Archives

LemFi: Tether Invests To Expand Stablecoin-Powered Remittances Across Emerging Markets

By Amit Chowdhry ● May 18, 2026

Tether, the digital asset company and issuer of USD₮, announced a strategic investment in fintech platform LemFi to accelerate stablecoin-powered remittances across emerging markets. The companies said the partnership is designed to improve the speed, affordability, and accessibility of cross-border financial services for users in Africa, Asia, and other global corridors.

Wonderlab Bio: Jetstream Venture Fund Investment Expands HealthTech Growth Strategy

By Amit Chowdhry ● May 18, 2026

Jetstream Venture Fund announced an investment in Wonderlab Bio, a Boston-based biotechnology company focused on off-the-shelf cell therapies. The investment expands Jetstream’s portfolio of high-growth companies across sectors, including regenerative medicine, aerospace, and artificial intelligence.

Innovative Motion Technologies Closes New Credit Facility Led by TPG Twin Brook

By Amit Chowdhry ● May 18, 2026

Innovative Motion Technologies (IMT), a global industrial technology platform and portfolio company of Cathay Capital, announced the closing of a new senior credit facility led by TPG Twin Brook to support the company’s continued growth and acquisition strategy.

PowerGEM: Investment From General Atlantic And Acquisition Of Telos Energy To Expand Grid Modernization Platform

By Amit Chowdhry ● May 18, 2026

PowerGEM announced a strategic growth investment from General Atlantic through its BeyondNetZero fund and also revealed its acquisition of Telos Energy as the company looks to expand its capabilities in power grid engineering, market analysis, and AI-enabled energy infrastructure solutions. Existing investor TA Associates will continue supporting the company as PowerGEM accelerates its efforts to address growing grid complexity and rising demand across the energy sector.

SponsorCX Raises Additional Series A Funding To Modernize Partnership Operations

By Amit Chowdhry ● May 18, 2026

SponsorCX announced an additional investment into its Series A funding round, led by Kickstart with participation from Blueprint Equity, Capital Eleven, Frazier Group, Helm Ventures, and several returning investors.

DLA Piper: Amanda Gill Joins As Partner To Strengthen Public And Private Company M&A Capabilities

By Amit Chowdhry ● May 18, 2026

DLA Piper announced that Amanda Gill has joined the firm as a partner in its Corporate practice based in New York. Gill will advise public and private companies on mergers and acquisitions, with a particular focus on the life sciences and technology sectors.

BingEx: Strategic Investment From Low-Altitude Industry Platform To Accelerate Drone Delivery Expansion

By Amit Chowdhry ● May 18, 2026

BingEx Limited announced that its wholly owned subsidiary has signed a strategic investment agreement with Hangzhou Low-Altitude Industry Development Co., Ltd. to accelerate the deployment of drone delivery and low-altitude logistics services in China.

Inspira Technologies: $580,000 NYU Langone Purchase Order For FDA-Cleared ART100 Systems

By Amit Chowdhry ● May 18, 2026

Inspira Technologies announced that NYU Langone Health issued a $580,000 commercial purchase order for the company’s FDA-cleared ART100 extracorporeal blood circulation systems following a multi-patient hospital evaluation.

BrainsWay: $1.5 Million Investment In Hopemark Health To Expand Access To Interventional Psychiatry Care

By Amit Chowdhry ● May 18, 2026

BrainsWay announced a strategic minority-stake investment in Hopemark Health as part of its broader strategy to expand awareness of and access to advanced interventional psychiatry treatments across North America.

Adams Outdoor Advertising: Acquisition Expands Billboard Footprint Into Upstate South Carolina

By Amit Chowdhry ● May 18, 2026

Adams Outdoor Advertising announced the acquisition of 30 billboard faces from McWhorter Media Group, expanding its presence into Upstate South Carolina and marking the second transaction between the two companies following a prior acquisition in Virginia.

Pioneer Power Solutions: $6 Million PRYMUS Award Secured From Major National Logistics Customer

By Amit Chowdhry ● May 18, 2026

Pioneer Power Solutions announced that it secured a $6 million award for two of its PRYMUS distributed generation systems from one of the nation’s largest package delivery companies. The systems are expected to provide prime power to two separate transit hubs, with delivery scheduled for the second half of 2026.

Dust: $40 Million Raised For Multiplayer Enterprise AI Platform

By Amit Chowdhry ● May 18, 2026

Dust, a multiplayer AI platform designed for human-agent collaboration inside enterprises, announced it has raised $40 million in Series B funding. The round was led by Abstract and Sequoia Capital, with participation from Snowflake and Datadog. With this financing, Dust has now raised more than $60 million in total funding.

GetReal Security: Trust And Authenticity Platform Launches With Continuous Identity Verification And Deepfake Detection

By Amit Chowdhry ● May 18, 2026

GetReal Security announced the general availability of continuous identity verification within its flagship platform, GetReal Protect, introducing what the company describes as the first trust and authenticity platform to combine real-time continuous identity verification, impersonation detection, and deepfake detection across voice and video communications.

MiddleGround Capital: Firmwide Promotions Include Roland Veldhuijzen van Zanten Elevated To Managing Director

By Amit Chowdhry ● May 18, 2026

MiddleGround Capital announced seven firmwide promotions, including the elevation of Roland Veldhuijzen van Zanten to Managing Director, reflecting the private equity firm’s continued growth and focus on developing talent internally.

SafelyYou: Joelle Poe Appointed As Vice President Of Strategy

By Amit Chowdhry ● May 18, 2026

SafelyYou, an AI-powered senior living care company, announced the appointment of Joelle Poe as Vice President of Strategy. In this role, Poe will oversee strategic initiatives aimed at sharpening the company’s competitive positioning, strengthening strategic partnerships, and guiding innovation as SafelyYou expands its AI-driven senior living platform.

Ryde Group: James Tan Appointed As Chief Product Officer

By Amit Chowdhry ● May 18, 2026

Ryde Group announced the appointment of James Tan as chief product officer as the company looks to accelerate platform innovation, marketplace optimization, and product-led growth initiatives.

Cosmico: €12 Million Raised By Future Of Work Platform To Expand Through M&A And Acquire Flatmates

By Amit Chowdhry ● May 18, 2026

Milan-based Cosmico, a Future of Work platform focused on digital talent, creator economy services, and AI-powered workforce solutions, announced it has raised €12 million in Series B funding.

LawX: €7.5 Million Raised To Build AI Operating System For Law Firms And Notaries

By Amit Chowdhry ● May 18, 2026

Berlin-based legal technology company LawX announced it has raised €7.5 million in funding as it expands its AI-powered operating system for law firms and notaries’ offices. The company also revealed it has surpassed €1 million in recurring revenue since launching its platform.

Alcolase: €1.5 Million Raised For Enzyme-Based Remedy Addressing Alcohol Intolerance

By Amit Chowdhry ● May 18, 2026

Ada Ventures announced it has co-led a €1.5 million funding round into Danish-British biotech company Alcolase, which is developing what it describes as the world’s first enzyme system designed to break down alcohol in the stomach before it enters the bloodstream. The round also included participation from Delphinus Venture Capital, Antler, Manigoff Invest, and a group of angel investors.

Coastal Medical Transportation Systems Acquires Alert Ambulance To Expand New England Medical Transportation Network

By Amit Chowdhry ● May 18, 2026

Coastal Medical Transportation Systems (CMTS), a privately owned medical transportation provider serving New England, announced it has acquired Alert Ambulance Service as part of its continued regional expansion strategy.

Neurocrine Biosciences: $2.9 Billion Soleno Therapeutics Acquisition Expands Rare Disease Portfolio

By Amit Chowdhry ● May 18, 2026

Neurocrine Biosciences announced the completion of its acquisition of Soleno Therapeutics, strengthening its endocrinology and rare disease portfolio with the addition of VYKAT XR, the first and only approved treatment for hyperphagia in patients with Prader-Willi syndrome (PWS). The transaction, initially announced on April 6, 2026, carried a total equity value of approximately $2.9 billion.

Ralliant: $27.3 Million Defense Production Act Investment To Scale PacSci EMC Rocket Motor Safety Component Production

By Amit Chowdhry ● May 18, 2026

Ralliant Corporation announced that its Pacific Scientific Energetics Materials Company (PacSci EMC) business received a $27.3 million investment from the Department of War through Defense Production Act Title III funding to expand production of the universal Arm Fire Device (AFD), a critical safety component used in solid rocket motor applications.

Sigma: $80 Million Raised At $3 Billion Valuation For AI Apps And Agentic Analytics Platform

By Amit Chowdhry ● May 18, 2026

Sigma, the AI Apps and agentic analytics platform, announced it has raised $80 million in Series E financing at a $3 billion valuation. The funding round was led by Princeville Capital and included participation from Databricks Ventures, ServiceNow Ventures, Workday Ventures, and other investors. Existing investors participating in the round included Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, K5 Global, NewView Capital, Spark Capital, Sutter Hill Ventures, and XN. JP Morgan served as placement agent for the financing.

Transient.AI: Series A Investment From NEXT Investors To Advance AI Innovation In Capital Markets

By Amit Chowdhry ● May 18, 2026

NEXT Investors announced an investment in the Series A financing round of Transient.AI, an AI-native investment management platform designed specifically for institutional trading environments. The financial terms of the funding round were not disclosed.

Blink: $17 Million Raised From Enlightened Hospitality Investments And Global Partnership Announced With Shake Shack

By Amit Chowdhry ● May 18, 2026

Blink, a mobile-first employee experience platform for frontline workforces, announced it has raised $17 million in funding from Enlightened Hospitality Investments (EHI), the growth equity fund affiliated with Danny Meyer’s Union Square Hospitality Group (USHG). The company also announced a new global partnership with Shake Shack following a successful integration of its workforce management solutions.

Northwestern University: Mung Chiang Named Next President

By Amit Chowdhry ● May 18, 2026

Northwestern University announced that Mung Chiang has been named the institution’s 18th president. Chiang, who currently serves as president of Purdue University, will officially begin his new role on July 1 following an extensive global search led by representatives from Northwestern’s Board of Trustees, faculty, staff, alumni, and student body.

Gradiant: $2 Billion Valuation Reached With Series E Financing To Expand AI And Industrial Water Infrastructure

By Amit Chowdhry ● May 18, 2026

Gradiant announced the closing of a Series E financing round that values the company at $2 billion. The financing round was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors.

Nord Quantique: $30 Million Investment Pushes Quantum Computing Company To $1.4 Billion Valuation

By Amit Chowdhry ● May 18, 2026

Nord Quantique, a quantum computing company focused on quantum error correction and fault-tolerant systems, announced the closing of a $30 million investment round that brings the company’s valuation to $1.4 billion. The funding will support the company’s roadmap toward achieving fault-tolerant quantum computing by 2030.

Zeeco: Acquisition Of Oil & Gas Technologies Expands Australia Presence And Vapor Control Capabilities

By Amit Chowdhry ● May 18, 2026

Zeeco announced it has completed the acquisition of Oil & Gas Technologies Pty Ltd, expanding its capabilities and footprint in Australia and the broader Asia-Pacific region.

International Paper Acquires Delmarva Corrugated Packaging Facility To Expand East Coast Presence

By Amit Chowdhry ● May 18, 2026

International Paper announced it has acquired a converting facility from Delmarva Corrugated Packaging in Dover, Delaware, expanding its footprint in a growing East Coast market.