Archives

Hermes Intelligence: Daniel Sako Appointed CEO Of AI-Native Strategic Intelligence Company

By Amit Chowdhry ● Mar 19, 2026

Hermes Intelligence announced the appointment of Daniel Sako as chief executive officer, bringing a background in alternative data and hedge fund analytics to lead the company’s next phase of growth.

Omada: AI Identity Security Company Appoints Jakob H. Kraglund As CEO To Drive Global Growth

By Amit Chowdhry ● Mar 19, 2026

Omada, an AI-powered identity security and governance company, announced the appointment of Jakob H. Kraglund as chief executive officer, signaling a new phase of global expansion as enterprises adapt to AI-driven systems and evolving cybersecurity challenges.

Eden Communications Appoints Ryan Brack As SVP To Expand Deep Technology Practice

By Amit Chowdhry ● Mar 19, 2026

Eden Communications announced the appointment of Ryan Brack as Senior Vice President, strengthening its leadership in frontier technology, artificial intelligence communications strategy, and high-stakes reputation management. The New York-based strategic communications agency said Brack will play a key role in expanding its deep technology practice and advising clients navigating complex policy and innovation environments.

Ernst & Young: AI-Native EY.ai PDLC Platform Launched With 8090 To Accelerate Enterprise Software Development

By Amit Chowdhry ● Mar 19, 2026

Ernst & Young (EY US) has launched EY.ai Product Development Lifecycle (PDLC), an AI-native software development framework built in collaboration with 8090, aimed at transforming how enterprises design, build, and deploy software. The new platform replaces traditional, linear development processes with a dynamic, AI-driven model designed to significantly reduce development timelines, costs, and failure rates.

Oracle: AI Smart Assistant For Restaurants Enhances POS Support And Operational Efficiency

By Amit Chowdhry ● Mar 19, 2026

Oracle announced new artificial intelligence-powered Smart Assistant capabilities within its Simphony Cloud Point of Sale platform, aimed at helping restaurants streamline operations, reduce downtime, and empower frontline staff with real-time support.

xmemory: $4 Million Raised For AI Memory Layer Platform

By Amit Chowdhry ● Mar 19, 2026

xmemory, a London-based developer of a memory layer for AI workflows, has raised $4 million in pre-seed funding as it emerges from stealth and begins early deployments with select partners.

Multiply: $9.5 Million Raised For AI Media Agency Focused On Self-Learning Advertising

By Amit Chowdhry ● Mar 19, 2026

Multiply, an AI-native media agency for B2B companies, announced it has raised $9.5 million in funding as it emerged from stealth to launch a new category it calls self-learning advertising.

Foresight: $25 Million Raised For AI Infrastructure Project Delivery Platform Expansion

By Amit Chowdhry ● Mar 19, 2026

Foresight, an AI-powered project delivery platform focused on large-scale infrastructure, has raised $25 million in a Series A funding round to expand its product and scale globally as demand grows across sectors such as AI infrastructure, energy, defense, and advanced manufacturing.

Sumitomo Life Insurance: Reported $1.9 Billion Private Credit Push To Boost Returns

By Amit Chowdhry ● Mar 19, 2026

Sumitomo Life Insurance Co. is considering allocating about ¥300 billion, or roughly $1.9 billion, to private credit as part of its investment strategy for the upcoming fiscal year, according to a Bloomberg report.

Laminar: $3 Million Raised For AI Agent Observability Platform

By Amit Chowdhry ● Mar 19, 2026

Laminar, an open-source observability platform for AI agents, has raised $3 million in funding as it looks to help companies better understand, debug, and optimize their AI systems at scale. The round was led by Atlantic, with participation from Y Combinator and AAL VC.

Riverside Insights Acquires Move This World To Expand Student Behavioral And Mental Health Platform

By Amit Chowdhry ● Mar 19, 2026

Riverside Insights, a provider of research-backed educational assessments, announced it has acquired Move This World, a behavioral and mental health platform serving PreK–12 school communities. The deal aims to create a more integrated system that connects assessment, instruction, and student support within a unified multi-tiered system of supports (MTSS) framework.

CrossCountry Mortgage Acquires Mortgage Banker Summit Funding

By Amit Chowdhry ● Mar 19, 2026

CrossCountry Mortgage, a retail mortgage lender, announced that it has entered into an agreement to acquire Summit Funding, Inc., a privately held mortgage banker and servicer headquartered in Sacramento, California.

Datacor Acquires GoldSim Technology Group To Expand Simulation Capabilities

By Amit Chowdhry ● Mar 19, 2026

Datacor, a software provider for engineers, process manufacturers, and chemical distributors, announced it has acquired GoldSim Technology Group, a developer of dynamic simulation software used to model complex systems under uncertainty.

Justin Ishbia’s Chicago Land Deal Fuels Stadium Speculation Amid Mixed-Use Development Plans

By Amit Chowdhry ● Mar 19, 2026

Billionaire Justin Ishbia’s agreement to acquire a large parcel of land near downtown Chicago is fueling speculation about a potential new stadium for the Chicago White Sox, according to a Bloomberg report. But the deal has not been accompanied by any formal announcement of a stadium project, with available details pointing instead to early-stage development planning.

GE HealthCare: $2.3 Billion Intelerad Acquisition To Expand Cloud Imaging And AI Capabilities

By Amit Chowdhry ● Mar 19, 2026

GE HealthCare has completed its acquisition of Intelerad, a medical imaging software provider, in a deal valued at approximately $2.3 billion in cash, as the company accelerates its push into cloud-first and AI-enabled healthcare solutions.

Clarion Partners: Luxury Senior Living Real Estate Manager Acquires Washington Community

By Amit Chowdhry ● Mar 19, 2026

Clarion Partners, a real estate investment manager specializing in commercial and healthcare assets, has acquired The Grand at Spokane, a newly delivered luxury senior living community in Washington state, according to an official company announcement.

Ofiniti: $6.8 Million Raised To Scale Digital Bunkering Platform For Global Shipping

By Amit Chowdhry ● Mar 19, 2026

Ofiniti, a digital platform for maritime fuel operations, announced it has raised $6.8 million in a growth round to expand its global footprint and accelerate the adoption of its digital bunkering solutions. The round was led by Verb Ventures and co-led by ShipsFocus, with participation from DNV, Nysnø, and other investors, bringing the company’s total funding to $9 million.

Mozilla: New Features Introduced On Firefox Versions 148 And 149 With Focus On Privacy, AI Controls, And Multitasking Tools

By Amit Chowdhry ● Mar 19, 2026

Mozilla has announced a series of upcoming updates to its Firefox browser, highlighting new features across versions 148 and 149 that emphasize user control, privacy protections, and improved productivity tools. The updates introduce enhancements to settings navigation, built-in security measures, AI-powered assistance, and multitasking capabilities.

Flexiv: Investment Raised To Scale Global Deployment Of Adaptive Robotics

By Amit Chowdhry ● Mar 19, 2026

Flexiv, a general-purpose robotics company, announced it has secured a new strategic investment led by Invus, with participation from existing investors, as it looks to expand its global footprint and accelerate development of its adaptive robotics technology.

Adenia Partners: $180 Million Raised For Entrepreneurial Fund And First Investment In Moroccan Food Brand Maymana

By Amit Chowdhry ● Mar 19, 2026

Adenia Partners, a private equity firm focused on growth opportunities across Africa, announced the first close of its Adenia Entrepreneurial Fund I at its hard cap of $180 million, exceeding its original $150 million target and bringing the firm’s total capital raised to over $1 billion.

AECOM: $151 Billion U.S. Missile Defense Agency SHIELD Contract Position Secured For Defense Infrastructure Modernization

By Amit Chowdhry ● Mar 19, 2026

AECOM announced it has been awarded a position on the U.S. Missile Defense Agency’s Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, contract, a program with a ceiling value of $151 billion. The indefinite-delivery, indefinite-quantity contract is designed to accelerate the delivery of innovative defense capabilities with increased speed and agility.

Allworth Financial Launches Women’s Collective Initiative To Drive Growth And Leadership Development

By Amit Chowdhry ● Mar 19, 2026

Allworth Financial, a Folsom, California-based registered investment advisor managing about $34 billion in assets, announced the launch of the Allworth Women’s Collective, a firmwide initiative designed to expand engagement with women investors, accelerate female advisor recruitment, and strengthen leadership development across the organization. The initiative was formally introduced during the firm’s Advisor Ascend Conference in Dallas.

Fervo Energy: $421 Million Secured For Cape Station Geothermal Project Financing

By Amit Chowdhry ● Mar 19, 2026

Fervo Energy announced it has secured $421 million in non-recourse debt financing for the first phase of its Cape Station geothermal development, marking a major milestone in advancing enhanced geothermal systems as a scalable, utility-scale energy solution. The oversubscribed financing signals a transition from early-stage funding to long-term project capital and reflects growing confidence in geothermal as a reliable source of clean energy.

WideField Security: Cisco Investment Backs AI Agent Identity Monitoring Expansion

By Amit Chowdhry ● Mar 19, 2026

WideField Security announced that Cisco Investments has joined its Series A funding round as the company unveiled new capabilities to monitor and secure autonomous AI agents. The announcement also includes the appointment of John Hurley, Chief Revenue Officer of Optiv, to WideField’s board.

Avtal: $24 Million Raised For Digital Debt Collection Infrastructure Platform

By Amit Chowdhry ● Mar 19, 2026

Avtal, a digital engagement platform focused on modernizing debt collection, announced it has raised $24 million across its seed and Series A funding rounds. The investment was led by S3 Ventures with participation from NJP Ventures and will be used to expand the company’s engineering team and accelerate development of its compliant digital communication platform.

Wolfspeed: $475.9 Million Raised To Strengthen Capital Structure And Reduce Debt

By Amit Chowdhry ● Mar 19, 2026

Wolfspeed announced it has entered into subscription agreements with new and existing investors to raise approximately $475.9 million through a combination of convertible notes, common stock, and pre-funded warrants, as part of a broader effort to strengthen its balance sheet and reduce higher-cost debt.

Bedrock Data: Strategic Investment From Snowflake Ventures To Advance AI Data Governance

By Amit Chowdhry ● Mar 19, 2026

Bedrock Data, a data-centric security and governance platform provider, announced a strategic investment from Snowflake Ventures alongside a deeper technical integration with Snowflake’s AI Data Cloud and a joint go-to-market partnership. The collaboration expands Bedrock Data’s AI-powered data classification and governance capabilities within Snowflake’s ecosystem, including integration with Snowflake Horizon for unified data visibility.

Alembic Technologies: Real-Time Causal AI Platform For Enterprise Decision Simulation Launched

By Amit Chowdhry ● Mar 19, 2026

Alembic Technologies announced the launch of Version 3.0 of its Causal AI platform, introducing real-time enterprise simulation capabilities designed to help organizations model the financial impact of strategic decisions before committing capital.

iA Financial Group: $1 Million Donation To Support Pediatric AI Initiative At SickKids

By Amit Chowdhry ● Mar 19, 2026

iA Financial Group, a Canadian insurance and wealth management company, announced a $1 million donation to the SickKids Foundation to advance artificial intelligence in pediatric health care. The funding will be distributed over the next ten years and will support the SickKids AI (SKAI) program, which focuses on integrating responsible AI across care, research, education, and operations.

Osaic: $204 Million Firm The Finance Couple Practice Joins Via Innovative Financial Group

By Amit Chowdhry ● Mar 19, 2026

Osaic announced that Greenville, South Carolina–based advisory firm The Finance Couple has joined its platform through office of supervisory jurisdiction Innovative Financial Group, bringing approximately $204 million in client assets from LPL Financial.