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INITIATE Ventures Closes $45 Million to Fund and Co-create Companies at the Intersection of Healthcare, Life Sciences, and Tech

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Led by serial founders, INITIATE partners with exceptional leaders to build bold companies that solve vital healthcare challenges

SAN FRANCISCO, Nov. 18, 2024 /PRNewswire-PRWeb/ — Today, INITIATE Ventures announced the close of $45 million in its debut venture capital fund and affiliated company creation platform. INITIATE invests in and co-founds transformative companies at the intersection of healthcare, life sciences, and technology. It is designed to empower bold ideas and exceptional entrepreneurs, leveraging the expertise of its experienced investor-operator team.

“Exceptional founders are looking for investors who bring more than just capital and domain expertise; they are seeking true partners who have walked in their shoes,” said Jessica Owens, INITIATE General Partner.

INITIATE is led by General Partners Jessica Owens and Iana Dimkova, who have decades of experience building and backing market-defining companies. Owens co-founded GRAIL, which was acquired in 2021 by Illumina, Inc (ILMN) for $8 billion. She was formerly a partner at the venture capital firm Kleiner Perkins. Prior to co-founding INITIATE, Dimkova was a director in the healthcare technology investing group of GE Ventures. Prior to GE Ventures, she was with Alvarez & Marsal and a startup that raised over $700 million to build one of the largest networks of radiation therapy centers in the U.S.

INITIATE’s team deeply understands the challenges and opportunities that health tech and life sciences companies face. The team contributes significant time, focus, real-world experience, and unparalleled networks to support founders.

“Exceptional founders are looking for investors who bring more than just capital and domain expertise; they are seeking true partners who have walked in their shoes,” said Jessica Owens, INITIATE General Partner. “After years spent founding, operating, and investing in these sectors, we’re now building a home for the next generation of world-class entrepreneurs, clinicians, and scientists.”

INITIATE Ventures focuses on early-stage health tech and life sciences companies raising Seed to Series A rounds. The firm invests in startups poised to make a lasting impact. INITIATE’s startup studio is designed to partner with entrepreneurs to co-create and launch new companies. The studio acts as an experienced co-founder, bringing both operational and strategic support in areas ranging from business development, talent acquisition, and fundraising.

“Technology innovation in healthcare and life sciences is creating an unparalleled opportunity to revolutionize human health,” said Iana Dimkova, INITIATE General Partner. “We’ve developed a best-in-class model for company creation that empowers exceptional entrepreneurs to build companies with the potential to deliver lasting impact and drive outsized returns.”

Initial investments include Cornerstone AI, a first-of-its-kind AI software solution that accurately and efficiently prepares vast types of healthcare data for analysis in a fraction of the time of traditional methods; Delfi Diagnostics, the developer of accessible blood tests driving early cancer detection; Macro Trials, a precision research clinical platform; and Persana, the first luxury aesthetic health concierge. Cornerstone AI, Macro Trials, and Persana were co-founded by INITIATE.

“INITIATE is the founding partner startups need. I have worked with the team to launch two companies, and the experience has been superb,” said Babak Azizzadeh, MD, FACS. “My entire career has been devoted to medicine, and I’ve connected with incredible innovators to create solutions to pressing needs, but company-building is something else entirely. The INITIATE team understands exactly how to take a novel solution and turn it into something that can benefit others at massive scale.”

About INITIATE Ventures

INITIATE is an early-stage venture capital firm that funds and co-founds transformative companies focused at the intersections of healthcare, life sciences, and technology. INITIATE partners with exceptional entrepreneurs who are reshaping the future of healthcare and driving tomorrow’s breakthroughs. The firm is led by Iana Dimkova and Jessica Owens, who bring decades of experience as serial founders and venture capital investors. INITIATE’s sectors of focus include biopharma tech and services, precision medicine, R&D tools, and health tech. Learn more about early-stage venture investing and co-founding with INITIATE at http://www.initiate.vc.

Media Contact

Amber Moore, Moore Communications, 1 5039439381, amber@moorecom2.com

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SOURCE INITIATE Ventures

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Reolink Black Friday Sale: Save up to 40% off on Top Security Solutions

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LOS ANGELES, Nov. 19, 2024 /PRNewswire/ — As Black Friday approaches, the excitement for unbeatable deals fills the air — making it the ideal time to enhance home security with new cameras. Reolink, an innovative leader in intelligent visual technology for the home, is offering remarkable deals on its innovative security cameras and systems from now to December 5th.

Discover the discounts of up to 40% off and prepare for exclusive offers on the industry-leading 4K continuous recording battery camera Altas PT Ultra, along with other top security cameras and systems.

Reolink Altas PT Ultra with Solar Panel (Save 31%, now $249.99)

Altas PT Ultra is an industry-leading 4K pan & tilt battery camera that offers continuous 4K UHD recording with a blindspot-free view. Equipped with innovative ColorX technology, it delivers true-color vision for both day and night. Its 20000mAh battery delivers a 96-hour 4K continuous recording on a single charge. Originally $359.99, now is $249.99 during the sale.

Reolink Home Hub Kit (Save 25%, now $449.99)

This all-in-one kit includes a Reolink Home hub and two Argus PT Ultra cameras with two solar panels. The Home Hub offers great flexibility for security center customization by supporting up to 16MP ultra-high definition,

and up to 8 cameras. The Argus PT Ultra camera included in this kit is one of the best-selling Reolink battery cameras with a 360-degree view and smart detection features. Originally $599.99, now is $449.99 during the sale.

Reolink E1 Zoom (Save 31%, now $89.99)

E1 Zoom is an indoor 5MP PTZ camera with person/pet detection and auto tracking capability. With two-way audio capability, customers can check out what their kids and pets are doing while talking directly to them through the camera. Originally $129.99, now is $89.99 during the sale.

Reolink CX810 (Save 23.5%, now $129.99)

CX810 is a 4K/8MP PoE camera with IP67 outdoor ratings. Equipped with an F1.0 super aperture lens and a 1/1.8″ sensor, this camera captures more light and enhances light sensitivity, delivering stunningly sharp details even in low-light conditions. Originally $169.99, now is $129.99 during the sale.

Amazing Reolink Black Friday deals are here from now until December 5th, with discounts of up to 40% off across Reolink all products, including battery cameras, PoE cameras, home hubs, and more. These products are the perfect fit for gifts for loved ones, which safeguard what matters most. Be prepared, be ahead, and give the gift of security this season.

For more information about Reolink Black Friday offerings, visit Reolink.com and Amazon.

About Reolink

Reolink offers smart security solutions for homes and businesses, aiming for a seamless security experience with its wide range of products. Serving millions globally, it provides video surveillance and protection, standing out for its commitment to security technology innovation.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/reolink-black-friday-sale-save-up-to-40-off-on-top-security-solutions-302308448.html

SOURCE Reolink Innovation Inc.

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AMAZON WORKERS AT SAN BERNARDINO AIR HUB LAUNCH ORGANIZING DRIVE WITH TEAMSTERS

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Workers Kick Off Card-Signing Blitz to Join Powerful Teamsters Union

SAN BERNADINO, Calif., Nov. 18, 2024 /PRNewswire/ — Today, Amazon workers at KSBD, the company’s largest air facility on the West Coast, officially launched a union drive to join the 1.3 million-member Teamsters Union.

KSBD workers kicked off the card-signing blitz to show their support for the union, joining Amazon air hub, warehouse, and delivery drivers nationwide who are organizing with the Teamsters. Amazon employs more than 1,300 workers at the facility who are fighting for the job security, compensation, and respect that they deserve.

“Amazon may have the money, but we have the people and the power,” said Anna Ortega, a sort worker. “Momentum is on our side, and together we will win.”

Workers at the KSBD air hub have been building worker power and demanding safer working conditions from Amazon. In September, when wildfires in California caused intense heat and dangerous fumes at their facility and Amazon refused to safeguard their health, KSBD workers marched on the boss and successfully shut down operations with full pay until conditions improved. Workers at KSBD have also held strikes and walkouts to stop unfair labor practices.

“Amazon has tried to stop us, but the movement to organize is out of Amazon’s hands,” said Cynthia Ayala, a ramp worker. “As air hub workers, we make sure that packages get delivered to the entire country, but we get nothing in return but neglect and disrespect. Enough is enough – it’s time to come together as one.”

The workers at KSBD are joining an ever-growing movement at Amazon facilities across the country. Since October, in California alone, Amazon drivers in Victorville and the City of Industry as well as warehouse workers in San Francisco joined the Teamsters. In August and September, hundreds of Amazon drivers in New York City and Skokie, Ill. also unionized, while workers in Kentucky and California walked off the job in protest of the company’s unfair labor practices.

Contact:
Alex Moore, (503) 886-9738
amoore@teamster.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/amazon-workers-at-san-bernardino-air-hub-launch-organizing-drive-with-teamsters-302309088.html

SOURCE International Brotherhood of Teamsters

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Printers Market to Grow by USD 10.65 Billion (2024-2028), Driven by Rising SME Demand, with Market Insights Powered by AI – Technavio

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NEW YORK, Nov. 18, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global printers market size is estimated to grow by USD 10.65 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  3.46%  during the forecast period. Rising demand for printers from SMES is driving market growth, with a trend towards increasing adoption of 3D technology in printers. However, increased digitization in enterprises  poses a challenge.Key market players include Bixolon Co. Ltd., Brady Corp., Brother Industries Ltd., Canon Inc., Citizen Systems Europe GmbH, Dell Technologies Inc., Fujitsu Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., Lenovo Group Ltd., Lexmark International Inc., Ninestar Co. Ltd., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Redington India Ltd., Ricoh Co. Ltd., Riso Kagaku Corp, Seiko Epson Corp., Sharp Corp., Toshiba Corp., Xerox Holdings Corp., Zebra Technologies Corp., and KYOCERA Corp..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Printers Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.46%

Market growth 2024-2028

USD 10.65 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.32

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 52%

Key countries

US, China, Japan, Germany, and UK

Key companies profiled

Bixolon Co. Ltd., Brady Corp., Brother Industries Ltd., Canon Inc., Citizen Systems Europe GmbH, Dell Technologies Inc., Fujitsu Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., Lenovo Group Ltd., Lexmark International Inc., Ninestar Co. Ltd., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Redington India Ltd., Ricoh Co. Ltd., Riso Kagaku Corp, Seiko Epson Corp., Sharp Corp., Toshiba Corp., Xerox Holdings Corp., Zebra Technologies Corp., and KYOCERA Corp.

Market Driver

The printing market is thriving with trends like mobile printing, color printing, and packaging printing leading the way. Printers, whether inkjet or laser, are essential electronic tools for producing text and images on paper from computers. Inkjet printing uses solvent, water-based, UV-based, or LED inks, while toner is used in laser printers. The cost of ink is a significant factor, with inkjet printer cartridges and ink tank printers offering cost-effective solutions. Analog printing, such as dot matrix and impact printers, are being replaced by digital printing, including line printers and multifunction printers (MFPs). MFPs offer digital features and security, making them popular in residential, commercial, educational, and enterprise settings. Managed print services help businesses optimize their printing needs. Cloud-based computing and software ecosystems facilitate digital integration, enabling users to print from Dropbox, Google Drive, and other platforms. The home printer market includes wired and wireless printers, with MFPs offering various connectivity options like USB, data cable, short-range radio, Bluetooth, Local Area Network (LAN), Ethernet, and WiFi. The global printer market is vast, with various types of printers catering to diverse industries, from e-commerce businesses and online grocery shopping to food ordering and Point of Sale (POS) terminals, cash registers, and ATMs. Environmental concerns are increasingly important, with some companies using ocean-bound plastic in their printers and focusing on reducing their carbon footprint and energy use. Advancements in technology include artificial intelligence (AI), machine learning (ML), and data analytics, enabling automation and security features. Security experts are addressing vulnerabilities, ensuring data privacy and confidentiality. The future of printing is sustainable, with a focus on environmental impact, reducing heavy metals and pollution, and minimizing carbon emissions. 

The printer market is experiencing a notable shift with the increasing adoption of 3D printing technology. Initially used for prototyping, this technology has expanded into mainstream manufacturing. In healthcare, it produces patient-specific medical implants, prosthetics, and surgical models, enhancing patient care. In aerospace and automotive sectors, 3D printing creates lightweight, complex parts with reduced lead times and costs, improving aircraft and automobile performance and fuel efficiency. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The printing market faces several challenges in the current business landscape. Printers, including A4 printers and multifunction printing devices, must keep up with advancements such as mobile printing and cloud-based computing. Color printing and packaging printing remain in demand, but ink cost and the ecosystem of inks, including inkjet, solvent, water-based, UV-based, and LED inks, continue to be a concern. Analog printing technologies like dot matrix and impact printers are being replaced by digital printing, which offers digital features and security. Environmental impact is a growing concern, with companies exploring ocean-bound plastic and other sustainable solutions. Printers serve various industries, from residential and commercial to educational institutions and enterprises. Ink tank printers, toner, and ink cartridges are essential components, with cost per page and ink subscriptions being key considerations. Printers are essential electronic tools for producing text and images on paper from computers and other devices. They use various output technologies like thermal, inkjet, and laser, and connect via data cables, USB, short-range radio, Bluetooth, Local Area Network (LAN), Ethernet, WiFi, and memory cards. Printing markets are expanding with the digital integration of e-commerce businesses, online grocery shopping, food ordering, and other applications. Product enhancements, such as managed print services, security features, and environmental sustainability, are crucial. Printing processes contribute to carbon emissions and have a carbon footprint, impacting climate change and energy use. Companies are exploring artificial intelligence (AI), machine learning (ML), and data analytics to improve automation and reduce vulnerabilities. Security experts focus on addressing potential vulnerabilities and ensuring data privacy.The global printer market may experience hindrance in growth due to the increasing digitization trend in various industries. With the rise of digital channels, enterprises are shifting towards electronic versions of documents, such as e-brochures, e-catalogs, and e-manuals, instead of printed materials. For instance, digital bills and statements have replaced their hard copy counterparts. The growing number of internet users, the increasing penetration of smartphones, and advancements in communication network infrastructure are driving the adoption of digital channels by businesses for promoting their products and services and sharing essential information. Digitization’s impact on the printer market is significant, making it essential for printer manufacturers to adapt and innovate to cater to evolving business needs.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This printers market report extensively covers market segmentation by  

Technology 1.1 Laser1.2 Inkjet1.3 OthersType 2.1 Multifunction printers2.2 Single function printersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Laser-  Laser printing is a widely used non-impact printing technology that applies electrophotography or electrostatic charges for image production. In this process, a laser beam is utilized to induce charges, enabling precise printing. Laser printing caters to various applications, including variable data printing and wide-format printing. Compared to inkjet and LED printing, laser printing boasts advantages such as faster speed, consistent precision, and lower running costs due to the use of dry ink. Primarily employed in offices for their accuracy and efficiency, laser printers have seen increased demand from enterprises. In response, printer manufacturers like Ninestar Co. Ltd. Have expanded their laser printer offerings, such as the Elite Series launched in January 2021. Key factors driving the adoption of laser printing technology include the emergence of compact laser printers, the growing demand for A4 and A3 laser multifunction printers from businesses, and the declining average selling price of laser printers. However, the emergence of ink tank printers may hinder growth during the forecast period. Despite this, the demand for laser printing technology is expected to remain steady due to the continuous enterprise demand for laser multifunction printers.

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Research Analysis

The printing market encompasses various types of printers, including mobile, color, and packaging printing solutions. These printers cater to diverse needs, from entry-level A4 models to advanced industrial machines. The advent of cloud-based computing and software ecosystems has revolutionized the industry, enabling seamless integration with computers, mobile devices, and other digital tools. Printers now support multiple output technologies, such as inkjet and solvent inks, to produce high-quality text and images on various printing media. Hardware components like data cables, USB, and short-range radio technologies (Bluetooth) facilitate easy connectivity. Printers have evolved into electronic tools that transform digital documents, photos, and computer data into tangible outputs. Inkjet printing, with its ecosystem of inks, has gained significant popularity due to its versatility and affordability. Solvent inks, on the other hand, are preferred for packaging printing applications due to their durability and ability to adhere to different materials. Overall, the printing market continues to innovate, offering an extensive range of products to cater to the diverse needs of businesses and consumers alike.

Market Research Overview

The printing market encompasses a wide range of printers and printing technologies, including mobile printing, color printing, packaging printing, and analog and digital printing solutions. Printers come in various forms, from A4 printers for home use to industrial-grade machines for commercial and enterprise applications. The market also includes inkjet, solvent, water-based, UV-based, and LED ink systems, each with its unique advantages and cost structures. Cloud-based computing and software ecosystems play a crucial role in the printing industry, enabling remote printing and managing print jobs. Digital features and security are essential considerations, with environmental sustainability becoming increasingly important. Ocean-bound plastic and other eco-friendly initiatives are gaining traction. Printers serve various industries, from residential and educational institutions to commercial enterprises and e-commerce businesses. They are used to print text and images on paper, computers, and other printing media, with various connectivity options such as data cables, USB, short-range radio, Bluetooth, Local Area Network (LAN), Ethernet, and WiFi. Printers are essential office equipment and computer peripherals, with various types, including line printers, copiers, multifunctional systems, and managed print services. The global printer market is diverse and constantly evolving, with new technologies like AI, ML, and data analytics driving product enhancements and automation. However, printers also have environmental impacts, including carbon emissions, energy use, and the use of heavy metals. Security is another critical concern, with vulnerabilities and the need for security experts to address potential threats. Overall, the printing market is a dynamic and complex ecosystem that continues to adapt to the changing needs of businesses and consumers.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TechnologyLaserInkjetOthersTypeMultifunction PrintersSingle Function PrintersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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