Thursday, December 12, 2019

Brex CFO says the startup lending firm has raised $200M in debt financing from Credit Suisse; Brex raised a similar $100M credit line from Barclays in April (CNBC)

CNBC:
Brex CFO says the startup lending firm has raised $200M in debt financing from Credit Suisse; Brex raised a similar $100M credit line from Barclays in April  —  - The San Francisco-based company raised $200 million in debt from Credit Suisse, following a similar $100 million deal from Barclays in April.



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Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus (Bloomberg)

Bloomberg : Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chi...