Procurement Sciences Closes $30 Million Series B to Accelerate AI Platform Helping Businesses Find, Win and Deliver Government Contracts

Backed by Catalyst Investors, Battery Ventures and strategic partners, the company
extends its leadership with the first AI-native operating system for GovCon,
transforming how businesses compete in the $1 trillion public sector market

WASHINGTON, Nov. 5, 2025Procurement Sciences, the AI software company transforming how businesses find, win and deliver on government contracts, today announced it has closed $30 million in Series B funding led by New York City-based growth equity firm Catalyst Investors, advancing the company’s mission to create the first AI-native operating system purpose built for government contractors and redefining how organizations navigate and compete in the $1 trillion public sector market.

Existing backers Battery Ventures, Tower Research Ventures, K-Street Capital and Blu Ventures participated in the oversubscribed round alongside new strategic investors Bosch Ventures, Citi and prominent industry angels.

The new funding will fuel product expansion, strategic hiring, new office openings and growth in key markets, while scaling commercialization and customer enablement.

“The U.S. government is the world’s largest buyer, offering enormous opportunity, but the process is complex, competitive and leaves no margin for error,” said Christian Ferreira, founder and CEO of Procurement Sciences. “As a Marine Corps veteran and former contractor, I know firsthand how outdated systems and manual processes hold companies back and restrict innovation from reaching the government sector. With this investment, Procurement Sciences will expedite the shift to intelligent automation, predictive insights and agentic AI – tools that give contractors of any size the power to win and deliver with speed, compliance and confidence. Work that once took weeks now takes minutes.”

Building a Category-Defining Platform for Government Contracting

This latest funding accelerates the creation of a new category of AI platforms purpose-built for businesses in government contracting. Procurement Sciences’s flagship product, Awarded AI, is the first AI-native contracting platform that powers the entire lifecycle, bringing transformation and efficiency to companies selling to the federal government, state, local and education (SLED) agencies, as well as international public sector markets.

Awarded AI offers a single, intelligent platform that automates tasks, ensures compliance and delivers real-time insights to accelerate decision-making. It replaces a patchwork of legacy tools used to manage proposals, customer relationships, contracts, market research and other disconnected systems of record, while setting a new standard for applying advanced AI to achieve success across the government contracting lifecycle. With Awarded AI, proposal responses that once required weeks or even months can now be drafted in minutes – tailored, compliant and ready for review.

“Procurement Sciences has achieved something rare – true category creation in a massive, underserved market,” said Tyler Newton, managing partner at Catalyst Investors, who has joined the Procurement Sciences board. “Christian and his team have built the only comprehensive, AI-first solution designed specifically for government contracting, and their results speak for themselves. We’re excited to support their mission to transform how businesses compete in the public sector.”

Demand for a solution that drives efficiency in government contracting is high. Since closing its Series A just 15 months ago, Procurement Sciences has:

  • Achieved over 10x revenue growth
  • Enabled more than $3 billion in customer contract wins
  • Expanded its user base to over 300 organizations, including four of the Top 10 defense and aerospace contractors and leading IT, logistics and consulting firms
  • Appointed CTO Greg Larson, who has successfully scaled multiple companies from early stage to multi-billion-dollar valuations, most notably Jasper AI and Divvy
  • Grown its team from 16 to more than 70 employees

Learn more about Procurement Sciences at https://procurementsciences.com or explore Awarded AI’s features and benefits at https://procurementsciences.com/platform.

About Procurement Sciences
Procurement Sciences has created the world’s first AI-native operating system purpose-built for businesses selling to the government. Trusted by industry leaders and emerging contractors alike, the platform unifies opportunity discovery, proposal automation, compliance management and delivery execution in a single, intelligent solution – helping companies automatically find opportunities, respond and win, and deliver with speed and confidence. Founded in 2022 by military and industry veteran Christian Ferreira, Procurement Sciences is backed by leading investors including Catalyst Investors, Battery Ventures, Tower Research Ventures, K-Street Capital, Blu Ventures, Bosch Ventures and Citi. Learn more at procurementsciences.com

About Catalyst Investors
Catalyst Investors is a growth equity firm based in New York. Catalyst invests in rapidly growing technology companies and has been ranked as a top-decile performer by partnering with entrepreneurs and helping companies scale. Recent investments and exits include Breezeway Homes, Burro, EDB, Fieldpulse, Fusion Risk Management, LinkSquares, Ninety, Pax8, Presence, Sevaro, Tava Health and Weave Communications. For more information, visit www.catalyst.com.

SOURCE Procurement Sciences

AI Video Startup Video Rebirth Raises $50 Million in Funding

Funding to build a “world model” for professional creators, challenging consumer-grade tools with high-fidelity, physics-aware generation for film and advertising.

SINGAPORE, Nov. 5, 2025 — Video Rebirth, a Singapore-headquartered AI video startup, today announced the completion of a USD $50 million funding round. The financing includes participation from top-tier global financial and strategic investors.

The company was founded by Dr. Wei Liu, a former Tencent Distinguished Scientist and an IEEE/AAAS Fellow, to build a “world model” for AI video generation. The capital will be used to challenge the current market by shifting the focus from consumer-grade tools to a high-fidelity, controllable platform for professional creators in advertising, e-commerce, film, and animation. The company plans to launch its 1.0 product in December 2025.

While the generative video market has exploded, most existing models fail to meet the standards of professional studios. They lack fine-grained control, motion consistency, and realistic physics. Video Rebirth tackles this gap directly by prioritizing cinematic quality. The company’s core innovation is a proprietary “Physics Native Attention” architecture. This novel approach, combined with a curated data strategy, allows its “Bach” series of models to generate content with superior realism in light, shadow, and object interaction.

“Video generation is the most direct pathway to building interactive world models, but the industry’s scaling laws are not yet solved,” said Dr. Wei Liu, Founder of Video Rebirth. “Our mission is to move beyond simple ‘text-to-video’ tools and build a true generative platform. We are engineering for the creators who need cinematic quality and physical consistency, not just novelty. This funding allows us to accelerate our research and build an ecosystem for the next AI Generated Entertainment (AIGE) trend.”

About Video Rebirth
Video Rebirth is a Singapore-based AI startup developing top-tier models for video generation. Headquartered in Singapore to spearhead its global market expansion, the company is pioneering new architectures and algorithms that bring together physics-aware realism, multimodal reasoning, and creative control, aiming to reshape the next-era of intelligent content generation and interaction. For more information, please visit www.videorebirth.com.

Media Contact:
Fay Wong
[email protected]

SOURCE Video Rebirth

FUTURE – Die führende Bitcoin Treasury Company der Schweiz sichert sich 28 Millionen CHF

ZÜRICH, 5. November 2025 — FUTURE (Future Holdings AG), die führende Schweizer Bitcoin Treasury Company, gibt heute den erfolgreichen Abschluss ihrer strategischen Finanzierungsrunde in Höhe von 28 Millionen CHF bekannt. Die Runde wurde von den Ankerinvestoren Fulgur Ventures, Nakamoto und TOBAM angeführt – einige der etabliertesten Namen an der Schnittstelle zwischen traditioneller Finanzwelt und Bitcoin.

Das Unternehmen wird von einem erfahrenen Team geleitet, das Expertise in den Bereichen Bitcoin, Venture Capital, strukturierte Finanzierungen und Kapitalmärkte vereint. Zum Führungsteam gehören Richard Byworth, Chairman und Managing Partner bei Syz Capital, sowie Sebastien Hess, CEO von FUTURE, Fintech- und Bitcoin-Unternehmer und Investor mit Erfahrung bei Rocket Internet und Block Green (unterstützt von Peter Thiel und Coinbase). Unterstützt werden sie von den Mitgründern Marc Syz (CEO Syz Capital), Julian Liniger (CEO Relai) und Adam Back (Erfinder von Hashcash und CEO von Blockstream).

„Diese Finanzierungsrunde bringt führende Venture-Investoren zusammen, die unsere Überzeugung in Bitcoin und das starke Team hinter FUTURE teilen”, sagte Sebastien Hess, CEO von FUTURE. „Ihr Engagement spiegelt Vertrauen in unsere Umsetzungskraft und unsere Vision wider, Europas führende Bitcoin Treasury Company zu schaffen – eine vertrauenswürdige institutionelle Plattform, die Bitcoin durch finanzielle Disziplin, Technologie und transparente Governance mit globalem Kapital verbindet.”

„Unsere strategische Positionierung in einem der wichtigsten Finanzzentren Europas, mit einem Basiszins von 0 % und einer Rendite von 0.12 % auf zehnjährige Staatsanleihen, kombiniert mit einem Team von Bitcoinern mit erstklassigen Finanzhintergründen, schafft ein erhebliches Potenzial für eine Bitcoin Treasury Company”, erklärte Richard Byworth, Chairman und Mitgründer von FUTURE. „Die Qualität der Investoren in dieser Runde und das starke Interesse trotz des herausfordernden Marktumfelds unterstreichen die Nachfrage nach einem Schweizer BTCTC und zugleich die Qualität unseres handverlesenen Teams.”

Eine bilanzgetriebene institutionelle Plattform

Das Geschäftsmodell von FUTURE basiert auf einer soliden Bitcoin-Bilanz, die die Grundlage sämtlicher Unternehmensaktivitäten bildet. Das integrierte Modell des Unternehmens ist darauf ausgelegt, die institutionelle Bitcoin-Adoption ganzheitlich zu unterstützen:

  • Treasury Operations: Akkumulation, Verwahrung und Verwaltung von Bitcoin als zentrale Bilanzbasis.
  • Research & Analytics: Erstellung proprietärer Research-Berichte, Marktanalysen und Dashboards für institutionelle Investoren.
  • Infrastructure & Platform: Entwicklung sicherer, konformer Treasury- und Wallet-Infrastrukturen für institutionelle Bitcoin-Operationen.
  • Advisory: Bereitstellung institutioneller Beratungsleistungen sowie Organisation des Future Bitcoin Forum 2026 in der Schweiz.

„Die Schweiz verfügt über eine lange Tradition in finanzieller Innovation und Vertrauen”, sagte Marc Syz, Vice-Chairman von FUTURE. „Es ist an der Zeit, diesen Weg fortzusetzen und im Bereich Bitcoin führend zu werden, indem wir institutionelle Infrastruktur aufbauen, die höchsten globalen Standards entspricht.”

Über FUTURE

Website: [https://future.holdings]

Disclaimer

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS FOR BACKGROUND PURPOSES ONLY AND DOES NOT PURPORT TO BE FULL OR COMPLETE. NO RELIANCE MAY BE PLACED BY ANY PERSON FOR ANY PURPOSE ON THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT OR ITS ACCURACY, FAIRNESS OR COMPLETENESS. THIS INFORMATION DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES TO ANY PERSON IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN ANY JURISDICTION TO WHOM OR IN WHICH SUCH OFFER OR SOLICITATION IS UNLAWFUL. IT IS NOT BEING ISSUED IN COUNTRIES WHERE THE PUBLIC DISSEMINATION OF THE INFORMATION CONTAINED HEREIN MAY BE RESTRICTED OR PROHIBITED BY LAW. THIS INFORMATION IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THE DISTRIBUTION OF THIS ANNOUNCEMENT MAY BE RESTRICTED BY LAW IN CERTAIN JURISDICTIONS AND PERSONS INTO WHOSE POSSESSION ANY DOCUMENT OR OTHER INFORMATION REFERRED TO HEREIN COMES SHOULD INFORM THEMSELVES ABOUT AND OBSERVE SUCH RESTRICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THIS ANNOUNCEMENT MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, “FORWARD-LOOKING STATEMENTS”. FORWARD-LOOKING STATEMENTS MAY AND OFTEN DO DIFFER MATERIALLY FROM ACTUAL RESULTS. FUTURE HOLDINGS AG EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO UPDATE, REVIEW OR REVISE ANY FORWARD LOOKING STATEMENT CONTAINED IN THIS ANNOUNCEMENT WHETHER AS A RESULT OF NEW INFORMATION, FUTURE DEVELOPMENTS OR OTHERWISE. THIS PUBLICATION CONSTITUTES NEITHER A PROSPECTUS OR A SIMILAR COMMUNICATION WITHIN THE MEANING OF THE SWISS FINANCIAL SERVICES ACT OR UNDER ANY OTHER LAW.

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Switzerland’s Premier Bitcoin Treasury Company FUTURE Raises CHF 28 Million

ZURICH, Nov. 5, 2025 — FUTURE (Future Holdings AG), Switzerland’s premier Bitcoin Treasury Company, today announced the successful closing of its CHF 28 million strategic funding round. The round was anchored by cornerstone investors Fulgur Ventures, Nakamoto, and TOBAM, representing some of the most established names bridging traditional finance and Bitcoin.

The company is spearheaded by a seasoned team combining expertise in Bitcoin, venture, structured finance and capital markets. The leadership includes Chairman Richard Byworth, Managing Partner at Syz Capital, and CEO Sebastien Hess, a fintech and Bitcoin entrepreneur and investor known for his involvement with Rocket Internet and Block Green (backed by Peter Thiel and Coinbase). They are further supported by Co-Founders Marc Syz, CEO at Syz Capital, Julian Liniger, CEO of Relai, and Adam Back, the inventor of Hashcash and CEO of Blockstream.

“This round brings together leading venture investors who share our conviction in Bitcoin and in the strength of the team we have built at FUTURE,” said Sebastien Hess, CEO of FUTURE. “Their commitment reflects confidence in our execution and in our vision to build Europe’s Premier Bitcoin Treasury Company, a trusted institutional gateway that connects Bitcoin with global capital through financial discipline, technology, and transparent governance.”

“Our strategic positioning in one of Europe’s key financial centres, with a 0% base rate and 0.12% yield on ten-year bonds, combined with a team of Bitcoiners boasting strong financial pedigrees, creates a significant opportunity set for a Bitcoin treasury company,” said Richard Byworth, Chairman and co-founder of FUTURE. “The calibre of the investors in this round, and the strong interest we have seen in a challenging environment, highlights the demand for a Swiss BTCTC, while underscoring the quality of our handpicked team.”

A Balance-Sheet-Driven Institutional Platform

FUTURE’s business model is built on a strong Bitcoin balance sheet forming the foundation for all of the company’s activities. The company’s integrated model is designed to serve institutional Bitcoin adoption end-to-end:

  • Treasury Operations: accumulation, custody, and management of Bitcoin as the core balance-sheet foundation.
  • Research & Analytics: production of proprietary research, market intelligence, and analytical dashboards tailored for institutional investors.
  • Infrastructure & Platform: development of secure, compliant treasury and wallet-infrastructure solutions enabling institutional Bitcoin operations.
  • Advisory: provision of institutional advisory services and organization of the Future Bitcoin Forum 2026 in Switzerland.

“Switzerland has a long tradition of financial innovation and trust,” said Marc Syz, Vice-Chairman of FUTURE. “It is time for the country to continue on that path and lead in Bitcoin by building institutional infrastructure that meets the highest global standards.”

About FUTURE

Website: [https://future.holdings]

Disclaimer

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS FOR BACKGROUND PURPOSES ONLY AND DOES NOT PURPORT TO BE FULL OR COMPLETE. NO RELIANCE MAY BE PLACED BY ANY PERSON FOR ANY PURPOSE ON THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT OR ITS ACCURACY, FAIRNESS OR COMPLETENESS. THIS INFORMATION DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES TO ANY PERSON IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN ANY JURISDICTION TO WHOM OR IN WHICH SUCH OFFER OR SOLICITATION IS UNLAWFUL. IT IS NOT BEING ISSUED IN COUNTRIES WHERE THE PUBLIC DISSEMINATION OF THE INFORMATION CONTAINED HEREIN MAY BE RESTRICTED OR PROHIBITED BY LAW. THIS INFORMATION IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THE DISTRIBUTION OF THIS ANNOUNCEMENT MAY BE RESTRICTED BY LAW IN CERTAIN JURISDICTIONS AND PERSONS INTO WHOSE POSSESSION ANY DOCUMENT OR OTHER INFORMATION REFERRED TO HEREIN COMES SHOULD INFORM THEMSELVES ABOUT AND OBSERVE SUCH RESTRICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THIS ANNOUNCEMENT MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, “FORWARD-LOOKING STATEMENTS”. FORWARD-LOOKING STATEMENTS MAY AND OFTEN DO DIFFER MATERIALLY FROM ACTUAL RESULTS. FUTURE HOLDINGS AG EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO UPDATE, REVIEW OR REVISE ANY FORWARD LOOKING STATEMENT CONTAINED IN THIS ANNOUNCEMENT WHETHER AS A RESULT OF NEW INFORMATION, FUTURE DEVELOPMENTS OR OTHERWISE. THIS PUBLICATION CONSTITUTES NEITHER A PROSPECTUS OR A SIMILAR COMMUNICATION WITHIN THE MEANING OF THE SWISS FINANCIAL SERVICES ACT OR UNDER ANY OTHER LAW.

Logo: https://mma.prnewswire.com/media/2813272/Future_Holdings_Logo.jpg

SOURCE Future Holdings AG

FUTURE – La principale Bitcoin Treasury Company de Suisse lève 28 millions CHF

ZURICH, 5 novembre 2025 — FUTURE (Future Holdings AG), la principale Bitcoin Treasury Company de Suisse, annonce aujourd’hui la clôture réussie de sa levée de fonds stratégique d’un montant de 28 millions CHF. Le tour de table a été mené par les investisseurs principaux Fulgur Ventures, Nakamoto et TOBAM, parmi les noms les plus établis reliant la finance traditionnelle et Bitcoin.

L’entreprise est dirigée par une équipe expérimentée combinant une expertise en Bitcoin, capital-risque, finance structurée et marchés des capitaux. La direction comprend Richard Byworth, Chairman et Managing Partner chez Syz Capital, ainsi que Sebastien Hess, CEO de FUTURE, entrepreneur et investisseur fintech et Bitcoin connu pour son implication chez Rocket Internet et Block Green (soutenu par Peter Thiel et Coinbase). Ils sont rejoints par les co-fondateurs Marc Syz (CEO de Syz Capital), Julian Liniger (CEO de Relai) et Adam Back (inventeur de Hashcash et CEO de Blockstream).

« Cette levée de fonds réunit des investisseurs de premier plan qui partagent notre conviction dans Bitcoin et dans la solidité de l’équipe que nous avons construite chez FUTURE », a déclaré Sebastien Hess, CEO de FUTURE. « Leur engagement reflète la confiance dans notre capacité d’exécution et dans notre vision de bâtir la principale Bitcoin Treasury Company d’Europe, une passerelle institutionnelle de confiance reliant Bitcoin au capital mondial grâce à la discipline financière, à la technologie et à une gouvernance transparente. »

« Notre positionnement stratégique dans l’un des principaux centres financiers d’Europe, avec un taux directeur de 0 % et un rendement de 0,12 % sur les obligations à dix ans, combiné à une équipe de Bitcoiners dotée de solides parcours financiers, crée un potentiel significatif pour une Bitcoin Treasury Company », a déclaré Richard Byworth, Chairman et co-fondateur de FUTURE. « La qualité des investisseurs de ce tour de table et l’intérêt marqué dans un environnement difficile soulignent la demande pour un BTCTC suisse et mettent en évidence la qualité de notre équipe soigneusement sélectionnée. »

Une plateforme institutionnelle axée sur le bilan

Le modèle économique de FUTURE repose sur un solide bilan en Bitcoin, qui constitue la base de toutes les activités de l’entreprise. Le modèle intégré de la société est conçu pour soutenir l’adoption institutionnelle de Bitcoin de bout en bout :

  • Treasury Operations : accumulation, conservation et gestion de Bitcoin en tant que base principale du bilan.
  • Research & Analytics : production d’analyses propriétaires, d’intelligence de marché et de tableaux de bord analytiques destinés aux investisseurs institutionnels.
  • Infrastructure & Platform : développement de solutions sécurisées et conformes d’infrastructure de trésorerie et de portefeuilles pour les opérations Bitcoin institutionnelles.
  • Advisory : prestation de services de conseil institutionnels et organisation du Future Bitcoin Forum 2026 en Suisse.

« La Suisse a une longue tradition d’innovation financière et de confiance », a déclaré Marc Syz, Vice-Chairman de FUTURE. « Il est temps pour le pays de poursuivre sur cette voie et de prendre le leadership dans Bitcoin en construisant une infrastructure institutionnelle conforme aux normes mondiales les plus élevées. »

À propos de FUTURE

Site web : [https://future.holdings]

Disclaimer

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS FOR BACKGROUND PURPOSES ONLY AND DOES NOT PURPORT TO BE FULL OR COMPLETE. NO RELIANCE MAY BE PLACED BY ANY PERSON FOR ANY PURPOSE ON THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT OR ITS ACCURACY, FAIRNESS OR COMPLETENESS. THIS INFORMATION DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES TO ANY PERSON IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN ANY JURISDICTION TO WHOM OR IN WHICH SUCH OFFER OR SOLICITATION IS UNLAWFUL. IT IS NOT BEING ISSUED IN COUNTRIES WHERE THE PUBLIC DISSEMINATION OF THE INFORMATION CONTAINED HEREIN MAY BE RESTRICTED OR PROHIBITED BY LAW. THIS INFORMATION IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THE DISTRIBUTION OF THIS ANNOUNCEMENT MAY BE RESTRICTED BY LAW IN CERTAIN JURISDICTIONS AND PERSONS INTO WHOSE POSSESSION ANY DOCUMENT OR OTHER INFORMATION REFERRED TO HEREIN COMES SHOULD INFORM THEMSELVES ABOUT AND OBSERVE SUCH RESTRICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THIS ANNOUNCEMENT MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, “FORWARD-LOOKING STATEMENTS”. FORWARD-LOOKING STATEMENTS MAY AND OFTEN DO DIFFER MATERIALLY FROM ACTUAL RESULTS. FUTURE HOLDINGS AG EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO UPDATE, REVIEW OR REVISE ANY FORWARD LOOKING STATEMENT CONTAINED IN THIS ANNOUNCEMENT WHETHER AS A RESULT OF NEW INFORMATION, FUTURE DEVELOPMENTS OR OTHERWISE. THIS PUBLICATION CONSTITUTES NEITHER A PROSPECTUS OR A SIMILAR COMMUNICATION WITHIN THE MEANING OF THE SWISS FINANCIAL SERVICES ACT OR UNDER ANY OTHER LAW.

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DataTribe Announces $3 Million Seed Investment in Rilevera

Rilevera enables security teams to write, test, document, and deploy cyber threat detection rules from a centralized, easy-to-use platform

FULTON, Md., Nov. 4, 2025 — DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and artificial intelligence (AI) companies, today announced a seed investment of $3 million in Rilevera, a New Jersey-based startup that empowers detection engineering teams to easily manage and maintain effective cyber threat detection by automating detection management workflows.

Modern cyber threats are evolving faster than traditional detection methods can identify.

Rilevera’s platform manages, deploys, and monitors detection rules to close coverage gaps and maintain operations without requiring any manual code writing. With a single click, security teams can download system health reports and automated coverage insights for a comprehensive overview of a security system’s performance and vulnerabilities.

Rilevera is already serving a growing number of customers in the fintech, financial services, and technology sectors.

“Traditional detection-as-code approaches centralize detection rules into a code repository with the intention of helping detection engineers manage the rules. But ultimately, it only burdens already exhausted security teams who are not developers and are ill-equipped to handle code,” said Andy Hunn, Partner, DataTribe. “Rilevera’s pioneering platform is formalizing the management and maintenance of the detection engineering process, giving security teams a complete diagnostic of their security operations.”

Rilevera was developed with input from leaders of more than 30 different organizations that voiced frustrations about insufficient detection rules that constantly break and omit critical threat coverage, burdening security teams with tedious and time-consuming maintenance.

Rilevera’s detection engineering at scale is purpose-built for security teams who need to detect, respond, and adapt to advanced threats. It offers:

  • Automated Detection Validation – Users know instantly whether a detection rule is actually working in production, and Rilevera automatically tests and re-tests detections using real data.
  • Change Control for Security Detections – Customers can apply version control to every detection, giving security teams a complete audit trail of what changed, who changed it, and whether it made things better or worse.
  • Detection Health Monitoring – Across all tools, Rilevera shows users which rules are firing, which are noisy, and which are silently broken.
  • AI-Powered Detection Tuning – Rilevera’s intelligence engine learns from users’ environment to optimize rule logic, reduce false positives, and close coverage gaps.
  • SIEM-Agnostic Normalization – Teams can create and manage detections centrally and then push them to any SIEM platform.
  • Zero-Friction Detection Onboarding – With Rilevera, detection engineers can turn ideas into tested, validated, documented detections fast.

“As a security practitioner turned entrepreneur, I know the pain points security teams face every day in trying to keep pace with evolving, relentless security threats,” said Ethan Smart, Co-Founder and CEO, Rilevera. “Rilevera transforms detection engineering from a guessing game to a system of record that makes security teams’ lives easier – not harder. We look forward to working with DataTribe to expand Rilevera’s operations and upend the detection engineering sector.”

Rilevera will use the seed money to expand and accelerate product development, hire new talent, and scale customer acquisition efforts. The funding will also support go-to-market strategies and other key operational initiatives as the company matures.

Rilevera joins an esteemed group of DataTribe portfolio companies that include Dragos, Strider, and BlackCloak. Earlier this year, the foundry closed a $41 million fund – its third in a decade.

For more information about DataTribe, please visit https://datatribe.com/. For more information about Rilevera, please visit https://rilevera.com/.

About DataTribe
DataTribe is a startup foundry that invests in and co-builds world-class startups focused on generational leaps in cybersecurity and data science. Founded by leading investors, startup veterans, and alumni of the U.S. intelligence community, DataTribe commits capital, in-kind services, access to an unparalleled network, and decades of professional expertise to give their companies an unfair advantage. DataTribe is headquartered in the Washington-Baltimore metro area in Fulton, Maryland. For more information, visit https://datatribe.com.

About Rilevera
Rilevera empowers security teams to easily manage and maintain effective threat detection by automating detection management workflows. We streamline the creation, deployment, and maintenance of detection rules, giving teams the power of developer-grade workflows in a simple, intuitive platform. To learn more, please visit https://rilevera.com/.

Media Contact:
Matthew Bowen
[email protected]

SOURCE DataTribe

COVE SODA® RAISES $15 MILLION USD SERIES A LED BY VANTERRA VENTURES TO RAPIDLY EXPAND DISTRIBUTION OF ITS FUNCTIONAL SODA

HALIFAX, NS, Nov. 4, 2025Cove Soda, a Canada-based functional carbonated soft drink (CSD) brand, today announced that the company has closed a $15 million USD Series A round led by Vanterra Ventures, a leading venture and growth equity fund known for backing high-growth consumer health companies. The round also includes investment from RiverPark Ventures, The Palm Tree Crew, Simple Food Ventures, Diplo, Miles Teller, The Chainsmokers, Michael Rubin, Dan Lourenco, Jack Eichel, Aaron Ekblad, Matt Chapman, and JD Martinez. This new funding will support the company’s continued rapid growth across North America, the introduction of new flavors, and the hiring of key talent.

Since launching its zero-sugar probiotic sodas in 2023, Cove has seen explosive growth across Canada and the U.S. where it can be found in over 7,000 retail doors including Costco, Target, Whole Foods Market, and Sprouts. Cove also recently announced a major distribution partnership with Keurig Dr. Pepper (KDP) Canada where KDP will use their expansive distribution network and strong retail relationships to accelerate Cove Soda’s market penetration even further.

“Cove represents the next wave of innovation in the $250 billion carbonated soft drink market,” said John MacLellan, Co-Founder & CEO at Cove. “Partnering with Vanterra Ventures marks an exciting step forward as we accelerate our momentum and bring our vision to life heading into 2026 and beyond.”

Cove was founded in Halifax, Nova Scotia, by brothers John and Ryan MacLellan who were seeking healthier everyday refreshments that reminded them of their childhood. Ryan, the Chief Innovation Officer with a background in physics, has meticulously crafted each flavor to most closely resemble the delicious, nostalgic flavors that consumers crave, while hitting on function. “Flavor is at the forefront of everything we do at Cove,” he said.

“At Vanterra, we seek out innovative companies disrupting massive markets within consumer health,” said Ellis Fried, Principal at Vanterra Ventures, who has joined Cove’s Board of Directors. “Cove is emblematic of that strategy as it brings the world’s first zero-sugar functional soda to market with delicious, nostalgic flavors, quickly winning over consumers across North America.”

Consumers can purchase Cove Soda on Amazon and at thousands of retailers across North America including Costco, Target, Whole Foods, and Sprouts. To stay up to date on the latest news and product launches, visit www.covedrinks.com and follow the brand on Instagram and TikTok.  

SOURCE Cove Drinks

AI impact measurement startup, Parable, raises $16.5 million

NYC-based business emerges from stealth, building the data layer that will drive AI transformation 

NEW YORK, Nov. 4, 2025 — Parable, the first intelligence layer for enterprise operations, has raised an $16.5 million Seed round, led by HOF Capital, with participation from Story Ventures and InMotion Ventures, alongside existing investors Lasagna, Panache, Supercharge, and Tripe Impact Capital. The round also included a number of renowned angel investors, including the founders of companies such as Hubspot, Vimeo, Deel, Ramp, and Superhuman. 

Parable, started by four second-time founders, is leading a category-defining moment. It provides large enterprises with deep organizational observability of time spent across all processes, strategies, and projects: passively understanding how teams use their time in order to drive organizational-wide AI transformation. 

AI is transforming enterprise operations, but these new tools are only as powerful as the data that guides them, and right now, there’s no data layer for measuring, managing, and maximizing operational efficiency, or AI’s impact at scale.

Parable is intelligence for enterprise operations. With Parable leaders can answer their two most important questions: What do we do about AI and how do we know it’s working? Parable contextualizes and categorizes activity data from across the workplace software stack. This data layer visualizes and quantifies how time is spent across operations and can simulate how to spend it more efficiently with AI. As agentic solutions are implemented, Parable is the canonical measurement system for every other AI tool in the company stack. They accomplish this through a continuous improvement process and AI product:

  • Establish Baseline: Parable’s AI quantifies and visualizes how an enterprise organization spends its time. This triages the most impactful use cases for AI.
  • Take Action: With expensive waste identified – take action in the form of AI automations and change management to effect the baseline.
  • Measure Impact: Parable is the only product on the market that can measure AI automations and ensure that efficiency gains are realized as genuine operating leverage.

Within a private instance, Parable ingests millions of activity data points from across the workplace stack, creating an ontology and chronology of organizational work. This queryable ontology powers a dashboard of data visualizations and reporting that decode how collective time is spent, and where it’s being lost.

Parable is already having real world impact. “This data is a gift. It’s one of the most insightful data packages I’ve received” says Mary Powell, the CEO at Sunrun. The platform identified $80 million in cost savings and operational leverage through AI transformation and organizational redesign. According to the company, those changes helped the client’s market cap grow 2.5×.

Adam Schwartz, CEO says: “We’ve built an intelligence layer that is changing the way enterprises operate. Businesses know more about their customers than they do about how they operate internally, and by providing holistic observability into time-spend and by measuring the impact of their AI implementations we can close this data gap for the first time.”

Hansae Catlett from HOF Capital says: “Every enterprise is racing to implement AI, yet most lack the baseline data to do it effectively. By unlocking a true understanding of how work happens, Parable enables organizations to embrace AI not as a bolt-on tool, but as a structural transformation that drives real efficiency gains. We see an enormous market opportunity here, and the Parable team is uniquely positioned to capture it.”

Headshots, logo, and visuals available upon request.

For more information email: [email protected]

SOURCE Parable

Ceres Raises $13 million to Accelerate AI for Agricultural Intelligence (‘AI for AI’), appoints first ever AI Board Member

Company to lean into massive structural opportunity on the back of the US-China deal

SAN FRANCISCO, Nov. 4, 2025 — Ceres AI, the data and artificial intelligence company transforming how the world understands agricultural and environmental risk, today announced new funding led by Remus Capital.

This investment strengthens Ceres AI’s ability to deliver industry-leading products for its blue-chip customer base that includes some of the world’s largest agribusiness and financial services companies. Ceres also plans to expand its Artificial Intelligence for Agricultural Intelligence (‘AI for AI’) platform, underpinned by data across 40 crop types, for its enterprise customers. The company has analyzed over 17 billion plant-level measurements across 32 million acres globally.

“Agriculture is entering its AI era,” said Ramsey Masri, CEO of Ceres AI. “Our goal is to help create the agricultural intelligence layer to enable faster and smarter decisions. We’re the only company that can help craft the future with our large financial services and agribusiness customers who trust us with this partnership. I’m excited to scale the most robust dataset in agriculture and deploy AI systems that deliver agricultural intelligence into the insurance, lending, and operational workflows across the value chain.”

As part of this transaction, John Tincoff, Partner at Remus Capital, will join the board and Remus will also appoint an AI agent, Arista, to the board.

We’re proud to continue our partnership with Ceres. In every industry, we see compelling opportunities to move toward the next industrial operating systems with many powered by machines that SAY, SEE, and DO to support human teams. Ceres has an unfair advantage to develop ‘AI for AI,’ said Tincoff.” 

“We’re also appointing the world’s first AI board member in one of our board seats at Ceres, which is aligned with our ethos to elevate what we can do as investors who work to help founders build great companies. We are looking forward to collaborating with Arista.”

“Appointing an AI board member is more than a symbolic gesture – it’s a functional and strategic step,” said Masri. “Arista will contribute data-backed input to elevate our leadership team’s decision-making and help us stay accountable.”

About Ceres AI

Ceres AI is a data and artificial-intelligence company delivering high-resolution insights that transform agricultural and financial decision-making. Its proprietary platform combines advanced imagery, AI analytics, and field-scale data to help agribusinesses, insurers, and lenders manage risk and improve outcomes.

Ceres AI is headquartered in San Francisco, California, with operations across North America, Europe, Latin America, and Australia. Learn more at www.ceres.ai.

About Remus Capital

Remus Capital is the leading partner to founders building Vertical AI businesses. Founded out of MIT, we have 15 years of experience commercializing machines that SAY-SEE-DO (Voice, Vision, Robotics) in each industry that powers our global economy.

Media Contact: Anubhav Sharma, [email protected]

SOURCE CeresAI