Landing Acquires Barsala to Fuel Momentum Across Multifamily Sector

Landing Acquires Barsala to Fuel Momentum Across Multifamily Sector




Landing Acquires Barsala to Fuel Momentum Across Multifamily Sector

Barsala founder sells company for $30M; acquisition scales Landing’s Autopilot offering to meet demand for flexible living and drive revenue for property partners

BIRMINGHAM, Ala., March 28, 2024 (GLOBE NEWSWIRE) — Landing, the company behind the first membership for flexible apartment living, announced today that it has acquired Barsala, a leading tech-enabled flexible housing operator, for $30 million. The acquisition expands access to Landing’s full-service Autopilot offering, which maximizes revenue for multifamily property partners by adding furnished, flexible living in their apartment communities. Under the new deal, Landing will add more than 1,000 units across 11 markets to its Autopilot program.

“By activating otherwise vacant units using a combination of technology and marketing, Barsala has built a profitable model and strong reputation, cultivating deep partnerships with class A multifamily property owners,” said Bill Smith, Founder and CEO of Landing. “This acquisition allows us to bring the benefits of our Autopilot platform and heightened demand from our qualified members to a growing number of property owners across the country, while opening doors to more fully-furnished apartment homes in new markets for our members.”

Since its inception in 2016, Barsala has partnered with multifamily developers across the country to convert thousands of vacant, zero-income producing units into fully-furnished rentals. Its flexible lease-up options typically begin generating cash flow within 30 days for partners. Now, as part of Landing, its partners unlock virtually instant demand through Landing’s nationwide community of members seeking quality, furnished apartments. Property owners also gain access to Landing’s corporate housing demand and can minimize vacancy gaps with Standby bookings.

“Bill is a true visionary and an extraordinary entrepreneur. I am thrilled to join forces with him and the rest of the Landing team, and share their vision for a more flexible future,” said Michael Monu, Founder and CEO of Barsala. “Landing is at the forefront of bringing flexible living to the masses, and this acquisition amplifies the opportunity to offset vacancies and maximize revenue for both new and existing property partners.”

Barsala Founder and CEO, Michael Monu, will join Landing as President of the Barsala division, and Co-Founder and CTO, Michael Copley, will join as VP of Technology Operations.

For more information on Landing and its Autopilot offering for property partners, visit https://www.hellolanding.com/p/propertypartner/.

About Landing
Landing is changing the way people live. It offers its members an industry-first all-inclusive, flexible living experience via a subscription. Members have access to a selection of carefully curated furnished apartments and a host of amenities. Landing apartments are currently available in more than 375 cities across the United States and growing. The company was founded in 2019 by Bill Smith. For more information, visit www.hellolanding.com.

About Barsala
Barsala partners with multifamily developers to provide innovative, tech-enabled vacancy solutions that drive revenue with greater flexibility during lease-up. Barsala was founded in Seattle in 2016 and has operated 4,000+ units across 25 markets since its inception. Multifamily developers partnering with Barsala convert vacant, zero-income producing units into fully-furnished rental options for corporate housing needs. As a result, Barsala partners see a significant boost in income and a faster activation of the apartment community. For more information about Barsala, please visit www.barsala.com.

Media Contact
LaunchSquad for Landing
landing@launchsquad.com

The number of Latino-owned businesses is growing 10x faster than White-owned businesses, as reported by the Stanford Graduate School of Business

The number of Latino-owned businesses is growing 10x faster than White-owned businesses, as reported by the Stanford Graduate School of Business




The number of Latino-owned businesses is growing 10x faster than White-owned businesses, as reported by the Stanford Graduate School of Business

PALO ALTO, CA, March 27, 2024 (GLOBE NEWSWIRE) — Today, the Latino Business Action Network (LBAN), in collaboration with the Stanford Graduate School of Business (GSB), released the 9th annual State of Latino Entrepreneurship (SOLE) research report highlighting the latest trends in Latino entrepreneurship across the U.S. The findings will be presented today at the 2024 State of Latino Entrepreneurship (SOLE) Summit.

The research provides valuable insights into the contribution and opportunity Latinos represent to the U.S. economy, as well as shedding light on the continuous challenges faced by Latino business owners. This year’s report aims to understand better the diversity and intricacies of Latino entrepreneurship, focusing on three different sub-groups: women business owners, tech-centric firms, and immigrant-owned companies.

KEY TAKEAWAYS:

THE LATINO OPPORTUNITY FOR THE U.S. ECONOMY
The research shows that Latino-owned businesses are a dynamic and growing portion of the U.S.; with more than 5 million firms driving $800 billion in revenue, they represent a huge opportunity for the U.S. In fact, the number of Latino-owned businesses is growing 10x faster than white-owned businesses. Between 2007 and 2022, the United States experienced a 57% growth in Latino-owned businesses, substantially surpassing the 5% increase in white-owned businesses during the same period. Latinos continue to have higher growth rates than those owned by white entrepreneurs. As shown in the graph, the 3-year (2020-2023) median compound annual growth rate was 8.7% for Latino-owned businesses versus just 5.6% for white-owned businesses.

Latinos are not only starting businesses faster and experiencing higher revenue growth rates but they are also creating more jobs with better benefits. Between 2007 and 2022, the annual payroll of Latino-owned businesses more than doubled (123% increase), consistently showing higher growth rates compared to white-owned businesses. When considering how Latinos are creating businesses, growing them, and creating more jobs, it’s evident that Latinos have a positive impact on the economy.

However, besides these great numbers, Latinos continue to face challenges due to systemic biases that limit their growth. If Latino entrepreneurs receive fair access to capital and contracts, it will unlock trillions of dollars of additional economic growth for the U.S. economy, benefiting us all. That is why LBAN places such a big focus on ecosystem building; at the heart of their mission is creating the ecosystem that Latinos and everyone else deserve. The State of Latino Entrepreneurship Summit is a testament to their commitment, with more than 1,000 in-person attendees ranging from business owners, policymakers, capital providers, elected officials, students, and other ecosystem builders coming together to network and collaborate, fostering meaningful connections within the community.

REPORT SEGMENTATION
The report dives deeper into Latina-owned businesses and tech-centric businesses.  It’s important to highlight that Latinas are starting new businesses and growing revenues more rapidly than their male counterparts. When looking at tech-centric companies, Latinos are over-indexing in the tech sector, which leads to faster adoption of AI technologies. To learn more, visit www.lban.us

With industry leaders such as José E. Feliciano, Managing Partner & Co-Founder of Clearlake Capital Group & Stanford Trustee, and Julián Castro, CEO of the Latino Community Foundation and former Secretary of Housing and Urban Development, the SOLE Summit promises to be an insightful and engaging event full with impactful discussions and strategic insights. The event will have different panel discussions on topics ranging from AI, access to capital, redefining the VC landscape for Latino startups, investing in immigrant entrepreneurship, and mergers & acquisitions.

“At LBAN, we are fortunate that some of the largest financial institutions and corporations are actively engaging in unlocking this Latino opportunity with us, and we welcome all others,” said Arturo Cazares, CEO of the Latino Business Action Network. “The SOLE Summit at Stanford serves as a pivotal gathering, bringing together diverse stakeholders, including other ecosystem builders, academics, and government representatives, to share ideas and create collaborations that will grow economic opportunities for our country.”

LBAN, the driver of the SOLE Summit, is supported by Bank of America, Wells Fargo, JPMorgan Chase, Surdna Foundation, Dell Technologies, Latino Community Foundation, Prosperity Now, Immigrants Rising, and many others.

About the Latino Business Action Network (LBAN):
LBAN is a dynamic Silicon Valley-based nonprofit with a big mission to strengthen the U.S. economy by empowering Latino Entrepreneurship across the country through entrepreneurship research, education, and a network of resources. For more information on LBAN, please visit www.lban.us 

For media inquiries, please contact:
Marian Garcia Cruz
LBAN Marketing Manager 
marian@lban.us 
(408) 384-9389

Attachment

CONTACT: Marian Garcia Cruz
Latino Business Action Network (LBAN)
4083849389
marian@lban.us

New AI research helps VCs vet ideas 10x faster

New AI research helps VCs vet ideas 10x faster




New AI research helps VCs vet ideas 10x faster

SAN FRANCISCO, March 27, 2024 (GLOBE NEWSWIRE) — Today, Vela Research in collaboration with researchers from the University of Oxford have published a new decision-making framework powered by artificial intelligence. Vela Research is the research arm of Vela Partners, the world’s first AI-native and product-led venture capitalist (VC) firm. The research paper entitled Decision GPT: A Framework to Make Critical Decisions is designed to transform how VCs make investment decisions.

Conventional investment methodologies such as solely relying on a venture capitalist’s reasoning can cause resources to flow to the wrong ideas and teams, increasing investment risk and slowing down the pace of innovation. Decision GPT scans a startup founder’s background and their business idea on the internet and uses LLMs to produce an extensive report to help a VC determine whether to invest in the business. This helps millions of companies to be analyzed by an investor at human-level reasoning and efficiently scales decision making.

“We have been pursuing artificial general intelligence for venture capital since 2016. This is an outcome of many years of relentless research of 80+ Vela Research and University of Oxford researchers that have open-sourced and published more than 20+ models and papers,” said Fuat Alican, a general partner at Vela Partners.

The core of Decision GPT is to generate pros and cons for any critical decision. The use-case explored in the research paper is the evaluation of startups based on startup founders and their ideas. The AI-powered framework identifies the characteristics of successful founders and ventures, analyzing these traits to assess a startup’s potential for success, and evaluate founder-idea fit, an assessment of whether a specific founder can successfully launch a specific business idea.

“I was surprised how effective LLMs could be at identifying successful founder characteristics,” said Sichao Xiong from the University of Oxford. Pantelis Papageorgiou, another researcher from the same institution added: “When weighing characteristics of a successful founder, our research determined that a founder’s perseverance mattered more than which university they attended or where they previously worked.”

Yigit Ihlamur, another general partner at Vela Partners, noted: “40% of Vela Partners investments have been sourced by Vela’s proprietary AI up to this point. We’re excited to fund the next unicorn with this new innovation.”

For more information on Decision GPT and its applications, please contact val@brighthousecomms.com.

About Vela Partners

Vela Partners is a San Francisco-based, product-led and AI-native VC firm, building an AI-only portfolio. It was founded by ex-Googlers and serial entrepreneurs in 2016. Vela AI Suite is automating the work of VCs such as sourcing, evaluation, decision-making, relationships and market intelligence.

CONTACT: For media inquiries:

Valerie Fernandes, President
Brighthouse Communications
www.brighthousecomms.com
val@brighthousecomms.com
416-562-6968

Australian Fintech Stables Launches International Remittances Between Australia and The Philippines

Australian Fintech Stables Launches International Remittances Between Australia and The Philippines




Australian Fintech Stables Launches International Remittances Between Australia and The Philippines

Stables Founders Photo

SYDNEY, Australia, March 26, 2024 (GLOBE NEWSWIRE) — Australian digital wallet provider and payment startup Stables has today announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people across Australia and the Philippines, all powered by stablecoins.

As the largest importer of remittances within Southeast Asia, the Philippines has inflows in excess of $40 billion per year (with $5.76 billion from Australia alone). In recent years, the Philippines has increasingly adopted digital forms of payment due to 44% of the population aged 15 and over in the Philippines estimated to be unbanked, leading to increased acceptance of digital wallets and e-wallets like Gcash in the region. 

With the market capitalisation of stablecoins hitting new highs in March 2024, totalling over $140 billion, there is strong momentum this year for the cohort-leading venture. Stables and its Founders have an unwavering belief in stablecoins to offer users speed, low-cost settlement, security and reliability for its users.

On the recent announcement, Stables Co-Founder and CEO Erez Rachamim said, “This is the first time in Australian history that a company has embedded stablecoins in remittance rails with both domestic jurisdictions covered to deliver a payload with no middlemen, intra-day with sub 1% fees, we cannot wait to bring feature parity to the Philippines by May 2024.”

“Our vision at Stables has always been to simplify the usage of stablecoins and drive their widespread adoption globally to improve access to basic financial services in emerging markets where a significant portion of the population is underbanked,” Rachamim continued.

“Initially, Stables set out to reimagine how stablecoins could power everyday payments, and today, we’ve turned that into a reality. Our users can now send Philippines Pesos or Australian Dollars from their stablecoin balance directly into any local bank account or eWallet, without the need for the other party to have a Stables wallet or know that the funds started as a digital asset on the blockchain,” added Erez Rachamim, CEO of Stables. “Stablecoin remittances are a lifeline for many who need to send money to their loved ones, as they provide faster, cheaper and more transparent transactions than traditional methods. Stablecoins are challenging the status quo of remittance services. We believe they will shape the future of cross-border payments, and the little guys will keep more money in their pockets.”

Stables has forged strong relationships and partnerships with major global payment players like Mastercard in 2023, announcing the launch of the Stables Mastercard™ virtual prepaid card in Australia. This groundbreaking solution allowed users to seamlessly and securely spend their stablecoin balance anywhere Mastercard cards are accepted, in-store or online.

Leveraging Circle Internet Financial (Circle)’s USDC, the Stables virtual card empowers customers to utilize their stablecoins in the physical world, meeting the growing demand for real-world spending among digital asset holders.

Founded in February 2021, Stables is on a mission to empower people to access the global financial system through transparent and fair stablecoin products. Stablecoin remittances offer cheaper alternatives but still face challenges to adoption. Stables hopes to bridge that gap as it aggressively moves into new international markets in 2024.

For more information or to sign up, visit https://stables.money

About Stables:
With a community of over 35,000 globally, Stables allows users to send, buy, and spend with their stablecoins – all on one balance. Founded in February 2021 and backed by leading VCs, Stables has assembled a stellar team focusing on bringing real-world use cases to digital assets. Powered by Mastercard, Australian users can pay with their USDC via Apple Pay and Google Pay in-store and online.

Stables is the brainchild of experienced fintech leaders Erez Rachamim, Bernardo Bilotta, Daniel Li, David Nichols, and Tony Tao. Stables employs 23 full-time staff, operating out of Sydney & Melbourne.

Key investors in Stables include global venture capital funds Rocket Internet, Fintech Collective and DACM, as well as high-profile angel investors, including Alvin Singh and Bosco Tan (co-founders at Pocketbook) and Larry Diamond (co-founder at Zip Co).

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c14bbb0d-0ab5-424b-bdf6-f444e9c5917b

CONTACT: Contact: marketing@stables.money

Members Mobile Launches Regulation Crowdfunding Campaign on Netcapital

Members Mobile Launches Regulation Crowdfunding Campaign on Netcapital




Members Mobile Launches Regulation Crowdfunding Campaign on Netcapital

Members Mobile is poised to capitalize on the mobile phone service industry by targeting 130 million credit union members nationwide.

Dayville, CT , March 22, 2024 (GLOBE NEWSWIRE) —

Members Mobile is excited to announce the launch of its Regulation Crowdfunding (Reg-CF) campaign on Netcapital. This marks a significant milestone for the company. They are opening the doors for everyday individuals to participate in breaking down barriers in hopes of fostering a more inclusive investment landscape.

As the first Mobile Virtual Network Operator (MVNO) of its kind, Members Mobile offers a comprehensive solution transcending traditional mobile phone service offerings. Through their platform, credit union members gain access to exclusive services with 4G/5G. This ensures exceptional value while promoting financial wellness through enhanced loyalty rewards.

Members Mobile is poised to capitalize on the mobile phone service industry by targeting 131 million credit union members nationwide. The company recognizes the challenges credit union members face with rising interest rates and inflation. Members will save hundreds of dollars per year which they can apply to savings, paying off loans, or investing for the future.

Company Highlights:

  • $700K previously raised.
  • Agreement signed with I-NEW, one of the world’s leading MVNE platforms.
  • Five credit unions representing more than 500,000 members have already signed LOIs.
  • In partnership with Lone Star Credit Union, One Nevada Credit Union, Great Lakes Credit Union, Msufcu, and Skyline Financial Federal Credit Union.
  • Currently holding blanket domestic Section 214 authority through registration with the FCC and Universal Service Administrative Company (USAC).

For those interested, you can add this financially inclusive opportunity to your portfolio on Netcapital. Prospective investors can own a piece of the company for as little as $250.

CONTACT: Gary Brandt
Co-founder & Executive Chairman
Members Mobile
(860) 986-9100
gary at membersmobile.us

LambdaTest’s LT Browser Hits 100,000 Downloads, Driving Responsive Web Development Success

LambdaTest’s LT Browser Hits 100,000 Downloads, Driving Responsive Web Development Success




LambdaTest’s LT Browser Hits 100,000 Downloads, Driving Responsive Web Development Success

LambdaTest’s LT Browser exceeds 100,000 downloads, underscoring its instrumental role in revolutionizing the approach to responsive web development

San Francisco, March 18, 2024 (GLOBE NEWSWIRE) — LambdaTest, a leading cloud-based unified testing platform, announced that its innovative ‘LT Browser‘ has crossed over 100,000 downloads. This milestone underscores the LT Browser’s position as a critical tool for web developers aiming to enhance the responsiveness and performance of their websites.

As mobile commerce continues to grow, with 79% of smartphone users having made a purchase using their mobile device in the last six months of 2022, the importance of mobile view testing is more critical than ever. LT Browser is perfectly positioned to assist developers in meeting this demand, ensuring seamless user experiences across multiple device viewports, simultaneously.

The LT Browser, a free-to-use developer-friendly browser, has set a new standard for developing, testing, and debugging mobile websites, offering a next-gen solution that supports multiple device interactions.

Comprehensive Suite of Features and Benefits Offered by LT Browser

  • Test websites across 50+ viewports for optimized performance and user experience.
  • Interact with and test up to six devices simultaneously, advancing responsive development. 
  • Dedicated DevTools and hot reloading support streamline debugging, enabling real-time changes.
  • Built-in network simulation ensures high-quality testing under various conditions.
  • Utilize Chromium engine for enhanced performance, Chrome settings, APIs, and extension support.
  • Multiple test recording options for versatile tracking and analysis of website behavior.

Reflecting on this achievement, Mayank Bhola, Head of Products and Co-Founder at LambdaTest, stated, “Reaching 100,000 downloads is a testament to LT Browser’s impact on the developer community. Our goal has always been to empower developers with tools that streamline the testing process, ensuring they can deliver optimized and high-performing web applications. LT Browser is at the crux of this mission, offering a comprehensive solution for responsive testing that meets the dynamic needs of today’s development landscape.” 

LT Browser, a lifetime-free tool provided by LambdaTest, offers users the convenience of seamless access without the need for logging in. The browser’s ability to generate multiple bug reports and detailed Lighthouse reports powered by Google, helps developers make informed decisions to improve website performance, accessibility, SEO, and more.

For more information about LT Browser and how it can transform your web development and testing workflows, visit https://www.lambdatest.com/lt-browser.

About LambdaTest
LambdaTest is an intelligent and omnichannel enterprise execution environment that helps businesses drastically reduce time to market through Just in Time Test Orchestration (JITTO),  ensuring quality releases and accelerated digital transformation. Over 10,000+ enterprise customers and 2+ million users across 130+ countries rely on LambdaTest for their testing needs.

● Browser & App Testing Cloud allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers, real devices, and operating system environments.

● HyperExecute helps customers run and orchestrate test grids in the cloud for any framework and programming language at blazing-fast speeds to cut down on quality test time, helping developers build software faster.

For more information, please visit, https://lambdatest.com

CONTACT: LambdaTest press office: press@lambdatest.com

Honeygain Unveils Carebuzz and Its Innovative Crowdfunding Solutions at MWC 2024

Honeygain Unveils Carebuzz and Its Innovative Crowdfunding Solutions at MWC 2024




Honeygain Unveils Carebuzz and Its Innovative Crowdfunding Solutions at MWC 2024

VILNIUS, Lithuania, March 15, 2024 (GLOBE NEWSWIRE) — Honeygain, a leading player in the residential proxy industry, attended the Mobile World Congress (MWC) 2024, strengthening its goal to generate innovative and sustainable ways to monetize apps and crowdfund. The world’s largest exhibition for the mobile industry offers a platform for industry professionals to collaborate and explore the latest trends and technologies shaping the future.

MWC focused on the potential of 6G, practical applications for artificial intelligence, the Internet of Things solutions, and the role of collaboration, sustainability, and diversity in technological evolution.

The latter theme is of the utmost importance for Honeygain, as the company provides accessible solutions for income generation and climate action with its flagship crowdfunding platform, CareBuzz.

“We’re excited to be part of this connectivity movement and to bring forward innovative and sustainable ways to monetize apps and crowdfund,” shared Liudvikas Kiskis, project manager at Honeygain. “This event provides an amazing opportunity to connect with like-minded professionals, share our good practices, and unveil our latest solutions that we believe will shape the future of technology.”

Through innovative bandwidth-sharing technology, CareBuzz enables crowdfunding opportunities to be available to users worldwide, tailored towards those who want to donate but may not be able to do so due to their financial circumstances. By collaborating and utilizing Honeygain’s web intelligence network, users share their unused bandwidth, which is turned into money and donated to a digital creator, non-governmental, or charitable organization.

The Global System for Mobile Communications Association believes that the mobile industry is at the forefront of the digital revolution, delivering impact through global initiatives. In 2019, they set a goal to “transform the mobile industry to reach net zero carbon emissions by 2050, at the latest.”

Such corporate social responsibility, in the form of accessible and digital approaches to sustainability, helps businesses boost their brand image and customer loyalty, create a positive business reputation, increase employee morale, and help the world on a larger scale than individuals could.

About Honeygain: Honeygain is the world’s leading crowdsourced web intelligence network. It provides a global opportunity to earn money passively. Honeygain’s business partners use a one-of-the-kind web intelligence network to supercharge their business operations for essential industries in our economy: e-commerce, venture capital, advertising, and web analytics.

Contact information:

Monika Ezerinskaite, Digital Marketing Manager

monika@honeygain.com

 

Aditude acquires Gaming SSP CPMStar

Aditude acquires Gaming SSP CPMStar




Aditude acquires Gaming SSP CPMStar

Advertising technology startup Aditude acquires Gaming SSP CPMStar

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) — Aditude has closed on a deal to acquire CPMStar, a leading monetization and SSP solution for gaming developers and publishers. This is the first acquisition by Aditude after they raised their $15M Series A in the summer of 2023. The CPMStar acquisition is a significant move for Aditude as it brings them up a level into managing direct advertiser relationships to benefit their publisher partners.

Since 2005, CPMStar has been the first and largest advertising solution focused on reaching gamers. Reaching over 800 Million MAUs, they have gamers of every demographic. Their proprietary technology, global reach, exclusive partners and high impact formats, allow them to meet and exceed advertiser KPIs.

In the deal, Aditude is acquiring all of CPMStar’s assets and will continue to operate as a standalone product to ensure its continued success. Aditude is also retaining the CPMStar team, composed primarily of engineering and business development experts, to preserve crucial product knowledge, facilitate Aditude employee training, and actively contribute to the expansion and enhancement of Aditude’s product suite.

Quote from Jared Siegal of Aditude Inc.:

“We are super excited to have CPMStar join the Aditude team. Our goal of becoming the largest ad tech provider moves one step closer as we bring on one of the best advertising platforms in the gaming industry. Everyone on both sides is extremely excited about all the possibilities for scale. This is only the beginning and we’re just getting started.”

For more information on Aditude, please visit aditude.com or email brandon@aditude.com for media kit and press inquiries.

About Aditude
Aditude, an Inc. 5000 company, helps publishers scale their advertising revenue with their suite of monetization products and industry-leading advertising partnerships. Aditude’s advertising and engineering teams help publishers save precious time and money while increasing their bottom line. For more information, visit aditude.com.

Celebrity Chef Charlotte Langley launches incubator, Langley Foods Inc., for responsible CPG brands

Celebrity Chef Charlotte Langley launches incubator, Langley Foods Inc., for responsible CPG brands




Celebrity Chef Charlotte Langley launches incubator, Langley Foods Inc., for responsible CPG brands

Canada, March 07, 2024 (GLOBE NEWSWIRE) — Toronto, Canada – March 7, 2024 – Chef Charlotte Langley, a pioneer in sustainable seafood, announces today the launch of her latest venture, Langley Foods. An agency and incubator aimed at supporting consumer packaged goods (CPGs) looking to enter the Canadian food and beverage industry, Langley Foods will drive positive impacts through startups dedicated to more sustainable and regenerative practices. 
Langley announces this new chapter as she shares her departure from Scout Canning as Chief Culinary Officer. Since founding Scout Canning in 2014 and being named Ambassador Chef for the (Marine Stewardship Council) MSC in 2017, Charlotte has been instrumental in redefining perceptions of tinned fish and sustainable seafood in the North American market. She now looks forward to applying her unique perspective to the forefront of North America’s evolving CPG sector. Through Langley Foods, she will champion a diverse array of food and beverage startups dedicated to responsible sourcing, each uniquely positioned to make a significant impact in the marketplace. “

Langley Foods: Pioneering a Responsible Future in the Canadian Food and Beverage Sector
Langley Foods aims to be at the forefront of innovation in Canada’s food and beverage landscape. Langley’s mission is to revolutionize the sector through a unique ecosystem that fosters sustainable and ethical business practices.
At its core, Langley Foods empowers emerging Canadian brands by offering a wealth of resources, expert guidance, and strategic partnerships that pave the way for growth and prosperous exits. More than just an agency, it will be a thriving community that leverages a shared resource model and a novel revenue-sharing approach to amplify the success and value of startups. Through these initiatives, Langley Foods will seek to catalyze change, ensuring a brighter, more sustainable future for the food and beverage industry. “Launching Langley Foods merges responsibility with innovation, aiming for a healthier planet. ”Launching Langley Foods blends responsibility with innovation, building delicious brands for a healthier planet. Anticipate our brand unveiling in Spring 2024. Redefining food’s impact, one brand at a time”

A Legacy of Innovation at Scout Canning
Scout Canning’s inception was fueled by a passion for creating exceptional canned seafood, mirroring Langley’s dedication to responsible sourcing and processing. Born from a desire to revolutionize home cooking, Scout’s products were designed to be not only delicious and nutritious but also environmentally responsible. She aimed to encourage home cooks and foodservices to think creatively, offering them a product that was both innovative and aligned with their values.
Scout Canning’s evolution from a small Canadian startup to a brand with North American recognition and distribution is a testament to the power of vision, responsible practices, and community collaboration. It became a respected name in the consumer packaged goods sector, reflecting Langley’s commitment to excellence and environmental stewardship.

Langley Foods is seeking interested people to join our transformative venture:

  • Entrepreneurs and Innovators: If you’re driven by a passion to reshape the Canadian CPG landscape, we warmly invite you to embark on this journey with us.
  • Investors: Discover partnership opportunities and investment options to become part of this groundbreaking movement.

For more information and to join this transformative venture, visit www.langley.inc.
Charlotte Langley
Founder and President, Langley Foods Inc.
info@langley.inc
416-894-2977
About Chef Charlotte Langley
Charlotte Langley brings over a decade of culinary expertise and entrepreneurial spirit to the table. With a background as a chef, consultant, and CCO and Founder of Scout Canning, she honed her skills in the kitchen and beyond, crafting innovative products and experiences and guiding other brands towards success. Her journey began in the kitchens of Canadian restaurants and since 2009 she has worked tirelessly to blend her love for cooking with her commitment to delicious authenticity, culinary excellence and innovative brand design. As a trusted consultant for other brands, she has helped shape the landscape of the food and beverage industry, always with a focus on sustainability, creativity, and community equity. As the founder of Langley Foods, Charlotte is bringing together a team of Innovators dedicated to setting new industry standards through ethical sourcing, eco-innovation, and community engagement, aiming to benefit customers, the environment, and society for a sustainable, positive legacy.

– 30 –

CONTACT: Charlotte Langley
Langley Foods
4168942977
info@langley.inc

EIC Rose Rock Investment Aims to Utilize AI to Improve Worker Safety

EIC Rose Rock Investment Aims to Utilize AI to Improve Worker Safety




EIC Rose Rock Investment Aims to Utilize AI to Improve Worker Safety

Investment Funds Tulsa-Based AI Start-Up Helping Deliver Safer Job Sites for Energy and Manufacturing Workers

TULSA, Okla., March 07, 2024 (GLOBE NEWSWIRE) — EIC Rose Rock, an early-stage VC fund focused on energy technologies, today announced its direct investment into Safety Radar, a Tulsa-based start-up with offices in Oklahoma and Colorado that has built an artificial intelligence (AI) platform to help prevent job site accidents and enable organizations to quickly identify and address potential risks, protecting their employees, assets, and reputation.

EIC Rose Rock was the lead investor in the $1.5m Series Seed financing which also included strategic investor Helmerich and Payne (H&P), DA Ventures Seed Fund (a Denver Angels affiliate), as well as several other investors.

“We are excited to lead this investment into Safety Radar and continue delivering innovation and value to our corporate partners. The Rose Rock Bridge program provided the initial non-dilutive funding and start-up support services to ensure Safety Radar’s team built the company in Tulsa. This additional investment will enable Safety Radar to grow and deploy this world-class AI technology into our corporate partners’ operations to help further protect their employees from job site accidents – and will help to increase worksite safety across several industries,” said David Clouse, Managing Director of the EIC Rose Rock fund.

Garrison Haning, Safety Radar’s CEO, stated, “We are excited to become part of the EIC Rose Rock portfolio. Their investment highlights our shared excitement as Safety Radar’s AI platform aims to keep people safe in a diverse set of industries. We are grateful for the Rose Rock Bridge team’s early support that made it possible for us to build our company in Tulsa and engage with H&P and the other Rose Rock corporate partners.”

“H&P is committed to finding innovative ways to better control exposures and prevent incidents in our workplaces around the globe,” said Micah Backlund, H&P Director of HSE. “We are excited about Safety Radar’s technology and the potential safety impacts it has for our employees and others working in our industry.”

Prior to the investment from EIC Rose Rock, Safety Radar was a member of the Rose Rock Bridge start-up incubator and received a $100,000 non-dilutive grant to build the company in Tulsa. “We have enjoyed working with the Safety Radar team over the past 12 months. They are now positioned to scale-up quickly and make a significant impact in the Tulsa community,” added Kastle Jones, Managing Director of Rose Rock Bridge.

EIC Rose Rock has added eight portfolio companies since launching 12 months ago, with four companies committing to creating jobs in the Tulsa region. Four start-ups have also been accepted to date into Rose Rock Bridge’s incubator, with more pending.

About Safety Radar
Safety Radar is the first AI platform to stop job site accidents through behavioral risk tracking and training. Safety Radar’s AI approach to risk management and mitigation enables organizations to quickly identify and address potential risks, protecting their employees, assets, and reputation. For more information, visit http://www.safetyradar.com.

About EIC Rose Rock
EIC Rose Rock is a unique long-term partnership between George Kaiser Family Foundation’s tech-focused development arm, multiple Fortune 500 energy leaders, and the premier venture capital fund, Energy Innovation Capital (EIC). EIC Rose Rock provides early-stage funding for visionary entrepreneurs developing energy technologies that advance energy diversification, improve sustainability and enhance the operational efficiency of existing oil and gas assets. To learn more, visit www.eicroserock.com.

About Rose Rock Bridge
Rose Rock Bridge is a non-profit start-up incubator that sources and integrates nascent energy innovations with established corporations to solve the industry’s most challenging pain points. Rose Rock Bridge provides select energy tech start-ups with non-dilutive funding, piloting support, and access to customers to scale-up in the Tulsa region. For more information, please visit www.roserockbridge.org.

About Helmerich & Payne, Inc.
Founded in 1920, Helmerich & Payne, Inc. (H&P) is committed to delivering industry-leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. For more information, visit www.helmerichpayne.com.

CONTACT: Press Contact:
Bethany Hilt, Hilt Strategic Communications LLC
hiltb@hiltstrategiccommunications.com
Phone: 1+ 330.338.6633