Connect with us

Technology

m]x[v Capital Launches with $52M Debut Fund

Published

on

Mark Ghermezian, co-founder and former CEO of Braze, announces the launch of his venture capital firm focused on investing in the next generation of cloud disrupters.

NEW YORK, May 18, 2023 /PRNewswire/ — Today, m]x[v Capital (“m]x[v”), an early-stage venture capital firm announced the close of its over-subscribed debut fund at $52 million in capital commitments. The fund invests in early-stage (pre-seed, seed) B2B enterprise SaaS companies that are founded by dedicated, tenacious leaders who are paving the way for the next generation of cloud disrupters. m]x[v is supported by a strong roster of former founders, limited partners, including Bain Capital Ventures, Cendana Capital, Pritzker Group, K5 Global, Social Leverage, and notable General Partners of top-tier funds and family offices.

 

Founded by Mark Ghermezian, an angel investor and co-founder/former CEO of Braze (BRZE) (a lifecycle marketing platform that IPO’d in November 2021), Ghermezian is focused on bringing a founder and operator perspective to the cap table. Having navigated the many hurdles of launching, scaling, and growing a company, he is passionate about helping founders navigate the early days of starting a business by offering his experience and expertise to help their companies scale. As an angel investor, Ghermezian was an early investor in companies such as Nutanix (IPO), Lattice, Thoughtspot, Outreach, Rubrik, Wag (IPO) and Riskified (IPO), along with 50 other investments, largely focused on SaaS. 

m]x[v has built a strong community of Limited Partners and “friends of the fund,” many of whom were former founders that led companies from ideation to IPO. Ghermezian’s contribution to the startup community landed him a place in Signature Block’s 2022 Emerging 50 Manager list, a select group of the venture industry’s newest fund managers that provide real value to their investors and the founders they have backed.

“I love building companies and bringing people together to solve massive problems. I did this at Braze and throughout my career as an angel investor. Launching m]x[v enables me to dive in and support each of my portfolio companies and the founders. It’s the early days when founders need the most support to unlock product market fit, hire the right people, develop a pricing strategy, establish a go to market plan, and more. I went through ALL of this at Braze. I feel like a co-founder with each of our portfolio companies, and could not be more excited to officially launch m]x[v,” said Ghermezian. “We want to be the best partner to our founders, and be the fund all SaaS founders think of when they are raising their pre-seed or seed rounds.”

m]x[v takes an active, hands-on founder and operator approach, working closely with its portfolio companies as a strategic partner in their growth and evolution. The m]x[v team offers a diversified set of resources outside of just capital – mentorship, support at each company inflection point, and access to an extensive network developed during Ghermezian’s 15+ years in the industry.

“m]x[v has been instrumental in everything an early-stage startup needs,” commented Farrukh Mahboob, Founder & CEO of m]x[v portfolio company, PackageX. “Mark and the m]x[v team have provided incredible support, serving as our most valuable resource on GTM strategy, customer introductions, and growth plans which helped us close our follow-on round.”

To date, the fund has made 17 investments. The team has been writing checks from $500K to $1.5M, targeting 10% ownership in companies that provide real value for the enterprise. Out of the 17 investments, Ghermezian has incubated two companies within m]x[v, Gynger (a fintech financing B2B SaaS contracts for SMBs) and Tildei (a conversational first lifecycle marketing platform) where he had strong conviction in the market demand for the product offerings.

m]x[v is focused on investing in industry disruptors, and their portfolio includes high-growth investments with strong founders such as DevRev (the world’s first Dev CRM platform founded by the former founders of Nutanix (NTNX) that IPO’d in September 2016), PackageX (the first cloud platform driving the future of first-to-last yard logistics), Novu (an open-source unified API making it simple to send notifications through multiple channels –  ranked as one of Github’s 2022 most used contributions), and Mailmodo (an email marketing solution enabling companies to create and send app-like interactive AMP emails). 

m]x[v has also completed several SPVs, including leading Apploi’s Series B round (an all-in-one platform built to help you attract, hire, and manage top healthcare talent) and participating in Postscript’s Series C round (an SMS marketing platform empowering brands to better communicate with their end customers). Both are innovative SaaS companies in their respective industries. 

“As the founder and former CEO of Braze, Mark has tremendous experience as an operator that can grow and run a successful business. He has a unique lens as a SaaS founder-turned-investor which allows him to unearth exceptional investment opportunities,” said Michael Kim, Founder of Cendana Capital (LP).

The m]x[v team has grown to six professionals and operates out of its office in Chelsea, New York, which it shares with its two incubated companies.

“We have built a fantastic community of founders and investors, and we are just getting started,” highlighted Ghermezian. “We focus every day on helping our founders build their vision, product, go-to-market strategy, and teams. To us, success means our portfolio companies have the tools and knowledge to accelerate their businesses and get to the next stage. We are grateful to have the support from such high-quality investors who share our vision.”

ABOUT m]x[v CAPITAL

m]x[v Capital is an early-stage debut venture fund focused on funding and founding the future of cloud. The fund is dedicated to supporting tenacious founders who are paving the way for the next generation of B2B enterprise SaaS. The leadership team is led by experienced entrepreneurs and operators who have a proven track record of building successful companies. The team leans in heavily with its portfolio companies to ensure they are providing true support and insights as our founders embark on the early days of building a business.

Contact
m]x[v Capital
info@mxv.vc

View original content to download multimedia:https://www.prnewswire.com/news-releases/mxv-capital-launches-with-52m-debut-fund-301827865.html

SOURCE m]x[v Capital

Continue Reading

Technology

Agoda Unveils South Korean Travelers’ Top Domestic and International Destinations for Chuseok Holiday

Published

on

By

– Fukuoka, Tokyo, Osaka, Da Nang, and Nha Trang topped overseas destinations, while Jeju, Busan, Seoul, Sokcho, and Gyeongju led domestic hotspots  

SEOUL, South Korea, Sept. 6, 2026 /PRNewswire/ — With the Chuseok holiday around the corner, South Korean travelers are already making plans to make the most of the four-day break. According to digital travel platform Agoda, accommodation searches for international and domestic destinations have increased by 38% and 160%, respectively, compared to two weeks before the holiday period.

Based on accommodation searches made by South Korean travelers between May to mid-August 2026, Agoda found that Japanese destinations dominated the list of the most-searched overseas destinations for the Chuseok holiday. Fukuoka ranked first, followed by Tokyo and Osaka. Beyond Japan, Vietnamese destinations also proved popular, with Da Nang and Nha Trang rounding out the top five. The findings highlight South Korean travelers’ continued preference for short- and mid-haul destinations, where they can enjoy a combination of cultural experiences and seaside leisure.

Due to its proximity to South Korea with an average flight time of just 1.5 hours from Seoul, Fukuoka is one of the most accessible Japanese destinations for South Korean travelers. The destination is expected to become even more accessible with Eastar Jet’s expanded services on the Incheon–Fukuoka route through October 24, and the Busan–Fukuoka route from August 29 to October 24, covering the Chuseok holiday period.

For those making travel plans closer to home, Jeju ranked as the most-searched domestic destination, with a 131% increase in travel interest, followed by Busan (147%), Seoul (64%), Sokcho (324%), and Gyeongju (222%). Sokcho, which recorded the strongest growth in search interest among the top 5 domestic destinations, saw tourism expenditure by South Korean travelers increase by 8.2% year-on-year in the first half of 2026, according to the Korea Tourism Organization. The high growth in interest in Sokcho’, driven by its diverse mix of mountains, beaches, lakes, culinary experiences and cultural attractions, suggests that the destination could see continued visitor demand through the second half of the year, including during the Chuseok holiday period.

Gyeongju, which ranked fifth, continues to attract South Korean travelers with its historic sites and rich cultural heritage. The city’s appeal could be further boosted by expanded KTX and KTX-Eum services scheduled to begin in September, offering travelers improved rail connectivity during the autumn travel season.

Alex Park, Country Director, South Korea at Agoda shared, “As the Chuseok holiday approaches, South Korean travelers are showing strong interest in nearby destinations, with domestic travel seeing particularly strong demand. As a global travel platform, Agoda is committed to supporting travelers with diverse preferences by offering great deals on flights, accommodation, and activities, whether they are looking to explore destinations overseas or closer to home.”

As South Korean travelers finalize their Chuseok holiday plans, Agoda continues to offer a seamless booking experience across more than six million holiday properties, 130,000 flight routes, and 300,000 activities worldwide. To find the best deals for autumn travel to Asia and beyond, visit Agoda.com or download the Agoda mobile app. As part of Agoda’s August Mega Sale, travelers can enjoy up to 60% off on hotel bookings during the main sale through 31 August.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/agoda-unveils-south-korean-travelers-top-domestic-and-international-destinations-for-chuseok-holiday-302867025.html

SOURCE Agoda

Continue Reading

Technology

TECNO Wins Two IFA Global Product Technology Innovation Awards for Modular Phone and Tonino Lamborghini TECNO TAURUS

Published

on

By

BERLIN, Sept. 5, 2026 /PRNewswire/ — TECNO, a global AI-driven innovative technology brand, achieved two IFA Global Product Technology Innovation Awards at IFA 2026:

Tonino Lamborghini TECNO TAURUS took the Miniaturized Gaming PC Technology Innovation Gold Award, standing out with its Italian aesthetics and exceptional performance in the compact body. The TECNO Modular Phone was honored with the Ultra-Slim Magnetic Modular Technology Innovation Gold Award, praised for its ultra-slim craftsmanship and unique modular magnetic technology.

These awards once again demonstrate TECNO’s sustained breakthroughs in product innovation and industry-leading craftsmanship in design excellence. The Global Product Technology Innovation Awards were established in 2014 by IDG, IFA, and DIHK to celebrate excellence across the global consumer electronics industry. The awards honor products that set new industry benchmarks and drive innovation through intelligent technology and user-centric design.

TECNO Modular Phone: The World’s Thinnest Modular Smartphone

At just 4.9mm, the TECNO Modular Phone is powered by proprietary Modular Magnetic Interconnection Technology. It combines a precision magnetic array with pogo-pin connectors, offering a flexible ecosystem for different needs. The host retains a 3000–4000mAh battery, while modules draw power directly for a snap-and-go experience. It also resolves the inherent conflict between rising AI computing demands and limited device space.

The technology has earned over 20 accolades from leading media, with CNET and Yanko Design naming it the Best of MWC 2026, and The Verge recognizing it as the Best Mobile Tech at MWC 2026.

Tonino Lamborghini TECNO TAURUS: One of the World’s Smallest Water-Cooling Gaming Mini-PCs

At around 6.36 liters, the panoramic transparent chassis of the Tonino Lamborghini TECNO TAURUS fuses iconic Italian design with raw engineering. Powered by the Intel® Core™ i9-13900HK and NVIDIA® GeForce RTX™ 5060 (614 AI TOPS, 145W TGP, DLSS 4), it achieves the pinnacle of performance, providing a high-fidelity gaming experience and high-efficiency AI workstation. The water-cooling system sustains peak frequencies, while 15 ports and WiFi 6E deliver connectivity. It was recognized with Yanko Design’s Best of MWC award.

In addition, TECNO made waves at IFA with the Next-Gen Bezelless Concept Phone featuring a revolutionary 0mm screen bezel, and the convertible laptop MEGABOOK T15 360 Pro. Relentlessly pushing the boundaries of design, performance, and AI innovation, TECNO is pioneering limitless possibilities for futuristic technology.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/tecno-wins-two-ifa-global-product-technology-innovation-awards-for-modular-phone-and-tonino-lamborghini-tecno-taurus-302870739.html

Continue Reading

Technology

Morpho UV Printer Unveiled at IFA with Hands-On Live Creation

Published

on

By

BERLIN, Sept. 5, 2026 /PRNewswire/ — Morpho, a company specializing in UV printing technology, is showcasing its first desktop UV printer at IFA 2026, Hall 17-196. Visitors are observing Morpho’s colorful, textured prints, and some have the opportunity to print on a range of blank materials provided.

Morpho’s desktop UV printer can print on a wide range of materials, including wood, glass, leather, metal, and more, delivering vivid colors and tactile textures for customized results. At IFA 2026, the booth attracted interest from creators, educators, and technology professionals, who gathered to watch live demonstrations.

Among those who have tried Morpho’s printer, three aspects are most frequently highlighted: print quality, the moving gantry design, and overall ease of use.

Visitors are first drawn to the prints, which feature precise color reproduction and finely detailed textile textures. With G7 Master ColorSpace certification, Morpho ensures consistent tones across different pieces. The same level of precision is evident in the raised textures created by the industrial-grade printhead, which builds fine layers of ink for detailed, tactile surfaces. The printhead maintains fast carriage motion speeds of up to 600mm/s while preserving precise detail.

Attendees have also noted the printer’s compact desktop footprint. With its moving gantry architecture—where the entire gantry moves along both axes—the printer offers a large, fully enclosed print chamber that accommodates various objects while remaining desktop-friendly.

First-time users have given positive feedback on Morpho’s usability. The integrated Stereo Vision Smart Alignment™ System quickly captures an object’s height and contours, while Morpho Studio’s guided workflows help users move from idea to print with minimal setup.

Morpho’s team shared that the program has been in development for several years, with the goal of making UV printers a practical tool for everyday creative use. Founder Mingyu “Brett” Wang, formerly Global VP of R&D at DJI, commented, “We communicate directly with our community, listen to feedback, and make fast improvements.”

Ahead of IFA, Morpho’s Kickstarter campaign surpassed $10 million in support from over 2,800 backers worldwide. The company is committed to further developing its proprietary core technology and delivering reliable engineering for creators, makers, and small businesses.

Visit Morpho’s website to learn more.

About Morpho: Morpho develops desktop UV printers that bring industrial-grade printing and coloring to everyday materials, enabling creators to turn almost any physical surface into a canvas for their ideas.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/morpho-uv-printer-unveiled-at-ifa-with-hands-on-live-creation-302870741.html

Continue Reading

Trending