By Editor , 5 October 2026
Flex Secures $2B Investment for Axiom at $37.5B Valuation Ahead of 2027 Spin-Off

Austin, Texas – October 05, 2026 -- Flex (NASDAQ: FLEX) has agreed to sell $2.0 billion of Series A Convertible Preferred Stock in Axiom Solutions International, its Cloud and Power Infrastructure segment, to funds affiliated with General Catalyst, Koch Equity Development, and co-investors, at an initial enterprise value of $37.5 billion for Axiom.

By Editor , 19 September 2026
Thatch Raises $108M at $1B Valuation as Revenue Grows 7x

San Francisco – September 18, 2026 -- Thatch, a health benefits platform enabling employers to replace group health plans with individual employee budgets, has raised $108 million in new funding at a $1 billion valuation. The round was led by The General Partnership, Index Ventures, General Catalyst, and Andreessen Horowitz, with participation from ADP Ventures, Paychex, Eli Lilly and Company, Scale Venture Partners, QuantumLight, SemperVirens, Quiet Capital, and Avid Ventures.