Innovation

TriGemX Bio Raises $94 Million To Advance Phase 3 Migraine Program

By Amit Chowdhry ● Oct 11, 2026

TriGemX Bio raised $94 million in financing co-led by The Column Group, TCGX, and Viking Global Investors to advance development of elismetrep, its investigational treatment for acute migraine.

Ares Provides $2 Billion Debt Facility To Phoenix Tower International As Part Of $6.5 Billion Financing

By Amit Chowdhry ● Oct 11, 2026

Ares Management provided $2 billion of a $6.5 billion multi-jurisdiction financing for Phoenix Tower International. Ares funded approximately $1.8 billion at closing.

Glenfarne Welcomes More Than $50 Billion U.S.-Korea Investment In Alaska LNG

By Amit Chowdhry ● Oct 11, 2026

Glenfarne Group welcomed the announcement of more than $50 billion of South Korean investment in Alaska LNG, providing a potential source of capital to advance the project toward a final investment decision and construction. Glenfarne is the lead developer and majority owner of Alaska LNG.

Walker & Dunlop Investment Partners Fully Invests $135.8 Million Fund VII

By Amit Chowdhry ● Oct 11, 2026

Walker & Dunlop Investment Partners fully invested Fund VII after deploying $135.8 million across 16 multifamily and industrial investments throughout the U.S. The completion marks the end of Fund VII's investment period.

CrownPoint Partners Tops $160 Million In 2026 Closed Deal Volume

By Amit Chowdhry ● Oct 11, 2026

CrownPoint Partners surpassed $160 million in year-to-date transaction volume during 2026 and entered the fourth quarter with more than $275 million of deals under agreement or actively listed.

Daffy Surpasses $2 Billion In Charitable Assets

By Amit Chowdhry ● Oct 11, 2026

Daffy surpassed $2 billion in charitable assets five years after the donor-advised fund platform launched publicly. The milestone represents substantial growth from more than $720 million in charitable assets entering 2026 and $334 million at the end of 2024.

Meshy Surpasses $100 Million In ARR After Raising Nearly $400 Million At $1.5 Billion Valuation

By Amit Chowdhry ● Oct 11, 2026

Meshy surpassed $100 million in annual recurring revenue, up approximately 100-fold from $1 million in less than two years.

Richardson Electronics: Q1 Revenue Rises 18.9% To $64.9 Million As Backlog Reaches $184.4 Million

By Amit Chowdhry ● Oct 11, 2026

Richardson Electronics reported fiscal 2027 first-quarter net sales of $64.9 million, up 18.9% from $54.6 million a year earlier.

Applied Digital: Q1 Revenue Surges 322% To $341.9 Million

By Amit Chowdhry ● Oct 11, 2026

Applied Digital reported fiscal 2027 first-quarter revenue of $341.9 million, up 322% from the prior-year period as the company continued scaling its AI and high-performance computing data center platform.

Levi Strauss: Q3 Revenue Rises 4% To $1.6 Billion As Company Raises 2026 EPS Outlook

By Amit Chowdhry ● Oct 11, 2026

Levi Strauss & Co. reported third-quarter net revenue of approximately $1.6 billion, up 4% on a reported basis and 5% organically.

AXIL Brands: Q1 Revenue Reaches $6.1 Million As XCOR II Orders Top $3.6 Million

By Amit Chowdhry ● Oct 11, 2026

AXIL Brands reported fiscal 2027 first-quarter net revenue of $6.1 million compared with $6.9 million a year earlier, a decline of 11.2%.

Homeward Raises $120 Million Series D And Secures $330 Million In Debt

By Amit Chowdhry ● Oct 11, 2026

Homeward raised $120 million in Series D equity financing and secured $330 million in asset-backed debt facilities to expand its cash offer and bridge financing products. Saluda Grade led the Series D.

Maxwell Power Secures Additional $800 Million Commitment From Fairtide Partners

By Amit Chowdhry ● Oct 11, 2026

Maxwell Power secured an additional $800 million investment commitment from Fairtide Partners to purchase battery storage and solar power projects.

NOVAGOLD: Q3 Ends With $343.4 Million In Cash As Donlin Gold Ownership Deal Advances

By Amit Chowdhry ● Oct 11, 2026

NOVAGOLD Resources ended its fiscal third quarter with approximately $343.4 million in cash and term deposits as it advances plans to acquire the remaining 40% interest in Donlin Gold from Paulson Advisers and its affiliates.

Oil-Dri: Fiscal 2026 Revenue Reaches Record $493.8 Million As Net Income Hits $57 Million

By Amit Chowdhry ● Oct 11, 2026

Oil-Dri Corporation of America reported record fiscal 2026 net sales of $493.8 million, up 2% from $485.6 million in the prior year.

Park Aerospace: Q2 Revenue Rises 27% To $20.8 Million As Net Earnings Nearly Double

By Amit Chowdhry ● Oct 11, 2026

Park Aerospace reported higher sales and sharply improved earnings for its fiscal 2027 second quarter ended August 30, 2026.

Helen Of Troy: Q2 Sales Rise 2.1% As Company Raises Fiscal 2027 Profit Outlook

By Amit Chowdhry ● Oct 11, 2026

Helen of Troy reported fiscal 2027 second-quarter net sales of $440.9 million, up 2.1% from $431.8 million in the prior-year period.

Tilray: Q1 Revenue Jumps 23% To Record $257 Million

By Amit Chowdhry ● Oct 11, 2026

Tilray Brands reported record fiscal 2027 first-quarter net revenue of $257.1 million, up 23% from $209.5 million in the prior-year period.

Byrna Technologies Highlights Margin Expansion, Marketing Momentum And Growth Initiatives In Q3 2026

By Amit Chowdhry ● Oct 11, 2026

Byrna Technologies reported fiscal third-quarter 2026 results while highlighting improving gross margins, stronger digital engagement, expanded marketing initiatives, and several strategic moves designed to position the personal defense technology company for renewed growth.

AngioDynamics Q1 Revenue Rises 6.9% To $80.9 Million As Med Tech Sales Grow 13.2%

By Amit Chowdhry ● Oct 11, 2026

AngioDynamics reported fiscal 2027 first-quarter net sales of $80.9 million, up 6.9% year-over-year.

Delta Air Lines Reports Record Q3 Revenue As Demand Strength And Premium Growth Offset Higher Fuel Costs

By Amit Chowdhry ● Oct 11, 2026

Delta Air Lines reported record September quarter revenue as broad demand strength, healthy yields, premium growth, and diversified revenue streams helped the airline absorb a significant increase in fuel costs.

Horizon Aircraft Ends Q1 With More Than $70 Million In Cash As Cavorite X7 Development Advances

By Amit Chowdhry ● Oct 11, 2026

Horizon Aircraft ended its fiscal 2027 first quarter with more than $70 million in cash as it continued development of its full-scale Cavorite X7 hybrid-electric VTOL aircraft.

Resources Connection Highlights Cost Improvements And Stabilization Signs In Q1 Fiscal 2027

By Amit Chowdhry ● Oct 11, 2026

Resources Connection reported first-quarter fiscal 2027 revenue of $98.1 million, while management highlighted improving cost discipline, pricing strength in On-Demand Talent, and signs of stabilization across parts of the business.

Heartbeats Raises $15 Million To Expand Digital Collectibles Platform

By Amit Chowdhry ● Oct 11, 2026

Heartbeats raised $15 million to expand ORICAL, its official digital collecting platform for sports and entertainment fans in Japan. Vertex Ventures Japan participated in the financing.

Nebius Acquires Inferize To Expand Token Factory Inference Platform

By Amit Chowdhry ● Oct 11, 2026

Nebius acquired Inferize, an inference optimization company whose technology is designed to reduce the time required to launch and scale large AI models. Inferize's technology and engineering team have joined Nebius Token Factory, the company's managed inference platform for production AI workloads.

Lambda Closes $1.008 Billion Senior Secured Financing To Fund AI Infrastructure

By Amit Chowdhry ● Oct 11, 2026

Lambda closed a $1.008 billion investment-grade delayed-draw term loan to finance GPU infrastructure supporting committed AI infrastructure deployments. The financing represents Lambda's first U.S. fixed-rate financing and its first institutional debt transaction exceeding $1 billion.

NexBank Capital Raises $150 Million In Common Equity

By Amit Chowdhry ● Oct 11, 2026

NexBank Capital closed a $150 million capital raise through the sale of non-voting common stock, providing additional capital to support growth and general corporate purposes. The deal closed on September 29, 2026.

Lydian Energy Secures $300 Million Credit Facility From Infranity

By Amit Chowdhry ● Oct 11, 2026

Lydian Energy closed a $300 million holding company credit facility with Infranity to accelerate development of utility-scale battery energy storage and renewable energy projects. The financing will support development, construction, acquisition, and operation of Lydian's portfolio of battery storage and solar projects. Lydian is backed by Excelsior Energy Capital.

TCW Names Michael Chambers Managing Director In Institutional Advisory Group

By Amit Chowdhry ● Oct 11, 2026

TCW appointed Michael Chambers as a Managing Director in its Institutional Advisory Group, where he will work with institutional investors across the Southeastern U.S.

Avient Names Mike Frank As President And CEO

By Amit Chowdhry ● Oct 11, 2026

Avient Corporation appointed Mike Frank as President and Chief Executive Officer, effective immediately, as the specialty materials company moves into its next phase of growth and operational execution.