Archives

Polyconcept North America Appoints Josh Militello As CEO

By Amit Chowdhry ● Today at 2:49 PM

Polyconcept North America announced the appointment of Josh Militello as Chief Executive Officer. The appointment follows a comprehensive search, and Militello will officially assume the role on July 13, 2026.

National Grid Ventures To Invest $1.75 Billion In Joulent To Power U.S. Data Centers And AI

By Amit Chowdhry ● Today at 2:42 PM

National Grid Ventures announced that it has agreed to invest $1.75 billion for a 35% stake in Joulent. The deal forms a strategic partnership focused on developing contracted power and electrical infrastructure solutions for large-load demand in the U.S.

Pediatrica Health Group Raises $28 Million Series B

By Amit Chowdhry ● Today at 2:34 PM

Pediatrica Health Group announced the closing of a $28 million Series B funding round. The round was led by Valspring Capital, with participation from existing investor M33 Growth.

Cyllene Therapeutics Raises €33 Million Series C

By Amit Chowdhry ● Today at 2:24 PM

Cyllene Therapeutics announced the closing of a €33 million Series C financing round. The company was formerly known as EG 427 and rebranded to Cyllene Therapeutics alongside the financing. The round was co-led by GordonMD Global Investments and Merck Ventures, an affiliate of Merck KGaA, Darmstadt, Germany. T. Andera Partners, Bpifrance Investissement through its InnoBio 3 Fund, and Lamond Ventures also participated.

Agave Raises $15 Million Series A To Bring AI To Construction Financials

By Amit Chowdhry ● Today at 2:17 PM

Agave announced that it has raised $15 million in Series A funding. The round was led by Accel, which also led Agave’s seed round, with continued participation from Y Combinator.

Keel Infrastructure Appoints Ganesh Aiyer As President

By Amit Chowdhry ● Today at 2:11 PM

Keel Infrastructure announced the appointment of Ganesh Aiyer as President. Aiyer will report to CEO Ben Gagnon and lead the company’s commercial and pipeline expansion activities.

Boris FX Acquires iZotope

By Amit Chowdhry ● Today at 2:09 PM

Boris FX announced the acquisition of iZotope, an audio production technology company known for intelligent audio tools including RX, Ozone, Neutron, and Nectar. The deal positions Boris FX as a broader provider of professional tools across audio and video post-production.

IQM Quantum Computers Acquires Quantistry Assets

By Amit Chowdhry ● Today at 2:06 PM

IQM Quantum Computers announced that it has acquired selected assets of Quantistry GmbH. Quantistry is a Berlin-based developer of a cloud-native simulation workflow platform for automotive, aerospace, chemical, materials, and pharmaceutical industries.

HIVE Raises $15 Million Seed To Build Physical AI Platform For Industrial Machines

By Amit Chowdhry ● Today at 2:01 PM

HIVE announced that it has raised $15 million in seed funding. The round was led by SuperSeed, with participation from Veriten, Skyfall, and Nysnø. Angel investors in the round include Børge Hald, founder of Medallia, and Jørn Lyseggen, founder of Meltwater. The company described the financing as one of Europe’s largest seed investments in Physical AI.

ARC Intelligence Raises €4 Million In Seed Funding

By Amit Chowdhry ● Today at 1:58 PM

ARC Intelligence announced that it has secured €4 million in seed funding. The company is building an AI-native Finance OS for ERP-heavy businesses.

Z Squared Raises Approximately $15.3 Million To Advance AI Infrastructure Strategy

By Amit Chowdhry ● Today at 1:50 PM

Z Squared announced that it has raised approximately $15.3 million in capital through equity sales under its standby equity purchase agreement. The company incurred no new debt in connection with the financing and said it continues to maintain virtually no corporate debt.

Synamedia Appoints Dr. Tzvi Gerstl As CEO

By Amit Chowdhry ● Today at 1:47 PM

Synamedia announced the appointment of Dr. Tzvi Gerstl as Chief Executive Officer. Paul Segre, who served as CEO for the past six years, will transition to Executive Chairman.

apg Solutions Appoints Wade Reitmeier And Bart Hoemann To Leadership Roles

By Amit Chowdhry ● Today at 1:45 PM

apg Solutions announced two leadership appointments intended to strengthen its global leadership team. The appointments support the company’s efforts to accelerate innovation, improve operational excellence, and drive long-term growth.

Colt DCS Appoints David Burton As Chief Information Officer

By Amit Chowdhry ● Today at 1:42 PM

Colt Data Centre Services announced the appointment of David Burton as Chief Information Officer. Colt DCS is a global provider of AI-ready, hyperscale, and large enterprise data centers.

OLX Group Appoints Andrew Garrihy As Chief Marketing Officer

By Amit Chowdhry ● Today at 1:38 PM

OLX Group announced the appointment of Andrew Garrihy as Chief Marketing Officer. He joined the company’s Executive Team and reports to CEO Christian Gisy, effective July 1, 2026.

Microsoft Xbox CEO Asha Sharma Announces Major Restructuring

By Amit Chowdhry ● Today at 1:35 PM

Xbox CEO Asha Sharma announced what she described as the most significant restructuring in Xbox history. In a message to employees, Sharma said the company plans to reduce its team by approximately 3,200 roles throughout FY27.

xAI Rebrands As SpaceXAI

By Amit Chowdhry ● Today at 1:30 PM

SpaceXAI announced a brief rebrand message on X, posting: “We are now @SpaceXAI.” The short update signals the next step in the public identity shift following SpaceX’s earlier acquisition of xAI. The update also included a new logo.

Why EQT Is Acquiring Orikan

By Amit Chowdhry ● Today at 1:16 PM

EQT announced that BPEA EQT Mid-Market Growth Partnership has agreed to acquire Orikan. The transaction is subject to customary conditions and approvals.

Clarivate Selling Life Sciences & Healthcare Segment To Altaris For $600 Million

By Amit Chowdhry ● Today at 1:13 PM

Clarivate announced a definitive agreement to divest its Life Sciences & Healthcare segment to Altaris for $600 million. Altaris is an investment firm focused exclusively on acquiring and building companies in the healthcare industry.

Control Devices Acquires Solenoid Solutions

By Amit Chowdhry ● Today at 12:27 PM

Control Devices, a portfolio company of HBM Holdings, announced the acquisition of Solenoid Solutions. The terms of the transaction were not disclosed.

Expeditions Closes €197 Million Fund II To Back European Security Technologies

By Amit Chowdhry ● Today at 12:25 PM

Expeditions announced the final close of its second fund at €197 million. The fund will invest in technologies and founders shaping the future of European defense, security, and sovereignty.

LPL Financial: $170 Million Firm Haskin Private Wealth Advisors Joins Independent Advisor Network

By Amit Chowdhry ● Today at 12:05 PM

Proxima Fusion Raises €411 Million At €2.4 Billion Valuation

By Amit Chowdhry ● Today at 12:02 PM

Proxima Fusion announced a €411 million ($468 million) financing round. The round brings the company’s valuation to €2.4 billion ($2.7 billion) and establishes Proxima Fusion as the best-funded fusion company in Europe.

The AmeriFlex Group Adds More Than $1.7 Billion In Client Assets In First Half Of 2026

By Amit Chowdhry ● Today at 11:58 AM

The AmeriFlex Group announced that it welcomed 18 advisors representing more than $1.7 billion in total client assets to its platform during the first half of 2026. The firm is an advisor-owned hybrid RIA known for its planning-first approach and succession solutions.

LPL Financial Onboards $380 Million Advisor David Logsdon

By Amit Chowdhry ● Today at 11:42 AM

LPL Financial announced that David Logsdon has joined the firm’s broker-dealer and Registered Investment Advisor platform. Logsdon reported serving approximately $380 million in advisory, brokerage, and retirement plan assets. Logsdon joins LPL from Wells Fargo Advisors. He is based in the Sun Valley, Idaho area and is the founder of Summit Ridge Financial Advisors.

Choreo Acquires Assets Of $700 Million Firm Resource Financial Group

By Amit Chowdhry ● Today at 11:24 AM

Choreo announced that it acquired substantially all the assets of Resource Financial Group. RFG is a Wilmette, Illinois-based registered investment adviser with approximately $700 million in assets under management as of April 30, 2026.

Carson Group Acquired $201 Million Firm FFR Wealth Team

By Amit Chowdhry ● Today at 11:19 AM

Carson Group announced the acquisition of FFR Wealth Team, which has transitioned into an integrated Carson Wealth office. The Covington, Kentucky-based team serves approximately $201 million in assets under management.

inKind: Liberty Mutual Investments Commits $320 Million To Support Restaurant Growth

By Amit Chowdhry ● Today at 11:17 AM

Liberty Mutual Investments announced a strategic financing partnership with inKind, a restaurant commerce enablement platform and technology company. LMI provided more than $320 million in financing, serving as both a senior and mezzanine lender.

Beeline Medicines Raises $426.3 Million Series A To Advance Autoimmune And Inflammatory Disease Portfolio

By Amit Chowdhry ● Today at 11:13 AM

Beeline Medicines announced the closing of a $126.3 million Series A extension. The new funding brings the company’s total Series A financing round to $426.3 million. The extension adds to Beeline Medicines’ previously announced $300 million Series A financing. The funding came from existing shareholders and investors, including Bain Capital, Canada Pension Plan Investment Board, Bristol Myers Squibb, and certain members of the company’s management team.

Arato Raises $10 Million Seed Round To Improve AI Quality Assurance

By Amit Chowdhry ● Today at 11:10 AM

Arato announced that it has raised a $10 million seed round. The round was led by TLV Partners. Jibe Ventures also participated in the financing. Additional backers included a16z’s Raghu Raghuram, the former CEO of VMware, and Marianna Tessel, the former CTO of Intuit.