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first_imgNext Game: The Valley on ESPN3 Full Schedule Roster Watch Live Maddox’s grand slam came in the first inning and her second home run occurred in the third frame. Pena drew a bases loaded walk in the second inning to put Drake up 5-0 and her sacrifice fly was the Bulldogs’ final run. Newman tallied three strikeouts in one inning four times on Friday night. Preview CEDAR FALLS, Iowa – Junior pitcher Nicole Newman (Madison, Wis.) tossed a no-hitter with 13 strikeouts and freshman Sarah Maddox (Henderson, Nev.) slugged her first two home runs, including an inside the park grand slam, for the Drake University softball team in an 8-0 win over South Dakota State in five innings on Friday evening at the UNI-Dome Classic to start the 2017 season. vs. Montana 2/11/2017 – 10:15 AM Drake has a fast turnaround with two games on Saturday morning. The Bulldogs play Omaha at 8:15 a.m. and then Montana after the conclusion of their game against the Mavericks. Print Friendly Version Live Stats Newman, the reigning Missouri Valley Conference Pitcher of the Year, allowed just two walks and faced two batters over the minimum. Maddox finished 2-for-3 with five runs batted in and two runs scored. Senior Megan Sowa (Gurnee, Ill.) had a pair of hits, including one double, and scored two runs. Junior leadoff hitter Kelsey Wright (Olathe, Kan.) drew two walks and scored two runs. Sophomore Taryn Pena (Columbia, Ill.) drove in a pair of runs.last_img read more

first_imgAB InBev’s ZX Ventures invests in US tech company Pensa SystemsPosted By: Contributoron: January 14, 2019In: Beverage, Business, Food, Industries, Mergers & Acquisitions, Retail, TechnologyPrintEmailPensa Systems, a US developer of a new retail inventory visibility system, has secured the backing of AB InBev’s venture capital division ZX Ventures as part of a $5 million funding round.The round was led by Signia Venture Partners, with participation from new investor Commerce Ventures, as well as existing investors ATX Seed Ventures, Capital Factory and Revtech Ventures.Pensa Systems said it delivers a “broadly scalable” system that automatically and systematically tracks in-store inventory, using advanced computer vision, patent-pending artificial intelligence and autonomous drones to see and understand what is on store shelves.This unique approach is said to help brands and retailers “minimise stockouts, optimise product planning and increase revenue”.Fresh funds will be used to accelerate store trials with large retailers and consumer packaged goods brands in North America and abroad.The start-up also announced that Ed Cluss, partner at Signia Venture Partners, will join its board of directors.“Pensa is doing breakthrough work with AI and drones, bringing data to bear on a significant and costly problem for retail – the lack of consistent on-shelf inventory visibility,” said Cluss. “We were impressed by the team’s prior accomplishments, and by the traction the company has already achieved with major retailers and consumer brand manufacturers. Data and technology are critical to retail’s future, and we are excited to help Pensa bring their vision to reality.”The funding round comes on the heels of $2.2 million in seed investment announced in 2018, as well as the completion of multiple successful live trials with consumer brands and retailers, including AB InBev.Patrick O’Riordan, vice president of explore at ZX Ventures, said: “Out-of-stock products are a significant challenge for CPG companies and retail partners, with hundreds of millions of dollars in potential sales impact.“While we’ve explored various solutions to the problem, Pensa’s approach is truly novel. Its unique combination of expertise and technology tools – including scalable AI and advanced computer vision – provides an opportunity to make both timely and significant impacts to inventory visibility throughout the industry.”Richard Schwartz, president and CEO of Pensa Systems, said: “Lack of inventory visibility is an age-old problem for brand and retailers. Retailers and manufacturers go blind staring at products on the shelf to see what is missing or has been misplaced. Advanced artificial intelligence can borrow the best of how people perceive shelf conditions and automate it at scale to continuously read out what is on a shelf at any point in time.“This is a win-win proposition for everyone – consumers, retailers and brands. We are thrilled to have Signia and Commerce Ventures on board, along with top advisors, to help us scale the business and accelerate our market entry.”Share with your network: Tags: AB InBevPensa SystemsUSZX Ventureslast_img read more