News by subject: FNC

LifeX announced Nov. 15 that it has been chosen as a recipient of a $2 million grant through the Build to Scale program that administers funds annually through the U.S. Department of Commerce's Economic Development Administration (EDA). The Build to...

CDPQ announces that it is investing around CAD 200 million (USD 150 million) in Northvolt AB, a leading integrated battery platform focused on the R&D, manufacturing and recycling of sustainable battery cells and systems. This financing, in the form...

US Capital Global has entered into a term sheet to provide credit facilities totaling a minimum of $100 million (USD) to Laser Light Companies ("Laser Light"), which is designing and building an advanced global platform that will be the world's...

QNB Metals Inc. (the "Company") is pleased to announce that the Company has entered into an arm's length option agreement (the "Option") dated November 15, 2023, to acquire a 100% interest in the Havre Aubert East property (the "Property") located...

Revolv, a leading full-service provider of electric commercial fleets, today announced it has raised $25 million in equity project financing to fund the deployment of fleet electrification projects in the United States. Made possible by a...

KORE Group Holdings, Inc.  ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions and Analytics, today announced that it has completed its previously announced transactions...

CFX Labs, a future leader in the monetization of rapid and secure international payments markets currently operating a nationwide payment network, announced it has raised $9.5 million in seed funding. CFX Labs raised funds from a diverse array of...

Kinto, the first KYC'ed Layer 2 blockchain capable of supporting both financial institutions and decentralized protocols, announced today it has raised $5 million in two funding rounds to power its future as a secure and compliant network for...

First Citizens Bank today announced that its Healthcare Finance business provided $17.5 million in financing to Norvin Healthcare Properties for the acquisition of PAM Health Warm Springs Rehabilitation Hospital located in Northeast San Antonio,...

Tangibly, a SaaS trade secret discovery and management platform backed by Madrona and other top investors, today announced that it had a final close of its seed round with an investment from Wipro Ventures, bringing the total funds raised to $7M. The...

ALTR Solutions, Inc., the leading innovator of automated data governance and data security solutions, today announced that it has closed on its $25 Million Series C Preferred financing to meet the overwhelming demand for its SaaS-based data access...

Today the Early Educator Investment Collaborative (The Collaborative) awarded $9M in grants to support public systems innovations in increasing wages and benefits for the early childhood education (ECE) workforce. Colorado Department of Early...

Today, OpsLab announced the company closed a seed fundraising round totaling $5 million, led by Cultivation Capital and joined by Storm Ventures. Completing this raise during a period of economic uncertainty underscores the strength of the company's...

Westbrooke Alternative Asset Management UK ("Westbrooke") is pleased to announce the successful conclusion of a preferred equity investment in Toots Day Nursery Investments Ltd ("Toots"), a platform for a "buy-and-build" in the UK Children's...

The Goodyear Tire & Rubber Company ("Goodyear" or the "Company") today announced a transformation plan ? "Goodyear Forward" ? to optimize its portfolio, deliver significant margin expansion and...

Today, Material Impact announced a $352M fund to expand its impact as the first-money partner to inception-stage companies that are pioneering products enabled by material science innovation....

OrbiMed, a leading healthcare investment firm and Koya Medical, a healthcare company with a mission to transform venous and lymphatic treatments through novel, people-centric solutions, today announced the closing of a financing for up to $30...

Arcellx, Inc. and Kite, a Gilead Company , today announced that the companies have expanded...

Gilde Healthcare today announces the final close of its Gilde Healthcare Venture&Growth VI fund with ?740 million in...

Monterey Financial, LLC, has been a leading player in the Consumer Finance, Loan Servicing Management, and Delinquent Debt Recovery sectors for over thirty years. Known for its innovative approach to solving complex financial challenges faced by...

Smartville, an EV battery-repurposing innovator, has received an additional $2.65 million in federal and state funding to support the innovation and growth of electric vehicle battery repurposing solutions that bolster lithium battery circularity. A...

On September 15, 2023, Triaxcess Ltd., a UK-based company, acquired all the shares of Swarmio Media Inc. and Swarmio Inc. ("Swarmio"). This marks the successful completion of its sale and Investment Solicitation Process, and effectively, concludes...

The seed funding round, led by LOVC, is joined by Venture 53 Fund and Accelerator, and Silicon Road Ventures. Davinci Micro Fulfillment leverages data analytics and machine learning to strategically empower multichannel merchants to place inventory...

Amergin Asset Management ("AAM") today announced that Amergin Rail, a portfolio company of certain funds managed by AAM, has closed on a $450 million credit facility that includes a revolving tranche to fund future railcar and portfolio acquisitions....

Algoma Capital, the Chicago-based investment firm that provides non-dilutive operating capital to whiskey brands and distilleries, announced it has finalized a seven-figure strategic transaction with a Colorado-based craft whiskey distillery. The...

Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, and Greystar, a leading global development, investment, and property management firm, announced...

Madison Energy Infrastructure, a leading clean energy developer and asset owner, today announced the successful closure of a $450 million debt funding deal, showcasing the team's unwavering commitment to developing, financing, and managing clean,...

The Pennsylvania Housing Finance Agency today is providing an update on the steady progress being made to assist homeowners whose lives were disrupted by the pandemic....

HEC Montréal's Tech3Lab, the world's largest university laboratory for user experience (UX) research, has been awarded $18 million in funding over 5 years. This is the most substantial research-related funding ever received in the history of the...

Aigen, an AI-driven robotics company, closed $12 million in Series A...

Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to announce the closing and groundbreaking of Benjamin O. Davis Veterans Village, a new affordable housing construction development in...

Aptoide, the leading alternative Android app store, is thrilled to announce the successful closure of an ?8.5 million investment round with Digital Turbine, the premier independent mobile growth platform. This investment solidifies the commitment of...

SURGLASSES recently raising the successful completion of a $6.5 million Pre-A funding round. This investment was led by Taiwania Capital and saw participation from prominent venture capital firms including Integrated Capital, 500 STARTUPS V, L.P....

Accelerate Health Equity (AHE) awarded four grants to Philadelphia-based health systems as part of its inaugural grants program to support innovative projects focused on the efficacy, outcomes, and scalability of health-system interventions to...

Company provides advanced IoT Platform and wearable sensors to capture health vital signs for clinical trials and patient care. Investment between Niterra Co., Ltd. CVC Fund and Pegasus Tech Ventures supports technology detecting and assessing...

Pioneer, the AI-powered service for climate tech companies pursuing government incentives, today announced the close of $2.9M in seed funding led by Blue Bear Capital. Participating investors include Collaborative Fund, Soma Capital, Cool Climate...

Southern Energy Corp. ("Southern" or the "Company") (AIM: SOUC) , a U.S.-focused, growth-oriented natural gas producer, is pleased to announce that it has closed its previously announced equity financing for aggregate gross proceeds of US$5 million...

March Biosciences (March Bio), a clinical stage biotechnology company committed to combating challenging cancers unresponsive to existing immunotherapies, and Cancer Focus Fund, LP, a unique investment fund established in collaboration with The...

Aptoide, the leading alternative Android app store, is thrilled to announce the successful closure of an ?8.5 million investment round with Digital Turbine, the premier independent mobile growth platform. This investment solidifies the commitment of...

Foraco International SA , a leading global provider of mineral drilling services, today announced the early redemption of the outstanding senior secured bonds facility of $85 million provided by Marathon Asset Management LP ("Marathon"), along with...

CDPQ today announced a minority investment in AVENIR GLOBAL, a Montréal-based holding and management company of public relations and communications firms that ranks in the international top 25. This transaction will enable AVENIR GLOBAL to continue...

PeopleFund is honored to be one of twelve Community Development Financial Institutions (CDFIs) announcing the expansion of the Veteran Loan Fund, with Bank of America as the lead capital investor. Bank of America is seeding a second round of...

Integrated Ventures Inc, ("Company") is pleased to confirm the purchase of new cryptocurrency (Antminers S19 - ASICs) mining equipment. Equipment details are as follow:  Antminer S19J - 210 unitsAntminer S19Pro -15 unitsAvalon A1246 -14 unitsTotal...

Fillogic, the leading technology platform for Channel-Free Logistics, is thrilled to announce the closing of its $13 million Series A funding round, led by Revelry Venture Partners ("RVP"). This capital will fast-track Fillogic's product development...

Aypa Power ("Aypa"), a Blackstone portfolio company and a leading independent power producer (IPP) specializing in the development, construction and operations of utility-scale energy storage and hybrid renewable energy projects, has successfully...

Trax, the leading global provider of image recognition solutions transforming brick-and-mortar retail, today announces the completion of a $50 million venture debt investment from Deutsche Bank Private Credit & Infrastructure. This funding...

Ozone, an AI-driven pioneer in the next generation of video editing technology, today announced that it raised $7.1 million in funding and has publicly launched its cloud-based video editing platform. Investors include Y Combinator, NEA, General...

Hyundai Mobis' (KRX: 012330) strategy for expanding its global footprint in the electrification business is progressing smoothly. Following its...

Pamlico Capital ("Pamlico") today announced a strategic growth investment in Beck Technology, the leading preconstruction platform for contractors. Norbert Orth, a senior software executive with deep construction technology experience, will join Beck...

Today, Acorai, a start-up medical device manufacturer from Sweden, announces selection for a ?2.3m grant with a follow-on ?10m investment offer from the European Innovation Council (EIC). Only a handful of companies who apply for the EIC accelerator...