Archives

Devplan Raises $2.5 Million Seed Round To Build Product Intelligence Platform For Software Teams

By Amit Chowdhry ● Jun 21, 2026

Devplan announced its launch and the closing of $2.5 million in seed funding. The round was led by AI2 Incubator and Acequia Capital, with participation from Mighty Capital, Grand Ventures, and eLab Ventures.

Cargofy Raises $6 Million Series A To Build Digital Employees For Logistics

By Amit Chowdhry ● Jun 21, 2026

Cargofy announced that it has raised $6 million in Series A funding. The round was led by u.ventures, Toloka.vc, and Movens Capital. Des Traynor, co-founder of Intercom and Fin, also participated in the round.

Amplio Spine Acquires KeyLift Expandable Interlaminar Stabilization System From FloSpine

By Amit Chowdhry ● Jun 21, 2026

Amplio Spine announced that it has completed the asset acquisition of the KeyLift Expandable Interlaminar Stabilization System from FloSpine. The deal includes the full intellectual property portfolio, FDA 510(k) clearance, finished inventory, and established distributor relationships tied to KeyLift. Financial terms were not disclosed.

Robo.ai To Acquire QC Capital In $60 Million Stock Deal

By Amit Chowdhry ● Jun 21, 2026

Robo.ai announced that it has entered into an agreement to acquire 100% of the equity interests of QC Capital Limited.

EBI Acquires Xstim To Expand Bone Growth Stimulation Portfolio

By Amit Chowdhry ● Jun 21, 2026

EBI announced that it has acquired Xstim, a division of Precision Medical Products focused on developing next-generation bone growth stimulation solutions.

Verse Raises $54 Million Series B To Accelerate Power Access For AI Data Centers

By Amit Chowdhry ● Jun 21, 2026

Verse announced that it has raised an oversubscribed $54 million Series B funding round. The round was led by Bessemer Venture Partners, with participation from GV, NVIDIA, Norrsken VC, and others.

CNTXT AI Raises $60 Million Series A To Deploy Sovereign AI Globally

By Amit Chowdhry ● Jun 21, 2026

CNTXT AI announced that it has closed a $60 million Series A funding round. The round was co-led by AI71, Abu Dhabi’s applied AI company focused on sovereign and domain-specialized AI, and BlueFive Capital, a global asset manager originating from the GCC.

Turbo Law Raises $3.8 Million Seed Round To Launch AI Platform For Complex Litigation

By Amit Chowdhry ● Jun 21, 2026

Turbo Law announced the launch of its platform and the closing of a $3.8 million seed funding round. The round was led by Revo Capital, with participation from Treeo VC, BridgeX Ventures, Alchemist Accelerator, John E. Hall, Jr., Gokul Rajaram, Keith Kitani, and a group of technology and litigation partners.

Karta Raises $140 Million To Bring U.S. Credit Cards To Global Travelers

By Amit Chowdhry ● Jun 21, 2026

Karta announced that it has raised $140 million in new financing, including a $15 million Series A round and a $125 million credit facility. The Series A round was led by Galaxy Ventures, with participation from Illuminate, Canary, Clocktower Ventures, and other investors. The $125 million debt facility was provided by Community Investment Management.

Mubadala Invests $200 Million In Greenlink Interconnector Alongside Equitix

By Amit Chowdhry ● Jun 21, 2026

Equitix announced that Mubadala has invested $200 million in Greenlink Interconnector Limited alongside Equitix.

Gradial Raises $65 Million Series C To Build Enterprise Marketing AI Platform

By Amit Chowdhry ● Jun 21, 2026

Gradial announced that it has raised $65 million in Series C funding to build what it describes as the first system of work for enterprise marketing. The round was led by Insight Partners, alongside VMG, Madrona, and PruVen. Gradial said it has now raised more than $110 million over the past 16 months.

Penske Media To Acquire More Vox Brands, Including The Verge, Eater, And SB Nation

By Amit Chowdhry ● Jun 21, 2026

Penske Media Corporation announced that it has agreed to acquire several Vox Media brands, including Eater, The Verge, SB Nation, Popsugar, The Dodo, Punch, and Thrillist.

Energy Fuels Receives Conditional $725 Million Financing Commitment From U.S. Government

By Amit Chowdhry ● Jun 21, 2026

Energy Fuels announced that it has received a conditional financing commitment for up to $725 million from the Department of War’s U.S. Office of Strategic Capital. The senior-secured debt financing is intended to support the expansion of Energy Fuels’ U.S. rare earths and critical materials production and processing capabilities.

Abarca Health And LucyRx Announce Strategic Combination To Create Modern Independent PBM

By Amit Chowdhry ● Jun 21, 2026

Abarca Health and LucyRx announced a strategic combination to create a modern independent pharmacy benefit manager designed to serve commercial and government clients at scale.

Premium Guard Completes Phase 2 Acquisition Of First Brands Group Assets

By Amit Chowdhry ● Jun 21, 2026

Premium Guard announced that it has completed Phase 2 of its acquisition of key assets from First Brands Group.

Moeris Acquires Stay Safe Traffic Control

By Amit Chowdhry ● Jun 21, 2026

Moeris announced that it has acquired Stay Safe Traffic Control, a provider of work zone safety and traffic control services based in Raleigh, North Carolina.

Silver Point Leads $500 Million Term Loan Financing Supporting REPAY’s Acquisition Of KUBRA

By Amit Chowdhry ● Jun 21, 2026

Silver Point Capital announced that its Direct Lending business led a $500 million term loan financing in connection with REPAY’s acquisition of KUBRA. Silver Point is serving as the documentation agent in the transaction.

EQT To Acquire Satellite Deployment Technology Company Exolaunch

By Amit Chowdhry ● Jun 20, 2026

EQT anounced that EQT X has entered into a definitive agreement to acquire Exolaunch, a global leader in mission management, satellite integration, and deployment technologies, from founder Dmitriy Sternharz. Based in Germany, Exolaunch provides mission management, satellite integration, and deployment technologies for satellite operators globally.

Intel Appoints Seok-Hee Lee As Executive Vice President Of Intel Foundry

By Amit Chowdhry ● Jun 20, 2026

Intel announced that Seok-Hee Lee has been appointed Executive Vice President of Intel Foundry. Lee will report directly to Intel CEO Lip-Bu Tan. In this role, he will lead advanced packaging, system integration, back-end technology development, and back-end manufacturing.

Dream Raises $260 Million At $3 Billion Valuation For Sovereign AI Platform

By Amit Chowdhry ● Jun 20, 2026

Dream announced that it has raised $260 million in funding to expand its sovereign AI and cyber defense platforms for governments and critical infrastructure. The round was co-led by Bicycle Capital and Group 11, with participation from Antler, Bain Capital Ventures, Tru Arrow Partners, and other global investors. The financing values Dream at $3 billion, three years after the company was founded.

Elanco To Launch $25 Million Corporate Venture Capital Platform

By Amit Chowdhry ● Jun 20, 2026

Elanco Animal Health announced plans to establish Elanco Ventures, a corporate venture capital platform focused on innovation in animal health. And Elanco Ventures will be backed by a $25 million multi-year commitment and is expected to launch in late 2026.

Ilitch Companies Forms Ilitch Gaming Platform And Announces Casino Resort Deals

By Amit Chowdhry ● Jun 20, 2026

Ilitch Companies announced the formation of Ilitch Gaming, a unified gaming, hospitality, and entertainment platform that will oversee the organization’s gaming-related businesses and support future growth initiatives. The formation and operation of Ilitch Gaming remain subject to regulatory approvals.

Memento Medicines Raises $93 Million Series A For Retinal Disease Therapy

By Amit Chowdhry ● Jun 20, 2026

Memento Medicines announced the completion of a $93 million Series A financing round to advance MMT-205, its lead biologic therapy for retinal diseases. The round was co-led by Forbion, RA Capital Management, and Avego BioScience Capital, with participation from Sanofi Ventures and Samsara BioCapital.

Reign Maker Group Acquires Majority Stake In Hyphen HQ

By Amit Chowdhry ● Jun 20, 2026

Hyphen HQ announced that Reign Maker Group has acquired a majority stake in the company. Hyphen is a talent management company focused on creator representation through shared ownership. Reign Maker Group is a creator economy holding company co-founded by Jonathan Chanti and Brad Morris. Financial terms of the transaction were not disclosed.

Cuprum Metals Raises $19.4 Million To Scale Copper Extraction Technology

By Amit Chowdhry ● Jun 20, 2026

BlueConic Acquires Blueshift To Combine Real-Time Customer Data And AI Decisioning

By Amit Chowdhry ● Jun 20, 2026

BlueConic announced that it has acquired Blueshift, an AI-powered cross-channel marketing platform. Financial terms of the transaction were not disclosed.

Channel Robotics Raises $4.6 Million For Handheld Endoscopic Robotics Platform

By Amit Chowdhry ● Jun 20, 2026

Channel Robotics announced that it has raised $4.6 million in total funding to advance its handheld AI-enabled endoscopic robotic platform.

DLA Piper Appoints Jennifer McCarthy As Senior Consultant In Ireland

By Amit Chowdhry ● Jun 20, 2026

DLA Piper announced that it has appointed Jennifer McCarthy as Senior Consultant in the firm’s Corporate Insurance practice in Ireland. McCarthy will focus on insurance regulatory and transaction matters.

Skadden Hires Investment Funds Trio In Abu Dhabi And Washington, D.C.

By Amit Chowdhry ● Jun 20, 2026

Skadden announced that Robert Griffin, Kapil Vishnu Pandit, and Skye Smith have joined the firm as partners in its Investment Management Group. Griffin and Smith will be based in Skadden’s office in Abu Dhabi’s ADGM, while Pandit will be based in the firm’s Washington, D.C. office.

Orrick Expands Structured Finance Team With Four Partner Hires

By Amit Chowdhry ● Jun 20, 2026

Orrick announced that it is adding four partners to its Structured Finance practice as the firm continues expanding its transatlantic platform. The new partners include Victor Liang in New York, Brittany Fox in Austin, and John Paul Igoe in Charlotte. Polly O’Brien will also join the firm in London.