News by subject: FNC

Vequity, a technology innovator in the business brokerage sector, today announced the successful closing of its seed funding round. The platform offers tools and services that streamline brokerage processes, enabling brokers to close more deals and...

TELUS is pleased to announce a $6.6 million private investment in the North Shore region this year to deploy and update its PureFibre and 5G networks. This investment is paired with the financial contribution of $6.8 million from the Government of...

The adoption of artificial intelligence (AI) in professional service automation is transforming the industry by automating manual processes and increasing efficiency. The global IT professional services market, valued at $870.05 billion last year, is...

Eco Material Technologies Inc. ("Eco" or the "Company"), the leading producer, marketer and distributor of supplementary cementitious materials ("SCMs") and producer of Green Cement products in the United States, is pleased to announce the successful...

The Lion Electric Company ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that it has entered into amendments to certain of its senior credit instruments, namely (i) its senior...

Banner Capital Management, LLC ("Banner") announced that it has partnered with SBR Technologies Inc. and Vision Graphics, LLC ("Vision Graphics") to provide growth capital and recapitalize the company. Vision Graphics, founded in 1966 and based in...

Austin Powder (the "Company" or "Austin"), a leading provider of industrial explosives and engineered blasting solutions, announced today that it has received a strategic investment from American Industrial Partners ("AIP") to support and enhance the...

Lee Equity Partners, LLC ("Lee Equity"), a middle-market private equity firm, announces the final closing of Lee Equity Partners Fund IV, L.P. (together with its related funds, "Fund IV" or the "Fund"). Fund IV was oversubscribed and including the...

Togetherwork, a leading provider of mission-critical, integrated software and payment solutions to groups and organizations, announced today that Park Square Capital ("Park Square") has made a significant minority investment in the company, joining...

Augusta Gold Corp. ("Augusta Gold" or the "Company") announces that it has extended the maturity date of its loan (the "Loan") with Augusta Investments Inc. (the "Lender") to September 30, 2024 (the "Extension"). In connection with the Extension,...

Starlight U.S. Residential Fund (the "Fund") previously announced the extension of the Fund's term to November 2025 in order to provide the Fund the opportunity to capitalize on anticipated improvements in the real estate investment market. The...

Main Street Capital Corporation ("Main Street") is pleased to announce the amendment of its revolving credit facility (the "Corporate Facility"). The recently closed amendment provides an increase in total commitments from $995.0 million to $1.110...

Waystar Holding Corp. , a provider of leading healthcare payment software, today announced that it has entered into an amendment to its first lien credit agreement (the "amended credit agreement") with its lenders to reprice term loans. Under the...

WildBrain Ltd. ("WildBrain" or the "Company") , a global leader in kids' and family entertainment, announced today that it is nearing completion of a refinancing of its existing credit facilities and expects to close on the refinancing with new...

GiantLeap Capital, a technology-focused private investment firm that partners with companies developing...

Manac, North America's largest manufacturer of custom-built and specialized commercial trailers, is proud to announce the closing of a major $170 million financing with Investissement Québec, BDC and Desjardins. This financing, which includes a $30...

For over 50 years, Cereals Canada has promoted the high quality of Canadian grains and the Canadian system by providing expert support to customers around the world. Facing the end of its lease in a building that is not meeting the current and future...

Innatera, the leading innovator in ultra-low power neuromorphic processors, proudly announces the oversubscription of its Series A funding round, securing an impressive influx of capital totaling $21 million. This amount includes the initial Series A...

VenoStent, Inc., a clinical-stage medical device company developing a novel therapeutic device for improving dialysis patient outcomes, announced today that it closed an additional $4 million from Norwest Venture Partners to round out its Series A...

Steelite International ("Steelite" or the "Company"), a world leading supplier and manufacturer of award-winning tabletop, buffet, and lighting solutions to the global hospitality industry, announced today its acquisition of Utopia Tableware Ltd...

Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and equity co-investment to support Stellex Capital Management's ("Stellex") acquisition of TriplePoint MEP ("TriplePoint" or the...

Accuray Incorporated announced today that long-term customer Heidelberg University Hospital in Heidelberg, Germany, has selected the company's Radixact® System, equipped...

Odaseva, the leading enterprise data security platform for Salesforce, today announced a $54 million Series C equity financing, bringing the total company funding to more than $90 million. Silver Lake Waterman led the round, with participation from...

Li Industries announced the successful closing of its Series B funding round with an additional $6 million commitment from investors. The new investors include General Motors (GM) Ventures, DNX Ventures, and Tech Energy Ventures. This latest...

Brandenburg's Ministry for Economic Affairs, Labour and Energy has issued an LOI committing up to 90 million EUR in grants for Rock Tech's Lithium Converter in Guben.Additionally, the Federal German Railway Authority (Eisenbahnbundesamt) has offered...

OSS Ventures, a leading industrial start-up studio in France, is thrilled to announce raising ?8.5 million. This funding was led by Tikehau Capital, France 2030's French Tech Accélération 2 fund (Bpifrance), Etablissements Peugeot Frères, and...

Feon Energy, an advanced battery electrolyte startup spun out of Stanford University, announced the recent closing of a $6.1 million seed round that will enable the development of next-gen batteries. The round was led by Fine Structure Ventures, with...

CASI Pharmaceuticals, Inc. ("CASI" or the "Company"), a biopharmaceutical company specializing in the development and commercialization of innovative therapeutic and pharmaceutical products, announced today that it has entered into securities...

CommonView Capital ("CommonView"), is pleased to announce the successful completion of a $35 million debt transaction in partnership with Sandton Capital Partners ("Sandton"), to support the continued growth of its portfolio company, Pain Specialists...

Rural Development Partners invested $15 million in New Markets Tax Credit financing to help Food Bank of the Rockies expand their distribution center to Aurora, Colorado. Without NMTCs, the expansion would be significantly delayed or scaled back,...

Today at the Breakthrough Energy Summit, Rondo Energy, Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank announced ?75 million in funding that will support three groundbreaking industrial decarbonization projects...

CAN Capital, Inc., ("CAN") an innovator in alternative small business finance, has successfully completed a $175 million funding program, which includes a variable funding note facility with a maximum borrowing amount of $50 million and a $125...

Leading private markets investment management firm Hamilton Lane announced a partnership with, and investment in, Daphne Technologies, a platform facilitating distribution of alternative assets and increased efficiency of the fundraising process....

Canada-based ClearSky Global Corp. (ClearSky) has raised US$168 million from a private international ESG investment group, facilitated by Tailwind Ventures as financial advisor. The financing represents the 5th largest early-stage venture capital...

Arixa Capital ("Arixa") is pleased to announce the expansion of its joint venture with funds managed by Oaktree Capital Management, L.P. ("Oaktree") to originate senior secured loans backed by residential real estate....

UroMems, a global company developing innovative, implantable mechatronics technology to treat stress urinary incontinence (SUI), today announced it has raised $47 million in its Series C financing, the largest fundraising round to date for the...

Orion Mine Finance announced today that OMF Fund IV SPV G LLC, a limited liability company managed by Orion Mine Finance GP IV LP ("Orion"), acquired (i) 12,021,977 common shares ("Common Shares") of Skeena Resources Limited ("Skeena") for an...

First Citizens Bank today announced that its Maritime Finance business provided a senior secured loan of $22 million to Euroseas Ltd. for the financing for a newbuild 2,800 TEU Eco containership....

Bright Machines, an innovator in intelligent, software-defined manufacturing, announced today it has raised $126M in Series C funding, with $106M in equity...

Elsewhere Partners today announced the closing of Elsewhere Partners III, L.P. (EP Fund III), with $285 million in additional capital focused on majority investments in growth-ready B2B software companies. Because of Elsewhere Partners' distinct...

Local chambers of commerce from across Pennsylvania, including Schuylkill Chamber of Commerce, submitted a letter to state lawmakers urging them to address Pennsylvania's continuous child care crisis. The letter, signed by more than 50 local chambers...

Endogenex, a clinical-stage medical device company dedicated to improving outcomes in individuals with type 2 diabetes, announced it has closed an oversubscribed Series C financing totaling $88 million. The new capital will be used to complete the...

CereTax, the next-generation sales tax solution, today announced a $9 million financing led by S3 Ventures, with participation from Wild Basin Investments and Leaders Fund....

Sift, the first unified observability platform for hardware sensor data, today announced it has raised $17.5 million in Series A funding led by GV (Google Ventures). This round brings Sift's total funding to $25 million and will be used to accelerate...

On its journey to set the norms for AI-powered regulatory compliance, Norm Ai has raised a fresh round of capital from some of the world's most respected financial institutions, collectively representing more than $5.75 trillion in assets. The...

Castrol, a global leader in lubricants and part of the bp group, today announced an investment of up to US$50 million in Gogoro Inc. , a global technology leader in battery-swapping ecosystems that enable smart mobility solutions for cities....

Further to the announcement on 7 March 2024, Funding Circle today announces it has entered into an agreement for the sale of Funding Circle's US business to iBusiness Funding, LLC (IBF).   The transaction will be for a total cash consideration of...

InPlay Oil Corp. ("InPlay" or the "Company") is pleased to announce the completion of the annual renewal of its syndicated Senior Credit Facility.    ...

Little Leaf Farms, the country's #1 brand of packaged lettuce sustainably grown through controlled environment agriculture (CEA), is announcing further expansion in McAdoo, Pennsylvania with a new greenhouse set to open this fall. The new 10-acre...

D2 Solutions, whose software solutions and consulting expertise help healthcare providers deliver better experiences across the prescription journey, acquired a seven-figure growth funding package from Decathlon Capital Partners to support its growth...