Venture debt

DealFlow Events Announces the 2nd Annual Venture Debt Conference 2024

Retrieved on:

Tuesday, February 13, 2024

Structural capital, Education, Growth, Barnes & Thornburg, IBN, Conference, Partner, SVB, Silicon Valley Bank, CIO, Venture debt, HSBC, Edison Theatre, Bank

NEW YORK, Feb. 13, 2024 (GLOBE NEWSWIRE) -- via IBN – DealFlow Events, host and organizer of hundreds of investment themed conferences over the past two decades, is proud to announce the 2nd Annual Venture Debt Conference 2024 , the world’s largest forum dedicated to non-dilutive financing strategies for emerging growth companies.

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NEW YORK, Feb. 13, 2024 (GLOBE NEWSWIRE) -- via IBN – DealFlow Events, host and organizer of hundreds of investment themed conferences over the past two decades, is proud to announce the 2nd Annual Venture Debt Conference 2024 , the world’s largest forum dedicated to non-dilutive financing strategies for emerging growth companies.
The full-day forum will focus on the growing role of venture debt and the varied forms of financing that minimize ownership dilution.
The Venture Debt Conference offers unique opportunities for networking, as well as in-depth discussions of nondilutive loan strategies for VC-backed and emerging growth companies.
The Venture Debt Conference 2024 is free to attend for executive-level employees or board directors at qualifying private companies or those representing a venture-backed or emerging growth company contemplating venture debt.

Energy Dome Announces Funding Commitments From Breakthrough Energy Catalyst and the European Investment Bank to Support Construction of Its First Standard Commercial-Scale CO2 Battery

Retrieved on:

Friday, December 1, 2023

Funding will be in the form of a project-level grant commitment of up to €35,000,000 from Breakthrough Energy Catalyst and €25,000,000 Venture Debt financing commitment from the European Investment Bank, both subject to the satisfaction of funding conditions.

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Funding will be in the form of a project-level grant commitment of up to €35,000,000 from Breakthrough Energy Catalyst and €25,000,000 Venture Debt financing commitment from the European Investment Bank, both subject to the satisfaction of funding conditions.
View the full release here: https://www.businesswire.com/news/home/20231201183451/en/
Energy Dome's CO2 Battery (Rendering) - Ottana, Sardinia, Italy (Photo: Energy Dome)
Breakthrough Energy Catalyst funds and invests in first-of-a-kind commercial projects for emerging climate technologies.
The project will use a standard frame 20MW/200MWh CO2 Battery, which can supply energy to the grid for ten consecutive hours.
I am delighted to announce the EIB’s intention to support Energy Dome with a EUR 25 million Venture Debt financing.

Pax8 Announces Strategic Relationship and Growth Capital Financing with Global Banking Leader HSBC

Retrieved on:

Tuesday, September 5, 2023

Venture debt, HSBC, Ecosystem, Bank, PAX8

DENVER, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Pax8 , the leading cloud commerce marketplace, today announced that HSBC Innovation Banking will be the company’s primary banking partner.

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DENVER, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Pax8 , the leading cloud commerce marketplace, today announced that HSBC Innovation Banking will be the company’s primary banking partner.
The newly established relationship provides Pax8 with a $50 million line of credit, bolstering the company’s already substantial liquidity position and furthering its growth ambitions.
HSBC's global reach, commitment to innovation, and fortress balance sheet further bolster our market position,” stated Puneet Pamnani, Chief Financial Officer at Pax8.
“Pax8 aligns perfectly with our vision for fostering innovation on a global scale,” said Jack Mai, Vice President of Venture Debt at HSBC Innovation Banking.

Flow Capital announces 5-year investment performance

Retrieved on:

Monday, June 5, 2023

Venture debt, Flow, Black–Scholes model, Environment, Investment, Model Business Corporation Act, Security (finance)

Warrant values are calculated using Black-Scholes pricing and are not increased unless there is an external equity financing event.

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Warrant values are calculated using Black-Scholes pricing and are not increased unless there is an external equity financing event.
The combined entity was subsequently renamed Flow Capital Corp.
“Recent market dynamics have created an environment in which the demand for Flow Capital’s funding has grown dramatically.
Deal flow has accelerated in recent months, and it is our expectation that much more capital will be deployed into more great growth companies at a faster rate,” said Mr. Baluta.

Flashpoint Automates its Venture Scout Program

Retrieved on:

Tuesday, February 21, 2023

Software, Technology, Professional Services, Finance, Venture debt, VC, Trust, Scouting, Investment, Telescopic sight, Cryptocurrency, Flashpoint

Flashpoint, an international tech investment firm, is increasing the scale, speed and success of its Venture Scout Program by fully automating its capabilities to ensure investment opportunities are identified and executed rapidly.

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Flashpoint, an international tech investment firm, is increasing the scale, speed and success of its Venture Scout Program by fully automating its capabilities to ensure investment opportunities are identified and executed rapidly.
Flashpoint expanded its program significantly in January 2023, receiving more than 100 applications in two weeks.
Flashpoint initially launched the program in 2021, to look for individuals who are close to tech communities within Flashpoint's geographical focus.
Flashpoint is now aiming to streamline the program by reducing correspondence times, increasing transparency and reducing response times.

Mercury Introduces IO, A New Corporate Credit Card To Help Startups Scale Their Business

Retrieved on:

Monday, September 12, 2022

Mercury , the company more than 80,000 startups trust for banking*, today unveiled IO , a new company credit card built for smooth scaling.

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Mercury , the company more than 80,000 startups trust for banking*, today unveiled IO , a new company credit card built for smooth scaling.
View the full release here: https://www.businesswire.com/news/home/20220912005228/en/
Mercury introduces IO, the corporate card built to help founders scale their companies with confidence.
The single most requested feature from our customers is a company credit card, said Immad Akhund, co-founder and CEO of Mercury.
With the addition of IO, Mercury adds another piece to its bundle of banking products for startups and entrepreneurs.

Debbie pledges 10% of their fundraise to reward borrowers for debt payoff

Retrieved on:

Tuesday, February 22, 2022

Debbie, Adult, Habit, Industry, Multimedia, BDMI, Weight loss, View, Venture debt, Love, Bank, Online shopping

MIAMI, Feb. 22, 2022 /PRNewswire/ -- The team at Debbie has been busy building the first debt payoff platform that rewards borrowers for adopting healthy financial habits.

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MIAMI, Feb. 22, 2022 /PRNewswire/ -- The team at Debbie has been busy building the first debt payoff platform that rewards borrowers for adopting healthy financial habits.
Debbie is excited to announce the invite-only beta launch of their app and $1.2m in pre-seed funding!
Given the increasing need for debt payoff solutions,Debbie is excited to announce theinvite-only beta launch of their app and$1.2m in pre-seed funding!
None of these teach borrowers better habits, leading to yo-yo debt, similar to crash weight loss diets.

HSBC Venture Debt Program Will Reserve $100 Million in Lending to Support Startups Founded and Led by Women and Minorities

Retrieved on:

Thursday, October 14, 2021

HSBC today announced that it will allocate $100 million in lending for companies that are founded and led by women and minorities through HSBC Ventures, which provides capital to startups and early-stage businesses around the world.

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HSBC today announced that it will allocate $100 million in lending for companies that are founded and led by women and minorities through HSBC Ventures, which provides capital to startups and early-stage businesses around the world.
Venture growth financing is critical to furthering innovation for early-stage companies that need capital, said Martin Richards, President of HSBC Ventures.
According to published reports, venture capital funding to women-led companies fell during the global pandemic.
Data shows that the proportion of dollars to female-only founders declined to 2.3% in 2020 compared to 2.8% in 2019.

Hercules Capital Announces the Appointment of Wade Loo to Its Board of Directors

Retrieved on:

Friday, June 25, 2021

Professional services, Finance, Finance, Money, Economy, Entrepreneurship, Private equity, Venture capital, Corporate finance, Startup company, Audit committee, Venture debt

Hercules Capital, Inc. (NYSE: HTGC) (Hercules or the Company), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that effective July 1, 2021, Wade Loo was appointed to the Hercules board of directors.

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Hercules Capital, Inc. (NYSE: HTGC) (Hercules or the Company), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that effective July 1, 2021, Wade Loo was appointed to the Hercules board of directors.
Mr. Loo brings over 40 years of business experience in all aspects of financial reporting serving public companies from emerging startups going public to large-cap multinationals.
Wade provides relevant financial business expertise that complements our leading venture lending franchise and further strengthens our highly diversified board, said Scott Bluestein, chief executive officer and chief investment officer of Hercules.
Mr. Loo currently serves as the Chair of the Board and past Audit Committee Chair for the Silicon Valley Community Foundation Company.

Runway Growth Capital LLC Announces New Senior Hires, Augmenting its Finance and Accounting Team and Technology Origination Team

Retrieved on:

Wednesday, June 23, 2021

Money, Finance, Economy, Investors, Credit, Loans, Financial law, Venture debt

Thomson brings almost ten years of financial experience in banking, lending and accounting to Runway, with a blend of technical experience, risk management, and project management.

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Thomson brings almost ten years of financial experience in banking, lending and accounting to Runway, with a blend of technical experience, risk management, and project management.
Weyer will work alongside Mark Donnelly, Head of Origination at Runway, to cultivate new borrower and investor relationships for its technology portfolio.
Runway Growth Capital LLC is the investment advisor to investment funds, including Runway Growth Credit Fund Inc., which are lenders of growth capital to companies seeking an alternative to raising equity.
For more information on Runway Growth Capital LLC and its platform, please visit our website at www.runwaygrowth.com .