RUNWITHIT SYNTHETICS ANNOUNCES A MULTI-MILLION DOLLAR INVESTMENT BY RAVEN INDIGENOUS CAPITAL PARTNERS
RUNWITHIT Synthetics will use funding to enable more resilient, sustainable cities through its synthetic modelling platform.
EDMONTON, ALBERTA (August 28, 2024) — RUNWITHIT Synthetics Inc. (RWI), a leader in Synthetic Modelling, Data and Twin technology, is excited to announce a growth investment from Raven Indigenous Capital Partners. This funding will fuel product innovation and bring RWI’s platform to more cities and communities in North America and beyond.
RWI’s AI and 3D geospatial visualization platform provides regional leaders with unprecedented access to intelligence about the futures of their communities. RWI synthesizes cities and regions as living digital twins, including the people’s lives and livelihoods, and then provides choices for playing forward and visualizing potential futures in virtual reality. Advanced live and configurable scenarios of anticipated events, policies, technologies and infrastructure provide quantified results to support investments in critical challenges such as decarbonization, emergency response, and social and infrastructure planning.
“RWI’s partnership with Raven fuels our capacity to reach and deliver new ways of successfully seeing, assessing and engaging accelerated change to a global market.”
- mYRNA Bittner
Co-founder and CEO, RUNWITHIT Synthetics
“We have a profound promise to keep for all those yet to come to preserve and revitalize the web of life of our planet, and RWI helps converge human energy, through its technology and approach, to help get us to keep this promise.”
- Dean Bittner
Co-founder and CTO, RUNWITHIT Synthetics
“Raven is thrilled to back RWI’s mission to equip regions with advanced decision-support tools in planning and critical infrastructure resilience. We are excited to support the next phase of growth of RWI as it expands its synthetic platform and product offerings that place their technology directly in the hands of customers.”
- Devon krainer
Investment Associate, Raven Indigenous Capital Partners
Cities and regions around the world are using RWI’s award-winning, hyper-localized, large-scale models as digital “sandboxes” to explore a range of what-if scenarios crucial to their future like forecasting a community’s experience of an unprecedented extreme cold snap and power outage, or predicting the long-term impacts of infrastructure investment decisions on economic growth, workforce development and GHG emissions.
This funding marks a significant milestone in RWI’s journey to advance its mission: to create technology that empowers communities, drives sustainable development and fosters resilience in an increasingly complex world.
About RUNWITHIT Synthetics Inc.
Founded in 2014, RUNWITHIT Synthetics Inc. is a Certified Indigenous Business headquartered in Edmonton. RWI’s leading-edge technology and its applications worldwide have won numerous awards, including the ASTech “Innovation of the Year” and the United Nations’ Global Call for Decarbonization. RWI is dedicated to advancing a better world by applying diverse expertise and voices through deep tech to inform equity, sustainability and resilience.
About Raven Indigenous Capital Partners
Established in 2018, Raven Indigenous Capital Partners is an Indigenous-led and owned impact investment firm headquartered in Vancouver. Raven works in partnership with Indigenous businesses to accelerate growth by providing access to capital and advisory support within an Indigenous cultural framework. Ultimately, Raven aims to achieve a positive and lasting impact on the Indigenous economy.
PRESS CONTACT:
For any media inquiries, please contact:
Myrna Bittner, info@runwithitsynthetics.com
Devon Krainer, info@ravencapitalpartners.com