Funding News

VERSAILLES, Ky.--(BUSINESS WIRE)--Woodford Reserve is celebrating the 250th anniversary of the United States through one of its most cherished Kentucky Derby traditions, the $5,000 Mint Julep Charity Cup program. This year’s luxury julep cup honors the nation’s founding and benefits a charity devoted to American craftsmanship. A total of 152 julep cups are available, commemorating the 152nd Run for the Roses. Every cup is hand-crafted by Graham Newton of From The Vault and features a sculpted t...

SAN FRANCISCO--(BUSINESS WIRE)--American Pacific Group announced its investment in Dossier, a leading creator of high-quality fragrances....

PARK CITY, Utah--(BUSINESS WIRE)--Momentous, a leading human performance company focused on supplementation and nutrition, today announced a founding research partnership with Collective X Health, the women's health research and intelligence platform co-founded by renowned exercise physiologist and Momentous advisor, Dr. Stacy Sims. The partnership launches the Collective X Women’s Health & Performance Research Grant Program with a $200,000 commitment from Momentous to fund female-focused h...

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--L Squared Capital Partners (“L Squared” or the “Firm”) today announced the first and final closing of its fifth private equity fund, L Squared Capital Partners V (“Fund V”), at $2.0 billion, reaching its hard cap. The fund was significantly oversubscribed, enabling L Squared to complete a highly efficient fundraising process anchored by strong re‑ups from existing investors and the strategic, selective addition of high‑quality global institutional partner...

SAN FRANCISCO--(BUSINESS WIRE)--Numos, an AI platform built for enterprise finance teams, today announced a $4.25 million seed round led by General Catalyst with participation from Operator Collective. Numos’ AI platform sits on top of a company's existing finance stack and continuously analyzes transactions across accounting systems, billing tools, data warehouses, and spreadsheets, allowing companies to make faster, more strategic decisions. Gartner recently predicted that embedded AI will dr...

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has raised approximately $5.4 billion of aggregate capital, including equity commitments and related transaction vehicles, to invest in value-add real estate opportunities across high-conviction markets in the U.S. and Europe. This follows the final closings of Ares US Real Estate Fund XI, LP (“US XI”) and Ares European Property Enhancement Partn...

SAN FRANCISCO--(BUSINESS WIRE)--BizCap®, a national commercial finance and advisory firm, today announced that it has successfully structured and secured a $11.75 million financing package to support a strategic IT Services acquisition for a confidential minority woman-owned IT services organization. The company, founded in 2017, provides end-to-end IT solutions, strategic technology consulting, and product development services worldwide. The acquisition financing will enhance the company’s cap...

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or “the Company”) today announced the successful disposition of its largest foreclosure real estate owned (REO) asset, a multifamily property located in Raleigh, North Carolina, which closed on April 1, 2026. The sale marks an important step in the Company’s ongoing strategy to recycle capital out of non-performing assets and redeploy it into higher-yielding opportunities. While the transaction was completed at a di...

REDMOND, Wash.--(BUSINESS WIRE)--Please replace the release dated March 30, 2026 with the following corrected version due to multiple revisions. Replace the photo with the accompanying corrected photo. The updated release reads: STARCLOUD RAISES $170M SERIES A AT $1.1BN VALUATION LED BY BENCHMARK AND EQT VENTURES Becomes Y Combinator's fastest ever unicorn, just 17 months after completing the seed accelerator. The space infrastructure startup is building orbital data centers to solve the terres...

WASHINGTON--(BUSINESS WIRE)--The Fundrise Innovation Fund (VCX) today announced its participation in OpenAI's latest funding round, increasing its existing position in one of the world's most consequential technology companies. This week, OpenAI announced that it had closed a new financing round of $122 billion in committed capital at a post-money valuation of $852 billion — one of the largest private funding rounds in history. The round was anchored by Amazon, which committed $50 billion, alon...