Page 16 - PWM2024_February

NEWS DIGITAL

Xerox backs new AI venture Stannp.com
eyes growth

firm Myriad Venture Partners Direct mail platform

Stannp.com plans to scale up
its US operations signifi-
Myriad Venture Partners, Founded by Chris Fisher, cantly in 2024 after doubling
an early-stage venture firm the former senior vice presi- its US revenue to $10m
focused on AI, clean tech- dent and chief strategy (£7.9m). The North Devon-
nology, and B2B software, officer of Xerox Corporation headquartered business,
has launched with $100m and former founder and which has a 930sqm ware-
(£78.5m) of initial capital managing partner of Xerox house and new 537sqm office
commitments from inves- space in Barnstaple, as well
tors, including Xerox as an Ventures, together with for- as a 167sqm office in Denver,
anchor investor. mer Xerox Ventures execu- Colorado, said it currently
Born out of Xerox tives Tim Chiang and Dean generates leads in the US at a
Ventures, Myriad said it Mai, Myriad said it guides rate of four times as many as
“brings decades of invest- relevant companies to its it does in the UK.
ment, strategy and opera- Xerox said it was proud to back the Myriad team strategic and financial part- The business has doubled
tional expertise, and a deep “Enhanced by our strate- Myriad. ners, “investing in only the its total headcount to 72 –
corporate and investor net- gic network, our returns- “Through our extensive highest-quality businesses including 11 people in the US
work supporting world-class driven investment model is network of corporate part- that meet its criteria for – and is set to record an over-
entrepreneurs shaping the poised to significantly ners, including our Advisory long-term and enduring all turnover of around
future of business solu- impact the early-stage Council and venture capital value creation”. £19.5m this year.
tions”. startup landscape. We are co-investor network, we cre- Myriad’s Fund I has The company is also aim-
The firm is targeting dedicated to helping found- ate a mutually-beneficial ing to offer “more of a pro-
investor commitments of ers pioneer the next genera- cycle of value and access that already backed 14 AI, clean grammatic solution” that
$200m for Fund I. Myriad’s tion of business solutions in yields real returns for our tech, and B2B software com- incorporates SMS and email,
Advisory Council features areas including AI, B2B soft- strategic and financial part- panies. Other investments with automated journeys
corporate partners Xerox ware and clean tech,” said ners and portfolio compa- are LinkSquares, Anvilogic, configurable from its plat-
and HCLTech. Chris Fisher, co-founder of nies alike.” and Mojave Energy Systems. form.
Roland’s VersaObject MO-24 Aztec Signs rolls out

& workflow software new EFI Pro

Roland DG has launched Aztec Signs has begun
the latest entry in its production with a new EFI
VersaObject series for 3D Pro 32r+ UV-LED roll-to-
substrates, the MO-240, as roll printer installed in
well as its own proprietary December. The 3.2m,
work f low sof t w a re. 1,200dpi single or dual roll
Launched on 11 January, the printer, installed with
610x458mm flatbed press is optional Y-axis slitter, is
capable of printing on now in full production on New EFI Pro 32r+ UV-LED printer
objects up to 204mm high or textile and flexible media roll machine for it.”
cylindrical objects up to work at Aztec’s Leeds fac-
121mm in diameter with the MO-240 has 8 colour channels for a gamut 20% larger than CMYK tory. The firm, which pro- The Pro 32r+ now sits
optional rotary axis add-on. wider than CMYK and is software on 11 January. The duces mainly trade work in a alongside Aztec’s EFI Vutek
Operating at 2.07sqm/hr in suitable for printing on plas- cloud-based software is 70/30 split, made the invest- h3 hybrid press, which was
standard mode, the MO-240 tic, paper, leather, wood, designed to streamline ment to support the growth also bought through sup-
can produce gloss or matt and, with primer, glass and workflows for printers deal- it has seen in its flexible sig- plier CMYUK.
finishes and textures, metal.The MO-240 has ing with a wide range of nage business over the past The two EFI machines
including 3D embossed already found a UK sale, media, products, and data. two years. have given the eight-staff
effects, with Roland’s EUV5 through Roland dealer It converts printing data Christopher Jameson, co-
inks. PrintMax, with Maidstone’s into pre-registered fixture owner at Aztec, told operation significant head-
The ink set, which Aford Awards placing an layout data, assigns print Printweek: “We’re doing an room to grow, backed as
includes orange, red, white order the day of release. jobs to operators, and con- awful lot more wallpapers they are by Kongsberg and
and gloss alongside CMYK, Roland also launched its n e c t s to R o l a n d ’s and flexible skins now, and Zund cutters and several
has a gamut around 20% PrintAutoMate workflow VersaWorks 6 RIP software needed a dedicated roll-to- other HP printers.
16 PrintWeek MENA February 2024 www.printweekmena.com