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Megarobo Raises $300M In Goldman Sachs-led Funding Round - Cna
MegaRobo Technologies, a Chinese start-up that uses artificial intelligence and robotics in life sciences research, has raised $300 million in a funding round led by Goldman Sachs Asset Management, Asia Investment Capital and GGV Capital. The six-year-old company is the latest start-up from the pharmaceutical industry to capitalize on a jump in investor interest in the sector after the COVID-19 pandemic. MegaRobo, whose products include a COVID-19 testing solution, said on Wednesday it plans to use the fresh funds to … Full investment news article
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Gas Prices Spike In Europe As Flow Through Nord Stream Pipeline Reduced Further Due To Repair Problems Caused By Sanctions -- Puppet Masters -
Overall flows via the Nord Stream pipeline will decrease by roughly 60%, Gazprom says Russian energy major Gazprom said on Wednesday it would further reduce the capacity of gas supplies via the Nord Stream pipeline to 67 million cubic meters per day. The company explained it has to halt the operation of one more Siemens gas pumping unit on the pipeline. Full investment news article
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