Funding News

BRUSSELS--(BUSINESS WIRE)--CIBC Innovation Banking today announced that it has provided growth financing to Qover, a European-based embedded insurance platform. The funding will be used to support Qover’s continued expansion and growth. Qover orchestrates embedded insurance for businesses and insurers across Europe through a flexible, API-first tech platform that gives distribution partners more control over their insurance program. “Insurance is complex, but it doesn't have to be – and we're p...

HOUSTON--(BUSINESS WIRE)--Port Houston has been awarded a $48 million federal grant to support the construction of a new container yard and the installation of a new exit gate at the Bayport Container Terminal. These projects, part of Port Houston’s Strategic Terminal Operations & Resilience Measures (STORM) application, are designed to accommodate forecasted growth in goods movement demand while maximizing operational efficiency, facility resiliency, and safety for employees and terminal u...

LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF) (the “Company”), a premier health and wellness company, community and platform, today announced the closing of the previously announced private offering by HLF Financing SaRL, LLC and Herbalife International, Inc. (together, the “Issuers”), each a wholly owned subsidiary of the Company, of $800 million aggregate principal amount of 7.750% senior secured notes due in May 2033 (“2033 Secured Notes”). Concurrently with the issuance of the 20...

CALGARY, Alberta--(BUSINESS WIRE)--AltaLink has been selected to receive $1.8 million in funding from the Government of Alberta through the ERA Industrial Transformation Challenge....

SAN FRANCISCO--(BUSINESS WIRE)--General Analysis, a company building security infrastructure for agentic AI, today announced $10 million in seed funding led by Altos Ventures, with participation from 645 Ventures, Menlo Ventures, Y Combinator, and additional strategic investors and angels. The company was founded by former NVIDIA, Cohere, and DeepMind researchers and is working to close a widening security gap as companies race to put autonomous agents into production. General Analysis is alrea...

MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce closing of the private placement (the “Offering”) for aggregate gross proceeds of C$500,000 through the issuance of 5,000,000 units of the Company (each, a “Unit”) at a price of C$0.10 per Unit. Each Unit consists of one common share of the Company and one-half common share purchase warrant, with each whole warrant entitling the holder to acquire one common share of the Company a...

NEW YORK--(BUSINESS WIRE)--The New York Life Foundation announced Coaching the Future to expand access to trusted guidance for young people across the country....

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Axoft, a neurotechnology company, today announced it has raised an oversubscribed $55 million Series A led by C.P. Group Innovation. Alumni Ventures, the Stanford President’s Venture Fund, Hillhouse Investment and Gaorong Ventures also participated in the round. With more than $60 million in total funding raised, Axoft will use the capital to expand its current clinical trials globally and progress U.S. regulatory approval of its implantable Brain-Computer Int...

VANCOUVER, British Columbia--(BUSINESS WIRE)--The Forum, a Canadian charity unlocking the economic power of women entrepreneurs at scale, celebrates the three grand prize recipients of this year’s The Odlum Brown Forum Pitch. Each recipient will receive a $38,000 CAD prize package, made possible through the support of Wheaton Precious Metals, to help advance the next stage of growth for their business. The 2026 grand prize recipients are: Kimberley Hiebert, CEO & Co-Founder of Door Gurus Do...

NEW YORK--(BUSINESS WIRE)--Blockworks, the leading crypto data platform, today announced the close of a Series A extension at a $192 million valuation. The round was co-led by ParaFi and Reciprocal Ventures, with additional investment from Coinbase Ventures, Advancit Capital, MoonPay Ventures, Firestreak, Modular, Moonrock, Auros, Flowdesk, EV3, Equilibrium, EVG, 6ixth Event, Sfermion, The Rollup, Milk Road, and more. More than 20 founders and operators from Blockworks' customer base participat...