Funding News
Stay updated with the latest funding news. Read about funding rounds, venture capital investments, grants, and financial support for startups and businesses. Discover how funding initiatives drive innovation and growth across various sectors.
May 18, 2026 at 11:24 PM
Onto Innovation Announces Pricing of Upsized Private Offering of $1.3 Billion of 0.00% Convertible Senior Notes Due 2031
WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation” or the “Company”) today announced the pricing of its private offering of $1,300,000,000 aggregate principal amount of 0.00% Convertible Senior Notes due 2031 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced $1,100,000...
May 18, 2026 at 5:27 PM
Kin Health Raises $9M To Give Patients a Record of Their Own Care
LOS ANGELES--(BUSINESS WIRE)--Kin Health, a free app that allows patients to remember and act upon doctors’ advice, today announced a $9 million seed round led by Maveron, with participation from Town Hall Ventures, Flex Capital, Eniac Ventures, The Family Fund, Pear VC, Watershed Ventures, Foundry Square Capital, and individual investors including GoodRx co-founders Doug Hirsch and Trevor Bezdek, Nabeel Quryshi, Jay Desai, Alex Cohen, Saharsh Patel and more than 30 physicians. The company is b...
May 18, 2026 at 1:01 PM
Air Transport Services Group Announces 2026 Hete Family Scholarship Recipients
WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has announced the names of six recipients of the 2026 Hete Family Scholarship....
May 18, 2026 at 9:00 AM
Nord Quantique Reaches $1.4 Billion USD Valuation with Latest Investment
SHERBROOKE, Quebec--(BUSINESS WIRE)--Nord Quantique, a pioneer in the field of quantum error correction and quantum computing, today announced the closing of a $30 million investment to support the advancement of the Company’s roadmap towards fault tolerance in 2030. “Our hardware-efficient approach to quantum computing requires a fraction of the qubit overhead and a fraction of the capital. We aren’t interested in building the biggest or most expensive machine. Our goal is to build the most ef...
May 18, 2026 at 9:00 AM
Citi and HPS Investment Partners, a part of BlackRock, Announce €15 Billion Private Capital Program to Expand Direct Lending in EMEA
LONDON--(BUSINESS WIRE)--Citigroup Inc. (NYSE: C) and HPS Investment Partners, a part of BlackRock, today announced a €15 billion Private Capital Program (the “Program”), a strategic collaboration to expand comprehensive capital solutions and access to private financing for corporate and sponsor-owned borrowers in the region. The Program intends to finance €15 billion of debt opportunities in EMEA over an initial five-year term. Under the terms of the initiative, Citi will leverage its extensiv...
May 18, 2026 at 8:55 AM
Gradiant Announces Series E Financing at $2 Billion Valuation to Accelerate Expansion in AI, Semiconductors, and Industrial Water Infrastructure
BOSTON--(BUSINESS WIRE)--Gradiant today announced the close of Series E financing, valuing the company at $2 billion. The financing was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors. The financing will support Gradiant’s continued global expansion, including strategic acquisitions, accelerated research and development, and investments in operational scale and IPO readiness. The announcement comes amid unprecedente...
May 18, 2026 at 8:35 AM
Ralliant Spotlights Award of $27.3M Investment from the Defense Production Act to Scale Production at its PacSci EMC Operating Company
RALEIGH, N.C.--(BUSINESS WIRE)--Ralliant Corporation (“Ralliant” or the “Company”) (NYSE: RAL) a premier player in precision technologies, is proud to share the recent announcement from its Pacific Scientific Energetics Materials Company (PacSci EMC) business that the Department of War (DoW) has invested $27.3 million in Defense Production Act (DPA) Title III funds in PacSci EMC to expand the production of the universal Arm Fire Device (AFD), a critical safety component in solid rocket motor (S...
May 18, 2026 at 8:30 AM
Sigma Raises $80 Million Series E, Doubles Valuation to $3 Billion
SAN FRANCISCO--(BUSINESS WIRE)--Sigma, the AI Apps and agentic analytics platform, today announced the closing of $80 million in Series E financing at a $3 billion valuation. The round was led by new investor Princeville Capital with participation from new investors including Databricks Ventures, ServiceNow Ventures, Workday Ventures, and others. Previous investors also participated, including Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, K5 Global, NewView Capital, Spark Capit...
May 18, 2026 at 8:30 AM
Department of War Invests $27.3 Million in Pacific Scientific Energetic Materials Company to Bolster Production Capacity for Arm Fire Devices
CHANDLER, Ariz.--(BUSINESS WIRE)--Pacific Scientific Energetic Materials Company (“PacSci” or “PacSci EMC” or the “Company”) announced today that the Department of War (DoW) has invested $27.3 million in Defense Production Act (DPA) Title III funds in Pacific Scientific Energetic Materials Company to expand the production of the universal Arm Fire Device (AFD), a critical safety component in solid rocket motor (SRM) applications. This investment will enable PacSci EMC to scale-up production cap...
May 18, 2026 at 8:30 AM
NEXT Investors Invests in Transient.AI Series A to Advance AI Innovation in Regulated Capital Markets
NEW YORK--(BUSINESS WIRE)--NEXT Investors Invests in Transient.AI Series A to Advance AI Innovation in Regulated Capital Markets...
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