Pulse 2.0

Franklin Resources Reports $1.79 Trillion In Preliminary Month-End AUM

Vertex Acquiring Crinetics Pharmaceuticals For $10 Billion

Control Devices Acquires Solenoid Solutions

Expeditions Closes €197 Million Fund II To Back European Security Technologies

LPL Financial: $170 Million Firm Haskin Private Wealth Advisors Joins Independent Advisor Network

Proxima Fusion Raises €411 Million At €2.4 Billion Valuation

By Amit Chowdhry ● Today at 12:02 PM

Proxima Fusion announced a €411 million ($468 million) financing round. The round brings the company’s valuation to €2.4 billion ($2.7 billion) and establishes Proxima Fusion as the best-funded fusion company in Europe.

The AmeriFlex Group Adds More Than $1.7 Billion In Client Assets In First Half Of 2026

By Amit Chowdhry ● Today at 11:58 AM

The AmeriFlex Group announced that it welcomed 18 advisors representing more than $1.7 billion in total client assets to its platform during the first half of 2026. The firm is an advisor-owned hybrid RIA known for its planning-first approach and succession solutions.

LPL Financial Onboards $380 Million Advisor David Logsdon

By Amit Chowdhry ● Today at 11:42 AM

LPL Financial announced that David Logsdon has joined the firm’s broker-dealer and Registered Investment Advisor platform. Logsdon reported serving approximately $380 million in advisory, brokerage, and retirement plan assets. Logsdon joins LPL from Wells Fargo Advisors. He is based in the Sun Valley, Idaho area and is the founder of Summit Ridge Financial Advisors.

Choreo Acquires Assets Of $700 Million Firm Resource Financial Group

By Amit Chowdhry ● Today at 11:24 AM

Choreo announced that it acquired substantially all the assets of Resource Financial Group. RFG is a Wilmette, Illinois-based registered investment adviser with approximately $700 million in assets under management as of April 30, 2026.

Carson Group Acquired $201 Million Firm FFR Wealth Team

By Amit Chowdhry ● Today at 11:19 AM

Carson Group announced the acquisition of FFR Wealth Team, which has transitioned into an integrated Carson Wealth office. The Covington, Kentucky-based team serves approximately $201 million in assets under management.

inKind: Liberty Mutual Investments Commits $320 Million To Support Restaurant Growth

By Amit Chowdhry ● Today at 11:17 AM

Liberty Mutual Investments announced a strategic financing partnership with inKind, a restaurant commerce enablement platform and technology company. LMI provided more than $320 million in financing, serving as both a senior and mezzanine lender.

Beeline Medicines Raises $426.3 Million Series A To Advance Autoimmune And Inflammatory Disease Portfolio

By Amit Chowdhry ● Today at 11:13 AM

Beeline Medicines announced the closing of a $126.3 million Series A extension. The new funding brings the company’s total Series A financing round to $426.3 million. The extension adds to Beeline Medicines’ previously announced $300 million Series A financing. The funding came from existing shareholders and investors, including Bain Capital, Canada Pension Plan Investment Board, Bristol Myers Squibb, and certain members of the company’s management team.

Arato Raises $10 Million Seed Round To Improve AI Quality Assurance

By Amit Chowdhry ● Today at 11:10 AM

Arato announced that it has raised a $10 million seed round. The round was led by TLV Partners. Jibe Ventures also participated in the financing. Additional backers included a16z’s Raghu Raghuram, the former CEO of VMware, and Marianna Tessel, the former CTO of Intuit.

Keyfactor Raises Over $1 Billion Strategic Growth Investment Led By Summit Partners

By Amit Chowdhry ● Today at 10:37 AM

Keyfactor announced a strategic growth investment of more than $1 billion led by Summit Partners. The company said the investment reflects rising urgency around machine identity security and the growing importance of trust infrastructure for enterprises operating in the AI and post-quantum era.

Even Realities Raises $150 Million At $1 Billion Valuation To Build AI Smart Glasses

By Amit Chowdhry ● Today at 10:30 AM

Even Realities Technology raised $150 million in a pre-Series B funding round. The round valued the Chinese smart-glasses company at $1 billion. The financing included investors such as Meituan and Tencent. The funding makes Even Realities a unicorn as it looks to compete in the AI wearable market.

Quaise Energy Raises $134 Million Series B Initial Close To Build Superhot Geothermal Power Plant

By Amit Chowdhry ● Today at 10:19 AM

Quaise Energy announced the initial close of its Series B financing, raising $134 million. The round was led by Prelude Ventures, with strategic investments from JERA and Idemitsu, two of Japan’s largest energy companies. Nearly all existing investors, including Safar Partners, also participated in the round. The Series B brings Quaise Energy’s total funding raised to date to $230 million, with additional equity and debt capital expected to close soon.

Spense Raises $2.8 Million Seed Round To Build Agentic Credit Infrastructure

By Amit Chowdhry ● Yesterday at 4:35 PM

Spense announced that it has raised a $2.8 million seed round. The round was led by Arkam Ventures, with participation from Razorpay, GrowthCap Ventures, AtriumVC, and a group of operators and angel investors.

Aylight Raises €4.5 Million Pre-Seed To Address AI’s Optical Bottleneck

By Amit Chowdhry ● Yesterday at 4:27 PM

Aylight announced that it has raised €4.5 million in pre-seed funding. The company is developing laser technology designed to address the optical bottleneck created by the rapid scaling of AI infrastructure. The round was co-led by Elaia and Swisscom Ventures. Verve Ventures and Plug and Play also participated in the financing.

Storika Closes Seed Round To Scale AI-Native Creator Marketing Platform

By Amit Chowdhry ● Yesterday at 4:24 PM

Storika announced the closing of a seed funding round to scale its AI-native creator marketing platform. The round terms were not disclosed. The round included a strategic investment from Amorepacific. Additional participants included Schmidt, Hustle Fund, BonAngels Venture Partners, and Krew Capital.

Permutable: Interview With Founder & CEO Wilson Chan About How The Company Is Turning Real-Time Narratives Into Market Intelligence

By Amit Chowdhry ● Yesterday at 3:01 PM

Permutable is a London-based AI-driven market intelligence company that analyzes global narratives, macroeconomic developments, and real-time news flows to generate explainable market intelligence for institutional investors, hedge funds, and commodities trading teams. Pulse 2.0 interviewed Permutable founder and CEO Wilson Chan to learn more.

H.I.G. Capital Is Acquiring A Majority Stake In TERRAS

By Amit Chowdhry ● Yesterday at 2:50 PM

H.I.G. Capital announced that one of its affiliates has entered into a definitive agreement to acquire a majority stake in TERRAS Group. Financial terms of the transaction were not disclosed.

Thales Acquiring Exail For €3.9 Billion

By Amit Chowdhry ● Yesterday at 2:46 PM

Thales announced that it has signed a binding agreement to acquire the Gorgé family concert’s combined 35.51% stake in Exail Technologies. The transaction is being pursued with a view to acquiring 100% of Exail through a mandatory tender offer at €134 per share.

American Clean Resources Group Receives LOI For Up To $40 Million In Joint Development Capital

By Amit Chowdhry ● Yesterday at 2:42 PM

American Clean Resources Group announced that it has received a Letter of Intent from Elko Heat Company for up to $40 million in joint development capital. The capital is intended to support ACRG’s pursuit of a Bureau of Land Management Solar Energy Zone competitive lease and related solar development activities at the company’s Millers Property in Esmeralda County, Nevada.

Codis Acquiring Catalent’s Nottingham UK Facility

By Amit Chowdhry ● Yesterday at 2:39 PM

Codis announced an agreement to acquire Catalent Pharma Solutions’ facility in Nottingham, UK. The transaction is expected to close in the third quarter of this year, subject to customary closing conditions.

Linea Energy And Crux Close Financing For 172 MWdc Michigan Solar Project

By Amit Chowdhry ● Yesterday at 2:37 PM

Linea Energy announced the closing of a tax equity financing with Crux for its Watertown solar project. Watertown is a 172 MWdc utility-scale solar energy facility located in Sanilac County, Michigan.

Flathead Forge Invests In NALA Membranes To Advance Chlorine-Stable Water Treatment Technology

By Amit Chowdhry ● Yesterday at 2:32 PM

Flathead Forge Fund 1 announced that it has invested in NALA Membranes, a North Carolina developer of chlorine-stable membranes for industrial water purification and reuse. Financial terms of the investment were not disclosed.

Oceaneering Increases Revolving Credit Facility To $345 Million

By Amit Chowdhry ● Yesterday at 2:27 PM

Oceaneering International announced that it has entered into an amendment to its senior secured revolving credit facility. The amendment increases total commitments under the facility from $215 million to $345 million, giving the company a larger pool of available capital to support its business needs.

Wintrust Buying Northern Trust’s Guardianship Services Business

By Amit Chowdhry ● Yesterday at 2:23 PM

Northern Trust and Wintrust Financial announced that Wintrust Private Trust Company has entered into an agreement to purchase Northern Trust’s guardianship services business. The transaction is expected to close later this year, and financial terms were not disclosed.

CohnReznick Acquires HL&B

By Amit Chowdhry ● Yesterday at 1:55 PM

CohnReznick announced the strategic acquisition of Houston-based Ham, Langston, & Brezina, effective July 1, 2026. The acquisition expands CohnReznick’s presence in Texas and adds three offices in the Houston market.

Novartis Acquiring Myricx Bio For Up To $1.5 Billion

By Amit Chowdhry ● Yesterday at 1:53 PM

Sofinnova Partners announced that its portfolio company Myricx Bio has reached an agreement to be acquired by Novartis. The deal is valued at up to $1.5 billion, including $1.1 billion in cash upfront plus potential milestone payments.

Coral Connect Acquires AdvisorWoRx

By Amit Chowdhry ● Yesterday at 1:52 PM

Coral Connect announced that it has acquired AdvisorWoRx, a strategic healthcare consulting firm founded and led by Edie Gigot. Financial terms of the transaction were not disclosed.

Goldman Sachs Appoints Evan Kotsovinos As Head Of Asset & Wealth Management Engineering

By Amit Chowdhry ● Yesterday at 1:50 PM

Goldman Sachs announced that Evan Kotsovinos has joined the firm as a Partner and head of Asset & Wealth Management Engineering. In this role, he will work with teams across Asset & Wealth Management and the broader Goldman Sachs Engineering organization.

Banzai Acquires ConnectAndSell For $13.2 Million

By Amit Chowdhry ● Yesterday at 1:48 PM

Banzai International announced that it has completed its previously announced acquisition of substantially all assets of ConnectAndSell. The acquisition became effective on July 2, 2026.

Alberta Cancer Foundation Invests C$35 Million To Advance Cancer Clinical Trials

By Amit Chowdhry ● Yesterday at 1:46 PM

The Alberta Cancer Foundation announced that it is investing C$35 million to advance cancer clinical trials in Alberta. The funding represents one of the largest clinical trial investments over a five-year period in the foundation’s history.

Hometown Financial Group To Acquire Primary Bank For $160 Million

By Amit Chowdhry ● Yesterday at 1:45 PM

Hometown Financial Group announced that it has entered into a merger agreement to acquire Primary Bank, a publicly traded commercial bank based in Bedford, New Hampshire. The transaction is valued at approximately $160 million and will expand Hometown’s presence in southern New Hampshire.