Investment will support continued innovation in rare disease care and help PANTHERx serve more patients while preserving its independent, patient-first model

NEW YORK and PITTSBURGH, July 13, 2026 — Warburg Pincus, the pioneer of global growth investing, today announced that a Warburg Pincus-led investor group has agreed to acquire a controlling interest in PANTHERx Rare, the leading independent rare pharmacy in the United States, from Nautic Partners, General Atlantic, and The Vistria Group. Nautic Partners and PANTHERx management will remain significant shareholders. The investment will support PANTHERx as a category-defining rare disease care platform while preserving its patient-first and manufacturer-aligned model.

PANTHERx pioneered the rare pharmacy model and serves as a trusted partner across the rare disease community. Through deep therapy expertise, meaningful relationships, and a commitment to removing barriers to care, PANTHERx helps patients access and stay on therapy while delivering the high-touch support, reliability, and collaboration that patients and partners depend on.

“PANTHERx was built to help patients navigate complex rare therapy journeys with urgency and precision. We are grateful for the partnership and support from Nautic Partners, General Atlantic, and The Vistria Group, whose investment helped expand our impact for patients and shape the company we are today,” said Bansi Nagji, Chief Executive Officer of PANTHERx. “We are excited to begin this next chapter with Warburg Pincus and Nautic Partners. This partnership reinforces our position as an independent, rare-focused pharmacy and supports continued investment in people, capabilities, and technology to help us serve more rare disease patients with the expertise and compassion that define PANTHERx.”

“PANTHERx is a standout healthcare platform with an exceptional management team, proven execution, and deep specialization in one of the most important and fastest-growing areas of healthcare,” said T.J. Carella, Managing Director, Head of Healthcare, Warburg Pincus. “The Company combines deep clinical specialization, high-touch service, and strong manufacturer partnerships. We look forward to partnering with Bansi and the PANTHERx team to support the Company’s continued growth and expand access to life-changing therapies for patients with rare diseases across the United States,” added Adam Krainson, Managing Director, Warburg Pincus.

“Since our initial investment, we have had the privilege of working alongside Bansi and the exceptional team at PANTHERx as they made a meaningful difference in the lives of rare disease patients and families,” said Chris Corey and Joe Anderson, Managing Directors, Nautic Partners. “We are excited to continue this journey alongside Warburg Pincus and support the next chapter of PANTHERx.”

“PANTHERx is defined by its steadfast commitment to an underserved patient population,” said Justin Sunshine, Managing Director and John LaDien, Principal at General Atlantic. “We are proud to have supported Bansi and the team in broadening access to critical therapies through greater scale, sustained innovation, and clinical rigor. We look forward to following the company’s continued impact in the years ahead.”

“When we invested in PANTHERx, we saw a company with the unique potential to redefine the specialty pharmacy model for rare diseases,” said Mo Yang, Partner at The Vistria Group. “We are proud of what the team has built over the last four years, and we thank the management team and employees for their unwavering commitment to putting patients first and making a profound impact in the lives of those they serve.”

The companies expect to close the transaction in the coming months following customary closing conditions and regulatory approvals.

J.P. Morgan Securities LLC served as financial advisor to Warburg Pincus. Centerview Partners and Goldman Sachs & Co. LLC served as financial advisors to PANTHERx. Cleary Gottlieb served as legal counsel to Warburg Pincus. Ropes & Gray served as legal counsel to PANTHERx.

About Warburg Pincus
Warburg Pincus LLC is the pioneer of global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $105 billion in assets under management, and more than 225 companies in its active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,100 companies across its private equity, real estate, and capital solutions strategies. Since inception, Warburg Pincus has invested over $20 billion in more than 190 innovative healthcare companies around the world, including The START Center for Cancer Research, Summit Health/CityMD, Simtra BioPharma Solutions, Polyplus, Modernizing Medicine, GHX, and Ensemble Healthcare Partners.

The firm is headquartered in New York with more than 15 offices globally. For more information, please visit www.warburgpincus.com or follow us on LinkedIn and YouTube.

About Nautic Partners
Nautic Partners, LLC is a middle-market private equity firm based in Providence, Rhode Island, that focuses on investments in three sectors: healthcare, industrials, and services. Nautic has completed over 165+ platform transactions over its 40-year history. The firm employs a proactive, thematic investment strategy and partners with strong management teams to accelerate the growth of its portfolio companies through strategic add-on acquisitions, targeted operational initiatives, and deep sector expertise. For more information, please visit www.nautic.com.

About PANTHERx Rare
PANTHERx Rare makes rare disease care more hyper-personalized and less overwhelming by focusing relentlessly on each patient and each therapy. PANTHERx experts develop deep personal relationships with patients, prescribers, and pharmaceutical partners, serving as trusted advocates to ensure seamless collaboration and exceptional care. Since its founding in a garage in Pittsburgh, PA in 2011, PANTHERx has grown into the largest independent rare pharmacy in the U.S., leveraging established-company resources while maintaining small-company responsiveness, innovation, and attention to detail.

PANTHERx is licensed in all 50 states and was the first national pharmacy to achieve dual accreditations in rare disease from the Accreditation Commission for Health Care (ACHC) and Utilization Review Accreditation Commission (URAC). PANTHERx is also a nine-time winner of the prestigious MMIT Patient Choice Award for patient satisfaction, including the 2026 honor.

For more information, please email [email protected] or visit www.pantherxrare.com.

Contacts

Warburg Pincus

Sarah Bloom, Director, Communications
[email protected]

Nautic Partners

Allan Petersen, Managing Director and COO
[email protected]

PANTHERx Rare

Giancarlo Brutocao, Vice President, Corporate Strategy and Marketing
[email protected]

SOURCE Warburg Pincus LLC

Former Google and Shape Security leaders reveal breakthrough on-device AI security platform, and its first platform app: a radically better way to fight AI scams, fraud, and deepfakes

SAN FRANCISCO, July 13, 2026 — Reken, an AI cybersecurity company, today announced its emergence from stealth, introducing a new on-device AI security software platform and the first product built on that platform, to address the worldwide problem of safety and trust in online communications.

Studies show that most people don’t know if what they see on the Internet is real anymore. A 2026 RBC poll found that 83% of people now assume any online message is a scam or fraud unless proven otherwise. The FBI reported $20.9B in cybercrime losses in 2025 (a 26% jump in one year) and, for the first time, added AI crime as a category, with over 22,000 AI-related complaints. New AI models like Anthropic’s Claude Mythos have made these problems even more dangerous.

“The Internet is not safe, and is getting less safe every day because of AI,” said Shuman Ghosemajumder, Reken CEO, who previously founded Google’s Trust & Safety product group and was Head of AI at F5. “Traditional cybersecurity has failed to solve these problems, and increasing scams, fraud, and cybercriminal use of AI have accelerated this erosion of trust. We need a new architecture to prevent our critical online channels from becoming overwhelmed.”

Breakthrough architecture: the Reken Private Core and the Reken Network

To solve this, Reken was founded and raised $10M in 2024, and spent two years in stealth R&D to design and build a new technology platform to address these persistent issues. The result is the Reken Private Core, a breakthrough on-device AI security system introduced today.

The Reken Private Core protects communications sent to and from each device, account, and user. Products built on the Reken Private Core use high-performance, proprietary AI models to identify incoming threats, as well as next-generation telemetry sensors to detect AI bots and automation on compromised channels, while keeping all communication data private and on-device. These technologies are able to protect against advanced attacks that no other system can detect, while dealing with traditional attacks more effectively. The Reken Private Core is designed to work on commodity hardware without GPUs and with no additional AI token costs.

Products built on the Reken Private Core platform self-assemble into the Reken Network, an advanced trust layer for the Internet. Organizations within the Reken Network can communicate with greater security and confidence, and incoming communications from outside the network are automatically analyzed for malicious behavior and deceptive content.

“There is nothing like this available to CISOs,” said Jim Routh, the former Chief Information Security Officer of American Express, DTCC, Aetna/CVS Health and MassMutual. “This will enable companies and their supply chains to significantly improve the level of safety they can expect in their communications.”

The first product: Reken Northstar, just-in-time AI to eliminate the need for phishing training

The first product built on the Reken Private Core platform is Northstar, a pro-worker AI application that helps employees by removing the burden of constantly looking for security threats like social engineering, deepfakes, business email compromise, and other AI-enabled fraud.

“Companies spend millions of human hours per day and billions of dollars on security training that simply doesn’t work,” said Ghosemajumder. “We shouldn’t be forcing employees to become forensic digital investigators. We need just-in-time AI that detects the threats the human eye cannot see. That’s what Northstar does.”

Northstar is available today under an Early Access Program. Interested organizations can apply at reken.ai.

About Reken

Reken is building An Internet Safe for Humans. It was founded by Shuman Ghosemajumder and Rich Griffiths, who helped build Shape Security into the leading AI bot defense, which was acquired by F5 in 2020 for $1B. Shuman previously founded Google’s Trust & Safety product group, protecting 1B+ users and advertisers, and helped launch Gmail. Reken has raised $10M in a round led by Greycroft and FPV Ventures, and including Firebolt Ventures, Fika Ventures, Omega Venture Partners, Homebrew, and JAZZ Venture Partners. Reken’s backers include top funds led by many early Google employees and Google-connected investors, including Wesley Chan (FPV), Hunter Walk & Satya Patel (Homebrew), Eva Ho (Fika), and Gokul Rajaram. Google DeepMind executive Jon Steinback (Sequoia Capital Scout Fund) and Vishal Vasishth (co-founder, Obvious Ventures) are also investors. Greycroft partner and Bay Area head, Marcie Vu, who helped lead Google’s IPO, serves on the Reken board.

Contact
Sam Decker
+1-650-705-8439
[email protected]

SOURCE Reken Corporation

ATLANTA, July 13, 2026 — ECI Group (ECI), a leading multifamily real estate firm, announces that veteran Atlanta commercial real estate executive Thomas Rowe has joined the company as Chief Financial Officer. Rowe brings more than 30 years of financial leadership experience spanning real estate development, construction, and public-sector finance to ECI’s executive team as the company continues its growth throughout the US. Rowe steps into the role as current CFO Ben Engel retires from the position after guiding ECI’s robust growth and expansion over the past 10 years.

“Thomas is a proven financial strategist who has helped build one of the most respected development platforms in the Southeast, and we are thrilled to welcome him to the ECI team”, said ECI Group CEO, Seth R. Greenberg. “His track record structuring billions of dollars in capital, scaling high-performing finance organizations, and partnering with executive leadership to drive growth makes him the right leader for ECI as we continue to build on our momentum in the multifamily industry.”

“I have long admired ECI Group’s reputation for disciplined growth and its commitment to building high-quality communities throughout the US,” said Rowe. “I am excited to join Seth and the entire ECI team and look forward to helping the company strengthen its capital strategy and financing infrastructure as it enters its next chapter of growth.” 

Rowe joins ECI after serving more than a decade as Chief Financial Officer at SJC Ventures, one of the nation’s largest developers of Whole Foods Market-anchored projects. At SJC, he directed financial strategies for more than $1.4 billion in ground-up development spanning over 3.1 million square feet of retail, multifamily, and mixed-use developments. Prior to SJC Ventures, Rowe spent five years as the Deputy CFO at Invest Atlanta/The Atlanta Development Authority. After graduating from the University of Richmond, Rowe started his professional path in public accounting and has served in various other senior finance positions over the course of his career.

About ECI Group
For more than 50 years, ECI Group has been one of the most highly regarded, privately owned real estate organizations in the United States. The firm is fully integrated, with development, construction, investment, and property management groups that have garnered national recognition for innovation and performance in the multifamily industry. With a portfolio of more than 7,500 units located throughout the Southeast and Texas, ECI is strategically positioned to continue to be a leader in the multifamily industry. For more information, visit www.ecigroups.com.

Media Contact:
Karen Widmayer
KW Communications, LLC
[email protected]
301.661.1448

SOURCE ECI Group

GIS teams can now find, buy, and stream SkyFi imagery in ESRI ArcGIS, without downloading or converting files.

AUSTIN, Texas, July 13, 2026 — SkyFi, the leading Earth Intelligence platform, today released two capabilities that simplify the process of ordering and overlaying satellite imagery over ArcGIS maps.

Built with input from commercial enterprise users, SkyFi for ArcGIS includes the SkyFi ArcGIS Widget which lets GIS analysts seamlessly search, preview, and order open and commercial satellite imagery inside ArcGIS. WMTS streaming lets them view ordered imagery as a live map layer in ArcGIS Online, ArcGIS Pro, and ArcGIS Enterprise, both are available now.

Together the two capabilities connect the full path from finding imagery to leveraging it. An analyst can search for archive imagery or task a satellite directly in ArcGIS, then view it beside their other geospatial data minutes later.

Search and order without leaving ArcGIS

The SkyFi ArcGIS Widget runs inside ArcGIS Enterprise. A user can search SkyFi’s imagery archive or task a new satellite capture by setting an area of interest on the map or uploading a shapefile. Ordering happens in the same window. The widget also handles the tasking of new satellite captures from across SkyFi’s partner ecosystem. 

Stream ordered satellite imagery as a live layer

WMTS streaming delivers imagery through a standards-based Web Map Tile Service. A customer copies a WMTS link from their order’s download menu, adds it once in their GIS tool, and the imagery loads as tiles while they pan and zoom. There is no need for file download or format conversion. The service meets the OGC WMTS 1.0.0 standard and runs in ArcGIS Pro, ArcGIS Enterprise, and QGIS. In meeting these standards, SkyFi imagery now qualifies for enterprise and government workflows that require OGC-compliant delivery.

“ArcGIS users shouldn’t have to leave their maps to get the right satellite imagery, so we brought SkyFi to them,” said Andrew Canales, chief revenue officer at SkyFi. “With SkyFi for ArcGIS, you can order existing imagery from SkyFi’s deep archive or task a new collection, all without switching tools, and WMTS streams every delivered image straight into your map as a live layer. No more downloading, converting, and re-uploading files just to see your image on a map. We built it side by side with enterprise customers, and it’s available today to every SkyFi Pro and Enterprise user, whether you’re a team of one or a global organization.”

SkyFi is a member of the Esri Startup Program and continues to deepen its work across the ArcGIS ecosystem, which commercial enterprise, government, and defense organizations rely on worldwide.

Availability

The SkyFi ArcGIS Widget and WMTS streaming are available now to SkyFi Pro and Enterprise customers. Setup guides for ArcGIS Online, ArcGIS Pro, and ArcGIS Enterprise can be found at SkyFi for ArcGIS.

About SkyFi

SkyFi is a self-service Earth Intelligence Platform that allows users to run built-in geospatial analytics, task satellites, and access archived imagery. The dual-use platform supports both civilian and defense use cases, with flexible ordering options, transparent pricing, and API access for large-scale workflows.

Customers can use SkyFi’s web platform, mobile app, or developer APIs to manage Earth observation projects without needing contracts or in-house GIS teams. Learn more at www.skyfi.com

SOURCE SkyFi

Venture arms of Chevron, ExxonMobil and Equinor join Halliburton Labs, Good Growth Capital, Ridgeline and other investors for pre-matched founder meetings this fall in Little Rock; applications are open to startups nationwide through Aug. 24

BENTONVILLE, Ark., July 13, 2026 — The investors funding the physical economy will head to Arkansas this fall to meet the next generation of companies reshaping how the world is powered, moved and secured.

Onward FX, the Heartland’s premier founder-funder exchange, opened applications today for its first sector-focused cycle, inviting founders building across energy, defense and dual-use, industrial technology and aerospace to apply for curated meetings with investors and corporate partners Oct. 26-27 in Little Rock.

The fall investor lineup includes Chevron Technology Ventures, ExxonMobil Technology Ventures and Equinor Ventures, along with Halliburton Labs, Good Growth Capital, Ridgeline and others backing companies across deep technology industries. Applications are open nationwide through Aug. 24 at onward.nwacouncil.org/fx.

Every application is reviewed against investor mandates, and every private meeting is pre-matched by sector, stage and company needs. The format compresses months of outreach into focused conversations with venture investors and corporate partners prepared to engage early-stage companies. For founders, the approach creates direct access to the people who can both fund the work and test it in the market in real time.

The confirmed firms reflect a broader shift in capital toward deep technology across the physical economy. Their investment areas span robotics, grid technology, battery materials, critical minerals, autonomy, satellite systems, advanced air mobility and similar technologies. The fall lineup pairs corporate venture arms with independent funds, positioning founders to pursue and potentially secure capital and commercial relationships through the same process.

“Capital is only one part of how these companies scale,” said Serafina Lalany, executive director of StartupNWA, the Northwest Arkansas Council’s entrepreneurship initiative. “The larger question is who can help prove the technology works and move it into the market. Onward FX creates those relationships earlier, when they can change the trajectory of a company.”

For companies building complex engineered systems, corporate relationships often determine whether a technology moves from prototype to deployed product. Recent deal data reinforces the point. In an analysis of disclosed U.S. acquisitions and corporate-strategic investments in 2026, Lalany found a market shaped by eight- and nine-figure outcomes as much as billion-dollar headlines. The median disclosed deal value was about $70 million, with 7 in 10 deals closing at or below $150 million. For companies building hardware, industrial technology and manufacturing systems, the median acquisition was closer to $100 million.

Those outcomes place a premium on early relationships with corporate partners and strategic buyers, especially for companies whose paths to scale require pilots, deployment, regulatory navigation, procurement and operational trust. The Heartland’s concentration of manufacturing, energy, logistics and defense infrastructure puts it in direct proximity to the industries these startups supply. Little Rock anchors the fall cycle near the lithium-rich Smackover Formation, which has drawn significant energy investment to Arkansas and strengthened the state’s position in battery materials and critical mineral extraction.

“Across our state, entrepreneurs and company founders are developing solutions that can reshape industry and address critical needs in our modern economy,” said Esperanza Massana Crane, director of AEDC’s Small Business and Economic Development Commission. “With the latest cycle of the Onward FX program, entrepreneurs will have the opportunity to connect with investors and corporate partners to collaborate and gain access to capital that enables significant growth.”

Since the Northwest Arkansas Council launched Onward FX in 2024, the program has facilitated more than 800 curated founder-funder meetings and helped startups secure millions in venture capital investments nationwide. Through its partnership with the Arkansas Economic Development Commission, Onward FX expanded statewide in October 2025, giving more Arkansas founders direct access to national capital while elevating investment opportunities across the Natural State.

How to apply and attend

Startups across the U.S. building in energy, defense and dual-use, industrial technology and aerospace are invited to apply through Aug. 24 at onward.nwacouncil.org/fx.

Relevant technologies include robotics, automation, manufacturing intelligence, energy storage, grid technology, battery materials, critical minerals, autonomy, cybersecurity, infrastructure resilience, satellite systems, advanced air mobility, rocketry and similar work.

Selected founders will be matched for curated meetings based on investor interest, company stage and sector fit. All applicants are added to a venture deal database shared with more than 200 institutional investors nationwide, extending the value of participation beyond the event itself.

Onward FX also includes networking opportunities designed to build lasting relationships among founders, investors, corporate partners and ecosystem leaders. Registration for the Oct. 26-27 program is available at luma.com/onwardfx.

About the Northwest Arkansas Council

Founded in 1990 by Sam Walton, J.B. Hunt, Don Tyson and other business leaders, the Northwest Arkansas Council serves as a regional convener for economic and community initiatives. The Council works to advance quality of life, attract talent, improve the workforce, create job opportunities and upgrade infrastructure across the region.

StartupNWA, an initiative of the Council, strengthens the region’s startup ecosystem by expanding access to capital, mentorship and networks. Building on the Council’s longstanding commitment to entrepreneurship, StartupNWA connects founders with education, resources and community to help them build and scale their companies in Arkansas and contribute to a more dynamic innovation economy.

Signature programs include Onward FX, the Heartland’s premier founder-funder exchange, designed to accelerate venture capital activity across high-growth markets nationwide. Since launching in 2024, the program has facilitated more than 800 curated founder-funder meetings and helped startups secure millions in venture capital investments nationwide. In partnership with the Arkansas Economic Development Commission, Onward FX has expanded statewide, providing founders across Arkansas direct access to national investors. To understand more about Onward FX and its impact, watch this video.

StartupNWA is supported by the Walton Family Foundation. The foundation’s funding supports education and resource offerings for entrepreneurs in Northwest Arkansas, helping ensure founders have the tools, guidance and connections needed to build scalable, high-growth companies.

About the Arkansas Economic Development Commission

At AEDC, we know economic advancement does not happen by accident. We work strategically with businesses and communities to create strong economic opportunities, making Arkansas the natural choice for success. AEDC is a division of the Arkansas Department of Commerce. To learn more, visit ArkansasEDC.com.

Link to logos and High Resolution Images

Contact:
Amanda Horn
Senior Communications Advisor
Northwest Arkansas Council
[email protected]
775-636-2567

SOURCE Northwest Arkansas Council

New platform will create unique and creative sports events to connect business leaders, brands, technology innovators, and community leaders from multicultural communities together, building strategic partnerships, business development opportunities and cultural engagement.

NEW YORK, July 10, 2026 — PRAVAAH today announced its official launch, introducing a new platform dedicated to accelerating business growth and community engagement across the global South Asian diaspora and South Asian audiences throughout North America.

Derived from the Sanskrit word for “flow,” PRAVAAH is built on the belief that sports has the power to create meaningful connections across cultures: businesses, brands, investors, technology leaders, cultures, fans, and media. The organization will work with sports rightsholders, properties, and investors to create meaningful business relationships with South Asian audiences through creative experiential programming, strategic advisory, and partnerships.

PRAVAAH aims to serve as a trusted bridge between the sports industry and the South Asian audience, one of North America’s fastest-growing multicultural communities.

PRAVAAH is a joint venture between Ocgrow Ventures and Tulsea Sports Marketing, giving the organization the ability to leverage their extensive networks of relationships across professional sports, business, government, community organizations, celebrities and influencers, and ethnic media.

“PRAVAAH is far more than a sports platform. It’s a global movement built on the belief that sport has the power to unite people, ideas, cultures, and opportunity. Across North America and around the world, South Asian entrepreneurs, executives, investors, and innovators are helping shape the future of the global economy.

Our vision is to build the world’s leading network where sports, business, technology, investment, and culture converge. By creating meaningful connections and authentic partnerships, PRAVAAH will unlock new opportunities for business leaders, brands, and sports organizations while inspiring the next generation of global leaders. This is only the beginning.” , quoted Harish Consul, Co-Founder of PRAVAAH & Founder/CEO of Ocgrow Ventures.

The company’s initial areas of focus will be on connecting sports rightsholders with business leaders and founders from multicultural communities through creative experiential programming, using sports as a platform to support and amplify the South Asian business community.

During its first year, PRAVAAH anticipates launching initiatives in several key South Asian population hubs in North America, including Calgary, Toronto, the Bay Area, Los Angeles, Dallas, Washington, D.C., Vancouver, and New York, with additional markets expected to be announced throughout the year, together with our global expansion in 2027 ahead.

“Sports has a unique ability to unite people across generations, cultures, and industries,” said Sreesha Vaman, Co-Founder of PRAVAAH and Partner/Co-Founder of Tulsea Sports Marketing. “PRAVAAH harnesses that power to bring together South Asian business leaders with the communities they serve, creating authentic connections that strengthen relationships and unlock new opportunities.”

With multicultural populations representing one of the fastest growing segments of sports fans and consumers across North America, PRAVAAH is positioned to help organizations move beyond one-time campaigns toward sustained, authentic engagement.

For more information, visit pravaahsports.com.

About PRAVAAH

PRAVAAH is a multicultural sports business platform that connects sports, business, and culture through experiential programming, strategic partnerships, and community engagement. Working with sports rightsholders, brands, investors, technology leaders, and community organizations, PRAVAAH helps organizations unlock growth opportunities by building meaningful relationships with fast-growing South Asian audiences across North America.

www.pravaahsports.com

About Ocgrow Ventures

Ocgrow Ventures is a leading global venture capital fund based in Canada. Founded by Harish Consul (www.harishconsul.com), Ocgrow Ventures (www.ocgrowgroup.com) is focused on investments with exceptional global founders to help build exponential growth companies, with AI First focus in multiple verticals globally. Ocgrow Ventures has been an early investor in Amazon, Shopify, Garuda Aerospace, Bloom Energy, Fizz Social and many more.

About Tulsea Sports Marketing

Tulsea Sports Marketing advises sports rightsholders on their multicultural marketing efforts, with a unique focus on South Asians. TSM brings a unique, holistic approach to our clients, including trusted strategic advisory, deep connectivity to the global community, world-class expertise in messaging and communications, and extensive experience in implementation. TSM’s mission is to amplify the global commercial presence of South Asians in the sports industry. TSM has offices in New York and Los Angeles.

Logo – https://mma.prnewswire.com/media/3005470/Pravaah_Logo.jpg

SOURCE PRAVAAH

Funding accelerates the company’s next phase of growth as Hippo Harvest brings indoor-grown organic greens to retail buyers at scale. 

PESCADERO, Calif., July 9, 2026 — Hippo Harvest, a leafy greens grower whose robotics- and machine learning-powered greenhouses produce USDA-certified organic greens, today announced the close of a $30 million Series C funding round led by Cox Farms, North America’s largest greenhouse operator.  The investment will unlock a 30-acre expansion at a new Hollister, CA facility, currently in permitting, and the development of the company’s next-generation robotic growing system, expanding growing capacity from one acre today and accelerating the commercialization of indoor-grown Spinach.

The Spinach commercialization marks a significant milestone for Hippo Harvest, which also launched its Butter Lettuce to retail buyers in early 2026. Together, the two products anchor a growing line of indoor-grown greens built for year-round consistency. Hippo Harvest’s hybrid assortment blends greenhouse and organic field-grown greens to deliver broader variety and reliable supply in a sector increasingly affected by climate volatility.

At the center of Hippo Harvest’s model is a proprietary robotic growing system that uses Autonomous Mobile Robots (AMRs) and machine learning to monitor, tend, and harvest plants with precision at every stage of growth. The upgraded system uses robotic ‘tractors’ to automatically respace growing modules throughout the growth cycle, maximizing space efficiency and yields at the farm level. The next-generation system funded by this round is designed to increase throughput, reduce cost per unit, and accelerate the company’s ability to bring new varieties to market at scale.

“Closing this round and bringing Spinach to market in the same moment is a real signal of where Hippo Harvest is headed,” said Eitan Marder-Eppstein, CEO and co-founder of Hippo Harvest. “We’ve spent years building a system that can grow certified organic greens consistently and at a price that works for both retailers and consumers. This investment lets us do that at the next level of scale.”

Founded in 2019 and based in Pescadero, CA, Hippo Harvest serves retail buyers across Northern California and the Pacific Northwest, including Sprouts, Haggen (an Albertsons banner), and Gus’s Community Markets in San Francisco, with plans to expand across the West Coast and additional national retail partnerships in development. Cox Farms, owned by Cox Enterprises, led the Series C round, with participation from existing and new Hippo Harvest investors, including Congruent Ventures, Hawthorne Food Ventures, Collaborative Fund and the Fresh Investment Club.  The round follows a $21 million Series B closed in February 2024, led by Standard Investments, with participation from Congruent Ventures, Amazon Climate Pledge Fund, Hawthorne Food Ventures, and Energy Impact Partners.

“Hippo Harvest is doing something genuinely exciting in indoor agriculture, and we’re proud to be part of this next chapter,” said Steve Bradley, president of Cox Farms. “Cox Farms actively looks for opportunities to support innovation and new technologies across indoor agriculture. We can’t wait to watch them scale.” 

About Hippo Harvest

Hippo Harvest is a leafy greens company growing USDA-certified organic produce in robotics- and machine learning-powered greenhouses. Founded in 2019 and based in Pescadero, CA, the company combines a closed-loop, direct-to-root nutrient and watering system with Autonomous Mobile Robots (AMRs), which function as indoor ‘tractors’, to consistently produce high-quality organic greens at prices competitive with field-grown alternatives, using 92% less water, 55% less fertilizer, and 94% less land compared to traditional agriculture. Hippo Harvest offers a hybrid assortment that pairs greenhouse and organic field-grown greens, providing broader variety and year-round supply surety for retailers and consumers. For more information, visit hippoharvest.com.

About Cox Farms

Cox Farms is redefining farming and setting the global standard in growing a safe, secure, and responsible food supply capable of feeding a growing population, regardless of calendar or climate. Through its multinational network of indoor farms and consumer brands, including BrightFarms and Mucci Farms, Cox Farms is the largest greenhouse operator in North America with a workforce of more than 2,500 dedicated employees. Cox Farms is future-proofing the world of produce with clean, flavorful products serving the biggest names in retail and food service. Owned by Cox Enterprises, a multi-generational family-owned business, Cox Farms represents the company’s commitment to improving the planet and elevating human health. Learn more at CoxFarms.com.

SOURCE Hippo Harvest

BENGALURU, India, July 9, 2026 — Kapture CX, the verticalized full-stack agentic AI platform, today announced the successful closing of its $10 Mn pre-Series B funding round. The round was led by Bajaj Finserv Ventures (BFSV), part of Bajaj Finserv, one of India’s leading AI-driven financial services groups, marking the firm’s first investment in the AI landscape. Existing investors Cactus Venture Partners and India Alternatives also participated in the round.

The funding comes at a pivotal moment. Despite pouring resources into AI, most large enterprises are yet to see real returns. The market is cluttered with point products from multiple providers, making AI adoption a high effort exercise. What enterprises need is a full-stack agentic AI player, one that understands their industry deeply and delivers custom solutions for their most complex workflows. This is exactly the gap Kapture was built to close.

When an enterprise works with Kapture, everything comes together on a single agentic OS platform. By owning and optimizing the full technology stack, from models to agentic layer to user interface, Kapture enables enterprises to deploy AI at scale without the complexity of stitching together multiple solutions. The platform is deeply verticalized, backed by deep-tech capabilities that allow Kapture to fine tune models. At a time when traditional SaaS players are struggling to prove their worth, Kapture is transforming complex enterprise operations in entirety.

Today, Kapture is trusted by over 1,000 enterprises across 18 countries, including market leaders such as Bajaj Finance, and multiple companies within the Tata Group and Reliance Group. Some of the world’s largest consulting firms and hyperscalers are also working with Kapture as partners.

Commenting on the investment, Lakshmi Iyer, Group President – Investments and MD & CEO, Bajaj Alts, said: “We are currently in the process of launching the AI Opportunities Fund to invest across the emerging AI ecosystem. As we evaluated opportunities in the space, we found in Kapture a solution that demonstrably works at scale. Kapture’s deep-tech capabilities, including model training, combined with its strong understanding of enterprise workflows and robust partner ecosystem, position the company strongly within the evolving AI landscape.”

Sheshgiri Kamath, Co-founder and CEO of Kapture CX, said: “Since the Series A round in 2023, Kapture has grown 4x and achieved what remains rare in the AI economy – profitability. Having an AI-first organization like Bajaj Finserv Ventures lead this round is powerful validation of our value proposition. For enterprises whose experimentation phase with AI is behind them, Kapture is where real value begins. With an infrastructure that already processes massive volumes and drives measurable impact for customers around the world, Kapture CX is the right partner for enterprises ready to truly transform with AI.”

The fresh capital will fuel Kapture’s expansion into global markets and power continued investment in product development. The company is targeting 5x revenue growth over the next few years as it moves to seize the immense opportunity in today’s enterprise landscape.

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SOURCE Kapture CX

Seed round led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The funding will accelerate QIZ’s rapid growth, market expansion, and leadership in cryptographic posture and Post Quantum Cryptography (PQC).

NEW YORK, July 9, 2026 — QIZ Security, the cryptographic posture and Post-Quantum Cryptography (PQC) management platform, today announced a $17 million seed round led by Bessemer Venture Partners and Merlin Ventures, with participation from, Evolution Equity Partners, Qbeat Ventures, Singtel Innov8 and Qino Cyber Capital.

The funding will accelerate QIZ’s rapid growth, deepen product development, and expand the company’s presence in the market as enterprises prepare for one of the most significant cybersecurity transitions of the decade: the move from today’s vulnerable cryptographic infrastructure to quantum-safe security.

Quantum computing is reshaping the risk model behind the encryption that protects financial systems, communications, digital identity, cloud infrastructure, supply chains, and critical national infrastructure. The urgency is accelerating: Google, IBM, Palo Alto Networks and Gartner, have all warned that quantum computers could threaten current encryption systems as early as 2029, referred to as Q-Day. Combined with the long timelines required for enterprise migration, the message is clear: Q-Day is no longer a distant theoretical event, and waiting is no longer a viable strategy.

The challenge is here. Organizations must understand what cryptography they use, where it lives, who owns it, which business systems depend on it, and how to prioritize remediation. Sensitive data harvested today may be decrypted as soon as 2029, when quantum computers capable of breaking existing cryptography emerge, while the migration of complex cryptographic environments can take years.

QIZ was built to address exactly that challenge.

“Post-quantum readiness is quickly becoming a board-level cybersecurity and business priority,” said Ben Volkow, Co-Founder and CEO of QIZ Security. “Enterprises cannot migrate what they cannot see, and they cannot manage cryptographic risk through one-time assessments. QIZ gives organizations the continuous control layer they need to understand, govern, and modernize cryptography before Q-Day arrives.”

QIZ provides continuous cryptographic posture and PQC management across complex enterprise environments. QIZ accelerates the transition to quantum-safe security by enabling organizations to instantly discover cryptographic assets, model risks, and enforce remediation across their infrastructure, ensuring total crypto-agility.

QIZ is designed as an end-to-end operating layer for enterprise cryptography management across hybrid and complex environments.

QIZ was founded by industry veterans Ben Volkow, Lenny Ridel, and Dr. Itan Barmes, a team with deep experience across cybersecurity, enterprise, and post-quantum transformation. Barmes previously led the Global Quantum Cyber Readiness Team at Deloitte, where he worked with some of the world’s largest organizations on quantum-safe readiness and strategy.

“QIZ is attacking one of the most important and under-addressed cybersecurity problems of the coming decade,” said Amit Karp, Partner at Bessemer Venture Partners. “QIZ brings unique capabilities that can turn post-quantum readiness from strategy into execution.”

QIZ is rapidly emerging as an early leader in the Post Quantum category, with strong traction across financial services , telecommunications, healthcare, and critical infrastructure. The company is already working with some of the world’s largest brands, and is scaling quickly across product and go-to-market to meet accelerating demand.

The company is also building a strong ecosystem of strategic partnerships with leading technology and advisory organizations, including Cisco, AWS, Google, CrowdStrike, Deloitte, EY, and IBM, helping customers accelerate cryptographic discovery, risk assessment, governance, and post-quantum migration planning.

“Federal agencies and large enterprises need a practical path to crypto-agility, not just awareness of the quantum threat,” said Seth Spergel, Managing Partner at Merlin Ventures. “QIZ is well positioned to help regulated organizations move from cryptographic uncertainty to actionable readiness.”

The funding comes at a time when regulatory pressure and enterprise urgency around cryptographic modernization are accelerating. Frameworks and guidance such as CNSA 2.0, NIST PQC, DORA, NIS2, PCI DSS, and sector-specific requirements are pushing organizations to assess cryptographic exposure, build migration roadmaps, and establish long-term governance over their cryptographic estate.

“QIZ is entering the market at a pivotal moment,” said Dorit Dor, Co-Founder at Qbeat Ventures. “Its combination of deep technical expertise, clear market demand, and a highly execution-focused platform positions the company as a leader in the emerging PQC management category.”

“Cryptography is everywhere, but in most organizations it is not centrally governed,” said Dr. Itan Barmes, Co-Founder and Chief Strategy Officer of QIZ Security. “The post-quantum transition is forcing enterprises to confront that reality. Our mission is to give them the platform and operational path to become crypto-agile.”

About QIZ Security

QIZ Security provides cryptographic posture and PQC management, helping organizations move toward crypto-agility through cryptographic policy alignment, continuous discovery, inventory, remediation, and governance. The QIZ team brings more than six years of hands-on PQC experience, having supported more than 100 organizations in their transition toward quantum-safe readiness. QIZ is trusted by some of the world’s largest organizations to manage and govern their cryptography across complex enterprise environments.

For more information, visit www.qizsecurity.com.

Media Contact

QIZ Security
[email protected]

SOURCE QIZ