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The MoneyMakers newsroom

Latest edition 14 Oct 2026

Business & startup news, page 13

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

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Conceptual illustration of a facilities worker consulting a maintenance record beside a model of a public building.

Startups & growth· News

NVIDIA reports Akila and ThinkDeep agents across more than 500 Côte-d’Or buildings

NVIDIA says Akila and ThinkDeep built agents for Côte-d’Or public-building operations and reports a 10% reduction in total operating costs. The company has not disclosed the measurement period or baseline; its 30% figure is a target, not an achieved result.

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14 Oct 2026 · MoneyMakers

Conceptual still life contrasting an engineering chip with an unfinished processor design and unmarked radar and audio components.

Funding & fundraising· News

Ubitium raises $14 million as commercial chip evaluation remains planned for 2027

Ubitium announced $14 million in new seed funding after reporting that an engineering chip ran sensing, AI inference and control workloads. Its larger commercial processor and customer evaluation units remain planned for 2027.

14 Oct 2026 · MoneyMakers

Editorial illustration of a robotic work cell positioning a flexible cable beside a small connector.

Startups & growth· News

Industrial Next says BMW will evaluate its factory-robot technology

Industrial Next announced that BMW Group Technology Office would evaluate its robotic manufacturing technology. The startup separately reports use in smartphone production, but the BMW announcement does not establish an order or factory deployment.

14 Oct 2026 · MoneyMakers

Editorial illustration of a roll of Paragon Films stretch film beside an unmarked wrapped pallet.

Acquisitions & ownership· News

Atlantic Ridge Capital agrees to acquire Paragon Films in approximately $900 million deal

Atlantic Ridge Capital and Grafine Partners have agreed to acquire protective-film manufacturer Paragon Films from Rhône in a transaction valued by the parties at approximately $900 million. The acquisition would be Atlantic Ridge's debut investment; closing remains subject to conditions.

14 Oct 2026 · MoneyMakers

Editorial illustration of camera-equipped glasses beside a stylized retina with a small implant, representing Science Corporation’s PRIMA trial.

Startups & growth· News

Science Corporation reports first Stargardt patient in PRIMA implant trial

Science Corporation said its first Stargardt disease patient received a PRIMA retinal implant in May and recognized a letter and then a word during early rehabilitation. Its October 13 disclosure is a single-patient update, not a trial result.

14 Oct 2026 · MoneyMakers

Editorial illustration of heat-storage bricks and an industrial steam pipe, identified with the name Epyr.

Funding & fundraising· News

Epyr raises €15 million to expand industrial heat storage after WEPA deployment

Epyr’s Series A follows its first operating installation at a WEPA paper mill. The company plans further deployments, starting with a 35 MWh project at Papeco that has been announced but is not yet operating.

14 Oct 2026 · MoneyMakers

Conceptual illustration pairing the name Asolvi with an unmarked fire sprinkler head.

Acquisitions & ownership· News

Bregal Milestone agrees to acquire majority stake in Asolvi

Bregal Milestone agreed to acquire a majority stake in field-service software provider Asolvi from Volpi Capital and Viking Growth. CEO Nick Barnett and management are reinvesting alongside the buyer. Terms were not disclosed, and completion is expected in the fourth quarter of 2026.

13 Oct 2026 · MoneyMakers

Editorial graphic with the names EFY Finance and Tether over simple intersecting payment-route shapes.

Funding & fundraising· News

Tether invests in EFY Finance seed round for institutional stablecoin payments

Tether announced an investment in EFY Finance's seed round to support institutional use of its stablecoins in Latin America. The amount and terms were not disclosed, and earlier seed backing listed by EFY's group cannot be treated as part of the same financing.

13 Oct 2026 · MoneyMakers

Editorial illustration of Reach Security’s name beside an unmarked network-security appliance.

Funding & fundraising· News

Reach Security announces more than $50 million Series B and launches Reach Everywhere

Reach Security announced a Series B of more than $50 million led by Top Tier Capital Partners alongside Reach Everywhere, a way to bring information about existing security controls into other security workflows. Its reported customer growth is company-supplied.

13 Oct 2026 · MoneyMakers

Conceptual illustration of a robotic arm positioning a timber wall frame, with the name Promise Robotics.

Startups & growth· News

Promise Robotics signs D.R. Horton agreement to support production of more than 1,250 homes

Promise Robotics announced a multi-year agreement giving D.R. Horton access to its Factory-as-a-Service offering to support production of more than 1,250 homes. The announced home count is a scope of work, not a report of completed homes.

13 Oct 2026 · MoneyMakers

Conceptual graphic with the name Lantronix and simple circuit-trace shapes representing onboard robotics computing.

Physical AI· News

Lantronix introduces smaller Spotter board for drone and robot makers

Lantronix has introduced Spotter, a compact computing board designed to combine AI processing with camera, sensor and vehicle-control interfaces. Availability is planned for the fourth quarter of 2026. Unlike the company's earlier integrated Drone Reference Platform, Spotter is listed as a 42 × 120 mm board; its flight or vehicle controller is optional.

13 Oct 2026 · MoneyMakers

Editorial illustration of an aircraft airfoil and airflow contours beside the name Flexcompute.

Funding & fundraising· News

Flexcompute names Samsung Ventures and Applied Ventures in strategic investment for physics AI

Flexcompute announced investment from Samsung Ventures and Applied Ventures alongside unnamed backers. It plans to expand research and computing for physics-based design tools, but disclosed neither the investment amount nor its terms.

13 Oct 2026 · MoneyMakers

Editorial illustration of the name INKA against layered, unmarked paper forms.

Acquisitions & ownership· News

BlackFin Capital Partners completes HSBC’s INKA acquisition

HSBC says the sale closed on October 9, transferring German institutional fund administrator INKA to BlackFin. INKA says BlackFin is now its sole shareholder and plans a Luxembourg expansion in 2027.

13 Oct 2026 · MoneyMakers

Editorial illustration of the name Character.ai beside unmarked conversation shapes.

Acquisitions & ownership· News

Character.ai files Chapter 11 as Disney bids $20 million for limited IP license

Character Technologies has begun a court-supervised asset-sale process. Disney Worldwide Services is the proposed stalking-horse bidder for a non-exclusive license to certain intellectual property and claims, not an announced purchase of the Character.ai platform.

13 Oct 2026 · MoneyMakers

Editorial paper-cut illustration of the Flightline name beside unmarked diligence-report sheets.

Acquisitions & ownership· News

Stout acquires Flightline after testing AI diligence in client work

Stout has acquired Flightline after working with the AI diligence company in client workflows. The acquisition puts Flightline's tools inside Stout's advisory business, while broader applications remain a plan.

13 Oct 2026 · MoneyMakers

Conceptual illustration of a stethoscope beside two unmarked display sheets at a veterinary reception counter.

Markets & events· News

CMA veterinary guides set December price deadline for larger groups, March for smaller operators

New size-specific CMA guides explain how veterinary businesses must implement an existing UK order. Businesses with at least 15 practices face their first price-disclosure and clinical-policy phase on December 23, 2026; those with 14 or fewer generally reach that phase on March 23, 2027.

13 Oct 2026 · MoneyMakers

Conceptual illustration of separate unmarked laptops and the NVIDIA name for a story about local-AI routing.

Industry AI· News

NVIDIA takes PAIR out of beta ahead of RTX Spark laptop launch

NVIDIA says its local-AI router now supports llama.cpp and RTX Spark. Its software update also reports substantial, but not complete, readiness across a selected set of Python packages before the laptops' planned October 16 launch.

13 Oct 2026 · MoneyMakers

Conceptual illustration of a cable-driven robotic arm beside a satellite panel, with the name Xianyin Future.

Funding & fundraising· News

Xianyin Future reports three funding rounds as orbital-servicing test remains ahead

Xianyin Future reportedly closed angel, Pre-A and Series A rounds between May and September 2026, raising several hundred million yuan across the three. Alibaba and China Mobile Chain Leader Fund were named among the Series A leaders. The spacecraft-robotics developer plans an in-orbit verification in 2027; reported planning discussions do not establish customer deployments.

13 Oct 2026 · MoneyMakers

Editorial illustration of a vinyl window frame, the type of product made by United Window & Door.

Acquisitions & ownership· News

United Window & Door plans Tennessee plant after Sterling investment

United Window & Door Manufacturing says it received a growth investment from The Sterling Group to support geographic expansion, including a planned Tennessee factory. The company disclosed neither the investment amount nor Sterling’s ownership stake.

13 Oct 2026 · MoneyMakers

Editorial illustration of the name Loops beside unbranded retail products, representing its online-shopping search and assistance software.

Funding & fundraising· News

Loops raises $3.5 million for retail AI search and shopping tools

Loops announced a $3.5 million seed round to develop its retail AI platform and expand customer deployments. Its reported adoption combines customers with pilots, while a retailer conversion comparison is observational.

13 Oct 2026 · MoneyMakers

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