Uber rival Bolt secures €220M in prep for IPO
03-05-2024 16:38 via thenextweb.com

Uber rival Bolt secures €220M in prep for IPO

Estonian mobility startup Bolt has secured a €220mn credit facility as it plans to go public next year.   This type of financing is a more flexible loan option, which allows a business to withdraw and repay funds as needed, on an ongoing basis. Kind of like a credit card for companies.  The credit facility  provides Bolt  “with additional flexibility as we work towards being IPO-ready,” CEO and founder Markus Villig said in a statement. Lenders including Bar
Read more »

social media news



Amazon taps Finland’s IQM for its first EU quantum computing service
Amazon taps Finland’s IQM for its first EU quantum computing service
Macron: French AI can challenge ‘insane’ dominance of US and China
Macron: French AI can challenge ‘insane’ dominance of US and China
The 5 Most Common Cybersecurity Mistakes [Infographic]
Elon Musk Says X Now Has 600M Monthly Active Users
Elon Musk Says X Now Has 600 Million Monthly Active Users
X Secures $6B in Funding for AI Projects
X Secures $6 Billion in Funding for its AI Projects
Snap Launches New Snap Camera Extension for Chrome
Snap Launches Camera Extension for Chrome
Snap Provides Overview of its Evolving Ad Tools
Snap Provides New Overview of its Evolving Ad Tools
TikTok Updates Disclosures Around State-Based Influence Efforts
Plans for Dutch chip powerhouse get €180M boost from ASML and TU/e
Plans for Dutch chip powerhouse get €180M boost from ASML and TU/e
Europe’s ‘dark universe’ telescope shares first scientific data and new cosmic images
Europe’s ‘dark universe’ telescope shares first scientific data and new cosmic images
Desktop versie