News by subject: FNC

RightRev, a cloud-based finance and accounting solutions provider for Revenue Recognition Automation, today came out of the gate with $5 million co-led by Norwest Venture Partners and Salesforce Ventures with participation from IDEA Fund Partners,...

Horizon3.ai, a cybersecurity startup focused on autonomous penetration testing, today announced $30M in funding. Co-founded by former Splunk CTO, Snehal Antani, and Anthony Pillitiere, former Deputy CTO within the U.S. Special Operations Command,...

A joint planning grant from Kessler Foundation and Microsoft's AI for Accessibility has been given to Ontario College of Art & Design University (OCAD U), Toronto, Ontario, Canada, to explore bias in current hiring systems. The one-year grant will be...

MedStar Georgetown University Hospital announced today a historic $50 million philanthropic gift from entrepreneur, venture capital investor and philanthropist Grant Verstandig, and the Verstandig Family Foundation, to support the new...

Bloomfield Capital announced the closing of a $4.0 million mezzanine construction loan on a condominium development in Portland's burgeoning Munjoy Hill neighborhood. The completed four-story property will feature 45 units over a below grade garage....

Colorcast has closed a pre-seed round of $1.5M from New York-based Tribeca Early Stage Partners, Los Angeles-based VoicePunch VC, Denver-based Hilltop Venture Partners, and San Francisco-based Connetic Ventures, among others. At the same time,...

UPSTACK, a profitable, fast-growing platform that transforms the architecture and sourcing experience for businesses seeking cloud and internet infrastructure solutions, announced today it has secured $100 million in financing from MidCap Financial...

Everlaw, the cloud-native investigation and litigation platform, today announced $202 million in Series D funding, bringing the company to an overall valuation of over $2 billion after a year of 80% YoY growth. TPG Growth led the round with...

Private equity firm Evolution Capital Partners LLC ("Evolution") announced today that it has made a growth investment in LEW Corporation ("LEW"), headquartered in Mine Hill, New Jersey. LEW provides a range of environmental inspection, testing and...

CIT Group Inc.  today announced that its Asset-Based Lending business served as joint lead arranger on a $1.16 billion financing for PRO Unlimited Inc., a leading Integrated Workforce Management (IWM) platform provider....

Northwestern Mutual, in partnership with gener8tor, is honored to introduce the latest class of startups that will join the 2021 Northwestern Mutual Black Founder Accelerator powered by gener8tor....

Twain Financial Partners is pleased to announce the dual Historic Tax Credit Equity and Commercial Property Assessed Clean Energy financing in connection with the rehabilitation of the historic Ramova Theater at 35th and South Halsted in Chicago,...

Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, is pleased to announce the completion of a new financing facility involving three 2010-12 vintage 737-800s for Pulsar Aero Global ("Pulsar"). The aircraft are...

Kootenay Silver Inc. ("Kootenay Silver") and Kootenay Resources Inc. ("Kootenay Resources") are pleased to announce that the spin-out transaction whereby Kootenay Silver spun-out 80% of the common shares of Kootenay Resources (each, a "Kootenay...

RBC Global Asset Management Inc. ("RBC GAM Inc.") announced that RBC Canadian Core Real Estate Fund (the "Fund") successfully completed the third phase of its multi-year investment program on October 29, 2021, comprising an acquisition of over $700...

Axis Auto Finance Inc. ("Axis" or the "Company"), a fintech lender servicing the alternative auto finance market, announced today that it has expanded its senior secured credit facility, lowered its borrowing costs and increased the advance rate on...

Prepaid Technologies, a Birmingham, Ala.-based provider of prepaid digital payment solutions, today announced raising $96 million in new growth financing. Edison Partners, the growth equity firm, led the transaction, and StepStone Group (which...

Shoreline Biosciences, Inc. (Shoreline), a biotechnology company developing intelligently designed allogeneic off-the-shelf, standardized, and targeted induced pluripotent stem cells (iPSC) derived natural killer (NK) and macrophage cellular...

DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RMJR) , a technology company bridging the gap between traditional capital markets and decentralized finance, announced today that its wholly owned subsidiary, Valour Inc....

Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, today announced that Guidewire , has made an investment extending the company's recent Series D funding event. This strategic...

NioCorp Developments Ltd. ("NioCorp" or the "Company")  today announced the filing of a US $200 million shelf registration statement on Form S-3 (the "Shelf Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC"). If...

The NYC-based art logistics company Fine Art Shippers has officially become a sponsor of Asian Art in London 2021 that celebrates this year its 24th anniversary with many amazing events for everyone interested in Asian art Fine Art Shippers is an art...

DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RMJR) , a technology company bridging the gap between traditional capital markets and decentralized finance, announced today that its wholly owned subsidiary, Valour Inc....

Moonfare, the leading digital private equity investment platform for individual investors, announced today that it has raised $125 million in Series C funding, led by New York-based global private equity and venture capital firm Insight Partners. ...

Ashford Hospitality Trust, Inc. ("Ashford Trust" or the "Company") today announced that it has successfully refinanced its mortgage loan for the 701-room Marriott Gateway Crystal City in Arlington, Virginia which had a final maturity date in...

UK, Norway, Germany, US, and the Netherlands, and 17 funders pledged to support Indigenous Peoples, local communities at COP26, citing their proven role in preventing deforestation that fuels climate change  In raising the visibility of Indigenous...

Transformative Transaction for Wildpack's Brokerage Operations /THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ Located in...

Callaway Golf Company (the "Company" or "Callaway") today announced that it has completed a $30 million minority investment in Five Iron Golf, an emerging, privately-owned, urban indoor golf and entertainment company offering simulator rentals, golf...

Textile innovations company Evrnu announced today the raising of their $15M Series B financing to scale and meet the surging demand for its fiber regeneration platform, NuCycl, as a solution to the textile waste crisis. The round was led by FullCycle...

Invesque Inc. (the "Corporation" or "Invesque")   announced today that the meeting (the "Meeting") of the holders (the "Debentureholders") of its 5.00% 2016 Convertible Debentures due January 31, 2022 (the "Debentures") to consider certain...

J.F. Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, announced the successful closing of its first single asset continuation fund,...

Martis Capital ("Martis"), a middle market private equity firm focused exclusively on the healthcare industry, has made a majority investment in Lighthouse Lab Services ("Lighthouse" or the "Company"), alongside current investors NaviMed Capital...

DGene, the content creation company building tools to expand creativity and redefine virtual production and immersive entertainment, announces its Series A funding round led by technology and e-commerce giant Alibaba Group. This substantial...

To address the growing and changing needs of shift-based employees and their employers, When I Work, a leading SaaS employee scheduling, time-tracking and team messaging platform, today announced it has secured a $200 million growth investment from...

Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development and the creation and preservation of high-quality housing, and LIHC Investment Group today announced the acquisition of the Essex Plaza...

Invesco Advisers, Inc., a subsidiary of Invesco Ltd. , announced today the completion of the reorganization (the "Reorganization") of Invesco Dynamic Credit Opportunities Fund (the "Fund") into a newly created closed-end interval fund, Invesco...

CIT Group Inc.  today announced that its Maritime Finance business is providing $70 million in financing to Maritime Asset Partners for the refinancing of Sterling LLC....

Brightwood Capital Advisors, a leading private credit firm focused on providing capital to growing North American middle-market businesses, announced that it supported the sale of portfolio company ECP-PF Holdings Group, one of the nation's largest...

To mark the start of the 2021 United Nations Climate Change Conference ("COP26"), Envision Group ("Envision") announced the investment of over US$1 billion by Sequoia Capital ("Sequoia"), GIC Private Ltd ("GIC"), and Primavera Capital...

PopReach Corporation  ("PopReach" or the "Company") today announced that it has entered into an amendment to its US$7.5 million senior secured credit facility (the "Facility") with a leading Canadian Schedule I Bank, to modify certain aspects of...

HARTE GOLD CORP. ("Harte Gold" or the "Company") announces a third amendment to its Forbearance Agreement with BNP Paribas ("BNPP")....

We are very pleased to announce that Tada Medical has recently raised an investment in the form of a ?700,000 convertible loan from the European Innovation Council Fund (EIC Fund), the European Commission's venture capital mega-fund. The total...

Ripe Thinking Limited ("Ripe"), a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC ("Aquiline") to acquire a majority stake in...

On October 11, 2021, Yeloworld successfully raised Series B Funding of over 100 million CNY from Wanhua Chemical, following Series A Funding from SINOPEC and Shangnan. The funds will be used for system algorithm R&D, packaging material technology...

After A++ financing in May this year, HOPSTEM announced that the company has completed a round of near 40 million USD Series B financing, led by a top VC/PE in biomedical field, followed by Lilly Asia Ventures and current shareholder YuanBio Venture...

Certilytics, Inc. today announced its participation in the upcoming National Alliance of Healthcare Purchaser Coalitions 2021 Annual Forum....

Roanoke College President Michael Maxey on October 28 announced to the Board of Trustees that the College has received the single largest cash gift in the school's 179-year history. ...

Twain Financial Partners is pleased to announce the successful Commercial Property Assessed Clean Energy (C-PACE) financing in connection with the ground-up construction of 251-unit apartment development in Milwaukee, Wisconsin....

CIT Group Inc.  today announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio....

Lear Corporation , a global automotive technology leader in Seating and E-Systems, today announced that it has entered into an agreement to refinance its existing credit facility.  The amended and restated credit agreement extends the maturity of its...