News round up 18 June 2018
Posted on 18 June, 2018 by Callum Cyrus, reporter
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
The state’s technology development agency will make investments of up to $50,000 available to new businesses which are unable to raise money elsewhere.
The Indian state plans to focus investment on startups and innovative projects run by young people.
The government’s new investment plans cover the period up to 2023.
The Abu Dhabi state-backed investment company revealed its intentions during London Tech Week.
M17 Entertainment, backed by MCN, Yahoo Japan and Singapore’s Vertex Ventures, rang the opening bell on the NYSE last week but never began trading.
The Vertex Ventures-backed firm has taken its lifetime fundraising past the $100m mark.
Temasek, Rockwell Automation, Aster Capital and Next47 participated in a $60m series B round that brought Claroty’s total funding to date to $93m.
The flexible workspace provider has raised $46m from investors including Caisse de dépôt et placement du Québec.
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