Technology

Mighty Capital Closes $91M Fund III, Tripling Its Size on the Strength of Six IPOs in Eight Years, Including Early Investments in Amplitude (NASDAQ: AMPL), and Groq

Published

4 days ago

April 22, 2026

Firm Expands Institutional LP Base as It Demonstrates the Efficacy of the Product Alpha Effect™

SAN FRANCISCO, April 22, 2026 /PRNewswire/ — Mighty Capital, a venture capital firm specializing in product-led investing, today announced the close of its $91 million Fund III. Backed by one of the world’s leading alternative asset managers, on behalf of its clients, alongside existing limited partners and new institutional investors, including a Northern California public pension plan, the fund was oversubscribed and three times the size of its predecessor, reflecting continued LP confidence in the firm’s model and performance.

Mighty Capital’s $91 million Fund III was oversubscribed and three times the size of its predecessor.

Mighty Capital has delivered liquidity to LPs each of the past five years, with one in three exits resulting in an IPO. Over eight years, it has produced six IPOs, invested in an outlier that exited at 60× its entry valuation, and delivered more than $1 billion in value to date. Its portfolio includes Amplitude (NASDAQ: AMPL), Netskope, and Groq, which announced a $20 billion partnership with NVIDIA. Fund III continues the firm’s focus on early-stage B2B technology investing, backing founders from OpenAI, Groq, and Palantir.

Founded in 2018 by SC Moatti, a product visionary and former Meta product leader, and Jennifer Vancini, a veteran technology investor, Mighty Capital was built around a simple belief: early product signals often correlate with breakout success, and product leaders have the upper hand in reading those signals. They’ve spent the last eight years turning that instinct and deep product expertise into a repeatable edge.

The Product Alpha Effect™ is the firm’s proprietary approach to analyzing product signals and turning them into investment edge, including the behaviors, patterns, and adoption curves that emerge long before revenue. In the AI era, where product cycles are compressing and the gap between early signal and widespread adoption is narrowing, this advantage has become invaluable.

To power this intelligence at scale, Mighty Capital draws on Products That Count, built by its Managing Partner and now the world’s largest non-profit community of product leaders, with more than 600,000 product builders and Chief Product Officers across the globe. This network gives the firm a unique lens into market shifts, product adoption patterns, and operator priorities, strengthening sourcing, diligence, and post-investment value creation.

“After two strong funds that have delivered outsized returns, LPs want to know whether the edge was structural or circumstantial. Whether we can explain why it worked, and whether it scales,” said SC Moatti, Founding Managing Partner. “Our model was designed to compound. The Product Alpha Effect™ has been tested across market cycles, validated by our track record, and backed by the institutional investors writing checks alongside us today.”

“As AI rapidly reshapes how enterprises build and buy software, our founding belief is continuously validated. The indicators VCs have long relied on, like revenue traction, customer growth, and retention curves, are lagging,” said Jennifer Vancini, Founding General Partner. “We are proud to partner with LPs who share our conviction that product investing is where the real edge is.”

Anthony Grillo, Former Senior Managing Director, The Blackstone Group (NYSE:BX) commented: “I’ve backed Mighty Capital since Fund I because I believe SC and Jennifer do what most promise and few deliver in their market: consistent, outsized liquidity events. In an environment crowded with narratives, they’re builders. I’m proud to be an LP across every fund.”

ABOUT MIGHTY CAPITAL
Mighty Capital is the VC firm that leverages the Product Alpha Effect™, a data-backed way to produce outliers by reading product signals from a 600,000-product-leader network. Founded in 2018 by SC Moatti, a product visionary and former Meta product leader, and Jennifer Vancini, an idea-to-IPO veteran of tech investing, we bring a differentiated edge to venture. Through Moatti’s 600,000-strong Products That Count network of product leaders, we see trends before others do, giving us a proprietary advantage in sourcing, diligence, and post-investment value creation. Our early-stage B2B tech portfolio speaks for itself, with category leaders like Amplitude (NASDAQ:AMPL), Netskope (NASDAQ:NTSK) and Groq. Founders consistently call us the most value-add investor on their cap table, and use our global product ecosystem as a marketplace to accelerate time to revenue, scale, and exit. Learn more at Mighty.Capital.

Disclaimer: Certain statements in this release, including portfolio and liquidity references, are based on Mighty Capital’s internal records and analysis as of February 14, 2026. Portfolio company examples are provided for illustrative purposes only and are not intended to represent all portfolio investments or outcomes. Past performance is not indicative of future results.

MEDIA CONTACT
Tess Pawlisch
608-333-9788
mighty.capital@needlepr.com

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SOURCE Mighty Capital

Technology

Luxor Expands LuxOS to MicroBT WhatsMiner, and MicroBT Intends for a Strategic Investment

Published

25 minutes ago

April 27, 2026

SEATTLE, April 26, 2026 /PRNewswire/ — Today, Luxor Technology Corporation (“Luxor”) announces the expansion of LuxOS firmware support to MicroBT WhatsMiner series miners, growing the LuxOS ecosystem. In addition, MicroBT, via its investment manager Inflection Technology Limited (“ITL”), has signed a term sheet to make a strategic investment into Luxor. Luxor has also committed to a US$100,000,000 purchase of MicroBT WhatsMiner hardware.

Luxor is working directly with a select group of mining partners to deploy and expand model support over time. With more than 300,000 Bitcoin mining machines already running LuxOS globally, Luxor brings to the WhatsMiner ecosystem the same enterprise-grade firmware infrastructure that large-scale mining operators rely on. MicroBT hardware represents a significant share of global Bitcoin mining capacity, and with this expansion, those operators now have access to flexible firmware features.

WhatsMiner fleets running LuxOS gain access to Power Targeting, Advanced Thermal Management, safe rapid curtailment, and faster ramp-up time — unlocking new capabilities beyond stock settings. Power Targeting delivers consistent, predictable performance across individual machines and makes infrastructure planning easier at scale. When shifting power targets, LuxOS completes the transition in 30-60 seconds while continuing to hash at higher hashrates — capturing additional hashrate. LuxOS also improves ramp-up time across curtailment events, reaching full capacity faster and reducing the unharvested hashrate lost every time machines cycle. Initial support spans select models in the M50 series. For the full list of supported models, visit docs.luxor.tech.

“We are excited to build on the MicroBT WhatsMiner platform. We are consistently impressed by their ability to execute with high-quality machines. Our clients have been asking for WhatsMiner firmware for years, and we have shipped a product that is going to help deliver significant profitability and usability benefits. We are also excited to welcome MicroBT as a strategic investor.”

— Lauren Lin, Head of Hardware and Software of Luxor

“Luxor has continued to be one of MicroBT’s trusted global partners. With their talented engineering team, we are excited they are building on top of the Whatsminer platform. We are happy to be taking a strategic position in Luxor and supporting their continued growth through this hardware partnership.”

— Dr.Yang, CEO and Co-Founder of MicroBT

Operators running LuxOS have access to Luxor’s full-stack mining experience: pool, hashrate derivatives, energy services, and Luxor Commander for fleet management — unified under a single platform. Commander includes Intelligent Miner, which keeps fleets running at peak profitability by continuously adjusting power settings based on real-time hashprice and energy prices.

Luxor is rolling out LuxOS for WhatsMiner in a phased approach, onboarding operations directly to ensure a high-quality deployment experience. Mining operations running WhatsMiner hardware can express interest in access at luxor.tech/contact.

About Luxor Technology Corporation

Luxor delivers hardware, software, and financial services that power the global compute and energy industry. Its product suite spans Bitcoin Mining Pools, ASIC Firmware, Hardware trading, Hashrate Derivatives, Energy services, a Miner Management software, Commander, and a bitcoin mining data platform, Hashrate Index.

If you are interested in contacting Luxor, please email sales@luxor.tech.

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SOURCE Luxor Technology

Technology

GLN Connects to Vietnam’s National QR Network, Enabling Nationwide QR Payments

Published

1 hour ago

April 26, 2026

Direct access to Vietnam’s nationwide QR payment networkEnabling payments via partners’ home-market banking and fintech apps without currency exchange

SEOUL, South Korea, April 26, 2026 /PRNewswire/ — GLN International has launched a nationwide QR payment service in Vietnam in partnership with NAPAS, marking its direct integration into the country’s national QR payment infrastructure.

The service was introduced at a launch ceremony on April 23 in Vietnam, attended by the State Bank of Vietnam (SBV), NAPAS, BIDV, and Hana Bank.

GLN leads the operation of the payment system connected to Vietnam’s national QR network and has driven its technical integration, as part of Hana Financial Group’s cross-border initiatives. Hana Bank participates as the only Korean financial institution designated as a settlement bank under SBV approval.

Vietnam’s payment infrastructure is built on the VietQR Global system operated by NAPAS, linking banks and merchants nationwide. Through this integration, GLN enables users of partner apps to access the network, expanding acceptance. The partnership is also expected to support inbound use cases, allowing Vietnamese users to make QR payments in Korea via their local apps.

The service is available across tourist destinations, including Da Nang, Phu Quoc, Nha Trang, and Ho Chi Minh City, across everyday merchants. Payments can be made through GLN-connected partner applications, including major Korean fintech apps such as Toss, PurpleGLN, Hana OneQ, Hana Money, and Hana Card, without currency exchange. The service is expected to expand to platforms, including Naver Pay and KB Banking App.

Seok Lee, CEO of GLN, said, “This launch marks a significant step in connecting Korea and Vietnam through a unified QR payment infrastructure. By integrating with Vietnam’s national QR network, we enable a simple payment experience for travelers using the apps they already use in their home market, without currency exchange. We will continue to lead overseas payments and cash withdrawals without physical cards.”

Meanwhile, GLN, a subsidiary of Hana Bank under Hana Financial Group, provides QR payment and QR withdrawal services across 14 countries in Asia, including Vietnam, China, Thailand, the Philippines, Laos, and Japan, with access to more than 200 million QR merchants globally. The company is a leading cross-border payment infrastructure provider in Asia, connecting users and merchants across markets. It has also established partnerships with overseas financial platforms, including Moreta Pay (North America), DeCard App (Singapore), and Taishin Bank (Taiwan).

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SOURCE GLN International

Technology

VARON Celebrates 5 Years Supporting Easier Breathing for Customers Worldwide

Published

1 hour ago

April 26, 2026

NEW YORK, April 24, 2026 /PRNewswire/ — VARON is celebrating a meaningful milestone, its 5th anniversary, and is taking this moment to thank customers around the world who have trusted its oxygen therapy solutions over the years. What started as a mission to make breathing support more accessible has grown into a global community of users relying on VARON’s advanced oxygen machines in their daily lives.

This anniversary is not just about the company’s growth, but about the people behind it—the individuals and families who have chosen VARON for comfort, independence, and peace of mind.

Five Years of Supporting Easier Breathing and Everyday Living

Over the past five years, VARON has focused on one simple idea: making oxygen therapy easier to use, easier to move with, and easier to trust. From home use to travel needs, the brand has continued improving its range of oxygen machines to support different lifestyles and health needs.

Today, VARON offers a full lineup that includes compact portable oxygen concentrator models and reliable at home oxygen concentrator systems designed for long-term use. Many users also prefer VARON’s lightweight oxygen concentrator options, which allow more freedom of movement without sacrificing performance.

“Our customers are at the center of everything we do,” VARON CEO shared in a message marking the anniversary. “We are deeply grateful for the trust placed in us over the past five years. Every device we create is built with real people and real daily needs in mind.”

Designed for Real Life: Home and On-the-Go Oxygen Support

VARON’s oxygen solutions are designed to fit into everyday routines—whether at home, during travel, or while staying active.

At home users continue to rely on models like the Serene 5 Home Oxygen Concentrator, which delivers steady medical-grade oxygen with quiet operation and simple controls. The Serene 3 offers a compact option for those who want efficient oxygen support in a smaller footprint.

For users needing flexibility, the VH-2 Pro Home Oxygen Concentrator provides adjustable flow settings and added features like nebulization support, making it a practical choice for daily home use.

On the portable side, VARON continues to expand independence for users who need oxygen on the move. The VP-8G Ultra Portable Oxygen Concentrator stands out for its ultra-lightweight design at just 4.37 lbs, making it easy to carry while traveling or running errands. The VP-6 Continuous Portable Oxygen Concentrator and VP-2 Portable Oxygen Concentrator offer additional options with adjustable flow settings and dependable oxygen delivery.

Each portable oxygen concentrator is designed with user comfort in mind—lightweight, easy to operate, and built for mobility without stress.

A Simple Way to Say Thank You: Anniversary Discounts and Free Gifts

To celebrate its 5th year, VARON is launching a limited-time global appreciation event with special savings across its entire product range.

Customers can enjoy featured anniversary offers:

18% OFF sitewide across all oxygen machinesFree VARON gifts, including a $30 store gift card and extra nasal cannulas with every machine purchaseUp to 40% OFF selected featured productsAutomatic discounts applied at checkout—no codes needed

Customers can also save more with bundle options such as the VP-8G Super Bundle and extra battery packages for VP-6 and VP-2 models.

“These anniversary offers are our way of saying thank you,” VARON CEO shared. “We want to make it easier for more people to access reliable oxygen support at home and on the go.”

Looking Ahead with Customers at the Center

As VARON moves into its sixth year, the company remains focused on improving its oxygen therapy technology and expanding accessibility worldwide. Future development will continue to focus on making portable oxygen concentrator devices lighter, more efficient, and easier to use in everyday life.

The goal remains simple: to help more people breathe easier and live with greater confidence and independence.

About VARON

VARON is a trusted provider of oxygen therapy solutions, offering a wide range of at home oxygen concentrator systems, portable oxygen concentrator devices, and advanced oxygen machines designed for home, travel, and personal use. The company is committed to creating lightweight oxygen concentrator technology that supports comfort, mobility, and better quality of life.

For more information on VARON’s 5th anniversary offers and full product lineup, customers are encouraged to visit the official VARON website.

Media Contact:
VARON Oxygen Concentrator
Email: support@varoninc.com
Website: https://varoninc.com/

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SOURCE Varon oxygen concentrator