Bill Gates-backed Heliogen to go public through $2bn SPAC deal

Bill Gates-backed Heliogen to go public through $2bn SPAC deal

Bill Gates-backed solar power firm Heliogen Inc will merge with a special-purpose acquisition company (SPAC) to go public in a deal that values the combined entity at about $2bn, the companies said on Wednesday. The merger with Athena Technology Acquisition Corp, a...
SoftBank, Eldridge lead $235m funding in Israel’s AnyVision

SoftBank, Eldridge lead $235m funding in Israel’s AnyVision

AnyVision, an artificial intelligence-based facial recognition startup, said on Wednesday SoftBank Vision Fund 2 and Eldridge led its $235 million funding round, as AI surveillance finds more takers despite ethical concerns and debates around it. The proceeds from the...
UK Northern PE deals pass £10bn in first half of 2021

UK Northern PE deals pass £10bn in first half of 2021

Dealmakers in the North of England have remained active during the first half of 2021, with private equity houses completing a total of 30 deals worth £10.4bn. This is according to data from CMBOR, the Centre for Private Equity and MBO Research, which was...
BlackRock raises $250m for emerging markets-focused climate fund

BlackRock raises $250m for emerging markets-focused climate fund

BlackRock, the world’s biggest asset manager, said on Thursday it has raised over $250 million for its climate finance fund to invest in select countries in Asia, Latin America, and Africa. BlackRock’s Climate Finance Partnership (CFP) will focus on investing in areas...