Hercules Capital provides up to $200m credit facility to Atea Pharmaceuticals
Atea drew $65m at closing; the 60-month facility has 48 months of interest-only payments and pricing at the greater of WSJ prime plus 2.35% and 9.35%.
2 min read9 Nov 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 Twelve provides Spines with $35m growth financing facility in $64m package
Twelve's customer-acquisition financing sits alongside a $29m Series A-1; Spines said it is at a $50m revenue run rate, with the debt earmarked for growth.
1 min read9 Nov 2026Deals Multiplier Capital provides Synctera with about $15m venture debt in Series A extension
Main Street Bank recently joined the company's network, taking it to eight active sponsor banks.
1 min read9 Nov 2026Markets Flashpoint Capital growth debt platform reaches US$127m
A US$25.5m co-investment sidecar is about 60% drawn and invests alongside the firm’s second growth debt fund.
1 min read6 Nov 2026Deals Office of Strategic Capital commits up to $150m conditional loan to LeoLabs
The conditional commitment is expected to be matched dollar for dollar with private co-investment, bringing the planned capital infusion to $300m.
2 min read5 Nov 2026Deals General Catalyst's Customer Value Fund commits $500m to Nooks
The Customer Value Fund will take a share of returns its capital helps generate, with proceeds earmarked for sales, marketing and new products.
1 min read4 Nov 2026Deals HSBC Innovation Banking provides credit facility to Northwood Space
The satellite ground network company also closed a $375m Series C co-led by Andreessen Horowitz and DFJ Growth.
1 min read2 Nov 2026Deals General Catalyst's Customer Value Fund provides $60m growth facility to Collective
Collective also raised $40m of equity as part of a Series B led by General Catalyst, QED Investors and Gradient Ventures, with funding earmarked for banking and insurance product development.
1 min read29 Oct 2026Deals S2G Investments provides debt financing to Formic alongside Mercato-led Series B
Formic cites a 97% customer renewal rate and 99.6% fleet uptime across a robot fleet deployed in more than 100 facilities.
1 min read26 Oct 2026Deals Cypress Growth Capital provides non-dilutive financing to Vironix Health
Vironix chief executive Sumanth Swaminathan says the company is already profitable, while Cypress describes its capital as royalty-based.
1 min read26 Oct 2026