Reuters News
China Everbright Limited and venture capital firm Walden International are launching a $500 million fund to invest in the semiconductor and industrial information technology, amid Beijing’s ambition to be a global leader in the sector, Reuters reported.
British start-up Echo said on Wednesday it had raised 7 million pounds ($9.2 million) in a funding round led by White Star Capital to expand use of its app that helps people manage their medicine to treat conditions like asthma.
Medical technology group Smith & Nephew, which some investors believe should streamline operations to make itself a more attractive takeover target, said on Monday it was buying a U.S. sports injury business for up to $210 million.
NeuroPace Inc said on Tuesday it raised $74 million in equity funding as the medical device maker looks to rapidly expand commercialization of its device to treat epileptic seizures.
An unlisted Swiss biotech company focused on developing “armed antibodies” to fight cancer has raised $200 million in a funding round backed by AstraZeneca and other private backers, Reuters reported.
Singapore-headquartered Grab, the main Southeast Asian rival of Uber Technologies Inc [UBER.UL], said on Friday it had secured debt facilities of up to $700 million to help expand its car rental program.
Caisse de dépôt et placement du Québec, Canada’s second-largest public pension plan, said it would increase investments in low-carbon assets by more than $8 billion over the next three years, Reuters reported. The Caisse also set a medium-term target to reduce its carbon footprint by 25 percent per dollar invested. "From now on, climate change will factor in each and every investment decision we make across the breadth of our portfolio," Caisse President and CEO Michael Sabia said in a statement.
Magic Leap, a well-funded and secretive startup, said on Tuesday it has raised $502 million in a new capital funding round led by Temasek Holdings [TEM.UL], an investment firm owned by the government of Singapore.
Bain Capital Ventures and Andreessen Horowitz have participated in the pre-sale of a new crypto-currency called basecoin, the companies have confirmed.
Magic Leap, a highly funded and secretive startup that has promised breakthrough augmented reality technology, is seeking to raise up to $1 billion in fresh funding from investors, according to a new corporate filing.