Archives

ASI Raises $325 Million Series C At $3 Billion Valuation For Critical Infrastructure AI

By Amit Chowdhry ● Oct 21, 2026

ASI has raised a $325 million Series C financing round at a $3 billion valuation to accelerate deployment of artificial intelligence systems used across transportation, defense, energy, logistics, and other critical infrastructure. Spark Capital led the round, with major participation from affiliates of Citadel Securities, Meritech Capital, Craft Ventures, Energy Impact Partners, and Andreessen Horowitz.

Trinity Acquires Verix To Add AI-Powered Commercial Intelligence To TrinityEDGE

By Amit Chowdhry ● Oct 21, 2026

Trinity has acquired Verix, the life sciences commercial intelligence company behind the patented Tovana platform, adding an AI execution layer to TrinityEDGE. Verix's full team is joining Trinity, and CEO Doron Aspitz will join Trinity's leadership team while continuing to guide the Tovana roadmap.

Inspired Capital Closes $450 Million Fund IV For Early-Stage Investments

By Amit Chowdhry ● Oct 21, 2026

Inspired Capital has closed a $450 million Fund IV, bringing the New York venture firm's total committed capital to more than $1.3 billion. The fund will continue Inspired's strategy of leading pre-seed, seed, and Series A investments in technology-driven companies across sectors including AI infrastructure, healthcare, defense, fintech, robotics, and consumer technology.

Platform Accounting Group Secures $355 Million Growth Financing Led By Treville Capital Group

By Amit Chowdhry ● Oct 21, 2026

Platform Accounting Group has secured $355 million in strategic growth financing led by Treville Capital Group to accelerate acquisitions, broaden service offerings, and invest in technology and talent across its national accounting and advisory platform.

Accenture, Dragos And SANS Commit $10 Million To Utility Cybersecurity Foundation

By Amit Chowdhry ● Oct 21, 2026

Accenture, Dragos, and the SANS Institute have launched the Community Cyber Resilience Foundation, an initiative designed to strengthen operational technology cybersecurity for under-resourced U.S. water, wastewater, electric, and natural gas utilities. The organizations are making an initial combined commitment of approximately $10 million in funding and services.

ACR Acquires Ultra Green Packaging To Expand Sustainable Foodservice Portfolio

By Amit Chowdhry ● Oct 21, 2026

ACR, also known as AmerCareRoyal, has acquired Ultra Green Packaging, expanding its portfolio of sustainable foodservice and retail packaging products. The transaction represents ACR's twelfth strategic add-on acquisition since partnering with Oridian Capital Partners.

Safi Silver Receives $3 Million Quarterly Payment From Horizon Under Kombat Mine Transaction

By Amit Chowdhry ● Oct 21, 2026

Safi Silver has received the third scheduled quarterly payment of $3 million from Horizon Corporation Limited under the previously announced sale of its interest in the Kombat Mine in Namibia. The payment adds another source of non-dilutive capital as the Canadian exploration company advances its silver and copper projects in Africa.

Blackwall Raises $100 Million Series C At $2.2 Billion Valuation To Scale Web Traffic Management Platform

By Amit Chowdhry ● Oct 21, 2026

Blackwall has raised $100 million in a Series C round at a $2.2 billion valuation to expand its web traffic management platform for hosting, cloud, and managed service providers. AVP led the financing, joining existing investors Dawn Capital, MMC Ventures, and Tera Ventures.

Endeavor Catalyst Expands Middle East Portfolio To 64 Companies With $76.6 Million Invested

By Amit Chowdhry ● Oct 21, 2026

Endeavor Catalyst has expanded its Middle East portfolio to 64 companies across six markets, with $76.6 million invested in the region, up 22 times from $3.5 million a decade ago. The regional growth follows the final close of Endeavor Catalyst Fund V, an oversubscribed $320 million fund that increased the firm's total assets under management to more than $850 million.

Abbott To Spin Off $8.5 Billion Nutrition Business Into Independent Public Company By End Of 2027

By Amit Chowdhry ● Oct 21, 2026

Abbott, a global healthcare company, announced plans to separate its Nutrition business into an independent, publicly traded company with approximately $8.5 billion in annual sales. The proposed transaction will establish a standalone nutrition company while allowing Abbott to concentrate on its higher-growth medical devices, diagnostics, biowearables, and established pharmaceutical businesses.

Marriott Vacations Worldwide Completes $460 Million Vacation Ownership Loan Securitization

By Amit Chowdhry ● Oct 21, 2026

Marriott Vacations Worldwide Corporation has completed a $460 million securitization of vacation ownership loans, adding liquidity through a transaction backed by receivables from multiple timeshare brands. The notes were issued by MVW 2026-2 LLC and were offered to qualified institutional buyers in the United States under Rule 144A and outside the United States under Regulation S.

SpaceX: Q3 Revenue Surges 161% To $14.6 Billion As Super Intelligence And Starlink Growth Accelerate

By Amit Chowdhry ● Oct 21, 2026

SpaceX reported third-quarter 2026 revenue of $14.6 billion, up 161% from $5.6 billion a year earlier, as rapid growth in its Super Intelligence business and continued Starlink expansion drove a sharp acceleration in financial performance. The company generated $2.8 billion in operating income and $4.4 billion in net income, compared with a $1.1 billion net loss in the prior-year quarter. Adjusted EBITDA increased 306% to $8.8 billion.

Crowell & Moring Adds M&A Partner Jeryl Bowers In Los Angeles

By Amit Chowdhry ● Oct 21, 2026

Crowell & Moring has added Jeryl A. Bowers as a partner in Los Angeles, continuing the expansion of the firm's Corporate Group in the United States and adding more than 30 years of experience across M&A and complex commercial transactions.

Greenberg Traurig Adds Andrew Jacobs To Expand Leveraged Finance Practice

By Amit Chowdhry ● Oct 21, 2026

Greenberg Traurig has added Andrew B. Jacobs as a shareholder in the firm's Westchester County and New York offices, expanding its leveraged finance capabilities as demand grows across private credit, syndicated lending, acquisition financing, restructuring, and distressed debt markets.

Callaway Golf Names Harry Arnett As Senior Vice President And Chief Brand Officer

By Amit Chowdhry ● Oct 21, 2026

Callaway Golf Company has appointed Harry Arnett as Senior Vice President and Chief Brand Officer, bringing back an executive who previously led the company's global brand and marketing organization from 2012 through 2019. Arnett will oversee Callaway's global brand strategy and demand-creation efforts.

Ford Foundation Appoints Fatima Goss Graves To Board Of Trustees

By Amit Chowdhry ● Oct 21, 2026

The Ford Foundation has appointed Fatima Goss Graves to its Board of Trustees. Goss Graves is President and Chief Executive Officer of the National Women's Law Center and President of the National Women's Law Center Action Fund, bringing experience in law, policy, advocacy, and organizational leadership to the foundation's governing board.

Fox Names Nicholas Trutanich As General Counsel As Adam Ciongoli Steps Down

By Amit Chowdhry ● Oct 21, 2026

Fox Corporation has announced that Chief Legal and Policy Officer Adam Ciongoli will step down from that role effective December 1, 2026, after deciding not to renew his contract. Ciongoli will remain with Fox as a special advisor through June 2028, while Nicholas Trutanich will become General Counsel and report to Executive Chair and CEO Lachlan Murdoch.

Alaska Airlines Names Amaresh Siva As Chief Information Technology Officer

By Amit Chowdhry ● Oct 21, 2026

Alaska Airlines has named Amaresh Siva Chief Information Technology Officer in a newly created role that brings technology and digital capabilities together under a single enterprise leader. Siva will begin the position in November, report directly to CEO Ben Minicucci, and serve on the company's Executive Committee.

Insmed Appoints Former Sanofi CEO Paul Hudson And Verily CFO Utpal Koppikar To Board

By Amit Chowdhry ● Oct 21, 2026

Insmed has appointed Paul Hudson and Utpal Koppikar as independent members of its Board of Directors, adding senior leadership experience spanning global biopharmaceutical operations, commercialization, strategy, and finance. Hudson is the former CEO of Sanofi, while Koppikar is Chief Financial Officer of Verily Health.

Soluna Elects Former Google Executive Dan Golding To Board

By Amit Chowdhry ● Oct 21, 2026

Soluna Holdings has elected Dan Golding to its Board of Directors after nearly three years of advising the company on renewable-powered AI infrastructure. Golding was elected at Soluna's 2026 annual meeting of stockholders held on October 16 and has served on the company's Advisory Board since November 2023.

REVOLVE Names Dwyane Wade As Chief Performance Officer To Expand Men’s Business

By Amit Chowdhry ● Oct 21, 2026

REVOLVE Group has appointed Dwyane Wade as Chief Performance Officer for REVOLVE Man and FWRD Man, formalizing and expanding a longstanding relationship between the company and the basketball Hall of Famer, entrepreneur, and fashion figure. The appointment is part of REVOLVE's effort to accelerate growth across its men's businesses.

Armadin Names Former Microsoft Security Executive Vasu Jakkal As Chief Strategy And Business Officer

By Amit Chowdhry ● Oct 21, 2026

Armadin has appointed Vasu Jakkal as Chief Strategy and Business Officer as the AI-native cybersecurity company scales its autonomous security platform. Jakkal brings more than two decades of cybersecurity and enterprise technology experience and most recently served as Corporate Vice President of Security at Microsoft.

Authentic Brands Group Names Clément Smadja As Chief Legal Officer

By Amit Chowdhry ● Oct 21, 2026

Authentic Brands Group has appointed Clément Smadja as Chief Legal Officer, adding an executive with experience across corporate transactions, media, entertainment, sports, public-company governance, and strategic legal matters. Smadja will report to Authentic President and Chief Executive Officer Matt Maddox.

Lumeris Names Dr. Charles Saunders As Chief Clinical Transformation Officer

By Amit Chowdhry ● Oct 21, 2026

Lumeris has appointed Charles "Chuck" Saunders, M.D., as Chief Clinical Transformation Officer and President of Value-Based Care Enablement as the healthcare technology company expands its work with health systems and physicians transitioning to value-based care. Saunders will also help drive adoption of Tom, Lumeris' AI-powered Primary Care as a Service platform.

Greenberg Traurig’s Pallav Raghuvanshi Named Tax Club Of New York President

By Amit Chowdhry ● Oct 21, 2026

Greenberg Traurig Tax Practice Shareholder Pallav Raghuvanshi has been named President of the Tax Club of New York for the 2026-2027 term. The appointment places the New York-based attorney at the head of a long-established organization focused on tax scholarship, professional dialogue, and emerging issues in tax law.

Whirlpool Appoints Former Vanguard Executive Karin Risi To Board

By Amit Chowdhry ● Oct 21, 2026

Whirlpool Corporation has appointed former Vanguard executive Karin Risi to its Board of Directors, effective immediately. Risi brings more than 30 years of experience in asset management and wealth management and will serve on Whirlpool's Finance and Human Resources committees.

GA Group Names Bill Soncini And Marc Musitano As Co-Presidents Of Advisory & Valuation

By Amit Chowdhry ● Oct 21, 2026

GA Group has appointed Bill Soncini and Marc Musitano as Co-Presidents of its Advisory & Valuation business, effective immediately. The appointments elevate two long-tenured leaders as the firm focuses on growth, operational execution, and more integrated solutions across its appraisal, field exam, and advisory services platform.

Impeccable Names Co-Founder Carlos Boozer As Chief Growth Officer

By Amit Chowdhry ● Oct 21, 2026

Impeccable has named co-founder Carlos Boozer Chief Growth Officer, moving the former NBA All-Star and Olympic gold medalist into a full-time operating role across the company's real estate and restaurant businesses. The appointment expands Boozer's involvement as Impeccable continues growing throughout the Southeast.

Mach Industries Names Former GM Deputy CFO Zach Kirkman As Chief Financial Officer

By Amit Chowdhry ● Oct 21, 2026

Mach Industries has appointed Zach Kirkman as Chief Financial Officer as the defense manufacturer expands production of autonomous systems and critical defense components for the U.S. military and allied customers. Kirkman brings nearly two decades of experience spanning financial leadership, capital allocation, corporate strategy, and mergers and acquisitions in the technology and automotive sectors.

Weatherford Capital Names Michael Pantilione As Partner For Flagship Strategy

By Amit Chowdhry ● Oct 21, 2026

Weatherford Capital has appointed Michael Pantilione as a Partner, adding a veteran technology investor to the senior leadership of the firm's Flagship strategy. Pantilione will work alongside Managing Partner and Co-Founder Will Weatherford and Partner and Co-Founder Sam Weatherford across investment strategy, team management, portfolio oversight, and the strategy's investment committee.