Archives

xLight Finalizes $150 Million CHIPS Incentives Agreement

By Amit Chowdhry ● Jun 2, 2026

xLight, an American company developing high-power laser systems for the semiconductor industry, announced it has signed a final award agreement for $150 million in federal incentives under the CHIPS and Science Act with the U.S. Department of Commerce and the National Institute of Standards and Technology (NIST).

White Oak Commercial Finance And Hilco Global: $192 Million Credit Facility Supports Royal Cup Acquisition Of Farmer Brothers

By Amit Chowdhry ● Jun 2, 2026

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, announced the closing of a $192 million senior secured credit facility for Royal Cup Coffee and Tea, a national provider of beverage and equipment solutions. The financing package includes a $155 million revolving credit facility and a $37 million term loan.

Wealthspire’s Ground Control Acquires Arena Wealth To Expand UK Presence And Professional Golf Services

By Amit Chowdhry ● Jun 2, 2026

Wealthspire, an independent wealth management, institutional advisory, and business management firm, announced that its Ground Control Business Management division has acquired Arena Wealth, a UK-based business management firm specializing in serving professional golfers.

Align Technology Awards $300,000 In Research Grants To Advance Orthodontic And Dental Research

By Amit Chowdhry ● Jun 2, 2026

Align Technology announced the recipients of its fifteenth Annual Research Award Program, awarding a total of $300,000 in research grants to 12 universities across the Americas, Europe, and Asia Pacific. The program is designed to support academic research that advances orthodontic and dental science while contributing to future innovations in clinical treatment.

WhiteHawk Capital Partners Closes $390 Million Refinancing For The Star Entertainment Group

By Amit Chowdhry ● Jun 2, 2026

WhiteHawk Capital Partners, a private credit investment manager focused on asset-based financing solutions, announced the closing of a US$390 million senior secured financing for The Star Entertainment Group. The transaction provides additional liquidity to The Star while refinancing certain existing debt obligations.

IMU Biosciences Raises Over $53 Million Series A To Advance Immune System Decoding Platform

By Amit Chowdhry ● Jun 2, 2026

IMU Biosciences, a biotechnology company focused on decoding the immune system at unprecedented resolution and scale, announced that it has expanded its Series A financing to more than $53 million (£40 million) through an oversubscribed round co-led by IQ Capital and Molten Ventures, with support from the British Business Bank, Meltwind, and existing investors.

Blackstone Raises $13.1 Billion For Largest Asia Private Equity Fund

By Amit Chowdhry ● Jun 2, 2026

Blackstone announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at $13.1 billion, surpassing its $10 billion target and becoming the firm's largest private equity fundraise in Asia. The fund was oversubscribed, reached its hard cap, and raised more than double the capital of its predecessor vehicle.

IQM Raises $146 Million PIPE Ahead Of Public Listing Through SPAC Merger

By Amit Chowdhry ● Jun 2, 2026

IQM Finland Oy, a global leader in full-stack superconducting quantum computers, announced that it has increased commitments to its PIPE financing to more than $146 million in connection with its planned business combination with Real Asset Acquisition Corp.

Blue Cloud Ventures Closes Fifth Fund And Expands AI-Focused Investment Strategy

By Amit Chowdhry ● Jun 2, 2026

Blue Cloud Ventures (BCV), a venture growth firm focused on enterprise software companies, announced the final close of its fifth fund, Blue Cloud Ventures V (BCV V), bringing the firm's assets under management to more than $1 billion. The new fund reinforces BCV’s commitment to investing in enterprise software businesses positioned to benefit from the rapid adoption of artificial intelligence.

Ilant Health Raises $15 Million Series A To Expand AI-Enabled, Value-Based Obesity Care

By Amit Chowdhry ● Jun 2, 2026

Ilant Health, a value-based obesity treatment company that works with employers and health plans to improve clinical outcomes while reducing the total cost of care, announced that it has raised $15 million in Series A funding. The financing brings the company’s total funding to more than $22 million to date.

Contraline Raises $92.5 Million Series B To Advance Male Contraceptive NES/T Gel Into Late-Stage Development

By Amit Chowdhry ● Jun 2, 2026

Contraline, a clinical-stage biopharmaceutical company developing novel male contraceptives, announced the closing of a $92.5 million Series B financing round. The financing was co-led by BVF Partners L.P. and RA Capital Management, with participation from GV, Lumira Ventures, Invus, and other new and existing investors.

Subtle Medical Raises $33 Million Growth Financing Led By Morgan Stanley Expansion Capital

By Amit Chowdhry ● Jun 2, 2026

Subtle Medical, an AI-powered medical imaging software company, announced a $33 million growth financing round led by Morgan Stanley Expansion Capital, the growth investment platform of Morgan Stanley Investment Management. The round also included participation from Shinhan Venture Investment and existing investors Fusion Fund, EnvisionX, BRV, and Samsung Ventures, bringing the company’s total funding to $86 million.

The Ryl Company Raises $20 Million Series C To Accelerate Growth In Modern Tea Category

By Amit Chowdhry ● Jun 2, 2026

The Ryl Company, the parent company of fast-growing iced tea brand Ryl Tea, announced the closing of a $20 million Series C growth equity financing round led by Purchase Capital through its Ryl Growth Partners SPV. The funding will support the company’s next phase of expansion, including broader retail and Direct Store Delivery (DSD) distribution, new product innovation, and investments across operations, sales, and brand-building efforts.

Phosio Raises $4 Million Seed Round To Advance Affordable AR/AI Glasses

By Amit Chowdhry ● Jun 2, 2026

Phosio announced the closing of a $4 million seed financing round to accelerate commercialization of its thin-film materials platform for next-generation AR/AI glasses. The round was led by MESH, with participation from Sierra Ventures, TEL Venture Capital, Silicon Catalyst Ventures, Willamette Valley Capital, and Silicon Catalyst Angels.

MissionWired Acquires BWF To Form BWF Zuri And Expand Nonprofit Fundraising And Technology Expertise

By Amit Chowdhry ● Jun 2, 2026

MissionWired, a premier nonprofit fundraising firm, announced the acquisition of BWF, a provider of campaign strategy, donor engagement, analytics, and technology transformation services for higher education, healthcare, and nonprofit organizations. As part of the transaction, BWF will join forces with Zuri Group under the MissionWired umbrella to create BWF Zuri, a combined organization focused on helping nonprofits strengthen fundraising performance through integrated strategy, technology, and donor engagement capabilities.

B&G Foods Announces Proposed $475 Million Senior Notes Offering Due 2031

By Amit Chowdhry ● Jun 2, 2026

B&G Foods announced its intention to offer $475 million in aggregate principal amount of senior notes due 2031 in a private transaction exempt from registration under the Securities Act of 1933. The senior notes will be guaranteed on a senior unsecured basis by certain domestic subsidiaries of the company.

Columbia Distributing Announces Strategic Investment In Hayden Beverage To Expand Pacific Northwest Platform

By Amit Chowdhry ● Jun 2, 2026

Columbia Distributing announced that it has entered into a letter of intent (LOI) to acquire a stake in Hayden Beverage Company, a family-owned beverage distributor based in Idaho. The proposed investment is designed to expand the companies' Pacific Northwest beverage platform across Alaska, Idaho, Oregon, and Washington.

Cherry Bekaert Acquires Calvetti Ferguson To Expand Texas And Nashville Presence

By Amit Chowdhry ● Jun 2, 2026

Cherry Bekaert, a national professional services firm, announced the acquisition of Calvetti Ferguson, P.C., a Houston-headquartered accounting and advisory firm with additional offices in Dallas/Fort Worth, San Antonio, and Nashville. The transaction significantly expands Cherry Bekaert’s presence across Texas while strengthening its position in the Nashville market.

One Roof Sports And Entertainment Adds Melinda French Gates As Minority Investor

By Amit Chowdhry ● Jun 2, 2026

One Roof Sports and Entertainment, the parent organization of the Seattle Kraken and Climate Pledge Arena, announced that philanthropist and businesswoman Melinda French Gates will join the organization as its newest minority investor, pending NHL approval.

Waypoint Bio Raises $20 Million Series A To Advance AI-Designed Cell Therapies Toward The Clinic

By Amit Chowdhry ● Jun 2, 2026

Waypoint Bio, an AI-native biotechnology company focused on developing next-generation CAR T therapies for solid tumors using spatial biology and artificial intelligence, announced the closing of a $20 million Series A financing round. The funding round was led by Amplify Partners. Additional participation came from General Catalyst, Time BioVentures, Mitsui Global Investments, Lux Capital, and existing investor Hummingbird Ventures. As part of the financing, Amplify Partners Partner Elliot Hershberg will join Waypoint Bio’s board of directors.

New Jersey American Water Completes Acquisition Of Montague Sewer & Water Systems

By Amit Chowdhry ● Jun 2, 2026

New Jersey American Water, a subsidiary of American Water Works Company, announced the completion of its acquisition of the water and wastewater systems of Montague Sewer & Water Company in New Jersey from Nexus Regulated Utilities, a subsidiary of Nexus Water Group.

SignalPlus Raises $50 Million At $500 Million Valuation To Expand Trading Infrastructure And Launch AI-Powered Platform

By Amit Chowdhry ● Jun 2, 2026

SignalPlus, a Hong Kong-based provider of institutional digital asset options and derivatives trading infrastructure, announced the closing of a $50 million Series B1 funding round at a post-money valuation of $500 million. The round was led by HashKey Capital, with follow-on participation from BlockBooster and AppWorks. Goldman Sachs served as the sole financial advisor on the transaction.

Vertice Acquires Vendr To Create Procurement Intelligence Datasets And Advance Autonomous AI Negotiation

By Amit Chowdhry ● Jun 2, 2026

Vertice, an AI-powered procurement platform, announced the acquisition of Vendr, a U.S.-based software pricing intelligence company. The transaction brings together two companies focused on procurement technology and creates what Vertice describes as the world's largest procurement intelligence dataset.

Robo.ai Completes Neurovia AI Acquisition To Strengthen AI Software Infrastructure Strategy

By Amit Chowdhry ● Jun 2, 2026

Robo.ai announced the completion of its acquisition of Neurovia AI, acquiring 100% of the company's equity and making it a wholly owned subsidiary. The deal marks a significant step in Robo.ai's strategy to expand its AI software capabilities and establish a stronger foundation in AI data infrastructure.

Maxwell Power Raises $750 Million To Finance Battery Storage And Solar Power Projects

By Amit Chowdhry ● Jun 2, 2026

Maxwell Power announced the closing of a $750 million investment commitment from Fairtide Partners to finance battery storage and solar power projects. The new commitment increases Fairtide's total investment commitment to more than $1 billion for projects developed by Maxwell.

Venture Global LNG: $2.25 Billion Senior Secured Notes Offering Announced

By Amit Chowdhry ● Jun 2, 2026

Venture Global announced that its wholly owned subsidiary, Venture Global LNG, intends to offer $2.25 billion in aggregate principal amount of senior secured notes due 2034 and 2036 through a private offering to qualified institutional buyers under Rule 144A of the Securities Act.

CI Global Asset Management Completes Acquisition Of C$27 Billion Invesco Canada Fund Business

By Amit Chowdhry ● Jun 2, 2026

CI Global Asset Management (CI GAM) and Invesco announced the completion of CI GAM’s acquisition of the management agreements relating to Invesco’s Canadian fund business, adding approximately C$27 billion in assets under management and significantly expanding CI GAM’s presence in the Canadian investment fund market.

Nexus IT Acquires TecServ As 11th Deal To Expand Industrial Technology Services

By Amit Chowdhry ● Jun 2, 2026

Nexus IT announced the acquisition of TecServ Inc., a Salt Lake City-based industrial technology services firm, marking the company's 11th acquisition as it continues its effort to become one of the top 10 managed service providers (MSPs) and managed security service providers (MSSPs) in the United States.

Microsoft Unveils Wave Of AI Tools And Platforms At Build 2026

By Amit Chowdhry ● Jun 2, 2026

Microsoft used its Build 2026 developer conference in San Francisco to announce a sweeping set of artificial intelligence products and platforms, signaling the company's most aggressive push yet into the agentic AI era. The announcements spanned in-house AI models, new search infrastructure for AI agents, an AI behavior testing framework, a next-generation device platform, and an always-on personal work agent, collectively painting a picture of a company repositioning itself from a software provider to an AI-native enterprise.

SupplyOne Acquires Compass Packaging Solutions To Expand New England Presence

By Amit Chowdhry ● Jun 2, 2026

SupplyOne announced the acquisition of Compass Packaging Solutions, a Massachusetts-based packaging solutions provider, strengthening its footprint in New England and expanding its capabilities in protective packaging, warehousing, fulfillment, and distribution services.