Geothermal Energy Firm Eavor Banks $40M From Temasek, And Others Geothermal tech firm Eavor Technologies announced it has raised US$40 million in a new financing round from BP Ventures, Chevron Technology Ventures, Temasek, BDC Capital, Eversource Retirement Plan Master Trust, and Vickers Venture Partners.
Aspect Biosystems, a Canadian biotech startup co-founded and led by an Egyptian entrepreneur, raises $20 million Series A Endure Capital, the regional VC that has offices in Cairo and Palo Alto, that was one of the early backers of Careem, had participated in Aspect Biosystems’ previous funding rounds in 2016 and 2017.
Canada’s Manulife picks up 49% stake in Mahindra’s asset management arm Canadian financial services group Manulife has agreed to take a 49% stake in the asset management arm of Mahindra & Mahindra Financial Services Ltd for $35 million (Rs 243.4 crore). Canadian financial services group Manulife has agreed to take a 49% stake in the asset management arm of Mahindra & Mahindra Financial Services Ltd for $35 million (Rs 243.4 crore).
Huobi Group Launches Huobi Cloud May Support Legal Currency Transactions According to the official news of Huobi, Huobi Group has announced a partnership with companies in the Philippines, Indonesia, Russia and Canada, and will begin to use Huobi Cloud to handle over-the-counter transactions and cryptocurrency transactions.