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  "markdown": "Venture firm.\n\nWebsite: https://www.qedinvestors.com\n\n## Companies on Anchor Terminal\n\n- **Catena Labs, Inc.**, Series A, May 2026, through QED\n  - [ACK-Pay (Agent Commerce Kit)](https://www.anchorterminal.com/tools/ack-pay.md), graded D, 53.8/100\n  - Source: https://fortune.com/2026/05/20/catena-labs-series-a-sean-neville-ai-native-bank/\n- **Airwallex**, Series H, June 2026\n  - [Airwallex Spend and Issuing](https://www.anchorterminal.com/tools/airwallex.md), graded B, 68.3/100\n  - Source: https://www.airwallex.com/global/newsroom/airwallex-secures-320-million-in-series-h-funding-valuation-hits-11-billion\n- **Profound Platform Inc. (dba Finch)**, Series B, February 2023, through QED\n  - [Finch](https://www.anchorterminal.com/tools/finch.md), graded BB, 71.7/100\n  - Source: https://www.tryfinch.com/blog/announcing-finchs-40m-series-b\n- **Payhawk Limited**, Series A, April 2021, Series B, November 2021, Series B extension, March 2022, led a round\n  - [Payhawk API + MCP](https://www.anchorterminal.com/tools/payhawk.md), graded C, 57.1/100\n  - Source: https://payhawk.com/blog/payhawk-raises-20m-series-a-from-klarna-backers-qed-investors\n\n## Where they invest\n\n- Spend management \u0026 procurement, 2\n- Pay-per-call protocols, 1\n- Payroll infrastructure, 1\n\n## Founders they backed\n\n- [Jack Zhang](https://www.anchorterminal.com/people/jack-zhang/), Airwallex\n- [Lucy Yueting Liu](https://www.anchorterminal.com/people/lucy-yueting-liu/), Airwallex\n- [Jacob Dai](https://www.anchorterminal.com/people/jacob-dai/), Airwallex\n- [Max L.](https://www.anchorterminal.com/people/max-l/), Airwallex\n- [Ki Lok Wong](https://www.anchorterminal.com/people/ki-lok-wong/), Airwallex\n- [Jeremy Zhang](https://www.anchorterminal.com/people/jeremy-zhang/), Profound Platform Inc. (dba Finch)\n- [Ansel Parikh](https://www.anchorterminal.com/people/ansel-parikh/), Profound Platform Inc. (dba Finch)\n- [Hristo Borisov](https://www.anchorterminal.com/people/hristo-borisov/), Payhawk Limited\n- [Konstantin Dzhengozov](https://www.anchorterminal.com/people/konstantin-dzhengozov/), Payhawk Limited\n- [Boyko Karadzhov](https://www.anchorterminal.com/people/boyko-karadzhov/), Payhawk Limited\n\n## Questions\n\n### Which AI tools has QED Investors invested in?\n\nAnchor Terminal lists Catena Labs, Inc., Airwallex, Profound Platform Inc. (dba Finch) and Payhawk Limited backed by QED Investors.\n\n### How are QED Investors's companies graded?\n\nOn Anchor Terminal's benchmark, ACK-Pay (Agent Commerce Kit) (D, 53.8), Airwallex Spend and Issuing (B, 68.3), Finch (BB, 71.7) and Payhawk API + MCP (C, 57.1).\n\nInvestors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.\n",
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