By Olga Kharif
In the first quarter of 2018, the U.S. hosted 22 completed token sales — about a fifth of the 113 sales globally during the period.
The Public Investment Fund would join the Qatar Investment Authority and Abu Dhabi’s Mubadala Investment Co. in opening in Silicon Valley as they build up technology holdings.
Hong Kong-based investment firm Composite Capital also joined the round, which values the startup at $1 billion.
Australian sovereign fund Future Fund said its 10-year return as of 2018 has been strongly driven by the increasing exposure to private equity investments.
It would be a major boost for the Plymouth, Michigan-based startup, which aspires to be the first carmaker to the U.S. consumer market with an electric pickup.
Investcorp Bank BSC plans to provide structured lending to developers faced with borrowing constraints.
Dynamic Map Platform would acquire U.S. map startup Ushr as it seeks a stronger position to challenge Alphabet Inc’s Google and Chinese rivals.
Investors are betting that growing demand for live sports — along with lacrosse’s fervent and well-heeled fan base — can help sustain a new league.
The funding round, which saw SoftBank contributing 4.5 billion won ($4 million), is the first raised by the South Korean startup.
Trunk received seed funding from Australian accelerator Startmate in early 2018, while InVision is backed by Goldman Sachs and Tiger Global Management.