Japan Airlines has invested in Boom and has an option to pre-order 20 of its developmental supersonic planes when they are launched in the mid-2020s.
Author: Callum Cyrus
NS8 confirms $7.5m seed round
The Bloomberg-backed cybersecurity startup will use the cash to expand in North America, Western Europe and India.
RDIF and Alibaba form internet investment alliance
State-owned investment vehicle Russian-Direct Investment Fund (RDIF) will join e-commerce firm Alibaba to invest in Russia-based internet companies, Interfax reported yesterday. The partnership will seek out online-based businesses looking to expand their operations internationally, as well as investments that improve Russia’s internet network infrastructure. RDIF has ties with Chinese government investors, having partnered the state-owned… Continue reading RDIF and Alibaba form internet investment alliance
Hopu hopes for $2.5bn in latest fund
The China-based private equity firm has so far raised $1bn from limited partners including Mitsui & Co.
QCP refines LyondellBassel partnership
LyondellBassel will buy stakes from the local government of Limburg and VC firm Chemelot Ventures, to hold joint ownership in QCP with Suez.
EWE energises HTGF III
EWE, a Germany-based local government-run energy and telecommunications utility, has provided a seven-figure euro sum (€1m = $1.2m) for public-private partnership High-Tech Gründerfonds’ third seed stage-focused fund. EWE serves about 3.9 million customers who are mostly situated in northern Germany. It hopes the move will provide information on digitalised services and potential growth in the… Continue reading EWE energises HTGF III
Nautilus sails to $26m series C
Keppel Data Centres provided $10m of the funding, investing alongside Ireland Strategic Investment Fund and Emerson Elemental.
Sygnature takes Step to $17m series A
Step Pharma, a developer of treatments for autoimmune diseases, has completed its series A round after closing a second tranche.
Topas tops up series A
The autoimmune drug developer has received $4.6m from Boehringer Ingelheim Venture Fund to take its series A round to $20.8m.
Recorded Future fuels expansion plans with $25m
Insight Venture Partners led a round that took the GV, REV and MassMutual Ventures-backed company’s total funding to almost $58m.
New Tranx puts down $7.5m
The language translation software developer has received seed capital from investors including a joint venture backed by Meiya Pico.
LivaNova pumps cash into HighLife
Cardiac valve replacement developer HighLife Medical has raised $14.3m from investors including medical device maker and existing backer LivaNova.
Adfenix rises to $6m series A
The real estate marketing software developer has brought Goodfellows on board as an investor and will expand into the US next year.
Althea sits pretty with $7m series B
Posco-backed Althea will use the capital to expand internationally and boost the range of beauty products it sells online.