Investment & Financing
Hi2 Investment Management LLC selected as the winner of Best Overall Credit Fund
NEW YORK, Sept. 12, 2023 /PRNewswire/ -- After defying market volatilities and achieving outsized returns in 2022, Hi2 Investment Management LLC (Hi2 Cayman Fund SPC - Series B SP) has been selected as the winner of Best Overall Credit Fund category by the users of Hedgeweek and Private Equity Wi...
BlueRun Ventures China Announces Rebranding to Lanchi Ventures
BEIJING, Sept. 13, 2023 /PRNewswire/ -- BlueRun Ventures China ("BRV China" or
"company"), a leading early-stage technology-focused venture firm, today
announced that it is changing its English brand to Lanchi Ventures. The company
has launched a new websitewww.lanchiventures.com
DRUID Secures $30 Million as part of Series B Round to Enhance Enterprise Productivity Through Conversational Business Applications and Generative AI
BUCHAREST, Romania, Sept. 12, 2023 /PRNewswire/ -- DRUID, a global leader in conversational AI technology, announced today its successful$30 million Series B led by TQ Ventures, with participation from new investors Smedvig Capital, Endeavor, and Verve Ventures, and existing investors GapMinder, ...
Santoni Shanghai acquires a leading German knitting machinery maker Terrot in move to create a new ecosystem
The partnership is part of wider efforts to build a new global circular knitting machine industry leader. CHEMNITZ, Germany, Sept. 12, 2023 /PRNewswire/ -- Santoni Shanghai Knitting Machinery Co., Ltd., founded and wholly owned byItaly's Lonati family, today announced the strategic acquisit...
DRUID Secures $30 Million as part of Series B Round to Enhance Enterprise Productivity Through Conversational Business Applications and Generative AI
BUCHAREST, Romania, Sept. 12, 2023 /PRNewswire/ -- DRUID, a global leader in conversational AI technology, announced today its successful$30 million Series B led by TQ Ventures, with participation from new investors Smedvig Capital, Endeavor, and Verve Ventures, and existing investors GapMinder, ...
C CAPITAL SUCCESSFULLY COMPLETES THE CLOSING OF ITS PRIVATE EQUITY FUND III, REACHING A SIGNIFICANT MILESTONE
HONG KONG, Sept. 12, 2023 /PRNewswire/ -- Hong Kong-based C Capital announces the closing of its Private Equity Fund III, bringing the total investments from both its principal fund and associated co-investment vehicles to overUS$250 million, its largest private equity fund to date. This fund ha...
Pierre Fabre Laboratories Acquires Vertical Bio and its Innovative Targeted Therapy Candidate for Patients Suffering From Non-Small Cell Lung Cancer With MET Alteration
CASTRES, France and BASEL, Switzerland, Sept. 12, 2023 /PRNewswire/ --
Pierre Fabre Laboratories
HN-Novatech bags $4m in funding and launches the world's first proprietary seaweed heme ingredient for plant-based meat applications in Singapore
Exclusive South-East Asia (SG) Investor Launch SINGAPORE, Sept. 12, 2023 /PRNewswire/ -- Korean award-winning food-tech startup, HN Novatech is proud to launch ACOMS: the world's first proprietary heme-based seaweed ingredient for plant-based meat applications. On the 16th of August 2023, a group...
Wego Acquires Travelstop to Expand into Business Travel
DUBAI, UAE, Sept. 12, 2023 /PRNewswire/ -- Wego, the largest online travel marketplace in theMiddle East and North Africa (MENA) acquired Travelstop, a revolutionary platform that simplifies business travel and expense management for companies globally. This strategic move will expand Wego's reac...
Vertex Ventures Southeast Asia and India Partnership completes Final Close of Fund V at USD 541 Million exceeding its target fund size of USD 450 Million
SINGAPORE, Sept. 12, 2023 /PRNewswire/ -- Vertex Ventures Southeast Asia and India ("VVSEAI") is pleased to announce that it has completed the fund raising for its fifth and newest fund with commitments ofUSD 541 million. VVSEAI Fund V is 80% larger than VVSEAI Fund IV which was raised in 2019. ...
Lithium Africa and Ganfeng Lithium Establish Strategic Exploration Partnership
* Lithium Africa and Ganfeng Lithium finalize 50/50 strategic exploration partnership and investment to jointly advance exploration inAfrica * Consolidates over 2,500 km2 of exploration tenements across underexplored and highly prospective regions inIvory Coast, Guinea, Mali and Zimbabwe * E...
Warburg Pincus-Backed StorHub Completes Acquisition of Storage PLUS in Japan
- Represents one of the largest self-storage M&A transactions ever in Japan - Transaction consolidates StorHub's position as a leading self-storage player inJapan and it further reinforces StorHub's position as the largest pan- Asia self-storage platform with a strong and growing presence i...
Tanmiah Food Company and MHP SE Invests in Poultry Value Chain to Enhance Food Security in Saudi Arabia
RIYADH, Saudi Arabia, Sept. 11, 2023 /PRNewswire/ -- Tanmiah Food Company (TADAWUL: 2281, "Tanmiah" or "The Company") is pleased to announce the signing of the shareholder agreement between its fully owned subsidiary, Desert Hills Veterinary Services Company Limited (DHV) with MHP SE (LSE: MHPC, ...
Exclusive collaboration Lancôme x Louvre - Beauty is a living art
PARIS, Sept. 11, 2023 /PRNewswire/ -- The Louvre Museum and Lancôme are joining forces in an unprecedented collaboration. Inspired by nine masterpieces from the sculpture department, as well as the museum's lights and colours, Lancôme has designed a limited-edition of skincare and makeup products...
Target Global Acquisition I Corp. Announces Extension of Deadline to Complete Initial Business Combination
BERLIN, Sept. 9, 2023 /PRNewswire/ -- Target Global Acquisition I Corp. (Nasdaq: TGAA) (the "Company") announced today that its board of directors (the "Board"), upon request of Target Global Sponsor Ltd (the "Sponsor"), has decided to extend the date by which the Company must consummate an initi...
Exiger Announces Capgemini Will Acquire its FCC Advisory Division as Exiger Continues to Accelerate and Focus the Scaling of its Third Party Risk and Supply Chain Management Technology Business
WASHINGTON, Sept. 9, 2023 /PRNewswire/ -- Exiger, the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it has signed an agreement with Capgemini, a leading business and technology transformation services company, for the s...
Grit Biotechnology Announces Closing of $60 Million Series B Financing
SHANGHAI, Sept. 8, 2023 /PRNewswire/ -- On September 8, 2023, Grit Biotechnology announced the completion of a Series B financing round, raising over60 million USD. The investment was led by CICC with participation from Qianhai Ark, Liando Group, Yuanhe Capital, HeFangTian Venture Partnership and...
TechPats™ is now Ocean Tomo, a part of J.S. Held
J.S. Held announces the acquisition of TechPats™ to complement its 2022 acquisition of Ocean Tomo, creating the industry's most comprehensive intellectual property consulting group. JERICHO, N.Y., Sept. 8, 2023 /PRNewswire/ -- Global consulting firm J.S. Held announces today the acquisition of ...
ACE Money Transfer and Faysal Bank Set to Boost Legal Remittances to Pakistan
MANCHESTER, England, Sept. 8, 2023 /PRNewswire/ -- ACE Money Transfer, a leading global money transfer company based out ofManchester, United Kingdom, partners with a growing Islamic banking network inPakistan, Faysal Bank Limited (FBL), to offer seamless remittance service to Pakistani expats li...
floLIVE Collaborates with Qualcomm to Enhance Global Connectivity on the Qualcomm Aware Platform
LONDON, Sept. 7, 2023 /PRNewswire/ -- floLIVE
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Durabook and Parent Company, Twinhead International Corp., Celebrate 40 Years of Innovation in Computing Solutions
