Archives

Spense Raises $2.8 Million Seed Round To Build Agentic Credit Infrastructure

By Amit Chowdhry ● Jul 7, 2026

Spense announced that it has raised a $2.8 million seed round. The round was led by Arkam Ventures, with participation from Razorpay, GrowthCap Ventures, AtriumVC, and a group of operators and angel investors.

Aylight Raises €4.5 Million Pre-Seed To Address AI’s Optical Bottleneck

By Amit Chowdhry ● Jul 7, 2026

Aylight announced that it has raised €4.5 million in pre-seed funding. The company is developing laser technology designed to address the optical bottleneck created by the rapid scaling of AI infrastructure. The round was co-led by Elaia and Swisscom Ventures. Verve Ventures and Plug and Play also participated in the financing.

Storika Closes Seed Round To Scale AI-Native Creator Marketing Platform

By Amit Chowdhry ● Jul 7, 2026

Storika announced the closing of a seed funding round to scale its AI-native creator marketing platform. The round terms were not disclosed. The round included a strategic investment from Amorepacific. Additional participants included Schmidt, Hustle Fund, BonAngels Venture Partners, and Krew Capital.

Permutable: Interview With Founder & CEO Wilson Chan About How The Company Is Turning Real-Time Narratives Into Market Intelligence

By Amit Chowdhry ● Jul 7, 2026

Permutable is a London-based AI-driven market intelligence company that analyzes global narratives, macroeconomic developments, and real-time news flows to generate explainable market intelligence for institutional investors, hedge funds, and commodities trading teams. Pulse 2.0 interviewed Permutable founder and CEO Wilson Chan to learn more.

H.I.G. Capital Is Acquiring A Majority Stake In TERRAS

By Amit Chowdhry ● Jul 7, 2026

H.I.G. Capital announced that one of its affiliates has entered into a definitive agreement to acquire a majority stake in TERRAS Group. Financial terms of the transaction were not disclosed.

Thales Acquiring Exail For €3.9 Billion

By Amit Chowdhry ● Jul 7, 2026

Thales announced that it has signed a binding agreement to acquire the Gorgé family concert’s combined 35.51% stake in Exail Technologies. The transaction is being pursued with a view to acquiring 100% of Exail through a mandatory tender offer at €134 per share.

American Clean Resources Group Receives LOI For Up To $40 Million In Joint Development Capital

By Amit Chowdhry ● Jul 7, 2026

American Clean Resources Group announced that it has received a Letter of Intent from Elko Heat Company for up to $40 million in joint development capital. The capital is intended to support ACRG’s pursuit of a Bureau of Land Management Solar Energy Zone competitive lease and related solar development activities at the company’s Millers Property in Esmeralda County, Nevada.

Codis Acquiring Catalent’s Nottingham UK Facility

By Amit Chowdhry ● Jul 7, 2026

Codis announced an agreement to acquire Catalent Pharma Solutions’ facility in Nottingham, UK. The transaction is expected to close in the third quarter of this year, subject to customary closing conditions.

Linea Energy And Crux Close Financing For 172 MWdc Michigan Solar Project

By Amit Chowdhry ● Jul 7, 2026

Linea Energy announced the closing of a tax equity financing with Crux for its Watertown solar project. Watertown is a 172 MWdc utility-scale solar energy facility located in Sanilac County, Michigan.

Flathead Forge Invests In NALA Membranes To Advance Chlorine-Stable Water Treatment Technology

By Amit Chowdhry ● Jul 7, 2026

Flathead Forge Fund 1 announced that it has invested in NALA Membranes, a North Carolina developer of chlorine-stable membranes for industrial water purification and reuse. Financial terms of the investment were not disclosed.

Oceaneering Increases Revolving Credit Facility To $345 Million

By Amit Chowdhry ● Jul 7, 2026

Oceaneering International announced that it has entered into an amendment to its senior secured revolving credit facility. The amendment increases total commitments under the facility from $215 million to $345 million, giving the company a larger pool of available capital to support its business needs.

Wintrust Buying Northern Trust’s Guardianship Services Business

By Amit Chowdhry ● Jul 7, 2026

Northern Trust and Wintrust Financial announced that Wintrust Private Trust Company has entered into an agreement to purchase Northern Trust’s guardianship services business. The transaction is expected to close later this year, and financial terms were not disclosed.

Franklin Resources Reports $1.79 Trillion In Preliminary Month-End AUM

By Amit Chowdhry ● Jul 7, 2026

Franklin Resources, operating as Franklin Templeton, reported preliminary month-end assets under management of $1.79 trillion as of June 30, 2026. This is up from $1.78 trillion as of May 31, 2026.

CohnReznick Acquires HL&B

By Amit Chowdhry ● Jul 7, 2026

CohnReznick announced the strategic acquisition of Houston-based Ham, Langston, & Brezina, effective July 1, 2026. The acquisition expands CohnReznick’s presence in Texas and adds three offices in the Houston market.

Novartis Acquiring Myricx Bio For Up To $1.5 Billion

By Amit Chowdhry ● Jul 7, 2026

Sofinnova Partners announced that its portfolio company Myricx Bio has reached an agreement to be acquired by Novartis. The deal is valued at up to $1.5 billion, including $1.1 billion in cash upfront plus potential milestone payments.

Coral Connect Acquires AdvisorWoRx

By Amit Chowdhry ● Jul 7, 2026

Coral Connect announced that it has acquired AdvisorWoRx, a strategic healthcare consulting firm founded and led by Edie Gigot. Financial terms of the transaction were not disclosed.

Goldman Sachs Appoints Evan Kotsovinos As Head Of Asset & Wealth Management Engineering

By Amit Chowdhry ● Jul 7, 2026

Goldman Sachs announced that Evan Kotsovinos has joined the firm as a Partner and head of Asset & Wealth Management Engineering. In this role, he will work with teams across Asset & Wealth Management and the broader Goldman Sachs Engineering organization.

Banzai Acquires ConnectAndSell For $13.2 Million

By Amit Chowdhry ● Jul 7, 2026

Banzai International announced that it has completed its previously announced acquisition of substantially all assets of ConnectAndSell. The acquisition became effective on July 2, 2026.

Alberta Cancer Foundation Invests C$35 Million To Advance Cancer Clinical Trials

By Amit Chowdhry ● Jul 7, 2026

The Alberta Cancer Foundation announced that it is investing C$35 million to advance cancer clinical trials in Alberta. The funding represents one of the largest clinical trial investments over a five-year period in the foundation’s history.

Hometown Financial Group To Acquire Primary Bank For $160 Million

By Amit Chowdhry ● Jul 7, 2026

Hometown Financial Group announced that it has entered into a merger agreement to acquire Primary Bank, a publicly traded commercial bank based in Bedford, New Hampshire. The transaction is valued at approximately $160 million and will expand Hometown’s presence in southern New Hampshire.

BWXT Acquires Precision Components Group

By Amit Chowdhry ● Jul 7, 2026

BWX Technologies announced that it has completed its previously announced acquisition of Precision Components Group. The acquisition includes PCG subsidiaries Precision Custom Components and DC Fabricators.

B Capital Closes $500 Million Ascent Fund III To Back AI-Driven Companies

By Amit Chowdhry ● Jul 7, 2026

B Capital announced the final close of B Capital Ascent Fund III at its hard cap of $500 million in aggregate capital commitments. The fund was oversubscribed and nearly doubled the size of its predecessor, B Capital Ascent Fund II.

Voyager Closes Upsized $250 Million Credit Facility

By Amit Chowdhry ● Jul 7, 2026

Voyager Technologies announced the closing of an upsized $250 million credit facility. The facility was led by J.P. Morgan.

Bespoke Labs Raises $40 Million To Build Reliable AI Agent Training Environments

By Amit Chowdhry ● Jul 7, 2026

Bespoke Labs announced that it has raised $40 million across seed and Series A funding rounds. The company is building an AI agent training platform focused on environments that help agents become more reliable.

Blue Whale Materials Names Jack Johnson CEO And Raises Growth Capital

By Amit Chowdhry ● Jul 7, 2026

Blue Whale Materials announced the appointment of Jack Johnson as Chief Executive Officer. The company said the leadership change comes as it enters its commercial scale-up phase, supported by a significant growth capital financing round.

Empower Acquiring Milliman’s Retirement Administration Business For $340 Million

By Amit Chowdhry ● Jul 7, 2026

Empower and Milliman announced a definitive agreement under which Empower will acquire Milliman’s retirement administration business. The transaction is valued at $340 million and is expected to close in the second half of 2026, subject to customary regulatory approvals and closing conditions.

Archives

Spense Raises $2.8 Million Seed Round To Build Agentic Credit Infrastructure

Aylight Raises €4.5 Million Pre-Seed To Address AI’s Optical Bottleneck

Storika Closes Seed Round To Scale AI-Native Creator Marketing Platform

Permutable: Interview With Founder & CEO Wilson Chan About How The Company Is Turning Real-Time Narratives Into Market Intelligence

H.I.G. Capital Is Acquiring A Majority Stake In TERRAS

Thales Acquiring Exail For €3.9 Billion

American Clean Resources Group Receives LOI For Up To $40 Million In Joint Development Capital

Codis Acquiring Catalent’s Nottingham UK Facility

Linea Energy And Crux Close Financing For 172 MWdc Michigan Solar Project

Flathead Forge Invests In NALA Membranes To Advance Chlorine-Stable Water Treatment Technology

Oceaneering Increases Revolving Credit Facility To $345 Million

Wintrust Buying Northern Trust’s Guardianship Services Business

Franklin Resources Reports $1.79 Trillion In Preliminary Month-End AUM

CohnReznick Acquires HL&B

Novartis Acquiring Myricx Bio For Up To $1.5 Billion

Coral Connect Acquires AdvisorWoRx

Goldman Sachs Appoints Evan Kotsovinos As Head Of Asset & Wealth Management Engineering

Banzai Acquires ConnectAndSell For $13.2 Million

Alberta Cancer Foundation Invests C$35 Million To Advance Cancer Clinical Trials

Hometown Financial Group To Acquire Primary Bank For $160 Million

BWXT Acquires Precision Components Group

B Capital Closes $500 Million Ascent Fund III To Back AI-Driven Companies

Voyager Closes Upsized $250 Million Credit Facility

Bespoke Labs Raises $40 Million To Build Reliable AI Agent Training Environments

Blue Whale Materials Names Jack Johnson CEO And Raises Growth Capital

Empower Acquiring Milliman’s Retirement Administration Business For $340 Million

Omni Ventures Closes $33 Million Fund I To Back Manufacturing Tech Startups

Csquare Launches IPO Seeking Up To $1.35 Billion

alqem Raises €8 Million To Scale AI-Driven Materials Discovery Engine

Stoa Raises $2.4 Million To Build Savings-Powered Spending Platform