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The MoneyMakers newsroom

Latest edition 8 Oct 2026

Business & startup news, page 18

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

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Editorial illustration of the Lighthouse name beside a hotel reception bell.

Startups & growth· News

Lighthouse opens Ernest AI assistant to hotel groups after limited beta

Lighthouse says its Ernest assistant is now generally available to hotel groups, chains and management companies worldwide after a select-customer beta in June. It names three hotel groups using the tool daily, but offers no quantified customer outcomes.

8 Oct 2026 · MoneyMakers

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Editorial illustration featuring Endeavor Catalyst lettering against broad blue and warm-toned fields.

Funding & fundraising· News

Endeavor Catalyst closes $320 million Fund V for co-investments

Endeavor Catalyst has closed a $320 million fifth fund. It invests alongside institutional leads in rounds for companies led by entrepreneurs in Endeavor's network. Its $3.2 billion financing projection describes potential future portfolio-company rounds, not money startups have already received.

8 Oct 2026 · MoneyMakers

Conceptual illustration of a lithium battery pack with the name VoltR.

Funding & fundraising· News

VoltR secures €16 million in equity and €6 million in grants for battery scale-up

VoltR’s announced €22 million financing package pairs investment from Bpifrance’s SPI 2 fund and Decathlon PULSE with Première Usine grants. The French battery remanufacturer plans to enlarge its factory and increase production capacity sixfold within two years; the increase is a target, not current output.

8 Oct 2026 · MoneyMakers

Editorial illustration of the Simulations Plus name beside a simplified molecular model

Acquisitions & ownership· News

Altaris closes Simulations Plus buyout and combines it with Chemical Computing Group

Altaris completed its acquisition of Simulations Plus on October 6, taking the drug-development software company private. Its closing filing values the transaction at approximately $376.8 million, while Altaris says it has completed a combination with its existing operating company, Chemical Computing Group.

8 Oct 2026 · MoneyMakers

Editorial illustration of an unmarked mobile wallet beside the names Sumsub and MiniPay.

Startups & growth· News

Sumsub launches reusable KYC Gateway with MiniPay as first live integrator

Sumsub says MiniPay is the first live integrator of its new Gateway, which lets wallet users authorize identity-data sharing with regulated partner services. Each partner still runs checks against its own requirements. Sumsub’s reported onboarding improvements have no disclosed sample size or measurement period.

8 Oct 2026 · MoneyMakers

Conceptual illustration of the name Mecka AI against broad abstract background shapes.

Funding & fundraising· News

Mecka AI raises $60 million Series B to expand robotics data and deployment work

Mecka AI announced a $60 million Series B led by Sequoia Capital. It says the capital will expand its data infrastructure, research and commercial robot deployment work; its customer and revenue claims remain company-reported.

8 Oct 2026 · MoneyMakers

Conceptual illustration featuring the name Vitalize against an abstract hospital setting.

Funding & fundraising· News

Vitalize raises $31 million to expand hospital staffing and capacity tools

Vitalize announced a $31 million Series A led by Oak HC/FT. Its software helps hospitals match staffing to changing demand, and the company says the funding will support deployment teams and patient-throughput models. Published descriptions of its health-system footprint use different measures and do not establish one comparable customer total.

7 Oct 2026 · MoneyMakers

Editorial illustration of a convenience store with the names Co-op Group and Southern Co-op.

Acquisitions & ownership· News

CMA names Co-op Group and Southern Co-op businesses proposed for sale

A CMA decision published October 7 identifies 15 convenience stores and two funeral homes in Co-op Group's proposed remedy for its completed Southern Co-op acquisition. The regulator disclosed the proposed totals in September but had not named the sites. It has not accepted the undertakings or identified purchasers.

7 Oct 2026 · MoneyMakers

Editorial illustration featuring the names V-Key and CloudsineAI against a dark blue background.

Acquisitions & ownership· News

V-Key announces majority investment in CloudsineAI to pair identity and AI security

V-Key announced a majority investment in Singapore-based CloudsineAI on October 6, 2026. The companies plan to combine digital-identity and AI-security tools. An earlier public-sector contract offers a view of CloudsineAI’s customer work, but its announced scope is not evidence of completed deployment.

7 Oct 2026 · MoneyMakers

Editorial illustration of an industrial robotic arm beside a workpiece on a production line.

Acquisitions & ownership· News

RobCo says share transaction and new investment put valuation above $1 billion

RobCo says a transaction brings new investment into the industrial robotics company while offering long-standing employees a chance to sell shares. It disclosed neither the transaction's size nor the split between company investment and employee liquidity.

7 Oct 2026 · MoneyMakers

Illustration of an unmarked semiconductor chip with subtle colors suggesting heat analysis.

Funding & fundraising· News

Vinci announces $250 million Series B to expand physics simulation

Vinci announced a $250 million Series B at a $1.5 billion valuation. The financing backs a move beyond semiconductor simulation, but Reuters’ account of two pilot deployments and Vinci’s claims of production-program use do not establish a current customer total.

7 Oct 2026 · MoneyMakers

Illustration of insulation fitted between wooden joists in an unfinished attic.

Acquisitions & ownership· News

Quad-C-backed SEI Group acquires Greenhome Specialties, enters Utah

SEI Group says its acquisition of insulation installer Greenhome Specialties is its first entry into Utah. SEI reports 17 acquisitions since its 2021 recapitalization with Quad-C Management, up from the 16 it reported in a February 2025 announcement. The purchase terms were not disclosed.

7 Oct 2026 · MoneyMakers

Editorial illustration centered on the name Procuros against simplified commerce shapes.

Funding & fundraising· News

Procuros announces €20 million Series A led by XAnge for supply-chain platform

XAnge announced that it led Procuros’s €20 million Series A on October 6, 2026. XAnge says the supplier-retailer connectivity company serves more than 300 customers across DACH and the UK and handles over €3 billion in annualized order volume, which is not Procuros revenue.

7 Oct 2026 · MoneyMakers

Illustration of croissants on an industrial bakery production line.

Acquisitions & ownership· News

CMA accepts Vandemoortele undertakings requiring UK sale after Délifrance deal

The UK competition regulator accepted final undertakings on October 6, 2026, requiring Vandemoortele to sell its Worcester pastry plant and related UK sales business. The Délifrance acquisition closed in 2025; the separate UK disposal still needs an approved purchaser and CMA approval of its final terms.

7 Oct 2026 · MoneyMakers

Editorial illustration with the name Hadrian beside an unmarked server rack.

Funding & fundraising· News

Hadrian raises $40 million to expand its security-testing business

Hadrian announced a $40 million round co-led by Forgepoint Capital International and SmartFin. The Amsterdam cybersecurity company says it will expand across EMEA and the United States and invest further in engineering and research.

7 Oct 2026 · MoneyMakers

Editorial illustration of the name Vates beside an unmarked server rack.

Funding & fundraising· News

Vates raises €30 million from IRIS and Bpifrance for virtualization expansion

Vates announced its first funding round on October 6, 2026. The French open-source virtualization company says it will invest in its technology, international sales and partners, while its co-founders remain majority shareholders.

7 Oct 2026 · MoneyMakers

Illustration of the name Melius above a creative workspace with unmarked image and video frames.

Funding & fundraising· News

Melius announces $20 million Series A for creative AI platform

Melius says CRV led a $20 million Series A, bringing its announced funding to $25 million including an earlier seed round. The company is financing a creative-production platform built after it abandoned an advertising-spend product.

7 Oct 2026 · MoneyMakers

Conceptual illustration of a stellarator coil identified with Type One Energy.

Funding & fundraising· News

Type One Energy completes $200 million Series B for stellarator development

Type One Energy says its completed $200 million Series B will advance FusionDirect and Project Infinity in Tennessee. Its chief executive estimates the financing brings the company about halfway toward paying for its proposed commercial fusion plant.

7 Oct 2026 · MoneyMakers

Conceptual illustration centered on the name Wiremind with travel and event-industry shapes.

Funding & fundraising· News

Wiremind raises €35 million in first outside round, with founders retaining control

Wiremind announced its first external funding round on October 6, 2026, naming IronWave, Bpifrance Large Venture and Seaya Andromeda as incoming investors. The transport and events software company plans international expansion and further AI development. Its founders remain majority shareholders; valuation and individual investor contributions were not disclosed.

7 Oct 2026 · MoneyMakers

Editorial illustration of a spirulina-based food ingredient beside a prepared meal.

Funding & fundraising· News

Edonia secures €15 million financing for planned spirulina protein facility

Edonia announced a €15 million financing package on October 6, 2026, to support a planned French facility for its spirulina-based food ingredient. Investors report first customer deliveries and €30 million in pre-orders, but the new facility is not yet operating.

6 Oct 2026 · MoneyMakers

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