Innovation

Cherubic Ventures Closes $68.88 Million Fund VI As AUM Tops $500 Million And Sudo AI Nears $2 Billion Valuation

By Amit Chowdhry ● Sep 1, 2026

Cherubic Ventures has closed its sixth fund at $68.88 million, bringing total assets under management across the firm's six funds above $500 million as it continues concentrating on early-stage AI investments.

ZonPrep Acquires Wizard-Industries And FNSKU Studio As Amazon Inbound Volume Tops 20 Million Units Monthly

By Amit Chowdhry ● Sep 1, 2026

ZonPrep has acquired Wizard-Industries and FNSKU Studio, bringing two Amazon-focused inbound logistics software platforms under the same ownership as its rapidly expanding physical fulfillment operation.

Physical Superintelligence Raises $58 Million Seed To Build AI Physics Lab And Virtual Physicist Platform

By Amit Chowdhry ● Sep 1, 2026

Physical Superintelligence has launched with $58 million in seed funding to build what it describes as an AI-native physics laboratory staffed by virtual physicists capable of running large-scale simulations, testing hypotheses and designing physical systems. Breakthrough Energy Ventures led the financing.

Mech-Mind Robotics Lists In Hong Kong At HK$12.71 Billion Valuation As Deployments Top 29,000 Units

By Amit Chowdhry ● Sep 1, 2026

Mech-Mind Robotics has listed on the Hong Kong Stock Exchange at a market capitalization of approximately HK$12.71 billion, marking another major public-market milestone for the rapidly expanding physical AI sector.

Enovis To Acquire eCential Robotics To Expand Surgical Robotics And ASTRA Enabling Technology Platform

By Amit Chowdhry ● Sep 1, 2026

Enovis has entered a binding offer to acquire eCential Robotics, adding a modular surgical robotics and navigation platform to its orthopedic technology portfolio and accelerating its expansion into robotic-assisted surgery.

BOXABL Signs Agreement For Up To 1,500 Homes With LC Vegas Acquisitions

By Amit Chowdhry ● Sep 1, 2026

BOXABL has entered into a multi-year purchase agreement with LC Vegas Acquisitions covering up to 1,500 factory-built homes over a three-year period, representing the company's largest announced residential purchase arrangement to date.

Cedar Rapids Metro Economic Alliance: Interview With President And CEO Juliet Abdel About Cross-Border Trade And Regional Growth

By Amit Chowdhry ● Sep 1, 2026

The Cedar Rapids Metro Economic Alliance represents more than 1,200 businesses and supports the Cedar Rapids region through economic development, public policy, business support programs, and community development. Pulse 2.0 interviewed Cedar Rapids Metro Economic Alliance President and CEO Juliet Abdel to learn more.

Odyssey Energy Solutions Raises $74 Million As Platform Facilitates $3.6 Billion In Distributed Energy Capital

By Amit Chowdhry ● Sep 1, 2026

Odyssey Energy Solutions has raised $74 million in new financing to expand its distributed renewable energy financing and procurement platform across Africa, Asia and Latin America. The financing consists of a $27 million equity round and $47 million of debt. New equity investors include Broadscale Group, FMO and Al Mada Ventures, while Union Square Ventures, Equal Ventures, Abstract Ventures, Twelve Below, FJ Labs, MCJ and Transition Ventures participated again.

DNO To Acquire Capricorn Energy For $396 Million, Outbidding Genel By 10%

By Amit Chowdhry ● Sep 1, 2026

DNO has reached an agreement to acquire Capricorn Energy in a recommended all-cash transaction valuing the London-listed energy company at approximately $396 million on a fully diluted basis, giving DNO a major entry into Egypt and topping the competing offer from Genel Energy.

Tesla Discontinues Solar Roof Tiles As Product Proves Financially Unviable

By Amit Chowdhry ● Sep 1, 2026

Tesla has discontinued its Solar Roof tiles and informed certified third-party installers that the integrated roofing product will no longer be available to order, according to Electrek. Tesla will instead continue supplying conventional rooftop solar panels, completing a significant retreat from a product first introduced nearly a decade ago.

Anthropic Reportedly Signs $35 Billion Lambda Cloud Deal For 350 MW Texas AI Data Center

By Amit Chowdhry ● Sep 1, 2026

Anthropic has signed a $35 billion cloud computing agreement with Nvidia-backed Lambda tied to a roughly 350 MW artificial intelligence data center in Texas, Reuters reported, citing a person familiar with the transaction.

GameStop Projects Q2 Net Income Up To $310 Million As eBay Gains Reach $238 Million

By Amit Chowdhry ● Sep 1, 2026

GameStop released preliminary second-quarter 2026 results showing a sharp increase in profitability despite a substantial decline in sales, with approximately $238 million in gains from its eBay investment providing a major contribution to quarterly net income.