data, insights, and daily guidance with Oura Ring, the leading smart ring that helps you live healthier, longer. Guided by a mission of changing the healthcare paradigm from sick care to preventative health, ŌURA makes wellness and recovery a daily practice through sleep, activity, readiness, stress, resilience, women’s health, and heart health. Millions of Oura Members around the world use Oura Ring as a personalized health companion that meets them where they are.
Source: http://www.intelligence360.io/ and https://intelligence360.news/ Xaira Therapeutics, an AI-driven biotechnology startup that emerged earlier this year with a $1 billion funding round, continues to demonstrate its ambitions and staying power. The firm is bolstering its leadership roster while announcing a planned planned relocation to the Gateway of Pacific III campus in South San Francisco. Xaira aims to engineer the drug discovery and development process through the end-to-end application of emerging AI technologies — albeit with higher-profile leadership and funding than other techbio firms. Xaira’s $1 billion funding round represents one of the largest private healthcare investments in 2024. Xaira’s backers continue to bet big on the company’s ability to shorten and improve the drug discovery timeline. This confidence is reflected in the caliber of Xaira’s board, which includes former FDA Commissioner Scott Gottlieb, Nobel laureate Carolyn Bertozzi, and ex-J&J CEO Alex Gorsky. Investor sentiment remains robust even as the broader landscape has grown more cautious. Xaira’s decision to relocate to 73,075 square feet at the Gateway of Pacific III campus situates the company at the heart of a prominent biotech ecosystem. Proximity to fellow innovators, academic institutions, and strategic partners in South San Francisco ensures that Xaira can access top-tier talent and collaborate on projects featuring emerging tech. The new facilities support closer integration between its Seattle-based teams—where foundational AI modeling occurs—and the Bay Area site, which houses expanded experimental capabilities and interdisciplinary collaborations.
Source: http://www.intelligence360.io/ and https://intelligence360.news/ Park Place Dealerships, a part of Asbury Automotive Group has successfully completed the purchase of 15 acres of land in Dallas Texas from Raytheon on December 4th 2024. Known for its best-in-class client service, Park Place is expected to develop a state-of-the-art Porsche dealership on the newly purchased property, providing its clients with the luxury experience synonymous with Park Place and Porsche. Demolition is expected to begin early 2025, with construction scheduled to conclude Q2 2027. In addition to the state-of-the-art Porsche dealership, this land purchase paves the way for Park Place to build a state-of-the-art Volvo service center beside the current Park Place Volvo dealership at the corner of Lemmon Avenue and Inwood Road. This update is expected to bring cutting-edge technology and a seamless experience to Volvo clients, offering a combined showroom and service experience conveniently on one property. In a statement Tony Carimi Area Vice President of Park Place Dealerships said, “Dallas has a deep appreciation for luxury vehicles, and at Park Place, we are dedicated to delivering an exceptional luxury experience to our clients." "For 37 years, Park Place has earned its reputation for offering a truly one-of-a-kind client experience, attracting customers from across the nation. This prime location, just steps from our current dealerships and minutes from Love Field, ensures Porsche and Volvo enthusiasts will have access to the very best these brands have to offer.” Park Place Dealerships was founded in 1987 and has been engaged in the community through its support of the arts, medical research, children’s advocacy, and education. Park Place employs more than 1,400 members and operates nine full-service dealerships representing luxury brands including Lexus, Mercedes-Benz, Porsche, Volvo, Acura, and Land Rover. Park Place BodyWerks Collision Centers in Dallas, Fort Worth, and Plano, and the Park Place Auto Auction, round out the company’s offerings. Park Place was acquired in 2020 by Asbury Automotive Group, Inc., a Fortune 500 company headquartered in Duluth, GA.
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