Fortrino

🇬🇧 Imagination Raises $100 Million Investment To Take On Edge AI 💥 Imagination Technologies, a British IP provider, has secured a $100 million convertible term loan from Fortress Investment Group. This funding aims to support the company's growth and the development of its technologies in graphics, computing, and AI at the edge, marking a significant step in its ongoing recovery and expansion efforts. 🗝 Key Points: 🔲 Investment Purpose: The $100 million will be used to advance technologies in graphics, compute, and edge AI, critical areas for future growth. 🔲 Growth Objectives: The funding aligns with Imagination's ambitious goals to expand its market presence and technology offerings. 🔲 Historical Context: Imagination has faced challenges since losing Apple as a major customer and being acquired by Canyon Bridge, a Chinese-backed firm. 🔲 Leadership Transition: New leadership, including CEO Simon Beresford-Wylie FRPSL, has been instrumental in steering the company through its transformation. 🔲 China Market Challenges: Regulatory issues and economic slowdowns in China have negatively impacted Imagination's revenue and led to workforce reductions. 🔲 Market Recovery: Despite setbacks, the company is seeing progress with a stronger regulatory environment and potential blue-chip deals on the horizon. 🔲 AI Strategy Shift: Imagination has shifted its AI strategy from developing standalone neural network accelerators to focusing on integrating AI capabilities into its GPU architecture. 🔲 Technology Focus: The company emphasizes efficient data movement and power management within its GPU technology, critical for edge AI applications. 🔲 Software Challenges: Developing a sustainable AI software stack remains challenging, prompting a focus on improving GPU-based solutions. 🔲 Future Potential: While current strategies focus on GPU enhancements, Imagination remains open to revisiting AI accelerators if the software infrastructure matures sufficiently. Imagination Technologies' $100 million investment is a crucial move towards stabilizing and expanding the company after years of challenges. By focusing on AI, graphics, and computing technologies, particularly at the edge, Imagination is positioning itself to compete in the evolving tech landscape, with the potential for significant growth and innovation in the coming years. 🇬🇧 Read the full article here on 👉 https://lnkd.in/dz8YbP5B. #AI #graphics #computing #technologies #GPU #tech #edgeAI #innovation #success #future #investment #growth #investor #funding #UK #IP #China #leadership #market #blue_chip #GPU_architecture #accelerators #entrepreneur #startup #founder #VCs #SMEs #entrepreneurship

✨ Motivational Tuesday: " Don’t think of pitching. Think of offering. The offer is better than a pitch." – Sonia Simone ✨ #startup #founder #entrepreneur #researcher #SMEs #innovator #innovation #pitch #inspiration #motivation #success #VCs #investor #entrepreneurship #tech

💫 Inspirational Tuesday:"If somebody offers you an amazing opportunity but you are not sure you can do it, say yes – then learn how to do it later!" Richard Branson 💫 #innovation #innovator #future #inspiration #motivation #success #entrepreneur #startup #founder #VCs #investor #entrepreneurship #tech #researcher #SMEs

💰 Why Invest? Top 10 Benefits of Investments 🤑 Investing is a strategic way to grow wealth, achieve financial goals, and secure your future. Understanding the benefits of investing helps in making informed decisions. 🔝 Top 10 Benefits of Investments 🔝 🔷 Wealth Accumulation: Investments help grow your money over time through compounding. 🔷 Financial Security: Provides a safety net for emergencies and retirement. 🔷 Inflation Protection: Helps preserve purchasing power by outpacing inflation. 🔷 Passive Income: Generates income streams without active involvement (e.g., dividends, interest). 🔷 Capital Appreciation: Increases the value of your assets over time. 🔷 Tax Benefits: Certain investments offer tax advantages (e.g., retirement accounts). 🔷 Diversification: Reduces risk by spreading investments across various asset classes. 🔷 Long-Term Growth: Equities and real estate often yield significant long-term gains. 🔷 Financial Discipline: Encourages regular saving and prudent spending. 🔷 Legacy Building: Investments can be passed down to future generations, securing their financial future. Investing is a powerful tool for building wealth, securing financial independence, and achieving long-term goals. By understanding its benefits, you can make strategic decisions to enhance your financial well-being. 💰 For further insights, read the informative article on Grove Gallery 👇 https://lnkd.in/dZ3ru8_3 #entrepreneur #SMEs #founder #VCs #invest #investing #investor #investment #CEO #management #wealth #money #finance #motivation #benefits #future #success #strategies #goals #tax #capital #legacies #inflation

Some more information for #OEM security appliance manufacturers to read. We cannot expect end users to fix the weak entropy problem. This needs to be done directly at a hardware level. We can help you bridge this gap today for a lot less money than you think. We make #QRNG adoption make sense at the right price.Please get in touch with me directly for more information. Thank you.

“Large corporations welcome innovation and individualism in the same way the dinosaurs welcomed large meteors.” — Scott Adams. #innovation #innovator #future #inspiration #motivation #success #entrepreneur #startup #founder #VCs #investor #entrepreneurship #tech #researcher #SMEs

🎓 Pros and Cons of Being an Entrepreneur 🎓 Working as an entrepreneur allows you to take innovative ideas and turn them into successful businesses. However, it's important to understand both the advantages and challenges before choosing this path. 🔵 Pros: 🔹 Freedom and Flexibility: Set your own schedule and work environment. 🔹 Control Over the Business: Make key decisions and shape company culture. 🔹 Potential for High Earnings: Profits directly benefit you. 🔹 Pursue Your Passion: Build a business around what you love. 🔹 Positive Impact: Create jobs and innovate to improve lives. 🔹 Skill Development: Enhance leadership, management, and other key skills. 🔴 Cons: 🔻 High Responsibility: Managing all aspects of the business is demanding. 🔻 Financial Risks: Significant personal investment with uncertain returns. 🔻 Personal Stress: The pressure of entrepreneurship can be intense. 🔻 Need for Networking: Building connections is crucial for success. 🔻 Long Hours and Sacrifices: Often requires extensive work and personal sacrifices. 🔻 Competition: Competing with established businesses can be challenging. Entrepreneurship offers both great rewards and significant challenges. By understanding these pros and cons, you can better decide if this career path aligns with your goals and capabilities. 📖 Read the full article on Indeed here 👉 https://lnkd.in/dp3gy8Je #entrepreneurs #entrepreneurship #pros #cons #innovator #innovation #startup #founder #goals #success #rewards #freedom #control #earnings #passion #skill_development #challenges #networking #competition #finance #stress #future #motivation #inspiration #investment

👩💻 Empowering Women in Climate Tech Event 👩 Promoting Women's Leadership in Climate Technology: Overcoming Challenges and Exploring the Landscape. You are invited to participate in an engaging panel discussion and networking opportunity featuring industry leaders, investors, and accomplished women entrepreneurs. They will share their insights, experiences, and strategies aimed at empowering women in the climate technology sector and dismantling obstacles to funding access. Join to expand your professional network and discover ways to harness the potential of women-led initiatives in climate technology. This event is co-organized by Womxn for Climate Tech & Innovation and the British Embassy in Vienna. 🏢 The venue:- located in central Vienna, will be announced one week prior to the event. 🗓 September 10th, 2024, 2:00 -4:30pm 🎯 What is the aim of the event? -To create a space to exchange, have fun & create opportunities between women (& allies) in Green Tech & Climate Innovation ecosystem. - Raising women's voices together in support of co-creating a kinder, fairer & greener world for all. Taking action to solve tomorrow's problems, today! 👩⚕️ 👨⚕️ Who are the speakers? - Darshini Manraj Waibel, CEO & Co-Founder at Greenpertise - Claire M. Cobley, Chief Science Officer and Partner at Nightfall Ventures - Craig Matthews, Senior Innovation Consultant at Science Park Graz (SPG) - Nina Wöss, Managing Partner at Fund F by Female Founders - more to be confirmed. 👩 Take this opportunity to come along & be inspired by being in the presence of women who are changing the world! "Courage, connect & contribute! The more we can co-create & lift one another up, the more we can achieve together to benefit everyone!" 📖 For further details on this event, go to 👇 https://lnkd.in/dShXPEi5 #events #women #tech #climatetech #greentech #funding #Vienna #founders #entrepreneurs #accelerator #incubator_programmes #universities #research_institutes #VCs #investors #corporate #leaders #think_tanks #innovation #hubs #media #partners #women_networks #womxn #researcher #startups #investment #entrepreneurship #FINTA #LGBTQIA #BIPOC #health #neurodiversity

🏆 Ranked: The 50 Most Valuable Companies in the World in 2024. 🏆 The article on Visual Capitalist lists the 50 most valuable companies globally in 2024, using market capitalization as the primary metric. Market capitalization is calculated by multiplying a company's outstanding shares by its current stock price. Data was sourced from companiesmarketcap.com as of August 26, 2024, with a focus on industry dominance and key trends. Key Highlights in article:- 🔶 Overall Market Value: 🔸 The top 50 companies have a combined market cap of $34 trillion. 🔶 Industry Breakdown:  🔸 Technology: The most dominant sector, with a total market cap of $19.3 trillion.  🔸 Healthcare: The second-largest sector, with $3.8 trillion in market cap. 🔶 Top Three Companies:  🔸 Apple: Ranked first with a market cap of $3.454 trillion.  🔸 NVIDIA: Second with $3.111 trillion, highlighting the tech sector's strength.  🔸 Microsoft: Third with a market cap of $3.073 trillion. 🔶 Global Distribution:  🔸 United States: Dominates the list, especially in the tech sector.  🔸 Saudi Arabia: Represented by Saudi Aramco Total Refining and Petrochemical Company (SATORP), the leading energy company with a market cap of $1.803 trillion.  🔸 Taiwan: Represented by TSMC, a key player in the semiconductor industry with a market cap of $877 billion. 🔶 Significant Mentions:  🔸 Berkshire Hathaway Inc. (Warren Edward Buffett): The most valuable conglomerate, close to reaching $1 trillion in market cap.  🔸 Tencent: China's top company, though its value has decreased from its peak in 2021. The 2024 ranking highlights the dominance of the technology sector, particularly by U.S. companies.Despite some international representation, U.S. companies continue to lead in market value. The rise of companies like Berkshire Hathaway Inc. shows the strength and adaptability of conglomerates in the global market. 👀 To view all 50 companies, go to 👇 https://lnkd.in/gmtWc-sP #Global #companies #business #valuation #valuable #market #tech #entrepreneur #innovation #innovator #US #China #conglomerate #marketcap #energy #semiconductor #healthcare #shares #stocks #stockmarket #stockprice #traders #finance #investors #investment #success #money

🇺🇸 5 Interesting Startup Deals You May Have Missed In August: Laundry, Space And Allergy Startups See Cash 💸 In August 2024, several innovative startups across various sectors secured substantial funding, showcasing the diversity and potential of emerging technologies. Here are 5 that you may have missed: 1️⃣ Cents 🔴 Location: New York 🔴 Funding: $40 million Series B led by Camber Creek 🔴 Offers a business management platform tailored for laundromats, dry cleaners, and shared laundry rooms. 🔴 Has raised over $77 million and acquired Laundroworks (Mitech Integrated Systems), a payments system for laundromats. 2️⃣ Amulet 🔵 Location: Madison, Wisconsin 🔵 Funding: $5.8 million Series A led by HealthX Ventures 🔵 Developed the Allergy Amulet, a portable device that detects food allergens using rapid, on-site molecular detection technology. 🔵 The startup also offers a commercial device for restaurants and food suppliers to identify allergens and contaminants, expanding its market reach. 3️⃣ AstroForge ⚫ Location: Southern California ⚫ Funding: $40 million Series A led by #NovaThreshold ⚫ Focused on off-Earth mining, with plans to land a spacecraft on a metallic asteroid next year. ⚫ This mission could mark the first privately funded landing on a celestial body beyond the Earth-Moon system. Significance: ⚫ Aims to address resource depletion by exploring space mining, a frontier with significant long-term potential. 4️⃣ ZBiotics 🔴 Location: San Francisco 🔴 Funding: $12 million Series A led by Spring Tide Capital 🔴 Develops genetically engineered probiotics to address health issues related to modern diets and lifestyles. 🔴 With profitability and doubled sales yearly, ZBiotics is expanding into a portfolio of probiotics, positioning itself as a leader in the wellness tech sector. 5️⃣ InventWood 🔵 Location: Frederick, Maryland 🔵 Funding: $8 million from The Grantham Foundation for the Protection of the Environment and Builders Vision 🔵 Developing “superwood,” a high-performance building material stronger and lighter than steel, with enhanced durability and resistance. 🔵 Plans a commercial launch in early 2025, aiming to revolutionize the construction industry. These startups are leading innovation in their respective fields, attracting significant investment and positioning themselves for future growth. We at Fortrino wish them success in all their future endeavors. 🚀 🇺🇸 For further details, go to Crunchbase article 👇 https://lnkd.in/d4ZKsUgG #startups #USA #tech #investor #VCs #investment #laundry #space #allergy #healthtech #spacetech #spacemining #spacecraft #asteroid #probiotics #superwood #climate #construction #innovation #innovators #success #future #funding #entrepreneur #entrepreneurship