JAPANET EXPANDS VC FUND ON AI INVESTMENT WINS
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Japanese home shopping company Japanet Holdings is expanding its venture capital fund alongside San Jose-based Pegasus Tech Ventures, capitalizing on successful early investments in AI and space startups.
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IQM, a Finnish quantum computing company, went public Thursday via SPAC merger at a $1.9 billion valuation. The stock closed up 2% on its first day of trading.
India's emerging private space industry is showing early signs of success as it attempts to build a competitive commercial launch capability. The sector is attracting investment and talent as companies work to reduce launch costs.
Lucid Motors removed its Chief Financial Officer as new CEO continues executive restructuring. The automaker announced multiple leadership changes as Gravity SUV sales underperform expectations.
Jack Selby, an investor at Thiel Capital, is leveraging Arizona connections to secure stakes in emerging startups including AI chip company Etched. His firm, Copper Sky Capital, is raising a $300 million second fund.