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Capchase Reveals Record Growth as More Software-as-a-Service Startups Seek Non-Dilutive Financing

With more than $900 million raised to date, Capchase experienced record growth in 2022, seeing demand increase almost 350% and growing European business to 30% of the company

NEW YORKDec.13, 2022 /PRNewswire/ — Capchase, the leading provider of non-dilutive capital to SaaS companies, today revealed its 2022 growth metrics, announcing it saw a surge in customers and increased revenue by 250%. Throughout the year, Capchase was able to expand its reach by securing additional funding, forging partnerships with leading financial service companies, and expanding its European services, including launching in Germany. The company’s success allowed it to deploy a record amount of non-dilutive financing to startups across the globe.

As the macroeconomic environment has become uncertain and VC funding has slowed, founders are increasingly looking to non-dilutive financing to diversify their funding, and future-proof their growth. As a result, Capchase saw underwritings increase by nearly 350% in 2022, with the majority of Capchase customers putting capital toward financing customer acquisition costs, key sales hires, and subscription expenses.

Prima Acquires Prospect Farms to Create the Next Generation Wellness Platform

SANTA MONICA, Calif.Dec. 13, 2022 /PRNewswire/ — Prima, the award-winning, science-driven, plant therapeutic wellness brand and certified B Corp™, today announced the acquisition of Prospect Farms. Together, they form Uplifter Brands, PBC, a next-gen CPG house of clean and conscious brands across personal care, supplements, spa and hospitality, private label, and pet wellness.

The acquisition gives Prima ownership of Prospect Farms, one of the nation’s largest USDA Certified Organic hemp farms and manufacturing complexes. With over 250-acres of regenerative cultivation, the farm holds a state-of-the-art greenhouse, pharmaceutical-grade filing system, and on-site lab formulation and fulfillment to fuel profitable, accelerated growth for Uplifter Brands, as well as uphold and expand the portfolio’s highest standards for sourcing and sustainability.

“At a time when many of our competitors are shutting down, consolidating, or moving away from cannabinoids all-together, we’re doubling down on the ingredient and its vast therapeutic benefits,” says Laurel Angelica Myers, Uplifter Brands’ Co-CEO. “With the acquisition of a USDA Certified Organic hemp farm and an even bigger plan to lead the wellness category with the cleanest, science-backed botanical therapeutic products, we can’t wait to share what’s coming next.”

DEREK JETER’S SPORTS-CARD TRADING PLATFORM RAISES $10M

Arena Club, a card-trading platform co-founded by baseball Hall-of-Famer Derek Jeter, recently raised $10 million in Series A funding as it looks to put the ‘trading’ back into trading cards.

Derek Jeter’s Sports Trading Card Company Brings in $10M

Sports trading card platform Arena Club has raised $10 million in Series A funding.

Co-founded by CEO Brian Lee and Hall of Fame Yankees player Derek Jeter, Arena Club launched its digital showroom in September. Through the platform, sports fans can buy, sell, trade and display their card collections. Using computer vision and machine learning, Arena Club allows fans to grade and authenticate their cards, which can be stored in the company’s vault or delivered in protective “slabs.” Arena Club intends to use the new cash to expand these functions and scale its operations.

The new funding brings Arena Club’s total amount raised to $20 million. M13, defy.vc, Lightspeed Ventures, Elysian Park Ventures and BAM Ventures contributed to the round.

“Our team is thankful for the group of investors—led by M13, who see the bright future of the trading card hobby and our platform,” Lee said in a statement. “I have long admired M13 and the value they bring to early-stage startups.”

Crypto stablecoin issuer Circle adds Apple Pay support

The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers.

Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC) has added support for Apple Pay — with the intention of bringing the crypto and traditional payment systems closer together.

Circle made the announcement in a Nov. 15 blog post, suggesting it may boost sales for crypto-native businesses as they can facilitate traditional payments from non-crypto-using customers while enabling customers to “buy crypto with Apple Pay on their preferred exchange.”

According to Circle, the addition of Apple Pay support will benefit traditional businesses by allowing them “to shift more retail payments to digital currency.”

Apple Pay is available to “eligible businesses” and claims to enable it is “a simple process.” Meanwhile, customers who checkout with Apple Pay at participating firms will finalize the transaction, as usual, using Apple’s Face ID or Touch ID.

Apploi Acquires OnCall to Help Healthcare Employers Manage Shifts


Leading healthcare HR software provides users with automated shift scheduling

NEW YORKNov. 15, 2022 /PRNewswire/ — Apploi, the leading platform for healthcare hiring, announced it has acquired OnCall, a healthcare shift management solution that focuses on scheduling and staff management amidst the ongoing hiring crunch.

Apploi has become the prime healthcare hiring software, helping over 7,000 healthcare communities hire and retain the right people. In 2020, the software company acquired Healthgig’s onboarding and credentialing platform, expanding into the world of human capital management. With the addition of OnCall, Apploi customers will now be able to manage shifts on the same platform they use to hire.

 

NIFTY GAMES SCORES THREE-POINTERS WITH THE NBACLASH GAME

The NBA Game release date is finally here, and there’s fantastic news for those of you who love basketball and mobile games. The new title came to you as courtesy of Nifty Games and promises to be a great 3-pointer full of fun activities, which may not be exactly what you expect because of the special abilities on offer.

Of course, there is no video game for the National Basketball Association without all 30 teams in the league, including the Celtics, Knicks, 69ers, Lakers, Bulls and more. There is no doubt that it’ll be a good time for some legendary players to appear on the screen. Obviously, NBA Clash includes more than 100 athletes.

The date is one of the most important and most memorable games, Jon Middleton says. We designed NBA Clash, which allows the intense fast-paced basketball movement to live from the ground up. Gamers will be fired to face off with custom teams of their favourite NBA players to rain down threes, break ankles and wreck rims against friends and opponents around the world.

Nifty Games launches NBA Clash for mobile gamers

Nifty Games announced this week the launch of NBA Clash on iOS and Android platforms.

NBA stars Jaylen Brown and Jamal Murray were featured as highlight athletes. Brown and Murray, alongside the full roster of NBA players are part of the player roster officially licensed from the NBA and the NBPA.

The game is an action mobile game aimed at armchair power forwards, casual hoops fans and sports fanatics looking for basketball action. Featuring all 30 NBA teams and over 100 individual players, NBA
Clash is a quick-session, real-time player-vs.-player mobile game.

Gamers worldwide will be able to compete head-to-head in 3-on-3 games, featuring first to eleven scoring. Nifty Games also published NFL Clash as part of its mission of bringing short form sports games to mobile players.

Animoca Brands’ & Arevo To Launch NFT-Validated Carbon Fiber Bikes

Bicycles are one of the most iconic inventions of humankind, and as with every technological innovation, they have experienced a vast evolution over their 200+ years of existence – whether it be from disc brakes to electric gears, or air spring suspension forks to heavy-grip tires.

Web3 is undoubtedly spearheading many facets of 21st century tech, where whether you call it ‘phygitalising’ or ‘matterverse to metaverse,’ many a project is pioneering new and expressive ways in which the physical world can merge with that of the digital.
In taking this premise into the ever-evolving realm of bikes, leading venture capital firm Animoca Brands has partnered with illustrious 3D-printing company Arevo to produce NFT-centric carbon fiber bikes.