Multi-stage global investment fund B Capital has closed its second Opportunities fund at $750 million. Details on this and more in today's ETtech Top 5.Also in this letter:■ No slowdown in online commerce■ Ola Electric ropes in Byju's Jitesh Shah■ Explained: Nvidia’s Blackwell AI chipB Capital closes second Opportunities fund at $750 million 108621993B Capital cofounders Raj Ganguly (left) and Eduardo SaverinGlobal investment firm B Capital, which has backed the likes of Byju’s,...
Venture capital firm World Fund said Friday it's closed a 300 million euro ($325 million) venture fund to back startups tackling climate change.
Carbon emission management platform Sprih has raised $3 million in a funding round led by early-stage venture capital firm Leo Capital. The company said that the funds will be used for expanding globally on the sales front, acquiring talent for developing artificial intelligence (AI) models focusing on climate issues and expanding the network of partners. “We are trying to bring all the climate data in one place and for that, we are going to keep investing in research and product development,”...
British Business Bank (BBB) has launched its second Northern Powerhouse Investment Fund that will deliver £660m to startups across the north of England. BBB, the UK’s state development bank for SMEs, launched its first Northern Powerhouse Investment Fund in 2017 to increase the flow of capital to startups in the north of England. The new […]
Global investment firm B Capital, which has backed the likes of Byju’s, Meesho and Pharmeasy in India, on Tuesday announced the close of its second Opportunities fund at $750 million.While not disclosing specific names, the investment firm, founded by Facebook cofounder Eduardo Saverin, said that its latest Opportunities fund has received participation from both existing and new investors including private and public pensions, family offices, high-net worth individuals, and sovereign wealth...
Venture debt firm Alteria Capital announced the final close of its third fund at Rs 1,550 crore (about $195 million). Along with the venture debt scheme, the Mumbai-based firm, which has backed startups such as Rebel Foods, BlueStone, OneCard, Ather and Captain Fresh, has opened for subscription a shorter duration scheme as part of the fund. On an aggregate basis, the fund size is expected to be $250-300 million, it said.Through the venture debt fund, Alteria Capital will back startups that have...
JustDeliveries, a provider of logistics solutions for perishables, has raised $1 million in a pre-Series A funding round led by Nabventures. Other investors including Faad Network, Anay Ventures, Caret Capital and Mahansaria Family Office also participated in the round.Nabventures, a subsidiary of the Indian government’s National Bank for Agriculture and Rural Development (Nabard), is a venture growth equity fund that invests in agritech, foodtech, rural fintech, healthtech and edtech...
Roblox officially has its own creator fund, the company tells Fast Company in an exclusive announcement. While the company previously offered a fund for games makers and designers, the expanded $35 million fund, will encompass developer studios and users who want to build things beyond games on the server—and one of the first partners is a short-form video service, nudging into the social media landscape. “The newly titled Creator Fund, previously Game Fund, is one of the many programs we...
Subko, a specialty coffee roaster and craft bakehouse, has raised $10 million in a funding round led by Zerodha cofounder Nikhil Kamath.The round also witnessed participation from a clutch of investors including Blume Founders Fund, The Gauri Khan Family Trust, actor John Abraham, JSW Foundation's Sangita Jindal, Srinivas and Pallavi Dempo, and The Mehta International Mauritius Ltd Group, among others.“We have a four-vertical approach We are not only a specialty coffee, but also a craft...
This week has been quite eventful in the crypto market. While Bitcoin and Ethereum struggled to maintain their new resistance levels, memecoins were bursting the charts with massive gains as high as 300% in 72-hour price charts. In the same vein, the market woke up to the news on March 11, 2024, that 332 billion […]
&Partners boosted its position in shares of AT&T Inc. (NYSE:T – Free Report) by 130.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 81,600 shares of the technology company’s stock after purchasing an additional 46,118 shares during the period. &Partners’ holdings in AT&T were […]
After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable number given a background of war and economic uncertainty. The VC originally emerged from the founders of the Ecosia independent search engine, where search enquires funded the planting of...