Etched Raises $700 Million at $21 Billion Valuation
Etched has raised $700 million at a $21 billion valuation, with Jane Street leading the round after testing and buying its AI hardware.
August 19, 2026
Funding, Mergers & Acquisitions
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
trutility Launches Grid Infrastructure Platform Backed by Distributed Sun
trutility has launched as a grid infrastructure platform for battery storage, community solar, distributed generation, and microgrids, backed by Distributed Sun assets and capital investment.
August 19, 2026
Curavit Acquires Lindus Health CRO Assets
Curavit Clinical Research has acquired the CRO assets of Lindus Health, expanding its clinical trial operations across the U.S. and Europe.
August 19, 2026
Oakley Capital Acquires Majority Stake in Graphwise
Oakley Capital has acquired a majority stake in Graphwise through Fund VI. The companies did not disclose financial terms.
August 19, 2026
Codio Launches AI Literacy Course and Raises $5 Million
Codio has launched an AI Literacy offering for higher education and completed a $5 million strategic growth financing led by Armada Investment.
August 18, 2026
Checkr Acquires Truv for Mortgage and Government Verification
Checkr acquired Truv to add income, employment, and asset verification capabilities, expanding its mortgage business and entering government benefits eligibility verification.
August 18, 2026
Hopscotch Primary Care Raises $53 Million for Rural Health Care Expansion
Hopscotch Primary Care raised $53 million in Series D financing to expand its rural primary care model and scale its technology powered operations.
August 18, 2026
Stigg Acquires Received.ai for Usage Billing and Contract Management
Stigg acquired Received.ai to add contract management and usage based invoicing to its pricing and entitlements platform. The new capabilities are now in public beta, with general availability planned through 2026.
August 18, 2026
GrubMarket Acquires JR Holland in UK Expansion
GrubMarket has acquired JR Holland, a fresh produce and foodservice distributor serving North East England and Scotland. JR Holland will keep its brand and leadership team and gain access to GrubMarket software tools.
August 18, 2026
Happy Health Raises $75 Million for Home Healthcare
Happy Health has raised $75 million for its home healthcare business. The company says its FDA cleared smart ring can diagnose sleep apnea in as few as three nights.
August 18, 2026
Smack Technologies Raises $61 Million to Build Tactical AI Hardware
Smack Technologies raised a $61 million Series B round led by Costanoa Ventures and First In to expand its national security AI platforms and build hardware for tactical edge deployments.
August 18, 2026
Fractal Analytics Wins $17 Million AI Data Deal With U.S. Healthcare Enterprise
Fractal Analytics has secured a more than $17 million agreement with a U.S. healthcare organization to modernize its data and AI foundation on Databricks.
August 18, 2026
FORT Robotics to Go Public Through Newbury Street II Deal
FORT Robotics plans to go public through a business combination with Newbury Street II Acquisition Corp. The deal values the combined company at $556.6 million and is expected to close in the fourth quarter of 2026.
August 18, 2026
Synthefy Raises $6.5 Million and Launches Structured Data Model Platform
Synthefy launched a foundation model platform for structured data and raised a $6.5 million seed round led by Wing Venture Capital.
August 18, 2026
Stripe to Buy OpenRouter for More Than $7 Billion
Stripe has reportedly finalized an agreement to acquire OpenRouter for more than $7 billion. OpenRouter gives developers access to hundreds of AI models and helps them switch between providers.
August 18, 2026
Molex Invests in CAEPlus for AI Data Center Cooling
Molex has made a strategic investment in CAEPlus to support active liquid cooling technology for AI and high performance computing data centers.
August 17, 2026
VastAdvisor Raises $1 Million for AI Wealth Management Growth Platform
VastAdvisor closed a $1 million SAFE round to fund its AI platform for organic growth in wealth management. The company plans to use the funding for product development and market expansion.
August 17, 2026
Spin Master to Acquire Hapiko, Maker of AI Sticker Tool for Kids
Spin Master has agreed to acquire Hapiko, the Brooklyn company behind Stickerbox, an AI powered tool that turns children's spoken ideas into printable stickers.
August 17, 2026
DEFSEC Technologies Plans CAD$5.54M Private Placement
DEFSEC Technologies expects to raise about CAD$5.54 million through a private placement of common shares, warrants, and warrants funded in advance.
August 17, 2026
WhiteFiber Plans Two More North Carolina Data Center Campuses
WhiteFiber agreed to acquire two industrial properties in Yadkin County, North Carolina, for $60 million through Enovum Data Centers. The company plans to retrofit the sites into NC-2 and NC-3 data center campuses with at least 60 MW of initial gross utility capacity.
August 17, 2026
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