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AI Investment Accounted for Nearly Half of Healthcare Investment in 2025; Silicon Valley Bank Releases 17th Healthcare Investments and Exits Report
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AI Investment Accounted for Nearly Half of Healthcare Investment in 2025; Silicon Valley Bank Releases 17th Healthcare Investments and Exits Report

AI investment in healthcare exceeded $18B in 2025; Investments grew in healthtech and device sectors SAN FRANCISCO, Jan. 8, 2026 /PRNewswire/ -- Artificial Intelligence (AI) dominated the healthcare investment landscape in 2025 as investments in AI healthcare companies represented 46% of total spending, according to the latest report from Silicon Valley Bank, a division of First Citizens Bank. While AI generated significant investment, the report found that overall investment in the healthcare sector was $46.8B in 2025, marking a 12% decrease since the previous year.

Pivot Energy Secures Over $225 Million from Three Existing Lenders to Advance Community Solar Projects
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Pivot Energy Secures Over $225 Million from Three Existing Lenders to Advance Community Solar Projects

DENVER , Dec. 17, 2025 /PRNewswire/ -- Pivot Energy ("Pivot"), a leading national renewable energy provider and independent power producer, today announced three important financing agreements totaling $225 million, showcasing the company's continued momentum and commitment to scaling renewable energy production and distributed generation solar. The financing includes: $170 million upsize to an existing construction warehouse facility with ATLAS SP ("ATLAS") and First Citizens Bank ("First Citizens"), supporting a new portfolio of approximately 60 community solar projects, equivalent to 225 Megawatts (MW) in Illinois, Colorado, Maryland, Virginia, New York, Pennsylvania, Delaware, Michigan, and California.

Lumafield Secures $50 Million Growth Capital Facility from Silicon Valley Bank
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Lumafield Secures $50 Million Growth Capital Facility from Silicon Valley Bank

SAN FRANCISCO , Nov. 20, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced it has provided a $50 million growth capital facility to  Lumafield , a pioneer in advanced manufacturing technology that delivers AI-powered manufacturing intelligence to help companies improve product quality, accelerate development, and automate operations. The company's industrial computed tomography (CT) scanners and machine learning technology are embedded in production lines at some of the world's most recognized brands in the medical device, consumer packaged goods, automotive, and battery sectors.

First Citizens Bank Purchases Office Building in San Francisco
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First Citizens Bank Purchases Office Building in San Francisco

RALEIGH, N.C. , Nov. 19, 2025 /PRNewswire/ -- First-Citizens Bank & Trust Company ("First Citizens Bank"), the wholly owned banking subsidiary of First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA), today announced the purchase of a downtown San Francisco building in support of the company's large and growing client base in the region.

Silicon Valley Bank Appoints Megan Scheffel Head of Life Science and Healthcare Banking
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Silicon Valley Bank Appoints Megan Scheffel Head of Life Science and Healthcare Banking

Company veteran to lead national Life Science and Healthcare Banking Group;  Bill Burkoth tapped to lead East Region SAN FRANCISCO , Nov. 18, 2025 /PRNewswire/ --  Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 28-year company veteran, Megan Scheffel , has been named Head of Life Science and Healthcare Banking. In her role, Scheffel will lead a nationwide team dedicated to providing specialized banking services, debt financing solutions, industry partnerships, and leading market insights to companies and investors across the sector.

Peregrine Energy Solutions Secures Funding to support a $317 Million Battery Energy Storage Project Currently Under Construction
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Peregrine Energy Solutions Secures Funding to support a $317 Million Battery Energy Storage Project Currently Under Construction

BOULDER, Colo. , Nov. 13, 2025 /PRNewswire/ -- Peregrine Energy Solutions (Peregrine), an integrated multi-technology clean energy platform with a focus on utility-scale battery storage, announced today it has closed a preferred equity commitment with Bildmore Clean Energy for a battery energy storage project that is currently under construction.

First Citizens Bank Provides $38 Million to Stockdale Capital Partners
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First Citizens Bank Provides $38 Million to Stockdale Capital Partners

Financing will be used to purchase new medical outpatient facility NEW YORK , Nov. 10, 2025 /PRNewswire/ -- First Citizens Bank announced today its Healthcare Finance  business provided Stockdale Capital Partners with $38 million in first-mortgage debt to finance its acquisition of Willow Oaks Corporate Center, a 401,000-square-foot medical outpatient campus in Fairfax, VA. Comprising two eight-story buildings at 8260 and 8280 Willow Oaks Corporate Drive, Willow Oaks is anchored by Inova Health System, the leading healthcare provider in Northern Virigina and the Washington, DC metro.

First Citizens Wealth Finds Business Owners Resilient Amid Change, with Experienced Owners Taking More Risks
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First Citizens Wealth Finds Business Owners Resilient Amid Change, with Experienced Owners Taking More Risks

Second annual survey is based on a study including 500 business owners RALEIGH, N.C. , Nov. 6, 2025 /PRNewswire/ -- First Citizens Wealth, the wealth management division of First Citizens Bank, today published its "Beyond Wealth" study of business owners and wealthy Americans, finding they are adapting their professional and personal financial planning strategies to navigate today's evolving economic landscape.

First Citizens Bank & Trust Co. Grows Position in Alphabet Inc. $GOOGL
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First Citizens Bank & Trust Co. Grows Position in Alphabet Inc. $GOOGL

First Citizens Bank and Trust Co. grew its stake in shares of Alphabet Inc. (NASDAQ: GOOGL) by 21.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 213,136 shares of the information services provider's stock after purchasing an additional 38,233 shares

Dynapac North America and First Citizens Bank Launch New Vendor Finance Agreement
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Dynapac North America and First Citizens Bank Launch New Vendor Finance Agreement

NEW YORK , Nov. 3, 2025 /PRNewswire/ -- Dynapac North America LLC and First Citizens Bank Equipment Finance today announced a new vendor finance agreement that will provide Dynapac customers with leasing and lending solutions to secure new road construction equipment. Based in Fort Mill, South Carolina, Dynapac is a global manufacturer that designs and produces equipment for road construction and compaction, including asphalt rollers, pavers, feeders, and light equipment.