What's new at ACME this month?
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01
THE LATEST NEWS FROM THE ACME PORTFOLIO
Brightside Health Raises $50 Million in Series B Funding
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Brightside Health, a San Francisco based telemedicine platform that offers fast access to personalized treatment, expert providers, and ongoing support for a range of mental health concerns, announced their $50 million Series B funding to address the unmet need of quality mental health care for all.

“We at ACME are proud to be part of the Brightside Health journey as the company advances the landscape around mental health from access to sustainable, quality clinical outcomes. That the company wants to underwrite population risks says it all.” - Aike Ho, Partner, ACME Capital. Brightside Health
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IonQ’s Aria system has hit the 20 algorithmic qubit level – a measure which is said to reflect a quantum computer’s qubits actual utility in real-world settings. IonQ Aria, is now also available on Microsoft’s Azure Quantum platform. VentureBeat
 
IonQ was also named as one of TIME’s 100 most influential companies, recognized for leadership in commercializing the power of quantum computers to solve some of the world’s most pressing problems. BussinessWire
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Astra announced their electric propulsion system contract with Leostella. Astra will provide multiple Astra Spacecraft Engines for LeoStella, who designs and manufactures operational satellites that are cost effective and at scale. Astra
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Braintrust continues to redefine the future of work and adds grant job type partnerships to become the best place to get hired in Web3. Braintrust

Additionally, Braintrust CEO Adam Jackson spoke with Good Morning America on the “debate over how cryptocurrency could be used in the future.” Good Morning America
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SoLo Funds releases its new digital SoLo Wallet, which aims to make it easier for users to add funds to the platform to send loans and to have a secure place to access funds. ZDnet
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Mukund Goenka, Co-founder and CEO of Regology, spoke with Crunchbase news on the growing compliance tech industry. Crunchbase News
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With the assistance of Symbio, Toyota is applying autonomy and artificial intelligence (AI) to manufacturing. Forbes

Max Reynolds, CEO of Symbio Robotics, spoke with Assembly Magazine about how humans and robots are now collaborating on the automotive assembly line. Assembly Magazine
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Marc Piette, CEO and founder of Xwing, speaks with Flying Magazine on the future of air transportation being autonomous. Flying Magazine

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Cue Health and BioReference Laboratories bring point-of-care solutions to the clinical setting. Cue Health debuts Cue Clinic dashboard to give health providers more choice and control over patient care through BioReference's product offering. Cue Health
 
Major League Baseball (MLB) also expanded its partnership with Cue Health to offer league-wide COVID-19 testing for the 2022 season. Hit Consultant
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BFA launched its sixth edition of IPSY’s Glam Bag X with Madelaine Petsch, named as the newest celebrity curator. 

PR Newswire
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Robinhood adds four new tokens to its trading platform, further expanding into the world of crypto. Yahoo!

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AviaGames helps gamers put the brakes on surging gas prices with “Bingo Clash Gas Giveaway", an in-game event offering new players opportunities to win fuel gift cards and prizes, as gas costs surge across the U.S. PR Newswire
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ACME NEWS
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Investing in AI to Shape the Future of Healthcare- Forbes, InnovationRx: AI In Healthcare; Plus, Return Of The Mask?  04.13.22


“What will actually get you to win as an AI company [in healthcare] is distribution and adoption,” said Aike Ho, a partner at ACME. “It almost doesn't matter if your tech is the best … whereas so much of the tech generalist land of things, it's about how proprietary is your technology.”

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Co-Founder Hany Nada described ACME’s investment strategy in a Q&A session with Hello Tomorrow 


Hany also discussed the current market slowdown, what other investors learn from other downturns, and what should worry them now. Crunchbase
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Scott's keynote fireside chat with Braintrust’s Adam Jackson at Startup Grind.  Startup Grind 04.12.22
 
Scott: "There's a little bit of a debate as we all know online about who owns Web3, and is this just another scam of the VCs to control the world. Do you believe that?" 
 
Adam: "... The Web3 model just inverts that playbook. Right, raise as little money as possible, pick your investors wisely, and pick investors who can actually help you build the network .... In both equations Venture Capital is completely necessary...
 
Scott and ACME co-led our Series A at Braintrust with another firm called Blockchange, Ken Seiff. This was traditional great marketplace VC combined with a pure crypto VC co-led this Series A. Only 21 million dollars, so it's a small A. But we got both of them who just rolled up their sleeves and leaned in. Braintrust is now a massive talent providers to banks, to fintech, Goldman Sachs is a huge client. Wouldn't have had that without Scott."
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FOOD FOR THOUGHT:
THINGS THAT MAKE US THINK, MATTERS OF DEBATE, EXISTENTIAL INSPIRATION
The Resurrection of Retail The Atlantic 
 
The complicated politics of crypto and web3 The Economist
 
Axios-Momentive poll: Young people are the biggest "techno-optimists" Axios
 
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