Financial Disclosure

Pro Shop Closes $24M Series B Led by Arthur Blank's AMBSE

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Pro Shop Closes $24M Series B Led by Arthur Blank's AMBSE

Ponte Vedra Beach, Fla. – October 05, 2026 -- Pro Shop, the golf media and commerce platform, has closed a $24 million Series B financing round led by Arthur M. Blank Sports and Entertainment (AMBSE), bringing new investors Causeway Media Partners and Ares Sports, Media and Entertainment funds into the cap table.

Returning backers include PGA Tour and two prior venture partners

Existing investors PGA Tour, Powerhouse Capital and Phoenix Capital Ventures re-upped in the round, which follows a $20 million Series A closed in 2024 under the leadership of Powerhouse Capital with participation from EP Golf Ventures, Marquee Ventures and Gametime Capital. Gunderson Dettmer served as legal counsel to Pro Shop on the transaction.

Rich Products Commits $2M to Buffalo Education Nonprofits

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Rich Products Commits $2M to Buffalo Education Nonprofits

Buffalo, N.Y. – October 05, 2026 -- Rich Family Foundation, the philanthropic arm of Rich Products, has committed more than $2 million to three Western New York education nonprofits, marking the company's largest education-focused funding commitment to date.

Say Yes Buffalo receives $1.25 million over five years

The largest allocation targets Say Yes Buffalo, which serves more than 20,000 community members annually and has helped over 4,300 students complete college degrees or certificate programs since launching in 2012. The new funding follows a $1 million commitment Rich made to the organization in 2021 and builds on a youth apprenticeship partnership with CareerWise Greater Buffalo established in 2022, through which Rich's currently employs two Say Yes apprentices.

CREFC Sentiment Index Plunges 17.5% to Three-Year Low on Rate Fears

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CREFC Sentiment Index Plunges 17.5% to Three-Year Low on Rate Fears

New York – October 05, 2026 -- The CRE Finance Council's Board of Governors Sentiment Index dropped 17.5% to 83.3 in the third quarter of 2026, down from 101.0 in the prior quarter and its lowest reading since the third quarter of 2023 (82.7), as commercial real estate finance executives confront a 10-year Treasury yield stuck near 5%.

All nine core index questions weakened in lockstep

The decline left the index 34% below its record high of 126.6 set in the fourth quarter of 2024 and well under the survey's baseline of 100.0 established in the fourth quarter of 2017. Interest rate and economic outlook questions drove roughly 30% of the drop, with the remaining seven core questions accounting for the balance. The survey, conducted September 21-28, 2026, drew responses from 37 of 40 board members, a 93% participation rate.

Datasea Narrows Net Loss 57%, Turns Cash Flow Positive in FY2026

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Datasea Narrows Net Loss 57%, Turns Cash Flow Positive in FY2026

Beijing – October 05, 2026 -- Datasea Intelligent Technology Ltd. (Nasdaq: DTSS) narrowed its net loss by 57.0% to approximately $2.19 million in fiscal year 2026, as operating cash flow turned positive at approximately $1.98 million, the company reported for the year ended June 30, 2026.

Revenue fell 43.17% to $40.70 million as Datasea cut lower-margin digital services

Revenue declined to approximately $40.70 million from $71.62 million in fiscal 2025, a drop the company attributed to a deliberate reduction of standardized, lower-margin AI multimodal and traffic-related services under a business-mix optimization strategy.

AI Protein Engineering Market to Hit $3.82B by 2031, MarketsandMarkets Says

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AI Protein Engineering Market to Hit $3.82B by 2031, MarketsandMarkets Says

Delray Beach, Fla. – October 05, 2026 -- The global AI in Protein Engineering market will climb to USD 3.82 billion by 2031 from USD 1.44 billion in 2026, a 21.6% compound annual growth rate, according to a new forecast from MarketsandMarkets.

North America holds 48.6% market share as software platforms dominate spending

North America led the market with a 48.6% share in 2025. Software and platforms accounted for 75.4% of revenue the same year, as pharmaceutical and biotech firms prioritized AI-driven design tools over services. Within protein types, miniproteins are set to post the fastest growth at 23.7% CAGR through 2031.

GAC Exports 197,701 Vehicles in Nine Months, Up 138.9%

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GAC Exports 197,701 Vehicles in Nine Months, Up 138.9%

Guangzhou, China – October 05, 2026 -- GAC Group exported 197,701 own-brand vehicles between January and September 2026, up 138.9% year-on-year and equal to 156.7% of the company's full-year 2025 export total. September exports alone reached 25,693 units, up 160.9% year-on-year, marking the ninth consecutive month in which GAC's overseas shipments more than doubled. The automaker is now tracking toward an annual export target of 300,000 units.

Transamerica Pooled Plan Assets Surge 61% to $34.2B Over Five Years

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Transamerica Pooled Plan Assets Surge 61% to $34.2B Over Five Years

Baltimore – October 05, 2026 -- Transamerica's pooled retirement plan assets climbed nearly 61% over five years, rising from $21.3 billion in 2021 to $34.2 billion in 2025, as the insurer marks its 25th year in the pooled plan market.

Transamerica ranks No. 1 in PEP adopting employers for second consecutive year

According to PLANSPONSOR's 2026 Recordkeeping Survey, Transamerica topped the industry in Pooled Employer Plan (PEP) adopting employers and led in multiple other pooled plan metrics, including the most MEP and PEP contracts serviced and the most MEP participants serviced. The survey also credited the company with the highest year-over-year growth rates in both pooled plan assets and participants. The number of employers adopting Transamerica's pooled plans has grown nearly 40% over the same five-year period.

Clockwork.io Raises $31M as LinkedIn, Together AI Deploy GPU Fault-Tolerance Software

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Clockwork.io Raises $31M as LinkedIn, Together AI Deploy GPU Fault-Tolerance Software

Palo Alto, Calif. – October 05, 2026 -- Clockwork.io has raised $31 million in new funding and secured production deployments at LinkedIn and Together AI, bringing its total funding to $73 million as enterprises seek to curb GPU downtime during large-scale AI training.

LinkedIn prevents tens of thousands of GPU-hours of downtime monthly

LinkedIn has deployed Clockwork.io's LinkPass network fault-tolerance software across its AI infrastructure fleet. Raghu Hiremagalur, SVP, CTO Infrastructure at LinkedIn, said a single InfiniBand NIC flap previously could remove an eight-GPU server from service, while a switch port flap could double the impact to 16 GPUs. LinkPass now automatically reroutes traffic onto healthy paths, letting jobs continue uninterrupted while faults are repaired.

Mnzil, TDG, Capital Partners Launch SAR 1bn Saudi Housing Fund

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Mnzil, TDG, Capital Partners Launch SAR 1bn Saudi Housing Fund

Riyadh – October 05, 2026 -- Mnzil, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR 1 billion in developing purpose-built workforce housing across Saudi Arabia, targeting up to 50,000 worker beds.

Partners split roles across operations, development and fund management

Mnzil will act as strategic partner and exclusive operator of the portfolio, TDG will lead site selection, design and property development, while Capital Partners will serve as fund manager under its Capital Market Authority license (25315-32).

Pryzm Rebrands to Belisar After 6X Revenue Growth in Defense Tech

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Pryzm Rebrands to Belisar After 6X Revenue Growth in Defense Tech

Boston – October 05, 2026 -- Pryzm, the CRM built for government contracting, has rebranded as Belisar following 6X annual recurring revenue growth and adoption by a third of the more than 60 defense tech unicorns currently operating.

Defense budget request hits $1.5 trillion as venture capital floods the sector

The White House has requested $1.5 trillion for national defense in FY27, the largest defense budget request in U.S. history. Venture investment in defense tech reached $49.1 billion in 2025, nearly double the prior year, yet contractors still face slow, opaque paths from idea to deployed contract.