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Cats N Cars, a premier supercar giveaway platform, is redefining value by offering participants the highest entries per dollar spent through their unique blockchain-powered “supercharging” feature. As they strive for global sweepstakes success, Cats N Cars is not only committed to offering thrilling car giveaways but also ensuring strict compliance with sweepstakes standards, providing a fair and efficient experience for all participants.

When co-founders Eric DosSantos (CEO) and Travis Frye (CMO/COO) embarked on their journey, they underestimated the complexities of managing a sweepstakes, particularly the legal regulations, bonding, and registration requirements for both the U.S. and Canadian markets. Recognizing the potential pitfalls, they sought an experienced partner to ensure every aspect of their sweepstakes would be fully compliant.

After a thorough search, American Sweepstakes & Promotion Company emerged as the ideal partner. With 70 years of combined experience and a prestigious client list including Wendy’s, West Elm, H&R Block, and Cars.com, American Sweepstakes was a clear choice. Their exceptional customer service was evident when Gene Cairo, the company’s owner, personally spent an hour with Travis, explaining the intricacies of running a compliant sweepstakes.

With American Sweepstakes on board, Cats N Cars successfully launched their first giveaway—the BMW M6. The expertise, attention to detail, and professionalism provided by American Sweepstakes ensured a smooth and successful launch, allowing the Cats N Cars team to focus on delivering an outstanding participant experience.

As Cats N Cars gears up for their next exciting giveaway—the Porsche 911 Cabriolet—they are confident in their continued partnership with American Sweepstakes, knowing they have the support needed to maintain compliance and deliver an exceptional user experience.

Official Rules and Entry

Participants can enter the Porsche 911 giveaway by visiting the Cats N Cars website. Official rules and detailed information on eligibility, entry methods, and prize details are available online at https://shop.catsncars.com/pages/porsche-911-carrera-giveaway.

About Cats N Cars

At Cats N Cars, our mission is clear: to build the greatest supercar giveaway ever while providing a unique digital experience through our CNC cryptocurrency. Our goal is to create a utility token that enhances participation in our exciting events and community activities. To learn more about how we plan to support and grow the CNC ecosystem, explore our white paper and roadmap by visiting our website at https://www.catsncars.com.

Media Contact

Cats N Cars

pr@catsncars.com

Glazers Media, a company that specializes in entertainment and media, today announced that Vito Glazers will be performing live stand up comedy at the Hollywood Roosevelt this Friday night at 8 p.m. PT. Known for his hilarious and engaging performances, Vito Glazers promises an unforgettable evening of laughter and entertainment.

This event is significant for Glazers Media as it showcases the company's commitment to providing unique and engaging entertainment experiences for its audience. By hosting Vito Glazers at the Hollywood Roosevelt, Glazers Media continues to push the boundaries of traditional comedy shows and offer a fresh and exciting experience for attendees.

Vito Glazers, CEO of Glazers Media, expressed his excitement for the upcoming show, stating, "I can't wait to take the stage and share some new material with the audience. It's always a pleasure to connect with fans and bring laughter into their lives."

Looking ahead, Glazers Media plans to expand its entertainment offerings and continue to collaborate with talented performers to create memorable experiences for audiences worldwide.

For more information on Glazers Media and upcoming events, please visit https://glazersmedia.com.

About Glazers Media

Based in Los Angeles, Glazers Media is a titan in the public relations sector, dedicated to serving small businesses with a promise of guaranteed results. Our unique approach is not just about creating buzz; it's about crafting legacies. With a team of seasoned professionals and a track record of award-winning campaigns, we don't just reach audiences; we captivate them. Learn more about our revolutionary services at https://glazersmedia.com.

Media Contact

Vito Glazers

+1 323-397-9200

vito@glazersmedia.com

Out of home (OOH) advertising revenue increased 3.4% in the second quarter of 2024 compared to the previous year, accounting for $2.78 billion, based on figures released by the Out of Home Advertising Association of America (OAAA). This marks the highest quarterly volume ever for OOH, propelling first-half growth to a 4.8% increase.

"Out of home’s record ad spend generation is a testimony to its effectiveness. Our position as a highly relevant consumer medium is reflected across the board, but particularly in the political arena," said Anna Bager, President and CEO, OAAA. "Political ad spend in OOH is at the highest levels ever because of our ability to deliver location-based targeting, and OOH’s resonance with younger and multicultural audiences. U.S. House and Senate OOH campaign spending in the first half of 2024 has quadrupled from 2020 and is up 70% from 2022."

The report offers a deep dive into trends and growth areas for the channel, including the below findings.

Digital OOH Key Growth Driver

Digital OOH, which accounted for 34% of quarterly sales, increased 7.5% from a year ago.

OOH Growth Across Industries Positive Economic Indicator

The Transit category generated the greatest growth against the second quarter of 2023, increasing by 13.7%.

Seven of the top 10 product industries increased in quarterly volume led by Automotive Dealers and Services (+17.8%), Retail (+14.8%), Local Services & Amusements (+10.1%), Insurance and Real Estate (+8.1%), Public Transportation, Hotels & Resorts (+4.4%); Schools, Camps, & Seminars (+2.1%), and Restaurants (+1.3%), reflecting the overall broad strength of the economy.

The top 10 OOH product categories in volume for the second quarter were:

• Legal Services
• Hospitals, Clinics & Medical Centers
• Domestic Hotels & Resorts
• Quick Serve Restaurants
• Colleges & Universities
• Consumer Banking 
• Local Government
• Online & Mobile Travel Services
• Chain Food Stores & Supermarkets
• Television & Cable TV Programming

Online and Mobile Travel Services spending increased by 78%, while spending in the Computer Software category, which placed twelfth in OOH volume, jumped 46%.

Top Brands Increasing Spend

Ranked in order of OOH spending, the top 10 advertisers in the second quarter were Hotels.com, Apple, McDonald’s, Verizon, Coca-Cola, Morgan & Morgan Attorneys, Amazon, Disney, Expedia and Universal Pictures.

Among the top 100 OOH advertisers, two-thirds increased their OOH spend from Q2 2023, and 14 more than doubled their spend including (listed by spend % increase): Ramp, Molson Coors, Ford, QuikTrip, Honda, StackAdapt, FanDuel, Sixt Rent the Car, Skechers, 7-Eleven, Hotels.com, Pepsi, Progressive, Total Wine & More.

Technology and DTC Brand Adoption

One-quarter of the top 100 OOH spenders were technology or direct-to-consumer brands, including these twelve brands which finished among the top 25 (according to spend): Hotels.com, Apple, Verizon, Amazon, Expedia, Google, VRBO, T-Mobile, Netflix, Uber, Samsung, and StackAdapt.

OAAA issues full industry pro forma revenue estimates that include, but are not limited to, Miller Kaplan and MediaRadar/Vivvix (which is not adjusted to reflect changes in data sources), and member company affidavits. Revenue estimates include digital and static billboard, street furniture, transit, place-based, and cinema advertising.

For more information about specific category spend, please contact Steve Nicklin at snicklin@oaaa.org or (202) 833-5566.

About the Out of Home Advertising Association of America (OAAA)

The Out of Home Advertising Association of America (OAAA) is the national trade association for the entire out of home (OOH) advertising industry. OAAA represents over 850 members, including leading media companies, advertisers, agencies, ad-tech providers, and suppliers. OOH media includes billboards, street furniture, transit, place-based media, and digital formats (DOOH) across every sector of the channel. OAAA is the unifying voice for the industry, the authoritative thought leader, and the passionate advocate for advancing OOH advertising in the United States. The legislative unit of OAAA advocates for the responsible growth of OOH with federal, state, and local governments. OAAA-member media companies donate over $500 million annually in public service advertising. Founded in 1891, OAAA is headquartered in Washington, DC, with offices in New York City. For more information, visit https://oaaa.org.

AlgoDx, a leading medical AI company with EU and UK-approved ML-based software for sepsis prediction in commercial use, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its sepsis detection software using a proprietary algorithm, NAVOY CDS®. This milestone marks a major step forward in AlgoDx’s expansion into the U.S. market.

NAVOY CDS® is a software as a medical device (SaMD) designed to support clinicians in identifying sepsis in hospitalized patients, including the emergency department. By leveraging routinely collected vital parameters, the software analyzes patient data to provide early warnings of sepsis, a life-threatening condition, enabling healthcare providers to initiate timely interventions.

"Receiving FDA clearance for NAVOY CDS® is a testament to our team’s dedication and expertise in developing cutting-edge medical device software for healthcare," said Andreas Macura, Chief Product Officer at AlgoDx. "We believe that NAVOY CDS® has the potential to significantly improve patient outcomes by enabling earlier detection and treatment of sepsis."

Dr. Enrico Petrillo, Director of International Research and Strategic Initiatives at Brigham and Women’s Hospital, Faculty Lecturer at Harvard Medical School, Executive Director at Network Medicine Alliance and Institute, and board chairman at AlgoDx, added, "This FDA clearance is a pivotal moment for AlgoDx as we expand our presence in the U.S. It validates our commitment to developing innovative technologies that address critical healthcare challenges. We look forward to bringing NAVOY CDS® to health systems nationwide."

Sepsis is the leading cause of in-hospital mortality worldwide, accounting for approximately 35% of all hospital deaths. Sepsis is a life-threatening condition caused by an extreme immune system response to an infection. It is a medical emergency that can lead to organ failure and death. Early detection and treatment are crucial for improving a patient’s chance of surviving sepsis. AlgoDx’s solutions offer the potential to improve sepsis care by providing healthcare providers with a powerful tool to identify patients at risk in the emergency department as well as other hospital wards.

About AlgoDx

AlgoDx is a digital health company that enables physicians and healthcare providers to use data-driven solutions to deliver better patient outcomes and reduce costs. Recognized as one of the best startups in Sweden, AlgoDx is committed to developing innovative decision-support tools for critical care that use artificial intelligence and machine learning to provide insights for predicting acute complications. AlgoDx's main offering, NAVOY®, focuses on sepsis, a medical condition with high mortality rates and significant financial and social impact. For more information, visit https://algodx.com.

Media Contact

David Becedas

david.becedas@algodx.com

On August 16, hosted by the Center for International Cultural Communication (CICC) and guided by China International Communications Group (CICG), the launch ceremony of Chinese Tea Global Communication Program: "Tea for a Harmonious World" was held in Beijing. Themed "Preserving and Promoting Tea Culture, Sharing and Learning for Global Good," the event launched the Chinese Tea Global Communication Proposal. The goal is to comprehensively enhance the effectiveness of international communication of tea culture, substantially enhance the global brand value of Chinese tea, and highlight it as a key cultural symbol of China.

Guests emphasized that tea, a globally influential healthy beverage, transcends history and borders, building bridges for trade and cultural exchanges. It promotes mutual learning and win-win cooperation among different civilizations. This event provided valuable discussions on promoting the high-quality development of the tea industry and continuously enriching the cultural connotations of tea. It also explored new opportunities to unite industry forces. Moving forward, the hope is to gather resources from within and outside the tea industry to a greater extent, establish long-term mechanisms, support the internationalization of the tea industry, enhance tea brands, and advance tea culture exchanges between China and other countries. It is believed that this event will provide an important opportunity and platform to further consolidate international consensus, strengthen multilateral cooperation, and promote the healthy, stable, and sustainable development of the tea industry.

At the event, Forbes China announced the results of the 2024 Forbes China Tea Industry Selection in four categories: 23 teas, including Anhua Dark Tea, Anxi Tieguanyin Tea, Fuliang Tea, Jietan Tea, and Keemun Black Tea, were selected as "Regional Public Brands of the Year." Fifteen companies, including BAMA TEA, Beijing Zhang Yi Yuan Tea Co., Ltd., Fujian Pinpinxiang Tea Industry Co., Ltd., HUNAN TEA GROUP COMPANY LIMITED, Empereur Tea Co., Ltd., Liumiao White Tea Co., Ltd., Menghai Chen Sheng Tea Co., Ltd., SICHUAN TEA GROUP, Sichuan Emei-shan Zhuyeqing Tea Co., Ltd., Tenfu Group Co., Ltd., TAETEA GROUP, and China Tea Co., Ltd., were named "Enterprises of the Year."

In addition, six companies, including Anhui Qimen Black Tea Industrial Group Co., Ltd., Fujian White Master Tea Co., Ltd., Fujian Ruiquan Tea Industry Co., Ltd., Riantea Ltd., and Yunnan Xiaguan Tuocha(Group)Co., Ltd., were selected as "High-Potential Enterprises of the Year." Products such as State Guest Tea (Empereur Tea Co., Ltd.), Jin Guan Tuo Cha [Yunnan Xiaguan Tuocha (Group) Co., Ltd.], Your Lipstick (Anhui Qimen Black Tea Industrial Group Co., Ltd.), Anxi Tieguanyin · Saizhenzhu (BAMA TEA), Shine White (Fujian Pinpinxiang Tea Industry Co., Ltd.), and Zhuyeqing Tea (Sichuan Emei-shan Zhuyeqing Tea Co., Ltd.) were named "Influential Products of the Year."

During the event, speeches were delivered by leaders and guests, including Du Zhanyuan, President of China International Communications Group (CICG), Liu Zhonghua, Member of the Chinese Academy of Engineering, Long Zhuangwei, Vice Chairman of of the Committee for Agriculture and Rural Affairs, Guang Defu, Ambassador and Permanent Representative of China to FAO, Poornima Gunasekera, Minister and Deputy Chief of Mission of the Embassy of Sri Lanka in China, Zhang Zhongcan, Vice President of China International Tea Culture Institute, and Xu Shaogang, Academic Dean of the Academy of Chinese Culture. Over 300 people attended the event, including renowned cultural scholar Yu Dan, famous performing artist Zhu Shimao, M. Elmoussaoui Moulayzaine, Minister Counsellor of the Embassy of the Kingdom of Morocco in China, Khawla Alaleeli, Media Specialist of the Media Affairs and Public Diplomacy Office at the UAE Embassy in China, leaders from various regional tea brands in China, executives of tea enterprises, and domestic and international media reporters stationed in China.

About the Center for International Cultural Communication (CICC)

Founded in 2021, the Center for International Cultural Communication (CICC) aims to promote international communication of the Chinese culture, advances cultural and people-to-people exchanges between China and other countries, and organizes and implements major cultural projects and cultural communication programs. For more information, visit https://www.heychinaculture.com.

About China International Communications Group (CICG)

Since its founding in 1949, China International Communications Group (CICG) has been introducing China's development to the world and promoting international exchanges. CICG is composed of 21 subsidiaries, administers two national associations and has 26 overseas branches in 14 countries and regions. Annually, it publishes some 3,000 books and periodicals in over 40 languages. Its publications are distributed in more than 180 countries and regions, and its online audience spans the whole globe. To learn more, visit http://www.cicgcorp.com.

Media Contact

Jiang Hui

+86 10 6899 6113

jianghui@cipg.org.cn

Los Angeles-based Forte Speech & Language Therapy is pleased to announce the completion of a new website to more effectively communicate with clients.

The company, founded in 2023 by speech-language pathologists (SLP) Shawn Krumholz and Kylie Puckett, specializes in speech therapy services for both adults and children in Greater Los Angeles. In particular, the company offers both speech teletherapy and mobile speech therapy, which offers clients greater convenience and accessibility to their services.

"It's hard to make it to a session at a clinic," says Puckett. "Everyone has busy lives, and expecting people to drive halfway across the city to go see a speech therapist just isn't doable all the time."

In home speech therapy sessions have been shown in some cases to be more effective than those done in clinic. This is especially true for autistic children or children with anxiety disorders. In these cases, a child in their own surroundings helps put them at greater ease. Since one of Forte Speech & Language Therapy's areas of clinical focus is on speech therapy for autistic children, their in-home therapeutic approach can help attain greater clinical results.

Some may wonder, however, whether speech teletherapy is effective compared to in person speech therapy. However, multiple research studies have found treatment outcomes in general for teletherapy to be similar to in clinic therapy. In some cases, however, they can be more effective. This is the case for speech therapy for autistic children, for the same reasons mentioned above. It's also true for treatment for selective mutism, a speech related anxiety disorder.

These topics, and many others, are covered at length on Forte Speech & Language Therapy's new website. In particular, the company maintains an ongoing monthly blog covering a variety of topics related to speech therapy.

"There are just so many misconceptions about what SLPs do," says Krumholz. "When people think of speech therapy they often just think about stuttering, but there's so much more to it than that."

Those interested in contacting Forte Speech & Language Therapy may do so through their website at https://www.fortespeech.com, or through their Google business page.

About Forte Speech & Language Therapy

Forte Speech & Language Therapy provides comprehensive speech therapy services for children and adults. The center addresses various speech and language challenges with a team of highly skilled therapists, offering personalized therapy to enhance communication abilities. Forte excels in creating and implementing Individualized Education Plans (IEPs) and provides robust advocacy support to ensure clients receive necessary services in educational settings. By fostering a holistic and supportive environment, Forte Speech & Language Therapy is dedicated to delivering exceptional outcomes and improving the quality of life for its clients. To learn more, visit https://www.fortespeech.com.

Media Contact

Shawn Krumholz

+1 818-208-0027

hello@fortespeech.com

The Global Kratom Coalition (GKC) expresses deep disappointment with the recent decision by the California Senate Appropriations Committee to place Assembly Bill 2365 (AB 2365), introduced by Assemblymember Matthew Haney, into the suspense file. AB 2365, which aimed to establish regulatory standards for kratom products in California, stalled during the Senate's suspense file process.

Kratom, derived from the leaves of the tropical evergreen tree Mitragyna speciosa, has been used for generations in Southeast Asia for its mood-boosting and energy-enhancing properties. In the United States, nearly 24 million consumers have benefitted from kratom, and state-level regulation is crucial to ensuring the safety and accessibility of kratom products.

"Under the leadership of bill author Assemblymember Matthew Haney, AB 2365 represented a significant step toward establishing consistent standards for kratom products in the U.S. The bill would have ensured that consumers in California had access to safe, regulated kratom, while preventing the sale of adulterated products," said Matthew Lowe, Executive Director of the GKC. "We remain committed to advocating for this legislation, as it benefits Californians and serves as a model for other states."

The GKC supports state-level enactment of the Kratom Consumer Protection Act (KCPA) across the U.S. However, the GKC recognizes the need for even stronger regulatory measures than those currently in place to ensure consumer safety and informed use of kratom products. In the current marketplace, ‌a light-touch regulatory approach is not working. The GKC's recent efforts, including pushing for amendments to Oklahoma’s KCPA and introducing AB 2365 in California, underscore the coalition's commitment to comprehensive and effective kratom regulation.

AB 2365 sought to define and regulate kratom products, including leaf kratom and kratom extracts. The bill proposed clear standards for packaging, labeling, and testing protocols, while also addressing issues such as the sale of synthetic derivatives, age restrictions, and advisories for consulting healthcare professionals before use.

"We understand that this is a process," said Lowe. "Stakeholder education and buy-in is essential to ensuring consumer protection is balanced with protecting consumer choice and access to kratom in California. We are confident that as more Californians understand the issues and weigh in, their stories and quantifiable facts will win the day.  We will have kratom regulations in California that truly address the need for safe, accessible and regulated kratom products."

GKC is focused on the path forward in California and other states.

The GKC is also determined to address and dispel inaccurate information regarding the cost of implementing AB 2365. Contrary to critics' claims, the bill called for producers to pay tiered registration fees based on the number of units produced and total annual sales in California, which would allow for lower fees for small to medium-sized companies. 

"Ultimately, the merits of a consumer protection bill should be assessed based on how the provisions in the bill inform and protect consumers, rather than the cost to the industry," said Lowe in a recent Los Angeles Times article. "We will continue to fight for regulation that works."

The GKC also emphasizes the need to limit the amount of 7-hydroxymitragynine (7OH) in kratom products to less than 1% of total alkaloids, aligning with natural levels found in kratom leaves. The GKC strongly opposes recent attempts to increase the limit of 7OH in a kratom product to 2% by dry weight. This proposed amendment is not a modest change as suggested, and would allow for the proliferation of 7OH isolate products that pose significant public health risks. These suggested amendments are misleading, disingenuous and do not serve the pursuit of consumer protection.

Moving forward, the GKC will continue to advocate for safe and responsible kratom use, including supporting ongoing research into kratom's benefits and risks. Through $500,000 in unrestricted funding, the GKC has supported the University of Florida's research into kratom, which underscores the coalition's commitment to science-based advocacy.

As the kratom market continues to evolve, the GKC remains the driving force behind efforts to implement regulations that prioritize consumer safety and ensure the integrity of kratom products.

About the Global Kratom Coalition

The Global Kratom Coalition (GKC) exists to protect and expand access to leaf-based kratom around the world. The organization represents the interests of advocates committed to positive change benefiting consumers. The organization supports education and the development of kratom science, which is central to the GKC’s mission—to empower individuals worldwide with access to safe and responsibly sourced kratom products by advancing scientific research and sensible regulation.

The GKC operates on five key values:

• Access: The belief that individuals should have a choice as to how they look after their health, informed by the latest unbiased information available.
• Education: Providing accurate, evidence-based information about kratom (including on our website), allowing consumers to make informed decisions.
• Advocacy: Serving as a united voice for kratom consumers worldwide, seeking fair and sensible regulations that prioritize consumer safety, freedom of information, and good sourcing and manufacturing practices.
• Community: Fostering a global group of enthusiasts, experts, vendors, and advocates to promote the benefits of kratom and fight for informed and responsible use.
• Responsibility: Promoting the responsible use of kratom and encouraging vendors to adhere to strict quality and safety standards so that consumers have access to safe, well-manufactured, and appropriately labeled products.

Please follow us at:

Website: https://globalkratomcoalition.org

Twitter: @kratomcoalition 

Facebook: https://www.facebook.com/globalkratomcoalition

Instagram: https://www.instagram.com/globalkratomcoalition

Media Contact

Byron Johnson

+1 202-680-8129

bjohnson@globalkratomcoalition.org

Since 1995, the Fixed Income Analysts Society (FIASI) has recognized leaders and pioneers who have transformed capital markets and provided enduring legacies with a formal celebration of their accomplishments. This unique gala serves multiple purposes for the investment community by assembling past, present and future generations and celebrating the outstanding contributions of a select few. We are pleased to announce this year’s Fixed Income “Hall of Fame” honorees:

• Chris Gootkind, Co-Director of credit research at Loomis, Sayles & Company
• Ed Hyman, Chairman of Evercore ISI and Vice Chairman of Evercore
• Michael Milken, Chairman of The Milken Institute

These three professionals have distinguished themselves consistently for decades by providing exemplary service to their clients, firms, colleagues and communities. Consequently, their legacies for the industry and future generations of investors are expected to be long lasting.

FIASI employs a rigorous process to evaluate numerous qualified candidates for this prestigious award. As part of our vetting process, past FIASI Hall of Fame recipients and previous FIASI Presidents review a broad range of market participants and researchers. The FIASI Board further reviews candidate accomplishments, legacy and community contributions before selecting its honorees.

According to Erin Lyons, President of FIASI, “extensive deliberations by our Advisory Committee led to the selection of three very deserving Hall of Fame honorees. These three individuals have made long lasting contributions to the capital markets and thousands of people working therein.”

FIASI’s annual Hall of Fame gala provides a festive venue for market participants to recognize our industry’s leading executives. The 2024 celebration will be held on October 30th at the Union League Club in New York City. Those interested in recognizing the achievements of Mr. Gootkind, Mr. Hyman, and Mr. Milken by purchasing a table, attending the gala or placing a congratulatory advert in the event brochure should contact one of the FIASI representatives listed below.

• Jessica Broughton, FIASI Hall of Fame Chair Jessica.broughton@fiasi.org  
• Erin Lyons, FIASI President Erin.lyons@fiasi.org
• Lauren Nauser, FIASI Executive Director nauser@fiasi.org

FOLLOW US: #FIASI_HOF, #FIASI

About Fixed Income Analysts Society (FIASI)

The Fixed Income Analysts Society (FIASI), based in New York, is a not-for-profit professional society focused on providing education and networking opportunities to the fixed income community. Since our inception over four decades ago, we have stood as a beacon of knowledge and collaboration for individuals involved in the fixed income realm. Our vision is to encompass a wide range of professionals from various disciplines and sectors, including buy side, sell side, intermediaries, quants, academics, and those specializing in credit, rates, economics, securitized products, foreign exchange, emerging markets, municipal finance, and commodities. To learn more about our mission, membership benefits, and upcoming events, please visit our website at fiasi.org.

Tacilent.ai, a cutting-edge artificial intelligence company, today announced the launch of RESSETT, the world's first AI Strategic Advisor Platform. This groundbreaking solution aims to empower organizations to navigate 21st-century challenges with clean data, responsible AI, and strategic insights.

At the heart of RESSETT is "Oli," Tacilent's proprietary Strategic AI Agent Advisor. Oli leverages 100 frameworks and regulations across 8 modules, covering critical areas such as Risk, Security, Technology, Operations, Finance, and Global strategies. This comprehensive approach enables businesses to develop actionable strategies and implementation plans for sustained growth.

"In today's fast-paced business environment, organizations need more than just data – they need actionable intelligence and strategic guidance," said Ron H.R. Johnson, CEO of Tacilent.ai. "With RESSETT and Oli, we're providing a 24/7 advisor capable of handling complex challenges and crises, while offering predictive analytics and modeling to stay ahead of potential disruptions."

Key features of Tacilent.ai's offerings include:

• Proactive Problem Solving: Predictive analytics to identify challenges before they impact organizations.
  
  
• Improved Operational Efficiency: Streamlined processes and better resource management through a single platform solution.
  
  
• Enhanced Strategic Planning: Leveraging Oli, the Nerd Herd Global Expert Network, and White Buffalo Advisory service for infinite expertise.
  
  
• National Security Level Data: Ensuring the highest quality of data collection, harvesting, and validation.
  
  
• Thera: Small language models for industry-specific applications.

Tacilent.ai's team comprises Ivy League graduates, Fortune 50 executives, and national security veterans, bringing unparalleled expertise to its AI-driven solutions. The company's offerings are backed by rigorous validation processes, ensuring sustained success for its clients.

For organizations looking to transform their strategic planning and decision-making processes, Tacilent.ai offers a free consultation to explore how RESSETT and Oli can drive growth and efficiency.

For more information, visit www.tacilent.ai or contact us at 770-727-3372 or info@tacilent.ai.

About Tacilent.ai

Tacilent.ai is a leading provider of AI-powered strategic advisory solutions, dedicated to empowering organizations with clean data, responsible AI, and actionable insights. With a focus on national security-grade data quality and a team of industry experts, Tacilent.ai is revolutionizing how businesses approach complex challenges and strategic planning. For more information, visit www.tacilent.ai.

Media Contact

Ron Johnson

+1 678-221-4241

info@tacilent.ai

The Kava Coalition, representing the interests of kava producers, advocates, scientists and consumers around the world, welcomes a landmark decision by the German court on June 18, 2024, removing arguments for long-standing restrictions imposed by BfArM (the Federal Institute for Drugs and Medical Devices) on the marketing of kava as a pharmaceutical in Germany. This decision marks the end of over two decades of impediments that had prevented kava's reintroduction into the German market.

BfArM, Europe's largest drug approval authority, had maintained barriers to kava based on outdated and contested scientific grounds, effectively stalling meaningful discussions and consumer access. Recent developments have vindicated long-standing objections raised by kava advocates, highlighting discrepancies in BfArM's handling of kava extracts and the unjust use of "tudei" kava varieties in their assessments.

“The court's decision to overturn BfArM's objections is a clear recognition of insubstantial evidence backing their arguments,” said Matthew Lowe, Executive Director of the Kava Coalition. “Germany, and other European countries, should remove illegitimate barriers to kava and make it legal, regulated, and safe for consumers.”

The recent pivot marks a significant milestone for kava legalization in Germany after a long journey. Documented original cases from Switzerland, upon which BfArM based its decisions, were attributed to an acetonic extract. Similarly, a detailed analysis of the data available for the ethanolic extracts did not conclude on risks. BfArM had been informed from the start that the quality of the plant material used in the acetonic extract was different from that used in the ethanolic extracts. It is now confirmed that a so-called "tudei" kava form, not regularly consumed in the kava-producing countries of the South Pacific due to its prolonged hangover effects, was used in the manufacture of the acetonic extract.

“The basis for BfArM's decision should not have been used,” stated German scientist Mathias Schmidt. “The evidence clearly shows that the 'tudei' kava type is not representative of the traditional kava consumed in the South Pacific, and it is inappropriate to base safety assessments on this variety.”

On Tuesday, July 23, BfArM filed its appeal against the ruling of the Administrative Court of Cologne to the Upper Administrative Court of Münster. Until a decision on the appeal is taken, the marketing authorizations for the kava products remain suspended.

“We are confident the court will drop the appeal and the marketing authorizations will be automatically reinstated to the 2019 status,” said Schmidt. “We applied for a swift treatment of the appeal. It is in the hands of the Upper Administrative Court now.”

Experience from the past 24 years vindicates the actions taken by kava advocates, as the court's intervention removes a major barrier that had prevented kava's reintroduction in Germany. The unsuitability of the argument for the refusal of post-marketing authorization is now obvious. Today, the Kava Coalition calls on German authorities to restore kava to the marketplace.

“Marketing authorization would be great news for kava, whose name has finally been cleared after over 20 years of having its reputation tarnished for no scientific reason,” said Vanuatu Deputy Prime Minister The Honorable Matai Seremaiah. “We trust that other European Union countries will also follow the same path and re-legalize kava, opening new horizons for our farmers.”

From the early 2000’s until the present day, kava advocates in Germany continually called for the courts to intervene. These advocates challenged BfArM's objections, including a new 2019 drug safety protocol and marketing objections, leading to the court’s decision to remove BfArM’s barriers.

The court in 2015 and 2024 decided on a positive benefit-to-risk ratio in the indication “nervous anxiety, stress and restlessness”, as confirmed by the monograph of the German advisory Commission E in 1990. In 2018, the court had ruled that warning labels are to be accepted, but the court did not talk about the indication and the efficacy. Even though BfArM had paved the way for a change in indication (that was then used against kava) in 2016 by having the HMPC write an Assessment Report on the lack of efficacy against generalized anxiety disorder (GAD), they only used this in official decisions in 2019. Now, in 2024, the issue was for the first time discussed in court.

“Now that BfArM’s arguments prohibiting kava have been dismissed, the next step is for the German government to lead the way in restoring a regulated but consumer-accessible kava market in Germany. With a foothold in Germany, it is all but certain that other European restrictions on kava will begin to fall,” said Lowe.

About the Kava Coalition

Kava Coalition (KC) is a global alliance of kava consumers, experts, and industry leaders committed to advancing kava education, advocacy, and choice. Through educational initiatives and community engagement, KC promotes awareness and appreciation for kava’s traditional practices and cultural significance. Simultaneously, KC advocates for modern regulation that reflects current scientific knowledge, ensuring consumer safety and product integrity.

Media Contact

Byron Johnson

+1 202-680-8129

bjohnson@kavacoalition.org

AS YOU ARE CONSULTING GROUP, a company dedicated to delivering innovative solutions, today announced the expansion of As You Are Consulting in Washington, DC. The firm specializes in sectors such as publishing, educational consultancy, interior design, and curated experiential development, with a focus on creating personalized and authentic experiences tailored to clients' unique needs.

The move to expand As You Are Consulting underscores the company's commitment to providing cutting-edge solutions in various industries. By offering tailored services that prioritize authenticity and personalization, the firm is poised to make a significant impact on the consulting landscape.

According to Ruschelle Reuben, founder and CEO of AS YOU ARE CONSULTING GROUP, "We are thrilled to announce the expansion of As You Are Consulting. This move allows us to further our mission of delivering innovative solutions that meet the individual needs of our clients, ultimately helping them achieve their goals."

Looking ahead, AS YOU ARE CONSULTING GROUP plans to continue expanding its reach in the consulting industry, with a focus on developing new partnerships and enhancing its service offerings to better serve clients.

For more information, please visit https://asyourareconsultinggroup.com.

About AS YOU ARE CONSULTING GROUP

Founded in the vibrant community of Washington, DC, AS YOU ARE CONSULTING GROUP is a pioneering consulting firm that stands at the intersection of personalized service and contemporary innovation. Our mission is rooted in the belief that every individual and organization deserves to thrive in their truest form, which is why we offer a suite of customized consulting services that span across various industries. Our approach is hands-on and client-centric, ensuring that each experience is as unique as the clients we partner with. At AS YOU ARE CONSULTING GROUP, we are not just consultants; we are collaborators in your journey towards success.

Media Contact

R.R. Shonette

+1 202-930-1532

rrshonette@gmail.com

Primary, New York’s leading early stage firm, will host its sixth NYC Summit on September 12, 2024. This invite-only event, which has been a staple since 2017, will gather 2,000 top VCs and founders for a day of networking and insightful discussions with industry leaders such as a16z's Angela Strange, Oak HC/FT's Ann Lamont, Insight's Deven Parekh, Databricks' Ion Stoica, Perplexity's Johnny Ho, Galileo's Tom Lee, and Khosla / OpenStore's Keith Rabois. Additionally, this year's summit will introduce a GP/LP track designed to empower emerging fund managers and strengthen the ecosystem.

The NYC Summit serves as a crucial platform for networking, knowledge-sharing, and fostering collaboration among the brightest minds in the venture capital and startup space. By bringing together top investors and founders, Primary continues to drive growth and global connectivity for NYC's tech community.

Looking ahead, Primary remains dedicated to nurturing the startup ecosystem in NYC and beyond, with a focus on empowering diverse voices and driving impactful change in the industry.

For more information on Primary and the upcoming NYC Summit, please visit https://primary.swoogo.com/NYCSummit2024Apply.

About Primary

Primary is New York’s leading early stage firm, with a billion in assets under management and 50 full time employees. The team commits unreasonable resources to create unfair advantages for the world’s top founders.

Primary’s Impact team outnumbers investors 2:1, and is filled with seasoned executives working alongside founders to supercharge growth and secure quality hires, early customers, and downstream investors. This team embeds with companies for 2,500 hours of high-intensity fractional leadership work, conducts 3,000 candidate interviews, maintains a pool of 5,000+ active job seekers, and hosts 250 events large and small for the NYC tech community each year.

Media Contact

Katheryn Thayer

katheryn@primary.vc

poppi, the modern soda brand revolutionizing soda for the next generation, announces today its Canada expansion, marking the first international expansion for the rapidly growing brand that has experienced triple-digit year-over-year-over-year revenue growth.

poppi combines ingredients you love, like fruit juice and apple cider vinegar, to create a deliciously refreshing, mouthwatering soda with 5 grams of sugar and 25 calories. poppi modernized the definition of soda which catapulted the brand to success since its founding in 2020 by husband and wife duo Allison and Stephen Ellsworth. Maintaining its position as the #1 soda soft drink on Amazon in the U.S., poppi is continuing to establish key retail partnerships across the U.S. and is now setting its sights north to Canada. poppi is available at major retailers across Canada, including Loblaws, Real Canadian Superstore, Metro, Save on Foods, Maxi, Safeway, and Costco. poppi is also available on key ecommerce retailers amazon.ca, instacart.ca and well.ca.

"This expansion marks a major milestone for the brand, and we’re thrilled that Canada is the starting point of our international expansion,” says poppi co-founder Allison Ellsworth. “We see immense opportunity in the Canadian market as we continue to make poppi available to as many consumers as possible. By establishing an international presence in Canada, we’re continuing to achieve our mission of revolutionizing soda for the next generation through a better-for-you soda alternative.”

Consumers can purchase four poppi flavours: Strawberry Lemon, Orange, Classic Cola, and Doc Pop with additional flavors launching in the coming months.

Poppi offers consumers a full-flavoured, deliciously refreshing modern soda that gives people the freedom to love soda again. Poppi’s brand-first approach, cultural cache, and rapid growth has nurtured an incredibly loyal fan base, including celeb fans like Hailey Bieber, Kylie Jenner, Alix Earle, Olivia Munn and more. Poppi is available for $3.49 CAD. For more information on poppi, visit buypoppi.ca, or follow @drinkpoppicanada on Instagram and @drinkpoppi on TikTok.

To view and download hi-res images, click here.

About poppi

poppi is a modern soda brand revolutionizing soda for the next generation. Founded by husband-and-wife duo Stephen and Allison Ellsworth, Austin, TX-based poppi combines fruit juice, apple cider vinegar, and ingredients you love to create a deliciously refreshing, mouthwatering soda with 5 grams of sugar and 25 calories. What originally started as a home-brewed concoction quickly became a farmers’ market favourite turned Shark Tank investment and is now available at major retailers across Canada. poppi's brand-first approach, cultural cache, and rapid growth has nurtured an incredibly loyal fan base, including celeb fans like Hailey Bieber, Kylie Jenner, Billie Eilish, Alix Earle, Russell Westbrook, Jennifer Lopez, Olivia Munn, and more. poppi is currently available in 4 delicious flavours in Canada: Strawberry Lemon, Orange, Classic Cola, and Doc Pop. For more information, visit buypoppi.ca, or follow @drinkpoppicanada on Instagram and @drinkpoppi on TikTok.

The Global Kratom Coalition (GKC) announces its strong support for the recent regulatory developments initiated by Indonesia’s President Joko Widodo and led by Presidential Chief of Staff Moeldoko. These efforts aim to improve the cultivation of kratom and the quality of kratom exports. This is a crucial step to improving the kratom supply chain and, ultimately, kratom product quality.  

Acting on President Widodo’s directive, Moeldoko emphasized the necessity of protecting farmers and ensuring kratom's safe, standardized export. This initiative aligns with the President’s focus on kratom's benefits while ensuring compliance with health and safety standards.

Matthew Lowe, Executive Director of the Global Kratom Coalition, stated, "The Global Kratom Coalition fully supports the regulatory developments led by Moeldoko, which will ensure the safe and responsible trading of kratom, benefiting both farmers and consumers." He added, "This initiative marks a significant step towards safeguarding kratom's economic potential while adhering to health and safety standards."

The proactive stance of the Indonesian government in regulating kratom will ensure that kratom entering export markets is uncontaminated and fit for human consumption. Lowe further commented, "Moeldoko's directive aligns perfectly with our mission to advocate for kratom's safe and responsible use, ensuring consumer safety is put first."

With over 44 million kratom trees thriving in regions like West Kalimantan, the standardization in export practices will foster a regulated market, protecting farmers and promoting responsible use globally.

The GKC commends the Indonesian government for its commitment to exploring kratom’s full potential and ensuring its development is in accordance with health and safety principles.

For more information, visit Global Kratom Coalition.

About the Global Kratom Coalition

The Global Kratom Coalition (GKC) exists to protect and expand access to leaf-based kratom around the world. The organization represents the interests of advocates committed to positive change benefiting consumers. The organization supports education and the development of kratom science, which is central to the GKC’s mission—to empower individuals worldwide with access to safe and responsibly sourced kratom products by advancing scientific research and sensible regulation.

The GKC operates on five key values:

• Access: The belief that individuals should have a choice as to how they look after their health, informed by the latest unbiased information available.
• Education: Providing accurate, evidence-based information about kratom (including on our website), allowing consumers to make informed decisions.
• Advocacy: Serving as a united voice for kratom consumers worldwide, seeking fair and sensible regulations that prioritize consumer safety, freedom of information, and good sourcing and manufacturing practices while recognizing that not all kratom is equal.
• Community: Fostering a global group of enthusiasts, experts, vendors, and advocates to promote the benefits of kratom and fight for informed and responsible use.
• Responsibility: Promoting the responsible use of kratom and encouraging vendors to adhere to strict quality and safety standards so that consumers have access to products that are safe, well-manufactured, and appropriately labeled.

Please follow us at:

Website: https://globalkratomcoalition.org

Twitter: @kratomcoalition 

Facebook: https://www.facebook.com/globalkratomcoalition

Instagram: https://www.instagram.com/globalkratomcoalition

Media Contact

Byron Johnson

+1 202-680-8129

bjohnson@globalkratomcoalition.org

Benchmark International, a leading global mergers and acquisitions firm, proudly announces the release of its 2024 Global Healthcare & Medical Industry Report. This in-depth report offers valuable insights into the current trends, challenges, and opportunities within the healthcare and medical sectors.

The 2024 Global Healthcare & Medical Industry Report highlights the significant growth and transformation these industries are experiencing. With advancements in technology, increased investment, and evolving regulatory landscapes, the report provides a comprehensive analysis of the factors driving change and the potential impact on businesses operating within these sectors.

Key highlights of the report include:

• Market Growth and Trends: An overview of the rapid growth in the healthcare and medical industries, including key market trends, emerging technologies, and areas of significant investment.
• Mergers and Acquisitions Activity: An analysis of recent M&A transactions, highlighting notable deals, and providing insights into the strategic motivations behind these acquisitions.
• Regulatory and Compliance Challenges: A detailed examination of the evolving regulatory environment and its implications for businesses, including key compliance issues and strategies to navigate them.
• Future Outlook: Predictions and projections for the future of the healthcare and medical industries, identifying potential growth areas and challenges businesses may face in the coming years.

Benchmark International is committed to delivering unparalleled expertise and insights to its clients. The release of this report underscores the firm's dedication to staying at the forefront of industry trends and providing actionable intelligence to support business growth and success.

For more information and to access the full 2024 Global Healthcare & Medical Industry Report, please visit: https://www.benchmarkintl.com/insights/featured-content/2024-global-healthcare-medical-industry-report/

About Benchmark International

Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-Side Exclusive Privately-Held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables.

Media Contact

Brittney Zoeller

+1 813-898-2350

zoeller@benchmarkintl.com

Revenue Management Solutions (RMS), a global leader in data-driven analytics and tech-enabled solutions for the restaurant industry, proudly announces its win at the 2024 Social Media, Digital & Content Marketing Awards, presented by PR Daily. For its impactful Restaurant Trend Reports, RMS took home the award in the "Use of Research/Surveys" category.

The awards ceremony, held on August 1 at the prestigious Yale Club in New York City, celebrated the hidden stars and talents behind impressive social and content marketing campaigns. Attendees gathered to honor professionals across various categories, from Best Social Media Campaign to Digital Community Engagement.

"Winning this award is a testament to our team's dedication and expertise in delivering insightful content that drives restaurant industry success," said Jana Zschieschang, RMS Chief Brand Officer. “Thousands of restaurant industry influencers access our Quick-Service Trend Report every month to gain clear and concise insights to navigate the ever-changing landscape of the restaurant business."

RMS launched its QSR Trend Reports during the pandemic, a time of rapid change for the restaurant industry. What began as a tool to condense and simplify fast-food trends has evolved into a respected source for restaurant pricing, sales and traffic referenced by clients and leading news outlets, including Reuters, The Wall Street Journal, Bloomberg and trusted restaurant trade publications.

PR Daily's Content Marketing Awards spotlight the most impactful and innovative work in the field. Brendan Gannon, Senior Marketing Manager for the Ragan/PR Daily Awards programs, praised RMS for their creative approach, noting “The winners set a new standard in content creation with exceptional storytelling and strategic insights. Their work exemplifies the power of data-driven content in capturing audience attention and driving meaningful results."

As RMS celebrates this significant achievement, it continues to lead the industry in data-driven tech solutions that empower restaurant brands to confidently navigate challenges such as inflation and labor costs.

For 30 years, Revenue Management Solutions has partnered with restaurant brands to deliver actionable insights and data-driven recommendations that boost sales, streamline costs, and maximize profitability. Their AI-powered solutions support over 100,000 locations worldwide, enabling brands to unlock the power of their data and thrive in a competitive market.

About Revenue Management Solutions

Revenue Management Solutions (RMS) partners with restaurant brands to provide data-driven solutions that drive sales, streamline costs, and enhance profitability. With AI-powered analytics, RMS supports over 100,000 locations globally, empowering brands to navigate industry challenges confidently. For more information, visit www.revenuemanage.com.

About Ragan Communications and PR Daily

Ragan Communications has been a trusted source of news, training, and intelligence for more than 50 years, serving internal and external communicators and business executives. PRDaily.com and Ragan.com are read by over 600,000 communicators monthly, providing insights and resources across various communication fields.

Media Contact

Tracy Henderson

+1 720-989-3530

tracy@centerreachcommunication.com

The American Kratom Association (AKA) applauds the announcement of the FDA’s decision to withdraw its “Proposed Collection; Comment Request: Risk/Safety Considerations and Motivations for Purchase and Use of Kratom and Psychedelics Alone and in Combination with Other Substances” originally published on August 2, 2024.

"The FDA has once again shown its clear bias against any harm reduction tool that does not fit into a new drug application model," stated Mac Haddow, Senior Fellow on Public Policy with the AKA. "This is the latest embarrassing mistake driven by a few anti-kratom staff at the FDA, and it is time for Commissioner Califf to exercise direct oversight and order the Agency to reassess its biased attacks on kratom and psychedelics."

The FDA announced its swift withdrawal of the Federal Register Notice that was originally published on August 2, 2024, in a new Notice on August 9 (https://public-inspection.federalregister.gov/2024-17793.pdf). The FDA explained that it withdrew the study because "circumstances occurred necessitating changes to the scope of the study."

"The FDA’s few anti-kratom staff are repeatedly undermining the Agency’s credibility on harm reduction strategies," Haddow continued. "The National Institutes on Drug Abuse is light years ahead of the FDA in identifying harm reduction tools, like kratom and psychedelics, that make a real difference in improving the health and well-being of those struggling with pain and mental health issues, including saving the lives of many who otherwise would lose their struggles."

"It is well past the time that Commissioner Califf should convene a stakeholder meeting with leading scientists, policy experts, and consumer advocates to determine the next best steps to protect access to safely manufactured, properly labeled, and age restricted kratom products,” concluded Haddow. "Until then, the FDA remains trapped in the web of their own making that unfairly demonizes products like kratom and psychedelics that, when properly used, are helping people who struggle with addictions and mental health issues and that are saving lives."

About American Kratom Association (AKA)

The American Kratom Association (AKA), a consumer-based non-profit organization, advocates to protect the freedom of consumers to safely consume natural kratom as a part of their personal health and well-being regimen. AKA represents the nearly 20 million Americans who consume kratom safely each year. For more information, visit www.americankratom.org.

Media Contact

Mac Haddow

+1 571-294-5978

press@americankratom.org

The M&A Advisor has announced the winners of the 15th Annual International M&A Awards, and Benchmark International is proud to have been named Investment Banking Firm of the Year (North America, Europe, & Africa).

The International M&A Awards celebrate the power of global collaboration and the pursuit of valuable opportunities and honor the remarkable achievements of experts who transcend borders to unlock exceptional value. An independent judging panel of industry experts evaluated nominations representing companies from across the world—a wide and varied group with deals valued from $10 million to tens of billions.

A comprehensive list of the winners can be viewed here.

Tyrus O’Neill, Managing Partner of Benchmark, said, “We are honored to accept this prestigious award from the M&A Advisor. This recognition is a testament to the hard work, expertise in complex global transactions, and day-to-day client dedication of our entire team. A special thank you to our clients who put their trust in Benchmark International every day. Congratulations to our team for this well-deserved award and for always maintaining such a commitment to excellence.”

The winners will be commemorated at a black-tie gala on Tuesday, September 24, during the 2024 Leadership in Dealmaking Summit in New York City. The summit features over 500 of the industry’s leading professionals participating in exclusive interactive forums, sessions, roundtables, one-on-one meetings, and a solutions provider showcase led by a faculty of M&A industry stalwarts and business media experts.

Partner with the #1 Privately-Held M&A Advisor—click here to schedule a call.

Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com

Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com

Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com

About the M&A Advisor

The M&A Advisor serves the world’s leading M&A, financing, and restructuring professionals. It was founded in 1998 to publish insights and intelligence on mergers and acquisitions. Since then, they have been serving the world’s premier M&A, turnaround, and finance professionals organization. It is the preeminent organization recognizing excellence, honoring achievement, presenting thought leadership, and facilitating connections among the world’s leading dealmaking professionals.

About Benchmark International

Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-Side Exclusive Privately-Held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables.

Media Contact

Brittney Zoeller

+1 813-898-2350

zoeller@benchmarkintl.com

Cocoon, a climate technology company enabling steel and concrete to decarbonize in tandem, today announced it has raised $5.4 million in pre-seed funding from Wireframe Ventures, Celsius Industries (fka UNTITLED), Gigascale Capital and SOSV. The investment comes as the transition toward green steel production inadvertently prevents concrete manufacturers from accessing a material necessary for their own decarbonization efforts. Cocoon is repairing a disruption in the circular economy by reconnecting the two industries through a modular system that allows both to better address the rapidly growing demand for sustainable construction worldwide. The company will use the funding to scale its engineering and science teams, accelerate commercialization efforts, and build an industrial lab and demonstrator plant in the UK.

Slag, a by-product of traditional steel manufacturing, has long been used to reduce the amount of cement that goes into concrete. Demand for slag has grown as it functions as a green alternative to cement—which accounts for 90% of concrete production emissions. As the steel industry shifts from using fossil fuel-burning blast furnaces to electric arc furnaces, an unexpected problem has arisen. The new e-slag from electric furnaces cannot be used as a cement substitute, leading to critical shortages of a material concrete manufacturers rely on to reduce their carbon footprint. According to the United States Geological Survey, these shortages have increased the price-per-ton of slag in the U.S. by 100% since 2017.  

Cocoon takes the by-product of steel produced by electrified furnaces—which already accounts for 70% of the steel made in the US—and turns it into a near-identical replacement for blast furnace slag. Its modular technology—the size of a shipping container unit—is highly scalable and elegantly integrates into the end of existing steel-making processes without operational disruption, high capital expenditure, or safety compromises. Targeting a 50% replacement of the cement in concrete, producers using Cocoon’s material can meaningfully  reduce their emissions in the near term while the industry develops and standardizes alternatives to cement.

"We’re turning a by-product with little use into a valuable product that the market badly needs and can be easily integrated into existing supply chains," said Eliot Brooks, co-founder and CEO of Cocoon. "By repairing a broken link in the circular economy, Cocoon provides steel makers with a new revenue stream while meeting the low-carbon material needs of the concrete industry. Connecting these two industries allows builders to construct critical infrastructure while reducing emissions; for every ton of Cocoon’s slag-based cementitious material used, one ton of CO2 can be avoided."

The need for environmentally-friendly steel and concrete has never been greater. According to the World Economic Forum, the pace of building—driven by rapid urban population growth and the need for new infrastructure—is expected to grow over the next 40 years to the equivalent of constructing a new New York City every month. Steel and concrete, essential for these projects, already contribute a staggering 14.5% of global CO2 emissions, a figure that could balloon without intervention.

"Cocoon is a perfect example of how narrowing in on a seemingly niche problem creates opportunities to deliver a cheaper, better product with meaningful climate impact," said Mike Schroepfer, Partner at Gigascale Capital. "Global construction cannot halt for 20–30 years until green building materials are available at scale. Cocoon can put a unit in every electric steel plant in the next 10 years, bridging the gap between humanity’s growing infrastructure needs with the time required to develop new materials."

"Reducing the carbon intensity of the cement industry is imperative to meeting our climate goals, and will require a portfolio approach," said Lily Bernicker, Principal at Wireframe and incoming board member. "This sort of immediate progress can only come from a company like Cocoon. Their innovative technology takes advantage of existing feedstocks, workflows and supply chains to enable rapid scale up of low-carbon cement, all while increasing the profitability of sustainable steel operations."

"Cocoon is killing two birds—decarbonizing steel and cement—with one stone, upcycling a waste product into a high-value industrial input," said Michele Tarawneh, Partner at Celsius Industries. "This near-term, compelling business case to industrial partners is a key pillar for climate technology companies to get to first-of-a-kind (FOAK) project finance faster, and in turn accelerate the roll-out of mission critical climate infrastructure solutions like Cocoon’s."

Cocoon’s co-founders came together less than 15 months ago and have already delivered a minimum viable product (MVP) at lab scale. They're collaborating with a number of cement manufacturers to validate their slag-based cementitious material and will complete construction of a demo with a UK steel plant by the end of 2024, supported in part by $1 million in grants from Innovate UK. The company’s rapid pace of development is driven by a team with highly complementary skills, reflecting how decarbonizing the interconnected industries of steel and concrete in sync can accelerate progress in both.

About Cocoon

Cocoon enables builders of tomorrow to construct sustainably. Its modular technology turns the by-product of green steel into a low-emissions substitute for cement making it possible for the steel and concrete industries to decarbonize faster together. Led by co-founders Eliot Brooks, Will Knapp, and Freddie Scott, the London-based company combines expertise in geology, engineering, and materials science. For more information, visit www.cocooncarbon.com.

Media Contact

Eliot Brooks

+44 7742 448295

eliot.brooks@cocooncarbon.com

VNV Media, a company that specializes in multimedia content creation, today announced the debut of "To Glyko...Dekalepto" Show on SDW Radio and Spotify. Hosted by journalist Vassilios Nicolaos Vitsilogiannis and pastry chef Kyriaki Andreadi, this 10-minute program aims to educate listeners on the art of pastry-making, helping them improve their baking skills.

The launch of "To Glyko...Dekalepto" on SDW Radio and Spotify marks a significant milestone for VNV Media, as it expands its reach into the culinary world. By providing valuable insights and tips from industry experts, the show aims to engage with a diverse audience interested in learning more about the craft of pastry.

In the future, VNV Media plans to continue producing innovative and informative content across various platforms, catering to the interests and needs of its audience. With a focus on quality and relevance, the company aims to establish itself as a leader in the media industry.

For more information on VNV Media and the "To Glyko...Dekalepto" Show, please visit:  https://shorturl.at/lR4HN

About VNV Media

Based in Dubai, VNV Media is a leading provider of comprehensive media services. Our expertise spans across a multitude of platforms, designed to meet the diverse needs of our clientele. At the heart of our operations is a commitment to professionalism, ensuring every project we undertake is executed with the highest level of quality. With a vision to make our customers known, VNV Media strives to create impactful narratives that resonate with audiences of all ages. For more information about VNV Media and our services, please contact us at vnvmagazines@gmail.com.

Media Contact

Vassilios Vitsilogiannis

+30 694 803 1894

vassilios_vitsilogiannis@hotmail.com