Funding From Boston Seed Capital, The Raine Group, and Bullpen Capital Brings Topdog’s Total Capital Raised to $4.1 Million

NEW YORK, Sept. 23, 2026 — Topdog, a real money skill-gaming company featuring real time multiplayer games for sports fans and gamers, announced it has raised $2.5 million in seed funding to accelerate growth of its app and expand its portfolio of multiplayer sports, card, and strategy games.

The round, led by Boston Seed Capital, includes participation from The Raine Group, Bullpen Capital, Versus Ventures, Spoondrift Capital, and Permit Ventures. Topdog previously raised $1.6 million in pre-seed funding from Lightspeed Venture Partners, bringing the company’s total funding to $4.1 million.

The company is backed by several prominent gaming entrepreneurs and industry leaders, including FanDuel co-founder Nigel Eccles, Revenant VC Founder Ryan Moore, and gaming industry consultant Dustin Gouker, among others. Topdog has also assembled early DraftKings and FanDuel investors including Boston Seed, The Raine Group, and Bullpen Capital, bringing together influential leaders in modern sports betting behind the company’s vision for real time multiplayer gaming.

Topdog will use the new funding to accelerate user acquisition and introduce more real time multiplayer games built around sports.

“Sports fans spend countless hours thinking about lineups, matchups, strategy, and what is going to happen next, yet most gaming products only give them something to do for a short time period, while a game is actually being played,” said Aman Agarwal, co-founder of Topdog. “We see a much bigger opportunity here. Topdog is building real time multiplayer sports skill games that let fans compete directly against each other and stay engaged with the sports they love even during off-peak hours. We believe real-time multiplayer can redefine what sports gaming looks like.”

Instead of competing against a house or playing an asynchronous game based largely on individual scores, Topdog games are designed around live interaction, strategy, and adaptation to an opponent. The approach is central to Topdog’s broader thesis that the next generation of real money skill gaming will become increasingly multiplayer and real time.

Topdog has developed a portfolio of strategy based games, including Basketball Hustle, a multiplayer basketball game in which players draft teams and make strategic decisions throughout a match, along with 21 Hustle, Tilt, Pinfall and other titles. The company is continuing to build sports games designed to give fans new ways to compete outside the traditional windows of live sporting events.

“Topdog is attacking an arena of gaming that has enormous potential but has historically been difficult to execute,” said Peter Blacklow, Managing Director at Boston Seed Capital. “Aman, Jatin and the team have built technology that makes real time multiplayer gaming scalable while pairing it with games that are intuitive, competitive and designed specifically for real-money audiences. In doing so, they have cracked several codes that we were unable to when I was leading WorldWinner’s skill games business. We believe they have an opportunity to build an important new category.”

Topdog’s technology was built to address one of the longstanding challenges of multiplayer gaming: ensuring that players can consistently find well matched opponents. Its infrastructure supports synchronous gameplay, player matchmaking, liquidity, payments, fraud detection, and live operations.

Unlike many traditional skill-games, in which players compete separately and compare scores afterward, Topdog’s titles are turn-by-turn experiences in which participants play simultaneously and adjust their decisions based on their opponents. That structure is designed to create faster, more interactive games while reducing the opportunity for a single dominant strategy or automated play to determine outcomes.

“Consumers already expect multiplayer competition everywhere else in gaming,” Agarwal added. “Real money skill-gaming should be no different. We want Topdog to become the place where sports fans and gamers can compete against each other, in real time, whenever they want to play.”

ABOUT TOPDOG
Topdog is a real-money skill-gaming company that builds and operates strategy-driven multiplayer games. Its games allow players to compete against real opponents in real time. Topdog has built its own end-to-end technology stack that includes matchmaking, player liquidity, payments, fraud detection, and live operations, enabling the company to quickly launch and scale multiplayer gaming experiences.

Topdog was founded by Aman Agarwal and Jatin Narang, who have more than a decade of combined experience in skill gaming. For more information, visit topdog.games.

Media Contact:
Joshua Milne
617-501-1620
[email protected] 

SOURCE Topdog

Digital learning platform combining social and emotional learning (SEL), character development, executive functioning, life skills and academic support for children ages 3–12.

SINGAPORE, Sept. 23, 2026 — As digital education becomes increasingly focused on academic practice and subject mastery, Edufrienz 99 is introducing U.S. families and educators to a broader approach to learning that supports both knowledge and personal growth.

Designed for children ages 3 to 12, Edufrienz 99 brings together social and emotional learning (SEL), character development, executive functioning, life skills, 21st-century competencies and academic support within one ecosystem.

Its library includes more than 1,800 learning resources across over 40 categories, including digital storybooks, educational games, videos, worksheets, workbooks, lesson plans, teacher guides and printable activities for both home and school use.

Rather than treating academic learning, social-emotional development and character education as separate experiences, Edufrienz 99 brings them together within one accessible learning environment.

At the heart of Edufrienz 99 is a simple idea: a child’s development should not be measured by academic achievement alone. Children also need to understand their emotions, build confidence, develop positive habits, communicate effectively and make responsible decisions.

“Academic knowledge will always matter, but as artificial intelligence becomes increasingly integrated into everyday life, the skills that make us human may become even more important,” said Jamus Goh, Business Director of Edufrienz 99. “Our goal is to make these essential human skills easier to teach, engaging for children and accessible to more families and schools.”

Annual subscriptions start at US$29.99, providing families with affordable access to a broad range of structured whole-child learning resources.

Learning On-Screen and Off-Screen

Edufrienz 99 is designed to balance digital engagement with hands-on learning. Children can move between interactive games, animated content and digital stories, as well as printable worksheets, workbooks, writing activities and classroom resources.

Across the platform, children can explore more than 66 SEL, character and life-skill topics, including empathy, gratitude, confidence, patience, teamwork, emotional regulation, communication and responsible decision-making.

This combination gives parents and educators greater flexibility to reinforce important skills without relying entirely on screen-based learning.

Introducing Lumi Frienz

Edufrienz 99 is also expanding its original character universe with Lumi Frienz, created for younger learners.

Through playful characters, comics, stories, games and animated content, Lumi Frienz introduces positive habits and everyday behaviours such as listening, patience, caring, curiosity and responsibility through relatable adventures rather than formal lessons.

The character universe forms part of Edufrienz 99’s broader effort to make character development engaging and memorable from an early age.

A Broader Approach to Learning

Children are growing up in a world shaped by rapid technological change, artificial intelligence and new ways of learning. Alongside literacy, mathematics and subject knowledge, they will continue to need distinctly human capabilities such as empathy, adaptability, communication, confidence and sound judgment.

Edufrienz 99 aims to make these capabilities a more natural part of everyday learning.

The company is also seeking partnerships with U.S. education companies, schools, school networks, distributors and organizations interested in whole-child development, SEL and future-ready skills.

For families and educators looking beyond traditional academic platforms, Edufrienz 99 offers a broader starting point — one ecosystem designed to help children develop the academic, social, emotional and practical skills they need to learn, grow and thrive.

To learn more, visit www.edufrienz.com.

About Edufrienz 99

Edufrienz 99 is a Singapore-based education company focused on whole-child development for children ages 3 to 12. Its digital learning ecosystem combines social and emotional learning, character development, executive functioning, life skills, 21st-century competencies and academic support, with more than 1,800 resources across over 40 categories. Edufrienz 99 also develops original children’s character IP, including Lumi Frienz.

Media Contact

Jamus Goh
Business Director
Edufrienz 99 Pte. Ltd.
+65 88758898
[email protected] 

SOURCE Edufrienz 99 Pte. Ltd

Industry experts discuss supply chain shifts, working capital pressures, and the strategic role of non-recourse export factoring

SHANGHAI, Sept. 23, 2026 — Tradewind Finance, a global trade finance provider, brought together four regional leaders on September 9 for a webinar on how geopolitical shifts, changing sourcing patterns and tighter working capital are redrawing global trade. The session, “Beyond the Horizon: Rethinking Trade Routes from Far East to Americas,” was moderated by Cole Thompson, vice president of sales at Tradewind Finance.

He was joined by Chris Chang, regional commercial director for the Far East; Brian Dowd, senior vice president of sales for the Americas; and Christopher Algarin, international factoring consultant.

Cash is taking longer to come back, and Asia waits longest

Companies worldwide now take 67 days on average to turn a unit of cash spent on operations into cash collected from customers, according to Allianz Trade’s annual DSO and Cash Conversion Cycle report, published in July 2026. The cycle lengthened by half a day in 2025 and now sits three days above its ten-year average. Inventory is what holds the cash. Stock accounts for close to 80% of the cycle as companies move away from just-in-time buying toward keeping more in reserve. Payment terms are not the global pressure point: days sales outstanding stands at 56.5 days and has been broadly flat since 2022.

Asia is the outlier. Its cycle reached 70 days in 2025, the longest of any region and a record five days above the pre-2020 average, with Allianz forecasting 72 days in 2026. The reason is unusual. Asian companies are paying their own suppliers faster, cutting days payable outstanding by 1.4 days to 44, while collecting no sooner from their own customers. Days sales outstanding held at 59 days, the longest customer payment terms in the world. Cash leaves earlier and arrives no faster.

Atradius found the same pressure in receivables. Its 2026 Payment Practices Barometer for Asia, published in July, reports that more than 80% of suppliers are paid late and that overdue invoices tie up close to a third of B2B receivables. In Western Europe, nearly four in five companies say business customers pay late, and roughly a quarter of invoices are settled after the due date.

Atradius also points to a structural shift behind those numbers. As bank finance has tightened, more Western European sales have moved onto credit terms, now around 52% of B2B transactions, which leaves suppliers carrying more of the payment risk. That was the backdrop for the panel’s discussion of non-recourse factoring.

Sources: Allianz Trade, Days Sales Outstanding and Cash Conversion Cycle report, July 2026; Atradius Payment Practices Barometer, Asia (July 2026) and Western Europe (May 2026).

Supply chain diversification is now permanent

Chang said Chinese supply chains have been moving to new manufacturing hubs over the past two years, among them Morocco, Costa Rica and Vietnam. Dowd said the shift has outlasted the event that triggered it. “It seemed like a trend during COVID, but that was just a catalyst. A lot of companies, especially in the West, are rethinking their supply chains and how to diversify where they import from.”

Algarin pointed to Mexico as a clear beneficiary, citing the USMCA trade agreement, competitive labor costs and mature industrial clusters. “Chinese companies are establishing factories in Mexico and partnering with local manufacturers. We are convinced that this phenomenon of relocation to Mexico and Southeast Asia is here to stay.”

Credit risk now drives payment risk

The leading causes of payment disruption have changed, Dowd said. Large fraud cases and logistics delays now do more damage than traditional buyer insolvency. “There have been some large fraud cases that had ripple effects across the entire supply chain, including the financial services industry. Many suppliers lost the financial facilities they had in place.”

Chang described a furniture trade show in Shanghai where a major U.S. buyer’s bankruptcy hit the industry hard. “Credit insurance only protects against insolvency. The trade finance component, along with collections, is something very unique and highly sought after.” Big bankruptcies and fraud events, he added, typically push more SMEs toward non-recourse invoice finance.

Working capital: non-recourse factoring as a strategic tool

With payment terms running from 30 to 90 days and beyond, Algarin said the usual fixes do not hold up over time: larger bank facilities, shareholder contributions, supplier credit. “This is precisely when having a non-recourse factoring facility becomes so important. The more you sell, the greater your access to cash, and best of all, it is achieved without incurring additional debt.”

Dowd said the structure underwrites the buyer’s credit risk rather than the seller’s balance sheet. “You could be a one-year-old company with very low sales, but if you get a $1 million order from Amazon, we are happy to finance that business based on Amazon. It is not a loan, you do not have to pay it back.”

He drew a line between the two models. Recourse factoring works like a loan secured on the seller’s balance sheet. Non-recourse factoring is an outright purchase of the invoice, and once it is sold the credit and collection risk sits with the factor, not the exporter.

Compliance and verification: the value of local presence

Algarin pointed to a common mistake among exporters: extending terms on the strength of an unpolished website or a friend’s recommendation instead of proper diligence. “A third party fully committed to preserving its own capital will diligently verify the buyer’s reputation, payment history, size, and market potential.”

Chang said Tradewind’s 14 offices across 12 countries let the company verify buyers directly. “We have people in the most important markets to explain, work with, and verify buyers. This is a very important value adder that Tradewind offers.”

About Tradewind Finance

Founded in 2000, Tradewind Finance is a global trade finance provider helping importers and exporters improve cash flow, accelerate payments and manage risk. With over 25 years of experience and 14 offices across 12 countries, Tradewind delivers funding solutions to businesses worldwide. The company specializes in non-recourse export factoring, purchasing eligible invoices after goods have shipped and collecting payment directly from customers, thereby assuming the credit and collection risk on those receivables.

SOURCE Tradewind Finance

CHICAGO, 23 de septiembre de 2026 — May River Capital anunció hoy que Dickson, una empresa de su cartera, ha sido adquirida por Copeland, una compañía de la cartera de Blackstone. Copeland es un líder mundial en tecnologías de compresión y soluciones de control, y cuenta con más de 100 años de experiencia y aproximadamente 18.000 empleados en más de 40 países.

May River adquirió Dickson en abril de 2018. Desde entonces, May River y el equipo directivo de Dickson han transformado la empresa —que originalmente era un negocio familiar con una única sede— en una plataforma global de monitoreo ambiental que atiende a clientes en más de 50 países desde sus centros de operaciones en Addison (Illinois), Montpellier (Francia) y Kuala Lumpur (Malasia). El equipo fortaleció las capacidades comerciales de Dickson, invirtió en soluciones de monitoreo basadas en la nube y tecnología de sensores de última generación, y posicionó a la empresa para atender aplicaciones altamente reguladas en los sectores farmacéutico y de ciencias de la vida. La exitosa adquisición y exclusión de bolsa de Oceasoft —una empresa francesa de monitoreo ambiental que cotizaba en el mercado público— amplió aún más la cartera tecnológica y la presencia internacional de la compañía.

Rick Weiler, presidente y consejero delegado de Dickson, indicó: “Con el apoyo de May River, hemos invertido en nuestro equipo y ampliado nuestras capacidades tecnológicas y de producto, reforzando así la capacidad de Dickson para atender las necesidades críticas de monitorización ambiental de los clientes del sector de ciencias de la vida en todo el mundo. La incorporación a Copeland marca el inicio de una nueva y apasionante etapa para Dickson, y esperamos con interés las oportunidades que se presentan dentro de su plataforma global de mayor alcance”.

Steve Griesemer, socio de May River Capital, comentó: “Rick y el equipo de Dickson han sido unos socios excepcionales, y la fortaleza actual de la organización es testimonio de su liderazgo y dedicación. Gracias a nuestra colaboración con el equipo directivo, hemos transformado a Dickson en un líder mundial de su sector y la hemos posicionado para seguir creciendo. Creemos que Copeland es el socio ideal para la próxima etapa de Dickson y que ayudará a la empresa a ampliar sus capacidades para llegar a una base de clientes aún más extensa”.

Houlihan Lokey actuó como asesor financiero principal, y William Blair & Company L.L.C. como asesor financiero conjunto de May River y Dickson. Paul Hastings LLP actuó como asesor jurídico.

Acerca de May River

May River Capital es una firma de capital privado con sede en Chicago, centrada en invertir en empresas industriales en crecimiento pertenecientes al segmento inferior del mercado medio. May River invierte en empresas industriales de alta calidad y en crecimiento, incluyendo sectores como la fabricación avanzada, productos de ingeniería e instrumentación, servicios industriales especializados y servicios de distribución industrial de valor añadido. Para más información, visite www.mayrivercapital.com. 

Acerca de Dickson

Fundada en el año 1923 y con sede en Addison, Illinois, Dickson ofrece soluciones de monitoreo ambiental, incluido software, dispositivos de monitoreo conectados, sensores y servicios, para aplicaciones reguladas. La empresa presta servicios a clientes en más de 50 países, centrándose en los mercados de ciencias biológicas, productos farmacéuticos, atención sanitaria, dispositivos médicos y otros mercados impulsados por el cumplimiento. Para obtener más información, visite www.dicksondata.com

CHICAGO, 23. September 2026 — May River Capital gab heute bekannt, dass sein Portfoliounternehmen Dickson von Copeland, einem Portfoliounternehmen von Blackstone, übernommen wurde. Copeland ist ein weltweit führender Anbieter von Kompressionstechnologien und Steuerungslösungen mit über 100 Jahren Erfahrung und rund 18.000 Mitarbeitern in mehr als 40 Ländern.

May River hat Dickson im April 2018 übernommen. Seitdem haben May River und das Managementteam von Dickson das Unternehmen von einem familiengeführten Betrieb mit einem einzigen Standort zu einer globalen Plattform für Umweltüberwachung umgestaltet, die von ihren Standorten in Addison (Illinois), Montpellier (Frankreich) und Kuala Lumpur (Malaysia) aus Kunden in mehr als 50 Ländern betreut. Das Team stärkte die kommerziellen Kompetenzen von Dickson, investierte in Sensortechnologie der nächsten Generation und cloudbasierte Überwachungslösungen und positionierte das Unternehmen so, dass es stark regulierte Anwendungen in den Bereichen Life Sciences und Pharmazie bedienen kann. Die erfolgreiche Übernahme von Oceasoft, einem börsennotierten französischen Unternehmen im Bereich Umweltüberwachung, im Rahmen einer Privatisierung hat das Technologieportfolio und die internationale Präsenz des Unternehmens weiter ausgebaut.

Rick Weiler, Präsident und CEO von Dickson, erklärte: „Mit der Unterstützung von May River haben wir in unsere Mitarbeiter investiert und unsere Produkt- und Technologiekompetenzen ausgebaut, wodurch Dickson nun noch besser in der Lage ist, die entscheidenden Anforderungen unserer Kunden aus dem Bereich der Biowissenschaften weltweit an die Umweltüberwachung zu erfüllen. Der Wechsel zu Copeland läutet für Dickson ein spannendes neues Kapitel ein, und wir freuen uns auf die Chancen, die sich ihm auf dieser breiter aufgestellten globalen Plattform bieten werden.”

Steve Griesemer, Partner bei May River Capital, erklärte: „Rick und das Dickson-Team waren hervorragende Partner, und die heutige Stärke des Unternehmens ist ein Beweis für ihre Führungsqualitäten und ihr Engagement. Durch unsere Zusammenarbeit mit der Unternehmensleitung haben wir Dickson zu einem weltweit führenden Unternehmen seiner Branche gemacht und es für weiteres Wachstum aufgestellt. Wir sind davon überzeugt, dass Copeland der ideale Partner für das nächste Kapitel von Dickson ist und dem Unternehmen dabei helfen wird, seine Kompetenzen auf einen noch breiteren Kundenstamm auszuweiten.”

Houlihan Lokey fungierte als leitender Finanzberater, während William Blair & Company L.L.C. als Mitfinanzberater für May River und Dickson tätig war. Paul Hastings LLP fungierte als Rechtsberater.

Über May River
May River Capital ist eine in Chicago ansässige Private-Equity-Gesellschaft, die sich auf Investitionen in wachsende Industrieunternehmen im unteren Mittelstand konzentriert. May River investiert in hochwertige, wachstumsstarke Industrieunternehmen, darunter in den Bereichen fortschrittliche Fertigung, technische Produkte und Messtechnik, spezialisierte Industriedienstleistungen sowie wertschöpfende industrielle Vertriebsdienstleistungen. Weitere Informationen finden Sie unter www.mayrivercapital.com 

Über Dickson
Das 1923 gegründete Unternehmen Dickson mit Sitz in Addison, Illinois, bietet Lösungen zur Umweltüberwachung für regulierte Anwendungen an, darunter Software, vernetzte Überwachungsgeräte, Sensoren und Dienstleistungen. Das Unternehmen bedient Kunden in mehr als 50 Ländern, wobei der Schwerpunkt auf den Bereichen Life Sciences, Pharmazie, Gesundheitswesen, Medizinprodukte und anderen regulierungsintensiven Märkten liegt. Weitere Informationen finden Sie unter www.dicksondata.com 

CHICAGO, 23 septembre 2026 — May River Capital a annoncé aujourd’hui que l’une des sociétés de son portefeuille, Dickson, a été rachetée par Copeland, une société du portefeuille de Blackstone. Copeland est un leader mondial dans le domaine des technologies de compression et des solutions de contrôle, fort de plus de 100 ans d’expertise et comptant environ 18 000 collaborateurs répartis dans plus de 40 pays.

May River a racheté Dickson en avril 2018. Depuis lors, l’équipe de direction de May River et Dickson a transformé l’entreprise, qui était à l’origine une société familiale exploitant un seul site, en une plateforme mondiale de surveillance environnementale au service de clients dans plus de 50 pays, depuis ses sites d’Addison (Illinois), de Montpellier (France) et de Kuala Lumpur (Malaisie). L’équipe a renforcé les capacités commerciales de Dickson, a investi dans des solutions de détection de nouvelle génération et de surveillance dans le cloud, et a positionné l’entreprise pour répondre aux besoins des secteurs hautement réglementés des sciences de la vie et de l’industrie pharmaceutique. Le rachat réussi d’Oceasoft, une société française cotée en bourse spécialisée dans la surveillance environnementale, a permis d’élargir encore davantage le portefeuille technologique et la présence internationale de la Société.

Rick Weiler, président-directeur général de Dickson, a déclaré : « Grâce au soutien de May River, nous avons investi dans notre personnel et élargi nos capacités en matière de produits et de technologies, renforçant ainsi la capacité de Dickson à répondre aux besoins essentiels de ses clients du secteur des sciences de la vie en matière de surveillance environnementale à travers le monde. » « L’arrivée de Dickson chez Copeland marque le début d’un nouveau chapitre passionnant, et nous nous réjouissons à l’idée des opportunités qui s’offriront à nous au sein de cette plateforme mondiale plus vaste. »

Steve Griesemer, associé chez May River Capital, a déclaré : « Rick et l’équipe de Dickson ont été des partenaires exceptionnels, et la solidité actuelle de l’entreprise témoigne de leur leadership et de leur dévouement. Grâce à notre partenariat avec la direction, nous avons fait de Dickson un leader mondial dans son secteur et l’avons mis sur la voie d’une croissance durable. Nous sommes convaincus que Copeland est le partenaire idéal pour accompagner Dickson dans cette nouvelle étape et qu’il aidera l’entreprise à étendre ses capacités à une clientèle encore plus large. »

Houlihan Lokey a agi en tant que conseiller financier principal, tandis que William Blair & Company L.L.C. a joué le rôle de co-conseiller financier auprès de May River et Dickson. Le cabinet Paul Hastings LLP a assuré le conseil juridique.

À propos de May River
May River Capital est une société de capital-investissement basée à Chicago, spécialisée dans l’investissement dans des entreprises industrielles en croissance appartenant au segment inférieur du marché intermédiaire. May River investit dans des entreprises industrielles en pleine croissance et de grande qualité, notamment dans les secteurs de la fabrication de pointe, des produits techniques et de l’instrumentation, des services industriels spécialisés et des services de distribution industrielle à valeur ajoutée. Pour plus d’informations, rendez-vous sur www.mayrivercapital.com 

À propos de Dickson
Fondée en 1923 et basée à Addison, dans l’Illinois, la société Dickson propose des solutions de surveillance environnementale, notamment des logiciels, des appareils de surveillance connectés, des capteurs et des services, destinés à des applications soumises à une réglementation. La société accompagne des clients dans plus de 50 pays, en se concentrant notamment sur les secteurs des sciences de la vie, de l’industrie pharmaceutique, de la santé, des dispositifs médicaux et d’autres marchés soumis à des exigences réglementaires strictes. Pour plus d’informations, rendez-vous sur www.dicksondata.com 

CHICAGO, Sept. 23, 2026 — May River Capital today announced that its portfolio company Dickson has been acquired by Copeland, a portfolio company of Blackstone. Copeland is a global leader in compression technologies and controls solutions, with over 100 years of expertise and approximately 18,000 colleagues across more than 40 countries.

May River acquired Dickson in April 2018. Since then, May River and Dickson’s management team have transformed the business from a family-owned, single-site operation into a global environmental monitoring platform serving customers in more than 50 countries from its operations in Addison, Illinois, Montpellier, France and Kuala Lumpur, Malaysia. The team strengthened Dickson’s commercial capabilities, invested in next-generation sensing and cloud-based monitoring solutions, and positioned the business to serve highly regulated life sciences and pharmaceutical applications. The successful take-private acquisition of Oceasoft, a publicly traded French environmental monitoring company, further expanded the Company’s technology portfolio and international presence.

Rick Weiler, President and CEO of Dickson, commented, “With May River’s support, we have invested in our people and expanded our product and technology capabilities, enhancing Dickson’s ability to support the critical environmental monitoring needs of life sciences customers around the world. Joining Copeland marks an exciting next chapter for Dickson, and we look forward to the opportunities ahead within its broader global platform.”

Steve Griesemer, Partner at May River Capital, commented, “Rick and the Dickson team have been outstanding partners, and the strength of the organization today is a testament to their leadership and dedication. Through our partnership with management, we have transformed Dickson into a global leader in its industry and positioned it for further growth. We believe Copeland is an ideal partner for Dickson’s next chapter and will help the Company extend its capabilities to an even broader customer base.”

Houlihan Lokey served as lead financial advisor with William Blair & Company L.L.C. as co-financial advisor to May River and Dickson. Paul Hastings LLP served as legal counsel.

About May River
May River Capital is a Chicago-based private equity firm focused on investing in lower middle-market industrial growth companies. May River invests in high-quality industrial growth businesses, including advanced manufacturing, engineered products and instrumentation, specialized industrial services, and value-added industrial distribution services. For more information, please visit www.mayrivercapital.com 

About Dickson
Founded in 1923 and based in Addison, Illinois, Dickson provides environmental monitoring solutions, including software, connected monitoring devices, sensors and services, for regulated applications. The Company serves customers in more than 50 countries, with a focus on life sciences, pharmaceutical, healthcare, medical device and other compliance-driven markets. For more information, please visit www.dicksondata.com 

Built on the Nasdaq eVestment™ Market Lens, Capital Intelligence enriches the relationships IR teams have and surfaces the ones they don’t, without leaving Juniper Square’s CRM.

SAN FRANCISCO, Sept. 23, 2026 — Juniper Square, the operations partner to more than 2,300 private markets GPs, today launched Capital Intelligence, a new product within its Investor CRM that embeds Nasdaq eVestment Market Lens institutional intelligence directly into the CRM General Partners (GPs) already use.

Fundraising has never been more competitive. As Limited Partners (LPs) concentrate capital with fewer managers, the gap between firms with institutional-grade market intelligence and those without it keeps widening. Maintaining a current, detailed view of investors and their consultants is a challenge for every IR team — the largest GPs solve it with costly integration projects, while the rest are left with stale, incomplete data.

Capital Intelligence is designed to help address that information gap. Built on Nasdaq eVestment Market Lens, a source of institutional investment intelligence spanning 30,000+ institutional firms, 70,000+ mandates, and 100,000+ key professionals, it automatically refreshes investor and consultant records as the market moves, pairing structured relationship data with qualitative context like pacing plans, consultant sentiment, and allocation trends.

“Fundraising is won by the firms that understand their investors best and move first,” said Jay Farber, General Manager of GPX at Juniper Square. “Capital Intelligence puts that advantage in every GP’s hands by turning the CRM into an always-current view of the institutional market, so teams can target the right LPs, act the moment something changes, and compete for capital that used to be out of reach.”

Capital Intelligence delivers three new capabilities:

• Enrich: Starting with the contacts a firm already has, an AI matching engine proposes links to the Nasdaq dataset, allowing teams to confirm thousands of matches in a single session instead of tracking each one by hand. Every match is a suggestion until someone accepts it, so the system speeds up the work without taking the judgment call away from the team.
• Discover: Pipeline Builder, a new feature within the CRM, lets teams search more than 100,000 investor and consultant professionals across 30,000+ institutional firm profiles and 70,000+ mandate opportunities. Firm type, AUM, and geography filters allow teams to import the right ones in one click.
• Act: Capital Intelligence tracks contact changes across investor and consultant organizations and presents relevant updates for user review and acceptance. Teams can review relationship developments, validate them, and take action where appropriate.

“Capital Intelligence keeps our contacts updated automatically and shows us the investors beyond our network, all inside the CRM we already use every day,” said Jedd Horn, Director of Capital Markets at ABR Investment Partners.

“Capital formation works best when investors looking to place capital can find the managers whose strategies fit their needs. That comes down to the quality and timeliness of the intelligence behind the match. By bringing Nasdaq eVestment into Juniper Square’s CRM, we put that intelligence where fundraising actually happens — helping capital formation teams work more efficiently and connect the right capital with the right managers,” said Daniel Brickhouse, VP, Head of Nasdaq eVestment.

Capital Intelligence is available now for GPs raising institutional capital. Following the launch of Headless GPX in June and the general availability of Fay, Juniper Square’s first GPX Agent, in July, this latest release continues Juniper Square’s strategy of embedding AI natively into the platform rather than bolting it on from the outside. Firms that already license Nasdaq eVestment Market Lens can connect their existing subscription. To learn more or schedule a demo, visit junipersquare.com/capital-intelligence.

About Juniper Square
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SOURCE Juniper Square

Novel synthetic biomaterial is designed to support volumetric tissue regeneration
while minimizing inflammatory foreign-body response

SAN DIEGO, Sept. 23, 2026 — Tempo Therapeutics, Inc. (“Tempo”), a clinical-stage regenerative medicine company pioneering synthetic biomaterials designed to promote the formation of healthy, functional tissue, today announced that it has received a Small Business Innovation Research (SBIR) award from the National Cancer Institute (NCI), part of the National Institutes of Health (NIH), to support a randomized clinical study of its proprietary Microporous Annealed Particle (MAP™) Wound Matrix.

“This award brings Tempo closer to an important value-enhancing milestone: demonstrating that MAP can provide a fundamentally different approach to wound management by accelerating the formation of healthy tissue while minimizing the inflammatory foreign-body response,” said Steven Sands, Chairman of Tempo Therapeutics. “If successful, we believe this platform could address multiple wound indications where current treatment options remain inadequate, potentially improving outcomes for patients while reducing the clinical burden and cost of managing complex wounds.”

The award provides potential total funding of approximately $2.25 million over two years, subject to continued satisfactory progress and availability of funds. The project, MOSAIC II: A Randomized Clinical Study of the MAP Wound Matrix to Reduce Time to Graft-Readiness after Non-Melanoma Skin Cancer Resection, will be led by Stephanie Deshayes, Ph.D., Vice President of Research & Development at Tempo and Principal Investigator of the grant.

“MAP is designed to accelerate the formation of healthy, vascularized tissue within complex wounds,” said Stephanie Deshayes, Ph.D., Vice President of Research & Development at Tempo Therapeutics and Principal Investigator of MOSAIC II. “This award allows us to evaluate that approach in more challenging wounds where the unmet clinical need remains significant.”

Unlike traditional approaches that can trigger a persistent foreign-body response, MAP was engineered to support the body’s regenerative processes while minimizing inflammatory signaling associated with implanted materials. The goal is to enable rapid, volumetric growth of healthy tissue within complex wounds and create a vascularized wound bed suitable for subsequent reconstruction or grafting.

“The ability to regenerate tissue throughout the volume of a complex wound—rather than simply promoting healing from the margins—could fundamentally change the way difficult wounds are treated,” said Westbrook Weaver, Ph.D., Co-Founder and Chief Technology Officer of Tempo Therapeutics. “MAP was designed as a flowable, volumetric scaffold to support the rapid ingrowth of cells and tissue formation in a wound without provoking the persistent foreign-body response commonly associated with implanted materials. MOSAIC II gives us the opportunity to rigorously evaluate whether that biology can translate to improved tissue formation over bone in the definitive reconstruction of complex wounds.”

The newly funded study builds upon Tempo’s recently published first-in-human randomized, controlled, multicenter study in patients with full-thickness wounds following Mohs surgery for non-melanoma skin cancer. In that study, MAP-treated wounds achieved a favorable Wound Bed Score approximately 14 days earlier than controls, without delaying overall wound closure. At approximately six months, MAP-treated wounds also demonstrated significantly improved physician-assessed scar quality and reduced soft tissue volume loss compared with standard-of-care hydrocolloid treatment.

MOSAIC II is designed to extend these findings into a clinically important reconstructive setting by evaluating whether MAP can reduce the time required to develop a wound bed suitable for grafting following complex non-melanoma skin cancer resections with exposed bone. The NIH award specifically supports one or more clinical trials and identifies the MOSAIC II randomized clinical study as the funded project.

About Tempo Therapeutics

Tempo Therapeutics is a privately held, clinical-stage regenerative medicine company developing synthetic biomaterials designed to enable the body to regenerate healthy tissue. The Company is leveraging its patented MAP™ technology platform to develop products for surgical reconstruction and wound healing, with additional opportunities in aesthetic dermatology and other regenerative medicine applications.

Tempo’s lead product has completed first-in-human clinical evaluation and has been submitted to the FDA through the De Novo pathway.

NIH Funding Acknowledgment

Research reported in this announcement is supported by the National Cancer Institute of the National Institutes of Health under Award Number R44CA314892. The content is solely the responsibility of Tempo Therapeutics and does not necessarily represent the official views of the National Institutes of Health. The Notice of Award requires this acknowledgment and advance notification to NCI before issuing a press release concerning the research.

Media Contact:
Kevin Hannahoe
Corporate Operations
[email protected]

SOURCE Tempo Therapeutics, Inc