Archives

Relay Raises $36 Million To Expand Frontline Operations Platform

By Amit Chowdhry ● Sep 30, 2026

Relay has raised $36 million in new funding, bringing total capital raised to more than $90 million, as it expands its platform for frontline workers and physical operations. The oversubscribed round was led by International Paper, with additional new investment from clients of Cerity Partners, Harmonic Growth Partners and Thayer Investment Partners. Existing investors G2 Venture Partners and Wind River Ventures also increased their investments.

H.I.G. Capital Acquires Arco To Support UK And International Expansion

By Amit Chowdhry ● Sep 30, 2026

H.I.G. Capital has acquired Arco Limited, a leading UK distributor of safety equipment and provider of site safety services. The acquisition was completed through an affiliate of H.I.G., which manages $75 billion of capital.

TRG Acquires Fentron To Expand Cybersecurity Capabilities

By Amit Chowdhry ● Sep 30, 2026

TRG, a portfolio company of Gemspring Capital, has acquired Fentron, a cybersecurity and advisory firm based in Westerville, Ohio. Financial terms of the transaction were not disclosed.

Trading Technologies Acquires TRAFiX To Expand Multi-Asset Trading Platform

By Amit Chowdhry ● Sep 30, 2026

Trading Technologies International has acquired TRAFiX, a provider of equities and equity options order and execution management systems and FIX connectivity solutions. Financial terms were not disclosed.

Astrocyte Pharmaceuticals Raises $9.5 Million Series B To Advance AST-004

By Amit Chowdhry ● Sep 30, 2026

Astrocyte Pharmaceuticals has raised $9.5 million in Series B funding to advance Phase 2 clinical development of AST-004, its investigational cerebroprotective therapy for concussion, traumatic brain injury and stroke. The financing was led by DeepWork Capital, with continued support from existing investors and participation from MintPharma Capital, Waterstar Capital, Dynagrow Capital and Angel Star Ventures.

Inbolt Raises $12.5 Million To Expand AI-Powered Industrial Robotics Platform

By Amit Chowdhry ● Sep 30, 2026

Inbolt has raised $12.5 million in funding, bringing its total funding to $34 million, as the company expands its AI-powered industrial robotics platform into new geographies and markets. The round was led by new investor Shift4Good, with participation from Bridges Climate Transition Partners and existing investors BNP Paribas Développement and Ora Global.

Atomic Raises $12.5 Million Series A For AI-Native Supply Chain Platform

By Amit Chowdhry ● Sep 30, 2026

Atomic has raised $12.5 million in Series A funding, led by Klass Capital and Madrona, to expand its AI-native supply chain planning platform into a broader operating control system for physical goods companies.

Jeeves Raises $110 Million To Scale Stablecoin-Native Banking Platform

By Amit Chowdhry ● Sep 30, 2026

Jeeves has raised $110 million in equity funding to expand its stablecoin-native banking platform for global enterprises, while also launching a proprietary stablecoin wallet capable of making payouts to 190 countries.

Hormel Foods To Acquire Brakebush For $1.055 Billion

By Amit Chowdhry ● Sep 30, 2026

Hormel Foods has entered into a definitive agreement to acquire Brakebush Brothers for approximately $1.055 billion, expanding its presence in value-added chicken and strengthening its Foodservice business. The transaction is expected to close during the first quarter of Hormel Foods' fiscal 2027, subject to regulatory approval and other customary closing conditions.

Peoples Bancorp To Acquire Capital Bancorp For $728.1 Million

By Amit Chowdhry ● Sep 30, 2026

Peoples Bancorp has agreed to acquire Capital Bancorp in an all-stock transaction valued at approximately $728.1 million, creating a financial institution expected to have roughly $14 billion in assets, $10 billion in loans, and $11 billion in deposits.

OPmobility To Acquire Hyundai Mobis Lighting Business For ₩600 Billion (About $442 Million)

By Amit Chowdhry ● Sep 30, 2026

OPmobility has signed a definitive agreement to acquire 100% of Hyundai Mobis' automotive lighting business for an enterprise value of ₩600 billion (approximately $442 million), or approximately €390 million (about $442 million). The transaction is intended to significantly expand OPmobility's lighting operations and strengthen its presence across Asia, North America, and Europe.

Astranis Secures $468 Million EXIM Financing To Expand Satellite Production

By Amit Chowdhry ● Sep 30, 2026

Astranis has secured a $468 million credit facility from the Export-Import Bank of the United States (EXIM) to increase domestic satellite production and support the launch of global space infrastructure. The financing is designed to expand Astranis' capacity to manufacture and operate satellites in the United States as demand grows from commercial and government customers worldwide.

TXSE Group Raises $430 Million Following Third Funding Round

By Amit Chowdhry ● Sep 30, 2026

TXSE Group, the parent company of the Texas Stock Exchange, has completed its third financing round, bringing its capital position to $430 million as it expands primary listings and trading operations. The financing was announced one year after the U.S. Securities and Exchange Commission approved TXSE's application to operate as a national securities exchange.

General Intuition Raises $220 Million At $6.2 Billion Valuation

By Amit Chowdhry ● Sep 30, 2026

General Intuition has raised $220 million at a $6.2 billion valuation as the AI company begins making its foundation models available to customers. The company is developing models trained on billions of action-labeled videos that are designed to act in real time in environments they have not previously encountered.

Varda Raises $251 Million Series D To Scale Space-Based Pharmaceutical Processing

By Amit Chowdhry ● Sep 30, 2026

Varda Space Industries has raised $251 million in Series D funding, bringing total capital raised by the microgravity-enabled life sciences company to $598 million as it scales pharmaceutical manufacturing in orbit and its space-to-Earth reentry infrastructure.

ArcLight Acquires 50% Stake In 5.4 GW IATP Power Infrastructure Portfolio

By Amit Chowdhry ● Sep 30, 2026

ArcLight Capital Partners has completed the acquisition of a 50% interest in IATP, a 5.4 GW portfolio consisting of 11 power infrastructure assets across North America. Invenergy will retain its existing 50% ownership stake and continue serving as operator of the portfolio.

Aspirity Partners To Acquire Majority Stake In Onomondo In €100+ Million Investment

By Amit Chowdhry ● Sep 30, 2026

Aspirity Partners has signed a definitive agreement to acquire a majority stake in Onomondo as part of a combined investment exceeding €100 million in the Copenhagen-based IoT infrastructure and connectivity company. EIFO, Denmark's sovereign investment fund and an Onomondo investor since 2021, is also increasing its investment alongside Aspirity.

EnergyPathways Signs £15 Million Financing Deal As MESH Energy Projects Advance

By Amit Chowdhry ● Sep 30, 2026

EnergyPathways reported progress across its MESH energy infrastructure strategy during the first half of 2026, including a £15 million financing agreement, a new gas storage license, and the start of engineering work for its long-duration energy storage project.

Ebiquity Returns To Statutory Operating Profit As H1 Revenue Reaches £36.1 Million

By Amit Chowdhry ● Sep 30, 2026

Ebiquity reported first-half 2026 revenue of £36.1 million, down 5% from £37.9 million, while restructuring and lower financing costs helped the marketing effectiveness company return to statutory operating profitability.

Ariana Resources Reports £6.2 Million H1 Profit As Dokwe Gold Project Advances

By Amit Chowdhry ● Sep 30, 2026

Ariana Resources reported first-half 2026 profit before tax of £6.25 million, compared with £151,000 a year earlier, as the company advanced the 1.6-million-ounce Dokwe Gold Project in Zimbabwe and monetized part of its Turkish investment portfolio.

AIREA: H1 Revenue Rises 10% To £10.8 Million As Manufacturing Expansion Comes Online

By Amit Chowdhry ● Sep 30, 2026

AIREA reported first-half 2026 revenue of £10.8 million, up 10.2% from £9.8 million, as stronger UK, Irish, and international sales coincided with completion of a major manufacturing investment.

Billington Holdings: H1 Revenue Jumps 29% To £54 Million As Order Book Hits Record

By Amit Chowdhry ● Sep 30, 2026

Billington Holdings reported first-half 2026 revenue of £53.95 million, up 29.1% from £41.78 million, with profitability rising sharply as the structural steel specialist benefited from larger and more complex projects.

A.G. BARR: H1 Revenue Rises 8.5% To £247.4 Million

By Amit Chowdhry ● Sep 30, 2026

A.G. BARR reported first-half fiscal 2027 revenue of £247.4 million, up 8.5% from £228.1 million, driven by growth across its core beverage portfolio and contributions from recently acquired Fentimans and Frobishers.

CarMax Q2 Revenue Rises 20% To $7.9 Billion As EPS Jumps 81%

By Amit Chowdhry ● Sep 30, 2026

CarMax reported second-quarter fiscal 2027 revenue of $7.9 billion, up 19.5%, as used vehicle volumes accelerated and earnings increased sharply.

Carnival Reports Record $1.9 Billion Q3 Net Income As 2027 Bookings Hit New Highs

By Amit Chowdhry ● Sep 30, 2026

Carnival Corporation reported record third-quarter 2026 net income of $1.9 billion and adjusted net income of $2 billion, alongside all-time-high revenue and constant-currency net yields.

Quantum Blockchain Technologies Moves AI Bitcoin Mining Technology Into Live Testing

By Amit Chowdhry ● Sep 30, 2026

Quantum Blockchain Technologies announced its AI-driven Bitcoin mining technology has moved from laboratory validation into live, manufacturer-backed testing, as the company advances its Method C AI Oracle and ASIC UltraBoost intellectual property.

Tactacam Sold To GTCR To Support Product Development And Expanded Distribution

By Amit Chowdhry ● Sep 30, 2026

Tactacam, a provider of cellular-connected cameras for outdoor and security markets, announced the closing of its sale to GTCR, a Chicago-based private equity firm. GTCR acquired the company from Bertram Capital and Tactacam's founders, while CEO and co-founder Jeff Peel will continue leading Tactacam and retain significant ownership alongside co-founder Ben Thorud.

Blackbird: Elevate.io Subscribers Jump 235% As Conversion Rate Reaches 3.37%

By Amit Chowdhry ● Sep 30, 2026

Blackbird said paid subscriptions to its browser-based collaborative video creation platform elevate.io reached 914 by September 24, up 235% during the quarter, while customer conversion improved to 3.37%.

Canaf Reports C$17.7 Million Nine-Month Revenue And Record Book Value Per Share

By Amit Chowdhry ● Sep 30, 2026

Canaf Investments reported C$17.65 million of revenue for the nine months ended July 31, 2026, compared with C$20.79 million a year earlier, while its balance sheet and book value continued to strengthen.

Boeing Wins Multi-Billion-Dollar U.S. Navy F/A-XX Fighter Contract

By Amit Chowdhry ● Sep 30, 2026

Boeing has been selected by the U.S. Navy for a multi-billion-dollar contract to design, build, and deliver the F/A-XX, the service's next-generation carrier-based fighter aircraft. The sixth-generation platform is intended to eventually replace the Navy's existing fleet of F/A-18 Super Hornets.