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Horizon Capital Closes its Ukraine Fund IV at $350m, $100m above Target

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KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ — Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV (“HCGF IV”, the “Fund”), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion. The Kyiv-based firm exceeded its initial target size of $250 million by 40%, while also concluding three attractive investments during the fundraising process. Horizon Capital’s team, strong track record and compelling strategy resonated with investors, who also backed raising the hard cap twice; first from $250 million to $300 million, then to $350 million. The Fund invests growth capital alongside visionary entrepreneurs leading fast-growing primarily tech and export-oriented companies, as well as select domestic champions, in Ukraine and Moldova (the “Region”), with a pipeline of 80+ investments. HCGF IV has distinguished itself as a 2X Flagship Fund, and the first, largest and leading fund raised since the onset of the full-fledged invasion, delivering both returns and impact to its investors.

 

 

HCGF IV is backed by investors with a combined capital base of over $700 billion, including international financial institutions IFC, EBRD, EIB through its EU for Ukraine Fund, DFC, DEG, FMO, JICA, Proparco, SIFEM, Swedfund, Finnfund, WNISEF, IFU, joining forces with global institutional investors, foundations and family offices. These private investors include funds managed by abrdn Private Equity, Blue Earth Capital, Zero Gap Fund, an impact investing collaboration between The Rockefeller Foundation and the John D. and Catherine T. MacArthur Foundation, Marcin Zukowski, Co-Founder of Snowflake, Andy Kurtzig, Founder and CEO of JustAnswer, investors and philanthropists George and Rayla Myhal, and other esteemed Limited Partners.

The Fund has already concluded three investments to fast-growing, innovative tech companies, providing growth capital to expand their R&D platforms in Ukraine and enhance their international reach. This is particularly significant given the IT sector plays a crucial role in Ukraine’s economic resilience, furthering digitalization and increasing hard currency inflows to the country. The Fund’s first three investments are:

Preply, transforming language learning by connecting learners with tutors via its online platform.GoIT, offering specialized IT education programs to address the tech industry’s skill shortage.Viseven, supporting pharmaceutical companies to accelerate their digital transformation.

Lenna Koszarny, Founding Partner and CEO of Horizon Capital, said: “This historic fund is dedicated to the visionary entrepreneurs of Ukraine. Your strength, courage and resilience in the face of adversity is inspiring, motivating our team to contribute our utmost at this critical time. We are truly honored that President of Ukraine Volodymyr Zelenskyy participated in two HCGF IV closings, commending our investors for backing the country at this pivotal moment, providing capital to support economic renewal and job creation when it is needed most, and signaling their firm belief in Ukraine’s future victory. We extend our deepest gratitude to our esteemed investors – your trust and partnership have made this fund possible, and enabled our team to experience firsthand, the global support and admiration for Ukrainians who are defending their country, powering its economic resilience and using resources provided to maximum effect. From Washington to Tokyo, London to New York, Luxembourg to Copenhagen, Paris to Cologne, Bern to Helsinki, Stockholm to the Hague, Edinburgh to Toronto, this fundraising journey has enabled us to witness the steadfast support for Ukraine, and unwavering commitment to its future recovery, revitalization and renewal. With this successful closing behind us, we embark on a new chapter, focused on partnering with Ukraine’s entrepreneur-champions to accelerate their growth and bolster the realization of their bold vision”.

Horizon Capital (www.horizoncapital.com.ua) is the leading private equity firm in Emerging Europe with $1.6 billion in assets from investors with a capital base exceeding $700 billion, raising over $800 million in growth capital to back visionary entrepreneurs from Ukraine and Moldova (the “Region”) in circa 6 years. Horizon Capital-managed funds have invested in over 170 companies employing more than 80,000 people in the Region.

Photo – https://mma.prnewswire.com/media/2346154/Horizon_Capital.jpg

CONTACT: Alona Kotsiubynska akotsiubynska@horizoncapital.com.ua +380 93 297 9487

View original content:https://www.prnewswire.co.uk/news-releases/horizon-capital-closes-its-ukraine-fund-iv-at-350m-100m-above-target-302069814.html

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Hyper Solutions Achieves ISO 9001-2015 Certification, Setting a New Benchmark for Quality and Operational Excellence

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RICHMOND, Va., Nov. 11, 2024 /PRNewswire/ — Hyper Solutions, a leading private manufacturer of mission-critical infrastructure solutions, is proud to announce its achievement of ISO 9001-2015 certification. This accomplishment reaffirms Hyper Solutions’ commitment to delivering exceptional quality and operational excellence, positioning the company among an elite group of organizations recognized for reliability and a dedication to continuous improvement.

Successfully completing a rigorous audit with zero observations, Hyper Solutions has demonstrated the strength of its quality management system, which supports the company’s mission to provide clients with innovative, high-performance solutions. This milestone enhances Hyper Solutions’ market credibility and strengthens its foundation for strategic growth and deeper partnerships with its customers and strategic partners.

“This is a pivotal moment in our company’s journey,” said Franklin Herrera, Chief Operating Officer of Hyper Solutions. “Achieving ISO 9001-2015 certification showcases our steadfast commitment to quality across every aspect of our operations. This certification is a significant asset for expanding our market reach, reinforcing our reputation, and advancing our vision of becoming a trusted leader in the industry.”

“Our dedication to quality is at the heart of our mission at Hyper Solutions,” said Vlad Gulkarov, Co-Founder and CEO of Hyper Solutions. “This certification reflects the collective effort and hard work of our entire team. It’s a milestone that not only strengthens our processes but also increases the value we deliver to our clients.”

The certification project was led by Ankit Vats, Lead Quality Engineer, whose guidance and precision allowed the company to achieve certification readiness in just 18 weeks—an impressive accomplishment in the industry. His leadership, coupled with the collaboration and commitment of the Hyper Solutions team, made this success possible.

“Obtaining ISO 9001-2015 certification reflects our team’s dedication to surpassing expectations at every phase of the audit process,” added Herrera. “This achievement is a testament to the excellence, focus, and teamwork that define Hyper Solutions.”

With this certification, Hyper Solutions is positioned to set new standards in quality management and operational excellence. The company looks forward to using this milestone to expand business opportunities, build customer and partners trust, and reinforce its role as a premier provider in the mission-critical infrastructure sector.

About Hyper Solutions:

Hyper Solutions (Hyper) is a pioneering Private Manufacturer of Mission Critical Digital Infrastructure Solutions, leading the charge towards a Sustainable Manufacturing Network where production is brought closer to construction. Leveraging Scalable Uniformity, Privatized Supply Chains, and 2N Sourcing Redundancy, we tap into the latent potential of North American manufacturers to deliver unparalleled results. Our innovative Customer Self-Service Portal optimizes high-volume, high-quality manufacturing processes, ensuring our clients, including Hyperscale, AI, and Colocation data center operators, benefit from scalable sourcing, accelerated lead times, and enriched customer life-cycle experiences. Learn more at https://HyperSolutions.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyper-solutions-achieves-iso-9001-2015-certification-setting-a-new-benchmark-for-quality-and-operational-excellence-302300410.html

SOURCE Hyper Solutions, Inc

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Graham Media Group on Fast Company’s Sixth Annual List of the 100 Best Workplaces for Innovators

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Graham Media Group has been named one of Fast Company’s Top 100 Best Workplaces for Innovators, securing the No. 50 spot on this prestigious list. This recognition highlights Graham Media Group’s dedication to advancing media innovation and redefining local news coverage through pioneering tools, strategic content hubs, and direct community engagement.

DETROIT, Nov. 11, 2024 /PRNewswire-PRWeb/ — Graham Media Group has been named one of Fast Company’s Top 100 Best Workplaces for Innovators, securing the No. 50 spot on this prestigious list. This recognition highlights Graham Media Group’s dedication to advancing media innovation and redefining local news coverage through pioneering tools, strategic content hubs, and direct community engagement.

Graham Media Group is dedicated to meeting audiences where they are, transforming news into a more engaging and accessible experience for all.

The 2024 Best Workplaces for Innovators list honors 100 winners from diverse industries. Graham Media Group’s inclusion reflects its success in reshaping local news with a story-first approach that ensures every piece of content is crafted with audience impact in mind. Moving away from a traditional assignment-first model, Graham Media Group has prioritized creating community-centered content that resonates across all platforms, including linear broadcast, streaming channel s, social media, and websites.

“At Graham Media Group, we’re committed to making news more accessible, relevant, and impactful for our audiences. Our audience continues to seek local news and information, but it is more difficult to find in the current media landscape,” said Stephanie Slagle, VP and Chief Innovation Officer. “We must innovate to reach our audience and remain the passionate local voice. Fast Company recognizes this effort and how important innovation is to this company.”

Graham Media Group’s notable innovations include:

Innovative Livestreaming Tools: New platforms developed by Graham Media Group streamline and expand live streaming capabilities, making it easier to cover local events in real-time. This includes high school sports, a key focus for hyperlocal engagement that brings families and communities closer together.Content Centers and Managers of Content and Coverage (MCCs): New content centers across all Graham Media Group stations have evolved from a traditional assignment desk to a strategic hub for planning and creating impactful stories. With MCCs guiding the editorial process, content is chosen and crafted holistically focused on audience relevance, ensuring stories engage viewers on digital, linear, and other platforms. By integrating process language, MCCs clear each story’s relevance, driving meaningful impact across the community.Real-Time Community Impact: Graham Media Group’s team goes beyond simply reporting the news—they actively solve problems and support communities. For instance, at WKMG News 6 & ClickOrlando.com, the “Getting Results” initiative led to a breakthrough moment when anchor Matt Austin mobilized the newsroom to help a mother and daughter displaced due to hurricane damage. Within hours, through real-time reporting and collaboration with local groups, the family received crucial assistance, from roof repairs to groceries. This effort demonstrated how rapid-response, community-driven reporting can make a tangible difference.Community Help Desk: Graham Media Group recognizes the importance of community feedback and launched the Community Help Desk as part of its broader innovation strategy. This initiative actively engages community members, gathers insights, and ensures news coverage reflects local voices. It’s part of the first phase of a more significant effort to reinvent local news distribution in today’s disrupted media landscape.

Innovation is central to everything at Graham Media Group’s newsrooms. Graham Media Group continuously evolves its approach to better serve communities, from using AI to deliver weather coverage to more people in more places to creating interactive, live moments across broadcasts and digital platforms. Graham Media Group is dedicated to meeting audiences where they are, transforming news into a more engaging and accessible experience for all.

“Innovation is a global priority that cuts across all industries, and this year’s list reflects that diversity,” says Brendan Vaughan, editor-in-chief of Fast Company. “The top ten features companies headquartered around the world, representing technology, advertising, finance, biotech, pharmaceuticals, e-commerce, and nonprofit sectors.”

To see the complete list, visit Fast Company’s website.

Fast Company’s Best Workplaces for Innovators issue (Fall 2024) is available online now, with the print issue on newsstands starting September 17, 2024. Join the conversation using #FCBestWorkplaces.

About Graham Media Group

Graham Media Group is the authentic, local voice passionately informing and celebrating our communities. Comprising seven local media powerhouses—KPRC (Houston), WDIV (Detroit), WSLS (Roanoke), KSAT (San Antonio), WKMG (Orlando), WJXT (Jacksonville), and WCWJ (Jacksonville)—plus Graham Digital, Omne, and Social News Desk, we deliver local news, programming, advertising solutions, and digital media tools across television, online, mobile, streaming, podcasts, and audio devices. Our dynamic, local brands extend well beyond traditional broadcast television, helping to inform, celebrate, and knit together the communities we serve. Headquartered in Detroit, Graham Media Group is a subsidiary of Graham Holdings Company (NYSE: GHC).

Media Contact

Michael Newman, Graham Media Group, 1 2489835222, mnewman@grahammedia.com, https://www.grahammedia.com 

View original content to download multimedia:https://www.prweb.com/releases/graham-media-group-on-fast-companys-sixth-annual-list-of-the-100-best-workplaces-for-innovators-302300847.html

SOURCE Graham Media Group

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Pudu Robotics Unveils its Latest Suite of AI Robotic Cleaning Solutions at ISSA Show North America 2024

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LAS VEGAS, Nov. 11, 2024 /PRNewswire/ — Pudu Robotics, a global leader in the service robotics sector, is primed to showcase its latest innovations at the 2024 ISSA Show North America, scheduled for November 19-21 at the Mandalay Bay Convention Center in Las Vegas. As one of the most significant events in the cleaning industry, the ISSA Show brings together innovators, experts, and professionals from around the globe to explore the latest advancements in cleaning technology and hygiene solutions. Pudu Robotics has over 80,000 units in a variety of markets, with a presence in more than 60 countries and regions worldwide, including North America.

At Booth 4227 in Bayside Lobby Halls A-D, Pudu Robotics will demonstrate their latest transformative and smart technologies, including the newly launched PUDU MT1, the PUDU SH1 Smart Upright Scrubber Dryer, and the PUDU CC1 Intelligent Commercial Cleaning Robot. These progressive cleaning products are designed to address the evolving needs of facility management, cleaning equipment suppliers, large retailers, and industrial managers.

As industries increasingly prioritize efficiency and hygiene, the demand for high-impact advanced cleaning solutions has never been greater. Facility managers and industrial leaders are turning to robotic cleaning technologies to overcome challenges such as labor shortages, rising cleaning costs, stringent cleanliness standards, and the need for 24/7 operations.

PUDU MT1: AI-Powered Sweeping for Large-Scale Environments (New)

The PUDU MT1, designed for expansive environments like warehouses, manufacturing plants and convention centers, leverages AI-driven features to handle areas exceeding 100,000 square meters efficiently. Capabilities such as AI-powered trash recognition, smart spot cleaning, and dynamic environment adaptability ensure precise and comprehensive cleaning. The MT1’s large-capacity trash bin and wide cleaning path deliver effective cleaning, while IoT integration further streamlines operations.

PUDU CC1: Comprehensive and Efficient Cleaning Solution

The PUDU CC1 transforms commercial cleaning by combining sweeping, scrubbing, vacuuming, and mopping in one unit. Suited for diverse environments such as retail stores, schools and hotels, with features like automatic water addition and drainage, automatic recharging, and breakpoint resume cleaning, the CC1 ensures minimal manual intervention and maximizes cleaning efficiency. Users can manage and monitor cleaning tasks in real-time via an intuitive APP, which also generates detailed cleaning reports. By automating repetitive cleaning tasks, CC1 enhances productivity and ensures consistent, high-quality cleaning standards.

PUDU SH1: Versatile and Sustainable Scrubber Dryer

Designed for multidimensional cleaning, the PUDU SH1 tackles floors, tabletops, vertical glass, and hard-to-reach areas. Its high-pressure brush and powerful suction effectively remove stubborn stains, while advanced lithium battery technology and efficient brushless motors offer sustainable operation, using up to 80% less water and cleaning agents. The SH1’s touchscreen interface and intelligent diagnostics simplify user interaction and maintenance.

“With industries striving to evolve towards increased operational efficiency and elevated hygiene standards, Pudu Robotics is at the forefront, delivering advanced cutting-edge technology and intelligence to meet strict hygiene and safety standards, especially in sectors where sanitation is critical. The ISSA Show gives us a platform to connect with forward-thinking leaders who understand that innovation is essential to overcoming modern challenges in facility management,” said Raymond Pan, General Manager of the Americas at Pudu Robotics. “We’re excited to showcase how our versatile and AI-powered solutions, like the PUDU MT1 and CC1, can redefine productivity and quality in the cleaning industry, meeting the demands of even the most complex environments.”

Attendees of the 2024 ISSA Cleaning Show are invited to visit our 968-square-foot Booth 4227 to experience live demonstrations of Pudu Robotics’ cleaning products. Our team of experts will showcase the advanced features of these products and discuss customized solutions tailored to specific cleaning needs. Refreshments will be served by Pudu’s friendly service robots KettyBot Pro and BellaBot Pro.

For more information about Pudu Robotics and our participation in the 2024 ISSA Cleaning Show, please visit https://www.pudurobotics.com/.

About Pudu Robotics

Pudu Robotics, a global leader in the service robotics sector, is dedicated to enhancing human productivity and living standards through innovative robot technology. With a focus on R&D, manufacturing, and sales of service robots, Pudu Robotics holds over a thousand authorized patents worldwide, encompassing a wide range of core technologies. The company’s robots have been widely adopted in various industries, including dining, retail, hospitality, healthcare, entertainment, education and manufacturing. To date, Pudu Robotics has successfully shipped over 80,000 units to a variety of markets, with a presence in more than 60 countries and regions worldwide. For more information on business developments and updates, follow PUDU on Facebook, YouTube, LinkedIn, Twitter and Instagram.

View original content to download multimedia:https://www.prnewswire.com/news-releases/pudu-robotics-unveils-its-latest-suite-of-ai-robotic-cleaning-solutions-at-issa-show-north-america-2024-302301229.html

SOURCE Pudu Robotics

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