Archives

Elastics: $2 Million Raised For AI Agents For Prediction Markets

By Amit Chowdhry ● May 6, 2026

Elastics, an AI-native operating system for prediction markets, announced it has raised $2 million in an oversubscribed pre-seed funding round led by Frst. The round also included angel investors from across the AI and crypto sectors, including the co-founders of ElevenLabs, partners from XBTO, an Andreessen Horowitz scout, and a RedStone co-founder.

Donaldson Company: Acquisition Of Facet Filtration Expands Aerospace And Defense Exposure

By Amit Chowdhry ● May 6, 2026

Donaldson Company announced it has completed its previously announced acquisition of Facet Filtration, a company specializing in mission-critical fuel and fluid filtration solutions for aviation and industrial applications.

ElevenLabs: $500 Million ARR Reached As AI Voice Platform Adds BlackRock, NVIDIA, And Jamie Foxx As Investors

By Amit Chowdhry ● May 6, 2026

ElevenLabs announced that it has added a new group of investors to its third close of its Series D fundraising round, including institutional firms such as BlackRock, Wellington Management, NVIDIA through NVentures, Santander, D. E. Shaw & Co., and Schroders. The company also welcomed investments from entertainment figures including Jamie Foxx, Eva Longoria, Hwang Dong-hyuk, and existing investor Matthew McConaughey.

Merck Completes $5.8 Billion Acquisition Of Terns Pharmaceuticals To Bolster CML Pipeline

By Amit Chowdhry ● May 6, 2026

Merck has completed its acquisition of Terns Pharmaceuticals, adding TERN-701, a novel investigational oral treatment for chronic myeloid leukemia, to its oncology pipeline in a deal that will result in a charge to research and development expense of approximately $5.8 billion, or approximately $2.35 per share, reflected in both second quarter and full-year 2026 results.

Snap-on Acquires Hi-Force Hydraulic Tools To Expand Torque Offerings Across Critical Industries

By Amit Chowdhry ● May 6, 2026

Snap-on Incorporated has acquired Hi-Force Group Holdings Ltd., a Daventry, United Kingdom-based designer and manufacturer of high-pressure hydraulic tools, heavy lifting systems, and torque and tensioning equipment, for approximately $58 million in cash, with the deal closing on April 30, 2026.

AlphaDrive Launches $100 Million Cyber And AI Venture Fund With Leumi Partners As Anchor Investor

By Amit Chowdhry ● May 6, 2026

Veteran investors Yaron Elad and Elik Etzion have launched AlphaDrive, a $100 million venture fund targeting the intersection of cybersecurity and artificial intelligence, bringing aboard Leumi Partners as an anchor investor alongside family offices, cybersecurity entrepreneurs, and institutional backers from the United States and Europe.

RTI International Invests In Navidence To Standardize Disease And Treatment Definitions In Clinical Research

By Amit Chowdhry ● May 6, 2026

Independent scientific research institute RTI International has announced a partnership and strategic equity investment in Navidence, an AI-native technology company working to standardize how diseases, treatments, and outcomes are defined across clinical research and real-world evidence generation.

Wealth Enhancement Acquires $318 Million Firm Lake Tahoe Wealth Management

By Amit Chowdhry ● May 6, 2026

Wealth Enhancement announced the acquisition of Lake Tahoe Wealth Management, an independent registered investment advisor managing more than $318 million in client assets. The transaction increases Wealth Enhancement’s total client advisory, trust, and brokerage assets to more than $148.1 billion.

Steward Partners Buys $450 Million Firm Jazz Wealth

By Amit Chowdhry ● May 6, 2026

Steward Partners announced the acquisition of Jazz Wealth, a Tampa Bay-area wealth management firm overseeing approximately $450 million in client assets, further strengthening Steward Partners’ footprint across Florida’s Gulf Coast and the broader Southeast region.

OpenVC And NYSE Launch Crossover Index Tracking Top 500 Public And Private U.S. Companies

By Amit Chowdhry ● May 6, 2026

OpenVC and Intercontinental Exchange have launched the NYSE OpenVC 500 Index, a first-of-its-kind benchmark tracking the 500 largest U.S. companies by value regardless of whether they are publicly listed or venture capital-backed. The index combines constituents from the NYSE U.S. 500 Index and the NYSE OPEN Venture Capital Unicorn Index, which tracks venture-backed private companies valued above $1 billion.

FastSpring Secures Strategic Investment From LLR Partners To Accelerate Global Commerce Growth

By Amit Chowdhry ● May 6, 2026

FastSpring, an all-in-one digital commerce platform serving AI, SaaS, gaming, software, and digital product companies, has secured a strategic investment from LLR Partners. The investment joins existing backer Accel-KKR in supporting FastSpring's continued growth and product development.

Atlantic Packaging Launches New Earth Ventures To Back Next Generation Of Packaging And Supply Chain Technology

By Amit Chowdhry ● May 6, 2026

Atlantic Packaging, the largest privately held industrial packaging company in North America, has launched New Earth Ventures, a dedicated innovation and investment arm focused on building technology-forward packaging and supply chain solutions. The announcement was made by Wes Carter, President of Atlantic Packaging and General Partner of New Earth Ventures.

Bose: Lifestyle Collection Launch Includes Smart Speaker, Soundbar, And Subwoofer

By Amit Chowdhry ● May 6, 2026

Bose unveiled the Lifestyle Collection, a new home audio lineup featuring the Bose Lifestyle Ultra Speaker, Bose Lifestyle Ultra Soundbar, and Bose Lifestyle Ultra Subwoofer. The company said the collection is designed to deliver high-quality audio experiences with flexible multiroom configurations and simplified setup capabilities.

Cambridge Financial Group: $80.9 Million Merger Agreement With First Seacoast Bancorp

By Amit Chowdhry ● May 6, 2026

Cambridge Financial Group, the mutual holding company of Cambridge Savings Bank, and First Seacoast Bancorp, the holding company of First Seacoast Bank, announced they have entered into a definitive merger agreement under which First Seacoast Bancorp will merge with Cambridge Financial, while First Seacoast Bank will merge with Cambridge Savings Bank.

IREN: $625 Million Acquisition Of Mirantis To Expand AI Cloud Capabilities

By Amit Chowdhry ● May 6, 2026

IREN announced it has signed a definitive agreement to acquire Mirantis, a provider of cloud infrastructure, Kubernetes-based orchestration, and enterprise support services, for approximately $625 million. The consideration for the acquisition will be paid in IREN ordinary shares.

Genco Shipping & Trading Reviewing Diana Shipping’s $23.50 Per Share Tender Offer

By Amit Chowdhry ● May 6, 2026

Genco Shipping & Trading announced it is reviewing an unsolicited tender offer from Diana Shipping to acquire all outstanding shares of Genco not already owned by Diana for $23.50 per share in cash.

Assertio: Amended Merger Agreement Raises Garda Therapeutics Offer To $21.80 Per Share

By Amit Chowdhry ● May 6, 2026

Assertio Holdings announced that it entered into an amended and restated merger agreement with Garda Therapeutics under which Garda increased its offer to acquire all outstanding shares of Assertio to $21.80 per share in cash, with no contingent value right included in the revised transaction.

SAP: Acquisition Of Dremio To Expand AI Data Integration And Lakehouse Capabilities

By Amit Chowdhry ● May 6, 2026

SAP announced it has agreed to acquire Dremio, an open high-performance data lakehouse platform designed to accelerate agentic AI and expand SAP Business Data Cloud’s ability to combine SAP and non-SAP data for analytical and AI workloads in real time. Financial terms of the transaction were not disclosed.

Hubbell: $3 Billion Acquisition Of NSI Industries To Expand Electrical Solutions Portfolio

By Amit Chowdhry ● May 6, 2026

Hubbell announced it has entered into a definitive agreement to acquire NSI Industries, a provider of electrical fittings, connectors, components, and wire management products, for $3 billion in cash. The transaction is expected to strengthen Hubbell’s Electrical Solutions portfolio and expand its presence across industrial, infrastructure, and commercial end markets.

J.P. Morgan Expanding Private Capital Advisory & Solutions Team With Will Boyle Hire

By Amit Chowdhry ● May 6, 2026

J.P. Morgan is expanding its Private Capital Advisory & Solutions (PCAS) team with the addition of Will Boyle as Global Head of Secondary Advisory, according to a LinkedIn post from Keith Canton, Managing Director at J.P. Morgan.

Carlyle: Acquisition Of Knack RCM And EqualizeRCM To Build AI-Native Healthcare Revenue Cycle Platform

By Amit Chowdhry ● May 6, 2026

Carlyle announced it acquired majority stakes in Knack RCM and EqualizeRCM to create what the company described as an AI-native, global, multi-specialty healthcare revenue cycle management platform. Financial terms of the transactions were not disclosed.

Citigroup: Raj Rathi Hired As Head Of M&A In India

By Amit Chowdhry ● May 6, 2026

Citigroup hired Raj Rathi as Head of Mergers and Acquisitions in India, continuing the bank’s expansion of its investment banking leadership team across Asia. Rathi is expected to join Citi in June and will be based in Mumbai, according to Bloomberg.

Lattice Semiconductor To Acquire AMI In $1.65 Billion Deal To Expand AI Infrastructure Platform

By Amit Chowdhry ● May 6, 2026

Lattice Semiconductor announced it entered into a definitive agreement to acquire AMI from THL Partners in a transaction valued at approximately $1.65 billion.

TITAN Group Completes Acquisition Of Keystone Cement In The United States

By Amit Chowdhry ● May 6, 2026

TITAN Group announced that its subsidiary Titan America completed the acquisition of Keystone Cement, a Pennsylvania-based cement manufacturer and aggregates producer, following the agreement initially announced in January 2026.

KKR Completes Acquisition Of Arctos Partners To Expand Sports And Alternative Asset Investing Platform

By Amit Chowdhry ● May 6, 2026

KKR announced it completed its previously announced acquisition of Arctos Partners, an institutional investor focused on professional sports franchise stakes and capital solutions for alternative asset managers.

VSE Corporation Completes $2.025 Billion Acquisition Of Precision Aviation Group

By Amit Chowdhry ● May 6, 2026

VSE Corporation announced it completed the acquisition of Precision Aviation Group for approximately $2.025 billion in cash and equity, expanding VSE’s aviation aftermarket distribution and repair platform.

Medbridge: Interview With CEO Donovan Campbell About Hybrid Care And The Future Of Rehabilitation Technology

By Amit Chowdhry ● May 6, 2026

Donovan Campbell has spent a career moving between seemingly disparate worlds — the United States Marine Corps, two New York Times bestselling books, and now the helm of a healthcare technology company — and it is precisely that range of experience that shapes how he leads MedBridge.

Wizz: Interview With CEO Thomas Donninger About The Social Networking App Company

By Amit Chowdhry ● May 6, 2026

Wizz is a social networking/messaging app mainly aimed at Gen Z and young adults. The app helps users meet new people and make friends online. Pulse 2.0 interviewed Wizz CEO Thomas Donninger to learn more.

Moment Energy: $40 Million Series B Raised For Second-Life EV Battery Energy Storage Systems

By Amit Chowdhry ● May 6, 2026

Moment Energy announced a $40 million Series B funding round, bringing the company’s total funding to more than $100 million. The round was led by Evok Innovations, with participation from Liberty Mutual Investments, W23, and Acario, the corporate venture capital arm of Tokyo Gas America. Existing investors including Voyager Ventures, IQT, and The Climate Pledge Fund also participated.

FastSpring Secures Strategic Investment From LLR Partners For Global Digital Commerce Expansion

By Amit Chowdhry ● May 6, 2026

FastSpring, a digital commerce platform focused on payments, subscriptions, tax, and compliance management for software and digital product companies, announced a strategic investment from LLR Partners. Existing investor Accel-KKR will remain a financial backer of the company.