Southeast Asia Vc Funds On Track To Raise Over $4.2bn - Nikkei Asian Review
SINGAPORE -- More than 35 venture capital funds with a complete or partial focus on Southeast Asia are currently in the market to raise over $4.2 billion, VC announcements and DealStreetAsia data show. While not all these funds are expected to hold a final close this year and most are targeting investments in multiple markets, the fundraising spree does indicate high investor confidence in Southeast Asia's growth prospects and its startup ecosystem. The biggest among the funds on the road so far is set to be Singapore-headquartered B Capital Group's second fund.
Roadbotics Raises $7.5M In Series A
PITTSBURGH, PA, RoadBotics has closed a $7.5 Million Series A investment round lead by AI-focused venture capital fund Radical Ventures.
Kerala Weather Forecast: Heavy Rainfall; Red Alert Issued In Some Districts - The Financial Express
Authorities have cautioned fishermen living on the coast of Kerala and Lakshwadeep not to venture into sea. : The India Meteorological Department (IMD) has put out as many as five of the 14 districts of Kerala under red alert, indicating that the Monsoon may gather steam in coming days. The red alert call is a warning to state authorities to take preventive measures immediately to evacuate people from vulnerable areas on safer places and also provide emergency kits to others. Kerala recorded 48 percent deficiency in this year's southwest monsoon till Thursday.
Workplace Management Firm Nuvolo Inks $12M Series B
Paramus, New Jersey-based Nuvolo, a workplace management company, has raised $12 million in Series B funding. Kaiser Permanente Ventures led the round with participation from GE Ventures, New Enterprise Associates [...]
Pivot Launches Out Of Stealth To Introduce Smart At-home Weight Training Fitness Platform | Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Today, Pivot, a smart at-home fitness solution, has secured $17 million in Series A funding led by DCM with participation from Bling Capital, Founders Fund, Khosla Ventures, Signal Fire and Y-Combinator. DCM Partner Kyle Lui will be joining Pivot's Board of Directors. The funds will be used to expand recruitment across engineering and operations teams as the company prepares for its consumer launch in Fall 2019. Pivot features live and recorded classes from some.
Ge To Sell 80 Pct Of Solar Business To Blackrock
General Electric Co said July 17 that agreed to sell 80 percent of its solar energy business to BlackRock Real Assets. GE will own 20 percent of Distributed Solar Development, which focuses on solar and storage [...]
Elizabeth Warren Pitches New Constraints On Private Equity >> Albuquerque Journal
WASHINGTON -- White House hopeful Elizabeth Warren is proposing new regulations on the private equity industry, pitching constraints designed to end what she decries as "legalized looting" by investment firms that take over troubled companies. Warren's plan, the latest in a series of policy ideas that have propelled the Massachusetts senator to the top tier [...]
Haus, The Real Estate Startup Founded By Garrett Camp, Raises $7.1M - Techcrunch
Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding. This amount combines a $4.1 million seed equity investment led by Montage Ventures and $3 million in debt, which will help finance Haus' new co-investment model. Haus was created by Uber co-founder [...]
Vcomply Raises $2.5M Seed Round Led By Accel To Simplify Risk And Compliance Management - Techcrunch
Risk and compliance management platform VComply announced today that it has picked up a $2.5 million seed round led by Accel Partners for its international growth plan. The funding will be used to acquire more customers in the United States, open a new office in the United Kingdom to support customers in Europe and expand [...]
Vw Pounds Another Nail In The Coffin Of The Station Wagon
The station wagon body style was ubiquitous in the last half of the 20th century, but it's has all but vanished in today's SUV-crazed market.
Risk Perceptions And Debt Financing Terms Have Improved For Solar Pv And Wind, Suggests The 2019 'clean Energy Investment Trends' Report From Ceew And Iea | Business Standard News
/ -- The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released today by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report - the 2019 'Clean Energy Investment Trends' - was released at CEEW's flagship conference - Energy Horizons 2019 in New Delhi.