Douglas Busvine
Stories by Douglas Busvine
German-Chinese startup Agile Robots raises $220m led by SoftBank Vision Fund 2
The investment round valued Agile Robots at over $1 billion.
German freight tech startup Forto raises $240m led by SoftBank
The deal values the five-year-old Berlin firm at $1.2 billion.
Japanese chipmaker Renesas agrees to buy UK-based Dialog for $5.9b
Deal could value the Apple Inc supplier at around $6b.
DiDi-backed Estonian ride-sharing startup Bolt raises $182m from investors
Bolt, previously known as Taxify, competes with Uber in ride-hailing.
German travel booking app Omio raises $100m from Temasek, others
Sweden's Kinnevik, Goldman Sachs, NEA and Kleiner Perkins joined the round.
Soundcloud founders launch Berlin-based e-bike subscription startup
The pandemic has hastened a shift to getting around cities on two wheels instead of by car or public transport.
Payments company Wirecard files for insolvency, owes $4 billion to creditors
Wirecard’s implosion came just seven days after EY, its auditor for more than a decade, refused to sign off on the 2019 accounts.
German air taxi startup Lilium raises $240m led by return backer Tencent
It completed the investment round at a higher valuation despite the coronavirus pandemic.
China’s Ant Financial acquires stake in Swedish fintech partner Klarna
The Swedish app is already embedded in AliExpress.
China’s CreditEase-backed insurtech firm Wefox gets $110m to drive growth
The follow-on Series B round was led by OMERS Ventures, Merian Chrysalis and Samsung Catalyst fund.
