Founded less than a year ago by two monday.com alumni, Blocks.diy is the first to combine an AI app builder with smart agents that multiply productivity. These agents extract, analyze, and coordinate data across systems automatically, while professionals guide their behavior. The platform integrates with systems like HubSpot CRM, LinkedIn, and monday.com boards, shifting work tools from passive to active, intelligent processes.

Blocks.diy also offers a marketplace of expert-built templates, ready to use or customize. The platform is already used by hospitals, venture funds, and tech operations teams and meets SOC 2, ISO 27001, and GDPR standards, ensuring customized tools meet regulatory standards.

“During my seven years leading product development at monday.com, I saw how no-code tools improved efficiency,” explains Michal Lupu, Co-Founder and CEO of Blocks.diy. “AI has lowered barriers to software development, but Blocks.diy goes further, empowering teams to build smart work tools in a secure environment, with no dev team needed.”

“Working with Michal and Tal at monday.com, we saw their strategic and technological strengths,” notes Roy Mann, co-founder and CEO of monday.com. “We’re proud that this is our first external investment, supporting entrepreneurs we know and trust to shape the future of work.”

“Michal and Tal recognized that the power of AI is making it accessible to every employee,” says Erez Shachar, Managing Partner at Qumra Capital. “We’re excited to support their mission to help organizations build personalized AI tools and create more efficient workplaces.”

About Blocks.diy:
Founded in 2025 by monday.com alumni, Blocks.diy is an AI-native platform that lets organizations build intelligent work tools and AI agents through simple conversation. It integrates with existing systems while professionals retain control, enabling employees at any level to create solutions that drive productivity and results.

Media Contact
Inbar Kneller
ReBlonde for Blocks.diy
[email protected] 

Photo – https://mma.prnewswire.com/media/2770173/Blocks_diy_team.jpg

SOURCE Blocks.diy

With two orbital demonstrations completed, Rendezvous will advance its 5^th-generation TESSERAE in-space assembly system on the ISS in 2026.

• Co-founded by Dr. Ariel Ekblaw, inventor of TESSERAE at MIT and founder of the Aurelia Institute, together with Phil Frank, an experienced technology executive, and Joe Landon, an experienced space executive.
• Flat-packed, modular systems autonomously assemble scalable infrastructure directly in orbit — solving the bottleneck rockets can’t.
• $3M Pre-seed funding supports team expansion and transition from demonstrations to large-scale platforms for national security, commerce and exploration.

GOLDEN, Colo., Sept. 10, 2025 — Rendezvous Robotics, a breakthrough space infrastructure company pioneering modular, autonomous in-orbit assembly, today announced the close of its Pre-Seed round and emergence from stealth. Its patented TESSERAE technology was invented at MIT by Dr. Ariel Ekblaw, incubated at the Aurelia Institute, and spun out as Rendezvous co-founded by Ekblaw alongside Phil Frank and Joe Landon. The leadership team brings experience from SpaceX, Blue Origin, Lockheed Martin, and Nokia — spanning aerospace, telecom, and advanced technology — to enable the first-of-its-kind development of large-scale infrastructure built in orbit.

For more than six decades, space infrastructure has been limited by what can be folded up to fit inside rocket fairings. Rendezvous is redefining what’s possible by launching modular tiles to assemble systems and infrastructure in space. Its patented flat-packed modular tiles and autonomous swarm robotics assemble directly in orbit using electromagnetic formation flying. The autonomous modules dock, correct mistakes, and can reconfigure over time — creating infrastructure beyond what is currently available: scalable, reconfigurable, and resilient platforms for national security, commerce and exploration.

“The ISS is about the size of a four-bedroom house, costing over $100 billion to build,” said Phil Frank, Co-Founder and CEO of Rendezvous. “It’s a remarkable achievement, but if we’re truly going to scale in space, we need a better way to build.“

“It’s time to profoundly scale up our ambitions in orbit. We’re launching a new paradigm for in-space construction,” said Dr. Ariel Ekblaw, Co-Founder of Rendezvous. “This technology makes more room for humanity — space for science, for nations, for life itself.”

The system builds on years of research, testing and demonstrations – from parabolic flights to Blue Origin’s New Shepard, to two missions aboard the International Space Station (ISS) with NASA support. Having proven performance in orbit, Rendezvous is now advancing toward large-scale systems designed to self-assemble, self-correct, and endure in the harshest space environments.

“No one has done this before — intelligent assembly in orbit, proven in space and now ready to scale,” said Joe Landon, Co-Founder and President of Rendezvous. “This is the technology that will enable antennas larger than football fields, reconfigurable systems for defense, orbital solar farms, and even data centers in space. Launch opened access to space; Rendezvous is building what comes next.”

Rendezvous has secured $3M in pre-seed funding led by Aurelia Foundry and 8090 Industries, with participation from ATX Venture Partners, Mana Ventures, and a group of other significant angel investors. This initial raise fuels team expansion and accelerates the transition from proven demonstrations to large-scale orbital platforms. The company expects to share additional funding details in the coming weeks.

Looking ahead, Rendezvous will demonstrate its 5th-generation technology on the ISS in early 2026 — its third orbital demonstration and a milestone toward building large mission-specific systems and infrastructure directly in space.

About Rendezvous Robotics

Rendezvous builds space infrastructure using modular, autonomous systems that assemble in orbit. Its patented TESSERAE technology enables scalable, reconfigurable, and resilient infrastructure in space — serving national security, commercial and civil markets. Flight-tested in orbit, Rendezvous is advancing from demonstrations to large-scale orbital systems. Invented at MIT, incubated at the Aurelia Institute, and validated in orbit, Rendezvous is defining how humanity builds in space.

SOURCE Rendezvous Robotics

SAN FRANCISCO, Sept. 10, 2025 — Standard Fleet, a fleet management platform for the connected-vehicle era, has raised $13 million in Series A funding and expanded its hardware-free Digital Key product.

The funding round was led by Nova Threshold, with participation from WEX Venture Capital, SNR, Garry Tan, CEO of Y Combinator, Salil Deshpande of Uncorrelated Ventures and Apoorv Bhargava, founder of WeaveGrid. Returning investors include Burst Capital, Canvas Ventures, Liquid2, Night Capital, Olive Capital, UP2398 and Danny Wen.

Most new vehicles come off the assembly line with embedded connectivity, but the majority of fleet management systems still rely on hardware and manual processes. Standard Fleet eliminates that problem by connecting directly to a vehicle with a system that supports more than 30 automakers, covering EVs, hybrids and internal combustion engines.

Aggregating over 1,000 data points, Standard Fleet is the first fleet management platform to combine telematics with digital key access and payments for rental, rideshare, leasing, insurance and service fleets. That means no installation delays or additional device costs.

“Our platform connects directly to the vehicle itself, so operators can scale faster, control access in real time, and streamline operations across diverse vehicle types without costly or time-consuming installs,” said David Hodge, founder and CEO of Standard Fleet. “We’re helping fleets address operational challenges, including the thousands of hours spent annually just managing keys and hardware.”

For fleets with existing hardware, Standard Fleet can integrate with leading third-party providers, which is common for vehicles manufactured before 2018. The platform is designed to be flexible, supporting both connected vehicles and those that still rely on traditional telematics devices.

Digital Key: Instant Access, Zero Hardware

Standard Fleet’s Digital Key gives fleet operators the ability to grant instant, remote vehicle access with no hardware installs or key handoffs in less than 60 seconds, even without cell service or WiFi. Operators can issue, revoke or schedule access via a secure link, with role-based permissions and full audit trails for control and accountability.

The Bluetooth-enabled solution delivers instant, secure vehicle access and has already powered more than 75,000 trips with existing Standard Fleet EV customers. With this launch, Digital Key is now available to new fleet customers and mixed fleets, including EVs, hybrids and internal combustion vehicles.

“Standard Fleet has been instrumental in helping us scale our operations across multiple markets. Digital Key has saved our team countless hours by streamlining vehicle turnaround and empowering us to confidently manage a 2,500+ vehicle fleet,” said Henok Menas, chief marketing officer, DriveWhip. “Paired with fleet dashboards, remote commands and vehicle health alerts, the platform helps keep our operation running seamlessly. The shift from reactive to proactive management has been a major boost to our efficiency and productivity.”

Standard Fleet’s Digital Key is the only solution on the market combining digital access with integrated payments and telematics. It automates payments for EV charging, tolls, rental extensions and other fees, enabling daily payouts to providers and instant access revocation for nonpayment.

“Standard Fleet is bringing a new solution to fleet management by embracing vehicle connectivity and data, not ignoring it,” said David Klein, head of WEX Venture Capital. “By removing complexity and giving fleets real-time control, they are giving fleets the tools to scale quickly, addressing a critical need in a rapidly evolving market. They are a tremendous addition to our growing portfolio of innovative companies across mobility and the energy transition.”

According to a 2024 report by ResearchAndMarkets, the global fleet management systems market is projected to grow from $24.6 billion in 2023 to $71.7 billion by 2030, driven by EV adoption and connected vehicle data. Standard Fleet is uniquely positioned as a next-generation, OEM-agnostic solution designed to help rental, rideshare, leasing, insurance and service fleets scale efficiently in this rapidly growing sector.

For more information about Standard Fleet, please visit www.standardfleet.com.

SOURCE Standard Fleet

XIAMEN, China, Sept. 10, 2025 — POP Culture Group Co., Ltd. (“Company”) (NASDAQ: CPOP) today announced the completion of a major strategic investment in the cryptocurrency Bitcoin (BTC), totaling $33 million and representing 300 BTC.

Furthering its commitment to digital innovation, POP Culture Group Co., Ltd. is establishing a diversified cryptocurrency fund pool focused on stable and transparent assets including BTC, ETH, and BOT. The fund aims to invest in:

1.  Promising cryptocurrencies in the Web3 pan-entertainment track;
2.  Projects with high investment value and growth potential;
3.  High-quality equity projects aligned with the Company’s strategy and business; and
4.  High-quality artist incubation or artist management projects.

Huang Zhuoqin, CEO of POP Culture Group Co., Ltd., commented: “Our strategic cryptocurrency investment marks the beginning of a vision to build not only a pan-entertainment platform, but a global Web3 pan-entertainment super ecosystem. Spanning live entertainment, digital entertainment, short films, and artist management, we aim to create a symbiotic network deeply connecting creators, users, and the platform itself. Entertainment will transform from disposable emotional experiences into sustainably appreciating digital assets.”

This initiative underscores the Company’s position at the forefront of integrating digital assets and entertainment, fostering long-term value for stakeholders worldwide.

About CPOP (Pop Culture Group Co., Ltd):

Pop Culture Group Co., Ltd is a cultural industry operation enterprise focused on the industrialization of Chinese Pop Culture, incorporated in the Cayman Islands with its main operations located in China. The company offers a range of services including live performances, artist management, intellectual property rights, film and television production, MCN (Multi-Channel Network), and entertainment marketing. Originally focused on hip-hop culture, Pop Culture Group Co., Ltd has evolved into a diversified group specializing in Chinese Pop Culture. Its comprehensive business ecosystem spans both online and offline platforms, including: (1) live entertainment events (such as concerts, music festivals, street dance competitions, and other performances); (2) digital entertainment services; (3) artist management and agency services; and (4) investment in and production of film and television content featuring elements of Chinese Pop Culture.

Safe Harbor Statement

This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, and are based on the company’s current expectations and projections of future events that it believes may affect its financial condition, operating results, business strategies, and financial needs. Investors can identify these forward-looking statements by terms such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is likely to,” “potential,” “continue,” or other similar expressions. Except as required by law, the company is not obligated to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations. Although the company believes the expectations expressed in these forward-looking statements are reasonable, there is no guarantee that these expectations will prove correct. The company reminds investors that actual results may differ materially from expected results and encourages them to review other factors that may affect its future results, as disclosed in the company’s registration statements and other filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov.

For inquiries, please contact:
POP Culture Group Co., Ltd.
Email: [email protected] 

SOURCE Pop Culture Group Co., Ltd

WASHINGTON, Sept. 10, 2025 — Cloud Capital, a leading global data center investment management firm, today announced the final close of Cloud Capital Fund II, an opportunistic closed-end investment vehicle focused on acquiring and developing high-quality data centers across the United States. The Fund was oversubscribed, reflecting strong investor confidence in Cloud Capital’s specialist data center expertise, strong tenant relationships, and unique access to compelling data center investments.

Cloud Capital Fund II focuses on acquiring and developing strategically located data center assets across the United States that support hyperscale and AI-driven workloads. The Fund provides investors with access to opportunistic, de-risked tenant-led data center investments, while complementing Cloud Capital’s wide range of product offerings.

“As demand for digital infrastructure continues to accelerate, Cloud Capital’s differentiated investment strategy, long-standing experience, access to off market deal flow and tenant relationships is paramount,” said Shariar Mohajer, Cloud Capital’s President and Chief Investment Officer. “We remain deeply focused on generating value for our investors through disciplined execution and hands-on approach to value creation.”

To date, the Fund has already made several investments and has deployed a meaningful portion of committed capital across multiple transactions, including assets supporting the network needs of a hyperscaler. These investments exemplify Cloud Capital’s ability to secure and execute exclusive, off-market opportunities.

Cloud Capital Fund II attracted a diverse group of institutional limited partners, including U.S. public and corporate pension funds, asset management firms, and family offices across North America, Europe, the Middle East, and Asia-Pacific. The strong participation from both new and existing limited partners underscores the depth of global demand for access to Cloud Capital’s differentiated investment strategy.

“We are honored to have earned the trust of our global institutional investor base and are proud to have successfully held our final close for Fund II,” said Vivian Tongalson, Head of Investor Relations & Capital Formation, Americas at Cloud Capital. “The Fund’s final close is a testament to our strong relationships with new and existing limited partners, experienced team, and proprietary sourcing capabilities.”

Vivian Tongalson also remarked, “We would like to thank our limited partners for their continued support and look forward to building on our partnership. Cloud Capital continues to see strong deal flow and we remain committed to providing investors access to differentiated investment opportunities across the risk spectrum while broadening our suite of product offerings.”

About Cloud Capital

Cloud Capital is a leading global specialized investment management firm focused on acquiring, developing and operating high-quality data centers. Since 2020, Cloud Capital has acquired a portfolio of data center assets worldwide valued at over $5 billion, employing a rigorous and disciplined underwriting process for both proprietary and off-market data center transactions and active hands-on asset management. Cloud Capital has offices in Washington, D.C., Tampa, Florida, and London.

For more information, please visit: www.cloudcapital.com

Contact: [email protected]

SOURCE Cloud Capital

Brothers Team Up with Fourth-Generation Pest Pro to Build Nation’s First On-Demand Pest Control Platform

NAMPA, Idaho, Sept. 10, 2025 — Pest Share, the leading on-demand pest control platform for residential property managers, today announces it has raised a $28 million Series A led by Integrity Growth Partners (“IGP”) with participation from existing investors, including MetaProp, Capital Eleven and RE Angels. The funding will accelerate Pest Share’s expansion across the single-family and multifamily rental markets, advance product innovation and deepen partnerships with leading property management platforms. Pest Share already services 48 states with 300,000 residential units on the platform and is trusted by companies like Re/Max, Roofstock, and ARK Homes For Rent.

A first-of-its-kind business model for the industry, Pest Share modernizes pest control through a new, tech-centric business model that integrates directly with property management systems, automating service dispatch and connecting residents with a national network of vetted service providers. Offered as a standalone amenity or as part of a resident benefit package, Pest Share delivers a seamless experience for residents to resolve pest issues, while enabling property managers to reduce operational headaches, improve service quality and unlock new revenue streams.

The company started in 2020 after local property managers began asking how to better handle pest control for their residents. Landon Cooley, CEO of Pest Share and a fourth-generation pest professional, worked with co-founders Justin Clements, COO, and Tom Clements, CRO, to bring the idea of Pest Share to life to solve this problem. Their deep industry expertise led to the launch of Pest Share, which operates with the mission to transform the pest control industry.

“Property managers have been stuck with a fragmented and administratively burdensome approach to pest control for decades,” said Cooley, CEO and Co-Founder of Pest Share. “We built Pest Share to reimagine that experience — using technology to help property managers efficiently deliver high-quality pest control services at scale. With IGP’s support and the continued partnership of our existing investors, we’re excited to continue to expand this model to property managers and residents nationwide.”

Since launch, Pest Share has become a trusted partner to more than 700 property management companies, from local operators to large national brands. Customers consistently highlight the platform’s ability to shorten service response times, standardize workflows across portfolios and deliver measurable time and cost savings — all while improving the resident experience.

“Pest Share has created a modern, automated, and tech-enabled solution for a problem that touches nearly every property manager,” said Doyl Burkett, Co-Founder and Managing Partner at Integrity Growth Partners. “We’re excited to back a team that deeply understands the industry’s operational pain points and has built a platform that fundamentally changes how pest services are delivered and managed.”

For more information, visit www.pestshare.com.

About Pest Share
Pest Share is the leading on-demand pest control platform purpose-built for residential property managers. Pest Share integrates with leading property management systems and leverages a national network of vetted service providers to help property managers address their residents’ pest issues. Pest Share streamlines pest issue resolution, reduces costs, and elevates the resident experience. For more information, visit www.pestshare.com.

About Integrity Growth Partners
Integrity Growth Partners (“IGP”) is a Los Angeles-based growth equity firm that invests in founder-led, capital-efficient lower middle market software and tech-enabled services companies. IGP targets high-growth businesses with established products and business models, bringing a differentiated combination of investing and operating experience. For more information, visit www.integritygp.com.

For media inquiries please contact:
Steph Hadas
5W Public Relations
[email protected] 

SOURCE Pest Share

SAN FRANCISCO, Sept. 10, 2025 — Caplight today launched 2.0, an AI platform for venture investors to discover and evaluate private companies. The new product complements the company’s trusted secondary market data, pricing, and liquidity tools.

Sourcing and qualifying private companies remains one of venture capital’s biggest time sinks, costing individual investors up to 1,000 hours a year. Caplight’s new platform solves this by putting all of the information a VC needs to qualify or disqualify an opportunity in one place, including:

• More company data: Continuously updated profiles for more than 20,000 private companies, including business models, customer segments, sectors, and verticals.
• Funding round data: Over 60,000 venture funding rounds, complete fundraising histories, amounts raised, and valuations.
• Investor data: More than 10,000 venture firms and 100,000 VC investor contacts, with visibility into which funds are backing which themes and companies.
• Market signals: $300B+ in proprietary secondary transaction data and sentiment signals from news and social media.
• AI-powered search and alerts: Use chat-based queries to search by thesis, investor, fundraising activity, and more to find high-quality companies. Save target lists and get real-time updates.

“Caplight 2.0 ensures venture investors never miss a company that fits their thesis. Spend less time in spreadsheets, and more time building relationships with world-class founders,” said Javier Avalos, Caplight’s CEO.

Caplight’s customers include top venture firms, institutional asset managers, hedge funds, and investment banks, together managing over $30 trillion in assets. With Caplight 2.0, the company advances its mission to unlock more capital for the venture asset class through better data.

Caplight 2.0 is available now in beta. Learn more and request early access at Caplight.com.

About Caplight

Caplight Technologies, Inc. is a financial technology company providing data and liquidity solutions to the private market. The company’s patented price discovery tools enable market participants to navigate venture capital with more confidence. Securities are offered through Caplight Markets LLC, member FINRA/SIPC, a wholly-owned subsidiary of Caplight Technologies, Inc.

For inquiries, contact: [email protected]

SOURCE Caplight

Insight Partners leads; seven major U.S. health systems join. Funding accelerates the global rollout of Optain’s advanced robotic retinal imaging, AI, and teleophthalmology platform.

NEW YORK, Sept. 10, 2025 — Optain Health, a healthcare technology company applying artificial intelligence (AI), robotic retinal imaging, and teleophthalmology to detect eye and systemic disease earlier, today announced the close of an oversubscribed $26 million Series A. The raise was led by global software investor Insight Partners with participation from existing investors.

A single, non-invasive test, run anywhere: Oculomics—the science of using the eye as a window into whole-body health—powers Optain’s platform. Its portable robotic camera captures retinal images rapidly without requiring pupil dilation. Integrated AI workflows detect sight-threatening eye diseases, including diabetic retinopathy, glaucoma, and age-related macular degeneration, and assess cardiovascular disease risk. In the U.S., Optain delivers rapid teleophthalmology grading to screen for diabetic retinopathy and more. Optain’s technology expands access to oculomics into primary care, optometry, and beyond, with minimal specialist staffing or workflow disruption.

“Our mission is simple: faster, easier, more equitable disease screening,” said Jeff Dunkel, CEO, Optain. “After two years of major international growth, we are ready to scale in the U.S. This Series A funds our enterprise deployments, opens new markets, and pushes the frontier of what the retina can reveal.”

Strategic health system and global investor participation: Insight was joined by seven leading health system investors, among them: Memorial Hermann Health System, Northwell Health, Novant Health, The Ohio State University Wexner Medical Center, and UPMC. Together, these systems deliver care to 28 million patients across 25 states. Each will begin deploying Optain’s platform across their networks to expand screening access, close care gaps, and improve outcomes. Additional investors, including Informed Ventures, Lumio Capital, Meridian Ventures, and the UniQuest Extension Fund will accelerate the growth of Optain’s global footprint in Australia, Europe, the Middle East, and Southeast Asia.

“Optain represents our conviction in the power of better AI—deployed at the edge, inside clinical workflows,” said Scott Barclay, Managing Director at Insight Partners. “By making retinopathy screening truly accessible, Optain is already changing care delivery—and we believe it will become the upstream gateway in primary care for AI-driven diagnoses across many conditions.”

Backed by leading health systems and clinical leaders. Optain was co-created in 2023 by Aegis Ventures which also formed the Aegis Digital Consortium, a collaboration of 11 leading regional U.S. health systems to co-develop AI-driven healthtech companies. “Early retinal screening for diabetic retinopathy and chronic disease closes a critical care gap,” said Dr. John Noseworthy, Chairman of the Aegis Digital Consortium and Emeritus CEO of Mayo Clinic. “Clinicians have been waiting for a solution that meets patients where they are, and Optain is delivering a best-in-class product that is achieving real adoption. By deploying Optain in patient care and investing in the company, Consortium members have shown strong confidence in its value for enabling early detection and better outcomes.” Dr. Noseworthy will join Optain’s board as an observer, representing the strategic health systems.

Australian R&D powering global impact. Optain’s technology builds on more than a decade of research led by Professor Mingguang He in Australia. “We’re proud to be translating world-class Australian science into real-world impact,” said Dr. Zachary Tan, President of Optain. “We are making significant investments in new Australian R&D and growing our local team, who will lead our global expansion outside of the U.S. Exporting Australian AI innovation to improve equitable access to healthcare and patient outcomes around the world is a mission we are proud to lead.”

About Optain
Optain transforms preventive health with AI-enabled software and hardware that deliver real-time, non-invasive detection of eye and systemic conditions. Its portable robotic retinal camera, AI, and teleophthalmology service give clinicians an affordable point-of-care tool to close care gaps, reduce avoidable costs, and improve patient outcomes. Learn more at optainhealth.com/us and follow us on LinkedIn.

About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

Media Contact
Kara Spak for Optain: [email protected]

This press release includes forward-looking statements concerning future events. These statements involve risks and uncertainties, and actual results may differ from those expressed or implied. Factors beyond the control of Optain Health and its affiliates may affect future performance. Optain Health and its affiliates do not commit to updating forward-looking statements considering future events or changes in expectations. 

Optain Health utilizes teleophthalmology services in the U.S. Automated disease detection software is not for sale in the U.S.

SOURCE Optain Health

Investment accelerates global adoption of Noxilizer’s terminal sterilization alternative that is validated, safe, scalable and sustainable for biopharmaceutical and medical device manufacturers

HANOVER, Md., Sept. 10, 2025 — Noxilizer, Inc. (“Noxilizer”), the leader in nitrogen dioxide-based terminal sterilization for biopharmaceutical and medical device products, today announced a growth capital financing of $30 million led by NewVale Capital, a growth equity firm focused on the pharmaceutical services sector.

Noxilizer’s nitrogen dioxide (“NO₂”) sterilization platform plays a pivotal role in addressing the urgent market demand for alternatives to ethylene oxide (“EtO”), with leading pharmaceutical, biotechnology, and medical device companies already relying on Noxilizer to sterilize critical drug-device combination products. This growth financing will expand access to Noxilizer’s NO₂ sterilization platform to meet growing global demand.

“This investment allows us to broaden availability of NO₂ sterilization at a time when manufacturers urgently need validated, commercial-ready alternatives to existing methods,” said Christopher Thatcher, President and Chief Executive Officer of Noxilizer. “We’re proud to provide a platform that is already trusted in commercial-stage products. With NewVale Capital’s support, we are strengthening our foundation to serve our customers at scale, with long-term reliability, especially as EtO contract sterilization providers face increasing remediation mandates and capacity constraints.”

Noxilizer provides biopharmaceutical and medical device manufacturers with a proven commercial-grade sterilization alternative that offers:

• Commercial and Regulatory Validation: Approved by global regulatory authorities and used in marketed biopharmaceutical products
• Safety and Sustainability: Non-carcinogenic with emissions that meet room air quality standards
• Compatibility: Works with sensitive biologics, drug-device combinations, and delivery systems
• Efficiency and Scale: Provides fast cycle times, can be used in-house, and supports supply chain reliability

“Noxilizer represents one of the most viable alternatives to EtO in the market today,” said Todd Holmes, Founder and Managing Partner of NewVale Capital. “The platform has already been adopted by a growing list of leading manufacturers, and we’re excited to support Noxilizer through its next phase of expansion to meet the rising demand for sustainable, next-generation sterilization.”

About Noxilizer

Noxilizer provides ultra-low temperature nitrogen dioxide (NO₂) terminal sterilization for the pharmaceutical, biotechnology, and medical device industries. With FDA approvals and clearance, EMA authorization, and adoption by leading global manufacturers, Noxilizer’s NO₂ sterilization is a safe, efficient, and scalable alternative to existing methods. The company offers R&D studies, packaging and design consulting, validation and customer and technical support in addition to its proprietary sterilization equipment and consumables. Noxilizer is headquartered in Hanover, Maryland. For more information, please visit: www.noxilizer.com.

About NewVale Capital

Founded in 2021, NewVale Capital is a growth equity investment firm focused on the services architecture underpinning the life science industry. The firm invests in proven, revenue-generating services businesses across the life science ecosystem that are helping to bring the next generation of medicines to patients. For more information, please visit: www.newvalecapital.com.

Media Contact:
Peg Rusconi
Senior Vice President, Media
[email protected]

SOURCE Noxilizer, Inc.