Investment & Financing
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...
RWS GLOBAL ACQUIRES GREAT BIG EVENTS, PRODUCERS OF THE WORLD'S GREATEST SPORTING MOMENTS, CONTINUING TO RAISE THE BAR IN GLOBAL EVENT PRODUCTION
RWS Global, the Leader in Live Moments, Establishes Global Sports Division, RWS Global Sports NEW YORK, May 14, 2024 /PRNewswire/ -- RWS Global, the world leader in live moments, today announced the acquisition of Great Big Events (GBE), a leading sports event production company known for its wo...
Gausium Secures Landmark 50 Million USD in Series D Financing
SHANGHAI, May 14, 2024 /PRNewswire/ -- Gausium, a leading company of autonomous cleaning solutions, has achieved a significant milestone in its journey to revolutionize the industry. The company is proud to announce a strategic investment that brings its cumulative Series D financing to50 million...
HealthTech Bioactives Partners with Abolis for Sustainable Production of High-Value Polyphenols
PARIS, May 14, 2024 /PRNewswire/ -- HealthTech Bioactives (HTBA) has chosen Abolis as their partner to develop strains to produce valuable polyphenols, addressing supply chain challenges and driving innovation in the industry. Founded in 2019, after 40 years' experience under different ownership,...
Masan High-Tech Materials and Mitsubishi Materials Corporation Group Reached Framework Agreement
HO CHI MINH CITY, Vietnam, May 14, 2024 /PRNewswire/ -- Masan High-Tech Materials (HNX-UpCOM: MSR, "Masan High-Tech Materials", "MHT" or "Company") today announced that it had reached a framework agreement with Mitsubishi Materials Corporation Group ("MMC Group", and together with MHT, the "Parti...
Allozymes Raises $15 Million in Series A Funding, Poised to Revolutionize Industries with Enzymatic Solutions
SINGAPORE, May 14, 2024 /PRNewswire/ -- Allozymes, a leading innovator in enzyme discovery and engineering, today announced the closing of a$15 million Series A funding round led by Seventure Partners ofFrance and Xora Innovation of Singapore. This significant investment underscores the growing re...
Synechron Acquires iGreenData, a Digital Engineering Organization Headquartered in Melbourne, Australia
This acquisition enables Synechron to enhance its technological capabilities,
broaden its service offerings, and expand its coverage to the Australian market.
SYDNEY, May 14, 2024 /PRNewswire/ -- Synechron
MetisX, a fabless startup in South Korea, raises $44M in Series A funding
SEOUL, South Korea, May 13, 2024 /PRNewswire/ -- MetisX, a fabless startup based inSouth Korea, has recently secured $44 million in Series A funding, bringing its total funding to over$50 million. The company, established in 2022, focuses on developing intelligent memory solutions using Compute E...
CCI Global Expands Footprint in Kenya with Launch of US$ 50 Million Tatu City Call Centre
* Largest and most advanced Business Process Outsourcing (BPO) facility in Kenya commissioned by H.E. The President of Kenya, Dr. William S. Ruto * Over 5,000 new jobs created with US$ 50 million investment into CCI Tatu City * CCI announces commitment to create another 5,000 jobs with secon...
Linnovate Partners Announces Close of USD 40 Million Funding Commitment Led by SeaTown
SINGAPORE, May 10, 2024 /PRNewswire/ -- Linnovate Partners ("Linnovate"), a leader in asset servicing and fintech for the alternative investment industry, is pleased to announce the successful closure ofUSD 40 million funding commitment by SeaTown Private Capital Master Fund. SeaTown Private Capi...
Star Asia Group to Acquire 100% of Minacia Co. Ltd, a Leading Domestic Hotel Operator
TOKYO, May 9, 2024 /PRNewswire/ -- Star Asia Group is pleased to announce that it has entered into a share transfer agreement with Minacia Co., Ltd. ("Minacia") onApril 26, 2024, to acquire 100% of the shares of Minacia. 1． Reason for Share Acquisition Star Asia Group believes that the Japanese ...
Datarize Scores $11 M in Series B to Supercharge CRM Marketing for Shopify-Powered E-commerce Growth
SEOUL, South Korea, May 10, 2024 /PRNewswire/ -- Datarize, a leading provider of data-driven CRM marketing solutions inSouth Korea, just wrapped up a successful Series B funding round, securing$11 million. Atinum Investment led the round, with participation from Stonebridge Ventures and Mirae Ass...
XTEND SECURES $40M TO REDEFINE ROBOTICS WITH AI-POWERED COMMON SENSE
XTEND and its XOS operating system are unlocking the potential of robots and drones by empowering them with AI and partnering them with humans – providing them with the 'common sense' to navigate the unpredictable nature of real-world situations TEL AVIV, Israel, May 10, 2024 /PRNewswire/ -- XTE...
Dogness Announces Entry into US$5.0 Million Private Placement
PLANO, Texas, May 9, 2024 /PRNewswire/ -- Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced that it entered into a private placement transact...
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