Author: BBT (Editorial Board)

TechTimes Editors’ Choice 2026: Rules and Timeline

29/10/2026BBT (Editorial Board)

TechTimes VietnamEditors’ Choice 2026 Technology · Innovation · Editorial Excellence Annual Technology Awards The technology that moves us forward TECHTIMESEDITORS’…

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TechTimes Editors’ Choice 2026 Officially Launches: Credibility, Objectivity, Fairness, and Transparency

29/10/2026BBT (Editorial Board)

ANNUAL TECHNOLOGY AWARDS CELEBRATING TECHNOLOGY THAT MATTERS TechTimes Editors’ Choice 2026 seeks to discover and recognize outstanding technology products and…

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Kevel Secures $52 Million to Scale AI-Driven Infrastructure for the Future of Commerce Media

21/10/2026

Largest funding round to date accelerates product innovation, transparent AI decisioning, and global expansion for commerce networks

DURHAM, North Carolina, Oct. 21, 2026 (GLOBE NEWSWIRE) — Kevel, the ad tech infrastructure empowering commerce businesses to build media networks they own and grow, today announced $52 million in new capital, marking the largest capital raise in the company’s history. The financing includes expanded strategic investments from Fulcrum Equity Partners, dunnhumby Ventures LLC, Iberis Capital and additional growth capital from ORIX Corporation USA’s (“ORIX USA”) Growth Capital business.

Kevel’s total capital raised now exceeds $100 million, reflecting strong demand for its technology across the retail and commerce media industry. The continued support of investors like dunnhumby, the retail media arm of Tesco, reflects growing momentum behind retailer-owned media ecosystems. Dunnhumby’s recent launch of the Dunnhumby Network Alliance (DNA), built in partnership with Kevel, also demonstrates an increase in industry-wide initiatives like this to drive greater scale and connectivity across retail media networks.

Kevel’s API-first architecture gives retailers, marketplaces and commerce platforms the flexibility to build media businesses around their own customers, data and growth strategies. As commerce media enters its next stage of maturity, businesses are shifting focus from launching to scaling media networks, requiring infrastructure capable of supporting omnichannel activation and AI-powered decisioning.

“Commerce media is entering a new era, one defined by ownership, transparency, and AI-driven infrastructure built around the business rather than intermediaries,” said James Avery, Founder & CEO, Kevel. “To keep commerce media open and competitive, businesses must own their monetization and data. This raise enables us to scale the technology retailers and marketplaces need to build differentiated media networks, drive sustainable growth, and compete head-to-head with the largest platforms.”

Kevel is the leading commerce media platform, trusted by over 100+ commerce media networks, including Tesco, Dollar General Media Networks, John Lewis Partnership, Paypal, Scandinavian Airlines, Home Depot’s Orange Apron Media, Nubank, and more, across North America, Europe, LATAM, and APAC. Kevel has a commitment to powering independent, privacy-first media networks for retailers, marketplaces and commerce platforms so they can compete with the walled gardens on their own terms.

“Kevel has built an impressive, highly differentiated platform that enables customers to rapidly launch and scale retail media businesses tailored to their unique brands and audiences,” said Blake Zhang, Managing Director in ORIX USA’s Growth Capital business. “As the market continues to expand across on-site, off-site, in-store and other emerging channels, we believe Kevel is well positioned to help customers navigate that growing complexity and scale across an increasingly broad ecosystem. We are excited to partner with James and the Kevel team as they continue to innovate and help shape the next generation of retail media.”

The investment reinforces Kevel’s position as the API-first infrastructure layer for AI-enabled commerce media, built on a simple principle: AI that retailers can see into, control, and trust. As AI becomes increasingly central to media monetization, retailers need real visibility into how decisions are made and confidence that those decisions align with their business goals. Kevel’s transparent AI shows exactly how and why every ad decision is made, so retailers can prove performance to advertisers, protect the shopper experience, and keep full ownership of their data and models.

“Kevel’s continued investment in building cutting-edge infrastructure and AI to power commerce media networks is truly incredible,” commented Philip Lewis, Partner, Fulcrum Equity Partners. “We are thrilled to continue investing to ensure that Kevel has the resources to support the complex needs of our partners.”

The funding will accelerate Kevel’s next stage of growth, with transparent AI at the center of its product roadmap. The company will continue developing its AI decisioning and optimization capabilities so that every ranking, bid and placement decision is explainable, auditable and configurable by retailers. The company will also expand globally into new retail and commerce media categories and deepen its strategic advisory services, helping retailers at every stage of maturity put AI to work without giving up visibility or control.

Cafferty & Company, an independent debt advisory firm, served as the sole advisor to Kevel on the transaction.

About Kevel

Kevel powers top retail and commerce media networks globally. Kevel helps businesses build a media network around its unique goals. This enables them to create differentiated media experiences, unlock new revenue streams, and scale in an AI-first world. Built API-first, Kevel combines the speed of buying with the control of building. Companies can use Kevel’s transparent AI or bring their own data and models, giving them the flexibility to evolve their media business as customers, advertisers, and market opportunities change. The result is a media network that launches quickly, adapts continuously, and scales revenue over time. For more information, visit kevel.com.

Media Contact

Laura Cameron
Mead Cameron
laura@meadcameron.com
+44 (0)7740 948 378

Photo available: https://www.globenewswire.com/NewsRoom/AttachmentNg/0351cc06-497a-477f-bd5f-c25d52ba1cb0

RapidCanvas Acquires Entytle to Bring AI-Driven Execution to the Industrial Aftermarket

28/10/2026

With Entytle’s team, customers and Insyghts platform joining RapidCanvas, the AI-native company gains deep domain expertise and rich context from the installed base aftermarket, strengthening its vertical focus

AUSTIN, Texas, Oct. 28, 2026 (GLOBE NEWSWIRE) — RapidCanvas, a managed AI execution company, today announced it has acquired Entytle, the company that pioneered the Autonomous Aftermarket for B2B OEMs, whose AI agents find and capture untapped revenue across an OEM’s installed base.

Every OEM with a large installed base faces the same constraint: there aren’t enough people to stay proactively connected to every customer and every asset. So they serve the top accounts and leave the rest untended, not by choice, but by necessity. Entytle’s agents/AI monitor activity across an OEM’s installed base of assets and make recommendations for sales/marketing/service actions that drive revenue growth. By automating customer- and asset-facing workflows, OEMs can engage their entire installed base for the first time. That’s the Autonomous Aftermarket.

The announcement follows RapidCanvas’s $29 million Series B round, disclosed Oct. 21 and led by Vertex Ventures SEA & India with strategic anchor investment from Hitachi Ventures.

The acquisition includes Entytle’s technology, customers and employees. Entytle customers include Peerless Pump, Baker Hughes, GEA, Veolia and other similar B2B OEMs. Entytle customers will keep their current support team and gain access to the broader RapidCanvas platform and AI engineering bench.

Manufacturers sell machines that run for 10 to 30 years, which generate a long stream of parts and service revenue for the OEM after the sale, according to Entytle. Most sales teams cannot reach every buyer. Entytle’s agents take over that outreach in the background, covering prospecting, quoting and customer service.

“The industrial aftermarket is one of the most valuable and least visible parts of an Industrial OEM’s business; the bottleneck to unlocking aftermarket revenue has always been execution, not only insights. By bringing that Entytle team and platform together with RapidCanvas, we can turn aftermarket programs into AI-driven systems that run, learn and improve every day, and we can build them faster than anyone in the category,” said Rahul Pangam, co-founder and chief executive officer of RapidCanvas.

“For a long time I’ve believed that all vertical software is AI, and all AI is vertical software. Today that becomes real. OEMs are leaning into AI fast, and sitting on the sidelines is not an option. We asked ourselves whether to build an AI-native engine or join forces with one, and RapidCanvas was the clear standout for our customers and our vision,” said Vivek Joshi, CEO of Entytle.

“Industrial manufacturers have spent decades building enormous installed bases, but significant value remains unlocked. Entytle has built deep domain and data expertise in this vertical, and RapidCanvas brings the power of AI to drive business value at scale. The aftermarket has always been a driver of margins and valuation, and this combination will truly amplify that,” said Dinesh Katiyar, Partner at Accel.

Entytle’s aftermarket specialists will work with the RapidCanvas platform under its Hybrid Approach™, which pairs the AI platform with field AI engineers. The Insyghts name will remain and Vivek Joshi will serve as the general manager of the Aftermarket division of RapidCanvas.

Financial terms were not disclosed.

About RapidCanvas
RapidCanvas is a managed AI execution company that takes organizations from concept to production to scaled transformation. The RapidCanvas Hybrid Approach™ pairs elite human experts with a purpose-built agentic platform, delivering solutions that are human-led, agent-executed, and outcome-first. Partners include leaders in manufacturing, retail/consumer goods, financial services, business services, supply chain, and infrastructure. Recognized as a top 5 Data Science and Machine Learning platform by G2. See rapidcanvas.ai.

About Entytle
Entytle, Inc. provides Aftermarket Intelligence solutions to Industrial OEMs. The company’s flagship product, Insyghts, an Installed Base Intelligence Platform (IBIP) that assembles, cleanses, analyzes, and operationalizes Installed Base data so machinery manufacturers can make customer-facing workflows more efficient.

Entytle’s solutions are deployed across thousands of Industrial OEM users. The cloud-based platform includes purpose-built AI that provides a complete 360 view of the Installed Base, intelligent hunting lists, and the ability to orchestrate automation between various tools, systems, or processes. This enables smarter, faster workflows leading to increases in productivity, capacity, and scalability.

Industry leaders such as Peerless Pump, Baker Hughes, GEA, Veolia , and many more trust Entytle to help drive efficiency and growth using their Installed Base. Learn more about how Entytle can help you win over your Installed Base and drive commercial productivity at www.entytle.com.

Media Contact
Justin Finnegan
SamsonPR for RapidCanvas
917-952-4752
rapidcanvas@samsonpr.com

Author: BBT (Editorial Board)

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Author: BBT (Editorial Board)