Archives

Starwood Capital Raises $10.2 Billion For Opportunistic Real Estate Fund

By Amit Chowdhry ● Jul 2, 2026

Starwood Capital Group announced the final closing of its latest opportunistic real estate fund, Starwood Distressed Opportunity Fund XIII, with capital commitments of more than $10.2 billion.

Celea Therapeutics Raises $180 Million To Advance Deupirfenidone As Potential New Standard Of Care For IPF

By Amit Chowdhry ● Jul 2, 2026

Celea Therapeutics announced the completion of a $180 million financing round to support the development of deupirfenidone, also known as LYT-100, as a potential new standard of care for idiopathic pulmonary fibrosis (IPF).

Quantum Systems Raises $1.2 Billion Series D At $8 Billion Valuation

By Amit Chowdhry ● Jul 2, 2026

Quantum Systems announced the signing of its $1.2 billion Series D financing round, valuing the company at about $8 billion on a post-money basis. The funding round was co-led by Blackstone, Noteus, Airbus, and Advent. And the round was also backed by a syndicate of crossover and long-term institutional investors, including BOND, Fidelity Management & Research Company, Wellington Management, A.P. Moller Holding, and Elephant Lake Ventures. Existing shareholders Balderton and HV Capital also participated.

SK Hynix To Invest $64 Billion In Memory Chip Plants Under Broader AI Investment Plan

By Amit Chowdhry ● Jul 2, 2026

SK Hynix announced plans to invest 100 trillion won, or about $64.38 billion, to build new chip plants in South Korea as part of a broader investment push tied to the growth of artificial intelligence, according to Reuters.

Micron Announces $250 Million Investment In Trump Accounts Reaching Up To 1 Million Children

By Amit Chowdhry ● Jul 2, 2026

Micron Technology announced a $250 million investment to increase long-term savings opportunities for children and families through Trump Accounts, which are also known as 530A Accounts.

Luxonis Raises $14 Million Series A To Power Physical AI Perception Platform

By Amit Chowdhry ● Jul 2, 2026

Luxonis announced it has raised $14 million in Series A funding led by Denali Growth Partners, with participation from Taiwania Capital. And the funding will be used to accelerate the company’s commercial expansion, advance its product roadmap, and scale production of its OAK camera platform.

Vestmark Opens Center For AI Research And Development In Boston

By Amit Chowdhry ● Jul 2, 2026

Vestmark announced the opening of the Vestmark Center for AI Research and Development, known as the CARD, a new Boston-based center focused on developing AI-enabled and software solutions for the wealth management industry.

Tripo AI Raises Over $150 Million In Series A3 Financing

By Amit Chowdhry ● Jul 2, 2026

Tripo AI announced that it has completed a Series A3 financing round, raising over $150 million. The funding round included participation from a broad group of strategic and financial investors spanning the automotive, gaming, internet, and technology sectors.

TaxStatus Launches Planning Observations To Turn Tax Records Into Advisory Opportunities

By Amit Chowdhry ● Jul 2, 2026

TaxStatus announced the launch of Planning Observations, a new capability that automatically identifies timely advice opportunities and advice gaps from a client’s tax records. TaxStatus is a provider of IRS-sourced financial data for financial advisors and CPAs.

Coastal Bridge Advisors, Waddell & Associates, And One Charles Private Wealth Combine Firms

By Amit Chowdhry ● Jul 2, 2026

Coastal Bridge Advisors, Waddell & Associates, and One Charles Private Wealth announced the completion of their strategic merger. The combined firm has more than $10 billion in assets under management as of June 30, 2026. Financial terms of the transaction were not disclosed.

Breakthrough Miami Receives $2 Million Gift From Kenneth Griffin

By Amit Chowdhry ● Jul 2, 2026

Breakthrough Miami announced a $2 million gift from Kenneth C. Griffin, founder and CEO of Citadel and founder of Griffin Catalyst. The gift will support the expansion of Breakthrough Miami’s nationally recognized Students-Teaching-Students leadership model.

Savant Wealth Management Adds $240.4 Million Firm Richard Brothers Financial Advisors

By Amit Chowdhry ● Jul 2, 2026

Savant Wealth Management announced a partnership with Richard Brothers Financial Advisors. The partnership closed on June 30, 2026. Financial terms of the transaction were not disclosed. Richard Brothers Financial Advisors is a registered investment adviser based in South Portland, Maine. The firm has approximately $240.4 million in assets under management.

Harvest Partners Acquires Integra Testing Services

By Amit Chowdhry ● Jul 2, 2026

Harvest Partners announced that funds managed by the firm have completed the acquisition of Integra Testing Services from Keystone Capital. Financial terms of the transaction were not disclosed.

Anthropic Launches Claude Sonnet 5

By Amit Chowdhry ● Jul 2, 2026

Anthropic announced the launch of Claude Sonnet 5. Claude Sonnet 5 is designed to be Anthropic’s most agentic Sonnet model yet. The company said the model can make plans, use tools such as browsers and terminals, and run autonomously at a level that previously required larger, more expensive models.

Select Medical Being Acquired By Ortenzio, Jackson, And WCAS Consortium For $3.9 Billion

By Amit Chowdhry ● Jul 2, 2026

Select Medical Holdings announced the completion of its acquisition by an entity affiliated with a consortium led by Robert A. Ortenzio, Martin F. Jackson, and Welsh, Carson, Anderson & Stowe. Ortenzio is Executive Chairman, Co-Founder, and Director of Select Medical. Jackson is Senior Executive Vice President of Strategic Finance and Operations at Select Medical.

Momentum Life Sciences Receives Strategic Growth Investment From Parthenon Capital

By Amit Chowdhry ● Jul 2, 2026

Momentum Life Sciences announced a strategic investment from Parthenon Capital. Financial terms of the transaction were not disclosed. Momentum is a commercialization platform offering patient- and provider-facing solutions that support therapy initiation and adherence for specialty therapies.

Beehive Acquires Majority Stake In Themar

By Amit Chowdhry ● Jul 2, 2026

Beehive Group Holdings announced that it has completed its acquisition of a majority stake in Themar Al Aamal Commercial Company. Themar Al Aamal Commercial Company is the holding company of the SAMA-regulated debt crowdfunding platform Themar Al Aamal for Crowdfunding Company in Saudi Arabia. Financial terms of the transaction were not disclosed.

Azalea Vision Awarded Up To €7.5 Million In EIC Accelerator Funding

By Amit Chowdhry ● Jul 2, 2026

Azalea Vision announced that it has been selected for the European Innovation Council Accelerator. The funding will help advance Azalea’s medical-grade smart contact lens platform into clinical development.

University Of Sydney And IBM Researchers Identify Pathway To High-Fidelity Quantum Computing

By Amit Chowdhry ● Jul 2, 2026

Researchers from the University of Sydney, working with IBM, identified and quantified key factors limiting the performance of quantum computers and demonstrated ways to reduce their impact.

Wesco Acquires Newark Engineering Group

By Amit Chowdhry ● Jul 2, 2026

Wesco International announced the successful completion of its previously announced acquisition of Newark Engineering Group. Financial terms of the transaction were not disclosed.

PharmaResearch Acquiring CG USA

By Amit Chowdhry ● Jul 2, 2026

PharmaResearch announced that it has signed an agreement to acquire Cosmetic Group USA, also known as CG USA. Financial terms of the transaction were not disclosed.

Why McKim & Creed Acquired Davis Martin Powell

By Amit Chowdhry ● Jul 2, 2026

McKim & Creed announced that it has acquired Davis Martin Powell. Financial terms of the transaction were not disclosed.

ASE Acquires WrenchWay

By Amit Chowdhry ● Jul 2, 2026

The National Institute for Automotive Service Excellence announced the acquisition of WrenchWay. Financial terms of the transaction were not disclosed. WrenchWay’s co-founders and employees will join the ASE team. The acquisition expands ASE’s role as a workforce platform for the transportation industry.

Why Talos Energy Is Acquiring Gulf Of America Deepwater Assets For $850 Million

By Amit Chowdhry ● Jul 2, 2026

Talos Energy announced that it has entered into a definitive agreement to jointly acquire certain deepwater assets in the Gulf of America from Shell Offshore alongside an affiliate of Ridgewood Energy.

Trillium Flow Technologies Completes Sale Of Select Valves Businesses To Flowserve

By Amit Chowdhry ● Jul 2, 2026

Trillium Flow Technologies announced the completion of the sale of select valves businesses to Flowserve. Trillium is a portfolio company of First Reserve and a provider of engineered flow control products and aftermarket services. Flowserve is a provider of flow control products and services for global infrastructure markets. Financial terms of the transaction were not disclosed.

Archives

Starwood Capital Raises $10.2 Billion For Opportunistic Real Estate Fund

Celea Therapeutics Raises $180 Million To Advance Deupirfenidone As Potential New Standard Of Care For IPF

Quantum Systems Raises $1.2 Billion Series D At $8 Billion Valuation

SK Hynix To Invest $64 Billion In Memory Chip Plants Under Broader AI Investment Plan

Micron Announces $250 Million Investment In Trump Accounts Reaching Up To 1 Million Children

Luxonis Raises $14 Million Series A To Power Physical AI Perception Platform

Vestmark Opens Center For AI Research And Development In Boston

Tripo AI Raises Over $150 Million In Series A3 Financing

TaxStatus Launches Planning Observations To Turn Tax Records Into Advisory Opportunities

Coastal Bridge Advisors, Waddell & Associates, And One Charles Private Wealth Combine Firms

Breakthrough Miami Receives $2 Million Gift From Kenneth Griffin

Savant Wealth Management Adds $240.4 Million Firm Richard Brothers Financial Advisors

Harvest Partners Acquires Integra Testing Services

Anthropic Launches Claude Sonnet 5

Select Medical Being Acquired By Ortenzio, Jackson, And WCAS Consortium For $3.9 Billion

Momentum Life Sciences Receives Strategic Growth Investment From Parthenon Capital

Beehive Acquires Majority Stake In Themar

Azalea Vision Awarded Up To €7.5 Million In EIC Accelerator Funding

University Of Sydney And IBM Researchers Identify Pathway To High-Fidelity Quantum Computing

Wesco Acquires Newark Engineering Group

PharmaResearch Acquiring CG USA

Why McKim & Creed Acquired Davis Martin Powell

ASE Acquires WrenchWay

Why Talos Energy Is Acquiring Gulf Of America Deepwater Assets For $850 Million

Trillium Flow Technologies Completes Sale Of Select Valves Businesses To Flowserve

Spire Completes Sale Of Natural Gas Storage Businesses To I Squared Capital For $650 Million

Why Hoffman & Hoffman Acquired Aeromechanical

FMC Reaches Agreement For $400 Million Minority Equity Investment From Tessenderlo Group

Why Experity Acquired Exdion Healthcare

Nexar And Nauto To Merge