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The MoneyMakers newsroom

Latest edition 17 Oct 2026

Business & startup news, page 10

The latest on emerging businesses, funding, acquisitions, AI and automation.

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Conceptual illustration of a worker inspecting port machinery beside a suspended container and cargo ship, with Portek International named above.

Acquisitions & ownership· News

A.P. Moller Capital fund agrees to buy Portek International from Mitsui, pending approvals

A.P. Moller Capital’s Emerging Markets Infrastructure Fund II has agreed to acquire Portek International from Mitsui. The proposed purchase covers a port operator with interests in seven terminals; the price is undisclosed and ownership has not yet transferred.

17 Oct 2026 · MoneyMakers

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Conceptual illustration of a woman reviewing and sorting paperwork beside a laptop and software symbols, with the name Sequence above.

Acquisitions & ownership· News

Intuit agrees to buy Sequence to add complex billing to mid-market software

Intuit has agreed to acquire Sequence, which sells software for pricing contracts, billing customers and collecting payments. The proposed addition would extend Intuit's mid-market workflow, but the integrated offering remains a plan. Intuit did not disclose financial terms.

17 Oct 2026 · MoneyMakers

Conceptual illustration of two workers handling automotive parts and paperwork at a counter, with the name Updation above them.

Startups & growth· News

Updation to add U.S. Bank payments to dealership accounting platform

Updation and U.S. Bank announced an integration intended to connect dealership invoice and vendor workflows with bank-managed payments. The announcement describes the proposed account structure but gives no launch date or adoption figures.

17 Oct 2026 · MoneyMakers

Conceptual illustration of hands positioning a modular computing unit in a connected equipment rack beside the name Mueon.

Funding & fundraising· News

Mueon raises $65 million to advance Cubelets toward system validation

Mueon says its Series A will expand engineering and operations as it moves its modular AI-computing platform toward broader system validation and production readiness. Its efficiency figure remains a target, not a reported test result.

17 Oct 2026 · MoneyMakers

Conceptual illustration of two people examining server-like boxes and directional arrows in front of server racks, with North.cloud named above.

Funding & fundraising· News

North.cloud closes $60 million Series B to expand cloud and AI cost automation

North.cloud says its PeakSpan-led financing will fund broader cost automation and AI-spend tools. Its reported managed customer spending and savings describe activity on the platform, not North's revenue.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a woman reviewing a flagged document beside a checkmark, an envelope and a laptop, with Alternative Payments named above.

Business automation· News

Alternative Payments says Alti finance assistant is broadly available to service businesses

Alternative Payments says its Alti assistant is broadly available after a limited rollout. It lets service-business teams question financial data and approve proposed actions, including invoice follow-ups. Reported efficiency figures concern the existing platform, not Alti specifically.

17 Oct 2026 · MoneyMakers

Conceptual illustration of two people reviewing a document beside bank-marked folders converging into an approval symbol, with Meow’s name above.

Funding & fundraising· News

Meow reports $31.6 million Series B as Stifel plans bank-branded treasury service

Meow reports a $31.6 million Series B led by Stifel, which separately confirms a minority investment and an agreement to offer Meow’s software through Stifel Bank. Stifel expects client onboarding to begin in early 2027; it has not disclosed the size of its own investment.

17 Oct 2026 · MoneyMakers

Conceptual illustration of two people examining industrial energy equipment beneath the Activate Capital name.

Funding & fundraising· News

Activate Capital gains QIA as limited partner, plans Doha office

Qatar Investment Authority joined Activate Capital as a limited partner through its Fund of Funds, and Activate plans its first international office in Doha. QIA's $3 billion figure describes the program's total capital commitment, not its undisclosed commitment to Activate.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a clinician assisting a patient beside a medical scanner at a CareHub clinic, with another imaging room visible through a doorway.

Ownership explained

Acquisitions & ownership· News

Capital Dynamics invests €14 million in Celsus Holding to expand CareHub clinics

Capital Dynamics invested €14 million in Celsus Holding to support CareHub’s planned clinic expansion. The announcement identifies the investment vehicle but leaves Capital Dynamics’ resulting ownership and voting rights undisclosed.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a rover towing a payload trailer across rocky lunar terrain, with the Cosmochute name above.

Funding & fundraising· News

Cosmochute raises reported $1.5 million for modular lunar robotics

The reported pre-seed financing is aimed at Cosmochute’s proposed lunar rover, trailer and payload-protection system. ETEntrepreneur names Accel and Prosus Ventures as leads; Business Standard names Prosus Ventures as lead.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a caregiver supporting an older woman at home while a clinician appears on a nearby tablet, with Abby Care named above.

Funding & fundraising· News

Abby Care raises $82 million Series C to expand paid family caregiving

Abby Care says its Series C, led by Transformation Capital, will fund new markets and deeper health-plan partnerships. The company trains family members as paid caregivers and supports them with nurse oversight and care records.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a technician working on a rural cell tower beside solar panels and an equipment cabinet, with NuRAN Wireless named in the sky.

Startups & growth· News

NuRAN Wireless reports 29 October tower activations as contracted rollout continues

NuRAN Wireless says it activated 29 towers in October. Its later estimate of approximately 300 operating sites remains distinct from the 5,092 contracted sites reported for the June 2026 period; further deployment requires capital.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a hard-hatted worker looking through a window at industrial equipment beneath the Quantum Leap Energy name.

Startups & growth· News

Quantum Leap Energy and Necsa set roughly 80/20 framework for proposed nuclear-fuel venture

ASP Isotopes says a Quantum Leap Energy subsidiary signed a binding framework with Necsa for a proposed South African HALEU venture. The announced principles assign approximate ownership and operating roles, but the October disclosure does not establish financing for the proposed 80/20 venture or approval for commercial uranium enrichment.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a customer approving a request on a phone as an identity symbol connects to a verification device across a counter.

Agents & tools· News

Proof adds an agent identity wallet and pay-per-claim checks to x401

Proof’s October 15 release adds its own agent identity wallet and a way for websites to buy individual verification claims. Proof had already announced x401 in June and said Superfluid Wallet implemented it in September.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a gloved researcher holding a vial beside a laboratory instrument, with OMass Therapeutics named above.

Funding & fundraising· News

OMass Therapeutics announces $310 million Series C for clinical drug development

OMass plans to fund further development of its lead endocrine drug and obtain initial clinical data for an immunology candidate. Syncona separately disclosed a $10.1 million commitment and said its projected ownership depends on full drawdown of the financing.

17 Oct 2026 · MoneyMakers

Conceptual illustration of Odido connectivity linking a cell tower, a small business and a home where a person uses a phone.

Acquisitions & ownership· News

Apax funds agree to buy Warburg Pincus funds’ stake in Odido

Funds advised by Apax have agreed to acquire their co-investor’s stake in Dutch telecom operator Odido. The Warburg Pincus-advised funds’ exit remains subject to closing conditions, and the parties have not disclosed financial terms.

17 Oct 2026 · MoneyMakers

Conceptual illustration of an instructor guiding an ultrasound training exercise beside the Sanar name.

Ownership explained

Acquisitions & ownership· News

Vinci Compass reportedly buying control of Sanar in secondary deal

NeoFeed reports that Vinci Compass is buying control of medical-education company Sanar through a secondary transaction, giving existing venture funds a proposed exit rather than putting new money into the business. Closing remains conditional, and the price and exact stake were not disclosed.

17 Oct 2026 · MoneyMakers

Conceptual illustration of workers moving a large industrial machine on a wheeled platform inside a facility, with MEI Industrial Solutions named on the wall.

Acquisitions & ownership· News

26North agrees to acquire MEI Industrial Solutions from Olympus Partners

26North affiliates have signed an agreement to acquire industrial-equipment services provider MEI from Olympus Partners. The buyer plans further investment in staff, equipment and geographic reach, while a fourth-quarter 2026 closing remains conditional.

17 Oct 2026 · MoneyMakers

Conceptual illustration of two people discussing a small prototype and sketches at a table, with Pear VC named above.

Funding & fundraising· News

Pear VC closes $333 million Fund V, names three new general partners

Pear VC’s fifth fund is $99 million smaller than the Fund IV it announced in 2023. The firm plans to put most of the new fund into pre-seed and seed investments and has elevated three existing investors to general partner.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a capsule beside a cross-section of intestine filled with colorful microbes, with the name Microbiotica above.

Funding & fundraising· News

Microbiotica raises £36 million in Series C first close for MB310 Phase 2

Microbiotica announced a £36 million first close of its Series C to advance its ulcerative-colitis drug candidate MB310 into a planned Phase 2 study. IP Group separately disclosed a £4 million investment; its projected holding depends on a second completion.

17 Oct 2026 · MoneyMakers

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