Rising demand for EVs and ramping battery production presents new, significant challenges. For instance, producing one ton of lithium – enough for about 100 car batteries – can require up to two million tons of water. Additionally, the U.S. Department of Energy found that less than five percent of lithium-ion batteries (LIB) were recycled in 2019. EVs, at their root, transition us from a transportation model that is inherently consumptive (ie. burning fossil fuel) to an inherently circular one where natural resources are only extracted once. But we’ll need a better way of recycling batteries to get there.

We are in the midst of an accelerated cycle in cybersecurity, where data has become a foundational pillar of modern enterprises. As organizations grapple with an ever-increasing amount of data from diverse sources, traditional security information and event management (SIEM) systems struggle to keep up with current data volumes and velocity.

While the advent of ChatGPT sparked tremendous excitement for AI’s transformative potential, practical implementation reveals that sophisticated enterprise adoption demands more than just large language models (LLMs). Leading organizations now recognize the importance of model diversity – integrating proprietary, third-party and task-specific models. This evolving multi-model approach creates massive potential for startups to develop foundational tools and drive the advancement of enterprise AI into the next era.

Predictive maintenance (PdM) solutions address these issues by delivering clear insights into the health of production assets. With PdM, organizations enhance asset uptime, reduce operational costs, and streamline spare parts inventory for maintenance. Because of this, PdM is gaining traction and becoming one of the fastest-growing digital initiatives across the process industry, manufacturing, building & facility, energy and more.

Myriad Venture Partners is thrilled to reaffirm our partnership with LimaCharlie CEO Maxime Lamothe-Brassard and his team as they announce their successful Series A funding. Our alignment dates back to the early stages, driven by our shared vision to build next generation orchestration fabric. Such a solution is essential for organizations seeking to redefine their information security toolsets and continuously enhance their defensive capabilities.