VIENNA, Va., Feb. 2, 2026 — DC Capital Partners (“DC Capital”), a private equity investment firm with deep expertise in Government and Engineering markets, announced today that it has made a majority investment in Knexus, a provider of applied artificial intelligence (“AI”) capabilities supporting complex, mission-critical government programs.

Founded in 2006 and headquartered in Vienna, Virginia, Knexus is a trusted partner to U.S. defense and civilian agencies, designing, building, and operating enterprise-grade AI systems that enable secure adoption of next-generation AI in production environments. The Company maintains long-standing client relationships across defense and civilian agencies and has tremendous expertise in deploying Google enabled AI solutions. Knexus is a Google Public Sector Premier Partner, implementation partner for Gemini for Government and received the 2025 Google Cloud Partner of the Year Award for Business Applications in Government, reinforcing its role as a trusted bridge between leading commercial AI technologies and federal mission requirements.

“The U.S. Government’s focus on artificial intelligence continues to accelerate as agencies seek to modernize operations, improve readiness, and enable faster, more informed decision-making,” said Thomas J. Campbell, Founder and Managing Partner of DC Capital Partners. “Knexus has built a differentiated capability at the intersection of AI and mission execution. We are excited to partner with the Knexus team to support the next phase of growth through investment in business development, technology, and operations, consistent with DC Capital’s systematic approach to building durable, mission-focused government technology platforms.”

“The partnership with DC Capital represents a pivotal milestone for Knexus,” said Adam Lurie, Chief Executive Officer of Knexus. “Over the last several years, our team has made meaningful progress building a modern applied AI platform purpose-built for government missions. We have had a front row seat to witness how AI can be leveraged for the public good and this partnership with DC Capital will accelerate our ability to scale and put AI Solutions in the hands of our customers.”

“Knexus stands out for its ability to move AI from concept to production in environments where reliability, security, and trust are paramount,” said Jerry Chernock, Partner at DC Capital Partners. “The Company’s combination of technical depth, disciplined delivery, and strong customer relationships aligns well with DC Capital’s focus on building scalable, execution-driven platforms and positions Knexus well as AI adoption continues to expand across the federal government.”

DC Capital has a long-standing investment focus on government services and defense technology; themes the firm and its principals have pursued for more than three decades in support of the government’s most critical missions. Recent investments in these sectors include C5MI, Rivencore Global Solutions, Valkyrie Enterprises, SiOnyx, Hill Technical Solutions, Digital Force Technologies, Revenue Solutions, and Owl Cyber Defense Solutions with past successful investment exits including National Interest Security Company (“NISC”), SC3 and QRC Technologies.

About Knexus

For two decades, Knexus has worked with dozens of agencies across the US Government as a trusted partner to deliver tailored AI solutions to mission-critical problems. With three patents and over 100 peer reviewed scientific papers, the scientists and engineers of Knexus are routinely advancing the frontier between human and machine intelligence. As a Google Cloud Premier Partner and 2025 Google Cloud Partner of the Year for Business Applications in Government, Knexus offers its customers expertise in working with Google Cloud’s AI products, such as the Vertex AI platform and Gemini models, to deliver AI solutions to the public sector.

Learn more at www.knexus.ai.

About DC Capital Partners

DC Capital Partners is a private investment firm headquartered in Alexandria, Virginia, that partners with founder-led and management-owned businesses in U.S.-based Government and Engineering markets. The firm makes control investments in differentiated middle-market companies and takes an active ownership role, drawing on deep sector knowledge to build enduring, high-quality platforms. The firm’s disciplined, repeatable investment process has supported a track record of successful exits and long-term partnerships.

For more information, visit www.dccp.com.

SOURCE Knexus; DC Capital Partners

Nyca Partners led the round and Osama Bedier, former Google and GoDaddy executive, will join the company’s board

SAN FRANCISCO, Feb. 2, 2026 — Loop AI, the enterprise-grade AI platform purpose-built for the restaurant and retail back office, today announced its $14M Series A funding round. The round was led by Nyca Partners with participation from prominent investors Gokul Rajaram, Base10, Afore Capital, Converge, Alumni Ventures, Data Tech Fund, John Pepper, 9Yards Capital and Operators Studio. As part of the financing, Osama Bedier, investment partner at Nyca Partners and former Google and GoDaddy executive, will join Loop AI’s Board of Directors. 

“Loop sits at the intersection of several transformative trends in the restaurant industry, including the rise of AI, a growing focus on customer experience and the drive for greater operational efficiency. These will be essential pillars shaping the future of dining,” said Bedier. “Anand and Sundar are building a remarkable company and transformative technology that will be indispensable for restaurant operators. I’m thrilled to join them on this journey and to contribute to the company’s next phase of growth.”

As of 2025, the U.S. delivery market is valued at approximately $140B with a 10% market share. However, this is projected to surge to $1T with a 30% market share by 2035. As the fastest-growing channel in the industry, delivery is transforming restaurant operations from traditional back-of-house production models to dynamic, consumer-centric businesses. 

“Delivery is the new drive-thru, and it is poised to fuel the next decade of growth for the restaurant industry. As consumer behavior continues to shift towards takeout and delivery, our mission to make delivery more profitable for restaurant operators has never been more vital,” said Anand Tumuluru, co-founder and CEO of Loop AI. “We are incredibly grateful for the support from both new and returning investors in our Series A raise. Their backing empowers us to continue equipping restaurants with the essential tools they need to thrive amid shifting consumer preferences and industry dynamics.”

The shift towards delivery impacts everything from site selection and channel strategy to margins and overall efficiency. Loop AI’s technology empowers restaurant operators to embrace delivery as a growth engine, leveraging agentic workflows to maintain in-store level margins while scaling off-premise revenue.

“Loop AI has become an essential technology driving the explosive growth of our delivery segment,” said Robert Linder, CFO of California-based casual dining concept Lazy Dog. “By harnessing its powerful capabilities, we’re able to meet customers where they are and scale our delivery strategy with greater efficiency and precision.” 

This funding will be used to expand Loop AI’s product suite and grow headcount for their offices in New York, San Francisco, Tampa, and Bangalore. Since 2024, Loop AI has grown 6x to support thousands of restaurants. Using Loop AI’s agentic workflows, customers such as Lazy Dog and Starbird grew ~10% while growing their flow through.

“Over the past several years, Loop has helped us look at third-party delivery as a profitable growth channel,” said Aaron Noveshen, founder of The Culinary Edge and CEO of fast casual brand Starbird. “Loop’s technology has deepened our insights into customer behavior and preferences, helping us refine the way we serve them. We are excited to continue building on this strong partnership.”

About Loop AI
Founded in 2022 by a team of engineers and restaurateurs, Loop AI is the enterprise-grade AI platform purpose-built for the restaurant and retail back office. Operating as an agentic co-worker, Loop AI empowers brands to drive profitable growth by automating complex tasks across finance, operations and marketing. Loop AI is trusted by 300+ brands — both public and private — powering thousands of locations in the U.S. Learn more at LoopAI.com. 

Media Contact
Alexa Borislow
[email protected]

SOURCE Loop AI

Funding led by Lightspeed follows $60 million in EV sales since launch

SANTA MONICA, Calif., Feb. 2, 2026 — Plug, the marketplace built for buying and selling electric vehicles, today announced $20 million in Series A funding led by Lightspeed with participation from Galvanize and existing investors Autotech Ventures, Leap Forward Ventures and Renn Global. 

Plug is emerging as a core infrastructure layer for the rapidly expanding used EV market. Since its 2024 launch, the marketplace has facilitated more than $60 million in used EV sales, and in Q4 2025, the company sold more electric vehicles than it did during all of 2024.

This acceleration is fueled by a significant supply shift. More than 1.1 million EV lease returns, valued at an estimated $30B, are expected to enter the U.S. market over the next three years. As a result, dealers and commercial sellers need faster, more accurate and more predictable ways to process EV inventory, which is fundamentally different than internal combustion engine vehicles.

“The used EV wave isn’t coming, it’s here and building fast,” said Jimmy Douglas, founder and CEO of Plug. “Dealers are staring at a massive flux of off-lease EVs that could become their next major profit center. But you can’t manage EV valuations with petroleum-fueled vehicle assumptions. This is where Plug comes in.”

Built for EV transactions, not retrofitted for them

The Plug marketplace was built specifically for EV transactions. The platform provides: wholesale valuations based on its proprietary insights, real-time market and pricing signals, battery health intelligence and VIN-level vehicle data. 

As a result, most listings receive market-rate offers within 24 hours. This sales velocity enables the 600+ dealers and commercial consignors active on the marketplace to transact quickly and with confidence, while managing residual risk as EV volumes rise.

“The growth of the used EV market is driving a fundamental shift in how vehicles are valued and transacted,” said Justin Overdorff, Partner at Lightspeed. “Plug recognized early that electric vehicles require a fundamentally different approach and built a business around this need. With disciplined execution, EV-native data and an active marketplace, the company is well positioned to support dealers and commercial partners as EV volumes continue to rise.”

Leadership and board expansion

To further support its next phase of growth, Plug has expanded its leadership team and board. 

• Overdorff has been appointed to the board of directors, bringing deep marketplace and fintech experience with a track record of scaling platform businesses and supporting category-defining companies. 
• Kat Zhang, a partner at Lightspeed who works closely with the firm’s early-stage fintech founders, has also joined as a board observer.
• Andrew Maddox has joined Plug as head of finance, overseeing financial operations as the company scales, bringing experience from beatBread and TikTok. 
• Alexandra Yorke has joined the company as head of marketing, where she leads brand, positioning, and go-to-market strategy. She previously led marketing and growth initiatives at the dealer platform Signal Technologies.

The new capital will be used to exponentially grow Plug’s supply pipelines, develop more proprietary technology to evaluate EVs condition and capability and expand go-to-market capacity across wholesale and retail channels.

About Plug

Plug is the marketplace built for buying and selling electric vehicles. Through an EV-specific platform, Plug connects buyers and sellers across consumers, dealers, and commercial partners, supporting wholesale and retail transactions. Built for EVs, Plug uses real-time vehicle data and rapid inventory velocity to bring clarity, speed, and confidence to how electric vehicles move through the market. Learn more at www.plugmotors.com.

SOURCE Plug

20-year solar operator launches crowdfunding raise as grid strain and rising costs push homeowners toward energy independence

Fullerton, Calif., Feb. 2, 2026 — GigaWatt Inc. is making its next phase of growth available to public investors as the residential solar market faces a critical inflection point.

With federal tax credits phasing down and residential electricity costs up nearly 40% since 2021, homeowners are caught between expensive turnkey installers and bare-bones DIY kits that leave them stranded. GigaWatt has spent nearly two decades building the infrastructure to solve that gap, and now it’s accelerating development of its own branded hardware and software to scale a leaner alternative.

The raise is being conducted under Regulation Crowdfunding (Reg CF) and is open to both accredited and non-accredited investors, subject to applicable regulations. The offering is available through StartEngine, with a minimum investment of $500 and a maximum raise of up to $1,235,000 in non-voting Class B Common Stock. 

What the Capital Will Fund

GigaWatt plans to use the new capital to speed up development and certification of its Real Goods branded inverters, batteries, panels and the Real Goods Hub, a centralized software platform that connects hardware, streamlines support, and will integrate artificial intelligence to enhance diagnostics, system performance, and customer support. In the DIY solar market, where post-sale service is often a critical bottleneck, AI tools are expected to make expert assistance faster, smarter, and more scalable.

Additional funding will be directed toward expanding research & development, engineering, sales and marketing teams. The aim is to deliver fully integrated solar-plus-storage kits that are permit-ready and code-compliant, giving homeowners and small installers more confidence in setting up and using their systems. 

Track Record

“Over the past twenty years, we’ve quietly built the infrastructure that makes solar and storage accessible and reliable for everyday homeowners and small installers,” said Deep Patel, Founder & CEO of GigaWatt Inc. “This raise allows us to scale our integrated hardware and software platform faster, so more people can take control of their energy and build long-term resilience for their homes.”

Founded in 2006, GigaWatt has expanded into a multi-brand platform serving DIY and prosumer customers across the U.S. through well-known names such as Unbound Solar, GoGreen Solar, AltE Store and Real Goods. Since 2019, the company has installed thousands of kits nationwide, generated over $64 million in revenue, maintained strong gross margins and reported positive net income in both 2023 and 2024.

The Real Goods brand, which GigaWatt acquired in 2023, has deep roots in American renewable energy and sold the first solar panels directly to the public in 1978.

Investment Details

Additional investment details are available on StartEngine. 

As a Regulation Crowdfunding (Reg CF) offering, investments are speculative, involve risk and may result in the loss of capital. Prospective investors should review the full Form C and offer materials before making an investment decision. 

About GigaWatt Inc.

GigaWatt, Inc. is a California-based solar and battery storage platform dedicated to making energy independence affordable and accessible. Founded in 2006, the company focuses on providing high-quality solar kits and battery solutions for homeowners, DIYers, small businesses and contractors. With a family of trusted brands including GoGreenSolar, Unbound Solar and AltE Store, GigaWatt simplifies every step—from system design and permitting to installation and interconnection—helping users reduce energy costs and develop resilient, off-grid capable power systems. GigaWatt’s mission is to promote distributed energy adoption nationwide by offering reliable, scalable alternatives to traditional utility dependence. 

Media Contact
Daniel Ziolkowski
[email protected]
414-380-8602

SOURCE GigaWatt Inc.

SAN FRANCISCO, Feb. 2, 2026 — GrubMarket, the AI-powered technology enabler and digital transformer of the American food supply chain industry, as well as one of the largest private food technology and eCommerce companies globally, announced today that it has raised around $50 million in Series H financing from Future Food Fund, Portfolia Funds, Liberty Street Funds, RD Heritage Group, Flume Ventures, MY Securities, and other unnamed participants. This significantly up round values GrubMarket at a pre-money valuation of $4.5 billion.

This investment round follows a series of major milestones for the company. In June 2025, GrubMarket made its largest acquisition in history, acquiring Coast Citrus, a major provider of tropical produce in the U.S. In July 2025, GrubMarket launched the first-ever Inventory Management AI Agent for the food supply chain industry, which streamlines and automates critical inventory workflows. In September 2025, GrubMarket released the Reporting AI Agent, which automates AI-powered business analysis on custom schedules. In April 2025, the company acquired Delta Fresh Produce, a major produce distributor in Arizona. Furthermore, GrubMarket acquired Procurant, a leading Software-as-a-Service eCommerce and trading platform for the fresh produce industry, which facilitates $5.5 billion in Gross Merchandise Volume (GMV) annually for over 850 customers across 14 countries.

“GrubMarket has experienced an incredible acceleration in growth over the last 12 months and continues to stand out as the largest private food technology company in the United States. Since we have a self-sustaining business model, this funding round was not a necessity; rather, we saw it as an opportunity to align our company’s valuation with the new level of scale and strength that we have achieved with our eCommerce business growth, our AI-powered tech innovations, and the significant ongoing value we generate for the industry,” said Mike Xu, CEO of GrubMarket. “This Series H funding will turbocharge our AI software and business growth, and extend our eCommerce reach globally. We will increase our investment in people, financial infrastructure, technology, and acquisitions. Above all, we will continue to operate a self-sustaining business as the foundation of this company.”

As the only Enterprise AI solutions provider for the American food supply chain, a first mover in the tech-enabled B2B food eCommerce space, and a pioneer offering cutting-edge, AI-powered software-as-a-service solutions, GrubMarket uses technology to fundamentally transform the American and global food supply chain. GrubMarket was named to the prestigious CNBC Disruptor 50 list for three consecutive years, in 2023, 2024 and 2025 (No. 20).  In April 2025, GrubMarket was named “Inventory Management Solution Provider of the Year” by RetailTech Breakthrough Awards. In November 2025, GrubMarket was selected the winner of the 2025 “Sustainability in the Food Industry Award” by The Shelby Report. Today, GrubMarket operates in all 50 U.S. States and has a global presence in Argentina, Canada, Chile, Colombia, Egypt, India, Mexico, South Africa, and Spain, with plans to expand further across the U.S., Canada, South America, Europe, Africa, and other parts of the world. The company does business in over 70 countries globally.

GrubMarket’s Sustainable California initiative has been actively running since 2023, serving as a multi-faceted, company-wide initiative with a mission to preserve California’s farming environment, empower farmers, and reinvigorate the state’s fragile agricultural ecosystem. Since its inception, this initiative has promoted organic farming practices, supported reforestation, and distributed innovative technologies to support a more resilient and sustainable food system. Sustainable California has sponsored the successful planting of over hundreds of thousands of trees in diverse regions throughout the state; supported California farmers seeking organic certification; and contributed efforts towards protecting the State’s natural habitats, watersheds, and farmlands to ensure future agricultural prosperity. GrubMarket’s Sustainable California initiative for 2025 included partnering with One Tree Planted to plant over 100,000 trees in the Sierra Nevada region, which was severely damaged by the 2013 Rim Fire; providing California farmers with free access to GrubMarket’s AI-powered software for the duration of the year; and partnering with CCOF to continue its sponsorship of 10 socially disadvantaged farmers in California to complete the organic transition program and certification process.

“Portfolia is proud to be a long-time investor in Mike Xu and the GrubMarket team, through multiple funds.  Mike is a brilliant, strategic and persistent executive.  The team’s continued execution success validates our conviction in Mike’s leadership and in GrubMarket’s ability to redefine how food moves to our tables. We are thrilled to continue backing their vision to modernize food supply chains,” said Trish Costello, CEO & Founder of Portfolia Funds.

“As the venture arm of a company that operates a major online platform for fresh produce in Japan, we understand how hard it is to build a long-lasting business at scale, and we are impressed by GrubMarket’s strong execution and profitable growth trajectory. We are excited to support the company’s expansion and help accelerate its next phase of global growth,” said Hiro Hasegawa, Venture Partner of Future Food Fund.

Forward-Looking Statement

This announcement contains forward-looking statements. Forward-looking statements provide our current expectations or forecasts of future events. Forward-looking statements include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “strive,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Examples of forward-looking statements in this announcement include, but are not limited to, statements regarding our disclosure concerning the Company’s operations, cash flows, and financial position.

For Media Inquiries:

GrubMarket Media Team
Email: [email protected]

SOURCE GrubMarket

Firm exceeds $300 million target with Fund V; expands its base of limited partners; announces promotions of Dennis McWilliams and Omar Khalil to Managing Directors

AUSTIN, Texas, Feb. 2, 2026 — Santé Ventures, a leading early-stage healthcare and life sciences investment firm, today announced the close of its fifth fund with $330 million in committed capital, exceeding its $300 million target. Fund V will continue the firm’s focus on investing in innovative biotechnology, medical technology, and digitally enabled healthcare companies addressing significant unmet medical needs. This marks Santé’s largest fund to date and reflects a growing and increasingly diversified investor base.

“Fund V represents a continuation of our mission to partner with exceptional entrepreneurs driving breakthrough science and transformative healthcare solutions,” said Kevin Lalande, Founding Managing Director and Chief Investment Officer at Santé. “We are deeply grateful for the support of our limited partners, who share our conviction that innovation at the intersection of science, medicine, and technology can fundamentally improve patient outcomes.”

Since its founding in 2006, Santé Ventures has established a strong track record of identifying, building, and supporting companies that deliver meaningful advances across the healthcare landscape. The firm has served as lead venture investor in numerous successful exits, including Laminar (Johnson & Johnson), Farapulse (Boston Scientific), AbVitro (Bristol Myers Squibb), and Explorys (IBM Corp), among others.

Fund V will follow Santé’s established approach of thematic investing, rigorous scientific diligence, and hands-on company creation. The firm will continue to focus on early-stage opportunities with the potential to fundamentally improve patient care, particularly in areas characterized by clinical complexity, capital inefficiency, or outdated care delivery models. The close of Fund V also reflects an expansion of Santé’s limited partner base across both domestic and international markets, further validating the firm’s long-term strategy and performance.

In conjunction with the close of Fund V, Santé also announced the promotion of Dennis McWilliams and Omar Khalil to Managing Directors. Both have played integral roles in shaping the firm’s investment strategy and supporting portfolio company development.

“Dennis and Omar have been instrumental to our success and embody the collaborative, science-driven approach that defines Santé,” said Lalande. “Their leadership meaningfully strengthens our ability to partner with world-class founders and build companies that make a lasting impact on healthcare.”

About Santé Ventures
Founded in 2006, Santé Ventures is a specialized healthcare and life sciences investment firm with over $1 billion in capital under management. The firm invests in early-stage companies developing innovative new medical technologies, biotechnologies, and digitally enabled healthcare services. Recent Santé successes include Laminar (Johnson & Johnson), Farapulse (Boston Scientific), Healthcare Highways – CerpassRx (Nomi Health), Claret Medical (Boston Scientific), TVA Medical (Becton Dickinson), Millipede Medical (Boston Scientific), Molecular Templates (MTEM), AbVitro (Bristol Myers Squibb), and Explorys (IBM Corp). Santé invests nationally and has offices in Austin, TX and Boston, MA. For more information, please visit www.sante.com.

Media Contacts
Santé Ventures Press and Community Relations
[email protected]
512.721.1200

Ryan Walker, R.J. Walker & Co.
[email protected]

SOURCE Santé Ventures

NEW YORK and PARIS, Feb. 2, 2026 — Blue Water Venture Partners, LLC, led by New York–based investor Joseph Hernandez, today announced that it has entered into a Letter of Intent to acquire JACADI Paris, the iconic Paris-based children’s fashion brand renowned for its heritage, craftsmanship, and timeless French elegance.

Founded in Paris, JACADI Paris is recognized globally as one of the most prestigious children’s brands, with a legacy built on tradition, refinement, and exceptional quality. For generations, the brand has dressed children of royalty, heads of state, and families around the world who value classic French style and enduring craftsmanship.

Blue Water Venture Partners, LLC is committed to preserving the brand’s French spirit, heritage, and identity. The firm intends to maintain JACADI Paris’s operations and workforce in France, recognizing that the employees and artisans based there are central to what has made the brand exceptional for decades.

“JACADI Paris is a generational brand that represents the very highest standards of class, tradition, and craftsmanship,” said Joseph Hernandez, Founder of Blue Water Venture Partners, LLC. “We are deeply honored by the opportunity for potential stewardship of this iconic French maison. Our intention is to protect its heritage, preserve its French roots, and support the talented teams in France who have made JACADI Paris what it is today. We look forward to finalizing the transaction in the coming weeks.”

Cédric Dardenne, Chief Executive Officer of JACADI Paris, said: “We are very pleased by the potential of this transaction and the opportunities it may create for JACADI Paris’s continued growth. We see strong potential for expansion in North America, while maintaining our deep commitment to our customers across Europe, Asia, and the Middle East. Demand for French-made children’s apparel remains strong around the world, and we are proud of the trust families place in JACADI Paris. We would be excited to partner with Joseph Hernandez and Blue Water Venture Partners as we expand the brand and build on its global success with our teams and partners.”

Entering into this Letter of Intent reflects Blue Water Venture Partners’ strategy of investing in iconic, globally recognized brands with enduring cultural relevance and long-term growth potential.

The parties anticipate closing in the coming weeks.

About Blue Water Venture Partners, LLC

Blue Water Venture Partners, LLC is a global investment firm led by New York–based investor Joseph Hernandez, focused on acquiring and growing high-quality businesses across consumer brands, luxury, healthcare, and strategic industries, with a long-term, stewardship-oriented investment approach.

For further information on Blue Water Venture Partners, LLC, visit: https://www.bluewaterventurepartners.net/

About JACADI Paris

Founded in Paris, JACADI Paris is a world-renowned children’s fashion house celebrated for its timeless designs, exceptional craftsmanship, and commitment to French elegance. JACADI Paris has 293 points of sale worldwide (stores and websites).

For further information on Jacadi, visit: https://www.jacadi.com/

CONTACT:

Blue Water Venture Partners, LLC
Stephanie Mercier
[email protected]

SOURCE Blue Water Venture Partners, LLC

BENGALURU, India, Jan. 28, 2026 — Bengaluru-based aerospace components manufacturer JJG Aero has secured $30 million in Series B funding from Norwest. The capital will be deployed primarily to build and add capacity at its upcoming facility in North Bangalore, drive further vertical integration, and support other strategic initiatives. This round brings the total funding raised to $42 million and includes the $12 million Series A led by CX Partners in April 2024.

Established in 2008, JJG Aero specializes in manufacturing high-precision machined components with in-house special process finishing capabilities, serving the aircraft systems and engines segment. The company also operates a subsidiary that serves auto component and industrial segments. JJG Aero’s client roster includes American and European OEMs and Tier-1 vendors such as Collins Aerospace, Safran, GE Aerospace, Pratt & Whitney, Woodward, and Liebherr.

“The last five years have witnessed exponential growth for companies such as ours that possess the capabilities, processes, compliance standards, and customer relationships to meet global aerospace demand. The opportunity is immense. From having two small one-acre sites, we are now building a massive Unit 3 on a 10-acre site with further backward and forward integration, and space to expand into adjacencies at the opportune time,” said Anuj Jhunjhunwala, CEO of JJG Aero. “The aerospace supply chain is facing an all-time high demand from aircraft manufacturers, which legacy vendors in the Western world are struggling to meet. With our strengths and value proposition, we see ourselves as a key player for precision-machined components in the aerospace ecosystem. India has emerged as an attractive destination for sourcing components and parts by global leaders, and we are excited to be selected by so many marquee clients as a strategic growth vendor.”

“We are thrilled to invest in JJG Aero, our first investment in this segment. JJG Aero has demonstrated remarkable growth, with a CAGR of 35% over the last three years. This investment will enable JJG Aero not only to continue its growth trajectory through capacity addition but also to upgrade the quality of earnings by focusing on higher value-added components,” said Shiv Chaudhary, Managing Director at Norwest. “Indian businesses have a proven ability to provide high-quality products and services as an outsourcing partner to customers around the world. With strong industry tailwinds, we believe that aero-parts and component manufacturing is emerging as an important segment in India’s manufacturing outsourcing story. We believe JJG Aero is well-positioned to capitalize on these opportunities and further solidify its presence in the market.”

From simple 2-axis to complex 5-axis machining, JJG Aero offers a comprehensive range of manufacturing services, complemented by over 30 NADCAP-approved special processes, including electroplating, anodizing, paint, and NDT. The company also performs mechanical assemblies, testing, and other value-added services to its esteemed client base.

Veda Corporate Advisors acted as the sole transaction advisor on the deal.

About JJG Aero

Established in 2008, JJG Aero is a Bengaluru-based aerospace components manufacturer specializing in high-precision machined components with in-house special process finishing capabilities for the aircraft systems and engines segment. The company offers comprehensive manufacturing services from simple 2-axis to complex 5-axis machining, complemented by over 30 NADCAP-approved special processes, including electroplating, anodizing, paint, and NDT. JJG Aero serves a prestigious roster of American and European OEMs and Tier-1 vendors, including Collins Aerospace, Safran, GE Aerospace, Pratt & Whitney, Boeing, Woodward, and Liebherr. With a CAGR of 35% over the last three years, the company is expanding its capabilities through a new 200,000 sq ft facility on 10 acres in North Bangalore, targeting ₹1,000 Crore in annual revenue by 2032-33. JJG Aero also operates a subsidiary serving auto component and industrial segments. For more information, visit www.jjgmachining.com

About Norwest

Norwest is a global venture and growth equity investment firm managing more than $15.5 billion in capital. Since its inception, Norwest has invested in more than 700 companies and currently partners with more than 250 companies in its venture and growth equity portfolio. The firm invests in early- to late-stage businesses across key sectors with a focus on enterprise, healthcare and consumer. The Norwest team offers a deep network of connections, extensive operating experience, and a wide range of impactful services to help CEOs and founders scale their businesses. Norwest has offices in Menlo Park and San Francisco, Calif.; Mumbai, India; and Tel Aviv, Israel. In India, Norwest has a successful history in partnering with innovative companies across Financials, Industrials, Technology, Internet, Healthcare & Pharma and Consumer sectors. Some of the firm’s most notable investments in India include Swiggy, Sila, Regency Health, Amagi, Infinx, and Veritas Finance. For more information, please visit www.norwest.com.

SOURCE JJG Aero

• Alex Tzoukas joins Epikast’s Board of Directors
• Epikast co-founded by biotechnology luminary Dr. Stelios Papadopoulos

NEW YORK and ATHENS, Greece, Jan. 30, 2026 — Kos Biotechnology Partners (“Kos”), a global life sciences investment firm, today announced the closing of a financing round in Epikast, a premier provider of technology-enabled commercial and clinical services for the biopharmaceutical industry. This transaction marks the first investment from Kos’ inaugural fund, which is focused on a broad range of investment stages, including the seeding and scaling of high-impact life sciences platforms.

Kos led the round with significant participation from a syndicate of new and existing investors. In conjunction with the financing, Alex Tzoukas, Managing Partner and Co-Founder at Kos, will join Epikast’s Board of Directors.

The capital infusion will enhance Epikast’s proprietary technology platform and the scaling of its specialized service teams. Epikast bridges the gap between high-level medical expertise and cost-efficient operations by leveraging its Greece-based operational hub to serve global biopharmaceutical clients.

Alex Tzoukas, Managing Partner and Co-Founder of Kos Biotechnology Partners commented: “Epikast represents an exciting investment for our new fund. The company has developed a differentiated, tech-enabled pharma services model that addresses a clear inefficiency in how biopharma companies engage with healthcare providers and patients. We are pleased to lead this round and support the company as it scales.”

Dr. Stelios Papadopoulos, Chairman of Epikast, added: “We are pleased to welcome Kos Biotechnology Partners as lead investor in this round. Kos brings deep sector expertise and a strong connection to both the US and Greek innovation ecosystems, which aligns well with Epikast’s operating model. Alex’s addition to the board adds valuable perspective as we enter the next phase of growth.”

Dr. Simos Simeonidis, Managing Partner and Co-Founder of Kos Biotechnology Partners commented: “We are pleased to partner with Stelios and his team at Epikast with the first investment from our fund. Alex’s deep background as a life sciences investor, investment banker, and operator will further enhance the strong expertise already present on Epikast’s Board.”

Dr. Vangelis Vergetis, CEO of Epikast, concluded: “This financing reinforces Epikast’s strong momentum. We place a premium on partnering with individuals who bring deep expertise and strong judgment. Alex Tzoukas, Simos Simeonidis, and Nikos Kostaras exemplify that and will be valuable partners as we advance our next phase.”

About Epikast

Epikast is a technology-enabled biopharmaceutical services company headquartered in New York with core operations in Athens, Greece. The company provides a comprehensive suite of remote commercial, medical, market access, and patient support services. By combining highly trained medical professionals with a proprietary technology stack, Epikast delivers high-quality engagement and data-driven insights to biopharma clients at a significantly optimized cost structure. It currently partners with several global top 10 pharma companies and smaller biotechnology companies as they commercialize their products in the US and Europe.

About Kos Biotechnology Partners

Kos Biotechnology Partners is a global investment firm founded in 2025 by Dr. Simos Simeonidis and Alex Tzoukas, with a focus on identifying, supporting, and scaling innovative, high-potential opportunities in the life sciences sector. With the launch of its inaugural fund, Kos partners with experienced management teams to build enduring products, services, and platforms through strategic capital, deep operational expertise, and a long-term perspective on value creation.

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SOURCE Kos Biotechnology Partners