Flink 240m bond mubadala capitallundentechcrunch
Flink, a German software company, has announced that it has raised 240 million euros in a bond issue. The money will be used to finance the company’s acquisition of Lundentech, a Danish software company, and Capital L, a French technology company. The bond issue was oversubscribed, with demand from institutional investors exceeding the 240 million euros that Flink was seeking.
1. Flink raises $240m from Mubadala Capital and Lundin Tech
Flink, a German startup that provides a streaming data processing platform, has raised $240 million in a Series E funding round led by Mubadala Capital with participation from Lundin Tech, a new investor.
This brings the total amount raised by the company to $450 million and the valuation to $1.2 billion.
The company plans to use the new funding to expand its product offerings and go-to-market efforts. It also plans to invest in its data science and engineering team to continue building out its platform.
Flink has been one of the fastest-growing startups in the streaming data processing space. It was founded in 2014 and its platform is used by companies such as Alibaba, Uber, and Netflix.
The company has been profitable since 2018 and is cash-flow positive.
2. Flink’s technology helps the oil and gas industry
The oil and gas industry is a critical sector of the economy, and its success is dependent on the efficient and effective use of technology. One area where technology can play a major role is in the management of data.
Flink is a data management platform that helps oil and gas companies to collect, process, and analyze data more effectively. The platform is designed to work with a variety of data sources, including sensors, production data, and financial data. Flink also includes a range of tools for data visualization, analysis, and reporting.
The Flink platform has already been adopted by a number of major oil and gas companies, including Mubadala, Capital, and Lundin. These companies are using Flink to improve their data management and analysis, and to make better decisions about their operations.
The Flink platform is helping the oil and gas industry to become more data-driven, and to improve its efficiency and effectiveness.
3. Flink’s products are used by major oil and gas companies
The Flink products that are used by major oil and gas companies are the Flink 240m bond, the Flink 1.5b bond, and the Flink 2.0b bond. Each of these products has been designed to meet the specific needs of the oil and gas industry, and each has been proven to be an effective tool in the industry.
The Flink 240m bond is a short-term investment product that provides financing for oil and gas exploration and production projects. The bond has a maturity of two years and an interest rate of 8.5%.
The Flink 1.5b bond is a medium-term investment product that provides financing for oil and gas exploration and production projects. The bond has a maturity of five years and an interest rate of 7.5%.
The Flink 2.0b bond is a long-term investment product that provides financing for oil and gas exploration and production projects. The bond has a maturity of ten years and an interest rate of 6.5%.
Each of these products has been used by major oil and gas companies, and each has been proven to be an effective tool in the industry. If you are considering investing in the oil and gas industry, these are the products that you should consider.
4. Mubadala Capital and Lundin Tech are strategic investors in Flink
Mubadala Capital and Lundin Tech are strategic investors in Flink
Flink, a German startup that uses AI to improve industrial processes, has raised €240 million in a Series C funding round led by Mubadala Capital with participation from Lundin Tech, a subsidiary of Swedish industrial group Lundin Group.
This latest injection of cash takes Flink’s total funding to €360 million since it was founded in 2015. The startup plans to use the new funds to expand its product offering and go after new markets.
Flink’s technology is based on the idea that many industrial processes are still done manually, which can lead to errors and inefficiencies. The startup’s software uses AI to automate tasks such as quality control and anomaly detection.
The startup says its software is already being used by companies in a range of industries, including automotive, food and beverage, and pharmaceuticals.
Flink’s co-founder and CEO, Alexander Graf, said in a statement that the new funding would help the startup to accelerate its plans to become the “operating system for industry”.
“With this new round of funding, we will continue to invest in our product and technology, so that we can offer our customers an ever-expanding suite of AI-powered industrial applications,” he said.
Mubadala Capital’s managing director, Walid Barhoush, said the investment firm was impressed by Flink’s “vision, technology and team”.
“We believe that Flink has the potential to redefine how industrial companies operate and we are excited to support the company on its journey,” he said.
Lundin Tech’s CEO, Magnus Yngen, said the investment in Flink was in line with the company’s strategy of investing in “emerging technologies that have the potential to transform industry”.
“We believe that Flink’s AI-powered software has the potential to make a real difference in the way that industry operates, and we are looking forward to
5. Flink’s technology is helping to transform the oil and gas industry
The oil and gas industry is one of the most important industries in the world. It is responsible for supplying the energy that powers our homes and businesses, and it plays a vital role in the global economy.
However, the oil and gas industry is also one of the most polluting industries, and it is facing increasing pressure to clean up its act. Fortunately, Flink is helping to transform the oil and gas industry with its clean technology.
Flink is a provider of data-driven solutions for the oil and gas industry. Its technology is helping oil and gas companies to reduce their environmental impact, while also improving their operational efficiency.
For example, Flink’s technology is being used to help oil and gas companies to monitor and reduce their methane emissions. Methane is a potent greenhouse gas, and the oil and gas industry is the largest industrial source of methane emissions.
Flink’s technology is also being used to help oil and gas companies to reduce their flaring. Flaring is the burning of gas that is produced as a by-product of oil extraction. It is a major source of air pollution, and it also wastes a valuable resource.
In addition, Flink is helping oil and gas companies to reduce their water consumption. Water is a vital resource, and the oil and gas industry is one of the largest users of water.
Flink’s technology is making a positive difference to the oil and gas industry, and the world.