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Tag: Funding

China to invest in Brazil-led global forest fund, signalling shift in climate finance

China may invest in Brazil's global forest fund, signalling a shift in climate finance and broader support from emerging economies.

Mainland investment boom lifts Hong Kong’s market

Chinese firms turn to Hong Kong listings after mainland investors spend US$93B on stocks, eyeing global growth and fresh funding sources.

Hong Kong opens skies to larger drones in bid to grow low-altitude economy

Hong Kong will allow the testing of larger drones to boost its low-altitude economy and improve logistics, following mainland China's lead.

Meta partners with XGS Energy to develop a 150 MW geothermal plant in New Mexico

Meta joins XGS Energy to develop a 150 MW geothermal plant in New Mexico, boosting clean energy for data centres.

Coco Robotics secures US$80 million to expand delivery robot services

Coco Robotics raises US$80M to expand its eco-friendly delivery robots. It is backed by Sam Altman and partnered with OpenAI for real-world AI training.

Meta in talks to invest over US$10 billion in Scale AI

Meta may invest over US$10B in Scale AI, marking one of the biggest private AI funding deals and Meta’s largest external AI investment ever.

Atome secures US$75 million funding to boost financial inclusion in the Philippines

Atome secures US$75 million from Lending Ark to expand responsible digital credit access in the Philippines.

Google backs fusion energy again with US$150 million for TAE Technologies

TAE Technologies raises US$150 million from Google and others to push fusion energy closer to commercial use by the early 2030s.

Grammarly gets a US$1 billion boost without giving up ownership

Grammarly raises US$1B in nondilutive funding from General Catalyst, keeping control while boosting growth and AI productivity efforts.

Myriota strengthens Southeast Asia satellite IoT expansion with AUD $25 million funding

Myriota unveils new satellite IoT platforms and secures AUD $25M to drive Southeast Asia expansion and address remote connectivity challenges.

GridCARE launches to solve AI’s growing power challenge

GridCARE secures US$13.5M to speed up AI data centre power access by unlocking hidden grid capacity using AI-based tools.

Airwallex raises US$300 million to push forward global banking expansion

Airwallex raises US$300 million at a US$6.2 billion valuation to scale global banking and fintech solutions.