Innovation

British Fashion Council Names Pavita Cooper Chair And Caroline Issa Deputy Chair

By Amit Chowdhry ● Today at 9:13 AM

The British Fashion Council has appointed Pavita Cooper as Chair, effective October 1, 2026, as the organization strengthens its leadership around government engagement, fundraising and the role of fashion in the UK economy.

DeepCtrls Raises Series B+ Led By CATL With Aramco Ventures Backing To Scale Physical AI For Energy Infrastructure

By Amit Chowdhry ● Today at 9:06 AM

DeepCtrls has completed a Series B+ financing round led by CATL, with strategic investment from Aramco Ventures as the company expands its Physical AI technology across energy systems, advanced manufacturing and AI infrastructure.

Sparkle Grooming Secures $6 Million Growth Financing To Expand Dog Grooming Franchise Nationwide

By Amit Chowdhry ● Today at 9:05 AM

Sparkle Grooming has secured $6 million in strategic growth financing to expand its membership-driven dog grooming franchise nationwide after surpassing 600 franchise licenses awarded in 24 months.

Lightfield Raises $47 Million Series A To Build AI-Native CRM For Companies Using Agents

By Amit Chowdhry ● Today at 9:04 AM

Lightfield has raised $47 million in Series A funding led by Andreessen Horowitz to scale a CRM platform designed from the ground up for companies using AI agents to prospect, manage deals and work with customers. The round also included participation from Maverick Capital, Coatue, Audacious, Alumni Ventures, Greylock and Lightspeed Venture Partners.

Onix Raises $5 Million Pre-Seed To Build Expert-Governed Personal Intelligence AI Platform

By Amit Chowdhry ● Today at 9:03 AM

Onix has raised $5 million in pre-seed funding, equivalent to approximately C$7 million, to expand its Personal Intelligence platform, an approach to AI built from licensed expert knowledge rather than information broadly collected from the internet.

Neurent Medical Secures €25 Million Growth Debt Facility From Claret Capital Partners To Expand NEUROMARK

By Amit Chowdhry ● Today at 8:53 AM

Neurent Medical has secured a €25 million growth debt facility from Claret Capital Partners to accelerate commercialization of its NEUROMARK System for treating chronic rhinitis.

Heron Power Secures $60 Million Credit Facility From J.P. Morgan And TriplePoint Capital, Adds Zach Kirkhorn To Board

By Amit Chowdhry ● Today at 8:52 AM

Heron Power has secured a $60 million credit facility from J.P. Morgan and TriplePoint Capital as the advanced power electronics manufacturer prepares to move from engineering into large-scale production.

Graph AI Raises $13.3 Million Series A To Scale AI-Native Patient Safety Platform

By Amit Chowdhry ● Today at 8:52 AM

Graph AI has raised $13.3 million in Series A funding to expand Graph Safety, its AI-native platform for automating pharmacovigilance and patient safety workflows for pharmaceutical and biotechnology companies.

Frazier Healthcare Partners Adds Former McKesson Strategy Chief Tom Rodgers As Senior Partner

By Amit Chowdhry ● Today at 8:48 AM

Frazier Healthcare Partners has named Tom Rodgers Senior Partner, effective October 2026, adding an executive with more than 35 years of experience across healthcare strategy, corporate development and venture investing.

Accenture And Google Cloud Form Gemini Enterprise Business Group To Scale Agentic AI Deployments

By Amit Chowdhry ● Today at 8:43 AM

Accenture and Google Cloud announced the formation of the Accenture Gemini Enterprise Business Group, a new joint initiative designed to help enterprises move from AI experimentation to large-scale deployment of Gemini Enterprise and agentic AI technologies.

Ayar Labs Raises Additional $150 Million, Bringing 2026 Funding To $650 Million, To Scale AI Co-Packaged Optics

By Amit Chowdhry ● Today at 8:42 AM

Ayar Labs has secured an additional $150 million in funding, bringing the company's total primary capital raised in 2026 to $650 million, as it moves its co-packaged optics technology toward high-volume manufacturing for AI infrastructure.

Luminary Raises $22 Million Series A To Expand AI-Powered Wealth Transfer Platform

By Amit Chowdhry ● Today at 8:40 AM

Luminary has raised $22 million in Series A funding to expand its AI-native wealth transfer and administration platform, bringing the company's total funding to nearly $32 million. The round was led by fintech-focused growth equity firm Ten Coves Capital. BNY became a strategic investor, while 8VC also participated alongside existing investors Fin Capital, Focus Financial Partners, Rockefeller Capital Management's FinTech Innovation Fund and several family offices.

Navion Neurosciences Raises $10.8 Million Seed To Develop Precision Medicines For Epilepsy And Neuropathic Pain

By Amit Chowdhry ● Today at 8:38 AM

Navion Neurosciences has completed a $10.8 million first closing of its seed financing to advance precision sodium-channel medicines for genetic epilepsy and chronic neuropathic pain. The financing was led by the Angelini Lumira Biosciences Fund, with participation from 3B Future Health Fund, UVA LVG Seed Fund, Virginia Innovation Partnership Corporation, VTC Innovation Fund and Navion management.

AEVEX Secures $20.5 Million In U.S. Government Awards For One-Way Attack Systems

By Amit Chowdhry ● Today at 8:36 AM

AEVEX has secured $20.5 million in new awards from U.S. government customers to deliver and further develop one-way attack, or OWA, systems and related autonomous capabilities.

Highstock Raises $30 Million Series A Led By a16z For AI-Powered Excess Inventory Marketplace

By Amit Chowdhry ● Today at 8:36 AM

Highstock has raised a $30 million Series A led by Andreessen Horowitz, or a16z, to expand its AI-powered B2B marketplace that helps consumer brands sell excess inventory to vetted wholesale buyers without relying on traditional liquidation channels.

Hyundai: Q1 U.S. Sales Reach Record 205,388 As Hybrid Sales Jump 61%

By Amit Chowdhry ● Today at 8:32 AM

Hyundai Motor America recorded its strongest first quarter in company history, selling 205,388 vehicles during Q1 2026, up 1% from 203,554 vehicles in the prior-year period as strong demand for SUVs and electrified vehicles supported growth.

FMG Suite Launches FMG Connect To Unify AI, Data And Workflows For Financial Advisors

By Amit Chowdhry ● Today at 8:32 AM

FMG Suite has launched FMG Connect, a new integration and orchestration layer designed to connect financial advisors' technology tools, data and workflows so tasks that previously required manual handoffs can be automated across a single operating environment.

Positive Development Names Greg Fuller As COO To Support Nationwide Autism Care Expansion

By Amit Chowdhry ● Today at 8:31 AM

Positive Development has named Greg Fuller Chief Operating Officer, adding a healthcare operations executive with 25 years of experience as the developmental therapy provider works toward expanding its autism care model nationally.

TAR Raises $120 Million Series A At $1 Billion Valuation To Build Off-Grid Power For AI Data Centers

By Amit Chowdhry ● Today at 8:30 AM

TAR has raised $120 million in Series A funding at a $1 billion post-money valuation, with the round led by Spark Capital, to expand its off-grid power systems designed for AI data centers.

Euno Raises $23 Million Series A To Build AI Context Brain For Enterprise Data And Agents

By Amit Chowdhry ● Today at 8:28 AM

Euno has raised $23 million in Series A funding to expand its AI-native enterprise context platform, bringing total funding to $29 million as the company helps large organizations move AI agents from pilot projects into production. The round was led by N47, with participation from existing investor 10D and technology founders including Wiz Co-Founder Yinon Kostika, Cyera Co-Founder and CEO Yotam Segev, Eon Founder and CEO Ofir Ehrlich, Tavily Founder Rotem Weiss and former Tableau CEO and President Mark Nelson.

Latitude Raises $35 Million Series A To Connect Stablecoins With Local Payment Rails Worldwide

By Amit Chowdhry ● Today at 8:25 AM

Latitude has raised $35 million in Series A funding to expand its global payments infrastructure connecting stablecoins with local currency payment rails, bringing the company's total funding to $43 million. The round was led by Oak HC/FT, with participation from NEA, Coinbase Ventures, Lightspeed Faction, OpenFX and Wilson Sonsini. The financing follows an $8 million seed round completed earlier in 2026.

Perry Weather Secures $110 Million Growth Investment To Expand AI Weather Safety Platform

By Amit Chowdhry ● Today at 8:20 AM

Perry Weather has secured a $110 million growth investment led by Silversmith Capital Partners, with participation from existing investor Arthur Ventures, to accelerate development of its AI-powered weather safety and operations platform.

Overroute Raises $5.5 Million To Scale AI Freight Execution Platform Used By J.B. Hunt

By Amit Chowdhry ● Today at 8:20 AM

Overroute has raised $5.5 million in funding to expand its AI-native freight execution platform for large carriers and enterprise fleets. The round was led by UP.Partners, with participation from EIC Rose Rock, 1834 Ventures, Tulane Ventures and other investors.

Savvy Wealth Raises $100 Million Series C As AUM Reaches $9 Billion And ARR Nears $100 Million

By Amit Chowdhry ● Today at 8:19 AM

Savvy Wealth has raised an oversubscribed $100 million Series C, bringing total funding for the AI-native registered investment advisor to more than $200 million as it scales a platform supporting independent financial advisors. The round was led by Halo Fund, the growth-stage venture firm co-founded by Qualtrics founder and Utah Jazz owner Ryan Smith and longtime Accel General Partner Ryan Sweeney. Existing investors participating included Thrive Capital, Industry Ventures from Goldman Sachs, Canvas Prime, Index Ventures, House Fund, Euclidean Capital, Alumni Ventures and Vestigo Ventures.

DermaSensor Raises $5 Million To Expand AI Skin Cancer Detection Platform And U.S. Partnerships

By Amit Chowdhry ● Today at 8:16 AM

DermaSensor has raised more than $5 million in new financing, including a $4 million Series B extension from institutional and strategic investors and more than $1 million raised through a community investment round on Wefunder.

Carputty Raises Series B As Total Funding Tops $40 Million To Scale AI-Powered Auto Finance Platform

By Amit Chowdhry ● Today at 8:15 AM

Carputty has closed a Series B financing round to expand its embedded finance infrastructure across the automotive industry, bringing the total capital invested in the company to more than $40 million. The round included a new investment from an unnamed global online vehicle technology company, alongside continued backing from existing investors TTV Capital, Fontinalis Partners and Kickstart Fund. The Presidio Group served as Carputty's exclusive financial advisor for the financing.

Mastercard Launches Wallet Pay To Expand Digital Wallet Interoperability Worldwide

By Amit Chowdhry ● Today at 8:14 AM

Mastercard announced the launch of Mastercard Wallet Pay, a global portfolio of payment solutions designed to improve interoperability for digital wallets across contactless payments, QR codes, and online commerce. The launch comes as digital wallets serve more than 4.3 billion users worldwide, with global usage projected to surpass 6 billion users by 2030.

Epsilon Health Raises $27.6 Million To Scale AI-Native Radiology Practice

By Amit Chowdhry ● Today at 8:13 AM

Epsilon Health has emerged from stealth with $27.6 million in funding to expand its AI-native radiology practice, which is already processing more than 2,500 imaging studies per day and expects to interpret 1% of all daily U.S. X-rays during 2026. The financing was led by AlleyCorp, with participation from Uncork Capital, Renegade Partners, SemperVirens and Jack Altman, who invested while serving as Managing Partner at Alt Capital.

Mach Industries Raises Additional $600 Million At $3.7 Billion Valuation To Scale Defense Manufacturing

By Amit Chowdhry ● Today at 8:11 AM

Mach Industries has raised an additional $600 million through a continuation of its Series C financing, bringing the defense manufacturer's valuation to $3.7 billion. The financing includes continued backing from Ribbit Capital, Infinite Capital, Bedrock Capital, Sequoia and other investors and follows Mach Industries' previously announced $300 million Series C.

Consensys Software To Split Into MetaMask And Consensys By End Of 2026

By Amit Chowdhry ● Today at 8:11 AM

Consensys Software Inc. announced plans to separate into two independently operated companies, MetaMask and Consensys, dividing its consumer financial platform from its protocols and institutional blockchain infrastructure businesses. The separation is expected to be completed by the end of 2026.