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Prometheus Raises $12 Billion Series B At $41 Billion Valuation To Develop AI Tools For Engineering And Manufacturing

By Amit Chowdhry ● Jun 12, 2026

Prometheus, the artificial intelligence startup co-led by Amazon founder Jeff Bezos and Stanford professor Vik Bajaj, has raised $12 billion in Series B funding at a $41 billion valuation, according to comments made by Bezos during an interview with CNBC.

Base10 Partners Raises $850 Million, Assets Under Management Reach $2.6 Billion

By Amit Chowdhry ● Jun 12, 2026

Base10 Partners announced that it closed $850 million in new capital during 2025, bringing its assets under management to $2.6 billion as the venture capital firm continues backing companies focused on applying AI and automation to the real economy.

JAB Sells Remaining Stake In Keurig Dr Pepper

By Amit Chowdhry ● Jun 12, 2026

JAB BevCo, a subsidiary of JAB Holding Company, announced that it has sold its remaining ownership stake in Keurig Dr Pepper, consisting of approximately 59.1 million shares, representing about 4.3% of the beverage company’s outstanding common stock.

Google Highlights AI-Powered Defenses And Industry Collaboration To Combat Sophisticated Scams

By Amit Chowdhry ● Jun 12, 2026

Google outlined its efforts to combat increasingly sophisticated AI-powered scams, emphasizing a combination of AI, cross-industry partnerships, and legal action to disrupt organized cybercrime networks.

Adobe Appoints Steve Day Interim CFO Following Dan Durn’s Departure

By Amit Chowdhry ● Jun 12, 2026

Adobe announced that Executive Vice President and Chief Financial Officer Dan Durn will leave the company on June 15, 2026, to pursue a new professional opportunity. Steve Day, a more than 20-year Adobe veteran who currently serves as Senior Vice President of Corporate Finance, will assume the role of interim CFO.

APi Group Completes Onyx-Fire Acquisition And Raises 2026 Outlook

By Amit Chowdhry ● Jun 11, 2026

APi Group announced the completion of its acquisition of Onyx-Fire Protection Services, a Canadian provider of fire and life safety services, following the closing of the transaction on June 8, 2026. The acquisition, which was originally announced in April, strengthens APi’s position in the Canadian market and expands its portfolio of recurring, regulatory-driven safety services.

Aditxt Signs Agreement Valuing Ignite Proteomics At Approximately $150 Million

By Amit Chowdhry ● Jun 11, 2026

Aditxt and its wholly owned subsidiary, Ignite Proteomics, announced that Ignite has entered into a definitive business combination agreement with a strategic counterparty that is expected to result in Ignite becoming an independent publicly traded company. The transaction assigns Ignite an implied equity valuation of approximately $150 million, subject to the terms and conditions of the agreement.

Chariot Capital Group Acquires Laser Clinics UK

By Amit Chowdhry ● Jun 11, 2026

Chariot Capital Group announced the completion of its acquisition of Laser Clinics UK, one of the United Kingdom’s leading providers of laser, skin, and aesthetic treatments. Financial terms of the transaction were not disclosed.

Sylmar Group Acquires Tower Water To Expand Water Treatment Platform In The Northeast

By Amit Chowdhry ● Jun 11, 2026

Sylmar Group announced the acquisition of Tower Water, a leading provider of water treatment services in the New York metropolitan area. The transaction strengthens Sylmar’s presence in the Northeast and represents another step in the company’s effort to build a national platform focused on industrial water and wastewater treatment.

Naratix Raises €1 Million Seed Round Led By Early Game Ventures

By Amit Chowdhry ● Jun 11, 2026

Naratix announced that it has raised €1 million in seed funding in a round led by Early Game Ventures. The company plans to use the capital to accelerate its expansion in the United States and strengthen its presence in markets where it already operates.

Paymove Secures New Funding For Payment Solutions Platform

By Amit Chowdhry ● Jun 11, 2026

Paymove announced that it has completed a new financing round led by 4growth VC, a venture capital firm known for investing in financial technology companies. Financial terms of the investment were not disclosed.

Skyfora Raises €6.5 Million To Expand Atmospheric Data Platform

By Amit Chowdhry ● Jun 11, 2026

Skyfora announced that it has raised €6.5 million in funding to accelerate the growth of its atmospheric data platform and expand the commercial deployment of its weather intelligence products.

Orange Acquires Remaining Stake In MasOrange For €4.25 Billion, Takes Full Ownership Of Spanish Telecom Leader

By Amit Chowdhry ● Jun 11, 2026

Orange has completed the acquisition of the remaining 50% stake in MasOrange held by joint venture partner Lorca, giving the telecommunications group full ownership of Spain’s largest operator by customer base.

American Pacific Mortgage And Synergy One Lending Merge To Create $14 Billion Retail Mortgage Platform

By Amit Chowdhry ● Jun 11, 2026

American Pacific Mortgage (APM) and Synergy One Lending announced a strategic merger that combines two retail mortgage lenders to create a larger national platform designed for the evolving mortgage market.

Telenor Acquires Enivest For NOK 2.5 Billion To Expand Broadband Presence In Western Norway

By Amit Chowdhry ● Jun 11, 2026

Telenor has agreed to acquire Enivest, one of the leading fiber operators in Western Norway, in a transaction valued at NOK 2.5 billion.

McDermott Adds Jessica Lee To Expand London Litigation And Crypto Disputes Practice

By Amit Chowdhry ● Jun 11, 2026

McDermott Will & Schulte announced the addition of Jessica Lee as a litigation partner in London, strengthening the firm’s capabilities in complex commercial disputes, civil fraud, asset recovery, and digital asset litigation.

Invisible-Light Labs Closes Pre-Seed Funding Round

By Amit Chowdhry ● Jun 11, 2026

Invisible-Light Labs announced the successful closing of its pre-seed funding round, marking an important milestone in the company’s transition from scientific research to commercial development.

MODON Attracts SAR 30 Billion In New Investments During 2025

By Amit Chowdhry ● Jun 11, 2026

The Saudi Authority for Industrial Cities and Technology Zones (MODON) announced that it secured approximately SAR 30 billion in new investments during 2025, including SAR 18 billion in domestic investment and more than SAR 12 billion in foreign capital.

NAI Burns Scalo Expands Florida Presence With Acquisition Of Commercial Property Southwest Florida

By Amit Chowdhry ● Jun 11, 2026

NAI Burns Scalo announced the acquisition of Cushman & Wakefield | Commercial Property Southwest Florida (CPSWFL) in Fort Myers, significantly expanding its presence across the Florida market and strengthening its position along the state’s Gulf Coast.

Banner Capital Appoints McKay Potter As Principal

By Amit Chowdhry ● Jun 11, 2026

Banner Capital announced the appointment of McKay Potter as Principal, adding senior investment leadership as the lower middle market private equity firm continues to scale its platform and deploy capital from its second fund.

Bed Bath & Beyond Acquires Installed Right And SFV Services To Expand Home Services Platform

By Amit Chowdhry ● Jun 11, 2026

Bed Bath & Beyond announced the expansion of Beyond Home Services, its dedicated home services platform, through the acquisitions of Installed Right and SFV Services. The deals strengthen the third pillar of the company’s Everything Home strategy by adding installation, renovation, construction, and project execution capabilities.

Poxel Appoints Yves Decadt As CEO To Advance Portfolio Development And Strategic Partnerships

By Amit Chowdhry ● Jun 11, 2026

Poxel announced the appointment of Yves Decadt as Chief Executive Officer, effective June 10, 2026, as the company moves forward with the implementation of its Continuation Plan and seeks to accelerate the development and commercialization of its key assets.

General Motors Expands Partnership With Redwood Across The Full Battery Lifecycle

By Amit Chowdhry ● Jun 11, 2026

General Motors and Redwood Materials announced a new phase of their partnership that will see approximately 100 repurposed GM battery packs deployed at one of GM’s operating plants in Michigan to provide 1.5 megawatts and 7.2 megawatt-hours of dispatchable energy.

Broadridge Appoints Todd Diganci To Board Of Directors

By Amit Chowdhry ● Jun 11, 2026

Broadridge Financial Solutions announced the appointment of Todd Diganci to its Board of Directors, effective August 1, 2026. Following the appointment, the company’s board will expand to 10 members, eight of whom are independent directors. Diganci will also serve on the board’s Audit Committee.

Nox Health Appoints Milton Silva-Craig As CEO To Drive Global Expansion And Advance Sleep Healthcare

By Amit Chowdhry ● Jun 11, 2026

Nox Health announced the appointment of Milton Silva-Craig as Chief Executive Officer, effective June 15, 2026, as the company enters its next stage of global growth and seeks to expand its position in sleep diagnostics and sleep care management.

HighLevel Appoints Mike Kourey To Board Of Directors As Audit Chair

By Amit Chowdhry ● Jun 11, 2026

HighLevel announced the appointment of veteran technology finance executive Mike Kourey to its Board of Directors as Audit Chair, adding a seasoned leader with more than three decades of experience guiding high-growth technology companies.

Akin Adds Dilen Kumar As Partner To Expand Global Private Equity Platform

By Amit Chowdhry ● Jun 11, 2026

Akin announced that Dilen Kumar has joined the firm’s corporate practice as a partner based in Dallas, further strengthening its global private equity platform and enhancing its capabilities in mergers and acquisitions, investment strategies, and capital structures.

Sigmetrix Appoints Ed Walsh As President

By Amit Chowdhry ● Jun 11, 2026

Sigmetrix announced the appointment of Ed Walsh as President, effective immediately, as the company continues to expand its mechanical variation management solutions for manufacturers worldwide.

HUGO BOSS Receives Unsolicited €38 Per Share Takeover Proposal From Frasers Group

By Amit Chowdhry ● Jun 11, 2026

HUGO BOSS announced that Frasers Group has published its intention to launch a voluntary public takeover offer for all outstanding shares of the company. The proposed transaction was initiated by Frasers Group and was not coordinated with HUGO BOSS.

Hut 8 Closes $4.25 Billion Investment-Grade Bond Offering For Beacon Point Data Center Project

By Amit Chowdhry ● Jun 11, 2026

Hut 8 announced the closing of a $4.25 billion offering of 6.129% senior secured notes due 2042 to finance the development of its Beacon Point data center project in Texas. The transaction marks the company’s second investment-grade data center construction bond and brings cumulative project-level investment-grade financing to $7.5 billion.