Bernstein Private Wealth Management Unveils Nonprofit Financial Health Assessment Tool to Strengthen Financial Resilience

―New in-house digital tool helps nonprofits and their stakeholders evaluate the organization’s financial health, identify areas of strength and risk, and inform strategic planning―

NEW YORK, Sept. 23, 2026 — Bernstein Private Wealth Management (Bernstein), a unit of AllianceBernstein L.P. (NYSE: AB), today announced the launch of its Nonprofit Financial Health Assessment tool, an in-house digital resource that helps nonprofits evaluate their financial health and strengthen communication with stakeholders. The tool will be available through Bernstein Advisors on September 23rd, coinciding with Bernstein’s Foundation and Institutional Advisory Forum, a two-day event convening a select group of successful nonprofit and philanthropic leaders.

The Nonprofit Financial Health Assessment tool provides nonprofits and their boards a structured way to evaluate financial health, identify strengths and risks, inform planning, and ultimately open the door to more transparency with stakeholders. It evaluates six quantitative metrics: administrative ratio, operating surplus as a percentage of assets, months of spending, primary reserve ratio, debt margin, and debt service coverage ratio, using national nonprofit benchmarks tailored to organizations of similar sizes. The tool also considers three somewhat harder to quantify factors: revenue diversification, endowment strategy, and board governance. The resulting assessment helps leaders identify strengths, vulnerabilities, and priorities – and communicate their sustainability with donors.

“This launch equips our advisors with digital tools and resources that help them better serve nonprofit and philanthropic clients,” said Rick Meyers, Executive Managing Director and Head of Client and Advisory at Bernstein. “Nonprofit leaders, their boards, and the donors investing in those organizations, are navigating legislative and economic uncertainty with limited resources and growing scrutiny. A shared framework gives advisors a clearer way to help boards evaluate trade-offs and plan with confidence.”

The Nonprofit Financial Health Assessment tool further complements Bernstein’s existing Reserves Analysis Tool, which helps nonprofit boards evaluate appropriate cash reserve levels based on revenue, spending, timing, and borrowing risks. Together, they offer boards a fuller view of financial resilience: the Reserves Analysis Tool supports forward-looking reserve decisions, while the Nonprofit Financial Health Assessment offers a broader diagnostic across operations, liquidity, debt management, revenue diversification, endowment readiness, and board governance.

“The nonprofit and philanthropic sector is becoming increasingly complex, and leaders are looking for sophisticated but simple analytical tools to inform decision-making,” said Marisa Swystun, Senior National Director of Bernstein’s Foundation and Institutional Advisory practice. “This resource gives nonprofits, their donors, and Bernstein Advisors a clearer, shared view of long-term financial sustainability.”

This launch is informed by Bernstein’s latest research, Measuring the Financial Health of Mid-Sized Nonprofits, conducted with Indiana University’s Lilly Family School of Philanthropy. The research analyzed data from more than 800,000 IRS Form 990s, reviewed existing academic literature, and conducted seven in-depth case studies to identify best practices. The result is benchmarked nonprofit reporting that serves as a strong evaluation and stewardship resource.

For nearly 60 years, Bernstein has taken a holistic approach to advising nonprofits, private foundations, philanthropists and board leaders on investment management, planning, and specific needs. Its Foundation and Institutional Advisory team supports more than 1,000 organizations nationwide with expertise, research, and custom tools for fundraising, governance, operations, and long-term planning. Bernstein manages $167 billion in assets under management as of June 30, 2026.

About Bernstein Private Wealth Management
Bernstein Private Wealth Management (Bernstein) advises ultrahigh- and high-net-worth clients on planning and living with the complexities that come with significant wealth. Bernstein is distinguished among major wealth managers for its expertise in navigating life transitions through a holistic approach. A flexible process paired with innovative research, sophisticated modeling, and cutting-edge investment solutions also set Bernstein apart. It operates as a business unit of AllianceBernstein (AB), a leading global investment management firm that offers diversified investment services to institutional investors, individuals, and private wealth clients with over $909 billion in assets under management as of July 31, 2026. AB is a subsidiary of Equitable Holdings, Inc. (EQH), a leading financial services holding company that comprises well-established and complementary businesses.

Media Contact: 
Katrina Clay
Bernstein Private Wealth Management
[email protected]
212-969-6365

SOURCE Bernstein Private Wealth Management

NG.CASH Raises $15 Million to Expand Credit and Financial Access for Brazil’s Next Generation

Blockchain Capital leads strategic investment, bringing total funding raised since its 2021 founding to over $65 million

SÃO PAULO, Sept. 23, 2026 — NG.CASH, a Brazilian fintech rooted in the creator economy and built for a new generation’s relationship with money, today announced a $15 million strategic investment led by Blockchain Capital, bringing the company’s total funding raised since its 2021 founding to over $65 million.

NG.CASH, in 2021, started as an offshoot of a YouTube channel with 10 million subscribers, which has since grown to 20 million, and has grown into a platform serving more than 10 million users. The round comes as leading venture firms increasingly look to de-risk from an oversaturated U.S. market by backing category-defining companies in large international markets like Brazil.

“Millions of young Brazilians have grown up without a financial platform built for the way they actually live and bank,” said Mario Augusto Sá, NG.CASH’s CEO and Co-founder. “Blockchain Capital’s investment confirms NG.CASH is becoming that platform, the company building what comes next as money itself evolves in Brazil.”

NG.CASH’s core users come from middle- and lower-income households across Brazil, many from families where parents have never had a bank account of their own. For a lot of these users, NG.CASH is the first financial account anyone in the family has opened.

The company holds two Central Bank of Brazil licenses, a direct credit society license and a payment institution license. It has a Virtual Asset Service Provider (VASP) license application in process, giving it a regulatory foundation few can match. NG.CASH has grown to more than 10 million accounts since its 2021 founding, with billions of dollars already transacted on the platform. Credit products including Crédito CLT and Pix Crédito are driving that growth, and the company is targeting BRL 1 billion (nearly $200M USD) in credit originated by 2027.

“We’ve spent years looking outside the U.S. for the next generation of category-defining fintech companies,” said Kinjal Shah, General Partner at Blockchain Capital. “Brazil is exactly the kind of market we believe will produce them. NG.CASH has already proven it can build and scale a business young Brazilians actually use, and that’s why exactly why we wanted to invest.”

NG.CASH’s own history as a mass-market distributor, born from a YouTube channel and grown into a large financial platform, positions it to become one of the first movers on stablecoin and crypto adoption at scale in Brazil.

For more information about NG.CASH, visit www.ng.cash.

About NG.CASH

NG.CASH is a Brazilian fintech building the future of financial experiences through innovation, technology, and digital culture. Founded in 2021, the company was created to transform how a new generation connects with money by combining intuitive design, world-class technology, and a deeply digital-native approach. Originally rooted in the creator economy, NG.CASH has evolved into a robust financial ecosystem that supports users from their first steps toward financial independence to more advanced solutions such as investments and credit, reinforcing its position at the forefront of the next era of digital finance in Brazil.

Contact: [email protected]

SOURCE NG.CASH

Basecamp Research raises $140M to advance AI-designed therapeutics

  • Oversubscribed Series C led by S32 with backing from NVIDIA and others
  • Funding will advance a pipeline of EDEN-designed therapeutics, starting with in vivo cell therapy, and expand pharmaceutical partnerships
  • The company has demonstrated strong preclinical results across multiple modalities and disease areas

LONDON and BOSTON, Sept. 23, 2026 — Basecamp Research, a frontier AI company developing AI-designed medicines, today announced a $140M Series C financing to train a new generation of EDEN models and advance a pipeline of AI-designed therapeutics towards clinical development.

Basecamp’s ambition is to develop cures for diseases that remain incurable by designing medicines that reprogram the body to repair itself. The company combines frontier AI models trained on proprietary biological data with technology for writing DNA sequences into cells.

“We believe the future of medicine lies in reprogramming the body to repair itself. We design the models and the medicines to teach it how,” said Glen Gowers, co-founder and CEO of Basecamp Research. “AI-based approaches promise to change what’s possible for patients who currently have few alternatives. This funding brings this technology closer to those who need it most.”

The oversubscribed round was led by S32, with participation from Anthropic’s Anthology Fund, Catalio Capital Management, European Tech Collective, Firebrand River Capital, Inception Fund, King Philanthropies, NATO Innovation Fund, NVIDIA, PostScriptum, Redalpine, The Rockefeller Foundation, Singular, Sovereign AI and True Ventures.

Additional investment comes from senior leaders from across pharma, biotech, and global industry, including André Hoffmann, Vice-Chairman of Roche, who said: “The biotechnology revolution that began fifty years ago transformed how we make medicines. Personalised, AI-designed therapeutics represent the next transformation of that journey. Basecamp Research has built the full platform to deliver it, from biological data to trained models to designed therapies. This will be key in helping the industry to continue to innovate.”

Applying EDEN to develop new therapies

Basecamp Research is applying EDEN, its biological foundation model, to in vivo cell therapy – reprogramming a patient’s cells inside the body. Today’s cell therapies are limited both in the complexity of what they can deliver and by a manufacturing process that costs hundreds of thousands of dollars per patient.

By pairing EDEN’s ability to design long and complex DNA sequences with large serine recombinases that can precisely integrate them into the genome, Basecamp’s platform aims to underpin the future of cell therapies, making them more sophisticated, more customisable and simpler to administer. This has the potential to transform how we treat cancer, autoimmune disease, and more.

The company has demonstrated strong preclinical results across multiple modalities and disease areas. To expand its pharmaceutical partnerships, Basecamp has appointed Richard Pearce, formerly of Biogen, as Chief Business Officer.

Andy Conrad, General Partner at S32 and former CEO of Google’s Verily, who joins the Board of Directors, said: “AI is opening up new possibilities across every part of society, but perhaps nowhere is the potential more meaningful than in human health. The ability to combine AI, biological data and scientific insight could transform how we understand disease, discover medicines and ultimately improve and extend people’s lives. Basecamp Research is building an important technology platform at the center of that opportunity.”

The AI and data powering Basecamp Research’s therapies

At the centre of Basecamp Research’s AI platform is the Trillion Gene Atlas, the world’s largest proprietary biological AI training dataset. Built with partners including NVIDIA, Anthropic, PacBio and Ultima Genomics, the Atlas draws on biological data collected through access and benefit-sharing partnerships in more than 30 countries across all seven continents.

Trained on this data, the company’s EDEN models recognise patterns across a huge breadth of previously unseen biology. Unlike AI systems developed for a single scientific task, EDEN models aim to deliver a universal understanding of how DNA works across all of life.

This means that the models can generate potential therapeutic candidates directly from information about a disease, an approach already demonstrated through Basecamp’s collaboration with Anthropic on Claude Science. The EDEN models’ capabilities include designing cell and gene therapies, enzymes and peptides.

About Basecamp Research

Basecamp Research trains frontier AI models for therapeutic design. The EDEN models are trained on the Trillion Gene Atlas, the world’s largest proprietary genomic dataset, collected through partnerships in more than 30 countries worldwide. Its pipeline of EDEN-designed therapeutics, beginning with in vivo cell therapy, is advancing towards clinical development. Basecamp Research is headquartered in London with offices and labs in Cambridge, MA.

SOURCE Basecamp Research

Invest Qatar, Aurion Capital and LG NOVA engage to advance technology investments and venture building in Qatar

NEW YORK, Sept. 23, 2026 — Invest Qatar, the Investment Promotion Agency of Qatar, today announced a strategic engagement with Aurion Capital, a global investment group, and LG NOVA, the Silicon Valley–based North America Innovation Centre for LG Electronics. This engagement aims to explore opportunities to scale regional investments and support the commercialisation of emerging technologies and business ventures to strengthen Qatar’s position as a regional hub for entrepreneurship and high-growth ventures.

Announced during the special edition of the Qatar Economic Forum Powered by Bloomberg, held on the sidelines of the 2026 United Nations General Assembly in New York, a new Memorandum of Understanding among the parties establishes a framework to explore collaboration across shared priorities, including targeted innovation programmes and scale-up support in high-growth sectors such as artificial intelligence (AI), digital health, financial technologies (FinTech), digital infrastructure, sports, media and entertainment.

Additionally, a new hub in Qatar Science & Technology Park (QSTP),  serving as a regional platform for LG NOVA-affiliated technologies and ventures, is anticipated to support the expansion of advanced technology solutions, foster collaboration between innovators, investors and industry partners and enable high-potential companies to scale across the Gulf Cooperation Council (GCC) and the Middle East and North Africa (MENA) region.

Sheikh Ali bin Alwaleed Al-Thani, CEO, Invest Qatar, said: “This strategic collaboration reflects the multilateral strength of Qatar’s value proposition. Our world-class research and development (R&D) ecosystem, robust talent pipeline and pro-business regulatory environment position Qatar as an ideal platform to test, deploy and commercialise advanced technologies. Coupled with our strategic location and future-ready digital infrastructure, Qatar offers international investors a gateway to the MENA region and a natural pathway for sustainable regional expansion.”

“At Aurion Capital, we believe the future of innovation will be built through stronger connections between global markets and ecosystems,” stated Ali Diallo, Founding CEO of Aurion Capital. Our mission is to mobilize capital and strategic resources across America, Asia, the Gulf and emerging markets to create enduring economic value and accelerate the growth of transformative technologies. Qatar’s ambition, investment ecosystem, and strategic position between East and West make it one of the world’s most compelling destinations for innovation-led growth. Together with Invest Qatar and LG NOVA, we look forward to building a platform that helps scale world-class companies, unlock new investment opportunities, and strengthen the flow of innovation across regions.”

“The next technology evolution, driven by AI, is creating extensive opportunities for new business and industry growth, across all sectors. By exploring these new opportunities with Invest Qatar and Aurion Capital we’re strengthening our capabilities to build meaningful businesses that will shape our future,” stated Sokwoo Rhee, EVP of Corporate Innovation for LG Electronics and Head of LG NOVA. “Our innovation process brings collaborators together to create impactful change, and by working with Invest Qatar, spearheaded by Aurion Capital, we’ll be able to connect our ecosystems across the world.” 

Through this engagement, Invest Qatar will work closely with Aurion Capital and LG NOVA to plan and design innovation-led programmes in collaboration with key national stakeholders. It will also provide tailored facilitation and advisory support to Aurion Capital and LG NOVA-affiliated companies seeking to establish or expand operations in Qatar.

Aurion Capital and LG NOVA may explore potential deployment of their global innovation capabilities and investment platforms to strengthen technology testing, localisation and commercialisation capabilities within Qatar.

This objectives of this collaboration further cement Qatar’s position as a regional hub for research, development and innovation in advanced technologies, attracting high-quality private-sector investment in priority sectors identified under NDS3 and contributing to long-term economic diversification.

About Invest Qatar

The Investment Promotion Agency Qatar (Invest Qatar) is responsible for overseeing investment promotion activities, aimed at attracting foreign direct investment to Qatar. Established in 2019, Invest Qatar’s mission is to accelerate Qatar’s economic diversification and global competitiveness by proactively attracting targeted investment, developing priority economic clusters, and delivering an exceptional end-to-end investor experience.

As the gateway to investment solutions, Invest Qatar connects investors to an integrated ecosystem of business and licensing platforms. The Agency partners with investors throughout their journey, from exploration and setup to expansion, supporting their long-term growth by providing comprehensive insights into Qatar’s business landscape, sector-specific market knowledge and tailored investment facilitation.

For more information, please visit www.invest.qa 

@InvestQatar | #InvestQatar

About LG NOVA

LG NOVA is a venture-building platform focused on delivering new experiences powered by AI, built from collaboration with innovators across the ecosystem. LG NOVA is based in Santa Clara, Calif, with a branch office in Morgantown, WVa. The center’s mission is to fuel innovation for LG and its partners by creating and launching new AI-first ventures to become the next growth engine for LG. Learn more about LG NOVA at www.lgnova.com.

LG NOVA is the North America Innovation Center for LG Electronics, a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors and automotive components. LG Electronics is a part of LG Corporation, South Korea’s fourth largest industrial conglomerate. Learn more about LG Electronics at www.lg.com.

About Aurion Capital

Aurion Capital is an American investment group focused on scaling high-growth companies, strategic industries, and critical infrastructure across the United States and global markets. The Group operates a multi-strategy investment strategy, deploying capital and resources across venture capital, private equity infrastructure, and venture studio innovation through its specialized business units.

Aurion integrates investment management, strategic collaborations, venture building, and public-private partnerships to connect capital, technology, industry, and global markets. Its investment platforms span key sectors including TMT (Technology, Media, and Telecom), healthcare, sports and entertainment, critical minerals, and energy and power with a pipeline of industrial projects representing more than 2 GW of generation capacity.Aurion Capital is the parent company of NovaWave Capital, a Silicon Valley venture capital firm focused on artificial intelligence, with $100 million in assets under management, that is supported by corporate investors and government partners, including LG Electronics and the U.S. states of West Virginia, Arizona, and Nevada. Aurion Capital also serves as General Partner to BYL Ventures, a Los Angeles-based venture capital fund with $ 70 million in assets under management.

Media Contacts:

LG Electronics USA
Linda Quach
+1 408 903 3045
[email protected]

SOURCE LG Electronics USA

Relevance Ventures Leads Multi-Million Series B for Aqua Medical to Advance Novel Type 2 Diabetes Treatment

Investment announced alongside Relevance Ventures’ sponsorship and participation
at NAFOA’s 2026 Fall Finance & Tribal Economies Conference

NASHVILLE, Tenn. and SANTA FE, N.M., Sept. 23, 2026 — Relevance Ventures (“Relevance”), one of the nation’s only independently owned Native American venture capital firms, today announced that it has led a multimillion Series B financing in Aqua Medical, Inc. (“Aqua”), a clinical-stage medical technology company with a minimally invasive endoscopic approach to treating Type 2 diabetes. The investment was announced as Relevance participates as a sponsor and exhibitor at the 2026 NAFOA Fall Finance & Tribal Economies Conference in Santa Fe, where Tribal leaders, investors and financial professionals are convening around economic growth, capital access and sovereignty.

“Type 2 diabetes represents exactly the kind of challenge Relevance Ventures exists to combat. This is a significant human need with an opportunity for innovation to materially change outcomes and people’s lives,” said Dean Newton, Chairman and General Partner of Relevance Ventures. “Aqua is pursuing a fundamentally different approach to a disease that affects Native Americans at twice the national average, while claiming hundreds of millions of sufferers globally. We believe that combination of potential impact and scale is where some of the most compelling investment opportunities are created.”

Type 2 diabetes affects approximately 589 million people worldwide, and contributes to more than $1 trillion in annual healthcare expenditures globally, including approximately $327 billion in the United States, according to figures cited by Aqua Medical. To address this, Aqua Medical deploys an investigational Proximal Intestinal Mucosal Ablation (PIMA) procedure using a proprietary radiofrequency vapor ablation platform.

“Rather than relying solely on pharmaceutical management or more invasive surgical interventions, Aqua is building a minimally invasive, device-based approach to addressing metabolic disease,” explained Bob Haggerty, President and CEO of Aqua Medical. “Proceeds from this financing will support the completion of our ongoing U.S. RESTORE-1 pilot study and preparations for a planned U.S. pivotal trial, subject to regulatory authorization.”

The RESTORE-1 study is currently evaluating PIMA at participating U.S. clinical sites under an FDA-approved Investigational Device Exemption. The product is FDA-cleared for the coagulation and ablation of bleeding and non-bleeding sites in the gastrointestinal tract. Its use for type 2 diabetes is currently under clinical investigation.

“Our investment philosophy is aimed at solving meaningful problems while creating enduring businesses,” said Cameron Newton, Managing Partner of Relevance Ventures. “That means backing companies across personal health, digital health, community health and financial health that address systemic challenges while pursuing market-rate financial outcomes. Aqua fits squarely within that framework.”

It’s fitting that Relevance announced this investment while co-sponsoring and attending NAFOA, highlighting how Native -owned capital can support the development of treatments for Native health challenges. “NAFOA is an important gathering because it brings together leaders thinking seriously about capital, sovereignty and long-term economic strength,” added Kelly Holmes, Venture Partner & Tribal Ambassador of Relevance Ventures. “For us, announcing an investment like Aqua in that environment reinforces that Native participation in the capital markets brings real benefits to Indian Country, while not being limited to one sector or one geography.”

Additionally, as part of the financing deal, Dean Newton has joined Aqua Medical’s Board of Directors. This furthers the confidence and alignment between Relevance Ventures and Aqua Medical, committing to be not just a capital provider, but a true partner for companies creating lasting health outcomes.

About Relevance Ventures

Relevance Ventures is a Native American, privately owned and operated venture capital firm with more than $100 million under management. The firm invests in high-growth companies across personal health, community health, digital health, and financial health. Founded by Cameron and Dean Newton, Relevance is headquartered in Nashville, Tennessee, with an expanding presence in multiple U.S. growth markets. The Newtons are members of the Patawomeck Tribe of Virginia. For more information, visit www.Relevanceventures.com.

About Aqua Medical

Aqua Medical is a clinical-stage medical technology company advancing a minimally invasive, through-the-working-channel-of-the-scope technology to address Type 2 diabetes. Using its proprietary radiofrequency vapor ablation (RFVA) system for the Proximal Intestinal Mucosal Ablation (PIMA) procedure, the company aims to deliver a scalable, device-based approach intended to address mechanisms associated with Type 2 diabetes and potentially improve metabolic outcomes.

The RFVA system is FDA-cleared for marketing for its indicated use in the gastrointestinal tract. Use of the RFVA system for the PIMA procedure is investigational. The safety and effectiveness of the RFVA system for the PIMA procedure have not yet been established.

Forward-Looking Statements

This press release contains forward-looking statements regarding Aqua Medical’s investigational technology, clinical development activities, and future expectations. Actual results may differ materially. Aqua Medical encourages patients to reach out to the company or their physician to explore the opportunity to be treated with this new technology.

SOURCE Relevance Ventures

ORION Security Named a 2026 SINET16 Honoree

Selected from 158 applicants, ORION Security is recognized as a cybersecurity innovator shaping what comes next

NEW YORK, Sept. 23, 2026 — ORION Security, the agentic data loss prevention (DLP) platform, today announced it has been named a 2026 SINET16 Honoree, one of just 16 companies selected from 158 applicants across 10 countries.

The 2026 SINET16 were chosen through a fiercely competitive selection process led by more than 100 industry experts, including CISOs from industry-leading enterprises. In announcing this year’s honorees, SINET called them “the most promising early-stage and emerging cybersecurity companies shaping what comes next.”

SINET connects CISOs, risk executives, and investors with early-stage companies driving cutting-edge cybersecurity solutions. Its annual SINET16 program recognizes companies developing innovative approaches to some of cybersecurity’s most pressing challenges.

Leading those challenges, the explosion of AI, SaaS, and cloud applications has changed how sensitive data moves through the enterprise, exposing the limits of legacy DLP tooling built around predefined rules and individual control points. ORION Security takes a fundamentally different approach and is built around data movement, context, and user intent.

“Being named a SINET16 Honoree is especially meaningful, with votes coming from cyber professionals and ORION Security customers who understand what enterprise security teams are up against,” said Nitay Milner, Co-Founder and CEO of ORION Security. “Data security is at the forefront of this change, with companies requiring visibility and control of data in motion. Data loss prevention is undergoing a renaissance, and ORION Security is leading the charge.”

The ORION agentic DLP platform brings together continuous data lineage, context-aware classification, identity, environment, and user intent across endpoints, browsers, AI tools, SaaS, and email. Where some DLP tools use AI only to classify data or triage alerts, ORION uses AI to reason over the risk of the movement itself, detecting threats without requiring security teams to anticipate every threat.

The SINET16 recognition follows a period of rapid growth for ORION. In February 2026, the company raised a $32 million Series A led by Norwest Venture Partners, with participation from IBM Ventures and existing investors, bringing total funding to $38 million.

ORION Security will be recognized as a SINET16 Honoree at SINETNew York on October 8. Contact us to request an in-person meeting with ORION Security executives in attendance.

About ORION Security

ORION Security is the agentic data loss prevention platform. Using proprietary AI agents that analyze data in motion and detect real indicators of data loss risk, ORION Security delivers context-aware verdicts across every channel, including endpoints, browsers, SaaS, email, and agentic AI workflows, without rules, policies, or manual tuning. The result is dramatically reduced overhead and real incidents stopped before they become data leaks.

Enterprise information security teams get total visibility and control, answers instead of false positives, and data loss prevention (DLP) that continuously learns and evolves with the business. For more information about ORION Security, visit orionsec.io.

About SINET

SINET’s mission is to advance innovation to defeat global cybersecurity threats. The organization connects CISOs, risk executives, and investors with early-stage and emerging companies driving cutting-edge cybersecurity solutions. By facilitating transparent dialogue, earning trust, and building relationships, SINET empowers its network to build a safer, more resilient digital future.

Media Contact: [email protected]

SOURCE ORION Security

GenesisL1 Invites Institutions to Operate Scientific Infrastructure Built Without Insider Allocation

Two GenesisL1 Insights publications pair a Renaissance-scale case for public scientific memory with block-pinned stake evidence at block 13,690,968.

SHERIDAN, Wyo., Sept. 23, 2026 — GenesisL1, a Layer 1 for decentralized science and verifiable AI, today announced two Insights publications and invited universities, biobanks, research hospitals, biotechnology companies and public agencies to help operate public scientific infrastructure.

GenesisL1 launched with no token sale, private round, insider allocation or private unlock schedule; the bootstrap distributor retained nothing after the public one-to-one transition. That alone does not prove decentralization, but it removes insider vesting and reserved claims from the protocol’s origin. Public patronage runs through the community pool and on-chain governance, not a founding cap table.

“GenesisL1 and the Next Verifiable Renaissance” argues that presses, libraries, universities and scientific societies transformed discovery by letting knowledge outlive its author, patron or institution. As AI makes science machine-executable, GenesisL1 proposes a public layer preserving the identity, provenance, authorization and computational history of scientific objects while protected data stays local.

The companion analysis, “GenesisL1 Stake Distribution and Decentralization,” tests whether distributed stewardship can be measured rather than asserted. It preserves raw responses, tables and 158 SHA-256-listed files. GenesisL1 recorded 33 active validators, 25,555,236.79 L1 bonded and 1,402 delegator addresses; the largest validator held 9.27% of voting power and the top five 27.38%. Since July the active set has grown from 20 to 33, top-five share has fallen from 51.07% and the two-thirds coefficient has widened from eight to 18. The newest interval is reported without selective framing: HHI improved while the largest-validator share rose from its previous low.

“Scientific infrastructure should not ask institutions to rent access to their own memory,” said Mikhail Fedorov, founder of GenesisL1. “Run a validator, preserve an archive node, reproduce the evidence, or define one bounded workflow another institution can inspect.”

L1 coin is the native resource for fees, staking, governance and settlement, not equity, a revenue claim or a promise of return.

Renaissance article: https://genesisl1.com/insights/genesisl1-decentralization-scientific-renaissance.html
Technical analysis: https://genesisl1.com/insights/genesisl1-stake-distribution-decentralization-evidence.html
Evidence: https://genesisl1.com/evidence/stake-distribution/

About GenesisL1
GenesisL1 is a public, permissionless EVM-compatible Layer 1 for scientific data, deterministic models, programmable rights and community governance. Ledger verification establishes provenance and authorization, not biomedical validity or clinical safety. Decentralized Science Labs LLC and Bioinformatics LLC contribute research and software but do not own or control the network.

Media Contact
Mikhail Fedorov, Founder, GenesisL1
+1 207-987-0880
[email protected]

SOURCE GenesisL1

Edufrienz 99 Brings a Whole-Child Learning Ecosystem to U.S. Families and Educators

Digital learning platform combining social and emotional learning (SEL), character development, executive functioning, life skills and academic support for children ages 3–12.

SINGAPORE, Sept. 23, 2026 — As digital education becomes increasingly focused on academic practice and subject mastery, Edufrienz 99 is introducing U.S. families and educators to a broader approach to learning that supports both knowledge and personal growth.

Designed for children ages 3 to 12, Edufrienz 99 brings together social and emotional learning (SEL), character development, executive functioning, life skills, 21st-century competencies and academic support within one ecosystem.

Its library includes more than 1,800 learning resources across over 40 categories, including digital storybooks, educational games, videos, worksheets, workbooks, lesson plans, teacher guides and printable activities for both home and school use.

Rather than treating academic learning, social-emotional development and character education as separate experiences, Edufrienz 99 brings them together within one accessible learning environment.

At the heart of Edufrienz 99 is a simple idea: a child’s development should not be measured by academic achievement alone. Children also need to understand their emotions, build confidence, develop positive habits, communicate effectively and make responsible decisions.

“Academic knowledge will always matter, but as artificial intelligence becomes increasingly integrated into everyday life, the skills that make us human may become even more important,” said Jamus Goh, Business Director of Edufrienz 99. “Our goal is to make these essential human skills easier to teach, engaging for children and accessible to more families and schools.”

Annual subscriptions start at US$29.99, providing families with affordable access to a broad range of structured whole-child learning resources.

Learning On-Screen and Off-Screen

Edufrienz 99 is designed to balance digital engagement with hands-on learning. Children can move between interactive games, animated content and digital stories, as well as printable worksheets, workbooks, writing activities and classroom resources.

Across the platform, children can explore more than 66 SEL, character and life-skill topics, including empathy, gratitude, confidence, patience, teamwork, emotional regulation, communication and responsible decision-making.

This combination gives parents and educators greater flexibility to reinforce important skills without relying entirely on screen-based learning.

Introducing Lumi Frienz

Edufrienz 99 is also expanding its original character universe with Lumi Frienz, created for younger learners.

Through playful characters, comics, stories, games and animated content, Lumi Frienz introduces positive habits and everyday behaviours such as listening, patience, caring, curiosity and responsibility through relatable adventures rather than formal lessons.

The character universe forms part of Edufrienz 99’s broader effort to make character development engaging and memorable from an early age.

A Broader Approach to Learning

Children are growing up in a world shaped by rapid technological change, artificial intelligence and new ways of learning. Alongside literacy, mathematics and subject knowledge, they will continue to need distinctly human capabilities such as empathy, adaptability, communication, confidence and sound judgment.

Edufrienz 99 aims to make these capabilities a more natural part of everyday learning.

The company is also seeking partnerships with U.S. education companies, schools, school networks, distributors and organizations interested in whole-child development, SEL and future-ready skills.

For families and educators looking beyond traditional academic platforms, Edufrienz 99 offers a broader starting point — one ecosystem designed to help children develop the academic, social, emotional and practical skills they need to learn, grow and thrive.

To learn more, visit www.edufrienz.com.

About Edufrienz 99

Edufrienz 99 is a Singapore-based education company focused on whole-child development for children ages 3 to 12. Its digital learning ecosystem combines social and emotional learning, character development, executive functioning, life skills, 21st-century competencies and academic support, with more than 1,800 resources across over 40 categories. Edufrienz 99 also develops original children’s character IP, including Lumi Frienz.

Media Contact

Jamus Goh
Business Director
Edufrienz 99 Pte. Ltd.
+65 88758898
[email protected] 

SOURCE Edufrienz 99 Pte. Ltd

Topdog Raises $2.5 Million Seed Financing to Scale Real Time Multiplayer Gaming

Funding From Boston Seed Capital, The Raine Group, and Bullpen Capital Brings Topdog’s Total Capital Raised to $4.1 Million

NEW YORK, Sept. 23, 2026 — Topdog, a real money skill-gaming company featuring real time multiplayer games for sports fans and gamers, announced it has raised $2.5 million in seed funding to accelerate growth of its app and expand its portfolio of multiplayer sports, card, and strategy games.

The round, led by Boston Seed Capital, includes participation from The Raine Group, Bullpen Capital, Versus Ventures, Spoondrift Capital, and Permit Ventures. Topdog previously raised $1.6 million in pre-seed funding from Lightspeed Venture Partners, bringing the company’s total funding to $4.1 million.

The company is backed by several prominent gaming entrepreneurs and industry leaders, including FanDuel co-founder Nigel Eccles, Revenant VC Founder Ryan Moore, and gaming industry consultant Dustin Gouker, among others. Topdog has also assembled early DraftKings and FanDuel investors including Boston Seed, The Raine Group, and Bullpen Capital, bringing together influential leaders in modern sports betting behind the company’s vision for real time multiplayer gaming.

Topdog will use the new funding to accelerate user acquisition and introduce more real time multiplayer games built around sports.

“Sports fans spend countless hours thinking about lineups, matchups, strategy, and what is going to happen next, yet most gaming products only give them something to do for a short time period, while a game is actually being played,” said Aman Agarwal, co-founder of Topdog. “We see a much bigger opportunity here. Topdog is building real time multiplayer sports skill games that let fans compete directly against each other and stay engaged with the sports they love even during off-peak hours. We believe real-time multiplayer can redefine what sports gaming looks like.”

Instead of competing against a house or playing an asynchronous game based largely on individual scores, Topdog games are designed around live interaction, strategy, and adaptation to an opponent. The approach is central to Topdog’s broader thesis that the next generation of real money skill gaming will become increasingly multiplayer and real time.

Topdog has developed a portfolio of strategy based games, including Basketball Hustle, a multiplayer basketball game in which players draft teams and make strategic decisions throughout a match, along with 21 Hustle, Tilt, Pinfall and other titles. The company is continuing to build sports games designed to give fans new ways to compete outside the traditional windows of live sporting events.

“Topdog is attacking an arena of gaming that has enormous potential but has historically been difficult to execute,” said Peter Blacklow, Managing Director at Boston Seed Capital. “Aman, Jatin and the team have built technology that makes real time multiplayer gaming scalable while pairing it with games that are intuitive, competitive and designed specifically for real-money audiences. In doing so, they have cracked several codes that we were unable to when I was leading WorldWinner’s skill games business. We believe they have an opportunity to build an important new category.”

Topdog’s technology was built to address one of the longstanding challenges of multiplayer gaming: ensuring that players can consistently find well matched opponents. Its infrastructure supports synchronous gameplay, player matchmaking, liquidity, payments, fraud detection, and live operations.

Unlike many traditional skill-games, in which players compete separately and compare scores afterward, Topdog’s titles are turn-by-turn experiences in which participants play simultaneously and adjust their decisions based on their opponents. That structure is designed to create faster, more interactive games while reducing the opportunity for a single dominant strategy or automated play to determine outcomes.

“Consumers already expect multiplayer competition everywhere else in gaming,” Agarwal added. “Real money skill-gaming should be no different. We want Topdog to become the place where sports fans and gamers can compete against each other, in real time, whenever they want to play.”

ABOUT TOPDOG
Topdog is a real-money skill-gaming company that builds and operates strategy-driven multiplayer games. Its games allow players to compete against real opponents in real time. Topdog has built its own end-to-end technology stack that includes matchmaking, player liquidity, payments, fraud detection, and live operations, enabling the company to quickly launch and scale multiplayer gaming experiences.

Topdog was founded by Aman Agarwal and Jatin Narang, who have more than a decade of combined experience in skill gaming. For more information, visit topdog.games.

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SOURCE Topdog