News by subject: FNC

Bastion Management ("Bastion"), a private investment firm focused on asset-based lending in the specialty finance sector, announced today that it agented a senior debt investment of $150 million, with an accordion up to $225 million, in Sezzle Inc....

Reinforces CoreWeave's market position as the AI hyperscalerBuilds on CoreWeave's significant momentum, evidenced by over $12 billion raised from equity and debt investors over the last 12 monthsHistoric financing builds on the Company's recently...

Today, Angeles Ventures, a Latino and woman-led early-stage VC fund, announced an equity investment from Bank of America that will accelerate its goal to find, fund, and grow Hispanic and Latino ventures in the U.S....

Acquisition solidifies Metropolis as the largest parking network and operator in North America with more than 4,000 locations and over 20,000 employees Metropolis will deploy its AI technology to more than 50 million consumers, processing over $4...

Today, Schneider Electric, the leader in the digital transformation of energy management and automation, announced a collaboration with Crux, a sustainable finance technology company, to procure Section 45X Advanced Manufacturing Production Tax...

Taking key learnings from their experience in developing advanced video ad-serving solutions, former Magnite executives and SpringServe co-founders today announced the launch of PilotDesk,...

Metabolon, Inc., the global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications, announced that it has closed on a new $60 million...

BIRD Energy announced its latest funding cycle for proposals focusing on Renewable Energy, Efficiency, and technologies that reduce carbon emissions. With a maximum funding allocation of up to 1.5 million dollars, per project, this initiative seeks...

GoSaga, a leading curator of 12 unique franchised wellness, beauty, and fitness brands, has secured a lead investor for its $5 million Series A funding round to fuel the upcoming years of studio growth. With the new funding, the company aims to...

Ares Management's Infrastructure Debt and Alternative Credit strategies (Ares), CDPQ, and Schroders Capital's Private Debt and Credit Alternatives team announced today that they have concluded an agreement to provide up to EUR 750 million [approx....

Pluribus Technologies Corp. ("Pluribus" or the "Company") announces a further amendment (the "Amendment") to the previously-announced forbearance agreement (the "Forbearance Agreement") dated January 18, 2024, between the Company and National Bank...

Alkira®, the leader in on-demand network infrastructure as-a-service, today announced the closing of a $100 million Series C funding round, bringing the company's total funding raised to date to $176 million. The round was...

Relocalize, a Quebec-based cleantech startup, today announced the 2nd closing of its $5.8 million seed funding round to scale up its autonomous microfactory platform, raising $1 million more capital than originally anticipated....

First Citizens Bank today announced that its Commercial Real Estate business provided $24.5 million in construction financing for 121 Commerce Center, a large new industrial property in Grapevine, Texas....

Mason Resources Inc. ("Mason") is pleased to announce that it invested $1,000,000 in NorthX Nickel Corp. , formerly known as Archer Exploration Corp. ("NorthX"), under a private agreement transaction (the "Transaction") as part of a private...

ACE Money Transfer, a leading global money transfer service, has secured a Payment Institution License from the Central Bank of Ireland. After months of thorough assessment and evaluation by the Irish Regulator, this significant milestone highlights...

Firmus, the market leader in pre-construction AI design review and risk analysis, today announced it closed on several million dollars in additional funding. The capital raised will facilitate Firmus' commitment to revolutionizing the way the...

Aequum Capital is pleased to announce it recently provided a $5MM revolving credit facility and $4.3MM Term Loan to a Midwest based manufacturing company.  The proceeds of the Facilities were used to refinance the Company's Main Street Loan ("MSL")...

Today, STON.fi, a leading decentralized automated market maker exchange (AMM DEX) built on the TON blockchain, announces an undisclosed round led by CoinFund. The funding will be used to fuel operations for STON.fi's rapid growth, on a mission to...

First Citizens Bank today announced that its Energy Finance business served as sole bookrunner and co-lead arranger on financings totaling more than $150 million for two Apex Clean Energy ("Apex") battery energy storage projects in Texas....

Managed Health Services (MHS), a managed care entity that has been proudly serving the state of Indiana for over 25...

Highperformr, a GenAI startup, today announced that it has secured $3.5 million in seed funding and launched its product, Highperformr for Teams, a modern social media management platform designed to help B2B businesses maximize their return on...

Cunnigham Mining Ltd, a minority interest portfolio company of Houston Natural Resources Corp ("Company"), provided an update on acquiring an interest of up to 19.8% in Kharrouba Copper Company, Inc ("KCC" or "Company"). Cunningham Mining Ltd will...

Harness, the Modern Software Delivery Platform® company, today announced $150 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc. . The investment will be used strategically to support...

SmarterDx, the leader in clinical AI for revenue integrity and care quality, today announced it has secured $50 million in Series B funding led by Transformation Capital. The round also includes continued investments from Bessemer Venture Partners,...

Nfinite Nanotech, a creator of plastic-alternative nanocoatings, announced today the completion of a USD 6.5M SEED round, led by Collateral Good, with participation from Suzano Ventures as a strategic investor alongside investment from FTW Ventures,...

Gausium, a leading company of autonomous cleaning solutions, has achieved a significant milestone in its journey to revolutionize the industry. The company is proud to announce a strategic investment that brings its cumulative Series D financing to...

Main Street Capital Corporation ("Main Street") is pleased to announce that it recently completed a follow-on investment totaling $25.9 million in Nebraska Vet AcquireCo, LLC, dba Heritage Vet Partners, P.C. ("Heritage" or the "Company"). Main...

Ndustrial, the AI-powered energy intensity platform for industry, today announced the initial close of $18.5 million in a Series B funding round co-led by ABB and GS Energy, joining existing partners such as Clean Energy Ventures and ENGIE New...

With a commitment to broadening the reach and usability of blockchain technologies, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in ChainML, a Silicon Valley-based AI and ML...

Allozymes, a leading innovator in enzyme discovery and engineering, today announced the closing of a $15 million Series A funding round led by Seventure Partners of France and Xora Innovation of Singapore. This significant investment underscores the...

LivePerson, Inc. ("LivePerson" the "Company", "we" or "us"), the enterprise leader in digital customer conversations, today announced that its largest...

UbiQD, Inc., the New Mexico-based leader in quantum dot (QD) technology and manufacturing, and the New Mexico Economic Development Department (NMEDD) announced today its dual triumph at the New Mexico Advanced Energy Award Pilot Program....

Switchboard Health, creator of a high-value specialty care network and software platform, has secured $6.5 million in series seed funding. First Trust Capital Partners' investment led the round, with participation from founding investor Route 66...

MSA Safety Incorporated announced that on May 10, 2024, its Board of Directors authorized a new share repurchase plan of up to $200 million of the company's common stock. The program will replace the previous $100 million share repurchase plan,...

BrightNight, the next generation global renewable power producer built to deliver clean and dispatchable solutions, and its joint venture partner Cordelio Power, today announced they have secured a US$414 million construction credit facility for...

FrontWell Capital Partners Inc. ("FrontWell") today announced the closing of a USD$14.2 million secured credit facility with Uniroyal Engineered Products LLC. ("Uniroyal"), a manufacturer of vinyl-coated fabrics and soft trim technologies....

Stafford Capital Partners is pleased to announce today that a major Korean pension fund has invested USD $200m into the firm's flagship SIT X timberland fund.  The investment is accompanied by a further $100m co-investment sidecar vehicle.  ...

C3 Rentals LLC ("C3"), a leader in trailer rental and ownership solutions, has successfully secured a $100 million debt facility funded by WhiteHawk Capital Partners, LP ("WhiteHawk") and arranged by Ankura Capital Advisors. This strategic financial...

JLL's Hotels & Hospitality group announced today that it arranged a new $735 million, five-year, floating-rate SASB CMBS term loan to refinance The Walt Disney World Swan, Walt Disney World Dolphin and Walt Disney World Swan Reserve (collectively,...

Ashford Hospitality Trust, Inc. ("Ashford Trust" or the "Company") today announced that it has closed on the refinancing of the mortgage loan for the 673-room Renaissance Hotel in Nashville, Tennessee, which had a final maturity date in March 2026. ...

Avex USA announced that it has made a strategic investment into the artist management company S10 Entertainment, a joint venture between Brandon Silverstein and Jay Z's Roc Nation that was started in 2017. The partnership was announced today by Avex...

QMC Telecom International Holdings LLC ("QMC" or the "Company"), Latin America's leading digital wireless infrastructure growth platform, announced today the successful closing of two credit facilities totaling $115 million. These two loans come on...

Sift Healthcare ("Sift" or the "Company"), a leading innovator in AI-powered healthcare payment solutions, today announced the successful close of its $20M Series B funding round. Led by B Capital, with continued support from existing investors,...

Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated funds, Balance Point Capital Partners IV, L.P., Balance Point Capital Partners V, L.P., and Balance Point Capital Partners VI, L.P., is pleased to announce its...

First Citizens Bank today announced that its Healthcare Finance business served as lead arranger for a $260 million loan to refinance a portfolio of 12 skilled nursing facilities in Maryland....

Canada Energy Partners Inc. (NEX: CE.H) (the "Company"). The Company intends to complete a non-brokered private placement of up to 25,000,000 common shares at an issuance price of $0.01 for gross proceeds of up to $250,000.00 (the...

Aardvark Therapeutics, Inc....

Li Industries announced today the successful raise of a $36M Series B funding round to scale up its next-generation lithium-ion battery recycling technologies. The round was co-led by Bosch Ventures, Khosla Ventures and LG Tech Ventures with Formosa...

Greenboard, a new compliance and operations software company for financial services, announced today that the company has completed a $4.5 million Series Seed funding round led by Base 10 Partners, with participation from Y Combinator, General...