Funds will accelerate U.S. expansion, new co-pilot development, and help launch industry-first LLM – “HyperLM” – pre-trained with millions of data points & reasons for finance and accounting.

DOVER, Del., May 13, 2025 — Hyperbots, the agentic AI platform for finance and accounting, announced today that it has raised a $6.5 million Series A round co-led by Arkam Ventures and Athera Venture Partners. The round also saw participation from new investor JSW Ventures and existing investors, Kalaari Capital, Sunicon Ventures, and Darashaw & Company Sunicon Ventures, and Darashaw & Company.

Hyperbots focuses on transforming finance operations for mid-market enterprises. The funds will accelerate U.S. go-to-market efforts and the development of new AI co-pilots, including the launch of HyperLM, the industry’s first large language model trained exclusively on finance and accounting data.

Founded in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak, Hyperbots automates finance workflows across procure-to-pay, order-to-cash, expense management, analytics, and reporting. Each co-pilot is built in collaboration with CFOs. The team worked with 25+ design partners in the U.S. over 18 months before launching its MVP. The co-pilots integrate with leading ERP, CRM, and finance systems.

Since launch, Hyperbots has delivered over 80% straight-through processing, 99.8% document accuracy, and reduced manual intervention by up to 80%, driving faster cycle times and lower costs.

Hyperbots is on track to serve 100+ U.S. clients this year across sectors including healthcare, media, manufacturing, retail, EV infrastructure, construction, oil & gas, pharma, and real estate.

Rajeev Pathak, Co-founder & CEO, Hyperbots said, “We are entering a new era of finance-and-accounting transformation in the U.S. With our proprietary, domain-trained AI models and agentic workflow engine, we can finally automate the heavy, error-prone work that’s been holding finance teams back. This round gives us the resources to deepen our R&D, accelerate go-lives, and build a GTM ecosystem that will let every mid-market CFO run world-class F&A operations—at a fraction of today’s cost and effort.”

Bala Srinivasa, Managing Director, Arkam Ventures, said, “We were impressed by the accuracy and product breadth of the Hyperbots’ agentic AI suite for such a young company.  We are excited to back the Hyperbots team that combines deep AI expertise with a relentless focus on customer value and satisfaction.”

About Hyperbots

Hyperbots transform F&A functions using proprietary AI agents that can read structured and unstructured data, process invoices, match and reconcile them, manage accruals, validate taxes, check payment terms, and recommend GL codes for ERP posting with zero to minimal human intervention. Multiple specialized AI co-pilots operate on top of a finance-specific foundational architecture that enables superior intelligence in an F&A context (language, vision, reasoning, interpretation, recommendation, prediction, redaction, exception handling etc.)

Visit: https://www.hyperbots.com/

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SOURCE Hyperbots

• Funding is part of the call for proposals “Innovations in Biotherapies and Bioproduction,” coordinated by the Health Innovation Agency under France 2030 strategy, operated on behalf of the French government by Bpifrance

PARIS, May 13, 2025 — Eligo Bioscience, a biotechnology company pioneering the development of novel genetic medicines, today announced it has secured a $5 million grant from the French government to accelerate the advancement and scaling up of Eligo’s proprietary topical gene delivery platform, designed to enable local production of therapeutic biologics directly by skin-resident bacteria.

This grant follows recent key milestones for Eligo, including the publication of its microbiome base-editing platform in Nature, securing multiple foundational patents covering in situ editing of the skin microbiome, and successfully expanding its Series B funding round to $35 million. This latest non-dilutive financial support strengthens Eligo’s capacity to rapidly advance its clinical pipeline.

Scaling up and advancing towards the clinic

Building on the development of its first-generation CRISPR-based topical therapeutic targeting moderate to severe acne vulgaris, Eligo will now optimize and scale up the bioproduction process of its innovative gene delivery vector ahead of later-stage clinical trials. In this endeavor, Eligo is partnering with Biose Industries, a globally recognized CDMO specializing in microbial fermentation. Biose’s extensive GMP expertise in scaling complex microbial therapeutics will be instrumental in accelerating Eligo’s progress toward clinical validation.

“This funding empowers us to establish a robust bioproduction process for our first-in-class topical microbiome-targeting gene-editing therapies, laying the groundwork for expanding into a wide range of immuno-dermatological indications,” said Dr. Xavier Duportet, CEO and Co-Founder of Eligo Bioscience. “It reinforces our ambition to deliver truly transformative therapeutic solutions, addressing critical medical challenges faced by millions of patients worldwide.”

Expansion to immuno-dermatology targets

The skin microbiome plays a pivotal role in cutaneous immune regulation, and commensal bacteria residing within the hair follicle lie in immediate proximity to resident immune cells.

Eligo’s unique in-situ delivery modality enables to perform in-situ genetic engineering of these commensal bacteria, turning them as localized bioreactors that can express high-potency biologics precisely where immune dysregulation occurs.

The new funding will support the exploration of multiple therapeutic payloads and the build-out of a diversified immuno-dermatology pipeline targeting chronic inflammatory and immune-mediated skin diseases with significant unmet need.

For more information about Eligo Bioscience, France 2030, and Bpifrance: eligo.bio/france2030.

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Contact :
[email protected] 

SOURCE Eligo Bioscience

Vitruvian Partners and WestCap Co-Lead Round with Support from 8VC, Valor Equity Partners and EDBI

NEW YORK, May 13, 2025 — Addepar, a leading global technology and data platform that investment professionals rely on to make the most informed, data-driven investment decisions, announced today the closing of its $230 million Series G investment round. The round was co-led by Vitruvian Partners, headquartered in London, and returning investor, New York-based WestCap, with additional participation from longtime partners 8VC and Valor Equity Partners. Global investor EDBI, operating under SG Growth Capital—the investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore—also joined this round as a new investor.

Addepar’s clients use its platform to manage and advise on more than $7 trillion in client assets, up from $5 trillion just a year ago. The company adds more than $25 billion in new assets on average each week, and serves more than 1,200 client firms across more than 50 countries. Addepar is the platform of choice for single-family offices, RIAs, large banks, institutional asset owners and alternative fund managers. With hundreds of thousands of users worldwide, Addepar has become a leader in wealth and investment management technology and data, and delivers outsized value specifically in times of market volatility.

“This investment round reflects the deep trust our investors have in our mission, and the exceptional value we consistently deliver to our clients,” said Eric Poirier, Chief Executive Officer at Addepar. “Since day one, our focus has been on building a unified platform that equips investment professionals with advanced technology, precise data, and actionable insights—essential tools for achieving extraordinary outcomes in today’s rapidly evolving financial landscape. This funding aims to reward everyone who has contributed to our mission during our first 15 years, and reinforces our commitment to empowering the world’s leading firms with deep and lasting innovation. It ensures that our clients are empowered with the right technology, data and tools to navigate the full range of market conditions with confidence.”

Addepar continues to invest over $100 million annually in research and development and is on track to achieve profitability in 2025. The proceeds from its Series G financing will primarily be used to provide liquidity to employees and other investors through a tender offer, allowing them to realize the value of their contributions. In addition, it will further accelerate investments in innovation and client capabilities, enabling firms to differentiate themselves in an increasingly competitive market. Addepar continues to deliver exceptional client satisfaction and retention, strong revenue growth, and rapid product innovation at scale.

“Addepar has established itself as a category leader in investment technology with a strong track record of innovation and measurable global impact,” said Luuk Remmen, Partner at Vitruvian Partners. “We’re proud to bring more than capital to this partnership—offering strategic insight to help accelerate Addepar’s next phase of global growth and extend its transformative solutions to more investment professionals worldwide.”

“We’re proud to deepen our partnership with Addepar as they push the boundaries of innovation across the wealth management ecosystem, providing essential solutions for today’s investment managers,” said Jaime Hildreth, Partner at WestCap and Addepar board member. “We recognized Eric and the Addepar team’s vision from the outset and will continue to work alongside their team to build, scale, and pioneer the future of investment management.”

Born in response to the 2008 global financial crisis, Addepar has maintained an unwavering focus on empowering investment professionals with the best data, technology and insights. In doing so, it has set a new standard for the world’s leading wealth managers and investors.

“Addepar is building the global operating system for investment professionals—connecting data, insight, and action in one powerful platform,” said Joe Lonsdale, General Partner at 8VC and Addepar’s Co-founder and Chairman of the Board. “This milestone reflects the market’s belief in that vision and the strength of the team driving it. As Addepar expands its global reach, it’s redefining how capital is managed and decisions are made across the investment ecosystem.”

Today, amid significant market turbulence and economic uncertainty, Addepar is uniquely positioned to double down on innovation—expanding its platform to help clients navigate volatility, manage risk, and deliver differentiated value to their own clients with greater speed, accuracy, and insight. As the company continues to grow, it remains deeply committed to driving meaningful, long-term impact across global markets by empowering firms to act with greater clarity and confidence.

About Addepar
Addepar is a global technology and data company that helps investment professionals provide the most informed, precise guidance for their clients. Hundreds of thousands of users have entrusted Addepar to empower smarter investment decisions and better advice over the last decade. With client presence in more than 50 countries, Addepar’s platform aggregates portfolio, market and client data for more than $7 trillion in assets. Addepar’s open platform integrates with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases. Addepar embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh, Pune and Dubai.

About Vitruvian Partners
Vitruvian Partners is a global growth-focused investor with offices across London, Stockholm, Munich, Madrid, Luxembourg, Mumbai, Singapore, Shanghai, Miami, and San Francisco. Vitruvian focuses on dynamic situations characterized by rapid growth and change across asset-light industries. Vitruvian has over $20 billion of active funds which have backed many global winners and leaders in their sectors, including Wise, Marqeta, CFC, Global-e, Darktrace, Just Eat, and Skyscanner. Further information can be found at www.vitruvianpartners.com. 

About WestCap
WestCap is a strategic operating and investing firm that partners with visionary leaders to build generational businesses. Our team is comprised of seasoned industry leaders and entrepreneurs who guide companies through the most pivotal stages of growth. Some of our notable investments include Airbnb, StubHub, Ipreo, Addepar, Hopper, iCapital, SIMON, and GoodLeap. The firm has offices in New York, San Francisco and London. For more information, please visit www.westcap.com.

SOURCE Addepar

Investment led by Fulcrum Equity Partners to accelerate Olio’s mission of transforming care coordination.

INDIANAPOLIS, May 12, 2025 — Olio, the leading software platform streamlining care coordination, announced today the closing of an $11 million Series B funding round. The round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners (MCP), a growth equity firm specializing in scaling innovative healthcare and B2B software companies.

Philip Lewis, Partner at Fulcrum Equity Partners, states, “Olio is transforming a manual, error-prone, and unscalable discharge process. With real-time patient status across the care continuum, providers can truly drive performance.” Bill Trainor, Partner at Mutual Capital Partners, adds, “With rising demand for operational efficiencies and data-driven cost savings, we’re excited to continue partnering with Olio to improve patient outcomes and reduce readmissions and costs.”

Olio empowers payers, health systems, and physician groups to efficiently manage patient transitions across care settings: Skilled Nursing, Home Health, Behavioral Health, Long-Term Care, and more. Olio delivers improved outcomes and operational efficiencies, enabling organizations to engage their entire footprint at scale, addressing a critical need in the care continuum.

With new capital, Olio plans to expand its product offerings and accelerate go-to-market initiatives, deepening its impact on healthcare organizations nationwide.

“Olio is solving one of healthcare’s most critical challenges — connecting care across the continuum in a scalable, impactful way,” said Jill Sharp, Sr. VP of Care Delivery, Emcara Health, and Olio board member. “I’m thrilled to support a company that is not just innovating, but truly transforming how providers partner with each other for better patient care.”

“At Olio, our mission is to transform the way healthcare organizations coordinate care,” said Ben Forrest, CEO of Olio. “The continued investment from Fulcrum Equity Partners, combined with the support from Mutual Capital Partners, positions us to scale our impact and drive meaningful change across the industry.”

Olio’s growth reflects a broader shift in healthcare toward operational excellence, where seamless transitions and stakeholder alignment are paramount. With proven success stories and new strategic partnerships, Olio is poised to lead this next chapter of healthcare innovation.

About Olio
Olio makes complex care more organized, coordinated, and effective, improving patient outcomes by requiring mutual participation in processes that work. When providers work together seamlessly and effectively, people and populations get better. Learn more at https://www.olio.health/.

About Fulcrum Equity Partners
Fulcrum Equity Partners is an Atlanta-based growth equity firm that gives entrepreneurs the capital and hands-on support they need to take their companies further, faster. Fulcrum invests in healthcare services and B2B tech executives searching for $5 million to $35 million of equity in minority and majority growth opportunities. Fulcrum’s partners believe in building businesses the right way, meeting teams where they are, and helping them imagine a bigger and brighter future by building the right systems, processes, teams, and culture. All of that starts with the right experience, the right support, and the right relationship. Learn more at http://www.fulcrumep.com.

About Mutual Capital Partners

Mutual Capital Partners is a Cleveland-based venture capital fund that helps innovative healthcare startups reach their full potential. Our investment is more than just financial; we become partners and lend full support to our portfolio companies’ efforts. Learn more at https://www.mutualcapitalpartners.com/.

SOURCE Olio

Insight Partners Leads Series A with GV, Future Ventures and Abstract Joining

LOS ALTOS, Calif., May 12, 2025 — Glass Imaging, a company harnessing the power of artificial intelligence to revolutionize digital image quality, today unveiled a Series A funding round led by global software investor Insight Partners. The $20 million round will allow Glass Imaging to continue to refine and implement their proprietary GlassAI technologies across a wide range of camera platforms – from smartphones to drones to wearables and more. The Series A round was joined by previous Glass Imaging investors GV (Google Ventures), Future Ventures and Abstract Ventures.

Glass Imaging uses artificial intelligence to extract the full image quality potential on current and future cameras by reversing lens aberrations and sensor imperfections. Glass works with manufacturers to integrate GlassAI software to boost camera performance 10x resulting in sharper, more detailed images under various conditions that remain true to life with no hallucinations or optical distortions.

“At Glass Imaging we are building the future of imaging technology,” said Ziv Attar, Founder and CEO, Glass Imaging. “GlassAI can unlock the full potential of all cameras to deliver stunning ultra-detailed results and razor sharp imagery. The range of use cases and opportunities across industry verticals are huge.”

“GlassAI leverages edge AI to transform Raw burst image data from any camera into stunning, high-fidelity visuals,” said Tom Bishop, Ph.D., Founder and CTO, Glass Imaging. “Our advanced image restoration networks go beyond what is possible on other solutions: swiftly correcting optical aberrations and sensor imperfections while efficiently reducing noise, delivering fine texture and real image content recovery that outperforms traditional ISP pipelines.”

“We’re incredibly proud to lead Glass Imaging’s Series A round and look forward to what the team will build next as they seek to redefine just how great digital image quality can be,” said Praveen Akkiraju, Managing Director, Insight Partners. “The ceiling for GlassAI integration across any number of platforms and use cases is massive. We’re excited to see this technology expand what we thought cameras and imaging devices were capable of.” Akkiraju will join Glass Imaging’s board and Insight’s Jonah Waldman will join Glass Imaging as a board observer.

Glass Imaging previously announced a $9.3M extended Seed funding round in 2024 led by GV and joined by Future Ventures, Abstract and LDV Capital. That funding round followed an initial Seed investment in 2021 led by LDV Capital along with GroundUP Ventures.

For more information on Glass Imaging and GlassAI visit https://www.glass-imaging.com/

About Glass Imaging
Glass Imaging was founded by Ziv Attar and Tom Bishop, Ph.D, former Apple engineers who led the team and created the technology behind the iPhone’s Portrait Mode. Their mission is to revolutionize the quality of compact camera systems, and close the performance gap with professional DSLR and mirrorless cameras. The broader Glass Imaging team has expertise across Optical Engineering, Computational Imaging, Deep Learning and efficient Computer Vision algorithms. The team is currently developing licensable IP, including GlassAI, across novel camera architectures and software based solutions. Exploiting the power of Edge AI chips present in today’s devices, the company’s GlassAI software can be tailored for any current or new camera to deliver photo quality far exceeding those shipped by OEMs. Glass Imaging is also using this technology to enable a new class of optical hardware designs that overcome limitations of traditional camera architectures.

About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of September 30, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

SOURCE Glass Imaging

ALBUQUERQUE, N.M., May 12, 2025 — X-Bow Systems Inc (X-Bow), the leading non-traditional producer of advanced manufactured solid rocket motors (SRMs) and defense technologies, today announced the successful final closing of its Series B funding round, totaling over $105 million. The strategic portion of this round was led by Lockheed Martin with a significant investment in X-Bow Systems. To strengthen the industrial base and create mutual benefit for both companies, X-Bow and Lockheed Martin have entered into a strategic agreement allowing Lockheed Martin to accelerate X-Bow as a new independent supplier of SRMs and other services for their existing and future programs.

“We have built a highly respected ‘deep hardware technology’ company with the current Series A and B investments from our venture partners,” said Jason Hundley, chief executive officer and founder of X-Bow Systems. “This additional investment and our ongoing partnership with Lockheed Martin position us for significant growth. We are expanding our production capacity, accelerating our innovation efforts and strengthening our role as a critical independent supplier within the defense industrial base.”

“We are pleased to continue our investment in X-Bow Systems, a company developing SRM technology that aligns with our strategy to support innovative solutions that enhance our nation’s security,” said Chris Moran, vice president and general manager of Lockheed Martin Ventures. “Our follow-on investment in X-Bow Systems underscores Lockheed Martin’s dedication to advancing the aerospace and defense industry.”

Prior to this Series B raise, X-Bow established itself as a leader and innovator in the defense and aerospace sectors, demonstrated by:

• Successful Launch Services: A multi-year backlog in hypersonic component flight tests and other critical DoD mission capabilities.
• Non-Traditional SRM Industrial Base Leader: The only new company to be integrated into over 8 SRM programs across both strategic and tactical sizes.
• Technology Disruption: Utilizes a patented Advanced Manufacturing of Solid Propellant (AMSP) system with over 12 development iterations, capable of printing and flying both tactical and strategic size SRM energetic grains.
• Innovation Expertise: Producing and executing the development of the world’s only ‘mobile energetics factory,’ the revolutionary Rocket Factory in a Box^™, a rapidly deployable energetics production system that offers unprecedented flexibility for defense applications.

Fueled by private capital, X-Bow’s soon-to-open Texas energetics campus located just south of Austin, utilizes the company’s AMSP technology. Our affordable and sustainable SRM production approach allows the Department of Defense and other customers the speed and scale to counter evolving threats.

This total round included investment from Razor’s Edge Ventures, Crosslink Capital, Lockheed Martin, Balerion Space Ventures, Boeing Ventures, Bravo Victor Venture Capital, Upsher Management Company, Capital Factory Ventures, Arkenstone Capital, and Event Horizon Capital.

Union Square Advisors LLC served as exclusive financial advisor to X-Bow for this financing transaction.

About X-Bow Systems
X-Bow Systems is disrupting the aerospace industry with innovative and cost-effective advanced manufactured energetics for the solid rocket motor and launch vehicle market. X-Bow is also designing and building a suite of modular solid rocket motors and small launch vehicles for both orbital and suborbital launch services. X-Bow is led by CEO Jason Hundley, Chairman Mark Kaufman, CTO Max Vozoff, CRO Maureen Gannon, General Counsel John Leary, COO Mike Bender, CFO Hector Fernandez and a growing team of seasoned industry veterans and new space entrepreneurs. X-Bow is a dual-use technology company with investment from: Crosslink Capital, Razor’s Edge Ventures, Balerion Space Ventures, Boeing, Arkenstone Capital, The Capital Factory, Upsher Management Company, Event Horizon Capital, and Lockheed Martin Ventures. Headquartered in Albuquerque, New Mexico, X-Bow has additional presence in California, Alabama, Colorado, Texas, Utah, Maryland and Washington, DC. For more information visit XBowSystems.com.

SOURCE X-Bow Systems

New investment affirms confidence in co-founders’ leadership that brought Stash to profitability and their vision to make wealth-building accessible to all

After 10 years of growth, Stash launches Money Coach AI to translate complex investment strategies into real-time personal guidance

NEW YORK, May 12, 2025 — Stash, the revolutionary platform helping millions build financial futures, announced today that it has secured $146 million in an oversubscribed new Series H funding through a round led by Goodwater Capital, with participation from returning investors Union Square Ventures, StepStone Group, Serengeti, and the University of Illinois Foundation, as well as funds and accounts advised by T. Rowe Price Investment Management, Inc. This new capital will accelerate Stash’s mission to make expert financial guidance accessible to everyone and deepen Stash’s investment in AI to transform its financial guidance capabilities.

This latest infusion also underscores strong investor confidence in Stash’s strategy and business model under the leadership of co-founders and co-CEOs Brandon Krieg and Ed Robinson, who recently returned to Stash to lead the next phase of growth for the company. Under their leadership, Stash has achieved profitability, strengthened its core subscription model, and elevated its AI capabilities. With 1.3 million paying subscribers and $4.3 billion in assets under management, Stash continues to redefine financial inclusion – empowering everyday Americans with personalized, AI-driven financial advice at scale.

“This new funding is a resounding vote of confidence in Stash’s vision for the future of personal finance,” said Robinson. “For a decade, Stash has helped millions take control of their financial futures. Now, we’re doubling down—transforming how people save, invest, and build long-term wealth with AI-powered intelligence at the core. We’re just getting started.”

Money Coach AI: Personal Financial Advice for Everyone
The investment will accelerate product innovation, drive subscriber growth, and further develop Stash’s AI capabilities. Central to this strategy is Money Coach AI, an advanced financial guidance platform that translates expert-level investing strategies into real-time, personalized recommendations for everyday users. Since its recent launch, Money Coach AI has already reshaped how millions of Americans engage with their money and think about their personal finances. From helping customers pick their first investment to providing personalized diversification guidance, Money Coach AI helps customers get started and make saving and investing a habit that sticks.

With 2.2 million user interactions already,¹ Money Coach AI will serve as the cornerstone of Stash’s renewed commitment to help users build savings, invest consistently, and make smart financial decisions. Notably, 1 in 4 customers who interact with Money Coach AI go on to take a positive action, such as making an investment, depositing funds, diversifying, or turning on or adjusting Auto-Stash, within 10 minutes of interaction, demonstrating its tangible impact on behavior.²

“For too long, financial advice has been out of reach for everyday people,” said Krieg. “Stash’s mission has always been to change that. Now, by leveraging the power of AI, Stash is helping people take control of their money, understand their options, build real wealth, and secure their financial future, no matter where they’re starting from.”

Stash’s Next Era
The first wave of fintech focused primarily on access. Now, Stash is tackling the next challenge: delivering expert-level, personalized advice – what to do, when to do it, and how to do it. Through its scalable approach, Stash is demonstrating that AI can do more than automate; it can empower users by helping them make informed financial decisions in real-time.

“With Brandon and Ed leading the way, Stash is laser-focused on innovation, growth, and setting a new industry standard,” said Chi-Hua Chien, Founder & Managing Partner at Goodwater Capital. “Stash isn’t just using AI to enhance its platform—it’s using AI to transform how people engage with their money. The company’s momentum is undeniable, and we are proud to support this next frontier in fintech.”

A Decade of Success with the Best Yet to Come
As Stash celebrates its 10-year anniversary, the company reflects on a decade of helping millions of Americans break down financial barriers and build wealth. Now, with fresh capital, Stash is doubling down on that mission – not just the wealthy – can build and sustain long-term financial success. 

For more information about Stash, visit www.stash.com.

About Stash
Stash is a financial platform dedicated to empowering people to invest and build better lives. Stash’s plans—starting at just $3 a month—unlock access to a suite of simple, automated solutions designed to help people find security and peace of mind through saving and investing. The company’s full suite of products and services includes StashWorks, a financial wellness benefit for employers that provides guidance and easy access to short- and long-term saving; the Stock-Back® Debit Card, delivering up to 5% Stock-Back on everyday purchases^3. As of February 2025, customers who Auto-Stash have 9x  more (900%) in their accounts after one year compared to customers who don’t Auto-Stash. Stashers rely on Stash for timely education, expert advice, and clear next steps to help them grow their money and achieve lifelong goals. Learn more at www.stash.com.

Disclosures:

¹ Complete direct interactions between a user and our AI model.

² Based on Stash Internal data as of April 2025.

³ Limitations apply; 5% Stock-Back Rewards available only for qualified bonus merchants on Stash+. See Bonus Terms and Conditions. All Stock-Back^® rewards contribute to a single $10 per month cap. All rewards earned through use of the Stash Stock-Back^® Debit Mastercard^® will be fulfilled by Stash Investments LLC and are subject to Terms and Conditions. You will bear the standard fees and expenses reflected in the pricing of the investments that you earn, plus fees for various ancillary services charged by Stash. In order to earn stock in the program, the Stash Stock-Back^® Debit Mastercard must be used to make a qualifying purchase. Stock rewards that are paid to participating customers via the Stash Stock Back program, are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value. Stash Banking services provided by Stride Bank, N.A., Member FDIC. The Stash Stock-Back^® Debit Mastercard^® is issued by Stride Bank pursuant to license from Mastercard International. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Any earned stock rewards will be held in your Stash Invest account. Investment products and services provided by Stash Investments LLC and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.

This content is for educational and information purposes only. Nothing in this content should be construed as investment, tax or legal advice.

Media Contact:
Sarika Doshi
Chief Marketing Officer
[email protected]

SOURCE STASH

CHICAGO, May 12, 2025 — InvestBev, the largest private equity firm focused on the adult beverage industry and CPG, is proud to announce the closing of an eight-figure financing agreement with Registered Distillery One, a fast-growing and respected name in the bourbon industry. The capital will be used to support the company’s ongoing expansion and related growth initiatives.

This transaction arrives at a pivotal moment for the bourbon sector. While other investors pause, InvestBev continues to lead, backing high-potential operators and fueling the next phase of growth across the category.

“We feel very good about Mike Tetterton and what Registered Distillery One is doing,” said Brian Rosen, General Partner at InvestBev. “At the root of our thesis is a simple belief: independent alcohol beverage brands deserve access to smart capital and strategic support. This agreement is a direct reflection of that mission.”

Mike Tetterton, founder of Registered Distillery One, added, “We chose InvestBev Credit as the best solution for our company. They made the process easy and quick. InvestBev is a great partner for this stage of our growth.”

InvestBev Credit, the firm’s private credit arm, has already deployed nearly $30 million in 2025, helping distilleries, barrel owners, and brand operators unlock the trapped value of their aging inventory. With favorable credit terms and a deep understanding of the distillate and barrel space, InvestBev Credit has emerged as a vital financial partner—seen by many in the industry as a savior during a time when traditional lending sources remain rigid or inaccessible.

This latest agreement further underscores InvestBev’s commitment to fueling founder-led success across the three tiers of the alcohol beverage industry. Through a unique combination of equity, credit, insurance, and advisory solutions, InvestBev delivers unmatched financial and strategic support to the brands shaping the future of the category.

For more information about InvestBev and their work in supporting the adult beverage industry, please visit: http://www.Investbev.com.

About InvestBev

Founded in 2015 by Brian Rosen, InvestBev Group is a premier private equity firm in the adult beverage industry, known for its short return windows and non-correlated investment strategy. Helmed by Rosen, who is a third-generation industry veteran, InvestBev Group has raised nearly $200 million across four funds, a $100 million credit platform, and a low-cost insurance provider to distilleries. InvestBev is dedicated to supporting emerging brands and segments within the alcohol sector.

Learn more: Website | LinkedIn

Press Contact:

Shannon Duer
845-548-1211

SOURCE InvestBev

BRUSSELS and SAN FRANCISCO, May 12, 2025 — EIT Digital, a leading European digital innovation and entrepreneurial education organization, today announced a new initiative strategically aligned with the European Commission’s “Choose Europe” initiative. This collaboration aims to attract U.S.-based researchers and global entrepreneurs to Europe’s vibrant digital innovation ecosystem.

Launched on 5 May 2025 at Sorbonne University in Paris, “Choose Europe” represents a €500 million investment by the European Union, supplemented by an additional €100 million from France. The program seeks to position Europe as a global hub for scientific research and innovation, offering substantial incentives such as “super grants”, extended contracts, and relocation bonuses to international researchers, particularly those from the United States.

In response, EIT Digital has developed tailored programs to facilitate the integration of U.S. researchers, entrepreneurs and global innovators into Europe’s digital landscape.

The initiative consists of a track for researchers, led by EIT Digital Silicon Valley Foundation and a track for entrepreneurs. These include:

SPIN: Rise: A three-month hybrid pre-incubation program providing practical tools to strengthen public funding applications and develop compelling pitches for potential investors.

SPIN: Explore: A nine-hour online course offering foundational business skills and insights into transitioning innovations from the lab to the market.

Additionally, EIT Digital’s renowned Growth Services program has allocated a limited number of positions for U.S. scaleups. This initiative assists tech companies in accessing necessary funding to expand their operations in Europe through a structured approach encompassing preparation, investor connections, and fundraising support.

Early stage entrepreneurs can have access to EIT Digital’s Venture Incubation Program, a two-stage initiative, combining entrepreneurial education and venture-building support.

Federico Menna, CEO of EIT Digital, stated: “The ‘Choose Europe’ initiative presents an extraordinary opportunity to strengthen transatlantic scientific collaboration and a chance for global entrepreneurs to benefit from the European Way of Life. Our dedicated programs build on top of the European Commission’s initiative offering U.S.-based talents a privileged pathway into Europe’s digital innovation ecosystem, enabling them to contribute to solving global challenges through technology, essentially a place to land in Europe with EIT Digital.”

EIT Digital’s initiative aligns seamlessly with the European Commission’s vision of making Europe a global magnet for researchers, offering scientific freedom, stable and predictable funding opportunities, state-of-the-art facilities, and a vibrant international community of top-tier talent.

Participation in EIT Digital’s SPIN and Growth Services programs offers U.S. researchers and entrepreneurs the opportunity to join a European network of over 350 partners, including universities, research centers, and leading tech companies.

For more information on EIT Digital’s programs for U.S.-based researchers and entrepreneurs, please visit www.eitdigital.eu/globalinnovatorsforeurope

About EIT Digital

EIT Digital is a pan-European organization promoting open innovation and entrepreneurial education. Since its launch, EIT Digital has equipped more than 3,500 students with the skills to innovate and become entrepreneurs; supported more than 780 start-ups and scaleups to grow internationally, created more than 250 ventures and launched more than 540 products and services commercially.