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Locus Cell, Taiwan-Based Cell and Gene Therapy CDMO, Signs MoU with Charles River at APAC Biomanufacturing Leadership Summit

SINGAPORE, March 12, 2026 /PRNewswire/ — Locus Cell Co., Ltd. (“Locus Cell”), a Taiwan-based cell and gene therapy (CGT) Contract Development and Manufacturing Organization (CDMO), and Charles River Laboratories (“Charles River”), a global contract research organization (CRO) providing drug development support and biologics testing solutions, have signed a Memorandum of Understanding (MoU) during the APAC Biomanufacturing Leadership Summit 2026 in Singapore.

Sean Chang (left), CEO of Locus Cell, and Nadiya Kravchuk (right), Senior Director of APAC Biologics Manufacturing at Charles River Laboratories, at the Memorandum of Understanding (MoU) signing during the APAC Biomanufacturing Leadership Summit 2026 in Singapore. Photo courtesy of Charles River Laboratories.
Sean Chang (left), CEO of Locus Cell, and Nadiya Kravchuk (right), Senior Director of APAC Biologics Manufacturing at Charles River Laboratories, at the Memorandum of Understanding (MoU) signing during the APAC Biomanufacturing Leadership Summit 2026 in Singapore. Photo courtesy of Charles River Laboratories.

The Summit, positioned as the flagship APAC biomanufacturing forum, convened regional executives, investors, regulatory experts, and scientists under the theme “Shaping the Region’s Bioproduction Landscape – From Scale-Up Innovation to Quality Compliance.” Discussions centered on strengthening regional manufacturing capabilities, accelerating innovation, and ensuring alignment with global quality and regulatory standards.

Over its decades-long history, Charles River’s global services have supported the research or development efforts behind a significant number of FDA-approved therapeutics in recent years, underscoring its central role in advancing biomedical innovation worldwide.

The MoU establishes a framework for the Parties to explore potential collaboration in CMC support, analytical testing, technical development, and related services for advanced therapy developers in Taiwan and across the Asia-Pacific region.

As a CDMO dedicated specifically to cell and gene therapy manufacturing, Locus Cell is building a digital-native smart cell factory in Taiwan to support the rapidly growing CGT sector in Asia. By combining Locus Cell’s advanced therapy manufacturing capabilities— including CAR-T, iPSC, and immune cell platforms — with Charles River’s global expertise in biologics testing and analytical development, the Parties intend to evaluate opportunities for technical alignment, service integration, and mutual customer referral mechanisms, subject to further discussion and definitive agreements.

“This MoU reflects our shared commitment to strengthening collaboration in advanced therapies,” said Sean Chang, CEO of Locus Cell. “Locus Cell is a CDMO dedicated specifically to cell and gene therapy. We are building a digital-native smart cell factory from the ground up in Zhubei, Taiwan, designed to integrate AIoT systems, digital manufacturing, and future automation under PIC/S GMP standards. By combining Charles River’s global expertise in testing and analytical development with Locus Cell’s dedicated CGT manufacturing platform in Asia, we see a strong strategic fit to support advanced therapy developers across the region. Taiwan is also establishing a supportive regulatory framework for regenerative medicine, and we welcome international partners to collaborate with us.

Sky Labs Launches their support of the American Heart Association’s ‘Established Investigator Award for Clinical Hypertension’

SEOUL, South Korea, March 12, 2026 /PRNewswire/ — Sky Labs announced on 12th that it is supporting the Established Investigator Award for Clinical Hypertension’ developed by the American Heart Association (the Association).

This support follows a Memorandum of Understanding (MoU) signed with the Association last September. It is expected to significantly support the advancement of hypertension research globally.

Sky Labs will provide support for the Established Investigator Award for Clinical Hypertension which will provide funding to a total of three outstanding researchers who have achieved exceptional research accomplishments in the field of hypertension from 2026 to 2028.

During this period, Sky Labs will provide approximately $90,000 in total funding to the Association. This amount includes the annual honorariums for the selected investigators as well as all program-related costs required to support the operation of the awards.

Eligibility requires membership of the Association’s Scientific Council on Hypertension.

Jack Byunghwan Lee, CEO of Sky Labs, stated, “We are deeply honored to look forward to and contribute to world-class hypertension research outcomes through our support for the American Heart Association. We will intensify clinical research to validate the effectiveness of blood pressure management solutions while also dedicating efforts to research and development to support these initiatives.”

Sky Labs is an AI healthcare company providing innovative chronic disease management solutions through ‘CART,’ the world’s first medical-grade ring-type wearable blood pressure monitor.

About Sky Labs https://skylabs.io/en/

Founded in September 2015, Sky Labs is a healthcare company that develops and operates “CART”, a ring-type medical device and platform for monitoring chronic disease patients. Since the first CART was developed in 2020 for atrial fibrillation monitoring using cardiac signals from optical sensors, the company has expanded its capabilities. In 2023, Sky Labs received medical device approval for “CART BP pro,” a ring-type monitor designed for 24-hour blood pressure measurement. In 2024, CART BP pro was recognized by the Health Insurance Review and Assessment Service (HIRA) under the existing medical procedure of ’24-hour ambulatory blood pressure monitoring’ (reimbursement code ‘E6547’), and is currently being prescribed in hospitals and clinics across Korea. Furthermore, in September 2025, the company launched “CART BP,” a consumer-grade ring-type blood pressure monitor, which is available through its official online store and various other online channels.

Media Inquiries

Inok Jung inok.jung@skylabs.io
Bomi Lee bomi.lee@skylabs.io

 

TabTrade Launches With 0.0 Pips Average Spreads, Targeting Lowest Spread Forex Broker Positioning

CASTRIES, Saint Lucia, March 12, 2026 /PRNewswire/ — TabTrade (tabtrade.com), a new global forex and CFD broker operated by TabTrade Ltd (company number 2025-00919), has officially launched under the leadership of Founder & CEO Benjamin Boulter (benjaminboulter.com). Guided by the mission “Markets made simple,” the platform launches with an emphasis on speed, pricing clarity, and positioning as a lowest spread forex broker for major currency pairs.

TabTrade is introducing 0.0 pips average spreads on major forex pairs, including EUR/USD, GBP/USD, and USD/JPY. The pricing model is structured to compete among the lowest spread forex broker offerings on core pairs, delivering transparent, commission-based pricing for active traders and professional clients.

Execution speed is a core feature of the launch. The broker targets average execution below 30 milliseconds for Edge accounts and below 20 milliseconds for VIP accounts on MetaTrader 5, supporting active and high-frequency trading environments.

Clients connect to institutional-grade liquidity through FIX API access and Equinix data centre connectivity, including LD4 and LD5 infrastructure. The technology framework is built to support stable pricing, fast order routing, and reduced slippage during periods of market volatility.

TabTrade Ltd operates under the Saint Lucia regulatory framework which is overseen by the Financial Services Regulatory Authority (FSRA) and holds client funds in segregated accounts, maintaining separation between client and company capital.

Benjamin Boulter, Founder & CEO of TabTrade, said the launch reflects growing demand for lower spreads and faster execution in the global forex market.

“Traders expect speed, reliability, and simplicity. Our aim is to remove friction and deliver a platform built around those expectations from the start,” said Mr Boulter.

The broker offers global access to FX and CFD markets through MetaTrader 5, supported by account tiers designed for both retail and professional traders.

About TabTrade

TabTrade is a global forex and CFD broker founded by Benjamin Boulter. Operated by TabTrade Ltd (company number 2025-00919), the broker offers 0.0 pips average spreads on major forex pairs and positions itself among the lowest spread forex broker providers for active traders, alongside ultra-fast execution targets under 30ms and 20ms on Edge and VIP accounts, and institutional-grade infrastructure through FIX API and Equinix connectivity.

Roborock Becomes the World’s No. 1 Smart Cleaning Robot Brand, According to IDC

HO CHI MINH CITY, Vietnam, March 12, 2026 /PRNewswire/ — Roborock today announced that it has become the world’s No. 1 smart cleaning robot brand in 2025, according to the IDC Worldwide Quarterly Smart Vacuum Robotics Tracker, 2025 (1). This recognition reflects Roborock’s technology leadership and accelerated global expansion in an industry that is currently entering a new stage of development defined by an expanding product portfolio. According to IDC, even when considering companies selling Robotic Vacuum Cleaners, Robotic Lawn Mowers, and other types of household clinic robots, Roborock has been found to be the #1 brand in terms of shipments (5.8m in 2025) and market share (17.7%). In terms of, specifically, Robot Vacuum Cleaners (RVC), Roborock has continuously ranked #1 in IDC’s ranking since 2023 H2, and repeats its success in 2025 H2 with an all-time-high 27.0% market share, becoming once again the number 1 RVC brand for third consecutive year.

Roborock Global No.1
Roborock Global No.1

Roborock is #1 Globally—and #1 in Major National Markets across America, Europe, and Asia

IDC’s analysis highlights the accelerating shift in global competitive dynamics, driven by rapid product iteration, AI development, and the growing influence of Chinese brands expanding overseas. Against this challenging backdrop, Roborock claimed for the first time the #1 global shipments and market share position not only in the Robotic Vacuum category, as it had done since 2023, but also, for the first time, as the number one vendor amongst all competitors that sell wider product categories that include robot vacuum, robotic lawn mowers, and other household cleaning products.

Narrowing down its analysis to, specifically, the Robot Vacuum Cleaner (RVC) product segment, Roborock dominated IDC’s tracking as the #1 vendor quarter after quarter, achieving its highest 27.0% market share in the second half of 2025. IDC further notes that Roborock ranked Number 1 in key national markets including the United States (Americas), Germany (Europe), and South Korea (Asia Pacific)—underscoring the strength of Roborock’s global brand and its product competitiveness across continents, diverse user needs, home types, and cleaning habits. According to IDC, Roborock’s success is supported by technological advantages, overseas expansion, and an expanded product portfolio.

Roborock’s milestone comes amid strong market momentum in the entire global household cleaning robotics industry. IDC’s latest tracking report indicates that global household cleaning robot shipments reached 32.72 million units in 2025, representing 20.1% year-over-year growth. Within that total, the Robot Vacuum Cleaner (RVC) segment shipped cumulatively in 2025 17.1% more units year-over-year, reinforcing the category’s role as the foundation of the broader household cleaning robotics market and indicating a strong momentum for its growth.

AI Capability and Cleaning Performance as Roborock’s Long-Term Differentiator

Looking ahead, IDC’s research emphasizes that the next phase of competition will be determined by sustained AI capability—including multi-sensor fusion, decision-making, scene understanding, and continual improvement in obstacle avoidance, path planning, stain recognition, self-recovery, and interaction. IDC also stresses that while “intelligence” is a key value driver, cleaning performance remains the product foundation most valued by consumers.

Roborock is widely recognized to have the most advanced cleaning algorithm in the industry. Which, powered with top-notch robotic cleaning modules, encompasses not just mopping and sweeping, but also tasks in the vertical axis thanks to the Roborock Saros Z70’s OmniGrip robotic arm.

The Saros Z70 is currently the only model on sale in the entire industry with an algorithm capable of recognizing, moving, and storing small objects according to the user’s pre-set locations. Unvelling its latest work-in-progress Roborock Saros Rover at the Consumer Electronic Show (CES) 2026 earlier this year in Las Vegas, Roborock demonstrated a continuous trend in the investment of new AI algorythms that can enable its robot to clean stairs, move cross slopes of various degrees, and transition into new spaces not covered by any other Robotic Vacuum Cleaner.

At CES 2026, Roborock also redefined the premium home cleaning technology landscape with the global debut of the Saros 20 and Saros 20 Sonic, marking a significant improvement in ultra-slim, high-performance engineering, ensuring a truly autonomous clean that transitions seamlessly between rooms and floor surfaces, from delicate hardwood to heavy-duty carpeting.

Roborock’s global leadership in smart home robot cleaning comes as the company continues to broaden its product and technology roadmap. In September 2025, Roborock entered the robot lawnmower category in Europe. In January 2026, announced it for the United States. Together with the Saros Rover, they reflect the company’s wider ambition to bring robotics beyond a single room or task and into more areas of everyday life.

Source :  Global Home Cleaning Robot Market 2025: Chinese Brands Dominate as Lawn, Window, and Pool Robots Surge

(1) Sources:
IDC Worldwide Quarterly Smart Vacuum Robotics Tracker, 2025Q4
IDC Worldwide Quarterly Pool Cleaning Robotics Tracker, 2025Q4
IDC Worldwide Quarterly Lawn Mower Robotics Tracker, 2025Q4
IDC Worldwide Quarterly Smart Vacuum Robotics Tracker, 2025Q4

About Roborock

Roborock is a leading smart cleaning brand renowned for its intelligent cleaning solutions. Having become the #1 best-selling robotic vacuum cleaner according to IDC* since 2023 and the #1 Smart Cleaning Robot Brand in 2025 amongst vendors selling robot vacuum, robotic lawn mowers, pool cleaners, and window cleaners,  , Roborock enriches lives with its innovative line of robotic, cordless, wet/dry vacuum cleaners, robotic lawn mowers and washer-dryers. Rooted in a user-centric approach, our R&D-driven solutions cater to diverse cleaning needs across more than 170 countries and regions. Headquartered in Beijing and with strategic subsidiaries in key markets, including the United States, Japan, the Netherlands, Poland, Germany, and South Korea, Roborock is dedicated to elevating its market presence worldwide. As of 2026, Roborock serves more than 22 million households. For more information, visit https://global.roborock.com/.

Mitrade Secures Five Awards as ASX 200 Retreats From Record Highs Amid RBA Tightening

MELBOURNE, Australia, March 12, 2026 /PRNewswire/ — CFD Broker Mitrade has been recognised with five international industry awards across broker education, regulatory standards and multi-asset trading, as Australian financial markets navigate heightened volatility driven by Reserve Bank of Australia (RBA) policy expectations and escalating geopolitical tensions in the Middle East.

The ASX 200’s recent retreat from record highs amid geopolitical tensions and energy market disruption highlights a period of significant volatility, according to recent Reuters and Bloomberg market coverage. With the RBA poised for further tightening amid persistent inflation, traders face a complex environment. Such conditions underscore the necessity for disciplined risk management and a clear strategy — responsible trading becomes paramount when navigating uncertainty across the Australian dollar and equity indices.

As the Australian Securities and Investments Commission (ASIC) emphasises financial literacy and product safeguards, Elven Jong, CEO of Mitrade Australia, said the current environment reinforces the importance of responsible participation.

“The Australian retail trading landscape has evolved significantly under ASIC’s product intervention measures. Leverage caps, disclosure standards and risk controls have reshaped how traders approach the market. In a tightening cycle, when volatility increases across indices and the Australian dollar, platforms have a responsibility to ensure traders understand not just opportunity, but exposure.”

Mitrade’s 2026 awards include:

  • Best Multi-Asset Trading from FX Daily Info
  • Best Broker Education Global from the International Business Magazine Awards
  • Regulated Broker of the Year Global from the International Business Magazine Awards
  • Best Broker MENA from the World Business Outlook Annual Awards
  • Best CFD Broker Global from Global Business and Finance Magazine

The recognition reflects Mitrade’s focus on education and regulatory standards at a time when heightened volatility underscores the need for disciplined risk management.

About Mitrade

Mitrade is an award-winning CFD trading platform founded in Melbourne, trusted by 6M+ traders worldwide. It operates under top-tier financial regulators—Australia’s ASIC (AFSL398528), Cyprus’ CySEC (CIF438/23), the Cayman Islands’ CIMA (SIB1612446), South Africa’s FSCA (54842), and Mauritius’s FSC (GB20025791)—delivering a secure, seamless, and intuitive trading experience.

The platform provides 900+ CFDs on indices, forex, commodities, ETFs, and shares. Mitrade redefines trading with microsecond execution, razor-thin spreads, robust risk management, and multi-device compatibility.

Trading involves risk. This article is for informational purposes only and does not constitute financial advice, an offer, or a solicitation.

Visit https://www.mitrade.com for more information.

Pew Awards Fellowships to Seven Scientists Advancing Marine Conservation

Leading researchers join esteemed global community of fellows

PHILADELPHIA, March 12, 2026 /PRNewswire/ — The global ocean faces major threats—from illegal fishing to vanishing coastal habitats to plastic pollution. Now, a new cohort of scientists will work to bridge the knowledge gaps hindering effective ocean protections.

The Pew Charitable Trusts announced today that seven fellows—based in Australia, the United States, Canada, Japan, and Thailand—will receive $150,000 grants over three years to pursue conservation-focused research aimed at strengthening ocean health and the communities that depend on it. Their work includes tracing illegal and unreported fisheries with advanced genetic techniques, improving reef restoration in Southeast Asia, mapping climate resilient kelp forests, testing local-based incentives for marine conservation, rethinking fisheries governance in East Asia, analyzing the impacts of harmful algal blooms, and developing open-source technology to classify nanoplastic pollution.

This year’s fellows’ cohort also includes the first recipient of the Pew-Gerstner Fellowship in Ocean Plastics Research, which supports research on solutions to marine plastic pollution; and the second recipient of the Pew-Hoover Fellowship in Marine and Biomedical Science, which fosters innovative research at the intersection of the two fields.

“These fellows are tackling some of the ocean’s toughest challenges with creativity and immense dedication,” said Leo Curran, project director for the Pew Fellows Program in Marine Conservation. “Their work shows what’s possible when science, technology, and communities come together to protect our seas.”

The 2026 fellows join a distinguished community of more than 200 Pew marine fellow alumni dedicated to advancing ocean science and promoting the sustainable use of marine resources. The Pew Fellows Program in Marine Conservation supports midcareer scientists and other experts selected by an international panel of leaders in marine science and conservation. Alumni form an active community that promotes collaboration and knowledge sharing worldwide.

“Seeing these scientists turn their ideas into action is what excites me most,” said Angela Bednarek, Pew’s director of scientific advancement. “They’re exploring new approaches, testing innovative tools, and working closely with communities and policymakers, bringing research to life in ways that could shape how we care for the oceans.”

The 2026 fellows are:

Suchana Apple Chavanich, Ph.D.
Chulalongkorn University, Thailand
Suchana Apple Chavanich will develop and apply innovative methods to advance reef restoration in Southeast Asia, a region with some of the world’s richest coral diversity. Working in Thailand, Chavanich will refine techniques for producing new corals through sexual propagation and banking frozen coral sperm and eggs—critical methods for preserving the genetic health of restored populations.

Andrés Cisneros-Montemayor, Ph.D.
Simon Fraser University, Canada
Andrés Cisneros-Montemayor will develop a replicable framework to identify the social connections that shape markets in the ocean economy, facilitating the design and implementation of local-scale incentives for conservation. Working with three fishing communities in Sonora, Mexico, Cisneros-Montemayor will apply this framework, conducting field interviews and community engagement workshops to map and understand the layered interactions that influence economic decision-making.

Win Cowger, Ph.D.
Pew-Gerstner Fellow in Ocean Plastics Research
Win Cowger will enhance the capabilities of Open Specy, an open-source tool he developed to help researchers worldwide classify and analyze different types of plastic pollution. He will build a robust reference library and develop new algorithms to improve the identification of nanoplastics, small microplastics, and plastic leachates in the marine environment.

Nur Arafeh-Dalmau, Ph.D.
University of Queensland, Australia
Nur Arafeh-Dalmau will collaborate with partners in California, Mexico, Peru, and Argentina to identify and map resilient kelp forest ecosystems. Using satellite imagery, ecological surveys, and environmental DNA, Arafeh-Dalmau will analyze biodiversity patterns in persistent kelp forests and test their resilience to marine heat waves.

Matthew Gribble, Ph.D.
Pew-Hoover Fellow in Marine and Biomedical Science
University of California, San Francisco, United States
Matthew Gribble will apply an advanced statistical technique called a hidden Markov model to better understand the dynamics of toxin-producing algal blooms. His work will focus on southeast Alaska, where Alaska Native communities have been repeatedly affected by harmful algal blooms, and Andalucia, Spain. Gribble will determine how often areas have been exposed to algal blooms in the past, supporting insights into the health effects of harmful algal toxin exposure.

Shaili Johri, Ph.D.
Stanford University, United States
Shaili Johri will use advanced genetic tools to strengthen seafood traceability and combat illegal fishing. By analyzing fine-scale differences in individual animals’ DNA, her research will help pinpoint the geographic origins of traded species. Focusing on reef sharks, Johri will develop low-cost, rapid, and accurate genetic and visual identification methods to identify shark fishing hot spots across the Western Indian Ocean and detect instances of illegal fishing.

Namhee Kwon, Ph.D.
Kansai University, Japan
Namhee Kwon will analyze the effectiveness and limitations of existing agreements in managing shared fish stocks, with the goal of identifying institutional and legal reforms that are both politically viable and ecologically sustainable. Focusing on agreements among South Korea, Japan, and China, Kwon will examine the legal architecture of each agreement, obligations under the United Nations Convention on the Law of the Sea, and implementation of these agreements within each country’s domestic system.

Elham Khatami, 202-540-6711, ekhatami@pewtrusts.org

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KPS CAPITAL PARTNERS TO ACQUIRE A CONTROLLING INTEREST IN JENNMAR

Global Leader in Safety-Critical Ground Support Products

NEW YORK, March 12, 2026 /PRNewswire/ — KPS Capital Partners, LP (“KPS”) announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire a controlling interest in Jennmar and its affiliates (“Jennmar” or the “Company”).  Financial terms of the transaction were not disclosed.  Completion of the transaction is expected in the second quarter of 2026 and is subject to customary closing conditions and approvals.

Founded in 1922, Jennmar is a leading global provider of safety-critical products and essential services to the mining, civil infrastructure, solar and construction industries. Jennmar serves as an integral and trusted partner to its customers around the world and enables them to run their operations safely and efficiently.  The Company is headquartered in Pittsburgh, Pennsylvania, has approximately 4,000 employees and operates 59 manufacturing facilities across the globe.

Kyle Mumford, Partner of KPS, said, “Jennmar is a global market leader in ground support products with a proven track record of delivering best-in-class customer service and product quality.  We look forward to supporting the Jennmar leadership team with KPS’ decades of global manufacturing experience as well as our strategic support and capital to continue Jennmar’s tremendous growth both organically and through acquisition.  We are also pleased that existing owners, Tony Calandra and FalconPoint Partners, will continue as meaningful minority shareholders, affirming our shared view of the future growth and value creation potential of Jennmar.”

Tony Calandra, Chief Executive Officer of Jennmar, said, “I am exceptionally proud of the accomplishments of the Jennmar team – each year we consistently broaden our product offering, increase our service capabilities, and expand the geographies in which we can fully support our customers – all while continuing our best-in-class quality and delivery.  Jennmar is committed to continuing this trajectory and we identified KPS as the right partner to support and accelerate our growth.  Jennmar will benefit considerably from KPS’ manufacturing expertise and capital resources as we continue to invest heavily in innovating to meet our customers’ needs and expanding our addressable markets.”

Paul, Weiss, Rifkind, Wharton and Garrison LLP served as legal counsel and Jefferies served as financial advisor to KPS and its affiliates. Lowenstein Sandler LLP served as legal counsel and Evercore and Rothschild & Co. served as financial advisors to Jennmar and FalconPoint.

About Jennmar

Jennmar is a leading global provider of infrastructure products and specialized services to the civil infrastructure, solar, mining, and construction industries.  For over 100 years, Jennmar’s focus has been on manufacturing products and providing solutions that help keep workers safe and productive.  For more information, please visit www.jennmar.com.

About FalconPoint Partners

FalconPoint is a private equity firm that invests in North American mid-market companies in the business services and industrial sectors. The firm leverages a network of relationships and a partnership-oriented approach to identify and execute on transformative growth opportunities at companies that provide mission-critical products and services. For more information, please visit www.falconpointpartners.com.

About KPS Capital Partners, LP

KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $19.5 billion of assets under management (as of September 30, 2025).  For over three decades, the Partners of KPS have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.  KPS creates value for its investors by working constructively with talented management teams to make businesses better, and generates investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage.  The KPS Funds’ portfolio companies currently generate aggregate annual revenues of approximately $21.2 billion, operate 202 manufacturing facilities in 21 countries, and have approximately 55,000 employees, directly and through joint ventures worldwide (as of September 30, 2025).  The KPS investment strategy and portfolio companies are described in detail at www.kpsfund.com.

AgentBox Emerges as Tiiny AI Pocket Lab Hits $1M in 5 Hours on Kickstarter, a Shift from Cloud AI to Edge-Cloud Synergy

Pocket-size device supports up to 120B models locally with 0 token fees, without requiring cloud or high-end GPU

DOVER, Del., March 12, 2026 /PRNewswire/ — Tiiny AI Inc. (www.tiiny.ai), a U.S. AI Infra startup, today announced that its Tiiny AI Pocket Lab surpassed US$1 million in Kickstarter pledges within five hours of its March 11 launch.

Tiiny AI Hits 1 Million in 5-hours.
Tiiny AI Hits 1 Million in 5-hours.

Tiiny AI Pocket Lab is a pocket-size personal AI supercomputer that plugs into a laptop or PC and turns it into a local AI terminal. Built as a dedicated backend for always-on AI, it is designed to support up to 120B-parameter models locally without requiring internet, cloud services, separate servers, or a high-end GPU. It also offers one-click deployment, 0 token fees, and an always-on operating profile within a 65W power envelope.

The milestone signals early demand for what Tiiny AI calls “AgentBox” — a new class of dedicated local devices designed to run always-on AI models and agent workflows privately and persistently, including OpenClaw-based agents. It also reflects a broader shift from cloud-based AI toward edge-cloud synergy, where routine agent tasks run locally for privacy, reliability, and greater cost control, while the cloud is used selectively when needed.

In the first five hours, the campaign reached US$1,009,664 in pledges from 728 backers. The backer base was led by the United States (about 70% of backers, by backer count), followed by Germany and Canada, with additional backers from the United Kingdom and Spain, as of 3:00 pm EDT on March 11.

“We are in a broader shift from cloud-based AI to edge-cloud synergy, with a new hardware layer emerging: agent-native devices built to run always-on workflows locally,” said Samar Bhoj, GTM Director at Tiiny AI. “Our focus is to make that experience accessible with one-click deployment, local-first operation, 0 token fees, stronger privacy controls, and a practical edge-cloud synergy model that uses the cloud only when needed.”

Pricing and Availability

  • Kickstarter campaign page: https://www.kickstarter.com/projects/tiinyai/tiiny-ai-pocket-lab
  • Kickstarter super early-bird price: US$1,399
  • Website-only deposit program: Tiiny AI offers a US$9.90 deposit on its website to lock in a US$1,299 price (US$100 lower than the super early-bird price).
  • Estimated delivery: August 2026 (final schedule and regional availability detailed on Kickstarter)

AgentBox: A New Category Built for Always-On AI Workflows

As AI adoption accelerates, cloud-based AI is encountering friction for many everyday workflows: recurring usage costs, privacy and data-sovereignty concerns, reliability risks from network or cloud outages, and long-context capabilities. At the same time, agent frameworks are pushing AI beyond chat and into multi-step workflows, such as organizing files, building local knowledge bases, generating reports, and executing tasks over time.

Against this backdrop, Tiiny AI sees the emergence of “AgentBox” — a new class of compact local AI devices designed to support always-on agent workflows. Tiiny AI Pocket Lab is built to support up to 120B-parameter models locally, while offering privacy, reliability, and greater control as a persistent local AI engine that works alongside users’ existing devices.

This “AgentBox” is powered by Tiiny AI’s proprietary optimization technologies, including TurboSparse and PowerInfer, designed to improve throughput and efficiency for local inference on compact hardware.

The company offers a ready-to-use open-source ecosystem. Tiiny AI Pocket Lab supports one-click installation of more than 50 leading open-source models including OpenAI GPT-OSS, Llama, Qwen, GLM, Mistral, and Phi, and enables seamless deployment of over 100 popular open-source AI agents such as OpenClaw, OpenCode, Flowise, Presenton, Libra, Bella, and SillyTavern. Users receive continuous updates, including official OTA hardware upgrades.

To further strengthen ecosystem openness, Tiiny AI said the product will also support user-imported .gguf models from Hugging Face beyond the officially adapted mainstream models. The company plans to launch a corresponding model conversion tool in July 2026. SOTA open-source LLMs will receive priority support from Tiiny AI, while longer-tail models can be converted and imported by users based on their own needs. This is intended to make the product not only a local AI device, but also a more controllable local AI runtime environment with greater transparency and user oversight.

Built for Local-First Security and Control

As AI agents become more capable and more autonomous, security concerns are expanding beyond the model itself into broader areas such as permission management, behavior auditing, and execution control.

In response, Tiiny AI emphasizes three design principles: local-first operation, least privilege, and human-in-the-loop control. The company says sensitive workflows should remain locally processed whenever possible; agent access to tools, files, and APIs should be limited to only what is necessary for a given task; and human confirmation or audit mechanisms should remain in place for actions involving sensitive data, external systems, or critical operations.

According to Tiiny AI, this is part of what distinguishes AgentBox from a generic local AI setup and cloud-based AI: it is meant to provide a more transparent and controllable environment for running AI continuously in everyday workflows.

In December 2025, Tiiny AI Pocket Lab was verified by Guinness World Records under the category “The Smallest MiniPC (100B LLM Locally)”, recognizing its form factor and ability to run a 100B-parameter LLM locally.

Formed in 2024, the team brings together global engineers from MIT, Stanford, HKUST, SJTU, Intel, and Meta, with deep expertise in systems engineering, AI inference optimization, and hardware–software co-design. Their research has been published in premier academic conferences including SOSP, OSDI, ASPLOS, and EuroSys. In 2025, Tiiny AI secured a multi-million dollar seed round from leading global investors.

Headline specs (configuration dependent):

  • Memory: 80GB LPDDR5X
  • Storage: 1TB PCIe 4.0 SSD
  • Performance: ~18–40 tokens/second (config dependent)
  • Power: 30W TDP (65W adapter required); designed within a 65W power envelope
  • Dimensions/weight: 142 × 80 × 22 mm; 300g
  • Compatibility: macOS & Windows

(Note: performance figures are configuration dependent; Tiiny AI can provide test conditions upon request.)

Press kit:

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About Tiiny AI Inc.

Tiiny AI Inc. is a U.S. AI Infra startup. The company’s mission is to make advanced AI personal, private, and accessible, bringing powerful model and agent workflows to local devices with simplified deployment and predictable costs. With its founding team formed in 2024 by engineers from MIT, Stanford, HKUST, SJTU, Intel, and Meta, the company develops breakthrough technologies such as TurboSparse and PowerInfer that enable up-to-120B LLMs to run on pocket-sized consumer devices for the first time. Tiiny AI’s mission is to make advanced AI accessible, private, and personal.