Latest news with #Amboss
Malaysian Reserve
5 days ago
- Business
- Malaysian Reserve
Amboss Launches Rails: Empowering Bitcoin Yield and Lightning Network Growth
NASHVILLE, Tenn., May 29, 2025 /PRNewswire/ — Amboss, a leader in AI-driven solutions for the Bitcoin Lightning Network, today unveiled Rails, a self-custodial Bitcoin service designed to enhance asset utility. Developed for companies, custodians, and high net worth individuals, Rails enables participants to put their Bitcoin to work while contributing to the performance and scalability of the Lightning Network. This launch marks a significant step forward in creating decentralized, reliable payment infrastructure for the Bitcoin ecosystem. Rails introduces a secure, innovative way for participants—termed Liquidity Providers (LPs)—to maintain full custody of their Bitcoin while generating returns through payment routing and liquidity leases. By integrating Amboss' advanced AI technology, Rails enhances the Lightning Network, enabling faster, more dependable transactions and supporting larger payment volumes. 'Rails is a transformative force for the Lightning Network,' said Jesse Shrader, CEO and Co-Founder of Amboss. 'It's not just about yield—it's about enabling businesses to strengthen the network while earning on their Bitcoin. This is a critical step in Bitcoin's evolution as a global medium of exchange.' Launch Partners and Network Impact Amboss has partnered with leading Bitcoin industry players, including CoinCorner, LQwD, and Flux (a joint venture between Axiom and CoinCorner), to bring Rails to market. CoinCorner, a pioneer in Lightning Network adoption, has integrated it into its exchange operations and everyday payment systems across the Isle of Man. LQwD, a key player in Bitcoin infrastructure, and Flux, combining Axiom's and CoinCorner's expertise, share a mission to expand the Lightning Network's role in global payments. Their involvement underscores the industry's confidence in Rails' potential to drive Bitcoin's scalability. 'Rails offers a practical way for businesses like ours to participate in the Lightning Network's growth,' said David Boylan, CFO of CoinCorner. 'We've been using the Lightning Network for years, and Rails provides a structured approach to engaging with its economy, particularly through liquidity leasing and payment routing. This aligns with our goal of making Bitcoin more accessible and practical for everyday use.' The Critical Role of Liquidity Liquidity is the backbone of the Lightning Network, ensuring smooth and efficient transaction routing across its nodes and channels. Rails empowers Liquidity Providers to contribute to this vital resource, enhancing the network's capacity to support high-value, reliable payments. By addressing liquidity demands, Rails not only creates yield opportunities for participants but also fortifies the infrastructure that makes Bitcoin a viable medium of exchange for businesses worldwide. How Rails Works Rails enables participants—known as Liquidity Providers (LPs)—to maintain full custody of their Bitcoin while accessing the Lightning Network economy. Yield opportunities arise from activities like liquidity leasing and payment routing, though returns are not guaranteed. The service includes: Rails LP: For high net worth individuals, companies with Bitcoin treasuries, and custodians, requiring a minimum of 1 Bitcoin committed for at least one year. Liquidity Subscriptions: For businesses receiving Bitcoin payments, offering cost-effective solutions with fees as low as 0.5%. Getting Involved Interested parties can explore Rails and participation details at For media inquiries, users can contact 21M Communications at phil@ About Amboss Amboss Technologies harnesses machine learning, including reinforcement learning on network graphs, to develop intelligent tools for the Lightning Network. With over five years of data-driven insights, Amboss drives network growth and unlocks new opportunities as Bitcoin scales globally. About CoinCorner CoinCorner is a leading Bitcoin exchange and payment provider committed to simplifying Bitcoin adoption. A pioneer in Lightning Network usage, CoinCorner continues to innovate in the Bitcoin space. ContactFounderPhil21M Communicationsphil@ Photo:
Yahoo
25-03-2025
- Business
- Yahoo
Amboss raises €240m to expand offering to nurses, health care professionals
Amboss, a medical education and clinical decision-making company, has closed a €240m ($259.5m) financing round for broadening its offering to nurses as well as other health care professionals. This substantial investment will also strengthen the company's plans to explore other international markets. The funding round involves new long-term investors KIRKBI, M&G Investments, and Lightrock, along with contributions from existing shareholders. The company, which recently transitioned to a European stock corporation (SE), is poised to enhance its technology and penetrate new market segments, with selective acquisitions also forming part of its strategic approach. Amboss co-founder and co-CEO Benedikt Hochkirchen said: "We choose investors who are committed to our long-term vision and very flexible in the investment duration. Many of our new investors manage evergreen funds and plan to accompany us until a possible IPO and beyond.' The financing round comes on the heels of the company's 2024 acquisition of Novaheal, a nursing field start-up. At the core of its mission is the digital empowerment of physicians. The company focuses on integrating the latest medical content with technology, positioning itself as a digital co-pilot for everyday clinical practice. By offering precise and actionable recommendations on treatment and diagnostics based on the latest guidelines, Amboss aims to save time and reduce treatment errors for healthcare professionals. KIRKBI Private Capital head Peter Bason said: 'We are excited to partner with other experienced technology and growth investors to back Amboss' visionary leadership team in their mission of empowering the next generation of health care professionals worldwide." Amboss was founded in 2012 by a group of physicians and focuses on providing quality content, utilising AI technology, and prioritising user experience. "Amboss raises €240m to expand offering to nurses, health care professionals" was originally created and published by Hospital Management, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Bloomberg
25-03-2025
- Business
- Bloomberg
Kirkbi, Lightrock Join €240 Million Round in Medical App Amboss
Kirkbi, Lightrock and M&G Investments joined a €240 million ($260 million) financing round into German medical startup Amboss as primary investors in the software provider that offers co-pilot services for health-care professionals. Existing investors also participated in the secondary share offering, Amboss said in a statement on Tuesday.
