Investment & Financing

Sarment Holding Limited (SAIS) Announces Signing of Agreement for The Sale and Purchase of Its Traditional Distribution Business

2019-07-30 12:16 979

TORONTO, July 30, 2019 /PRNewswire/ -- SARMENT HOLDING LIMITED (the "Company" or "SAIS") (TSXV: SAIS), today announced that, further to its news release dated June 21, 2019, the Company has entered into a Sale and Purchase Agreement dated July 29, 2019 (the "SPA") with certain strategic buyers com...

Singapore based AI company TAIGER extends global reach with new offices in Dubai and Hong Kong

2019-07-30 10:00 1122

SINGAPORE, July 30, 2019 /PRNewswire/ -- Artificial Intelligence company, TAIGER, announces today the opening of two new offices inDubai and Hong Kong. Following successes inSingapore, this move is a strategic step to offer organizations information processing and knowledge representation AI to i...

Trax Acquires Leading European Provider of Image Recognition for Retail Execution Planorama

2019-07-30 00:01 1160

SINGAPORE, July 30, 2019 /PRNewswire/ -- Trax, a leading global provider of computer vision and analytics solutions for retail, today announced its acquisition of Planorama,Europe's top supplier of image recognition services for retail execution and merchandising for Consumer Packaged Goods (CPG)...

SoftBank to Invest US$2 billion through Grab to Grow Indonesia's Digital Infrastructure

2019-07-29 17:14 1545

* Indonesia's President Joko Widodo met with Masayoshi Son, Chairman & CEO of SoftBank Group andAnthony Tan, CEO of Grab * Investment will be used to digitize critical services for the country JAKARTA, Indonesia, July 29, 2019 /PRNewswire/ -- Grab announced today it will investUS$2 billion in...

StashAway raises USD$12 million in Series B funding led by Eight Roads Ventures

2019-07-29 04:00 1737

SINGAPORE, July 29, 2019 /PRNewswire/ -- StashAway, a robo-advisor for both retail and accredited investors, has completed aUSD$12 million (SGD$16.4 million) Series B round led by Eight Roads Ventures, the proprietary investment arm of Fidelity International. Asia Capital & Advisors, the private ...

Vietnam's first and largest P2P lending platform - VayMuon.vn announces the close of seed round funding

2019-07-26 12:35 1583

HANOI, Vietnam, July 26, 2019 /PRNewswire/ -- Aiming to target customers who are underserved by banks and financial institutions, for the past 2 years, VayMuon.vn has been delivering a secure and convenient approach to personal financing services. For the first time in the history of credit servi...

Halodoc completes strategic funding round, as it continues to expand its portfolio of services

2019-07-26 11:12 1970

* Strategic investors for the Series B+ round included the Bill & Melinda Gates Foundation, one of the world's largest philanthropic funds, Allianz X and Prudential JAKARTA, Indonesia, July 26, 2019 /PRNewswire/ -- Halodoc , Indonesia's home-grown online healthcare pla...

Objective Acuity and Aier Eye Hospital Group Announce a Strategic Cooperation Agreement

2019-07-26 06:00 2161

AUCKLAND, New Zealand and CHANGSHA, China, July 26, 2019 /PRNewswire/ -- China's Aier Eye Hospital Group ("AIER") andNew Zealand's Objective Acuity ("OAL") have signed a Strategic Cooperation Agreement. The parties will use their respective core competencies to develop and commercialise Objective...

Dwayne Johnson And VOSS Water Announce Strategic Partnership

2019-07-25 21:45 1392

NEW YORK, July 25, 2019 /PRNewswire/ -- VOSS Water announces today its strategic partnership with global entertainment icon, entrepreneur and VOSS loyalist,Dwayne Johnson. Johnson, who acquired a stake in VOSS, will serve as a true brand partner and strategic advisor as the brand innovates and co...

LISCure Biosciences Has Completed Seed Funding of USD 5 Million for Bacteria-mediated Immunotherapy R&D Enhancement

2019-07-25 21:00 1535

SEOUL, South Korea, July 25, 2019 /PRNewswire/ -- LISCure Biosciences, a biotech company that researches and develops bacteria-mediated immunotherapy, has succeeded in attracting5 million USD of seed funding investment. NHN Investment, Shinhan Investment, and KB Securities have participated in th...

Penta and CROMSOURCE Announce Their Partnership to Improve Paediatric Drug Development

2019-07-25 19:00 1871

VERONA, Italy, July 25, 2019 /PRNewswire/ -- Penta ID Innovation, a recently established SMO stemmed from the Penta Global Paediatric Research Network, and CROMSOURCE, an international contract research organization (CRO) providing a comprehensive portfolio of services to the pharmaceutical, biot...

Intellectual Property from Indonesia, CIAYO Corp Expands to Japan

2019-07-24 11:58 1921

JAKARTA, Indonesia, July 24, 2019 /PRNewswire/ -- CIAYO Corp has expanded its network toJapan. In this expansion, CIAYO Corp teamed up with Volcano Inc. (a subsidiary company of YARD Ltd.) to found a newjoint venture locally, Dragon Digital Japan, Inc. and establish the brand CIAYO Tokyo on21 ...

Turkey's Leading New Generation Payments Platform ininal Partners With Visa to Enable Greater Financial Inclusion for Customers

2019-07-23 22:56 1521

ISTANBUL, July 23, 2019 /PRNewswire/ -- ininal, the new generation payments platform, announced a new partnership with Visa, enabling the FinTech to issue prepaid Visa cards to its3 million customers. ininal customers will be able to use the new redesigned cards in stores and online at any of the...

Phoenix New Media Announces Further Update on Proposed Sale of Investment in Yidian

2019-07-23 20:55 10819

BEIJING, July 23, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China, today announced that it has entered into a supplemental agreement (the "Supplemental Agreement") to the share purchase agreement (the...

Co-Living Operator Hmlet Secures HK$310 Million Series B Funding to Accelerate Growth Across APAC

2019-07-23 12:00 1727

SINGAPORE, July 23, 2019  /PRNewswire/ -- Hmlet , the Singapore headquartered co-living operator, has raised US$40 Million (HK$310 Million) in a Series B round, which will allow the company to continue bridging gaps in demand for affordable, flexible and secure housing across ...

ConsoliAds announces launch of "Publisher Day" after recent closure of $1M investment deal

2019-07-23 10:00 1787

SINGAPORE, July 23, 2019 /PRNewswire/ -- ConsoliAds, an intelligent, digital advertisement optimization platform that recently closed a USD 1 Million Series A investment deal led by 47 Ventures Investments, a Pakistan focused, international venture capital fund, has announced 'Publisher Day'. <...

Cocoon Capital launches second $22m seed fund targeting enterprise tech founders who "dare to change"

2019-07-23 08:00 1515

- New fund to create thirty high-growth, enterprise tech startups in Southeast Asia - Partners to provide public, hands-on mentoring across major cities - Current portfolio includes rising stars within medtech, cleantech & fintech SINGAPORE, July 23, 2019 /PRNewswire/ -- Cocoon Capital, the lea...

OpenAI forms exclusive computing partnership with Microsoft to build new Azure AI supercomputing technologies

2019-07-22 21:00 2078

Multiyear partnership founded on shared values of trustworthiness and empowerment, and an investment of$1 billion from Microsoft, will focus on building a platform that OpenAI will use to create new AI technologies and deliver on the promise of artificial general intelligence SAN FRANCISCO and R...

Moiin, Inc Announces the Formation of a $100m Venture Capital VR Gaming Fund

2019-07-22 12:47 1448

SEOUL, South Korea, July 22, 2019 /PRNewswire/ -- Last week, Moiin Inc, a VR hardware working to build the world's first fully immersive world, announced that they would be forming a$100m VC fund, based in Silicon Valley, to aid in the growth of VR gaming globally. This announcement came during a...

Collinson makes further investments in airport scale-ups to deliver its vision for a redefined airport experience

2019-07-19 09:00 2344

LONDON, July 19, 2019 /PRNewswire/ -- Collinson , a global leader in customer benefits and loyalty, today announced a significant investment in French start-upInflyter , the pre-eminent airport retail and duty free ordering platform. Col...

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