News round up 11 June 2018
Posted on 11 June, 2018 by Callum Cyrus, reporter
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
The product-comparison app has been backed by the London Co-Investment Fund.
The ride hailing firm has teamed up with Singaporean state agencies to launch Grab Ventures, which is set to make eight to 10 investments over the next two years.
Veolia, La Capitale, Groupe ADP, Ubisoft and several government agencies are among the limited partners in White Star’s second fund, which has achieved a $180m close.
Singaporean government-backed Temasek returned to participate in the medical research company’s latest round.
The round, already backed by Amazon Alexa Fund, has been increased by $36m through an extension that featured Business Development Bank of Canada.
The smartphone manufacturer, which filed for a $10bn initial public offering in May, is planning to raise up to 30% of the amount in mainland China and the remainder in Hong Kong.
CDBQ-backed Claridge Israel has purchased a minority stake in Cyberbit, a hitherto wholly-owned subsidiary of defence contractor Elbit Systems.
The round was already the largest ever at the previously reported $10bn mark but has been revealed to stand even taller with an additional $4bn.
Copyright Mawsonia Limited 2010. Please don't cut articles from www.globalgovernmentventuring.com or the PDF and redistribute by email or post to the web without written permission.
Latest magazinePast Issues
Get full online access, the monthly magazine, weekly news alerts, special reports and more.See all subscription options