Investment & Financing
Japanese Healthcare Startup Ubie, Inc. Closes Extended Series C Round at $45 million, Establishes Subsidiary in NY
TOKYO, Dec. 8, 2022 /PRNewswire/ -- Ubie, Inc., a Tokyo-based healthcare startup, announced onDecember 8 that it has closed its Series C round at $45 million by raising $19 million in an extension round. The new funding will enable Ubie to accelerate its growth and strengthen its presence in the ...
Asahi Group Holdings to Launch Startup Investment Fund in US from January 2023
TOKYO, Dec. 8, 2022 /PRNewswire/ -- - Investing in US Startups, Entire Group Aims to Grow in New Areas by Leveraging Foundation of Existing Businesses - Asahi Group Holdings, Ltd. is pleased to announce that it has established an investment management company, Asahi Group Beverages & Innovation...
First Mode Secures $200 Million in Funding from Anglo American and Combines with nuGen Team
First Mode will develop clean energy system solutions to replace hundreds of diesel engines inAnglo American haul trucks SEATTLE, Dec. 8, 2022 /PRNewswire/ -- First Mode, a global carbon reduction company focused on heavy industry, and global mining companyAnglo American have signed a binding ag...
SQUADRON TO LEAD AUSTRALIA'S ENERGY TRANSITION
SQUADRON ENERGY ACQUIRES CWP RENEWABLES TO BECOME AUSTRALIA'S LARGEST RENEWABLE ENERGY INVESTOR, OPERATOR & DEVELOPER PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable en...
Pacifico and Caravelle Postpone Closing of Merger Transaction
NEW YORK, Dec. 7, 2022 /PRNewswire/ -- Pacifico Acquisition Corp. (Nasdaq: PAFO; "Pacifico"), a publicly traded special purpose acquisition company, today announced that Pacifico and Caravelle Group Co., Ltd ("Caravelle"), an ocean technology company providing international shipping services and ...
Aeris to acquire IoT business from Ericsson
* Ericsson's IoT Accelerator and Connected Vehicle Cloud businesses and related assets to be transferred to Aeris. * Through the transaction, Aeris will become a market leader in IoT with strong synergies to create an unparalleled IoT offering for enterprises and new revenue streams for commu...
Autonomous driving startup HoloMatic raised $100 million in Series C funding, led by GAC Group, one of the largest China local OEM
BEIJING, Dec. 7, 2022 /PRNewswire/ -- In November 2022, HoloMatic, a full-stack autonomous driving technology company, announced that the C2 round of financing had recently completed. This round of financing is led by GAC Group, one of the largestChina local OEM, with ZhiDu investment and CHAOS i...
Australian entrepreneur Monique Conheady joins Wavemaker Impact as its newest Venture Partner
MELBOURNE, Australia, Dec. 7, 2022 /PRNewswire/ -- Wavemaker Impact, a climate tech venture builder, announces thatMonique Conheady has joined as its new Venture Partner forAustralia and New Zealand. With Monique leading its efforts inAustralia and New Zealand, Wavemaker Impact intends to launch ...
ACE Money Transfer and Allied Bank Limited, Giving Away 61 Samsung Galaxy S22 Ultra to Overseas Pakistanis
MANCHESTER, England, Dec. 6, 2022 /PRNewswire/ -- A renowned UK-based remittance provider, ACE Money Transfer, collaborates with one of the largest banks inPakistan, Allied Bank Limited (ABL), in line with Pakistan Remittance Initiative's (PRI) vision to augment recent plummeting remittance inflo...
Medical Metaverse Company, apoQlar, Receives FDA 510(k) Clearance for its Mixed Reality Surgical Planning Platform, VSI HoloMedicine®
HAMBURG, Germany, Dec. 5, 2022 /PRNewswire/ -- apoQlar, a German medical technology company, today announced it has received FDA 510(k) Class II clearance for VSI HoloMedicine®, a pioneering mixed reality software device enabling surgeons to plan complex procedures using the power of immersive 3D...
China Pharma Holdings, Inc. Announced the Acquisition of Dry Eye Disease Therapeutic Device Project
HAIKOU, China, Dec. 5, 2022 /PRNewswire/ -- China Pharma Holdings, Inc. (NYSE American: CPHI) ("China Pharma", the "Company" or "We"), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based inChina, today announced the Acquisition of Dry Eye Disease...
Merging Tim Viec Nhanh into Viec Lam 24h, Sieu Viet Group is 2 steps ahead of competitors to face upcoming economic uncertainties
HO CHI MINH CITY, Vietnam, Dec. 5, 2022 /PRNewswire/ -- Sieu Viet Group, an HR
tech giant inVietnam, has reached its final step to consolidate the business
portfolio by mergingTim Viec Nhanh into Viec Lam 24h
Lakeshore Acquisition Corp I Shareholders Approve Business Combination with ProSomnus
SAN FRANCISCO, Dec. 2, 2022 /PRNewswire/ -- Lakeshore Acquisition I Corp. (Nasdaq: LAAA) ("Lakeshore") today announced that its shareholders have approved all proposals related to the previously announced business combination (the "Business Combination") with ProSomnus Holdings, Inc. ("ProSomnus"...
Focus-X Therapeutics, a Viva Biotech Portfolio Company, Successfully Reached an Acquisition Agreement with Full-Life Technologies
JERSEY CITY, N.J. and SHANGHAI, Dec. 2, 2022 /PRNewswire/ -- Focus-X Therapeutics (referred to here as "Focus-X"), a nuclide drug company that was invested in and incubated by Viva Biotech, successfully reached an acquisition agreement with Full-Life Technologies Co., Ltd. (referred to here as "...
Trip.com Group Announces Entry into Sustainability-linked Loan Facility Agreement
SHANGHAI, Dec. 2, 2022 /PRNewswire/ --Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that it h...
Tonik acquires TendoPay, enters employee benefits market
SINGAPORE, Dec. 2, 2022 /PRNewswire/ -- Tonik Financial Pte. Ltd. (Tonik), the parent company of Tonik Digital Bank, Inc. inthe Philippines, has entered into a landmark agreement with Tendo Payment Solutions Pte. Ltd. (Tendo) to acquire its Philippine business, operating under the brand name "Ten...
Datawords Group, a Multicultural Ingenuity™[1] expert, acquires Switching-Time with the support of Keensight Capital to empower international brands with digital campaign solutions in China
SHANGHAI, Dec. 2, 2022 /PRNewswire/ -- Since its creation in 2000, Datawords Group has established itself as a leader in e-multicultural technologies, forging the term Multicultural Ingenuity™ [1] to reflect its capacity to support brands in the deployment of their digital marketing and technolog...
![Datawords Group, a Multicultural Ingenuity™[1] expert, acquires Switching-Time with the support of Keensight Capital to empower international brands with digital campaign solutions in China](https://mma.prnasia.com/media2/1960420/Datawords_x_ST_x_Keensight_Capital.jpg?p=medium600)
INVESTCORP TO AQUIRE MARBLE POINT CREDIT
Investcorp AUM to reach $50 billion Combination will create top 15 global CLO manager NEW YORK, Dec. 2, 2022 /PRNewswire/ -- Investcorp, a leading global alternative investment firm, today announced it has agreed to acquire Marble Point Credit Management LLC (Marble Point), a leading US-based CL...
Wemade announced a strategic investment in DRX, a esports company
* DRX IP to onboard WEMIX and expand its ecosystem * Both parties to cooperate for the advancement of eSports culture SEOUL, South Korea, Dec. 2, 2022 /PRNewswire/ -- Wemade announced a strategic investment in DRX. The companies will join forces in leading eSports fan culture and integrate it...
Sony Music France Partner With KMS to Launch 'First-Ever' Fully Immersive IMAX-Certified Film of Iconic Rock Band Indochine's 'Central Tour in Cinema' Concert
Released in 450 movie theatres in France, Central Tour in Cinema also screens in nine countries around the world Filmed with 22 IMAX certified cameras through the "Filmed for IMAX" program, Central Tour in Cinema harnesses the same immersive technology used with films such as Dune, Doctor Strang...
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