Chinese chipmaker GTA Semiconductor raises over USD 1.8 bn as Beijing prepares new chip fund, ET Auto

GTA Semiconductor has been backed by state-owned venture capital firms like Shanghai-based Spinnotec, which first announced the USD 1.8 billion fund-raising round on Monday, without specifying the entities involved. Chinese auto chipmaker GTA Semiconductor recently completed a largely state-funded financing round worth over USD 1.8 billion, state-backed Securities Times reported on Wednesday, with the move…

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Sotheby’s Motorsport To Auction Two Luxury Vehicles From World-Renowned Ikonick Collection

MIAMI and BLENHEIM, ONTARIO (Oct. 12, 2023) – Sotheby’s Motorsport, the new joint venture between the automotive lifestyle ecosystem duPont REGISTRY Group and luxury auto auction house RM Sotheby’s, today announced two new listings from legendary collector Barry Skolnick’s The Ikonick Collection. The brainchild of Skolnick, an entrepreneur and philanthropist, Ikonick is home to some…

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