Hong Kong’s government says it approved spending of over HK$192 million since 2023 on “mega events” designed to attract tourists, and had put rules in place to guard against potential conflicts of interest. In a written response to lawmakers on Wednesday, the Culture, Sports and Tourism Bureau said the committee overseeing the “Mega Arts and […]
No tickets were sold matching all six numbers in Tuesday evening’s drawing of the multi-state Mega Millions lottery, pushing the estimated jackpot for Friday’s drawing to $228 million. The numbers drawn were 11, 17, 33, 39 and 43 and the Mega number was 14. Tuesday’s jackpot was $202 million. One ticket matching five numbers, but […]
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
Two big wins occurred Tuesday night for North Carolina in the Mega Millions drawing as one lucky ticket purchased in Asheville won $1 million and a second bought in Kernersville won $4 milllion.
WASHINGTON (KTVZ) -- Senators Ron Wyden and Jeff Merkley announced this week that 30 Oregon counties will receive more than $47.7 million in federal payments under the Secure Rural Schools and Community Self-Determination Act for schools and road maintenance, youth job training, wildfire prevention, watershed restoration and habitat conservation. These funds, more than $2.56 million of
The numbers in Tuesday evening’s draw of the multi-state Mega Millions lottery are 21, 26, 36, 44, 59 and the Mega number is 2. The estimated jackpot is $148 million. The drawing was the sixth since the last time a ticket with all six numbers was sold. The odds of matching all five numbers and […]
AI computing firm Blaize said on Monday it has raised $106 million in funding, including from existing investors such as Mercedes-Benz and Temasek. Other existing investors such as Bess Ventures, Franklin Templeton and Denso, besides new investors such as Rizvi Traverse, Ava Investors and BurTech LP also participated in the fundraising, the company said in a statement, without disclosing the details on its valuation. The fundraise reflects the frenzy that had helped the AI sector attract a major...
Malaysia's sovereign wealth fund Khazanah Nasional Bhd. will set up a
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. will set up a venture capital of up to 3 billion ringgit ($627 million) with two other partners to invest in startups in Southeast Asia.
Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...
LetsTransport, the truck aggregator startup, has raised $22 million in a funding round led by Bertelsmann India Investments.The round also saw participation from Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital and others. The funds will be used for expanding market presence, scale adjacent business verticals and achieve profitability. Significant investments will be made in products for both enterprises and truckers, as well as expanding geographically to different...
The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced the availability of $316 million to support and modernize passenger ferry services across the country. The funding, part of