Investment & Financing
ARKLYZ AG SUCCESSFULLY COMPLETES ACQUISITION OF LLOYD SHOES GMBH
LLOYD Shoes GmbH has been sold by Ara AG to Arklyz AG, a growing Swiss powerhouse in the sports and lifestyle sectors. Arklyz will provide strategic support and resources to further strengthen and grow LLOYD's wholesale, omnichannel and international business. SULINGEN, Germany, May 22, 2024 /PR...
Ex-Microsoft execs launch generative AI startup leveraging Apple Vision Pro with A$5.1 million investment
MELBOURNE, Australia , May 22, 2024 /PRNewswire/ -- AI venture studio
InnovateGPT Group
MARS ANNOUNCES PARTNERSHIP WITH TRIPADVISOR, CONNECTING TODAY'S PET PARENTS WITH BETTER TRAVEL EXPERIENCES
* Launching as part of the Mars brand CESAR® Canine Cuisine commitment to make the world a more dog-friendly place * New Pet Travel Hub will connect pet parents with local adventures, and support businesses looking to accommodate them * With 33% of pet parents altering travel plans because o...
Specialist Risk Group secures Warburg Pincus and Temasek as new major investor partners
LONDON, May 21, 2024 /PRNewswire/ -- Specialist Risk Group ("SRG"), the fast-growing, people and culture focussed, specialist insurance intermediary has today announced that it has signed a definitive agreement to be acquired by Warburg Pincus, a leading global growth investor, and Temasek,a glob...
PIF and WTA sign multi-year partnership to accelerate the growth of women's tennis globally
* In a historic moment for women's tennis, PIF will serve as the first-ever naming partner of the WTA Rankings * PIF and WTA will also work together to enhance and develop initiatives to support players at all levels NEW YORK, May 21, 2024 /PRNewswire/ -- The Public Investment Fund (PIF) and ...
Youlife International and Distoken Acquisition Corporation Announce Definitive Business Combination Agreement
Youlife International to Go Public in the U.S. Through such Business Combination, Opening up a New Horizon for Long-Term Development SHANGHAI, May 20, 2024 /PRNewswire/ -- Youlife International Holdings Inc., a leading blue-collar lifetime service platform inChina ("Youlife"), and Distoken Acqui...
MultiMetaVerse Signs Term Sheet to Acquire Innovative E-Commerce Service Provider Bowong AI
SHANGHAI, May 20, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers inChina, announced today that it has entered into a non-binding term sheet (the "Term Sheet") for the acquisition (the "Proposed Trans...
Aramco signs agreement with Pasqal to deploy first quantum computer in the Kingdom of Saudi Arabia
DHAHRAN, Saudi Arabia, May 20, 2024 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in theKingdom of Saudi Arabia. The agree...
Nature's Miracle Mutually Agrees to Terminate Plan to Merge with Agrify Corp.
ONTARIO, Calif., May 20, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, announced today that both Nature's Miracle and Agrify Corporation (NASDAQ: AGFY) ("Agrify"), have mutually ...
eWTP Arabia Capital's Technology Fund I Recognized as Top Performing VC Fund in the Preqin League Tables
RIYADH, Saudi Arabia, May 20, 2024 /PRNewswire/ -- eWTP Arabia Capital Technology Fund I ("Techology Fund I"), managed by eWTP Arabia Capital ("eWTPA"), one of the leading private equity firms in theMiddle East, was listed in the Preqin League Tables as the the fifth top-performing VC funds in t...
Osome Raises US$17M in Series B Funding
Money will be used to strengthen the balance sheet with a key objective to accelerate the path to profitability. SINGAPORE, May 17, 2024 /PRNewswire/ -- Osome, a leading finance admin platform for founders and small and medium businesses (SMBs), today announced it has concluded its Series B fund...
CUBE acquires global regulatory intelligence businesses from Thomson Reuters
LONDON, May 17, 2024 /PRNewswire/ -- CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses. The acquisition of these global businesse...
CUBE acquires global regulatory intelligence businesses from Thomson Reuters
LONDON, May 17, 2024 /PRNewswire/ -- CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses. The acquisition of these global businesse...
Seegene and Springer Nature Announce Strategic Alliance
- Strategic alliance aims to foster collaboration with researchers working in various disease fields by using best-in-class PCR diagnostic technology - Companies will facilitate C-level cooperation, strengthening the partnership for the SG OneSystem™ business (Seegene's technology-sharing busine...
KPS CAPITAL PARTNERS TO ACQUIRE INNOMOTICS FROM SIEMENS AG
A GLOBAL LEADER IN ELECTRIC MOTORS AND LARGE DRIVES NEW YORK, May 16, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire Innomotics GmbH ("Innomotics" or the "Company") from Siemens AG ("S...
WEKA Nets $140M in Series E Funding at $1.6B Valuation
Company Achieves Unicorn Status in Oversubscribed Round Led By Valor Equity Partners with Participation From NVIDIA, Generation Investment Management, Atreides Management and Others to Spur Continued Hypergrowth CAMPBELL, Calif., May 16, 2024 /PRNewswire/ -- WekaIO (WEKA), the AI-native data pla...
Stockholm Exergi announces permanent carbon removal agreement with Microsoft, world's largest to date
STOCKHOLM, May 15, 2024 /PRNewswire/ -- Stockholm Exergi has announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan,Stockholm. The agreement represents the world's largest p...
Tyfon, a Leading Art Marketplace, to Become a Public Company Through Business Combination with Global Technology Acquisition Corp. I
* Tyfon is a contemporary art marketplace in China with a differentiated offline to online ("O2O") platform * Compelling revenue and gross profit CAGRs of ~49% and ~52% (2021A-2024E), respectively * Attractive and profitable, net income of $23 million (2023A) and Adjusted EBITDA of$34 milli...
ACE Money Transfer Secures a Payment Institution License from Central Bank of Ireland
DUBLIN, May 15, 2024 /PRNewswire/ -- ACE Money Transfer, a leading global money transfer service, has secured a Payment Institution License from the Central Bank ofIreland. After months of thorough assessment and evaluation by the Irish Regulator, this significant milestone highlights ACE's dedic...
Plutonian Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, May 15, 2024 /PRNewswire/ -- Plutonian Acquisition Corp. (NASDAQ: PLTN, the "Company"), a special purpose acquisition company, announced today that Big Tree Cloud International Group Limited ("Big Tree Cloud") has deposited into the Company's trust account (the "Trust Account") an aggre...
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