Investment & Financing

Engrail Therapeutics Closes Oversubscribed $157M Series B Financing Round to Advance the Development of Transformational Therapies

2024-03-20 11:00 3149

Proceeds to Support Advancement of Engrail's Pipeline for Neuropsychiatric and Neurodevelopmental Disorders  SAN DIEGO, March 20, 2024 /PRNewswire/ -- Engrail Therapeutics™ (Engrail) (the Company), a precision neuroscience company focused on the development of transformational therapies to impro...

Terra Drone Invests in Aloft Technologies to Enter U.S. Market, Boost Global UTM Development

2024-03-20 08:00 2723

Terra Drone is now the largest shareholder of Aloft, the largest FAA-Approved UAS Service Supplier powering over 84% of all airspace authorizations TOKYO, March 19, 2024 /PRNewswire/ -- Terra Drone Corporation (Terra Drone), a leading drone and Advanced Air Mobility (AAM) technology provider hea...

Adam Goodes' Black Excellence Fund headlines Impact Investment Summit, raises awareness on investing into Indigenous businesses

2024-03-20 07:00 2448

SYDNEY, March 20, 2024 /PRNewswire/ -- Football great and CEO and Founder of Indigenous Defence and Infrastructure Consortium (iDiC ), Adam Goodes' Black Excellence Fund headlines this years' Impact Investment Summit as part of its goal o...

Samsung Medison and Bracco Imaging Forge Path with New Diagnostic Ultrasound Technology Agreement at ECR 2024

2024-03-19 18:00 3739

The collaboration aims to improve ultrasound contrast agent utilization and image resolution, streamline workflow, and enhance clinical benefits for users and patients. MILAN, March 19, 2024 /PRNewswire/ -- Samsung Medison (CEO, Mr. Yongkwan Kim) and Bracco Imaging (CEO, Dr. Fulvio Renoldi Bracc...

Blitz Raises Additional $1.6 Million in Oversubscribed Seed Extension Funding to Accelerate AI and EV Logistics Expansion Across Indonesia

2024-03-19 15:50 5308

This is Blitz's third round of funding since commencing operations in 2022. The company secured additional funding across Q3 2023 and Q1 2024 from notable international and regional investors, includingADB Ventures , Iterative VC , FiveFortyA...

YuppTV Secures Digital Telecast Rights for TATA IPL 2024 Across 70+ Countries

2024-03-19 14:35 4404

ATLANTA, March 19, 2024 /PRNewswire/ -- YuppTV, a global leader in internet-based TV and on-demand South Asian content, today announced that it has successfully achieved the acquisition of digital streaming rights for the highly anticipated 17th edition of the TATA IPL 2024. The most popular cri...

Enfinity Global completes a minority sale of its 400 MW operating portfolio in the United States to Kyushu Electric

2024-03-19 14:30 3165

MIAMI, March 19, 2024 /PRNewswire/ -- Enfinity Global Inc., a leader in renewable energy, today announced the successful completion of a minority sale in its 400 MW U.S. operating portfolio to Kyushu Electric Power Co. Inc. (Kyushu Electric), a leading Japanese utility. Kyushu Electric has now a ...

Enfinity Global completes a minority sale of its 400 MW operating portfolio in the United States to Kyushu Electric

2024-03-19 14:30 2486

MIAMI, March 19, 2024 /PRNewswire/ -- Enfinity Global Inc., a leader in renewable energy, today announced the successful completion of a minority sale in its 400 MW U.S. operating portfolio to Kyushu Electric Power Co. Inc. (Kyushu Electric), a leading Japanese utility. Kyushu Electric has now a ...

Databricks and NVIDIA Deepen Collaboration to Accelerate Data and AI Workloads with the Data Intelligence Platform

2024-03-19 07:46 1988

SAN FRANCISCO, March 19, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced an expanded collaboration and commitment to deeper technical integrations with NVIDIA during the company's flagshipGTC 2024 conference. Together, Databricks and NVIDIA will optimize data and AI work...

Sensor Tower acquires market intelligence platform data.ai

2024-03-18 23:00 3352

The acquisition of global mobile app intelligence company data.ai furthers Sensor Tower's goal of measuring the world's digital economy SAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Sensor Tower, a leading provider of data on the digital economy, announced today that it has acquired market ...

Cisco Completes Acquisition of Splunk

2024-03-18 21:05 3798

It's a new day for your data. Cisco, supercharged by Splunk, will revolutionize the way companies harness data to connect and protect every aspect of their organizations. News summary * Cisco is now uniquely poised to power, protect, and advance the AI revolution for customers * Cisco will ...

Uxin Announces Entry into a Term Sheet for Financing

2024-03-18 17:00 3237

BEIJING, March 18, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN),China's leading used car retailer, today announced that it has entered into a term sheet with Xin Gao Group Limited ("Xin Gao") and an investment fund focusing on automobile related industries ("NC Fund,...

E-commerce data service company "EchoTik" has secured tens of millions of RMB from angel financing, aims to be International Business Advisor

2024-03-18 16:17 2708

BEIJING, March 18, 2024 /PRNewswire/ -- EchoTik, an independent TikTok third-party data service company (https://echotik.live ) has completed an angel round of financing worth tens of millions of RMB. This round of funding was led byYang Jinhe (King), the founder of Ziniao ...

The Philippines' National Development Company and Investible Forge Partnership to accelerate the Net Zero transition

2024-03-18 13:58 3985

SYDNEY and MANILA, Philippines, March 18, 2024 /PRNewswire/ -- Investible and the Philippines' National Development Company (NDC) have signed a Letter of Intent for a partnership aimed at accelerating the decarbonization of industries inthe Philippines. The partnership ...

Virtus Medical Group Announces New Strategic Investors

2024-03-14 19:43 4987

Shanghai Healthcare Capital, along with Mitsui and MediTrust, invest in and partner strategically with Virtus, cementing Virtus'sLeadership in Private  Healthcare Services, and Propelling Healthcare Innovation. HONG KONG, March 14, 2024 /PRNewswire/ -- Virtus Medical Holdings Limited ("Virtus Med...

Autonomous Driving Innovator EACON Secures $44.5 Million in Series C++ Funding, Surpassing $97.3 Million Raised in 6 Months

2024-03-14 09:00 3799

BEIJING, March 14, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured$44.5 million USD in Series C++ financing, led by Zijin Mining. With the completion of Series C and Series C+ financing, EACON has raised a total of$97.3 million USD in equity financing w...

Gayatri Sarkar, Founder and CEO of Advaita Capital, named as crown Patron for the Princess Grace Foundation

2024-03-14 04:06 3505

BOSTON, March 14, 2024 /PRNewswire/ -- Advaita Capital, a growth venture capital firm specializing in deep tech and decarbonization investments, proudly announces its founder and CEO,Gayatri Sarkar, has been appointed as a crown patron for the prestigious Princess Grace Foundation ofUSA. Overseen...

Update on Lunit's Acquisition of Volpara: New Zealand High Court Initial Approval Secured

2024-03-13 21:00 2893

- Volpara shareholder meeting to be held on April 12, 2024: Culminating the acquisition journey for Lunit, finalization set for May SEOUL, South Korea, March 13, 2024 /PRNewswire/ -- Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, today ...

Unlocking the Next Level: New Funding Programme Aims to Scale Fashion Innovation

2024-03-13 14:23 2722

COPENHAGEN, Denmark, March 13, 2024 /PRNewswire/ -- Global Fashion Agenda  (GFA), a non-profit organisation accelerating the transition to a net positive fashion industry, has collaborated withPDS Ventures, the innovation and investment arm ofPDS Limited,to launch a new Trailblazer Programme. The ...

Baird Medical and ExcelFin Acquisition Corp Announce Strategic Update to Business Combination Terms to Reinforce Long-Term Value Creation Opportunity and Alignment with Shareholders

2024-03-12 19:00 3195

* Baird Medical agreed to subject 30% of its shares to be received in the transaction to an earnout at a$12.50 trading price * Minimum cash condition of $15 million has been waived, cementing certainty and expediency to our transaction close * Upon closing, Baird Medical is expected to trade...

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