With $300 Million In New Funding, Zymergen Aims To Sustainably Transform The $3 Trillion Chemical And Materials Industry

By making better, greener alternatives to petrochemistry, Zymergen sees a huge economic and environmental opportunity

As the smoke from a dozen wildfires darkened San Francisco, Josh Hoffman took his two children outside to see the surreal morning sky. It looked like a dystopian scene from Blade Runner 2049.

“My kids were scared because the sun never rose, and when it did it looked like a dying planet,” says the CEO of Zymergen, a biomanufacturing company. In the apocalyptic skies, Hoffman saw the end of times that so many warn about if we don’t get a handle on climate change. “It’s not going to be solved with gentle nudges to use a little bit less power. We need real technology-based innovation.”

Warmer, drier conditions, increased drought, and a longer fire season…these are just a few potential results of climate change. But by making better, greener alternatives for the $3 trillion petrochemistry-based chemicals and materials industry, Zymergen sees a huge economic and environmental opportunity.

Investing in the future of manufacturing

Investors see the opportunity, too. In September, Zymergen announced one of the largest deep tech investments of 2020 — $300 million — to accelerate its pipeline of high-performance chemicals and materials. The investment includes initial Series D funding led by Baillie Gifford, Baron Capital Group, Perceptive Advisors, and a number of current investors. Zymergen expects to raise additional capital in Q4 as part of the Series D round.

Hoffman says about 60% of Zymergen’s cash is going to new pipeline

Uber Freight Raises $500 Million in Funding From Greenbriar Equity Group to Transform Logistics

Series A investment by Greenbriar will accelerate Uber Freight’s broad market adoption and expand reach

Uber Technologies, Inc. (NYSE: UBER) and Greenbriar Equity Group, L.P. (Greenbriar), a New York-based investment firm and one of the leading investors in the logistics space, announced today that an investor group led by Greenbriar has committed to invest $500 million in a Series A preferred stock financing for Uber Freight, the logistics arm of Uber, valuing the unit at $3.3 billion on a post-money basis. Uber will maintain majority ownership in Uber Freight and will use the funds to continue to scale its logistics platform and accelerate product innovation to equip shippers with technology to power their supply chains.

In connection with the investment, Michael Weiss and Jill Raker, Managing Partners of Greenbriar, will join the Uber Freight Board of Directors. With a combination of more than 40 years of investing experience in logistics, Mr. Weiss and Ms. Raker have been actively involved in many successful investments across the space, and will additionally draw on the counsel of the firm’s investment team and highly regarded network of operating partners in support of management’s vision for growth.

Uber Freight launched in 2017 with a mission to simplify the movement of goods to help communities thrive. Since then, the company has built one of the world’s largest digitally enabled carrier networks and transformed logistics management for thousands of shippers. Uber Freight’s driver-first carrier tools enable trucking companies and their drivers to book loads as seamlessly as they would book an Uber ride, while the company’s suite of on-demand logistics solutions, APIs, and software integrations provide shippers with the ability to seamlessly plan, budget, tender, and track their freight, no matter their procurement needs. During the early days of the COVID-19 pandemic, Uber Freight was able to

Indian PR Newswire Leader, Digpu Now Ready To Transform Off-site SEO

backlink building 900x600

In a welcome development, the largest news distribution network of India has forayed into website Search Engine Optimization (SEO) services and it is ready to transform the off-site SEO. Digpu News Network, widely known as Digpu has tied up with 448 reputed online news channels to make its services standout.
After becoming the industry leader in online PR distribution, the company is now eyeing to revolutionize the SEO services in the country by making it affordable for all. “From a startup, small business to a budding artist, medium enterprises or even an emerging brand, we have tailor-made packages for all,” says Kunwar Devender Singh, CEO, Digpu News Network.
The company is starting with off-site SEO service of do-follow backlinks, which will be from high page-rank websites of national and international repute and authority.
In Off-page SEO techniques, you generate website traffic by creating backlinks, listing your website on another website. It helps you to improve the ranking of the website in search engine results pages (SERPs).
Interestingly, the do-follow backlinks are major backlinks that have the ability to pass on link juice. The no-follow backlinks, however, don’t really make a difference as far as long-term results are concerned.
What’s innovative in Digpu’s Website Backlink program is that with a single piece of content, the company provides its clients with more than 250 backlinks. About the Do-Follow News Publication, Kunwar says, “This is the globe’s first-ever 100% do-follow link package which includes 270 news channels including Forbes India.”
The traditional way of guest posting email outreach, searching for niche-specific online directories and social media & influencer marketing is very time-consuming and take years to earn backlinks. However, the unique Backlink program by Digpu News Network is more than enough, especially for new brands who want to earn the trust of potential

How to tell if computer vision can transform your business

During my career as an automotive engineer at Ford Motor Company in the early 2000s, world-class vision system technology was already routinely being used for various applications on programs and production. However, the automation around the analysis had not yet come full circle. Today, it has. And with the latest iterations of smartphones for facial recognition and other functionality, most anyone with a smartphone already has a device using computer vision. Machine and computer vision are also being used in applications such as satellite geo-analytics, food safety and processing, agriculture operations, augmented reality, human emotion analysis, medical diagnostics, robotic guidance, quality control, transportation coordination, utilities, security surveillance, and more.

As the technology proliferates across new sectors, it will be critical for business leaders to assess how computer vision could impact the trajectory of their organization. So let’s take a deeper look at the real-world use cases emerging today. (For the sake of this discussion, I’ll use computer vision and machine vision interchangeably, even though there are slight differences.)

A quick primer

First, a quick look at where computer vision fits within the world of artificial intelligence: Deep learning is a sub-category of machine learning, which is a sub-category of artificial intelligence. Computer vision and machine vision usually rely on deep learning algorithms for proper weighting and training of visual data. Machine vision may also use a hybrid of various machine learning techniques to get to the desired level of output reasoning. From a business perspective, what you need to know is that this is one of the fastest growing sub-categories under the artificial intelligence umbrella for real-world applications.

Machine vision gives hardware the ability to observe and interpret its environment from what it “sees.” It requires input from vision systems, which have been around for decades within many industries.

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