Releases

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Assort Health Hits $1.2 Billion Valuation to Scale AI Patient Agents

San Francisco-based Assort Health has secured $120 million in Series C funding led by Menlo Ventures, pushing the company’s valuation to $1.2 billion. The startup, which utilizes proprietary AI to automate administrative workflows like scheduling and referrals, has now raised over $222 million to expand its healthcare operations platform.

Netgain Unveils AI-Native Consolidation Engine at Denver Summit

More than 200 accounting professionals gathered in Denver on June 18 for Netgain’s Second Annual Accounting Summit, where the firm previewed an AI-native consolidation engine. The platform aims to move complex financial workflows off spreadsheets, signaling a shift in how firms handle non-controlling interests and multi-entity hierarchies.

ELEGOO Enters Multicolor Market with Budget-Friendly Centauri 2 Series

Shenzhen-based manufacturer ELEGOO is pushing into the competitive multicolor 3D printing space with the launch of its Centauri 2 Series. By combining an open-frame CoreXY design with its proprietary CANVAS four-color filament system, the company aims to lower the barrier to entry for high-speed, automated additive manufacturing.

ADC Therapeutics to Cut 17% of Workforce to Preserve ZYNLONTA Pipeline

Lausanne-based ADC Therapeutics is slashing its global workforce by 17 percent to streamline operations and secure financial stability. The strategic pivot aims to prioritize the ZYNLONTA franchise, ensuring the company maintains the necessary resources to navigate upcoming regulatory milestones and clinical trial commitments through 2028.

Alfred Ramosedi Named 93rd CIMA President

Alfred Ramosedi has been elected as the 93rd President of The Chartered Institute of Management Accountants, assuming the role at the organization’s Annual General Meeting on June 24, 2026. He will also serve as the 11th Co-Chair of the Association of International Certified Professional Accountants, a global alliance with the AICPA.

Virginia Delegate Vivian Watts Honored for Music Education Advocacy

Virginia Delegate Vivian Watts has been named the 2026 Music Education Champion by the National Association for Music Education, recognizing her pivotal role in establishing a state diploma seal for excellence in fine arts and her sustained efforts to integrate music into the core academic experience for students.

Mlink Begins Live Testing of IoT-NTN Chipset on Iridium Network

Mlink Technology has moved its MS150-IR chipset into live, over-the-air testing using the Iridium NTN Direct service. This milestone marks a significant step in expanding the ecosystem for 3GPP standards-based satellite connectivity, with both companies aiming for commercial certification and product availability by the end of 2026.

CalciMedica Raises $49 Million to Advance Pulmonary Hypertension Drugs

CalciMedica has secured approximately $49 million in a private placement financing to accelerate its pulmonary hypertension pipeline. The La Jolla-based biopharmaceutical firm intends to use the capital to fund a Phase 1b study of its intravenous drug Auxora and move its oral candidate, CM5480, toward clinical trials.

OpsGuru Launches Accelerator to Speed AI Infrastructure Deployment

While Canadian AI adoption has climbed 33 percent over the past year, fewer than one in six enterprises have successfully integrated the technology into their core operations. Toronto-based OpsGuru is now targeting this implementation gap with a new tool designed to cut data infrastructure build times by up to 80 percent.

Corvention Begins U.S. Rollout of KardiaPSI Catheter

Flagstaff-based medical device firm Corvention has initiated the limited commercial launch of its KardiaPSI balloon catheter in the United States. The milestone follows the platform's recent FDA 510(k) clearance, marking a shift toward broader clinical adoption for the structural heart technology after its successful domestic debut in Missouri.

OpsGuru Launches AWS Lakehouse Accelerator to Slash Data Build Times

Canadian businesses are struggling to bridge the gap between AI ambition and operational reality, with fewer than one in six achieving meaningful transformation. Toronto-based OpsGuru is now targeting this bottleneck with its Energy Lakehouse Accelerator, a platform designed to cut data infrastructure deployment from a year down to weeks.

MSC Income Fund nets $11.6 million gain from Centre Technologies exit

A majority recapitalization of Houston-based IT provider Centre Technologies has triggered a significant windfall for MSC Income Fund. The firm finalized its exit from both debt and equity positions in the company, netting a realized gain of $11.6 million and closing a seven-year partnership that began in 2019.

Beyond Performance: Why Trust is the New EV Currency

As the electric vehicle revolution shifts from early adopters to the mainstream, the industry's focus is pivoting away from raw acceleration and range toward long-term reliability. For millions of new buyers, the deciding factor is no longer just the hardware, but the depth of the warranty backing their investment.

Viking Therapeutics Begins Human Trials for New Weight-Loss Candidate

Viking Therapeutics has launched a Phase 1 clinical trial for VK3019, an experimental drug designed to treat obesity by targeting amylin and calcitonin receptors. The move marks a significant step in the company’s efforts to diversify its metabolic pipeline beyond its current GLP-1 and GIP agonist programs.

REGENXBIO Completes Dosing for Duchenne Gene Therapy Study

REGENXBIO has finished dosing in its confirmatory study for RGX-202, a gene therapy candidate for Duchenne muscular dystrophy, ahead of schedule. This progress allows the Rockville-based biotechnology firm to move forward with plans for a Biologics License Application submission to the FDA in the third quarter of 2026.

American Freedom Initiative Unveils 250th Anniversary DC Gala

As the nation approaches its 250th anniversary, the American Freedom Initiative has unveiled a series of high-profile events in Washington, D.C., scheduled for July 3–4, 2026. The weekend program aims to offer a premium, curated experience for patriots to commemorate the country's founding principles in the capital city.

RelaxPLX Gains Regulatory Approval in South Korea and Canada

Monteloeder, a subsidiary of SUANNUTRA, has secured two significant regulatory wins for its lemon verbena extract, RelaxPLX. The ingredient received individual license approval for sleep quality support from South Korea’s Ministry of Food and Drug Safety, alongside a new Product License in Canada covering multiple sleep and stress-related health claims.

Luka Dončić Launches Global Grant Program to Combat Youth Sports Dropout

Luka Dončić is targeting the financial hurdles that force teenagers out of organized athletics, launching a three-year grant initiative today. The Stay in Play program will award up to $25,000 to 77 young athletes, providing a lifeline for those aged 12 to 15 who face economic barriers to their continued development.

Digital Twin Market Poised to Reach $328 Billion by 2033

The global digital twin market is set for an aggressive expansion, with projections indicating a valuation of $328.5 billion by 2033. Driven by a 31.1% compound annual growth rate, the sector is rapidly evolving from a niche industrial tool into a core component of enterprise-wide digital strategies.

Edward Jones Integrates Carefull Platform to Combat Financial Fraud

Edward Jones has launched a commercial partnership with the financial safety platform Carefull, offering U.S. clients complimentary access to real-time tools designed to detect scams and manage caregiving risks. The initiative, bolstered by a direct venture capital investment, aims to provide an extra layer of oversight against rising identity theft and fraud.

Specialty Fertilizer Market Projected to Reach $45.49 Billion by 2031

The global specialty fertilizers market is poised for significant expansion, with valuations expected to climb from $32.29 billion in 2026 to $45.49 billion by 2031. Driven by a 7.1% compound annual growth rate, this shift reflects a broader agricultural move toward precision farming and high-efficiency nutrient management systems.

CRŪ Winery Expands Annual Chowder Cook-Off to National Stage

Two finalists will trade their home kitchens for the Santa Lucia Highlands this August, as CRŪ Winery opens its third annual Chowder Cook-Off to recipe submissions from across the United States. The competition seeks the perfect culinary match for the winery’s single-vineyard Chardonnays.

Main Street Capital Locks in 40% Return on Centre Technologies Exit

Main Street Capital has finalized its exit from Centre Technologies Holdings, securing a $46.4 million realized gain on its equity position. The Houston-based investment firm, which first partnered with the IT services provider in 2019, saw its total equity investment yield a 40.1% internal rate of return.

Smoothie King Targets Northeast Growth With Penfield Launch

Smoothie King is accelerating its northern expansion, reporting an 85% increase in locations across the Northeast and Midwest over the past five years. The brand's latest move centers on Penfield, New York, where local entrepreneur Mohammed Waqas Akram is opening the first of three planned regional stores.

LRTS Solutions Secures 20-Year GSA Contract for Federal Services

With the ink barely dry on a new 20-year General Services Administration Multiple Award Schedule contract, the LRTS Solutions joint venture is positioning itself as a primary contractor for federal agencies. The SBA-approved partnership between Lindahl Reed and TechSource now offers a streamlined procurement path for high-stakes national security and nuclear engineering projects.

Blood Cancer United and BeOne Medicines Expand Three-Year Partnership

A fresh $5 million investment from BeOne Medicines will fuel a three-year expansion of patient support services at Blood Cancer United. The collaboration aims to broaden access to educational resources and community programs, targeting a ambitious organizational goal of adding one million years of life to patients by 2040.

Full Circle Lithium Demonstrates Battery Fire Suppression at Naval Academy

At the United States Naval Academy in Annapolis, a scooter battery erupted in controlled thermal runaway, only to be extinguished by FCL-X™ technology. The live-fire demonstration, held on May 6, signaled Full Circle Lithium’s aggressive push into the lucrative U.S. military and federal procurement sector.

Riboli Family Wines Expands Spritz Lineup to Capture Daytime Drinking

As daytime social gatherings and brunch culture displace traditional late-night drinking habits, Los Angeles-based Riboli Family Wines is launching a new Hugo Spritz. The fourth-generation company is betting on the viral popularity of the elderflower-and-mint cocktail to anchor its latest expansion of the ready-to-serve Spritz Del Conte brand.

Pulsenmore and Ouma Health Partner to Bring Ultrasound Into the Home

Thirty-five percent of U.S. counties currently qualify as maternal care deserts, leaving expectant mothers with limited access to essential monitoring. To bridge this geographic divide, Israel-based Pulsenmore is integrating its FDA-authorized home ultrasound technology into the virtual maternity care platform operated by Ouma Health.