Monthly Archives: February 2026

Willie Nelson’s Willie’s Remedy+ Raises $15 Million to Bring Its THC Drinks Nationwide

AUSTIN, Texas, Feb. 5, 2026 — Willie’s Remedy+, today announced a $15 million Series A funding round led by Left Lane Capital, with participation from Second Sight Ventures, to accelerate national retail expansion and continue product innovation.

In less than a year since launch, Willie’s Remedy+ has emerged as a breakout leader in the fast-growing THC drinks category. The brand has already sold more than 400,000 bottles, making it the #1 THC beverage sold online.

“This funding marks a major milestone as we build on our early momentum and bring Willie’s Remedy+ to shelves across the country,” said Greg Serrao, Co-Founder and CEO of JuneShine Brands, which provides sales, marketing, and distribution services to the brand. “We’ve proven demand online, and now we’re ready to replicate that success at retail.”

Willie’s Remedy+ was created with a simple but powerful vision: offer a modern alternative to alcohol that delivers clarity, balance, and connection — without hangovers. Inspired by Willie Nelson’s lifelong relationship with cannabis, the brand reflects his belief in living authentically and using the plant responsibly. Each beverage is crafted with USA-grown, hemp-derived THC, blended with CBD, CBG, and L-theanine for a fast-acting, short-lasting experience designed to elevate the moment without overwhelming it. Effects typically begin within 15–30 minutes and taper after one to one-and-a-half hours, making the drinks approachable for first-timers, the canna-curious, and seasoned consumers alike. “Willie’s Remedy+ isn’t about getting knocked out — it’s about finding your own balance, one sip at a time,” said Serrao.

“The biggest killer on the planet is stress, and I still think the best medicine is — and always has been — cannabis,” said Willie Nelson. “I gave up alcohol and tobacco a long time ago and switched to pot. Marijuana should be recognized for what it is: a remedy. I’m excited to share my remedy with the world.” Nelson has also been a vocal advocate for responsible hemp regulation, urging lawmakers to reject efforts to ban hemp at the federal level. “Banning hemp won’t solve problems,” Nelson said. “Smart regulation will.”

Following a successful limited retail test with Total Wine, where the brand quickly ranked among top THC-infused spirits, Willie’s Remedy+ is preparing for a national retail rollout in early 2026, leveraging JuneShine Brands’ established wholesaler and three-tier distribution network. The brand plans to launch with a 10-SKU portfolio, including 750ml THC-Infused Spirits, 12oz THC-Infused Seltzers in flavors like Strawberry Watermelon, Black Cherry Lime, and Passion Fruit Orange Guava, and 2oz THC-Infused Shots mirroring the flagship spirit flavors.

“We’re confident our strong online brand awareness will translate to serious velocities on shelf,” Serrao added. “Over time, retail will become our primary growth engine.” With fresh capital and growing demand, Willie’s Remedy+ is gearing up for expansion with retail partners including Total Wine, Lowe’s, Binny’s, TXB, and others nationwide in 2026.

“We invest in brands that align with where consumers are going — not where they’ve been. Today’s consumers are seeking balance, intention, and better-for-you experience,” said Laura Sillman, Partner at Left Lane Capital. “Willie’s Remedy+ stands out through cultural authenticity and a product experience designed for repeat, everyday occasions — which is exactly what builds enduring consumer brands.”

Willie’s Remedy+ also gives back to the farming community, beginning with a $40,000 donation to Willie Nelson’s Farm Aid Foundation, supporting small American farmers with plans for continued contributions.

About Willie’s Remedy+

Willie’s Remedy+ is a line of THC-infused social tonics inspired by Willie Nelson’s lifelong relationship with cannabis. Crafted with natural, hemp-derived cannabinoids and designed as a modern alternative to alcohol, the brand offers a balanced, customizable way to unwind — without hangovers. Learn more at www.drinkwillies.com and follow @drinkwillies on social media.

About Left Lane Capital

Founded in 2019, Left Lane Capital is a New York and London-based venture capital and growth equity firm investing in high-growth internet and consumer technology businesses globally. Left Lane’s mission is to partner with extraordinary entrepreneurs who create category-defining companies across growth sectors of the economy. Select investments include Bilt Rewards, Prenuvo, Olipop, Talkiatry, Tovala, HOLY, Blank Street, Kittl, Evvy, and more. For more information, visit www.leftlane.com.

About Second Sight Ventures

Second Sight Ventures is an early-stage venture capital firm backing high-growth companies at the forefront of culture and innovation. The firm partners with ambitious founders building culturally relevant products and services that don’t just follow consumer trends — they help create and shape them. Second Sight focuses on brands and platforms with real cultural gravity, where product, narrative, and community intersect to influence how people discover, adopt, and engage. Select investments include Lemme, Momentous, Khloud, Superpower, Steven.com, and Blueprint. The firm was founded by Chris Hollod, Patrick Finnegan, and Jackson Eisenpresser.

Contact:
For Media Inquiries: [email protected]

SOURCE Willie’s Remedy+

AI Lab Goodfire Raises $150M at $1.25B Valuation to Design Models with Interpretability

SAN FRANCISCO, Feb. 5, 2026 — Today, Goodfire—the AI research lab using interpretability to understand, learn from, and design models—announced a $150 million Series B funding round at a $1.25 billion valuation. The round was led by B Capital, with participation from existing investors Juniper Ventures, Menlo Ventures, Lightspeed Venture Partners, South Park Commons, and Wing Venture Capital, and new investors DFJ Growth, Salesforce Ventures, Eric Schmidt, and others. This funding, coming less than a year after its Series A, will enable Goodfire to advance frontier research initiatives, build the next generation of its core product, and scale partnerships across AI agents and life sciences.

Interpretability is the science of how neural networks work internally, and how modifying their inner mechanisms can shape their behavior—e.g., adjusting a reasoning model’s internal concepts to change how it thinks and responds. Interpretability also enables AI-to-human knowledge transfer, i.e., extracting novel insights from powerful AI models. Goodfire recently identified a novel class of Alzheimer’s biomarkers in this way, by applying interpretability techniques to an epigenetic model built by Prima Mente—the first major finding in the natural sciences obtained from reverse-engineering a foundation model.

“We are building the most consequential technology of our time without a true understanding of how to design models that do what we want,” said Yan-David “Yanda” Erlich, former COO and CRO at Weights & Biases and General Partner at B Capital. “At Weights & Biases, I watched thousands of ML teams struggle with the same fundamental problem: they could track their experiments and monitor their models, but they couldn’t truly understand why their models behaved the way they did. Bridging that gap is the next frontier. Goodfire is unlocking the ability to truly steer what models learn, make them safer and more useful, and extract the vast knowledge they contain.”

Most companies building AI models today build their models as black boxes. Goodfire believes that that approach means that society is currently flying blind—and that deeply understanding how models work “under the hood” is critical to building and deploying safe, powerful AI systems. The company is pursuing research which turns AI into something that can be understood, debugged, and intentionally designed like written software.

“Interpretability, for us, is the toolset for a new domain of science: a way to form hypotheses, run experiments, and ultimately design intelligence rather than stumbling into it,” explained Goodfire CEO Eric Ho. “Every engineering discipline has been gated by fundamental science—like steam engines before thermodynamics—and AI is at that inflection point now.”

Goodfire is part of an emerging cadre of research-first “neolabs”—AI companies which are pursuing new breakthroughs in training models which have been neglected by “scaling labs” such as OpenAI and Google DeepMind.

So far, the company has shown the value of their interpretability-driven approach across two key domains: scientific discovery and model design.

On the scientific discovery front, Goodfire has focused on deciphering scientific foundation models with partners like Mayo Clinic, Arc Institute, and Prima Mente, exemplified by their identification of a new class of biomarkers for Alzheimer’s detection. Because AI models already surpass human understanding in many scientific domains, like materials discovery and protein folding, studying how those models work can extract novel insights and expand the horizons of human knowledge. The company plans to continue scaling its pipeline for scientific discovery with new collaborators.

On the model design front, Goodfire has focused on teaching models directly through their internal mechanisms. The company has recently developed methods to efficiently retrain a model’s behavior by precisely targeting parts of its inner workings. One application of these methods reduced hallucinations by half in a large language model. Goodfire is betting that this approach will underpin a paradigm shift in how AI is built, where AI can be made far more reliable and people can precisely and efficiently dictate how models should behave without off-target effects.

The new funding will support Goodfire’s work to rethink training and build a “model design environment”—a platform for understanding, debugging, and intentionally designing AI models at scale. The platform will leverage frontier interpretability techniques to allow users to reach inside models, identify the parts responsible for behaviors they want to change, and specifically train or intervene on those subunits.

The company also plans to continue its green-field research into fundamental model understanding and new interpretability methods.

Goodfire’s team comprises top AI researchers from DeepMind and OpenAI, leading academics from Harvard, Stanford and more, and top ML engineering talent from OpenAI and Google. The team includes Nick Cammarata, a core contributor to the seminal interpretability team at OpenAI, co-founder Tom McGrath, who founded the interpretability team at Google DeepMind, and Leon Bergen, a professor at UC San Diego (on leave).

About Goodfire

Goodfire is a research company and public benefit corporation based in San Francisco, dedicated to using interpretability to understand, learn from, and design AI systems. Our mission is to build the next generation of safe and powerful AI—not by scaling alone, but by understanding the intelligence we’re building. Our goal is to make AI that can be understood, debugged, and shaped like software. Our team shaped modern neural network interpretability at OpenAI, DeepMind, Stanford, and Harvard. We’re backed by over $200M from B Capital, Menlo Ventures, Lightspeed, Eric Schmidt, and others.

Learn more at goodfire.ai and x.com/GoodfireAI.

About B Capital

B Capital invests globally in extraordinary founders and businesses shaping the future through technology. With more than $9 billion in assets under management and dedicated stage-based funds, the firm focuses on seed to early- and late-stage venture growth investments, primarily in the technology, healthcare and energy tech sectors. Founded in 2015, B Capital has an integrated, global team across nine locations in the U.S. and Asia. The firm’s value-add platform, together with the consulting expertise of its strategic partner, The Boston Consulting Group, provides entrepreneurs with the tools and resources to scale quickly and efficiently, expand into new markets and build market-leading businesses. For more information, click here.

SOURCE Goodfire

APEXX Global annonce un investissement de 10 millions de dollars de Finch Capital pour accélérer sa croissance internationale

LONDRES, 5 février 2026 — APEXX Global, la principale plateforme d’orchestration des paiements centrée sur les commerçants, a annoncé aujourd’hui un investissement stratégique pouvant atteindre 10 millions de dollars US, dirigé par Finch Capital, un investisseur de croissance européen possédant une grande expertise dans les paiements et les acteurs de la technologie financière à l’échelle internationale. 

APEXX Global est une plateforme d’orchestration des paiements plusieurs fois primée, qui permet aux commerçants d’entreprise, d’optimiser les performances de paiement à grande échelle par le biais d’une API unique. En acheminant intelligemment les transactions dans l’écosystème international des paiements, APEXX augmente sensiblement les taux d’acceptation, réduit les coûts de traitement et améliore les économies unitaires – transformant les paiements d’un fardeau opérationnel en un moteur mesurable de revenus et de marges.

L’investissement de Finch Capital, d’un montant maximum de 10 millions USD, fait suite à une période de forte dynamique commerciale pour APEXX Global, marquée par la signature d’importants contrats commerciaux avec des entreprises telles que Jet2, Iglu.com et Norse Atlantic vers la fin de l’année 2025. Ces nouveaux clients ont accéléré la montée en puissance de la plateforme et la croissance du chiffre d’affaires, ce qui a permis à l’entreprise d’atteindre le seuil de rentabilité. L’investissement de Finch servira maintenant à alimenter la prochaine phase de croissance d’APEXX Global, en soutenant l’innovation permanente des produits et l’expansion internationale, alors que la demande d’orchestration intelligente des paiements continue d’augmenter.

Dans le cadre de cet investissement, Radboud Vlaar, associé gérant chez Finch Capital, rejoindra le conseil d’administration d’APEXX Global et assumera le rôle de président, apportant sa grande expérience du soutien aux conseils d’administration et aux entreprises à forte croissance dans le domaine des paiements et des technologies financières.

Finch Capital gère plus de 500 millions d’euros d’actifs et a soutenu plus de 50 entreprises en portefeuille en Europe et aux États-Unis, avec une solide expérience dans la mise à l’échelle de plates-formes d’infrastructures critiques sur des marchés complexes et réglementés.

APEXX Global permet aux commerçants d’accéder à l’ensemble de l’écosystème international des paiements par le biais d’une API unique et fiable. Ses capacités de routage et d’optimisation intelligentes aident les commerçants à améliorer les taux de conversion, à réduire les coûts de traitement et à pérenniser leurs stratégies de paiement, sans ajouter de complexité ni de surcharge opérationnelle.

Radboud Vlaar, associé gérant de Finch Capital et président d’APEXX Global, a commenté l’événement :

 « APEXX Global a construit une plateforme d’orchestration des paiements réellement unique, en mettant clairement l’accent sur les résultats pour les commerçants. Le domaine des paiements est international, complexe et en constante évolution, et la capacité d’APEXX à optimiser intelligemment l’acceptation et les coûts à grande échelle lui confère un avantage concurrentiel exceptionnel. Nous sommes ravis de nous associer à l’équipe et de soutenir la prochaine phase de croissance internationale dans le secteur des voyages et au-delà. »

Peter Keenan, PDG et cofondateur d’APEXX Global, a déclaré :

 « Finch Capital apporte exactement la combinaison d’expertise en matière de paiements, de perspective internationale et d’expérience en matière de croissance que nous recherchions. Cet investissement est une validation solide de notre stratégie et de notre technologie, et la nomination de Radboud en tant que président renforce encore notre leadership au fur et à mesure que nous nous développons à l’échelle mondiale. Notre objectif reste clair : offrir une valeur mesurable aux commerçants en simplifiant les paiements et en améliorant les résultats. »

À propos d’APEXX GLOBAL (www.apexx.global)

APEXX Global est une plateforme internationale d’orchestration des paiements, plusieurs fois récompensée, qui regroupe les acquéreurs, les passerelles, les paniers d’achat et les méthodes de paiement alternatives en une seule place de marché et une solution unique pour les commerçants d’entreprise/de niveau 1. APEXX met en place un service intégré et transparent qui gère l’autorisation, le traitement et l’optimisation des transactions.

APEXX adopte une approche agnostique des partenariats, en travaillant avec de nombreux fournisseurs de solutions différents dans le secteur des paiements. Notre approche crée une solution plus efficace et plus rentable qui réduit la complexité des paiements électroniques et laisse de côté les systèmes technologiques traditionnels. Notre mission est d’aider les entreprises à se développer en réduisant les coûts inutiles, en augmentant les taux de conversion et en simplifiant le processus d’exécution des paiements grâce à une orchestration avancée des paiements.

A propos de Finch Capital (www.finchcapital.com)

Finch Capital est un investisseur européen en actions de croissance qui soutient des équipes ambitieuses construisant la prochaine génération de logiciels B2B spécialisés. Nous nous concentrons sur 9 secteurs de la technologie commerciale et financière. La société investit dans des entreprises générant généralement entre 5 et 15 millions d’euros de chiffre d’affaires, en les aidant à atteindre une échelle rentable et à accélérer leur croissance. Finch Capital apporte une expertise sectorielle approfondie et une méthode éprouvée de création de valeur. L’entreprise a soutenu des entreprises à forte croissance, dont AccountsIQ, eFlow, Fourthline, Goodlord, Lavanda, NomuPay et ZOPA.

Connect Music Raises $80 Million Led by Rockmont Partners and Variant Investments, Accelerating Growth and Empowering Independent Artists

MEMPHIS, Tenn., Feb. 5, 2026 — Connect Music, the Memphis-based music rights and technology company led by Founder, President & CEO George Monger, has announced $80 million in new financing with Rockmont Partners and Variant Investments, positioning the company for significant growth in catalog acquisition, music licensing, and data-driven solutions that empower independent artists and labels worldwide.

Connect Music’s recent success includes the viral summer hit “Blow My High” by Dee Mula. The label also works with legendary Grammy-nominated producers Mike & Keys, alongside artists Sauce Walka, Don Trip, Boosie Badazz, and Nless Entertainment/BIG30. Past clients include YTB Fatt, Bread Gang Entertainment, and BigXthaPlug.

“This investment represents transformational growth capital for Connect Music and the artist partners we serve,” said George Monger, Founder, President & CEO of Connect Music. “It gives us the ability to grow aggressively while staying true to our mission: empowering creators to maximize their earnings while owning their art, their data, and their future.”

The growth of Connect Music reflects Monger’s unique blend of entrepreneurial vision, passion for artists, and perseverance. A Bluff City native, Monger has long championed the creative economy in Memphis and the broader region. He began his career managing an international touring opera singer, later launching and leading a nonprofit music organization for four years before serving as Chief Operating Officer of the Memphis Symphony Orchestra in 2016.

In 2020, Monger founded Connect Music with the mission to provide independent artists and labels with transparent technology and financing typically reserved for major players. His leadership combines industry knowledge with a client-first approach that challenges traditional industry power structures. “George has consistently delivered on every promise,” said Richard W. Smith, CEO of FedEx Airline and International. “His leadership and vision represent what’s best about Memphis: resilience, innovation, and community.”

Richard W. Smith and the late Frederick W. Smith are among Connect Music’s most ardent supporters and shareholders, a testament to their belief in Monger’s leadership and integrity.

“We have seen Connect accelerate from a bold vision into a scaled, high-performing business. George’s ability to pair operational discipline with a deep commitment to creators has been a differentiator at every stage, and we have been impressed with how he executes on his plans. We are excited to support this next chapter and help George and the team continue building on this trajectory of sustainable, mission-driven growth for independent artists and labels,” said Curt Futch, Managing Director at Rockmont Partners.

With the new financing, Connect Music will scale its acquisition and licensing strategy, while deploying proprietary A.I models to expand opportunities for artists to earn more from their intellectual property.

Connect Music now stands shoulder-to-shoulder with the industry, but with a distinct focus on data transparency, equity, and artist ownership.

“Managing artists and running a nonprofit taught me that talent alone isn’t enough. Artists deserve systems that honor their creativity and secure their future. My mission is to redefine what it means to win in music: where ownership, education, and empowerment coexist,” Monger added. “This investment allows us to scale while keeping creators at the center of every decision.”

About Connect Music

Connect Music is a Memphis-based music rights and technology company dedicated to empowering independent artists and labels through transparency, innovation, and ownership. By combining cutting-edge data analytics with deep industry experience, Connect Music provides artists with the tools to manage, monetize, and protect their intellectual property across global platforms.

Founded by: George Monger

Headquarters: Memphis, Tennessee

Website: www.connectmusic.com

Media Contact: Abesi Manyando | 314-552-1316 | [email protected] | Atlanta| Memphis | Los Angeles

SOURCE Connect Music

FLOCK AI RAISES $6M TO SCALE ONE-TO-ONE COMMERCE

AI-Native Platform Functions as a Creative Co-Pilot for Product Storytelling 

NEW YORK, Feb. 5, 2026 — Flock AI, an AI-native visual commerce platform built specifically for fashion and retail, has raised a $6M seed round, led by Work-Bench, bringing total funding to $7.5M. The round includes participation from January Ventures, Red Bike Capital, Outlander VC, AI Furnace, and strategic angels.

The funding comes as retail brands face a structural shift: ecommerce success now depends on personalized, high-quality visual content at scale, something traditional photoshoots and first generation AI tools were never designed to support.

“Creative teams need leverage,” said Manvitha Mallela, Co-Founder and CEO. “Flock gives them their time and budgets back. We train custom AI models through reinforcement learning to help brands scale personalized storytelling that drives revenue, while keeping creative judgment with humans.”

Flock acts as a creative team’s co-pilot, generating brand accurate product imagery for every customer and channel without added headcount or budget. Unlike generic AI tools, Flock fits directly into how creative and merchandising teams already work.

“Teams spend less time on repetitive production and more time on storytelling and experimentation,” said Malavika Reddy, Co-Founder and CTO. “Flock absorbs the busywork so creativity can scale.”

How Flock Is Different

AI as a Creative Co-Pilot: Fashion-trained models work alongside creatives to deliver realistic, on-brand visuals, not generic AI output.

Hyper-Accurate Brand DNA: Each brand gets a custom AI algo capturing 200+ visual attributes for consistent storytelling across ecommerce, editorial, and video.

A System That Learns What Converts: Reinforcement learning uses creative feedback and conversion data to continuously improve results.

One-to-One Commerce, Built Responsibly: Imagery that reflects consumers across body types, skin tones, and ages, a level of representation no photoshoot budget could achieve.

Proven Commercial Impact

Brands using Flock report up to 90% cost savings compared to traditional photoshoots and 30%+ conversion rate lifts from more varied, representative imagery.

Flock was built by insiders solving their own problem. CEO Manvitha Mallela spent years leading merchandising and creative operations at Bloomingdale’s and Jet.com/Walmart, experiencing firsthand how slow and expensive traditional content production can be. She’s building the platform she wished she had.  CTO Malavika Reddy brings over a decade of AI and computer vision experience, building and scaling machine learning systems.

The funding will accelerate product development and go-to-market efforts as enterprise demand grows.

Media Contact: [email protected]

SOURCE Flock AI

Turnstile Launches with $29M to Bring AI-First Quote-to-Cash to Growing B2B SaaS Companies

New platform delivers enterprise-grade revenue automation without the complexity

SAN FRANCISCO, Feb. 5, 2026 — Turnstile today launched its quote-to-cash platform for sales-led startups with $29 million in funding from First Round, OMERS Ventures, Illuminate Financial, and a number of prominent angel investors.

When SaaS first emerged, it was built around a simple per-seat model: swipe a card, add users, and pay the bill. Easy. But modern SaaS has become far more complex. Today companies sell usage, tiers, bundles, pilots, ramps, and mid-cycle upgrades — with terms often heavily negotiated. Yet the operational infrastructure to manage this complexity hasn’t kept pace.

The cracks appear the moment the deal is signed. What follows is a scramble: the billing spreadsheet gets a new row, the CRM gets a manual update, and the finance team pieces together a billing schedule from the contract PDF—setting calendar reminders to handle the ramp that kicks in at month six or the pricing change in year two. The same information gets entered into multiple systems by multiple people. Amendments are made mid-contract. Things fall out of sync. Invoices go out wrong. Revenue reporting becomes a monthly reconciliation exercise.

Turnstile was built to close this gap for sales-led startups—and to do it in a radically different way. Legacy quote-to-cash platforms require 3-6 month implementations, dedicated administrators, and six-figure contracts. Turnstile flips that model entirely. It is the first self-service quote-to-cash platform: startups can sign up, connect their CRM, and generate their first quote in minutes—not months. Turnstile uses AI to transform deal terms into structured data—whether entered directly or extracted from existing contracts—and automates everything downstream: invoicing, subscription management, revenue recognition, and reporting.  No consultants. No IT projects. No waiting.

“Quote-to-cash has been broken for a long time—startups either cobble together spreadsheets and disconnected tools, or they’re forced into enterprise platforms that take months to implement,” said Jordan Zamir, CEO and co-founder of Turnstile.  “We built Turnstile to be a third option: enterprise-grade infrastructure that any startup can set up in an afternoon. Structure the deal however the customer needs, and let everything downstream—billing, reporting, renewals—just work. And for companies with existing contracts, our AI can ingest those documents and turn years of commercial history into structured data in minutes.”

Built for How Deals Actually Work

In sales-led businesses, negotiation is the norm, not the exception. Turnstile starts at quoting because it’s where quote-to-cash breaks first: non-standard terms get captured as unstructured data in documents, then re-keyed across systems, often inconsistently or with human-introduced errors.

Turnstile manages the full revenue lifecycle in one integrated quote-to-cash platform with four core modules:

  • Quoting: Drag-and-drop quote building that combines the ease of a Google Doc with structured data—so flexible deals still automate downstream. Teams can quote from standardized plans or create fully custom quotes—with all deals living in the same system rather than a spreadsheet.
  • Subscription Management: Real-time visibility into subscriptions, amendments, and renewals—so every change stays in sync for invoicing and reporting.
  • Billing: Automatically generates accurate invoices from accepted quotes and changes—supporting flexible schedules and usage-based billing without manual work.
  • Financial Reporting: Centralizes subscription and billing data to automate revenue recognition and deliver real-time metrics like ARR, bookings, and AR aging with drill-down visibility.

Turnstile serves as the single source of truth for what a customer agreed to, keeping deal terms consistent as they flow from quote to billing and reporting. When terms change—mid-cycle amendments, added seats, discounts, usage adjustments—teams select an effective date and Turnstile automatically recalculates invoices and updates reporting. No manual fixes. No reconciliation.

Early Customer Momentum

Turnstile’s approach is resonating with fast-moving teams that need to close deals quickly while staying operationally clean. Early customers include Crafting, Reform, Brellium, Trayd, and atronous.ai.

“We work with fast-moving engineering teams shipping AI-generated code at scale—speed is everything, Turnstile lets us move as fast as our customers do. No friction, no back-and-forth on quotes, even with our six-figure contracts. It just works,” says Sumeet Vaidya, CEO of Crafting.

Funding and What’s Next

The Series A will accelerate Turnstile’s product roadmap and go-to-market expansion. That includes agentic dunning to automate collections, agentic approvals to keep deals moving without bottlenecks, and a chat interface that lets teams manage revenue operations conversationally. Turnstile will also deepen its AI to ingest existing contracts and turn years of commercial history into structured data in minutes.

“Quote-to-cash has been an under-the-radar pain point for startups for several years now. Founders and finance leaders are either managing deals in spreadsheets or buying enterprise software that takes six months to implement. Turnstile is the first platform that’s tailored to how growing companies actually sell, capable of handling complex deals without the complex setup,” said Todd Jackson, Partner at First Round Capital.

“AI is accelerating how software is priced and sold, and static revenue systems just can’t keep up,” said Laura Lenz, Managing Partner at OMERS Ventures. “Turnstile is building the system of record for modern commercial terms, so founders can evolve pricing models over time while keeping revenue infrastructure flexible, durable, and out of the way.”

“Quote-to-cash complexity compounds as companies grow—and AI-driven pricing models are accelerating that complexity even further,” said Alex Gheorghe, Investor at Illuminate Financial. Turnstile brings structure to real-world dealmaking and unlocks automation across billing and reporting, without taking flexibility away from the business.”

About Turnstile

Turnstile automates quote-to-cash for sales-led companies no matter how they price. By creating a structured system of record for commercial terms, Turnstile powers quoting, subscription management, billing, and financial reporting, helping teams stay lean, get paid faster, and scale with confidence. For more information, visit: https://turnstile.ai/

SOURCE Turnstile

Sonorous Neurovascular Receives FDA Breakthrough Device Designation for BosSTENT™, First Braided Self-Expanding Cerebral Venous Stent, to Treat Debilitating Pulsatile Tinnitus

LAKE FOREST, Calif., Feb. 5, 2026Sonorous Neurovascular, a pioneering medical device company dedicated to advancing neurovascular therapies, today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Device Designation to the BosSTENT™ device.  

The FDA’s Breakthrough Devices Program aims to provide patients and healthcare providers with more timely access to innovative medical devices that have the potential to provide more effective treatment or diagnosis of life-threatening or irreversibly debilitating diseases or conditions.

Symptomatic venous sinus stenosis is a primary contributor to debilitating pulsatile (pulse-synchronous) tinnitus. Current treatment options remain limited for many patients. The BosSTENT™, a purpose-built braided, self-expanding stent, delivers an optimized solution through its proprietary design —featuring optimal radiopacity, enhanced visibility, resheathability for precise deployment, and excellent conformability in complex anatomy.

“This FDA Breakthrough Device Designation is a major milestone for Sonorous Neurovascular and, most importantly, for the patients suffering from debilitating pulsatile tinnitus,” said Joel Harris, President, Sonorous Neurovascular. “The BosSTENT™ represents years of focused innovation to deliver an on-label, minimally invasive solution that normalizes venous hemodynamics and has the potential to dramatically improve quality of life for individuals with pulsatile tinnitus. We are grateful for the FDA’s recognition and look forward to collaborating closely under this program to accelerate access to treating patients.”

The designation follows promising early clinical experience, including first-in-human uses and ongoing studies evaluating the safety and performance of the BosSTENT™ in treating pulse-synchronous tinnitus and other symptoms of venous sinus stenosis.

Sonorous Neurovascular is advancing clinical trials and regulatory pathways to bring the BosSTENT™ to patients in the United States and beyond.

About Pulsatile (pulse-synchronous) Tinnitus

Pulsatile (pulse-synchronous) tinnitus is a form of tinnitus characterized by a rhythmic whooshing, thumping, or pulsing sound in one or both ears that synchronizes with the individual’s heartbeat. The condition often stems from identifiable vascular or circulatory issues, such as turbulent blood flow near the ear caused by cerebral venous sinus abnormalities.

About Sonorous Neurovascular

Sonorous Neurovascular is a clinical-stage medical device company focused on developing transformative solutions for cerebral venous diseases. The company’s flagship BosSTENT™ is designed to address symptomatic cerebral venous sinus stenosis, offering hope to patients with debilitating pulsatile tinnitus. Headquartered in Lake Forest, California, USA, Sonorous Neurovascular is committed to innovation that improves patient outcomes through minimally invasive technologies and diagnostics to enhance patient care.

Contact Information:
James D. Nonato
Sonorous Neurovascular
Email: [email protected]
Phone: +1 (949) 810 0055
https://www.sonorousnv.com/ 

SOURCE Sonorous Neurovascular

FinTech, Advance, Raises $8.55M to Turn Insurance Payments into Revenue

NEW YORK, Feb. 5, 2026Advance, a financial platform built for insurance that reduces operational friction while ensuring premium dollars are controlled and earning, today announced it has raised $8.55 million in seed funding to modernize how insurance intermediaries manage and move money.

The round was led by nvp Capital, with participation from Crystal Ventures, Vesey Ventures, and Mensch Capital, alongside strategic angels including Assaf Wand, former CEO and founder of Hippo Insurance. The seed round follows Advance’s pre-seed financing and includes participation from insurance-aligned strategic investors.

Insurance intermediaries—including managing general agents (MGAs), wholesalers, and scaled agencies—handle some of the most complex money movement in financial services. Premium dollars must be collected, segregated, reconciled, and remitted across multiple parties, all while maintaining strict compliance and auditability in support of their fiduciary responsibilities Yet most firms still rely on legacy banks, generic payment tools, and manual spreadsheet workflows with no common language to manage these processes.

“Advance is the GPS for insurance payments.” said Omer Rimoch, founder and CEO of Advance. “By combining purpose-built financial infrastructure with AI, we make sure every dollar is tracked, contextualized, and optimized in real time. When finance is fully automated, money doesn’t get lost — it generates value.

Advance provides bank-supported payments and account infrastructure purpose-built for the nuances and complexities of insurance. By automating the flow from payment collection to insurance intermediary trust accounts, carrier remittance, and producer commissions, Advance helps firms eliminate manual reconciliation, shorten payment cycles, and support operational and compliance requirements associated with premium handling. The platform also enables intermediaries to earn yield on idle premium balances, wherever applicable—turning a historically passive requirement into a financial advantage.

“Advance unlocked yield on premium funds we hold in trust that previously generated no return,” said Alex Bargmann, CEO at Pathpoint Insurance. “Its intuitive platform makes managing our premium trust accounts straightforward while replacing manual work with a structured process and increasing visibility into our funds flow.”

“Advance understands that insurance money is different,” said Vaughn Crowe, Partner at NVP Capital. “Most solutions treat the symptoms with point tools and workarounds. Advance goes deeper—solving the underlying infrastructure problem with a platform built to support our insurance intermediaries with fiduciary responsibilities, operational scale, and regulatory reality.”

The new funding will support product expansion, go-to-market growth with MGAs, wholesalers, and high-volume agencies that face increasing pressure from premium volume, audit scrutiny, and operational complexity.

“Insurance has some of the most complex money movement in financial services, yet it’s still supported by infrastructure that was never designed for how premium dollars actually flow,” said Jonathan Crystal, Managing Partner at Crystal Ventures. “Advance isn’t adding another layer of tooling—they’re fixing the underlying economics by giving insurance operators a better way to manage premium funds, reduce friction, and turn a required process into a source of value.”

About Advance

Advance is a financial platform built for insurance that helps MGAs, wholesalers, and high-volume agencies modernize how premium money moves. Designed around the complexity of fiduciary insurance funds, Advance reduces operational friction while ensuring premium dollars are controlled, auditable, and earning—turning required financial operations into a source of efficiency and revenue. Headquartered in New York, Advance is backed by leading fintech and insurance-focused investors. For more information, visit advancehq.com

Media contact:

Shannon Curran, Fractional CMO, [email protected]

SOURCE Advance

Morpheus Space Secures a $15 Million Strategic Investment to Accelerate Mass-Production Expansion

DRESDEN, Germany, Feb. 5, 2026 — Morpheus Space, a leading innovator and manufacturer of advanced electric propulsion systems for in-space mobility, today announced a new strategic investment by Alpine Space Ventures and the European Investment Fund, with continued support from Lavrock Ventures, Morpheus Ventures, Pallas Ventures, Vsquared Ventures, as well as other new and existing investors, to fuel the company’s next phase of growth and innovation.

Morpheus Space will deploy the funding to expand its mass-production capabilities and team, advancing the development of its next-generation mobility products. The enhanced production capacity at its Reloaded Facility in Dresden will further enable the company to support its customer base with reliable, rapidly deployable propulsion systems for large-scale satellite constellations.

“We’re excited to deepen our partnership with Alpine Space Ventures and work with the European Investment Fund, alongside support from existing investors, as we scale to meet accelerating global demand,” said Kevin Lausten, CEO of Morpheus Space. “This investment enables us to industrialize our GO-2 electric propulsion systems and deliver at a pace and efficiency that matches the growth of the space economy, while continuing to advance the technology that defines our leadership in the market.”

 “The space industry is at a crossroads. Growing orbital congestion and the race for dominance in orbit are making maneuverability a strategic necessity. What’s needed now are scalable, cost-efficient propulsion systems designed for dynamic space operations. Morpheus Space is uniquely positioned to meet this demand and solve one of the sector’s most urgent bottlenecks.” –  Bulent Altan, Alpine Space Ventures.

Morpheus is building the manufacturing depth and technical capability required to support the next generation of space missions. This investment will accelerate production scale and product development as the company continues to expand its support for commercial and government customers worldwide.

About Morpheus Space

Morpheus Space is a leading provider of electric propulsion systems enabling agile and resilient satellite operations in today’s congested, contested, and competitive space environment. The company delivers space-proven, scalable propulsion from its development and production facilities in Dresden, Germany, with additional operations in El Segundo, California.

To learn more about Morpheus Space visit: www.morpheus.space.

SOURCE Morpheus Space