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The MoneyMakers newsroom

Latest edition 8 Oct 2026

Business & startup news, page 39

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

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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

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

Opening story

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

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

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

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