invests

The U.S International Development Finance Corporation (DFC) has made equity investment to the tune of $25 million in a new fund by Pan-African venture capital firm Novastar Ventures, to back founders building agriculture and climate solutions. The DFC revealed details of the transaction, and Novastar’s new investment vehicle, the Africa People + Planet Fund, during

March 8, 2023  •  3 min read  •  By Michael Bürgi Ivy Liu Independent agency Tombras is looking to box in a higher weight class, and is bulking up with a technology investment in the millions of dollars, according to Dooley Tombras, the agency’s president. The ultimate goal is to not only have technological independence and flexibility

Binance, the world’s largest cryptocurrency exchange, has injected capital into distressed South Korean crypto exchange, GOPAX, two years after it shut down its affiliate in the country due to low patronage. Bloomberg reports that the crypto exchange purchased a majority stake in GOPAX. Earlier in the month, Finance Magnates reported that Binance was making plans

Cream ‘o’ the crop, rise to the top, yeeeah!.. Skybound Entertainment has made a committed financial investment in indie studio MegaCat Studios, the developer working on fun-looking, ring-rocking RPG WrestleQuest. As reported by GamesIndustry.biz, Skybound Entertainment has not released a figure for its investment, but the site’s sources believe it to be in the “multi-million”

A typical Forta Pro residential development in LatviaSamsung C&T is a US$10bn (£8.3bn) contractor active in residential, commercial and industrial buildings and infrastructure and power plant construction. Its projects have included the Burj Khalifa in Dubai, the Petronas Towers in Malaysia and the Mersey Gateway in the UK. Samsung’s Latvian partner is Forta Pro which