Archives

Performance Food Group: Free Cash Flow Jumps 46% Past $1 Billion As CapEx Falls $122 Million

By Amit Chowdhry ● Aug 12, 2026

Performance Food Group generated more than $1 billion of free cash flow in fiscal 2026, an increase of approximately 46% from the prior year, as stronger operating cash generation combined with a $121.9 million reduction in capital expenditures.

Pan American Silver: Realized Silver Price More Than Doubles To $70.97 As Free Cash Flow Reaches $344 Million

By Amit Chowdhry ● Aug 12, 2026

Pan American Silver's average realized silver price more than doubled year-over-year to $70.97 per ounce during the second quarter of 2026, helping drive attributable free cash flow to $344 million as higher precious metal prices and stronger silver production boosted financial results.

Bio-Techne: GAAP Operating Income Surges 146% As Adjusted Profit Growth Remains Modest

By Amit Chowdhry ● Aug 12, 2026

Bio-Techne's full-year GAAP operating income surged 146% during fiscal 2026, even as adjusted operating income increased only 1%, highlighting the substantial impact that impairment charges, litigation items and asset recoveries had on the life sciences company’s year-over-year reported results.

Trimble: ARR Reaches Record $2.51 Billion As Subscription And Services Revenue Tops $640 Million

By Amit Chowdhry ● Aug 12, 2026

Trimble's annualized recurring revenue reached a record $2.51 billion during the second quarter of 2026 as the technology company continued shifting its business toward subscription and services revenue and expanding connected workflows across construction, geospatial and transportation markets.

Amcor: Berry Acquisition Adds About $7.9 Billion Of Revenue As Adjusted EBITDA Surges 68%

By Amit Chowdhry ● Aug 12, 2026

Amcor's acquisition of Berry Global substantially increased the packaging company's scale during fiscal 2026, adding approximately $7.9 billion of acquired sales net of divestitures as full-year revenue increased 57% to $23.5 billion and Adjusted EBITDA surged 68% to $3.67 billion.

Cerebras: Data Center Capacity Tops 600 MW As Manufacturing Capacity Targets More Than 10x Expansion

By Amit Chowdhry ● Aug 12, 2026

Cerebras Systems is rapidly expanding the physical infrastructure supporting its AI inference business, with more than 600 megawatts of data center capacity now live or under contract for delivery by the end of 2027 and manufacturing capacity expected to increase more than 10x during 2026.

Cisco: AI Infrastructure Revenue Targets $7.5 Billion After Hyperscaler Orders Reach $9.3 Billion

By Amit Chowdhry ● Aug 12, 2026

Cisco expects AI infrastructure revenue from hyperscalers to reach approximately $7.5 billion in fiscal 2027 after securing $9.3 billion of orders during fiscal 2026, highlighting the growing importance of artificial intelligence infrastructure to the networking company's business.

Coherent: AI Demand Pushes Q1 Revenue Target To $2.3 Billion As Manufacturing Capacity Expands

By Amit Chowdhry ● Aug 12, 2026

Coherent expects fiscal first-quarter 2027 revenue of $2.2 billion to $2.4 billion, putting the midpoint at $2.3 billion, as accelerating artificial intelligence data center demand drives the photonics company to expand manufacturing capacity.

Palette Raises €3 Million Pre-Seed Round Led By Ugly Duckling For AI-Native Team Operating System

By Amit Chowdhry ● Aug 12, 2026

Palette has raised €3 million in pre-seed funding to build an operating system designed for AI-native teams. The round was led by Ugly Duckling Ventures, with participation from Emblem and Acadian Ventures.

Silicon Data Raises $30.5 Million Series A Led By Valor Atreides AI Fund To Build AI Compute Benchmark Infrastructure

By Amit Chowdhry ● Aug 12, 2026

Silicon Data has raised an initial $30.5 million closing of its Series A financing to expand its independent pricing, performance and market intelligence infrastructure for the AI compute economy.

LTP Invests In Digital Prime Technologies To Expand Tokenet Across Asia-Pacific

By Amit Chowdhry ● Aug 12, 2026

Digital Prime Technologies has secured a strategic investment from LTP, a global institutional digital asset prime brokerage, to accelerate the Asia-Pacific expansion of Tokenet, its institutional digital and tokenized asset lending platform. Financial terms of the investment were not disclosed.

ClearJet Raises $25 Million Growth Investment Led By Edison Partners To Scale AI-Powered SuperCarrier Network

By Amit Chowdhry ● Aug 12, 2026

ClearJet has raised a $25 million growth equity investment led by Edison Partners to expand its AI-powered parcel logistics platform and SuperCarrier delivery network. Returning investors Venture53, Origin Ventures, Salt VC and SpringTime Ventures also participated. ClearJet’s existing investor base includes Sky VC, formerly JetBlue Ventures, and Tandem Ventures. The financing brings ClearJet’s total capital raised to more than $40 million.

XiFin Invests In Notable Systems As Companies Form Multi-Year Agentic AI Alliance For Healthcare RCM

By Amit Chowdhry ● Aug 12, 2026

XiFin, a provider of AI-driven revenue cycle management solutions, has made a strategic investment in Notable Systems as part of the healthcare automation company’s Series B financing. The investment accompanies a multi-year strategic AI alliance focused on developing purpose-built agentic AI capabilities for healthcare revenue cycle management.

Chatham Financial Secures Strategic Investment From Vikram S. Pandit, Atairos, And GIC

By Amit Chowdhry ● Aug 12, 2026

Chatham Financial has entered into a definitive strategic investment agreement with Vikram S. Pandit, chairman and CEO of The Orogen Group, Atairos, and GIC. Each investor will become a long-term capital partner in the independent capital markets advisory firm. Chatham’s employees will continue to hold majority ownership of the company following the investment.

Alta Smiles Raises Series Seed Extension Led By Run Ventures As C5 Hidden Orthodontics Gains Traction

By Amit Chowdhry ● Aug 12, 2026

Alta Smiles, a developer of orthodontic technology, has completed a Series Seed extension financing round as the company expands commercialization of its C5 Hidden Orthodontics system. The amount raised was not disclosed.

Plus500: Prediction Markets And Futures Business Targets $140 Million Annualized Revenue As Non-OTC Sales Grow 30%

By Amit Chowdhry ● Aug 12, 2026

Plus500's non-OTC business is on track to generate approximately $140 million of annualized revenue in fiscal 2026 as revenue from futures, prediction markets and share dealing grows approximately 30% year-over-year.

Entravel Group Raises $7.5 Million To Expand Travel Infrastructure Beyond Crypto Platforms

By Amit Chowdhry ● Aug 12, 2026

Entravel Group has raised $7.5 million to expand its travel technology infrastructure beyond the cryptocurrency sector and into the broader travel and consumer markets. The round included Finality Capital, Joseph Lubin, Ethereal Ventures, GSR Ventures, Varrock, G1 Ventures, Seier Capital, Veris Ventures, FunFair Ventures, and WTG Ventures.

Mindgard Raises $30 Million Series A To Expand AI Security Platform

By Amit Chowdhry ● Aug 12, 2026

Mindgard has raised $30 million in Series A funding to expand its AI security platform as enterprises increase deployment of AI models, agents, and applications. Album VC led the financing, with participation from Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard plans to use the new capital to expand its product, engineering, sales, and marketing operations in response to growing customer demand.

Heaviside Industries Raises $60 Million Series B At $600 Million Valuation And Partners With Nammo

By Amit Chowdhry ● Aug 12, 2026

Heaviside Industries has raised $60 million in Series B funding at a $600 million valuation and formed a strategic partnership with Norwegian defense company Nammo to supply warheads for Heaviside’s precision munitions platforms. Felicis led the financing, with significant participation from Hedosophia. Other investors included Menlo Ventures, Cantos, Flume Ventures, Qstar Capital, Friends & Family Capital, Anorak Ventures, and MVP Ventures. The financing comes three months after Heaviside emerged from stealth.

InduPro Raises $77 Million Series B And Doses First Patient In Phase 1 Study Of IDP-001

By Amit Chowdhry ● Aug 12, 2026

InduPro has raised $77 million in Series B funding and dosed the first patient in a Phase 1 clinical trial evaluating IDP-001, the biotechnology company’s lead oncology candidate. The Column Group led the financing. Existing investors Vida Ventures, MRL Ventures Fund, Emerson Collective advised by Yosemite, and Euclidean Capital participated alongside new investors Solasta Ventures, Sanofi, and Eli Lilly and Company.

CodeRabbit Raises $143 Million Series C At $1.5 Billion Valuation As Revenue Jumps More Than 5X

By Amit Chowdhry ● Aug 12, 2026

CodeRabbit has raised $143 million in Series C funding at a $1.5 billion valuation as the AI code review company expands into what it calls Agentic Change Management. Atomico and Smash Capital co-led the financing. New investors included BMW i Ventures, Datadog, Hirtle Callaghan, SineWave Ventures, and Scenic Management. Existing investors CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners, Harmony Partners, and Engineering Capital also participated. Atomico partner Luca Eisenstecken will join CodeRabbit’s board.

Turnbridge Equities Acquires Skyhouse Raleigh With $62 Million ACORE Capital Mortgage

By Amit Chowdhry ● Aug 12, 2026

Turnbridge Equities has acquired Skyhouse Raleigh, a multifamily community in downtown Raleigh, North Carolina, and plans a comprehensive renovation of the property.

Skan AI Raises $63 Million To Expand Enterprise AI Platform

By Amit Chowdhry ● Aug 12, 2026

Skan AI has raised $63 million in funding to expand its enterprise AI platform, which is designed to provide AI systems with context about how work is actually performed inside organizations. Cathay Innovation and Dell Technologies Capital co-led the funding, with participation from Citi Ventures, Bloomberg Beta, State Farm Ventures, and Wipro Ventures. The financing coincides with the launch of Skan AI’s broader enterprise AI platform and the general availability of Skan AI Blueprint and Skan AI Agents.

Edelman Financial Engines Names Christian Mango Retirement Advisory Practice Leader

By Amit Chowdhry ● Aug 12, 2026

Edelman Financial Engines has appointed Christian Mango as Senior Vice President and Retirement Advisory Practice Leader as the wealth management firm looks to expand its Retirement Plan Services business.

Amynta Group To Acquire Southern States Underwriters And SSC Insurance Agency

By Amit Chowdhry ● Aug 12, 2026

Amynta Group has agreed to acquire Southern States Underwriters and SSC Insurance Agency, collectively representing the insurance operations of Southern States Cooperative. The deal remains subject to regulatory approval and is expected to close during the fourth quarter of 2026.

Blacksmith Raises $45 Million Series B At $550 Million Valuation

By Amit Chowdhry ● Aug 12, 2026

Blacksmith has raised $45 million in Series B funding at a $550 million valuation as demand grows for infrastructure that can build, test, and validate increasing volumes of AI-generated code. Peak XV Partners led the round, with existing investors Y Combinator and GV also participating.

WovenEarth Ventures Closes $155 Million Fund II, Bringing AUM To Over $330 Million

By Amit Chowdhry ● Aug 12, 2026

WovenEarth Ventures has closed its second investment fund with $155 million in commitments, bringing the firm’s total assets under management to more than $330 million. The final close of WovenEarth Fund II occurred on May 29, 2026. The fund is focused on early-stage cleantech companies operating across energy, industry, resilience, and related markets.

Bridge To Life Raises $110 Million Series C And Debt Financing Led By Soleus Capital

By Amit Chowdhry ● Aug 12, 2026

Bridge to Life has raised $110 million through a combination of Series C equity and debt financing to accelerate commercialization of its VitaSmart Hypothermic Oxygenated Perfusion System and advance its organ transplantation technology pipeline. New investor Soleus Capital led the equity financing alongside Lauxera Capital Partners and Bridge to Life directors, officers, and employees. Soleus Capital Credit Opportunities Fund provided the debt financing.

Streamside RV Resorts & Campgrounds Acquires Sandy Pines Campground As Portfolio Reaches 40 Properties

By Amit Chowdhry ● Aug 12, 2026

Streamside RV Resorts & Campgrounds has acquired Sandy Pines Campground in Kennebunkport, Maine, bringing its national outdoor hospitality portfolio to 40 properties. The acquisition of the 46-acre coastal campground was completed through a court-approved sale process. Streamside said the deal supports its strategy of acquiring experience-focused outdoor hospitality properties in supply-constrained leisure destinations.

Alchemy Expands Leadership Following Ease Learning Acquisition And Achieve Partners Investment

By Amit Chowdhry ● Aug 12, 2026

Alchemy, a unit of Nectar Learning, has expanded its executive leadership team and board following its acquisition of Ease Learning and a strategic investment from Achieve Partners. The company is positioning itself as a tech-enabled, product-led provider of career-connected learning and internship services for higher education.