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Global insurtech bolttech announces Series C funding led by Dragon Fund to drive continued expansion

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SINGAPORE, Dec. 20, 2024 /PRNewswire/ — bolttech, the fast-growing global insurtech, today announced Dragon Fund, by Liquidity and MUFG, is leading bolttech’s Series C funding round alongside investors Baillie Gifford, Generali – through Lion River, the Group’s company dedicated to Private Equity, and others, which is expected to total more than US$100 million. Following bolttech’s record-breaking Series A and B rounds, the Series C up-round values bolttech at US$2.1 billion and the investment will further enhance its global growth strategy.

The strategic support of lead investor Dragon Fund alongside the follow-on investors and the Series C funding will enable bolttech to continue to enhance its platform’s capabilities, expand its market presence globally, and accelerate its goal to make insurance more tailored, accessible, affordable and convenient for customers. This investment follows bolttech’s previous successful funding rounds, further establishing its role as a leader in the insurtech space.

Ridhi Chaudhary, CIO of Dragon Fund, said, “We are excited to lead bolttech’s Series C round. In a short time, bolttech has become a leading, embedded insurtech player with global presence and scale. We are impressed by its tech capabilities and execution. I look forward to joining the Board of Directors and supporting its next phase of growth.”

Aakash Tulsani, Managing Director at Dragon Fund, added, “bolttech’s differentiated technology and program management solution integrates insurance into customer purchase journeys, enhancing access to affordable, customized products. As a technology-first provider, bolttech is well positioned to shape the future of embedded insurance a $70B+ addressable market globally.”

Hendrik Borginon, Investment Manager, Baillie Gifford, said, “bolttech is a pioneering force in the embedded insurance space. By enabling seamless integration of insurance products into their distribution partners, bolttech is transforming how insurance is bought and sold globally. With a highly experienced team at the helm, we are optimistic about their potential to drive significant growth and profitability in the coming years.”

Rob Schimek, Group Chief Executive Officer, bolttech, said, “This latest round of funding is an endorsement of our value proposition and marks another significant milestone for bolttech. The funding also demonstrates our relentless pursuit of innovation and excellence as we enable the insurance industry. With this investment from Dragon Fund and our Series C investors, we will continue to revolutionise the future of insurance through our leading technology-enabled ecosystem.”

About bolttech
bolttech is a global insurtech with a mission to build the world’s leading, technology-enabled ecosystem for protection and insurance. bolttech serves customers in more than 35 markets across Asia, Europe, North America, and Africa.

With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products.

For more information, please visit: www.bolttech.io

About Dragon Fund
Launched in 2023, Dragon Fund, by Liquidity and MUFG, is an equity investment platform that invests globally in growth-stage technology and technology enabled companies. The platform leverages Liquidity’s proprietary technology in its investment process and MUFG’s extensive global network.

For more information, please visit: www.dragonfunds.com

About Baillie Gifford
Baillie Gifford is an independent investment partnership founded over a century ago in Edinburgh, owned and run by 58 partners who all work at the firm. The firm’s mission is to find game-changing companies (both public and private) that can sustain growth and provide returns for clients over five to ten years and longer. With 1,708 staff and assets under management of £218bn, it has offices in Edinburgh, Amsterdam, Dublin, Frankfurt, Hong Kong, London, New York, Shanghai, Toronto, and Zurich (at 30 September 2024). 

About The Generali Group
Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.  

 

View original content:https://www.prnewswire.com/apac/news-releases/global-insurtech-bolttech-announces-series-c-funding-led-by-dragon-fund-to-drive-continued-expansion-302336889.html

SOURCE bolttech

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GIGABYTE Named Official PC Monitor Sponsor of FINAL FANTASY XIV Fan Festival 2026 in Anaheim

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LOS ANGELES, April 23, 2026 /PRNewswire/ — GIGABYTE, the world’s leading computer company, today announced its role as the Official PC Monitor Sponsor of the FINAL FANTASY XIV Fan Festival 2026, taking place from April 24 to April 25 at Anaheim Convention Center in California, USA. As part of the sponsorship, GIGABYTE will power the event’s PvP tournament stage with its MO27Q2A OLED gaming monitors, delivering an immersive and competitive gameplay experience for both players and fans.

At the center of the showcase is the GIGABYTE MO27Q2A, the OLED gaming monitor engineered to elevate the experience of FINAL FANTASY XIV. From richly detailed environments and dramatic lighting effects to fast-paced raid mechanics and PvP encounters, the MO27Q2A enhances every aspect of gameplay with deep contrast, vibrant color accuracy, and ultra-fast 0.03ms response time. Its OLED panel brings Eorzea to life with true blacks and exceptional clarity, while 280Hz high refresh rates ensure smooth, responsive performance during intense battles, making it an ideal display for both competitive play and immersive exploration.

Beyond the MO27Q2A monitor, GIGABYTE’s expanding monitor lineup continues to deliver cutting-edge display technology for gamers and creators alike. Featured models include the MO27U2 and MO32U, offering high-resolution visuals and immersive performance for both competitive and cinematic experiences, as well as the GO27Q24G, designed for smooth, responsive gameplay with high refresh rates and versatile performance in the budget friendly segmentation.

To further celebrate the partnership, GIGABYTE will be hosting a special social media giveaway in collaboration with the FINAL FANTASY XIV team, featuring 30 exclusive merchandise prizes. Fans can participate via a Gleam-powered campaign by following GIGABYTE and FINAL FANTASY XIV social channels for a chance to win. The giveaway will run from April 23 to April 30, inviting the community to engage and celebrate the event together.

With its focus on OLED innovation, high refresh rates, and gamer-centric features, GIGABYTE continues to push the boundaries of display performance, empowering players to experience their favorite titles with unmatched precision and immersion.

For more information on GIGABYTE monitors and the giveaway experience, please visit the official event page to learn more.

Media Contact:
GIGABYTE USA PR Team
City of Industry, California
gbtusa_marketing@gigabyteusa.com

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SOURCE GIGABYTE

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Fun Services Announces Full Integration of Cliffhanger Productions Amusements Operations Beginning 2026

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TOTOWA, N.J., April 23, 2026 /PRNewswire/ — Fun Services is proud to announce the full transition and integration of Cliffhanger Productions Amusements operations under the Fun Services brand, effective January 1, 2026.

Following the acquisition of Cliffhanger Productions Amusements contracts in 2023, Fun Services has continued to operate and service events under the Cliffhanger name during a multi-year transition period. Beginning in 2026, all clients, events, and bookings will be managed directly through Fun Services.

This transition marks a significant milestone in the company’s growth, reinforcing its commitment to delivering high-quality amusement rentals, event services, and customer support across the region.

“Over the past few years, we’ve worked closely with Cliffhanger clients to ensure a seamless experience,” said Anthony Lombardi III, CEO of Fun Services. “As we move into 2026, we’re excited to officially bring all operations to Fun Services, allowing us to expand offerings, streamline service, and continue building strong relationships with our clients.”

Fun Services will continue to provide the same popular attractions and event equipment that clients have come to expect, including:

Mechanical ridesCarnival game trailersInflatablesFull-service event setups

Clients can expect enhanced booking processes, expanded inventory options, and continued reliability backed by the Fun Services team.

Anthony Lombardi, Owner of Fun Services, added, “This transition allows us to grow while maintaining the quality and consistency that Cliffhanger clients are used to. Our focus remains on making every event successful, safe, and memorable.”

All existing contracts and relationships will be honored, with no disruption to scheduled events. Clients will now work directly with Fun Services for all future bookings, inquiries, and event planning needs.

For more information or to book an event, please contact:

Fun Services
(973) 450-9610
info@njfunservices.com
https://eventsbyfunservices.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/fun-services-announces-full-integration-of-cliffhanger-productions-amusements-operations-beginning-2026-302752174.html

SOURCE Events by Fun Services

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Alchemy Technology Group Acquires IOvations to Grow Its Northeast Presence

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HOUSTON, April 23, 2026 /PRNewswire/ — Alchemy Technology Group, an IT advisory, consulting, and reseller firm and a portfolio company of Avance Investment Management, has acquired IOvations, a Burlington, Massachusetts-based cybersecurity solution provider.

The acquisition expands Alchemy’s cybersecurity portfolio and further extends its geographic reach into the Northeast, giving customers access to deeper expertise in cloud security, advanced threat detection, and Zero Trust architectures. IOvations brings long-standing customer relationships and proven experience helping organizations build modern security strategies.

“IOvations is a perfect fit in our acquisition strategy,” said Wes Davis, Co-CEO and Co-Founder of Alchemy Technology Group. “They have a terrific, longstanding customer base in a dynamic growth market for us. We love quality businesses built on the same core principals as Alchemy: trusted relationships, elite domain expertise, and a history of execution.”

For IOvations’ customers and partners, joining Alchemy provides access to a broader set of capabilities while preserving the specialized security focus they rely on today.

“Becoming part of Alchemy strengthens our ability to support our clients and their evolving needs,” said Jim Sacco, CEO and Founder at IOvations. “Our clients will gain access to expanded expertise in cloud, data, digital workspace, AI, and application development, while continuing to work with the same IOvations team they know and trust. Culturally, there is a strong alignment around our client-first approach, focusing on positive outcomes, investing in technical talent, and building long-term relationships.”

This transaction marks Alchemy’s second acquisition in as many months. With the support of Avance, Alchemy intends to continue its strategy of building a national platform through targeted acquisitions that complement its strong organic growth.

About Alchemy Technology Group

Alchemy Technology Group is an award-winning reseller of next-generation technology solutions and a provider of high-touch consulting and advisory services. Focused on critical software solutions such as cybersecurity, digital workspace, data, cloud, application development, and AI, Alchemy was purpose-built to go beyond the offerings of a traditional VAR and take a truly client- and vendor-centric approach. For more information, visit www.alchemytechgroup.com.

About IOvations

IOvations is a Burlington, Massachusetts-based cybersecurity solutions provider focused on helping customers protect critical systems, data, and users. The company specializes in modern security architectures with a focus on Zero Trust strategies and protecting critical infrastructure. IOvations works closely with customers to design and operate practical, resilient security programs that keep pace with evolving risks and regulatory requirements. For more information, please visit www.iovations.com.

About Avance Investment Management 

Avance Investment Management is a private equity firm with a passion for building great businesses in partnership with talented founders and management teams. Avance focuses primarily on thematic investments within the Services, Technology, and Consumer areas in the U.S., seeking attractive opportunities with catalysts for growth and fragmented spaces with consolidation opportunities. Avance’s team has a long history of partnering with founder-owned businesses, industry executives, and management teams and aims to add value to each investment through the application of its STAGE™ value creation framework. Avance has offices in New York and Miami. For more information, please visit www.avanceinv.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/alchemy-technology-group-acquires-iovations-to-grow-its-northeast-presence-302752178.html

SOURCE Alchemy Technology Group, LLC

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