Innovation

Madison River Capital Invests In Pro-Max To Expand Construction And Restoration Services

By Amit Chowdhry ● Jul 22, 2026

Madison River Capital has made a strategic investment in Pro-Max, a provider of structural repair, restoration, painting and roofing services for condominium and commercial properties. Financial terms of the transaction were not disclosed.

ChatFeatured Raises $2 Million Pre-Seed Round To Build Autonomous AI Search Agent For Marketing Teams

By Amit Chowdhry ● Jul 22, 2026

ChatFeatured has raised $2 million in an oversubscribed pre-seed financing round to develop an autonomous AI search optimization agent for marketing teams. Storytime Capital led the round, with participation from Garage Capital and BY Venture Partners.

Inner Logic Raises $11.5 Million Seed Round To Build Simulation Infrastructure For Procedural Devices

By Amit Chowdhry ● Jul 22, 2026

Inner Logic has raised $11.5 million in seed funding to develop simulation and data infrastructure for designing, testing and validating procedural medical devices. General Catalyst and Bison Ventures co-led the round. J2VP, Defined, PTX, Valia Ventures, Page One, Alumni Ventures and Flare also participated. Inner Logic was previously known as Semaphor.

Candid Health Raises $120 Million Series D To Expand Autonomous Healthcare Revenue Cycle Platform

By Amit Chowdhry ● Jul 22, 2026

Candid Health has raised $120 million in Series D funding to expand its autonomous healthcare revenue cycle management platform. Sixth Street Growth led the round, with participation from Oak HC/FT, 8VC and Y Combinator.

Level99 Secures Additional $50 Million From Act III Holdings

By Amit Chowdhry ● Jul 22, 2026

Level99 has secured an additional $50 million growth equity commitment from Act III Holdings to accelerate its national expansion. The new capital doubles Act III’s follow-on investment commitment to $100 million following an initial $50 million commitment made at the end of 2025.

Prolo: Interview With Founder And CEO James Morris-Manuel About AI-Powered Construction Procurement

By Amit Chowdhry ● Jul 22, 2026

Prolo provides AI-powered Procurement-as-a-Service for small and medium-sized construction firms. Contractors can request materials or plant hire through WhatsApp, email, or phone, after which Prolo searches more than 185 suppliers, secures trade rates, and handles quote chasing, paperwork, and site logistics. Pulse 2.0 interviewed Prolo Founder and CEO James Morris-Manuel to learn more.

MedSpeed Acquires Am-Tran To Expand Healthcare Logistics Network Across California

By Amit Chowdhry ● Jul 21, 2026

MedSpeed has acquired Am-Tran, a California-based provider of last-mile logistics services. Financial terms of the transaction were not disclosed. The acquisition expands MedSpeed’s operations across the San Francisco Bay Area, Sacramento, Fresno and Los Angeles. It also strengthens the company’s presence in one of the largest healthcare markets in the United States.

Give Interactive Launches Fund-Of-Funds Platform For DAF Sponsors And Private Foundations

By Amit Chowdhry ● Jul 21, 2026

Give Interactive has launched an expanded investment management platform designed to help donor-advised fund sponsors and private foundations administer more sophisticated investment programs. The release introduces multi-layer net asset value infrastructure that allows charitable organizations to create and manage fund-of-funds structures directly within Give Interactive’s platform.

Hey Seven Reveals Bettor Capital As Seed Investor In AI-Native Gaming Platform

By Amit Chowdhry ● Jul 21, 2026

Hey Seven has identified Bettor Capital as its seed investor and first institutional backer. The investment funded development of Hey Seven’s AI-native player development platform for casinos, online gaming businesses and omnichannel operators.

ITE Management Acquires NACPC To Expand Chassis Platform Beyond 60,000 Assets

By Amit Chowdhry ● Jul 21, 2026

ITE Management has acquired North American Chassis Pool Cooperative, expanding its North American intermodal chassis platform to more than 60,000 assets. Financial terms of the transaction were not disclosed.

Abra Group To Acquire Up To 45 Embraer E195-E2 Aircraft

By Amit Chowdhry ● Jul 21, 2026

Abra Group has reached an agreement to acquire 20 Embraer E195-E2 aircraft, with options to purchase 10 additional planes and purchase rights covering another 15. The agreement could ultimately expand to as many as 45 aircraft.

Native Acquires Frontline Research Group To Expand Agentic AI Platform

By Amit Chowdhry ● Jul 21, 2026

Native has acquired Frontline Research Group, a market intelligence company serving consumer goods businesses across more than 14 African markets. Financial terms were not disclosed, and the transaction remains subject to customary closing conditions.

Vår Energi To Combine With BlueNord To Create Europe’s Largest Independent Oil And Gas Producer

By Amit Chowdhry ● Jul 21, 2026

Vår Energi and BlueNord have agreed to combine their businesses in a transaction expected to create the largest independent oil and gas producer in Europe. The deal will add BlueNord’s producing assets on the Danish Continental Shelf to Vår Energi’s existing operations in the North Sea.

Turkish Airlines Invests In SAFFA Fund To Expand Sustainable Aviation Fuel Access

By Amit Chowdhry ● Jul 21, 2026

Turkish Airlines has agreed to invest in SAFFA Fund I, an investment vehicle created to accelerate the development and production of sustainable aviation fuel. The amount of the airline’s investment was not disclosed.

Union Home Mortgage Acquires AmeriTrust Origination Assets To Expand Non-QM And Wholesale Lending

By Amit Chowdhry ● Jul 21, 2026

Union Home Mortgage has acquired the mortgage origination assets of AmeriTrust Mortgage Corporation. Financial terms of the transaction were not disclosed.

GrubMarket Acquires SPUD To Expand Online Grocery Business In Western Canada

By Amit Chowdhry ● Jul 21, 2026

Leap Partners Acquires Central Heat & Air To Expand In Tennessee

By Amit Chowdhry ● Jul 21, 2026

Leap Partners has acquired Central Heat & Air, a heating, ventilation and air conditioning services provider based in Cleveland, Tennessee. Financial terms of the transaction were not disclosed.

Fairdinkum Merges With Abacus IT To Expand Managed IT Services Across The West Coast

By Amit Chowdhry ● Jul 21, 2026

Fairdinkum Consulting has integrated Abacus IT, a Southern California technology consulting firm, into its managed IT services organization. Financial terms of the transaction were not disclosed.

Arthur J. Gallagher Acquires W.N. Tuscano Agency To Expand Pennsylvania Wholesale Insurance Capabilities

By Amit Chowdhry ● Jul 21, 2026

Arthur J. Gallagher & Co. has acquired W.N. Tuscano Agency through Risk Placement Services, its U.S. wholesale brokerage, binding authority and programs division. Financial terms of the transaction were not disclosed.

KORE Goes Private After Acquisition By Searchlight Capital Partners And Abry Partners

By Amit Chowdhry ● Jul 21, 2026

KORE Group Holdings has completed its acquisition by affiliates of Searchlight Capital Partners and Abry Partners, marking the company’s transition from public to private ownership. Financial terms of the transaction were not disclosed.

Tesla Expands Robotaxi Service To Tampa And Orlando

By Amit Chowdhry ● Jul 21, 2026

Tesla has expanded its Robotaxi ride-hailing service to Tampa and Orlando, increasing its presence in Florida to three metropolitan markets. The company entered the state earlier in July with a limited launch in Miami.

Estrigenix Therapeutics Raises $2 Million Series Seed To Advance ERβ Platform

By Amit Chowdhry ● Jul 21, 2026

Estrigenix Therapeutics has completed the first closing of a $2 million Series Seed financing to advance its selective estrogen receptor-beta platform. Talents Fund I led the round.

Avenue Growth Partners Raises $155 Million For Second Fund

By Amit Chowdhry ● Jul 21, 2026

Avenue Growth Partners has closed Avenue Growth Partners Fund II with $155 million in commitments. The early growth equity fund was significantly oversubscribed and reached its hard cap.

Cordant Raises $8 Million Seed Round To Build Command Center For Financial Infrastructure

By Amit Chowdhry ● Jul 21, 2026

Cordant has emerged from stealth with $8 million in seed funding to develop a command center for payments companies, fintechs and banks operating across fragmented financial infrastructure. Motive Partners and Oak HC/FT co-led the round.

Sila Raises $300 Million To Expand U.S. Silicon Anode Manufacturing

By Amit Chowdhry ● Jul 21, 2026

Sila has raised $300 million in private funding to expand U.S. production of its silicon-carbon battery anode technology. Atreides Management and Sutter Hill Ventures led the round. The financing also included participation from 8VC, Bessemer Venture Partners, Matrix Partners, funds and accounts advised by T. Rowe Price Associates, and other new and existing investors.

KIDZ AI Secures $44.6 Million GPU Compute Services Agreement With Canopy Wave

By Amit Chowdhry ● Jul 21, 2026

KIDZ AI has entered into a five-year GPU compute services agreement with Canopy Wave valued at approximately $44.6 million. The contract supports KIDZ AI’s expansion beyond education technology into AI computing infrastructure and GPU cloud services.

Utz Brands To Go Private In $2.9 Billion Deal With Intersnack Group

By Amit Chowdhry ● Jul 21, 2026

Utz Brands has entered into a definitive agreement to go private in a transaction valuing the snack manufacturer at approximately $2.9 billion. Intersnack Group will acquire all outstanding shares of Utz Class A common stock for $14.25 per share in cash.

Bank Of America Enhances EricaAssist With Generative AI To Improve Client Service

By Amit Chowdhry ● Jul 21, 2026

Bank of America has added generative AI capabilities to EricaAssist, its employee-facing AI agent designed to support customer service representatives during client conversations. More than 18,000 employees currently use the platform.

Microsoft And Mistral Expand Partnership With Multibillion-Dollar European AI Infrastructure Agreement

By Amit Chowdhry ● Jul 21, 2026

Microsoft and Mistral have expanded their strategic partnership through a multibillion-dollar agreement focused on increasing artificial intelligence infrastructure capacity in Europe. The companies will also integrate additional Mistral models across Microsoft Foundry, Copilot Studio, Azure and Azure Local.

Modo Energy Secures $17 Million In Growth Funding From CIBC Innovation Banking

By Amit Chowdhry ● Jul 21, 2026

Modo Energy has secured a $17 million growth funding package from CIBC Innovation Banking to expand its AI-powered energy data and valuation platform. The financing brings the London-based company’s total capital raised to $52 million.