Archives

Johnson Controls Expands Denmark Heat Pump Facility To Double Production

By Amit Chowdhry ● May 12, 2026

Johnson Controls has announced the expansion of its Holme, Denmark heat pump and chiller facility, doubling production capacity and adding a state-of-the-art customer experience and test center to meet growing demand for high-capacity heat pumps across Europe. The expansion, which operates on 100% green energy, includes 2,300 additional square meters of new production space and a 1,800 square meter test center compliant with the latest European Heat Pump Association testing standard. The project is expected to create more than 100 new local jobs.

OpenAI Launches Daybreak To Accelerate AI-Powered Cyber Defense And Secure Software By Design

By Amit Chowdhry ● May 12, 2026

OpenAI has announced Daybreak, its vision for AI-native cyber defense designed to help defenders find vulnerabilities earlier, act faster, and build software that is resilient by design from the start. The initiative combines the intelligence of OpenAI models, the extensibility of Codex as an agentic harness, and partnerships across the security ecosystem to bring secure code review, threat modeling, patch validation, dependency risk analysis, detection, and remediation guidance into the everyday development loop.

Dentons Canada Adds Real Estate Partner Michael Kershaw In Toronto

By Amit Chowdhry ● May 12, 2026

Dentons Canada has announced the arrival of Michael Kershaw as a partner in its national Real Estate group, further expanding one of the firm's most active practice areas. The addition follows the recent arrival of Kamil Umar as a partner in the Calgary Real Estate group, strengthening the firm's national real estate platform across both financing and development capabilities.

Norton Rose Fulbright Adds Asia Pacific Energy And Infrastructure Partner Daniel Lin

By Amit Chowdhry ● May 12, 2026

Norton Rose Fulbright has announced the arrival of Daniel Lin as a partner in its corporate practice, working across the firm's Sydney and Tokyo offices. Lin joins from Sidley, where he was co-managing partner of the Tokyo office, and brings extensive experience advising on energy, infrastructure, and general corporate transactions across Japan, Southeast Asia, the Americas, and Europe.

SoFi Technologies Acquires PrimaryBid Assets To Strengthen Capital Markets Platform

By Amit Chowdhry ● May 12, 2026

SoFi Technologies has acquired the assets of PrimaryBid, a United Kingdom-based fintech company that powers retail inclusion in global capital markets, according to a message posted on PrimaryBid's website and confirmed by a SoFi spokesperson. The acquisition specifically covers the assets of PrimaryBid's directed share program. Financial terms were not disclosed.

Boundary Labs Raises $2 Million Pre-Seed To Launch Institutional Stablecoin USBD

By Amit Chowdhry ● May 12, 2026

Boundary Labs has announced the closing of a $2 million pre-seed funding round led by Galaxy Ventures, with participation from institutional finance partners and angel investors, including VCs BlackWood and FirstBlock Capital. The capital will accelerate the launch of USBD, a stablecoin protocol engineered specifically for financial and blockchain institutions and approved participants that require a new standard of on-chain verifiability in the more than $300 billion stablecoin market.

Kraken Resources Closes $400 Million Senior Notes And Acquires Zavanna Energy In Williston Basin Expansion

By Amit Chowdhry ● May 12, 2026

Kraken Resources has announced the closing of a $400 million private offering of 7.125% senior unsecured notes due 2031 through its subsidiary Kraken Oil & Gas Partners, alongside the completed acquisition of Zavanna Energy Operating, LLC. The notes were issued at par on May 11, 2026, with proceeds used to repay a portion of outstanding borrowings under the company's revolving credit facility.

Latham & Watkins Adds Real Estate Partner Marco Caffuzzi In New York

By Amit Chowdhry ● May 12, 2026

Latham & Watkins has announced that Marco Caffuzzi has joined the firm's New York office as a partner in its Real Estate Practice. Caffuzzi brings nearly three decades of experience advising on complex real estate transactions across domestic and cross-border markets, joining from Skadden, Arps, Slate, Meagher & Flom. He received his JD from New York Law School and his BA from New York University.

Paymentology Raises $175 Million To Accelerate Global Issuer Processing Expansion

By Amit Chowdhry ● May 12, 2026

Paymentology, the London-based global issuer-processor, has raised $175 million in a funding round co-led by Apis Partners, a private equity firm specializing in financial infrastructure and services, and Aspirity Partners, a pan-European private equity firm focused on financial technology and services. The investment will support Paymentology's continued global expansion, product development, and team growth as the company builds on strong demand for modern issuer processing at scale.

Telekom Srbija Raises €1.95 Billion Through Eurobond Transaction

By Amit Chowdhry ● May 12, 2026

Telekom Srbija has successfully completed its second international corporate bond issuance, raising approximately €1.95 billion through a multi-tranche offering of senior unsecured notes denominated in U.S. dollars and euros. The transaction generated a total demand of $13.87 billion from approximately 300 leading international institutional investors, making it the largest corporate bond issuance ever executed in the Southeast and Central and Eastern Europe region, as well as one of the most heavily oversubscribed corporate transactions across emerging markets globally during 2025 and 2026.

AMP IT Closes New Funding Round To Scale Private EV Charging Platform Across Switzerland And Europe

By Amit Chowdhry ● May 12, 2026

AMP IT, a Geneva-based energy and mobility company, has completed a new funding round supported notably by the Swiss Technology Fund, bringing the company's total funding to €7 million since its founding in 2021. The capital will support operational scaling, further development of its proprietary software platform, and expansion into selected European markets beyond its core Swiss market.

Stardog Promotes Navin Sharma To Chief Product Officer To Lead Semantic AI Platform Growth

By Amit Chowdhry ● May 12, 2026

Stardog has announced the promotion of Navin Sharma to Chief Product Officer, reinforcing the company's leadership in powering enterprise AI through its semantic AI platform. The promotion reflects Stardog's momentum as enterprises accelerate investment in agentic AI systems that require trusted, contextual data foundations to operate reliably in complex, mission-critical environments.