China Investment Corporation makes an undisclosed investment to secure 5.2 million shares.
FieldAware, a spin-out of Trinity College Dublin, has secured an investment from the Chinese government through its China Investment Corporation. The government purchased 5.2 million shares at an undisclosed price.
The investment was channeled by the China Ireland Technology Growth Capital Fund. It is the first time the Chinese government has made an investment in an Irish company. China Investment Corporation was established in 2007 as a sovereign wealth fund managing part of the country’s foreign exchange reserves. Its assets…
