Archives

HIVE Digital Technologies Reveals $110 Million Of Active And Contracted GPU Cloud ARR

By Amit Chowdhry ● Aug 21, 2026

HIVE Digital Technologies has increased its active and contracted GPU Cloud annual run-rate revenue to approximately $110 million, while its most recently reported quarterly high-performance computing revenue was only $7.1 million, illustrating how much of the company's contracted AI infrastructure business has yet to be reflected in recognized revenue.

IBM And Together AI Sign $240 Million Multi-Year Deal For Large-Scale NVIDIA B300 AI Inference Cluster

By Amit Chowdhry ● Aug 21, 2026

IBM has signed a multi-year $240 million agreement with Together AI to deploy a large-scale artificial intelligence inference cluster on IBM Cloud using NVIDIA HGX B300 systems. The cluster is expected to become available in the first quarter of 2027 and will help Together AI provide open-source model inference for enterprise customers.

Aviva: Operating Profit Jumps 24% While IFRS Profit Falls 49% On £490 Million Of Negative Investment Variances

By Amit Chowdhry ● Aug 21, 2026

Aviva reported a sharp divergence between its underlying and reported profitability during the first half of 2026, with Group operating profit increasing 24% to £1.326 billion from £1.068 billion while IFRS profit for the period fell 49% to £418 million from £819 million.

CtrlS Datacenters Secures $26.1 Million From Nikhil Kamath And Sreeram Reddy Vanga As Pipeline Reaches 4.4 GW

By Amit Chowdhry ● Aug 21, 2026

CtrlS Datacenters has secured approximately $26.1 million in investment from Indian entrepreneurs Nikhil Kamath and Sreeram Reddy Vanga as the company expands its data center platform to support growing AI, cloud and digital infrastructure demand. Kamath invested approximately $20.9 million in CtrlS, while Vanga invested approximately $5.2 million.

Hopscotch Primary Care Raises $53 Million Series D As Rural Platform Reaches 15,000+ Patients

By Amit Chowdhry ● Aug 21, 2026

Hopscotch Primary Care has raised $53 million in Series D financing to expand its technology-enabled primary care platform across rural communities after reaching more than 15,000 patients in the Southeastern U.S. Lead investors include 8VC and Town Hall Ventures. Existing investors aMoon Fund, Citi Impact Fund, Alumni Ventures and K2 HealthVentures also participated. New investors include Autism Impact Fund, Kleiner Perkins Chairman John Doerr, Heritage Provider Network founder Dr. Richard Merkin and the Leon Levine Foundation.

Molex Invests In CAEPlus To Advance Active Liquid Cooling For AI Data Centers

By Amit Chowdhry ● Aug 21, 2026

Molex has made a strategic investment in CAEPlus to accelerate the development of active liquid cooling technology designed for increasingly powerful AI and high-performance computing infrastructure. Financial terms of the investment were not disclosed.

Grounded Raises $5 Million Seed And Opens 50,000-Square-Foot Detroit Factory As Production Capacity Jumps 1,900%

By Amit Chowdhry ● Aug 21, 2026

Grounded has raised a $5 million seed round and moved production into a new 50,000-square-foot manufacturing facility in Detroit, increasing its production capacity by 1,900% as the company expands deeper into commercial and municipal fleets.

StoneX To Acquire Banco Travelex To Expand Brazil Payments, PIX And Foreign Exchange Platform

By Amit Chowdhry ● Aug 21, 2026

StoneX Group has entered into a definitive agreement to acquire Banco Travelex, expanding its payments and foreign exchange capabilities in Brazil and adding regulated banking infrastructure in one of Latin America's largest FX markets.

Singular Photonics Raises $2.15 Million To Scale Intelligent SPAD Image Sensors For AI And Machine Vision

By Amit Chowdhry ● Aug 21, 2026

University of Edinburgh spinout Singular Photonics has raised $2.15 million to accelerate development and commercialization of its SPAD-based image sensor technology. The funding was led by ACF Investors, with participation from Wren Capital, Cambridge Angels, Scottish Enterprise, QEG and Old College Capital, the University of Edinburgh's venture investment fund.

Hypercubic Raises $5.3 Million Seed To Turn Mainframe Modernization Into A Software-Driven Process

By Amit Chowdhry ● Aug 21, 2026

Hypercubic has raised $5.3 million in seed funding to build an AI-powered platform that automates significant portions of mainframe modernization projects. The round was led by CIV, with participation from Y Combinator, Afore Capital, Multimodal Ventures, Pioneer Fund, Epsilon Ventures, Unpopular Ventures, and other investors.

Stone Point And Genstar To Co-Own $1.3 Trillion Ascensus Savings Platform

By Amit Chowdhry ● Aug 21, 2026

Ascensus has announced a new ownership structure under which Stone Point Capital and Genstar Capital will each make new investments and hold equal stakes in the savings and retirement technology company. Ascensus will continue operating under its existing leadership team, client relationships, and service model.

Distributed Sun Launches trutility With GW-Scale Energy Portfolio And 24 Battery Storage Sites

By Amit Chowdhry ● Aug 21, 2026

Distributed Sun has led an investment in trutility, a newly launched energy infrastructure platform designed to develop, own, and operate battery storage, community solar, distributed generation, and microgrids across both sides of the electric meter.

Space Raises $2.4 Million Pre-Seed To Build AI-Native Distributed Filesystem

By Amit Chowdhry ● Aug 21, 2026

Space has raised $2.4 million in pre-seed funding to build a distributed filesystem that gives humans and AI agents immediate access to cloud-hosted data without downloading or duplicating entire files locally. The round was led by a16z Speedrun, with participation from Golden Ventures, Northside Ventures and approximately a dozen angel investors with backgrounds across companies including Parsec, Sentry, Stan, Superwhisper and Modem.

Princeton Critical Minerals Raises $16 Million To Scale Lithium Production Platform Across U.S. And South America

By Amit Chowdhry ● Aug 21, 2026

Princeton Critical Minerals has raised $16 million in combined equity and non-dilutive funding to scale technologies designed to improve lithium production from brine resources. The financing includes an $11 million Series A round led by SOSV, with participation from the Grantham Foundation for the Protection of the Environment, Prospect Innovation, ASTOR Management AG, Black Forest Ventures and the New Jersey Economic Development Authority through the New Jersey Innovation Evergreen Fund.

Pitney Bowes Launches Tender Offers For Up To $50 Million Of 2037 And 2043 Notes

By Amit Chowdhry ● Aug 21, 2026

Pitney Bowes has commenced cash tender offers to purchase up to $50 million in aggregate principal amount of two outstanding debt securities as the company looks to retire a portion of its longer-dated obligations using cash on hand. The tender offers cover Pitney Bowes' 6.70% Notes due 2043 and its 5.250% Medium-Term Notes due 2037.

Wingspire Equipment Finance Provides $140 Million Financing For High-Performance AI Compute Infrastructure

By Amit Chowdhry ● Aug 21, 2026

Wingspire Equipment Finance has closed a $140 million equipment financing transaction with a private equity-backed company providing GPU cloud computing capacity to AI labs, enterprises and public-sector organizations.

ScanSource To Acquire MicroAge For $220.5 Million To Expand Cloud, Cybersecurity, Data Center And AI Services

By Amit Chowdhry ● Aug 21, 2026

ScanSource has entered into a definitive agreement to acquire MicroAge for $220.5 million in cash, expanding its capabilities across cloud, cybersecurity, data center infrastructure, artificial intelligence and managed IT services.

Makers Fund Closes $250 Million Fund IV, Bringing AUM To $1.5 Billion After Top 1% Fund I Performance

By Amit Chowdhry ● Aug 21, 2026

Makers Fund has closed its $250 million Fund IV, bringing the interactive entertainment venture capital firm's total assets under management to approximately $1.5 billion. The new fund will invest in founders building the next generation of games, interactive entertainment, consumer applications, entertainment platforms and creation tools.

TPG Mortgage Investment Trust To Acquire Cherry Hill For $117.5 Million At 29% Premium

By Amit Chowdhry ● Aug 21, 2026

TPG Mortgage Investment Trust has entered into a definitive agreement to acquire Cherry Hill Mortgage Investment Corporation in a transaction with an implied value of approximately $117.5 million, creating a larger residential mortgage REIT with a combined investment portfolio of approximately $9 billion.

Essity To Acquire Kenvue’s Brazil Feminine Care Business For $284 Million

By Amit Chowdhry ● Aug 21, 2026

Essity has entered into an agreement to acquire Kenvue’s feminine care business in Brazil for $284 million, strengthening the hygiene and health company’s position in one of the world’s largest feminine care markets.

HBT Financial To Acquire Tri-County Financial For $204.6 Million, Creating $8.3 Billion-Asset Bank

By Amit Chowdhry ● Aug 21, 2026

HBT Financial has agreed to acquire Tri-County Financial Group in a cash-and-stock transaction valued at approximately $204.6 million, expanding Heartland Bank and Trust Company's presence across central and northern Illinois and the Chicago metropolitan area.

EnableComp Acquires Helix Advisory As Platform Recovers About $3 Billion Annually For 1,000+ Hospitals

By Amit Chowdhry ● Aug 21, 2026

EnableComp has acquired Helix Advisory, a Cincinnati-based healthcare revenue recovery company whose technology is designed to identify hospital underpayments that conventional rules-based audit systems can miss. Financial terms of the acquisition were not disclosed.

Navi Raises $100 Million From Prosus In First Institutional Funding Round As Lending AUM Tops ₹130 Billion

By Amit Chowdhry ● Aug 21, 2026

Navi Limited has secured a proposed $100 million investment from Prosus, marking the Indian digital financial services company's first institutional capital raise.

Paradium.AI Acquires InfoSentience To Scale Automated Data-Driven Content Across Finance And Sports

By Amit Chowdhry ● Aug 21, 2026

The Arena Group Holdings, doing business as Paradium.AI, has acquired InfoSentience, a developer of automated, data-driven natural language generation technology, as it expands its technology infrastructure and data-driven content capabilities. Financial terms of the transaction were not disclosed.

H&R REIT To Be Acquired In C$6.7 Billion Deal By GO Residential REIT And Consortium Including Blackstone, Crestpoint And PSP

By Amit Chowdhry ● Aug 21, 2026

H&R Real Estate Investment Trust has entered into an agreement to be acquired in a transaction valued at approximately C$6.7 billion, including assumed debt, by GO Residential REIT and a consortium that includes Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments and a company controlled by members of H&R Executive Chairman and CEO Tom Hofstedter's family.

Coastline Wealth Management Secures Up To $100 Million From Brightwood And Completes 12 Acquisitions, Surpassing $6 Billion

By Amit Chowdhry ● Aug 21, 2026

Coastline Wealth Management has secured up to $100 million in financing from Brightwood Capital Advisors while simultaneously completing 12 acquisitions, pushing the independent wealth management platform above $6 billion in assets under management and administration.

Nasdaq To Acquire LeveL Markets, Adding Third-Largest U.S. ATS To Always-On Markets Strategy

By Amit Chowdhry ● Aug 21, 2026

Nasdaq has entered into a definitive agreement to acquire LeveL Markets, one of the largest alternative trading systems in the U.S., as it expands its strategy around always-on markets and institutional liquidity infrastructure.

Castelion Raises $1 Billion Series C At $13 Billion Valuation As U.S. Military Contracts Top $500 Million

By Amit Chowdhry ● Aug 21, 2026

Castelion has raised a $1 billion Series C financing at a $13 billion valuation to scale production of its Blackbeard hypersonic strike missile and accelerate development of longer-range strike weapons and defensive systems. The financing includes $800 million in equity and $250 million of committed financing for a revolving credit facility. The equity portion was co-led by JPMorganChase's Strategic Investment Group, Andreessen Horowitz and funds managed by Carlyle. Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst and Interlagos also participated alongside new investor T. Rowe Price Associates.

Motorola Solutions Completes $1.5 Billion Acquisition Of Counter-Drone Company D-Fend Solutions

By Amit Chowdhry ● Aug 21, 2026

Motorola Solutions has completed its acquisition of counter-drone technology company D-Fend Solutions for $1.5 billion, expanding its public safety and critical infrastructure portfolio with technology designed to safely neutralize unauthorized drones.

Queen One Raises $25 Million To Scale AI Commerce Platform, Launch Advertising Business And Fund Acquisitions

By Amit Chowdhry ● Aug 21, 2026

Queen One has raised $25 million in new financing to scale its AI-powered commerce technology platform, expand its commercial organization, launch an advertising business, and pursue potential acquisitions across commerce and marketing technology. Investors include Mercury Fund, Full In, Connecticut Innovations, CP Overture, Charge Ventures, Inspired Capital, and existing investors.