Investment & Financing

Lynk Pharmaceuticals Completes Series C2 Financing Round, with Total C Round Funding of 322 Million RMB

2023-09-21 08:00 2656

HANGZHOU, China, Sept. 21, 2023 /PRNewswire/ -- Lynk Pharmaceuticals Co., Ltd. (hereinafter referred to as 'Lynk Pharmaceuticals'), an innovative clinical stage company, today announced the successful completion of Series C2 financing. This round of financing was jointly participated by the Shaox...

China Information Technology Development Limited (CITD) Strengthens Technological Capabilities through HKD$100million Strategic Acquisition

2023-09-21 08:03 4465

HONG KONG, Sept. 21, 2023 /PRNewswire/ -- China Information Technology Development Limited (CITD) (HKEX: 8178), a pioneering technology company at the forefront of AI and cloud technologies, proudly announces a momentous stride in its growth journey through the proposed very substantial  acquisit...

Infosys and NVIDIA Collaborate to Help World's Enterprises Boost Productivity with Generative AI

2023-09-20 20:30 1917

* Expanded collaboration to provide expertise and technology needed to drive productivity gains with generative AI applications and solutions across industries * New Centre of Excellence will train 50,000 Infosys employees on NVIDIA AI technology BENGALURU, India and SANTA CLARA, Calif., Sept...

Körber celebrates partnership milestone with Geek+

2023-09-20 18:34 1879

HAMBURG, Germany, Sept. 20, 2023 /PRNewswire/ -- Global strategic partnership empowers businesses to overcome efficiency, scalability and sustainability challenges across supply chain Körber  and Geek+ , a global leader ...

Collabera Digital acquires Digiterre to provide 'red thread' of quality from technology problem-solving to scaled delivery and beyond.

2023-09-20 15:30 2729

UK-based software and data engineering consultancy Digiterre's acquisition by Collabera Digital, provides a multilocational software delivery footprint together with client-facing offices inEurope and Asia Pacific for Digiterre. LONDON, Sept. 20, 2023 /PRNewswire/ -- Collabera Digital

Shanghai Electric Subsidiary, Shanghai Electric Energy Storage Technology, Receives RMB400 Million in Series A Financing, Accelerating Development of Its Energy Storage Business

2023-09-20 12:15 6158

SHANGHAI, Sept. 20, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently receivedRMB400 million in Series A financing that will be used to inject added vitality into the development of its energy sto...

OCHE OWNER, THE SOCIAL GAMING GROUP, SIGNS FRANCHISE PARTNERSHIP FOR UAE EXPANSION

2023-09-20 08:05 1529

OSLO, Norway, Sept. 20, 2023 /PRNewswire/ -- Norwegian-based technology business, The Social Gaming Group, has agreed a new franchise partnership with UAE-based hospitality expert RMAL Hospitality, as part of its continued international expansion plans for gastro-gaming entertainment concept, Och...

Cheche Group Inc. and Prime Impact Complete Business Combination

2023-09-18 21:00 3900

* Cheche's Class A ordinary shares and warrants to begin trading on the Nasdaq onSeptember 18, 2023, under ticker symbols "CCG" and "CCGWW," respectively. * Common stock financings and trust account balance expected to generate approximately $22.1 million in proceeds for Cheche BEIJING and SA...

Canton Biologics Completes Over 300 Million Yuan Series C Financing, Led by SDIC Venture Capital

2023-09-18 18:43 2139

GUANGZHOU, China, Sept. 18, 2023 /PRNewswire/ -- On September 13th, Canton Biologics Co., Ltd. announced that it had recently completed a Series C financing round exceeding300 million yuan. This round of financing was led by SDIC Venture Capital, with participation from Guangdong Technology Finan...

Embracing Hong Kong Together: CCYik Bringing New Hope to 258 Families

2023-09-16 13:00 2923

HONG KONG, Sept. 16, 2023 /PRNewswire/ -- CCYik, a leading investment company originated from UK, is proud to announce that it has contributed over HKD$1,000,000 in the year 2023. The collected fund underscoring the company's unwavering commitment to making a difference in the lives of those in n...

Aramco to enter South American retail market with Esmax acquisition

2023-09-16 00:37 3481

* Deal unlocks new market opportunities and advances Aramco's global Downstream expansion DHAHRAN, Saudi Arabia, Sept. 16, 2023 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción SpA ("E...

MultiMetaVerse Holdings Limited (Nasdaq: MMV) Enters Into Agreement To Acquire Taomee

2023-09-15 21:17 5696

NEW YORK and SHANGHAI, Sept. 15, 2023 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV"), an animation and entertainment company catering toChina's youth market, announced today that it has, through its subsidiary inChina, entered into an agreement (the "Agreement") to acquire 100% equity in...

Pixis, a Leading Codeless AI Infrastructure Company for Marketing, Secures Funding of $85 million in Series C1 Funding

2023-09-15 13:00 1562

SAN FRANCISCO, Sept. 15, 2023 /PRNewswire/ -- Pixis , a leading codeless AI infrastructure company focused on enabling brands to enhance performance marketing, has raised$85 million in its series C1 funding round. The round was led by Touring Capital and brings the company's ca...

Pixis, a Leading Codeless AI Infrastructure Company for Marketing, Secures Funding of $85 million in Series C1 Funding

2023-09-15 12:49 1824

SAN FRANCISCO, Sept. 15, 2023 /PRNewswire/ -- Pixis , a leading codeless AI infrastructure company focused on enabling brands to enhance performance marketing, has raised$85 million in its series C1 funding round. The round was led by Touring Capital and brings the company's ca...

DL Holdings Announces Acquisition of Remaining 55% Stake in Family Office

2023-09-15 11:33 4075

HONG KONG, Sept. 14, 2023 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company"; Stock Code: 1709.HK) has unveiled its acquisition of the remaining 55% stake in DL Family Office (HK) Limited ("DL Family Office") forHK$220 million. This strategic move follows the successful ac...

Databricks Raises Series I Investment at $43B Valuation

2023-09-14 21:00 1680

Round led by T. Rowe Price, joined by new investors Capital One Ventures, Ontario Teachers' Pension Plan and strategic investor NVIDIA SAN FRANCISCO, Sept. 14, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced its Series I funding, raising over$500 million. This funding v...

Avasa raises $1.55M in oversubscribed funding round with innovative implantable devices

2023-09-14 04:50 1972

MIAMI and AUCKLAND, New Zealand, Sept. 14, 2023 /PRNewswire/ -- Avasa, a medical device pioneer advancing surgical techniques for improved patient outcomes, announces the successful completion of its recent funding, raising an impressive$1.55 million in capital investment. The influx of new inves...

AWAK TECHNOLOGIES RAISES US$20+ MILLION, READYING ITS WEARABLE DIALYSIS DEVICE FOR US-BASED PIVOTAL TRIAL

2023-09-13 21:27 2464

* AWAK closes one of the largest MedTech fundraise in 2023 in Southeast Asia * The Series B round was co-led by new investor Lion X Ventures and long-term investor Vickers Venture Partners, along with other new and existing investors * AWAK's ultra-portable peritoneal dialysis system enables ...

PT SMI successfully obtained the offshore Sustainability-Linked Syndicated Term Loan Facility worth USD 700 million

2023-09-13 20:27 1820

JAKARTA, Indonesia, Sept. 13, 2023 /PRNewswire/ -- PT Sarana Multi Infrastruktur (Persero) ("PT SMI") has successfully completed the process of obtaining its first-ever, Sustainability-Linked Syndicated Term Loan Facility from  a number of banking partners across geographies includingIndonesia, ...

TradeBeyond Acquires Pivot88

2023-09-13 20:00 1624

HONG KONG, Sept. 13, 2023 /PRNewswire/ -- TradeBeyond, the leader of extended supply chain management solutions for private label and branded merchandise, announced today that it has acquired Pivot88, the trusted SaaS provider of quality, compliance, and traceability solutions to brands and retai...

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