Author: Utsav

Omnea Wants to Bring AI Agents Into Corporate Procurement What Is Omnea, and How Does Its AI Procurement Platform Work? Corporate procurement is a complicated process that extends far beyond buying software or negotiating a price. Every purchase can involve budget approvals, supplier checks, legal reviews, security assessments, contract negotiations, purchase orders, and renewal decisions. These activities often span separate enterprise systems, leaving procurement teams to coordinate work through emails, spreadsheets, and manual follow-ups. Founded in 2022, London-based Omnea is building a platform designed to connect that entire lifecycle. Its products cover intake management, guided buying, approval workflows, sourcing, contracting,…

Meet Causaly: The AI Startup Turning Biomedical Research Into a Searchable Knowledge Network Why Has Drug Discovery Become an Information Problem? Developing a new medicine requires scientists to connect evidence scattered across millions of research papers, clinical trial records, patents, biological databases, and internal company experiments. A promising target may appear in one study, its biological mechanism in another, and evidence of potential safety risks in a separate dataset. Researchers must establish whether these findings reinforce one another, contradict existing assumptions, or reveal a relationship worth investigating. The challenge is not simply finding more information. It is understanding how the…

Lumana and Convergint Partner to Bring AI Video Security to Enterprise and Public Sector Customers Los Gatos, CA and Hoffman Estates, IL – (October 14, 2026) – Lumana, a leading provider of AI video security solutions, and Convergint, the leading global services platform for tech-enabled security and safety solutions, today jointly announced that the two companies have formed a partnership that expands the AI-enabled video solutions available to Convergint’s enterprise, mid-market and public sector customers worldwide. Most organizations already have an extensive network of security cameras and infrastructure. However, a vast majority of the recorded video footage is rarely watched.…

Funding Souq Secures Strategic Investment from Foodics to Expand Embedded Financing in Saudi Arabia and the UAE Riyadh, Saudi Arabia – 13 October, 2026 —Funding Souq, a Saudi-based Shariah-compliant crowdfunding and SME financing platform regulated by the Saudi Central Bank (SAMA) and the Dubai Financial Services Authority  (DFSA), today announced a strategic investment from Foodics, the leading restaurant operations and financial technology platform in MENA, making Foodics a major investor in this round. The investment will support Funding Souq’s continued growth and expand embedded financing opportunities for SMEs. The investment brings together Funding Souq’s regulated financing infrastructure and expertise in…

NeoFleet Capital raises $4M to scale professional taxi fleets and build infrastructure for autonomous mobility Limassol, Cyprus, October 8, 2026 NeoFleet Capital, a global investment and technology platform financing professional taxi fleets, has raised $4 million in pre-seed funding. Mark Loughran, former President and CFO of the global ride-hailing operator inDrive, backed the round alongside other private investors and has joined NeoFleet Capital as President and co-founder. “We address a fundamental problem in many high-growth mobility markets: people need rides, drivers want to work, and capital is the missing piece to put more cars on the road,” explained Mark Loughran,…

London-Based Jack & Jill AI Is Making Hiring Candidates and Finding Jobs Smoother What Is Jack & Jill AI? Recruitment has traditionally worked like a marketplace where both sides are expected to do most of the searching themselves. Candidates browse thousands of job listings, tailor applications, and wait for responses, while recruiters sift through CVs, LinkedIn profiles, inbound applications, and sourcing databases. Jack & Jill AI is trying to replace that model with two AI agents working on opposite sides of the market. Founded in London in March 2025 by CEO Matthew Wilson and CTO Saaras Mehan, the company has…

Inside Kord, the UK-Based B2B Fintech Platform for Regulated Businesses Why Regulated Businesses Still Struggle With Fragmented Financial Infrastructure? For regulated businesses such as law firms, conveyancers, estate agents, and other professional services companies, the process of onboarding a client rarely ends with proving who that person is. Firms also need to establish whether a client presents a financial crime risk, understand the source of their money, screen against sanctions and politically exposed persons, and ensure client funds are handled securely. In practice, these processes can involve multiple providers, disconnected databases, manual checks, spreadsheets, emails, and separate payment systems. That…

NYAI Launches NYAI AI Studio: India’s First Agentic AI Infrastructure Platform for Legal and Compliance Mumbai, India, 5 October 2026. NYAI, the legal and compliance AI company, today launched NYAI AI Studio, India’s first agentic AI infrastructure platform purpose-built for law firms and the legal and compliance functions of enterprises. The Studio marks a decisive shift from AI that assists with discrete tasks to AI agents that execute legal and compliance work end to end, from intake to delivery, on the organisation’s own data, under its own controls and through its own choice of AI models. Rather than adding yet…

Kreo and the Rise of India’s Homegrown Gaming Hardware Kreo: Premium Content Creator Gear, Gamer and Audio Gear For years, India’s gaming and PC-accessories market has been dominated by international brands such as Logitech, Razer, Corsair, and HyperX, while domestic players largely competed at the lower end of the price spectrum. It is trying to occupy the space in between: products that look and perform like premium gaming hardware without carrying the same price tag. Founded in Bengaluru in 2022 by Ishan Sukul and Himanshu Gupta, Kreo began with a focus on gamers and content creators and has expanded into…

Tacit Labs and AI Drug Discovery Why AI Drug Discovery Needs a Better Feedback Loop? AI has made rapid progress in areas where answers can be verified quickly. A coding model can write software and immediately test whether it compiles. A mathematical model can produce a proof that can be checked against formal rules. Drug discovery is fundamentally different. Biology does not provide a simple verification button. A potential drug can bind successfully to a target and still fail in cells, work in cells but fail in animals, or show promising results in early studies before ultimately failing in humans.…