Oval Park Capital

Great event this week pitching our Nature Tech story at Venture Atlanta Conference this week. Shout out to the volunteer pitch coaches and mentors at VA as well as Maureen Huguley, our The Idea Village buddy who helped us distill down a funky reef business into 3 crisp minutes... not easy! It is great to see the growth equity ecosystem thriving in the southeast, and see some of our investors like Front Porch Venture Partners and Oval Park Capital in the thick of things!

“Why are hardware companies STILL chasing power when software is the real game-changer?” That thought played on repeat in my head while hearing Jay Dawani present at the #AIHardwareSummit. There were a handful of presentations I saw before his, and a common theme was superlatives like “fastest and “largest”. With AI in a growth cycle unlike anything we’ve seen, many of the hardware companies have a “gold rush” mentality now – they’re ready to find a claim and dig. I gravitate toward people who look at opportunities from different perspectives, which is why I was eager for Jay’s talk. I’m always blown away by how he doesn’t just think outside the box, he reimagines a box from first principles. When he took the stage, the backdrop read, “Agnostic Software for AI Workloads – Decoupling Software From Hardware” and he started off with asking: “has anyone ever tried to get to know the developers?”. Looking around, I saw a few people nodding in agreement and others who looked puzzled. Maybe they thought it was rhetorical but it clearly struck a chord and everyone had to confront the reality that those who code for AI hardware are often overlooked. Jay then exposed the futility of trying to advance AI through hardware alone saying, “Models are increasing in size exponentially with no foreseeable slowdown. Physical buildouts of data centers will only give us 10% of the capacity we need in the next decade and even at full capacity, ALL the fabs in the world won’t be able to produce the amount of hardware required.” In short, any company trying to win on hardware alone is like participating in a zero-sum game. A handful will get rich in the process, but all the effort will have made but a dent in bringing the transformative potential of AI to the world. Jay described his view, saying, “We need to consider large scale hardware-software codesign across the entire industry, and our goal is that MORE people can use MORE types of hardware, faster.” then he dove into their solution: a software stack that integrates PyTorch and allows developers to run it on any hardware at any scale and transition seamlessly from training to inference. Instead of trying to beat the market, Jay and Lemurian Labs will lift the ENTIRE market, starting with those whose lives and work will be the most transformed – the developers. It takes courage to pivot and I’m proud of Jay; he’s done it twice in pursuit of the right path which speaks volumes about him publicly living his virtue of “Failure as Rocket Fuel”, though I would hardly count pivoting as a failure. Others believe in Jay as much I do. Investors are showing their confidence with funding and respected leaders looking to make their mark on AI have joined from big companies. My advice to engineers and developers who have the same ambition, don’t sleep on roles at Lemurian. You’ll regret it if the next time you pay attention to them is when you’re using their software stack. #semiconductorindustry #artificialintelligence

Excited for Lemurian Labs to be returning to a conference for the first time at the AI Hardware & Edge AI Summit Sept 10-12. This year's conference is much bigger than last year and 2025 looks to be even bigger. If you're at all working in the #hardware, #compute, #infrastructure space, you need to be here. Comment below if you'd like to use our discount code to get yourself a ticket before they sell out!

Medicom has been recognized in the 2024 Gartner® Hype Cycle™ for Healthcare Data, Analytics, and AI, published by Jeff Cribbs! This recognition emphasizes the critical role Data Monetization plays in healthcare, including its business impact, key drivers, and challenges that must be addressed in the market. We are proud to be acknowledged in this forward-thinking category. Follow us to stay updated and access the full report once available! #Gartner #HypeCycle #HCLS #MedicomTech

Congratulations to the entire Carpe team on this catalytic transaction with Topspin Consumer Partners!

𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁: 𝗧𝗔𝗥𝗚𝗔𝗡 & 𝗧𝗿𝗼𝘂𝘄 𝗡𝘂𝘁𝗿𝗶𝘁𝗶𝗼𝗻 We are excited to announce our first international installation of the WingScan™ system with Trouw Nutrition in Canada. This collaboration marks a significant advancement in our shared mission to enhance the efficiency and sustainability of animal protein production worldwide. As our CEO, Ramin Karimpour, stated, "𝘉𝘺 𝘢𝘶𝘵𝘰𝘮𝘢𝘵𝘪𝘯𝘨 𝘵𝘩𝘦 𝘴𝘦𝘹𝘪𝘯𝘨 𝘱𝘳𝘰𝘤𝘦𝘴𝘴, 𝘩𝘢𝘵𝘤𝘩𝘦𝘳𝘪𝘦𝘴 𝘤𝘢𝘯 𝘵𝘢𝘤𝘬𝘭𝘦 𝘭𝘢𝘣𝘰𝘳 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦𝘴, 𝘦𝘹𝘱𝘦𝘥𝘪𝘵𝘦 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘺, 𝘢𝘯𝘥 𝘴𝘩𝘰𝘳𝘵𝘦𝘯 𝘵𝘩𝘦 𝘵𝘪𝘮𝘦 𝘤𝘩𝘪𝘤𝘬𝘴 𝘴𝘱𝘦𝘯𝘥 𝘢𝘵 𝘵𝘩𝘦 𝘴𝘪𝘵𝘦. 𝘛𝘩𝘦 𝘴𝘺𝘴𝘵𝘦𝘮 𝘪𝘵𝘴𝘦𝘭𝘧 𝘪𝘴 𝘢𝘭𝘴𝘰 𝘭𝘦𝘴𝘴 𝘪𝘯𝘷𝘢𝘴𝘪𝘷𝘦 𝘰𝘯 𝘵𝘩𝘦 𝘣𝘪𝘳𝘥, 𝘸𝘩𝘪𝘤𝘩 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦𝘴 𝘢𝘯𝘪𝘮𝘢𝘭 𝘸𝘦𝘭𝘧𝘢𝘳𝘦." WingScan is transforming chick sex identification by automating the process with a throughput of up to 100,000 chicks per hour, depending on configuration, and an accuracy rate of up to 98%. WingScan enables hatcheries to overcome labor challenges, optimize growth through sex-specific feeding strategies, and improve overall operational efficiency—benefits that extend throughout the entire production chain. Jimi Godin-Mar, Continuous Improvement and Operational Excellence Manager at Trouw Nutrition, remarked, “𝘐𝘵 𝘸𝘢𝘴 𝘢 𝘧𝘭𝘢𝘸𝘭𝘦𝘴𝘴 𝘪𝘯𝘴𝘵𝘢𝘭𝘭𝘢𝘵𝘪𝘰𝘯, 𝘢𝘯𝘥 𝘸𝘦’𝘷𝘦 𝘴𝘦𝘦𝘯 𝘢 𝘷𝘦𝘳𝘺 𝘪𝘮𝘱𝘳𝘦𝘴𝘴𝘪𝘷𝘦 𝘴𝘱𝘦𝘦𝘥 𝘨𝘢𝘪𝘯.” Ali Matloub, Director of Technical Sales and Business at TARGAN, added, “𝘞𝘩𝘢𝘵 𝘛𝘳𝘰𝘶𝘸 𝘕𝘶𝘵𝘳𝘪𝘵𝘪𝘰𝘯 𝘩𝘢𝘴 𝘮𝘢𝘯𝘢𝘨𝘦𝘥 𝘵𝘰 𝘢𝘤𝘩𝘪𝘦𝘷𝘦 𝘧𝘰𝘳 𝘵𝘩𝘦𝘪𝘳 𝘤𝘶𝘴𝘵𝘰𝘮𝘦𝘳𝘴 𝘰𝘱𝘦𝘯𝘴 𝘵𝘩𝘦 𝘥𝘰𝘰𝘳 𝘧𝘰𝘳 𝘱𝘰𝘵𝘦𝘯𝘵𝘪𝘢𝘭 𝘨𝘳𝘰𝘸𝘵𝘩.” 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗣𝗿𝗲𝘀𝘀 𝗥𝗲𝗹𝗲𝗮𝘀𝗲 𝗢𝗻𝗹𝗶𝗻𝗲: https://lnkd.in/gjRiNHVb We are proud to partner with Trouw Nutrition and look forward to the continued success of this collaboration. #TARGAN | #TrouwNutrition | #Partnership | Trouw Nutrition Canada

Congrats to portfolio company Emrgy Inc. for earning the #7 spot on TIME's 2024 ranking of the top 250 GreenTech companies! 🌿 Check out the full list here: https://lnkd.in/eBkQQMGR

Welcome UPMC Enterprises to the Medicom Technologies Inc. investor syndicate!

Transforming Broiler Production Through #AI 🐤 Artificial Intelligence is revolutionizing productivity, production, and profitability across numerous industries. Discover how AI is shaping the future of poultry sexing. Liz Turpin, PhD, MBA, and VP of BioProcess at TARGAN Inc., recently shared her insights in a feature by 🐓 WATT Poultry. The article, "AI: Next Step Forward in Broiler Chick Sexing?" explores how AI is enhancing broiler chick sexing with improved accuracy, speed, efficiency, and animal welfare. Learn how TARGAN's WingScan, an automated feather sex identification system, gives producers greater control over bird uniformity, boosts yield, and streamlines logistics, driving profitability across the industry. Read the full article here: https://buff.ly/46u6MFe #PoultryProduction #Poultry #AI #Innovation #WingScan #TARGAN

Congratulations to the Medicom Technologies Inc. team on closing an oversubscribed strategic financing round, and welcome UPMC Enterprises and Tampa General Hospital Ventures to the investor syndicate!