Investment & Financing
AI+ Taipei Startup Pitch Contest: Open Call for Applications From Now Until June 28th
TAIPEI, May 23, 2024 /PRNewswire/ -- Taipei, Calling all Global Innovators! The Taipei Entrepreneurs Hub (TEH), under the Taipei City Department of Economic Development (DOED), is excited to announce the "AI+ Taipei Startup Pitch Contest," inviting AI startups worldwide to sign up and shape the f...
KPS CAPITAL PARTNERS TO ACQUIRE TATE & LYLE'S OWNERSHIP INTEREST IN PRIMIENT
NEW YORK, May 23, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into a definitive purchase agreement with Tate & Lyle PLC (LSE: TATE.L, "Tate & Lyle") to acquire Tate & Lyle's remaining ownership interest of 49.7% in Primary Products Investments LLC ("P...
SINGAPORE'S XSQUARE TECHNOLOGIES SECURES S$10.5M IN SERIES A FUNDING LED BY WAVEMAKER PARTNERS
SINGAPORE, May 23, 2024 /PRNewswire/ -- XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raisedS$ 10.5 million in Series A funding. The round was led by Wavemaker Partners–Southeast Asia's leading VC firm investing in early-stage Enter...
Qiming Venture Partners Promotes Alex Zhou to Managing Partner
SHANGHAI, May 23, 2024 /PRNewswire/ -- Qiming Venture Partners, a global-leading venture capital firm, is pleased to announce the promotion of Alex Zhou to Managing Partner. As a Qiming home-grown Managing Partner, Alex first joined the firm in 2014 as a Vice President and has since emerged as on...
Lunit Completes Acquisition of Volpara: Pioneering Next-Level of AI-Driven Cancer Care
SEOUL, South Korea, May 22, 2024 /PRNewswire/ -- Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, proudly announces the successful completion of its acquisition of Volpara Health Technologies, a global leader in medical software for breast...
ARKLYZ AG SUCCESSFULLY COMPLETES ACQUISITION OF LLOYD SHOES GMBH
LLOYD Shoes GmbH has been sold by Ara AG to Arklyz AG, a growing Swiss powerhouse in the sports and lifestyle sectors. Arklyz will provide strategic support and resources to further strengthen and grow LLOYD's wholesale, omnichannel and international business. SULINGEN, Germany, May 22, 2024 /PR...
Ex-Microsoft execs launch generative AI startup leveraging Apple Vision Pro with A$5.1 million investment
MELBOURNE, Australia , May 22, 2024 /PRNewswire/ -- AI venture studio
InnovateGPT Group
MARS ANNOUNCES PARTNERSHIP WITH TRIPADVISOR, CONNECTING TODAY'S PET PARENTS WITH BETTER TRAVEL EXPERIENCES
* Launching as part of the Mars brand CESAR® Canine Cuisine commitment to make the world a more dog-friendly place * New Pet Travel Hub will connect pet parents with local adventures, and support businesses looking to accommodate them * With 33% of pet parents altering travel plans because o...
Specialist Risk Group secures Warburg Pincus and Temasek as new major investor partners
LONDON, May 21, 2024 /PRNewswire/ -- Specialist Risk Group ("SRG"), the fast-growing, people and culture focussed, specialist insurance intermediary has today announced that it has signed a definitive agreement to be acquired by Warburg Pincus, a leading global growth investor, and Temasek,a glob...
PIF and WTA sign multi-year partnership to accelerate the growth of women's tennis globally
* In a historic moment for women's tennis, PIF will serve as the first-ever naming partner of the WTA Rankings * PIF and WTA will also work together to enhance and develop initiatives to support players at all levels NEW YORK, May 21, 2024 /PRNewswire/ -- The Public Investment Fund (PIF) and ...
Youlife International and Distoken Acquisition Corporation Announce Definitive Business Combination Agreement
Youlife International to Go Public in the U.S. Through such Business Combination, Opening up a New Horizon for Long-Term Development SHANGHAI, May 20, 2024 /PRNewswire/ -- Youlife International Holdings Inc., a leading blue-collar lifetime service platform inChina ("Youlife"), and Distoken Acqui...
MultiMetaVerse Signs Term Sheet to Acquire Innovative E-Commerce Service Provider Bowong AI
SHANGHAI, May 20, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers inChina, announced today that it has entered into a non-binding term sheet (the "Term Sheet") for the acquisition (the "Proposed Trans...
Aramco signs agreement with Pasqal to deploy first quantum computer in the Kingdom of Saudi Arabia
DHAHRAN, Saudi Arabia, May 20, 2024 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in theKingdom of Saudi Arabia. The agree...
Nature's Miracle Mutually Agrees to Terminate Plan to Merge with Agrify Corp.
ONTARIO, Calif., May 20, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, announced today that both Nature's Miracle and Agrify Corporation (NASDAQ: AGFY) ("Agrify"), have mutually ...
eWTP Arabia Capital's Technology Fund I Recognized as Top Performing VC Fund in the Preqin League Tables
RIYADH, Saudi Arabia, May 20, 2024 /PRNewswire/ -- eWTP Arabia Capital Technology Fund I ("Techology Fund I"), managed by eWTP Arabia Capital ("eWTPA"), one of the leading private equity firms in theMiddle East, was listed in the Preqin League Tables as the the fifth top-performing VC funds in t...
Osome Raises US$17M in Series B Funding
Money will be used to strengthen the balance sheet with a key objective to accelerate the path to profitability. SINGAPORE, May 17, 2024 /PRNewswire/ -- Osome, a leading finance admin platform for founders and small and medium businesses (SMBs), today announced it has concluded its Series B fund...
CUBE acquires global regulatory intelligence businesses from Thomson Reuters
LONDON, May 17, 2024 /PRNewswire/ -- CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses. The acquisition of these global businesse...
CUBE acquires global regulatory intelligence businesses from Thomson Reuters
LONDON, May 17, 2024 /PRNewswire/ -- CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses. The acquisition of these global businesse...
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...
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