Founded by Former Miramax CEO Bill Block, the round was led by vgames and Pitango, alongside Alexis Ohanian, Kris Jenner, Kim Kardashian, and Traverse Ventures.

Pioneering Hollywood Creators embrace the format with new originals launching from CSI TV Franchise Creator Anthony E. Zuiker.

LOS ANGELES, Oct. 23, 2025 — GammaTime, the first premium micro-drama streaming platform built specifically for American audiences, today announced it has raised $14 million in Seed funding. The round was led by vgames and Pitango, with investments from entrepreneurial juggernauts Alexis Ohanian, Kris Jenner, Kim Kardashian, and Traverse Ventures. GammaTime was founded by visionary producer and former Miramax CEO Bill Block, Slava Mudrykh (CRO, former Google Gaming), and Alex Montalvo, who serves as Chief Content Officer (former Quibi).

GammaTime represents the sophisticated evolution of short-form entertainment, combining proven global audience demand with Hollywood-caliber storytelling and deep mobile engagement expertise. The platform, which launched this month on iOS and Android devices, already features more than 20 vertical originals spanning suspense thriller, romantic melodramas and true crime. The inaugural slate of programming will also feature original micro-dramas written by Anthony E. Zuiker, the visionary creator of the global television franchise CSI: CRIME SCENE INVESTIGATION, which recently celebrated its 25th anniversary.

Global micro-drama revenues surged 8,000% year-over-year in 2024, with the U.S. leading in consumer spending, yet no premium domestic platform has emerged to serve this massive audience. Today’s funding news further validates investor interest in the category and confidence in GammaTime’s founding team and strategy.

“While early micro-drama apps proved the storytelling format works, they’ve barely scratched the surface of what’s possible,” said Bill Block, GammaTime’s founder and CEO. “We are a demand driven, technologically determined content app where the next billion consumers will discover premium stories to satisfy their appetite. Combine that interest with our creative talent and Slava Mudrykh’s mobile team of experts and we are well positioned to win in this category.”

Redefining Quality in Short-Form Entertainment

“We’re bringing the same data-driven sophistication to storytelling that top mobile games use for player engagement,” explained Slava Mudrykh, GammaTime’s co-founder and Chief Revenue Officer. “Every story is tested and optimized before full production. It’s not about replacing creativity—it’s about amplifying it by aligning with what audiences truly crave.”

“The global rise of microdramas is one of the most exciting shifts in media since streaming began”, says Gad Huldai, General Partner at Pitango. “Bill, Slava, and Alex are perfectly positioned to lead this category, combining storytelling mastery with mobile-native innovation. Pitango is proud to back a team that understands both audience emotion and platform mechanics.”

Daniel Mironov, Partner at vgames: “It’s a privilege to back Slava after working together for many years. His deep expertise in mobile growth, combined with the Hollywood leadership and creativity of Bill and Alex, represents the natural evolution of the entertainment content space. We’re backing this exceptional team that thrives in red-ocean markets, where competition is fierce, but the upside belongs to those who execute better and scale smarter. Gamma is exactly that team.”

GammaTime’s content strategy leverages predictive AI and rigorous testing protocols, and the Company counts David Stiff, founder of Vault AI, as a key strategic advisor. This data-driven approach ensures only the most engaging concepts enter production, maximizing creative resources while minimizing development waste.

Building for Tomorrow

As the first Hollywood entrant into the micro-drama space, GammaTime will work with the world’s top hitmakers to amplify the quality and variety in the medium.

The platform launched with a freemium model, allowing viewers to watch content before committing to full access. This approach taps into proven user behavior on mobile while building sustainable revenue through engaged audience conversion.

Premium Content for Mobile-First Consumption

Anthony E. Zuiker is the first major Hollywood showrunner to announce projects written for the micro drama/vertical shorts format. Zuiker’s programming on GammaTime is yet another example of how Zuiker has been a first mover throughout his career, pioneering storytelling across innovative new technology platforms. In 2012, Zuiker’s CYBERGEDDON, was the very first original film for Yahoo!, and he was a key partner on the BlackBoxTV channel, one of YouTube’s first original programming initiatives. Zuiker also authored the successful  “digi-novel” series LEVEL 26 (Dutton/Penguin Group).

“Partnering with GammaTime is every writer’s dream realized. The team empowers creators with an always-green light, a culture of trust, and the freedom to deliver film after film without compromise,” CSI TV Franchise Creator Anthony E. Zuiker said. “At GammaTime, interference is replaced with innovation, and creativity is maximized at every turn. The vertical short represents not just the next chapter in cinema, but a revolution in how audiences consume story—because the movie theater no longer requires a seat and a screen, it now exists in the palm of your hand.”

GammaTime enters a market primed for premium short-form content. TikTok and YouTube Shorts have conditioned audiences to expect vertical video entertainment, while international micro-drama success demonstrates the format’s commercial viability. Chinese micro-drama revenues now exceed traditional box office receipts, reaching $7 billion in 2024.

“There are so many more genres to explore and customer segments to reach in this format,” says co-founder and Chief Content Officer Alex Montalvo. “Working with the best A-list and emerging talent right here in Hollywood, we will be the future of entertainment on your phone.”

The platform plans rapid expansion following launch success, with various series already in development.

GammaTime is the American supermarket for vertical shorts – the Netflix of premium short-form storytelling, providing range and diversity, bringing every kind of story to short form.

8 standout series from GammaTime’s initial slate of 22 that best showcase it:

• 2 Anthony Zuiker Originals – The Temptress & Lust Cop (High-end Hollywood collaborations from the creator of CSI).
• 2 Romance Dramas – The Player & The Vengeance Affair (Showcasing our strength and expertise in the romance genre which is proven in short form).
• 2 Famous True-Crime Stories – based on Richard Ramirez & Karen Read

High-profile cases from past and present, re-told through a cinematic lens.

• 2 Viral Cases Re-Imagined – “The Wife Remover” & “The Puppet Mistress”.

Insane viral stories re-envisioned and adapted for today’s audience.

Together, these titles capture the full spectrum of Gamma’s universe — bold, diverse, and unmistakably premium.

About GammaTime

GammaTime is the first premium micro-drama platform designed specifically for American audiences, combining Hollywood storytelling expertise with mobile-first consumption patterns. Founded by entertainment & mobile industry veterans and backed by leading investors, GammaTime delivers high-quality short-form series optimized for smartphone viewing. The company leverages predictive AI and audience testing to ensure every piece of content maximizes viewer engagement and satisfaction.

Media Contact: [email protected]

SOURCE GammaTime

NEW YORK, Oct. 23, 2025 — Darwin AI, a leader in enabling governments to harness artificial intelligence safely and at scale, today announced a $15 million Series A funding round led by global software investor Insight Partners, with participation from existing investors UpWest and Resolute Ventures. As part of the investment, Brenda Harvey, former General Manager of IBM Public Sector and Federal and current Board Member at Nissan Motor Corporation, will join Darwin’s Board of Directors.

As governments race to adopt AI, they face increasing pressure to balance innovation with accountability, transparency, and compliance. Darwin addresses this balance by providing the foundation for responsible AI adoption, starting with Darwin Govern – a centralized system of AI guardrails that enables agencies to establish policy, enforce records management, oversee data governance, and maintain compliance across their AI environment. Once that groundwork is in place, agencies leverage LaunchPad, Darwin’s platform for creating and managing mission-specific agentic workflows for HR, procurement, permitting, and other repetitive operational processes.

The Series A funding will enable Darwin to accelerate development of Darwin Govern and LaunchPad, expand deployment support, and grow its policy, training, and implementation teams to serve increasing demand from U.S. agencies, including in Texas, Ohio, California, Illinois, and Washington. The raise builds on Darwin’s recognition in the Center for Public Sector AI’s inaugural AI 50 Awards, highlighting the company’s leadership in building responsible and scalable AI infrastructure for government.

“Agencies need to ensure AI adoption complies with existing regulations like public records laws, while also meeting emerging state and federal AI standards that require guardrails, inventories, and full visibility,” said Noam Maital, Co-founder and CEO of Darwin. “Darwin gives agencies a clear path to achieve compliance while accelerating innovation. The momentum we’re seeing from customers nationwide underscores how urgently this capability is needed.”

“The opportunity for AI in the public sector is massive, and Darwin is capturing it with practical infrastructure that allows government to move from pilots to real AI transformation,” said Jeff Horing, Co-founder and Managing Director at Insight Partners. “The Darwin team combines deep experience in government and technology with a sharp focus on execution. We look forward to supporting them as they build the foundation for AI in the public sector.”

Darwin’s leadership team brings deep expertise in government technology, cybersecurity, and AI strategy, backed by measurable on-the-ground impact, including its latest hire of Dustin Haisler as Chief AI Officer and U.S. GM. Haisler brings over a decade of experience leading e.Republic and serving in CIO roles within the public sector. Across its customer base, Darwin has identified that more than 60% of AI usage in public agencies occurs through unsupervised “shadow AI” tools, exposing sensitive data and personally identifiable information. By centralizing visibility and enforcement, Darwin helps agencies regain control and ensure that the use of AI across departments aligns with both mission outcomes and compliance standards.

About Darwin AI
Darwin AI, a nationally recognized leader in public sector AI governance, works with public sector agencies to build the foundation for safe and scalable AI. Darwin Govern helps public sector agencies ensure compliance with records and data standards. Darwin LaunchPad helps agencies build on this foundation by deploying mission-specific agentic workflows. Darwin’s approach turns AI policy into practice, enabling governments to innovate responsibly, securely, and at scale. Learn more at darwingov.com.

About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of June 30, 2025, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 875 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has a global presence with leadership in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

SOURCE Darwin AI

SAN FRANCISCO, Oct. 23, 2025 — Apriority, a borrower-first debt platform, today announced a $2.3M seed round led by Techstars, Valhalla, Bridge, CAN, Illini Angels, and Keiretsu. Apriority joins the Techstars & Samvid Economic Mobility Accelerator to deliver AI and automation that transform static debt into a wealth-building opportunity for millions of borrowers.

A Staggering Expense

Americans now carry an unfathomable $18 trillion in debt yet are forced to track every loan and rate manually, wasting billions in excess interest from missed refinance opportunities. Apriority delivers active, AI-powered debt management that uncovers refinance savings, recommends payoff strategies, and puts borrowers back in the driver’s seat of their debt. By never earning commissions, Apriority enables lenders to cut costs, passing lower rates to users than traditional lead-generation platforms.

Impact-Driven Founders

“Financial stress permeates nearly all aspects of life: work, family, mental health, and relationships. Apriority puts borrowers back in control, turning debt from a source of stress into a tool to build wealth,” says cofounder and COO Bret Rietow.

“This is the single largest untapped financial opportunity in our generation not just as a business model, but to create huge positive impact to those who need it most,” adds Tony Willcox, CEO and cofounder.

Investors See Huge Opportunity

“Lenders have an arsenal of software tools to push new debt…it’s long overdue to have a fintech giving borrowers real $$ savings.” — Valhalla Investment Group

“Apriority turns debt from a source of stress into a system of empowerment…helping every borrower take control.” — Rachel Wei West

“Rewriting the debt ecosystem, delivering market intelligence, and eliminating lead-gen fees. Debt has never been this smart.” — Phil Murtaugh

Expanding Impact

Apriority delivers financial stability and control to borrowers, with the greatest impact on low- and moderate-income households. But the benefit of reducing financial stress ripples outward broadly. Employers see a more focused workforce, credit unions attract and retain members, and healthcare providers and insurers can lower mental health costs.  Borrower-first debt management not only strengthens individuals, but the broader economy.

About Us

Apriority is an AI-powered fintech platform that helps borrowers optimize debt portfolios across all loan types, monitoring rates, surfacing savings, and guiding smarter financial decisions without commissions or bias. Based in San Francisco, Apriority’s mission is to make intelligent debt management accessible to everyone.

Website: www.apriority.ai

Contact: [email protected]

SOURCE Apriority Financial, Inc.

Co-investors in the cutting-edge vision navigation and autonomy tech company include AeroX Ventures, Boscolo Intervest, High Point Ventures, Rockaway Ventures, and USAF Techstars

NEW YORK and KYIV, Ukraine, Oct. 23, 2025 — Today, vision navigation and autonomy defense tech startup Vermeer, with headquarters in New York and forward operations in Kyiv, announced the close of its $10 million Series A round. 

Led by renowned early-stage venture capital firm Draper Associates and joined by AeroX Ventures, Boscolo Intervest, High Point Ventures, Rockaway Ventures, along with the U.S. Air Force Tech Stars, the company is strongly positioned to expand its partnerships including with the U.S. military, NATO Allies and the Armed Forces of Ukraine (AFU). Vermeer will further scale its optical navigational technology platform offering for both defense and commercial use.

“Dual-use tech catalyzes technical progress in both the defense and commercial sectors. And much of this innovation is already being deployed, to great success,” said Andy Tang, partner at Draper Associates. “One of the reasons we backed Vermeer is the incredible rate of success they’ve achieved specifically in helping Ukraine strengthen its drone fleet.”

Vermeer’s Visual Positioning System (VPS) is a crucial navigation solution for drones and other aerial vehicles operating where GPS signals fail. It effectively bypasses the vulnerabilities of satellite-based navigation, working seamlessly even when signals are jammed, disrupted, or intentionally spoofed with false location data. Vermeer’s VPS technology mimics human navigation, using up to four electro-optical or infrared cameras to analyze the environment. 

Vermeer CEO Brian Streem said, “Building advanced technology in a war zone is not easy — but it’s the only way to make it real. Operating alongside our partners on the front lines has forced us to iterate faster, build smarter, and focus on what actually works in combat. Our goal isn’t just to give drones mass — it’s to give them precision, intelligence, and purpose. We’re proud to have earned the trust of over 30 customers, and with the support of Draper, and our other venture partners, we’re ready to scale that mission.”

By comparing these visual feeds against a database of landmarks and pre-existing 2D or 3D maps, along with leveraging AI through its Nvidia chip system, Vermeer can pinpoint its target location with precision. 

Because it’s a passive system that doesn’t rely on external signals, VPS is exceptionally reliable in contested environments, making it ideal for both defense missions and civilian aerial applications. 

Vermeer started out in the U.S. Air Force Tech Stars accelerator program where it earned over $7 million in SBIR awards and non-dilutive capital from the government’s AFWERX program to perfect VPS. https://www.techstars.com/accelerators

Vermeer’s technology is trusted by partners including the U.S. Army, the U.S. Air Force, Lockheed Martin, Northrop Grumman and other defense organizations, highlighting the usefulness of its navigation solution for defense. It is already being used in theater by the Armed Forces of Ukraine to combat enable drone navigation without GPS, making their fleet immune to jamming and spoofing by Russian adversaries. 

“Vermeer’s navigation technology is easy to use, resistant to disruption, and scalable,” said Petr Šmíd, General Partner at Rockaway Ventures. “Unlike GPS, Vermeer’s system operates without radio signals and remains functional even when GPS is disrupted or non-existent. We believe this unique technology will become the standard for drones, robots, and other autonomous platforms, driving a new wave of autonomous systems.” 

Vermeer has grown from 10 employees to 40 employees in the past year as it continues to scale. There are eight people working in Ukraine today. Streem said the funds will be used to continue to support technological innovation and meet customer requirements. 

Draper’s Tang added: “The Vermeer AI-based visual positioning system uses landmarks, stars, and other cues to help drones position themselves without needing GPS, which makes them more resilient and able to overcome jamming, spoofing, and other forms of technical attack. Their technology is changing the game for drone operations and their location accuracy. And it has innumerable applications outside of defense including for autonomous vehicles, remote delivery, and more.”

About Vermeer

Vermeer is a New York- founded technology company that creates  vision based autonomy solutions  for the warfighter.  Vermeer provides the first of its kind optical nav solution and was selected as a member of the Air Force Accelerator powered by Techstars. For more information visit: www.getvermeer.com 

About Draper Associates
Draper Associates is a global venture capital firm that backs world-shaping companies. 

Founded by Tim Draper in 1985, we invest in bold, visionary founders building transformative businesses long before the rest of the world believes in them. We are industry-agnostic and stage-agnostic, and invest in frontier technologies such as AI, robotics, biotech, crypto, space, dual use, deep tech, and more. We believe in taking long odds on extraordinary outcomes and are committed to supporting entrepreneurs who challenge the status quo. HQ’d in Silicon Valley, California, we were early investors in 1,000+ companies such as Robinhood, Coinbase, Tesla, Oklo, Colossal Biosciences, SpaceX, Webflow, and Baidu. To learn more, visit www.draper.vc.

Contact: Tyrone Lee [email protected]

About Rockaway Ventures

Rockaway Ventures is a venture capital fund within the Rockaway Capital investment group. It invests in startups that digitize traditional industries through transformative technologies, primarily AI. The fund actively seeks and supports early-stage founders across Europe. For more information, contact Patrik Karkos at [email protected] or +420 733 509 785.

Vermeer Media Contact for Interviews

Michael J. Smith, press officer in Washington, DC

[email protected] or 703-623-3834

SOURCE Vermeer

HOUSTON, Oct. 22, 2025 — Venus Aerospace, the startup leader in next-generation rocket engine propulsion, today announced a strategic investment in the company by Lockheed Martin through their investment arm, Lockheed Martin Ventures. The investment follows Venus’s historic May 2025 high-thrust test flight of its rotating detonation rocket engine (RDRE), an event described by the Houston Chronicle as a “world first” that represents the first generational leap in rocket engine technology since the Apollo Program. Venus announced their collaboration on stage at the Axios Future of Defense Summit in Washington, DC.

Venus is the only company in the world with a flight-proven, high-thrust RDRE and a clear path to scaled production. Lockheed Martin’s investment in Venus emphasizes the growing support among established defense companies and venture capital investors for emerging critical technologies for both defense and commercial applications. It also reflects the potential of Venus’s dual-use technology as global defense spending and space infrastructure investments are projected to approach $1 trillion by 2040.

“Venus has proven in flight the most efficient rocket engine technology in history,” said Sassie Duggleby, Co-founder and CEO, Venus Aerospace. “With support from Lockheed Martin Ventures, we will advance our capabilities to deliver at scale and deploy the engine that will power the next 50 years of defense, space, and commercial high-speed aviation.”

Lockheed Martin’s collaboration with Venus unites the firm’s resources and industry experience with Venus’s breakthrough propulsion innovations. This collaboration signals a recognition that defense prime and startup collaboration is essential to maintaining U.S. leadership across domains.

“Through Lockheed Martin Ventures, we’re investing in companies like Venus Aerospace that are developing the cutting-edge technologies of the future,” said Chris Moran, Lockheed Martin Ventures Vice President and General Manager. “Next-generation propulsion will define the future of the space and defense industries. We’re exploring potential approaches to scale and integrate Venus’s technology within critical systems.”

The global aerospace and defense propulsion systems market was valued at over $260 billion in 2022 and is projected to continue growing. Among numerous target markets for Venus’s technology, the global hypersonics market alone is projected to triple to roughly $12 billion by 2032, with nearly $4 billion in near-term Pentagon procurement driving that urgency.

As the world leader in RDRE technology, Venus has seen strong inbound interest from leading companies in the defense, space, and aerospace industries–all seeking lower-cost, more efficient propulsion solutions. The company has secured more than $106 million to date and executed the most capital efficient rocket engine development in history.

Media Contact: [email protected] 

About Venus Aerospace: Founded in 2020, Venus Aerospace is revolutionizing rocket engine technology. Headquartered in Houston, Texas, the company is building the world’s first scalable platform for high-performance, reusable propulsion based on its proprietary Rotating Detonation Rocket Engine (RDRE) and Venus Detonation Ramjet (VDR). Together, these systems form a next-generation engine architecture that enables continuous flight from takeoff to hypersonic cruise on a single integrated platform—unlocking breakthrough capabilities across defense, space, and commercial high-speed flight. Venus’s technology is designed to power the next era of aerospace innovation, from space launch and a range of military applications to the commercial high-speed flight. Venus is backed by top-tier investors including Airbus Ventures, America’s Frontier Fund, Trousdale Ventures, and Prime Movers Lab, and is supported by the Air Force Research Laboratory, NASA, and DARPA. To learn more, visit: www.venusaero.com.

SOURCE Venus Aerospace

SILICON VALLEY, Calif., Oct. 22, 2025 — LINEN Cloud, the intelligent sales planning platform redefining how enterprise revenue teams operate, today announced a strategic investment round led by a network of global CIOs, CTOs, and enterprise technology leaders.

This round unites senior operators who have built and scaled some of the world’s most complex technology ecosystems, from Cisco and Google to Oracle and Anaplan, and reflects a growing market demand for a modern, automated foundation for enterprise go-to-market planning.

Enterprise customers including Zscaler, Netskope, Cisco, Iron Mountain, and MicroStrategy already use LINEN Cloud to modernize planning cycles, eliminate manual bottlenecks, and unify sales, finance, and operations around shared data.

“As a CRO responsible for multi-billion-dollar P&Ls, I’ve worked with nearly every SPM and GTM platform from Oracle, SAP, and Anaplan,” said Steven Birdsall, CRO of Alteryx.

“I chose to invest in LINEN because of their truly no-code, modern approach to GTM – built with native intelligence at its core. LINEN delivers agility and speed to sales teams while giving GTM leaders board-level confidence in their decisions. It’s a thoughtfully designed, end-to-end platform covering the entire journey from Plan to Pay.”

The CIO-led round reinforces LINEN Cloud’s mission to replace static, spreadsheet-based planning with a dynamic, intelligent system of record. The platform enables organizations to manage territories, quotas, and capacity in real time, fully integrated with Salesforce and leading incentive compensation tools.

“I joined LINEN Cloud to help disrupt how enterprises run revenue, by bringing structure and visibility to the sales pipeline so leaders can see bottlenecks, attribute contribution, and make faster decisions,” said Lenin Gali, Advisor at LINEN Cloud and Chief Business Officer at Atomicwork.

“From territory hierarchies to capacity and quota planning, the details that often get overlooked are precisely what LINEN elevates. Jacob and I talked about this way back at the napkin stage. It was clear then, and it’s clearer now, that the company will be successful for two reasons: the product is solid, and the people behind it have the smarts and grit to see it through.”

The investment will accelerate LINEN Cloud’s expansion across North America and advance its AI-driven annual planning with year-round RevOps capabilities, solidifying its position as a category-defining platform for enterprise planning.

“Our mission is to help enterprises plan with precision and move with speed,” said Jacob Mathew, Founder and CEO of LINEN Cloud. “This investment from global CIOs underscores a broader shift inside large organizations – the people who run enterprise technology now see planning as the next system that needs transformation.”

The announcement reflects a larger evolution in enterprise software – away from static systems and toward intelligent infrastructure that can plan, adapt, and execute in real time. LINEN Cloud is emerging as one of the few companies positioned to define that shift, shaping how the world’s largest organizations make revenue decisions in the years ahead.

About LINEN Cloud
Based in Silicon Valley, LINEN Cloud revolutionizes enterprise sales planning with patented AI and no-code tools, simplifying territory, quota, and headcount & capacity planning. Founded by Jacob Mathew, a 20-year Sales Ops & Finance veteran from Cisco, and executives from SAP, Oracle, Anaplan and others, LINEN provides confidence to RevOps teams at enterprise and mid-market companies by overcoming fragmented planning, streamlining year-round operations, and helping create predictable revenue in the $400B SaaS market.

Media Contact: Kate Allinson
Head of PR
LINEN Cloud
www.linen.cloud
[email protected]
983-204-5744

SOURCE LINEN Cloud

PHILADELPHIA, Oct. 22, 2025 — Moberg Analytics, a pioneer in advanced brain monitoring and critical care informatics, today announced it has secured $600,000 in seed funding to accelerate commercialization of the Moberg Clinical Platform (MCP) — a next-generation software system that integrates multimodal brain data and analytics to guide treatment in intensive care units (ICUs).

The round was led by Ben Franklin Technology Partners, Pennsylvania’s leading technology-based economic development organization, with a $250,000 investment, and included participation from Overbrook Capital, MVP Capital Partners, and other private investors. The seed round will remain open through mid-2026.

“This investment marks a pivotal step toward making advanced brain monitoring as routine as monitoring the heart or lungs,” said Dick Moberg, CEO & Founder at Moberg Analytics.

The funding will support regulatory clearances, pilot installations at leading hospitals, and the company’s go-to-market strategy. To date, the Moberg Clinical Platform has been developed with over $8 million in federal research funding, and this round positions the company to scale commercially with reduced dependence on government grants.

The Moberg Clinical Platform (MCP) combines comprehensive brain data acquisition, advanced analytics, and precision-medicine tools to improve outcomes for critically-ill patients. Designed for scalability across different hospital environments, MCP bridges data from multiple devices into a single, intelligent interface.

About Moberg Analytics
Moberg Analytics is a cutting-edge, fast-growing start-up focused on bringing advanced brain monitoring and precision medicine to all critically-ill patients worldwide. Building on more than four decades of innovation, Moberg Analytics develops software platforms that unify physiological data, analytics, and clinical decision support to improve outcomes in critical care.

For more information, visit www.moberganalytics.com.

For more information, please contact
Dick Moberg
CEO & Founder, Moberg Analytics
Email: [email protected]
Website: www.moberganalytics.com

SOURCE Moberg Analytics, Inc.

ST. PAUL, Minn., Oct. 22, 2025 — SecondWave Systems, Inc., a clinical stage medical device company developing a novel ultrasound-based treatment for inflammatory disorders, announced a new investment to expand its Series A syndicate. New investor Sectoral Asset Management joins an experienced syndicate of medical technology investors, including Treo Ventures, Scientific Health Development, University of Minnesota, and a major healthcare strategic.

The Sectoral team brings significant healthcare expertise to SecondWave, supporting the company’s work to develop and commercialize the SecondWave MINI™, a first-of-its-kind, noninvasive, wearable therapeutic ultrasound device intended for treatment of inflammatory diseases.

“The team at Sectoral has a wealth of experience and will bolster our ability to deliver life-altering therapy for patients who suffer from inflammatory disease,” said SecondWave CEO Anuj Bhardwaj.

“A large portion of patients with chronic inflammatory disease are looking for better therapies, and SecondWave’s ultrasound stimulation platform has the potential to become the solution of choice. Their elegant non-invasive approach may redefine how these patients are treated,” said Marc-André Marcotte, Partner & Head of Venture Capital at Sectoral Asset Management.

For more information on SecondWave Systems, visit www.secondwaveUS.com.

About SecondWave Systems, Inc.

SecondWave Systems is revolutionizing treatment of inflammatory disease. The company is developing a first-of-its-kind noninvasive, wearable, and personalized ultrasound stimulation platform that will give patients and their physicians a new option for treating debilitating or life-threatening disease. The company’s SecondWave MINI™ device uses proprietary ultrasound technology to stimulate the spleen with the goal of treating acute and chronic inflammation disorders. This technology is being investigated in clinical studies to treat multiple inflammatory conditions including rheumatoid arthritis. For more information, visit www.secondwaveUS.com. 

Media Contact
[email protected]

SOURCE SecondWave Systems

The future of wigs is here. The Renatural raised $4.2M in a Seed round led by Watchfire Ventures, with participation from Mark Cuban and Ingeborg Investments.

BROOKLYN, N.Y., Oct. 22, 2025 — Today, the wig industry will undergo a complete transformation with the launch of the world’s first premium hyper-realistic wig: The Signature Wig Collection from The Renatural. With no lace, and no need for glue or tape, The Renatural Signature Wig creates the look of skin and scalp skin for a completely undetectable, seamless finish, and no line of demarcation.

In 2020, Aasiyah Abdulsalam made history by inventing The Wig Fix, the first patented wig-related product in over 60 years. Designed to revolutionize wig-wearing, The Wig Fix allows users to secure their wigs without glue, combs, clips, or tape, all while promoting natural hair growth underneath. Following the success of The Wig Fix, Abdulsalam grew the company to nearly $3 million in revenue within its first three years, selling over 80,000 units globally. Most recently, The Renatural closed a $4.2M Seed round led by Watchfire Ventures, with participation from Mark Cuban and Ingeborg Investments, to scale production and launch The Signature Wig Collection. Additional brand investors include Topicals Co-Founder Olamide Olowe and Black Ambition by Pharrell Williams and Felecia Hatcher. The Renatural has also been granted the Glossier Alumni Award and received funding from Harvard Business School and Yale University.

“The Renatural is setting a new gold standard for the wig industry – not just with breakthrough technology, but with an unwavering commitment to beauty, innovation, and inclusivity. What Aasiyah has created with the Signature Collection is nothing short of transformational: a product that feels deeply personal, yet universally groundbreaking. I’m proud to support a founder and brand that are reshaping how we define luxury in hair, and in doing so, opening up new possibilities for self-expression and confidence,” said Olamide Olowe, Co-Founder of Topicals.

The Renatural has created a proprietary machine about the size of a washing machine to create full scalp replica wigs in only 45 minutes; eight weeks is the general stretch for competitors. The Renatural uses a proprietary blend of materials that is three times thinner than any lace. Each piece’s hairline naturally melts into the skin, using your natural body temperature, creating an undetectable finish, while each base provides a hyper-realistic scalp presentation. Each hair is individually injected to mimic the natural interaction of skin and hair, allowing the wearer to part the hair anywhere without concern for the cap’s appearance.

“At The Renatural, wigs are not accessories – they are crafted as extensions of self. With uncompromising attention to detail, we use the finest materials and advanced technologies to create pieces that move, feel, and endure like natural hair. For our customer, luxury is discreet; hair should never stand apart, but blend seamlessly into a polished whole, much like tailoring or fine jewelry. A Renatural wig is designed to be invisible and unforgettable, the quiet completion of a beautifully understated look,” said Aasiyah Abdulsalam, Founder of The Renatural.

The Renatural Wigs are offered in a select assortment of lengths between 12 and 26 inches, depending on hair texture and color; pricing ranges from $950 – $1,950.

The Signature Collection Includes:

• Gentle Wave: A soft, fluid texture that falls into a natural whisper of movement. Gentle Wave embodies effortless elegance – relaxed enough for every day, yet the perfect foundation for a polished, high-shine blowout. Available in dimensional Rooted Blonde, Natural Black, and Chestnut.
• Deep Curl: Lustrous, defined curls with luxurious volume and spring. Deep Curl celebrates the richness of natural texture, offering a hydrated, sculpted look that feels indulgent and full of life. Available in Natural Black.
• Kinky Straight: An airy, dimensional blowout that balances sleek refinement with natural body. Kinky Straight delivers subtle movement and softness, evoking the ease of freshly styled hair with a weightless finish. Available in Natural Black.

The Signature Wig Collection is now available for purchase at www.therenatural.com. For more information about the collection and to stay updated on brand news, follow @therenatural on Instagram and TikTok.

About The Renatural: The Renatural is redefining the future of wigs through robotics, innovation, and uncompromising attention to detail. With a proprietary supply chain and patented robotic manufacturing system, the brand delivers category-leading designs that are as consistent as they are luxurious. This fusion of technology and craftsmanship ensures scalability without compromise, flawless repeatability in quality, and a customer experience that feels as seamless and elevated as the wigs themselves.

About The Founder, Aasiyah Abdulsalam: Born in London and raised in rural Ireland, Aasiyah Abdulsalam learned early how to transform necessity into creativity, teaching herself to care for and style her hair in places where expertise was scarce. At twelve, she was diagnosed with scalp psoriasis, and the resulting hair loss drew her into the world of wigs — revealing both their potential for beauty and their many shortcomings.

That personal fascination evolved into a lifelong pursuit. While studying, she devoted her dissertation to the wig industry, and later immersed herself in six months of hands-on research inside a Korean wig factory. There she saw firsthand how something so intimate was often produced without artistry or empathy.

Today, as the Founder of The Renatural, Abdulsalam is a Forbes 30 Under 30 honoree and a holder of multiple patents in beauty innovation. She brings together years of research, lived experience, and uncompromising standards to reimagine wigs as luxury objects — designed with precision, crafted from the finest materials, and created with an obsessive commitment to the customer experience.

Media Contact: 
The Next Wave PR
845-380-0557
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SOURCE The Renatural