EV maker Polestar secures $400 million equity funding
02/02/2026 06:15
Feb 2 (Reuters) - Electric vehicle maker Polestar PSNY.O said on Monday it has secured a $400 million equity investment from Feathertop Funding Limited, a special purpose entity consolidated by Sumitomo Mitsui Banking Corporation and Standard Chartered Bank. (Reporting by Rishabh Jaiswal in Bengaluru; Editing by Janane Venkatraman) ((rishabh.jaiswal@thomsonreuters.com; +91 9916719147))
Recent news on Sumitomo Mitsui Financial,
See all newsBrief: 28 Japanese Cos Will Join Forces In July To Develop An Ai Chat Tool For Aiding Customers In Asset Management, Reports Nikkei
Morgan Stanley was among first global banks to back MFS before boom and bust
Japan's largest banks to jointly issue stablecoins by March 2027
Brief: Japan's Mufg Bank, Sumitomo Mitsui Banking Corp, Mizuho Bank To Jointly Issue Stablecoins By March 2027, Nikkei Says
Japan’s shareholder meetings run on bunk clockwork