Affirm Inc. has raised $45 million to help it target consumers looking for new credit tools to make purchases online, Chief Executive Officer Max Levchin said at Bloomberg’s Next Big Thing Summit.
Khosla Ventures, the investment firm led by Sun Microsystems Inc. co-founder Vinod Khosla, hired former U.S. Secretary of State Condoleezza Rice’s advisory firm to work with its portfolio companies.
Google Inc. said it’s acquiring satellite company Skybox Imaging Inc. for $500 million as it works to bolster its mapping services and improve Internet access.
EcoMotors Inc., backed by Bill Gates and Khosla Ventures, formed a partnership with a subsidiary of China FAW Group Corp. that will build a $200 million factory in China.
Ambri Inc., a U.S. developer of liquid-metal battery technology, received $35 million from investors including Bill Gates and Vinod Khosla to build a commercial-scale factory.
Kior Inc., operator of the first U.S. commercial-scale cellulosic biofuel plant, received commitments for $100 million in financing from Khosla Ventures LLC and Gates Ventures LLC to expand production at its Columbus, Mississippi, plant.
Khosla Ventures, a venture capital investor, raised $1.05 billion and formed a new fund to support renewable energy and communications technology.
Google Inc. is in talks to buy Skybox Imaging Inc., a provider of high-definition imagery that could enhance the Web company’s maps, according to people with knowledge of the matter.