Innovation

REX American Resources: Q2 Fiscal 2026 EPS Jumps To Record $1.06 As Gross Profit Reaches $53.3 Million

By Amit Chowdhry ● Sep 3, 2026

REX American Resources reported fiscal second-quarter 2026 net sales and revenue of $168.5 million, up from $158.6 million a year earlier, primarily due to improved pricing.

Phreesia: Q2 Fiscal 2027 Revenue Rises 10% To $129.5 Million As Adjusted EBITDA Reaches $32.9 Million

By Amit Chowdhry ● Sep 3, 2026

Phreesia reported fiscal second-quarter 2027 revenue of $129.5 million, up 10% year over year. The average number of healthcare services clients increased 6% to 4,744, while revenue per client increased 4% to $27,289.

Methode Electronics: Q1 Fiscal 2027 Sales Rise 10% To $265.4 Million As New Awards Reach $400 Million In Lifetime Revenue

By Amit Chowdhry ● Sep 3, 2026

Methode Electronics reported fiscal first-quarter 2027 net sales of $265.4 million, up 10.4% year over year, driven primarily by higher Industrial segment volumes and mix, including strength in data center applications.

Cresco Labs Acquires Nine Pennsylvania Dispensaries For $50 Million

By Amit Chowdhry ● Sep 2, 2026

Cresco Labs has completed the acquisition of 100% of the outstanding equity interests in PharmaCann Penn for $50 million, adding nine operational medical marijuana dispensaries in Pennsylvania.

Vertiv To Acquire UtilityInnovation Group For $1.45 Billion Plus Up To $1.15 Billion Earnout

By Amit Chowdhry ● Sep 2, 2026

Vertiv has agreed to acquire UtilityInnovation Group for approximately $1.45 billion in cash at closing, with the potential for an additional $1.15 billion in cash if the business achieves specified EBITDA targets during 12- and 24-month periods after the transaction.

Lottomatica And CIRSA Agree All-Share Merger To Create €2 Billion EBITDA Gaming Group

By Amit Chowdhry ● Sep 2, 2026

Lottomatica and Blackstone-backed CIRSA have agreed to an all-share combination that would create the world's second-largest listed gaming and sports betting operator, with approximately €2 billion in pro forma Adjusted EBITDA.

Everus Construction Group Completes $295 Million Acquisition Of Epsilon Industries

By Amit Chowdhry ● Sep 2, 2026

Everus Construction Group has acquired Epsilon Industries for $295 million in cash. This strategic move will enhance Everus's capabilities in off-site modular construction, targeting high-demand sectors such as data centers, advanced manufacturing, and healthcare services.

Ryman Hospitality Properties Completes $1.38 Billion Acquisition Of Grande Lakes Orlando Resort

By Amit Chowdhry ● Sep 2, 2026

Ryman Hospitality Properties has completed its acquisition of Grande Lakes Orlando Resort for approximately $1.38 billion, adding one of the largest resort properties in the Orlando market to its hospitality portfolio.

Adobe Acquires Indian AI Marketing Intelligence Startup Rilo

By Amit Chowdhry ● Sep 2, 2026

Adobe has acquired Rilo, an India-based AI marketing intelligence startup, through a transaction involving the acquisition of the company's team and licensing of its technology, according to TechCrunch. The deal gives Adobe a six-person team and technology focused on automating marketing workflows as enterprises increasingly use AI to create, deploy and track campaigns and automate other go-to-market tasks.

LivePerson Stockholders Approve Acquisition By SoundHound AI

By Amit Chowdhry ● Sep 2, 2026

LivePerson stockholders have approved the company's proposed acquisition by SoundHound AI, moving the conversational AI combination closer to completion.

HiddenLayer Raises $100 Million Series B Led By Delta-v Capital

By Amit Chowdhry ● Sep 2, 2026

HiddenLayer has raised $100 million in Series B funding led by Delta-v Capital, with participation from Ten Eleven Ventures, Morgan Stanley, M12, Microsoft's Venture Fund, and Booz Allen Ventures.

Playfly Sports Secures $250 Million Senior Credit Facility From Bain Capital Credit

By Amit Chowdhry ● Sep 2, 2026

Playfly Sports has secured a $250 million senior credit facility from Bain Capital Credit, providing additional capital to support the sports revenue platform's continued growth.

Medici Brands Raises $250 Million Series B Led By Greenoaks And Valor Equity Partners

By Amit Chowdhry ● Sep 2, 2026

Medici Brands has raised $250 million in Series B funding co-led by Greenoaks and Valor Equity Partners, with participation from CEO Peter Rahal, ICONIQ and Imaginary Ventures.

HyImpulse Raises More Than €50 Million In Financing Co-Led By OMVP

By Amit Chowdhry ● Sep 2, 2026

HyImpulse Technologies, a pioneering player in the space technology sector, has secured more than €50 million in financing. OMVP co-led the round and is the sole U.S. investor in the initiative.

COFE Tech Secures Pre-IPO Investment At $178 Million Valuation

By Amit Chowdhry ● Sep 2, 2026

COFE Tech has closed a pre-IPO funding round at a $178 million valuation, positioning the Gulf-based enterprise AI company for a targeted listing on the Saudi Exchange by 2029. The round was co-led by Wa'ed Ventures, the venture capital arm of Aramco, and Aditum Investment Management, alongside Masarrah Investment Company and Alyasra Foods.

TabaPay Raises $155 Million Led By FTV Capital And Plans Acquisition Of Transact Bank

By Amit Chowdhry ● Sep 2, 2026

TabaPay has raised $155 million in strategic growth financing led by FTV Capital and announced plans to acquire Transact Bank, an OCC-chartered and FDIC-insured bank based in Denver.

Typewriter Therapeutics Raises $56 Million Series A To Develop In Vivo CAR T Medicines

By Amit Chowdhry ● Sep 2, 2026

Typewriter Therapeutics has emerged from stealth with $56 million in Series A funding co-led by AN Venture Partners and RA Capital Management, with participation from ANRI, Gemseki and SBI US Gateway Fund.

CPP Investments And Equinix Complete $4 Billion Acquisition Of atNorth

By Amit Chowdhry ● Sep 2, 2026

CPP Investments and Equinix have completed their $4 billion acquisition of atNorth, a Nordic high-density colocation and built-to-suit data center operator.

MongoDB Reports Q2 Fiscal 2027 Revenue Of $771.8 Million, Up 30%, And Raises Full-Year Guidance

By Amit Chowdhry ● Sep 2, 2026

MongoDB reported second-quarter fiscal 2027 revenue of $771.8 million, increasing 30% year over year, marking the company's highest revenue growth rate in several years.

Credo Reports Q1 Fiscal 2027 Revenue Of $479 Million, Up 115% Year Over Year

By Amit Chowdhry ● Sep 2, 2026

Credo Technology Group Holding reported first-quarter fiscal 2027 revenue of $479 million, representing growth of 9.6% sequentially and 114.7% year over year, as demand for the company's high-speed connectivity solutions continued to benefit from expanding AI infrastructure.

Thyme Care Raises Over $125 Million Series E At More Than $2 Billion Valuation And Launches Thyme Companies

By Amit Chowdhry ● Sep 2, 2026

Thyme Care has raised more than $125 million in Series E funding at a valuation exceeding $2 billion, while establishing a new parent entity called Thyme Companies to build additional businesses addressing challenges across the oncology ecosystem.

Prevalent AI Appoints Nitin Maini As CTO To Expand AI-Powered Data Fabric

By Amit Chowdhry ● Sep 2, 2026

Prevalent AI has appointed Nitin Maini as Chief Technology Officer, bringing in an enterprise software and cybersecurity executive to lead the company's technology strategy as it expands the use of its AI-powered Data Fabric and Knowledge Graph.

Konko AI Raises $6 Million Led By Hi Ventures To Scale AI Platform For Healthcare Providers

By Amit Chowdhry ● Sep 2, 2026

Konko AI has raised $6 million in funding led by Hi Ventures, with participation from LifeX Ventures, SquareOne Capital, GroundUp Ventures, Phoenix Fund and angel investors from Harvard, MIT, Google and Tesla.

Lyte Raises $165 Million Series C At $1.6 Billion Valuation For Physical AI Perception Platform

By Amit Chowdhry ● Sep 2, 2026

Lyte has raised $165 million in Series C funding led by Maverick Silicon, valuing the physical AI perception company at $1.6 billion post-money. The round also included Fidelity Management & Research Company, which led Lyte’s Series B, along with Atreides Management, Key1 Capital, Ora Global, formerly Exor Ventures, and additional existing and new investors.

Catch Raises $5 Million Seed Round To Launch Agentic Admin Assistant For Business Leaders

By Amit Chowdhry ● Sep 2, 2026

Catch, an agentic administrative assistant designed for business leaders, has emerged from stealth with $5 million in seed funding co-led by Entrée Capital and Pitango, with participation from Seedcamp and Factorial Capital.

Conveo Raises $50 Million Series A To Build Consumer Understanding Infrastructure For Enterprises

By Amit Chowdhry ● Sep 2, 2026

Conveo has raised $50 million in Series A funding from DST Global Partners, Balderton Capital, Visionaries, 6 Degrees Capital and Y Combinator, bringing the company's total funding to $55.8 million.

Vinci Compass Completes Acquisition Of Navi’s Real Estate Platform, Adding R$800 Million In AUM

By Amit Chowdhry ● Sep 2, 2026

Vinci Compass Investments has completed its acquisition of Navi's Real Estate platform, adding approximately R$800 million in assets under management and expanding its position in Brazil's real estate investment market.

Charityvest Appoints Matt Nash And James Lenhoff To Board Of Directors

By Amit Chowdhry ● Sep 2, 2026

Charityvest has appointed Matt Nash and James Lenhoff to its Board of Directors, adding experienced leaders from the donor-advised fund, nonprofit and wealth management sectors as the organization enters its next phase of growth.

Cureety Acquires Reimagine Care To Expand Precision Oncology Care Platform

By Amit Chowdhry ● Sep 2, 2026

Cureety has acquired Reimagine Care, combining Cureety’s therapy-specific oncology monitoring and clinical intelligence with Reimagine Care’s AI-supported patient engagement platform and oncology-trained care teams.

KKR To Reportedly Acquire A1 Garage Door Service For Around $2 Billion

By Amit Chowdhry ● Sep 2, 2026

KKR has agreed to acquire A1 Garage Door Service for approximately $2 billion, according to sources familiar with the transaction cited by Reuters. The deal would expand KKR's exposure to the residential home services sector.