Investment & Financing

Nuevocor Closes US$45 Million Series B Financing for Clinical Development of Novel Mechanobiology-Centered Therapy for Cardiomyopathy

2025-05-06 13:00 3729

–  Round co-led by new investors, Kurma Partners and Angelini Ventures, with significant participation from existing investors EDBI, ClavystBio, and Boehringer Ingelheim Venture Fund – Proceeds will support the Phase 1/2 clinical trial of lead candidate, NVC-001, in patients with LMNA-related d...

Olea and Riverchain announce strategic partnership to address working capital challenges in construction industry

2025-05-06 09:00 3007

HONG KONG and SINGAPORE, May 6, 2025 /PRNewswire/ -- Olea Global Pte Ltd ("Olea") and Riverchain International Ltd ("Riverchain") are pleased to announce a strategic partnership aimed at addressing the significant working capital lock-up in the construction industry. This collaboration will lever...

Unlocking innovation: Endeavour Energy and mPrest expand partnership to enhance management of community batteries

2025-05-06 06:00 2822

SYDNEY and TEL AVIV, Israel, May 6, 2025 /PRNewswire/ -- Endeavour Energy and mPrest today announced the expansion of their strategic collaboration to deliver a dynamic market-network approach to energy storage and flexibility which enables customers, retailers and networks to work together to ma...

YäRKEN Raises Funds from 1982 Ventures to Expand AI-Driven IT Financial Management Across North American Enterprise Clients

2025-05-06 00:15 3069

NEW YORK, May 5, 2025 /PRNewswire/ -- YäRKEN , the first AI native IT Financial Management (ITFM) platform for enterprise clients has announced a fundraising round led by 1982 Ventures. This funding will enable YäRKEN to further develop its AI capabilities and scale i...

Genezen and Optieum Biotechnologies Partner to Support cGMP Manufacturing of Groundbreaking CAR-T Therapy for Glioblastoma

2025-05-05 21:00 2595

Collaboration supports manufacture of the OPTF01 product to Drive Next-Generation Chimeric Antigen Receptor T Cell (CAR-T) Development INDIANAPOLIS and EHIME, Japan, May 5, 2025 /PRNewswire/ -- Genezen, a leading viral vector Contract Development and Manufacturing Organization (CDMO), and Optieu...

Beko successfully completes €125 million loan from Italian export credit agency SACE

2025-05-05 20:23 3469

* 10-year loan strengthens capital structure and supports strategic development * Agreement enhances opportunities for Italian supply chain partnerships and economic cooperation ISTANBUL, May 5, 2025 /PRNewswire/ -- Beko, a leading global manufacturer of white goods, has secured a €125 millio...

Ericsson resolves on an acquisition offer for C shares for the Long-Term Variable Compensation Programs LTV 2025 and LTV 2024

2025-05-05 20:15 3760

STOCKHOLM, May 5, 2025 /PRNewswire/ -- In accordance with the resolutions by the Annual General Meeting 2025, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Programs LTV 2025 and LTV 2024 for Ericsson's executive team and othe...

Thomson Reuters Signs Definitive Agreement to Acquire TimeBase

2025-05-05 07:00 4202

SYDNEY, May 5, 2025 /PRNewswire/ -- Thomson Reuters Corporation (TSX/Nasdaq: TRI), a global content and technology company, today announced it has signed a definitive agreement to acquire TimeBase, a leading provider of Australian legislative solutions, for $6.5 million cash.   Founded in 1994, ...

BGM Group Announces Strategic Acquisition of HM Management to Expand AI Application Ecosystem

2025-05-02 20:30 6061

CHENGDU, China, May 2, 2025 /PRNewswire/ -- BGM Group Ltd. (Nasdaq: BGM) (the "Company" or "BGM") , a leading AI technology company, today announced it has entered into a definitive agreement (the "Agreement") to acquire HM Management Company Limited ("HM Management"), a prominent AI agent produc...

HistoIndex Secures SGD9 Million Investment to Drive Next Phase of Expansion

2025-05-02 10:00 4288

SINGAPORE, May 2, 2025 /PRNewswire/ -- HistoIndex, known for its groundbreaking biophotonic Second Harmonic Generation (SHG) technology and a pioneering leader in Artificial Intelligence (AI) digital pathology for the management of fibrotic diseases, has announced the close of a S$9 million inves...

Revelio Labs Acquires Salary Board to Expand Global Compensation Analytics

2025-05-02 00:11 3733

NEW YORK and SINGAPORE, May 2, 2025 /PRNewswire/ -- Revelio Labs, the market-leading workforce intelligence company, today announced the acquisition ofSalary Board, a leading provider of real-time compensation data and labor market insights. This strategic acquisition expands Revelio Labs' extens...

Raiven Capital Launches $100M Climatech Fund Anchored by Frog Lake First Nation investing in Scalable Climatech.

2025-05-02 00:05 3132

TORONTO, PALO ALTO, Calif. and EDMONTON, AB, May 2, 2025 /PRNewswire/ -- Raiven Capital, the cross-border venture firm known for its AI and IoT investments, announces the launch of Raiven Climatech, a $100M USD fund targeting high-growth startups building digital infrastructure to solve global s...

Shareholders Agreement to Develop Naqa Salt the Region's Largest Industrial Salt Production Project

2025-05-01 22:51 2956

MUSCAT, Oman, May 1, 2025 /PRNewswire/ -- Reinforcing its commitment to unlocking the full potential of Oman's natural resources, Minerals Development Oman (MDO) has signed a strategic partnership agreement with Dev Salt to launch theNaqa Salt Project in Wilayat Mahout - set to become the largest...

Shell completes acquisition of working interest in the Ursa platform in Gulf of America

2025-05-01 22:00 2770

HOUSTON, May 1, 2025 /PRNewswire/ -- Shell Offshore Inc. and Shell Pipeline Company (SPLC), subsidiaries of Shell plc (Shell), have completed thepreviously announced agreement to increase their stake in the Ursa platform in the Gulf of America from 45.3884% to 61.3484%.

Flash Coffee secures $3m in new funding to accelerate growth & expand new store concept across Indonesia

2025-04-30 18:00 3283

JAKARTA, Indonesia, April 30, 2025 /PRNewswire/ -- Flash Coffee , the Indonesia-based coffee chain, today announced an additional $3 million in funding to fuel its expansion across the country. The round was led by TA Ventures, a global early-stage venture capital f...

Teka begins a New Century as part of Midea Group

2025-04-30 17:00 7016

* The integration of Teka Group into the leading technology group will exponentially boost the company's growth and the market penetration of its brands. * This operation combines Midea's innovative, technological, and manufacturing potential, Teka Group's century-long brand experience, and t...

Cocoon Capital Announces First Close of USD 50 Million Fund III to Accelerate Southeast Asia's Enterprise and Deep Tech Startups

2025-04-30 11:18 3925

SINGAPORE and NEW YORK, April 30, 2025 /PRNewswire/ -- Cocoon Capital, one of Southeast Asia's top-performing early-stage venture capital firms, today announced the first close of its third fund, Cocoon Capital Fund III, securing USD 30 million in commitments towards a target of USD 50 million. T...

VOC.AI Secures 15 Million Dollars Funding to Fuel Global Growth and Transform AI-Driven Customer Service Solutions

2025-04-30 01:30 3388

SILICON VALLEY, Calif., April 29, 2025 /PRNewswire/ -- VOC.AI , a North America leader in AI-driven customer service solutions and intelligent insights, announced today the successful completion of a new multi-million-dollar funding round. The investment was led by Shanda ...

KSL Capital Partners Acquires JW Marriott Venice Resort & Spa

2025-04-29 22:10 2805

Landmark Luxury Resort on Private Venetian Island Joins KSL's Portfolio of Unforgettable Travel & Leisure Businesses Around the World DENVER, April 29, 2025 /PRNewswire/ -- KSL Capital Partners, LLC ("KSL"), a leading alternative investment firm, today announced its affiliates have acquired the...

Cision Announces Successful Closing of Financing Transactions

2025-04-29 22:00 3490

CHICAGO, April 29, 2025 /PRNewswire/ -- Cision Ltd. ("Cision"), a leading global provider of earned media software and services to public relations and marketing communications professionals, announced today the successful closing of the financing transactions previously announced on April 14, 20...

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