Day: April 6, 2022

Collagen Market worth $5.3 billion by 2026

Chicago, April 06, 2022 (GLOBE NEWSWIRE) — According to MarketsandMarkets, the global collagen market size was estimated to be valued at USD 4.1 billion in 2021 and is projected to reach USD 5.3 billion by 2026, recording a CAGR of 5.4% in terms of value. Biotechnological advancements have discovered the utilization and incorporation of collagen in pharmaceutical applications as bioactive compounds or functional biomaterials. The main applications of collagen as drug delivery systems are collagen shields in ophthalmology, sponges for burns/wounds, mini-pellets and tablets for protein delivery, gel formulation in combination with liposomes for sustained drug delivery, as controlling material for transdermal delivery, and nanoparticles for gene delivery and basic matrices for cell culture systems.

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Collagen is one of the key structural proteins found in the extracellular matrices of many connective tissues in mammals, making up about 25%–35% of the whole-body protein content. It is mostly found in fibrous tissues such as tendons, ligaments, and skin (about one-half of total body collagen) and abundant in corneas, cartilages, bones, blood vessels, and the gut.

The North American collagen market is valued at USD 1,143.7 million in 2020 and is projected to reach USD 1,506.5 million by 2026, growing at a CAGR of 4.8% during the forecast period. The North American collagen market is projected to witness significant growth due to an increase in growing health concerns among the consumers, adopting low-fat and nutrient-rich food & beverage products, and increasing consumption of bakery food products. This region has the highest prevalence of obesity, also driving the demand for dietary supplements and other nutritional products.

Among various sources of collagen, bovine segment accounted for the major market share in the overall collagen market. Bovine collagen is highly rich in type I and III collagen. This type of collagen benefits the nails, skin, tendons, eyes, hair, muscles, bones, and blood vessels.

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Based on form, the dry segment is projected to be the fastest-growing during the forecast period. The dry form of collagen is available as agglomerated or fine powder. Due to its quick solubility behavior, the powder form is majorly used in various industries. Powdered collagens showcase excellent blending properties, which is why it is increasingly being used in various food applications. These can be added to most food applications, including coffee, smoothies, dairy products, snacks, soups, sauces, and confectionery products, among others.

Among various product type, the gelatin segment accounted for the major market share. Gelatin is a colorless, flavorless, translucent, brittle food ingredient, which is derived from collagen obtained from various animal body parts. It is obtained not only from the animal skin but also from fish and insects. Manufacturing of gelatin includes two methods, which are the alkaline and acid processes, to manufacture type A and type B gelatin, respectively. Gelatin is widely used in foods to improve elasticity, consistency, and stability.

Among various applications, the nutritional products segment accounted for the major market share in the overall collagen market. Collagen is combined with other ingredients in various healthy products due to its various chemical and nutritional properties. Collagen, due to their high binding properties, are used as a partial glucose replacer in protein bars. Collagen is also consumed in powder form, added to hot beverages, smoothies, or baked goods, to provide extra protein.

Browse Adjacent Markets: Food and Beverage Market Research Reports & Consulting

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Robopen® is highly customizable and features an LCD screen.

With the help of the Robopen®, hair restoration surgeons who perform hair transplants around the world won’t have to worry about the equal quality and uniform depth of tissue separation during the transplantation process anymore.

The Robopen® is fully adjustable via the inbuilt LCD screen, which also displays the incision count. It makes incisions at the set depth every time, without fail. Surgeon fatigue, imperfect hand movements and distractions due to having to keep count of the incisions are a thing of the past.

Cosmedica Clinic in Istanbul is already using this futuristic tool for their hair transplants.

At Cosmedica’s hair transplant clinic in Turkey, patients can already get a hair transplant with the help of this futuristic device. They offer two hair transplant techniques: the FUE technique or Follicular Unit Extraction technique as well as DHI or Direct Hair Implantation.

A FUE hair transplant is done by removing individual hair grafts from the patient’s so-called donor area, which is at the side and back of the head, as the hair follicles there are not affected by hair loss. The grafts are then transplanted to the top of the scalp, where new hair growth is desired.

For a quicker recovery time, a Sapphire FUE Hair transplant can be performed. This method is different to the regular FUE hair transplant in that a sharp scalpel made from Sapphire is being used to make the incisions before the hair grafts are being transplanted. This Sapphire blade makes very precise incisions possible, which speeds up the healing process.

DHI hair transplants are done by removing and implanting the hair grafts in one go with the help of a special punch called Choi implanter pen. This technique has the added benefit of protecting the hair follicles while they are being implanted.

Robopen® improves the success rate and recovery time.

The result of a hair transplant and the health of the transplanted hair is dependent on many factors: the number of grafts, techniques and methods, and the hair transplantation surgery itself. Thanks to the Robopen, the already high success rate and low recovery time of hair transplants at Cosmedica Clinic has gotten even better.

Press contact: Cosmedica Clinic

Email:  info@cosmedica.com

Phone: +90 (544) 556 05 55

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World’s First Automated & Handheld Hair Transplant Incision Device

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Close up of the Robopen’s display

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SAN FRANCISCO, April 06, 2022 (GLOBE NEWSWIRE) — Turn/River Capital, a leading technology growth equity and buyout firm, announced today that it has successfully raised its fifth fund, Turn/River Capital V (“Fund V”). The oversubscribed Fund V closed at its $1.35 billion cap with strong support from all current investors, as well as a select number of notable new investors. The amount also includes $100 million from the employees of Turn/River Capital, as well as their friends and families.

Also today, in a separate press release, Tufin (NYSE: TUFN), a leading cybersecurity automation company with a policy-centric approach to security and IT operations, announced that it has entered into a definitive agreement to be acquired by Turn/River Capital for $570 million.

“We are incredibly grateful to our investors, partner companies, and team members who have embraced our vision of operationally-driven investing, and have helped it become a reality,” said Dominic Ang, Managing Partner at Turn/River Capital. “Turn/River was founded on the idea that software investing is most successful when software operators and investors work together side-by-side, and Fund V is a testament to that. It has been an active last twelve months for Turn/River with record investments and exits, and we hope to build upon this momentum in Fund V.”

With Fund V, Turn/River will continue to execute on its strategy of investing in and scaling growing technology companies with the help of its proprietary operations team. This highly experienced team is focused on optimizing sales, marketing, and customer success execution to accelerate growth and profitability for partner companies. The fund provides flexible capital for growth, liquidity, and acquisitions for software companies at all stages.

Turn/River has continued to invest heavily in its team, growing headcount by over 50% in the last year, deepening its expertise in all parts of the investment and go-to-market operations.

The firm focuses on software and SaaS companies and has made 25 investments since its founding in 2012.

About Turn/River Capital

Turn/River Capital is a San Francisco-based software investment firm that looks, feels, and acts like a software company. It offers flexible capital and tailored, data-driven operational support for growth capital, founder liquidity, buyouts, spin-outs and recapitalizations. Built by a team of software operators and investors who have scaled sales, marketing, customer success and talent, Turn/River’s playbooks reliably and rapidly unlock transformational growth, producing market-leading companies and building lasting value. For more information, please visit www.turnriver.com.

turnriver@bulleitgroup.com

As Part of the Long-Term Partnership, Related Made a Strategic Investment in HqO and Will Join its Board of Directors

BOSTON, April 06, 2022 (GLOBE NEWSWIRE) — HqO, the industry-leading tenant and workplace experience platform, today announced a strategic partnership with Related Companies, the most prominent privately-owned real estate firm in the U.S., to power Related’s tenant experience (TeX) technology across its commercial and luxury residential portfolio. Elements of the best-in-class technology Related developed to serve its Fortune 500 tenants and discerning residents will be incorporated into HqO’s core offering. Related has also made a strategic investment in HqO, and Related CEO Jeff Blau will join the HqO Board of Directors.

“Related’s focus on and commitment to providing their customers with the most personalized level of service is one of the reasons they’re such a great strategic partner and investor for HqO,” said Chase Garbarino, CEO at HqO. “Their success here has allowed Related to create and promote a groundbreaking suite of programming and benefits to their properties, and HqO will make it even easier for their tenants to access and enjoy those benefits and programming.”

HqO’s multiple-portfolio deployments, ease of use, unrivaled user engagement, and dedicated and continuous customer support made it the ideal digital platform for Related’s renowned, high-touch tenant experience. HqO will serve as a universal remote control for Related tenants and residents to interact with their building and neighborhood. The HqO app will offer tenants and residents access to custom programming, resource booking, service offerings, local retail and food and beverage delivery, and more.

“The people who live and work at our properties are at the heart of everything we do, and we are always focused on ways to make their days more seamless, their communities more connected, and providing an array of exclusive access and services that create the luxury of more time together — partnering with HqO puts the Related experience at our tenants’ fingertips,” said Luke Falk, Senior Vice President at Related. “HqO’s differentiated consumer platform and robust suite of analytics position them for continued growth and I look forward to working with them as they continue to push the boundaries of TeX technology.”

Related’s extensive property portfolio joins the more than 500+ live assets in 142 cities across the world that trust HqO to provide a highly amenitized, engaging, and tech-enabled tenant experience. HqO’s product consists of an award-winning app, analytics suite, hybrid work tools, and a flex space management system.

As an owner-operator, Related understands the importance of tech-enabled property management, including access control, work order management, communications tools, and data and analytics to better inform office investments and drive tenant engagement. In addition to having the most advanced feature set and biggest technology marketplace, HqO provides each customer with a dedicated customer experience team that supports all aspects of adoption, growth, and engagement, including everything from content creation to advanced data analytics.

About HqO
HqO is transforming how people connect with each other and the places they work. The HqO Workplace Experience Platform makes it easy for companies and commercial property teams to create modern workplaces through world-class amenities and services that allow people to thrive and produce the best results. Active in over 250 million square feet in 25 countries, 57% of the Fortune 100 rely on HqO to enhance their workplace experiences, improve employee satisfaction, and drive operational excellence. For more information, visit https://www.hqo.com/.

About Related Companies
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisition, management, finance, marketing, and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, West Palm Beach, Miami, Washington, D.C., Abu Dhabi and London, and boasts a team of approximately 4,000 professionals. With over $60 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, The Square in Downtown West Palm Beach, The Grand LA and Related Santa Clara in California and The 78 in Chicago. Related was named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit https://www.related.com/.

Primary Contact: Kristin Concannon
Phone: 833-225-5476
Email: kristin.concannon@hqo.co

DEP Listing To Leverage MEXC’s Highly Performant Order Matching Engine

SINGAPORE, April 06, 2022 (GLOBE NEWSWIRE) — Digital Entertainment Asset Pte. Ltd. (DEA), the Singapore-based GameFi platform, has joined forces with MEXC Global to list its native DEAPcoin (DEP) on the Singapore-based exchange platform.

DEP serves as the utility token for the 2.3 million users across 100 countries participating in DEA’s PlayMining ecosystem. This PlayMining platform features an NFT marketplace and play-to-earn gaming titles, with more titles set to join. The DEP/USDT pair listing on MEXC Global will commence on Thursday, April 7th at 14:00 UTC, exposing DEP to over 6 million of the exchange’s clients.

Within the PlayMining ecosystem, groups of gamers can form gaming guilds to invest in NFTs generated by the play-to-earn games operating within the GameFi platform to earn returns from lending out NFTs to game players. Thanks to its progress, DEP was the 38th cryptocurrency to be licensed by the Japanese Financial Services Agency and commands the position of the first play-to-earn token approved for circulation within the country.

MEXC Global is renowned for its highly performant order matching engine, which can handle large block transactions and execute 1.4 million transactions per second. At present, MEXC ranks among the top 20 crypto exchanges by spot market volume. With licenses to operate in Australia, Estonia, and the United States, MEXC commands a global presence in the cryptocurrency markets spanning more than 70 countries.

The move to list DEP/USDT will help make DEA’s PlayMining economic zone more accessible while expanding the potential audience for the platform, helping drive greater adoption. Moreover, the organization intends to continue pursuing new strategic partners to continue strengthening the ecosystem. This latest development follows other noteworthy milestones for DEA, including the partnership with Angkor Tiger FC and a successful fundraising round that saw a fresh $12 million injected into the metaverse and gaming platform.

Digital Entertainment Asset Pte. Ltd. | https://dea.sg
DEA, a GameFi platform business, was founded in Singapore in August 2018, and is developing JobTribes, a Play to Earn game, and PlayMining NFT, an NFT marketplace. Using blockchain technology, the company aims to realize a world where one can create value by having fun.

Co-CEO: Naohito Yoshida, Kozo Yamada
Location: 7 Straits View, Marina One East Tower,#05-01,Singapore 018936
Establishment: August 2018
Business description: GameFi platform business

Contact Information
Digital Entertainment Asset Pte Ltd
Public Relation: Takasugi ｜tomoyuki_takasugi@dea.sg / Soeda｜soeda@dea.sg

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ATLANTA and LONDON, April 06, 2022 (GLOBE NEWSWIRE) —  Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released the results of a consumer sentiment study of ecommerce home delivery. The study of over 8,000 consumers across ten European and North American countries provides retailers and logistics organizations with critical insights into consumer purchase and delivery preferences and concerns.

“Ecommerce and home delivery present opportunities and challenges to retailers and logistics organizations. In our study, consumers indicated they will increase their ecommerce purchases in the future, but 73% of them said they experienced a delivery failure in the last three months (see Figure 1),” said Chris Jones, EVP, Industry and Services at Descartes. “The results of poor delivery performance can be catastrophic for retailers with almost one-quarter of the respondents in our study citing that they did not order from that retailer again.”

Figure 1: https://www.globenewswire.com/NewsRoom/AttachmentNg/dc7088a4-9ba2-44d2-8c4c-ed956ecca213

The study analyzes consumer ecommerce buying behavior, what is causing ecommerce purchases to increase or decrease, the kinds of goods purchased, their frequency and which ones are being delivered. In addition, it provides insight into delivery services, charges and performance. Most importantly, it analyzes the importance that consumers place on delivery performance and the impact of delivery failures on future purchases. To learn more, read the full study: Descartes Research Report: Ecommerce—Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth?

Descartes’ ecommerce logistics solutions help retailers and logistics services providers deliver a superior customer experience. The home delivery solution covers a wide range of critical capabilities including delivery appointment booking, route planning, mobile applications and customer communications. They engage the customer at the point of purchase through order fulfillment and the successful completion of the delivery, provide opportunities to upsell value-added delivery services and keep customers up-to-date with the status of their delivery. The warehouse management and integrated parcel shipping solutions help small-to-midsize retailers to use the right carrier and service to minimize shipping costs as well as to scale their ecommerce business by improving fulfillment reliability, speed and productivity.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

North America Media Contact
Cara Strohack                                                    
Tel: +1(800) 419-8495 ext. 202025                        
cstrohack@descartes.com

UK Media Contact
Andrew Tavener                                                     
Tel: +44 (0)7833 444047
atavener@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Leading Global Digital Disruptors Gather to Network, Share and Learn

MOUNTAIN VIEW, Calif., April 06, 2022 (GLOBE NEWSWIRE) — Aerospike Inc., the real-time data platform leader, today announced Mission Now, its 2022 user summit. The annual conference provides users, developers, data architects, and executives the opportunity to come together to learn and share information about innovating on the Aerospike Real-time Data Platform. Companies speaking include Criteo, Airtel, Snap, and other globally recognized digital disruptors.

Mission Now launches virtually on May 4, 2022, followed by a five-city roadshow of live events around the globe. The user summit will feature keynote presentations, panel discussions, and hands-on workshops on how companies can create real-time, data-intensive applications at terabyte to petabyte scale.

Newly appointed Aerospike CEO Subbu Iyer and former NASA astronaut Jose Hernandez will deliver keynote speeches on May 4. Subbu Iyer will discuss Aerospike’s vision on why a modern, real-time data architecture is critical for companies competing in a right-now economy. Jose Hernandez will share his personal journey from farmworker to astronaut and his invention of the mammogram.

“The real-time data is the engine driving all large-scale digital transformations in today’s right-now economy. From critical business events like fraud detection, money transfers, and smart manufacturing, every transaction, every decision, is data-driven,” says Subbu Iyer, CEO of Aerospike. “Mission Now is a wonderful opportunity for customers, prospects, and partners to come together to share how they are innovating on the Aerospike Real-time Data Platform to create real-time applications that enable them to compete and win in today’s right-now economy.”

Registration is open for Aerospike Summit 2022: Mission Now

Schedule and view the Summit 2022 agenda here

• May 4 – Virtual Summit
• May 10 – Boston
• May 12 – New York City
• May 17 – London
• May 18 – San Francisco
• May 24 – Bangalore

For more information about Aerospike, please visit www.aerospike.com, or to join the team, see our employment opportunities around the globe.

About Aerospike
The Aerospike Real-time Data Platform enables organizations to act instantly across billions of transactions while reducing server footprint by up to 80 percent. The Aerospike multi-cloud platform powers real-time applications with predictable sub-millisecond performance up to petabyte-scale with five-nines uptime with globally distributed, strongly consistent data. Applications built on the Aerospike Real-time Data Platform fight fraud, provide recommendations that dramatically increase shopping cart size, enable global digital payments, and deliver hyper-personalized user experiences to tens of millions of customers. Customers such as Airtel, Experian, Nielsen, PayPal, Snap, Wayfair, and Yahoo rely on Aerospike as their data foundation for the future. Headquartered in Mountain View, California, the company also has offices in London, Bangalore, and Tel Aviv.

John Moran
Look Left Marketing
aerospike@lookleftmarketing.com