In a statement software maker SpotOn said, it had raised $300 million in a late-stage funding round led by investment firm Dragoneer, which valued the company at $3.6 billion. The fundraiser also saw participation from growth-stage venture capital fund G… Read More ›
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Israeli tech startup Masterschool raises $100M in early stage funding round
In a statement Masterschool, an Israeli network of tech career-training schools said, it had raised $100 million in an early stage funding round led by venture firm Group 11. Ronald Cohen, Target Global, Dynamic Loop Capital, and Pitango Ventures, and… Read More ›
Stockholm based Volta Trucks raises $260M in series C funding round
In a statement Volta Trucks said, it had raised $260 million (230 million euros) through a Series C funding round, to help it launch the series production of its Volta Zero electric truck late this year. Stockholm-based Volta Trucks, which… Read More ›
Airbnb’s IPO trades above IPO target
According to sources familiar with the matter at hand, Airbnb Inc’s sale of shares during its initial public offering (IPO) sold at $68 apiece, above its targeted price range, and raised around $3.5 billion, giving it a diluted valuation of… Read More ›
1.5 trillion euros required for small & medium sized companies for mitigating coronavirus crisis: EU Economics Commissioner
In an interview to German magazine Der Spiegel, the European Union’s Economics Commissioner Paolo Gentiloni said, the EU would need around $1.63 trillion (1.5 trillion euros) to mitigate issues revolving around the coronavirus crisis. “The Eurogroup has now made proposals… Read More ›
Tesla hikes prices of some of its models in China
The depreciation of the Renminbi has led to a jump in import costs. On Friday, U.S. electric vehicles maker Tesla Inc stated, it has raised the price of some of its models in China. The development comes in the wake… Read More ›