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Chinese auto giant Geely’s EV brand raises $750 million in $13 billion valuation

Chinese auto giant Geely’s EV brand raises $750 million in $13 billion valuation

Share to FacebookShare to TwitterShare to LinkedinZeekr’s flagship model, the Zeekr 001, on display in Shanghai, China. Qilai Shen/Bloomberg Zeekr, an electric vehicle brand of Chinese billionaire Li Shufu’s Geely Holding Group, announced on Monday it raised $750 million from investors including Chinese billionaire Robin Zeng’s Contemporary Amperex Technology (CATL), the world’s largest EV battery…

Akamai reaches for the cloud

Akamai reaches for the cloud

A year ago, Akamai acquired Linode for $900 million. At the time, Akamai said it wanted to combine Linode with its edge platform and security services. Unsurprisingly, that’s exactly what it is doing now, with the launch of its new Akamai Connected Cloud — a massively distributed edge and cloud platform that includes Linode’s existing…

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA

Aspire, the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. Investors included Lightspeed and Sequoia Capital SEA, along with Paypal, Tencent, LGT Capital Partners and returning investors.  TechCrunch last covered Aspire when it raised its Series B in 2021. Founded in 2018…

AI comes to expense reports

AI comes to expense reports

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week.…