Innovation

En Carta Diagnostics Raises €5 Million To Advance At-Home Molecular Diagnostics Platform

By Amit Chowdhry ● Jul 12, 2026

En Carta Diagnostics announced a €5 million funding round to advance its molecular diagnostics platform and support its commercial launch. The round combines investment led by Blue Forest Ventures, participation from Ring Capital, and support from existing investors CentraleSupélec Venture and 50 Partners Health. The financing also includes non-dilutive funding from Bpifrance and other partners.

Equinox Gold Sells Versamet Royalties Shares For C$130 Million

By Amit Chowdhry ● Jul 12, 2026

Equinox Gold announced that it sold an aggregate of 8,713,000 common shares of Versamet Royalties through a block trade with National Bank Financial. The sale generated aggregate gross proceeds of C$130 million for Equinox Gold. The company said it holds its Versamet shares for investment purposes.

Vista Equity And Quinti Capital Reportedly Offer To Acquire Criteo

By Amit Chowdhry ● Jul 12, 2026

Vista Equity Partners and Quinti Capital have reportedly submitted an offer to acquire Criteo, the French advertising technology company. According to Reuters, the firms made an offer last week that valued Criteo at more than a 50% premium to its recent share price. The report cited two people familiar with the matter who were not identified because the information is not public.

CenterGate Capital Invests In Canadian Dental Labs

By Amit Chowdhry ● Jul 12, 2026

CenterGate Capital announced that its affiliate made an investment in Canadian Dental Labs, a Toronto-based dental laboratory platform and manufacturer of dental prosthetics and orthodontic appliances.

HR Path Closes Nearly $1 Billion Transaction With Ardian To Accelerate International Growth

By Amit Chowdhry ● Jul 12, 2026

HR Path announced it closed a transaction worth nearly $1 billion in partnership with Ardian to accelerate its international growth and acquisition[object Object] strategy. The transaction is designed to help HR Path strengthen its position as a global player in HR transformation. HR Path is a global provider of HR consulting, HRIS implementation, and HR process outsourcing services.

Banyan Software Acquires HMM

By Amit Chowdhry ● Jul 12, 2026

Banyan Software announced that it acquired HMM Germany, a B2B eHealth platform that helps health insurers, medical-device makers, and healthcare providers manage the approval, billing, and payment of medical aids.

American Express Breaks Ground On New Global Headquarters At 2 World Trade Center

By Amit Chowdhry ● Jul 12, 2026

American Express hosted a groundbreaking ceremony for its new global headquarters at 2 World Trade Center in Lower Manhattan. The ceremony marked the recent construction start of the new American Express Tower, which will span nearly two million square feet and stand nearly 1,250 feet tall. American Express expects to begin welcoming colleagues to the new building in 2031.

Gradium Raises Funding To $100 Million And Expands To Silicon Valley

By Amit Chowdhry ● Jul 12, 2026

Gradium announced that it extended its funding to $100 million just seven months after launch. The extension of the company’s seed financing includes new investors such as NVIDIA.

Spartan Capital Secures $160 Million Senior Credit Facility To Expand SMB Funding

By Amit Chowdhry ● Jul 12, 2026

Spartan Capital announced that it closed a new senior credit facility with a leading specialty finance lender. The facility provides $60 million at closing and can grow by an additional $100 million, giving Spartan Capital up to $160 million of total funding capacity.

Park Aerospace Appoints John Jamieson As Senior Vice President And General Manager

By Amit Chowdhry ● Jul 12, 2026

Park Aerospace announced the election of John Jamieson to the newly created position of Senior Vice President and General Manager of the company.

AT&T And Ericsson Demonstrate Drone Detection Outside AT&T Stadium Using 5G Network Sensing

By Amit Chowdhry ● Jul 12, 2026

AT&T and Ericsson demonstrated drone detection using advanced network sensing over a 5G network outside AT&T Stadium in Arlington, Texas. The demonstration showed how capabilities often associated with future 6G systems can begin emerging through advanced 5G infrastructure today.

Bank CMG Acquiring Farmers Savings Bank

By Amit Chowdhry ● Jul 12, 2026

Bank CMG announced the completion of its acquisition of Farmers Savings Bank, bringing together two Wisconsin community banks with a shared focus on customer service, local decision-making, and community investment.

StoneTree Investment Partners Investing In Wilbar Group

By Amit Chowdhry ● Jul 12, 2026

StoneTree Investment Partners, a private equity firm focused on lower-middle-market industrial businesses, announced that it has completed a strategic investment in Wilbar Group, a leading North American designer and manufacturer of premium aboveground and semi-inground swimming pools. The financial terms of the transaction were not disclosed.

Lissi Raises €3.5 Million To Expand EUDI Wallet Infrastructure For Europe’s Financial Sector

By Amit Chowdhry ● Jul 12, 2026

Lissi, a European provider of digital identity and European Union Digital Identity Wallet integration infrastructure, has raised €3.5 million in a funding round led by early-stage venture capital firm Ventech.

Oxylabs Raises $130 Million At $3.6 Billion Valuation From Warburg Pincus

By Amit Chowdhry ● Jul 12, 2026

Oxylabs, a data infrastructure platform supporting artificial intelligence applications and large-scale web intelligence operations, announced a $130 million investment from Warburg Pincus. The transaction values the Vilnius, Lithuania-based company at approximately $3.6 billion.

Bohr Energie Raises €10 Million Series A To Expand Renewable Energy Optimization Platform

By Amit Chowdhry ● Jul 12, 2026

Bohr Energie announced that it raised €10 million in Series A funding. The round was led by Suma Capital, with participation from IRDI Capital Investissement, Grand Sud Ouest Capital, Groupe Crédit Agricole, and existing investors Varsity, Founders Future, and AFI Ventures.

Piq Energy Raises $5 Million Seed To Help Unlock North America’s Grid Bottleneck

By Amit Chowdhry ● Jul 12, 2026

Piq Energy announced that it raised an oversubscribed $5 million seed financing round. The round was led by Active Impact Investments, with participation from Cisco Foundation, Mobilize AI x Energy Ventures, New Climate Ventures, Ascent Energy Ventures, Umami Capital, CLAI Ventures, and 9Zero.

Seattle Seahawks: Estate Of Paul G. Allen Reaches Agreement To Sell Team To Khosla Family In $9.612 Billion Deal

By Amit Chowdhry ● Jul 12, 2026

The Estate of Paul G. Allen announced that it entered into a formal sale agreement with an ownership group led by the Khosla family, including Vinod Khosla, for the Seattle Seahawks NFL franchise. The deal was undisclosed but ESPN's Adam Schefter reported that it was for $9.612 billion.

RISR Partners With OnePoint BFG Wealth Partners to Expand Business Owner Planning Capabilities

By Amit Chowdhry ● Jul 12, 2026

RISR has entered into a partnership with OnePoint BFG Wealth Partners to provide the wealth advisory firm with specialized technology designed to help financial advisors better serve entrepreneurs and privately held business owners.

Everforth Completes Refinancing And Expands Revolving Credit Facility To $600 Million

By Amit Chowdhry ● Jul 12, 2026

Everforth announced the completion of a refinancing transaction that increases its revolving credit facility from $500 million to $600 million, providing the technology and digital engineering company with additional financial flexibility to support its long-term growth strategy.

Palm Beach Capital Invests In NELSON Worldwide To Expand National Architecture And Design Platform

By Amit Chowdhry ● Jul 12, 2026

Palm Beach Capital Fund VI has made a strategic investment in NELSON Worldwide through United Design Partners, advancing its strategy of building an integrated national architecture and design services platform. Financial terms of the transaction were not disclosed.

DXP Enterprises Expands ABL Revolver To $225 Million

By Amit Chowdhry ● Jul 12, 2026

DXP Enterprises announced that it has expanded its asset-based revolving credit facility from $185 million to $225 million, increasing its borrowing capacity by $40 million and providing additional financial flexibility to support its organic growth, acquisition strategy, and ongoing investments in the business.

Apollo Makes Higher £5.7 Billion Offer For EasyJet, Topping Castlelake Bid

By Amit Chowdhry ● Jul 12, 2026

EasyJet received a surprise takeover proposal from Apollo Global Management that values the U.K. budget airline at about £5.7 billion ($7.7 billion), according to Bloomberg. The offer represents a major twist in the ongoing takeover battle for EasyJet.

Blue Wolf Capital Appoints Anne Bailey As Lead Operating Partner

By Amit Chowdhry ● Jul 12, 2026

Blue Wolf Capital Partners announced that Anne Bailey has been appointed Lead Operating Partner and will join the firm’s senior leadership team. In this role, Bailey will lead Blue Wolf’s Operating Partners and work closely with portfolio company management teams across the firm’s healthcare and industrials investments.

TibaRay Advances Galactica Cancer Treatment Systems Toward Clinical Deployment

By Amit Chowdhry ● Jul 12, 2026

TibaRay announced that its first Galactica cancer treatment systems have entered manufacturing. The milestone moves the Silicon Valley medical technology company’s next-generation radiotherapy platform closer to clinical deployment.

Wonderdog Launches With $5 Million Pre-Seed To Bring At-Home Blood Testing And AI Health Intelligence To Preventive Dog Care

By Amit Chowdhry ● Jul 11, 2026

Wonderdog, a Los Angeles and New York–based preventive health platform for dogs, has launched publicly and announced $5 million in pre-seed funding led by consumer venture capital firms WndrCo and Maveron. The company combines at-home blood diagnostics measuring more than 40 biomarkers with an AI-powered health tracking app, positioning itself as the long-term health intelligence layer for dog owners who want to catch disease before symptoms appear rather than after.

TJM Labs Reveals $100 Million Raised Across Three Rounds, 450+ Live Pharmacies, And Two Acquisitions

By Amit Chowdhry ● Jul 11, 2026

TJM Labs, a pharmacy AI platform automating operational workflows for pharmacies, has disclosed $100 million raised across three funding rounds completed in approximately six months: a $10 million Series A, a $15 million Series A-1 and a $75 million Series B led by Elephant, with participation from Arthur Ventures and Updata Partners.

Cableteque Raises $6 Million Seed To Bring AI-Powered Digital Operating System To The $100 Billion Wire Harness Industry

By Amit Chowdhry ● Jul 11, 2026

Cableteque, a Huntington Beach, California–based software company building what it describes as the first comprehensive digital operating system for the wire harness manufacturing industry, has closed a $6 million seed round backed by 11 Tribes Ventures, PHX Ventures and Mudita Ventures. The funding arrives during a period of rapid growth: the company reports 300% year-to-date expansion and says it is on track to double that volume by year-end, across customers ranging from agile SMB shops to multi-billion-dollar tier-1 enterprise manufacturers.

Meta Launches Muse Spark 1.1, A Multimodal Reasoning Model Built For Agentic Tasks

By Amit Chowdhry ● Jul 11, 2026

Meta Superintelligence Labs has released Muse Spark 1.1, a significant upgrade to Muse Spark and the latest model from the research division Meta created to pursue its personal superintelligence vision. Muse Spark 1.1 is a multimodal reasoning model built for agentic tasks, with major performance gains in tool use, computer use, coding, and multimodal understanding. The model is now available in "Thinking" mode in the Meta AI app and on meta.ai, and is accessible to developers via the Meta Model API, currently in public preview.

Kaon AI Raises Series B To Build A Vertically Integrated “Customization Engine” For AI‑Native Entertainment

By Amit Chowdhry ● Jul 11, 2026

Kaon AI, a generative AI platform and research lab building interactive entertainment experiences, has closed a Series B round backed by B Capital, Redpoint Ace, Goodwater Capital and DCM. The funding, whose size is undisclosed but reported by Variety and others to be around $60 million, will fuel Kaon’s push to define a new content engine for the generative AI era, built on long‑horizon, hyper‑personalized narratives rather than static recommendations.