Ladder Health Raises $7M to Fix Pediatric Therapy’s Waitlist Crisis

The virtual-first, AI-enabled model helps health systems expand pediatric developmental care capacity and empower families with faster, more accessible care

BOSTON, June 23, 2026Ladder Health, a virtual-first pediatric developmental care company, today announced the close of an oversubscribed $7 million Seed financing round led by Nina Capital, with participation from Mairs & Power Venture Capital, South Dakota First Capital, and incubating partner 25madison Health. Other investors in this round include Hatteras Venture Partners, Create Health Ventures, Jumpstart Capital, White Oak Enterprises, Groove Capital, and 7Rock Ventures. The funding will support expansion across North Carolina, Massachusetts, and Maryland, accelerate entry into additional states, and continue investment in Ladder Health’s AI-enabled care platform and health system partnerships.

For the more than 27 million children in the U.S., the first 1,000 days of life and the critical “next 1,000 days” through age five together represent the most consequential window for brain development. However, for the roughly one in four children under age six who are at risk for a developmental delay or disability, families routinely encounter a system defined by months-long waitlists, workforce shortages, and limited access to specialty care. Average wait times for in-network pediatric developmental therapy now exceed six months. For families on Medicaid and those in rural communities, the barriers run deeper still.

Ladder Health was built to close the gap and reduce wait times from months to days. The company delivers speech, occupational, physical and feeding therapy through a virtual-first, AI-enabled platform available evenings and weekends. Unlike conventional therapy models built around episodic weekly visits, Ladder Health works directly with caregivers, activating parents as therapeutic partners and extending care into the home between sessions, helping kids get better, faster. A dedicated team of Ladder liaisons builds relationships with pediatric practices and health systems, serving as a referral and care-extension partner that helps providers reach more families without increasing headcount.

“Early developmental therapy changes life trajectories, but only if families can actually access it at the right time,” said Mitch Mudra, co-founder and CEO of Ladder Health. “Half of families in the U.S. rely on Medicaid, and the system simply wasn’t built to serve them well. We built Ladder Health for this moment, when the demand for care exceeds the system’s capacity and too many families are left without access to the care their children need.”

Originally developed in collaboration with clinical experts at Boston Children’s Hospital, the platform now partners with more than 80 provider organizations and health systems across Massachusetts, North Carolina, and Maryland, helping pediatric practices improve continuity of care, reduce fragmentation and reach more families earlier in the developmental journey.

“Delays in accessing developmental care can have lasting consequences for children and families,” said John Brownstein, Chief Innovation Officer at Boston Children’s Hospital. “Ladder Health’s model represents an important evolution, leveraging technology to extend clinical expertise into the home, where so much of a child’s development actually happens.”

“Health systems are desperate for solutions that expand pediatric capacity, but traditional models are too expensive and hard to scale,” said Marta G. Zanchi, Founder and Managing Partner at Nina Capital. “We led this round because Ladder Health has built a clinically rigorous model that solves the throughput crisis for providers while delivering immediate, life-changing care to the families who need it most.” 

That conviction was shared early by 25madison, where Ladder Health was incubated. “We were early believers that the right technology could extend expert developmental care beyond traditional care settings,” said Walt Winslow, Director at 25madison. “That opportunity remains especially significant for health systems serving rural and underserved communities.”

The raise reflects growing conviction among healthcare investors that caregiver-activated, technology-enabled models represent the most scalable response to the pediatric workforce shortage, as demand for developmental services continues to surge and the gap between need and access widens.

About Ladder Health
Ladder Health is a virtual-first pediatric care company delivering AI-powered developmental and therapeutic care for children and families. By activating caregivers and extending care beyond the clinic, Ladder Health improves outcomes, expands access, and reduces cost, especially for families historically left behind by the healthcare system. Learn more at ladderhealth.co.

Disclosure Statement: Boston Children’s Hospital holds equity in Ladder Health

SOURCE Ladder Health

Halo Announces $7M in Funding to Launch HaloBraid, the first Braid Assist Device for Professional Stylists

Patent-pending technology helps stylists finish braids 5x faster, flawlessly and without pulling.

CAMBRIDGE, Mass., June 23, 2026Halo (https://halobraid.com/), a technology company creating category-defining products for textured hair, announced $7M in funding to introduce the world’s first braid assist device, HaloBraid.

HaloBraid’s technology helps stylists complete braids quickly, consistently, and gently. A stylist has full creative control; they start each braid by hand, and HaloBraid finishes it 5x faster while matching their braid style.

Braiding is one of the world’s oldest and most labor-intensive beauty practices, and the manual process hasn’t changed in thousands of years. 8 billion hours are spent braiding hair each year, with single appointments often lasting from 6 or more hours. For stylists, that means carpal tunnel syndrome, early-onset arthritis, and physical strain. For clients, it means giving up weekends or vacation days to get an essential hairstyle that only lasts 6-8 weeks.

HaloBraid was built to change that. It transforms salon economics by reducing the biggest barrier to growth: time. In a survey of 2,000 braid wearers, Halo found that 95% would get their hair braided more often if the process were faster. But stylists describe working overnight to meet surging demand, and leaving the industry because of the physical toll of braiding. With HaloBraid, stylists can serve more clients and grow their business without adding strain on their hands and bodies.

“Braiding is more popular than ever but the way we braid hasn’t changed. It’s still time-consuming and painful for stylists and clients alike,” said Halo’s CEO and Founder, Yinka Ogunbiyi. “Our technology transforms braiding by speeding up the most repetitive part of the process. We designed this with stylists, using their perspective to build a product that supports them, without replacing them. We’re excited to help stylists and clients reclaim their time in and behind the chair.”

The seed round was led by Seven Seven Six (“776”), Alexis Ohanian’s venture capital firm, with participation from AlleyCorp and Bling Capital. The funding will accelerate product development, stylist testing, manufacturing-readiness, and salon partnerships as the company prepares to bring HaloBraid to market and transform the global salon services industry.

“As an investor, I look for founders that see something broken that everyone else has accepted as fixed. Braiding is a perfect example: it is a process that has not materially changed in thousands of years, despite being one of the most popular hairstyles for millions of Americans and a significant part of the $270 billion salon services industry,” said Alexis Ohanian, General Partner at 776. “Halo has introduced a novel technology to a manual and highly specialized professional service.”

Long term, Halo plans to develop a broader portfolio of technology that addresses the unmet needs of people with textured hair globally.

“Innovation in this category is long overdue,” said Ogunbiyi. “HaloBraid is our first product, but our larger vision is to create breakthrough technology that makes textured hair care faster, easier, more comfortable, and more joyful.”

About the Founder

Yinka Ogunbiyi is the founder and CEO of Halo and creator of HaloBraid. The idea came from her lifelong experience wearing braids and witnessing the time and physical labor involved in the craft. During the pandemic, she braided her own hair for the first time–it took four days. As a biomechanical engineer and repeat hardware founder, she created HaloBraid to solve a problem she understood personally and knew could benefit hundreds of millions of braid wearers and their stylists. Prior to Halo, Yinka co-founded Desora, where she co-invented six patented smart cooking devices, and brought advanced consumer hardware to market. She holds a BSc, MS, and MBA from Harvard.

About Halo

Halo is a technology company building the future of haircare for all textures through exceptional engineering and human-centered design. The company creates category-defining products built for the complexities others overlook. Its first product, HaloBraid, is a braid assist device that helps stylists to complete braids faster. The patent-pending innovation launches later this year. Backed by leading investors including Seven Seven Six, AlleyCorp, and Bling Capital, Halo is a group of technologists creating a new era of innovation in hair technology. To learn more, visit www.halobraid.com.

SOURCE Halo

EAIGLE Secures Growth Funding from Noro-Moseley Partners and In Revenue Capital to Scale AI-Native Gate & Yard Automation

Investment will accelerate go-to-market expansion and advance EAIGLE’s computer vision platform offerings for global supply chains.

BOSTON and ATLANTA, June 23, 2026EAIGLE, the leader in AI-Native gate and yard automation and data orchestration, today announced it has secured a growth funding round led by growth equity firm Noro-Moseley Partners, with participation from In Revenue Capital and Boreal Ventures. The investment will be used to accelerate go-to-market expansion and advance the development of EAIGLE’s proprietary automated logistics technology. Leading up to this round, EAIGLE achieved over 350% year-over-year revenue growth with Fortune 500 customers.

EAIGLE’s flagship product offering, Automated Vehicles Access Control (AVAC™) and YardSight™, leverages state-of-the-art computer vision to analyze camera feeds, instantly reading truck and trailer identifiers at the gate and across the yard, such as truck number, trailer number, logos, and numerous others. By automating real-time data capture, the AVAC and YardSight solutions eliminate labor-intensive, paper-based workflows and manual audits, and enable incoming drivers to navigate facilities seamlessly.

Transportation yards running EAIGLE’s solution on average benefit from decreasing dwell time at the gate to under 30 seconds, increasing gate throughput by 5x, significantly reducing theft & fraud events, along with detention fees, turnaround times, and operational bottlenecks – culminating in an ROI of 6 months or less, and annual savings of $500,000.

“EAIGLE’s AI technology is seeing rapid adoption among enterprise leaders across the retail, CPG, manufacturing, and transportation sectors,” said Vasant Kamath, General Partner at Noro-Moseley Partners. “Customers are finding incredible value in the market’s first truly automated facility management system, viewing it as a critical pillar in the digital transformation of their supply chains. EAIGLE seamlessly simplifies complex logistics transactions, and we are excited to partner with them for their next phase of growth.”

“Real-time visibility at the gate and in the yard is no longer an option—it is a baseline requirement for modern logistics,” said Amir Hoss, Founder and CEO of EAIGLE. “By leveraging our computer vision data, enterprises can drastically optimize gate and yard operations, reduce overhead costs, have unparalleled real-time visibility into gate & yard operations, and maintain a competitive edge in an increasingly demanding market. This funding allows us to scale these capabilities faster.”

“Knowing precisely where assets are across the supply chain is fundamental to profitability for manufacturers, transporters, and retailers alike,” added Justin Gray, Co-Founder and Managing Partner of In Revenue Capital. “EAIGLE’s ability to deploy best-in-class computer vision AI using a facility’s existing hardware completely changes the revenue equation for logistics hubs, removing the traditional friction of costly tech overhauls.”

“Every truck through a gate used to be chaos and clipboards. EAIGLE made it infrastructure. We’re proud to back a Canadian company quietly building the intelligence layer for global logistics,” stated David Charbonnea, Managing Partner Boreal Ventures.

Building on its core automation platform, EAIGLE recently launched YardSight Mobile™, expanding real-time yard visibility through advanced machine vision tailored specifically for shunting trucks.

About EAIGLE
EAIGLE is an industry-leading computer vision and data orchestration platform automating gate and yard operations. The company’s AI-native platform enables enterprise supply chain and logistics sectors to leverage existing camera infrastructure to solve complex security, transportation, and operational challenges. For more information, visit eaigle.com

About Noro-Moseley
Noro-Moseley Partners is a growth equity firm backing leading entrepreneurs in B2B software. Since 1983, NMP has invested more than $1 billion across more than 200 companies, and the managers of NMP’s current fund, Noro-Moseley Partners IX, have more than 100 years collectively of direct growth equity investing experience. Through NMP’s domain expertise, active board participation, and significant network built over decades, the firm aims to support management teams through key inflection points on their company’s growth trajectory. For more information, visit, noromoseley.com

About In Revenue Capital
In Revenue Capital was founded on the fundamental maxim that Go-to-Market excellence forms the last true moat in startups. We partner with top-tier Venture Capital firms to identify the absolute best early-growth B2B Vertical SaaS startups for co-investment. Beyond capital, we provide embedded GTM expertise in a true value-add model we call ‘Operator Immersive.’ This sleeves-up, hands-on approach enables our portfolio companies to outpace their peers and win markets, while our partners de-risk their investments. For more information, visit inrevenue.com

About Boreal Ventures
Boreal Ventures is an early-growth equity firm backing capital-efficient B2B software companies in the overlooked but essential corners of the economy — industrial tech, logistics, compliance, manufacturing and beyond. With roughly C$100M under management across two funds, Boreal partners with founders past product-market fit and gets hands-on on go-to-market to help Canadian companies scale into global markets. Learn more at boreal.vc. For more information, visit boreal.vc

Media Contact:
Dillon Screwchi
Director of Marketing
[email protected]

Media Contact
Kristin Hege
[email protected]
480.540.6496

SOURCE EAIGLE

Diagnostic.ly Unveils New At-Home Diagnostics Capabilities to Automate Test & Treat and Treat & Prove Care

Launch adds ordering tools for automated clinical action, a patent-pending AI specimen collection observation system, and competitive tools for independent labs

FORT WORTH, Texas, June 23, 2026 — Global Diagnostics Technologies LLC (dba Diagnostic.ly), a leader in at-home diagnostics, today announced a major platform expansion that helps healthcare organizations turn diagnostic results into automated clinical action, catch specimen collection failures in real time, and equip independent laboratories to compete and win. The new tools extend the platform from test ordering through treatment and proof of efficacy—a single, automated system for acting on diagnostic data.

At the center of the launch are new tools for ordering entities that power Test & Treat and Treat & Prove workflows. Any healthcare organization can automate the recommendations that follow a diagnostic result—closing the loop between testing and treatment—or automate the follow-up tests that prove the efficacy of recommendations such as supplements, hormones, and peptides, creating a measurable connection between what a patient is told to do and the outcomes that follow.

Diagnostic.ly also introduced its patent-pending AI specimen collection observation system. By identifying failed collections at the moment of collection rather than after a sample reaches the lab, the system cuts the cost of failed collections by up to 90 percent while improving patient satisfaction and speeding results. Failed collections have long been one of the most expensive points in at-home testing, forcing repeat shipments and delaying diagnoses—problems the new system solves at the source.

“70% of health journeys start with at-home diagnostics, but until Diagnostic.ly, the best the industry could deliver were experiences that felt like furniture assembly: patients left alone to collect a specimen from a sketchy paper instruction sheet,” said David Shor, Founder and CEO of Diagnostic.ly. “We now leverage patent-pending AI observation technology for a high-impact digital collection experience, and it’s making a major difference. When patients do make uncorrectable mistakes, automated reshipment of just the failed collection saves significant time and money for our clients.”

For its independent laboratory partners, the company unveiled tools to strengthen competitive positioning. Labs gain a clear view of where they stand against their competitive set—without identifying the specific competitor—helping them make informed decisions and close gaps. “Our tools are designed to raise all ships in the at-home labs market, not drive a race to a pricing bottom. We introduced AI-assisted road mapping, profitability analysis, and proposal generation to help our lab partners respond faster, sharpen their pitch, and win more business,” said Shor.

The new capabilities are available now to Diagnostic.ly’s partners.

About Diagnostic.ly

Global Diagnostics Technologies LLC (Diagnostic.ly), builds the infrastructure that powers modern at-home diagnostics. Its platform connects testing, treatment, and proof of efficacy so healthcare organizations and laboratories can deliver faster, smarter, and more reliable care.

Media Contact
Diagnostic.ly Media Relations
+1 310-897-2667
[email protected]

SOURCE Diagnostic.ly

Rapalogix Health Raises $20 Million in Series A Financing to Redefine the Future of Longevity-Based Skin Health

Funding to accelerate commercialization of Re-Q and expand pipeline built on breakthrough science targeting the biology of skin aging

CARLSBAD, Calif., June 23, 2026 — Rapalogix Health, a biotechnology company pioneering a new category of longevity-based skin health, today announced the successful closing of a $20 million Series A financing round co-led by Woodline Partners and GordonMD Global Investments LP. The proceeds will support the rapid commercial expansion of Re-Q Health™ (Re-Q), the company’s professional skincare line, while advancing a pipeline of next-generation products designed to address the underlying biological mechanisms of skin aging.

Founded by skin longevity scientist Rahul Mehta, PhD, renowned dermatologist Doris Day, MD, and leading healthcare executive Brent Saunders, Rapalogix was created with a simple but ambitious vision: to translate advances in longevity science into products that help people maintain healthier, more resilient skin.

While most skincare products target the visible signs of aging, Rapalogix is focused on the biology that drives aging itself. The company’s scientific platform is built around TORC1, one of the most extensively studied cellular pathways associated with aging and age-related decline.

“This financing marks a significant milestone for Rapalogix and reflects the strength of the science underlying our platform,” said Dr. Mehta, CEO of Rapalogix Health. “We’re building toward a future where skin health and longevity are addressed at the cellular level, and this capital enables us to bring that vision to more patients and physicians across the country while advancing our next generation of therapeutics. Our growth strategy puts our premier dermatology physician partners at the forefront, as we collaborate directly with them to drive clinical innovation and advance longevity science in dermatology.”

Rapalogix’s lead product, Pro-Longevity Face Serum, from its professional skincare line, Re-Q, is based on the company’s proprietary approach to selectively modulating TORC1 activity in skin cells. This approach builds on Cambrian Bio’s TORnado platform, which solved a longstanding challenge in achieving selective TORC1 modulation, and Rapalogix was spun out to apply this breakthrough to skin health. By selectively supporting key cellular processes associated with skin function and resilience, the company believes it can help establish an entirely new approach to healthy skin aging.

Series A financing will support:

  • Rapid expansion of commercial activities for Re-Q
  • Continued investment in clinical and translational research
  • Development of additional products targeting skin longevity, hair health and other age-related changes in skin biology
  • Expansion of scientific, medical and commercial capabilities

“For years, dermatology has largely focused on treating the visible manifestations of aging,” commented Dr. Day. “What excites me about Rapalogix is its focus on the biology that drives skin aging. Advances in longevity science are creating opportunities to rethink how we support skin health, and we believe we’re only beginning to unlock that potential.”

“We’re still in the early innings of understanding how longevity science can transform human health. Our vision is to build the leading longevity-based skin health company and create products grounded in rigorous science that help people maintain healthier skin as they age,” commented Saunders.

The financing follows a significant period of recognition and growth for Rapalogix Health. In 2026, the company earned several industry awards and made strategic additions to its leadership team, in addition to growing its commercial salesforce in support of the Re-Q national launch. Most recently, in conjunction with this funding, Rapalogix appointed Neetu Dhaliwal and Craig Gordon, MD, to its Board of Directors, further strengthening its governance as the company enters its next phase of growth.

About Rapalogix Health
Rapalogix Health is a California-based biotechnology company pioneering the next evolution in skin health. We translate foundational insights in longevity science into transformative dermatological solutions. Grounded in a science-first approach, the company is developing an innovative pipeline of prescription therapeutics and professional skincare products. Re-Q Pro-Longevity Face Serum, the first product from Rapalogix’s professional skincare brand, Re-Q Health, is now available at dermatology and aesthetic practices in the United States. Re-Q Pro-Longevity Face Serum is powered by RLX-201, Rapalogix’s proprietary pro-longevity molecule designed to reset and restore exhausted skin cells, extend their longevity, and deliver healthy and youthful skin over a lifetime.

For more information on Rapalogix Health, visit www.rapalogix.com and follow Rapalogix on LinkedIn and Instagram.

For more information on Re-Q, visit www.reqhealth.com and follow Re-Q on Instagram.

About Cambrian Bio
Cambrian Bio (Cambrian BioPharma Inc.) is a clinical-stage drug development company focused on building therapeutics to treat and prevent today’s most debilitating chronic diseases, with programs targeting critical metabolic sensing functions that decline with age, including AMPK and mTOR. To learn more, visit www.CambrianBio.com and follow us on LinkedIn and X.

About Woodline Partners
Woodline Partners implements a fundamental equity investment strategy, represented by a tenured team of global industry specialists. Anchored by corporate partnerships, the firm’s research process aims to identify company-specific insights that drive the long-term competitiveness of companies under coverage. Woodline manages approximately $22 billion in assets across four global offices.

About GordonMD Global Investments LP
GordonMD Global Investments LP was founded in 2021 by Craig Gordon, MD, a licensed physician with 15+ years of buy-side experience managing global biopharmaceutical portfolios. The firm manages private funds and a public fund, each focused on differentiated investment opportunities in biopharmaceutical companies primarily located in the U.S., Europe and Japan. GordonMD’s investment approach combines first-hand medical knowledge with rigorous bottom-up analysis to identify prospective investments with the greatest growth opportunities.

SOURCE Rapalogix Health, Inc.

Concord Raises $3M to Build Agentic Execution for Media Buying

Funding backed by A16Z Scout, Drysdale, Motier Ventures, and industry angels accelerates development of agentic media buying, programmatic’s “killer app”

NEW YORK and PARIS, June 23, 2026Concord, the agentic media buying platform, today announced a $3 million seed funding round backed by A16Z Scout, Drysdale, Motier Ventures, Better Angle, and a group of industry angels including Rémi Lemonnier, co-founder of Scibids AI (acquired by DoubleVerify), Philippe Corrot (Mirakl), Arthur Querou (Vibe.co), and Thomas Zaepffel (Adot).

Concord Agent, the company’s flagship product, turns briefs into live campaigns and manages pacing and optimization against campaign KPIs across media platforms simultaneously. The company’s ambition is straightforward: to become the execution infrastructure through which major media budgets flow, enabling media buyers to grow their brands’ market share.

Concord sits natively across DV360, Meta, YouTube, Amazon DSP, The Trade Desk, TikTok, Google Ads and other major buying platforms and works with advertisers in the WPP and Havas agency footprint globally. Early users save up to 70% of the time spent on today’s manual buying loop between execution, optimization and reporting of media campaigns.

“The programmatic stack has delivered abundant media and data access plus media management tools, all of which strain the ability for human buyers to keep pace,” said Mathias Adam at A16Z Scout. “Concord’s buying agents are the “killer app” for programmatic marketing. Concord is automating the last manual processes in media buying, and doing it across every major platform simultaneously with agents that carry out complex tasks on behalf of the media buyer. This is not an incremental fix. It is the execution architecture built for the next era of media buying.”

The round draws validation from one of adtech’s most credible voices. Rémi Lemonnier, who co-founded Scibids and built it into the first customizable AI decisioning layer of programmatic before its acquisition by DoubleVerify, is backing Concord as the execution layer the industry has been missing.

“I spent ten years building the decisioning layer of programmatic with Scibids. The execution layer has yet to be built. It is the missing link of this industry, and Concord is the first team I have seen going after it with the right level of experience and ambition,” said Lemonnier.

“Media buying is still held together by manual work spread across a dozen disconnected platforms,” said Nathan Venezia, CEO and co-founder of Concord. “We are building the infrastructure it runs on. Execution should be automated, learning from past campaigns so every team can focus on strategy instead of manual, low-value operations.”

The company was co-founded by Nathan Venezia, who previously founded and sold Manadge to iHeartMedia, one of the largest media companies in the United States, alongside Nicolas Cosson (CTO) and Antoine Chwalek (Head of Engineering), who previously built and led the adtech platform at Adot (Veepee Ads).

The new funding will accelerate product development, expand platform coverage, and grow the team as Concord scales its presence across the US and EMEA.

About Concord

Concord is the agentic media buying platform. Concord Agent turns briefs into live campaigns, manages pacing and optimization across every major buying platform simultaneously, and learns from every campaign to make the next one smarter. Built as the execution infrastructure for modern media buying in the intelligence era, Concord works with large global agencies and major advertisers across the US and EMEA. For more, visit concord.ad.

SOURCE Concord

Sophia Space Announces $7 Million SAFE Financing, Bringing Total Funding to $22 Million

Strategic investors include EverGreen Fund – The NVIDIA Alumni Investment Network, SparkLabs Group, and other leading backers supporting the future of AI-powered space technology.

PASADENA, Calif., June 23, 2026 — Sophia Space, the company building the next generation of AI infrastructure and intelligent systems for the space economy, today announced the finalizing of a $7 million SAFE financing round, bringing the company’s total funding to $22 million to date.

The round includes participation from EverGreen – The NVIDIA Alumni Investment Network – Evergreen, SparkLabs Group, and other strategic investors who share Sophia Space’s vision of accelerating the convergence of artificial intelligence and space technologies.

The new capital will be used to expand product development, grow engineering and commercial teams, accelerate strategic partnerships, and support deployment of Sophia Space’s technology platform across government, commercial, and international markets.

“This financing marks an important milestone,”said Rob DeMillo, Founder and CEO of Sophia Space. “As initiatives like Golden Dome and proliferated satellite constellations reshape the space landscape, demand for autonomous, on-orbit computing is growing rapidly. We’re grateful for the support of investors who share our vision for the future of intelligent space infrastructure.”

The participation of EverGreen, SparkLabs, and other prominent technology-focused investors underscores growing market confidence in the transformative potential of AI-enabled space technologies and autonomous systems.

“EverGreen backs companies at the frontier of AI infrastructure, and Sophia Space is a direct expression of that mission. Building modular, AI-optimized compute for orbit isn’t an adaptation of Earth-based architecture. It’s a ground-up rethink. Our network brings deep expertise across the full AI and HPC stack, and we’ll support Sophia not just at close but through the technical and commercial milestones ahead,” said Jeff Brown, Founding Partner at EverGreen, the NVIDIA Alumni Investment Network. .  

“Sophia Space is operating at the intersection of two of the most transformative technology trends of our time: artificial intelligence and the expanding space economy,” noted Bernard Moon, Co-founder & Partner at SparkLabs Group.  “Their team has demonstrated a clear vision, strong technical execution, and a compelling strategy for building the intelligent infrastructure that future space operations will require.”

Since its founding, Sophia Space has focused on developing technologies that enable more intelligent, scalable, and autonomous operations across the rapidly expanding space economy. The company is positioned at the intersection of artificial intelligence, advanced computing, and aerospace innovation, addressing emerging opportunities in both terrestrial and orbital environments.

“We believe the future of space will be increasingly driven by intelligent systems,” added Founder and CTO Dr. Leon Alkalai. “This investment allows us to move faster, deepen our technical capabilities, and continue delivering solutions that help define the next era of space innovation.”

With total funding now reaching $22 million, Sophia Space is accelerating its roadmap while expanding its presence within the global AI and aerospace ecosystems.

About Sophia Space  

Sophia Space is building advanced AI-powered technologies and infrastructure for the emerging space economy. By combining cutting-edge artificial intelligence, autonomous systems, and aerospace innovation, the company enables organizations to operate more intelligently, efficiently, and securely across space and terrestrial environments.

SOURCE Sophia Space

TurboFlow Raises $6 Million Seed Led by Pantera Capital to Bring Institutional Trading Infrastructure to Everyday Users

TurboFlow makes sophisticated trading simple, fair, and accessible

  • TurboFlow has processed $19.15B in total trading volume across 14.54k + total users
  • The round is led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group (DCG)
  • TurboFlow provides retail users with access to professional-grade market infrastructure through a transparent, high-liquidity platform that’s simple, fair, and accessible, built for the next generation of global traders

SINGAPORE, June 22, 2026 — TurboFlow, an on-chain trading ecosystem designed to bring institutional-grade market access to everyday users, today announced the closing of a $6 Million seed funding round led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group (DCG).

The funding will support TurboFlow’s mission to democratize access to sophisticated trading products by combining perpetual contracts and prediction markets within a single high-performance platform. Both categories are surging: according to CoinGecko Research, crypto perpetual futures volume climbed from $4.14 trillion to $7.24 trillion year-over-year by January 2026, while according to Artemis data, prediction market volumes grew nearly 4X in 2025 to $64B and are on pace to exceed $325B in 2026, with analysts projecting volumes could exceed $1.1 trillion by 2030.

The two markets are converging: perps let traders express a continuous view on an asset’s price, while prediction markets let them express a continuous view on an event’s outcome, two sides of the same underlying instinct to price uncertainty in real time. As that line between categories disappears, TurboFlow is built for exactly this shift, pairing institutional-grade infrastructure with an intuitive, consumer-focused platform that unifies both products into a single venue. The company will use the capital to expand product development, strengthen liquidity infrastructure, and accelerate global user growth.

“Our vision is simple: everyone deserves a seat at the table,” said Tony He, Founder of TurboFlow. “For too long, the best trading opportunities and infrastructure have been reserved for institutions. TurboFlow combines the simplicity consumers expect from modern apps with the liquidity, execution quality, and risk management systems traditionally available only to professional market participants. With the support of Pantera, Susquehanna Crypto, and DCG, we’re accelerating our mission to make powerful financial markets accessible to anyone, anywhere.”

TurboFlow is pioneering what it calls “high-velocity event trading” — a new approach to prediction and derivatives markets designed for speed, accessibility, and ease of use. The platform enables users to participate in markets with entry thresholds as low as $2 while benefiting from institutional-quality liquidity and pricing.

“Financial markets work best when participation is broad and access is equitable,” said Paul Veradittakit, Managing Partner at Pantera. “TurboFlow’s vision of making institutional-grade trading infrastructure available to anyone, anywhere aligns with our belief that blockchain technology can create more transparent and inclusive markets. With strong early traction and a clear product vision, we believe TurboFlow is building an important piece of the future of on-chain trading.”

Key features of the platform include:

  • Fast Settlements: Optimized infrastructure designed to support short-duration event contracts and rapid capital efficiency.
  • Accessible Participation: Low minimum trade sizes that reduce barriers to entry for users worldwide.
  • Consumer-First Design: A streamlined trading experience that abstracts blockchain complexity while preserving transparency and self-custody principles.

TurboFlow believes the convergence of prediction markets and perpetual trading represents a significant opportunity to create more efficient, transparent, and accessible financial markets. As the platform grows, the company plans to expand partnerships across the broader digital asset ecosystem and provide developers with access to its liquidity and risk infrastructure.

“This funding represents more than capital,” added He. “It’s validation that the future of trading should be more open, more intuitive, and more accessible. We’re building the infrastructure that allows anyone—not just institutions—to participate in global markets on equal footing.”

To learn more, visit the TurboFlow website and follow them on X.

About TurboFlow
TurboFlow is an on-chain trading ecosystem at the intersection of perpetual contracts and prediction markets. Built on the belief that trading should be simple, fair, and accessible, TurboFlow provides retail users with access to professional-grade market infrastructure through a transparent, high-liquidity platform designed for the next generation of global traders.

Media Contact
[email protected]

SOURCE TurboFlow

Australia’s Drummond Capital Partners Secures Investment from Kudu Investment Management

NEW YORK, June 22, 2026 — Kudu Investment Management, LLC (Kudu), a leading provider of permanent capital solutions to asset and wealth management firms globally, and Drummond Capital Partners (Drummond), an Australian boutique manager specializing in institutional quality, active managed accounts, today announced that Kudu has made a minority investment in Drummond.

Drummond’s founders, Tom Schubert and Nick Reddaway, will remain majority owners and Drummond will continue to operate under the same leadership team, investment framework and client service model. Founded in 2017, Drummond, with offices in Melbourne, Brisbane, Sydney and Perth, manages A$6.6 billion in assets in tailored investment portfolios for financial advisors.

“We see a promising long-term opportunity in the Australian wealth management sector,” said Chris Shin, partner and co-CIO at Kudu. “Drummond is a high-quality business with a differentiated offering and coherent strategic direction. Our role is to provide long-term capital to support that vision—without altering what makes the firm successful.”

Tom Schubert, co-founder and CEO of Drummond, said, “This partnership is about strengthening what already makes Drummond different. We were very deliberate in seeking a partner whose capital is permanent, whose approach is genuinely long-term, and whose model allows us to remain fully independent. We have built a high-quality business by partnering closely with advice firms, and this investment enables us to continue investing in our team, our product suite and the broader support we provide to clients.”

About Drummond Capital Partners
Drummond is an Australian based boutique investment manager specialising in advice-led managed account solutions. Drummond partners with select advice firms to design, deliver and manage SMA portfolios that enhance investment outcomes, strengthen governance and support better client engagement. The firm was founded in 2017 with a clear objective: to bring institutional quality investment management into the wealth management sector in a way that is practical, transparent and aligned with how advice businesses operate. For more information, visit www.drummondcp.com.

About Kudu Investment Management, LLC
New York-based Kudu Investment Management provides long-term capital solutions—including generational ownership transfers, management buyouts, acquisition and growth finance, as well as liquidity for legacy partners—to independent asset and wealth managers globally. Since its founding in 2015, Kudu has invested in 34 asset and wealth managers representing US$154 billion as of March 31, 2026. Kudu is backed by capital partners White Mountains Insurance Group, Ltd. (NYSE: WTM) and MassMutual. For more information, visit www.kuduinvestment.com.

For Kudu Investment Management:

Margaret Kirch Cohen
Newton Park PR
[email protected]
+1 847-507-2229

SOURCE Kudu Investment Management, LLC