Investment & Financing
Bestpath Enters into Definitive Merger Agreement with Aquaron Acquisition Corp. (Nasdaq: AQU)
SHANGHAI and NEW YORK, March 27, 2023 /PRNewswire/ -- Bestpath (Shanghai) IoT Technology Co., Ltd. ("Bestpath" or the "Company"), a pioneer in the technology and application of hydrogen fuel cell powered vehicles inChina, and Aquaron Acquisition Corp. ("Aquaron") (Nasdaq: AQU), a publicly traded ...
OneConnect and Old Mutual in SA Join Hands to Embark on Digitalization of Life Insurance Business
SHENZHEN, China, March 26, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd ("OneConnect" or the "Company", Stock Code: OCFT.US6638.HK), is thrilled to announce that we have entered into an all-round strategic collaboration with Old Mutual in SA to propel the digital transformation o...
Transcoding and Content Security Workflow Simplified: INKA Entworks's PallyCon and Dolby Hybrik Join Hands for an Integrated Solution
SAN JOSE, Calif., March 27, 2023 /PRNewswire/ -- PallyCon, a premium, cloud-based content protection service from INKA Entworks has collaborated with Dolby Hybrik, a cloud media processing platform, to provide transcoding and top-notch content security services in a single workflow and in a simpl...
TradeFlow & H2O Venture Partners generate real-world impact for Carbon abatement and UN SDGs enablement
"Proof of Work" model simplifies carbon offsets process though focus on relevant core factors SINGAPORE, March 27, 2023 /PRNewswire/ -- With recent controversies in the carbon markets marring the true potential of genuine carbon offsets for doing good, TradeFlow Capital Management (TradeFlow) a...
WiTricity and ABT e-Line to Bring Wireless EV Charging to the Streets of Europe
* ABT e-Line plans for commercial introduction of wireless charging, starting with the Volkswagen ID.4 in 2024 * The companies will work together to accelerate the adoption of wireless charging for EVs by deploying the first aftermarket solutions inEurope KEMPTEN, Germany and WATERTOWN, Mass....
Amcor, Nfinite enter joint research agreement to leverage nanotechnology in recyclable and compostable packaging
ZURICH, March 22, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced a joint research project agreement with Nfinite Nanotechnology Inc. to validate the use of Nfinite's nanocoating technology to enhance...
Amogy Secures $139 Million Series B-1 Round of Funding, Moving the Transportation Industry Closer to Clean Energy
* The funding will enable the commercialization of the company's innovative ammonia-to-power technology * Led by SK Innovation, other investors include Temasek, Korea Zinc, Aramco Ventures, AP Ventures, MOL PLUS, Yanmar Ventures, Zeon Ventures and DCVC BROOKLYN, N.Y., March 22, 2023 /PRNews...
SIMS METAL ACQUIRES NORTHEAST METAL TRADERS
NEW YORK, March 22, 2023 /PRNewswire/ -- Sims Metal, a global leader in metal recycling, today announced that the company will acquire the commercial and operating assets ofPennsylvania-based Northeast Metal Traders (NEMT). The acquisition is anticipated to close inmid-April 2023. NEMT, a non-fe...
Heidrick & Struggles to Acquire Leading Purpose, Culture and Change Consultancy, businessfourzero
* Acquisition deepens the firm's suite of culture and organization solutions * Brings specialized capabilities in developing and implementing purpose-driven strategies to companies undergoing major business transformations CHICAGO, March 21, 2023 /PRNewswire/ -- Heidrick & Struggles ("the Compa...
Mindset Health raises US$12m to expand digital hypnotherapy apps & scale distribution
Growth to be supported with new talent attracted to a tech company helping
people in need
MELBOURNE, Australia, March 21, 2023 /PRNewswire/ -- Mindset Health
Up to US$300m secured to facilitate development of 3Moz Bau Gold Project
Highlights * Up to US$300m gold pre-purchase and offtake non-binding drawdown funding facility term sheet signed with major shareholder Quantum Metal Recovery Inc, which Besra believes to be one of the largest deals of its kind signed by an ASX listed junior. * Post-completion the Facility ...
Feutune Light Acquisition Corporation Announces Intention to Extend the Deadline for an Initial Business Combination
METUCHEN, N.J., March 20, 2023 /PRNewswire/ -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the "Company"), a blank check company incorporated as aDelaware business company, today announced that it received notice from Feutune Light Sponsor LLC (the "Sponsor"), the Company's sponsor, of ...
Aramco and DHL Supply Chain announce new end-to-end Procurement and Logistics Hub joint venture
* Plan to provide world-class integrated procurement and supply chain services * First hub of its kind in the region catering to customers in the industrial, energy, chemical and petrochemical sectors * Move expected to help customers drive supply chain efficiency and cost benefits, while red...
Hovione and Ripple Enter Strategic Partnership to Expand Epidel® Platform into Non-Ophthalmic Space
LISBON, Portugal, March 20, 2023 /PRNewswire/ -- Hovione, the specialist integrated CDMO, leader in spray drying and particle engineering, and Ripple Therapeutics, a leading ophthalmic sustained drug delivery company, have entered a strategic partnership to expand the use of Ripple's Epidel® plat...
Sharing Economy International Engaged with BIP Consulting for the Development of E-Mobility
HONG KONG, March 20, 2023 /PRNewswire/ -- Sharing Economy International Inc (OTC: SEII) has signed and engaged with BIP Consulting ("BIP"), a leading business consultation group, to complete the business negotiation with leading zero-emission electric and hydrogen vehicle manufacturers to form up...
Infinity Power Finalizes Acquisition of Lekela Power in Africa's Biggest Renewable Energy Deal
* Infinity Power has acquired 100% shareholding of Lekela Power, an Africa based wind power platform * Transaction makes Infinity Power Africa's largest pure play renewable power company * The combined operational portfolio of Infinity Power now stands at 1.3GW with a strong pipeline of 13....
Mainstream Renewable Power and Actis complete sale of Lekela Power
* Transaction generates net proceeds to Mainstream of approximately USD 90 million, subject to certain closing adjustments * Lekela is the African continent's largest pure-play renewable energy Independent Power Producer (`IPP') with over 1 GW of fully operational wind assets * The planned ...
ETANA HAS SECURED FINANCING FROM DEG, EAST VENTURES AND OTHER GLOBAL INVESTORS
JAKARTA, Indonesia, March 20, 2023 /PRNewswire/ -- PT Etana Biotechnologies Indonesia (Etana), an Indonesian biopharmaceutical company, has secured a new round of investment led by DEG followed by Yunfeng Capital, HighLight Capital and East Ventures. This round of financing will be used for fu...
Xinhua Silk Road: SEG Solar completes acquisition of 2GW PV module manufacturing facility in Houston, Texas
HOUSTON, March 20, 2023 /PRNewswire/ -- SEG Solar (SEG) announced that it has
closed on the acquisition of a manufacturing facility inHouston, Texas, USA,
capable of producing more than 2GW of photovoltaic (PV) modules annually.
PINTEC Announces US$4 million Private Placement of Class A Ordinary Shares
BEIJING, March 17, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (Nasdaq: PT) ("PINTEC" or the "Company"), a leading independent technology platform enabling financial services inChina, today announced that it has entered into share purchase agreements with certain investors onMarch 16,...
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