Koning Health Announces Series C Raise Through Strategic Partnership with Sage Tap Poder

NORCROSS, Ga., May 22, 2025Koning Health, the commercial-stage medical imaging company behind the revolutionary Vera Scan, announced the launch of its official Series C fundraising round in coordination with Sage Tap Poder SPV. The raise is being conducted as a Rule 506(c) offering under Regulation D and is open exclusively to verified accredited investors.

Sage Tap Poder’s SPV (special purpose vehicle) will directly invest in Koning, supporting the company’s next phase of growth as it scales the rollout of the Koning Vera Breast CT (Koning Vera)—the first and only FDA-approved 3D breast imaging system for diagnostic use that delivers high-resolution images without compression or discomfort.

“This Series C round marks a major milestone in our mission to transform breast imaging and empower women with a more accurate, comfortable, and accessible alternative to traditional mammography,” said Matthew Stack, CFO of Koning. “Partnering with Sage Tap Poder allows us to bring a broader base of accredited investors into the Koning family at a pivotal time in our commercial expansion.”

The funding will accelerate deployment of the Koning Vera in clinics and hospitals across the US, drive reimbursement strategy and adoption among radiologists, and fuel ongoing innovation in 3D imaging technology.

Koning’s unique approach replaces the decades-old standard of painful breast compression with a fast, comfortable, and patient-friendly scan that captures a full 360-degree view of breast tissue in 7 seconds per breast—ideal for dense tissue, calcification detection, and routine imaging.

“We’re proud to support a company that’s redefining women’s health through breakthrough imaging technology,” said Kirk Honour, Managing Partner at Sage Tap Poder. “This opportunity gives accredited investors the chance to invest in a category-defining medical device company with strong commercial traction and a clear path to scale.”

About Koning Health

About Koning: Koning is a global Health Technology company focused on improving the breast imaging industry with its patented Koning Vera Breast CT. Koning’s vision is to create a revolution in medical imaging through advanced computed tomography technology that dramatically improves the way clinicians visualize and evaluate breast tissue. The Koning Vera is expected to optimize early disease detection, diagnosis, and intervention by the clinician.  For more information, please visit Koning’s website.

Accredited investors interested in participating in the offering can contact Kirk Honour at [email protected] or 888-558-5228 x803 to learn more about the opportunity.

SOURCE KONING CORPORATION

StackHawk Raises $12 Million in Strategic Funding to Help Security Teams Keep Up with AI-Driven Development

SAN FRANCISCO, May 22, 2025 — StackHawk, the shift-left API security platform, today announced it has taken on $12 Million in additional funding from Sapphire and Costanoa Ventures to help security teams keep up with the pace of AI-driven development. With this funding, StackHawk will expedite shipping products and features that make it simple for modern teams embracing AI-driven development to scale safely, especially in data-sensitive industries such as healthcare and fintech. Sapphire and Costanoa Ventures also co-led StackHawk’s Series B funding in 2022, bringing the company’s total funding to $47.3 million.

“We’re seeing our customers embrace AI-driven development tools like Cursor and ship new applications faster than ever,” said Joni Klippert, CEO and Co-Founder of StackHawk. “Security professionals were already outnumbered by developers 100:1 and struggling to keep up with the backlog of issues – we need new solutions to help engineering teams identify the most important security issues and help engineers actually fix those issues being generated by the speed of AI.”

Developers now deploy code 70% faster using AI (according to the latest DORA report), and 30% of that code contains security weaknesses (Cornell University). AppSec teams spend hours prioritizing issues, creating tickets, and chasing busy developers, causing vulnerability backlogs to balloon as time is spent on non-remediation tasks. As a result, applications and clouds grow less secure, and hackers exploit the widening productivity gap between development and security teams.

According to Imperva’s 2024 State of API Security Report, 71% of internet traffic is driven by API calls. StackHawk was recently named the outstanding API security platform by the Global Infosec Awards at RSA 2025. These prestigious global awards, by Cyber Defense Magazine, recognize innovators with compelling value propositions for their products in competitive infosecurity industries. StackHawk is reimagining API security testing by empowering developers to find and fix security vulnerabilities before they hit production.

“StackHawk is the only API security solution that ensures the most important vulnerabilities are identified and addressed during the development stage of software delivery, before they are shipped to production and can impact customers,” said Greg Sands, Founder and Managing Partner at Costanoa Ventures. “They are in the ideal position to innovate with new solutions that ensure enterprises maintain a strong security posture in the age of AI.”

About StackHawk
StackHawk is making API and application security testing part of software delivery. The StackHawk platform offers engineering teams the ability to find and fix application bugs at any stage of software development and gives security teams insight into the security posture of applications and APIs being developed. Built by a strong founding team with deep experience in security and DevOps, and funded by some of the best venture investors in the business, StackHawk is leading the shift left movement by putting API and application security testing into the hands of engineers the moment they build code. Learn more and sign up for a free trial at www.stackhawk.com

Media Contact
Adam LaGreca
Founder of 10KMedia
[email protected] 

SOURCE StackHawk

Axle Health Secures $10M in Series A Financing to Revolutionize Home Health Operations

Investment Will Accelerate Product Development to Meet Surging Demand for Home-Based Healthcare

Company Reports 900% Growth Over FY 2024

Proprietary AI-Powered Platform Allows Home Health Providers to Optimize Care Delivery Operations

LOS ANGELES, May 22, 2025 — Axle Health, the pioneering technology company transforming home healthcare operations, today announced a Series A financing round of $10M. The investment was led by F-Prime, with participation from Y Combinator, Pear VC, and Lightbank.

This funding round will fuel Axle Health’s aggressive expansion plans, including scaling its proprietary healthcare logistics platform, enhancing its AI-powered scheduling and routing algorithms, accelerating development of its generative AI patient engagement solutions, and growing its engineering and operations teams.

“The healthcare industry is experiencing a fundamental shift toward home-based care, accelerated by changing patient preferences, value-based care initiatives, and advances in remote monitoring technologies,” said Adam Stansell, CEO of Axle Health. “With this investment, we’re positioned to meet the explosive demand for home healthcare by giving providers the technological infrastructure they need to scale operations efficiently. Our mission is to make high-quality home healthcare accessible to everyone who needs it, regardless of location or socioeconomic status.”

Axle Health’s platform solves the critical operational challenges that have historically limited the scale and efficiency of home healthcare. The company’s EMR integrated software solution enables healthcare organizations to seamlessly deploy clinicians for in-home visits through smart scheduling, route optimization, and automated patient engagement. This technology-first approach has led to increases of up to 30% in overall clinician productivity.

“Axle Health’s intelligent platform addresses the complex logistical challenges that have hindered the home healthcare industry for decades,” said Carl Byers, Partner at F-Prime. “What impressed us most was how the team, with several executives bringing deep operational expertise from their time at Uber, has applied sophisticated logistics principles to healthcare, creating a solution that seamlessly integrates with existing systems while delivering measurable improvements in efficiency and patient outcomes.”

“Caring for patients in the home with constrained clinical resources and administrative complexity is a challenge I’ve seen firsthand,” said Julia McDowell, Venture Partner at F-Prime. “Axle is addressing urgent problems that in-home providers are facing every day, and their platform unlocks financial and operational improvements almost immediately. The ROI is both substantial and rapid – we’re excited to invest in Axle to bring this solution to more providers and their patients.”

At the core of Axle Health’s competitive advantage lies its patent-pending healthcare logistics engine, which combines sophisticated machine learning algorithms with years of healthcare operations expertise. The proprietary system processes millions of data points – including traffic patterns, provider credentials, patient needs, and geographic constraints – to optimize routing in real-time and predict potential bottlenecks before they occur.

“What sets Axle’s technology apart isn’t just its computational power, but how seamlessly it integrates with existing healthcare workflows,” noted Mar Hershenson, Partner at Pear VC. “Many healthtech solutions create additional friction for providers, but Axle’s platform actually reduces administrative burden while improving outcomes. Axle’s logistics engine creates a continuously optimizing system that becomes more valuable over time, and the unique combination of healthcare domain expertise and technical sophistication makes Axle an exceptionally promising investment.”

About Axle Health
Axle Health is a healthcare technology company on a mission to revolutionize home-based care delivery through its comprehensive operations platform. Founded in 2020 by healthcare and technology veterans, including several former Uber executives who brought their logistics expertise to the healthcare industry, Axle Health’s AI-powered logistics platform enables healthcare organizations to efficiently deploy clinicians for in-home visits, improving patient outcomes while reducing operational costs. The company is headquartered in Los Angeles, California. For more information, visit www.axlehealth.com.

Media Contact
[email protected]

SOURCE Axle Health

CureDuchenne Ventures Invests in Entos Pharmaceuticals for Development of a Redosable, Full-Length Dystrophin Gene Therapy

NEWPORT BEACH, Calif. and EDMONTON, AB , May 22, 2025 — CureDuchenne Ventures announced an initial $1M investment in Entos Pharmaceuticals Inc (Entos), a biotech company that develops genetic medicines utilizing its non-viral, redosable Fusogenix PLV delivery platform. Entos will use this funding to create a muscle-targeting therapeutic to deliver full-length dystrophin for the treatment of Duchenne muscular dystrophy (DMD). 

Entos’ Fusogenix PLV platform is a delivery system that combines the best aspects of viral and non-viral approaches. Using a completely new mechanism for intracellular delivery of RNA, DNA and gene editing therapies, Fusogenix PLV is suitable for a wide range of best-in-class genetic medicines. Entos is committed to using this technology to develop cures and improve the lives of patients and their families. 

Entos will share information about this platform and their plans in Duchenne with families at the CureDuchenne 2025 FUTURES National Conference, held on May 22-25 in San Antonio, Texas. The session will be held on Friday, May 23 at 11:50 a.m. CT and will also be livestreamed.

“We are very excited by the potential of Entos Pharmaceuticals’ technology and look forward to collaborating with Entos in pursuit of a gene therapy that overcomes the limitations of current AAV-based approaches—one that would not exclude individuals with pre-existing immunity, allow for redosing, and, crucially, deliver full-length dystrophin to all of the necessary muscle tissues,” said Debra Miller, founder and CEO of CureDuchenne. “CureDuchenne has long been a leader in funding innovative therapeutic approaches, and this investment underscores our continued use of venture philanthropy to catalyze progress towards transformative treatments for Duchenne. We extend our heartfelt gratitude to our donors and the Duchenne community—your support has made this investment possible and continues to drive progress toward a cure.”

“The Fusogenix PLV platform enables the safe, effective, and redosable delivery of full-length functional genes, like dystrophin, to muscle cells throughout the body. Given that Fusogenix PLV-based treatments can be given more than once, if needed, this could be a real game-changer,” said John Lewis, CEO of Entos Pharmaceuticals. “We’re hopeful this approach will make a real difference for people with Duchenne muscular dystrophy and their families.”

About Duchenne Muscular Dystrophy (DMD)
Duchenne muscular dystrophy (DMD) is a rare, progressive, inherited neuromuscular disease that occurs in approximately one in every 3,500-5,000 males. It is caused by a mutation in the gene that encodes instructions for dystrophin, a key structural protein in muscle. Symptoms of DMD usually appear in infants and toddlers as difficulty in walking, climbing stairs, or standing from a sitting position. Most individuals with DMD will require full-time use of a wheelchair in their teens, and as muscle weakness and degeneration progresses to their upper limbs, lose the ability to perform other activities of daily living.  Cardiopulmonary complications are the primary cause of death.

About Entos Pharmaceuticals Inc
A new reality in genetic medicine lies ahead, one that will be ushered in with the advent of safe, effective, and redosable nucleic acid delivery technologies. Since its inception in 2016, Entos® has been dedicated to advancing next-generation genetic medicines using our proprietary Fusogenix™ PLV™ drug delivery system. The Fusogenix PLV platform is formulated with FAST proteins to enable the delivery of nucleic acid to target cells through direct fusion. Entos is pioneering the development of life-changing medicines for patients and has partnered with global companies, such as Eli Lilly, to accelerate and expand the impact of our platform. Entos Pharmaceuticals Inc. is headquartered in Edmonton, Canada, with its wholly owned U.S. and U.K. subsidiaries based in San Diego, California, and London, United Kingdom, respectively. For more information, visit www.entospharma.com, or follow Entos on LinkedIn. Entos® word mark and design logo, Fusogenix™ and PLV™ are registered trademarks of Entos Pharmaceuticals Inc. All other trademarks and registered trademarks are the property of their respective owners.

About CureDuchenne Ventures  CureDuchenne Ventures, LLC is the investment arm of CureDuchenne, a non-profit patient advocacy organization and global leader in funding research, patient care, and innovations for improving and extending the lives of those with Duchenne muscular dystrophy (DMD). CureDuchenne Ventures has supported transformative treatments for DMD, including 19 projects that advanced to human clinical trials, and multiple equity investments in companies striving to overcome the limitations of first-generation exon-skipping and gene therapies. For more information, please visit cureduchenne.org

SOURCE CureDuchenne

O-RAN Digital Twin Platform Co-Funded by O-RAN ALLIANCE Powers Research and Innovation in AI and Open RAN

  • The O-RAN ALLIANCE successfully concludes its seed funding initiative launched in November 2023
  • Evolved O-RAN Digital Twin platform enables lab deployment of O-RAN-based networks in a few clicks
  • The platform is designed for the research community to accelerate innovation at the intersection of AI, open RAN and network optimization

BONN, Germany, May 22, 2025 — The O-RAN ALLIANCE and the Institute for the Wireless Internet of Things at Northeastern University have successfully concluded the seed funding initiative, launched by O-RAN ALLIANCE in November 2023 to support research and development of next generation open Radio Access Network (RAN) infrastructure.

The funding initiative was led by O-RAN ALLIANCE’s next Generation Research Group (nGRG). Its objective was to provide a forum to facilitate O-RAN related 6G research efforts and determine how O-RAN may evolve to support mobile wireless networks in the 6G timeframe and beyond, by leveraging industry and academic 6G research efforts worldwide. The purpose of the seed funding was to be a significant enabler for broader funding of research platforms for next generation infrastructure.

The Institute for the Wireless Internet of Things at Northeastern University, as the funding awardee, utilized the 200,000 USD sponsorship to evolve its Colosseum lab and research platform. The result is a comprehensive, automated O-RAN Digital Twin (O-DT) platform designed for the research community to accelerate innovation at the intersection of AI, open RAN and network optimization.

The evolved O-RAN Digital Twin platform enables researchers to deploy O-RAN-based networks—including base stations, user equipment, and Radio Intelligent Controllers (RIC)—in just a few clicks. The platform automatically initiates data collection, training, and testing pipelines for RIC-based xApps and rApps, and plays a key role in continuous validation of open-source protocol stacks. It is also ready to support future development of dApps for real-time network control and other cutting-edge use cases.

“The O-RAN ALLIANCE seed funding supported the efforts to advance Colosseum into a state-of-the-art platform that effectively enables the research community to develop innovations for the RAN,” said Michele Polese, Research Assistant Professor at Northeastern University and PI of the O-RAN O-DT project. “This initiative has sparked the creation of new solutions to tackle the next fundamental challenge toward fully realizing the Open RAN vision, i.e., intelligent and dynamic network control and optimization. We look forward to further evolving the O-RAN Digital Twin to address future needs of modern RANs.”

“It is exciting to see the outcomes of the O-RAN ALLIANCE seed funding initiative delivering tangible value to RAN researchers,” said Ravi Sinha, VP Technology and Solution Development at Reliance Jio and co-chair of nGRG. “These research outcomes form basis for future specification development within the O-RAN ALLIANCE, enabling a global market of scaled, innovative and competitive solutions, advancing our mission towards an open, intelligent, virtualized and fully interoperable RAN.”

About O-RAN ALLIANCE
The O-RAN ALLIANCE is a world-wide community of mobile operators, vendors, and research & academic institutions operating in the Radio Access Network (RAN) industry. As the RAN is an essential part of any mobile network, the O-RAN ALLIANCE’s mission is to re-shape the industry towards more intelligent, open, virtualized and fully interoperable mobile networks. The new O-RAN specifications enable a more competitive and vibrant RAN supplier ecosystem with faster innovation to improve user experience. O-RAN based mobile networks at the same time improve the efficiency of RAN deployments as well as operations by mobile operators. To achieve this, the O-RAN ALLIANCE publishes new RAN specifications, releases open software for the RAN, and supports its members in integration and testing of their implementations.
For more information, please visit www.o-ran.org.

About the Institute for the Wireless Internet of Things at Northeastern University
Researchers and students at the Institute for the Wireless Internet of Things (WIoT) envision a future in which people and their environment are wirelessly connected by a continuum of AI-powered devices and networks, from driverless cars and search-and-rescue drone swarms to implantable medical devices and smart cities. The institute is home to world-leading expertise, facilities, and technologies dedicated to making wireless communications exponentially faster, more energy efficient, and more secure. Within WIoT, Open6G is a one-stop shop for Open RAN innovation. Located at the Northeastern University Boston and Burlington, MA campuses, Open6G is a hub for research, development, and testing of advanced wireless networks using Open RAN and AI technologies, and hosts world-leading experimental facilities for 5G research.

SOURCE O-RAN Alliance

Great Circle Group Launches to Transform Marine Technology Sales and Service Industry

FT. LAUDERDALE, Fla. and YORK, Maine, May 21, 2025 — Today marks the public launch of Great Circle Group, a new venture uniting industry leaders Electronics Unlimited (EU) and Navtronics with accomplished technology entrepreneurs Damon Tassone and Michael Wexler. The company aims to establish the marine technology industry’s premier national sales and service brand, delivering unparalleled quality and expertise to boat owners and partners nationwide.

The formation of Great Circle Group addresses growing demand for sophisticated, reliable marine technology services through three key differentiators: technology enablement across all business operations, a focus on creating the industry’s most attractive environment for technical talent, and the scale to provide consistent, high-quality service across multiple regions.

“We’re building the company we’ve always wanted to see in this space,” said Tim Greer, President of Navtronics and VP of Great Circle Group. “With Great Circle we can now expand our premium marine technology services well beyond our New England roots, and become the employer of choice for marine technicians, offering unprecedented career opportunities and advancement paths.”

While maintaining their established brand identities, Electronics Unlimited and Navtronics now operate under the Great Circle Group umbrella, with plans for strategic expansion. The company intends to grow both organically and by inviting additional high-quality sales and service providers to join the Great Circle family.

“Great Circle represents a significant evolution in marine technology services,” said Ron Muller, President of Electronics Unlimited and VP of Great Circle Group. “By bringing together our deep industry knowledge with forward-thinking technology leadership, we’re creating a platform that will attract the best service providers throughout the country while elevating the entire customer experience.”

“As lifelong boaters ourselves, we’ve seen technology increasingly become core to the boating experience and understand the critical importance of reliable, expert service,” said Michael Wexler, co-CEO of Great Circle Group. “We also see tremendous opportunity to develop innovative service offerings that leverage vessel data, emerging technologies, and enhanced connectivity.”

“We’re committed to a long-term vision of transforming this industry while maintaining the exceptional standards that EU and Navtronics are known for,” added Damon Tassone, co-CEO of Great Circle Group. “Our emerging national footprint allows us to reimagine what’s possible in marine technology sales and services, setting new standards of excellence that benefit the entire ecosystem.”

For more information about Great Circle Group, email [email protected].

About Great Circle

Great Circle unites premier marine technology sales and service providers to deliver exceptional quality, reliability, and customer experiences nationwide. Founded by industry veterans and technology entrepreneurs, the company is committed to transforming the marine service industry through technological innovation, talent development, and the advantages of scale.

About Electronics Unlimited

Founded in 1973, Electronics Unlimited has established itself as South Florida and the Treasure Coast’s premier marine technology provider. With nearly five decades of experience, EU has built a reputation for exceptional technical expertise and customer service in marine electronics sales, installation, and service throughout the region.

About Navtronics

Founded in 1992, Navtronics is the leading provider of marine technology solutions in Northern New England. The company serves boaters from Cape Cod to the Canadian border through its network of five locations in Massachusetts and Maine, including Salem, Gloucester, York, Portland, and Belfast.

SOURCE Great Circle Group

LMArena Secures $100M in Seed Funding to Bring Scientific Rigor to AI Reliability

SAN FRANCISCO, May 21, 2025 — LMArena, the open community platform for evaluating the best AI models, has secured $100 million in seed funding led by a16z and UC Investments (University of California) with participation from Lightspeed, Laude Ventures, Felicis, Kleiner Perkins and The House Fund. The funding coincides with the relaunch of LMArena happening next week—a faster, sharper, fully rebuilt platform designed to make AI evaluation more rigorous, transparent, and human-centered.

In a space moving at breakneck speed, LMArena is building something foundational: a neutral, reproducible, community-driven layer of infrastructure that allows researchers, developers, and users to understand how models actually perform in the real world. Over four hundred model evaluations have already been made on the platform, with over 3 millions votes cast, helping shape both proprietary and open-source models across the industry, including those from Google, OpenAI, Meta, and xAI.

“In a world racing to build ever-bigger models, the hard question is no longer what can AI do. Rather, it’s how well can it do it for specific use cases, and for whom,” said Anastasios N. Angelopoulos, co-founder and CEO at LMArena. “We’re building the infrastructure to answer these critical questions.”

The new LMArena next week reflects months of feedback from the community and includes: a rebuilt UI, mobile-first design, lower latency, and new features like saved chat history and endless chat. The legacy site will remain live for a while, but all future innovation is happening on lmarena.ai.

“AI evaluation has often lagged behind model development,” said Ion Stoica, co-founder at LMArena and UC Berkeley professor. “LMArena closes that gap by putting rigorous, community-driven science at the center. It’s refreshing to be part of a team that leads with long-term integrity in a space moving this fast.”

Backers say what makes LMArena different is not just the product, but the principles behind it. Evaluation is open, the leaderboard mechanics are published, and all models are tested with diverse, real-world prompts. This approach makes it possible to explore in-depth how AI performs across a range of use cases.

“Our mission has always been to make AI evaluation open, scientific, and grounded in how people actually use these models. As we expand into new modalities and deepen our evaluation tools, we’re building infrastructure that doesn’t just evaluate AI, it helps shape it” said Wei-Lin Chiang, co-founder and CTO of LMArena. “We’re here to ensure AI is reliably measured through real-world use.”

LMArena is already working with model providers to help them uncover performance trends, gather human preference data, and test updates in real-world conditions. The company’s long-term business model centers on trust: as they look to develop advanced analytics and enterprise services while keeping core participation free and open to all.

“We invested in LMArena because the future of AI depends on reliability,” said Anjney Midha, General Partner at a16z. “And reliability requires transparent, scientific, community-led evaluation. LMArena is building that backbone.” Jagdeep Singh Bachher, chief investment officer at UC Investments, added, “We’re excited to see open AI research translated into real-world impact through platforms like LMArena. Supporting innovation from university labs such as those at UC Berkeley is essential for building technologies that responsibly serve the public and advance the field.”

The relaunch of LMArena next week is a significant step forward, but it’s far from the finish line. The team is actively shipping new features, refining the platform, and working closely with the community to shape what comes next.

About LMArena: 
LMArena is an open platform where everyone has access to leading AI models and can contribute to their progress through real-world voting and feedback. Built with scientific rigor and transparency at its core, LMArena enables developers, researchers, and users to compare model outputs, uncover performance differences, and advance the reliability of AI systems. With a commitment to open access, reproducible methods, and diverse human judgment, LMArena is shaping the infrastructure layer AI needs to earn long-term trust. Learn more at lmarena.ai.

Press Contact:
Cherry Park
[email protected]

SOURCE LMArena

U.S. News & World Report Deepens India Engagement with Strategic Investment in White Bridge Education

Partnership will leverage U.S. News’s insights on global higher education to assist colleges and universities seeking to establish a presence in India.

WASHINGTON, May 21, 2025 — U.S. News & World Report, a global authority in education rankings and consumer insights, today announced a strategic investment in White Bridge Education (WBE), a market-entry advisory firm in India specializing in international student outreach, recruitment and enrollment across South Asia and the Middle East.

This investment marks U.S. News’ continued expansion in India and builds on its mission to help students, families and institutions make confident, data-driven decisions about higher education.

Cofounded by Dr. Kimberly Dixit, Preeti Wadekar and Namita Mehta, White Bridge Education partners with global universities and higher educational institutions to provide customized solutions for student recruitment by offering integrated solutions including in-country representation, digital marketing strategies, customized student events, tours and fairs, research and advisory services, and brokering transnational education partnerships.

“As we continue to find ways to better serve our consumers and the industries that support them, this investment helps amplify our commitment to students and institutions around the globe,” said Neil Maheshwari, U.S. News & World Report CFO and COO. “We are excited about the synergies this partnership provides.”

WBE’s capabilities and credible brand will help U.S. News to deepen its engagement and footprint in the growing Indian economy. This strategic partnership also accelerates WBE’s access to exclusive content, tools, networking and branding opportunities that drive student mobility.

“This partnership marks a meaningful milestone for White Bridge Education,” said Preeti Wadekar, White Bridge Education co-founder and CEO. “It affirms our unique position in India’s international education space and reinforces our shared commitment to transparency, ethics, and student-first values, with full operational and editorial independence of our respective organizations.”

WBE will continue to operate independently under its leadership team with its original founders retaining as majority shareholders. U.S. News will continue to retain its editorial independence: U.S. News editors will not provide White Bridge Education services, and any purchase of those services will not affect school rankings.

About U.S. News & World Report
U.S. News & World Report is the global leader for journalism that empowers consumers, citizens, business leaders and policy officials to make confident decisions in all aspects of their lives and communities. A multifaceted media company, U.S. News provides unbiased rankings, independent reporting and analysis, and consumer advice to millions of people on USNews.com each month. A pillar in Washington for more than 90 years, U.S. News is the trusted home for in-depth and exclusive insights on education, health, politics, the economy, personal finance, travel, automobiles, real estate, careers and consumer products and services.

About White Bridge Education
White Bridge Education (WBE) is a market entry advisor for global universities and higher education institutions expanding into South Asia and the Middle East. Based in Mumbai, the organization offers services spanning strategy, outreach, and partnership development. Its work is grounded in regional expertise, strong networks, and a student-centered approach that emphasizes ethical, outcomes-driven recruitment. WBE focuses on connecting institutions with the right students and stakeholders, aiming to deliver long-term value and impact in international education through collaborative, transparent practices and strategic alignment with each university’s regional goals.

SOURCE U.S. News & World Report

Ajna Capital Invests in SuperSol: Powering Solana’s First Native Layer-2 to Drive Scalable On-Chain Growth

DUBAI, UAE, May 21, 2025 — Ajna Capital, a leading early-stage Web3 venture fund, has included SuperSol as part of its growing portfolio of next-generation blockchain investments. SuperSol, the first native Layer-2 solution purpose-built for the Solana blockchain, represents one of several strategic projects Ajna Capital is backing to drive scalable on-chain growth. This founding stake highlights Ajna Capital’s conviction in Solana as a foundational asset class for the next generation of internet infrastructure — and its commitment to supporting projects that make Solana faster, more scalable, and more resilient.

SuperSol addresses critical challenges in the Solana ecosystem — including network congestion and performance bottlenecks — by introducing a rollup-based architecture that improves throughput and lowers costs without fragmenting liquidity. Unlike traditional L2s, SuperSol is designed to be seamless for users and developers, ensuring that transactions ultimately settle back on Solana‘s base layer without requiring ecosystem migration.

At the heart of SuperSol’s innovation are its Evanescent Rollups, a demand-driven approach to high-speed execution on Solana. These rollups activate dynamically, processing transactions off-chain and submitting cryptographic proofs to Solana‘s mainnet only when necessary. This ensures instant transactions and scalability without overloading the base layer. By preventing wasted resources and reducing computational overhead, SuperSol ensures predictable transaction costs, allowing developers to build with confidence.

Eva Oberholzer, CEO of SuperSol, brings a wealth of experience to the project. As the former Chief Growth Officer at both Cardano and Dfinity, she has been instrumental in scaling blockchain ecosystems. Eva co-founded SuperSol to scale Solana efficiently while preserving the speed, security, and efficiency that define it.

“We’re building the most robust Layer-2 for Solana — designed from the ground up for high-performance applications,” said Eva Oberholzer. “With Ajna’s backing, we’re doubling down on our vision to deliver seamless scalability for gaming, DeFi, and beyond.”

Key Highlights of SuperSol:

  • Solana-Native L2: SuperSol is the first Layer-2 rollup architecture designed specifically for Solana, optimized for high throughput and ultra-low latency.
  • Evanescent Rollups: A demand-driven approach to high-speed execution, ensuring instant transactions and scalability without overloading the base layer.
  • No Fragmentation: All SuperSol transactions eventually settle on Solana, maintaining composability and liquidity across the ecosystem.
  • Built for High-Performance Apps: From DeFi to GameFi to DePIN, SuperSol’s infrastructure enables real-time, scalable execution for demanding applications.

Developer-Focused Execution: Offers customizable environments tailored to the needs of next-gen Solana builders.

SuperSol is currently raising a strategic round to scale its team, expand validator infrastructure, and onboard its first wave of DeFi and gaming partners, alongside several other high-potential Web3 projects supported by Ajna Capital.

“Being an early investor in Solana — SuperSol was a natural extension and a no-brainer,” said Gourish Singla, Founding Managing Partner of Ajna Capital. “Their rollup-first approach is exactly what the network needs right now: scalability without compromise, composability without fragmentation. We’re excited to support their mission to make Solana unstoppable.”

About Ajna Capital
Ajna Capital is a Web3-native early-stage venture fund backing bold founders building core infrastructure and real-world blockchain applications.

About SuperSol
SuperSol is a blockchain infrastructure company developing Layer-2 scaling solutions to enhance performance and usability within the Solana ecosystem.

SuperSol on X/Twitter: https://x.com/_supersol

Contact
Ajna Capital
[email protected]

Photo: https://mma.prnewswire.com/media/2693113/Ajna_Capital.jpg

SOURCE Ajna Capital