Funding News

SAN DIEGO--(BUSINESS WIRE)--Turquoise Health (“Turquoise”), a multi-sided healthcare pricing and payment platform, today announced it has raised $40 million in Series C funding. The round was led by Oak HC/FT, with participation from existing investors including Andreessen Horowitz, Adams Street Partners, and Yosemite. Healthcare’s financial infrastructure is broken in a way that costs the industry nearly $1 trillion in administrative spend annually. The core problem is structural, with the con...

MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX: NOU) has executed a commitment letter in respect of senior secured project debt to support the construction, development and commissioning of the Phase-2 Matawinie Mine, a major project of national interest as identified by the Government of Canada. Leading Canadian public finance institutions, Export Development Canada (“EDC”) and the Canada Infrastructure Bank (“CIB”), have committed to providing...

ARLINGTON, Va.--(BUSINESS WIRE)--Sands Capital today announced the successful closing of Global Innovation Fund III, raising $1.1 billion....

MORGANTOWN, W. Va.--(BUSINESS WIRE)--Infinity Natural Resources, Inc. (“Infinity” or the “Company”) (NYSE: INR) today announced that its subsidiary, Infinity Natural Resources, LLC (the “Issuer”), intends to offer, subject to market conditions and other factors, $500 million in aggregate principal amount of senior notes due 2031 (the “Notes”) in a private placement to eligible purchasers (the “Notes Offering”). The Notes will be guaranteed on a senior unsecured basis by all of the Issuer’s subs...

WAUKESHA, Wis.--(BUSINESS WIRE)--V-Glass, an R&D firm developing next-generation vacuum insulated glass (VIG), is proud to announce the closing of a $3 million seed round led by the Grantham Foundation for the Protection of the Environment and its affiliate, Neglected Climate Opportunities. This seed round, along with a recent $1 million grant award from the Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E) under its Galvanizing Leaps in Advanced Super INsulating...

SAN FRANCISCO--(BUSINESS WIRE)--Gradient, the leading early stage venture capital firm designed for founders in artificial intelligence, announced it closed a new $220 million flagship seed fund. The firm now manages nearly $1.2 billion in assets across five discrete funds. Founded in 2017 as one of the first AI-focused venture funds, the firm now employs twelve professionals focused on pre-seed and seed stage investments in AI startups in sectors including applications, agentic platforms, and...

LUXEMBOURG--(BUSINESS WIRE)--THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN, OR AT ANY ADDRESS IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE...

NEW YORK--(BUSINESS WIRE)--Surf AI, the agentic operations platform for modern security teams, today announced its launch and $57 million in funding to accelerate the development of its AI-native security execution offerings. The round was led by Accel, with participation from existing investors Cyberstarts and Boldstart Ventures. The funding will support continued investment in product development, team expansion, and scaling for additional enterprise adoption. Surf AI was founded in 2024 by a...

COVINGTON, Ky.--(BUSINESS WIRE)--Healthcare workforce platform Definity announced a Series A investment led by Accrete Health Partners, the venture arm of Bon Secours Mercy Health....

WASHINGTON--(BUSINESS WIRE)--MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced an equity capital raise of more than $1.2 billion. This equity raise includes: a $500 million commitment from Idemitsu Kosan, a highly respected global energy company with a long-standing presence across the energy value chain; and additional commitments of $790 million from both new and existing investors. This represents a significant mil...