Archives

Great Sky, a startup developing a brain-inspired computing platform for artificial intelligence, announced the debut of its superconducting optoelectronic architecture alongside a $14 million seed funding round led by Bison Ventures with participation from Matchstick Ventures, Range Ventures, and several angel investors.

Sidley Austin announced that corporate and securities partner Steven Przesmicki has joined the firm’s San Diego office, bringing more than two decades of experience advising companies on corporate transactions, governance matters, and capital markets activity.

Walmart has named Erin Nealy Cox as its next Executive Vice President of Global Governance, Chief Legal Officer, and Corporate Secretary, strengthening the retail giant’s leadership team as it navigates an increasingly complex global regulatory and legal environment.

Skadden has added two partners from Paul Hastings to strengthen its private credit and restructuring capabilities, bringing Scott Heard to New York and welcoming Matthew Murphy back to the firm in Chicago.

ArcLight Capital Partners has agreed to acquire InfraBridge’s 50% stake in Invenergy AMPCI Thermal Power (IATP), a large-scale portfolio of power infrastructure assets across North America.

Concord announced that it has acquired U.K.-based independent record label Ninja Tune Records, a move that significantly expands the company’s presence in the United Kingdom and Europe while adding one of the world’s most respected indie labels to its portfolio.

Mercury Systems announced it has acquired SolderMask, a specialized manufacturing supplier that supports several of the company’s defense programs as they transition into higher-rate production.

Qnity Electronics opened a new 385,000-square-foot manufacturing facility in Newark, Delaware, expanding its domestic production capacity for semiconductor materials used in advanced chip fabrication. I attended the ribbon-cutting event and learned that this facility represents part of a multi-year investment by Qnity to strengthen its advanced manufacturing footprint and meet increasing demand driven by artificial intelligence, high-performance computing, and advanced connectivity technologies. At the event, there was an emphasis on the “Stronger Together” brand strategy, meaning that progress in semiconductors and AI infrastructure happens through collaboration, connecting materials science, partners, customers, and talent to enable the next generation of electronics.

Webflow announced it has acquired Vidoso.ai, a multi-modal AI asset generation startup, as the company continues its transition from a visual web development platform into an agentic web marketing platform designed for modern marketing teams.

Sidley Austin announced that Greg Featherman has joined the firm as a partner in its tax practice in New York, strengthening the firm’s capabilities in cross-border tax planning and complex transactions.

Eaton announced it has completed the acquisition of Boyd Thermal, the thermal management business of Boyd Corporation, from Goldman Sachs Asset Management. The deal strengthens Eaton’s ability to deliver integrated power and cooling infrastructure for data centers as demand surges alongside the rapid expansion of artificial intelligence computing.

Ramp announced that it has acquired Billhop, a payments platform based in Stockholm and London that is licensed in the UK and Sweden. The deal is aimed at strengthening Ramp’s ability to support customers operating across the UK and Europe while expanding its international footprint.

August Equity, a UK-based private equity firm focused on the lower mid-market, has announced the appointment of two Investment Associates as part of its strategy to develop internal talent and deepen its investment capabilities.

Algori is a next-generation consumer intelligence platform that utilizes AI and receipt-scanning technology to provide fast-moving consumer goods (FMCG) companies with granular, near real-time, SKU-level purchase insights. Pulse 2.0 interviewed Algori co-founder and CEO Andrius Juozapaitis to learn more.

Cologne-based saas.group announced it has surpassed $100 million in annual recurring revenue across its portfolio of more than 25 software brands, marking a significant milestone for the platform focused on acquiring and operating independent SaaS companies.

Raymond James has added financial advisor Nathan Chapman to its employee advisor division, Raymond James & Associates (RJA), strengthening the firm’s presence in Texas.

Two veteran financial advisors have launched a new independent wealth management practice through LPL Financial’s supported independence platform. Frank Boley and Susie Garber-Johnson have formed Legacy Ridge Private Wealth after departing D.A. Davidson, where they spent 26 years and 20 years, respectively. The advisors reported serving approximately $600 million in advisory, brokerage, and retirement plan assets at their previous firm.

Wells Fargo Advisors Financial Network (FiNet) has added the Snow Pine Private Wealth team to its independent advisor platform, bringing a group of financial advisors and support staff formerly affiliated with UBS.

MetaComp, a Singapore-based Web2.5 payments and digital wealth platform provider, announced it has completed a Pre-A+ funding round backed by institutional investors, including Alibaba and Spark Venture, bringing total funding raised across two rounds in three months to $35 million.

Centrus Energy has announced a partnership with Palantir Technologies to deploy artificial intelligence software in support of a multibillion-dollar expansion of U.S. uranium enrichment capacity.

NGL Energy Partners LP announced that it has closed a new seven-year $950 million senior secured term loan facility through its subsidiaries NGL Energy Operating LLC and NGL Energy Finance Corp. The financing is part of a broader effort to simplify the company’s capital structure and repurchase a portion of its preferred equity.

Alexander & Baldwin (A&B), a Hawaiʻi-based commercial real estate company, has completed a $2.3 billion take-private transaction led by a joint venture formed by an affiliate of MW Group along with funds affiliated with Blackstone Real Estate and DivcoWest.

Propy, an AI-driven real estate transactions platform, announced the acquisition of the title division of Florida-based Boss Law as part of its $100 million national roll-up strategy to modernize title and escrow services with artificial intelligence and blockchain infrastructure.

Greenlight Networks announced a $24 million investment to accelerate the expansion of its fiber internet infrastructure across Northeast Pennsylvania, extending high speed connectivity to more than 15,500 additional households in the Scranton and Wilkes-Barre regions.

Legora, a collaborative AI platform for lawyers, announced it has acquired Canadian agent-native legal AI company Walter AI as it expands its vision for a fully integrated, agent-driven legal workflow platform.

Eightco Holdings announced $125 million in new institutional funding commitments as the company expands its strategy of investing in artificial intelligence, blockchain infrastructure, and global digital consumer platforms.

Gestala, a China-based brain–computer interface startup, announced that it has secured CN¥150 million (about $21 million) in angel funding, marking what the company describes as the largest angel round in China’s brain-computer interface sector.

Axiom, a startup focused on building artificial intelligence systems capable of mathematically verifying software and scientific reasoning, announced it has raised $200 million in Series A funding at a valuation exceeding $1.6 billion. The round was led by Menlo Ventures.

The Walt Disney Company announced the launch of “Verts,” a new vertical video discovery experience within the Disney+ mobile app designed to help subscribers find movies and shows more quickly. The feature marks the company’s first major step toward integrating short-form, mobile-first video browsing into its flagship streaming platform.

Microsoft announced a major leadership transition as Rajesh Jha, executive vice president of the company’s Experiences + Devices group, plans to retire after more than 35 years at the software giant.