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STERIS To Acquire Xodus Medical For $2.1 Billion To Expand Surgical Consumables Portfolio

By Amit Chowdhry ● Oct 12, 2026

STERIS signed a definitive agreement to acquire Xodus Medical, a Pennsylvania-based specialty surgical products company focused on patient and operating room staff safety, for $2.1 billion at closing.

Amazon Reportedly In Talks To Acquire AI Startup Decart For Around $7 Billion

By Amit Chowdhry ● Oct 12, 2026

Amazon is in talks to acquire artificial intelligence startup Decart in a deal that could value the company at around $7 billion, according to people familiar with the matter cited by The Wall Street Journal.

Bristol Myers Squibb Reports Positive Phase 3 Results For RayzeBio’s RYZ101 In GEP-NETs

By Amit Chowdhry ● Oct 12, 2026

Bristol Myers Squibb announced positive topline results from the planned interim analysis of the Phase 3 ACTION-1 trial evaluating RayzeBio’s RYZ101 in patients with somatostatin receptor-positive gastroenteropancreatic neuroendocrine tumors who had progressed following Lutetium-177-based therapy.

Flexcompute Raises Strategic Investment From Samsung Ventures And Applied Ventures To Advance Physics World Model

By Amit Chowdhry ● Oct 12, 2026

Flexcompute raised a strategic investment from Samsung Ventures and Applied Ventures, the venture capital arm of Applied Materials, to accelerate development of its Physics World Model. Other investors also participated in the financing.

Anduril Unveils Steelfin Family Of Surface-To-Air Interceptor Missiles

By Amit Chowdhry ● Oct 12, 2026

Anduril Industries unveiled Steelfin, a new family of configurable, mass-producible surface-to-air interceptor missiles designed to address a broad range of modern air and missile defense threats.

LPL Financial Onboards $170 Million Firm Lakewood Wealth Management

By Amit Chowdhry ● Oct 12, 2026

LPL Financial announced that financial advisors Harrison Kennard, CFP, Charles Dobben, and Justin Pandy, CFP, of Lakewood Wealth Management have joined its broker-dealer and Registered Investment Advisor platforms.

Charter Space Raises $5 Million Seed Round To Expand Space Insurance Platform

By Amit Chowdhry ● Oct 12, 2026

Charter Space closed an oversubscribed $5 million seed funding round as the company expands its insurance platform for the growing commercial space economy. The round was led by Crystal Venture Partners, with participation from QED, Blank Ventures, Gaingels, Hustle Fund, and other fintech and space-focused investors.

The RMR Group Secures $272.1 Million Refinancing For Cedars-Sinai Medical Office Portfolio In Los Angeles

By Amit Chowdhry ● Oct 12, 2026

The RMR Group announced that it facilitated a $272.1 million interest-only mortgage financing on behalf of a managed joint venture for a medical office portfolio located on the Cedars-Sinai Medical Center campus in Los Angeles.

Kampala Capital Secures $80 Million Warehouse Facility From O’Connor Capital Solutions

By Amit Chowdhry ● Oct 12, 2026

Kampala Capital announced the extension and upsize of a warehouse facility with private funds managed by O’Connor Capital Solutions, providing up to $80 million of financing to support loans originated by Kampala.

CScale Raises $145 Million In Series C Funding To Build Optical Interconnect For Gigawatt-Scale AI

By Amit Chowdhry ● Oct 12, 2026

CScale emerged from stealth with $145 million in Series C funding to accelerate the development and commercialization of optical interconnect technology for large-scale AI infrastructure. The round brings CScale’s total funding to $188 million. The financing was co-led by Atreides Management, Valor Equity Partners, and Premji Invest. Sutter Hill Ventures, which has backed CScale since its founding, also participated alongside existing investor Maverick Silicon. NVIDIA and Intel Capital joined the round as CScale’s first strategic investors.

Gallant Capital Partners Provides Additional Term Loan Commitments To Support Lumileds

By Amit Chowdhry ● Oct 12, 2026

Gallant Capital Partners announced that funds it manages have established additional term loan commitments under one of Lumileds Holding B.V.’s existing senior secured term loan credit facilities.

SOAR AI Secures Up To $1 Billion Equity Facility To Support AI Infrastructure Expansion

By Amit Chowdhry ● Oct 12, 2026

Volato Group, which is in the process of rebranding as SOAR AI, entered into a common stock purchase agreement with an institutional investor for an equity facility of up to $1 billion.

HR Path Acquires SnapAI To Accelerate Artificial Intelligence Strategy

By Amit Chowdhry ● Oct 12, 2026

HR Path acquired SnapAI, a startup specializing in artificial intelligence and regulatory compliance, as the company expands its AI capabilities across human resources consulting and technology services.

Rochester Midland Corporation Acquires ApHinity Technologies To Expand Water And Air Quality Capabilities

By Amit Chowdhry ● Oct 12, 2026

Rochester Midland Corporation acquired ApHinity Technologies, an environmental solutions provider based in La Habra, California, expanding its capabilities across water treatment and industrial air emissions management.

Potomac Fund Management Launches Three New Initiatives After Surpassing $5 Billion In AUM

By Amit Chowdhry ● Oct 12, 2026

Potomac Fund Management announced three new initiatives spanning direct indexing, hedge fund investing, and financial-services branding as the firm expands beyond its traditional tactical asset management business.

Pagaya Closes $650 Million Auto ABS Deal, Marking 100th Securitization

By Amit Chowdhry ● Oct 12, 2026

Pagaya Technologies closed RPM 2026-5, a $650 million asset-backed securitization backed by auto loans, marking the company’s 100th ABS transaction since completing its first securitization in 2018.

Spartan Marketing Acquires Notion Design Group To Launch Website Design And Development Division

By Amit Chowdhry ● Oct 12, 2026

Spartan Marketing acquired Notion Design Group, a website design and development firm that has built more than 1,000 websites since 2006 and serves more than 70 businesses, nonprofits, and agencies.

Lumin Digital Appoints BCU CEO Mike Valentine To Board Of Directors

By Amit Chowdhry ● Oct 12, 2026

Lumin Digital appointed Mike Valentine, the outgoing chief executive officer of BCU, to its board of directors, effective October 1, 2026.

Salesforce To Acquire Loops To Advance Agentic Analytics Strategy

By Amit Chowdhry ● Oct 12, 2026

Salesforce signed a definitive agreement to acquire Loops, an AI-powered analytics platform that continuously monitors business performance, explains changes in key metrics, and identifies opportunities for improvement.

Moon Equity Holdings Acquires Shieldcom To Expand Sovereign AI And Tactical Edge Computing Capabilities

By Amit Chowdhry ● Oct 12, 2026

Moon Equity Holdings Corp. announced the strategic acquisition of Shieldcom, a specialized defense contractor focused on private cloud infrastructure, tactical technology, and edge AI computing for high-security environments.

SWI Group Raises €800 Million At €6.1 Billion Valuation To Expand AI Infrastructure And Compute Platform

By Amit Chowdhry ● Oct 12, 2026

SWI Group announced an €800 million institutional capital increase at a €6.1 billion final valuation to accelerate the expansion of its transatlantic AI infrastructure and compute platform.

Consonance Capital Partners Closes Oversubscribed $1.35 Billion Third Fund

By Amit Chowdhry ● Oct 12, 2026

Consonance Capital Partners closed Consonance Private Equity III at $1.35 billion in commitments, reaching the fund’s hard cap after less than four months in the market.

MAI Capital Management Names Matt Barthel Managing Partner, Strategic Advisor Recruiting

By Amit Chowdhry ● Oct 12, 2026

MAI Capital Management appointed Matt Barthel as Managing Partner, Strategic Advisor Recruiting, adding a veteran industry executive to help expand the firm’s national financial advisor network.

DLA Piper Appoints Ryan Iskandar As Partner To Strengthen APAC Finance Practice

By Amit Chowdhry ● Oct 12, 2026

DLA Piper appointed Ryan Iskandar as a Partner in its global Finance practice. Based in the firm’s Sydney office, Iskandar brings experience across derivatives, securitization, structured finance, private credit, and fund-linked transactions.

Scarlet Raises $50 Million In Series B Funding To Expand AI Medical Device Certification Platform

By Amit Chowdhry ● Oct 12, 2026

Scarlet raised $50 million in Series B funding to expand its AI medical device certification platform and build what it describes as a global certification body for advanced healthcare technology companies. The round was led by Headline, with participation from existing investors Kindred Capital, Creandum, Atomico, and Entrepreneurs First, along with new investor Notion Capital.

Mercurius Media Capital Invests $1 Million In Jaca To Expand Allulose Awareness

By Amit Chowdhry ● Oct 12, 2026

Mercurius Media Capital made a $1 million strategic investment in Jaca, a consumer food company focused on expanding adoption of allulose as a sugar substitute.

BRG Adds Three Senior Markets Compliance Professionals To Financial Institution Advisory Practice

By Amit Chowdhry ● Oct 12, 2026

BRG expanded its Financial Institution Advisory practice with the addition of Managing Directors Conway Dodge and Michael Sullivan and Director Richard Patterson. All three are based in Washington, D.C., and join BRG’s dedicated Markets Compliance group.

Blue Dot Investors: Interview With Founder And Managing Partner Sahej Suri About Late-Stage Fintech Investing And Secondaries

By Amit Chowdhry ● Oct 12, 2026

Blue Dot Investors is a fintech-focused investment firm specializing in late-stage growth equity and secondary transactions across banking, payments, insurance, wealth management, and capital markets. Founder and Managing Partner Sahej Suri previously worked at J.P. Morgan, TPG, and QED Investors before establishing Blue Dot to address liquidity needs in the maturing private fintech market. Pulse 2.0 interviewed Suri to learn more about the firm’s investment strategy, the evolution of fintech secondaries, and the opportunities he sees in private-market liquidity.

Maisa: Interview With CSO Andrew Volkov About Transforming Auto Lending With AI Agents

By Amit Chowdhry ● Oct 12, 2026

Maisa is building AI-driven infrastructure for banking operations through Digital Workers, specialized AI agents designed to execute end-to-end lending workflows spanning document intake, validation, fraud and identity checks, underwriting logic, and exception handling. Pulse 2.0 interviewed Maisa Chief Strategy Officer Andrew Volkov, whose background includes Deutsche Bank and co-founding Workfusion, to learn more about transforming auto lending with agentic AI.

SEI Opens Singapore Office To Support Growth Across Asia-Pacific Asset Management Market

By Amit Chowdhry ● Oct 12, 2026

SEI opened a new office in Singapore as part of its international growth strategy, expanding its presence into one of Asia-Pacific’s major financial centers.