The Hong Kong government’s HK$62 billion (US$8 billion) investment fund is teaming up with a medical group co-founded by the city’s former finance minister to bring innovations developed by start-ups into clinical use across the Greater Bay Area. Hong Kong Investment Corporation (HKIC) said on Wednesday that it would fund New Frontier Group as it … Read more
Aventum, the London-based international re/insurance group, is investing $12 million over two years to create an inhouse proprietary tech function across its global operations. The group now has 25% of its global workforce employed in tech and IT functions, including a ringfenced Innovation Lab dedicated to fail-fast innovation. The multi-million-dollar investment will see the development … Read more
A lift for the way forward for the black cab commerce as Geely introduced a recent funding of £120 million within the London Electrical Car Firm (LEVC), which underscores its dedication to the UK’s iconic black cab trade. This newest capital injection is not only a monetary increase; it’s hopefully a robust assertion of confidence … Read more
