Farewell, Then, Canada Infrastructure Bank
Paul Wells: After years of extravagant claims and no results, Ottawa's dream of a Bank that would somehow turn on a gigantic global cash spigot is over
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Fylamynt Launches With $6.5M Seed To Automate Cloud Workflows
Round Led by Gradient Ventures, Google's AI-Focused Venture Fund, Startup's Cloud Automation Platform Boosts Ops Productivity MOUNTAIN VIEW, Calif., December 2, 2020-- Fylamynt, a cloud automation platform, today announces its launch with $6.5 million in seed funding. Fylamynt allows cloud engineering teams to build, run and analyze automation workflows securely for any cloud with little to no code. The seed round is led by Gradient Ventures, Google's AI-focused fund, with additional investment from Mango Capital and Point72 Ventures.
Actasys Announces $5M Venture Capital Funding To Commercialize Automotive Sensor Cleaning System
BROOKLYN, N.Y., December 2, 2020-- Actasys, Inc. (Actasys), a leader in applying aerodynamic principles to solve critical problems in the automotive and mobility industries, announced that it recently closed a $5M seed funding round. The investment was led by prominent automotive and mobility investors Volvo Cars Tech Fund and NextGear Ventures. Actasys' core technology, the ActaJet(tm) system, is an electronically controlled array of small actuator cartridges that generate strong jets of air without the need for rotary fans or compressors. The ActaJet system offers multiple safety and efficiency solutions to the automotive and mobility sectors.
India To See $66B Investment In Building Of Gas Infrastructure, Says Dharmendra Pradhan
Oil Minister Dharmendra Pradhan said an estimated investment of $66 billion is lined up in developing gas infrastructure, which includes pipelines, city gas distribution, and LNG regasification terminals.
What Price Private Equity Returns? | Allaboutalpha: Alternative Investing Trends And Analysis | A Finance Blog About Private Equity, Commodities, And Other Alternative Asset Classes.
What is the expected return on private equity? Not at the deal level, but in terms of the return on the underlyings for which actual market prices are not available? That is a tricky empirical question because, after all since we know that actual market prices are not available! AfterRead More.
Genesis Therapeutics Secures $52M Series A To Further Accelerate Ai Innovation And To Launch Drug Discovery & Development Pipeline
Genesis Therapeutics Secures $52M Series A to Further Accelerate AI Innovation and to Launch Drug Discovery & Development Pipeline Led by Rock Springs Capital with participation by funds and accounts advised by T. Rowe Price Associates, Inc., Andreessen Horowitz, and other major investors BURLINGAME, Calif., December 2, 2020-- Genesis Therapeutics, a company pioneering AI technologies to create medicines for patients with severe and unmet medical needs, has completed its $52M Series A financing round. Rock Springs Capital led the round.
On Point. - Real Estate Investment Trusts (reits) | Mayer Brown Free Writings + Perspectives
Real estate investment trusts ("REITs") are professionally managed companies that invest in real estate, mortgages and real estaterelated assets on behalf of their investors. Established in 1960, REITs were designed to democratize real estate investing by providing retail investors with the opportunity to obtain passive gains from large-scale, income-producing real estate and mortgage portfolios. REITs typically receive preferential tax treatment in the form of no entity-level tax and are...By: Mayer Brown Free Writings + Perspectives.
Shop-ware Announces $15M In Series A Funding Led By Insight Partners
SAN FRANCISCO, December 2, 2020-- Shop-Ware, the automotive aftermarket's premier cloud-based shop management software for independent repair shops, announced today that it has secured $15M in series A funding, led by Insight Partners, a leading global venture capital and private equity firm. The investment will support Shop-Ware's continued growth, accelerate its innovation, and allow for a more aggressive go-to-market. Carolyn Coquillette founded Shop-Ware out of her own repair shop in San Francisco to provide the transparency and sophistication that customers needed and that other systems lacked.
Amount Announces $81M In Series C Funding Led By Goldman Sachs
- Round brings Amount 2020 capital raise to $140M; will help scale sales and marketing while accelerating platform research and development investments CHICAGO, December 2, 2020-- Amount, a leading technology provider for financial institutions, today announced it has secured an $81 million Series C investment led by Goldman Sachs Growth with participation from existing investors including August Capital, Invus Opportunities and Hanaco Ventures.
Beauty Community App Supergreat Raises $6.5M In Series A Funding Led By Venture Capital Firm Benchmark, With Thrive Capital And Tq Ventures Participating
Beauty Community App Supergreat Raises $6.5 Million in Series A Funding Led by Venture Capital Firm Benchmark, with Thrive Capital and TQ Ventures Participating Leading angels and investors from the technology, entertainment, and beauty industries join forces to support Supergreat's vision of video-enabled social shopping NEW YORK, December 2, 2020-- Supergreat, the community-based app where beauty enthusiasts can review, shop, and share tips on their favorite products, today announced a $6.5 million series A funding led by renowned venture capital firm Benchmark.
Ridecell Secures $45M In Series C Financing Round
Round Led by Fort Ross Ventures to Support Company's Hyper Growth into Commercial Fleet Product Lines and New Geographies SAN FRANCISCO, December 2, 2020-- Ridecell Inc., the high-yield fleet platform for digital transformation chosen by the world's leading fleets, today announced it has secured $45 million for its Series C financing round. The round was led by new investor, Fort Ross Ventures, and includes new investor Solasta Ventures. Existing investors Activate Capital, DENSO, LG Technology Ventures, and Initialized Capital also participated in the round.