March 27, 2019 5:00 AMAirwallex, a global payments fintech start-up, has raised US$100 million (S$135 million) in Series C funding, bringing total capital raised to date to over US$200 million.
The energy-storage-focused venture fund Volta Energy Technologies added two strategic backers, bringing total funds raised to $180 million. The Norwegian energy major Equinor (formerly Statoil) and automotive equipment vendor Hanon Systems joined previous investors Exelon and Albemarle. Based in Chicago, Volta aims to speed up commercialization of energy technologies through close collaboration with Argonne National Lab and strategic investors who can put the products to work. The fund will disburse its money over the next five to seven years, at a likely pace of four to seven investments per year, CEO Jeff Chamberlain said via email.
The U.N.'s housing advisor singles out Blackstone's business practices in a piercing critique of the role of private equity in the housing market.
SAN FRANCISCO--(BUSINESS WIRE)--Revvo (formerly known as "IntelliTire"), a Silicon Valley-based startup that offers an internet of things (IoT) "smart" sensor for vehicle tires, announced it has raised $4M in Series A funding. Norwest Venture Partners led the round, with participation from Vulcan Capital and AngelList. Revvo proudly joins the ecosystem of tech startups fueling the shift in the mobility and transportation sectors. Although autonomous vehicle and self-driving technology have made.
Rewire Raises $12M From Viola Fintech, Opera Tech Ventures, Ourcrowd, Standard Bank Of South Africa, Others
Rewire said it raised $12 million of Series A capital in a round led by Viola Fintech and joined by BNP Paribas' investment arm Opera Tech Ventures, OurCrowd, Moneta, Yair Tauman, Yaron Lemelbaum, Leon Vaidman and [...]
MoviePass (TM) and MoviePass Films' parent company raises $6 million in new round of financing. (Photo: Business Wire) NEW YORK--(BUSINESS WIRE)--MoviePass(tm) and MoviePass Films' parent company, Helios and Matheson Analytics Inc. (OTC: HMNY) ("Helios"), today announced it has raised a $6 million new round of financing.
Nexi on Tuesday priced shares in its initial public offering at between 8.5 and 10.35 euros each, valuing the Italian payments group at up to 6.4 billion euros ($7.2 billion) in what is set to be one of Europe's biggest bourse listings this year.
The United Nations' housing advisor has accused one of the world's largest corporate residential landlords, Blackstone Group, along with other private equity firms, of "wreaking havoc" in their tenants' communities and "helping to fuel a global housing crisis," according to The Guardian. Advisor Leilani Farha and co-author Surya Deva, chairperson of the U.N. Working Group on Business and Human Rights, singled out Blackstone Group's business practices in a piercing critique of the role of private equity in the housing market, the Guardian said.
Self-driving technology continues to attract robust investment, as two tech startups, one in San Francisco and one near Tel Aviv, said this week they have raised nearly $200 million to support development and production of lidar sensors for automated vehicles.
Keppel Land China And Alpha Investment Partners Acquire Majority Stake In Yi Fang Tower | Swfi - Sovereign Wealth Fund Institute
Alpha Asia Macro Trends Fund III, Keppel Land China Limited (part of the Keppel Corporation), and a number of investors purchased the Yi Fang Tower mixed-use complex for 4.6 billion RMB. The tower is located in Shanghai in the historic Bund area. Alpha Asia Macro Trends Fund III is taking 42.1% stake, while Keppel Land [...]