Strategic investors include EverGreen Fund – The NVIDIA Alumni Investment Network, SparkLabs Group, and other leading backers supporting the future of AI-powered space technology.

PASADENA, Calif., June 23, 2026 — Sophia Space, the company building the next generation of AI infrastructure and intelligent systems for the space economy, today announced the finalizing of a $7 million SAFE financing round, bringing the company’s total funding to $22 million to date.

The round includes participation from EverGreen – The NVIDIA Alumni Investment Network – Evergreen, SparkLabs Group, and other strategic investors who share Sophia Space’s vision of accelerating the convergence of artificial intelligence and space technologies.

The new capital will be used to expand product development, grow engineering and commercial teams, accelerate strategic partnerships, and support deployment of Sophia Space’s technology platform across government, commercial, and international markets.

“This financing marks an important milestone,”said Rob DeMillo, Founder and CEO of Sophia Space. “As initiatives like Golden Dome and proliferated satellite constellations reshape the space landscape, demand for autonomous, on-orbit computing is growing rapidly. We’re grateful for the support of investors who share our vision for the future of intelligent space infrastructure.”

The participation of EverGreen, SparkLabs, and other prominent technology-focused investors underscores growing market confidence in the transformative potential of AI-enabled space technologies and autonomous systems.

“EverGreen backs companies at the frontier of AI infrastructure, and Sophia Space is a direct expression of that mission. Building modular, AI-optimized compute for orbit isn’t an adaptation of Earth-based architecture. It’s a ground-up rethink. Our network brings deep expertise across the full AI and HPC stack, and we’ll support Sophia not just at close but through the technical and commercial milestones ahead,” said Jeff Brown, Founding Partner at EverGreen, the NVIDIA Alumni Investment Network. .  

“Sophia Space is operating at the intersection of two of the most transformative technology trends of our time: artificial intelligence and the expanding space economy,” noted Bernard Moon, Co-founder & Partner at SparkLabs Group.  “Their team has demonstrated a clear vision, strong technical execution, and a compelling strategy for building the intelligent infrastructure that future space operations will require.”

Since its founding, Sophia Space has focused on developing technologies that enable more intelligent, scalable, and autonomous operations across the rapidly expanding space economy. The company is positioned at the intersection of artificial intelligence, advanced computing, and aerospace innovation, addressing emerging opportunities in both terrestrial and orbital environments.

“We believe the future of space will be increasingly driven by intelligent systems,” added Founder and CTO Dr. Leon Alkalai. “This investment allows us to move faster, deepen our technical capabilities, and continue delivering solutions that help define the next era of space innovation.”

With total funding now reaching $22 million, Sophia Space is accelerating its roadmap while expanding its presence within the global AI and aerospace ecosystems.

About Sophia Space  

Sophia Space is building advanced AI-powered technologies and infrastructure for the emerging space economy. By combining cutting-edge artificial intelligence, autonomous systems, and aerospace innovation, the company enables organizations to operate more intelligently, efficiently, and securely across space and terrestrial environments.

SOURCE Sophia Space

TurboFlow makes sophisticated trading simple, fair, and accessible

• TurboFlow has processed $19.15B in total trading volume across 14.54k + total users
• The round is led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group (DCG)
• TurboFlow provides retail users with access to professional-grade market infrastructure through a transparent, high-liquidity platform that’s simple, fair, and accessible, built for the next generation of global traders

SINGAPORE, June 22, 2026 — TurboFlow, an on-chain trading ecosystem designed to bring institutional-grade market access to everyday users, today announced the closing of a $6 Million seed funding round led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group (DCG).

The funding will support TurboFlow’s mission to democratize access to sophisticated trading products by combining perpetual contracts and prediction markets within a single high-performance platform. Both categories are surging: according to CoinGecko Research, crypto perpetual futures volume climbed from $4.14 trillion to $7.24 trillion year-over-year by January 2026, while according to Artemis data, prediction market volumes grew nearly 4X in 2025 to $64B and are on pace to exceed $325B in 2026, with analysts projecting volumes could exceed $1.1 trillion by 2030.

The two markets are converging: perps let traders express a continuous view on an asset’s price, while prediction markets let them express a continuous view on an event’s outcome, two sides of the same underlying instinct to price uncertainty in real time. As that line between categories disappears, TurboFlow is built for exactly this shift, pairing institutional-grade infrastructure with an intuitive, consumer-focused platform that unifies both products into a single venue. The company will use the capital to expand product development, strengthen liquidity infrastructure, and accelerate global user growth.

“Our vision is simple: everyone deserves a seat at the table,” said Tony He, Founder of TurboFlow. “For too long, the best trading opportunities and infrastructure have been reserved for institutions. TurboFlow combines the simplicity consumers expect from modern apps with the liquidity, execution quality, and risk management systems traditionally available only to professional market participants. With the support of Pantera, Susquehanna Crypto, and DCG, we’re accelerating our mission to make powerful financial markets accessible to anyone, anywhere.”

TurboFlow is pioneering what it calls “high-velocity event trading” — a new approach to prediction and derivatives markets designed for speed, accessibility, and ease of use. The platform enables users to participate in markets with entry thresholds as low as $2 while benefiting from institutional-quality liquidity and pricing.

“Financial markets work best when participation is broad and access is equitable,” said Paul Veradittakit, Managing Partner at Pantera. “TurboFlow’s vision of making institutional-grade trading infrastructure available to anyone, anywhere aligns with our belief that blockchain technology can create more transparent and inclusive markets. With strong early traction and a clear product vision, we believe TurboFlow is building an important piece of the future of on-chain trading.”

Key features of the platform include:

• Fast Settlements: Optimized infrastructure designed to support short-duration event contracts and rapid capital efficiency.
• Accessible Participation: Low minimum trade sizes that reduce barriers to entry for users worldwide.
• Consumer-First Design: A streamlined trading experience that abstracts blockchain complexity while preserving transparency and self-custody principles.

TurboFlow believes the convergence of prediction markets and perpetual trading represents a significant opportunity to create more efficient, transparent, and accessible financial markets. As the platform grows, the company plans to expand partnerships across the broader digital asset ecosystem and provide developers with access to its liquidity and risk infrastructure.

“This funding represents more than capital,” added He. “It’s validation that the future of trading should be more open, more intuitive, and more accessible. We’re building the infrastructure that allows anyone—not just institutions—to participate in global markets on equal footing.”

To learn more, visit the TurboFlow website and follow them on X.

About TurboFlow
TurboFlow is an on-chain trading ecosystem at the intersection of perpetual contracts and prediction markets. Built on the belief that trading should be simple, fair, and accessible, TurboFlow provides retail users with access to professional-grade market infrastructure through a transparent, high-liquidity platform designed for the next generation of global traders.

Media Contact
[email protected]

SOURCE TurboFlow

NEW YORK, June 22, 2026 — Kudu Investment Management, LLC (Kudu), a leading provider of permanent capital solutions to asset and wealth management firms globally, and Drummond Capital Partners (Drummond), an Australian boutique manager specializing in institutional quality, active managed accounts, today announced that Kudu has made a minority investment in Drummond.

Drummond’s founders, Tom Schubert and Nick Reddaway, will remain majority owners and Drummond will continue to operate under the same leadership team, investment framework and client service model. Founded in 2017, Drummond, with offices in Melbourne, Brisbane, Sydney and Perth, manages A$6.6 billion in assets in tailored investment portfolios for financial advisors.

“We see a promising long-term opportunity in the Australian wealth management sector,” said Chris Shin, partner and co-CIO at Kudu. “Drummond is a high-quality business with a differentiated offering and coherent strategic direction. Our role is to provide long-term capital to support that vision—without altering what makes the firm successful.”

Tom Schubert, co-founder and CEO of Drummond, said, “This partnership is about strengthening what already makes Drummond different. We were very deliberate in seeking a partner whose capital is permanent, whose approach is genuinely long-term, and whose model allows us to remain fully independent. We have built a high-quality business by partnering closely with advice firms, and this investment enables us to continue investing in our team, our product suite and the broader support we provide to clients.”

About Drummond Capital Partners
Drummond is an Australian based boutique investment manager specialising in advice-led managed account solutions. Drummond partners with select advice firms to design, deliver and manage SMA portfolios that enhance investment outcomes, strengthen governance and support better client engagement. The firm was founded in 2017 with a clear objective: to bring institutional quality investment management into the wealth management sector in a way that is practical, transparent and aligned with how advice businesses operate. For more information, visit www.drummondcp.com.

About Kudu Investment Management, LLC
New York-based Kudu Investment Management provides long-term capital solutions—including generational ownership transfers, management buyouts, acquisition and growth finance, as well as liquidity for legacy partners—to independent asset and wealth managers globally. Since its founding in 2015, Kudu has invested in 34 asset and wealth managers representing US$154 billion as of March 31, 2026. Kudu is backed by capital partners White Mountains Insurance Group, Ltd. (NYSE: WTM) and MassMutual. For more information, visit www.kuduinvestment.com.

For Kudu Investment Management:

Margaret Kirch Cohen
Newton Park PR
[email protected]
+1 847-507-2229

SOURCE Kudu Investment Management, LLC

LOS ANGELES, June 22, 2026 — Global law firm Greenberg Traurig, LLP represented Apex Technologies (Apex), a manufacturer of configurable satellite bus platforms, in connection with its Series E funding round. The financing raised more than $200 million, bringing Apex’s valuation to $2.3 billion, according to its press release.

The new funds will support further vertical integration of key subsystems and fund ahead-of-need manufacturing of its satellite platforms as demand for commercial and national security constellations continues to grow. Founded in 2022, Apex is meeting the demands of a rapidly expanding space industrial base by shifting satellite manufacturing from bespoke builds to scalable infrastructure through standardized, pre-built satellite platforms.

Greenberg Traurig’s Corporate team advising Apex was led by Shareholder Daniel Wu and included Shareholder Kyle Jaep, Associate Jiwon (Jessica) Lee, and Paralegal Perky Karmire.

Lawyers in the firm’s Space & Satellite Group advise companies across an evolving space industry, leveraging a global team with deep experience in areas such as government contracts, regulatory compliance, financing, intellectual property, and dispute resolution. The team helps clients navigate complex legal, legislative, and commercial challenges in the growing space economy.

About Greenberg Traurig: Greenberg Traurig, LLP has approximately 3,100 lawyers across 51 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm’s broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI “Best of the Best Recommended Law Firm” by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: www.gtlaw.com.

SOURCE Greenberg Traurig, LLP

New funding will power foundational primary cell data generation to advance AI-driven discovery through the company’s full product launch.

MONTREAL and BOSTON, June 22, 2026 — DropGenie, a biotechnology company advancing next-generation gene editing workflows, today announced the closing of its Seed+ financing to support the launch of its first product. The round was led by Skeleton Key, with new investors Merck Global Health Innovation Fund and CQDM, and existing investors Real Ventures and Anges Québec continuing their strong support.

This funding will drive commercialization: scaling manufacturing, building commercial operations, and accelerating customer adoption. The rollout follows successful validation through DropGenie’s Early Access Program, with many major global pharma, biotech, and research customers already integrating the technology into their workflows.

DropGenie’s platform enables high-throughput, miniaturized gene editing workflows that reduce the number of cells and reagents required per experiment — lowering costs and accelerating editing turnaround time. This enables direct edits on primary patient cells, delivering more biologically relevant insights earlier in the R&D process.

“The most powerful insights in biology come from perturbations—changing one thing and watching how a living system responds. But capturing those signals with fidelity demands working at the right scale, in the right cells,” said Alison Hirukawa, CEO & Co-founder of DropGenie. “Our platform miniaturizes workflows and lowers cell requirements to enable direct editing of primary patient cells—giving researchers access to true biological readouts previously impossible to capture. This opens the door to faster, more predictive development across cell therapy, functional genomics, and beyond.”

“We find the DropGenie platform’s ability to reliably miniaturize and accelerate experimental workflows via automation to be extremely compelling,” said Ann Lai, Managing Partner of Skeleton Key. “Being able to capture every parameter variation of these complex gene editing experimental processes creates the data we need to fundamentally accelerate innovation and to better leverage AI beyond the theoretical discovery phases. This is exactly the kind of science technology Skeleton Key wants to support and see succeed.”

The Seed+ round powers DropGenie’s strategic data partnerships with customers to generate high-quality, standardized gene editing data. As industry demand grows for data infrastructure, DropGenie’s efficient process creates foundational datasets that fuel data-driven discovery in cell therapy and functional biology—producing datasets that capture true biology at scale.

About DropGenie
DropGenie advances next-generation gene editing through miniaturized, high-efficiency workflows. Based in Montreal and Boston, DropGenie enables direct edits on primary patient cells by dramatically reducing the number of cells required per experiment, delivering true biological signals and accelerating development across cell therapy, functional genomics, and AI-driven discovery. For more information on how we’re miniaturizing gene editing workflow, please visit https://dropgenie.com/

SOURCE DropGenie

• The total funding comprises US$1 million in angel investment and a US$4 million seed round. The seed financing round was led by Wavemaker Ventures, with participation by SEEDS, further supported by notable investors across the United States and Asia.
• The financing will support the continued expansion of ChemT’s AI and experimental infrastructure, which aims to make advanced medicines easier to manufacture, scale, and deliver to patients worldwide.

SINGAPORE, June 22, 2026 — ChemT Biotechnology, an AI-driven biotechnology company building the intelligence layer for biomanufacturing, has closed a US$4 million seed round led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners, with participation from co-investment partner SEEDS, an arm of SG Growth Capital, the investment platform of EDB and Enterprise Singapore. The round was further supported by notable investors across the United States and Asia, including Wavemaker 360 Health, Draper University Ventures, and Temasek Life Sciences Accelerator.

Making biologics at scale is harder than it looks. Manufacturers face long development timelines, unpredictable yields, high costs, and processes that are difficult to scale, all of which slow the delivery of treatments to patients. At the heart of the problem is that we lack precise and tunable ways to manipulate cells – the mini factories where important biologics are made. 

ChemT is taking a different approach. Unlike conventional AI drug discovery companies or lab automation tools, ChemT builds intelligence directly into the manufacturing process itself, helping companies better understand the cells behind biomanufacturing, and provides a new way to guide cell behavior for faster, more scalable, and reliable production.

At the heart of the company is CelMo™, an AI-driven Virtual Cell platform trained on billions to trillions of proprietary biological sequencing reads and validated in the lab. CelMo™ is designed to simulate how cells respond to manufacturing conditions, genetic changes, and other stresses. By tracking which biological processes inside a cell are being activated, suppressed, or rewired, from growth and metabolism to stress response and productivity, CelMo™ builds a dynamic picture of how cell states shift throughout manufacturing. Built on this foundation are practical applications: identifying target cell pathways to improve manufacturing performance, designing small molecules to guide cell behavior, and supporting cell engineering using AI.

CelMo™ is already delivering results. In CHO cells, the cell type most commonly used to manufacture antibodies and therapeutic proteins, the platform has demonstrated a 50% increase in antibody output and a 40% reduction in production timelines.

ChemT’s flagship small molecule product, Chemplify™, applies the same approach to T-cell manufacturing, a critical component of advanced cancer therapies. Chemplify™ has demonstrated 50% faster development, 3× scalability, 60% lower costs, and 10× higher cell expansion yield.

“This financing is a strong validation of our team, our technology, and our mission during a difficult funding environment for life sciences,” said Jie Sun, co-founder and CEO of ChemT Biotechnology. “Within roughly a year and half of launch, we’ve built commercial partnerships with more than 40 pharmaceutical, biotech, and CDMO companies across the globe. The future of biomanufacturing will not be won by automation alone — it will require intelligence.”

The financing will support the continued expansion of ChemT’s AI and experimental infrastructure, advancement of its AI-designed molecular products toward GMP standards and regulatory readiness, scaling of commercial partnerships, and further development of CelMo™. ChemT plans to expand the platform beyond CHO cells and T cells into other cellular systems, including stem cells, NK cells (Natural Killer cells, used in next-generation cancer immunotherapies), and HEK cells (Human Embryonic Kidney cells, widely used in gene therapy and biologics production), enabling broader intelligent control across biomanufacturing workflows.

“Our customers come to us because they are stuck – development timelines stretch for years, processes break when you try to scale them,” said Dr. Ling Wu, co-founder and President of ChemT Biotechnology. “CelMo™ is the cellular world model to understand what’s happening inside their cells and intervene intelligently. Our goal is to help make advanced medicines easier to manufacture, scale, and deliver to patients worldwide.”

“Biomanufacturing has long been constrained by structural bottlenecks, rooted in the lack of computational understanding of how cellular networks behave inside bioreactors. ChemT addresses this through precision small molecules that modulate cellular behavior — giving manufacturers a new lever for faster, cheaper, and higher-yield production with consistent quality,” said Paul Santos, Co-founder and Managing Partner of Wavemaker Partners. “We look forward to working with ChemT’s founding team, which brings together technical and commercial depth, scientific credibility, world-class bioprocess leadership, and capital efficiency — a rare combination that has already drawn early commercial partnerships from all over the world.”

About ChemT Biotechnology

ChemT Biotechnology is an AI-driven biotech company based across Singapore and the United States, building the intelligence layer for biomanufacturing. Its CelMo™ Virtual Cell platform combines AI, proprietary biological data, and wet-lab validation to better understand and guide cell behavior in biomanufacturing. 

Contact

For more information, please contact [email protected] or visit https://www.chemtbio.com/

ChemT is having an upcoming product and model launch and showcase online, to register your interest – please click here !

SOURCE ChemT Biotechnology

Final close adds AC S525, Moringa Ventures and Lotus One Investment, following AngelCentral’s member-led syndication and earlier participation from JRE VENTURES, SGInnovate and M7 Holdings

SINGAPORE, June 22, 2026 — H3 Zoom, a Singapore-based deep tech company specialising in AI-powered inspection and asset intelligence for the built environment and critical infrastructure, today announced the final close of its oversubscribed USD$3.6 million Series A funding round.

The round was led by JRE VENTURES, the corporate venture capital arm of East Japan Railway Company, with participation from SGInnovate and M7 Holdings. Following its earlier first close of USD$1.8 million, H3 Zoom subsequently secured additional investment through an AngelCentral member-led syndication via AC S525, bringing the round to USD$2.1 million. The company has now completed its final close with further participation from Moringa Ventures and Lotus One Investment, bringing total Series A funding to USD$3.6 million.

The oversubscribed round reflects growing investor confidence in H3 Zoom’s role in transforming how buildings, infrastructure and critical assets are inspected, maintained and managed. By combining AI, computer vision, proprietary vision-language models, robotics-enabled data capture and enterprise inspection workflows, H3 Zoom is helping asset owners, operators and regulators move from manual, fragmented inspection processes to scalable, traceable and data-driven asset intelligence.

The funding will support H3 Zoom’s continued expansion across Asia, with a focus on Japan, Hong Kong SAR, Singapore and Southeast Asia. It will also be used to accelerate product development, strengthen engineering capabilities, deepen enterprise go-to-market execution, and expand integrations across the building and infrastructure lifecycle.

Scaling AI-Driven Infrastructure Inspection

Founded in 2016, H3 Zoom develops AI-powered inspection and asset-intelligence software for the built environment. Its platform brings together proprietary AI models, computer vision, drones, robotics-enabled data capture and inspection workflow automation to help asset owners, developers, facility managers, contractors and infrastructure operators reduce inspection cost and time, improve safety, and make asset decisions based on structured data.

H3 Zoom’s technology has been deployed across high-rise buildings, commercial properties, institutional assets, transport-related infrastructure and public-sector environments. Its solutions support customers in moving from labor-intensive manual inspections to more consistent, standards-aligned and data-driven inspection workflows.

In April 2026, AngelCentral announced that it had facilitated a member-led syndication into H3 Zoom, highlighting the company’s traction with major industry players in Singapore, its repeat-business potential and its regional growth prospects. The syndication further strengthened H3 Zoom’s Series A round and reflected continued investor interest in startups applying AI to real-world operating challenges in infrastructure, buildings and enterprise workflows.

“This oversubscribed Series A close is a strong validation of H3 Zoom’s mission to turn building and infrastructure data into actionable intelligence,” said Shaun Koo, CEO & Founder of H3 Zoom. “We are grateful for the continued support from JRE VENTURES, SGInnovate and M7 Holdings, and for the backing from AngelCentral’s member-led syndicate via AC S525. We are also pleased to welcome Moringa Ventures and Lotus One Investment as new partners in this next phase of growth. With this capital, we will accelerate our AI roadmap, deepen enterprise integrations, and scale across key Asian markets where infrastructure safety, asset resilience and inspection productivity are becoming increasingly important.”

Strategic Support for Regional Expansion

“H3 Zoom embodies the next generation of social infrastructure transformation through the power of AI. For the JR East Group, ensuring the safe and sustainable operation of diverse assets, including railways, stations, commercial facilities and hotels, is a shared priority across our businesses. H3 Zoom’s technology directly contributes to addressing these challenges. Through this investment, we aim to accelerate H3 Zoom’s business expansion and proof-of-concept activities in the Japanese market, while exploring broader collaboration opportunities across Southeast Asia. We strongly believe that H3 Zoom’s data-driven approach to infrastructure management will play a vital role in building a safer and more sustainable society,” said Junichi Eto, Managing Director, JRE VENTURES.

“SGInnovate is committed to supporting Singapore-based deep tech startups as they scale beyond our shores. H3 Zoom is a strong example of how AI-powered innovations can address critical global challenges in infrastructure safety, resilience and sustainability. We are excited to back their journey as they expand into new markets and continue to strengthen their technological capabilities,” said Hsien-Hui Tong, Executive Director – Investments, SGInnovate.

“Shaun’s vision to transform the entire building lifecycle into a more sustainable, efficient and safer process aligns with M7’s goal to support companies and founders that create sustainable solutions for some of the world’s most pressing problems,” said Anthony Manna, Chairman, M7 Holdings.

“I was not only impressed by the concept, but most of all by the traction the company had already,” said Marnix Beugel, AngelCentral syndicate lead for H3 Zoom. “H3 Zoom has demonstrated strong customer traction, repeat-business potential and regional growth momentum, supported by a leadership team that has adapted and refined its strategy to meet real market needs.”

“H3 Zoom sits at the intersection of AI and critical infrastructure. As asset owners increasingly seek safer, more efficient and more scalable inspection solutions, we believe the company is well positioned to become a category leader in inspection intelligence,” said Zoe Yuan, Investment Director, Lotus One Investment.

“As infrastructure across the world’s-built environment ages and labor constraints intensify, asset owners are increasingly seeking technologies that improve safety, efficiency and decision-making at scale. H3 Zoom is building the intelligence layer for infrastructure by combining AI, computer vision and operational workflows that help owners unlock more value from their assets over time. At Moringa Ventures, we invest in deep technologies that provide game-changing solutions to the world’s most challenging problems, and we are excited to support H3 Zoom as it scales across the region,” said Theodora Lai, Partner & Co-Founder, Moringa Ventures.

Transforming Building Inspections in Singapore

In Singapore, H3 Zoom’s AI-powered inspection platform has supported faster, safer and more consistent façade inspections across commercial, institutional and public-sector assets.

Through drone-based data capture, AI-assisted defect analytics and standardized reporting workflows, H3 Zoom helps asset owners and operators reduce inspection time, improve report turnaround, lower operational and access costs, and reduce reliance on prolonged work-at-height activities.

The platform also supports standards-aligned reporting workflows for regulatory inspection requirements, including Singapore’s Building and Construction Authority Periodic Façade Inspection framework.

H3 Zoom’s deployment track record demonstrates how AI-powered inspection intelligence can help asset owners achieve measurable efficiency gains while supporting safer, more sustainable infrastructure management.

Looking Ahead

With the Series A round completed, H3 Zoom will accelerate software and Service-as-Software growth across Japan, Hong Kong SAR, Singapore and Southeast Asia.

The company will also fast-track its AI roadmap, including the development of its AI Engineering Co-Pilot, multimodal inspection workflows combining 360° imagery and voice notes, enterprise-grade APIs, and robotics-assisted inspection capabilities designed to help surface asset issues faster, more safely and more consistently for engineering review.

H3 Zoom’s long-term ambition is to become Asia-Pacific’s vertically integrated operating layer for inspection intelligence, enabling asset owners, engineers, contractors and facility managers to collaborate on a shared data layer where inspection data compounds over time, decisions become traceable, and maintenance actions can be converted into measurable operational outcomes.

About H3 Zoom

H3 Zoom builds AI-powered inspection and asset-intelligence software for the built environment. Since 2016, its Façade Inspector and Interior Inspector products have helped asset owners, developers, contractors and facility managers move from manual checks to data-driven, standards-aligned reporting and portfolio analytics across Singapore, Japan, Hong Kong SAR and Southeast Asia.

H3 Zoom helps reduce inspection cost and time while improving safety, compliance and operational visibility.

Connect with us at: https://www.h3zoom.ai

About JRE VENTURES

JRE VENTURES is the corporate venture capital arm of East Japan Railway Company, JR East. Headquartered in Singapore, the firm drives startup investments and business co-creation across Asia. Leveraging JR East Group’s extensive assets, including railway networks, station spaces, commercial facilities and digital platforms, JRE VENTURES partners with innovative startups to create new value and business opportunities.

Connect with us at: https://jreventures.com/

About SGInnovate

SGInnovate is a deep tech ecosystem builder and investor backed by the Singapore Government. Its expertise and approach combine investments, talent development and community-building to catalyse the translation of emerging technologies into tomorrow’s opportunities. Through its Deep Tech Central platform, SGInnovate connects individuals, founders and companies to specialised resources and opportunities across technological domains and stages of growth.

Connect with us at: https://www.sginnovate.com

About M7 Holdings

M7 Holdings, LLC is a family investment office based in Akron, Ohio, United States. Through its venture capital arm, M7 Ace Neo, M7 focuses on early-stage investments across agricultural technology, clean technology, deep technology, robotics and artificial intelligence. M7 supports companies and founders creating sustainable solutions for global challenges, including food security, environmental sustainability and technological advancement.

About AngelCentral

AngelCentral is an active community of angel investors in Southeast Asia. It organises curated pitch sessions, angel education workshops and syndication administration services to support angel investors and high-growth startups.

The idea for AngelCentral started around 2017 as a community initiative by its partners to share their personal experiences and lessons learned on angel investing. Following early validation, AngelCentral was officially incorporated in February 2018 with the mission of building a community of effective angel investors in Southeast Asia. Since inception, AngelCentral has trained more than 1,000 angels, and its members have invested more than S$40 million into startups regionally.

Connect with us at: https://www.angelcentral.co

About Moringa Ventures

Moringa Ventures is a Singapore-based deep-tech venture builder backed by Tembusu Partners. Moringa Ventures bridges capital, expertise and commercialisation support to help visionary founders build systems that scale. The firm invests with deep conviction in transformative technologies across AI/ML, advanced materials, cybersecurity, space and communications, robotics, energy, health and biotechnology.

For more information, visit: https://www.moringa-ventures.com

About Lotus One Investment

Lotus One Investment is a Singapore-based single-family investment office with a diversified global investment portfolio. Through its Growth Investments platform, Lotus invests in category-defining companies across artificial intelligence, healthcare and medtech, deep technology, cybersecurity, climate technology, aerospace and defense, and fintech infrastructure.

Lotus backs visionary founders building transformative technologies, providing long-term capital to help innovative companies scale globally.

Connect with us at: https://lotussingapore.com/

SOURCE H3 Zoom

While most AI in financial services remains advisory, LUMIQ has built the layer that owns the decision — autonomous, auditable AI agents making regulated calls in production at leading banks, insurers, and capital markets firms. Today, LUMIQ serves clients across India, the United States, and Southeast Asia — leading institutions across insurance, banking, and capital markets.

NEW YORK and SINGAPORE, June 19, 2026 — LUMIQ, an AI-native financial services company, today announced a strategic funding round to scale auto-decisioning for financial institutions across the United States and Southeast Asia. The round was led by Bajaj Finserv, one of India’s largest and most diversified financial services groups, with participation from existing investor Info Edge Ventures.

Right now, thousands of customers are waiting for a policy to be issued, a loan to be disbursed, a claim to be adjudicated, because somewhere an FSI employee is drowning in decisions, held back by the risk of getting it wrong. Today, when e-commerce delivers the same day, banks and insurers still decide in weeks. We built LiteCone to take that burden: AI decides the routine cases, completely and accountably, so humans spend their judgment on the one case that actually needs it. This round lets us bring that to every financial institution in the markets that matter most.
Shoaib Mohammad, Co-founder and CEO, LUMIQ

From AI that assists to AI that decides

For decades, financial institutions have bought technology that made their people faster — faster data, faster scoring, faster copilots. The decision still landed on a human. LUMIQ is changing that. Through its LiteCone platform, the company deploys AI agents that read the file, apply the institution’s own guidelines, and reach the decision end to end — escalating only the cases that genuinely require human judgment. The output is not a recommendation. It is a decision, with full reasoning attached, cross-referenced to policy, and defensible under audit.

The results in production speak clearly. At a leading life insurer, LUMIQ’s LEO agent decides 75–80% of underwriting cases with zero human touch, reduced policy issuance cost by roughly 25%, and compressed turnaround from days to under eight minutes — running 24×7 with complete auditability. Across its client base spanning insurance, banking, and capital markets in India, the US, and Southeast Asia, LUMIQ now processes millions of decisions annually.

LiteCone turns a real financial-services role into a working AI agent in weeks. Every agent we deploy is consistent, explainable, compliant, and auditable by design — not as an afterthought. This capital lets us go deeper on the platform and broader across roles. And through our cloud and AI lab partnerships, institutions will increasingly find LiteCone already embedded in the platforms they run today.
Vaibhav Dobriyal, Co-founder and Chief Product Officer, LUMIQ

This round funds four priorities: expanding go-to-market in the US and Southeast Asia; deepening LiteCone’s decisioning capabilities; extending the agent workforce across more financial-services roles; and building a partnership ecosystem with cloud hyperscalers, AI labs, and core banking and insurance platforms so LiteCone is embedded where institutions already run.

LUMIQ’s investors backed the round for the same reason its customers adopt LiteCone: agents already deciding in production, with auditability and control built in.

As a financial-services group, we know how much rests on getting regulated decisions right, at speed and at scale. LUMIQ has built AI agents that decide in production with auditability and control built in, the capability the industry has been moving toward. We are proud to lead this round and to support the team’s expansion across the US and Southeast Asia.
Lakshmi Iyer, Group President – Investments & CEO, Bajaj Alternates

Our conviction is grounded in what LUMIQ has already built. Their AI agents aren’t just built for the future. They are operating in production today, at speed. This combination is rare, and its value will only compound as the company scales globally.
Girish Jhunjhunwala, Fund Manager – PE and VC Investments, Bajaj Alternates

Financial services is one of the hardest categories to crack — regulated, risk-averse, and unforgiving of hype. LUMIQ has put agentic AI into live financial-services workflows and earned the trust of large institutions across the US, Southeast Asia and India. That is how a category-defining company in financial-services AI gets built, and we are proud to keep backing the team as they scale globally.
Kitty Agarwal, Partner, Info Edge Ventures

LUMIQ’s goal is to lead one category: auto-decisioning at production scale for financial services. Agents that act, not assist, and never compromise audit, compliance, or predictability.

About LUMIQ

LUMIQ is an AI-native financial services company. Through its LiteCone platform and a growing workforce of production AI agents, LUMIQ turns real financial-services roles — insurance underwriter, credit underwriter, claims adjudicator — into agents that are consistent, explainable, compliant, and auditable. The company pairs deep domain expertise across banking, insurance, and capital markets with frontier AI. LUMIQ employs over 350 AI and data specialists, and has offices in New Jersey, Singapore, and Delhi NCR (India).

Web: www.lumiq.ai

Photo – https://mma.prnewswire.com/media/2997283/LUMIQ_Funding.jpg

SOURCE LUMIQ

Affordable Virtual Assistant ecosystem for startups, mompreneurs, entrepreneurs, gradpreneurs and influencerpreneurs.

The announcement comes as entrepreneurship continues to shift toward a more personal, digital, creator-led and solo-driven economy. Across the country, founders are building businesses from home offices, kitchen tables, college campuses, content platforms, and side hustles. Yet many of these entrepreneurs are still running their businesses through inboxes, spreadsheets, direct messages, and memory.

Affordable Virtual Assistant is addressing that gap by giving solo founders an affordable operating layer before they are ready to build an internal team. The company’s model is designed to help entrepreneurs organize customer records, follow up with leads, manage administrative tasks, improve scheduling, support website needs and create repeatable workflows.

     “Solo founders are not short on ambition,” said Varun Khanna, Founder of Affordable Virtual Assistant. “They are short on operational capacity. The market has plenty of virtual assistant providers selling      hours. We built Affordable Virtual Assistant to give entrepreneurs their first operating layer — the people, custom and affordable technology systems, and follow-up automations that they need to run like a      real company before they can afford to hire a full team.”

The need for this type of support is growing as new founder segments reshape small business ownership. Women-owned businesses now represent a major share of the U.S. business landscape and generate trillions in annual revenue. Younger founders are also entering entrepreneurship at high rates, while creator-led and solo businesses continue to turn personal brands, services, content and digital products into real companies.

Affordable Virtual Assistant’s Solopreneur Operating System is built for this new founder class:

• Mompreneurs who are balancing family, business growth, customer communication, scheduling, marketing, operations, and daily administrative demands.
• Influencerpreneurs who are turning content, audience attention, brand partnerships, affiliate income, digital products and services into businesses that require systems behind the scenes.
• Gradpreneurs who are launching ventures earlier and need affordable support with research, organization, outreach, follow-up and digital presence.
• Solopreneurs who are managing sales, service delivery, admin, CRM updates, customer communication and online visibility without a team.

Unlike traditional virtual assistant companies that focus primarily on completing hourly tasks, Affordable Virtual Assistant positions its service as a business support ecosystem. The company’s approach combines people, process and practical technology tools so founders can move from scattered daily activity to a more consistent operating rhythm.

     “Entrepreneurs are constantly told to start, scale and build their brands, but many are still operating without the basic technology and AI infrastructure that larger companies take for granted,” added Varun      Khanna. “The next evolution of virtual assistance is not just performing tasks. It is helping founders create operating consistency using affordable customized technology and AI to scale.”

Affordable Virtual Assistant’s model includes virtual assistant support, CRM assistance, lead follow-up, administrative help and website support, with transparent monthly plans designed to make structured business support accessible before founders are ready to hire internally.

For mompreneurs, that can mean support with inboxes, scheduling, customer records and follow-up while protecting time for family and growth. For influencerpreneurs, it can mean organizing brand inquiries, content administration, CRM updates and business opportunities. For gradpreneurs and young founders, it can mean having a first support system before they are ready to make a first hire. For solopreneurs, it can mean moving from hustle to a more organized and scalable business foundation.

The company’s message to the market is clear: virtual assistance should not be limited to busywork. For today’s solo founder, the right support system can become the bridge between ambition and operational growth.

Affordable Virtual Assistant serves early-stage business owners, coaches, consultants, creators, local service providers, online sellers, startup founders and professionals who need reliable support without the cost of building a full internal team.

For more information, visit AffordableVirtualAssistant.com.

About Affordable Virtual Assistant
Affordable Virtual Assistant helps solopreneurs and small business owners move from idea to income with virtual assistant support, CRM assistance, lead follow-up, administrative support, website help and operational workflows. Built for founders who need affordable business infrastructure before they are ready to hire a full internal team, Affordable Virtual Assistant provides practical support for the new generation of solo business owners.

Media Contact

Varun Khanna
Affordable Virtual Assistant
Email: [email protected]
Telephone: (424) 502-1324
Website: AffordableVirtualAssistant.com

SOURCE Maandukya Corporation