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VersiFi Acquires Ather Digital

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Acquisition expands VersiFi’s digital asset trading technology to include direct market access and smart order routing developed by Manifold Capital Partners; company to expand in UAE

NEW YORK and ABU DHABI, UAE, May 23, 2024 /PRNewswire/ — VersiFi, the digital asset trading and lending firm, today announced it has acquired Ather Digital for an undisclosed amount. The deal, which closed in May, bolsters VersiFi’s suite of trading technology to include direct market access (DMA), algorithmic trading and smart order routing (SOR).

Ather Digital was spun out of Manifold Capital Partners (“Manifold”), a systematic quantitative investment firm, in 2022. Its technology was developed in partnership with Manifold and other HFT hedge funds specifically to meet their digital assets trading requirements and will be integrated into VersiFi’s trading and lending platform. Manifold and other leading investors will now be minority shareholders in VersiFi.

“This acquisition accelerates our product strategy and gives us a comprehensive suite of trading solutions earlier than anticipated,” said Sameer Shalaby, founder and co-CEO of VersiFi. “Built with the needs of quantitative investment managers in mind, Ather’s technology has exceptional performance, efficiency and interoperability characteristics that can translate into significant cost savings for clients. We are delighted to welcome the Ather team to VersiFi and together launch these capabilities to market.”

In addition, Ather Digital’s team of developers and Abu Dhabi office are now part of VersiFi, and founder and chief technology officer, Sidharth Sankhe, has taken the role of Head of Quant Trading Technologies as part of VersiFi’s executive leadership team. VersiFi also has plans to grow its presence in the UAE.

“We are excited to back such a powerful and proven team. VersiFi is perfectly equipped to turn Ather’s vision into reality,” said Jae Chung, founder and CEO of Manifold Capital Partners. “With so many ways to collaborate, Manifold will be giving maximal support to VersiFi as they continue to scale.”

“We, alongside Ather’s other institutional investors, are excited to partner with VersiFi’s leadership team to continue our efforts in taking Ather’s technology to market,” said Richard Blankenship, Founder & General Partner of Dream Ventures. “VersiFi’s vision is complementary to Ather’s – and ours – and we are confident that their combined technology and teams will create a highly differentiated industry offering.”

About VersiFi
VersiFi is a digital asset trading and lending firm that combines a high-tech platform with high-touch services to help institutions trade and borrow efficiently. VersiFi’s plug-and-trade platform provides a single point of access for trading, borrowing, and lending, as well as custody services provided by third-party partners. Led by a team of proven industry professionals, VersiFi is determined to help digital assets reach their fullest potential. For more information visit www.versifi.io.

CONTACT INFORMATION
Jennifer Berlin
Forefront Communications for VersiFi
+44 (0) 7375 288 641
jberlin@forefrontcomms.com

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eBay Launches Auction of Pre-Loved Fashion and Custom Porsche Ahead of Miami Race Weekend

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The auction celebrates the marketplace’s coveted cross-category assortment, offering race-ready style and a custom 1993 Porsche 911 to enthusiasts at the intersection of fashion and car culture

SAN JOSE, Calif., May 2, 2025 /PRNewswire/ — Today, eBay announces an exclusive auction featuring a selection of pre-loved luxury fashion and a customized 1993 Porsche 911 Carrera 4 Cabriolet, timed to Miami’s race weekend. Curated in collaboration with model and motorsport enthusiast Winnie Harlow, the auction spotlights the connection between fashion, motorsport culture, and eBay’s marketplace for rare and one-of-a-kind finds. Bidding is open now through May 12 at ebay.com/guaranteedfitdrop.

Pre-loved fashion items include coveted pieces like a vintage Moschino leather vest, Celine wedge knee-high boots and a blue Gucci Jackie bag selected by Harlow and eBay’s Resident Stylist Brie Welch.

The auction’s automotive centerpiece is a low-mileage, four-wheel-drive 1993 Porsche 911 Carrera 4 Cabriolet, with all parts, upgrades, and accessories sourced through eBay. The custom build features Corbeau Sport Seats, a Momo Monte Carlo steering wheel, a Fabspeed Maxflo exhaust, and other enhancements, blending classic Miami styling with modern performance.

“Style and speed are a huge part of my life, and eBay is the ultimate destination where those passions come together,” said Winnie Harlow. “Each item in this auction represents individuality, performance, and self-expression — whether on the track or in your personal style.”

During Miami race weekend, attendees can also visit the eBay “Guaranteed Fit Stop,” a pit stop-inspired interactive installation located on the promenade. Guests can experience luxury fashion and automotive finds, all available on eBay.

Bids start at $0.57, a nod to the number of laps required to complete Sunday’s race. All proceeds from the online auction will benefit Vitiligo Support International. For more information, follow @ebay on Instagram and TikTok.

About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2024, eBay enabled $75 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

About eBay for Charity
eBay for Charity enables members of the eBay community to connect with and support their favorite charities when they buy or sell in the U.S. and abroad. Sellers can donate up to 100 percent of the proceeds to a charity of their choice, while buyers can add a donation to their purchase during checkout. To date, more than $1.3 billion has been raised for charity around the world by the eBay community.

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SOURCE eBay Inc.

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Virgo launches EndoML, a state-of-the-art AI development platform for gastroenterologists and pharmaceutical researchers, at DDW 2025

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SAN DIEGO, May 2, 2025 /PRNewswire/ — Virgo Surgical Video Solutions, Inc., a leader in endoscopic AI technologies, today announced the official launch of EndoML at Digestive Disease Week (DDW) 2025. EndoML is an innovative artificial intelligence development platform specifically designed to empower gastroenterologists and pharmaceutical researchers, significantly accelerating the journey from AI concept to clinical application.

EndoML leverages Virgo’s powerful AI foundation model, EndoDINO, which was trained on an extensive dataset comprising over 130,000 full-length gastrointestinal (GI) endoscopy videos. The EndoDINO model has previously demonstrated state-of-the-art performance across diverse GI endoscopy applications, including anatomical landmark recognition, polyp segmentation, and inflammatory bowel disease (IBD) severity scoring.

“The EndoML platform puts the power of artificial intelligence directly into the hands of clinicians and researchers, allowing them to harness the full power of AI in gastroenterology,” said Matt Schwartz, CEO of Virgo. “Our goal is to streamline and democratize AI development in the field, facilitating quicker transitions from research innovations to tangible patient care improvements. I’ll be doing live demos of EndoML at DDW 2025.”

EndoML enables researchers to seamlessly train custom AI models using their proprietary datasets.

Powered by EndoDINO as a backbone model, researchers can expect to achieve superior model performance, while requiring less labeled data. Developed models become readily accessible for ongoing research, collaboration, and further advancements within the scientific community. Notably, Virgo has previously demonstrated EndoML’s remarkable accuracy and effectiveness for Mayo Endoscopic Scoring at both frame-level and video-level analyses.

Chris Lawcock, Virgo’s VP of Engineering, emphasized the platform’s versatility: “EndoML not only simplifies AI model development but also provides pharmaceutical sponsors flexibility to train and deploy these models on their own terms. EndoML models seamlessly integrate within VirgoTrials, our data capture and management solution for clinical trials. At the same time, sponsors can also leverage EndoML models in their own data analysis environments. It’s a comprehensive toolset designed to meet the unique needs of clinical and pharmaceutical research.”

Virgo invites attendees at DDW 2025 to experience the power and potential of EndoML firsthand. Demonstrations and personalized consultations are available throughout the conference, or sign up by visiting endoml.ai.

Book your demo today to explore EndoML at DDW 2025.

Note: EndoML and EndoDINO are intended for research use only. Integration within the VirgoTrials clinical research platform is available upon request. EndoML and EndoDINO are not medical devices and are not intended to be used by healthcare professionals for clinical decision making, diagnosis, or patient care.

Media Contact:
Toni Toomey
Email: tonis@virgosvs.com
Phone: 760-501-1578

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SOURCE Virgo Surgical Video Solutions, Inc.

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Seegene’s CURECA(TM) Emerges as a Potential Game Changer in End-to-End PCR Automation

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Seegene previews a concept video of CURECATM at ESCMID Global 2025, ahead of its anticipated debut in JulyWith a fully modular design, CURECATM introduces a bold vision for automating pre-treatment across diverse PCR specimen typesDeveloped for future integration into unattended workflows and adaptable laboratory settings

SEOUL, South Korea, May 2, 2025 /PRNewswire/ — Seegene Inc., a global leader in molecular diagnostics (MDx) solutions, has attracted strong interest after the company presented a conceptual video of its CURECATM at the European Society of Clinical Microbiology and Infectious Diseases (ESCMID Global 2025) in Vienna, Austria. 

Industry professionals recognized CURECATM as a promising advancement in automating the entire PCR diagnostic workflow — from primary sample handling to result analysis. In response to the interest received, Seegene provided additional opportunities to showcase the solution at the ESCMID Global 2025.

More than 2,300 attendees — including dignitaries from Italy, Spain, Germany, France, and Canada — visited Seegene’s booth to view the conceptual video introducing the CURECATM. “It was evident that the Seegene booth attracted considerable attention at ESCMID,” said one professional from academia.

Experts Recognize CURECATM as a Game Changer in Molecular Testing Automation

The CURECATM is designed to automate the entire PCR diagnostic process. It can handle various specimen types required in the pre-treatment stage in MDx – such as stool, urine, blood, and sputum—as well as perform the complete PCR testing workflow following sample loading. 

The following are select comments from industry professionals who previewed Seegene’s CURECATM at ESCMID Global 2025:

“I hold high expectations for the fully automated PCR molecular diagnostics, as CURECATM not only eliminates human error inherent in manual processes but also enables efficient testing without time or workforce constraints.”

“We often encounter specimen types that require careful and time-consuming manual pre-processing. A system that can automate this step could represent a true paradigm shift. This level of automation is transformative – a real game changer – and unlike any existing solution. I eagerly await its launch.”

“If paired with our in-house diagnostic tool kits, CURECATM could offer a complete synergy. I hope CURECATM will be accessible to small and mid-sized facilities.”

“I’m planning to attend ADLM 2025 in Chicago in July to see the actual device and explore potential collaborations.”

Customizable Pre-Treatment System Offers Versatility for Future Laboratory Automation

The first component of CURECATM is the Customizable Pre-treatment System (CPS). The CPS is designed to automate the loading of primary sample tubes and operate pre-treatment processing.

“The CPS is a modular, automated system intended to streamline pre-treatment processing across diverse diagnostic fields including molecular diagnostics such as PCR, as well as clinical chemistry and immunology assays,” said Young-Seag Baeg, Head of Strategy and Planning at Seegene.

Numerous healthcare (or laboratory) professionals at ESCMID Global 2025 noted that the conceptual video of CURECATM showcased the potential of fully automated diagnostic laboratories capable of managing complex workflows associated with pre-treatment. In particular, there was consensus among participants that the CPS, which automates specimen preprocessing, is positioned to bring a significant advancement in in vitro diagnostics as it addresses limitations associated with existing manual procedures that are dependent on trained laboratory professionals.

“The turnaround time (TAT) is expected to improve with CURECATM as the integrated software is capable of adjusting workflows based on reporting deadlines,” said a director of a laboratory in Spain. “In particular, for sexually transmitted infections (STIs), the CPS will markedly enhance daily laboratory operations. The processing of specimens for STIs involves manual handling of multiple sample tubes, which contributes to operator fatigue. The adoption of the CPS has the potential to be transformational in streamlining routine operations.” 

Modular and Configurable Solution Design for Tailored Diagnostics

Following specimen preprocessing, molecular diagnostics typically involve nucleic acid extraction, PCR setup and amplification, and analysis of results. For specimens that do not need preprocessing, Seegene offers the Primary Sample Aliquot System (PAS) as an alternative to the CPS. PAS is designed to allow direct loading and dispensing of primary samples, helping to simplify the workflow. Seegene is pursuing the integration of PAS with a fully automated PCR process through a modular solution concept called CEFA (Customizable & Expandable Full Automation), intended to support diverse laboratory needs with greater flexibility.

Seegene aims to leverage the modular architecture of CURECATM to support a wide range of diagnostic applications. “CURECATM can be deployed as a comprehensive system or as individual modules—CPS, PAS, and CEFA—configured independently or in combination to accommodate diverse operational needs,” said Baeg.

Optimizing Lab Workflows Through Space-Saving Design

Another key advantage of the CURECATM’s modular architecture is that it is designed to adapt to different laboratory spaces and layouts. Its flexible design is intended to allow labs to configure the system according to their specific needs, which Seegene sees as essential for enhancing operational efficiency.

Laboratory professionals at ESCMID 2025 shared the following perspectives:

“The ability to configure a system to meet specific spatial and operational needs of individual laboratories represents a novel and highly compelling approach.”

“We expect such flexibility will make it possible to implement workflows that deliver high-quality results with minimal reliance on standardized laboratory configurations and staffing resources.”

“The enthusiastic global response to our concept video and vision for CURECATM demonstrate the strong demand for next-generation diagnostic solutions,” said Jong-Yoon Chun, CEO of Seegene. “We believe CURECATM has the potential to catalyze meaningful change in the global PCR diagnostics landscape.”

Please Note:

The comments included in this press release are based on actual interviews and on-site discussions. However, in accordance with requests to protect the privacy of the individuals interviewed, all names have been pseudonimized.

About Seegene

Seegene has more than 20 years of dedicated experience in R&D, manufacturing, and business related to syndromic real-time PCR technologies. This expertise was particularly highlighted during the COVID-19 pandemic when Seegene provided over 340 million COVID-19 tests to more than 100 countries worldwide. The core feature of Seegene’s syndromic real-time PCR technology is the ability to simultaneously test for 14 pathogens that cause similar signs and symptoms in a single tube with quantitative information.

Visit: Seegene.com and follow linkedin.com/company/seegene-inc

Technology-sharing Initiative

The technology-sharing initiative aims to globally share Seegene’s advanced diagnostic and data analysis technologies, including syndromic real-time PCR and an automated product development system (SGDDS), with a leading company partnered in each country. Partnering companies will collaborate with local scientists and experts to develop diagnostic tests tailored to the needs of their communities and fields, spanning a wide range of human and non-human diseases. The initiative’s ultimate vision is to create “a world free from diseases”—a future where people no longer suffer from infectious diseases and cancer, and where animals and plants thrive without illness.

 

 

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