NEM Ventures News
8 articles
Dave Hodgson, CIO for NEM Group & Managing Director of NEM Ventures - Interview Series
The article discusses the involvement of Dave, the Chief Investment Officer of NEM Group and Managing Director of NEM Ventures, in the blockchain and cryptocurrency industry. It provides an overview of the NEM blockchain and its differentiation from other public blockchains. NEM Ventures, the venture capital arm of NEM, focuses on investing in companies that build on NEM technology or expand the NEM ecosystem. The article also highlights Symbol, a hybrid blockchain built for enterprises, and its features that make it attractive for businesses. It mentions the launch of security tokens for the Bourbon Fund on the Symbol blockchain. Additionally, it discusses the LBCOIN project, an initiative by the Lithuanian Central Bank, and the upcoming NEM Ignite incubator program. The biggest impediments to the growth of digital securities are identified as regulation and infrastructure.
PartnersInvestment
"Timing and a bit of luck", with David Mansell of NEM Ventures
NEM Ventures Will Launch NEM Ignite Incubator Program
NEM Ventures has launched its NEM Ignite Incubator Program, which aims to provide mentoring and financial support for early-stage blockchain projects. The program will help cultivate the growth of ideas into sustainable companies that enhance the NEM ecosystem and technology adoption. Participants will have access to mentors, business planning assistance, and marketing support. The program will be delivered virtually, allowing participants from diverse locations to receive support. NEM Ventures sees the incubator as an investment in early-stage companies building on the NEM platform. The NEM Symbol launch is expected to drive major growth in the ecosystem, and NEM Ignite is one of the ways NEM supports projects in the industry.
PartnersInvestment
NEM Ventures Partners with DAIA to Support Growth Of Democratized AI - OpenBusinessCouncil Directory
NEM Ventures has joined the Decentralized AI Alliance (DAIA) to develop a system of democratized AI. The partnership will involve the development of common strategies and increased resource sharing between member organizations. NEM Ventures upcoming tech release, Symbol, will facilitate IoT and AI data interactions. The partnership aligns with NEM Ventures commitment to an open, fair, and decentralized system of technology. NEM Ventures will provide strategic capabilities to DAIA and help develop startups in the space. The alliance aims to leverage NEMs expertise in using NEM Catapult to develop Internet of Distributed Ledger Technology (IoDLT).
Partners
https://www.privateequitywire.co.uk/2019/11/22/280727/nem-ventures-invests-cyclebit
NEM Ventures Announces its First Investment in IoDLT
NEM Ventures, the funding and investments arm of the NEM blockchain ecosystem, has announced its interest in investing in IoDLT, a B2B blockchain and IoT-based startup. The investment is seen as growth-positive for NEM Ventures. IoDLTs main product is a small IoT device that connects to the NEM Catapult blockchain, allowing for secure recording of sensor-based IoT data. The company plans to launch blockchain and IoT healthcare management services next year. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event.
Partners
NEM Ventures invests in startup using blockchain and machine learning to reduce environmental footprint - TokenPost
NEM Ventures, the venture capital arm of the NEM blockchain ecosystem, has invested in Ample, a machine-learning smart meter company aiming to reduce environmental footprint using blockchain and behavioural economics. Amples app reads data from a machine-learning enabled sensor to provide users with a view of their energy consumption and uses behavioural theory to encourage more efficient behavior. The angel investment from NEM Ventures will finance pilots of Amples cap and trade economies in Shanghai. The investment is expected to help Ample reduce greenhouse gas emissions and save universities millions of dollars in energy costs.
Investment
http://www.cryptostablecoins.io/nem-ventures-backs-blockchain-enabled-ridesharing-app-mobi/