Archives

PleoPharma Wins $6.5 Million NIDA Grant To Advance Phase 3 Cannabis Withdrawal Treatment

By Amit Chowdhry ● Aug 21, 2026

PleoPharma has received a $6.5 million, three-year grant from the National Institute on Drug Abuse to support its pivotal Phase 3 clinical program evaluating PP-01 as an investigational treatment for cannabis withdrawal symptoms in adults with cannabis use disorder. NIDA is part of the National Institutes of Health.

NeuroOne: Product Revenue Jumps 105% As Gross Margin Expands Nearly 20 Percentage Points In Fiscal Q3 2025

By Amit Chowdhry ● Aug 21, 2026

NeuroOne Medical Technologies reported a 105% increase in product revenue to $1.7 million in fiscal Q3 2025, while product gross margin expanded to 53.9% from 34.1%, an improvement of nearly 20 percentage points as commercialization of its neurological technology portfolio accelerated. The uploaded earnings release covers the quarter ended June 30, 2025.

Baidu: GPU Cloud Revenue Jumps 283% As AI-Powered Business Reaches 50% Of General Business Revenue

By Amit Chowdhry ● Aug 21, 2026

Baidu's GPU Cloud revenue increased 283% year over year in Q2 2026, accelerating from 184% growth in the previous quarter, as public cloud demand for AI computing helped make the company's AI-powered business responsible for half of Baidu General Business revenue.

Pixelgen Technologies Raises $15.5 Million Series B To Scale Molecular Cell Architecture Platform Globally

By Amit Chowdhry ● Aug 21, 2026

Pixelgen Technologies has closed an oversubscribed $15.5 million Series B financing to accelerate global commercialization of its Proxiome Kit and expand the company's presence in key markets. Flat Capital led the round, with existing investors Industrifonden and Navigare Ventures also participating.

Wrap Technologies Closes $12 Million Registered Direct Offering

By Amit Chowdhry ● Aug 21, 2026

Wrap Technologies has closed a $12 million registered direct offering with a fundamental institutional investor and an existing company investor, providing the public safety technology company with additional capital to support working capital requirements and potential future expansion.

Barings Provides Senior Secured Financing For Edgewater’s Acquisition Of Parker Manufacturing Group

By Amit Chowdhry ● Aug 21, 2026

Barings has provided senior secured credit facilities supporting The Edgewater Funds' acquisition of Parker Manufacturing Group. Barings served as lead agent on the financing. Financial terms were not disclosed.

WSB Acquires Civil Infrastructure Associates To Expand Southeast Engineering Platform

By Amit Chowdhry ● Aug 21, 2026

WSB has acquired Civil Infrastructure Associates, expanding the design and consulting firm's municipal, environmental, water and surveying capabilities in the Nashville metropolitan area.

Santander Completes Webster Acquisition, Creating $327 Billion U.S. Bank Serving Nearly 8 Million Customers

By Amit Chowdhry ● Aug 21, 2026

Santander has completed its acquisition of Webster Financial Corporation, significantly expanding its U.S. retail and commercial banking operations and creating a combined organization with approximately $327 billion in assets.

Radial Acquires Mindful Health Solutions MSO, Creating 27-Clinic Brain Medicine Network With 100+ Clinicians

By Amit Chowdhry ● Aug 21, 2026

Radial has acquired the management services organization supporting Mindful Health Solutions, creating a combined management platform supporting what the company describes as the nation's largest network of brain medicine clinics.

PGIM Commits To $3 Billion GreenSky Forward-Flow Facility For Home Improvement Loans

By Amit Chowdhry ● Aug 21, 2026

PGIM has committed to a three-year forward-flow facility with GreenSky and certain affiliates, expected to involve about $3 billion in consumer home improvement assets.

Cleveland-Cliffs Plans $1 Billion Middletown Works Upgrade With $500 Million U.S. Energy Department Support

By Amit Chowdhry ● Aug 21, 2026

Cleveland-Cliffs has announced a $1 billion investment in its Middletown Works steel facility in Ohio, with the company and the U.S. Department of Energy expected to provide $500 million each.

Starcloud Raises $250 Million At $2.3 Billion Valuation To Build 20-Gigawatt Orbital AI Data Center Network

By Amit Chowdhry ● Aug 21, 2026

Starcloud has raised a $250 million Series A extension at a $2.3 billion post-money valuation to expand its effort to build data centers in space. Manhattan West led the financing, with participation from existing investors Benchmark, EQT, Soma, NFX and 776, along with new investors NVIDIA, Cisco Investments, Cedar Capital, Goanna Capital and Standard Capital, among others.

CTP Places €500 Million Green Bond After Orderbook Reaches €2 Billion

By Amit Chowdhry ● Aug 21, 2026

CTP has placed a €500 million senior unsecured green bond with a three-year maturity and a fixed coupon of 3.625%, adding another source of long-term funding as the European logistics and industrial real estate company continues managing its debt profile.

Gossamer Bio Secures Up To $250 Million To Fund Seralutinib Through Potential FDA Approval

By Amit Chowdhry ● Aug 21, 2026

Gossamer Bio has entered into a structured private placement expected to provide up to $250 million to support seralutinib through potential FDA approval for pulmonary arterial hypertension.

ESS Tech Raises $3.2 Million Through Registered Direct Offering With Warrants For 12.8 Million Additional Shares

By Amit Chowdhry ● Aug 21, 2026

ESS Tech has entered into agreements for a $3.2 million registered direct offering and concurrent private placement as the non-lithium energy storage company raises additional capital for working capital and other general corporate purposes. Under the agreements, institutional investors will purchase approximately 6.4 million shares of ESS common stock at a price of $0.50 per share.

Twin1 AI Raises $20 Million Seed As Digital Twin Platform Automates 30% To 50% Of Knowledge Worker Communications

By Amit Chowdhry ● Aug 21, 2026

Twin1 AI has emerged from stealth with a $20 million seed financing to scale an enterprise platform that creates AI-powered digital twins for professional knowledge workers. Bessemer Venture Partners, Tribeca Venture Partners and Aramco Ventures co-led the round.

Wingspire Provides $140 Million Financing For AI GPU Cloud Infrastructure

By Amit Chowdhry ● Aug 21, 2026

Conti Federal Wins $67.6 Million U.S. Navy Contract To Expand Ordnance Storage At NAS Sigonella

By Amit Chowdhry ● Aug 21, 2026

Conti Federal Services has been awarded a $67.6 million contract to expand ordnance storage infrastructure at Naval Air Station Sigonella in Sicily.

Keysight: Commercial Communications Revenue Jumps 56% To More Than $1 Billion As Segment Operating Margin Reaches 34%

By Amit Chowdhry ● Aug 21, 2026

Keysight Technologies generated $1.006 billion of Commercial Communications revenue in fiscal Q3 2026, up 56% from $644 million, as demand across its communications portfolio helped drive record quarterly results. Commercial Communications alone accounted for approximately 55% of Keysight's $1.846 billion of total quarterly revenue.

Mercury Systems: Q4 Bookings Jump 93% To $660 Million As Backlog Tops $1.9 Billion

By Amit Chowdhry ● Aug 21, 2026

Mercury Systems reported record fiscal Q4 2026 bookings of $660 million, up 93.1% year over year, pushing quarterly book-to-bill to 2.28 and driving the defense technology company's backlog above $1.9 billion.

Jack Henry: Faster Payments Revenue Jumps Nearly 50% As Digital Transaction Revenue Rises 11.6%

By Amit Chowdhry ● Aug 21, 2026

Jack Henry & Associates' faster-payments revenue increased 49.5% during fiscal 2026, while Jack Henry's digital and transaction revenue rose 11.6% as the financial technology company benefited from rising digital-platform usage and continued adoption of real-time and faster-payment services.

American Public Education: Health+ Swings To Operating Profit As Revenue Rises 11%

By Amit Chowdhry ● Aug 21, 2026

American Public Education's Health+ segment generated $300,000 of operating income in Q2 2026 compared with a $2.4 million operating loss a year earlier, as segment revenue increased 11% to $86.2 million from $77.7 million. The improvement shows that the company's nursing and health sciences operation is beginning to translate enrollment growth into segment profitability.

Stratasys Receives $7.8 Million Defense Manufacturing Award To Scale Production-Ready 3D Printing

By Amit Chowdhry ● Aug 21, 2026

Stratasys has received $7.8 million in funding through the 2026 America Makes and Department of War Organic Industrial Base Modernization Challenge to develop in-process quality assurance capabilities for industrial additive manufacturing. The 24-month program will focus on Stratasys' F3300 and F900 industrial FDM platforms.

MarginEdge Raises $80 Million Series D As Platform Processes $28 Billion In Restaurant Purchasing

By Amit Chowdhry ● Aug 21, 2026

MarginEdge has raised $80 million in Series D financing to accelerate development of AI-powered tools for restaurant operators, bringing the company's total funding to $162 million. The round was jointly led by Schooner Capital and Ten Coves Capital, with participation from existing investors Osage Venture Partners, Derive Ventures and Western Alliance Bank.

Ensysce Biosciences Goes From $0.7 Million Of Quarter-End Cash To About $31 Million After Cy Biopharma Deal And Financing

By Amit Chowdhry ● Aug 21, 2026

Ensysce Biosciences ended Q2 2026 with only $676,704 of cash and equivalents, but its liquidity position changed substantially immediately after quarter-end as the acquisition of Cy Biopharma and related financings provided approximately $31 million of net cash after transaction expenses.

NeoGeoInfo Technologies Raises $20 Million Series A From SBI Neev II Fund And Aavishkaar Capital To Scale GeoAI

By Amit Chowdhry ● Aug 21, 2026

NeoGeoInfo Technologies has raised $20 million in Series A funding from SBI’s Neev II Fund and Aavishkaar Capital to expand its geospatial intelligence platform and accelerate development of GeoAI capabilities.

HIVE Digital Technologies Reveals $110 Million Of Active And Contracted GPU Cloud ARR

By Amit Chowdhry ● Aug 21, 2026

HIVE Digital Technologies has increased its active and contracted GPU Cloud annual run-rate revenue to approximately $110 million, while its most recently reported quarterly high-performance computing revenue was only $7.1 million, illustrating how much of the company's contracted AI infrastructure business has yet to be reflected in recognized revenue.

IBM And Together AI Sign $240 Million Multi-Year Deal For Large-Scale NVIDIA B300 AI Inference Cluster

By Amit Chowdhry ● Aug 21, 2026

IBM has signed a multi-year $240 million agreement with Together AI to deploy a large-scale artificial intelligence inference cluster on IBM Cloud using NVIDIA HGX B300 systems. The cluster is expected to become available in the first quarter of 2027 and will help Together AI provide open-source model inference for enterprise customers.

Aviva: Operating Profit Jumps 24% While IFRS Profit Falls 49% On £490 Million Of Negative Investment Variances

By Amit Chowdhry ● Aug 21, 2026

Aviva reported a sharp divergence between its underlying and reported profitability during the first half of 2026, with Group operating profit increasing 24% to £1.326 billion from £1.068 billion while IFRS profit for the period fell 49% to £418 million from £819 million.

CtrlS Datacenters Secures $26.1 Million From Nikhil Kamath And Sreeram Reddy Vanga As Pipeline Reaches 4.4 GW

By Amit Chowdhry ● Aug 21, 2026

CtrlS Datacenters has secured approximately $26.1 million in investment from Indian entrepreneurs Nikhil Kamath and Sreeram Reddy Vanga as the company expands its data center platform to support growing AI, cloud and digital infrastructure demand. Kamath invested approximately $20.9 million in CtrlS, while Vanga invested approximately $5.2 million.