Technology

Synerise Strengthens Growth Strategy With New $8.5 Million Investment in Series B+ Round

Published

3 months ago

July 6, 2024

Synerise, a deep-tech company specializing in AI-driven behavioral modeling and big data solutions, has announced a significant $8.5 million investment from VTEX (NYSE: VTEX) and renowned business angels as part of its Series B+ funding round. This strategic investment will bolster Synerise’s expansion into new markets and reinforce its position as a global leader in behavioral AI.

NEW YORK, July 6, 2024 /PRNewswire-PRWeb/ — Synerise, a deep-tech company specializing in AI-driven behavioral modeling and big data solutions, has announced a significant $8.5 million investment from VTEX (NYSE: VTEX) and renowned business angels as part of its Series B+ funding round. This strategic investment will bolster Synerise’s expansion into new markets and reinforce its position as a global leader in behavioral AI.

Synerise provides advanced AI and big data technology solutions to over 150 markets. The company’s clients include industry leaders in retail, banking, eCommerce and other industries. It delivers more than 1 billion AI-driven autonomous decisions daily. Synerise is one of the largest big data platforms in Europe, recognized and awarded by Google, Microsoft, and the Financial Times.

By partnering with VTEX, the composable and complete commerce platform for premier brands and retailers, Synerise will enhance its global reach and innovation capabilities. VTEX, a company listed on the New York Stock Exchange, is trusted by major global brands, including Carrefour, Colgate, Motorola, Sony, Stanley Black & Decker, and Whirlpool. With 3,500 active online stores in 43 countries, VTEX enables brands and retailers to build their omnichannel strategy by connecting different channels and a wide commerce ecosystem, ensuring faster time to market and lower total cost of ownership, while delivering more efficiency, less maintenance, and smarter IT investments.

VTEX chose the Polish company Synerise as the AI technology foundation to power the AI functionality of the VTEX Platform and its ecosystem.

“We are thrilled to welcome VTEX as a strategic partner” said Jaroslaw Królewski, founder and CEO of Synerise. “This investment validates our technology and vision, providing us with the resources to accelerate our growth plans. Together with VTEX, we will empower businesses to unlock the full potential of AI-driven customer engagement and achieve unparalleled success in the digital commerce landscape.”

Geraldo Thomaz, founder and co-CEO of VTEX, commented, “We are impressed with Synerise’s technology and team. By far, it is the best model for behavior prediction that we had the opportunity to test. We believe Synerise can consolidate the infrastructure layer for companies developing AI solutions. AI providers will consolidate as fast as cloud providers consolidate. We see Synerise as the core for the AI retail world.”

Synerise and VTEX have announced a deep technological cooperation. This alliance will integrate Synerise’s AI-driven behavioral prediction models with VTEX’s commerce platform, providing VTEX’s enterprise customers with enhanced AI capabilities. VTEX and Synerise signed a term sheet that aggregates a commercial and share-based agreement. VTEX will develop AI products and add-ons based on the BaseModel™ (Synerise’s prediction technology).

VTEX connects over 1,000 system integrators and independent software vendors, and more than 6,000 VTEX IO extensions created by third parties, enabling comprehensive solutions for its customers with an impressive speed of implementation. This powerful ecosystem will be trained to deploy Synerise-powered solutions integrated with the VTEX Platform.

This partnership positions both companies to lead the future of AI-powered commerce, enabling businesses to leverage data and real-time insights to personalize customer experiences, optimize marketing campaigns, and drive sales.

Synerise also announced new shareholders, including Marcin Zukowski, co-founder of Snowflake, and Simon Hay, former CEO of dunnhumby. This expansion of the shareholder base supports Synerise’s growth into new markets from its roots in Poland and Eastern Europe to becoming a global leader in behavioral AI.

“Our new shareholders play major roles in the tech and data world, and their involvement signifies our ambitions for the future” said Królewski.

Following this investment, Synerise is now valued at over $120 million USD. The company employs over 200 people.

About Synerise

‍Synerise is a deep-tech company founded in 2013 in Krakow, Poland, with offices in Warsaw, San Francisco, and Dubai. The company provides advanced and proprietary AI and big data technology solutions in more than 150 markets, supporting over 1 billion AI-driven autonomous decisions daily. Synerise offers a SaaS platform that allows organizations to store, process, and analyze data in real-time, leveraging AI to personalize experiences, predict future trends, and optimize business operations. Synerise is science-oriented, focusing on developing the best AI talent in the region. Beyond its commercial platform, the company offers open-source projects that benefit various industries beyond its core markets, including cancer drugs and generic medications development. Synerise won multiple awards for its achievements in AI and behavioral modeling, and consistently delivers state-of-the-art results. Synerise also actively supports educational initiatives, scientific research, and community projects. For more information about Synerise and its advanced AI and big data technology solutions, visit synerise.com

About VTEX

VTEX (NYSE: VTEX) is the composable and complete commerce platform that delivers more efficiency and less maintenance to organizations seeking to make smarter IT investments and modernize their tech stack. Through its pragmatic composability approach, VTEX empowers brands, distributors, and retailers with unparalleled flexibility and comprehensive solutions, enabling them to invest solely in what provides a clear business advantage and boosts profitability. VTEX is trusted by 2,600 global B2C and B2B customers, including Carrefour, Colgate, Motorola, Sony, Stanley Black & Decker, and Whirlpool, having 3,500 active online stores across 43 countries (as of FY ended on December 31, 2023). For more information, visit www.vtex.com.

Media Contact
Jaroslaw Krolewski, Synerise, 48 507760147, office@synerise.com, synerise.com

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SOURCE Synerise

Technology

The Ar-King of Spirits: Ed Arking’s Impact on the Liquor Industry

Published

19 mins ago

September 21, 2024

In the interest of providing luxury liquors in a convenient and stress-free format, Served Neat was born. When asked about his intentions for the company, Ed states, “My goal with Served Neat is to create a one-stop shop where customers can easily discover these rare gems.”

MOORESTOWN, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — Served Neat is an emerging online platform with a curated selection of some of the world’s most popular luxury spirits. The website offers daily flash deals that highlight a variety of high-end international brands including Pappy Van Winkle, Buffalo Trace, Clase Azul, and more.

“While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Ed and Joe Arking, the father-son team behind the concept of Served Neat, have decades of experience hand-selecting and supplying sought-after liquors. Ed Arking, CEO of New Jersey’s Roger Wilco, grew up in the world of wine and spirits and formed his own business aspirations.

“Growing up, I watched my father navigate and succeed in the ever-evolving wine and spirits industry,” Ed explains. “While I always aspired to create something similar, I knew I needed to wait for the right moment.” Ed has gone on to manage his own liquor store and lead projects for up-and-coming brands, such as the vodka-infused and non-carbonated Smooth Water.

As he evolved in his career, Ed discovered the perfect time to make his lifelong vision a reality. He recalls, “I noticed a gap in the market—especially for whiskey and tequila. These categories have surged in popularity, making it difficult for the everyday consumer to find those elusive sought-after allocated bottles.”

When it comes to Served Neat, quality and knowledge is key. Ed adds, “While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Served Neat is the sister company to WTSO and The Wine Market, two online platforms dedicated to sourcing and distributing top-notch wines from every corner of the globe.

At The Wine Market, an online marketplace for the world’s most popular wine brands, convenience and quality are key. Each bottle in their curated collection is a testament to exceptional flavor and craftsmanship.

Since 2006, WTSO has enjoyed creating a unique wine experience and sharing it with new beginners and seasoned connoisseurs alike. Using an extensive network of wineries and wine makers, WTSO connects customers to thousands of brands from top wine appellations around the globe. The strong relationships they’ve formed within the wine world allow the business to deliver authentic and high-quality bottles to homes across the United States.

Wine and spirits lovers alike are invited to explore Served Neat, WTSO, and The Wine Market to find their next favorite bottle. Visit their websites to learn more about these one-of-a-kind online marketplaces!

Media Contact

Julie Blount, WTSO, 1 8669572795, marketing@wtso.com

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SOURCE WTSO

Technology

Compete for $150K Prizes: Join Spatial Joy 2024 The Global AR Application Development Championship

Published

1 hour ago

September 21, 2024

HANGZHOU, China, Sept. 21, 2024 /PRNewswire/ — Spatial Joy 2024 The Global AR Application Development Championship is now open for registration! Organized by Rokid, a global leader in human-computer interaction through augmented reality, this championship invites AR developers globally to harness voice, gesture, and visual AI technologies to create groundbreaking AR experiences. Powered by the self-developed YodaOS-Master operating system, Rokid AR glasses deliver exceptional spatial computing performance.

What is Spatial Joy 2024 about？
In September 2022, Rokid kicked off its first AR Application Development Championship. The second championship, held last year in collaboration with Unity and Agora, quickly established itself as the largest AR application development event in China. As Rokid celebrates its 10th anniversary this year, we are excited to present “Spatial Joy,” our newly branded global championship, open to developers worldwide for the first time, and positioned as the flagship event in the AR industry.

Why join Spatial Joy 2024?

Compete for a $150,000 prize poolFree access to Rokid AR Lite or Rokid AR studioDiscounted rates on purchasing Rokid productsFree participationTechnical support from Unity and AgoraInternational exposure within the AR industryOpportunity to attend the award ceremony in China

Who can participant?
The championship is open to global AR developers of all levels, including students, independent developers, teams, and professionals across sectors such as healthcare, retail, education, gaming, entertainment, lifestyle, and more.

How to register?
Detailed registration guidelines and requirements are available online at [https://t.rokid.com/iwvwcxkn]. Developers can register and submit their projects through Rokid official website at [www.global.rokid.com].

Spatial Joy 2024 Timeline:

Registration Deadline: October 16, 2024Final Project Submission Deadline: November 15, 2024Finalists Announcement: December 27, 2024Award Ceremony: January 11, 2025

About Organizer
Rokid has expanded its global presence, making notable progress in key markets across North America, Europe, and Asia, including a successful campaign on Kickstarter. With a decade of expertise, Rokid has revolutionized AR technology, transforming how users interact with both digital and physical environments.

Join us in shaping the future of AR with Rokid – enter Spatial Joy 2024 The Global AR Application Development Championship Now!

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SOURCE Rokid

Technology

Summit of Whose Future? Girls Have the Answers: Leaders Must Listen

Published

3 hours ago

September 21, 2024

Young Women Activists Launch “What Girls Want,” Demand World Leaders Put Girls at the Center of Summit of the Future

NEW YORK, Sept. 21, 2024 /PRNewswire/ — Today in New York, more than 50 young women from around the world – including Nobel Prize Laureate Malala Yousafzai – gathered to take government to task for failing to prioritize girls and young women in the upcoming Summit of the Future. The group is backed by acoalition of girl-centered non-profit organizations, institutions, and funds who synthesized the demands of girls at www.whatgirlswant.com.

At a demonstration near the UN, alongside life-size cutouts of world leaders dressed ironically as “girl experts”, the activists delivered a strong message: world leaders aren’t the experts on what girls want for their futures – girls are.

Eylül Erçin, 19, from Türkiye, shared: “The time has passed for girls and young women to be treated as mere afterthoughts. Leaders must include us in the foundational design of these processes, ensuring that our priorities are integrated into shaping the future we will inherit. Anything less is unacceptable.”

Today’s event is about more than calling out a process failure. Girls i from around the world delivered a forward-looking call to action this week. They expect governments, institutions, and community leaders to step up and help shape a more equitable future.

Alongside fellow activists, Malala said: “Even at 27, I know better than to assume I understand best what girls want. Everywhere I go, girls are eager to share their vision for their futures. As adults, it is our job to listen, fund their work and follow their lead. It is not too late for world leaders to do right by girls. They can start by prioritizing their demands in tomorrow’s final Summit deliberations and by investing resources to match their words.”

The evidence is clear: investing in girls and delivering on their rights transforms economies, societies, and the environment, advancing the SDGs and building a future that girls deserve.

About What Girls Want

This effort was produced by a collaboration of girl-centered organizations, institutions, funders, and allies. The campaign is anchored around work to collate insights, data, and stories from 20+ public consultations with girls and young women over the past decade, driven by a shared desire to center girls’ demands in spaces where they are being ignored.

Contact:

whatgirlswantpress@gmail.com

nate.powers@edelman.com

Logo – https://mma.prnewswire.com/media/2384993/Women_Deliver_Logo.jpg

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