With a focus on investing and partnering with AI companies scaling into global champions, well over US$1 billion has been committed to the strategy by PSP Investments, CPP Investments, HOOPP, TD Bank Group, BMO Financial Group, CI Global Asset Management, and OPTrust, alongside other leading global investors.

TORONTO, Sept. 15, 2026 — Radical Ventures today announced the first close of the Radical Breakouts Fund, the largest-ever venture capital fund in Canada. Radical’s new late-stage strategy secured over US$1 billion in commitments, with investment from Public Sector Pension Investment Board (PSP Investments), Canada Pension Plan Investment Board (CPP Investments), HOOPP, TD Bank Group, BMO Financial Group, CI Global Asset Management and OPTrust, alongside other leading global investors. The announcement was made at the inaugural Canada Investment Summit in Toronto.

The multi-billion dollar Radical Breakouts Fund will invest in AI scale-ups on a path to becoming the next trillion-dollar businesses. It is designed for a market in which the most valuable companies stay private far longer than they once did, raising successive large private rounds and reaching the public markets already worth $100 billion or more. Capturing that value requires private capital at a scale that has, until now, existed almost exclusively in the United States.

Canada has produced some of the world’s most significant AI and deep tech companies, including Cohere, Waabi, Xanadu, Veeda and Aspect Biosystems, each backed by Radical Ventures. To keep growing, Canadian champions have consistently had to look outside the country for late-stage capital. The Breakouts Fund gives Radical greater capacity to back leading AI companies globally, including in Canada, while providing Canadian companies with a domestic source of late-stage capital at the scale they require.

“We compete to invest and partner with the best AI founders and companies in the world, and we win,” said Jordan Jacobs, Co-Founder and Managing Partner of Radical Ventures. “We have invested in Discovery Loop, Cohere, Waabi, World Labs, Veeda, Xanadu, Etched, Crusoe, Generalist, Prime Intellect, Decart, Latent Labs, Muon Space and Aspect Biosystems, just to name a handful of the Radical portfolio companies that are rapidly scaling. The world’s most important AI founders often choose Radical to incubate their startups and lead their investment rounds, from the first to the last. The result is a Canadian firm investing in Canada and globally, with the returns coming home.”

“Canada has never had a shortage of world-class AI companies. What we have lacked is capital at the scale required to keep them here as they grow,” Jacobs added. “For decades that meant our best companies looked to the United States to fund their most important years, and much of the value they created went with them. The Radical Breakouts Fund closes that gap.”

For Canadian pension funds and institutional investors, anchoring the Radical Breakouts Fund offers exposure to a category of value creation that has largely accrued to investors outside the country.

“Canada has emerged as a global leader in AI innovation, with exceptional talent, world-class research institutions, and companies that are setting new standards on the world stage. PSP Investments has been an anchor investor in Radical since the launch of their first institutional fund. We are proud to invest alongside a manager with the expertise, access and track record to identify and support the companies shaping the future. Ultimately, investments like these are about creating long-term value and supporting the retirement of those who protect and serve Canada.”
–  Deborah K. Orida, President and Chief Executive Officer, PSP Investments

“We have partnered with Radical Ventures since its first institutional fund in 2019, when we developed conviction in the team’s strategy, network and deep expertise in AI. With deep roots in Canada’s AI ecosystem, Radical has built access to promising companies both here and globally. The Breakouts Fund gives CPP Investments an opportunity to extend that partnership into later-stage companies as they scale, to deliver attractive long-term returns for the CPP Fund.”
– John Graham, President and Chief Executive Officer, CPP Investments

“Radical Ventures demonstrates the value of a Canadian company competing successfully on the global stage. Building on our existing partnership, the Radical Breakouts Fund gives HOOPP an opportunity to generate strong long-term returns for our members, deepen our exposure to and understanding of transformative AI technologies, and support Canadian companies with the potential to become global leaders.”
–  Annesley Wallace, President and Chief Executive Officer, HOOPP

“Canada has the talent and ambition to lead in AI; what we need is capital to scale Canadian companies into global champions. Led by AI experts, skilled investors and visionary entrepreneurs, the Radical Breakouts Fund will back leading AI companies at home and abroad, creating value for Canadians. We’ve partnered with Radical Ventures from the very beginning and are excited by its ability to help power Canada’s AI sector.”
–  Raymond Chun, Group President and Chief Executive Officer, TD Bank Group

“Canada has the talent and the resources to be an innovation leader across the board: from discovery to commercialization and adoption – helping to build the next era of world-class companies and the technologies that power them. As Canada’s first bank, we’ve been investing in innovation for centuries and are proud to support this next generation.”
–  Darryl White, Chief Executive Officer, BMO Financial Group

“Our extensive global search for a venture capital partner for Canadian investors in our private markets funds started with this question: ‘Who is at the epicentre of AI development?’ It quickly became obvious that a Canadian firm – Radical Ventures – was attracting exceptional talent and opportunities. We’re excited to continue working with the company to finance world-leading Canadian companies in this critical sector.”
– Marc-André Lewis, President and Chief Investment Officer, CI Global Asset Management

“Canada continues to produce world-class innovators and entrepreneurs. We are proud to invest in Canada’s next generation of success stories, generating value for our members while participating in the growth of an innovation economy that continues to compete on the world stage.”
– Peter Lindley, President and Chief Executive Officer, OPTrust

Radical Ventures has invested at every stage of company growth since its founding, from day-zero/incubation (Cohere, Waabi, World Labs) through pre-IPO. Alongside its Canadian portfolio, Radical has led rounds and invested in global AI companies, including Discovery Loop, World Labs, Etched and Crusoe.

The announcement was made as part of the official programming of the Canada Investment Summit, the first-ever gathering of global investors, chief executives and business leaders hosted by the Government of Canada in partnership with CPP Investments and PSP Investments to attract investment into Canada’s economy.

ABOUT RADICAL VENTURES
Radical Ventures invests and partners with the AI visionaries who will define the future, investing from day-zero incubations and seed through growth and pre-IPO scaling. Radical has offices in Toronto, San Francisco, London and New York. www.radical.vc

ABOUT PSP INVESTMENTS
The Public Sector Pension Investment Board (PSP Investments) is one of Canada’s largest pension investors with $320.6 billion of net assets under management as of March 31, 2026. It manages a diversified global portfolio composed of investments in capital markets, private equity, real estate, infrastructure, natural resources, and credit investments. Established in 1999, PSP Investments manages and invests amounts transferred to it by the Government of Canada for the pension plans of the federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police, and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. For more information, visit investpsp.com.

ABOUT CPP INVESTMENTS
Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Canada Pension Plan Fund in the best interest of the more than 22 million contributors and beneficiaries. In order to build diversified portfolios of assets, we make investments around the world in public equities, private equities, real estate, infrastructure, fixed income and alternative strategies including in partnership with funds. Headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At June 30, 2026, the Fund totalled C$863.6 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Instagram or on X @CPPInvestments.

MEDIA CONTACT
Aaron Brindle, Communications Lead, Radical Ventures
[email protected]

SOURCE Radical Ventures

WESTLAKE VILLAGE, Calif., Sept. 15, 2026 — Great American Capital Corporation (“GACC“), a partnership majority owned by GA Group and funds managed by Oaktree, today announced its participation in a new $600 million asset-based lending facility for a leading multi-channel retail and media company (the “Company“), arranged in connection with the Company’s successful completion of a financial restructuring process.

“This transaction demonstrates GACC’s ability to participate alongside best-in-class partners in complex, large-scale asset-based financing solutions,” said Eran Cohen, President and Chief Investment Officer of GACC. “We are pleased to provide additional liquidity and financial flexibility that will support the Company’s continued growth.”

About GACC™
Great American Capital Corporation, LLC, d/b/a GACC, is an asset-based lending platform designed to provide flexible capital solutions to mid-market companies with strong underlying collateral value. Leveraging GA Group’s deep understanding of asset values and extensive network, coupled with collaboration with Oaktree, GACC serves as a reliable and creative capital solutions partner.

About GA Group
GA Group is a privately held global firm offering a comprehensive set of tailored solutions to meet our clients’ diverse needs. Our experts provide advisory and valuation services, as well as monetize, lend against, and acquire assets across a broad range of sectors from both healthy and distressed companies. GA Group and its predecessors are celebrating 50 years of customer service, and the company’s leadership has over 100 years of collective experience in the industry. GA Group is majority-owned by funds managed by Oaktree Capital Management, L.P. For more information, please visit www.gagroup.com.

SOURCE Great American Holdings, LLC

Round co-led by Khosla Ventures and Kearny Jackson, Decimal’s AI Support Engineer helps Granola, Resilinc, Tealium, BuildOps, and Lucidworks resolve customer issues in minutes

SAN FRANCISCO, Sept. 15, 2026 — Decimal AI, the customer engineering platform for technical support teams, today announced $4 million in seed funding co-led by Khosla Ventures and Kearny Jackson, with participation from Atlassian Ventures and Weekend Fund. Additional backers include Claire Johnson, former COO of Stripe; Michelle Valentin, founder and executive chairman of Anrok; Rimple Patel, former CCO at Eightfold. The company is also introducing the Customer Engineering Platform, a new layer for software support that brings the technical understanding of an engineering team into every customer conversation.

“Support is becoming one of software’s biggest hidden costs,” said Vinod Khosla, founder of Khosla Ventures. “Decimal changes those economics entirely with an AI platform that understands the code and customer context as well as the best support engineers.”

Since launching in March 2025, Decimal has been adopted by leading software companies including Granola, Resilinc, Tealium, BuildOps, and Lucidworks, along with a Fortune 5 technology company. Its AI Support Engineer resolves customer issues end to end, from answering customer questions and taking actions like resolving billing and account issues to investigating code, logs, configurations, production data, documentation, and customer history and creating bug fixes for engineering review.

“AI has enabled the best companies to exponentially increase shipping velocity, but with that comes an exponential increase in support needs,” said Hari Arul, partner at Khosla Ventures. “Decimal is the solution for leading technical enterprises to leverage AI to solve customer issues.”

Since the beginning of 2026, the volume of support interactions resolved by Decimal has grown 15-fold. Resilinc reduced mean time to resolution (MTTR) by 62%, from 6.5 days to 2.5 days. Granola now handles twice the ticket volume, resolves 70% of common questions in chat before they become tickets, and automates investigations while continuously improving documentation through auto-generated pull requests.

“Decimal is especially great at surfacing the issues where we realize there’s something else going on and we need to dig deeper and Decimal has already gotten to the bottom of it,” said Vicky Firth, head of customer experience at Granola. “In general, it’s sped us up a lot and saved us from digging through all those systems.”

Decimal was founded by Sanjeet Hajarnis, CEO, and Kevin Raji Cherian, CTO, who met at Eightfold AI. Hajarnis previously led AI at Eightfold as the company scaled past $100 million in revenue, serving global enterprises including Citibank, Morgan Stanley, Nvidia and Netflix. Earlier, he was an early engineer on Facebook’s News Feed ranking systems and built pricing systems that powered billions of rides at Uber. Raji Cherian built Databricks’ vector search product from the ground up and led infrastructure at Eightfold that powered matching across more than 1 billion candidate profiles and jobs.

“Customer support should not have to operate from a secondhand description of the product,” said Hajarnis, co-founder and CEO of Decimal AI. “The answer to customer questions is usually sitting in what the product actually did. We built Decimal to surface that evidence the moment a ticket arrives, not after a customer has waited through many escalation cycles.”

The company has used the financing to expand the range of technical issues its system can investigate and deepen integrations across the support and engineering tools its customers already use.

“Every software company with a technical problem is going to need this. We think Customer Engineering becomes its own category, the way GTM Engineering did,” said Sriram Krishnan, co-founder and general partner at Kearny Jackson.

“Sanjeet and Kevin didn’t build this from the outside. They have the scar tissue and the expertise to close the gap between support and engineering, and that’s why some of the most technically sophisticated companies in the market trust them,” said Sunil Chhaya, co-founder and general partner at Kearny Jackson.

ABOUT DECIMAL AI
Decimal AI is the customer engineering platform for technical support teams. Its AI Support Engineer resolves customer issues end to end, from answering questions and taking support actions to investigating code, logs and production data and creating bug fixes for engineering review. Decimal works with leading software companies including Granola, Resilinc, Tealium, BuildOps and Lucidworks. The company is backed by Khosla Ventures, Kearny Jackson and Atlassian Ventures and is a member of the Nvidia Inception program. Learn more at https://www.decimal.app/

Media Contact

Laura Anderson McGrath

[email protected]

SOURCE Decimal AI

SAN FRANCISCO, Sept. 15, 2026 — Artificial Intelligence Underwriting Company (AIUC) has raised a $40 million Series A led by Ribbit Capital, with participation from First Harmonic. Alongside its $15 million seed led by NFDG, the round brings its total funding to $55 million.

Risk, not capability, is becoming the binding constraint on AI adoption. Waymos are superhuman drivers. Yet Waymos aren’t allowed in most places because the risk is hard to understand. Mythos still hasn’t been widely released; not because it’s a weak model, but precisely because it is so powerful. In short, there’s a confidence gap.

This confidence gap is emerging for AI agents and models – enterprises and the public cannot use an AI system they cannot trust. This problem gets more acute as agents get smarter – and will soon bottleneck adoption.

Artificial Intelligence Underwriting Company has developed AIUC-1, the industry-driven standard for AI agents and the confidence infrastructure behind enterprise AI adoption. Frontier builders of the world’s most-used AI agents, including Cursor, ElevenLabs, Harvey, KPMG, Lovable, UiPath and Fin, certify against it.

The standard tests how agents hold up against risks including jailbreaks, hallucinations and data leaks, using 5,000 risk-and-attack combinations tailored to each type of business. Agents are independently audited and recertified every quarter to keep pace with evolving threats. More than 250 security and risk leaders from the Fortune 1000 shape the standard through the AIUC Consortium and drive adoption inside their own organizations.

AIUC was founded by Rune Kvist and Rajiv Dattani. Kvist was Anthropic’s first product hire. Dattani was a partner in McKinsey’s insurance practice and COO of METR.

“Most enterprises have a list of AI agents that were approved in pilots but stalled at the security review,” said Rune Kvist, co-founder of AIUC. “Evidence of security and reliability is now the main bottleneck.”

“When electricity was burning down houses, the insurers paying the bill funded Underwriters Laboratories to test and certify products,” said Rajiv Dattani, co-founder of AIUC. “To this day, the UL mark is on most light bulbs across America. AI needs the same combination of standards, testing and insurance.”

From agents to superintelligence

AI that writes production code, drafts legal work, and answers customer calls for millions of people now carries the AIUC-1 trust mark. However, millions of agents are deployed every day. AIUC started at the application layer, where risk became the binding constraint on adoption first. That constraint is increasingly present at the model layer, where the same combination of standards, evaluations and insurance applies. The capital will help extend AIUC’s audits, standards and insurance from agents to frontier models to create a strong ecosystem for frontier oversight. 

“We have spent over a decade backing companies in financial services where trust is the most important metric of success,” said Micky Malka, founder and managing partner of Ribbit Capital. “AI is on that same path, and it is moving faster than the systems companies use to evaluate it.”

“Rune & Rajiv broke through the cold-start problem. Aligning the ecosystem of AI builders, enterprises, security leaders, auditors and insurers around a single standard is required,” said Nick Shalek, General Partner at Ribbit Capital. “Their insurance rigor, frontier AI experience and relentless focus on their mission are the ideal combination for this problem.”

About Artificial Intelligence Underwriting Company
AIUC builds the confidence infrastructure for AI. It has developed AIUC-1, the industry-driven standard for AI agents, using independent audits and technical evaluations to help organizations assess the security, safety and reliability of the agents they deploy. Companies including Cursor, ElevenLabs, Harvey, KPMG, Lovable, UiPath and Fin carry the AIUC-1 trust mark. Founded by Rune Kvist and Rajiv Dattani, AIUC is headquartered in San Francisco and has raised $55 million to date.

For more information, visit aiuc.com or contact [email protected].

SOURCE AIUC

Recently funded by Jeff Dean (Google DeepMind’s former Chief Scientist), Knowtex is already cash-flow positive with 10x revenue growth in 2026 and 300+ customers including the U.S. Department of Veterans Affairs

SAN FRANCISCO, Sept. 15, 2026 — Knowtex today launched the first frontier AI lab for healthcare, building and evaluating clinical AI against real-world standards of accuracy, auditability, and clinician trust. Its first platform, now deployed across the U.S. Department of Veterans Affairs and 300+ other organizations nationwide, turns every patient encounter into accurate notes, correct codes, orders, and real-time actionable clinical intelligence.

“We call ourselves a frontier AI lab because Knowtex is at the edge of what AI can be trusted to do inside a real clinical workflow: coding an oncology chart correctly, understanding a Veteran’s history across decades of care, giving a physician more of the visit back for the patient,” said Caroline Zhang, CEO and co-founder. “That frontier isn’t being pushed by whoever ships the largest foundation model next. It’s being pushed by whoever is closest to the actual clinical edge case, with the technical depth to act on it. That’s what Knowtex has built.”

Clinicians lose hours daily to documentation, coding, and fragmented manual workflows, and US health care administrative spending costs are approximately $1 trillion annually. The Knowtex platform, developed in the Knowtex lab, removes that burden, producing notes, codes, orders, after-visit summaries, and real-time clinical intelligence from each encounter. Health systems gain productivity, more accurate billing, lower clinician burnout, and better patient care.

The Knowtex lab builds specialty-specific models, anti-hallucination safeguards, and an in-house evaluation science for healthcare AI. Its first benchmark, KnowBench, measures Effort Reduction across clinician administrative tasks; the Knowtex platform currently scores 97.99%.

Knowtex’s founders, Caroline Zhang, CEO, and Jocelyn Kang, CTO, met as freshmen at Stanford studying AI and linguistics. They founded Knowtex in 2022 and spent a combined year in scrubs as medical scribes, embedded in healthcare to learn the work firsthand and develop original models and evaluation science built specifically for healthcare.

Knowtex started in oncology, one of the most complex specialties in outpatient medicine, on the bet that a system built to hold up there would generalize everywhere else. Oncology demands exactness in coding, staging, and longitudinal history that general-purpose AI was not built to deliver. Knowtex’s founders, both AI scientists with deep technical expertise, solved those problems at the model and harness level, and that depth is what lets the platform extend across more than 200 specialties today without losing precision.

“Every model we ship is measured against how a clinician would actually judge the output and not just against a generic benchmark,” said Jocelyn Kang, CTO and co-founder. “That is what a lab does. We built the yardstick before we built the product.”

In October 2025, Knowtex was awarded a $15 million contract to deploy its ambient documentation platform across the VA health system, following a competitive evaluation of more than 150 solutions in VA’s AI Tech Sprint for Ambient Scribe.

Since then, Knowtex has deployed across 10 VISNs and 79 VA Medical Centers in the last 6 months – demonstrating historic speed of AI deployment in enterprise healthcare. More than 7,000 clinicians have saved over 450,000 hours of documentation time, with 88% sustained adoption and an average satisfaction rating of 4.5 out of 5 across more than 5,100 ratings.

The VA published an assessment of the Kansas City evaluation, a 90-day review involving 18 primary care providers. According to the VA’s reporting, all 18 participating clinicians wanted to continue using Ambient Scribe technology after the evaluation period, and most reported saving one to two hours of after-hours work. Patient experience scores at the site also rose nearly three percentage points, to 95.8%, over the same period.

“Ambient Scribe has enhanced my patient visits as I can be more focused on my interaction with the Veteran,” one Kansas City VA provider said. “More time talking to patients, more eye contact, more time to use other resources while patients are talking.”

Knowtex is scaling rapidly, with 10x revenue growth and 100x customer growth since the start of 2026. The venture-backed company is already cash-flow positive.

About Knowtex

Knowtex is the first frontier AI lab for healthcare. The lab builds original clinical models and in-house evaluation science for healthcare AI, and its AI-native clinical platform turns every patient encounter into accurate notes, correct codes, orders, and actionable clinical intelligence for providers. Founded by Stanford AI scientists Caroline Zhang and Jocelyn Kang, who spent time embedded in health systems as medical scribes, Knowtex is EHR-agnostic, specialty-customized, and deeply integrated into clinical workflows. It supports more than 200 specialties and is used by leading federal and community health systems, including the U.S. Department of Veterans Affairs. Knowtex is backed by Y Combinator, HF0, Stanford StartX Med, Texas Medical Center Innovation, Jeff Dean, among others, and has been supported by Amazon Web Services (AWS), the UCSF Rosenman Institute, and MedTech Innovators.

Media Contact:
Michelle Faulkner
Big Swing
617-510-6998
[email protected]

SOURCE Knowtex Inc

BOSTON, Sept. 15, 2026 — Artemis Capital Partners (“Artemis” or the “Firm”), a Boston-based private equity firm focused exclusively on partnering with differentiated Industrial Tech companies, today announced the successful final close of Artemis Capital Partners IV, L.P. (“Fund IV” or the “Fund”), with final commitments totaling $254 million.

Fund IV closed on September 1, 2026, marking an important milestone for Artemis and reflecting strong and diverse investor conviction in the Firm’s strategy of buying, building and realizing Industrial Tech platforms that enable mission-critical applications across aerospace, defense, life science and semiconductor end markets.

“We are thrilled to announce the final close of Fund IV and are deeply grateful to our investors for the conviction they have placed in our team, vision, and strategy,” said James Ward, CEO of Artemis. “The successful close of Fund IV reflects the strength of our team’s execution and the confidence our investors have in the opportunity ahead.”

“We are humbled by the continued support of our existing limited partners and excited to welcome many new limited partners to the Artemis partnership,” said Euan Milne, CIO of Artemis. “We are inspired to deliver on that support in the years to come.”

With three Fund IV platforms acquired to date, Artemis continues to execute its specialized strategy of buying, building, and realizing Industrial Tech platforms that enable mission-critical applications across aerospace, defense, life science and semiconductor end markets. Artemis leverages its deep sector authority, demand-first thematic sourcing model and repeatable operational playbook to drive strategic value creation across its Industrial Tech portfolio companies.

The Piper Sandler & Co.’s private capital advisory group, Aviditi Advisors, served as sole placement agent for Fund IV and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel.

About Artemis

Headquartered in Boston, MA, Artemis is a specialized private equity firm focused on partnering with differentiated Industrial Tech companies, whose people and products enable a healthier, safer, more connected, and productive world. For more information on Artemis, please visit www.artemislp.com.

SOURCE Artemis

Run Ventures leads new funding as recent AI security incidents validate Eve’s early bet
that enterprises need to understand and control autonomous agents while they act

AUSTIN, Texas, Sept. 15, 2026 — Eve Security, the runtime security company built to identify and stop dangerous AI agent behavior in real time, today announced $4.5 million in new funding led by Run Ventures, with participation from Dreamit Ventures and Blu Ventures and continued investment from LiveOak Ventures. This extended seed round brings Eve Security’s total raise to $7.5 million.

The funding marks an important inflection point for Eve. After spending the past year validating its approach to securing AI agents at runtime, the company is seeing growing enterprise demand for technology that can govern what autonomous agents actually do once they are connected to sensitive data, applications and infrastructure. Enterprise customer and investor interest are spiking on the heels of OpenAI’s disclosure that models undergoing a cybersecurity evaluation escaped their testing environment, exploited a previously unknown zero-day to reach the internet and ultimately compromised Hugging Face’s production infrastructure.

“Agents are becoming extraordinarily capable, and enterprises are giving them access to increasingly valuable systems. The OpenAI incident showed what can happen when an agent’s pursuit of an objective takes it somewhere its creators never intended,” said Nadav Cornberg, co-founder and CEO at Eve Security. “You cannot secure that world simply by deciding in advance what an agent should and shouldn’t do. You have to understand what it is doing, why it is doing it and have the ability to intervene while it is happening.”

AI agents represent a fundamentally different security challenge. Traditional cybersecurity tools were built to understand users, identities, endpoints, applications and infrastructure. They can detect a compromised credential, but they were not designed to determine whether a series of individually legitimate actions by an autonomous agent represents reasonable execution of a task or the beginning of dangerous behavior. Eve provides the governance, observability and runtime controls enterprises need to safely deploy those agents, including the ability to interrogate high-risk or anomalous activity and intervene before an agent’s action reaches a critical system.

That approach was reinforced during the fundraising process. RUN.VC introduced Eve to a diverse group of CISOs, whose feedback helped validate both the urgency of the problem and enterprise demand for a new runtime security layer for AI.

“AI runtime security is developing into a significant new security category, and we believe there will be multiple important companies built in this market,” said PT Ungvichian, Run Ventures. “Eve recognized early that securing autonomous systems requires understanding and controlling behavior at runtime, and the company is exceptionally well positioned to capitalize on that shift.”

“We had high conviction in the technical thesis. What we wanted next was market proof,” said Cornberg. “We’re now seeing that pull directly from CISOs and customers. This round lets us put significantly more resources behind turning that early demand into a repeatable business.”

Eve began go-to-market efforts in January, and today its customers are expanding their use of the platform, providing early evidence that runtime agent security is becoming a persistent enterprise requirement rather than a point solution.

Eve is rapidly expanding its platform to secure increasingly complex and autonomous agent deployments. New capabilities include session tainting, which continuously adapts and restricts agent operations based on exposure to sensitive data and prior actions, alongside expanded discovery, enforcement, and automated remediation across Databricks, Glean, Microsoft Copilot Studio, Amazon AgentCore, and Amazon Bedrock. Eve also transforms security policies into a deterministic enforcement layer, allowing more than 85 percent of policy-matched requests to be evaluated and enforced deterministically. For decisions requiring deeper analysis, Eve enriches enforcement with real-time context from identity providers, DLP systems, and data platforms such as Databricks and Snowflake, combining deterministic controls with contextual intelligence for precise runtime governance.

The new funding will primarily accelerate Eve’s go-to-market expansion and revenue growth. Over the next 12 to 18 months, the company intends to demonstrate across multiple enterprise customers that its approach to runtime AI security produces repeatable, measurable results.

About Eve Security

Eve Security provides runtime security and governance for enterprise AI agents. Its Agent-in-the-Loop approach gives organizations real-time visibility into agent activity, automatically interrogates high-risk or anomalous behavior, enriches decisions with enterprise security context and enforces controls before agents take consequential actions. Eve enables enterprises to scale autonomous AI while maintaining the security, governance and accountability required for production environments. Learn more about Eve Security at: https://eve.security/

Media Contact

Jennifer Cloer

503-867-2304

[email protected]

SOURCE Eve Security

Launches Real Estate Debt Investment Platform Brightshore Credit Seeded with $250 Million Investment

NEW YORK, Sept. 15, 2026 — GTIS Partners LP (“GTIS”) today announced it has rebranded as Brightshore Capital LP (“Brightshore”), marking a new chapter for the 21-year old real estate investment firm following its transition to 100% ownership by the firm’s partners. The firm also announced the launch of Brightshore Credit, a real estate debt investment platform anchored with a $250 million investment that will focus on origination and investment in high-yield credit including stretch senior and mezzanine financings, preferred equity and B-notes.

Brightshore manages $5.6 billion in gross assets, with a focus on residential and industrial investments in the US; and residential, industrial, office and hospitality investments in Brazil. The firm was founded in 2005 and the new name follows the 2025 buyout of its minority investment partner’s interest and reflects Brightshore’s evolution as a fully partner-owned investment firm. While the name is new, Brightshore’s leadership, team and investment approach remain unchanged, building on over two decades of real estate investment and development experience. The rebrand establishes an identity that reflects the firm’s current ownership and the next phase of its growth.

“The Brightshore name reflects who we are today: a partner-owned investment firm with over twenty years of experience and a long-term commitment to our investors. With the firm now fully owned by the partners who have built and led the business, this is the right moment to establish an identity that is entirely our own and reflects where we are taking the business next,” said Tom Shapiro, President and Founder of Brightshore Capital.

The rebrand comes as Brightshore has grown its investment platform through several strategic initiatives. In addition to the launch of Brightshore Credit, Brightshore has grown existing platforms in residential, industrial and tax-advantaged real estate investment, executing on several strategies including:

• Continued investment and management of the Brightshore homebuilding and master plan development strategy through its $750 million joint venture with California State Teachers’ Retirement System
• Expansion of its San Francisco multifamily recovery thesis
• Continued expansion of its industrial development and acquisitions with 12 million square feet across the Southeast and Texas accompanied by the formation of a dedicated vehicle
• The launch of its third Opportunity Zones fund, as the firm looks to capitalize on Opportunity Zones’ 2.0 framework after successfully raising $900 million for its previous funds
• The 1.1-million-square-foot development of Campus JK in São Paulo to house Santander Brazil’s corporate headquarters, and investments in logistics, residential and hospitality through its dedicated Brazil investment vehicles

Brightshore’s new ownership structure and expanding investment capabilities position the firm to pursue opportunities with the alignment, flexibility and long-term perspective that have defined it since its founding. The majority of partners have worked together at the firm since its inception and have an average of more than 30 years of real estate experience across multiple economic cycles.

About Brightshore Capital

Brightshore Capital (formerly GTIS Partners) is a real estate investment firm, headquartered in New York with offices in São Paulo, San Francisco, Los Angeles, Atlanta, Charlotte, Houston, and Munich. The firm was founded in 2005 and is managed by President and Founder Tom Shapiro and partners Rob Vahradian, João Teixeira, Tom Feldstein, Ed McDowell, Robert McCall, Peter Ciganik, and Maristella Diniz. The firm manages $5.6 billion in gross assets and is active across a wide range of real estate sectors including single-family and multifamily housing, office, industrial/logistics, hospitality and opportunity zone investments. The firm invests at various points in the capital structure including credit, common equity and structured equity. In the US, Brightshore has invested in over 240 assets across almost 50 unique markets, including growth areas such as San Francisco, New York, Miami, Phoenix, Dallas, Houston, Denver, Atlanta, Tampa, and Charlotte. In Brazil, Brightshore is among the largest real estate private equity firms, with holdings including office, residential, logistics, and hospitality investments. Marquee development assets by the firm in São Paulo include the Infinity office building, Campus JK and hotel Palácio Tangará. For more information, please visit www.brightshore.com.

Media Contacts:

Mary Beth Grover / Keely Gispan
ASC Advisors
(203) 992-1230
[email protected] / [email protected]

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer or solicitation of investment advisory services. Any such offer or solicitation may only be made to qualified investors pursuant to definitive offering documents and in compliance with applicable securities laws. Past performance is not indicative of future results.

SOURCE Brightshore Capital

New Unified AI ROI Dashboard bridges the gap between AI usage and financial accountability, providing a centralized view of risk, cost, and adoption.

MOUNTAIN VIEW, Calif., Sept. 15, 2026 — WitnessAI, the AI-native security platform trusted by leading enterprises, today announced the launch of new AI FinOps capabilities within the WitnessAI platform. The latest functionality, anchored with the addition of a Unified AI ROI Dashboard, is designed to help enterprises better understand and control AI spend across employees, models, and agents, and provide measurable data to showcase AI return on investment (ROI).

Enterprise AI adoption has created a new financial-management problem. As AI scales across multiple providers and applications, traditional invoices fail to show who is consuming AI, why, and whether it drives business value. According to WitnessAI’s The Hidden Cost of Enterprise AI report, only 9% of respondents stated that more than three-quarters of their AI initiatives have delivered a measurable financial return, while 33% said AI projects in the last 12 months were always or mostly over budget.

WitnessAI addresses the AI FinOps visibility challenge by operating at the AI traffic and intent layer. The platform connects spend directly to the intent behind the usage, tracking the specific employee, agent, purpose, activity, and model. This contextual visibility enables WitnessAI to combine capabilities that are typically separate, such as multi-provider metering, intelligent model routing, shadow AI discovery, and runtime security. This provides organizations with a single, unified view across three critical lenses: AI risk, cost, and adoption outcomes.

With this release, the WitnessAI platform adds:

• A customizable Unified AI ROI Dashboard: Centralizes AI performance metrics—including risk avoidance, cost savings, and adoption rates—into one dashboard across employees, models, and agents. Organizations can apply configurable ROI multipliers to assign custom dollar values to security incidents prevented, and employee time saved, ensuring the platform reflects an organization’s unique business economics.
• Comprehensive spend visibility and shadow AI discovery: Eliminates enterprise blind spots by automatically discovering unsanctioned AI applications, agents, and MCP servers. The platform accurately estimates shadow AI expenditures while metering sanctioned token consumption across multiple providers, mapping all usage directly to specific teams and business purposes.
• Intelligent routing and pre-inference optimization: Reduces inference costs without sacrificing quality. The platform scores prompts for complexity and business intent, routing tasks to the most cost-effective model. Additionally, pre-inference filtering automatically blocks non-business, off-topic, or abusive prompts before they incur paid token costs.

“With the launch of our new FinOps capabilities, we are changing how organizations think about AI ROI measurement. Instead of treating cost, risk, and adoption as siloed problems, WitnessAI gives leadership a consolidated view of AI economics,” said Rick Caccia, CEO and Founder of WitnessAI. “By translating security events and governance into tangible business terms, we are helping enterprises intelligently route workloads, eliminate shadow AI spend, and reduce waste without restricting the productive AI usage that drives their business forward.”

WitnessAI’s FinOps capabilities are now generally available to all customers. To learn more about the latest features, visit: https://witness.ai/witnessai-for-finops/ 

About WitnessAI 

WitnessAI is the AI security platform enterprises trust to govern and protect all AI activity. We provide complete visibility into every interaction including employees and autonomous agents, even in native apps where legacy tools are blind. Unlike traditional security that relies on outdated keywords, our AI-native platform understands intent, context, and meaning enabling intelligent policies that stop novel threats like prompt injection while empowering productivity. Our enterprise-first, single-tenant architecture ensures data sovereignty and compliance. WitnessAI transforms security from a bottleneck into the enabler of your AI strategy as the confidence layer for enterprise AI.

Media Contact
Katelyn Doherty
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SOURCE WitnessAI