Softcat to Buy General Datatech for $1.05 Billion
Softcat will acquire General Datatech from H.I.G. Capital at an enterprise value of $1.05 billion. The transaction is expected to close by the end of the first quarter of 2027.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Softcat will acquire General Datatech from H.I.G. Capital at an enterprise value of $1.05 billion. The transaction is expected to close by the end of the first quarter of 2027.
Healthcare Triangle will serve as the US technology and capital markets partner for the Kanzun-ARCB Growth Fund, which connects Malaysian healthcare companies with Middle Eastern investors and potential US market opportunities.
Magentic raised an $18 million Series A led by Felicis to expand its AI agents for procurement and supply chain operations.
Terragrit secured a strategic investment from National Grid Partners to expand its operational modeling software for energy and utility companies.
Overfuel received a $6 million growth equity investment from Comedor Capital to develop products using AI, recruit staff and support expansion.
Viabot raised a $24 million Series A to expand its autonomous outdoor property care platform, bringing its total funding to $43 million.
Hello Haven launched its Haven personal AI assistant and raised $15 million in pre seed funding led by Mayfield. The service builds a private memory graph to complete tasks across apps and communication channels.
Adaptive raised a $30 million Series B led by Tidemark to expand its accounting agents for construction companies. The round brings its total funding to $57 million.
Guesty acquired French vacation rental software provider Smily and plans to introduce its AI capabilities and Agent Hub to Smily customers. Financial terms were not disclosed.
Expanse raises $5.3 million in seed funding for software that predicts the computing resources required by AI workloads before they run.
D-Robotics closed a $400 million Series C round to expand its Sunrise chip portfolio and build a software platform spanning robot development.
Rapta raised $8 million to expand its manufacturing intelligence platform across defense, aerospace and precision manufacturing.
Medallion has acquired credentials verification organization Andros, bringing more than one million providers across nearly 400 healthcare organizations and health plans onto one platform.
SENA Health raised an undisclosed Series A round led by Rittenhouse Ventures to expand its Clinical Command Center, global operations and AI capabilities.
Procare Solutions acquired child care management platform Playground, adding its Camber AI assistant and tools for billing, enrollment, payroll and administration.
Endra launched Power Studio, an agentic platform for electrical engineering, and acquired Swiss AI company Planlabs to expand into mechanical design.
Aristotle raised $5 million in seed funding and launched its voice AI tutoring platform nationwide for students ages 13 to 18.
Canada and Germany committed up to C$300 million to LawZero for AI safety research, computing infrastructure and an office in Berlin.
TileDB has rebranded as Tile.ai, appointed George Llado as CEO, and introduced a governed data layer for enterprise AI agents.
Footprint raised $25 million in Series B funding to expand Percy, its AI system for financial crime risk and compliance. QED Investors led the round.