Innovation

Allium Raises $40 Million Series B To Power Blockchain Infrastructure For Institutional Finance

By Amit Chowdhry ● Jun 23, 2026

Allium announced it raised $40 million in Series B funding to expand its blockchain data platform for institutional finance. The round was led by Amplify Partners, with participation from existing investors Kleiner Perkins and Theory Ventures. As part of the investment, Amplify’s David Beyer will join Allium’s board.

Colbeck Capital Launches Strategic Income Vertical With $400 Million

By Amit Chowdhry ● Jun 23, 2026

Colbeck Capital Management announced the launch of Colbeck Strategic Income (CSI), a new direct lending vertical with an initial capital commitment of approximately $400 million.

Nicholas Global Equity And Income ETF Crosses $100 Million In Assets

By Amit Chowdhry ● Jun 23, 2026

XFUNDS announced that the Nicholas Global Equity and Income ETF (NYSE: GIAX) has surpassed $100 million in assets under management as of June 11, 2026.

Rapalogix Health Raises $20 Million To Expand Re-Q Health And Advance Therapeutics Pipeline

By Amit Chowdhry ● Jun 23, 2026

Rapalogix Health, a Carlsbad, California-based biotechnology company focused on cellular longevity and skin health, announced it closed a $20 million Series A financing. The round was co-led by GordonMD Global Investments LP and Woodline Partners.

White Oak Global Advisors Expands UK SME Financing With New Senior-Secured Private Credit Strategy

By Amit Chowdhry ● Jun 23, 2026

White Oak UK, an affiliate of White Oak Global Advisors, announced plans to launch a new private credit strategy to support UK reindustrialization by financing manufacturing modernization, industrial capacity, capital equipment, infrastructure, and supply chain resilience.

Osanni Bio Raises $190 Million In Series B Funding

By Amit Chowdhry ● Jun 23, 2026

Osanni Bio announced it has closed a $190 million Series B financing round led by Patient Square Capital. Existing investors Horowitz Group, Invus Opportunities, and the Retinal Degeneration Fund also participated in the round.

Air Distribution Technologies Completes Sale Of PennBarry To Hessaire

By Amit Chowdhry ● Jun 23, 2026

Air Distribution Technologies, an industry leader in designing and manufacturing high-performance products for the HVAC ecosystem and a portfolio company of Truelink Capital, announced it has completed the sale of its PennBarry business to Hessaire Products.

BARBRI Acquires Lega To Accelerate Practical AI Fluency Across Legal Profession

By Amit Chowdhry ● Jun 23, 2026

BARBRI announced the acquisition of Lega, a platform that helps law students, legal professionals, and law firms develop real-world artificial intelligence fluency through practical, build-as-you-learn experiences.

PNC Completes FirstBank Customer Conversion

By Amit Chowdhry ● Jun 23, 2026

PNC Financial Services Group announced that it completed the conversion of 780,000 customers, more than 1,620 employees, and 95 branches across Colorado and Arizona from FirstBank to PNC Bank.

DermDox Group Acquires Modern Aesthetics Plastic Surgery

By Amit Chowdhry ● Jun 23, 2026

DermDox Group announced the acquisition of Modern Aesthetics Plastic Surgery, an aesthetic medicine and plastic surgery practice known for cosmetic outcomes and patient experiences.

ChartSpan Acquires Validic To Create Data-Driven Clinical Care Platform

By Amit Chowdhry ● Jun 23, 2026

ChartSpan announced that it completed the acquisition of Validic, a personal health data platform. The combined company will operate as ChartSpan and provide clinical services, devices, and infrastructure for healthcare clients.

Jason Kow Completes Acquisition Of Queensgate Investments

By Amit Chowdhry ● Jun 23, 2026

Jason Kow has completed the acquisition of 100% of Queensgate Investments from AlTi Global.

JARCO Companies Acquires JW Sands And Launches JARCO Sands Brand

By Amit Chowdhry ● Jun 23, 2026

JARCO Companies announced that it completed the acquisition of JW Sands in Poteet, Texas. The transaction became effective on November 1, 2025, and the acquired operation will now run under the company’s newly launched JARCO Sands brand.

MoonPay Acquires Entendre To Bring Agentic Finance To Stablecoin Economy

By Amit Chowdhry ● Jun 23, 2026

MoonPay announced the acquisition of Entendre, a company that builds AI accounting agents for stablecoin payment and fintech companies.

KMT Group Expands Global UHP Portfolio With Shape Waterblast Group And Advanced Pressure Systems

By Amit Chowdhry ● Jun 23, 2026

KMT Group announced the expansion of its global ultrahigh-pressure portfolio to include Shape Waterblast Group and its flagship brand Advanced Pressure Systems, along with Aqua-Dyne and Riverstone Pressure Systems.

Precision Production Appoints Rick Sykora As Chief Financial Officer

By Amit Chowdhry ● Jun 23, 2026

Precision Production announced the promotion of Rick Sykora to Chief Financial Officer. Sykora joined Precision Production in 2023 as Director of Finance & Accounting. Since then, he has played a key role in strengthening the company’s financial foundation, supporting strategic growth initiatives, and helping shape its long-term vision.

EIS Acquires ARM Environmental Services To Expand Tank And Remediation Capabilities Across The Southeast

By Amit Chowdhry ● Jun 23, 2026

EIS – Environmental Infrastructure Solutions announced it has acquired ARM Environmental Services, a Columbia, South Carolina-based environmental services firm known for underground storage tank and site rehabilitation work across the Southeast.

Greenstone Biosciences And Intel Launch Strategic Collaboration To Scale Human-Centric Drug Discovery

By Amit Chowdhry ● Jun 23, 2026

Greenstone Biosciences announced a strategic collaboration with Intel to accelerate AI-enabled drug discovery using Greenstone’s large-scale human biobank of induced pluripotent stem cells and Intel’s Edge AI computing and AI infrastructure.

INFRONEER Teams With Accenture To Build Financial Data And Insights Platform

By Amit Chowdhry ● Jun 23, 2026

INFRONEER Holdings announced that it worked with Accenture to build a new financial data and insights platform in three months to advance its group management capabilities.

Arthur J. Gallagher & Co. Acquires Cincinnati Benefit Solutions

By Amit Chowdhry ● Jun 23, 2026

Arthur J. Gallagher & Co. announced it has acquired Cincinnati Benefit Solutions, an Ohio-based employee benefits firm. The terms of the deal were not disclosed.

Daxko Acquires FitnessForce To Broaden Global Fitness Software Portfolio

By Amit Chowdhry ● Jun 23, 2026

Daxko announced it has acquired FitnessForce, an award-winning, API-first membership management platform built for multi-location, franchise, and international fitness operators.

Bear Robotics To Acquire Kinisi Robotics To Complete Physical AI Platform

By Amit Chowdhry ● Jun 23, 2026

Bear Robotics announced that it signed a definitive agreement to acquire Kinisi Robotics. Upon closing, Kinisi will become part of Bear Robotics, and the transaction is expected to close in the coming days.

TELEO Capital Acquires Pharmaceutical Manufacturing Intelligence Platform Modersys From Applied Materials

By Amit Chowdhry ● Jun 23, 2026

TELEO Capital Management announced it has acquired SmartFactory Rx, a pharmaceutical manufacturing intelligence platform, from Applied Materials. As part of the transaction, SmartFactory Rx has been rebranded as Modersys.

Children’s Hospital Los Angeles Receives Up To $17.25 Million Grant To Advance Autism Research

By Amit Chowdhry ● Jun 23, 2026

Children’s Hospital Los Angeles announced it has received a grant of up to $17.25 million through the Aligning Research to Impact Autism (ARIA) Innovative Medicine and Precision Approaches to Clinical Trials (IMPACT) Network. The funding will support CHLA’s role in an international clinical trial network focused on accelerating new therapies for children with autism and related neurodevelopmental conditions.

Isometric Raises $40 Million To Expand Agentic Certification Platform

By Amit Chowdhry ● Jun 23, 2026

Isometric announced it raised $40 million in Series A funding to expand its agentic certification platform across the industrial economy. The round was led by AVP, which counts global insurer AXA as an anchor investor.

Prosper AI Raises $30 Million To Scale Patient Journey Platform

By Amit Chowdhry ● Jun 23, 2026

Prosper AI announced it raised $30 million in Series A funding to scale its AI platform for managing the full patient journey. The round was led by Andreessen Horowitz, with participation from Base10 and continued support from Emergence Capital, Y Combinator, and Company Ventures.

One Biosciences Receives BOOST Funding To Advance Single-Cell Assay For ADC Therapies

By Amit Chowdhry ● Jun 23, 2026

One Biosciences announced financial support through a Paris-Saclay Cancer Cluster BOOST grant to develop what it describes as the first single-cell assay for antibody-drug conjugate therapies in oncology.

X-Caliber Provides $431 Million In Financing For Coco Palms Resort Redevelopment

By Amit Chowdhry ● Jun 23, 2026

X-Caliber announced that it provided $431 million of Rural PACE-X financing for the redevelopment of the Coco Palms Resort in Kauai, Hawaii. The financing will support the restoration of one of Hawaii’s most historic hospitality destinations.

Firm Prospects Partners With UniCourt To Expand Attorney And Law Firm Profiles

By Amit Chowdhry ● Jun 23, 2026

Firm Prospects announced a strategic partnership with UniCourt to significantly expand the depth of attorney and law firm intelligence available on the Firm Prospects platform.

Acorn Acquires B Online Learning To Strengthen Workforce Readiness Platform

By Amit Chowdhry ● Jun 23, 2026

Acorn announced the acquisition of B Online Learning, an Australia and New Zealand-based eLearning design and development provider. The deal brings expert-built content and regional Articulate training capabilities into Acorn’s skills and development platform.