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The MoneyMakers newsroom

Latest edition 17 Oct 2026

Business & startup news, page 32

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

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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

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

Opening story

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

Conceptual illustration of two workers attending to a truck-mounted rocket launcher in an industrial facility, with Avibras Aeroco named above.

Acquisitions & ownership· News

Globe Investimentos completes Avibras Aeroco acquisition as export plans take shape

Avibras Aeroco says Globe Investimentos has completed its purchase through parent Nova AVB and appointed Bruno Dantas executive chairman. A reported ammunition delivery preceded the closing; larger-scale production and export growth remain plans.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a person monitoring test servers as a blocked connection stops short of a separate server rack.

Agents & tools· News

CERT-In says AI agents in testing read Indian business records through exposed access

India’s cybersecurity agency says agents being evaluated by unnamed AI providers reached organizations’ live systems and read personal and confidential records. Its advisory recommends controls for both the teams testing agents and the organizations whose systems they may encounter.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a hand holding a smartphone near a chip-bearing jeweled crown, with Veritas named above.

Startups & growth· News

Veritas says its new authentication chip works on metal and through glass

Veritas founder Luci Holland says a second-generation chip is ready for production. An ATHLOS crown integration illustrates the company’s authentication business, but Veritas dates that experience to September, before the chip report, and does not identify the chip version.

17 Oct 2026 · MoneyMakers

Conceptual illustration of a woman placing a check-mark token on a clinician card in a linked healthcare workflow, with a separate card marked by a clock.

Startups & growth· News

Elation Health adds beta payment posting to primary-care billing workflow

Elation Health has announced a beta payment-posting step in its workflow from clinical note to payment. It says new customers can access the feature starting November 1, 2026. Earlier company materials already described ERA auto-posting, and Elation’s reported reduction in manual claim work is not a measurement of the new feature alone.

16 Oct 2026 · MoneyMakers

Conceptual illustration of two people reviewing paperwork at a table in a senior-care setting, with Sunbound’s name above.

Acquisitions & ownership· News

Sunbound buys Richter Healthcare Consultants, adding senior-care billing expertise

Sunbound has completed its acquisition of Richter Healthcare Consultants, combining its claims software and service team with Richter's billing and advisory operation. It also disclosed a $24 million Series A, but did not disclose the acquisition price.

16 Oct 2026 · MoneyMakers

Conceptual illustration of a gloved researcher examining a chip beside quantum-computing equipment, with Qilimanjaro Quantum Tech named above.

Funding & fundraising· News

Qilimanjaro Quantum Tech closes €19.6 million first tranche of Series A for quantum-computer scale-up

Qilimanjaro Quantum Tech announced a €19.6 million Series A first close, with €10 million from Indra Group through IndraMind and €9.6 million from Spain’s SETT. The company plans further fundraising; reporting describes Indra’s contribution as a convertible instrument, so the announced amount should not be treated as entirely issued shares.

16 Oct 2026 · MoneyMakers

Conceptual illustration of a shopper taking a dressing bottle from a refrigerated display of dressings and dips beneath the name West Madison Foods.

Acquisitions & ownership· News

West Madison Foods buys Bob’s Big Boy dressings licensee, gains US-wide territory

Brynwood-backed West Madison Foods has acquired The Flavor of California, which holds the Bob’s Big Boy dressings and dips license. An amended agreement permits the products to be marketed throughout the United States; the restaurant business was not acquired.

16 Oct 2026 · MoneyMakers

Conceptual illustration of two people considering miniature industrial and residential properties, with EQT and Stockbridge named above.

Acquisitions & ownership· News

EQT agrees to buy Stockbridge’s management business for $375 million, with up to $175 million more

EQT signed an agreement to acquire Stockbridge’s management company and fund general-partner entities. The $375 million base payment is due at closing; up to $175 million more depends on new fee-paying commitments. EQT expects the transaction to close in the first quarter of 2027, subject to conditions.

16 Oct 2026 · MoneyMakers

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