Investment & Financing

RedHill Biopharma Further Expands Opaganib Manufacturing Capacity for COVID-19 with Cosmo Pharmaceuticals

2021-01-28 22:03

TEL AVIV, Israel and RALEIGH, N.C., Jan. 28, 2021 /PRNewswire/ -- RedHill Biopharma Ltd. (Nasdaq: RDHL) ("RedHill" or the "Company"), a specialty biopharmaceutical company, today announced a manufacturing agreement with Cosmo Pharmaceuticals NV (SIX: COPN) ("...

Blue Hat Announces Closing of Fuzhou Csfctech Co., Ltd. Acquisition, Csfctech Achieves 2020 Performance Target

2021-01-28 22:00 55

XIAMEN, China, Jan. 28, 2021 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials inChina, today announced ...

Brenntag to expand food and nutrition business in China with acquisition of specialty ingredients distributor Zhongbai Xingye

2021-01-28 20:04 240

ESSEN, Germany, Jan. 28, 2021 /PRNewswire/ -- Brenntag (ISIN: DE000A1DAHH0), the global market leader in chemical and ingredients distribution, has signed an agreement to acquire the majority of Zhongbai Xingye Food Technology (Beijing ) Co., Ltd ("Zhongbai Xingye"), starting with a 67% stake valu...

GGV Capital Raises $2.52 Billion to Invest in Entrepreneurs Around the World

2021-01-28 20:00 2275

MENLO PARK, Calif. and SINGAPORE, Jan. 28, 2021 /PRNewswire/ -- Global venture capital firm GGV Capital today announced the closing of the largest family of funds in its 20-year history, totaling$2.52 billion. The committed capital includes$1.464 billion for GGV Capital VIII, L.P. ("Fund VIII"), ...

China records the top five largest VC deals globally in Q4'20, finds KPMG analysis

2021-01-28 18:51 390

HONG KONG, Jan. 28, 2021 /PRNewswire/ -- Venture Capital (VC) investment in Asia continued to rebound in Q4'20, primarily driven by a continued surge in investment inChina. Chinese companies accounted for nine out of the top ten largest VC deals inAsia Pacific, including the top five mega-deals ...

100 Platform Partners, Nine Countries, 22 Months: TechStorm Grows at Meteoric Speed as it Closes Series A Fund Raising

2021-01-28 12:26 203

SINGAPORE, Jan. 28, 2021 /PRNewswire/ -- The region's fastest growing 24/7 Asian esports and tech-centric entertainment channel, TechStorm, today announced a major milestone of securing its 100th platform partner. This expansion of influence across nine countries, achieved at a meteoric speed of ...

Launch of KAKAO ENTERTAINMENT through strategic merger of Kakao Page and Kakao M

2021-01-28 09:00 884

SEOUL, South Korea, Jan. 28, 2021 /PRNewswire/ -- The Board of Directors of Kakao Page Corp. (hereafter Kakao Page) and Kakao M Corp. (hereafter Kakao M) announced today that they resolved to merge the two companies into a new entity called KAKAO ENTERTAINMENT. The two companies will hold a gener...

Replika Software Secures Series A Financing from LVMH Luxury Ventures and L'Oréal BOLD Ventures to Power the Future of Social Selling

2021-01-27 21:01 1814

NEW YORK, Jan. 27, 2021 /PRNewswire/ -- Replika Software, the turnkey social selling solution enabling brands to empower their networks of social sellers to inspire and sell online, has completed its Series A financing round with LVMH Luxury Ventures and L'Oréal BOLD, both investment arms of t...

Playvox Caps Record-Breaking Year with Acquisition of Agyle Time Workforce Management and Additional $25 Million Funding Raise

2021-01-27 21:00 3433

Acquisition marks creation of the world's first Workforce Optimization suite purpose-built for the digital-first customer engagement center SUNNYVALE, Calif., Jan. 27, 2021 /PRNewswire/ -- Playvox, the leading CRM-connected omnichannel contact center provider of agent optimization solutions...

Tradewind Finance Announces Post-Shipment Finance Facility for Tire Trading Company based in Shandong, China

2021-01-27 18:00 436

SHANGHAI, Jan. 27, 2021 /PRNewswire/ -- Tradewind Finance has closed a USD 1 million credit facility for a tire trading company based in Shandong Province in China that exports to Europe, the USA, and the Middle East. The proceeds from the facility are being used by the company to take on larger ...

Sihuan Pharmaceutical (0460.HK): Xuanzhu Biopharm acquires Combio Pharmaceutical, the large-molecule integrated development platform helps drive innovation

2021-01-27 11:21 1464

HONG KONG, Jan. 27, 2021 /PRNewswire/ -- Sihuan Pharmaceutical Holdings Group Ltd. (the "Company" or "Sihuan Pharmaceutical", together with its subsidiaries, collectively referred to as the "Group"; Hong Kong Stock Exchange Stock Code: 0460) is pleased to announce its innovation Xuanzhu Biopharma...

Veritas Extends Cloud Capabilities Across Its Platform

2021-01-27 09:00 638

SINGAPORE, Jan. 27, 2021 /PRNewswire/ -- Veritas Technologies , a global leader in data protection, availability and insights, is today announcing major updates to its Enterprise Data Services Platform to provide customers with a single platform for all of their cloud e...

ZircoDATA Announces Acquisition in NSW and Appoints New CEO

2021-01-27 07:30 591

MELBOURNE, Australia, Jan. 27, 2021 /PRNewswire/ -- ZircoDATA, a privately owned records and information management (RIM) company providing services throughoutAustralia, has confirmed their seventh acquisition to date. In a deal finalisedJanuary 13th, ZircoDATA acquired Ultimo Document Storage Ce...

EZDRM's Platform Partnership with Huawei's Developer Ecosystem Brings Enhanced Content Protection to Developers

2021-01-26 20:58 746

The well-known Digital Rights Management as a Service solution is available for worldwide integration. SHENZHEN, China, Jan. 26, 2021 /PRNewswire/ -- EZDRM, the original DRM-as-a-Service provider for security in video streaming, offers a variety of content protection solutions to meet developer ...

Qiming Venture Partners Closes RMB Fund VI at RMB 2.852 billion

2021-01-26 10:13 1109

SHANGHAI and BEIJING and HONG KONG, Jan. 26, 2021 /PRNewswire/ -- Qiming Venture Partners ("Qiming") today announced the final close of our RMB Fund VI atRMB 2.852 billion. Currently, Qiming has $5.9 billion in assets under management, targeting early-and-growth-stage healthcare and TMT investme...

Klook Completes US$200M in Additional Funding

2021-01-26 10:00 829

* New capital a confidence boost for Klook as the leading travel technology player in the region * Funds to accelerate the digital transformation of merchants with the development and roll-out of Klook-powered merchant Software-as-a-Service (SaaS) solutions HONG KONG, Jan. 26, 2021 /PRNewswir...

CooTek Announces Entering Into A Combined Financing Package

2021-01-25 22:22 3678

SHANGHAI, Jan. 25, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it entered into a combined financing package with YA II PN, Ltd., aCayman Islands exempt limited partnership managed by Yorkvil...

Ucommune International Ltd. Announces Additional Investment in SaaS Services and IOT Solutions Subsidiary Xiyu Information

2021-01-25 20:30 3669

BEIJING, Jan. 25, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider inChina, today announced an additional investment in Beijing Xiyu Information Technology Co., Ltd. ("Xiyu Information"), a subsidiary of...

Entrust Acquires HyTrust, Expanding Encryption, Key Management and Security Posture Management for Virtualised and Multi-Cloud Environments

2021-01-25 17:30 869

HONG KONG, Jan. 25, 2021 /PRNewswire/ -- Entrust a global leader in trusted identity, payments and data protection, today announced that it has acquiredHyTrust , Inc., an innovative provider of virtualised and multi-cloud data encryption, key ma...

Tetra Pak calls for collaborative innovation to tackle sustainability challenges in the food packaging industry

2021-01-25 16:00 867

LAUSANNE, Switzerland, Jan. 25, 2021 /PRNewswire/ -- Tetra Pak has introduced a new collaborative innovation model with leading paperboard producers, a move aimed at tackling the food packaging industry's sustainability challenges. The traditional operating model of a linear supply chain has chan...

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