Temasek

 Bolt Threads to Become a Public Company, Growing its Pioneering Biomaterials Platform Through Business Combination With Golden Arrow Merger Corp.

Retrieved on: 
Wednesday, October 4, 2023

Bolt Threads, Inc. (“Bolt Threads”), a pioneer in sustainable biomaterials for consumer products, announced a definitive agreement for a business combination with Golden Arrow Merger Corp (Nasdaq: GAMC) (“Golden Arrow”) that would result in Bolt Threads becoming a public company.

Key Points: 
  • Bolt Threads, Inc. (“Bolt Threads”), a pioneer in sustainable biomaterials for consumer products, announced a definitive agreement for a business combination with Golden Arrow Merger Corp (Nasdaq: GAMC) (“Golden Arrow”) that would result in Bolt Threads becoming a public company.
  • Bolt Threads is a mission-driven biomaterials platform created to enable a better future for people and the planet.
  • Additionally, Golden Arrow’s trust account of $21.5M may deliver additional proceeds to the company at closing of the business combination transaction.
  • BTIG, LLC is acting as financial advisor and Latham & Watkins LLP is acting as legal advisor to Bolt Threads.

At One Ventures Launches $375 Million Climate Tech Fund

Retrieved on: 
Wednesday, October 4, 2023

SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- At One Ventures, the climate tech venture capital firm founded in 2020 by Tom Chi, founding member of Google X, today announced the close of a US$375 million second fund. Like Fund I, Fund II will focus on backing early-stage startups with disruptive technologies that can improve planetary health by resetting the industries causing the most damage to the planet, such as buildings and construction, energy and transportation, and food and agriculture. 

Key Points: 
  • "It's going to take a different kind of thinking than what got us into the climate crisis to get us out.
  • "As an LP in both Fund I and Fund II, One Small Planet could not be more thrilled with the partnership with At One Ventures.
  • They are an absolute leader in climate tech, applying deep scientific and sector knowledge to help scale economically viable organizations to help solve the world's most pressing problems.
  • One Small Planet has deeply enjoyed collaborating with At One Ventures as both an LP and a co-investor," said Jack Wielebinski, Fund Operating Officer, One Small Planet.

Electric Hydrogen Raises $380 Million to Transform the Economics of Green Hydrogen Production

Retrieved on: 
Tuesday, October 3, 2023

Green hydrogen is needed for decarbonizing vital industrial processes such as fertilizer production, steelmaking, base chemicals and many others.

Key Points: 
  • Green hydrogen is needed for decarbonizing vital industrial processes such as fertilizer production, steelmaking, base chemicals and many others.
  • Until now, switching from fossil-based sources to renewable green hydrogen has been too costly to be implemented at scale.
  • Electric Hydrogen’s 100MW green hydrogen systems use advanced technology that could significantly reduce production costs.
  • Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers for critical industries to produce the lowest cost green hydrogen.

BlueVoyant Welcomes Seasoned Tech Executive as Chief Product Officer

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- BlueVoyant, a cybersecurity company that illuminates, validates, and remediates internal and external risks, today announced the addition of Amit Jasuja to its executive leadership team as chief product officer. With more than three decades of security leadership experience, Jasuja will guide BlueVoyant's strategic product direction, aiming to unify product lines and expand the company's share of the cybersecurity market.

Key Points: 
  • NEW YORK, Sept. 26, 2023 /PRNewswire/ -- BlueVoyant , a cybersecurity company that illuminates, validates, and remediates internal and external risks, today announced the addition of Amit Jasuja to its executive leadership team as chief product officer.
  • With more than three decades of security leadership experience, Jasuja will guide BlueVoyant's strategic product direction, aiming to unify product lines and expand the company's share of the cybersecurity market.
  • "BlueVoyant is relentlessly focused on enhancing customer value," said James Rosenthal, CEO and co-founder of BlueVoyant.
  • Jasuja is a seasoned security executive with experience both in large, established companies and early-stage startups.

65 Equity Partners boosts leadership team in Europe and United States with the appointment of two senior Partners

Retrieved on: 
Tuesday, September 26, 2023

Pascal has joined as Co-Head of Europe and will be working closely alongside fellow Co-Head Alex Stirling, to jointly manage the European activities of 65 Equity Partners.

Key Points: 
  • Pascal has joined as Co-Head of Europe and will be working closely alongside fellow Co-Head Alex Stirling, to jointly manage the European activities of 65 Equity Partners.
  • Leon will also participate in the overall management of the US activities of 65 Equity Partners.
  • 65 Equity Partners is focused on providing flexible capital solutions to business owners and management teams with a preference for minority shareholdings.
  • "I am thrilled to join 65 Equity Partners, a young firm with big ambitions and an entrepreneurial mindset.

65 Equity Partners boosts leadership team in Europe and United States with the appointment of two senior Partners

Retrieved on: 
Tuesday, September 26, 2023

Pascal has joined as Co-Head of Europe and will be working closely alongside fellow Co-Head Alex Stirling, to jointly manage the European activities of 65 Equity Partners.

Key Points: 
  • Pascal has joined as Co-Head of Europe and will be working closely alongside fellow Co-Head Alex Stirling, to jointly manage the European activities of 65 Equity Partners.
  • Leon will also participate in the overall management of the US activities of 65 Equity Partners.
  • 65 Equity Partners is focused on providing flexible capital solutions to business owners and management teams with a preference for minority shareholdings.
  • "I am thrilled to join 65 Equity Partners, a young firm with big ambitions and an entrepreneurial mindset.

AvePoint Announces Anchor Investment by 65 Equity Partners

Retrieved on: 
Monday, September 18, 2023

“We are pleased to welcome 65 Equity Partners as a substantial long-term stockholder of AvePoint,” said Dr. Tianyi Jiang (TJ), Co-Founder & CEO, AvePoint.

Key Points: 
  • “We are pleased to welcome 65 Equity Partners as a substantial long-term stockholder of AvePoint,” said Dr. Tianyi Jiang (TJ), Co-Founder & CEO, AvePoint.
  • “This investment reflects their confidence in our vision to advance the digital workplace, capture growing markets and prioritize profitable growth.
  • Backed by Temasek, 65 Equity Partners has $3.3 billion in funds under management.
  • Sixth Street, which led AvePoint’s Series C Preferred Equity investment in January 2020 , remains an investor in AvePoint.

Verdagy to Manufacture Hydrogen Electrolyzers in its New Advanced Silicon Valley Facility

Retrieved on: 
Tuesday, September 19, 2023

MOSS LANDING, Calif., Sept. 19, 2023 /PRNewswire/ -- Verdagy, a pioneer in advanced water electrolysis electrolyzer technologies for large-scale industrial applications, today announced its new facility opening in Newark, California, with more than 100,000 sq. ft. of advanced manufacturing space.

Key Points: 
  • Verdagy's Silicon Valley factory will be the first to manufacture advanced water electrolyzers in large volumes in the United States.
  • The commencement of operations at Verdagy's highly-automated manufacturing facility will start in Q1 2024.
  • Verdagy expects to double the total number of its employees by next summer to support its expansion and the operation of this new, state-of-the-art facility.
  • Verdagy's customers are in heavy industries such as chemicals, ammonia/fertilizer, steel,  and e-fuels which all require large amounts of green hydrogen.

Asia's private market exchange ADDX plans expansion in key MENA markets to serve private enterprises seeking financing

Retrieved on: 
Wednesday, September 13, 2023

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Singapore-headquartered ADDX is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in a bid to drive a more efficient allocation of strategic growth capital and bridge the gap between private companies seeking financing and capital providers.

Key Points: 
  • These enterprises are expected to play an essential role in developing strategic sectors and sustainable economic growth across the region.
  • The company is regulated in Singapore, which is recognized for instituting some of the most rigorous regulatory standards in the world.
  • Asset classes available on ADDX include private equity, hedge funds, venture capital, private credit, real estate, debt and structured products.
  • The private market exchange has built a fully digital infrastructure for its regulated platform, with more than 60% of investment subscriptions happening via its mobile app.

Asia's private market exchange ADDX plans expansion in key MENA markets to serve private enterprises seeking financing

Retrieved on: 
Wednesday, September 13, 2023

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Singapore-headquartered ADDX is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in a bid to drive a more efficient allocation of strategic growth capital and bridge the gap between private companies seeking financing and capital providers.

Key Points: 
  • These enterprises are expected to play an essential role in developing strategic sectors and sustainable economic growth across the region.
  • The company is regulated in Singapore, which is recognized for instituting some of the most rigorous regulatory standards in the world.
  • Asset classes available on ADDX include private equity, hedge funds, venture capital, private credit, real estate, debt and structured products.
  • The private market exchange has built a fully digital infrastructure for its regulated platform, with more than 60% of investment subscriptions happening via its mobile app.