by admin | Jun 18, 2020 | News
Chinese e-commerce giant JD.com’s shares rose 5.7% after opening at HKD $239 (about USD $30.80) during their first day of trading on the Hong Kong stock exchange. JD.com had originally priced the shares for the secondary offering at $226. JD.com issued 133 million new...
by admin | Jun 18, 2020 | News
Investor Chamath Palihapitiya made part of his fortune at Facebook, where he was a vice president for more than four years, leaving one year before its 2012 IPO. Though he has voiced concerns numerous times since about his former employer, he also believes it has...
by admin | Jun 18, 2020 | News
Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has raised a new €53 million fund. The firm writes initial cheques of between €500,000 and €1.3 million, and says it is on the hunt for startups developing...
by admin | Jun 18, 2020 | News
DroneBase, a Los Angeles-based provider of drone pilots for industrial services companies, has raised $7.5 million during the pandemic to double down on its work with renewable energy companies. While chief executive Dan Burton acknowledged that the company was...
by admin | Jun 18, 2020 | News
BizCapital, an online lender based in Brazil, has raised $12 million from a clutch of investors including the German development finance institution, the corporate venture capital fund of MercadoLibre and existing investors Quona Capital, Monashees, Chromo INvest and...
by admin | Jun 18, 2020 | News
Geek+, a Beijing-based startup that makes warehouse fulfillment robots similar to those of Amazon’s Kiva, said Thursday that it has closed over $200 million in a Series C funding round. That bumps total capital raised by the 5-year-old company to date to nearly $390...