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Alchemy Expands Leadership Following Ease Learning Acquisition And Achieve Partners Investment

By Amit Chowdhry ● Aug 12, 2026

Alchemy, a unit of Nectar Learning, has expanded its executive leadership team and board following its acquisition of Ease Learning and a strategic investment from Achieve Partners. The company is positioning itself as a tech-enabled, product-led provider of career-connected learning and internship services for higher education.

H.I.G. Capital Acquires Phoenix ME As Data Center And Life Sciences Demand Expands

By Amit Chowdhry ● Aug 12, 2026

H.I.G. Capital has completed its acquisition of Phoenix ME Limited, a UK-based provider of integrated mechanical and electrical engineering services serving data centers, life sciences, infrastructure, and commercial markets.

Lovable Raises $400 Million Series C At $13.3 Billion Valuation To Expand AI Software Creation Platform

By Amit Chowdhry ● Aug 12, 2026

Lovable has raised $400 million in Series C funding at a $13.3 billion valuation as the AI software creation company looks to expand its platform for building and operating businesses. Menlo Ventures led the round, with the Scaleup Europe Fund, managed by EQT, co-leading.

Edward Jones: Client Assets Reach $2.6 Trillion As More Than 20,000 Advisors Serve 9 Million Clients

By Amit Chowdhry ● Aug 12, 2026

Edward Jones has grown to more than $2.6 trillion in client assets under care as of June 30, 2026, with more than 20,000 financial advisors serving over 9 million clients across North America. The privately held financial services firm continues to expand its technology, banking capabilities and financial planning offerings as it seeks to deepen relationships with investors.

Bob Iger And Joshua Kushner Buy Los Angeles Lakers At $12.5 Billion Valuation

By Amit Chowdhry ● Aug 12, 2026

Former Disney CEO Bob Iger and Thrive Capital founder Joshua Kushner have acquired majority ownership of the Los Angeles Lakers from Mark Walter in a transaction valuing the NBA franchise at $12.5 billion. The deal comes less than a year after Walter acquired a controlling stake in the Lakers at a $10 billion valuation in October 2025.

Thrive Holdings Raises Over $2 Billion At $12 Billion Valuation To Bring Frontier AI To Critical Industries

By Amit Chowdhry ● Aug 12, 2026

Thrive Holdings has raised more than $2 billion in new capital at a $12 billion valuation to expand its model of deploying frontier AI across businesses in critical industries. The financing brings the company's total capital raised since inception to more than $3 billion. The new capital came from Thrive Holdings' institutional partners along with new outside investors including D1 Capital Partners, Altimeter Capital, and SoftBank Group.

Remepy Raises $36 Million Series A To Advance Hybridopa Phase III And Hybrid Drug Pipeline

By Amit Chowdhry ● Aug 12, 2026

Remepy has raised $36 million in Series A funding to expand its Hybrid Drug pipeline, accelerate pharmaceutical partnerships, and fund global Phase III development of Hybridopa for Parkinson’s disease. The financing brings the company’s total capital raised to $62 million. O.G. Venture Partners and M Ventures, the strategic venture arm of Merck KGaA, Darmstadt, Germany, led the round. Investors also included NFX, Vine Ventures, Qumra Capital, TechAviv, 97212 Ventures, Fresh Fund, PsyMed Ventures, Tadmor Group, Key1 Capital, and IT-Farm.

Energy Fuels’ Acquisition Of Australian Strategic Materials Wins Shareholder Approval

By Amit Chowdhry ● Aug 12, 2026

Energy Fuels has moved closer to acquiring Australian Strategic Materials after ASM securityholders overwhelmingly approved the proposed transaction.

Cerberus To Sell Resonant Sciences To Joby Aviation, Creating Dedicated Joby Defense Business

By Amit Chowdhry ● Aug 12, 2026

Cerberus Capital Management has entered into a definitive agreement to sell Resonant Sciences to Joby Aviation. Dayton, Ohio-based Resonant develops and manufactures advanced radar, navigation, communications, radio frequency, sensing, and mission systems for U.S. national security customers. Its capabilities also include low-observability technologies, electronic countermeasures, and autonomous systems.

Viome Acquires Circulate Health To Combine Precision Diagnostics With Therapeutic Plasma Exchange

By Amit Chowdhry ● Aug 12, 2026

Viome Life Sciences has acquired Circulate Health, bringing together Viome’s molecular diagnostics and precision nutrition platform with Circulate’s physician-guided therapeutic plasma exchange capabilities.

EnableComp Acquires Helix Advisory To Expand AI-Driven Hospital Revenue Recovery

By Amit Chowdhry ● Aug 12, 2026

EnableComp has acquired Helix Advisory, a Cincinnati-based revenue recovery company whose technology is designed to identify hospital underpayments that can be missed by traditional rules-based audit systems.

Polar Asset Management Partners Holds $215 Million First Close For CRS Fund II

By Amit Chowdhry ● Aug 12, 2026

Polar Asset Management Partners has completed the first close of its second dedicated Significant Risk Transfer investment fund with more than $215 million in commitments.

Bank Of America Launches $250 Billion Critical Infrastructure Finance Initiative

By Amit Chowdhry ● Aug 12, 2026

Bank of America has launched a $250 billion Critical Infrastructure Finance Initiative designed to mobilize capital for U.S. infrastructure development and modernization over an 18-month period.

Blue Point Capital Partners Recapitalizes Dumpsters.com To Accelerate Expansion

By Amit Chowdhry ● Aug 12, 2026

Blue Point Capital Partners has recapitalized Dumpsters.com, a national provider of managed waste and site services based in Westlake, Ohio. Financial terms of the transaction were not disclosed.

Carvana Prices $1.66 Billion Term Loan B To Cut Annual Cash Interest Expense By $45 Million

By Amit Chowdhry ● Aug 12, 2026

Carvana has upsized and priced a $1.66 billion Senior Secured Term Loan B facility as the online automotive retailer continues to improve its capital structure, extend debt maturities, and reduce borrowing costs. The transaction represents another step in the company’s effort to strengthen its balance sheet following a period of improved operating performance and profitability.

Troutman Pepper Locke Adds Bankruptcy And Restructuring Partner Sean Higgins In Boston

By Amit Chowdhry ● Aug 12, 2026

Troutman Pepper Locke has added Sean Higgins as a partner in its Bankruptcy and Restructuring Practice Group in Boston, expanding the firm's capabilities across commercial mortgage-backed securities special servicing, consumer financial services litigation, and broader commercial matters.

Context Labs Acquires Kinertic As Trafigura Makes Strategic Investment And Signs Multi-Year Agreement

By Amit Chowdhry ● Aug 12, 2026

Context Labs has acquired Agora (Europe) Limited and its Kinertic carbon-intelligence platform from Trafigura as part of a broader strategic relationship that also includes an equity investment and multi-year commercial agreement.

Merit Financial Advisors Buys $900 Million Firm Bridgeway Group

By Amit Chowdhry ● Aug 12, 2026

Merit Financial Advisors has acquired The Bridgeway Group, a Southern California wealth management firm overseeing approximately $900 million in assets. Bridgeway has offices in Pasadena and Covina and is led by longtime partners Matt Dupon, Sean Montgomery, and Scott Miller. Its nine-person team provides financial planning and investment management services with a particular focus on retirement planning.

Beyang Therapeutics Raises Nearly $30 Million Series A To Advance AI Drug Discovery Platform

By Amit Chowdhry ● Aug 12, 2026

Beyang Therapeutics has raised nearly $30 million in an oversubscribed Series A financing round to advance its AI-powered drug discovery platform and clinical pipeline.

inKind Secures $414 Million Financing, Bringing Total Capital Raised Above $1.2 Billion

By Amit Chowdhry ● Aug 12, 2026

inKind has closed an oversubscribed $414 million second financing tranche led by Citi and Cross River, bringing the restaurant commerce platform’s total capital raised to more than $1.2 billion.

Aureka Biotechnologies Raises $100 Million Series B To Build Biological World Model For Drug Discovery

By Amit Chowdhry ● Aug 12, 2026

Aureka Biotechnologies has raised $100 million in Series B financing to advance its biological foundation models and closed-loop AI-native drug discovery infrastructure, bringing the company’s total funding to nearly $200 million.

H&MV Engineering Valued At €1.4 Billion In €750 Million Continuation Vehicle Led By Exponent

By Amit Chowdhry ● Aug 12, 2026

H&MV Engineering has signed a transaction establishing an approximately €750 million continuation vehicle led by existing investor Exponent, valuing the high-voltage engineering company at approximately €1.4 billion.

Quad-C Management Invests In Paradigm HSE To Accelerate Safety Services Platform Growth

By Amit Chowdhry ● Aug 12, 2026

Quad-C Management has made an investment in Paradigm HSE, a provider of health and safety services to industrial customers across North America. Financial terms were not disclosed.

ApartmentIQ Secures $25 Million Follow-On Investment From Susquehanna Growth Equity As Platform Reaches 8 Million Units

By Amit Chowdhry ● Aug 12, 2026

ApartmentIQ has secured a $25 million follow-on investment from Susquehanna Growth Equity as the multifamily real estate intelligence platform expands its AI-powered product portfolio.

Soctera Raises $4 Million Seed Round Led By Anorak Ventures And Multiball Capital For Power Amplifier Technology

By Amit Chowdhry ● Aug 12, 2026

Soctera has raised $4 million in seed funding to develop semiconductor-based power amplifiers for applications spanning defense radar, electronic warfare, satellites and telecommunications. The round was backed by Anorak Ventures and Multiball Capital, with additional participation from 9Yards Capital, Mana Ventures and Red Bear Ventures.

Global AI Secures $441 Million J.P. Morgan-Led Financing To Expand Sovereign AI Infrastructure

By Amit Chowdhry ● Aug 12, 2026

Global AI has secured $441 million in senior secured financing led and arranged by J.P. Morgan, marking the sovereign AI infrastructure company’s first debt financing. The facility also included participation from a group of additional lenders.

Fazeshift Secures Investment From Amex Ventures Following $22 Million Series A

By Amit Chowdhry ● Aug 12, 2026

Fazeshift has secured an investment from Amex Ventures, the corporate venture capital arm of American Express, to support development of its AI-native finance automation platform.

Axle Raises $17.5 Million Series A Led By Base10 Partners For AI-Native Insurance Clearinghouse

By Amit Chowdhry ● Aug 12, 2026

Axle has raised $17.5 million in Series A funding led by Base10 Partners to expand its AI-native insurance clearinghouse. Y Combinator and Gradient made follow-on investments, while Stage 2 Capital and industry angel investors, including the founders of Cover Genius, also participated. Existing investors include members of Plaid’s early team.

Vaderis Therapeutics Raises $152 Million Series B And Launches Phase 3 HEROIC Study For Engasertib

By Amit Chowdhry ● Aug 12, 2026

Vaderis Therapeutics has closed an oversubscribed $152 million Series B financing and initiated its global Phase 3 HEROIC study evaluating engasertib in patients with hereditary hemorrhagic telangiectasia. The private financing was co-led by Life Sciences at Goldman Sachs Alternatives and TCGX, with participation from Omega Funds, EQT Life Sciences, Perceptive Advisors and Kalehua Capital, along with existing investors Medicxi and Droia.

LegalZoom: Agentic AI Resolves 40% Of Customer Inquiries As Trademark Search Time Falls 55%

By Amit Chowdhry ● Aug 12, 2026

LegalZoom is increasingly using artificial intelligence across customer service, legal workflows and sales, with agentic AI now fully resolving approximately 40% of customer-care inquiries end-to-end while AI tools have reduced trademark classification search time by 55%.