In August, venture capital fundraising rounds worldwide continued to fall. According to Crunchbase News research, global venture capital dropped to $25.2 billion in August 2022, the lowest monthly funding level seen in the two years since August 2020.
The developers of Project Galaxy have announced a rebranding to Galxe (pronounced GAL-X-E). The rebrand includes a brand new logo, a new domain name, and some exciting features coming soon.
Magma Studio, an online platform for cooperation, shortened its brand name to Magma to eliminate restrictions and better reflect its mission. The platform is helping brands across industries such as game development, animation, films, comic creators, design, and other creative enterprises.
Apollo Brokers, a California-based digital wholesale brokerage, underwent a complete rebrand and changed its name to Limit just two years after its launch in 2020. The rebrand comes on the back of rapid company expansion, including the recent acquisition of $14.3 million in venture capital. According to the company, limits are everywhere in the insurance sector, a difficulty that the new brand Limit plans to solve in the future.
Qapita is a Singapore and India-based equity management company. Qapita raised several funding rounds in 2021 and invested in the domain name Qapita.com shortly after.
Cleveron Mobility, a company developing autonomous vehicles, rebranded as Clevon after splitting from Cleveron in April. The two businesses decided during the separation to rename Cleveron Mobility during the first year, according to Clevon’s board chairman Arno Kütt:
One-word.com premium domains like Connect.com are prized by many as branding gold mines.
Northwest Hardwoods was established in 1967, and since then, the company has grown to become a leading producer and supplier of hardwood lumber to customers in North America, Europe, and Asia. To simplify their customers’ experience, the company recently shortened its name to NWH. The transition was an obvious step for NWH and its expanding ambitions as a well-known market leader.
The acquisition of the Chill.com domain name is part of Chill Brands’ visual refresh campaign, aiming to enhance customer targeting and ensure that the brand’s marketing is consistent across all channels. The company’s focus on selling CBD and other natural components as functional, fun, and relaxing will be renewed by the brand refresh, further perfectly paired by the new domain name Chill.com.
Zerify (formerly known as StrikeForce Technologies, Inc.) is one of the top players in the proactive cybersecurity solutions sector. The company has been operating for over 20 years serving small to midsize businesses (SMBs) and enterprise companies.
Founded in 2009, Gravity Forms builds WordPress-based business workflow applications. The company has been operating for 13 years and is commonly referred to as Gravity. The premium Gravity.com domain, which had previously belonged to Yahoo, Verizon, Oath, and AOL, was recently bought by Gravity, according to a Tweet from the company.
Autopilot, a leading marketing automation solution, recently announced a complete rebrand to Ortto. The rebrand is a reaction to the significant growth the company has experienced and its expanding capabilities to match the new vision. Christopher Doyle, Co-founder of Ortto, shared that the decision to rebrand also comes from the company’s desire to strengthen its global presence and create greater market distinction.