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Unicorn founder backs Multipolitan’s pre-seed round

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3 months ago

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Multipolitan’s pioneering platform transforms global mobility, empowering individuals to explore, live, work and thrive anywhere in the world.

SINGAPORE, June 28, 2024 /PRNewswire/ — Multipolitan, the world’s first product-driven global migration platform, has secured pre-seed funding from Lee Smith, the visionary entrepreneur behind Paidy, which was acquired for $2.7 billion by PayPal.

This strategic investment supports Multipolitan’s mission to empower a new generation of Multipolitans – ambitious individuals seeking freedom, opportunity and belonging through seamless global mobility solution.

Headquartered in Singapore, Multipolitan aims to revolutionize immigration by transforming it into a streamlined product-driven experience. Initially focusing on investment-based migration strategies for high-net-worth individuals (HNWIs), the company plans to scale its services to include visa and consular services, skilled migration, nomad visas, and business incorporation.

“We are building a brand that resonates with both the established and the aspiring. Multipolitans defy traditional notions of residency, understanding that true security lies in the ability to adapt and thrive amidst change,” said Nirbhay Handa, CEO and Co-Founder of Multipolitan.

 

Are you a Multipolitan? (youtube.com)

High-net-worth individuals (HNWIs) are increasingly transnational and mobile, seeking superior business and lifestyle opportunities. According to the Knight Frank Wealth Report 2024, the global population of HNWIs is projected to increase by 28.1% by 2028. This growth trajectory suggests that the number of HNWIs will exceed 100 million within the next five years, marking a 56.9% increase. This data indicates that the market for international mobility solutions is currently only beginning to realize its potential.

Highlighting the limitations and opportunities in the global immigration landscape, Sandeep Jain, COO and Co-Founder of Multipolitan, stated, “The traditional immigration landscape is ripe for disruption. Today, individuals and businesses seek to diversify investments and expand global mobility options but are consistently frustrated by archaic practices. Multipolitan’s product-driven approach places the customer at the center, delivering a seamless and frictionless user experience.”

Co-Founder Lee Smith expressed his enthusiasm for supporting Multipolitan’s vision, saying, “Multipolitan is building a better future by connecting people and their skills to opportunities ripe for growth. Their innovative approach to global mobility is something I truly believe in and am excited to be a part of.”

Multipolitan recognizes the evolving nature of sovereignty. As corporations rival nations in GDP and virtual realms disrupt traditional state dynamics, the company envisions a future where individuals maintain dual allegiances. Leveraging its expertise in Foreign Direct Investment (FDI) and the blockchain capabilities of its parent firm EmergentX (www.emergentx.org), Multipolitan aids governments in building trust and engagement through advanced digital systems and e-governance policies. The company also assists governments in establishing Special Economic Zones (SEZs) grounded in principles of neutrality, sustainability, and legality.

Multipolitan’s services include:

Investment-based migration strategiesVisa and consular servicesSkilled migrationNomad visasEducation ServicesBusiness incorporationGovernment Advisory

Multipolitan’s mission statement, “Liberty, Security, and Mobility,” reflects its core values and embodies a more state-than-corporate approach. The company strives to provide accessible and transparent immigration solutions, fostering individual freedom and security in a world of increasing mobility.

About Multipolitan:

Multipolitan is the world’s first and only product-driven global migration platform that streamlines the process of traveling, relocating, setting up businesses, and managing assets for the borderless enthusiast. With offices in Dubai and Singapore, Multipolitan enables families to navigate geopolitical risks, capitalize on global opportunities, and establish financial resilience.
www.multipolitan.com

About the Founders:

Nirbhay Handa, CEO and Co-Founder
Nirbhay has been an advisor to presidents, ministries, and public sector heads on FDI strategies. Formerly at Henley & Partners, Nirbhay was the Group Head of Business Development and Asia Head of Private Clients. He played a crucial role in reengineering Henley & Partners’ global business development strategy, overseeing a significant portion of the company’s fee-earning headcount across regions from South Africa to Israel and the USA to Hong Kong. Nirbhay graduated from the University of Nottingham on an academic scholarship.

Lee Smith, Co-Founder
Lee is a serial entrepreneur and a renowned investor. Before Multipolitan, Lee co-founded Paidy. This Japanese payment network achieved unicorn status with notable shareholders like Goldman Sachs, Amazon, Visa, and Fidelity. PayPal paid $2.7 billion to acquire the company in 2021.

Sandeep Jain, COO and Co-Founder
Sandeep’s impressive career journey includes working as a management consultant for Accenture and Infosys across the UK and India. He has built, managed, and recently exited a climate tech business where he raised capital from the Asian Development Bank. Sandeep graduated with honors on the Dean’s list from Bangalore University and became a Fulbright scholar, earning his Master’s degree at the University of Lancaster. 

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SOURCE Multipolitan

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Eoptolink Releases OSFP 1.6T DR8 and 2FR4 Series Transceivers for AI/ML Clusters and Cloud Datacenter Networks

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25 mins ago

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September 20, 2024

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CHENGDU, China, Sept. 20, 2024 /PRNewswire/ — Eoptolink Technology Inc., Ltd. (SZSE: 300502), a leading innovator and provider of advanced optical transceiver solutions, announces the release of its OSFP 1.6T DR8/DR8-2 and 2xFR4 transceivers enabling the next generation high bandwidth networks for AI/ML clusters and cloud datacenters.

Eoptolink 1.6T OSFP transceivers have 8 electrical host interfacing lanes and 8 optical lanes operating at 212.5Gb/s (106GB with PAM4). Equipped with the industry’s latest DSP, these modules support transmission distances of up to 2km without the need to regenerate the FEC. The 1.6T DR8 and DR8-2 modules comes with either one MPO-16 adapter for point-to-point (P2P) connections or two MPO-12 adapters for 2x800G breakout applications. The 1.6T 2xFR4 modules are designed with a dual duplex LC connector running with 2 pairs of fibers only, which could help users to save fiber resources compared to DR8 and DR8-2 versions.

The 1.6T DR8/DR8-2 and 2FR4 Portfolio consists of: – 

EOLO-13T-5H-XMX    OSFP 1.6T DR8, 1×1.6TbE, 500m, MPO-16
EOLO-13T-5H-XDX    OSFP 1.6T DR8, 2x800GbE, 500m, Dual MPO-12
EOLO-13T-02-XMX    OSFP 1.6T DR8-2, 1×1.6TbE, 2km, MPO-16
EOLO-13T-02-XDX     OSFP 1.6T DR8-2, 2x800GbE, 2km, Dual MPO-12
EOLO-16T-02-XXX     OSFP 1.6T 2FR4, 2x800GbE, 2km, Dual Duplex LC

Eoptolink OSFP 1.6T transceivers feature both EML and SiPh-based solutions, and testing has demonstrated excellent performance. “We are very proud of our optical and RF design teams, says Sean Davies, VP Sales, Eoptolink Technology Inc., Ltd. “Our 1.6T OSFP modules do not need an additional FEC on the optical side and this results in lower latency and power consumption of the modules simplifying the complete system and helping our AI and cloud customers in their work.”

About Eoptolink

Eoptolink Technology Inc., Ltd. (SZSE: 300502), a publicly traded company in China, is a leading innovator and provider of advanced optical transceiver solution for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world.

Contact Us

China(HQ):   

No.510 Wulian Avenue, Chengdu 610200

USA:   

3191 Laurelview Court, Fremont, CA 94538

Thailand:   

390/21 Moo 2, Khao Khan Song, Sriracha, Chonburi 20110

E-mail:  

sales@eoptolink.com 

 

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SOURCE Eoptolink Technology Inc., Ltd.

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Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising

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September 20, 2024

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COLOGNE, Germany, Sept. 20, 2024 /PRNewswire/ — In September, Flat Ads makes its mark at DMEXCO 2024, the prestigious European event of digital marketing and technology. The highly successful exhibition boasts 650 exhibitors, 850 speakers, and thousands of participants. At the event, Flat Ads showcased the strength of programmatic advertising platform in ad delivery, traffic optimization, and brand safety.

Flat Ads programmatic advertising platform has an exclusive developer traffic of 700 million and an extensive network spanning over 200 countries and regions worldwide. It cooperates with over 200 leading DSP/SSP partners, including FreeWheel, PubMatic and Criteo, leveraging an efficient and complete bidding system, as well as automatic delivery algorithms, to achieve precise marketing and advertising effectiveness maximization.

With its exclusive platform strategy algorithm, Flat Ads programmatic advertising platform can continuously conduct automatic exploration and matching based on the characteristics of DSP and traffic, optimize and adjust the algorithm model in real-time. This not only ensures the sustainability of DSP budgets, but also maximizes traffic utilization and enhances monetization revenue of advertisements.

Moreover, brand protection is among the top priorities of Flat Ads. In addition to accessing to authority agency Pixalate to test the effectiveness of ads, it has also accessed HUMAN, the global cybersecurity authority to safeguard its clients by preventing bot attacks, digital fraud and abuse, ensuring a stable, reliable, and secure programmatic advertising transaction platform.

By participating in DMEXCO 2024, Flat Ads showcased its outstanding strength and fruitful achievements in the programmatic advertising field, attracting the attention of numerous advertisers and developers for cooperation. Flat Ads boasts not only robust technical capabilities and innovative prowess, but also an active and open attitude towards emerging technologies, embracing and exploring them. It remains committed to providing more professional and efficient global marketing services to advertisers and developers worldwide, helping clients stand out in the fiercely competitive market and achieve business growth.

As a globally leading mobile advertising marketing platform, Flat Ads currently operates offices in Singapore, Indonesia, Hong Kong, and Guangzhou, serving over 1000 clients with global marketing solutions. If you’re interested in Flat Ads’ programmatic advertising services, please visit www.flat-ads.com.

View original content:https://www.prnewswire.co.uk/news-releases/flat-ads-makes-its-mark-at-dmexco-2024-showcasing-strength-in-programmatic-advertising-302253872.html

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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1 hour ago

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September 20, 2024

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

View original content:https://www.prnewswire.com/apac/news-releases/tulufan-xinjiang-for-the-first-time-a-new-energy-plant-and-station-has-achieved-all-green-electricity-operation-302253902.html

SOURCE State Grid Tulufan Electric Power Supply Company

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