Innovation

Owner Raises $240 Million At $2.3 Billion Valuation As ARR Tops $100 Million

By Amit Chowdhry ● Aug 28, 2026

Owner has raised $240 million in new financing at a $2.3 billion valuation as the AI-native technology platform expands beyond restaurant software toward becoming a broader operating system for local businesses.

InfiMaker Raises Tens Of Millions From IDG Capital As K1 Kickstarter Pledges Surpass $4 Million

By Amit Chowdhry ● Aug 28, 2026

InfiMaker has completed a new financing round that includes tens of millions of U.S. dollars from IDG Capital, as the desktop manufacturing company reports more than $4 million in Kickstarter pledges for its K1 five-axis CNC machine. The financing marks another institutional-backing milestone for InfiMaker, following earlier investments from Kunlun Capital.

AusperBio Raises $120 Million Series C As Total Funding Reaches $360 Million And AHB-137 Advances Through Phase 3

By Amit Chowdhry ● Aug 28, 2026

AusperBio has closed a $120 million Series C financing to advance its chronic hepatitis B pipeline, including the Phase 3 registrational program and potential commercialization of its lead investigational therapy AHB-137. The financing brings AusperBio's total capital raised since 2024 to $360 million.

Warpify Robotics Raises Pre-Series A From Zhongguancun Zhongnuo Fund To Expand Robotics-As-A-Service Globally

By Amit Chowdhry ● Aug 28, 2026

Warpify Robotics has completed a Pre-Series A financing backed by Zhongguancun Zhongnuo Fund, marking the global robotics company's first institutional funding round.

Lambda Secures $926 Million GPU Term Loan With Baa2 Investment-Grade Rating

By Amit Chowdhry ● Aug 28, 2026

Lambda has closed a $926 million senior secured Term Loan B facility to finance GPU infrastructure supporting a committed customer deployment with an investment-grade offtaker.

CivilGrid Raises $26 Million Series A As PG&E Reports $60+ Million In Eliminated Paving Conflicts

By Amit Chowdhry ● Aug 28, 2026

CivilGrid has raised $26 million in Series A financing to expand its infrastructure planning platform nationally as utilities and engineering firms increasingly use software to reduce delays, construction conflicts and project costs. Spark Capital led the round, with participation from Energy Impact Partners, Afore Capital, A\*, Ford Street Ventures and SNR Ventures.

Metriport Raises $26 Million As Healthcare Data Platform Reaches Amazon One Medical, Sollis Health And Color Health

By Amit Chowdhry ● Aug 28, 2026

Metriport has raised $26 million in new funding to expand its open-source healthcare data infrastructure and develop additional AI, machine learning and agentic capabilities for clinicians. TJ Parker, General Partner at Matrix, led the financing, with participation from ARTIS and Y Combinator. The round brings Metriport's total funding to $28.4 million.

Kardium Secures Up To $31.25 Million From Canada For $125 Million Globe System Manufacturing Expansion

By Amit Chowdhry ● Aug 28, 2026

Kardium will receive up to $31.25 million from the Government of Canada to support a $125 million project expanding manufacturing capacity for its Globe Pulsed Field System in Vancouver, British Columbia. The federal funding is being provided through Canada's Strategic Response Fund and will support an expansion of Kardium's cleanroom manufacturing infrastructure.

Yardstik Raises $30 Million Series B As Revenue Grows 149% And Total Funding Reaches $65 Million

By Amit Chowdhry ● Aug 28, 2026

Yardstik has raised $30 million in Series B financing to expand its workforce fraud prevention, background screening and continuous monitoring platform as the company reports 149% year-over-year revenue growth. Harbert Growth Partners led the financing, with existing investors Rally Ventures, MissionOG, Crosslink Capital, Grotech Ventures and Great North Ventures participating. The round brings Yardstik's total capital raised to $65 million.

Helcim Raises C$53 Million Series C At C$250 Million Valuation As ARR Tops C$150 Million

By Amit Chowdhry ● Aug 28, 2026

Helcim has raised C$53 million in Series C financing at a C$250 million valuation as the payments company expands its platform for small and mid-sized businesses across North America. BDC Capital's Growth Venture Fund led the round. New investors Curql and Gold House Ventures participated alongside existing investors Headline, Aquiline, Information Venture Partners, Vesey Ventures, Clocktower Ventures and Alberta Accelerate Fund. Curql is backed by more than 160 North American credit unions.

Multiplier Raises $6 Million Seed Funding To Build AI Operating System For Asset Managers

By Amit Chowdhry ● Aug 28, 2026

Multiplier has raised $6 million in seed financing to develop AI infrastructure specifically for asset management firms as investors increasingly look beyond general-purpose AI tools toward systems built around their proprietary research and decision-making processes. Lux Capital led the round, with participation from Y Combinator, GoAhead Ventures, Rebel Fund, General Advance, Unpopular Ventures and Amino Capital.

Saul Zaentz Innovation Fund Expands Filmmaker Support After $9+ Million Invested Across 200+ Fellows

By Amit Chowdhry ● Aug 28, 2026

The Saul Zaentz Innovation Fund in Film and Media at Johns Hopkins University is expanding its support for independent filmmakers with new post-production, distribution, and journalism resources as it opens applications for its eleventh fellowship cohort.

Basware To Acquire Trustpair, Extending Payment Fraud Protection Across 2.5 Billion Invoices And 20 Million Suppliers

By Amit Chowdhry ● Aug 28, 2026

Basware has signed a binding agreement to acquire Trustpair, extending its Invoice Lifecycle Management platform into payment fraud prevention.

Hexagon To Acquire Guidance Marine As Maritime Positioning Business Adds €22 Million In Revenue

By Amit Chowdhry ● Aug 28, 2026

Hexagon has agreed to acquire Guidance Marine, expanding its maritime positioning portfolio with sensor technologies used to help vessels safely operate near offshore platforms, wind turbines, quaysides and other ships.

OmicsBank Raises $2.25 Million Seed Funding As Clinical Data Network Reaches 12.5 Million Patients And 90+ Hospitals

By Amit Chowdhry ● Aug 28, 2026

OmicsBank has raised $2.25 million in seed funding from Redesign Health to expand its clinical data infrastructure across the U.S., Asia and the Middle East.

Bath & Body Works: Q2 Sales Fall 2.3% As $80 Million Tariff Refund Nearly Doubles Adjusted EPS

By Amit Chowdhry ● Aug 28, 2026

Bath & Body Works reported lower fiscal second-quarter 2026 sales but substantially higher earnings, with approximately $80 million of tariff refunds providing a major boost to reported and adjusted profitability.

URBN: Sales Rise 10% To Record $1.66 Billion As Nuuly Revenue Jumps 29%

By Amit Chowdhry ● Aug 28, 2026

Urban Outfitters reported record fiscal second-quarter sales and its highest adjusted quarterly profit as growth accelerated across its retail brands, wholesale operation and rapidly expanding Nuuly subscription business.

Dycom: Backlog Jumps 53% To Record $12.2 Billion As Organic Revenue Grows 16.7%

By Amit Chowdhry ● Aug 28, 2026

Dycom Industries delivered record fiscal second-quarter 2027 results as telecommunications and digital infrastructure spending drove double-digit organic growth, expanded profitability, and pushed backlog above $12 billion.

Li Auto: Deliveries And Margins Improve Sequentially As New Models And AI Strategy Advance

By Amit Chowdhry ● Aug 28, 2026

Li Auto reported significant year-over-year margin compression during the second quarter of 2026 as lower vehicle sales and a changing product mix weighed on profitability, even as several key measures improved sequentially from the first quarter.

Donaldson: Q4 Sales Rise 8% As Gross Margin Expands 180 Basis Points

By Amit Chowdhry ● Aug 28, 2026

Donaldson reported record fiscal fourth-quarter 2026 sales and earnings as higher volumes, pricing, favorable mix and the acquisition of Facet Filtration drove revenue growth and significant gross-margin improvement.

Everpure: Revenue Jumps 38% As Product Sales Rise 54%, But Free Cash Flow Swings To Negative $238 Million

By Amit Chowdhry ● Aug 28, 2026

Everpure delivered accelerating top-line growth during its fiscal second quarter of 2027 as demand tied to artificial intelligence and hyperscale data infrastructure drove another sharp increase in revenue.

Williams-Sonoma: Gross Margin Jumps 450 Basis Points, But Falls 160 Basis Points Excluding Tariff Refunds

By Amit Chowdhry ● Aug 28, 2026

Williams-Sonoma reported strong fiscal second-quarter 2026 sales growth and a sharp increase in GAAP profitability, although tariff refunds accounted for more than all of the reported gross-margin expansion.

HP: Revenue Rises 12.5% As Tariff Refunds Add $0.11 To Quarterly EPS

By Amit Chowdhry ● Aug 28, 2026

HP reported double-digit fiscal third-quarter 2026 revenue growth and higher non-GAAP earnings as strength in Personal Systems, improved product availability and continued demand for premium computing devices supported the business.

Okta: GAAP Operating Margin More Than Doubles To 13% As Subscription Backlog Rises 17%

By Amit Chowdhry ● Aug 28, 2026

Okta delivered significant operating leverage during its fiscal second quarter of 2027 as subscription growth, improving sales momentum and continued cost discipline pushed GAAP operating margin to more than twice its prior-year level.

Nutanix: Q4 Operating Margin Nearly Doubles To 9.2% As Revenue And ARR Grow 16%

By Amit Chowdhry ● Aug 28, 2026

Nutanix delivered significant operating leverage in its fiscal fourth quarter of 2026, as both revenue and annual recurring revenue increased 16%, while profitability and free cash flow grew much faster.

J.M. Smucker: Coffee Profit Jumps 124% As Tariff Refunds Boost Quarterly Earnings

By Amit Chowdhry ● Aug 28, 2026

The J.M. Smucker Co.'s U.S. Retail Coffee business delivered a dramatic increase in fiscal first-quarter 2027 profitability as higher pricing and approximately $115 million of tariff refunds helped drive a sharp expansion in margins.

Veeva: Operating Income Jumps 40% As Vault CRM And AI Adoption Accelerate

By Amit Chowdhry ● Aug 28, 2026

Veeva Systems reported faster GAAP earnings growth than revenue during its fiscal second quarter of 2027 as adoption of Vault CRM expanded, its agentic AI products moved further into customer deployments and management raised its full-year outlook.

Agilent: Non-GAAP Margin Expands 320 Basis Points, Including 110-Basis-Point Tariff Refund Benefit

By Amit Chowdhry ● Aug 28, 2026

Agilent Technologies reported strong fiscal third-quarter 2026 revenue growth and substantial operating-margin expansion, prompting the life sciences and diagnostics company to raise its full-year revenue, profitability and earnings expectations.

Synopsys: Design Automation Revenue Jumps 53% As AI Demand Drives Record Quarter

By Amit Chowdhry ● Aug 28, 2026

Synopsys delivered strong fiscal third-quarter 2026 growth as the addition of Ansys and continued demand for electronic design automation pushed Design Automation revenue above $2 billion and helped drive a substantial increase in earnings.

CrowdStrike: Falcon Flex ARR Doubles To $2.29 Billion As Net New ARR Jumps 51%

By Amit Chowdhry ● Aug 28, 2026

CrowdStrike delivered record fiscal second-quarter 2027 recurring-revenue growth as adoption of its Falcon Flex consumption model accelerated, cash generation reached new highs, and management substantially increased its full-year growth outlook.