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Wordsmith AI Raises $14 Million Series B Extension Led By Intact Private Capital

By Amit Chowdhry ● Aug 5, 2026

Wordsmith AI has raised a $14 million extension to its Series B financing to expand its enterprise legal AI platform for in-house legal teams. The extension was led by new investor Intact Private Capital, with participation from existing investors Highland Europe and Index Ventures. FT Ventures also joined Wordsmith as a shareholder.

NCR Voyix: Interview With Amit Acharya About Unified Commerce And Agentic Retail

By Amit Chowdhry ● Aug 5, 2026

NCR Voyix is a platform-powered leader in unified commerce for shopping and dining, bringing together software, payments, services, and edge-enabled execution on the Voyix Commerce Platform. Serving customers in more than 35 countries, the company empowers retailers and restaurants to accelerate new possibilities for their businesses. Pulse 2.0 interviewed NCR Voyix Head of Product for Retail Commerce Amit Acharya to learn more.

Kraft Heinz Raises Organic Sales Outlook 125 Basis Points As Incremental Investment Reaches $700 Million

By Amit Chowdhry ● Aug 5, 2026

Kraft Heinz raised its full-year 2026 organic-sales outlook after second-quarter results exceeded management’s expectations across U.S. retail, food service, and emerging markets. The company now expects organic net sales to decline between 0.5% and 2% compared with the prior year. Its previous guidance called for a decline of between 1.5% and 3.5%.

VestGen Wealth Partners Expands Zocks Partnership To Support AI-Enabled Organic Growth

By Amit Chowdhry ● Aug 5, 2026

VestGen Wealth Partners has expanded its relationship with Zocks, a privacy-focused artificial intelligence platform for financial advisors, to support advisor productivity and organic growth.

Power Digital Launches AI-Native Growth Model Built On Iris, Omega, And Creative Affinity

By Amit Chowdhry ● Aug 5, 2026

Power Digital has introduced a proprietary AI ecosystem designed to help brands make, execute and improve growth decisions in real time. The new operating model combines more than a decade of performance data, marketing frameworks and industry-specific expertise across three technologies: Iris, Omega and Creative Affinity.

Orion Launches Fractional Share Trading For Advisors Custodying With Schwab

By Amit Chowdhry ● Aug 5, 2026

Orion has introduced fractional share trading for financial advisors who custody client assets with Schwab Advisor Services. The capability is available through Orion Trading, the company’s next-generation trading and rebalancing platform, and its order management system.

Left Lane Capital Announces Senior Promotions Across Investment, Portfolio Support, And Operations Teams

By Amit Chowdhry ● Aug 5, 2026

Left Lane Capital has announced a new group of senior promotions across its investment, portfolio support, finance and operations teams as the firm continues expanding its leadership structure.

Mitsui: Core Operating Cash Flow Reaches $1.78 Billion

By Amit Chowdhry ● Aug 5, 2026

Mitsui & Co. reported approximately $1.78 billion of core operating cash flow during its fiscal first quarter, even though cash provided by operating activities was only about $268 million.

Westlake: PEM Operating Income Swings $503 Million As Average Prices Rise 14%

By Amit Chowdhry ● Aug 5, 2026

Westlake Corporation delivered a sharp recovery in its Performance and Essential Materials business during the second quarter of 2026 as higher polyethylene and PVC resin prices, lower energy costs, supply disruptions, and internal profitability initiatives transformed the segment’s earnings.

Lumora Raises Pre-Seed Funding To Target South Korea’s $145 Billion Industrial Solar Market

By Amit Chowdhry ● Aug 5, 2026

Lumora has closed a pre-seed financing round to expand its industrial solar platform across South Korea. The round was led by a fund anchored by consumer goods company Yuhan-Kimberly and managed by MYSC, with participation from HGI and other strategic investors.

Moove Raises $250 Million At $2.1 Billion Valuation To Scale Autonomous Mobility Infrastructure

By Amit Chowdhry ● Aug 5, 2026

Moove has raised $250 million in Series C funding at a $2.1 billion valuation to expand its autonomous vehicle fleet and infrastructure platform. The round was led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s growth fund, and Ion Pacific. BlueCrest Capital Management, Sona Asset Management and The Raptor Group also participated.

Medallia Completes Recapitalization And Secures $150 Million In New Capital

By Amit Chowdhry ● Aug 5, 2026

Medallia has completed a recapitalization agreement with its lenders, significantly reducing its outstanding debt and securing $150 million in new capital.

Obsidian Therapeutics Completes Galera Merger And $350 Million Private Placement

By Amit Chowdhry ● Aug 5, 2026

Obsidian Therapeutics has completed its previously announced transaction with Galera Therapeutics and closed an oversubscribed $350 million private placement.

Patelco Credit Union Invests In Payfinia And Joins CUSO Board

By Amit Chowdhry ● Aug 5, 2026

Patelco Credit Union has made a strategic investment in Payfinia’s Credit Union Service Organization and joined its board to help shape the development of embedded and real-time payment services for credit unions. Financial terms were not disclosed.

PaveMasters Secures Majority Investment From THL Partners

By Amit Chowdhry ● Aug 5, 2026

PaveMasters has received a majority investment from THL Partners to accelerate the expansion of its pavement maintenance platform across the Western United States. Existing investor Northern Lakes Capital sold its ownership stake as part of the transaction. Financial terms were not disclosed.

Scale Social AI Raises New Financing To Expand Enterprise Content Infrastructure Platform

By Amit Chowdhry ● Aug 5, 2026

Scale Social AI has raised new financing to expand its AI-native content infrastructure platform and managed programs for enterprise brands. The amount and investors were not disclosed.

Balance Theory Raises $19 Million Series A Led By SYN Ventures

By Amit Chowdhry ● Aug 5, 2026

Balance Theory has raised $19 million in Series A funding to expand its AI-native platform for managing cybersecurity investments. The round was led by SYN Ventures, with participation from existing investors DataTribe and TEDCO.

Ratio Therapeutics Raises $70 Million Series C To Advance Radiopharmaceutical Pipeline

By Amit Chowdhry ● Aug 5, 2026

Ratio Therapeutics has raised $70 million in Series C funding to advance its targeted radiopharmaceutical pipeline and expand its manufacturing infrastructure. The round increases the clinical-stage pharmaceutical company’s total capital raised to more than $240 million. Existing investors Duquesne Family Office and Bristol Myers Squibb participated alongside new investors Catalio Capital Management, Eli Lilly and Company, and Wasatch Group.

Terra Mobility Secures $40 Million Credit Financing From Vista Credit Partners

By Amit Chowdhry ● Aug 5, 2026

Terra Mobility has secured $40 million in credit financing from Vista Credit Partners, the credit investment arm of Vista Equity Partners.

SpaceX: AI Adjusted EBITDA Reaches $1.15 Billion As Starlink Subscribers Double To 12 Million

By Amit Chowdhry ● Aug 4, 2026

SpaceX delivered rapid growth across its AI and Connectivity businesses during the second quarter of 2026, although the underlying results showed significant differences between adjusted profitability, reported operating income, subscriber expansion, and revenue per customer.

SpaceX Partners With NVIDIA To Develop Starmind AI1 Satellite Compute Payload

By Amit Chowdhry ● Aug 4, 2026

SpaceX is partnering with NVIDIA to design the Starmind AI1 satellite compute payload, an orbital computing system intended to bring data center-class artificial intelligence processing capabilities into space. Each Starmind satellite will include NVIDIA Rubin graphics processing units and Vera central processing units.

Summit Financial Adds Kamal Capital And M Group, Bringing About $520 Million In Combined Client Assets

By Amit Chowdhry ● Aug 4, 2026

Summit Financial has added Kamal Capital Group and M Group Investment Advisor to its national wealth management platform, bringing approximately $520 million in combined client assets. The partnerships increase Summit’s total number of advisory firm relationships to 65 and establish the company’s first presence in Georgia and Oregon. They also expand Summit’s footprint across Michigan, Florida and Washington.

Pie Secures Investment From Amex Ventures To Expand AI-Powered Small Business Growth Platform

By Amit Chowdhry ● Aug 4, 2026

Pie has secured an investment from Amex Ventures, the corporate venture capital arm of American Express, to accelerate the expansion of its AI-powered growth platform for small businesses. Financial terms of the investment were not disclosed.

VersaBank Appoints Lawrence Chamberlain As Global SVP Of Investor And Stakeholder Relations

By Amit Chowdhry ● Aug 4, 2026

VersaBank has appointed Lawrence Chamberlain as Global Senior Vice President of Investor and Stakeholder Relations, effective immediately. Chamberlain joins the North American business-to-business digital bank after advising the company on investor relations matters for the past six years as a consultant.

McGuireWoods Adds Energy Regulatory And Transactions Partner Mustafa Ostrander

By Amit Chowdhry ● Aug 4, 2026

McGuireWoods has added energy regulatory lawyer Mustafa Ostrander as a partner in the firm’s Washington, D.C., office. Ostrander brings more than 20 years of experience advising energy companies on federal regulatory, compliance, enforcement and transactional matters.

Asset Vantage Appoints Nicole Eberhardt As Global CEO

By Amit Chowdhry ● Aug 4, 2026

Asset Vantage has appointed Nicole Eberhardt as Global Chief Executive Officer, effective August 1, 2026. Eberhardt previously served as Managing Director of North America at Asset Vantage. In her new role, she will lead the company’s global growth, product innovation and market expansion efforts.

LexisNexis Opens Customer Innovation Lab To Accelerate Legal AI Development

By Amit Chowdhry ● Aug 4, 2026

LexisNexis Legal & Professional has opened a Customer Innovation Lab in New York City to bring legal professionals, engineers and technology collaborators together to develop and test new legal artificial intelligence capabilities.

Aavalynx Raises £1.5 Million Pre-Seed Funding Led By Omega Ventures

By Amit Chowdhry ● Aug 4, 2026

Aavalynx has raised £1.5 million in pre-seed funding to expand its artificial intelligence-powered platform for helping enterprises understand and manage the financial risks associated with legal disputes. Omega Ventures led the round, with participation from Two Ravens and a group of angel investors that included senior law firm partners and a former European executive at Amazon.

Smartbird Nominates Elizabeth Mora And Dan Kasun For Election To Board Of Directors

By Amit Chowdhry ● Aug 4, 2026

Smartbird has nominated technology industry veterans Elizabeth Mora and Dan Kasun for election to its board of directors at the AI infrastructure provider’s next annual meeting of stockholders. The nominees would add experience across corporate governance, finance, cloud computing, artificial intelligence sales, partner ecosystems and go-to-market strategy.

Hightower Signature Wealth Adds $2.5 Billion Firm Stearns Financial Group

By Amit Chowdhry ● Aug 4, 2026

Hightower Advisors has added Stearns Financial Group to Hightower Signature Wealth, bringing approximately $2.5 billion in assets under management and 30 employees to the integrated wealth management platform. Stearns Financial Group operates from Greensboro and Chapel Hill, North Carolina, and has provided financial planning and wealth management services since 1991.