Innovation

H World Manachised And Franchised Revenue Jumps 25% As 497 Of 498 China Openings Use Asset-Light Model

By Amit Chowdhry ● Today at 3:04 PM

H World Group's manachised and franchised hotel revenue increased 25.2% year over year to RMB3.6 billion in Q2 2026, while 497 of the 498 hotels the company opened in China during the quarter used its manachised or franchise model. The figures highlight an increasingly asset-light growth strategy even as H World's overall hotel network continues expanding rapidly.

Jasper Therapeutics: KP-104 Renal Data Due Q4 2026 As $132 Million Kira Financing Extends Runway Into H2 2028

By Amit Chowdhry ● Today at 3:02 PM

Jasper Therapeutics expects Stage 1 interim data from a Phase 2 study of newly acquired KP-104 in rare renal diseases during Q4 2026, providing the first major clinical catalyst following its acquisition of Kira Pharmaceuticals and concurrent $132 million private placement. The financing is expected to fund planned operations through the second half of 2028 while Jasper advances a newly expanded three-asset immunology pipeline.

Traws Pharma Ties Up To $50 Million Of Additional Financing To Influenza Regulatory And Clinical Milestones

By Amit Chowdhry ● Today at 2:58 PM

Traws Pharma has structured up to $50 million of potential additional financing around specific regulatory and clinical milestones for its influenza program, directly connecting future capital availability to progress with tivoxavir marboxil and its planned Phase 2a human influenza Challenge study.

Citius Oncology: LYMPHIR Vial Orders Rise 31% To 926 As 44 Institutions Adopt Drug And July Sets Record

By Amit Chowdhry ● Today at 2:40 PM

Citius Oncology reported accelerating institutional demand for LYMPHIR during its fiscal third quarter, with institutional vial orders increasing 31% sequentially to 926 from 708 and 44 institutions having prescribed and ordered the cutaneous T-cell lymphoma treatment since its commercial launch. Demand continued accelerating after quarter-end, with July producing a record 383 institutional vial orders.

Vivos Therapeutics: Service Revenue Nearly Doubles To $3.8 Million While Product Revenue Falls 28%

By Amit Chowdhry ● Today at 2:39 PM

Vivos Therapeutics is becoming increasingly weighted toward healthcare services, with Q2 2026 service revenue nearly doubling to $3.8 million from $1.94 million while product revenue declined approximately 28% to $1.36 million from $1.89 million. The expansion in services drove total quarterly revenue up 35% to $5.15 million.

Gulf Resources: Bromine Revenue Jumps 314% While Factory Utilization Reaches Just 19%

By Amit Chowdhry ● Today at 2:31 PM

Gulf Resources' bromine revenue increased 314.4% to $23 million in fiscal 2025 from $5.55 million, even though its bromine factories operated at only 19% of stated annual production capacity. The combination highlights how much higher pricing and production volumes improved the business, even while leaving most of the company's theoretical production capacity unused.

Lumentum Cloud Transceiver Revenue Jumps More Than 173% As Optical Circuit Switches Add Over $90 Million

By Amit Chowdhry ● Today at 2:29 PM

Lumentum's cloud transceiver revenue increased by more than 173% during fiscal 2026, while the initial ramp of its optical circuit switch products contributed more than $90 million in revenue. Together, the two businesses give Lumentum exposure to different layers of the expanding optical infrastructure being deployed inside cloud and AI data centers.

Seismic Completes Highspot Merger, Creating 3.5 Million-User GTM Platform With $100 Million+ Annual R&D Investment

By Amit Chowdhry ● Today at 2:28 PM

Seismic has completed its merger with Highspot, creating a combined go-to-market performance company serving 2,500 customers and 3.5 million sales, marketing and enablement users worldwide. The combined company will operate under the Seismic name and will be led by Seismic Chief Executive Officer Rob Tarkoff.

InfiniG Raises $5.2 Million Seed Round To Scale Mobile Coverage As A Service Platform

By Amit Chowdhry ● Today at 10:00 AM

InfiniG has raised $5.2 million in Seed funding to expand its Mobile Coverage as a Service platform for enterprises and property owners seeking more reliable indoor cellular connectivity. J2 Ventures and Stormbreaker Ventures co-led the round. InfiniG plans to use the funding to expand enterprise deployments, automate integrations with mobile network operators, scale its InfiniG Insights analytics capabilities, and advance the platform's foundation for automation and physical AI.

0G Private Computer Passes 250 Billion Tokens As USD Payments And Email Sign-In Remove Crypto Barrier To Private AI

By Amit Chowdhry ● Today at 9:51 AM

0G Labs said its 0G Private Computer platform has surpassed 250 billion tokens and 15,000 users less than four months after launch, as the company adds U.S. dollar payments, email onboarding and video generation to make its decentralized private AI infrastructure easier to access.

Meradia Adds Glen Robertson As Director To Expand SimCorp And Investment Transformation Expertise

By Amit Chowdhry ● Today at 9:45 AM

Meradia has appointed Glen Robertson as director, adding more than two decades of investment operations, technology implementation and business transformation experience as the consulting firm expands its capabilities for asset and wealth management clients.

R1 To Acquire Humata Health As AI Prior Authorization Platform Delivers Up To 96% First-Pass Approval

By Amit Chowdhry ● Today at 9:42 AM

R1 has agreed to acquire Humata Health, an AI-powered prior authorization technology company, in a deal designed to expand the automation capabilities of R1’s Phare Operating System and move healthcare providers and payers closer to real-time authorizations. Financial terms of the transaction were not disclosed. The acquisition is expected to close by the end of the third quarter.

Columna Capital Sells Majority Stake In Ardentis To Medbase After Doubling Dental Platform To 20 Clinics

By Amit Chowdhry ● Today at 9:20 AM

Columna Capital has sold its majority stake in Ardentis Cliniques Dentaires to Medbase, bringing one of the leading dental care platforms in French-speaking Switzerland under the ownership of one of the country’s largest healthcare networks. Financial terms of the transaction were not disclosed. The transaction closed on August 14.

Codio Raises $5 Million And Launches AI Literacy Platform To Prepare Students For AI-Driven Workforce

By Amit Chowdhry ● Today at 9:00 AM

Codio has completed a $5 million strategic growth financing led by long-term investor Armada Investment while launching a new AI Literacy offering designed to help colleges prepare students for a workforce increasingly shaped by artificial intelligence.

BHP: Copper Generates Majority Of Group EBITDA For First Time As Segment Reaches Record $18.2 Billion

By Amit Chowdhry ● Today at 8:11 AM

BHP's copper-producing assets generated the majority of Group Underlying EBITDA for the first time in fiscal 2026, with Total Copper Underlying EBITDA increasing 48% to a record $18.2 billion and accounting for 54% of the group's earnings measure, up from 45% a year earlier.

Fabrinet: Data Center Revenue Jumps 68% To $669 Million And Becomes 51% Of Quarterly Sales As DCI More Than Doubles

By Amit Chowdhry ● Today at 8:10 AM

Fabrinet's Data Center revenue surged approximately 68% year over year to $669.3 million in the fourth quarter of fiscal 2026, making the category approximately 51% of total quarterly revenue as demand tied to networking, high-performance computing and AI infrastructure continued to reshape the company's revenue mix.

XP Inc: Net Inflow Nearly Triples To R$28 Billion While Active Clients Grow 1%

By Amit Chowdhry ● Today at 8:09 AM

XP Inc. generated R$28 billion of total net inflows during the second quarter of 2026, an increase of 188% from R$10 billion a year earlier and 94% from R$14 billion in the first quarter, even as its number of active clients increased only 1% year over year to approximately 4.77 million.

Perpetua Resources: $2.9 Billion EXIM Loan Approval Paired With $574.2 Million Cash And $3,000 Gold Floor Ahead Of H2 2026 Stibnite Decision

By Amit Chowdhry ● Today at 8:08 AM

Perpetua Resources is approaching a potential final investment and construction decision for the Stibnite Gold Project in the second half of 2026 with a substantially strengthened financing position, including unanimous U.S. Export-Import Bank approval of a $2.9 billion senior secured long-term loan and $574.2 million of unrestricted cash at the end of June. The company has also spent $28.9 million on put options establishing a $3,000-per-ounce floor for up to 158,016 ounces of gold produced in 2031 while retaining exposure to gold prices above that level.

Liferay: Interview With Co-Founder And CMO Bryan Cheung About Digital Experience Platforms And AI

By Amit Chowdhry ● Today at 6:54 AM

OBDeleven: Interview With CEO Dainius Sapežinskas About Making Professional Vehicle Technology Accessible To Drivers

By Amit Chowdhry ● Today at 6:53 AM

OBDeleven provides a vehicle diagnostics and connected car platform that combines compact hardware with a mobile application, enabling drivers to diagnose, maintain, and customize their vehicles. Its capabilities include professional diagnostics, maintenance functions, One-Click Apps, advanced coding, live vehicle data, AI-powered diagnostics, and trip analysis. Pulse 2.0 interviewed OBDeleven CEO Dainius Sapežinskas to learn more.

MEAVO: Interview With Co-Founder Todor Madzharov About Office Phone Booths And Flexible Workspaces

By Amit Chowdhry ● Today at 6:51 AM

Veritas Capital To Sell Epiq Solutions To TTM Technologies For $1.1 Billion

By Amit Chowdhry ● Yesterday at 4:24 PM

Veritas Capital has agreed to sell Epiq Solutions to TTM Technologies for $1.1 billion, concluding an investment period in which Epiq expanded from a specialized software-defined radio company into a broader defense RF and embedded computing platform.

Concentra Acquires Four Minnesota Occupational Health Centers, Expanding Statewide Network To 10 Locations

By Amit Chowdhry ● Yesterday at 4:23 PM

Concentra has acquired four Minnesota Occupational Health medical centers in the Twin Cities, expanding its statewide network to 10 occupational health centers. The acquired centers are located in Coon Rapids, Eagan, St. Paul and Shakopee.

Pilot Fiber Completes Extenet Enterprise Fiber Acquisition, Adding 20+ Data Centers And 200 Customers

By Amit Chowdhry ● Yesterday at 4:23 PM

Pilot Fiber has completed its acquisition of Extenet Systems’ enterprise fiber business, expanding the New York metro connectivity provider into New Jersey and adding more than 20 data centers to its network. The acquired infrastructure includes former Hudson Fiber Network and Axiom Fiber Network assets.

Broad Creek Acquires 315-Unit Sarasota Apartments As $150 Million Multifamily Fund Approaches 30% Deployment

By Amit Chowdhry ● Yesterday at 4:22 PM

Broad Creek Capital has acquired The Crossing at Palm Aire, a 315-unit Class A multifamily community in Sarasota, Florida, following the second close of its $150 million-target Multifamily Advantage Fund I.

Valerio Targets August 21 Signing For €30 Million Etherna Acquisition After Receiving FDI Clearance

By Amit Chowdhry ● Yesterday at 4:21 PM

Valerio Therapeutics is targeting August 21 to sign definitive agreements for its contemplated acquisition of Etherna Immunotherapies after receiving the required foreign direct investment clearance, removing an important regulatory condition as the parties continue working toward a potential transaction.

Terra Industries Extends Seed Round To $52 Million As 50,000-Unit Drone Factory And Global Expansion Take Shape

By Amit Chowdhry ● Yesterday at 4:20 PM

Terra Industries has extended its seed financing to $52 million as the autonomous defense technology company expands manufacturing in Africa and establishes its first international office in London. Existing investors 8VC, Silent Ventures, Nova Global, Belief Capital and SV Angel participated alongside new investor Norleo Space Investments and angel investor Grant Gordon.

Takt Raises $9.25 Million Series A As Warehouse Platform Shows 15% Cost Reduction And 29% Workforce Performance Gain

By Amit Chowdhry ● Yesterday at 4:19 PM

Takt has raised $9.25 million in Series A funding to scale a warehouse intelligence platform that combines labor, automation and robotics data into a single operating model. Ballast Point Partners led the financing, representing Takt’s first institutional round.

Leal Therapeutics Raises $30 Million Series A Extension With Lilly As Schizophrenia Trial Begins

By Amit Chowdhry ● Yesterday at 4:18 PM

Leal Therapeutics has raised a $30 million second close of its Series A financing and initiated a Phase 1b/2a clinical trial of LTX-001 in adults with schizophrenia. Eli Lilly joined the financing as a new investor. Existing investors OrbiMed, Newpath Partners, Euclidean Capital, SV Health Investors’ Dementia Discovery Fund, Chugai Venture Fund, Alexandria Venture Investments and PhiFund also participated.

Palona AI Reaches $20 Million In Funding As Restaurant Deployments Show 20% Revenue Growth

By Amit Chowdhry ● Yesterday at 4:15 PM

Palona AI has completed its Series A financing, bringing total funding to $20 million as the company expands a multimodal AI operating layer designed to connect customer demand with real-time operations inside physical businesses. The total includes converted SAFEs. Investors include Ardenwood Ventures, CrimsonOx, UpHonest, Turbo, Llama Ventures, Neo, Fusion Fund, Defy and Maynard Webb, along with additional institutional, strategic and individual investors.