Tag: Funding
Volvo-backed EV maker Polestar raises $550mn in external funding
Sweden-based Polestar, the electric car maker controlled by Volvo and its parent, the Chinese automaker Geely, has raised $550 million in external funding, the...
Fortnite creator Epic Games secures $1bn in latest funding
American video game and software developer Epic Games has raised $1 billion in a funding round, which makes the “Fortnite” maker's value at $28.7...
Abu Dhabi Fund endows $10mn for MSME development project in Colombia
UAE's leading financial entity, Abu Dhabi Fund for Development (ADFD) has participated in a virtual ceremony hosted by the Colombian Presidential Agency of International...
Hydrogen plane start-up ZeroAvia raises $24mn in latest funding
The world's first practical zero-emission aviation powertrain developer, ZeroAvia has raised around $24.3 million from investors including funds backed by the American business magnate...
Germany’s flying taxi startup raises $241mn in latest funding
2020 witnessed less demand for airplanes, trains and buses due to COVID-19 pandemic. But one of the startups hoping to pioneer a totally new...
Dubai cybersecurity startup spiderSilk closes $2.5mn funding round
Dubai-based cybersecurity startup spiderSilk has secured $2.25 million in a pre-Series A funding round led by Saudi Technology Ventures (STV) and Global Ventures.
The company...
Saudi VC KBW Ventures invests in US cellular seafood firm BlueNalu
Saudi Arabia-based venture capital (VC) firm KBW Ventures made an additional investment in US-based food-tech start-up BlueNalu after taking part in its $60 million...
Amazon-backed Deliveroo raises $180mn from funding round
Amazon-backed food-delivery start-up Deliveroo is now valued above $7 billion after raising $180 million in its latest funding round.
The UK-headquartered company had raised over...
