Investment & Financing

Blitz Raises Additional $1.6 Million in Oversubscribed Seed Extension Funding to Accelerate AI and EV Logistics Expansion Across Indonesia

2024-03-19 15:50 139

This is Blitz's third round of funding since commencing operations in 2022. The company secured additional funding across Q3 2023 and Q1 2024 from notable international and regional investors, includingADB Ventures , Iterative VC , FiveFortyA...

YuppTV Secures Digital Telecast Rights for TATA IPL 2024 Across 70+ Countries

2024-03-19 14:35 444

ATLANTA, March 19, 2024 /PRNewswire/ -- YuppTV, a global leader in internet-based TV and on-demand South Asian content, today announced that it has successfully achieved the acquisition of digital streaming rights for the highly anticipated 17th edition of the TATA IPL 2024. The most popular cri...

Enfinity Global completes a minority sale of its 400 MW operating portfolio in the United States to Kyushu Electric

2024-03-19 14:30 435

MIAMI, March 19, 2024 /PRNewswire/ -- Enfinity Global Inc., a leader in renewable energy, today announced the successful completion of a minority sale in its 400 MW U.S. operating portfolio to Kyushu Electric Power Co. Inc. (Kyushu Electric), a leading Japanese utility. Kyushu Electric has now a ...

Enfinity Global completes a minority sale of its 400 MW operating portfolio in the United States to Kyushu Electric

2024-03-19 14:30 435

MIAMI, March 19, 2024 /PRNewswire/ -- Enfinity Global Inc., a leader in renewable energy, today announced the successful completion of a minority sale in its 400 MW U.S. operating portfolio to Kyushu Electric Power Co. Inc. (Kyushu Electric), a leading Japanese utility. Kyushu Electric has now a ...

Databricks and NVIDIA Deepen Collaboration to Accelerate Data and AI Workloads with the Data Intelligence Platform

2024-03-19 07:46 674

SAN FRANCISCO, March 19, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced an expanded collaboration and commitment to deeper technical integrations with NVIDIA during the company's flagshipGTC 2024 conference. Together, Databricks and NVIDIA will optimize data and AI work...

Sensor Tower acquires market intelligence platform data.ai

2024-03-18 23:00 1111

The acquisition of global mobile app intelligence company data.ai furthers Sensor Tower's goal of measuring the world's digital economy SAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Sensor Tower, a leading provider of data on the digital economy, announced today that it has acquired market intel...

Cisco Completes Acquisition of Splunk

2024-03-18 21:05 1283

It's a new day for your data. Cisco, supercharged by Splunk, will revolutionize the way companies harness data to connect and protect every aspect of their organizations. News summary * Cisco is now uniquely poised to power, protect, and advance the AI revolution for customers * Cisco will ...

Uxin Announces Entry into a Term Sheet for Financing

2024-03-18 17:00 1181

BEIJING, March 18, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN),China's leading used car retailer, today announced that it has entered into a term sheet with Xin Gao Group Limited ("Xin Gao") and an investment fund focusing on automobile related industries ("NC Fund,...

E-commerce data service company "EchoTik" has secured tens of millions of RMB from angel financing, aims to be International Business Advisor

2024-03-18 16:17 907

BEIJING, March 18, 2024 /PRNewswire/ -- EchoTik, an independent TikTok third-party data service company (https://echotik.live ) has completed an angel round of financing worth tens of millions of RMB. This round of funding was led byYang Jinhe (King), the founder of Ziniao ...

The Philippines' National Development Company and Investible Forge Partnership to accelerate the Net Zero transition

2024-03-18 13:58 1077

SYDNEY and MANILA, Philippines, March 18, 2024 /PRNewswire/ -- Investible and the Philippines' National Development Company (NDC) have signed a Letter of Intent for a partnership aimed at accelerating the decarbonization of industries inthe Philippines. The partnership ...

Virtus Medical Group Announces New Strategic Investors

2024-03-14 19:43 2149

Shanghai Healthcare Capital, along with Mitsui and MediTrust, invest in and partner strategically with Virtus, cementing Virtus'sLeadership in Private  Healthcare Services, and Propelling Healthcare Innovation. HONG KONG, March 14, 2024 /PRNewswire/ -- Virtus Medical Holdings Limited ("Virtus Med...

Autonomous Driving Innovator EACON Secures $44.5 Million in Series C++ Funding, Surpassing $97.3 Million Raised in 6 Months

2024-03-14 09:00 1893

BEIJING, March 14, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured$44.5 million USD in Series C++ financing, led by Zijin Mining. With the completion of Series C and Series C+ financing, EACON has raised a total of$97.3 million USD in equity financing w...

Gayatri Sarkar, Founder and CEO of Advaita Capital, named as crown Patron for the Princess Grace Foundation

2024-03-14 04:06 1752

BOSTON, March 14, 2024 /PRNewswire/ -- Advaita Capital, a growth venture capital firm specializing in deep tech and decarbonization investments, proudly announces its founder and CEO,Gayatri Sarkar, has been appointed as a crown patron for the prestigious Princess Grace Foundation ofUSA. Overseen...

Update on Lunit's Acquisition of Volpara: New Zealand High Court Initial Approval Secured

2024-03-13 21:00 1159

- Volpara shareholder meeting to be held on April 12, 2024: Culminating the acquisition journey for Lunit, finalization set for May SEOUL, South Korea, March 13, 2024 /PRNewswire/ -- Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, today ...

Unlocking the Next Level: New Funding Programme Aims to Scale Fashion Innovation

2024-03-13 14:23 1619

COPENHAGEN, Denmark, March 13, 2024 /PRNewswire/ -- Global Fashion Agenda  (GFA), a non-profit organisation accelerating the transition to a net positive fashion industry, has collaborated withPDS Ventures, the innovation and investment arm ofPDS Limited,to launch a new Trailblazer Programme. The ...

Aegros Limited proposes to issue debentures in a series of tranches up to an aggregate face value of AUD25 million for subscription by investors

2024-03-13 06:22 2006

SYDNEY, March 13, 2024 /PRNewswire/ -- Aegros Limited ACN 618 589 101 (the Issuer) proposes to issue debentures (in the form of loan notes) in a series of tranches up to an aggregate face value of AUD25 million of (Debentures) for subscription by investors (Investors). The Issuer will invest the ...

Baird Medical and ExcelFin Acquisition Corp Announce Strategic Update to Business Combination Terms to Reinforce Long-Term Value Creation Opportunity and Alignment with Shareholders

2024-03-12 19:00 2104

* Baird Medical agreed to subject 30% of its shares to be received in the transaction to an earnout at a$12.50 trading price * Minimum cash condition of $15 million has been waived, cementing certainty and expediency to our transaction close * Upon closing, Baird Medical is expected to trade...

BBMSL Announces FY 2025 Transaction Volume Targets Alongside Plans for Upcoming Plan to Go Public and Growth

2024-03-12 17:45 1774

HONG KONG, March 12, 2024 /PRNewswire/ -- Black Bear Merchant Services Limited ("BBMSL"), a pioneering payment service provider in SME payment market, today announced an ambitious transaction volume target of$16.2 Billion HKD for Fiscal Year ending31 March 2025. This projection is a cornerstone o...

LG Makes Strategic Investment in Bear Robotics

2024-03-12 11:45 2300

Company Aims to Lead Shift to Software-Defined Robotics  SEOUL, South Korea, March 12, 2024 /PRNewswire/ -- LG Electronics (LG) is making a strategic investment move to expedite the advancement of its capabilities in service robotics, a key new business area of the company.

Acclime announces expansion into UAE with acquisition and rebranding of MeiPro

2024-03-12 09:00 1380

HONG KONG, March 12, 2024 /PRNewswire/ -- Acclime, Asia's leading professional corporate and advisory services specialist, is pleased to announce its formal entry into theUnited Arab Emirates (UAE) market. This expansion allows Acclime to service multinational and regional companies looking to es...

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