Shortlist announced for The Tech Capital Global Awards 2023
London, UK, Apr. 18, 2023 – The Tech Capital, a digital media, reports, and events platform providing valuable daily content and data covering investment and...
Convergence Partners has announced the acquisition of a strategic stake in 42Markets Group, an incubator, investor and builder of specialist businesses in the financial and capital markets sector. The introduction of Convergence Partners as new investors will enable the 42Markets Group to accele...
April 25
Specialised cloud provider CoreWeave has secured US$221 million in Series B funding. The round was led by Magnetar Capital, an alternative asset manager, with contributions from NVIDIA, and rounded out by Nat Friedman and Daniel Gross. The raise brings the company’s valuation to US$2 billion, according to TechCrunch, and the total raised so far to US$371 million. Th...
April 24
Asian bank UOB said it will invest more than S$500 million (~US$375 million) to build its new global technology and innovation centre in JTC’s Punggol Digital District (PDD), Singapore. With this investment, UOB becomes the first local bank to establish its presence in Singapore’s first smart and sustainable business district, and is the largest commercial investor in P...
April 20
Frankfurt-headquartered Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) has implemented a capital increase excluding subscription rights with gross proceeds of €32.27 million (US$35.26 million). These new proceeds, plus potential long-term debt facilities for which Northern Data is in discussions, are to be mainly used for the purchase of ASIC servers for BTC mining and...
April 18
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers