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Founder of Chinese Car Maker Geely Launches Smartphone Venture | Technology News
By Josh Horwitz and Brenda Goh SHANGHAI (Reuters) – A new venture from the founder of Chinese automaker Zhejiang Geely Holding will aim to release its first smartphone by 2023 and sell 3 million units in its first year, according to a memo seen by…
Mercedes-Benz joins European EV battery joint venture
Mercedes-Benz is teaming up with Stellantis and TotalEnergies in a European electric vehicle battery joint venture ByThe Associated Press September 24, 2021, 6:39 PM • 1 min read Share to FacebookShare to TwitterEmail this article Luxury automaker…
Colorado Springs venture firm adds $21 million for early startups | Business
A Colorado Springs venture capital firm has raised $21 million to fund Colorado startups at the earliest stages and get them ready for traditional venture investments. FirstMile Ventures, headed by local entrepreneur Bill Miller and Denver-based partner…
VC Daily: Venture Firm 500 Startups Rebrands, Closes Its Largest Fund
Good day. Nostalgics may be disappointed that prominent San Francisco-based venture firm 500 Startups is changing its name to 500 Global. But what is even more striking is that a firm that made investing in companies in their infancy its trademark is now…
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Arm Accuses China Venture Ex-CEO of Blocking its Business
(Bloomberg) — Arm Ltd., the chip designer owned by SoftBank Group Corp., accused the ousted head of its China joint venture of hurting its business there, escalating a dispute that’s becoming a test of Beijing’s willingness to protect foreign…
Commodities Trader Turns Utility in Green Energy Venture
(Bloomberg) — Hartree Partners LP, the commodities firm formed by a pair of Goldman Sachs Group Inc. traders, is starting a new unit that will build renewable energy plants to supply customers with emissions-free electricity. Companies from…