Pulse 2.0 - Business news, profiles, and deal flow coverage

SpaceX: AI Adjusted EBITDA Reaches $1.15 Billion As Starlink Subscribers Double To 12 Million

Amazon: Market Cap Tops $3 Trillion As AWS Revenue Jumps 37%

Shelfmark Raises $3.5 Million Seed Round To Advance Physical AI For Continuous-Flow Manufacturing

BillingPlatform Expands Executive Team With New CFO, CPO And CCO To Accelerate AI-Native Growth Strategy

Pinegap Raises $8 Million Series A To Build Custom AI Agents For Institutional Investors

Mitti Labs Raises $9.5 Million Series A To Expand GeoAI Platform Across Asia’s Rice Fields

By Amit Chowdhry ● Today at 5:43 PM

Mitti Labs has raised $9.5 million in Series A funding to expand its satellite- and AI-powered platform for improving water efficiency and reducing methane emissions across Asia’s rice fields. Aramco Ventures led the round, with participation from Lightspeed India, Godrej Industries Group, Cisco Foundation, Francis Family Fund and Volta Circle. The financing brings Mitti Labs’ total funding to $12.5 million since the company launched in 2023.

Keepit Appoints Thomas McCrory As VP Of Sales For Americas To Accelerate Regional Growth

By Amit Chowdhry ● Today at 5:38 PM

Keepit has appointed Thomas McCrory as Vice President of Sales for the Americas as the cloud data protection company seeks to accelerate its regional expansion. McCrory will lead Keepit’s sales growth across the Americas and help organizations understand the role that protected, recoverable data can play in supporting artificial intelligence strategies. He joined the company on August 3 and is based in California.

Klaviyo: Agency Deal Accelerates AI Agent Strategy As Revenue Grows 26% To $370.6 Million

By Amit Chowdhry ● Today at 5:26 PM

Klaviyo reported strong second-quarter growth while agreeing to acquire the team and technology of Agency, an AI-native customer-success company, to accelerate the development of its autonomous B2C customer relationship management platform.

Multiverse Computing And Qualcomm Collaborate To Optimize AI Models For Dragonfly AI200 And AI250 Accelerators

By Amit Chowdhry ● Today at 5:13 PM

Multiverse Computing has announced a collaboration with Qualcomm Technologies to bring more efficient artificial intelligence models to data centers worldwide. Under the collaboration, Multiverse Computing will optimize its AI models for Qualcomm Dragonfly AI200 and AI250 accelerators. The companies aim to help data center operators improve AI workload performance while reducing memory requirements, power consumption and infrastructure costs.

Mercurius Media Capital: Interview With Founding Partner Piyush Puri About Media-For-Equity Investing

By Amit Chowdhry ● Today at 4:59 PM

Mercurius Media Capital (MMC) is a growth platform that began as the first dedicated media-for-equity fund in the United States and has since evolved into a services-for-equity model, treating media, capital, and execution as long-term strategic assets. Pulse 2.0 interviewed Mercurius Media Capital Founding Partner Piyush Puri to learn more.

t54 Labs: Interview With Founder Chandler Fang About The Financial Infrastructure Company

By Amit Chowdhry ● Today at 4:54 PM

t54 Labs is a financial infrastructure company that builds tools allowing autonomous AI agents to securely execute and manage transactions across both fiat and cryptocurrency platforms. Pulse 2.0 interviewed t54 Labs founder Chandler Fang to learn more.

Ivalua: Interview With CMO Alex Saric About Its AI-Powered Source-To-Pay Platform

By Amit Chowdhry ● Today at 4:50 PM

Ivalua provides a unified Source-to-Pay platform that connects sourcing, supplier management, contracts, procurement, invoicing, analytics, and AI capabilities through a single data model. Pulse 2.0 interviewed Ivalua CMO Alex Saric to learn more.

interos.ai: Interview With CEO And Board Director Ted Krantz About AI-Driven Supply Chain Risk Intelligence

By Amit Chowdhry ● Today at 4:44 PM

interos.ai provides an AI-driven supply chain risk intelligence platform that continuously maps supplier networks, monitors risks across six domains, and helps organizations identify and mitigate potential disruptions. The company serves Fortune 1000 customers and U.S. federal agencies. Pulse 2.0 interviewed interos.ai CEO and Board Director Ted Krantz to learn more.

WindBorne Systems Raises $37 Million Series B To Expand Atmospheric Sensing Network And AI Weather Models

By Amit Chowdhry ● Today at 4:38 PM

WindBorne Systems has raised $37 million in Series B funding to expand its global atmospheric sensing network and accelerate the development of its AI-powered weather forecasting platform. The oversubscribed round was co-led by Khosla Ventures and Galvanize, with participation from TransLink Capital, Lux Capital and existing investors. The financing brings WindBorne’s total funding to more than $62 million.

LPL: $400 Million Firm WestKai Private Wealth Joins Strategic Wealth Team

By Amit Chowdhry ● Today at 4:14 PM

WestKai Private Wealth has joined LPL Financial’s supported independence model, LPL Strategic Wealth, after moving from Morgan Stanley. The San Clemente, California-based team reported serving approximately $400 million in advisory, brokerage and retirement plan assets.

Provident Financial Services And Provident Bank Appoint Former FDIC Examiner Michael E. Regan To Boards

By Amit Chowdhry ● Today at 2:13 PM

Provident Financial Services has appointed Michael E. Regan to the boards of directors of the company and its wholly owned subsidiary, Provident Bank. The appointments became effective on July 30, 2026. Regan brings more than 35 years of experience in financial institution supervision, corporate governance, regulatory compliance and enterprise risk management.

Parsons Wins Design Role In $227 Million South Carolina Interchange Project

By Amit Chowdhry ● Today at 1:49 PM

Parsons has been selected as the lead designer for the Interstate 526 and Long Point Road Interchange Improvements project near Charleston, South Carolina. The company will perform the work as part of a design-build team led by Ames Construction. The South Carolina Department of Transportation awarded the team an approximately $227 million contract for the project.

Stonemont And PCCP Acquire 38-Building Industrial Portfolio For Approximately $1 Billion

By Amit Chowdhry ● Today at 1:46 PM

Stonemont has acquired a 38-building industrial property portfolio in an approximately $1 billion transaction completed with long-term capital partner PCCP. The portfolio encompasses 5.9 million square feet across high-growth markets including Austin, Central Florida, Charlotte, Dallas and Phoenix.

ECI Software Solutions Acquires Prima To Expand Office Supply ERP Platform

By Amit Chowdhry ● Today at 1:36 PM

ECI Software Solutions has acquired Prima Business Control Software, expanding its enterprise resource planning and e-commerce capabilities for office supply businesses. Financial terms of the transaction were not disclosed.

American Family To Acquire Bowhead Specialty In $1.2 Billion Deal

By Amit Chowdhry ● Today at 1:35 PM

American Family Mutual Insurance Company has entered into a definitive agreement to acquire the outstanding shares of Bowhead Specialty Holdings that it does not already own in an all-cash transaction valued at approximately $1.2 billion.

Ingersoll Rand Acquires Lone Star Blower To Expand Aftermarket And Rental Operations

By Amit Chowdhry ● Today at 1:34 PM

Ingersoll Rand has acquired Lone Star Blower, which operates as Lone Star Turbo, expanding its portfolio of industrial blower, compressor, control system and aftermarket service capabilities. Financial terms of the transaction were not disclosed.

Google: Leadership Changes As Demis Hassabis Becomes DeepMind Chair And Alphabet Chief Scientist

By Amit Chowdhry ● Today at 1:33 PM

Google is restructuring the leadership of Google DeepMind as the company seeks to accelerate development of its Gemini models, frontier artificial intelligence research and work toward artificial general intelligence.

McNally Capital Makes Majority Investment In TENICA Global Solutions

By Amit Chowdhry ● Today at 1:21 PM

McNally Capital has made a majority investment in TENICA Global Solutions, a provider of engineering, cybersecurity, mission operations, and digital modernization services supporting U.S. national security programs. Financial terms of the transaction were not disclosed. McNally partnered with Nio Advisors on the investment.

Smartkem To Merge With Ferrox Critical Minerals In $125 Million All-Stock Deal

By Amit Chowdhry ● Today at 12:51 PM

Smartkem has entered into a definitive agreement to merge with Ferrox Critical Minerals in an all-stock transaction valuing Ferrox at $125 million. The combination would expand Smartkem’s materials platform beyond electronic materials and into critical minerals, creating a more vertically integrated public electronics and materials company.

TG Therapeutics: BRIUMVI Revenue Jumps 64% To $227.7 Million

By Amit Chowdhry ● Today at 12:48 PM

TG Therapeutics generated $227.7 million in U.S. net product revenue from BRIUMVI during the second quarter of 2026 as adoption of the multiple sclerosis treatment continued expanding.

Qnovia Secures Worldwide License For Antimicrobial Peptide Targeting Drug-Resistant Infections

By Amit Chowdhry ● Today at 12:46 PM

Qnovia has secured a worldwide exclusive license from the University of Virginia Licensing & Ventures Group for D8, an antimicrobial peptide designed to treat drug-resistant bacterial infections.

Kingswood Capital Management Raises $4 Billion Across Two Oversubscribed Funds

By Amit Chowdhry ● Today at 12:45 PM

Kingswood Capital Management has raised $4 billion across two middle-market private equity funds, more than doubling the Los Angeles-based firm’s assets under management to over $7 billion.

Volta Launches With $10 Billion AI Lab Partnership And $5 Billion Infrastructure Financing Program

By Amit Chowdhry ● Today at 12:44 PM

Volta has emerged from stealth with a vertically integrated artificial intelligence infrastructure platform, a $10 billion strategic AI lab partnership and a $5 billion infrastructure financing program.

Qnity And University Of Delaware Partner On Semiconductor Research And Workforce Development

By Amit Chowdhry ● Today at 12:43 PM

Qnity Electronics has entered into a strategic partnership with the University of Delaware College of Engineering to expand engineering education, semiconductor research and advanced manufacturing innovation.

Supernus And Indivior To Merge And Create $2.2 Billion CNS Biopharmaceutical Company

By Amit Chowdhry ● Today at 12:41 PM

Supernus Pharmaceuticals and Indivior Pharmaceuticals have entered into a definitive agreement to combine in a tax-free, all-stock merger of equals.

UniCredit, Accenture And IBM Partner To Build Next-Generation European Banking Platform