Le tour de table mené par Wellington Management porte le financement total d’Encord à 110 millions de dollars, la société ayant vu son chiffre d’affaires dans le domaine de l’IA physique multiplié par 10 au cours des douze derniers mois

SAN FRANCISCO, 27 février 2026 — Encord, la société d’infrastructure de données pour l’IA physique, a annoncé aujourd’hui une série C de 60 millions de dollars dirigée par Wellington Management, ce qui porte le financement total de la société à 110 millions de dollars. Les investisseurs existants Y Combinator, CRV, N47, Crane Venture Partners et Harpoon Ventures ont également participé à ce tour de table, de même que les nouveaux investisseurs Bright Pixel Capital et Isomer Capital.

Cet investissement aidera Encord à développer sa plateforme d’infrastructure de données natives pour l’IA, qui aide les équipes d’IA à gérer, conserver, annoter et aligner les données multimodales dont dépendent les systèmes d’IA physiques, y compris les données audio, vidéo, images, données de capteurs, nuages de points 3D et autres formats que les plateformes de données traditionnelles n’ont pas été conçues pour gérer.

Encord travaille avec plus de 300 équipes d’IA dans le monde, dont Woven by Toyota, Skydio, AXA Financial et de nombreux laboratoires physiques d’IA et de pointe. Au cours des douze derniers mois, l’entreprise a enregistré une croissance significative de son chiffre d’affaires et du volume de données sur sa plateforme en raison de l’essor de l’IA physique.

Le point d’inflexion de l’IA physique

La série C d’Encord intervient alors que l’IA physique, qui alimente les robots, les véhicules autonomes, les drones et d’autres systèmes fonctionnant dans le monde réel, entre dans une nouvelle phase de croissance explosive. Après des années de démonstrations en laboratoire et de programmes pilotes, ces systèmes entrent en production. Les analystes prévoient que plus de 400 millions de robots IA seront mis en service au cours des quatre prochaines années seulement, et que l’industrie de l’IA physique représentera plus de 30 milliards de dollars au cours de la même période.

Contrairement aux grands modèles de langage, qui ont été formés sur l’internet ouvert, les modèles d’IA physique doivent apprendre à partir de données propriétaires, y compris les flux de capteurs, la vidéo, la télémétrie robotique, les cas de figure capturés sur le terrain et d’autres sources. Le stockage et le traitement de ces données nécessitent une plus grande puissance de calcul que le stockage et le traitement de textes.

Ces données ne s’organisent pas d’elles-mêmes. L’intégration des données adéquates dans les modèles et l’exclusion des données erronées, en continu et à grande échelle, nécessitent une infrastructure de données natives pour l’IA spécialement conçue à cet effet.

« Tout le monde se concentre sur la construction de modèles plus grands », a déclaré Ulrik Stig Hansen, cofondateur et co-directeur général d’Encord. « Mais pour l’IA physique, le goulot d’étranglement n’est pas la taille du modèle. C’est la disponibilité des données. Vous pouvez avoir le modèle le plus sophistiqué au monde, il échouera quand même si les données qui l’alimentent sont incomplètes, incohérentes ou en décalage avec les conditions du monde réel. C’est le problème que nous aidons à résoudre ».

Encord a vu la demande grimper en flèche à mesure que l’IA physique passe de l’expérimentation au déploiement :

• Les données sur la plateforme de la société sont passées de 1 pétaoctet à plus de 5 pétaoctets en douze mois, soit trois fois plus que les données utilisées pour entraîner GPT-4
• Les recettes provenant des clients du secteur de l’IA physique ont été multipliées par 10 au cours de la même période

La plateforme d’IA physique d’Encord permet aux entreprises et aux équipes d’IA de premier plan de capturer, d’organiser et de redéployer les données tout au long du cycle de vie du modèle. Du soutien à la génération de données en phase de pré-entraînement à l’alignement des modèles en fonction des retours humains, le logiciel d’Encord est conçu pour gérer toutes les tâches d’automatisation et de traitement des données auxquelles les entreprises d’IA physique peuvent être confrontées.

Bill Tinney, directeur principal de la gestion des produits et des partenariats en matière d’IA chez Vantor, un client d’Encord, a déclaré : « Chez Vantor, nous développons l’IA pour les infrastructures critiques et la sécurité nationale. Nous avions besoin d’une plateforme de données à la hauteur de nos ambitions. Encord nous offre une couche de données unifiée qui s’adapte à la complexité de nos flux de travail géospatiaux, de la conservation à l’évaluation en passant par l’annotation, sans fragmentation des outils. Pour les équipes de production d’IA, la façon dont on rend ses données opérationnelles constitue un avantage concurrentiel essentiel ».

Eric Landau, cofondateur et co-directeur général d’Encord, a déclaré que le financement permettra d’accélérer le développement des produits et l’expansion sur de nouveaux marchés. « Les entreprises qui gagnent dans le domaine de l’IA physique comprennent une chose que d’autres commencent à peine à réaliser : la valeur d’un modèle se mesure à la qualité des données qui l’alimentent. Nous construisons l’infrastructure qui rend ces données utilisables, non pas une seule fois, mais en permanence, au fur et à mesure que ces systèmes apprennent et s’améliorent dans le monde réel ».

À propos d’Encord

Encord est la couche de données universelle pour l’IA. La plateforme aide les équipes d’IA à former et à exécuter leurs modèles avec les bonnes données, en gérant, conservant, annotant et alignant les données tout au long du cycle de vie de l’IA. Encord travaille avec plus de 300 équipes d’IA de premier plan, dont Woven by Toyota, AXA et Skydio.

Relations avec la presse :
Chris Clemens
Nexios Communications Strategies
[email protected]

Logo – https://mma.prnewswire.com/media/2798765/Encord_Logo.jpg 

CALGARY, AB, Feb. 27, 2026 – Summit Explore Corporation (“Summit Explore”), a newly formed lithium brine development company backed by Summit Nanotech, today announced the launch of its US$8 million seed financing round to accelerate the acquisition and development of high‑value brine assets across Chile, Argentina, and the United States. The company begins operations with three secured projects and two additional assets under negotiation.

Lithium is a strategic material essential to every country’s defense and energy-related supply chains. Summit Explore was created to meet the rapidly expanding demand for Western lithium supply as global lithium consumption moves into a sustained multi‑decade growth cycle. Industry analysts project lithium demand to more than triple by 2035, while supply remains constrained by long development timelines and heavy geographic concentration. This dynamic creates a significant opportunity for new, low‑cost brine producers to enter the market.

A central advantage for Summit Explore and its project partners is direct access to Summit Nanotech’s proprietary denaLi™ Direct Lithium Extraction (DLE) platform, a high‑performance technology that delivers 95–99% lithium recovery with dramatically reduced water use. denaLi™ performs consistently across diverse brine chemistries, enabling Summit Explore to pursue a unique paleosalar acquisition model targeting large brine deposits overlooked by conventional developers that become economic only with advanced DLE. Summit Nanotech’s years of community collaboration and in-house engineering provide time and cost advantages to Summit Explore.

The company’s development pathway is built around an elegantly aligned BOOM model (Build‑Own‑Operate‑Maintain). Similar to well-established contract processing operations in other commodities, Summit Nanotech (which will remain a major shareholder in Summit Explore) finances, builds, and operates the DLE plant for each project deemed economically viable. This alignment accelerates execution while reducing the total capex burden.

“Summit Explore offers investors a rare combination: low‑cost resource development, best‑in‑class extraction technology, and a capital structure designed to scale efficiently,” said Amanda Hall, Founder and CEO of Summit Nanotech and Summit Explore. “With denaLi™ and the BOOM model, Summit Explore and our project partners can directly address global reliance on foreign lithium supply chains.”

The seed round will fund resource confirmation drilling, pilot testing, and preliminary economic assessments across the company’s initial portfolio. As Western nations compete for secure, high quality and cost-efficient lithium, Summit Explore aims to become a North American-based strategic supplier.

About Summit Explore

Summit Explore is a private lithium brine development company focused on acquiring and advancing high‑potential brine resources in the Lithium Triangle and the US. The company leverages Summit Nanotech’s patented denaLi™ DLE technology and an aligned Build-Own-Operate-Maintain (BOOM) development model to deliver scalable, low‑cost lithium supply to the global battery industry.

SOURCE Summit Explore Corporation

This strategic funding plan will enable Rapidus to steadily progress from its current R&D phase to mass production of 2nm logic semiconductors by 2027 

TOKYO, Feb. 27, 2026 — Rapidus Corporation today announced that it has completed a funding round totaling 267.6 billion yen (equivalent to $1.7 billion USD) from the Japan government and private sector companies.

A total of 100 billion yen was invested from the Information-Technology Promotion Agency (IPA), Japan, an independent administrative agency under the jurisdiction of the Ministry of Economy, Trade and Industry (METI) based on the “Act on Facilitation of Information Processing.”

Prior to the fundraising, METI conducted a public solicitation from September 3 to October 2, 2025. The process was titled, “Public Solicitation for the Selection of Entities Deemed Most Capable of Appropriately Implementing Necessary Measures to Ensure Stable Production of Semiconductors.” Rapidus applied and was selected as the operator on November 21, 2025. Based on this selection of the operator, Rapidus submitted an application to the IPA for investment, and the funding was secured.

Private-Sector Funding

Rapidus is also announcing private-sector funding, totaling 167.6 billion yen from 32 companies including Canon, Development Bank of Japan Inc., Fujitsu, NTT, SoftBank and Sony Group.

These capital increases, combined with the 7.3 billion yen raised at Rapidus’ founding, brings the total amount of stated capital and legal capital surplus to 274.95 billion yen.

Round investors include:

• Government Sector: IPA
• Private Sector: ARGO GRAPHICS Inc.; Canon Inc.; Dai Nippon Printing Co., Ltd.; Denso Corporation^+[1]; Development Bank of Japan Inc. (government-affiliated financial institution); FUJIFILM Corporation; Fujitsu Limited; Furukawa Electric Co., Ltd.; Hokkaido Electric Power Company, Incorporated; Honda Motor Co., Ltd.; IBM Japan, Ltd.; JX Advanced Metals Corporation; Kioxia Corporation⁺; KYOCERA Corporation; Mizuho Bank, Ltd.; MUFG Bank, Ltd.⁺; Nagase & Co., Ltd.; NEC Corporation⁺; NIPPON EXPRESS CO., LTD.; NOHMI BOSAI LTD.; North Pacific Bank, Ltd.; NTT, Inc.⁺, Seiko Epson Corporation; SoftBank Corporation⁺; Sony Group Corporation⁺; Sumitomo Mitsui Banking Corporation; The Chiba Bank, Ltd.; The Higo Bank, Ltd.; The Hokkaido Bank, Ltd./The Hokuriku Bank, Ltd. (Hokuhoku Financial Group); TOYOTA MOTOR CORPORATION⁺ and Ushio Inc.

Since its fiscal year 2022, Rapidus has received subsidies from Japan’s New Energy and Industrial Technology Development Organization under the “Post-5G Information and Communication Systems Infrastructure Enhancement R&D Project / Development of Advanced Semiconductor Manufacturing Technology (Commissioned).” These projects are part of the “Research and Development of 2nm-Generation Semiconductor Integration Technology and Short Turnaround Time (TAT) Manufacturing Technology Based on Japan–U.S. Collaboration” and “Development of Chiplet, Package Design and Manufacturing Technology for 2nm-Generation Semiconductors.”

Rapidus will continue to secure funding through capital increases and loans from both public and private sources. This strategic funding plan will enable the company to steadily progress from its current R&D phase to mass production of 2nm logic semiconductors by 2027.

About Rapidus Corporation
Rapidus Corporation aims to develop and manufacture the world’s most advanced logic semiconductors. We will create new industries together with our customers through the development and provision of services to shorten cycle times in design, wafer processes, 3D packaging and more. We will continue to challenge ourselves in order to contribute to the fulfillment, prosperity and happiness of people’s lives through the use of semiconductors.

U.S. Media Contact:
Breakaway Communications for Rapidus
Email: [email protected]

¹ +: Indicates companies that made additional investments as part of initial funding in 2022

SOURCE Rapidus Corporation

-Encord consigue una serie C de 60 millones de dólares para escalar su infraestructura de datos nativa de IA mientras la IA física alcanza un punto de inflexión

La ronda de financiación liderada por la dirección de Wellington eleva la financiación total de Encord a 110 millones de dólares, mientras que la compañía ve multiplicarse por diez sus ingresos por IA física en los últimos doce meses.

SAN FRANCISCO, 27 de febrero de 2026 — Encord, la empresa de infraestructura de datos para IA física, anunció hoy una ronda de financiación Serie C de 60 millones de dólares liderada por Wellington Management, lo que eleva la financiación total de la compañía a 110 millones de dólares. Los inversores actuales Y Combinator, CRV, N47, Crane Venture Partners y Harpoon Ventures también participaron en la ronda, junto con los nuevos inversores Bright Pixel Capital e Isomer Capital.

La inversión ayudará a Encord a escalar su plataforma de infraestructura de datos nativa de IA, que ayuda a los equipos de IA a gestionar, seleccionar, anotar y alinear los datos multimodales de los que dependen los sistemas físicos de IA, incluyendo audio, vídeo, imágenes, datos de sensores, nubes de puntos 3D y otros formatos que las plataformas de datos tradicionales no estaban diseñadas para gestionar.

Encord colabora con más de 300 equipos de IA a nivel mundial, entre ellos Woven by Toyota, Skydio, AXA Financial y numerosos laboratorios de IA física y de vanguardia. La compañía ha experimentado un crecimiento significativo tanto en ingresos como en volumen de datos en su plataforma en los últimos doce meses como resultado del auge de la IA física.

El punto de inflexión en la IA física

La Serie C de Encord llega en un momento en que la IA física —que impulsa robots, vehículos autónomos, drones y otros sistemas que operan en el mundo real— entra en una nueva etapa de crecimiento explosivo. Tras años de demostraciones en laboratorio y programas piloto, estos sistemas están entrando en producción. Los analistas proyectan que más de 400 millones de robots con IA estarán en línea en tan solo los próximos 4 años, y que el tamaño de la industria de la IA física superará los 30.000 millones de dólares en el mismo período.

A diferencia de los grandes modelos de lenguaje, que se entrenaron en la internet abierta, los modelos de IA física deben aprender de datos patentados, como señales de sensores, vídeo, telemetría robótica, casos extremos capturados en el campo y otras fuentes. Almacenar y procesar estos datos requiere mayor capacidad computacional que almacenar y procesar texto.

Esos datos no se organizan solos. Incorporar los datos correctos a los modelos y excluir los incorrectos —de forma continua y a gran escala— requiere una infraestructura de datos nativa de IA diseñada específicamente.

“Todos se centran en crear modelos más grandes”, afirmó Ulrik Stig Hansen, cofundador y coconsejero delegado de Encord. “Pero para la IA física, el obstáculo no es el tamaño del modelo, sino la disponibilidad de los datos. Se puede tener el modelo más sofisticado del mundo y, aun así, fallará si los datos que lo alimentan son incompletos, inconsistentes o no se ajustan a las condiciones del mundo real. Ese es el problema que solucionamos”.

Encord ha experimentado un aumento de la demanda a medida que la IA física pasa de la experimentación a la implementación:

• Los datos en la plataforma de la empresa han crecido de 1 petabyte a más de 5 petabytes en doce meses, tres veces más que los datos utilizados para entrenar GPT-4.
• Los ingresos de los clientes de IA física se han multiplicado por diez durante el mismo período.

La plataforma de IA física de Encord permite a las empresas y equipos líderes en IA capturar, organizar y redistribuir datos a lo largo del ciclo de vida del modelo. Desde facilitar la generación de datos en la fase de preentrenamiento hasta alinear los modelos según la retroalimentación humana, el software de Encord está diseñado para gestionar todas las tareas de automatización y procesamiento de datos que las empresas de IA física puedan afrontar.

Bill Tinney, director sénior de Gestión de Productos de IA y Asociaciones en Vantor, cliente de Encord, afirmó: “En Vantor, desarrollamos IA para infraestructuras críticas y seguridad nacional; necesitábamos una plataforma de datos que estuviera a la altura de nuestras ambiciones. Encord nos proporciona una capa de datos unificada que escala con la complejidad de nuestros flujos de trabajo geoespaciales, desde la curación hasta la anotación y la evaluación, sin fragmentación de herramientas. Para los equipos de IA de producción, la forma en que se operacionalizan los datos es una ventaja competitiva fundamental.”

Eric Landau, cofundador y coconsejero delegado de Encord, afirmó que la financiación acelerará el desarrollo de productos y la expansión a nuevos mercados. “Las empresas que triunfan en IA física comprenden algo que otras apenas están empezando a comprender: la calidad del modelo depende de los datos que lo respaldan. Estamos construyendo la infraestructura que permite utilizar esos datos, no solo una vez, sino continuamente, a medida que estos sistemas aprenden y mejoran en el mundo real.”

Acerca de Encord 

Encord es la capa de datos universal para IA. La plataforma ayuda a los equipos de IA a entrenar y ejecutar sus modelos con los datos adecuados, gestionando, seleccionando, anotando y alineando datos a lo largo de todo el ciclo de vida de la IA. Encord colabora con más de 300 equipos líderes de IA, como Woven by Toyota, AXA y Skydio.

Contacto para medios:
Chris Clemens
Nexios Communications Strategies
[email protected]

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/C O R R E C T I O N – Encord/ In the news release, ENCORD SECURES $60M SERIES C TO SCALE AI-NATIVE DATA INFRASTRUCTURE AS PHYSICAL AI HITS INFLECTION POINT, issued 26-Feb-2026 by Encord over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

ENCORD SECURES $60M SERIES C TO SCALE AI-NATIVE DATA INFRASTRUCTURE AS PHYSICAL AI HITS INFLECTION POINT

Wellington Management-Led Round Brings Encord’s Total Funding to $110M as Company Sees Physical AI Revenue Grow 10x in Last Twelve Months

SAN FRANCISCO, Feb. 26, 2026 — Encord, the data infrastructure company for physical AI, today announced a $60 million Series C led by Wellington Management, bringing the company’s total funding to $110 million. Existing investors Y Combinator, CRV, N47, Crane Venture Partners and Harpoon Ventures also participated in the round alongside new investors Bright Pixel Capital and Isomer Capital.

The investment will help Encord scale its AI-native data infrastructure platform, which helps AI teams manage, curate, annotate, and align the multimodal data that physical AI systems depend on, including audio, video, images, sensor data, 3D point clouds and other formats that legacy data platforms weren’t built to handle.

Encord works with over 300 AI teams globally, including Woven by Toyota, Skydio, AXA Financial and numerous physical AI and frontier labs. The company has seen significant growth in both revenue and data volume on its platform in the last twelve months as a result of the surge in physical AI.

The Inflection Point in Physical AI

Encord’s Series C comes as physical AI – which powers robots, autonomous vehicles, drones, and other systems that operate in the real world – enters an explosive new growth stage. After years of lab demos and pilot programs, these systems are moving into production. Analysts project that over 400 million AI robots will come online in just the next 4 years, and that the size of the physical AI industry will eclipse $30B over the same time period.

Unlike large language models, which were trained on the open internet, physical AI models must learn from proprietary data, including sensor feeds, video, robotic telemetry, edge cases captured in the field and other sources. Storing and processing this data requires more computational power than storing and processing text.

That data doesn’t organize itself. Getting the right data into the models and keeping the wrong data out—continuously, at scale—requires purpose-built AI-native data infrastructure.

“Everyone is focused on building bigger models,” said Ulrik Stig Hansen, Co-Founder and Co-CEO of Encord. “But for physical AI, the bottleneck isn’t model size. It’s data readiness. You can have the most sophisticated model in the world, and it will still fail if the data feeding it is incomplete, inconsistent, or misaligned with real-world conditions. That’s the problem we solve.”

Encord has seen demand surge as physical AI moves from experimentation to deployment:

• Data on the company’s platform has grown from 1 petabyte to over 5 petabytes in twelve months—3x more than the data used to train GPT-4
• Revenue from physical AI customers has grown 10x over the same period

Encord’s physical AI platform allows leading AI companies and teams to capture, organize and redeploy data across the model lifecycle. From facilitating data generation in the pre-training phase to aligning models in accordance with human feedback, Encord’s software is designed to handle every data automation and processing task physical AI companies may encounter.

Bill Tinney, Senior Director of AI Product Management and Partnerships at Vantor, an Encord customer, said, “At Vantor, we build AI for critical infrastructure and national security – we needed a data platform that could match our ambitions. Encord gives us a unified data layer that scales with the complexity of our geospatial workflows, from curation to annotation to evaluation, without tool fragmentation. For production AI teams, how you operationalize your data is a core competitive advantage.”

Eric Landau, Co-Founder and Co-CEO of Encord, said the funding will accelerate product development and expansion into new markets. “The companies winning in physical AI understand something that others are just beginning to realize: the model is only as good as the data behind it. We’re building the infrastructure that makes that data usable—not just once, but continuously, as these systems learn and improve in the real world.”

About Encord

Encord is the universal data layer for AI. The platform helps AI teams train and run their models with the right data – managing, curating, annotating, and aligning data across the full AI lifecycle. Encord works with over 300 leading AI teams, including Woven by Toyota, AXA, and Skydio.

Media Contact:
Chris Clemens
Nexios Communications Strategies
[email protected]

Correction: In the third paragraph and boilerplate, the list of representative customers served by Encord has been revised.

Logo – https://mma.prnewswire.com/media/2798765/Encord_Logo.jpg 

DENVER, Feb. 26, 2026 — Rebound Technologies, Inc. (“Rebound Technologies”), developer of the IcePoint® thermal energy storage and cooling platform, today closed a strategic investment led by Taronga Group, an institutionally-backed investor in real asset technologies, with participation from INNOPOWER, Skyview Ventures and True North Institute.

The financing reinforces confidence in Rebound’s differentiated thermal storage platform and positions their technology for expanded adoption across critical infrastructure markets including data centers, cold chain logistics, and gas turbine power generation, as well as niche applications in sports facilities and food manufacturing.

As global infrastructure faces rising power density, grid constraints, and decarbonization pressure, scalable thermal flexibility is becoming essential to maintaining performance and reliability. Rebound Technologies has developed a proprietary approach to high-performance thermal storage, producing ice at scale to deliver on-demand cooling, freezing, and dehumidification. The company’s energy storage platform combines operational performance with energy flexibility, reducing peak power consumption, lowering cost of cooling, and increasing facility capacity across commercial and infrastructure environments.

“Cooling is no longer just about maintaining temperature; it’s about unlocking infrastructure performance,” said Eric Kish, CEO of Rebound Technologies. “With our IcePoint® technology Rebound’s customers can increase operational capacity, firm peak demand, and transform cooling from a static load into a dynamic energy asset. This investment allows us to scale that capability at a critical moment for both digital and grid infrastructure.”

As lead investor, Taronga Group, alongside strategic participant INNOPOWER, brings extensive experience in scaling infrastructure technologies globally, supporting Rebound’s next phase of growth and execution. Proceeds from the financing will expand manufacturing capacity, accelerate commercial deployments, and advance continued product innovation.

“Globally, institutional investors are focused on energy resilience, supply chain transformation and AI-driven transition of traditional industries as defining macroeconomic themes. Rebound’s proprietary technology has been designed to serve critical applications in energy, logistics and digital infrastructure – three asset classes that sit at the center of these structural shifts. Taronga Group and our real asset partners are excited about the potential for Rebound’s solution to deliver measurable asset-level impact through enhanced flexibility, resilience and operational performance”, said Avi Naidu, Managing Director, Taronga Group.

“We are proud to support Rebound Technologies at this important stage of growth. Rebound’s proprietary approach addresses a critical lever in the energy transition, improving performance across data centers, industrial, and supply chains. Their turbine inlet cooling solutions are highly strategic to our shareholders, especially the potential to increase power generation capacity at the lowest incremental cost. As a joint venture between three of Thailand’s leading energy utilities focused on the energy transition, INNOPOWER invests in scalable solutions that enhance infrastructure performance while accelerating decarbonization. We believe Rebound is well positioned to accelerate decarbonization across multiple sectors, and we look forward to working closely with the team to support their next phase of accelerated market expansion,” said Mr. Athip Tantivorawong, CEO of INNOPOWER.

About Rebound Technologies

Rebound Technologies is a leader in grid-interactive thermal energy storage and advanced cooling systems. Its patented IcePoint® platform delivers dynamic cooling solutions that integrate performance optimization with energy flexibility for data centers, industrial facilities, recreation centers, and district energy applications. To learn more about Rebound Technologies at www.rebound-tech.com.

About Taronga Group

Taronga Group is a global investor, focused on driving innovation across Real Asset sectors such as real estate and infrastructure. The Group consists of Technology Investment Funds, Real Asset Investments, and RealTechX innovation programs, providing ecosystem support and advisory services. Taronga Group provides Real Asset owners and operators with strategic investment, access and advice across technology and sustainability. Taronga Group’s funds are backed by leading global institutional investors and major Real Asset owners and operators including Aldar, APG, Australian Retirement Trust, CBRE Inc., Dexus, Grosvenor Estate, La Caisse, PGIM, Mitsubishi Corporation, Nomura Real Estate, Patrizia AG, amongst others. Taronga Group covers markets across Asia-Pacific, North America, Europe and the Middle East. Learn more about Taronga Group at www.tarongagroup.com.

SOURCE Rebound Technologies Inc

Wellington Management-Led Round Brings Encord’s Total Funding to $110M as Company Sees Physical AI Revenue Grow 10x in Last Twelve Months

SAN FRANCISCO, Feb. 26, 2026 — Encord, the data infrastructure company for physical AI, today announced a $60 million Series C led by Wellington Management, bringing the company’s total funding to $110 million. Existing investors Y Combinator, CRV, N47, Crane Venture Partners and Harpoon Ventures also participated in the round alongside new investors Bright Pixel Capital and Isomer Capital.

The investment will help Encord scale its AI-native data infrastructure platform, which helps AI teams manage, curate, annotate, and align the multimodal data that physical AI systems depend on, including audio, video, images, sensor data, 3D point clouds and other formats that legacy data platforms weren’t built to handle.

Encord works with over 300 AI teams globally, including Woven by Toyota, Zipline, Skydio, AXA Financial and numerous physical AI and frontier labs. The company has seen significant growth in both revenue and data volume on its platform in the last twelve months as a result of the surge in physical AI.

The Inflection Point in Physical AI

Encord’s Series C comes as physical AI – which powers robots, autonomous vehicles, drones, and other systems that operate in the real world – enters an explosive new growth stage. After years of lab demos and pilot programs, these systems are moving into production. Analysts project that over 400 million AI robots will come online in just the next 4 years, and that the size of the physical AI industry will eclipse $30B over the same time period.

Unlike large language models, which were trained on the open internet, physical AI models must learn from proprietary data, including sensor feeds, video, robotic telemetry, edge cases captured in the field and other sources. Storing and processing this data requires more computational power than storing and processing text.

That data doesn’t organize itself. Getting the right data into the models and keeping the wrong data out—continuously, at scale—requires purpose-built AI-native data infrastructure.

“Everyone is focused on building bigger models,” said Ulrik Stig Hansen, Co-Founder and Co-CEO of Encord. “But for physical AI, the bottleneck isn’t model size. It’s data readiness. You can have the most sophisticated model in the world, and it will still fail if the data feeding it is incomplete, inconsistent, or misaligned with real-world conditions. That’s the problem we solve.”

Encord has seen demand surge as physical AI moves from experimentation to deployment:

• Data on the company’s platform has grown from 1 petabyte to over 5 petabytes in twelve months—3x more than the data used to train GPT-4
• Revenue from physical AI customers has grown 10x over the same period

Encord’s physical AI platform allows leading AI companies and teams to capture, organize and redeploy data across the model lifecycle. From facilitating data generation in the pre-training phase to aligning models in accordance with human feedback, Encord’s software is designed to handle every data automation and processing task physical AI companies may encounter.

Bill Tinney, Senior Director of AI Product Management and Partnerships at Vantor, an Encord customer, said, “At Vantor, we build AI for critical infrastructure and national security – we needed a data platform that could match our ambitions. Encord gives us a unified data layer that scales with the complexity of our geospatial workflows, from curation to annotation to evaluation, without tool fragmentation. For production AI teams, how you operationalize your data is a core competitive advantage.”

Eric Landau, Co-Founder and Co-CEO of Encord, said the funding will accelerate product development and expansion into new markets. “The companies winning in physical AI understand something that others are just beginning to realize: the model is only as good as the data behind it. We’re building the infrastructure that makes that data usable—not just once, but continuously, as these systems learn and improve in the real world.”

About Encord

Encord is the universal data layer for AI. The platform helps AI teams train and run their models with the right data – managing, curating, annotating, and aligning data across the full AI lifecycle. Encord works with over 300 leading AI teams, including Woven by Toyota, Zipline, AXA, and Skydio.

Media Contact:
Chris Clemens
Nexios Communications Strategies
[email protected]

SOURCE Encord

SAN FRANCISCO, Feb. 26, 2026 — Following its $100 million raise last September, VITURE has officially closed another $100 million financing round, bringing total capital raised within six months to over $200 million.

The latest round is led by Legend Capital, the investment arm affiliated with Lenovo, alongside a group of prominent strategic investors from the global technology ecosystem, including several prestigious investors from the previous round, such as Bertelsmann Group.

This new infusion of capital further strengthens investor confidence in VITURE’s leadership position within XR and AR hardware innovation, reinforcing strong momentum heading into 2026.

A Breakout Year for XR

2025 marked a defining year for VITURE’s evolution from a fast-growing startup into a dominant player in the XR industry.

In the second half of the year alone, VITURE launched its third-generation lineup — the Luma Series, representing its first major step into true AR experiences with Luma Ultra, alongside significant XR performance advances with its flagship model, The Beast.

The company also expanded retail presence across North America, including in-store placements at Best Buy with a first-of-its-kind walk-up XR demo experience.

According to IDC’s most recent quarterly reports, VITURE once again ranked #1 in XR glasses shipments in the United States, capturing the majority share of the extended-display category.

The long-awaited launch of The Beast in late 2025 marked a technological milestone, featuring an upgraded optical architecture and next-generation display system that will serve as a cornerstone of VITURE’s 2026 roadmap.

Cultural Momentum: Cyberpunk Collaboration

In December, VITURE partnered with CD Projekt RED to release a serialized limited-edition XR collaboration celebrating the fifth anniversary of Cyberpunk 2077.

The limited run of Luma Cyber XR Glasses quickly sold out, further strengthening VITURE’s cultural footprint within gaming and immersive entertainment communities. A wearable collectible. A display masterpiece. A slice of Night City — made real.

Strategic AI + AR Collaboration with NVIDIA & Stanford

Beyond consumer hardware, VITURE is also expanding into enterprise and medical applications.

In October, VITURE announced a joint initiative with NVIDIA and Stanford Medicine, combining AR and AI technologies to streamline laboratory workflows and accelerate research processes.

The collaboration was briefly featured in Jensen Huang’s keynote last October — a moment that VITURE considers a meaningful milestone, standing alongside innovations shaping the future of technology. The initiative will also be showcased at the upcoming NVIDIA GTC, further positioning VITURE at the intersection of spatial computing and artificial intelligence.

Official Statement Regarding XREAL Litigation

As an official response to XREAL’s litigation, VITURE confirms that it has already taken affirmative legal action to protect its rights. This includes initiating patent infringement proceedings against XREAL in China, as well as separate legal action addressing false and harmful statements made by XREAL concerning VITURE and its products.

While VITURE did not seek to be drawn into litigation, the company will not hesitate to enforce its intellectual property rights and pursue all appropriate legal remedies available under applicable law.

If the court rules in VITURE’s favor, potential remedies may include injunctive relief restricting the manufacturing and export of all XREAL products utilizing the electrochromic film technology, along with other corrective measures as permitted by law.

With respect to the patent infringement claims recently brought by XREAL in the United States, VITURE has retained Cooley LLP, a leading international litigation firm, as counsel. VITURE’s official position is as follows:

We believe the claims lack merit. VITURE has independently developed its products and respects valid intellectual property rights. We will address these matters through the appropriate legal process while remaining focused on delivering innovative products and serving our customers.

VITURE stands confident in its technology, its intellectual property portfolio, and its long-term vision for advancing the XR industry.

Eyes on 2026

With exponential year-over-year growth and strong institutional backing, VITURE enters 2026 positioned not only as a leading XR hardware company, but as a broader spatial computing platform shaping the future of work, entertainment, and AI integration.

The newly secured funding will accelerate next-generation product development, global expansion, and deeper strategic collaborations across the XR ecosystem. It will also support the launch of the new product line, VITURE’s next evolution in intelligent spatial experiences, ushering in a new category of connected lifestyle technology.

As spatial computing moves from niche to mainstream, VITURE is positioned at the forefront — redefining how people see, interact with, and experience digital worlds in everyday life.

About VITURE

VITURE is a global pioneer in the XR industry, redefining immersive experiences and next-generation digital consumption through advanced display technology, refined industrial design, and user-centric innovation. According to IDC, VITURE has captured more than 50 percent of the U.S. extended reality glasses market since Q4 2024, establishing itself as a category benchmark and a leader in the evolution of wearable XR.

Press Contact:

[email protected]

SOURCE VITURE

NASHVILLE, Tenn., Feb. 26, 2026 — Honest Health today announced a $140 million capital raise, led by NewSpring Healthcare, a sector-focused strategy of NewSpring dedicated to partnering with innovative healthcare companies. The investment reflects growing demand for Honest Health’s health system-focused approach and its track record of helping organizations execute successfully in value-based payment models.

Honest Health partners with health systems and providers to succeed in value-based, risk models through technology-enabled care coordination, quality improvement, and actionable insights. The raise is supported by K2 HealthVentures and a strong syndicate of Honest Health’s existing investors and institutional partners, including Rubicon Founders, Oak HC/FT, Welsh, Carson, Anderson & Stowe (WCAS), and Durable Capital Partners.

Proceeds from the investment will support continued growth, including expansion into new markets and partnerships with health systems, provider organizations, and payers.

NewSpring Healthcare brings sector-specific knowledge and executive operating experience to help healthcare services companies achieve their vision. The team works closely with founders and CEOs to navigate growth, identify inflection points, and guide critical financial and operational decisions.

“Value-based care continues to reshape the healthcare landscape, creating significant demand for partners that can support execution at scale,” said Mike Kaplan, NewSpring Partner and board member of Honest Health. “Honest Health has demonstrated a strong ability to help health systems navigate this transition, and we see substantial opportunity to expand the company’s reach. With our deep healthcare operating experience, we’re excited to partner with Honest Health to support continued adoption of value-based care and the company’s next phase of growth.”

“Health systems and providers face growing demands to improve outcomes and manage costs, accelerating the need for value-based care models anchored in strong clinical leadership, proven processes, and scalable infrastructure,” said Rob Bessler, M.D., chief executive officer of Honest Health.

Honest Health is led by an experienced management team with deep clinical and operational expertise. CEO Rob Bessler, M.D., is a physician leader and entrepreneur who founded Sound Physicians and built it into a multibillion-dollar organization with significant impact across 42 states. Honest Health was founded in 2021 by Adam Boehler, Abe Sutton, and Matt Kim of Rubicon Founders, a healthcare investment firm. Adam Boehler was the former director of the Center for Medicare and Medicaid Innovation, a role which Abe Sutton currently leads.

“Honest Health was created with the conviction that real transformation in healthcare only happens when providers have the tools, accountability and support to focus on value over volume,” said Matt Kim, partner at Rubicon Founders. “In a short period of time, the company has demonstrated that belief in action, delivering measurable improvements in patient outcomes, strengthening operational performance and building a more sustainable path forward for providers. We’re proud of what the team has built and excited to continue building alongside them and NewSpring as Honest Health enters its next phase of growth.”

Supported by NewSpring Healthcare and participating investors, Honest Health is well positioned to broaden its national footprint and deliver measurable performance in increasingly complex risk environments.

Leerink Partners served as exclusive financial advisor, and Ropes & Gray served as legal counsel to Honest Health in connection with the transaction.

About Honest Health

Honest Health is a physician-led, value-based care enablement organization that partners with health systems and providers to drive improved patient outcomes while reducing costs. Honest supports clinicians by offering actionable insights, operational expertise, and shared accountability in care models that prioritize quality and value. For more information, visit honesthealth.com.

About NewSpring

For more than 25 years, NewSpring Capital has worked alongside founders and management teams in the lower-middle market, providing capital, operational support, and strategic guidance to help businesses scale. With over $3.5 billion in assets under management and more than 250 investments completed, we bring operational experience and investment expertise to build market-leading companies across sectors such as technology, healthcare, business services, consumer, and industrials. Through five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt, we tailor our approach to each company’s stage and goals, always with a focus on sustainable growth. As specialists in the lower-middle market, we support growth that leads to more predictable outcomes. At NewSpring, we are as invested in your outcome as you are. For more information, visit newspringcapital.com. 

About Rubicon Founders

Rubicon Founders is an entrepreneurial healthcare investment firm focused on building and growing transformational companies that create enduring value by transforming the way people receive care. Rubicon Founders brings together a core team of investment, operating, and technology professionals who work to put patients and doctors first.

SOURCE Honest Health