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Sonar: AI Code Verification Leader Acquires Gitar To Expand Into AI Code Review

By Amit Chowdhry ● May 23, 2026

Sonar announced the acquisition of Gitar, expanding its AI code verification platform to include AI-powered code review capabilities designed for the agentic software development era.

NEXA Lending: Strategic Investment And Phased Acquisition Agreement With Copper Ridge Ventures

By Amit Chowdhry ● May 23, 2026

NEXA Lending announced a strategic investment and phased acquisition agreement with Copper Ridge Ventures (CRV), a mortgage joint venture holding company owned by Tim Owens. The partnership is designed to support NEXA’s broader strategy of working with experienced owner-operators to scale mortgage origination, marketing capabilities, joint venture formation, and operational infrastructure.

Cycles: $6.4 Million Raised To Build Open Clearing Network For On-Chain Finance

By Amit Chowdhry ● May 23, 2026

Cycles, a startup building an open and privacy-preserving clearing network for crypto markets and stablecoin payments, announced it has raised $6.4 million in funding led by Blockchange Ventures, with participation from Coinbase Ventures, Compound VC, Primitive Ventures, and angel investors. The company said the round brings its total funding to $8.7 million following a $2.3 million pre-seed round in 2025.

PteroDynamics: Strategic Investment From ONE Bow River To Accelerate Transwing VTOL UAS Development

By Amit Chowdhry ● May 23, 2026

PteroDynamics, an innovator in autonomous vertical takeoff and landing aircraft systems, announced that ONE Bow River National Defense Fund has made a strategic growth investment in the company to accelerate the development, testing, and manufacturing of its Transwing VTOL unmanned aircraft systems.

Starlab: Strategic Investment From 1789 Capital Signals Confidence In Commercial Low-Earth Orbit Infrastructure

By Amit Chowdhry ● May 23, 2026

Starlab Space Stations and 1789 Capital announced a strategic investment by 1789 Capital into Starlab, the U.S.-led joint venture developing a next-generation commercial space station designed to support the post-International Space Station economy.

Bridgewest Ventures: NZ$60.2 Million Raised For New Zealand Deep-Tech Venture Fund

By Amit Chowdhry ● May 23, 2026

Bridgewest Ventures announced the successful first close of approximately NZ$60.2 million for Bridgewest Venture Fund I LP, positioning the firm as a gateway for offshore investors seeking exposure to New Zealand and Australia’s growing deep-technology ecosystem.

Ozak AI: $7.2 Million Raised Ahead Of Planned Exchange Listing Phase

By Amit Chowdhry ● May 23, 2026

Ozak AI announced it has raised more than $7.2 million as the blockchain- and artificial intelligence-focused crypto project nears its anticipated exchange listing phase.

MoneyFlare: AI Crypto Trading Bot Launched

By Amit Chowdhry ● May 23, 2026

MoneyFlare announced the launch of its AI Crypto Trading Bot, an automated trading platform that leverages artificial intelligence to manage digital asset trading workflows through automated execution and continuous market monitoring.

Heallexa: AI Powered Healthcare Directory Launches With Over 6 Million Provider Profiles

By Amit Chowdhry ● May 23, 2026

Heallexa, an AI-powered healthcare directory, officially launched a platform designed to help patients find and request appointments with healthcare providers more efficiently. The company said the platform includes more than 6 million healthcare provider profiles spanning doctors, dentists, therapists, chiropractors, specialists, clinics, and other healthcare professionals.

Delivery Hero: Uber Reveals €10 Billion Takeover Bid For Food Delivery Rival

By Amit Chowdhry ● May 23, 2026

Delivery Hero disclosed that it received a takeover approach from Uber Technologies, valuing the food delivery company at approximately €10 billion, according to a report from the Financial Times. The proposed deal would mark one of the largest consolidation moves in the global food delivery sector as competition intensifies and profitability pressures continue across the industry.

Bangladesh Bank: $4.9 Billion Stimulus Package Unveiled As Economic Growth Slows

By Amit Chowdhry ● May 23, 2026

Bangladesh Bank announced a 600 billion taka ($4.9 billion) stimulus package aimed at reviving shuttered factories, supporting struggling businesses, and boosting employment as the country’s economic growth continues to slow, according to Reuters.

JPMorgan: Millions Of Comics Caught In Bankruptcy Fight Over Diamond Comic Distributors

By Amit Chowdhry ● May 23, 2026

A growing bankruptcy battle involving JPMorgan Chase and former comic distribution giant Diamond Comic Distributors is putting millions of comic books, graphic novels, collectibles, and tabletop games at the center of a legal fight over ownership rights and creditor claims, according to Bloomberg.

SpaceX: Starship Flight 12 Marks First Successful V3 Test Flight And Major Advancement For Mars Program

By Amit Chowdhry ● May 23, 2026

SpaceX successfully completed the 12th integrated flight test of Starship, marking the debut of the upgraded Starship V3 architecture and the company’s first Starship launch in nearly seven months. The launch took place from Starbase, Texas, and represented one of the most ambitious demonstrations yet for the company’s next generation reusable launch system. The mission showcased a wide range of new technologies designed to support future lunar missions, satellite deployment operations, and eventual human missions to Mars.

OKX: ICE Brent And WTI Perpetual Futures To Launch On Crypto Trading Platform

By Amit Chowdhry ● May 23, 2026

OKX and Intercontinental Exchange announced plans to launch perpetual futures contracts based on ICE’s Brent Crude and WTI Crude oil benchmarks on OKX’s trading platform. The new products are expected to be available in jurisdictions where OKX is licensed to offer perpetual futures trading.

SpaceX: $185 Million Memphis xAI Data Center Acquired From Phoenix Investors Affiliate

By Amit Chowdhry ● May 23, 2026

An affiliate of Phoenix Investors announced the sale of a 217-acre, 785,000-square-foot data center property in Memphis, Tennessee to a subsidiary of SpaceX for $185 million. The facility, located at 3231 Paul R Lowry Road, is commonly referred to as Colossus I, the first data center of xAI, which is a subsidiary of SpaceX.

Dell: Enterprise AI Infrastructure And Agentic AI Take Center Stage At Dell Technologies World 2026

By Amit Chowdhry ● May 23, 2026

Dell Technologies unveiled a broad wave of enterprise AI infrastructure, storage, cybersecurity, and partner ecosystem announcements this week at Dell Technologies World 2026 in Las Vegas, positioning itself as a major player in the shift toward on-premises and hybrid AI deployments.

Sorted Wallet: $4.4 Million Raised To Expand Stablecoin Access Across Emerging Markets

By Amit Chowdhry ● May 23, 2026

Sorted Wallet, a lightweight stablecoin wallet designed for feature phones and low-end smartphones, announced a $4.4 million seed funding round led by Tether and Gnosis, with participation from Movement, Angel Invest, and angels including the founders of RWA.io.

Overwatch AI: $1.5 Million Raised To Reduce Flight Disruptions

By Amit Chowdhry ● May 23, 2026

Overwatch AI, a platform designed to help pilots, cabin crew, and aviation operations managers quickly access critical information and make faster operational decisions, announced it has raised $1.5 million in pre-seed funding.

Farther: $150 Million Series D Raised For Intelligent Wealth Management Platform

By Amit Chowdhry ● May 23, 2026

Farther, an intelligent wealth management platform, announced it has raised $150 million in Series D funding led by General Atlantic, with participation from existing investors.

Cycles: $6.4 Million Raised To Build Open Clearing Network For On-Chain Finance

By Amit Chowdhry ● May 23, 2026

Cycles, a startup building an open, privacy-preserving clearing network for crypto markets and stablecoin payments, announced it has raised $6.4 million in funding led by Blockchange Ventures, with participation from Coinbase Ventures, Compound VC, Primitive Ventures, and angel investors. The company said the latest round brings its total funding to $8.7 million following a $2.3 million pre-seed round in 2025.

Shatterdome Energy: $3.5 Million Raised To Build AI-Powered Energy Trading Platform

By Amit Chowdhry ● May 23, 2026

Shatterdome Energy, an AI-driven energy trading and intelligence startup, emerged from stealth with $3.5 million in pre-seed funding to develop a platform designed to help renewable energy operators, utilities, and large power consumers navigate increasingly volatile electricity markets. The round was led by Crucible Capital, with participation from Transpose Platform and Entrepreneurs First.

Vêtir: $5.5 Million Series A Raised At $150 Million Valuation For AI Luxury Fashion Platform

By Amit Chowdhry ● May 23, 2026

Vêtir, an AI-powered luxury wardrobe operating system focused on transforming how consumers get dressed, shop, and manage their wardrobes, announced the successful first close of its Series A financing, raising $5.5 million at a $150 million valuation.

CTC Global Solutions: Pre-Seed Funding Raised To Expand GovCon Platform BIDBridgeVen

By Amit Chowdhry ● May 23, 2026

CTC Global Solutions announced the completion of its first pre-seed funding round with Elevate Ventures to support the expansion of BIDBridgeVen, an operating system designed for government contract bidders.

Stellus Capital: $1.5 Billion Stellus Credit Fund IV Closes At Fundraising Target

By Amit Chowdhry ● May 23, 2026

Stellus Capital Management announced the final close of Stellus Credit Fund IV (SCF IV), with the firm reaching its fundraising target and securing approximately $1.5 billion of investable capital. SCF IV is the successor to Stellus Credit Fund III and officially closed on April 1, 2026. The fund has already invested in 44 portfolio companies.

Marco Sealing Solutions: Pride Seals Acquisition Expands Engineered Sealing Solutions Platform

By Amit Chowdhry ● May 23, 2026

Marco Sealing Solutions, an Align Capital Partners portfolio company, announced the acquisition of Pride Seals, Inc., strengthening its position as a provider of engineered sealing solutions across industrial end markets.

Expedia: Acquisition Of CarTrawler Expands B2B Travel Platform Strategy

By Amit Chowdhry ● May 23, 2026

Expedia Group announced it has entered into an agreement to acquire CarTrawler, advancing its strategy to build a more comprehensive B2B travel platform spanning lodging, activities, car rentals, ground transportation, and Insurtech services.

Tallvine Partners: Marine Infrastructure Platform Expands With Lind Marine Acquisition

By Amit Chowdhry ● May 23, 2026

Tallvine Partners announced the acquisition of Lind Marine, LLC, expanding its North American marine infrastructure platform to the West Coast. The deal marks Tallvine’s second acquisition in the sector following its September 2025 acquisition of Donjon Marine, LLC. Terms of the transaction were not disclosed.

PGIM: $260 Million Deployed As Real Estate Fund Completes 10th Property Acquisition

By Amit Chowdhry ● May 23, 2026

PGIM announced that the PGIM Real Estate Fund completed its 10th property acquisition with the purchase of The Arbor, a 127-unit residential community located in the Riverdale neighborhood of the Bronx, New York, at a gross capitalization of $73.5 million.

Datavault AI And Wellgistics Health Create $4 Billion DelivMeds AI Venture

By Amit Chowdhry ● May 23, 2026

Datavault AI announced a binding term sheet with Wellgistics Health to form DelivMeds AI, Inc., a new healthcare-focused company expected to integrate blockchain-enabled healthcare infrastructure, AI-powered pharmacy services, biometric verification technologies, drone logistics intellectual property, and consumer health platforms. The combined transaction package carries an expected approximate asset value of $4 billion, subject to an independent fairness opinion.

InSphero: PhenoVista Biosciences Acquisition Expands 3D Cell-Based Assay And Imaging Capabilities

By Amit Chowdhry ● May 23, 2026

InSphero AG announced the acquisition of PhenoVista Biosciences, Inc. in a move designed to expand advanced 3D cell-based assay, high-content imaging, and predictive in vitro modeling capabilities for drug discovery and toxicology research.