Cathay Innovation’s first investment in Germany is healthcare startup Medwing

Medwing, a German startup with an ambition to tackle Europe’s shortage of healthcare workers, said on Tuesday that it has secured €28 million ($30 million) in a Series B financing round. Global venture capital firm Cathay Innovation led the round, marking its first investment in a German company. Other participating investors include Northzone, Cherry Ventures […]

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Chime CEO Chris Britt on teaming up with NBA’s Dallas Mavericks

Chime CEO and co-founder Chris Britt joins CNBC’s “Power Lunch” team to discuss the online banking company, the financial sector and his outlook for the company and the industry. Also, the Dallas Mavericks secured a jersey patch sponsorship with Chime for roughly 3 years. NBA jersey patch sponsorships can currently earn up to $20 million […]

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MIGO ANNOUNCES $20 MILLION IN SERIES B FUNDING, EXPANDS TO BRAZIL

In a bid to boost its economy, Zambia legalized the production and exportation of cannabis on Monday which will serve only economic and medicinal purposes. The Minister of Information and Broadcasting Services, Dora Siliya who also doubles as the government’s chief spokesperson revealed that the approval for the export of cannabis was granted at a […]

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