Category Archives: Deals

Cyclops Announces $20M Series A led by Nava Ventures to Bring Stablecoin Rails to Payments Industry

Cyclops is on a mission to become the backbone of global money movement

MIAMI, July 15, 2026 — Cyclops announced that it has raised a $20M Series A led by Nava Ventures with participation from Castle Island Ventures, Coinbase Ventures, Circle, Lasagna Ventures and Global PayTech Ventures, helmed by Javier Perez, former President of Mastercard and founding investor in Adyen. As part of the round, Kevin Chenault of Nava Ventures joined the Cyclops board. Cyclops, founded by Alex Wilson, Pat Duffy and David Johnson, is the only stablecoin infrastructure company built exclusively for the payments industry.

“There is no better team equipped to solve this problem. They lived in this world already and know exactly where the pain points are. Coming from the payments industry themselves, they are bringing the missing link of purpose built stablecoin infrastructure for the payments industry to scale the next wave of stablecoin growth.” said Kevin Chenault from Nava Ventures.

While demand for stablecoins is clear, payments companies have struggled to scale these efforts with legacy providers. Cyclops, built exclusively for payments companies, helps them bring stablecoin products to market more quickly by offering the only all-in-one solution purpose built for payments. Previously, payments companies had to stitch together multiple solutions in order to offer products such as stablecoin settlement or pay-ins and payouts. With Cyclops, they can now get everything from one partner and bring solutions to market in weeks rather than months or years.

Stablecoins have reached an inflection point and their adoption has been accelerated by agentic commerce. Payments companies are uniquely positioned to benefit from the growth of stablecoins but have historically struggled to adopt the technology. Cyclops is here to change that.” said Alex Wilson, Co-Founder of Cyclops.

The Cyclops founding team has deep payments expertise. Pat Duffy and Alex Wilson previously founded The Giving Block, an end-to-end crypto fundraising solution for nonprofits. The Giving Block was acquired by Shift4 where they led the crypto and stablecoin division for nearly four years. Third co-founder David Johnson, the international technology lawyer, is the architect behind Cyclops’ unique approach to global licensing. Cyclops has grown its merchant network to 300,000, expanded globally, and grown volume 350% MoM. In less than one year, the team has grown to 31 employees with plans to double headcount by year end.

“I spent my career helping to build the rails that moved money over the last 50 years. I’ve been looking for the opportunity to invest in the platform that will power the next 50. We’re betting on Cyclops to be that platform.” said Javier Perez, Founder & Managing Partner of Global PayTech Ventures.

As Cyclops powers the wave of stablecoin adoption for payments companies, this new funding will help accelerate product development, expand local teams and licensing, and grow the go to market team. To join the team or learn more, visit cyclops.io.

About Cyclops
Cyclops enables payments companies to onboard with a single partner, unlocking stablecoin settlement, payins, payouts and treasury optimization across global corridors – all through a single API.

Cyclops was founded by payments executives and crypto veterans who were fed up with stablecoin fragmentation. The first complete stablecoin platform built exclusively for the payments industry, Cyclops combines the agility of orchestration with the comprehensive build outs of full-stack providers. Cyclops has end-to-end integrations to every leading provider at every layer of the stablecoin stack, and proprietary technology built on top to make payments use cases effortless. With this unique approach, Cyclops is the only platform offering product and license redundancy in all major markets, with dozens of partners and over 100 global licenses.

Learn more at cyclops.io.

SOURCE Cyclops

ORANGE JUICE Raises $40 Million to Launch Permanent Capital Company Backed by a Bitcoin Treasury

Company offers business owners a long-term alternative to traditional private equity through permanent ownership, operational improvement and a Bitcoin treasury.

WESTPORT, Conn., July 15, 2026 — ORANGE JUICE (www.orangejuice.com) today announced it had raised $40 million to launch a company that will acquire, improve and permanently own American businesses. The company combines long-term ownership, operational improvement and a Bitcoin treasury.

“Building a business takes decades. Founders deserve more than one path when it’s time to transition ownership,” said founding partner Nico Lechuga. “We believe permanent capital offers an important alternative to traditional private equity.”

Over the coming decades, a significant wave of business successions will take place. Unlike traditional private equity, ORANGE JUICE is not constrained by fund cycles or the pressure to resell, allowing it to focus on the long-term health of its businesses.

ORANGE JUICE intends to pursue a public listing in the future to provide a liquid ownership currency and access to capital markets.

ORANGE JUICE was founded by partners from ego death capital, a leading Bitcoin venture capital firm, including Jeff Booth, Lyn Alden, Nico Lechuga, and Andi Pitt, along with Adrian Steckel, plus Ruben Zweiban as operating partner. Ricardo Salinas, the Mexican founder and chairman of Grupo Salinas, is participating as anchor investor.

“I have built a diversified conglomerate serving millions of customers in Latin America and employing over 170,000 people. From this I have learned two things: cash flow is king, and you cannot count on governments to protect the value of your money,” said Ricardo Salinas. “ORANGE JUICE is built on both — cash flowing companies and a Bitcoin treasury. That is why I am backing this team.”

ORANGE JUICE will initially acquire stable, cash-flow-generating businesses with $1 million to $10 million in annual cash flow across a range of sectors.

Acquired businesses will maintain their identities. Founders may retire, continue leading their businesses or transition gradually over time. Sellers receive part of their consideration in ORANGE JUICE equity, enabling continued participation in the long-term upside.

Artificial intelligence is creating one of the largest productivity shifts in decades. ORANGE JUICE is assembling an in-house operating team to support operational improvements and help portfolio companies successfully navigate the AI transition.

Cash generated by the businesses will be reinvested into acquisitions or the Bitcoin treasury, with conservative use of leverage and capital markets.

Business owners, investors and prospective partners can learn more at orangejuice.com or contact 
[email protected].

Follow ORANGE JUICE on X: @orangejuice_btc.

About ORANGE JUICE: ORANGE JUICE HODLINGS Inc. (www.orangejuice.com) (“ORANGE JUICE”) acquires, improves, and permanently holds cash-flow-generating businesses, backed by a Bitcoin treasury. Founded in 2026, ORANGE JUICE is headquartered in Connecticut, USA.

Brand Architect and Creative Director: Lauren Cosenza (laurencosenza.com)

Legal Advisor: Latham & Watkins LLP (lw.com)

Media Inquiries: [email protected]

Forward-Looking Statements. This press release contains forward-looking statements, including statements regarding ORANGE JUICE’s business strategy, acquisition plans, capital raise, Bitcoin treasury strategy, use of artificial intelligence, expected growth, potential public listing, and use of leverage and capital markets. These statements are based on current expectations, estimates, assumptions and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. ORANGE JUICE undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.

No Offer or Solicitation. This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Any securities offering, if made, will be made only pursuant to definitive offering documents and in accordance with applicable law.

SOURCE ORANGE JUICE

Maywood Launches Maverick, a Compliant Proactive Agent That Surfaces Deal Signals for Senior Finance Professionals

Unlike tools that wait to be prompted, Maverick runs inside a firm’s own environment, monitoring relationships and live deals to surface the outreach worth making today, with a human approving every external action.

NEW YORK, July 15, 2026Maywood today publicly launched Maverick, an agentic platform built for senior bankers, investors, and financial services professionals. Unlike research and drafting tools that a user opens and prompts, Maverick switches the script and prompts the user, operating proactively: it works inside a firm’s existing email, calendar, file storage, and CRM environment, monitors internal and external signals, and surfaces prioritized outreach, relationship context, and personalized ready-to-review drafts directly to the professional.

“The bankers and investors who win are the ones who reach out to the right person at the right moment, with all of the necessary context and more,” said Drake Goodman, CEO and co-founder of Maywood. “Most tools make that easier only after you remember to go looking. Maverick removes the step of remembering. It brings the outreach to you.”

Maverick’s core capabilities include:

  • Continuous monitoring of a firm’s relationship network and deal book on both scheduled and triggered tracks, from a daily morning brief and inbox sweeps to real-time alerts on counterparty announcements, refinancing, lateral moves, and contact reactivations.
  • Relationship intelligence that reconciles inbox recency, calendar history, and CRM context into a live network view, resurfacing dormant but valuable connections before they go cold.
  • Deal momentum, moving live mandates forward by drafting replies, flagging next steps, and pushing process without waiting to be asked.
  • Associate-level execution, handling the follow-ups, CRM updates, meeting prep, and reconciliation a trained teammate would, without the wait.

Maverick is available now. Firms interested in seeing Maverick run inside their own environment can request a demo at www.maywoodai.com/request-demo.

Maverick runs inside an environment the client controls, connects to existing systems through each user’s existing permissions, and keeps a human approval gate on any external-facing action. The platform is designed to support firms’ compliance with FINRA and SEC requirements and holds SOC 2 Type II certification.

About Maywood
Maywood is a leader in proactive AI for finance, spanning investment banking, commercial banking, lending, private credit, private equity, wealth management, auditing, and business development. Its agent Maverick is the first finance-compliant proactive AI that runs 24/7, purpose-built for managing directors and partners. Every senior professional carries hundreds of relationships and dozens of live deals, and today’s AI waits to be prompted, making the human the bottleneck. Maywood inverts that: it works in the background across your network and your deal book, surfacing moves, drafting replies, and pushing process forward. For more information, visit www.maywoodai.com and follow us on LinkedIn.

Media Contact
[email protected]

SOURCE Maywood

ACE & Company Bets on Private Markets’ Overlooked Opportunities with New ACE Private Equity Platform

Unified Independent Sponsors and Secondaries business targets fragmented lower middle-market and LP-led opportunities

NEW YORK and GENEVA, July 15, 2026 — ACE & Company today announced the launch of ACE Private Equity, a dedicated business bringing together the firm’s Independent Sponsors and Secondaries strategies under a unified platform. Leveraging ACE & Company’s more than two decades of private market investing experience and over $2.0 billion in assets under management, ACE Private Equity focuses on areas of the market where access, specialization, and deep relationships are critical to success. By targeting fragmented and often overlooked segments across lower middle market buyouts and secondaries, the platform seeks to uncover differentiated opportunities and create long-term value for investors and partners.

“By bringing our capabilities together under one identity, we are strengthening our ability to provide specialist capital to underserved markets while continuing to source high-quality opportunities and drive long-term value creation for investors,” said Rob Callahan, Partner & Co-Head of Independent Sponsors.

ACE Independent Sponsors focuses on partnering with experienced independent sponsors to invest in lower middle-market companies across the United States and Western Europe. The strategy targets high-quality businesses with strong fundamentals and clear operational improvement opportunities, leveraging proprietary deal flow and a highly selective investment approach. The business recently achieved a significant milestone with the first close of ACE Independent Sponsors IV at $143 million, building on the success and performance of prior vintages. Operating in a fragmented and often underserved segment of the market, the strategy seeks to capitalize on attractive entry valuations, strong alignment with management teams, and hands-on value creation initiatives.

ACE Secondaries acquires LP interests in mature private capital funds through relatively small, complex, and often less intermediated secondary transactions. ACE focuses exclusively on LP-led opportunities and is often a buyer of choice for lower-balance secondary interests. The platform recently held the final close of ACE Secondary Investments VIII at $95 million, representing an approximately 80% increase over the previous vintage. The fund continues ACE’s established secondary strategy of targeting lower balance transactions that can provide liquidity in a timely and efficient fashion to sellers of all types.

The close comes amid a supportive market backdrop characterized by an unprecedented opportunity to acquire small-sized commitments to high-quality funds, driven by the massive growth in private wealth allocations to alternative investments. Large unrealized private equity NAV, a significant overhang of unsold LBO assets, extended holding periods, and a weaker exit environment continue to support robust secondary market supply.

“Secondary market supply has become structural, with DPI pressure emerging as the number one driver of transaction activity,” said Sherif El Halwagy, Partner and Head of Secondaries. “This dynamic is creating an attractive environment for investors with the scale, relationships, and underwriting discipline to capitalize on high-quality secondary opportunities.”

As private markets continue to evolve, ACE Private Equity remains focused on identifying opportunities where specialization, partnership, and disciplined execution can create lasting value for investors.

About ACE & Company

ACE & Company is a private equity and venture capital group with more than $2.0 billion in assets under management and over 20 years of investment experience. Headquartered in Geneva, with offices in Zurich, London, New York, and Cairo, the firm operates through three business lines: ACE Ventures, ACE Private Equity, and Investment Solutions. For more information, visit www.aceandcompany.com.

About ACE Private Equity

ACE Private Equity focuses on overlooked segments of private markets where complexity, opacity, and scale create durable investment opportunities. The platform pursues two strategies: Independent Sponsors, targeting lower middle-market buyouts across the United States and Western Europe, and Secondaries, focused on LP-led transactions within mature private equity portfolios. For more information, visit www.aceprivateequity.com.

Contact:
ACE & Company
Elia Innamorati
Investor Relations
[email protected]
+41.22.311.3333

SOURCE ACE & Company

Stark Power Secures up to NIS 146 Million (~$48m) from Leading Israeli Institutions to Accelerate Growth

TEL AVIV, Israel, July 15, 2026Stark Power Ltd. (TASE: STRK) (“Stark Power” or the “Company”), a US-focused energy infrastructure and data center development company, today announced an equity raise of up to approximately NIS 146 million (~$48 million), anchored by Migdal Insurance, one of Israel’s largest institutional investors, along with its current largest shareholders.

Upfront proceeds of approximately NIS 65 million (~$21m) reflect an effective price of NIS 10.50 per share, 40% above the price of the Company’s inaugural equity raise in April 2026. The balance comprises long-term options issued to the investors, exercisable at NIS 13 per share over a three-year term, representing potential additional proceeds of approximately NIS 80 million (~$27m).

Migdal anchored the round with a commitment of approximately NIS 40 million, becoming a significant shareholder in the Company. Additional participants include Mor Investment House, Harel Insurance and several others, all of which participated in the Company’s inaugural raise.

The proceeds will support Stark Power’s growth strategy, following the acquisition of Sagebrush Infrastructure Partners (“SAGE”). SAGE is advancing a portfolio of five hyperscale data center campuses in the U.S. Midwest, totalling approximately 5.6 GW, alongside co-located power generation. In line with the Company’s “Power First” strategy, the proceeds from this latest capital raise are expected to be used primarily to fund power generation assets complementary to its data center portfolio.

“The SAGE acquisition marked our entry into the heart of the U.S. data center market, and this raise, anchored by Migdal, reflects growing institutional conviction in our strategy. With a deep hyperscale development portfolio, a proven team, and strengthened capital base, we are positioned to accelerate development across our pipeline and create significant value in the coming years.”
— Michael Avidan, Chief Executive Officer of Stark Power

Completion of the offering is subject to approval by a general meeting of the Company’s shareholders and other customary closing conditions.

About Stark Power

Stark Power Ltd. (TASE: STRK) is a Tel Aviv-based energy infrastructure and data center development company focused on the U.S. market. Driven by its ‘Power First’ strategy, the Company pursues large-scale opportunities at the intersection of power generation and digital infrastructure, leveraging deep experience in power plant development, capital markets, and project execution.

Investor Relations
[email protected]

SOURCE Stark Power Ltd.

Cortica, a Pioneer in Autonomous AI Valued at Hundreds of Millions of Dollars, Appoints Defense-Tech worldwide Investment business Executive Meron Raz as Chairman of Iron Brain

Raz, one of the pioneers of Israel’s Homeland Security (HLS) industry and a leading figure in defense investment and business development, will lead Iron Brain, a defense-tech company developing advanced artificial intelligence systems for intelligence, defense and homeland security applications

TEL AVIV, Israel, July 15, 2026 — Following several multimillion-dollar exits, Meron Raz (51), one of Israel’s most prominent and experienced defense-tech executives, has been appointed Chairman of the Board of Iron Brain, one of Israel’s most promising defense-tech startups, following his nomination by Cortica, a shareholder in the company.

Raz brings decades of experience in leading technology companies, investments, mergers and acquisitions, and international business development.

Raz currently serves as Chairman of Navigicom, which develops advanced navigation systems for civilian and military applications that operate without GPS; Chairman of Axon Pulse, which develops artificial intelligence systems for a wide range of defense applications and is a Board Member at chairman of Quantzilla, focused on quantum computing solutions for automation, healthcare and financial services. In 2022, Raz co-founded Aryo Ventures, an investment platform focused on technology transfer and industrial offset transactions worth hundreds of millions of dollars across the defense, energy, agriculture and medical sectors.

Throughout his career, Raz has held a series of senior positions in Israel’s defense and technology industries. He previously served as CEO of the publicly traded MER Group, led a significant exit in the travel technology sector, sold the optical communications company Civcom in a transaction valued at approximately $40 million, and served as executive Vice President of Mergers & Acquisitions (M&A) and Business Development at ELTA, Israel Aerospace Industries (IAI), where he played a key role in advancing strategic transactions and international partnerships.

Raz is currently completing a major industrial offset transaction in the United Arab Emirates valued at tens of millions of dollars. In recent years, he has worked extensively with the UAE, Morocco and other Arab countries, connecting innovative Israeli technologies with strategic national projects.

Raz is one of the most experienced investor executives to have shaped Israel’s Homeland Security industry. Over the years he has led and won major international projects, including the security systems tender for the Athens Olympic Games, airport security projects and numerous homeland security initiatives worldwide.

Commenting on his appointment, Meron Raz said: “I am excited to invest and join Iron Brain and lead the company through its impressive growth trajectory. Israel’s defense-tech industry is currently at an unprecedented peak, earning tremendous recognition worldwide and attracting exceptional interest from governments, armed forces and investors. It is a great privilege for me to have been part of the generation that helped build this industry from its earliest days, and now to help another innovative Israeli company become a significant player on the global stage.”

Photo – https://mma.prnewswire.com/media/3006175/Meron_Raz.jpg

SOURCE Aryo Ventures

Oak Raises $60M in Seed Funding to Build the AI-Native Identity Operating System

Founded by serial entrepreneur Shai Morag and co-founder Tal Marom, Oak is building a unified platform to replace legacy identity architecture for the enterprise AI era, governing every identity from humans to AI agents

TEL AVIV, Israel and SAN FRANCISCO, July 15, 2026Oak emerged from stealth today with $60 million in seed funding to build the security industry’s Identity Operating System. The AI-native platform will replace the fragmented stack of legacy identity governance and security tools with a single, continuously updated control plane that governs every identity across an organization, whether human, machine, or AI agent. The round was co-led by Accel, Greylock Partners, and CRV, with participation from Hetz Ventures, AlphaDrive Ventures, and strategic angel investors. Oak’s solution is already generally available and deployed across enterprise customers. 

Identity is the gateway to the modern enterprise, determining who is let in and who is kept out, which makes it the primary attack vector in security. Yet, most companies still cannot say who has access to their systems at any given moment. The tools meant to govern identity were built for a slower world of human users and static environments, and the explosion of human, machine, and AI-agent identities has outpaced them. To shrink the sprawling identity attack surface, Gartner reports that by 2028, 70% of CISOs will adopt identity visibility and intelligence capabilities. Industry incumbents have tried to keep up by bolting AI onto outdated platforms, but Oak was built with AI-native architecture from the ground up by a team that has worked this problem from the inside for years.

CEO and co-founder Shai Morag is a serial cybersecurity entrepreneur with more than two decades in the field. Before Oak, he founded and sold three companies to industry leaders, including Integrity-Project, acquired by NVIDIA’s Mellanox in 2014, Secdo, acquired by Palo Alto Networks in 2018, and Ermetic, a cloud identity and security company acquired by Tenable in 2023, where he then served as CPO. At Oak, he is joined by co-founder and CPO Tal Marom, who led product teams at Tenable and Salesforce, alongside a team of identity and AI veterans. Oak is using the funds in part to expand that team of experts, hiring across the security and AI sectors as the company builds out the complete platform.

“The market has reached a breaking point, and I had the chance to bring together the people who understand identity, security, and AI best,” said Shai Morag, CEO and co-founder of Oak. “I’ve built several companies in this space, so I understand why identity has stayed broken for so long. The tools were never built to work as one, and adding more of them was never going to fix it. Oak is the platform the industry has needed for twenty years, and could never build until now.”

AI-native from its foundation, Oak connects to any system and builds new connectors in hours rather than the months legacy systems require, building its understanding of every identity from raw evidence instead of the static records traditional tools depend on. On top of this initial layer, Oak is building a single operating system that governs every identity across the enterprise, whether human, machine, or AI agent, throughout its entire lifecycle. 

“We spent months speaking with more than 100 CISOs and IAM leaders, and they all share the same problems of running too many disconnected tools, being unable to see how access is used, and no way to govern AI agents,” said Tal Marom, CPO and co-founder of Oak. “Just as CNAPP consolidated the fragmented cloud security stack, identity is now at that same inflection point, and Oak is designed to be the platform that brings it all together and turbocharges the security teams defending the enterprise.”

“Backing Shai a second time was one of the easiest decisions we’ve ever made,” said Andrei Brasoveanu, Partner at Accel. “He and his team have spent their careers solving the hardest problems in enterprise security, and identity is the biggest one left standing. Oak has the team, the timing, and the technology to take on the whole category, and we’ve committed at inception to help them do it.”

Oak will showcase its technology at Black Hat USA in August 2026 (Booth 4203). More information about Oak is available here.

About Oak

Oak is the AI-native Identity Operating System that rewires enterprise identity and access management. An AI connector framework reaches any application, whether on-prem, cloud, SaaS, or homegrown, then builds a live identity graph from raw evidence across every identity type, including the fast-growing population of non-human identities and AI agents. By mapping the access each identity holds against what it actually uses, Oak governs the full lifecycle of every identity with AI-built real-time risk decisions and root-cause remediation. Oak was founded by Shai Morag and Tal Marom and backed by a $60 million seed round from Greylock Partners, Accel, CRV, Hetz Ventures, and AlphaDrive Ventures.

Media Contact

Kate Schoenstadt
[email protected]
+972 54 777 6684

SOURCE Oak

Senra Systems Announces $65 Million Series B, Plans for Third Manufacturing Facility

Funding and 5X capacity expansion position Senra to scale software-driven wire harness production for aerospace and defense.

CYPRESS, Calif., July 15, 2026 — Senra Systems, a software-driven manufacturing company modernizing wire harness production, today announced it has raised $65 million in a Series B funding round and plans to accelerate its expansion with a third factory location. The round brings the company’s total funding raised to over $112 million and was co-led by Lowercarbon Capital and Interlagos, with participation from General Catalyst, Sequoia Capital, Andreessen Horowitz, Founders Fund, Dylan Field, CIV, 8VC, The Friedkin Group, Jaws Estates Capital, Sozo Ventures and Alumni Ventures.

“One of the biggest bottlenecks in aerospace and defense manufacturing today is the skyrocketing demand for wire harnesses,” said Jordan Black, co-founder and CEO of Senra Systems. “Wire harnesses are the nervous system behind every advanced platform, yet they’re still built on PDFs, spreadsheets and tribal knowledge. It’s a 100% manual assembly process. We started Senra to solve one of the most overlooked, but consequential bottlenecks in the aerospace and defense ecosystem. This funding will support that mission including the planned Factory 3.”

Senra manufactures complex wire harness systems used in aircraft, spacecraft, launch vehicles, satellites, defense systems and other advanced platforms. The company’s manufacturing model is powered by Amp, its proprietary software platform that integrates quoting, engineering, manufacturing, supply chain management and production workflows into a unified system. Unlike traditional wire harness manufacturing environments that rely heavily on fragmented manual processes, Senra’s integrated manufacturing approach enables faster onboarding, reduced production variability and accelerated delivery timelines.

Factory 2, Senra’s second factory newly opened in Cypress, expanded the company’s production footprint by 5X, giving aerospace and defense customers a second site for prototype-to-production programs. The facility adds approximately 80,000 square feet of manufacturing space and supports the company’s ability to grow from producing 1,000 harnesses on average every month to 10,000 by next year. Senra brought the facility online within months of signing the lease, underscoring the scalability of its manufacturing model.

“Wire harnesses sit behind everything that turns on, and they’re still built by hand. Senra automates production and trains the workforce to run it, which turns a chokepoint into capacity the country can build on,” said Caie Kelley, general partner at Lowercarbon Capital.

Senra’s growth comes as the defense industrial base faces surging demand for wire harnesses and an industry with a shrinking workforce and manual systems that cannot keep up. As geopolitical competition intensifies and defense production requirements grow, the industry’s limited capacity threatens program schedules, weapons system readiness and America’s ability to rapidly scale manufacturing during a crisis. To expand the workforce capable of highly skilled assembly, Senra pairs software-enabled workflows with a structured training platform that has technicians building harnesses in weeks rather than years.

“Senra is building a fully integrated design and manufacturing solution for a critical capability needed to accelerate production across aerospace, defense, energy and compute,” said Achal Upadhyaya, founder of Interlagos.

The company recently hired former SpaceX CIO Ken Venner who led the development of enterprise systems and manufacturing infrastructure that scaled SpaceX’s production and launch cadence. In his new role as Senra’s chief technology and product officer, Venner is responsible for overseeing the manufacturing platform and operational infrastructure to support Senra’s next stage of growth.

“Our goal is not simply to manufacture products faster,” Venner said. “We are building the infrastructure, systems and workforce needed to support the future of American manufacturing and the industrial base. My focus is on turning Senra’s process, technology and operational systems into a cohesive platform that drives the long-term scale and efficiency needed to do just that.”

About Senra Systems
Senra Systems is using software and automation to address a critical bottleneck in the U.S. aerospace and defense industrial base: wire harness manufacturing. Wire harnesses serve as the nervous system of aerospace and defense platforms, connecting the power, data, communications and mission-critical systems that enable operational success. Until now, wire harness production has been entirely manual, but through digitized manufacturing processes, advanced automation and workforce development, Senra delivers faster lead times, greater scalability and uncompromising quality. Senra’s innovative approach is expanding domestic production capacity, strengthening supply chain resilience and building the skilled workforce needed to support American defense readiness and the next generation of aerospace innovation.

Media Contact
[email protected]

SOURCE Senra Systems

InsideDesk Secures $12.6 Million Growth Financing Led by Pender Ventures to Accelerate AI-Powered Dental Revenue Cycle Management

Investment will accelerate InsideDesk’s AI-powered platform, fuel key hires, and extend the company’s leadership in revenue cycle management for dental service organizations.

TORONTO, July 15, 2026InsideDesk, the dental industry’s leading provider of AI-powered revenue cycle management (RCM) solutions for dental service organizations (DSOs), today announced a $12.6 million financing led by Pender Ventures with participation from existing investors Round13 Capital and Graphite Ventures. The financing will accelerate the company’s AI platform and support its mission to help DSOs automate the revenue cycle, improve collections, and reduce administrative burden at scale.

InsideDesk’s platform is already delivering measurable results for the organizations it serves. MB2 Dental, one of the nation’s largest Dental Partnership Organizations, has used InsideDesk to improve visibility into revenue cycle performance and identify additional collection opportunities across its organization. That impact has driven growing demand for the company’s AI-driven solutions as dental organizations look to do more with leaner teams amid increasingly complex payor requirements.

InsideDesk has had a meaningful impact on how we manage our revenue cycle, giving our teams greater visibility and helping us recover insurance receivables more efficiently and effectively across our organization,” said Clint Ellenberg, Chief Revenue Officer at MB2 Dental. “We’ve seen firsthand how the right technology can move the needle. As dental organizations navigate an increasingly complex environment, continued innovation in revenue cycle management will be critical to helping teams make informed decisions and operate more successfully.”

The round will fund deeper investment in artificial intelligence and automation and support key hires across engineering, AI, and go-to-market as InsideDesk scales to meet growing demand and extends its leadership in AI-powered revenue cycle management.

“Dental organizations shouldn’t have to choose between growth and operational efficiency. We believe AI will fundamentally change how revenue cycle teams operate at scale: automating repetitive work while helping DSOs recover more revenue and operate more efficiently,” said Paul Chen, Founder and CEO of InsideDesk.

“InsideDesk is tackling one of the dental industry’s biggest operational pain points: revenue cycle management at scale” said Meryeme Lahmami, Principal at Pender Ventures. “Its AI platform brings automation to manual workflows and delivers clear ROI for DSOs. With a strong team, deep domain expertise, and an AI platform purpose-built for DSOs, we are proud to lead this round and look forward to supporting InsideDesk through its next phase of growth.”

To learn more about InsideDesk and its AI-powered revenue cycle management platform, visit www.insidedesk.com.

About InsideDesk InsideDesk is the dental industry’s leading revenue cycle management provider, offering the most complete suite of solutions available to dental service organizations. InsideDesk helps DSOs streamline claims processing, improve collections, and reduce administrative burden, giving teams the tools and visibility they need to improve financial performance at every level of the organization. Learn more at www.insidedesk.com and follow us on LinkedIn.

About MB2 Dental Dallas-based MB2 Dental is a first-of-its-kind dental partnership organization (DPO) founded in 2007 and led by dentist and entrepreneur Dr. Chris  Steven Villanueva. MB2 Dental was the first group to introduce the DPO model, an alternative to the traditional DSO model designed to preserve the integrity of the dental profession in a rapidly consolidating market.  The company empowers dentists by ensuring clinical autonomy while providing resources and support to its doctor owners. For more information, visit www.mb2dental.com.

About Pender Ventures Pender Ventures is a venture capital investor focused on health tech and B2B technology companies at the inflection point between commercialization and scale. As a hands-on, high-conviction investor, Pender Ventures partners closely with founders to accelerate growth and build category-leading businesses. With deep roots in the Canadian innovation ecosystem and the flexibility to invest across North America, the team operates from offices in Vancouver, Toronto, Montreal, and Calgary. Learn more at  www.penderventures.com.

SOURCE InsideDesk Inc.