PT Ilectra Motor Group (IMG or ALVA) with its brand ALVA has finalized its Series B fund raise, totalling up to USD50 million. The round which included all previous investors, is led by Horizons Ventures. New investors include HH-CTBC Partnership, L.P. (Foxconn Co-GP Fund), which together with Horizon Ventures and Indika Energy, form the largest investors of IMG to date. New investors other than Foxconn Co-GP fund include Brama One Ventures. Proceeds from the Series B funding will be used.
The 2023/24 La Liga season kicks off this weekend with Barcelona attempting to defend their title from a Real Madrid side that bid farewell to Karim Benzema this summer.With Spain's top two clubs adopting different approaches in the transfer market, AFP Sport picks out five new signings to watch this season in La Liga:
JUDE BELLINGHAM (Real Madrid)
The England international announced his arrival at the Santiago Bernabeu by choosing the number five shirt as a tribute to club great Zinedine Zidane