Archives

Meta Threads Reaches 500 Million Monthly Active Users And Unveils New Community Features

By Amit Chowdhry ● Jun 17, 2026

Threads, Meta’s text-based social platform, announced that it has surpassed 500 million monthly active users, marking a major milestone as the company continues to expand community-driven conversations and engagement tools.

Kennedy Funding Closes $2.7 Million Loan For Oregon Mixed-Use Development Site

By Amit Chowdhry ● Jun 17, 2026

Kennedy Funding announced that it has closed a $2.7 million land loan for Haya Enterprises LLC, providing working capital for a 34.61-acre mixed-use development property in Medford, Oregon.

Syntec Optics Receives Additional Space Optics Orders, Bringing Recent Awards To $4.3 Million

By Amit Chowdhry ● Jun 17, 2026

Syntec Optics Holdings announced that it has received nearly $2.4 million in new purchase orders for a space optics product line supporting weekly launches of low Earth orbit satellites.

Plaud Surpasses $100 Million In ARR, Serving More Than 2 Million Users Worldwide

By Amit Chowdhry ● Jun 17, 2026

Plaud, a company developing AI-powered hardware and software interfaces for professionals, announced that it has grown from $1 million to $100 million in annual recurring revenue within two years.

Vertical Cold Storage Acquires Second Cold Storage Facility In Dothan, Alabama

By Amit Chowdhry ● Jun 17, 2026

Vertical Cold Storage announced it has acquired a refrigerated warehouse in Dothan, Alabama, from Dothan Warehouse. This acquisition represents Vertical Cold Storage’s 13th facility and its second location in Dothan.

Simulations Plus To Be Acquired By Altaris For Approximately $375 Million

By Amit Chowdhry ● Jun 17, 2026

Simulations Plus announced that it has entered into a definitive agreement to be acquired by affiliates of Altaris in an all-cash transaction valued at approximately $375 million.

Sarvam Raises $234 Million In First Close Of $300 Million Series B At $1.5 Billion Valuation

By Amit Chowdhry ● Jun 17, 2026

Sarvam, India’s full-stack sovereign AI company, announced that it has raised $234 million in the first close of its $300 million Series B round at a post-money valuation of $1.5 billion.

OpenRouter Introduces Fusion To Combine Multiple AI Models For Stronger Deep Research Performance

By Amit Chowdhry ● Jun 17, 2026

OpenRouter introduced Fusion, a new tool designed to synthesize outputs from multiple AI models and produce stronger responses than any individual model can typically generate.

Meta Introduces New AI Tools For Facebook Search, Editing, And Sharing

By Amit Chowdhry ● Jun 17, 2026

Meta announced new AI-powered features for Facebook designed to help users find answers, create photos and videos, and share content more easily.

Optiak Raises €4 Million Pre-Seed To Build Operating Layer For Enterprise AI

By Amit Chowdhry ● Jun 17, 2026

Optiak announced that it has raised €4 million in pre-seed funding to build what it describes as an operating layer for enterprise AI deployments.

Hawkins Way Capital And Varde Partners Acquire Manhattan Student Housing Property For $80 Million

By Amit Chowdhry ● Jun 17, 2026

Hawkins Way Capital and Varde Partners announced the acquisition of 117 W 70th St., a 382-unit student housing property on Manhattan’s Upper West Side, for $80 million. The property will become part of the joint venture’s FOUND Study platform, which now includes more than 6,000 beds across New York City.

CVC Catalyst To Acquire Majority Stake In WillowWood From Blue Sea Capital, Arbogast Family, And Management

By Amit Chowdhry ● Jun 17, 2026

CVC Catalyst III has agreed to acquire a majority stake in WillowWood, a leading manufacturer of prosthetic products, from Blue Sea Capital, the Arbogast family, and management. Blue Sea Capital, the Arbogast family, and WillowWood’s leadership team will reinvest alongside CVC Catalyst, while financial terms of the transaction were not disclosed.

Langan Acquires Kirkman Engineering, Expanding Texas Presence To Seven Offices

By Amit Chowdhry ● Jun 17, 2026

Langan Engineering & Environmental Services announced the acquisition of Kirkman Engineering, a Dallas-Fort Worth-based engineering firm specializing in land development projects across the commercial, warehouse, and residential sectors.

Singlepoint Healthcare Acquires Healix, Expanding National Infusion Capabilities

By Amit Chowdhry ● Jun 17, 2026

Singlepoint Healthcare, a specialty care company focused on inflammatory diseases, announced the acquisition of Healix, a national provider of outpatient infusion management services. Financial terms of the transaction were not disclosed.

Content Partners And Carlyle Global Credit Launch Continuation Vehicle to Support Film and TV Asset Growth

By Amit Chowdhry ● Jun 17, 2026

Content Partners, the largest independent owner of major studio-distributed films and television programming, and Carlyle’s Global Credit platform announced the closing of a single-asset continuation vehicle designed to provide additional capital for Content Partners’ ongoing acquisition and growth strategy.

Fanfix Surpasses $300 Million Paid Out to Creators, Marking Major Milestone in Creator Economy Growth

By Amit Chowdhry ● Jun 17, 2026

Affle Acquires AdColony Assets and Trademark From DT to Strengthen Consumer Platform Technology Stack

By Amit Chowdhry ● Jun 17, 2026

Affle announced that its subsidiary, Affle MEA FZ LLC, has entered into a definitive asset purchase agreement with DT, formerly Digital Turbine, to acquire select AdColony assets, including the AdColony SDK for Android and iOS devices, the technology platform, existing integrations with in-app publishers and mediation platforms, as well as the AdColony brand name, domain, and associated goodwill. Financial terms of the transaction were not disclosed.

Net At Work Acquires Millennium Accounting Solutions

By Amit Chowdhry ● Jun 17, 2026

Net at Work, a technology advisor and solutions provider for small and mid-sized businesses, announced the acquisition of Millennium Accounting Solutions (MAS). Financial terms of the transaction were not disclosed.

Gutter Capital Raises $75 Million Fund III and Opens Applications for Elbow Grease Accelerator

By Amit Chowdhry ● Jun 17, 2026

Gutter Capital announced the closing of its $75 million Fund III and the opening of applications for the second cohort of Elbow Grease, the firm’s founder-led accelerator based in New York City. The latest fund brings the venture firm’s total to three funds raised in less than three years and represents a tripling in size since inception.

HeyMilo AI Raises $6 Million To Expand Agentic Recruiting Platform And Launch New AI Hiring Agents

By Amit Chowdhry ● Jun 17, 2026

HeyMilo AI announced that it has raised a total of $6 million in funding led by Category Ventures, with participation from Canaan Partners, Alumni Ventures, and ERA. The company plans to use the capital to expand its agentic recruiting platform and introduce new AI-powered recruiting capabilities for high-volume hiring.

Foundation Alloy Raises $22 Million Series A To Scale MetalsFIRST Platform, Open New U.S. Facility, And Expand Into Asia

By Amit Chowdhry ● Jun 17, 2026

Foundation Alloy announced a $22 million Series A financing round to scale production of its MetalsFIRST platform, a solid-state metallurgy technology designed to produce advanced alloys without traditional melt-based manufacturing processes.

Octane Completes $340 Million Whole Loan Sale With Bayview, Bringing Total Commitments To $3.7 Billion

By Amit Chowdhry ● Jun 17, 2026

Octane announced that it has completed the sale of a $340 million portfolio of fixed-rate installment loans for powersports and outdoor power equipment to affiliates of Bayview Asset Management.

Volara Motorsports Group Acquires Monday Motorbikes To Expand Into Electric Mobility

By Amit Chowdhry ● Jun 17, 2026

Volara Motorsports Group announced the acquisition of Monday Motorbikes, adding an electric lifestyle mobility brand to its portfolio and establishing a new vertical in urban and recreational electric transportation.

WPS Acquires Mavida Health To Expand Digital Mental Health Services For Women And Families

By Amit Chowdhry ● Jun 17, 2026

WPS announced the acquisition of Mavida Health, a digital mental health company focused on providing clinical care and community support for women and families throughout the reproductive journey. The transaction expands WPS’s digital healthcare capabilities and supports the company’s broader strategy to diversify beyond its core health insurance operations.

H.I.G. Capital Sells Stake In The Bluebird Group As Founders And Bertram Capital Recapitalize Business

By Amit Chowdhry ● Jun 17, 2026

H.I.G. Capital announced the sale of its minority investment in The Bluebird Group in conjunction with a recapitalization of the company by Bluebird’s founders and Bertram Capital. Financial terms of the transaction were not disclosed.

EQB Strengthens Leadership Team Ahead Of Closing PC Financial Acquisition

By Amit Chowdhry ● Jun 17, 2026

Greenland Mines Makes Strategic Investment In AnorTech

By Amit Chowdhry ● Jun 17, 2026

Greenland Mines announced a strategic share exchange agreement with AnorTech, gaining exposure to sustainable alumina, high-purity alumina, CO2-free cement, and other industrial materials while advancing its North Atlantic Critical Metals Corridor strategy.

Goldman Sachs Surpasses $1 Trillion In Announced M&A Volume Year-To-Date

By Amit Chowdhry ● Jun 16, 2026

Goldman Sachs Investment Banking announced that it has advised on more than $1 trillion in announced mergers and acquisitions volume year-to-date, marking the first time in history that any bank has reached this milestone within a half-year period.

Snap Introduces SPECS AR Glasses And Opens Pre-Orders At $2,195

By Amit Chowdhry ● Jun 16, 2026

Snap unveiled its new SPECS augmented reality glasses at Augmented World Expo 2026, marking the company's latest push into wearable computing and opening pre-orders ahead of a planned fall launch.

Olin And Huntsman Announce All-Stock Merger Of Equals To Create $12.5 Billion Chemicals Company

By Amit Chowdhry ● Jun 16, 2026

Olin Corporation and Huntsman Corporation announced they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a North American chemicals company with approximately $12.5 billion in 2025 revenue on a combined basis. The combined company will be renamed OlinHuntsman Corporation following the close of the transaction.