Archives

Vêtir: $5.5 Million Series A Raised At $150 Million Valuation For AI Luxury Fashion Platform

By Amit Chowdhry ● May 23, 2026

Vêtir, an AI-powered luxury wardrobe operating system focused on transforming how consumers get dressed, shop, and manage their wardrobes, announced the successful first close of its Series A financing, raising $5.5 million at a $150 million valuation.

CTC Global Solutions: Pre-Seed Funding Raised To Expand GovCon Platform BIDBridgeVen

By Amit Chowdhry ● May 23, 2026

CTC Global Solutions announced the completion of its first pre-seed funding round with Elevate Ventures to support the expansion of BIDBridgeVen, an operating system designed for government contract bidders.

Stellus Capital: $1.5 Billion Stellus Credit Fund IV Closes At Fundraising Target

By Amit Chowdhry ● May 23, 2026

Stellus Capital Management announced the final close of Stellus Credit Fund IV (SCF IV), with the firm reaching its fundraising target and securing approximately $1.5 billion of investable capital. SCF IV is the successor to Stellus Credit Fund III and officially closed on April 1, 2026. The fund has already invested in 44 portfolio companies.

Marco Sealing Solutions: Pride Seals Acquisition Expands Engineered Sealing Solutions Platform

By Amit Chowdhry ● May 23, 2026

Marco Sealing Solutions, an Align Capital Partners portfolio company, announced the acquisition of Pride Seals, Inc., strengthening its position as a provider of engineered sealing solutions across industrial end markets.

Expedia: Acquisition Of CarTrawler Expands B2B Travel Platform Strategy

By Amit Chowdhry ● May 23, 2026

Expedia Group announced it has entered into an agreement to acquire CarTrawler, advancing its strategy to build a more comprehensive B2B travel platform spanning lodging, activities, car rentals, ground transportation, and Insurtech services.

Tallvine Partners: Marine Infrastructure Platform Expands With Lind Marine Acquisition

By Amit Chowdhry ● May 23, 2026

Tallvine Partners announced the acquisition of Lind Marine, LLC, expanding its North American marine infrastructure platform to the West Coast. The deal marks Tallvine’s second acquisition in the sector following its September 2025 acquisition of Donjon Marine, LLC. Terms of the transaction were not disclosed.

PGIM: $260 Million Deployed As Real Estate Fund Completes 10th Property Acquisition

By Amit Chowdhry ● May 23, 2026

PGIM announced that the PGIM Real Estate Fund completed its 10th property acquisition with the purchase of The Arbor, a 127-unit residential community located in the Riverdale neighborhood of the Bronx, New York, at a gross capitalization of $73.5 million.

Datavault AI And Wellgistics Health Create $4 Billion DelivMeds AI Venture

By Amit Chowdhry ● May 23, 2026

Datavault AI announced a binding term sheet with Wellgistics Health to form DelivMeds AI, Inc., a new healthcare-focused company expected to integrate blockchain-enabled healthcare infrastructure, AI-powered pharmacy services, biometric verification technologies, drone logistics intellectual property, and consumer health platforms. The combined transaction package carries an expected approximate asset value of $4 billion, subject to an independent fairness opinion.

InSphero: PhenoVista Biosciences Acquisition Expands 3D Cell-Based Assay And Imaging Capabilities

By Amit Chowdhry ● May 23, 2026

InSphero AG announced the acquisition of PhenoVista Biosciences, Inc. in a move designed to expand advanced 3D cell-based assay, high-content imaging, and predictive in vitro modeling capabilities for drug discovery and toxicology research.

InMode: Leadership Changes Include New Board Chairman And CFO

By Amit Chowdhry ● May 23, 2026

InMode announced the appointment of Dr. Shlomo Nass as Chairman of the Board and Moshik Itzkovich as Chief Financial Officer, with both appointments effective immediately.

Halsa Global: Voice iQ Conversational Intelligence Platform Launches For Salesforce Users

By Amit Chowdhry ● May 23, 2026

Halsa Global announced the launch of Voice iQ, an AI-powered conversational intelligence and agent quality assurance platform built natively on Salesforce. The platform is designed to help organizations analyze customer conversations, automate quality reviews, and improve coaching workflows directly within Salesforce environments.

Harbor IT: Acquisition Of ComTech Computer Services Expands Southeast Presence And National Platform

By Amit Chowdhry ● May 23, 2026

Harbor IT, a national provider of managed IT services, cybersecurity, AI, and cloud solutions, announced the acquisition of ComTech Computer Services, a managed service provider based in Graham, North Carolina.

Raymond James: $112 Million Advisor Larry Rolland Joins First Farmers Investment Group

By Amit Chowdhry ● May 23, 2026

Raymond James Financial Institutions Division (FID) recently welcomed financial advisor Larry Rolland, CFP, to First Farmers Investment Group (FFIG) at First Farmers Bank & Trust. With the move, Rolland will provide clients with investment and wealth management services through Raymond James Financial Services.

Cetera: $176 Million AUA Team Allegiant Wealth Strategies Joins

By Amit Chowdhry ● May 23, 2026

Cetera announced that financial advisor Mark Yatros and his Michigan-based practice, Allegiant Wealth Strategies, have joined Cetera’s Summit Financial Networks community with approximately $176 million in assets under administration (AUA). Yatros previously spent nearly a decade affiliated with Commonwealth Financial Network before making the transition to Cetera Financial Group following an extensive year-long review of the independent broker-dealer landscape.

American Express And Main Street America Awards $10+ Million To Over 500 Small Businesses Through Shop Small Grants Program

By Amit Chowdhry ● May 23, 2026

American Express and Main Street America announced the recipients of the Amex Shop Small Grants Program, awarding more than $10 million in funding to over 500 small businesses across the United States. Each selected business received a $20,000 grant to support growth initiatives, innovation efforts, and community impact programs.

Oorja Bio: $30 Million Series A Raised To Advance IPF And Fibrotic Disease Therapies

By Amit Chowdhry ● May 23, 2026

Oorja Bio announced its launch as a clinical-stage biotechnology company focused on developing therapies for idiopathic pulmonary fibrosis (IPF) and other fibrotic and cardiopulmonary diseases. The company also announced a $30 million Series A financing led by founding investor Westlake BioPartners.

LPL: $1 Billion Firm Cebert Wealth Advisors Team Joins Platform

By Amit Chowdhry ● May 23, 2026

LPL Financial announced that the advisors of LPL Financial have joined the firm’s broker-dealer and Registered Investment Advisor platform from Ameriprise. The team from Cebert Wealth Advisors reported serving approximately $1 billion in advisory, brokerage and retirement plan assets.

Tribal: $10 Million Seed Raised For Context-Aware AI Agents For Enterprise Systems

By Amit Chowdhry ● May 23, 2026

Tribal announced a $10 million seed round to expand its enterprise-native AI platform designed to help organizations deploy context-aware AI agents across complex enterprise systems. The funding round was led by Team8, with participation from DYDX Capital and a group of angel investors, including enterprise software founders with exits tied to the Salesforce ecosystem and other enterprise technology markets.

Hallmark: AI And Data Leader Usama Fayyad Appointed To Board Of Directors

By Amit Chowdhry ● May 23, 2026

Hallmark Health Care Solutions announced the appointment of AI and data science pioneer Usama Fayyad to its Board of Directors, reinforcing the company’s focus on AI-driven workforce intelligence and healthcare operations technology.

Hardline: $2 Million Pre-Seed Raised To Build VoiceOps For Construction

By Amit Chowdhry ● May 23, 2026

Hardline AI, a voice-first construction technology company, announced a $2 million pre-seed funding round led by Mucker Capital to build what it describes as “VoiceOps” infrastructure for the construction industry. The company said the funding will support product development, integrations with construction software platforms, and go-to-market expansion across the commercial and residential construction sectors.

Texas State University: New Study Highlights Critical Role Of Locked Doors

By Amit Chowdhry ● May 23, 2026

The Advanced Law Enforcement Rapid Response Training (ALERRT) Center at Texas State University has released a first of its kind research report examining how schools can prevent, mitigate, and reduce the impact of active shooter events. Conducted in partnership with the Security Industry Association, the study analyzed 54 school-based active shooter incidents between 2000 and 2025 that resulted in 324 total victims.

Vishay Intertechnology: Automotive Grade Optocouplers Launched For EVs And Solar Inverters

By Amit Chowdhry ● May 23, 2026

Vishay Intertechnology announced the launch of two new Automotive Grade optocouplers with phototransistor output designed for electric vehicles and solar inverter applications. The new Vishay Semiconductors VOWA617A and VOWA618A devices feature a widebody SMD-8 package with a comparative tracking index (CTI) of 600 and are engineered to provide high galvanic isolation for demanding high voltage applications.

Lilly Acquires Engage Bio In $202 Million Deal

By Amit Chowdhry ● May 23, 2026

Eli Lilly and Company has acquired Engage Biologics in a deal valued at up to $202 million in cash, strengthening Lilly’s capabilities in non-viral genetic medicines.

Medtronic To Buy SPR Therapeutics In $650 Million Deal

By Amit Chowdhry ● May 23, 2026

Medtronic announced plans to acquire SPR Therapeutics, a privately held medical technology company specializing in temporary peripheral nerve stimulation therapies for chronic pain management, in a deal valued at approximately $650 million in upfront cash payments for all outstanding equity.

Luckin Coffee: Board Of Directors Reappointed Following Leadership Changes

By Amit Chowdhry ● May 23, 2026

Luckin Coffee announced changes to its Board of Directors as several board terms expired in May 2026. The company’s Board had previously established two-year terms for directors, with eligibility for reappointment upon expiration.

Future Health Challenge Awards $300,000 For Early Detection And Population Health Sensing Solutions

By Amit Chowdhry ● May 23, 2026

Three global health technology teams developing early detection and real-time population health monitoring solutions secured a combined $300,000 in funding on the sidelines of the 79th World Health Assembly in Geneva.

ADF Engineering: Strategic Growth Partnership With Heartland Growth Partners To Expand Industrial Engineering Capabilities

By Amit Chowdhry ● May 23, 2026

ADF Engineering announced a strategic growth partnership with Heartland Growth Partners, a private investment firm backed by owner-operators of industrial companies. The partnership is designed to expand ADF’s ability to support clients with increasingly complex facility and process needs across North America.

Shamrock Capital: $813 Million Raised For Fourth Content Strategy Fund

By Amit Chowdhry ● May 23, 2026

Shamrock Capital announced the final closing of Shamrock Capital Content Fund IV, L.P. with $813 million in total capital commitments, exceeding the fund’s $700 million fundraising target. The oversubscribed fund closed in just over three months and builds on the firm’s content investment platform, which now manages more than $3.3 billion in assets under management across equity and debt products focused on content and media rights.

Galloway & Company: Transportation Demand Management Expansion Accelerates With TDM Specialists Addition

By Amit Chowdhry ● May 23, 2026

Galloway & Company announced that San Francisco Bay Area-based TDM Specialists, Inc. has joined the company, expanding Galloway’s transportation demand management (TDM) capabilities nationwide.

BravoTran: Freight Forwarding Automation Platform Secures Growth Investment From Arthur Ventures

By Amit Chowdhry ● May 23, 2026

BravoTran, an accounts payable and accounts receivable automation platform built specifically for freight forwarders, announced a growth investment led by Arthur Ventures.