SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United States amid coast-to-coast protests over police brutality. In a widely-reported letter to employees, Marcelo Claure,...
To help families particularly impacted by the novel coronavirus, The Kroger Co. Zero Hunger | Zero Waste Foundation said it has created the Emergency COVID-19 Response Fund. Kroger and the foundation seek to direct $10 million in national, state and local grants to pandemic response efforts...
To provide firms impacted by the coronavirus pandemic with financing, General Atlantic has joined forces with Tripp Smith. The private equity firm is creating a joint venture with Iron Park Capital Partners LP, Smith’s credit-focused company, The Wall Street Journal reported, citing unnamed sources. The venture, which is known...
Executives at delivery FinTech Gojek have pledged to give 25 percent of their salaries over the next year to merchants, drivers and partners as their income has been reduced from the coronavirus pandemic, according to a report by Bloomberg. The company is also shifting planned...
June 05, 2020
Looking for a way to protect technology companies from becoming prey to foreign buyers, France has created a fund to bail out startups. Bloomberg News reported that the French Ministry for the Economy and Finance allocated 150 million euro ($170 million) through its government-backed lender, Bpifrance Financement SA, to invest in French companies if they are […]
June 03, 2020
SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United...
April 20, 2020
To help families particularly impacted by the novel coronavirus, The Kroger Co. Zero Hunger | Zero Waste Foundation said it has created the Emergency COVID-19 Response Fund. Kroger and the foundation...
April 14, 2020
To provide firms impacted by the coronavirus pandemic with financing, General Atlantic has joined forces with Tripp Smith. The private equity firm is creating a joint venture with Iron Park Capital Partners...
