Tuesday, November 24, 2020
Cloud service provider CloudBolt recently raised $35 million led by Insight Partners, to elevate the hybrid cloud environment and develop multi-tools for innovation. Out of the injected funds, roughly $15 million will go straight into equity investment, and the remaining...
Autonomous delivery startup company Nuro announced its successful foray into a Series C investment round on Monday, November 9, 2020. In its press release, the company shared that it raised $500 million in funding, with its total valuation at...
Egypt-based fashion e-commerce platform Brantu successfully raised a seven-figure investment in its recent Series A funding round. The round was led by Sawari Ventures, a leading Egyptian venture capital firm. According to MENAbytes, the exact amount of investment remains undisclosed....
In the midst of the pandemic where nations are fighting for survival, the United Nations calls to invest in culture and bring countries to solidarity. With an emphasis on arts, music, and culture, the intergovernmental organization sees the importance of...
United Kingdom-based electric vehicle startup company Arrival gets the support of its latest investor, United States funds manager BlackRock Inc., with a $118 million investment. Prior to the BlackRock investment, Reuters states that the electric auto manufacturer was valued...
BTS’ agency, Big Hit Entertainment, launched its two-day initial public offering (IPO) public subscription last Monday, October 5, 2020. This two-day affair comes ahead of its initially planned mid-October IPO launch. According to The Korea Times, the price per share...
The Indian government has recently got rid of its policy that compelled foreign weapons, aircraft, and military hardware weapons to invest in the country said Bloomberg. Prime Minister Narendra Modi led this development. According to the report, the Prime Minister...
Software firm Oracle Corp. and retail corporation Walmart Inc. recently announced their plan to invest in TikTok Global, Bloomberg reported. When combined, the two companies will hold 205 of the social media entity. The firms will acquire the shares during...
Investment platform Groww announced a $21.4 million funding led by venture capital firms Ribbit Capital, Sequoia India, and Y Combinator. The investment app targets millennials and earlier generations to invest in commission-free mutual funds. Groww, a three-year-old startup attracted about...
IKEA stores owner Ingka Group pledges to make a €600 million investment (approximately $712 million) towards meeting its sustainability goals over the next 12 months. The investment comes as Ingka Group gears itself to meet the Swedish furniture maker’s...

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