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Fulcrum Therapeutics And Slate Medicines To Merge With $245 Million Financing And Estimated $270 Million Fulcrum Dividend

By Amit Chowdhry ● Aug 19, 2026

Fulcrum Therapeutics and Slate Medicines have entered into a definitive all-stock merger agreement that will create a Nasdaq-listed biotechnology company focused on next-generation migraine treatments and backed by an oversubscribed $245 million private placement. The combined company will operate as Slate Medicines and is expected to trade under the ticker SLTE.

Aptitude Medical Names Co-Founder JP Wang Co-CEO As Metrix Diagnostics Platform Enters Commercial Growth Phase

By Amit Chowdhry ● Aug 19, 2026

Aptitude Medical Systems has appointed co-founder JP Wang as Co-Chief Executive Officer, formalizing the shared leadership structure he already maintains with co-founder and Co-CEO Scott Ferguson as the molecular diagnostics company expands commercially.

Evolution Metals Targets 10,000 Metric Tons Of Rare Earth Magnet Production Before End Of 2026

By Amit Chowdhry ● Aug 19, 2026

Evolution Metals & Technologies is targeting an annualized production rate of approximately 10,000 metric tons of rare earth permanent magnets before the end of 2026, an aggressive scale-up intended to establish a commercial non-China supply source ahead of new U.S. defense sourcing restrictions.

Yalla Group: MAUs Rise 12.3% To 47.6 Million Despite Decline In Paying Users

By Amit Chowdhry ● Aug 19, 2026

Yalla Group's average monthly active users increased 12.3% to 47.6 million in Q2 2026 from 42.4 million, even as the number of paying users declined to 10.9 million from 11.2 million, widening the gap between audience growth and monetized-user growth across its Middle East and North Africa social and gaming ecosystem.

Rundoo Raises $30 Million Series B, Bringing Total Funding To $48 Million As AI Platform Reaches 500+ Supply Stores

By Amit Chowdhry ● Aug 19, 2026

Rundoo has raised $30 million in Series B financing led by Battery Ventures, bringing total funding to $48 million as the company scales its AI-first operating platform for independent supply stores across the U.S., Canada and the Caribbean. Existing investors Bessemer Venture Partners and CRV also participated in the round.

Pioneer Power Builds $200 Million PRYMUS Quote Pipeline With 80% Tied To Data Centers

By Amit Chowdhry ● Aug 19, 2026

Pioneer Power Solutions has built an active PRYMUS quote pipeline of approximately $200 million, with roughly 80% tied to data-center projects, only months after introducing the distributed prime-power platform.

BitFuFu: Hosting Revenue More Than Triples Even As Overall Quarterly Revenue Falls 63%

By Amit Chowdhry ● Aug 19, 2026

BitFuFu's Q2 2026 hosting and other revenue increased to $3.9 million from $1.1 million, more than tripling year over year even as total company revenue plunged 62.9% amid lower Bitcoin prices and a sharp contraction in cloud-mining activity.

Functional Brands: Gross Margin Jumps 710 Basis Points Despite Volatile Listing

By Amit Chowdhry ● Aug 19, 2026

Functional Brands expanded its Q2 2026 gross margin by approximately 710 basis points to 59.9%, even as the company lost its Nasdaq listing, saw its proposed BullionFX transaction terminated and continued to report substantial operating losses.

Rubico Builds Three-Vessel 2029 Tanker Expansion Pipeline While Preparing Megayacht Sale

By Amit Chowdhry ● Aug 19, 2026

Rubico is building a three-vessel expansion pipeline of 47,499-deadweight-ton MR tankers scheduled for delivery during 2029, while planning to divest a 60-meter megayacht under construction as the shipping company concentrates its capital on its core tanker business.

ENvue Medical: Revenue Jumps 275% As Hospital Adoption Offsets PainShield Production Shutdown

By Amit Chowdhry ● Aug 19, 2026

ENvue Medical's ENvue business generated approximately $184,000 of Q2 2026 revenue, up 275% from $49,000, as expansion of its installed hospital base and growing adoption of the ENvue Navigation Platform partially offset a major production interruption in the company's legacy PainShield and UroShield businesses.

Amaze Holdings Triples Cash Position As Q2 Revenue Rises 32% And Loss Narrows

By Amit Chowdhry ● Aug 19, 2026

Amaze Holdings tripled its cash position to approximately $2.4 million from $800,000 during Q2 2026, while sequential revenue increased 32% and net loss narrowed by approximately $1.2 million, giving the creator-commerce company a stronger balance sheet as it continues a broader restructuring.

KKR Acquires Minority Stake In BookMyShow To Scale Live Entertainment Across India

By Amit Chowdhry ● Aug 19, 2026

KKR has agreed to acquire a minority stake in BookMyShow, one of India's leading entertainment platforms, as the investment firm backs the company's expansion across live entertainment and its broader full-stack entertainment offering. The investment will be made through funds managed by KKR. Financial terms and the size of the minority stake were not disclosed.

NEXGEL Recalls SilverSeal From Amazon To Launch Product Into Higher-Margin Hospital Market

By Amit Chowdhry ● Aug 19, 2026

NEXGEL strategically recalled its entire SilverSeal inventory from Amazon, recording approximately $144,495 of associated Q2 expense as it prepares to reposition the wound-care product for a hospital-market launch that management expects to carry higher gross margins than its existing distribution channels.

20/20 BioLabs: Cancer-Test Revenue Jumps 47% As Firefighter Screening Programs Expand

By Amit Chowdhry ● Aug 19, 2026

20/20 BioLabs reported a 47.1% year-over-year increase in OneTest cancer-screening revenue to approximately $700,000 during Q2 2026 as state-funded firefighter screening programs and broader multi-cancer early detection testing drove higher laboratory volume.

Etched Raises $700 Million At $21 Billion Valuation As Customer Contracts Top $1 Billion And Jane Street Deploys First Rack

By Amit Chowdhry ● Aug 19, 2026

Etched has raised $700 million in new funding at a $21 billion valuation as the AI semiconductor company moves from chip development into customer deployments, with Jane Street becoming its first customer and more than $1 billion of contracts already secured across AI companies and cloud providers. The round was led by Jane Street, with participation from Kleiner Perkins, Sequoia, Andreessen Horowitz, Tiger Global, Bain Capital Ventures, Neo, Primary, Stripes, Positive Sum and Blackstone.

BT Brands Returns To Quarterly Operating Profit Despite Lower Restaurant Sales

By Amit Chowdhry ● Aug 19, 2026

BT Brands returned to quarterly operating profitability in Q2 2026 despite a decline in restaurant sales, generating $117,205 of operating income compared with a $75,121 operating loss in the prior-year quarter.

PAG Reportedly Plans Around $4 Billion Asia Buyout Fund After Returning More Than $7 Billion To Investors

By Amit Chowdhry ● Aug 19, 2026

PAG is preparing to raise a new Asia-focused buyout fund of around $4 billion as the investment firm seeks a more geographically balanced portfolio and tests institutional demand for regional private equity. The fundraising plans were revealed by Reuters, citing people familiar with the matter. PAG has informed limited partners about the planned fundraise, although the final target has not yet been determined.

BONK Revenue Surges As Yerbae And LetsBonk.fun Create New Revenue Streams

By Amit Chowdhry ● Aug 19, 2026

BONK Inc. generated approximately $1.16 million of Q2 2026 revenue, compared with just $44,948 a year earlier, as the addition of Yerbae beverage sales and a revenue-sharing interest in LetsBonk.fun transformed the company's revenue base.

Sphere 3D Targets AI And HPC Conversion Of Bitcoin Mining Power Assets After Cathedra Combination

By Amit Chowdhry ● Aug 19, 2026

Sphere 3D is repositioning parts of its Bitcoin-mining infrastructure for AI and high-performance computing workloads after combining with Cathedra Bitcoin, seeking to capture more economic value from already-energized power capacity rather than using every available megawatt exclusively for cryptocurrency mining.

Sony: Interview With Chief Technology Fellow Hiroaki Kitano About The Sony Women In Technology Award With Nature

By Amit Chowdhry ● Aug 19, 2026

The Sony Women in Technology Award with Nature recognizes early- to mid-career women researchers whose technological work can create a positive impact on society and the planet. Pulse 2.0 interviewed Sony Group Corporation Chief Technology Fellow Hiroaki Kitano to learn more.

ENDRA Life Sciences Swings To Q2 Profit On Digital Asset Gains Ahead Of Noble Africa Merger

By Amit Chowdhry ● Aug 19, 2026

ENDRA Life Sciences reported Q2 2026 net income of approximately $160,000, compared with a $1.2 million loss a year earlier, as roughly $1.6 million of other income from its digital-asset treasury more than offset the company's operating loss ahead of its proposed merger with Noble Africa.

WeTouch Technology: Net Income Jumps 25.5% To $6 Million As Automotive And Medical Touchscreen Demand Grows

By Amit Chowdhry ● Aug 19, 2026

WeTouch Technology reported first-half 2026 net income of $6 million, up 25.5% year over year, as demand increased across its touchscreen portfolio, with automotive and medical applications leading growth.

CEL-SCI Signs Saudi Arabia Multikine Commercialization Deal With 50/50 Net Revenue Split

By Amit Chowdhry ● Aug 19, 2026

CEL-SCI signed an agreement with Saudi Amarox Co. covering the registration, commercialization, and distribution of Multikine in Saudi Arabia, with the companies agreeing to a 50/50 split of net product sales revenue if the investigational cancer therapy receives the required regulatory approvals.

Greenland Mines: Q2 Loss Narrows To $3.7 Million Following Pivot From Biotech Into Mining

By Amit Chowdhry ● Aug 19, 2026

Greenland Mines reported a Q2 2026 net loss of $3.69 million, narrowing from $4.09 million a year earlier, during its first full quarter following the March acquisition that transformed the formerly biotech-focused company into an operator with a major mineral-development platform in Greenland.

Ridgeview Partners To Acquire Pinewood Technologies For £545 Million

By Amit Chowdhry ● Aug 19, 2026

Ridgeview Partners has reached an agreement with the board of Pinewood Technologies Group plc (Pinewood.AI) on a recommended acquisition valued at approximately £545 million. The agreement turns Ridgeview's previously proposed takeover into a firm transaction after a July report said Ridgeview had offered £4.48 per share for Pinewood.AI at the same £545 million valuation.

IGC Pharma Reaches 146-Patient Enrollment Target In Phase 2 Alzheimer’s Agitation Trial

By Amit Chowdhry ● Aug 19, 2026

IGC Pharma reached its previously disclosed 146-patient randomized enrollment target for the Phase 2 CALMA trial evaluating IGC-AD1 for agitation associated with Alzheimer's disease, moving the clinical program closer to database lock, site closeout, and eventual topline analysis.

Merck And Moderna’s Intismeran Plus KEYTRUDA Meets Phase 3 Melanoma Trial Endpoints

By Amit Chowdhry ● Aug 19, 2026

Merck and Moderna announced positive topline results from the Phase 3 INTerpath-001 trial evaluating intismeran autogene in combination with KEYTRUDA (pembrolizumab) as an adjuvant treatment for patients with completely resected Stage IIB-IV melanoma.

Oakley Capital Acquires Majority Stake In Graphwise As AI Knowledge Platform Grows ARR 30%+ Annually

By Amit Chowdhry ● Aug 19, 2026

Oakley Capital has acquired a majority stake in Graphwise, an enterprise AI knowledge platform provider serving more than 200 blue-chip customers, as the private equity firm looks to accelerate the company's international expansion and capitalize on growing demand for trusted data infrastructure supporting artificial intelligence.

Bridgenext Acquires CloudX, Increasing Engineering Headcount By 25% To Expand Enterprise AI Capabilities

By Amit Chowdhry ● Aug 19, 2026

Bridgenext has acquired CloudX, an enterprise AI software company based in Buenos Aires, expanding its AI, data and product engineering capabilities as businesses move from experimental AI projects toward broader enterprise deployments. The acquisition increases Bridgenext’s engineering headcount by 25% and significantly expands the company’s presence in Argentina.

Flip Raises $25 Million To Bring AI To Frontline Workers Across 1,000+ Brands

By Amit Chowdhry ● Aug 19, 2026

Flip has raised $25 million in new funding to expand its AI-native employee experience platform and provide frontline workers with greater access to digital identities, enterprise applications and automated workflows. Existing investors Notion Capital and HV Capital increased their stakes in the company, while L-Bank, the development bank of Baden-Württemberg, joined as a new investor.