Pulse 2.0

GlobalFoundries To Operate Two New York Semiconductor Fabs Under Up To $21 Billion U.S.-Japan Initiative

BlackRock AUM Hits $15.5 Trillion Following $205 Billion Of Quarterly Net Inflows

Georgia State University: Metabolite-Inspired Compounds Show Promise For Ulcerative Colitis Drug Discovery

Grafine Partners And Atlantic Ridge Capital To Acquire Paragon Films In $900 Million Deal

Brookdale Senior Living Completes $157 Million Acquisition And Agrees To Buy 30 Communities From Welltower For $290 Million

Faraday Future Signs Deal With FFR To Combine Robotics Business At Approximately $200 Million Valuation

By Amit Chowdhry ● Today at 5:38 PM

Faraday Future Intelligent Electric has signed definitive agreements with FF EAI Robotics Ecosystem Inc. for FFR to acquire Faraday Future’s full robotics ecosystem business at an agreed valuation of approximately $200 million. The transaction advances the companies’ previously announced process from a non-binding term sheet to a definitive contractual agreement.

3C And Datalec Merge To Create $400 Million-Plus Revenue AI Data Center Infrastructure Platform

By Amit Chowdhry ● Today at 5:37 PM

3C and Datalec Precision Installations have merged to create 3C Datalec, a global data center infrastructure platform focused on designing, building, and operating critical infrastructure for artificial intelligence and high-density computing environments.

Flex Completes EPC Power Acquisition To Expand AI Data Center And Grid Power Capabilities

By Amit Chowdhry ● Today at 5:36 PM

Flex has completed its acquisition of EPC Power, expanding its power-conversion capabilities for AI data centers and grid applications.

Acorns Acquires Frich And Adds 1.6 Million-Member Financial Education Community

By Amit Chowdhry ● Today at 5:35 PM

Acorns has acquired Frich, a peer-led financial education community for young Americans with 1.6 million members and an organic creator network.

Simplicity Group Acquires MAIA Wealth To Expand Wealth Management Platform In Denver

By Amit Chowdhry ● Today at 5:34 PM

Blackford Capital Acquires E.G. Middleton To Expand Habco MEP Services Platform Into Virginia

By Amit Chowdhry ● Today at 5:34 PM

Blackford Capital has acquired E.G. Middleton, a Norfolk, Virginia-based electrical contractor, expanding its Habco Partnership mechanical, electrical, and plumbing services platform into Virginia and strengthening its electrical contracting capabilities across the Mid-Atlantic region.

Pearson Launches Career Studio Products To Connect Learning, Skills, And Workforce Credentials

By Amit Chowdhry ● Today at 5:32 PM

Pearson has announced the first two products in its new Pearson Studios family, launching Career Studio For School and Career Studio For Work to connect career exploration, skills training, and industry-recognized certifications across education and workforce development.

USDA Provides Record $3.3 Billion Loan To Oglethorpe Power For Georgia Generating Facility

By Amit Chowdhry ● Today at 5:31 PM

The U.S. Department of Agriculture has announced a $3.3 billion loan to Oglethorpe Power Corporation to help finance construction of the Smarr Combined-Cycle electric generating facility in Monroe County, Georgia.

Zenzap Emerges From Stealth With $44 Million In Funding Led By Bessemer And Lightspeed

By Amit Chowdhry ● Today at 5:29 PM

Zenzap has emerged from stealth with $44 million in total funding to expand its AI-powered collaborative workplace platform, which is designed to let employees and AI agents work together inside shared team conversations. The funding was jointly led by Bessemer Venture Partners and Lightspeed Venture Partners, with additional investment from The Garage. Zenzap plans to use the capital to expand its product development and sales teams, enhance platform capabilities, and accelerate its international expansion.

Dechert Adds Leveraged Finance Partner Ben Burton In London

By Amit Chowdhry ● Today at 5:27 PM

Dechert has added Ben Burton as a partner in its global finance practice in London, strengthening the firm’s leveraged finance, private equity, and restructuring capabilities.

Swamp Club Raises $7 Million Seed Led By Amplify Partners And Launches Behavior-Centric AI Agent Platform

By Amit Chowdhry ● Today at 5:25 PM

Swamp Club has raised $7 million in seed funding led by Amplify Partners and announced the general availability of Swamp, its platform for building AI agents using what the company calls behavior-centric design. Encoded Ventures and select angel investors also participated in the financing.

Duvo Raises $32 Million Series A Led By Balderton Capital For Enterprise Execution OS

By Amit Chowdhry ● Today at 5:22 PM

Duvo has raised $32 million in Series A funding to expand its Enterprise Execution OS, a platform designed to let employees and AI agents run business processes together across existing enterprise systems. The round was led by Balderton Capital, with participation from existing investors Index Ventures, Northzone, and Credo Ventures. The financing brings Duvo’s total funding to $48 million and will support expansion in the U.S., initially targeting retailers and consumer packaged goods companies.

Legora And Sirion Partner To Connect Agentic Legal AI With Enterprise Contract Intelligence

By Amit Chowdhry ● Today at 4:45 PM

Legora and Sirion have formed a strategic partnership to connect Legora’s agentic legal AI platform with Sirion’s AI-native contract lifecycle management platform, giving enterprise legal teams a unified workflow spanning legal research and contract intelligence.

NeoGenesis Capital Launches Fund Focused On Superintelligence And Synthetic Biology

By Amit Chowdhry ● Today at 4:42 PM

NeoGenesis Capital has launched as a venture capital firm focused on programmable biology at the intersection of superintelligence and synthetic biology and has announced the initial close of its first fund.

Engitix Appoints Former BioNTech Executive Ryan Richardson To Board Of Directors

By Amit Chowdhry ● Today at 4:39 PM

Engitix has appointed Ryan Richardson as an Independent Non-Executive Director as the biotechnology company advances its proprietary pipeline toward clinical development and expands its platform and partnership strategy.

Allswell Raises $7 Million Seed Led By Rethink Impact To Expand LGBTQ+ Behavioral Health Platform

By Amit Chowdhry ● Today at 4:36 PM

Allswell has raised $7 million in seed funding to expand its insurance-covered behavioral health platform for the LGBTQ+ community and continue building toward a broader medical home model. The round was led by Rethink Impact, with participation from Magnify Ventures, Ulu Ventures, and Hopelab Ventures. Existing investors Techstars and Amboy Street Ventures also participated. The financing follows a $1.3 million pre-seed round led by Amboy Street Ventures and brings Allswell’s total funding to $8.3 million.

Riverlane: Collaboration With NVIDIA Accelerates Quantum Error Correction Calibration With AI And GPUs

By Amit Chowdhry ● Today at 4:33 PM

Riverlane and NVIDIA are collaborating on the use of artificial intelligence and accelerated computing to make quantum error correction calibration faster and more adaptive as quantum systems scale.

Loop Capital Acquires Life Line Wealth Management Assets To Expand Athlete And Family Office Platform

By Amit Chowdhry ● Today at 4:31 PM

Loop Capital and Life Line Holdings have completed an asset transfer agreement covering specified assets from Life Line’s wealth management and family office businesses, expanding Loop’s wealth and family office platform for athletes, entertainers, entrepreneurs, executives, and families.

Tenable Closes $400 Million Senior Secured Revolving Credit Facility

By Amit Chowdhry ● Today at 4:29 PM

Tenable Holdings has entered into a new $400 million senior secured revolving credit facility, completing the refinancing of its previous credit agreement and providing additional flexibility for future capital allocation.

Ambio Raises €5.1 Million Seed Led By b2venture For AI-Native Recycled Plastics Procurement

By Amit Chowdhry ● Today at 4:27 PM

Ambio has raised €5.1 million in seed funding to expand its AI-native procurement platform for recycled plastics. The round was led by b2venture, with participation from Montis and existing investor Lifeline Ventures.

State Street Investment Management Launches Four New S&P 500 Market Sector ETFs

By Amit Chowdhry ● Today at 4:25 PM

State Street Investment Management has launched four new State Street S&P 500 Market Sector SPDR ETFs, expanding the sector ETF franchise the firm pioneered nearly three decades ago. The new funds are designed to provide cost-effective sector exposures that more closely reflect the composition of market-cap-weighted S&P 500 sector benchmarks.

IsDB And IFAD Aim To Mobilize $750 Million For Food Systems And Rural Transformation

By Amit Chowdhry ● Today at 4:22 PM

The Islamic Development Bank and the International Fund for Agricultural Development have signed a new Cooperation and Co-financing Agreement aimed at mobilizing up to $750 million for sustainable agricultural development, food systems, and rural transformation.

ParkourSC Acquires Quartic To Launch Unified AI Platform For Life Sciences Supply Chains

By Amit Chowdhry ● Today at 4:20 PM

ParkourSC has acquired Quartic, combining ParkourSC’s clinical and commercial supply chain AI capabilities with Quartic’s manufacturing AI technology to create a unified platform for regulated life sciences and healthcare.

Evos Raises $9 Million Pre-Seed Co-Led By Uncork Capital And Field Ventures For Autonomous Industrial Operators

By Amit Chowdhry ● Today at 4:19 PM

Evos has emerged from stealth with $9 million in pre-seed funding to expand its platform for building autonomous AI operators for small and mid-sized businesses across physical industries. The round was co-led by Uncork Capital and Field Ventures, with participation from Crosslink Capital, Utopia Capital Management, Sandwith Ventures, and angel investors. Evos plans to use the funding to grow its team and bring its autonomous operators to more businesses across industries including manufacturing, transportation, logistics, and other parts of the physical economy.

Marex Launches First Institutional QIS Indices For Bitcoin And Ethereum

By Amit Chowdhry ● Today at 4:14 PM

Marex Group has launched what it describes as the first Institutional Quantitative Investment Strategies indices focused on digital assets, introducing a new family of Marex Crypto Volatility Carry Indices.

Backstory Appoints Shilpa Varma As CTO To Lead Enterprise AI Engineering

By Amit Chowdhry ● Today at 4:11 PM

Backstory has appointed Shilpa Varma as Chief Technology Officer, bringing in an experienced enterprise software and AI engineering leader as the company scales its revenue intelligence platform with enterprise customers.

Salience Labs Raises $125 Million Series B Led By Bullhound Capital For AI Data Center Photonic Networking Chips

By Amit Chowdhry ● Today at 4:08 PM

Salience Labs has raised $125 million in an oversubscribed Series B funding round to scale its photonic networking technology for artificial intelligence data center infrastructure. The round was led by Bullhound Capital, with Principal Callum Stewart joining Salience Labs’ Board of Directors. AMD Ventures, Intel Capital, SBI Group, Hudson River Trading, and British Business Bank also participated, along with existing investors Applied Ventures, Oxford Science Enterprises, Cambridge Innovation Capital, and Silicon Catalyst Ventures.

Horizon3 Promotes Ellen Sundra To Chief Customer Officer As Customer Base Surpasses 7,000 Companies

By Amit Chowdhry ● Today at 4:06 PM

Horizon3 has promoted Ellen Sundra to Chief Customer Officer, expanding her responsibilities across six customer-facing functions as the cybersecurity company continues to scale its NodeZero Proactive Security Platform.

VestGen Wealth Partners Secures Growth Capital From Willow Tree

By Amit Chowdhry ● Today at 4:04 PM

VestGen Wealth Partners has secured growth capital from Willow Tree Credit Partners to support its continued acquisition strategy and expansion in the independent wealth management market. The investment provides VestGen with additional institutional capital as it pursues further M&A and builds its advisor succession platform.

New York Life Investment Management Names Rupal Shah As Head Of Insurance Solutions

By Amit Chowdhry ● Today at 4:03 PM

New York Life Investment Management has appointed Rupal Shah as Head Of Insurance Solutions, expanding its capabilities for insurance companies across public and private markets.