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...The $100mn funding led by Warburg Pincus provides the Lithuanian technology group financial clout to expand its product range and buy other companies, said Tom Okman, its co-chief executive....
...“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,...
...SoftBank led a $250mn funding round for data security start-up Cohesity after the founder pitched Son there....
...In the third quarter, Cruise burned through about $500mn of cash, meaning its current reserves will last until the middle of next year if it receives no additional funding....
...The group, which has yet to release a product, is in talks to raise two to three times the size of first funding round worth $225mn last year, according to people with knowledge of the discussions....
...The decision allows his Israel-based company to benefit from the $370bn of funding offered by the US to claw back domestic production of electric cars and, crucially, batteries....
...Venture funding has fallen precipitously since the start of 2022....
Big tech firms are muscling in on funding the future, pushing Silicon Valley VCs out of the way
...IMI, which is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the United Arab Emirates and owner of Manchester City football club, provided about three-quarters of the funding to RedBird...
...US merchant bank and investor The Raine Group led the funding round, said Castore on Thursday, backed by New York and Tel Aviv-headquartered Hanaco Ventures and venture capital firm Felix Capital....
...“Private equity backing is a clear growth accelerator and investment opens opportunities for acquisition, funding technology and other innovations,” said Anton Colella, Moore Global chief executive....
...RedBird IMI is run by former CNN boss Jeff Zucker in New York but has the majority of its funding from Abu Dhabi....
...These companies have targets to put more water back into systems such as aquifers than they consume by 2030, for example, by funding work to improve leaky irrigation infrastructure or restoring wetland systems...
...The company this week withdrew its application for HK$16mn in public funding after Messi failed to play in the football match. The Hong Kong government welcomed the decision....
...In a letter published in June last year, Sandler said that “while we can support the company pursuing seemingly rational acquisitions, funding them with highly undervalued equity is an empire building, shareholder...
...Additional reporting by Ivan Levingston This article was amended after publication to make clear that higher interest rates had driven the improvement in pension scheme funding levels...
...The $552.5mn funding is in the form of a secured loan to law firm Pogust Goodhead, and is the largest ever to a UK law firm in the nearly $16bn litigation funding market....
...Exchanges Commission’s proposals for tackling the Treasury basis trade that has caused plenty of angst in regulatory circles in recent years: “If the SEC recklessly impairs the basis trade, it would crowd out funding...
...Aggarwal, who owns 37 per cent of Ola Electric, told the FT that the six-year-old EV company did not need more private capital following a Rs3.2bn funding round last year led by the Singapore government-owned...
...In September, Lewis told Bloomberg that he had lined up funding for a bid for the paper. He plans to withdraw from the bidding process, according to a person familiar with the situation....
...News round-up Activist fund Elliott seeks board seats at oil refiner Phillips 66 (FT) Castore scores £950mn valuation after Raine-led funding round (FT) Farfetch shares plunge despite talk of founder...
...VinFast’s ambitions to become Vietnam’s answer to Tesla have hit setbacks amid a slate of dire reviews for its first US model, and the need for additional funding....
...The fund had raised $10mn in seed funding and is targeting a $100mn launch for its fund, according to two people involved....
...An educational technology empire rapidly assembled by Byju’s during a pandemic funding boom is now set to be dismantled, as what was once India’s most valuable start-up looks to asset disposals to settle...
...Smart reads War and crypto The Hamas militants behind the attack on Israel raised millions in cryptocurrency, highlighting how governments have struggled to cut off such groups from foreign funding, The...
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