Venture Capital

Berkshire Hathaway Reveals $7 Billion Investment to Swiss Insurer Chubb

Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb.


Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser

Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent...

Apple Supplier Foxconn Sees Surge in April Sales, Thanks to Strong iPhone Demand

Foxconn reports its highest-ever April revenue surge, with a nearly one-fifth increase compared to last year, driven partly by strong iPhone demand and diversification efforts...

Tesla Has Already Figured Out Trade Strategies To Uber

Up with its never ending pursuit to expand and be in with modern business potentials, and this time it is with Uber...


Latest News

PingTune's music-focused messaging app raises USD1.6 million
New music-focused messaging app for the iPhone PingTune was able to raise GBP1 million or USD1.6 million from seed investors Rupert Hambro of JO Hambro and serial entrepreneur Dominic Perks.
Agarwal disappointed about his USD8 billion investment in aluminum
In an interview with Bloomberg TV India, billionaire Anil Agarwal expressed his disappointment about the outcome of his INR500 billion or USD8 billion investment in his aluminum business, and even com
Sources say Gap Inc setting eyes on India through joint venture with Arvind Brands
The largest clothing retailer in the US is set to enter the Indian market through a joint venture with Arvind Brands, according to sources interviewed by The Economic Times.
Protea bets NGN11.13 billion in Nigeria's hospitality industry
Protea Group has invested NGN11.13 billion (over USD70 million) for the development of more hotel brands in Nigeria, according to the group's chief executive officer.
Canadian government talks with Northleaf Capital, HarbourVest for venture capital investment- report
A report from The Wall Street Journal said the government of Canada is in discussions with Northleaf Capital Partners and HarbourVest Partners to manage a portion of the funds it has set aside for ven
Africa brought in over $2B in closed private equity funds -report
Africa-focused private equity (PE) fundraisers have secured more than USD2 billion from January to September, according to Private Equity Africa, a publication for fund managers and investors.
Home cloud project ArkOS beats USD45,000 funding goal
Jacob Cook's private cloud project ArkOS has beaten its funding goal of USD45,000 with a total pledge of USD45,189 from 859 backers with less than a week remaining in a self-hosted crowdfunding campai
EBRD to bet EUR20 million in Baltic private equity
The European Bank for Reconstruction and Development latest EUR20 million capital infusion into the Baltic region through BaltCap Private Equity Fund II, L.P. aimed to help small and medium-sized busi
Bitcoin ATM in Canada transacts over C$1M in less than 30 days
The accessibility of purchasing and selling Bitcoins via ATMs were popular, that a Robocoin Bitcoin ATM stationed in Vancouver, Canada raked in over 1,500 transactions at more than CAD1 million in 29
Norway's USD800 billion wealth fund should invest in private equity and infrastructure - central bank governor
As the new administration under Prime Minister Erna Solberg reviews the current investment mandate of its USD800 billion wealth fund, top officials like Norway central bank Governor Oeystein Olsen wer
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