LVMH

Barcelona-based Theker, which is building AI-powered robots for industrial environments, raised $85M led by CRV, with Samsung, LVMH, and others participating

Barcelona-based Theker, which is building AI-powered robots for industrial environments, raised $85M led by CRV, with Samsung, LVMH, and others participating

Theker, a Barcelona-based AI robotics company, has raised $85 million in a fundraising round, it said on Thursday, highlighting ongoing growth in the Spanish tech sector.

Barcelona-based Theker, which is building AI-powered robots for industrial environments, raised $85M led by CRV, with Samsung, LVMH, and others participating

Theker, an AI robotics firm from Barcelona, has secured $85 million in new funding.  This investment was led by CRV and included major players like Samsung and LVMH.

ASML's stock jumped 8.1% on June 5 to reach a ~€377B market cap, passing fashion conglomerate LVMH for the first time; only Novo Nordisk is worth more in Europe

Bloomberg :

Europe's blue-chip stocks index Euro Stoxx 50 hits its highest level since 2001, with ASML and SAP, the region's two biggest tech stocks, powering the surge

- Rally in megacaps SAP, ASML and LVMH boosts Euro Stoxx 50  — Diversification by sector and geography seen as tailwinds

Jessica Alba's Honest Company raises $200M from a LVMH-affiliated private equity firm L Catterton for a minority stake, to help expand the business globally

Bloomberg :

Jessica Alba's Honest Company raises $200M from a LVMH-affiliated private equity firm L Catterton for a minority stake, to help expand the business globally

- $200 million investment will help Honest boost supply chain  — L Catterton focuses on consumer brands, owns Bliss, Elemis