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Profound Establishes Singapore as Asia Pacific Headquarters as AI Becomes the New Front Door For Brands

Profound Establishes Singapore as Asia Pacific Headquarters as AI Becomes the New Front Door For Brands

02/11/2026GlobeNewswire4 Mins Read
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SINGAPORE, Nov. 02, 2026 (GLOBE NEWSWIRE) — Profound, the AI marketing platform trusted by one third of the Fortune 100, today announced the establishment of Singapore as its Asia Pacific headquarters. Profound’s regional leadership, go-to-market and customer teams will be based in Singapore. From there they will support brands across the region including Southeast Asia, Japan, Australia and New Zealand.  

Growing Demand for AI Marketing From Brands Across Asia Pacific

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Singapore is the most active adopter of AI in Asia-Pacific and second in the world, with 61% of the population using AI tools, according to Stanford HAI’s 2026 AI Index. That usage is increasingly commercial. New Profound analysis of 1.8 million anonymised ChatGPT and Gemini conversations from users in Singapore found that the share of conversations where people are researching, comparing or buying products and services grew 23% between January and September 2026.

For brands across the region, this shift is making how they show up in AI answers a leadership-level priority. Profound’s AI Search insights and agentic workbench help marketing teams manage it, surfacing where their brand is winning or losing ground and deploying agents to close the gaps.

The Singapore headquarters will let Profound work more closely with these customers and meet growing demand across the region. The move follows Profound’s $180 million Series D in September, co-led by Sequoia Capital and Kleiner Perkins.

AI Marketing Transformation in Singapore

Profound will open its Singapore office in the Central Business District in Q4 2026. The company plans to hire more than 15 roles in Singapore over the next 12 months. These include a General Manager for Asia-Pacific, account executives, go-to-market associates, engagement managers and account managers. Members of Profound’s New York team will also relocate to Singapore for a year to help build the regional team and bring Profound’s ways of working to the new office.

James Cadwallader, Co-Founder and CEO said: “AI is the new front door to every business, and brands across Asia Pacific are moving fast to control how they show up. We’ve already seen that demand firsthand, with brands across the region coming to us before we had a single person on the ground. Singapore is the natural home for our next chapter. It’s where the region’s biggest brands make decisions, and it’s a country that takes AI seriously at the highest level.” 

Marketing in the Era of the Agentic Web in Asia Pacific

Ling Yuan Chun, Senior Vice President and Head of Global Ventures, Singapore Economic Development Board, commented: “Profound is an innovative technology company that is transforming the digital marketing industry. The establishment of its Asia Pacific headquarters here epitomises the confidence that global AI companies have in Singapore as a well-connected hub to support their growth ambitions in the region. Profound will create new job opportunities in Singapore including management, go-to-market and headquarter roles, thereby enhancing our rapidly growing AI ecosystem. We look forward to supporting Profound’s growth in Singapore.”

The announcement coincides with Zero Click Singapore, held on 29th October at Raffles Hotel. It is the first time Profound has brought its Zero Click conference to Asia-Pacific, following Zero Click Sydney on 27 October. Profound also hosted a recruiting event in Singapore on 30 October to support local hiring.

About Profound
Profound is the fastest growing AI marketing platform used by 16% of the Fortune 500 like The Estée Lauder Companies, Comcast, Walmart and U.S. Bank, and innovators like Zoom, Ramp, and MongoDB. It’s the workbench where marketers research, write, report, and collaborate with Profound’s AI Marketer to get their brand chosen by the Answer Engines consumers increasingly rely on. Built on 2B+ real user prompts and growing, Profound shows what people ask AI and what the models say back. Profound’s AI Marketer proactively pairs that data with your business context to surface opportunities, deploy Agents, and measure the impact to improve with every use. Learn more at tryprofound.com.

Media Contact

Layla Baradaran
Media@tryprofound.com

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ICON’s Titan Robotic Printer

ICON's new multi-story robotic printer, Titan, at their R&D Printland Facility in Austin, TX
ICON’s new multi-story robotic printer, Titan, at their R&D Printland Facility in Austin, TX

For centuries, the way the world builds has barely changed. We built ICON to change that. From the largest construction-scale robots on Earth to the systems that will build humanity’s first structures on the Moon. A new era of construction has begun.

AUSTIN, Texas, Oct. 13, 2026 (GLOBE NEWSWIRE) — ICON, the global leader in advanced construction technology, today announced its $200 million Series D financing co-led by Baillie Gifford and funds managed by BlackRock with participation from Capital Factory, CAZ Investments,, Moderne Ventures, Moonshots Capital, Norwest, Overmatch, The Syndicate, Tiger Global, among others. The financing will fuel the manufacturing and deployment of ICON’s robotic construction systems, open a large-scale R&D facility in Austin, Texas, advance its next-generation construction technologies, including Titan and Olympus, and rapidly expand ICON’s footprint across Texas, Florida, Washington D.C., and new U.S. markets.

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“The industries hardest to change often have the most to gain, and the companies that transform them tend to become some of the most important of their generation,” said Luke Ward, Private Companies Investment Manager at Baillie Gifford. “ICON’s construction system is compelling not just for its technology, but because it works with, rather than against, the business realities that shape a project’s success. With it, builders can take on more work, owners can get better value for money, and communities can get more of what they need, sooner. As long-term investors, we look for exactly this kind of big opportunity for our clients, paired with patient, compounding execution, and we’re leading this round to support Jason and the team as they introduce this capability to the wider industry.”

Construction is a $16 trillion global industry that has barely changed in half a century, leaving the U.S. roughly 4 million homes short of demand today. At the same time, the workforce that built the last century of housing is aging out: just 10% of U.S. construction workers are under 25, and 41% of the current workforce is expected to retire by 2031.* This structural crisis is one of the most consequential of our generation, and one ICON exists to solve.

Today, the way humanity builds is fundamentally changing. This new era of construction is defined by intelligent machines, advanced building materials, and a digitally native approach designed to work together to build faster, at lower cost, and with significantly higher building performance.

The Series D financing will initiate the production and manufacturing of Titan, ICON’s multi-story robotic construction system, at the ICON factory located in Austin, Texas. The innovative print system is engineered to reduce the construction time of an average home by six weeks at 40% lower cost than the national average.** FormCrete, ICON’s proprietary building material for 3D-printing, is engineered to deliver walls rated for 175+ mph wind versus 40 mph for traditional stick frames, and a 2+ hour fire rating versus 0.5 hours for conventional construction. ICON’s vertical integration across robotics, software, advanced building materials, and building design is what enables the platform’s efficiency and scalability.

ICON presently operates three primary business units: Build, Tech, and Prime. Build is the foundation of everything ICON delivers, from resilient residential homes to commercial and hospitality buildings constructed with advanced robotic systems and materials. Tech is the engine powering a unified construction platform engineered to operate as one system, equipping builders to deliver structures faster, more sustainably, and at lower cost. Prime is ICON’s dedicated defense and space division, deploying robotic construction systems to rebuild military readiness, strengthen national security infrastructure, and extend human presence beyond Earth. These distinct divisions reflect the company’s evolution from proving a home-building technology to scaling a platform. ICON’s expansion creates new opportunities for top talent to join a fast-growing company at the forefront of the most consequential reinvention of the built environment in a generation.

ICON is on pace for 4x revenue growth in 2026. The company has built more than 270 homes and structures across five states and two countries, including Wolf Ranch in Georgetown, Texas, the world’s first and largest community of 3D-printed homes, built with Lennar, more than a hundred homes for people experiencing homelessness in the U.S. through Community First! Village in Austin, and military installations for the U.S. Army. In January 2026, ICON broke ground on 10 barracks at Fort Bliss, the largest deployment of robotic construction technology in Department of War history and the first additively manufactured structures to meet the Pentagon’s Unified Facilities Criteria. ICON Prime has been awarded more than $370 million in government contracts and continues to advance Project Olympus with NASA, developing the construction systems that will build on the Moon.

For more information, visit www.iconbuild.com.

About ICON
ICON is the global leader in construction technology, developing robotics, intelligent software systems, and advanced materials that are changing the way the world builds on Earth and beyond. For more information visit www.iconbuild.com or follow the conversation on Instagram, X, Facebook, LinkedIn and YouTube (@icon3dtech).

About Baillie Gifford
Baillie Gifford is an independent investment manager founded in 1908, owned and run by 54 partners. While much has changed in 118 years, the firm’s focus on seeking superior, long-term investment returns for clients remains constant. Baillie Gifford’s mission is to identify game-changing companies capable of sustaining growth and delivering returns for decades to come. As at June 30, 2026, assets under management totalled $262bn // £197bn.

Media Contact
ICON: press@iconbuild.com

*https://bit.ly/4fLw3ja, https://bit.ly/4yW6apr, https://bit.ly/4xl77pS, https://bit.ly/4fPBSMC, https://bit.ly/4bZeP0y
**Internal cost modeling compared to the National Association of Home Builders Annual Report.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c8ddcd0d-3b85-4f6b-a038-788d115be015

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b52e8d04-df4d-448d-9628-f9ccff3c6ed6

 

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“Questor’s technology has a strong track record in achieving unprecedented performance, and interest from our global and local clients remains high. My priority is to bring value-add solutions to our clients, with disciplined execution and a clear focus on clients who value what we do. I am grateful to the shareholders and employees who continue to support the Company, and I look forward to getting back to work,” said Ms. Mascarenhas.

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Questor now moves forward with renewed focus on its global and local opportunities. Discussions with Tier 1 clients have resumed following Ms. Mascarenhas’ return, and the Board and management believe the Company is well positioned to convert this renewed engagement into long-term growth for shareholders.

ABOUT QUESTOR TECHNOLOGY INC.

Questor Technology Inc., incorporated in Canada under the Business Corporations Act (Alberta), is an environmental emissions reduction technology company founded in 1994, with global operations. The Company is focused on clean air technologies that safely and cost effectively improve air quality, support energy efficiency and greenhouse gas emission reductions. The Company designs, manufactures and services high efficiency clean combustion systems that destroy harmful pollutants, including Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants and BTEX (Benzene, Toluene, Ethylbenzene and Xylene) gases within waste gas streams greater than 99.99 percent efficiency per its ISO 14034 Certification.

The Company also has proprietary heat to power generation technology and is currently targeting new markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects. The combination of Questor’s clean combustion and power generation technologies can help clients achieve net zero emission targets for minimal cost.

QUESTOR TRADES ON THE TSX VENTURE EXCHANGE UNDER THE SYMBOL ‘QST’

For further information, contact:

Audrey Mascarenhas
President and Chief Executive Officer
Phone: 403-571-1530
Email: amascarenhas@questortech.com

Investor Relations Contact:
Email: investor@questortech.com

Forward-Looking Statements

Certain information in this news release constitutes forward-looking statements. When used in this news release, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “seek”, “propose”, “estimate”, “expect”, and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. This news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company’s current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company’s public disclosure documents. Many factors could cause the Company’s actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This document is not intended for dissemination or distribution in the United States.

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