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Chptr announced that it raised $5.5 million in Series A funding led by CityRock, with participation from Tribute Technology and strategic partnerships with iHeartMedia, Sinclair, and Hearst. The financing will support the company’s mission of building a new distribution layer for timely, community-focused stories across television, radio, and digital channels.

Star51 Capital announced the first close of its inaugural venture fund, establishing an operator-led investment platform focused on companies at the intersection of medical technology and artificial intelligence. The fund’s first close was anchored by Abbott and Mayo Clinic, with additional participation from senior Medtech executives, physicians, life sciences professionals, and the firm’s general and operating partners.

Lifespan Vision Ventures announced that portfolio company Rejuvenate Bio has completed a $6 million financing round and entered into a strategic research and development collaboration with Merck Animal Health, marking a key milestone in advancing gene therapies for chronic and age-related diseases in companion animals.

Turnout announced that it raised $35 million in Series A funding, bringing the company’s valuation to $400 million. The round was led by HighPost Capital, with participation from Shine Capital, LGVP, Mangusta Capital, Honeystone Ventures, and investor Omri Casspi.

PhoenixAI announced that it raised $80 million in Series B funding led by Sky9 Capital, with participation from Atypical Ventures, Olive Technology Ventures, and existing investors. The financing will support continued development of the company’s AI-native database platform, expansion of go-to-market initiatives, and enhanced governance capabilities for regulated industries.

Current announced it has raised $80 million in Series E funding at a $1.5 billion valuation, led by Springcoast Partners. The financing builds on support from existing investors, including Andreessen Horowitz, Tiger Global Management, Avenir, Foundation Capital, Wellington Management, Sapphire Ventures, and QED Investors.

Diamond Brew, maker of America's first shelf-stable brewless coffee pod, announced the close of an oversubscribed seven-figure pre-seed funding round. Investors include G/7 Venture Studio, Filipp Chebotarev of Cambridge Companies SPG, Beckett Industries, SGL Acquisitions, LLC, music executive and strategic advisor Charlie Walk, Kingsland Capital Group, Nobel Partners, Daniel Faierman of Habitat Partners, and a group of NFL players, including Sean Clifford and DeAndre Hopkins. The round also drew participation from seasoned CPG operators Alex Sourry, Lily Rogath, and Dom Purpura, whose brand Mela was recently acquired.

Mendo announced that it has raised €12 million in Series A funding in a round led by Educapital, Ventech, TOMCAT, and OVNI Capital.

Cursor announced the expansion of its operations across Europe, the Middle East, and Africa with the establishment of dedicated regional teams and the opening of a London headquarters this summer.

Vsquared Ventures announced its expansion into London, marking a new chapter for the European deep tech investment firm as it seeks to strengthen connections between engineering talent and growth capital across the continent.

WK Kellogg Co announced a $100,000 donation to the Battle Creek Housing Fund, reinforcing the company’s longstanding commitment to its hometown and supporting efforts to address the community’s housing shortage.

Chiesi Group announced the completion of its acquisition of KalVista Pharmaceuticals, bringing the rare disease drug developer into its global organization and expanding the capabilities of its Rare Diseases business unit.

Antea Group USA announced the appointment of Jason Ruf as a consultant supporting the company’s Environmental Remediation practice through advanced three-dimensional visualization and analysis, conceptual site model development, environmental sequence stratigraphy, and the integration and interpretation of high-resolution site characterization data.

Primech Holdings announced that its subsidiaries, Primech A & P and Maint-Kleen, have secured four facilities services contracts with a combined value of approximately S$11.9 million (US$8.8 million), strengthening the company’s recurring revenue base and expanding its presence across Singapore’s commercial and institutional sectors.

Atossa Therapeutics announced that it has entered into a securities purchase agreement with institutional investors for a registered direct offering that is expected to generate approximately $4.5 million in upfront gross proceeds, with the potential for total gross proceeds of up to $16.5 million through the exercise of warrants.

Draganfly announced the completion of its previously announced acquisition of Skip Dynamix, expanding its defense portfolio with ultra-low-cost, mass-producible fixed-wing drone capabilities.

Digital Asset (DA), the creator of Canton, announced a $355 million funding round led by Andreessen Horowitz's crypto fund, a16z crypto, with participation from leading institutions across traditional and decentralized finance, including 7RIDGE, ABN Amro, the Abu Dhabi Investment Authority (through a wholly owned subsidiary), Alumni Ventures, Apollo Funds, BNP Paribas, Broadridge, Citadel Securities, CME Ventures, Coinbase Ventures, Greenwulf Asset Management, Hanwha Investment & Securities, HSBC, iCapital, Liberty City Ventures, Optiver, Polychain, R136 Ventures, S&P Global, SBI Group, Smash Capital, SoFi, Tradeweb, and William Blair. And Financial Technology Partners (FT Partners) served as the exclusive strategic and financial advisor to DA on this transaction.

Kraken announced the launch of Autonomous Agents, a new suite of utility-specific AI agents developed in partnership with Sierra. The offering combines Sierra’s AI customer experience platform with Kraken’s AI-enabled operating system, unified utility data model, and workflow engine to help utilities automate complex customer service interactions.

ZincFive, a provider of nickel-zinc battery-based immediate power solutions for data centers and AI infrastructure, announced that it has entered into a definitive business combination agreement with special purpose acquisition company Spark I Acquisition Corporation in a deal valuing the combined company at approximately $752 million.

Tutor Perini Corporation announced that it has been awarded a task order valued at approximately $651.8 million by the Naval Facilities Engineering Systems Command Pacific for Project P-1181, Harden Critical Feeders on Naval Base Guam.

OpenAI announced that it has agreed to acquire Ona, a provider of secure cloud execution and orchestration technology, to enhance the capabilities of its rapidly growing Codex ecosystem.

Panther Minerals announced the appointment of Harrison Glancy to its Board of Directors, effective immediately.

GE Aerospace announced that Judson Althoff, CEO of Microsoft’s Commercial Business, has been appointed to the company’s Board of Directors.

Capital Bank announced the appointment of Don Busick to its board leadership team, adding an executive with extensive experience in digital transformation, product management, enterprise technology, credit card operations, and customer experience.

Merck Animal Health announced it has signed a definitive agreement to acquire TARGAN, a privately held animal-agriculture technology company that develops biodevice solutions for the poultry industry, for an undisclosed amount.

Angel Invest announced the final close of its oversubscribed Fund III, which exceeded its target following strong demand from both existing and new investors. The firm also revealed the addition of several venture partners and advisors.

Acceleware announced that it has been awarded up to $2 million in non-dilutive grant funding from the Clean Resource Innovation Network through its Accelerating Cleantech Innovation Competition.

EquipmentShare announced the appointment of Damian Giangiacomo and Harley Miller to its Board of Directors, effective June 8, 2026. Giangiacomo will also serve on the board’s Audit Committee.

SALT LAKE CITY, Pax8 announced a global partnership with Google that will enable managed service providers and their small and medium-sized business customers to access Google’s enterprise solutions through the Pax8 Marketplace.