Blackstone is strategically pushing into the data center industry by expanding its operations in the Asia-Pacific region.
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knownwell, a weight-inclusive primary care and metabolic health company, has successfully raised $20 million in a Series A funding round led by a16z, with participation from existing investors including Flare Capital Partners. The funding is to expand its unique, weight-inclusive care model for teens and destigmatize obesity treatment.
The global obesity therapeutic market is projected to reach $100 billion by 2030, with U.S. obesity-related healthcare costs nearing $173 billion annually. knownwell's model provides a cost-effective, AI-powered solution, aiming to address the issue of obesity among the 14 million children and teens living in the U.S.
“Patients with overweight and obesity know how hard it is to find comprehensive, insurance-based, non-stigmatizing and clinically-based healthcare. knownwell exists to be a healthcare home to patients who have been stigmatized for too long by the healthcare system because of their size,” said Brooke Boyarsky-Pratt, CEO and Co-Founder of knownwell.
With the new funding, knownwell aims to expand its enterprise solution to collaborate with health systems, payors, and employers. The company plans to enhance its telehealth services and brick-and-mortar clinics, enabling wider access to weight-inclusive care. Product development, including the incorporation of AI-powered patient stratification, asynchronous communication, and provider workflow tools, is a key focus.
knownwell is partnering with major pharmaceutical companies to conduct and participate in clinical trials. The company emphasizes evidence-based and high-value obesity medicine to address the significant healthcare challenges posed by obesity from both clinical and cost perspectives.
Founded by Brooke Boyarsky Pratt, who has experienced lifelong obesity, and Dr. Angela Fitch, the President of the Obesity Medicine Association, knownwell focuses on a long-term, holistic approach that challenges the industry's reliance on quick-fix treatments like GLP-1 drugs.
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Polychain Capital and Tribe Capital lead a $3.5 million seed round for Wynd Network, the developer behind Grass, a decentralized web scraping network powering AI models.
Wynd Network's approach addresses challenges faced by web scrapers, presenting a solution for industries relying on legitimate and unbiased data. Grass is a browser extension that utilizes individuals' unused internet bandwidth for web scraping, rewarding users with Grass Points. Wynd sells the scraped datasets to companies, particularly AI developers, showcasing a unique application of blockchain technology in AI development.
"Grass showcases the power of blockchain in enhancing AI development, unlocking new possibilities for training models with legitimate data," says Chris Nguyen, CTO of Wynd Network.
Wynd Network aims to collaborate with open source-focused AI companies, exploring broader applications beyond AI, with potential discussions about a future token.
Despite challenges in the web scraping landscape, Grass's model showcases resilience and adaptability, raising questions about the future role of individuals in data-driven technologies.
Wynd's innovative approach challenges assumptions about the limitations of blockchain in handling massive AI datasets, demonstrating the potential for efficient cryptographic solutions.
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OneGold, a joint venture by APMEX and Sprott, is modernizing precious metal investments with its digital platform, offering a modernized approach to gold, silver, and platinum investments.
OneGold allows investors to convert their digital assets back into physical gold or silver, bridging the gap between virtual and real investments and offering a full-circle investment experience. The platform offers real-time market data, diverse product options, secure storage, and various payment methods.
OneGold's appeal isn't just in digital convenience; it's the combining tangible security of physical metals with the efficiency of digital transactions. This dual advantage positions OneGold in the market, especially when compared to traditional physical holdings or metal ETFs.
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