Global money laundering is 2 – 5% of global GDP annually or $800B – $2T. Charles Delingpole built ComplyAdvantage, the dynamic global risk database of people and companies, to evaluate the risk of who you’re doing business with. Through the use of the machine-learning powered solution that integrates with existing workflows, financial institutions are able to meet regulatory compliance requirements and manage risk obligations. Delingpole walks us through the inspiration for the company, how it reduces financial crimes, and the company’s recent funding round from investors that include Ontario Teachers’ Pension Plan, Index Ventures, and Balderton Capital.
Business
Farewill Raises £20M to Make it Easy to Deal With Death
Dealing with death is never easy and it often adds stress at a time when a family needs it the least. Farewill provides efficient, affordable, and simple will writing service online as well as probate and direct cremation options. Cofounder and CEO Dan Garrett walks us through how the company transforms an industry that has been doing things the same ways for 150+ years, the company’s future plans, response to COVID deaths, and recent funding round led by Highland Europe.
Plum Raises Another $10M to Automate Personal Finances and Increase Savings
Ideally, we’d all like to save more and spend less. In reality, that’s not as easy as it sounds. However, Plum is an automated personal finance saving assistant and app that analyzes your finances by connecting to your bank accounts and setting aside an amount that you can comfortably set aside. These savings can then be invested in themed funds or even earn interest through the app. CEO and Cofounder Victor Trokoudes shares more on the popular app that is soon expanding to Ireland, France, and Spain, the app’s thoughtful automated features for savings that work, and the company’s latest round of funding from investors that include Global Brain Corporation, European Bank for Reconstruction and Development, VentureFriend, and the UK government’s Future Fund.
How Augmented Reality Can Completely Change Ecommerce for Buyers and Sellers
In the balmy summer of 1995, an American entrepreneur who had just quit his job on Wall Street wrote a list of items he thought it would be possible to sell on the internet. It wasn’t long. He eventually came up with five contenders before narrowing it down to one – books. The entrepreneur’s name was Jeff Bezos and the company he incorporated that year was Amazon.
OpenAI’s GPT-3 is the Future We’ve Been Waiting For
OpenAI is an artificial intelligence research laboratory started in 2015 by Elon Musk, Sam Altman, Peter Thiel, Reid Hoffman, Marc Benioff, and others. OpenAI’s mission statement: Our mission is to ensure that artificial general intelligence benefits all of humanity. The OpenAI Charter describes the principles that guide us as we execute on our mission. While OpenAI is […]
Verne Global Raises $27M to Expand its Icelandic Data Campus That Supports High Performance Computing
In 2016, Iceland was voted the world’s safest location to host a data center, Strategically placed mid-way between the world’s two largest data markets, Europe and North America, Verne Global is located on a secure former NATO Base. We caught up with CEO Dominic Ward to learn more about Verne Global, its expansion plans, and latest round of funding from investors that include Wellcome Trust, Novator Partners, General Catalyst, and Sefnir.
What Brands Need to Know About Esports
As we navigate this new landscape of work and business post-corona, esports is one of the many industries that’s being heavily impacted. In my opinion, this is going to be a watershed moment for esports.
Carbon Clean Solutions Raises $22M for its Next Gen Carbon Capture Technology That Decarbonises Heavy Industry
Power plants, boilers, kilns, and chemical facilities and discharging an incredible amount of CO2, endangering the earth and our habitats. Carbon Clean Solutions Limited has developed a lost cost carbon dioxide capture and separation technology that captures CO2 prior to it entering the earth’s atmosphere. CEO and Cofounder Aniruddha Sharma walks us through the novel technology that’s significantly cheaper than existing solutions, the company’s expansion plans, and recent $22M funding round from investors that include Equinor Ventures, ICOS Capital, WAVE Equity Partners, Chevron Technology Ventures, and Marubeni Corporation.
Individual Health in the Time of the Pandemic
Mike Edelhart of Social Starts walks us through some observations on how COVID-19 has impacted trends from a VC’s perspective.
Adverttu Transforms Private Vehicles into OOH Ad Inventory and Lets Drivers Earn
OOH has been a growing segment of the ad spend but traditionally there has been very little attribution to understand ROI. Adverttu is taking personal vehicles and turning them into OOH ad inventory that can be tracked, understood, and analyzed. Nearly 20,000 drivers are already on the platform earning by having their cars wrapped with brand collateral. CEO and Cofounder Artjom Jekimtstev share more about the UK’s fastest-growing transit media platform.