Funding News

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to six classes of notes issued by Clarus Capital Funding 2026-1, LLC (Clarus 2026-1), an equipment ABS transaction. Clarus 2026-1 represents the second equipment ABS transaction sponsored by Clarus Capital, LLC (Clarus). Founded in 2021, Clarus is a large-ticket independent equipment finance company headquartered in Boston, Massachusetts. The Company is owned by BharCap Partners, a private investment firm with over $2 billion in invest...

NEW YORK--(BUSINESS WIRE)--Chapter, the leading AI company focused on retirement, announced today that it has raised $100 million in Series E funding. The round was led by Generation Investment Management, with participation from new investors Fifth Down Capital, 8VC, as well as the company’s existing investors: Stripes, XYZ Venture Capital, Addition, Narya Capital, Susa Ventures, and Maverick Ventures. The company has more than doubled in valuation since its prior funding round less than one y...

NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh (NYSE: MRSH) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, announced today the successful close of fundraising for Mercer Private Investment Partners VIII ("PIP VIII"), which secured limited partner (LP) capital commitments totaling over USD $3.8 billion.1 This is the eighth vintage in Mercer’s PIP series, which is designed to...

HONG KONG--(BUSINESS WIRE)--The Asian University Basketball League (AUBL), Asia’s premier pan-regional intercollegiate basketball league, today announced the closing of its Series A funding round. The round was led by Blue Pool Capital, the family office of Alibaba co-founder and Brooklyn Nets owner Joe Tsai, building on his seed-round investment last May. Prominent new investors included Avenue Capital Group, led by Marc Lasry, former co-owner of the Milwaukee Bucks; Nan Fung Group, a leading...

LOUISVILLE, Ky.--(BUSINESS WIRE)--RAAPID, Inc., the leader in AI-powered risk adjustment solutions, today announced a strategic investment from Healthworx, the investment arm of CareFirst, Inc. This milestone completes an unprecedented "Industry Trifecta," making RAAPID the only risk adjustment platform backed simultaneously by a global technology giant (M12, Microsoft's Venture Fund), a world-class health system (UPMC Enterprises), and a top-tier payer investor (Healthworx, the investment arm...

BERLIN & LONDON--(BUSINESS WIRE)--AS Group, Hagenstraße 67, 14193 Berlin, Germany, is continuing to advance its capital markets–oriented growth strategy and is initiating a new corporate bond with a target volume of €50 million. The structuring of the issuance is being carried out via its subsidiary, AS Invest Capital LTD, London. With this planned issuance, the AS Group once again positions itself as an experienced and asset-focused market participant with a clear emphasis on real assets, sust...

BROOKLYN, N.Y.--(BUSINESS WIRE)--Collide Capital, an early-stage venture firm investing in companies focused on fintech, supply chain, and the future of work, today announced it has raised an oversubscribed $95 million Fund II, bringing the firm’s total assets under management (AUM) to over $170 million. Founded in 2021 by Brian Hollins and Aaron Samuels, who together bring experience leading founder communities, and operating at consulting, investment, and technology firms, Collide invests in...

SANTA CLARA, Calif.--(BUSINESS WIRE)--SiFive, the gold standard for RISC-V processor IP, today announced it has raised $400 million in an oversubscribed Series G financing to accelerate its high-performance data center roadmap. This equity funding round was led by Atreides Management with other A-list investors* including Apollo Global Management, NVIDIA, Point72 Turion, and T. Rowe Price Investment Management, Inc., alongside repeat investors Prosperity7 Ventures, and Sutter Hill Ventures. The...

NEW YORK--(BUSINESS WIRE)--The Hotel Association of New York City Foundation (HANYC Foundation), the philanthropic arm of the Hotel Association of NYC, today announced a $15,000 grant to the New York City Police Foundation to advance public safety initiatives and support safer environments for hotel guests, hospitality employees, and communities across New York City. This marks the second grant the HANYC Foundation has awarded to the New York City Police Foundation, further building upon their...

NORWALK, Conn.--(BUSINESS WIRE)--HomeServe awarded 20 skilled trades grants totaling $50,000 for its 2nd annual program to support contractors' workforce development and training....