Meanwhile, a Bermuda-regulated bitcoin life insurance provider, raised $82M from Apollo, Bain Capital, Haun Ventures, and others, after a $40M Series A in April
Muyao Shen / Bloomberg :
Zerohash, which provides on-chain infrastructure for businesses to offer trading, stablecoin payments, and more, raised a $104M Series D-2 at a $1B valuation
Funding round draws Morgan Stanley, SoFi and Apollo, underscoring rising demand for regulated on-chain infrastructure
Sources: Databricks secures $5B+ in its largest debt raise to date, from lenders including Blackstone and Apollo, after raising $10B in equity in December 2024
- Blackstone, Apollo, Blue Owl among lenders in private loan — Financing also includes a $2.5 billion credit line from banks
Vega, which is developing AltOS, a platform to help alternative asset managers further their distributions, raised a $20M Series A led by Apollo and Motive
Irene Garcia Perez / Bloomberg :
The US awards $750M to Wolfspeed, which makes EV chips, alongside $750M in financing led by Apollo to build new $6B+ factories in North Carolina and New York
Bloomberg :
Sources describe Apollo's Yahoo turnaround efforts, including layoffs, asset sales, and new partnerships; Yahoo is on pace to generate $7B in 2023 gross revenue
When speaking about the company he inherited in September 2021, Jim Lanzone is remarkably blunt.
US-based chipmaker Wolfspeed says a group led by Apollo plans to make a $1.25B debt investment, with room for an additional $750M, to support a US expansion
Wolfspeed (WOLF.N) said on Monday that a group led by Apollo Global Management (APO.N) would make a debt investment of $1.25 billion …
A look at SBF's desperate efforts to raise $7B+ from Sequoia, Apollo, TPG, the Saudis, and others; FTX's internal accounting software hid FTX-Alameda transfers
As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked …
Sources: online used-car marketplace Carvana, which saw its shares drop ~30% in recent weeks, was forced to sell half of its bonds to Apollo Global for $1.6B
Online used-car retailer was spurned by lenders to fund deal — Carvana Co. 's financial troubles spilled over into debt markets … Tweets: @jodixu , @wampummining , @blue_chip1 , and @wsjcfo Tweets: ...
Apollo, which maintains a family of GraphQL development tools, raises $130M Series D at a $1.5B+ valuation from Insight Partners, a16z, and others
Paul Sawers / VentureBeat :