Wednesday, February 1, 2023

Western Digital raised $900M from Apollo Global and Elliott, sources say as a precursor to a merger with Japan's Kioxia, as the memory chip industry struggles (Bloomberg)

Bloomberg:
Western Digital raised $900M from Apollo Global and Elliott, sources say as a precursor to a merger with Japan's Kioxia, as the memory chip industry struggles  —  Western Digital Corp. is receiving a $900 million investment led by Apollo Global Management Inc., getting financial firepower …



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New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners (FinSMEs)

FinSMEs : New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Spr...