SK Hynix to Invest $75 Billion in Chips
SK Hynix Inc., the semiconductor unit of South Korea’s SK Group, intends to invest 103 trillion won ($74.8 billion) in the chip area by 2028.
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Samsara Eco Raises $65M Funding Round to Expand Its Plastic-Eating Enzymes
Samsara Eco proprietary technology uses enzymes to disaggregate plastic waste into raw materials, which can eventually be transformed into the foundation for new products.
Innotron to Invest $2.4 Billion in New Chip Plant
The controlling company of the largest Chinese chip manufacturer ChangXin Memory Technologies (CXMT) Inc. invests at least 17.1 billion yuan ($2.4 billion) in an advanced packaging plant in Shanghai that can be used to make AI memory.
SoftBank to Invest in AI Startup Perplexity
Vision Fund 2, part of the ownership structure of SoftBank Group Corp., invests in the startup Perplexity, which operates in the artificial intelligence industry.
Security Company iVerify Raises $12 Million
Security company iVerify raised $12 million for its endpoint detection and response (EDR) solution.
South Korea Kicks Off $19 Billion of Chip Loans
South Korea will start providing financial aid to chip manufacturers in July.
SaaS Company Payabli Raises $20 Million
Payabli, which specializes in developing a payment infrastructure solution, was able to raise $20 million in investment funds as part of a Series A financing round.
Verituity Raises $18.8 Million
Verituity raised $18.8 million to support the growth of its B2B and B2C verified payments platform.
Quant Mutual Fund Faces SEBI Front-Running Probe
India’s first dedicated, direct-to-investor mutual fund, Quant Mutual Fund, is being investigated by the Securities and Exchange Board of India (SEBI) over alleged front-running practices.
Indian Startup Zepto Targets IPO
The Indian startup Zepto, which specializes in carrying out activities to provide grocery delivery services to consumers, is currently preparing to go public.
Fintech Company Pine Labs Reportedly Weighs $1 Billion IPO in India
Pine Labs Pvt, the Asian digital payment provider backed by Peak XV Partners and Mastercard Inc., is currently considering raising about $1 billion in investment funds during an initial public offering (IPO) of shares in India.
Key Factors to Consider When Investing in a Chromatography System
Investing in a chromatography system is a decision that requires careful consideration. With the market offering several options, choosing the system can be overwhelming.
AI Video Startup HeyGen Raises $60 Million
HeyGen, a startup operating in the artificial intelligence industry, received investment funds for $60 million following the results of the financing round that values the firm at $500 million.
VC Breega Hits First Close of $75 Million Africa Fund
The Paris-based venture capital firm Breega is setting up a $75 billion fund to invest in early-stage startups in Africa.
Amazon to Invest Another €10 Billion in Germany
Amazon has announced its intention to invest an additional 10 billion euros ($10.7 billion) in its cloud infrastructure and logistics network in Germany.
Mexican Fintech Platform Clip Raises $100 Million
The Mexican digital payments and e-commerce platform Clip has announced that it has raised $100 million in financing.
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