News

Palo Alto, Calif. -- October 1, 2026 -- Armadin, an AI-native cybersecurity company, has raised $255.5 million in a Series B round that pushes its valuation above $2.5 billion just seven months after launching from stealth. The round was co-led by Andreessen Horowitz (a16z) and Accel, with new investors Bain Capital Ventures and Redpoint joining. Existing backers 8VC, Ballistic Ventures, Google Ventures, In-Q-Tel, Kleiner Perkins, and Menlo Ventures also returned, lifting Armadin's total funding to $445 million.

New York – October 01, 2026 -- Affiliated Advisors has added True Prosperity Advisors, a Rockford, Illinois-based advisory firm managing approximately $162 million in client assets, which previously operated under Baird.

True Prosperity Advisors exits Baird for Affiliated Advisors' growth platform

The firm is led by Financial Advisor Gary Love, CFP, CPWA, CEPA, alongside Registered Assistant Simeon Hanson. The team cited a need for a partner combining personalized support with scalable growth resources as the reason for the transition.

Advisor cites access to broader technology and wealth management tools

Through Affiliated Advisors, the team gains business management and operational support intended to help run efficient, growth-oriented practices. The platform also provides investment solutions, technology, financial planning resources and wealth management capabilities.

Rimini, Italy – October 01, 2026 -- Ecomondo 2026 will gather roughly 1,800 exhibiting brands at Rimini Expo Centre from November 3 to 6, with international exhibitor participation rising 10% year-on-year, organizer Italian Exhibition Group (IEG) announced.

Show footprint expands to 169,000 square metres across 30 halls

The 29th edition of the circular and regenerative economy event will occupy 169,000 square metres and span 30 exhibition halls. More than 1,000 hosted buyers from around the world are expected, backed by support from the Italian Ministry of Foreign Affairs and International Cooperation (MAECI) and the Italian Trade Agency (ICE), according to Event Director Alessandra Astolfi.

Beijing and Tel Aviv – October 01, 2026 -- ADAMA Ltd. (SZSE: 000553) has launched Actavan®, a plant-based fungicide for grapes, in Australia and New Zealand, offering growers a zero-residue tool against Botrytis with no pre-harvest interval.

Beet-extract compound activates grapevine immune defenses before infection

Actavan® is a Systemic Acquired Resistance (SAR) elicitor derived from beet extract. It triggers genes that produce enzymes degrading pathogen cell walls while stimulating antimicrobial phytoalexins, activating the plant's own defense response ahead of fungal attack.

Birkirkara – October 01, 2026 -- Gentoo Media Inc. has called an Extraordinary General Meeting of Shareholders for 2 November 2026 in Stockholm to approve a capital structure overhaul that would pave the way for a directed share issue fully underwritten by three of its largest shareholders.

Board seeks to raise authorized Common Stock to 250 million shares and create a new Class Z class

The Board of Directors is proposing a Third Amended and Restated Certificate of Incorporation that would lift authorized Common Stock from 200,000,000 to 250,000,000 shares, $0.001 par value each, while creating an additional class of 100,000,000 shares designated Class Z Common Stock. As of the notice date, Gentoo Media had 134,707,976 shares of Common Stock outstanding, each carrying one vote.

Los Angeles – – October 01, 2026 -- Legacy Distribution has acquired global content distributor Vision Films, merging two catalogs spanning feature films, documentaries, TV series and reality programming into a single operating entity under the Vision Films name.

Dana Webber takes CEO role of combined company

Dana Webber, CEO and Managing Partner of Legacy Distribution, will lead the expanded business, which will continue operating under the Vision Films brand. Lise Romanoff, founder and Managing Director of Vision Films, moves into a consultant role and will represent the company at the American Film Market in November.

Dublin – October 01, 2026 -- Temu has added a dedicated geographical indications (GI) category to its Brand Registry Portal, giving rightsholders a direct channel to flag potential GI infringements across all of the platform's markets.

Temu builds GI tool after 100+ meetings with European trade groups

The feature stems from feedback gathered across more than 100 meetings with trade associations, chambers of commerce and start-up networks in Europe, where sellers cited complexity as a recurring barrier to online trade. GI products derive their value from a specific geographical origin, carrying economic and cultural weight for the producers and regions behind them.

A Temu spokesperson said the company aims to give GI rightsholders a clearer path to work directly with the platform to protect the authenticity tied to their products' heritage.

New York – – October 01, 2026 -- Nuveen has completed its acquisition of Schroders, creating a combined asset and wealth manager with $2.6 trillion in assets under management as of June 30, 2026.

Combined firm claims top-ten rank across three asset classes globally

The merged entity holds a top-ten global position in active equities, active fixed income and private markets, based on year-end 2025 data from Preqin, P&I, eVestment and company reports. It operates in more than 40 markets with significant presence across the US, UK, Europe and Asia-Pacific.

TIAA backs deal as parent shareholder

TIAA CEO Thasunda Brown Duckett said the acquisition strengthens investment capabilities feeding TIAA's retirement and annuity products. TIAA paid out more than $6.17 billion in annuity income to retired clients in 2025.

Stockholm – October 01, 2026 -- SciBase Holding AB has closed its rights issue fully subscribed, raising approximately SEK 57.5 million before issue costs to fund continued commercialisation of its Nevisense melanoma-diagnostics platform in the United States.

Shareholders cover nearly three-quarters of the offering

The subscription period, which ran through 29 September 2026, saw 2,681,085 shares subscribed with the support of subscription rights, equal to roughly SEK 40.2 million, or 69.9 percent of the issue. An additional 133,116 shares were subscribed without subscription rights, adding SEK 2.0 million, or 3.5 percent. In total, 2,814,201 shares were subscribed with and without rights, covering approximately SEK 42.2 million, or 73.4 percent of the SEK 57.5 million target.

Bangkok – October 01, 2026 -- Infineon Technologies AG has officially opened a new backend semiconductor manufacturing site in Samut Prakan, Bangkok, designed to scale up to five production modules and employ up to 1,000 workers as it ramps.

Infineon inaugurates greenfield site with Thai Prime Minister in attendance

The facility was inaugurated jointly by Anutin Charnvirakul, Prime Minister of Thailand, and Alexander Gorski, Chief Operations Officer of Infineon Technologies. The company frames the site as a strategic diversification move for its global manufacturing network, complementing ongoing frontend capacity expansion elsewhere.