Latest news with #JohnFife
USA Today
22-05-2025
- Business
- USA Today
Arrive AI Secures $40 Million Capital Infusion via Streeterville Capital
Funding will be used for production and company growth in the US and abroad Arrive AI (NASDAQ:ARAI), an autonomous delivery network anchored by patented AI-powered Arrive Points™, today announced that it has secured financial backing of up to $40 million from Streeterville Capital, LLC. Access to the capital coincided with Arrive AI's public debut on Nasdaq on May15, 2025. 'This significant capital injection is one of the reasons we went to the public markets,' said Arrive AI CEO Dan O'Toole. 'We celebrate the forward thinking Streeterville is leading with in their major commitment to our vision.' Streeterville Capital is an investment firm with operations in Utah and Tennessee with investments in companies including Cingulate, the Marygold Companies and Damon Inc. Streeterville Capital President John Fife said he is intrigued with the vast potential of Arrive AI's solution for package delivery issues like security and efficiency, and the cost savings that can be gleaned. 'This is an exciting answer to problems that are plaguing every industry. Dan and his crew really saw the future coming and worked quickly to meet needs that are starting to be seen around the world,' Fife said. 'We're excited to see how this plays out and are clearly bullish about Arrive AI.' In 2014, O'Toole filed for his first patent for his concept of an AI-powered, smart mailbox capable of securely accepting packages delivered autonomously, beating similar filings from other potential competitors. Since then, he has built a global team, made multiple iterations and acquired complementary technology to refine the devices now known as 'Arrive Points.' The company, which has amassed nearly 5,000 private investors and raised nearly $12 million, has largely generated capital via crowdsourcing. Now that Arrive AI is public a new chapter has begun. -30- About Arrive AI Arrive AI's patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience. Learn more at ( Media contact: Cheryl Reed, media@ Investor Relations Contact: Alliance Advisors IR, Cautionary Note Regarding Forward Looking Statements This news release and statements of Arrive AI's management in connection with this news release or related events contain or may contain 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as 'expects', 'anticipates', 'intends', 'plans', 'believes', 'potential', 'will', 'should', 'could', 'would', 'optimistic' or 'may' and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors which may be beyond our control. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Potential investors should review Arrive AI's Registration Statement for more complete information, including the risk factors that may affect future results, which are available for review at Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. SOURCE: Arrive AI Inc. View the original press release on ACCESS Newswire
Miami Herald
22-05-2025
- Business
- Miami Herald
Arrive AI Secures $40 Million Capital Infusion via Streeterville Capital
Funding will be used for production and company growth in the US and abroad INDIANAPOLIS, INDIANA / ACCESS Newswire / May 22, 2025 / Arrive AI (NASDAQ:ARAI), an autonomous delivery network anchored by patented AI-powered Arrive Points™, today announced that it has secured financial backing of up to $40 million from Streeterville Capital, LLC. Access to the capital coincided with Arrive AI's public debut on Nasdaq on May15, 2025. "This significant capital injection is one of the reasons we went to the public markets," said Arrive AI CEO Dan O'Toole. "We celebrate the forward thinking Streeterville is leading with in their major commitment to our vision." Streeterville Capital is an investment firm with operations in Utah and Tennessee with investments in companies including Cingulate, the Marygold Companies and Damon Inc. Streeterville Capital President John Fife said he is intrigued with the vast potential of Arrive AI's solution for package delivery issues like security and efficiency, and the cost savings that can be gleaned. "This is an exciting answer to problems that are plaguing every industry. Dan and his crew really saw the future coming and worked quickly to meet needs that are starting to be seen around the world," Fife said. "We're excited to see how this plays out and are clearly bullish about Arrive AI." In 2014, O'Toole filed for his first patent for his concept of an AI-powered, smart mailbox capable of securely accepting packages delivered autonomously, beating similar filings from other potential competitors. Since then, he has built a global team, made multiple iterations and acquired complementary technology to refine the devices now known as "Arrive Points." The company, which has amassed nearly 5,000 private investors and raised nearly $12 million, has largely generated capital via crowdsourcing. Now that Arrive AI is public a new chapter has begun. -30- About Arrive AI Arrive AI's patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience. Learn more at ( Media contact: Cheryl Reed, media@ Investor Relations Contact: Alliance Advisors IR, Cautionary Note Regarding Forward Looking Statements This news release and statements of Arrive AI's management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential", "will", "should", "could", "would", "optimistic" or "may" and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors which may be beyond our control. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Potential investors should review Arrive AI's Registration Statement for more complete information, including the risk factors that may affect future results, which are available for review at Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. SOURCE: Arrive AI Inc.
Yahoo
27-01-2025
- Health
- Yahoo
WWII veteran turns 100, reveals the secrets of a long, healthy life
A man who served in World War II as an airman recently turned 100 years old — and celebrated in style with two different birthday parties. He also said the smartphone has been one of the most significant inventions in his lifetime — plus shared his tips for living a long and healthy life. John Fife, who lives in Clevedon, in North Somerset in the U.K., turned 100 on Dec. 26, 2024, news agency SWNS reported. Eating This Breakfast Food Could Help You Live Longer, Study Suggests He celebrated first with family and friends at a hotel — and second with friends and neighbors in the lounge at Coleridge Court, a McCarthy Stone Retiring Living development, as SWNS noted. He said, "I feel very fortunate that I still enjoy good health and am able to get out and about." Read On The Fox News App Born and educated in Edinburgh, Fife said he was called up for national service with the Royal Air Force in 1943. He trained as a wireless operator and air gunner in the RAF, SWNS said. He then served with Coastal Command Air/Sea Rescue until he was demobilized in 1946. To Live Longer, Do These 5 Things Every Day, Says A Brain Health Expert After leaving the military, Fife got married and started a career in the civil service with the Post Office Savings Bank in two different locations. He, his wife and their two sons moved to Glasgow in 1966 where, following the separation of the Savings Bank from the Post Office, he worked on setting up a new headquarters for the Savings Bank, known today in the U.K. as National Savings & Investments, the same source noted. During this time, he received special recognition for his services. "In 1970, I was presented to Queen Elizabeth II on her visit to the headquarters of the new Department," Fife said, as SNWS reported. He retired from the Civil Service in 1984 and moved to Clevedon to be nearer his sons. Click Here To Sign Up For Our Health Newsletter So how does he keep active even today? "I start each day with a fixed goal, such as a long walk or going to church, and I love completing jigsaws," he said, as SWNS reported. For more Health articles, visit He said he's also "made new friends and started new activities since moving to Coleridge Court in 2022." When asked for his secrets of living a long life, Fife was quite clear. "Make a decision to do things and carry them out and do what you can to help the less fortunate," he said. He said medical advances throughout his years on Earth have been extraordinary — and also named the smartphone as probably the most significant development he's witnessed in his 100 article source: WWII veteran turns 100, reveals the secrets of a long, healthy life
Fox News
27-01-2025
- Lifestyle
- Fox News
WWII veteran turns 100, reveals the secrets of a long, healthy life
A man who served in World War II as an airman recently turned 100 years old — and celebrated in style with two different birthday parties. He also said the smartphone has been one of the most significant inventions in his lifetime — plus shared his tips for living a long and healthy life. John Fife, who lives in Clevedon, in North Somerset in the U.K., turned 100 on Dec. 26, 2024, news agency SWNS reported. He celebrated first with family and friends at a hotel — and second with friends and neighbors in the lounge at Coleridge Court, a McCarthy Stone Retiring Living development, as SWNS noted. He said, "I feel very fortunate that I still enjoy good health and am able to get out and about." Born and educated in Edinburgh, Fife said he was called up for national service with the Royal Air Force in 1943. He trained as a wireless operator and air gunner in the RAF, SWNS said. He then served with Coastal Command Air/Sea Rescue until he was demobilized in 1946. After leaving the military, Fife got married and started a career in the civil service with the Post Office Savings Bank in two different locations. He, his wife and their two sons moved to Glasgow in 1966 where, following the separation of the Savings Bank from the Post Office, he worked on setting up a new headquarters for the Savings Bank, known today in the U.K. as National Savings & Investments, the same source noted. During this time, he received special recognition for his services. "In 1970, I was presented to Queen Elizabeth II on her visit to the headquarters of the new Department," Fife said, as SNWS reported. He retired from the Civil Service in 1984 and moved to Clevedon to be nearer his sons. So how does he keep active even today? "I start each day with a fixed goal, such as a long walk or going to church, and I love completing jigsaws," he said, as SWNS reported. He said he's also "made new friends and started new activities since moving to Coleridge Court in 2022." When asked for his secrets of living a long life, Fife was quite clear. "Make a decision to do things and carry them out and do what you can to help the less fortunate," he said. He said medical advances throughout his years on Earth have been extraordinary — and also named the smartphone as probably the most significant development he's witnessed in his 100 years.
