Funding News

NEW YORK--(BUSINESS WIRE)--Axonic Capital LLC (“Axonic”), an alternative investment management firm specializing in structured credit and commercial and residential real estate debt and equity, announced the closing of a fully funded $72 million senior loan to refinance the leasehold interest in 430 Park Avenue. The floating-rate loan refinances the existing senior debt and will also fund future tenant rollover and repositioning costs, including a comprehensive lobby renovation. The loan was fu...

AUSTIN, Texas & CHARLESTON, S.C.--(BUSINESS WIRE)--The Medical University of South Carolina (MUSC), a nationally leading academic health system with a growing innovation ecosystem, today announced a strategic partnership/collaboration designed to accelerate evaluation, development and clinical advancement of next-generation medical technologies with Revival Healthcare Capital, an investment firm focused on transformative external innovation partnerships in medical devices. Under the five-year a...

NEW YORK--(BUSINESS WIRE)--Catchment Capital (“Catchment”), a private equity firm focused on transforming middle market industrial businesses, today announced that it has made a majority investment in Vertech Industrial Systems (“Vertech” or the “Company”), an innovative process automation and digital systems integrator. Founded in 2004 and headquartered in Phoenix, Arizona, Vertech is a premier industrial systems integrator specializing in the design and implementation of advanced automation,...

SAN FRANCISCO--(BUSINESS WIRE)--OpenObserve, the modern observability platform delivering 140x lower storage costs with zero database management, today announced a $10 million Series A financing round led by Nexus Venture Partners and Dell Technologies Capital. Both lead investors participated in the company’s seed round and preemptively funded this round, driven by their strong conviction in the company’s momentum and enterprise traction. Over 6,000 organizations – including many of the Fortun...

NEW YORK--(BUSINESS WIRE)--Fence, the technology platform rebuilding the infrastructure of asset-backed finance, today announced $20 million in new funding, led by Galaxy Ventures. The round was oversubscribed and includes participation from seed investors ParaFi Capital and Crane Ventures Partners (FKA MassMutual Ventures), both of whom re-upped only some months after Fence's seed round. A $15 Trillion Industry Running on Spreadsheets, PDFs, and Emails Fence is built to address the $15 trillio...

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a forward-flow commitment from funds managed by affiliates of Fortress Investment Group (“Fortress”). Fortress has agreed to purchase up to $1.25 billion of consumer loans originated through the Upstart platform over the course of 15 months. The agreement follows an initial forward flow transaction between Upstart and Fortress announced in 2025...

HARRISBURG, Pa.--(BUSINESS WIRE)--MITER Foundation, the charitable arm of MITER Brands, a family of leading window and door brands, recently sponsored and partnered with the Woody Williams Foundation on the dedication ceremony of the new Gold Star Families Memorial Monument in Harrisburg, Pennsylvania, on the Pennsylvania State Capitol Grounds. The monument is part of an ongoing initiative by the Woody Williams Foundation. In each ceremony, the foundation installs a two-sided black granite monu...

LINCOLNSHIRE, Ill. & VANCOUVER, British Columbia--(BUSINESS WIRE)--Zebra Ventures, the corporate venture capital arm of Zebra Technologies Corporation (NASDAQ: ZBRA), today announced a strategic investment in Apera AI, a provider of 4D Vision for industrial robots. This venture investment reinforces Zebra’s focus on digitizing and automating workflows to accelerate frontline operations for organizations in the manufacturing and logistics industries and beyond. Apera AI’s 4D Vision system equips...

LONDON, Ontario--(BUSINESS WIRE)--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has recently submitted applications to two government agencies with programs supporting domestic critical minerals development and supply chain diversification. Fortune and the Tłıchǫ Government are forming a joint venture for the development of an access road to the Company’s NICO cobalt-gold-bismuth-copper mine and concentrat...

TORONTO--(BUSINESS WIRE)--Malar Group, the investment firm founded and led by Sayan Navaratnam, today announced it has closed the Friends & Family round of Attaboy Labs, Inc., the wellness brand behind the clinically-dosed daily supplement Every Damn Day. The investment combines capital with a long-term strategic partnership focused on scaling Attaboy into a global consumer brand. Founded by Nick Lawhon, Attaboy Labs has built a differentiated position in a crowded wellness category by lead...