Project Canary Acquires Troposphere Monitoring

• The acquisition strengthens Project Canary’s ESG trusted data solutions for the global energy industry

• Troposphere scientists join the team in key leadership roles, further enhancing Project Canary’s technology advantage

DENVER and DALLAS and AUSTIN, Texas and HOUSTON, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Project Canary, an International Environmental Standards company and the leading provider of environmental solutions for the global energy industry, today announced it has acquired Austin-Based Troposphere Monitoring, Inc. Troposphere is a leader in hydrocarbon emissions sensor technology. This is the second acquisition Project Canary has completed in the past six months.

“Measuring emissions in real-time at well sites and facilities is not only technically possible, but it is also scientifically accurate and affordable,” said Anna Scott, Ph.D., CEO at Troposphere. “Our innovative sensor technology offers companies at all phases of the energy supply chain a cost-effective method for continuously monitoring methane and other hydrocarbons. We’re excited to join the Project Canary team, as their wide operational footprint is the ideal platform for expanding the deployment of our proprietary methane sensing technology.”

Troposphere Monitoring’s sensor technology distinguishes between different gases, like propane, ethane, or butane, so permitted emissions look different than leaks to the monitoring system. Using advanced infrared spectroscopy technology, Troposphere sensors located at the fence line of a well site or facility can detect and identify quantities of methane, hydrocarbons and other byproduct gases at the ppb level of precision. The data is continually uploaded to Project Canary’s secure, cloud-based data platform for real-time alerts and ESG analytics.

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Stats Perform Acquires Breakthrough Platforms From Thuuz Sports

Stats Perform, the SportsTech leader in data and AI technology, announced the acquisition of platforms for creating automated video highlights and real-time excitement alerts from Palo Alto-based tech company Thuuz Sports. The patented technology in the SmartReels and SmartRatings products will be incorporated into Stats Perform’s robust product portfolio to generate new opportunities for media, technology and betting customers.

AI-powered SmartReels and SmartRatings are tailored to keep fans engaged whether they are watching a game live or not. Pairing these products with Stats Perform’s rich data and extensive customer base across media, technology and betting, clients will be able to serve up dynamic viewing experiences for fans that personalize the way they consume sports.

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Qmerit Accelerates Growth of its North American “Green Energy Transition” platform for installation and maintenance services for the electrification of everything

Qmerit is supercharging its innovative, industry-leading platform that connects EV buyers to its nationwide network of certified and vetted electrical contractors to ensure their EV charging and renewable energy systems are installed and maintained correctly – ensuring maximum ROI.

The electrification service market is $2.5B a year, and there is an acute shortage of qualified, licensed electricians resulting in inconsistent and unreliable service levels state to state. Qmerit simplifies finding properly trained and reliable electrical contractors with an easy to use platform that includes rigorous standards- ensuring every installation creates high satisfaction as evidenced by their industry leading Net Promoter Score of 89. Qmerit was built to solve the difficult problem of delivering exceptional installation and maintenance services nationally at scale using a distributed workforce.

Building on its existing nationwide contractor network in the U.S. and Canada, and deep relationships with fleet managers and leading electric vehicle and charging manufacturers, Qmerit simplifies the installation and integration of technologies for the clean energy transition—from electric vehicle charging hardware and energy storage to solar and microgrid integrations.

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To own an AR future, Niantic wants to build a smarter map of the world

Niantic  is continuing to bet heavily on the idea that it knows where consumer computing is headed, namely toward augmented reality.

The game development startup behind Pokémon GO has some good company with companies like Apple, Facebook  and Snap making similar bets, but stakes are high for the studio that hopes it can build an early advantage in foundational AR infrastructure and bring third-party developers onboard, edging out efforts from companies that are quite a bit larger.

Niantic’s experiments are still being bankrolled by their 2016 first-party hit Pokémon GO, which SensorTower estimates is having its best year ever in 2020. A report from the firm suggests that the title has pulled in more than $1 billion in revenue since the start of the year, a marked increase since 2019 that might be surprising, given the social effects of a pandemic. Those revenues have allowed Niantic to be one of the more active acquirers in the AR infrastructure space, buying up small buzzy AR startups like Escher Reality, Matrix Mill and, most recently, 6D.ai.

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Fintech startup Finch launches hybrid checking and investing app

The fintech company Finch has gone live with an app that’s half digital checking, half digital investing.

Its goal is to lower the barriers to investing for consumers between the ages of 25 and 35.

“Three out of five don't invest,” said Neel Ganu, founder and CEO of Finch. “A lot of them are particularly jaded from the financial crisis and not putting their money to work. The really good news is they are a long way out to retirement, and they have time to turn the ship around and start investing.”

Finch offers a checking account through a partner bank, Evolve Bank & Trust, that has Federal Deposit Insurance Corp. coverage. It provides a brokerage account through Apex Clearing Corp., which has Securities Investor Protection Corporation insurance.

“We are a software company, and we stitch these two accounts together in a super seamless way so that people can start investing and put their money to work,” said Ganu, who previously had been the first employee of the German challenger bank N26 and had worked at National Australia Bank and Fidelity Investments.

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