DRIVING INNOVATION IN BRAIN-TECH, NETWORKING, AND LOCATION INTELLIGENCE
Today, we are spotlighting three extraordinary companies from our GSA Star Network: Nexstem, Zovo Team, and Grab.
These trailblazers are redefining their fields with revolutionary advancements in brain-computer interface technology, unparalleled opportunities for business networking, and cutting-edge location intelligence solutions. Their dedication to driving technological progress, fostering collaboration, and enhancing efficiency highlights how a commitment to innovation can shape a smarter, more connected future.
NEXSTEM: ADVANCING BRAIN-COMPUTER INTERFACE TECHNOLOGY WITH $3.5M IN FUNDING
In a significant milestone, Nexstem has successfully secured $3.5 million in funding to accelerate the development of its groundbreaking Brain-Computer Interface (BCI) solutions. Backed by leading investors, including InfoEdge, Gruhas, and Zupee, this funding will fuel Nexstem’s mission to democratize BCI technology and expand its innovative Instinct Ecosystem, which empowers BCI advancements across industries such as healthcare, gaming, and neurotechnology.
Nexstem’s focus on leveraging BCI to improve lives globally places it at the forefront of a transformative field. This funding marks an exciting chapter in the company’s journey to make brain-computer communication more accessible, effective, and impactful.
A VISION FOR THE FUTURE OF NEUROTECHNOLOGY
Nexstem’s Instinct Ecosystem stands at the core of its vision to create seamless interactions between humans and machines. By enhancing accessibility and applicability, Nexstem aims to revolutionize how individuals interact with technology, unlocking potential in diverse fields ranging from medical rehabilitation to gaming and beyond.
ZOVO TEAM: SHAPING THE FUTURE OF BUSINESS AT THE GLOBAL BUSINESS SUMMIT 2024
Mark your calendars for an extraordinary opportunity to redefine business development and innovation! The Global Business Summit 2024 (GBS) is set to take place on Thursday, December 12, 2024, at the Institute of Architects Bangladesh in Agargaon, Dhaka. This highly anticipated event will bring together entrepreneurs, industry leaders, professionals, and enthusiasts to explore the latest trends, forge valuable connections, and gain actionable insights.
From inspiring talks to hands-on workshops, GBS 2024 promises to be a transformative experience for everyone eager to elevate their business and leadership skills.
🗓️ Event Details
Date: Thursday, December 12, 2024
Time: 10:00 AM – 8:00 PM
Venue: Institute of Architects Bangladesh, Agargaon, Dhaka
🎟️ Register Here: Global Business Summit Tickets
(no registration fees!)
MAKING HISTORY THROUGH BUSINESS INNOVATION
The Global Business Summit serves as a platform to foster creativity, collaboration, and growth. Featuring keynote speeches, panel discussions, and interactive sessions, the event will cover a range of topics, including FinTech, leadership, business development, and innovation.
"As a coordinator of GBS 2024, I always love taking on challenges and embarking on thrilling journeys. FinTech is in my blood to ensure the best of commerce," shared one of the event organizers, emphasizing the summit’s mission to empower businesses with the tools and knowledge to thrive in an ever-evolving global market.
DON’T MISS THIS OPPORTUNITY
With no registration fees, GBS 2024 is open to anyone looking to build meaningful connections, learn from the best in the industry, and gain a competitive edge in the business world. Whether you’re an established professional or a budding entrepreneur, this is your chance to unlock new possibilities and shape the future of commerce.
GRABMAPS AND LOQATE: TRANSFORMING LOCATION DATA IN SOUTHEAST ASIA
Loqate, a global leader in address verification and location intelligence, has partnered with GrabMaps to revolutionize location data accuracy in Southeast Asia (SEA). This strategic collaboration integrates GrabMaps’ extensive and high-quality location data into Loqate’s platform, starting with Malaysia and expanding to Singapore, Thailand, the Philippines, and Indonesia.
With eCommerce experiencing rapid growth in SEA, this partnership addresses the pressing need for precise and localized address verification to improve service delivery, minimize inefficiencies, and enhance customer experiences. Loqate’s enriched platform now offers businesses in the region a powerful tool to overcome the complexities of SEA’s addressing systems, enabling them to achieve greater operational efficiency.
A MILESTONE IN EXPANSION AND INNOVATION
This collaboration represents a significant milestone in Loqate’s expansion efforts within SEA. David Green, Managing Director at Loqate, shared, “We are thrilled to collaborate with GrabMaps, a true leader in location data innovation, as we expand our presence in Southeast Asia. With this integration of rich local data into our platform, we are confident that we will continue to be a trusted partner that provides local and international businesses with accurate, high-quality location data and intelligence.”
The partnership also reinforces GrabMaps’ leadership in providing granular and highly precise mapping data for SEA. “GrabMaps offers a fresh, highly granular and extensive view of the region, like no other,” said Hazel Chen, Regional Head of Group Business Development & Partnerships at Grab. “Our ever-expanding location data will help Loqate’s customers minimize inefficiencies, drive cost savings, and offer better customer experiences.”
REVOLUTIONIZING BUSINESS OPERATIONS THROUGH LOCATION DATA
Loqate’s advanced platform reduces address entry times by 80% and errors by 20%, making it an indispensable tool for businesses across industries. With a client base of over 14,000 brands—including eBay, IBM, and ASOS—Loqate is trusted to provide accurate location data that streamlines operations and elevates customer satisfaction.
GrabMaps contributes over 65 million addresses and points of interest (POIs) across SEA, leveraging Grab’s vast network of consumers, merchants, and delivery partners. By continuously refreshing mapping data from real-time feedback and millions of transactions daily, GrabMaps ensures high-quality and cost-effective location intelligence.
A COLLABORATIVE EFFORT DRIVEN BY EXPERTISE
The development of Orion Score involved collaboration with venture capitalists, angel investors, family offices, and analysis of historical data from successful startups. This collective expertise ensures that the scoring algorithm reflects real-world investment criteria, making it a reliable tool for evaluating startup potential.
CELEBRATING THE PROGRESS OF OUR GSA STAR NETWORK
As we continue to celebrate the achievements of our GSA Star Network, we hope to share the motivation and resilience that drive these remarkable trailblazers.
Their stories remind us that with determination and innovation, startups can create a lasting impact on the world, paving the way for future generations of entrepreneurs.