China´s adaptive robot maker Flexiv raises over $100 million
As businesses around the world look to automate production lines and supply chains, companies making the robots are attracting great investor interest. The latest to get funded is Flexiv, which closed a Series B round north of $100 million from investors including China’s on-demand services giant Meituan. Other major investors in the strategic round are […]
Ukrainian IT giant Ciklum attracts investment from US private equity fund
This story includes new information and a comment from AVentures Capital. U.S.-based global technology investment platform Recognize Partners is investing in Ciklum, one of the five largest IT outsourcing companies in Ukraine. The company disclosed neither the sum of its investment nor the stake in Ciklum, citing business-sensitive information. Ciklum will spend money on hiring […]
TPG´s Rise fund Leads $210 Million Series D Round in Chinese Edtech Firm Meishubao
Meishubao Education, a Tencent-backed Chinese online art education platform, announced on Thursday the completion of a Series D round of financing at $210 million led by U.S.-based private equity firm TPG’s global impact investing platform The Rise Fund. A group of Chinese investors including Shenzhen-based venture capital firm Fortune Capital; Winsdom Capital, which invests in […]
Big tech bets and cryptocurrencies power 2020’s top U.S. funds
NEW YORK – Outsized bets on large U.S. technology companies and emerging cryptocurrencies fueled the year’s top-performing U.S. mutual fund and exchange-traded funds as the coronavirus pandemic upended global markets, while funds that bet on oil and gas companies fell nearly 100%, according to data from fund-tracker Morningstar. The year was a challenge like few […]
