Investment & Financing
Infosys to Acquire Leading Engineering R&D services provider, in-tech
Acquisition demonstrates Infosys' commitment to the automotive ecosystem and
strengthens its footprint acrossEurope
BENGALURU, India and MUNICH, April 18, 2024 /PRNewswire/ -- Infosys
Cognivia Secures Strategic 15.5M€ Funding to Empower Drug Development with AI-ML Solutions
Using patient personality traits to pioneer a new era in clinical research. MONT-SAINT-GUIBERT, Belgium, April 18, 2024 /PRNewswire/ -- Cognivia, an innovative AI company dedicated to reshaping pharmaceutical and biotech clinical research through cutting edge AI-ML algorithms, proudly announces a...
ITC Infotech to acquire specialised Cloud services company Blazeclan Technologies Private Limited, to augment its Multi-Cloud capabilities and accelerate Customers' Digital Transformation Journey
The acquisition will enable ITC Infotech to build a strategic cloud asset with a focus on the Hyperscaler Partner eco-system to ramp up future growth PARAMUS, N.J. and LONDON and BANGALORE, India, April 18, 2024 /PRNewswire/ -- ITC Infotech, a leading global technology services and solutions prov...
Altair Acquires Cambridge Semantics, Powering Next-Generation Enterprise Data Fabrics and Generative AI
Acquisition expands Altair's data analytics and AI offerings TROY, Mich., April 18, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR) a global leader in computational intelligence, acquiredCambridge Semantics, a modern data fabric provider and creator of one of the industry's leading analytical graph d...
Links International Introduces Emerging Markets Payroll - 3 HR Providers Offering 100% In-Country Payroll and HR Support in 80+ Emerging Markets Across APAC, Africa and LATAM
HONG KONG, April 18, 2024 /PRNewswire/ -- Emerging Markets Payroll (EMP)
Zeko Labs Announces $3 Million in Funding to Propel Development of Zeko Protocol
SAN FRANCISCO, April 18, 2024 /PRNewswire/ -- Zeko Labs, a pioneering blockchain company realizing the vision of a world powered by zero-knowledge technology, announces the successful completion of a$3 million pre-seed funding round from a consortium of early-stage investors. This funding will ac...
XTPL to provide another industrial module for HB Technology
WROCLAW, Poland, April 17, 2024 /PRNewswire/ -- In H1 2024, XTPL will deliver a second industrial module to its South Korean partner HB Technology. The cooperation is targeted at the industrial implementation of the XTPL technology on the production lines of the end customer – a leading global ma...
Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, April 17, 2024 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the "Company"), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company's initial public offering sponsor (the "Sponsor"), has deposited into the Company...
Nature's Miracle Holding Inc. and Agrify Corporation Agree to Merge
* Combined Entity is Expected to Become the Leading Provider of CEA Products and Solution * AGRIFY Brings Industry-Leading Cultivation and Extraction Solution Service * Immediately Realizable Financial and Operational Synergies UPLAND, Calif., April 17, 2024 /PRNewswire/ -- Nature's Miracle...
Anyverse collaborates with Sony Semiconductor Solutions to enhance model design and validation cycles in autonomous systems
MADRID, April 16, 2024 /PRNewswire/ -- Anyverse, a leading provider of synthetic data solutions, is proud to announce a technical collaboration with Sony Semiconductor Solutions Corporation (Sony), integrating Sony's Image Sensor Models into Anyverse's synthetic data platform. This collaboration ...
Upstage Raises $72 Million in Series B Funding to Expand Global Reach of its Groundbreaking AI Solutions
The AI startup has raised over $100 million in cumulative investment through
Series A and B funding rounds, making it the most-funded AI software company in
South Korea.
SAN JOSE, Calif., April 16, 2024 /PRNewswire/ -- Upstage
Exyte acquires Kinetics Group to enhance global leadership in high-tech facility solutions
* Kinetics is a globally leading provider of installation services and equipment * Company serves high-tech industries such as semiconductor, biopharma, and batteries * 2,500 employees at more than 20 locations worldwide * Exyte to enter technical facility management business * Exyte...
Microsoft Invests $1.5 Billion in Abu Dhabi's G42 to Accelerate AI Development and Global Expansion
* This strategic investment will enhance the UAE's position as a global AI hub and provide further opportunities for partners and customers to innovate and grow. * G42 and Microsoft will collaborate to ensure the benefits of secure AI technologies and cloud capabilities are responsibly shared ...
Bridgewise secures $21 million in new funding to support the global expansion of its AI-powered financial intelligence platform for global securities
* SIX Group, Group 11, and L4VB and other global financial institutions invest in AI platform transforming access to insights and information on global stocks and funds. * The funding will further accelerate the expansion of Bridgewise's global presence and support the development of its prop...
Next Bio Invests in Hiperbaric High-Pressure Processing Technology to Ramp Up Cold Brew Coffee Production
* Leading South Korean Cold Brew Producer Installs Hiperbaric Industrial HPP System to Boost Capacity to 6,000 Tons Per Year. * HPP ensures the safety and shelf life of cold-brew coffee up to 90 days while maintaining its freshness and flavor. MIAMI, April 16, 2024 /PRNewswire/ -- Next Bio,...
LG CNS Reinforces the DX Alliance with U.S. Startups
* Invite more than ten startups specializing in generative AI and enterprise software testing to explore potential collaboration with LG CNS at 'Startup Day' - Generative AI: Startups focusing on GPU infrastructure, AI model training and inference optimization, etc. - Enterprise software testi...
BII and FMO back BECIS with joint US$50 million financing facility supporting commercial and industrial renewables sector in South-East Asia
* The joint financing facility will support the energy-as-a-service provider to grow its rooftop solar portfolio in South andSouth-East Asia to nearly 350 MW by 2025, which will help avoid 319,000 tonnes of CO2 emissions per year. * Supported by local government policies, the nascent Commercia...
EZGO Enters into an RMB13 Million Procurement Agreement for Sale of Security Patrol Robots and Platform
CHANGZHOU, China, April 12, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we," "our," or the "Company"), a leading short-distance transportation solutions provider inChina, today announced that it entered into a procurement agreement (the "Procurement Agreement") with Ha...
Elliott Statement on Mitsui Fudosan Co., Ltd.
LONDON, April 12, 2024 /PRNewswire/ -- Elliott Advisors (UK) Limited ("Elliott"), which advises funds that together hold a significant investment in Mitsui Fudosan Co., Ltd. ("Mitsui Fudosan" or "the Company"), today issued the following statement byElliott Partner Nabeel Bhanji: "We welcome Mit...
Zero-Emission Truck Developer Windrose Technology Completes US$110 Million Series B Financing
HONG KONG, April 11, 2024 /PRNewswire/ -- Electric heavy-duty truck developer Windrose Technology has announced completion of the second phase of its Series B financing, raising the total funding for this round toUS$110 million. The investors of this round of financing includeLondon-based HSBC, B...
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