investments

Cannabis company Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) recently raised some CA$35.1 million (US$27.8 million) through a brokered private placement. The Oakland, California-based company closed its previously announced upsized brokered private placement of its units at CA$2.55 per SVS Unit,...

The financial technology company AeroPay has finalized a seed-funding round. The exact amount it raised was not disclosed. Continental Investors led the effort. The Chicago-based firm's portfolio includes e-commerce marketplace Drizly, publicly-traded financial technology company...

This article was originally published on Hoban Law Group, and appears here with permission. It’s now August 2020, and I believe most of us thought we’d be over the hump with the COVID-19 pandemic.  Well, it certainly appears that the virus will remain a challenge for many months to...

Indian behemoth Reliance Industries Ltd.'s digital arm Jio Platforms has raised $750 million from Abu Dhabi's sovereign wealth fund, it announced Sunday. What Happened The investment will give Abu Dhabi Investment Authority a 1.16% stake in Jio, the latter said. Morgan Stanely (NYSE: MS)...

Anvil, a Silicon Valley startup working to simplify paperwork processing for businesses, has raised $5 million in seed funding, TechCrunch reported Wednesday. What Happened Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL) subsidiary Google's artificial intelligence investment arm Gradient Ventures...

Facebook Inc. (NASDAQ: FB) and PayPal Holdings Inc. (NASDAQ: PYPL) have invested in Indonesian ride-hailing giant GoJek, TechCrunch reported Tuesday. What Happened The two companies didn't disclose the amount they invested or the stake they have acquired in GoJek as a result. GoJek told...

Three Republican lawmakers in the House of Representatives are planning to unveil new legislation aimed at curbing United States investment into Chinese military-linked defense companies later this week, Reuters reported Monday. What Happened The bill, prepared by Wisconsin Representative Mike...

Venture Capital firm Andreessen Horowitz announced that it was creating a second fund dedicated to cryptocurrency investments. What Happened General Partners Chris Dixon and Katie Haun, in a joint statement, said that the firm, better known as "a16z," will focus on next-generation...

Starbucks Corporation (NASDAQ: SBUX) on Sunday announced it had partnered with Sequoia Capital's China arm to make strategic co-investments in the country. What Happened The partnership will give Starbucks a footing in China's "growing technology landscape," and help forge...

The U.S. Securities and Exchange Commission on Wednesday proposed to alter the requirements for an "accredited investor" to include qualifications beyond individual net worth or annual income. The regulations require an individual to be an accredited investor before they can invest...

Europe has an interesting mix of responses to Blockchain Technology; ranging from cautious optimism, outright distrust, to arrogant/ignorant indifference. France however is starting to position itself as a major stakeholder in the fast-growing blockchain scene of Europe. France is historically...

Saudi energy minister Khalid al-Falih announced on January 26 that the country is raising $427 billion in private sector investments, which will include roughly $36 billion for logistics infrastructure according to Reuters. The investment will be used to develop Saudi Arabia into a gateway for the...

Financial research platform Sentieo combines both traditional and alternative data sets to appeal to an array of users. The platform increases efficiency for asset managers, investment banks and corporations, according to the company. What Happened Sentieo announced this week it closed a $19-...

After "warming-up" to T. Rowe Price Group Inc (NASDAQ: TROW) over the past year, Credit Suisse is "finally pulling the trigger" on the stock. The Analyst Credit Suisse's Craig Siegenthaler upgraded T. Rowe Price from Neutral to Outperform with a price target lifted...

Can you successfully retire on $1 million? That question has been picked up by the blogosphere recently, following a recent USA Today report that suggests $1 million still may not be enough to see most retirees through their “golden years.” The report by Rodney Brooks points to several factors...