Archives

RISR Partners With OnePoint BFG Wealth Partners to Expand Business Owner Planning Capabilities

By Amit Chowdhry ● Jul 12, 2026

RISR has entered into a partnership with OnePoint BFG Wealth Partners to provide the wealth advisory firm with specialized technology designed to help financial advisors better serve entrepreneurs and privately held business owners.

Everforth Completes Refinancing And Expands Revolving Credit Facility To $600 Million

By Amit Chowdhry ● Jul 12, 2026

Everforth announced the completion of a refinancing transaction that increases its revolving credit facility from $500 million to $600 million, providing the technology and digital engineering company with additional financial flexibility to support its long-term growth strategy.

Palm Beach Capital Invests In NELSON Worldwide To Expand National Architecture And Design Platform

By Amit Chowdhry ● Jul 12, 2026

Palm Beach Capital Fund VI has made a strategic investment in NELSON Worldwide through United Design Partners, advancing its strategy of building an integrated national architecture and design services platform. Financial terms of the transaction were not disclosed.

DXP Enterprises Expands ABL Revolver To $225 Million

By Amit Chowdhry ● Jul 12, 2026

DXP Enterprises announced that it has expanded its asset-based revolving credit facility from $185 million to $225 million, increasing its borrowing capacity by $40 million and providing additional financial flexibility to support its organic growth, acquisition strategy, and ongoing investments in the business.

Janney Expands Radnor Office With Four Advisors Managing Over $630 Million

By Amit Chowdhry ● Jul 12, 2026

Janney Montgomery Scott announced the expansion of its Radnor, Pennsylvania office with the addition of four financial advisors who collectively manage more than $630 million in client assets.

VerticalScope Makes $6.1 Million Strategic Investment In AltaML

By Amit Chowdhry ● Jul 12, 2026

VerticalScope Holdings announced an approximately $6.1 million strategic investment in AltaML, a Canadian applied artificial intelligence company.

Apollo Makes Higher £5.7 Billion Offer For EasyJet, Topping Castlelake Bid

By Amit Chowdhry ● Jul 12, 2026

EasyJet received a surprise takeover proposal from Apollo Global Management that values the U.K. budget airline at about £5.7 billion ($7.7 billion), according to Bloomberg. The offer represents a major twist in the ongoing takeover battle for EasyJet.

Blue Wolf Capital Appoints Anne Bailey As Lead Operating Partner

By Amit Chowdhry ● Jul 12, 2026

Blue Wolf Capital Partners announced that Anne Bailey has been appointed Lead Operating Partner and will join the firm’s senior leadership team. In this role, Bailey will lead Blue Wolf’s Operating Partners and work closely with portfolio company management teams across the firm’s healthcare and industrials investments.

Jolt Capital Appoints Charles Bernheim As Value Creation Partner In Berlin

By Amit Chowdhry ● Jul 12, 2026

Jolt Capital announced that Charles Bernheim has joined the firm as Value Creation Partner. He will be based in Berlin, Germany.

Cetera Welcomes Edward Duffy And Lexington Financial Team With $608 Million In AUA

By Amit Chowdhry ● Jul 12, 2026

Cetera announced that financial advisor Edward J. Duffy and his Lexington Financial team have joined the firm. The Braintree, Massachusetts-based team oversees approximately $608 million in assets under administration.

Potomac Financial Group Partners With Concurrent To Launch Independent RIA

By Amit Chowdhry ● Jul 12, 2026

Concurrent Investment Advisors announced a partnership with Potomac Financial Group, supporting the Maryland-based practice’s transition to independence. Potomac brings seven advisors and more than $750 million in client assets to Concurrent’s platform.

TibaRay Advances Galactica Cancer Treatment Systems Toward Clinical Deployment

By Amit Chowdhry ● Jul 12, 2026

TibaRay announced that its first Galactica cancer treatment systems have entered manufacturing. The milestone moves the Silicon Valley medical technology company’s next-generation radiotherapy platform closer to clinical deployment.

HarbourVest Partners Raises $4.75 Billion For Seventh Direct Co-Investment Program

By Amit Chowdhry ● Jul 12, 2026

HarbourVest Partners announced the final close of the HarbourVest Partners Co-Investment Fund VII Program with approximately $4.75 billion in total commitments. The program exceeded its $4 billion target, reflecting demand from a global group of new and existing limited partners.

Emesent Raises A$25 Million To Scale Cortex AI Autonomy Platform And Aura Cloud Software Across Mining, Defense And Construction

By Amit Chowdhry ● Jul 12, 2026

Emesent, a Brisbane-based autonomous mapping and robotics company, has raised A$25 million in new funding to accelerate development of its AI autonomy platform and cloud software offering, and to scale manufacturing at its Wacol, Queensland, production facility. The raise comprises a A$10 million venture debt facility from the National Reconstruction Fund Corporation (NRFC), Australia's sovereign investor in advanced manufacturing, and a A$15 million equity round backed by a syndicate including Main Sequence, QIC Ventures, Orion Resource Partners, Hostplus and NGS Super.

Hakimo Raises $12 Million Growth Round To Scale AI Physical Security Platform

By Amit Chowdhry ● Jul 12, 2026

Hakimo, a Menlo Park, California–based AI physical security monitoring company, has closed a $12 million growth round led by existing investor Zigg Capital, with participation from Neotribe Ventures, Vertex Ventures, Defy.vc and Rocketship.vc. The financing brings Hakimo's total funding to $32 million and will support accelerated product development, expansion across key verticals and continued team growth as the company rides what it describes as explosive demand for its AI plus services platform.

Forge Industries Raises $3.85 Million To Build First US Waste-To-Fuel Facility Outside Las Vegas

By Amit Chowdhry ● Jul 12, 2026

Forge Industries, a climate-tech company that converts hard-to-recycle waste into high-performance engineered fuels, has raised $3.85 million in a funding round co-led by Next Phase Capital and 8090 Industries, with the two firms contributing the majority of the new capital. The funding will support the development of Forge's first U.S. biofuel facility, planned for a site outside Las Vegas later this year, as the company moves from successful industrial-scale pilots into commercial operations.

AIsa Raises $6.5 Million To Build The Transaction Network For AI Agents

By Amit Chowdhry ● Jul 12, 2026

AIsa, a San Francisco–based company building what it describes as the transaction network for the AI agent economy, has raised $6.5 million in total funding to date, including a new seed round co-led by Alibaba and Tribe Capital, with participation from Draper Associates, Sumitomo Corporation, Saison Capital and other investors. The capital will be used to expand AIsa's engineering team, scale its payment infrastructure, onboard additional models, data, and API providers, and accelerate stablecoin settlement capabilities for AI agents and businesses worldwide.

Wonderdog Launches With $5 Million Pre-Seed To Bring At-Home Blood Testing And AI Health Intelligence To Preventive Dog Care

By Amit Chowdhry ● Jul 11, 2026

Wonderdog, a Los Angeles and New York–based preventive health platform for dogs, has launched publicly and announced $5 million in pre-seed funding led by consumer venture capital firms WndrCo and Maveron. The company combines at-home blood diagnostics measuring more than 40 biomarkers with an AI-powered health tracking app, positioning itself as the long-term health intelligence layer for dog owners who want to catch disease before symptoms appear rather than after.

Sherpa Raises $2.2 Million Pre-Seed To Build An AI Operating System For External Workforce Orchestration

By Amit Chowdhry ● Jul 11, 2026

Sherpa, an early-stage enterprise software company, has raised $2.2 million in pre-seed funding to build what it describes as an AI operating system for external work—the contingent talent, suppliers, services and AI agents that now account for the majority of how large enterprises get things done. The round is backed by Seedcamp, DN Capital, Activant and Brighteye, alongside operator angels who have previously scaled enterprise companies.

TJM Labs Reveals $100 Million Raised Across Three Rounds, 450+ Live Pharmacies, And Two Acquisitions

By Amit Chowdhry ● Jul 11, 2026

TJM Labs, a pharmacy AI platform automating operational workflows for pharmacies, has disclosed $100 million raised across three funding rounds completed in approximately six months: a $10 million Series A, a $15 million Series A-1 and a $75 million Series B led by Elephant, with participation from Arthur Ventures and Updata Partners.

Cableteque Raises $6 Million Seed To Bring AI-Powered Digital Operating System To The $100 Billion Wire Harness Industry

By Amit Chowdhry ● Jul 11, 2026

Cableteque, a Huntington Beach, California–based software company building what it describes as the first comprehensive digital operating system for the wire harness manufacturing industry, has closed a $6 million seed round backed by 11 Tribes Ventures, PHX Ventures and Mudita Ventures. The funding arrives during a period of rapid growth: the company reports 300% year-to-date expansion and says it is on track to double that volume by year-end, across customers ranging from agile SMB shops to multi-billion-dollar tier-1 enterprise manufacturers.

Meta Launches Muse Spark 1.1, A Multimodal Reasoning Model Built For Agentic Tasks

By Amit Chowdhry ● Jul 11, 2026

Meta Superintelligence Labs has released Muse Spark 1.1, a significant upgrade to Muse Spark and the latest model from the research division Meta created to pursue its personal superintelligence vision. Muse Spark 1.1 is a multimodal reasoning model built for agentic tasks, with major performance gains in tool use, computer use, coding, and multimodal understanding. The model is now available in "Thinking" mode in the Meta AI app and on meta.ai, and is accessible to developers via the Meta Model API, currently in public preview.

Lyzr AI Raises $100 Million Series B After Its Own AI Agent SivaClaw Fielded 130‑Plus Investors And Generated $400 Million In Interest

By Amit Chowdhry ● Jul 11, 2026

Lyzr AI, an enterprise agentic AI company that builds AI agents designed to handle mission‑critical workflows, has closed a $100 million Series B after running the fundraise largely through SivaClaw, its own proprietary AI agent. The round attracted more than $400 million in investor interest—four times the target—with SivaClaw fielding more than 130 investor conversations, drafting investment memos and managing early‑stage outreach before human team members stepped in to close.

Mistral AI Launches Robostral Navigate, An 8B Robotics Model That Steers Robots With A Single Camera And Plain‑Language Commands

By Amit Chowdhry ● Jul 11, 2026

Mistral AI has released Robostral Navigate, its first dedicated robotics navigation model and a key step in the French startup’s push into “physical AI” for factories, warehouses and industrial automation. Robostral Navigate is an 8‑billion‑parameter vision‑language‑action model that takes images from a single RGB camera plus a plain‑language instruction and moves a robot through complex environments, without relying on LiDAR, depth sensors or multi‑camera rigs.

Paradigm Raises $1.2 Billion Fourth Fund To Back “Technical Frontier” Startups Across Crypto, AI And Robotics

By Amit Chowdhry ● Jul 11, 2026

Paradigm, the frontier technology investment firm best known for its large crypto funds, has raised its fourth fund: a $1.2 billion venture vehicle to invest in what it calls the “technical frontier,” spanning crypto, artificial intelligence, robotics and other emerging sectors. Co‑founder Matt Huang said that the capital is fuel to back “the most ambitious builders at the frontier of technology” at a time when markets are more cautious but institutional appetite for deep‑tech remains strong.

Kaon AI Raises Series B To Build A Vertically Integrated “Customization Engine” For AI‑Native Entertainment

By Amit Chowdhry ● Jul 11, 2026

Kaon AI, a generative AI platform and research lab building interactive entertainment experiences, has closed a Series B round backed by B Capital, Redpoint Ace, Goodwater Capital and DCM. The funding, whose size is undisclosed but reported by Variety and others to be around $60 million, will fuel Kaon’s push to define a new content engine for the generative AI era, built on long‑horizon, hyper‑personalized narratives rather than static recommendations.

OpenAI’s AGI Deployment Chief Fidji Simo Steps Down From Full‑Time Role Amid Ongoing Health Battle

By Amit Chowdhry ● Jul 11, 2026

Fidji Simo, one of OpenAI’s top executives and the company’s CEO of AGI deployment, is stepping down from her full‑time role and will become a part‑time advisor after an extended medical leave. Simo announced the move in a post on X, saying a “severe exacerbation” of a chronic neuroimmune illness she has lived with for seven years made clear that the road to recovery would be “much longer and more complex” than anticipated and that she needed to focus on it fully.

Apple Commits Over $30 Billion To Broadcom To Produce More Than 15 Billion U.S.-Made Wireless Chips And Expand Fort Collins Fab

By Amit Chowdhry ● Jul 11, 2026

Apple has signed a new multiyear agreement with Broadcom to design and produce custom silicon components and advanced wireless connectivity technologies for a wide range of Apple products, in a deal expected to exceed $30 billion. The commitment, announced from Cupertino, will lead to the production of more than 15 billion chips manufactured in the United States and support hundreds of American jobs, as Apple works with the administration and domestic suppliers to build an end‑to‑end silicon supply chain in the U.S.

Oratomic Raises $300 Million Series A To Build Fault‑Tolerant Neutral‑Atom Quantum Computers Straight To ‘Endgame’

By Amit Chowdhry ● Jul 11, 2026

Oratomic, a Pasadena‑based quantum computing startup founded by leading neutral‑atom and fault‑tolerant quantum researchers, has raised a $300 million Series A round to accelerate development of a utility‑scale, fault‑tolerant quantum computer. The financing, announced in the company’s Series A blog post, was co‑led by ARCH Venture Partners, Spark Capital and Khosla Ventures, with participation from Bezos Expeditions, Index Ventures, General Catalyst, Lowercarbon Capital, Bain Capital, Formation, Nebular, David and Scott Aaronson, Les Kohn, Baiju Bhatt, Infleqtion, Genius Ventures, 7i Capital and Global Frontier Investments.

Bizay Raises $55 Million Series D As Global Mass‑Customization Marketplace Hits Profitability And $100 Million Revenue

By Amit Chowdhry ● Jul 11, 2026

Bizay, a Lisbon‑based mass‑customization technology and e‑commerce marketplace serving small and midsize businesses across 50 countries, has raised a $55 million Series D round led by Índico Capital Partners. The new capital comes as Bizay expects to surpass $100 million in revenue this year while delivering its first profitable year, a milestone the company’s backers highlight as proof that a large global marketplace can be scaled with “absolute economic discipline.”