socaltech.com
Newport Beach-based wireless infrastructure provider
Mobilitie appears to be up for bid, and is nearing a deal to be acquired for more than $1.3 billion by the Canadian Pension Plan Investment Board (CPPIB), according to Bloomberg. Bloomberg cited people with knowledge of the matter for the information. No other details of the private equity deal were detailed, however, apparently CPPIB outbid a number of private equity firms also looking at the deal. Mobilitie provides wireless infrastructure to sports and entertainment venues, including 5G services.
Exscientia has just closed a $225 million Series D funding round, enlisting giant institutional investors.
A UK-based drug discovery company called Exscientia, which uses artificial intelligence (AI) to design pharmaceuticals, just closed a $225 million Series D funding round. Its investors include the United Arab Emirates’ sovereign wealth fund, Mubadala Investment Company, along with SoftBank, Novo Holdings, and Blackrock-managed funds.
The clinical stage pharmatech company was also given an additional $300 million equity commitment from SoftBank Vision Fund 2 that Exscientia can draw from at its discretion, the firm said last week. Also last week, the British firm received an innovation award from Queen Elizabeth II.
Daphne Bramham: For Canadians sake, Canada has to stand up to China Opinion: Canda s silence on China has left many Hongkongers Canadian passport holders, permanent residency card holders, and others in a fearful quandary
Author of the article: Daphne Bramham
Publishing date: Apr 29, 2021 • 4 hours ago • 4 minute read • Former lawmaker and barrister Martin Lee arrives at West Kowloon court ahead of a sentencing hearing on April 16 in Hong Kong. Seven prominent democratic figures, including Lee, Apple Daily founder Jimmy Lai, and Margaret Ng, were convicted of unauthorized assembly. Photo by Anthony Kwan /Getty Images
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The silence is deafening from a Canadian government paralyzed and unwilling to say anything that might offend China, whether it’s the genocide of Uyghur people or a new Hong Kong law that could bar people, including foreigners, from leaving the territory.