Nicosia, Cyprus, 29th Oct 2026 – Cyprus IVF Centre has published a patient-information guide explaining how patients are linked with their eggs, sperm and embryos through documented laboratory procedures, and how electronic witnessing supports those procedures.
Depending on the laboratory where treatment takes place, safeguards include chip-based electronic witnessing, barcode identification, electronic records and double witnessing by embryologists. The precise methods and verification points vary between laboratories.
The Chip ID Safety System provides an additional electronic identity check at defined laboratory steps, alongside physical labels, documented procedures and staff oversight. An alert requires staff review before work continues.
For donation treatment, donor identifiers and laboratory records maintain the connection between donor material, the recipient’s treatment and resulting embryos while protecting donor confidentiality.
These safeguards support identification and traceability. They do not eliminate all risk or guarantee treatment success.
“Patients place exceptional trust in us when eggs, sperm and embryos are handled during treatment. Electronic witnessing does not replace professional responsibility; it supports our clinical and embryology teams by helping verify identity, record critical stages and alert staff if a potential mismatch is detected.”
— Ümit İnak, Director, Cyprus IVF Centre
Patients considering treatment are welcome to ask the team which identification methods are used in the laboratory where their treatment will take place. The full guide is available at:
Medically reviewed by the Cyprus IVF Centre Medical and Embryology Team, [28th Oct’2026].
About Cyprus IVF Centre
Cyprus IVF Centre is an IVF and fertility clinic in Cyprus providing assisted reproductive treatment for UK and international patients. Fertility care is supported by clinical and embryology teams, with laboratory processes forming an integral part of its treatment services.
The application security platform links vulnerability investigation with patch testing and developer review.
Mountain View, California, United States, 29th Oct 2026 — Cyfendo is focusing its UK outreach on the work development teams face after a software security alert: investigating the finding, preparing a repair and checking the result. The Silicon Valley company’s AI application security platform connects these tasks for small and medium-sized businesses, with developers reviewing the evidence before accepting code changes.
Cyfendo, an AI application security company helping development teams investigate vulnerabilities and test proposed fixes.
The UK government’s Cyber Security Breaches Survey 2025/2026 found that 31% of businesses were using AI, adopting it or actively considering doing so. Among that group,24% reported having cyber security practices or processes to manage the associated risks. These figures cover AI use broadly, rather than specifically AI-generated software, but provide context for businesses deciding how to manage new technology.
For a development team at a small or medium-sized business, a security finding can create a second project: establish whether the issue is real, work out what needs changing and check that the repair preserves the application’s normal behaviour. Cyfendo connects those tasks in a workflow that keeps the developer responsible for the final decision.
“Getting a security alert is only the beginning,” said Bryan Vuong, founder and CEO of Cyfendo. “Teams still need to understand whether the issue can be exploited, how to fix it, and whether the fix works without breaking the application. We built Cyfendo to help with that work and give developers evidence they can review before approving a change.”
Bryan Vuong, founder and CEO of Cyfendo, previously led engineering teams at Google and Meta.
Following a finding through to a tested fix
Consider an illustrative example: an application builds a database query by combining a command with text supplied by a user. A scanner may flag possible SQL injection. The next questions are whether that input can reach the query, whether it is handled safely along the way, and whether an attacker can change the query’s intended behaviour.
Cyfendo traces untrusted input through source code to sensitive operations. For supported findings, it uses an isolated environment to investigate exploitability and records evidence for review. It can then propose a code change, such as replacing a constructed query with a parameterised one, replay the demonstrated attack and run relevant existing application tests. This example illustrates the workflow; it is not a report of a particular customer incident.
The results describe what was tested in that environment. Production exposure also depends on configuration, permissions and other controls, and passing tests does not establish that an entire application is secure.
Developers inspect the evidence and proposed patch before deciding whether to accept it. Cyfendo does not directly merge patches into production software.
Use by development teams and security providers
The company is exploring relationships with UK managed security providers, distributors and testing consultancies serving small and medium-sized businesses. These discussions concern how code analysis and remediation checks could fit alongside existing testing and advisory services, including work between scheduled assessments.
Development teams can connect GitHub, GitLab or Bitbucket repositories, upload project files or use the command line. Cyfendo also supports workflows involving AI coding tools, allowing teams to assess the resulting application code as it changes.
Cloud scans run in temporary sandboxes that are destroyed when the scan ends, with encrypted findings retained. Private Scan keeps source code off Cyfendo’s servers. When configured with a local model, code remains on the customer’s machine; when configured with an external AI provider, requests are sent to that provider using the customer’s own key and are subject to its terms and settings.
Illustration of Cyfendo’s workflow: finding vulnerabilities, investigating exploitability and testing proposed fixes before developer approval.Illustration of Cyfendo’s workflow: finding vulnerabilities, investigating exploitability and testing proposed fixes before developer approval.
Evidence and availability
Cyfendo’s website currently reports 1,210 critical-severity findings across 335 scanned codebases, approximately four per codebase, with about seven in ten findings rated high or critical. These are company scan statistics, not a representative survey of UK businesses.
In its published evaluation of OWASP Java Benchmark v1.2, Cyfendo reported 94.06% recall and 96.38% precision. Those figures measure detection on benchmark cases. They are company-reported results, do not constitute OWASP endorsement, and do not independently validate the platform’s patching performance.
The platform is available now. A free plan includes up to 10,000 lines of code, five scans per month and limited patch evaluation. Paid self-service plans start at US$99 per month and include proposed patches and higher scan limits.
UK businesses interested in evaluating the platform, and organisations considering partnerships, reseller or distribution arrangements, can contact contact@cyfendo.com. Product information is available at https://cyfendo.com.
Cyfendo connects vulnerability detection, exploit investigation and patch testing, while developers retain control over code changes.
About Cyfendo
Cyfendo Inc. is a Silicon Valley application security company founded by Bryan Vuong, a former engineering leader at Google and Meta. His experience includes AI, privacy, safety and security. Cyfendo helps development teams find software vulnerabilities, investigate exploitability and evaluate proposed fixes while retaining control over code changes.
Dr. Michael Irlin offers simple ways for families to enjoy trick-or-treating while looking after kids’ teeth
New York, New York, United States, 29th Oct 2026 – With Halloween falling on Saturday, Oct. 31, Brooklyn kids are getting ready to bring home bags full of candy. Dr. Michael Irlin of Family Smile Dental, a dental practice with offices in Sheepshead Bay and Midwood, is sharing practical tips to help parents keep the holiday fun and their children’s teeth healthy over the weekend and the days that follow.
The trouble with trick-or-treat candy
Sugar feeds the bacteria that naturally live in the mouth. Those bacteria produce acids that can wear down tooth enamel and lead to cavities, and the longer sugar stays on the teeth, the more time those acids have to work. Sticky, chewy and slow-dissolving candies tend to cling to teeth, which is why the way kids eat their treats matters along with how much they eat.
“Halloween is one of the most fun nights of the year for kids, and we don’t want parents to feel they have to take the fun out of it,” said Dr. Irlin. “What matters most is how often and for how long sugar stays on the teeth. A few small habits go a long way.”
Dr. Irlin’s five Halloween tips for parents
Have a filling meal before heading out. Kids who head out with a full stomach are less likely to snack on candy along the route. Water is a good companion for the evening, too.
Enjoy candy at set times, not all day. Eating treats in one sitting, ideally with or right after a meal, exposes teeth to sugar for a shorter time than nibbling for hours. Saliva production is higher during meals, which helps rinse teeth.
Be mindful of sticky and slow-dissolving candy. Taffy, caramels, gummies and hard candies stay on teeth longer than most chocolate. Children with braces are usually advised to avoid hard and chewy candy that can damage brackets and wires.
Rinse with water, then brush and floss as usual. Brushing for two minutes twice a day with fluoride toothpaste, plus flossing daily, still applies on Halloween night, even when bedtime runs late.
Make a plan for the leftover candy. Let kids choose a few favorites, then put the rest out of sight or set it aside to share or donate. Fewer treats within reach means fewer sugar exposures during the week.
“The goal isn’t perfection,” said Dr. Irlin. “It’s having a simple plan: candy at set times, water afterward, and brushing before bed.”
Serving Brooklyn families from two neighborhoods
Family Smile Dental cares for children and adults at two Brooklyn offices: 2937 Avenue V in Sheepshead Bay and 1985 Ocean Avenue, Suite 1-D, in Midwood. The dentists at both offices work with families from across the borough, and the team speaks English, Russian, Uzbek and Ukrainian.
“We work in these neighborhoods, and we see how much Halloween is part of community life here,” said Dr. Irlin. “We would much rather help parents plan ahead than deal with problems later. If you have questions about your child’s teeth after the holiday, or it has been a while since their last checkup, our teams at both offices are happy to help.”
About Family Smile Dental
Family Smile Dental is a family dental practice with two locations in Brooklyn, New York, in Sheepshead Bay and Midwood. The practice offers general, restorative, cosmetic and pediatric dental care, as well as emergency care, for patients of all ages. Visit familysmiledentist.com to learn more or book an appointment.
New York, New York, October 28th, 2026, FinanceWire
Need It, Don’t Want It, a business memoir told in reverse, publishes December 8, 2026, and the podcast will feature founders on the setbacks behind their companies.
Jay Avigdor, Chairman and Chief Executive Officer (CEO) of Velocity Capital Group, today announced that his book, Need It, Don’t Want It: The Business Lessons No One Asks for, No One Tells You, but Everyone Needs, is available for pre-order on Amazon ahead of its December 8, 2026 publication by Advantage Books. Avigdor also announced Chewing Glass, an upcoming podcast about the challenges of being an entrepreneur, premiering in November, 2026. Both projects focus on the hard, gritty side of building a business.
The book tells the story of Velocity Capital Group in reverse. It opens in Chapter 12, with the company established, and works back through setbacks with financing, staff and the pandemic to the company’s first days. The frame is a teenager who asks Avigdor to mentor him and is taught the lessons from the end to the beginning. Each chapter closes with takeaways and “Need It Notes” that ask readers to apply the ideas to their own businesses.
“If you can take a faster punch, and you can take more punches than the other guy, that’s who’s going to win,” said Jay Avigdor, Chairman and CEO of Velocity Capital Group.
In the book, Avigdor writes about “the days when I had to question whether I could turn my ambitions into reality.”
In an early trade review, BookLife by Publishers Weekly wrote: “Avigdor’s stories and enthusiasm give Need It, Don’t Want It welcome heart and humanity. This high-energy account cleverly lays bare the lessons founders learn when facing uncomfortable problems.” IndieReader called the book “an honest, structurally inventive account of building a business from the ground up that proves most persuasive in the chapters where the lessons come from various setbacks and failures.”
Chewing Glass takes its name from Avigdor’s description of what running a company feels like: being a CEO, he says, is mostly chewing glass. Rather than asking guests how they succeeded, the show will ask founders and business owners about what nearly ended their businesses, including missed payroll, bad hires, bad investors, and the setbacks founders usually keep private, and how they got through them.
“If you’ve gone through a world of pain and you’re still standing, I want to hear your story and how you got through it,” Avigdor said. “We’re going to talk about the pain, the blood, the sweat, the tears, the hardship.”
For Avigdor, the measure of a founder is what the business did for its people, not cars or money.
“Show me you emptied your personal bank account to make sure your employees got food on the table,” he said.
Need It, Don’t Want It will be published in hardcover and Kindle editions.
About Jay Avigdor
Jay Avigdor is Chairman and CEO of Velocity Capital Group, which he founded in 2018 from a folding table in a spare bedroom on Long Island. He entered alternative business finance as a teenager and has spent nearly two decades in the field. He is the author of Need It, Don’t Want It and the host of the upcoming podcast Chewing Glass.
About Velocity Capital Group
Velocity Capital Group is a financial services company focused on providing revenue-based financing solutions to businesses. The company uses technology, data-driven underwriting, and institutional operating practices to evaluate and provide business capital.
New York, New York, October 28th, 2026, FinanceWire
Need It, Don’t Want It, a business memoir told in reverse, publishes December 8, 2026, and the podcast will feature founders on the setbacks behind their companies.
Jay Avigdor, Chairman and Chief Executive Officer (CEO) of Velocity Capital Group, today announced that his book, Need It, Don’t Want It: The Business Lessons No One Asks for, No One Tells You, but Everyone Needs, is available for pre-order on Amazon ahead of its December 8, 2026 publication by Advantage Books. Avigdor also announced Chewing Glass, an upcoming podcast about the challenges of being an entrepreneur, premiering in November, 2026. Both projects focus on the hard, gritty side of building a business.
The book tells the story of Velocity Capital Group in reverse. It opens in Chapter 12, with the company established, and works back through setbacks with financing, staff and the pandemic to the company’s first days. The frame is a teenager who asks Avigdor to mentor him and is taught the lessons from the end to the beginning. Each chapter closes with takeaways and “Need It Notes” that ask readers to apply the ideas to their own businesses.
“If you can take a faster punch, and you can take more punches than the other guy, that’s who’s going to win,” said Jay Avigdor, Chairman and CEO of Velocity Capital Group.
In the book, Avigdor writes about “the days when I had to question whether I could turn my ambitions into reality.”
In an early trade review, BookLife by Publishers Weekly wrote: “Avigdor’s stories and enthusiasm give Need It, Don’t Want It welcome heart and humanity. This high-energy account cleverly lays bare the lessons founders learn when facing uncomfortable problems.” IndieReader called the book “an honest, structurally inventive account of building a business from the ground up that proves most persuasive in the chapters where the lessons come from various setbacks and failures.”
Chewing Glass takes its name from Avigdor’s description of what running a company feels like: being a CEO, he says, is mostly chewing glass. Rather than asking guests how they succeeded, the show will ask founders and business owners about what nearly ended their businesses, including missed payroll, bad hires, bad investors, and the setbacks founders usually keep private, and how they got through them.
“If you’ve gone through a world of pain and you’re still standing, I want to hear your story and how you got through it,” Avigdor said. “We’re going to talk about the pain, the blood, the sweat, the tears, the hardship.”
For Avigdor, the measure of a founder is what the business did for its people, not cars or money.
“Show me you emptied your personal bank account to make sure your employees got food on the table,” he said.
Need It, Don’t Want It will be published in hardcover and Kindle editions.
About Jay Avigdor
Jay Avigdor is Chairman and CEO of Velocity Capital Group, which he founded in 2018 from a folding table in a spare bedroom on Long Island. He entered alternative business finance as a teenager and has spent nearly two decades in the field. He is the author of Need It, Don’t Want It and the host of the upcoming podcast Chewing Glass.
About Velocity Capital Group
Velocity Capital Group is a financial services company focused on providing revenue-based financing solutions to businesses. The company uses technology, data-driven underwriting, and institutional operating practices to evaluate and provide business capital.
New York, United States, October 28th, 2026, FinanceWire
Led by Bessemer Venture Partners, the funding will accelerate Upwind’s cloud and AI security platform as enterprises face major infrastructure shifts and rising threats from AI-powered attacks and autonomous agents.
Upwind Security, the cloud and AI security company, today announced the close of its $400 million Series C funding round at a $3.8 billion valuation. The round was led by Bessemer Venture Partners, with participation from Canapi Ventures and existing investors Cyberstarts, Greylock Partners, Craft Ventures, Leaders Fund, Salesforce Ventures, TCV, Alta Park Capital, Penny Jar Capital, Cerca Partners, Swish Ventures, and Picture Capital.
The announcement follows a period of significant growth for Upwind, which has quadrupled its revenue in 2026 as enterprises seek security platforms built for increasingly complex cloud environments and AI-driven workloads. The company’s valuation has increased substantially from its $1.5 billion valuation in its Series B round in January 2026.
“AI is fundamentally changing both the cloud infrastructure architecture and the scale of cyber threats and how organizations build and operate software,” said Amiram Shachar, CEO and Co-Founder of Upwind. “Context is key to managing internal and external risks, security teams need to understand how cloud, and AI interact in real time. We built Upwind to unify those signals and eliminate complexity, helping organizations identify their most critical exposures, fix risks proactively, and detect attacks as they happen.”
Security Built for the Agentic Era
The rapid adoption of AI is creating new challenges for enterprise security teams. Attackers use AI to increase the scale and sophistication of their operations, employees use large language models to build new applications, and agents are autonomously operating within the organization. The possibilities for new risks and threats are growing exponentially.
The traditional, fragmented approach to security creates silos, providing alerts without enough context to determine the intent behind an AI agent’s activity or whether a vulnerability creates a reachable exposure. Upwind takes a different approach by using runtime intelligence context across cloud workloads, APIs, and AI agents.
The company’s Cloud and AI Security Platform reshapes cybersecurity by working from the inside-out. The platform combines the context of a customer’s cloud workloads, APIs, and agents with runtime intelligence to give security, development, and DevOps teams a shared understanding of the most critical risks and reachable exposures, how to fix them, and to catch new attacks in real time.
“Upwind gives us the exact visibility and context we need to stay ahead of cloud threats with complete confidence” says Tushar Dalvi, Deputy CISO at Confluent. “It has removed the complexity from cloud security to give us a clear, high-impact defense strategy with minimal overhead.”
To further meet the speed of AI risks and threats, security teams are amplified with specialized AI agents that investigate threats autonomously, act as a red team validating attack surface findings, and remediate risks in your infrastructure at machine speed, eliminating the heavy lifting of triage so teams can focus on judgement and response.
“Security needs to keep pace with environments that AI agents can change at a speed and scale that human teams alone cannot match,” Shachar said. “By combining real-time intelligence at runtime with the context needed to understand and remediate risk, we’re helping organizations move beyond alert management toward proactive security.”
Expanding Enterprise Adoption
Founded in 2022, Upwind was designed around the premise that cloud security must account for what is happening inside live environments, rather than relying primarily on periodic assessments and static snapshots. As enterprises modernize their infrastructure and deploy AI-powered applications, the company aims to provide a unified view of security risks across increasingly interconnected systems.
Upwind supports Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and Oracle Cloud Infrastructure. Through its integration with AWS Security Hub, customers can access Upwind directly within the AWS console, with simplified onboarding and unified billing through AWS.
The new funding will support the company’s continued product development and go-to-market expansion as it builds on its momentum with enterprise customers.
“Our investors have backed our vision and the traction we’re seeing in the market,” Shachar said. “This round gives us the opportunity to accelerate our momentum, expand our capabilities, and continue delivering the innovation customers need to secure cloud and AI infrastructure in the agentic era.”
“Upwind gave us visibility into what is actually running, not just what a scan found. That changed which risks we spend our time on.” – Michael Cannizzo, CISO of HedgeServ
“Setup only took days. What stood out after that was visibility into live workloads rather than a snapshot, and that redirected where our team spends effort.” – Russ Kirby, CISO of Ping
About Upwind Security
Upwind is the Cloud and AI security platform. Hundreds of organizations, including Siemens, Roku, Carvana, Nubank, Supabase, and ClickUp, trust Upwind to secure their cloud and AI infrastructure, applications, and agents. Upwind uses the context of your cloud workloads, APIs, and agents to give security, development, and DevOps teams the ability to fix the most critical risks and reachable exposures proactively while catching attacks in real time. To learn more, follow Upwind on LinkedIn, X, and YouTube.
New York, United States, October 28th, 2026, FinanceWire
Led by Bessemer Venture Partners, the funding will accelerate Upwind’s cloud and AI security platform as enterprises face major infrastructure shifts and rising threats from AI-powered attacks and autonomous agents.
Upwind Security, the cloud and AI security company, today announced the close of its $400 million Series C funding round at a $3.8 billion valuation. The round was led by Bessemer Venture Partners, with participation from Canapi Ventures and existing investors Cyberstarts, Greylock Partners, Craft Ventures, Leaders Fund, Salesforce Ventures, TCV, Alta Park Capital, Penny Jar Capital, Cerca Partners, Swish Ventures, and Picture Capital.
The announcement follows a period of significant growth for Upwind, which has quadrupled its revenue in 2026 as enterprises seek security platforms built for increasingly complex cloud environments and AI-driven workloads. The company’s valuation has increased substantially from its $1.5 billion valuation in its Series B round in January 2026.
“AI is fundamentally changing both the cloud infrastructure architecture and the scale of cyber threats and how organizations build and operate software,” said Amiram Shachar, CEO and Co-Founder of Upwind. “Context is key to managing internal and external risks, security teams need to understand how cloud, and AI interact in real time. We built Upwind to unify those signals and eliminate complexity, helping organizations identify their most critical exposures, fix risks proactively, and detect attacks as they happen.”
Security Built for the Agentic Era
The rapid adoption of AI is creating new challenges for enterprise security teams. Attackers use AI to increase the scale and sophistication of their operations, employees use large language models to build new applications, and agents are autonomously operating within the organization. The possibilities for new risks and threats are growing exponentially.
The traditional, fragmented approach to security creates silos, providing alerts without enough context to determine the intent behind an AI agent’s activity or whether a vulnerability creates a reachable exposure. Upwind takes a different approach by using runtime intelligence context across cloud workloads, APIs, and AI agents.
The company’s Cloud and AI Security Platform reshapes cybersecurity by working from the inside-out. The platform combines the context of a customer’s cloud workloads, APIs, and agents with runtime intelligence to give security, development, and DevOps teams a shared understanding of the most critical risks and reachable exposures, how to fix them, and to catch new attacks in real time.
“Upwind gives us the exact visibility and context we need to stay ahead of cloud threats with complete confidence” says Tushar Dalvi, Deputy CISO at Confluent. “It has removed the complexity from cloud security to give us a clear, high-impact defense strategy with minimal overhead.”
To further meet the speed of AI risks and threats, security teams are amplified with specialized AI agents that investigate threats autonomously, act as a red team validating attack surface findings, and remediate risks in your infrastructure at machine speed, eliminating the heavy lifting of triage so teams can focus on judgement and response.
“Security needs to keep pace with environments that AI agents can change at a speed and scale that human teams alone cannot match,” Shachar said. “By combining real-time intelligence at runtime with the context needed to understand and remediate risk, we’re helping organizations move beyond alert management toward proactive security.”
Expanding Enterprise Adoption
Founded in 2022, Upwind was designed around the premise that cloud security must account for what is happening inside live environments, rather than relying primarily on periodic assessments and static snapshots. As enterprises modernize their infrastructure and deploy AI-powered applications, the company aims to provide a unified view of security risks across increasingly interconnected systems.
Upwind supports Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and Oracle Cloud Infrastructure. Through its integration with AWS Security Hub, customers can access Upwind directly within the AWS console, with simplified onboarding and unified billing through AWS.
The new funding will support the company’s continued product development and go-to-market expansion as it builds on its momentum with enterprise customers.
“Our investors have backed our vision and the traction we’re seeing in the market,” Shachar said. “This round gives us the opportunity to accelerate our momentum, expand our capabilities, and continue delivering the innovation customers need to secure cloud and AI infrastructure in the agentic era.”
“Upwind gave us visibility into what is actually running, not just what a scan found. That changed which risks we spend our time on.” – Michael Cannizzo, CISO of HedgeServ
“Setup only took days. What stood out after that was visibility into live workloads rather than a snapshot, and that redirected where our team spends effort.” – Russ Kirby, CISO of Ping
About Upwind Security
Upwind is the Cloud and AI security platform. Hundreds of organizations, including Siemens, Roku, Carvana, Nubank, Supabase, and ClickUp, trust Upwind to secure their cloud and AI infrastructure, applications, and agents. Upwind uses the context of your cloud workloads, APIs, and agents to give security, development, and DevOps teams the ability to fix the most critical risks and reachable exposures proactively while catching attacks in real time. To learn more, follow Upwind on LinkedIn, X, and YouTube.
San Francisco, US, October 28th, 2026, FinanceWire
FinSight Ventures Launches $100 Million Physical AI Index Fund, Targeting the Third Wave of Artificial Intelligence
FinSight Ventures, a global technology investment fund with $1B+ AUM and a portfolio of 13 unicorns, announced the formation of the FinSight Physical AI Index Fund — its second thematic index fund and the first institutional vehicle dedicated exclusively to the Physical AI segment that interacts with the physical world.
The Fund targets a concentrated portfolio of 10–12 leading companies across four Physical AI segments — Robotics, AI for Science, Foundation Layer, and Hardware & Infrastructure — with an aggregate target capitalization of $5.7T by 2031.
“Physical AI is not a trend, but the third structural wave of artificial intelligence,” said Alexey Garyunov, Founder and General Partner of FinSight Ventures. “Perception AI gave machines eyes and ears. Generative AI gave them language. Physical AI gives them agency in the real world. We are now at the same inflection point that defined OpenAI and Anthropic in 2019 — except what is being built is an order of magnitude larger.”
The Fund’s investment thesis rests on a structural labor shortage that no conventional policy instrument can address at scale. According to UN projections, the working-age population across East Asia, Europe, and the United States will contract by 342 million people by 2050 — a cohort representing approximately 55% of global GDP. Migration flows are slowing down. Labor participation rates in advanced economies have reached their effective ceiling.
“We modeled every mechanism available to close a 342-million-person labor gap,” said Garyunov. “Offshoring runs against reshoring policy — the CHIPS Act, the IRA, the EU Chips Act. Migration is contracting, not expanding. Labor participation in developed markets is already at 74–80%. The only channel with growing capacity is automation through Physical AI. This represents a demographic inevitability rather than a simple technology bet.”
Market Context
According to PitchBook data, Physical AI’s share of global venture financing has grown from 0.8% in 2016 to 12% in 2025, with investment volume rising from $2.0B to $64.7B over the same period and reaching $72.2B in the first half of 2026 alone. The top 20 global venture funds have completed 345 transactions in the segment since 2022, two-thirds of them after January 2024.
The humanoid robot fleet is projected to reach between 330 million and 1 billion units by 2050, displacing an estimated $19.8T in annual labor value. At a 15–20% revenue capture rate and a 7.5–10x P/S multiple, the Physical AI sector is projected to carry a market capitalization of $22–40T by 2050.
“The enabling technologies converged in 2023–2025,” said Garyunov. “NVIDIA’s Cosmos world models solved the data problem — robots can now train millions of times faster in simulation than in the physical world. VLA models solved the intelligence problem — a single model sees, understands natural language, and acts. The EV supply chain solved the cost problem. The infrastructure for a Physical AI industry is in place. What follows is deployment at scale.”
About FinSight Ventures
FinSight Ventures is a global technology investment firm founded in 2012, with offices in the United States, India, and Cyprus. The fund manages $1B+ in assets across a portfolio that includes 13 unicorns. Portfolio companies comprise Klarna, Uzum, Razorpay, Cashea, Rappi, Punto Pago, and more than 80 other companies. Last year, FinSight launched the FinSight Gen AI Index Fund, which invested in 13 companies that represent the American AI Sector including Together AI, Fin AI, Crusoe, Glean among others.
San Francisco, US, October 28th, 2026, FinanceWire
FinSight Ventures Launches $100 Million Physical AI Index Fund, Targeting the Third Wave of Artificial Intelligence
FinSight Ventures, a global technology investment fund with $1B+ AUM and a portfolio of 13 unicorns, announced the formation of the FinSight Physical AI Index Fund — its second thematic index fund and the first institutional vehicle dedicated exclusively to the Physical AI segment that interacts with the physical world.
The Fund targets a concentrated portfolio of 10–12 leading companies across four Physical AI segments — Robotics, AI for Science, Foundation Layer, and Hardware & Infrastructure — with an aggregate target capitalization of $5.7T by 2031.
“Physical AI is not a trend, but the third structural wave of artificial intelligence,” said Alexey Garyunov, Founder and General Partner of FinSight Ventures. “Perception AI gave machines eyes and ears. Generative AI gave them language. Physical AI gives them agency in the real world. We are now at the same inflection point that defined OpenAI and Anthropic in 2019 — except what is being built is an order of magnitude larger.”
The Fund’s investment thesis rests on a structural labor shortage that no conventional policy instrument can address at scale. According to UN projections, the working-age population across East Asia, Europe, and the United States will contract by 342 million people by 2050 — a cohort representing approximately 55% of global GDP. Migration flows are slowing down. Labor participation rates in advanced economies have reached their effective ceiling.
“We modeled every mechanism available to close a 342-million-person labor gap,” said Garyunov. “Offshoring runs against reshoring policy — the CHIPS Act, the IRA, the EU Chips Act. Migration is contracting, not expanding. Labor participation in developed markets is already at 74–80%. The only channel with growing capacity is automation through Physical AI. This represents a demographic inevitability rather than a simple technology bet.”
Market Context
According to PitchBook data, Physical AI’s share of global venture financing has grown from 0.8% in 2016 to 12% in 2025, with investment volume rising from $2.0B to $64.7B over the same period and reaching $72.2B in the first half of 2026 alone. The top 20 global venture funds have completed 345 transactions in the segment since 2022, two-thirds of them after January 2024.
The humanoid robot fleet is projected to reach between 330 million and 1 billion units by 2050, displacing an estimated $19.8T in annual labor value. At a 15–20% revenue capture rate and a 7.5–10x P/S multiple, the Physical AI sector is projected to carry a market capitalization of $22–40T by 2050.
“The enabling technologies converged in 2023–2025,” said Garyunov. “NVIDIA’s Cosmos world models solved the data problem — robots can now train millions of times faster in simulation than in the physical world. VLA models solved the intelligence problem — a single model sees, understands natural language, and acts. The EV supply chain solved the cost problem. The infrastructure for a Physical AI industry is in place. What follows is deployment at scale.”
About FinSight Ventures
FinSight Ventures is a global technology investment firm founded in 2012, with offices in the United States, India, and Cyprus. The fund manages $1B+ in assets across a portfolio that includes 13 unicorns. Portfolio companies comprise Klarna, Uzum, Razorpay, Cashea, Rappi, Punto Pago, and more than 80 other companies. Last year, FinSight launched the FinSight Gen AI Index Fund, which invested in 13 companies that represent the American AI Sector including Together AI, Fin AI, Crusoe, Glean among others.
Each service has its own terms; the prop service uses demo accounts and is not a brokerage service.
Castries, Saint Lucia, October 28th, 2026 – Velaris Markets operates two services under one brand. Its brokerage offers CFDs on forex, indices, commodities and crypto on MetaTrader 5. Its prop service runs trading challenges on simulated accounts of up to $100,000: traders who pass and verify their identity receive a funded simulated account and 80% of the profit on that account, paid as a reward. Both services launched in July 2026.
Brokerage: two account types, no minimum deposit
The Standard account has spreads from 1.2 pips and no commission. The ECN account has spreads from 0.0 pips plus a commission of $7 per lot round turn on forex and metals. There is no minimum deposit. Leverage goes up to 1:200 on FX pairs and is lower on other asset classes. Clients deposit by card or in crypto (BTC, ETH, USDT, USDC). The client portal also offers copy trading, where a client’s own account follows a strategy provider, and Money Management (PAMM) pools run by pool managers.
Prop service: simulated accounts from $2,500 to $100,000
The prop service runs 1-Step challenges with account sizes from $2,500 to $25,000 and 2-Step challenges from $2,500 to $100,000, all on MT5, for a one-time fee starting at $29. There is no time limit to pass. A trader who passes and completes identity verification receives a funded account of the same size. Payouts run in 14-day cycles, and each payout request receives a decision within 48 hours. On the 2-Step challenge, the fee is returned with the first payout.
“Our experience in the industry shows that established firms in this business run both a brokerage and a prop structure, because together they build more trust in the brand,” said Yasen Dimitrov, Director of Velaris Markets. “A trader with a few hundred dollars has two options: trade that money directly, or pay a fee to prove a strategy on a larger simulated account. At Velaris the same trader can open a broker account with no minimum deposit, or start a $2,500 2-Step challenge for $29, where the most they can lose is the fee.”
Both services use the same support model. Live chat is open at any hour: an AI assistant answers first and hands over to the support team, which works Monday to Friday. The aim is to resolve the issue during the chat rather than open a ticket and reply later.
The brokerage is available atvelarismarkets.com and the prop service atprop.velarismarkets.com. Neither service is available to citizens or residents of the United States or of sanctioned jurisdictions; the full lists are in each service’s terms.
About Velaris Markets
Velaris Markets Limited is a company incorporated in Saint Lucia in January 2026 under company number 2026-00083. It is not licensed by a financial regulator. Client funds at the brokerage are held separately from the company’s operating funds. The prop service is not a brokerage service and is not a regulated financial service; it is an evaluation program run on demo accounts.
