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StartOut and J.P. Morgan Welcome 10th Growth Lab Accelerator Cohort
StartOut and J.P. Morgan announced the ten companies selected to participate in the StartOut Growth Lab accelerator program. StartOut, the nation’s largest nonprofit organization supporting LGBTQ+ entrepreneurs, launched Growth Lab in 2017 with five participating businesses. Since then, the program has helped 56 early-stage companies raise more than $756 million in funding and create nearly 3,650 new jobs, and counting. As the Steel-level Supporting Partner of StartOut and co-lead sponsor of Growth Lab, J.P. Morgan is proud to help launch Cohort 10 and continue to empower LGBTQ+ business owners nationwide.
CSI Reports Record Revenues and Net Income for First Quarter
CSI revenues rose 5.7% to a record $81.0 million for the first quarter of fiscal 2023 compared with $76.7 million for the first quarter of fiscal 2022. First quarter net income rose 2.3% to a record $14.7 million compared with $14.4 million for the first quarter of fiscal 2022. Net income per share rose 3.8% to $0.54 compared with $0.52 for the first quarter of fiscal 2022.
Newegg Eighth Annual FantasTech Sale Offers Deals on the Most Desired Tech Products
Newegg Commerce, Inc a leading global technology e-commerce retailer, today launched its eighth annual FantasTech Sale, a yearly event spotlighting deep savings on PC components, gaming PC systems, in-demand tech products, consumer electronics and entertainment tech products. The official 2022 FantasTech Sale runs through July 15.
Aurus Acquires Crypto Trading License and Establishes HQ in Dubai Continuing Its Global Expansion
Aurus, the decentralized precious metals tokenization platform launches its new headquarters in Dubai’s DMCC Crypto Center, introduces its new Board of Directors, and acquires a cryptocurrency trading license. Aurus’ open-ended blockchain ecosystem enables the tokenization of gold, silver, and platinum in a decentralized and sustainable manner.
Payments and top-up Platform UnDosTres raises US$30 million to Develop new Financial Products
UnDosTres, the Mexican fintech leader in airtime top-ups, service payments and entertainment purchases, has announced the closing of a Series B investment round led by IDC Ventures for US$30 million. New investors such as Telegraph Hill Capital, AI8 Ventures and Benber LP have participated in the transaction, as have some of the company’s existing investors such as IGNIA and Dalus Capital. This is the third round of investment the company has received since its founding in 2015.
