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GenesisAI Shared Unique Strategies for StartUp to raise a million dollars in seed round via equity crowdfunding

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Miami, FL , Nov. 18, 2021 (GLOBE NEWSWIRE) — In the past year, new businesses have undoubtedly raised the competitive nature of the startup ecosystem. These challenges are further highlighted when seeking capital for a new business. Hence, it is not unexpected to see several alternative methods of funding. As a result, we are now witnessing a trend where entrepreneurs are increasingly seeking these alternatives to the traditional ways of raising capital.

Why Choose Equity Crowdfunding Approach?

One such method is equity crowdfunding, and since the introduction of the Jumpstart Our Business Startups (JOBS) Act in 2012, many US-based small enterprises have begun exploring this route. Equity crowdfunding is essentially when a startup offers investors a stake in their venture in exchange for their funds. It has rapidly grown into one of the more preferred alternatives to the traditional financing strategies for early-stage startups. Not only do they offer investors an opportunity to low-risk equity, but equity crowdfunding investments can turn profitable if the company succeeds or launches an initial public offering (IPO). 

Equity crowdfunding is also advantageous for startups as it widens the group of investors and focuses on meeting investment goals with smaller contributions from a large number of investors. Moreover, this form of fundraising ensures that the decision-making power is distributed across several investors and is not held by a particular group of investors with venture capital funding.

What Can We Learn from GenesisAI Success?

GenesisAI has been successful in raising equity utilizing this method. They can create an equity crowdfunding campaign that effectively raises a few million dollars of seed funding within just a few months.

The team at GenesisAI understands that pitching a novel business that caters to an uncharted market is not easy. However, there are always opportunities that are sure to arise from the path less trodden. As a Machine Learning protocol and a marketplace for AI products and services, GenesisAI has the core function like other AI technologies. It works in isolation, which has been a large part of the reason that has decelerated the advancement of the industry. 

Furthermore, with companies and services progressively seeking to integrate AI into their services, the development of AI has become a pressing priority. However, AI technology is expensive, and AI code is practically impossible to monetize. GenesisAI emerges as a solution to these issues and is a platform that enables various AI technology providers to liaise with one another, exchange information, and offer their professional services. The AI market itself is forecasted to reach approximately $2.8 trillion by 2030.

The company strives to empower the global AI industry to overcome obstacles and make this technology accessible and affordable for all through their platform. New companies need to identify large markets and create offerings that emerge as a novel solution to largely unexplored problems within that space.

“In addition to creating a unique business that targets a broad market, it is also essential to build a good company with a reliable and competent team that can support each other and help scale the enterprise. When people invest in our venture using an equity model, one of the main aspects is the team of professionals who will take the company to the next level. The core team forms the bedrock of a company, and with a strong team, an enterprise is sure to expand at a much faster pace. Moreover, a good team enables a company to build and retain fundraising momentum, and this is a crucial aspect that helps the organization continue on its growth trajectory,” says Archil Cheishvili, GenesisAI cofounder.

GenesisAI Spilled Their Success Recipe

Branding is another fundamental element that contributes immensely to a company’s fundraising phase that is unfortunately overlooked often. “Creating a brand presence affirms your company as a credible and reliable player in the industry. It is crucial to note that we observed that Facebook, Google, and email campaigns were the best channels to capture our audience for digital marketing. In comparison, TikTok, Twitter, and LinkedIn did not benefit us at all”, Archil continues.

Promoting a B2B and AI-based IT technology requires extra caution. Strong branding movement and a willingness to track conversion have a significant impact on directing a high volume of traffic towards the fundraising page, effectively drawing the attention of prospective funders. With a dedicated team and hard work, GenesisAI successfully attracted over 4000 investors in under a year.

“Since equity crowdfunding is a rather unconventional investment strategy, the volume of investors is relatively minute. At present, there are about one million equity crowdfunding investors in the market, and it is crucial to explore and innovate new means to reach out to them. By doing so, we were able to increase the traction of investors to our campaign”, Archil added.

GenesisAI has worked hard to get more eyeballs on their campaign. They actively approached investors on the crowdfunding platform that hosted their campaign and participated in their virtual events. Let’s not forget that GenesisAI also has a huge users database and existing investors to contribute to their campaign.

 About GenesisAI: 

GenesisAI is one of the few marketplaces for AI technologies and services. The web platform enables AIs to exchange data and fosters collaborative efforts for the collective cause of improving the entire AI industry. The platform strives to make AI available for every individual business. The innovative marketplace serves as a comprehensive solution for developers and companies to monetize their AI codes. 

As a startup, the company has raised $2.6 million in a seed extension round, which closed in July 2021. Four months prior to this, they had raised $1.3million in a seed round, bringing them to a total of $3.9 million. GenesisAI believes equity crowdfunding to be particularly beneficial in securing new customers and raising financial capital to keep a startup operational and expand services.

Media Contact:
Archil Cheishvili
617 922 4131
[email protected]
https://www.genesisai.io/

There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this PR should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation.

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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence

ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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