A ROUNDUP OF THE LATEST NEWS FROM ACME AND OUR PORTFOLIO
IonQ To Become The First Publicly Traded Pure-Play Quantum Computing Company
IonQ and special purpose acquisition company dMY Technology Group, Inc. III (NASDAQ: DMYI, DMYI.U) announced a definitive business combination agreement. The transaction reflects an implied pro-forma enterprise value for IonQ of approximately $2 billion.
“This transaction advances IonQ’s mission, to solve critical problems that impact nearly every aspect of society,” said Peter Chapman, CEO & President of IonQ. “With our key strategic partners, such as Breakthrough Energy Ventures, Hyundai Motor Company and Kia Corporation, we look forward to leveraging the power of quantum computing in the fight against climate change and to solve vexing problems from materials design to logistics that impact the transportation industry.” IonQ
Doctor On Demand is Merging with Grand Rounds to Create a First of its Kind Patient-Centric Integrated Virtual Healthcare Company
“We’re building a next-generation virtual care company with a nationwide practice of diverse, dedicated providers and a multidisciplinary care team,” said Hill Ferguson, CEO of Doctor On Demand. “By fully integrating medical and behavioral healthcare with clinical navigation, we’re impacting healthcare where it actually happens—between a patient and their provider—and ensuring that experience is seamless, personalized, and can follow the patient wherever they go.” Business Wire
Cue Health receives expanded FDA Emergency Use Authorization to become the first molecular COVID-19 testing system authorized for over-the-counter at-home use.
“The authorization of this new diagnostic test underscores FDA’s goal to continue supporting innovation in testing and providing flexibility to test developers with the aim of increasing the availability of accurate and reliable tests for all Americans,” said Acting FDA Commissioner Janet Woodcock, M.D. FDA
ACME is pleased to announce our lead investment in Symbio, an AI-enabled robotics company advancing industrial automation. From subassembly to final assembly, Symbio’s software supports automation that can adapt to variations in processes, reducing downtime and automating tasks that in the past would have been impossible.Venture Beat
Astra is awarded a contract to launch storm observation satellites for NASA TechCrunch, and CEO Chris Kemp talks about the company’s 100 year plan. Space News
DraftKings partners with mixed martial arts organization UFC to become its exclusive sportsbook and daily fantasy sports partner, announces app integration on the DISH TV Hopper platform CNBC, and adds baseball legend Cal Ripken, Jr. as a special advisor. DraftKings
IPSY launches a limited-edition collaboration with Khloé Kardashian. PR Newswire
Forbes releases its second-annual ranking of America’s best startup employers, and ACME portfolio companies Curology (#4), Doctor on Demand (#163), OpenGov (#288), and Ipsy (#328) make the list. Forbes
Hany speaks with CNBC's Squawk Alley about the difference between short-term trading and long-term investing. CNBC Squawk Alley
FOOD FOR THOUGHT:
THINGS THAT MAKE US THINK, MATTERS OF DEBATE, EXISTENTIAL INSPIRATION
"The work of art in the age of blockchain reproduction" Fortune
Below are a few of the outstanding women of the ACME portfolio.
Liz Meyerdirk, CEO of The Pill Club
The Pill Club is democratizing access to affordable reproductive care through online birth control prescription and delivery service in the US.
"We need sustained, long-term access to women's healthcare...and we need coverage for essential health services like birth control and prenatal care, regardless of whether or not you're insured." - Liz
Carolyn Witte, Co-Founder & CEO of Tia
Tia is pioneering a new paradigm in healthcare for women rooted in access to personalized and high-quality care, science-backed information, and community.
"Women's healthcare is broken. Tia aims to flip healthcare on its head through products and services designed to help women make independent and data-driven decisions for their own bodies and lives." - Carolyn
Robyn Rihanna Fenty, CEO & Creative Director of SxF
Savage x Fentycelebrates fearlessness and inclusivity through intimates designed to ensure everyone, regardless of gender or body type, can feel confident.
"Inclusivity for me has always been something second nature. I want to make stuff that I can see on the people that I know and they come in all different shapes, sizes, races, religions." - Rihanna
Jennifer Hyman, Co-Founder & CEO of Rent the Runway
Rent The Runway's mission is to make women feel empowered and self-confident every single day. Its online services allows customers to rent designer clothes through a variety of subscription plans or for one time occasions.
"As opposed to thinking about ourselves as disrupting the fashion industry, we're thinking about ourselves more broadly - about disrupting the closet and how you get dressed." - Jennifer
Eugenia Kuyda, Co-Founder & CEO of Replika
Replikais building AI companions to help tackle loneliness and encourages self-expression in a safe space.
"We really want it to be a healthy relationship. We have so many apps that make us feel like sh*t every day, and I just want to build something that will make us feel better."