Petroperu will be seeking to riase $2.7 billion to fund the modernization and upgrades of its Talara refinery. About half of the funds will come from international investors, Reuters reported.
Fundraising
Boston-based private equity firm Mansa Capital Management was able to get additional funding worth USD 15 million for its initial healthcare fund, bringing to USD 50 million in total funds.
Analysts thought that ThyssenKrupp latest fundraising efforts, which was a USD1.2 billion share sale, was not enough to turn the company around from its dire financial straits.
The shareholders of Egypt's Citadel Capital had approved the share sale for increased capitalization expected to reach EGP3.64 billion.
Clayton Dubilier & Rice LLC had raised a total of USD3 billion for its ninth investment pool said sources who were familiar with matter.
Comic Con requested US$1 from its millions of fans to join in a non-studio revoluttion
Open-Xchange raised US$20 million for cloud services expansion.
Singapore's Redmart raised a Series A round to increase valuation.
Movidus planned to offer a new computational image processor after new funding round.
US venture firm fundraising activity decreased 54% in the second quarter this year.
Dawn Capital's latest fund raised US$95.1 million.
Altair Semiconductors raised $25 million from its recent fundraising activity.
CVC Capital received Eur7 billion in its six-month round.
Funds Report Increasing Headcount at Operating Company Level
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Businessman Brutally Murdered Allegedly by 4 of His Workers Who Swung an Axe Into His Head
- Taylor Swift Reaches Her Billionaire' Era,' Joining Elon Musk and Jeff Bezos on the List of World's Wealthiest People
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- Alaska Airlines Passenger Loses Pet Dog During Loading Due to Airline Misstep
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk