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Indonesian EV maker ALVA raises $50m Series B led by Horizon VenturesDealStreetAsia had reported on ALVA’s fundraising plans in May.
Indonesia’s PT Ilectra Motor Group (IMG), popularly known as ALVA, has finalised a $50 million Series B funding round, led by Horizon Ventures, the electric two-wheeler maker announced on Monday. IMG’s parent company Indika Energy, HH-CTBC Partnership L.P (Foxconn Co-GP Fund), and Brama One Ventures (a family office) also joined the round. The fresh capital… Continue reading Indonesian EV maker ALVA raises $50m Series B led by Horizon VenturesDealStreetAsia had reported on ALVA’s fundraising plans in May.
China’s Winreal Investment hits second close of new RMB fund at nearly $250m
China’s Winreal Investment, which mainly invests in the hard tech and digital tech industries, has announced the second close of its new RMB-denominated fund at 1.8 billion yuan ($249.4 million). With the second close, the new RMB fund is already 50% larger than the 2020-vintage, 1.2-billion-yuan ($166.7 million) predecessor fund. Over 77% of existing limited… Continue reading China’s Winreal Investment hits second close of new RMB fund at nearly $250m
Indian early-stage VC firm Veda marks first close of $30m maiden fund
Indian early-stage venture capital firm Veda VC on Monday said it has made the first close of its $30-million (Rs 250 crore) fund with investments from family offices and startup founders. Veda VC, which has backed 41 startups, including Dukaan, Even Health, One Impression, Agnikul, Rigi, and GrowthSchool, plans to invest between $250,000 and $1.25… Continue reading Indian early-stage VC firm Veda marks first close of $30m maiden fund
India Digest: Three family offices buy SoftBank’s stake in FirstCry; Udaan in fundraising talks
Three family investment offices have picked up a stake in SoftBank-backed baby products firm FirstCry for Rs 435 crore ($52 million), the Economic Times reported on Monday. Separately, B2B e-commerce company Udaan is in talks to raise $200-250 million in an internal round, Entrackr reported. Three family offices pick up SoftBank’s stake in FirstCry Three… Continue reading India Digest: Three family offices buy SoftBank’s stake in FirstCry; Udaan in fundraising talks
@Geely: Mon 21 Aug 2023Lotus Eletre Hyper-SUV makes its North America debut at Monterey Car Week 1 | 5 | 0 The Lotus Eletre hyper-SUV has mad…
Eletre impressed guests on its US debut at The Quail, A Motorsports Gathering A new breed of pure electric performance SUV, Eletre takes core principles from Lotus’ 75 years of sports car design and engineering Lotus also had two world debuts at Monterey Car Week – the Type 66 ultra-exclusive track-only Can-Am racer and F1… Continue reading @Geely: Mon 21 Aug 2023Lotus Eletre Hyper-SUV makes its North America debut at Monterey Car Week 1 | 5 | 0 The Lotus Eletre hyper-SUV has mad…
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TOKYO, Aug 21 (Reuters) – When SoftBank Group-owned (9984.T) chip designer Arm files for a Nasdaq IPO on Monday, investors are set to hone in on a key question – will the company have “exponential growth” due to the boom in artificial intelligence as CEO Masayoshi Son claims? Since acquiring the chip designer in 2016,… Continue reading Untitled
DUBAI ATTEINT DE NOUVEAUX SOMMETS EN TANT QU’ÉPICENTRE MONDIAL DU GAMING EN PLEIN ESSOR
DUBAI, EAU, 21 août 2023 /PRNewswire/ — Dubaï s’est imposée comme un centre mondial florissant pour l’e-sport et les jeux vidéo après la conclusion spectaculaire de la deuxième édition du Dubai Esports and Games Festival (DEF) qui a attiré une participation record de plus de 27 000 personnes au cours de l’événement passionnant de cinq jours… Continue reading DUBAI ATTEINT DE NOUVEAUX SOMMETS EN TANT QU’ÉPICENTRE MONDIAL DU GAMING EN PLEIN ESSOR
DUBAI ASCENDS TO NEW HEIGHTS AS A THRIVING GLOBAL GAMING EPICENTER
DUBAI, UAE, Aug. 21, 2023 /PRNewswire/ — Dubai has established itself as a thriving global hub for esports and gaming following the spectacular conclusion of the second edition of Dubai Esports and Games Festival (DEF) which drew a record-breaking attendance of over 27,000 people during the thrilling five-day event and gathered over 75,000 gamers from across the globe!… Continue reading DUBAI ASCENDS TO NEW HEIGHTS AS A THRIVING GLOBAL GAMING EPICENTER
DUBAI ASCENDS TO NEW HEIGHTS AS A THRIVING GLOBAL GAMING EPICENTER
DUBAI, UAE, Aug. 21, 2023 /PRNewswire/ — Dubai has established itself as a thriving global hub for esports and gaming following the spectacular conclusion of the second edition of Dubai Esports and Games Festival (DEF) which drew a record-breaking attendance of over 27,000 people during the thrilling five-day event and gathered over 75,000 gamers from across the globe!… Continue reading DUBAI ASCENDS TO NEW HEIGHTS AS A THRIVING GLOBAL GAMING EPICENTER