Archives

Cisco Appoints Girish Rishi To Board Of Directors

By Amit Chowdhry ● Oct 11, 2026

Cisco appointed Girish Rishi to its Board of Directors. Rishi brings approximately three decades of technology leadership experience spanning data and artificial intelligence, product development, supply chain, hardware, software, systems, and mergers and acquisitions. He currently serves as Chairman and CEO of Cognite.

S&P Global Names Thomas Kim As Chief Legal Officer

By Amit Chowdhry ● Oct 11, 2026

S&P Global appointed Thomas Kim as Chief Legal Officer, effective October 19, 2026. Kim will report directly to President and CEO Martina Cheung.

Akima Names Michael Teegardin Vice President Of Marketing And Communications

By Amit Chowdhry ● Oct 11, 2026

Akima appointed Michael Teegardin as Vice President of Marketing and Communications. In the role, Teegardin will lead Akima's brand, marketing, and communications strategy across the enterprise as the company continues expanding its work supporting federal government customers.

MintNeuro Raises $5 Million To Scale Neural Device Semiconductor Platform

By Amit Chowdhry ● Oct 11, 2026

MintNeuro raised $5 million to accelerate commercialization of its semiconductor platform for neural devices and brain-computer interfaces. Odyssey Ventures led the financing. 33East, JSK Investments, and Alumni Ventures participated alongside returning investor Empirical Ventures, Jumpspace Ventures, and other early investors.

Control AV Names Kevin Cartier COO And Opens Orlando Office

By Amit Chowdhry ● Oct 11, 2026

Control AV appointed Kevin Cartier as Chief Operating Officer and opened a new office in Orlando as part of the entertainment technology company's expansion strategy. Cartier brings more than 20 years of operations leadership and project delivery experience across the cruise and themed entertainment industries.

hexafarms Raises €4.8 Million To Expand AI-Powered Horticulture Platform

By Amit Chowdhry ● Oct 11, 2026

hexafarms raised €4.8 million in financing to advance its AI-powered operating system for commercial horticulture. Ananda Impact Ventures and Green Generation Fund led the round. Grey Silo Ventures and better ventures participated alongside existing backers Speedinvest, Mudcake, and Techstars.

Neudata Names Richard Barnett As Chief Product Officer

By Amit Chowdhry ● Oct 11, 2026

Neudata appointed Richard Barnett as Chief Product Officer as the alternative and market data intelligence company increases its focus on product innovation. Based in London, Barnett joins Neudata's leadership team and will oversee the company's product strategy, portfolio, and development roadmap.

Netsec Raises More Than $10 Million To Expand AI-Native Cybersecurity And IT Platform

By Amit Chowdhry ● Oct 11, 2026

Netsec raised more than $10 million in equity financing to expand its AI-native cybersecurity and IT operations platform. Partech led the round, with participation from Primo Capital and View Different. Netsec's investor base also includes Riccardo Zacconi, Kima Ventures, Ithaca Investments, Vento, Vito Lomele, Everywhere Ventures, and angel investors from the cybersecurity and technology sectors.

Shipt Names Raj Kapoor As CEO

By Amit Chowdhry ● Oct 11, 2026

Shipt named Raj Kapoor as its next CEO, bringing the company's former Chief Operating Officer back to lead the same-day delivery technology business. Kapoor previously served as Shipt's COO from 2022 through 2025.

iBase-t Names Andrew Varghese As CFO

By Amit Chowdhry ● Oct 11, 2026

iBase-t appointed Andrew Varghese as CFO as the company expands its AI-native digital manufacturing and sustainment software platform for aerospace and defense customers. Varghese joins iBase-t as the company increases investment in its platform, expands its artificial intelligence capabilities, and pursues additional growth across the aerospace and defense market.

Ultra Raises $62 Million, Including $50 Million Series A Led By Framework Ventures

By Amit Chowdhry ● Oct 11, 2026

Ultra raised $62 million in funding to expand deployment of its robotics platform, including a $50 million Series A led by Framework Ventures. The company said its focus is on solving what it views as one of the biggest bottlenecks in robotics: reliably deploying robots into real-world environments.

Sopris Capital Acquires Blackford Analysis From Bayer

By Amit Chowdhry ● Oct 11, 2026

Sopris Capital acquired Blackford Analysis from Bayer, expanding its healthcare technology portfolio with an AI orchestration platform for medical imaging. Sopris plans to combine Blackford with portfolio company Azra AI, with the integration expected to take place shortly after closing.

CU Denver Opens AI Hub To Expand Hands-On Artificial Intelligence Education

By Amit Chowdhry ● Oct 11, 2026

The University of Colorado Denver opened a new Artificial Intelligence Hub designed to give students across disciplines hands-on experience using and evaluating AI technologies. The AI Hub opened October 7 in CU Denver's North Classroom.

KONST Raises $30 Million Series B Led By ADATA Technology

By Amit Chowdhry ● Oct 11, 2026

KONST raised $30 million in Series B funding led by ADATA Technology to expand its AI data center footprint across Asia and accelerate its Token Factory strategy. Strategic investors include M Mobility, Pegatron Venture Capital, and several other corporate investors.

McGraw Hill Completes $1.33 Billion Debt Refinancing

By Amit Chowdhry ● Oct 11, 2026

McGraw Hill completed a series of refinancing transactions involving $400 million of senior secured notes and $930 million of senior secured term loans, while also extending other debt maturities and increasing revolving credit capacity.

Gray Media Closes $600 Million Term Loan And Extends $680 Million Revolver

By Amit Chowdhry ● Oct 11, 2026

Gray Media closed a new $600 million Term Loan G and extended the maturity of its revolving credit facility as part of a broader refinancing program affecting more than $1.25 billion of debt. The new term loan matures July 15, 2030.

Griffis Residential Raises $207 Million In First Close Of Fund VII

By Amit Chowdhry ● Oct 11, 2026

Griffis Residential secured approximately $207 million in capital commitments in the first close of Griffis Premium Apartment Fund VII. Fund VII succeeds Griffis Premium Apartment Fund VI, which raised $525 million.

Candide Group Closes $71.5 Million Afterglow Climate Justice Fund

By Amit Chowdhry ● Oct 11, 2026

Candide Group closed the Afterglow Climate Justice Fund at $71.5 million to finance clean energy and climate resilience projects in historically underinvested U.S. communities. Afterglow is a catalytic debt fund launched in 2023.

BelliWelli Secures Flexible Credit Facility From Assembled Brands

By Amit Chowdhry ● Oct 11, 2026

Assembled Brands closed a new asset-based credit facility for BelliWelli, a California-based gut health brand known for dietary fiber supplements and gummies. BelliWelli plans to use the facility to fund production and inventory tied to new retail accounts, including CVS and Sam's Club, while also supporting its growing marketplace business across Amazon, TikTok Shop, and its direct-to-consumer channel.

University Of Missouri And Google Public Sector Partner To Expand AI Research

By Amit Chowdhry ● Oct 11, 2026

The University of Missouri is collaborating with Google Public Sector to expand access to artificial intelligence infrastructure, training, technical expertise, and high-performance computing for researchers across the University of Missouri System.

Ascensia Diabetes Care Partners With Sava And Leads Series B Financing

By Amit Chowdhry ● Oct 11, 2026

Ascensia Diabetes Care entered into a strategic partnership with Sava Technologies covering commercialization and distribution of Sava's wearable microsensor technology and also led the company's Series B financing. The partnership initially focuses on Europe.

University Of South Florida Receives $4.8 Million Grant To Improve Education For Young English Learners

By Amit Chowdhry ● Oct 11, 2026

The University of South Florida's College of Education received a $4.8 million grant from the U.S. Department of Education to improve how educators across the Tampa Bay region teach young English learners.

Nous Research Raises $90 Million From NVIDIA, M12, Samsung, And Other Investors

By Amit Chowdhry ● Oct 11, 2026

Nous Research raised $90 million to expand its development of open AI models and agents, with backing from NVIDIA, Microsoft's M12, Samsung, Robot Ventures, Union Square Ventures, Y Combinator, Menlo Ventures, and other investors.

TypeSafe Raises $870 Million Series A At $7.5 Billion Valuation To Expand Jev’s Capabilities

By Amit Chowdhry ● Oct 11, 2026

TypeSafe raised $870 million in Series A financing at a $7.5 billion valuation, with Andreessen Horowitz leading the round. Sequoia Capital also participated alongside existing investor DCVC and a group of angel investors, giving the company substantial new capital to accelerate development of Jev, its platform for building intelligent software.

Wafra Acquires Liberty Development Partners And Invests In Gulf Inland Logistics Park

By Amit Chowdhry ● Oct 11, 2026

Wafra acquired an interest in Liberty Development Partners and invested in its principal assets, Gulf Inland Logistics Park and CMC Railroad, to support expansion of a broader rail-served industrial infrastructure platform. The partnership will provide Liberty with capital and institutional resources to accelerate development at Gulf Inland and pursue additional rail-served industrial opportunities.

Evernorth Completes SPAC Merger With $300 Million In Gross Cash And 473 Million XRP

By Amit Chowdhry ● Oct 11, 2026

Evernorth Holdings completed its business combination with Armada Acquisition Corp. II, taking the digital asset treasury company public with approximately $300 million in gross cash proceeds and approximately 473 million XRP.

Wells Fargo Advisors Recruits $410 Million Firm Strong Wealth Management

By Amit Chowdhry ● Oct 11, 2026

Strong Wealth Management Group joined Wells Fargo Advisors from UBS, bringing approximately $410 million in client assets to the firm's traditional employee brokerage channel, according to Barron's. The multi-generational team includes brothers Andrew Strong and Jonathan Strong, along with Christian Strong, Andrew's son.

Betterment Advisor Solutions Launches Unified Managed Accounts For RIAs

By Amit Chowdhry ● Oct 11, 2026

Betterment Advisor Solutions launched Unified Managed Accounts, expanding its portfolio management capabilities for registered investment advisers and giving advisors greater flexibility to create personalized, multi-strategy portfolios at scale.

University Of Washington-Led Optoelectronics Center Receives $22 Million NSF Award

By Amit Chowdhry ● Oct 11, 2026

The University of Washington-led Center for Integration of Modern Optoelectronic Materials on Demand is expected to receive $22 million from the U.S. National Science Foundation over the next five years to continue research involving advanced optoelectronics and semiconductor materials.

Georgia Tech And Emory Invest More Than $1 Billion In Artificial Intelligence

By Amit Chowdhry ● Oct 11, 2026

Georgia Tech and Emory University are collectively investing more than $1 billion in artificial intelligence infrastructure, research, talent, and applications as part of an effort to establish Atlanta as a leading U.S. AI hub.