News That Matters

Tag: GR

Luxembourg’s OQ Technology raises 13 mln euros in funding co-led by Wa’ed Ventures and Phaistos Investment Fund
Technology

Luxembourg’s OQ Technology raises 13 mln euros in funding co-led by Wa’ed Ventures and Phaistos Investment Fund

Register now for FREE unlimited access to Reuters.comRegisterDUBAI, Sept 1 (Reuters) - Luxembourg-based OQ Technology, a global 5G internet of things satellite operator, has raised 13 million euros ($13.05 million) in its Series A funding round co-led by Saudi Aramco's Wa'ed Ventures and Greece's Phaistos Investment Fund, according to a joint statement on Thursday.It is Wa'ed's first investment overseas, since it expanded its mandate to pursue global tech startups looking to localise their products and solutions in Saudi Arabia.Wa'ed is the entrepreneurial venture capital arm of the kingdom's state oil giant. Phaistos Investment Fund focuses on investment in 5G-related products and services and managed by 5G Ventures, a venture capital firm based in Athens.Register now for FREE unlimite...
Coric beats Tsitsipas to win Cincinnati and signal return to fitness
Fitness

Coric beats Tsitsipas to win Cincinnati and signal return to fitness

Aug 21 (Reuters) - Resurgent Borna Coric powered past fourth seed Stefanos Tsitsipas 7-6 (0) 6-2 to win the Cincinnati Open on Sunday, signalling his return to full fitness from shoulder surgery and showing that he will be a threat at the U.S. Open.On the comeback trail after undergoing right shoulder surgery last year, Coric returned to the ATP Tour in March and after eight months on the sidelines was back in the winner's circle claiming the biggest title of his career.Ranked 152 and in the tournament via a protected ranking, Coric capped a remarkable week, that included a second round victory over Rafa Nadal, with a brilliant final that no doubt marks the 25-year-old Croatian as a dark horse contender when play gets underway at Flushing Meadows on Aug. 29.Register now for FREE unlimit...