The MoneyMakers newsroom

Latest edition 11 Oct 2026

Business & startup news, page 15

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

Topic

Format

News

Newest first

Clear filters

Editorial illustration of a satellite radar panel with Kapta Space identified in text.

Funding & fundraising· News

Kapta Space raises $24 million Series A for radar-payload production

Kapta Space says its new financing will expand production for classified moving-target-indication contracts it secured earlier in 2026. Flight qualification and its first orbital demonstration remain ahead.

11 Oct 2026 · MoneyMakers

Acquisitions & ownership· News

OPay’s Standard Bank share deal ties stake and board rights to proposed IPO

OPay’s October 9 filing discloses a conditional share subscription by Standard Bank Group member Stanbic Africa Holdings. The price is the lowest of three formula-based amounts, including a $200 million ceiling and a limit based on a 4.99% holding. A filed agreement also makes a board nomination right dependent on maintaining at least a 2.5% stake. Neither the share purchase nor OPay’s proposed U.S. offering is complete in the reviewed filing.

11 Oct 2026 · MoneyMakers

Business & startup news, page 15

News

Autobia raises $12 million to expand Saudi auto-parts supply and merchant financing

Kapta Space raises $24 million Series A for radar-payload production

Snowbird Technologies’ RIMPAC sheet shows three parts costlier on wire and gas

KONST says $30 million Series B will back Asian AI data centers and enterprise compute services

Pinewood Technologies Group becomes subsidiary of Ridgeview-backed Bidco

Helical Fusion completes ¥3.23 billion Series B second close as Fuji Electric joins development partnership

Infood Protein agrees to test Hermia with Colombian hydrangea grower Prime Flowers

OPay’s Standard Bank share deal ties stake and board rights to proposed IPO

Oxford Metrics buys Move AI assets for Vicon after administrator appointment

OllyGarden raises $4 million as Rose adds missing-telemetry checks

Sabi says it raised $50 million for a brain-AI cap, with a CES 2027 demonstration planned

Linguard Labs outlines Chivo remittance and credit plans after earlier control transfer

Inner Sky Labs opens Miko-developed AI models to other machine makers

Deno team joins Cloudflare as runtime development and Deploy hosting face an end

VEIR closes $110 million Series C to move data-center power systems toward deployment

Auxo-backed Precision Products Group buys Monadnock Non-Wovens, adding filtration media

Spectrum Equity announces $2.5 billion Fund XI close for software and data investments

Vatar raises $500,000 angel round for browser-world expansion

NeoFleet Capital raises $4 million to expand taxi-fleet financing

Eko brings investing into Capital Credit Union’s banking app