AX·NEWS
Sign in

Tech Market & VC

Tech Market & VC news — Monday 02 November 2026

93 stories from 9 sources, every one in English. Each links to its publisher.

Open in the live feedRSS feedOn a TV

  1. Apple says it’s ‘hard to predict’ when iPhone Duo constraints will improve
    USTechCrunch

    Apple says iPhone Duo production is ramping up, but it still can't say when supply will catch up with demand as shipping delays stretch into next year.

  2. Trajectory raises $45M to make AI model training accessible to nontechnical experts
    USTechCrunch

    The one-year-old startup is now valued at $300 million.

  3. Apple’s inventory surges 154% as memory chip costs climb
    USTechCrunch

    Apple says unprecedented memory chip costs will continue to rise, raising questions about future device prices as its inventory climbs to $14.5 billion.

  4. The Emerging AI 50 in NYC
    USCB Insights

    This brief is adapted from a report produced with Accenture and Tech:NYC. Read the full analysis here. AI is creating a new generation of businesses in New York City while changing how its established industries operate. The startups…

  5. Anthropic warns that it’s very close to RSI capability, aka self-building AI
    USTechCrunch

    RSI is the point at which AI grows so good at training itself that it spawns a dramatic acceleration of AI capabilities. To the AI doomers, RSI represents the cataclysm from which there is no return.

  6. Germany says lawmakers’ iPhones may have been hacked with spyware
    USTechCrunch

    German lawmakers and a filmmaker are among the people who received notifications from Apple warning that their phones may have been hacked.

  7. Web host Squarespace lays off 19% of its employees
    USTechCrunch

    The website builder said that the job losses are part of a broader restructuring of its organization.

  8. New York Times and other outlets sue web browser Brave over alleged content scraping
    USTechCrunch

    The New York Times is suing privacy-focused web browser company Brave for allegedly scraping the outlet’s copyrighted content and unlawfully distributing it to its own customers, like Anthropic and Perplexity.

  9. Snap settles lawsuit accusing platform of fueling teen depression and eating disorders
    USTechCrunch

    The plaintiffs said they started using YouTube as young as age 3 and other social media platforms at around age 9 and developed compulsive usage habits that they attributed to features such as autoplay and infinite scrolling.

  10. In one of the largest deals in tech history, Marvell buys Lumentum for $115B
    USTechCrunch

    Marvell's planned purchase of Lumentum is one of the biggest acquisitions in tech history. And they both have the same strategic investor: Nvidia.

  11. Readwise takes on Amazon’s Kindle and Goodreads with its new app for book lovers
    USTechCrunch

    Readwise Books combines an e-book store, reading tracker, detailed reading stats, and AI features in a bid to challenge Amazon's ecosystem.

  12. Nigeria’s stablecoin demand has scaled. Its liquidity hasn’t, says Obiex
    NGTechCabal (Africa)

    Obiex says Nigeria’s stablecoin market is far more efficient than it was in 2018 and 2019, when the gap between buying and selling a dollar of crypto in naira ran as wide as ₦20 to ₦30. Demand has scaled since, but the supply behind it is…

  13. Spending and regulation hold back stablecoins in Africa, Moonshot panel says
    NGTechCabal (Africa)

    Stablecoins already move money in and out of Africa faster and more cheaply than banks. What keeps them from the mainstream is that people still can’t spend them easily, and regulators still can’t see where they go. That was the view from…

  14. In the age of AI, paper ballots are more important than ever
    USFast Company Tech

    It’s no surprise that AI is fueling concerns about widespread election interference, which have plagued the U.S. since at least 2016, when now-President Donald Trump first began to complain about rigged results. Models produced by…

  15. Silicon Valley has a crisis of (over) confidence
    USFast Company Tech

    From a young age, it was clear that Leo Aschenbrenner was a genius. Born in Berlin to a pair of doctors, he graduated from Columbia as valedictorian at the age of 19. After brief stints at FTX and OpenAI , he published a viral essay…

  16. SpaceX reportedly wants to buy Boost Mobile to compete with AT＆T, T-Mobile, and Verizon
    USTechCrunch

    SpaceX has been looking for new ways to use its Starlink network, and a tie-up with cellular operator Boost Mobile could give it the terrestrial access it needs.

  17. No one company will make stablecoins mainstream, says Paga’s Tayo Oviosu
    NGTechCabal (Africa)

    Stablecoins are moving beyond crypto trading to become part of how African businesses move money across borders, panellists said at Moonshot by TechCabal in Lagos. The session, “The New Payment Backbone”, brought together Mercy Emmanuel…

  18. 42AI comes out of stealth with $62.5M and a world model that can ‘predict human behavior’
    USTechCrunch

    Here's a question straight out of sci-fi: What if AI could predict what you were going to do before you decided to, even in a completely new situation?

  19. Elon Musk throttles Grok Bot limits due to ‘unsustainably high’ costs
    USTechCrunch

    Musk recently referred to Grok Bot as having "the fastest growth of a product that I've ever seen in my life."

  20. Moonshot 2026 goes fashion, too stylish to ignore
    NGTechCabal (Africa)

    Lagos’s National Theatre, now the Wole Soyinka Centre for Arts & Culture, a brutalist landmark whose shape mimics a general’s cap, from October 27-29, played host to a different kind of uniform. The attendees at Moonshot by TechCabal were…

  21. Executive Interview: Via Codos
    USCB Insights

    Aabid Rizam , Chief Technology Officer (CTO) of Via Codos , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more…

  22. Is Mistral overlooking Europe? 10 homegrown startups that could join its connector ecosystem
    EUEU-Startups

    Of the 12 companies listed by French AI unicorn Mistral as available Connectors (ready-made integrations connecting AI to external applications), not one hails from Europe; raising questions about the continent’s competitiveness. Despite…

  23. Omen AI adds liquid know-how in $16 million Aquatic Labs acquisition
    USTechCrunch

    Two startups tackling the data center water problem are joining forces in a $16 million deal.

  24. At Moonshot 2026, Africa’s tech future walked through the doors
    NGTechCabal (Africa)

    Atop Lagos’s newly renovated National Theatre, now the Wole Soyinka Centre for Arts & Culture, The Cavemen’s rendition of Redemption Song rose into the humid evening air. It was Tuesday, October 27, the opening mixer for Moonshot by…

  25. Ninja’s first-ever microwave just replaced two of my kitchen appliances at once
    USTechCrunch

    The Ninja Crispi Microwave stands out for its FusionCrisp technology, which combines the speed of a microwave with the crispy results you'd expect from an air fryer.

  26. Customers withdraw $3.6B after largest theft in Binance's history
    INYourStory (India)

    Binance witnessed a massive increase in outflows, with customers withdrawing $3.6 billion from the world's largest cryptocurrency exchange after the largest theft in its history, which has been linked to North Korea. According to media…

  27. Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ growth
    USTechCrunch

    Space infrastructure company Northwood Space on Monday said it had raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the company at $2 billion.

  28. Ambani tops Forbes' global billionaire gainers list with $7B wealth jump as Reliance shares soar
    INYourStory (India)

    Reliance Industries chairman Mukesh Ambani has emerged as the world's biggest billionaire wealth gainer, adding over $6 billion to his fortune in a single day, as shares of his flagship company surged following a stronger-than-expected…

  29. A fresh wave of cyberattacks has hit Europe’s supermarket refrigerators, destroying food across countries
    USTechCrunch

    This is the second wave of cyberattacks to hit supermarket refrigerators in a month, spoiling food and disrupting supplies.

  30. How AI data centers could find a regulation-free haven at the end of the world
    USFast Company Tech

    Data centers have become one of the most polarizing issues in the world. Argentina’s president wants to lure as many of them as he can get. As residents and policymakers in the United States and Europe fight the facilities that power…

  31. OYO parent PRISM’s revenue rises 35% to Rs 2,814 Cr in Q1 FY27
    INYourStory (India)

    IPO-bound PRISM, parent entity of hospitality chain OYO, has posted a consolidated profit after tax (PAT) of Rs 353 crore in the first quarter ended June, registering 17% growth from Rs 301 crore in the year-ago period. The quarterly…

  32. 2 days till TechCrunch Founder Summit: Boston founders don’t need a Silicon Valley address to build something big
    USTechCrunch

    TechCrunch Founder Summit happens on November 4 in Boston for a founder-focused agenda and impactful connections. Save up to $100 or get discounts with group passes.

  33. OpenAI is finally merging ChatGPT’s chat and Work tabs
    USTechCrunch

    OpenAI said that ChatGPT and Codex will draw usage from the same allocation pool after this change.

  34. Juicyway pitches connected capital markets to finance African growth
    NGTechCabal (Africa)

    Juicyway, a cross-border payments company , is building a platform connecting African assets with global investors, its founder and chief executive, Ife Johnson, said, arguing that faster payments alone cannot solve the continent’s…

  35. MTN Nigeria moves MoMo to new platform as fintech revenue falls 26%
    NGTechCabal (Africa)

    MTN Nigeria’s fintech revenue has yet to recover to pre-suspension levels after the company temporarily halted its airtime and data credit service between April and June 2026, even as it migrates MoMo customers to a new platform. Fintech…

  36. INEC blames registration officers, but AI photos are the least of its worries
    NGTechCabal (Africa)

    AI-generated photographs in Nigeria’s preliminary voter register raise a question that goes beyond the technology used to create them: how did suspicious entries get into a database meant to establish who can vote? Ahead of the 2027…

  37. South Africa’s AI regulation problem is bigger than its delayed policy
    NGTechCabal (Africa)

    South Africa’s attempt to establish a national framework for artificial intelligence (AI) suffered a credibility crisis in April 2026, when the government withdrew its draft policy after fabricated academic references were discovered in…

  38. How the open-source route helped Uzair Ali land global roles
    INYourStory (India)

    Indian engineers no longer have to relocate abroad or go through several rounds of resume screening and interviews to bag global roles. Increasingly, open-source public code is paving the way for that. Public code is a record anyone can…

  39. He got a religious exemption from using AI at work. Maybe you can too
    USFast Company Tech

    As the University of Kentucky began encouraging employees to use AI —from Copilot for meeting notes to tools like Claude and ChatGPT for everyday tasks—David Durman, a research administrator, worried about what he would lose by outsourcing…

  40. The Next Wave: The problem with putting an African fintech on Wall Street
    NGTechCabal (Africa)

    Cet article est aussi disponible en français This edition of The Next Wave is brought to you by Verto. Published November 1, 2026 The problem with putting an African fintech on Wall Street A smartphone displaying OPay’s EaseMoni loan…

  41. MTN Nigeria earns more but keeps less cash
    NGTechCabal (Africa)

    MTN Nigeria is earning more and generating stronger cash flows, but retaining less cash. Its nine-month results show how dividend payouts, network investments, and debt repayments are drawing on the financial buffer of Nigeria’s largest…

  42. MTN Ghana’s revenue rises 33.5% as digital services expand
    NGTechCabal (Africa)

    MTN Ghana, a subsidiary of MTN Group whose network business operates as Scancom PLC, generated GHS23.2 billion ($1.98 billion) in service revenue in the first nine months of 2026, a 33.5% increase year-on-year, due to rising data demand…

  43. Clinics On Cloud raises $12.5M to expand microclinic network
    INYourStory (India)

    Healthtech company Clinics On Cloud has raised $12.5 million in Series A funding from Dubai-based Model42, a health and wellness growth platform powered by Enlightened Minds Investments. The Pune-based firm said it will use the funding to…

  44. More Money, Fewer Checks: These 3 Charts Show The Divide Behind VC’s Record Funding Year
    USCrunchbase News

    Startup capital is both more abundant than ever this year and yet scarcer. That contradiction has become increasingly visible in 2026 when analyzing Crunchbase data, and the trend continued through Q3. Our data shows that despite record…

  45. Enza Capital wants Africa to build its AI with its new fund
    NGTechCabal (Africa)

    After investing in tech startups across Africa for the past seven years, Enza Capital has launched a dedicated fund just for artificial intelligence (AI) startups and AI-enabled startups in Africa, on the view that African venture capital…

  46. Nigeria’s crypto exchange boom tests who can afford to compete
    NGTechCabal (Africa)

    This is Follow the Money , our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies, and governments. A new edition drops every Monday. Between July 2025 and June…

  47. NTT DATA explores expansion in Mangaluru and Udupi, meets Priyank Kharge
    INYourStory (India)

    Karnataka wants its next wave of technology investments to reach beyond Bengaluru, and global IT companies are being encouraged to look towards its coastal cities. NTT DATA is exploring plans to expand its operations in Karnataka, with…

  48. Looking for a job? Estonia’s Roleo just raised €2.9 million to help you on your journey
    EUEU-Startups

    Roleo , an Estonian personal AI career agent, has raised €2.9 million to expand across Europe and help tech professionals discover career opportunities – without the hassle of searching and applying. The round was led by the Baltic venture…

  49. Executive Interview: Merlinic.ai
    USCB Insights

    Philip Edmundson , Founder, Executive Chair of Merlinic.ai , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more…

  50. CEO Interview: Longreach
    USCB Insights

    Steve Strassmann , Chief Executive Officer (CEO) of Longreach , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? There’s an old…

  51. CEO Interview: Trustelis
    USCB Insights

    Rafi Koffler , CEO of Trustelis , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research? Start your free…

  52. Ford launches a ‘privacy promise’ and explains how and why it uses customer data
    USTechCrunch

    Ford said it's making an "explicit commitment" to its customers that "their vehicle data is safe" with the company.

  53. Google Earnings, Facebook Déjà Vu, The Agent Play
    USStratechery

    Google's earnings miss looks a lot like Facebook's, and that's a credit to Google. The company is being more aggressive than they get credit for.

  54. Beyond funding: Why every startup founder needs an insurance plan
    INYourStory (India)

    Most founders are equity-rich and cash-poor, with household finances quietly tied to the venture: personal guarantees on business loans, savings deployed into the company, a spouse’s income covering monthly basics. That structure makes…

  55. MobiKwik posts Rs 11.83 Cr profit in Q2 of FY27
    INYourStory (India)

    MobiKwik reported a net profit in the second quarter of FY27, compared with a loss in the year-ago period, marking its fourth consecutive profitable quarter and its highest-ever quarterly profit. The fintech company posted a net profit of…

  56. From prompt engineers to tool builders: Intuit’s Vignesh Subrahmaniam on building AI that acts
    INYourStory (India)

    For the past few years, getting better results from AI meant learning to write better prompts. That is changing fast, as AI systems begin to reason, make decisions, and act across entire workflows on their own. At TechSparks 2026…

  57. Deeptech startups gain VC attention as India’s investment landscape evolves
    INYourStory (India)

    India’s deeptech startup ecosystem is witnessing growing investor interest, with themes such as technological sovereignty, import substitution, AI infrastructure and advanced manufacturing emerging as key investment opportunities. After…

  58. Executive Interview: Marble Health
    USCB Insights

    Daniel Ross , the COO of Marble Health , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research? Start your…

  59. Swedish VC Creandum closes €668 million CVIII fund – its largest to date
    EUEU-Startups

    Stockholm-based venture capital firm Creandum has closed a €668 million ($750 million) fund, Creandum VIII, to back early-stage technology startups from pre-Seed to Series A. The fund, its largest to date, will support approximately 30…

  60. Executive Interview: AdoptAI
    USCB Insights

    Stefan Brepoels, Chief Operating Officer (COO) of AdoptAI , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more…

  61. CEO Interview: Guardify
    USCB Insights

    Cedric Kohof , Chief Executive Officer (CEO) of Guardify , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more…

  62. Crypto’s next chapter: Regulatory sandboxes, AI co-pilots and the rise of derivatives
    INYourStory (India)

    Crypto investing is evolving beyond its early hype cycles. Regulation, investor awareness, risk management and new technologies are changing how people trade digital assets, all while raising pertinent questions about what responsible…

  63. WOI India launches venture studios, investor network, and startup support platforms at TechSparks 2026
    INYourStory (India)

    Building a startup takes more than a good idea. Founders need capital, teams, market access, and practical support to turn their plans into businesses. At TechSparks 2026, WOI India launched a set of platforms aimed at addressing these…

  64. Hypersonica secures €100 million to boost sovereign hypersonic deep-strike systems for Europe and its allies
    EUEU-Startups

    Hypersonica , the British-German defence company developing sovereign hypersonic deep-strike systems for Europe and its allies, has secured €100 million in Series B funding. The Series B funding round was co-led by Lightspeed and General…

  65. African creators go global on day one. Their money doesn’t.
    NGTechCabal (Africa)

    African creators can build a global audience from their first post, but getting that audience to pay them, reliably and across borders, is still hard. Payment infrastructure that works every time would fix it, the founders of Selar…

  66. Executive Interview: Re
    USCB Insights

    Natalie Eva Gray , VP Product Design & Marketing, Cofounder of Re , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see…

  67. CEO Interview: Robot Monks
    USCB Insights

    Yemin Liu , Chief Executive Officer (CEO) of Robot Monks , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more…

  68. Startup news and updates: daily roundup (November 02, 2026)
    INYourStory (India)

    From AI-powered, full-stack clean energy deployment platform, Two Point O Capital (TW.O), raising $10 million in a funding round led by Transition Venture Capital, to Competition watchdog CCI approving Dutch investment group Prosus'…

  69. Paris-based Gallium Defense emerges from stealth with €7.1 million to scale affordable drone detection
    EUEU-Startups

    Gallium Defense , a Paris-based startup working on drone detection at a fraction of the cost of legacy systems, has emerged from stealth with a €7.1 million Seed funding round. The round was led by Keen Venture Partners and 360 Capital…

  70. From code to content: How AI could make India the world’s next story exporter
    INYourStory (India)

    India spent the 1990s and 2000s becoming the back office of the world for code. At TechSparks 2026, a flagship event of YourStory , one founder asked whether the country can now do the same for stories. As AI makes video production more…

  71. CEO Interview: Fenrock
    USCB Insights

    Charu Sharma, Chief Executive Officer of Fenrock , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research?…

  72. ValueQuest Tristar Fund raises over Rs 2,100 Cr for advanced manufacturing
    INYourStory (India)

    ValueQuest Tristar Fund, a private equity fund that backs India’s advanced manufacturing sector, has received more than Rs 2,100 crore in commitments from investors. It reached this within 15 months of its first close, beating both its…

  73. CEO Interview: Bump
    USCB Insights

    James Jones Jr , the CEO of Bump tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research? Start your free trial…

  74. Executive Interview: Chowbus
    USCB Insights

    Julie Gu , the VP of Marketing of Chowbus tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research? Start your…

  75. Munich’s Marble Cognition raises €3.35 million to build AI coworkers that learn business processes before automating them
    EUEU-Startups

    Marble Cognition (Marble), a Munich-based startup building AI coworkers that understand how work is executed to optimise and automate business operations, has raised €3.35 million ($3.75 million) in a pre-Seed round. The round was co-led…

  76. Executive Interview: Gateco
    USCB Insights

    Rami Refaeli , Chief Technology Officer of Gateco , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research?…

  77. antimattr is building voice AI wearables that cut through the noise
    INYourStory (India)

    When Sridipto Ghosh and Sirsha Chakraborty were developing the thesis for their startup, many advised them against venturing into hardware. But this didn’t deter them. “People said it was hard, that there were large companies in the…

  78. Executive Interview: Indrajaal
    USCB Insights

    Jay Naduvath, Chief Marketing Officer of Indrajaal , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research?…

  79. Code is no longer scarce: Hostinger’s Auksė Žirgulė on what founders should build instead
    INYourStory (India)

    A founder in Srinagar recently built a website and an application on Hostinger in very little time. When building software takes that little effort, the question for every business shifts from whether it can build to why anyone would…

  80. CEO Interview: Wamo
    USCB Insights

    Yue Yuan, the Group CEO of Wamo tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research? Start your free trial…

  81. CEO Interview: Anomaly
    USCB Insights

    Mike Desjadon , CEO of Anomaly tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research? Start your free trial …

  82. Executive Interview: Rally
    USCB Insights

    Thiago Peres , the CTO of Rally tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research? Start your free trial…

  83. Executive Interview: Two
    USCB Insights

    Stavros Tamvakakis , the CFO of Two tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more research? Start your free…

  84. Executive Interview: WMCockpit
    USCB Insights

    Christopher Morris , Chief Technology Officer of WMCockpit , tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? Want to see more…

  85. Porto’s female-led startup Seamoretech secures €1.1 million to turn desalination brine into freshwater and critical minerals
    EUEU-Startups

    Seamoretech , a Porto-based CleanTech startup that converts desalination brine into freshwater and critical minerals, has secured €1.1 million in the first closing of its Seed round. The round saw participation from Rypples, 7Seas Capital…

  86. How Zocket is building the brain behind enterprise marketing
    INYourStory (India)

    For the last three years, enterprise AI has been told one story: pick the most powerful model and you win. Every launch brought a new benchmark, a bigger context window, and a sharper reasoning score. Boardrooms debated which model to bet…

  87. 👨🏿‍🚀TechCabal Daily – OPay’s IPO hits a wall
    NGTechCabal (Africa)

    In partnership with Lire en Français اقرأ هذا باللغة العربية Welcome to November. A quick correction before we get into today’s newsletter. In Friday’s TC Daily , we described Yango Group as a “Russian-founded mobility company operating in…

  88. 5 smart home devices that save you money (and 3 that are a waste)
    USFast Company Tech

    The secret to smart home technology isn’t making your house feel like a sci-fi movie—it’s focusing strictly on your return on investment. A handful of smart devices will pay for themselves within a year or two through lower utility bills…

  89. Innovation Victoria’s startup fund has a bumper $166 million return as it faces the axe after the state election
    AUStartupDaily (AU)

    Innovation Victoria posts a $166m surplus as Liberals vow a fire sale.

  90. I auditioned 12 AI agents to be my chief of staff. Here’s how they compared
    USFast Company Tech

    This article is republished with permission from Wonder Tools , a newsletter that helps you discover the most useful sites and apps. I’ve never had a secretary before. Or a chief of staff. With these AI agents, I suddenly feel like I have…

  91. Borrowed reading: stories from our extended colleagues
    USTechCrunch

    Five stories worth your time from our extended colleagues at CIO, Computerworld, Macworld, and PCWorld.

  92. Weekly VC funding stays subdued at $115M; Prosus gets CCI nod for Navi investment
    INYourStory (India)

    Dear Reader, AI investments are beginning to translate into measurable business gains , with companies reporting stronger earnings and improved operational efficiency. Santander said its AI initiatives generated €194 million ($216 million)…

  93. Two Point O raises $10M led by Transition Venture Capital
    INYourStory (India)

    Two Point O Capital (TW.O), an AI-powered, full-stack clean energy deployment platform for commercial and industrial (C&I) businesses, has raised $10 million in a funding round led by Transition Venture Capital. Existing investor Omnivore…