What is an SBA 504 loan? How it funds real estate and equipment
The SBA 504 program splits a purchase between a bank, a Certified Development Company and the borrower. Here is how that works and what the loan can and can't pay for.
Moving now
- Blackwall raises $100M Series C at $2.2B valuation to fight bot traffic
- Town raises $108M Series B at $1B valuation for team AI assistants
- ASI raises $325M Series C at a $3B valuation, led by Spark Capital
- Tenstorrent raises $1.5B Series E at a $6.2B valuation for open-weight AI chips
- OpenAI acquires Orchestra Bio, a drug-development AI startup; terms undisclosed
- What is a priced round? How valuation and dilution work
- What is a term sheet? How to read the terms behind a funding round
Top stories
Funding Rounds
Inovia hits $200M first close on sixth early-stage fund, 62% of its $325M target
The Montréal firm has raised more than half its Fund VI target and plans 15 to 20 seed-to-Series A deals. Here is what a first close tells founders.
Top 10
Biggest startup funding rounds this week: Ramp's $1.85B tops Firecrawl's list
Ramp's $1.85 billion round tops Firecrawl's weekly tracker, but the trackers use different date windows and report some details differently.
Founder Playbook
What is a Series B round? A guide using Town's $108M raise
Series B is a priced, equity-based round that usually follows a Series A. Town's $108 million deal shows what is disclosed in these announcements, and what is not.