Archives

Vista Equity Partners To Acquire Majority Stake In Quantios From Hg

By Amit Chowdhry ● Aug 2, 2026

Hg has agreed to sell its majority stake in Quantios, a provider of software-as-a-service solutions for the global trust and corporate services industry, to Vista Equity Partners. Financial terms of the transaction were not disclosed.

Johnson & Johnson Secures $2.58 Billion Option To Acquire Sail Biomedicines

By Amit Chowdhry ● Aug 2, 2026

Johnson & Johnson has entered into strategic agreements with Sail Biomedicines to develop in vivo CAR-T therapies for immune-mediated diseases and has secured an exclusive option to acquire Sail for $2.58 billion. And Johnson & Johnson will collaborate with Sail on the biotechnology company’s lead immune-mediated disease program and its broader platform. The partnership includes incentives to expand Sail’s technology into additional therapeutic targets.

VanEck Partners With Allocate To Expand Private Markets Access For Wealth Advisors

By Amit Chowdhry ● Aug 2, 2026

VanEck has entered into a partnership with Allocate to expand access to private-market investment strategies for financial advisors, registered investment advisers and their clients. And VanEck will use Allocate’s private-markets technology and operational infrastructure to launch and manage advisor-focused offerings while retaining control over its investment strategies, products, brand and investor relationships.

Cytactic Adds Stripe Executive Shawn J. Chen To Advisory Board Following Strategic Investment

By Amit Chowdhry ● Aug 2, 2026

Cytactic has appointed cybercrime and crisis management expert Shawn J. Chen to its advisory board following a strategic investment by Chen in the company. Chen currently serves as Global Head of Litigation, Financial Crime & Risk Legal, IP and Cyber & Data Privacy at Stripe. He previously served as Global General Counsel for Litigation, Regulatory Enforcement and Investigations at HSBC.

BAE Systems’ Free Cash Flow Swings By £2.16 Billion To £1.79 Billion In First Half Of 2026

By Amit Chowdhry ● Aug 2, 2026

BAE Systems reported a £2.16 billion year-over-year swing in free cash flow during the first half of 2026, moving from a £368 million outflow in the prior-year period to a £1.79 billion inflow.

Vecteezy: Interview With Founder And CEO Shawn Rubel About The Creative Photo And Video Marketplace

By Amit Chowdhry ● Aug 2, 2026

Strivve Secures Final CUSO-Backed Capital Raise Led By Chartway Ventures

By Amit Chowdhry ● Aug 2, 2026

Strivve and its Credit Union Service Organization subsidiary, Strivve CUSO, have secured an investment led by Chartway Ventures as part of what is expected to be the fintech company’s final capital raise.

EVERSION Raises €2.3 Million Led By Kammerer Holding And Kreissparkasse Biberach Fund

By Amit Chowdhry ● Aug 2, 2026

EVERSION Technologies has raised €2.3 million in an investment led by family office Kammerer Holding and the opportunity capital fund of Kreissparkasse Biberach.

Ahead Health Raises $10 Million To Expand Into Germany And The Netherlands

By Amit Chowdhry ● Aug 2, 2026

Ahead Health has raised $10 million in funding led by 3VC and RTP Global to support its expansion into Germany and the Netherlands, its first markets outside Switzerland. The Zurich-based preventive healthcare company has begun accepting bookings for checkups in Munich. Customers in the Netherlands can join a waitlist ahead of the company’s full rollout in August 2026.

Bombardier’s Free Cash Flow Swings By $392 Million To $228 Million In Q2 2026

By Amit Chowdhry ● Aug 2, 2026

Bombardier delivered a major cash-flow turnaround during the second quarter of 2026, generating $228 million in free cash flow compared with cash usage of $164 million during the same period last year.

Intercontinental Exchange To Acquire MarketAxess For $5.7 Billion

By Amit Chowdhry ● Aug 2, 2026

Intercontinental Exchange has entered into a definitive agreement to acquire MarketAxess Holdings, creating an integrated fixed-income marketplace spanning electronic execution, market data, indices, analytics and post-trade services.

EU Launches AI Gigafactories Call To Unlock More Than €30 Billion In Investment

By Amit Chowdhry ● Aug 2, 2026

The European Union has launched a call for tenders to establish up to seven AI Gigafactories across Europe, advancing its goal of strengthening technological sovereignty and becoming a leading AI continent.

Mastercard’s Value-Added Services Revenue Jumps 20% As Business Becomes Major Growth Engine

By Amit Chowdhry ● Aug 2, 2026

Mastercard reported that its value-added services and solutions business grew substantially faster than its core payment network during the second quarter of 2026, highlighting the segment’s increasing importance to the company’s broader growth strategy.

Ferrari Raises Full-Year Guidance And Reported €1.94 Billion In Q2 2026 Revenue

By Amit Chowdhry ● Aug 2, 2026

Ferrari reported net revenue of €1.94 billion for the second quarter of 2026, up 8.4% from €1.79 billion in the same period last year. Revenue increased 10.6% on a constant-currency basis. Operating profit increased 9.5% to €605 million, producing an EBIT margin of 31.2%, compared with 30.9% one year earlier.

Wacona Capital Closes $210 Million Continuation Vehicle For Core States Group Led By Painswick Capital

By Amit Chowdhry ● Aug 2, 2026

Wacona Capital has closed a single-asset continuation vehicle for Core States Group with total commitments of approximately $210 million, including commitments from the private equity firm’s general partner.

University Of Missouri: Consistent Daily Routine Linked To Lower Pain And Depression, Says Research

By Amit Chowdhry ● Aug 2, 2026

University of Missouri researchers have identified a simple, effective way to improve quality of life. A new study found that maintaining a consistent daily routine can reduce physical pain and ease symptoms of depression, showing how everyday habits can meaningfully impact well-being, particularly for older adults with insomnia.

UC San Diego: Sweat-Powered Fingertip Patch Monitors Parkinson’s Medication

By Amit Chowdhry ● Aug 1, 2026

Engineers and neuroscientists at the University of California San Diego have developed a soft, wearable fingertip patch that continuously tracks a patient's Parkinson's disease medication levels through their sweat. The device operates using chemicals in the patient's sweat and requires no batteries. Its measurements were comparable to those obtained by standard laboratory blood tests, according to research published in Proceedings of the National Academy of Sciences.

Ionis: Dr. Frank Bennett To Retire As Chief Scientific Officer

By Amit Chowdhry ● Aug 1, 2026

Ionis Pharmaceuticals announced that Frank Bennett, Ph.D., executive vice president and chief scientific officer, will retire effective February 2027.

Ashland: Peter Thomas And Allen Spizzo Appointed To Board Of Directors

By Amit Chowdhry ● Aug 1, 2026

Ashland announced the appointments of two new independent members of the Company Board of Directors and the formation of a Capital Allocation Advisory Committee as part of its entry into a cooperation agreement with Ancora Holdings Group, a meaningful stockholder.

University Of Vermont: V-GaN Tech Hub Opens New Test And Characterization Facility

By Amit Chowdhry ● Aug 1, 2026

The Vermont Gallium Nitride Tech Hub has officially opened a new Test and Characterization Facility, a major addition to the nation's growing microelectronics innovation ecosystem and a critical resource for accelerating the transition of advanced semiconductor technologies from development to commercial deployment. The facility is located in South Burlington, Vermont.

Qlaris Bio: Parisa Zamiri, M.D., Ph.D., Appointed To Board Of Directors

By Amit Chowdhry ● Aug 1, 2026

Qlaris Bio, a clinical-stage biotechnology company focused on developing first-in-class therapies for glaucoma, has appointed Parisa Zamiri, M.D., Ph.D., to its board of directors. The appointment comes as Qlaris continues to advance its lead development program, QLS-111, through late-stage clinical trials as a novel therapeutic agent for the treatment of glaucoma.

OpenGate Capital: Merak Rail HVAC Business Acquired From Knorr-Bremse

By Amit Chowdhry ● Aug 1, 2026

OpenGate Capital, a global private equity firm, has signed a definitive agreement to acquire Merak, the global rail HVAC business of Knorr-Bremse, a publicly listed German industrial company. Terms of the transaction were not disclosed.

Cadiz: $403.3 Million Northern Pipeline Construction Contracts Executed

By Amit Chowdhry ● Aug 1, 2026

Cadiz announced that its affiliate Fenner Gap Mutual Water Company has executed the principal construction contracts for the Northern Pipeline conversion project, following federal approval of the right-of-way grant for the pipeline. The agreements utilize a Construction Manager at Risk delivery model that establishes guaranteed maximum prices for the project's principal construction components, including pump stations and pipeline replacement.

Polar: $5.7 Million Seed Funding Raised To Build AI Browser That Does Real Work

By Amit Chowdhry ● Aug 1, 2026

Polar, the AI browser that automates the tedious parts of knowledge work, has raised $5.7 million in seed funding led by Madrona, with participation from angel investors including former GitHub CEO Thomas Dohmke and Modal founder Erik Bernhardsson.

Paducah: Brookfield And NextEra Energy Partner On $100 Billion Data Center Campus

By Amit Chowdhry ● Aug 1, 2026

A coalition of energy, infrastructure, and utility companies announced a strategic partnership to develop a data center campus at the US Department of Energy's Paducah Site in Western Kentucky. The $100 billion privately funded project repurposes land at the former enrichment site into a hub for innovation and energy generation.

Volara Motorsports Group: E-Garage Service Network Launched With Arcimoto Assets

By Amit Chowdhry ● Aug 1, 2026

Volara Motorsports Group, a holding company building a portfolio of enthusiast automotive and mobility brands, has launched E-Garage, a dedicated service and support network for electric mobility. The launch is enabled by Volara's acquisition of the assets of Arcimoto, and the first E-Garage location will open in Eugene, Oregon, Arcimoto's hometown and the heart of its owner community.

LIMPID: PetPeotalk Acquired To Power Kinfora AI Pet Healthcare Platform

By Amit Chowdhry ● Aug 1, 2026

LIMPID Corp., the AI pet healthcare company behind the Kinfora platform, has completed the acquisition of 100% of PetPeotalk, a vision-AI company specializing in pet behavior analysis, now a wholly owned subsidiary. PetPeotalk founder Ryan Kwon has joined LIMPID as Chief Technology Officer.

Marvell: $250 Million India Investment To Expand Bangalore Facility For AI Technology Development

By Amit Chowdhry ● Aug 1, 2026

Marvell Technology, a leader in data infrastructure semiconductor solutions, has announced plans to invest $250 million in India over the next three years to expand its capabilities across technology, talent, and infrastructure. The announcement coincides with a milestone event celebrating 20 years of innovation in India.

Growth2Success: Nurtureme Takes On America’s $900 Billion Trucking Labor Crisis

By Amit Chowdhry ● Aug 1, 2026

Growth2Success has signed a multiyear distribution agreement to place up to 10,000 workers per month across 30 enterprise nationwide trucking carriers using Nurtureme, its AI-powered recruiting platform. The deal targets a persistent problem in the $900 billion trucking industry: getting qualified drivers and support staff into seats faster than they leave them.

Buildforce: $10 Million Series A Raised To Staff Electricians Nationally

By Amit Chowdhry ● Aug 1, 2026

Buildforce, the largest tech-enabled electrician staffing business in the US, has raised $10 million in Series A funding led by Saepio Capital, with participation from new investor Blue Heron Capital and existing investors including Revolution's Rise of the Rest Seed Fund, S3 Ventures, and Chicago Ventures. The new capital will be used to fuel continued national expansion and further develop its technology serving both electricians and electrical contractors.