**Innovate Newport** has announced the appointment of **Myers** as their new **Community Manager**. This strategic move aims to enhance community engagement and foster innovation in the area. Myers brings a wealth of experience in community building and entrepreneurship, making this a significant addition to the Innovate Newport team. The organization is dedicated to supporting startups and entrepreneurs, and with Myers on board, they are poised to amplify their impact in the local ecosystem.

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Exciting Leadership Change: Myers Takes the Helm as Community Manager at Innovate Newport

### A New Culinary Battle
More than a year after the **cookie war** in Utah concluded, a new conflict is stirring in the culinary world, this time involving **protein bars**.

### The Lawsuit
**Built Bars, LLC**, a protein bar company based in American Fork, has filed a lawsuit against **Blue Unicorn**, a startup in Springville that produces plant-based protein bars. The lawsuit, initiated in November, accuses Blue Unicorn and food scientist **Luke Tolley** of misusing **trade secrets** and engaging in deceptive practices by misrepresenting their products.

According to the lawsuit, "Blue Unicorn's protein bar products were developed using the Built trade secrets," which include confidential information crucial for their production. Built Bars claims this has given them a significant **competitive advantage** in the market.

### Background of the Dispute
Founded in February 2024 by **Jason Christensen**, Blue Unicorn is accused of acquiring sensitive information through Tolley, who previously worked for Built Bars. The lawsuit outlines that Tolley’s actions have caused **irreparable damage** to Built, harming their relationships with customers and suppliers.

Built Bars also alleges that Blue Unicorn unlawfully profited from their name by misrepresenting their products at local markets, causing consumer confusion regarding their origin.

### Blue Unicorn's Response
In response to the allegations, Christensen described the situation as a **"David vs. Goliath story,"** asserting that the lawsuit is an attempt to suppress competition rather than foster innovation. He argues that Blue Unicorn's products are fundamentally different from Built Bars, being **plant-based** and allergen-free compared to Built's whey-based offerings. Christensen remains defiant, stating that Blue Unicorn will continue to provide innovative protein products to meet consumer needs.

![Built Bars vs. Blue Unicorn](https://img.ksl.com/slc/3047/304762/30476244.jpeg?filter=kslv2/inline_lg)

*Built Bars filed a lawsuit against Blue Unicorn, claiming the smaller company misused trade secrets.*

More than a year after the cookie war ended in Utah, a new culinary battle is brewing. But this time, it involves protein bars.

Built Bars Takes Legal Action Against Springville's Blue Unicorn Over Trade Secrets Dispute

### Explore the Buzzing Hub for Gen Z Startups
Verci is not just any coworking space; it’s a **social club** and a thriving **workspace** located in the heart of **New York City**. This innovative space has become a **hot spot** for a growing number of startups, particularly those focused on creating **buzzy apps** that cater to the Gen Z demographic.

![Verci coworking space](https://i.insider.com/67d9c3db69253ccddf999b18?width=700)
Verci stands out as a **community-driven environment** where tech entrepreneurs can collaborate, share ideas, and build their businesses in a vibrant atmosphere. The blend of professional and social elements makes it an attractive option for young innovators looking to make their mark in the tech world. 

This is where the future of tech is being shaped, with startups not only finding a workspace but also engaging in networking and building relationships that can lead to **successful ventures**. Whether it's through formal meetings or casual interactions, Verci fosters an environment conducive to **creativity** and **growth**.

As the NYC tech scene continues to evolve, spaces like Verci are essential for nurturing the next generation of entrepreneurs who are poised to disrupt the market with their innovative ideas.

Verci is a coworking space and social club where more than a dozen startups are building buzzy apps.

Why Verci is the Ultimate Hub for Gen Z Startups in NYC

### Introduction
A **Finland-based startup**, Capalo AI, has successfully raised **$4.1 million** in seed funding to enhance energy storage efficiency through innovative technology.

### What is Capalo AI?
Capalo AI has developed a platform that leverages **artificial intelligence** to predict **renewable energy** generation and consumption. This technology is designed specifically for **battery storage providers**, enabling them to optimize their operations effectively.

### The Problem with Energy Storage
Energy storage presents a **key bottleneck** in the renewable energy sector. Due to the **intermittent nature** of wind and solar power, accurately forecasting electricity production can be challenging. When excess energy is generated without sufficient demand, it often goes to waste. To mitigate this, battery storage systems are employed to store energy for later use when demand peaks.

### How Does Capalo AI Work?
Capalo AI's model integrates various data points, including **weather forecasts** and consumer energy usage patterns. CEO **Henri Taskinen** explains:
> "Our model then decides, how do we run and schedule this battery charging so we can provide the right commitments to the grid?"

The startup operates **virtual power plants** that issue data-driven commands to battery providers, guiding them on when to charge and discharge energy based on real-time conditions.

### Maximizing Earnings and Grid Benefits
By optimizing battery usage, Capalo AI helps battery owners enhance their earnings while ensuring the grid benefits from effective energy distribution. The startup also actively places **bids in electricity markets**, committing to energy outputs that are dispatched from the batteries.

### Business Model
Capalo AI collaborates with renewable energy infrastructure investors, such as **MW Storage**, and operates on a **profit-sharing model**, taking a portion of the revenue generated from electricity markets.

### Future Plans
The recent funding round, led by **VentureFriends** and **PROfounders**, will facilitate Capalo AI's expansion into the **Baltics**. 

### Exclusive Insight
We got an exclusive look at the **12-slide deck** Capalo AI used to secure their funding, showcasing their innovative approach to energy storage efficiency.

Capalo AI uses artificial intelligence to forecast renewable energy creation and consumption for battery storage providers. 

Capalo AI Secures $4.1 Million to Revolutionize Energy Storage with AI Technology

### Understanding Helsing's Shareholders

Helsing, a prominent name in the **German defence tech** industry, has attracted significant attention due to its innovative solutions and strategic partnerships. But who exactly are the **key shareholders** behind this rising star?

#### The Major Shareholders

1. **Venture Capital Firms**: Several **VC firms** have invested heavily in Helsing, recognizing the potential for growth in the defence sector.
2. **Individual Investors**: High-profile **angel investors** are also part of the mix, contributing not just capital but also industry expertise.
3. **Corporate Stakeholders**: Partnerships with established corporations in the tech and defence sectors provide Helsing with both credibility and resources.

#### The Impact of Ownership on Innovation

The ownership structure of Helsing plays a crucial role in its ability to innovate. With a diverse array of investors, the company benefits from a wealth of knowledge and experience, driving forward **cutting-edge technologies**.

### Conclusion

Understanding the dynamics of Helsing's shareholder landscape is essential for anyone interested in the future of **defence technology**. As the company continues to grow, keeping an eye on these major players will provide insights into its strategic direction and market impact.

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Unlocking the Secrets: Who Are the Major Players in Helsing's Defence Tech Ownership?

### Google Expands Its Cybersecurity Reach

Google has made headlines with its **$32 billion acquisition** of cybersecurity startup **Wiz**. This strategic move is seen as an effort to bolster its presence in the ever-growing cybersecurity sector. The acquisition comes just months after initial discussions between the two companies fell through, highlighting the intensity and urgency of Google's focus on enhancing its cybersecurity capabilities.

### The Significance of the Deal

As cyber threats continue to escalate, tech giants like Google are investing heavily to protect their infrastructure and user data. By bringing Wiz into the fold, Google aims to leverage its innovative technologies and expertise to create a more secure environment for its products and services. This acquisition not only signifies Google's commitment to cybersecurity but also positions it as a formidable player in the industry.

### What is Wiz?

Wiz is known for its cutting-edge solutions that help organizations manage cloud security more effectively. With its advanced technology, Wiz provides tools that allow businesses to identify vulnerabilities and mitigate risks in their cloud environments. This aligns perfectly with Google's mission to provide robust security solutions to its users.

### A Competitive Landscape

The tech landscape is becoming increasingly competitive, especially in the realm of cybersecurity. This acquisition is a clear indication that Google is serious about not just maintaining but enhancing its market position. As more companies face cyber threats, the demand for effective cybersecurity solutions is only expected to grow, making this acquisition a timely and strategic move for Google.

The acquisition could make the Silicon Valley giant a bigger force in cybersecurity, and arrives months after an earlier round of talks collapsed.

Google's $32 Billion Cybersecurity Acquisition: What It Means for the Tech Giant

### Luminance Launches AI Contract Negotiator
**Luminance**, a pioneering startup in legal contracts AI, has unveiled **Lumi Go**, an innovative AI agent designed to streamline the negotiation process. This technology allows users to send draft agreements to counterparts and facilitates auto-negotiation on their behalf.

Founded by experts from the **University of Cambridge**, Luminance harnesses AI to analyze and comprehend legal contracts. Currently, a quarter of the world's largest law firms and Fortune 500 companies utilize its technology. Remarkably, the company has experienced a **five-fold increase in customers** and a **six-fold growth in annual recurring revenue** over the last two years.

In February, Luminance raised **$75 million in Series C funding**, contributing to a total of over **$115 million** in the past year. This round was led by **Point72 Private Investments**, with other notable contributors including **Forestay Capital** and **RPS Ventures**. The funds are earmarked for accelerating U.S. expansion, enhancing their workforce, and innovating at their **Cambridge, U.K. R&D hub**.

### Addressing GenAI Intellectual Property Concerns
The generative AI landscape faces criticism from artists regarding the **uncompensated use of copyrighted works** for training AI models. **Bria**, an Israeli startup, is tackling this issue head-on by offering GenAI models trained exclusively on **licensed data**. Their innovative approach includes a patented attribution engine that ensures creators receive compensation based on their contributions to generated content.

Bria recently secured **$40 million in Series B funding**, raising their total capital to **$65 million**. The investment will be used to scale their platform and expand their attribution technology to cover music, video, and text generation. They have established partnerships with over **30 data providers**, including **Getty Images** and **Envato**, and collaborate with tech giants like **Nvidia** and **Microsoft**.

### Halliday: Bridging AI and Blockchain
**Halliday**, a blockchain startup, has raised **$20 million in Series A funding**, led by **a16z crypto**. The company believes that the blockchain sector must integrate AI to remain competitive. Halliday's platform simplifies the development of AI-powered blockchain applications, utilizing the **Agentic Workflow Protocol**, which can seamlessly operate across multiple blockchains.

This innovative protocol eliminates the need for developers to write custom smart contracts for each new use case, thereby reducing development time significantly. Halliday claims that it can create applications in hours, a process that traditionally took years. Their product, **Halliday Payments**, facilitates cross-blockchain payment capabilities, showcasing the practical applications of their technology.

In this week’s AI startup news, Luminance debuts an AI contract negotiator, while Bria announces GenAI models trained on licensed content.

Revolutionizing Legal Tech: Luminance's AI Negotiator and Bria's Ethical GenAI Solutions

### Discovering Passion and Purpose
Abby Miller, a proud alumna of the **University of Nebraska-Lincoln**, has successfully combined her passions for **good people**, **good drinks**, and the **good life**. Her journey led her to spearhead the **Engler Enterprise Financing Program**, aimed at supporting aspiring entrepreneurs in Nebraska.

This initiative is not just about funding; it emphasizes the importance of community and mentorship in nurturing startup ideas. With a focus on fostering **innovation** and **collaboration**, the program seeks to empower a new generation of business leaders who are ready to make a mark in their respective industries.

### What the Program Offers
The **Engler Enterprise Financing Program** provides:
- **Financial support** for startups and small businesses.
- Opportunities for networking with seasoned entrepreneurs.
- Access to resources that help in **business development** and **growth**.

By bridging the gap between **education** and **entrepreneurship**, Abby Miller's initiative is set to transform the landscape for budding entrepreneurs in Nebraska, encouraging them to pursue their dreams with confidence.

![Engler Enterprise Financing Program](link_to_image.jpg)  
*Image: Engler Enterprise Financing Program in action*

Abby Miller, a University of Nebraska-Lincoln alumna, found her passion and purpose in bringing three things together — good people, good drinks and the good life.

Exciting Leadership Change: Myers Takes the Helm as Community Manager at Innovate Newport

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Other Latest News

Built Bars Takes Legal Action Against Springville's Blue Unicorn Over Trade Secrets Dispute

Why Verci is the Ultimate Hub for Gen Z Startups in NYC

Capalo AI Secures $4.1 Million to Revolutionize Energy Storage with AI Technology

Unlocking the Secrets: Who Are the Major Players in Helsing's Defence Tech Ownership?

Google's $32 Billion Cybersecurity Acquisition: What It Means for the Tech Giant

Revolutionizing Legal Tech: Luminance's AI Negotiator and Bria's Ethical GenAI Solutions

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Other Latest News

Built Bars Takes Legal Action Against Springville's Blue Unicorn Over Trade Secrets Dispute

Why Verci is the Ultimate Hub for Gen Z Startups in NYC

Capalo AI Secures $4.1 Million to Revolutionize Energy Storage with AI Technology

Unlocking the Secrets: Who Are the Major Players in Helsing's Defence Tech Ownership?

Google's $32 Billion Cybersecurity Acquisition: What It Means for the Tech Giant

Revolutionizing Legal Tech: Luminance's AI Negotiator and Bria's Ethical GenAI Solutions

Unlocking Opportunities: Engler Enterprise Financing Program Launches in Nebraska