Funding News

LONDON--(BUSINESS WIRE)--AppFactor, the agentic orchestration platform that delivers autonomous maintenance for enterprise software, announced a $4 million seed round led by Tensor Ventures, with participation from Begin Capital, Adara Ventures and Narwhal Investments. The funding will accelerate go-to-market efforts and expand the platform’s capabilities, including autonomous refactoring that transforms legacy software into self-maintaining, secure, cloud-ready assets. “Enterprises have brilli...

SINGAPORE & LONDON--(BUSINESS WIRE)--Vertical Aerospace (“Vertical”) [NYSE:EVTL], a global aerospace and technology company that is pioneering electric aviation, today announced it has been selected as a winner of the “Dimension X Cohort 7 Challenge”, and awarded a Proof-of-concept (POC) grant by Hatch, an innovation centre of Singapore’s Home Team Science & Technology Agency (HTX) for public safety. The grant will enable Vertical to develop, test and validate an Emergency Medical Services...

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Omeat, a leader in scalable cultivated meat production, today announced its rebrand to Evergreen Select and the raise of an additional $6 million in funding, reflecting the company’s sharpened focus on bringing stability to a beef industry defined by volatility. Evergreen’s new identity formalizes a strategy that shifts cultivated meat from a consumer curiosity to a dependable infrastructure solution that strengthens the existing beef supply chain. In a m...

DALLAS--(BUSINESS WIRE)--CIC Partners (“CIC”), a leading middle-market private equity firm, is pleased to announce the successful realization of its investment in American College of Education (“ACE”). Following a strategic partnership initiated in 2020, ACE has entered its next chapter of growth with a newly announced investment from Bain Capital Double Impact. Since CIC’s initial investment, ACE has solidified its position as a leader in affordable, high-quality online education. During the p...

SAN DIEGO--(BUSINESS WIRE)--Vervent Inc., a fintech leader in the servicing space, today announced a forward flow agreement led by Mesirow Alternative Credit, a prominent independent financial services firm. The transaction will provide up to $80 million in funding over the next 12 months to support the origination of unsecured credit cards across Vervent's portfolio. The strategic partnership will fuel expansion of Vervent's Revvi, Total Visa, First Access, and Total Select credit card program...

LOS ANGELES--(BUSINESS WIRE)--Mitra EV, a commercial fleet electrification platform focused on delivering immediate operating cost savings to fleet operators without upfront costs, today announced a $27 million financing including equity funding from lead investor Ultra Capital and a credit facility from S2G Investments. The financing supports Mitra’s expansion as fleet operators increasingly seek solutions that deliver immediate returns amid tightening capital markets and recent industry-wide...

BOSTON--(BUSINESS WIRE)--Eterna Growth Partners (“Eterna”) announced the completion of its spinout from Charlesbank Capital Partners, effective immediately. Formerly operated as Charlesbank’s dedicated Technology Opportunities Fund (“TOF”) strategy, the newly independent and rebranded firm will continue to manage all existing TOF funds while operating as a standalone private equity platform focused on middle-market technology investments. The launch follows a deliberate, collaborative process o...

NEW YORK--(BUSINESS WIRE)--Alaffia Health, the leader in agentic AI for health plan claims operations, today announced a $55 million Series B financing, led by Transformation Capital, with participation from insiders including FirstMark Capital, Tau Ventures, and Twine Ventures. The round brings Alaffia’s total funding to more than $73 million. As health plans face rising medical costs, increased regulatory scrutiny, and up to $570 billion in estimated annual administrative waste, demand is gro...

LOS ANGELES--(BUSINESS WIRE)--Sonic Fire Tech, a NASA-inspired firetech startup pioneering infrasound-based wildfire prevention systems, has been named a CES 2026 Innovation Awards® Honoree in the Smart Home product category by the Consumer Technology Association (CTA) for its groundbreaking Sonic Home Defense system. The recognition underscores the company’s leadership in developing safe, sustainable wildfire defense solutions designed to protect homes and communities before flames ignite. The...

PALO ALTO, Calif.--(BUSINESS WIRE)--Midi Health, the fastest growing women’s telehealth company, today announced it raised $100 million in a Series D financing round....