Archives

Smallest.ai Raises $21 Million In Funding To Build Voice 4.0, The Next Generation Of Enterprise Voice AI

By Amit Chowdhry ● Jul 31, 2026

Smallest.ai has surpassed $21 million in total funding following the close of a $13 million Series A led by Seligman Ventures, with participation from Sierra Ventures and 3one4 Capital. The company is a San Francisco-based foundational AI research lab building real-time voice AI infrastructure for enterprises.

Ratio Therapeutics Secures $70 Million Series C Financing To Advance Clinical Development Of Targeted Radiotherapeutics Pipeline

By Amit Chowdhry ● Jul 31, 2026

Ratio Therapeutics, Inc. has closed a $70 million Series C financing, bringing total capital raised to over $240 million. The round included participation from existing investors Duquesne Family Office and Bristol Myers Squibb, along with new investors Catalio Capital Management, Eli Lilly and Company, and Wasatch Group.

ImagineX Acquires Payteros To Strengthen Digital Transformation Capabilities

By Amit Chowdhry ● Jul 31, 2026

ImagineX has acquired Payteros, expanding its capabilities to help enterprise clients modernize, simplify, and scale digital operations. The acquisition combines ImagineX's expertise in AI, strategy, design, and engineering with Payteros' deep digital transformation expertise, bringing together two firms with complementary strengths in advising enterprises on complex technology change. Terms of the transaction were not disclosed.

Platinum Equity Invests In North American Lighting Specialist LMPG

By Amit Chowdhry ● Jul 31, 2026

Platinum Equity has made a significant investment in LMPG Inc., a North American manufacturer of specification-grade lighting solutions. Financial terms were not disclosed. LMPG founder François-Xavier Souvay, W Investments, and President and CEO Peter Timotheatos and the management team are rolling their equity and will remain significant investors, while Platinum Equity acquires outstanding shares from existing institutional investors.

Raymond James Welcomes $5.4 Billion California Advisor Team

By Amit Chowdhry ● Jul 31, 2026

Raymond James has welcomed financial advisors Cory Matsumoto, Rey Carandang, and Genae Affrunti to Raymond James & Associates, the firm's employee advisor channel. Operating as Capital Reserve Group of Raymond James in Newport Beach, California, the team arrives from Comerica, where they managed $5.4 billion in client assets.

Okta To Acquire Permiso Security

By Amit Chowdhry ● Jul 31, 2026

Okta has signed a definitive agreement to acquire Permiso Security, a cloud-native identity security platform that detects and mitigates threats across human, non-human, and agentic identities in multi-cloud environments. The addition will give the Okta Platform comprehensive identity threat detection and response capabilities.

Dragonfly Energy Announces Strategic Acquisition Of Dakota Lithium Assets, Expanding Into New Markets For $4 Million

By Amit Chowdhry ● Jul 31, 2026

Dragonfly Energy Holdings has completed the acquisition of substantially all of the operating assets associated with the Dakota Lithium brand for a total purchase price of $4 million. The acquisition expands Dragonfly Energy's reach across marine, outdoor recreation, powersports, golf cart, and other specialty battery markets.

ESSENCE Ventures Makes Strategic Investment In REVOLT’s Parent Company, Connecting Two Leaders In Cultural Influence

By Amit Chowdhry ● Jul 31, 2026

ESSENCE Ventures, the investment and operating arm of Sundial Media & Technology Group, has made a strategic investment in Offscript Worldwide, the parent brand of REVOLT, REVOLT Sports, 3BLACKDOT, and the Offscript Creator Network.

Bank Of America To Acquire Information Security Consultancy MDSec Consulting Limited

By Amit Chowdhry ● Jul 31, 2026

Bank of America has announced plans to acquire information security specialist MDSec Consulting Limited. The deal is expected to be completed during the fourth quarter of 2026 following regulatory approvals.

Linde To Invest $1 Billion To Support Major U.S. Semiconductor Facility Expansion

By Amit Chowdhry ● Jul 31, 2026

Linde has been awarded a new long-term agreement to supply ultra-high-purity industrial gases to one of the world's largest semiconductor manufacturers. The agreement will support the expansion of the customer's semiconductor manufacturing complex in Phoenix, Arizona, and Linde will invest $1 billion to expand its existing on-site industrial gases complex there, making the site one of Linde's largest investments for an electronics customer globally.

Balance Theory Raises $19 Million To Reinvent How Enterprises Manage Cybersecurity Investments

By Amit Chowdhry ● Jul 31, 2026

Balance Theory, an AI-native platform for cybersecurity investment decisions and execution, has raised $19 million in Series A financing led by SYN Ventures, with existing investors DataTribe and TEDCO also participating. Cybersecurity executive Dan Burns, founder of Accuvant and former CEO of Optiv, has joined Balance Theory as executive chairman.

Intropy Announces $11 Million In Funding To Build The AI-Native Operating System For The Spare Parts Supply Chain

By Amit Chowdhry ● Jul 31, 2026

Intropy, an AI-native platform automating inventory, pricing, and other decisions for spare parts businesses, has raised $11 million in seed financing led by Felix Capital, with participation from Quiet Capital and early investors General Catalyst and firstminute capital. The company was founded in 2024 by Franziska Kirschner and YihKai Teh.

Merrill Reportedly Brings In $13 Billion Team From Morgan Stanley’s Graystone Consulting

By Amit Chowdhry ● Jul 31, 2026

Merrill has added a 14-person institutional consulting team from Morgan Stanley's Graystone Consulting business that oversees more than $13 billion in client assets, according to Barron's. The team will operate out of Merrill Private Wealth Management's Boston office and serves ultra-high-net-worth families, corporate executives, entrepreneurs, and retirement plan sponsors across the United States.

OMERS Private Equity Welcomes Adam Buzanis As Managing Director, Head Of Funds

By Amit Chowdhry ● Jul 31, 2026

OMERS Private Equity has announced the appointment of Adam Buzanis as Managing Director, Head of Funds, as the firm continues to expand its external funds program. Buzanis brings deep experience across global private markets, including primary funds, co-investments, and secondaries, positioning him to build out this growing area of the platform.

LPL Announces Recruited Assets Of $25 Billion For Q2 2026, Up 35% Year-Over-Year

By Amit Chowdhry ● Jul 31, 2026

LPL Financial reported results for its second quarter ended June 30, 2026, with net income of $379 million, or $4.74 per diluted share, up 39% from a year ago. Adjusted EPS increased 29% year-over-year to $5.84. Gross profit increased 24% year-over-year to $1,618 million.

CVC Reports Strong Delivery In H1 2026 With Fee-Paying AUM Of €153 Billion

By Amit Chowdhry ● Jul 31, 2026

CVC Capital Partners announced financial highlights for the six months ended June 30, 2026. Fee-paying assets under management reached €153 billion, up 9% versus H1 2025. Credit, Secondaries and Infrastructure grew 19% versus H1 2025.

UNIT AI Raises $12 Million To Scale AI-Powered E-Commerce Fulfillment And Returns As Customer Demand Accelerates

By Amit Chowdhry ● Jul 31, 2026

UNIT AI, a physical AI company, has announced $12 million in funding to accelerate commercial deployments of its AI-powered platform for ecommerce fulfillment and returns. Prologis Ventures, Dynamo Ventures, and Ground Up Ventures co-led the round, with participation from eGateway Capital, Recursive Ventures, Think + Ventures, ZEP Fund, and Crosscourt.

S&P To Acquire Majority Stake In Agusto & Company, Expanding Ratings’ Presence In Africa’s Debt Markets

By Amit Chowdhry ● Jul 31, 2026

S&P Global has agreed to acquire a majority stake in Agusto & Co., a Pan-African rating agency with operations in Nigeria, Kenya, Rwanda, and Ghana. The investment will complement and support the growth strategy of the S&P Global Ratings division in Africa.

Enigma Raises $71 Million Seed Round And Puts The World’s First Interactive AI Robots Online

By Amit Chowdhry ● Jul 31, 2026

Enigma, a physical AI company, emerged from stealth with a $71 million seed round. Index Ventures and Ribbit Capital led the round, with participation from Conviction Partners and leaders from OpenAI, Anthropic, DeepMind, xAI, Cognition, and Wiz.

Dwelly Announces $170 Million Series B To Scale AI-Native Residential Lettings Platform

By Amit Chowdhry ● Jul 31, 2026

Dwelly has announced a $170 million Series B round. EQT Group led the round, co-led by General Catalyst and Trinity Capital, with participation from s16vc, Begin Capital, and DVC. Total funding to date reaches $260 million.

Biota Closes $3 Million Seed Round Led By Burnt Island Ventures To Scale Commercial Deployment Of PFAS Testing Technologies

By Amit Chowdhry ● Jul 31, 2026

Biota, an environmental diagnostics company, has closed a $3 million seed financing round. Burnt Island Ventures led the round, with significant participation from DeepWork Capital. The round also included renewed participation from Antler, Beyond Utility Water Ventures, and the Deming Center Venture Fund.

Recursive Signs $410 Million Multi-Year Collaboration With AWS To Scale Self-Improving AI

By Amit Chowdhry ● Jul 31, 2026

Recursive, an AI company building recursive self-improving superintelligence to automate knowledge discovery, has announced a multi-year, $410 million agreement with Amazon Web Services. Recursive will run its automated AI research system on AWS as its cloud provider.

Trace Biosciences Raises Strategic Investment From Axogen

By Amit Chowdhry ● Jul 31, 2026

Trace Biosciences, a clinical-stage biotechnology company developing nerve-targeted imaging agents, has received a strategic investment from Axogen, Inc. The investment was part of Trace's Series A financing round, with additional investors expected to join.

Provable Markets Raises Series B Funding Round Led By Charles Schwab, With Additional Participation By DTCC

By Amit Chowdhry ● Jul 31, 2026

Provable Markets, operator of the securities finance platform Aurora, has completed its Series B investment round. Charles Schwab led the round, with DTCC joining as a new investor, alongside participation from existing investors Dialectic Capital Management and Inkef.

GTCR Closes $1.25 Billion Capital Solutions Fund

By Amit Chowdhry ● Jul 31, 2026

GTCR, a private equity firm, has closed its inaugural Capital Solutions Fund with approximately $1.25 billion in aggregate commitments. Limited partner commitments came almost exclusively from existing, long-term investors in other GTCR funds.

InvestiFi Raises $20 Million To Accelerate Embedded Investing For Credit Unions And Community Banks

By Amit Chowdhry ● Jul 31, 2026

InvestiFi, a Credit Union Service Organization and operator of the InvestTech platform, has raised $20 million in funding. Vibe Credit Union led the round, with participation from BankTech Ventures, Idaho Central Credit Union, Navari, United Financial Credit Union, Coastal Credit Union, Mid Minnesota Credit Union, Truity Credit Union, and Southpoint Credit Union.

Precise Behavioral Secures $14.2 Million In Venture Funding

By Amit Chowdhry ● Jul 31, 2026

Precise Behavioral, a physician-led behavioral health services and technology company, has announced $14.2 million in venture funding. A1 Health Ventures led the round, with participation from Ziegler Link-Age Fund, Converge Capital Partners, and Granite Financial Holdings, an affiliate of Blue Cross of Idaho.

Encore AI Raises $30 Million To Deploy AI Platform Built To Generate Revenue From Customer Interactions

By Amit Chowdhry ● Jul 31, 2026

Encore AI, formerly known as Insait IO, has raised a $30 million Series A round. Team8, Planven, and The Garage led the round. The company deploys AI agents powered by its patented Interaction Mining technology across every customer channel.

Soter Insure Secures Series B Funding Led By Galaxy To Scale Its Digital Asset Insurance Solutions

By Amit Chowdhry ● Jul 31, 2026

Soter Insure, a provider of specialized insurance products for the digital asset economy, has announced the first close of its Series B funding round. Galaxy Digital led the round, with new participation from Coinbase Ventures and Franklin Templeton and follow-on investment from Brevan Howard Digital.

Coinbase: Everything Exchange Drives 3rd Consecutive Quarter Of Record Crypto Trading Volume

By Amit Chowdhry ● Jul 31, 2026

Coinbase Global announced second-quarter financial results showing market share gains, revenue diversification, and cost discipline despite a challenging market. The results reflect the company's success in accelerating product velocity and serving customers, developers, agents, institutions, banks, and government agencies.