Archives

Orion Surpasses $6.6 Trillion In Assets Under Administration And Expands Denali AI Ecosystem

By Amit Chowdhry ● Jul 21, 2026

Orion has surpassed $6.6 trillion in assets under administration, representing a 29% increase from the $5 trillion milestone it reached one year ago. The wealth technology company also supports more than 8.6 million technology accounts.

Honeycomb: Interview With Co-Founder & CEO Christine Yen About The Observability Platform

By Amit Chowdhry ● Jul 21, 2026

Honeycomb is an observability platform that helps software engineering teams understand and debug their complex production systems. Pulse 2.0 interviewed Honeycomb co-founder and CEO Christine Yen to learn more.

Polyverse: Interview With Co-Founder & CEO Queena Qiu About The AI-Native App Development Platform

By Amit Chowdhry ● Jul 21, 2026

Polyverse Entertainment is an AI-native app development platform that builds popular social entertainment and creative generative AI applications such as AI Mirror. Pulse 2.0 interviewed Polyverse co-founder and CEO Queena Qiu to learn more.

Digital Asset Raises $355 Million As Shinhan Financial And Standard Chartered’s SC Ventures Join Round

By Amit Chowdhry ● Jul 21, 2026

Digital Asset has expanded its previously announced $355 million funding round with the addition of Shinhan Financial Group and SC Ventures by Standard Chartered. The oversubscribed round was led by Andreessen Horowitz’s a16z crypto fund and included investors from traditional and decentralized finance.

Rege Nephro Raises $10.6 Million To Advance RN-014 And Kidney Regeneration Pipeline

By Amit Chowdhry ● Jul 21, 2026

Rege Nephro has raised approximately $10.6 million to advance its kidney disease programs, including lead candidate RN-014 and regenerative medicine program RN-032. The clinical-stage biotechnology company completed the financing through the issuance of Japan-Keep It Simple Security share acquisition rights, commonly known as J-KISS securities.

Cardinal Health To Acquire AdaptHealth Diabetes Business And Strive Medical For $360 Million

By Amit Chowdhry ● Jul 21, 2026

Cardinal Health has agreed to acquire AdaptHealth’s Diabetes Health business and Strive Medical in two transactions totaling approximately $360 million in cash. The purchase prices remain subject to customary working capital adjustments.

Interblock Appoints Kay Oswald As Chief Executive Officer

By Amit Chowdhry ● Jul 21, 2026

Interblock has appointed Kay Oswald as chief executive officer following a search that began in February 2026. He succeeds Bala Ganesan, managing director at Oaktree Capital Management, who had been serving as interim CEO.

Veralto Acquires Alfaa UV To Expand Ultraviolet Water Treatment Portfolio

By Amit Chowdhry ● Jul 21, 2026

Veralto has acquired Alfaa UV, an India-based provider of ultraviolet water treatment systems for industrial and commercial applications. Financial terms of the transaction were not disclosed.

Sofab Inks Raises $6 Million Seed Round To Scale Perovskite Solar Materials

By Amit Chowdhry ● Jul 21, 2026

Sofab Inks has raised $6 million in seed funding to scale production of specialty materials designed to improve the reliability of perovskite solar cells. Cloudberry Ventures led the round as a strategic investor.

Thesis Elements Acquires 3D Technologies To Unify Student Information System Implementation

By Amit Chowdhry ● Jul 21, 2026

Thesis has acquired 3D Technologies, a longtime implementation and consulting partner for its Thesis Elements student information system. Financial terms of the transaction were not disclosed.

Siemens To Acquire Precision Innovations To Expand AI-Powered Chip Design Portfolio

By Amit Chowdhry ● Jul 21, 2026

Siemens has agreed to acquire Precision Innovations, a privately held electronic design automation software company specializing in AI-powered chip planning. The acquisition will expand Siemens’ capabilities for exploring and optimizing advanced system-on-a-chip designs earlier in the development process.

Twenty Raises Additional $30 Million From Khosla Ventures At $1.2 Billion Valuation

By Amit Chowdhry ● Jul 21, 2026

Twenty has raised an additional $30 million from Khosla Ventures at a $1.2 billion valuation. The investment follows the cyber defense company’s recently announced $100 million Series B, which was led by Accel at a $1 billion valuation.

Sleep Country Acquires Substantially All Sleep Number Assets, Creating Second-Largest Global Sleep Retailer

By Amit Chowdhry ● Jul 21, 2026

Sleep Country Canada has acquired all of Sleep Number’s assets substantially following a competitive, court-supervised sale process. The transaction marks Sleep Country’s entry into the United States and creates a combined retail network of more than 800 locations. Financial terms of the acquisition were not disclosed.

Cracker Barrel Completes $77 Million Sale-Leaseback And Divests Maple Street Biscuit Company

By Amit Chowdhry ● Jul 21, 2026

Cracker Barrel has completed a sale-leaseback transaction involving 26 company-owned restaurant properties and divested certain assets of its Maple Street Biscuit Company business. The company also raised its profitability outlook for fiscal 2026.

Franchise Equity Partners Acquires Bravo Fit To Accelerate Planet Fitness Expansion In Australia

By Amit Chowdhry ● Jul 21, 2026

Franchise Equity Partners has acquired Bravo Fit, the exclusive Planet Fitness franchisee across several Australian markets, from its existing shareholders. Planet Fitness exited its minority ownership position in Bravo Fit as part of the transaction. Financial terms were not disclosed.

Tempus AI To Acquire Personalis For $1.5 Billion To Expand MRD Cancer Monitoring

By Amit Chowdhry ● Jul 21, 2026

Tempus AI has entered into a definitive agreement to acquire Personalis in a transaction representing an enterprise value of approximately $1.5 billion, excluding Tempus’ existing ownership interest. The acquisition will expand Tempus’ molecular residual disease capabilities and strengthen its AI-enabled precision oncology platform.

ORiS Raises €5 Million To Build In-Orbit Energy Distribution Grid

By Amit Chowdhry ● Jul 21, 2026

ORiS has secured €5 million in funding to develop laser-based wireless power transmission systems for satellites and other space applications. The financing includes a €4.5 million pre-seed round led by Earlybird and co-led by Pitchdrive, with participation from Galaxia, Vento and Piemonte Next Fund.

deltaVision Raises €10.2 Million Seed Round To Scale Spacecraft Fluid-Control Systems

By Amit Chowdhry ● Jul 21, 2026

deltaVision has raised €10.2 million in seed funding to expand production of fluid-control systems for space applications. The round was led by KT Ventures and Valemount Capital, with participation from Futury Capital.

ApexData Launches RidgeScope To Diagnose GPU Training Failures And Reduce AI Infrastructure Waste

By Amit Chowdhry ● Jul 21, 2026

ApexData has launched RidgeScope, an AI-powered diagnostic platform designed to identify performance problems in GPU-based machine learning training runs. The platform is generally available and can determine what went wrong, why it happened and what engineering teams can do to address the issue.

Harbour Group Acquires APG To Expand Flow-Control And Sealing Products Platform

By Amit Chowdhry ● Jul 21, 2026

Harbour Group has acquired American Packing & Gasket Holdings, commonly known as APG, and added the business to its SHF flow-components platform. Financial terms of the transaction were not disclosed.

Mobileye To Supply Cloud-Enhanced ADAS Technology For Select Stellantis Vehicles Starting In 2027

By Amit Chowdhry ● Jul 21, 2026

Mobileye will supply its Cloud-Enhanced Advanced Driver Assist technology for select future Stellantis vehicles expected to launch beginning in 2027. The agreement will integrate Mobileye’s Road Experience Management technology to support expanded safety and convenience features.

Gritt Raises $32.4 Million To Build Physical AI Systems For Construction

By Amit Chowdhry ● Jul 21, 2026

Gritt has launched with $32.4 million in pre-seed and Series A funding to develop AI-powered robotic systems for large-scale construction sites. The financing includes a $26 million Series A led by Obvious Ventures. Union Square Ventures and Active Impact Investments participated in the Series A, with support from existing investors First Round Capital, Climactic, Congruent Ventures and VSC Ventures.

Organic Traditions Raises $10.5 Million Series A To Expand U.S. Retail And Functional Wellness Portfolio

By Amit Chowdhry ● Jul 21, 2026

Organic Traditions has raised $10.5 million in Series A funding, equivalent to approximately C$15 million, to accelerate its expansion across the United States. The round was backed by strategic angel investors with experience in consumer packaged goods, retail, technology and operations.

Aligned Data Centers: AIP, MGX And BlackRock’s GIP Close $40 Billion Acquisition

By Amit Chowdhry ● Jul 21, 2026

The Artificial Intelligence Infrastructure Partnership, MGX and BlackRock’s Global Infrastructure Partners have completed their acquisition of Aligned Data Centers. The transaction values Aligned at approximately $40 billion on an enterprise-value basis and represents one of the largest private investments completed in digital infrastructure.

PolyPid Partners With Azurity In D-PLEX₁₀₀ Commercialization Deal Worth Over $320 Million

By Amit Chowdhry ● Jul 21, 2026

PolyPid has entered into an exclusive partnership with Azurity Pharmaceuticals to commercialize D-PLEX₁₀₀ in the United States and Canada for the prevention of surgical site infections. The agreement could provide PolyPid with more than $320 million in upfront and milestone payments, along with tiered royalties on future sales.

StarApps Acquires AppMaker To Expand Enterprise Mobile Commerce On Shopify

By Amit Chowdhry ● Jul 21, 2026

StarApps has acquired AppMaker, a native mobile application platform serving more than 200 enterprise brands, in an all-cash transaction. Financial terms were not disclosed.

AIP Capital And Bridgepoint Order Eleven CFM LEAP-1B Engines To Expand $1 Billion-Plus Portfolio

By Amit Chowdhry ● Jul 21, 2026

AIP Capital and Bridgepoint have agreed to purchase 11 CFM LEAP-1B spare engines from CFM International. The acquisition expands their joint venture focused on building a diversified commercial aircraft engine portfolio valued at more than $1 billion.

Karman Space & Defense To Acquire Walker Precision Engineering For $94 Million

By Amit Chowdhry ● Jul 21, 2026

Karman Space & Defense has agreed to acquire Glasgow-based Walker Precision Engineering for approximately $94 million, or £70 million. The transaction will establish Karman’s first operating presence outside the United States and expand its capabilities within the European missile, aerospace and defense markets.

McGuireWoods Adds Michelle Williamson As Houston Partner To Expand Energy And Infrastructure Finance Practice

By Amit Chowdhry ● Jul 21, 2026

McGuireWoods has added Michelle Williamson as a partner in its Houston office, expanding the firm’s capabilities across energy, infrastructure and other complex financing transactions. She joins after nearly a decade at Kirkland & Ellis in Houston, where she was a partner.

FinWise Bancorp Acquires Tallied Technology Platform To Bring Credit Card Issuing And Processing In-House

By Amit Chowdhry ● Jul 21, 2026

FinWise Bancorp has acquired the technology platform and related assets of Tallied Technologies, the credit card issuance and processing system supporting FinWise Bank’s co-branded card programs. The acquisition gives FinWise ownership of its card technology stack across applications, decisioning, issuance, processing and servicing.