Blockchain

Nubila Kickstarts Fundraising Round Led by IoTeX, VeChain and Other Leading Investors

San Francisco, United States, July 1st, 2024, Chainwire

 

Nubila, a leading data oracle specializing in accurate and actionable Environmental, Social, and Governance (ESG) data for the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has kicked off its fundraising round. The on-going round is led by IoTeX and VeChain + Boston Consulting Group, with the participation from OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets, Nubila has raised $2.5 million to date.

This significant investment underscores the industry’s recognition of Nubila’s potential to leverage AI and tokenization to empower decision-making, drive sustainable development, and build financial products with ESG data.

“At Nubila, we are committed to building the infrastructure for the MachineFi revolution, serving as the ‘data sensor layer’ for our planet,” said Ben, the founder of Nubila. “Our vision is to create a comprehensive network of advanced weather stations and sensors that capture critical environmental data. Integrating real-time ESG data into an increasing number of AI models, such as Microsoft’s recently released Aurora atmospheric model, will enhance ESG assessments and drive more informed and sustainable decision-making across industries. With this funding, we are poised to scale our operations and expand our global reach, ensuring that we contribute significantly to the sustainability and well-being of our planet.”

The funds will be strategically used to scale Nubila’s operations, further develop its cutting-edge ESG Data Oracle, and pursue key strategic goals. These initiatives include enhancing data accuracy, expanding the network’s reach, increasing user engagement, and the awareness of sustainability investment.

“Nubila is at the forefront of leveraging DePIN and AI to transform ESG data management,” said Raullen Chai, Founder of IoTeX. “Their approach to creating a decentralized ESG network of community-owned IoT devices, delivering hyperlocal weather data to enhance predictions for various industries is revolutionary. By providing actionable environmental data, Nubila is not only enhancing ESG assessments but also enabling more informed and sustainable decision-making across various industries. We are excited to support their mission and look forward to seeing the significant impact they will make on the sustainability landscape.”

This network features advanced weather stations, the only ones equipped with high-precision sensors and cameras, dedicated to gathering detailed environmental data for accurate ESG assessments. To date, Nubila has deployed 16,000 stations worldwide, collectively capturing over 100TB in weather data.

About Nubila

Headquartered in San Francisco, Nubila is a pioneer in the Environmental, Social, and Governance (ESG) data sector, dedicated to transforming sustainability initiatives through innovative solutions. By building the largest ESG Data Oracle within the DePIN ecosystem, Nubila leverages AI and ESG tokenization to empower decision-making, drive sustainable development and build financial products.

 

Contact

Marketing Head
Darren Goh
Nubila
[email protected]

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WaveMaker Announces React Native Studio, Accelerates iOS and Android App Development

2024-10-01T12:00:00Z

Empowers web developers to build native mobile apps, provides custom reusable components with enterprise-grade scaffolding and high quality code generation

Plano, TX, Oct. 01, 2024 (GLOBE NEWSWIRE) -- WaveMaker, the breakthrough development system for accelerating modern software development, announces React Native studio that makes native mobile app building accessible to web developers familiar with JavaScript.

React Native technology accelerates and simplifies development of mobile applications that have all of the features commonly found in truly native applications. This has led to a resurgence in demand for mobile applications among organizations. WaveMaker helps overcome React Native skill shortages in developer teams by empowering developers with web skills using a low code approach.

“Businesses today need to innovate faster than ever, and our React Native-based platform helps them do just that,” said Deepak Anupalli, Co-founder and CTO of WaveMaker. “By combining low code with React Native, we enable teams to build cross-platform, secure, enterprise-grade and experience rich mobile apps at a fraction of the time and cost. This solution is designed to help companies stay ahead in a fast-moving, mobile-first world.”

WaveMaker Studio for React Native provides web developers a familiar JavaScript paradigm to create apps for both iOS and Android devices from a single codebase, and translates complex CSS and components into high quality React Native code. The integrated low code driven development environment comes with tools for testing, debugging, installer creation and deployment.

WaveMaker uses a unique reusable prefab component system that serves both web and mobile application architectures. While factory components can be used with minimal customization, it provides a way for developers to bring in their custom components and design system elements. This significantly reduces development time and ensures a consistent user experience across both web and mobile platforms.

With React Native at its core, WaveMaker’s platform empowers developers to build seamless, native-like apps for both iOS and Android from a single codebase, significantly reducing time-to-market. The platform integrates agile methodologies, allowing for iterative development and quick adaptation to market changes, enabling companies to release apps up to thrice as fast.

WaveMaker uses its cloud infrastructure to allow customers to access scalable resources and streamline deployment processes. This reduces operational costs and enhances the overall performance and reliability of web and mobile applications built on the platform.

About WaveMaker

WaveMaker, Inc. is a privately held independent software vendor that offers enterprise teams building a large number of web and mobile applications a high-performance accelerator platform that is driven by AI and low code. A unique component architecture and scaffolding based on open standards makes the platform highly customizable, secure, generate extensible Angular and React Native code, and open to third party integrations. Global companies in fintech, banking, telecom, and healthcare across 17 countries use WaveMaker platform to deliver API-driven, enterprise-grade web and mobile software to their customers. WaveMaker is headquartered in the Dallas-Fort Worth metro area with R&D in Hyderabad, India. For more information, visit wavemaker or follow @WaveMaker on Twitter and LinkedIn.

CONTACT: Joanne Hogue
Smart Connections PR for WaveMaker
+1 (410) 658-8246  
[email protected]

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