What's new at ACME this month?
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THE LATEST NEWS FROM THE ACME PORTFOLIO
Forma.ai Raises $45 Million in Series B Funding
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Forma.ai, a Sales Performance Management solution (SPM) revolutionizing how sales compensation is designed, managed, and optimized, successfully raised $45 million in a Series B financing led by ACME, along with Crosslink Capital, Golden Ventures, Uncork Capital, Xfund and Gaingels. Forma.ai

"We are excited to lead Forma.ai's Series B as they deliver an entirely new paradigm for how sales compensation is designed and executed within large enterprises. Their unified data platform significantly reduces the manual and administrative work required to maintain comp plans while providing real-time transparency to empower sales teams to maximize their output. As one customer put it, ‘Forma.ai's technology is 3-5 years ahead of the industry’." - Brian Yee, Partner, ACME Capital. PR Newswire


Learn more about why ACME invested. ACME news

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IonQ unveiled its next generation quantum computer - IonQ Forte, which represents a leap forward in flexibility, precision, and performance. IonQ
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Tia expanded its women's health clinics into the Bay Area, opening its flagship San Francisco clinic through its partnership with UCSF Health. Tia and UCSF Health plan to develop a new network of clinically integrated clinics together, forming a cornerstone of a Bay Area women’s healthcare network that increases access to high-quality care with an exceptional experience. Fierce Health
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Following Astra's first  SpaceTech Day held at its Alameda, CA headquarters, TechCrunch describes how the company is playing the long game toward its goal of achieving a daily launch cadence.

 

Astra also announced a partnership with SaxaVord UK Spaceport to increase access to space by providing dedicated orbital launch services to a growing satellite market. Together, they are expected to accelerate access to space for customers launching in the UK. Astra

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Cue Health made de novo submission to FDA for full clearance of its molecular COVID-19 test. Cue Health
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XWing was named as a finalist in the 28 transportation innovations that could change the ways we get around, for their Autonomous Gate-to-Gate Flight Technology. FastCompany

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Slync.io was recognized as a Top 100 Logistics IT Provider for 2022 by Inbound Logistics.

Slync.io
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Wag! announced their exclusive partnership with Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, to bring dog walking services to guests nationwide. Hospitality Net

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Quip acquired Toothpic, a leading telehealth company offering teledental services and care to more than 36 million Americans through partnerships with premier dental insurers. PR Newswire
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Jon Karafin, Co-Founder of Light Field Lab, shares how the company’s technological innovation will shake up how we connect and communicate with each other. Medium
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Rent the Runway Co-Founder Jennifer Fleiss spoke to Inc. magazine about the future of fashion and Web3. Inc.
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AviaGames welcomed Jiangbo Tian as director of data intelligence. Jiangbo will be responsible for the ongoing design and development of Pocket7Games' data architecture and its associated components to support the unique social competition platform. PR Newswire
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FOOD FOR THOUGHT:
THINGS THAT MAKE US THINK, MATTERS OF DEBATE, EXISTENTIAL INSPIRATION
What is Web3?  Harvard Business Review
 
AI is changing the way people relate to other beings The Economist
 
Why can’t Gen Z—the world’s most eco-conscious generation—quit fast fashion? Fortune
 
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Important InformationThe portfolio companies referenced herein are not representative of all investments in vehicles managed by ACME Capital and there can be no assurance that the investments referred to are, or will be, profitable. More information on the investments made by funds managed by ACME Capital is available here: https://www.acme.vc/our-portfolio/.The information provided is believed to be from reliable sources but no liability is accepted for any inaccuracies. This is for information purposes and should not be construed as an investment recommendation or offer to invest in any fund managed by ACME Capital. Past performance is no guarantee of future performance. ACME Capital is an investment adviser registered with the U.S. Securities and Exchange Commission. ACME Capital has no control over any websites linked to herein, or their content, and will have no liability arising out of or related to such websites or their content. The existence of any such link does not constitute an endorsement of such websites, the content of the websites, or the operators of the websites. ACME Capital is providing these links to you only as a convenience. You release and hold ACME Capital harmless from any and all liability arising from your use of any third-party website or service.
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