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News
Dealroom.co | Two Cars, One Platform: Lyft's Hybrid Bet on Waymo and Human Drivers
10+ hour, 53+ min ago (336+ words) Key takeaways from The Information's TITV interview with Lyft CEO David Risher (August 2026): Record quarter. Gross bookings rose 23% in Q2, driven by the European taxi business and a record share of rides through partnerships. Lyft passed 30.5 million active riders and is…...
Dealroom.co | RDB Infrastructure takes 49% stake in solar SPV for ₹9M
1+ day, 6+ min ago (210+ words) What's the deal? RDB Infrastructure and Power acquired a 49% partnership interest in M/s Arankam Green Energy Solution for ₹90,00,000 in cash on August 8, 2026. The deal gives the listed company control over commercialising a 6.3 MW solar plant in Saharanpur, Uttar Pradesh. What's…...
Dealroom.co | PowerFlex buys The Mobility House North America, backed by $100M from Manulife
1+ day, 8+ hour ago (299+ words) What's the deal? PowerFlex has acquired The Mobility House North America in a share exchange, combining two fleet-electrification specialists into a single platform for charging and energy management. The Mobility House becomes a minority shareholder in the combined business. Who's…...
Dealroom.co | Globus Spirits raises ₹200 crore to slash debt, with MIT taking 44%
1+ day, 3+ hour ago (242+ words) What's the deal? Globus Spirits has raised ₹200 crore (about $24 million) through a Qualified Institutional Placement (QIP), issuing 23,80,952 shares at ₹840 each. The Indian alcoholic beverages maker will use the proceeds to prepay term debt and fund general corporate needs. Who's backing…...
Dealroom.co | Warpify raises Pre-A round to expand robotics platform globally
2+ day, 5+ hour ago (153+ words) What's the deal? Warpify, a global robotics collaboration platform, has closed a Pre-A round from Zhongguancun Zhongnuo Fund. The company operates through Shenzhen Guangnian Linghang Technology and announced the raise in August 2026. What's the endgame? Warpify serves manufacturing, warehousing, and…...
Dealroom.co | Avatar Robotics raises $6.5M seed round for teleoperated warehouse robots
3+ day, 2+ hour ago (128+ words) What's the deal? Avatar Robotics has raised a $6.5 million seed round led by AlleyCorp and Defy Partners, with Headline and Henry Ford III also participating. Why now? The San Francisco startup deploys wheeled robots in warehouses under the control of…...
Dealroom.co | Aramco leads $9.5M Series A for rice-tech startup Mitti Labs
3+ day, 23+ hour ago (370+ words) What's the deal? Mitti Labs, a New York- and Bengaluru-based climate-tech startup, has raised $9.5 million in a Series A round led by Aramco Ventures, the venture arm of Saudi Aramco. Godrej Industries Group, Cisco, Francis Family Fund, Volta Circle, and…...
Dealroom.co | Polar Seafood Greenland to buy out Brim in $135M deal for full Danish control
3+ day, 19+ hour ago (241+ words) What's the deal? Polar Seafood Greenland has begun the regulatory process to acquire the remaining 50% of Polar Seafood Denmark and become its sole owner. It filed a simplified merger notification with Greenland's Competition and Consumer Authority on August 3, 2026. The move…...
Dealroom.co | Li-FT Power raises C$20M in bought-deal offering to fund Renard project
3+ day, 22+ hour ago (207+ words) What's the deal? Li-FT Power has entered an agreement for a C$20,010,000 bought-deal public offering, selling 6,900,000 common shares at C$2.90 each. Canaccord Genuity is lead underwriter and sole bookrunner for a syndicate on the deal, expected to close on or…...
Dealroom.co | HKG Energy wins $350K MassCEC grant to test high-silicon battery anode
3+ day, 22+ hour ago (279+ words) What's the deal? HKG Energy, a Somerville, Massachusetts battery startup, has been awarded a $350,000 demonstration grant through the InnovateMass program, run by the Massachusetts Clean Energy Center (MassCEC). The money will fund a project to validate its Terra Silicon anode…...