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American Community Lending Secures $17.5 Million To Accelerate Bridge Lending Growth

By Amit Chowdhry ● Yesterday at 10:05 AM

American Community Lending announced the closing of its inaugural $17.5 million investment-grade corporate note financing, marking a significant capital milestone for the Dallas-based real estate bridge lender. The new funding will support expanded lending operations and fuel continued portfolio growth as the Company deepens its presence in commercial real estate construction financing.

Rage Biotech: Monash University Spin-Off Raises A$29 Million Series A To Advance RNA Therapeutics Toward Clinical Trials

By Amit Chowdhry ● Yesterday at 9:53 AM

RAGE Biotech, a Monash University spin-off, has secured A$29 million in Series A financing to accelerate the development of its next-generation RNA-based therapeutics for the treatment of chronic inflammatory diseases. The investment represents a significant milestone for the company as it advances its lead program, RB042, toward first-in-human clinical studies targeting chronic obstructive pulmonary disease and related inflammatory lung conditions.

Forza Invests In KitchenSync And Helps Secure $10 Million Credit Facility

By Amit Chowdhry ● Yesterday at 9:51 AM

Forza Holdings announced a series of strategic investments in KitchenSync, a provider of artificial intelligence-powered financial reporting and back office software supporting the restaurant and hospitality sectors. The Newport Beach-based structured and specialty private financing firm confirmed both a debt investment and a convertible note investment in the company, deepening a partnership that has expanded significantly in recent months.

Salesforce To Buy Doti, Expanding AI R&D And Agentic Search Capabilities

By Amit Chowdhry ● Yesterday at 5:55 AM

Salesforce has signed a definitive agreement to acquire Doti, an agentic enterprise search company known for its work in unified search and knowledge discovery. The acquisition will expand Salesforce’s AI R&D hub in Israel and accelerate the development of a unified, agentic search experience across the company’s platform.

Google Announces $40 Billion Texas Expansion To Bolster AI And Cloud Infrastructure

By Amit Chowdhry ● Yesterday at 5:42 AM

Google is making one of its most significant U.S. commitments to date with a new $40 billion investment in Texas through 2027, expanding its cloud and artificial intelligence footprint across the state. The company, which has operated in Texas for more than 15 years, said the funding will support the development of new cloud and AI infrastructure, including data-center campuses in Armstrong and Haskell Counties.

Merck To Buy Cidara Therapeutics In $9.2 Billion Deal

By Amit Chowdhry ● Yesterday at 5:25 AM

Merck announced a significant expansion of its infectious disease pipeline through a definitive agreement to acquire Cidara Therapeutics for approximately $9.2 billion in cash. The agreement will bring Cidara’s late-phase antiviral candidate CD388 into Merck’s portfolio as the company advances its strategy to broaden its development programs through science-driven transactions.