Subscribe

BAI Capital

BAI Capital raises $700 million to invest in Chinese tech startups

BAI Capital raises $700 million to invest in Chinese tech startups

BAI Capital (formerly Bertelsmann Asia Investment), an investment firm focusing on China has raised $700 million to invest in impact-making tech startups in China. * The firm will invest in retail tech, fintech, content, media, web3, metaverse, and local startups providing solutions in the renewable energy, self-driving, and software-led industrial space.

Mexican fintech Stori raises $150 million, becomes a unicorn

Mexican fintech Stori raises $150 million, becomes a unicorn

Stori, a fintech startup offering credit cards to underserved communities in Mexico has raised $150 million in its Series C-2 funding round, in a mixture of equity and debt financing at a $1.2 billion valuation. * The fund will be invested in expanding its employee base and spreading its operations