News News | Page 17 - MoneyMakers

Topics

Startup stories Company stories Markets & events People & wealth Family offices

AI & automation

Business automation Industry AI Agents & tools Physical AI

Funding & fundraising Startups & growth Business & growth Acquisitions & ownership

People

All people Investors Angel investors Wealth Founders Boards Executives Leadership changes Get your profile

New Wealth

Explore New Wealth After a business sale Navigating an inheritance Employee equity payouts Large investment gains

Connections Startups Companies Investors Directory Library Get Featured

WatchlistSign in

Home
Articles
News

The MoneyMakers newsroom

Latest edition 9 Oct 2026

Business & startup news, page 17

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

Topic

Format

News

Newest first

Illustration of an enterprise server rack with the names Raynet and Main Capital Partners.

Acquisitions & ownership· News

Main Capital Partners takes Raynet majority as PINOVA exits

Main Capital Partners says it acquired a majority stake in Raynet from PINOVA. Raynet says founder Ragip Aydin and management are reinvesting; international expansion and acquisitions remain plans.

· MoneyMakers

Explore our coverage

Startup stories Company stories Markets & events People & wealth Family offices Business automation Industry AI Agents & tools Physical AI Funding & fundraising Startups & growth Business & growth Acquisitions & ownership

About Branding Family Offices Articles Stock movers Opportunities List a Business Business Ideas Validate Founders to Watch Get Featured Pricing Business Terms T&C Privacy Refunds Contact

All publications RSS News RSS Guides RSS

9 Oct 2026

Illustration of an unmarked flow-chemistry reactor in a pharmaceutical development laboratory.

Startups & growth· News

CSIR opens FuturePHARMA to small pharmaceutical developers in South Africa

CSIR says its operational FuturePHARMA facility is open to universities and small businesses developing pharmaceutical processes and materials. Qualification by South Africa's medicines regulator remains a hurdle before its products can proceed to clinical evaluation; expanded contract manufacturing is a proposed next phase.

9 Oct 2026 · MoneyMakers

Editorial illustration of the name Bloom beside an unmarked manufactured component.

Startups & growth· News

Bloom reports 2,000-plus supplier matches as it raises $3.6 million

Bloom says more than 140 hardware companies have used its marketplace and that it has completed more than 2,000 supplier matches. Its October 7 seed-round announcement puts new funding behind a shift toward matching companies with manufacturing and service providers, but a match is not necessarily a paid job.

9 Oct 2026 · MoneyMakers

Editorial illustration featuring the name NVM Ventures and an unmarked aerospace component.

Funding & fundraising· News

NVM Ventures announces €23.6 million first close for Lazio dual-use fund

NVM Ventures announced a €23.6 million first close for NVM Venture Lazio, including an €18.83 million subscription from Lazio Innova. The fund aims to back 10 to 15 dual-use startups; a regional listing gives a €500,000 to €2 million investment range but describes a narrower investment stage than the launch announcement.

9 Oct 2026 · MoneyMakers

Editorial illustration of the Astaka Holdings Limited name beside an unmarked indoor light fixture.

Startups & growth· News

Astaka Holdings Limited launches SOL lighting after property exit

Astaka has launched its first SOL lighting product and is accepting registrations of interest, with first shipments expected in November 2026. Astaka Holdings Limited’s exchange filing sets out SOL Tech’s distribution rights and an interested-person relationship with its manufacturing partner. Neither the launch nor registrations establish SOL orders or sales.

9 Oct 2026 · MoneyMakers

Conceptual illustration with Arena’s name against a restrained AI-evaluation background.

Industry AI· News

Arena launches Alignment Index preview alongside $200 million Series B

Arena introduced a preliminary index for comparing three observable AI-agent failure types alongside an announced $200 million Series B at a stated $3.1 billion valuation. Its October 8 research post describes 90,000 sessions; a leaderboard dated September 30 displays 72,509. Arena has not explained the difference in the reviewed records.

9 Oct 2026 · MoneyMakers

Editorial illustration of an industrial vessel and dark carbon flakes, with the names Levidian and Dana Gas.

Startups & growth· News

Levidian and Dana Gas start graphene production at Sharjah site

Levidian and Dana Gas say their first Sharjah Graphene Park unit is operating, with annual capacity above one tonne. Prospective customers are trialling the material; the partners’ larger production plans depend on additional equipment.

9 Oct 2026 · MoneyMakers

Illustration of a dual-arm warehouse robot handling a returned garment.

Startups & growth· News

Sereact robots start handling Zalando returns at two CEVA sites

Sereact, Zalando and CEVA Logistics say dual-arm robots have entered live returns processing at CEVA sites in Greven, Germany, and Świebodzin, Poland. The partners have not reported site-level throughput or savings.

8 Oct 2026 · MoneyMakers

Conceptual illustration of an unmarked wearable band beside the name Persona

Funding & fundraising· News

Persona’s reported $10 million raise backs a text-based AI assistant and an unshipped band

TechCrunch and Inc. report $10 million in financing for Persona. Its iMessage assistant is available in beta, while a $179 band remains on preorder for a company-targeted December 2026 shipment. Early user and preorder figures come from the founder.

8 Oct 2026 · MoneyMakers

Editorial illustration centered on the name DXO against a simple care-services workspace background.

Acquisitions & ownership· News

T Capital Partners says fund-managed vehicle acquired care-services provider DXO

T Capital says a vehicle managed and operated by its funds has acquired DXO, whose Pro-Support! service combines software with administrative work for Japanese care providers. The investor plans strategy, staffing and marketing support; transaction terms remain undisclosed.

8 Oct 2026 · MoneyMakers

Illustration of a driverless ride-hailing car with the name Waymo.

Funding & fundraising· News

Waymo closes first debt financing with $5 billion term loan

Waymo says it closed its first debt financing, a $5 billion term loan, to support expansion of its autonomous ride-hailing service. The borrowing follows a separate $16 billion equity round in February; Waymo’s October announcement does not state the loan’s interest rate or maturity.

8 Oct 2026 · MoneyMakers

Editorial illustration of an electric transmission line in a wooded landscape, with the names UPPCO and Xcel Energy.

Acquisitions & ownership· News

Axium-owned UPPCO agrees to buy Xcel Energy’s Michigan electric operations

Axium-owned UPPCO has agreed to acquire Xcel Energy’s Michigan electric operations serving about 9,000 customers in Gogebic and Ontonagon counties. The transfer requires regulatory approvals and is expected to close in 2027; Xcel’s gas operations are slated for a separate sale to SEMCO.

8 Oct 2026 · MoneyMakers

Editorial illustration of an industrial motor-drive cabinet beside the names Advanced Industrial Devices and Kohlberg.

Acquisitions & ownership· News

Kohlberg buys majority of Advanced Industrial Devices from Black Bay

The buyout shifts control of an industrial automation supplier to Kohlberg while leaving AID management invested. AID offers motor controls, power-distribution equipment and support services for water systems, data-center cooling and other infrastructure.

8 Oct 2026 · MoneyMakers

Illustration of a woody-biomass generating plant with the name Pacolet Milliken.

Acquisitions & ownership· News

Pacolet Milliken acquires Georgia Renewable Power, roughly tripling biomass capacity

Pacolet says it acquired Georgia Renewable Power and its two northeast Georgia biomass plants. Their stated 116 MW of capacity brings its three-plant Georgia platform to 171 MW; the acquired plants sell electricity to Georgia Power under long-term agreements and renewable-energy credits on the open market.

8 Oct 2026 · MoneyMakers

Illustration of the name Vesta beside an unmarked mortgage document.

Funding & fundraising· News

Vesta raises $30 million Series B with mortgage lenders among investors

Vesta says Conversion Capital led its $30 million Series B and that three lender customers invested. The financing backs mortgage-origination software that assigns work to staff and automated agents.

8 Oct 2026 · MoneyMakers

Editorial illustration of an unmarked cash machine outside a retail storefront.

Acquisitions & ownership· News

CMA considers Brink’s UK sales in proposed NCR Atleos acquisition

The UK competition regulator is reviewing Brink’s offer to sell NoteMachine and TestLink’s UK business to address concerns about its proposed acquisition of NCR Atleos. It has not formally accepted the undertakings or cleared the deal.

8 Oct 2026 · MoneyMakers

Editorial illustration centered on the name Ally Technical with a simplified medical-imaging equipment backdrop.

Acquisitions & ownership· News

FFL Partners invests in newly rebranded Ally Technical to expand medical-equipment services

The investment backs a medical-equipment servicer that reports a large U.S. imaging footprint and plans to expand beyond contrast injectors. Financial terms were not disclosed.

8 Oct 2026 · MoneyMakers

Editorial illustration featuring the name Startbutton and an unmarked payment card.

Startups & growth· News

Startbutton opens Trot beta for African payments, with production access gated

Startbutton opened early access to Trot on October 6, 2026. Businesses can test its payment, treasury, currency-conversion and payout workflow in a sandbox; production use requires verification. Conversion and settlement remain manual in the beta.

8 Oct 2026 · MoneyMakers

Editorial illustration pairing the names Symmetric Health Solutions and Spectrum Equity with unmarked hospital supplies.

Funding & fundraising· News

Spectrum Equity backs Symmetric Health Solutions’ hospital-data expansion

Symmetric Health Solutions announced its first institutional investment, from Spectrum Equity, on October 6, 2026. The company plans to expand its customer-facing teams and develop products beyond its hospital item-data platform. Neither the investment amount nor the stake was disclosed.

8 Oct 2026 · MoneyMakers

Editorial illustration featuring the names Altaris and Clarivate beside an unmarked tablet.

Acquisitions & ownership· News

Altaris completes $600 million purchase of Clarivate’s life-sciences business

An Altaris affiliate completed its purchase of Clarivate’s Life Sciences & Healthcare business on October 6, 2026. Clarivate reported $500 million in cash at closing, subject to adjustments, plus a $75 million senior note; another $25 million is deferred. The price components were disclosed in July, when the deal was announced.

8 Oct 2026 · MoneyMakers

Previous1…161718…24NextPage 17 of 24