Neara expands executive leadership team with new Chief Product Officer. International AI-product veteran brings enterprise expertise to power Neara's next phase of growth. Neara, the pioneer of physics-enabled digital twin modelling for critical infrastructure, has appointed Ian Wang as its new Chief Product Officer (CPO). The role was previously held by company co-founder Karamvir Singh, who has moved into the Chief Strategy Officer (CSO) position to prioritise integration and go-to-market expansion opportunities. Ian brings two decades of technology product leadership and corporate strategy experience to Neara, including his most recent role as Adobe's Vice President and Head of Product in the United States. In this position, Ian led the global product team for Adobe Express across core product, growth and agentic AI to make creativity approachable for everyone. During his tenure, Adobe Express became a key driver for the company's rapidly expanding reach of over a billion monthly active users, including in 99 per cent of Fortune 500 companies. Ian was also a key product leader for Adobe's AI efforts, where he was also responsible for the platform teams enabling Adobe's next-gen AI product roadmap, including Express, Firefly and GenStudio. As Neara CPO, Ian will bring product management, engineering, and design function experience together under his leadership. He will focus on accelerating Neara's mission to help customers address their most important decisions by combining deep engineering-grade rigour with AI and insights at scale within highly regulated ecosystems. Neara's native AI product pipeline is a central pillar of the company's differentiated value proposition. Data enriched with Neara's spatial and engineering-grade insights creates meaningful connections between assets and physical behaviour, giving Neara the unique context required to operate in ecosystems needing deep domain expertise. Ian's leadership will extend Neara's AI differentiation and impact, supporting critical infrastructure operators far beyond energy. Neara CEO, Daniel Danilatos, said on the appointment: "Ian is no stranger to Neara. An early collaborator who's remained connected to the company, our team and our ambitions over the last decade. In that time, Neara has established its position as the leading energy infrastructure physics platform powering global utilities' most important decisions, but our ambition doesn't end here. We've more than doubled our headcount in the last twelve months, and as we continue to grow and scale for broader critical infrastructure, Ian brings exactly the expertise and experience needed to execute our product roadmap." "It's an incredibly exciting time to join Neara, a homegrown technology and innovation leader operating at the forefront of one of the world's most complex industries," said Ian Wang, Neara Chief Product Officer. "Infrastructure owners and operators need solutions that can bring together the domain depth, network-wide scale, and intelligence that enable holistic insights to make better, more confident decisions. I could not be more excited to be a part of advancing Neara's product vision and portfolio to fundamentally change the role of digital twins in infrastructure."

Regulation shouldn't pick the winners in payments. Comeback kid. Neara brings Silicon Valley to Sydney. 7:30am on 29 September 2026 Get Letter of Intent in your inbox. Every M&A, capital markets and VC deal. Sent weekdays. Good morning. Former Adobe product executive Ian Wang is back in Sydney as Neara's chief product officer and hoping to recreate some Silicon Valley magic at home. His move runs counter to the flow of Australian founders and tech executives moving to San Francisco for its latest gold rush. Wang told Capital Brief Aussie companies need to match the talent, technology and ambition expats find overseas - and change their mindset. "People in San Francisco right now [are] optimistic and heavily paranoid at the same time. They don't rest on their laurels," he said. | | | ASX 200 | 8,680 | +0.17% | | | | ASX futures | 8,721 | +0.01% | | | | S&P 500 | 7,684 | -0.77% | | | | NASDAQ | 26,820 | -0.92% | | | | AUD/USD | 0.70 | -0.09% | | | | Bitcoin | 83,508 | -1.20% | ASX 200 as at market close. Bitcoin in USD. Market movers. | | | ASX: NST | $23.47 | +6.15% | Northern Star shares rose Monday after it confirmed it had received - and rejected - a $38.7 billion takeover offer from South African miner Gold Fields, which then told investors it would continue to pursue the deal. The quick sync. * Investors are warning tax breaks for Australian startups are too complicated to be useful. (Capital Brief) * The RBA is losing patience with the stalled payments system migration and may set a roadmap without waiting for industry consensus. (Capital Brief) Card surcharges may be going away, but payment costs aren't. The RBA should protect competition and innovation as it shapes the system's future. Diane Tate · 12:23am today Wall Street hedge fund Millennium is building a Sydney beachhead, hiring prominent investors and making bets across the ASX and neocloud sector. John McDuling · 11:51pm yesterday The business community is bracing as the RBA's mandated changes to surcharging kick in overnight, with mixed feelings from businesses and payment providers and further calls for reform. Rose Mackenzie · 10:01pm yesterday

Digital twin startup Neara raises $63M to help power companies cope with AI's energy demands - SiliconANGLE