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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Fertility startup Kindbody is exploring a potential sale after a funding round fell through, while seeking to raise $10 million to maintain operations. The company has received takeover proposals and is looking for bridge financing from both new and existing investors.
India has surpassed China in attracting clean technology investments, completing deals worth approximately $2.4 billion in the third quarter. This figure is more than four times that of China and ranks second globally, following the United States, as the country enhances its domestic green manufacturing efforts.
Zopa Bank Ltd. has successfully raised €82 million ($86.6 million) to support the launch of its current accounts in the upcoming year. The funding round was led by A.P. Moller Holding A/S, with participation from existing investors including IAG Silverstripe and Augmentum Fintech. Zopa maintains its status as a $1 billion unicorn, although its valuation remains undisclosed.
Elyse Energy, a French clean-tech startup, has secured approximately €120 million ($126 million) to develop green fuels for the chemicals, shipping, and aviation sectors. The funding includes an equity investment from the Hy24 infrastructure fund, which is acquiring a minority stake, along with sales of convertible bonds. This investment will support the production of renewable methanol and biokerosene for aviation.
Investors are eager for UK startup shares, with $50 million in unfilled orders for Klarna stock and Revolut employees waiting months to cash in over $500 million in holdings. Monzo also has a significant potential order book for its equity, highlighting a growing interest in secondary sales amid a stagnant IPO market.
Planify has launched the VentureX Fund, a pioneering alternative investment fund focused on small and medium enterprises (SMEs) with a total size of Rs 1,000 crore. The fund aims to identify high-potential SMEs in emerging markets, offering investors a minimum investment of Rs 1 crore and a strategic capital deployment plan over 2.5 years, including participation in SME IPOs and secondary market acquisitions. Led by experienced professionals, the fund seeks to unlock significant growth opportunities within the SME sector.
Chinese billionaire Yi Zheng, founder of the RoyalFlush trading app, has seen his wealth increase by $6 billion since the country's stimulus measures began in September. His company, Hithink RoyalFlush Information Network Co., is experiencing its best share performance in five years, driven by a surge in mainland stock trading.
Robinhood CEO Vlad Tenev announced the company's interest in expanding into sports betting, highlighting its significance to customers and culture. He suggested that this expansion could involve event contracts, similar to those launched before the presidential election. Following his remarks, shares of major sports betting companies experienced modest fluctuations, while Robinhood's stock rose by 3.5%.
Home of Fight, a rapidly growing combat sports media platform, has completed a Series A funding round led by new CEO Matty Betss, with investments from Growth Box Ventures and notable UFC stars. The company has nearly doubled its social media following to over one million and plans to enhance content production, expand UFC event coverage, and develop new programming formats, including the "Show Me The Money Podcast" co-hosted by UFC veterans Gilbert Burns and Renato Moicano. With a focus on authentic and comprehensive MMA coverage, Home of Fight aims to redefine sports media for fans.
Benson Capital Partners has invested in OS BENEFiTS, a New Orleans-based company providing affordable health insurance and wellness benefits for hospitality workers, addressing a significant gap in the industry. With only 32% of U.S. hospitality workers having employer-sponsored healthcare, this investment aims to enhance access to critical healthcare services. Founded by Elizabeth Tilton, OS BENEFiTS offers over 25 wellness benefits and has recently launched a benefits dashboard to improve user experience and personalization.
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Kindbody Explores Sale Options While Seeking 10 Million in Funding
21:43 06.12.2024
India Surpasses China in Clean Technology Investments Amid Renewable Surge
01:30 06.12.2024
Zopa Bank Secures 86 Million Dollars for Upcoming Current Account Launch
01:00 06.12.2024
Elyse Energy Secures 120 Million Euros for Green Fuel Initiatives
15:47 05.12.2024
Investors Seek UK Startup Shares Amid Frozen IPO Market
09:00 05.12.2024
Planify Launches VentureX Fund to Boost Investment in High-Potential SMEs
07:19 05.12.2024
Chinese Billionaire Gains Six Billion from RoyalFlush Trading App Surge
00:00 05.12.2024
Robinhood Explores Expansion into Sports Betting Market According to CEO
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20:10 04.12.2024
home of fight secures series a funding to expand combat sports media platform
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19:00 04.12.2024
Benson Capital Partners Invests in Affordable Health Benefits for Hospitality Workers
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17:29 04.12.2024
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