Funding News

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. Announces Closing of $3.2 Million Registered Direct Offering and Concurrent Private Placement...

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) today announced that the U.S. Department of Energy (DOE) has established a framework for Cliffs to finalize negotiations and implementation plans for its Middletown Works investment, rescoping the previously awarded $500 million DOE grant. The optimization project represents a $1 billion total investment in Middletown Works, with funding shared equally between Cleveland-Cliffs and the DOE. The investment is expected to be...

REDMOND, Wash.--(BUSINESS WIRE)--Starcloud, the company pioneering data centers in space, today announced a $250 million Series A extension funding round at a $2.3 billion post-money valuation. The round was led by Manhattan West, with participation from existing investors Benchmark, EQT, Soma, NFX, 776, and others, alongside new investors NVIDIA, Cisco Investments, Cedar Capital, Goanna Capital, Standard Capital, and others. The funding brings Starcloud's total capital raised to $450 million s...

SAN DIEGO--(BUSINESS WIRE)--Gossamer Bio, Inc. (Nasdaq: GOSS) (the “Company” or “Gossamer”), a clinical-stage biopharmaceutical company focused on the development and commercialization of seralutinib for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD), today announced that it has entered into a securities purchase agreement with certain new and existing institutional investors for a private placement financing...

AMSTERDAM--(BUSINESS WIRE)--Regulatory News: CTP N.V. (‘CTP’ or the ‘Company’), Europe’s largest listed owner, developer and manager of logistics and industrial real estate by gross lettable area, today announces the successful placement of a €500 million green bond with a 3-year maturity and a 3.625% fixed coupon (Mid Swap +65bps). The new senior unsecured bond issuance received strong investor interest. The orderbook came to €2 billion, which allowed for 35bps tightening versus the IPTs. Fina...

CHICAGO--(BUSINESS WIRE)--The Federal Home Loan Bank of Chicago (FHLBank Chicago) joined the Wisconsin Housing and Economic Development Authority (WHEDA) today in Milwaukee to recognize three of the 14 Wisconsin organizations receiving grants through the Community First® Housing Counseling Resource Program (HCRP): Acts Housing, Housing Resources Inc. and United Community Center.The grants, funded by FHLBank Chicago and administered by WHEDA in Wisconsin, expand access to housing counseling servi...

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. Announces $3.2 Million Registered Direct Offering and Concurrent Private Placement...

LOS ALTOS, Calif.--(BUSINESS WIRE)--TSVC (formerly TEEC Angel Fund) today issued a public clarification regarding inaccurate public statements made by Larry Li, Founder and Managing Partner of Amino Capital, concerning TSVC's landmark 2011 seed investment in Zoom Video Communications (then SaasBee). Founded in Silicon Valley in 2010, TSVC has invested in more than 200 technology startups, helping build 12 unicorns and 5 IPOs from the seed stage, including Zoom, Carta, Ginkgo Bioworks, Iterable,...

SAN MATEO, Calif.--(BUSINESS WIRE)--Twin1 AI, the privacy-first platform that gives every professional an AI-powered digital twin to scale their expertise, today announced its launch from stealth alongside a $20 million seed funding round. The round was co-led by Bessemer Venture Partners, Tribeca Venture Partners and Aramco Ventures. The funding will be used to expand the company’s teams in San Mateo, CA and London, UK, invest in go-to-market efforts, and further develop its core technology. F...

TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance announced the closing of a $140 million large equipment financing transaction with a private equity-backed company providing GPU cloud computing capacity to AI labs, enterprise customers, and public-sector organizations. The funding advances the continued expansion of the company’s high-performance cloud platform.The company operates a dedicated GPU cloud platform for AI workloads, enabling customers to access compute capacity for trai...