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 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 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 Horizon Technology Finance, ROHO and Monroe provide NeoVolta with $20m secured term loan
The facility carries a 10% coupon, amortises from December and includes an accordion for up to $10m more subject to conditions and additional warrants.
2 min read7 Sept 2026Deals OrbiMed provides Intellia Therapeutics with up to $400m senior secured term loan
Intellia drew $75 million at closing under the five-year facility, which matures on 4 September 2031.
2 min read7 Sept 2026Deals General Catalyst Customer Value Fund provides Félix with $113m warehouse credit
The debt facility forms part of a $200 million Series C package for the Miami WhatsApp remittance fintech, alongside $87 million of equity led by Andreessen Horowitz.
1 min read4 Sept 2026Deals Horizon Technology Finance provides Bioness with $15m senior credit facility
The Accelmed-backed neurorehabilitation company drew $10 million at close, with a further $5 million available, and said the capital will support product expansion.
1 min read3 Sept 2026