Innovation

Rhino USA Secures $15 Million Asset-Backed Facility From Texas Capital

By Amit Chowdhry ● Oct 20, 2026

Rhino USA has closed a $15 million asset-backed loan facility with Texas Capital to support inventory investment, working capital optimization, and continued expansion across national retail, e-commerce, and international markets.

Navara Technologies Acquires PieQ To Expand Agentic AI Into Regulated Vertical Markets

By Amit Chowdhry ● Oct 20, 2026

Navara Technologies has acquired PieQ, an AI-native company focused on agentic workflows and predictive intelligence, expanding Navara’s capabilities across biosecurity, government, insurance, and back-office automation for small and medium-sized businesses.

Dream Industrial REIT Prices C$300 Million Senior Unsecured Debenture Offering

By Amit Chowdhry ● Oct 20, 2026

Dream Industrial Real Estate Investment Trust has priced a C$300 million private placement of senior unsecured debentures as it refinances existing indebtedness and manages the capital structure supporting its global industrial real estate portfolio.

I Squared Capital Opens Tokyo Office After Deploying More Than $9 Billion Across Asia-Pacific

By Amit Chowdhry ● Oct 20, 2026

I Squared Capital has opened a new office in Tokyo, expanding the global infrastructure investment firm’s presence in Japan as it targets opportunities across energy, digital infrastructure, and other essential infrastructure sectors.

STA Jets To Acquire International Jet To Expand Rocky Mountain Private Aviation Network

By Amit Chowdhry ● Oct 20, 2026

STA Jets has agreed to acquire International Jet, expanding its private aviation operations into the Rocky Mountain region and adding a long-established base at Centennial Airport near Denver.

Sterling Investment Partners Receives Strategic Minority Investment From PACT Capital Partners

By Amit Chowdhry ● Oct 20, 2026

Sterling Investment Partners has received a strategic minority investment from PACT Capital Partners, giving the middle-market private equity firm additional capital to support future funds, employee incentives, and investments in its platform.

Zocdoc Acquires Sohar Health To Expand Insurance Verification Infrastructure

By Amit Chowdhry ● Oct 20, 2026

Zocdoc has acquired Sohar Health, a healthcare technology company focused on automating insurance benefits eligibility checks, marking the first acquisition in Zocdoc's nearly 20-year history.

El Car Wash Acquires Four Sparkle Express Locations And Plans 50-Site Chicagoland Expansion

By Amit Chowdhry ● Oct 20, 2026

El Car Wash has entered the Chicago market through the acquisition of four Sparkle Express Car Wash locations, establishing an immediate operating presence in the region and supporting plans to build a network of approximately 50 sites across Chicagoland.

Medcotec Raises More Than £2.4 Million To Commercialize Helyx Powder Transfer Valve

By Amit Chowdhry ● Oct 20, 2026

Medcotec has raised more than £2.4 million to commercialize Helyx, a single-use powder transfer valve designed to address contamination, blockage, cleaning, and production challenges faced by pharmaceutical manufacturers and other companies handling powdered materials.

Boston Financial Closes $191 Million Affordable Housing Tax Credit Fund

By Amit Chowdhry ● Oct 20, 2026

Boston Financial has closed Boston Financial Institutional Tax Credits 63 Limited Partnership, a $191 million multi-investor Low-Income Housing Tax Credit fund that will support the creation or preservation of 1,342 affordable rental homes across 12 states.

Just Women’s Sports Acquires Victra Sports And Launches Mobile App And Sports-Specific Channels

By Amit Chowdhry ● Oct 20, 2026

Just Women’s Sports has acquired women’s sports technology company Victra Sports and launched a new mobile app along with two sport-specific media brands as the company expands its digital platform for women’s sports fans.

Datacor Acquires MySep To Expand Process Separator Simulation Capabilities

By Amit Chowdhry ● Oct 20, 2026

Datacor has acquired MySep, a developer of simulation software used for the design and performance analysis of process separators, expanding Datacor’s portfolio of specialized engineering software for process industries.

Suki Secures $90 Million Series E Financing To Scale Healthcare AI Agents

By Amit Chowdhry ● Oct 20, 2026

Suki has secured $90 million in financing as part of its Series E to accelerate growth and expand its artificial intelligence capabilities across clinical, financial, and operational healthcare workflows. The financing includes new investors Healthier Capital, Crosslink Capital, and Hercules Capital, along with participation from all of Suki’s existing institutional investors, including Venrock, Flare Capital Partners, Hedosophia, Philips Ventures, and Zoom Ventures.

Captona Invests In Nexamp Portfolio With 55 MW Of Solar And 5 MWh Of Battery Storage

By Amit Chowdhry ● Oct 20, 2026

Captona has completed a preferred equity investment in partnership with Nexamp to support a multi-state portfolio of community solar and battery storage projects across Illinois, Maine, Massachusetts, and New York.

Tiger Finance Deploys $78 Million In Q3 Asset-Based Financing

By Amit Chowdhry ● Oct 20, 2026

Tiger Finance committed $78 million in new asset-based financing to retail and consumer products companies during the third quarter of 2026, deploying capital across refinancing transactions, growth initiatives, dividend recapitalizations, and supplemental liquidity facilities.

geoSurge: Interview With Co-Founder And CEO Francisco Vigo About AI Visibility And Corpus Engineering

By Amit Chowdhry ● Oct 20, 2026

geoSurge is an AI visibility and data science company that helps organizations understand and improve how their brands are represented across artificial intelligence platforms, including ChatGPT, Gemini, and Claude. Its technology combines AI visibility monitoring with a proprietary methodology called Corpus Engineering, which focuses on how AI models learn, understand, and represent brands over time. The company emerged from stealth in December 2025 and has expanded its customer base across four continents, serving industries including financial services, education, and hospitality. Led by Co-Founder and CEO Francisco Vigo, geoSurge is positioning itself around the growing importance of AI-generated answers in brand discovery and purchasing decisions. Pulse 2.0 interviewed geoSurge Co-Founder and CEO Francisco Vigo to learn more about the company's origins, Corpus Engineering technology, approach to AI visibility, recent growth, and long-term plans for the emerging AI representation market.

Firefly Raises $20 Million Series A Led By Definition Capital To Build Physical AI Safety Platform

By Amit Chowdhry ● Oct 20, 2026

Firefly has emerged from stealth with a $20 million Series A led by Definition Capital, with significant participation from BoxGroup and continued backing from Susa Ventures. The financing will support the company’s development of physical AI products designed to modernize safety technology across education, healthcare, and enterprise organizations.

Altay Therapeutics Raises $37 Million Series A To Advance Oral DUX4 Inhibitor For FSHD

By Amit Chowdhry ● Oct 20, 2026

Altay Therapeutics has raised $37 million in Series A financing to advance DX5057, its investigational oral small-molecule therapy for facioscapulohumeral muscular dystrophy, or FSHD, into clinical development. The round was co-led by Sound Bioventures and HealthCap, with participation from new investors Fountain Healthcare Partners, Biogen New Ventures, Pappas Capital, and Global BioAccess Fund.

Harmonic Security Raises $50 Million Series B Led By Crosspoint Capital Partners

By Amit Chowdhry ● Oct 20, 2026

Harmonic Security has raised an oversubscribed $50 million Series B funding round led by Crosspoint Capital Partners, bringing the workforce AI security company’s total funding to $76 million. Existing investors also participated in the financing. Harmonic plans to use the new capital to accelerate growth, expand its engineering and go-to-market organizations in the United States and United Kingdom, and continue developing technology for securing enterprise use of artificial intelligence.

FormativGroup Acquires Saige Consulting To Expand AI And Data Engineering Platform

By Amit Chowdhry ● Oct 20, 2026

FormativGroup has acquired Saige Consulting, an AI and technology consulting firm that connects business strategy with emerging technology, expanding FormativGroup’s capabilities in artificial intelligence, data engineering, software development, and technology strategy.

Leonardo DRS Awarded $500 Million Ceiling IDIQ Contract For Counter-UAS Sensing Systems

By Amit Chowdhry ● Oct 20, 2026

Leonardo DRS has been awarded a three-year indefinite-delivery/indefinite-quantity contract with a $500 million ceiling from Joint Interagency Task Force 401 to support the rapid delivery of counter-unmanned aircraft system sensing capabilities.

Lonergan Names Kirsten Settle And Michael Cunningham As Managing Partners

By Amit Chowdhry ● Oct 20, 2026

Lonergan has named Kirsten Settle and Michael Cunningham as Managing Partners as the executive search firm expands its leadership following 25 years in business.

Savory Fund Closes $201.5 Million Fund III For Emerging Restaurant Brands

By Amit Chowdhry ● Oct 20, 2026

Savory Fund has closed its third private equity fund at $201.5 million, surpassing its $200 million target as the firm looks to back additional founder-led restaurant brands across the United States

Runpod Surpasses $325 Million In ARR And Appoints Brian Erickson As CFO

By Amit Chowdhry ● Oct 20, 2026

Runpod has surpassed $325 million in annual recurring revenue and appointed Brian Erickson as Chief Financial Officer as the AI infrastructure company prepares for its next phase of growth.

Senphonix Receives NIH Grant To Advance SleeveSense Continuous Vitals Monitoring Platform

By Amit Chowdhry ● Oct 20, 2026

Senphonix has received a Small Business Innovation Research Phase I award from the National Institutes of Health through the National Heart, Lung, and Blood Institute to advance SleeveSense, its investigational wearable platform for continuous, long-term vital-sign monitoring.

Innovation

Rhino USA Secures $15 Million Asset-Backed Facility From Texas Capital

Navara Technologies Acquires PieQ To Expand Agentic AI Into Regulated Vertical Markets

Dream Industrial REIT Prices C$300 Million Senior Unsecured Debenture Offering

I Squared Capital Opens Tokyo Office After Deploying More Than $9 Billion Across Asia-Pacific

STA Jets To Acquire International Jet To Expand Rocky Mountain Private Aviation Network

Sterling Investment Partners Receives Strategic Minority Investment From PACT Capital Partners

Zocdoc Acquires Sohar Health To Expand Insurance Verification Infrastructure

El Car Wash Acquires Four Sparkle Express Locations And Plans 50-Site Chicagoland Expansion

Medcotec Raises More Than £2.4 Million To Commercialize Helyx Powder Transfer Valve

Boston Financial Closes $191 Million Affordable Housing Tax Credit Fund

Just Women’s Sports Acquires Victra Sports And Launches Mobile App And Sports-Specific Channels

Datacor Acquires MySep To Expand Process Separator Simulation Capabilities

Suki Secures $90 Million Series E Financing To Scale Healthcare AI Agents

Captona Invests In Nexamp Portfolio With 55 MW Of Solar And 5 MWh Of Battery Storage

Tiger Finance Deploys $78 Million In Q3 Asset-Based Financing

geoSurge: Interview With Co-Founder And CEO Francisco Vigo About AI Visibility And Corpus Engineering

Firefly Raises $20 Million Series A Led By Definition Capital To Build Physical AI Safety Platform

Altay Therapeutics Raises $37 Million Series A To Advance Oral DUX4 Inhibitor For FSHD

Harmonic Security Raises $50 Million Series B Led By Crosspoint Capital Partners

FormativGroup Acquires Saige Consulting To Expand AI And Data Engineering Platform

Leonardo DRS Awarded $500 Million Ceiling IDIQ Contract For Counter-UAS Sensing Systems

Lonergan Names Kirsten Settle And Michael Cunningham As Managing Partners

Savory Fund Closes $201.5 Million Fund III For Emerging Restaurant Brands

Runpod Surpasses $325 Million In ARR And Appoints Brian Erickson As CFO

Senphonix Receives NIH Grant To Advance SleeveSense Continuous Vitals Monitoring Platform

Helium Ventures Acquires Jitsu And Expands Self-Hosting Product Portfolio

HealthpointCapital Invests In Opsitek To Expand Surgical Operations And Patient Flow Intelligence Platform

Aatmunn Secures Up To $8 Million Growth Investment From Memento Growth Partners To Scale SPANR

Terminus Capital Partners Makes Majority Growth Investment In PickTrace

AppWork Acquires Paraspot AI To Expand Into AI Vision-Powered Inspections