Archives

nLIGHT Awarded Up To $627 Million Joint Laser Weapon System Contract

By Amit Chowdhry ● Yesterday at 6:02 PM

nLIGHT announced it has been selected for a Joint Laser Weapon System (JLWS) Other Transaction Authority agreement supporting the U.S. Department of War’s next-generation cruise missile defense architecture. The contract includes an initial award of $44 million, with a total program ceiling of up to $627 million, including follow-on development, integration, and potential production.

Kikoff Acquires The Service Bureau Technology To Expand Enterprise Credit Infrastructure Platform

By Amit Chowdhry ● Yesterday at 4:34 PM

Kikoff announced it has acquired the technology, customer relationships, and other key assets of The Service Bureau (TSB), a provider of credit reporting and data furnishing solutions used by more than 1,000 organizations across the credit ecosystem. Financial terms of the transaction were not disclosed.

Shore Capital Acquires ThrivePass To Expand Employee Benefits Technology Platform

By Amit Chowdhry ● Yesterday at 4:33 PM

Shore Capital Partners has acquired ThrivePass, a Denver-based employee benefits technology company, in a deal designed to accelerate the growth of ThrivePass’ platform and expand its reach among employers. Financial terms of the transaction were not disclosed.

LTC Properties Expands SHOP Portfolio With $73 Million Acquisition Of Two Senior Housing Communities

By Amit Chowdhry ● Yesterday at 4:32 PM

LTC Properties announced it has acquired two seniors housing operating portfolio (SHOP) communities in Colorado and New Mexico for a combined purchase price of $73 million, expanding its SHOP portfolio to 36 properties.

York Space Systems Completes $300 Million Acquisition Of ALL.SPACE

By Amit Chowdhry ● Yesterday at 4:32 PM

York Space Systems announced that it has completed its previously announced acquisition of ALL.SPACE, a provider of advanced satellite communications terminals and multi-network connectivity solutions, in a deal valued at approximately $300 million. Following the transaction, ALL.SPACE will operate as a wholly owned subsidiary of York.

Enterprise Risk Associates Acquires Insurance Solutions of America To Expand Specialty Commercial Insurance Capabilities

By Amit Chowdhry ● Yesterday at 4:31 PM

Enterprise Risk Associates (ERA) announced that it acquired Insurance Solutions of America (ISOA), a national commercial insurance brokerage and risk management consulting firm, on May 8, 2026. Financial terms of the transaction were not disclosed.

Kuehnle AgroSystems Raises Multi-Million-Dollar Series B To Scale Sustainable Natural Astaxanthin Production

By Amit Chowdhry ● Yesterday at 4:29 PM

Kuehnle AgroSystems (KAS), an algal biotechnology company developing sustainable natural astaxanthin through proprietary dark fermentation technology, announced the closing of a multi-million-dollar Series B financing round. The round was led by IVC, with continued participation from existing investors S2G Investments and Hatch Blue, alongside new investor Dest EOOD.

Floqer Raises $2 Million Pre-Seed To Expand Autonomous Customer Knowledge Platform For GTM Teams

By Amit Chowdhry ● Yesterday at 4:29 PM

Floqer, an AI startup building an autonomous customer knowledge base for go-to-market (GTM) teams, announced it has raised $2 million in pre-seed funding. The round included participation from Perplexity's F7 Fund, N49P, Tidal Venture Partners, and Perplexity co-founder Denis Yarats.

Polysense Raises $10.7 Million Seed Round To Scale AI-Powered Food Manufacturing Quality Control

By Amit Chowdhry ● Yesterday at 4:26 PM

Belgian food technology company Polysense announced it has raised $10.7 million in an oversubscribed seed funding round to accelerate the adoption of its AI-powered quality control and process optimization platform for food manufacturers. The round was led by Felix Capital, with participation from Fortino Ventures and angel investors including Syndicate One and 100IN.

Micron Raises Planned U.S. Investment To More Than $250 Billion Through 2035

By Amit Chowdhry ● Yesterday at 4:23 PM

Micron Technology announced that it is accelerating its planned U.S. fab and technology investments and increasing its expected spending to more than $250 billion through 2035. The expanded investment is driven by rising demand for memory in the AI era.

Fleek Raises $25 Million Series B To Modernize The Global Secondhand Clothing Supply Chain

By Amit Chowdhry ● Yesterday at 4:14 PM

Fleek, a technology company modernizing the global secondhand clothing supply chain, announced that it has raised $25 million in Series B funding to accelerate the development of its AI-powered platform and expand its global marketplace for used apparel.

Principal Industries Buying GENLED Brands

By Amit Chowdhry ● Yesterday at 4:12 PM

Principal Industries, a leading provider of LED components and engineered assemblies backed by private equity firm Wynnchurch Capital, has acquired GENLED Brands in a move that expands its capabilities in signage and architectural illumination. Financial terms of the transaction were not disclosed.

MBV Investments Launches With $3 Billion In Initial Commitments

By Amit Chowdhry ● Yesterday at 4:09 PM

MBV Investments LP, a Jersey Expert Fund regulated by the Jersey Financial Services Commission, announced that it has secured $3 billion in initial limited partner commitments, led by a $2.5 billion capital commitment from the Al Mazroui Group as its anchor investor.

Serent Capital Raises Oversubscribed $1.3 Billion Fund VI

By Amit Chowdhry ● Yesterday at 4:03 PM

Serent Capital announced the successful closing of Serent Capital VI, L.P. with $1.3 billion in investor commitments. The fund is the firm's largest to date and was significantly oversubscribed, bringing Serent's total capital commitments raised to more than $5 billion.

Envestnet And Vanguard Expand Partnership To Deliver Tax-Efficient Investment Solutions For Financial Advisors

By Amit Chowdhry ● Yesterday at 4:01 PM

Envestnet announced an expanded strategic relationship with Vanguard to provide financial advisors with scalable, tax-efficient investment solutions by combining Vanguard's Advisor's Alpha® framework and model portfolios with Envestnet's Adaptive WealthTech platform.

Alchemab Raises £25 Million Extension to Series A to Advance AI-Driven Antibody Pipeline

By Amit Chowdhry ● Yesterday at 3:58 PM

Clinical-stage biotechnology company Alchemab Therapeutics announced a £25 million (approximately $34 million) extension to its Series A financing from the British Business Bank. The investment marks the largest life sciences investment made by the British Business Bank to date and increases Alchemab’s total Series A funding to £109 million.

Ollama Raises $65 Million In Series B Funding To Expand Its Open-Source AI Platform

By Amit Chowdhry ● Yesterday at 3:54 PM

Ollama, the developer platform for open AI models, announced that it has raised $65 million in Series B funding led by Theory Ventures, with participation from Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund, and other investors and angel backers. The latest financing brings the company’s total funding to $88 million. Benchmark previously led Ollama’s Series A round, and Benchmark General Partner Peter Fenton serves on the company’s board.

I Squared Capital To Acquire Milestone Environmental From SK Capital

By Amit Chowdhry ● Yesterday at 3:51 PM

I Squared Capital announced it has entered into a definitive agreement to acquire Milestone Environmental, a leading independent environmental infrastructure company specializing in waste management solutions for the energy and industrial sectors, from SK Capital Partners. Financial terms of the transaction were not disclosed.

Gryphon Strategies Expands Investment Intelligence Capabilities With BIA Team Addition

By Amit Chowdhry ● Yesterday at 3:49 PM

Gryphon Strategies, a global provider of due diligence, investigations, and business intelligence services, announced the addition of Business Intelligence Advisors’ (BIA) Investment Intelligence team. The move expands Gryphon’s Business Intelligence practice by adding specialized human intelligence capabilities that complement its global investigative platform.

Lumen Completes Alkira Acquisition To Expand AI-Era Networking Platform

By Amit Chowdhry ● Yesterday at 3:47 PM

Lumen Technologies announced it has completed its acquisition of Alkira, an on-demand networking platform that enables enterprises to connect clouds, sites, partners, and AI workloads through a unified software platform. The deal combines Alkira’s cloud-native networking technology with Lumen’s fiber infrastructure and programmable network to simplify enterprise networking across cloud, hybrid, and AI environments.

Principal To Acquire Beam Benefits, Expanding Employee Benefits Platform For Small Businesses

By Amit Chowdhry ● Yesterday at 3:46 PM

Principal Financial Group announced an agreement to acquire Beam Benefits, a digitally native employee benefits company serving more than 25,000 small businesses. The acquisition is designed to strengthen Principal’s position in the small and midsized business (SMB) market by expanding its specialty benefits offerings and enhancing its technology capabilities.

Endeavor’s SOVA Acquires Unified Connection To Expand Verizon Enterprise Connectivity Platform

By Amit Chowdhry ● Yesterday at 3:44 PM

Endeavor Managed Services and its wholly owned subsidiary SOVA have acquired Royal Capital LLC, doing business as Unified Connection (UCX), the largest Verizon-exclusive enterprise business agent and contact center partner in the United States. Financial terms of the transaction were not disclosed.

CleanCore Solutions Closes First AI Data Center Project With 200 MW West Texas Campus

By Amit Chowdhry ● Yesterday at 3:41 PM

CleanCore Solutions announced it has completed the acquisition of its first AI infrastructure project through a partnership with HST Technologies, marking the company's entry into the data center market as it pivots toward supporting the growing AI economy.

Otovo Closes $7.25 Million Financing Round To Fund Green Panel Acquisition And Global Expansion

By Amit Chowdhry ● Yesterday at 3:39 PM

Otovo announced it has closed a $7.25 million private placement financing round, bringing the company's total capital raised over the past nine months to approximately $34 million. The new funding will primarily support Otovo's planned acquisition of Green Panel Solar Energy Systems Ltd., a leading behind-the-meter energy services provider in Israel, while also funding continued investments in the company's AI-powered energy platform.

Databento Raises $97 Million Series B To Expand Global Market Data Infrastructure

By Amit Chowdhry ● Yesterday at 3:37 PM

Databento, a market data platform for financial institutions, announced it has raised $97 million in Series B funding in a round led by New Enterprise Associates (NEA), with participation from DRW Venture Capital, Redpoint Ventures, Tribe Capital, and other strategic and existing investors. The financing was significantly oversubscribed, attracting more than $300 million in investor demand.

MITS Capital Invests In Dropla Tech To Scale Edge-AI Defense Systems And Unmanned Ground Vehicles

By Amit Chowdhry ● Yesterday at 3:36 PM

MITS Capital announced an investment in Dropla Tech, a Danish-Ukrainian defense technology company developing edge-AI explosive threat detection systems and unmanned ground vehicles (UGVs). Financial terms of the investment, including the company's valuation, were not disclosed.

QIZ Security Raises $17 Million Seed Round To Advance Post-Quantum Cybersecurity Platform

By Amit Chowdhry ● Yesterday at 3:35 PM

QIZ Security announced it has raised $17 million in seed funding to accelerate the development and expansion of its cryptographic posture and Post-Quantum Cryptography (PQC) management platform. The round was led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital.

Tarsus Acquires iRenix Medical To Expand Eye Care Pipeline With Late-Stage IRX-101

By Amit Chowdhry ● Yesterday at 3:33 PM

Tarsus Pharmaceuticals announced it has acquired clinical-stage ophthalmic biotechnology company iRenix Medical, adding late-stage investigational therapy IRX-101 to its eye care pipeline. The deal strengthens Tarsus’ presence in retinal disease while expanding beyond its commercial product XDEMVY into therapies designed to improve the patient experience during vision-preserving procedures.

Marex Acquiring Bright Point International To Expand Its Asia-Pacific Clearing Business

By Amit Chowdhry ● Yesterday at 3:33 PM

Marex Group announced it has agreed to acquire Bright Point International (BPI), a Singapore-based clearing business, in a move designed to strengthen its presence across the Asia-Pacific region and expand client access to Chinese financial markets.

Roadzen To Acquire European Car Rental Insurance MGA In $15 Million Deal

By Amit Chowdhry ● Yesterday at 3:30 PM

Roadzen announced it has signed a definitive agreement to acquire a leading technology-driven European managing general agent (MGA) specializing in short-term car rental insurance. The transaction is valued at approximately $15 million and is expected to strengthen Roadzen's AI-powered insurance platform while expanding its presence in the European mobility insurance market.