Category Archives: Deals

Squads Raises $18M to Build Business Finance on Stablecoin Infrastructure

NEW YORK, April 29, 2026 — Squads today announced an $18 million strategic round led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, L1D, Collab+Currency, Electric Capital, Placeholder, Jump Crypto, and Robot Ventures, bringing total funding to $42.9M. This raise accelerates Altitude, a financial operating system built on stablecoin infrastructure.

Stablecoins are changing the infrastructure of business finance. For the last decade, building financial products for businesses meant building on top of banks – bank partnerships were required to hold customer funds and access payment rails. Every new market meant a new bank and a new compliance cycle. Blockchains changed the underlying infrastructure. Stablecoins turned money into software, allowing treasury and payments to be separated from the fractional reserve system for the first time.

This separation has produced a new category of licensed Payment Service Providers (PSPs) that move money across both stablecoin and traditional banking rails. The market has moved quickly: Stripe acquired Bridge for $1.1 billion, Mastercard acquired BVNK for $1.8 billion. These PSPs were the missing piece to build a full-stack financial operations platform on stablecoin rails.

Altitude is built on this shift. It does not hold customer funds. Treasury is held in stablecoins. When funds need to move, they settle on stablecoin rails instantly, 24/7, at low cost. When they need to reach traditional banking rails, they do so through a network of licensed stablecoin PSPs.

Since publicly launching in December 2025, Altitude has processed over $200 million in payments for exporters, global agencies, crypto-native companies, and cross-border remote teams. Customers choose Altitude for what stablecoin infrastructure unlocks: global-by-default coverage, multi-currency support, instant settlement, and programmable controls. With $18M in new funding, Altitude is growing its team, expanding its payment network, and accelerating product development.

“This raise backs a simple idea: businesses are better off running on stablecoins than on legacy banking infrastructure. Solana is now mature enough to carry global business finance, regulators have built the frameworks to support it, and for the first time you can build a full financial platform on a genuinely new system,” said Stepan Simkin, CEO of Squads.

“The Squads team spent the last four years building the security infrastructure that most of the Solana ecosystem runs on. Stablecoins and programmable blockchains are changing how global finance works. This is the team with the technical depth and the vision to build the financial platform that sits on top of that shift. We believe Altitude will be how the next generation of global businesses runs their financial operations,” said Matthew Beck, Head of Solana Ventures.

Two criticisms have historically limited stablecoin adoption in mainstream business finance: compliance gaps and security concerns. Altitude addresses both directly.

On compliance, Altitude has built a proprietary engine that imposes the same checks expected from any regulated fintech: continuous sanctions screening, AML checks, transaction monitoring, and KYB verification. This engine enables every Altitude account to plug into licensed PSPs including Bridge, MoonPay, Infinite, Due, and others for global coverage.

On security, Altitude enforces controls at each layer of the stack. At the product layer, every business account comes with programmable controls, granular permissions, and configurable multifactor authentication. At the infrastructure layer, Squads Protocol handles asset custody and money movement, securing over $10 billion in value. At the settlement layer, every transaction is recorded and settled on Solana.

“As we scaled, treasury and payments turned into an operational headache. Complexity and fees kept compounding. Altitude removed both,” said Kash Dhanda, COO, Jupiter.

About Squads

Squads is a financial infrastructure company building on Solana. The company operates two products: Squads Multisig, the smart account standard securing over $10 billion in assets across the Solana ecosystem, and Altitude, a financial operating system that gives businesses multi-currency accounts, corporate cards, global payments, APY on balances, and a CFO stack to run it all. Learn more at altitude.xyz or squads.xyz.

SOURCE Squads

Das Unternehmen e& aus den Vereinigten Arabischen Emiraten beteiligt sich an der 10-Millionen-Dollar-Finanzierungsrunde von MagicCube, um die Post-Quantum-Sicherheit auf staatlichem Niveau für KI, Identitätsmanagement und Zahlungsverkehr voranzutreiben

CUPERTINO, Kalifornien, 29. April 2026 — MagicCube, der Pionier im Bereich softwarebasierter Sicherheitslösungen für Zahlungen, Identitätsmanagement und digitale Vermögenswerte, gab heute bekannt, dass e& capital, der Investmentarm des globalen Technologiekonzerns e&, sich an der 10-Millionen-Dollar-Finanzierungsrunde beteiligt hat, womit die zweite Finanzierungsrunde abgeschlossen ist. Die Partnerschaft unterstreicht das gemeinsame Ziel, hardwareunabhängige Sicherheit auf staatlichem Niveau zu bieten, die das digitale Vertrauen über Geräte, Clouds und Rechtsräume hinweg weltweit stärkt.

e& capital schließt sich dem strategischen Investor der ersten Finanzierungsrunde, Verifone – einem weltweit führenden Anbieter von Zahlungstechnologie –, sowie bestehenden Finanz- und Einzelinvestoren an, darunter unter anderem Bold Capital Partners und Mosaik Partners.

Diese Zusammenarbeit erfolgt zu einer Zeit, in der Staaten und Unternehmen ihre Bemühungen zur Sicherung von KI-Modellen, digitalen Identitäten und grenzüberschreitenden Datenströmen verstärken, wobei sich die Golfregion zu einem wichtigen Knotenpunkt für KI-Infrastruktur und digitale Innovation entwickelt.

„MagicCube adressiert einen schnell wachsenden Bedarf an der Schnittstelle von digitaler Identität, Zahlungsverkehr und KI-Sicherheit”, sagte Eddy Farhat, Executive Director, Corporate Ventures bei e&. „Da immer mehr sensible Workloads zwischen Cloud- und Edge-Umgebungen verschoben werden, benötigen Unternehmen flexible, softwarebasierte Sicherheit, die Ausfallsicherheit, Compliance und Skalierbarkeit gewährleistet. Unsere Investition spiegelt den Fokus von e& capital wider, Technologien zu unterstützen, die eine vertrauenswürdige digitale Infrastruktur stärken und neue Möglichkeiten in wachstumsstarken Märkten eröffnen.”

Da Staatsfonds, Telekommunikationsunternehmen und Hyperscaler massiv in Rechen- und Datenkapazitäten der nächsten Generation investieren, bietet MagicCube eine neutrale, softwareorientierte Vertrauensstruktur, die kritische Workloads über Regionen, Geräte und Cloud-Anbieter hinweg sichert. Die Plattform verbessert Kontinuität und Ausfallsicherheit und sorgt dafür, dass Zahlungs-, Identitäts- und KI-Dienste sicher und verfügbar bleiben, während sich Infrastrukturrouten und regulatorische Rahmenbedingungen weiterentwickeln.

„Nach der Unterstützung durch Verifone – und zu einer Zeit, in der die Golfstaaten die Zukunft von KI und digitaler Infrastruktur gestalten – ist die Unterstützung durch e& sowohl eine starke Bestätigung als auch ein strategisches Signal”, sagte Sam Shawki, CEO und Mitbegründer von MagicCube. „Gemeinsam mit e& bauen wir sichere Identitäts- und KI-Infrastrukturen auf, die nicht an einen einzelnen Hyperscaler, Hardwareanbieter oder Rechtsraum gebunden sind – und geben unseren Partnern das Vertrauen, global zu skalieren.”

Die Investition markiert einen wichtigen Meilenstein für die wachsende Rolle regionaler Technologieführer bei der Festlegung globaler Standards für KI, Cloud und digitale Finanzen. Durch die Unterstützung der Software-Defined -Trust (SDT)-Plattform von MagicCube fördert e& eine souveränitätsfähige, hardwareunabhängige Sicherheitsschicht, die sich über mehrere Umgebungen erstreckt, sich an sich wandelnde regulatorische Anforderungen anpasst und Regierungen, Banken und Unternehmen mehr Kontrolle darüber gibt, wie und wo ihre kritischen Daten und KI-Modelle geschützt werden.

Die SDT-Plattform von MagicCube sichert Zahlungen, digitale Identitäten und KI-gesteuerte Dienste auf Smartphones, Tablets, Fahrzeugen, Selbstbedienungskassen und IoT-Geräten. Diese universelle Vertrauensschicht ermöglicht es Partnern:

„Da Rechenleistung und Daten zu strategischen nationalen Vermögenswerten werden, ist es unsere Mission, Partnern eine neutrale Vertrauensinfrastruktur zu bieten, die mit jeder Cloud, jedem Gerät und überall auf der Welt funktioniert”, fügte Shawki hinzu. „Mit e& an der Spitze dieser Finanzierungsrunde können wir diese Vision gemeinsam mit den Regionen vorantreiben, die am ehrgeizigsten in das nächste Kapitel der KI und der digitalen Souveränität investieren.”

Weitere Informationen finden Sie unter www.magiccube.co oder wenden Sie sich an [email protected].

Informationen zu MagicCube
MagicCube bietet softwarebasierte Sicherheit, die sensible Daten und Workloads auf Geräten und in der Cloud schützt – wodurch spezielle Hardware-Sicherheitsmodule überflüssig werden. Die Plattform sichert Zahlungsvorgänge, digitale Identitäten und KI-Dienste für Banken, Telekommunikationsunternehmen und andere Unternehmen und gewährleistet dabei Ausfallsicherheit und Compliance über verschiedene Rechtsräume hinweg.

Informationen zu e&

e& (ADX: EAND) ist ein globaler Technologiekonzern, der sich in 38 Ländern im Nahen Osten, in Asien, Afrika und Europa für die Förderung der digitalen Zukunft einsetzt. e& wurde 1976 in Abu Dhabi gegründet und nutzt seine fünf Jahrzehnte lange Tradition im Bereich fortschrittlicher Konnektivität, um leistungsstarke digitale Lösungen bereitzustellen, die Werte erschließen und den Fortschritt vorantreiben.

Für Unternehmen und Regierungen stellt e& geschäftskritische Infrastruktur bereit, darunter souveräne Cloud-Plattformen, Rechenzentren und KI-gestützte Lösungen, um komplexe Herausforderungen zu bewältigen und das Wachstum zu beschleunigen. Für Millionen von Kunden vereint die Gruppe weltweit führende Konnektivität mit digitalen Diensten in den Bereichen Unterhaltung, Fintech und Super-App-Erlebnisse, die das tägliche Leben bereichern.

Angetrieben von Innovation und gestärkt durch globale Partnerschaften liefert e& sichere, leistungsstarke Technologie, die Volkswirtschaften stärkt und Chancen weltweit erweitert.

Um mehr über e& zu erfahren, besuchen Sie www.eand.com

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L’entreprise émiratie e& participe à la levée de fonds de 10 millions de dollars de MagicCube afin de faire progresser la sécurité post-quantique de niveau souverain pour l’IA, l’identité et les paiements

CUPERTINO, Californie, 29 avril 2026 — MagicCube, le pionnier de la sécurité logicielle pour les paiements, l’identité et les actifs numériques, a annoncé aujourd’hui qu’e& capital, la branche d’investissement du groupe technologique mondial e&, avait rejoint son cycle de financement de 10 millions de dollars, marquant la deuxième clôture de l’opération d’investissement. Ce partenariat souligne la mission commune qui consiste à fournir une sécurité de niveau souverain, sans matériel, qui renforce la confiance numérique entre les appareils, les clouds et les juridictions du monde entier.

e& capital rejoint l’investisseur stratégique Verifone, leader mondial des technologies de paiement, ainsi que des investisseurs financiers et individuels existants, dont Bold Capital Partners et Mosaik Partners, entre autres.

Cette collaboration intervient alors que les nations et les entreprises accélèrent leurs efforts pour sécuriser les modèles d’IA, les identités numériques et les flux de données transfrontaliers, la région du Golfe apparaissant comme un pôle majeur pour l’infrastructure de l’IA et l’innovation numérique.

« MagicCube répond à un besoin en forte croissance à l’intersection de l’identité numérique, des paiements et de la sécurité de l’IA », déclare Eddy Farhat, directeur exécutif de Corporate Ventures chez e&. « Alors que de plus en plus de charges de travail sensibles migrent vers les environnements cloud et en périphérie, les entreprises ont besoin d’une sécurité flexible, basée sur des logiciels, capable de prendre en charge la résilience, la conformité et l’évolutivité. Notre investissement reflète la volonté d’e& capital de soutenir les technologies qui renforcent l’infrastructure numérique fiable et ouvrent de nouvelles perspectives sur les marchés à forte croissance. »

Alors que les fonds souverains, les opérateurs télécoms et les hyperscalers investissent massivement dans les capacités de calcul et de gestion des données de nouvelle génération, MagicCube propose une structure de confiance neutre et logicielle qui sécurise les charges de travail stratégiques entre les régions, les appareils et les fournisseurs de services cloud. Sa plateforme améliore la continuité et la résilience, permettant aux paiements, à l’identité et aux services d’IA de rester sécurisés et disponibles à mesure que les réseaux d’infrastructure et les cadres réglementaires évoluent.

« Après l’appui de Verifone, et à un moment où le Golfe façonne l’avenir de l’IA et de l’infrastructure numérique, le fait d’avoir e& à nos côtés constitue à la fois un soutien de poids et un signal stratégique », avance Sam Shawki, PDG et cofondateur de MagicCube. « Avec e&, nous mettons en place des infrastructures sécurisées pour l’identité et l’IA qui ne sont pas liées à un seul hyperscaler, à un seul fournisseur de matériel ou à une seule juridiction, offrant ainsi à nos partenaires la confiance nécessaire pour se développer à l’échelle mondiale. »

Cet investissement marque une étape clé dans le rôle croissant des champions technologiques régionaux dans la définition des normes mondiales en matière d’IA, de cloud et de finance numérique. En soutenant la plateforme Software Defined Trust (SDT) de MagicCube, e& soutient une couche de sécurité indépendante du matériel, adaptée aux exigences de souveraineté, qui couvre plusieurs environnements, s’aligne sur les demandes réglementaires en constante évolution et permet aux gouvernements, aux banques et aux entreprises de mieux contrôler la manière dont leurs données stratégiques et leurs modèles d’IA sont protégés, ainsi que les lieux où cette protection est assurée.

La plateforme SDT de MagicCube sécurise les paiements, les identifiants numériques et les services pilotés par l’IA sur les smartphones, les tablettes, les véhicules, les caisses automatiques et les appareils IoT. Cette couche de confiance universelle permet aux partenaires de :

« À mesure que l’informatique et les données deviennent des actifs stratégiques nationaux, notre mission est de fournir à nos partenaires une structure de confiance neutre qui fonctionne avec n’importe quel cloud, n’importe quel appareil, partout dans le monde », ajoute M. Shawki. « Avec e& au premier plan de ce cycle, nous pouvons accélérer cette vision aux côtés des régions qui investissent le plus ambitieusement dans le prochain chapitre de l’IA et de la souveraineté numérique. »

Pour plus d’informations, visitez le site www.magiccube.co ou contactez [email protected].

À propos de MagicCube
MagicCube offre une sécurité logicielle qui protège les données sensibles et les charges de travail sur les appareils et dans le cloud, éliminant ainsi le besoin de modules de sécurité matériels dédiés. Sa plateforme sécurise les paiements, l’identité numérique et les services d’IA pour les banques, les opérateurs télécoms et les entreprises, en garantissant la résilience et la conformité dans toutes les juridictions.

À propos d’e&

e& (ADX : EAND) est un groupe technologique mondial qui s’engage à faire progresser l’avenir numérique dans 38 pays du Moyen-Orient, d’Asie, d’Afrique et d’Europe. Fondé à Abu Dhabi en 1976, e& tire parti de son héritage de cinq décennies dans le domaine de la connectivité avancée pour fournir des solutions numériques puissantes qui libèrent de la valeur et stimulent le progrès.

Pour les entreprises et les gouvernements, e& fournit une infrastructure essentielle, notamment des plateformes cloud souveraines, des centres de données et des solutions alimentées par l’IA pour résoudre des défis complexes et accélérer la croissance. Pour des millions de clients, le groupe offre une connectivité de premier plan ainsi que des services numériques dans les domaines du divertissement, de la fintech et des superapplications qui enrichissent la vie quotidienne.

Stimulé par l’innovation et renforcé par des partenariats mondiaux, e& propose des technologies sûres et performantes qui renforcent les économies et élargissent les perspectives à l’échelle mondiale.

Pour en savoir plus sur e&, consultez le site www.eand.com.

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Kibu to Build the Human Network to Restore Trust for the Age of AI

The company also announced a seed round co-led by Cubit Capital and Construct Capital bringing total funding to $14 million

WASHINGTON, April 29, 2026Kibu, the human network and app-based platform that enables individuals and organizations to know exactly who they’re interacting with when it matters most, today announced a $10.5 million seed round to scale its platform. Leveraged by the world’s most discerning users, the platform is in use today across financial services, security consulting, family offices, and government agencies. The round was co-led by Cubit Capital and Construct Capital with major participation from Slow Ventures and Helena, and joined by angels like Nicole Perlroth, Judy Estrin, and David Carrico. This brings Kibu’s total funding to $14 million.

“The first era of digital and social networks was about reach as the platforms made it easy to find people, follow them, and share content at scale, but identity has been assumed, not verified,” said Ari Andersen, co-founder and CEO of Kibu. “In today’s world of deepfakes, bots, and AI-fraud, the critical question has shifted from ‘Who can I reach?’ to ‘Who can I trust?’ In a world where AI can fool any single verification moment, the only durable proof of identity is the network of real relationships around you.”

The Problem: Trust Can No Longer Be Assumed

It has never been harder to know who and what to trust. For decades, organizations have relied on identity-by-assumption: if the email address looks right, if the phone number matches, it’s trusted. That assumption is breaking down.

Credentials themselves have become the primary attack vector. Email accounts get compromised, phone numbers get spoofed through SIM swaps, and AI can now fake anyone in seconds.

Traditional security tools encrypt the channel, but they can’t verify the person. End-to-end encryption doesn’t prevent talking to an imposter. When the most consequential decisions happen across informal channels (Signal threads, WhatsApp groups, personal phones), there’s no way to establish trust before communication occurs. Kibu solves this by turning real-world trust into secure digital connections, establishing verification before communication occurs.

Kibu’s Approach: Building Trust Before It Matters

Whereas most security tools look for threats in real-time, Kibu fills an important gap in the market by launching a platform that establishes trust before it matters. By verifying human identity upfront, Kibu builds trust into the system rather than bolting it on afterward.

The Kibu app verifies its users through a simple, one-time process that binds identity to biometric-protected devices using liveness testing and cryptographic proof. This lets users build a network of confirmed contacts called Connections. Non-discoverable by design, Connections ensure that if someone is not invited, they cannot find you, contact you, or observe your network. Within this verified network, users can securely communicate, share sensitive information, and make group decisions knowing exactly who they’re talking to.

“We took military-grade cryptography and wrapped it in a consumer-focused product,” said Eftychis Gregos-Mourginakis, co-founder and COO of Kibu. “We anchor identity in real human relationships, verified cryptographically, and put control in the hands of users.”

Why Investors Are Backing Kibu

“The industry’s answer to AI threats has been more AI — an arms race with no finish line,” said Philip Carson, Partner at Cubit Capital. “Kibu reframes the problem around people and the relationships they actually trust. As work moves into informal channels, that’s the network that matters.”

“The identity verification market is growing rapidly and will exceed $150 billion by the 2030s as AI-driven impersonation accelerates,” said Rachel Holt, Cofounder and Managing Partner at Construct Capital. “As deception scales, demand for human-verified trust grows with it, and Kibu is uniquely positioned to serve the people and organizations at the center of these networks.”

With the new funding, Kibu will scale adoption and focus on building out its infrastructure to bring its trust fabric to other tools and workflows.

About Kibu

Kibu is a human network and app-based platform that enables individuals and organizations to know exactly who they’re interacting with when it matters most. Leveraged by the world’s most discerning users, it turns real-world trust into secure digital connections for high-stakes work in the AI era. Kibu cryptographically binds real human identity to verified interactions, enabling trusted communication, authorization, and decisions where trust must be established before action occurs.

Founded by experts in cybersecurity policy and privacy stewardship, Kibu is trusted by financial institutions, defense contractors, and security consultants coordinating sensitive work across organizational boundaries. Kibu is backed by Cubit Capital, Construct Capital, Slow Ventures, and Silver Buckshot Ventures.

For more information, download the Kibu app, visit the website, and follow Kibu on LinkedIn.

SOURCE Kibu, Inc.

Rogo Raises $160M Series D to Scale the Agentic Platform for Finance

The category leader in AI for 250+ global investment banks and investment firms raises new capital to deepen institutional partnerships, scale its agentic platform, and accelerate global expansion

NEW YORK, April 29, 2026 — Rogo, the AI platform purpose-built for finance, today announced it has raised $160 million in Series D funding led by Kleiner Perkins, with participation from Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic and Positive Sum. The Series D brings Rogo’s total funding to more than $300 million and positions Rogo to accelerate the company’s global expansion, deepen its partnerships with the world’s leading financial institutions, and scale its AI agent, Felix.

This investment comes at a time when AI in financial services is at an inflection point. The world’s leading financial firms are now moving to rebuild their operating models around AI: restructuring workflows, rethinking staffing pyramids, and deploying autonomous agents that work asynchronously across every transaction, every portfolio, and every relationship.

Rogo is the long-term AI transformation partner for the institutions navigating this shift, delivering state of the art agents, forward-deployed bankers and engineers, and deep domain expertise at the nexus of finance; security, legal, and regulatory issues; and applied AI.

More than 35,000 financial professionals at over 250 institutions, including Rothschild & Co, Jefferies, Lazard, Moelis, Nomura, and others, leverage Rogo in their daily workflows across origination, execution, advisory, and portfolio intelligence.

“The world’s most sophisticated financial institutions are fundamentally reshaping how they operate using AI, and they’re choosing to do it with Rogo,” said Gabriel Stengel, CEO and Co-Founder of Rogo. “The institutions at the forefront are rapidly moving beyond automating tasks to becoming AI-native firms, with agentic systems that work across the firm and get smarter with every deal.”

Rogo’s platform operates in concert with how financial institutions think, work, and make decisions. The company recently introduced Felix, its agentic AI that executes complex, multi-step financial processes autonomously, from deal screening and CIM generation to buyer outreach and data room diligence.

“Rogo has built an AI platform that the most demanding institutions in finance trust with their most critical workflows,” said Mamoon Hamid, Partner at Kleiner Perkins. “Their combination of technical depth, proprietary data integrations, and genuine domain expertise is why Rogo is pulling away from the field. When a platform becomes the operating system for an entire industry, the opportunity is generational.”

About Rogo
Rogo is the leading generative AI platform built for financial services. Trusted by more than 35,000 professionals at the world’s top investment banks, private equity firms, and asset managers, Rogo combines purpose-built financial reasoning models with deep integrations across internal and external data sources to automate research, accelerate workflows, and deliver analyst-grade insights in seconds. For more information, visit rogo.ai.

Press Contact:
[email protected]

SOURCE Rogo

Chord Raises $7 Million To Deliver Its Context Platform for AI-Driven Commerce

NEW YORK, April 29, 2026Chord, an AI platform powering modern commerce operations, today announced it has raised $7 million, led by Equal Ventures, with participation from existing investor M13 and new investors Chingona Ventures and CEAS Investments.

Commerce is becoming harder to run. Systems are fragmented, and teams are left stitching together disconnected tools while trying to adopt AI. Without a unified foundation, most brands can’t turn AI into real operational leverage. Chord is built to solve this, unifying the data and operational context needed to power AI across dozens of mid-market and enterprise commerce teams, collectively representing over $1billion in annual revenue. Customers include Mr. Beast, Ritual, Ruggable, Rodan + Fields, and Blue Bottle Coffee, among others. By moving teams away from fragmented tools and dashboards to real-time, AI-powered execution, Chord enables faster decision-making and automates operations at scale.

“Commerce teams do not need more dashboards. They need systems that actually run the business,” said Bryan Mahoney, CEO of Chord. “We’ve rebuilt Chord so AI can operate inside a company with full context, not as an overlay, but as the engine behind decisions and execution. This funding allows us to accelerate that vision and scale the platform for the next generation of commerce teams.”

Chord’s platform enables brands to ask questions, generate insights, and immediately take action, compressing workflows that once required multiple teams and weeks of coordination into minutes. The system is built around a “context graph,” a living operational memory that captures a business’s metrics, rules, historical decisions, constraints, and trade-offs, compounding in accuracy and trust over time. This reflects how a business actually operates, allowing AI to make decisions based on real-world conditions rather than static data models. Teams are expanding Chord usage organically across their organizations, with Copilot usage tripling as teams shift away from traditional business intelligence tools and teams increasingly opening Chord before their legacy analytics tools.

“When you’re putting out products and content at our scale, speed is everything. Chord helps our team use our data to move faster,” says Joshua Maynard, GM, Global eCommerce at Mr. Beast.

“Merchants today run their businesses through a disjointed stack of solutions that can make relatively simple activities extremely manual and time-consuming,” said Ali Afridi, investor at Equal Ventures. “Chord enables operators to centralize and connect their systems in a single control layer, helping them scale more efficiently and infuse AI across their operations without a costly rip-and-replace of their core systems.”

With the new funding, Chord will continue to accelerate the development of its agent infrastructure and scale across mid-market and enterprise commerce and retail brands that generate $20M-$1B in revenue.

About Chord
Chord is the AI platform for modern commerce companies. Built by the team behind Glossier, Chord unifies data, decisions, and actions into a single system that enables AI to run core business operations. The platform powers agentic commerce, helping brands operate more efficiently, scale faster, and make better decisions in real time.

Press contact:
Kathy Osborne
[email protected]
607-434-2065 

SOURCE Chord

definity Unveils Agentic Data Engineering Platform With $12M Series A

Agentic platform enabling data lakehouse teams to reduce platform costs, improve reliability, and accelerate data and AI delivery

CHICAGO, April 29, 2026definity today unveiled its agentic data engineering platform, purpose-built to operate and optimize enterprise lakehouse and Spark data pipelines. The company also announced an oversubscribed $12 million Series A financing led by GreatPoint Ventures, with participation from Dynatrace and existing investors StageOne Ventures and Hyde Park Venture Partners. The round brings definity’s total funding to $16.5 million.

The Operational Gap in Modern Data Platforms

Enterprise data platforms now underpin AI, analytics, and core business operations. Data engineering teams are expected to deliver faster while maintaining production reliability and controlling costs across increasingly complex environments.

However, most teams still operate with fragmented tooling that monitors isolated signals – data quality, execution health, infrastructure performance, or spend – after the fact and without a unified operational context. As a result, data engineering remains reactive and manual, and more importantly, AI agents lack the runtime understanding required to take effective action and operate safely in production environments.

The outcome is disastrous – significant infrastructure waste, recurring pipeline incidents, and slow data delivery that constrains business outcomes.

definity was built to solve this operational gap.

From Monitoring to Agentic Operation

definity introduces a new operating model for enterprise data platforms: agentic data engineering.

The platform provides actionable runtime intelligence powering AI agents that enable teams to continuously optimize platform cost, prevent incidents before they impact the business, and dramatically increase developer velocity.

At the core of definity is an in-motion architecture that operates directly within production pipelines, without requiring code changes. By observing pipelines during execution, the platform captures full-stack signals across infrastructure behavior, pipeline execution, and data characteristics.

This unified runtime context, combined with the ability to safely control pipeline execution in real time, enables the shift from monitoring to true agentic operation.

Without runtime intelligence and control, AI agents remain advisory and post hoc. With it, they can autonomously analyze, optimize, and take action in production.

“As AI becomes embedded across the enterprise, data platforms can no longer be operated through fragmented, reactive tooling,” said Roy Daniel, CEO and co-founder of definity. “Agentic data engineering introduces a new operating model – agents that continuously understand, optimize, and protect data pipelines in production. definity was purpose-built to deliver on that promise for the enterprise.”

Proven Enterprise Outcomes at Scale

Global enterprises use definity to reduce platform costs by more than 30 percent through job-level optimization, prevent pipeline and data incidents in motion before they impact the business, and resolve complex Spark issues 10 times faster.

The solution supports large lakehouse deployments across both cloud and on-premises Spark environments, including Databricks, AWS EMR, GCP Dataproc, and Spark on K8S. By embedding intelligence directly into pipeline execution, definity simplifies day-to-day platform operations while enabling continuous optimization at enterprise scale. Adoption has accelerated as enterprises seek operational leverage beyond traditional observability tooling in these platforms.

“definity brings much-needed intelligence to the data layer by applying runtime context across data pipelines,” said Steve Tack, Chief Product Officer at Dynatrace. “Their approach directly aligns with our vision of full-stack observability – from applications and infrastructure to data and AI.”

Funding to Scale Agentic Data Engineering

This round comes on the heels of significant momentum for definity, tripling its revenue over the past six months and adding several Fortune 500 and large enterprise customers.

The $12 million Series A will support continued development of definity’s agentic capabilities, expansion of ecosystem integrations, and growth of go-to-market operations.

“definity is solving a problem that becomes unavoidable at enterprise scale,” said Gautam Krishnamurthi, General Partner at GreatPoint Ventures. “Their runtime-first architecture and early traction with high-caliber customers position them to lead the shift toward agentic data engineering – the evolution of the modern data platform.”

As enterprise AI adoption accelerates, data platforms are under unprecedented operational strain. The ability to operate pipelines with full context and autonomous action is becoming essential. definity is the foundational infrastructure for this new era, enabling data engineering teams to move from fragmented monitoring and reactive alerts to proactive, autonomous operation of production data pipelines.

About definity

definity is the agentic data engineering platform for the lakehouse and Spark ecosystem, providing actionable runtime intelligence via AI agents that enable enterprise data engineering teams to optimize platform costs, proactively prevent job and data incidents, and improve developer velocity.

For more information, visit www.definity.ai.

SOURCE definity

Aidoc Raises $150 Million Series E Led by Goldman Sachs to Scale Clinical AI for Earlier, Safer Diagnoses

The funding accelerates expansion of Aidoc’s clinical foundation model and enterprise AI platform to combat diagnostic harm and improve efficiency across health systems.

NEW YORK, April 29, 2026Aidoc, a global leader in clinical AI, has raised $150 million in Series E funding led by Growth Equity at Goldman Sachs Alternatives. The round had participation from General Catalyst, SoftBank Investment Advisors and NVentures (NVIDIA’s venture capital arm). The round brings total funding to over $500 million, less than a year after a growth round led by General Catalyst and Square Peg. This underscores the pace of Aidoc’s momentum and the accelerating demand for enterprise-scale clinical AI.

Diagnostic errors and delays contribute to at least 400,000 deaths each year in the United States, driven by rising imaging volumes, workforce shortages and growing clinical complexity. While AI has long promised to reduce that burden, most tools have tackled one use case at a time, limiting their impact at scale.

As hospitals seek broader, system-wide solutions, the market is shifting toward clinical AI deployed across entire health systems. Foundation models have made that shift technically possible by enabling expanded coverage across conditions and imaging modalities from a single architecture. Translating that capability into regulated, real-world care, however, has proven far more complex. Aidoc developed its own clinical foundation model, CARE™, and deployed it through its enterprise platform, aiOS™. Earlier this year, CARE received a landmark first FDA clearance for a comprehensive double-digit foundation model-based triage system in clinical imaging. Today, the company analyzes more than 60 million patient cases annually and is deployed across nearly 2,000 hospitals, signaling a new phase in the adoption of clinical AI.

“By 2030, every complex diagnostic decision should be supported by AI that enables earlier detection and reduces preventable error,” said Elad Walach, co-founder and CEO of Aidoc. “We feel a deep responsibility to deploy CARE safely and at scale across health systems. This funding accelerates comprehensive disease coverage and advances end-to-end AI across CT and X-ray, spanning the full workflow including pixel to draft report within two years.”

As clinical AI moves to enterprise deployment, a determining factor is governance and regulatory discipline. In large, complex health systems, scale requires not only advanced technology but the oversight and accountability needed to operate safely in real-world care.

“Aidoc pairs advanced technology with regulatory rigor in a way that few companies have achieved,” said Christian Resch, Partner at Growth Equity at Goldman Sachs Alternatives. “Health systems consistently describe tangible results, including improved radiology efficiency, shorter lengths of stay, and measurable financial returns. We believe this combination of innovation, safety, technical rigor, and operational discipline positions Aidoc as a long-term leader in clinical AI.”

The new capital will support further development of Aidoc’s CARE foundation model, expansion into additional clinical indications, and new capabilities such as automated imaging draft report creation to power end-to-end clinical AI workflows. It will also drive broader global deployment of its aiOS enterprise AI platform as hospitals consolidate standalone tools under centralized operating frameworks designed to manage and govern AI at scale.

About Aidoc
Aidoc is a global leader in clinical AI focused on helping physicians make earlier, safer diagnoses by turning raw patient signals into actionable insight. The company is powered by its breakthrough CARE™ foundation model and an enterprise AI platform, Aidoc aiOS™, embedding AI directly into clinical workflows, enabling health systems to deploy, manage and scale multiple FDA-cleared solutions through a centralized operating layer. Aidoc’s technology has analyzed more than 110 million patient cases and is deployed in nearly 2,000 hospitals worldwide, supporting clinical decision-making for approximately 60 million patients each year.

About Growth Equity at Goldman Sachs Alternatives
Goldman Sachs is one of the leading investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.

The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world’s leading institutions, financial advisors, and individuals. Goldman Sachs has approximately $3.6 trillion in assets under supervision globally as of December 31, 2025.

Since 2003, Growth Equity at Goldman Sachs Alternatives has invested over $13 billion in companies led by visionary founders and CEOs. The team focuses on investments in growth-stage and technology-driven companies spanning multiple industries, including enterprise technology, financial technology, consumer and healthcare.

Media Contact
Sarah Small
[email protected]         
1 (929) 255 1449

SOURCE Aidoc

QualiFi LLC Secures $5,000,000 SBA 7(a) Financing for West Coast-Based Medical Staffing Company

BROOMALL, Pa., April 29, 2026 — QualiFi LLC, a provider of strategic business financing solutions, today announced the successful structuring and placement of a $5 million SBA 7(a) loan for a West Coast-based medical staffing company.

The financing will support the company’s continued expansion, enhance working capital flexibility, and position the business for sustained long-term growth in the rapidly evolving healthcare staffing sector.

Approximately 30% of the proceeds were used to refinance higher-cost, short-term debt—significantly improving the company’s capital structure—while the remaining 70% will be deployed toward strategic growth initiatives, including scaling operations and meeting rising demand across its markets.

The borrower, a growing provider of healthcare personnel to hospitals and medical facilities throughout the West Coast, required a flexible and scalable capital solution to better manage payroll cycles, reduce financing costs, and expand operational capacity. Following a comprehensive underwriting and strategic review process, QualiFi LLC structured and secured an SBA-backed facility aligned with both the company’s immediate operational needs and long-term growth objectives.

“This was a case where the business fundamentals were strong, but the capital structure needed to evolve alongside the company’s growth,” said Eddie DeAngelis, Founder and CEO of QualiFi LLC. “By refinancing higher-cost debt and introducing long-term SBA financing, we created greater stability while providing meaningful runway for continued expansion.”

The transaction underscores QualiFi LLC’s differentiated approach—combining in-house underwriting expertise, disciplined deal structuring, and deep lender relationships to deliver tailored financing solutions designed for long-term success.

“Access to the right capital at the right time is critical in healthcare staffing, especially given the pace of demand today,” said a representative of the borrower. “QualiFi LLC took the time to understand our business and delivered a solution that supports where we’re going—not just where we are.”

Continued Growth and Expansion
This transaction comes amid a period of strong momentum for QualiFi LLC, as the firm continues to expand its national footprint and client base.
Year-to-date in 2026, QualiFi LLC has secured more than $80 million in financing across a diverse range of industries and has grown its team to over 30 professionals.
Since its founding, the firm has facilitated more than $400 million in total funding, supporting businesses nationwide with customized, growth-oriented capital solutions.

About QualiFi LLC
QualiFi LLC is a boutique business financing firm specializing in creative structuring and securing capital solutions for small to mid-market companies across the United States. Through a combination of in-house underwriting, strategic lender relationships, and a client-first advisory approach, QualiFi provides access to a comprehensive suite of financing options, including SBA loans, lines of credit, term loans, equipment financing, and asset-based lending solutions.

Media Contact
QualiFi LLC
1974 Sproul Road, Suite 200
Broomall, PA 19008
833.933.3665
[email protected]
GoQualiFi.com

SOURCE QualiFi, LLC