Connect with us

Technology

A New Chapter for Impact Investment: GlassWall Syndicate Now Powered by Brinc

Published

on

HONG KONG, May 31, 2024 /PRNewswire/ — GlassWall Syndicate (GWS), the world’s largest alternative protein investor network, announces that it is now hosted by Brinc, a global venture capital and accelerator firm headquartered in Hong Kong. GWS will leverage Brinc’s extensive resources and network to propel into its next growth phase with a focus on increasing critical funding avenues for companies addressing some of the largest global challenges. This new phase for GWS aligns with Brinc’s forward-thinking focus to deliver enhanced offerings and opportunities within impact investment, driving innovation’s transformative power across industries and communities globally.

With an expansive team across key regions including MENA, India, Singapore, China, and Japan, Brinc brings a decade of expertise in working closely with investors, startups, and industry mentors. By utilizing their strengths, Brinc and GWS will provide valuable resources to investors that strive to align their investment strategy with combating the climate crisis.

Since its founding, Brinc has invested in 241 companies across 48 countries and established itself as a crucial supporter of innovators, creating and running accelerator programs across a range of verticals including climate technology, food tech, medtech, and web3. Brinc’s successful partnerships span large corporations, government bodies, and academic institutions, emphasizing its ability to scale and adapt to different ecosystems and needs. GWS continues to expand its network and increase focus on other verticals that tackle a host of obstacles as part of its commitment to a climate-friendly bioeconomy, and Brinc’s data-driven and holistic approach is a natural fit to accelerate funding for game-changing companies.

Brinc will support GWS in a strategic expansion beyond alternative proteins to include essential sub-verticals such as Climate Adaptation, Advanced Materials, Circular Economy, Carbon Capture, Utilization, and Storage (CCUS), Clean Energy, Mobility, and Agriculture. Leveraging Brinc’s extensive networks across Asia Pacific, India, and the Middle East will enhance connections with startups, angel investors, and institutional investors outside North America. The strategic move aims to uncover and facilitate new investment opportunities, driving increased capital towards impactful climate technology sectors.

Moving forward, vetted GlassWall Members will now be able to participate in climate-friendly syndicated deals with attractive member terms through AngelList, while the EGC initiative within GlassWall Syndicate, which welcomes later-stage investors to the network, continues to expand as prominent firms explore robust opportunities with established potential co-investors to fund urgently needed climate-friendly solutions at Series B and beyond. GWS Members will continue to tap into the Member Benefits they have long enjoyed but the resources, deals, network, and exclusive access opportunities will expand greatly.

Macy Marriott, Executive Director of GlassWall Syndicate, commented, “Our team is more aware than ever of the importance and urgency around the challenges our world faces. We must continue building a platform that serves the unique needs of founders, investors, nonprofits, and other collaborators who drive transformational change. Just as the problems we’re collectively tackling are ever-evolving, so are the needs of the people at the forefront. GWS has been and will continue to be a vital resource that increases capital availability and deployment through our streamlined, efficient, and community-focused network to drive us toward a more sustainable future. We are proud to have found our new home within the Brinc team, where we can soar to new heights and creatively champion the industry.”

Manav Gupta, Founder and CEO of Brinc, stated, “We are pleased to welcome GlassWall Syndicate, an organization that reflects our deep commitment to nurturing impact investing. With our proven engagement in sectors like food, agriculture, and climate technology, we have empowered founders to turn ideas into scalable solutions that tackle worldwide challenges. By getting on board with GWS, we hope to amplify these efforts, ensuring critical projects receive the necessary funding and support and reinforcing our ongoing commitment to generate substantial, positive change across various industries.”

GlassWall Syndicate welcomes individually accredited investors seeking to make investments as low as $1,000 all the way to growth-stage firms looking to invest upwards of US$100M in Series D deals. If you are an investor, prospective nonprofit partner, startup in the space, or wish to sponsor an event or initiative, you are encouraged to get in touch with GWS.

About GlassWall Syndicate

GlassWall Syndicate (GWS) is a one-of-a-kind nonprofit network in the global impact investing ecosystem that engages and empowers investors in the sustainability space by connecting them with game-changing companies, providing resources, and bringing together key players. This global collective is led by Macy Marriott and has led to millions in additional capital deployed into innovative companies in the landscape. The GWS team works daily with entrepreneurs and investors to build relationships that drive forward sustainable, scalable, disruptive companies.

Founded in 2017 and initially spearheaded by Stray Dog Capital, GWS is a nonprofit community of high-net-worth individual investors, leading VC and PE firms, and global partners that provide fit-for-purpose solutions to some of the challenges investors in the industry face by providing deal flow access, early-access industry data, exclusive reports, trend analysis, and insights along with exclusive educational opportunities, meaningful networking, global events, and connections with experts across the value chain. GWS is hyper-focused on partnerships that accelerate initiatives that are critically important to the success of the alternative protein industry and relevant adjacencies.

In June of last year, with the leading alternative protein think tank, The Good Food Institute as a Knowledge Partner, GWS launched the Emerging Growth Consortium (EGC) which serves as the first-ever body of later-stage investors in the space and has welcomed leading firms and organizations such as L Catterton, C2 Capital Partners, CSC Leasing, Davis Wright Tremaine, Material Innovation Initiative, BERA Partners, Plant Based Foods Association, Plant Futures, and numerous others leading the effort toward a more sustainable future.www.GlassWallSyndicate.org

About Brinc  

Headquartered in Hong Kong, Brinc is a leader in global venture acceleration and operates 10 multidisciplinary accelerator programs across seven countries. Brinc accelerates startups focused on climate technology, agrifood technology, blockchain technology, artificial intelligence, connected hardware, robotics, and the Internet of Things (IoT) with a view to creating a more sustainable, equitable, and inclusive future.

Brinc also supports corporations with distributed innovation strategies, sourcing of new startups and technologies, as well as venture-building Web3-enabled businesses. Global corporations (Manulife, Huawei, Schneider Electric, Puma, Batelco, Merck, Omantel, Linrun Group, Zhihui Park), government organizations (Hong Kong Science Park, NEOM, MBRIF, Guangdong Soft-tech Park), tertiary institutions (HK City University, National University of Singapore), fast-growing companies (Animoca Brands, The Sandbox), and leading venture funds (Artesian, LeverVC, Tamkeen, EDB, Hatcher+) have all run programs with Brinc. Recently Brinc announced plans to raise a series of venture funds to invest in high-potential early-stage companies through accelerators and provide LPs with a dedicated innovation platform and access to Series A+ co-investment opportunities. https://www.brinc.io/ 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/a-new-chapter-for-impact-investment-glasswall-syndicate-now-powered-by-brinc-302159593.html

SOURCE Brinc

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

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

Published

on

By

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

Continue Reading

Technology

KuCoin’s Alicia Kao Shares Insights on How AI is Accelerating Mass Crypto Adoption at TOKEN2049 Singapore

Published

on

By

VICTORIA, Seychelles, Sept. 20, 2024 /PRNewswire/ — Alicia Kao, Managing Director at leading global cryptocurrency exchange, KuCoin, shared her vision on how crypto exchanges are the drivers that hold the keys to unlocking mainstream crypto adoption. Speaking at the OKX Main Stage at TOKEN2049 in Singapore on a panel session titled “Exchanges at the Helm: Driving Crypto from Niche to Mainstream,” Alicia shared that “accessing information about blockchain has become significantly easier…at KuCoin, we leverage complex data analysis algorithms using our trading bots to help users trade more efficiently.”

Industry stakeholders from all groups were in attendance for the panel, comprising investors, crypto enthusiasts, and more. The focus was on the crucial role of cryptocurrency exchanges in paving the way for crypto adoption and the eventual integration of digital assets into mainstream financial systems. Alicia and her fellow panelists explored both the challenges and opportunities that lay ahead for the crypto industry.

Alongside Alicia, the panel also featured leaders from leading crypto exchanges such as Ben Zhou, Co-Founder and CEO of Bybit; Gracy Chen, CEO of Bitget; Vivien Lin, Chief Product Officer of BingX; and Sonia Shaw, President of CoinW, and moderated by Michael Casey, Chairman of the Decentralized AI Society.

In addition to the panel discussion, KuCoin cemented its position as a leading centralised exchange (CEX) with a prominent presence on the show floor and activations that showcased the platform’s latest developments. The KuCoin Arcade also drew significant attention, offering an engaging and immersive experience with interactive crypto-themed games and activities.

“As we wrap up another edition of TOKEN2049 in Singapore, I’m once again filled with optimism for the future of the crypto industry. The energy, innovation, and collaboration displayed over the past two days have been immensely inspiring. At KuCoin, we will continue striving to be the driving force in this ever evolving space to build a more inclusive, decentralised, and prosperous financial future” added Alicia as TOKEN2049 concluded.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/kucoins-alicia-kao-shares-insights-on-how-ai-is-accelerating-mass-crypto-adoption-at-token2049-singapore-302253908.html

SOURCE KuCoin

Continue Reading

Technology

PayPal Ventures Reinforces Support of Chaos Labs with Additional Investment

Published

on

By

SINGAPORE, Sept. 20, 2024 /PRNewswire/ — Today, PayPal Ventures, the global venture capital arm of PayPal, announced an additional investment in Chaos Labs, an industry leader in onchain risk management. This investment underscores PayPal Ventures’ confidence in Chaos Labs’ potential and their blockchain products.

Chaos Labs’ recent launch of Edge, a new decentralized oracle protocol, has garnered significant attention within the industry. Edge has already secured a remarkable $30B over the last 2 months and has been adopted by leading exchanges such as Jupiter, the top perpetuals exchange on Solana, and GMX, the leading exchange on Arbitrum.

Edge offers a comprehensive, low-latency oracle solution, combining accurate price data with actionable market intelligence. Its advanced architecture ensures the security and efficiency of DeFi applications while providing insights into market dynamics and security risks. Edge monitors the market for specific risk signals, performs the offchain data parsing and computation, and outputs one actionable data point.

Omer Goldberg, CEO and Founder of Chaos Labs, said, “We’re excited to receive the strong confidence and additional support from the PayPal Ventures team. Edge by Chaos is the culmination of our entire company’s work and expertise. Edge Price, Risk, and Proofs deliver meaningful and unmatched contextualized risk and price data for assets including stablecoins and other real-world-assets, in addition to the crypto assets and venues that provide access to them.”

Last month, Chaos Labs announced a $55 million Series A funding round led by Haun Ventures, including prominent new investors such as F-Prime Capital, Slow Ventures, and Spartan Capital, and existing investors including PayPal Ventures. Chaos Labs has experienced significant growth, tripling its customer base and securing billions in trading volume, loans, and incentives.

PayPal Ventures’ investment aligns with PayPal’s ongoing commitment to the blockchain ecosystem. In May 2024, PayPal launched its stablecoin, PYUSD, on the Solana blockchain.

Amman Bhasin, Partner at PayPal Ventures, said, “Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial services on chain. Chaos Labs has emerged as a leading risk authority in the sector and we are thrilled to witness their evolution as they launch innovative products like Edge to mitigate oracle vulnerabilities.”

Chaos Labs will receive the total investment in PYUSD on-chain. A simulation will be shown live on-stage on September 20th at the annual Solana Breakpoint conference in Singapore.

About Chaos Labs

Chaos Labs leads the blockchain risk management industry with innovative solutions for the evolving onchain financial landscape. Chaos Labs enables protocols to verify stability across all market conditions, merging offchain observability with onchain risk parameter adjustments. Backed by leading venture capital firms, Chaos Labs continues to set new standards for security and responsiveness in onchain finance. Founded in 2021, Chaos Labs is headquartered in New York City.

About PayPal Ventures

PayPal Ventures is the global corporate venture arm of PayPal. We invest for financial return in companies at the forefront of innovation in fintech, commerce enablement, digital infrastructure, and crypto/blockchain technologies. Through the expertise, experience, and vast network of PayPal Ventures – and the companies we invest in – we are helping to bring transformative solutions to market faster. For more information, please visit: www.paypal.vc 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/paypal-ventures-reinforces-support-of-chaos-labs-with-additional-investment-302253911.html

SOURCE Chaos Labs, Inc.

Continue Reading

Trending