Technology

SpotOn Powers Restaurants with Insights, Innovation, and Industry Growth in 2025

Published

1 year ago

April 14, 2025

New Product Enhancements and Faster Payment Flows Help Operators Improve Efficiency and Guest Satisfaction

SpotOn grows in popularity amongst restaurants committed to delivering unique, community-driven hospitality experiences.New financial insights help operators prepare for the future while improving profitability.Recent product innovations enhance operational efficiency and guest engagement for restaurant operators.

SAN FRANCISCO, April 14, 2025 /PRNewswire/ — SpotOn, a leading software and payments partner for restaurants and small businesses, enters 2025 with strong momentum driven by new client wins, expanded advisory expertise and key product enhancements. With a focus on helping restaurants navigate economic pressures and improve profitability, SpotOn has released tools for improved financial management and solutions for streamlined payment flows. These updates, combined with new partnerships with standout restaurants, reinforce SpotOn’s commitment to equipping operators with the tools and insights needed to thrive in 2025, no matter what comes their way.

Driving Innovation: New Product Launches and Enhancements

SpotOn continues to bring new updates to streamline operations, enhance guest experiences, and drive restaurant profitability. With enhanced automation, smarter financial tools, and expanded integrations, these advancements reflect SpotOn’s ongoing commitment to providing technology that helps restaurants operate more efficiently, maximize revenue, and deliver exceptional hospitality.

Quick & easy payment flow on Guest Facing Displays: Now, consumers can pay in just 3 simple taps with a streamlined payment flow designed for fewer steps, faster transactions and improved efficiency for consumers.Start a tab with 1 click: To simplify starting a tab in offline mode providing smoother operations and better overall experience for operators and guests.

Expanding the SpotOn Community: New Client Wins and Advisor Agreements

SpotOn is entering Q2 with strong momentum, building on a successful first quarter marked by exciting growth. With numerous standout restaurants choosing SpotOn as their technology partner, the company continues to differentiate itself as a trusted leader in restaurant technology with tech that works the way operators work and is built by people who live and breathe restaurants. Adding hundreds of clients each week, these new partnerships highlight SpotOn’s ability to support a wide range of hospitality operators—from beloved local establishments to multi-regional restaurant groups—helping them streamline operations, enhance guest experiences, and drive profitability.

Cafe Ficelle (Southern California) Family-owned and inspired by the Scofield Family’s extensive travels throughout Europe — particularly France — Café Ficelle has become a cherished spot in Thousand Oaks and Ventura. Known for their artisan breads, pastries, and carefully curated café experience, Café Ficelle brings a slice of European charm to Southern California. With SpotOn, they’ll be equipped to streamline operations and enhance the guest experience while preserving their commitment to quality and tradition.Cantina Louie (Florida and North Carolina): Since opening its doors in 2014, Cantina Louie has been dedicated to serving authentic Mexican street food with creative flair. Their commitment to high-quality ingredients and memorable dining experiences has made them a standout destination for tacos, cocktails, and more. SpotOn’s technology will empower Cantina Louie to simplify operations, enhance guest engagement, and continue delivering exceptional service.DAMARKOM (Oregon): A multi-concept collective in the coastal community of Seaside, Oregon with a wide array of offerings from pizzerias and fine dining to a candy shop and bowling alley including Sisu Brewing Co. and Finn’s Fish House.The Restaurant Collective at Bearizona Wildlife Park (Williams, AZ): Beyond its stunning wildlife encounters, Bearizona Wildlife Park offers guests a unique dining experience that complements their visit. Featuring rustic eateries that celebrate local flavors, Bearizona’s dining options provide a perfect spot for families and visitors to unwind and enjoy a hearty meal. By partnering with SpotOn, Bearizona’s dining venues will be equipped to streamline ordering, improve kitchen efficiency, and enhance the overall guest experience — ensuring every visitor leaves satisfied, both in adventure and appetite.Steve Sargent, The Stillery Group: As the newest member of SpotOn’s Advisory Group, Sargent joins a collection of restaurateurs and industry leaders dedicated to shaping the future of restaurant technology. As he implements SpotOn technology across his concepts, his insights into creating immersive dining experiences and his commitment to operational excellence will provide invaluable guidance as SpotOn continues to innovate and develop solutions tailored to the evolving needs of the restaurant industry.

SpotOn Shines Light on Financial Struggles and Growth Opportunities for Restaurants

SpotOn’s 2025 Restaurant Business Report released in March underscores the company’s commitment to equipping restaurant operators with the data, tools, and financial insights needed to navigate an increasingly competitive market. The report highlights the economic pressures, pricing challenges, and funding obstacles facing operators while offering actionable strategies to enhance profitability and drive long-term success. More than 90% of operators are concerned about changes in consumer spending habits, making demand harder to predict, but even more concerning only 15% of operators say they can easily access key cost projections, leaving many without a clear financial picture. By providing real-time financial reporting, smarter pricing strategies, and alternative funding solutions, SpotOn continues to support independent operators and strengthen their ability to compete in 2025 and beyond.

Looking Ahead

“As we head into Q2, we’re encouraged by the momentum restaurants have built in the first quarter,” said Lambert Walsh, Chief Customer Officer of SpotOn. “Despite ongoing challenges, operators continue to demonstrate resilience, creativity, and adaptability—factors that have driven strong performance across the industry. Our latest innovations, partnerships and resources are designed to build on this progress, equipping restaurants with the tools and support they need to sustain growth and deliver exceptional guest experiences in the months ahead.”

As the restaurant industry springs forward into Q2, SpotOn remains dedicated to delivering cutting-edge technology and strengthening partnerships that empower operators to flourish. Building on a strong start to the year, fresh innovations and new collaborations are set to drive even greater success in 2025, helping restaurants streamline operations, enhance guest experiences, and maximize profitability in the season ahead.

About SpotOn
SpotOn is one of the leading software and payment companies, providing the technology and support that helps local businesses—and the people who run them—to succeed on their own terms. Known for its flexible, cloud-based technology and personalized support, SpotOn offers an end-to-end platform to accept payments, boost revenue, streamline operations, and create exceptional guest experiences. From seamless and efficient point-of-sale systems to integrated restaurant management solutions, SpotOn builds technology that “works the way you work” and backs it up with a 24/7 team of experts that make sure it always does—with fairness, flexibility, and a personal touch. For more information, visit www.spoton.com.

Media Contact:
Megan Palmer
393280@email4pr.com
410-262-7349

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Technology

VERNAL CAPITAL ACQUISITION CORP. ANNOUNCES PRICING OF $100 MILLION INITIAL PUBLIC OFFERING

Published

5 hours ago

May 6, 2026

NEW YORK, May 5, 2026 /PRNewswire/ — Vernal Capital Acquisition Corp. (NYSE: VECA) (“Vernal”) announced the pricing of its initial public offering (the “IPO”) of 10,000,000 units at $10.00 per unit. The units are expected to trade on the New York Stock Exchange (“NYSE”) under “VECAU” beginning May 6, 2026. Each unit consists of one ordinary share and one right to receive one-fourth of one ordinary share upon consummation of an initial business combination. Upon separate trading, the ordinary shares and rights are expected to be listed on NYSE under “VECA” and “VECAR,” respectively.

D. Boral Capital LLC is acting as sole book-running manager of the offering. The underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover any over-allotments. The offering is expected to close on May 7, 2026, subject to customary closing conditions.

A registration statement for these securities was declared effective by the SEC on May 5, 2026. The offering is made only by means of a prospectus. Copies of the prospectus may be obtained, from D. Boral Capital LLC, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 970-5150 or by email at dbccapitalmarkets@dboralcapital.com.

This press release shall not constitute an offer to sell or to buy, nor shall there be any sale where such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws.

About Vernal

Vernal is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Vernal’s target search will not be limited to a particular industry or geographic region.

Forward-Looking Statements

This press release contains “forward-looking statements,” including statements regarding Vernal’s IPO. These statements are subject to risks and uncertainties that could cause actual results to differ materially. No assurance can be given that the offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, beyond Vernal’s control, including those in the Risk Factors section of Vernal’s registration statement filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Vernal disclaims any obligation to release publicly updates or revisions to any forward-looking statements to reflect any change in Vernal’s expectations, except as required by law.

Contact

Binghan Yi, CFO
binghan@vernal.com
www.vernalspac.com

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SOURCE Vernal Capital Acquisition Corp.

Technology

RIVANNA nominated for MedTech Scale-Up of the Year at MedTech World Awards 2026 | North America

Published

6 hours ago

May 5, 2026

Nomination places the Charlottesville-based company among growth-stage medtech leaders recognized for commercial momentum in AI-powered clinical decision support; public voting is open through May 8

CHARLOTTESVILLE, Va., May 5, 2026 /PRNewswire/ — RIVANNA®, developer of AI-powered clinical decision-support solutions, today announced that it has been nominated for MedTech Scale-Up of the Year at the MedTech World Awards 2026 | North America. Public voting is open through Friday, May 8, 2026, with category winners to be announced at the inaugural North American Awards Gala on May 11, 2026, at the Hilton West Palm Beach in Florida.

The MedTech Scale-Up of the Year category honors a growth-stage company successfully scaling revenues, partnerships, and adoption across the global medical technology ecosystem. Nominees across the program’s 22 categories were selected through a structured process led by the MedTech World Steering Committee, with category winners determined by a combination of expert evaluation and public voting from the global MedTech community.

“We have built RIVANNA on validation earned from the most rigorous technical buyers in healthcare: competitive federal awards translated into FDA-cleared products, each paired with a commercial program that meets clinicians where they work,” said Will Mauldin, PhD, Co-founder and CEO of RIVANNA. “Being nominated for MedTech Scale-Up of the Year is a meaningful affirmation of that approach and the team executing it.”

Public voting closes Friday, May 8, 2026. Members of the MedTech community are invited to support RIVANNA’s nomination at the official voting page: vote here.

The award nomination follows a year of measurable scaling for RIVANNA:

In October 2025, RIVANNA reported on being named a finalist in MedTech Innovator’s 2025 Early-Stage Grand Prize competition, selected from nearly 1,500 global applicants to represent the top 4% of medtech innovations worldwide.In December 2025, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of its Accuro® 3S Needle Guide Kit consumables, building on existing Accuro 3S device clearance.In April 2026, RIVANNA reported on peer-reviewed findings, published in 2025 in the Journal of Emergency Medicine (DOI: 10.1016/j.jemermed.2025.11.011), showing that the Accuro® XV musculoskeletal imaging system enables non-physician operators to acquire diagnostic-quality scans after just one hour of hands-on training.In May 2026, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of the Accuro® XV Diagnostic Ultrasound System for musculoskeletal imaging, authorizing commercial use across hospital and clinic settings.The company’s clinical program now spans eight sites nationwide with more than 1,500 patients enrolled.

The 2026 MedTech World Awards | North America, powered by Blue Goat Cyber, will be presented Monday, May 11, 2026, at the inaugural North American Awards Gala at the Hilton West Palm Beach, marking the first time the MedTech World Awards have been hosted in the United States.

About the MedTech Scale-Up of the Year Award
Presented by MedTech World, the MedTech Scale-Up of the Year category recognizes growth-stage medical technology companies demonstrating strong commercial momentum, expanding partnerships, and accelerating real-world adoption. The award is one of 22 categories spanning innovation, clinical excellence, regulatory strategy, investment, and leadership across the global MedTech ecosystem.

About RIVANNA
RIVANNA® is a medical technology company developing clinical decision-support solutions powered by proprietary clinical datasets, AI models, and purpose-built imaging hardware. The company’s platform automates complex anatomical analysis at the point of care, enabling faster, more confident clinical decisions while reducing variability and expanding access to advanced capabilities. The first applications target significant market opportunities in regional anesthesia and fracture care. RIVANNA has built a proven FDA regulatory track record across its Accuro® platform, with device clearances for Accuro® 3S (spinal needle guidance) and Accuro® XV (musculoskeletal imaging), a portfolio of supporting cleared consumables, and AI software modules advancing through regulatory review. The company is backed by 100+ patents and validated through clinical partnerships with leading academic medical centers. RIVANNA is headquartered in Charlottesville, Virginia, and operates an FDA-registered, ISO 13485:2016-certified manufacturing facility. Learn more at rivannamedical.com.

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Technology

D2L Launch Week Highlights Latest Product Releases

Published

6 hours ago

May 5, 2026

Latest innovations are designed to save time, simplify workflows, and help drive better learning outcomes

TORONTO, May 5, 2026 /PRNewswire/ – D2L, a global leader in learning innovation, hosted its first-ever D2L Launch Week, a four-day virtual webinar series spotlighting the company’s latest product innovations across D2L Brightspace in 2026.

Throughout the week, D2L showcased a range of product releases through live demos and practical customer use cases, highlighting how institutions, school districts and organizations can help to drive engagement and improve learning outcomes. The featured updates include enhancements to D2L Lumi for idea generation, intervention suggestions, quiz creation and summarization; tools to strengthen parent and guardian outreach; and administrative capabilities designed to help large organizations delegate course and configuration management more effectively.

“We’re proud to showcase the ways D2L continues to innovate to help make learning more personalized, efficient, and scalable,” said Christian Pantel, Chief Product Officer at D2L. “From new D2L Lumi features to enhanced communication tools and more flexible distributed administration capabilities, these updates are designed to help our customers save time, improve usability, and deliver better learning experiences at scale.”

Enhancements to D2L Lumi

Among the new capabilities were several updates to D2L’s AI-native tool, D2L Lumi, designed to improve usability, transparency, and alignment across workflows, including:

D2L Lumi Ideas: Generates assignment and discussion ideas directly within Brightspace, making it easier to generate high quality content aligned to learning outcomes.D2L Lumi Insights: Gives educators access to learning intervention suggestions, designed to provide recommended next steps based on learner data.D2L Lumi Quiz: Helps educators generate questions from multiple course content topics and includes a more streamlined question-generation workflow.D2L Lumi Summary: Supports summarization from more content sources, including nested submodules, and can give educators the ability to preview and adjust source text before summarization.

Updates to Parent and Guardian Communications

D2L also introduced new parent and guardian communication enhancements to help K-12 educators strengthen engagement beyond the classroom. Teachers can now send bulk emails to all parents and guardians associated with students in their class. For individual student outreach, teachers can also email parents and guardians of a specific learner, making it easier to share timely updates on student progress and classroom activity.

Manage Distributed Administration at Scale

Distributed Administration gives organizations more flexibility to delegate administrative responsibilities across organization levels. With Distributed Administration, administrators can manage specific areas, enabling them to oversee courses while helping to reduce bottlenecks and free up time.

Learn more about the latest product releases showcased at D2L Launch Week.

About D2L
D2L is transforming the way the world learns, helping learners achieve more than they dreamed possible. Working closely with customers all over the world, D2L is on a mission to make learning more inspiring, engaging and human. Find out how D2L helps transform lives and delivers outstanding learning outcomes in K-12, higher education and businesses.

The D2L family of companies includes D2L Inc., D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, D2L India Pvt Ltd, D2L Brasil Soluções de Tecnologia para Educação Ltda and D2L Sistemas de Aprendizaje Innovadores, S. D2 R.L de C.V., and H5P Group AS.

All D2L and H5P marks are owned by the D2L group of companies. Please visit D2L.com/trademarks for a list of D2L marks. All other trademarks are the property of their respective owners.

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