Investment & Financing
Virtusa Bolsters Expansion Plans with Acquisition of Mav3rik
Accelerating growth and scale in the Australia Region as a leader in Salesforce SOUTHBOROUGH, Mass., May 21, 2025 /PRNewswire/ -- VirtusaCorporation, a global leader in digital business strategy, product, and platform engineering, today announced the acquisition of Mav3rik, an Australian-owned an...
Invest Qatar partners with Quantinuum to accelerate expansion and advance the region's quantum computing ecosystem
DOHA, Qatar, May 21, 2025 /PRNewswire/ -- Invest Qatar, the Investment Promotion Agency of Qatar, has inked a strategic agreement with Quantinuum, the world leader in quantum computing and developer of the world's highest-performing quantum computer. The partnership aims to strengthen Qatar's qu...
Nearmap to Acquire itel, Creating a Comprehensive Property Intelligence Platform Bridging Insurance Underwriting and Claims
Combination of complementary data and software solutions transforms property insurance from first notice of loss to settlement SALT LAKE CITY, May 20, 2025 /PRNewswire/ -- Nearmap, a leading property intelligence provider, today announced it is acquiringitel, an independent provider of critical...
FocalPoint announces strategic collaboration with STMicroelectronics to deliver an enhanced GNSS solution for automotive
The combination of ST's Teseo chipsets with FocalPoint's S-GNSS ® Auto software
delivers enhanced GNSS accuracy in challenging environments
CAMBRIDGE, England, May 20, 2025 /PRNewswire/ -- FocalPoint
Pulnovo Medical Welcomes EQT as a New Investor Following CE-MDR Approval, with Continued Support from Qiming Venture Partners
HONG KONG, May 20, 2025 /PRNewswire/ -- Pulnovo Medical, a globally recognized pioneer in medical devices for pulmonary hypertension (PH) and heart failure (HF), has received new investment from EQT Group, a top-tier global private equity firm, as a new investor, alongside continued support from ...
Enfinity Global closes €100 Million Bond with Eiffel to Accelerate Energy Storage and Solar PV Projects in Europe
MIAMI, May 20, 2025 /PRNewswire/ -- Enfinity Global Inc., a leader in renewable energy, today announced the successful closing of an up to €100 million bond facility to support the deployment of its energy storage and solar PV projects across Europe. The facility is being provided by Eiffel Inves...
PHASE Scientific Raises US$34 Million Series A Round to Advance Urine-Based Diagnostic Technology for Early Disease Detection
* Largest Series A financing round in Asia's diagnostic technology sector since 2019 underscores strong investor confidence in PHASE Scientific's breakthrough diagnostic technology and growth vision. * Investment to accelerate R&D and commercialization of cutting-edge early disease detection ...
Whale Secures $60 Million to Expand its Enterprise AI Suite Globally
SINGAPORE, May 20, 2025 /PRNewswire/ -- Whale
Global Investment Giant IFC (World Bank) Invests in VUZ $12M Pre-Series C, the World's Leading Immersive Media Company
IFC investment supports VUZ's international expansion, following precedent in scaling telecom and media ventures across the world. RIYADH, Saudi Arabia, May 20, 2025 /PRNewswire/ -- VUZ, the world's leading immersive media company, has secured theInternational Finance Corporation (IFC) , a membe...
Mazoon Mining Secures USD 270 Million in Strategic Financing and Signs Key Contracts for Oman's Largest Copper Concentrate Project
MUSCAT, Oman, May 19, 2025 /PRNewswire/ -- Mazoon Mining, a subsidiary of Minerals Development Oman (MDO), has secured USD 270 million in strategic financing from leading local and regional banks. In parallel, the company signed several construction and service contracts with Omani contractors to...
NIPPON EXPRESS HOLDINGS Completes Stock Acquisition of Cold Chain Bangladesh Limited
TOKYO, May 19, 2025 /PRNewswire/ -- NIPPON EXPRESS HOLDINGS, Inc. is pleased to announce that through its subsidiary, Nippon Express (South Asia & Oceania) Pte. Ltd., it has acquired a 20% shareholding in Cold Chain Bangladesh Limited (hereafter "CCBL"), a logistics company engaged in domestic lo...
Global fintech CrediLinq Raises $8.5M Series A to Accelerate the Growth of B2B Embedded Finance
* The round was led by OM/VC (formerly Vectr Fintech) and MS&AD Ventures. New investors include Citi North America and Rustem Family office. Returning investors include 500 Global, Epic Angels, 1982 VC, and Big Sky Capital. * CrediLinq operates in the embedded finance sector, enabling B2B pla...
CrediLinq Secures $8.5M Series A to Scale AI-Powered B2B Embedded Finance
SINGAPORE, May 16, 2025 /PRNewswire/ -- CrediLinq, the AI-powered B2B embedded finance platform, announced today the close of its USD $8.5 million Series A funding round. The round was led by OM/VC and MS&AD Ventures. New investors include Citi North America and Rustem Family office. Returning in...
HUMAIN and Luma Join Forces to Power the Next Generation of Gaming and INTERACTIVE Entertainment
RIYADH, Saudi Arabia, May 15, 2025 /PRNewswire/ -- HUMAIN the new full-stack AI company, owned by PIF, and built to redefine what's possible, has announced a landmark partnership with Luma, a global leader in multimodal generative AI innovation, known for its breakthrough video models, real-time ...
CarbonSix Raises $4M Seed Funding Led by Top Silicon Valley VCs
SAN FRANCISCO, May 15, 2025 /PRNewswire/ -- CarbonSix, Inc.
AUCNET Acquires Singapore Joint Venture as 100% Subsidiary
-Enhancing Global Network and Local Distribution Growth in ASEAN and Oceania- TOKYO, May 15, 2025 /PRNewswire/ -- AUCNET INC. (hereinafter: AUCNET), a circular market design company headquartered in Minato City, Tokyo, is pleased to announce the full acquisition of its joint venture, SG e-Auc...
Raiven Capital Joins Middle East Venture Capital Association (MEVCA)
PALO ALTO, Calif., TORONTO and DUBAI, May 15, 2025 /PRNewswire/ -- Raiven Capital, a global early-stage venture capital firm, is pleased to announce its membership in the Middle East Venture Capital Association (MEVCA)—the premier organization supporting the growth of venture capital and innovati...
PIF's Joint Venture with Hyundai Motor Company, Hyundai Motor Manufacturing Middle East, celebrates groundbreaking milestone
* Paving the way for a new industrial future * The new facility is a joint venture between PIF and Hyundai Motor Company * The plant will manufacture internal combustion engine and electric vehicles, with an annual production target of 50,000 vehicles to supply Saudi Arabia KING ABDULLAH ECO...
Quantinuum and Al Rabban Capital Launch Joint Venture to Accelerate Quantum Computing Adoption in Qatar and the Region
Up to $1 Billion Investment Over 10 years by Qatar in State-of-the-Art Quantum Technologies and Workforce Development to be Provided by the Joint Venture to Academic and Industrial Partners DOHA, Qatar, May 15, 2025 /PRNewswire/ -- Quantinuum, the world leader in quantum computing, is establish...
TELUS Health acquires Workplace Options, top provider of wellbeing services to Fortune 500 companies
TELUS Health combines digital-first innovation with Workplace Options' Employee and Family Assistance Program to transform employee wellbeing solutions GTCR to invest US$200 million as part of the acquisition, bringing strategic healthcare industry expertise to accelerate TELUS Health's global gr...
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