Monthly Archives - January 2024

What Gentex’s Acquisition Of eSight Means For The Low-Vision Eyewear Market

Earlier this month, ahead of the start of the annual world-famous Consumer Electronics show held in Las Vegas, Gentex corporation announced its acquisition of Toronto-based eSight. Back in 2006, the latter was one of the first tech startups to make a serious bid to address the complex sight enhancement eyewear market which involves the use of medical devices in the form of electronic glasses designed to boost the sight of people living with vision impairments by deploying camera and display...
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Employers have short window to help workers ‘crush student debt’ through retirement plan match

Through 2025, employer-sponsored retirement plans are able to help workers “crush student debt” by offering a retirement plan match based on a qualified student loan payment, Candidly Founder and CEO Laurel Taylor said Tuesday at a conference. The retirement symposium was sponsored by the Employee Benefit Research Institute and the Milken Institute. The potential benefit comes from the Consolidated Appropriations Act, which was signed into law in 2020 as part of pandemic relief efforts. Read more >>
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Interview with Ziad Moukheiber of Boston Harbor Angels

Interview with Ziad Moukheiber of Boston Harbor Angels by ChatGPT       Interview with Ziad Moukheiber, President of Boston Harbor Angels, on Angel Investing in 2024 **Interviewer:** Welcome, Ziad. It's a pleasure to have you here to discuss the evolving landscape of angel investing in 2024. **Ziad Moukheiber:** Thank you for having me. It's an exciting time in the angel investing world. **Interviewer:** To start, could you explain what angel investing looks like in 2024, particularly any major changes or trends? **Moukheiber:** Absolutely. In 2024, angel investing has...
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Wasabi Acquires Curio AI from GrayMeta

Wasabi Technologies, the hot cloud storage company, announces the acquisition of Curio AI from GrayMeta, Inc. Terms of the deal were not disclosed. The acquisition includes both the intellectual property and the visionary team behind Curio, including GrayMeta CEO Aaron Edell, who will join Wasabi as Senior Vice President of AI and Machine Learning. Wasabi will incorporate the Curio AI technology into a new class of AI-powered intelligent storage for the Media and Entertainment industry which it plans to release...
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Myomo Announces Closing of $6 Million Registered Direct Offering of Common Stock Priced At-the-Market

Myomo, Inc., a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced that it has closed its previously announced registered direct offering of its common stock, priced at-the-market with certain new and existing institutional investors as well as certain insiders of the Company, for the purchase an
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Myomo to raise $6M with eyes on Medicare coverage

Myomo announced today that it entered into securities purchase agreements worth approximately $6 million. The company entered into agreements with certain new and existing institutional investors, plus insiders at Myomo. This agreement includes nearly 1.6 million shares of common stock priced at $3.80 per share. In conjunction with the offering, Myomo disclosed that it expects existing cash plus proceeds to help achieve cash flow breakeven on a quarterly basis. The company anticipates realizing this by the fourth quarter of 2024....
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