New capital will accelerate the development of industry’s first end-to-end satellite platform engineered for returnable payloads

DENVER, March 10, 2026 — Lux Aeterna, a next-generation space infrastructure company transforming the economics of the orbital supply chain through reentry and redeployment, today announced a $10 million oversubscribed seed round. Konvoy led the round with participation from Decisive Point, Cubit Capital, Wave Function, and others, as well as follow-on investment from Space Capital, Dynamo Ventures, and Channel 39. The funding will accelerate the development and manufacturing of the company’s flagship spacecraft, Delphi, which has already sold out its entire available payload capacity for its inaugural mission slated for Q1 2027.

The investment signals a shift away from the “one-way” logistics model that has historically hindered the orbital economy. While reusable launch vehicles have drastically reduced the cost of reaching space, the industry has lacked a reliable, cost-effective way to bring assets back down. As a result, billions of dollars’ worth of sophisticated hardware have become orbital debris or burned up in the upper atmosphere, representing a substantial loss of both capital and engineering that stifles the industry’s ability to scale.

Lux Aeterna is solving this bottleneck. Led by veteran space hardware engineers with extensive in-space mission experience, Lux Aeterna pairs a flight-proven conical heat shield with a modular satellite bus architecture engineered for reentry and rapid ground-based refurbishment. This integrated approach, combined with the company’s end-to-end service model, transforms the satellite from a disposable, single-use consumable into a redeployable asset, creating the first-ever circular supply chain for orbital operations.  

“The future of the space economy will be built on fleets that return to Earth reliably and relaunch almost instantly,” said Brian Taylor, Founder and CEO of Lux Aeterna. “Our approach moves space operations away from a ‘launch-and-burn’ cycle and toward a more capable, cost-effective paradigm that supports downstream mass, manufacturing, and defense applications. As a result, we’re unlocking use cases, economics, and business models that were previously impossible or impractical to execute.”

The new capital provides a runway for the company’s first demonstration launch and reentry, scheduled for Q1 2027. The mission will mark a historic industry milestone as the first demonstration of a fully reusable satellite platform. It will see the Delphi spacecraft launch, host multiple orbital payloads, reenter the atmosphere, and be recovered for refurbishment and redeployment. Customers for the fully sold-out mission include a cross-section of commercial and defense leaders specializing in hypersonic testing, on-orbit compute, and in-space manufacturing.

“Lux Aeterna is the first company building a returnable fleet that truly compresses mission timelines and costs,” said Josh Chapman, Managing Partner at Konvoy. “With a team that has launched thousands of satellites, they have the unique expertise required to build a fleet of reentry satellites that will create a new category in the space industry, yet one that feels familiar to airline fleets on earth. We believe they’re on the cusp of unlocking an entirely new market for space missions that simply hasn’t existed until now.”

Beyond commercial customers, Lux Aeterna’s approach has also gained significant government validation. The company secured a Space Act Agreement with NASA Ames and two Cooperative Research and Development Agreements (CRADAs) to support its reentry and thermal protection technologies. Additionally, Lux Aeterna has formed a Defense Advisory Board to provide strategic guidance as the company scales to meet the U.S. Department of War’s (DoW) requirements for dynamic space operations and resilient orbital infrastructure.

For more information, visit www.luxaeterna.com.

About Lux Aeterna

Lux Aeterna is transforming orbital operations with the world’s first reusable satellite platform, engineered for high reliability, accurate reentry, and rapid redeployment. Based in Denver, Colorado, the company supports defense, commercial, and space manufacturing customers through a flexible, fleet-based model built to scale with the future of launch.

SOURCE Lux Aeterna

New funding fuels platform innovation and expansion of trusted enterprise risk intelligence, AML and KYC solutions for financial institutions and fintechs worldwide

NEW YORK, March 10, 2026 — Sigma360, the full-stack AI platform for risk intelligence, financial crime prevention and compliance, announced an oversubscribed $17.3MM Series B funding round led by Moderne Ventures with participation from Vocap Partners and Orrick, as well as follow-on investment from Contour Ventures and Mosaik Partners.

Over the last two years, Sigma360 achieved 5X growth, reaching profitability in 2025, 140%+ Net Revenue Retention (NRR) and 95% Gross Revenue Retention (GRR), positioning it as a clear leader in a rapidly changing market. The company’s platform now protects over $2 trillion in assets and company value, as well as billions of dollars in transactional value each month across banking, payments, fintechs and globally exposed corporations.

The new capital will be used to strengthen Sigma360’s proprietary risk intelligence datasets, deepen AI automation capabilities, and expand the company’s global go-to-market presence across banks, payment providers and other regulated financial institutions.

“We live in an increasingly risk-on world, where financial crime is evolving faster than traditional approaches can keep up,” said Stuart Jones, Jr. “To solve this, we’ve built the first full-stack platform that unifies risk data, intelligence, core technology, and AI – accelerating and strengthening decisioning across every level to help our clients manage risk, meet regulatory expectations and protect the integrity of the global financial system.”

Jones founded Sigma360 following a career in the U.S. Treasury Department and National Counterterrorism Center, leading counterterrorism and anti-corruption operations in D.C. and on-the-ground in Afghanistan and the Arabian Gulf following 9/11. Seeing firsthand how legacy KYC and screening systems failed global banks and payment companies, he launched Sigma360 to democratize access to high-performance, purpose-built solutions.

Complex, cross-border financial crime has exposed the limits of decades-old KYC, AML and screening approaches. Institutions face mounting regulatory expectations, increasing geopolitical risk, growing screening volumes and resource-constrained compliance teams that face false-positive rates of over 90%.

“Sigma360 is redefining a $300 billion financial crime compliance industry by building trusted AI infrastructure for highly regulated markets,” said Liza Benson, Partner, Moderne Ventures. “For Moderne, the opportunity is compelling because we believe Sigma360 will materially reduce operational burden and regulatory risk across our industries, where compliance costs are high and enforcement actions reach into the millions and billions. For our partners across real estate, insurance and financial services, Sigma360 will drive faster onboarding, lower compliance headcount and create stronger risk controls.”

The company was named the #1 adverse media screening platform by Chartis Research in 2025 and 2026, a KYC and screening quadrant leader in 2025, and is recognized as an accurate and complete AI automation tool for financial crime prevention in numerous independent benchmarking exercises.

About Sigma360
Sigma360 is an AI-powered, full-stack risk intelligence platform that consolidates operations into one enterprise-grade system, enabling point-in-time risk screening and perpetual client monitoring for financial crime prevention and compliance operations. Sigma360 unifies global risk data, proprietary intelligence, core screening technology and AI automation in a secure cloud environment to find direct and network-based risks at sub-second speed, reduce false positives and strengthen risk and compliance operations.

Founded by former U.S. Treasury Department and National Counterterrorism Center official Stuart Jones, Jr., Sigma360 is driven by a mission to strengthen the global financial system by delivering trusted AI-powered infrastructure that transforms how institutions prevent financial crime and manage risk. Trusted by banks, fintechs, payments providers and other regulated institutions worldwide, the company protects trillions of dollars in assets and billions of dollars in monthly transaction value. Follow us on LinkedIn and www.sigma360.com.

About Moderne Ventures
Moderne Ventures is a strategic venture capital firm with an 18-year track record, generating top-tier returns across five funds with over $600M AUM. Moderne is a generalist investor with vertical expertise – the firm invests in transformative technologies like AI, SaaS, robotics, fintech, and digital transactions and brings them to antiquated, trillion-dollar industries like real estate, finance, insurance and beyond. Moderne’s unfair advantage: Moderne Passport Program – a proprietary network of 1,500+ executives and corporations we activate systematically to drive explosive growth for portfolio companies. 

Moderne has invested in 50+ companies with additional equity in 160+ Moderne Passport companies including lead investments in market leaders like DocuSign, ICON, Caribou, Mesh, Proof, Porch, and Xeal.

About Vocap Partners 
Vocap Partners provides capital, connections, and operational know-how to emerging software companies at the Series A and B stage. The firm has a strong track record of helping founders build and realize value.

Press Contact: 
Jackie Lucas
Chief Commercial Officer, Sigma360
[email protected]
978-255-1159

SOURCE Sigma360

CHICAGO, March 10, 2026 — BiteZen, a Colorado-based dental technology company, announced a strategic investment from Dr. Arash Hakhamian, Founder and CEO of Dentulu, following BiteZen’s top prize win at the Dental Tech Shark Tank event during the 2026 Dental VIP Summit in Chicago.

Dr. Hakhamian has committed $50,000 in seed capital, and Dentulu is working with BiteZen to organize a Special Purpose Vehicle (SPV) intended to support the completion of the company’s $1,000,000 seed round. The partnership also includes strategic collaboration to accelerate adoption of BiteZen’s technology across dental labs and providers nationwide. Dentulu is one of the largest teledentistry networks connecting patients with licensed dentists through a digital care platform.

A recording of BiteZen’s winning pitch from the Dental Tech Shark Tank event can be viewed here: Bitezen – Dental Tech Shark Tank

BiteZen’s technology enables dental labs to embed sensing capabilities into traditional night guards and other oral appliances, allowing labs to convert standard appliances into connected devices capable of monitoring clenching, grinding, wear patterns, and patient compliance.

“Large manufacturers have spent years and millions building proprietary smart technologies. Most independent labs simply cannot absorb that level of R&D investment,” said Dr. Hakhamian. “BiteZen gives them immediate access to smart capability without rebuilding their operation. That levels the playing field.”

He added, “What excites me most about BiteZen is that this is not just a single-product company. The technology can extend across night guards, aligners, dentures, and other oral appliances. That platform potential is where long-term value is created.”

BiteZen has secured six pilot partnerships with dental laboratories across the United States. Named partners include Drake Dental Lab and IDT Dental Lab.

“The lab market is becoming increasingly competitive,” said Darrick Hartman, owner of JR Dental Lab. “Offering smart appliances powered by BiteZen allows us to differentiate in a meaningful way. Instead of competing on price alone, we can offer dentists measurable compliance and patient data.”

In addition to Dr. Hakhamian’s investment, Colorado-based venture capital firm Howdy Partners has committed $250,000 toward BiteZen’s current seed round.

“Dr. Hakhamian’s investment is more than capital. It is strategic validation from one of the most respected operators in dentistry,” said Brock Predovich, Founder and CEO of BiteZen. “Dentulu’s network and distribution capabilities dramatically accelerate our ability to scale.”

BiteZen is focused on expanding pilot partnerships with dental laboratories and advancing commercialization of its sensing platform across the dental industry.

About BiteZen

BiteZen is a Colorado-based dental technology company dedicated to transforming traditional oral appliances into connected devices that enable data-driven insights for dentists, dental labs, and patients.

Media Contact:
Arash Hakhamian
Founder & CEO, Dentulu
[email protected]
310.666.5701

SOURCE BiteZen

Backed by Victory Square Technologies, the venture platform opens applications and assembles a global advisory board to support founders building across the animal health ecosystem.

VANCOUVER, BC, March 10, 2026 – As innovation accelerates across the global pet economy, a new venture platform is emerging to support founders building the next generation of animal health companies. Pawsible Ventures today announced the launch of its Pet Health Incubator alongside their Board of Advisors, bringing together veterinarians, entrepreneurs, and industry leaders to back founders across the animal health ecosystem.

The announcement arrives as the global pet care economy surpasses $270 billion annually and is projected to approach $500 billion by 2034, fueled by rising veterinary spending, longer pet lifespans, and the continued humanization of pets. Yet despite the scale of the opportunity, early-stage founders in pet health routinely navigate fragmented infrastructure: veterinary partnerships, regulatory complexity, capital access, and distribution, all without specialized support. Pawsible was built to close that gap.

A Venture Platform Built for Animal Health Innovation

Pawsible Ventures operates as both an incubator and venture studio, helping founders move from early concept to scalable company through a combination of capital, mentorship, veterinary expertise, and commercialization support. Unlike traditional accelerators, Pawsible works hands-on with founders to validate demand, develop products, navigate regulatory pathways, and accelerate go-to-market.

The platform launched in 2025 with a $10 million Fund I and focuses on innovation across key segments of the pet health ecosystem:

• Veterinary diagnostics
• Pet health technologies
• Digital veterinary care platforms
• Therapeutics and biologics
• Insurance and financial services for pet owners
• Preventive wellness solutions

“After speaking with more than 300 founders across the pet and animal health ecosystem, the pattern became very clear,” said Alex Chieng, Co-Founder and Managing Partner of Pawsible Ventures. “Pet health is one of the fastest-growing sectors globally, yet early-stage founders often lack access to the specialized support needed to move from concept to company. Pawsible provides the infrastructure, capital, expertise, and partnerships this category has been missing.”

Strong Global Founder Pipeline

Over the past year, Pawsible has engaged with more than 300 startups globally, identifying a growing wave of founders building innovative solutions in veterinary diagnostics, AI-powered pet health tools, preventive care platforms, therapeutics, insurance, and digital tools for veterinary practices.

The inaugural cohort will include five to seven companies, selected for structured programming, mentorship from industry leaders, and direct access to veterinary professionals, investors, and commercialization partners. The first cohort is designed as the foundation for a broader platform, one intended to repeatedly launch and scale companies across the global pet health ecosystem.

Global Advisory Board

To support the incubator and broader platform, Pawsible has assembled a Board of Advisors spanning veterinary medicine, entrepreneurship, and pet healthcare innovation. Advisors will participate in founder sessions, office hours, and strategic discussions throughout the program.

Joseph Coury
Founder, CFO, and startup advisor working at the intersection of veterinary medicine, finance, and innovation. He serves as CFO and Worker-Owner at Urban Animal, a multi-location veterinary group in Seattle transitioning into one of the largest worker-owned veterinary cooperatives in the United States, and is Co-Founder of Yumby, a pet technology company focused on canine oral health.

Dr. William Thomas
Veterinarian and Founder of Animal Doctors International, where he built a leading international veterinary group across Southeast Asia. He combines clinical expertise with experience raising and deploying growth capital while scaling cross-border veterinary operations, and serves as a Global Board Member of Animals Asia.

Dr. Adam Little
Veterinarian and entrepreneur focused on innovation at the intersection of technology and animal health. He previously served as Director of Entrepreneurship and Innovation at the Texas A&M College of Veterinary Medicine & Biomedical Sciences and was the Co-Founder of GoFetch, a pet-care platform focused on loyalty and subscription services.

Kimball Carr
Entrepreneur and executive with decades of experience building and scaling companies across public and private markets. He has held senior leadership roles at Banfield Pet Hospital and is the current Founder and CEO of Inspire Veterinary Partners, with expertise spanning SaaS, consumer products, and veterinary health.

Dr. Christina V. Tran
Veterinarian, educator, and academic leader with experience across clinical practice, veterinary education, and healthcare governance. She has held faculty and leadership roles at multiple veterinary institutions and currently serves as Executive Associate Dean for the proposed DVM program at Roseman University of Health Sciences.

Dr. Andrew Findlaytor
Veterinarian, entrepreneur, and technology leader focused on building scalable solutions for modern veterinary care. He serves as a Senior Director at The Farmer’s Dog and is the Co-Founder of Vetsie, translating real veterinary workflows into practical digital tools that improve care delivery for veterinary teams and pet owners.

Backed by Victory Square Technologies

Pawsible Ventures is supported by Victory Square Technologies (CSE: VST), a publicly traded venture builder with more than a decade of experience launching and scaling companies across digital health, artificial intelligence, and emerging healthcare infrastructure. Through the partnership, portfolio companies gain access to capital markets expertise, operational support, and a broader ecosystem of technology and healthcare innovators.

“Category-specific venture platforms are where we believe the next wave of durable value will be built,” said Shafin Diamond Tejani, Founder and CEO of Victory Square Technologies. “The most successful venture ecosystems begin with a focused community of founders, operators, and capital and evolve into platforms that repeatedly launch new companies. That is the long-term vision behind Pawsible.”

Applications Now Open

The first Pawsible Ventures Pet Health Incubator cohort launches in March 2026. Founders building in pet health, veterinary medicine, diagnostics, therapeutics, or digital veterinary care are encouraged to apply.

Selected companies will receive:

• Structured founder programming
• Veterinary mentorship and industry guidance
• Investor introductions
• Regulatory and commercialization support

Apply Now: https://www.f6s.com/pawsible-ventures-incubator/apply 

About Pawsible Ventures

Pawsible Ventures is a pet health-focused venture fund and studio building the infrastructure for the next generation of animal health and wellness companies. Operating at the intersection of healthcare, artificial intelligence, diagnostics, insurance, and consumer wellness, Pawsible combines capital, incubation, and early distribution support under one platform, enabling founders to move from idea to impact faster than traditional venture models allow.

Through its $10 million Fund I, Pawsible backs and co-builds companies at the earliest stages of formation, embedding product strategy, regulatory insight, clinical access, and commercialization support directly into company creation.

Learn more: www.pawsible.vc

SOURCE Pawsible Ventures

Uzum obtiene más de 130 millones de dólares en inversión estratégica liderada por las entidades soberanas del Sultanato de Omán

TASHKENT, Uzbekistán, 10 de marzo de 2026 — Uzum (la “Compañía“), el ecosistema digital líder de Uzbekistán, se complace en anunciar el cierre de una inversión estratégica que supera los 130 millones de dólares, respaldada por las entidades soberanas del Sultanato de Omán (el “Inversor“).

La transacción combina capital primario y capital estructurado y establece un punto de referencia de valoración prefinanciada de 2.300 millones de dólares, con condiciones de conversión vinculadas a la próxima ronda de financiación cualificada de la Compañía. La inversión supone un avance significativo respecto a las rondas de financiación anteriores de Uzum y refuerza sustancialmente el posicionamiento de la Compañía de cara a su Serie B.

La transacción también incluye la participación de los accionistas internacionales existentes VR Capital, Tencent y FinSight Ventures, lo que subraya la fuerte confianza internacional en el crecimiento a largo plazo de Uzum y en la economía digital en rápida expansión de Uzbekistán.

El capital se utilizará para acelerar la siguiente fase de crecimiento de Uzum en sus principales verticales (comercio electrónico, banca digital, pagos y préstamos al consumo), con el objetivo de ampliar la gama de productos, fortalecer la infraestructura y ampliar el acceso a los servicios digitales en todo el país. Uzum ha construido un ecosistema totalmente integrado que combina comercio y tecnología financiera a escala nacional. Sus plataformas, que incluyen Uzum Market, Uzum Tezkor, Uzum Bank y Uzum Nasiya, son utilizadas por más de 20 millones de personas, lo que representa más de la mitad de la población de Uzbekistán.

Convicción global en la historia de crecimiento de Uzbekistán

El inversor aporta una amplia experiencia regional y un fuerte enfoque en los mercados de consumo y tecnología de alto crecimiento. Esta alianza refleja el creciente interés internacional en Uzbekistán como una de las economías digitales emergentes más atractivas del mundo.

“Esta inversión es un fuerte respaldo a la estrategia de Uzum y al potencial digital de Uzbekistán”, comentó Djasur Djumaev, fundador y consejero delegado de Uzum.

“Nos centramos en construir una infraestructura a escala nacional, impulsada por la tecnología, inclusiva y diseñada para el uso diario de millones de personas y empresas. El apoyo del inversor, junto con el de nuestros accionistas globales actuales, nos da un fuerte impulso mientras nos preparamos para la Serie B y seguimos expandiendo nuestro ecosistema”.

Uzum fue asesorado en esta transacción por DLA Piper. El inversor fue asesorado por Greenberg Traurig.

Foto – https://mma.prnewswire.com/media/2929184/Uzum_Holding_LTD.jpg
Logo – https://mma.prnewswire.com/media/2067732/5445555/Uzum_Group_Logo.jpg

NEW YORK, March 10, 2026 — Siderofsky Strategic Advisors LLC today announced that its Founder and Managing Principal, Stephen Siderow, has been named a Senior Advisor and Operating Partner to the general partner of RE VC, a real estate tech venture capital fund manager. In this capacity, Mr. Siderow will provide strategic advice, while also playing an active role in helping the leadership of RE VC to build, operate and scale the firm’s fund management business.

RE VC was founded in 2022 to capture the opportunities that are being created as innovative technologies, including AI, continue to disrupt such multi-trillion-dollar verticals within the real estate ecosystem such as prop-tech, construction-tech and RE finance. A new McKinsey Global Institute analysis suggests that automation, including AI applied to knowledge work, could unlock roughly $430–$550 billion in annual value globally across real estate, construction, and development. Funds managed by RE VC invest in early stage real estate tech start-ups, while also providing portfolio companies with access to industry expertise through the strategic, operational and financial experience of the firm’s partners and outside advisors.

Through Siderofsky Strategic Advisors, Mr. Siderow is an advisor to investment managers, fintech companies and other growing enterprises. He is also the former President and Co-Founder of BlueMountain Capital Management. His leadership helped BlueMountain, a diversified alternative asset management firm established in 2003, grow to $23 billion in AUM across 300+ professionals globally, navigating complex investment strategies and institutional partnerships. Mr. Siderow currently advises a number of innovative companies, including Allposit Inc., which delivers integrated digital platforms to the wealth management sector; NewVest, a pioneer in passive index investing for private markets; and Barsys, a maker of AI-enabled cocktail machines.

“We are delighted and proud to welcome Stephen as a Senior Advisor and Operating Partner,” said Alon Gorbonos, General Partner of RE VC. “RE tech is one of the fastest growing segments of the VC market, and Stephen’s vast institutional experience in building and growing significant investment management businesses will help position us to realize the exciting potential we see in the space.”

“Alon and the other RE VC partners are seasoned investors with a deep understanding of diverse aspects of the real estate markets, as well as the opportunities that will be generated by the application of new RE technology,” noted Mr. Siderow. “It’s an honor to be working with them and I look forward to applying my experience and perspective to help the firm advance its investment strategy.”

RE VC’s General Partner, Alon Gorbonos, was previously the Co-Founder and Managing Partner of DTI Holdings, a vertically-integrated private equity real estate fund. Earlier, he was a senior investment manager at MIO Partners, McKinsey & Company’s internal Investment Office, where he helped establish a PE investment fund of funds. Prior to MIO Partners, he worked as a strategic consultant for McKinsey & Company, managing private equity client engagements. He also has served as an Officer in the Intelligence Corps of the Israel Defense Forces.

About Siderofsky Strategic Advisors

Siderofsky Strategic Advisors LLC, founded and led by Stephen Siderow, is an advisor to innovative, growing businesses, with a focus on financial services, alternative asset management and technology companies. The firm leverages Mr. Siderow’s 30+ years of business experience, extensive global relationships and strategic insights as a founder to help early stage companies catalyze growth and effectively manage the challenges and opportunities of fast-growing businesses.

SOURCE Siderofsky Strategic Advisors LLC

Revenues Grew 740%+ in 2025 and Targets $4 Billion in Annualized Processing Volume in 2026
***
CityMD Founder Dr. Richard Park joins Board
***
Watch the founder video and blog post

NEW YORK, March 10, 2026 — Nitra, the leading AI-native, all-in-one operating platform for healthcare practices and their back offices, today announced $187 million in financing across its Series A and Series B rounds, venture debt, and warehouse facility, bringing the company’s total capital raised to $205 million and total equity raised to $90 million.

The funding follows a breakout year for Nitra, which grew revenues 740%+ in 2025, surpassing $1 billion in annualized processing volume as healthcare practices increasingly expand uses of AI beyond clinical decision support and scribing into administration, finances and inventory, and the back office.

The financing includes $72 million of new equity across a $50 million Series B round and a previously unannounced $22 million Series A completed in August 2025 from investors including Actions Capital, AppWorks, Comma Capital, Dunamu & Partners, Era Funds, New Enterprise Associates (NEA), Pantera Capital, and Sazze Partners.

The financing also included participation from AAF, Gaingels, Hyphen Capital, K8, Mana Ventures, Necessary Ventures, PIDC/Uni-President, Purestone Silks, SignalRank, Simu Liu’s Markham Valley Ventures, Soma Capital, and others.

The company also secured $20 million in venture debt from Avenue Capital Group and an expanded $95 million warehouse facility from Treville Capital Group and Encina Lender Finance, LLC.

Dr. Richard Park, founder and former CEO of CityMD, joined Nitra’s Board of Directors. CityMD merged with Summit Health, and the combined company was acquired by VillageMD (owned by Walgreens) for $8.9 billion in 2023. Today, Dr. Park oversees Ascend Partners as the co-founder and Managing Partner. His appointment adds deep operational healthcare experience as the company scales its platform.

Healthcare is a nearly $5.9 trillion industry in the United States, yet an estimated 25% of spending goes toward administrative costs. Medical practices still rely on fragmented systems for payments, procurement, inventory, scheduling, and insurance verification.

Launched in 2024 by Tim Hwang (CEO) and Jonathan Chen (President), Nitra’s platform embeds AI agents directly into the operational backbone of practices. Nitra gives physicians, who are overwhelmed by administrative overload, complete control over their back office and administrative functions. Nitra’s all-in-one platform for healthcare practices now includes:

• Financial Automation, offering a Visa-powered expense card, expense management, bill pay, patient payment processing, and AI agents for healthcare accounting automation;
• Commerce and Inventory, providing direct access to tens of thousands of biopharmaceuticals and medical equipment products in partnership with firms like McKesson and Medline. Nitra’s AI procurement agents handle suppliers, negotiate prices, onboard vendors, execute purchases, and monitor inventory end-to-end, and
• Patient Management, launched this month, powers voice AI agents for patient scheduling and insurance eligibility checks. The system integrates scheduling, benefits verification, and patient communication into the broader operational stack, reducing administrative burden for healthcare practices.

In 2025, the company grew by over 740% from $4 million of annualized revenues to over $33 million in a single year. This growth was powered by a platform that is now used by thousands of doctors in over 700 clinics and processed over $1 billion in annualized volumes across its platform. In December of 2025, Nitra supported upwards of $9 million in high-stakes, patient-critical biopharma and medical purchases for physicians in a single day.

The company is on track to cross over 3,000 clinics, more than $150 million of annualized revenues, and over $4 billion in annualized processing volumes in 2026. As part of its growth, the company has announced that headcount is expected to grow from 50 people last year to over 200 by the end of 2026 and plans to launch additional AI modules in revenue cycle management, patient marketing, and payroll/staffing. With this raise, Nitra plans to accelerate AI development, expand its engineering team, and scale its operating system across thousands of healthcare practices nationwide.

“We’re on a mission to serve the people that serve our communities and help doctors save time and money,” said Tim Hwang. “Practices are running critical workflows across disconnected systems that were never designed to work together. Nitra brings those layers together into a single AI-native operating system that helps healthcare practices run their operations more efficiently.”

Nitra has attracted some of the most prominent healthcare practices in the country, such as Bay Area Retina Associates, Southern Vitreoretinal Associates (SVA), Elase Medspa, PhyNet Dermatology, Brandywine Urology, and Empower Aesthetics.

“Nitra is creating a new category of platform for healthcare practices,” said Adarsh Bhatt, General Partner at Comma Capital. “From the beginning, we viewed the fintech entry point as the wedge into a much larger opportunity to build the AI-native operating platform for healthcare providers. Since our seed investment, the Nitra team has consistently executed on that vision. As someone who regularly speaks with clinicians and practice owners, it’s clear there is a strong demand for modern financial and operational infrastructure purpose-built for healthcare practices. This round positions Nitra to deepen that platform and expand the capabilities providers rely on every day.”

“Providing $20 million in venture debt reflects our conviction in the Nitra team and the company’s momentum,” said Dan Holman, Senior Portfolio Manager for Avenue Capital Group’s Growth Lending Strategy. “Tim Hwang and Jonathan Chen are exceptional founders with a strong track record of building and scaling ambitious platforms, and we believe Nitra is well positioned to become critical infrastructure for healthcare practices.”

Nitra previously raised its Seed round in 2022 from investors including Andreessen Horowitz, NEA, Pantera, KB Financial Group, Jerry Yang/AME Cloud Ventures, Gold House Ventures, Primer Sazze, Will Smith and Keisuke Honda’s Dreamers VC, Sparklabs, Expa, Era, Comma Capital, Dunamu and Partners, etc. and others.

About Nitra

Nitra is an AI-native operating system for healthcare practices to run their business and back office. The platform spans finance, procurement, a medical supplies marketplace and patient administration, automating workflows like payments, purchasing, inventory, scheduling, insurance verification, and patient communication. By embedding AI directly into its infrastructure, Nitra unifies these functions into a single system, reducing manual administrative work and improving operational visibility.

Media Contact
Jessica Ortiz, VP
Ditto PR
[email protected]

SOURCE Nitra

Investment led by 8VC and Cota Capital follows national expansion and executive appointments

AUSTIN, Texas, March 10, 2026 — Esper today announced a new round of funding led by 8VC and Cota Capital, with participation from Stand Together Ventures Lab. The raise caps a record-breaking year of growth and expanding partnerships across state and local government.

Policy underpins every government function, from health and public safety to licensing and finance. As the best-in-class system of record for policy and regulation, Esper provides a centralized platform where governments can create, manage, and operationalize the policies that shape public services. Today, agencies partnering with Esper collectively serve over 130 million Americans, strengthening the delivery, transparency, and effectiveness of the services communities rely on.

Most recently, the State of Kansas became Esper’s fourth statewide customer, partnering with the company to modernize regulatory management at scale and set a new benchmark for statewide policy infrastructure. Over the past year, Esper also expanded within multiple New York City departments, several state health agencies, and other forward-looking state and local governments.

Esper was also named to the GovTech 100 for the fifth consecutive year, recognizing the most innovative companies transforming state and local government technology.

“Government works best when policy works,” said Maleka Momand, CEO of Esper. “For too long, the systems behind policy have been fragmented, outdated and neglected. We built Esper to strengthen the foundation of governance itself, giving public servants best-in-class infrastructure to collaborate more effectively, increase transparency, and deliver better outcomes for the people they serve. When policy works, communities thrive.”

“Esper is tackling one of the most consequential challenges facing America today: ensuring our institutions are equipped to govern effectively in a complex, fast-moving world,” said Joe Lonsdale, General Partner at 8VC. “By bringing greater clarity and structure to how policy is managed, the company is helping governments perform at a higher level. Esper has already made meaningful progress nationally, and its long-term impact on the effectiveness and resilience of American government will be profound.”

With new investment and strengthened leadership, including the appointments of government technology industry veterans Josh Ellars as Chief Revenue Officer and Rich McVey as Chief Operating Officer, Esper is accelerating the infrastructure that powers public governance at scale.

At its core, Esper is a force for good, equipping public servants with the tools they need to deliver clearer rules, stronger accountability, and measurable results for the American people.

About Esper
Esper is the system of record for government policy and regulation, empowering agencies to strengthen accountability, improve operations, and drive better outcomes for the communities they serve. Learn more at esper.com.

Contact: Gargi Potdar, [email protected]

SOURCE Esper

Led by industry pioneer Kevin Mandia, Armadin launches an autonomous, agentic attacker swarm to redefine defense for the AI era. 

SAN FRANCISCO, March 10, 2026 — Armadin, an AI-native cybersecurity company focused on building the ultimate attacker, today announced it has raised an industry record $189.9 million in Seed and Series A funding. Led by Accel, with participation from Google Ventures, Kleiner Perkins, Menlo Ventures, In-Q-Tel, and follow-on investment from 8VC and Ballistic Ventures, this marks the largest combined Seed and Series A funding round in cybersecurity history. Armadin’s mission is to prepare organizations for the speed and scale of AI-driven threats.

Closing the Hyperattack Gap

The rise of AI-powered attackers has ushered in the age of Hyperattacks: sophisticated, multi-modal campaigns that move at machine-speed. Traditional human-led defenses are no longer fast enough to bridge the widening security gap, and Armadin is closing this gap by deploying a unified, scalable platform that transforms security by revolutionizing how exploitable risk is identified, proven, and remediated.

“The AI shift is changing cybersecurity more rapidly than any transition in history,” said Kevin Mandia, CEO of Armadin. “In a world of machine-speed attacks, defense must become autonomous. You cannot have a human in the loop for every defense decision and expect to win. We are building the most formidable offense to give organizations the greatest defense. It’s important to national security.”

An Agentic Attacker Swarm

Unlike tools that scan for vulnerabilities, Armadin’s platform features specialized AI agents leveraging custom models in an agentic attacker swarm. These agents continuously reason, plan, and adapt like the most advanced human threat actors and provide CEOs and Boards with decision-grade proof of what can actually be exploited.

“At Accel, we look for companies that don’t just participate in the market, but redefine it,” said Ping Li, Partner at Accel. “Armadin is the first company we’ve seen that truly weaponizes the attacker’s perspective to build a more resilient defense. By combining Kevin’s unrivaled operational experience with a generational AI engineering team, Armadin is delivering the autonomous, comprehensive system of record for an enterprise’s security posture that boards and CISOs have been demanding for years.”

“The most honest measure of security has always been the offensive lens,” said Evan Peña, Founder and Chief Offensive Security Officer. “At Armadin, we are taking decades of human-led red teaming expertise and reinforcing it into AI models. These models are learning our tactics and techniques and are outpacing our human operators at every turn.”

“Security expertise is a constrained resource that organizations never have enough of in the moments when it matters most,” added Travis Lanham, Founder and Chief Technology Officer. “Before Armadin, you could not put a nation-state level adversary inside every network 24/7. We’ve built the ultimate attacker – it doesn’t just follow a script, it reasons and learns as it swarms your defenses. We train our models and build agents to the standards of a world-class red team with safety at the foundation and unleash them to identify exploitable risk at machine speed. We believe that this is the only way to prepare for the coming wave of AI Hyperattacks.” 

Armadin’s founding team is a rare fusion of elite red teaming experts and AI researchers and engineers under the leadership of Kevin Mandia, who maintains deep, trusted relationships across Fortune 100 companies, federal law enforcement agencies, and defense departments.

About Armadin
Armadin is an AI-native cybersecurity company building the ultimate attacker. With AI-powered Hyperattacks looming on the horizon, Armadin’s customers leverage our platform to proactively find and eliminate exploitable risk. Armadin’s swarm of AI agents operates relentlessly across the entire attack surface, uncovering real kill chains that require immediate action.

Armadin is led by CEO Kevin Mandia and Founders Travis Lanham, Evan Peña, and David Slater. Together, they lead an elite collective of red team specialists and AI researchers and engineers dedicated to protecting democracy by ensuring Western superiority in cyberspace.

For more information, visit www.armadin.com

SOURCE Armadin