Venture Capital

Novartis Signs Up To $7.8 Billion Licensing Deal With Abogen For mRNA-Encoded T-Cell Engager

By Amit Chowdhry ● Oct 3, 2026

Abogen Biosciences has entered into a licensing and option agreement with Novartis covering ABO2203 and additional potential programs based on Abogen's proprietary RNA platform, with the deal carrying up to approximately $7.8 billion in upfront and potential milestone payments.

Amazon Commits More Than $1 Billion To Data Center Communities Over Five Years

By Amit Chowdhry ● Oct 3, 2026

Amazon has announced a new community investment program that will add more than $1 billion in funding over the next five years to communities where the company operates data centers in the U.S.

Parakeet Health Raises $10 Million Series A, Bringing Total Funding To $13 Million

By Amit Chowdhry ● Oct 3, 2026

Parakeet Health has raised an oversubscribed $10 million Series A after 10x annual recurring revenue growth and expanding adoption of its AI-based patient access platform. Canvas Ventures led the round, with participation from Blank Space Ventures, StoryHouse Ventures, and HMC INQ. The financing brings Parakeet's total funding to $13 million.

Kanu Raises $11.7 Million To Build Enterprise AGI Platform

By Amit Chowdhry ● Oct 3, 2026

Kanu AI has raised $11.7 million as it emerges from stealth with a platform designed to capture how employees perform complex work and turn that knowledge into production-grade enterprise software. Trilogy Equity Partners led the financing, with participation from a16z speedrun, BMW i Ventures and Accel.

Cable One In Advanced Financing Discussions With GTCR And Private Lenders

By Amit Chowdhry ● Oct 2, 2026

Cable One is in advanced discussions with GTCR, certain existing lenders and a consortium of private lending institutions regarding potential financing transactions designed to address the broadband provider's upcoming capital requirements.

WTEC Secures $345 Million Credit Facility Led By Santander Bank

By Amit Chowdhry ● Oct 2, 2026

WTEC has secured a $345 million asset-based revolving credit facility led by Santander Bank to provide additional working capital for the company's expansion across renewable energy, grid modernization, data center and AI infrastructure markets.

Rising Point Capital Management Closes $325 Million Inaugural Fund

By Amit Chowdhry ● Oct 2, 2026

Rising Point Capital Management has closed its inaugural institutional private equity fund with $325 million in total commitments, exceeding its original $250 million target.

SMT Energy Secures Up To $268 Million Equity Partnership With Climate Adaptive Infrastructure

By Amit Chowdhry ● Oct 2, 2026

SMT Energy has formed an equity partnership with Climate Adaptive Infrastructure for up to $268 million at the parent-company level to accelerate the development, construction and operation of battery energy storage projects across the U.S.

Daptic Raises $15 Million Series A For Product Compliance Platform

By Amit Chowdhry ● Oct 2, 2026

Daptic has raised a $15 million Series A led by Canvas Ventures, bringing total funding for the product compliance technology company to $22 million. IA Ventures and 8VC also participated in the round, along with other investors. As part of the financing, Rebecca Lynn of Canvas Ventures and Brad Gillespie of IA Ventures are joining Daptic's board.

Novele Raises $17 Million Series A To Scale AI Energy Platform For Commercial Buildings

By Amit Chowdhry ● Oct 2, 2026

Novele has closed an oversubscribed $17 million Series A to scale its autonomous energy intelligence platform for commercial buildings. Boisei Labs led the round, with participation from Locke Health, Arup Ventures, Barton Malow and several large commercial real estate owners and operators.

6K Additive Secures $27.4 Million EXIM Loan For U.S. Manufacturing Expansion

By Amit Chowdhry ● Oct 2, 2026

6K Additive has executed a final $27.4 million secured loan agreement with the Export-Import Bank of the United States to expand domestic manufacturing capacity for critical materials used in aerospace, defense, space, energy and advanced industrial applications.

Flow Engineering Raises $50 Million Series B At $750 Million Valuation

By Amit Chowdhry ● Oct 2, 2026

Flow Engineering has raised a $50 million Series B at a $750 million valuation to expand its AI-powered systems engineering platform for hardware development.

Certified Origins Secures $60 Million Revolver From CIT Northbridge

By Amit Chowdhry ● Oct 2, 2026

Certified Origins has secured a $60 million asset-based revolving credit facility from CIT Northbridge to support the food company's continued growth in North America. CIT Northbridge served as sole lender on the transaction, while Arch & Beam advised Certified Origins.

Sole Source Capital Appoints Claire Bissot As Chief Human Resources Officer

By Amit Chowdhry ● Oct 2, 2026

Sole Source Capital has appointed Claire Bissot as Chief Human Resources Officer, creating a new executive role focused on talent, leadership and organizational effectiveness across the private equity firm and its portfolio companies.

NN Raises $50 Million Through Private Placement To Eliminate Preferred Stock And Fund Growth

By Amit Chowdhry ● Oct 2, 2026

NN has entered into a securities purchase agreement for a private investment in public equity financing expected to generate approximately $50 million in net proceeds after placement agent fees and offering expenses.

XIVER Secures €28 Million Senior Debt Financing From ABN AMRO For €55 Million Investment Program

By Amit Chowdhry ● Oct 2, 2026

ABN AMRO is providing €28 million in senior debt financing to Dutch semiconductor company XIVER as part of a €55 million investment program designed to expand manufacturing capacity and technological capabilities.

Breye Therapeutics Raises €67.5 Million Series A To Advance Danegaptide Into Phase 2

By Amit Chowdhry ● Oct 2, 2026

Breye Therapeutics has raised an oversubscribed €67.5 million Series A financing to advance its lead retinal disease candidate danegaptide into a randomized Phase 2 clinical trial. The round was co-led by new investor Mission BioCapital and existing investor Novo Holdings.

Walapay Raises $4.6 Million Seed Round To Expand Global Payments Infrastructure

By Amit Chowdhry ● Oct 2, 2026

Walapay has raised $4.6 million in seed financing to expand its licensing footprint, deepen banking relationships and grow its team as it builds cross-border payments infrastructure across emerging markets.

IFS Capital Signs S$79 Million MSME Loan Securitization With CapitaLand Investment

By Amit Chowdhry ● Oct 2, 2026

IFS Capital has signed its inaugural S$79 million loan securitization program backed by a portfolio of micro, small and midsize enterprise loans secured by Singapore real estate.

PermaCold Logistics Secures $10 Million In New Markets Tax Credit Financing From UB Community Development

By Amit Chowdhry ● Oct 2, 2026

UB Community Development has provided $10 million in New Markets Tax Credit financing to support development of a new cold storage and refrigerated logistics facility for PermaCold Logistics in Albertville, Alabama.

Rithm Capital And DRA Advisors Form Joint Venture For 1301 Avenue Of The Americas

By Amit Chowdhry ● Oct 2, 2026

Rithm Capital has closed a joint venture with a fund managed by DRA Advisors covering ownership of 1301 Avenue of the Americas, a flagship property within the New York office portfolio of Rithm's Elecor Properties platform. Terms of the transaction were not disclosed.

Oaktree Asset-Backed Finance Fund Closes At $2 Billion

By Amit Chowdhry ● Oct 2, 2026

Oaktree has closed its Asset-Backed Finance Fund (ABF I) with $2 billion in commitments across the fund and related investment vehicles. The final close reached the fund's fundraising target and attracted a globally diversified group of institutional investors.

UT Southwestern Spinoff MusiQ Bio Receives $2.59 Million CPRIT Grant For Cancer Immunotherapy

By Amit Chowdhry ● Oct 2, 2026

MusiQ Bio, a biotechnology company spun out of UT Southwestern Medical Center, has received a $2.59 million grant from the Cancer Prevention and Research Institute of Texas to advance an ultrasound-based cancer immunotherapy platform.

Bally’s Closes $560 Million Financing Led By WhiteHawk For $4 Billion Bronx Casino Project

By Amit Chowdhry ● Oct 2, 2026

Bally's Corporation has closed financing led by WhiteHawk Capital Partners to support development of its planned $4 billion Bally's Bronx integrated casino project in New York.

W4 Games Raises $18 Million Series B To Expand Godot Enterprise Platform

By Amit Chowdhry ● Oct 2, 2026

W4 Games has raised $18 million in Series B funding to expand its international team, accelerate development of its enterprise technology and support growing commercial adoption of the open-source Godot Engine. The round was led by Tencent, with participation from OSS Capital, Lux Capital, Naval Ravikant and Tobias Lütke's family office.

NETSTREIT Secures $550 Million In New Term Loan Commitments And Amends Facilities

By Amit Chowdhry ● Oct 2, 2026

NETSTREIT has closed $550 million in additional financing commitments and amended existing credit facilities agented by PNC Bank, Wells Fargo and Truist Bank.

Supabase Raises $150 Million And Acquires Turso To Expand Agentic Database Infrastructure

By Amit Chowdhry ● Oct 2, 2026

Supabase has raised $150 million in new funding led by GIC, with participation from CapitalG, IronArc and SquarePeg, while also announcing the acquisition of database infrastructure company Turso.

University Of Notre Dame Joins $60 Million AI Agriculture Initiative Targeting 100 Million Farmers

By Amit Chowdhry ● Oct 2, 2026

The University of Notre Dame is participating in a $60 million global initiative using artificial intelligence and automated forecasting tools to improve access to climate and crop information for smallholder farmers.

Vanderbilt University: Michael And Allison Rees Give $25 Million To Establish Undergraduate Center For Finance

By Amit Chowdhry ● Oct 2, 2026

Michael and Allison Rees have committed $25 million to Vanderbilt University to establish the Vanderbilt Undergraduate Center for Finance, creating a new academic and career-development hub for students pursuing finance careers.

Brown University Launches Deep Tech Impact Fund With Up To $100,000 Per Project

By Amit Chowdhry ● Oct 2, 2026

Brown Technology Innovations has launched the Brown Deep Tech Impact Fund to help move promising university research from scientific discovery toward company formation and commercialization.