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The MoneyMakers newsroom

Latest edition 19 Oct 2026

Business & startup news, page 9

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

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Conceptual illustration of a clinician and another hospital staff member speaking with a patient beneath the Even Healthcare name.

Startups & growth· News

Even Healthcare says two Bengaluru hospitals reached operational profitability excluding depreciation

Co-founder Mayank Banerjee says both hospitals reached the site-level measure within a year of opening and that Even plans five more in Bengaluru. The second opening and the operating results have not been independently confirmed by hospital-level records.

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19 Oct 2026 · MoneyMakers

Conceptual illustration of a fuel pump and tanker truck near storage tanks, with Amsons Group named above.

Acquisitions & ownership· News

Amsons Group agrees to buy Oryx Energies’ Tanzanian fuel business

Oryx Energies has agreed to sell its Tanzanian downstream oil business to Amsons Group. The proposed transfer includes key service stations, storage terminals and distribution infrastructure, but completion requires regulatory approvals and other customary conditions.

19 Oct 2026 · MoneyMakers

Conceptual illustration of two dry-cleaning workers reviewing a planning board beside a rack of covered garments, with Magnoli’s name above.

Startups & growth· News

Magnoli adds payroll processing to dry-cleaning software, plans limited rollout

Magnoli Technologies says its software will handle direct deposits, pay stubs and payroll-tax filing after dry-cleaning managers approve a pay period. The company plans to start with select customers in the fourth quarter of 2026; it has not given a date for broader availability.

19 Oct 2026 · MoneyMakers

Conceptual illustration of an Anthropic-labeled desk scene with a laptop showing empty conversation bubbles beside blank papers and an open folder.

Acquisitions & ownership· News

Anthropic proposes committing 5% of its shares to a public-benefit fund

Anthropic says a proposed 5% share commitment to a new public-benefit fund is subject to stockholder approval. The company has not disclosed the fund's detailed governance or the valuation milestones that could expand its stake.

18 Oct 2026 · MoneyMakers

Conceptual illustration of green network cables plugged into rack equipment beside server cabinets, with NL-ix named at the upper left.

Acquisitions & ownership· News

NL-ix buys STHIX from Glesys as seller refocuses on cloud and data centers

NL-ix announced its acquisition of Swedish internet exchange STHIX on October 16, 2026. Glesys says the sale lets it focus on cloud services and data centers; wider access for exchange customers remains a plan.

18 Oct 2026 · MoneyMakers

Conceptual illustration of a worker arranging multicolored wire harnesses and electrical connectors beside the NN name.

Startups & growth· News

NN launches cable-assembly and wire-harness business centered in Juárez

Precision-parts maker NN has announced a cable-assembly and wire-harness business with production to be centered in Ciudad Juárez, Mexico. A June 2024 presentation already described Connect and Protect in the electrical-harness and bus-bar area, but the documents do not establish how that line relates to the newly announced business. The October announcement does not disclose customers, orders or revenue for the new business.

18 Oct 2026 · MoneyMakers

Conceptual illustration of two people planning over a terrain map with linked miniature soldiers and tanks, beneath the name Cogknit Semantics.

Acquisitions & ownership· News

Zen Technologies agrees to buy 51.98% of Cogknit Semantics for up to ₹135.15 crore

Zen Technologies has signed a conditional deal for control of battlefield-systems developer Cogknit Semantics. The proposed payment covers both existing shares and newly issued shares; Zen's filing reports Cogknit turnover falling across three financial years.

18 Oct 2026 · MoneyMakers

Conceptual illustration of a woman presenting a card to a desktop reader at an office workstation, with HID branding on the wall.

Acquisitions & ownership· News

Vista agrees to buy HID’s PKI unit, which had $58 million in 2025 sales

Vista Equity Partners has agreed to buy HID’s Public Key Infrastructure business unit from ASSA ABLOY. The seller reported $58 million in 2025 sales for the unit; the purchase price was not disclosed, and the transaction is expected to close in the fourth quarter of 2026.

18 Oct 2026 · MoneyMakers

Conceptual illustration of a humanoid robot carrying lumber at a construction site beside a drawing of simulated and on-site robot work.

Funding & fundraising· News

Shimizu completes Noble Machines investment, plans construction robot trials

Shimizu says it has invested in Noble Machines and plans to move from construction-task simulations in 2026 to physical robot tests at construction sites in spring 2027. It disclosed neither the investment amount nor its ownership stake.

18 Oct 2026 · MoneyMakers

Conceptual illustration of a wheeled cleaning robot spraying a stainless-steel conveyor in an industrial plant, with CleanBotix named above.

Funding & fundraising· News

Intralox invests in CleanBotix to expand food-plant sanitation robots

Intralox announced an investment in CleanBotix to support production of its Rosie cleaning robot and a partnership to develop products for more sanitation tasks.

18 Oct 2026 · MoneyMakers

Conceptual illustration of a satellite-like payload inside a rocket beside a launch tower at sunset, with RATLOG named in the sky.

Startups & growth· News

RATLOG claims $400 million in launch reservations, but terms remain undisclosed

RATLOG says it has signed launch-reservation agreements worth $400 million. TU Dresden earlier described customer letters of intent. Neither account establishes how much customers have paid or whether the descriptions refer to the same commitments.

18 Oct 2026 · MoneyMakers

Conceptual illustration of a shop worker adjusting an electric bicycle’s saddle for a customer beneath the Velotric name.

Funding & fundraising· News

Velotric completes RMB 200 million Series C as it plans exoskeletons and golf carts

Velotric's financial adviser announced a completed RMB 200 million Series C for technology development, new product categories and its global organization. Exoskeletons and golf carts are plans, not established sales lines.

18 Oct 2026 · MoneyMakers

Conceptual illustration of an apron-clad worker handling flatbread beside trays and ingredients, with the name Rispo Group.

Acquisitions & ownership· News

Bluegem agrees to buy Rispo Group, with managers set to retain a minority stake

Bluegem Capital Partners has signed an agreement to acquire Italian frozen-food producer Rispo Group from Europe Capital Partners-managed funds. Rispo’s managers plan to reinvest, and closing remains conditional. The buyer sees Rispo’s foodservice and retail business as a base for expansion across Europe.

18 Oct 2026 · MoneyMakers

Conceptual illustration of two construction workers reviewing plans and documents beside an unfinished building, with Masin AI named above.

Startups & growth· News

Masin AI rolls out construction-claims software in Oman, citing live project use

An October 15 report describes an Oman rollout of Masin AI’s existing construction-contract platform. The company cites live use by unnamed contractors, but paid adoption and its efficiency benchmark remain unverified.

18 Oct 2026 · MoneyMakers

Conceptual illustration of an accountant reviewing paperwork with a customer beside a laptop, with the Dougs name above them.

Funding & fundraising· News

Dougs announces €50 million Expedition investment for accounting automation

Dougs announced a €50 million follow-on investment from Expedition Growth Capital. The accounting business plans to develop AI-assisted production and local distribution in France. The announcement does not establish how much cash reached its operating business.

18 Oct 2026 · MoneyMakers

Conceptual illustration of two coworkers using a laptop amid connected AI-tool icons and team cards, with the Goodweek name above.

Funding & fundraising· News

Goodweek announces $12 million seed round for managed AI access at smaller businesses

Goodweek announced a $12 million seed round led by Adara Ventures. The company reports nearly 150 customers for its AI-management software and plans to expand sales internationally.

18 Oct 2026 · MoneyMakers

Conceptual illustration of a person scheduling freight on a laptop beside a refrigerated trailer at a loading dock.

Startups & growth· News

Qued says Stevens Transport books thousands of freight appointments weekly with its software

Qued says Stevens Transport is using its Smart Appointments software to book thousands of freight appointments each week after expanding from web bookings to email. The volume, labor savings and accuracy are reported in Qued's announcement, not independently measured in the reviewed sources.

18 Oct 2026 · MoneyMakers

Conceptual illustration of two phones connected through a network of radio-tower symbols by a green call route, with a dashed route ending in an X and the netnumber name above.

Acquisitions & ownership· News

Abry exits netnumber as TNS acquires phone-number intelligence business

Abry says it completed the sale of netnumber to Transaction Network Services on October 15, 2026. The buyer plans to pair netnumber’s number and routing data with its communications services. Neither party disclosed financial terms.

18 Oct 2026 · MoneyMakers

Conceptual illustration of one person speaking toward a smartphone as another views a handbag on a phone, with a flowing ribbon connecting the devices and STEPX named above.

Startups & growth· News

STEPX Neo goes on sale in China with a year of AI-model access bundled

STEPX Neo’s Pioneer Edition went on sale on October 16 for a reported ¥3,999. The package includes the phone, Step AOS, the Step Studio creation tool and 12 months of monthly AI-model allowances. An on-site demonstration showed Amoo using an Alipay service to initiate an order, while access to another named partner’s delivery service was unavailable.

18 Oct 2026 · MoneyMakers

Conceptual illustration of a hard-hatted engineer holding plans and studying ducts and pipes inside an unfinished building, with the Solvera name above.

Funding & fundraising· News

Solvera announces $6.3 million pre-seed to deliver building engineering with AI

The Oslo startup plans to expand its engineering team and establish a London office. It reports more than $1 million in contracted work from its first three operating months, a figure that does not establish recognized revenue or cash collected.

18 Oct 2026 · MoneyMakers

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