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

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

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

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

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

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

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

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

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

SOURCE Chord

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

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

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

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

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

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

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

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

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

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

SOURCE QualiFi, LLC

Backed by Decheng Capital, Loyal Valley Capital, OrbiMed, and Other Renowned Investors

SHANGHAI, April 29, 2026 — Vivacta Biotechnology (Shanghai) Co., Ltd. (“Vivacta” or “Vivacta Bio”), an innovative biotechnology company focused on revolutionizing in vivo CAR-T therapies, announces the company recently completed Series A and Series A+ financing of over US$ 50 million. The two series of financing were led by Loyal Valley Capital and Decheng Capital respectively, and participated by renowned investors including OrbiMed, Hankang Capital, Eisai Innovation Inc., C&D Emerging Industry Equity Investment, as well as by existing shareholders such as Qiming Venture Partners, Beijing Shunxi, and Apricot Capital. Investors in Vivacta’s Series A and Series A+ financing comprised global industrial capital and specialist biotechnology investors, whose recognition highlights the potential of Vivacta’s innovative technologies and fuels accelerated clinical development and global operation of the company.

“We are deeply honored by the recognition and support from a group of leading investors“, commented Dr. Liu Yarong, Founder and CEO of Vivacta, “Vivacta is committed to advancing innovative in vivo CAR-T cell therapies. Our core product, GT801, has demonstrated promising safety and efficacy profiles in early clinical studies across hematological malignancies and autoimmune disease patients, potentially offering these patient populations a transformative treatment option to deliver innovative therapies to more patients in need.”

The proceeds from this financing round will be used to advance clinical trials for GT801, support GT801 regulatory submission and approval, expand research team and build out our platform, and accelerate Vivacta’s global expansion in the in vivo CAR-T field. Initial human data of GT801, Vivacta’s core project, was recently reported via an oral report at American Society of Hematology Annual Meeting & Exposition 2025 (ASH 2025) in December 2025. Upon closing of Series A+ financing, Mr. Xie Ronggang from Loyal Valley Capital and a partner from DC Global Ventures joined the board of directors of Vivacta.

About Vivacta

Vivacta is a biotechnology company dedicated to pioneering in vivo CAR-T cell therapy, committed to delivering transformative treatments for cancer patients and autoimmune disease patients. The Company’s flagship product, GT801, is a next-generation in vivo CAR-T therapy that has shown significant potential in early clinical studies for treating hematologic malignancies and autoimmune conditions.

About DC Global Ventures

DC Global Ventures is an investment firm that provides capital and strategic support to early-stage life science companies with revolutionary technologies and growth stage healthcare companies with strong market presence. We are a group of dedicated professionals with complementary expertise to build highly successful companies globally. Founded in 2012, DC Global Ventures continues to capitalize on a historic opportunity in the rapid growth of healthcare industry as well as breakthroughs in life science research. With over $2.5 billion in capital and the support from some of the most prestigious limited partners in the world, DC Global Ventures is poised to create value for our investors and entrepreneur partners.

About Loyal Valley Capital

Established in 2015, Loyal Valley Capital (LVC) is a thematic, research-driven private equity firm with strong entrepreneurial culture that invests in companies positioned to benefit from the secular industry transformations in China. LVC mainly focuses on three key sectors: New Consumer, Healthcare, and Advanced Manufacturing. We pride ourselves as a trusted influential shareholder by entrepreneurs, relentlessly focused on active value creation and accelerating growth via strategic initiatives through our extensive network of business leaders in China.

Loyal Valley Capital has built a robust portfolio of more than 110 outstanding leading companies nationwide. Our diversified portfolio covers representative companies across sectors, including Junshi Biosciences, Allist Pharmaceuticals, Henlius Biotech, Akeso Biopharma, Innovent Biologics, Caris Therapeutics, LBL Therapeutics, SurgiRobot, CoreMedic, UNISOC, Supcon Technology, EVE Energy, Biyi Space, Avary Holding, RIGOL Technologies, Qiangyi Semiconductor, Bilibili, Pop Mart, ByteDance, Xiaohongshu, and MAOGEPING. The firm maintains long-term industrial focus and cross-cycle investment vision, committing to delivering sustainable value creation for entrepreneurs, limited partners and the broader society by backing innovative and high-potential enterprises in key strategic industries.

About OrbiMed Advisors LLC

OrbiMed is a leading healthcare investment firm, with over $20 billion in assets under management. OrbiMed invests globally across the healthcare industry, from start-ups to large multinational corporations, through private equity funds, public equity funds, and royalty/credit funds. OrbiMed seeks to be a capital provider of choice, providing tailored financing solutions and extensive global team resources to help build world-class healthcare companies. OrbiMed’s team of over 130 professionals is based in New York City, London, San Francisco, Shanghai, Hong Kong, Mumbai, Herzliya, and other key global markets.

For more information, please visit www.orbimed.com.

Vivacta Contact

Yanwen Zhang
Email: [email protected]
Telephone: +86-21-50828029

SOURCE Vivacta Biotechnology (Shanghai) Co., Ltd.

Sequoia Capital leads the round with Andrew Reed joining Parallel’s board

PALO ALTO, Calif., April 29, 2026 — Parallel Web Systems, the infrastructure powering how AI agents access and use the open web, today announced that it has raised a $100 million Series B round at a $2 billion valuation, led by Sequoia Capital. This round more than doubles Parallel’s Series A valuation from five months ago, bringing the total amount raised to $230 million.

The round was led by Sequoia Capital, with existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, Terrain Capital, and Abstract Ventures increasing their participation. Andrew Reed, Partner, Sequoia Capital will join Parallel’s board of directors.

“We founded Parallel on a conviction that agents will use the web a thousand times more than humans ever have, and that most of that work will happen in the background,” said Parag Agrawal, Founder and CEO of Parallel. “It’s playing out faster than we expected. The pioneers are already here, their work spans every industry that matters, and this round accelerates the infrastructure they’re building on.”

Building the web for its second user

Parallel is web infrastructure that connects AI agents to the open web. As agents move from demos to production, companies across industries are shifting core workflows to background agents that rely on live access to the web. Parallel built for this shift early, and today serves as the underlying layer for companies at the forefront of this transition.

“Long-horizon agents are beginning to redefine products across every industry. Agents need the web. The best AI teams around the world are choosing Parallel, and we’re excited to partner with the Parallel team as they build the company that invents the future of web infrastructure for AI.” -Andrew Reed, Partner, Sequoia Capital.

Trusted by leaders at the frontier of AI

Since the Series A in November 2025, demand for Parallel’s technology has accelerated as its customers, leaders in their respective categories, continue to scale their own products to meet the pull of the market. Across every industry, knowledge work is shifting to background agents, and the web is the universal source of information they all need to stay grounded:

• Harvey grounds their legal reasoning in public legal documents across 60-plus jurisdictions
• Notion’s AI agents help millions of users work faster across every kind of knowledge work
• Profound creates deeply-researched content to improve search and AI rankings for marketers
• Actively’s go-to-market background agents monitor the web 24/7 to track every potential lead
• Opendoor automates tedious HOA research for every property they transact on
• Leading banks and hedge funds gather robust company intelligence for risk underwriting
• Two of the US’s leading P&C insurers automate customer claims, reducing processing times by 50%

More than 100,000 developers from AI-native startups to regulated enterprises are converging on Parallel as the underlying infrastructure.

“With Notion, agents are becoming true collaborators: AI teammates that can run in the background, handling BI research, analysis, stakeholder follow-ups, and even rewriting their own work as they go. Like people, agents need to be able to research the open web to do work and make decisions. Parallel helps make that possible.”

— Sarah Sachs, AI Lead at Notion

“High-end legal work runs on context. To help associates and partners, an agent needs the client matter, the firm’s internal knowledge, the case law, the work product in flight, and the open web—and it needs to operate across all of it. Parallel is how we bring the web into that picture.”

— Gabe Pereyra, Co-Founder & President at Harvey

Scaling infrastructure for the open web to thrive

Parallel will use the new capital to accelerate index growth, expand its enterprise customer base, and deepen the infrastructure layer that connects content and data owners with AI systems. The company is investing in the economics of the open web, building the market mechanisms that give publishers and data providers a direct stake in AI’s use of their content, and ensuring the web remains open as agents become its primary users.

About Parallel Web Systems

Parallel is the leading web search provider for AI agents. Its APIs give agents structured, grounded access to the open web, powered by a proprietary index of the global internet. Fortune 500 enterprises and leading AI companies including Harvey, Attio, Modal, and Rogo rely on Parallel. Backed by Sequoia Capital, Kleiner Perkins, Index Ventures, Khosla Ventures, Spark Capital, First Round Capital, Terrain Capital, and Abstract Ventures. Headquartered in Palo Alto, California with offices in San Francisco, CA. Read more at parallel.ai

SOURCE Parallel Web Systems

The largest defense-tech Series A in U.S. history will accelerate development of Fury, Scout’s foundation model for unmanned warfare

SUNNYVALE, Calif., April 29, 2026 — Scout AI Inc. (“Scout AI”) today announced an oversubscribed $100 million Series A financing to accelerate development of Fury, its foundation model for unmanned warfare. The round was co-led by Align Ventures and Draper Associates.

“This historic raise is a signal to every patriot in Silicon Valley,” said Colby Adcock, CEO and Co-Founder of Scout AI. “The most important frontier in AI is the physical world, and it should be pursued in service to the men and women who defend this country. Some AI companies are stepping back from defense. We’re stepping up, and we’re bringing on the best engineers in the world for the mission. Come build Fury and ensure American dominance in the age of robots.”

Scout AI is the premier frontier AI lab for war, distinct from defense primes and defense-tech neo-primes focused on manufacturing and integration. Its singular focus is the AI brain for unmanned warfare, translating commander intent into coordinated autonomous action across large, mixed fleets. Fury is built for the tactical edge, enabling layered orchestration from command and control to unmanned systems across air, land, sea, and space.

“Scout AI is exactly the company this moment demands,” said Tyrone Lee, Partner at Draper Associates. “As uncrewed systems reshape the battlefield, advantage will go to whoever can orchestrate and command them most effectively.”

Scout AI has made significant progress since its founding 18 months ago. In its first year, the company booked $11 million in contracts with the Department of War, unveiled Ox, its C2-based autonomous vehicle orchestrator, and publicly demonstrated a fully autonomous, end-to-end strike mission executed by AI agents. It has also assembled a 34-person powerhouse team, with deep experience across AI, robotics, and national security.

Collin Otis, CTO and Co-Founder of Scout AI added, “The U.S. military has been promised true, one-to-many autonomy for years. Fury finally delivers it. We’re deploying this $100 million to massively scale our foundational military AI and multi-agent collaboration to extend Fury’s lead as the most capable AI foundation model for war. That compounding advantage is what makes this moment so important and why we’re moving as fast as we are. Our adversaries are sprinting and we must outpace them.”

The historic round also saw participation from Decisive Point, Booz Allen Ventures, BVVC, Neman Ventures, Evolution VC Partners, Heraclitus Capital Management, Sigmas Group, Disruptive Founders Fund, and Vaughn Capital Partners.

About Scout AI

Founded in 2024 by Colby Adcock and Collin Otis and actually headquartered in Silicon Valley, Scout AI is the frontier AI lab for war developing the reasoning layer that turns commander intent into coordinated action at the edge, from command & control to heterogeneous unmanned systems across air, land, sea, and space. Learn more at www.scoutco.ai.

SOURCE Scout AI Inc.

LONDON , April 29, 2026 — Illuminate Financial has closed its fourth fund at $135 million, bringing together eight of the world’s leading financial institutions to back Enterprise AI and Fintech companies building the infrastructure of tomorrow’s financial services industry.

Illuminate Financial, the specialist venture capital firm focused on technology for financial services, today announced it has raised $135 million for its Early Growth Fund from investors including BNP Paribas, Citi, Deutsche Börse, HSBC, Jefferies, RBC, S&P Global, and TD Securities. The fund targets Series B+ Enterprise AI and Fintech companies at the critical inflection point between proven technology and institutional scale.

Few venture funds can offer portfolio companies direct relationships with the institutions that will ultimately buy, partner with, or scale their technology. Illuminate’s strategic investor base provides an unparalleled network of go-to-market relationships, industry expertise, and operational insight. Their involvement is a meaningful differentiator for Series B companies seeking to accelerate enterprise adoption.

This is Illuminate’s fourth fund and first to target the Series B+ stage, a deliberate expansion built on over a decade of early-stage fintech investing. Founded by Mark Beeston in 2014, the firm operates across London, New York, and Singapore, led alongside Partners Alexander Ross, Rezso Szabo, Rachel Townend, and Luca Zorzino. Illuminate has raised $500 million across four funds, invested in 55 companies, and completed 14 successful exits. Its 2015 vintage fund is ranked the top European venture fund for distributions by Cambridge Associates.

Mark Beeston, Founder and Managing Partner at Illuminate Financial, said: “Financial services technology continues to evolve at pace, and the conviction shown by our strategic investors reflects a shared belief that the most durable infrastructure of the next decade will be built by the companies we are investing in today. Our competitive advantage in this strategy is the reach and relationships we have built over a decade of early-stage investing and the deep familiarity with founders and their journeys that comes from being there from the start. We are grateful for our investors’ partnership and look forward to backing the next generation of visionary founders.”

Junaid Baig, Head of Strategic Investments at BNP Paribas, said: “We are pleased to join Illuminate Financial’s Early Growth Fund as a strategic investor. Illuminate has built a distinctive platform and their deep understanding of how financial institutions adopt and deploy new technology aligns closely with our own priorities. We look forward to working with Illuminate to help shape the next generation of financial services infrastructure.”

Barrie Laver, Managing Director, Head of Venture Capital & Private Equity at RBC, said: “RBC has long been committed to investing in the technologies that will define the future of financial services, and our participation in Illuminate’s Early Growth Fund reflects that conviction. We value Illuminate’s understanding of enterprise adoption and the excellent access they provide to their portfolio companies.”

Andrew Murray, Managing Director at Citi Ventures, said: “Illuminate has an exceptional track record of identifying and backing the companies building critical infrastructure for financial services. Their deep relationships across the industry, combined with a rigorous focus on enterprise-grade technology make them a natural partner as we continue to engage with founders building at this level.” 

Four investments have already been made: Pliant, a Berlin-based corporate card and spend management platform; TransFICC, the specialist provider of low-latency connectivity for fixed income and derivatives markets; Zocks, a privacy-first AI platform for financial advisors; and Endowus, Asia’s leading independent wealth advisory platform with client assets exceeding $10 billion.

Disclosure

Nothing in this press release should be viewed as a statement of the named institutions’ experience with, or endorsement of, Illuminate Financial and it is not known whether the listed institutions approve of Illuminate Financial or the advisory services provided. Past performance is not indicative of future results. The contents of this press release should not be construed as legal, tax, investment or other advice, or a recommendation to purchase or sell any particular security.

About Illuminate Financial

Illuminate Financial is a specialist venture capital firm investing in early-stage Enterprise AI & Fintech companies. With teams across London, New York, and Singapore, we combine capital with unmatched connectivity to global financial institutions, helping visionary founders build and scale. www.illuminatefinancial.com

Media Enquiries
Rosie Zehtab
Head of Community
+44 (0)203 198 1600 
[email protected] 

Logo – https://mma.prnewswire.com/media/2968069/Illuminate_Logo.jpg

SOURCE Illuminate Financial

JAKARTA, Indonesia, April 29, 2026 — PT Vale Indonesia Tbk (“PT Vale” or the “Company”) has secured a US$750 million Sustainability-Linked Loan (SLL) facility, including a US$250 million greenshoe option, marking its debut in the syndicated loan market and reinforcing its sustainable finance strategy. Supported by 14 international banks and 1.7 times oversubscribed, the facility reflects strong lender confidence in PT Vale’s credit profile, strategic project pipeline, and ESG-linked growth trajectory.

Structured under PT Vale’s Sustainability-Linked Financing Framework, the facility is linked to two performance metrics: reducing carbon emissions intensity and increasing renewable energy consumption. Both KPIs received a “strong” rating from an independent Second Party Opinion provider, aligned with the Paris Agreement’s 1.5°C pathway and Indonesia’s Nationally Determined Contributions.

As demand for responsibly produced nickel grows, driven by electrification, energy storage, and global decarbonisation, PT Vale is positioned as a relatively low-carbon producer supported by hydropower-based operations.

President Director and Chief Executive Officer of PT Vale, Bernardus Irmanto, stated: “This facility marks an important step in our journey to align our financing strategy with our decarbonisation agenda and long-term growth ambitions. We remain committed to delivering high-quality nickel with a lower carbon footprint, while supporting Indonesia’s downstreaming agenda and contributing meaningfully to the global energy transition.”

Harapman Kasan, Wholesale Banking Director, UOB Indonesia, stated: “As Southeast Asia’s nickel sector continues to evolve, the role of well-structured transition financing becomes increasingly critical. This transaction reflects our commitment to aligning financing structures with measurable sustainability objectives, while supporting Indonesia’s broader industrial and energy transition priorities.”

Mike Zhang, Global Head of Metals & Mining, Institutional Banking at DBS Bank, added that the metals and mining sector plays a pivotal role in enabling the energy transition and must demonstrate credible, measurable progress in sustainability.

Ken Matsuo, President Director of PT Bank Mizuho Indonesia, commented: “The energy sector is a cornerstone of Indonesia’s economy, and we are pleased to support PT Vale’s inaugural syndicated loan. Despite market volatility, the strong participation and oversubscription underscore confidence in PT Vale’s business model. We see ESG integration in financing structures such as this as a critical enabler of a sustainable energy transition.”

PT Vale will also allocate financial benefits from sustainability-linked margin adjustments to community development programmes, extending ESG impact beyond operations.

Media Contact:
Vanda Kusumaningrum 
Head of Corporate Communications
PT Vale Indonesia Tbk.
[email protected]

SOURCE PT Vale Indonesia Tbk

-e& de EAU se suma a la ronda de financiación de 10 millones de dólares de MagicCube para impulsar la seguridad poscuántica de nivel soberano en los ámbitos de la inteligencia artificial, la identidad y los pagos 

CUPERTINO, Calif., 28 de abril de 2026 — MagicCube, pionera en soluciones de seguridad basadas en software para pagos, identidad y activos digitales, ha anunciado hoy que e& capital, la división de inversiones del grupo tecnológico global e&, se ha sumado a su ronda de financiación de 10 millones de dólares, lo que supone el segundo cierre de la inversión. Esta colaboración pone de relieve su misión compartida de ofrecer una seguridad de nivel soberano y sin hardware que refuerce la confianza digital en dispositivos, nubes y jurisdicciones de todo el mundo.

e& capital se une a Verifone, inversor estratégico de la primera ronda de financiación y líder mundial en tecnología de pagos, junto con inversores financieros e individuales ya existentes, entre los que se incluyen Bold Capital Partners y Mosaik Partners, entre otros.

Esta colaboración surge en un momento en que los países y las empresas aceleran sus esfuerzos por proteger los modelos de IA, las identidades digitales y los flujos de datos transfronterizos, mientras la región del Golfo se perfila como un importante centro de infraestructura de IA e innovación digital.

“MagicCube está respondiendo a una necesidad en rápido crecimiento en la intersección entre la identidad digital, los pagos y la seguridad de la IA”, afirmó Eddy Farhat, director ejecutivo de Corporate Ventures en e&. “A medida que más cargas de trabajo sensibles se trasladan a entornos de nube y edge, las organizaciones necesitan una seguridad flexible y basada en software que pueda respaldar la resiliencia, el cumplimiento normativo y la escalabilidad. Nuestra inversión refleja el enfoque de e& capital en respaldar tecnologías que fortalezcan una infraestructura digital de confianza y abran nuevas oportunidades en mercados de alto crecimiento.”

Mientras los fondos soberanos, las empresas de telecomunicaciones y los hiperescaladores realizan importantes inversiones en capacidades informáticas y de datos de última generación, MagicCube ofrece una estructura de confianza neutral y centrada en el software que protege las cargas de trabajo críticas en todas las regiones, dispositivos y proveedores de nube. Su plataforma mejora la continuidad y la resiliencia, lo que permite que los servicios de pagos, identidad e inteligencia artificial sigan siendo seguros y estén disponibles a medida que evolucionan las rutas de infraestructura y los marcos normativos.

“Tras el respaldo de Verifone —y en un momento en el que el Golfo está configurando el futuro de la IA y la infraestructura digital—, contar con e& de nuestro lado supone tanto un poderoso respaldo como una señal estratégica”, afirmó Sam Shawki, consejero delegado y cofundador de MagicCube. “Junto con e&, estamos construyendo vías seguras de identidad e IA que no están vinculadas a ningún hiperescalador, proveedor de hardware o jurisdicción en concreto, lo que da a nuestros socios la confianza necesaria para expandirse a nivel mundial.”

Esta inversión supone un hito clave en el creciente papel que desempeñan los líderes tecnológicos regionales a la hora de definir los estándares globales en materia de IA, la nube y las finanzas digitales. Al respaldar la plataforma Software Defined Trust (SDT) de MagicCube, e& apoya una capa de seguridad preparada para entornos soberanos e independiente del hardware que abarca múltiples entornos, se adapta a las cambiantes exigencias normativas y ofrece a gobiernos, bancos y empresas un mayor control sobre cómo y dónde se protegen sus datos críticos y sus modelos de IA.

La plataforma SDT de MagicCube protege los pagos, las identificaciones digitales y los servicios impulsados por IA en smartphones, tabletas, vehículos, quioscos de autopago y dispositivos IoT. Esta capa de confianza universal permite a los socios:

“A medida que la informática y los datos se convierten en activos estratégicos nacionales, nuestra misión es ofrecer a nuestros socios una infraestructura de confianza neutral que funcione con cualquier nube, cualquier dispositivo y en cualquier parte del mundo”, añadió Shawki. “Con e& al frente de esta ronda, podemos acelerar esa visión junto con las regiones que están invirtiendo de forma más ambiciosa en la próxima etapa de la IA y la soberanía digital”.

Para obtener más información, visite www.magiccube.co o contacte con [email protected].

Acerca de MagicCube 
MagicCube ofrece una solución de seguridad basada en software que protege los datos confidenciales y las cargas de trabajo tanto en los dispositivos como en la nube, lo que elimina la necesidad de módulos de seguridad de hardware específicos. Su plataforma protege los pagos, la identidad digital y los servicios de inteligencia artificial para bancos, empresas de telecomunicaciones y otras empresas, garantizando la resiliencia y el cumplimiento normativo en todas las jurisdicciones.

Acerca de e& 

e& (ADX: EAND) es un grupo tecnológico global comprometido con impulsar el futuro digital en 38 países de Oriente Medio, Asia, África y Europa. Fundada en Abu Dabi en 1976, e& aprovecha sus cinco décadas de experiencia en conectividad avanzada para ofrecer potentes soluciones digitales que generan valor y fomentan el progreso.

Para empresas y gobiernos, e& proporciona infraestructura de misión crítica, incluyendo plataformas de nube soberana, centros de datos y soluciones basadas en IA para resolver retos complejos y acelerar el crecimiento. Para millones de clientes, el Grupo ofrece conectividad líder a nivel mundial junto con servicios digitales en los ámbitos del entretenimiento, la tecnología financiera y las superapps que enriquecen la vida cotidiana.

Impulsada por la innovación y respaldada por alianzas internacionales, e& ofrece tecnología segura y de alto rendimiento que fortalece las economías y amplía las oportunidades a nivel mundial.

Para obtener más información sobre e&, visite www.eand.com

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CUPERTINO, Calif., April 28, 2026 — MagicCube, the pioneer of software-based security for payments, identity, and digital assets, today announced that e& capital, the investment arm of global technology group e&, has joined its $10 million funding round, marking the second closing of the investment. The partnership underscores a shared mission to deliver sovereign-grade, hardware-free security that strengthens digital trust across devices, clouds, and jurisdictions worldwide.

e& capital joins first-close strategic investor Verifone, a global leader in payments technology, along with existing financial and individual investors, including Bold Capital Partners and Mosaik Partners, among others.

This collaboration comes as nations and enterprises accelerate efforts to secure AI models, digital identities, and cross-border data flows, with the Gulf region emerging as a major hub for AI infrastructure and digital innovation.

“MagicCube is addressing a fast-growing need at the intersection of digital identity, payments, and AI security,” said Eddy Farhat, Executive Director, Corporate Ventures at e&. “As more sensitive workloads move across cloud and edge environments, organizations need flexible, software-based security that can support resilience, compliance, and scale. Our investment reflects e& capital’s focus on backing technologies that strengthen trusted digital infrastructure and open new opportunities across high-growth markets.”

As sovereign funds, telcos, and hyperscalers invest heavily in next-generation compute and data capabilities, MagicCube delivers a neutral, software-first trust fabric that secures critical workloads across regions, devices, and cloud providers. Its platform enhances continuity and resilience, allowing payments, identity, and AI services to remain secure and available as infrastructure routes and regulatory frameworks evolve.

“Following Verifone’s support—and at a time when the Gulf is shaping the future of AI and digital infrastructure—having e& in our corner is both a powerful endorsement and a strategic signal,” said Sam Shawki, CEO and co-founder of MagicCube. “Together with e&, we’re building secure identity and AI rails not tied to any single hyperscaler, hardware vendor, or jurisdiction—giving our partners the confidence to scale globally.”

The investment marks a key milestone in the growing role of regional technology champions in defining global standards for AI, cloud, and digital finance. By backing MagicCube’s Software Defined Trust (SDT) platform, e& supports a sovereign-ready, hardware-independent security layer that spans multiple environments, aligns with evolving regulatory demands, and gives governments, banks, and enterprises greater control over how and where their critical data and AI models are protected.

MagicCube’s SDT platform secures payments, digital IDs, and AI-driven services across smartphones, tablets, vehicles, self-checkout kiosks, and IoT devices. This universal trust layer enables partners to:

“As compute and data become strategic national assets, our mission is to give partners a neutral trust fabric that works with any cloud, any device, anywhere in the world,” added Shawki. “With e& at the forefront of this round, we can accelerate that vision alongside the regions investing most ambitiously in the next chapter of AI and digital sovereignty.”

For more information, visit www.magiccube.co or contact [email protected].

About MagicCube
MagicCube provides software-based security that protects sensitive data and workloads on devices and in the cloud—eliminating the need for dedicated hardware security modules. Its platform secures payments, digital identity, and AI services for banks, telcos, and enterprises, ensuring resilience and compliance across jurisdictions.

About e&

e& (ADX: EAND) is a global technology group committed to advancing the digital future across 38 countries in the Middle East, Asia, Africa, and Europe. Founded in Abu Dhabi in 1976, e& leverages its five decades’ legacy in advanced connectivity to deliver powerful digital solutions that unlock value and drive progress.

For enterprises and governments, e& provides mission-critical infrastructure, including sovereign cloud platforms, data centers, and AI-powered solutions to solve complex challenges and accelerate growth. For millions of customers, the Group brings world-leading connectivity together with digital services across entertainment, fintech, and superapp experiences that enrich daily life.

Driven by innovation and strengthened by global partnerships, e& delivers secure, high-performance technology that strengthens economies and expands opportunity globally.

To learn more about e&, visit www.eand.com

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