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LATEST NEWS
GLy Capital Management Raises US$163 Million for
The GLy New Mobility Fund
Hong Kong, 10 August 2022 – GLy Capital Management (“GLy”), a Hong Kong-based leading investment manager in the mobility sector, today announced the final close of its first private equity fund, the New Mobility Fund (the “Fund”), with a total of US$163 million in capital commitments.
The New Mobility Fund was launched in early 2021 to invest in disruptive companies which help drive a cleaner, safer and more connected mobility future. Leveraging GLy’s privileged industry access, insight and extensive network, the Fund focuses on smart cars, electrification, intelligent cities and materials. Read more
GLy New Mobility Fund Participates in US$200 Million Series D Round of Nexeon, a Global Leader in next generation silicon-based anode materials
Hong Kong 04 August 2022, GLy Capital Management on behalf of the GLy New Mobility Fund participated in Nexeon’s $200 million Series D round.
Nexeon is an international developer and manufacturer of breakthrough silicon-based anode materials for rechargeable Lithium-ion batteries. Nexeon’s technology results in lighter batteries with more power and longer lifetime between charges. The round was led by the SK Chemicals and SJL Partners and included GLY Capital Management, Ingevity, and others. Read more
GLy New Mobility Fund joins online automotive marketplace Carwow’s Series D round
GLy New Mobility Fund has taken a minority stake in carwow, a leading one-stop online marketplace for buying, selling, financing, leasing or subscribing a car. The platform enables people to compare cars and get recommendations and connects them with a high-quality dealer. carwow’s efficient and competitive reverse auction model increases sales for the dealers, aswell as provide car buyers with a simplified, transparent and stress-free car buying experience. Read more
GLy New Mobility Fund Invests in Israeli Unicorn Vayyar
Leveraging disruptors in new mobility
Source: Alter Domus: Sensus Magazine Issue #8
This edition of Sensus explores how sustainable and future-proof strategies once deemed visionary are now widespread among alternative asset classes. Through expert commentary, areas such as ESG, green finance, renewable energy and new mobility opportunities are examined.
EVs are just ‘tip of the iceberg’ : PE manager GLy on new mobility theme
Source: Asian Private Banker
Asian Private Banker recently interviewed Hrvoje Krkalo, Founder and co-CEO of GLy, about the firm’s newly-launched New Mobility Fund, which looks beyond electric vehicle makers. Read more
GLy Capital Management invests US$130 million in Polestar’s first external fundraising
唔止電動車咁簡單! 專家教路投資移動出行概念
Source: Hong Kong Economic Times
Not only EVs! Lesson from an expert on investing in the mobility theme Read more
GLy New Mobility Fund participates in US$125 million Series D round of Freewire, a leader in ultrafast EV charging and energy management solutions
Freewire, the US-based battery-integrated EV charging solution provider announced that it has raised US$125 million in a Series D funding round. Investors of the round include BlackRock Financial Management, Inc., bp ventures, Riverstone Holdings, Daishin Private Equity amongst others. GLy New Mobility Fund joined the round to support Freewire’s drive to accelerate EV adoption and provide ultrafast charging solutions to customers across various markets. Read more
Geely, SK- backed GLy to raise $300m fund as covid turbocharges future of new mobility
Source: DealStreetAsia
DealStreetAsia recently interviewed Hrvoje (Harry) Krkalo, Founder and co-CEO of GLy, about the firm’s newly-launched New Mobility Fund and his plan of capital deployment. Read more
Mobility: Gravitational Shift
Source: AVCJ
AVCJ explores financial opportunities for investors as the mobility sector embraces more innovation. Hrvoje Krkalo, Founder and Co-CEO of GLy Capital Management, spoke to AVCJ to share his insights around the topic. Read more
The technology transformation of transportation
Source: The Asset
Since the emergence of the Covid-19 pandemic more than a year ago, there has been heightened awareness of the impact we as humans have had on the environment particularly when it comes to carbon emissions. Read more
