INTELLI™ Weekly Insights
Friday, November 4, 2022 | Volume 1 Series 23 | Social Media News, Venture Deals, and Start Ups to look out for in 2023.
🕰🍵 Good afternoon to you all…how is it Friday already? Our team at INTELLI™ have some very interesting Social Media-related news for you, as well as some startups that you’ll want to watch out for in the next year.
Go ahead and get comfortable as we welcome the weekend with our INTELLI™ newsletter.
🔮 Top 10 Early Stage Startups You Should Look Out For In 2023
Grey Journal scoured the current startup environment to find the most recent, and most promising up-and-coming early-stage startups they believe would create real-world value and true change within their respective industries, and the greater marketplace:
Impact Foods- a San Francisco-based company which is bringing together the nourishing power of plants, and the latest innovations in biotechnology to craft a nutrient-dense, palate-pleasing, and sustainable plant-based seafood alternatives.
Wega Labs- a Web3 gaming studio that focuses its talents on the development of web3 games with a strong emphasis on gameplay and utility.
Return- a Baltimore, MD-based manufacturer of AI-powered B2B software dedicated to improving sales and marketing management for the enterprise industry.
Tangibly- a Seattle-based information management platform designed to aid business owners in securing their intellectual property and trade secret rights in a legally enforceable format.
Perform- an app-based interactive running coach powered by artificial intelligence and real-world professional coaching.
Green Places- a Raleigh, NC-based company, offers a unique slate of services focused on helping small business owners meet their sustainability requirements.
Linguix- based in Miami, Florida, offers an AI-based writing assistant program designed to identify, and correct common English spelling and grammar errors in hand-typed texts across the web.
Parallel Health- aSan Francisco-based, skincare company revolutionizing the skincare industry with targeted skincare solutions utilizing unique microbial formulations.
Mobilyze- an EV charging station/mobility startup headquartered in Cambridge, Massachusetts.
Trendsapio- based in Chicago, Illinois but caters to a global audience, is a digital incubator, and worldwide creative talent and innovation marketplace designed to showcase the artistic and entrepreneurial journeys of aspiring, new, and established artists, and entrepreneurs thriving in the fashion, fitness, film and fine arts genres.
Want to read more about these promising companies? Click here.
🖥 Elon Musk’s New Twitter Revamp
Elon Musk announced plans to update Twitter’s premium subscription product Twitter Blue by expanding its features while also raising the price to $8 from $4.99 a month. Naturally, his announcement was met with great backlash since the platform would be planning to start charging for the service.
Twitter Blue currently includes a small number of features including an edit button. The updated service will be price adjusted by country, Musk said in his tweet. The service will include priority placement in replies, mentions and search, extended video and audio posting, and half the normal advertising.
A subscription will also be required to get a blue checkmark, or identity verification, on the platform.
🎶 Amazon Music Upgrades Prime Benefits With 0 Costs!
Amazon Music is introducing new features and ad-free content to enhance the listening experience for Prime members with Amazon Music—all at no additional cost to their membership!
New features include:
Access to a full catalog of music in shuffle mode.
An ad-free listening experience for podcast lovers.
New, exclusive shows and series.
Features that make it easier to discover your next favorite podcast.
🚫 FCC Commissioner: Government Should Ban TikTok
Brendan Carr, one of five commissioners at the Federal Communications Commission, wants The Council on Foreign Investment in the U.S. (CFIUS) to ban TikTok.
With more than 200 million downloads in the U.S. alone, the popular app is becoming a form of critical information infrastructure — making the app's ownership by a Chinese parent company a target of growing national security concern.
Carr highlighted concerns about U.S. data flowing back to China and the risk of a state actor using TikTok to covertly influence political processes in the United States. Additionally, Carr sent letters to Apple and Google in June asking the companies to remove the apps from their stores due to concerns about data flowing back to China.
💰 INTELLI™ Featured Venture Deals
Cover Genius, a New York-based insurtech for embedded insurance, raised $70 million in Series D funding led by Dawn Capital.
Roam, a remote-based cloud HQ company for distributed teams, raised $30 million in Series A funding led by IVP.
Vaxess, a Cambridge, Mass.-based vaccine patch developer, raised $27 million in Series B funding led by RA Capital Management.
MedCrypt, a San Diego-based cybersecurity solution provider for medical devices, raised $25 million in Series B funding with investments from Intuitive Ventures, Johnson & Johnson Innovation and other investors.
Carta Healthcare, a San Francisco-based clinical data management company, raised $20 million in Series B funding. Paramark Ventures, Frist Cressey Ventures, American College of Cardiology and others.
Way, an Austin-based brand activations software platform, raised $20 million in Series A funding led by Tiger Global.
Galileo, a San Francisco-based machine learning data intelligence company, raised $18 million in Series A funding led by Battery Ventures.
Fringe, a Richmond, Va.-based lifestyle benefits startup, raised $17 million in Series A funding co-led by Origin Ventures and Felton Group.
GoCo.io, a Houston-based software solutions provider for HR, benefits, and payroll, raised $15 Million in funding led by ATX Venture Partners.
AiDash, a San Jose-based satellite and A.I.-powered operations, maintenance, and sustainability solutions provider, raised $10 million in funding from SE Ventures.
Haven, a New York-based homeownership platform for mortgage servicers and subservicers, raised $8 million in Series A funding led by Fifth Wall.
Retirable, a New York-based retirement solution provider, raised $6 million in funding led by Primary.
Tiny Health, an Austin-based gut health testing company, raised $4.5 million in funding led by TheVentureCity.
Sunsave, a London-based solar energy subscription provider, raised £3.7 million ($4.25 million) in seed funding from Neurone Ventures, Plug & Play Ventures, and other angels.
iink Payments, a Tampa-based digital payments network, raised $3 million in seed funding led by Grand Ventures.
Howbout, a London-based app for making plans with friends, raised £1.92 million ($2.2 million) in funding from ACF Investors, Snap Inc. senior advisor Claire Valoti, and ex-Paypal and Skype investor Desigan Chinniah.
Heylo, a San Francisco-based community group organization development platform, raised $1.5 million in seed funding led by Worklife Ventures.
🤝 Recent Acquisitions
Johnson & Johnson agreed to acquire Abiomed, a Danvers, Mass.-based heart-pump maker, for about $17.3 billion.
Bluefin acquired TECS Payment Systems, a Vienna-based payment solutions provider to acquirers, payment service providers, and POS system providers, for an undisclosed amount.
Bluewave Technology Group acquired Virtual Telecomm, a Louisville-based technology advisory and IT transformation agency for an undisclosed amount.
Emplifi acquired Pixlee TurnTo, a San Francisco-based user-generated content, ratings and reviews, and influencer marketing solutions provider for an undisclosed amount.
Kajabi acquired Vibely, a Belmont, Calif.-based community-building platform for creators for an undisclosed amount.
Tune in next time for more updates brought to you by PreIPO INTELLI™