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RARE PHOTOS: 6 | Rare Historical Photos

At least $2.1 billion in new funds pledged at COP28, as foundations focus on health and agriculture

With the United Nations climate talks wrapping up in Dubai, foundations and other funders pledged at least $2.1 billion in new financing to reduce climate impacts, especially from agriculture

The Independent UK

Fourteen Scottish firms chosen for major energy transition funding

FOURTEEN Scottish firms have been chosen for major energy transition funding.

The National (Scotland)

Fund manager founded by Sir Jacob Rees-Mogg to close after client withdraws £2b

Somerset Capital Management is in talks to transfer its key UK funds to another firm, but will wind down the wider business

The Independent UK

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IN-SPACe announces seed fund scheme for start-ups in urban development and disaster management sector

IN-SPACe Seed Fund Scheme offers start-ups opps to develop innovative space products/services, providing up to ₹1cr, mentorship, training & networking. For urban dev & disaster mgmt, start-ups can work in domains such as urban planning, monitoring, telecomm, navigation, water mgmt, energy efficiency, etc. #INSPACe #SeedFundScheme #UrbanDevelopment #DisasterManagement

The Hindu

Saudi wealth fund to buy 10% Heathrow stake for almost £1bn

The Saudi Public Investment Fund said it would “support the business as a long-term partner.”

Evening Standard

VC fund Molten Ventures to buy Forward Partners to create European startup funding 'leader'

The £41.4 million deal is a discount compared to Forward’s closing share price on Friday

Evening Standard

Karnataka government has outshone VC players in funding start-ups, says Minister Priyank Kharge

The State Government offered funding of around ₹200 crore to support 874 start-ups since the commencement of the Elevate Scheme, an initiative by the Department of Electronics, IT, BT and Science & Technology.

The Hindu

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Hammersmith and Fulham council wants to borrow millions from residents for 'green projects'

£5 million raised would go towards new cycle lanes and bike hangers

Evening Standard

£70m investment fund announced for small businesses in Northern Ireland

The fund will support businesses from all sectors and aims to target start-ups that may have struggled to access finance elsewhere.

The Independent UK

How to Invest in Companies Before They Go Public

Companies used to do an initial public offering (IPO) when they were much younger, giving investors a much better chance of higher returns. Today, that's where pre-IPO investing comes in.

Kiplinger

8 Reasons to Invest in a Local Student Business

The entrepreneurial landscape is witnessing a refreshing shift, with young minds stepping into the arena with vigor and innovative ideas. These student entrepreneurs, equipped with fresh perspectives and rooted in their local communities, are ...

USA Today Sports Media Group

Skyroot Aerospace raises ₹225 crore funding

Skyroot Aerospace raises US$27.5M in pre-Series C funding led by Temasek. Funds to be used to drive growth, increase launch frequency & capabilities, and attract top-tier talent. Funds bring total raised to US$95M, largest ever for Indian Space-tech startup

The Hindu

Big UK venture capital funds pledge to invest in high growth companies

Chancellor calls scheme involving 20 of UK’s largest funds a ‘huge win’ for the country

The Guardian - UK

Judge refuses to immediately block grant program for Black women entrepreneurs

A federal judge in Atlanta is allowing a venture capital firm to continue offering a grant program only to Black women entrepreneurs

The Independent UK

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The Hindu

Electric motorcycle startup Raptee raises $3 million in pre-series A round

Chennai-based EV Motorcycle Startup, Raptee, raised $3M in Pre-Series A led by Bluehill Capital. Funds to augment manufacturing, acquire machinery, tooling for soon-to-launch motorcycle & scale up team. Raptee, founded by four engineers, to debut first motorcycle in early 2024.

Chicago Sun-Times

Mayor’s team will scrap INVEST South/West name, but not its aims

Former Mayor Lori Lightfoot’s business development program on the South and West sides, under review, will be rebranded, a top Brandon Johnson aide said.

The Independent UK

A small venture capital player becomes a symbol in the fight over corporate diversity policies

A venture capital firm that has backed buzzy new companies has become symbolic of the fight over corporate diversity policies

The Hindu

Tamil Nadu to set up ₹100 crore co-creation fund to kick-start innovative industries

The government of Tamil Nadu will set up a ₹100 crore ‘Co-creation Fund’, a unique model designed to participate in private sector venture capital (VC) funds.

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AAP

Scrutiny adds to headwinds for sustainable investment

Sustainability considerations are being hardwired into financial market law and Australian fund managers will need to lift their game, an expert report finds.

The Hindu

Congress prods SEBI to act against Adani firms, demands probe by JPC

Congress questions SEBI inaction on money laundering allegations against "Adani-linked entities". Jairam Ramesh doubts SEBI credibility, cites Mauritius regulator revoking two entities' licences. Raises doubts over Adani investments, calls for JPC probe in special Parliamentary session.

RideApart

Mips Invests $7.3 Million In Up And Coming Helmet Tech Company Quin Design

Mips has invested a sizable $7.3 million in helmet tech company Quin Design, with hopes of developing the brand’s technology alongside its proprietary safety tech.

Chicago Sun-Times

Lawsuit against venture capital for women of color is just a way to keep systemic racism in place

Edward Blum, who was behind the case that ended affirmative action in college admissions, has filed a lawsuit against the Fearless Fund, launched by two Black women entrepreneurs.

The Independent UK

Investment summit crucial for tapping into NI’s global potential – Badenoch

Around 200 investors will gather at the event in Belfast.

Evening Standard

Time to unleash British Business

City Voices: Growth companies need more support

The National (Scotland)

Scotland's only gold mine at risk of falling into administration

THERE are warnings that the company operating Scotland’s only gold mine could fall into administration in the next weeks.

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People

Nasser Ali Shaban Ahli

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Hammersmith and Fulham Council

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