Enpal receives investment for business development

German startup Enpal raises €215 million in funding Enpal, which operates in the field of green energy, conducted a round of financing. As a result, it was able to get 215 million euros of investment, thanks to which the business valuation reached 2.2 billion euros. The main investor was the TPG Rise Climate fund. Prior…

OpenAI AI startup may receive investment from Microsoft Corporation

OpenAI will reach a valuation of more than $20 billion thanks to investments from Microsoft Microsoft is considering investing $10 billion in the startup OpenAI. If the deal goes through, the value of the company could reach $29 billion. So far there is no official statement from the interested parties, but some sources note that…

Startup Monarch Tractor launches its MK-V tractor

Monarch Tractor introduces a tractor with an intelligent control system The American company Monarch Tractor announced the launch of autonomous tractors that run on an electric motor. The equipment is equipped with a system based on the artificial intelligence of Jetson Edge generation from NVIDIA Corporation. The MK-V tractors will be the first in the…

Startup Vektor AI received funding in the pre-seed round

Vektor AI: a platform for finding a mentor and professional development Startup Vektor AI raised $2.5 million in a pre-seed round. Investors included both individuals and large funds, including Cherry Ventures, Bradley Horowitz, who is a vice president at Google, and others. Vektor AI was founded by a married couple who previously worked at Yandex.…

Verkor battery manufacturer for electric cars has attracted 25 millions euro

French startup Verkor plans to build a large plant The French startup Verkor held a round of financing, which resulted in the attraction of 25 millions euro. Among the investors of the battery manufacturing company are the German Siemens Corporation and Societe Generale Bank from France. The funds will be used to build a modern…

BlackRock and Allianz became investors in the Indonesian company Traveloka

Traveloka received $200 million in funding Indonesian company Traveloka has received funding from BlackRock and Allianz corporations. The amount of investment was $300 million and exceeded expectations during the preliminary assessment of the round. Experts had planned to receive $200 million. The company's investors also include GIC Pte and Expedia. The startup's valuation is $3…

Bending Spoons received a $340 million investment

Bending Spoons attracted major investors Italian startup Bending Spoons held a funding round that raised $340 million. Investors came from various sectors, such as actor Ryan Reynolds and former Vimeo platform head Kerry Trainor. According to unverified reports, Eric Schmidt, who holds an executive position at Google Corporation, is also among the investors. Bending Spoons…

Startup ATLANT 3D Nanosystems received $15 million in investment

ATLANT 3D Nanosystems: the uniqueness of the technology Startup ATLANT 3D Nanosystems from Denmark held a round of financing, led by West Hill Capital, a venture capital business from the United Kingdom. In total, the project managed to raise $15 million. The names of other investors were not disclosed, although it is known that one…

Electric Hydrogen raised $198 million

Electric Hydrogen received funds to develop an electrolysis plant The startup Electric Hydrogen held a financing round that raised $198 million. Investors included funds from such major companies as Amazon, Silicon Valley Bank, and Equinor. In addition to them, well-known representatives of business, including Mitsubishi Heavy Industries, invested in the project. The corporations' attention was…

Swvl increased the number of customers in Egypt and Pakistan amid higher prices for raw materials

Swvl fears the impact of inflation on business The record increase in energy prices has been disastrous for many companies in various fields. However, in addition to producers and suppliers of raw materials, the crisis on the market also played into the hands of other businesses. Among the lucky ones was the Dubai-based company Swvl,…

10.10.20220Comments

ByPress secretary

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.