Investment & Financing
Beauty Industry's Largest Acquisition to Date in 2024, Beauty Farm Acquires 70% of Naturade, China's Second-Largest Industry Player
HONG KONG, March 27, 2024 /PRNewswire/ -- Beauty Farm Medical and Health Industry Inc. ("Beauty Farm" or the "Company")(02373.HK), one of China's largest beauty and wellness service providers and aesthetics medical brands, is pleased to announce its acquisition of a 70% equity interest in the cor...
EIPGRID Acquires FE and Ventures into 'VPP+EaaS' Business
* EIPGRID, a renowned global provider of community energy solutions, embarks on a groundbreaking initiative by launching its own community energy service in Jeju Island, Korea. * This marks the first step and a significant leap towards establishing the innovative 'VPP+EaaS' business ecosystem...
Two Decades Post-IPO, Weichai Power's Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends
A Legacy of Growth: Weichai Power Champions Unprecedented Expansion and Returns Innovation Through Unity: Weichai Leads with a Vision for Shared Value Development WEIFANG, China, March 26, 2024 /PRNewswire/ -- Weichai Power Co., Ltd. (2338.HK, 000338.SZ), in its latest annual report released onM...
Quobly Partners with Nanoacademic Technologies, Inc. to Enhance Silicon Spin Qubits for Quantum Computing
GRENOBLE, France, March 26, 2024 /PRNewswire/ -- Quobly, a leader in silicon spin qubit-based quantum computing, is proud to announce its partnership with Nanoacademic Technologies, a renowned provider of digital simulation & modeling tools for quantum technologies. This announcement marks a majo...
Hang Seng Bank Launches HKD 33 Billion SME Power Up Fund
Supporting SMEs with a Dedicated Loan Hotline and Online Application Platform to Bolster Hong Kong's Economy HONG KONG, March 26, 2024 /PRNewswire/ -- Hang Seng Bank ('Hang Seng') today unveiled theHKD 33 Billion SME Power Up Fund, a strategic initiative to support the growth, cross-boundary dev...
PATEO, a Leading Enterprise in Automotive Intelligence Industry, Secures Another Equity Financing of Approximately 1.5 Billion Yuan
SHANGHAI, March 26, 2024 /PRNewswire/ -- PATEO, an automotive intelligence industry player, has recently successfully secured a new round of financing of 1.5 billion yuan, which will be primarily invested in the R&D of a new generation of intelligent integrated domain control products, and used to...
Keystone Education Group acquires Asia Exchange and Edunation
NEW STUDY PATHWAYS TO ASIA, EUROPE, AND LATIN AMERICA OSLO, Norway and TAMPERE, Finland, March 26, 2024 /PRNewswire/ -- Keystone Education Group ("Keystone") has announced today the acquisition of global education providers, Edunation and Asia Exchange. Fredrik Högemark, CEO of Keystone, said, "...
iKala Secures Over $20 Million in Series B+ Funding, Led by Chunghwa Telecom
Partnership to Focus on AI, Big Data, Cloud (ABC) Strategies TAIPEI, March 26, 2024 /PRNewswire/ -- iKala announced the successful completion of its Series B+ funding round today, led by Chunghwa Telecom. The total raised amount is$20.8 million (approximately NT$660 million), pushing iKala's to...
BorgWarner, Goodman Group, Windrose EV trucks, and Decathlon collaborate on one of the world's fastest mega-watt chargers
HONG KONG, March 26, 2024 /PRNewswire/ -- With customers looking to decarbonise their supply chains, BorgWarner New Energy (Xiangyang) Co., Ltd. has announced a collaboration with global industrial real estate company Goodman Group, and zero-emission long-haul truck developer Windrose Technology,...
TCab Tech closes Series A financing with additional 20 million USD
SHANGHAI, March 26, 2024 /PRNewswire/ -- TCab Tech announces it has raised an
additional20 million USD in its Series A financing. The exclusive investment
comes from a strategic investment fund which plans to introduce the air-taxi
application in theMiddle East region.
BII and Idemitsu partner with Skye Renewables to accelerate decarbonisation in South-East Asia
* A joint investment from BII and Idemitsu will support the renewable energy platform's target to build over 300 MW of greenfield solar power capacity for commercial and industrial customers in the region. * The solar projects are expected to help displace consumption of on-grid electricity a...
TEXTHELP AND N2Y JOIN FORCES TO MAKE EDUCATION AND THE WORKPLACE MORE INCLUSIVE FOR EVERYONE
* n2y, a trailblazer in special education curriculum resources, and Texthelp, the global leader in literacy and assistive technology have agreed to merge * The combined business will globally serve learners with diverse needs as well as employees in the workplace across the entire neurodiverse...
Hancom announces strategic investment in Spanish AI biometric company FacePhi
* Hancom acquires exclusive business rights to FacePhi in APAC region * Hancom to establish bridgehead for entering the overseas AI market by selling under Hancom brand (white labeling) * FacePhi holds facial recognition technology with world-class security BARCELONA and SEOUL, South Korea,...
Moondance Labs Announces $6 Million Funding to Boost Development of Tanssi Protocol
TORTOLA, British Virgin Islands, March 22, 2024 /PRNewswire/ -- Moondance Labs, the creators of the innovative Tanssi appchain infrastructure protocol, have announced a successful$6 million funding round. The round was jointly led by Scytale Digital, KR1, and SNZ, and saw participation from promi...
Cemvision raises €10M in landmark climate tech seed round
STOCKHOLM, March 22, 2024 /PRNewswire/ -- Sweden, the leading climate tech ecosystem in the EU by investment volume in 2023, is up for this year too. In the largest known green cement seed round to date, Swedish Cemvision joins forces with its compatriot investors Polar Structure and BackingMinds...
HEADFIRST GROUP AND IMPELLAM GROUP JOIN FORCES TO BECOME A GLOBAL LEADER IN STEM, DIGITAL AND IT TALENT, MANAGED SERVICES AND HR TECH
LONDON, March 21, 2024 /PRNewswire/ -- HeadFirst Group and Impellam Group today announced that they have joined forces to become one of the world's leading STEM talent and Managed Service Providers with a distinctive HR tech platform for professionals. The expanded group has €8 billion spend unde...
Borderless AI Launches from Stealth with $27M Investment to Bring World's First AI Agent to HR Space
The company is building AI agents for the global HR industry, leveraging conversational AI to automate and speed up the process of on-boarding, managing, and paying international team members. TORONTO, March 21, 2024 /PRNewswire/ -- Borderless AI, the AI-powered startup disrupting the Emplo...
Clarivate Acquires AI Start Up to Accelerate Strategy and Business Development Success for Life Sciences & Healthcare Clients
Acquisition of MotionHall reinforces strategy to lead market-specific solutions, including workflows and expert services fuelled by industry vertical AI LONDON, March 21, 2024 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT) a leading global provider of transformative intelligence, has announced an agr...
Cicada x Tech23 applications open, as Cicada urges all founders to consider: "am I deep tech?"
SYDNEY, March 21, 2024 /PRNewswire/ -- Australia's flagship deep tech incubator
Cicada Innovations
Johnson Matthey signs agreement to sell its Medical Device Components business for US$700m
Johnson Matthey Plc This announcement contains inside information LONDON, March 20, 2024 /PRNewswire/ -- Johnson Matthey Plc (JM) announces that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consider...
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