Investment & Financing

FocalPoint announces strategic collaboration with STMicroelectronics to deliver an enhanced GNSS solution for automotive

2025-05-20 17:37 3258

The combination of ST's Teseo chipsets with FocalPoint's S-GNSS ® Auto software delivers enhanced GNSS accuracy in challenging environments CAMBRIDGE, England, May 20, 2025 /PRNewswire/ -- FocalPoint , a UK-based software ...

Pulnovo Medical Welcomes EQT as a New Investor Following CE-MDR Approval, with Continued Support from Qiming Venture Partners

2025-05-20 16:53 3381

HONG KONG, May 20, 2025 /PRNewswire/ -- Pulnovo Medical, a globally recognized pioneer in medical devices for pulmonary hypertension (PH) and heart failure (HF), has received new investment from EQT Group, a top-tier global private equity firm, as a new investor, alongside continued support from ...

Enfinity Global closes €100 Million Bond with Eiffel to Accelerate Energy Storage and Solar PV Projects in Europe

2025-05-20 16:00 2557

MIAMI, May 20, 2025 /PRNewswire/ -- Enfinity Global Inc., a leader in renewable energy, today announced the successful closing of an up to €100 million bond facility to support the deployment of its energy storage and solar PV projects across Europe. The facility is being provided by Eiffel Inves...

PHASE Scientific Raises US$34 Million Series A Round to Advance Urine-Based Diagnostic Technology for Early Disease Detection

2025-05-20 09:03 3206

* Largest Series A financing round in Asia's diagnostic technology sector since 2019 underscores strong investor confidence in PHASE Scientific's breakthrough diagnostic technology and growth vision. * Investment to accelerate R&D and commercialization of cutting-edge early disease detection ...

Whale Secures $60 Million to Expand its Enterprise AI Suite Globally

2025-05-20 09:00 4798

SINGAPORE, May 20, 2025 /PRNewswire/ -- Whale , a Singapore-based enterprise Artificial Intelligence company, has announced the successful completion of two consecutive funding rounds—Series C1 and Series C2 —raising a total of overUSD 60 million. In its May 2025 Series C2 roun...

Global Investment Giant IFC (World Bank) Invests in VUZ $12M Pre-Series C, the World's Leading Immersive Media Company

2025-05-20 02:22 3313

IFC investment supports VUZ's international expansion, following precedent in scaling telecom and media ventures across the world. RIYADH, Saudi Arabia, May 20, 2025 /PRNewswire/ -- VUZ, the world's leading immersive media company, has secured theInternational Finance Corporation (IFC) , a membe...

Mazoon Mining Secures USD 270 Million in Strategic Financing and Signs Key Contracts for Oman's Largest Copper Concentrate Project

2025-05-19 18:23 3405

MUSCAT, Oman, May 19, 2025 /PRNewswire/ -- Mazoon Mining, a subsidiary of Minerals Development Oman (MDO), has secured USD 270 million in strategic financing from leading local and regional banks. In parallel, the company signed several construction and service contracts with Omani contractors to...

NIPPON EXPRESS HOLDINGS Completes Stock Acquisition of Cold Chain Bangladesh Limited

2025-05-19 14:00 3435

TOKYO, May 19, 2025 /PRNewswire/ -- NIPPON EXPRESS HOLDINGS, Inc. is pleased to announce that through its subsidiary, Nippon Express (South Asia & Oceania) Pte. Ltd., it has acquired a 20% shareholding in Cold Chain Bangladesh Limited (hereafter "CCBL"), a logistics company engaged in domestic lo...

Global fintech CrediLinq Raises $8.5M Series A to Accelerate the Growth of B2B Embedded Finance

2025-05-16 18:20 3725

* The round was led by OM/VC (formerly Vectr Fintech) and MS&AD Ventures. New investors include Citi North America and Rustem Family office. Returning investors include 500 Global, Epic Angels, 1982 VC, and Big Sky Capital. * CrediLinq operates in the embedded finance sector, enabling B2B pla...

CrediLinq Secures $8.5M Series A to Scale AI-Powered B2B Embedded Finance

2025-05-16 17:57 3133

SINGAPORE, May 16, 2025 /PRNewswire/ -- CrediLinq, the AI-powered B2B embedded finance platform, announced today the close of its USD $8.5 million Series A funding round. The round was led by OM/VC and MS&AD Ventures. New investors include Citi North America and Rustem Family office. Returning in...

HUMAIN and Luma Join Forces to Power the Next Generation of Gaming and INTERACTIVE Entertainment

2025-05-15 20:08 2544

RIYADH, Saudi Arabia, May 15, 2025 /PRNewswire/ -- HUMAIN the new full-stack AI company, owned by PIF, and built to redefine what's possible, has announced a landmark partnership with Luma, a global leader in multimodal generative AI innovation, known for its breakthrough video models, real-time ...

CarbonSix Raises $4M Seed Funding Led by Top Silicon Valley VCs

2025-05-15 20:00 3040

SAN FRANCISCO, May 15, 2025 /PRNewswire/ -- CarbonSix, Inc. , a robotics startup specializing in AI-powered manipulation for manufacturing, today announced it has raisedUSD 4 million in seed funding. The round was led by leading Silicon Valley venture capital fi...

AUCNET Acquires Singapore Joint Venture as 100% Subsidiary

2025-05-15 16:00 2818

-Enhancing Global Network and Local Distribution Growth in ASEAN and Oceania- TOKYO, May 15, 2025 /PRNewswire/ -- AUCNET INC. (hereinafter: AUCNET), a circular market design company headquartered in Minato City, Tokyo, is pleased to announce the full acquisition of its joint venture, SG e-Auc...

Raiven Capital Joins Middle East Venture Capital Association (MEVCA)

2025-05-15 15:30 26044

PALO ALTO, Calif., TORONTO and DUBAI, May 15, 2025 /PRNewswire/ -- Raiven Capital, a global early-stage venture capital firm, is pleased to announce its membership in the Middle East Venture Capital Association (MEVCA)—the premier organization supporting the growth of venture capital and innovati...

PIF's Joint Venture with Hyundai Motor Company, Hyundai Motor Manufacturing Middle East, celebrates groundbreaking milestone

2025-05-15 07:30 3610

* Paving the way for a new industrial future * The new facility is a joint venture between PIF and Hyundai Motor Company * The plant will manufacture internal combustion engine and electric vehicles, with an annual production target of 50,000 vehicles to supply Saudi Arabia KING ABDULLAH ECO...

Quantinuum and Al Rabban Capital Launch Joint Venture to Accelerate Quantum Computing Adoption in Qatar and the Region

2025-05-15 02:03 3669

Up to $1 Billion Investment Over 10 years by Qatar in State-of-the-Art Quantum Technologies and Workforce Development to be Provided by the Joint Venture to Academic and Industrial Partners DOHA, Qatar, May 15, 2025 /PRNewswire/ -- Quantinuum, the world leader in quantum computing, is establish...

TELUS Health acquires Workplace Options, top provider of wellbeing services to Fortune 500 companies

2025-05-14 21:54 2702

TELUS Health combines digital-first innovation with Workplace Options' Employee and Family Assistance Program to transform employee wellbeing solutions GTCR to invest US$200 million as part of the acquisition, bringing strategic healthcare industry expertise to accelerate TELUS Health's global gr...

Persona AI Raises $27M Oversubscribed Pre-Seed to Deliver the Future of Humanoid Robotics

2025-05-14 21:43 3351

HOUSTON, May 14, 2025 /PRNewswire/ -- Persona AI, a leader in embodied artificial intelligence, today announced it has closed its oversubscribed pre-seed funding round, raising $27 million. This substantial investment will accelerate the development and deployment of Persona's humanoid robot plat...

Databricks Agrees to Acquire Neon to Deliver Serverless Postgres for Developers + AI Agents

2025-05-14 18:00 2420

SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database market braces for unprecedented disruption driven by AI, Databricks plans to continue innovating a...

Rently Secures $3M Pre-Series A Investment Led by Orange Bloom to Revolutionise the Asian Rental Market

2025-05-14 13:52 6075

SINGAPORE, May 13, 2025 /PRNewswire/ -- Rently , a Singapore-based prop-tech platform that lets tenants rent deposit-free while paying landlords on time every month, has closed aUS$3 million Pre-Series A led by impact investorOrange Bloom . Hust...

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