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MAGENTIQ EYE Secures Series A Investment Led by aMoon to Drive the Future of AI-Powered Gastroenterology

Funding will support commercialization in the USA and Europe as well as continued development of MAGENTIQ COLO’s advanced AI capabilities.

HAIFA, Israel, July 30, 2025 — MAGENTIQ EYE LTD., a leading innovator in AI-powered gastroenterology decision-support software, today announced the successful completion of its Series A funding round.

MAGENTIQ EYE’s FDA- and CE-approved software, MAGENTIQ-COLO™, enhances polyp detection and analysis capabilities during colonoscopies, significantly improving adenoma detection rates. MAGENTIQ-COLO also offers real-time insights, and its CE-approved version includes polyp-size category and type estimation, and advanced AI-generated reports.

The round was led by aMoon, Israel’s largest HealthTech dedicated investment fund, joined by internal investors Norgine Ventures BV (Netherlands), Nina Capital (EU & USA) and Namarel Ventures SL (Spain), Nova Capital (Italy), and private investors Sake Bosch and Roon Doornink (USA). In conjunction with aMoon’s investment, partner Roy Wiesner will join the board of directors of MAGENTIQ EYE, bringing strategic insight, global perspective, and deep experience in building successful health tech companies.

“This investment round marks a major milestone for MAGENTIQ EYE. We are thrilled to welcome aMoon and Roy Wiesner to our journey,” said Dror Zur, Ph.D., founder and CEO of MAGENTIQ EYE. “With aMoon’s support, we will accelerate innovation and market access, meeting the growing demand reflected in our robust pipeline of trial and purchase requests across the U.S. and Europe, and bring our advanced diagnostic tools to more physicians and patients around the world.”

“We are proud to partner with MAGENTIQ EYE, a company leading the charge in AI-powered colonoscopy,” said Wiesner. “MAGENTIQ’s solution stands out as the most accurate in the market, with the broadest set of features, cost-effective scalability, and platform flexibility across GI and laparoscopic applications. We’re also encouraged by the strong early commercial traction and the growing interest from major strategic players looking to collaborate. This investment reflects aMoon’s commitment to backing transformative health tech solutions that can dramatically improve patient outcomes worldwide.”

The company is in clinical trials for diagnostic tools targeting specialized diseases in the lower and upper gastrointestinal tract, such as ulcerative colitis, early dysplasia in Barrett’s esophagus, and gastric intestinal metaplasia, and is developing automated quality indicators for GI procedures. Proceeds from the funding round will support the continued development and expansion of these capabilities, in addition to driving commercial growth in the USA, Europe and globally through direct sales and MAGENTIQ EYE’s existing and new partnerships with industry leaders.

About MAGENTIQ-EYE Ltd.
Founded in 2014, MAGENTIQ-EYE provides a groundbreaking AI-aided colonoscopy solution that offers one of the best performances known today. With worldwide recognition from the gastroenterology community, and dozens of procedures performed every day with the assistance of MAGENTIQ-COLO™, we are setting the new standard of colonoscopy and saving more and more lives. www.magentiq.com

About aMoon
aMoon is a global Healthtech & Life Sciences VC fund headquartered in Israel with $1.3B AUM. We partner with entrepreneurs harnessing groundbreaking science and technology to transform healthcare and help people live better, healthier lives. Backed by a team of scientists, physicians, and entrepreneurs, and a global network of investors and industry leaders, we connect portfolio companies to global tech, finance, and medical research hubs. Our Velocity Fund invests from venture formation through Series A, while our Growth Fund supports later-stage companies in growth, pre-IPO, or pivotal clinical rounds.

Media contact:
Kim Mohr
Amendola Communications on behalf of MAGENTIQ EYE
[email protected]

Logo – https://mma.prnewswire.com/media/2739422/MAGENTIQ_EYE__Logo.jpg 

RD Technologies Secures US$40 Million in Series A2 Financing

To accelerate regulated stablecoin infrastructure ahead of Hong Kong’s new licensing regime

HONG KONG, July 30, 2025 — RD Technologies, a pioneering Hong Kong-based fintech group of companies, today announced the successful completion of its approximately US$40 million Series A2 financing, further strengthening its position as a leader in building compliant stablecoin infrastructure in Hong Kong.

This round of financing is jointly led by existing and new investors, including ZA Global, China Harbour, Bright Venture, and Hivemind Capital. Other investors include HSG, Eternal Digital, CMSC Partners, and Guotai Junan International Private Equity Fund. Their support reflects confidence in RD Technologies vision to drive the next phase of digital currency transactions and asset tokenization through secure, enterprise-grade infrastructure.

Founded in 2020, RD Technologies is one of Hong Kong’s earliest advocates for stablecoins. The company focuses on responsible and sustainable innovation in digital finance, bridging Web2 enterprises with emerging Web3 financial systems through open networks, real-world use cases, and industry-wide collaboration.

As part of this funding round, ZA Bank has also signed a strategic Memorandum of Understanding (MOU) with RD Technologies. The partnership will focus on exploring compliant stablecoin applications in financial services, including collaboration on reserve asset custody and potential distribution roles for RD Technologies’ stablecoin to be issued subject to the approval of the regulatory authorities. This strategic alignment aims to accelerate the adoption of regulated digital finance solutions.

This funding round marks another strategic milestone following RD Technologies Series A1 funding round in September 2024, positioning RD Technologies for its next phase of growth under Hong Kong’s evolving stablecoin regulatory framework.

– Ends –

About RD Technologies Group: 

RD Technologies Group (RD Technologies) is the financial platform that bridges the Web2 and Web3 worlds. It deploys innovative fintech to build a business world interconnected by transparency and reliability. Based in Hong Kong and connected with the global community, RD Technologies was born out of a mission to enable businesses to gain easier access to financial services, enhance trade efficiency, and promote the development of Hong Kong as a trade hub in Asia and an international financial centre. For details about RD Technologies: https://rd.group

HKDR Stablecoin (HKDR): 

HKDR Stablecoin (HKDR) is a Hong Kong Dollar stablecoin 1:1 backed by the Hong Kong dollar, with high-quality and highly liquid assets safekept in segregated custody accounts with licensed financial institutions. Details of the reserves will be available to the public through regular independent attestation reports.  In July 2024, RD InnoTech Limited, was among the first batch of entities to be admitted to the stablecoin issuer sandbox by the Hong Kong Monetary Authority.  RD InnoTech Limited will abide stringently by the regulatory requirements for the launch of HKDR to contribute to the continuous development of Hong Kong as a global Web3 and virtual asset hub. For details about HKDR: https://rd.group/hkdr

SOURCE RD Technologies

JotPsych Secures $5M Seed Round from Base10 Partners, Fast-Tracking Transition to First Fully Agentic EHR

WASHINGTON, July 29, 2025 — JotPsych, creator of the leading AI scribe for behavioral health, today announced it has raised $5 million in seed funding led by Base10 Partners.

JotPsych’s core initial offering is an AI-scribe for behavioral health providers. The software reduces documentation time by 90%+ and is radically customizable and responsive to clinician’s preferences and behaviors. In 2024, JotPsych grew by over 1300% and has now processed over 1,000,000 patient encounters. Base10’s commitment positions JotPsych to rapidly transform from a best-in-class AI scribe into the first fully agentic Electronic Health Record (EHR).

Founded by CEO Nathan Peereboom and CTO Jackson Bierfeldt in 2023, JotPsych launched with a singular goal: to fully eliminate administrative tasks for behavioral health clinicians. The AI scribe functionality was always step one of a broader vision: to become the “spinal cord” of every clinic,  automating scheduling, billing, e-prescriptions, care coordination, and more under one “agentic” umbrella.

“When we launched JotPsych, our mandate was simple: slash the 4+ hours a day clinicians waste on narrative paperwork,” said CEO and Co-Founder Nathan Peereboom. “Now, with Base10’s support, we’re shifting into high gear to build the first AI EHR that streamlines every leg of the patient journey. By removing any liquidity concerns for the foreseeable future, this partnership grants us our most precious resource: focus.”

Base10’s investment will accelerate product velocity—enabling JotPsych to hire engineering talent, ramp up research and development, and offer a more complex product to customers. JotPsych’s upcoming features will integrate intake forms, automated coding and billing, prescription management, and intelligent scheduling, all while leveraging real-time patient data to dramatically reduce the burden on clinicians and improve patient outcomes.

“We believe AI will transform healthcare, and JotPsych has the right team, technology, and traction to lead that charge,” said Rexhi Dollaku, General Partner at Base10 Partners. “In the next few years, there will be a landgrab among agentic EHR solutions—platforms that don’t just document care but actively orchestrate it. JotPsych is positioned to pioneer this new era.”

About JotPsych
JotPsych (SmartScribe Corp) is a healthtech startup pioneering the first fully agentic EHR. JotPsych’s AI platform eliminates administrative overhead, allowing clinicians to focus on patient care. For more information, visit www.jotpsych.com.

About Base10 Partners Founded by Adeyemi Ajao and TJ Nahigian, Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and in companies that are automating sectors of the Real Economy. Through its program the Advancement Initiative, Base10 donates a portion of firm profits to underfunded colleges and universities to support financial aid and other key initiatives. Portfolio companies include Notion, Figma, Stripe, Popmenu, and Nowports. Connect via base10.vc.

For media or career inquiries, please reach out to [email protected]

SOURCE JotPsych

EZEE FIBER INVESTS OVER $400 MILLION TO EXPAND FIBER-TO-THE-PREMISES NETWORK INTO THE GREATER CHICAGOLAND AREA

Ezee Fiber will create over 400 employment opportunities throughout the region, including construction personnel, installation technicians, sales, marketing, and community engagement associates. The company intends to establish a regional headquarters in Elk Grove Village, IL, and has already begun posting available positions.

“I’m proud to bring Ezee Fiber’s award-winning multi-gig internet service to Chicagoland. Residents and businesses will enjoy a significantly better internet experience driven by our advanced fiber internet and Wi-Fi 7 products,” says Matt Marino, Chief Executive Officer, Ezee Fiber.

“Our customers have honored us with a 4.9 Google rating and thousands of 5-star reviews. Additionally, Ezee Fiber has been recognized with PC Mag’s Fastest ISPs 2025 award and multiple Speedtest.net awards for outstanding speed and reliability. There are no term contracts, fees, or data caps. Our service includes transparent pricing and friendly, local customer service. Long wait times, outdated technology, confusing bills, pricing gimmicks, and frustrating customer service will be history for any new Ezee Fiber customers.”

“We’re thrilled to welcome Ezee Fiber to Chicagoland as we continue to prioritize modernizing infrastructure and expanding digital access for all residents,” David Pileski, Mayor of Roselle, adds. “Increased competition in the fiber internet market drives innovation, improves service, and delivers real value to our community. Whether you’re working from home, running a business, or just streaming your favorite show, this investment ensures Roselle stays connected and competitive well into the future.”

Greg Thomas, Senior Vice President and General Manager, Ezee Fiber’s Midwest Region, notes, “We are excited for residents and businesses across Chicagoland to soon enjoy our best-in-class, multi-gig fiber internet. This ambitious build targets more than 85 municipalities. Reliable and transparent fiber internet service is long overdue in these communities, and Ezee Fiber is committed to delivering it. Our expansion will provide future-proof connectivity to neighborhoods, condos, apartment buildings, master-planned communities, schools, small businesses, and large enterprises alike—backed by our dedication to simplicity, reliability, and exceptional local support. Residential customers will have access to multi-gig symmetrical fiber internet speeds up to 8 Gig, while business customers can expect dedicated enterprise-level speeds up to 100 Gig.”

Over the past 18 months, Ezee Fiber has announced major expansions, including a $200 million investment in Houston, a $250 million expansion in New Mexico, a $400 million expansion in Washington state, and its latest $400 million expansion into the Chicago metropolitan area. Additionally, Ezee Fiber recently announced the acquisition of Tachus Fiber Internet, a leading fiber optic ISP headquartered in The Woodlands, Texas.

Marino noted further expansions into additional U.S. states are planned throughout 2025 and beyond.

Residents and business owners can visit ezeefiber.com to learn more, check availability, and pre-register for service to be among the first to receive Ezee Fiber internet.

About Ezee Fiber

Ezee Fiber is a rapidly growing, Houston-based fiber internet provider delivering premium multi-gig service to residential, business, and government customers over a 100% fiber-optic network—at exceptional value. The company’s carrier-grade infrastructure spans Texas, New Mexico, and Washington, and is supported by local teams who live and work in the communities it serves.

Ezee Fiber’s industry-leading speeds, award-winning local customer service, and transparent pricing model set the company apart from the competition.

Learn more at www.ezeefiber.com

SOURCE Ezee Fiber

Planted Solar Secures $12M to Accelerate Solar Deployment

Company Helps Developers and Independent Power Producers Unlock Solar
Projects with Smarter, Faster, and More Cost-Effective Solutions, Welcomes
Piva Capital as Investor 

OAKLAND, Calif., July 29, 2025Planted Solar, the solar deployment platform helping project developers build faster, smarter, and more profitably, today announced a $12 million funding round anchored by Piva Capital, with participation from existing investors Breakthrough Energy Ventures, Khosla Ventures, and Team Builder Ventures. This investment comes at a critical juncture as the U.S. solar industry grapples with unprecedented demand and increasing deployment challenges. 

Solar Demand is Surging but Deployments Can’t Keep Up

U.S. demand for clean energy is skyrocketing—84% of new power capacity added in 2024 came from solar and storage—but the industry’s ability to keep pace is faltering. At a time of record growth, developers face land constraints, soaring costs, and execution challenges that are slowing project timelines, shrinking viable pipelines, and delaying urgently needed capacity.

Enter Planted:  Rethinking How Solar Gets Built

Traditional solar deployment remains too slow, costly, and fragmented—developers juggle dozens of suppliers, rigid hardware, and manual installation processes. Founded in 2020, Planted Solar was created to replace this outdated model with a fully integrated platform that streamlines every step of project delivery.

“We’ve seen the headlines, but the real story is happening behind the scenes,” said Eric Brown, CEO of Planted Solar. “Forward-looking developers are still moving, and we’re helping them move faster. We’re rethinking solar deployment to deliver what developers urgently need to build energy generation capacity today: less risk, better returns, and faster time to power. Piva’s deep experience with energy innovation and alignment with our vision of abundant and affordable energy make them an ideal partner as we scale to deliver the smarter approach that the solar industry needs.”

Here’s how it works:                                                                                                

  • Smarter Digital Planning – Planted’s software replaces fragmented tools with a unified workflow that generates optimized layouts, energy models, and engineering drawings—feeding directly into field execution to accelerate timelines.
  • High-Density, Terrain-Following Hardware – Planted’s arrays reduce land requirements by half and eliminate the need for costly site grading, unlocking new project sites that were previously infeasible.
  • Rapid Installation Tools – Field robotics and simplified components enable faster builds with smaller crews, increasing labor productivity and minimizing errors in the field.

The result: developers can deploy solar projects twice as fast, with lower costs and less risk, while expanding pipelines and improving project economics in today’s challenging market.

Key benefits of Planted’s system include:

  • 50% less land use compared to traditional solar
  • Terrain-following arrays that unlock slopes of up to 27%
  • 2x faster time to power, accelerating manufacturing and data center build-outs
  • 70% less steel required, reducing material and logistics costs
  • 30% lower cost of energy, enabling better returns for developers and investors

Partnering with Piva Capital to Deliver the Technology the Industry Needs Now

“Solar developers don’t have a decade to solve these problems—the crunch is happening right now,” said Mark Gudiksen, Managing Partner at Piva Capital. “Planted Solar’s platform clears some of the industry’s biggest roadblocks by making it faster and cheaper to get projects in the ground. This is exactly the kind of pragmatic innovation the energy transition needs.”

With the new financing, Planted Solar plans to accelerate the development of its digital and hardware solutions, expand deployment capacity, and forge strategic partnerships globally. The company is currently executing projects across the U.S., ranging from community solar installations to behind-the-meter systems for hospitals and infrastructure, while ramping up in international markets such as Asia-Pacific and Europe, where demand for land-efficient clean energy is surging.

About Planted Solar
Planted Solar is redefining solar deployment with an integrated hardware and software platform that pairs high-density, terrain-following arrays with automated installation. Planted’s smarter, streamlined approach helps developers, EPCs, and IPPs unlock more land, lower costs, and build projects in half the time—delivering stronger project outcomes and accelerating the delivery of abundant energy. Learn more at www.plantedsolar.com.

About Piva Capital
Piva Capital is a San Francisco-based venture capital firm investing in visionary entrepreneurs solving the world’s critical industrial challenges with breakthrough technologies and innovative business models. For more information, visit Piva.vc, or the company’s LinkedIn and Medium profiles.

Media Contact
Mary Magnani
CodePR
[email protected]

SOURCE Planted Solar

Arbital Health Secures $31M Series B to Scale Infrastructure for Value-Based Care Risk Contracting

As healthcare providers and payers expand into more outcomes-based payment models, Arbital Health has developed a platform to reduce complexity and administrative burden while ensuring that all market participants can better monitor and improve their performance. Arbital Health’s platform is powered by its best-in-class actuarial team, which includes some of the most experienced value-based care experts in the country.

“Arbital Health has built something the healthcare industry desperately needs: the critical infrastructure that empowers payers and providers to reconcile their risk-based contracts with accelerated performance insights,” said Mike Spadafore, Managing Director at Valtruis. “By combining healthcare’s top actuaries with an advanced, AI-powered platform that automates complex actuarial workflows, Arbital Health is transforming how financial, and performance risk is understood and managed across the system. We’re proud to support their team as they drive growth, value, and better outcomes in healthcare.

Since its founding in 2024, Arbital Health has built its client roster to include more than 40 payers, providers, digital point solutions, value-based care enablers, and integrated delivery networks. In addition, Arbital has launched and onboarded more than 600,000 patient lives to its platform and assembled the most experienced value-based care actuary team to meet the growing demand to better manage complex risk-based contracts. Over the last year, the company has expanded strategic partnerships with organizations including HarmonyCares, Aligned Marketplace, Arkos Health, and Complete Health.

“Value-based care remains the most effective way to align financial results with better patient outcomes and build a more sustainable healthcare system. However, aligning on outcomes remains overly complex and healthcare organizations today lack the transparency, tools, and support needed to succeed,” said Brian Overstreet, Co-Founder, President, and CEO of Arbital Health. “Travis May and I founded Arbital Health to solve this challenge by building the critical infrastructure for the market, powered by leading actuarial expertise and AI-driven technology. By enabling our clients to better monitor, manage, and reconcile risk-based contracts, we’re helping them make smarter decisions, reduce financial risk, and improve patient outcomes. This new funding will accelerate our mission to transform how the industry manages value-based care.”

About Arbital Health
Arbital Health provides the critical infrastructure for providers and payers to successfully manage risk-based contracts. With the industry’s leading value-based actuaries and robust AI-powered platform, Arbital Health accelerates contract performance monitoring and decision-making, centralizes fragmented data, and automates contract reconciliation across all major risk models. By reducing complexity and administrative burden, Arbital Health ensures value-based care contracts deliver on their promise of better patient outcomes and sustainable financial performance. Arbital Health is led by a best-in-class team of healthcare actuaries, engineers, and industry veterans, and backed by leading investors Valtruis, Transformation Capital, Shaper Capital, and Healthy Ventures. For more information, visit arbitalhealth.com.

Contacts
Emily Poe | [email protected] 

SOURCE Arbital Health

Wingspan Raises $24M Series B to Scale Embedded Contractor Management and Capture $1.4T Market

Series B led by Touring Capital will propel Wingspan’s mission to make flexible work effortless; launch of Wingspan Embed brings comprehensive contractor management to HR platforms

NEW YORK, July 29, 2025Wingspan, the first modern payroll platform purpose-built for contractor management, announced that it has raised $24 million in Series B funding led by Touring Capital, bringing its total capital raised to $54 million. Existing investors Andreessen Horowitz, Long Journey Ventures, Distributed Ventures, Company Ventures, and 186 Ventures also participated.

Wingspan is on a mission to make contract work effortless for everyone. In less than three years, the company expanded its customer base by 200%, increased average ACV by 5x, supported 12x more contractors, and processed $3B+ in payments. Wingspan’s rapid adoption across various industries signals that businesses are urgently seeking infrastructure to manage this workforce transformation.

“From day one, we knew the real problem existed at the intersection of company and contractor. We strategically started by building for freelancers—learning their pain points around income, benefits, and taxes—then leveraged those insights to create the comprehensive platform that businesses desperately need. We’ve now completed the circle with the only solution that truly works for both sides,” said Anthony Mironov, Co-founder and CEO of Wingspan. “The workforce composition is changing, and platforms that plan for this shift now will be well-positioned for the long haul.”

Roughly 40% of U.S. workers have performed contract work in the last year, and businesses increasingly rely on contingent labor to scale efficiently. More than $1.4 trillion dollars is paid out to contractors annually, or 4% of GDP, across an estimated 74 million contractors, per MBO Partners. In many ways, contractors are the backbone of the U.S. economy. By 2027, half of American workers are projected to earn some income from independent contracting, marking one of the most significant shifts in modern employment composition.

Wingspan is utilized by a range of contractors, from Omni’s gig workers to CRU Group’s insurance adjusters. Teladoc Health, Inc. (NYSE: TDOC) leverages Wingspan to provide its 10,000 healthcare providers with a seamless payment experience, saving the company an average of 28 hours per month on payment processing.

“Working with Wingspan has completely transformed the way Teladoc manages 1099 Provider Payroll,” said Tricia McGimpsey, VP, Payroll at Teladoc Health. “It’s an incredibly seamless process now.”

In addition to its Series B raise, Wingspan is announcing Wingspan Embed, a new solution that enables HR platforms to transform the way they manage and support contractors. The comprehensive feature set goes beyond contractor onboarding, tax automation, and payments to elevate the contractor experience with value-added financial services including tax withholding, debit cards, instant payouts, and insurance. Wingspan Embed’s modular and embeddable API-first architecture plugs directly into any HR platform; partners can choose from a white labeled solution, modular pre-built UI components, or a deeper, native integration. With Wingspan Embed, HR platforms become the central hub for managing a modern, flexible workforce.

“Wingspan Embed fundamentally changes what HR platforms can offer their customers. Instead of forcing businesses to juggle multiple systems, they can now manage their entire contingent workforce where they already work,” continued Mironov. “This funding accelerates our ability to help HR platforms unlock new revenue streams, reduce customer churn, and handle compliance complexities that have held them back from serving the contractor economy.”

The funding will accelerate Wingspan Embed’s adoption across HCM and HR platforms while expanding the company’s footprint in key verticals—healthcare, insurance, staffing, and professional services—where flexible workforces dominate. Wingspan will continue to invest in its world-class team while launching AI-powered products that apply the latest advances in AI technology to automate contractor compliance, streamline payments, and solve the complex challenges of managing flexible workforces at scale in ways that were never possible before.

“Wingspan is a scalable, intuitive product solving a critical market need, led by a visionary founding team,” said Priya Saiprasad, General Partner at Touring Capital. “The company’s extraordinary growth and rapid adoption by prominent HR platforms gave us the conviction to lead this funding round. We are proud to support Anthony, Greg, and the entire Wingspan team as they continue to modernize the infrastructure for contract work.”

“Wingspan cracked the code on making flexible work work—for platforms and the businesses they serve. Every platform will need a contractor stack—the smart ones will embed Wingspan,” said David Ulevitch, General Partner at Andreessen Horowitz.

To learn more about Wingspan Embed, visit https://www.wingspan.app/wingspan-embed.

About Wingspan
With 12x growth in contractors served and over $3B in total payments made in the past 3 years, Wingspan is on a mission to make flexible work effortless. As the first payroll platform for independent contractors, Wingspan provides platforms and their customers with the tools to efficiently and effectively manage contractors at scale – ensuring timely payments, access to optional insurance products and simplified onboarding. Wingspan was founded by Anthony Mironov and Greg Franczyk, whose backgrounds in financial services, small business payroll and benefits, and platform engineering gave them the tools to reinvent how companies support the way people work now. Learn more at https://www.wingspan.app/.

SOURCE Wingspan

4AG Robotics Raises $40 Million Series B to Accelerate Global Adoption of Autonomous Mushroom Harvesting

SALMON ARM, BC, July 29, 2025 – 4AG Robotics, the global pioneer in fully autonomous mushroom harvesting, today announced the close of its $40 million CAD Series B financing, led by Astanor and Cibus Capital, with support from new investor Voyager Capital and existing investors InBC, Emmertech, BDC Industrial Innovation Fund, Jim Richardson Family Office, Stray Dog Capital and Seraph Group. This round follows a $17.5 million round in 2023, bringing total capital raised to $57.5 million in the past two years.

The funding positions 4AG to meet surging global demand for its robotic harvesting platform, already in use across Canada, Ireland, and Australia, with new deployments soon to be underway in the Netherlands and the United States.

“This funding helps us leap from a start-up proving our product works to a scale-up manufacturer trying to keep pace with demand,” said Sean O’Connor, CEO of 4AG Robotics. “In just two and a half years, we’ve gone from asking farms to trial our technology to having deposits for over 40 additional robots. As one of the first companies to fully automate the human hand in produce harvesting, we’re ushering in a new era for mushroom farming.”

4AG’s system uses AI-powered computer vision, precision suction grippers, and advanced motion control to autonomously harvest, trim, and pack mushrooms 24/7—without manual labor. Designed to retrofit into existing Dutch-rack infrastructure, the robots enable consistent quality, reduced labour costs, and real-time operational data for growers.

“What sets us apart is we are not just a theoretical robotics project that works in a controlled lab environment—it’s the real world experience and the systems thinking that is critical to working with the complexity of real farm environments, and being able to deliver commercially successful automation into those environments” said Chris Payne, COO of 4AG Robotics.

The investment marks Astanor’s entry as a major partner to 4AG Robotics.

“We believe that, of all the agricultural sectors, mushrooms are the most poised for robotic solutions—and we believe that 4AG is not only the clear global leader today, but also has the potential, thanks to AI advances and their rich image data, to drive up yields and reduce inputs across the industry.  4AG could be at the forefront of the transformation of agriculture through AI and robotics,” said Harry Briggs, Partner at Astanor Ventures.

Cibus Capital, a leading agri-food tech investor based in the UK, also joined the round to support 4AG’s continued expansion into Europe and beyond.

“We are very excited to partner with 4AG, the global leader in agricultural harvesting robotics. Mushroom farming presents an enormous opportunity to utilise robotics and AI to drive labour optimisation together with higher yields and improved quality,” said Archie Burgess, Investment Director at Cibus Capital. “The impressive 4AG team has already developed a fleet of robots that pick up to 1 million mushrooms per week. We look forward to supporting them in accelerating this trajectory.”

The global mushroom sector—expected to surpass $70 billion by 2030—continues to face labour shortages and margin pressure. In western markets, harvesting accounts for up to 50% of production costs. These challenges are amplified by the constant need of harvesting, with mushrooms doubling in size every 24 hours, and farms needing to harvest their crops everyday of the year. 4AG’s plug-and-play robotic fleet offers growers a path to long-term competitiveness without reconfiguring their entire operation.

“We’re not just building robots—we’re building a new operating system for the mushroom industry,” said Michelle Lim, VP of Growth at 4AG Robotics. “Growers want tech that works out of the box, delivers ROI in under three years, and scales globally. That’s what we’ve built. And this funding gives us the fuel to move even faster.”

With this capital, 4AG Robotics will:

  • Expand its manufacturing footprint in Salmon Arm, BC
  • Grow its field service and customer success teams
  • Accelerate development of next-gen features like punnet packing, disease detection, and AI-driven yield optimization

About Astanor
Astanor is a leading impact investor transforming the agrifood sector, “from soil to gut” by backing ambitious entrepreneurs building scalable solutions for a regenerative, climate-positive future. Learn more at https://astanor.com/

About Cibus Capital
Cibus Capital is a London-based sustainable food and agriculture investment firm advising over USD 1 billion. Founded in 2016, the Cibus funds invest in companies transforming the food and agriculture value chain towards commercial viability, sustainability and resilience. Learn more at https://www.cibusfund.com/

About 4AG Robotics
4AG Robotics builds fully autonomous harvesting systems that replace manual labour in commercial mushroom farms. Its AI-powered robots pick, trim, and pack mushrooms directly from existing infrastructure—around the clock, with precision and consistency. Founded in Salmon Arm, British Columbia, 4AG is active across five countries and backed by leading global investors. Learn more at http://www.4ag.ai .

SOURCE 4AG Robotics

Reach Security Announces $10 Million Strategic Investment from M12, Microsoft’s Venture Fund with Support from Artisanal Ventures and Other Existing Investors

Investment validates Reach’s domain-specific AI approach for exposure management; new ConfigIQ Drift™ module enables customers to define and detect drift across SaaS and On-prem environments.

SAN FRANCISCO, July 29, 2025Reach Security, the AI-powered assistant for operationalizing security controls across the enterprise turning intent into enforcement and helping organizations fix what matters across SaaS and on-prem environments, today announced a $10 million strategic investment from M12, Microsoft’s Venture Fund, and existing investors including Artisanal Ventures. The investment highlights M12’s belief in domain-specific AI as a transformative force in cybersecurity and underscores Reach’s leadership in enabling AI-powered exposure management.

As part of the announcement, Reach introduced ConfigIQ Drift™, a virtual assistant that allows security teams to define and enforce configuration drift detection without the need for deep configuration expertise or code skills. The company also previewed its upcoming Asset Intelligence capability, which will bring full-context visibility across identities, devices, and workloads to further enhance prioritization and remediation workflows.

Why M12, Microsoft’s Venture Fund Invested
M12’s investment reflects growing momentum in the exposure management category, with a focus on how virtual security assistants can drive adoption of security capabilities and automation in drift detection, policy enforcement, and remediation. M12 identified Reach’s unique combination of domain-specific language models (DSLM), operational automation, and real-world traction as key differentiators.

“Reach is redefining what actionable exposure management looks like,” said Todd Graham, Managing Partner at M12. “Their AI-powered assistant and extensible platform align directly with the needs of enterprise customers adopting Zero Trust, navigating compliance frameworks like CMMC, and helping customers migrate to or even activate underused capabilities in Microsoft 365 E5.”

Introducing ConfigIQ Drift™: A Virtual Assistant for Security Configuration
Reach launched its first drift capability three months ago. Today’s release of ConfigIQ Drift™ expands that foundation with a capability enabling customers to write their own drift detection rules. This makes it easy to define a baseline or “gold image” of intended configurations specifying exactly what to monitor for drift. For the first time, customers can now detect deviations across both SaaS and on-prem security products from a single, centralized location.

“Security teams aren’t just overwhelmed, they’re under-leveraged,” said Garrett Hamilton, CEO and Co-founder of Reach Security. “This partnership with M12 validates our belief that the next generation of cyber defense will be AI-powered, assistant-driven, plus deeply operational and focused on creating leverage for companies and their security tools. We’re building the infrastructure for that future today.”

Use Case Highlights: Zero Trust, CMMC, and Microsoft E3 to E5 Optimization
Reach is enabling real progress across a wide spectrum of high-priority security initiatives:

  • Zero Trust: Aligning enforcement with ZT principles across identity, email, endpoint, and network controls
  • CMMC 2.0: Mapping controls to live configurations and detecting drift in real time
  • E3 to E5 Optimization: Helping organizations unlock the full value of Microsoft 365 by:
    • Mapping current posture and identifying gaps
    • Accelerating feature deployment through guided config generation
    • Monitoring for drift post-activation
    • Sustaining ROI with ongoing validation and insights

“Zero Trust is more than a framework, it’s a shift in how we operationalize protection,” said Jay Wilson, CISO at Insurity. “Reach is making it possible for us to move from planning to execution faster than we thought possible.”

Looking Ahead: Asset Intelligence and Adaptive Enforcement
Reach also previewed its upcoming Asset Intelligence capability. This will provide continuous insight into the security relevance, control coverage, and posture history of each identity, device, and workload. By combining that context with natural language rule authoring, Reach aims to deliver truly adaptive, assistant-driven enforcement.

Industry Recognition

Gartner® recently noted the importance of automation in exposure management:

“To combat the speed at which attackers exploit vulnerabilities, there will be a shift toward end-to-end automation of exposure management, including: continuous discovery, assessment, prioritization, validation and remediation of exposures.”
Gartner, Emerging Tech: The Future of Exposure Management is Preemptive, by Elizabeth Kim, Apoorva Chhabra, 25 June 2025

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

SOURCE Reach Security