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Funding

Beyond Limits Raises $133M for its Industrial and Enterprise AI Platform

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Much of the focus of AI has been on data-intensive applications and consumer-facing implementations.  Beyond Limits’ cognitive AI platform unleashes the power of AI for some of the most demanding verticals like energy, utilities, and healthcare.  The company’s solutions are used to boost operational insights, improve operating conditions, enhance performance, and ultimately, increase profits. The company’s technology originated at Caltech’s Jet Propulsion Laboratory for NASA space missions and is now being leveraged to help some of the largest industrial enterprises and companies address their most pressing challenges with a combination of machine learning and human knowledge. LA TechWatch caught up with CEO and Founder AJ Abdallat to learn more about the state of the enterprise and industrial AI market, the company’s future plans, and recent funding round.

The Weekly Notable Startup Funding Report: 9/21/20

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The notable US startup fundings for the week ending 9/19/20 featuring funding details for Affirm, Devo, Humatics, and much much more.

The LA TechWatch Startup Daily Funding Report: 9/17/2020

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The latest venture capital, seed, pre-seed, and angel deals for LA startups for 9/17/2020 featuring funding details for Boosted Commerce, Frequency Networks, and much more.

The LA TechWatch Startup Daily Funding Report: 9/16/2020

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The latest venture capital, seed, pre-seed, and angel deals for LA startups for 9/16/2020 featuring funding details for Zwift, Endorsify, and much more.

Incentify Raises $4.25M for its SaaS Platform to Manage Tax Credits and Incentives

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The average Fortune 500 company has a portfolio of over $212M in Tax Credits and Incentives. As large as this sounds, nearly 50% of available credits and incentives (C&I) go unclaimed each year. Companies may be dissuaded by the process of applying, reporting, and maintaining these credits. Incentify is the enterprise SaaS platform that lets companies manage all aspects of tax credits and incentives.CEO Laurence Sotsky shares more on how Incentify is changing the narrative around C&I by providing analytics, reporting, and compliance in a centralized platform.