Investment & Financing

Kindred Ventures- SK Networks-SoftBank Ventures Asia Present Global AI Forum in Seoul, South Korea.

2023-12-08 15:23 6753

* 'AI WAVE 2023': Shaping the Future of Industries with AI, Offering a Platform for Investment Insights * Steve Jang and Kanyi Maqubela, Kindred Ventures' Managing Partners, Led the Discussions with the Leading AI Startups from Silicon Valley and Held Fireside Chats with SK Networks and SoftB...

Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations

2023-12-07 23:31 2799

* Projects span Angola, Uganda, the Republic of Congo, Kenya, Mozambique and Zambia * Marks advancement of Masdar 10 gigawatt (GW) growth plan to unlock Africa clean energy potential DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth pl...

SELECT GROUP ACQUIRES ICONIC PENTOMINIUM DEVELOPMENT, POISED TO BE THE TALLEST RESIDENTIAL TOWER IN THE WORLD

2023-12-07 22:26 4067

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Select Group, a renowned real estate developer headquartered inDubai, United Arab Emirates, is proud to announce a historic milestone in luxury high-rise development. The firm has triumphantly acquired the stalled development in Dubai Marina, formerly know...

Research consortium of Altair, JLR, and Danecca awarded funding through the Faraday Battery Challenge to create a new design process for electric vehicles

2023-12-07 20:00 2563

Altair to provide simulation and data analytics tools, and expertise to expedite breakthrough results TROY, Mich., Dec. 7, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced together withJLR and battery manufacturer Da...

Masdar and VERBUND to Explore Developing Large-Scale Green Hydrogen Production in Spain

2023-12-07 18:42 2361

* Masdar, the UAE's flagship renewable energy company, and VERBUND Green Hydrogen GmbH, part of VERBUND group,Austria's leading energy company, sign agreement atCOP28 to explore feasibility of large-scale electrolysis in central Spain. * Agreement creates a 50:50 partnership for a joint study...

GEHI Announces Plan for Closing of Merger and Transfer to NYSE American

2023-12-07 17:00 4786

BEIJING, Dec. 7, 2023 /PRNewswire/ -- Gravitas Education Holdings, Inc. ("GEHI" or the "Company") (NYSE: GEHI), a leading early childhood education service provider inChina, announced today that, the transaction parties have received all necessary regulatory approvals related to the merger transa...

Eurobank Asset Management MFMC invests in Mintus

2023-12-07 16:00 4316

LONDON and ATHENS, Dec. 7, 2023 /PRNewswire/ -- Mintus Global Limited (Mintus), announces that Eurobank Asset ManagementMFMC (Eurobank Asset Management), a 100% owned subsidiary of Eurobank S.A. (Eurobank has acquired a minority stake in Mintus Global Limited (M...

Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth

2023-12-07 10:07 7791

* Successful funding round led by renowned international investors and regional corporate investment arms * Achieves overall profitability for the first time with 3x top-line growth from pre-COVID levels SINGAPORE, Dec. 7, 2023 /PRNewswire/ -- Klook, Asia's leading platform for experiences ...

Valtech Provides Biotechnology and Technology Startup Orientated Valuation Support

2023-12-07 10:00 2782

HONG KONG, Dec. 7, 2023 /PRNewswire/ -- Valtech Valuation has recently concluded valuations for several projects within the biotechnology and medical technology sector, specifically focusing on genetic engineering. We are honored to have been entrusted with providing valuation opinions to the man...

World Innovation Summit for Health Announces Dates for 2024 Event and Strategic Partnership with WHO

2023-12-07 03:00 3634

Health leaders to prepare report on the protection of health in armed conflict. DOHA, Qatar, Dec. 7, 2023 /PRNewswire/ -- The World Innovation Summit for Health (WISH), an initiative of Qatar Foundation for Education, Science and Community Development (QF), announced the WISH 2024 summit will ta...

Ferrero-related company enters in exclusive negotiations for the acquisition of Michel et Augustin

2023-12-07 02:20 2338

BRUSSELS, Dec. 7, 2023 /PRNewswire/ -- A Ferrero-related company today announced that it has entered into exclusive negotiations to fully acquire Michel et Augustin from Danone. Michel et Augustin markets premium, much-loved products including sweet biscuits, savory biscuits and snacks. These ic...

Micro Medical Solutions Announces Completion of Enrollment in the STAND Pivotal Clinical Trial

2023-12-06 21:32 3434

Clinical investigators complete enrollment in the 177 patient, randomized, controlled study, STAND (A Clinical Evaluation of the MicroSTent PeripherAl Vascular SteNt in subjects with Arterial Disease Below the Knee, NCT03477604). WILMINGTON, Mass., Dec. 6, 2023 /PRNewswire/ -- Micro Medical Solut...

American Industrial Partners Capital Fund VII to Acquire Veoneer's Restraint Control Systems Business

2023-12-06 20:39 3264

STOCKHOLM and NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The automotive technology company Veoneer today announced that it has entered into an agreement with an investment fund managed by American Industrial Partners ("AIP"), for the acquisition of Veoneer's Restraint Control Systems business from SS...

Nearmap Announces Agreement to Acquire Betterview, a Complementary Property Intelligence and Risk Management Platform

2023-12-06 06:09 2645

Leading imagery intelligence provider strengthens and complements insurance solution with acquisition SALT LAKE CITY, Dec. 6, 2023 /PRNewswire/ -- Nearmap, one of the world's largest location intelligence and aerial imagery solutions providers, has signed an agreement to acquire Betterview, a le...

The NDC Partnership and Coalition of Finance Ministers Announce Strategic Cooperation to Step Up Climate Ambition

2023-12-06 00:15 3640

DUBAI, UAE, Dec. 6, 2023 /PRNewswire/ -- The results of the Global Stocktake and the socioeconomic impacts of climate-related events across the globe call for an urgent transformation of our economies and the mobilization of climate finance at speed and scale. Such transformative change requires ...

Fuel cell manufacturer Blue World Technologies closes financing round with Maersk Growth and EIFO

2023-12-05 22:04 2294

Blue World Technologies is on a voyage towards supporting net-zero shipping and with Maersk's venture arm and EIFO participating in a financing round, the company has taken yet another step towards providing multi-megawatt fuel cell solutions. AALBORG, Denmark, Dec. 5, 2023 /PRNewswire/ -- Today...

Foretellix Raises $85 Million in Series C Closing

2023-12-05 20:00 4095

Temasek and Isuzu join Woven Capital and NVIDIA in a major round led by 83North TEL-AVIV, Israel and SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Foretellix , the leading provider of safety-driven verification and validation (V&V) solutions for Automated Driving Sy...

Cheetah Mobile Announces Acquisition of Controlling Stake in Beijing OrionStar

2023-12-04 21:56 6130

BEIJING, Dec. 4, 2023 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that the Company, through two of its wholly-owned subsidiaries, has acquired an aggregate of 35.17% equity interest of Beijing OrionStar Technolo...

Latest Updates of Viva's Portfolio Companies

2023-12-04 17:55 3578

HONG KONG, Dec. 4, 2023 /PRNewswire/ -- Even with the ever-changing situation, technological innovation is still the most critical component for biopharmaceutical companies' long-term development. This continuous innovation keeps companies up to date and promotes the evolution of R&D and the succ...

GFT partners with Engine by Starling to help banks rapidly modernise

2023-12-04 17:31 1951

The partnership will leverage GFT's deep engineering skills , global reach and strategic focus on modern banking platforms LONDON, Dec. 4, 2023 /PRNewswire/ -- Starling Bank is working wit...

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