Investment & Financing

COP28 President-Designate calls for holistic ecosystem to drive climate action during London Climate Action Week

2023-06-29 23:53 2962

Connecting policy, technology, finance, and people is essential to keep 1.5C within reach. * Dr. Sultan Al Jaber, COP28 President-Designate, meets with His Majesty King Charles III, UK Government ministers, industry leaders across tech and finance, and university students during London Climate...

Berlin Heals Holding AG Successfully Completes Financing Round for Ongoing CE-Study

2023-06-29 17:00 2397

ZUG, Switzerland, June 29, 2023 /PRNewswire/ -- Berlin Heals Holding AG, a MedTech startup, has developed a breakthrough method and a product for the therapy of heart failure. The product - an electronic device called C-MIC - has already successfully been tested in patients in a pilot study and i...

SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings

2023-06-29 16:08 2210

GOTHENBURG, Sweden, June 29, 2023 /PRNewswire/ -- SKF and Sinoma Nitride, an industry-leading developer and producer of silicon nitride materials and ceramic balls, have entered into a Joint Venture (JV) contract to deepen their cooperation within hybrid ceramic ball bearings. The cooperation is ...

utu Closes US$33 Million Deal, Acquires SC Ventures-Incubated CardsPal to Re-engineer Tax-Free Shopping Globally

2023-06-29 09:00 3629

SINGAPORE, June 29, 2023 /PRNewswire/ -- The Singapore-based travel-tech company utu today announced its acquisition of CardsPal — a Singapore-based platform — along with closing a deal of US$33 million in combined transaction value. The deal, comprising of the acquisitio...

Mirae Asset Unleashes its Global X USD Money Market ETF

2023-06-29 09:00 2647

-  The launch of the Global X USD Money Market ETF (3137) is a key strategic move of Mirae Asset to enhance its footprint in the fixed income market. -  This new product is the firm's first actively managed fixed income ETF. HONG KONG, June 29, 2023 /PRNewswire/ -- Mirae Asset Global Investments ...

CJ Logistics and Korea Ocean Business Corporation to Invest up to $457 Million in Creating Large-scale Logistics Centers in the US

2023-06-28 22:00 4568

* Large-scale logistics centers will be built in strategic logistics and distribution hubs, includingChicago and New Jersey. * CJ Logistics will provide the land for these centers, which collectively cover an area equal to 50 soccer fields, while KOBC will secure the necessary funding for the...

Tata Communications to Acquire Kaleyra, a Leading Global CPaaS Platform Player, in All Cash Transaction

2023-06-28 21:50 5387

Acquisition Represents A Significant Premium Over Kaleyra's Last Closing Price NEW YORK and MUMBAI, India, June 28, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces it has entered into a definitive agreement throug...

SUNRATE closes Series D-1 funding round with Prosperity7 Ventures as lead investor

2023-06-28 08:00 3363

SINGAPORE, June 28, 2023 /PRNewswire/ -- SUNRATE, an intelligent global payment and treasury management platform announced today that Prosperity7 Ventures, the diversified growth fund under Aramco Ventures, has made an investment in the company in its latest D-1 funding round. Prosperity7 Ventur...

Brendan Iribe, Co-Founder of Oculus, Adam Cheyer, Co-Founder of Siri, Eric Migicovsky, Founder of Pebble, Lead Consortium of Revolutionary Tech Entrepreneurs Investing US$3.0M in Seed Funding into Brilliant Labs, Developing Next-Gen Platform Fusing AR with Generative AI

2023-06-28 00:00 2466

Following a successful launch of its open-source "Monocle" AR device, coupling AR with AI, Brilliant Labs' seed round saw participation fromBrendan Iribe, co-founder of Oculus,Adam Cheyer, co-founder of Siri, Eric Migicovsky, founder of Pebble, along with VCs like Plug & Play SINGAPORE, June 27,...

RENATUS ROBOTICS Inc. announces $2 million in seed funding to shape the future of fully unmanned and autonomous logistics infrastructures, starting with e-commerce

2023-06-27 23:01 1981

The logistics, robotics, and blockchain company is seeking an additional $2 million for its pre-Series A round as it prepares for its first commercial installation at an e-commerce fulfillment center  LEWES, Del., June 29, 2023 /PRNewswire/ -- RENATUS ROBOTICS Inc., a logistics startup, has anno...

Driving the Future: NoTraffic Accelerates with $50 Million Series B Funding for the Next Generation of Mobility Infrastructure

2023-06-27 19:00 2418

This latest funding round bolsters the company's position as a pioneering company digitizing the mobility industry and sets the stage for further growth and innovation TEL AVIV, Israel and PALO ALTO, Calif., June 27, 2023 /PRNewswire/ -- NoTraffic , the leading mobility ...

Yiren Digital Announces the Acquisition of Chongqing Jintong

2023-06-27 18:00 3982

BEIJING, June 27, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform inChina, today announced that it had entered into an equity transfer agreement (the "Agreement") to acquire 100% equity interest in Ch...

KERING BEAUTÉ ACQUIRES CREED, THE HIGH-END LUXURY HERITAGE FRAGRANCE HOUSE

2023-06-27 15:04 1914

Iconic heritage fragrance House with strong legacy recognized for crafting unique scents, harnessing exquisite natural ingredients Largest global independent player in the fast-growing high-end luxury fragrance segment A major step for Kairos Beauté, creating a sizeable platform for future grow...

KERING BEAUTÉ ACQUIRES CREED, THE HIGH-END LUXURY HERITAGE FRAGRANCE HOUSE

2023-06-27 10:50 2048

Iconic heritage fragrance House with strong legacy recognized for crafting unique scents, harnessing exquisite natural ingredients Largest global independent player in the fast-growing high-end luxury fragrance segment A major step for Kairos Beauté, creating a sizeable platform for future grow...

Lion TCR Secures USD 40 million Series B2 Financing, Revolutionizing Solid Tumor Treatment with mRNA-Encoding TCR-T Cell Therapy

2023-06-27 08:30 3064

SINGAPORE and GUANGZHOU, China, June 27, 2023 /PRNewswire/ -- 27 June 2023, Lion TCR, a clinical-stage T-cell immunotherapy company, is thrilled to announce the successful completion of itsUSD 40 million Series B2 financing round. Guangzhou Industrial Investment and Capital Operation Holding Grou...

Sicona acquires major international patent portfolio

2023-06-27 06:00 2532

Acquisition will make Australian based company a 'Global Battery Materials Champion' SYDNEY, June 26, 2023 /PRNewswire/ -- Australian battery materials company Sicona Battery Technologies has secured a major patent acquisition, further cementing its future as a global battery materials manufactu...

Baird Medical, A Leading Developer and Provider of Microwave Ablation (MWA) Medical Devices in China, to be Publicly Listed on NASDAQ through a Proposed Business Combination with ExcelFin Acquisition Corp.

2023-06-26 21:54 4027

* Ranked first among MWA medical device providers in thyroid nodule and breast lump treatment with approximately 35% market share inChina[1] * Extensive distribution network with over 430 hospitals penetrated and national coverage across 21 provinces, municipalities, and autonomous regions in ...

Databricks Signs Definitive Agreement to Acquire MosaicML, a Leading Generative AI Platform

2023-06-26 20:00 1829

Together, Databricks and MosaicML will enable any company to build, own and secure best-in-class generative AI models while maintaining control of their data SAN FRANCISCO, June 26, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced it has entered into a definitive agreeme...

IBM to Acquire Apptio Inc., Providing Actionable Financial and Operational Insights Across Enterprise IT

2023-06-26 19:00 3224

$4.6 billion acquisition to advance IBM's existing resource optimization, observability and application management offerings, maximize value for clients and drive significant synergies across several IBM growth areas ARMONK, N.Y., June 26, 2023 /PRNewswire/ -- IBM (NYSE: IBM

MDJM Announces the Acquisition and Renovation of Two New U.K. Hotel Properties as a Part of its Globalization Strategy

2023-06-26 15:00 3559

LETHAM, United Kingdom, June 26, 2023 /PRNewswire/ -- MDJM LTD (Nasdaq: MDJH) (the "Company" or "MDJM"), an integrated global culture-driven asset management company, recently completed the acquisition and renovation of two new properties,Fernie Castle and Robin ...

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