Innovation

H.I.G. Growth Completes Strategic Investment In Rewind

By Amit Chowdhry ● Jul 31, 2026

H.I.G. Growth Partners has completed an investment in Rewind Software Inc., a SaaS resilience platform delivering backup and recovery, business continuity, and data governance services. H.I.G. Growth is the growth capital investment affiliate of H.I.G. Capital, which has $75 billion of capital under management.

Carrier To Sell NORESCO To OPTERRA Energy Services

By Amit Chowdhry ● Jul 31, 2026

Carrier Global Corporation has signed a definitive agreement to sell its NORESCO business to OPTERRA Energy Services, a subsidiary of LS Power. The agreement covers Carrier's energy services and performance contracting business, and the transaction is expected to close shortly, subject to customary conditions.

KGK Science Receives Growth Investment Led By Maxim Partners

By Amit Chowdhry ● Jul 31, 2026

KGK Science Inc. has received a growth investment led by Maxim Partners. Financial terms were not disclosed.

Strategic Value Partners To Acquire Minority Stake In South Field Energy

By Amit Chowdhry ● Jul 31, 2026

Strategic Value Partners has agreed to acquire a minority equity interest in South Field Energy, a 1,182-megawatt natural gas-fired combined-cycle generation facility in Columbiana County, Ohio. Financial terms were not disclosed.

RKD Group Acquires Whiteboard

By Amit Chowdhry ● Jul 31, 2026

RKD Group has acquired Whiteboard, an award-winning creative agency. The acquisition brings together an established fundraising and marketing services firm with an agency known for combining strategy, creativity, and technology in service of storytelling for mission-driven organizations.

Yoodli Appoints Former Meta And Coalition Product Leader Kartik Murthy As VP Of Product

By Amit Chowdhry ● Jul 31, 2026

Yoodli has appointed Kartik Murthy as Vice President of Product. Murthy officially joined the company July 27, 2026 and will lead product strategy as Yoodli scales its platform for global revenue teams. He brings more than 17 years of product leadership spanning AI, consumer software, hardware, and learning.

EigenQ Appoints Mark Pecen As Vice Chairman And Promotes Alexander Truskovsky To Chief Information Security Officer

By Amit Chowdhry ● Jul 31, 2026

EigenQ has appointed Mark Pecen as Vice Chairman and promoted Alexander Truskovsky to Chief Information Security Officer. The appointments were announced ahead of EigenQ's proposed merger with Silicon Valley Acquisition Corp.

Nexus Acquires Telemetrix RPM, Extending The Clinical Care Operating System From The Hospital To The Home

By Amit Chowdhry ● Jul 31, 2026

Nexus, formerly Nexus Bedside, has acquired Telemetrix RPM, a remote patient monitoring and chronic care management company. The acquisition closed July 23, 2026, in Cleveland. Financial terms were not disclosed.

Katalyst Strengthens Its Platform With The Acquisition Of Layer27

By Amit Chowdhry ● Jul 31, 2026

Katalyst has acquired Layer27, a Durham, North Carolina-based managed services and cybersecurity provider. The acquisition is Katalyst's first tuck-in acquisition since partnering with e4n in May 2026.

Cloud For Good Acquires StackNexus To Expand State & Local Government Capabilities

By Amit Chowdhry ● Jul 31, 2026

Cloud for Good, a Salesforce consulting partner focused on education, nonprofit, and financial services sectors, has acquired StackNexus, a firm specializing in Salesforce solutions for the state and local public sector. The acquisition expands Cloud for Good's ability to support the transformation of public sector services.

Alma Bank To Acquire American Community Bank

By Amit Chowdhry ● Jul 31, 2026

Alma Bank, American Community Bancorp, Inc. and American Community Bank have entered into a definitive Agreement and Plan of Merger pursuant to which Alma Bank will acquire American Community Bank. Upon completion, American Community Bank will merge into Alma Bank, with Alma Bank continuing as the surviving institution.

ACT Capital Advisors Secures Development Capital From Pathward And BridgePeak

By Amit Chowdhry ● Jul 31, 2026

ACT Capital Advisors has secured $30 million in development line financing from Pathward, N.A. on behalf of Teichos Energy, LLC, a utility-scale renewable energy developer. BridgePeak Energy Capital, LLC served as lender service provider to Pathward. Teichos plans to use the capital to support continued development of its late-stage solar-energy projects.

SiEngine Secures $200 Million Equity Financing To Accelerate Vertical Silicon-To-Software SDV Innovation

By Amit Chowdhry ● Jul 31, 2026

ECARX Holdings announced that SiEngine Technology Co., Ltd., its incubated automotive semiconductor investment, has secured $200 million in new equity capital from institutional investors over H1 2026. Co-founded in 2018 by ECARX and Arm China, SiEngine has evolved into an independent automotive semiconductor enterprise, with ECARX retaining its position as the company's largest single shareholder. The funding round marks a transformative milestone for SiEngine as it establishes itself among China's top vehicle-grade semiconductor designers.

Smallest.ai Raises $21 Million In Funding To Build Voice 4.0, The Next Generation Of Enterprise Voice AI

By Amit Chowdhry ● Jul 31, 2026

Smallest.ai has surpassed $21 million in total funding following the close of a $13 million Series A led by Seligman Ventures, with participation from Sierra Ventures and 3one4 Capital. The company is a San Francisco-based foundational AI research lab building real-time voice AI infrastructure for enterprises.

Ratio Therapeutics Secures $70 Million Series C Financing To Advance Clinical Development Of Targeted Radiotherapeutics Pipeline

By Amit Chowdhry ● Jul 31, 2026

Ratio Therapeutics, Inc. has closed a $70 million Series C financing, bringing total capital raised to over $240 million. The round included participation from existing investors Duquesne Family Office and Bristol Myers Squibb, along with new investors Catalio Capital Management, Eli Lilly and Company, and Wasatch Group.

ImagineX Acquires Payteros To Strengthen Digital Transformation Capabilities

By Amit Chowdhry ● Jul 31, 2026

ImagineX has acquired Payteros, expanding its capabilities to help enterprise clients modernize, simplify, and scale digital operations. The acquisition combines ImagineX's expertise in AI, strategy, design, and engineering with Payteros' deep digital transformation expertise, bringing together two firms with complementary strengths in advising enterprises on complex technology change. Terms of the transaction were not disclosed.

Platinum Equity Invests In North American Lighting Specialist LMPG

By Amit Chowdhry ● Jul 31, 2026

Platinum Equity has made a significant investment in LMPG Inc., a North American manufacturer of specification-grade lighting solutions. Financial terms were not disclosed. LMPG founder François-Xavier Souvay, W Investments, and President and CEO Peter Timotheatos and the management team are rolling their equity and will remain significant investors, while Platinum Equity acquires outstanding shares from existing institutional investors.

Raymond James Welcomes $5.4 Billion California Advisor Team

By Amit Chowdhry ● Jul 31, 2026

Raymond James has welcomed financial advisors Cory Matsumoto, Rey Carandang, and Genae Affrunti to Raymond James & Associates, the firm's employee advisor channel. Operating as Capital Reserve Group of Raymond James in Newport Beach, California, the team arrives from Comerica, where they managed $5.4 billion in client assets.

Okta To Acquire Permiso Security

By Amit Chowdhry ● Jul 31, 2026

Okta has signed a definitive agreement to acquire Permiso Security, a cloud-native identity security platform that detects and mitigates threats across human, non-human, and agentic identities in multi-cloud environments. The addition will give the Okta Platform comprehensive identity threat detection and response capabilities.

Dragonfly Energy Announces Strategic Acquisition Of Dakota Lithium Assets, Expanding Into New Markets For $4 Million

By Amit Chowdhry ● Jul 31, 2026

Dragonfly Energy Holdings has completed the acquisition of substantially all of the operating assets associated with the Dakota Lithium brand for a total purchase price of $4 million. The acquisition expands Dragonfly Energy's reach across marine, outdoor recreation, powersports, golf cart, and other specialty battery markets.

ESSENCE Ventures Makes Strategic Investment In REVOLT’s Parent Company, Connecting Two Leaders In Cultural Influence

By Amit Chowdhry ● Jul 31, 2026

ESSENCE Ventures, the investment and operating arm of Sundial Media & Technology Group, has made a strategic investment in Offscript Worldwide, the parent brand of REVOLT, REVOLT Sports, 3BLACKDOT, and the Offscript Creator Network.

Bank Of America To Acquire Information Security Consultancy MDSec Consulting Limited

By Amit Chowdhry ● Jul 31, 2026

Bank of America has announced plans to acquire information security specialist MDSec Consulting Limited. The deal is expected to be completed during the fourth quarter of 2026 following regulatory approvals.

Linde To Invest $1 Billion To Support Major U.S. Semiconductor Facility Expansion

By Amit Chowdhry ● Jul 31, 2026

Linde has been awarded a new long-term agreement to supply ultra-high-purity industrial gases to one of the world's largest semiconductor manufacturers. The agreement will support the expansion of the customer's semiconductor manufacturing complex in Phoenix, Arizona, and Linde will invest $1 billion to expand its existing on-site industrial gases complex there, making the site one of Linde's largest investments for an electronics customer globally.

Balance Theory Raises $19 Million To Reinvent How Enterprises Manage Cybersecurity Investments

By Amit Chowdhry ● Jul 31, 2026

Balance Theory, an AI-native platform for cybersecurity investment decisions and execution, has raised $19 million in Series A financing led by SYN Ventures, with existing investors DataTribe and TEDCO also participating. Cybersecurity executive Dan Burns, founder of Accuvant and former CEO of Optiv, has joined Balance Theory as executive chairman.

Intropy Announces $11 Million In Funding To Build The AI-Native Operating System For The Spare Parts Supply Chain

By Amit Chowdhry ● Jul 31, 2026

Intropy, an AI-native platform automating inventory, pricing, and other decisions for spare parts businesses, has raised $11 million in seed financing led by Felix Capital, with participation from Quiet Capital and early investors General Catalyst and firstminute capital. The company was founded in 2024 by Franziska Kirschner and YihKai Teh.

OMERS Private Equity Welcomes Adam Buzanis As Managing Director, Head Of Funds

By Amit Chowdhry ● Jul 31, 2026

OMERS Private Equity has announced the appointment of Adam Buzanis as Managing Director, Head of Funds, as the firm continues to expand its external funds program. Buzanis brings deep experience across global private markets, including primary funds, co-investments, and secondaries, positioning him to build out this growing area of the platform.

CVC Reports Strong Delivery In H1 2026 With Fee-Paying AUM Of €153 Billion

By Amit Chowdhry ● Jul 31, 2026

CVC Capital Partners announced financial highlights for the six months ended June 30, 2026. Fee-paying assets under management reached €153 billion, up 9% versus H1 2025. Credit, Secondaries and Infrastructure grew 19% versus H1 2025.

UNIT AI Raises $12 Million To Scale AI-Powered E-Commerce Fulfillment And Returns As Customer Demand Accelerates

By Amit Chowdhry ● Jul 31, 2026

UNIT AI, a physical AI company, has announced $12 million in funding to accelerate commercial deployments of its AI-powered platform for ecommerce fulfillment and returns. Prologis Ventures, Dynamo Ventures, and Ground Up Ventures co-led the round, with participation from eGateway Capital, Recursive Ventures, Think + Ventures, ZEP Fund, and Crosscourt.

S&P To Acquire Majority Stake In Agusto & Company, Expanding Ratings’ Presence In Africa’s Debt Markets

By Amit Chowdhry ● Jul 31, 2026

S&P Global has agreed to acquire a majority stake in Agusto & Co., a Pan-African rating agency with operations in Nigeria, Kenya, Rwanda, and Ghana. The investment will complement and support the growth strategy of the S&P Global Ratings division in Africa.

Enigma Raises $71 Million Seed Round And Puts The World’s First Interactive AI Robots Online

By Amit Chowdhry ● Jul 31, 2026

Enigma, a physical AI company, emerged from stealth with a $71 million seed round. Index Ventures and Ribbit Capital led the round, with participation from Conviction Partners and leaders from OpenAI, Anthropic, DeepMind, xAI, Cognition, and Wiz.