Convergence Tech

AI & ML
Biotech

Profusa shareholder vote tests Nasdaq lifeline for biosensor firm

Profusa's June 23 AGM asks investors to back dilutive measures keeping the tissue-sensor company listed and funding its PanOmics acquisition.
Profusa's June 23 AGM asks investors to back dilutive measures keeping the tissue-sensor company listed and funding its PanOmics acquisition.
Fintech

Velcan Holdings posts stable 2025 NAV amid macro turbulence

The Luxembourg holding company held its net asset value near €136m despite US-China trade tensions, currency swings, and a Brazilian hydro shortfall.
The Luxembourg holding company held its net asset value near €136m despite US-China trade tensions, currency swings, and a Brazilian hydro shortfall.
AI & ML
Fintech

Wix and Stripe unite to let AI agents spin up live businesses

Wix Headless joins Stripe Projects CLI, letting developers and AI agents provision a full business backend in a single command.
Wix Headless joins Stripe Projects CLI, letting developers and AI agents provision a full business backend in a single command.
Defence

3D Systems raises $50m in upsized share offering

The additive-manufacturing pioneer taps public markets for $50m, signalling renewed investor appetite for cross-sector deep-tech.
The additive-manufacturing pioneer taps public markets for $50m, signalling renewed investor appetite for cross-sector deep-tech.
AI & ML
Cybersecurity
Datatech
Fintech

Cequence records best-ever quarter as agentic AI security demand surges

API security firm Cequence posts record Q4 and its largest-ever deal as enterprises race to secure agentic AI deployments at scale.
API security firm Cequence posts record Q4 and its largest-ever deal as enterprises race to secure agentic AI deployments at scale.
AI & ML
Cybersecurity

Descope targets agentic AI identity gap with Hub 2.5 launch

As AI agents proliferate, Descope's updated identity platform tackles the hardcoded-secrets crisis undermining enterprise agentic deployments.
As AI agents proliferate, Descope's updated identity platform tackles the hardcoded-secrets crisis undermining enterprise agentic deployments.
AI & ML
Blockchain

DMG Blockchain pivots Bitcoin miner to AI data centre amid revenue slide

The Canadian miner's 42% year-on-year revenue drop is accelerating a strategic pivot toward AI compute and digital-asset financial services.
The Canadian miner's 42% year-on-year revenue drop is accelerating a strategic pivot toward AI compute and digital-asset financial services.
AI & ML
Cybersecurity
Datatech

Pax8 adds inforcer to marketplace to close SMB AI-readiness gap

Pax8's 47,000-partner cloud marketplace gains an AI-governance tool as new data shows 62% of SMBs use AI but only 18.5
Pax8's 47,000-partner cloud marketplace gains an AI-governance tool as new data shows 62% of SMBs use AI but only 18.5
AI & ML
Defence

SAIC wins $192m ABMS deal to wire AI into Air Force networks

SAIC's $192m ABMS contract embeds AI and cloud infrastructure into US Air Force all-domain command networks.
SAIC's $192m ABMS contract embeds AI and cloud infrastructure into US Air Force all-domain command networks.
Blockchain
Cybersecurity
Internet of Things
Space

SEALCOIN raises $4m to build blockchain layer for space economy

WISeKey's SEALCOIN unit secures $4m to deploy a blockchain transaction layer across satellite networks and autonomous machines.
WISeKey's SEALCOIN unit secures $4m to deploy a blockchain transaction layer across satellite networks and autonomous machines.
AI & ML
Datatech

Applied Digital secures $550m facility to fund AI data centre pipeline

A Goldman Sachs-arranged revolving credit line gives the AI infrastructure builder firepower to accelerate its high-performance compute campus buildout.
A Goldman Sachs-arranged revolving credit line gives the AI infrastructure builder firepower to accelerate its high-performance compute campus buildout.
Defence

BOS supply-chain integrator sees 4x order surge in US and India

The Israeli defence-supply-chain integrator reports $7.1m in orders from two key friend-shoring geographies, up from $1.5m a year ago.
The Israeli defence-supply-chain integrator reports $7.1m in orders from two key friend-shoring geographies, up from $1.5m a year ago.
Defence
Internet of Things

BOS targets Indian defence market as RFID pivot signals dual-use shift

The Israeli supply-chain integrator's Q1 2026 results reveal a rapid India pivot and a new push to bring retail RFID tech into defence.
The Israeli supply-chain integrator's Q1 2026 results reveal a rapid India pivot and a new push to bring retail RFID tech into defence.
AI & ML
Defence
Transportation & Logistics

HII scales ROMULUS USV output with dedicated Gulf Coast supply chain

HII and partner Bayou Metals launch a dedicated aluminium fabrication line, accelerating serial production of AI-enabled unmanned surface vessels for the US Navy.
HII and partner Bayou Metals launch a dedicated aluminium fabrication line, accelerating serial production of AI-enabled unmanned surface vessels for the US Navy.
AI & ML
Biotech

Thoma Bravo's C$650m Kneat buy targets life sciences compliance tech

The software PE giant's all-cash take-private positions AI-enabled validation as critical infrastructure for regulated industries.
The software PE giant's all-cash take-private positions AI-enabled validation as critical infrastructure for regulated industries.
Biotech

NorthStrive licenses multi-domain drone patent for maritime defence

A Nasdaq-listed holding company secures exclusive worldwide rights to buoyancy-assisted drone payload tech as AUKUS and US Navy autonomy spending accelerates.
A Nasdaq-listed holding company secures exclusive worldwide rights to buoyancy-assisted drone payload tech as AUKUS and US Navy autonomy spending accelerates.
AI & ML
Hospitality

SKYX lands Eurofase deal to push smart-ceiling tech into hospitality

SKYX's licensing deal with Eurofase targets hotel and builder segments, pitching plug-and-play smart infrastructure as a renovation cost-cutter.
SKYX's licensing deal with Eurofase targets hotel and builder segments, pitching plug-and-play smart infrastructure as a renovation cost-cutter.
AI & ML
Quantum

Thea Energy builds fusion digital twin with NVIDIA, Argonne and PPPL

AI surrogate models and a stellarator digital twin signal fusion energy's pivot from pure physics to industrial-scale engineering.
AI surrogate models and a stellarator digital twin signal fusion energy's pivot from pure physics to industrial-scale engineering.
Biotech

Xeriant schedules NexBoard fire-certification tests for composite panel

Xeriant's fire-resistant composite panel heads for third-party certification after internal tests surviving 2,000°F flame.
Xeriant's fire-resistant composite panel heads for third-party certification after internal tests surviving 2,000°F flame.

Hub71 Startups Surpass $2.7 Billion in Funding as Abu Dhabi Gains Moment

Startup revenue reaches $1.5 billion (AED 5.4 billion), reflecting Abu Dhabi's growing appeal for founders, investors and technology companies applications

Hub71, Abu Dhabi's global tech ecosystem, announced that startups in its community have raised more than $2.7 billion (AED 9.9 billion) in funding and generated $1.5 billion (AED 5.4 billion) in revenue by the end of 2025, marking a new milestone in Abu Dhabi’s emergence as a

Subscribe to Convergence Tech