Jane Lee

Oct 18, 2024 | news.bloomberglaw.com | Gillian Tan |Jane Lee

SandboxAQ, a startup spun off from Alphabet Inc., is seeking to raise new equity funding at a valuation of more than $5 billion, according to people with knowledge of the matter. The company is in discussions with prospective investors, said the people, who asked not to be identified because the talks are confidential. The more than $5 billion valuation figure represents a pre-money basis, meaning it doesn’t include the sum that is raised. Terms of the transaction haven’t been finalized.

Sep 25, 2024 | theguardian.com | Jane Lee

I used to have a weekly winter ritual with my parents. Every Friday night we would go to the same hole-in-the-wall Korean restaurant in Sydney’s north-west, and order the same thing. (Our Malaysian-Chinese heritage gave us a special appreciation for spicy food, in generous portions at the right price.)The dining room featured a few small tables squeezed around an even smaller kitchen, where an elderly Korean woman stood alone, cooking for her guests.

Aug 22, 2024 | news.bloomberglaw.com | Ian M. King |Jane Lee

Intel Corp. director Lip-Bu Tan, a semiconductor industry veteran brought in two years ago to help with the chipmaker’s comeback effort, is stepping down from the board, according to people familiar with the situation. Tan, a former chief executive officer of Cadence Design Systems Inc. who also runs an investment firm, was elected to the board in September 2022. He also was appointed to Intel’s mergers and acquisitions committee.

Aug 22, 2024 | bnnbloomberg.ca | Ian M. King |Jane Lee

(Bloomberg) -- Intel Corp. director Lip-Bu Tan, a semiconductor industry veteran brought in two years ago to help with the chipmaker’s comeback effort, is stepping down from the board, according to people familiar with the situation. Tan, a former chief executive officer of Cadence Design Systems Inc. who also runs an investment firm, was elected to the board in September 2022. He also was appointed to Intel’s mergers and acquisitions committee.

Aug 5, 2024 | news.bloomberglaw.com | Jane Lee

Riverlane, a startup that makes semiconductors to help reduce quantum computing errors, raised $75 million in its latest round of funding. The round was led by Europe’s Planet First Partners, which focuses on climate tech investments. Venture capital firm ETF Partners and Singapore’s EDBI also joined. It marked the latest in a growing series of investments in quantum computing, which has long held out the promise of delivering world-changing advances.