HAMBURG, Germany, Nov. 11, 2026 — H.I.G. Capital (“H.I.G.”), a leading global private capital firm with $76 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to acquire a majority stake in go asia (“go asia” or the “Company”), Germany’s largest retail chain for Asian food. Financial terms of the transaction were not disclosed. The transaction is subject to customary regulatory approvals.

Founded in 2008 and headquartered in Berlin, go asia operates over 70 stores in more than 30 cities across Germany. With a range of over 10,000 products from across Asia and more than 1,600 employees, the Company addresses the growing demand for authentic Asian cuisine from a well-diversified customer base.

H.I.G. and the founding family led by Wengui Ye have agreed to enter into a partnership to accelerate the Company’s next phase of growth. H.I.G. will contribute its retail and consumer expertise, international network, and capital resources to support go asia’s dynamic store network expansion in Germany and Europe. The founding family will reinvest and retain a significant ownership interest in the Company, and founder Wengui Ye and the Company’s management team will continue to play an active role in shaping go asia’s future.

Wengui Ye, founder of go asia, commented: “When I opened our first store in Berlin in 2009, my vision was to bring authentic Asian cuisine to German homes. Today, I am proud that go asia is Germany’s largest Asian food retailer – and we still see significant untapped growth potential both in Germany and especially across Europe. With its vast retail experience, strong international network, and partnership-oriented, operational approach, H.I.G. is the ideal partner for our next stage of growth. My family and I will remain significantly invested, and I look forward to continuing to shape the future of go asia together with H.I.G. and our outstanding team.”

Christian Kraul-von Renner, Managing Director at H.I.G., remarked: “go asia is an impressive founder-led success story. Wengui Ye and his team have built Germany’s largest Asian food retailer with an authentic product range and a distinctive, scalable store concept. We see significant potential to expand the store network in Germany as well as to enter other European markets. Together with the Ye family and the management team, we look forward to accelerating go asia’s next phase of growth.”

About go asia

Founded by Wengui Ye in Berlin in 2008, go asia opened its first store in Berlin-Charlottenburg in 2009. Today, with over 70 stores in more than 30 cities and over 1,600 employees, go asia is Germany’s largest retail chain for Asian food. Its stores are located predominantly in city-center locations, shopping centers, and transport hubs, complemented by an online shop. The Company’s assortment comprises over 10,000 products from across Asia, ranging from rice, noodles, sauces, and spices to frozen and fresh products, beverages, and kitchenware. For more information, please visit the go asia website at goasia.net.

About H.I.G. Capital

H.I.G. is a leading global private capital firm with $76 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:

• H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
• H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets.
• H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
• H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and its affiliates.

Contact:

Christian Kraul-von Renner
Managing Director
[email protected]

H.I.G. European Capital Partners GmbH
Warburgstrasse 50
20354 Hamburg
Germany
P: +49 40 41 33 06 100
hig.com

HAMBOURG, Allemagne, 11 novembre 2026 — H.I.G. Capital (« H.I.G. »), une société de capital-investissement mondiale de premier plan avec 76 milliards de dollars de capital sous gestion, a le plaisir d’annoncer qu’une filiale a signé un accord définitif pour acquérir une participation majoritaire dans go asia (« go asia » ou la « Société »), la plus grande chaîne de vente au détail de produits alimentaires asiatiques en Allemagne. Les conditions financières de la transaction n’ont pas été divulguées. La transaction est soumise aux approbations réglementaires habituelles.

Fondée en 2008 et basée à Berlin, go asia exploite plus de 70 magasins dans plus de 30 villes à travers l’Allemagne. Avec une gamme de plus de 10 000 produits provenant de toute l’Asie et plus de 1 600 employés, l’entreprise répond à la demande croissante de cuisine asiatique authentique d’une clientèle très diversifiée.

H.I.G. et la famille fondatrice dirigée par Wengui Ye ont décidé de mettre en place un partenariat afin d’accélérer la prochaine phase de croissance de l’entreprise. H.I.G. contribuera son expertise en matière de vente au détail et de consommation, son réseau international et ses ressources financières pour soutenir l’expansion dynamique du réseau de magasins de go asia en Allemagne et en Europe. La famille fondatrice réinvestira et conservera une participation importante dans la société, et le fondateur Wengui Ye ainsi que l’équipe dirigeante de la société continueront de jouer un rôle actif dans l’avenir de go asia.

Wengui Ye, fondateur de go asia, a commenté : « Lorsque j’ai ouvert notre premier magasin à Berlin en 2009, ma vision était d’apporter une cuisine asiatique authentique aux foyers allemands. Aujourd’hui, je suis fier que go asia soit le plus grand distributeur de produits alimentaires asiatiques en Allemagne – et nous constatons encore un potentiel de croissance important inexploité, en Allemagne et, également, dans toute l’Europe. Grâce à sa vaste expérience dans le commerce de détail, son solide réseau international et son approche opérationnelle axée sur le partenariat, H.I.G. est le partenaire idéal pour la prochaine étape de notre croissance. Ma famille et moi-même resterons fortement impliqués et je me réjouis de continuer à façonner l’avenir de go asia avec H.I.G. et notre équipe exceptionnelle. »

Christian Kraul-von Renner, directeur général de H.I.G., a déclaré de son côté : « go asia est une impressionnante réussite initiée par son fondateur. Wengui Ye et son équipe ont bâti le plus grand détaillant de produits alimentaires asiatiques d’Allemagne, grâce à une gamme de produits authentiques et un concept de magasin distinctif et évolutif. Nous voyons un potentiel important pour développer le réseau de magasins en Allemagne et pour pénétrer dans d’autres marchés européens. Avec la famille Ye et l’équipe de direction, nous sommes impatients d’accélérer la prochaine phase de croissance de go asia. »

À propos de Go Asia

Fondée par Wengui Ye à Berlin en 2008, go asia a ouvert son premier magasin à Berlin-Charlottenburg en 2009. Aujourd’hui, avec plus de 70 magasins répartis dans plus de 30 villes et plus de 1 600 employés, go asia est la plus grande chaîne de distribution de produits alimentaires asiatiques en Allemagne. Ses magasins sont principalement situés en centre-ville, dans les centres commerciaux et les gares, et sont complétés par une boutique en ligne. L’assortiment de la société comprend plus de 10 000 produits provenant de toute l’Asie, allant du riz, des nouilles, des sauces et des épices aux produits surgelés et frais, aux boissons et aux articles de cuisine. Pour plus d’informations, veuillez consulter le site web de go asia à goasia.net.

À propos de H.I.G. Capital

H.I.G. est une société de capital-investissement mondiale de premier plan, gérant 76 milliards de dollars d’actifs*. Basée à Miami, elle possède des bureaux à Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco et Stamford aux États-Unis, ainsi que des filiales internationales à Hambourg, Londres, Luxembourg, Madrid, Milan, Paris, Bogota, Rio de Janeiro, Dubaï et Hong Kong. H.I.G. se spécialise dans le financement par emprunt et par actions des entreprises de taille moyenne, en adoptant une approche flexible, opérationnelle et créatrice de valeur.

• Les fonds d’actions de H.I.G. investissent dans des rachats par la direction, des recapitalisations et des cessions d’entreprises, qu’elles soient rentables ou sous-performantes, dans les secteurs de la fabrication et des services.
• Les fonds de dette de H.I.G. investissent dans des financements par emprunt de rang supérieur, de type « unitranche » et de rang inférieur destinés à des entreprises de toutes tailles, tant sur le marché primaire (émissions directes) que sur les marchés secondaires.
• Les fonds immobiliers de H.I.G. investissent dans des biens à valeur ajoutée qui peuvent bénéficier d’une amélioration des pratiques de gestion des actifs.
• H.I.G. Infrastructure se concentre sur les investissements à valeur ajoutée et les investissements « core plus » dans le secteur des infrastructures.

Depuis sa création en 1993, H.I.G. a investi dans de plus de 400 entreprises à travers le monde et en a assuré la gestion. Le portefeuille actuel de la société comprend plus de 100 entreprises dont le chiffre d’affaires cumulé dépasse les 53 milliards de dollars. Pour plus d’informations, veuillez consulter le site Web de H.I.G. à l’adresse hig.com.

*Basé sur le capital total levé par H.I.G. Capital et ses filiales.

Contact :

Christian Kraul-von Renner
Directeur général
[email protected]

H.I.G. European Capital Partners GmbH
Warburgstrasse 50
20354 Hambourg
Allemagne
Tél. : +49 40 41 33 06 100
hig.com

SHANGHAI, Nov. 11, 2026 — On November 10, 20^th Global Entrepreneurship Week China 2026 (hereinafter referred to as “Entrepreneurship Week”) kicked off in Shanghai.

Running from November 10 to 14, 2026 for five days, this edition features more than 50 entrepreneurship events, bringing together over 100 distinguished global guests, representatives from nearly 500 cutting-edge tech enterprises and professional investment institutions, and more than 1,500 entrepreneurs.

By focusing on “Learning”, “Showcase”, “Matchmaking” and “Empowerment”, Global Entrepreneurship Week China builds an all-round entrepreneurship support ecosystem and creates an international platform for in-depth exchanges among entrepreneurs.

This year’s event further elevates its international profile. Jonathan Ortmans, Founder and President, Global Entrepreneurship Network, led a delegation of more than 20 international guests, including outstanding entrepreneur representatives and seasoned entrepreneurship mentors from the Republic of Korea, the United States, Chile, Germany, Egypt, New Zealand and other countries, to Global Entrepreneurship Week China, enabling Chinese and foreign entrepreneurs to share valuable experience from diverse entrepreneurial ecosystems with zero distance.

Taking the 20th anniversary as an opportunity, this year’s Entrepreneurship Week further highlights its role in disseminating innovative ideas. It features five themed days tailored to Shanghai’s industrial tracks, catering to the growth needs of entrepreneurs across the full lifecycle. Future Intelligence Day focuses on cutting-edge areas including intelligent computing, general AI, quantum technology and humanoid robots; Future Manufacturing & Materials Day focuses on sectors such as humanoid robots, precision intelligent equipment and flexible manufacturing; Future Energy Day focuses on controllable nuclear fusion, advanced nuclear energy, long-duration energy storage, hydrogen energy, solid-state batteries and other fields; Future Health Day covers tracks of brain-computer interface, cell and gene therapy, biomanufacturing and regenerative medicine; Angel Fund & Future Space Day centers on campus entrepreneurship, early-stage startup pitching, entrepreneurship research, commercial aerospace, low-altitude economy, future mobility and other themes.

More than 50 entrepreneurship activities including startup project pitching, achievement exhibitions, sci-tech innovation community exchanges, and cultural and sports interactions will be held successively on Fuxing Island. These activities build a platform for global entrepreneurs to connect technologies, capital and industrial resources, and the event will run through November 14.

SOURCE Global Entrepreneurship Week China

Transaction reflects realization of CC Capital’s vision to accelerate growth and position the business for its next phase

NEW YORK, Nov. 10, 2026 — CC Capital, a private investment firm focused on investing in and operating high-quality businesses for the long term, and Motive Partners (“Motive”), a private investment firm exclusively focused on financial technology and technology-enabled business services, today announced an agreement to sell Wilshire, a global investment advisory, solutions and analytics firm, to Marsh (NYSE: MRSH), a leading global professional services firm. 

Since investing in Wilshire in 2021, CC Capital and Motive have worked alongside management to bolster the business through a strategic value creation program, including:

• Modernizing technology and data infrastructure, including platform investments in cloud and API-enabled technology and cybersecurity;
• Advancing AI-enabled operating workflows;
• Investing in product development to translate Wilshire’s proprietary intellectual property into new investment solutions;
• Rearchitecting the company’s go-to-market approach to expand its sales pipeline, strengthen client coverage and improve sales execution;
• Reshaping the portfolio around high-growth businesses in priority markets positioned for continued expansion;
• Completing the strategic acquisitions of XTP, ParkLexington, and Lyxor, resulting in the expansion of alternatives and institutional hedge fund managed accounts offerings, and deepening connectivity with financial intermediaries and retirement providers; and
• Strengthening leadership through the appointment of key executives, including current Executive Chairman Tom Sanzone, as well as the expansion of talent recruitment and development across the C-suite.

“When we originally invested in Wilshire, we saw a clear opportunity to build on the firm’s five decades of expertise and strong client relationships while positioning the business for its next phase of growth,” said Chinh Chu, Founder and Senior Managing Director of CC Capital. “We are proud to have supported management and the company through investments in talent, technology and data, and believe this is a strong outcome for all of the company’s stakeholders.”

“In partnership with Wilshire, we executed a focused value creation strategy to accelerate organic revenue growth through product innovation, technology-enabled workflows and a stronger go-to-market approach, complemented by strategic acquisitions that expanded Wilshire’s capabilities and reach,” said Douglas Newton, Co-Founder and Senior Managing Director of CC Capital. “The management team’s dedication and execution were instrumental in advancing that strategy. We especially thank Tom Sanzone, whose leadership has been central to driving innovation and reinforcing Wilshire’s market-leading position.”

“Over the past several years, we have materially strengthened Wilshire’s platform, expanded our capabilities and sharpened our focus on the needs of our clients,” said Jason Schwarz, Chief Executive Officer of Wilshire. “We are grateful for our partnership with CC Capital, and for the commitment of our employees, clients and Board. Joining Marsh’s investment business will enable Wilshire to build on that progress and continue delivering independent insight, investment solutions and technology-enabled services to clients globally.”

Wilshire now stands apart by pairing a 50-year heritage in investment consulting, indexing and fiduciary advice with a modern, fully cloud-based, API-enabled platform built around a unified data and analytics stack that spans investment solutions and alternatives. With data as its core asset, Wilshire boasts a differentiated investment solutions and analytics platform featuring capabilities that now include:

• Advisory services across approximately $1.6 trillion of client assets¹ and management of approximately $221 billion in assets²;
• Wealth and retirement solutions supporting thousands of defined-contribution plans; and
• A differentiated alternatives business, including hedge fund managed accounts and private markets solutions.

The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals and other customary closing conditions.

About CC Capital
CC Capital Partners is a private investment firm based in New York, NY that was founded in late 2015 with a focus on investing in and operating high-quality businesses for the long term. The firm evaluates investments anticipating a hold-period well beyond that of a typical private equity firm and funds its investments through a variety of permanent capital sources. CC Capital frequently partners with highly seasoned executives, managers and owners seeking to create significant value post-acquisition. More information on CC Capital can be found at www.cc.capital.

About Wilshire
Wilshire is a global investment advisory, solutions and analytics firm and trusted partner to a diverse range of leading institutional investors and financial intermediaries. Wilshire advises on over $1.6 trillion in assets and manages $221 billion in assets as of June 30, 2026. Wilshire is headquartered in the United States with offices worldwide. More information on Wilshire can be found at www.wilshire.com.

Media Contacts:
Kate Thompson / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
+1-212-355-4449
[email protected]   

¹ This AUA is presented as of June 30, 2026, and was provided independently by Wilshire. It refers to the total amount of assets (inclusive of assets under management) attributable to all of Wilshire’s advisory relationships, including various consulting and advisory relationships for which Wilshire provides investment advisory services without engaging, on either a discretionary or non-discretionary basis, in the direct management of a client’s portfolio.

² The AUM is presented as of June 30, 2026, and was provided independently by Wilshire. This figure refers to the amount of assets attributable to securities portfolios for which Wilshire provides discretionary and non-discretionary asset management services and may be different from Regulatory Assets Under Management as presented in the firm’s ADV.

SOURCE CC Capital

Investment to Accelerate iCareManager’s Mission to be the System of Record for Intellectual and Developmental Disability and Human Services Providers

• iCareManager receives growth investment from Five Elms Capital to build a leading AI-native platform for intellectual and developmental disability (IDD) care providers
• Funding will modernize the platform, expand AI capabilities, extend go-to-market reach, and grow the senior leadership team
• High-quality customer support remains core to the strategy as iCareManager serves a growing provider base
• Five Elms brings deep experience scaling vertical AI-native software businesses

COLUMBIA, Md., Nov. 10, 2026 — iCareManager, a leading EHR and care management platform purpose-built for providers supporting people with intellectual and developmental disabilities (IDD), today announced a strategic growth investment from Five Elms Capital. The partnership will accelerate product innovation, expand AI capabilities, grow the leadership team, and extend iCareManager’s reach to more provider organizations across the U.S.

IDD providers operate in one of healthcare’s most complex environments, navigating state-specific Medicaid waivers, service authorizations, billing, EVV, medication management, and compliance amid workforce shortages and financial pressure. Since 2011, iCareManager has simplified these challenges with technology built specifically for the IDD community.

iCareManager is a unified platform that connects clinical care, service delivery, compliance, workforce management, and billing for human services providers. It brings person-centered planning, eMAR, documentation, scheduling, and Medicaid billing into one view, with built-in support for state-specific rules and EVV. White-glove onboarding and ongoing support help providers adopt it with confidence.

“Over the years, we’ve built iCareManager with a clear purpose: to make technology work better for the people who provide support and care,” said Kamal Sheikh, Co-Founder and CEO of iCareManager. “We’re now entering a new era where AI will fundamentally change how people work and interact with technology. The next generation of software won’t just help people manage their work; it will increasingly work alongside them. Five Elms understands what we’ve built, the market we serve, and where we want to go. This partnership gives us the resources and expertise to accelerate that vision, continue innovating, and bring more value to the providers who rely on us every day.”

With Five Elms Capital’s investment, iCareManager plans to advance the modernization of its technology platform while expanding its next generation of AI-enabled capabilities. “So much of a provider’s day runs through iCareManager, from support plans and medication administration to compliance and billing, all on a single record,” said Zach Gornet, Vice President at Five Elms Capital. “The AI capabilities the team is building will take real administrative weight off direct support professionals so they can spend more time with the people they serve.”

Building on its integrated foundation, iCareManager is developing practical, responsible AI tools that simplify documentation, surface relevant information, and support clinical and operational decisions, reducing administrative work so staff can spend more time on quality care.

“20 years inside the daily work of IDD and assisted living providers has given iCareManager a deep understanding of the data and information behind every service delivered, and that is where AI changes everything,” said Babar Nawaz, Co-Founder & COO of iCareManager. “AI will never replace the human. It will replace the admin work and the tedious work, so staff can spend their time helping individuals and residents in a much better way. With Five Elms behind us, this is a game-changing moment for iCareManager. We now have the backing to bring better, safer technology and better AI to every provider out there. The next chapter is going to be very exciting, and we are just getting started.”

As iCareManager enters its next phase of growth, its mission is unchanged: giving organizations that support people with intellectual and developmental disabilities technology that simplifies operations, strengthens compliance, and frees caregivers to spend more time with the people they serve.

Austin Gideon, Principal at Five Elms Capital, commented on the investment: “Five Elms backs category-defining software built by exceptional teams, and iCareManager is exactly that. The company has become essential for agencies supporting people with intellectual and developmental disabilities. We’re proud to partner with the iCareManager team on the next phase of growth.”

Vista Point Advisors acted as the exclusive financial advisor to iCareManager. 

About iCareManager

iCareManager is a cloud-based EHR and care management platform for IDD, assisted living, and human services providers. Founded in 2011 and headquartered in Columbia, Maryland, the platform unifies care planning, documentation, eMAR, incident reporting, staff management, attendance, and billing and claims in a single system, and is extended by AI products that automate documentation, medication safety, care planning, and claims. iCareManager is SOC 2 Type II certified and HIPAA compliant. For more information, please visit icaremanager.com. 

About Five Elms Capital

Five Elms Capital is a growth investor in vertical AI-native businesses disrupting legacy software. We provide capital and resources to help companies accelerate growth and further cement their role as industry leaders.

With over $3 billion in assets under management and a team of over 80 professionals, Five Elms has invested in more than 70 software platforms worldwide. Beyond providing capital, Five Elms delivers strategic and operational expertise, focused on executing initiatives that move the needle on AI, growth, retention, and product to set companies up for long-term success.

SOURCE Five Elms Capital

Global Made to Order™ startup builder sur mesure va ouvrir un bureau à Austin, dirigé par son PDG Ron Kornfeld.

AUSTIN, Texas, 10 novembre 2026 — XLIO a obtenu 100 millions de dollars supplémentaires pour porter son financement total disponible à 150 millions de dollars. Les fonds seront utilisés pour la création de startups sur mesure à l’intention d’entreprises technologiques de premier plan. Le PDG Ron Kornfeld dirigera le nouveau bureau d’Austin, au Texas.

La solution « Made to Order » offre aux organisations une voie différente pour accéder aux nouvelles technologies. Plutôt que d’acheter une entreprise existante et de l’adapter, le client définit précisément les capacités dont il a besoin. XLIO finance et crée ensuite une start-up dédiée à sa mise en œuvre, implantée et constituée à l’endroit qui convient le mieux au client. Une fois que l’entreprise atteint les indicateurs clés de performance convenus, généralement dans un délai d’un à trois ans, le client acquiert à la fois l’équipe et la technologie. Les transactions se situent généralement entre 10 et 50 millions de dollars.

Ce nouveau financement permet à XLIO de mener en parallèle davantage de projets Made to Order et d’étendre le modèle à de nouveaux secteurs et zones géographiques.

Le bureau d’Austin, situé au 801 Barton Springs Rd, Austin 78704, Texas, rapproche XLIO des ingénieurs talentueux, des fondateurs et des acheteurs d’entreprises auxquels Made to Order s’adresse. Les startups basées à Austin ont levé un montant record de 7,19 milliards de dollars en financement de capital-risque en 2025, soit une hausse de 64,8 % par rapport à 2024, selon Crunchbase.

L’écosystème des start-ups dans la région a des racines profondes. IBM, Texas Instruments et Motorola ont ouvert des filiales à Austin entre 1967 et 1974, et Dell a été fondée dans la ville en 1984. Leur présence précoce a permis de constituer un vivier de talents en ingénierie qui a ensuite attiré les sièges sociaux d’entreprises telles que Tesla dans la région et qui alimente aujourd’hui une nouvelle vague de start-ups.

« L’écosystème des startups à Austin est dynamique », a déclaré Ron Kornfeld, PDG de XLIO Ventures. « On y trouve un vivier exceptionnel d’ingénieurs talentueux, un flux constant de fondateurs expérimentés et un milieu des affaires qui soutient les nouvelles entreprises. J’ai déménagé ici parce que je veux que nos clients en profitent aussi. La solution “Made to Order” permet aux entreprises de tirer parti du talent et du rythme d’Austin pour obtenir la technologie exacte dont elles ont besoin, conçue par une équipe qui se consacre exclusivement à cela. Ce financement va nous permettre d’aider beaucoup plus d’entre eux à s’implanter ici. »

À propos de XLIO

Fondée en 2020 et basée à Londres et à Seattle, XLIO Ventures offre aux organisations une nouvelle voie pour acquérir la technologie dont elles ont besoin. Grâce à son modèle Made to Order™, XLIO finance et construit une société technologique dédiée aux besoins précis d’un seul client, puis la lui transfère par acquisition uniquement une fois les objectifs de performance convenus atteints. Dirigée par son PDG Ron Kornfeld et soutenue par des fonds de capital-investissement, XLIO travaille avec des fournisseurs de technologies et d’autres grandes organisations qui se démarquent en investissant dans leur propre technologie propriétaire. Pour en savoir plus, consultez xl.io.

Contact avec les médias

Andrew Moloney, XLIO Ventures, [email protected]

TOKYO, Nov. 10, 2026 — BionicM Inc. (Headquarters: Bunkyo-ku, Tokyo; President & CEO: Xiaojun Sun; hereinafter “BionicM”), a developer of next-generation powered prosthetic legs applying humanoid robotics technology, today announced that it has raised JPY 710 million (approximately USD $4.5 million) in the first closing of its Series B round, which includes prior investments via J-KISS convertible equity. This brings the company’s total funding to date to JPY 2.58 billion, encompassing both equity financing and government grants.

■ Key Investors in This Round

B Dash Ventures Inc.
Mitsubishi UFJ Capital Co., Ltd.

In addition, overseas investors and individual angel investors joined this closing.

■ Background and Objectives of the Fundraising

Guided by its mission, ‘Powering Mobility for All,’ BionicM develops and commercializes powered prosthetic limbs that integrate robotics with the human body, built upon research breakthroughs originating from the University of Tokyo.

To date, through its motorized powered prosthetic knee “Bio Leg®,” BionicM has achieved significant milestones, including U.S. FDA Class II medical device registration, PDAC-verified reimbursement codes, and the establishment of local commercialization operations in the United States. In 2026, the company’s technological and commercial achievements were recognized with the prestigious Minister of Economy, Trade and Industry Award at the University-Launched Venture Awards.

The newly procured funds will be allocated toward reinforcing the production infrastructure and expanding sales and marketing capabilities in the United States ahead of the commercial launch of its next-generation product, “ASISTA™,” scheduled for 2027.

■ The U.S. Prosthetics Market Today: An Inflection Point for the Adoption of Powered Technologies

The landscape surrounding prosthetics in the United States is undergoing a significant transformation. With the rising prevalence of diabetes and an aging population of prosthetic users, there is a growing demand for prosthetics that go beyond merely supporting body weight. Users are increasingly seeking solutions that actively assist movement, reduce physical strain, and enable smoother daily living.

Meeting this demand are powered prosthetics—equipped with active movement-generating capabilities that apply humanoid robotics technology. Recognized for their ability to address real-world patient challenges, these solutions gained significant regulatory momentum in 2025 with the introduction of new reimbursement codes specifically designated for electromechanical control (via motors and actuators), distinct from traditional fluid control (hydraulic and pneumatic systems). This regulatory milestone is strongly accelerating the market penetration of motor-controlled prosthetic technologies across the United States.

■ About the New Product “ASISTA™”

ASISTA is a pioneering electromechanical Microprocessor Knee (MPK) in the U.S. market, engineered with an innovative “Flexion and Extension Assist” mechanism.

While conventional MPKs rely primarily on passive microprocessor-controlled hydraulic resistance (braking systems), ASISTA utilizes proprietary robotic actuation technology and advanced control algorithms to actively assist both knee flexion (bending) and extension (straightening). Together, ASISTA’s flexion and extension assistance is designed to help users walk with greater confidence across grass, gravel, slopes, and uneven terrain; walk farther with less fatigue by reducing effort with each step; stand up with less effort through smoother sit-to-stand transitions and reduced reliance on upper-body compensation; and feel added stability when it matters most through controlled assistance during standing and walking.

■ Executive & Investor Comments

Xiaojun Sun, Founder & CEO of BionicM Inc.:

Hiroyuki Watanabe, Representative Director of B Dash Ventures Inc.:

Yuichi Nishio, Executive Officer & General Manager of Investment Division III, Mitsubishi UFJ Capital Co., Ltd.:

■About BionicM Inc.

BionicM was founded based on research spearheaded by Sunny Xiaojun Sun during his doctoral studies at the University of Tokyo under the mentorship of Professor Masayuki Inaba (now Professor Emeritus), supported by the START Program of the Japan Science and Technology Agency (JST). Using humanoid robotics technology as its core foundation, BionicM is a global startup dedicated to its mission of “Powering Mobility for All,” developing and commercializing powered prosthetics that significantly enhance the mobility and quality of life (QOL) of lower-limb amputees worldwide.

Note: Bio Leg® incorporates outcomes derived from project support by the New Energy and Industrial Technology Development Organization (NEDO) and the Ministry of Health, Labour and Welfare’s Project to Promote the Development of Assistive Devices for Persons with Disabilities.

Note: Bio Leg® is a registered trademark of BionicM Inc.

Media & Investor Contacts of BionicM Inc.

Address: 203 The University of Tokyo Entrepreneur Plaza, 7-3-1 Hongo, Bunkyo-ku,

Tokyo 113-0033, Japan

SOURCE BionicM USA

• Index Industries is co-founded by Josh Rosenthal, formerly the President of Polychain Capital, joining as CEO, and Brian Hardecker, CEO of Longmark and formerly of Blackstone, joining as Chairman.
• The round is backed by Lightspeed Venture Partners, Galaxy Ventures, Polychain Capital, Wintermute Ventures and more.
• Index Industries will launch the USHP Index, a proprietary benchmark for U.S. home prices, made investable through USHP, a liquid index product, issued by USHP Limited.

NEW YORK, Nov. 10, 2026 — Index Industries emerges from stealth with a $50 million seed round led by Lightspeed Venture Partners, with participation from Polychain Capital, Galaxy Ventures, Wintermute Ventures, and other institutional investors. The company is building the technology and infrastructure to transform U.S. housing into a broadly investable asset class. Its platform combines a daily-reporting index with tokenization technology and real estate and capital markets services to power third-party housing-linked investment products. USHP, based on Index Industries’ U.S. Home Price Index and issued by USHP Limited (BVI), will be the first investment product built on the platform.

U.S. housing is a $55 trillion market, making it one of the largest asset classes in the U.S. Yet despite its scale, broad-based investment exposure to U.S. home prices has remained difficult to access through traditional financial products. Index Industries was founded to close that gap.

Index Industries’ first offering will be the U.S. Home Price Index (USHP Index), a proprietary benchmark for U.S. home prices. Calculated daily, it integrates data from the major housing indices into a single national measure, providing a continuous and comprehensive read on home prices. The index is intended to support housing-market research, reporting, and portfolio monitoring and housing-related financial products.

Index Industries is co-founded by Josh Rosenthal, who joins as CEO following his role as President and General Partner of Polychain Capital, and Brian Hardecker, a former Principal at Blackstone and the Founder and CEO of Longmark, a leading residential real estate platform formed in 2021 that has $2 billion in assets under management. Index Industries combines two worlds of expertise to bring breakthrough tokenization technology to new real estate assets.

“Indexing is one of the most important and least celebrated innovations in modern finance. It reduces the expertise and cost barriers to investing in an entire market, which is what U.S. housing needs,” said Josh Rosenthal, co-founder & CEO of Index Industries. “I’ve spent my career looking for industry-shaping financial technology, and Index Industries is exactly that. It has the potential to change how the world sees housing: not just as a roof over your head or something that is out of reach, but as an investable asset class.”

“U.S. housing is a massive market. It accounts for roughly a quarter of the aggregate value of the U.S. economy, yet it draws far less attention because there haven’t been accessible ways to take a position in it,” said Brian Hardecker, co-founder and chairman of Index Industries and CEO of Longmark Group. “Housing is uniquely inflation-protected, uncorrelated to other asset classes, and has arguably been one of the most stable paths to wealth accumulation. It hasn’t seen the benefits of financial innovation that other sectors have. That’s beginning to change with USHP, and we’re proud to play a role.”

“Real estate is one of tokenization‘s biggest opportunities, but bringing a $55 trillion asset class onchain requires traditional institutional infrastructure no crypto-native team has ever had. That’s the gap Index Industries closes. It’s rare to see two worlds of expertise converge at this caliber: traditional institutional rigor paired with scalable, secure, compliant technology that will unlock access and liquidity for the world’s largest asset class. Index Industries’ partnership with Longmark made leading this investment an easy decision for Lightspeed,” said Justin Overdorff, Partner at Lightspeed Venture Partners.

Tokenization is a defining innovation in financial markets today, and the world’s largest institutions are racing to adopt it. Index Industries applies tokenization to one of the most sought-after asset classes and is designed to create entirely new financial products that unlock access, income, and liquidity at institutional scale.

The USHP Index is expected to launch imminently. USHP Limited plans to release USHP in 2026 on Ethereum and expand to Solana in 2027. For more information, visit indexindustries.com.

About Index Industries

Index Industries is building the technology and infrastructure to transform U.S. housing into a broadly investable asset class. Founded in 2026 by Josh Rosenthal, CEO of Index Industries and former President of Polychain, and Brian Hardecker, Chairman of Index Industries and CEO of Longmark Group, formerly of Blackstone Real Estate, Index Industries manages the U.S. Home Price Index and provides technology for USHP. To learn more, visit indexindustries.com and follow us on X at @index_inds.

Media Contact: [email protected]

Important Notice

This press release is for informational purposes only and does not constitute an offer to sell, or the solicitation of an offer to buy, any securities or other financial instrument in any jurisdiction, including the United States, or to or for the account or benefit of any U.S. person. No securities described or referenced herein have been or will be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state of the United States, and no such securities may be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration. Index Industries is not the issuer of USHP and will not offer, sell, distribute, market, redeem, or accept subscriptions for USHP. USHP is expected to be issued by USHP Limited, a British Virgin Islands company and a subsidiary of the USHP Foundation, a Cayman Islands foundation company. Any offering of USHP, if made, will be made solely by the issuer pursuant to separate offering materials and only to eligible non-U.S. persons outside the United States in accordance with applicable law.

SOURCE Index Industries

Wipro Ventures participated in Labelbox’s recent Series E funding round

SAN FRANCISCO, Nov. 10, 2026 — Labelbox, the leading data factory trusted by top AI labs and enterprises, has announced its strategic partnership with Wipro Limited, a global AI-powered technology services and consulting company, to accelerate the deployment of AI agents across complex enterprise operations. The partnership brings together Labelbox’s AI capabilities with Wipro’s global expertise and delivery scale to enhance adoption of production-ready AI systems that learn from enterprise experience. Wipro Ventures, the corporate investment arm of Wipro, also announced its participation in Labelbox’s recent funding round.

“Building frontier AI requires bringing exceptional domain expertise closer to the teams developing and deploying AI systems,” said Manu Sharma, CEO of Labelbox. “Through our partnership with Wipro, we look forward to helping enterprises turn their knowledge, workflows, and standards into AI systems that can be rigorously evaluated, continuously improved, and deployed responsibly at scale. Together, we aim to accelerate the adoption of AI agents that learn from experience and deliver meaningful, measurable outcomes across complex enterprise operations.”

The collaboration will integrate Labelbox’s reinforcement learning capabilities with Wipro Intelligence™, the unified suite of AI-powered platforms, solutions, and transformative offerings. Wipro’s forward-deployed engineers (FDEs) will support workflow selection, systems integration, domain-expertise capture, and performance measurement, while customers retain control over permissions, standards, and sensitive actions. Initial use cases include identifying data-quality issues, rerunning evaluations when models change, and comparing experiments to recommend the next step.

“As enterprises move towards more advanced AI systems, reinforcement learning will play an increasingly important role in developing models capable of addressing complex, real-world challenges,” said Malay Joshi, CEO of Americas 1, Wipro Limited. “By bringing Labelbox’s reinforcement learning capabilities with Wipro Intelligence™, and pairing them with our FDEs, we are giving clients a faster, governed path from promising pilots to production results they can measure.”

Labelbox combines managed enterprise agents with reinforcement learning environments and evaluations in a single platform. Unlike a standalone model, its technology is designed around an organization’s own workflows, systems, knowledge, and standards. Labelbox’s Recursion enables agents to coordinate work across business applications, show the evidence behind each result, and retain lessons from reviewed work. Its Horizon product provides reinforcement learning environments and evaluations for reasoning, coding, tool use, and computer use. Together, these capabilities create a feedback loop in which AI systems can be tested, governed, and improved through experience.

About Labelbox
Labelbox is the leading data factory for frontier model development. Trusted by over 80% of leading AI labs in the US and hundreds of enterprises worldwide, Labelbox provides integrated software, managed services, and an expert network that enable organizations to create the high-quality training data required for breakthrough AI systems. Headquartered in San Francisco, the company is backed by leading investors including SoftBank, Andreessen Horowitz, B Capital, Gradient Ventures, Databricks Ventures, and Kleiner Perkins.

SOURCE Labelbox