The company empowers architects and builders to go from plan to permit in days, not months—accelerating the construction of more affordable homes across the U.S.

PALO ALTO, Calif., Oct. 28, 2025 — Spacial, creator of an AI-powered platform automating residential engineering and permitting, announced a $10 million seed round led by TLV Partners, with participation from Mango Capital, Re Angels, and HTV. The investment will be used to accelerate AI development and expand its sales and customer success teams in order to scale adoption among architects, builders, and design professionals—all helping grow the company’s footprint in the trillion-dollar U.S. housing market, one of the least digitized sectors in the economy.

Since launching in 2024, Spacial’s booked revenue has grown by 300%, supporting more than 140 active projects across the U.S. The company has grown its team to over 20 employees, with headquarters in Palo Alto, CA, and an R&D center based in Tel Aviv.

Traditional residential construction remains slow, fragmented, and costly, plagued by manual drafting, redundant reviews, and long coordination cycles that inflate budgets and delay projects. Outdated planning workflows create inefficiencies and waste, leaving vast potential for AI-driven innovation to transform how homes are designed and built. Coordination problems endemic to home design account for up to 30% of project waste, while rework adds another 12% in costs.

As a result, producing permit-ready plans can take up to 27 weeks and costs on average $30,000 per project, making homeownership, long considered at the heart of the ‘American Dream,’ increasingly out of reach. These inefficiencies impact everyone in the process: Architects face creative bottlenecks, builders lose valuable time, engineers spend hours on repetitive tasks, and families endure rising costs and delays.

Spacial is transforming this process by developing a platform that automates the most time-consuming parts of engineering and permitting—developing dedicated AI models for residential construction plans which automatically convert 2D architectural drawings into detailed 3D, code-compliant structural and MEP (Mechanical, Electrical, and Plumbing) plans with built-in design conflict detection, automatic local code validation, and engineering oversight and approval. By combining AI precision with human oversight and streamlining the handoff between architects, engineers, and permitting authorities, Spacial shortens cycles, reduces risk and waste, and enables teams to build faster according to local code while improving building (and living) quality.

Spacial was co-founded by CEO Maor Greenberg, a real estate and construction executive with over 19 years of experience. He is the founder of Greenberg Group, a vertically integrated real estate company based in Palo Alto, encompassing development, construction, and architecture; and Chief Product Officer Ami Avrahami—a seasoned technology entrepreneur with more than 20 years of experience. He previously co-founded Reali, a real estate fintech company, and Veev, a prefab construction tech startup backed by top-tier investors. At Spacial, Maor and Ami combine deep domain and product expertise to lead the development of an AI-powered platform that simplifies and accelerates the design-to-permit workflow.

“The residential construction process has been stuck in the same slow, manual loop for decades,” said Maor Greenberg, Co-Founder and CEO of Spacial. “Spacial brings the art of AI automation to building—transforming how plans are engineered, coordinated, and approved. By eliminating obstacles and reducing costly errors, we’re giving builders and architects the control, speed, confidence, and time for creativity they need to deliver quality housing faster, while helping communities make homeownership more affordable.”

“We invest in teams that rethink how legacy industries operate, and Spacial is a prime example,” said Yonatan Mandelbaum, Partner at TLV Partners. “Spacial is taking one of the slowest, most fragmented parts of construction and turning it into a streamlined, connected, and scalable process. By doing so, they’re not just improving workflows, they’re redefining how homes get built.”

Spacial’s technology integrates directly with the tools architects and engineers already use, catching potential design conflicts (i.e., plumbing lines intersecting with structural beams) before submission. By resolving such issues early, Spacial helps reduce material waste and rework, contributing to greater sustainability and faster municipal approvals. The company is also partnering with local authorities to help streamline permit reviews, ensuring that plans are code-aligned from the get-go, reducing the back-and-forth revisions that slow development.

“Our mission is to future-proof the construction industry,” added Ami Avrahami, co-founder and Chief Product Officer at Spacial. “We’re building technology that connects design, engineering, and permitting in one seamless process, making residential construction smarter, faster, and more accessible for everyone.”

About Spacial

Spacial is an AI-powered engineering platform that delivers fast, accurate, and permit-ready structural and MEP plans for residential construction. The platform converts 2D architectural drawings into 3D, code-compliant construction documents with built-in design conflict detection, architectural detailing, and local code validation. Every plan undergoes a thorough evaluation and professional approval by licensed engineers to meet permitting standards. Architects, builders, and developers rely on Spacial to reduce delays, lower costs, and streamline the path from design to permit. With over 140 active projects across the U.S., Spacial is redefining how residential projects get built. Visit https://spacial.io for more information.

Media Contact
Justine Rosin
Headline Media
Email: [email protected]
Phone: US:+1 917 724 2176

SOURCE Spacial

• DRUO is a global direct-debit payment network enabling businesses to accept payments directly from bank accounts.
• The company connects 10,000 financial institutions and services almost 1 million users in the United States and Latin America.
• The seed round led by Global PayTech Ventures positions DRUO to expand to over 30 countries in 2026 and drive further user adoption.

MIAMI, Oct. 28, 2025 — Global direct-debit payment method DRUO has secured seed funding to scale its global proprietary network and increase service availability for more merchants and end users. The round was led by Global PayTech Ventures (GPT) and marks a milestone moment in DRUO’s rapid growth, positioning the Miami-based powerhouse to expand its network to several countries in 2026.

Despite modern innovation, the global payments infrastructure still relies on complex, 50-year-old systems. With up to 12 intermediaries involved in every transaction, individuals and businesses are forced to give up 3–5% of their revenue in fees while navigating fraud risks and operational friction. But the real cost is exclusion: Complexity and fees limit access to the global payment system for billions of businesses and consumers.

DRUO’s proprietary global debit network enables businesses to accept payments directly from bank accounts, even internationally. By connecting directly with financial institutions, this new infrastructure substantially reduces transaction costs to 0.5%, improves fraud protection by up to 25x compared to traditional pull payment systems, and expands coverage to any customer with a bank account.

“We’re giving the world a radically better way for businesses to accept payments,” says DRUO CEO Alejandro Pinzon. “We removed almost a dozen middlemen and built a new system to replace an antiquated process. DRUO gives merchants what they never had — secure, near-free payments. It now works with more than 1 billion bank accounts.”

DRUO is already the preferred payment method for almost 1 million end users across several countries including the United States, Mexico, Colombia, and Peru. Its proprietary network enables direct charges to more than 1 billion bank accounts across approximately 10,000 financial institutions. In September, DRUO reached approximately $294 million USD in total transaction volume processed since its 2022 launch, including $57.8 million USD in Q3 2025 alone, representing 188% year-over-year growth.

The growing demand for DRUO is rooted in its breakthrough solution to a fundamental gap in the global payments system: The ability to charge any bank account directly, even internationally. Although this capability should be elemental, it hasn’t previously been available at scale. DRUO is the first to make global direct-debit payments a reality. By cutting fees, fraud, and complexity out of the equation, DRUO is making businesses more profitable overnight.

DRUO’s commitment to driving economic growth by evolving the payments acceptance market  — along with its planned global expansion — recently captured the attention of Global Paytech Ventures, which led the seed round.

“DRUO’s direct-debit network creates a new category in the global payments system,” says Javier Perez, Founder and Managing Partner of GPT and former President of Mastercard Europe and Latin America. “By eliminating the friction associated with charging bank accounts directly, DRUO reduces the complexity and cost of accepting payments. DRUO’s end-to-end network powers every step of the payment journey, ensuring safer and faster transactions for all. The brilliance of DRUO lies in its utter simplicity: Direct, secure access to the source of funds.”

DRUO is expected to be available in Europe in 2026 as it continues expanding its global network. The seed funding will primarily be invested in building out DRUO’s global infrastructure and accelerating access to DRUO for both merchants and consumers. “Partnering with GPT is both an enabler and a validation of our vision to redefine global payments. Their paytech ecosystem expertise and global reach make them the perfect partner for this next stage,” says Alejandro Pinzon.

About DRUO

DRUO is a direct-debit payment method that enables businesses to get paid directly from bank accounts. The company’s proprietary international debit network allows merchants to accept payments from 3x more customers while substantially reducing incurred fees and fraud risk. DRUO is creating the backbone of a new, inclusive financial ecosystem that’s built for driving global commerce.

About Global Paytech Ventures

Global PayTech Ventures (GPT) is a venture capital firm focused on groundbreaking paytech platforms with global potential. Founded and led by Javier Perez, former President of Mastercard Europe and Latin America, along with his sons Daniel and Kristofer Perez, GPT brings unparalleled industry expertise and a powerful network to help next-generation payment companies scale worldwide.

Press contact
Melissa Zehner
949.639.9547
[email protected]

SOURCE DRUO

NEW YORK, Oct. 28, 2025 — Myriad Venture Partners, an early-stage venture firm defining the future of business solutions, today announced the appointment of Sarah Adams as Partner & Head of Platform. In this role, Sarah will scale Myriad’s portfolio value creation functions and corporate partner networks, deepening the firm’s commitment to its differentiated investment approach of connecting best in class founders and startups with Fortune 1000 enterprises.

Myriad has built a reputation for partnering with visionary founders building category-defining companies, leveraging decades of expertise and a deep network of corporate and financial partners to drive critical early traction, and then scale growth. The new Head of Platform role marks a key milestone in advancing the Myriad Model—the firm’s approach to pairing formative capital with powerful enterprise partnerships that help founders scale faster, while also providing enterprises with tech-forward partnerships that drive long term profitable growth. The appointment comes amid a wave of transformation in AI, infrastructure, and enterprise software, as breakthrough technologies redefine how businesses operate and compete.

Sarah Adams Joins Myriad as Head of Platform

“I’m thrilled to join Myriad Venture Partners and help scale the firm’s distinctive approach to founder and corporate partnerships,” said Sarah Adams, new Head of Platform at Myriad Venture Partners. “After 15 years across investing, operating, and advisory roles, I’ve seen that the best outcomes happen when investors bring more than capital—they bring strategic insight, ecosystem access, and operational rigor. Myriad’s commitment to hands-on value creation and its strong network of partners align perfectly with my belief that venture capital is about connecting the right people, knowledge, and resources to build lasting companies.”

Based in New York, Sarah will lead Myriad’s platform strategy, deepening relationships across the ecosystem, while working alongside portfolio founders and executive teams on enterprise ecosystem development, go-to-market excellence, talent infrastructure, and strategic partnerships.

“Sarah brings a rare blend of investment acumen and operational execution that perfectly embodies what we believe about modern venture capital,” said Chris Fisher, Founder & Managing Partner at Myriad Venture Partners. “She has been an investor, an operator, a strategist, and a founder. She understands the messy, non-linear reality of scaling a company because she’s lived it. Her appointment reflects our conviction that platform capabilities are not support functions, but a core advantage for our portfolio and for Myriad as a partner of choice.”

A seasoned investor-operator, Sarah brings more than 15 years of experience at the intersection of venture capital, private equity, and enterprise technology. She has built and scaled new business functions inside Fortune 500s, advised startups on growth and commercialization, and developed global networks connecting founders, investors, and corporate leaders to accelerate innovation. Sarah joins Myriad after founding Cribstone Ventures, an angel investment platform focused on frontier technologies across AI, enterprise software, cloud infrastructure, and verticalized applications. She was previously a Principal at Consello, advising Fortune 500 C-suites on strategic M&A and value creation initiatives, including Cisco’s $28 billion acquisition of Splunk.

Sarah’s earlier roles include building and scaling Microsoft’s first operating group focused on private equity and venture capital strategy, where she advised portfolio companies of top-tier funds on go-to-market, cloud transformation, and growth strategy. She also held investment and platform positions at Goldman Sachs, JLL Partners, and Duke Capital Partners. Sarah began her career as an operator at an early-stage enterprise SaaS startup in China.

Sarah earned her Master of Business Administration from Duke University’s Fuqua School of Business and a Bachelor of Arts degree in History and Economics from Bowdoin College.

About Myriad Venture Partners

Myriad Venture Partners is an early-stage venture firm defining the future of business solutions. Investing in visionary AI, B2B software, and industrial transformation leaders, Myriad brings decades of expertise and a robust corporate and financial partnership network. By connecting entrepreneurs, corporate partners, industry leaders, and co-investors, Myriad is changing the ways businesses operate, compete, and create value. The firm is based in New York with portfolio companies across North America and Europe.

For more information, visit www.myriadventures.com.

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SOURCE Myriad Venture Partners

• Karen Baxter , former VP & GM at Dexcom with deep expertise in diabetes device commercialization across Europe, joins as SVP Sales , Europe
• Jay Little, leader from Medtronic Diabetes, appointed VP Strategy & Business Development
• Team expansion will drive growth strategy, market development, and partnerships for scalable expansion to accelerate Kaleido’s growth across European markets

UTRECHT, Netherlands, Oct. 28, 2025 — ViCentra, a European medical device company redefining insulin delivery for people with diabetes with the Kaleido insulin patch pump system, today announced two strategic senior leadership appointments following the company’s recent $85 million Series D financing. Karen Baxter, former Vice President & General Manager at Dexcom, joins as Senior Vice President of Sales, Europe, and Jay Little, a long-time commercialization and market access executive at Medtronic Diabetes, takes on the newly created role of Vice President of Strategy & Business Development.

Together, they bring nearly 40 years of experience commercializing diabetes medical devices, further strengthening ViCentra’s leadership team. With fresh capital fueling its next phase of growth, ViCentra is strategically investing in talent, market expansion, and commercial infrastructure to accelerate the reach of its Kaleido insulin patch pump across Europe and into new markets, ultimately improving outcomes for people living with diabetes.

“These are transformative additions to our leadership team,” said Tom Arnold, Chief Executive Officer of ViCentra. “Karen brings an exceptional track record of scaling category-defining diabetes businesses across Europe through both direct sales as well as distributors. Jay adds deep strategic expertise in partnerships, reimbursement, and commercial execution. With their leadership, ViCentra is well-positioned to bring the Kaleido experience to more people living with diabetes.”

With nearly two decades of commercial experience in European diabetes markets, Karen Baxter joins ViCentra after nine years at Dexcom, where she served as VP & GM for Northern Europe and select international markets. She launched and scaled Dexcom’s UK & Ireland business to more than $200 million in annual revenue, built a commercial team of 250+, and helped deliver more than $1 billion in cumulative regional sales. Karen brings deep expertise in market entry, reimbursement, and commercial execution across Europe’s diverse healthcare systems.

“I am thrilled to join ViCentra at such a pivotal stage in its growth,” commented Karen Baxter, Senior Vice President of Sales, Europe. “Kaleido’s user-centered design and lifestyle-first approach truly sets it apart, offering people with diabetes greater freedom, comfort, and discretion in their insulin therapy. I am excited to collaborate with our teams and clinical partners to expand access, drive adoption, and bring this premium, life-enhancing experience to more people across Europe.”

With deep experience in strategic growth, market access, and partnerships, Jay Little joins ViCentra as Vice President of Strategy & Business Development. He brings 18 years of U.S. leadership experience from Medtronic Diabetes, where he led payer strategy, value-based care initiatives, and large-scale commercial partnerships. His expertise spans reimbursement and access strategy for new product launches, enterprise-level contracting, and cross-functional commercialization, all critical to navigating complex healthcare systems and driving sustainable market expansion.

At ViCentra, Jay will be responsible for corporate strategy and business development, with a mandate to support long-term scalability, commercial readiness, and strategic partnerships. His focus will include building strategic alliances, optimizing market development pathways, and advancing ViCentra’s broader growth ambitions.

“ViCentra distinguishes itself through a compelling fusion of design, precision, and purpose. The momentum behind Kaleido is both strong and growing, underscoring its potential to reshape diabetes care,” remarked Jay Little, Vice President of Strategy & Business Development. “Throughout my career, I have been committed to expanding access to diabetes technology that truly improves lives. This is the right team and the right time to make a bigger impact. I am excited to build the partnerships and strategies needed to bring Kaleido’s innovative, user-centered insulin delivery to more people.”

With strong new leadership and fresh capital, ViCentra is primed to accelerate the expansion of Kaleido across Europe and into new markets. These strategic moves mark a major step forward in the company’s mission to transform diabetes care through innovative, user-centered technology.

About Kaleido

Kaleido is redefining the category of wearable insulin delivery as the first insulin patch pump designed with the form, function, and simplicity of a lifestyle product. Compact, featherlight, and discreet, Kaleido is designed with a focus on personal technology rather than a traditional medical device. It is made from premium materials and features customizable aluminum shells in ten color options, enabling self-expression, not just glycemic control. It offers users flexibility in how and where they wear their pump, allowing people with diabetes to manage their therapy in a way that fits seamlessly into their daily lives.

It is the smallest, lightest, most precise insulin patch pump in its class—delivering advanced, automated insulin therapy through seamless integration with Diabeloop’s clinically validated hybrid closed loop algorithms, DBLG1 and DBLG2.

About ViCentra

ViCentra is on a mission to improve life with diabetes through empathetic innovation, simplicity, and design excellence. The company develops and manufactures the Kaleido insulin patch pump system, a flexible, discreet, and beautifully crafted alternative to traditional insulin pumps. Headquartered in Utrecht, the Netherlands, ViCentra is commercially expanding across Europe and preparing for U.S. market entry. Its investors include Innovation Industries, Partners in Equity, Invest-NL, EQT Life Sciences, Health Innovations, and INKEF. More information about ViCentra can be found at www.hellokaleido.com

SOURCE ViCentra

RIVERSIDE, Calif., Oct. 27, 2025 — A new endowment is set to secure the future of the construction management program at California Baptist University, providing steady funding to support growth and long-term success.

James and Barbara Knuppe have committed $2 million to the program, which will be named in their honor. Through its endowment matching initiative, CBU will double the impact of their gift, creating a $4 million endowment. 

“I am deeply grateful to Jim and Bobbie for their enduring friendship, their continued generosity, and the significant role they’ve played in advancing CBU’s mission,” said Dr. Ronald L. Ellis, president of CBU.

James Knuppe, a housing and mini-storage developer, and his wife are longtime supporters of CBU.

“God opened the door to make a gift,” he said. “I’m just a steward of this money, and I’ll use it as He directs.”

The gift is the largest commitment to the construction management program, said Dr. Phil van Haaster, dean of the Gordon and Jill Bourns College of Engineering.

“The naming of the H. James and Barbara Knuppe Construction Management Program is a fitting tribute,” van Haaster said. “It represents not only the Knuppe’s extraordinary generosity, but also their enduring belief in the power of Christian higher education to transform lives and professions.”

Paul Eldridge, vice president for University Advancement, said the gift will benefit generations of students.

“Jim and Bobbie Knuppe have long been pillars of support for California Baptist University,” Eldridge said. “From investing in scholarships to advancing new initiatives, their legacy is woven into the fabric of this campus.”

Over the years, the Knuppes have given more than $4 million to areas across campus, including the College of Nursing, the School of Business, the aviation science program and endowed scholarships. The CBU prayer chapel in the Eugene and Billie Yeager Center is named in their honor. The Knuppes have a number of grandchildren who are CBU alumni.

About California Baptist University
Founded in 1950, California Baptist University is a top Christian university on the west coast. CBU offers more than 108 bachelor’s programs, 41 graduate programs and nine doctoral programs. Affiliated with the California Southern Baptist Convention, CBU is a member of the Council for Christian Colleges and Universities, the Association of Independent California Colleges and Universities and the International Association of Baptist Colleges and Universities.

SOURCE California Baptist University

New 24-month terms make it easier for business owners to plan ahead, invest in equipment, and expand with confidence.

HOLLYWOOD, Fla., Oct. 27, 2025 — Delta Capital Group Inc., a leading provider of small-business financing solutions, has announced expanded funding programs with repayment terms now available for up to 24 months.

This expansion gives business owners more flexibility to manage cash flow, invest in growth, and plan long-term—while still benefiting from Delta Capital’s hallmark same-day approval and funding process.

“Not every business grows on a 90-day cycle,” said Benjamin Miller, Senior Funding Director at Delta Capital Group. “Our new 24-month terms allow owners to pursue larger opportunities with confidence and stability.”

Delta Capital’s expanded programs cover Term Loans, Lines of Credit, Equipment Financing, SBA-style options, and MCA programs, designed to serve industries such as healthcare, construction, logistics, retail, and professional services.

With an A+ rating from the Better Business Bureau, Delta Capital Group continues to combine technology-driven underwriting with personalized support to deliver fast, reliable funding to small and mid-sized businesses nationwide.

Business owners can apply at DeltaCapitalGroup.com or contact a funding specialist at 888-213-7118.

About Delta Capital Group Inc.

Delta Capital Group is a national small-business funding provider headquartered in Hollywood, Florida. The company offers same-day approvals and flexible financing solutions to help entrepreneurs grow and thrive.

Media Contact:
[email protected] | (888) 213-7118
https://DeltaCapitalGroup.com

Photo(s):
https://www.prlog.org/13107327

Press release distributed by PRLog

SOURCE Delta Capital Group Inc.

NEW YORK, Oct. 27, 2025 — Good Springs Capital LP (“Good Springs”), a private investment firm focused on partnering with founders, families, and entrepreneurial management teams in the industrial and services sectors, today announced that entities managed by Good Springs have completed an investment in Falasca Mechanical, LLC (“Falasca Mechanical”).

Headquartered in Vineland, New Jersey and founded in 1998, Falasca Mechanical is a provider of heating, ventilation, air conditioning, and plumbing services to education, health care, and other commercial and industrial markets. The company prides itself on executing time-sensitive retrofit, new installation, and repair services for critical applications, with a leading regional presence in southern New Jersey and southeastern Pennsylvania.

David Van Geyzel, Managing Partner of Good Springs, stated, “The Falasca family, supported by a highly talented union workforce, has built an exceptional company with a well-earned reputation for solid execution and outstanding customer service. We are proud to partner with Dan and Danny Falasca and, together with them, look forward to building on the company’s already impressive track record.”

Dan Falasca, President of Falasca Mechanical, commented, “I would like to thank all of our employees for their dedication and hard work in helping build this company over the years. I am excited about the opportunities that will arise from our new partnership with Good Springs and am particularly happy that we have found a firm that shares the same values that have driven us since my father started in the business decades ago: integrity, efficiency, and an unwavering commitment to top-rate standards of service.”

The company’s Vice President, Danny Falasca, added, “The investment by Good Springs is an important milestone in our company history that will help facilitate an eventual 3^rd generation transition. We are eager to partner with the team at Good Springs, a firm with deep experience assisting owner-operators in further scaling family businesses like ours.”

Udi Toledano, Managing Partner of Good Springs, commented, “As with Good Springs’ other transactions, Falasca Mechanical’s senior team, headed by Dan and Danny, will continue to lead the company and day-to-day operations will not be impacted by our investment. In addition, with the backing of Good Springs, we believe the company’s growth has the potential to accelerate through ongoing internal initiatives and the pursuit of strategic add-on acquisitions.”

Valufinder Group, Inc. acted as buyside intermediary and Ballard Spahr LLP acted as legal counsel to Good Springs. Hyland Levin Shapiro LLP acted as legal counsel to Falasca Mechanical.

About Falasca Mechanical

Founded in 1998 and headquartered in Vineland, New Jersey, Falasca Mechanical is a leading regional mechanical and plumbing contractor serving the education, health care, and commercial & industrial end markets. Falasca focuses on highly complex public and private projects, including university buildings, medical centers, power & energy plants, casinos, and industrial manufacturing environments. With a team of over 400 employees, including over 350 skilled union tradespeople, Falasca Mechanical has grown to be one of the Delaware Valley’s premier solutions providers for mechanical installation, construction, and repair & maintenance. For more information about Falasca, please visit www.falascamechanical.com.

About Good Springs Capital

Good Springs, based in New York, NY, is a private investment firm that partners with founders, families, and entrepreneurial management teams leading middle-market companies in the industrial and services sectors. The firm was founded in 2023 through a strategic partnership with The Chickasaw Nation and to date has made investments in Kimbel Mechanical Systems, Tectonic Engineering, and Falasca Mechanical. Guided by a long-term perspective, Good Springs focuses on building strong partnerships with talented management teams and supports them in achieving their next phase of growth through the disciplined application of the Good Springs Growth System. For additional information about Good Springs, please visit www.goodspringscap.com.

CONTACT: Kristina Floyd, [email protected]

SOURCE Good Springs Capital LP

ST. LOUIS, Oct. 27, 2025 — Plastomics, a cutting-edge leader in agricultural biotechnology, recently announced the successful initial close of its Series B funding round. The company secured $5.8 million to fuel the next wave of innovation in crop science.

Participating in this round are Fulcrum Global Capital, Lewis & Clark Partners, Skull Diamond and Heart Capital, Missouri Technology Corporation, BioGenerator Ventures, and other premier ag-focused investors, signifying strong momentum and broad support for Plastomics’ pioneering chloroplast engineering technology.

“We’re thrilled to support Plastomics as they pioneer chloroplast-based trait delivery and set a new standard in agricultural biotechnology in general,” said John Peryam, Co-Founder & Managing Partner at Fulcrum Global Capital. “The company’s world-class team is working to transform the way traits are introduced into crops, accelerating development of varieties that are more resilient, productive, and sustainable.”

Plastomics’ proprietary chloroplast engineering platform offers several game-changing advantages over conventional gene delivery, including:

• No Pollen Outcrossing: Chloroplasts are not transmitted through pollen, eliminating the risk of outcrossing to non-transgenic plants or weedy species.
• Maternal Inheritance: Chloroplast traits are maternally inherited, greatly simplifying trait introgression in commercial breeding pipelines and decreasing time to market for next generation trait products.
• Higher Expression & Durability: High trait expression in chloroplasts is the key to enabling more efficacious and durable insect resistance traits that have failed using older nuclear transgenic technology.
• Precision & Predictability: Plastomics’ chloroplast engineering process allows for precise and predictable trait insertion, de-risking trait product development through avoidance of unintended effects as seen in many transgenic nuclear technologies.

This infusion of capital empowers Plastomics to accelerate the development of the world’s first transgenic traits in the chloroplasts of corn — marking an industry milestone following the company’s commercial breakthrough in soybean chloroplast transformation. Over the next 12 to 24 months, Plastomics’ advanced chloroplast trait delivery platform for soybeans will enter its final commercial phase with upcoming field trials. This milestone will unlock superior insect and herbicide protection for growers.

“This investment is a powerful validation of our technology and vision,” said Tania Seger, CEO of Plastomics. “In a challenging economic climate, raising close to $6 million from top-tier ag-focused investors speaks volumes about their belief in our ability to deliver the first-ever transgenic traits in the chloroplasts of corn.”

Learn more: https://plastomics.com/

SOURCE Plastomics

WALNUT CREEK, Calif., Oct. 27, 2025 — Insignia Capital Group (“Insignia”), a growth-oriented private equity firm, today announced the closing of its newest fund with over $500 million in total capital commitments. The fund was oversubscribed, surpassing its $375 million target and closing at its hard cap, with strong participation from existing limited partners and the addition of a small number of new investors.

“Achieving this outcome in a challenging fundraising environment is a privilege and an affirmation of our strategy and the trust our limited partners place in us,” said David Lowe, Managing Partner at Insignia. “Closing the fund is only the beginning—we recognize the significant responsibility we have to the foundations, endowments, pension plans and investors that have entrusted us to deliver strong performance on behalf of their beneficiaries,” added Tony Broglio, Managing Partner at Insignia.

Consistent with prior funds, the new fund will pursue control and influential minority investments in North American companies within the tech-enabled business services and consumable products industries. Insignia partners with founders and management teams to accelerate growth organically and through strategic M&A.

Kirkland & Ellis LLP acted as legal counsel and M2O Private Fund Advisors served as placement agent.

About Insignia Capital Group
Insignia Capital Group is a growth-oriented private equity firm focused on building world-class companies in the consumer and business services sectors. We partner with company founders and their teams to help drive growth and achieve true business potential.

SOURCE Insignia Capital Group