FINANCE

Volvo Group Venture Capital invests in US-based Autotech Ventures
Autotech Ventures manages over $200 million of capital and focuses on the $3 trillion ground transportation sector.
The used equipment market remains vibrant and resilient to economic slowdown
Oct 06, 2019
Contrary to the global slowdown in sales of new equipment, the used equipment market remains vibrant with the emergence of multichannel trading platforms that enable sellers to discover new markets. PMV Middle East talks to Ritchie Bros. and Euro Auctions to find out what buyers want and what’s trending and selling at their Dubai auctions.
Nikola anticipates raising over $1 billion in Series D funding
Oct 03, 2019
CNH Industrial will take a $250 million strategic stake in Nikola as the lead Series D investor, and Bosch and Hanwha will remain strategic investors from prior funding rounds.
Volocopter signs $50 million in first closing of Series C Round
Sep 16, 2019
The first closing will increase the total capital that Volocopter has raised to $94 million, and Volocopter anticipates a second closing of the Series C towards the end of 2019.
Masdar invests $86 million in UK government’s $494-million Charging Infrastructure Fund
Sep 11, 2019
The investment will create 3,000 new rapid charge points, more than doubling the number of rapid charge points across the UK by 2024.

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PMV Middle East - December 2019

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