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Aston Martin Strikes Battery Deal with EV Startup Lucid

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. The deal supplants an agreement Aston Martin struck with Mercedes three years ago, and shows how even legacy automakers are getting creative in the face of an ever-turbulent EV market.

Startups 246
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European Startup Funding Weakens as Investors Favor Bonds

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. VC deal activity was responsible for more than $100 billion in investments in both 2021 and 2022. It's completely free and we guarantee you'll learn something new every day. Instead, many investors kicked off a bond-buying frenzy.

Startups 244
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Quadrant Private Equity acquires $500m worth of Shares in Canva

Private Equity Insights

The deal comes after $2.4 Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up It’s a record single investment for Quadrant, which previously specialised in buy outs, having previously spent $410 million in May 2015 to acquire Queensland’s VIP Pet Foods. That represents about 1.2%

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Startup Accelerator Y Combinator Bets Big on AI

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. There's no 'A' or 'I' in hype. In the winter cohort earlier this year, just 59 firms identified as AI-driven, and last summer's class included just 22 AI firms.

Startups 130
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SK eyes $1bn gains from China copper foil firm exit

Private Equity Insights

has embarked on the process to sell its 30% stake in Londian Wason Energy Tech, the owner of the world’s largest copper foil maker, in a deal expected to generate around 1 trillion won ($760m) in capital gains, according to people familiar with the matter on Thursday. China’s D&R Group is the largest shareholder. The country’s No.

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SuperAngel.Fund x Q4 2023 Recap ?

SuperAngel.Fund

As always, I am excited to share the quarterly recap for SuperAngel.Fund. During the quarter we made 13 investments with a median check size of $25k and post-money valuation of $16m. Our investments were spread across Consumer (8), eCommerce SaaS (4), and Future of Work (1). across 159 investments into 107 companies. which represents a 11.8%

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After a Strong Earnings Report, Is Meta Stock Headed Back Toward a Trillion Valuation?

The Motley Fool

This deal would net Thiel billions of dollars and cement him as one of Silicon Valley's most legendary personalities. This deal would net Thiel billions of dollars and cement him as one of Silicon Valley's most legendary personalities. What initially looked like an exciting new frontier for the company quickly went sideways.