Astatine Investment Partners (AIP), formerly known as Alinda Capital Partners, has announced its acquisition of McKeil Marine Limited, a prominent Canadian marine transportation firm, from TorQuest Partners. Founded in 1956, McKeil Marine has established itself as a leader in marine transportation and project services in Canada. With a modern and diverse fleet of 13 vessels, … Read more
Databricks, a Data and AI company, announced the completion of additional closings in its recent Series I funding round. This latest financial injection has boosted the company’s post-money valuation to an impressive $43 billion. The funding round witnessed participation from both existing investors, including tech giants Amazon Web Services (AWS), CapitalG, and Microsoft, and new … Read more
Summer, a startup that seeks to transform the landscape of vacation home ownership, has announced a significant $18 million funding round led by top-tier investors QED and Viola FinTech. The company also secured a substantial debt facility of up to $50 million from Setpoint Capital, marking a major milestone in their growth journey. The funding … Read more
London-based neo-bank Monument has successfully raised over $50 million in a Series B funding round, attracting both existing and new investors. The bank, which caters to the mass affluent market, plans to use this significant capital infusion to broaden its operational scope and extend its market reach. Founded by Mintoo Bhandari and under the leadership … Read more
The OPEC Fund for International Development has extended a US$21 million loan to support the expansion of the Karenge Water Supply System Project. This initiative is set to improve the water supply for the inhabitants of Rwanda’s capital, Kigali, and the Rwamagana District. The loan from the OPEC Fund is part of a larger US$143.3 … Read more
The OPEC Fund for International Development has announced a $25.5 million loan to the Government of Benin aimed at enhancing the technical and professional skills of the nation’s workforce. The agreement, signed by OPEC Fund Director-General Abdulhamid Alkhalifa and Benin’s Minister of Economy and Finance, Romuald Wadagni, took place at the Saudi-Arab-African Economic Conference in … Read more
PopChill, the Taiwan-based luxury fashion platform, has successfully raised $1.9 million in investments, bringing its total funding to $5.2 million. The latest round saw participation from prominent investors such as ITIC, AVA Angels Fund, 500 Global, Acorn Pacific Ventures, and Darwin Venture. Distinguished from traditional e-commerce platforms, PopChill employs a unique authentication model where listed … Read more
Cathay Capital Private Equity announced the closing of its fourth Small Cap fund at €240 million, with the intention to support growth companies across Europe, North America, and Asia. This latest fund takes Cathay Capital’s assets under management to more than €5 billion. The Small Cap IV fund stands out as the first of Cathay … Read more
Gaw Capital Partners, a leading real estate private equity firm, has announced the closing of its seventh Asia Pacific real estate fund, Gateway Real Estate Fund VII. With a total of $3 billion in equity, the fund sets its sights on a variety of real estate opportunities across the Asia Pacific region. The new fund … Read more
TDK Corporation announced a significant boost to its venture capital activities, with subsidiary TDK Ventures Inc. launching its third investment fund, amassing $150 million in new capital. The fund will focus on early-stage investments in energy transition, electrification, and decarbonization within the U.S. and Europe, bringing TDK Ventures’ total assets under management to $350 million. … Read more
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