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Jumia Elects New Supervisory Board As Company Targets 2027 Profitability

By Amit Chowdhry ● May 27, 2026

Jumia Technologies AG announced the election and re-election of five members to its Supervisory Board during the company’s Annual General Meeting held on May 15, 2026, as the pan-African e-commerce platform continues its push toward profitability in 2027.

Core Scientific: Industry Veteran Steve Smith Appointed To Board Of Directors

By Amit Chowdhry ● May 27, 2026

Core Scientific announced the appointment of Steve Smith to its Board of Directors, effective immediately. Smith will also serve on the company’s Nominating and Corporate Governance Committee.

Quantum Cyber: Over $15 Million Financing Strengthens Debt-Free Balance Sheet

By Amit Chowdhry ● May 27, 2026

Quantum Cyber announced that holders of its outstanding warrants fully exercised their positions, generating more than $15 million in gross proceeds for the company and leaving the business with a debt-free capital structure.

Voltera And Revel: Combination Creates Scaled EV Infrastructure Platform For Fleet And Autonomous Mobility

By Amit Chowdhry ● May 27, 2026

Voltera and Revel announced that they have entered into a definitive agreement to combine their businesses, creating a next-generation infrastructure platform focused on building, owning, and operating fast-charging networks designed for autonomous vehicles, electric fleets, and ride-hail deployment in dense urban markets.

CC Pace: IT Staffing And Consulting Firm Acquired By Mitchell Martin

By Amit Chowdhry ● May 27, 2026

CC Pace Systems, an IT staffing and consulting firm headquartered in Fairfax, Virginia, has been acquired by Mitchell Martin, Inc. (MMI), an employee-owned IT, healthcare, and professional staffing firm. The transaction was represented by Melanie McFaddin of Wiley Bros. – Aintree Capital &Partners. Financial terms of the acquisition were not disclosed.

Sagard Real Estate: 222-Unit Greater Seattle Multifamily Acquisition Expands Workforce Housing Portfolio

By Amit Chowdhry ● May 27, 2026

Sagard Real Estate (SRE), a U.S.-based real estate investment advisor and subsidiary of Sagard, announced the acquisition of 18463 Blueberry Ln, a 222-unit garden-style multifamily community located in Monroe, Washington, within the greater Seattle metropolitan area.

bitBiome: Seed Extension Round Closed To Advance AI-Driven Enzyme Discovery Platform

By Amit Chowdhry ● May 27, 2026

bitBiome announced it has closed an oversubscribed seed extension round, reinforcing investor confidence in the company’s position within the engineering biology and biomanufacturing sectors. The company said the funding brings its combined equity and non-dilutive funding, including grants, to more than $45 million.

Swoop: Nimble Acquisition Expands Patient Engagement And Fulfillment Capabilities

By Amit Chowdhry ● May 27, 2026

Swoop announced the acquisition of prescription management platform Nimble, expanding its healthcare engagement portfolio with prescription fulfillment and pharmacy connectivity capabilities. The deal strengthens Swoop’s position in AI-driven, data-powered, and privacy-compliant healthcare engagement by adding prescription management services that support patients, pharmacies, healthcare providers, and life sciences companies.

Instant Funding: Funded Trading Plus Acquisition Increases Group Revenue By 70%

By Amit Chowdhry ● May 27, 2026

Instant Funding announced the acquisition of Funded Trading Plus (FTP), a move designed to expand the company’s footprint in the proprietary trading industry while increasing overall group revenue by 70%.

CIM Group: $154 Million Closed In Hotel Loans Across Three Hospitality Properties

By Amit Chowdhry ● May 27, 2026

CIM Group announced it has closed $154 million in hotel loans across three hospitality properties, continuing the company’s focus on hospitality industry lending.

AeroVironment: $20.2 Million Huntsville Expansion To Scale Freedom Eagle-1 Interceptor Production

By Amit Chowdhry ● May 27, 2026

AeroVironment announced an additional $20.2 million government investment to expand its Huntsville, Alabama facility in order to increase Low-Rate Initial Production (LRIP) capacity and accelerate future Full-Rate Production (FRP) of the company’s Next-Generation Counter-Unmanned Aircraft System Missile (NGCM), known as Freedom Eagle-1 (FE-1).

Pagaya: $600 Million Auto ABS Transaction Closed

By Amit Chowdhry ● May 27, 2026

Pagaya Technologies announced the closing of RPM 2026-3, a AAA-rated and upsized $600 million auto asset-backed securitization transaction, marking the company’s largest auto ABS deal to date.

Toptal: Acquisition Of Adeva Expands Global IT Talent And Consulting Capabilities

By Amit Chowdhry ● May 27, 2026

Toptal announced the acquisition of Adeva, a global IT talent network that connects enterprises and fast-growing companies with highly vetted developers, architects, and technology consultants for complex initiatives.

Arsenal Capital Partners: Majority Stake Acquired In Velcro Companies

By Amit Chowdhry ● May 27, 2026

Arsenal Capital Partners, a private equity firm focused on industrial growth and healthcare companies, announced it has agreed to acquire a majority stake in Velcro Companies from the Cripps Foundation. Following the completion of the transaction, Arsenal will become the majority owner of Velcro, while the Cripps Foundation will retain a significant minority stake. Financial terms of the deal were not disclosed. The transaction is expected to close in the fourth quarter of 2026, pending customary regulatory approvals.

eBase Solutions: Digital Enterprise Integration Company Acquired By Kleinschmidt

By Amit Chowdhry ● May 27, 2026

eBase Solutions announced it has been acquired by Kleinschmidt Inc., a provider of supply chain integration services. The acquisition combines Kleinschmidt’s business-to-business supply chain integration capabilities with eBase Solutions’ expertise in enterprise integration, workflow automation, IoT solutions, and advanced data analytics.

Paessler: Acquisition Of UVnetworks Expands Network Visibility And Incident Response Capabilities

By Amit Chowdhry ● May 27, 2026

Paessler, a provider of IT and OT monitoring software, announced the acquisition of UVnetworks, the company behind UVexplorer and UVexplorer Server. The deal expands Paessler’s reach to more than 30,000 customers and over 500,000 users worldwide.

Bascom Arizona Ventures: $45.5 Million Acquisition Of Tucson Multifamily Property Domain 3201

By Amit Chowdhry ● May 27, 2026

Bascom Arizona Ventures (BAZV), a subsidiary of private equity firm The Bascom Group, LLC, announced it has acquired Domain 3201, a 289-unit multifamily property in Tucson, Arizona, for $45.5 million, representing approximately $157,439 per unit.

Arthur J. Gallagher: Environmental Insurance Broker Twin Elms Acquired

By Amit Chowdhry ● May 27, 2026

Arthur J. Gallagher & Co. announced the acquisition of West Palm Beach, Florida-based Twin Elms, LLC, a retail insurance brokerage specializing in environmental insurance products and services for clients across the United States. Financial terms of the transaction were not disclosed.

PowerBridge Networks Acquires Select Enphase Energy Patents

By Amit Chowdhry ● May 27, 2026

PowerBridge Networks announced that it has acquired more than 50 patents and related patent applications from Enphase Energy covering innovations tied to distributed energy systems, inverter technology, power management, and grid-connected energy technologies.

BNB Plus: $4.1 Million Strategic Financing To Support Digital Asset And Biotech Review

By Amit Chowdhry ● May 27, 2026

BNB Plus Corp. announced that it secured initial commitments for $4.1 million in convertible preferred stock financing, with the company expecting total proceeds to reach approximately $5 million. The financing is intended to strengthen the company’s digital asset treasury and provide working capital to support a broad strategic review of its operations and assets.

AMETEK: First Aviation Services Acquisition Completed

By Amit Chowdhry ● May 27, 2026

AMETEK announced it has completed the acquisition of First Aviation Services, a provider of highly engineered defense and aviation maintenance, repair, and overhaul (MRO) services along with proprietary aerospace components.

ClearNote Health: $52 Million Series D Raised To Accelerate Early Cancer Detection Growth

By Amit Chowdhry ● May 27, 2026

ClearNote Health announced it has secured $52 million in Series D financing and appointed clinical oncology diagnostics veteran Kevin Keegan as president and chief operating officer. The company said the funding and leadership expansion will support its continued growth as demand increases for noninvasive early cancer detection tools.

Protuoso Biosciences: $9.5 Million Seed Raised For Multifunctional MUXBODY Biologics Platform

By Amit Chowdhry ● May 27, 2026

Protuoso Biosciences announced the close of an oversubscribed $9.5 million seed financing round to advance its AI-driven protein synthetic biology platform and multifunctional biologics pipeline targeting cardiometabolic, oncology, and autoimmune diseases.

Pace: $46 Million Series B Raised For AI Insurance Operations Platform

By Amit Chowdhry ● May 27, 2026

Pace, an AI operations partner for insurers, announced it has raised $46 million in Series B funding. The round was co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital.

SBI Growth: Strategic Investment From Bow River Capital To Advance Growth Intelligence Platform

By Amit Chowdhry ● May 27, 2026

SBI Growth Advisory announced that Bow River Capital has completed a strategic investment in the company, marking a new phase of expansion focused on talent, technology, and SBI Wayforge™, the firm’s proprietary growth intelligence platform.

Trinity Capital Acquires Equipment Leasing Services

By Amit Chowdhry ● May 27, 2026

Trinity Capital announced that it has acquired Equipment Leasing Services (ELS), a provider of flexible equipment finance solutions serving businesses across the Southwest in industries including manufacturing, transportation, construction, and aerospace.

CPRO: $326 Million SPAC Deal To Bring Physical AI Security Company Public Through Lakeshore Acquisition III Corp.

By Amit Chowdhry ● May 27, 2026

CPRO, a South Korea-based physical artificial intelligence security company, announced it has entered into a definitive business combination agreement with special purpose acquisition company Lakeshore Acquisition III Corp. in a deal that is expected to take the company public on a U.S. national securities exchange.

Terra Quantum: $3.5 Billion SPAC Deal Will Take Quantum Technology Company Public On Nasdaq

By Amit Chowdhry ● May 27, 2026

Terra Quantum announced a definitive business combination agreement with Axiom Intelligence Acquisition Corp 1 that will take the quantum technology company public at an implied equity valuation of approximately $3.5 billion.

OpenRouter: $113 Million Raised For AI Model Exchange Platform As Weekly Volume Reaches 25 Trillion Tokens

By Amit Chowdhry ● May 26, 2026

OpenRouter announced it has raised $113 million in Series B funding, led by CapitalG, with participation from NVentures, ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures, Databricks Ventures, and existing investors Andreessen Horowitz and Menlo Ventures.

CasaPerks Technologies Secures $15.8 Million In Seed Funding

By Amit Chowdhry ● May 26, 2026

CasaPerks Technologies announced it has closed a $15.8 million seed funding round to accelerate expansion across real estate and workplace rewards while scaling its consumer loyalty platform. The company said the round was backed by Longevity Equity, alongside institutional investors and leading real estate operators.