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IBM To Buy Cognitus For Advancing Global SAP Transformations

By Amit Chowdhry ● Oct 19, 2025

IBM has announced that it has signed a definitive agreement to acquire Cognitus, a leading SAP S/4HANA services provider known for its industry-specific, AI-powered solutions. The acquisition will expand IBM’s SAP transformation capabilities worldwide, combining Cognitus’s software assets and expertise with IBM’s AI-driven consulting approach to deliver more efficient, data-driven enterprise transformations.

Veradermics: $150 Million Series C Raised For Advancing Late-Stage Trials Of VDPHL01

By Amit Chowdhry ● Oct 19, 2025

Veradermics, a dermatologist-founded, late clinical-stage biopharmaceutical company developing first-in-class treatments for common dermatologic conditions, has announced the completion of an oversubscribed $150 million Series C financing round. The funding round was led by SR One, with participation from major life sciences investors including Viking Global Investors, Marshall Wace, Invus, abrdn Inc., Columbia Threadneedle Investments, Infinitium, LifeSci Venture Partners, and returning investors Longitude Capital, Suvretta Capital Management, and Surveyor Capital (a Citadel company), among others.

MGT: $21.6 Million Secured For AI-Native Neo-Insurer Platform

By Amit Chowdhry ● Oct 19, 2025

MGT, a vertically AI-native neo-insurer designed to modernize commercial property and casualty (P&C) insurance for small businesses, announced the successful closing of a $21.6 million oversubscribed Series B funding round. The round was led by Mubadala Capital, with participation from Clocktower Ventures, Tacora Capital, and existing investors.

The Arena Group Buying ShopHQ, Expanding Into Data-Driven E-Commerce and Social Selling

By Amit Chowdhry ● Oct 19, 2025

The Arena Group Holdings has announced the acquisition of the intellectual property of ShopHQ from IV Media, LLC, marking a significant expansion into e-commerce, data syndication, and interactive social selling. The deal revives the legacy of the 35-year-old shopping brand with a new focus on leveraging first-party data, content integration, and creator-led commerce to drive audience engagement and advertiser value.

Mammoth Brands To Buy Premium Baby Care Company Coterie

By Amit Chowdhry ● Oct 19, 2025

Mammoth Brands, the consumer packaged goods (CPG) company behind Harry’s, Flamingo, Lume, and Mando, has announced that it has signed a definitive agreement to acquire Coterie, the fast-growing premium baby care and diapering brand known for its high-performance, clean, and safe products for babies.

Merck To Buy JSR Life Sciences’ Chromatography Business

By Amit Chowdhry ● Oct 19, 2025

Merck, a leader in science and technology, has announced that it has entered into a definitive agreement to acquire the chromatography business of JSR Life Sciences, a leading provider of contract development, manufacturing, and bioprocessing solutions.

Accenture Buying UK-Based Tech And AI Consulting Firm Decho

By Amit Chowdhry ● Oct 19, 2025

Accenture has announced the acquisition of Decho, a UK-based technology and artificial intelligence consultancy specializing in Palantir solutions. The move reinforces Accenture’s expanding leadership in AI, data, and digital transformation, particularly across healthcare, government, defense, and public service sectors in the UK and globally.

Nova Credit: $35 Million Series D Raised To Advance Growth Of Cash Flow Underwriting Platform

By Amit Chowdhry ● Oct 19, 2025

Nova Credit, a leading credit infrastructure and analytics company, has raised $35 million in a Series D funding round led by Socium Ventures, a VC firm backed by Cox Enterprises. The Series D round included participation from a high-profile group of existing investors, including Canapi Ventures, Kleiner Perkins, General Catalyst, Index Ventures, Y Combinator, NAVentures (the corporate venture capital arm of National Bank of Canada), Harmonic Growth Partners, Radiate Capital, and Gaingels.

Telcoin: $25 Million Secured For Launching First Regulated Digital Asset Bank And Bank-Issued Stablecoin

By Amit Chowdhry ● Oct 19, 2025

Telcoin, a blockchain-based financial services company, announced it has raised $25 million in a pre-Series A funding round to launch Telcoin Digital Asset Bank, which is set to become the first regulated blockchain bank in the United States. The funding enables Telcoin to meet capital requirements for its conditionally approved Nebraska Digital Asset Depository Institution charter, advancing the company’s mission to bridge the $4 trillion blockchain economy with traditional banking.

FlyHouse To Buy Sun Air Jets, Expanding Vertically Integrated Private Aviation Ecosystem

By Amit Chowdhry ● Oct 19, 2025

FlyHouse, a technology-driven private aviation company transforming the jet charter experience, has announced a definitive agreement to acquire Sun Air Jets, a Southern California-based aircraft management and charter operator. The strategic acquisition strengthens FlyHouse’s vertically integrated aviation platform by adding Federal Aviation Administration (FAA) Part 145 Repair Station certification, expanding its managed fleet, and enhancing infrastructure at key West Coast airports.