Investment & Financing

GCL System Integration and Powin Energy Announce Joint Venture to Deliver Energy Storage Solution

2019-11-15 21:51 5577

MANILA, Philippines, Nov. 15, 2019 /PRNewswire/ -- GCL System Integration (GCL SI) and Powin Energy (Powin), today announced a joint venture, branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region.

DBS partners with Exiger, tech leader in risk and compliance solutions, to fend off evolving risks of financial crime

2019-11-15 12:07 1075

To harness screening technology powered by artificial intelligence to enhance customer screening processes SINGAPORE and NEW YORK, Nov. 15, 2019 /PRNewswire/ -- To fend off the evolving risks of financial crime,DBS Bank has partnered with Exiger, the global leader in tech-enabled financial crime...

LvYue Group Completed Several Hundred Million Dollars in Series A and A+ Financing Led by Tencent, Sequoia China, Baidu Capital and Goldman Sachs

2019-11-15 10:00 1345

BEIJING, Nov. 15, 2019 /PRNewswire/ -- On November 15, LvYue Group announced its several hundred million dollars Series A and A+ round financing led by Tencent, Sequoia China, Baidu Capital and Goldman Sachs, co-invested by Ocean Link, CITIC Trust, Oriza and CAISSA Travel. Fanzhuo Capital acted as...

Deltapath Brings its Industry-Leading UC Solutions and Dolby Voice to Asia Pacific Markets

2019-11-15 05:07 837

Experience how Deltapath UC solutions and partnerships are impacting customer experience, connecting companies, and making companies more competitive. SAN JOSE, California, Nov. 15, 2019 /PRNewswire/ -- Deltapath, who announced inSan Francisco, California in January an agreement with Dolby Labora...

iQIYI Intelligence Completes Series A Financing to Accelerate the Forging of VR/AR Ecosystem

2019-11-14 14:26 432

BEIJING, Nov. 14, 2019 /PRNewswire/ -- Chongqing iQIYI Intelligence Technology Co., Ltd. ("iQIYI Intelligence"), incubated and operated by iQIYI Inc., ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, announced that it has completedRMB 100 million Ser...

Pcysys Announces $10 Million Funding Round Completion

2019-11-14 04:00 697

Financing Accelerates Automated Penetration Testing Platform Market Expansion TEL AVIV, Israel, Nov. 14, 2019 /PRNewswire/ -- Cyber Security Risk Validation startup,Pcysys , announced today that it has completed a$10 million series-A funding round led by Canadian VC, Awz ...

Tradewind Announces $2.5 Million Credit Facility for Sustainable Homewares Company based in China and the USA

2019-11-13 21:00 660

NEW YORK, Nov. 13, 2019 /PRNewswire/ -- Tradewind has closed a $2.5 million trade finance facility for a company based inChina and the USA that sells sustainable, ecologically sourced, and manufactured homewares. The company exports to major retailers in the US including Amazon, Target, Kroger, a...

Luokung Technology Corp. Announces Acquisition of 51% of EMG and strategic investments from Geely Technology and Acuitas Capital

2019-11-13 21:00 635

BEIJING, Nov. 13, 2019 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company inChina, today announced that Geely Technology Gr...

Acclime further strengthens its presence in the region with the acquisition of Mansec Corporate Consultant in Malaysia

2019-11-13 15:00 687

HONG KONG, Nov. 13, 2019 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, announces today that it has completed the acquisition of Mansec Corporate Consultant Sdn Bhd inMalaysia, taking its presence to five Asian markets.  Mansec is a leading and reputable corporate secre...

Global urology leader Advanced MedTech co-leads SonoMotion's US$10 million Series B fundraising

2019-11-12 20:42 526

SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- Advanced MedTech Holdings (AMTH), Southeast Asia's largest medical device business, today announces it has co-led aUS$10 million Series B funding in SonoMotion, a US-based medical device startup, together with its existing investors MedVenture Partners, In...

Stone Street Group Initiates Coverage On BiomX Inc.

2019-11-12 20:25 354

NEW YORK, Nov. 12, 2019 /PRNewswire/ -- Stone Street Group has announced it has initiated coverage on BiomX Inc (NYSE: PHGE). The full report can be found here: PHGE Report Ke...

Volkswagen Joins SEMI; Membership to Advance Automotive Electronics

2019-11-12 18:00 431

MILPITAS, California, Nov. 12, 2019 /PRNewswire/ -- SEMI, the industry association serving the global electronics manufacturing and design supply chain, announced today that leading German vehicle manufacturer Volkswagen AG has joined SEMI. SEMI membership will give Volkswagen access to SEMI core...

FinTech firms in Singapore attract most global funding within ASEAN according to report by UOB, PwC and SFA

2019-11-12 16:30 13562

SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- Financial technology (FinTech) firms in Singapore continued to attract the lion's share of global funding among ASEAN countries, receiving more than half (51 per cent) of funding for the region according to theFinTech in ASEAN: From Start-up to Scale-up rep...

Beyond Ventures leads US$3m investment in Mapxus - a promising start-up in the nascent indoor-mapping industry

2019-11-12 15:00 848

HONG KONG, Nov. 12, 2019 /PRNewswire/ -- Hong Kong-based venture capital fund Beyond Ventures is spearheading a US$3 million investment project to benefit Mapxus, one of Apple's Indoor Mapping Data Format (IMDF) platform service providers.   Founded by an impassioned team of professors, tech pro...

ATAI Life Sciences and Cyclica launch joint venture to revolutionize drug development for mental health disorders

2019-11-11 21:45 559

BERLIN and TORONTO, Nov. 11, 2019 /PRNewswire/ -- ATAI Life Sciences AG, a global biotech platform that envisions an end to mental illnesses, andCyclica Inc., a leading biotechnology company that leverages artificial intelligence and computational biophysics to streamline the drug discovery proce...

SKF Acquires Software Development Start-up

2019-11-11 21:41 3047

GOTHENBURG, Sweden, Nov. 11, 2019 /PRNewswire/ -- SKF has completed the acquisition of Form Automation Solutions (FAS), a US-based software development start-up company. FAS has developed GoPlant, a mobile-based asset inspection and data collection solution used in industrial applications. The t...

Intercontinental Exchange Partners With ADNOC and Some of the World's Largest Energy Traders in the 2020 Launch of ICE Futures Abu Dhabi, a New Futures Exchange

2019-11-11 20:53 1226

LONDON, Nov. 11, 2019 /PRNewswire/ -- Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Abu Dhabi National Oil Company (ADNOC) and nine of the world's largest energy traders are ...

WOG Group Successfully Exits Patong Reuse Water Treatment Plant

2019-11-11 14:00 655

BANGKOK, Nov. 11, 2019 /PRNewswire/ -- WOG ITR Water Solution Company Limited based inThailand ("WOG ITR") has been successfully acquired by Wiik Water Company Limited ("Wiik Water"), a subsidiary of Wiik & Hoeglund Public Company Limited. WOG ITR is a Project SPV of WOG Group for the concession ...

Akeso, Inc. Completes Series-D Private Financing for US$150 Million

2019-11-09 00:43 1519

ZHONGSHAN, China, Nov. 9, 2019 /PRNewswire/ -- Akeso, Inc. (hereinafter referred to as "Akeso") announced the completion of its Series-D private financing for nearlyUS$150 million, which was co-led in investment by Loyal Valley Capital ("LVC") and Sino Biopharmaceutical Co. Ltd. ("Sino Biopharm")...

Exact Sciences Completes Combination with Genomic Health, Creating Leading Global Cancer Diagnostics Company

2019-11-08 21:24 5802

MADISON, Wisconsin, Nov. 8, 2019 /PRNewswire/ -- Exact Sciences Corp. (NASDAQ: EXAS) today announced that it has completed itspreviously announced combination with Genomic Health, Inc. (NASDAQ: GHDX). "Today marks a pivotal step toward building the world's leading advanced cancer diagnostics co...

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