Innovation

Vestis Appoints Russell Tiejema As CFO And Reaffirms Fiscal 2026 Outlook

By Amit Chowdhry ● Sep 29, 2026

Vestis Corporation has appointed Russell Tiejema as Executive Vice President and Chief Financial Officer, effective September 28, 2026, adding a finance executive with more than 30 years of experience as the uniform and workplace supplies company continues its business transformation.

RemoteThreat Raises $7 Million In Pre-Seed Funding And Emerges From Stealth With O/C/O Platform

By Amit Chowdhry ● Sep 29, 2026

RemoteThreat has emerged from stealth with $7 million in pre-seed funding and the launch of its O/C/O Platform, an AI-enabled platform designed for offensive cyber operations. The company is targeting enterprise and critical infrastructure red teams, U.S. government mission teams, and vetted defense partners, with the funding intended to accelerate platform deployment and additional feature development.

Newmark Appoints Mike Whitaker As Group Chief Information Officer

By Amit Chowdhry ● Sep 29, 2026

Newmark Group has appointed Mike Whitaker as Group Chief Information Officer, expanding its executive technology leadership as the commercial real estate services company increases its focus on data, technology, security, and scalable enterprise infrastructure.

Omnissa Appoints Former Palo Alto Networks President Amit Singh As CEO

By Amit Chowdhry ● Sep 29, 2026

Omnissa has appointed Amit Singh as CEO, effective immediately, bringing in the former President of Palo Alto Networks and co-founder and former President of Google Cloud as the digital workspace company prepares for what it describes as an emerging era of "agentic endpoints."

Onside Acquires Assura As Combined Agriculture Software Platform Reaches 60,000 Users

By Amit Chowdhry ● Sep 29, 2026

Onside has acquired Assura, combining two Christchurch, New Zealand-founded software companies and expanding Onside's operational intelligence platform for agriculture.

Leica Biosystems Acquires StatLab From Linden Capital And Audax Private Equity

By Amit Chowdhry ● Sep 29, 2026

Leica Biosystems, a Danaher company, has completed its acquisition of StatLab Medical Products from Linden Capital Partners and Audax Private Equity, expanding its portfolio of products used across the anatomic pathology and cancer diagnostics workflow.

Crescent Provides Unitranche Financing For Oakley Capital-Backed Infravadis

By Amit Chowdhry ● Sep 29, 2026

Crescent Capital Group has provided unitranche financing to support the refinancing and recapitalization of Infravadis, a portfolio company of Oakley Capital focused on underground infrastructure maintenance in Europe.

National Healthcare Properties To Sell 40 Outpatient Medical Facilities For $531 Million

By Amit Chowdhry ● Sep 28, 2026

National Healthcare Properties has entered into a definitive agreement to sell 40 outpatient medical facilities for approximately $531 million, advancing the healthcare REIT's strategy to exit the outpatient medical facilities business and become a pure-play senior housing operating portfolio (SHOP) company. The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.

Lifecore Biomedical To Be Acquired By Webster Equity Partners In Deal Valued At Up To $663.7 Million

By Amit Chowdhry ● Sep 28, 2026

Lifecore Biomedical has entered into a definitive agreement to be acquired by Webster Equity Partners in a transaction valued at up to $663.7 million, contingent on the full achievement of specified performance milestones.

TransDigm Completes $1.066 Billion Acquisition Of Prince & Izant

By Amit Chowdhry ● Sep 28, 2026

TransDigm Group has completed its acquisition of Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits. Prince & Izant was previously a portfolio company of Industrial Growth Partners, and TransDigm funded the transaction using cash on hand.

REDLattice To Go Public Through Bold Eagle Deal At $1.25 Billion Pre-Money Enterprise Value

By Amit Chowdhry ● Sep 28, 2026

REDLattice has entered into a definitive agreement to become a publicly traded company through a business combination with Bold Eagle Acquisition Corp., valuing the defense technology company at a $1.25 billion pre-money enterprise value. Upon closing, REDLattice is expected to trade on Nasdaq under the ticker REDL, with completion anticipated around year-end 2026.

Slate Grocery REIT To Be Acquired By Brixmor And Everview Partners For $2.3 Billion

By Amit Chowdhry ● Sep 28, 2026

Slate Grocery REIT has entered into a definitive agreement to be acquired by a joint venture between Brixmor Property Group and affiliates of Everview Partners in an approximately $2.3 billion transaction. Unitholders will receive $13 per unit in cash.

Alaris Equity Partners Raises C$115 Million In Bought-Deal Offering

By Amit Chowdhry ● Sep 28, 2026

Alaris Equity Partners Income Trust has closed a C$115.02 million bought-deal public offering, raising additional capital to reduce debt and support future investments in private companies.

Raytheon Wins Up To $20.7 Billion AMRAAM Missile Contract

By Amit Chowdhry ● Sep 28, 2026

Raytheon, an RTX business, has received a five-year contract with two additional option years valued at up to $20.7 billion to accelerate production of Advanced Medium-Range Air-to-Air Missiles, or AMRAAMs.

Samsung Invests $1 Billion In KKR-Backed Helix Digital Infrastructure

By Amit Chowdhry ● Sep 28, 2026

Samsung has committed $1 billion to Helix Digital Infrastructure, an artificial intelligence infrastructure company formed by KKR to develop data centers, power systems, connectivity, and other infrastructure required by hyperscale technology companies.

IIT Madras Research Park And Unicorn India Ventures Launch ₹600 Crore Deep-Tech Fund

By Amit Chowdhry ● Sep 28, 2026

IIT Madras Research Park and Unicorn India Ventures have launched the ₹600 crore IIT Madras Unicorn Frontier Fund I, a new investment vehicle focused on early-stage, intellectual property-led deep-tech companies in India.

Goldgroup Commits $75 Million To Luca Mining For Cozamin Mine Acquisition

By Amit Chowdhry ● Sep 28, 2026

Goldgroup Mining has entered into a binding commitment to invest $75 million in Luca Mining, supporting Luca's proposed acquisition of the Cozamin copper-silver mine in Zacatecas, Mexico.

Jefferson Energy To Acquire USD Group Crude Oil Logistics Assets For $255 Million

By Amit Chowdhry ● Sep 28, 2026

FTAI Energy Partners, operating as Jefferson Energy Companies, has entered into a definitive agreement to acquire the Port Arthur Terminal in Texas and a 50% interest in the Diluent Recovery Unit in Hardisty, Alberta, from USD Group for approximately $255 million in cash. Jefferson is a subsidiary of FTAI Infrastructure.

Draganfly Secures $10 Million Strategic Investment From Unusual Machines And U.S. Investment Fund

By Amit Chowdhry ● Sep 28, 2026

Draganfly has announced a $10 million strategic investment from Unusual Machines and a leading U.S. investment fund, with each investor committing $5 million to the drone technology company. The investment is intended to support Draganfly's growing position in the U.S. defense ecosystem while expanding opportunities in international markets.

erad Raises $22 Million Series A Led By MEVP To Expand SME Financing Across GCC

By Amit Chowdhry ● Sep 28, 2026

erad has raised $22 million (SAR 78.75 million) in Series A funding to expand its Shariah-compliant financing platform for small and medium-sized businesses across the Gulf Cooperation Council. The round was led by Middle East Venture Partners (MEVP).

AMD To Acquire World Labs For $8.2 Billion To Advance AI Compute And Spatial Intelligence

By Amit Chowdhry ● Sep 28, 2026

AMD has agreed to acquire World Labs in an all-stock transaction valued at approximately $8.2 billion, adding the AI research company founded and led by AI researcher Dr. Fei-Fei Li to AMD's growing artificial intelligence business. The transaction is expected to close by the end of 2026, subject to regulatory approvals and customary closing conditions.

Polyfork Wins $500,000 Build With Gemini XPRIZE After Building AI-Powered 3D Model Business In 90 Days

By Amit Chowdhry ● Sep 28, 2026

Polyfork, an AI-powered 3D modeling business founded by Lucas Martinic, won first place in the Build with Gemini XPRIZE, earning the competition's $500,000 grand prize after building a revenue-generating company in 90 days.

HEARTio: Interview With Co-Founder And CEO Utkars Jain About AI-Powered Cardiac Diagnostics

By Amit Chowdhry ● Sep 28, 2026

HEARTio is developing AI-powered cardiac diagnostic technology designed to extract additional clinical insights from standard 12-lead electrocardiograms. Its flagship product, ECGio, is designed to detect coronary artery disease in under one minute without specialized hardware, radiation, dyes, or invasive procedures. Pulse 2.0 interviewed HEARTio Co-Founder and CEO Utkars Jain to learn more.

Sofinnova Partners Closes Oversubscribed €82 Million MD Start IV Fund For Medtech Company Creation

By Amit Chowdhry ● Sep 28, 2026

Sofinnova Partners has closed its oversubscribed Sofinnova MD Start IV fund at €82 million, expanding the firm's medtech company-creation strategy across Europe and the United States.

The Fifth Avenue Hotel Appoints Frank Pasqualino As Vice President Of Sales

By Amit Chowdhry ● Sep 28, 2026

The Fifth Avenue Hotel has appointed Frank Pasqualino as Vice President of Sales, adding an executive with more than two decades of New York City hospitality experience as the independent luxury property enters its next phase of growth.

Amprius Secures Up To $75 Million U.S. Government Grant For High-Energy Battery Production

By Amit Chowdhry ● Sep 28, 2026

Amprius Technologies has been awarded a grant of up to $75 million from the U.S. Department of War to convert an existing domestic electric vehicle battery production line into manufacturing capacity for high-energy-density cells used in unmanned aerial systems.

Instinct Raises $1 Billion Series C At $10 Billion Valuation To Expand Personal AI Agent

By Amit Chowdhry ● Sep 28, 2026

Instinct raised $1 billion in Series C funding from Sequoia Capital, Benchmark Capital, and Coatue at a $10 billion valuation, giving the San Francisco-based company additional capital to expand its personal AI agent for everyday tasks.

HiringCafe Raises $6.8 Million Pre-Seed And Launches Free AI Talent Agent For Job Seekers

By Amit Chowdhry ● Sep 28, 2026

HiringCafe has raised $6.8 million in pre-seed funding led by Spark Capital, with participation from Nonfiction Capital, Silicon Gardens, and angel investors from ZipRecruiter and Indeed. The company is also launching an AI Talent Agent designed to search millions of open jobs on behalf of individual candidates.

SiMa.ai Raises $150 Million Series C At $1.45 Billion Valuation To Scale Physical AI Platform

By Amit Chowdhry ● Sep 28, 2026

SiMa.ai has raised $150 million in an oversubscribed Series C financing, bringing its total capital raised to $500 million and valuing the company at $1.45 billion. The round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, Maverick Capital, +ND Capital, Point72, and StepStone Group. AllianceBernstein, Baron Capital, J.P. Morgan, and the State of Michigan joined as new investors.

Finastra Launches Supply Chain Finance Platform To Help Banks Accelerate Working Capital Growth

By Amit Chowdhry ● Sep 28, 2026

Finastra has launched Finastra Supply Chain Finance, a new platform designed to help banks scale working capital programs, bring new products to market faster, and connect trade finance, lending, and supply chain finance through a unified technology environment. The company announced the platform at Sibos 2026.