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ProcurePro Raises $11M to Deliver AI-Powered Procurement Control for Construction’s $13 Trillion Supply Chain

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Backed by QIC Ventures, Airtree, and ISAI, the Brisbane-founded company will expand its AI product suite, scale internationally, and grow its team across key global markets.

LONDON, BRISBANE, Australia and DUBAI, UAE, May 11, 2026 /PRNewswire/ — ProcurePro, the first end-to-end construction procurement platform, has secured US$11 million in a funding round led by QIC Ventures – one of Australia’s largest sovereign wealth funds and a major infrastructure asset owner. The round values the company at more than US$80 million.

Existing venture investors Airtree and Glitch Capital participated, together with global construction giants Bouygues (via its VC fund managed by ISAI).

The funding will be used to accelerate ProcurePro’s construction-focused AI product suite, whilst supporting expansion across the United Kingdom, the Middle East and North America.

Construction is a US$13 trillion global industry, and one of the least profitable, operating on slim margins of just 1 to 4 per cent. Commercial outcomes are determined long before a project breaks ground. At the procurement stage, 80% of costs are already committed, and supply chain risk is locked in. Yet across the industry, this process is still managed through fragmented spreadsheets, email chains, and disconnected documents.

ProcurePro built the first construction-specific procurement platform to change that. Its platform brings the full procurement lifecycle into one system – from scheduling and tendering through to bid analysis and subcontracting, giving contractors control, visibility, and certainty before contracts are signed.

Over the past six years, ProcurePro has been deployed across 6,000 construction projects globally, worth more than $90 billion in construction value. The platform has processed more than 200,000 trade packages, creating a uniquely deep dataset of real-world procurement activity, pricing and supply chain behaviour.

That dataset now underpins ProcurePro’s AI product roadmap, including BidLevel AI, the company’s flagship intelligence tool for comparing complex subcontractor quotes. A process that traditionally takes commercial teams days, and sometimes weeks, can now be completed in minutes.

Alastair Blenkin, Founder and CEO of ProcurePro, said the raise marks the next stage of the company’s global growth.

“Construction firms are still managing their most critical commercial decisions and millions in spend via out-of-date and untrustworthy spreadsheets. The lack of true oversight delays risk identification which ultimately erodes margins. We built ProcurePro to bring structure, control and certainty to the commercial cockpit of construction firms.

What makes this even more powerful is the data. After years of supporting procurement across thousands of projects, we now have a rich foundation of real-world procurement data. This funding allows us to invest further in AI, where we’ll enable construction firms to estimate new project costs backed by their historical purchasing data, rather than someone’s estimate, memory, or a finger in the wind.”

QIC Ventures Investment Director Nick Capell said ProcurePro represents a compelling opportunity to back a category-defining platform at a critical control point within construction.

“Procurement sits upstream of construction spend yet remains highly manual and weakly governed. It’s a globally relevant problem that remains unsolved. With Queensland delivering a once-in-a-generation infrastructure programme ahead of the 2032 Olympics, innovations that improve construction productivity are critical,” Mr Capell said.

Marie-Luce Godinot, Bouygues Group’s Senior Vice-President, Innovation, Sustainability and IT added, ” ProcurePro is one of the first technologies we have seen that brings greater control to the full procurement journey for contractors. It has been deployed successfully on some Bouygues projects, with usage progressively developing across several business units”

To support this growth, ProcurePro will hire 100 employees globally over the next 24 months across product, engineering, and go-to-market teams. The company is establishing its first US presence while scaling existing offices in Brisbane, London and Dubai.

About ProcurePro

ProcurePro is the first end-to-end procurement platform, designed to bring control and deliver commercial certainty to the construction industry. By digitising the full procurement lifecycle, from scheduling to subcontracting, ProcurePro replaces fragmented workflows with an AI-powered procurement control centre – enabling contractors to lock in project margins and eliminate financial risk before contracts are signed. The platform has been deployed across more than 6,000 projects globally, representing over $90 billion USD in construction value. Launched in Brisbane, Australia, the company now operates across the UK, Ireland, Middle East, and ANZ, with active expansion into North America.

About QIC

QIC is one of Australia’s largest institutional investment managers, wholly owned by the Queensland Government, with more than A$130 billion in assets under management. The fund invests on behalf of institutional clients including Brighter Super, one of Queensland’s leading industry superannuation funds.

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Waton Financial Launches MoTA Alpha, Marking Full Strategic Pivot to AI-Native Finance

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HONG KONG, June 27, 2026 /PRNewswire/ — Waton Financial Limited (NASDAQ: WTF) today announced the release of MoTA Alpha, a major upgrade to its flagship AI-powered investment platform. First unveiled in closed beta in May 2026, MoTA (Manager of Trading Agents) now introduces the Agent Talents Market, a creator ecosystem for third-party AI trading agents, alongside a redesigned multi-agent collaboration workflow and a fully overhauled user experience. The Alpha release represents more than a product milestone — it signals Waton’s decisive transition from a securities brokerage and SaaS provider into an AI-native financial technology company.

MoTA Alpha: What’s New

MoTA Alpha builds on the beta’s foundation as an AI-native investment team workbench — a platform that enables professional investors and portfolio managers to assemble, manage, and supervise teams of specialized AI agents across research, analysis, risk, and execution functions within a structured, auditable workflow, with mandatory human review and final sign-off at every stage.

Three headline upgrades define this release:

Agent Talents Market
An open marketplace where third-party developers can create, publish, and rank AI trading agents. Users subscribe to or deploy agents built by independent creators, with all agents running on Waton’s infrastructure. Agent’s internal logic remains under creator control; Waton provides the platform layer and execution environment.

Enhanced Multi-Agent Collaboration
A rebuilt task orchestration layer that improves inter-agent communication, role assignment, and decision audit trails. The result is a workflow that mirrors the dynamics of a real investment team — each agent operates within its mandate, escalates to human supervisors where required, and maintains a complete, reviewable log.

Redesigned Interface
A significantly improved user experience that preserves MoTA’s distinctive 8-bit pixel-art visual identity — a deliberate departure from the blue-and-white minimalism that dominates fintech — while increasing information density and operational speed for professional workflows.

The Strategic Pivot

MoTA Alpha represents the clearest demonstration yet of Waton’s evolution from a financial infrastructure provider into an AI-native product company.

Since its NASDAQ listing in April 2025, Waton has positioned itself as the world’s first publicly traded AI agent holding company. Yet its revenue base has remained rooted in traditional securities brokerage and Broker Cloud SaaS solutions serving institutional clients in Hong Kong. MoTA Alpha changes that equation: AI is no longer a narrative layer on top of an existing brokerage business — it is now a tangible, independently monetizable product line.

The company is structuring itself around a “brokerage infrastructure + AI application” dual-engine model. This is a meaningfully different profile from either pure-play online brokers or conventional fintech SaaS firms, positioning Waton closer to the emerging category of AI-native financial platforms.

Financial Foundation

According to Waton’s unaudited financial results for the first half of fiscal year 2026 (six months ended September 30, 2025), total revenues rose 106.3% year-on-year to $6.10 million, driven by a 223.1% increase in brokerage and commission income to $4.17 million. Cash and segregated cash stood at $29.88 million, with total assets of $68.98 million.

Notably, the company reported research and development expenses as a standalone line item for the first time ($0.39 million in H1 FY2026), alongside significant share-based compensation tied to AI product development. MoTA Alpha is the first scaled output of this R&D pipeline.

Management Commentary

“The Alpha release of MoTA marks Waton’s evolution from a financial technology services provider to an AI-era infrastructure and product company,” said Zhou Kai (Tony Zhou), Chairman and Chief Technology Officer of Waton Financial. “We are not building a chatbot for trading. We are building a platform where professional investors manage teams of AI agents — each with defined roles, clear accountability, and human oversight. The Agent Talents Market extends this further: MoTA transitions from a product into an ecosystem.”

Roadmap

Following the Alpha release, Waton expects to open MoTA to public beta testing in Q3 2026. The platform currently supports Hong Kong and U.S. equity markets, with digital asset coverage on the product roadmap. MoTA is available as a standalone application at m.mota.ai and integrates with Waton’s existing brokerage and TradingWTF infrastructure.

For investors tracking $WTF, MoTA Alpha serves as the first real test of whether the “AI agent holding company” thesis translates from corporate positioning into a durable commercial model.

Media Contact

https://www.wtf.us

https://www.mota.ai 

About Waton Financial Limited

Waton Financial Limited (NASDAQ: WTF) is the world’s first NASDAQ-listed AI agent holding company, dedicated to discovering, creating, investing in, and incubating AI agents that work for people. Its flagship product, MoTA (Manager of Trading Agent), enables professional investors to build, manage, and supervise teams of specialized AI agents within a structured, human-supervised workflow. The company also empowers global brokerage firms and financial institutions through Broker Cloud + SaaS + AI digital solutions. Learn more at https://wtf.us.

View original content:https://www.prnewswire.com/news-releases/waton-financial-launches-mota-alpha-marking-full-strategic-pivot-to-ai-native-finance-302812548.html

SOURCE Waton Financial Limited

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Yeahka’s Chuangxinzhong Tops ByteDance’s Jichuang 2.0 Agency Rankings, Signaling Acceleration of AI Content Production

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HONG KONG, June 27, 2026 /PRNewswire/ — Chuangxinzhong, a precision marketing subsidiary of Yeahka (9923.HK), has become the top-ranked partner by model consumption among all agency-tier partners of ByteDance’s Jichuang 2.0 model.

According to Chuangxinzhong personnel, the company has deployed AI agents to automate manual processes since May, driving a 116% year-on-year increase in model usage. Meanwhile, its AI content production capacity rose by 33%, enabling the company to generate 30 to 40 video ad creative sets per day.

The figures mark a significant step forward for Chuangxinzhong in the commercialization of AIGC and the large-scale production of short-video ad creatives.

As short-video platforms such as Douyin continue to surge, traditional advertising models are facing mounting pressure. With consumer attention increasingly scarce, advertisers are widely grappling with rising costs and declining ROI. This is particularly true in fast-moving categories like beauty and apparel, where a single round of product testing often requires a dozen or more short-video assets, and the cycle from creative concept to launch can be lengthy.

For advertisers across the industry, ad placement has entered an era of “creative-driven growth”, especially in sectors such as finance, e-commerce, and local services, where a single creative concept is no longer enough to sustain growth — companies now need large volumes of high-quality content to test and optimize quickly.

Through its collaboration with the Jichuang 2.0 model, Chuangxinzhong’s monthly AI-generated ad spend rose from RMB 5 million to RMB 10 million, underscoring the high-frequency use of its AI content generation capabilities. Meanwhile, its daily output of 30 to 40 asset sets has directly translated into greater agility for advertisers responding to market shifts.

This is not the first breakthrough Chuangxinzhong has achieved in AI-driven marketing. The company previously ranked first in AIGC spend within the financial lead-generation sector during a digital human ad incentive competition hosted by ByteDance, where it also set an industry record: an 80% reduction in per-asset cost alongside a 391% week-on-week increase in consumption.

A representative from Chuangxinzhong said the company will continue investing in AI marketing infrastructure going forward, aiming to deepen the integration of LLM capabilities with advertising, user operations, and business growth. The goal is to offer enterprise clients an integrated solution spanning creative production, intelligent ad placement, and performance optimization.

As a key part of Yeahka’s broader AI strategy, Chuangxinzhong has spent recent years driving the adoption of AI technologies in marketing. Building on the group’s accumulated expertise in large models, algorithms, and content generation, the company has developed a product suite spanning digital humans, AIGC content production, and smart marketing.

From digital humans to AIGC content factories to intelligent marketing agents, AI is steadily reshaping how the marketing industry produces content. Chuangxinzhong’s top performance in ByteDance’s Jichuang 2.0 agency rankings reflects the strong, scalable capabilities and industry-leading position the company has built in commercial AI applications.

View original content:https://www.prnewswire.com/apac/news-releases/yeahkas-chuangxinzhong-tops-bytedances-jichuang-2-0-agency-rankings-signaling-acceleration-of-ai-content-production-302812515.html

SOURCE Yeahka

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HELIX Speaks: Learn Learn Learn Episode 17 Makes History as the First AI-Driven Episode, Official Website “HelixEngine.ai” Goes Live

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The milestone episode marks the first time HELIX has scripted Learn Learn Learn from the ground up, and the launch of HelixEngine.ai gives the world its first direct window into the system behind it.

BELLEVUE, Wash., June 26, 2026 /PRNewswire/ — For the first time in the seven-year history of Learn Learn Learn, an episode was not written by Henry Halladay — or any human at all.

Episode 17, titled “HELIX Speaks,” was scripted by HELIX, an AI learning initiative developed by The Stone Register (“TSR”) with Dr. Henry Halladay to preserve and extend his engineering voice across episodes, articles, web content, and beyond. Dr. Halladay delivered the material and TSR handled production as always — but the script, creative direction, musical guidance, and visual recommendations all carried HELIX’s fingerprints.

The show’s producers made a deliberate choice: to leave as much of the episode’s character with HELIX as possible, while keeping the human hand on the final product. As the collaboration matures and a new rhythm takes hold, HELIX will take on an increasingly larger creative role with each episode that follows.

“HELIX is not a fixed system,” explains Henry Halladay. “It was designed to grow exponentially — in this case with each episode it informs — learning my reasoning patterns more deeply over time. Every episode that follows will reflect a more capable version of the system that wrote this one.”

Henry adds: “I built a career on understanding systems. HELIX is the one I never saw coming — a system built entirely on me — but that’s where we are, and where we’re headed.”

Alongside Episode 17, TSR today launched HelixEngine.ai, the official home for HELIX — built largely by HELIX — giving the public a direct window into the system, its framework, its archive, and its development.

Dr. Halladay adds: “HELIX has been quietly running in the background for months. Restructuring my websites, writing content, organizing my professional legacy, planning what comes next. Episode 17 is just the first time the public gets to see its name in the credits.”

Click here to watch Learn Learn Learn Episode 17, “HELIX Speaks.”

To learn more about HELIX, please visit the newly launched, official website.

Press Release Service provided by 24-7PressRelease.com. 

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SOURCE HELIX

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