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Why over 100 million athletes are hooked on Strava

Over 100 million athletes worldwide use Strava to track their activities and connect with other athletes. In this article, we’ll dive into how Strava uses communities and psychological principles to keep users engaged and motivated. At the heart of Strava’s social engagement is the activity feed. Let’s break it down into components: Activity titles Being […]

Northern Edge Advisors Represents Amran and Narayan in $462 Million Sale to Standex

Article content NEW YORK — Northern Edge Advisors served as the exclusive financial advisor to privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd. (“Amran/Narayan Group”) in the sale to Standex International Corporation (NYSE: SXI). Structured as the simultaneous sale of two separate companies, the acquisitions are the largest in Standex’s history, with […]

Robot AI startup Physical Intelligence raises $400 million from Bezos, OpenAI By Reuters

(Reuters) – Physical Intelligence, a startup that is developing foundational software for robots, said on Monday it has raised $400 million in early-stage funding from Amazon (NASDAQ:)’s Jeff Bezos, OpenAI, venture capital firms Thrive Capital and Lux Capital. The new funds were raised at a $2 billion valuation, PitchBook data showed. Physical Intelligence is seeking […]