Innovation

Genergy Acquires Utility Research Associates To Expand Utility Data And Infrastructure Management Platform

By Amit Chowdhry ● Aug 13, 2026

Genergy has acquired Utility Research Associates, a provider of utility billing, utility data management, and sub-metering services for commercial real estate owners across the Northeast.

CONAM Fund IV Acquires 232-Unit Alicante Apartment Homes In Las Vegas

By Amit Chowdhry ● Aug 13, 2026

CONAM Strategic Investments Fund IV has acquired Alicante Apartment Homes, a 232-unit multifamily community in the Spring Valley submarket of Las Vegas.

Rivo Raises $3.1 Million To Build Autonomous Cash Management Platform

By Amit Chowdhry ● Aug 13, 2026

Rivo has raised $3.1 million in total funding and launched publicly with an autonomous cash management platform designed to automatically move consumers’ idle cash into higher-yielding assets.

QXO Begins Companywide Technology Upgrade As It Targets $50 Billion In Revenue

By Amit Chowdhry ● Aug 13, 2026

QXO has begun upgrading technology across its operations as the building products distributor works toward a long-term goal of reaching $50 billion in annual revenue and more than doubling EBITDA by 2030.

Nubank Tops $1 Billion In Quarterly Net Income For First Time

By Amit Chowdhry ● Aug 13, 2026

Nubank reached more than $1 billion in quarterly net income for the first time in its history during the second quarter of 2026 as customer growth, lending expansion and higher engagement continued to increase the scale of the digital banking platform.

Applied Materials Posts Record $9.12 Billion Revenue While Expanding R&D Capacity In Singapore

By Amit Chowdhry ● Aug 13, 2026

Applied Materials reported record quarterly revenue of $9.12 billion while expanding its manufacturing and R&D capacity in Singapore with a new $500 million campus as accelerating artificial intelligence infrastructure investment increases demand for advanced semiconductor manufacturing technology.

Xcel Brands’ Influencer Portfolio Reaches 46 Million Social Followers And 200 Million Households

By Amit Chowdhry ● Aug 13, 2026

Xcel Brands’ portfolio now reaches more than 46 million social media followers and approximately 200 million households through broadcast distribution as the company builds its strategy around influencer-led brands, livestream shopping and social commerce.

Thoma Bravo To Acquire Accelerant For More Than $4 Billion

By Amit Chowdhry ● Aug 13, 2026

Thoma Bravo has agreed to acquire Accelerant in an all-cash transaction with an enterprise value exceeding $4 billion, taking the data-driven specialty insurance platform private. Under the agreement, Accelerant Class A and Class B shareholders will receive $20.25 per share in cash, representing a 49% premium to the company’s closing share price on August 12, 2026.

Lemurian Labs: Interview With Founder And CEO Jay Dawani About Hardware-Agnostic AI Infrastructure

By Amit Chowdhry ● Aug 13, 2026

Lemurian Labs is building a hardware-agnostic, software-first AI infrastructure stack designed to allow AI workloads to run efficiently across CPUs, GPUs, TPUs, and accelerators from different vendors without hardware-specific rewrites. The company’s technology includes its Tachyon compiler and runtime, along with a proprietary logarithmic data type aimed at improving computational efficiency and memory usage. Pulse 2.0 interviewed Lemurian Labs Founder and CEO Jay Dawani to learn more.

Orange EV Secures $100 Million Credit Facility Led By Wells Fargo

By Amit Chowdhry ● Aug 13, 2026

Orange EV has entered into a $100 million revolving credit facility led by Wells Fargo Bank to support the continued expansion of its electric terminal truck, fleet services, and charging infrastructure businesses.

Vetspire Receives Significant Growth Investment From Battery Ventures And Names Zachary Seely CEO

By Amit Chowdhry ● Aug 13, 2026

Vetspire has received a significant growth investment from Battery Ventures to accelerate AI development and product innovation across its veterinary practice management platform.

Meduloc Raises $4 Million Series B Led By GenHenn Capital

By Amit Chowdhry ● Aug 13, 2026

Meduloc has raised $4 million in Series B funding to support the controlled commercialization of its FDA-cleared fracture fixation platform. GenHenn Capital led the financing, with participation from Life Sciences Greenhouse Investments, Ben Franklin Technology Partners of Southeastern Pennsylvania, Broad Street Angels, former Major League Baseball All-Star Andre Ethier, and additional existing and new investors.

Emerson Acquires Glue To Expand AI-Powered Test And Measurement Capabilities

By Amit Chowdhry ● Aug 13, 2026

Emerson has acquired Glue, a developer of AI-enabled test and validation software, to expand software-defined capabilities across its NI Test & Measurement portfolio. Glue developed Glue Studio, which provides specialized AI capabilities for test generation, test planning, and engineering validation.

Scrum Studio And Tokyu Land Select 13 Startups For Full Bloom 2026 Deeptech Program

By Amit Chowdhry ● Aug 13, 2026

Scrum Studio and Tokyu Land Corporation have selected 13 startups for Full Bloom 2026, a deeptech business co-creation program based at SAKURA DEEPTECH SHIBUYA in Tokyo. The participating startups come from Japan, Israel, the United Kingdom, the United States, and New Zealand, with technologies spanning AI, XR, avatars, holograms, audio, energy-generating flooring, cooling materials, skincare, biosensors, and next-generation communications.

Body Vision Medical Raises New Funding To Accelerate Global Expansion Of AI-Powered Intraoperative Imaging

By Amit Chowdhry ● Aug 13, 2026

Body Vision Medical has closed a new funding round to accelerate the global expansion of its AI-powered intraoperative imaging technology for the diagnosis and treatment of early-stage lung diseases. The financing was led by Business Asia Consultants and Sprim Global Investments.

Lummus Technology Acquires Shell Environmental Catalysts And Systems Assets

By Amit Chowdhry ● Aug 13, 2026

Lummus Technology has acquired intellectual property assets and experienced personnel from Shell Catalysts & Technologies’ Environmental Catalysts and Systems business to expand its environmental solutions platform.

ClaimsBridge Receives Strategic Investment From Eir Partners And Acquires DialysisPPO

By Amit Chowdhry ● Aug 13, 2026

ClaimsBridge has received a strategic investment from Eir Partners Capital and acquired DialysisPPO as the healthcare technology company expands its claims and medical cost management platform.

LUX Infusion Acquires Infuse IQ To Expand National Ambulatory Infusion Network

By Amit Chowdhry ● Aug 13, 2026

LUX Infusion has acquired Infuse IQ, a Wyoming-headquartered independent infusion therapy provider, as it continues building a national platform spanning ambulatory and home-based infusion services.

Newmark Acquires L+P Immobilienbewertung To Expand European Valuation Business

By Amit Chowdhry ● Aug 13, 2026

Newmark Group has acquired L+P Immobilienbewertungs to expand its Valuation & Advisory business in Europe. Founded more than 25 years ago, L+P is a German real estate valuation company with more than 40 professionals serving institutional customers across Europe. The firm provides valuation expertise across commercial, residential, and specialized real estate.

Acrab Raises $130 Million Series B To Advance Agentic AI Compute Platform

By Amit Chowdhry ● Aug 13, 2026

Acrab has raised $130 million in Series B funding to scale the commercialization of its full-stack computing platform for agentic AI systems as the company moves from technology development toward broader industrial deployment.

Triangle Group Raises $15 Million To Scale Asia-Pacific Live Entertainment Platform

By Amit Chowdhry ● Aug 13, 2026

Triangle Group has raised $15 million in equity and venture debt to expand its live touring and festival infrastructure across Asia-Pacific. The financing consists of a $10 million equity seed round led by DSG Consumer Partners, with participation from Golden Gate Ventures, the Oberoi Family Office, and angel investors, along with a $5 million venture debt facility from Genesis Alternative Ventures.

360training Acquires Seven Compliance Training Brands

By Amit Chowdhry ● Aug 13, 2026

360training has acquired select assets comprising seven specialized compliance training brands, expanding its portfolio across healthcare, workplace safety, food handling, hazardous materials, forklift operations, defensive driving, and transportation-related education.

Worldscape Raises $10 Million Seed Extension To Advance AI-Native Mission Engineering

By Amit Chowdhry ● Aug 13, 2026

Worldscape has raised a $10 million seed extension to expand its AI-native Decision Advantage Platform for government and mission engineering applications. Scout Ventures led the financing, with participation from Radius Capital.

Bluerock Value Exchange Launches $58.4 Million Industrial 1031 Exchange DST

By Amit Chowdhry ● Aug 13, 2026

Bluerock Value Exchange has launched BR Diversified Industrial Portfolio 8, an all-cash Delaware Statutory Trust offering seeking approximately $58.4 million from accredited investors. The offering represents BVEX’s 46th individual DST program and its eighth consecutive industrial-focused offering.

Ordway Secures $20 Million In Growth Capital To Accelerate AI Roadmap

By Amit Chowdhry ● Aug 13, 2026

Ordway has secured access to $20 million in additional equity and debt financing to expand its AI-powered billing, revenue management, and quote-to-cash platform. Harbert Growth Partners led the equity financing, while Western Alliance Bank’s Innovation Banking Group provided debt capital.

Khartis Therapeutics Raises $50 Million Series B, Bringing Total Funding To $95 Million

By Amit Chowdhry ● Aug 13, 2026

Khartis Therapeutics has raised $50 million in Series B funding to advance its pipeline of oral small molecule therapies targeting immunological and chronic diseases, bringing total capital raised to $95 million. Forge Life Science Partners led the round, with participation from Longwood Fund and Alexandria Venture Investments alongside existing investors Foresite Capital, Lilly Asia Ventures, and Nextech Invest.

Churchill Stateside Group Closes $4.85 Million Forward Permanent Loan For Azalea Park Apartments

By Amit Chowdhry ● Aug 13, 2026

Churchill Stateside Group has closed a $4.85 million forward permanent loan for Azalea Park Apartments, a 64-unit affordable housing community in Summerville, South Carolina.

Fiduciary Trust Company Names Doris Meister President And CEO

By Amit Chowdhry ● Aug 13, 2026

Fiduciary Trust Company has named Doris Meister President and CEO as part of a leadership transition at the 140-year-old private wealth management and trust firm. Meister succeeds Austin Shapard, who served as President and CEO for 12 years and will transition to an advisory position through the end of 2026.

Databricks Raises $5 Billion At $190 Billion Valuation As Revenue Run-Rate Tops $7 Billion

By Amit Chowdhry ● Aug 13, 2026

Databricks has raised $5 billion in strategic funding at a $190 billion valuation as the Data and AI company continues to report rapid growth across its enterprise AI platform. Coatue led the round, with participation from Blackstone, MGX, accounts advised by T. Rowe Price, and new investor Sixth Street Growth. Other new investors included BOND, Clearlake Capital, Point72, Premji Invest, and TPG, alongside existing investors including Andreessen Horowitz, Dragoneer, Fidelity Management & Research Company, GIC, Goldman Sachs Alternatives, Insight Partners, J.P. Morgan Private Capital, NEA, Ontario Teachers’ Pension Plan, Temasek, Thrive Capital, and WCM Investment Management.

FGI Industries’ U.S. Revenue Jumps 20.3% As Canada And Europe Remain Soft

By Amit Chowdhry ● Aug 13, 2026

FGI Industries reported a sharp divergence across its geographic markets in the second quarter of 2026, with U.S. revenue increasing 20.3% year-over-year while sales declined substantially in Canada and Europe.