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Cuttable Unveils Next-Generation AI Advertising Platform as U.S. Expansion Accelerates

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The platform’s evolution comes alongside an A$20 million Series A funding round led by Airtree Ventures, marking Cuttable’s next phase of growth as it moves beyond AI ad generation.

NEW YORK, Oct. 23, 2026 /PRNewswire/ — Cuttable, an AI-powered creative production platform for performance marketing teams, today unveiled the next evolution of its platform, designed to help brands move beyond generating ads to understand what works and make smarter decisions about what to create next. Just one year after entering the U.S. market, the Australian-founded company now generates 40% of its revenue from the region.

While AI has made producing ads faster and easier, knowing which creative to make next remains a challenge. Most tools focus on either generating ads or analyzing their performance, leaving marketers to connect the dots between what they intend to test, what actually worked and what to create next.

Cuttable brings those pieces together. Its evolved platform connects a brand’s creative assets, customer data and performance history with the marketer’s original intent, building on what the brand has already tried rather than starting from scratch with each new creative brief.

Cuttable’s software was built to remove creative as a bottleneck for performance marketing teams producing, testing and rebuilding ads at scale. The platform reads a brand’s website, social channels and guidelines to build an editable brand strategy and brand kit. From there, marketers can write a brief in plain language and receive finished, editable ads, built using existing brand and product assets or Cuttable’s AI content studio, Shoots, which creates and extends photo and video content.

Finished ads publish directly to Meta Ads Manager, and Cuttable’s Ad Insights reads the performance back from Meta, including thumbstop, click-through rate and return on ad spend, so that the next brief builds on what worked. It’s this continuous feedback loop, rather than creative generation alone, that differentiates Cuttable from tools that separately generate ads or report on performance. 

Cuttable’s Co-founder & CEO, Sam Kroonenburg, who previously founded and sold A Cloud Guru in 2021, said, “Creative is still made the way it was thirty years ago, one ad at a time. Making an ad has never been the hard part, it is knowing which one to make next. We are building the creative production system ecommerce performance marketers have been waiting for.”

Across 280,000 ads and more than $320 million in Meta spend run through its platform, Cuttable found that one ad in eleven returns ten times its spend or better, and that a small number of ads end up carrying an entire account. The company’s data also shows brands increase creative output 3.4 times going into November, underscoring the growing pressure to produce and test ads at scale.

In just two years since launching, Cuttable now works with more than 420 brands across the United States, Australia, New Zealand, Asia and Europe, including lululemon, Rodan & Fields and Brick. Brands on the platform average a 4.4 times return on ad spend and see a 37 percent lift in account-level return on ad spend after moving to Cuttable. To support its growing U.S. business, Cuttable is actively hiring and building out its San Francisco team.

Airtree, which first invested in Cuttable earlier this year, returned to lead the round. One of Australia’s largest technology investors, its portfolio includes Canva, Airwallex, Linktree and SafetyCulture.

Airtree Ventures partner James Cameron, whose firm also backed A Cloud Guru, said: “Since we backed Cuttable’s seed round, their growth has been much faster than our (already very high) expectations. The world of ad creative is being turned on its head by AI, and we’re excited to lead this round as Cuttable becomes the leading system that performance marketers reach for to make content work harder.”

With the U.S. already emerging as a major growth market, Cuttable plans to use its latest funding to accelerate its expansion and advance the next evolution of its platform. Cuttable’s focus from here is on closing the creative loop, helping marketers decide what to make next rather than only how to make it.

ABOUT CUTTABLE

Cuttable is a creative production platform for performance marketing teams, used by more than 420 brands across the United States, Australia, New Zealand, Asia and Europe. The company is headquartered in New York with offices in Melbourne and San Francisco.

To learn more, visit cuttable.com.

High-res Cuttable founder imagery is available HERE.

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SOURCE Cuttable

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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October 23, 2026

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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Amy Johnson Appointed President of GDIT

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October 23, 2026

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RESTON, Va., Oct. 23, 2026 /PRNewswire/ — General Dynamics (NYSE:GD) announced today that Amy Johnson has been appointed as president of GDIT, effective November 3.

Johnson is a 27-year veteran of General Dynamics Mission Systems, where she held increasingly senior roles in engineering, engineering management and business leadership across cybersecurity, defense electronics, space and intelligence systems, most recently as vice president and general manager for Space, Cyber and Intelligence. She earned bachelor’s and master’s degrees in computer science and computer systems engineering. 

“Amy has a proven track record of leading teams to solve complex and highly technical challenges for our customers,” said Phebe Novakovic, CEO of General Dynamics. “I am confident that her dynamic leadership, operational rigor and deep commitment to our values and culture will deliver value to our customers, employees and shareholders.”

GDIT delivers digital modernization, cloud computing, artificial intelligence, cybersecurity and software development solutions to the U.S. federal government, defense, intelligence agencies and other customers. It is a business unit of General Dynamics, a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at gd.com.

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Yazan Al Homsi Invests US$500,000 in Toronto Drone Maker Arcanus Aerial Systems

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October 23, 2026

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Private investment comes as Arcanus builds out Canadian manufacturing capacity for autonomous aerial systems

DUBAI, UAE, Oct. 23, 2026 /PRNewswire/ — Yazan Al Homsi, a UAE-based investor and managing partner of Catalyst Communications DMCC, has invested US$500,000 in Arcanus Aerial Systems Inc., a Toronto-headquartered developer and manufacturer of unmanned aerial systems for defence, public safety and critical infrastructure customers. Al Homsi is an investor only and holds no operational, advisory or board role with the company. Other terms were not disclosed.

Arcanus is a Canadian-controlled company. It currently lists more than 15 platforms across heavy-lift, intelligence, surveillance and reconnaissance (ISR), cargo, strike and counter-drone missions. According to the company, its published line-up includes:

AB 516e: a long-endurance vertical take-off fixed-wing aircraft rated for three hours of flight.AE 401: a counter-drone interceptor with a top speed of 300 km/h.AC 5250: a cargo platform with a 250 kg payload and a range of more than 2,300 km.

Alongside defence, Arcanus markets its systems for wildfire detection, search and rescue, Arctic sovereignty, border and maritime patrol, and pipeline and power line monitoring.

The company has spent 2026 assembling its domestic production base. In April, Arcanus signed a binding term sheet with Portugal-based Beyond Vision, granting it rights to manufacture, commercialize and support Beyond Vision’s unmanned aerial systems in Canada.

In June, Arcanus announced a five-year agreement appointing FeralX Systems Inc. as a non-exclusive Canadian contract manufacturer for several of its platforms.

“Canada has the engineering talent to build these systems at home, and recent years have shown how much depends on having that capacity domestically,” said Yazan Al Homsi. “What stood out to me about Arcanus was the manufacturing groundwork already in place: licensing, a production partner, and a range of aircraft that serves wildfire crews and search-and-rescue teams alongside defence customers.”

About Yazan Al Homsi

Yazan Al Homsi is a UAE-based investor and managing partner of Catalyst Communications DMCC, which he founded in Dubai in 2018. He was previously based in Vancouver, where he founded Founders Round Capital in 2017 and built a track record of investments in early-stage and small-cap companies. He earned a finance degree from McGill University in 2004 and holds the Chartered Financial Analyst designation. Before turning to investing, he spent more than a decade with PricewaterhouseCoopers in the Middle East, rising to director and focusing on transaction due diligence and valuation.

Media Contact
Catalyst Communications DMCC
catalyst-wire@protonmail.com

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