Geely’s subsidiary, GLy Capital Management of Hong Kong participated in Volocopter’s $182m extended series E round, with Neom, the Saudi Arabia-based sovereign wealth fund leading the financing
Category: News
Shah succeeds through Lego Ventures
Parin Shah’s interim position came after the unit announced its closer integration with Lego’s parent firm, Kirkbi.
Daily Deal Round Up: October 31, 2022
Sumitomo participated in Zebra Labs’ $5m round while investors including FTX Ventures and Aptos provided $3m in pre-seed funding for Martian.
Daily Deal Round Up: October 28, 2022
Octopus Energy Generation invested $127m in Be.EV while Centene Corporation and HopeLab took part in Hazel Health’s $51.1m series C1 round.
The Big Deal: HeyRitual targets the couples economy
The Samsung-backed relationship therapy app developer has just raised pre-seed funding as part of what could be a vanguard of startups catering for couples.
Daily Deal Round Up: October 27, 2022
Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.
Haney takes venture role at AltaML
The technology mogul has reported his new position after serving two years at the fast-growing technology corporation ApplyBoard
Talent agency UTA eyes up creator economy investments
The talent agency, which represents everyone from Arnold Schwarzenegger to the D’Amelio sisters, is investing in the creator economy together with Investcorp.
Daily Deal Round Up: October 26, 2022
Wells Fargo, Greystar, Invitation Homes and Prosus were part of Blit Rewards’ $150m round while Mouro Capital co-led Vesttoo’s $80m series C.
Daily Deal Round Up: October 25, 2022
Gradient Ventures participated in a $40m series A round for The Coterie’s while Legal & General led MoneyHub’s $39.5m series B.
Gaming fund launches in South Korea
GXC, the South Korean gaming technology developer, has created a corporate fund to invest in video game-related companies.
Smeed speeds ahead to InMotion Ventures
The hiring comes after the firm’s corporate parent, Jaguar Land Rover, altered its innovation strategy and developed a research hub, the National Automotive Innovation Centre
Daily Deal Round Up: October 24, 2022
A range of corporates contributed to electric carmaker Aion’s $2.5bn series A round while Prosus took part in a $46m series E for farming services provider DeHaat.
Angelini unveils $293m healthcare venture fund
The European industrial group has formed a unit which will invest in early-stage life sciences and biotech developers through a team headed by Paolo Di Giorgio.