Author: OurCrowd

[IQM in The Next Web] SpaceX showed us path to profit for quantum computing, says IQM CEO

It is a common assumption that quantum computing is a long-term bet that may take at least a decade to turn a profit. But that’s not always the case. At TNW Conference in Amsterdam last week, Jan Goetz, co-founder and co-CEO of Finnish quantum startup IQM, revealed his company began earning revenue much earlier — by taking a page from SpaceX’s funding playbook. Read...

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[EquipmentShare in EquipmentShare] EquipmentShare pitches in to help St. Louis recover after tornado

On the afternoon of Friday, May 16, a mile-wide EF3 tornado tore through St. Louis, killing five people and causing an estimated $1.6 billion in damages. As soon as the storm passed, the question for EquipmentShare team members — from the local branches in St. Louis to corporate headquarters 125 miles west in Columbia, Missouri — wasn’t whether they would help but rather how they could do the most good. Read...

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[ThetaRay in BusinessWire] I&M Bank partners with ThetaRay to deploy full cognitive AI financial crime compliance platform across east africa

NAIROBI, Kenya & NEW YORK–(BUSINESS WIRE)–ThetaRay, a global leader in Cognitive AI financial crime compliance, today announced a landmark partnership with I&M Group PLC, a leading Regional Financial Services Group in Africa. The partnership will see the deployment of ThetaRay’s advanced AML (Anti-Money Laundering) platform across I&M Group’s operations in Kenya, Tanzania, Rwanda, Uganda, and Mauritius. Read more...

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[Ingressive Capital Fund in Techawk] Nowlun raises $600K from Ingressive Capital

Nowlun, the digital logistics platform that simplifies global freight in the MENA region by helping businesses move full container load (FCL) and bulk cargo with speed and simplicity, and keeps them on top of every move with real-time tracking and instant updates, has closed its seed round at $2.3 million following a $600K extension led by Ingressive Capital, a prominent African VC. Watch...

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