LOS ALAMITOS, Calif., Aug. 26, 2021 /PRNewswire/ — Spartan Radar, a provider of biomimetic automotive radar solutions, today announced that it raised $10 million in a seed round led by Prime Movers Lab and 8VC. Additional investors include Mac VC, Alumni Ventures Group, Broom Ventures and Gaingels. Spartan Radar builds cutting-edge software that improves radar… Continue reading Spartan Radar Raises $10 Million in Seed Funding to Advance Autonomous Vehicle Radar Software
Tag: M and A
MCR acquired by Arlington Capital Partners
Bill Parker, CEO of MCR said, “We have generated a great deal of momentum in expanding our distinct capabilities to support our customer base resulting in industry-leading organic growth over that past three years, and this is just the beginning. With Arlington’s support and investment, we see exciting new opportunities to become trusted advisors and… Continue reading MCR acquired by Arlington Capital Partners
TUMI Partners with Missoni for an Exclusive Collection
TUMI, the leading international travel and lifestyle brand has collaborated with the Italian luxury brand, Missoni. Tweet this This partnership came to fruition with the Missoni and TUMI teams traveling between Italy and New York in search of the perfect archival pattern that complemented TUMI’s popular Voyageur collection. TUMI selected the iconic zigzag for its… Continue reading TUMI Partners with Missoni for an Exclusive Collection
Interim report for AAC Clyde Space AB (publ) January – June 2021
UPPSALA, Sweden, Aug. 26, 2021 /PRNewswire/ — 2021-08-26 AAC Clyde Space AB (publ) Second quarter, April–June 2021 (compared with April–June 2020) Net sales increased 156% to SEK 47.4 M (18.5) Omnisys Instruments, which was acquired on 30 April, accounted for SEK 15.5 M Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to SEK -3.5… Continue reading Interim report for AAC Clyde Space AB (publ) January – June 2021
Castellum AB (publ) successfully issues hybrid bonds amounting to EUR 1 billion
GOTHENBURG, Sweden, Aug. 26, 2021 /PRNewswire/ — On 25 August 2021, Castellum AB (publ) successfully issued hybrid bonds with an initial non-call period of 5.5 years and a fixed coupon of 3.125%. The issue was oversubscribed and the bonds will be listed on Euronext Dublin (Global Exchange Market). The hybrid bonds are considered to be… Continue reading Castellum AB (publ) successfully issues hybrid bonds amounting to EUR 1 billion
Betsperts Announces Closing of Series A Fundraising Round
CHICAGO, Aug. 26, 2021 /PRNewswire/ — Betsperts Media & Technology Group CEO Reid Rooney announced that Betsperts has just closed a $6 million Series A fundraising round. Between Betsperts app, Fantasy Life App, and their livestream media content, Betsperts boasts one of the largest sports betting and fantasy sports audiences in the US. The Betsperts Group expects… Continue reading Betsperts Announces Closing of Series A Fundraising Round
India offers huge opportunities for vehicle manufacturers: Nissan COO
“India is the fourth largest (automotive) market. In five to six years, it should be the third-largest market. However, there is a big opportunity,” he said, adding the low car penetration of just 20 per 1,000 offers a “huge opportunity in front of us”. New Delhi: India offers huge opportunities for vehicle manufacturers and electrification… Continue reading India offers huge opportunities for vehicle manufacturers: Nissan COO
Sun Mobility aims to have one million EVs on road by 2025
Chetan Maini, Co-founder of Sun Mobility New Delhi: Electric vehicle solutions and services startup Sun Mobility said it will build itself a complete mobility as a service (MaaS) and aims to bring one million EVs on Indian roads by 2025, Chetan Maini, co-founder of Sun Mobility told ETAuto. With this the company aims to be… Continue reading Sun Mobility aims to have one million EVs on road by 2025
Blackstone acquires two assets worth $40m from Indian developer Tarc
Private equity major Blackstone has entered into an agreement to acquire two wholly-owned subsidiaries of Indian listed developer TARC Ltd for a consideration of about $40 million (Rs 295 crore). Under the agreement, BREP Asia II EIP Holding Pte. Ltd, a Blackstone affiliate, will acquire Goodluck Buildtech Private Limited and Anant Raj Hotels Limited (ARHL).… Continue reading Blackstone acquires two assets worth $40m from Indian developer Tarc
India: Battery Smart partners Tiger Global-backed car service startup GoMechanic
Battery Smart, a battery swapping network for electric two- and three-wheelers, on Wednesday, announced a partnership with GoMechanic, a network of tech enabled car service and spares centres. Through the partnership, Battery Smart will set up battery swapping stations in 100+ GoMechanic garages across India, with the first one live in west Delhi. Go to… Continue reading India: Battery Smart partners Tiger Global-backed car service startup GoMechanic