Company founded by Jeff Schumacher

Company already valued at over $300m USD

MANHATTAN BEACH, Calif-Thursday 14 January 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- New Asset Exchange (NAX), a company that brings liquidity to corporate assets, has formally launched today after two and a half years in stealth development. It has established a new model for launching corporate asset-backed products, ventures and securities. NAX is founded by serial entrepreneur Jeff Schumacher.

NAX combines the software and the method to identify, build, launch and scale asset-backed products, ventures and securitized assets for institutional trading. NAX has secured $65m USD to date in investment from 12 institutional, family office and corporate investors across North America, Europe and Asia, valuing the company at over $300m USD. It launches with a global team based in North America and Europe.

NAX has developed software for digital, micro and platform ... Read more »

TOKYO-Thursday 14 January 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Asahi Kasei's Specialty Solutions SBU will build a second plant for microcrystalline cellulose [1] (trade name Ceolus™) at its Mizushima Works in Kurashiki, Okayama, Japan.

Asahi Kasei currently manufactures Ceolus™, a microcrystalline cellulose used primarily in pharmaceuticals as tablet binder [2], in Nobeoka, Miyazaki, Japan.

Besides the standard-type product PH series, Ceolus™ has a lineup of KG series that greatly enhances the compactibility of tablets, and UF series that combines compactibility and flowability. These products provide solutions to a wide range of issues in the production of tablets for pharmaceuticals and supplements.

By using the KG series, tablets can be produced stably even when the amount of tablet binder that can be added is small, such as when tablets contain a large amount of active pharmaceutical ingredient (API) or when multiple APIs ar ... Read more »

MOUNTAIN VIEW, Calif. -Thursday 14 January 2021 [ AETOS Wire ]

Company nearly triples revenue and customer base, grows workloads per customer fourfold across data integration, process automation, and chatbots

Over 7,000 customers now trust Workato to integrate hundreds of apps and securely automate more than a million workflows across finance, HR, sales, marketing, customer success and IT

(BUSINESS WIRE)-- Workato, the leader in integration-led automation, today announced $110 million in Series D funding led by global investment firm Altimeter Capital alongside Insight Partners. Pauline Yang, partner at Altimeter Capital, will join Workato's board of directors as an observer. Existing investors, Redpoint Ventures and Battery Ventures, also participated in the round. This investment brings the total capital raised by the company to over $221 million and values Workato at $1.7 billion.

“There’s been explosive growth in business apps and ... Read more »

 Company to expand accelerators and seed investing to help more entrepreneurs succeed, and accelerate pace of change in tech diversity, social impact

BOULDER, Colo.-Thursday 14 January 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Today, Techstars, the worldwide network that helps entrepreneurs succeed, announced that the company’s Board of Directors has appointed Maëlle Gavet as Chief Executive Officer effective January 11, 2021. Outgoing CEO and co-founder David Brown will continue to serve on the board. Techstars also announced David Cohen, co-founder, will assume the new role of Chairman of the Board of Directors.

“Our mission is to support entrepreneurs everywhere because we believe they hold the solutions to the world’s greatest challenges,” said Cohen. “It’s our job to continue supporting them with mentorship and access to capital as they scale, and even more so as we do. Techstars’ success is attra ... Read more »