Innovation

PAX Health Acquires MAKRAF IME To Expand New Jersey Independent Medical Examination Network

By Amit Chowdhry ● Jul 17, 2026

PAX Health has acquired MAKRAF IME, a statewide provider of psychology and neuropsychology independent medical examinations in New Jersey. Financial terms of the transaction were not disclosed.

Graybar To Acquire Samson Electrical Supply To Expand New Jersey Presence

By Amit Chowdhry ● Jul 17, 2026

Graybar has entered into an agreement to acquire Samson Electrical Supply, a New Jersey-based distributor of electrical products and related equipment. The transaction is expected to close in early August 2026. Financial terms were not disclosed.

Moneybox Valuation Reaches £800 Million With Planned £45 Million Employee Share Sale

By Amit Chowdhry ● Jul 17, 2026

Moneybox is preparing a secondary share sale worth up to £45 million that will value the UK digital wealth management platform at approximately £800 million, or about $1.1 billion. The valuation represents an increase of approximately 45% from Moneybox’s previous secondary transaction in October 2024.

British Business Bank Commits €25 Million To EQT Health Economics 3 Fund

By Amit Chowdhry ● Jul 17, 2026

The British Business Bank has committed €25 million to EQT Life Sciences’ EQT Health Economics 3 Fund, supporting investment in commercial-stage medical technology and digital health companies.

Aina Raises $5.5 Million To Develop AI Hardware Interface Beyond Touchscreens And Keyboards

By Amit Chowdhry ● Jul 17, 2026

Aina has raised $5.5 million in seed funding to bring its first general-purpose artificial intelligence hardware interface to market and expand its teams in San Francisco and Bangalore. Redstart Labs and 360 ONE Asset led the round. MIXI Global Investments, Antler and Blume Founders Fund also participated. Individual investors included Kunal Shah, Tikhon Bernstam, Razorpay founders Harshil Mathur and Shashank Kumar, and Better Capital founder Vaibhav Domkundwar, among others.

GroundForce Capital Invests In Rock River Laboratory To Support Growth And Acquisitions

By Amit Chowdhry ● Jul 17, 2026

GroundForce Capital has made a strategic investment in Rock River Laboratory, the largest independent agricultural testing platform in North America. Financial terms of the transaction were not disclosed.

Truecaller To Acquire TextPlus For $15 Million To Expand U.S. Communications Platform

By Amit Chowdhry ● Jul 17, 2026

Truecaller has entered into an agreement to acquire TextPlus, a U.S.-based communications software company, for $15 million on a cash- and debt-free basis.

WAGO Group Appoints Björn Twiehaus As CEO

By Amit Chowdhry ● Jul 17, 2026

WAGO Group has appointed Björn Twiehaus as chief executive officer, effective September 15, 2026, as the family-owned electrical interconnection and automation technology company prepares for its next phase of growth.

Masdar Achieves Financial Close On $6.1 Billion 24/7 Clean Energy Project

By Amit Chowdhry ● Jul 17, 2026

Masdar has reached financial close on a $6.1 billion renewable energy project in Abu Dhabi designed to deliver one gigawatt of continuous clean electricity around the clock. The project combines a 5.2-gigawatt solar photovoltaic plant with a 19-gigawatt-hour battery energy storage system, creating what Masdar describes as the world’s first gigascale round-the-clock renewable energy development.

Kimbell Royalty Partners Announces $215.4 Million Drop-Down Acquisition

By Amit Chowdhry ● Jul 17, 2026

Kimbell Royalty Partners has agreed to acquire a portfolio of oil and gas royalty interests from affiliated sellers for approximately $215.4 million, expanding the company’s mineral and royalty holdings across several major U.S. energy-producing regions.

Hyundai Motor Group Shareholders Pursue Acquisition Of SoftBank’s Remaining Boston Dynamics Stake

By Amit Chowdhry ● Jul 17, 2026

Hyundai Motor Group shareholders are pursuing the acquisition of SoftBank Group’s entire remaining stake in Boston Dynamics as the automaker seeks to deepen its ownership of the robotics company and accelerate its long-term artificial intelligence and robotics strategy.

Poolhouse Raises $55 Million Growth Investment Led By Bluestone Equity Partners

By Amit Chowdhry ● Jul 17, 2026

Poolhouse has raised $55 million in growth equity financing led by Bluestone Equity Partners to accelerate the global expansion of its technology-enabled cue sports platform and premium entertainment venues.

Reo.Dev Raises $11.3 Million Series A To Expand AI-Native Go-To-Market Platform

By Amit Chowdhry ● Jul 17, 2026

Reo.Dev has raised $11.3 million in Series A funding to expand its AI-native go-to-market platform for companies selling software and infrastructure products to engineering and technical teams. Elevation Capital led the round, with participation from returning investors Heavybit, India Quotient and Foster Ventures. Uncorrelated Ventures joined as a new investor, alongside several angel investors and AI industry executives. The financing brings Reo.Dev’s total funding to $15.3 million and follows the company’s seed round, which was announced eight months earlier.

Pulse Security Raises $8 Million Seed Funding And Launches AI Platform For CISOs

By Amit Chowdhry ● Jul 17, 2026

Pulse Security AI has raised $8 million in seed funding and launched from stealth with an operational management platform designed to help chief information security officers oversee cybersecurity programs, automate workflows and communicate business risk to executives and boards. Foundation Capital led the funding round, with participation from Zetta Venture Partners. Pulse plans to use the capital to expand its engineering and go-to-market teams as it responds to demand from enterprises seeking a more centralized way to manage cybersecurity operations.

Nebius Raises $775 Million In First Secured Debt Financing To Expand AI Cloud Platform

By Amit Chowdhry ● Jul 17, 2026

Nebius Group has entered into its first senior secured debt facility, raising approximately $775 million to accelerate the global expansion of its full-stack artificial intelligence cloud platform. The Amsterdam-headquartered company plans to use the proceeds to increase the computing capacity available to AI developers, startups and enterprise customers. Nebius provides infrastructure and software supporting the AI development lifecycle, including data processing, model training and production deployment.

Clarivoy Appoints Yuriy Demidko As Chief Technology And Product Officer

By Amit Chowdhry ● Jul 17, 2026

Clarivoy has appointed Yuriy Demidko as chief technology and product officer, bringing in a former Apple engineering leader and automotive technology executive to guide the company’s product strategy, engineering organization and artificial intelligence initiatives.

Cytronic Raises $13.5 Million Seed Funding To Automate E-Commerce Fulfillment

By Amit Chowdhry ● Jul 17, 2026

Cytronic has raised $13.5 million in seed funding to develop robotic fulfillment facilities that help direct-to-consumer brands reduce shipping costs, deliver orders faster and scale without building their own warehouse infrastructure. Slow Ventures led the round through partner Will Quist. Geek Ventures, Failup Ventures, Alumni Ventures, Spacecadet, Weekend Fund, Mana Ventures, Rice Capital and Script Capital also participated. Individual investors in the round included Adam Nash and Gokul Rajaram, along with several other backers.

Meticulous Raises $15 Million Series A To Accelerate AI-Powered Software Development

By Amit Chowdhry ● Jul 17, 2026

Meticulous has raised $15 million in Series A funding to expand its automated software testing platform and help engineering teams release AI-generated code more quickly without compromising product quality.

Kish Insurance Welcomes the Shuck Agency And Andy Cipar Of Huntingdon

By Amit Chowdhry ● Jul 17, 2026

Kish Bancorp, parent company of Kish Bank, announced that the Shuck Agency will join Kish Insurance, the property and casualty insurance subsidiary of Kish Bank, effective August 1, 2026. The collaboration unites two organizations with a shared commitment to local, personalized service, trusted relationships, and strong community ties, enhancing the Shuck Agency's ability to serve its clients while strengthening Kish Insurance's reach across the region.

Visa Introduces Platform for Stablecoin Minting, Movement, And Management

By Amit Chowdhry ● Jul 17, 2026

Visa announced the Visa Stablecoin Platform, a new enterprise platform designed to help financial institutions, fintechs, and crypto natives access stablecoin capabilities through a single Visa-managed environment. Building on Visa's broader crypto strategy, the platform gives financial institutions, fintechs, and other payment providers a way to access, store, and redeem stablecoins, beginning with Open USD, a new stablecoin recently introduced by Open Standard, including onchain wallet infrastructure through a newly introduced Wallet-as-a-Service offering and connectivity for minting and burning Open USD.

ReefHaven Ventures: UCSD Bioengineering Alumnus Garrett Smith Launches Fund Focused On San Diego MedTech Startups

By Amit Chowdhry ● Jul 17, 2026

Garrett Smith, a University of California San Diego bioengineering PhD alumnus, has launched ReefHaven Ventures as founding managing partner, a San Diego-focused venture capital fund dedicated to early-stage medical technology startups with a focus on reinvesting in the local innovation ecosystem. Smith previously founded his first company as a doctoral student, stewarded technologies through FDA approval, led multiple startups to successful acquisition, directed early innovation partnerships for Johnson and Johnson Innovation, and oversaw a corporate venture capital fund for MedeonBIO.

Kennesaw State’s Mookerji Innovation Fund Reaches 50 Startup Investments After Deploying Nearly $700,000

By Amit Chowdhry ● Jul 17, 2026

Kennesaw State University’s Mookerji Innovation Fund has completed its 50th startup investment, reaching a milestone established when the university launched the student-focused funding program slightly more than five years ago.

Google Partners With Georgia Public Library Service to Offer No-Cost Career and AI Training to State Residents

By Amit Chowdhry ● Jul 17, 2026

Google has announced a partnership with the Georgia Public Library Service to provide Georgia public library cardholders with no-cost access to Google Career Certificates and professional artificial intelligence courses.

Choreo Acquires $700 Million Firm Resource Financial Group Assets

By Amit Chowdhry ● Jul 17, 2026

Choreo announced it has acquired all the assets of Resource Financial Group, a Wilmette, Illinois-based registered investment adviser with approximately $700 million in assets under management as of April 30, 2026. RFG is led by wealth managers Peter M. Maris, Founding Partner, and Brian Pugal, Partner, and is supported by a six-person client service team led by Alexandra Moise, working primarily with closely held business owners and families on business transitions, liquidity events, and retirement planning.

ZetaDisplay Acquires Retailmediatools To Expand Retail Media Software Capabilities

By Amit Chowdhry ● Jul 17, 2026

ZetaDisplay has agreed to acquire retailmediatools, a Berlin-based software company that provides an API-first, cloud-native retail media platform. Financial terms of the transaction were not disclosed. Completion of the acquisition and the transfer of ownership remain subject to customary closing conditions.

Verdane Acquires Portfolio Of Technology Businesses From Trifork Group

By Amit Chowdhry ● Jul 17, 2026

Verdane, the European specialist growth buyout investment firm, announced that it has acquired a portfolio of ownership stakes in four technology businesses from Trifork Labs, the venture-financed R&D division of Trifork Group. The transaction will see Verdane partner with Axoniq, the pioneer in event-sourcing architecture; Dawn Health, a patient-centric digital health business; and Frameo, the biggest software provider for WiFi photo frames in the world, enabled by a joint ownership structure alongside Trifork Group. Verdane has also directly acquired an ownership stake in XCI, a cybersecurity business delivering communication intelligence solutions.

Airhive Acquires Carbyon To Create European Direct Air Capture Technology Leader

By Amit Chowdhry ● Jul 17, 2026

Airhive has acquired Carbyon, combining two European direct air capture technology developers to create a larger Anglo-Dutch company focused on reducing the cost of removing carbon dioxide directly from the atmosphere. Financial terms of the transaction were not disclosed.

MoonPay Acquires Glide To Strengthen Crypto Deposits Infrastructure In Sixth Deal Of 2026

By Amit Chowdhry ● Jul 17, 2026

MoonPay, the global crypto financial technology company, has acquired Glide, a crypto deposit technology company that enables apps to accept deposits in any token, wallet, exchange, or payment card without requiring users to manually convert assets before transacting. Glide's team, technology, and customer base are joining MoonPay, with the technology folding into MoonPay Deposits. Financial terms were not disclosed.

RTX’s Pratt & Whitney Advances Engine Inspections With AI-Powered Technology

By Amit Chowdhry ● Jul 17, 2026

Pratt & Whitney, an RTX business, is expanding its engine inspection capabilities with AI-assisted borescope software through the acquisition and integration of Amsterdam-based Aiir Innovations. The technology enables a step change in how inspections are performed, enhancing consistency and efficiency across global maintenance, repair, and overhaul operations for commercial, civil, and military engines.

Whatnot Acquires Shaped To Accelerate AI-Powered Discovery Across Live Commerce

By Amit Chowdhry ● Jul 17, 2026

Whatnot has acquired Shaped, an artificial intelligence company specializing in recommendation and ranking infrastructure, to strengthen product discovery across its live shopping platform. Financial terms of the transaction were not disclosed.