Archives

Fanatics To Acquire Exchange And Clearinghouse From BGC

By Amit Chowdhry ● Jul 31, 2026

Fanatics has agreed to acquire Water Street Labs and CX Clearinghouse L.P. from BGC Group. Water Street Labs is a Commodity Futures Trading Commission registered Designated Contract Market. CX Clearinghouse is a CFTC registered Derivatives Clearing Organization.

Binance bStocks Reaches $500 Million In AUM As A New Generation Of Investors Turns To Tokenized Stocks

By Amit Chowdhry ● Jul 31, 2026

Binance announced that bStocks, its tokenized securities offering, has surpassed $500 million in assets under management. The milestone came seven weeks after launch. The product went live June 11, 2026, and has expanded from five tickers to more than 46 listings.

LemonEdge Raises $21 Million Series A Funding Round To Modernize Private Markets Infrastructure

By Amit Chowdhry ● Jul 31, 2026

LemonEdge, a fund accounting platform built for private markets, has completed a $21 million Series A investment round. Blackstone Innovations Investments led the round. BNY joined, along with participation from existing investor Sidekick Partners, bringing LemonEdge's total funding to more than $30 million.

ZuriQ Raises $25.5 Million To Scale New Groundbreaking 2D Quantum Architecture

By Amit Chowdhry ● Jul 31, 2026

ZuriQ, a Swiss quantum computing company spun out of ETH Zürich, has raised $25.5 million in seed funding. The round was announced July 28, 2026. It builds on the company's $4.2 million pre-seed round in 2025 and is led by Quantonation, with participation from Forward.one, Extantia, Firgun Ventures, and all previous round investors.

Orange And Morrison Announce Plans To Create A Data Center JV To Strengthen Europe’s Digital Sovereignty

By Amit Chowdhry ● Jul 31, 2026

Orange and global infrastructure investor Morrison have entered into an exclusivity agreement to create a jointly controlled data centre company in France. The announcement came July 27, 2026. The 50/50 joint venture targets capacity of 400 MW, nearly ten times Orange's current capacity, supported by a €3 billion investment.

Kirkland: Leading Debt Finance Lawyer Kelsey Baumberger Joins

By Amit Chowdhry ● Jul 31, 2026

Kirkland & Ellis has announced that Kelsey Baumberger has joined the firm as a partner in its Debt Finance Practice Group. Baumberger brings experience structuring sophisticated financing arrangements, including asset-backed securities and other tailored capital solutions.

Doctronic Expands Into Pediatrics, Accelerating Its Vision For An AI-Native Primary Care Platform For The Entire Family

By Amit Chowdhry ● Jul 31, 2026

Doctronic has announced its expansion into pediatric primary care through the acquisition of Summer Health, a platform for virtual, text-based pediatric care.

Apple Reports Revenue Is Up 16% To $109.4 Billion For Q3 2026

By Amit Chowdhry ● Jul 31, 2026

This week, Apple has announced its financial results for its fiscal 2026 third quarter ended June 27, 2026. The company posted quarterly revenue of $109.4 billion, up 16 percent year over year. iPhone, Mac, and Services revenue set new June quarter records, along with total company revenue and earnings per share.

Amazon Reveals Net Sales Up 20% To $200.6 Billion For Q2 2026

By Amit Chowdhry ● Jul 31, 2026

Amazon.com announced financial results for its second quarter ended June 30, 2026. Net sales increased 20% to $200.6 billion, compared with $167.7 billion in the second quarter of 2025. Operating income increased to $27.5 billion, up 43% year-over-year.

Tiptree Reveals Book Value Of $907 Million And Acquisition Of Universal Shield Insurance Group For $100 Million

By Amit Chowdhry ● Jul 31, 2026

Tiptree has announced its financial results for the three and six months ended June 30, 2026. The company also announced a definitive agreement to acquire Universal Shield Insurance Group, a specialty property and casualty insurer operating in admitted and excess and surplus markets, for cash consideration of $100 million.

Xsight Labs Raises More Than $300 Million At $2.8 Billion Valuation To Power Next-Generation AI And Cloud Networks

By Amit Chowdhry ● Jul 31, 2026

Xsight Labs, a fabless semiconductor company providing connectivity solutions for hyperscale, edge, and AI data center networks, has closed a $300 million-plus funding round. The round establishes a $2.8 billion post-money valuation. Fidelity Management & Research Company led the round with participation from new and existing investors.

Dili Raises $21.7 Million From Khosla Ventures To Bring AI-Powered Assurance To America’s Infrastructure Boom

By Amit Chowdhry ● Jul 31, 2026

Dili, an AI-native compliance platform for the industries powering America's infrastructure buildout, has announced $21.7 million in total funding. This includes a $15 million Series A led by Khosla Ventures. Participants included Y Combinator's Garry Tan, Allianz, Brick and Mortar Ventures' Darren Bechtel, and Rebel Fund.

Oracle To Make Gemini Models Available To Thousands Of Enterprise Applications Customers

By Amit Chowdhry ● Jul 31, 2026

Oracle and Google Cloud have expanded their partnership to bring Google's Gemini models to Oracle's enterprise applications portfolio. Gemini models will be available in Oracle AI Agent Studio for Fusion Applications, a development platform for building and running AI automation and agentic applications.

LPL Welcomes $150 Million Advisors Frank Patton and Kimberlee Mott To Balmville Wealth Group

By Amit Chowdhry ● Jul 31, 2026

LPL Financial LLC has announced that advisors Frank Patton and Kimberlee Mott of PacK Financial have joined Balmville Wealth Group. The move came through LPL's broker-dealer and Registered Investment Advisor platforms. They reported serving approximately $150 million in advisory, brokerage, and retirement plan assets and join from Cetera.

Certerra RMA Group Acquires Testing Engineers, Expanding Northern California Presence

By Amit Chowdhry ● Jul 31, 2026

Certerra RMA Group has acquired Testing Engineers, a materials testing laboratory based in San Leandro, California. The deal was announced July 30, 2026. Testing Engineers has served the San Francisco Bay Area for nearly seven decades.

GoodLeap Launches Home Visa Signature Card With 6% Cash Back On Home Projects

By Amit Chowdhry ● Jul 31, 2026

GoodLeap has launched the GoodLeap Home Visa Signature Card, a card combining a home equity line of credit with credit card flexibility. The card was announced July 30, 2026. Homeowners can request an invitation to apply at goodleap.com/home-card.

IG Group Agrees To Acquire Underdog For Up To $1.3 Billion

By Amit Chowdhry ● Jul 31, 2026

IG Group Holdings has agreed to acquire Underdog, a leading US daily fantasy sports and prediction markets operator, for total consideration of up to approximately $1.3 billion. Upfront consideration is based on an enterprise value of approximately $1.1 billion, partly settled through the issuance of IG ordinary shares. An earnout of approximately $200 million is payable to Underdog's shareholders. Eligible Underdog employees will separately participate in a management incentive plan capped at $850 million, self-funded from Underdog's earnings. The maximum MIP payout requires Underdog to deliver EBITDA of at least $400 million in 2028 and $700 million in 2029.

Micross To Acquire AEMtec To Expand Advanced Packaging And Optoelectronics In Europe

By Amit Chowdhry ● Jul 30, 2026

Micross Components has entered into a definitive agreement to acquire AEMtec, a provider of advanced packaging, optoelectronics, test and electronic assembly services for high-reliability applications. Financial terms were not disclosed, and the transaction is expected to close in the second half of 2026 following customary regulatory approvals.

Chef Boyardee Launches High-Protein Canned Pasta With At Least 25 Grams Per Can

By Amit Chowdhry ● Jul 30, 2026

Chef Boyardee has introduced a high-protein canned pasta line designed to provide convenient and affordable meal options containing at least 25 grams of protein per can. The products are scheduled to become available nationwide beginning in August 2026.

Vivid Dx Raises $15 Million To Develop Rapid Blood-Based Infection Testing Platform

By Amit Chowdhry ● Jul 30, 2026

Vivid Dx has raised $15 million in seed financing to advance a diagnostic platform designed to identify infectious pathogens and evaluate antibiotic susceptibility directly from blood. The round was co-led by Oxford Science Enterprises and Cedars-Sinai Intellectual Property Co., with participation from Jameel Investment Management Company and other strategic investors. The company also appointed diagnostics executive Keith O'Neill as CEO.

PetIQ Acquires MYOS To Expand Pet Muscle Health And Mobility Portfolio

By Amit Chowdhry ● Jul 30, 2026

PetIQ has acquired MYOS Corp and its portfolio of Fortetropin-based animal muscle health products, adding consumer supplements and veterinarian-exclusive formulations to its pet health and wellness platform.

Red Oak And MirrorWeb Combine To Build End-To-End Financial Compliance Platform

By Amit Chowdhry ● Jul 30, 2026

Red Oak and MirrorWeb have entered into a definitive agreement to combine their compliance technology businesses into a single platform governing the creation, distribution, supervision and archiving of regulated financial communications. Financial terms and an expected closing date were not disclosed.

Axxiom Elevator Acquires Carolina Elevator Service To Enter The Carolinas And Georgia

By Amit Chowdhry ● Jul 30, 2026

Axxiom Elevator has acquired Carolina Elevator Service, a Columbia, South Carolina-based provider of commercial elevator maintenance, repair, modernization and installation services. The deal expands Axxiom into South Carolina, North Carolina and Georgia and represents the company's 13th acquisition since its founding.

GTIS Partners And GreyBrick Acquire 67-Unit The Wilson In San Francisco

By Amit Chowdhry ● Jul 30, 2026

GTIS Partners and GreyBrick Partners have acquired The Wilson, a 67-unit apartment property in San Francisco's South of Market neighborhood. The transaction represents the ninth acquisition by the companies' joint venture, which was established to acquire and reposition smaller multifamily properties in downtown San Francisco.

Fish Audio Raises $52 Million Seed Round To Expand Expressive Voice AI Platform

By Amit Chowdhry ● Jul 30, 2026

Fish Audio has raised $52 million in seed funding to expand its real-time text-to-speech, voice cloning and voice-agent platform. The round was led by Coreline Ventures and Capital Today, with participation from 359 Capital, Play Time, HF0, 645 Ventures, Parable, Carya Venture Partners, Alphalist Partners and angel investors.

Integrity Acquires Retirement Health Solutions To Expand Medicare, Life And Wealth Platform

By Amit Chowdhry ● Jul 30, 2026

Integrity has acquired Retirement Health Solutions, a Medicare-focused independent marketing organization based near Salt Lake City. Financial terms were not disclosed, and the acquired company will join Integrity's national insurance and retirement planning platform.

Unify Energy Solutions Secures Acquisition Capital To Expand Building Automation Platform

By Amit Chowdhry ● Jul 30, 2026

Unify Energy Solutions has secured a dedicated acquisition capital commitment to support strategic growth across the building automation, energy management and Internet of Things monitoring markets. Westlake Securities served as the company's exclusive financial advisor in arranging the commitment. The amount and identity of the capital provider were not disclosed.

NEST Expands Startup Education And Seed Funding For Underserved Georgia Students

By Amit Chowdhry ● Jul 30, 2026

NEST, which stands for New Entrepreneurs Shaping Tomorrow, is expanding access to business education, mentorship and startup capital for high school students across Georgia. The nonprofit focuses on students from low-income, immigrant and refugee families who may have limited access to entrepreneurship programs through their schools or personal networks.

Healia Launches With $18 Million To Reduce Healthcare Costs For Dual-Income Families

By Amit Chowdhry ● Jul 30, 2026

Healia has launched with $18 million in funding, including a $14 million Series A led by 111° West Capital. Y Combinator, First Round Capital, Pioneer Fund, GoAhead Ventures and North Coast Ventures also participated. The Columbus, Ohio-based company has enabled employers to provide approximately $33 million in additional healthcare coverage since its founding in 2021.

Array Labs Raises $21 Million To Develop Satellite Tracking Services With Mitsubishi Electric

By Amit Chowdhry ● Jul 30, 2026

Array Labs has raised $21 million in an oversubscribed strategic financing round anchored by Mitsubishi Electric. Existing investors Catapult Ventures, Kompas VC and Y Combinator also participated. The financing follows Array Labs' Series A round, which was announced in January 2026. The company did not disclose its total funding following the latest investment.