Nominal Raises $75 Million, led by Sequoia Capital, to Modernize Hardware Testing

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

VectorWave Raises $2.5M to Redefine the Potential of the Electromagnetic Spectrum

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

Olyzon Secures $5M to Accelerate U.S. Growth of Agentic AI Platform for CTV Advertising

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, 2025Olyzon, 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

AUSTRALIA-FOUNDED OTHELIA TECHNOLOGIES EXPANDS TO U.S. AND NAMES SCOTT GREENBERG EXECUTIVE CHAIRMAN

Alexandra Hooven Appointed Chief Growth Officer, Joining CEO Kate Armstrong-Smith, CTO Joe Couch and Greenberg as Company Moves to Build Story Design and Management Platform for Creative Community

With Early Backing from Lead Investor ALIAVIA Ventures, Othelias Flagship Tool, Storykeeper, Set for Fall Beta Launch

LOS ANGELES, June 11, 2025Australia-founded story design and management platform Othelia Technologies has named Emmy Award-winning producer and entrepreneur Scott Greenberg (Bento Box Entertainment) as Executive Chairman and Co-Founder. Greenberg joins the company as both a strategic investor and advisor, and will oversee corporate strategy and industry partnerships as Othelia expands its platform as the foundational layer for story-driven IP management. 

Othelia was founded by Sydney-based Chief Executive Officer Kate Armstrong-Smith and Chief Technology Officer Joe Couch, who identified a need among creators and producers for an intelligent digital framework that bridges creative vision and human storytelling to collaborative agentic tools that develop, refine and scale narratives.

As part of its growth strategy, Othelia has expanded to the U.S. with new Los Angeles headquarters that will be run by Alexandra Hooven, who has joined the company as a Co-Founder and Chief Growth Officer. She will oversee Othelia’s product development and rollout to the creative community in the U.S. and globally.

Othelia’s flagship tool, Storykeeper, will launch in beta this Fall. Accessible to individual content creators and studio teams within film, television, social and gaming, its proprietary semantic model treats narrative text as structured data – bringing key story elements such as plot, characters, themes, timelines and world rules into one secure, interconnected platform. As stories grow in size and complexity, Storykeeper tracks all narrative connections, contradictions and cascading revisions across evolving drafts, enabling users with valuable efficiency, real-time control and clear visibility into the shape and scope of their IP.

All creative data housed on Othelia is fully owned and controlled by the user, with no data ever repurposed to train generative models. Users can apply for early access to Storykeeper’s beta at Othelia.co.

Over the last year, Storykeeper has been in alpha with a number of major studios and global streamers that have acted as collaborative design partners on the tool. Looking ahead, Othelia will grow into a foundational platform with additional tools that will further facilitate the structuring and management of creative data throughout the entire production lifecycle – from early development to distribution and other forms of post-premiere monetization.

“Throughout my career, I’ve seen first-hand how the right systems and technology can transform efficient production without compromising creativity,” said Greenberg. “In Othelia, Kate and Joe have built a powerful platform that complements the human creativity, intelligence and emotion required for storytelling and worldbuilding. Othelia gives creatives and studios the infrastructure to nurture, scale and protect the asset that audiences care about most – stories; and I’m looking forward to working with them and Alex as we introduce Othelia as an invaluable partner to the industry.”

Armstrong-Smith and Couch jointly added, “Everyone wants to create amazing stories, but creative teams still face countless narrative decisions and challenges from idea to distribution, despite increasing digitalisation of production workflows. We’re excited about how Storykeeper can help the industry continue to astound audiences with their vision. With Scott’s sharp business acumen and Alex’s expertise, we’re thrilled about Othelia’s future as technology and entertainment further converge, spurring even more collaboration and creativity.”

“Everyone today is chasing faster creative output – generate a pitch, a scene, a visual. But speed without structure just creates more noise,” said Hooven. “The result is a wave of disparate content, with little staying power. What separates enduring stories isn’t just craft – it’s cohesion, intentionality and the ability to evolve without losing meaning. That’s what we’re building toward with Othelia and Storykeeper.”

Othelia has secured early backing from lead investor ALIAVIA Ventures, a California-based venture capital firm, and a syndicate of angel investors that includes producer Deanne Weir, former Sydney Film Festival Chair and Deputy Chair of Screen Australia, and Clarence Capital Partners, among others.

ABOUT OTHELIA TECHNOLOGIES
Othelia Technologies is a next-gen story design and management platform that assists users in the curation and control of their intellectual property and rights throughout the story creation process – from development, scripts, notes, source materials and storyboards to production. Founded by a team with decades of combined experience in storytelling, production and emerging technology, Othelia is building the creative infrastructure behind the next generation of stories. Its flagship product, Storykeeper, helps creators and producers structure and manage complex narrative worlds – from first draft to multi-title franchise. By treating story as structured data, Othelia and Storykeeper bring clarity, continuity and creative control to even the most ambitious storytelling. The company is based in Los Angeles with offices in Sydney, Australia. More information on Othelia can be found at othelia.co.

About Othelias Co-Founders
Scott Greenberg most recently was Co-Founder and CEO of the Emmy-winning animation studio Bento Box Entertainment, which was acquired by Fox Entertainment in 2019. There, he oversaw all business and operational facets of the company that produces such programs as “Bob’s Burgers” for Fox, Prime Video’s hit musical comedy “Hazbin Hotel,” “Paradise PD” for Netflix and Apple TV’s “Central Park,” among others. Greenberg also co-founded and served as CEO of Blockchain Creative Labs (BCL), which marked Fox Corporation’s entrance into the next-gen space. Moreover, he spearheaded Bento Box’s international expansion by partnering with Melbourne-based Princess Pictures to launch Princess Bento Studio and crafting a multi-year production services agreement with Dublin-based Boulder Media.

Before launching Bento Box in 2009, Greenberg was President and Chief Operating Officer of Film Roman and Executive Vice President of Production at Starz Media. In these roles, he oversaw the day-to-day operations of Film Roman, including its content development, production services, original production, distribution and brand management. He is a member of The Producers Guild of America, The Television Academy and Young Presidents’ Organization. 

Prior to Othelia, Kate Armstrong-Smith was an award-winning creative producer and dramaturg with two decades of experience in cultural strategy and media asset management. Her career spans film, television, theatre and digital media, during which she pioneered new formats of content storytelling working with international institutions, including the Sydney Festival, National Opera de France, Adelaide Arts Festival, TEDxSydney, Sydney Opera House and the ABC. Her audience development programs won the Ruby Award and earned her a Churchill Fellowship from The Winston Churchill Trust, which led her to devise cultural programs with National Theatre of Britain, Brooklyn Academy of Music (BAM), Gare des Mines Paris, St. Ann’s Warehouse and LACMA. She holds an MBA in Screen Business from the Australian Film, Television and Radio School (AFTRS), where she developed her thesis on the protection and valuation of cultural IP.

Joe Couch is a trailblazer in narrative complexity, redefining long-form storytelling and innovative storyworld design. He has advised top studios and production companies on their development challenges and collaborated with new media and gaming companies on interactive narratives, presenting his groundbreaking insights at such prestigious venues as the Sydney Opera House. With experience in global management consulting, he has helped blue-chip companies navigate the transition to Digital 2.0. As a virtual reality engineer, Couch developed the calibration algorithm for the world’s largest panoramic VR camera at the time. He began his career as one of the youngest directors at the Sydney Theatre Company and Belvoir St. Theatre, where he brought fresh, personal interpretations to classic plays.

Most recently, Alexandra Hooven served as Director of Product Strategy at BCL, where she worked closely with Greenberg. There, she led the development of Tubi’s Stubios platform and oversaw product strategy for Fox’s Verify Tool, a blockchain protocol for AI usage rights and content authentication. Additionally, she spearheaded partnerships with leading AI content creation technology companies, driving innovation and positioning Fox as an early adopter of transformative technologies. Before that, she was at Rally, the web3 platform that enabled artists to launch their own social tokens and build digital economies, for which Hooven served as the primary liaison for global talent agencies, record labels and cultural entities. Hooven also was the inaugural hire for United Talent Agency’s Culture and Entertainment division, where she spearheaded program development and forged media and talent partnerships with Google, Lyft and LinkedIn.

CONTACT:
Les Eisner
[email protected]
+1 310-779-5605

SOURCE Othelia Technologies

T.D. Williamson informuje o strategicznej inwestycji Funduszy Apollo

TULSA, stan Oklahoma, 11 czerwca 2025 r. — Spółka T.D. Williamson („TDW”), światowy lider w dziedzinie technologii i usług związanych z infrastrukturą rurociągową, poinformowała dzisiaj o strategicznej inwestycji funduszy zarządzanych przez Apollo (NYSE: APO) („Fundusze Apollo”). SCF Partners, prywatna firma inwestycyjna z siedzibą w Houston, specjalizująca się w inwestycjach w sektorze energetycznym i infrastrukturalnym, która przejęła TDW w czerwcu 2022 r., zachowa większościowy udział w spółce.

Firma TDW jest liderem w branży konserwacji i integralności rurociągów od ponad 100 lat. Przedsiębiorstwo oferuje kompleksowy zestaw rozwiązań w zakresie konserwacji i optymalizacji aktywów, które zwiększają bezpieczeństwo, niezawodność i wydajność przez cały cykl życia infrastruktury rurociągowej. Ten uznany lider technologiczny jest właścicielem ponad 500 zarejestrowanych patentów, w tym innowacyjnych rozwiązań w zakresie zaawansowanej izolacji, zintegrowanego czyszczenia rurociągów, oceny integralności i napraw na miejscu – stosowanych zarówno w infrastrukturze, jak i u odbiorców końcowych usług komunalnych.

Bob McGrew, dyrektor generalny firmy TDW, powiedział: „Spółka TDW dokłada wszelkich starań, aby dostarczać najlepsze w swojej klasie zróżnicowane pod względem technicznym rozwiązania, które zaspokoją zmieniające się potrzeby operatorów infrastruktury rurociągowej o strategicznym znaczeniu. Inwestycja Funduszy Apollo, wraz z naszą dotychczasową współpracą z SCF Partners, stanowi kolejną ważną odsłonę w historii naszej działalności, w ramach której nieustannie inwestujemy w zaspokajanie potrzeb naszych klientów poprzez innowacje i rozszerzanie zasięgu działalności na całym świecie”.

Scott Browning, wspólnik Funduszy Apollo, dodał: „Firma TDW może poszczycić się wieloletnim doświadczeniem w zakresie innowacji i obsługi klientów w całym łańcuchu wartości branży rurociągowej. Z niecierpliwością czekamy na możliwość wsparcia kierownictwa TDW i SCF w przyspieszeniu strategicznych inicjatyw rozwojowych, które przyczynią się do poprawy bezpieczeństwa, niezawodności i skuteczności infrastruktury energetycznej, pomagając zaspokoić światowe zapotrzebowanie na energię”.

„Od ponad wieku TDW zajmuje czołową pozycję w dziedzinie integralności rurociągów i innowacji – skomentowała Deviyani Misra-Godwin, dyrektorka zarządzająca SCF. – Na przestrzeni ostatnich trzech lat byliśmy świadkami imponującego rozwoju spółki, która rozszerzyła portfolio technologii i produktów, pogłębiła relacje z klientami oraz utrzymała pozycję lidera w zakresie bezpieczeństwa i doskonałości operacyjnej. To dla nas zaszczyt, że możemy kontynuować współpracę z światowej klasy zespołem TDW i cieszymy się, że Fundusze Apollo będą pełnić rolę strategicznego partnera w kolejnym rozdziale naszej historii rozwoju”.

Spółki TDW i SCF Partners były reprezentowane przez kancelarię Vinson & Elkins LLP, natomiast Fundusze Apollo korzystały z usług kancelarii Kirkland & Ellis LLP.

T.D. Williamson

T.D. Williamson („TDW”) świadczy usługi dla sektorów gromadzenia, przesyłu i dystrybucji w branży rurociągowej, oferując szeroki wachlarz produktów i usług na całym świecie, w tym zaawansowane rozwiązania w zakresie izolacji, zintegrowanego czyszczenia rurociągów, oceny integralności i napraw. Dzięki zastosowaniom zarówno na lądzie, jak i na morzu oferuje ona szeroki zakres usług w zakresie konserwacji rurociągów i optymalizacji aktywów. Spółka utrzymuje wieloletnie relacje z operatorami rurociągów, które trwają przez cały okres eksploatacji rurociągu. Więcej informacji można znaleźć na stronie www.tdwilliamson.com.

Apollo

Apollo jest dynamicznie rozwijającym się międzynarodowym podmiotem zarządzającym aktywami alternatywnymi. Spółka stara się zapewnić swoim klientom ponadprzeciętną rentowność w każdym punkcie spektrum ryzyka i zysku, od kredytów inwestycyjnych do funduszy typu private equity. Od ponad trzydziestu lat nasze doświadczenie inwestycyjne obejmujące w pełni zintegrowaną platformę przyczynia się do uzyskiwania finansowego zwrotu z inwestycji naszych klientów. Zapewniamy firmom innowacyjne rozwiązania kapitałowe ukierunkowane na wzrost. Za pośrednictwem Athene, firmy oferującej usługi w zakresie planów emerytalnych, specjalizujemy się we wspieraniu naszych klientów w uzyskaniu stabilności finansowej poprzez pakiet oszczędnościowych produktów emerytalnych i działanie w charakterze dostawcy rozwiązań dla klientów instytucjonalnych. Nasze cierpliwe, kreatywne i kompetentne podejście do inwestowania łączy klientów, firmy, w które dokonywane są inwestycje, naszych pracowników i społeczności, na które mamy wpływ, w celu poszerzania możliwości i osiągania pozytywnych rezultatów. Na dzień 31 marca 2025 r. firma Apollo zarządzała aktywami o wartości około 785 mld USD.  Szczegółowe informacje znajdują się na stronie www.apollo.com.

SCF Partners

Założona w 1989 roku firma SCF udostępnia kapitał własny i zapewnia strategiczne wsparcie w zakresie rozwoju, z myślą o budowaniu i rozwijaniu czołowych spółek z branży usług energetycznych, sprzętu i technologii, które prowadzą działalność na całym świecie. SCF zainwestowała w ponad 80 spółek platformowych, dokonała ponad 370 dodatkowych przejęć i doprowadziła do wejścia na giełdę 18 spółek z branży usług energetycznych i produkcji sprzętu. Siedziba firmy znajduje się w Houston w Teksasie, a jej biura są zlokalizowane w Aberdeen i Australii. Więcej informacji można znaleźć na stronie www.scfpartners.com.

KONTAKT: 
Kat Eaton
kierownik wyższego szczebla ds. komunikacji marketingowej T.D. Williamson 
e-mail: [email protected]

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CDS International and Greenwall Capital Management Secure $70 Million Mortgage Loan for Worthing Place, Delray Beach, Florida

DELRAY BEACH, Fla., June 11, 2025 — CDS International Holdings (CDS) and Greenwall Capital Management (Greenwall) announce the successful closing of a $70 million mortgage loan on Worthing Place, a luxury multifamily community located on Atlantic Avenue, in Delray Beach, Florida. The asset was acquired in an all-cash transaction in November 2023. 

Worthing Place, a 217-unit Class A apartment community, offers residents boutique living directly on Atlantic Avenue just blocks from the beach. The loan, which closed on May 30th, was provided by Bank of America and marks a significant step forward in the continued optimization of the asset. The new financing will allow ownership to strategically position the property for future growth.

“This financing is a significant step forward in the realization of our long-term vision for Worthing Place,” said Bill Milmoe, President of CDS. “We acquired this asset with the intention of maintaining the best residential community on Atlantic Avenue and this financing improves our ability to do just that.”

Greenwall, which leads the asset management of Worthing Place, played a key role in structuring and negotiating the transaction.

“Securing $70 million in financing for Worthing Place is a testament to the strength of the asset and the performance of our team,” said Jack Henry Kapp, Managing Partner of Greenwall. “We’re grateful to Bank of America for their confidence in the property and our platform.”

Kapp Morrison, long-time legal counsel for CDS, represented the borrower and Holland & Knight represented Bank of America.

About CDS International Holdings
CDS International Holdings (CDS) is a private diversified investment firm, the family office of the late Carl DeSantis. Carl was the founding shareholder of Celsius energy drinks (Nasdaq CELH). Based in South Florida, CDS invests across real estate, private equity, and venture capital with a long-term, entrepreneurial approach. In addition to Celsius, CDS is also a founding shareholder of Tabañero, an award-winning hot sauce manufacturer. (https://www.cdsholdings.com/)

About Greenwall Capital Management
Greenwall Capital Management (Greenwall) is a real estate private equity firm focused on value creation through active asset management and strategic capital deployment in real estate with enduring value. The firm targets and manages investments across multiple product types including multi-family, retail, office, industrial, hospitality, and development throughout various regions in the US with a particular focus on Florida. (https://www.greenwallcap.com/)

Media Contact: [email protected]

SOURCE Greenwall Capital Management

Coco Robotics Raises $80M to Expand Autonomous Delivery and AI Platform

Funding to Accelerate Global Footprint as Coco Scales Toward 10,000 Vehicles by 2026 – the world’s largest autonomous delivery fleet

LOS ANGELES, June 11, 2025 — Coco Robotics, the leading autonomous vehicles company for delivery, today announced $80 million in strategic financing to further advance its AI platform, scale its fleet, and grow enterprise partnerships. The funding includes returning investors Sam and Max Altman, Pelion, Outlander, and SNR, as well as new participation from Offline, DeepWater, and Ryan Graves, formerly Senior Vice President of Global Operations at Uber and now CEO of Saltwater.

This capital accelerates Coco’s momentum as it builds on a proven, reliable model that already works at scale. The company has already completed over 500,000 zero-emission deliveries across major U.S. cities like Los Angeles, Chicago, and Miami, as well as in Helsinki, its first European market. Built around a capital-efficient approach to real-world autonomy, Coco is now expanding to more U.S. markets while continuing to grow its international presence. With thousands of vehicles expected to be deployed by the end of 2025, Coco is on track to operate the largest autonomous vehicle fleet in the world.

“We’ve been very intentional about building technology and a business model based on unit economics that work today – not five years down the road,” said Zach Rash, CEO and Cofounder of Coco Robotics. “We’re now at the forefront of applying AI to solve real, everyday problems in urban logistics, and this funding helps us move faster – from advancing our AI platform to expanding our fleet globally.”

Coco is transforming urban logistics with its AI-driven fleet of autonomous robocouriers, designed to make deliveries more efficient, affordable and reliable while also cutting down on traffic and emissions. With established partnerships across platforms like Uber and DoorDash, Coco offers cost-effective, scalable solutions that reimagine how goods move through cities. As demand grows for more dependable and economically sustainable logistics, Coco is well-positioned to expand enterprise partnerships to meet the evolving needs of urban delivery. 

“During my time scaling global ops at Uber, I saw firsthand how hard it is to build logistics systems that work at scale,” said Ryan Graves, CEO of Saltwater and former SVP of Global Operations at Uber. “What impressed me about Coco is their grounded, capital-efficient approach to real-world autonomy. They’re solving some of our most challenging problems for businesses, consumers, and cities today that will define our culture tomorrow.” 

About Coco Robotics
Coco Robotics is the world’s largest urban robot delivery platform. Founded in 2020, Coco has completed over 500,000 zero-emission deliveries, serving customers in the US and Europe. Coco’s mission is to create a more sustainable, reliable, and affordable last-mile logistics solution in cities around the world. For more information about Coco, visit cocodelivery.com  

SOURCE Coco Robotics

Farsight Raises $16M in Funding, Announces Series A to Automate Financial Workflows and Decision-Making

Led by SignalFire, Farsight will use this round of funding to build on its innovative agent technology, powering revolutionary use cases and partnerships across the financial services sector

NEW YORK, June 11, 2025 — Farsight, the pioneering technology company transforming workflows and insights at financial institutions, today announced its Series A fundraise and $16M in capital raised. Working with leading firms across investment banking, private equity, hedge funds, and wealth management, Farsight empowers companies to automate and customize workflows, seamlessly add integrations, and develop bespoke features tailored to their enterprise-specific challenges.

This round was led by SignalFire, with participation from RRE Ventures, Link Ventures and K5 Ventures as well as contributions from many strategic angel investors at firms including Blackstone, Oaktree, Searchlight, Bank of America and more. The funding will be used to continue advancing Farsight’s industry-leading solution and rapidly scale its team, while expanding its network of partners and customers.

Co-founded by MIT graduates Samir Dutta, Noah Faro, and Kunal Tangri, Farsight is reimagining how financial institutions operate—tackling not just inefficiency, but enabling sharper execution and unlocking new business opportunities. Although some estimates show that over 40% of finance tasks could be automated, many junior and mid-level employees continue spending time on manual, repetitive work. This inefficiency delays the creation of valuable insights and prevents teams from focusing on strategic decision-making.

“Finance has been trapped in an endless cycle of inefficient processes that waste billions annually and contribute to high employee turnover,” said Samir Dutta, Co-Founder and CEO of Farsight. “At Farsight, we’re solving a systemic problem—not just by automating tasks like CIM generation and DCF modeling to boost productivity and accuracy, but by empowering teams to execute faster, seize more opportunities, and bring more strategic value to the table. By freeing talent from the drudgery of manual work and surfacing new actionable ideas, we enable firms to operate with greater agility, win more deals, and scale intelligently.”

Farsight’s technology stands apart due to its ability to execute complex workflows directly within the existing behavior patterns of users. The outcomes speak for themselves: in 2024, Farsight experienced record growth, with revenue increasing tenfold and the customer roster expanding 5x.

“As recovering investment bankers ourselves, we immediately saw the power of Farsight to save countless all-nighters,” said Wayne Hu, Partner at SignalFire. “Samir, Noah, and Kunal combine a unique blend of AI, security and trust, and deep user empathy themselves to build the end to end workflow, datasets, and controls needed to actually bridge the last mile problem for analysts across the finance sector and generate the self-reinforcing feedback loops to continually improve.”

Media Contact:
Steve Hirsch
Hirsch Leatherwood
[email protected]
914-844-4978

About Farsight
Farsight is on a mission to revolutionize financial workflows and help firms better compete by providing the industry’s first AI-powered strategic and automation platform that works directly within users’ existing behavior patterns. Farsight serves leading institutions across the investment banking, private equity, hedge fund, and wealth management fields.

Farsight is based in New York City. For more information, visit https://farsight-ai.com/.

About SignalFire
SignalFire is the first VC firm built like a technology company to better serve the needs of founders as they build and scale their startups. With approximately $3B in assets under management, SignalFire invests in applied AI companies from pre-seed to Series B in key sectors, including healthcare, cybersecurity, infrastructure, consumer, and other enterprise verticals. Learn more at www.signalfire.com.

SOURCE Farsight

MoviePass Founder Stacy Spikes Headlines $100K Startup Competition at LA Tech Summit

“Power Forward” connects high-growth startups in $847B sports, entertainment and real estate tech markets with active investors

LOS ANGELES, June 11, 2025Equity Angels — an entrepreneurial support organization dedicated to fostering fair access to opportunity — announced Power Forward, a tech investment summit launched in partnership with Twenty Five Ventures and Distinct Concierge. This inaugural event brings together high-potential startups and active investors in the rapidly expanding sports, entertainment and real estate technology markets.

Stacy Spikes, founder of MoviePass and bestselling author of “Black Founder: The Hidden Power of Being an Outsider,” will headline the July 14 event at the Fairmont Century Plaza. The summit features a $100,000 funding competition where selected startups compete for a Special Purpose Vehicle funded by Twenty Five Ventures and other participating investors.

The event addresses a significant market opportunity: while sports tech, entertainment tech, and proptech represent an $847 billion combined market, less than 2% of venture funding reaches founders from underrepresented backgrounds in these high-growth categories.

“The numbers are clear — these markets hold massive untapped potential. Power Forward gives us direct access to founders building the next wave of companies in areas where we’re already investing,” stated Maximillian Diez, General Partner at Twenty Five Ventures.

Unlike traditional networking events, Power Forward operates as an interactive investment summit. Startup applicants undergo a rigorous selection process and pitch directly to a curated group of active investors and strategic partners. Companies already confirmed include PairGap, Reeku, Convierge, Chambr, Goby Homes, ARKI, Free Agent, Sengo, Rely, Kahlab, Breadcrumb and Wauvea.

Participating companies represent three key categories:

  • Sports Technology: Analytics platforms, fan engagement tools and athlete performance systems
  • Entertainment Technology: Content creation platforms, distribution networks and audience monetization tools
  • Real Estate Technology: Accessibility solutions, financing platforms, enhanced user experience and property management innovations

“This isn’t about checking boxes. It’s about identifying the best investment opportunities in high growth markets. Through Power Forward, we’re creating a vital ecosystem where incredible innovation from founders who traditionally haven’t had access to capital are seen,” remarked Katherine Winston and Kenya Burrell-VanWormer, Co-Founders and Managing Partners of Equity Angels, in a joint statement.

Beyond Spikes’ keynote on building resilient companies in competitive markets, the summit features industry leaders including:

  • Patrick Lee, Co-Founder of Rotten Tomatoes and Fanverse
  • Thai Randolph, Co-Founder of HARTBEAT and Interim CEO of Rock the Bells
  • Craig D’Cruze, COO of Inverted Ventures
  • Simon Chen, CEO of Arrival Home Loans
  • c. Craig Patterson, Award-Winning Filmmaker
  • Ted Schilowitz, Technology Futurist

Panel discussions will cover the $84 trillion wealth transfer reshaping investment patterns, the impact of AI on content creation and monetization, new approaches to homeownership accessibility and emerging opportunities in women’s sports.

Event Details

What: Power Forward Summit
When: July 14, 2025
Where: Fairmont Century Plaza, Los Angeles
Format: Investor roundtables, main stage presentations, $100K funding competition

The summit is invitation-only for investors and startups. Ecosystem partners may register at www.equity-angels.com/power-forward.

SOURCE Equity Angels