Wednesday, July 17, 2024

Tekion Corp raises $200 million in funding at valuation of over $4 billion

Tekion Corp raised $200 million from Dragoneer at a $4 billion valuation. The firm has raised $640 million till date from the likes of General Motors, BMW I Ventures, Exor, Hyundai and Airbus Ventures, among others.

from Tech-Economic Times https://ift.tt/TIcRY1H

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...