Archives

DeepSeek Reportedly Raises $7.4 Billion At More Than $50 Billion Valuation

By Amit Chowdhry ● Jun 22, 2026

DeepSeek has reportedly raised more than $7.4 billion in its first external funding round, according to The WSJ.

J.P. Morgan Workplace Solutions Names Ben Walter As CEO

By Amit Chowdhry ● Jun 22, 2026

J.P. Morgan Workplace Solutions announced that Ben Walter will join the business as its new CEO.

Mayer Brown Adds International Arbitration Partner Lauren Friedman In New York

By Amit Chowdhry ● Jun 22, 2026

Mayer Brown announced that Lauren Friedman has joined the firm in New York as a partner in its Litigation & Dispute Resolution practice. Friedman will also serve as a leader of Mayer Brown’s International Arbitration Practice in the U.S. She joins Mayer Brown from King & Spalding.

Paul Weiss Adds Energy M&A Partner Austin Lee In Houston

By Amit Chowdhry ● Jun 22, 2026

Paul, Weiss announced that Austin Lee has joined the firm as a partner in the M&A Group within its Corporate Department. Lee is based in Houston.

Pierstone Wealth Management Launches Independent Advisory Firm In New York City

By Amit Chowdhry ● Jun 22, 2026

Pierstone Wealth Management announced the launch of its new independent advisory firm. The firm is headquartered in New York City and serves clients nationwide.

AMD Acquires MEXT To Advance Memory Optimization

By Amit Chowdhry ● Jun 22, 2026

AMD announced that it has acquired MEXT, a developer of AI-driven memory optimization technology. The acquisition expands AMD’s AI portfolio and adds memory optimization technology designed to improve performance, reduce total cost of ownership, and accelerate deployment for customers.

MSP Sports Capital Acquires Majority Stake In New Zealand SailGP Team

By Amit Chowdhry ● Jun 22, 2026

Investcorp To Acquire Majority Stake In Smart Managed Solutions

By Amit Chowdhry ● Jun 22, 2026

Investcorp announced that it has signed a definitive agreement to acquire a majority stake in Smart Managed Solutions. Smart is a UK provider of mechanical and electrical facilities management services. Terms of the transaction were not disclosed.

Bain Reportedly Testing Software Takeover Targets With AI-Generated Replicas

By Amit Chowdhry ● Jun 22, 2026

Bain & Company is reportedly using AI-generated replicas of software products to help private equity investors evaluate acquisition targets.

Pollen Street Capital To Acquire Universal Banking From Finastra

By Amit Chowdhry ● Jun 22, 2026

Pollen Street Capital announced that it will acquire Universal Banking, Finastra’s global core banking software business.

Ploy Raises $27 Million Seed Round To Launch AI Growth Platform

By Amit Chowdhry ● Jun 22, 2026

Ploy announced that it has launched out of stealth with a $27 million seed round. The round was led by First Round Capital and Y Combinator.

Renaiss Raises $1.5 Million To Build RWA Infrastructure For Collectibles

By Amit Chowdhry ● Jun 22, 2026

Renaiss announced that it has raised $1.5 million in its first funding round. The round was led by YZi Labs, with participation from Gate Ventures, Hash Global, XIN Family, Redline Labs, and angel investors from Mask Network, Far East Group, Logoman, Hoopi, and Legit App.

Tugboat Raises $3 Million Seed Round To Expand Insurance Claim Support Platform

By Amit Chowdhry ● Jun 22, 2026

Tugboat announced that it has raised an oversubscribed $3 million seed round to scale its consumer insurance support platform. The round was led by ResilienceVC, with participation from South Dakota First, gener8tor, Sure Ventures, Acumen America, and other strategic investors.

NASA Announces Public-Private Partnership With Relativity Space To Advance Mars Science

By Amit Chowdhry ● Jun 22, 2026

NASA announced a new public-private partnership with Relativity Space to advance Mars science.

KPMG Invests In Incentify To Expand AI-Powered Credits And Incentives Technology

By Amit Chowdhry ● Jun 22, 2026

KPMG announced a minority equity investment in Incentify, a provider of AI-powered credits and incentives technology. The investment expands a collaboration between KPMG and Incentify focused on helping organizations identify and manage credits, grants, and incentives across more than 120 countries.

Volato Closes $2.2 Million PIPE Financing Priced At $0.34 Per Share

By Amit Chowdhry ● Jun 22, 2026

Volato Group announced that it has closed a $2.2 million private investment in public equity financing. The PIPE financing was priced at $0.34 per share.

AT&T CFO Pascal Desroches To Retire At End Of 2026

By Amit Chowdhry ● Jun 22, 2026

AT&T Chief Financial Officer Pascal Desroches announced that he plans to retire effective December 31, 2026.

OpenAI: Noam Shazeer To Join Company After Leaving Google

By Amit Chowdhry ● Jun 22, 2026

Noam Shazeer announced that he will be joining OpenAI. Shazeer shared the news in a post, saying he is excited to join OpenAI and looks forward to working with the company’s team.

O’Melveny Adds Broker-Dealer Regulatory Partners James Burns And Brant Brown

By Amit Chowdhry ● Jun 22, 2026

O'Melveny announced that James R. Burns and Brant K. Brown have joined the firm as partners in Washington, D.C.

Paul Hastings Adds Private Equity Partner Brian Miner In New York

By Amit Chowdhry ● Jun 22, 2026

Paul Hastings announced that Brian C. Miner has joined the firm as a partner in New York. Miner joins from Dechert and advises private equity firms on domestic and international transactions. His work spans sectors including asset management, insurance, life sciences and healthcare, energy, and manufacturing.

Kvasir Technologies Raises €10 Million To Accelerate Climate-Neutral Marine Fuel Commercialization

By Amit Chowdhry ● Jun 22, 2026

Renesas Acquires Pictorus To Accelerate Embedded Software Development

By Amit Chowdhry ● Jun 22, 2026

Renesas Electronics announced that a subsidiary has completed the acquisition of Pictorus, a software developer based in Oakland, California.

Google Backs Dataland AI Arts Museum In Los Angeles

By Amit Chowdhry ● Jun 22, 2026

Google announced that it is serving as a technology and creative collaborator for Dataland, which it describes as the world’s first museum of AI arts.

Optro Expands To Singapore To Deliver Agentic GRC Across APAC

By Amit Chowdhry ● Jun 22, 2026

Optro announced its expansion into Singapore, establishing the company’s newest regional center to support customers across the Asia Pacific.

Rock Tech Lithium To Acquire Victory Project In Ontario

By Amit Chowdhry ● Jun 22, 2026

Rock Tech Lithium announced that it has entered into an option agreement to acquire a 100% interest in the Victory Project, a lithium exploration property in Northwestern Ontario.

Seedcamp Raises $320 Million To Back Next Generation Of Global Companies

By Amit Chowdhry ● Jun 22, 2026

Seedcamp announced that it has raised $320 million to invest in the next generation of global companies. The new capital includes $220 million for Seedcamp VII, the firm’s flagship first-check fund, and $100 million for its Select fund, which is focused primarily on backing portfolio companies as they scale toward Series B and beyond.

Bionyra Pharma Raises $165 Million Series A To Advance Biologics For Inflammatory Diseases

By Amit Chowdhry ● Jun 22, 2026

Bionyra Pharma announced its launch and an oversubscribed $165 million Series A financing round. The round was co-led by Jeito Capital and Sofinnova Partners. Arkin Bio, Sanofi Ventures, Sixty Degree Capital, Vives Partners, and Apollo Health Ventures also participated.

H3 Zoom Raises $3.6 Million Series A To Scale AI-Powered Inspection Intelligence

By Amit Chowdhry ● Jun 22, 2026

H3 Zoom announced the final close of its oversubscribed USD$3.6 million Series A funding round. The round was led by JRE VENTURES, the corporate venture capital arm of East Japan Railway Company. SGInnovate and M7 Holdings also participated.

ChemT Biotechnology Raises US$5 Million To Bring AI To Biomanufacturing

By Amit Chowdhry ● Jun 22, 2026

ChemT Biotechnology announced that it has raised US$5 million in total funding over the past 18 months. The total includes US$1 million in angel investment and a US$4 million seed round. The seed round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners. SEEDS, an arm of SG Growth Capital, also participated.

DropGenie Raises Seed+ Financing To Accelerate First Product Launch

By Amit Chowdhry ● Jun 22, 2026

DropGenie announced the closing of its Seed+ financing round to support the launch of its first product. The round was led by Skeleton Key. New investors Merck Global Health Innovation Fund and CQDM also joined the financing, with continued participation from existing investors Real Ventures and Anges Québec.