Investment & Financing

AI Company CloudMile Raised $6 Million In Pre-B Series Funding

2019-11-20 14:20 164

SINGAPORE, Nov. 20, 2019 /PRNewswire/ -- CloudMile, a cloud service provider specialized in artificial intelligence, announced today that it raised$6 million in its Series Pre-B round of venture funding led by CDIB Capital Management, Black Marble Capital Management and Taiwan Cooperative Venture...

Vietnam's Sendo completes largest financing round to date

2019-11-20 07:00 373

HO CHI MINH CITY, Vietnam, Nov. 20, 2019 /PRNewswire/ -- Sendo, Vietnam's leading C2C e-commerce marketplace, has announced that it has successfully secured an investment ofUSD 61 million in its Series C financing round, which represents the largest for the Company to date. Sendo had previously r...

CellPoint Digital partners with EBANX to offer the best payment solutions for Latin America

2019-11-19 17:00 384

LONDON, Nov. 19, 2019 /PRNewswire/ -- CellPoint Digital, a leading provider of digital commerce and payment solutions to airlines and travel companies worldwide, and EBANX, a global fintech company headquartered inBrazil, leader in payment solutions forLatin America, have today announced an excit...

A leading global medicines company executes a strategic investment in SiO2 Medical Products gaining access to a potentially disruptive novel packaging technology

2019-11-19 00:20 592

* Investment confirms interest to use SiO2's technology that may provide advantages including enhanced quality and performance  * SiO2's breakthrough technology is anticipated to help provide regulatory benefits, enhanced primary packaging and potential operational savings for a range of prod...

SocietyPass Announces #HOTTAB Acquisition

2019-11-18 19:26 519

HO CHI MINH CITY, Vietnam, Nov. 18, 2019 /PRNewswire/ -- Society Pass (SoPa), SEA's leading universal data-driven loyalty platform, is pleased to announce its successful acquisition of #HOTTAB, the prominentVietnam-based e-commerce and POS solutions provider. Dennis Nguyen, founder and Chairman ...

Consumer Luxury Brand, SENREVE, raises $16.75M in Series-A Funding

2019-11-18 16:18 483

HONG KONG, Nov. 18, 2019 /PRNewswire/ -- SENREVE , a female founded and ledSan Francisco based company today announced that it recently raised$16.75M in Series A funding. This brings SENREVE's total capital raised to more than$23M in just three years. With this latest ca...

GCL System Integration and Powin Energy Announce Joint Venture to Deliver Energy Storage Solution

2019-11-15 21:51 4795

MANILA, Philippines, Nov. 15, 2019 /PRNewswire/ -- GCL System Integration (GCL SI) and Powin Energy (Powin), today announced a joint venture, branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region.

DBS partners with Exiger, tech leader in risk and compliance solutions, to fend off evolving risks of financial crime

2019-11-15 12:07 848

To harness screening technology powered by artificial intelligence to enhance customer screening processes SINGAPORE and NEW YORK, Nov. 15, 2019 /PRNewswire/ -- To fend off the evolving risks of financial crime,DBS Bank has partnered with Exiger, the global leader in tech-enabled financial crime...

LvYue Group Completed Several Hundred Million Dollars in Series A and A+ Financing Led by Tencent, Sequoia China, Baidu Capital and Goldman Sachs

2019-11-15 10:00 882

BEIJING, Nov. 15, 2019 /PRNewswire/ -- On November 15, LvYue Group announced its several hundred million dollars Series A and A+ round financing led by Tencent, Sequoia China, Baidu Capital and Goldman Sachs, co-invested by Ocean Link, CITIC Trust, Oriza and CAISSA Travel. Fanzhuo Capital acted as...

Deltapath Brings its Industry-Leading UC Solutions and Dolby Voice to Asia Pacific Markets

2019-11-15 05:07 733

Experience how Deltapath UC solutions and partnerships are impacting customer experience, connecting companies, and making companies more competitive. SAN JOSE, California, Nov. 15, 2019 /PRNewswire/ -- Deltapath, who announced inSan Francisco, California in January an agreement with Dolby Labora...

iQIYI Intelligence Completes Series A Financing to Accelerate the Forging of VR/AR Ecosystem

2019-11-14 14:26 337

BEIJING, Nov. 14, 2019 /PRNewswire/ -- Chongqing iQIYI Intelligence Technology Co., Ltd. ("iQIYI Intelligence"), incubated and operated by iQIYI Inc., ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, announced that it has completedRMB 100 million Ser...

Pcysys Announces $10 Million Funding Round Completion

2019-11-14 04:00 608

Financing Accelerates Automated Penetration Testing Platform Market Expansion TEL AVIV, Israel, Nov. 14, 2019 /PRNewswire/ -- Cyber Security Risk Validation startup,Pcysys , announced today that it has completed a$10 million series-A funding round led by Canadian VC, Awz ...

Tradewind Announces $2.5 Million Credit Facility for Sustainable Homewares Company based in China and the USA

2019-11-13 21:00 564

NEW YORK, Nov. 13, 2019 /PRNewswire/ -- Tradewind has closed a $2.5 million trade finance facility for a company based inChina and the USA that sells sustainable, ecologically sourced, and manufactured homewares. The company exports to major retailers in the US including Amazon, Target, Kroger, a...

Luokung Technology Corp. Announces Acquisition of 51% of EMG and strategic investments from Geely Technology and Acuitas Capital

2019-11-13 21:00 428

BEIJING, Nov. 13, 2019 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company inChina, today announced that Geely Technology Gr...

Acclime further strengthens its presence in the region with the acquisition of Mansec Corporate Consultant in Malaysia

2019-11-13 15:00 551

HONG KONG, Nov. 13, 2019 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, announces today that it has completed the acquisition of Mansec Corporate Consultant Sdn Bhd inMalaysia, taking its presence to five Asian markets.  Mansec is a leading and reputable corporate secre...

Global urology leader Advanced MedTech co-leads SonoMotion's US$10 million Series B fundraising

2019-11-12 20:42 467

SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- Advanced MedTech Holdings (AMTH), Southeast Asia's largest medical device business, today announces it has co-led aUS$10 million Series B funding in SonoMotion, a US-based medical device startup, together with its existing investors MedVenture Partners, In...

Stone Street Group Initiates Coverage On BiomX Inc.

2019-11-12 20:25 300

NEW YORK, Nov. 12, 2019 /PRNewswire/ -- Stone Street Group has announced it has initiated coverage on BiomX Inc (NYSE: PHGE). The full report can be found here: PHGE Report Ke...

Volkswagen Joins SEMI; Membership to Advance Automotive Electronics

2019-11-12 18:00 356

MILPITAS, California, Nov. 12, 2019 /PRNewswire/ -- SEMI, the industry association serving the global electronics manufacturing and design supply chain, announced today that leading German vehicle manufacturer Volkswagen AG has joined SEMI. SEMI membership will give Volkswagen access to SEMI core...

FinTech firms in Singapore attract most global funding within ASEAN according to report by UOB, PwC and SFA

2019-11-12 16:30 10961

SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- Financial technology (FinTech) firms in Singapore continued to attract the lion's share of global funding among ASEAN countries, receiving more than half (51 per cent) of funding for the region according to theFinTech in ASEAN: From Start-up to Scale-up rep...

Beyond Ventures leads US$3m investment in Mapxus - a promising start-up in the nascent indoor-mapping industry

2019-11-12 15:00 704

HONG KONG, Nov. 12, 2019 /PRNewswire/ -- Hong Kong-based venture capital fund Beyond Ventures is spearheading a US$3 million investment project to benefit Mapxus, one of Apple's Indoor Mapping Data Format (IMDF) platform service providers.   Founded by an impassioned team of professors, tech pro...

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