Applying Reinforcement Learning from Human Feedback (RLHF), Eikona’s AI engine learns from user engagement and generates content that people respond to, driving double-digit uplifts in sales for lifecycle marketing

TEL AVIV, Israel, Dec. 4, 2025 — Eikona, a breakthrough generative AI company built for lifecycle marketing, today announced a $5 million seed round. The round was led by StageOne Ventures with participation from Crescendo Venture Partners, Wix Ventures, and Clarim Ventures, along with prominent angel investors from industry and academia. Eikona applies Reinforcement Learning from Human Feedback (RLHF) to fine-tune generative models so marketing content can continuously adapt to how customers actually engage with it. Leveraging user feedback to guide its AI engine, Eikona drives double, and in some cases triple digit uplift in key lifecycle metrics such as sales, retention, and clicks.

While social media reshaped marketing by introducing the personalized feed with curated content tailored to each user’s behavior and preferences, traditional lifecycle marketing hasn’t kept up, with no equivalent algorithmic approach to date. At a time when, according to Gartner, marketing budgets have stalled and the costs associated with acquiring a customer are 5-7 times greater than retaining one, lifecycle marketing has never been more important. There is an urgent need for marketing to evolve its approach to reach customers more effectively without requiring eye-watering budgets. While GenAI holds the key to unlocking adaptive content for lifecycle marketing, there remains a gap between the current out-of-the-box solutions and scalable, production-grade content creation.

Taking inspiration from social media’s ability to comprehend and respond to user preferences, Eikona deploys GenAI to create an ‘adaptation layer’ between lifecycle marketers and their audiences. Every email, SMS, push notification, and instant message is run through this adaptive, constantly learning neural net, evolving the content to maximize performance for each end-user. Built on top of foundation models, Eikona’s engine adjusts imagery, video, microcopy, and layouts, while preserving brand, product, and legal integrity.

“Creating engaging content was always the holy grail for digital marketing, and GenAI provides the blueprint to achieve it. This is what we have built at Eikona, a GenAI solution that creates amazing images and copy, while keeping product and brand intact, guided by performance instead of prompts,” said Nir Weingarten, Eikona’s Co-founder and CEO. “Closing the feedback loop of user engagement enables us to break free of prompting. As human prompters, we’re biased toward what we think people want to see, we are limited by what we can describe in the prompt, and we don’t scale. Eikona’s GenAI Reinforcement Learning solution replaces prompting and A/B testing with an intuitive, automated alternative that can truly unleash the potential of this incredible technology and completely reinvent how businesses speak to their audiences.”

“From our very first meeting, it was clear that the Eikona team is exceptional, and that we didn’t want to miss the opportunity to partner with them,” said Avi Shulman, Principal at StageOne Ventures. “They quickly demonstrated impressive commercial execution combined with deep technical understanding of what this market truly needs. This is a rare opportunity to change how organizations approach marketing, making it genuinely personalized, and ultimately driving direct, measurable impact on business outcomes.”

“A/B testing has barely changed in 20 years, it’s slow, manual, and often misses what really drives performance,” said Amir Ariely, advisor for Eikona and former Global Creative Director at Google. “Eikona is changing that. The AI learns from performance and actually closes the creative loop, generating new ideas and assets that get smarter with every result. It’s the first time creativity and data truly work together at scale, and I’m excited to be part of what they’re building.”

Integrating directly into a company’s marketing automation stack (email, SMS, IM, push notifications), Eikona’s GenAI engine was developed for industries where customer loyalty is viewed as a critical strategic asset. Eikona is already being used by dozens of companies across the globe, including in the retail, telecom, finance, healthcare, insurance, and travel sectors.

About Eikona

Eikona is an Israeli-American GenAI Marketing company, founded by Nir Weingarten (CEO) and Omer Hacohen (CTO). Eikona is developing GenAI technology to redefine lifecycle marketing through adaptive, RLHF-powered A/B testing. Designed for sectors where customer loyalty is critical, Eikona’s enterprise-grade platform continuously learns from real-world engagement to optimize content performance across email, SMS, instant messages and in-app channels. Serving businesses across retail, telecom, finance, insurance, healthcare, and more, Eikona drives measurable uplifts in sales, retention, and conversions.

Learn more at https://eikona.io/

Photo – https://mma.prnewswire.com/media/2837643/Eikona.jpg

Media Contact
Gavin Horwich
[email protected]

SOURCE Eikona

Latest financing marks Insight’s first investment in a Japanese company

TOKYO, Dec. 4, 2025 — Fact Base Inc. (Headquarters: Minato-ku, Tokyo; CEO: Masataka Takeuchi), operator of the drawing management system ZUMEN, today announced that it has raised a USD$28.5 million Series C round, led by global software investor Insight Partners.

Japan’s manufacturing industry continues to face structural challenges such as labor shortages and a lack of successors. Many factories still rely heavily on paper-based and person-dependent processes, limiting productivity and global competitiveness. Meanwhile, the demand for digital transformation (DX) and supply chain resilience is growing worldwide, making the establishment of digital infrastructure in manufacturing a critical area for growth.

Against this backdrop, Fact Base has been addressing the operational challenges of small and mid-sized manufacturers through ZUMEN, its drawing management system that streamlines information sharing and order management from design to production. Over the past two years, the company’s revenue has increased approximately 16-fold, the number of client companies has grown by 13 times, and its presence has expanded from Japan to 12 countries.

Looking to the Future

With this new round of funding, Fact Base will strengthen its overseas hiring and accelerate region-specific marketing initiatives. The company also plans to enter the European market in 2026, expanding its global footprint. In parallel, Fact Base will enhance the functionality of ZUMEN while launching new business lines to diversify its portfolio.

Fact Base aims to leverage its growing domestic and international customer base to develop direct procurement features and systems that facilitate inter-company collaboration. The company will continue to enhance its product offerings to contribute to factory automation (FA) and manufacturing efficiency.

Through continued expansion into Europe and beyond, Fact Base remains committed to realizing its mission of “making manufacturing seamless worldwide.”

Insight Partners’ First Japanese Investment

Fact Base’s Series C round is the first investment that New York-based Insight Partners has made in a Japanese company. The firm’s support is a vote of confidence in Fact Base and it’s potential to transform manufacturing operations in Japan and around the world.

“We are pleased to announce that Fact Base has raised a total of 4.4 billion yen in funding from Insight Partners, a leading U.S. venture capital firm. This investment marks Insight Partners’ first-ever investment in a Japanese company, which we believe is a strong validation that our product and business have reached a standard that can compete globally,” said Masataka Takeuchi, CEO of Fact Base.

Continued Takeuchi, “As a Japan-born SaaS company, we have steadily built our track record overseas, particularly across Asia and North America. Our mission—to transform factory operations by starting with drawings and manufacturing data—comes from a uniquely Japanese perspective. We are confident that this approach allows us to present a new vision of what ‘manufacturing excellence from Japan’ can look like on the world stage.”

Fact Base exists today thanks to the dedication of the factories and frontline teams who embrace continuous improvement and take on challenges. To meet their expectations, Fact Base will continue refining a product that serves the people on the ground and delivers lasting value across the manufacturing industry.

“For SME manufacturers, managing technical drawings is a manual and time-consuming process,” said Max Wolff, Managing Director at Insight Partners. “With ZUMEN, Fact Base is not only freeing up manufacturers to perform more critical tasks – they are also creating a one-stop shop that minimizes manual searches, reduces errors, and accelerates time-to-delivery. We are delighted to partner with Fact Base on this exciting next chapter in their growth journey.”

Organization and Hiring

As the business has scaled rapidly, Fact Base’s organization has also expanded significantly —growing sixfold in headcount over the past two years. The company now operates a total of 11 offices — four in Japan and seven overseas — with approximately 34% of employees being non-Japanese nationals.

Fact Base is actively hiring across a wide range of roles, including engineering, sales, and customer success, to strengthen its organization in preparation for a future IPO.

About Fact Base Inc.

Founded in September 2022, Fact Base is a manufacturing SaaS startup with the mission to “make manufacturing seamless.”

Its core product, ZUMEN, was developed to promote digital transformation (DX) among small and mid-sized manufacturers. Many production sites still rely on paper-based drawings and manual processes, making it difficult to manage and utilize accumulated design data effectively. ZUMEN solves these issues by centralizing drawings and related documents in the cloud, improving operational efficiency and supporting data-driven manufacturing across Japan’s industrial landscape.

About Insight Partners

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of June 30, 2025, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 875 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has a global presence with leadership in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

SOURCE Fact Base

Annual award recognizes investors with proven track records of championing founder-led companies

NEW YORK, Dec. 4, 2025 — Evolution Equity Partners is honored to be named an Inc. Magazine Top Founder-Friendly Investor for 2025, marking the firm’s second consecutive year on the prestigious list. The recognition highlights investment firms committed to supporting founder-led companies through hands-on partnership, operational expertise, and long-term alignment.

The annual list honors investment leaders with strong histories of backing growth-stage businesses and working alongside entrepreneurs to scale innovation. Selection is based directly on feedback from founders who have partnered with private equity, venture capital, and growth investors—evaluating not only financial performance, but the depth of collaboration, strategic guidance, and overall value creation.

“Raising capital is no small feat for today’s entrepreneurs. That’s why discovering investors who offer more than just financial backing—those who bring mentorship, resources, and a true spirit of partnership to your growth journey—is both rare and invaluable,” said Bonny Ghosh, Editorial Director at Inc. “The 2025 Founder-Friendly Investors are collaborators and dedicated to helping their portfolio companies succeed.”

To determine this year’s honorees, Inc. surveyed founders who have partnered with private equity, venture capital, and debt firms, gathering insights into how investors contributed to growth, product evolution, leadership development, and long-term strategy. Firms selected demonstrate a consistent pattern of trust, transparency, and meaningful operational impact.

“At Evolution, we have the privilege of partnering with extraordinary founders who are solving some of the most complex and consequential challenges in cybersecurity and AI,” said Richard Seewald, Founder & Managing Partner of Evolution Equity Partners. “Our philosophy is simple: invest with conviction, support with expertise, and stand alongside entrepreneurs as true partners. Being recognized again by Inc.—based directly on founder feedback—is especially meaningful. It affirms our commitment to building enduring companies together.”

Evolution Equity Partners invests in category-defining software and cybersecurity companies globally, supporting founders with deep domain expertise, a transatlantic operating platform, and a network of leaders across enterprise, policy, and technology.

For more information or to view the complete list of honorees, visit: https://www.inc.com/founder-friendly-investors

About Evolution Equity Partners

Evolution Equity Partners, headquartered in New York City, partners with rapidly growing cybersecurity software companies that safeguard our digital world. The firm was founded by investor and technology entrepreneurs Richard Seewald and Dennis Smith, who manage and lead the firm, and its partners have been involved as founders, investors and as senior operating executives in leading software companies around the world. Evolution has invested in over seventy cybersecurity companies building a growing portfolio of market leaders. Learn more at www.evolutionequity.com and follow us on LinkedIn and Twitter. 

About Inc.

Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

SOURCE Evolution Equity Partners

Investment affirms IMTC’s ability to optimize fixed income portfolios at scale

NEW YORK, Dec. 4, 2025 — IMTC, a leading fixed income technology partner to the buy-side, announced the closing of a $12 million Series A funding round led by Nyca Partners, a venture capital firm focused on fintech innovation.

Lord, Abbett & Co. LLC (“Lord Abbett”), an independent, privately held investment management firm, and an IMTC client, joined the round as a strategic investor – its first equity stake in a fintech partner. IMTC’s highly efficient end-to-end investment platform will empower Lord Abbett to build and rebalance fixed income client portfolios at a significant scale.

Additional participants in the round include Tribeca ESP and several existing investors, underscoring continued confidence in IMTC’s growth trajectory.

WHY IT MATTERS:

• Renewed support from Nyca and validation of IMTC’s hyper-efficient business model: This round represents Nyca’s latest investment in IMTC, further validating IMTC’s commitment to optimizing the fixed income market. IMTC’s cutting-edge technology provides full end-to-end, interconnected workflows and drives significant operational efficiencies for investment firms. Nyca first backed IMTC in 2022.
• Rapid Separately Managed Account (SMA) growth: The fixed income SMA market – where IMTC holds a leadership position – is expanding quickly, with about $16 billion in flows entering taxable fixed income SMAs in Q4 2024¹, more than the prior two years combined.
• Large market opportunity: SMA municipal fixed income assets, both taxable and tax-exempt, were estimated at $1.2 trillion as of Q1 2025, up from $100 billion in 2008². This represents a significant market opportunity for scalable technology solutions.

FROM LORD ABBETT MANAGING PARTNER DOUG SIEG:

“This investment underscores our commitment to IMTC and confidence in their leadership in fixed income technology. Their powerful platform delivers significant results for SMA managers, and we believe our partnership will accelerate industry innovation and enable us to deliver expanded, personalized solutions to clients in this evolving marketplace.”

FROM NYCA PARTNERS MANAGING PARTNER HANS MORRIS:

“Nyca’s continued support of IMTC highlights their exceptional ability to transform how the SMA market operates. Their forward-thinking approach to automating workflows and enabling scale for asset managers is a key driver in advancing efficiency, client service, and long-term growth in this segment.”

FROM IMTC CEO RUSSELL FELDMAN:

“We thank Nyca, Lord Abbett, and our other dedicated investors for their commitment to IMTC as it further validates our platform, vision and commitment to making the fixed income market more efficient. These investments allow us to continue to leverage our leading technology by accelerating product development and scaling operations while expanding our team to serve our growing client base.”  

BACKGROUND:

• As the fixed income SMA market experiences unprecedented growth, firms are increasingly turning to IMTC to power efficient, scalable, and tailored investment solutions that streamline workflow, reducing the time it takes to optimize bond portfolios by more than 95%.
• IMTC’s investment management system stands out in the market by offering dynamic portfolio construction, unparalleled connectivity to leading firms, and the flexibility and scalability that the buy-side needs to grow efficiently.
• The platform delivers advanced operational intelligence, which enables firms to automate manual workflows and customize accounts at scale, driving efficiency and improved outcomes.
• Many clients view IMTC not just as a technology provider but as a true partner, benefitting from the highly consultative nature of its sales and implementation processes and the firm’s commitment to treating clients as integral members of the IMTC community.

ABOUT IMTC

IMTC is an enterprise fintech provider that is fundamentally changing the way asset and wealth management firms manage fixed income assets for their clients. IMTC’s cloud-native portfolio and order management platform provides a comprehensive suite of tools combining advanced analytics, automation capabilities, and actionable insights. IMTC empowers firms with the ability to customize accounts at scale, modernize tech stacks, and launch products previously inaccessible. Clients benefit from making faster, more accurate, and more compliant investment decisions across portfolios, simultaneously. For more information, visit our website or follow on LinkedIn.

ABOUT LORD ABBETT

Lord, Abbett & Co. LLC is a privately held global asset management firm founded in 1929. From the day we first opened for business, our approach to investing for and serving our clients has been rooted in our core beliefs: Our clients always come first, our firm maintains a singular focus on the management of money, and our perspective is shaped by our independent thinking. These beliefs and our experience have empowered us to serve generations of clients and navigate changing markets. Today, we manage approximately $242 billion for individuals and institutions around the world across a full range of actively managed investment solutions that includes equities, fixed income, and alternative credit.

ABOUT NYCA PARTNERS

Founded in 2014, Nyca Partners is a leading venture capital firm focused on connecting innovative companies to the global financial system. With over $870 million in assets under management and investments in more than 100 portfolio companies, Nyca is one of the premier fintech venture capital firms in the world. The firm’s unique Limited Partner Advisor model brings together over 90 of the most respected professionals in financial services, technology, and academia as both investors and advisors. Nyca invests across various stages from seed to growth, with a particular emphasis on early-stage fintech companies that are transforming payments, lending, digital banking, capital markets, and financial infrastructure. The firm is headquartered in New York with offices in San Francisco.

Media Contact
Randy Williams
EPH2 Communications
[email protected]
+1.917.213.5980

¹ Source: BNY report, March 9, 2025
² Source: Seeking Alpha, September 18, 2025

SOURCE IMTC

PARIS, Dec. 4, 2025 — Brevo, a European leader in customer engagement software, has closed its latest €500 million financing round, officially becoming a unicorn. General Atlantic, a leading global investor, and Oakley Capital, a leading, pan-European mid-market investor, are joining the Company’s shareholders. Bpifrance and Bridgepoint, one of the world’s leading mid-market investors, remain minority investors, with the latter reinvesting via Bridgepoint Development Capital V, a lower middle-market fund focused on supporting fast-growing businesses across Europe. Partech, an investor since 2017, is fully exiting its stake. Following this transaction, Brevo’s management and employees have become the company’s largest shareholder. The new funding will support continued large-scale investments in AI, accelerated growth in the United States, and an intensified M&A strategy. Brevo will surpass €200 million in ARR (Annual Recurring Revenue) in 2025, with a double-digit EBITDA margin. Brevo operates in 180 countries, including France, Germany and USA, the three of which account for 65% of total revenues. The Company aims to reach one billion Euros in annual revenue by 2030.

The successful bet on repositioning

In 2023, Sendinblue became Brevo to reflect the Company’s evolution while staying true to its mission: empowering millions of companies to build stronger relationships with their customers. Originally focused on email marketing, the Company has significantly expanded its offering over the years, becoming one of the most comprehensive, intuitive, and efficient Customer Platforms on the market. It integrates marketing automation, CRM, Customer Data Platforms, SMS, WhatsApp, push notifications, all the way to social CRM. Brevo continuously develops and deploys new features, enabling more than 600,000 clients to benefit from the full range of today’s most in-demand consumer engagement tools.

Continued investment in AI and product development

Historically, over 50% of Brevo’s workforce and talent have been dedicated to product development and R&D. This long-standing focus on research and innovation will now be amplified to leverage the rapid pace of technological progress, ensuring Brevo continues to deliver the best possible experience to its customers.

Announced last February with a €50 million investment over the next five years, the Brevo AI Lab has already given rise to new features such as Marketing, Sales and Conversations agents and the MCP (Model Complex Protocol) connector, which links Brevo’s Customer Platform to AI assistants and applications such as Claude, ChatGPT or Mistral’s Le Chat. Brevo aims to reinforce its position as a European leader in customer engagement software while accelerating the integration of AI and advanced technologies at the core of its product.

At the same time, Brevo is seeing exceptional traction on its Sales CRM, which helps sales teams better track opportunities and automate lead conversion. This momentum is driving the Company to further accelerate investment in this strategic product, which has become a key driver of its growth.

Growth Priorities: United States, Mid-Market, and M&A

The United States, which already represents a meaningful share of Brevo’s revenue, continues to show substantial long-term potential. Growth in the region is accelerating, with the U.S. now generating 24% of all new revenue. To support this trajectory, Brevo will continue to invest significantly in the market through 2030, with over €100 million planned for investment.

Brevo is also experiencing strong momentum in the mid-market segment, where revenue is growing twice as fast as the rest of the business. This validates the Company’s strategy of expanding its offering for mid-sized organizations and reinforces the segment as a key pillar of Brevo’s growth plan.

This new funding round will enable Brevo to accelerate its external growth strategy. With 11 acquisitions since its creation, Brevo leverages M&A with two clear objectives: integrating new, differentiating technologies into its platform, and expanding market share in key geographies.

Armand Thiberge, founder and CEO of Brevo, comments : “I’m very pleased to welcome Oakley Capital and General Atlantic, two global investment firms that share our vision and high standards. Our ambition remains unchanged: to build a global European CRM leader capable of competing with US players through product excellence. This new phase will allow us to further accelerate our product roadmap, notably by leveraging AI, and to strengthen our operational excellence.”

Peter Dubens, co-Founder and Managing Partner at Oakley Capital, said: “We’re pleased to be partnering with a proven founder like Armand. He has built a remarkable company combining a unique product offering, international scale, and profitable growth. We see significant opportunity to further internationalise the business and expand into the mid-market, and we look forward to working in partnership with Brevo and General Atlantic to achieve this.“

Sascha Günther, Managing Director at General Atlantic, added: “We see strong secular tailwinds in AI-driven customer engagement software platforms that serve SMBs and mid-market clients. Brevo is uniquely positioned at the centre of this shift with a product-led, capital-efficient foundation, and a visionary founder in Armand. We’re excited to support Brevo in becoming a global category leader.“

Thomas Moussallieh, Partner at Bridgepoint, commented: “Brevo’s journey over the past five years has been extraordinary. Together, we’ve scaled the business internationally, expanded its capabilities, and built a platform that now leads its category in Europe. The five-fold ARR growth and nine strategic acquisitions under our partnership reflect the vision and ambition of Armand and the team. We’re proud of what we’ve achieved together and look forward to supporting Brevo’s next chapter through our reinvestment via BDC V.“

About Brevo

Brevo offers the most intuitive Customer Platform for the sustainable growth of all businesses and organizations (including nonprofits). With Brevo, companies benefit from a unified view of the customer journey through an all-in-one marketing and sales platform featuring email, SMS, WhatsApp, chat campaigns, and much more. Today, more than 600,000 companies including eBay, H&M, Louis Vuitton, Carrefour, and Michelin trust Brevo’s reliability to deepen their customer relationships. A B Corp–certified and Next40 company, Brevo employs over 1000 people worldwide. Its headquarters are located in Paris, France. For more information:

www.brevo.com

About General Atlantic

General Atlantic is a leading global investor with more than four and a half decades of experience providing capital and strategic support for over 830 companies throughout its history. Established in 1980, General Atlantic continues to be a dedicated partner to visionary founders and investors seeking to build dynamic businesses and create long-term value. Guided by the conviction that entrepreneurs can be incredible agents of transformational change, the firm combines a collaborative global approach, sector-specific expertise, a long-term investment horizon, and a deep understanding of growth drivers to partner with and scale innovative businesses around the world. The firm leverages its patient capital, operational expertise, and global platform to support a diversified investment platform spanning Growth Equity, Credit, Climate, and Sustainable Infrastructure strategies. General Atlantic manages approximately $118 billion in assets under management, inclusive of all strategies, as of September 30, 2025, with more than 900 professionals in 20 countries across five regions. For more information on General Atlantic, please visit: www.generalatlantic.com

About Oakley Capital

Oakley Capital was founded 20 years ago to be the partner of choice for exceptional founders and entrepreneurs. We back private, pan-European businesses with an enterprise value from €100m to €1bln+, acquiring control or co-control stakes and supporting complex deals such as carve-outs. We have a diverse team of over 200 professionals working across five locations, including London, Munich, Milan, Madrid, and Luxembourg, offering us genuine European reach and local cultural expertise. Our unique origination capabilities help us unearth attractive opportunities across our four core sectors: Technology, Business Services, Digital Consumer and Education. We focus on building long-lasting, repeat partnerships with exceptional founders, many of whom go on to invest in our funds.

Illustrative visuals available by clicking here.

Logo: https://mma.prnewswire.com/media/2838636/Brevo_Logo.jpg

CONTACT: Fabrice Pelosi – [email protected] 

SOURCE Brevo

New investments underscore the accelerating institutional adoption of the Canton Network

NEW YORK, Dec. 4, 2025 — Digital Asset, the creator of the Canton Network and a leader in privacy-enabled blockchain technology for global financial markets, today announced a new strategic investment from BNY, iCapital, Nasdaq, and S&P Global. Their participation reflects the accelerating convergence of traditional finance (TradFi) and decentralized finance (DeFi) towards an “AllFi” future on the Canton Network.

These investments build on Digital Asset’s strong momentum following recent funding milestones and underscore the growing institutional alignment behind the Canton Network– the only public, permissionless Layer-1 blockchain designed with configurable privacy, institutional-grade compliance, and the ability to support hundreds of billions of dollars in onchain real-world assets.

The new strategic partners represent leading global institutions in asset servicing, wealth management, market infrastructure, financial data, financial technology, and digital asset trading. Their investment reinforces the critical role Canton is playing in the next phase of financial market infrastructure, bringing together decentralization with the privacy, legal certainty, and regulatory compliance required by global markets.

Today, the Canton Network underpins a diverse and rapidly expanding set of use cases, including bonds, equities, money market funds, alternative investment funds, commodities, repos, mortgages, life insurance, and annuities. With more than $6 trillion of assets onchain, over 600 institutions now participate across the Canton ecosystem, including global leaders in both traditional and decentralized finance.

Yuval Rooz, CEO of Digital Asset:
“Institutions across the financial ecosystem recognize the necessity of blockchain infrastructure purpose-built for regulated markets. The addition of BNY, iCapital, S&P Global, and Nasdaq marks another milestone in the evolution of both Digital Asset and Canton. Their participation reinforces the inevitability of interoperable, privacy-enabled markets operating at global scale. We look forward to deepening our collaboration as we continue to transform how onchain real-world assets move, settle, and interconnect.”

Brian Ruane, Head of Global Clearing, Credit Services & Corporate Trust, BNY:
“As capital markets move faster towards a real-time, always-on operating model, the development of financial infrastructure that seamlessly connects digital and traditional markets has never been more important. We’re excited to work with Digital Asset and Canton to continue advancing privacy-enabled and interoperable settlement solutions at institutional scale. This investment reflects our commitment to reimagining a faster and more efficient future for financial market infrastructure.”

Lawrence Calcano, Chairman and CEO, iCapital:
“By investing in Digital Assets, the leader in blockchain innovation, iCapital is reinforcing its commitment to building next-generation financial infrastructure. By combining our expertise in private markets and proven technology with Canton’s blockchain platform, we are establishing the foundation for tokenization of alternatives—driving efficiency, transparency, and broader access across the investment ecosystem.”

Tal Cohen, President ofNasdaq:
“We’re excited to deepen our relationship with Digital Asset and the Canton Network as we continue building the next generation of institutional market infrastructure. This investment builds on the work we’ve already done together to modernize post-trade and collateral workflows, and positions us to accelerate adoption of interoperable, tokenized solutions across the global capital markets. By combining Nasdaq’s markets and infrastructure expertise with Digital Asset’s technology, we can help our clients unlock new efficiencies, better manage risk, and confidently participate in the evolving digital asset ecosystem.”

Swati Sawjiany, Global Head of Enterprise Strategy, M&A and Investments, S&P Global:
“The accelerated convergence of off-chain and on-chain financial markets underscores the importance of trusted market data, industry-leading benchmarks, and risk assessments as critical enablers in the transformation of market infrastructure. Digital Asset Holdings has played a central role in building a public blockchain capable of supporting the privacy and compliance demands of financial institutions. We are excited to join this round and see opportunity to collaborate with Canton and network participants to enhance transparency, integrity, and insight to digital markets.”

About Digital Asset:
Digital Asset is a leading innovator in blockchain technology, transforming traditional and digital financial markets with privacy-enabled solutions that improve capital flow and create a more efficient, fair, and resilient global system. As the creator of the Canton Network, the only public layer one blockchain with privacy, and a founding member of its Canton Foundation, Digital Asset has been a pioneer of this open, secure, and interoperable infrastructure. Founded in 2014, Digital Asset is committed to reshaping the future of finance by enabling real-time efficiencies, 24/7 global transactions, and unlocking the full potential of cryptocurrencies, digital assets, and the continued convergence of decentralized and traditional finance.

About the Canton Network:
The Canton Network is the only public, permissionless blockchain purpose-built for institutional finance–uniquely combining privacy, compliance, and scalability. Governed by the Canton Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. The open-sourced network is powered by its native token, Canton Coin, and supports decentralized governance and collaborative application development. It’s the proven link between the promise of blockchain and the power of global finance, making finance flow the way it should. Learn more at: canton.network.

Contact:
Paul Patella
914-645-8662
[email protected]

SOURCE Digital Asset (US) Corp.

COLUMBUS, Ohio and NEW YORK, Dec. 4, 2025 — Paradigm Health, the technology company rebuilding the clinical research ecosystem, today announced an oversubscribed $78 million Series B financing. The round was led by ARCH Venture Partners, with participation from new investor DFJ Growth and existing investors F-Prime, General Catalyst, GV, Lux Capital, Mubadala Capital, the American Cancer Society’s BrightEdge Fund, and others, several of whom took super pro-rata positions.

Paradigm Health is transforming how clinical trials are conducted and broadening access for patients across the U.S. and globally. The new funding will be used to accelerate Paradigm Health’s expansion as demand grows from global biopharmaceutical companies for more efficient trials and from health systems seeking to offer trials to patients closer to where they receive routine care. Paradigm Health currently supports Phase I–III oncology trials for 15 of the top 20 global pharmaceutical companies.

“When trials run more efficiently, new treatments reach patients sooner,” said Robert Nelsen, Managing Partner at ARCH Venture Partners and Paradigm Health Co-Founder and Board Chair. “Paradigm Health is creating new infrastructure the industry desperately needs: one platform that enables hospitals and sponsors to run studies faster, more intelligently, and at far lower cost. This will accelerate the development of promising therapies and help ensure today’s patients have access to the treatments they need.”

Following Paradigm Health’s acquisition of Flatiron Health’s Clinical Research Business, the company now operates the largest oncology research network in the United States and is expanding its commercial business across neuroscience, cardiovascular disease, metabolic conditions, and other therapeutic areas with significant research needs.

“Clinical trials are how we learn and improve care for patients,” said Kent Thoelke, Chief Executive Officer of Paradigm Health. “Today, most research happens in academic centers because they have the staff and infrastructure to manage it. Patients in community and rural settings have limited access to trials, and their experiences remain underrepresented in research. This slows down trials, makes them more expensive, and misses opportunities for innovation. Paradigm Health is building a scalable trial ecosystem embedded directly into real-world clinical workflows, enabling any health system to participate in research with dramatically fewer resources.”

Paradigm Health’s platform now spans 45 U.S. states and 166 healthcare provider organizations with 2,100 care locations, placing 70% of the U.S. cancer population within easy access to a clinical trial site. This includes 123 community oncology practices and 43 health systems and academic medical centers, 23 of which are NCI-Designated Cancer Centers. The company’s AI-enabled infrastructure automates patient matching and site feasibility, and has helped health systems accrue to trials four times faster while reducing provider burden and accelerating timelines for biopharma sponsors. Paradigm Health also recently launched a Trial Design Service to enable sponsors to design and execute interventional and pragmatic trials embedded directly into routine care.

“Clinical trials are the bottleneck in getting new therapies to patients, especially as AI unlocks an unprecedented wave of drug innovation,” said Justin Kao, Partner at DFJ Growth. “Paradigm Health is the AI-native platform built for this moment, pairing breakthrough technology with the largest clinical network to make trials dramatically faster and more accessible. We’re excited to support the team as they democratize access to cutting edge therapies.”

With its national network, AI-powered platform, and trial-design capabilities, Paradigm Health is the leading partner for biopharma companies and health systems working to make clinical research a seamless part of patient care in every community where it’s needed.

About Paradigm Health‍
Paradigm Health is rebuilding the clinical research ecosystem by creating a platform that enables equitable access to trials for all patients, while enhancing trial efficiency and reducing the barriers to participation for healthcare providers. Incubated by ARCH Venture Partners and backed by leading healthcare and life sciences investors, Paradigm Health aims to break down barriers across the trial ecosystem through one seamless infrastructure implemented at healthcare provider organizations, bringing potentially life-saving therapies to patients faster. For more information, visit https://www.paradigmhealth.ai   

SOURCE Paradigm Health, Inc.

Eine einzigartige Investition des Quantenhandelsriesen signalisiert einen Wandel in der Art und Weise, wie komplexe Systeme getestet werden.

TYSONS CORNER, Virginia, 4. Dezember 2025 — Antithesis gab heute eine Serie-A-Runde in Höhe von 105 Millionen US-Dollar unter der Leitung von Jane Street bekannt, dem globalen technologiegetriebenen quantitativen Handelsunternehmen, das für den Aufbau einiger der weltweit fortschrittlichsten Softwaresysteme bekannt ist. Die Investition unterstreicht die Bedeutung von Antithesis als kritische Infrastruktur für Unternehmen, die komplexe, verteilte Systeme betreiben. Jane Street ist sowohl Investor als auch Kunde von Antithesis.

Zu den weiteren Investoren gehören Amplify Venture Partners, Spark Capital, Tamarack Global, First In Ventures, Teamworthy Ventures, Hyperion Capital sowie Privatpersonen wie Patrick Collison, Dwarkesh Patel und Sholto Douglas sowie weitere neue und wiederkehrende Investoren. Das Kapital wird verwendet, um die Produktinnovation von Antithesis zu beschleunigen und die Marktpräsenz in Nordamerika, Europa sowie Asien zu erhöhen.

Softwaresysteme sind komplexer geworden, und da KI das Volumen des produzierten Codes beschleunigt, können herkömmliche Tests nicht mehr Schritt halten. Heutzutage verlassen sich die meisten Unternehmen immer noch auf beispielbasierte Tests (ob von Ingenieuren oder von KI geschrieben). Diese Methoden erfassen zwar oberflächliche Probleme, können jedoch nicht zuverlässig die tiefgreifenden, sich entwickelnden Verhaltensweisen aufdecken, die zu Ausfällen, Datenbeschädigungen und kaskadenartigen Systemausfällen führen.

Antithesis ersetzt dies durch deterministische Simulationstests: Es wird eine vollautomatisierte, massiv parallele Simulation des zu validierenden Systems ausgeführt, die monatelanges Verhalten in der produktiven Umgebung auf wenige Stunden verdichtet. Die Plattform untersucht Randfälle, injiziert häufige Fehler, validiert die Korrektheit und reproduziert jeden Fehler perfekt, sodass Ingenieure Probleme mit beispielloser Geschwindigkeit sowie Zuverlässigkeit beheben können.

„Software ist heute die Grundlage von allem, und je komplexer und verteilter Systeme werden, desto mehr braucht die Welt ein neues Testmodell, das Korrektheit garantiert”, sagte Will Wilson, Geschäftsführer von Antithesis. „Mit dieser Finanzierung bauen wir die Infrastruktur aus, die Zuverlässigkeit nicht nur erreichbar, sondern zur Selbstverständlichkeit macht, so wie wir auch erwarten, dass Ampeln jedes Mal funktionieren. Unsere Kundschaft beweist bereits, dass deterministisch validierte Systeme schneller ausgeliefert werden, ohne zu versagen, und ein tieferes Vertrauen schaffen.”

„Jane Street betreibt einige der anspruchsvollsten verteilten Systeme der Welt, und Antithesis hat uns geholfen, Probleme aufzudecken, die keine andere Testmethode finden konnte”, sagte Doug Patti, Ingenieur bei Jane Street. „Wir legen die Messlatte für Technologien, auf die wir uns verlassen, sehr hoch und für Unternehmen, in die wir investieren, sogar noch höher. Es ist zwar selten, dass wir eine frühe Runde leiten, aber Antithesis ist uns um Jahre voraus, und wir glauben, dass deterministische Simulationstests in allen Branchen grundlegend sein werden.”

Auswirkungen auf Kunden in den Bereichen Finanzen, KI, Blockchain und Dateninfrastruktur
Antithesis wird bereits von Unternehmen eingesetzt, deren Systeme nicht ausfallen dürfen:

• Jane Street verlässt sich auf Antithesis, um komplexe verteilte Systeme zu validieren, die für den Betrieb ihres globalen Handelsgeschäfts entscheidend sind.
• Ethereum nutzte Antithesis, um sein globales Netzwerk unter extremen Bedingungen vor The Merge zu simulieren und kritische Probleme aufzudecken, die den historischen Übergang auf Proof of Stake hätten gefährden können.
• MongoDB nutzt Antithesis, um Kernkomponenten seiner Datenbankplattform rigoros zu testen und hilft den Ingenieuren, subtile Probleme zu erkennen, bevor sie die Kunden erreichen.

Diese Beispiele spiegeln einen schnell wachsenden Kundenstamm in den Bereichen Finanzwesen, Infrastrukturplattformen und Organisationen wider, die fortschrittliche KI-Systeme entwickeln. Antithesis hat seinen Umsatz in den vergangenen zwei Jahren um mehr als das Zwölffache gesteigert und wächst weiterhin rasant.

Verwendung der Mittel
Mit der neuen Finanzierung wird Antithesis:

• Engineering-Teams erweitern, um ihre deterministische Simulations-Engine weiter zu stärken
• Die Analysefähigkeit und Autonomie der Plattform weiter ausbauen
• Eine erstklassige Vertriebs- und Marketingorganisation aufbauen
• Markteinführungsaktivitäten in Nordamerika, Europa und Asien skalieren
• Die Verfügbarkeit über Cloudkanäle, einschließlich des AWS Marketplace, weiter ausbauen

Informationen zu Antithesis
Antithesis ist ein grundlegend neuer Weg, um zu überprüfen, ob Software korrekt funktioniert, bevor sie veröffentlicht wird. Es führt eine vollständig deterministische, massiv-parallele Simulation durch, die in wenigen Stunden eine jahrelange Produktion unter realen Bedingungen testet. Antithesis erforscht auf intelligente Weise die entlegensten Winkel Ihrer Codebasis und fügt strategisch häufige Fehler ein, um sicherzustellen, dass sich das System immer wie vorgesehen verhält. Die Plattform reproduziert jeden gefundenen Fehler exakt in ihrer einzigartigen Umgebung zur schnellen Fehlerbehebung. Das Unternehmen hat seinen Sitz in Nord-Virginia, wurde 2018 gegründet und ist 2024 aus dem Stealth-Modus hervorgegangen. Weitere Informationen finden Sie auf https://antithesis.com/.

Informationen zu Jane Street
Jane Street ist ein globales, technologieorientiertes Handels- und Investmentunternehmen. Das im Jahr 2000 gegründete Unternehmen bietet einen forschungsorientierten Ansatz sowie quantitatives Fachwissen für Märkte auf der ganzen Welt und ist mit mehr als 3000 Beschäftigten in Büros in New York, London, Hongkong, Singapur sowie Amsterdam vertreten. Weitere Informationen finden Sie auf www.janestreet.com.

Logo – https://mma.prnewswire.com/media/2836754/Antithesis_Logo.jpg

NOVATO, Calif., Dec. 3, 2025 — Circulate Health, a leader in precision Therapeutic Plasma Exchange (TPE) technologies and microplastics technologies, announces today a strategic investment from Scrum Ventures, a global early-stage venture capital firm known for its strong focus on sports, human performance, and next-generation health technologies. The seven-figure investment will accelerate Circulate’s ongoing growth.

“We’re entering a new era where more and more consumers are recognizing the benefits of TPE,” said Brad Younggren, Circulate’s CEO & Co-Founder. “Partnering with Scrum Ventures allows us to expand our research and continue the momentum we’ve seen since inception.”

Circulate Health’s platform leverages advanced TPE technology designed to remove circulating microplastics, environmental toxins, inflammatory markers, and other microscopic pollutants. Early research suggests that these particles may accumulate over time, contributing to systemic inflammation, oxidative stress, and potential long-term health challenges.

“The shift toward proactive, science-backed longevity care is one of the most important movements in modern health,” said Michael Proman, Partner at Scrum Ventures. “Circulate is positioned at the center of that transformation—they’re building the first truly scalable, patient-centered platform in therapeutic plasma exchange.”

This partnership signals the convergence of two rapidly growing fields and will help further advance their respective industries in the coming months.

About Circulate Health
Backed by Khosla Ventures, Circulate Health is pioneering technologies to reverse aging and improve health outcomes. Learn more at https://www.circulate.health/.

About Scrum Ventures
Scrum Ventures is a seed-stage venture capital firm based in San Francisco and Tokyo, investing in innovative companies across industries such as health, sports, mobility, and AI & robotics. Through its global network and Scrum Studio open innovation platform, the firm supports startups advancing athlete performance, wellness, and next-generation sports technology, and more. Learn more at Scrum.vc.

SOURCE Circulate Health