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Quantinuum Selected by DARPA to Advance to Stage B of Quantum Benchmarking Initiative

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With the industry’s most advanced quantum systems and proven ability to scale, Quantinuum is on track to deliver utility-scale quantum computing by early 2030s

BROOMFIELD, Colo., Nov. 7, 2025 /PRNewswire/ — Quantinuum, the world leader in quantum computing, has been selected by the Defense Advanced Research Projects Agency (DARPA) as a contractor to advance to Stage B of DARPA’s Quantum Benchmarking Initiative (QBI).

DARPA is using QBI to evaluate the technical likelihood that a utility scale quantum computer will be available no later than 2033. A multi-stage program, Stage B follows a six-month Stage A effort in which Quantinuum developed and delivered a detailed concept design for a utility scale system called “Lumos.”

Last year, Quantinuum released its public roadmap through the end of the decade with Apollo—a universal, fully fault-tolerant quantum computer—scheduled for launch in 2029. Lumos is a new addition to the roadmap as Quantinuum outlines plans to develop increasingly larger systems into the 2030s.

“This selection recognizes the strength and maturity of our roadmap and the work our teams have already delivered,” said Dr. Rajeeb Hazra, President and CEO of Quantinuum. “Lumos extends our roadmap into the next decade and gives DARPA a concrete, de-risked path for achieving utility-scale quantum computing by 2033. We look forward to partnering with DARPA and our ecosystem partners to advance this important national objective.”

Stage B will be a year-long, performance-based evaluation by DARPA’s Test and Evaluation team in which Quantinuum will develop a detailed R&D roadmap for Lumos to validate technical assumptions, verification methods, and scaling plans to meet the 2033 objective.

Yesterday, Quantinuum deployed its latest generation system, “Helios,” on schedule with its roadmap. With the highest fidelity physical qubits and logical qubits of any commercial system, and a next-generation software stack featuring a modern, high-level programming language, Helios is designed to accelerate quantum computing adoption. The system has already been used to simulate high-temperature superconductivity and magnetism at unprecedented scales—two applications with relevance to critical, industrial utility.  

About Quantinuum

Quantinuum is the world leader in quantum computing. The company’s quantum systems deliver the highest performance across all industry benchmarks. Quantinuum’s over 630 employees, including 370+ scientists and engineers, across the US, UK, Germany, and Japan, are driving the quantum computing revolution. 

For more information, please visit www.quantinuum.com

Breakwater Energy Holdings S.à r.l. Announces Pricing of Offering of Senior Secured Notes Due 2030

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LUXEMBOURG, Nov. 7, 2025 /PRNewswire/ — Breakwater Energy Holdings S.à r.l. (the “Issuer”) today announced that it has priced an offering (the “Offering”) of $725,000,000 aggregate principal amount of its 9¼% Senior Secured Notes due 2030 (the “Notes”).

The Issuer intends to use the proceeds from this Offering to (1) repay amounts outstanding related to the acquisition of the Issuer’s ordinary stock of Repsol E&P S.à r.l. (“Repsol E&P”) and (2) pay related fees and expenses. 

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. 

About Breakwater Energy

The Issuer, a company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, is the 25% owner of Repsol E&P. Repsol E&P is the parent company of the group comprising Repsol E&P and its consolidated subsidiaries (the “Repsol E&P Group”). The Repsol E&P Group’s upstream activities include hydrocarbon exploration, development, production, carbon capture and storage and commercialization activities. Repsol E&P built the Repsol E&P Group’s international presence over decades with the objective of delivering resilient, hydrocarbon production that is efficient, profitable and cash flow generating.

About EIG

EIG is a leading institutional investor in the global energy and infrastructure sectors with $23.8 billion under management as of June 30, 2025. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 43-year history, EIG has committed over $51.3 billion to the energy sector through 420 projects or companies in 44 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.

Media contact:
FGS Global
Kelly Kimberly / Brandon Messina
+1 212-687-8080
EIG@fgsglobal.com

Cautionary Statement
The Offering is being made by means of an offering memorandum. This announcement does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other security nor shall there be any offer, solicitation or sale in the United States or in any jurisdiction in which, or to any persons to whom, such offering, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction.

The Notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold within the United States, or to, or for the account or benefit of, U.S. persons, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws. Accordingly, the Notes are being offered and sold in the United States only to persons who are both (i) qualified institutional buyers in accordance with Rule 144A under the Securities Act and (ii) qualified purchasers as defined in Section 2(A)(51)(A) of the U.S. Investment Company Act of 1940 and to non-U.S. persons outside the United States in accordance with Regulation S under the Securities Act.

This announcement is only addressed to and directed at persons who (i) are outside the United Kingdom, (ii) have professional experience in matters relating to investments (being investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Financial Promotion Order”)), (iii) fall within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations, etc.”) of the Financial Promotion Order, or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the FSMA) in connection with the issue or sale of any Notes may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). The Notes will only be available to relevant persons and this announcement must not be acted on or relied on by anyone who is not a relevant person. Any offer of the Notes in the UK will be made pursuant to an exemption under the Financial Services and Markets Act 2000 and Regulation (EU) 2017/1129 (the “Prospectus Regulation”) as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 from the requirement to publish a prospectus for offers of securities.

The offer and sale of the Notes in the European Economic Area (the “EEA”) will be made pursuant to an exemption under the Prospectus Regulation from the requirement to produce a prospectus for offers of securities.

Manufacturer target market (MIFID II and UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail investors in the EEA or UK.

This press release may include “forward looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements can be identified by the use of forward looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “intends,” “may,” “will” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward looking statements include all matters that are not historical facts and include statements regarding the Issuer or its affiliates’ intentions, beliefs or current expectations concerning, among other things, the Offering.

By their nature, forward looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward looking statements are not guarantees of future performance and that the Issuer and its affiliates’ actual results of operations, financial condition and liquidity, and the development of the industry in which they operate may differ materially from those made in or suggested by the forward looking statements contained in this press release. In addition, even if the Issuer or its affiliates’ results of operations, financial condition and liquidity, and the development of the industry in which the Issuer operates are consistent with the forward looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. Given these risks and uncertainties, you should not rely on forward looking statements as a prediction of actual results. 

EQT to invest USD 930 million in Douzone Bizon, a leading provider of ERP and software solutions in South Korea

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  • EQT signs SPA to invest in Douzone Bizon, a provider of ERP and software solutions in South Korea
  • EQT plans to acquire a 37.6% stake in Douzone Bizon, including shares held by majority shareholder, Chairman Young-woo Kim, and other major shareholders, subject to customary regulatory approvals including merger control clearance and licensing authorization from the Ministry of Trade, Industry, and Resources
  • The investment reflects EQT’s continued, long-term commitment to the South Korean market and underscores the firm’s momentum across Asia this year

SEOUL , Nov. 7, 2025 /PRNewswire/ — EQT announced today that a vehicle managed by EQT (“EQT”) has signed a share purchase agreement (SPA) under which EQT will invest approximately USD 930 million (KRW 1.3 trillion) into Douzone Bizon (the “Company”; ticker symbol: KRX 012510), a provider of enterprise resource planning (ERP) and business software solutions in South Korea. The stake consists of the entire 23.2% held by Chairman Young-woo Kim and 14.4% held by affiliates of Shinhan Financial Group. Upon completion, the transaction would result in EQT holding 37.6% of shares outstanding (34.8% based on shares issued, including treasury shares) in Douzone Bizon.

Founded in 1991, Douzone Bizon develops and offers enterprise software solutions to small- and medium-sized enterprises in South Korea. Its suite of cloud and software offerings extend beyond core ERP into tax, accounting, compliance, and communication services. For EQT’s acquisition of Douzone Bizon to proceed, government approvals are required – including merger clearance from the Korea Fair Trade Commission and licensing authorization from the Ministry of Trade, Industry, and Resources.

This transaction represents EQT’s commitment to bringing its global expertise in digital transformation and enterprise solutions to the Korean market, with a focus on long-term value creation. Known for its purpose-driven investment approach, EQT typically implements management enhancement strategies over a period of at least five years. In line with this philosophy, the firm is expected to take a long-term perspective with Douzone Bizon – prioritizing internal investments and business strengthening in the early stages over short-term profitability.

With this transaction, BPEA Private Equity Fund IX is expected to be 5-10 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication) based on hard cap fund size and subject to customary regulatory approvals.

Contact

EQT Press Office, press@eqtpartners.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-to-invest-usd-930-million-in-douzone-bizon–a-leading-provider-of-erp-and-software-solutions-in-,c4263128

The following files are available for download:

https://mb.cision.com/Main/87/4263128/3770110.pdf

251107 [Press Release] EQT to invest USD 930 million in Douzone Bizon, a leading provider of ERP and software solutions

https://news.cision.com/eqt/i/duozone-bizon,c3485241

Duozone Bizon

Ragnarok 3 Reveals the ‘Emperium Showdown’ GVG Gameplay Trailer

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BUENA PARK, Calif., Nov. 7, 2025 /PRNewswire/ — The MMORPG Ragnarok 3, published by Gravity Game Vision and co-developed with JoyMaker, released its first gameplay trailer on October 21, featuring the large-scale “Emperium Showdown.” The trailer gives players an early look at intense siege battles and strategic cooperative play within massive large-scale warfare.

Emperium Showdown
Emperium Showdown

Ragnarok 3 preserves the classic world and job system of the Ragnarok universe while being completely reborn with enhanced, next-generation graphics. Developed primarily for the PC platform, the game also supports cross-platform play on mobile devices, delivering a nostalgic yet refreshing adventure — rekindling fond memories for longtime fans while offering new players an exciting introduction to the world of Ragnarok.

Get a First Look at the Core Gameplay & Highlights of Emperium Showdown in Ragnarok 3


Ragnarok3 Emperium Showdown Trailer

The newly released in-game trailer for “Emperium Showdown” highlights the thrill of large-scale strategic warfare unfolding on the battlefield.

As the final stage of territory conquest, Emperium Showdown is an ultimate showdown where two guilds face off to claim victory as the last standing conqueror.

This content introduces powerful siege weapons such as battering rams and siege ladders, as well as controllable giant gears and cannons. Players can strategically utilize battlefield resources and coordinate with teammates to experience the immersive tension of offense and defense as if they were on a real battlefield.

Focusing on tactical positioning and teamwork, each battle features unpredictable variables and strategic challenges that elevate the intensity and excitement of gameplay.

Ragnarok Online 3
Ragnarok Online 3

Territory Conquest Comes to Life Offline — Pre-Launch Event Wraps Up Successfully

An offline pre-release event, allowing players to experience the core content of Ragnarok 3’s territory conquest system — the “Emperium Showdown” — was successfully held on October 25 across select regions in Asia.

During the event, hundreds of participants engaged in large-scale battles, experiencing the intensity and excitement of the Emperium Showdown firsthand. The atmosphere was charged with enthusiasm as players coordinated strategies and competed in real-time on-site matches.

An official from Gravity commented “Through this pre-release event, we were able to gather valuable feedback directly from players, which will help us further enhance the overall quality of the game.” The spokesperson also added, “We’re planning to bring similar hands-on experiences to other regions as well, and we look forward to meeting even more players worldwide.”

Further updates and detailed information about the game will be shared through the official website and upcoming press releases.

Australian Sleep Tech Company Launches a Smart Ring to Transform Sleep & Health – retimer Ring

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ADELAIDE, Australia, Nov. 7, 2025 /PRNewswire/ — Re-Time Pty Ltd (RTPL) today announced the launch of the retimer Ring, the first smart ring solution developed by an Australian company to help people improve sleep and overall wellbeing. Building on a legacy of more than 25 years of research at Flinders University, the company widens its offering in the sleep wearable space with the retimer Ring. 

RTPL first gained global recognition in 2015 with its blue-green light therapy glasses, which continue to help thousands of people around the world with circadian sleep problems – delayed sleep, jet lag, shift work, and reclaim better sleep. In 2018 it introduced the THIM, a sleep ring for Insomnia, based on its patented Intensive Sleep Retraining.

retimer Ring - Listen to your body, know your rhythm, and restore your balance.
retimer Ring – Listen to your body, know your rhythm, and restore your balance.

Why another Ring? 

While smart rings are rapidly becoming the future of health tracking, offering greater accuracy and more comfort than wrist-based devices, the company is looking far beyond just monitoring. With the retimer Ring, RTPL takes the next step by leveraging its legacy, and the progress in sensor technology and AI, to offer sleep, health and activity tracking, with more exciting features planned for circadian health, apnea and insomnia. 

“retimer Ring isn’t just another ring – it’s your daily companion for a better life; and that’s just the beginning of what will be a holistic wearable to not just track your sleep and activity but also offer research-based programs to improve wellbeing. By combining bio signals, proven therapeutic processes, and using the power of AI, we can guide users with subtle cues, insights, and interventions to significantly improve wellness outcomes. I am very excited with the possibilities this form offers,” said, Nitin Goyal, COO.

Key Features include:

  • Comprehensive Sleep Tracking – 12+ sleep parameters, including stages, efficiency, latency, sleep score and debt.
  • Health & Fitness Monitoring – Heart rate, HRV, blood oxygen, skin temperature, VO₂ max, steps, calories, and stress response.
  • Sugar Metabolism Indicator – A non-invasive system to track glucose trends.
  • 8-Day Battery Life & Titanium Build – Durable, waterproof (5 ATM), and crafted for everyday wear.
  • Zero Subscription Fees Smart App.
  • Access to future updates including support for insomnia, Sleep apnea detection, Circadian rhythm optimization and mental wellness tools for stress, anxiety, and nighttime rumination.

“At Flinders University, we’ve dedicated decades to understanding the complexities of sleep. Our research has always focused on translating scientific discoveries into practical, accessible treatments to help people sleep better. 

“In 2018 we launched the THIM, first ever smart ring to track sleep and provide a treatment for insomnia. The device was based on nearly 15 years of research with the use of a condensed form of the earliest proven behavioural treatment for insomnia. This resulting therapy is patented as Intensive Sleep Retraining therapy in 2017.

“The retimer Ring is an innovative step forward to make the ISR therapy available for the treatment of insomnia in future,” says, Prof Leon Lack of Flinders’ University. 

Join the Sleep Revolution

The retimer Ring is available in a chic color palette of Twilight Rose, Full Moon Silver, and Midnight Black in 7 different sizes. Australian customers can access an exclusive pre-launch offer, saving up to 25% off the recommended retail price. The retimer Ring is available to be booked at https://www.retimer.com.au/ring/.

For more information, visit www.retimer.com.au.

About Re-Time 

RTPL is a collaboration between Motherson, a global design, engineering and manufacturing leader and Flinders University with its world-renowned sleep sciences research center – Adelaide Institute of Sleep Health (AISH). Together, we’ve been helping thousands of people sleep better every day worldwide. The journey began with retimer Light Therapy Glasses, the world’s first medically certified light therapy device for circadian rhythm disorders followed by THIM, the first smart ring with CBT-i principles for insomnia improvement.

In 2024, we successfully launched retimer 3, a connected smart light therapy solution with AI-driven sleep insights. The new retimer Ring is the next step in our journey to bring science-backed health to everyday life.

Product Link: https://www.retimer.com.au/ring/ 
Website Link: https://www.retimer.com.au 

 

 

ECW Announces US$2 Million Grant for Flood-Affected Children in Pakistan

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First Emergency Response grant will reach 34,483 students through local consortium led by the Rural Support Programmes Network

NEW YORK, Nov. 7, 2025 /PRNewswire/ — Education Cannot Wait (ECW) announced today a US$2 million First Emergency Response grant to address the urgent education needs of children affected by Pakistan’s devastating monsoon floods.

Education assessments reveal that over 367,000 school-aged children currently lack access to education in flood-affected districts, with damage reported in over 1,800 schools.
Education assessments reveal that over 367,000 school-aged children currently lack access to education in flood-affected districts, with damage reported in over 1,800 schools.

The 12-month grant will be delivered by the Rural Support Programmes Network (RSPN) in partnership with a consortium of local and national organizations, including the National Rural Support Programme (NRSP), Sarhad Rural Support Programme (SRSP), Idara-e-Taleem-o-Aagahi (ITA), and PAGE Foundation.

“RSPN is proud to continue its partnership with Education Cannot Wait and the Government of Pakistan to ensure that every child, especially girls, internally displaced persons (IDPs) and children with disabilities affected by the recent floods in Sialkot, Narowal, Jhang and Swat can access safe, inclusive and quality learning opportunities,” said Bashir Anjum, Chief Operating Officer, RSPN. “Through this collaboration, we aim to help communities across these districts rebuild resilient education systems, restore hope and support children in returning to learning within secure and nurturing environments. Together, we are transforming dreams into opportunities and turning education into lasting hope for the most vulnerable.”

The locally led response will provide life-saving education support to 34,000 girls and boys across flood-affected provinces in Pakistan.

Education assessments reveal that over 367,000 school-aged children currently lack access to education in flood-affected districts, with damage reported in over 1,800 schools.

The ECW investment will rehabilitate damaged schools, establish temporary learning spaces, provide inclusive and gender-sensitive learning materials, restore water and sanitation facilities, and implement protective measures. The interventions are aligned with the Pakistan Humanitarian Response Plan and complement ECW’s ongoing Anticipatory Action pilot, which has already pre-positioned materials in advance of the floods.

Note to Editors 

About Education Cannot Wait: 
Education Cannot Wait (ECW) is the global fund for education in emergencies and protracted crises in the United Nations. We support quality education outcomes for refugee, internally displaced and other crisis-affected girls and boys, so no one is left behind. ECW works through the multilateral system to both increase the speed of responses in crises and connect immediate relief and longer-term interventions through multi-year joint programming. ECW works in close partnership with governments, public and private donors, UN agencies, civil society organizations, and other humanitarian and development aid actors to increase efficiencies and end siloed responses. ECW urgently appeals to public and private sector donors for expanded support to reach even more vulnerable children and adolescents.

On X/Twitter, please follow: @EduCannotWait  @KentPage

Additional information available at: www.educationcannotwait.org

 

Silicon Quantum Computing Selected by DARPA to Advance into Second Stage of Quantum Benchmarking Initiative

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Advancement to second stage of DARPA Quantum Benchmarking Initiative validates promise of Silicon Quantum Computing’s in-house manufacturing for building quantum computers using engineered atoms in silicon

SYDNEY, Nov. 7, 2025 /PRNewswire/ — Silicon Quantum Computing (SQC), a leader in quantum computing and quantum machine learning, today announced its selection by the Defence Advanced Research Projects Agency (DARPA) to progress to the next stage of the Quantum Benchmarking Initiative (QBI). The news follows SQC’s award of a DARPA QBI Stage A contract in April 2025.

The QBI assesses the feasibility of building a useful quantum computer by 2033. Successful QBI participants will advance through three stages. Stage A required SQC to provide in-depth description and analysis of their utility-scale quantum computer with a path to near-term realization and where value exceeds costs incurred in development and deployment.

During Stage A, the DARPA team worked closely alongside SQC to rigorously validate SQC’s unique and leading approach to building a commercial scale quantum computer within silicon. The key features of the 14|15 platform – in-house atomic precision manufacturing and exceptional qubit quality – helped secure SQC’s progression. SQC’s mission is to, in a matter of years, deliver quantum computers capable of accurately and efficiently running algorithms that will shift the landscape of global cybersecurity, materials science and artificial intelligence.

Stage B, which begins immediately, will see SQC develop a detailed research and development roadmap through to 2033. This will include technical requirements and highly detailed designs.

SQC’s Founder and CEO, Michelle Simmons, said, “DARPA’s rigorous process of assessing and validating the different approaches to building quantum computers helps to separate the signal from the noise in our industry.”

“We are proud to be selected for Stage B and to have been awarded a next-stage contract. Our ongoing participation in QBI allows us to accelerate the delivery of increasingly useful universal quantum computers, while continuing to deliver value and advantage to customers today through application-specific quantum systems.”

The adoption of quantum computing solutions is accelerating across industries. SQC is dedicated to delivering value and advantage to customers today who engage with their atomically engineered Quantum Machine Learning chips, and their universal quantum computing systems that have demonstrated world leading algorithmic fidelity.

“SQC’s in-house manufacturing of atoms engineered with atomic precision in silicon continues to pay dividends. With DARPA’s scientific recognition and wider customer results SQC will continue to bring the quantum future closer.” added SQC Chair and former ARM CEO Simon Segars.

About Silicon Quantum Computing

Silicon Quantum Computing (SQC) is at the forefront of global efforts to build a commercial-scale quantum computer.

SQC uses machines and processes that allow them to see and control matter atom-by-atom. This ultra-precise approach is crucial to realising the quantum future and has already resulted in the company achieving the highest reported fidelities on quantum algorithms of any company. Owning their QPU manufacturing also means that SQC can design, produce and test new designs every week alongside delivering quantum machine learning and quantum chemical simulation systems today.

For more information, visit www.sqc.com.au

MoEngage Gets $100 Million to Scale Marketing AI Agents and Accelerate Expansion in North America, SEA & ANZ

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The investment, led by Goldman Sachs Alternatives and A91 Partners, will strengthen MoEngage’s leadership across North America, SEA & ANZ, amid growing global demand for next-generation AI-powered marketing technology.

SYDNEY, Nov. 7, 2025 /PRNewswire/ — AI-led Customer Data and Engagement Platform MoEngage gets $100 million in a new funding round led by Goldman Sachs Alternatives and A91 Partners, underscoring the growing global demand for next-generation marketing technology. The fresh capital will accelerate MoEngage’s product innovation, fuel its global expansion, and strengthen its leadership across North America, South East Asia, Australia and New Zealand (SEA & ANZ), amid growing global demand for next-generation AI-powered marketing technology.

Helping consumer brands automate and personalize digital experiences across web, mobile, social, email, and messaging channels, the company’s total funding has now crossed $250 million with this round, positioning it among the leading players in the AI-powered customer engagement space.

The new funds will be used to scale its flagship Merlin AI suite, a collection of intelligent agents purpose-built for marketing and product teams to make data-driven decisions, automate campaign management, and increase customer conversions.

“Our global momentum, built on our category leadership in Asia, validates that brands are moving beyond legacy marketing clouds,” said Raviteja Dodda, CEO and Co-founder of MoEngage. “More than 300 enterprises worldwide have turned to MoEngage for its AI-led agility and ease of use. This investment will fuel our next phase of growth across North America and EMEA, while allowing us to double down on innovation and customer success in our key markets across SEA and ANZ.”

The company counts over 1,350 global brands among its customers, including SoundCloud, McAfee, Flipkart, Domino’s, Deutsche Telekom, and Travelodge, reaching over two billion consumers each month.

“MoEngage has been an incredible partner in our growth journey,” said Hope Barrett, Sr. Director of Martech at SoundCloud. “Their platform enabled us to seamlessly migrate more than 120 million users in just 12 weeks and leverage AI-driven insights to accelerate product launches that have strengthened retention across our paid user base.”

Rajat Sood, a Managing Director at Goldman Sachs Alternatives, said, “Our investment in MoEngage reflects Goldman Sachs’ commitment to backing category-leading technology platforms that are leveraging AI for serving enterprises globally. By leveraging our global network, expertise, and capital, we look forward to helping the company accelerate growth, expand into new markets, and deliver lasting value to its customers.”

Kaushik Anand, Partner at A91 Partners, added, “We have gotten to know the MoEngage team over the last six years and have been impressed by their ability to constantly innovate and expand their product offerings. We are excited to back MoEngage as they look to scale their global customer footprint by empowering marketing and product teams with cutting-edge technology to build and retain customer relationships.”

Deepening Leadership in South East Asia and ANZ

The South East Asia (SEA) and Australia–New Zealand (ANZ) regions are key growth frontiers for MoEngage. As digital economies across Singapore, Indonesia, the Philippines, Australia, and New Zealand expand, demand for AI-led customer engagement is rising. In the region, MoEngage partners with leading retail, e-commerce, financial services, and telecom brands to unify customer data and deliver personalized, omnichannel experiences.

The company is the partner of choice for many of the region’s most prominent and innovative brands, including:

  • South East Asia: Kredivo, Alfamart, Blibli, XL Axiata, Trust Bank, GoTyme, Robinsons Retail Holdings, RedONE, RupaRupa, Atome, Home Credit, and CIMB Bank.
  • Australia & New Zealand: Stan Entertainment, 13Cabs, Canstar, TFE Hotels, Nine Entertainment, NOVA Entertainment, and Beforepay.

This powerful customer ecosystem also includes iconic global and regional brands that use MoEngage to power their customer engagement, such as 7-Eleven, Adidas, Coca-Cola, Starbucks, Samsung, Domino’s, Pizza Hut, KFC, and Nestlé.

Avendus acted as the exclusive financial advisor to the company and shareholders.

About MoEngage

Bengaluru and San Francisco, MoEngage is an insights-led customer engagement platform, trusted by over 1,350  global consumer brands including SoundCloud, McAfee, Flipkart, Kayak, Domino’s, Deutsche Telekom, Travelodge, and more. MoEngage empowers marketers and product owners with insights into customer behavior and the ability to act on those insights to engage customers across the web, mobile, email, social, and messaging channels. Its Merlin AI suite, a team of AI agents, enables marketers to launch campaigns faster and scale conversions with AI Decisioning. Consumer brands across 75 countries use MoEngage to power digital experiences for over 2 billion people every month.

MoEngage has been recognized as a Customers’ Choice in the Gartner Peer Insights™ Voice of the Customer for Multichannel Marketing Hubs, May 2025, and named a Strong Performer in The Forrester Wave™: Cross-Channel Marketing Hubs, Q4 2024.

To learn more, visit www.moengage.com

For more information:
Pooja Poddar Jain, Lead-Communications
pooja.poddar@moengage.com 

 

 

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