GMI Cloud draws $947m in GPU-backed loan commitments with CTBC
Commitments more than doubled the earlier target, with Nvidia able to lease unused GPU capacity for up to six years under a revenue-sharing arrangement.
1 min read14 Sept 2026Alex Price
Founder & Editor
Alex Price is the founder & editor of Undiluted. Having previously built and sold an agency and media business to a debt financed roll up, he launched Undiluted in 2026. Alex talks with lenders & advisors across the growth debt ecosystem daily, tracking the news and trends shaping the market.
LinkedIn (opens in a new tab)Deals Deals NatWest provides Perk with £25m debt facility
The UK bank package is separate from Perk’s $300 million private credit facility led by Neuberger Specialty Finance in June.
1 min read14 Sept 2026Deals 3i Fund provides Cerenome with up to $20m senior secured facility
The Houston CNS oncology company will use the royalty-based financing to scale its CNSide cerebrospinal fluid assay and said cash runway now extends into 2028.
1 min read11 Sept 2026Deals Endurance Capital and Nomura provide Twelve with up to $45m credit facility
The facility refinances the construction loan on the Washington e-SAF plant and will fund expansion including additional hydrogen capacity.
1 min read11 Sept 2026Deals EIB provides Ethris with €30m venture debt under HERA Invest
Proceeds will advance clinical development of ETH47 for asthma and COPD and related respiratory mRNA programmes, including mucosal influenza vaccine candidates.
1 min read10 Sept 2026Deals J.P. Morgan and TriplePoint provide Heron Power with $60m credit facility
The California power electronics company also appointed former Tesla chief financial officer Zach Kirkhorn to its board as it scales Factory One production.
1 min read10 Sept 2026Deals Claret Capital Partners provides Neurent Medical with €25m growth debt
Proceeds will support commercial expansion of the NEUROMARK System and sales and marketing investment after a €62.5m Series C earlier this year.
1 min read9 Sept 2026Deals Kapital raises $125m with Tru Arrow and Fasanara Capital
The Mexico City lender will use the capital to accelerate product innovation and expand across Mexico, the United States and other markets.
1 min read9 Sept 2026Funds Hercules Adviser surpasses $2.3bn in investable capital
The milestone follows equity commitments into Hercules Growth Lending IV and the inaugural perpetual Hercules Evergreen Fund, alongside a rated note offering.
1 min read9 Sept 2026Deals PvX Partners provides Tevo with $10m user acquisition financing
Proceeds will fund higher marketing spend on proven cohorts across the studio’s consumer apps and AI products.
1 min read8 Sept 2026