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PWI Daily January 11, 2022

January 11. 2022 Il Makiage, a cosmetics company, backed by L Catterton, has secured $130 million in the capital at a $1.5 billion value. Franklin Templeton, Fidelity Investments, Thomas Tull, a tech angel investor, and venture capital company First Light Capital Group led the investment. Sequoia Capital and Paradigm Capital have made a $1.15 billion minority investment in Citadel Securities, a significant global market maker. The investment round was led by Sequoia, Sequoia Capital Global Equities, Sequoia Heritage, and the Global ...

PWI Daily January 10, 2022

January 11. 2022 In addition to its WilliamsMarston portfolio business, Align Capital Partners has announced the acquisition of Bay Valuation Advisors, an accounting, tax, and valuation firm situated in Oakland, California. Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN) subsidiary Biohaven Therapeutics Ltd., and CD3 and LICR at KU Leuven signed an exclusive global license and research agreement to develop and bring the first in class TRPM3 antagonists to market for the treatment of chronic pain disorders. The ...

PWI Daily January 7, 2022

January 07. 2022 · AstraZeneca PLC and Neurimmune have signed an exclusive global cooperation and licensing agreement to develop and market NI006, a treatment for transthyretin amyloid cardiomyopathy. · ICU Medical added Smiths Medical's syringe and ambulatory infusion devices, vascular access, and critical care products to its portfolio, transforming it into a leading infusion therapy company with a greater global footprint. The combining organizations establish a substantial infusion treatment corporation with pro forma combined sales of nearly $2...

PWI Daily January 6, 2022

January 06. 2022 · Palantir Technologies Inc. plans to expand into South Korea as part of a joint venture with Hyundai Heavy Industries Group 329180 to establish a bid data platform for Hyundai's shipbuilding and offshore engineering businesses. · Korro Bio, Inc., an RNA editing company engaged in discovering and developing innovative genetic treatments, raised $116 million in a Series B investment round. The financing was led by Fidelity Management & Research Company LLC, Eventide Asset Management, Atlas Venture, Invus, Point72, Monashee Invest...

Indian Investment Landscape

Indian Investment Landscape

MarketCurrents welcomed Bharat Bhise of Bravia Capital in New York as well as Nitai Utkarsh of HeroMoto Corp’s family office based out of Delhi. Sumehr Sondhi moderated this panel on The Indian Investment Landscape.

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PWI Daily January 4, 2022

January 04. 2022 · With the advent of the Cheetah, a 48-amp charger, JuiceBar, a Connecticut-based commercial EV charger manufacturer, has entered the home charging market. The Cheetah is one of the fastest chargers available, measuring the rate at which a car charges in amps. · As the world's leading data center operators scramble to purchase and construct capacity in Africa, Digital Realty has completed the largest acquisition yet, acquiring control of Teraco Data Environments for $3.5 billion. The Teraco purchase shows that the data center indust...

PWI Daily January 3, 2022

January 03. 2022 · Bondex announced the release of their Web 3 recruiting tool, which is based on the Solana blockchain. Bondex network users will have access to a digital cross-chain wallet. This gives every user a cash-to-bitcoin entry and exit point, enhancing the liquidity and profitability of their holdings. · Motif FoodWorks, a Boston-based food technology business to improve the flavor and nutrition of organic foods, announced the release of HEMAMI, its first food technology. The meat-alternative food product was also certified as Generally R...

Why Luxury Fashion Businesses Are Still Viable Assets

December 15. 2021 Demographic change is an issue that the luxury goods market grapples with every decade or so. There is always the fear that the upcoming generation might upend the status quo and hurt some businesses. As Gen X and boomers prepare to exit the stage into retirement and old age, the time has come for millennials and Gen Z to dominate the luxury fashion market. In a sense, the prospect of transition across generations generates anxiety in the market, especially when it is a huge jump. For luxury fashion businesses, taking the dig...