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...Wellhub’s most recent funding round last year raised $85mn from investors led by EQT Growth, an arm of the European private equity giant, giving it a valuation of $2.4bn....
...Last week, Volvo Cars said it would sell its 48 per cent stake in Polestar to Geely, and would not inject any more funding into the brand. Polestar is seeking about $1.3bn of fresh funding....
...“The retail investor just sees that ‘Oh, you got $40mn of funding and you’re going to be able to increase product lines, and better revenues mean the company fundamentals will go up’,” said Mark Basile,...
...Recently, Arts Council England significantly reduced its funding for WNO’s touring to English cities. How short-sighted that move seems now. ★★★★★ Touring to May 11, wno.org.uk...
...Last year, the government raised the cap for election spending by 80 per cent, from £19.5mn to £35mn, to reflect the impact of inflation after the limit had remained unchanged since the turn of the millennium...
...President Joe Biden has pledged to sign a $95bn security aid package passed by the Senate on Tuesday, which includes funding for Ukraine, Israel and Taiwan....
...BP previously funded a lecture theatre as part of a redevelopment project at the turn of the millennium. It has also sponsored several special exhibitions, most recently in 2020....
...The bill was packaged together with funding for Ukraine and Israel and sent to the US Senate, which is expected to pass the measure this week before it is signed by President Joe Biden....
...Overall, we remain excited by the opportunity to expand our house of powerful brands, increasing our position in growing and durable categories, with enhanced cash flow to invest in brand building while funding...
...With the government now also working on contingency plans to nationalise Thames Water (which includes losses for those ringfenced bondholders), the WBS funding model is on shaky ground....
...After funding ByteDance’s seed round, Yass’s group put in “hundreds of millions” more in subsequent funding rounds, according to court records in the US....
...That would significantly boost the odds that the Senate passes the measure, since many senators will be reluctant to scupper military funding for Ukraine. President Joe Biden has backed the plan....
US venture capitalists are sitting on a record amount of ‘dry powder’ as they avoid risky bets on fledgling companies
...This capital markets primacy, he argues, would create the best opportunity for two ambitious projects, retirement funding and decarbonisation, to be successfully fulfilled....
...The legislation, passed by the US Senate on Tuesday, is part of a $95bn security package principally made up of funding for Ukraine, Israel and Taiwan....
...Higher funding costs can be offset by stronger loan growth. But high rates can also stymie demand for loans....
...In the meantime, the Eni deal would at least be a way of funding some growth back home. nathalie.thomas@ft.com This story has been updated to correct the valuation of Vår Energi relative to Eni....
...However, the conditional approval will help hedge funds including Pentwater, Millennium and DE Shaw, which each hold stakes worth more than $350mn in VMware, according to recent disclosures made for holdings...
...But the best companies are still attracting funding,” he said....
...Apple has cancelled its efforts to build an electric car as it pivots to focus research funding on generative artificial intelligence, according to a person familiar with the matter....
...Shah also wants Novavax to strike royalties partnerships to access outside funding to restart clinical studies into other vaccines targeting influenza, respiratory syncytial virus and H5N1 bird flu....
...Chief among the obstacles are funding costs and exposure to the troubled commercial real estate sector....
...That is reminding global investors of the unique selling point that a robust regime of investor protections provides; creating a smoother funding journey for high-growth companies; and working to increase...
...“This is the first time in this millennium that the full weight of US antitrust law has been brought down on a tech company for abuses of antitrust law in the tech industry,” Epic Games chief executive Tim...
...DZ Bank analysts said in a note to clients that the bank is “currently unable to offset elevated funding costs with higher margins in the lending business”....
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