Investment & Financing

ACE Green Recycling and Tabono to Form Battery Recycling Joint Venture

2022-12-13 18:00 3006

Strategic partnership will create closed-loop, sustainable battery recycling in South Africa HOUSTON, Dec. 13, 2022 /PRNewswire/ -- ACE Green Recycling (ACE), an innovative recycling platform for battery materials, andTabono Investments

Season Group's acquisition of Pycom Ltd-a global IoT technology startup with a vision to give all connected ideas an opportunity to succeed

2022-12-13 16:05 2092

HONG KONG, Dec. 13, 2022 /PRNewswire/ -- Season Group – an international electronics design and manufacturing services provider headquartered inHong Kong with sites in China, Malaysia, Mexico, and the U.K. – is pleased to announce its acquisition of all assets ofPy...

Beamery Raises $50 Million in Series D Funding to Help Businesses Make More Agile and Effective Decisions on Talent

2022-12-13 13:01 2101

Beamery reaches unicorn valuation ($1B+) with huge demand from enterprises for more agile talent and workforce solutions to respond to an uncertain and turbulent environment LONDON, Dec. 13, 2022 /PRNewswire/ -- Beamery, the leader in talent lifecycle management, today announced it has closed a$...

IBM and Rapidus Form Strategic Partnership to Build Advanced Semiconductor Technology and Ecosystem in Japan

2022-12-13 10:48 2137

Rapidus, a Newly-Formed Advanced Logic Foundry, Will Leverage IBM's Semiconductor R&D Leadership, Including 2 Nanometer Node Technology TOKYO, Dec. 13, 2022 /PRNewswire/ -- IBM (NYSE: IBM) and Rapidus today announced a joint development partnership to advance logic...

Marathon Asset Management, L.P. ('Marathon') closes Aircraft ABS Transaction with Airborne Capital Limited ('Airborne Capital') serving as advisor and servicer

2022-12-13 08:08 2427

SHANNON, Ireland, Dec. 13, 2022 /PRNewswire/ -- Airborne Capital announces the closing of its second asset backed securitisation ('ABS') transaction, MAST 2022-1. * Marathon is the sponsor of the ABS while Airborne Capital is the servicer * The $303.7 million ABS offered one tranche of notes,...

Venus Acquisition Corporation Announces Closing of Business Combination; MicroAlgo Inc. to trade on Nasdaq under the Symbol "MLGO".

2022-12-13 00:25 3234

NEW YORK, Dec. 12, 2022 /PRNewswire/ -- Venus Acquisition Corporation (the "Company" or "Venus") (NASDAQ: VENA) today announced that, onDecember 9, 2022, the Company closed the previously announced business combination (the "Business Combination") with VIYI Algorithm Inc. (the "VIYI") pursuant...

e& Enterprise invests into Bespin Global

2022-12-12 22:00 2767

* e& Enterprise, a leading digital transformation services provider based in Abu Dhabi, signed a definitive agreement to invest over $100 million to Bespin Global. * As a part of the investment structure, e& Enterprise and Bespin Global will form a joint venture to provide cloud managed and p...

LIBERTY Steel USA completes new debt raise

2022-12-12 20:05 1826

NEW YORK, Dec. 12, 2022 /PRNewswire/ -- LIBERTY Steel USA has successfully raised aUS$40m term loan with Eclipse Business Capital to refinance its existing term loan before its maturity inJanuary 2023. In addition to the new term loan, LIBERTY Steel USA increased its existing ABL with Eclipse Bu...

Lanvin Group and Primavera Capital Acquisition Corporation Announce Shareholder Approval of Business Combination; Trade Debut Expected on NYSE on December 15 Under Ticker "LANV"

2022-12-12 19:00 3137

* Business Combination expected to close on December 14, 2022 * Lanvin Group expected to begin trading on NYSE on December 15, 2022 under ticker "LANV" SHANGHAI, Dec. 12, 2022 /PRNewswire/ -- Lanvin Group (the "Group"), a global luxury fashion group, and Primavera Capital Acquisition Corporat...

Avalon SteriTech Raises US$9M in Pre-Series A Funding to Accelerate its Overseas Expansion and Product Development

2022-12-12 10:00 2346

The funding round joined by SoftBank Robotics Group and Cyberport Macro Fund HONG KONG, Dec. 12, 2022 /PRNewswire/ --  Avalon SteriTech ("Avalon"), a global start-up specializing in public health and environmental hygiene solutions, announced the close of a US$9 million funding in Pre-Series A rou...

Ma'aden Confirmed as Founding Partner of Saudi Arabia's Future Minerals Forum 2023

2022-12-09 11:35 2505

RIYADH, Saudi Arabia, Dec. 9, 2022 /PRNewswire/ -- Ma'aden, Saudi Arabia's leading mining company, today announced its sponsorship of the upcoming Future Minerals Forum (FMF), which will take place inRiyadh between 10-12 January 2023 . As Founding Partner, Ma'aden will showcase its latest achievem...

Japanese Healthcare Startup Ubie, Inc. Closes Extended Series C Round at $45 million, Establishes Subsidiary in NY

2022-12-08 16:00 2296

TOKYO, Dec. 8, 2022 /PRNewswire/ -- Ubie, Inc., a Tokyo-based healthcare startup, announced onDecember 8 that it has closed its Series C round at $45 million by raising $19 million in an extension round. The new funding will enable Ubie to accelerate its growth and strengthen its presence in the ...

Asahi Group Holdings to Launch Startup Investment Fund in US from January 2023

2022-12-08 14:00 2394

TOKYO, Dec. 8, 2022 /PRNewswire/ --  - Investing in US Startups, Entire Group Aims to Grow in New Areas by Leveraging Foundation of Existing Businesses - Asahi Group Holdings, Ltd. is pleased to announce that it has established an investment management company, Asahi Group Beverages & Innovation...

First Mode Secures $200 Million in Funding from Anglo American and Combines with nuGen Team

2022-12-07 23:31 2929

First Mode will develop clean energy system solutions to replace hundreds of diesel engines inAnglo American haul trucks SEATTLE, Dec. 8, 2022 /PRNewswire/ -- First Mode, a global carbon reduction company focused on heavy industry, and global mining companyAnglo American have signed a binding ag...

SQUADRON TO LEAD AUSTRALIA'S ENERGY TRANSITION

2022-12-07 20:42 4006

SQUADRON ENERGY ACQUIRES CWP RENEWABLES TO BECOME AUSTRALIA'S LARGEST RENEWABLE ENERGY INVESTOR, OPERATOR & DEVELOPER PERTH, Australia, Dec. 7, 2022 /PRNewswire/ -- Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable en...

Pacifico and Caravelle Postpone Closing of Merger Transaction

2022-12-07 20:00 3818

NEW YORK, Dec. 7, 2022 /PRNewswire/ -- Pacifico Acquisition Corp. (Nasdaq: PAFO; "Pacifico"), a publicly traded special purpose acquisition company, today announced that Pacifico and Caravelle Group Co., Ltd ("Caravelle"), an ocean technology company providing international shipping services and ...

Aeris to acquire IoT business from Ericsson

2022-12-07 19:38 4079

* Ericsson's IoT Accelerator and Connected Vehicle Cloud businesses and related assets to be transferred to Aeris. * Through the transaction, Aeris will become a market leader in IoT with strong synergies to create an unparalleled IoT offering for enterprises and new revenue streams for commu...

Autonomous driving startup HoloMatic raised $100 million in Series C funding, led by GAC Group, one of the largest China local OEM

2022-12-07 16:46 3085

BEIJING, Dec. 7, 2022 /PRNewswire/ -- In November 2022, HoloMatic, a full-stack autonomous driving technology company, announced that the C2 round of financing had recently completed. This round of financing is led by GAC Group, one of the largestChina local OEM, with ZhiDu investment and CHAOS i...

Australian entrepreneur Monique Conheady joins Wavemaker Impact as its newest Venture Partner

2022-12-07 08:00 3006

MELBOURNE, Australia, Dec. 7, 2022 /PRNewswire/ -- Wavemaker Impact, a climate tech venture builder, announces thatMonique Conheady has joined as its new Venture Partner forAustralia and New Zealand. With Monique leading its efforts inAustralia and New Zealand, Wavemaker Impact intends to launch ...

ACE Money Transfer and Allied Bank Limited, Giving Away 61 Samsung Galaxy S22 Ultra to Overseas Pakistanis

2022-12-06 00:03 2384

MANCHESTER, England, Dec. 6, 2022 /PRNewswire/ -- A renowned UK-based remittance provider, ACE Money Transfer, collaborates with one of the largest banks inPakistan, Allied Bank Limited (ABL), in line with Pakistan Remittance Initiative's (PRI) vision to augment recent plummeting remittance inflo...

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