The Worlds 50 Top Most Innovative Companies of 2023

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THE
WORLD’S

50
INNOVATIVE
COMPANIES
TOP MOST 50The annual
ranking of The
World’s 50 Most
Innovative
Companies of
2023 by
GlobalBiz
Outlook
includes 50
industries and
sectors, ranging
from workplace
to advertising.

OF 2023
EDITORIAL
The annual ranking of The World’s 50 Most
Innovative Companies of 2023 by GlobalBiz
Outlook includes 50 industries and sectors,
ranging from workplace to advertising.

L
eading Businesses in business in America, including sufferers can now acquire a mobile
Innovation, The security (Robust Intelligence), office grid to withstand the disruption
comprehensive history of work (Canva), and drug research (Sesame Solar), and one of the most
innovative ideas reshaping business (DeepMind). Healthcare is well-known companies in the
and society in 2023 was entirely becoming more equitable for World, Patagonia, has made the
created by individuals. We have transgender people (Folx Health), planet its sole stakeholder
listed certain companies, however, women (Maven Clinic), kids (Hazel (Holdfast Collective). In the
our ranking of The World's 50 Most Health), and lower-income patients meantime, both public and private
Innovative Companies of (Cityblock Health) because of organizations (NASA, Axiom Space)
2023—and the 50 lists that profile businesses that are focusing on are expanding what is practical in
the Most Innovative Companies in underserved areas of society. The orbit. The art collective (Mschf) also
Sectors from Advertising to the World of restaurants and CPG is makes sly observations about
Workplace—display Inspiring, being wholly reshaped with content commerce and consumer society.
Insightful Stories Well Beyond the at its core (MrBeast), while iconic We sincerely hope these winners
Current Hot Thing. companies are redefining how they inspire you as much as they did us.
interact with followers, giving
It's a very human urge! OpenAI is
artists more influence and
only one illustration of how
connecting with culture. The soil is
developments in artificial
being strengthened on Earth
intelligence are reinventing
(Regrow Ag), climate disaster

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1 OpenAI

"OpenAI is an AI research and deployment company, their mission is


to ensure that artificial general intelligence benefits all of humanity."

The non-profit OpenAI Incorporated and its for-profit sibling


company, OpenAI Limited Partnership, comprise the artificial
intelligence (AI) research lab known as OpenAI in the United States.
The stated goal of OpenAI's AI research is to advance and create a
benevolent AI. Microsoft's Azure supercomputing platform powers
OpenAI systems.

The goal of OpenAI, an organization conducting AI research and


development, is to ensure that all people will gain from general-
purpose AI. The development of AI must put human needs and safety
first because it is a very potent tool. OpenAI is committed to
prioritizing that agreement of interests over financial gain.

Ilya Sutskever, Greg Brockman, Trevor Blackwell, Vicki Cheung,


Andrej Karpathy, Durk Kingma, John Schulman, Pamela Vagata, and
Wojciech Zaremba created OpenAI in 2015; the inaugural board of
directors included Sam Altman and Elon Musk. Microsoft invested $1
billion in OpenAI LP in 2019 and another $10 billion in 2023.

2 McDonald's

The McDonald's Corporation, also referred to as Mickey D's, is a


multinational American fast food enterprise that was first
established in 1940 as a restaurant run by Richard and Maurice
McDonald in San Bernardino, California. They changed the name of
their company to a hamburger stand and then converted it into a
franchise. In 1953, the Golden Arches emblem was first used at a
restaurant in Phoenix, Arizona. Businessman Ray Kroc joined the
organization in 1955 as a franchise agent before going on to buy the

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chain from the McDonald brothers. Previously located in Oak Brook,
Illinois, McDonald's relocated its worldwide headquarters to
Chicago in June 2018.By owning every restaurant location,
McDonald's doubles as a real estate corporation.

As of 2023, McDonald's will have more than 40,000 locations


worldwide, serving more than 69 million customers every day in
more than 100 countries Although they also offer other things
including chicken, fish, fruit, and salads on its menu, McDonald's is
primarily known for their hamburgers, cheeseburgers, and french
fries. The Big Mac is their best-selling licensed item, followed by their
fries. Rent, royalties, and other fees paid by franchisees, as well as
sales at restaurants run by the corporation, are what provide the
McDonald's Corporation with its income. With 1.7 million
employees, McDonald's is the second-largest private employer in the
world (after Walmart, which has 2.3 million). McDonald's will rank
sixth in worldwide brand valuation as of 2023.

3 Airbnb

Airbnb, Inc., an American corporation headquartered in San


Francisco, offers short- and long-term accommodations online. As a
broker, the business takes a commission from each reservation. Joe
Gebbia, Nathan Blecharczyk, and Brian Chesky launched the firm in
2008. The term AirBedandBreakfast.com was initially referred to as
Airbnb. The company is credited with transforming the tourism
sector. Operating an internet platform for hospitality services is
Airbnb Inc. (Airbnb). Users can list, find, and book distinctive lodging
throughout the globe using the company's mobile application (app).

Since its founding in 2007, when two hosts opened their San
Francisco home to three visitors, Airbnb has expanded to over 4
million hosts and welcomed 1.4 billion guests from practically every
nation. Every day, hosts provide distinctive lodging and activities that
enable visitors to forge more genuine connections with local
populations.

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4 Holdfast Collective

Holdfast Collective is a non-profit organization devoted to


protecting nature and combating the environmental problem. The
Holdfast Collective is a nonprofit organization that will support
political candidates and causes, give grants to worthy causes and
invest in projects that battle environmental challenges, preserve
wildlife, and foster thriving local economies.

Patagonia will provide the funding; each year, after reinvesting in the
firm, the money will be released as a dividend to aid in the crisis,
explained Chouinard in a public letter on the company's website.

5 Nubank

Brazilian Neobank Nubank is Latin America's biggest fintech bank. Its


corporate headquarters are in So Paulo, Brazil. Additionally, the
business maintains engineering offices in Berlin, Germany, Buenos
Aires, Argentina, and Mexico City, Mexico.

The most valuable digital neobank was Nubank, which formally


launched its IPO on December 9, 2021, valued at US$45 billion. As of
December 2021, Nubank had 1.51 million distributed users in
Mexico and Colombia and over 52.4 million customers in Brazil.

Serving 80 million users in Brazil, Mexico, and Colombia, Nubank is


one of the world's most prominent digital financial services
platforms. As one of the top technology firms in the world, Nu uses
its own technologies and cutting-edge business strategies to develop
new financial products and services that are easy to use, convenient,
affordable, empowering, and human. These products and services
are geared toward individuals and SMEs. Nu is promoting access to
financial services throughout Latin America under its goal.

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6 Microsoft

Microsoft Corporation is a worldwide technology company with its


main office in Redmond, Washington. The Windows family of
operating systems, the Microsoft Office package, and the Internet
Explorer and Edge web browsers are among Microsoft's most well-
known software offerings. The Xbox video gaming consoles and the
Microsoft Surface range of touchscreen personal PCs are its two
main hardware offerings. Microsoft was the top software
manufacturer in the world by revenue as of 2022, according to the
Fortune 500 list of the largest American firms by total revenue.

On April 4, 1975, Bill Gates and Paul Allen established Microsoft to


create and market BASIC interpreters for the Altair 8800. In the
middle of the 1980s, MS-DOS and Windows propelled it to the top of
the market for personal computer operating systems. Three people
became billionaires thanks to Microsoft's 1986 initial public offering
(IPO) and subsequent increase in share price, while an estimated
12,000 Microsoft employees became millionaires. Since the 1990s, it
has moved from the operating system industry and acquired several
businesses. Their most fantastic acquisition was LinkedIn for $26.2
billion in December 2016, which Skype Technologies followed for
$8.5 billion in May 2011.

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7 Roblox

Roblox is a platform for online gaming and a tool for game


development created by the Roblox Corporation that enables users
to create games and play those made by others. The platform,
developed by David Baszucki and Erik Cassel in 2004 and made
public in 2006, offers user-made games of various Lua-programmed
genres. Roblox was a relatively modest firm and platform for most of
its existence. In the second half of the 2010s, Roblox started to
expand quickly. The COVID-19 epidemic has hastened its expansion.

Playing Roblox is free; in-game purchases can be made using virtual


money called Robux. Over 164 million people used Roblox every
month as of August 2020, including more than half of all American
kids under the age of 16. Although Roblox has largely garnered
favorable reviews from critics, it has been under fire for its
microtransactions and moderation as well as claims of child
exploitation.

8 Webtoon

Naver Corporation introduced the South Korean webtoon platform


Webtoon in 2004. It offers to host webtoons and small digital comics.
The platform is accessible for free on both mobile devices running
iOS and Android as well as on the internet via Webtoons.com. As the
Naver brand is not well known outside of Korea and certain of its
features are not offered there, the platform was first introduced in
Korea as Naver Webtoon and then globally as Line Webtoon in July
2014.

In the late 2000s and early 2010s, the service experienced significant
growth. 2016 saw the launch of Naver's webtoon service in both
China and Japan under the names Dongman Manhua and XOY,
respectively. On December 18, 2018, Naver shut down XOY and
moved all its original and translated webcomics to Line Manga, their
licensed manga service.

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English-language versions of Line Webtoon and their Spanish and
French counterparts were released in 2019. In addition to hosting a
variety of other series on its self-publishing website CANVAS, the
platform collaborates with creators to publish unique material under
the Webtoon Originals label. Comics from Line Webtoon can be
found using the "daily system" feature and read and downloaded for
free on PCs, iOS, and Android devices.

9 Ramp

Ramp is developing the next generation of financial solutions that


will help businesses save time and money with each click, including
corporate cards, expenditure management, bill payment, and
accounting connections. By moving to Ramp's finance automation
platform, more than 15,000 businesses are spending 3.5% less on
average and completing their books 8x faster. With over 10x year-
over-year growth since its founding in 2019, Ramp now powers the
fastest-growing corporate card in America and facilitates billions of
dollars worth of annual sales.

Customers of Ramp include the complete spectrum of US companies,


from cutting-edge software innovators to sophisticated farming
operations. Businesses of all kinds and types rely on it, from small
startups like Morning Brew, 818 Tequila, and Italic to huge
corporations like Anduril, Avelo Airlines, Ro, and Marqeta. It is also
trusted by organizations like KIPP Public Schools and the IFDC.

Ramp, the fastest-growing business in NYC, was recently awarded


Fast Company's 2023 Most Innovative Company in North America,
with a $8.1 billion valuation. Founders Fund, D1 Capital Partners,
Thrive Capital, Redpoint Ventures, Coatue Management, Iconiq,
Altimeter, Stripe, Lux Capital, Vista Public Strategies, Spark Capital,
Definition Capital, General Catalyst, Avenir Growth Capital, 137
Ventures, Declaration Partners, others are among the investors.

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10 Tiffany & Co.

Tiffany & Corporation is a holding corporation that designs, makes,


and sells jewelry. The company also sells jewelry, accessories, china,
crystal, leather, stationery, fragrances, and sterling silver products.
The following geographic divisions make up its business: the
Americas, the Asia-Pacific, Japan, Europe, and others. Stores in the
United States, Canada, and Latin America are included in the
Americas category. The developing markets region and Middle
Eastern wholesale operations are covered in the Other division.
Charles L. Tiffany established the business, which has its main office
in New York, NY, in 1837.

Tiffany & Co. was established in 1837 by jeweler Charles Lewis


Tiffany, and under the artistic supervision of his son Louis Comfort
Tiffany, the company rose to fame in the early 20th century. Net sales
came to $4.44 billion in 2018. In 2019, Tiffany had 326 locations
across the world, including those in the United States, Japan, Canada,
Europe, Latin America, and Pacific Asia. Jewelry, sterling silver,
timepieces, porcelain, crystal, stationery, fragrance, personal
accessories, and leather products are among the company's product
offerings.

11 Hoka

Running shoe manufacturer Hoka One One, also known by the


abbreviation HOKA, has its roots in Annecy, France. The company's
"maximalist" shoes, which were produced in contrast to the
minimalist shoe style that was becoming more popular at the time of
the business's creation in 2009, first attracted attention in the
running community. For road, trail, and all-terrain use, Hoka makes
both low-profile and max-cushion shoes. Across the board, Hoka
shoes maintain characteristics like a low weight-to-cushion ratio and
midsole and outsole geometry created to encourage natural stability
and an effective stride.

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The business was established in 2009 in Annecy, France; it has had its
headquarters in Richmond, California, and is currently situated in
Goleta, California. The business is a Deckers Brands subsidiary.
Wendy Yang, who also holds the position of president of the Deckers
Performance Lifestyle Group, which includes the brands Teva and
Sanuk, is the brand president.

12 Workers United

The majority of Workers United's members work in the laundry


sector. In the late 2010s, the union assisted in the organizing of two
small upstate New York coffee companies, Gimme! and SPoT.
Workers United gained traction in 2020 after one of the baristas
participating in those initiatives moved to a Starbucks cafe. From
that point on, union fervor quickly expanded, and soon Workers
United was offering advice to a large network of baristas around the
country from its offices in Philadelphia and hiring labor lawyers to
manage union elections and interact with the NLRB.

Starbucks employees were able to unionize 271 cafés in 36 states in


just one year, from December 9, 2021, when baristas in Buffalo cast
their first ballots, through the end of 2022. This achievement
transformed a mostly grassroots organizing drive into the most well-
known face of America's revitalized labor movement. The push
resulted in the conversion of a new Starbucks location every 1.5
days, the enlistment of 7,200 workers, and one-fifth of all union
victories reported in America last year. Workers United, an affiliate
of the Service Employees International Union, quietly and
methodically guided the expanding nationwide network of baristas
while putting together a team of attorneys. Starbucks employees
drove the quick and effective initiative. Employees United adopted
this strategy with Starbucks to a startling, and remarkably effective,
degree. Letting employees speak for themselves has become
standard union practice.

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13 On

A lot of avid runners now wear shoes made by the Swiss brand On,
cycling through several pairs of sneakers a year. Ironman champion
Olivier Bernhard and a scientist collaborated to put garden hose
pieces into a shoe's midsole, resulting in a prototype of On's patented
technology: soles made with hollowed-out tubes to provide the foot
with a gentle landing. The business, which is popular with runners
and athletes alike (Roger Federer is an investor), has long had
sustainable goals, including ideas for a fully circular shoe
subscription service.

The concept is to develop a fully recyclable sneaker that will be made


available to customers who sign up to get a fresh pair every six
months, which is the typical lifespan of a pair of heavily used running
shoes.

14 Armis

The leading asset visibility and security provider Armis offers the
only unified asset intelligence platform in the market that is intended
to handle the new extended attack surface that linked assets provide.
Enterprises rely on continuous real-time protection to see all
managed and unmanaged assets spanning IT, cloud, IoT, medical
devices (IoMT), operational technology (OT), industrial control
systems (ICS), and 5G with full context. Armis offers automated
enforcement, risk management, and passive management of cyber
assets.

All sectors, verticals, and industries, including federal, state, local,


healthcare, critical infrastructure providers (CIP), retail,
manufacturing, smart cities, transportation, and energy, as well as
companies like Colgate Palmolive, Allegro Microsystems, Takeda
Pharmaceuticals, Mondelez, PepsiCo, DocuSign, the Booking Group,
and many more, are among the companies that use Armis. With its
headquarters in California, Armis is a privately held corporation.

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15 FromSoftware

Tokyo-based FromSoftware, Inc. is a Japanese video game publishing


and development firm. Naotoshi Zin established the business in
November 1986, and it first produced commercial software before
launching King's Field for the PlayStation in 1994. As a result of its
popularity, FromSoftware decided to concentrate solely on video
games. They made two additional King's Field titles before
developing one of its signature franchises, the mecha battle series
Armored Core (1997).

By the 2000s, FromSoftware's roster also included another century's


episode, Echo Night, Shadow Tower, Lost Kingdoms, and game series.
Demon's Souls (2009) and Dark Souls (2011), the first game in a
trilogy whose success inspired the birth of a subgenre of action role-
playing games known as Soulslikes, would be the catalysts for the
company's breakthrough success in the 2010s. These include the
frequently cited top video games of all time, Bloodborne (2015),
Sekiro: Shadows Die Twice (2019), and Elden Ring (2022).

Dark Souls series developer Hidetaka Miyazaki has been the


representative director and president of FromSoftware since 2014,
with Zin continuing in his role as an advisor. Miyazaki continues to
direct the majority of the company's games despite his management
position. In addition to Sony Interactive Entertainment and Sixjoy
Hong Kong, a subsidiary of Tencent, the company is largely owned by
Kadokawa Corporation. Typically, Agetec, Sony, and Bandai Namco
Entertainment collaborate with FromSoftware to publish globally
while FromSoftware self-publishes in Japan.

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16 Purdue University

As a result of the Morrill Act of 1862, Purdue University was


established in 1869. A local businessman named John Purdue
donated $150,000 to start the university. For the new university,
Tippecanoe County contributed $50,000, while locals contributed
100 acres. The new institution will be called Purdue in honor of its
most generous donor, the Indiana State Legislature. On September
16, 1874, the fledgling institution welcomed its first class of 39
students and six professors.

Over 41,000 undergraduate students make up 75% of the total


student body of Purdue University, while 23% are graduate students.
Purdue University's 157 main buildings, which comprise 377
structures, house over 2,000 full-time faculty members who teach
and perform research on its 2,307 acres. Agriculture, consumer and
family science, education, engineering, liberal arts, management,
pharmacy and pharmaceutical sciences, nursing, science, technology,
and veterinary medicine are among the schools at Purdue University.
6,700 courses across 200 specialties are available at Purdue. Purdue
University has had the greatest or second-largest undergraduate
engineering enrollment in the nation for more than 25 years. With
more than 400 research facilities, Purdue Research spends more
than $347.1 million annually.

Over 2.3 million books are available in the University's decentralized


14-library system, which also houses a sizable psychology collection
that recently joined with the Humanities, Social Sciences, and
Education library, which is housed at Stewart Center. Purdue
University is dedicated to creating and upholding an inclusive
community that respects each person's inherent worth.

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17 Bristol Myers Squibb

The Bristol-Myers Squibb Company (BMS) is an international


pharmaceutical corporation based in the United States. One of the
biggest pharmaceutical firms in the world with its headquarters in
New York City, BMS frequently appears on the Fortune 500 list of
the biggest American enterprises. It generated $46.2 billion in total
revenue for the fiscal year 2022. The therapeutic areas in which
Bristol Myers Squibb produces prescription drugs and biologics
include cancer, HIV/AIDS, cardiovascular illness, diabetes, hepatitis,
rheumatoid arthritis, and psychiatric disorders.

With additional locations in Devens and Cambridge, East Syracuse,


New York, Braine-l'Alleud, Belgium, Tokyo, Japan, Bangalore, India,
and Wirral, United Kingdom, BMS's primary research and
development (R&D) facilities are located in Lawrence, New Jersey
(formerly Squibb, near Princeton), Summit, New Jersey, formerly the
Celgene corporate headquarters, New Brunswick, New Jersey,
Redwood City, California, and Seville in Spain. Bristol-Myers, now
BMS, once maintained a research and development facility in
Wallingford, Connecticut. With additional locations in Devens and
Cambridge, East Syracuse, New York, Braine-l'Alleud, Belgium,
Tokyo, Japan, Bangalore, India, and Wirral, United Kingdom, BMS's
primary research and development (R&D) facilities are located in
Lawrence, New Jersey (formerly Squibb, near Princeton), Summit,
New Jersey, formerly the Celgene corporate headquarters, New
Brunswick, New Jersey, Redwood City, California, and Seville in
Spain.

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18 NASA

The U.S. federal government's autonomous National Aeronautics and


Space Administration (NASA) is in charge of the civil space program,
as well as space and aeronautics research. NASA was created in 1958
to provide the American space development effort a distinctly
civilian orientation, stressing peaceful applications in space science.
It succeeded the National Advisory Committee for Aeronautics
(NACA). Since then, Project Mercury, Project Gemini, the Apollo
Moon landing missions from 1968 to 1972, the Skylab space station,
and the Space Shuttle have all been led by NASA. NASA manages the
development of the Orion spacecraft, the Space Launch System, the
crewed lunar Artemis program, the Commercial Crew spacecraft,
and the proposed Lunar Gateway space station in addition to
providing support for the International Space Station.

The organization is also in charge of the Launch Services Program,


which manages the countdown to uncrewed NASA launches and
oversees launch operations. With the help of the Earth Observing
System, the Heliophysics Research Program, New Horizons, and
planetary rovers like Perseverance, NASA's science is geared toward
improving our understanding of Earth. The James Webb Space
Telescope, the Great Observatories, and other telescopes are used to
study astrophysics topics like the Big Bang.

19 Illumination

Chris Meledandri established the American computer animation firm


Illumination (formerly Illumination Entertainment) in 2007.
Meledandri is the sole owner of Illumination, and Universal Pictures,
a unit of Comcast through its wholly-owned subsidiary
NBCUniversal, is a co-owner of the Illumination brand. The movies
are made by Meledandri, and they are financed and released by
Universal. The studio is responsible for the Despicable Me, The
Secret Life of Pets, and Sing film series, as well as the cinematic

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versions of The Lorax and How the Grinch Stole Christmas by Dr.
Seuss and, beginning with The Super Mario Bros. Movie, video games
from Nintendo. The studio's mascots are the Minions, characters
from the Despicable Me film series.

The 13 feature films that Illumination has made have grossed, on


average, $695.4 million. The Super Mario Bros. Movie ($1.161
billion), Minions ($1.159 billion), and Despicable Me 3 ($1.034
billion) are the highest-grossing movies produced by the company.
Eight of their films rank among the top 50 highest-grossing animated
movies, and all three of them are among the top 50 highest-grossing
movies of all time.

20 LanzaTech

By employing bacteria to break down pollutants instead of using


sugars and yeast to make beer, LanzaTech's carbon recycling system
is like retrofitting a brewery onto an emission source like a steel mill
or a landfill. Imagine a future in which your shampoo bottle was
originally a steel mill emission and your jet is powered by recycled
GHG emissions. With the help of LanzaTech technology, this future is
now a reality.

Last winter, the clothing brand Zara released a line of little black
dresses with a surprise component: recycled carbon. Their polyester
polymer was developed using ethanol produced at a facility next to a
Chinese steel mill by the Skokie, Illinois-based firm LanzaTech. It is
one of three commercial-scale plants owned by LanzaTech that
capture emissions before they are released into the air and are all
connected to Chinese manufacturing facilities. The gases are sent
into LanzaTech bioreactors, where they are fermented into ethanol
by microbes designed to eat them.

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21 Ford

Ford Motor Company, also known simply as Ford, is a global


American automaker with headquarters in Dearborn, Michigan.
Henry Ford formed it, and on June 16, 1903, it became a legal entity.
Under the Ford brand, the corporation sells cars and commercial
vehicles, and under the Lincoln premium brand, it sells luxury
vehicles. Ford also owns the Brazilian SUV producer Troller, an 8%
share in the British automaker Aston Martin, and a 32% stake in
Jiangling Motors in China. Additionally, it has joint ventures in
Thailand (AutoAlliance Thailand), China (Changan Ford), Taiwan
(Ford Lio Ho), and Turkey (Ford Otosan). The Ford family controls the
corporation, which is listed on the New York Stock Exchange; they
hold a minority stake but the majority of the voting rights.

Based on the 2015 production of automobiles, Ford is the fifth


largest carmaker in the world (after Toyota, Volkswagen, Hyundai,
and General Motors) and the second largest automaker with a U.S.
base (behind General Motors). Ford was Europe's fifth-largest
automaker at the end of 2010. The corporation went public in 1956,
but the Ford family still holds 40% of the voting rights thanks to
special Class B shares. Despite facing financial difficulties during the
2007–2008 financial crisis, the company—unlike the other two main
US automakers—did not require government assistance. Based on
global revenues of $156.7 billion in 2017, Ford Motors, which has
since returned to profitability, was listed as the eleventh-ranked
American firm overall in 2018.

22 Canva

An Australian global multi-national graphic design website called


Canva is used to make presentations and graphics for social media.
Users of the program can use pre-made templates. Although utilizing
Canva and creating an account is free, the majority of premium
elements must be purchased to download a project. For more
features, the program also provides paid memberships like Canva

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Pro and Canva for Enterprise. Canva introduced a video editing
function in 2021. Users may also pay for the printing and delivery of
tangible goods. Yard signs, business cards, chore charts, album art,
ebooks, infographics, menus, and invitations are a few examples of
the goods that may be created on Canva.

The company has stated that it plans to use Internet and whiteboard
solutions to compete with Google and Microsoft in the office
software market. Canva introduced Magic Write, the platform's AI-
powered copywriting assistant, on December 7, 2022. Canva
unveiled its new Assistant tool on March 22, 2023, which suggests
visuals and design choices based on the user's current design. Canva
raised $60 million in June 2020 at a valuation of A$6 billion, nearly
twice that of 2019. Canva raised $200 million in September 2021,
when its worth peaked at US$40 billion. The company's valuation has
stabilized at US$26 billion by September 2022.

23 Giant Spoon

Giant Spoon attributes its success, both in this Netflix project and its
body of work as a whole, to its use of a multidisciplinary approach.
With a plan to create portals from our world into the eerie
netherworld of the series, the agency gathered its top talent from a
variety of disciplines—strategic, creative, experiential, social, PR, and
production—for the Stranger Things project.

Departures, a luxury travel newspaper from American Express, was


relaunched last year after the company established its publishing
division and added internal skills to manage content creation and
social media. A large, underwear-clad butt was inflated to follow
Lizzo on tour to promote the launch of her Yitty brand, and as it gains
more expertise, its campaigns continue to expand in scope and
relevance. One such campaign produced tens of millions of views for
its video and announced the launch of Savage X Fenty's new sport
line. About 15% of Giant Spoon's business is often experiential work,
but its motto of "bigger, better, badder" is what drives the company.

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24 Chainalysis

American blockchain analysis company Chainalysis has its main


office in New York City. In 2014, Michael Gronager, Jan Moller, and
Jonathan Levin co-founded the firm, making it the first start-up
devoted to the field of Bitcoin tracing. To examine the blockchain
public ledger, which is primarily used to track virtual currency, it
provides compliance and investigative tools. The Federal Bureau of
Investigation, the Drug Enforcement Agency, the Internal Revenue
Service Criminal Investigation, and the National Crime Agency of the
United Kingdom are just a few of its clients.

When Gronager was the COO of Kraken, which was later hired by
the bankruptcy trustee for Mt. Gox to investigate the attack,
Chainalysis was established to serve as the official investigator of the
theft of cryptocurrency exchange Mt. Gox. The business created its
software for tracking down financial crimes, which keeps an eye on
the blockchain's public database of cryptocurrency transactions.

25 The Walt Disney Company

Despite the internal strife that led to the announcements in


November that veteran CEO Bob Iger would return to replace his
hand-picked replacement and the news of layoffs in February, Disney
has managed to treat Mickey, Iron Man, Luke Skywalker, and all of
their buddies fairly. Thanks to chic marketing for Thor: Love and
Thunder, Doctor Strange in the Multiverse of Madness, and
Wakanda Forever, which was fronted by Angela Basset in a heroic
role with great seriousness, the firm maintained its Marvel material
fresh during year 15 of its unrivaled run. Then there was the meta-
marketing ploy that incorporated she-hulk's plot with Marvel
Studios' creative process. Disney earned $4.9 billion globally in 2022,
making it the highest-grossing movie studio for the seventh
consecutive year.

The combined audience of Disney+, Hulu, and ESPN+ has increased


by 57 million subscribers to over 235 million, placing it in close

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competition with Netflix. Disney has been fiddling with something
incredibly potent behind the scenes along the road, just like Tony
Stark. By segmenting its audience into more than 2,000 active
segments (by age, income, interests, etc.) and establishing
connections between advertisers and its content across streaming,
mobile, internet, and linked TV, it has created proprietary audience-
and data-targeting capabilities that are leagues ahead of those of
competitors.

26 E.l.f.

Even though E.l.f. (which stands for "eyes, lips, face") shares shelves
with L'Oréal and Revlon at Walgreens, Ulta, and Target, its executives
see it as more of an entertainment business that caters to a sizable
following on social media. E.l.f. is testing several different platforms:
The first Twitch channel in the beauty sector was started by E.l.f. in
2020 as a result of a partnership with gamer Loserfruit. The company
followed up with a product line geared for gamers last year called
Game Up. E.l.f. was the first cosmetics company on BeReal.
Moreover, in February the business unveiled a sarcastic Super Bowl
commercial that featured Jennifer Coolidge and was shot by Mike
White, the director of her White Lotus.

The latest best-seller from E.l.f. shows the financial advantages of


maintaining strong contact with customers. The company launched a
limited-edition product, with small campaigns to test its popularity
and get some feedback, then launched the Power Grip Primer in a
requested unscented formula as part of E.l.f. 's permanent collection
in January 2022. Data gathered by the consumer insights team
revealed that customers were interested in a sticky foundation
primer in a gel format. According to Nielson, it is currently the
second-best-selling cosmetic item on the mass market. Recently, a
sibling product with niacinamide to lighten skin tones was released.
All of this resulted in E.l.f. 's third fiscal quarter 2022 sales increased
by 49% to $146.5 million, marking the company's 16th consecutive
quarter of net sales increase.

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27 DeepMind

Founded in 2010 in London and bought by Alphabet in 2014, the


artificial intelligence research lab DeepMind made a name for itself
by creating AI that could defeat humans in a variety of challenging
games, such as chess, poker, the video game StarCraft, and the
Chinese strategy game Go. Although these successes serve as helpful
benchmarks for the technology and demonstrate the cognitive and
reasoning powers of AI, DeepMind founder Demis Hassabis says he's
pleased to see the dizzying developments in AI and machine learning
find real-world applications.

DeepMind demonstrated in July that it was more than simply a game


developer when it released 200 million entries to AlphaFold, an
open-access database of 3D protein structures, much outpacing the
350,000 protein structures it had at launch in the summer of 2021.
For researchers working on drug development, synthetic biology, and
nanomaterials, the extra structures—basically, the entire protein
universe—are a huge gift. Finding protein structures has historically
proven challenging and expensive since proteins aren't static; rather,
they are constantly folding and refolding before settling into their
final 3D shape.

The February release of a deep-learning system that could control


the plasma core of a nuclear fusion reactor, a crucial condition for
employing the technology safely, is another of DeepMind's realistic
2022 achievements in addition to AlphaFold. Additionally, in
October, DeepMind's AlphaTensor neural network smashed a record
for matrix multiplication that had stood for 50 years; this
achievement may lead to improvements in the speed with which
speech and picture recognition, data compression, and computer
graphics are produced.

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28 Folx Health

The first digital healthcare service provider, FOLX Health, was


created for the LGBTQIA+ community's medical needs. Folx Health, a
telehealth business that started three years ago and offers direct-to-
consumer hormone replacement surgery for transgender people, can
help you navigate the healthcare system. Today, it's growing to serve
as a resource for the larger LGBTQ community, covering everything
from family planning and general care to sexual health. Through a
new enterprise offering, Folx is now collaborating with employers
who want to offer workers care that is LGBTQ-competent, and it is
working to take insurance.

Early clients of its enterprise offering include the dating service


Grindr, the financial platform Planful, and the Ali Forney Center, a
sanctuary for LGBTQ adolescents. Additionally, in October,
7wireVentures, whose managing partner Lee Shapiro joined the Folx
board of directors, led a $30 million Series B fundraising round for
Folx. With all of these initiatives—and brand-new mental health
services that will launch this year—Folx. One of the businesses
coming forward to meet the needs of underserved people is Folx
Health.

29 Cityblock Health

As the first tech-driven provider for communities with complicated


requirements, Cityblock was established in 2017. To ultimately lower
costs and improve results, the organization provides better care
where it is most needed by investing upstream in highly tailored,
prevention-focused health and social care. By combining useful
information, coordination, and communication for our members and
care teams, Cityblock's technology enables scale.

Teams of doctors, nurses, social workers, and mental health


professionals operate in teams at Cityblock clinics, which also
provide in-home and online care. Teams are assigned to patients
based on their individual needs. The Brooklyn-based company has
over 100,000 members, operates in six states, plus Washington, D.C.,
and raised close to $600 million in 2021; it is valued at over $6
billion. Recently, Ohio and Indiana were included.

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30 Maven Clinic

Employers now act as a safety net for abortion access in this country
following the Dobbs decision by the Supreme Court. With a focus on
women's health, Maven Clinic is a virtual healthcare service that
provides everything from OB/GYN treatment to egg freezing and
lactation consultations. Today, it aids in navigating the changing
terrain of reproductive care for the businesses that provide its
services as an employee benefit. Maven observed a 67% increase in
businesses looking to add benefits for reproductive health in the
month following the verdict.

The three-year-old Maven Wallet software from the business


expedites reimbursement from employer-allocated cash and aids
patients who must travel out of state for treatment. Maven also
developed a platform called Pregnancy Options that helps link
patients with professionals who can help them make decisions.
Maven has been extending its reach beyond companies to deal
directly with insurers at the same time. With aspirations to expand to
more states in 2023, it now provides Medicaid patients with services
in Arkansas.

As of November, the firm had raised $90 million in a Series E round,


valuing it at $1.35 billion, making it the most valuable startup in the
women's health sector. More than 15 million users can access its
services, which are provided by businesses like AT&T and Microsoft,
in more than 175 countries.

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31 Hazel Health

Hazel Health, a national pioneer in school-based telehealth,


collaborates with health insurance and school districts to offer K–12
kids mental and physical health treatments right where they are—at
home and school. To decide on the optimal care for pupils, Hazel's
diverse, culturally competent professionals collaborate with parents
and school staff. They are experts in dealing with the health issues
that face children and teenagers. Regardless of family income,
location, insurance status, or immigrant status, Hazel is available and
devoted to enhancing healthcare equity. Hazel's goal is to improve
children's access to healthcare because healthier students do better
academically.

Hazel Health has discovered that it is advantageous to meet children


where they are when trying to get them to go to the doctor. The San
Francisco-based startup provides free telehealthcare in schools for
kids who face a variety of barriers, such as housing insecurity and
lack of insurance as well as family income and immigration status,
that prevent them from seeing a primary care physician. In schools
where Hazel is available, about two-thirds of the pupils are eligible
for free and reduced meals.

The company provides primary care appointments in schools in 14


different states, this year expanded its innovative teletherapy service
to 50 school districts across nine different states. Long provider wait
times during the pandemic and an increasing emphasis on mental and
behavioral health amid a crisis for kids and teenagers led to the
creation of the mental health service. All 170,000 K–12 students in
Hawaii received access to Hazel's mental health program last May
after the state education department embraced it, and two districts
in Colorado also collaborated with Hazel.

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32 3XN

Earlier this year, a 49-story office skyscraper made from a decades-


old building was added to Sydney's skyline, giving it an incredibly
contemporary look. The Quay Quarter Tower was built on the site of
a 1976 skyscraper by the Danish architectural firm 3XN. It is located
in the city's famed Circular Quay.

This type of extensive structural reuse has definite environmental


benefits and is more akin to a facelift than a birth. The new
skyscraper was constructed using 65% of the existing structure's
floor plates and 95% of its concrete elevator shafts and stairwells,
which allowed 3XN to use less material overall. The so-called
embodied carbon emissions that would have been produced by
producing new concrete and steel for construction were reduced as a
result. According to the architects, this strategy prevented the need
for roughly 5,000 round-trip flights between Sydney and
Copenhagen, or 13,000 tons of embodied carbon.

Despite having interiors that are almost 50 years old, the new
tower's architecture is upscale and modern, with a trapezoidal shape
and multi-planed exterior that maximizes views of the famous
Sydney Opera House while providing its shade. It demonstrates that
anything, even something as large as an old office tower, can be
transformed into something lovely and useful.

33 Ultima Genomics

The power of genomes is being released at scale through Ultima


genomes. The company's goal is to continuously expand the scope of
genomic data to enable previously unheard-of biological
breakthroughs and advancements in human health. There is an
almost constant demand for additional genomic data as mankind
approaches a biological revolution to address the complexity and
dynamic development of biology. There is also a further need to push
the limits of current next-generation sequencing technologies. The

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cutting-edge novel sequencing architecture of Ultima reduces
sequencing costs to assist in overcoming the compromises that
researchers and physicians must make between the breadth, depth,
and frequency with which they use genomic data.

Following almost six years in stealth mode, Ultima Genomics shocked


the scientific community in May 2022 with the announcement of a
breakthrough in DNA sequencing: a $100 genome, a staggering
sixfold cost reduction over current technologies, and a dramatic
decrease from the cost of the first fully sequenced human genome,
which is estimated to have cost between $500 million and $1 billion.
The price of sequencing a complete human genome has stayed
around that amount ever since the biotech company Illumina
discovered a technology to sequence the human genome for less
than $1,000 in 2014. Since then, Illumina has dominated the industry
of next-gen sequencing. The going rate only decreased to roughly
$600 in 2022.

34 Sorare

A fantasy sports video game using Bitcoin is called Sorare. Nicolas


Julia and Adrien Montfort created it in 2018. Baseball, basketball,
and football are the three sports played in Sorare. It is accessible on
web browsers, iOS, and Android devices.

Other NFT ventures have recently shown their weaknesses, but a


Parisian firm called Sorare has built many popular blockchain-based
fantasy sports leagues by putting playability above immediate gains.
The 3 million users of Sorare collect digital trading cards of athletes
to create a team, and as those players succeed in the real world, they
are eligible to earn monetary prizes and rewards (meet & greets,
signed jerseys, etc.).

The four-year-old business improved its strategy in European soccer


and raised $680 million at a $4.3 billion valuation in 2021. It now has
affiliations with almost 300 teams and leagues worldwide, including
the English Premier League and the Bundesliga of Germany. The
business entered the United States in 2022 and debuted games with
the NBA, MLS, and MLB. The NBA game alone, which debuted in
September, attracted more than 260,000 players by the end of the
year.

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35 CounterCraft

Businesses may improve their security posture more effectively than


ever thanks to CounterCraft. Expertly designed and built, the
CounterCraft Cyber Deception Platform enables high-end deception
for threat hunting and threat detection utilizing regulated, highly
credible synthetic settings. It integrates effortlessly with existing
security tactics. Leading businesses in the trade, government, and
financial sectors, as well as law enforcement agencies, are already
protected by CounterCraft because it speeds up threat identification
earlier in the attack lifecycle, offers proof of malicious activities and
modus operandi, and accelerates threat detection.

The feature-rich CounterCraft Cyber Deception Platform automates


cyber deception campaigns across a whole range of digital assets and
produces high-quality alerts with no false positives, strengthening
the overall security posture. High-end deception; more than just
detection; broad counterintelligence scope are all features of the
CounterCraft system.

More than 20 Fortune 500 Index organizations, including financial


institutions, governments, and law enforcement agencies, use
CounterCraft's revolutionary contribution to the deception
technology sector, which has gained international recognition.

36 Flashfood

When food is thrown away, it typically ends up in a landfill where it is


covered by other trash and rots, emitting methane gas. International
food waste, after the United States and China, would rank third
among countries in terms of its contribution to greenhouse gas
emissions. To reduce food waste at the shop level, Flashfood partners
with grocery chains to enable them to sell excess food through the
Flashfood app at large discounts for its users. Users of Flashfood can
view food bargains on their phones, pay with their phones, and pick
up their purchases in-store. Flashfood helps supermarkets cut down

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on shrink, offers consumers a convenient method to buy wholesome,
fresh food, and diverts excess food that may otherwise go to waste.

The goal of Flashfood is to get more food onto people's plates instead
of in landfills, where it releases methane that contributes to global
warming. The five-year-old firm developed an app that enables
grocery stores to notify customers about goods that are about to
expire (mainly meat, dairy, and vegetables) and provide them with
immediate discounts—on average, 50%—to buy such things. Before
picking up the items from designated Flashfood fridges and dry racks
in-store, customers purchase the goods via an app. (Flashfood keeps
a little portion of every sale.) For grocery stores, that offers the
chance to generate extra income from products that might otherwise
go to waste. The app provides clients with crucial discounts on
nutritious goods.

The company, located in Toronto, grew this past year to cover more
than 1,600 stores in 22 states and 10 provinces, including the brands
Giant and Stop & Shop. The company, which entered the U.S. market
in 2019, began there in 2019. The business recently started enabling
SNAP recipients—roughly 13% of Americans—to make purchases on
the app using electronic benefit transfer (EBT) cards, increasing
access for those who lack access to food. Early in 2023, Flashfood
will start expanding the project to all 259 Meijer locations around
the Midwest after piloting the new feature in Michigan.

37 Airtable

Cloud-based collaboration tool Airtable has its main office in San


Francisco. Howie Liu, Andrew Ofstad, and Emmett Nicholas started it
in 2012. Airtable is a hybrid spreadsheet database that applies
database functionalities to a spreadsheet. The fields in an Airtable
table are comparable to the cells in a spreadsheet, except they can
relate to file attachments like photos and include types like
"checkbox," "phone number," and "drop-down list." A database can be
created, column types can be set up, records can be added, tables can
be linked to one another, users can interact, records can be sorted,
and views can be published to external websites.

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38 Valve

The Steam Deck from Valve is more than just a more powerful
Nintendo Switch substitute. It also offers a challenge to the closed
platforms that have come to characterize contemporary consumer
electronics and a possibility to displace traditional consoles by
democratizing PC gaming. At $399, the portable is more expensive
than a Switch, but it has superior hardware for playing the newest
games at greater quality, and it makes use of Valve's hugely popular
PC marketplace to provide a wide variety of games. However, Valve
does not restrict users to the Steam library. The Steam Deck
supports installing a wide range of additional programs, including
web browsers, retro emulators, and competing game stores like the
Epic Games Store, through an integrated Linux-based desktop mode.

Users will soon be able to trade players between leagues and sports,
such as trading NBA forward LeBron James for Paris Saint-Germain
attacker Kylian Mbappé. Fantasy matchups will always be influenced
by live sports.

39 LearnPlatform

As the pandemic spread, instructors relied more and more on a wide


range of digital resources. In comparison to just five years ago, the
average school district now uses more than 1,400 edtech items each
month. Schools want to demonstrate that these technological
solutions are effective due to the flood of new technology and
financing regulations that demand federal funds go toward
"evidence-based services." Through its automated data analysis and
algorithms, which have been improved by both data scientists and
previous educators, LearnPlatform assists instructors in evaluating
the effectiveness of their edtech portfolio.

In 2021, its school customers conducted more than 400 evaluations,


saving an estimated $40 million when compared to traditional
techniques. As of 2022, LearnPlatform has conducted more than
1,200 evaluations for districts that serve close to 10 million kids and

36 www.globalbizoutlook.com
teachers. LearnPlatform introduced a new service in February 2022
to assist edtech businesses trying for school contracts. With the help
of this "evidence-as-a-service" subscription model, edtech companies
may demonstrate their worth and more easily meet the Every
Student Succeeds Act's (the Obama-era education reform law's)
efficacy standards. Additionally, LearnPlatform just unveiled a new
certification for businesses that satisfy those criteria, giving school
districts the ability to decide quickly and intelligently on edtech
products.

The subscription service from LearnPlatform is now used by more


than 60 businesses, including well-known edtech organizations like
Age of Learning and Varsity Tutors. These initiatives caught the
attention of Instructure, a provider of digital learning and
assessment solutions with a market worth of $3.6 billion, which
purchased LearnPlatform in December 2022 for an unknown sum.

40 Formic

Formic's understanding of automation stems from a very human


observation: Many business owners who would benefit from robots
don't have the time to investigate their choices since they are already
overloaded with dealing with their human employees. The robots-as-
a-service offered by Formic's solution. The Chicago-based business,
which was established in 2020, officially debuted in August of that
year, and has since completed more than 50 deployments, doesn't
just provide a robots-for-rent answer to that issue. Before
prescribing a course of action for the robot's formic purchases from
vendors like Fanuc and ABB, its software first conducts research into
each company's situation, including a 3D laser scan of a factory.

Models for activities including welding, case packing, and injection


molding are included in the company's robotic fleet. With its new
Formic Flex service, businesses may subscribe to robotic systems for
as little as $8 an hour and switch between Formic's automated
choices as needed. According to the business, its clients save an
average of 42% on operating expenses—75% of whom had never
deployed robots before employing Formic. Farid continues by stating
that this has increased employment since more productive factories
are receiving more business and are hence necessitating additional
shifts.

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41 Regrow Ag

Cloud-based collaboration tool Airtable has its main office in San


Francisco. Howie Liu, Andrew Ofstad, and Emmett Nicholas started it
in 2012. Airtable is a hybrid spreadsheet database that applies
database functionalities to a spreadsheet. The fields in an Airtable
table are comparable to the cells in a spreadsheet, except they can
relate to file attachments like photos and include types like
"checkbox," "phone number," and "drop-down list." A database can be
created, column types can be set up, records can be added, tables can
be linked to one another, users can interact, records can be sorted,
and views can be published to external websites.

42 Eventbrite

An American event planning and ticketing website is called


Eventbrite. Users of the service can browse, create, and advertise
nearby events. Unless the event is free, the service charges event
organizers a fee in exchange for online ticketing services. Eventbrite
was established in 2006 and has its headquarters in San Francisco. In
2012, they built their first overseas office in the United Kingdom.
Nashville, London, Cork, Amsterdam, Dublin, Berlin, Melbourne,
Mendoza, Madrid, and So Paulo are among the cities where the
corporation maintains local offices. On September 20, 2018, the firm
was listed on the New York Stock Exchange with the ticker symbol
EB.

43 Eight Sleep

Eight Sleep introduced its Pod 3 mattress last year. It has a starting
price of $3,095 and several features, including sensors that track
sleep stages, automatic temperature adjustment, and a vibrating
wake-up function. The company's Pod 3 mattress cover, which has a

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starting price of $2,195, is even more amazing because it
incorporates much of the same technology, including twice as many
onboard sensors as earlier models and algorithms that interpret the
data into measurements like heart rate and breathing rate.

With the help of this information, Eight Sleep's AI-driven SleepOS


learns about users and customizes their beds to suit their demands.
(To help with these efforts, Eight Sleep purchased the health
coaching business Span Health in March.) Fans of Eight Sleep include
celebrities, businesspeople, and professional athletes.

44 Sesame Solar

Around 300 emergency personnel and civilians relied on nano grids,


or transportable power units, attached to trailers that included
bathrooms, toilets, and even laundry machines when Hurricane Ian
left the city of Fort Myers, Florida, in the dark in September 2022.
The Michigan-based Sesame Solar, which deployed the first
emergency mobile unit powered solely by renewable energy last
year, is the company that created the nano grids.

The units have retractable solar panels on top that can purify up to
130 liters of water every day and power up to six homes (or 2,500
phones) at once. The trailers underneath can be used as clinics,
emergency response centers, and other facilities. When several are
combined, a command center is created.

Each of its nanogrids is built for quick deployment with a small,


adaptable design that can be set up by a single person in less than 15
minutes, and can autonomously provide clean power for weeks.
Immediately after installation, the retractable solar walls start
charging the unit's battery. When the battery runs out, there is a
clean backup power source: electrolyzed green hydrogen. A
"continuous energy loop" created by an optional wind turbine
eliminates the need for fossil fuels and is unaffected by storms or
wildfires. Comcast and Cox, as well as federal organizations like the
U.S. Air Force and regional towns that frequently need to generate
electricity quickly during severe weather occurrences, are some of
Sesame Solar's clients.

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45 Loom

Technology firm Loom, Inc. offers software for business video


communication. Screen and camera recording, video editing,
transcription, and the ability to share the recorded video link with
others are all features of the Loom technology. The business is valued
at $1.5 billion, and venture capital firms like Sequoia, Andreessen
Horowitz, ICONIQ, Coatue, and Kleiner Perkins have invested $200
million in it. The corporation is situated far away, although it has a
New York office and a San Francisco headquarters.

Since the epidemic, video communication has been standard


practice, but Loom goes beyond simply shifting a meeting from a
conference room to a screen. It transforms the short-form video
phenomena into a successful method for companies to pitch
customers, describe how a product works, or exchange information
internally. Consider it TikTok for enterprises.

The eight-year-old startup assists its 18 million users across 350,000


enterprises by enabling them to generate brief films (up to five
minutes long) that can be watched anytime and shared as needed
and avoid time-consuming scheduled video sessions, both internally
and externally. It has been heavily utilized by those clients, which
include Netflix, HubSpot, and P&G's Tide line. More than 215 million
"looms" were known as of December.

46 MrBeast

Jimmy Donaldson, nicknamed MrBeast, has the most subscribers in


the world despite only uploading 15 videos to his primary YouTube
channel in 2022. This helped Donaldson surpass the 125 million
subscriber mark (as of mid-February 2023, he had accumulated 134
million subs). In those videos, he wowed viewers by building Willy
Wonka's chocolate factory (in a tie-in with the launch of his
Feastables line of chocolate bars and cookies) and traveling through
Antarctica for 50 hours. The fact that MrBeast accomplished a
similar accomplishment on TikTok, where he currently has more than

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77 million followers, may be even more amazing.

The MrBeast Burger company, which works from more than 1,700
ghost kitchens and attracted 10,000 admirers to its real-world
premiere this summer in New Jersey, is just one of the complex
worldwide businesses powered by MrBeast's videos that generated
around $110 million in revenue in 2022. More than 200 people work
for MrBeast, which is fiercely committed to enhancing every facet of
its business. Last October, it partnered with East Carolina University
to develop production talent and optimize audience retention by
tracking every second a video loses viewers.

47 3dar

A leading production studio in virtual and augmented reality, 3dar


began almost 20 years ago as an animation studio run by two
brothers and filmmakers. The company now uses the technology to
engage users and produce stories.

The Buenos Aires, Argentina-based business was one of Meta's


largest AR filter partners in Latin America the previous year,
producing social games and selfie filters for Instagram and Facebook
all year long. Eggscape, an immersive mixed-reality game where
players use the pass-through mode of Meta Quest 2 to direct an
anthropomorphic egg through an augmented-reality obstacle course,
also won a Lion at the 2022 Venice Film Festival in September. A key
component of 3dar's goal to use technology to foster imagination
and popularize new and original visual languages is the combination
of physicality in the real world and virtual reality gameplay.

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48 Robust Intelligence

It's critical to find faults that, if left unchecked, might have disastrous
effects as machine learning affects business operations across a
variety of industries, from finance to medical to travel. Located in the
Bay Area, Robust Intelligence helps firms regularly validate AI
models and data while keeping an eye out for unusual behaviors and
flaws. This makes it possible for data science teams to verify a
model's performance, fairness, and security more rapidly and
effectively. By monitoring abnormalities in real time, Robust
Intelligence's AI Firewall software can also stop bad data from
entering production models.

46 Axiom Space

With its headquarters in Houston, Texas, Axiom Space, Inc., also


known as Axiom Space, is an American company that develops space
infrastructure with private funding. In 2022, the business launched
its first space mission, Axiom Mission 1, the first commercially
crewed private trip to the International Space Station. It was
founded in 2016 by Michael T. Suffredini and Kam Ghaffarian. By
2025, the business hopes to own and run the first commercial space
station ever built. Astronauts Michael Lopez-Alegria and Brent W.
Jett Jr. as well as former NASA Administrator Charles Bolden are
employed by the company. In 2022, the corporation launched its first
commercial humans into space. Additionally, it arranges for private
and government-funded astronauts to travel into space for the
purposes of space exploration, manufacturing, and research.

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50 Mschf

Mschf, an art collective, excels at mocking consumerism while


igniting it with its hype beast-worthy product launches. The New
York-based collective was behind Lil Nas X's infamous 2021 Satan
Shoes, a limited edition run of 666 pairs of altered Nike Air Max 97s
that included human blood and led to a lawsuit from the footwear
industry behemoth. (A month later, the firms reached a deal.)

With nearly two dozen limited-edition releases that celebrate the


excesses and follies of capitalism in 2022, Mschf captured the
public's attention. This contained piles of pixelated money in various
foreign currencies as well as $24 six-packs of Sacred Seltzer, a strong
seltzer brewed with holy water ("Get crunk on Christ!"). (In 2021,
Sotheby's sold Big Blur, a five-foot-tall replica of this piece in USD, for
$57,000.) Most products sold out right away, and a lot of them ended
up on StockX and other resale websites.

Meanwhile, the group continues to distribute shoes through the


Mschf Sneakers app, ranging from silly to downright absurd. On the
one hand, there is the ingenious Gobstomper ($195), a skate shoe
whose surface suede changes color as it ages. On the other hand,
there is a $450 medical walking boot as well as the Big Red Boot
($350), which gained popularity on social media before going on sale
in mid-February 2023 and has an Astro Boy cartoon design. A display
by Mschf at the Perrotin Gallery in New York, which featured works
with rumored prices ranging from $25 to $150,000, marked the end
of 2022. Here are some examples of its most noteworthy most
recent work.

www.globalbizoutlook.com 45
SALES CONTACTS
North America Asia & Europe

Sonia Saroj Nilu Kumari


Sr. Analyst, Business Development Sr. Business Solution Consultant
& Industry Intelligence Office: +1-847-852-4574
Office: +1-847-852-4574 Cell: +91-9604384870
Email: sonia.saroj@globalbizoutlook.com Email: nilu.kumari@globalbizoutlook.com

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