TheFunded

ESR's ARA announces milestone partnership with the Export-Import Bank of China for US$1 billion infrastructure fund

Retrieved on: 
Monday, November 21, 2022

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Key Points: 
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    The Export-Import Bank of China, GezhoubaGroup Overseas Investment Corporation,China Road & Bridge Corporation and ARA have together committed US$1 billion to CAF II.
  • The fund will invest in ASEAN countries across various infrastructure, energy resourcesincluding renewables, and ICT sub-sectors, with a strong focus on sustainability and ESGstandards.
  • Jeffrey Shen and Stuart Gibson, ESR Co-founders and Co-CEOs, said: "We arevery proud of our ARA Infrastructure team for setting up the largest ASEAN-focused private infrastructure fund.
  • Dedicated to supporting the foreign trade sector, the Export-Import Bank of China takesASEAN countries as key areasfor business development.

Pennsylvania Homeowner Assistance Fund increases funding cap amounts to maximize assistance to homeowners

Retrieved on: 
Thursday, November 3, 2022

The Pennsylvania Housing Finance Agency (PHFA) announced that it has increased the maximum caps on funding for its Pennsylvania Homeowner Assistance Fund, or PAHAF, administered by PHFA effective immediately.

Key Points: 
  • The Pennsylvania Housing Finance Agency (PHFA) announced that it has increased the maximum caps on funding for its Pennsylvania Homeowner Assistance Fund, or PAHAF, administered by PHFA effective immediately.
  • PAHAF increased its overall program cap on the maximum amount of assistance a household may receive from $30,000 to $50,000.
  • In addition, the maximum cap on delinquent property tax assistance increased from $8,000 to $14,000, and the maximum cap on delinquent utility assistance increased from $8,000 to $10,000.
  • These assistance cap increases will benefit even more eligible households who continue to need help paying their past due mortgage and other homeowner expenses.

POWIN TO ACCELERATE GLOBAL GROWTH WITH SAMSUNG C&T CORPORATION'S SUPPORT

Retrieved on: 
Wednesday, June 15, 2022

PORTLAND, Ore., June 15, 2022 /PRNewswire/ -- Powin LLC, a global leader in the design and manufacture of safe and scalable energy storage solutions, today announced that it has signed an agreement to sell a minority interest to and obtain strategic equity funding from Samsung Venture Investment Corporation, a fund managed on behalf of Samsung C&T (Engineering & Construction Group), a global Engineering Procurement and Construction firm that has built some of the world's most iconic infrastructure projects. As a part of the agreement, Samsung C&T has designated Powin as a preferred storage provider and will bid for new projects with Powin as the BESS hardware and software provider.

Key Points: 
  • As a part of the agreement, Samsung C&T has designated Powin as a preferred storage provider and will bid for new projects with Powin as the BESS hardware and software provider.
  • The partnership will enable Powin to accelerate its international expansion into key markets including the Middle East and Southeast Asia.
  • The transaction also allows Samsung C&T to invest in the long-term growth of a BESS platform that aligns with its corporate objectives to support the energy transition.
  • Powin CEO Geoff Brown said, "We are pleased to establish a strategic and forward-looking partnership with Samsung C&T as we accelerate our international growth.

The Government of Canada provides nearly $1.9 million to the University of Sudbury

Retrieved on: 
Friday, April 29, 2022

Today, theHonourable Ginette PetitpasTaylor, Minister of Official Languages and Minister responsible for the Atlantic Canada Opportunities Agency, announced nearly $1.9million in funding for the University of Sudbury.

Key Points: 
  • Today, theHonourable Ginette PetitpasTaylor, Minister of Official Languages and Minister responsible for the Atlantic Canada Opportunities Agency, announced nearly $1.9million in funding for the University of Sudbury.
  • The Minister was accompanied by MarcG.Serr, Parliamentary Secretary to the Minister of Official Languages and Member of Parliament for Nickel Belt, and VivianeLapointe, Member of Parliament for Sudbury.
  • TheUniversity of Sudbury wishes to return to its Francophone roots as an autonomous French-language university based on the principle of governance "by and for" the Francophone community.
  • Today's announcement by the Government of Canada will allow the university to achieve its goals.

Roundhill Investments to Launch Metaverse ETF in Germany

Retrieved on: 
Friday, March 11, 2022

FRANKFURT, Germany, March 11, 2022 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative thematic funds, is planning to launch a Metaverse ETF in Germany later this month in partnership with Ball Metaverse Research Partners.

Key Points: 
  • FRANKFURT, Germany, March 11, 2022 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative thematic funds, is planning to launch a Metaverse ETF in Germany later this month in partnership with Ball Metaverse Research Partners.
  • The Fund will aim to offer investors exposure to the Metaverse* by tracking, before fees and expenses, the performance of the Ball Metaverse Index (BALLMETA Index).
  • According to TD Ameritrade (2/15/2022), the Roundhill Ball Metaverse ETF (NYSE Arca: METV), which also tracks the BALLMETA Index, was the largest sector ETF launched in the U.S. in 2021, amassing $885 million in assets.
  • The Index is managed by Ball Metaverse Research Partners, an indexing and research firm led by Matthew Ball , a seasoned investor, advisor, and researcher of the Metaverse.

Roundhill Investments to Launch Metaverse ETF in Germany

Retrieved on: 
Friday, March 11, 2022

FRANKFURT, Germany, March 11, 2022 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative thematic funds, is planning to launch a Metaverse ETF in Germany later this month in partnership with Ball Metaverse Research Partners.

Key Points: 
  • FRANKFURT, Germany, March 11, 2022 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative thematic funds, is planning to launch a Metaverse ETF in Germany later this month in partnership with Ball Metaverse Research Partners.
  • The Fund will aim to offer investors exposure to the Metaverse* by tracking, before fees and expenses, the performance of the Ball Metaverse Index (BALLMETA Index).
  • According to TD Ameritrade (2/15/2022), the Roundhill Ball Metaverse ETF (NYSE Arca: METV), which also tracks the BALLMETA Index, was the largest sector ETF launched in the U.S. in 2021, amassing $885 million in assets.
  • The Index is managed by Ball Metaverse Research Partners, an indexing and research firm led by Matthew Ball , a seasoned investor, advisor, and researcher of the Metaverse.

Minded Raises $25 Million Seed Round To Reimagine The Future of Psychiatry

Retrieved on: 
Tuesday, February 22, 2022

NEW YORK, Feb. 22, 2022 /PRNewswire/ -- Minded , the specialist in prescribing mental health medication online, announces $25 million in seed funding.

Key Points: 
  • NEW YORK, Feb. 22, 2022 /PRNewswire/ -- Minded , the specialist in prescribing mental health medication online, announces $25 million in seed funding.
  • Launched in New York in 2021, Minded provides consumers with high-quality, affordable online psychiatry.
  • According to a study by QuoteWizard , 1 in 4 Americans are currently taking mental health medications, resulting in over 500 million prescriptions per year.
  • Minded makes it easy and affordable to meet with a board-certified expert in mental health medication online within days.