Funding News

BOSTON--(BUSINESS WIRE)--Verastem Oncology (Nasdaq: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, today announced that it has entered into a securities purchase agreement with certain institutional and accredited investors for a private placement of approximately $24 million of shares of its common stock at a price of $7.00 per share and, in lieu of common stock to certain investors, $51 million of pre-funded warrants...

BRUSSELS--(BUSINESS WIRE)--Regulatory news: Llama Group SA (Paris: ALLAM) (Brussels: ALLAM) announces the implementation of a structured financing mechanism by its main shareholder, Maxximum SA, aimed at supporting the company’s strategic development in the coming months. As part of this initiative, Maxximum SA, which currently holds 5,307,818 shares representing 39.27% of Llama Group SA’s share capital and 56.39% of the voting rights, plans to sell up to 1,307,818 of its Llama Group shares dur...

RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation announced its approval of the capital investment by its subsidiary American Pacific Corporation (AMPAC) of up to $100 million to expand AMPAC’s ammonium perchlorate production capabilities in support of growing solid rocket motor demand. This investment will allow AMPAC to construct an additional production line, increasing capacity by more than 50%. The increased capacity will allow AMPAC to meet the domestic deman...

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--TadHealth, a leading provider of mental health technology solutions for schools, today announced the successful completion of its $5.5 Million dollar Series A funding round, led by seasoned healthcare executives. The multimillion-dollar investment, backed by a powerful consortium of healthcare and education investors, will propel TadHealth’s mission to transform mental health support in K-12 education by expanding its platform and scaling its services nat...

COLTON, Calif.--(BUSINESS WIRE)--To support public commercial EV charging infrastructure and fleet electrification, Greenlane has opened its inaugural advanced charging site in Colton, California, and secured its first commercial fleet customer, Nevoya, the first zero-emissions electric trucking carrier and technology-driven logistics platform in the U.S. The flagship facility, located at the intersection of Interstates 215 and 10, was completed just eight months after breaking ground, thanks t...

PHOENIX--(BUSINESS WIRE)--The Steele Foundation held a private ribbon-cutting ceremony for the new Daniel Cracchiolo Institute for Pediatric Autoimmune Disease Research....

BERKELEY, Calif.--(BUSINESS WIRE)--Ray Therapeutics Awarded $8M CIRM Grant to Advance RTx-015 Gene Therapy for Retinitis Pigmentosa...

PALO ALTO, Calif.--(BUSINESS WIRE)--Overture Life today announced a $20.6 million strategic round, bringing its total funding to $57 million from leading industry investors, to support additional clinical research and product development designed to make IVF affordable to more people. The company is also announcing its newly achieved CLIA (Clinical Laboratory Improvement Amendments) license in the United States to meet federal clinical laboratory standards for m|z, its AI-powered, non-invasive...

MECHANICSBURG, Pa.--(BUSINESS WIRE)--The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., recently announced that 16 organizations throughout Pennsylvania American Water’s service area were awarded 2025 Water and Environment grants totaling $180,000. “Stroud Water Research Center is grateful to receive an American Water Charitable Foundation Water and E...

MIAMI--(BUSINESS WIRE)--Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), closed $521 million in seniors housing financings during Q1 2025. The transactions included significant bridge and HUD loans for skilled nursing facilities (SNFs) in multiple states, underscoring Dwight's consistent nationwide presence in this sector. DMT provided a $54.6 million bridge loan to finance the acquisition of a six-property, 925-bed skilled nursing portfolio in Pennsylvania. The properties in...