The new location will support the company’s expansion of satellite-enabled telehealth and emergency medical technology solutions

FAIRFAX CITY, Va., Aug. 4, 2026 — Fairfax City Economic Development (FCED) announced that MedVoyage Global Inc, a Taiwan-headquartered global leader in satellite-enabled healthcare technology, has selected the Mason Enterprise Center (MEC) Fairfax for its first United States headquarters. The new location marks MedVoyage’s expansion into the North American market and further strengthens Fairfax City’s role within Northern Virginia’s innovation economy.

MedVoyage develops low-latency, satellite-enabled healthcare platforms connecting medical providers with remote patients, maritime vessels, and emergency response units worldwide. Powered by dual 24/7 global command centers in North America and Asia, the company’s platform processes over 150,000 emergency and remote telehealth cases annually across 80+ medical centers in 40 countries. With real-time streaming, high-reliability, low-Earth-orbit satellite integration, and AI-driven clinical support, MedVoyage ensures uninterrupted digital care and automated pharmacy management in extreme or off-grid environments.

The Fairfax City office will drive MedVoyage’s U.S. sales, system engineering, and regulatory compliance operations. Over the next two years, the company plans to scale its local workforce with systems engineers, clinical compliance specialists, and commercial sales executives.

This business attraction effort originated through the Virginia Economic Development Partnership and the Northern Virginia Economic Development Alliance, of which Fairfax City Economic Development is a member. Following an evaluation of regional technology hubs, MedVoyage selected the MEC Fairfax for its business incubation, growth resources, and soft-landing services designed to help international companies establish and grow their presence in the U.S. market.

“Selecting Fairfax City for our U.S. headquarters is a foundational step in our global scaling strategy,” said Nemo Teng, CEO of MedVoyage Global Inc. “MEC Fairfax offers the ideal soft-landing environment and unparalleled access to the Northern Virginia tech ecosystem, placing us minutes away from critical federal and defense stakeholders such as the U.S. Coast Guard, Department of Health and Human Services, and the Department of Defense. This facility allows us to rapidly build strategic U.S. partnerships, access premier regional engineering talent, and deploy our emergency and maritime telehealth solutions across North America.”

Located in the center of Northern Virginia, the MEC provides business incubation, growth resources, and soft-landing services that help startups and international companies establish and grow their operations. MedVoyage’s investment further strengthens Fairfax City’s reputation as a destination for companies advancing healthcare, artificial intelligence, aerospace, and emerging technologies.

“MedVoyage’s decision to establish its first U.S. headquarters in Fairfax City reflects the strength of our innovation economy and the collaborative business environment we’ve built,” said Colleen Kardasz, CEO and Director of Fairfax City Economic Development. “From connecting international companies with regional resources to supporting their long-term growth, our goal is to provide a strong foundation for business investment. We look forward to working alongside MedVoyage as it builds its U.S. presence from Fairfax City.”

MedVoyage’s lease at the MEC took effect on August 1. The office is located at 10300 Eaton Place, Suite 474. For more information about the MEC, please visit mec-fairfax.org.

About Fairfax City Economic Development
Fairfax City Economic Development is a collaboration between the Fairfax City Economic Development Department and the Fairfax City Economic Development Authority, an independent agency administered by a commission appointed by the City Council to promote economic development activity within Fairfax. Fairfax City Economic Development helps attract businesses to the city, encourages and develops programs that foster connections between businesses, residents, and visitors of Fairfax City, and spearheads innovative programs and strategies devoted to positioning Fairfax City as an ideal location to start, grow, and scale a business. It is a founding member of the Northern Virginia Economic Development Alliance. Learn more at gofairfaxcity.com. 

SOURCE Fairfax City Economic Development

New capabilities securely extend Threat-Led Defense into AI assistants and agentic workflows, enabling security teams to access trusted defensive intelligence where they already work.

RESTON, Va., Aug. 4, 2026 — Tidal Cyber, the creator and global leader of the Threat-Led Defense category, today announced new capabilities that securely extend its industry-first Threat-Led Defense platform into the AI assistants and workflows security teams already trust and use every day.

As organizations increasingly rely on AI assistants such as ChatGPT, Claude, Microsoft Copilot, and custom agentic workflows to accelerate security operations, the threat, coverage, and defensive context needed to answer critical security questions often remains isolated within individual security platforms. Teams are forced to switch between applications, manually gather information, or build custom integrations before they can take action.

Tidal Cyber changes that.

Rather than introducing another AI assistant, Tidal Cyber enables organizations to securely bring Threat-Led Defense into the AI environments they have already adopted. Security teams can access Threat Profiles, Coverage Maps, ATT&CK coverage, recommendations, and defensive context through natural-language interactions with approved AI assistants. This accelerates threat analysis and prioritization while reducing manual effort and streamlining executive reporting. The announcement represents an industry-first approach to making Threat-Led Defense available wherever security teams are located.

“Security teams have already chosen the AI assistants they want to use,” said Rick Gordon, Co-founder and CEO of Tidal Cyber. “The challenge is that those assistants don’t understand an organization’s actual defensive posture. They don’t know your Threat Profiles, Coverage Maps, or where adversaries are most likely to succeed. We believe organizations shouldn’t have to leave the AI tools they rely on every day to access Threat-Led Defense. This innovation extends trusted defensive intelligence into those workflows, making Threat-Led Defense more accessible, more actionable, and more valuable across the security organization.”

The new capabilities allow organizations to securely explore defensive coverage, assess organizational readiness, prioritize engineering work, evaluate threat exposure, and generate leadership-ready summaries using trusted Threat-Led Defense intelligence. Customer data remains under customer control through authenticated, tenant-scoped access that preserves governance while securely connecting approved AI assistants to the Tidal Cyber platform.

Unlike traditional approaches that require organizations to build and maintain custom AI integrations, Tidal Cyber provides a secure, governed connection between their Threat-Led Defense platform and the AI ecosystems customers have already standardized on. The platform extends, not replaces, existing AI investments, allowing organizations to incorporate trusted Threat-Led Defense intelligence into established workflows without changing how security teams conduct work.

“Threat-Led Defense has always been about helping organizations understand how adversaries execute attacks and whether they can stop them,” said Frank Duff, Co-founder and Chief Innovation Officer of Tidal Cyber. “This extends that intelligence beyond our platform itself. Wherever security teams use AI to analyze threats, prioritize work, or communicate risk, they can now securely bring Threat-Led Defense with them. It’s another major step toward making procedure-level intelligence available wherever defensive decisions are made.”

The new capabilities are powered by the Tidal Cyber Model Context Protocol (MCP) Server, which provides a secure, governed connectivity layer between the Threat-Led Defense platform and approved AI assistants and agentic workflows. Rather than creating another destination for security teams, the MCP Server enables organizations to bring trusted Threat-Led Defense insights directly into the AI tools they already use while maintaining authentication, governance, and customer control.

Availability

The new AI connectivity capabilities are available as part of the Tidal Cyber Threat-Led Defense platform.

About Tidal Cyber

Tidal Cyber is the creator and global leader of the Threat-Led Defense category. Purpose-built around adversary procedures and real-world attack execution, the Tidal Cyber platform enables organizations to operationalize procedure-level intelligence across defensive security operations. By correlating threats, vulnerabilities, assets, and defenses through the lens of adversary execution, Tidal Cyber helps organizations prioritize defensive action, measure defensive effectiveness, and reduce attacker success.

SOURCE Tidal Cyber

L’Africa Business Investment Summit (ABIS) 2026 se tiendra les 27 et 28 août 2026 au MGM National Harbor, dans la région métropolitaine de Washington DC, sous le haut patronage de Sa Majesté Otumfuo Osei Tutu II, roi du royaume d’Ashanti, en partenariat avec Millennium Excellence.

WASHINGTON  , 4 août 2026 — Le rendez-vous des investisseurs, dirigeants d’entreprise et responsables gouvernementaux africains présentera environ quatre milliards de dollars d’opportunités d’investissement aux capitaux institutionnels mondiaux, reflétant un intérêt croissant pour le continent, alors que les investisseurs se tournent vers des marchés autres que les marchés développés traditionnels à la recherche de rendements plus élevés, de diversification et de croissance à long terme.

Le sommet s’ouvrira par un discours solennel prononcé par le roi du royaume Ashanti, Otumfuo Osei Tutu II. Il réunira des investisseurs institutionnels, des sociétés de capital-investissement et de crédit privé, des institutions multilatérales de développement, des organismes de financement mixte, des institutions de financement du développement, des représentants d’États, des décideurs politiques, des family offices et des chefs d’entreprise, afin d’explorer les opportunités d’investissement dans les domaines des infrastructures, de l’exploitation minière, des ressources naturelles, de l’agriculture, de l’industrie manufacturière, de la technologie, de l’énergie et d’autres secteurs stratégiques.

Parmi les invités de marque figure la vice-présidente du Ghana, S.E. Naana Jane Opoku-Agyemang, des ministres, des gouverneurs et d’autres hauts représentants gouvernementaux de nombreux pays africains, ainsi que des chefs d’entreprise tels qu’Arian Simone, cofondatrice de Fearless Fund et Fred Swaniker, fondateur de Sand Technologies.

« Les fondamentaux ont changé », déclare Nana Agyeman Prempeh, président de la Millennium Excellence Foundation. « Les projets ayant vu leurs risques réduits grâce à des institutions plus solides, à des financements mixtes et à des réformes politiques, les opportunités d’investissement en Afrique offrent aujourd’hui des rendements ajustés au risque de plus en plus attractifs. Le marché commence tout juste à prendre conscience de cette évolution. »

Ce sommet reflète une transition plus large de l’allocation mondiale des capitaux, les investisseurs institutionnels cherchant à s’exposer aux secteurs africains en pleine expansion que sont les infrastructures, l’industrialisation, la transition énergétique, les technologies et l’industrie manufacturière. Plusieurs projets devraient bénéficier de mesures d’incitation à l’investissement mises en place par les pouvoirs publics afin d’améliorer leur rentabilité, parallèlement à des profils de rendement commercial destinés à attirer des capitaux institutionnels à long terme.

Outre les débats en séance plénière, le programme propose des espaces de négociation dédiés, des sessions d’investissement axées sur des secteurs spécifiques, des tables rondes avec des représentants des pouvoirs publics, ainsi que des réunions privées destinées à faciliter les échanges directs entre investisseurs, décideurs politiques, parrains de projets, promoteurs et chefs d’entreprise. L’Africa Business Investment Summit constitue le point d’orgue de la Millennium Excellence Week, une série d’événements visant à reconnaître le leadership tout en renforçant les liens commerciaux et d’investissement entre l’Afrique et la communauté internationale des investisseurs.

Le public peut s’inscrire pour participer au sommet et à la Millennium Excellence Week sur www.abis-africa.com. Les représentants des médias doivent s’inscrire pour obtenir leur accréditation afin d’assister au sommet et à la Millennium Excellence Week en cliquant ICI.

Investment builds on Wellinks’ strategic partnership with UMass Memorial Health and other commercial partners to accelerate growth and expand patient access to its predictive care model

NEW HAVEN, Conn., Aug. 4, 2026 — Wellinks, a leader in cardiopulmonary care, today announced the first close of its Series B Funding, securing $10 million to fund commercial growth with participation from UMass Memorial Health and inside investors. The investment builds on Wellinks’ multiyear relationship with UMass Memorial Health and other partners to accelerate the expansion of Wellinks’ predictive care solution.

Wellinks’ FDA-cleared Spire Remote Patient Monitoring (RPM) System helps identify early physiologic changes associated with clinical deterioration, supporting earlier intervention and proactive management of chronic respiratory disease beyond traditional care settings.

Wellinks and UMass Chan Medical School first collaboratively approached reducing acute care utilization in COPD patients through the Healthy at Home program. The study found that Healthy at Home participants had more than 60% lower odds of 30-day hospital readmission, with trends toward fewer emergency department visits and shorter hospital stays than similar patients who did not participate. For more information, read “Healthy at Home study demonstrates feasibility, effectiveness of mobile care for COPD.”

“Our continued collaboration with Wellinks reflects a shared commitment to advancing proactive, data-driven care,” said Dr. Eric Dickson, CEO at UMass Memorial Health. “Together, we’re generating real-world clinical evidence that supports better outcomes for patients and informs the future of cardiopulmonary care.”

Wellinks will use the funding to:

• Expand its commercial footprint and extend cardiopulmonary care to broader and more diverse patient populations, including rural and underserved communities.
• Advance its predictive capabilities by leveraging a growing body of real-world clinical data to strengthen decision support and enhance the Wellinks care solution.
• Expand into additional cardiopulmonary conditions, including congestive heart failure (CHF), by applying its technology and care model across a broader range of high-risk patient populations.

“This investment represents validation of the solution we’ve built and the outcomes it delivers,” said Jennifer Barretta, Chief Operating Officer and Interim CEO of Wellinks. “Our approach aims to close care gaps for patients, including those at risk for poor adherence, leading to lower healthcare utilization and a reduced cost of care.”

About Wellinks

Wellinks is redefining how respiratory care is delivered. Our solution combines the benefits of virtual chronic care disease management with the power of remote patient monitoring through our proprietary, FDA-cleared technology. Our Health Tags offer passive, continuous monitoring that predicts clinical deterioration up to one week before a patient feels the onset of symptoms. By pairing predictive insights with proactive clinical intervention, Wellinks demonstrates results in reducing acute care utilization, readmission rates, and total cost of care. We are closing care gaps and changing the paradigm in how this traditionally underserved population receives care.

For more information, visit www.wellinks.com and follow us on LinkedIn.

SOURCE Wellinks

NEW YORK, Aug. 4, 2026 — Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager, announced today the final close of its inaugural European net lease fund, Blue Owl Real Estate European Net Lease Fund (“OREF Europe”) with €1.6 billion of total capital commitments. OREF Europe exceeded the original target of €1.0 billion and its previous hard cap of €1.5 billion.

OREF Europe is focused on acquiring and owning single-tenant net leased real estate and infrastructure assets, mission-critical to the operations of blue-chip, investment-grade tenants. The fund launches into a European net lease market that Blue Owl believes remains structurally underserved, leaving significant room to deploy capital, particularly for single-tenant, mission-critical industrial, data center, and essential retail assets.

Marc Zahr, Co-President and Global Head of Real Assets at Blue Owl said, “We believe Europe represents the next frontier for institutional sale-leasebacks. Having successfully executed this strategy targeting investment grade corporations across the U.S., we are applying the same disciplined approach to a European market which represents an estimated €13.4 trillion opportunity, where we believe many of these companies can unlock substantial value by monetizing owned real estate and reinvesting that capital into more accretive uses across their business.”

OREF Europe extends Blue Owl’s market-leading net lease franchise to Europe. The strategy seeks to apply the same disciplined playbook in Europe to deliver predictable, long-term income for investors and operational efficiency for tenants. The strategy has already assembled a deep, near-term pipeline diversified across geography and sector, spanning the United Kingdom and continental Europe across industrial and logistics, essential retail, healthcare, life sciences, cold storage, and corporate headquarters.

Commitments to OREF Europe were secured from a broad mix of existing and leading institutional investors, including public and private pensions, insurance companies, sovereign wealth funds, asset managers, endowments and foundations, and family offices in the United States and across Europe, APAC, and the Middle East.

Blue Owl is one of the world’s leading alternative asset managers, with $319 billion in assets under management across Credit, Real Assets, and GP Strategic Capital. Blue Owl’s net lease strategy is part of Blue Owl’s Real Assets platform and focuses on investing in free-standing single-tenant net-leased real estate and infrastructure assets. As of June 30, 2026, the Real Assets platform has raised $8.48 billion of capital this year, investing across North America and Europe.

In the 2025 Private Equity Real Estate (PERE) Awards, Blue Owl was named PERE’s Global Net Lease Investor of the Year, Global Data Center Investor of the Year, and Global Retail Investor of the Year and has been ranked #2 on the 2026 PERE 100 for real estate fundraisers globally. The Real Assets platform, launched in 2021, has raised more money over the past five years than nearly every other real estate manager globally.

Investor Contact
Ann Dai
Head of Investor Relations
[email protected]

Media Contact
[email protected] 

Forward Looking Statements      

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “would,” “should,” “future,” “propose,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.

These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl’s shares on the New York Stock Exchange; Blue Owl’s ability to manage growth; Blue Owl’s ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.

Accolades & Awards Disclosure

Accolades are independently determined and awarded by their respective publications. Accolades can be based on a variety of criteria including recognition by peers, strategy innovation, growth of assets under management, length of service, client satisfaction, type of clientele and more. Neither Blue Owl nor its employees pay a fee in exchange for these ratings. Specific award selection methodology is available upon request.

SOURCE Blue Owl Capital

Falcon Fund investment and Falcon platform integration builds on the companies‘ growing partnership

SAN FRANCISCO, Aug. 4, 2026 — At Black Hat USA today, Above Security (Above), the AI-native managed insider threat platform, announced a strategic investment from the CrowdStrike Falcon® Fund and integration with the CrowdStrike Falcon® platform. The investment and integration advance the companies’ existing partnership and Above’s mission to democratize elite insider risk management.

Above’s fleet of always-on, continuously reasoning AI agents analyzes behavior across identities, applications, data movement, and workflow context. The resulting intelligence delivers a comprehensive investigation narrative, including behavioral timelines, contextual analysis, reasoning behind risk classifications, and recommended actions.

Through the partnership, CrowdStrike customers will be able to extend their Falcon deployment, powering ready-made insider risk investigations with Falcon® Next-Gen SIEM telemetry. Above correlates Next-Gen SIEM endpoint, identity, and third-party data into investigation-ready cases and streams completed investigations back into Falcon, making insider risk a native outcome of the platform the world’s leading organizations trust to stop breaches.

“The Falcon Fund invests in companies developing innovative technologies that solve meaningful cybersecurity challenges,” said Michael Sentonas, President of CrowdStrike. “Above has built a compelling agentic approach to insider risk management. We’re excited to open another path to legacy SIEM transformation and support the team as they continue to innovate and bring new capabilities to organizations around the world.”

“CrowdStrike’s investment validates the principle Above was built on: the next generation of insider risk won’t be built on policies – it will be built on investigation,” said Aviv Nahum, Co-founder and CEO, Above Security. “By combining Above’s AI investigative agents with CrowdStrike’s platform and go-to-market reach, we’re helping organizations operationalize insider risk management at scale.”

The investment builds on the companies’ growing relationship. Earlier this year, Above was selected from nearly 1,000 applicants to participate in the CrowdStrike Cybersecurity Startup Accelerator, presented in collaboration with Amazon Web Services (AWS) and NVIDIA. The company advanced to the live finals at RSAC 2026, where it was named the program’s runner-up. The Falcon Fund investment also follows Above’s recent $50 million funding round led by Ballistic Ventures, Merlin Ventures, and Norwest.

To learn more, visit: www.above.security/blog-posts/the-next-step-for-above-crowdstrikes-falcon-fund

Meet Above Security at Black Hat USA
To talk with the people building the future of insider risk detection, visit the Above team at Black Hat USA, Booth #5332. See behavioral intelligence live to understand how security teams investigate intent, not just activity.

About Above Security
Above Security is a managed insider risk protection service powered by a fleet of autonomous AI investigators. Instead of alerting on isolated events or anomalies, Above continuously investigates user behavior across SaaS, internal, and custom applications to understand intent, build behavioral narratives, and surface insider risk before incidents occur. Above’s AI agents operate like a 24/7 insider risk team: they monitor activity in real time, reason over sequences of actions, and proactively assemble investigation-ready timelines that explain who did what, why it matters, and what to do next. When risk emerges, the platform delivers in-flow nudges to steer behavior, flags emerging incidents early, and produces complete, defensible reports with recommended action plans for security, HR, and legal. The result is proactive insider risk management at scale—continuous investigations, clear reasoning, and actionable outcomes—without relying on static rules, manual triage, or post-incident forensics.

Forward-Looking Statements
This press release may include discussion of unreleased services or features. Any unreleased services or features referenced here are still in development and subject to change. Customers should make their purchase decisions based upon features that are currently available.

SOURCE Above Security

Relu currently handles more than 1 million cases each year from dental laboratories across 82 countries. The financing provided by DIA will further strengthen Relu’s position in the US market.

“A lab’s growth used to be capped by how many technicians it could hire and train. AI removes that ceiling: technicians who adopt Relu become far more productive, designing multiples of the cases they could before,” said Holger Willems, CEO and Co-Founder of Relu. “This investment lets us bring that to more American labs.”

“We backed Relu at the seed stage, and we’re investing again because the results speak for themselves,” said Thomas Sharpe, Managing Partner at Dental Innovation Alliance. “The lab operators among our investors have seen Relu deliver: real design and workflow automation, and a growing adoption by leading American labs. We’re proud to help them scale.”

About Relu

Relu has built Relu^® Automate, an AI platform that automates the design and administrative work for dental lab cases, like night guards, crowns, and dental models. Relu^® Automate is a pay-per-case platform that automates design and workflow processes, giving labs room to grow. Relu was founded in 2019 by Holger Willems (CEO), Adriaan Van Gerven (CTO), Antoine Coppens (COO), and Thomas Beznik (CPO), and has offices in Leuven, Belgium, and Boston, MA. Learn more at relu.ai.

About Dental Innovation Alliance

DIA is a venture capital fund investing in innovative technologies and solutions in the dental and multi-site healthcare industry, backing companies that develop transformative solutions for dental practices, DSOs, and the broader multi-site healthcare ecosystem.

SOURCE Relu BV

The funding will accelerate product development and hiring in San Francisco as AI-written code puts new pressure on the reliability of the systems running beneath it

SAN FRANCISCO, Aug. 4, 2026 — Convex, the backend platform designed for reliability at scale, today announced a $57 million Series B led by Insight Partners. The round also included participation from Etna Labs, as well as existing investors including a16z and Spark Capital. The round brings Convex‘s total funding to $110.5 million and will accelerate the company’s core product development, investments in agentic development tooling, and hiring at its San Francisco headquarters.

Software teams are shipping more code than ever, and increasingly it is written by AI agents, but the underlying infrastructure hasn’t kept up. When frontier coding agents build on traditional infrastructure, the results often look right and behave wrong. In Convex’s own testing, 90% of AI-built apps on a traditional database silently corrupted data in real-world use, whereas apps built on Convex had a zero percent failure rate. Convex’s platform makes correctness the default: every operation is reliable by design, every piece of the stack works together out of the box, and developers don’t have to wire anything together manually.

“Agents reach for the first thing that works, and on most backends the first thing that works is subtly, silently wrong. You’ll find out weeks later, in production,” said Jamie Turner, co-founder and CEO of Convex. “We spent our careers at Dropbox learning what it takes to make a promise to hundreds of millions of users and keep it, every time. Convex is that discipline packaged as a product: the correct thing and the easy thing are the same thing. This round is about keeping that promise as our customers grow. The mission from here is simple: make excellent architecture inevitable.”

Convex was founded in 2021 by early Dropbox infrastructure engineers, including Turner and CTO James Cowling, who previously built and scaled the storage systems behind hundreds of millions of users. Today, teams at OpenAI, Tripadvisor, Solana, Zapier, and Reducto build on Convex, and the platform powers nearly 2M applications from close to 500k developers, with over 1.2M weekly npm downloads.

“AI coding agents are changing how software gets built, but they can expose the weaknesses of traditional backends,” said Teddie Wardi, Managing Director at Insight Partners. “Convex gives developers and agents a powerful foundation where the pieces work together and reliability is built in from the start. That combination is what makes the product so compelling, and why we’re excited to partner with the team.”

About Convex
Convex is the reactive backend platform that keeps up with you and your agents. Convex comes with a database, functions, workflow, sync, search, file storage and more included; all in TypeScript with zero glue code. ACID transactions, end-to-end type safety, and realtime subscriptions are default. Founded by early Dropbox infrastructure engineers, Convex is SOC 2 Type II certified and HIPAA compliant, and is headquartered in San Francisco. Start building at convex.dev, and follow us on X @convex.

About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2025, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 900 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has a global presence with leadership in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

SOURCE Convex

MIAMI, Aug. 4, 2026 — Non-bank funder Bizcap US has launched Line of Capital (LOC) Ultra, giving brokers, financial advisors and independent sales organizations (ISOs) a flexible funding solution to offer clients seeking ongoing access to working capital.

Available for up to $2 million, LOC Ultra is designed for businesses that regularly need access to capital, allowing approved customers to draw funds as required without submitting a new application each time. With a fixed funding cost from a 1.02 factor rate for the first four weeks and no setup fee, the product gives partners another compelling solution for clients looking for greater flexibility.

Partners can now introduce an ongoing funding solution that gives approved businesses access to capital whenever they need it, instead of arranging new financing each time a client requires funds. Clients only draw what they need, when they need it, making LOC Ultra an attractive option for businesses with recurring working capital requirements.

LOC Ultra gives partners another option for clients that may not be well served by traditional term financing offerings. It’s particularly suited to businesses that regularly purchase inventory, manage seasonal cash flow or need quick access to working capital without relying on invoice factoring or debtor finance.

The launch further strengthens Bizcap’s growing suite of financing solutions available to US businesses, following the company’s recent launch under the unified global Bizcap brand.

Albert Gahfi, Global Co-CEO of Bizcap and CEO of Bizcap US, said the launch reflects the company’s ongoing investment in partner-focused funding solutions.

“Our partners are always looking for more ways to help clients access the right funding solution for their needs,” Gahfi said.

“LOC Ultra gives brokers, advisors and ISOs another compelling option to add to their suite of solutions. Rather than returning to market every time a client needs working capital, they can introduce a flexible solution that allows eligible businesses to draw funds as required while only paying for what they use.

“It’s another example of our commitment to making it easier for partners to support more clients, solve more funding scenarios and build longer-term relationships.”

Bruce Gurvitsch, Chief Revenue Officer at Bizcap US, said LOC Ultra fills an important gap in the market for partners looking to support businesses with diverse funding needs.

“One of the biggest challenges for brokers and ISOs is finding solutions that remain valuable beyond the initial funding transaction,” Gurvitsch said.

“LOC Ultra helps change that. It gives partners a flexible facility they can introduce to eligible clients who need ongoing access to working capital, creating a smoother client experience while strengthening long-term relationships.

“It’s particularly compelling for businesses with healthy cash flow that regularly require capital. Rather than looking for a new funding solution every few months, partners can offer clients a facility that’s designed to support them as their needs evolve.”

About Bizcap

Bizcap is a global non-bank business funder offering fast, flexible financing to SMBs in the US, the UK, Australia, New Zealand, Singapore, Europe and Canada. Founded in 2019, Bizcap empowers businesses by offering approvals in as little as three hours, with same-day funding available. Bizcap has funded more than 100,000 SMBs, totaling $5 billion globally, while holding a 4.8/5 Trustpilot rating.

For more information or to partner with us and offer LOC Ultra to your clients, visit bizcapfunding.com 

Media contact

Alejandro Forero
+1 (305) 680-8830
[email protected]

SOURCE Bizcap