Funding News

ST. PETERSBURG, Fla. & SAN DIEGO--(BUSINESS WIRE)--Directed Capital Closes $90 Million for Eleventh Private Credit Fund; Secures $265 Million in Credit Capacity to Target $600 Million in Acquisitions...

COLUMBUS, Ohio--(BUSINESS WIRE)--Battelle announced a renewed $1.1 million investment in the YMCA of Central Ohio today to continue critical STEM initiatives through 2026. This extended partnership will provide access to learning opportunities for more than 44,000 children and families across Central Ohio. Building on Proven Success The latest partnership builds on the success of an initial two-year program that served more than 35,000 youth between 2022 and 2024, significantly surpassing its o...

SAN FRANCISCO--(BUSINESS WIRE)--Cogent Security launches from stealth to transform vulnerability management with autonomous AI Agents...

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced its fourth annual Q2 Philanthropy Fund grant application cycle, which will award $150,000 in grants to nonprofits across the globe to further its mission of building strong and diverse communities. The initiative is led in partnership with Austin Community Foundation (ACF), a grantmaking public charity, to make it easier and more accessib...

ST. LOUIS--(BUSINESS WIRE)--The parent company of TierPoint – a leading, national enterprise data center company and provider of secure, connected IT platform solutions – today announced the closing of a $250 million term loan, a portion of which is a delayed draw term loan. Upsized due to strong investor interest, this facility complements TierPoint’s asset-backed securitization (ABS) and variable funding notes (VFN) program. Net proceeds will be used to fund a portion of data center expansion...

DALLAS--(BUSINESS WIRE)--Island, the Enterprise Browser company, announced the participation of J.P. Morgan Private Capital's Growth Equity Partners as a strategic investor in its previously announced Series E funding round. Coatue Management led the round, which valued Island at nearly $5 billion. “J.P. Morgan Growth Equity Partners capitalizes on emerging trends and backs category creators by learning from J.P. Morgan’s global portfolio of technology vendors,” said Island CEO and Co-founder M...

PASADENA, Calif.--(BUSINESS WIRE)--ExchangeRight, one of the nation’s leading providers of diversified real estate REIT and DST investments, has announced Renasant Bank’s $15 million commitment to ExchangeRight’s Essential Income REIT’s revolving line of credit, raising the REIT’s committed capacity for its Credit Facility from $135 million to $150 million. The credit has been provided by Wells Fargo, Fifth Third, and now Renasant Bank. This closing strategically expands the REIT’s credit acces...

TORONTO & LONDON--(BUSINESS WIRE)--Moonvalley, the AI research company building foundational AI video models and tools trained exclusively on licensed content, today announced it has raised $84 million in additional funding led by existing investor General Catalyst. The round includes strategic investments from leading entertainment and sports agency Creative Artists Agency (CAA), AI cloud CoreWeave, and Comcast Ventures. Existing investors Khosla Ventures and YCombinator also participated, bri...

NEW YORK--(BUSINESS WIRE)--Asepha, a fast-growing startup leveraging AI agents for pharmacy automation, today announced the close of its $4 million Seed round, led by Glasswing Ventures and Core Innovation Capital. Panache, RedBud, and MGV also participated, with follow-on support from Ripple Ventures and Front Row Ventures. Founded in 2023 by Eunice Wu and Can Uncu, who bring strong experience in pharmacy operations and AI engineering, Asepha began with a simple but urgent question: how can we...

GREENWICH, Conn.--(BUSINESS WIRE)--Stone Point Capital LLC, a private equity firm focused on financial services and related industries, today announced the final closing of its tenth private equity fund, Trident X, with $11.5 billion in total commitments. Trident X exceeded its original target and hard cap of $9 billion and is approximately $2.5 billion larger than Trident IX, a $9 billion fund, which closed in 2022. Trident X received strong support from its existing investor base, as well as...