Innovation

X-Energy: $700 Million Series D Raised To Advance Global Reactor Deployment

By Amit Chowdhry ● Nov 25, 2025

X-Energy Reactor Company, a developer of advanced small modular nuclear reactors and fuel technology, has closed an oversubscribed Series D funding round totaling approximately $700 million. Jane Street led the financing with participation from new institutional backers, including ARK Invest, Galvanize, Hood River Capital Management, Point72, Reaves Asset Management, XTX Ventures, and others. Existing investors, including Ares Management funds, Corner Capital, Emerson Collective, NGP, and Segra Capital Management, also contributed.

Model ML: $75 Million Series A Raised To Advance AI Workflow Automation In Financial Services

By Amit Chowdhry ● Nov 25, 2025

Model ML has secured a $75 million Series A financing round, marking one of the largest early stage fundraises in the history of fintech. The round was led by FT Partners with participation from Y Combinator, QED, Thirteen Books, Latitude, and LocalGlobe. The raise comes only six months after Model ML’s seed round and just one year after its launch, highlighting the rapidly growing enterprise demand for AI driven workflow automation within financial services.

ASSA ABLOY Acquires International Door Products To Expand U.S. Steel Frame Portfolio

By Amit Chowdhry ● Nov 25, 2025

ASSA ABLOY announced the acquisition of International Door Products, a Michigan-based manufacturer of standard and custom fire-rated steel door frames, strengthening its presence in the United States and broadening its capabilities across door-opening solutions.

Amazon Announces Up To $50 Billion Investment To Expand AI And Supercomputing Infrastructure For U.S. Government Agencies

By Amit Chowdhry ● Nov 25, 2025

Amazon announced plans to invest up to $50 billion to significantly expand its artificial intelligence and high-performance computing infrastructure for U.S. government agencies. The initiative, scheduled to break ground in 2026, will add nearly 1.3 gigawatts of new AI and supercomputing capacity across AWS Top Secret, AWS Secret, and AWS GovCloud (US) Regions. The expansion will rely on a new network of data centers equipped with advanced computing and networking technologies tailored to federal missions.

Cisco Joins NetFoundry’s Expanded Series A Round Now Totaling More Than $15 Million

By Amit Chowdhry ● Nov 25, 2025

NetFoundry has expanded its Series A financing to more than $15 million following the addition of Cisco Investments as a strategic investor. The funding round, first announced earlier this year and led by SYN Ventures, strengthens NetFoundry’s position as a provider of identity-driven, zero-trust networking technology already supporting over one billion monthly sessions. The company said the new capital will support continued scaling of its platform and growth across enterprise and developer ecosystems.

Fairbanks Morse Defense To Buy Truflo Marine From IMI In Strategic Expansion

By Amit Chowdhry ● Nov 25, 2025

Fairbanks Morse Defense has agreed to acquire Truflo Marine from IMI plc, marking a significant addition to the company’s expanding portfolio of naval technology, engineering, and manufacturing capabilities. The Birmingham-based Truflo Marine business will bring a specialized suite of advanced valve and control solutions that support mission-critical systems used across allied naval submarine and surface vessels worldwide.

Fulton Financial To Acquire Blue Foundry Bancorp In Merger Valued At $243 Million

By Amit Chowdhry ● Nov 25, 2025

Fulton Financial Corporation announced that it has entered into a definitive agreement to acquire Blue Foundry Bancorp in an all-stock transaction valued at approximately $243 million.

Tagup: Interview With Founder & CEO Jon Garrity About Using Next-Generation AI to Redefine Military Logistics

By Amit Chowdhry ● Nov 25, 2025

Tagup is a defense technology company that utilizes artificial intelligence and machine learning to optimize logistics and equipment operations, predicting failures, reducing waste, and improving readiness across defense. Pulse 2.0 interviewed Tagup founder and CEO Jon Garrity to gain a deeper understanding of the company.

Thunderstruck Ag: Interview With Founder & CEO Jeremy Matuszewski About The Agricultural Solutions Company

By Amit Chowdhry ● Nov 25, 2025

Thunderstruck Ag provides aftermarket agricultural equipment and crop management solutions for farmers. Pulse 2.0 interviewed Thunderstruck Ag CEO Jeremy Matuszewski to gain a deeper understanding of the company.

Atmus Filtration Technologies To Buy Koch Filter In $450 Million Deal

By Amit Chowdhry ● Nov 25, 2025

Atmus Filtration Technologies announced that it has entered into a definitive agreement to acquire Koch Filter for $450 million in cash, a move that will expand its presence in industrial and commercial air filtration across several high-growth end markets. The deal, subject to customary closing conditions, is expected to close in the first quarter of 2026 and will be financed with a combination of cash on hand and borrowings under Atmus’ credit facility.

Google And Accel Atoms Launch AI Program To Advance India’s Startup Ecosystem

By Amit Chowdhry ● Nov 25, 2025

Google has partnered with Accel’s Atoms program to launch a new initiative to accelerate pre-seed artificial intelligence startups in India. The program, part of the Accel Atoms x AI Futures Fund (AIFF) collaboration, is designed to support founders building next-generation AI applications and will begin its first cohort in February 2026.