News by subject: FNC

As traditional banks, particularly those heavily invested in real estate, tighten their lending criteria, non-bank lenders capable of crafting customized solutions are well-positioned to thrive in today's credit environment. Illustrating that...

Usual Labs, the company in charge of developing Usual, an innovative protocol bridging the gap between traditional and decentralized finance through the USD0 stablecoin, is proud to announce that it has raised $7M...

Finova Capital, LLC recently closed on a senior credit facility with a major specialty lender. The $30 million facility will be used to originate new equipment leases. Bob Neagle, CEO of Finova, noted that the "addition of the new facility will allow...

With decades of success in the identification of breakthrough science, deal making and venture investing, Dr. Schoenbeck offers expertise and skill sets that align well with Canaan's vision for partnering with entrepreneurs to create and support...

Venom foundation, owner of the scalable layer zero blockchain network and Gate.io, the leading crypto exchange will together promote strategic token projects on the Venom network. Gate.io will prioritize the tokens and Venom will support the...

Alexander & Baldwin, Inc. ("A&B"), a Hawai'i-based company focused on owning, operating, and developing high-quality commercial real estate in Hawai'i, today announced that it completed the private placement of a $60 million unsecured 6.09% note...

NNN REIT, Inc. , a real estate investment trust, today announced the amendment of its unsecured bank credit facility. The amendment increases the available borrowing capacity under the credit facility from $1.1 billion to $1.2 billion. The amended...

Aequum Capital is pleased to announce it recently funded $9,100,000 in credit facilities to a leading regional provider of metal stamping and fabrication solutions. The credit facilities support the company's ongoing working capital and future growth...

JLL's Capital Markets group announced today that it has arranged a $290 million construction loan for Parkside Uptown, an approximately 500,000-square-foot, trophy Class AA office tower being built in Uptown Dallas....

Marpai, Inc. ("Marpai" or the "Company") , an independent national Third-Party Administration company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, today announced the...

Somite, a venture-backed company aiming to become the OpenAI of stem cell biology, announces that it has raised $5.3M in pre-seed funding. The round was led by Israel's preeminent Venture fund TechAviv, and joined by renowned Austin-based VCs Next...

SolaREITtm, a solar and storage real estate investment company, has closed $13 million in real estate financings for NineDot Energy's battery energy storage (BESS) projects. NineDot Energy®, the leading developer of community-scale BESS in the New...

UniUni, one of the fastest growing tech companies in Canada, is pleased to announce that it has raised US$50 million in an oversubscribed Series C financing round led by global venture capital firm DCM. This is UniUni's largest funding round to date...

Two Chairs, a modern behavioral health company, today announced the closing of a $72 million Series C equity and debt financing round led by Amplo with Fifth Down Capital, and other investors also participating. Bridge Bank provided the debt...

HITRUST Risk-based, 2-year (r2) Certification demonstrates that the organization's V12 PDE has met demanding regulatory compliance and industry-defined requirements and is...

Nava Health, an innovative group of holistic health and treatment centers focused on integrative medicine, has landed a multi-million dollar investment package from Decathlon Capital Partners. Details of the revenue-based funding transaction were not...

March of Dimes, the leading organization fighting for the health of moms and babies, has awarded two doctors the Basil O'Connor Starter Scholar Research Awards, the organization's signature grants for up-and-coming scientists embarking on lifelong...

TorQuest Partners, a Toronto-based private equity firm founded in 2002 with more than C$5 billion in equity capital under management, is pleased to announce that RidgeLake Partners ("RidgeLake") has made a passive, minority investment in the...

Evolution Equity Partners today announced the final closing of Evolution Technology Fund III, LP and total capital commitments of $ 1.1 Billion to back visionary entrepreneurs building...

Upstage, a pioneering AI company specializing in large language models (LLMs) and Document AI, today announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in...

Spirit of Gallo is expanding its luxury spirits portfolio with Condesa Gin, a hand-crafted spirit from Mexico City. Under the agreement, Gallo will become the exclusive U.S. importer for Condesa and make a strategic investment in the brand, signaling...

British International Investment...

Earthworks Industries Inc. (the "Company") in a News Release dated April 10, 2024, disclosed that it had exercised its option to extend from April 15, 2024, to November 15, 2024, the deadline for the payment to North Bay ("North Bay") of...

NameSilo Technologies Corp. (PINKSHEETS: URLOF) (the "Company"), the holding company and majority owner of Namesilo LLC, one of the largest domain registrars in the world, is pleased to announce that it has increased its investment, to a total of...

Natixis Corporate & Investment Banking (Natixis CIB) acted as one of five Mandated Lead Arrangers of the $750 million Commercial and ECA-covered tranches in the landmark $2.5 billion senior secured debt financing package for the expansion of Minera...

Gerald Group today announced its North American trading hub, GT Commodities' Borrowing Base sublimit for low-carbon aluminum qualifies as a green sublimit to issue green loans as per Loan Market Association guidelines. This follows the successful...

Energy CX, the data-driven energy brokerage on a mission to help customers purchase energy like experts, announces the expansion of its Marketing team and launch of its newly designed website energycx.com. This strategic update demonstrates the...

Borderless AI, the AI-powered startup disrupting the Employer of Record (EOR) space, has appointed Leonard Shen to its Board of Advisors to double down on compliance, risk management, and cross-border money movement. This appointment comes on the...

Dye & Durham Limited ("Dye & Durham") today announced that Dye & Durham Corporation (the "Company"), a wholly-owned subsidiary of Dye & Durham, has closed its previously announced private offering of USD $555 million aggregate principal amount of...

Forward Global, one of the leading risk management companies, has entered exclusive negotiations with the investment fund Bridgepoint Development Capital (BDC) to become a minority stake shareholder of the Paris, France headquartered group. BDC, the...

Gentle Transitions and Managing Moves & More, leaders in move management and downsizing support, are proud to announce their upcoming rebranding to WellRive. Founded on the compassionate...

Industry veterans have launched Apricus Generation, Inc., a new holding company designed to build a national distributed solar and battery development platform and Independent Power Producer (IPP). The company has closed an initial $28 million Series...

Main Street Capital Corporation ("Main Street") is pleased to announce the following recent activity in its private loan portfolio. During the first quarter of 2024, Main Street originated new or increased commitments in its private loan portfolio...

Nese, Lithuania's oldest land-based casino operator, has launched Twinsbet ? a new iGaming and sportsbook brand with a focus on sports sponsorships. The company entered into a 3-year long, ?7.5 million sponsorship deal with the Wolves basketball club...

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced its investment in Tomo, a Web3 social finance (SocialFi) protocol....

Toyota Ventures, the early-stage venture capital arm of Toyota, announced two $150 million funds to expand its investments in startups developing disruptive technologies and business models at the forefront of innovation. The addition of the new...

Sapien AI Corp. ("Sapien"), a leading data labeling company, recently announced that it has raised USD $5 million in seed funding with participation by several top investors including Primitive Ventures, Animoca, Artichoke Capital, and Yield Guild...

BioLineRx Ltd. , a commercial stage biopharmaceutical company pursuing life-changing therapies in oncology and rare diseases, today announced that it has drawn-down the second tranche of $20 million under its previously...

Guesty, the leading property management software platform for the short-term rental ("STR") and hospitality industry, today...

Total Play Telecomunicaciones, S.A.P.I. de C.V. ("Total Play"), a leading telecommunications company in Mexico, which offers internet access, pay television and telephony services, through one of...

Demetree Global, a leading multi-strategy family office based in Winter Park, Florida, announced today that Demetree Real Estate has successfully closed on a $10 million refinancing of a five-property portfolio within the Orlando market. Financing...

Rally raised $8.8 million in funding to connect teams with their users in more meaningful ways. The $8.8 million in funding includes a recent Seed round led by Stage 2 Capital with participation from Y Combinator and TIA Ventures. This funding will...

Alethea, the leading technology company in disinformation detection and mitigation, announced the close of a $20M Series B funding round led by GV, with participation from Ballistic Ventures, who led Alethea's Series A funding in 2022. Also...

DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, announced today that it has established a new $725 million credit facility with which to finance its ongoing and future data center...

StrikeReady, the AI-pioneer advancing the way modern security teams operate, today announced $12 million in funding. The Series A round was led by 33N Ventures, with participation from Hitachi Ventures, Monta Vista Capital and industry luminaries...

Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. ("Trinity"), today announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, Parafin. Recently...

e-VAC Magnetics ("e-VAC" or the "Company"), a leading manufacturer of rare earth permanent magnets in the Western Hemisphere, today announced that it has been awarded a $111.9 million Qualifying Advanced Energy Project Tax Credit ("Section 48c") to...

Today, London-based tech start-up Waymap, a technology company offering an accessibility-first, highly accurate navigation app that works outdoors, indoors and even deep underground, announced the completion...

CULT Food Science Corp. ("CULT" or the "Company") (FRA: LN0), a pioneer in the investment, development, and commercialization of cellular agriculture technologies and products, has announced that it has entered into debt settlement agreements (the...

Foundry JV Holdco LLC (the "Company"), a Delaware limited liability company, today announced that it has successfully completed the previously announced consent solicitation (the "Consent Solicitation") in connection with its outstanding 5.875%...