Connect with us
European Gaming Congress 2024

Artificial Intelligence

in5 start-up funding grows to AED 8 billion as Dubai’s pro-innovation frameworks nurture growth

Published

on

in5-start-up-funding-grows-to-aed-8-billion-as-dubai’s-pro-innovation-frameworks-nurture-growth

Total funding raised by start-ups at Dubai’s leading incubator grows by 163% over 2023 figuresTECOM Group incubator to showcase ecosystem of more than 1,000 innovators, including Grambell and Estaie, at Expand North StarDUBAI, UAE, Oct. 14, 2024 /PRNewswire/ — Funding raised by start-ups within TECOM Group PJSC’s entrepreneurship incubator in5 since its inception has crossed AED 7.8 billion as Dubai’s pro-innovation framework nurtures the growth of enterprises and talent. Announced on the sidelines of Expand North Star, the world’s largest event for start-ups and investors being held in Dubai on 13-16 October, the remarkable figure represents 163% growth over total funding raised as of 2023, demonstrating the accelerated growth of in5’s start-ups this year.

 
 
“Start-ups are powerful engines of long-term economic growth that tangibly benefits future generations,” said Majed Al Suwaidi, Senior Vice President at TECOM Group PJSC, on behalf of in5. “The funding milestone achieved by in5’s start-ups strengthens our mission to unlock entrepreneurial excellence by facilitating opportunities, partnerships, and investor engagement avenues. in5’s dynamic and global community is driving Dubai’s efforts to foster a globally attuned innovation landscape that achieves the goals of the Dubai Economic Agenda ‘D33’.” 
in5 has nurtured more than 1,000 start-ups across the technology, media, design, and science sectors since its inception in 2013 by TECOM Group, the creator of 10 specialised business districts and vibrant communities in Dubai. This includes in5 Tech, housed at a dedicated in5 Innovation Centre at Dubai Internet City as well as in5 Media, based at Dubai Production City and in5 Design, based at Dubai Design District (d3). in5 Media’s active start-up numbers noted annual growth of 20% in the first half of this year as government initiatives to strengthen the regional creative economy, including Dubai Media’s vision to bolster the competitiveness of media institutions, attract a wider cohort of talent to the city.
in5 Science, which marked its first anniversary in June 2024, provides an enabling platform to more than 35 future-focused science start-ups. Launched in collaboration with Dubai Science Park, TECOM Group’s dedicated ecosystem for the life, energy, and environment sciences, in5 Science is cultivating a regional base of innovators in line with the Dubai Research and Development Programme’s vision.
Landscape maturity
While global trends are indicative of a shift in start-up funding amid the prioritisation of sustainable ventures, funding for artificial intelligence (AI) companies has held steady in 2024. Shored up by strategies such as Dubai Economic Agenda ‘D33′, Dubai’s pro-innovation framework is enriching the regional pool of entrepreneurs harnessing technology to offer improved consumer services. This is underscored by the incubator’s recent success stories, including Ziina, a fintech start-up providing peer-to-peer payment for mobile apps, that raised AED 80.8 million in a Series A funding round in September 2024. Podeo, the world’s largest podcast distribution platform founded at in5, raised AED 19.8 million in a Series A funding round that same month.
in5 offers start-ups in technology, media, design, and science a platform to scale up with access to advisory, mentorship, and potential investment opportunities. in5 Tech is also home to the in5 Investor Hub, a space where angel investors, venture capitalists, and institutional investors can directly engage with start-ups at in5 for funding and partnership opportunities.
in5’s participation at Expand North Star is part of its commitment to spotlighting its innovative ecosystem to more than 1,200 global investors expected at the event, including start-ups such as AI-enabled communications specialist Grambell, based at in5 Tech, and flexible stay online travel agency (OTA) Estaie, incubated at in5 Media.
in5 is the start-up and entrepreneurship incubator founded by TECOM Group, which has contributed to Dubai’s economic ambitions for more than two decades through sector-focused districts including Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City, Dubai Science Park, Dubai Design District (d3) and Dubai Industrial City.
About TECOM Group PJSC
TECOM Group has been developing strategic, sector-focused business districts across the emirate of Dubai since 1999. TECOM Group is well-positioned to continue playing an integral role in cementing Dubai’s status as a global business and talent hub.
The TECOM Group portfolio consists of 10 business districts catering to 6 vital knowledge-based economic sectors, including design, education, manufacturing, media, science, and technology. The Group provides a varied and tailor-made leasing portfolio – which includes offices, co-working spaces, warehouses, and land – to over 11,000 customers and more than 124,000 professionals.
TECOM Group offers additional value-added services to deliver a competitive and attractive environment for businesses and entrepreneurs to thrive in and to facilitate engagement between the districts’ community members. Government and corporate services are made available through an integrated smart services platform, ‘axs’, which enhances ease of doing business and provides community members with a seamless experience.
TECOM Group also provides industry-specialised facilities, including media production studios, laboratories, and higher education campuses. in5, its enabling platform for entrepreneurs and start-ups, offers innovation centres supporting tech, media, and design start-ups and SMEs. Its future-focused co-working spaces D/Quarters deliver stimulating work environments for tenants, and the ‘GoFreelance’ package serves freelancers.
For more information, please visit www.tecomgroup.ae.
Photo: https://mma.prnewswire.com/media/2529683/in5_Expand_North_Star.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/in5-start-up-funding-grows-to-aed-8-billion-as-dubais-pro-innovation-frameworks-nurture-growth-302275051.html

Continue Reading
Advertisement

Artificial Intelligence

Metabolon Launches New “Guide to Multiomics” and Accompanying Multiomics Webinar

Published

on

metabolon-launches-new-“guide-to-multiomics”-and-accompanying-multiomics-webinar

Metabolon’s new multiomics guide and webinar demystify complex omics technologies and illuminate how integrated multiomics is transforming life science research
MORRISVILLE, N.C., Oct. 14, 2024 /PRNewswire/ — Metabolon, Inc., the global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications, announces the release of a new educational resource, the “Guide to Multiomics.” This comprehensive guide delves into the intricacies of multiomics technologies that are revolutionizing our understanding of biological systems and disease mechanisms. By integrating data from multiple sources such as genomics, transcriptomics, proteomics, metabolomics, and microbiome studies, multiomics provides a synergistic approach to understanding the complexities of living organisms at multiple biological levels.

“Multiomics research allows us to construct a holistic view of an organism’s biological blueprint, revealing intricate interactions within cells that were once beyond our grasp,” stated Ro Hastie, CEO at Metabolon. “Our new guide demystifies each omic technology and illuminates the power of their collective capabilities through real-world examples demonstrating how these technologies are transforming life science research.”
The “Guide to Multiomics” describes the scientific principles underlying each omic layer and their integration. For example, a multiomic study on Crohn’s disease (CD) patients combined transcriptomics, metabolomics, and microbiome datasets to identify vital genetic-environment interactions contributing to CD onset. Furthermore, key dietary elements such as manganese, vitamin D, and coffee were positively correlated with a healthy microbiome. This study highlights the need for multiomic research.
Accompanying the guide’s release, Metabolon also offers a new webinar, “Metabolomics in Multiomics Research,” hosted by Dr. Brian Keppler, Director of Discovery and Translational Sciences at Metabolon. This webinar explores the pivotal role of metabolomics within the multiomics framework, discussing five key publications highlighting the impact of integrated omic strategies. Participants will gain insights into the design and application of multiomic studies, learning targeted and untargeted metabolomics techniques to enhance their understanding of disease pathways and biological processes.
For more information, please visit:
Guide to Multiomics eBook: https://www.metabolon.com/resources/ebooks/guide-to-multiomics/Metabolomics in Multiomics Research webinar: https://www.metabolon.com/resources/videos/metabolomics-in-multiomics-research/About MetabolonMetabolon, Inc. is the global leader in metabolomics, with a mission to deliver biochemical data and insights that expand and accelerate the impact of life sciences research and complement other ‘omics’ technologies. With more than 20 years, 10,000+ projects, 3,000+ publications, and ISO 9001:2015, CLIA, and CAP certifications, Metabolon has developed industry-leading scientific, technology, and bioinformatics techniques. Metabolon’s Global Discovery Panel is powered by the world’s largest proprietary metabolomics reference library. Metabolon’s industry-leading data and translational science expertise help customers and partners address some of the most challenging and pressing questions in the life sciences, accelerating research and enhancing development success. The company offers scalable, customizable multiomics solutions, including metabolomics and lipidomics, that support customer needs from discovery through clinical trials and product life-cycle management. For more information, please visit www.metabolon.com and follow us on LinkedIn and Twitter.
About MetabolomicsMetabolomics, the large-scale study of all small molecules in a biological system, is the only omics technology that provides a complete current-state functional readout of a biological system. Metabolomics helps researchers see beyond the genetic variation of individuals, capturing the combined impact of genetic and external factors such as the effect of drugs, diet, lifestyle, and the microbiome on human health. By measuring thousands of discrete chemical signals that form biological pathways in the body, metabolomics can reveal important biomarkers, enabling a better understanding of a drug’s mechanism of action, pharmacodynamics, and safety profile, as well as individual responses to therapy.
Logo – https://mma.prnewswire.com/media/1671125/Metabolon_Inc_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/metabolon-launches-new-guide-to-multiomics-and-accompanying-multiomics-webinar-302274423.html

Continue Reading

Artificial Intelligence

Ribbon’s JITC and FIPS-Compliant Solutions Enable DISA Voice Modernization Mandate

Published

on

ribbon’s-jitc-and-fips-compliant-solutions-enable-disa-voice-modernization-mandate

Seamless transition delivers increased security and capabilities 
PLANO, Texas, Oct. 14, 2024 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world’s largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it has been selected as the technology provider for the US Department of Defense Information Services Agency (DISA) Soft Switch Backbone (SSBB) RFP awarded to ValidaTek, Inc. The mission of the SSBB is to provide a global, secure, and resilient mission critical voice communications infrastructure to all branches and agencies of the US Department of Defense.

Ribbon is delivering state of the art voice communication infrastructure components to help modernize and secure DISA’s communications network, reducing cybersecurity vulnerabilities while lowering the cost of operations.
“The defense community is confronting an ever-escalating security threat environment, which legacy phone systems and communications equipment are ill-equipped to address,” said Bill Grabner, Ribbon’s Vice President, Federal Markets. “With deployments in all four branches of the US military and in major defense organizations across the globe, Ribbon delivers a proven migration path to a modern communications infrastructure which provides updated capabilities and increased security, in line with stringent government mandates and unique deployment needs.”
Ribbon is partnering with Tyto Athene to support ValidaTek in this global technology deployment.
About RibbonRibbon Communications (Nasdaq: RBBN) delivers communications software, IP and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today’s smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge software-centric solutions, cloud-native offers, leading-edge security and analytics tools, along with IP and optical networking solutions for 5G. We maintain a keen focus on our commitments to Environmental, Social and Governance (ESG) matters, offering an annual Sustainability Report to our stakeholders. To learn more about Ribbon, please visit rbbn.com.
Important Information Regarding Forward-Looking Statements   The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication’s products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.
Investor Contact +1 (978) [email protected]      
Media ContactCatherine Berthier+1 (646) [email protected] 
Logo – https://mma.prnewswire.com/media/633020/Ribbon_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/ribbons-jitc-and-fips-compliant-solutions-enable-disa-voice-modernization-mandate-302274386.html

Continue Reading

Artificial Intelligence

Inaugural Rector Designate announced for the Deakin University Lancaster University Indonesia campus

Published

on

inaugural-rector-designate-announced-for-the-deakin-university-lancaster-university-indonesia-campus

BANDUNG, Indonesia, Oct. 14, 2024 /PRNewswire/ — Professor Greg Barton, one of Australia’s leading scholars in Indonesian culture and politics, has been announced as the first Rector Designate of The Deakin University Lancaster University Indonesia campus.

Professor Barton’s appointment as Rector Designate was announced at the newly opened campus in Bandung, West Java on October 7th during a partner visit.
He welcomed the opportunity to lead this new and innovative joint campus, saying: “I’m deeply honoured to take on the role of Rector Designate and help guide two leading international universities through what is set to be an exciting new chapter in Indonesia.”
“I look forward to building on this strong, global partnership and offering students high quality, affordable educational opportunities as we support them to realise their study ambitions.”
He has thirty-five years of experience researching Islam and social movements in Indonesia and Southeast Asia. He is one of Australia’s leading scholars of Indonesia, Islam, Muslim society, security and politics.
From August 2015, he was Research Professor in Global Islamic Politics in the Alfred Deakin Institute for Citizenship and Globalisation (ADI), at Deakin University and previously was Herb Feith Research Professor for the study of Indonesia at Monash University (2007-2015).
He was also a member of the Australia-Indonesia Centre (AIC) staff team from the time of the establishment of AIC at Monash in 2014. Professor Barton is also an Adjunct Professor at the Graduate School of Strategic and Global Studies (SKSG), University of Indonesia, and a Senior Fellow with the UAE- based Hedayah Center in Abu Dhabi.
About the campus
Deakin University Lancaster University Indonesia campus has opened for applications to its undergraduate programs in Business and Information Technology. The campus offers a unique combination of Australian and British degree subjects approved by national regulators in Australia, the UK and Indonesia taught in a high quality learning and teaching environment. The campus is currently hosting school visits.
Students have the opportunity to obtain dual undergraduate qualifications from two world-class institutions while enjoying the many benefits of living and working close to home, supported by their families and peers.
Deakin and Lancaster both have a reputation for world-leading education and research, and extensive experience in international education.
The joint campus was granted approval by the Ministry of Education, Culture, Research, and Technology in January. 
Photo: https://mma.prnewswire.com/media/2529662/Greg_Barton.jpgPhoto: https://mma.prnewswire.com/media/2529663/Greg_Barton.jpgLogo: https://mma.prnewswire.com/media/2494428/Deakin_University_Lancaster_University_Logo.jpg
 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/inaugural-rector-designate-announced-for-the-deakin-university-lancaster-university-indonesia-campus-302275075.html

Continue Reading
Advertisement
Advertisement

Latest News

Trending