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Luceco Reports £142.6 Million In First-Half Revenue And Raises 2026 Profit Expectations

By Amit Chowdhry ● Sep 24, 2026

Luceco, a UK-based designer and manufacturer of residential and commercial electrification products, reported £142.6 million in revenue for the first half of 2026, an increase of 13.4% from £125.7 million a year earlier. Adjusted operating profit increased 14.5% to £15.8 million, supported by substantial growth in its Energy Transition business and continued expansion across its core electrical product categories. Following the results, the company said it expects full-year 2026 adjusted operating profit to exceed market expectations.

Kingfisher Raises Full-Year Profit Guidance After First-Half Adjusted Profit Rises 9.9% To £404 Million

By Amit Chowdhry ● Sep 24, 2026

Kingfisher, the international home improvement retailer behind B&Q, Screwfix, Castorama, and Brico Dépôt, reported £404 million in adjusted profit before tax for the first half of fiscal 2026/27, representing a 9.9% increase from £368 million a year earlier. Following the results, the company raised its full-year adjusted profit guidance to £595 million to £635 million, compared with its previous forecast of £565 million to £625 million.

Aytu BioPharma Reports $16.1 Million In Fourth-Quarter Revenue As EXXUA Sales Reach $3.9 Million

By Amit Chowdhry ● Sep 24, 2026

Aytu BioPharma, a Denver-based pharmaceutical company focused on central nervous system disorders, reported $16.1 million in revenue for the fourth quarter of fiscal 2026, representing a 6.4% increase from $15.1 million during the corresponding quarter a year earlier. The results were supported by the commercial launch of EXXUA, which generated $3.9 million in quarterly revenue, while total prescriptions for the antidepressant increased approximately 138% from the preceding quarter.

Here Group Reports $88 Million In Fiscal 2026 Revenue And $37.6 Million Loss

By Amit Chowdhry ● Sep 24, 2026

Here Group, a Beijing-based company developing collectible toys and intellectual property-driven consumer products, reported RMB596.8 million ($88 million) in revenue for fiscal 2026, its first full fiscal year focused on the pop toy business. The company also reported a net loss from continuing operations of RMB254.9 million ($37.6 million), including a substantial goodwill impairment charge associated with its acquisition of Letsvan. Alongside its financial results, Here announced the departure of Liu Xihao from its board of directors and senior management team.

Serabi Gold Reports $100.1 Million In First-Half Revenue As Gold Production Rises 12%

By Amit Chowdhry ● Sep 24, 2026

Serabi Gold, a gold mining company with operations in Brazil, reported $100.1 million in revenue for the first half of 2026, representing an increase of approximately 60% from $62.5 million during the corresponding period in 2025. The company also reported $30.1 million in net profit, compared with $18.9 million a year earlier, supported by higher gold production, increased sales volumes, and substantially higher realized gold prices.

ARK Invest Tokenizes ARK Venture Fund With Securitize, Bringing Private Market Investments Onchain

By Amit Chowdhry ● Sep 24, 2026

ARK Invest has partnered with Securitize (NYSE: SECZ) to tokenize the ARK Venture Fund (ARKVX), bringing one of the investment manager's flagship strategies onto blockchain-based infrastructure. The initiative will allow eligible investors to access the fund through Securitize, with tokenized ARKVX initially available on Ethereum. The fund invests across private and public companies developing disruptive technologies, with portfolio holdings that include OpenAI, Anthropic, Stripe, and Databricks.

AutoZone Reports $20.3 Billion In Annual Revenue And $56.05 In Fourth-Quarter Earnings Per Share

By Amit Chowdhry ● Sep 24, 2026

AutoZone reported $20.3 billion in revenue for fiscal 2026, representing a 7.4% increase year over year, as the automotive replacement parts retailer expanded its domestic and international operations. Fourth-quarter revenue increased 5.6% to $6.6 billion, while diluted earnings per share rose to $56.05 from $48.71. The company opened 175 stores during the quarter, bringing its global store count to 8,031 locations.

THOR Industries Reports $9.61 Billion In Fiscal 2026 Revenue And Plans Over $100 Million In Annual Cost Improvements

By Amit Chowdhry ● Sep 24, 2026

THOR Industries reported $9.61 billion in revenue for fiscal 2026, representing a slight increase from $9.58 billion a year earlier, despite weaker demand across the recreational vehicle industry. The company generated $177.5 million in annual net income, down 31.3%, and announced additional operational initiatives expected to improve its annual earnings profile by more than $100 million once fully implemented.

KB Home Reports $1.3 Billion In Third-Quarter Revenue And Maintains Full-Year Outlook

By Amit Chowdhry ● Sep 24, 2026

KB Home reported $1.30 billion in revenue for its third quarter ended August 31, 2026, a 20% decline from the corresponding period a year earlier. The Los Angeles-based homebuilder delivered 2,732 homes, down 19%, as elevated mortgage rates and housing affordability challenges continued to affect buyer demand. Despite the difficult market, KB Home maintained its full-year guidance and repurchased $50 million of common stock during the quarter.

City Of Sugar Land: Interview With Business Recruitment Manager Colby Millenbruch About The Innovation Fund

By Amit Chowdhry ● Sep 24, 2026

The City of Sugar Land’s Office of Economic Development and Tourism focuses on attracting business investment, supporting expansion, creating jobs, activating office space, and diversifying the city’s economy. Through the Sugar Land Starts Innovation Fund, the city is targeting revenue-generating startups that are ready to scale and establish a long-term presence in Sugar Land. Pulse 2.0 interviewed City of Sugar Land Business Recruitment Manager Colby Millenbruch to learn more.

Meta Unveils $1,299.99 VR Glasses, Expands Muse AI, And Introduces More Than 100 AI Glasses Styles

By Amit Chowdhry ● Sep 24, 2026

Meta has unveiled Meta VR Glasses, a $1,299.99 virtual reality device launching in spring 2027, alongside major updates to its Muse AI agent and an expanded portfolio of smart glasses at Meta Connect 2026. The announcements include Meta's first audio-focused glasses, new Ray-Ban and Oakley models, AI-powered hearing assistance, and additional entertainment and productivity capabilities. By the end of 2026, Meta expects to offer more than 100 AI glasses styles, marking its broadest wearable technology lineup to date.

Confido Raises $55 Million Series B Led By Insight Partners To Develop AI-Based Software For CPG Companies

By Amit Chowdhry ● Sep 24, 2026

Confido, a New York-based developer of AI-powered software for consumer packaged goods companies, has raised a $55 million Series B led by Insight Partners, with participation from Trenches Capital, Watchfire, Barrel Ventures, Footwork, and Y Combinator. The financing brings the company's total funding to $77 million and will support product development, expansion into food service, and additional hiring across its engineering, product, and go-to-market organizations.

Ondas Acquires Three Defense Technology Companies For $56 Million, With Up To $32 Million In Earnouts

By Amit Chowdhry ● Sep 24, 2026

Ondas, a provider of autonomous systems and defense technologies, has acquired Insignito, Ottopia Defense, and Caribou Labs for an aggregate purchase price of $56 million, payable in cash or Ondas common stock. The transactions also include potential earnout payments of up to $32 million, bringing the maximum aggregate consideration to $88 million if the acquired businesses achieve specified performance milestones through 2028. The acquisitions expand Ondas' capabilities in drone detection, autonomous vehicle operations, resilient communications, and navigation in environments where GPS signals are unavailable.

Ema Raises $77 Million Series B Led By Creaegis, Bringing Total Funding To $140 Million

By Amit Chowdhry ● Sep 24, 2026

Ema, a Mountain View, California-based developer of enterprise AI agents, has raised a $77 million Series B led by Creaegis, with existing investors Accel, S32, and Prosus increasing their investments. The financing brings Ema's total funding to $140 million and more than quadruples its valuation compared with its previous funding round. The company plans to expand its go-to-market organization and accelerate development of its AI Employee platform, which automates business operations across human resources, information technology, and finance.

Anaconda Biomed Raises $56 Million To Advance Stroke Treatment Technology And Complete Pivotal Clinical Trial

By Amit Chowdhry ● Sep 24, 2026

Anaconda Biomed, a medical technology company based in Barcelona, Spain, and Marin, California, has secured $56 million in financing led by Omega Funds, with participation from new investor Spain's Co-investment Fund (FOCO), managed by COFIDES, and existing investors Asabys, Ysios Capital, and CDTI through its SICC Innvierte initiative. The financing will support the completion of the company's ATHENA pivotal clinical trial, continued development of its neurovascular device portfolio, and efforts to secure additional regulatory approvals internationally.

Go.AI Raises $85 Million Series A Led By Updata Partners, Bringing Total Funding To $90 Million

By Amit Chowdhry ● Sep 24, 2026

Go.AI, a Chicago-based provider of private artificial intelligence infrastructure for regulated industries, has raised $85 million in Series A funding led by Updata Partners, with participation from existing investors GFT Ventures and LAUNCH. The financing brings the company's total funding to $90 million and will support the expansion of its engineering team, continued development of its software and hardware products, and broader commercialization of its on-premises AI platform.

Venn Acquires Zuma For $50 Million To Expand AI Platform Across Nearly One Million Homes

By Amit Chowdhry ● Sep 24, 2026

Venn, a New York-based AI platform for real estate, has acquired Zuma, an Andreessen Horowitz-backed developer of AI agents for multifamily property operators, for $50 million. The acquisition expands Venn's capabilities in leasing, renewals, and rent collection while supporting its broader strategy of developing an integrated AI platform for the real estate industry. Venn currently serves more than 270 property owners and operators and expects its platform to surpass one million units under management by the end of 2026.

Biolevate Raises €30 Million Series A Led By RAISE France And Orange Ventures, Expands Into Boston

By Amit Chowdhry ● Sep 24, 2026

Biolevate, a Paris-based developer of AI-powered automation software for the life sciences industry, has raised a €30 million Series A co-led by RAISE France and Orange Ventures, with participation from MSD Global Health Innovation Fund, Station F, and existing investor EQT Ventures. The financing will support Biolevate's international expansion, accelerate development of its enterprise AI platform, and expand deployments among pharmaceutical and other life sciences organizations. The announcement coincides with the opening of a new Boston office, establishing Biolevate's presence in the United States.

TERASi Raises €11 Million Seed Round Led By NATO Innovation Fund And JOIN Capital

By Amit Chowdhry ● Sep 24, 2026

TERASi, a Stockholm-based defense technology company developing high-speed wireless communications systems, has raised €11 million in seed funding co-led by NATO Innovation Fund and JOIN Capital. The financing includes new investors In-Q-Tel and D3, alongside existing backers Navigare Ventures, Almi Invest, Onsight Ventures, Further Than Capital, and KTH Ventures. The investment will support the expansion of TERASi's manufacturing and engineering capabilities, accelerate deployment of its communications technology to European armed forces, and fund the development of additional products for military and other mission-critical applications.

American Supercritical Raises $8 Million Pre-Seed Led By Silent Ventures To Develop Advanced Power Generation Technology

By Amit Chowdhry ● Sep 24, 2026

American Supercritical, a Denver-based energy technology company developing next-generation power generation systems, has emerged from stealth with $8 million in pre-seed funding led by Silent Ventures. Other participating investors include Riot Ventures, Harpoon, Reveille VC, Hillwood, Mana Ventures, Climate Capital, Alumni Ventures, and angel investors. The financing will support the commercialization of the company's factory-built supercritical carbon dioxide power systems, which are designed to convert waste heat from existing gas turbines into additional electricity.

Butterfly Equity To Acquire Sabert, Expanding Its Global Food Packaging Portfolio

By Amit Chowdhry ● Sep 24, 2026

Butterfly Equity, a Los Angeles-based private equity firm specializing in the food and beverage industry, has entered into a definitive agreement to acquire Sabert Holding Corp., a global manufacturer of food packaging solutions. The acquisition expands Butterfly's portfolio of businesses serving the food industry and provides an opportunity to support Sabert's continued growth across foodservice, grocery, restaurant, and food processing markets. Financial terms were not disclosed, and the transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.

AVS Bio Acquires Biorbyt To Expand Global Biomaterials And Life Sciences Research Platform

By Amit Chowdhry ● Sep 24, 2026

AVS Bio, a portfolio company of Arlington Capital Partners, has acquired Biorbyt, a Cambridge, UK-based supplier of research antibodies, proteins, and other biomaterials. The acquisition expands AVS Bio's product catalog and international distribution capabilities while adding an established e-commerce platform serving pharmaceutical companies, biotechnology businesses, and academic institutions. Financial terms were not disclosed.

Cox Capital Launches $40 Million Tender Offers For Blackstone And HPS Private Credit Fund Shares

By Amit Chowdhry ● Sep 24, 2026

Cox Capital Partners has launched two separate cash tender offers to purchase up to $40 million in combined Class I shares of Blackstone Private Credit Fund (BCRED) and HPS Corporate Lending Fund (HLEND). The offers provide an additional secondary-market liquidity option for investors following substantial oversubscription of both funds' third-quarter 2026 share repurchase programs. Cox Capital's purchasing entity is Cox Capital Retail Secondaries Fund I, a private investment fund managed by a Cox Capital affiliate.

Bio-Techne Shareholders Approve Acquisition By Merck As U.S. Antitrust Waiting Period Expires

By Amit Chowdhry ● Sep 24, 2026

Bio-Techne, a Minneapolis-based provider of life sciences tools, reagents, and diagnostic products, has announced that its shareholders have approved the company's proposed acquisition by Merck KGaA, Darmstadt, Germany. The approval, obtained at a special shareholder meeting on September 23, 2026, represents a significant milestone toward completing the transaction. The companies also confirmed that the applicable U.S. antitrust waiting period expired on September 18. The acquisition remains subject to outstanding regulatory approvals and other customary closing conditions, with completion expected by late 2026 or early 2027.

Persistent Secures 83.25% Of Nagarro In €81-Per-Share Takeover Offer And Plans Delisting

By Amit Chowdhry ● Sep 24, 2026

Persistent Systems has announced that its voluntary public takeover offer for Nagarro SE has exceeded the required acceptance threshold, with approximately 83.25% of Nagarro's share capital and voting rights secured through tendered shares and an existing purchase agreement. The offer, conducted through Persistent's wholly owned subsidiary Galaxy Germany Holding SE, provides shareholders with €81 in cash per share. An additional acceptance period runs from September 23 through October 6, 2026, with the transaction expected to close by the end of the first quarter of calendar year 2027, subject to outstanding regulatory approvals.

Constellation Cold Logistics Appoints Abhy Maharaj As CEO, With Carlos Rodriguez Moving To Advisory Board

By Amit Chowdhry ● Sep 24, 2026

Constellation Cold Logistics, a European cold storage and logistics provider, has appointed Abhy Maharaj as Chief Executive Officer, effective October 1, 2026. Maharaj will succeed Carlos Rodriguez, who will transition to Constellation's Advisory Board and continue supporting the company's mergers and acquisitions strategy. The leadership transition comes as Constellation expands its European operations, which now span 10 countries and approximately 1.2 million pallet positions of cold storage capacity.

Greenberg Traurig Adds Sofiya Bumagin As Shareholder In London Energy Practice

By Amit Chowdhry ● Sep 24, 2026

Greenberg Traurig has expanded its London Energy & Natural Resources Practice with the appointment of Sofiya Bumagin as a Shareholder. Bumagin joins from Sidley Austin, bringing experience advising private equity firms and other financial sponsors on infrastructure mergers and acquisitions, particularly transactions involving the energy transition and digital infrastructure.

Norton Rose Fulbright Adds Tim Ribelin As Healthcare Litigation Partner In Austin

By Amit Chowdhry ● Sep 24, 2026

Cineplex Appoints Bill Walker As CEO And Launches Strategic Review Including Potential Sale

By Amit Chowdhry ● Sep 24, 2026

Cineplex, Canada's largest movie theater operator, has appointed Bill Walker as Chief Executive Officer, effective September 23, 2026, while announcing that its Board of Directors has initiated a strategic review that could include a potential sale of the company. Walker succeeds longtime CEO Ellis Jacob, who will remain involved as Special Advisor to the Board through December 31, 2026, supporting the leadership transition and the evaluation of strategic alternatives.

FORTÉ Appoints Christopher Mounts As Global CEO And Matt Winger As Global CFO

By Amit Chowdhry ● Sep 24, 2026

FORTÉ, a Minneapolis-based provider of audiovisual, communications, and workplace collaboration technology, has appointed Christopher Mounts as Global Chief Executive Officer, effective October 1, 2026. Mounts, who currently serves as the company's Chief Financial Officer, will succeed Jeff Stoebner, who is transitioning to Executive Chairman after serving as CEO since 2009. The company also announced that Matt Winger, currently Executive Vice President of Finance, will become Global Chief Financial Officer.