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The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure, and Norrsken VC. Autonomous and electric truck company Einride raises $500M in equity and debt by Paul Sawers originally published on TechCrunch.
The startup — based in Luxembourg (with offices in Madrid, London, Shanghai and Taipei) — is describing this funding injection as a seed round, but in fact the majority of it is coming in the form of debt to acquire companies. Thrasio raises $100M for its Amazon roll-up play, appoints retail CFO for its next steps.
I just had the thrill of spending an hour with Janet Gornick, the Director of LIS, an international data archive that is located in Luxembourg. LIS is the institute that created and manages this giant database, which is called the Luxembourg Income Study (LIS) Database. family structure?
In order to structure a strong European ecosystem, financing is key. With this new mechanism, fund managers should be able to raise a new fund more easily. And he strongly believes that the ability to raise large growth rounds in Europe will lead to large tech companies down the road. Let’s start with late-stage funding.
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