Investment & Financing

Adani Cement refinances USD 3.5 billion from 10 international banks, terming out the acquisition finance facility by a tenor of 3 years

2023-10-24 14:00 5225

Strong underlying business reflected in the unwavering confidence from global financial institutions Editor's Synopsis  * Adani Cement, through Endeavour Trade and Investment Ltd has entered into definitive agreements for a fresh facility ofUSD 3,500 million for refinancing of the debt taken ...

ESR raises additional 3rd-party equity for last phase of 650,000 sqm multi-billion logistics landmark development in Greater Tokyo

2023-10-24 12:24 4790

* Sale of remaining undeveloped land to ESR-managed development joint-venture RJLF3 signals final stage in the wider development of Higsahi Ogishima scheme which was previously acquired by ESR and ESR-managed capital in 2016 * Previously raised 3rd party capital was invested in first phase of ...

Technology-driven supply chain provider Inteluck announces US$34 Million in Series C Funding

2023-10-24 11:00 6433

SINGAPORE, Oct. 24, 2023 /PRNewswire/ -- Inteluck , a technology-driven supply chain solution provider inSoutheast Asia, is pleased to announce the successful completion of its Series C funding round, securingUS$34 million in investment. The round was led by Philippi...

Beyond Ventures Applauds the Launch of RAISe+ Scheme

2023-10-24 08:30 3040

A Game-Changing Initiative for Research Teams in Hong Kong Universities to commercialize their R&D outcomes HONG KONG, Oct. 24, 2023 /PRNewswire/ -- Hong Kong-based venture capital firm Beyond Ventures is pleased to applaud the launch of the "Research, Academic & ...

LifeSpan Vision Ventures Invests in Matter Bio

2023-10-24 03:40 3414

NORWALK, Conn., Oct. 24, 2023 /PRNewswire/ -- LifeSpan Vision Ventures today announced an investment in Matter Bio, a longevity holding company focused on preserving genome integrity. Central to the company's philosophy is that as we age, our genome is constantly being damaged by exogenous and en...

XINGIMAGING and MITRO BIOTECH CO., LTD. MERGE TO DELIVER FULL-SERVICE CRO OPERATIONS TO GLOBAL RESEARCH INITIATIVES

2023-10-23 22:38 2349

NEW HAVEN, Conn., Oct. 23, 2023 /PRNewswire/ -- XINGIMAGING, LLC, and MITRO Biotech Co., Ltd., two recognized lead companies offering quality and excellence in drug development and imaging solutions, have merged to create one company dedicated to providing a full spectrum of CRO & CDMO research s...

Databricks Agrees to Acquire Arcion, the Leading Provider for Real-Time Enterprise Data Replication Technology

2023-10-23 21:00 2063

Arcion's connectors will simplify and accelerate ingesting data from enterprise databases to the Databricks Lakehouse Platform SAN FRANCISCO, Oct. 23, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced it has agreed to acquire Arcion, a Databricks Ventures portfolio compan...

BIMA MILVIK announces acquisition by CapitalSG and successful restructuring

2023-10-23 15:00 3091

SINGAPORE, Oct. 23, 2023 /PRNewswire/ -- BIMA MILVIK, the global digital health and insurance company, announces its acquisition by CapitalSG and the completion of a successful restructuring and recapitalisation. CapitalSG, a Singapore-based investment and advisory firm, has acquired a substanti...

PopChill x Entrupy Release Annual Taiwan Second-Hand Luxury Goods Report

2023-10-23 13:23 5584

TAIPEI, Oct. 23, 2023 /PRNewswire/ -- PopChill Corp, a second-hand luxury goods marketplace, announced the completion of its Pre-A+ round of funding onOctober 19th, and in collaboration with Entrupy, an AI powered international luxury goods authenticator, jointly released the 2023 annualTaiwan se...

Protos Labs Raises SGD $3 Million in Oversubscribed Seed Round to Revolutionize Cyber Risk Management

2023-10-23 11:21 2266

SINGAPORE, Oct. 23, 2023 /PRNewswire/ -- Protos Labs, a pioneering cyber risk management company, today announced a successful seed round funding of SGD$3 million. The company plans to use the funds to accelerate its global expansion and product development, as it works to revolutionize the cyber...

PIF and Hyundai Motor Company Sign Joint Venture Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia

2023-10-23 09:07 5862

* The joint venture will leverage Hyundai's global automotive leadership to localize manufacturing inSaudi Arabia * The total investment for the manufacturing plant is estimated to exceed $ 500 millionand will manufacture both internal combustion engines and electric vehicles RIYADH, Saudi Ara...

Cosmos Innovation Emerges from Stealth with $19.7 Million to Accelerate Solar Transition to Perovskite Silicon Tandem with Industry-First Self-Learning AI Fab Platform

2023-10-20 15:00 2843

As conventional solar technology reaches its fundamental limits, Cosmos gains speed with 10x faster process development of perovskite silicon tandem technology through the company's Mobius AI platform SINGAPORE, Oct. 20, 2023 /PRNewswire/ -- Cosmos Innovation, an AI-first company building n...

Taiwan's fashion luxury marketplace PopChill receives a US$1.9 million investment to expand into the Hong Kong market

2023-10-20 08:00 4772

TAIPEI, Oct. 20, 2023 /PRNewswire/ -- PopChill, a Taiwan-based fashion luxury marketplace, announced onOctober 19th that it has secured an investment of US$1.9 million. The investors in this round include ITIC, AVA Angels Fund, 500 Global, Acorn Pacific Ventures, andDarwin Venture. Including the ...

Bamboo Rose Accelerates Next Generation of Retailer and Supplier Collaboration with Supply Pilot Acquisition

2023-10-19 20:18 2666

Combination of Bamboo Rose and Supply Pilot will empower active supplier engagement throughout the entire retail lifecycle, from ideation to delivery.  BOSTON, Oct. 19, 2023 /PRNewswire/ -- Bamboo Rose, the leading collaborative product development, sourcing, and supply chain platform for global ...

Malteurop sets out to conquer new markets, with the inauguration of its new malthouse in Mexico

2023-10-19 20:00 3474

REIMS, France and MEOQUI, Mexico, Oct. 19, 2023 /PRNewswire/ -- Vivescia Group, a French cooperative agri-food group with operations in 25 countries around the world,today inaugurated a new malthouse for its malting business in Meoqui (Chihuahua state –North Mexico), in the presence of all the...

REALM Events and Unicorn Group Announce Strategic Joint Venture

2023-10-19 01:47 2311

LAS VEGAS, Oct. 18, 2023 /PRNewswire/ -- REALM Events , Asia's fastest-growing DMC and Event Management Company, andUnicorn Group , one of Australia's most creative event agencies, has announced its strategic joint venture to coincide w...

GCL Asia signs Business Combination Agreement with RF Acquisition Corp to go public in a SPAC merger valuing the video game distributor & publisher at US$1.2 billion.

2023-10-18 23:34 5722

* GCL Asia is a leading video game distribution and publishing group in Asia, with more than 2100 online and offline retail touchpoints for game distribution. * GCL has been the exclusive distributor in Asia for 50% of the best-selling games since 2011 and has recently expanded into game publis...

GDS Formalizes Joint Venture with INA, Propelling Digital Infrastructure Development in Indonesia

2023-10-18 21:57 4694

BEIJING, Oct. 18, 2023 /PRNewswire/ -- GDS, a leading developer and operator of high-performance data centers inAsia, has officially formed a joint venture with Indonesia Investment Authority (INA),Indonesia's sovereign wealth fund, aiming to propel the growth and advancement of the data center l...

CJ Foods Partners with T&R Biofab to Shape the Future of Food

2023-10-18 21:00 3087

CJ Foods and T&R Biofab aim to synergize their unique expertise and technologies to bring to the market innovative food products SEOUL, South Korea, Oct. 18, 2023 /PRNewswire/ -- CJ Foods, a business unit of South Korea-based CJ CheilJedang, announced that it entered into a joint development agre...

GCL Asia, a Leading Video Game Publisher & Distributor in Asia, to Go Public via Merger with RF Acquisition Corp

2023-10-18 20:20 7629

* GCL Asia is a leading video game distribution and publishing group in Asia, with more than 2100 online and offline retail touchpoints for game distribution. * GCL has been the exclusive distributor in Asia for 50% of the best-selling games since 2011 and has recently expanded into game publis...

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