SK Telecom to Create SK Horizon for AI Data Centers
SK Telecom plans to spin SK Horizon out of SK Broadband and receive KRW 3.08 trillion from KKR and the IMM Investment Stonebridge consortium to expand AI data center infrastructure in Korea.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
SK Telecom plans to spin SK Horizon out of SK Broadband and receive KRW 3.08 trillion from KKR and the IMM Investment Stonebridge consortium to expand AI data center infrastructure in Korea.
ProFound Therapeutics has received an investment commitment of up to $35 million from the Gates Foundation to support AI based research into preeclampsia and eclampsia.
Jetstream Venture Fund has added ImageAiD and Moonrise Medical to its healthtech portfolio. Both companies are developing AI tools for vascular diagnostics and Peripheral Artery Disease screening.
Nasuni has acquired DryvIQ to add content intelligence, classification, sensitivity detection, and automated governance to its file data platform for enterprise unstructured data.
fileAI has received investment from SMBC Asia Rising Fund and Singtel Innov8 to support its Japan expansion and the launch of fileScout, its tool for mapping unstructured enterprise data.
Yardstik raised $30 million in Series B funding led by Harbert Growth Partners, bringing its total capital raised to $65 million.
Hilco Global is seeking offers to acquire Canyon Navigation's patent portfolio and related assets for autonomous navigation in environments where GPS is limited or unavailable.
Descartes Systems Group acquired Tai Software, an AI powered transportation management platform for freight brokers. The deal adds automation tools for quoting, carrier sourcing, load tracking, billing, and invoice audits.
Metriport raised $26 million to expand its healthcare data infrastructure platform, which structures fragmented patient records and supports AI medical record summarization.
Imagenet has acquired Analytica Consulting, adding data engineering, analytics, AI, visualization, and governance capabilities to its healthcare operations services. The transaction closed on August 21, 2026, and financial terms were not disclosed.
CropX Technologies has acquired SCIO, adding portable near infrared spectroscopy tools for crop quality analysis to its digital agronomy platform.
Arintra raised $25 million in Series B funding led by Define Ventures, bringing its total funding to $51 million. The company plans to expand its AI platform for healthcare revenue assurance across more health systems and revenue cycle functions.
Numa has acquired SocketTime, adding dealership service scheduling, dispatch, inspections, approvals, parts coordination, recon, and service management tools to its platform.
Onos Health raised $17 million in Series A funding led by Costanoa Ventures, with participation from Flare Capital Partners and CVS Health Ventures. The company provides an AI platform for behavioral health clinical intelligence used by health plans.
Oliver AI has raised pre seed funding from Menlo Ventures and Unusual Ventures to scale OliverDB, an analytical data platform for agentic AI workloads.
Nooks acquired FullyRamped, an AI sales coaching platform known for roleplay agents. FullyRamped founder Aaron Marks is joining the Nooks product team.
Emerald AI raised $150 million in Series A funding at a $1.05 billion valuation to expand software that adjusts AI data center power use based on grid conditions.
NAVER D2SF has invested in F4GE, a South Korean startup building a manufacturing network for defense and advanced hardware buyers.
Hexagon has agreed to acquire Guidance Marine, a UK maritime sensor company focused on relative positioning for vessels near offshore platforms, wind turbines, quaysides, and other ships.
Gestala raised about $84 million in two financing rounds during its first six months. The Chinese startup is developing ultrasound based brain computer interface technology and plans to unveil its first product and brain foundation model by the end of 2026.