An entrepreneur who made his fortune building a $14 billion tech company is setting up a life science venture capital fund. The Israel-focused fund will target maturing life science startups with a view to helping companies grow into the next Teva ($TEVA) rather than sell up or outlicense their programs.
Spark Capital, an early and growth-stage venture firm, has raised a total of$1 billion for two funds, according to a news post. The firm closed $400 million for its fifth venture fund and $600 million for its second growth fund. Investors included foundations and university endowments.
The Kingdom of Saudi Arabia's sovereign wealth fund is considering selling stakes in local companies to raise funds for international expansion, according to five people with knowledge of the matter.
Just recently, Samsung has announced its plan to purchase the US based Harman International Industries, Inc. through an all-cash deal worth $8 billion.
To save its economy, Connecticut approves aid package for its 2nd hedge fund which will grant benefits to the people and the current industry.
From a remarkable start of $1M in the year 2010, Boldstart ventures has just closed its third fund with $47M.
In this period of time, headlines have been bombarded with news about executive remuneration, board composition, and other environmental concerns regarding climate change – issues which in fact concerns investors and listed businesses.
While the people of America has decided to place the Republican Donald Trump in the White House and therefore beating his Democratic opponent Hillary Clinton, the result of the 2016 US Presidential Election is expected to have direct impacts on businesses that have been the foundation towards the growth and development of the economy of the United States.
China and Abu Dhabi had announced its partnership for a $300 million fund for Film and other fields of entertainment.
Liberty Media Asks Teams To Help Fund $4.4 Billion F1 Takeover
With the growing demand for technology innovation nowadays, IMAX is on its way to fund the popularization of virtual reality in the limelight.
The campaign committee of Governor Pat McCrory has announced that it is submitting paperwork on Thursday which aims to establish a legal defense fund for the receiving of contributions to support the legal fight in the results of the gubernatorial election in North Carolina.
On the morning of Wednesday morning, after Republican’s bet Donald Trump won his way to the White House, stocks made a huge comeback rally following the near-800-point plunge late Tuesday night in pre-market futures trading for a possibility of a Trump victory.
Last Thursday, Tate Student Center’s biggest room was filled with more than a thousand people after University of Georgia formally publicize its fund-raising campaign.
Despite the urge from the members of the pro-life community to stop financing for abortion chain, a county council in Indiana convened on Wednesday to fund Planned Parenthood through taxpayer dollars.
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