Innovation

Voya Energy Raises $35 Million Series A As Metal Fuel System Targets 100 MW And 10 GWh Per Acre

By Amit Chowdhry ● Aug 27, 2026

Voya Energy has raised $35 million in Series A funding and unveiled an aluminum-based metal fuel system designed to provide large-scale electricity without combustion or dependence on the utility grid.

Nuveen: CPACE Lending Fund IV Tops $1 Billion First Close As Series Commitments Reach $3 Billion

By Amit Chowdhry ● Aug 27, 2026

Nuveen and Nuveen Green Capital have completed a first close exceeding $1 billion for Nuveen CPACE Lending Fund IV, bringing total commitments across the four-vintage fund series to approximately $3 billion since the strategy launched in 2023.

NTT DATA To Acquire Netgain, Creating Sweden’s Largest Pure-Play ServiceNow Company

By Amit Chowdhry ● Aug 27, 2026

NTT DATA has agreed to acquire Netgain AB and combine it with The Cloud People, creating what the company describes as Sweden's largest pure-play ServiceNow business. The acquisition is expected to close within weeks, subject to customary regulatory approvals and other closing conditions.

Arintra Raises $25 Million Series B As AI Revenue Platform Processes $5 Billion In Annual Claims

By Amit Chowdhry ● Aug 27, 2026

Arintra has raised $25 million in Series B funding to expand its AI-powered healthcare revenue assurance platform, bringing the company's total funding since inception to $51 million.

Swvl Raises $13 Million PIPE Led By Sawiris-Backed Coefficient As U.S. Expansion Begins

By Amit Chowdhry ● Aug 27, 2026

Swvl Holdings has entered into a definitive agreement for a $13 million private placement led by Coefficient, an investment firm backed by the Sawiris family, providing the mobility technology company with additional capital to accelerate its U.S. expansion, introduce new financial products and strengthen its balance sheet.

Perma-Pipe Secures Up To $139 Million Global Credit Facility From J.P. Morgan

By Amit Chowdhry ● Aug 27, 2026

Perma-Pipe International Holdings has closed a new global credit facility with J.P. Morgan providing up to $139 million of total financing capacity, giving the engineered piping and infrastructure company additional flexibility to support working capital, international expansion, and strategic investments.

Mountain Ridge Capital Provides $15 Million Senior Secured Facility For 70+ Store Apparel Retail Acquisition

By Amit Chowdhry ● Aug 27, 2026

Mountain Ridge Capital has closed a $15 million senior secured credit facility supporting the acquisition of an apparel retailer with more than 70 stores.

Perion Acquires PRN For Up To $12 Million, Adding In-Store Media Across Thousands Of Retail Locations

By Amit Chowdhry ● Aug 27, 2026

Perion has acquired in-store retail media company PRN for up to $12 million in cash, expanding its digital out-of-home and retail media capabilities across major North American retailers.

Quaise Energy Raises $180 Million Series B To Build First Superhot Geothermal Plant

By Amit Chowdhry ● Aug 27, 2026

Quaise Energy has closed a $180 million Series B financing round, including a $35 million strategic investment from Nabors Industries, bringing the geothermal technology company's total funding to $280 million. The financing will support Project Obsidian, which Quaise describes as the world's first commercial superhot geothermal power plant.

Core Scientific Secures $600 Million Credit Facilities From Morgan Stanley, JPMorgan, Goldman Sachs And TD

By Amit Chowdhry ● Aug 27, 2026

Core Scientific has secured $600 million of committed senior secured credit facilities designed to increase financial flexibility as the digital infrastructure company expands its high-density colocation business. The financing consists of a $100 million revolving credit facility and a $500 million letter of credit facility.

Avaloq Names Nidhi Singh Chief Product And Development Officer As Wealth Technology Roadmap Advances

By Amit Chowdhry ● Aug 27, 2026

Avaloq has appointed Nidhi Singh as Chief Product and Development Officer and a member of its Group Executive Board, effective September 7, strengthening the company's senior leadership across product strategy, engineering and technology development.

Balentine Acquires Valuation Growth Advisory In All-Stock Deal

By Amit Chowdhry ● Aug 27, 2026

Balentine has acquired Valuation Growth Advisory in an all-stock transaction, expanding the independent wealth manager's business advisory capabilities for entrepreneurs and multigenerational families. Balentine advises on more than $9 billion in assets.

Greycourt Names Mike Meehan CIO And Promotes Mark Thomas To Chief Investment Strategist

By Amit Chowdhry ● Aug 27, 2026

Greycourt has appointed Michael J. Meehan as Managing Director and Chief Investment Officer while promoting Mark Thomas to Chief Investment Strategist as the investment advisory firm expands its senior investment leadership.

Hilco Global Names Andrew Hede Vice Chairman Of Professional Services

By Amit Chowdhry ● Aug 27, 2026

Hilco Global has appointed Andrew Hede as Vice Chairman of Hilco Global Professional Services, adding a restructuring and transformation executive with more than 30 years of experience.

One iota: Interview With CEO Joe Till About Omnichannel Retail Technology

By Amit Chowdhry ● Aug 27, 2026

One iota develops retail technology that connects digital and physical shopping experiences through endless aisle solutions, in-store applications, and tools that give store teams access to inventory across multiple locations. Pulse 2.0 interviewed One iota CEO Joe Till to learn more.

Starship: Interview With VP Of Hardware Engineering Chris Smith About Autonomous Delivery Robots

By Amit Chowdhry ● Aug 27, 2026

Starship designs and operates fleets of six-wheeled autonomous robots that deliver food, groceries, and other supplies across suburban neighborhoods, cities, and industrial sites. Its delivery system combines fleet orchestration, Level 4 autonomous robots, and logistics operations to automate last-mile delivery. Pulse 2.0 interviewed Starship VP of Hardware Engineering Chris Smith to learn more.

Velocity Financial To Acquire Toorak Platform And Manage $3 Billion Loan Portfolio In $3.2 Billion Transactions

By Amit Chowdhry ● Aug 27, 2026

Velocity Financial has entered into a definitive agreement to acquire Toorak Capital's operating platform, while a third-party investment firm will separately acquire Toorak's approximately $3 billion portfolio of business-purpose loans.

Percent Names Bina Shetty CCO And Cecil Smart CCO As Private Credit Volume Tops $2 Billion And AUM Reaches $346.9 Million

By Amit Chowdhry ● Aug 27, 2026

Percent has appointed Bina Shetty as Chief Commercial Officer and Cecil Smart as Chief Credit Officer as the private credit platform expands its asset management business and surpasses $2 billion in total transaction volume.

Nvidia Reportedly Acquiring Hugging Face For $12.9 Billion

By Amit Chowdhry ● Aug 27, 2026

Nvidia has agreed to acquire Hugging Face for $12.9 billion, according to a report from The Information citing a person with knowledge of the agreement. The transaction would give Nvidia control of one of the most important platforms in the open-source artificial intelligence ecosystem.

Sempra Completes Ecogas Sale For Approximately $500 Million As $65 Billion Capital Plan Advances

By Amit Chowdhry ● Aug 27, 2026

Sempra has completed the sale of Ecogas México for approximately $500 million in proceeds as the energy infrastructure company continues to recycle capital into regulated utility investments in Texas and California.

Voly Acquires Oceanskies As Superyacht Platform Expands To 10,000+ Crew And 1,700 Vessels

By Amit Chowdhry ● Aug 27, 2026

Voly has acquired Oceanskies, bringing together two superyacht crew employment, payroll and compliance businesses and expanding the number of crew administered across the Voly platform to more than 10,000.

TowerBrook Partners With Rael To Scale Women’s Wellness Brand Across 40,000+ Retail Doors

By Amit Chowdhry ● Aug 27, 2026

TowerBrook Capital Partners has entered a strategic partnership with women's wellness company Rael to accelerate the brand's expansion across retail channels, products, and international markets. Rael focuses on holistic cycle care and offers feminine care, skincare, and hormonal wellness products.

August Energy And Energeia Launch $100 Million Energy Efficiency Infrastructure Platform In India

By Amit Chowdhry ● Aug 27, 2026

August Energy and Energeia have launched a $100 million infrastructure partnership aimed at financing energy efficiency projects across commercial buildings and industrial facilities in India.

Merchant Opportunities Fund Expands BMO-Led Credit Facility To $240 Million As Capital Deployment Tops $1.4 Billion

By Amit Chowdhry ● Aug 27, 2026

Merchant Opportunities Fund has expanded its syndicated revolving credit facility from $165 million to $240 million, providing additional capacity for the Vancouver-based private debt fund's specialty finance investment strategy.

Legato Raises $12 Million To Launch AI Hearing Glasses Targeting $15 Billion Hearing Device Market

By Amit Chowdhry ● Aug 27, 2026

Legato has emerged from stealth with $12 million in funding and unveiled Legato Frames, AI-powered hearing glasses designed to integrate hearing assistance directly into everyday eyewear. The financing came from Neotribe Ventures, Listen, and Village Global.

Stability AI Raises $76 Million Series B With EA, Sony, UMG And Warner Music Backing

By Amit Chowdhry ● Aug 27, 2026

Stability AI has raised $76 million in Series B funding, bringing the generative AI company's total financing under CEO Prem Akkaraju to $232 million across two equity rounds and convertible notes.

StepStone Group Raises $1.7 Billion For Infrastructure Secondaries Fund And Related Accounts

By Amit Chowdhry ● Aug 27, 2026

StepStone Group has closed its infrastructure secondaries fund, raising a total of $1.7 billion across the fund and related separate accounts.

Iowa State University: Interview With Professor Dr. Zengyi Shao About The Continuous Taylor Vortex Fermentor-Extractor-Separator

By Amit Chowdhry ● Aug 27, 2026

Iowa State University Professor Dr. Zengyi Shao leads research focused on engineering microbial species to convert low-cost feedstocks into value-added chemicals and bioproducts. In collaboration with Professor Dennis Vigil, a compact Continuous Taylor Vortex Fermentor-Extractor-Separator is being developed, which combines fermentation, product extraction, and centrifugal separation within a single system. Pulse 2.0 interviewed Iowa State University Professor Dr. Zengyi Shao to learn more.

NVIDIA: Operating Income Jumps 124% To $63.7 Billion As Revenue Doubles And Q3 Outlook Hits $108 Billion

By Amit Chowdhry ● Aug 26, 2026

NVIDIA reported another massive acceleration in fiscal second-quarter 2027 financial results, with operating income more than doubling as revenue surged past $96 billion and gross profit reached more than $72 billion.

Flint Rehab Launches $99-Per-Month Remote Neuro Recovery Program For Stroke And Brain Injury Survivors

By Amit Chowdhry ● Aug 26, 2026

Flint Rehab has launched a $99-per-month Remote Neuro Recovery Program designed to help people recovering from strokes, brain injuries and other neurological conditions continue rehabilitation after in-person therapy ends or becomes limited.