Technology

Synvo AI Raises US$1 Million to Give Enterprise AI a Memory

Published

5 months ago

June 18, 2026

NTU spinout secures seed investment from Fuel Ventures Asia; early deployment cuts a manufacturer’s quotation generation workflow time from 45 minutes to under 5 minutes

SINGAPORE, June 18, 2026 /PRNewswire/ — Enterprise AI has a memory problem. Every session starts blank—with no organisational context, no retained knowledge, and no accumulated understanding.

Synvo AI, a Singapore-based deep-tech company spun out of MMLab at Nanyang Technological University (NTU) with institutional support, is building the infrastructure to solve this challenge. Today, the company announced a US$1 million seed investment from Fuel Ventures Asia.

The funding will accelerate the commercialisation of Synvo AI’s Enterprise Memory Layer, expand its engineering capabilities, and support enterprise AI deployments across Asia. Synvo AI’s proprietary Enterprise Memory Layer powers AI systems and agents, enabling them to retain, retrieve, and reason across an organisation’s documents, emails, video, audio, and business data. Designed for on-premises and on-device deployment, the technology enables enterprises to keep sensitive information within their own controlled environments while maintaining data privacy, security, governance, and sovereignty.

The business impact of giving AI a memory is already being demonstrated. A Singapore-based manufacturer reduced its quotation generation workflow time from 45 minutes to under 5 minutes using Synvo AI’s technology. This single deployment reclaimed approximately 200 hours of sales capacity each month and generated an estimated SGD 120,000 in annual productivity savings.

Building on this momentum, the company is progressing multiple enterprise opportunities across Southeast Asia. Through its strategic partnership with Indonesia-based Sobat Bisnis Group (SBG), the technology arm of a billion-dollar family-owned business group, Synvo AI is expanding access to secure, privacy-first enterprise AI solutions in one of the region’s fastest-growing markets.

“Today’s AI can answer questions, generate content, and automate tasks, but it still lacks the organisational memory needed to learn, adapt, and build context the way experienced employees do. We are solving that problem. By giving AI an institutional memory, it accumulates value the longer a company uses it. Instead of treating every interaction as a new task, AI can build on organisational knowledge and provide more relevant, consistent, and useful outcomes over time. Our vision is to transform AI from a simple daily tool into a trusted enterprise asset that preserves and compounds organisational knowledge while maintaining full control over sensitive data.”
Saim Yeong Harng | Co-Founder & CEO, Synvo AI

Commercialising research originating from MMLab at NTU Singapore, Synvo AI combines expertise in artificial intelligence, computer vision, memory systems, and enterprise software. This research foundation includes HippoCamp and FileGram, two complementary efforts in contextual agent memory. HippoCamp benchmarks whether AI agents can search, perceive, and reason across realistic multimodal personal file systems, where evidence is scattered across documents, emails, images, videos, audio, calendars, and other files. FileGram extends this direction from stored content to behavioural memory by grounding agent personalisation in file-system traces, including how users read, create, edit, organise, and revise files over time. Building on these ideas, Synvo AI’s proprietary Lightweight Multimodal Memory (LiteMMem), the commercial architecture informed by FileGramOS, achieved the highest reported score on FileGramBench, a benchmark for evaluating memory-centric personalisation in file-system agents.

The founding team combines successful entrepreneurial experience, including a prior venture exit, with world-class AI research leadership and extensive experience commercialising advanced technologies. The company applies its proprietary technology to enterprise knowledge discovery, document intelligence, workflow automation, and AI-assisted decision support.

“As enterprises scale their use of AI, the conversation is rapidly shifting from basic capability to trust and context. Synvo AI has engineered a foundational solution to a major challenge in enterprise AI adoption— helping organisations securely capture, retain, and apply institutional knowledge, rather than simply automating isolated tasks. We believe a secure and deployable memory layer will become a foundational component of enterprise AI, and Synvo AI is well positioned to lead this category.”
Jingjing Xu | Partner, Fuel Ventures; Managing Director, Fuel Ventures Asia

About Synvo AI

Synvo AI is a Singapore-based deep-tech company developing a proprietary Enterprise Memory Layer that powers AI systems and agents. Spun out of MMLab at Nanyang Technological University (NTU), the company builds privacy-first AI infrastructure that enables organisations to retain, retrieve, and reason across institutional knowledge while maintaining control over data sovereignty, security, and governance.

Synvo AI is a member of the NVIDIA Inception Program and HP Garage 2.0.

For more information, visit www.synvo.ai.

About Fuel Ventures Asia

Fuel Ventures Asia (FVA) is a Singapore-based venture capital platform established in 2023 by Fuel Ventures (UK), focused on bridging European technological innovation with Asia’s industrial growth opportunities. The platform supports high-growth technology companies from Europe that have achieved market validation and are ready to scale across Asia. In recognition of its contribution to innovation and cross-border collaboration, FVA was awarded the “Most Influential British Company in Singapore” at the Singapore Annual Business Awards in October 2023. For more information, visit www.fuelventures.asia.

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SOURCE Synvo AI

Technology

Veterans Guardian Receives 2026 Gold HIRE Vets Medallion Award

Published

3 minutes ago

November 12, 2026

PINEHURST, N.C., Nov. 12, 2026 /PRNewswire/ — Veterans Guardian VA Claim Consulting is honored to announce that the U.S. Department of Labor has awarded us the 2026 Gold HIRE Vets Medallion Award. This distinction celebrates our demonstration of patriotism, and our recognition of the immense value veterans bring to the workplace. The HIRE Vets Medallion Award is the only federal award that honors organizations for their outstanding commitment to recruiting, employing, and supporting America’s veterans.

Veterans Guardian has proudly earned the HIRE Vets Medallion Award every year since 2019. The Gold HIRE Vets Medallion is awarded to companies that not only hire veterans but also actively support a workplace that honors their service, supports their career development, and appreciates the strength and leadership veterans offer. We remain committed to creating an inclusive, empowering environment where veterans’ patriotism, experience, and contributions are acknowledged and honored.

“Receiving the 2026 Gold HIRE Vets Medallion Award is a tremendous honor and a reflection of our firm commitment to those who have served our nation,” said Scott Greenblatt, LTC (RET), US Army, CEO and Founder of Veterans Guardian VA Claim Consulting. “Our veterans have dedicated themselves to protecting our freedoms, and we believe that dedication deserves to be met with meaningful opportunities, continued support, and a workplace where their service and sacrifices are truly valued. Since 2019, we’ve remained committed to empowering veterans as they transition into civilian careers, recognizing the extraordinary leadership, resilience, and experience they bring to our organization. Supporting veterans isn’t simply part of what we do—it’s the foundation of who we are and the mission that guides us forward every day.”

Veterans Guardian’s dedication to veterans goes beyond employment. Through its mission of helping veterans navigate the VA disability claims process and pursue the benefits they have earned, the company continues advocating for those who have served. This acknowledgment reflects Veterans Guardian’s commitment to creating meaningful career opportunities while fostering a workplace where veterans can thrive, contribute, and build successful futures beyond military service.

“Our veterans possess a unique strength, resilience, and skill set that greatly improves our workforce,” Greenblatt added. “Our mission and values drive our commitment to hiring and supporting veterans, and it’s gratifying to recognize the positive impact we’ve made on their lives, as well as the impact they continue to make within our organization.”

The HIRE Vets Medallion Award recognizes organizations nationwide that show outstanding commitment to veteran employment and professional development. Veterans Guardian VA Claim Consulting is deeply honored to be named a 2026 Gold Medallion recipient, reaffirming our ongoing pledge to honor, support, and encourage those who have bravely served our nation.

About Veterans Guardian VA Claim Consulting
Veterans Guardian VA Claim Consulting is a leader in assisting veterans with VA claims, providing expertise and dedicated support to help veterans secure the benefits they deserve. Founded by Scott Greenblatt, Veterans Guardian is deeply committed to supporting the veteran community through advocacy, employment, and outreach. Learn more about Veterans Guardian at vetsguardian.com.

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SOURCE Veterans Guardian

Technology

HitPaw Black Friday 2026: Save Up to 60% on AI Creative Tools

Published

3 minutes ago

November 12, 2026

NEW YORK, Nov 12, 2026 /PRNewswire/ — HitPaw, an AI-powered multimedia platform specializing in video, image, and audio enhancement, generation, and editing solutions, today announced its 2026 Black Friday Mega Deal. Running from November 10 to December 7, the campaign offers savings of up to 60% OFF on a wide range of AI-powered creative tools, giving creators, businesses, and everyday users an opportunity to upgrade their creative workflows at exceptional prices.

Explore HitPaw’s AI Creative Tools

HitPaw offers specialized AI solutions for multimedia enhancement, generation, and editing, covering a wide range of creative needs:

HitPaw VikPea (AI Video Enhancer): Upscale videos to 4K, restores damaged footage, and enhances clarity, details, and colors by reducing blur and noise.HitPaw FotorPea (AI Photo Enhancer & Generator): Enhance image quality, restore old photographs, sharpen portraits, remove unwanted objects, and create AI-generated artwork.HitPaw Edimakor (AI Video Generator & Editor): Combines AI video generation with video editing capabilities, helping users create and edit engaging videos more efficiently.HitPaw VoicePea (AI Voice Changer): Transform voices in real time with realistic AI voice effects for streaming, gaming, content creation, and online communication.HitPaw Univd (AI Video Converter & Compressor): Convert and compress videos without sacrificing quality for seamless sharing across devices and platforms.HitPaw Watermark Remover (AI Watermark & Object Remover): Remove unwanted watermarks, objects, and distractions from photos and videos with ease.

From restoring cherished memories and producing social media content to creating product visuals and promotional videos for e-commerce, HitPaw’s tools support a variety of creative needs.

Unlock Exclusive Black Friday Discounts

During the Black Friday Mega Deal, customers can enjoy special discounts across HitPaw’s product lineup:

60% OFF 5-in-1 Ultimate Bundle: Get VikPea, FotorPea, Edimakor, Univd, and Watermark Remover in one package. Ideal for creators seeking an all-in-one toolkit for AI creation, video and image enhancement, editing, and file management.50% OFF 2-in-1 Bundles: Choose from two combinations: VikPea + FotorPea or VikPea + Edimakor. The first pairs video and photo enhancement, while the second offers a one-stop workflow for AI video creation and enhancement.40% OFF Individual Products: Save 40% OFF on HitPaw VikPea and HitPaw FotorPea, ideal for users focused on improving video and image quality.30% OFF Individual Products: Get 30% OFF on HitPaw Edimakor, HitPaw VoicePea, HitPaw Univd, and HitPaw Watermark Remover, catering to video creators and users looking for flexible editing and media utilities.20% OFF HitPaw Online AI Credits: Save on AI credits for browser-based tools, including video enhancement, AI image generation, photo restoration and more. A convenient option for users who prefer online creative tools without installing software.

How to Get HitPaw Black Friday Deals

HitPaw’s 2026 Black Friday Mega Deal runs from November 10 through December 7, 2026. Customers can visit the official campaign page to explore participating products, compare available plans, and claim discounts of up to 60% OFF.

For more information checking, you may visit: HitPaw Black Friday 2026: Save Up to 60% OFF, Best Deals

ABOUT HITPAW

HitPaw is a leading AI-powered multimedia platform offering video, image, and audio generation, enhancement, and editing tools. It helps millions of creators worldwide easily produce high-quality content, from transforming media to creating new visual and audio works. Learn more at: [OFFICIAL] HitPaw – AI Video, Photo & Audio Enhancer Solutions

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This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

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SOURCE HitPaw. Co., Ltd

Technology

California Supreme Court to Decide Whether Insurers Can Hide Illegal Overcharges Behind Approved Rates, Says Consumer Watchdog

Published

3 minutes ago

November 12, 2026

Ruling Will Impact Millions of State Consumers

LOS ANGELES, Nov. 12, 2026 /PRNewswire/ — The California Supreme Court will decide whether consumers can sue insurance companies for overcharges that are illegal under Proposition 103, the insurance reform enacted by the voters 38 years ago.

The case before the court concerns a class action lawsuit brought by enlisted policyholders who are good drivers. They allege that USAA, a military insurer, charged them a higher price for auto insurance than it charged officers. Proposition 103 mandates a 20% Good Driver Discount for qualified drivers and state law requires an insurance company to offer good drivers the lowest rate available, regardless of military rank.

Proposition 103 authorizes consumers to challenge violations like that in court. However, some courts have ruled that those lawsuits cannot be brought if the insurance company can argue that the Insurance Commissioner approved the rates being charged.

About 200,000 enlisted USAA customers were overcharged. However, the Supreme Court’s decision will ultimately affect millions of Californians who buy insurance for their autos, homes and businesses.

Ninth Circuit Asks California Supreme Court to Address Pocketbook Issues

The case began in federal court in San Diego, the home of many people in military service. The United States District Court for the Southern District of California ruled that after the passage of Proposition 103, the California legislature passed a bill exempting companies that only insured military personnel from the application of Proposition 103’s protections for good drivers. The plaintiffs appealed to the Ninth Circuit, pointing out that under California’s Constitution the Legislature cannot undermine laws passed by the voters through a ballot initiative.

Before the 9th Circuit, USAA made a second argument, which had been rejected by the District Court: that other state insurance laws shield insurance companies from consumer lawsuits seeking refunds, notwithstanding Proposition 103. Plaintiffs noted that Proposition 103 specifically authorizes lawsuits under the state’s consumer protection laws.

Noting that California courts have adopted conflicting interpretations of Proposition 103, the Ninth Circuit of the United States Court of Appeal then asked California’s Supreme Court to decide these issues of state law.

Representing the enlisted military in the litigation are Consumer Watchdog, the California based non-profit that defends and enforces Proposition 103; Mehri & Skalet, a Washington, D.C.-based law firm specializing in class actions and complex litigation; Mason & Perry LLP, a class action and complex litigation firm also based in D.C., Matthew Seligman, of Grayhawk Law, [more], is leading the plaintiffs’ team before the Supreme Court.

The case is Coleman v. United Services Automobile Association, No. S298496. Review the complaint in the lawsuit. The Ninth Circuit’s certification to the California Supreme Court is available here. (Coleman v. United Services Automobile Ass’n, No. 25-793, slip op. at 3–15 (9th Cir. Sept. 10, 2026)).

Consumer Watchdog is a nonprofit, nonpartisan organization that advocates for taxpayer and consumer interests, with a particular focus on insurance, health care, privacy, energy, and corporate accountability. Consumer Watchdog represents consumers in proceedings enforcing Proposition 103’s protections.

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SOURCE Consumer Watchdog