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Circle8: Revenue More Than Triples After European Acquisition, But Gross Margin Falls 370 Basis Points

By Amit Chowdhry ● Aug 22, 2026

Circle8 Group's second-quarter revenue more than tripled after it acquired European technology staffing platform Circle8 Group B.V., but the expansion came with significantly lower consolidated gross margins.

Virtuix Expands Omni One Into Tesla Optimus, NASA And U.S. Military Applications

By Amit Chowdhry ● Aug 22, 2026

Virtuix Holdings is expanding its Omni One full-body virtual-reality platform well beyond consumer gaming, with recent deployments and development programs spanning Tesla's Optimus humanoid robot program, NASA exploration simulations, and multiple U.S. military applications.

UNIFI: Gross Margin Swings 1,070 Basis Points As Adjusted EBITDA Turns Positive

By Amit Chowdhry ● Aug 22, 2026

UNIFI delivered a significant profitability turnaround during the fiscal fourth quarter of 2026, with gross margin improving by more than 1,000 basis points and adjusted EBITDA swinging into positive territory despite only modest revenue growth. Fourth-quarter net sales increased 4.1% to $144.2 million from $138.5 million. Gross profit, however, improved dramatically to $14.3 million from a gross loss of $1.1 million in the prior-year period.

Marti: Gross Margin Expands Nearly 1,950 Basis Points As Revenue Jumps 141% And Adjusted EBITDA Turns Positive

By Amit Chowdhry ● Aug 22, 2026

Marti Technologies delivered a major improvement in profitability during the second quarter of 2026 as rapid revenue growth, higher platform monetization, and operating leverage pushed gross margin to a record level and adjusted EBITDA into positive territory.

Capitan Orthopedics Closes Seed Round, Bringing Total Funding To $4.1 Million

By Amit Chowdhry ● Aug 21, 2026

Capitan Orthopedics has closed an oversubscribed Seed financing round, bringing total capital raised to $4.1 million. The company said the Seed round was oversubscribed by more than $1.1 million.

Thunder Compute Raises $13 Million Series A To Unlock $200 Billion Of Idle GPU Capacity

By Amit Chowdhry ● Aug 21, 2026

Thunder Compute has raised $13 million in Series A funding to scale its GPU virtualization technology and help enterprises extract more computing capacity from underutilized AI infrastructure. The round was led by Matrix Partners, which also led Thunder Compute's Seed round earlier this year, with participation from Y Combinator and CEAS Investments.

CPP Investments Commits C$200 Million To 2-Hotel Brazil Joint Venture With HSI

By Amit Chowdhry ● Aug 21, 2026

CPP Investments has agreed to invest approximately C$200 million for a 49.5% interest in two Hilton hotels in Brazil through a new joint venture with Brazilian real estate investment manager HSI. The portfolio includes the Hilton Copacabana in Rio de Janeiro and Hilton Morumbi in São Paulo.

Baker Hughes Wins Major Kutei Northern Hub Subsea Contract For 17 Deepwater Production Systems In Indonesia

By Amit Chowdhry ● Aug 21, 2026

Baker Hughes has received a substantial award from Searah North Ganal Limited to supply subsea production systems and digital technology for the Kutei Northern Hub natural gas development offshore Indonesia.

FM Acquires FortressFire To Add AI And Physics-Based Wildfire Risk Intelligence

By Amit Chowdhry ● Aug 21, 2026

Commercial property insurer FM has acquired FortressFire, a wildfire intelligence company combining machine learning with physics-based modeling to assess and mitigate property-level wildfire risks. Financial terms of the transaction were not disclosed.

Morgan Stanley Launches $1.5 Trillion U.S. Innovation Infrastructure Initiative Across AI, Defense And Energy

By Amit Chowdhry ● Aug 21, 2026

Morgan Stanley has launched the U.S. Innovation Infrastructure Initiative, committing to facilitate approximately $1.5 trillion of capital raising, financing, advisory and related investment activity over the next 10 years.

VinSpace Signs SpaceX Launch Deal For First Vietnamese Satellite Missions In 2027

By Amit Chowdhry ● Aug 21, 2026

VinSpace has signed a launch contract with SpaceX covering satellite missions planned for 2027, marking another step in the company's effort to build full-stack aerospace capabilities in Vietnam. The satellites will fly aboard a SpaceX Transporter rideshare mission, which allows multiple customers to share launch capacity on a single rocket.

SEIA Launches Tax Services And Expands Family Office Platform Across $32.6 Billion Wealth Business

By Amit Chowdhry ● Aug 21, 2026

Signature Estate & Investment Advisors has launched SEIA Tax Services and expanded its family office capabilities as the $32.6 billion wealth management firm builds a more integrated platform for high-net-worth and ultra-high-net-worth clients. The firm is also introducing a refreshed brand identity as part of the broader initiative.

MissionSquare Expands Into Personal Wealth Management As $73.6 Billion Platform Launches Brokerage And Robo-Adviser

By Amit Chowdhry ● Aug 21, 2026

MissionSquare has launched a new personal wealth management offering, expanding beyond its traditional retirement focus with brokerage, digital advisory and planning services available to individuals and families. The firm manages and administers more than $73.6 billion in assets as of June 30, 2026.

Aisel Health Raises €1.7 Million Pre-Seed To Expand AI Psychiatry Operating System Into UK

By Amit Chowdhry ● Aug 21, 2026

Aisel Health has raised €1.7 million in pre-seed funding to expand its purpose-built operating system for psychiatry and support the Danish HealthTech company's entry into the UK market. The round was led by Caesar Ventures, with participation from Nordic Web Ventures, LifeX and Angel Invest. Existing investors Rockstart and EIFO also participated.

PleoPharma Wins $6.5 Million NIDA Grant To Advance Phase 3 Cannabis Withdrawal Treatment

By Amit Chowdhry ● Aug 21, 2026

PleoPharma has received a $6.5 million, three-year grant from the National Institute on Drug Abuse to support its pivotal Phase 3 clinical program evaluating PP-01 as an investigational treatment for cannabis withdrawal symptoms in adults with cannabis use disorder. NIDA is part of the National Institutes of Health.

NeuroOne: Product Revenue Jumps 105% As Gross Margin Expands Nearly 20 Percentage Points In Fiscal Q3 2025

By Amit Chowdhry ● Aug 21, 2026

NeuroOne Medical Technologies reported a 105% increase in product revenue to $1.7 million in fiscal Q3 2025, while product gross margin expanded to 53.9% from 34.1%, an improvement of nearly 20 percentage points as commercialization of its neurological technology portfolio accelerated. The uploaded earnings release covers the quarter ended June 30, 2025.

Baidu: GPU Cloud Revenue Jumps 283% As AI-Powered Business Reaches 50% Of General Business Revenue

By Amit Chowdhry ● Aug 21, 2026

Baidu's GPU Cloud revenue increased 283% year over year in Q2 2026, accelerating from 184% growth in the previous quarter, as public cloud demand for AI computing helped make the company's AI-powered business responsible for half of Baidu General Business revenue.

Pixelgen Technologies Raises $15.5 Million Series B To Scale Molecular Cell Architecture Platform Globally

By Amit Chowdhry ● Aug 21, 2026

Pixelgen Technologies has closed an oversubscribed $15.5 million Series B financing to accelerate global commercialization of its Proxiome Kit and expand the company's presence in key markets. Flat Capital led the round, with existing investors Industrifonden and Navigare Ventures also participating.

Wrap Technologies Closes $12 Million Registered Direct Offering

By Amit Chowdhry ● Aug 21, 2026

Wrap Technologies has closed a $12 million registered direct offering with a fundamental institutional investor and an existing company investor, providing the public safety technology company with additional capital to support working capital requirements and potential future expansion.

Barings Provides Senior Secured Financing For Edgewater’s Acquisition Of Parker Manufacturing Group

By Amit Chowdhry ● Aug 21, 2026

Barings has provided senior secured credit facilities supporting The Edgewater Funds' acquisition of Parker Manufacturing Group. Barings served as lead agent on the financing. Financial terms were not disclosed.

WSB Acquires Civil Infrastructure Associates To Expand Southeast Engineering Platform

By Amit Chowdhry ● Aug 21, 2026

WSB has acquired Civil Infrastructure Associates, expanding the design and consulting firm's municipal, environmental, water and surveying capabilities in the Nashville metropolitan area.

Santander Completes Webster Acquisition, Creating $327 Billion U.S. Bank Serving Nearly 8 Million Customers

By Amit Chowdhry ● Aug 21, 2026

Santander has completed its acquisition of Webster Financial Corporation, significantly expanding its U.S. retail and commercial banking operations and creating a combined organization with approximately $327 billion in assets.

Radial Acquires Mindful Health Solutions MSO, Creating 27-Clinic Brain Medicine Network With 100+ Clinicians

By Amit Chowdhry ● Aug 21, 2026

Radial has acquired the management services organization supporting Mindful Health Solutions, creating a combined management platform supporting what the company describes as the nation's largest network of brain medicine clinics.

PGIM Commits To $3 Billion GreenSky Forward-Flow Facility For Home Improvement Loans

By Amit Chowdhry ● Aug 21, 2026

PGIM has committed to a three-year forward-flow facility with GreenSky and certain affiliates, expected to involve about $3 billion in consumer home improvement assets.

Cleveland-Cliffs Plans $1 Billion Middletown Works Upgrade With $500 Million U.S. Energy Department Support

By Amit Chowdhry ● Aug 21, 2026

Cleveland-Cliffs has announced a $1 billion investment in its Middletown Works steel facility in Ohio, with the company and the U.S. Department of Energy expected to provide $500 million each.

Starcloud Raises $250 Million At $2.3 Billion Valuation To Build 20-Gigawatt Orbital AI Data Center Network

By Amit Chowdhry ● Aug 21, 2026

Starcloud has raised a $250 million Series A extension at a $2.3 billion post-money valuation to expand its effort to build data centers in space. Manhattan West led the financing, with participation from existing investors Benchmark, EQT, Soma, NFX and 776, along with new investors NVIDIA, Cisco Investments, Cedar Capital, Goanna Capital and Standard Capital, among others.

CTP Places €500 Million Green Bond After Orderbook Reaches €2 Billion

By Amit Chowdhry ● Aug 21, 2026

CTP has placed a €500 million senior unsecured green bond with a three-year maturity and a fixed coupon of 3.625%, adding another source of long-term funding as the European logistics and industrial real estate company continues managing its debt profile.

Gossamer Bio Secures Up To $250 Million To Fund Seralutinib Through Potential FDA Approval

By Amit Chowdhry ● Aug 21, 2026

Gossamer Bio has entered into a structured private placement expected to provide up to $250 million to support seralutinib through potential FDA approval for pulmonary arterial hypertension.

ESS Tech Raises $3.2 Million Through Registered Direct Offering With Warrants For 12.8 Million Additional Shares

By Amit Chowdhry ● Aug 21, 2026

ESS Tech has entered into agreements for a $3.2 million registered direct offering and concurrent private placement as the non-lithium energy storage company raises additional capital for working capital and other general corporate purposes. Under the agreements, institutional investors will purchase approximately 6.4 million shares of ESS common stock at a price of $0.50 per share.

Twin1 AI Raises $20 Million Seed As Digital Twin Platform Automates 30% To 50% Of Knowledge Worker Communications

By Amit Chowdhry ● Aug 21, 2026

Twin1 AI has emerged from stealth with a $20 million seed financing to scale an enterprise platform that creates AI-powered digital twins for professional knowledge workers. Bessemer Venture Partners, Tribeca Venture Partners and Aramco Ventures co-led the round.