HIG Capital Acquires International Aerospace Coatings
HIG Capital announced the acquisition of International Aerospace Coatings (IAC), a provider of coatings for original equipment manufacturers, airlines, and MRO providers. The terms of the deal were not disclosed. The transaction expands HIG Capital's portfolio in the aerospace sector.
MedX Health Corp. Closes $2.8M Series IV Convertible Loan Notes Private Placement
MedX Health Corp. announced the final closing of its non‑brokered private placement of Series IV Convertible Loan Notes, issuing a total of $2.8 million in notes. The placement includes $2.4 million converted from Series I notes, $300,000 from new subscriptions, and an additional $100,000...
Global Net Lease Completes $535M Merger to Acquire Modiv Industrial
Global Net Lease (GNL) completed a $535 million merger to acquire Modiv Industrial, a Denver-based industrial REIT. The deal gives GNL an 89% stake in the combined entity while Modiv shareholders retain 11%, integrating Modiv’s 4.3 million square feet of...
Aumet Raises $12M Series A Led by Emkan Capital
Saudi Arabia-based healthtech Aumet announced the close of a $12 million Series A round, led by Emkan Capital and joined by Qatar Development Bank, SABAH Fund, AAIC, Shorooq Partners, Right Side Capital Management, Cigalah Group and Salehiya Trading Company. The...
Legend of Toys Raises Rs 21 Crore in Pre‑Series A Round
Indian toy brand Legend of Toys announced it has raised Rs 21 crore (≈$2.5 million) in a pre‑Series A round. The round was backed by Singularity Early Opportunities Fund, Veltis Capital, Enzia Ventures, DeVC, Atrium Angels and Stride. The funding will support expansion into...
Core Spaces Raises $1.64B for Its Fourth Student Housing Fund
Chicago-based Core Spaces announced it has secured $1.64 billion to close its Core Spaces Fund IV, a pure‑play student housing investment fund. The capital raise exceeds the fund’s $1 billion target and reflects strong investor demand for large‑scale student housing projects at flagship...
King's College London to Acquire Cranfield University in Strategic Merger
King's College London and Cranfield University have announced a merger, with KCL set to acquire Cranfield. The deal aims to combine KCL's comprehensive research capabilities with Cranfield's specialist strengths in aerospace, defence, and management, creating a larger institution with a...
South Carolina Retirement System Commits $100M to Spark Capital Funds
The South Carolina Retirement System, which manages $53.9 billion, announced a $100 million commitment to two Spark Capital venture funds. The pledge marks a new investment from the state pension into Spark Capital’s portfolio, supporting its ongoing technology startup investments. The commitment...
Hallstone Ventures Closes Debut Seed Fund Targeting AI in Media and Advertising
Los Angeles-based Hallstone Ventures announced the closing of its debut fund, aimed at backing AI-driven infrastructure for media, entertainment and advertising. The seed-stage venture fund was raised by former Sony and Panavision executive Hallen. Deal terms and fund size were...
Metropolitan Museum of Art to Acquire Neue Galerie in 2028 Merger
The Metropolitan Museum of Art announced it will merge with the Neue Galerie, with the Met acquiring the Neue Galerie’s Fifth Avenue building and its collection of 20th‑century Austrian and German art. The merger, slated for 2028, includes a substantial...
JT Group and CVC DIF Finalize $669M Acquisition of Manx Telecom
JT Group (Jersey Telecom) and CVC Capital's infrastructure arm CVC DIF have completed the acquisition of Manx Telecom Group, creating the largest telecom provider across the Crown dependencies. The deal, valued at around £500 million ($669 million), was finalized on May 15, 2026, with...
Jamieson Wellness Secures $800M Senior Credit Facility Refinancing
Jamieson Wellness Inc. announced the amendment and restatement of its senior credit facilities, securing up to $800 million of revolving credit and an additional $400 million accordion feature. The new Credit Agreement, led by a syndicate of Canadian banks including Bank of...
Alphabet Issues Record $3.8B Yen‑denominated Bond, Surpassing Berkshire Hathaway
Alphabet announced a yen‑denominated bond offering of more than 576 billion yen (≈$3.8 billion), the largest ever by a foreign company in Japan, beating the previous record set by Berkshire Hathaway. The issuance aims to diversify Alphabet’s funding sources as it expands...
Avant Genomics Raises over $3M in Financing
Avant Genomics, a developer of fully‑automated liquid biopsy sample preparation for precision cancer detection, announced it has raised more than $3 million. The round was backed by TitletownTech, Halyard Ventures, Virginia Venture Partners, CAV Angels, Global Impact Fund and other angel...
American Ocean Minerals to Merge with Odyssey Marine Exploration in $1B Deal
American Ocean Minerals announced it is finalizing a $1 billion merger with Odyssey Marine Exploration, consolidating their deep‑sea mineral exploration assets. The combined entity will hold licenses to explore polymetallic nodules in the Cook Islands exclusive economic zone, targeting copper, cobalt,...
Sagil Capital Increases Stake in Zim While Exiting Teekay Tankers and CMB.Tech
UK investment firm Sagil Capital sold its holdings in Teekay Tankers and CMB.Tech and boosted its stake in container liner Zim, cutting its US‑listed shipping portfolio by about $37.2 m in Q1, according to SEC filings.
Virgin Galactic Raises $11M via At‑the‑market Equity Offering
Virgin Galactic reported a $11 million raise through an at‑the‑market equity offering as part of its Q1 2026 financial results, helping fund its Delta‑class program and reduce cash burn. The public company’s financing supports its push toward commercial spaceflight in the...
National Core Secures $103.6M Tax-Exempt Bond Financing for Hyatt Regency Hotel
National Core closed a $103.6 million tax-exempt bond financing package to fund a major renovation of the Hyatt Regency hotel in Ontario, California. The financing includes $77.1 million in hotel revenue bonds and $26.5 million in C‑PACE bonds, with J.P....
ShengShu Raises $293M Series B Led by Alibaba Cloud
ShengShu Technology announced its new Motubrain world action model and disclosed a $293 million Series B funding round led by Alibaba Cloud, with participation from China Internet Investment Fund, TAL Education Group, Baidu Ventures and Luminous Ventures. The capital will accelerate the...
The Sports Facilities Companies Acquires Power Wellness
The Sports Facilities Companies (SFC) announced the acquisition of Power Wellness, a fitness‑center management firm. Power Wellness will continue operating under its brand as Power Wellness by The Sports Facilities Companies, with Ken Gorman remaining president and CEO. The deal...
Lightrock Launches $500M Accelerate7 Fund Backed by Shell, TotalEnergies, Equinor, LGT
London‑based Lightrock announced the launch of its $500 million Accelerate7 fund, targeting clean energy, electric mobility and energy storage startups in South Asia, Southeast Asia and Sub‑Saharan Africa. The fund will make investments of $10‑$50 million and is backed by corporate investors...
TruKKer Secures $300M Trade Receivables Securitisation Facility From ADCB
MENA‑based digital freight platform TruKKer closed an inaugural trade receivables securitisation facility of up to $300 million, arranged and funded by Abu Dhabi Commercial Bank (ADCB). The non‑recourse murabaha facility, backed by receivables across the UAE, Saudi Arabia and Turkey, will...
Secludy Raises $4M and Grego AI Secures $2M in Funding
Secludy announced a $4 million raise to launch its synthetic data platform for regulated industries, while stealth‑mode startup Grego AI disclosed a $2 million funding round to develop AI‑driven vulnerability detection. Both announcements were made in mid‑May 2026, marking fresh capital infusions...
Quartzsea Acquisition Corp. To Combine with Eight Directions in $515M Deal
Quartzsea Acquisition Corporation (QSEA), a special purpose acquisition company, announced a definitive agreement to combine with Eight Directions in a transaction valued at approximately $515 million. The merger will provide Eight Directions with public market access and capital to accelerate...
Wells Fargo Securities Underwrites $204.8M Channel EF 2026‑1 ABS Issuance
Commercial equipment leases and loan contracts will back a $204.8 million asset‑backed securities issuance, Channel EF 2026‑1, underwritten by Wells Fargo Securities. The deal, slated to close on May 19, will be issued in six tranches with varying credit enhancements and maturities through 2034.
General Fusion to Go Public via $1B SPAC Merger with Spring Valley Acquisition Corp
General Fusion announced a merger with SPAC Spring Valley Acquisition Corp in a $1 billion deal to list on Nasdaq, securing $100 million of pipe capital to fund its Lawson Machine 26 fusion prototype. The transaction, slated for mid‑2026, aims to provide...
Wirestock Raises $23M Series A to Supply Multi‑modal Data to AI Labs
Wirestock, a platform that connects creators with AI labs, announced a $23 million Series A round led by Nava Ventures, with participation from SBVP, Formula VC and I2BF Ventures. The funding will be used to expand its multi‑modal data supply business, hire talent, and...
Bluewater Completes $175M Bond Issuance to Refinance Existing Debt
Dutch floating‑production company Bluewater has successfully completed a $175 million bond issuance, aimed at refinancing an existing bond and term loan. The debt financing marks a significant milestone for the European FPSO player, strengthening its balance sheet and supporting ongoing operations.
FutureRange Completes Acquisition of Echo IT, Expanding Its Irish Footprint
FutureRange, a leading Irish IT managed services provider, has completed its acquisition of Echo IT, a Nenagh‑based IT services firm. The deal strengthens FutureRange’s presence in Munster and enhances its capabilities in cybersecurity, cloud and AI across Ireland. The acquisition...
Twin Prime Raises $10M Pre‑seed Round to Build Frontier AI Models for Defence and Security
Twin Prime announced a $10 million pre‑seed funding round led by Expeditions, with participation from Theon and other investors. The capital will be used to develop AI models that integrate multiple sensor modalities for national security and defence applications. The deal...
UBS Provides $161M Loan to Vornado-Aurora Joint Venture for Chelsea Office Building Refinance
Vornado Realty Trust and Aurora Capital Associates' joint venture secured a $161 million interest‑only loan from UBS to refinance the 61 Ninth Avenue office and retail property in Manhattan’s Chelsea. The loan, arranged by Walker & Dunlop, replaces a $155...
Teekay Tankers Acquires Two Korean‑built Suezmax Vessels for $190 Million
US‑listed Teekay Tankers announced it has agreed to purchase two Korean‑built suezmax resale newbuildings for a combined $190 million, with deliveries expected in 2027. The acquisition expands its mid‑size crude carrier fleet as part of its fleet renewal strategy.
Elemental Royalty to Acquire Vizsla Royalties for $239M
Elemental Royalty announced it will acquire Vizsla Royalties in a $327‑million (US$239‑million) transaction, offering a 31% premium and a mix of cash and stock. The deal gives Elemental a royalty on Vizsla's Panuco silver‑gold project in Mexico and is expected...
Xpanner Raises $18M Series B to Expand Automation-as-a-Service for Construction
Xpanner announced a $18 million Series B round led by Korea Investment Partners with participation from KB Investment Co., bringing its total funding to $38 million. The capital will be used to develop next‑generation physical AI hardware and scale its...
Thrive Capital Invests $100M in Shopify to Boost AI-Driven Commerce
Venture firm Thrive Capital has invested about $100 million in e‑commerce platform Shopify, aiming to accelerate its AI initiatives. The investment was reported on May 14, 2026, following Thrive Capital’s recent launch of the $10 billion Thrive X fund. Shopify has seen rapid AI‑driven...
Balance Point Invests in The Edge as Serent Capital Acquires the Jewelry Retail Software Provider
Balance Point has injected capital into The Edge, a jewelry retail software provider, in connection with Serent Capital's acquisition of the company. The amount was not disclosed, and the transaction was announced on May 14, 2026.
Boralex Confirms Going‑private Deal with Brookfield Infrastructure Fund V and La Caisse
Boralex announced a going‑private transaction with Brookfield Infrastructure Fund V and La Caisse, aiming to take the renewable energy developer private. The deal is slated to close in Q4 2026 pending approvals, with no financial terms disclosed.
CREATE Medicines Raises $122M in New Funding Round
Biotech firm CREATE Medicines, formerly Myeloid Therapeutics, announced it has raised $122 million from investors Newpath Partners, ARCH Venture Partners, and Hatteras Venture Partners to advance its CAR‑T therapy pipeline. The funding will support human trials for its first CAR‑T...
Lansdowne Partners Raises $150M for University Research‑based Startup Fund
UK investment manager Lansdowne Partners announced the closing of a $150 million venture capital fund aimed at backing high‑potential startups emerging from university research. The fund targets early‑stage UK companies and seeks to reach a $200 million capital target by...
Recursive Superintelligence Raises $650M as AI Veteran Richard Socher Joins
AI pioneer Richard Socher has joined the stealth startup Recursive Superintelligence, which announced a $650 million funding round as it emerges from stealth. The San Francisco‑based company aims to build a recursively self‑improving AI model, with a team that includes Peter...
Netflix Acquires AI Filmmaking Startup InterPositive
Netflix announced the acquisition of InterPositive, an AI-powered filmmaking technology startup founded by Ben Affleck. The deal, disclosed at Netflix’s upfront event, expands Netflix’s AI capabilities for content creation. Deal value was not disclosed.
Melazyme Closes $2M Seed Funding Round Led by SeaX Ventures
US‑based precision fermentation company Melazyme announced the closing of its $2 million seed round, led by SeaX Ventures with participation from Stellaris Venture Partners and Plug and Play Ventures. The funds will be used to scale up its biomolecule fermentation platform...
Cypress Equity Investments Secures $170M Construction Loan for Two Santa Monica Projects
Cypress Equity Investments (CEI) has secured a $170 million construction loan to fund two mixed‑use apartment projects in Santa Monica. The financing will support the 150‑unit Wilshire Boulevard development and the 170‑unit 2501 Wilshire Boulevard building, both part of the...
Arava Power Acquires 50% Stake in OCI Energy’s 670 MW La Salle Solar Project
Israeli independent power producer Arava Power announced it has acquired a 50% interest in OCI Energy’s 670 MW La Salle Solar project in Texas, slated for commercial operation in 2028. The transaction, executed under a Membership Interest Purchase Agreement, expands both companies’...
Clear Capital Acquires Restb.ai to Boost AI-Enabled Valuation Tools
Clear Capital Solutions announced it has acquired Restb.ai, a computer-vision software provider, to embed AI-driven image recognition and data enrichment into its real-estate valuation platform. The acquisition will retain Restb.ai's branding while enhancing Clear Capital's suite, including CubiCasa, and follows...
TA Realty Acquires Whole Foods‑Anchored Peachtree Station Shopping Center for $55.4M
Boston‑based TA Realty purchased the 106,000‑sq‑ft Peachtree Station shopping center in Chamblee, Georgia, anchored by Whole Foods, for $55.4 million. The fully leased property, with Whole Foods occupying 45,000 sq ft through 2037, was bought from an LLC tied to Harrison Street Asset...
Roxberry Closes Major Funding Round
Roxberry, the first modern soda brand for kids, announced the closing of a major funding round to accelerate its national expansion. The round’s size was not disclosed. The new capital will support growth, product development, and broader market reach.
Coworked Raises $1.8M Financing Round
Coworked, an enterprise AI startup, announced a $1.8 million financing round co‑led by Open Opportunity Fund and Two Ravens, with participation from Underdog Labs and Techstars. The capital will accelerate development of its Harmony AI project manager.
Shyld AI Secures $13.4M to Scale Agentic AI and Autonomous Disinfection Across U.S. Health Systems
Shyld AI, a healthcare AI startup, closed a $13.4 million seed round led by Aulis Capital to expand its agentic AI and autonomous UV‑C disinfection technology across U.S. health systems. The funding will support scaling of its edge‑native VERTEX platform and...
Bharti Airtel Approves ₹28,220 Crore Share‑swap with ICIL to Boost Stake in Airtel Africa
Bharti Airtel’s board approved a ₹28,220 crore (≈$3.44 B) cash‑free share‑swap with Indian Continent Investment (ICIL), issuing 146.7 million new shares to acquire ICIL’s 16.31% stake in Airtel Africa, raising its holding to 79.04%. In return, ICIL’s stake in Bharti Airtel rises to...