New capital fuels Canary’s global growth and reinforces Canary as the category leader in AI-powered guest-facing hotel technology.

SAN FRANCISCO, June 12, 2025 — Canary Technologies, the award-winning global leader in hotel guest management technology, announced today it has closed an $80 million Series D round of funding to accelerate the company’s global expansion as a leader in hospitality AI. Brighton Park Capital led the round, with participation from existing investors: Insight Partners, F-Prime Capital, Thayer Ventures, Y-Combinator and Commerce Ventures. This latest investment brings Canary’s valuation to approximately $600 million dollars.

This fundraise comes on the heels of a $50M Series C raise announced 12 months ago and caps off an impressive year of growth marked by major partnerships with Best Western, Aimbridge Hospitality, Marriott, Wyndham, TUI Hotels & Resorts, and others. Additionally, Canary unveiled the launch of new cutting-edge AI products, including AI Voice and Webchat. As global demand for AI-powered guest engagement solutions continues to rise, Canary will use the funding to accelerate its rapid expansion.

“The hospitality industry is entering a new era powered by AI, and we’re proud to be at the forefront of that transformation,” said Harman Singh Narula, CEO and Co-founder of Canary. “Through intelligent, enterprise-grade solutions, we’re helping hotels run smarter, deliver faster service and create more personalized guest experiences at scale. This latest investment reflects both the extraordinary dedication of the team—whose work is redefining what’s possible—and the growing impact Canary is making across the industry. We’re energized by the strong demand and excited to expand our partnerships with many of the world’s leading hoteliers.”

The announcement builds on Canary’s accelerating growth and influence across the hospitality sector. Today, the company supports more than 20,000 hotels in over 100 countries and serves as the enterprise partner of choice for leading global brands, including Marriott, Wyndham, Best Western and many others. Canary has earned consistent recognition from industry experts—named the #1 Guest Experience Platform in consecutive years by HotelTechReport, and recognized by Deloitte, Fast Company and more.

“This milestone reflects our team’s continued commitment to building solutions that elevate the industry,” said SJ Sawhney, President and Co-Founder of Canary Technologies. “Our AI solutions are crafted in close partnership with customers, purpose-built for hospitality, and deeply inspired by hoteliers’ day-to-day workflows. When our hotel partners dream of better service, smarter operations, or more delightful guest experiences, our team works hard to turn those dreams into reality with precision, scale and purpose.”

“Canary’s scale and growth within the travel and hospitality sector are truly unprecedented,” said Kevin Magan, Partner at Brighton Park Capital. “We’re thrilled to partner with Harman, SJ, and the entire team as they accelerate their momentum and solidify their position as a category leader. Their dedication to delivering enterprise-grade, high-impact solutions for hoteliers positions them for long-term success and sustained global leadership.”

About Canary Technologies 
Founded in 2018 by lifelong friends and hospitality experts Harman Singh Narula and SJ Sawhney, Canary Technologies was born out of a shared vision: to create intuitive, guest-centric technology that redefines the hospitality experience. Today, Canary serves properties of all sizes—from independent boutiques to global hotel brands—delivering a unified platform that modernizes hotel operations and transforms the guest journey, from pre-booking to checkout. For more information, visit http://canarytechnologies.com.

About Brighton Park Capital
Brighton Park Capital is a New York-based investment firm focused on entrepreneur-led, growth-stage software, healthcare and tech-enabled services companies. The firm invests in companies that provide highly innovative solutions in partnership with great management teams. Brighton Park brings purpose-built, value-add capabilities that match the unique requirements of each of its companies. For more information about Brighton Park Capital, please visit www.bpc.com.

SOURCE Canary Technologies

NEW YORK, June 12, 2025 — Today, Antimetal announced a $20 million Series A led by Sound Ventures to fix the modern stack’s most expensive problem: complexity.

Alongside the raise, Antimetal unveiled the beta of its flagship platform designed to automate infrastructure management so engineers can spend time where it matters: building, not maintaining.

“Writing code is no longer the hard part,” said Shreyas Iyer, Antimetal CTO. “Everything that happens after you write it—provisioning, deploying, scaling, debugging, optimizing, securing—is where teams are now getting stuck.”

“Even the best infrastructure teams at trillion-dollar companies are trapped in this cycle,” Matthew Parkhurst, CEO adds. “More dashboards, more alerts, more tools. It’s not a headcount problem. It’s a complexity problem. And throwing more people at it rarely helps.”

Antimetal offers a different path. Rather than imposing rigid frameworks, the platform learns and adapts to each team’s specific patterns and behaviors. It pulls data from every surface area of a team’s infrastructure stack, and develops an understanding of how their systems typically fail, how engineers respond to those, and what business outcomes matter most to the organization.

Over time, it internalizes this behavioral knowledge and gradually automates parts of a team’s workflow. In the process, it takes fragmented institutional knowledge that typically lives only in senior engineers’ heads and encodes it into a system that is usable by the entire team.

The result: less maintenance, fewer incidents, and more time to build.

Antimetal is now available in early access, with a wider general release planned for later in the year.

Joining Sound Ventures is an impressive list of venture capital firms and private investors. These include Buckley Ventures, Nat Friedman, Daniel Gross, Perplexity founder Aravind Srinivas, Naval Srinivasan, Ben Uretsky, the founder of Digital Ocean, Aaron Levie, founder of Box, and Arash Ferdowsi, founder of Dropbox, and others.

The Future of Infrastructure is Invisible: learn more here.

SOURCE Antimetal

New funding led by SignalFire will fuel surging enterprise demand for Customer Trust Automation solutions, with continued momentum for Sue – the AI Agent for B2B security review automation – and the acceleration of Phil, the industry’s first AI Agent for RFP automation.

SAN FRANCISCO, June 12, 2025 — Conveyor, the market leader in AI Agents for B2B customer trust workflows, including security reviews and RFPs, today announced a $20 million Series B funding round. SignalFire led the raise, with participation from Oregon Venture Fund and Cervin Ventures.

Concurrent with fundraising, enterprise software veteran Chris Farinacci (former COO of Asana, former CMO of Google Cloud) will join as an independent board member.

This investment reinforces Conveyor’s leadership in the emerging Customer Trust Automation category and highlights a vision for an AI-driven future at the intersection of compliance and sales powered by high-context, domain-expert agents. With this round, the company’s total funding reaches $40 million.

“SignalFire’s investment validates our AI-first vision for transforming customer trust,” said Chas Ballew, CEO of Conveyor. “We’re excited to accelerate our mission of fully automating complex end-to-end workflows and removing trust bottlenecks that slow down enterprise sales. With SignalFire’s support, we’re laying the foundation for a future driven by AI-to-AI interactions.”

Enterprise sales processes are routinely delayed by exhaustive security reviews. According to Conveyor’s 2024 State of Security Review, on average, reviews take 3.1 weeks to complete—contributing to deal delays for over half (52%) of sales teams. Further, just 13% of information security end users find their current process efficient. In response, a growing number of teams are turning to AI: with 31% of companies already implementing AI in their go-to-market efforts and another 24% planning to adopt within the next year.

Conveyor is riding this enterprise demand with over 1 million questions answered by ConveyorAI, more than 800,000 Trust Center interactions, and a 3x growth rate. By accelerating security reviews and RFPs, organizations are transforming compliance into a competitive revenue advantage. Unlike legacy solutions that rely on stale content libraries, low accuracy AI, and basic Trust Center automation—Conveyor’s approach builds a living, AI-managed knowledge graph of secure data. These AI Agents are specifically built to handle complex work. They are accurate, know the business’s unique context, and can perform multiple steps of end-to-end work autonomously across different tools, even as the organization evolves.

Faster Deals, Fewer Bottlenecks, and More Productivity with a Trusted AI Lineup
Sue, Conveyor’s breakthrough AI Agent, is the industry’s first end-to-end Agent to automate customer security reviews. Sue helps customers self-serve a vendor’s sensitive documents and security information using an AI-driven Trust Center, can answer security questionnaires at 95-97% accuracy without human intervention, and autonomously drives the review turnaround process down by 80%. She operates like a living AI-powered source of approved company information, eliminating some of the most tedious and time-consuming tasks in enterprise sales.

Building on Sue’s success, Conveyor has now introduced Phil, the industry’s first AI Agent dedicated to RFP automation. Phil autonomously researches RFP requirements and drafts proposal responses, helping organizations win more deals faster with less effort. Together, Sue and Phil form a powerful AI-driven pair to offload the most labor-intensive elements of customer trust workflows.

Developing truly autonomous agents that operate within enterprise environments isn’t just a technical challenge—it requires deep integration with complex processes, rigorous accuracy standards, and the trust of risk-sensitive stakeholders. Most AI tools falter when faced with the scale, nuance, and security requirements of enterprise organizations. Conveyor has already overcome these hurdles. By deploying Sue and demonstrating measurable outcomes in some of the largest tech companies in the world, Conveyor has proven that AI agents can be not only helpful, but fully dependable and enterprise-ready. This success validates Conveyor’s unique position as a pioneer in applying agentic AI to the real-world complexities of B2B customer trust.

“Conveyor is redefining agentic automation in the enterprise.” said Tony Pezzullo, Principal at SignalFire. “Conveyor’s work with large, sophisticated technology organizations like Workday and Atlassian stood out from the legions of SMB-focused & ‘prosumer’ tools. Their vision enables the first platform for agent-to-agent communication in customer trust workflows; building the canonical interface for RFPs, security questionnaires, and eventually all high-fidelity customer-facing knowledge base queries.”

Building an AI-Driven Future with Customer Trust at the Center
In addition to expanding Sue and Phil’s availability, Conveyor will use funding to scale AI research and engineering teams, expand go-to-market initiatives, and advance a long-term vision of enabling AI-to-AI trust exchange—as the trust layer for future interactions between buyer and seller AIs.

According to Zendesk’s Senior Security Manager of Trust & Assurance, Bogdan Gagea, “Since adopting Conveyor, we’ve reduced processing time by 20%, saved about 120 hours per month, and improved on-time deliverables. This support helps our go-to-market teams close more deals and renewals, making Conveyor essential for transforming our security function from a cost center into a revenue driver.”

“We’re especially excited about Conveyor’s ambition: leading the Customer Trust category and delivering AI Agents that live up to automation expectations with Enterprise capabilities at the core,” says Chris Farinacci.

Trusted by more than 480 customers, including top-tier enterprise customers like Atlassian, Zendesk, and Qualtrics, Conveyor has already proven this technology accelerates trust building and unlocks faster revenue growth for high-profile organizations.

To learn more about Conveyor, please visit https://www.conveyor.com.

About Conveyor
Conveyor is the leading generative AI-powered platform that automates and scales the most tedious parts of the sales process: customer security reviews and RFPs. Trusted by the world’s top SaaS companies, Conveyor helps vendors build trust with customers while reducing the time spent on the mind-numbing task of sharing security information, answering security questionnaires, and responding to RFPs by over 90%.

SOURCE CONVEYOR

• Commons Clinic is redefining specialty care with a next-generation model for integrated, physician-led prevention and intervention that meets people where they are
• Its new Wholebody program provides comprehensive diagnostics and direct specialist treatments that unite musculoskeletal, cardiovascular, women’s health, metabolic, orthopedic, GI, chronic pain, and preventive oncology care into one seamless system

LOS ANGELES, June 12, 2025 — Commons Clinic today announced a $26 million Series B financing, bringing its total funding to over $60 million. The round was led by RA Capital, with participation from Floating Point, SteelSky Ventures, Time BioVentures, Courtside Ventures, and Commons Clinic physicians. This funding supports the launch of Wholebody by Commons Clinic, a multi-specialty suite connecting all of the organization’s advanced preventative care offerings. Through early detection, tailored prevention, and accountable intervention, Wholebody furthers Common Clinic’s mission to reinvent specialty care.

Wholebody puts Commons Clinic’s team of renowned specialists at the center of early detection and prevention. Its five specialty programs harness advanced diagnostic technologies to thoroughly evaluate essential health indicators like cardiometabolic wellness, musculoskeletal conditions, women’s health, weight management, hormonal balance, gastrointestinal health, chronic pain, and preventive oncology. Each patient program includes up to three specialty consults via Commons Clinic’s national expert network and offers priority placement into its vetted “FastPass” network of primary care partners, ensuring patients experience accelerated, contiguous, and highly accountable care.

Whether identifying the BRCA gene in women prompting prophylactic mastectomy in Commons’ surgery centers, detecting unacceptable coronary plaque levels requiring a PCI procedure, or discovering early-stage cancer markers via the Galeri test and facilitating rapid connection to its oncology expert network, Commons Clinic puts patients on immediate, actionable pathways to specialized care.

“Specialty healthcare too often begins after prevention fails. Patients lack timely access to specialized clinical expertise, leaving conditions to worsen over time before they receive treatment,” said Nick Aubin, co-founder and CEO of Commons Clinic. “Equipped with the industry’s most advanced technologies, we are able to quantify health risk, identify specific conditions, and quickly treat issues across the entire body.”

Inspired by institutions like the Mayo Clinic, Cleveland Clinic, Hospital for Special Surgery, and MD Anderson for their enduring legacy of advancing specialty healthcare, Commons Clinic’s physicians are some of the best minds in specialty medicine. Working at the heart of care delivery and innovation, their efforts are setting a new standard for high-value specialty services while reducing costs. Commons Clinic is expanding its physician-led approach across multiple high-impact specialty domains through the launch of its Wholebody program.

“At Commons Clinic, we’ve built our foundation as a musculoskeletal center-of-excellence that combines advanced surgical treatments with thoughtful conservative care,” said Ben Schwartz, MD, SVP of Care Services at Commons Clinic. “Now, we’re applying that same playbook to the entire body, extending our specialty care model into metabolic, cardiac, cancer, and women’s health. This integrated approach is exactly what people need to solve complex health challenges earlier, smarter, and with more precision.”

Commons has demonstrated success with its care philosophy centered on prevention and early intervention through its musculoskeletal care program, which prevents premature surgeries and accelerates the frontier of advanced,  high-yield surgical techniques and technologies. During the past year alone, Commons’ Dr. Andrew Wassef performed the first ever Mako robotic revision hip replacement, Dr. Hyun Bae published definitive research on the positive efficacy of allogeneic mesenchymal precursor cells for treatment of chronic low back pain, and Dr. Prem Ramkumar was named Associate Editor at the prestigious Journal of Bone & Joint Surgery.

“What sets Commons Clinic apart is its focus on delivering world-class interventional specialty care seamlessly through a vertically integrated model,” said John Loser, Managing Director at Floating Point. “Through its deep expertise in complex ambulatory surgical care and extraordinary concentration of top-tier specialty talent, Commons Clinic is reimagining the future of specialty care and building the Cleveland Clinic of tomorrow.”

Board-certified cardiologist Dr. Jenica Ortega will lead the Wholebody program, with a specific focus on building its cardiac, metabolic, bariatric, and women’s health service lines. Additionally, Brad Hively, the former CEO of The Oncology Institute, recently joined Commons’ board to leverage his 25 years of healthcare experience to advise on specialty value-based care strategy & expansion.

For additional details on Wholebody by Commons Clinic, visit commonsclinic.com/wholebody.

About Commons Clinic
Commons Clinic is pioneering an integrated, specialty-led healthcare platform that seamlessly combines preventive diagnostics with definitive, specialist-driven interventions. Spanning musculoskeletal, cardiovascular, women’s health, metabolic, chronic pain management, preventive oncology, and more. Commons Clinic unifies advanced diagnostics, personalized care pathways, and interventional procedures in a single accountable system. Its vertically integrated model ensures timely decision-making, clearer care navigation, and superior clinical outcomes. For more information, visit commonsclinic.com.

Media Contact:
[email protected]

SOURCE Commons Clinic

BOSTON, June 12, 2025 — LearnLaunch Fund + Accelerator is proud to announce the 2025 cohort of its Breakthrough to Scale program. This group of early-stage edtech startups is tackling some of the most urgent challenges in education and workforce development, from K12 through lifelong learning. LearnLaunch also welcomes Lemnis as a new investor in the fund, deepening our shared interest in expanding learning so that every young person can thrive in a time of dramatic change.

This cohort reflects LearnLaunch’s commitment to backing mission-driven teams that mirror the diversity of the learners they serve. The companies are focused on closing gaps in access, outcomes, and opportunity. Several leverage the responsible use of AI to expand personalization, increase engagement, and scale impact while staying grounded in evidence and ethics. Three companies empower adult learners adapting to rapid AI-driven workforce change through apprenticeships, micro-learning, and productivity tools. Two K12 companies address difficult learning milestones using AI, including assessing and supporting reading fluency and providing a secure platform where students use AI to develop critical writing skills.

The 2025 Breakthrough to Scale Cohort includes:

eKidz provides AI-driven speech recognition at the phoneme level, assessing early literacy and offering personalized instruction across reading, speaking, listening, and writing.

GoSprout is an all-in-one work-based learning platform that streamlines apprenticeship onboarding, skill tracking, and compliance, enabling organizations to upskill talent faster and more efficiently.

Learnie is a micro-learning platform for deskless workers in industries like retail, healthcare, and manufacturing that boosts onboarding, compliance, and retention through short, engaging videos.

Stack provides AI-powered clinical trial-specific training and real-time guidance for teams, improving onboarding and execution at academic medical centers.

TrueMark is a monitored assignment platform that helps teachers prevent AI plagiarism with edit-level transparency and harness AI as a personalized feedback tool with assignment-level customization.

“Our work starts with capital but extends far beyond it,” said Jean Hammond, General Partner at LearnLaunch. “When you combine funding with the right coaching, context, and connections, you unlock the kind of durable progress that founders need to thrive in the rapidly changing education industry. We’re proud to welcome this new cohort and excited to partner with new investors sharing our mission.”

In addition to bringing on the new cohort, LearnLaunch added Lemnis as a new investor in the fund. “At Lemnis, we invest in mission-aligned funds and organizations to accelerate their impact for learners. LearnLaunch supports our commitment to making learning more personable, adaptable, and aligned with what young people need to thrive in a rapidly changing world,” said Melissa Johnston, CEO at Lemnis. “Their approach combines early capital with deep expertise and long-term support for founders, helping build solutions that expand opportunity and drive meaningful outcomes.”

This cohort is the fifteenth that LearnLaunch has run. Over the past 12 years, LearnLaunch has invested in 91 companies that have impacted 58 million learners. Those companies have gone on to raise nearly $300M in additional capital.

LearnLaunch Fund + Accelerator is the leading edtech startup program. Using its unique mix of milestone-based funding and one-on-one venture partner and mentor support, LearnLaunch works with impact-driven entrepreneurs to establish product-market fit and develop go-to-market strategies to achieve scale. For more information, visit https://learnlaunch.com/accelerator.

Media Contact
Tetyana Astashkina
General Partner, LearnLaunch Fund + Accelerator
[email protected]

SOURCE LearnLaunch Fund + Accelerator

Partnership with Baleon Capital Will Accelerate Growth and Innovation in Rentable Items and Parking

SCOTTSDALE, Ariz., June 12, 2025 — Zark, a groundbreaking service that optimizes parking availability at multifamily communities and provides residents with easy access to leasing garages, storage spaces and amenities through Rentable Items, today announced the successful completion of its Series A funding round led by Baleon Capital (“Baleon”). This partnership enhances Zark’s existing roster of prominent investors, including notable current and former executives from the multifamily sector.

Baleon Founder and Managing Partner Jon Kaiden and Zark CEO Todd Katler share a long-standing, trusted relationship, having previously collaborated on initiatives that drove significant industry advancements. This latest round of funding is pivotal in expanding Zark’s innovative offerings, particularly with the company’s Rentable Items solution, which has garnered opportunities exceeding one million units with multiple operators just a few months after its introduction to the market.

“We are excited to welcome Baleon to our family of investors. Since 2023, Zark has achieved remarkable growth of 400%, and we are optimistic about doubling that growth this year,” Katler stated. “Our premier technology is designed to empower property owners and operators, enabling them to generate ancillary income while simultaneously enhancing the living experience for residents. The net result fosters a win-win situation for all parties involved.”

Zark’s parking and Rentable Items technologies are designed with both residents and property managers in mind. The cost-effective solutions require zero capital expenditure and offer easy implementation, eliminating the stress of any on-site or technological change management. By leveraging Zark’s platform, multifamily property owners can increase revenue, improve resident satisfaction and optimize portfolio performance and value.

“We deeply believe in Zark’s vision and commitment to enhancing the resident experience,” Kaiden said. “This funding marks a significant milestone, and we are excited to support Zark’s visionary solutions that will fundamentally change the way property owners and residents interact. Together, we are paving the way for a more efficient and profitable future for multifamily communities.”

Utilizing the Zark mobile and desktop apps, residents can easily reserve parking spots, garages, storage spaces and more. They can customize amenities and rentable items to book hourly, daily or monthly reservations. This approach provides communities with a straightforward solution that generates revenue for properties while empowering residents to add customization to their community life on their terms.

About Zark
A leading technology-enabled parking and amenities management provider, Zark improves the resident experience by reducing frustration and generating ancillary income for operators. Zark optimizes parking with an intuitive platform that enables residents and guests to reserve underutilized spaces, as well as streamlines parking enforcement for property teams with real-time tracking, customizable violations and towing coordination. Additionally, Zark’s new Rentable Items feature helps properties maximize their amenities by offering hourly, daily and monthly rentals for garages, storage units and other assets—enhancing the resident experience and driving meaningful ancillary income for operators without capital expense or hefty fees. For more information, visit zarkparking.com or LinkedIn.

About Baleon Capital
Baleon supports founders in growth stage B2B companies across healthcare and tech-enabled business services. Baleon’s mission is to partner with exceptional founders seeking more than just capital, as Baleon offers comprehensive support throughout the entire business lifecycle. Leveraging Baleon’s proprietary advisory network and operational expertise, Baleon facilitates rapid and efficient growth. For more information, visit Baleon Capital’s website at baleoncapital.com.

Media Contact
LinnellTaylor Marketing
Darcey Leach, Account Manager
303.682.5005
[email protected]

SOURCE Zark Parking

Trusted by the U.S. Air Force, Anduril, and Shield AI, Nominal gives engineering teams one secure platform to validate, automate, and ship critical hardware, faster.

LOS ANGELES, June 12, 2025 — Nominal, the first unified, real-time test stack for physical systems, today announced a $75 million Series B led by Sequoia Capital, with significant participation from Lightspeed Venture Partners and continued support from Lux Capital, General Catalyst, Founders Fund, and additional investors. Programs across aerospace, defense, energy and advanced manufacturing—including Anduril Industries, Shield AI, and the U.S. Air Force—use Nominal to analyze hardware data, surface anomalies, and keep critical hardware mission-ready.

“No one tests more hardware, or under higher stakes, than the U.S. Department of Defense. Nominal is already accelerating test outcomes and can help reduce the time required for flight and weapons testing—delivering credible capabilities to the warfighter faster” said Maj Gen (Ret) Evan Dertien, former commander of the U.S. Air Force Test Center.

Nominal’s unified stack automates data capture, flags edge-case failures, and feeds results straight into operations—whether in a wind tunnel, on a flight line, or inside a contested environment. In just two years the company has become the fastest-growing software platform in hardware development:

• 10× revenue growth year-over-year
• 6× customer growth across aerospace, defense, energy, robotics, and manufacturing
• Dozens of operational field deployments, from hypersonic materials testing to daily drone sorties

For decades hardware testing innovation has lagged behind the speed of demand for new hardware products. Incumbent tools—built for one-and-done verification in the 1980s-2000s—assumed products shipped every ten years, not every ten weeks. Spreadsheets, custom Python harnesses and siloed software can’t keep pace with rapid design changes or field updates. As reindustrialization, rising defense budgets, and global competition compress schedules, continuous real-time validation is now essential for national security and industrial prosperity.

“Test speed is the choke-point for hardware innovation,” said Alfred Lin, Partner at Sequoia Capital. “Nominal transforms testing from a constraint into a competitive advantage with an integrated platform that spans development through operations. We’re excited to partner with the Nominal team as they create and define this new software category that will power the next era of hardware.”

Founded in 2022 by engineers and operators from Anduril, Lockheed Martin, and Palantir, Nominal replaces fragmented scripts and desktop tools with a single secure stack spanning telemetry management, hardware-in-the-loop (HITL) automation, and live operational monitoring. By cutting test-to-decision time from days to minutes, Nominal lets hardware engineering organizations accelerate product development timelines, reduce overhead, and scale outcomes — without adding headcount.

Today the Nominal platform offers two production products:

• Nominal Core—a secure cloud workbench for managing, monitoring and analyzing high-rate sensor data, logs, video, and procedures in one time-aligned, collaborative view.
• Nominal Connect—an edge platform that lets engineers build custom hardware-in-the-loop applications and run automation code connected to physical assets or test stands.

“We are in the business of making testing simpler, more efficient and cost effective for our customers,” said Cameron McCord, Nominal co-founder and CEO. “Every hour our customers wait for a test results impacts their schedule and budget. Nominal pulls the sensor data, control logic, and pass-fail gates into one live workspace, so testing outcomes are available within minutes, not days. Lines keep moving, flight windows stay on the calendar, and engineering teams ship new hardware without adding headcount.”

Core and Connect are already used across dozens of programs to compress test loops from prototype to production to operations. Series B capital will accelerate both product roadmaps and fund new product offerings that push deeper into embedded and operational use cases — with secure, reliable AI woven throughout.

About Nominal

Nominal builds the unified, real-time test stack for the physical world. The platform lets engineering teams capture telemetry, automate hardware-in-the-loop tests, and monitor live systems in one secure environment. Trusted by organizations and programs across defense, aerospace, energy and heavy industry, Nominal shortens every loop from prototype to production to operations (and back). Headquartered in Los Angeles, the company has offices in Austin and New York City.

SOURCE Nominal

BOSTON, June 11, 2025 — VectorWave Corporation today announced $2.5M in seed funding led by prominent dual use investor, J2 Ventures (www.j2vp.com) and Coalition Ventures (www.coalition.ventures). VectorWave was founded in 2024 by Dr. Ronald Davis to commercialize analog computing architectures he developed during his doctoral program at MIT and work at the U.S Army Research Laboratory. VectorWave’s novel approach promises to unlock massive gains in spectrum utilization while also creating new spectrum access in congested and contested environments. 

Dr. Davis’ work was published in Science Advances
(https://www.science.org/doi/10.1126/sciadv.adt3558), introducing the world’s first hardware accelerator that performed AI inference on raw radio frequency signals without pre-processing or digitization. This AI hardware accelerator, called MAFT-ONN (Multiplicative Analog Frequency Transform Optical Neural Network), exploits the physics of analog components to implement a number of fully-programmable signal processing functionalities. Among other capabilities, MAFT-ONN demonstrated signal classification of RF modulations schemes with 120 nanosecond time-of-flight latency and 85% single-shot accuracy that can quickly converge to 99%. 

VectorWave is also led by founding advisor Dr. Charles Dietlein who has 15 years of federal government leadership in electromagnetics R&D and spectrum management, and co-founder Tom Hennessey who has joined concurrent with this round of funding to support company growth and commercialization efforts.  

SOURCE VectorWave

Seed extension led by U.S.-based Cassius Capital underscores momentum for AI-first adtech purpose-built for the Connected TV (CTV) era

NEW YORK and PARIS, June 12, 2025 — Olyzon, The Agentic CTV Advertising Platform, today announced a $5M seed extension round led by Cassius Capital, with continued participation from Ventech, Eurazeo, and strategic angels including Greg Coleman (former President of Criteo), Tom O’Regan (former CEO of Madison Logic), Cédric Mao (founder of Epic12), and Christophe Parcot (former executive at Ogury, Teads, and Yahoo). The round includes $3.8M in equity, complemented by non-dilutive funding from Bpifrance and a consortium of banking partners.

Cassius Capital Leads with Deep Media and Adtech Expertise

Cassius Capital, a U.S.-based early-stage fund founded by Emmanuel Seugé, a long-time marketing executive at The Coca-Cola Company, specializes in high-growth technology startups and brings deep media industry experience. Its portfolio includes global companies like SORARE, BRUT, and Kings League. The fund is currently deploying its third vehicle alongside Jean de La Rochebrochard, General Partner at Cassius Capital, and Managing Partner at Kima Ventures, one of Europe’s most active early-stage investors.

“We’re proud to lead this round to accelerate Olyzon’s exciting velocity in the U.S. market,” said Emmanuel Seugé, Partner at Cassius Capital. “Their approach to agentic AI is more than automation—it enables decisioning, creative intelligence, and transparency in a space that urgently needs it.”

“This is a rare team that combines deep product vision and global commercial traction with some of the world’s most iconic brands,” added Jean de La Rochebrochard, General Partner at Cassius Capital. “We’re excited to support them as they scale across the U.S.”

Accelerating U.S. Growth on a Strong Foundation

The raise comes less than a year after Olyzon’s initial seed round—which included 60 angel investors from the adtech industry including the co-founders of Scibids, Publica, and Equativ— signaling strong demand for its AI-first approach and growing traction among global brands. The new capital will support product development and deepen the company’s presence in the U.S. market.

“CTV is the epicenter for premium attention—but most ad infrastructure hasn’t evolved beyond display-era logic,” said Jules Minvielle, CEO and co-founder of Olyzon. “We built Olyzon to reimagine how advertisers reach and engage audiences—using agentic AI to plan, target, and sequence campaigns in real-time based on context, intent, and brand-specific data.”

Since launching in 2024, Olyzon has powered hundreds of CTV campaigns for brands including DoorDash, Caesars, LVMH, Nissan, Mastercard, Red Bull, Audi, IKEA, and Levi’s. The platform connects directly to premium inventory through partners such as LG Ads, Amagi, Vizio, Titan OS, Plex, Fubo, and M6.

At Nissan, Media & Advertising Manager Julien Dobisz said: “We have recently decided to integrate Olyzon into our marketing strategy. This solution captures the audience’s attention in an immersive and engaging environment with precise targeting, while providing detailed insights to measure the effectiveness of our advertising investments.”

To support U.S. expansion, the company recently appointed Zach Sorscher as SVP of Sales, U.S. An adtech veteran (former Exte, MiQ), Sorscher is leading commercial development in North America.

CTV: A market in rapid transformation

In the U.S., CTV is rapidly becoming the dominant video advertising channel. By 2025, it will reach over 238 million users and generate more than $30 billion in revenue, with double-digit annual growth (source: eMarketer).

Yet despite this momentum, tools inherited from display advertising have failed to keep pace with marketer expectations—they cite legacy technologies as lacking contextual relevance, failing to provide needed inventory transparency, and requiring complex and burdensome processes to scale. Olyzon was built to close these gaps and attract scale—enabling brands to deploy AI agents that execute brand goals autonomously on behalf of their specific goals in CTV, delivering frictionless results.

About Olyzon
Olyzon is the agentic CTV advertising platform delivering the attention leading global brands deserve on CTV. Built from the ground up with artificial intelligence, Olyzon’s AI agents advance automation, transparency, and scalable performance—empowering brands and agencies to take dynamic, intelligent action. The AI-native platform automates media planning across premium inventory, leverages contextual AI signals for proprietary program-level targeting and audience intelligence, and invites audience engagement with immersive ad formats and intelligent sequencing. Founded in 2024 with offices in Paris and New York, Olyzon helps advertisers maximize investments and brand impact that Thrive with All Eyes On CTV. Learn more at www.olyzon.tv

Media Contact:
[email protected]

SOURCE Olyzon