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London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventura Capital and others at a $1.2B valuation (Tom Matsuda/Sifted)

Tom Matsuda / Sifted : London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventur...

31 May 2024

STMicro announces plans to spend €5B on a chips manufacturing plant in Catania, Italy with the government providing €2B in subsidies under European Chips Act (Jillian Deutsch/Bloomberg)

Jillian Deutsch / Bloomberg:
STMicro announces plans to spend €5B on a chips manufacturing plant in Catania, Italy with the government providing €2B in subsidies under European Chips Act  —  STMicroelectronics NV said it plans to spend €5 billion ($5.4 billion) on a manufacturing plant for chips and packaging in Catania …

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