FreeTech, a developer of assisted driving solutions, has raised nearly USD100m in Series B funding led by Chaos Investment.
Other investors include Hengxu Capital backed by SAIC Motor, BAIC Capital, TCL, Shaanxi Automobile Group, Sun Life-Everbright, and Aopeng Investment. The company closed a Series A of more than USD100m...
Monolith Management, an investment firm established by Xi Cao, formerly a partner at Sequoia Capital China, has set the hard cap at USD 250m for its debut China venture capital fund.
Adamantem Capital has acquired a majority stake in Retail Zoo, operator of Australia-headquartered food retail brands Boost Juice and Betty’s Burgers, from Bain Capital for an undisclosed sum.
The Carlyle Group has appointed Harvey M. Schwartz, formerly president and co-COO of Goldman Sachs, as its new CEO.
Crown Resorts represented a daunting target, given its size and pandemic and regulatory-related challenges. The Blackstone Group drew on its global know-how to make the USD 8.1bn deal work