CategoryIndustry

Shares of Chinese electric vehicle (EV) company Nio jumped as much as 14% on Monday, propelling the carmaker to a market valuation of more than $100 billion, making the start-up the third most-valued automaker after Tesla and Toyota. Monday’s gains followed the success of the company’s annual Nio Day over the weekend, when it announced…

The most prominent VC news of last week included HR software-maker WorkTrans’ announcement of the $190.5 million raised across its latest two rounds, Hey Maet’s multi-million dollar round that will be used to expand the company’s operations and Horizon Robotics’ second tranche of its possibly $700 million Series C round.