Venture News

Over 8 million Americans go to the ER each year for chest pain, making it the second-largest cause of emergency visits. Though very few of these visits result in life-threatening situations, all patients must undergo lengthy observation and testing at a considerable expense to clinicians and hospitals. Beyond the waste of resources, testing low-risk patients can even lead to needless risks and unnecessary care costs with little value.

If there’s one constant in the world of connected technology, it’s that change is inevitable. Hardware and software protocols are drafted and retired; manufacturers strive to keep pace with demand from retail consumers, corporations, and governments; and the envelope for speed and reliability is constantly pushed. Today’s leading-edge devices can become little more than a paperweight in five years’ time.

The U.S. imposes various regulatory requirements on financial institutions and entities participating in the transfers of money as part of their businesses. As an investment advisor, Alumni Ventures is required to have anti-money laundering (“AML”) and know your customer (“KYC”) programs so that we do not facilitate money laundering — and can demonstrate that we have taken appropriate steps in that regard, including confirmation of customer identity.

AVTV features Inkbit, the developer of a multi-material 3D printing system for advanced additive manufacturing. AVTV videos feature Alumni Ventures’ portfolio companies sharing their stories and asks with our community.

Between 2019 and 2020, approximately 21% of adults (over 50 million Americans) experienced a form of mental illness — and over half did not receive treatment. Similarly, 93.5% of adults with a substance use disorder did not receive treatment in the past year. Those statistics help explain why a majority of Americans believe that reducing healthcare costs and dealing with drug addiction are top priorities the nation should address.