The $35M Series A round comes just four months after Echo announced its $15 million seed round, bringing total funding to $50 million

NEW YORK, Dec. 16, 2025 — Echo, the leader in AI-powered secure software infrastructure, today announced it has raised $35 million in Series A funding led by N47, with participation from Notable Capital, Hyperwise Ventures, and SentinelOne’s S Ventures. Echo is already securing production workloads for enterprise customers like Varonis, EDB, and UiPath.

Nearly all modern cloud applications are built on container base images, which expose companies to significant security risks. According to Echo’s research, official Docker images like Python, Node.js, and Go each contain well over 1,000 known vulnerabilities.

“Studies consistently show that more than 90% of container vulnerabilities originate from the base image layer rather than application code,” said Eylam Milner, co-founder and CTO of Echo. “This means enterprises with thousands of cloud services inherit millions of security issues before their engineers write a single line of code.”

Echo solves this with CVE-free container base images that are built from scratch to eliminate vulnerabilities at the source. Rather than trying to fix vulnerable open-source images, Echo reconstructs them with only essential components. These hardened images are drop-in replacements for standard Docker images.

Echo uses purpose-built AI agents that autonomously create container images from scratch and maintain them as new CVEs emerge – automatically researching the vulnerability, identifying affected images, finding or developing fixes, applying patches, and creating a pull request for human review. This AI-driven approach enables Echo’s team of 35 to maintain more than 600 secure images, which would require hundreds of engineers using traditional methods.

“AI agents now write more code than humans, while bad actors use AI to compress exploit windows from weeks down to hours,” said Moshe Zilberstein, General Partner at N47. “This AI-versus-AI arms race makes manual vulnerability management obsolete. Echo is building what every Fortune 1000 company needs: an AI-native OS that’s secure-by-design.”

Echo was founded by Eilon Elhadad and Eylam Milner, vets of Israel’s elite 8200 technology unit. Their previous software supply chain security company, Argon, was acquired by Aqua Security for $100M just a year after its founding.

SOURCE Echo Software Ltd.

The environmentally focused startup will use the raise to invest in building a stock market for chips, growing the leadership team and expanding global presence

RICHMOND, Va., Dec. 16, 2025 — Mobius Materials, the safe spot market for semiconductors, has closed a $3M Series Seed financing round in order to bring liquidity, quality control and price transparency to the secondary semiconductor market. Mobius’ Series Seed round was led by Spero Ventures, an early stage VC fund focused on purpose led companies. Additional investors include Outsiders Fund and RefashionD Ventures. The funds raised will make a significant investment in the platform which connects buyers and sellers, build out the Mobius leadership team and ultimately position the company for fast track growth to reach new customers and global markets.
Mobius is solving a $25B problem that is only getting worse as tariffs and geopolitics make semiconductors one of the most volatile industries in the world. Despite more than $600B of chips sold annually, there is nowhere for manufacturers to trade chips besides rigid direct, distributor purchasing or a massive gray market. As forecasts change or tariff volatility hits, manufacturers are either left with large stocks of excess chips or shortages of critical ones. Mobius is used by hundreds of contract manufacturers and OEMs to directly buy and sell excess electronic parts quickly, safely and at market prices.

For Mobius’ Founder and CEO, Margaret Upshur, the mission is not just economic, it’s environmental. A former supply chain executive at an electronics OEM, Upshur was dismayed to have to throw away hundreds of thousands of dollars of new chips that were no longer used in their products, all of which could have been sold.

“We’re building the first stock market for semiconductors so companies can finally buy and sell components the way they should: transparently, safely, and at true market prices,” says Upshur. “This raise and our partnership with Spero will help us scale our marketplace so supply-chain teams can achieve real liquidity in an industry that’s been stuck with rigid purchasing, constant supply shocks and quality risks.”
Mobius will use the new funding to accelerate development of its platform, including the upcoming launch of its e-auction platform, which allows manufacturers to reach thousands of qualified buyers, improve returns, often by up to three times traditional broker rates-and close transactions in weeks instead of months. The raise will also support continued team expansion, following recent leadership hires in engineering and customer experience, with a search underway for a Head of Operations. In addition, Mobius has filed a patent for its machine-learning–based system for authenticating the quality of electronic components.

“Chips power nearly every device we rely on, yet the secondary market remains opaque and inefficient. Mobius is building a trusted marketplace that delivers transparency, liquidity, and quality control,” said Shripriya Mahesh of Spero Ventures. “We’re proud to support Margaret and her team as they create a more resilient and sustainable future for global manufacturing.”

A robust secondary market has never been more important for the $630B semiconductor industry. Geopolitical tensions, a brittle and very long supply chain, and a robust gray market have combined to mean that the semiconductor industry is one of the most volatile in the world. Meanwhile it is incredibly crucial, not just for consumer electronics and national defense but for every sector imaginable. Chips make up 40% of the cost of a car, 66% of the cost of consumer electronics and 65% of the cost of AI development. Allowing quick, safe and floating price buys on a spot market dampens the extreme shocks of the industry and allows manufacturers to keep producing even when chips hit shortages or gluts.

As tariffs continue to rage, Mobius also helps to strategically connect buyers with sellers and reduce the impact of the tariffs. Sellers who already have imported their chips before the trade tariffs have been imposed can sell to buyers pinched by the new costs of import for example. Upshur and her team anticipate that there will continue to be changes in tariffs internationally and are ready to respond, creating a flexible source for their customers.

MOBIUS MATERIALS

Mobius Materials, the safe spot market for semiconductors, is a certified B2B marketplace bringing liquidity, quality control and price transparency to the secondary semiconductor market. Backed by rigorous testing and vetted suppliers—including OEMs and contract manufacturers—Mobius delivers 10–70% savings on parts, access to rare inventory, and fully authenticated components shipped in under two weeks. Manufacturers can recover value for their unused stock and have true inventory flexibility.

Founded in 2021, based in Virginia, with global operations spanning Asia, Europe, and the Americas, Mobius is on a mission to tackle a $25 billion problem—reducing waste and improving supply chain resiliency for industries like consumer electronics, healthcare, and industrial systems.

Through unmatched customer service, rapid lead times, and a mission-driven approach to sustainability, Mobius Materials is reinventing how chips get bought and sold.

For more information, visit mobiusmaterials.com

Media Contact: [email protected]

SOURCE Mobius Materials

New funding will accelerate the rollout of universal, intelligent, portable water-making systems built with aerospace-grade engineering

HAWTHORNE, Calif., Dec. 16, 2025 — Vital Lyfe, the company redefining water access through scalable, personal water-making technology, today announced it has raised $24 million, consisting of over $18 million in seed funding and the remainder in committed debt financing. The round, led by Interlagos and General Catalyst, with participation from Generational Partners, Cantos, Space VC, and Also Capital, will accelerate manufacturing, expand field deployments, and advance the company’s path to market ahead of its first consumer-ready products launching in 2026.

Founded by previous SpaceX engineering leadership, Vital Lyfe’s systems apply aerospace precision and systems thinking to water production, enabling users to create filtered water anywhere on Earth. Built for resilience and autonomy, the product suite is designed to operate across a wide range of environmental conditions, supporting use cases that traditional water infrastructure cannot reach – including marine environments where desalination is the hardest challenge. This foundation allows the company to address both immediate field needs and long-term global demand for decentralized, reliable water access.

“This funding is a major milestone in our mission to bring clean water directly to the people and organizations who need it most. For too long, clean water access has been constrained by outdated, centralized infrastructure. With this funding, we have the resources to accelerate our roadmap and work towards scaling a new technology – one that puts reliable, on-demand water generation in the hands of communities everywhere,” said Jon Criss, CEO and Founder of Vital Lyfe.

The limitations of existing water infrastructure present a clear need and opportunity for reinvention in the market. Vital Lyfe is meeting that moment by introducing a platform engineered to perform independently of grids and fixed systems, creating a new category of autonomous, on-demand water production. With a founding team steeped in advanced design and systems engineering built for the most rugged terrain, Vital Lyfe holds the expertise and capability to expand the water market beyond traditional architectural standards on a global scale.

“This raise gives us the momentum to transition from validated prototypes to scaled production and real-world impact,” said Andrew Harner, COO and Founder of Vital Lyfe. “We’re building technology that is resilient, adaptable, and capable of transforming how communities access water without waiting for infrastructure to catch up. Our goal is simple but ambitious: clean water on demand, anywhere.”

The company is currently expanding its early deployments, working closely with maritime groups, NGOs, and off-grid users to validate performance across diverse, high-stakes environments. These partnerships are helping refine system durability, optimize field readiness, and guide the roadmap for broader distribution.

“Jon Criss and Andrew Harner are some of the best referenced founders we’ve come across,” said Grant Gregory, General Partner at Cantos. “It’s rare to find exceptional engineers that also have so much experience scaling manufacturing and driving commercialization. We spent considerable time evaluating various companies building in this space, and as soon as we met them we knew this was the team that was going to make this happen.”

Vital Lyfe’s technology demonstrates what’s possible when best-in-class engineering meets real-world challenges. Designed with adaptability in mind, the platform hints at a broader suite of capabilities yet to come, signaling a fundamental shift in how water access will be delivered worldwide.

About Vital Lyfe
Vital Lyfe is redefining how the world thinks about water access. Founded by former SpaceX engineers Jon Criss and Andrew Harner, the company builds portable, universal water-making systems that turn virtually any naturally occurring source — including seawater — into purified water anywhere on Earth. Vital Lyfe’s mission is simple: Water Without Limits.

Visit www.vital-lyfe.com to join the mission.

Media Contact
Relativity Ventures
[email protected]

SOURCE Vital Lyfe

The fund will focus on the small and mid-market, granting investors access to top-tier GPs

NEW YORK, Dec. 16, 2025 — J.P. Morgan Asset Management’s Private Equity Group (“PEG”) today announced the closing of its 12^th flagship fund, PEG Global Private Equity XII (“GPE XII”). GPE XII closed above its $1.25 billion target at $1.44 billion.

“We are pleased to announce the close of PEG Global Private Equity XII, reflecting strong investor demand for our flagship small and mid-market strategy,” said Ashmi Mehrotra, Global Co-Head of J.P. Morgan Asset Management’s Private Equity Group. “Our team’s longstanding experience and general partner (“GP”) network allows us to continue to source compelling opportunities with strong growth potential across diverse sectors and geographies.”

The fund will be globally diversified across buyout and early-stage venture capital strategies through primary investments, secondaries, and co-investments. The Group’s prior flagship fund, PEG Global Private Equity XI, closed at $1.28 billion in 2024.

J.P. Morgan Asset Management’s Private Equity Group is a longstanding investor with over four decades of experience, managing $36 billion in assets on behalf of global institutional and private wealth clients. The team has been an active strategic partner to a proprietary network of 250+ private equity sponsor relationships, creating a robust co-investment sourcing engine. The team offers investors various entry points to the platform, including a range of commingled strategies and customized mandates. PEG recently announced the close of its second dedicated co-investment fund, PEG Co-Investment Fund II (“COIN II”), above its $750 million target at $1 billion.

About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $4 trillion as of September 30, 2025, is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information: www.jpmorganassetmanagement.com.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.6 trillion in assets and $360 billion in stockholders’ equity as of September 30, 2025. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. 

SOURCE J.P. Morgan Asset Management

The relationship began in 2023, when Desmond, then twenty years old, and recently dropped out of college, sent the creator of Founders Row, Jamie Weeks, formerly the largest Orangetheory Fitness franchisee and the founder of Sweathouz (SWTHZ), a direct message that said: “I’m 20 years old, dropped out of college, and have listened to all your podcasts. I’ve got a small food truck business and need to be pointed in the right direction. Would you take time to listen?” Weeks agreed, took the call, and stayed connected as Desmond refined the earliest version of Hot Box Pretzels.

Hot Box Pretzels has grown into a modern pretzel brand that began with Desmond’s pretzel food truck just three years ago and has already been spotlighted on a national stage on the second season of Gordon Ramsay’s Food Stars. Built on the belief that tradition and innovation can coexist, the brand honors the nostalgic pretzel while boldly reinventing it with premium ingredients, seed-oil-free recipes, and premium dips and sauces that elevate the traditional pretzel experience. Desmond’s rapid rise, paired with his mission to deliver a cleaner, better-tasting, boldly seasoned pretzel, positions Hot Box Pretzels as one of the most exciting emerging snack brands breaking into the national spotlight, now with financial backing.

Two years after that cold DM, what began as a simple message has grown into Founders Row’s first official investment and a true partnership between Desmond and Jamie Weeks. Founders Row occupies a distinct position in the consumer landscape, shaped by Weeks’ background as both a multi-unit operator and a brand builder. The firm functions as a hybrid venture studio and early-stage investment platform, developing new concepts internally while also backing founders with strong ideas or early traction who may lack the operational discipline, financial structure, and systems needed to scale. Weeks believes early-stage founders often need support more than capital, and Founders Row was built specifically to fill that gap with a hands-on partnership rather than a passive investment.

Since launching Founders Row publicly, the firm has been inundated with founders seeking an alternative to traditional private equity. Weeks expects to close six additional deals over the coming months, including two concepts he has been wanting to launch for the last few years, now finally able to come to life because the platform exists. Founders Row itself is the platform Weeks has wanted to build for more than a decade, one capable of supporting both his own ideas and those of other emerging Founders.

Hot Box Pretzels embodies that mission. Desmond had the creativity, instinct, and founder drive, but needed the structure and support required to turn Hot Box from an idea into a durable, scalable DTC Brand.

“Roman DM’d me when he freshly dropped out of college and had one food truck selling pretzels locally in Jacksonville, but he had the ambition to take this nationwide,” said Weeks. “That’s the exact kind of founder Founders Row exists to support, someone with vision and appetite who needs a platform behind them.”

Desmond added, “Jamie saying yes to that first message completely changed the trajectory of Hot Box Pretzels and me as a founder. Founders Row isn’t just an investor; it’s the partner I needed to turn an idea into a real, scalable business. What excites me most about this partnership is the opportunity to learn, absorbing as much as I can to build the strongest foundation possible for this company and for everything I create in the future. I’m not in this for quick wins. I love building, I love the process, and being the first investment in Founders Row is something I’m incredibly proud of.”

The investment in Hot Box Pretzels marks the launch of the Founders Row portfolio and signals the firm’s commitment to backing founders early, providing hands-on operational and creative partnership to help build the next generation of consumer brands.

About Founders Row
Founded by entrepreneur and operator Jamie Weeks, Founders Row is a venture studio and platform partner built for founder-led consumer businesses. The firm partners with proven operators and early-stage concepts to help them scale thoughtfully without sacrificing control, culture, or long-term value. Founders Row operates through two complementary models: launching and incubating new brands from the ground up, and partnering with existing businesses to provide platform-level support across strategy, operations, capital planning, and growth. The firm is known for founder-first structures that preserve ownership while enabling disciplined expansion and clear paths to liquidity. Headquartered in Atlanta, Founders Row is a founder-first alternative to traditional private equity, backing entrepreneurs with institutional support while allowing them to retain control and long-term upside. For more information, visit foundersrow.co.

About Hot Box Pretzels
Hot Box Pretzels is a fast-growing, founder-led food brand reimagining the classic soft pretzel. Founded by Roman Desmond in Jacksonville, Florida, the company has expanded from a single food truck into a multi-channel operation serving major festivals, large-scale catering events, and customers nationwide through its direct-to-consumer pretzel bites business. Known for fresh-baked soft pretzels and customizable pretzel bites shipped in microwave-safe packaging with seasoning packets, Hot Box delivers a premium, chef-crafted experience straight to consumers. Desmond’s national recognition as a finalist on Gordon Ramsay’s Food Stars accelerated the brand’s growth into e-commerce and packaged goods, and Hot Box continues to scale with a vision of bringing bold, modern pretzel experiences to fans nationwide. For more information, visit hotboxpretzels.com.

Media Contact:

Juliana Martins
Eleven11 Media Relations
[email protected]

SOURCE Founders Row

DURHAM, N.C., Dec. 16, 2025 — Looma, a leading in-store retail media platform, today announced that it has raised $10 million in Series B funding led by Staley Capital, alongside a $3 million credit facility from Silicon Valley Bank, a division of First Citizens Bank, bringing its total funding to $30 million. The new capital will fuel Looma’s rapid national expansion, including its recent deployment across the wine and spirits departments of nearly 600 Kroger stores nationwide.

Since 2023, Looma’s network of in-store screens – delivering storytelling, education, and personalized recommendations to shoppers – has expanded from 800 screens to more than 7,000, across 1,100 retail locations. The unique platform reaches 27 million shoppers a month across leading retailers such as Kroger, BJ’s Wholesale Club, H-E-B, Harris Teeter, Lowes Foods, and Schnucks.

Advertisers on Looma’s platform, including General Mills, P&G, Coca-Cola, Anheuser-Busch, and Diageo, see an average ~4x full-funnel incremental return on ad spend (Full-Funnel iROAS). This holistic understanding of impact measures awareness, discovery, conversion, and loyalty.

“We’ve spent the last decade preparing for this moment, building what we believe is far and away the strongest in-store media platform in the market,” said Cole Johnson, Founder and CEO at Looma. “We’re thrilled to welcome Staley Capital to our shareholder base as a strategic advisor during such a pivotal moment in both Looma’s journey and the industry as a whole.”

Looma’s expansion within Kroger follows a successful multi-year pilot across 50 stores, during which the platform grew category sales, improved end cap execution, and achieved a 98% customer satisfaction rating. Featured alcohol brands saw 2-4x iROAS, alongside strong gains in brand awareness and first-time customer acquisition.

“As a firm focused on the intersection of retail and media, we were impressed from day one with both Looma’s vision and exceptional execution,” said Herb Kleinberger, Operating Advisor at Staley Capital and a longtime retail industry veteran. “In 2024, in-store grocery sales represented over 86% of total grocery sales, yet in-store retail media accounted for less than 1% of total retail media ad spend. We believe in-store is retail media’s next frontier – and Looma is poised to lead it.”

Mr. Kleinberger will join Looma’s Board of Directors as part of the capital raise.

Unlike other retail media networks, Looma operates screens that are co-located with merchandise, prioritizing authentic storytelling, product education, and personalized recommendations. Looma also provides more traditional atmospheric screens located in high-traffic store areas. For more information, please visit: https://theloomaproject.com/platform/.

About Looma
Looma is an in-store retail media platform focused on storytelling, education, and recommendations. Their network of in-store video screens helps retailers modernize and monetize their stores, while enabling brands to tell their story directly at the point of decision. The content that airs on Looma’s network is produced or edited by a global network of independent filmmakers, editors, and creators who specialize in point-of-decision content.

About Staley Capital
Staley Capital is a growth-stage investment firm that partners with category-defining B2B software and technology companies at the inflection point of growth. With a long-term thematic approach, Staley Capital brings decades of investing and operating experience to support management teams achieve sustainable growth. The firm’s investments are often B2B2C, leveraging early insight into secular shifts in consumer behavior, and partnering with visionary founders who have developed market-leading enterprise solutions that transform the way businesses serve modern consumers.

SOURCE Looma

Newly raised funding allows YSE Beauty to fuel accelerating momentum at Sephora, product development and further expansion of e-commerce channel

LOS ANGELES, Dec. 16, 2025 — YSE Beauty, the results-driven, clinically tested skincare brand by Molly Sims has announced the successful close of its $15 million Series A funding round led by investment partner Silas Capital, an emerging growth equity and venture capital firm focused on next-generation consumer brands, with participation from L Catterton and existing investors Willow Growth Partners and Halogen Ventures.  The new capital infusion will be allocated strategically to fuel forthcoming expansion across all Sephora doors in the US and continued exponential growth on direct e-commerce.

YSE Beauty, designed for women 35+ seeking effective solutions without complicated routines, was inspired by Molly’s own battle with hyperpigmentation and a desire to help a generation of women who felt underserved and overlooked. Sims spent over three years in research and development, testing hundreds of formulas to perfect her regimen. Clinically tested and thoughtfully formulated, YSE Beauty launched in 2023 and quickly earned acclaim for delivering real results. The brand’s award-winning lineup launched into retail in June 2025, partnering exclusively with Sephora. The brand has earned numerous accolades including a Business of Fashion Innovation Award, an Allure Best of Beauty 2025 Award and Health Magazine 2024 Skin Awards for their bestselling Your Favorite Ex Exfoliating Pads, a 2025 Good Housekeeping Beauty Award for their Overachiever Brightening Eye Masks, a 2024 Marie Claire Skin & Hair Award and a 2024 Shape Skin Award for their Wide Awake Brightening Eye Cream, a 2024 Oprah Sun O-Wards for their Skin Glow SPF 30 Primer, and were named one of InStyle’s Best Beauty Buys in 2023 and 2025.

“There is so much synergy between our brand, the brands in the Silas portfolio and L Catterton’s deep strategic knowledge of the category.  Both firms deeply understand the kind of women we speak to… what she wears, what she values and how she moves through the world. It feels like a true alignment in vision and audience, making it the perfect fit. This partnership isn’t just strategic – it’s a shared philosophy and a mutual understanding of what’s going to fuel us and where we want to take the brand next” said YSE Beauty Founder, Molly Sims.

In 2025, YSE Beauty experienced 120% revenue growth and expects to deliver more than 80% growth in 2026. The brand is anticipating to more than double its Sephora business, while continuing its momentum in e-commerce, bringing the business to nearly $30 million in revenue next year. 

“Molly’s approachable, yet authoritative voice has been a key driver in building the loyal and engaged community supporting the incredible momentum for YSE Beauty,” said Brian Thorne, Partner at Silas Capital. “Leveraging her insider network of dermatologists, estheticians, and makeup artists, she has curated a lineup of multi-functional skincare-meets-makeup essentials that cater to an underserved Gen X customer that demands results-driven beauty. We’re thrilled to partner with Molly for this next chapter, supporting both the brand’s impressive e-commerce momentum, as well as its quickly scaling wholesale expansion with Sephora.”

About YSE Beauty: YSE Beauty is a premium skincare and beauty brand founded by Molly Sims dedicated to creating clinically informed, thoughtfully formulated products designed for real-life beauty routines. Drawing on Molly’s years of industry insight and her passion for skin confidence, YSE Beauty crafts effective, high-quality skincare that addresses concerns from hyperpigmentation and uneven tone to hydration and glow. This brand was built around conversations with real women and a deep understanding of their needs and beliefs. Fueled by Molly’s own skin experiences, YSE Beauty listens closely to its consumers, gaining loyalty and gathering insights that allow the brand to address her next set of concerns. The brand evolves with the consumer and adds value every step of the way. Rooted in results and guided by integrity, YSE Beauty empowers individuals to feel their absolute best in their skin, simply in a way that’s easy to maintain. Visit ysebeauty.com for more details.

About Molly Sims: Molly Sims is an entrepreneur, actress/producer, and podcast host known for redefining beauty, wellness and reinvention in midlife. She is the founder of YSE Beauty, a high-performance skincare brand developed for women over 40.  

Sims also hosts the award-winning podcast Lipstick on the Rim, where she brings together leading voices in beauty, health, and culture for candid, expert-driven conversations. Through her banner, Something Happy Productions, Molly Sims has produced Kinda Pregnant, starring comedic powerhouses Amy Schumer and Will Forte (Netflix; co-produced with Adam Sandler’s Happy Madison), as well as the upcoming adaptation of the bestselling thriller The Last Mrs. Parrish, starring Jennifer Lopez and directed by Robert Zemeckis (Netflix). Her upcoming slate features the smash-hit bestseller The Tenant from Freida McFadden with United Artists and Amazon; Lisa Jewell’s gripping, NYT chart-topping None of This Is True at Netflix; and Desperation Wedding, a sharp, laugh-out-loud romantic comedy led by the always-fearless Nikki Glaser. Guided by a female-forward mission, Something Happy Productions champions elevated and resonant stories that amplify women’s voices on and off screen. 

A longtime philanthropist and advocate, Sims sits on the board of Jhpiego, supporting global health access for women and families, and works closely with Baby2Baby, a nonprofit providing basic essentials to children living in poverty across the U.S.

About Silas Capital: Since 2012, Silas Capital has been a go-to growth equity and venture capital investor — partnering with next generation brands to drive revenue, profitability, and brand value. The firm’s Partners bring a unique blend of startup, growth equity and operating experience, enabling them to provide hands-on support beyond capital investment. Silas actively helps consumer companies scale through e-commerce, wholesale and retail channels. Previous and current investments for Silas Capital include Bare Snacks, Bellroy, Boll & Branch, Business & Pleasure, DÔEN, Hello Cake, Herbivore, ILIA Beauty, Makeup By Mario, Oak Essentials, RŌZ, Sakara Life, Vacation, Violette_FR and Wonderbelly to name a few. Learn more at www.silascapital.com.

SOURCE YSE Beauty

ROCHELLE PARK, N.J., Dec. 16, 2025 — Curalta Foot & Ankle (Curalta), one of the nation’s fastest-growing networks of foot and ankle care providers, today announced a new round of financing led by SharpVue Capital. The company’s existing investors—including NewSpring Capital, BPEA Private Equity, North Haven Capital, and Bluwave Capital—also participated in the fundraise and continue to support Curalta’s strategy and long-term vision.

The investment will enable Curalta to further expand its presence across the Northeast, build out additional specialty services, and continue developing the infrastructure needed to provide comprehensive, integrated foot and ankle care at scale.

“As we continue to grow, our mission remains focused on elevating the standard of care for foot and ankle health,” said Burt Rubin, CEO of Curalta. “This new partnership with SharpVue Capital strengthens our ability to execute on that mission. Their team recognizes the importance of a coordinated, outcomes-driven care model, and we are thrilled to work with investors who share our vision for transforming this specialty.”

Curalta has rapidly expanded to become the largest fully integrated network of podiatrists and foot and ankle care specialists in the northeastern U.S. The company now operates more than 70 locations across New York, New Jersey, and Pennsylvania, offering patients access to high-quality, multidisciplinary care for a wide range of lower-extremity conditions.

“At Curalta, we’re building a collaborative, team-based care model that elevates both patient outcomes and physician experience,” said Oren K. Isacoff, MD, MBA, Chief Growth Officer at Curalta. “Our growth is powered by partner-physicians who seek clinical excellence, coordinated care pathways, and a platform that supports providers in building dynamic, rewarding careers. This investment helps us bring that model to more communities and more patients.”

SharpVue Capital, a leading private investment firm focused on long-term value creation, will support Curalta as it accelerates its expansion strategy.

“We are excited to partner with Curalta at this pivotal stage in the company’s growth,” said Jarrett Wood, Principal at SharpVue Capital. “Curalta’s integrated approach, strong clinical leadership, and proven track record of scaling high-quality care uniquely position the company to lead this specialty. We look forward to supporting the team as they continue building a best-in-class platform.”

About Curalta

Curalta Health is the largest and foremost network of podiatrists and foot and ankle specialists in the Northeast, delivering comprehensive, high-quality care across more than 70 locations in New York, New Jersey, and Pennsylvania. Curalta’s providers combine decades of experience with a forward-thinking, innovative approach designed to maximize patient outcomes across all lower-extremity conditions. Through best-in-class administrative support, collaborative clinical programs, and a commitment to coordinated care, Curalta empowers its providers to deliver exceptional patient experiences. For more information, please visit www.curalta.com.

About SharpVue Capital

SharpVue Capital is a private investment firm focused on partnering with high-quality businesses and management teams to drive sustainable, long-term value creation. With deep experience across healthcare and other essential industries, SharpVue provides flexible capital solutions and strategic support to help companies accelerate growth, enhance operational excellence, and build enduring market leadership. The firm is committed to investing in organizations that improve outcomes and deliver meaningful value to the communities they serve.

SOURCE Curalta

NEW YORK, Dec. 16, 2025 — Adaptive Security today announced it has raised an $81 million Series B funding round led by Bain Capital Ventures, with participation from NVentures (NVIDIA’s venture capital arm), OpenAI Startup Fund, Andreessen Horowitz (a16z), Abstract Ventures, Capital One Ventures, and Citi Ventures. The investment is Adaptive’s third financing announcement this year and brings the firm’s total capital raised to $146.5 million.

In April, the Company announced a $43 million Series A led by OpenAI Startup Fund and Andreessen Horowitz, making it OpenAI’s first and only cybersecurity investment. The OpenAI Startup Fund later led an additional $12 million follow-on investment announced in September.

Adaptive’s rapid fundraising activity reflects rising investor and customer concern over AI-powered cyber threats. In less than one year since its public launch in January 2025, Adaptive has grown to more than 500 enterprise customers and reports a world class NPS score of 94. Customers include PayPal, Xerox, Bose, the National Hockey League, the Professional Golfers’ Association, Figma, Ramp, Vimeo, TaylorMade Golf, and Perplexity, among others.

AI Impersonation Threats Accelerate

Adaptive was founded by Brian Long and Andrew Jones after they saw AI-enabled impersonation move quickly from a niche risk to a practical problem for companies, employees, and consumers. The two entrepreneurs, who previously founded and grew Attentive to $500 million in annual revenue, started the company because legacy security training was not built for cutting-edge generative AI deception.

“Over the past year, we have watched AI impersonations evolve from experimental to everyday,” said Brian Long, CEO and co-founder of Adaptive Security. “A few seconds of audio or a short video clip is now enough for anyone to generate a convincing clone. That shift forces organizations to prepare for scenarios where even familiar voices, faces, or messages can no longer be taken at face value.”

Social engineering accounts for more than 95% of successful cyber breaches and traditionally came through email. In recent years, malicious activity over phone calls, text messages and video chat has surged. Deepfake incidents grew 17 times from 2023 to 2024, with more than 100,000 occurring in the U.S. alone. In 2025, Adaptive reported a rise in AI deepfake activity and said more than half of its customer discussions included reports of deepfake incidents. These incidents affect employees across all levels of an organization and increasingly affect consumers through cloned voices, fabricated videos and personalized scams.

Deepfake Phishing Simulations and AI Security Awareness

The company uses AI to simulate deepfake and impersonation scenarios across voice calls, text messages, video and email. These simulations identify where existing controls are likely to break down and provide individualized training based on employee responses. The platform also includes automated threat triage and AI-driven executive risk scoring to help organizations identify their most exposed teams and processes.

“Our task is to give organizations clarity in a landscape that is changing extremely quickly,” Long said. “The threat is evolving in real time. Our responsibility is to move at least as fast.”

Leading AI Companies and Investors Support Adaptive’s Approach to Next-Gen Security

With support from NVIDIA, Adaptive is advancing efforts to secure AI systems and protect the people who work with them. OpenAI Startup Fund’s continued participation reflects growing attention among leading AI researchers to the security and safety implications of generative models. Together, the investors point to a widening consensus that AI impersonation is becoming a mainstream risk for businesses and consumers.

“Brian and Andrew have been longtime members of the Bain Capital Ventures portfolio spanning TapCommerce, Attentive and now Adaptive, and we have deep conviction in their ability to build and scale category-defining products,” said Enrique Salem, partner at Bain Capital Ventures. “The surge in AI-enabled threat vectors has elevated human-layer security to a board-level priority, and Adaptive is emerging as the platform organizations rely on to stay ahead of these threats. We are proud to support this team as they tackle one of the most important challenges facing businesses and consumers today.”

About Adaptive Security

Adaptive Security is the leading provider of AI-powered social engineering prevention solutions, specializing in protection against deepfake personas, AI-driven phishing and multi-channel social engineering threats. By combining advanced AI simulations, real-time risk assessment and security awareness training, Adaptive empowers organizations to proactively defend against emerging cyber threats.

For more information, visit www.adaptivesecurity.com

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SOURCE Adaptive Security