Funding News

LOS ANGELES--(BUSINESS WIRE)--Archway Capital Announces Launch of Archway Opportunity Fund II, Targeting $100 Million Raise...

MONTREAL--(BUSINESS WIRE)--In a constantly evolving society, where socioeconomic challenges are significant, Desjardins Group has reaffirmed its commitment to supporting entrepreneurship and education by making a major donation of $2.575 million to Concordia University. This financial support will drive innovation and professional development initiatives while strengthening a strategic partnership that promises significant benefits for Montreal and Quebec society. As the largest financial co-op...

NEW YORK--(BUSINESS WIRE)--Edge Focus, a fast-growing private credit firm focused on consumer assets, today announced the successful closing of its inaugural asset-backed securities (ABS) transaction EDGEX 2025-1NN, securing funding for $150 million in collateral. The deal marks a major milestone in the company’s capital markets strategy and establishes the foundation for its ABS issuance program, EDGEX. The transaction was led by CRB Securities who structured the transaction, with Nelnet Bank,...

SANTA CLARA, Calif.--(BUSINESS WIRE)--EnCharge AI, the company pioneering scalable analog in-memory AI accelerators to power AI inference from edge to cloud, today announced the appointment of Jason Huang as Vice President of Finance and Leslie Szeto as Director of Human Resources. These key hires support EnCharge's next chapter of growth following its recent $100M Series B funding round, and complement last month's appointment of Dr. Shwetank Kumar as Chief Scientist. In their new roles, Huang...

SAN FRANCISCO--(BUSINESS WIRE)--Trellis Health, a digital health platform designed to empower women with personalized, proactive care, today emerged from stealth. The company is launching with $1.8M in pre-seed funding from Palette Ventures, Swizzle Ventures, NEXTBLUE, Suncoast Ventures, and Sundial Foundation, along with high-profile healthcare individuals, including Care.com founder Sheila Marcelo, the co-founders of Flo Health, Yuri Gurski and Andrei Kouzel, Mike Prytkov - the founder and CE...

NEW YORK--(BUSINESS WIRE)--Marathon Asset Management, L.P. (“Marathon”), a leading global asset manager specializing in public and private credit markets with over $23 billion in assets under management, announced the successful completion of a refinancing program for NN, Inc. (NASDAQ: NNBR) (“NN”), a global diversified industrial company that engineers and manufactures high-precision components and assemblies. Marathon’s tailored capital solution for NN provides a $128 million term loan facili...

WATERTOWN, Mass.--(BUSINESS WIRE)--EnPlusOne Biosciences, Inc., a biotechnology company harnessing the power of enzymes to deliver better RNA at scale, today announced the appointment of Clare Murray, Ph.D., as Chief Executive Officer. Dr. Murray brings deep experience in corporate strategy and business development, having led multiple transactions with global pharmaceutical and innovative biotechnology companies. Her work forging strategic partnerships with CDMOs aligns directly with EnPlusOne...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--GoldState Music (“GoldState” or the “Company”), a premier music rights investment platform today announced that it has raised US$500 million in strategic capital, including a structured capital facility co-led by Northleaf Capital Partners (“Northleaf”) and Ares Management funds (“Ares”) as well as separately raised leverage. Additional terms of the private transaction were not disclosed. “Our new relationship with Northleaf and Ares marks the next step i...

LOS ANGELES--(BUSINESS WIRE)--Kairos Pharma, Ltd. (NYSE American: KAPA) is a clinical stage company involved in treating EGFR-driven lung cancer patients with ENV105 in combination with osimertinib after they fail to respond to single-agent osimertinib in a Phase 1 trial. Based on recent breakthroughs in understanding non-small cell lung cancer mechanism of resistance to first line osimertinib treatment, the U.S. Department of Defense (“DoD”) is providing $876,000 to advance a strategy to ident...

VANCOUVER, British Columbia--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided a debt financing facility to Vancouver-based Traction Complete. Traction Complete’s suite of Revenue Operations Data Management apps is designed to help organizations automate critical business processes to streamline sales, improve data quality, and optimize go-to-market strategies. Founded in 2019 when it spun out of Traction-on-Demand, Traction Complete is on a mission to automate compl...