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Bloom Raises $3.6M Oversubscribed Seed Round Led by SNAK Venture Partners to Bring Hardware Supply Chains Online
DETROIT--(BUSINESS WIRE)--Bloom, the AI-native marketplace for hardware supply chains, today announced an oversubscribed $3.6 million seed round led by SNAK Venture Partners, with participation from Flyover Capital, Mana Ventures, Detroit Venture Partners (DVP), Family VC, Invest Detroit Ventures (IDV), the Michigan Outdoor Innovation Fund (MOIF), TechNexus and Service Provider Capital (SPC). America is reindustrializing, but the supply chains behind it still run on limited personal networks an...
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Sunny Health & Fitness Expands Home Fitness Lineup with New Pilates, Cardio, and Training Equipment
INDUSTRY, Calif.--(BUSINESS WIRE)--Sunny Health & Fitness, a trusted provider of home fitness equipment and training solutions, announces an expansion of its home fitness lineup with new equipment across Pilates, cardio, strength, wellness, and functional training. The expansion marks Sunny’s entry into the Pilates reformer category, while also introducing new lateral steppers, cardio equipment, weighted vests, and balance-training accessories. Together, the launches give customers more way...
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Helm.ai Signs $70 Million in Commercial Contracts as Its Foundation-Model Platform Expands Beyond Automotive into Industrial Automation and Robotics
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Helm.ai, the foundation-model software company for physical AI, today announced that it has signed $70 million in commercial contracts over a 12-month period, spanning global automotive OEMs, Tier 1 suppliers, and industrial automation companies. The company is on a path to operating breakeven as it carries production-bound automotive programs toward the start of production. This combination of commercial scale and capital efficiency differentiates Helm.ai...
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Audax Private Equity Completes Sale of Rensa Filtration
BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Audax Private Equity agrees to sell Rensa Filtration....
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Certerra Expands Northeast Presence Through Acquisition of Universal Testing & Inspection Services
WEST BABYLON, N.Y. & LAS VEGAS--(BUSINESS WIRE)--Certerra today announced the acquisition of Universal Testing & Inspection Services (“Universal” or the “Company”), a New York-based provider of geotechnical drilling, special inspections, construction materials testing and laboratory services for public infrastructure, building construction and heavy civil construction projects. The acquisition strengthens Certerra's position in the Northeast and expands its ability to support clients with a...
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SurGenTec® Enters Exclusive License Agreement with Allevion Medical for Vantage™ Spinal Decompression System
BOCA RATON, Fla.--(BUSINESS WIRE)--SurGenTec®, a privately held medical device company focused on advancing treatment options for orthopedic and spine surgery, today announced that it has entered into an exclusive license agreement with Allevion Medical for its patented Vantage™ spinal decompression technology. Under the terms of the agreement, SurGenTec® has secured exclusive rights to Allevion Medical's Vantage™, a fully disposable, sterile system designed to simplify and enhance minimally in...
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KIOXIA Showcases Game-Changing Scalability for AI Data Storage at OCP Global Summit
SAN JOSE, Calif.--(BUSINESS WIRE)--Kioxia will be at the Open Compute Project (OCP) Global Summit next week....
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Torus Named One of Fast Company's 2026 Next Big Things in Tech
SALT LAKE CITY--(BUSINESS WIRE)--Fast Company has recognized Torus in its 2026 Next Big Things in Tech awards in the Energy and Sustainability category. Torus is one of three companies honored as a Mid-Market Maverick, a distinction for companies with 100 to 499 employees. Torus builds energy storage systems that can help boost grid capacity and more smoothly address sudden shifts in demand. Fast Company recognized Torus for helping utilities manage those fast-moving loads. Torus systems pair a...
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Morse Micro Expands Wi-Fi HaLow Design Partner Program to India with Zilogic Systems
IRVINE, Calif. & SYDNEY--(BUSINESS WIRE)--The partnership establishes Morse Micro's first Design Partner presence in India for Wi-Fi HaLow....
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All Roads Lead to Texas: 15th Annual Texas Life Science Forum to Bring Together Biotech’s Builders and Backers on Nov. 10 in Houston
HOUSTON--(BUSINESS WIRE)--The Rice Alliance for Technology and Entrepreneurship and BioHouston today announced that the 15th Annual Texas Life Science Forum is set for Tuesday, Nov. 10, at McNair Hall at Rice University. The Forum will bring together entrepreneurs, investors, industry executives, and academic and clinical leaders from Texas and nationwide to focus discussion on the promising science and technology in the state that serves as the backbone for new businesses and is an overall dri...