Successful fundraise of £2m for elevate.io, the Figma for video

Successful fundraise of £2m for elevate.io, the Figma for video




Successful fundraise of £2m for elevate.io, the Figma for video

LONDON, July 03, 2025 (GLOBE NEWSWIRE) — Blackbird plc (AIM: BIRD), developer of the market-leading cloud video platform Blackbird and the browser-based collaborative video editor elevate.io, announces a successful £2 million top-up raise. This fully subscribed investment will accelerate elevate.io’s move from proven product-market fit to scale-up phase.

elevate.io: Browser-based, desktop-quality — with patented IP
elevate.io is a collaborative online video editor with professional-grade tools that runs entirely in the browser. For creators, it feels like a high-performance native desktop app. Powered by Blackbird’s patented, responsive technology and fully hardware agnostic, elevate.io delivers smooth, frame-accurate editing with real-time and asynchronous collaboration. This unique mix of performance and accessibility removes traditional barriers, costly hardware, and complex installs, making professional video production accessible for creators worldwide.

Solving a bottleneck in the Creator Economy
Legacy video editing tools were not designed for today’s decentralised creator economy. Traditional software needs heavy local processing, large file downloads, and time-consuming rendering just to collaborate — while most browser-based editors sacrifice playback quality and responsiveness. elevate.io solves this with frame-accurate, smooth playback and a seamless, fully online editing experience, enabling teams and individuals to collaborate instantly without needing to export or download files.

blackbird

Clear path to revenue
elevate.io launched its paid Creator Plan in February 2025 and has a growing subscriber base, proving clear market validation. The raise will fast-track product development and go-to-market efforts as the company scales. The global creator economy is projected to reach $500 billion by 2027. elevate.io addresses this surge in demand with a best-in-class solution and a serviceable market valued at $6.9 billion.

Blackbird Executive Chair, Ian McDonough, said:
“We believe elevate.io will do for video editing what Figma did for design — unlocking collaborative workflows for millions of creators and brands. With our experienced team and proven technology, this raise puts us in an excellent position to scale up.”

Contacts:
Blackbird plc | Tel: +44 (0)20 8879 7245
Caroline Steiner, Director of Communications

About Blackbird plc
Blackbird plc operates in the SaaS, Media and Entertainment and content creation markets. Its patented technology allows frame-accurate navigation, playback and editing in the cloud. Its products include Blackbird®, used by broadcasters, sports and news specialists, and elevate.io, its browser-based platform for the Creator Economy. Blackbird also licenses its core technology under its ‘Powered by Blackbird’ model, helping video companies move to the cloud.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c87c1a49-8d92-4c7b-84f3-d99853efae86

Mozart AI Empowers Music Producers With AI Co-Production

Mozart AI Empowers Music Producers With AI Co-Production




Mozart AI Empowers Music Producers With AI Co-Production

London, July 02, 2025 (GLOBE NEWSWIRE) — 85% of music today never gets released. London-based Mozart AI has raised $730K in pre-seed funding to solve this problem with the world’s first AI-powered Digital Audio Workstation (DAW) that accelerates music creation without replacing the artist.

The funding round was led by EWOR (backed by unicorn founders), with participation from New Renaissance Ventures, Stefan Glaenzer (founder of last.fm, early backer of Monzo), Atlantis Ventures, and serial entrepreneur Felix Jahn. This fresh investment will be used to scale Mozart AI’s product and team ahead of its public launch on July 16, 2025. “Just 10 days after joining EWOR, Sundar, Arjun, and the team had built a first version of the product. They move at light speed,” said Daniel Dippold, Founder & CEO at EWOR.


Mozart AI founders: (L to R) Arjun Khanna, Immanuel Rajadurai, and Pascual Merita Torres, with CEO Sundar Arvind in the back row. 

The Co-Producer Revolution
Mozart AI’s intelligent DAW understands natural language commands and converts artist instructions into professional-grade musical output. Unlike generative music tools that create complete songs, Mozart AI acts as an AI co-producer, helping artists build tracks step-by-step while maintaining full creative control. “We’re eliminating friction, not creativity,” said Sundar Arvind, CEO and Co-Founder of Mozart AI. “Mozart AI was created to unlock creativity at the speed of inspiration, where every idea becomes a professional-grade song in minutes, not months.”

A simple command like “Hey Mozart, create a euphoric 8-bar chord pattern and EQ the lows out” produces engineered musical output in seconds – technical work that typically takes years to master.

The Mozart AI Digital Audio Workstation.

Built by Artists Who Know the Struggle
Sundar Arvind, a former tennis prodigy turned music producer, was signed to Spinnin’ Records (Warner Bros.) by age 14 and has over 2 million streams on Spotify. He co-founded Mozart AI with King’s College London teammates Arjun Khanna (former professional debater who represented India at UN debates), Pascual Merita Torres (AI master’s from the University of Edinburgh, 10+ years of music production), and Immanuel Rajadurai (AI researcher and professional bassist). Previously, Arvind and Khanna co-founded Blitzo, an AI delivery platform that reached £1.3M ARR.

Max Sarre, London producer with 1M+ streams, said: “I’ve avoided AI in my production for years, but Mozart felt empowering. The speed of suggestions and iterations is insane – feels like working with an AI replica of myself.” While Danny White, LA producer who has collaborated with Tiësto, added: “I was very impressed by how text prompts could perform tedious tasks instantly. This is the next big leap in music production.”

Ethical AI for Music Creation
Mozart AI commits to never training on copyrighted music and never generating complete songs. The platform launches publicly on July 16, 2025, with 25,000+ users already on the waitlist.

Media images can be found here

About Mozart AI
Mozart AI is revolutionizing music creation with AI-powered tools that enhance human creativity. Founded in 2025 and based in London, Mozart AI is part of Arthos, which builds AI tools that embed artists’ style, identity, and intention into every AI action. Mozart AI is committed to ethical AI use and empowering artists to bring more music into the world. For more information, please visit www.getmozart.ai

CONTACT: For further information please contact the Mozart AI press office: Bilal Mahmood on b.mahmood@stockwoodstrategy.com or +44 (0) 771 400 7257.

Asia-Pacific Crowdfunding Market Forecast Report 2025-2033 | Fueling Entrepreneurial Growth Amid Rising Investor Interest and Digital Access

Asia-Pacific Crowdfunding Market Forecast Report 2025-2033 | Fueling Entrepreneurial Growth Amid Rising Investor Interest and Digital Access




Asia-Pacific Crowdfunding Market Forecast Report 2025-2033 | Fueling Entrepreneurial Growth Amid Rising Investor Interest and Digital Access

The Asia-Pacific Crowdfunding Market is poised to grow from USD 496.77 million in 2024 to USD 1.93 billion by 2033, at a CAGR of 16.33%. Driven by digital penetration, regulatory support, and alternative fundraising acceptance, crowdfunding platforms are thriving. China, Japan, India, and South Korea emerge as significant players, each addressing unique regulatory challenges and market dynamics. Platforms leverage technology to democratize financing, but face hurdles like trust issues and cybersecurity risks. Key players in the market include Alibaba, Kickstarter, and Indiegogo. As regulations evolve, the market promises further growth and innovation.

Dublin, July 01, 2025 (GLOBE NEWSWIRE) — The “Asia-Pacific Crowdfunding Market Size and Share Analysis – Growth Trends and Forecast Report 2025-2033” report has been added to ResearchAndMarkets.com’s offering.

The Asia-Pacific Crowdfunding Market is expected to reach US$ 1.93 billion by 2033 from US$ 496.77 million in 2024, with a CAGR of 16.33% from 2025 to 2033. With major platforms using technology to streamline donation, reward, debt, and equity-based crowdfunding across a variety of sectors, the market is growing quickly due to rising digital penetration, regulatory support, and growing acceptance of alternative fundraising for social, creative, and entrepreneurial endeavors.

A thriving entrepreneurial climate, rising interest in alternative finance models, and higher digital penetration are all contributing to the robust expansion of the Asia-Pacific crowdfunding market. Crowdfunding has become a feasible option for entrepreneurs and creative endeavors looking for flexible funding choices in a variety of industries, such as consumer goods, social impact, and technology. People and small enterprises can now more easily interact with potential backers because to the availability of mobile-based platforms and increased internet penetration, which democratizes access to finance and promotes innovation in both urban and rural locations.

Numerous crowdfunding methods, including reward-based, debt, equity, and donation-based crowdsourcing, are becoming more and more well-liked throughout the region. Platform development and involvement are on the rise in nations with vibrant startup cultures. Market maturity is nevertheless hampered by concerns such disparate regulatory frameworks, problems with trust and transparency, and low investor awareness. The sector must concentrate on boosting user education, creating clear regulatory frameworks, and raising platform trustworthiness if it hopes to maintain long-term growth. Crowdfunding is on the verge of becoming a crucial component of the financial ecosystem in Asia-Pacific as more stakeholders realize its potential.

The crowdfunding industry outlook for India is based mostly on incentive and donation-based crowdfunding, but it also indicates that small and startup enterprises are becoming more interested in equity and debt-based crowdfunding. Accordingly, due to the growing restrictions on traditional bank loans and venture capital investment, companies are turning to crowdsourcing as their new source of finance. Additionally, in order to create a standardized platform that benefits investors, the Securities and Exchange Board of India (SEBI) does regulatory evaluations for equity crowdfunding. For example, SEBI recommended in November 2024 to increase the investment range for angel funds from ?2.5 million to ?100 million to between ?1 million and ?250 million.

Startups can now obtain micro-investor cash through the distribution of small equity shares thanks to the new funding model. Platforms like Faircent and Lendbox, which serve as substitutes for conventional bank borrowing options, are also present in the P2P lending sector. Furthermore, achieving broad adoption of this funding technique is significantly hampered by the persistent regulatory uncertainties. As a result, when SEBI formally establishes regulations for equity crowdfunding, more companies will be able to access capital through decentralized investments within a democratic framework, and continuous innovation will increase.

Growth Drivers for the Asia-Pacific Crowdfunding Market

Growing Digital Penetration

The Asia-Pacific crowdfunding market has grown significantly due in large part to digital adoption. Both investors and fundraisers now face much reduced entry barriers thanks to the rapid growth of mobile technology and the ubiquitous availability of internet access. Crowdfunding platforms are now widely accessible to individuals and small businesses through computers or cellphones, which makes it easier to start campaigns and reach a large audience.

Digital marketing tools and social media further increase awareness, enabling initiatives to gain international backing and go viral. By enabling innovators, entrepreneurs, and social causes to interact with a wider range of possible supporters, digital accessibility has democratized the fundraising process and promoted a more inclusive financial environment in both urban and rural locations.

Shifting Investor Mindset

The growth of crowdfunding is being greatly aided by the changing attitudes of investors in the Asia-Pacific area. Many investors today are looking for investments that fit with their personal values, social impact objectives, or interest in specialized industries rather than just financial rewards. Platforms for crowdfunding offer a clear and direct way to fund innovative enterprises, social projects, and creative endeavors that might not otherwise be able to draw in traditional venture capital.

This shift in viewpoint has made it possible for underrepresented entrepreneurs and a variety of concepts to acquire momentum. Backers value the chance to participate in a project’s development from the start and frequently develop strong emotional bonds with the causes they fund. Crowdfunding is becoming more powerful and significant than ever before due to the increased appetite for intentional investment.

Cost-Effective Capital Raising

For startups, entrepreneurs, and creators in the Asia-Pacific area, crowdfunding is a desirable alternative to traditional fundraising techniques because it is accessible and reasonably priced. Crowdfunding allows people and small businesses to raise money directly from the public with little up-front expense, in contrast to traditional financing, which frequently entails drawn-out application procedures, stringent eligibility requirements, and expensive middleman fees.

On digital platforms, campaigns may be started fast, giving fundraisers the opportunity to reach a large audience and get speedy feedback. This strategy not only lessens administrative and budgetary strains but also increases brand recognition and early community support. Crowdfunding enables a wider spectrum of individuals to realize ideas without exclusively depending on banks, investors, or venture capital firms by reducing the barriers to entry.

Challenges in the Asia-Pacific Crowdfunding Market

Trust and Transparency Issues

Although trust and openness are essential to crowdfunding’s success, they continue to be major obstacles in the Asia-Pacific sector. Potential backers’ and campaign designers’ trust might be damaged by worries about dishonest campaigns, misrepresenting project objectives, and misusing funds. Backers may be reluctant to support projects without rigorous monitoring or verification procedures because they worry, they won’t see a return on their investment or receive the promised rewards.

In a similar vein, if public confidence in platforms is poor, reputable fundraisers can find it difficult to acquire traction. Establishing credibility requires open communication, frequent project updates, and transparency in the way funds are handled. Restoring trust and promoting wider involvement in the crowdfunding market can be achieved by strengthening accountability through platform laws and enhanced due diligence.

Rising Cybersecurity Risks

One of the biggest obstacles to crowdfunding platforms’ expansion in the Asia-Pacific area is cybersecurity threats. These platforms are popular targets for hackers because they manage a lot of sensitive user data, such as financial transactions and personal information. In addition to jeopardizing user privacy, data breaches, hacking, and fraudulent activity harm the platforms’ credibility and brand.

A single security breach can cause a large decline in user confidence, deterring investors and fundraisers from utilizing the platform. Crowdfunding platforms must use robust cybersecurity methods like encryption, multi-factor authentication, and frequent security audits to reduce these threats. Strong digital security is essential to preserving user trust and facilitating the crowdfunding ecosystem’s safe growth.

Key Players Analyzed: Overview, Key Persons, Recent Developments, Revenue

  • Fundly
  • Alibaba Group Holding Ltd
  • Kickstarter, PBC
  • Indiegogo, Inc.
  • GoFundMe
  • Fundable
  • SeedInvest Technology, LLC
  • Crowdcube
  • Corteva Agriscience

Key Attributes:

Report Attribute Details
No. of Pages 200
Forecast Period 2024 – 2033
Estimated Market Value (USD) in 2024 $496.77 Million
Forecasted Market Value (USD) by 2033 $1930 Million
Compound Annual Growth Rate 16.3%
Regions Covered Asia Pacific

Key Topics Covered:

1. Introduction

2. Research & Methodology
2.1 Data Source
2.1.1 Primary Sources
2.1.2 Secondary Sources
2.2 Research Approach
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Forecast Projection Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Asia-Pacific Crowdfunding Market
5.1 Historical Market Trends
5.2 Market Forecast

6. Market Share Analysis
6.1 By Type
6.2 By Application
6.3 By Countries

7. Type
7.1 Reward-based
7.2 Equity-Based
7.3 Debt-Based
7.4 Donation-Based
7.5 Others

8. Application
8.1 Food & Beverage
8.2 Technology
8.3 Media
8.4 Real Estate
8.5 Healthcare
8.6 Others

9. Countries
9.1 China
9.2 Japan
9.3 India
9.4 South Korea
9.5 Thailand
9.6 Malaysia
9.7 Indonesia
9.8 Australia
9.9 New Zealand
9.10 Rest of Asia-Pacific

10. Porter’s Five Forces Analysis
10.1 Bargaining Power of Buyers
10.2 Bargaining Power of Suppliers
10.3 Degree of Rivalry
10.4 Threat of New Entrants
10.5 Threat of Substitutes

11. SWOT Analysis
11.1 Strength
11.2 Weakness
11.3 Opportunity
11.4 Threat

12. Key Players Analysis

For more information about this report visit https://www.researchandmarkets.com/r/1cpo1x

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Bonx raises $8.6 million to champion European manufacturing with market-leading AI ERP

Bonx raises $8.6 million to champion European manufacturing with market-leading AI ERP




Bonx raises $8.6 million to champion European manufacturing with market-leading AI ERP

Bonx is empowering mid market manufacturers across Europe to optimize their manufacturing operations with its novel AI-powered ERP technology.

Paris, June 30, 2025 (GLOBE NEWSWIRE) — Europe’s manufacturing sector is under pressure. Mid-sized factories – long the engine of the continent’s economy – are being pulled in two directions: on one hand, rising global competition and supply chain complexity; on the other, an urgent need to modernize with limited time, talent, and tools. Yet many manufacturers remain stuck with outdated ERP systems that were never built for their pace or precision. Bonx, a French startup building operational software for European industry, is changing that. 

Today, the company announced an $8.6 million seed round led by 9900 Capital, with participation from Kima Ventures, Purple, OSS Ventures, and Dynamo Ventures.

Bonx founders: Alexandre Barroux and Rémi Beges.

Founded in 2022 by Alexandre Barroux and Rémi Beges within OSS Ventures, Bonx is a modern ERP platform purpose-built for manufacturing. By combining no-code configuration, advanced AI capabilities and rapid deployment, the company enables mid-market manufacturers to digitize operations in weeks, not years. Bonx integrates seamlessly into existing environments, offering visibility and control across production, logistics, procurement, and quality – without replacing core finance or CRM systems. The platform is already being used by a growing number of French, Italian and Spanish manufacturers, including suppliers to Décathlon and emerging brands like French Bloom.

“Our mission remains clear: empower manufacturers to simplify and take control of their operations through technology that adapts to their precise needs,” said Alexandre Barroux, CEO of Bonx. “This funding propels us into our next phase – becoming Europe’s definitive ERP leader for mid-sized manufacturers, expanding our successful model from France into new key markets while scaling in Italy and Spain.”

Unlike traditional ERP deployments, which often drag on for months or years and require expensive consultants, Bonx is designed to go live fast and evolve with the shop floor. Customers report full rollouts in as little as three to ten weeks, along with measurable improvements in traceability, purchasing workflows, and inventory coordination. The software’s modular, visual interface makes it intuitive for operators and supply chain teams – not just IT departments – and its adaptability means factories can shape the system to fit their actual processes, not the other way around.

The urgency is real. Across France, Germany, Italy, and Spain, mid-sized manufacturers are facing growing technical and operational complexity. Shifting regulations, fragmented supplier networks, and ambitious sustainability targets are all increasing the pressure to modernize. Yet many of the ERP platforms still in use across Europe were built for a different era – rigid, opaque, and unable to keep up with evolving demands. Even basic changes to workflows often require custom development. As a result, too many industrial teams are still managing high-stakes operations in spreadsheets, or locked into systems that were never designed for speed or interoperability.

Team Bonx.

Bonx steps into this gap with a platform built precisely for the complexity of modern European industry, allowing manufacturers to gain operational clarity fast without ripping out existing systems. Their company reflects a broader shift in how Europe’s industrial backbone is being rebuilt – not just with machines, but with software that understands how production actually runs.

“By focusing exclusively on manufacturing and supply-chain operations, we’ve built Bonx to integrate effortlessly with existing tools, particularly general ledgers and CRM solutions that our customers already rely on and love,” said Rémi Beges, CTO of Bonx. “Manufacturers don’t have to replace the systems they’re accustomed to; Bonx complements and enhances their stack and acts as their operational backbone.”

Investor appetite mirrors the urgency playing out on factory floors. “Bonx is redefining the ERP landscape by combining extraordinary implementation speeds with genuinely impactful AI-driven capabilities, driving enormous efficiencies within an industry plagued by legacy software,” commented Juliette Sylvain, Principal at 9900 Capital. “We are excited to support Bonx as it sets a new industry standard and scales across Europe.”

With this new funding, Bonx will grow its team, deepen its product, and scale in Italy and Spain – two of Europe’s most important manufacturing economies, where Bonx is already present. The company sees clear demand for fast, modern ERP solutions that respect the way factories already work, while unlocking smarter, more connected operations. Over time, Bonx aims to become the foundational layer for industrial execution across the continent, offering a new kind of digital infrastructure that scales with production, not against it.

Ends

Media images can be found here

About Bonx
Bonx is a SaaS company dedicated to transforming production management for industrial SMBs through its innovative ERP platform. Co-founded by Rémi Beges and Alexandre Barroux, and backed by the industry-focused startup studio OSS Ventures, Bonx stands out for its unique approach that combines flexibility, autonomy, and rapid deployment. The platform is designed to seamlessly integrate with existing systems, enabling businesses to streamline their operations and adapt quickly to market changes. Founded in 2022, Bonx has successfully raised $1.2 million in pre-seed funding, supported by leading investors such as 9900, Dynamo and Lakestar. For more information: https://www.bonx.tech/

About 9900 Capital
9900 Capital is a global investment firm supporting category-defining software companies that address some of the world’s most pressing challenges—from solving inefficiencies in global manufacturing to building more resilient supply chains. Founded in 2023 by Chris Corbishley (formerly of Hedosophia) and Rory Mounsey-Heysham (formerly of the Bill Gates Foundation), the firm is driven by a philosophy of Benevolent Disruption, which takes a data-driven approach to uncovering extraordinary commercial opportunities that deliver meaningful, systemic change. For more information: www.9900capital.com 

About OSS Ventures
OSS Ventures is a startup studio with a mission to support the industrial sector in its technological, environmental, social, and societal transition. Since its founding in 2019, OSS Ventures has created 15 startups, primarily in France but also internationally, and has invested in 4 others. Since 2022, it has also positioned itself as a venture capital fund.
For more information: www.oss.ventures 

About Dynamo Ventures
Dynamo Ventures is a pre-seed and seed stage fund that invests in supply chain and mobility startups, worldwide. Founded in 2016, Dynamo leverages its deep domain expertise to support founders with hands-on and practical experience in product and strategy, sales, and talent development. With a portfolio of over 40 companies, Dynamo has backed some of the most innovative and impactful startups in the industry, including Stord, Sennder, Gatik, and Raft AI. With a proven track record of success, Dynamo continues to be a catalyst for industrial change. For more information: www.dynamo.vc

CONTACT: For further information please contact the Bonx press office on contact@bonx.tech   

LogicFlo raises $2.7M to arm every life sciences expert with their own AI workforce

LogicFlo raises $2.7M to arm every life sciences expert with their own AI workforce




LogicFlo raises $2.7M to arm every life sciences expert with their own AI workforce

Boston startup’s AI agents transform how pharma and biotech teams execute high-stakes work – reducing timelines from weeks to hours while maintaining full regulatory compliance

Boston, June 30, 2025 (GLOBE NEWSWIRE) — Across life sciences, the brightest minds are buried in busywork. Regulatory strategists, medical writers, quality and safety experts – people trained to bring therapies to market – are still spending most of their time formatting documents, managing version control, and stitching together fragmented tools. LogicFlo AI, the company building the AI agent workforce for life sciences, is changing that. 

The Boston-based startup today announces a $2.7 million seed funding round to scale its intelligent agent platform across the pharmaceutical, biotech, and medtech industries. The round was led by Lightspeed with participation from leading healthcare and enterprise AI investors. It will fund product expansion, team growth, and deeper deployments with global life sciences organizations, including a Fortune 500 customer already under contract. 

Founders Arun Ramakrishnan and Udith Vaidyanathan (CREDIT: Pradeep Kumar S).

Founded by Udith Vaidyanathan and Arun Ramakrishnan, LogicFlo represents a radically different vision for AI in regulated industries. In a space where ‘move fast and break things’ is a recipe for disaster, LogicFlo offers a new paradigm: move with precision. The platform gives every life sciences expert their own team of intelligent agents – AI collaborators designed to execute high-stakes, high-compliance tasks under human guidance, turning each specialist into the CEO of their own workflow.

“While the rest of the world is focused on automation instead of people, we are building automation for people,” said Udith Vaidyanathan, LogicFlo’s co-founder and CEO. “LogicFlo puts experts firmly at the center. The goal is to let the brightest people in life sciences do what only they can do – drive medical science forward and help elevate standard of care. “

Vaidyanathan previously steered key business units from inside Abbott’s CEO office before dropping out of Harvard Business School to build LogicFlo AI. Arun Ramakrishnan, co-founder and CTO, previously led deep learning efforts at Intuitive Surgical, where he built high-precision AI models for the Da Vinci robotic system deployed in real-world surgeries. “Traditional automation has failed life sciences because it’s too rigid, too brittle, and too out of touch with how people actually work,” explained Arun Ramakrishnan, co-founder at LogiFlo. “Our  agents are different. They’re intelligent, composable, production-ready, and they understand the nuance of scientific work.”

LogicFlo marks a fundamental shift from systems of record to systems of engagement in enterprise software. While most life sciences software remains focused on platforms that store information but don’t do the work, LogicFlo introduces a layer where users interact directly with intelligent agents that can take instruction, act, and deliver results. For the first time, work itself moves into a unified system of engagement, marking a paradigm shift in how knowledge work happens.

The platform is already deployed across medical affairs, regulatory, commercial, and quality teams at global pharmaceutical and medical device companies. Deployments typically begin with 20–30 active users and scale organically as teams experience the results. The impact is dramatic: medical writing outputs that took weeks now take minutes – with up to 2000x reduction in time to first draft – and response timelines for medical information requests have collapsed from 1-2 weeks to 1-2 days.

Unlike brittle automation or black-box copilots, LogicFlo was built from day one for production use inside regulated environments. Every agent operates within a fully auditable, human-in-the-loop system. Agents are SOP-aware, organization-adapted, and trained to follow each company’s specific templates, workflows, and compliance requirements. They collaborate as teams – breaking down work into subtasks, validating outputs, and escalating to human experts only when necessary.

“We are at a once-in-a-generation inflection point,” added Vaidyanathan. “For the first time, AI agents have reached a level of capability and control that makes meaningful productivity unlocks in regulated scientific work not only possible, but inevitable.”

Rohil Bagga, VP Investments, Lightspeed, commented: “We’re thrilled to back LogicFlo AI as they revolutionize how life sciences and biotech organizations operate. Their AI agent platform empowers medical affairs and commercial teams to build agentic workflows across diverse use cases, dramatically boosting productivity. Founders Udith and Arun combine deep domain expertise with exceptional technical acumen—we’re excited to support them as they drive transformation in one of the world’s most critical industries.”

LogicFlo’s agents support functions across the entire life sciences value chain: medical writing with literature-based content creation and full referencing; Medical communications and information response generation with SR documents, material for ad boards, congresses, journal articles, commercial content creation with compliant promotional materials and MLR workflow management; regulatory authoring for CTAs, INDs, and safety narratives; quality and compliance documentation including SOPs, deviation reports, and CAPAs and so on. 

With this new funding, LogicFlo will expand its agent libraries, deepen integrations with life-sciences native systems like Veeva and IQVIA, and grow its team to meet rising demand across the sector. The company’s vision extends beyond workflow optimization to redefining what work feels like for every expert in life sciences. “If we can give scientific experts a platform that moves at their speed, they’ll move science forward faster,” concluded Vaidyanathan

Ends

Media images can be found here

About LogicFlo AI
LogicFlo AI is an AI agent platform purpose-built for life sciences organizations — designed to help expert teams in medical, regulatory, quality, and commercial functions execute high-stakes work faster, more accurately, and in full compliance. Born at Harvard. Built by life sciences insiders. Backed by bleeding-edge AI. LogicFlo is not just building tools — it’s building a new operating model for the future of scientific work.

LogicFlo’s agents support functions across the entire life sciences value chain: medical writing with literature-based content creation and full referencing; Medical communications and information response generation with SR documents, material for ad boards, congresses, journal articles, commercial content creation with compliant promotional materials and MLR workflow management; regulatory authoring for CTAs, INDs, and safety narratives; quality and compliance documentation including SOPs, deviation reports, and CAPAs and so on

For more information please visit https://logicflo.ai/ or follow via LinkedIn.

About Lightspeed
Lightspeed is a global multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 500 companies globally including Affirm, Acceldata, Carta, Cato Networks, Darwinbox, Epic Games, Faire, Innovaccer, Guardant Health, Mulesoft, Navan, Netskope, Nutanix, Physics Wallah, Razorpay, Rubrik, Sharechat, Snap, OYO Rooms, Ultima Genomics, Zepto and more. Lightspeed and its global team currently manage $25B in AUM across the Lightspeed platform, with investment professionals and advisors in the U.S., Europe, India, Israel, and Southeast Asia. For more information please visit www.lsip.com

CONTACT: For further information please contact the LogicFlo AI press office on press@logicflo.ai  

Colvin, Cobee and Nucoro Founders Unite to Tackle HR’s AI Future with New Voice Agent Startup: Orbio

Colvin, Cobee and Nucoro Founders Unite to Tackle HR’s AI Future with New Voice Agent Startup: Orbio




Colvin, Cobee and Nucoro Founders Unite to Tackle HR’s AI Future with New Voice Agent Startup: Orbio

MADRID, June 26, 2025 (GLOBE NEWSWIRE) — In a rapidly changing job market, HR teams spend over 60% of their time on administrative tasks, struggle with fragmented data across legacy systems, and lack the resources needed to drive strategic impact within their organizations.

OrbioFounders.jpg

Orbio was founded to address these industry-wide problems and empower HR teams to lead strategically. Its platform uses AI agents to automate repetitive tasks, transform untapped data into actionable insights, and deliver measurable results. The outcome: faster hiring processes, reduced turnover, and continuous talent management.

HR teams are at a critical inflection point — under pressure to do more with less while being expected to lead with impact,” says Sergi Bastardas, CEO and co-founder of Orbio. “Having worked with large enterprises and digital platforms, we’ve seen how overwhelmed HR teams are in delivering real impact. We built Orbio to change that — providing AI agents that capture lost data, automate tasks, and create new ways to connect across organizations. With voice capabilities, our agents offer natural interactions, generating data and insights to put power back in the hands of HR leaders.”

Founded by entrepreneurs, CEO Sergi Bastardas (Colvin), CRO Nacho Travesí (Cobee, acquired by Pluxee Group), and CTO Antonio Melé (Nucoro, acquired by Backbase) bring years of experience in technology and startups.

Orbio’s AI agents focus on two key areas: talent acquisition and employee development. Available 24/7, they support the entire employee journey — from first candidate contact to ongoing engagement — and will expand to cover all HR functions. Built to meet high standards of data security and AI regulation, Orbio generates real-time intelligence for HR teams, enabling recruiters to identify successful profiles or traits linked to lower turnover, while reducing bias.

With automation, advanced analytics, and continuous availability, Orbio transforms HR, helping leaders design strategies based on real needs and make data-driven decisions to improve attrition, productivity, and overall impact. “Orbio opens new possibilities and redefine the role of a department that has faced significant constraints until now, with more data, more resources, and more impact”, explains Bastardas.

About Orbio

Orbio is a Spanish startup that applies AI to transform HR management and turn it into a strategic driver within companies. Founded in 2025, its 24/7 technology enables secure management of personalized interactions, complying with international regulations and promoting business growth.

https://orbio.work/

Photo: https://www.globenewswire.com/NewsRoom/AttachmentNg/8aa1eeae-86b2-4fb0-b0c0-64fa52782f1f/en

CONTACT: PR Contacts: orbio@axicom.com

Colvin, Cobee and Nucoro Founders Unite to Tackle HR’s AI Future with New Voice Agent Startup: Orbio

Colvin, Cobee and Nucoro Founders Unite to Tackle HR’s AI Future with New Voice Agent Startup: Orbio




Colvin, Cobee and Nucoro Founders Unite to Tackle HR’s AI Future with New Voice Agent Startup: Orbio

MADRID, June 26, 2025 (GLOBE NEWSWIRE) — In a rapidly changing job market, HR teams spend over 60% of their time on administrative tasks, struggle with fragmented data across legacy systems, and lack the resources needed to drive strategic impact within their organizations.

OrbioFounders.jpg

Orbio was founded to address these industry-wide problems and empower HR teams to lead strategically. Its platform uses AI agents to automate repetitive tasks, transform untapped data into actionable insights, and deliver measurable results. The outcome: faster hiring processes, reduced turnover, and continuous talent management.

HR teams are at a critical inflection point — under pressure to do more with less while being expected to lead with impact,” says Sergi Bastardas, CEO and co-founder of Orbio. “Having worked with large enterprises and digital platforms, we’ve seen how overwhelmed HR teams are in delivering real impact. We built Orbio to change that — providing AI agents that capture lost data, automate tasks, and create new ways to connect across organizations. With voice capabilities, our agents offer natural interactions, generating data and insights to put power back in the hands of HR leaders.”

Founded by entrepreneurs, CEO Sergi Bastardas (Colvin), CRO Nacho Travesí (Cobee, acquired by Pluxee Group), and CTO Antonio Melé (Nucoro, acquired by Backbase) bring years of experience in technology and startups.

Orbio’s AI agents focus on two key areas: talent acquisition and employee development. Available 24/7, they support the entire employee journey — from first candidate contact to ongoing engagement — and will expand to cover all HR functions. Built to meet high standards of data security and AI regulation, Orbio generates real-time intelligence for HR teams, enabling recruiters to identify successful profiles or traits linked to lower turnover, while reducing bias.

With automation, advanced analytics, and continuous availability, Orbio transforms HR, helping leaders design strategies based on real needs and make data-driven decisions to improve attrition, productivity, and overall impact. “Orbio opens new possibilities and redefine the role of a department that has faced significant constraints until now, with more data, more resources, and more impact”, explains Bastardas.

About Orbio

Orbio is a Spanish startup that applies AI to transform HR management and turn it into a strategic driver within companies. Founded in 2025, its 24/7 technology enables secure management of personalized interactions, complying with international regulations and promoting business growth.

https://orbio.work/

Photo: https://www.globenewswire.com/NewsRoom/AttachmentNg/8aa1eeae-86b2-4fb0-b0c0-64fa52782f1f/en

CONTACT: PR Contacts: orbio@axicom.com

OpenRouter raises $40 million to scale up multi-model inference for enterprise

OpenRouter raises $40 million to scale up multi-model inference for enterprise




OpenRouter raises $40 million to scale up multi-model inference for enterprise

a16z, Menlo Ventures, Sequoia and leading angels back the platform already trusted by over one million developers

NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) — OpenRouter, the unified interface for large-language-model (LLM) inference, today announced that it has closed a combined Seed and Series A financing of $40 million led by Andreessen Horowitz and Menlo Ventures, with participation from Sequoia and prominent industry angels. The investment will accelerate product development, bring new types of models to the platform, and expand enterprise support as OpenRouter becomes the default backbone for organizations that rely on multiple AI models.

“Inference is the fastest-growing cost for forward-looking companies, and it’s often coming from 4 or more different models. The sophisticated companies have run into these problems already, and built some sort of in-house gateway. But they’re realizing that making LLM’s “just work” isn’t an easy problem. They’re ripping out home-grown solutions and bringing in OpenRouter so they can focus on their domain-specific problems, and not on LLM integration,” said Alex Atallah, co-founder and CEO of OpenRouter. “This round lets us keep shipping at the speed developers expect while delivering the uptime, privacy, and IT guarantees that enterprises demand.”

Momentum Highlights

  • Rapid growth to $100m+: Annual run-rate inference spend on OpenRouter was $10m in October 2024, and has grown to over $100m run rate as of May 2025.
  • Developers are flocking: More than one million developers have used OpenRouter’s API since OpenRouter’s launch two years ago.
  • Organizational trust: A global footprint, with customers that range from early-stage startups to large multinationals—all routing mission-critical traffic through OpenRouter.
  • Ecosystem Investment: Integrated with Microsoft VSCode, Zapier, Cloudflare, Make.com, n8n, Posthog, and more.
  • Deep partnerships with AI labs: OpenRouter recently collaborated with OpenAI on the stealth launch of their GPT 4.1 model, giving customers early-access to a frontier model, and generating valuable real-world usage data for OpenAI.

Why Companies are Choosing OpenRouter

OpenRouter’s Enterprise offering delivers the controls and assurances required by larger organizations:

  • Zero-logging by default with the ability to route to providers with data policies that work for your company.
  • Automatic multi-cloud failover across 50+ providers for best-in-class uptime.
  • Edge-deployed (~25 ms overhead) serving billions of requests and trillions of tokens every week.
  • Unified billing, reporting, and management. Real-time spend management, plus bring-your-own-capacity that blends customers’ inference capacity with OpenRouter’s burst pool.
  • A single API, with standardized token accounting across providers. Whether you need tool-calling, caching, performance, or price, OpenRouter normalizes providers and models to a drop-in compatible API so businesses can focus on their product, not LLM integrations.

Whether an organization is experimenting at $500/month or running a global product consuming millions of dollars of inference, OpenRouter can provide the uptime, selection, and failover that companies need.

Supporting Quotes

“AI stacks are fragmenting. OpenRouter is unifying them with one API, one contract, and industry-leading uptime—exactly the kind of infrastructure play that defines new categories,” said Anjney Midha, General Partner at Andreessen Horowitz.

“As professional developers build increasingly sophisticated applications, many are embracing multi models and even optimizing the performance of the same model across cloud providers. This has led to an explosion in the usage of Openrouter,” added Matt Murphy, Partner at Menlo Ventures. “Their hyper growth and rapid execution are both strong leading indicators of a special company in the works.”

“OpenRouter has been an early and enthusiastic collaborator on OpenAI models like GPT-4.1. Their diverse and active developer community has shared valuable feedback on how our models perform in practice. We’re excited to keep building alongside them as they help the world discover and use the latest LLMs,” said Tabarak Khan, Technical Success at OpenAI.

About OpenRouter

Founded in 2023 by Alex Atallah and Louis Vichy, OpenRouter provides a single, standards-compatible API that lets developers and enterprises tap into 400+ LLMs from OpenAI, Anthropic, Google, Mistral and more—without rewriting code or renegotiating contracts. OpenRouter’s rankings and LLM leaderboards are available publicly and are a key source of industry data and trends. With edge-global infrastructure, privacy-first design, real-time accounting, and unified billing, OpenRouter is the emerging standard for AI inference at scale.

CONTACT: Media Contact
cc@openrouter.ai

Empower and Marvell Announce Collaboration on Next-Generation Integrated Power Delivery Solution for AI and Cloud Platforms

Empower and Marvell Announce Collaboration on Next-Generation Integrated Power Delivery Solution for AI and Cloud Platforms




Empower and Marvell Announce Collaboration on Next-Generation Integrated Power Delivery Solution for AI and Cloud Platforms

Initiative aims to develop high-performance optimized chip-level power delivery for 4+ kilowatt processors

SAN JOSE, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Empower Semiconductor, the world leader in integrated voltage regulators (IVRs), announced today a collaboration with Marvell Technology, Inc. (NASDAQ: MRVL) to develop optimized integrated power solutions for Marvell® custom silicon platforms. These advanced solutions are designed to accelerate the transformation of power delivery systems to smaller, faster, integrated power silicon chips tightly coupled with the processor.

The joint solutions are part of Empower’s broader mission to address the power delivery challenges of the kilowatt-chip era. By integrating power delivery with advanced processors, Empower and Marvell enable hyperscalers and infrastructure providers to maximize their performance, efficiency, and return on investment (ROI) of artificial intelligence (AI) and cloud data centers.

“The collaboration with Marvell validates Empower’s technology as a foundational enabler of next-generation AI and cloud infrastructure,” commented Tim Phillips, CEO of Empower Semiconductor. “With integrated voltage regulation, we’re delivering power where it’s needed—right at the point of load—with exceptional density, precision and efficiency.”

“Placing integrated voltage regulators (IVR) under, near, or inside the package delivers greater performance and greater efficiency,” said Will Chu, senior vice president and general manager of Custom Cloud Solutions at Marvell. “We look forward to working with Empower to bring pre-validated packaged IVR power solutions to our custom XPU customers.”

The collaboration leverages Empower’s FinFast™ technology and vertical power delivery architecture to provide system designers with pre-validated, high-density power solutions that move voltage regulation from traditional board-level designs to silicon-integrated or near-chip solutions. By bringing power delivery closer to the processor, these solutions significantly reduce power transmission losses, improve efficiency, and support the increasing current demands of next-generation XPUs.

About Empower Semiconductor
Empower Semiconductor, based in Silicon Valley, powers the AI revolution with its FinFast™ technology by reducing the energy footprint and total cost of ownership of data centers. Its transformational integrated voltage regulators deliver on-demand scalable power with the speed, precision and signal integrity required by AI processors. Empower’s power-management architecture shrinks solution footprint, height and component count, achieving vertical power delivery with unprecedented power density and efficiency. Learn more at www.empowersemi.com and follow us on LinkedIn.

All trademarks and registered trademarks are the property of their respective owners.

Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others.

This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact for Empower Semiconductor:
Sandy Fewkes
Senior Public Relations Manager
Kiterocket
+1-408-529-9685
SFewkes@kiterocket.com

IG Drones (India) and VoxelSensors (Belgium) Forge Global Partnership to Advance Civilian Drone Capabilities for Industrial and Emergency Use

IG Drones (India) and VoxelSensors (Belgium) Forge Global Partnership to Advance Civilian Drone Capabilities for Industrial and Emergency Use




IG Drones (India) and VoxelSensors (Belgium) Forge Global Partnership to Advance Civilian Drone Capabilities for Industrial and Emergency Use

BRUSSELS, June 18, 2025 (GLOBE NEWSWIRE) — IG Drones, a leading Indian drone technology company, has announced a strategic collaboration with Belgian deep tech pioneer VoxelSensors to integrate next-generation 3D perception systems into its UAV platforms. This partnership is set to transform how drones navigate and operate in GPS-denied and visually complex environments, such as dense forests, urban infrastructure zones, tunnels, and industrial interiors.

At the heart of this partnership lies the integration of VoxelSensors’ SPAES™ (Single Photon Active Event Sensor) technology — renowned for its ultra-low latency and high-precision spatial sensing — with IG Drones fleet of intelligent unmanned aerial vehicles. The result is a new generation of drones with advanced environmental awareness, enhanced obstacle avoidance, and higher-fidelity mapping capabilities for infrastructure inspection, emergency response, environmental monitoring, and smart city applications.

Mr Paneerselvam Madanagopal, CEO, Ministry of Electronics and Information Technology (MeitY), Government of India, welcomed the announcement, stating, “This partnership between IG Drones and VoxelSensors marks a significant step forward in the evolution of autonomous aerial technology. By combining India’s deep-rooted commitment to scalable drone solutions with VoxelSensors’ cutting-edge 3D spatial intelligence, we are witnessing the kind of global cooperation that advances innovation in a responsible, civilian-first manner. MeitY supports such collaborations that not only strengthen India’s digital and industrial capabilities but also foster meaningful international partnerships aligned with sustainable and high-impact technological progress.”

“This collaboration truly marks a new chapter for us,” said Mr Sambit Parida, Chief Technology Officer at IG Drones. “By embedding VoxelSensors’ breakthrough 3D sensing technologies into our systems, we’re enabling smarter, safer, and more autonomous drone operations. These capabilities are vital for civilian missions where situational complexity and safety demand real-time perception and adaptive decision-making. We remain committed to our vision of delivering cutting-edge, indigenous drone technologies aligned with India’s broader digital and infrastructure goals.”

The partnership comes at a time when IG Drones is expanding rapidly, with over 200 drones deployed in FY25, a 330% jump in revenue, and the rollout of 50 Drone Centres of Excellence in collaboration with AICTE across India. As the demand for intelligent drone systems increases across sectors — from disaster management to industrial inspection — IG Drones is positioning itself to meet the challenge through global technology collaborations that fuse precision with performance.

Mr Andre Miodezky, President of VoxelSensors, also commented on the partnership: “We’re excited to join forces with IG Drones to bring our sensing innovation into practical, high-impact use cases. Our SPAES technology provides real-time depth perception and motion awareness that empowers UAVs to function reliably, even in visually complex and dynamic environments. This partnership bridges European innovation with India’s drone ecosystem, and together we’re helping shape the future of aerial intelligence.”

Both companies share a commitment to sustainability, safety, and scalability in autonomous systems. By combining VoxelSensors advanced 3D sensor suite with IG Drones’ versatile drone platforms, the collaboration aims to redefine operational efficiency in industries such as energy, infrastructure, urban planning, environmental conservation, and public safety.

This strategic alliance underscores IG Drones ongoing journey to become a global leader in unmanned aerial solutions — while reaffirming that innovation, when grounded in collaboration, can push the boundaries of what’s possible across borders and industries.

VoxelSensors and IG Drones

About IG Drones:
IG Drones is a deep-tech company building intelligent aerial systems powered by AI, autonomy, and real-time data. Our mission is to deliver scalable drone technologies that bridge physical environments with digital intelligence — enabling faster decisions, greater efficiency, and smarter insights across critical sectors. Through innovation in machine learning, sensor fusion, and edge computing, we make next-gen aerial intelligence more accessible, adaptive, and human-centric.

For Press Information contact:
Email: contact@igdrones.com; sambit@igdrones.com
Website: https://www.igdrones.com/
LinkedIn: https://www.linkedin.com/company/igdrones

About VoxelSensors:
VoxelSensors is a Belgian deep-tech startup committed to developing advanced sensing technologies that enhance human-centered contextual interaction. With a focus on efficiency and scalability, we aim to empower AI with the necessary contextual data for smarter and more personal insights.

For Press Information contact:
Karina Kovalenko – Marketing and Communications Manager
Email: press@voxelsensors.com
Website: https://voxelsensors.com/
LinkedIn: https://www.linkedin.com/company/voxelsensors

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3dd4a0ea-2dfc-4b17-8ec5-aef4051d36f0