The five hundred thousandth G-Class has rolled off the production line in Graz 44 years after its market launch Historic design elements on the anniversary vehicle recall the early years Electrification ensures a promising future for the off-road vehicle icon The production anniversary of a brand icon: the 500,000th model of the legendary Mercedes‑Benz G-Class… Continue reading @Daimler: The 500,000th Mercedes-Benz G-Class: The production anniversary of a brand icon
Category: Automotive
@Daimler: The 500,000th Mercedes-Benz G-Class: The production anniversary of a brand icon
The five hundred thousandth G-Class has rolled off the production line in Graz 44 years after its market launch Historic design elements on the anniversary vehicle recall the early years Electrification ensures a promising future for the off-road vehicle icon The production anniversary of a brand icon: the 500,000th model of the legendary Mercedes‑Benz G-Class… Continue reading @Daimler: The 500,000th Mercedes-Benz G-Class: The production anniversary of a brand icon
Capria Ventures hits first close of new emerging markets fundLPs in the new fund include OIP Investment Trust and Gates Ventures, among others.
Capria Ventures, a global venture capital investment firm, has announced the first close of its second $100-million fund that will focus on investing in 20-25 tech startups in India, Southeast Asia, Latin America, the Middle East, and Africa, according to a statement. Limited partners in the new fund include OIP Investment Trust and Gates Ventures… Continue reading Capria Ventures hits first close of new emerging markets fundLPs in the new fund include OIP Investment Trust and Gates Ventures, among others.
India’s Real Time Angel Fund secures $16.2m second close of maiden vehicle, raises target
India-based angel investor Real Time Angel Fund (RTAF) has raised Rs 125 crore ($16.2 million) in its second close, the firm’s partner & CEO Pranay Mathur announced in a LinkedIn post on Tuesday. The overall target size of the SEBI-registered, Cat-1 AIF fund has also been upsized to Rs 510 crore from its initial target… Continue reading India’s Real Time Angel Fund secures $16.2m second close of maiden vehicle, raises target
Vertex-backed Finnish EV charging startup Virta raises $94m
Finland-based Electric Vehicle (EV) charging platform Virta has raised 85 million euros ($94 million) in a growth funding round led by the French private equity firm Jolt Capital. Jolt Capital and other existing investors — German energy firm E.ON-backed Future Energy Ventures, Helen Ventures, Singapore-based Vertex Growth Fund, Finnish Industry Investment, Lahti Energy, Vantaa Energy,… Continue reading Vertex-backed Finnish EV charging startup Virta raises $94m
VC investments in Asia sink to 8-year low at $13.5b in Q1 2023: KPMG
Venture capital investment in Asia has nearly halved to $13.5 billion in the first quarter of 2023 across 1,773 deals from $25.5 billion in the fourth quarter last year, according to a report by KPMG. This is the lowest in eight years as venture capital dealmaking has slowed down sharply amid economic headwinds. “After 2022,… Continue reading VC investments in Asia sink to 8-year low at $13.5b in Q1 2023: KPMG
French fashion group SMCP’s bondholders expect initial bids for their stake by mid-May
Bondholders in French fashion group SMCP, the owner of labels such as Sandro and Maje, are expecting first-round, non-binding bids for their 37% stake in the company by mid-May, said two people with knowledge of the transaction. The bondholders, which include asset manager BlackRock and private equity firm Carlyle, appointed investment bank Lazard Frères SAS… Continue reading French fashion group SMCP’s bondholders expect initial bids for their stake by mid-May
German Handelsblatt: Trial: Ex-Audi top manager Wolfgang Hatz makes comprehensive confession in the diesel scandal006778
Wolfgang Hatz (Mitte) im September 2020 vor Gericht Der frühere Chef der Aggregate-Entwicklung bei Audi könnte für eine Wende im Prozess sorgen. (Foto: dpa) Es ist 9.30 Uhr, als Wolfgang Hatz im Strafprozess um die Manipulationen an Dieselmotoren bei Audi die Kehrtwende vollzieht. „Ich räume die mir zur Last gelegten Vorwürfe hiermit vollumfänglich ein“, lässt der… Continue reading German Handelsblatt: Trial: Ex-Audi top manager Wolfgang Hatz makes comprehensive confession in the diesel scandal006778
Savory and Partners: The Portuguese D2 Visa – Allowing UAE Entrepreneurs to Expand Into The EU Seamlessly
DUBAI, UAE, April 22, 2023 /PRNewswire/ — Portugal has a lot of different immigration options available, from its residency by investment route (the golden visa), its passive income option (the D7 visa), to its newly christened digital nomad visa. However, there is one option that is tailor-made for businesses that often goes unnoticed – the Portuguese… Continue reading Savory and Partners: The Portuguese D2 Visa – Allowing UAE Entrepreneurs to Expand Into The EU Seamlessly
NWTN Holds Exclusive Preview of the Rabdan ONE at its Suhoor Gathering in Celebration of the Holy Month of Ramadan.
DUBAI, UAE, April 22, 2023 /PRNewswire/ — In celebration of the Holy month of Ramadan, NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today held a Suhoor gathering at their assembly facility in the Khalifa Economic Zone Abu Dhabi (KEZAD) in celebration of the… Continue reading NWTN Holds Exclusive Preview of the Rabdan ONE at its Suhoor Gathering in Celebration of the Holy Month of Ramadan.