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Chicago, Illinois, United States
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Lon Chow shared thisFor early-stage B2B investors and founders transitioning from founder-led sales, please check out Alex's latest venture.Lon Chow shared thisToday is the day I've been working with founders and owners transitioning out of leading the sales team and into a scalable and repeatable sales team motion for 5+ years - Hiring the right sellers at this stage is tough - Betting on a VP of Sales to figure it out is costly and rarely works - Scaling before product market fit happens more than you think - Automating before knowing what works stops ruins more than it helps I've personally transitioned out of founder-led sales successfully (and unsuccessfully) I have taught founders and sales team 1on1 for the past 5+ years how to do this (I still do 1on1s and they work great) Now I have proven the process works and can teach others Today, I introduce Victory Hub The place for founders and owners transitioning out of founder-led sales and into a sales-led motion If you are a founder or owner of a b2b business (bootstrapped or VC backed) and transitioning out of leading the sales team, join us at Victory Hub
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Lon Chow shared thisFor your weekend viewing/listening pleasure. This is an absolute gem (and long) of an interview with Jonny Kim from a year ago, worth every minute. https://lnkd.in/ebKKk73Jocko Podcast 221: Jonny Kim. Navy SEAL, Doctor, Astronaut. The Unimaginable Path.Jocko Podcast 221: Jonny Kim. Navy SEAL, Doctor, Astronaut. The Unimaginable Path.
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Lon Chow shared thisOne of the most underrated musical artists/entrepreneurs/philanthropists. https://lnkd.in/efztTgdThe Grit and Glory of Dolly Parton (Published 2020)The Grit and Glory of Dolly Parton (Published 2020)
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Lon Chow shared thisMy daughter just shared this thread with me, it’s pretty great... https://lnkd.in/d6xqb_V
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Lon Chow shared thisPlease support Sam Angelotta at OWLS on this #givingtuesday. He is changing young lives every day in the West and Southside of Chicago!Lon Chow shared thisFriends, Since 2011, Outreach With Lacrosse and Schools (OWLS) has served hundreds of students per year through our lacrosse-based afterschool programs. The "OWLS Academy Scholars" program was launched in 2018 to provide year-round holistic intervention for our most active participants. Currently, there are 40 OWLS Academy Scholars in grades 6th-12th grade, and 21 enrolled in fantastic college prep high schools. Since 2018, OWLS High School Scholars have received over $650,000 in academic scholarships, and the program continues to safely grow in the face of COVID-19. On #GivingTuesday, please consider investing in the future of an OWLS Scholar with a donation to #OWLSGivingTuesday on JustGiving.com! Any effort to contribute to crucial funding of OWLS programs or share our campaign on social media would be greatly appreciated and immediately impactful! -Sam Click to support ❤️ https://lnkd.in/gfP3a9H
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Lon Chow shared thisLon Chow shared thisGreat perspective from Christopher Young on #BLM and the social injustice protests. The key is real action and time. Justice shall prevail, I have no doubt. https://lnkd.in/dtPfCW4?Chris Young: Just a start to real change - Silicon Valley Business JournalChris Young: Just a start to real change - Silicon Valley Business Journal
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Lon Chow liked thisLon Chow liked thisSolar installations in the U.S. FELL 22% in 2025. Per FERC, American installations dropped (!) from 33.8 GW installed in 2024 to 26.5 GW. Q4 alone collapsed nearly 40% year-over-year. Let that sit for a moment alongside this fact: the U.S. is in the middle of the most acute electricity demand surge in decades. AI data centers, EV adoption, industrial electrification; we have an obvious demand shortfall. The grid needs more generation, not less. So, what happened? Policy whiplash. The rollback of IRA tax credits, tariff exposure on imported panels (because we gave up on manufacturing post Solyndra), and shifting safe harbor deadlines caused developers to delay projects rather than bring them online. This wasn't the hand of capitalism. It was a self-inflicted pause. And here's what makes it particularly costly: solar is the only generation source that can be deployed literally in days. Natural gas takes 3-5 years to permit and construct when turbine blades can be procured. Nuclear, SMRs are sexy, but the timeline is even longer. Even wind requires more complex siting and installation timelines. Solar, paired with inertial based storage to address frequency regulation and cycling durability, is the fastest path from capacity shortfall to relief. To be blunt, the pairing IS THE ONLY WAY to solve our national demand emergency. Wood Mackenzie projects U.S. cumulative solar capacity to nearly triple to 769 GW by 2036. The long-term trajectory hasn't changed. But, as a nation focused on AI and AGI leadership, we need that capacity on an accelerated timeline. Federal, state, and municipal policy need to reflect that urgency rather than work against it. Simply pressing pause on the global AI race while we sort out politics isn't an option. https://lnkd.in/g6pyC48d
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Lon Chow reacted on thisLon Chow reacted on this“It’s called a sale/buyback agreement. You sell the assets before quarter-end… buy ’em back right after. Makes cash on the balance sheet look beautiful.”
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Lon Chow liked thisLon Chow liked thisAcross Chicago, OWLS Lacrosse student-athletes, staff, and supporters continue to show up in powerful ways: • Last Saturday, a community lacrosse clinic at ComEd bringing together coaches and kids from neighborhoods across the city... • Our PE Outreach Program already delivering the power of lacrosse to 5 NEW school partners this year... • Junior Academy programming is in full swing at St. Malachy and Hamline Elementary. This is where student-athletes are building skills that go far beyond the field... One recent Junior Academy session focused on self-advocacy. What stood out most wasn’t just the conversation — it was watching students slow down, think things through, and begin to find their voice. We believe when young people are consistently surrounded by mentors, teammates, educators, and a community that believes in them, they begin to see new possibilities for themselves. #OWLSEmpowers #SportsBasedYouthDevelopment
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Lon Chow liked thisLon Chow liked thisWhen Jeff Bezos was 25 he saw the transformative power of the internet. As a good hedge fund alum, he would have known there were three ways to win: 1. Build software and sell it to retailers so they can move online. (That's Shopify for a 150 billion outcome) 2. Buy Walmart and make it an internet company. If he had 50 billion at the time, he could have made 20 times his money (I was surprised that it was as much as 20x) 3. Build a full stack retailer yourself (That's Amazon, the $2 trillion opportunity from effectively nothing) When you're 25 with incredible drive and no money, you do Amazon. Today Jeff Bezos sees the transformative power of AI, but now he’s a billionaire living in Indian Creek, and he doesn’t have 25 years of working out of a desk left in him, so he’s going to make the Walmart play this time. With Project Prometheus, he’s going to raise a hundred billion, buy a bunch of companies, and inject AI into them. It's what you do when you have too much money to need to do it the hard way.
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Lon Chow liked thisextraordinary data on a criminally understudied vertical. enormously valuable to many types of researchers.Lon Chow liked thistoday we're releasing Aavia's first data report! 250M+ lived-experience data points. years in the making. 📊 ~ if you are building, funding, or scaling anything that touches women's health and you want to understand what the data actually shows, this report is for you. ~ i could lead with the clinical findings. and they're significant. but the thing that stopped me was this: the most common word in Aavia's community forum is ~HELP~ 1 in every 4 posts! not "track." not "optimize." help. these are not passive members logging data. these are women in the middle of a health experience they cannot name, reaching for language before the healthcare system has given them any. and here's what the healthcare system is doing while women wait: - taking an average of 12 years to diagnose PMDD. Aavia flags it in under 100 days. - giving women fewer than 10 healthcare touchpoints per year. Aavia members log 200. - studying medications against a male baseline, never against the hormone cycle, even though 86 drugs are known to affect women differently. the hormone cycle is not background noise. it is the vital signal the system keeps filtering out. we built this report because the data gap in women's health is not just a funding problem or an awareness problem. it is an infrastructure problem. and the infrastructure to solve it has been quietly being built. by our members and the team at Aavia :) full report linked in comments 👇. read it. share it. reach out to discuss further. it was built on the trust of hundreds of thousands of women who deserved better answers. 🙌 THANK YOU to our incredible team, our medical advisors Dr. Staci Tanouye, MD, FACOG and Dr. Uma Lerner, MD, and our investors, and everyone who believed this data mattered before the world caught up. and to every Aavia member who logged, shared, and trusted us with your story. this report is yours. 💜
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Lon Chow liked thisLon Chow liked thisShe's back. The statue of Sabrina, the center of a longtime Amherst College tradition of rivalry, pranks, and disappearances, and once called "Amherst's greatest tradition" by The New York Times, made a surprise appearance on Saturday at the women's lacrosse game in celebration of the College's 50th anniversary of coeducation. 📸: Ben Robins '29, Erini Fruean '29 & Logan Molloy '28
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Lon Chow reacted on thisLon Chow reacted on thisLast week, Shawn Ellis joined an impressive group of insurtech investors and operators at 1871's Insurtech Summit for a conversation on where the industry is headed. Moderated by Ashish Srivastava (InsurTech Chicago), Shawn was joined on the panel by Maria Odiamar Racho, MSOD (Kapwa Capital) and Tarik Galijasevic (Allstate Ventures) for a wide-ranging discussion on the state of insurtech, including new moats in the face of rapidly accelerating AI capabilities, emerging themes with AI risk, and more. One theme that stood out: exits. Betting solely on an IPO is no longer a realistic strategy for most insurtech founders. The full exit landscape (including strategic M&A) deserves serious attention, and that market is shifting fast. Founders need to understand clearly what their exit path realistically looks like when they are building. And a final quote: “insurance is infrastructure.” Thank you to 1871 for bringing together such a sharp group of voices.
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Lon Chow reacted on thisLon Chow reacted on thisIncoming: Trite post about my reflections on deciding to try something completely different one year ago today! Buckle up or keep scrolling. 😉 Early last year, as I searched for "what's next" in my career, a few wise friends convinced me to hang my own shingle to provide strategic advisory and fractional CFO services. On April 1, 2025, Convivium Advisors LLC was formed and I started with my first client. I was so scared I would fail - that no one would want to work with me. This is what I've learned. - I'm not everyone's cup of tea. And that's okay. - Model - I work fractionally, meaning less than full time for each client. - Pricing - My fees aren't palatable for every company. But I guarantee if you hire me, I'll add more value than I cost. Promise! -Working with good people you like is so important. (Duh.) I've had the best clients! - Not everyone understands the difference between fractional and interim. - Fractional = part-time for each client over a long period of time - Interim = generally, means full-time for a short tenure - Timing is everything - I might not have an open slot when a fantastic potential client calls. I've learned to accept that and try to refer them to someone else, which leads to my next point. - Spread the love - I refer other people who would be great at the role. I don't take a thing for the referral. I've always believed that a rising tide raises all ships. Goodness comes back to you. [Insert other pithy -isms here.] - There is immense learning not just from my past full-time roles, but across fractional clients in different industries that I bring to massively increase enterprise value. For instance, I recently identified a multi-million dollar annual revenue opportunity for a client based on something I learned at a previous client in a completely different industry. No confidential info used, no competition between the two very different companies. Just pattern recognition from one spot, applied to another. Finally, to close this out, those who know me well know that I love music. So I leave you with these wise words from the Grateful Dead: "Once in a while you get shown the light in the strangest of places if you look at it right." Glad I took the plunge a year ago and started Convivium Advisors LLC. I'm having a blast. Onward!
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Lon Chow liked thisLon Chow liked thisA few years ago, I watched my mom struggle to eat in rehab after breaking her hip from a fall. She had almost no appetite, and the nutritional support available was essentially Ensure — the same product that has dominated hospitals and long-term care facilities for decades. I said it out loud more than once: someone needs to build a cleaner, more nutrient-dense alternative to this. I even talked to a close friend who works in food innovation about it. I felt a genuine pull. But I wasn't in a place to start another company, and the idea stayed exactly where so many ideas do — in conversation. Today I came across Lucille (lucillehealth.com), a nutrition shake built specifically for seniors, with 2x the protein and 5x the fiber of Ensure, made with real food ingredients, no seed oils, no carrageenan, no sugar alcohols. Founded by a granddaughter who searched for something better for her grandmother and couldn't find it — so she built it herself. I'm genuinely thrilled a founder is meeting this moment. The aging population is one of the most underserved consumer segments in health and nutrition, and the status quo has gone largely unchallenged for too long. But I'm also sitting with the reminder this kind of moment always delivers: Ideas don't change anything. Execution does. The gap between "someone should build this" and "I'm building this" is where most good ideas die. The world doesn't reward the person who saw it first. It rewards the person who did something about it. Cheering loudly for Jess and the Lucille team. And filing this one under: next time, move faster. 🙌
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Tech Funding News
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⚖️ ILS has closed $3 million in fresh seed funding led by Chicago Ventures. It will be used to scale its unified workflow platform for funds teams everywhere. Long-term, ILS wants to become the go-to data layer for private funds’ legal teams, building network effects as more firms and funds plug into its structured obligations database. More details 👉 https://lnkd.in/gTJhi3vu Fergus Plant Jack McCarthy Thomas Marshall Nathaniel Hombo #legaltech #funding #innovation #investment #vcfunding #startups #uktech #artificialintelligence
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Dirac , a NYC-based leader in assembly automation software, has raised $10.7M in funding to accelerate the launch of BuildOS, a dynamic platform for model-based work instructions. The round included investments from Founders Fund and Coatue Management, and the company, led by CEO and founder Filip Aronshtein, is actively partnering with Siemens to support global manufacturers in digital transformation. FinSMEs https://lnkd.in/dfjwRtKZ #Venture #VentureCapital #VC
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StartMidwest
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"CES 2026: the future of tech is now physical, industrial, and operational" CES 2026 confirmed that the next platform shift is physical/industrial. That's according to this piece by our contributor Madelyn Rutter of TechNexus Venture Collaborative in Chicago who braved the Nevada desert to see what's happening in consumer technology and beyond. In her telling, this new paradigm is "a match made in Midwest heaven for founders & investors." Read the article here 👇 https://lnkd.in/gsE-8utQ
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Anjli Jain
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**Exploring Strategic Bids in Emerging Tech** The recent bid from MicroVision to acquire Luminar's lidar business for $33 million underscores the competitive nature of technology acquisitions. As the landscape of venture capital evolves, understanding these dynamics can inform investment strategies. At ElevenX Capital, we believe that strategic acquisitions can be pivotal in leveraging market innovations. These moves not only enhance portfolio capabilities but also demonstrate the importance of evaluating emerging trends. What factors do you consider most crucial when assessing the viability of such acquisitions? #investing #innovation #venturecapital #entrepreneurship
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Next in the North
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Minneapolis Health Tech Startup DUOS Secures $130M Growth Investment Led by FTV Capital The funding will support DUOS’ national expansion, deepen its AI capabilities, and strengthen its platform that helps health plans increase member engagement and improve plan performance across Medicare Advantage, Medicaid, and ACA marketplace plans. https://lnkd.in/gzv_ew6k
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Sean Smith
Search Fund Ventures • 7K followers
I spoke with Christien Louviere of BDE Capital about his journey from a $330mm exit to becoming an independent sponsor. Christien shared excellent insights for folks looking to partner with business owners, rather than buy sellers out completely. Below are a few of the topics we covered: - Why he moved from “zero-to-one” startups to a buy-then-build strategy - How Christien's background shaped a focus on growth vs. cost-cutting - Why 20–40% rolled equity is central to his deal structures—and how it builds trust with sellers - Using scenario analysis with AI tools to evaluate management teams and uncover hidden key-person risks - How to identify when a $3–5M EBITDA company truly has a middle management layer—or is still founder-reliant For anyone investing in or buying small businesses, Christien’s approach provides a fresh lens on growth, alignment, and deal structuring. 🎥 Watch the full interview here → https://lnkd.in/ekfkaiej 🎧 Listen on Spotify: https://lnkd.in/e86Agx6V
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8 Comments -
BYTE51data
1K followers
Arbiter, a New York City–based digital health company, has emerged from stealth with $52M in seed financing led by TriEdge Investments and MFO Ventures, with additional participation from leading private equity firm WindRose Health Investors. Arbiter has built an AI-powered care orchestration platform designed to unify the people and systems that drive every care decision. By bringing patients, providers, and payers onto a single intelligent infrastructure, Arbiter eliminates fragmentation and ensures individuals receive the right care, in the right place, at the right time. The platform streamlines coordination across the entire care journey, enabling seamless movement from detection to resolution. Arbiter’s leadership team includes Michelle Carnahan (CEO), Anjali Jameson (CPO), Hannah Heider (Chief of Staff), Julian Nagler (Head of Strategy and Operations), Peter Schaefer (Chief Architect), and Tyler Halpern Crane (Head of Commercial Partnerships). Board members include Simcha Hyman (TriEdge Investments), Eric Moskow (MFO Ventures), and Robert Wachter (WindRose Health Investors). Stay ahead of the curve in life science investments—subscribe now for the latest updates and insights: https://lnkd.in/e77bfv_e #DigitalHealth #HealthcareIT #HealthTech #AIDriven #ArtificialIntelligence #HealthcareInnovation #Seed
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Life Sciences VCLink
818 followers
Sophont, a Sacramento-based developer aiming to build multimodal medical foundation models, has raised $9.2M in pre-seed and seed funding. The round was led by Kindred Ventures with participation from Upfront Ventures and Delphi Ventures, supporting the company’s goal to make advanced medical data analysis tools open-source. Ngai Yeung | Endpoints News https://lnkd.in/ekaM5ugg #lifesciences
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GrowthCap
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Matt Holt Charts a Scalable Future for Healthcare VC Exits As a private equity leader, Matthew Holt is reshaping the future of healthcare investment by acquiring high-growth AI startups and integrating them into scalable platforms. His most recent effort involves forming a new healthcare AI company aimed at improving hospital revenue operations. It's part of Holt’s growing reputation as the PE exec VCs want to call when IPOs are elusive and Big Tech buyers are on the sidelines. “We identify a problem statement in the industry, and then we put a blueprint together of what would be the company that we would build to best go after that problem,” Holt said in a recent interview. "So what we're really doing is we're taking a page out of the venture studio playbook and applying the same process, but with the advantage of starting with a large-scale private equity fund." New Mountain Capital’s past healthcare bets include building Signify Health, which sold to CVS for $8 billion, and merging Datavant and Ciox Health in a $7 billion deal. “We are very open to partnering with strategics along the way,” Holt told McKinsey in an interview. Holt said value creation doesn’t have to wait for an exit. New Mountain has secured commercial partnerships mid-cycle with larger strategics that help shape product roadmaps and open new pathways for innovation. This collaborative approach reflects Holt’s broader philosophy: New Mountain is helping define the next generation of healthcare infrastructure. By targeting operational inefficiencies and building platform companies around real pain points, Holt’s team creates data-rich assets that incumbents want to align with. VCs have started calling the playbook the "New Mountain special"—a soft landing that offers both a liquidity event and a continued growth path. And unlike traditional PE, Holt’s deals aren’t driven by short-term EBITDA gains. Behind the scenes, Holt has cultivated a wide network of founders and execs, many of whom return for repeat ventures. “There are a number of PE firms that don't really know how to maintain a growth-oriented culture with a founder-led business,” he said. “We make a point to treat everyone well and execute what we say we're going to execute.” With much of the industry reliant on manual processes, he sees room to introduce proven technologies from sectors like financial services and logistics. “We’re really still at the stage of basic building blocks,” Holt said. “And over time, we believe the healthcare industry will follow the same roadmap of other industries.”
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Gordon Ritter
Emergence Capital • 6K followers
Layer is tackling one of the most overlooked pain points for SMBs: accounting. They’re gaining real traction doing so. Emergence is leading their seed round to bring embedded, AI-powered accounting to the SMB software stack. Kevin Spain highlights what makes this team and product so compelling.
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Hammad Rabbani
Burj Capital • 4K followers
AI isn’t just a computing story. It’s becoming an energy story. This piece looks at the proposed ~9 GW gas power project in Ohio tied to AI data center demand. The scale is staggering. Projects like this highlight how quickly electricity demand from AI could reshape power infrastructure planning and economics. One point that stands out: the cost of reliable, large-scale power for AI may be far higher than many expect. As hyperscalers push for dedicated generation and firm capacity, the traditional model of grid expansion and cost sharing starts to break down. It raises a bigger question for the energy transition: Who ultimately pays for the massive power buildout required to support AI? Worth the read. https://lnkd.in/e36NsBd5
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Mahesh Rajasekharan
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More big news from Cleo! Today, at the #TrimbleInsight2025 event in #NewOrleans, Cleo is announcing another major leap forward in supply chain orchestration — Intelligent Error Resolution, an AI-powered capability that redefines how businesses handle integration issues across their supply chains. As today’s business leaders know, even minor technical errors can disrupt operations and jeopardize customer commitments. Cleo’s new solution empowers teams—regardless of technical skill—to resolve issues in minutes, not days, with AI-generated root-cause analysis and guided resolution paths. Intelligent Error Resolution from Cleo is about more than just enabling agility, resilience, and operational continuity at scale. We’re turning exception management into a strategic advantage, unlocking entirely new levels of supply chain intelligence and performance. Plus, when you consider Cleo's Intelligent Error Resolution and our broader Ecosystem Relationship Management capabilities, we are delivering even more meaningful, industry-leading efficiencies across supply chain and customer success operations—helping organizations optimize staffing, consistently meet contractual SLAs, and ultimately do more with less while strengthening every ecosystem relationship they depend on. Without questions, Cleo is setting the pace for what supply chain orchestration can do. See today’s news announcement to learn how Intelligent Error Resolution fits into your digital transformation strategy. https://lnkd.in/ghzqP95K #AI #SupplyChainOrchestration #Innovation
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The Daily Tech Feed
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Drive Capital's strategic focus on non-Silicon Valley startups leads to a $500M investor return, showcasing the Midwest's growing tech potential. Link: https://lnkd.in/d4hiJ-Dj #Startups #Investment #Growth #Technology #Innovation #Finance #Business #Entrepreneur #Success #Leadership #Strategy #Funding #Market #Economy #Tech
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AI Tech Supports
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Datatruck, a Chicago, IL–based provider of an #AI-native operating system for long-haul carriers, has raised $12 million in Series A funding. The round was led by Avenue Growth Partners, with participation from existing investors. Led by CEO Shah Rahmanov, Datatruck is purpose-built for carriers that have outgrown legacy TMS software and fragmented tools. Its platform serves as a system of record for dispatch, load management, and compliance, embedding AI agents and financial workflows directly into daily operations. Key features include: • 150+ integrations with dispatch, fuel cards, factoring, and compliance tools • Centralized control and visibility across carrier operations • AI-driven insights for better decision-making at scale Datatruck currently serves ~500 carriers across the U.S., and the new funding will be used to expand operations and development efforts. A major step toward modernizing the backbone of North American long-haul logistics. Mamur Kodirov COO, Co-Founder Aziz Ergashev CTO, Co-Founder Ulugbek Ergashev CAIO, Co-Founder #SeriesAFunding #AI #TransportationTech #Logistics #TMS #StartupFunding #FleetManagement #EnterpriseAI #Innovation
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Lior Susan
Eclipse • 34K followers
Reshoring manufacturing to the U.S. hinges entirely on advances in automation and robotics—and those advances, in turn, rely on next-generation tools like integrated development environments, foundation models, smart robotics skills, and flexible automation platforms. This isn’t merely an incremental shift; it’s the next industrial revolution. I estimate it will unlock up to $30 trillion in GDP over the next decade, as countries compete fiercely for leadership. Eclipse is our time!
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18 Comments -
The SaaS News
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Data Phleet Secures $600K in Pre-Seed Round data phleet, a Highland, Utah-based startup that uses proprietary AI-driven automation to streamline complex electric grid compliance, has secured a $600,000 pre-seed investment. #AI #Automation #NERCCompliance #EnergyCompliance #ElectricGrid #EnergyTech #PreSeed #Funding https://lnkd.in/gYnm8wpP
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