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NOVOS FiBER and PRIME FiBER close $75M debt facility in a deal led by Woodforest National Bank

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DALLAS, Oct. 8, 2024 /PRNewswire/ — NOVOS FiBER, a retail fiber-to-the-home (FTTH) internet service provider (ISP) and its sister company, PRIME FiBER, a commercial open-access fiber infrastructure company, announced today the closing of their first senior secured debt facility through their holding company, IL Fiber TopCo LLC, giving the companies joint access to up to $175M, including a $100M accordion. The round was led by Woodforest National Bank and the syndicate included Third Coast Bank and Sunflower Bank.

NOVOS FiBER is currently serving customers across the Dallas-Fort Worth area whilst PRIME FiBER has started a major construction program in Bonita Springs and Naples, Florida. Both NOVOS FiBER and PRIME FiBER are backed by InLight Capital, a private investment firm based in Sugar Land, Texas. 

Sutton Fannon, Head of Private Investments at InLight Capital, commented on the deal saying, “This is a sizable facility relative to where we are in our journey and we very much appreciate the trust Woodforest, Third Coast and Sunflower have placed in us.” Jarrod Watson, CFO of NOVOS FiBER and PRIME FiBER added, “It’s a testament to the team’s progress, and the additional capital will enable both businesses to accelerate their projects, particularly in 2025.” 

Andrew Snead, CEO of NOVOS FiBER and PRIME FiBER, went on to say, “This is a scale game, and the market is becoming increasingly competitive. We’re focusing on executing with the right build economics, at speed. Capital is key and we’re fortunate to have access to sizable equity and debt funding.”

“Our team is excited to lead the credit structuring in support of NOVOS FiBER and PRIME FiBER’s, continued expansion,” said Ryan Voorhies, Executive Vice President, Group Head TMT Banking of Woodforest National Bank. “The management team has demonstrated an ability to execute, and we believe they’ll continue to do well as they expand their infrastructure and operations.”

About NOVOS FiBER
NOVOS FiBER is a fiber-to-the-home (FTTH) provider focused on providing affordable and reliable high-speed fiber internet to customers. They place a particularly strong focus on customer service and community engagement. The company was founded by Andrew Snead and is funded by InLight Capital, a Sugar Land based private investment firm.

About PRIME FiBER
PRIME FiBER is an open-access fiber-to-the-home (FTTH) infrastructure provider serving ISPs (Internet Service Providers), infrastructure consolidators and enterprises across the US. PRIME FiBER is funded by InLight Capital, a private investment firm based in Sugar Land, Texas.

About InLight Capital
InLight Capital, LLC (“InLight”) is a private investment firm based in Sugar Land, Texas. InLight’s permanent capital base allows us to pursue an objective of long duration compounded capital growth. InLight maintains flexibility and discretion of the amount, duration and objectives of its invested capital, allowing for efficient decision making and strategic alignment with all stakeholders. InLight invests across two primary verticals: private investments and real estate.

About Woodforest National Bank
Woodforest National Bank is a leading privately owned bank that has provided excellent customer service since 1980. Woodforest offers a wide variety of services to their customers and has extensive experience in lending with over $6 billion in loans on their balance sheet. The bank offers loans such as lines of credit and term loans to commercial customers.

CONTACT: Lauren Schaefer, lauren.schaefer@novosfiber.com

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Osome Eyes the Next Wave of AI Companies Choosing Singapore

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SINGAPORE, HONG KONG and LONDON, July 27, 2026 /PRNewswire/ — Osome, the AI company management platform trusted by more than 50,000 tech founders and solopreneurs globally, is strengthening its support for the next wave of AI companies choosing Singapore as their regional base.

Singapore’s appeal continues to grow as leading AI companies establish a stronger presence. OpenAI has committed S$300 million (US$234 million) to the country’s AI ecosystem, while Cognition has established its APAC headquarters there. Anthropic and Tencent are also increasing their presence in Singapore.

Budget 2026 reinforces this momentum with a National AI Impact Programme, a new Kampong AI hub at one-north, and a 400% tax deduction on qualifying AI investments. Foreign companies can access these incentives by incorporating a Private Limited Company, which allows 100% foreign ownership and startup tax rates as low as 10% under the Startup Tax Exemption.

As more AI-native startups choose Singapore to build lean, global businesses, Osome helps founders navigate the process. Operating across Singapore, Hong Kong, the UK, and the UAE, it enables founders to incorporate a company as fast as 7 days while managing back-office operations, including accounting, bookkeeping, and compliance.

Building on that support, Osome recently launched its Model Context Protocol (MCP) server, turning founders’ preferred AI assistants into a business command center. Through Claude, ChatGPT, and Gemini, founders can securely retrieve transactions, shareholder records, financial reports, and other company data from a single AI interface.

AI-native & tech founders are already building with Osome. UpNComer‘s founder, Karan Dasgupta, incorporated his Singapore company within days of switching to Osome, saving “easily 20 hours” every month. Dubai-based Aesty and Hong Kong’s Angelflow have reported similar gains, cutting bookkeeping from around a week of work to just two hours a month.

Eugenio Ferrante, CEO of Osome, said: “A few years ago, building a global company required a 500-person team and a massive regional office. Today, a three-person AI startup can operate globally from Singapore with a laptop. The biggest threat isn’t competition, but administrative drag. With our new MCP server, you can manage your company’s finance and compliance via your AI assistant, leaving you free to focus on building and serving customers.”

About Osome

Osome is an AI company-management platform combining human expertise with automation for incorporation, accounting and tax compliance. Since 2017, it has served 50,000+ startups in Singapore, Hong Kong, the UK and the UAE. Learn more at osome.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/osome-eyes-the-next-wave-of-ai-companies-choosing-singapore-302834753.html

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After Arrest Controversy, “Empire State Building Couple” Angela Nikolau and Ivan Beerkus to Address Recent Incident on Gosh Live

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The couple said on social media that they will soon go live on Gosh Live to talk about life after the Empire State Building incident and the questions they want to answer directly.

Safety note: Gosh does not encourage or endorse dangerous, illegal or unauthorised activities. The livestream is intended solely as an entertainment and community interaction session.

NEW YORK, July 27, 2026 /PRNewswire/ — Angela Nikolau and Ivan Beerkus, the creator couple known for rooftopping and high-altitude visual content, first gained attention through their daring shoots on skyscrapers, city landmarks and extreme urban locations around the world. Their content brings together adventure, striking visuals and their relationship story in the same frame. Their journey was later featured in the Netflix documentary Skywalkers: A Love Story, introducing them to an even wider audience.

Recently, Angela and Ivan became the focus of media and social media discussion following the Empire State Building incident in New York. According to public reports, the couple were taken into police custody after climbing the Empire State Building and allegedly completing a proposal, and now face related charges. Since then, fans have been following updates on their situation, the legal aftermath and whether the couple would respond publicly.

Following the controversy, Angela and Ivan have chosen to face fans directly through a livestream, where they are expected to talk about the Empire State Building incident, what they have been going through, and the questions they have wanted to address themselves.

According to the preview shared on their social media accounts, the livestream will take place on Gosh Live. Compared with a formal interview, the stream is expected to be a more relaxed online social and entertainment setting, where fans can watch, chat and hear directly from the couple.

During the livestream, Angela and Ivan are expected to discuss life after the Empire State Building incident. They may also talk about their relationship, future plans and whether they will continue creating rooftopping-related content.

The livestream is scheduled to begin on July 26, 2026, at 9:00 p.m. UTC and will be available on the official Gosh Live page.

For fans who have been following Angela and Ivan, the livestream could be a rare opportunity to hear the couple speak directly about their situation after the controversy.

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Think Bold, Ride Bold: Insta360 Takes Over the Champs-Élysées with 200-Rider Community Event

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LOS ANGELES, July 26, 2026 /PRNewswire/ — Insta360 announced “Vibrez en Jaune” Pop-Up, a three-day cycling and creator event held in Paris from July 24 to July 26, 2026. Designed to coincide with the electric atmosphere of the Tour de France finale, the event culminated in a 200-rider takeover of the Parisian streets, bringing the spirit of professional cycling to everyday enthusiasts and urban explorers.

Built around the theme ‘Think Bold, Ride Bold,’ “Vibrez en Jaune” Pop-Up featured immersive pop-up experiences, hands-on creator workshops, and a sprawling group ride traversing the iconic 90km classic route from Versailles to the Champs-Élysées. The festival served as a celebration of cycling not just as a competitive sport, but as a vehicle for exploration, storytelling, and community connection.

A Festival of Content and Culture

The event kicked off on July 24 with a two-day hub of activity in the heart of Paris. Moving away from traditional retail experiences, Insta360 hosted a series of “Cycle & Create” workshops designed to lower the barrier to content creation.

Attendees gained access to on-site trial devices, allowing them to test out Insta360’s unique product ecosystem firsthand. Insta360 product experts were on hand to teach advanced cycling photography and videography techniques, ensuring riders knew exactly how to capture dynamic, hands-free POV footage of their urban commutes and weekend group rides.

The pop-up also served as a central gathering space for the community. Registered riders connected over coffee, collected their limited-edition Insta360 yellow cycling jerseys, and prepared for the weekend’s main event.

The Hero Moment: Taking Over the Streets of Paris

On Sunday, July 26, over 200 riders embarked on the “Vibrez en Jaune” Pop-Up main event. Organized in partnership with the Peloton Cycling Club, the group rode a 90km route inspired by the Tour de France Paris finale.

Beginning in Versailles, the group rode through the Paris city center before arriving at the Champs-Élysées. To ensure safety and an optimal experience, riders were organized into small, supervised packs of 20 to 25 across four distinct difficulty tiers—Spicy, Medium-Plus, Medium, and Mild—making the professional route accessible to a wide range of skill levels.

Select riders were equipped with Insta360 cameras to record immersive, first-person footage of the group as they navigated the historic streets, creating a collaborative, community-driven documentary of the ride.

Celebrating the Finish Line

The ride concluded at the Insta360 pop-up space for a vibrant after-party. As the actual Tour de France final stage was broadcast live on a giant screen, participants were treated to a professional DJ, refreshments, and finger food.

To reward the community, Insta360 hosted a drawing featuring premium cycling accessory bundles and high-value grand prizes, including the Insta360 GO Ultra Tadej Pogačar Edition and an exclusive jersey signed by the cycling champion himself.

Redefining Urban Exploration

Beyond the celebration of the sport, “Vibrez en Jaune” Pop-Up highlights the brand’s ongoing commitment to sustainable urban lifestyles. By encouraging people to rediscover their cities by bike, Insta360 aims to promote cycling as an accessible, low-carbon choice that allows individuals to experience urban life in a more mindful, connected way.

About Insta360

With a “Think bold” mindset, Insta360 empowers people to capture and share their lives in extraordinary ways. Recognized as a market leader and innovator, Insta360’s vast lineup includes the world’s best-selling 360 cameras in the X Series, the thumb-sized GO Series for everyday capture, as well as an extensive range of action cameras, gimbals, webcams, and professional photography solutions. With intuitive, AI-powered software, Insta360 simplifies the creative process, allowing users to focus on storytelling without technical barriers. Insta360 is dedicated to helping a new generation of athletes, creatives, travelers and professionals bring their ideas to life.

For more details visit: http://www.insta360.com

About the Think Bold Fund: https://www.insta360.com/ThinkBoldFund
Read our blog: https://www.insta360.com/blog
Follow us on Facebook: https://www.facebook.com/Insta360
Follow us on X: https://x.com/insta360
Follow us on Instagram: http://www.instagram.com/insta360
Follow us on TikTok: http://tiktok.com/@insta360_official
Follow us on LinkedIn: https://www.linkedin.com/company/insta360
Subscribe to our YouTube Channel: http://www.youtube.com/insta360

Press Contact
Insta360
pr@insta360.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/think-bold-ride-bold-insta360-takes-over-the-champs-elysees-with-200-rider-community-event-302833050.html

SOURCE Insta360

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