News - Page 503

TLDR: LG Electronics has spun off five in-house venture firms to strengthen South Korea’s startup ecosystem. The spin-offs include X-UP, Shinsun Go, Found Objet, Qcumber, and Masket. LG Electronics Inc. announced the

TLDR: – South Korean metaverse startup is up for sale with backing from Hanwha and Shinsegae – The company is expected to attract interest from large tech firms and investors in the

TLDR: Trinity Church Wall Street is focusing on ‘inefficient spaces’ in the APAC region for its private equity investments. The oldest landlord in New York is seeking managers on an upwards trajectory

TLDR: Alteria Capital has closed its third fund at USD 195 million. The fund consists of a venture debt scheme and a shorter duration scheme to address the capital needs of startups.

TLDR: Whiterock introduces a £75M growth capital investment fund in Northern Ireland. The fund will focus on investing in companies with clear sales growth potential in various sectors. Article Summary: Whiterock, a

Article Summary TLDR: Emad Mostaque founded Stability AI and led the company to a $1 billion valuation. Relationship between Mostaque and top investors Coatue and Lightspeed turned sour, leading to Mostaque’s resignation.

TLDR: Alteria Capital has closed its third fund at $195 million, aiming to back startups in the consumer and fintech sectors with venture debt funding. The fund has already deployed 50% of

TLDR: Cauldron, an Australian fermentation technology startup, raised $6.25 million in Series A funding Acre Venture Partners, a California-based VC firm, raised $140 million to invest in agrifoodtech startups In the latest

TLDR: NewRetirement, a financial planning platform, raised $20M in Series A funding. The funding will be used to expand enterprise offerings and enhance user experience. NewRetirement, a San Francisco-based digital-first financial planning

TLDR: Denver set aside 1% of marijuana tax revenue to support minority and women-owned businesses. DEMI Fund, managing the tax dollars, sued Denver for not forwarding funds as contracted. In the wake