Archives

Skan AI Raises $63 Million As Platform Grows 300%+ And Processes 25 Billion Work Signals

By Amit Chowdhry ● Aug 20, 2026

Skan AI has raised $63 million as the enterprise AI company expands a platform that gives AI agents operational context based on how employees and business processes actually work.

Bridge To Life Raises $110 Million To Scale FDA-Cleared VitaSmart Liver Perfusion System And Expand Organ Transplant Pipeline

By Amit Chowdhry ● Aug 20, 2026

Bridge to Life has completed $110 million in Series C equity and debt financing to accelerate the U.S. commercialization of its VitaSmart Hypothermic Oxygenated Perfusion System and advance a broader pipeline of organ preservation and viability technologies.

Tims China: Loyalty Membership Jumps 42% To 37.1 Million

By Amit Chowdhry ● Aug 20, 2026

Tims China's registered loyalty-club membership increased 41.7% year over year to 37.1 million members at June 30, 2026, giving the Tim Hortons China operator a substantially larger addressable customer base even as Q2 sales and transaction volumes declined.

Elauwit: Recurring Revenue Jumps 82% As Billed Units Surge To 22,967

By Amit Chowdhry ● Aug 20, 2026

Elauwit Connection's Q2 2026 recurring service revenue increased 81.8% to $1.2 million from approximately $700,000, even as total quarterly revenue declined sharply because of lower project-based network construction activity.

Einride Targets 1,500-2,000 Trucks By 2028 As Potential Long-Term ARR Pipeline Reaches $800 Million

By Amit Chowdhry ● Aug 20, 2026

Einride is targeting a fleet of approximately 1,500 to 2,000 operating trucks by 2028, supported by roughly $800 million of potential long-term annual recurring revenue under Joint Business Plans as the autonomous and electric freight company works toward cash-flow breakeven.

Prenetics: IM8 July Revenue Hits $20.9 Million, Reaching $251 Million Annualized Run Rate Just 20 Months After Launch

By Amit Chowdhry ● Aug 20, 2026

Prenetics' IM8 wellness brand generated a record $20.9 million of revenue in July 2026, equivalent to an approximately $251 million annualized revenue run rate just 20 months after the brand's launch.

Auna: Free Cash Flow Jumps 181% As Leverage Falls To 3.6x

By Amit Chowdhry ● Aug 20, 2026

Auna increased free cash flow by 181% year over year in Q2 2026 while reducing its leverage ratio to 3.6x, as improved collections and working-capital management strengthened cash generation despite lower adjusted EBITDA margins.

iQIYI Generates RMB319.6 Million Of Free Cash Flow Despite RMB287.5 Million Q2 Net Loss

By Amit Chowdhry ● Aug 20, 2026

iQIYI generated RMB319.6 million, or approximately $47.1 million, of free cash flow in Q2 2026 despite reporting a RMB287.5 million net loss attributable to the company, creating a sharp divergence between reported earnings and cash generation.

La-Z-Boy: Retail Written Sales Jump 16% As New And Acquired Stores Drive Growth

By Amit Chowdhry ● Aug 20, 2026

La-Z-Boy's Retail segment posted 16% growth in written sales during its fiscal 2027 first quarter, as acquisitions, new store openings and positive same-store sales helped offset weaker results in the company's Wholesale and Joybird businesses.

VNET: Wholesale Data Center Revenue Jumps 29% As Capacity In Service Reaches 1,007MW

By Amit Chowdhry ● Aug 20, 2026

VNET Group's wholesale data center business continued to grow as a larger driver of the company in Q2 2026, with wholesale revenue up 29.3% year over year to RMB1.10 billion, or approximately $162.8 million, as wholesale capacity in service expanded 49.4% to 1,007MW from 674MW.

RockRose Risk Raises $12.5 Million Series A To Build Vertically Integrated Wildfire Insurance And Mitigation Platform

By Amit Chowdhry ● Aug 20, 2026

RockRose Risk has raised $12.5 million in Series A financing to expand its wildfire-focused insurance platform and evolve from a technology-enabled brokerage into a vertically integrated risk management business. The round was co-led by Crosslink Capital and Congruent Ventures, with participation from Nuveen Real Estate, which has more than $136 billion in commercial real estate holdings.

Ours Privacy Raises $15 Million Series A To Scale HIPAA-Compliant Healthcare Marketing Platform Across 200+ Organizations

By Amit Chowdhry ● Aug 20, 2026

Ours Privacy has raised $15 million in Series A funding to expand its privacy-first growth marketing and data infrastructure platform for healthcare organizations. The multiple-times-oversubscribed round was led by Lightbank and Health Velocity Capital, with participation from existing investors including Rock Health, Lakehouse, TMV, Switch Ventures, Starfire Ventures and GreyMatter.

Greenstone Biosciences Wins Breakthrough T1D Grant To Build Patient-Derived 3D Islet Platform With Multi-Omics

By Amit Chowdhry ● Aug 20, 2026

Greenstone Biosciences has received a Breakthrough T1D Industry Discovery and Development Partnership grant to develop a patient-derived islet cell platform aimed at improving understanding of insulin-producing beta cells in people with type 1 diabetes.

KaliVir Immunotherapeutics Raises $14 Million Series A Extension, Bringing Total Series A Funding To $25 Million

By Amit Chowdhry ● Aug 20, 2026

KaliVir Immunotherapeutics has raised a $14 million extension of its Series A financing to support continued clinical development of VET3-TGI, its lead oncolytic immunotherapy candidate for advanced solid tumors. The financing was led by Company K Partners, with participation from SV Investment and Flexus Partners. Existing investors, including affiliates of Nextrans and Quad Investment Management, also participated. The extension brings KaliVir's total Series A financing to $25 million.

Network Bio Launches With $50 Million Financing And $30+ Million AI Partnership To Build Disease-Specific Models

By Amit Chowdhry ● Aug 20, 2026

Network Bio has launched with $50 million in financing to build disease-specific artificial intelligence models trained on large-scale human tissue, blood, molecular and clinical datasets, as the biotechnology company seeks to apply AI to diagnostics, biomarker discovery and drug development. Investors include Section 32, Thiel Bio, Founders Fund, Breyer Capital, Blue Venture Fund, JSL Health Capital and other life sciences and AI-focused funds.

Why Goldman Sachs Is Buying NEOS Investments For Up To $2.25 Billion

By Amit Chowdhry ● Aug 20, 2026

Goldman Sachs has agreed to acquire NEOS Investments for consideration of up to $2.25 billion in cash and equity, expanding Goldman Sachs Asset Management's options-based ETF capabilities and creating a combined platform with approximately $80 billion in active ETFs.

Inturai Ventures To Acquire DomeCommand Drone Swarm AI Platform For Up To C$6.025 Million

By Amit Chowdhry ● Aug 20, 2026

Smack Raises $61 Million Series B, Bringing Total Funding Above $90 Million To Scale Tactical AI

By Amit Chowdhry ● Aug 20, 2026

Smack Technologies has raised $61 million in Series B financing to expand its domain-specific artificial intelligence technology for military decision-making, bringing the national security AI company's total capital raised to more than $90 million. Costanoa Ventures and First In led the round, with participation from Point72 Ventures, Geodesic Capital, Nomi Capital, Felicis, Scribble Ventures, Fortitude Ventures, Bloomberg Beta and Palumni VC.

Latin Metals And Minsur Agree Lacsha Copper Option With Up To $42.62 Million In Potential Cash Payments

By Amit Chowdhry ● Aug 20, 2026

Latin Metals has entered into a letter of intent with Minsur covering a potential acquisition of its wholly owned Lacsha Copper Project in Peru, with the structure offering Latin Metals up to $42.62 million in aggregate cash payments if all option and royalty buyback provisions are exercised. The companies plan to work toward definitive agreements within 90 days.

General Fusion Enters Public Markets With $150 Million As LM26 Heats Plasma To 8.4 Million Degrees

By Amit Chowdhry ● Aug 20, 2026

General Fusion Group has provided its first business update as a public company after becoming the first publicly listed fusion company through its July 2026 Nasdaq listing.

Saratoga Investment Prices $85 Million 8% Notes Offering To Redeem 6% Notes Due 2027

By Amit Chowdhry ● Aug 20, 2026

Saratoga Investment Corp. has priced an underwritten public offering of $85 million in aggregate principal amount of 8% unsecured notes due 2031, with proceeds expected to help redeem the company's outstanding 6% notes due 2027.

Turnspire Capital Partners Acquires Hulcher Services, Adding 28 Rail Service Centers And 3,000+ Equipment Units

By Amit Chowdhry ● Aug 20, 2026

Turnspire Capital Partners has acquired Hulcher Services, a North American provider of rail infrastructure, maintenance, and field services with 28 service centers across the United States and Mexico.

JBS Proposes To Acquire Remaining 18% Of Pilgrim’s Pride In All-Stock Deal

By Amit Chowdhry ● Aug 20, 2026

JBS has submitted a non-binding proposal to acquire the approximately 18% of Pilgrim's Pride that it does not already own, potentially bringing the poultry producer fully under JBS ownership.

Glow Names Patti Degnan Chief Information Security Officer To Build Security, Privacy, And Customer Trust Functions

By Amit Chowdhry ● Aug 19, 2026

Glow has appointed Patti Degnan as Chief Information Security Officer as the recently emerged-from-stealth cybersecurity company builds out its leadership team and strengthens its own security posture alongside its endpoint security platform.

STB Restarts Union Pacific-Norfolk Southern Merger Review And Sets November 18 Comment Deadline

By Amit Chowdhry ● Aug 19, 2026

The Surface Transportation Board has restarted its review of the proposed Union Pacific and Norfolk Southern merger, removing the proceeding and its environmental review from abeyance and establishing a procedural schedule for evaluating the transaction. The agency emphasized that the decision is procedural and does not constitute a ruling on the merits of the merger application or on issues raised by commenters.

Quantizr Raises $5 Million In Seed Funding As AI Tour Finance Platform Quadruples Users In 9 Months

By Amit Chowdhry ● Aug 19, 2026

Quantizr has raised $5 million in seed financing to expand its AI-powered financial operations platform for the live entertainment industry as the company seeks to help artist teams manage tour budgets, expenses and settlements in real time. The round was led by TTV Capital, an early investor in Bill.com and Greenlight, with participation from music industry veterans Jonathan Azu, founder of Culture Collective; Chris Kappy, founder of Make Wake Artists; and Andy Levine, founder of Sixthman and Topeka.

Schwab: Client Assets Reach $13.04 Trillion As July Core Net New Assets Hit Record $58.1 Billion

By Amit Chowdhry ● Aug 19, 2026

The Charles Schwab Corporation reported $13.04 trillion in total client assets at the end of July 2026 as core net new assets reached $58.1 billion, a record for the month of July and a 24% increase from a year earlier.

TAG Invest Surpasses $2 Billion AUM After 60% Growth

By Amit Chowdhry ● Aug 19, 2026

TAG Advisors announced that TAG Invest, its in-house asset management platform, has surpassed $2 billion in assets under management after growing more than 60% in less than a year.

TPG Offers $468 Million To Acquire EQT Holdings At Nearly 42% Premium

By Amit Chowdhry ● Aug 19, 2026

TPG Global has submitted an indicative takeover proposal valuing Australia's EQT Holdings at approximately A$657.8 million ($468 million), sending the investment manager's shares to their strongest trading day in more than four decades, according to Reuters.

UCC Environmental Acquires Cast Steel Products To Expand Mining And Steel Performance Parts Platform

By Amit Chowdhry ● Aug 19, 2026

UCC Environmental has acquired Cast Steel Products, expanding its performance parts business across mining, steel and other heavy industrial markets. Financial terms of the transaction were not disclosed.