Investment & Financing
HydroX AI Announces Closing of $4 Million Angel Funding Round and Launches EPASS
The AI Startup Aims to Deliver Safety and Security for AI Large Language Models SAN JOSE, Calif., June 25, 2024 /PRNewswire/ -- HydroX AI, an artificial intelligence (AI) startup with the industry's first comprehensive all-in-one large language model (LLM) safety and security platform, today anno...
Jacobi releases Model Portfolio Tech to help investment firms capitalise on booming opportunity
The search for technology to support model portfolio management and portfolio construction services is increasing as companies look to centralise and scale their model portfolio management and compete in a rapidly growing market. BRISBANE, Australia, June 26, 2024 /PRNewswire/ -- The utilisation ...
k-ID Closes $45 Million Series A from Andreessen Horowitz and Lightspeed Venture Partners to Set a New Global Benchmark for Age-appropriate Gaming Experiences
k-ID is a cross-platform, instant sign-on solution for kids and teens built as an all-in-one answer for solving the complex issue of privacy and online safety worldwide. This latest of three funding rounds in less than nine months comes as a result of unprecedented traction from major publishers...
Endogenex™ Announces $88 Million Series C Financing to Complete Pivotal Trial of the ReCET™ System in Patients with Type 2 Diabetes
Oversubscribed financing led by strategic investor, with participation from new and existing investors MINNEAPOLIS, June 25, 2024 /PRNewswire/ -- Endogenex, a clinical-stage medical device company dedicated to improving outcomes in individuals with type 2 diabetes, announced it has closed an ove...
Moon Creative Lab Welcomes Community of Individuals, Corporations, and Startup Teams To Build Innovative New Businesses
New programs launched to build with founders and corporations across every stage from early idea development to scaling for growth in the market PALO ALTO, Calif. and TOKYO, June 25, 2024 /PRNewswire/ -- Moon Creative Lab, a venture studio that powers the creation of new businesses, today announc...
COMPREDICT Secures $15M Series B Funding Round Led by Woven Capital
New funding to scale automotive virtual sensors that replace hardware, add
advanced features and enable car-centric apps as the industry shifts to
software-defined vehicles.
DARMSTADT, Germany, June 25, 2024 /PRNewswire/ -- COMPREDICT
BIDV selects OpenWay for CMS replacement, advancing towards digital excellence
MONT-SAINT-GUILBERT, Belgium, June 25, 2024 /PRNewswire/ -- The Joint Stock Commercial Bank for Investment and Development ofVietnam (BIDV), the largest bank inVietnam by assets ($72 billion), has chosen OpenWay, an acclaimed payment technology vendor, to spearhead its digital transformation proj...
DXC Luxoft and ECARX partnership boosts advanced innovation capabilities for automotive manufacturers
ECARX to combine industry-leading full-stack digital cockpit and driver assistance technology with DXC Luxoft's deep domain expertise, enabling automotive manufactures to enhance the user experience ZUG, Switzerland, June 25, 2024 /PRNewswire/ -- ECARX (Nasdaq: ECX) and DXC Luxoft (NYSE: DXC) to...
IBISA raises $3 million to scale parametric insurance solutions, strengthening climate resilience across Asia and Africa.
LUXEMBOURG, June 25, 2024 /PRNewswire/ -- IBISA
Tiger New Energy's Battery Swapping Technology Receives US$3.5M Push
The injection of funds will enable the Bangladeshi startup to empower more
drivers through an expanded network of battery swapping stations.
DHAKA, Bangladesh, June 25, 2024 /PRNewswire/ -- In the bustling streets of
Bangladesh, where millions rely on three-wheelers daily, Tiger New Energy
Hydrexia and NovaAir Sign Memorandum of Understanding for Hydrogen Business Development in India
NEW DELHI and SHANGHAI, June 24, 2024 /PRNewswire/ -- Hydrexia Singapore Pte Ltd, a wholly-owned subsidiary of Hydrexia Holding Limited (Hydrexia), a leading integrated hydrogen solution provider inChina, and NovaAir Private Limited (NovaAir), a PAG investee company inIndia today announced that t...
CLOU Unveils New Energy Storage Solution and Signs Multiple European Partnerships at ees Europe
MUNICH, Germany, June 24, 2024 /PRNewswire/ -- In its third showing at ees Europe, CLOU is releasing new energy storage solutions and products that will helpEurope continue its transition to clean energy. These new releases include the CLOU Engineering & Procurement Package ("EP Package") solutio...
KPS CAPITAL PARTNERS TO SELL EVIOSYS TO SONOCO FOR €3.615 BILLION
NEW YORK, June 24, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into an agreement for its portfolio company, Eviosys (the "Company"), to be sold to Sonoco Products Company ("Sonoco", NYSE: SON), aHartsville, South Carolina-based global leader in high-...
Taipei Internet Exchange and AMS-IX Hong Kong expand connectivity network with global reach
CHIEF, HGC and AMS-IX enter into partnership HONG KONG, June 24, 2024 /PRNewswire/ -- Chief Telecom (CHIEF), the operator ofTaiwan's largest Internet Exchange (TPIX), the world's leading Internet ExchangeAMS-IX, and HGC Global Communications Limited (HGC), a fully-fledged ICT service provider an...
Delta Electronics and Texas Instruments Unveil Joint Innovation Laboratory to Develop Advanced Power Systems for Electric Vehicles
TAIPEI, June 21, 2024 /PRNewswire/ -- Delta, a global leader in power management and a provider of IoT-based smart green solutions, today announced the establishment of a joint innovation laboratory with Texas Instruments (TI), a global semiconductor leader. With TI's innovative technologies and ...
Virtual IT Group signs definitive agreement to secure investment from The Riverside Company to accelerate growth
SYDNEY, June 21, 2024 /PRNewswire/ -- Leading Australian IT Managed Service
Provider,Virtual IT Group
Airtel Africa embarks on digital customer value management of 150 million subscribers with WebEngage
MUMBAI, India and DUBAI, UAE, June 20, 2024 /PRNewswire/ -- Airtel Africa, a
leading telco group with more than 150 million subscribers across 14 African
countries, has partnered with WebEngage, to drive its digital customer base
management.
Masdar and GEK TERNA Strike Landmark €3.2bn¹ Deal: UAE Renewables Champion to Acquire Greece's TERNA ENERGY
* Deal represents largest ever energy transaction on Athens Stock Exchange, and one of largest in EU renewables Industry * Masdar has signed a definitive agreement with GEK TERNA and other shareholders to acquire initially 67%2 of the outstanding shares of TERNA ENERGY at completion of the tr...
BEST Inc. Enters into Definitive Agreement for "Going Private" Transaction
HANGZHOU, China, June 20, 2024 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agre...
Norfund grants US$30 million convertible loan to SeABank
HANOI, Vietnam, June 20, 2024 /PRNewswire/ -- Norfund, the Norwegian Investment
Fund for Developing Countries, has decided to investUS$30 million to Southeast
Asia Commercial Joint Stock Bank (SeABank
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