Search result for venture
ExxonMobil has more ambitions. GBJV deactivation in Australia
ExxonMobil has filed plans to decommission its steel stacked jacket producing platforms, which cover about 10 fields, at its Gippsland Basin joint venture (GBJV), an offshore oil and gas production partnership, starting in 2027.
According to ExxonMobil's env...
Indorama - Capchem Research Battery Solvents
Indorama Ventures Public Company Limited (IVL) has entered into a non-binding agreement with Capchem Technology USA Inc. The agreement is intended to investigate the possibility of building and operating the plant at one of IVL's petrochemical facilities. The purpose of the agreement ...
Exceptional Ventures' Health Fund
As a result of the fact that the aftermath of the pandemic is anticipated to persist for a significant amount of time, venture capitalists that concentrate their efforts on health, welfare, and general "pleasure" may experience a rise in their fortune. In recent years, venture capital f...
Panthera Growth Gives Innoviti $45 Million
In this regard, the resources would be put to use in the development of solutions that are constructed on top of the already existing payment systems, the improvement of product allocation, and the creation of strategic purchases in the realms of advertising technology and information fields of s...
A joint venture gives the green light to a long-delayed gas project
SHELL and its joint-venture partner SGH Energy have approved the development of the Crux natural gas project off the coast of Western Australia with a final investment decision (FID).
It was rumoured two years ago that the project's FID will be postponed. This came after Shell postp...
ADNOC and Borealis will sell a 10% stake in their joint venture polymer giant Borouge to the public
On Wednesday, Abu Dhabi National Oil Company (ADNOC) and its long-time partner Borealis AG announced their plan to list 10% of Borouge plc, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX) in an initial public offering (IPO).
Subject to regulatory approvals...
Global Venture Capital Investment Market is Experiencing Tremendous Growth
There was a time when every entrepreneur believed that more the amount of risk, more profit you earn. This term has now been replaced with something called as ‘calculated risk’, and this is exactly what every venture capital company thrives on. Either to bet on the safest horse or gam...
Ordinary Folk, a Singapore-based healthcare firm, has received $5 million in funding to combat stigma
Ordinary Folk, a Singapore-based telehealth firm focused on men's and women's health concerns, has received a $5 million pre-Series A investment from Monk's Hill Ventures. The funds will be utilised to hire new employees and grow in Hong Kong while remaining in Singapore.
Se...
Hospals Raises 3.5 million Dollars in Pre-series A round
Hospals is a cross-border platform that offers health benefits. The start-up announced that it had raised 3.5 million dollars in the Pre-Series A funding round from investments by 9Unicorns, Inflection Point Ventures, Wavemaker, Sanjeev Mishra, Kunal Shah, and Razorpay.
The amount raise...
PTT Announces Joint Venture for New Battery in Thailand
Thailand’s PTT and the Global Power Synergy Corporation have announced a joint venture to support the electric vehicles production plan of the PTT.
The Chief Executive Officer and the President of PTT, Auttapol Rerkpiboon, said that the Singaporean oil and gas company has created ...
EMBASSY GROUP SOLD WAREHOUSE BUSINESS
Highlights:
- Embassy Industrial park has been bought by Blackstone for about $700 million which is equivalent to Rs. 5,000 crore.
- The deal has given Blackstone a new opportunity in the warehouse industry.
- The deal indicates the end of the Em...
INDIAN OIL AND PHINERGY TO MANUFACTURE SPECIAL BATTERIES
HIGHLIGHTS
- Indian Oil and Phinergy have joined hands to manufacture special batteries in India.
- Ashok Leyland and Maruti Suzuki have signed letter of intent with new joint venture for using aluminium-air systems.
Indian Oil and Phine...
CAST.ERA TO LAUNCH NEXT-GENERATION BROADCAST SOLUTION
Highlights –
- Cast.era to launch next-generation broadcast solution.
- The media technology company is a joint venture between SK Telecom and Sinclair Broadcast Group Inc.
- Cast.era is said to have reportedly completed testing of the 5G-A...
CHINA’S ENERGY MONSTER STARTUP COMPANY ENTANGLED IN OWNERSHIP DISPUTE
Highlights –
- China’s Energy Monster startup company entangled in ownership dispute.
- The company is backed by Alibaba and SoftBank.
- The ownership dispite could cloud a Nasdaq flotation.
- Two Shanghai-based venture capit...
LG ELECTRONICS TO SPLIT EV COMPONENTS BUSINESS WITH MAGNA INTERNATIONAL
Highlights –
- LG Electronics to split EV components business with Magna International.
- LG Electronics plans to set up a joint venture with the Canadian auto parts maker to secure the business.
- LG Electronics shareholders passed the pro...
GEELY AUTOMOBILE HOLDINGS TO FORM JV WITH ZEEKR FOR ELECTRIC VEHICLES
Highlights –
- Geely Automobile Holdings to form JV with Zeekr for electric vehicles.
- Geely Automobile Holdings Ltd.'s profit fell 32% in 2020.
- Geely Automobile will invest 2 billion yuan jointly with parent Zhejiang Geely Holding G...
$200 MILLION RAISED BY NYDIG; OLD INVESTORS A PART OF THE ROUND
Highlights:
• NYDIG is a known name in Wall Street
• The firm has the backing of strong and established corporate houses.
PTT GROUP AND RENEW POWER DEAL CANCELLED
HIGHLIGHTS
- The deal between PTT Group and ReNew has been cancelled.
- Now PTT is considering to invest in renewable energy on many projects in the targeted countries including India.
- ReNew has acquired RMG Acquisition Corp.
...
VENTURE-CAPITAL FIRMS INVESTED $5.8 BILLION IN NEW YORK TECH STARTUPS
Highlights
• The startups that saw biggest sum of funding coming their ways were companies that are developing risk-management and security, artificial-intelligence and machine, along with human-resources technologies
• According to a reported made by enterprise-tech...
BRIGHTEYE VENTURES TO INVEST 54 MILLION DOLLARS TO SUPPORT EDTECH START-UPS IN EUROPE
Highlights:
- The company ‘Brighteye Ventures’ is going to announce the 54 million dollars first close of its second funs for proving supports to the edtech startup companies in Europe
- The second close of the fund of the Brighteye ventures i...