Innovation

Skapion Raises $36 Million Seed To Build Next-Generation Defense Systems

By Amit Chowdhry ● Jul 13, 2026

Skapion announced a $36 million seed funding round to support the development of next-generation defense systems. The company said the funding will help advance its work on technologies designed to protect against current and emerging adversary threats. Skapion is positioning its platform around the need for defense capabilities that can evolve as threats become more complex.

Samsung Reportedly Developing Dedicated AI Chip For PCs

By Amit Chowdhry ● Jul 13, 2026

Samsung is reportedly developing a dedicated AI accelerator for PCs as demand grows for local generative AI workloads on laptops and desktops. The chip is reportedly being developed by Samsung’s LSI division under the codename GAIA.

Ravee Optics Secures $6 Million Seed To Move More Data Across Satellite Networks

By Amit Chowdhry ● Jul 13, 2026

Ravee Optics announced an oversubscribed $6 million seed funding round to advance laser communication systems designed to move large volumes of data across satellite networks. The round was led by BIG Capital, a Vietnam-based investment firm with several space technology investments. JobsOhio Ventures and CincyTech also participated in the financing.

Agenus Announces Up To $340 Million Private Placement To Advance ROBBIN Trial

By Amit Chowdhry ● Jul 13, 2026

Agenus announced that it entered into a securities purchase agreement for an oversubscribed private placement of approximately $85 million in upfront gross proceeds and up to an additional $255 million if purchase warrants are fully exercised.

Drug Farm Completes First Closing Of $55 Million Series D Financing

By Amit Chowdhry ● Jul 13, 2026

Drug Farm announced the successful first closing of its $55 million Series D financing to advance its clinical and preclinical development pipeline. The round was co-led by Shanghai Pudong Leading Area Investment Center and Shanghai Puxing Collaborative Private Equity Fund Partnership Enterprise. New investors in the financing included Tukar Capital, Fuzhou Xinhe Fund, Shenzhen Luohu Donghai Chempartner Investment Fund, and Keyuan Pharma. Existing investors also participated, including BioVeda China Fund, YD Capital, Jiashan State VC, Detong Capital, Wedo Capital, and Biometas.

OB Streem Acquires Med Frigo

By Amit Chowdhry ● Jul 13, 2026

H.I.G. Capital announced that its portfolio company OB Streem completed the acquisition of Med Frigo, a European provider of temperature-controlled transportation and logistics services.

Mill Point Capital Completes Acquisition Of Total Safety Supplies & Solutions

By Amit Chowdhry ● Jul 13, 2026

Mill Point Capital announced that it completed the acquisition of Total Safety Supplies & Solutions, a distributor of industrial maintenance, repair, and operations products, including safety products and personal protective equipment.

CloudWalk: Interview With Chief Growth Officer Ricardo Cici About The Fintech Company

By Amit Chowdhry ● Jul 13, 2026

CloudWalk is a financial technology company that operates an AI-first platform and blockchain infrastructure, offering digital banking, credit, and payment solutions such as InfinitePay for merchants and JIM.com for consumers. Pulse 2.0 interviewed CloudWalk Chief Growth Officer Ricardo Cici to learn more.

Vanta: Interview With CRO Stevie Case About The Automated Trust Management Platform

By Amit Chowdhry ● Jul 13, 2026

Vanta is an automated trust management platform that helps companies streamline security compliance (such as SOC 2, ISO 27001, and GDPR), manage risk, and demonstrate security posture to customers. Pulse 2.0 interviewed Vanta Chief Revenue Officer Stevie Case to learn more.

AkzoNobel Says Nippon Paint’s €7.5 Billion Offer Significantly Undervalues Decorative Paints Business

By Amit Chowdhry ● Jul 13, 2026

AkzoNobel confirmed that it has received multiple conditional and non-binding proposals from Nippon Paint Holdings regarding a potential acquisition of its Decorative Paints business at an indicative enterprise valuation of €7.5 billion.