DailyPay Appoints Seasoned Finance Executive Ken Brause as Chief Financial Officer

Brause Joins Leading Fintech With More Than Three Decades of Experience Across Fintech and Financial Services Organizations

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- DailyPay, a leading financial technology company, today announced that Ken Brause joins the company as Chief Financial Officer, reporting to CEO Kevin Coop. Brause will advance DailyPay's financial strategy and capabilities to accelerate company growth. Brause brings more than 35 years of financial services and fintech experience at companies of various sizes and stages of ownership and growth, and has extensive expertise overseeing companies through complicated capital markets transactions and transformations.

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POWER OF AI: Oil and gas sector drills down into methane emissions data

With market and regulatory pressures pushing the oil and gas sector to cut methane emissions, drillers and pipeline operators are turning to artificial intelligence to fill the gaps in their technical expertise and determine the severity of emissions events to achieve lower-emission gas production and transport.

Oil and gas producers have their own set of emissions challenges at well sites, as well as their own set of in-the-works regulations that target methane emissions, which data companies such as Project Canary are out to address with continuous monitoring systems and machine learning.

Project Canary got its start in the market as a third-party gas certifier but has since pivoted to mainly emphasize providing more specialized emissions data, with its new commercial modus operandi being to "differentiate" gas with its data services rather than to certify it as "responsibly sourced."

The company has close to 60 customers across US shale basins utilizing its continuous monitoring technologies, which feed data retrieved at well sites and other facilities through machine learning models.

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WhiteFox Defense Awarded $1.25M Air Force Contract for Handheld Drone Defense

SAN LUIS OBISPO, CALIFORNIA, UNITED STATES, October 18, 2023 /EINPresswire.com/ -- WhiteFox DefenseTechnologies, an airspace management and counter drone solution provider, announces it has been selected by AFWERX for a SBIR Phase II contract in the amount of $1.25M focused on Scorpion 3, a light-weight, portable drone detection and mitigation solution to address the most pressing challenges in the US Department of the Air Force (DAF).

Scorpion offers efficient and reliable situational awareness, in any dynamic environment. The intuitive user interface allows the operator to integrate authorized drones into secured airspace, detect unauthorized drones and defend critical assets. Simple to use, cost-effective, and feature rich, Scorpion-3 is a portable/person-carriable RF-based detection, early warning, tracking, and identification solution.

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Emerson Ventures Invests in First Resonance

Strategic investment from Emerson's corporate venture capital arm supports First Resonance's ION Factory Operating System

ST. LOUIS, Sept. 27, 2023 /PRNewswire/ -- Emerson (NYSE: EMR) today announced it has made a strategic investment through Emerson Ventures, its corporate venture capital arm, in First Resonance, a Los Angeles-based start-up transforming manufacturing with its ION Factory Operating System (OS).

Through Emerson Ventures' value-add strategic investment approach, Emerson's investment will support further growth and development of First Resonance's ION Factory OS, which enables companies across industries to conduct day-to-day operations and connect workflows to power modern operations, from production to supply chain procurement and quality.

"As Emerson continues to accelerate its growth as a leading global automation company, we are constantly searching for innovative companies supporting the development of world-changing software and technologies," said Thurston Cromwell, vice president of development and innovation, and head of Emerson Ventures. "This strategic investment brings together Emerson's deep expertise in automation and First Resonance's operating system that helps companies modernize their technology, automate their processes and build transformational products of the future."

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New Portfolio Company - - - Qualiti

Automated software testing startup Qualiti lands $6.5M in seed funding

Software testing automation startup Qualiti Inc. said today it has closed on a $6.5 million round of seed funding led by Sierra Ventures with participation from Epic Ventures.

Qualiti has created an automated platform that uses generative artificial intelligence to help developers spin up a full testing suite for any software program or application in as little as 15 minutes, without any human input. With its platform, it’s aiming to disrupt the essential quality assurance process within software development.

Software testing is a key element of modern application development pipelines. It refers to the process of verifying and evaluating the functionality of the product in question. In an age where continuous updates are the standard practice for software developers, with apps constantly being updated sometimes even more than once a day, testing is a vital task that helps to reduce or eliminate the possibility of bugs.

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