Connect with us

Technology

NativeX, Vietnamese EdTech Startup Raises $4 Million in Just 8 Months to Revolutionize English Learning for Working Adults

Published

on

HO CHI MINH CITY, Vietnam, Feb. 23, 2024 /PRNewswire/ — NativeX, the innovative EdTech startup, has just secured $4 million in total funding within just 8 months since its launch. NativeX raised $1.5 million from angel investors through SAFE instruments in June 2023, and it now completes its seed round for an additional $2.5 million. The round is being co-led by Ansible Ventures and Blueprint Ventures, with the participation of Northstar Ventures and other investors. With this significant funding, NativeX is well-positioned to advance its mission of revolutionizing English learning for 10 million busy working professionals in Vietnam, before moving to other SEA markets.

Valerie Van V., Founding Partner at Ansible Ventures, emphasized the alignment between NativeX’s innovative approach and their investment thesis, stating, “Improving education through upskilling will be a crucial pillar in Vietnam’s EdTech market. Despite attracting international investments, Vietnam’s labour productivity lags behind other Asian countries, ranking 136th out of 185 countries as of 2021. This situation necessitates the development of training curricula and investment in top talent by local Vietnamese companies to remain competitive. As manufacturers strive to produce higher quality products, the demand for skilled labour will rise. Consequently, initiatives for transformation and upskilling, particularly on-the-job training, will receive increased investments and efforts from business owners in Vietnam. We are excited to co-lead this NativeX seed round and firmly believe in the company’s potential to empower top Vietnamese talents as they advance in their careers.”

Huiting Koh, Founding Managing Partner at Blueprint Ventures, highlights the hallmarks of building NativeX into a leading brand in the EdTech space, sharing, “The company solves a true pain point for Vietnam’s working professionals. The ability to get ahead in their careers is increasingly dependent on a good grasp of the English language – reading, writing, comprehension and verbal communication. NativeX delivers a product that has a strong product human-need fit, creates an emotional affinity with its end consumers by empowering them to reach their goals, and aligns with their values by helping them get ahead in life. These are elements of a strong foundation for NativeX to become a lasting brand. The strong user and engagement metrics at this early stage are equally impressive, combined with the market’s demand for their product. We are excited to partner with our esteemed co-investors and back this experienced management team to build a trusted and credible education technology brand for adult English learning in Vietnam.”

Introducing NativeX and Its Innovative Approach to English Learning for Professionals

NativeX believes that English proficiency is key to unlocking the career potential of working professionals, particularly for local tech talents aiming to compete in the global tech labour market. Founded in April 2023, NativeX aims to transform how working adults in Vietnam learn English by offering a comprehensive online platform. This platform includes live classes taught by experienced foreign teachers and provides flexible scheduling options to accommodate the busy lives of working professionals.

A standout feature of NativeX is its innovative and flexible group class model, allowing learners to book classes that suit their schedules. The collaborative and supportive learning environment is created by grouping learners with similar proficiency levels. This is proven to be effective. Ms. Ai Chau, Co-Founder and Head of the Academic team, highlights the company’s unique content-led approach to curriculum design and learning experience, ensuring scalability and consistency in teaching quality as they scale.

Success in the First Year: Transforming Careers Through English Proficiency

NativeX has already achieved significant success in its first year of operation, with learners reporting notable improvements in English communication skills. The platform attracts a diverse range of learners, including 50% managers and professionals in IT, healthcare, marketing, and business fields. Continuous learning and adaptation based on user feedback and market trends have been key principles guiding NativeX’s growth.

Trang Ly, Co-founder and Head of Growth and Engagement, proudly shares that 75% of MAU remains active on the platform after 7 months and those users typically spend 12-15 hours per month learning English. The platform has also gained trust from its user base which is reflected in the very high average order value, 2-3x compared to the EdTech industry average in Vietnam.

Founding Story and Future Plans: Building an Engaging Upskilling Education Platform

The founding of NativeX was inspired by the founders’ personal experiences and the recognition of the limitations of traditional learning methods. The team aims to build a highly engaging upskilling education platform for busy working adults, with English learning being the first vertical.

Looking ahead, NativeX plans to allocate 80% of the seed funding to accelerate product development. The company aims to launch a new conversational English program in June for intermediate-level users, incorporating soft skills training as well. Ms. Ai Chau emphasizes the uniqueness of their approach: “Why only English? Why can’t we learn English and something else useful at the same time?”

Vietnam has increasingly become an attractive destination for multinational corporations to outsource given its young population and political stability. This will certainly create many more higher paying jobs but also requiring a much higher English proficiency level to ensure higher quality of business and efficiency. In addition to support local workforce to capitalise on better employment opportunities in FMCG and Services sectors, NativeX also plans to collaborate closely with IT engineers to develop an ecosystem supporting their success in the global outsourcing IT market.

About NativeX

NativeX is a disruptive Vietnamese EdTech startup that aims to revolutionize English learning for working adults. Founded in April 2023, NativeX offers a comprehensive online platform that provides live classes taught by experienced foreign teachers. With its innovative and flexible group class model, NativeX creates a collaborative and supportive learning environment for professionals with busy schedules. The company is committed to helping working adults unlock their career potential through English proficiency. For more information, visit https://nativex.edu.vn/

Photo for press release: Link

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/nativex-vietnamese-edtech-startup-raises-4-million-in-just-8-months-to-revolutionize-english-learning-for-working-adults-302069833.html

SOURCE NATIVE X EDUCATION TECHNOLOGY JOINT STOCK COMPANY

Continue Reading

Technology

62% of financial services professionals say an AI-generated error has reached a client

Published

on

By

New Macabacus report finds AI adoption has outpaced the guardrails needed to keep client-facing models and documents accurate.

NEW YORK, Sept. 10, 2026 /PRNewswire/ — Macabacus, the leading M365 productivity platform for finance and professional services teams, today released the report: GenAI for Financial Services: Velocity and Verification. The report finds that AI now sits at the core of model creation and client presentation development, but most firms lack the review and verification layer needed to catch AI-generated errors before they reach clients.

New Macabacus report finds AI adoption has outpaced the guardrails to keep client-facing models and documents accurate

Drawing on a survey of Macabacus’ 75,000 users and analysis of conversations with hundreds of clients and prospects, the report quantifies the gap between how fast AI is being adopted and how slowly firms are building guardrails to ensure their clients can trust their deal content.

“AI is now involved in the majority of models and documents that reach clients, with 87% of firms saying they use AI daily or weekly for this work,” said Paul Ross, Chief Marketing Officer, Macabacus. “Deal teams should not slow down their use of AI. They need guardrails that let them move faster while maintaining accuracy and their clients’ trust. That is what Macabacus is built for.”

Key findings include:

62% of respondents believe an AI-generated error has reached a client or internal decision-maker in the past 12 months, with 46% saying an error has “probably” landed in a deliverable without anyone catching it.87% use AI daily or weekly to generate financial models and client presentations, but only 23% have comprehensive guardrails (approved tools, accuracy checks, brand compliance, and review workflows) in place.AI has created a divergence in confidence at the review handoff stage for models and presentations: 43% of analysts and associates say AI has made them more confident in their work, while only 29% VPs, directors, and MDs state the same. That leadership group is also 6 points more likely to say AI has made them less confident.

Download the report here:  https://macabacus.com/lp/2026-ai-report

About Macabacus

Macabacus is the leading Microsoft-native productivity platform for finance and professional services teams. When a deal document has to be right, professionals use Macabacus. Trusted by 3,000 firms and 75,000 users across investment banking, private equity, asset management, consulting, advisory, and corporate finance, Macabacus helps users rapidly create and check financial models and deal documents. By combining powerful productivity tools with AI-powered review and automation, Macabacus enables organizations to execute with greater speed, accuracy, and confidence. Learn more at www.macabacus.com

Media Contact

Paul Ross

paul.ross@macabacus.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/62-of-financial-services-professionals-say-an-ai-generated-error-has-reached-a-client-302874451.html

SOURCE Macabacus Inc.

Continue Reading

Technology

ChipMOS to Participate in UBS Taiwan Summit 2026

Published

on

By

HSINCHU, Sept. 10, 2026 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will present to institutional investors at UBS Taiwan Summit 2026, at the W Taipei Hotel on September 15 and 16, 2026.

Management from the Company, including Jesse Huang, Senior Vice President of Strategy and Investor Relations, will discuss the Company’s recent financial results, business trends and growth opportunities. The Company’s investor presentation is available on the investor relations’ section of its website at www.chipmos.com.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding current macroeconomic conditions, including the impacts of high inflation, foreign exchange rates and risk of recession, on demand for our products, consumer confidence and financial markets generally; changes in trade regulations, policies, and agreements and the imposition of tariffs that affect our products or operations, including potential new tariffs that may be imposed and our ability to mitigate with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, based on a number of important factors and risks, which are more specifically identified in the Company’s most recent U.S. Securities and Exchange Commission (the “SEC”) filings. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the SEC and in its other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

View original content:https://www.prnewswire.com/news-releases/chipmos-to-participate-in-ubs-taiwan-summit-2026-302873463.html

SOURCE ChipMOS TECHNOLOGIES INC.

Continue Reading

Technology

NGP VAN Overhauls Bulk Upload, Making a Critical Campaign Workflow Faster and Easier

Published

on

By

New experience catches errors before imports begin and reduces the manual work required to bring data into NGP VAN

WASHINGTON, Sept. 10, 2026 /PRNewswire/ — NGP VAN, the leading technology provider for Democratic and progressive campaigns, today announced major improvements to Bulk Upload, making one of the platform’s most frequently used workflows faster, more intuitive, and less prone to errors.

The improved Bulk Upload experience addresses longstanding pain points for campaign staff and data managers. The new workflow automatically detects the file type, identifies formatting and matching issues before an import runs, and intelligently maps spreadsheet columns to the appropriate fields in NGP VAN.

“Bulk upload is something we do constantly, and the struggle has always been real,” said Laurie Van Hall, Partner at Bee Compliance. “Smarter column mapping and catching errors up front before the import runs is the kind of upgrade that actually changes how a day goes. Really glad to see NGP VAN tackling this one.”

The improvements arrive as campaigns and organizations head into the busiest stretch of the election cycle, when the volume and urgency of critical data moving into NGP and VAN peaks. By surfacing potential issues before an import begins and reducing repetitive manual mapping, the redesigned workflow helps users spend less time troubleshooting uploads and more time acting on their data.

“The new Bulk Upload workflow lowers the learning curve for new NGP VAN users,” said Candy Emmons, Executive Director of the Democratic Party of Oregon. “With new people joining our team throughout the cycle, making these tools more intuitive helps staff become confident, independent users much more quickly.”

The updated experience includes:

Automatic file-type detection that eliminates the need for users to manually identify the data type they’re importing.Pre-validation checks that surface formatting and matching issues before an import runs.Improved column mapping that automatically matches spreadsheet columns to NGP VAN fields and reduces repetitive setup.A redesigned upload experience, with streamlined opening steps, a cleaner mapping screen, and a refreshed status page built on a modernized foundation.

“We’re hyperfocused on our users and how we can make their jobs easier every single day. Nearly every user I’ve spoken with has had something to say about Bulk Upload – and rarely was it good,” said Francis Brown, Senior Product Manager at NGP VAN. “We listened, pulled together a team, and went after the things that were creating the most frustration. This is exactly the kind of investment we want to make in the core NGP VAN experience – improving the workflows our users rely on every day. The response from beta testers has been incredibly encouraging, and I’m excited for users to get their hands on the new experience. “

The improved Bulk Upload experience does not change existing upload specifications, data models, field mappings, access permissions, or supported file formats. It will be optional at launch, and the existing Bulk Upload workflow will remain available.

About NGP VAN
NGP VAN is the winningest technology platform in the history of democratic and progressive causes, working tirelessly to innovate and advance the technology our clients rely on to bolster our democracy. A proud unionized employer, we help power the trailblazers, campaigners, and advocates fighting up and down the ticket for equality, racial justice, reproductive freedom, democracy, climate reform, and more—including the national Democratic committees and progressive organizations, thousands of Democratic campaigns, hundreds of labor unions, advocacy organizations, progressive and non-partisan PACs, and other organizations.

Press Contact:
Simone Hassan-Bey
NGP VAN
press@ngpvan.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ngp-van-overhauls-bulk-upload-making-a-critical-campaign-workflow-faster-and-easier-302874469.html

SOURCE NGP VAN

Continue Reading

Trending