Mercedes-Benz bets $560M on AI to cut car development by 17 months
Mercedes-Benz is investing around €500 million ($560 million) in PLM.AI, an AI-based product lifecycle management system it says could cut vehicle development time by up to 30%, or about 17 months. The platform links…
OpenAI nears $30B round at $1.25T valuation, led by Coatue and UAE investors
OpenAI is close to raising $30 billion in a late-stage round that would value the company at up to $1.25 trillion, before the new money. Coatue Management and investors from the United Arab Emirates are set to lead the…
Partners Group cuts dozens of buyout jobs, raises $510M for credit push
Partners Group has cut or reassigned dozens of positions across its 200-plus-person private equity unit, even as it pulled in $510 million for a private credit feeder vehicle. Some staff left the Zug-based firm; others…
Utopai Studios hits $1B valuation with $60M raise as video AI heats up
Utopai Studios, a four-year-old AI film startup based in Mountain View, California, has raised $60 million in growth equity at a $1 billion valuation. The round makes the company the latest video AI firm to reach…
Tractian hits $1.4B valuation with $130M Series D for factory AI
Tractian, a seven-year-old physical AI startup based in Atlanta, Georgia, has raised $130 million in a Series D round at a $1.4 billion valuation. Sapphire Ventures led the round, with M&G's Catalyst co-leading.…
Denmark pushes data centres to back of grid queue as requests hit 60GW
Denmark's Parliament has adopted an "emergency plan" that strips large data centres of priority access to the electricity grid. The Ministry of Climate, Energy, and Utilities said the measure passed on October 1, 2026,…
Berkshire hits record high as $360B cash pile draws investors fleeing AI stocks
Berkshire Hathaway shares hit a record intraday high of $823,750 on October 22, 2026, as investors rotated into cash-rich, old-economy names amid a broad sell-off in AI stocks. The company is sitting on roughly $360…
Commonwealth Fusion lands $85M CHIPS Act award for fusion-ready chips
Commonwealth Fusion Systems (CFS) has signed a letter of intent for a proposed $85 million federal award from the US Department of Commerce to develop advanced semiconductors for the fusion power industry. The money…
Axel Springer's Döpfner pitches buying TikTok's European arm
Axel Springer chief executive officer and co-owner Mathias Döpfner has pitched being part of a deal to buy or carve out a stake in TikTok 's European operations, according to the Financial Times. Döpfner raised the idea…
Anthropic backs its first European AI consultancy with buyout group Hg
Anthropic has agreed to back a new European consultancy with London-based private equity firm Hg, its first move to create an independent business selling AI expertise to companies on the continent. The venture will…
Anthropic seeks $345K human writer as it eyes a $2T IPO
Anthropic, the developer of the Claude AI model, is hiring an "executive communications writer" for a salary of up to $345,000 a year. The AI company wants a strategic partner who can shape leaders' thinking, challenge…
Cedar Grove bets on cannabis for the first time, backing $283M Auxly
Cedar Grove Capital made its first official cannabis investment, adding Auxly Cannabis Group (TSX: XLY) to its portfolio on October 15, 2026. The fund built the position during the third quarter of 2026, citing Auxly's…
Knowledge Work closes Series C with $30.6M debt facility
Tokyo-based Knowledge Work has raised US$36.9M (roughly $30.6 million, including credit facilities) in debt financing, closing the second tranche of its Series C round. The loan comes from seven lenders: Mizuho Bank,…
CalPERS cuts Magnificent Seven stake 26%, pivots to private equity
CalPERS, the roughly $640 billion US pension fund, cut the combined number of shares it directly held in the Magnificent Seven tech stocks by 26% in the first half of 2026, the Financial Times reported. The fund is…
PCS Wireless takes 10.36% of Japan's ReNet in $34.4M circular-economy push
PCS Wireless was the largest participant in a roughly US$41.5M strategic financing of ReNet Japan Group (TSE: 3556), a publicly traded Japanese reuse and recycling company. PCS received 2.1 million shares, or about…
Kivo Health raises $10M to treat lung disease at home
Kivo Health, a telehealth provider focused on lung diseases, raised a $10 million Series A led by Allumia Ventures, chief executive officer Victor Sadauskas told Axios Pro. Y Combinator, MassMutual Ventures, Liquid 2…
Costa Rica's largest credit union clears a step toward $3.5B merger
Costa Rica's competition regulator, Coprocom, has received formal notification of a merger between credit unions Coopenae and CoopeAnde, in which Coopenae absorbs CoopeAnde. Both operate in financial intermediation, and…
Marvell doubles revolver to $3B with Bank of America-led facility
Marvell Technology has secured a $3 billion revolving credit facility with Bank of America as administrative agent, disclosed in an October 23, 2026 SEC filing. The agreement replaces a prior $1.5 billion facility dated…
PsychPlus buys California's Precision Psychiatric, adding 100+ psychiatrists
PsychPlus has acquired Precision Psychiatric Services, a California psychiatric organisation, for an undisclosed sum. The deal adds more than 100 psychiatrists and hospital partnerships to PsychPlus's clinical network,…
Kazakhstan's Altynalmas raises $60M in bonds at 7% amid pending sale
Kazakhstan goldminer JSC AK Altynalmas has placed $60 million in bonds on the Kazakhstan Stock Exchange (KASE), carrying a 7% annual coupon over a 14-month term. The notes were listed on October 13 in KASE's "Private…
Crusoe borrows $700M against gas turbines, AI's new collateral
Crusoe has secured a $700 million debt facility from Neuberger Specialty Finance (NBSF), secured by the gas generators the company ordered to power its data centers. Announced October 22, the loan is backed not by data…
Maryland institutions commit $1.6M to UpSurge Baltimore, name Christopher Brandt CEO
A coalition of Maryland institutions has committed $1.6 million over two years to UpSurge Baltimore, the Greater Baltimore Committee 's innovation and entrepreneurship team, which has named healthcare technology…
Standard Chartered buys Zodia Custody outright in crypto push
Standard Chartered has agreed to acquire 100% of Zodia Custody, a firm that safeguards crypto assets for institutional clients. The price was not disclosed. The bank signed definitive agreements in October, subject to…
Bracely raises $700K for prevention-first home insurance
Britely Insurance, a California startup building a prevention-focused home insurance model, has raised $700,000 from 24 investors, according to an SEC filing. The financing was structured as convertible SAFE agreements…
BDO buys Microsoft specialist K-CON to deepen its AI consulting
BDO has acquired K-CON GmbH, a Swiss firm specialising in Microsoft 365, digital collaboration, and change management. The deal closed on October 1, 2026; terms were not disclosed. Founder Andy Frei now leads BDO's…
China's Weiguang raises $15M Series A for AI-powered AR glasses
Weiguang Electronic Technology, a Chinese developer of smart AR glasses, has raised nearly US$13.8M in a Series A round. Wuxi Liangxi Science and Technology City Innovation Investment Co., Ltd. (Liang Chuangtou) led the…
Hanwha Energy USA raises $400M in bond sale backed by Korea Development Bank
Hanwha Energy USA Holdings, the parent of US renewables developer 174 Power Global, has issued $400 million of 5.5% guaranteed senior unsecured notes due 2029. The notes are guaranteed by The Korea Development Bank and…
Fusion supplier Hefei Keye raises Series A as capital bets on reactor supply chain
Hefei Keye Electrophysical Equipment Manufacturing, a Chinese maker of vacuum machinery and general mechanical products, has closed a Series A round. Investors include Shanghai Industrial Intellectual Property Fund,…
Goodwin buys STACK.aero to merge charter operations with payments
Goodwin Company, a financial technology platform built for charter aviation, has acquired STACK.aero, a business operations platform for charter brokers, aircraft operators, and corporate flight departments. The…
Deal Box opens $10M fund tied to Bitcoin token XRB
Deal Box has opened a $10 million offering for Deal Box Fund I, a venture fund giving accredited investors exposure to XRB, the native token of Orobit, a protocol that aims to bring enforceable contracts to Bitcoin. The…
Sodena lends €1 million to Navarre wind supplier Grupo Barga
Sodena, the Navarre regional government's public investment arm, has granted a €1 million ordinary loan to Grupo Barga, a family-owned Navarrese maker of internal components for onshore and offshore wind towers. The…
PlayVS files to raise up to $52.5M as it fights to stabilize
PlayVS, the Los Angeles-based scholastic esports platform legally named Play Versus, has filed an SEC Form D to raise up to $52.5 million. The filing, dated September 22, 2026, reports $3 million sold so far, with the…
Household Capital lands $213M securitisation to fund reverse mortgage growth
Household Capital, an Australian specialist lender for homeowners aged 60 and over, has completed a US$196.7M mortgage securitisation. Citi arranged the deal and acted as joint lead manager alongside Macquarie Bank.
Novacore buys cross-border trucking insurer Diesel in deal-heavy 2026
Novacore has agreed to acquire Diesel Insurance Solutions, a California-based managing general underwriter specialising in cross-border trucking, physical damage and cargo coverage. The company moves freight across the…
Flerie completes merger with fungal-disease biotech Biosergen
Sweden's Flerie has completed its merger with clinical-stage biotech Biosergen after the Swedish Companies Registration Office registered the deal on October 23, 2026. All of Biosergen's assets and liabilities have…
Japan's DeltaForesight closes US$2.49M seed, launches yen DeFi protocol on Ethereum
DeltaForesight has closed a US$2.49M seed round led by Coral Capital, with early backing from Fracton Ventures, and launched its JPY DeFi protocol on Ethereum. Users can borrow its JPYdf token against collateral such as…
team.blue extends €1.1B loan to 2032 after doubling the deal mid-market
team.blue has priced a €1.1 billion amendment and maturity extension on its Term Loan B, pushing the refinanced tranche from September 2029 to July 2032. The Ghent-based SMB software provider, backed by Hg, CPP…
SP Group raises $125M in debt, part of a $2.25B India private credit refinancing
Shapoorji Pallonji Group (SP Group), one of India's oldest conglomerates, raised $125 million in a September 2026 fundraising through its unit Eqyizen Investment Private Limited. The raise followed a $2.25 billion…
Strella lands $4.25M extension to scale fruit-ripeness monitoring
Seattle ag-tech startup Strella Biotechnology has raised $4.25 million to expand technology that tracks how fruit ripens as it moves from growers to grocery stores. The investment extends its Series A and brings total…
SwapGlobal lands funding from Boekhoorn, W Group and Kenzoll to push past crypto
SwapGlobal, a US over-the-counter (OTC) derivatives provider for institutional investors, has raised an undisclosed early-stage round from Dutch investor Marcel Boekhoorn, W Group founder and president Volodymyr Nosov,…
Michigan's DataISource raises $2M seed for AI procurement platform
DataISource, a Macomb County, Michigan startup, has raised $2 million in seed funding from Velocity to build DataProcur, an AI platform for manufacturers' procurement. Co-founded by chief executive officer Cornel Ureche…
PDW files for $52.2M offering as US military drone demand climbs
PDW Holdings, the Huntsville, Alabama defense technology firm behind Performance Drone Works, has filed a US Securities and Exchange Commission notice for an exempt offering to raise $52,200,194. The full amount was…
Path Power raises $11.7M to speed up utility undergrounding
Path Power, a Berkeley, California startup that supplies trenchless equipment for underground utility construction, has filed a Form D with the Securities and Exchange Commission reporting $11,681,997 raised. The filing…
Rush, Endeavor plan merger to form $10.2B, 12-hospital Chicago health system
Rush University System for Health and Endeavor Health will merge to create a 12-hospital, 400-plus-site system across northern Illinois and northwest Indiana, Chicago-based Rush and Evanston-based Endeavor said. The two…
Leader Education raises $9.94M in second discounted placement this year
Hong Kong-listed Leader Education has agreed to place up to 120 million new shares — about 15% of its existing share capital — at US$0.08 each to at least 40 independent investors. The deal, arranged through DL…
CoreWeave lands $8.5B debt deal, cementing a trillion-dollar AI lending playbook
CoreWeave secured $8.5 billion in debt financing in March 2026, backed by its contracts with Meta Platforms. Part of the loan carried interest of just 5.9% — down from the mid-teens rates the cloud provider paid in 2023.
Belgian insurer Patronale Life buys Century 21's Benelux business
Belgian insurer Patronale Life is acquiring the Benelux operations of real estate broker Century 21, taking the business over from Belgian-Congolese banker Robert Levy. The deal value was undisclosed.
Hilltop Bio lands RevUp Capital debt backing for its animal regenerative therapies
Hilltop Bio has secured follow-on debt financing from RevUp Capital, which first backed the Norwood, Massachusetts company earlier. RevUp described itself as "thrilled to deepen our support" for the veterinary biotech,…
Serendip to merge two auto-parts units in Japan roll-up push
Serendip Holdings will merge two subsidiaries, Mitsuiya Industry and Excel, into its unit Serendip Automotive, with the deal set to take effect on April 1, 2027. The Nagoya-based group's board approved the…
HC Surgical takes full control of Total Orthopaedics in $16.8M buyout
HC Surgical Specialists has acquired the remaining 65% stake in Total Orthopaedics (TOPL) for US$15.7M, taking the Catalist-listed group to full ownership. It completed the purchase on October 20, buying out TOPL…
Namirial buys Spain's ZeroComa to deepen Iberian push past €270M revenue
Namirial, one of Europe's largest providers of digital transaction certification, has acquired Spanish firm ZeroComa for an undisclosed sum. The Madrid-based target builds software for managing electronic notifications…
Izertis draws €3.9M in fifth note sale under its €30M MARF programme
Spanish technology consulting firm Izertis has completed its fifth 2026 issuance of promissory notes on Spain's Alternative Fixed-Income Market (MARF), raising €3.9 million. The placement admitted 39 securities, each…
CTS closes $50M Millar deal to push deeper into medical sensing
CTS Corporation has completed its $50 million acquisition of Millar Holdings, net of cash acquired and debt assumed, with additional payments tied to performance targets. Millar designs and makes advanced…
Portakabin lands £1.9B infrastructure-style financing platform
Modular building provider Portakabin has established a roughly £1.9 billion ($2.5 billion) investment grade-rated financing platform, backed by its shareholder Antin Infrastructure Partners. The debt package closed on…
Bolt acquires Prana in reverse merger, backed by $120M placement
Bolt Biotherapeutics has acquired clinical-stage biotech Prana Therapies in a stock-for-stock reverse merger, paired with a $120 million private placement. The combined company will focus on advancing PRA-216, Prana's…
Kubota Pharma to raise $11,500 in stock-rights placement
Kubota Pharmaceutical Holdings Co., Ltd. announced a private placement expected to raise US$13.8K, issuing two series of stock-acquisition rights to Evo Fund and individual investor Ryo Kubota. The company disclosed the…
GFG raises $8.1M to fund gold exploration as Alamos holds 10.8% stake
GFG Resources has closed an upsized post-IPO equity financing of US$5.94M, with Alamos Gold participating to maintain its roughly 10.8% stake. The raise came in above an initial target of about US$5.13M.
New Jersey Natural Gas closes $50M note sale, completing $150M placement
New Jersey Natural Gas Company (NJNG), a wholly owned subsidiary of New Jersey Resources Corporation (NYSE: NJR), issued $50 million of 5.43% senior notes to institutional investors on October 22, 2026. The notes,…
Shipping-fuel supplier CBL raises $848K in discounted private placement
CBL International, the Malaysia-based marine fuel supplier listed on Nasdaq as BANL, has raised $848,000 in a private placement. On October 23, 2026, it sold 400,000 Class B ordinary shares at $2.12 each to two…
Energy B raises £608,000 from family offices for Gatwick restart push
Energy B plc (AQSE: NRGB), the UK-listed company formerly known as Hydrogen Future Industries, has raised £607,500 from family office investors through a placing of 5,062,500 shares at £0.12 each. The proceeds will fund…
AUB Group buys Aon's One Underwriting Australia in agency bolt-on
AUB Group has agreed to acquire One Underwriting Australia from Aon, strengthening its agencies division. The price was not disclosed, and the transaction remains subject to regulatory approval and customary completion…
HR Path buys Australia's Payroll Experts to deepen ANZ compliance reach
HR Path, a French HR consulting and HRIS software firm, has acquired Payroll Experts Australia, a Brisbane-based specialist in payroll compliance, audits, and error remediation. The deal was announced in October 2026.…
RMBV takes 50% of Egypt's ATCO Pharma in $50M deal
RNAF III, a fund managed by North Africa-focused investment firm RMBV, has agreed to acquire a 50% stake in Egyptian drugmaker ATCO Pharma in a growth equity investment valued at $50 million, according to a source cited…
Evergreen's Lyra buys Dutch MSP Lantack in first Benelux deal
Evergreen 's Lyra Technology Group has acquired Lantack B.V., a Dutch managed service provider based in Halsteren. The deal, announced October 21, 2026, marks Evergreen's first investment in the Netherlands and the…
Colibri buys Cannoli to turn restaurant data into repeat sales
Brazilian restaurant-software maker Colibri has acquired Cannoli, a customer-relationship platform, for an undisclosed sum. The deal is one of two recent purchases — alongside queue-management firm Qnow — aimed at…
Tether leads seed round for Bolivian fintech Peso to push USDT into daily payments
Tether has led a seed round in Peso, a Bolivian fintech company building USDT-based consumer payments across Latin America. The round was announced in October 2026; the amount and valuation were not disclosed.
House of Doge merges product arm into new Dogecoin Labs for an equity stake
House of Doge (NASDAQ: HODO) is merging its product, engineering and commercial operations into Dogecoin Labs, a newly formed entity built with the Dogecoin Foundation, in exchange for a strategic equity stake. The…
X Pay raises $1M to let AI agents pay per API call
X Pay, a payment infrastructure firm that lets AI agents and APIs pay inside a single web request, has raised $1 million. Investors include DCI, Credit Scend, Skyland Ventures, Zerra Ventures, BigBull Capital, ERC20…
Clasp raises $13.25 million in fresh funding for its insurance infrastructure platform
Clasp has raised $13.25 million of a $15.25 million offering, according to a Form D filed with the US Securities and Exchange Commission (SEC) on October 8, 2026. The filing lists a first sale date of September 23,…
Chainreaction raises $449K seed to rewrite how security is priced
Chainreaction, a Chinese offensive-security startup, has raised a seed round of US$412.5K. Investors include threatbook (微步在线) and parties linked to Jing'an Technology. The money will fund research and development, a…
Sweden's Prisjakt lists on Nasdaq First North in $20.7M share sale
Prisjakt, one of the Nordics' leading price-comparison platforms, began trading on Nasdaq First North Premier Growth Market on October 23, 2026. The offering raised approximately US$24.8M, priced at US$3.75 per share…
Orbital Operations lands $35M Pentagon deal, adds $7M seed extension
Orbital Operations has won up to $35 million from the US Department of Defense to fly a full-scale, in-orbit demo of Astraeus, its cryogenic-maneuvering vehicle. The Long Beach, California startup also closed a $7…
Shenzhen drone-swarm maker Dmango eyes IPO after valuation jumps 10x
Shenzhen-based drone-swarm maker Dmango is planning an IPO after completing multiple financing rounds in 2026 that pushed its valuation to nearly 10 times the level at its Series A. A German client has consecutively…
First institutional repo on Stellar runs 72 automated rolls at 3.98%
Ascend Markets and M1X Global have completed what they call the first institutional repurchase agreement (repo) on the Stellar network. The transaction used USDM1, a US dollar-denominated sovereign bond issued natively…
Cegal owner lands $192M debt package to refinance 2027 bonds
Chip Bidco AS, parent of Norwegian technology-services group Cegal, has accepted a commitment letter from Nordea Bank Abp and Sparebank 1 Sør-Norge ASA for a US$217.6M (roughly $192 million) senior secured financing…
Glowcheck wins Hatch grant to build a 'trust layer' for sexual health
Glowcheck, a UK-based digital sexual health verification platform founded by Ifeanyi "Ify" Umezulike, has secured grant funding from startup programme Hatch. The money will fund research, product refinement, and…
China's 3Srobotics debuts welding robots in North America after three funding rounds
Chinese welding robotics company 3Srobotics made its North American debut at FABTECH 2026 in Las Vegas, which opened on October 21 at the Las Vegas Convention Center. At its booth, the company showed its Physical AI…
Mustard Capital launches to modernize $1B-plus capital formation market
Mustard Capital publicly launched on October 20, 2026, a firm aiming to modernize capital formation through investor data, AI-enabled execution, and private market infrastructure. It serves funds, issuers, and sponsors,…
Iceland's Aurora Abalone lands $12M for land-based farming
Aurora Abalone, an Icelandic land-based seafood farmer, has closed a $12 million funding round, the company said in October 2026.
Ex-Nasdaq leader's North House raises $1.01M for governance-doc platform
Swedish regtech startup North House has raised US$1.21M to scale its platform for corporate governance documents. Founder and chief executive officer Julia Haglind, who spent 25 years at Nasdaq, co-founded the company…
Shenwan Hongyuan raises $270M in perpetual bond at record-low 1.78%
Shenwan Hongyuan Group Company has raised US$247.5M through an issue of perpetual subordinated bonds. The deal is the third tranche under a US$4.13B programme approved by the China Securities Regulatory Commission.
Clifford Capital taps debt market as Singapore infrastructure credit demand builds
Singapore's Clifford Capital has raised a debt loan, the specialist infrastructure finance platform confirmed in October 2026. The move extends a run of fundraising activity across the group's lending vehicles.
UK's Cerebella raises £60K to tackle menopause brain fog with cognitive tests
UK startup Cerebella has launched Cerebella Foundations, a self-guided programme that uses cognitive assessments and non-drug interventions to help women manage brain fog during the menopause transition. The company has…
Panda Hub raises $4M to expand its mobile car care marketplace
Toronto-based Panda Hub has raised $4 million in an early-stage venture round to grow its mobile car care marketplace. The company connects customers with detailers who come to their driveway, and plans to use the…
AIIB makes first private-sector bet in Mongolia with $130M green loan to Khan Bank
The Asian Infrastructure Investment Bank (AIIB) has signed a five-year, $130 million senior unsecured green loan to Khan Bank, Mongolia's largest commercial bank. It marks AIIB's first nonsovereign financing and its…
Citicore secures $550M syndicated loan for 900 MWp of Batangas solar
Citicore Renewable Energy has secured a US$0.68-billion (about $550 million) syndicated loan — its largest financing to date — to build five solar projects in Batangas, the Philippines. The post-IPO debt facility comes…
Lux Education buys BookShark, builds homeschool curriculum portfolio
Lux Education has acquired BookShark, the literature-based homeschool curriculum business previously owned by InquisiCorp Corporation, in a transaction that closed on September 25, 2026. Terms were not disclosed.…
FAB raises $272M in MENA's first digital green bond
First Abu Dhabi Bank (FAB) has issued US$255.8M in three-year digitally native green notes, the first digital green bond from the Middle East and North Africa. The notes carry a 5.75% coupon, mature in October 2029, and…
Conduent closes $447M refinancing, pushes debt maturities to 2029
Conduent (Nasdaq: CNDT) has completed a $447 million refinancing, extending its $357 million revolving credit facility through May 2029 and adding $90 million in new commitments from existing bank lenders, including a…
Danish biogas firm Lundsby rescued from bankruptcy by CoreCapital and CIP
Danish private equity firm CoreCapital, alongside Copenhagen Infrastructure Partners (CIP), is acquiring the business of bankrupt biogas developer Lundsby Renewable Solutions. CoreCapital is buying the assets from the…
Midera buys poultry-gear maker Phoenix in its first deal since going public
Midera Food Processing has acquired Phoenix Innovations, an Arkansas-based designer and builder of poultry processing equipment. Terms were not disclosed. Phoenix, based in Russellville, operates at an annual revenue…
House of Doge buys McQueen Labs' tokenization platform to target $51B market
House of Doge (NASDAQ: HODO) has agreed to acquire the tokenization platform and credit assets of McQueen Labs, the companies announced on October 23. Terms were not disclosed. The deal pushes House of Doge into…
Sancode's Philippine OSAT buy: $20.2M for Cirtek Electronics
Sancode Semi Private Limited, a subsidiary of India's Sancode Technologies, has agreed to acquire 100% of Cirtek Electronics Corporation, a Philippine Outsourced Semiconductor Assembly and Test (OSAT) firm, for $20.2…
Dayforce buys AI recruiter Ribbon to automate early-stage hiring
Dayforce has agreed to acquire Ribbon, an AI recruiting startup, to build out an agentic recruiting product inside its workforce platform. The deal value was not disclosed. Ribbon brings conversational AI, interview…
3 E Network raises $5M in private placement led by CEO's entity
3 E Network Technology Group, a Nasdaq-listed B2B IT firm (MASK) building toward AI infrastructure, has agreed to a $5 million private placement of 2,751,789 Class A ordinary shares at roughly $1.8170 each. The buyers…
Obra hires ex-Sculptor compliance chief Kilfoyle as it scales past $8B
Obra Capital has named Colleen Kilfoyle chief compliance officer, adding the former Sculptor Capital Management executive to its senior management team. She reports to chief legal officer Stephen Kirkwood and will lead…
S-Bank secures 97.32% of Oma Savings Bank in €571.4M Finnish banking deal
S-Bank has effectively completed its acquisition of fellow Finnish lender Oma Savings Bank, with the preliminary result of the subsequent offer period lifting its stake to about 97.32% of shares and votes. Shareholders…
NPL wins £230,000 grant to scale trapped-ion quantum chips
The National Physical Laboratory (NPL) has secured a £230,000 grant from the Government Office for Technology Transfer (GOTT) to develop next-generation trapped-ion quantum computing technologies. The money targets one…
Info Edge puts $527K back into Bijnis after 2023 write-off
Info Edge 's wholly owned subsidiary, Startup Investments (Holding) Ltd, has agreed to invest about US$679K (≈$527,000) in B2B marketplace Bijnis via Series B2 compulsorily convertible preference shares. The subsidiary…
UK launches £2B Energy Wealth Fund to turn North Sea revenues into clean power
The UK government has announced a £2 billion Energy Wealth Fund to channel tax revenues from North Sea oil and gas into renewable and low-carbon energy projects. Chancellor John Healey unveiled the fund on October 21,…
Garanti BBVA raises €400M in first DPR deal since 2019
Garanti BBVA raised €400 million from international markets through a diversified payment rights (DPR) financing tied to its current and future foreign-currency payment orders. The deal carries maturities of 1,907 and…
EBRD takes up to $221M stake in Scatec's Egypt renewables push
The European Bank for Reconstruction and Development (EBRD) is taking an equity stake of up to $221 million in Egypt Renewables Holdings B.V., an investment vehicle set up by Norway's Scatec ASA. The money will fund…
UBTECH to take control of Fenglong Shares in buyout, stock hits daily limit
UBTECH Robotics is acquiring control of Zhejiang Fenglong Electric (Fenglong Shares), a Chinese maker of garden machinery and auto parts. On December 24, 2025, Fenglong's controlling shareholder agreed to transfer…
Foxconn pours $1.2B into Singapore, France, and Czech units
Hon Hai Precision Industry — the Taiwan-based electronics giant known as Foxconn — approved more than $1.2 billion in share acquisitions across three subsidiaries in Singapore, France, and the Czech Republic. Its board…
Alcazar lands €390 million in debt for 500 MW of Egyptian wind
UAE renewable energy investor Alcazar Energy Partners has secured €389.8 million ($437 million) in loan financing to build two wind farms in Egypt. The Niat and Rasgha projects will add a combined 500 MW of installed…
Fairstone acquires Somerset advice firm managing £125M in assets
Fairstone, the Sunderland-headquartered wealth management group, has acquired 1st Financial Group, a financial advice firm based in Taunton, Somerset. The deal value was undisclosed. 1st Financial will be rebranded as…
LiveMore raises £212M in third mortgage-backed securitisation
LiveMore, a specialist mortgage lender for people aged over 40, has completed a £212 million social bond securitisation named Exmoor Funding 2026-1. It is the UK lender's third residential mortgage-backed securitisation…
Squirrel Media takes 85.3% of Chile's Comercializadora BF in Latam push
Squirrel Media has bought an additional 34.25% stake in Comercializadora BF, a Chilean film and audiovisual content distributor, lifting its holding from 51.05% to 85.3%. The Spanish group did not disclose the price.
Smoltek lands $202,000 grant to apply nanofiber tech to batteries
Smoltek Nanotech Holding has been awarded about US$241.8K (≈$202,000) in grant funding from the Swedish Energy Agency to develop next-generation battery technologies. The money splits into a direct US$60.4K grant and…
Nanologica launches $11.2M rights issue to fund North America, Europe push
Swedish nanotechnology firm Nanologica has resolved on a partially guaranteed rights issue of about US$13.4M (roughly $11.2 million), with an oversubscription option for an additional US$1.21M. The post-IPO equity raise…
Orana lands $6M to process East African fruit locally
Danish fruit-processing company Orana has raised $6 million (US$5.87M) in growth equity from Impact Fund Denmark to fund an expansion into Uganda and Kenya.
Core4 Engineers targets $5.77M in BSE SME listing
Core4 Engineers opened its initial public offering (IPO) on October 23, aiming to raise US$7.44M through a fresh issue of 5,894,400 shares. The engineering firm priced the offering at US$1.2–US$1.26 per share and will…
EIB backs €125M bond to fund Italian SMEs
The European Investment Bank (EIB) has fully subscribed a €125 million covered bond issued by BCC Banca Iccrea, channelling fresh financing to small and medium-sized businesses across Italy. The money will flow through…
IFC commits up to $20M to expand Argentine university Siglo 21
The International Finance Corporation (IFC) has agreed to a debt facility of up to $20 million for Universidad Siglo 21 to build two sustainable campuses in Argentina's Córdoba province. The IFC, a member of the World…
Trump says Bombardier to invest $270M across three US states
President Donald Trump said on Thursday that Canadian jet maker Bombardier is investing $270 million in the United States. In a Truth Social post, he said the investment will create thousands of American jobs in Kansas,…
Marley Spoon lifts bridge loan to €11.7M as refinancing slips to March
Marley Spoon has increased its bridge financing from Runway Growth Finance from €8.1 million to up to €11.7 million, giving the meal-kit company more room to fund its restructuring. The extra cash is earmarked for…
eQ to buy Nordic real estate manager Genesta for up to €15.5M
Finland's eQ Plc has signed an agreement to acquire the entire share capital of Genesta Property Nordic, a Nordic real estate asset manager, for a maximum debt-free value of €15.5 million. The price comprises an €11.5…
Synovus and Pinnacle close $8.6B merger, reshaping Southeast banking
Synovus Financial has merged with Pinnacle in an $8.6 billion deal that creates a larger Southeast banking player. The combined company now ranks No. 4 in Atlanta deposits at $17.1 billion and No. 1 in Nashville.
Malaysia's KEB prices ACE Market IPO to raise $11.9M for the company
Malaysian property developer KEB Bhd has priced its initial public offering at 35 sen per share, ahead of a listing on Bursa Malaysia 's ACE Market on November 16. The company will raise US$11.6M, while existing…
Renshuo Optoelectronics raises $15M Series B for perovskite solar push
Renshuo Optoelectronics, a Suzhou-based solar technology company, has closed a Series B round of US$13.8M, fully settled, led by the Jiangsu Strategic Emerging Industries Fund.
Malaysia Aviation Group lands $75M trade finance facility from Citi
Malaysia Aviation Group (MAG) has secured a US$75 million structured trade finance facility from Citi to support its supply chain operations and working capital across Asia.
Ramp buys treasury platform Vesto after $1.85B raise
Expense management fintech Ramp has acquired Vesto, a New York-based treasury management platform, for an undisclosed sum. Vesto, founded by Benjamin Döpfner in 2022, gives businesses a single dashboard to view all…
Victoria doubles women-led startup fund with $7.02M top-up
LaunchVic has raised US$6.47M (around $7.02 million) for Alice Anderson Fund II, doubling the size of its venture capital vehicle that co-invests in startups founded and led by women. The money comes from Victoria's…
Lycia Therapeutics raises $318M in upsized Nasdaq IPO
Lycia Therapeutics, a clinical-stage biotech developing drugs that degrade disease-causing extracellular proteins, priced an upsized initial public offering of 17,640,000 shares at $18 each. The offering is expected to…
Growthware raises $1M pre-seed, launches its Growth Operating System
Texas-based Growthware has raised $1 million in a pre-seed round and launched its Growth Operating System, a platform that unifies business operations, customer engagement, and payments. The company announced both the…
Zoono raises $176,000 to fund food shelf-life push into Asia
Zoono Group (ASX: ZNO) has raised US$161.8K (≈$176,000) through a share placement to an existing shareholder, providing working capital as the antimicrobial technology company commercialises its food shelf-life…
Solar marketplace Otovo raises $3 million to fund US listing and M&A
Otovo, a Norwegian solar energy marketplace listed on Euronext Oslo Børs, has raised US$3.38M through a private placement and retail offering. The company allocated 3,500,000 new shares at US$0.97 each. Settlement is…
Italy's Everli clears SPAC merger, heads to Nasdaq as EVRL
Melar Acquisition Corp. I (Nasdaq: MACI), a special purpose acquisition company, said its shareholders voted on October 22, 2026, to approve a merger with Everli Global Inc. The combined company will operate as Everli…
Vimy Pharma raises US$10.6M as it moves to go public via reverse takeover
Vimy Pharmaceuticals has closed a brokered private placement for aggregate gross proceeds of US$10.7M, issuing 4,846,354 subscription receipts at $3.00 each. The raise came in two tranches, the second of which added…
MDA grants Long Wall $75M to flight-test low-cost interceptor
The Missile Defense Agency (MDA) awarded California-based startup Long Wall $75 million to complete flight testing of its Cyclops midcourse defense interceptor, the company said Thursday. The grant funds the final step…
Rippling's Parker Conrad says California's billionaire tax would force him out, turning Prop 40 into a fight over founder liquidity
Rippling co-founder and CEO Parker Conrad has become the loudest founder voice against California's Proposition 40, the one-time billionaire wealth tax on the 3 November ballot. Replying to Congressman Ro Khanna on 22…
Cervinvest takes minority stake in luxury data firm CXG
Cervinvest Capital 's lower mid-cap fund, Cervinvest Scale, has acquired a minority stake in CXG, a consultancy offering data-based tools for premium and luxury brands. The deal, announced October 21, 2026, was…
Rivian buys London's Third Dimension, a 15-person world-model startup, to build its robotaxi simulator
Rivian has acquired Third Dimension, a London startup that uses AI to turn images and video into lifelike 3D worlds, TechCrunch reported on 22 October. Terms were not disclosed. The 15-person team, most of whom are…
Grupo RBS buys 51% of OOH firm Imobi, entering outdoor advertising
Grupo RBS, the largest media group in Brazil's Rio Grande do Sul state, has acquired a 51% controlling stake in Imobi, a Porto Alegre-based out-of-home (OOH) advertising company. The transaction, led by RBS Ventures,…
RhymeQ raises $2.2M to let Python developers program quantum computers
RhymeQ, a German-Swiss startup, has raised $2.2 million in pre-seed funding to let software engineers program quantum computers using standard Python. Ground State Ventures led the round, with Vanagon Ventures, Plug and…
Serial founder raises pre-seed for AI that spots UK building projects before they start
Atlian, a UK startup that uses AI to identify construction projects at the planning stage and connect them with insurance brokers, has raised a pre-seed round. Fuel Ventures led, joined by SyndicateRoom's Access EIS,…
Argon Management buys Swiss-German sealing group Vistona in buy-and-build push
Swiss investment firm Argon Management has acquired three building-sealing companies — vistona experts ag and waprotec ag in Switzerland, plus vistona gmbh in Germany — to form the Vistona Group. The deal value was not…
Eneva closes $72.6M asset swap, exits coal and takes full control of Hub Ceará
Eneva said on October 21 it completed an asset swap with Diamante Geração de Energia, transferring 100% of coal plant Itaqui Geração de Energia and taking full control of its Hub Ceará gas infrastructure in Ceará,…
Japan's ikkaq fills $190,000 EV mobility fund in six days
Osaka-based ikkaq co., ltd. hit 100% subscription on its fourth fund, the ELEMOs Next-Generation Four-Wheel Mobility Fund, raising its US$230.8K (≈$190,000) target in six days. Opened on October 16, 2026, the fund…
Kyobo Securities raises $253M to chase comprehensive investment-bank status
Kyobo Securities is raising US$251.5M through an issue of redeemable convertible preferred shares (RCPS), its board approved on October 22. The proceeds will fund working capital and, the firm says, strengthen its core…
Aldebaran, Bpifrance take majority of French precision-machining firm Carveam
Aldebaran Capital Partners, backed by French public investor Bpifrance, has acquired a majority stake in Carveam Group, a French maker of precision-engineered mechanical components for aerospace, defence, and industry.…
Aerodrome and Velodrome merge into Aero, a single DEX across seven chains
Decentralised exchanges Aerodrome and Velodrome have merged into Aero, a single protocol trading across seven blockchain networks under one AERO token. The combined exchange launched on October 21, 2026, spanning Base,…
Türkiye's top waste-to-energy platform ITC sold to Re-Pie Asset Management
Re-Pie Asset Management has acquired ITC, Türkiye's largest integrated waste management and waste-to-energy platform, for an undisclosed sum. Oaklins ' Türkiye team acted as exclusive sell-side adviser to ITC's…
Euston Ventures buys United Silicones to deepen silicone manufacturing push
UK-based Euston Ventures has acquired United Silicones through its portfolio company Bordon Industries, in a deal completed on 6 May 2026. The price was not disclosed.
Terminal buys Stationed AI to take forward-deployed engineers downmarket
Terminal, a platform for hiring AI-fluent software engineers across 180-plus countries, has acquired Stationed AI to launch a services division called Terminal AI. The deal was announced in October 2026; terms were…
Afore Capital raises $185M fund to back founders before they have an idea
Afore Capital, a venture firm that calls itself the largest investor focused solely on pre-seed startups, has raised a $185 million fourth fund. It comes with a new strategy the firm calls "pre-seed 2.0," built around…
Turkey's Desi Kimya buys UK corrosion-packaging specialist Technology Packaging
Turkish firm Desi Kimya has acquired Technology Packaging, a Middlesex-based specialist in corrosion prevention and protective packaging. Terms were not disclosed.
Deetken Impact raises $100M first close for Latin America climate fund
Canadian impact investor Deetken Impact has reached a $100 million first close for its Inclusive Climate Action Fund (ICAF), which will finance clean energy, green finance, and sustainable agriculture projects across…
Hollywood-backed AI studio Collage launches with seed round led by Black Bear, Jimei
Collage, Inc., an AI production management company, has launched in Los Angeles with a seed round led by Black Bear Pictures and China's Jimei Pictures, which is also a co-founder. The round was reported by Variety and…
Tongze Kangwei lists on Shenzhen ChiNext, raising $147M
Guangzhou Tongze Kangwei Technology listed today on the Shenzhen Stock Exchange's ChiNext board, raising US$134.7M (roughly $147 million). The communications equipment developer trades under the ticker 301718.
Ventoá buys 30% of legaltech Factum IA to chase stalled court debts
Brazilian investment firm Ventoá has acquired a 30% stake in Factum IA, a legaltech that uses artificial intelligence to trace debtors' assets in judicial disputes. The deal valued the startup at an enterprise value of…
M2X Energy files to raise $239M for methane-to-fuel conversion
M2X Energy has filed a notice with the US Securities and Exchange Commission to raise up to $238,800,000 in new funding. The filing, dated October 2026, flags an exempt offering under Regulation D.
Eguana raises US$341K in debentures to escape its cease trade order
Eguana Technologies (TSXV:EGT) has raised US$341K (≈$332,000) in the first tranche of a subordinated secured convertible debenture financing. The Calgary-based maker of residential and commercial energy storage systems…
Berger Financial Group opens Minnetonka office amid $3B acquisition run
Berger Financial Group, a Plymouth-based wealth manager, is opening a new office in Minnetonka to house 40 employees. The move follows a steady run of acquisitions that has reshaped the firm.
Oriental Land's venture arm backs rural tourism startup Zukutochie
Oriental Land Innovations Co., Ltd. has invested in Zukutochie, a Japanese startup that plans, develops, and operates resort facilities. The deal was announced in October 2026 as growth equity.
China Great Wall Securities raises $165M in two-tranche bond issue
China Great Wall Securities has raised US$151.3M through a two-tranche corporate bond issue, the brokerage said. It is post-IPO debt financing, not an equity round.
a16z renames its $10B crypto fund to a16z Frontier, widens scope beyond crypto
Andreessen Horowitz is renaming its flagship crypto fund a16z Crypto to a16z Frontier, expanding its mandate beyond digital assets into what it calls "frontier startups." The venture firm said the move is an expansion,…
CAF raises $2B in its largest-ever dollar bond after Moody's upgrade
Corporación Andina de Fomento (CAF), the Development Bank of Latin America and the Caribbean, has raised $2 billion through 4.75% senior unsecured notes due 2031. Goldman Sachs, Nomura, Credit Agricole, HSBC and…
Helion adds $50M private investment alongside $175M federal chip award
Fusion startup Helion Energy has raised $50 million in a late-stage private round, announced October 22, alongside a $175 million federal award from the US Department of Commerce to develop advanced semiconductors for…
Avel eCare lands $1.36M state grant to put more telehealth in South Dakota ambulances
Avel eCare has received a $1,360,983 Rural Health Transformation Program grant from the South Dakota Department of Health to expand virtual EMS technology through the state's Telemedicine in Motion program.
China's game makers chase AI and robots with $1.13B tech fund
Lisi Capital has closed its Tianjin Lisi Xingshen Equity Investment Partnership, a private equity fund of US$1.03B. Perfect World, one of China's largest game publishers, disclosed on October 21 that it had subscribed…
Barcelona's Masia closes €18M debut fund, opens founder hub
Masia, a Barcelona-based venture capital firm, has closed its €18 million debut fund to back early-stage AI and frontier tech startups tied to the city. The firm, founded in 2025 by Carlos Trenchs and Pepe Borrell, has…
Formic raises $50M to scale robots-by-the-hour for US manufacturers
Formic, a Chicago-based Robots-as-a-Service provider, has raised $50 million in financing, chief executive officer Saman Farid told Axios. The company installs and maintains factory automation—mainly palletizing and…
KOTUG buys majority of Dubai's Vortex Offshore in Middle East push
Rotterdam-based KOTUG has acquired a majority stake in Vortex Offshore, a Dubai offshore maritime services provider, the companies announced in October 2026. Terms were undisclosed. Advisory firm JBR ran the sale…
Houston oil firm's $40M London IPO makes case for smaller-cap listings abroad
Houston-based 1947 Oil & Gas completed a $40 million IPO on the London Stock Exchange in late September, at a valuation of roughly $100 million. The listing is small by US standards but positions London as an option for…
Sperri lands $246,000 grant in NPC's $1M bioeconomy tranche
Sperri secured a US$252.7K (roughly $246,000) grant from Natural Products Canada (NPC), part of a broader $1,016,330 investment the organisation announced across five early-stage Canadian companies in October.
Kailian Capital's 2021 bet on China's DRAM champion ChangXin pays off after IPO
Kailian Capital invested US$30.9M (≈$33.7 million) in ChangXin Memory Technologies, a Chinese DRAM chipmaker, in a late-stage venture round disclosed in February 2022. The deal valued ChangXin at US$14.8B post-money.…
Geneva’s FIF grants $122,000 to AI epilepsy tool dEEGtal
dEEGtal, a Geneva-based startup building AI software for EEG analysis, has received a US$91.7K FIF Seed Tech grant. The award is one of four handed out by the FIF, the Canton of Geneva’s innovation financing programme,…
Malta family office TIVEN buys VPP pioneer sonnen from Shell
TIVEN, a family office investment group based in Malta and Germany, has acquired 100% of sonnen, the residential battery storage and virtual power plant (VPP) maker, from Shell. Terms were not disclosed.
Partners Group raises $510M insurer feeder for evergreen private credit
Partners Group has closed a $510 million rated feeder vehicle for its private credit evergreen strategy, its second such financing of 2026. The capital came from a group of US-based insurance companies that invested in…
Turkey's Arke Telekom raises €1 million for jam-proof drone comms
Ankara-based Arke Telekom has raised €1 million in an early VC round led by ACT Venture Partners. The company develops defence and communications technology, and said it will use the funds to take its ArkeLink product…
Sun Pharma falls short of $824M bond target as investors demand higher yields
Sun Pharmaceutical Industries raised 78.16 billion rupees (about $824 million) through a post-IPO debt sale, missing its 100 billion rupee target, three merchant bankers told Reuters. India's largest drugmaker by market…
Excellera buys Brussels firm Fourtold, pushing revenue past €80M
Excellera, the Milan-based corporate affairs group, has acquired Fourtold, a Brussels public affairs and policy communications consultancy, for an undisclosed sum. Fourtold operates in Brussels since 2018 and is a…
Swiss venture studio FOOD FOUNDERS raises €4M to build foodtech on industry demand
FOOD FOUNDERS Studio, a Zurich-based venture studio that builds B2B food and beverage technology companies, has closed an oversubscribed €4 million round. The round was backed by family offices and angel investors, and…
AfDB backs AFG Bank Cameroun with €40M trade finance facility
The African Development Bank Group has approved a €40 million ($45 million) debt facility for AFG Bank Cameroun to expand access to trade finance for local businesses. Its board signed off on October 21, 2026.
Israel weighs up to US$255.8M fusion push as data-centre demand strains the grid
Israel's Energy Ministry has recommended a long-term government investment program in nuclear fusion research, with its preferred option allocating US$127.9M to US$255.8M (roughly $140–280 million) over five to seven…
Zhipu teams with local government capital on $150M physical-AI fund
Chinese large-model developer Zhipu AI has joined with Jiangmen Ventures, QuantGroup, and other investors to establish a US$137.5M (roughly $150 million) venture capital fund targeting China's physical-AI ecosystem. The…
Release Therapeutics lands ~$609K Swiss grant for rare-disease implant
Geneva-based Release Therapeutics has won a US$458.3K (roughly $609,000) Innovation Project grant from Innosuisse, the Swiss Innovation Agency. The non-dilutive funding, awarded with the University of Geneva's Faculty…
a16z: Why specialized chips are making a comeback in the AI era
a16z 's Zain Asgar argues that hardware specialization is returning as AI workloads force the chip industry to rethink computing. The piece revisits a 30-year-old debate — general-purpose chips versus specialized ones —…
AQR brings its factor-based alternatives to UCITS with new market-neutral fund
AQR Capital Management has launched the AQR Market Neutral Styles UCITS Fund, an alternative vehicle built to deliver returns with low correlation to broad markets. It began operating on October 20, 2026. The fund draws…
Vietnam's 'Say Hi' producer DatVietVAC lists on HOSE after $21.9M IPO
DatVietVAC Group Holdings, the Vietnamese media company behind hit shows like "Anh trai say hi" and "Rap Việt," will begin trading on the Ho Chi Minh City Stock Exchange (HOSE) on November 2, 2026. The listing of…
Cement maker Molins launches corporate VC arm, targets €5M over three years
Cementos Molins has made the first investments through Molins Ventures, its new corporate venture capital arm. The Spanish building-materials group backed Barcelona-based Methanol Reformer directly and committed to…
Huawei lands $2.25B loan, among the largest-ever China debt raises
Huawei has secured a US$2.06B (≈$2.25 billion) loan from Chinese banks, a person familiar with the matter told Bloomberg. The seven-year offshore facility is earmarked for general corporate purposes.
Rebel Foods hands co-founders $20M in fresh ESOPs ahead of IPO push
Cloud kitchen operator Rebel Foods has approved a fresh employee stock option (ESOP) grant worth about US$23.1M to its five co-founders. The board cleared 25.36 lakh options at an exercise price of US$9.1 each,…
Visma takes 78% of Hamburg's pathway solutions, full buyout set for 2027
Norwegian software group Visma is acquiring a majority stake in pathway solutions, raising its holding in the Hamburg-based e-commerce accounting startup from 33% to 78%. Visma plans to acquire the remaining shares and…
The Lede Company buys London's Aisle 8, names founder Winslade president of brand
The Lede Company has acquired London public relations agency Aisle 8 for undisclosed terms, and founder Lauren Winslade will join as president of brand. The deal, announced in October 2026, folds Aisle 8's 21-person…
Swami Agri raises $52.2M in first farm green bond for WAEMU market
Senegalese agricultural producer Swami Agri has raised US$50.3M through a five-year green bond to fund solar power and cold storage. The African Local Currency Bond Fund (ALCB Fund), managed by Cygnum Capital, anchored…
NVIDIA backs six chip suppliers in $279B push to break AI capacity bottleneck
NVIDIA announced at GTC Berlin on October 21 that it will fund six supply chain partners to expand manufacturing capacity across semiconductor substrates, advanced packaging, testing, and optical engines. The partners…
Hanwha opens Impulse Space's $5.4B valuation to Korean institutions
Hanwha Asset Management has set up the Impulse Space Project Fund, a venture capital vehicle backed by four South Korean institutions, to invest in US space company Impulse Space. The firm did not disclose the fund's…
Korea's Yeonggwang prices IPO at band top, raising ~$29M
Energy and environmental engineering firm Yeonggwang set its IPO price at US$14.3 per share, the top of its US$11.7–US$14.3 range, the company said on October 21. The offering of 2.26 million shares raises US$32.2M…
Colombia's Bold raises $11.7M debt line from BBVA Spark to expand merchant lending
Colombian fintech Bold has secured a 37,450,000,000 Colombian peso debt facility — roughly $11.7 million — from BBVA Spark, the venture arm of the Spanish bank. The company will use the money to expand lending to micro,…
Anthropic launches Claude Duet, a proactive agent app taking on Meta's Muse and OpenAI's Dots
Anthropic opened a research preview of Claude Duet on October 21, 2026: a standalone app in which Claude works as a proactive agent. Instead of waiting for prompts, it sends a short morning brief on what matters across…
Axcelis breaks ground on $35M Korea plant next to Samsung's P5 chip campus
Axcelis Technologies, a Beverly, Massachusetts maker of ion implantation equipment, broke ground on October 20 on a $35 million manufacturing facility in Pyeongtaek, South Korea. The 18,600m² plant will add warehousing,…
China Taiping gets $1.05B state injection, lifting finance ministry stake to 91.9%
China Taiping Insurance is receiving a US$962.5M capital injection from its sole funder, China's Ministry of Finance. The move lifts the insurer's registered and paid-in capital from US$3.72B to US$4.27B.
France's N4 Group raises €33.1M in Euronext IPO at €267M valuation
N4 Group, a French family-owned fitness, sports nutrition and wellness company, raised €33.1 million in its initial public offering on Euronext Growth Paris. The offer was priced at €23.81 per share, giving the group a…
Recursive debuts Flint, a laptop coding model it says AI largely built
Recursive on Wednesday released Flint, a free coding model that runs on a laptop and was built largely with the help of AI. The startup says its automated research system, the Eureka Machine, contributed to nearly every…
UK government arm buys $15M stake in Kenya's Quickmart via IPO
The UK's Foreign, Commonwealth & Development Office is buying a 6.5% stake in Kenyan supermarket chain Quickmart for Sh1.94 billion ($15 million) through the retailer's initial public offering. It will purchase 260…
Italy's Biogenera raises €667K on CrowdFundMe, eyes Euronext listing
Italian biotech Biogenera has raised €667,469 (about $749,517) in a growth equity round through equity-crowdfunding platform CrowdFundMe, clearing its €249,984 minimum. The campaign, which closes October 26, values the…
Nuclear and energy funds back cryogenics maker Ziming in new round
Zhejiang Ziming Cryogenic Technology, a maker of hydrogen valves and cryogenic refrigeration equipment, has closed a new funding round, announced in October 2026. Backers include CNNC Science and Technology Innovation…
ODATA bets $630M on liquid cooling to make Latin America AI-ready
ODATA, an Aligned Data Centers company, is deploying DeltaFlow liquid cooling at its SP04 campus in Brazil and QR03 campus in Mexico, backed by a US$630 million first-phase investment. Installation and testing are…
EigenQ layers on $5M in unsecured notes ahead of $3B SPAC listing
EigenQ has agreed to a subordinated unsecured note financing of up to $5 million in principal with a special purpose investment vehicle, according to a Form 425 filed by Silicon Valley Acquisition Corp. (SVAQ) on…
MISUMI launches $2M Imprint Foundation to widen the manufacturing talent pipeline
MISUMI Americas has launched the MISUMI Imprint Foundation with a $2 million seed investment to fund engineering education, robotics programs, and industry–academia partnerships across the US. It is the first corporate…
OpenAI backs Coherence Neuro's $45M bet on cancer-detecting brain implants
OpenAI 's venture arm has backed Coherence Neuro, a startup developing brain implants that aim to detect — and potentially treat — brain tumors. The investment came as part of a $45 million seed round, which Founders…
Falfurrias merges IDS and RED Group into new industrial automation platform
Falfurrias Management Partners is combining control systems integrator Industrial Design Solutions (IDS) and operational technology engineering firm RED Group into a new industrial automation platform. Carl Fangue,…
Ukraine's Fire Point lands $113M Danish state-backed loan for missile-fuel plant
Ukrainian drone and missile maker Fire Point secured a 750 million-kroner (≈$113 million) state-guaranteed loan from Denmark to fund production at its subsidiary in southern Denmark. The financing runs through EIFO,…
AceVector's $44.4M IPO lists at an 11.5% discount despite 5x demand
AceVector raised US$57M (about $44.4 million at current exchange rates) in its initial public offering of equity shares, which listed on October 5, 2026. The issue combined a US$39M fresh issue with a US$18.1M offer for…
Psyence BioMed completes $2.6M PsyLabs investment as ibogaine milestones are met
Psyence Biomedical (Nasdaq: PBM) has completed a US$2,599,896 late-stage investment in Psyence Labs (PsyLabs), after both milestones tied to its backstop subscription commitment were achieved. The round values PsyLabs…
Vintage raises $920M and will back fewer VC funds as venture money concentrates and secondaries boom
Vintage Investment Partners, the Israeli-founded venture fund-of-funds and secondaries investor, has raised $920 million in new capital, lifting its assets under management above $4.8 billion. Founded in 2003, Vintage…
Penta launches healthcare property fund backed by CZK 3B seed portfolio
Penta Investments has launched the Penta Healthcare Infrastructure Fund, which targets hospitals, clinics, and other medical real estate. The fund opens with a seed portfolio of 22 properties in the Czech Republic…
YatriKart lands US$16.3M to roll out 1,000 transit stores
Transit retail chain YatriKart has signed a US$16.3M deal with MMG Group to open 1,000 quick-stop convenience stores across India over five years. The first phase targets 100 stores across Delhi's national capital…
Banco24Horas owner raises $106M in debt to fund shared-banking push
Tecban, the Brazilian company behind the Banco24Horas ATM network, has raised US$136.9M (around $106 million) in a debenture issue backed by Bradesco BBI and UBS BB. Priced at CDI plus 1.38% over five years, it marks…
BGF backs Edinburgh's Harley Haddow in multi-million-pound growth deal
BGF has completed a multi-million-pound minority investment in Harley Haddow, an Edinburgh-based engineering consultancy. The capital will fund the firm's expansion through organic growth and selective acquisitions.
Edelweiss unit EAAA sets $127M IPO at $1.1B valuation, opens October 26
EAAA India Alternatives, the alternative investment arm of India's Edelweiss group, has fixed a price band of US$21.5–US$22.6 per share for its US$163M IPO. The issue opens on October 26 and closes on October 28,…
Celesc lands $243M IDB loan for Santa Catarina grid upgrade
Brazilian utility Celesc has secured a $243 million post-IPO debt loan from the Inter-American Development Bank (IDB), approved on October 1, 2026, to fund grid upgrades through its distribution subsidiary. Celesc is…
PropertyGuru ex-CEO's health startup Genie raises $3M seed
Genie Health, a Singapore AI healthtech startup founded by former PropertyGuru chief executive Hari Krishnan, has raised US$3 million in seed funding. The round included Temasek -backed venture studio Liminal. The…
KB Asset Management launches fund tracking Korea's 12 strategic industries
KB Asset Management has launched the KB Korea Advanced Strategic Industries Fund, a listed-stock product investing in growth companies across semiconductors, AI, defense and other sectors the South Korean government has…
Kazakhstan seeds $20M fund-of-funds under World Bank AI programme
Alem Capital Management will manage a $20 million fund-of-funds to back growth-stage startups in Kazakhstan. The vehicle sits inside the World Bank 's $75 million ALEM project, approved on September 30 to develop the…
Telecentro buys fiber rival Iplan for $260M in Argentine telecom consolidation
Argentine telecom operator Telecentro has acquired Iplan for $260 million, confirming a deal that adds more than one million homes to its fiber-optic network. The purchase also extends Telecentro's reach into cities…
Urban and Caldeira OTC merge to combine crypto and cross-border payments in Brazil
Crypto infrastructure and international payments firm Urban is merging with Caldeira OTC Group, an institutional crypto trading desk, the companies announced on October 19. The combined business will keep the Urban…
iFood buys benefits startup Caju in its biggest-ever deal
Brazilian delivery company iFood has agreed to acquire corporate-benefits startup Caju, which serves more than 70,000 companies and 1.3 million workers. The value was not disclosed, though UOL reports a market valuation…
IBM Ventures backs enterprise agent startup Leena AI
Leena AI, a New York enterprise agentic AI company, has secured a strategic investment from IBM Ventures, the venture arm of IBM. Terms were not disclosed. The funding joins existing backers Greycroft and Bessemer…
Beltone launches $9.17M fund to target Egypt's IPO wave
Beltone Asset Management, a subsidiary of Beltone Holding, has launched B-Torohat, an actively managed equity fund targeting an initial size of 500,000,000 EGP (about $9.17 million). It gives investors exposure to IPOs,…
M Core takes full ownership of Smart Media Group, names new CEO
M Core has acquired full ownership of UK digital out-of-home (DooH) operator Smart Media Group, buying out founder Mark Catterall and other founding shareholders. M Core first invested in Smart in July 2024 and is now…
Rebels Ventures backs Canal Foco, a YouTube studio chasing US$25.6M by 2028
Canal Foco, a Brazilian digital entertainment company founded in 2023, has raised an early-stage round from Rebels Ventures, the investment firm of Reserva founder Rony Meisler. The amount was not disclosed.
IASOL co-founder César Gimeno buys out company in full to chase solar growth
César Gimeno, co-founder and director general of Spanish solar company IASOL, has acquired 100% of the firm. The Zaragoza-based company called the move a shareholder reorganisation that opens a new growth phase in…
IndiQube to invest $3.69M for up to 49% in office developer SaiEdge
IndiQube Spaces' board has approved an investment of up to US$4.75M to acquire up to a 49% stake in SaiEdge Realty. The listed Bengaluru coworking company intends to lease the commercial offices SaiEdge develops once…
Ex-OpenAI leaders launch defense startup Arda at $1.5B valuation
Arda, a defense startup founded by former top OpenAI employees, has raised capital at a $1.5 billion valuation, led by Altimeter Capital. Chief executive officer Bob McGrew said the company plans to use AI to streamline…
Infinity Power, HAU Energy land $566M debt for Africa's largest solar plant
Infinity Power and HAU Energy have secured a debt package of up to $566 million to build the Nefer Minya solar project in Minya, Egypt. The European Bank for Reconstruction and Development (EBRD) led the financing,…
China's tech giants order $35B in Nvidia chips — and Nvidia can't deliver
ByteDance, Alibaba, and Tencent have collectively ordered more than $35 billion worth of Nvidia 's RTX Pro 5500 GPUs, one of the most powerful chips still compliant with US export controls, according to Reuters. Nvidia…
Huawei engineers move into DeepSeek's offices as China builds its own lab-plus-chipmaker answer to Nvidia
What's going on? DeepSeek is working closely with Huawei to shape the design of Huawei's future Ascend AI chips, The Information reported on 19 October, citing two people familiar with the matter. Huawei engineers, some…
Paidax raises $1M to widen retail investing across Central Asia
Paidax, a Central Asia-based digital investment platform, has raised $1 million in an early-stage round led by DOMiNO Ventures, with Philip Capital, White Hill Capital, and Aloqa Ventures also participating. The…
Suzhou Dongshan raises $1.84B in Hong Kong IPO, below expectations on US trade fears
Suzhou Dongshan Precision Manufacturing raised about US$1.49B in its Hong Kong initial public offering (IPO), below the $2 billion to $3 billion analysts expected a week earlier. The Chinese printed circuit board maker…
Baiduri prices debut $219M overseas bond as Golomt lands $50M loan
Brunei's Baiduri Bank has priced its first international bond, raising US$205.3M in debt. On the same day, Mongolia's Golomt Bank secured a separate $50 million development finance loan.
Emirates NBD, BlackRock expand UAE fund platform to retail investors
Emirates NBD Asset Management and BlackRock have launched two income-focused funds, the FundStar Emirates CLO AA Fund and the Emirates Systematic Income and Growth Fund. Both open the pair's investment platform to a…
Neo lands €126M EU grant for Estonian rare-earth magnet scale-up
Neo Performance Materials has been selected for an EU Innovation Fund grant of up to €126 million ($141 million) to expand its rare-earth magnet operations in Estonia. The company, listed on the Toronto Stock Exchange,…
monday.com's AI makeover is quietly pushing managers out
monday.com posted second-quarter revenue of $364.6 million, up 22% year over year, as it reshapes itself from a work-management software maker into an AI platform. The transition is reaching senior leadership, with five…
Google Cloud falters in London as Revolut goes dark across Europe
Multiple Google Cloud services went down in the provider's London region on October 20, 2026, according to its service status page, while British digital bank Revolut separately reported an outage hitting sign-ins,…
Israel's military creates dedicated Space Division
The Israel Defense Forces (IDF) is establishing a Space Division under its Planning Directorate, consolidating military projects involving orbital sensors and space-warfare technologies. The move formalises space as a…
Amazon to fund 960-MW nuclear project at retired Indiana coal site
Amazon, X-energy, and American Electric Power (AEP) have signed an agreement to explore building 12 small modular reactors (SMRs) at a former coal plant in Indiana. The project targets 960 megawatts of carbon-free power…
DeepSeek open-sources its serving engine and reveals $38 of revenue per GPU-hour, an anchor for cheap Chinese tokens
What happened? DeepSeek has open-sourced DeepInfer, the inference framework that runs its own production API, under an Apache 2.0 licence, along with deepseek-recipe, the token encoding layer behind its official API.…
Sri Lanka's HLAB venture fund targets $9.06M to scale local startups
Startup incubator Hatch, the Lankan Angel Network, and BOV Capital have launched HLAB, a venture fund targeting LKR 3 billion (roughly $9.06 million) to back early and growth-stage companies incorporated in Sri Lanka.…
Truist sells LightStream to Carlyle in $7.7B exit as GAAP profit halves
Truist Financial has agreed to sell roughly $7.7 billion of unsecured consumer loans — substantially all of its LightStream platform — to private equity firm The Carlyle Group. The Charlotte-based bank signed the…
First Digital to go public via SPAC merger in down round from $400M peak
Stablecoin issuer First Digital has agreed to merge with CSLM Digital Asset Acquisition Corp III, a special purpose acquisition company (SPAC), to list on Nasdaq. The companies signed a definitive agreement on October…
Harmoniz buys Dutch tomato breeder HW Seeds to deepen flavour focus
Israel-based seed company Harmoniz has acquired HW Seeds, a Dutch tomato breeding house based in Winschoten, the companies announced on October 7, 2026. Terms were not disclosed.
Hologic to acquire Spain's Reveal Genomics to widen breast-cancer diagnostics
Hologic has signed a definitive agreement to acquire Reveal Genomics, a Barcelona-based precision oncology company. Financial terms were not disclosed. The deal adds Reveal's HER2DX test, which helps guide therapy for…
Brazil's Alice raises $40M Series D to rebuild its health plan around AI
Alice, a Brazilian corporate health plan, has raised a $40 million Series D led by IFC, the World Bank 's investment arm. Germany's DEG and Finland's Finnfund joined, alongside existing backers Kaszek, ThornTree…
Elbit wins another $235M European deal for PULS rocket artillery
Elbit Systems has secured a contract worth about $235 million to supply PULS rocket artillery systems and EXTRA-MR precision-guided rockets to an undisclosed European country. The three-year deal, signed…
Israel Aerospace's $33B IPO hinges on how to hide its secrets
Israel Aerospace Industries (IAI) has six weeks to resolve a regulatory impasse over how it discloses classified activities — a step needed to advance its planned IPO. The state-owned contractor wants to sell at least…
US sanctions "China's Y Combinator" over stolen Google AI secrets
The US State Department on October 19, 2026 sanctioned five Chinese entities over their ties to the theft of Google AI trade secrets. The targets include venture firm MiraclePlus (Qiji Chuangtan) — the successor to a…
Italy's CDP launches early-stage fund, backs over 570 startups to date
CDP Venture Capital has launched Fondo Acceleratori II, a venture fund aimed at strengthening Italy's early-stage startup financing. It will mainly back pre-seed and seed funds run by independent managers, with scope to…
Spain's Buy & Hold launches €30M high-yield bond fund, waives management fee for 2026
Spanish asset manager Buy & Hold has launched B&H High Yield LU, a fixed-income fund that will invest at least 50% of its portfolio in high-yield corporate bonds. The firm is offering early subscribers an inaugural…
Nyobolt lands second robotics customer, cutting Digit 5's recharge to 9 minutes
UK battery maker Nyobolt has been selected by Agility Robotics to supply the ultra-fast charging battery system for Digit 5, the latest version of Agility's warehouse humanoid robot. The system will cut Digit's recharge…
Mazarine founder takes 86% stake, targets $600M revenue in five years
Paul-Emmanuel Reiffers, founder and chief executive officer of French creative consulting group Mazarine, has increased his stake to 86%, ending 15 years of private equity backing. The buyout, completed in September,…
OpenWorld to acquire AI agent startup Blocksight to power $1B tokenization push
OpenWorld (NASDAQ: OPNW), a real-world asset tokenization company, has signed a definitive merger agreement to acquire Blocksight, it announced on October 18. The terms were undisclosed.
Two Kenyan AI startups win $5,000 grants in Meta's inaugural Kenya pitchathon
Neural Labs Africa and Me-Nasoma have each won a $5,000 (about Sh645,000) equity-free grant from Meta after emerging as winners of the inaugural Meta AI Academy Kenya Pitchathon. Both also received advertising credits…
VM Investments raises $30.3M in bond listing on Jamaica Stock Exchange
VM Investments has listed two unsecured bond tranches on the Jamaica Stock Exchange Bond Market after raising $4.8 billion Jamaican dollars (about $30.3 million). The Tranche A and Tranche B bonds were listed on…
Heineken puts $20M into Bahamas' Commonwealth Brewery
Heineken is investing $20 million in Commonwealth Brewery Limited (CBL), the Bahamian brewer, the companies announced in October 2026.
Inside Capital Partners backs Zambian honey producer Wuchi Wami
Inside Capital Partners has invested in Wuchi Wami, a Zambian producer of single-origin Miombo honey. The company sources organic honey from rural beekeepers organised into co-operatives, then processes, packages and…
Selectel buys cloud provider M1Cloud for up to $31M
Russian IT-infrastructure provider Selectel has acquired 100% of cloud provider M1Cloud (Stek Group) for up to US$39.1M (roughly $31 million). M1Cloud will keep serving clients on the same terms after the deal closes.
Vumela Fund backs Cape Town produce exporter Iris Fresh
The Vumela Fund, managed by Edge Growth, has invested in Iris Fresh, a Cape Town-based fresh produce exporter. The capital will fund working capital and operational costs as the company scales.
AEG Presents backs Benelux promoter Greenhouse Talent
AEG Presents has invested an undisclosed sum in Greenhouse Talent, an independent concert and festival promoter operating across the Benelux region. The deal formalises what AEG described as a longstanding relationship…
Brazil's Dubpay raises $2M, launches global account for exporters
Dubpay, a Brazilian payments-infrastructure fintech, has raised $2 million to expand its international operations and broaden the financial products it offers to businesses on its platform.
Miami's OpenFX launches venture arm, backs Jeeves and Cyclops
OpenFX, the cross-border payments company, has launched OpenFX Ventures, a corporate investment arm backing early-stage payments startups. It has already backed two other Miami fintechs: Jeeves, which raised $110…
NVT Phybridge to acquire Nitek's assets in physical security push
NVT Phybridge has signed a definitive agreement to acquire certain assets of Nitek, a provider of video transmission and network connectivity technologies for the physical security industry. The deal value was…
Dialog sells 20% of Doc990 operator for $1.13M
Dialog Axiata PLC has sold a 20% stake in Digital Health (Private) Limited, the operator of Sri Lanka's Doc990 platform, for Rs.374.9 million (about $1.13 million). The sale brings in Sunshine Healthcare Lanka Limited…
Aliyah Ventures launches with up to $500K checks for Israel's immigrant founders
Aliyah Ventures, a new venture capital fund, emerged from stealth on Monday to back startups founded by olim — new immigrants to Israel. The fund writes pre-seed checks of between $250,000 and $500,000 and is targeting…
Muangthai Capital raises $260M to expand lending to rural women-owned firms
Thai non-bank lender Muangthai Capital (MTC) has raised $260 million in post-IPO debt to widen credit access for underserved women-owned businesses. The package combines a $200 million syndicated facility co-led by the…
World of Tanks publisher Lesta sold to one-employee firm after nationalization
Russian game studio Lesta, publisher of World of Tanks and World of Ships, has been acquired by JSC Industrial Structures. As of October 15, the buyer owns 100% of the group's three main legal entities: Lesta LLC, Lesta…
REA Group adds AI energy scores to realestate.com.au via VALAI stake
REA Group has taken a minority stake in VALAI, an AI-powered energy intelligence platform, and will add its flagship Home Efficiency Score to property profiles on realestate.com.au. Terms were not disclosed.
Nedbank wins JSE nod for $4.56M note listing amid rate pressure
Nedbank has secured approval to list R75 million (≈$4.56 million) in senior unsecured notes on the Johannesburg Stock Exchange (JSE). The post-IPO debt is split into two instruments scheduled for issue on October 16,…
Grupo Energia Bogota raises ~$126M in debt, eyes New York listing
Grupo Energia Bogota completed a US$114.6M (≈$126 million) commercial-paper issue on October 15, 2026. The Colombian utility raised the notes after an initial US$71.7M offer was lifted by US$43M, activating a broader…
AccrueMe launches private credit for e-commerce brands earning $1M to $25M
AccrueMe has launched AccrueMe Private Credit, a credit facility aimed at established e-commerce brands. The company announced the product through Business Insider's Markets Insider.
Frontier backs rock-based CO2 storage with $11.7M deal
Frontier, the corporate carbon removal buyers' group, has brokered $11.7 million in purchase deals with 44.01, a startup that turns CO2 into rock. The agreement covers roughly 21,000 tons of removal between 2028 and…
Möbius and Desenvolve SP raise $13.9M fund for rural internet and data centers
Möbius Capital and Desenvolve SP have launched a US$17.9M (≈$13.9 million) fund to finance regional internet providers and small data centers in São Paulo state. The vehicle is a FIDC, a receivables-investment structure…
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