Archives

Alchemab Raises £25 Million Extension to Series A to Advance AI-Driven Antibody Pipeline

By Amit Chowdhry ● Jul 9, 2026

Clinical-stage biotechnology company Alchemab Therapeutics announced a £25 million (approximately $34 million) extension to its Series A financing from the British Business Bank. The investment marks the largest life sciences investment made by the British Business Bank to date and increases Alchemab’s total Series A funding to £109 million.

Ollama Raises $65 Million In Series B Funding To Expand Its Open-Source AI Platform

By Amit Chowdhry ● Jul 9, 2026

Ollama, the developer platform for open AI models, announced that it has raised $65 million in Series B funding led by Theory Ventures, with participation from Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund, and other investors and angel backers. The latest financing brings the company’s total funding to $88 million. Benchmark previously led Ollama’s Series A round, and Benchmark General Partner Peter Fenton serves on the company’s board.

I Squared Capital To Acquire Milestone Environmental From SK Capital

By Amit Chowdhry ● Jul 9, 2026

I Squared Capital announced it has entered into a definitive agreement to acquire Milestone Environmental, a leading independent environmental infrastructure company specializing in waste management solutions for the energy and industrial sectors, from SK Capital Partners. Financial terms of the transaction were not disclosed.

Gryphon Strategies Expands Investment Intelligence Capabilities With BIA Team Addition

By Amit Chowdhry ● Jul 9, 2026

Gryphon Strategies, a global provider of due diligence, investigations, and business intelligence services, announced the addition of Business Intelligence Advisors’ (BIA) Investment Intelligence team. The move expands Gryphon’s Business Intelligence practice by adding specialized human intelligence capabilities that complement its global investigative platform.

Lumen Completes Alkira Acquisition To Expand AI-Era Networking Platform

By Amit Chowdhry ● Jul 9, 2026

Lumen Technologies announced it has completed its acquisition of Alkira, an on-demand networking platform that enables enterprises to connect clouds, sites, partners, and AI workloads through a unified software platform. The deal combines Alkira’s cloud-native networking technology with Lumen’s fiber infrastructure and programmable network to simplify enterprise networking across cloud, hybrid, and AI environments.

Principal To Acquire Beam Benefits, Expanding Employee Benefits Platform For Small Businesses

By Amit Chowdhry ● Jul 9, 2026

Principal Financial Group announced an agreement to acquire Beam Benefits, a digitally native employee benefits company serving more than 25,000 small businesses. The acquisition is designed to strengthen Principal’s position in the small and midsized business (SMB) market by expanding its specialty benefits offerings and enhancing its technology capabilities.

Endeavor’s SOVA Acquires Unified Connection To Expand Verizon Enterprise Connectivity Platform

By Amit Chowdhry ● Jul 9, 2026

Endeavor Managed Services and its wholly owned subsidiary SOVA have acquired Royal Capital LLC, doing business as Unified Connection (UCX), the largest Verizon-exclusive enterprise business agent and contact center partner in the United States. Financial terms of the transaction were not disclosed.

CleanCore Solutions Closes First AI Data Center Project With 200 MW West Texas Campus

By Amit Chowdhry ● Jul 9, 2026

CleanCore Solutions announced it has completed the acquisition of its first AI infrastructure project through a partnership with HST Technologies, marking the company's entry into the data center market as it pivots toward supporting the growing AI economy.

Otovo Closes $7.25 Million Financing Round To Fund Green Panel Acquisition And Global Expansion

By Amit Chowdhry ● Jul 9, 2026

Otovo announced it has closed a $7.25 million private placement financing round, bringing the company's total capital raised over the past nine months to approximately $34 million. The new funding will primarily support Otovo's planned acquisition of Green Panel Solar Energy Systems Ltd., a leading behind-the-meter energy services provider in Israel, while also funding continued investments in the company's AI-powered energy platform.

Databento Raises $97 Million Series B To Expand Global Market Data Infrastructure

By Amit Chowdhry ● Jul 9, 2026

Databento, a market data platform for financial institutions, announced it has raised $97 million in Series B funding in a round led by New Enterprise Associates (NEA), with participation from DRW Venture Capital, Redpoint Ventures, Tribe Capital, and other strategic and existing investors. The financing was significantly oversubscribed, attracting more than $300 million in investor demand.

MITS Capital Invests In Dropla Tech To Scale Edge-AI Defense Systems And Unmanned Ground Vehicles

By Amit Chowdhry ● Jul 9, 2026

MITS Capital announced an investment in Dropla Tech, a Danish-Ukrainian defense technology company developing edge-AI explosive threat detection systems and unmanned ground vehicles (UGVs). Financial terms of the investment, including the company's valuation, were not disclosed.

QIZ Security Raises $17 Million Seed Round To Advance Post-Quantum Cybersecurity Platform

By Amit Chowdhry ● Jul 9, 2026

QIZ Security announced it has raised $17 million in seed funding to accelerate the development and expansion of its cryptographic posture and Post-Quantum Cryptography (PQC) management platform. The round was led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital.

Tarsus Acquires iRenix Medical To Expand Eye Care Pipeline With Late-Stage IRX-101

By Amit Chowdhry ● Jul 9, 2026

Tarsus Pharmaceuticals announced it has acquired clinical-stage ophthalmic biotechnology company iRenix Medical, adding late-stage investigational therapy IRX-101 to its eye care pipeline. The deal strengthens Tarsus’ presence in retinal disease while expanding beyond its commercial product XDEMVY into therapies designed to improve the patient experience during vision-preserving procedures.

Marex Acquiring Bright Point International To Expand Its Asia-Pacific Clearing Business

By Amit Chowdhry ● Jul 9, 2026

Marex Group announced it has agreed to acquire Bright Point International (BPI), a Singapore-based clearing business, in a move designed to strengthen its presence across the Asia-Pacific region and expand client access to Chinese financial markets.

Roadzen To Acquire European Car Rental Insurance MGA In $15 Million Deal

By Amit Chowdhry ● Jul 9, 2026

Roadzen announced it has signed a definitive agreement to acquire a leading technology-driven European managing general agent (MGA) specializing in short-term car rental insurance. The transaction is valued at approximately $15 million and is expected to strengthen Roadzen's AI-powered insurance platform while expanding its presence in the European mobility insurance market.

Aspire Wealth Advisory: Former Citi Executive Edward Karan Launches Firm With Over $100 Million In AUM

By Amit Chowdhry ● Jul 9, 2026

Aspire Wealth Advisory Group, a newly launched registered investment adviser (RIA), has officially debuted with more than $100 million in assets under management (AUM), targeting high-net-worth individuals and families seeking institutional-quality wealth management delivered through a boutique advisory model.

Prairie Wealth Advisors Names Mike Finnegan As Chief Investment Officer

By Amit Chowdhry ● Jul 9, 2026

Prairie Wealth Advisors announced it has appointed Mike Finnegan, CFA, as chief investment officer (CIO), adding more than three decades of investment leadership experience as the registered investment advisor continues to expand its investment platform. Based in Omaha, Finnegan will help shape the firm’s investment philosophy, oversee portfolio strategy, and enhance manager research and due diligence.

NAVER D2SF Invests in 23i to Advance Virtual Entertainment

By Amit Chowdhry ● Jul 9, 2026

NAVER’s venture arm D2SF has invested in 23i, a South Korea–based virtual entertainment startup focused on building multi-persona digital artists and scalable fan experiences.

Nium Acquires Cypher to Expand Fiat-to-On-Chain Infrastructure

By Amit Chowdhry ● Jul 9, 2026

Nium has acquired Cypher, a crypto-native non-custodial wallet and card issuing company, to strengthen its role as core infrastructure bridging fiat money and digital assets across global payment networks.

Seabury Capital Management Announces $2.5 Billion Commitment By The Al Mazroui Group

By Amit Chowdhry ● Jul 9, 2026

Seabury Capital Management announced a major milestone for its MBV Investments LP fund, securing $3.0 billion in initial commitments toward a $10 billion target. The anchor investment comes from the Al Mazroui Group, which committed $2.5 billion, alongside a $500 million gemstone-backed contribution from Senglea Capital, the fund’s Special Limited Partner.

CyberNut Acquires Neptune Navigate To Expand K-12 Student Digital Citizenship And Safety Platform

By Amit Chowdhry ● Jul 9, 2026

CyberNut, a cybersecurity awareness platform focused exclusively on K-12 school districts, has acquired Neptune Navigate, a widely used digital citizenship curriculum provider. The move strengthens CyberNut’s ability to address student online safety alongside its existing staff-focused cybersecurity training, reflecting a broader push among school districts to adopt unified solutions that protect entire school communities.

Airties To Acquire Aprecomm To Expand AI Connectivity Platform And Accelerate Growth In Emerging Markets

By Amit Chowdhry ● Jul 9, 2026

Airties announced it has signed a definitive agreement to acquire Aprecomm, an AI-driven broadband connectivity software company, to strengthen its Connectivity Experience Management platform and expand its presence in high-growth broadband markets, including India, South Asia, Southeast Asia, South America, and other developing regions. Financial terms of the transaction were not disclosed.

Overbay Capital Partners Completes Strategic Investment From Charlesbank Capital Partners

By Amit Chowdhry ● Jul 9, 2026

Overbay Capital Partners announced it has completed a previously announced strategic growth investment from Charlesbank Capital Partners after receiving the necessary regulatory approvals. The transaction, which was first revealed in March 2026, provides Overbay with additional capital to support its next phase of expansion while allowing the firm's leadership team to retain control over all investment decisions. Financial terms of the investment were not disclosed.

GIM Raises $20 Million Series A To Advance Agentic AI Investing Platform

By Amit Chowdhry ● Jul 9, 2026

GIM (Grace Investment Machine) announced it has raised $20 million in Series A funding to accelerate development of its AI-native investment technology platform focused on autonomous, agentic investing systems.

VENU Secures $150 Million C-PACE Financing to Complete Two New Amphitheaters

By Amit Chowdhry ● Jul 9, 2026

Venu Holding announced that it has identified more than $150 million in Commercial Property Assessed Clean Energy (C-PACE) financing to complete construction of two new amphitheaters. The non-dilutive financing was arranged by CBRE Group and is expected to close in the coming weeks, subject to customary closing conditions.

65 Equity Partners Invests In Theop To Support European Expansion And M&A Growth

By Amit Chowdhry ● Jul 9, 2026

65 Equity Partners announced a partnership investment in Theop, an independent provider of real estate client representation services in France and across Europe. As part of the transaction, Theop's founders, Julien Palengat and Sébastien Alphand, will remain the company's largest shareholders alongside management, while existing investor Florac is reinvesting to support the next phase of growth. Financial terms of the investment were not disclosed.

F.L.Putnam Acquires Seascape Capital To Expand New Hampshire Wealth Management Presence

By Amit Chowdhry ● Jul 9, 2026

F.L.Putnam Investment Management Company (FLP) announced that it has acquired Seascape Capital Management, an independent registered investment adviser based in Portsmouth, New Hampshire, as part of its strategy to expand its presence across the Northeast.

QuantumDiamonds Raises €91 Million To Scale Quantum Chip Inspection Technology

By Amit Chowdhry ● Jul 9, 2026

QuantumDiamonds, a Munich-based semiconductor equipment company developing quantum-based chip inspection technology, announced it has raised €91 million to expand production of its next-generation semiconductor inspection systems. The financing includes a €15 million equity round led by World Fund and €76 million in non-dilutive funding approved under the European Chips Act.

Pixel-Flo Raises £5.25 Million Seed Round To Scale MicroLED Manufacturing Technology

By Amit Chowdhry ● Jul 9, 2026

Pixel-Flo, a University of Sheffield spin-out developing technology to address a major manufacturing bottleneck for MicroLED displays, announced it has raised £5.25 million in Seed funding. The oversubscribed round was led by Northern Gritstone, with participation from SCVC, Parkwalk’s Northern Universities Venture Fund, and HTGF (High-Tech Gründerfonds).

Kraken Technology Group Raises $175 Million Series B At $1 Billion Valuation

By Amit Chowdhry ● Jul 9, 2026

British maritime defense technology company Kraken Technology Group announced it has raised $175 million in Series B funding at a $1 billion valuation to accelerate development of its uncrewed surface vessels (USVs), expand payload capabilities, and scale localized manufacturing operations worldwide.