Backed by Pear VC, General Catalyst, and leaders from OpenAI, Anthropic, Stripe, Salesforce, and more; Dealops is building the modern revenue platform for AI and Enterprise sales teams to price, quote, and win.

SAN FRANCISCO, Aug. 12, 2025 — Today, Dealops announces its $7 million fundraise to build the pricing and quoting infrastructure for modern revenue teams at leading AI and enterprise software companies. The funding, led by Pear VC and General Catalyst with participation from Depth VC, Elsa Ventures, Weekend Fund, Flex Capital, Allison Pickens, 20Sales, and a range of individual leaders from companies including OpenAI, Anthropic, Stripe, and Salesforce, will be used to scale the team, deepen the product roadmap, and bring modern pricing infrastructure to more of the world’s most innovative companies.

Pricing is evolving faster than ever across AI and software. Flat-rate and seat-based models are collapsing. AI-native companies like OpenAI, Figma, and Anthropic are shifting to usage-based, hybrid, and outcome-driven pricing — and iterating on product and pricing weekly.

But many sales teams are stuck. Most reps are still pricing deals in spreadsheets, Slack threads, or bloated CPQs that were built for a world of vanilla pricing, where pricing changed once a year, not once a week.

Dealops changes that.

Dealops gives revenue teams a new muscle: the ability to ship pricing strategies fast, test what works, and scale it — directly in the deal cycle. No engineering tickets. No broken workflows. Just pricing infrastructure that moves at the speed of a company’s GTM.

“AI is transforming how value is delivered and it’s exposing how broken pricing systems are,” said Vedant Suri, General Catalyst. “We believe Dealops is the right product at the right moment.”

Teams like Plaid and Airwallex use Dealops to:

• Scale usage-based pricing and test new models
• Give sales reps real-time guidance on what to sell and how to price it
• Drive pricing discipline without slowing down deals

The results have been 10x faster quoting, 30% lifts in average contract size, and millions in incremental revenue.

Dealops has already processed over $1 billion in revenue and is just getting started.

“We’re still early, but the ROI is clear, and the opportunity is massive. We’re building the pricing system of record for modern sales teams,” said CEO and Founder Spyri Karasavva. “We’re onboarding teams from Series A startups to global public companies — because pricing complexity isn’t a ‘big company problem,’ it’s a modern GTM problem.”

Supporting Quotes

“We’re not just quoting faster, we’re quoting smarter,” said Maggie Bouscaren, Head of Pricing at Plaid. “Dealops gives us structure, visibility, and a feedback loop that actually makes our pricing strategy better.”

“Spyri and her team lived this problem at Stripe and are solving it with precision and speed,” said Kathleen Estreich, Partner at Pear. “Dealops is building the pricing infrastructure the next generation of companies will run on.”

“AI is transforming how value is delivered and it’s exposing how broken pricing systems are,” said Vedant Suri, General Catalyst. “We believe Dealops is the right product at the right moment.”

SOURCE Dealops

Investment will advance Rosnet’s back-of-house software platform, providing restaurant operators with real-time control of food, labor, and data operations with the goal of boosting profitability and operational efficiency

KANSAS CITY, Mo., Aug. 12, 2025 — Rosnet, a provider of restaurant operations software, announced today that it has secured a strategic investment from M33 Growth, a Boston-based venture and growth stage investment firm. The investment aims to accelerate Rosnet’s growth by fueling continued product innovation and strong dedication to delivering exceptional software and support to restaurant operators.

Founded in 1998 in Kansas City, Missouri, Rosnet has established itself as a comprehensive back-of-house restaurant management platform that provides multi-unit operators with real-time control and visibility into ongoing food and labor operations to optimize decisions, reduce costs, and ultimately drive restaurant profitability. The company caters to a wide range of establishments, including quick service, fast casual, and fine dining concepts, partnering with leading brands such as Applebee’s, Wendy’s, Corner Bakery, STK, and IHOP. Rosnet helps to streamline back-office food and labor operations and provides intuitive tools that support managing budgets, inventory, operational checklists, and forecasting.

“We are incredibly excited to partner with Rosnet as they enter their next phase of growth,” said Brian Shortsleeve, Co-Founder and Managing Director of M33 Growth. “With years of firsthand experience operating restaurants, the team at Rosnet has built a robust platform that we believe can be a game-changer for addressing the complex data and operational needs of the industry. We believe Rosnet’s success and customer-centric brand in the market is a testament to their purpose-built restaurant back-of-house platform and the strong relationships they have built with their operators. We are excited to build on this approach by continuing to invest in product development and support.”

Rosnet has more than 25 years of experience in restaurant technology and has built a team comprised of industry veterans who understand the unique challenges and opportunities franchisors and franchisees face every day. Rosnet is built for restaurant operators by restaurant operators, which enables the platform to deliver tangible value back to clients as they make profit driving decisions on a daily basis.

“Our partnership with M33 Growth marks a pivotal moment for Rosnet,” said Maggie Peters, CEO of Rosnet. “From the beginning, Rosnet has been driven by a vision to provide software and data solutions to restaurant operators to help them save time and improve profit margins while also providing top-tier client service. Through this investment, we will continue to execute on this vision. M33 shares our commitment to further innovate our platform, expand our market presence, and maintain the level of premier support our clients are accustomed to receiving.”

About Rosnet: Founded in 1998, Rosnet has grown into a respected leader in the restaurant data and operations marketplace. Thousands of locations, including large multi-unit concepts like Applebee’s, Wendy’s, Corner Bakery, STK, and IHOP, utilize the company’s reporting, food management, and labor management systems. Rosnet couples easy-to-use tools with world-class support to help restaurant companies maximize profits without the need to invest in multiple systems. Learn more at www.rosnet.com.

About M33 Growth: M33 Growth is a venture and growth-stage investment firm that partners with founders and CEOs who have successfully bootstrapped their companies to strong growth and are positioned to rapidly scale their companies and breakthrough as market leaders. With deep experience fueling sales and marketing engines, driving acquisitions, and building value through data assets, M33 Growth seeks to propel portfolio companies to succeed in their markets. Founded by veterans of renowned investment firms with considerable operational experience, the Boston-based firm seeks to invest in companies in the software, healthcare, and services sectors throughout North America. Learn more at www.m33growth.com.

SOURCE Rosnet

SAN FRANCISCO, Aug. 12, 2025 — Squint, the leading Manufacturing Intelligence Platform, today announced it has raised $40 million in Series B funding, bringing total funding to more than $59 million. This round was led by The Westly Group and TCV, with repeat investors Sequoia Capital and Menlo Ventures.

Right now, tens of thousands of operators across hundreds of Fortune 500 factories depend on Squint to improve quality, reduce downtime, and manufacture everything from tires to tortilla chips.

With this latest investment, Squint will advance its AI capabilities to lead the Agentic Manufacturing revolution, deepen integration across manufacturing workflows, and expand to new sectors including energy, logistics, and field services. The funding also positions Squint to meet surging demand. For example, one Fortune 50 customer is currently expanding to over 70 additional sites, while a Global Fortune 500 manufacturer is rolling out Squint to 10,000 field techs.

“For operators in the heat of the factory floor, Squint already feels like magic,” said Devin Bhushan, Squint founder and CEO. “With this round of funding, we’re doubling down — empowering a broader range of frontline teams with the world’s most advanced Manufacturing Intelligence Platform.”

This is more than a funding announcement. It’s a signal that a new category of industrial software is not only possible, but urgently needed — one built for the people who power the economy.

Manufacturing accounts for over 10% of the U.S. GDP and employs more than 13 million Americans. And as reshoring accelerates, the sector is growing at its fastest rate in decades. While AI innovations have exploded across other industries, frontline teams have been left behind. Squint is changing that.

“As operational complexity increases and a generation of experienced workers retires, the industrial workforce is facing a widening knowledge gap,” said Shaun Chaudhuri, Partner at The Westly Group. “Squint bridges that gap by delivering AI-powered workflows to the factory floor, equipping operators with real-time intelligence that can scale. We’re proud to partner with the Squint team as they bring transformative solutions to the workers powering the physical economy.”

Prior to Squint, there was no system that captured the intersection of machines, processes, and people. Squint lies at the heart of that mix, enabling:

• Operators to collaborate seamlessly;
• Supervisors to track work across shifts;
• And executives to see new types of data and drive continuous improvement, boost margins, and future-proof operations.

“It’s rare to ever hear factory workers rave about technology — let alone ask to bring it home so their kids can run chores off of it (actual request we heard),” said Evan Hochhauser, Vice President at TCV. “We haven’t seen that kind of product love in an industrial context. It’s a signal Squint is doing something special, and is why we’re excited to back Devin and the Squint team.”

Using a mobile-first combination of AI and AR built specifically for the real world of manufacturing, Squint helps manufacturers capture tribal knowledge, standardize work, and improve frontline execution.

And Squint’s impact is tangible:

• A Fortune 50 customer saw over $4M in increased profit in one year at a single manufacturing site;
• A leading consumer goods company cut procedure execution time by 50%, even for first-time operators;
• Operators report 91% satisfaction with the Squint platform based on thousands of sessions.

Squint is harnessing the power of AI to accelerate human potential and deliver efficiency where it matters most. This isn’t just innovation — it’s the new industrial revolution.

To power the revolution, Squint is growing quickly and hiring in every department. This spring we moved into a new office in San Francisco, giving us the space to collaborate as we take on this next chapter.

To learn more or book a demo, visit Squint.ai.

CONTACT: [email protected]

SOURCE Squint

BALTIMORE, Md., Aug. 12, 2025 — Think Consulting, a premier consulting firm dedicated to providing exceptional strategic leadership and business solutions, announced today it has been named to the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America.

The Inc. 5000’s 2025 list offers a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Past honorees include Microsoft, Meta, Under Armour, Patagonia, and many other leading brands.

“We are honored to once again be named to the Inc. 5000 list of fastest-growing private companies,” said Joe Poling, President and Chief Revenue Officer of Think. “This achievement is a testament to the extraordinary commitment and talent of our team, who continue to deliver results year after year. After more than two decades of growth, sustaining this level of performance becomes increasingly challenging, making this recognition all the more meaningful. We are grateful, proud, and excited for what lies ahead.”

Think has been included in the list for the past five years and employs more than 130 consultants and professionals in regions across the country.

“Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company’s tenacity and clarity of vision,” says Mike Hofman, editor-in-chief of Inc. “These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn’t just weather the storm—they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy.”

In a dynamic economic climate, Think earned a ranking of 4,277 on the list, accelerating its global growth and expanding into strategic service areas. Last year, it announced a partnership with Valtus Alliance, an international network of leading executive interim management companies. This partnership has extended Think’s reach worldwide, opening new opportunities around the globe.

Think offers management consulting, project management and PMO solutions, post-merger integration, human capital management services, and government solutions to companies in industries such as media, broadcasting, financial services, education, non-profit, manufacturing, and government. Its clients range from small startups and mid-market businesses to enterprise-level organizations.

For the full list of companies on the Inc. 5000 list, company profiles, and a searchable database by industry and location, visit: www.inc.com/inc5000.

About Think

Founded in 2004, Think is a national management consulting firm serving both the private and public sectors. Think is a transformative partner that helps clients bridge the gap between the company they are today and the company they want to become. Founded on the principles of trust and reliability, Think approaches every challenge with a fighting spirit and the resolve to redefine the standard for operational excellence across sectors and at any stage of a business’s lifecycle.

Its team is composed of senior executives with deep expertise in technology, human capital, and operations, as well as diverse industry knowledge and perspectives. Simply put, Think’s advisor-experts supercharge transformation and strategic structuring.

To learn more visit https://thinkconsulting.com.

Contact:
Will Atkinson
410-206-4890
[email protected]

SOURCE Think Consulting

NRN to scale distributed energy platform ahead of VPP boom  

SYDNEY, Aug. 12, 2025 — NRN (National Renewable Network), Australia’s leading distributed energy infrastructure platform, has finalised a $67.2 million Series A funding round, one of the largest ever in Australian climate tech. The raise includes equity and debt, with major support from a superannuation-linked fund.

NRN enables energy retailers like Alinta Energy (an NRN-partner retailer) to offer customers solar and battery systems with no upfront costs, repayments, or system maintenance fees. With NRN, retailers can quickly build a distributed renewable energy portfolio and white-label it as their own Virtual Power Plant plan.  

This significant capital raise, comprising both equity and debt, is backed by some of Australia’s premier climate technology investors, led by Investible, Virescent Ventures, Electrifi Ventures, Ecotone Partners’ newly established Planet Fund, and a major debt commitment from Infradebt managed funds (including the Australian Ethical Infrastructure Debt Fund). Throughout the raise, Neu Capital has been acting as NRN’s debt advisor.

The Series A also coincides with a massive surge in interest in solar, battery, and VPP plans in Australia, with major government incentives for homeowners who install renewable energy.

“Millions of Australian homeowners want solar but the costs are prohibitive, and every energy retailer wants to scale up their solar energy generation” said Alan Hunter, CEO and Founder of NRN. “Our platform integrates tech, data, capital, compliance, and market access, to neatly solve the problem at both ends. For customers, it’s access to solar with no upfront fees. For energy retailers, NRN can instantly establish or scale distributed energy businesses without capital-intensive balance sheet burdens, while maintaining complete ownership of the customer experience. Our unique model is intentionally structured around empowering partners, never competing with them.” 

In the past 24 months, NRN has expanded its network by more than 600 per cent, with over $12 million in renewable energy assets under management and nearly 10 megawatt hours of installed battery capacity. With total funding now exceeding $85 million, the company is positioned as Australia’s trusted, data-driven distributed energy platform. NRN expects to deploy an additional 40 megawatt hours of battery storage over the next 12 months.

NRN’s model allows partners to offer solar and battery systems to households with no upfront costs, no hidden fees, no repayments, and no ongoing system maintenance. This removes the financial barriers for families and enables energy retailers and solar providers to rapidly grow their portfolios without capital exposure.

With this new funding, NRN will accelerate the rollout of its national platform and continue expanding its role as the connective layer between industry, government, and regulators. The company is focused on enabling widespread access to renewables, strengthening partner businesses, and delivering meaningful consumer savings.

With more than 4 million rooftop solar systems now installed across Australia, our energy market has fundamentally changed. Each system acts like a mini power plant, pushing energy back into the grid unmanaged, causing volatility in the market, unless all assets are connected into a VPP. But this decentralised boom, while good for renewables, has also triggered rising energy prices and market volatility, as energy retailers grapple with shrinking demand and shifting supply.

NRN was built to solve this. By operating as an independent infrastructure layer between the solar industry and energy retailers, NRN helps stabilise the grid, lower costs for households, and deliver solar and battery systems with no upfront payment, unlocking clean energy for those who can’t afford to fork out tens of thousands to go it alone.

Investor Quotes:

“This Series A marks Investible’s third investment in NRN since leading their seed round in March 2024,” said Ben Lindsay, Investment Principal at Investible. “This latest raise represents the largest investment from our fund to date, underscoring the conviction we’ve built in the team, the model, and the scale of the opportunity. In just over 18 months, NRN has grown its network by more than 505% by solving one of the toughest challenges in energy: making clean energy accessible and affordable for households. We’re thrilled to welcome our co-lead, Virescent, and other exceptional investors to the cap table. NRN is building both a company and a category with global potential, and we’re proud to be on the journey with them.”

“Virescent Ventures is proud to support NRN in its Series A. Alan and the NRN team have built a smart, scalable solution to one of the most pressing challenges facing Australia’s energy transition – grid stability,” said Blair Pritchard, Partner at Virescent Ventures. “Australia’s transition to renewables has reached a critical moment – without the rapid deployment of battery storage and distributed generation technology, the energy transition will stall. NRN’s business model and technology can help address this by rapidly unlocking additional storage capacity, while democratising access to solar and battery technology. It will help more households benefit from renewable energy and battery technology without the upfront costs, while helping retailers and easing pressure on the grid. NRN presents a smart solution for consumers and the energy market, and a big step forward in decarbonising the electricity grid.”

“Infradebt is pleased to provide a bespoke debt financing solution to support the rapid growth of the NRN platform,” said Chin-Lee Yu, Co-Founder at Infradebt. “The build out of residential battery storage and VPPs will be a key next step in the energy transition.”

“NRN exemplifies the kind of business the Planet Fund is designed to support, where access to cost-effective capital is critical to achieving scale and reducing emissions,” said Amanda Goodman, Partner, Planet Fund. “Its innovative business model, which requires both equity and non-dilutive debt to scale, aligns with our thesis of deploying flexible capital to accelerate climate solutions and help people save money. We’re particularly excited by NRN’s potential to drive meaningful household decarbonisation and contribute to lower energy emissions intensity.”
“We’re proud to have supported this pivotal transaction, which positions the company to scale its operations and accelerate its Series A equity raise,” said Jason Watts, Managing Director, Neu Capital. “This debt raise highlights the depth of investor appetite for high-quality opportunities in the energy transition sector.”

“I’m thrilled to be backing NRN for the third time through Electrifi Ventures, as well as several times personally. It’s been amazing to watch their journey, and this raise gives them the runway to truly take off — accessing capital at an incredibly efficient rate and having successfully bridged the valley of death that so many startups face. I’m proud to be part of helping get businesses like this off the ground,” said Danin Kahn, Electrifi Ventures.

About NRN
NRN is an Australian renewable energy company reshaping how households access solar and battery systems. Specialising in Virtual Power Plants, NRN makes clean energy affordable and accessible. Recent partnerships with Alinta Energy and Jacana Energy highlight NRN’s ability to deliver innovative, scalable energy solutions across the country.

SOURCE National Renewable Network

ATLANTA, Aug. 11, 2025 — Softwear Automation, the pioneer in autonomous sewing technology, today announced the successful close of its $20 million Series B1 funding round, marking a major milestone in its mission to revolutionize sewn goods manufacturing. The round was led by a strategic investment from BESTSELLER, the Danish fashion company behind brands such as JACK & JONES, VERO MODA, and ONLY. The investment was made through Invest FWD, BESTSELLER’s dedicated innovation and investment platform for advancing sustainability in the fashion industry. Current investors (including CTW Venture Partners, SRI Capital, MacDonald Ventures) also participated in the financing.

As part of the collaboration between Softwear Automation and BESTSELLER , CFO Thomas Børglum Jensen, on behalf of BESTSELLER, joins the board of Softwear Automation. This at a time of rapid progress towards commercialization of Softwear’s fully automated SEWBOT® worklines.

“This partnership with BESTSELLER and the support from Invest FWD are not just a vote of confidence in our technology — they are a powerful catalyst for the future of on-demand, localized, and more sustainable apparel manufacturing,” said Palaniswamy “Raj” Rajan, Chairman and CEO of Softwear Automation.

Softwear Automation’s patented SEWBOT® technology delivers a fully autonomous sewing solution, enabling sewn products to be made closer to the consumer, with radically reduced waste, faster cycle times, and superior cost-efficiency. This funding round will accelerate the company’s expansion into new product categories and geographies, deepen its R&D capabilities, and scale its production footprint to meet growing global demand.

From BESTSELLER, CFO Thomas Børglum Jensen added, “At BESTSELLER, we look for innovations that can support progress within the fashion industry, where change is needed. Softwear Automation is helping address some of the key challenges we face across the industry — from speed and flexibility to lowering environmental impact. We’re pleased to support their development and explore how this technology can help us move forward.”

The partnership supports BESTSELLER’s wider efforts to improve its supply chain model with ambitions about reducing environmental impact and increasing transparency.

By leveraging SEWBOT® technology, Softwear Automation and BESTSELLER aim to enable more circular and demand-driven production practices.

With this strategic alliance and fresh funding, Softwear Automation is poised to lead the next era of apparel manufacturing — one where fashion is faster, focused on sustainability improvements, and made closer to home.

About Softwear Automation

Softwear Automation is an Atlanta-based robotics company disrupting the $1.1T sewn products industry with fully automated worklines. Its patented SEWBOT® platform combines advanced robotics, machine vision, and AI/MLto create a scalable, localized, and sustainable solution for apparel manufacturing. For more information, visit www.softwearautomation.com.

About BESTSELLER and Invest FWD

BESTSELLER is a family-owned international fashion company with brands sold in more than 70 markets worldwide. Invest FWD is BESTSELLER’s innovation platform and investment arm, focused on accelerating sustainable transformation across the fashion value chain. Learn more at www.bestseller.com.

Media Contact:

Radhika Madhavan
Marketing Consultant
Softwear Automation
[email protected]

Kasper Reggelsen
Head of Communications
BESTSELLER
[email protected] 

Logo – https://mma.prnewswire.com/media/2747998/Softwear_Automation_Logo.jpg 

Round was led by Forerunner with participation from Y Combinator, NFX, Perceptive Ventures, and Gaingels.

NEW YORK, Aug. 11, 2025 — Novig, the leading peer-to-peer sports prediction market in the United States, today announced the successful close of an $18 million Series A funding round. The round was led by Forerunner, with participation from existing investors Y Combinator, NFX, Perceptive Ventures, and Gaingels.

Founded by Jacob Fortinsky and Kelechi Ukah, Novig is reimagining sports predictions as a transparent and fair marketplace. Unlike traditional sportsbooks, Novig allows users to trade directly with one another, rather than against the house, eliminating hidden fees, biased odds, and the risk of being penalized for winning.

Novig has experienced explosive growth since its public launch in September 2024, achieving a 50x increase in monthly trading volume and surpassing 2 billion worth in annualized volume in Novig Cash.

“What we’re building isn’t just sports predictions–it’s a true peer-to-peer market,” said Jacob Fortinsky, CEO and co-founder of Novig. “We believe users deserve a system that rewards skill, reflects true supply and demand, and gives every fan a fair shot. We’ve quickly become the #1 sports prediction market in the US, and our organic growth speaks to the strength of our product and the passion of our community. The support from some of the world’s leading tech investors, who believe in our mission to democratize sports betting for good, is a powerful endorsement—not just of what we’ve built, but of the future we’re creating. This funding will allow us to scale our mission across more sports, more formats, and ultimately, to more users.”

More than 90% of trades on Novig are now fully peer-to-peer, a signal of strong product-market fit. Novig users are three times more likely to remain active on the platform compared to traditional betting platforms. Every new Novig user receives a starting balance of Novig Coins and Novig Cash, enabling them to experience the thrill of trading with no upfront deposit or risk.

With the new capital, Novig plans to expand coverage to additional sports and deepen its presence in existing markets. The company will also launch new features, including leaderboards, group contests, and head-to-head trading. Additionally, Novig aims to support fiat on-ramps such as debit and credit card payments, launch a full-featured web app, and scale hiring across its engineering, product, and growth teams.

“Novig sits at the center of several key secular trends in gaming and entertainment, namely that consumers increasingly are spending their time, energy, and attention with financial products,” said Fawzi Itani, Principal at Forerunner. “The Novig team brings the most sophisticated and nuanced perspective to sports prediction markets. They not only deeply understand their target customer, but are building a system that is more fair, community-oriented, rewarding, and well, fun.”

As Novig continues its mission to deliver the best sports prediction experience in the market, it is quickly becoming the go-to platform for fans who care about price, product, and performance.

About Novig:
Novig is America’s #1 Sports Prediction Market, and the only platform to offer commission-free, peer-to-peer trading on sports. By eliminating the traditional sportsbook model, Novig delivers better pricing, full transparency, and a more efficient market structure for users.

For more information, visit novig.us or follow Novig on X or LinkedIn.

SOURCE Novig

–  Strategic investment to support RBL’s mission to launch and scale breakthrough startups 

–  Founder and general partner of Modi Ventures, Sahir Ali, to join RBL board of directors

–  Modi Ventures’ Ali, RBL managing partner Wotton to speak on venture creation at Canaccord Genuity Growth Conference Aug. 12

HOUSTON, Aug. 8, 2025 — RBL LLC, a pioneering biotech venture creation studio dedicated to rapidly building companies based on breakthrough medical technologies, announced that it has secured an investment from Modi Ventures to support its mission to launch and scale breakthrough startups into clinical-stage companies.

In addition, RBL has announced the appointment of Sahir Ali to its board of directors. Ali is the founder and current general partner of Modi Ventures, a leading venture capital firm investing in biology and technology based in Houston. Ali’s experience as an accomplished technology and health care leader, investor and adviser will be instrumental in bridging the gap between academic biotech discoveries and the clinical care market.

“This investment by Modi Ventures will be instrumental to RBL’s growth as it reinforces confidence in our venture creation model and accelerates our ability to develop successful biotech startups,” said Paul Wotton, RBL’s managing partner. “Sahir’s addition to the board will also amplify this collaboration with Modi. His strategic counsel and deep understanding of field-defining technologies will be invaluable as we continue to grow and deliver on our mission.”

“The bold thinking and entrepreneurial initiatives coming out of RBL represent an important cornerstone of the rapidly evolving Houston life sciences scene, and I am honored to contribute to this growth by joining this exceptional board,” Ali said. “Partnering my new role at RBL with the investment made by Modi can truly help not only build companies but also shape the future of patient care in a collaborative and more efficient way.”

“Modi Ventures’ investment is a strong signal of market validation for the acceleration model we’ve built into RBL,” said Paul Cherukuri, board member of RBL and chief innovation officer of Rice University. “It reflects growing investor confidence in RBL’s ability to turn breakthrough science into real-world therapies and in Houston’s rise as a global force in biotech innovation.”

Modi Ventures employs a proprietary financial engineering framework grounded in modern portfolio theory and efficient frontier principles. With $134 million under management, Modi Ventures backs category-defining companies advancing artificial intelligence (AI)-driven drug discovery, diagnostics and engineered therapeutics. The firm also invests in leading funds across the biotech and technology spectrum. A parallel entrepreneur, scientist and innovator, Sahir has led transformative work and built companies across AI, cloud computing and precision medicine.  Sahir serves on the board of directors of the Drug Information Association, a leading global life science membership association driving collaboration in drug, device and diagnostics development in pursuit of a healthier world.

Sahir will join existing board members Wotton, Cherukuri, Omid Veiseh, Rima Chakrabarti, John Jaggers, Devyn Smith and James Watson, an accomplished group of leaders with deep expertise in biotech innovation, clinical translation and venture building who together provide strategic guidance to help drive RBL’s continued growth and success.

Wotton and Ali will participate in a panel discussion at the Canaccord Genuity 45^thannual Growth Conference Aug. 12 to discuss the future of biotech venture creation and the evolving role of academic innovation in company formation.

About RBL LLC:

RBL LLC is a pioneering biotech venture creation studio based in Houston that is dedicated to accelerating the development of breakthrough medical technologies and therapies through company formation. RBL provides entrepreneurs, researchers and innovators with infrastructure, financial support and strategic guidance as well as access to laboratory space and shared resources in the Texas Medical Center Helix Park. For more information, please visit https://www.rbl-llc.com/.

Media Contact:

Russo Partners
David Schull or Liz Phillips
(347) 956-7697
[email protected] 
[email protected] 

SOURCE RBL LLC

SAN FRANCISCO, Aug. 7, 2025 — OneSkin, the pioneering skin longevity brand, powered by biotech and grounded in science, is proud to announce a $20 million Series A investment from growth equity firm Prelude Growth Partners. The investment, completed last month, reflects Prelude Growth’s strong conviction in OneSkin’s mission and potential, and marks a significant milestone in the brand’s next chapter of growth.

Unlike traditional funding rounds, OneSkin was not actively seeking new capital at the time. Prelude Growth Partners proactively approached the brand with a desire to invest, and OneSkin leveraged the opportunity to replace an early seed stage investor with a partner who could best support them in this next stage of growth. This strategic investment underscores Prelude Growth’s belief in the long-term potential of skin longevity as a category and in OneSkin’s leadership at the forefront of this movement.

Founded by a team of female PhD scientists, OneSkin is the first brand to focus exclusively on extending skinspan — the period during which skin remains healthy and functional, by using rigorous scientific research to target the underlying mechanisms of aging, not just surface appearance. Their approach centers around longevity science, particularly targeting senescent cells—the aging cells that accumulate in skin over time and contribute to inflammation, collagen breakdown, and visible signs of aging. OneSkin’s proprietary peptide, OS-01, is designed to reduce the burden of these senescent cells, aiming to make the skin that looks and behaves like younger skin.

“We’re incredibly proud to welcome Prelude Growth Partners to the OneSkin family,” said Carolina Reis Oliveira, PhD, Co-Founder and CEO of OneSkin. “Their team’s expertise in building modern consumer brands and their enthusiasm for our science-driven approach made this a natural fit. We weren’t looking for new capital — but their passion and belief in our vision made this an opportunity to expand our resources and work alongside people we deeply admire. We got ourselves a dream team!”

Prelude Growth Partners, a New York-based growth equity firm, is known for backing high-growth, founder-led consumer brands. Their portfolio includes several female-founded companies that have successfully scaled across health & wellness, beauty & personal care, food & beverage, and consumer service categories.

“OneSkin’s cutting edge science, novel proprietary technology, leadership in skin longevity, and compelling brand are truly unique in the category,” said Alicia Sontag, Co-Founder and Managing Partner of Prelude Growth. “We are extremely proud to have the opportunity to partner with Carolina, Alessandra and the team at OneSkin to support them in creating an iconic, powerhouse brand of the future.”

OneSkin’s best-selling topical and supplement offerings — including OS-01 FACE, BODY and EYE, and the recently launched OS-01 LIP and HAIR — have garnered a passionate community of consumers and fans, including Jennifer Aniston, Camila Alves McConaughey and Katy Perry. Previous investors include Selva Ventures, Unilever Ventures, Plus Capital, 2Future, SOSV, Meta Planet and Able Partners. Products are available at www.oneskin.co.

About OneSkin
Founded by four female PhD scientists with deep expertise in stem cell biology, bioinformatics, and tissue engineering, OneSkin is a skin longevity company committed to transform skincare into skin longevity—developing scientifically proven products that optimize skin’s biology at the cellular level, reversing signs of aging while supporting overall healthspan. For additional information on OneSkin, please visit www.oneskin.co .

About Prelude Growth Partners
Prelude Growth Partners is a leading consumer-focused growth equity firm that supports brands made for the new modern consumer. By partnering with founders and CEOs, Prelude Growth Partners provides deep category experience, value-added operational support, and a broad network to power the high potential, fast-growing consumer brands of tomorrow. Prelude Growth Partners seeks to make investments of $15 million to $75 million in each company, across branded consumer categories including beauty & personal care, food & beverage, health & wellness, pet and other consumer product and service companies. Representative past and current partner investments include: Bachan’s, Banza, Blueland, Fly By Jing, MadeGood, So Good So You, Skin Pharm, Sol de Janeiro, Summer Fridays, The Center Brands (including Naturium and PHLUR), Tower 28, and Westman Atelier. For additional information on Prelude Growth Partners, please visit www.preludegrowth.com or follow the firm on LinkedIn.

SOURCE OneSkin