Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million

Led by Kaszek Ventures, the round will support the continued expansion of Ayenda’s chain of hotels in Colombia and beyond. The hotel operator already has 150 hotels operating under its flag in Colombia and has recently expanded to Peru, according to a stateme…

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SpaceX said to be seeking around $250 million in funding, boosting valuation to roughly $36 billion

SpaceX is looking to raise around $250 million in new funding according to a new report from CNBC’s Michael Sheetz. The additional cash would bring SpaceX’s total valuation to around $36 billion, according to CNBC’s sources an increase of more than $2.5 billi…

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Report: Outdoor Voices founder Tyler Haney is stepping down as CEO as growth slows

Tyler Haney, the founder and chief executive of activewear label Outdoor Voices, has stepped down, according to the Business of Fashion. We’ve reached out to Haney directly, as well as board members from the venture firms that have backed the company, includ…

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EU budget: Talks end amid stand-off between ‘frugal’ and poorer nations

Image copyrightAFPImage caption “We don’t need Britain to show disunity,” said France’s Emmanuel Macron An EU budget summit ended without agreement on Friday following a stand-off between wealthy “frugal” member states and other countries. The so-called “…

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