Monthly Archives: February 2026

YVL Capital Partners Officially Launches in Dubai Following Strong Pre-Launch Momentum Across MENA and Global Tech Hubs

Global ecosystem alliances position YVL as an AI-native venture platform launching category-defining companies from the UAE to the world

DUBAI, UAE, Feb. 25, 2026YVL Capital Partners, an AI-native venture capital firm and studio, today announced its official launch following a series of high-profile ecosystem partnerships and international engagements across the Middle East and global innovation hubs. YVL operates a hybrid venture fund and studio model, combining early-stage investment with hands-on venture building and shared AI-native execution infrastructure. The firm focuses on pre-seed to Series A companies across AI-enabled infrastructure, autonomous systems, and mission-critical industries.

“YVL Capital Partners was built on the belief that early-stage founders need more than capital — they need execution, operators, and infrastructure from day one,” said Matthew Buckingham, CEO & Managing Partner of YVL Capital Partners. “What we’ve achieved before our official launch reflects the kind of hands-on, ecosystem-driven platform we are building.”

Strategic Partnerships and Ecosystem Engagement

YVL established early momentum through strategic collaborations and on-the-ground participation at major global and regional innovation events, underscoring its ambition to build and back AI-native, operator-led companies across MENA and beyond.

  • Ignyte by DIFC, The global start-up ecosystem, established a new collaboration with YVL on 19 January during Ignyte Demo Day. Building on that engagement, YVL hosted a full-day mentorship and training programme and will continue working with Ignyte on additional founder-focused initiatives in the months ahead, to develop the next generation of UAE start-ups and leaders, directly supporting the nation’s vision of building a knowledge-based economy and fostering a thriving entrepreneurial ecosystem.
  • World Economic Forum: YVL’s founders made an on-site impact in Davos, engaging with global investors, operators, and policymakers to position MENA-based AI ventures within the international innovation ecosystem.
  • STEP Dubai: YVL showcased its vision at one of MENA’s largest tech and start-up festivals, where the team engaged with founders, investors, and ecosystem leaders.
  • Regional Hyperscaler Partnership: YVL has entered into an agreement with a leading regional hyperscale cloud provider to anchor our UAE venture studio, including a minimum $100,000 allocation in cloud credits to support each studio company’s core infrastructure and AI-ready workloads. This partnership is designed to give portfolio and studio ventures access to enterprise-grade cloud tooling, scalable compute, and technical enablement from day one.

AI-Native Execution Through a 24/7 AI Workforce

At the core of YVL’s model is an AI-native operating layer powered by Nexa Staff, which provides portfolio and studio companies with access to a 24/7 AI workforce supporting growth, operations, and product development.

This shared execution infrastructure allows YVL-backed companies to operate with the output of significantly larger teams while reducing early-stage operational burn by 40–50%, extending runway and accelerating time-to-market.

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About YVL Capital Partners

YVL Capital Partners is an AI-native venture capital firm and studio focused on building and backing early-stage, operator-led companies. By combining capital, hands-on operators, and a shared AI operating system, YVL helps founders build faster, more capital-efficient businesses with global ambition. Headquartered in Dubai, YVL operates across MENA, Europe, and North America, leveraging the region’s growing role as a global hub for AI innovation.

For more information, visit www.yvlcapital.com

Media Contact: Cristelle Basmaji, YVL Capital Partners, [email protected]

Koah Raises $20.5M Series A Led by Theory Ventures to Scale AI-Native Monetization

“Generative AI has changed how people consume information, and monetization must evolve alongside it,” said Nic Baird, Koah’s Co-Founder and CEO. “Subscriptions models alone don’t scale given high inference costs, and legacy ad models erode user experience. At Koah, we’re designing monetization infrastructure specifically for AI that’s additive for end users and revenue-driving for developers.”

Koah’s lightweight SDK installs in minutes, enabling native monetization directly inside generative AI experiences. Serving performant advertising from premium brands, Koah has already driven monetization for high-engagement AI apps such as Liner, Viro, and Sup AI.

“We’re seeing users research, compare, and form brand preferences directly inside AI tools,” said Luke Kim, CEO of Liner, the AI search app used by more than 10 million students, academics, and researchers globally. “Koah lets developers monetize those moments responsibly—without compromising trust.”

Over the past 12 months, Koah’s ecosystem has scaled to more than 2 million monthly active users engaging with conversational AI 3x per day. Koah has already served more than 35 million native ad impressions across 175 million queries.

“Koah found a way to deliver AI-native ads that our user community actively welcomes,” said Nick Arbuckle, Founder of the sustainability-focused AI App Viro.

For advertisers, Koah unlocks a new advertising channel offering rich intent. Advertisers engage users through real-time conversational context, aligning their products and expertise with what people are actively researching and deciding.

“AI apps represent a new interface layer for the internet, and they require monetization infrastructure designed for that reality,” said Tomasz Tunguz, GP at Theory Ventures. “We partnered with Koah because of their team and how they’re building that layer to align incentives across developers, advertisers, and users.”

Koah is introducing analytics tools to track user engagement and ad performance inside AI search and chat, alongside new context-rich ad formats built specifically for generative environments. The new capital brings Koah’s total funding to more than $26 million and will accelerate engineering hiring and go-to-market expansion as the company builds out its full technology stack for AI monetization.

To learn more about Koah and request access, please visit:
koahlabs.com/theory-ventures-partnership.

About Koah

Koah is the native monetization platform for generative AI. The “AdSense for AI,” Koah helps developers monetize high-intent conversations using native, contextual advertising embedded directly within AI chat experiences. Backed by Theory Ventures, Forerunner, and South Park Commons, Koah works with leading AI apps and global advertisers to power monetization that preserves user experience and delivers performance.

Media Contact:
Cameron Ruby
[email protected] 

SOURCE Koah

Kris@Work raises $3M seed funding led by Infoedge Ventures to build the new AI-native GTM execution platform

SAN FRANCISCO, Feb. 24, 2026 — Kris@Work, the AI-native Go-To-Market (GTM) execution platform for enterprise revenue teams, has raised $3.0 Million in seed funding led by Infoedge Ventures, with participation from JN Capital & Growth Advisory (Singapore) and several angel investors.

Kris@Work is a new system of work and system of insights for revenue teams. Designed as a work companion that reduces dependency on multiple point tools across sales, customer success, services, support, and revenue operations. Founded by experienced SaaS professionals, Kris@Work was conceived as a single unified platform for GTM teams. The founding team includes co-founders Arun Singh and Ramakrishna Mallya, with product leadership from Ananta Joshi (Chief Product Officer).

The company moved from the first line of code to its first enterprise contract in under seven months, signalling demand for AI-native execution platforms. Kris@Work operates in a rapidly evolving category of enterprise AI platforms for GTM and revenue execution, alongside a new generation of global players rethinking how sales, marketing, and customer success teams operate in an AI-first world.

The company plans to use the capital to expand its enterprise customer base, strengthen go-to-market partnerships, and complete development across four phases of the platform, prioritising deeper automation, multi-agent orchestration, and enterprise-scale deployments.

“Over the past few years, the challenges of managing multiple disjointed SaaS tools have become evident. Removing this fragmentation needs a new system-of-work and system-of-insights for teams to move faster. Today, it’s possible to run operations on agentic architecture, solving for siloed data. We’ve seen first-hand the impact on business performance and team productivity. SaaS is converging, and a work companion is the right solution,” said Arun Singh, CEO & Co-Founder, Kris@Work.

“Sales and Revenue teams today are overwhelmed by a proliferation of disconnected point solutions, leading to legacy SaaS fatigue and a measurable decline in productivity,” said Kitty Agarwal, Partner at InfoEdge Ventures. “As large language models mature, we believe the market is at an inflection point where unified, intelligent platforms with AI co-pilots can replace fragmented workflows. Kris@Work’s vision of becoming a one-stop operating system for Revenue teams, automating repetitive work and enabling teams to focus on higher-value, creative outcomes, is the need of the hour. The team’s strong AI-first product approach positions them well to lead the next generation of integrated AI-first platforms for enterprises” 

“SaaS is at a new inflection point. Agentic architectures and context-aware AI are making platforms smarter and more unified. What once required multiple tools can now be achieved through a single platform, faster and with better results,” said Ramakrishna Mallya, CTO & Co-Founder, Kris@Work.

“A single platform is only half the solution. True outcomes come from pairing it with an intuitive user experience and real-time AI intelligence. Converging everything at work into a single intelligent window is how we see the future of work,” said Ananta Joshi, Chief Product Officer, Kris@Work.

Powered by a combination of agentic architecture and contextual AI, Kris delivers a single platform for GTM teams, unifying lead identification to deal close to account expansion with contextual AI that drives real-time insights & guidance, automating every step, while keeping governance tight. Over the next three years, Kris@Work plans to expand this execution layer to additional enterprise functions using the same AI-native framework. The platform is currently being adopted across Technology, Financial Services, Telecom, and Automotive.

Photo: https://mma.prnewswire.com/media/2919203/Kris_Work_Team.jpg

SOURCE Kris@Work

Myrias Optics Announces $2.1 Million Seed 1 Financing to Accelerate Commercialization of Wafer-Level Metaoptics

AMHERST, Mass., Feb. 24, 2026 — Myrias Optics, a world leader in wafer-level metaoptics and diffractive optical technologies, today announced the closing of a $2.1 million Seed 1 financing round in January 2026. The round was led by MassVentures, with participation from existing investors Hoss Investment Inc., Maroon Venture Partners, and Tenon Venture Partners, as well as new investors Mill Town Capital, TiE Boston Angels, and Doug Crane.

This financing builds on the company’s previously announced $3.3 million seed round completed in December 2023, led by Asia Optical, and complements a $1.5 million National Science Foundation Direct-to-Phase II award. With $6.9 million secured to date, Myrias is advancing commercialization of its proprietary all-inorganic additive nanoimprint platform and expanding production capacity to meet growing customer demand. The company serves customers in augmented reality, AI data centers, consumer electronics, industrial, and medical markets—applications that require durable, high-performance optical components manufactured with precision, repeatability, and cost efficiency.

Across these markets, system designers face a common bottleneck: producing advanced optical components that combine high optical performance, environmental stability, and scalable manufacturing economics. Myrias addresses this challenge through a wafer-level additive nanoimprinting approach that enables thermally stable, all-inorganic optical components produced with high repeatability and significantly lower cost than conventional semiconductor-based processing. In augmented reality systems, for example, the company’s industry-leading refractive index for imprinted waveguides enables higher view angles while maintaining manufacturability at scale. In AI data center environments, similar material and manufacturing advantages support improved optical coupling efficiency, alignment tolerance, and thermal robustness for high-speed optical interconnects. These performance and scalability benefits extend across consumer, industrial, and medical imaging platforms, positioning Myrias as a foundational infrastructure supplier for next-generation optical systems.

Proceeds from the Seed 1 round will support manufacturing scale-up, expansion of pilot production lines, and continued execution of active customer programs. Myrias is currently engaged with strategic partners and Tier 1 supply chain participants to integrate its waveguide and metaoptic solutions into commercial AR, AI photonics, and advanced imaging platforms.

“This round reflects validation of both our technology and our execution roadmap,” said John Fijol, CEO of Myrias Optics. “Our focus is on delivering production-ready inorganic metaoptics that solve real manufacturing bottlenecks across multiple optical markets. We are seeing strong engagement from customers seeking scalable, cost-effective solutions capable of meeting next-generation performance requirements.”

“Traditional polymer-based optical manufacturing presents limitations in durability, thermal stability, and long-term reliability,” added Myrias Optics Founder Jim Watkins, professor of Polymer Science and Engineering at University of Massachusetts Amherst. “By combining advanced metasurface design with robust inorganic materials and additive wafer-level processing, we are enabling optical components that meet the performance and supply chain demands of emerging AR, AI, and advanced imaging markets.”

“Myrias Optics has the potential to become a category-defining technology platform for the next generation of optical devices. Its ability to manufacture high-performance, high-value components through an exceptionally efficient and cost-effective process — rooted in discoveries from Dr. Watkins’ lab at UMass — strongly aligns with MassVentures’ mission to support high-potential academic spinouts throughout the Commonwealth,” said Myron Kassaraba, Vice President at MassVentures, who led the investment and will join the company’s Board of Directors.

Myrias Optics focuses on metaoptics, diffractive optics, and AR waveguides, delivering wafer-level optical solutions that integrate advanced nanostructures with cost-efficient, high-throughput manufacturing. The company’s proprietary all-inorganic nanoimprinting technology enables precision optical components with industry-leading material performance, strong yield characteristics, and a clear path to production-scale deployment.

For more information: https://myriasoptics.com/
Contact: [email protected]

SOURCE Myrias Optics

Updata Partners Closes $875 Million Software Growth Equity Fund

WASHINGTON, Feb. 24, 2026 — Updata Partners (“Updata”), a Washington, D.C.–based growth equity investment firm focused on capital-efficient B2B software companies, today announced the final close of Updata Partners VIII, L.P. (“Updata VIII”), with aggregate capital commitments of $875 million. The fund exceeded the target and was meaningfully oversubscribed, reaching the hard cap in just six months and reflecting strong demand from both longstanding and new limited partners. Updata VIII represents the largest fund raised by the firm to date, and together with prior funds and co-investments, Updata has raised more than $3.0 billion in capital commitments.

Founded by operators from the software industry, Updata brings decades of operating and investment experience to portfolio companies. The firm’s hands-on approach will continue with Updata VIII as the team partners with high-performing, capital-efficient software businesses. Updata’s growing Value Creation team works shoulder-to-shoulder with founders and leadership teams, focusing on repeatable portfolio services such as team buildout, product and technology leadership, and go-to-market execution.

“We are incredibly grateful for the strong support from our limited partners,” said Carter Griffin, General Partner. “The pace and outcome of this fundraise reflect the trust built over many years. We look forward to partnering with both longstanding investors and new LPs in Updata VIII.”

“With Updata VIII, we remain focused on backing software companies with strong fundamentals and dynamic growth profiles,” said Jon Seeber, General Partner. “AI is accelerating the formation of high-growth, lightly capitalized businesses, and we are excited to support the entrepreneurs building the next generation of market leaders.”

Updata makes both majority and minority investments, committing between $20 and $200 million per company. The firm seeks to serve as the first institutional capital investor and focuses on high-growth opportunities outside Silicon Valley.

Gunderson Dettmer served as legal counsel, and UBS Private Funds Group acted as placement agent.

About Updata Partners

Updata Partners is a leading technology-focused growth equity firm in Washington D.C. with over $3.0 billion in committed capital. Led by an investment team averaging more than 25 years of technology experience, Updata invests in high-growth B2B software and software-driven businesses where the combination of capital and operating experience will help accelerate success. For more information, visit www.updata.com.

SOURCE Updata Partners

Swan Raises $6M to Build the First ‘Autonomous Business’

Targeting $10M in Revenue Per Employee

BOSTON, Feb. 24, 2026 —  Most startups raise capital to hire. Swan just raised $6 million to prove it doesn’t need to.

The round, led by Link Ventures with participation from Fresh Fund, Collider and Gandel Invest, backs a simple thesis: modern companies don’t need more headcount, they need to redesign where execution lives.

Just as Lovable and Base44 democratized software engineering for non-developers, Swan is democratizing GTM engineering for revenue teams. The approach: apply coding agent technology to go-to-market systems, removing the technical burden that has quietly turned revenue leaders into accidental engineers.

“We don’t think the next competitive edge is hiring faster,” said Amos Bar-Joseph, Swan’s co-founder and CEO. “It’s relocating engineering burden into systems. Swan is built to scale with intelligence, not headcount.”

Boaz Fachler, Partner at Link Ventures: “Swan isn’t layering automation on top of traditional structures, they’re rethinking company architecture itself.”

0 to 200 Customers with Three Employees

Swan grew from zero to more than 200 customers in 2025 with a three-person team. While most AI companies expand rapidly post-funding, Swan is deliberately constraining hiring.

The company believes revenue per employee, not valuation, will define AI-era companies.

The AI GTM Engineer

Most AI tools try to replace human sellers. Swan focuses on something else: the engineering work that’s turned revenue teams into engineers.

Swan separates human execution (judgment, prioritization, accountability) from engineering burden (maintenance, orchestration, technical upkeep). Its AI GTM Engineer carries the latter.

The Bigger Bet

Swan sees go-to-market as the first proving ground. If systems can carry execution reliably, hiring becomes a strategic choice, not a structural necessity.

“The question isn’t whether AI can do more,” Bar-Joseph said. “It’s whether you’re building a company that needs less.”

About Swan

Swan is building the first autonomous business. Its AI GTM Engineer absorbs technical complexity so revenue teams can focus on strategy and decisions.

More information: getswan.com

SOURCE Swan AI, Inc

Jampack AI Raises $3.2M Seed Round to Automate Wholesale Operations for CPG Brands

Already processing over $500M in annualized wholesale volume, Jampack AI uses agentic workflows to eliminate the operational complexity of wholesale distribution

BROOKLYN, N.Y., Feb. 24, 2026 — Jampack AI, the agentic platform automating wholesale operations for consumer packaged goods (CPG) brands, today announced it has raised $3.2 million in seed funding. The round was led by Maveron, with participation from Timber Grove Ventures and a group of notable industry angels.

The funding will be used to advance Jampack AI’s suite of agentic workflows designed to run complex supply chain processes end-to-end for CPG brands distributing into wholesale channels – from purchase order processing and truckload scheduling to invoicing and everything in between.

Since publicly launching just five months ago, Jampack AI is already processing more than $500 million in annualized wholesale volume. The platform is trusted by some of the fastest-growing brands in CPG, including Fishwife, Immi, and Path Water.

For most CPG brands, wholesale operations remain painstakingly manual. A single purchase order can require toggling between ten or more disconnected tools – from EDI platforms and freight brokers to invoicing software and distributor portals. The result is wasted time, costly errors, and an operational burden that scales with every new retail door.

Jampack AI Co-founder and CEO Matteo Rossant experienced these pain points firsthand while running logistics and sales operations at N!CK’S, one of the fastest-growing CPG brands at the time, where he helped scale the business from zero to $40 million in sales in under 18 months. That front-row seat to the operational chaos of rapid growth – messy spreadsheets, endless email threads, and legacy systems that don’t talk to each other – became the catalyst for Jampack AI.

“I watched brands lose entire days to work that should take minutes – copying data between systems, chasing carriers, reconciling invoices by hand,” said Matteo Rossant. “Our agents handle all of that – without ripping and replacing the systems brands already rely on. Whether it’s an early-stage brand running on spreadsheets or a Fortune 500 company with a robust ERP, our platform meets them where they are.”

Early results reflect the scale of the opportunity: brands using Jampack AI save at least 20 hours per week on manual operational work, reduce freight costs by 15%, and experience 50X faster order-to-invoice cycles – all while cutting down on fees, chargebacks, and costly errors that eat into margins.

“Jampack didn’t just save us time – it fundamentally changed how we operate. We scaled from 50 to 3,500 retail store doors, and our fulfillment efficiency and accuracy improved along the way,” said Tony Davis, Founder and CEO of Bakeful. “In 10 years in this industry, I haven’t seen a tool or platform deliver this kind of impact. It’s the best investment we’ve made to help manage our supply chain operations.”

Maveron, the venture capital firm co-founded by Starbucks founder Howard Schultz and known for its deep expertise in consumer-facing businesses, led the round.

“What sets Jampack apart is the rare combination of deep operational expertise and an elegant technical approach,” said Natalie Dillon, Partner at Maveron. “Wholesale is one of the most complex parts of operating a consumer brand, and I’ve seen how much it can shape a brand’s trajectory throughout my career. Jampack AI’s deep customer love in such a challenging category, combined with the product’s transformational impact, makes it clear that this team will quietly power breakout brands of the next generation.”

With this new funding, Jampack AI plans to expand its engineering team, deepen integrations across the CPG ecosystem, and accelerate its mission to make wholesale operations effortless for every consumer brand.

About Jampack AI

Jampack AI is an agentic platform that automates wholesale operations for CPG brands distributing into wholesale channels. By replacing fragmented, manual workflows with intelligent end-to-end automation, Jampack AI enables brands to process purchase orders, coordinate logistics, and manage invoicing without the operational overhead. Co-founded by Matteo Rossant and Rezi Tsulukidze, the company serves some of the most exciting emerging consumer brands in the country.

Media Contact

Jampack AI
90 Clermont Avenue, Brooklyn, NY 11205
[email protected]
jampack.ai

SOURCE Jampack AI

EMED Subsidiary Closes $8 Million Equity Financing

Funding to Advance Product Innovation and Organizational Scale

NEW YORK, Feb. 24, 2026 — Today, EMED Technologies, a global leader in drug delivery and innovative infusion therapy devices announced that its subsidiary closed a successful $8 million equity investment funding round led by a multibillion dollar healthcare company.

The raise strengthens the Subsidiary’s balance sheet and supports the next phase of its strategic expansion. The financing reflects strong investor confidence in the Company’s technological and operating platform, execution track record, and long-term growth potential. Proceeds from the raise will be used to support organizational scale, product expansion, and broader strategic initiatives aligned with EMED’s long-term objectives in the drug delivery space.

“This capital raise represents an important milestone and reinforces the strategic value of this platform within EMED’s broader portfolio,” said Paul Lambert, Chief Executive Officer of EMED Technologies. “It positions the organization to execute its growth strategy with discipline while maintaining operational flexibility.”

As a subsidiary of EMED Technologies, the company benefits from EMED’s global leadership, institutional governance, and operational infrastructure, while continuing to operate with a focused mandate and independent execution. The subsidiary will remain closely aligned with EMED’s long-term strategy while advancing initiatives that support sustainable growth to service hundreds of thousands of patients who will benefit from EMED’s existing devices and pipeline technologies with significantly improved healthcare outcomes.

EMED’s subsidiary structure preserves focus within its core drug delivery business while siloing the ability to responsibly pursue growth opportunities that are complementary to EMED’s core drug delivery business. This approach maintains governance and operating discipline at the parent level, while allowing adjacent initiatives to develop independently without introducing risk or distraction to EMED’s established platform.

About EMED Technologies
EMED Technologies is an industry leader in the design, manufacture, and distribution of cutting-edge medical devices. Our core mission is to empower patient independence by developing patient-centric systems that improve quality of life and are designed for mid to large volume subcutaneous infusions. Since 1991 EMED Technologies has worked with patients, clinicians, and pharmaceutical companies to design, manufacture, distribute, and commercialize innovative drug delivery systems. EMED has consistently pushed the boundaries of medical technology, providing solutions that enhance patient safety, improve clinical outcomes, and simplify drug administration for both patients and healthcare professionals.

EMED Technologies focuses on medical devices for subcutaneous infusion systems. Their products are designed to deliver medications and fluids efficiently and safely to patients, particularly those requiring home care or chronic disease management. They offer several devices such as the SCIg60, Infuset, VersaRate, and others for delivering treatments like immune globulin therapy and other injectable treatments. The company’s emphasis is on patient safety, ease of use, and supporting home-based treatments. The technology developed by EMED is designed to help people who need medicine over long periods of time, especially for treatments like immune globulin therapy or other medications that need to be given slowly and consistently.

Media Contacts:
[email protected]

SOURCE EMED Technologies

Turbine Secures $25M Series B Led by Interactive Venture Partners with participation from Beiersdorf Venture Capital, Announces First Immunology Partnership with Top 10 Pharma Company

LONDON and BUDAPEST, Hungary, Feb. 24, 2026 — Turbine, a leading virtual biology company, today announced a $25 million Series B financing, an expansion of its virtual cell platform across industries and a new immunology-focused partnership with a top 10 pharma company.

The Series B round is led by Interactive Venture Partners, with participation from Beiersdorf AG and existing investors, including MSD Global Health Innovation, Accel and Mercia.

“Central and Eastern Europe has produced exceptional innovation, and Turbine stands out as one of the region’s most compelling virtual biology platforms. Our team assessed the opportunity from both a technology and life sciences perspective, and we believe the ambitious team’s unique capability to virtualize biological experiments with AI positions them to be among the global leaders embedding such technology into biopharma R&D,” said Laszlo Czirjak, Managing Partner at Interactive VP, a fund backed by the family office of Thomas Peterffy, Founder and Chairman of Interactive Brokers Group, Inc.

With the new funding, Turbine will expand its platform to virtualize new assays across discovery and translational medicine. Turbine’s lab-in-the-loop will generate additional proprietary perturbation datasets, allowing the company to fine-tune its foundational virtual cell model to novel assay and tissue types. These virtual assays are deployed through the company’s Virtual Lab, a no-code platform that integrates with pharma workflows and systems.

“At Beiersdorf Venture Capital we see clear potential in AI-driven technologies such as virtual cell models that help researchers assess how active ingredients interact with skin biology, skin conditions, and safety. Our investment in Turbine reflects our interest in deep‑tech approaches that could shape the future of skin research.” – Ascan Voswinckel (Head of Beiersdorf Venture Capital)

With the new momentum from the investment round, Turbine is expanding its oncology-focused offering in biopharma to include immunology through a newly announced collaboration with a top 10 pharma company. Per the agreement, Turbine’s virtual assays will be trained to model immune cell behavior using proprietary datasets provided by the partner. The companies aim to provide deep mechanistic insights into immune pathways to inform the identification and prioritization of novel therapeutic combinations. The collaboration will enable scientists to run virtual experiments at a massive scale and interpret in silico results in the Virtual Lab so that only high conviction hypotheses proceed to wet lab validation. 

“Combination therapies have been proven to offer patient benefit. However, given the complexity of immunological diseases and the sheer number of potential combinations, virtualization is the only way scientists can rationally explore and identify the right drug combinations, as well as which patient cohorts may benefit from them.” said Szabolcs Nagy, Co-Founder & CEO at Turbine. “We are excited to expand into immunology, as a new therapeutic area, to build an active learning loop where simulations inform the right wet lab experiments, which in turn generate data that improves the next round of predictions to ultimately identify a number of potentially successful immunology drug combinations.”

About Turbine
Turbine is virtualizing biological experiments with AI to accelerate drug discovery and improve clinical translatability. Using its foundational virtual cell model powered by its lab-in-the-loop, Turbine creates virtual copies of experimental assays. Running experiments at computational speed and scale allows researchers to test millions of ideas, beyond physical lab constraints, to understand biological drivers of disease. Working with scientists at leading biopharma like MSD (Merck & Co.), AstraZeneca and Bayer, Turbine’s virtual assays have rationalized experiments across more than 30 discovery programs. Backed by leading tech and industry investors like Accel, MSD Global Health Innovation Fund, Interactive Venture Partners and Beiersdorf, Turbine is turning biology into an engineering discipline.

For more information, visit www.turbine.ai or follow our LinkedIn page.

About Beiersdorf
Beiersdorf has stood for innovative skin care and pioneering skin research for over 140 years. The company headquartered in Hamburg, Germany, employs more than 22,000 people worldwide. In the fiscal year 2024 Beiersdorf generated sales of €9.9 billion and an operating result (EBIT excluding special factors) of €1.4 billion. Leading international brands such as NIVEA (the world’s no. 1 skin care brand*), Eucerin, La Prairie, and Hansaplast are cherished by millions of people around the world every day. Renowned brands such as Aquaphor, Coppertone, and Chantecaille complement the extensive portfolio in the Consumer Business Segment. Through its wholly owned subsidiary tesa SE, Beiersdorf is a globally leading manufacturer of technical adhesive tapes and provides self-adhesive solutions to industry, craft businesses, and consumers. Guided by the purpose ‘Care Beyond Skin’, Beiersdorf pursues an ambitious sustainability agenda with the target to achieve Net Zero emissions by 2045 and aims to champion a more inclusive society.

Additional information can be found at www.beiersdorf.com.

* Source: Euromonitor International Limited; NIVEA by umbrella brand name in the categories Body Care, Face Care, and Hand Care; in retail value terms, 2024.

About Interactive Venture Partners
Interactive Venture Partners, a US investment fund, provides capital to ambitious innovators, entrepreneurs, and founders of startups in Central Eastern Europe. With early-stage investments in companies across industries, preferring some technology-based differentiation, Interactive Venture Partners supports startups seeking to grow by gaining access to larger markets and to a broader network. Interactive Venture Partners is an affiliate of the Interactive Brokers Group of Companies, and its managed fund is supported by the Thomas Peterffy family office.

Media Contact:
[email protected] 

SOURCE Turbine