Archives

Byline Bancorp To Acquire Illinois State Bancorp For About $87.9 Million

By Amit Chowdhry ● Yesterday at 2:42 PM

Byline Bancorp has agreed to acquire Illinois State Bancorp in a cash-and-stock transaction valued at approximately $87.9 million based on Byline's October 5, 2026 closing share price.

Human Friendly Robotics Signs Up To $4 Million Tiling Contract With Flooring Concepts Of NJ

By Amit Chowdhry ● Yesterday at 2:42 PM

Human Friendly Robotics has signed a three-year robotic tiling contract worth up to $4 million with commercial subcontractor Flooring Concepts of NJ.

Guardrail Technologies Raises Nearly $3 Million In Seed Funding Led By Filter Fund

By Amit Chowdhry ● Yesterday at 2:41 PM

Guardrail Technologies has closed two seed funding rounds totaling nearly $3 million, led by Filter Fund Venture Capital with participation from strategic angel investors with senior-level backgrounds at major global technology companies.

Quantum X Signs Binding LOI To Acquire 80% Of TraderMade Systems For $550,000 In Stock

By Amit Chowdhry ● Yesterday at 2:40 PM

Quantum X has signed a binding letter of intent to acquire an 80% interest in U.K.-based financial market data provider TraderMade Systems in a proposed transaction valued at $550,000.

Tusker Appoints Matt Gaudio As CEO

By Amit Chowdhry ● Yesterday at 2:39 PM

Tusker has appointed Matt Gaudio as Chief Executive Officer as the midmarket IT services company continues a growth strategy combining acquisitions with organic expansion.

Valtir Acquires QWICK KURB To Expand Roadway Safety Portfolio

By Amit Chowdhry ● Yesterday at 2:38 PM

Valtir has completed its acquisition of QWICK KURB, adding raised-curb channelization and lane-separation products to its roadway safety portfolio.

Coast Counties Peterbilt Acquires Peterbilt Truck Parts & Equipment To Expand Into Northern Nevada

By Amit Chowdhry ● Yesterday at 2:37 PM

Coast Counties Truck & Equipment Company, operating as Coast Counties Peterbilt, has acquired Peterbilt Truck Parts & Equipment, expanding its Peterbilt dealership business into Northern Nevada.

Rocket Pharmaceuticals Secures Up To $150 Million Credit Facility From Hercules Capital

By Amit Chowdhry ● Yesterday at 2:36 PM

Rocket Pharmaceuticals has secured a credit facility of up to $150 million from Hercules Capital to strengthen its financial position and support the development of its cardiovascular genetic medicine pipeline.

Bayer To Invest $2.2 Billion In New Albany, Ohio Pharmaceutical Manufacturing Site

By Amit Chowdhry ● Yesterday at 2:35 PM

Bayer plans to invest $2.2 billion in a new pharmaceutical manufacturing site in New Albany, Ohio, as the company expands its U.S. production capabilities and supports growing demand across its pharmaceuticals business.

Velocity Health Adds Executive Health Contract To Mark Cuban’s Cost Plus Wellness

By Amit Chowdhry ● Yesterday at 2:28 PM

Velocity Health has added its concierge executive healthcare service to Mark Cuban's Cost Plus Wellness contract repository, expanding access to a transparent pricing and contracting model for companies seeking executive health benefits.

Arthur J. Gallagher & Co. Acquires Ornella Underwriting

By Amit Chowdhry ● Yesterday at 2:27 PM

Arthur J. Gallagher & Co. has acquired Ornella Underwriting through its specialist underwriting subsidiary Pen Underwriting. Financial terms of the transaction were not disclosed.

Behavox Signs $8 Million GPU Commitment With Civo For Sovereign UK AI Processing

By Amit Chowdhry ● Yesterday at 2:27 PM

Behavox has signed an $8 million GPU infrastructure commitment with Civo to secure dedicated computing capacity in the United Kingdom for processing sensitive data used by the company's AI-powered financial compliance products.

Silver Point Leads $650 Million Financing For Stryten Energy’s C&D Trojan Acquisition

By Amit Chowdhry ● Yesterday at 2:26 PM

Silver Point Capital's Direct Lending business has led a $650 million term loan financing supporting Stryten Energy's acquisition of C&D Technologies and Trojan Battery Company.

TeddyHoldings.AI Raises $60 Million Seed Round And Surpasses $25 Million In Revenue

By Amit Chowdhry ● Yesterday at 2:24 PM

TeddyHoldings.AI, or Teddy AI, has raised $60 million in seed funding and surpassed $25 million in revenue as it builds a compliance and client-focused legal services platform. The company is keeping details about its specific focus, leadership team and capitalization confidential for now.

Parallel Systems Raises $100 Million Series C To Commercialize Autonomous Freight Rail

By Amit Chowdhry ● Yesterday at 2:20 PM

Parallel Systems has raised $100 million in Series C funding to scale production and commercialization of its battery-electric autonomous freight rail technology. AVP led the round, with new investors Hillspire, Agility Global and Cobalt Capital also participating. Existing investors Anthos Capital, Congruent Ventures, Riot Capital and Collaborative Fund returned for the financing.

Ripple Prime Expands Brevan Howard Relationship With Multi-Asset Prime Brokerage Services

By Amit Chowdhry ● Yesterday at 2:15 PM

Ripple and Brevan Howard have expanded their relationship, with Ripple Prime set to provide multi-asset prime brokerage, clearing and financing services to funds managed by the global alternative investment manager.

Santé Raises $15 Million Series A To Expand AI Operating System For Wine And Spirits Retail

By Amit Chowdhry ● Yesterday at 2:13 PM

Santé has raised $15 million in Series A funding to expand its AI and fintech operating system for wine and spirits retailers, six months after announcing a $7.6 million seed round. The financing was led by FINTOP, with participation from returning investors Bonfire Ventures, Operator Collective, Y Combinator and Veridical Ventures.

Riverain Technologies Expands ClearRead Chest AI Access Through RapidAI Enterprise Platform

By Amit Chowdhry ● Yesterday at 2:08 PM

Riverain Technologies is expanding access to its FDA-cleared ClearRead Chest cardiothoracic imaging AI suite through RapidAI's Rapid Enterprise Platform, extending Riverain's lung and cardiac imaging technology into a unified enterprise clinical AI environment.

Simple Mining Acquires 8 MW Sphere 3D Bitcoin Mining Site In Iowa

By Amit Chowdhry ● Yesterday at 2:07 PM

Simple Mining has acquired an approximately 8 MW Bitcoin mining facility in Iowa from Sphere 3D, expanding the company's Iowa infrastructure platform to nearly 160 MW. Financial terms of the acquisition were not disclosed.

AmyriAD Therapeutics Acquires Recognify Life Sciences And RL-007

By Amit Chowdhry ● Yesterday at 2:06 PM

AmyriAD Therapeutics has acquired Recognify Life Sciences and its lead clinical-stage program, RL-007, also known as inidascamine, expanding AmyriAD's pipeline of treatments targeting cognitive impairment.

Biohub, DOE, NIH And Partners Commit $1.8 Billion To Build AI-Ready Biology Data

By Amit Chowdhry ● Yesterday at 2:06 PM

Biohub, the U.S. Department of Energy, the National Institutes of Health and private-sector partners have announced a coordinated $1.8 billion commitment of funding, data, computing resources and measurement technology to create foundational biological data for predictive AI models.

Trmeric Raises $6.5 Million Seed Round Led By Hitachi Ventures

By Amit Chowdhry ● Yesterday at 2:04 PM

Trmeric has raised an oversubscribed $6.5 million seed round led by Hitachi Ventures to expand its agentic AI platform for managing enterprise transformation programs. Additional investors included Schema Ventures, CerraCap Impact Venture Capital, FalconX Ventures, Executive Venture Fund and angel investors Gokul Rajaram, Yatish Mishra and Shailesh Lakhani.

ANTA Sports Completes €1.51 Billion Acquisition Of 29.06% Puma Stake

By Amit Chowdhry ● Yesterday at 2:03 PM

ANTA Sports Products has completed its acquisition of a 29.06% stake in Puma from Artémis, the investment company of the Pinault family, for €1.5055 billion in cash.

Three Corners Connector Selected For Negotiations On Up To $250 Million DOE SPARK Award

By Amit Chowdhry ● Yesterday at 2:01 PM

Three Corners Connector has been selected to proceed to negotiations for potential funding of up to $250 million through the U.S. Department of Energy's Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades, or SPARK, program.

Sheridan Capital Partners Closes Oversubscribed $1.1 Billion Fund IV

By Amit Chowdhry ● Yesterday at 2:00 PM

Sheridan Capital Partners has closed Sheridan Capital Partners Fund IV at its $1.1 billion hard cap, nearly doubling the size of the healthcare-focused private equity firm's previous flagship fund.

Rivercell Raises $25 Million Seed Round To Build AI Virtual Cell Platform

By Amit Chowdhry ● Yesterday at 1:59 PM

Rivercell has raised $25 million in seed funding to develop data infrastructure and AI models designed to predict how human cells respond to drugs and genetic changes. The round was led by HV, with participation from HCVC, Alven and Bpifrance Digital Venture.

Endeavor Catalyst Closes Oversubscribed $320 Million Fund V

By Amit Chowdhry ● Yesterday at 1:58 PM

Endeavor Catalyst has closed an oversubscribed $320 million Fund V as the global venture investment organization increases its activity in Europe.

Zelestra Secures $350 Million From CIBC, BBVA And Société Générale For 203 MW Reclamation Solar Project

By Amit Chowdhry ● Yesterday at 12:39 PM

Zelestra has closed $350 million in green financing credit facilities for its 203 MW Reclamation Solar project in Gibson County, Indiana, taking the renewable energy company's U.S. project financing raised during 2026 to $1.14 billion.

WashU Privacy Expert Raises Concerns About Amazon Smart Glasses For Delivery Drivers

By Amit Chowdhry ● Yesterday at 12:38 PM

Amazon's rollout of camera-equipped glasses for delivery drivers is raising concerns about workplace privacy, employee surveillance, and the broader normalization of always-on recording technology, according to Neil Richards, a privacy expert and law professor at Washington University in St. Louis.

SiMa.ai And Wobot.ai Partner To Bring Reasoning-Based Video Analytics To Physical AI Platform

By Amit Chowdhry ● Yesterday at 11:58 AM

SiMa.ai and Wobot.ai have formed a partnership that will make Wobot.ai's reasoning-based video analytics technology available on SiMa.ai's Physical AI platform, enabling organizations to process video data at the edge and turn camera feeds into operational insights.