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The MoneyMakers newsroom

Latest edition 20 Oct 2026

Business & startup news, page 8

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

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Conceptual illustration of a woman showing a phone wallet to a delivery worker holding a payment card, with parcels and a van nearby.

Funding & fundraising· News

Vrtx raises $3.6 million to build embedded-finance tools in Saudi Arabia

Vrtx said it raised $3.6 million in pre-seed funding for tools that let businesses add wallets, payouts and cards to their products. Its October 19 funding post reports in-principle approval for a Saudi electronic-money-institution licence, while its privacy policy updated October 14 calls the company licensed by the Saudi Central Bank. The reviewed records do not reconcile those descriptions.

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20 Oct 2026 · MoneyMakers

Conceptual illustration of a phone caller connected through an AI assistant to a headset-wearing agent at a laptop, beneath the Harmony name.

Startups & growth· News

monday.com launches Harmony voice-sales agents in four countries

monday.com launched Harmony for mid-market and enterprise sales teams in the United States, United Kingdom, Australia and Singapore on October 19, 2026. Its published Pro tier lists a per-minute charge and monthly platform fee, while live transfers appear in the Enterprise tier.

20 Oct 2026 · MoneyMakers

Conceptual illustration of a developer using a laptop beside a cable-connected server rack, with AWS named in the corner.

Industry AI· News

AWS plans TorchNeuron beta to ease PyTorch work on Trainium

AWS announced TorchNeuron, a native PyTorch backend for its Trainium AI chips, with an open-source public beta planned for October 20. Hugging Face describes a simpler route through its standard libraries, while AWS documents limits that still matter when moving a workload.

20 Oct 2026 · MoneyMakers

Conceptual illustration of two coworkers at laptops connected by a path of email and document icons, with Town named above.

Funding & fundraising· News

Town announces $108 million Series B to expand AI assistants across teams

Town announced a $108 million Series B co-led by Forerunner Ventures and Menlo Ventures. Menlo puts the AI work-assistant company’s valuation at $1 billion. Town is extending its individual assistants into workflows that pass questions and tasks between teammates.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a person selecting a wallet payment option while shopping on a laptop, with a wallet icon on a nearby phone and the Checkout.com name above.

Startups & growth· News

Checkout.com plans Samsung Pay for Flow as Samsung payments work expands

Checkout.com says it will extend payment processing for Samsung.com and Galaxy Store to additional EU and North American markets. Samsung Pay is scheduled to join its Flow checkout product on October 31, giving merchants another route to offer the wallet online and in apps.

19 Oct 2026 · MoneyMakers

Conceptual illustration of freight railcars on a track at sunset, with Infinity Transportation named above.

Acquisitions & ownership· News

KKR agrees to sell Infinity Transportation to Ares funds at approximately $2.9 billion enterprise value

KKR and Ares announced an agreement to transfer railcar lessor Infinity Transportation to Ares-managed funds at approximately $2.9 billion enterprise value. Closing is expected in the first quarter of 2027, subject to approvals and other conditions.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a person tapping a smartphone while wearing a wrist device, with Clinical ink named above.

Ownership explained

Acquisitions & ownership· News

Clinical ink brings in Ardan and GI Partners Fund VI as Fund V exits

Clinical ink says Ardan Equity Fund I and GI Partners Fund VI invested new equity as co-control partners, while existing investors including GI Partners Fund V fully exited their prior investments. The company did not disclose the investment amount, valuation or ownership percentages.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a woman talking to a friendly blue character on her phone beside groceries and vegetables in a kitchen.

Funding & fundraising· News

Tolan raises $30 million for AI companion as it plans wider free access

Union Square Ventures says it is leading Tolan’s $30 million financing. The consumer AI companion plans wider free access, while its reported revenue and retention growth must be weighed against the cost of serving users.

19 Oct 2026 · MoneyMakers

Conceptual illustration of operators monitoring a drone through laptops and a ground device, with arcs suggesting connected systems above a rural landscape.

Startups & growth· News

Auterion and Project Q connect drone mission control to HYDRIS integration platform

Auterion says a new two-way connector links its Mission Control software to Project Q’s HYDRIS, passing sensor detections, drone positions and tasking commands between the systems. The announcement identifies no customer deployment of the combined products.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a domed power facility beside a substation and transmission lines, with X-energy named in the sky.

Startups & growth· News

X-energy and AEP agree to assess Indiana reactors with Amazon funding

X-energy and American Electric Power have agreed to assess a proposed 12-reactor, 960-megawatt project in Indiana. Amazon is providing development funding and intends to buy power if the plant operates. AEP would own and operate it, but feasibility work, approvals and financing decisions remain ahead.

19 Oct 2026 · MoneyMakers

Business automation· News

Pax8 introduces 8os and 8bot for partner-managed small-business AI

Pax8 has announced a platform for IT providers to manage customer AI alongside a coworker they could offer as a managed service. Access remains limited, and Pax8’s announcement and product page give different indications of when 8bot access begins.

19 Oct 2026 · MoneyMakers

Conceptual illustration of two people working beside a server rack, one tending the equipment and the other reviewing blank papers, with the name Deliverance AI at upper left.

Business automation· News

Deliverance AI says its agent software was validated on HPE Private Cloud AI

Deliverance AI says its software for controlled enterprise AI workflows has been validated on HPE Private Cloud AI. The October 19 announcement advances a partnership disclosed in June, but its customer results come from unnamed deployments and have not been independently confirmed.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a modern healthcare property with a covered entrance and landscaped driveway, beneath the name Primary Health Properties.

Ownership explained

Acquisitions & ownership· News

Primary Health Properties agrees GIC hospital venture, expects £500m cash for debt

Primary Health Properties has agreed conditionally to put 27 private hospitals into a 50:50 venture with GIC. PHP expects approximately £500 million in immediate cash proceeds for debt repayment, while retaining half the venture and managing its properties. Completion depends on finalising a secured debt facility.

19 Oct 2026 · MoneyMakers

Conceptual illustration of server hardware, loose computing modules and a chip-design diagram beneath the Tenstorrent name.

Funding & fundraising· News

Tenstorrent closes $1.5 billion Series E to expand Galaxy servers and chip licensing

Tenstorrent says it closed a $1.5 billion Series E at a $6.2 billion post-money valuation, led by Trace Capital and Innovation X. It plans to scale Galaxy server deployments and develop chip designs for licensing, but the announcement gives no current revenue, order total or shipment volume.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a hand connecting a device beneath a car dashboard, with branching lines leading toward two people holding phones.

Startups & growth· News

Miles Labs launches car-monitoring plug with $279 first-year purchase

Miles Labs has launched a plug-in car monitor for families. Its advertised $99 device requires a prepaid membership; the one-year package costs $279 upfront. Vehicle compatibility and crash detection have limits, and the company has not disclosed customer or sales figures.

19 Oct 2026 · MoneyMakers

Conceptual illustration of two people discussing a medicine package beside a map of regional routes, with NewBridge Pharmaceuticals named above.

Acquisitions & ownership· News

DKSH agrees to buy NewBridge Pharmaceuticals at $390 million enterprise value

DKSH has agreed to acquire Dubai-based NewBridge Pharmaceuticals, a drug-commercialization business operating across 14 Middle East and North Africa markets. The $390 million figure is an enterprise value, and the acquisition remains subject to closing conditions.

19 Oct 2026 · MoneyMakers

Conceptual illustration of two healthcare workers preparing equipment in a hospital room beneath the Even Healthcare name.

Funding & fundraising· News

Even Healthcare reports $50 million Series B to expand Bengaluru hospitals

TechCrunch and Mint reported the financing on October 19 after Mint described the raise as still pending in July. Khosla Ventures led, with Alpha Wave participating. Even plans to spend heavily on hospitals, but the October reports give different targets for how many it will operate.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a waste-collection worker beside a truck lifting a green bin, with three bins nearby and the Cleanaway name above.

Acquisitions & ownership· News

EQT-backed bidder signs conditional Cleanaway buyout at A$3.095 a share

Cleanaway has signed a scheme deed with EQT-backed Sedum Group under which Sedum would acquire all Cleanaway shares. The A$3.095-per-share cash consideration can be reduced by further dividends, and the proposed buyout still needs shareholder, court and regulatory approvals.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a vial beside two viral-vector-like particles sending colorful molecules toward a large cutaway cell, with Nouscom’s name above.

Funding & fundraising· News

Nouscom closes €120 million Series D to advance planned Lynch syndrome trial

Nouscom says its closed Series D will fund development of its investigational NOUS-209 immunotherapy through a planned global trial intended to support an application for regulatory approval. M Ventures and Revelation Partners co-led the round; Angelini Industries, the European Investment Bank and Neva SGR joined as new investors.

19 Oct 2026 · MoneyMakers

Conceptual illustration of a person reviewing desert-scene storyboard images spread across a table, with Popcorn AI Studio named above.

Funding & fundraising· News

Popcorn AI Studio announces $1 million pre-seed for AI filmmaking tools

Popcorn AI Studio announced a $1 million pre-seed package led by Mohammed Bin Bouta Alharsoosi. Popcorn AI Studio's published video-production plans show an offering aimed at creators and commercial teams, but neither the announcement nor the company site supplies customer or revenue figures.

19 Oct 2026 · MoneyMakers

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