Investment & Financing

Accelex Announces $15M Series A Funding Round Led by FactSet; Firms Set to Automate Critical Private Markets Workflows for Investors

2023-11-02 22:00 3382

LONDON, Nov. 2, 2023 /PRNewswire/ -- Accelex, a leading provider of AI automation for private markets data acquisition, reporting and analytics, announced today it has closed a$15 million Series A funding round led by FactSet, a global financial digital platform and enterprise solutions provider,...

Syntax and Beyond Technologies Complete Acquisition Deal, Officially Join Forces

2023-11-02 21:00 2154

Combination creates broad portfolio of industry-focused technology offerings, adds strength to bench of SAP® expertise and professional services talent, expands global reach and regional resources.  MONTRÉAL, Nov. 2, 2023 /PRNewswire/ -- Syntax Systems, a leading global technology solutions and ...

Cambrex Announces Sale of Drug Product Business Unit

2023-11-02 18:00 2933

EAST RUTHERFORD, N.J., Nov. 2, 2023 /PRNewswire/ -- Cambrex, a leading global contract development and manufacturing organization (CDMO), has today completed the sale of its Drug Product Business Unit toWilmington, Delaware based Noramco. Cambrex's Drug Product business provides product developme...

Funding Societies raises US$7.5 million from Norfund, bringing financial inclusion for SMEs in Southeast Asia

2023-11-02 11:00 3916

SINGAPORE, Nov. 2, 2023 /PRNewswire/ -- Funding Societies | Modalku , the largest unified SME (small and medium enterprises) digital finance platform inSoutheast Asia, today announced that it has raisedUS$7.5 million in debt from Norfund, a Development Financial ...

Lumen Completes Sale of EMEA Business to Colt Technology Services for $1.8B

2023-11-02 04:05 3736

DENVER, Nov. 2, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) closed the sale of its European, Middle Eastern, and African (EMEA) business to Colt Technology Services, headquartered inLondon, for $1.8 billion cash. This transaction represents an attractive multiple (~11x) for Lumen's EMEA ...

Peritus Capital Acts as Lead Arranger and Financial Advisor to Pacifico Aquaculture on Equilibrium Project Financing

2023-11-01 21:30 3438

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Peritus Capital is pleased to announce its role as Lead Arranger and Financial Advisor to Pacifico Aquaculture SAPI de CV (Pacifico) concerning its project financing agreement with Equilibrium Capital. Terms of the transaction were not disclosed. The fundin...

KPS CAPITAL PARTNERS RAISES $9.7 BILLION

2023-11-01 20:00 2942

$8.0 BILLION KPS SPECIAL SITUATIONS FUND VI AND $1.7 BILLION KPS SPECIAL SITUATIONS MID-CAP FUND II NEW YORK, Nov. 1, 2023 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today final closings of KPS Special Situations Fund VI ("Fund VI") and KPS Special Situations Mid-Cap Fund II ("Mi...

FMH Group enhances integrated logistics network in Australia with proposed acquisition of Border Express

2023-11-01 16:12 2817

MELBOURNE, Australia, Nov. 1, 2023 /PRNewswire/ -- Freight Management Holdings Pty Ltd ("FMH"), a subsidiary of Singapore Post Limited ("SingPost" and "Group"), has entered into a conditional sale and purchase agreement with the shareholders of Border Express,Australia's 6th largest pallet and pa...

Hefty Seed Company Selects Meristem's Patented BIO-CAPSULE™ Technology

2023-10-31 17:00 3236

"...an extremely exciting partnership for our customer base..." BALTIC, S.D. and COLUMBUS, Ohio, Oct. 31, 2023 /PRNewswire/ -- Meristem Crop Performance Group, LLC (www.MeristemAg.com) and Hefty Seed Company ( www.HeftySeed.com) today announced a strategic alliance and supply agreement focused on...

Amorepacific Incorporates COSRX as a Subsidiary through Additional Stake Acquisition

2023-10-31 08:00 4934

SEOUL, South Korea, Oct. 31, 2023 /PRNewswire/ -- Amorepacific has secured a new growth engine in the global market by acquiring additional shares of COSRX. With this further stake acquisition, COSRX will be integrated as a subsidiary of Amorepacific.

LifeSpan Vision Ventures Invests in NaNotics

2023-10-31 02:26 4567

NORWALK, Conn., Oct. 31, 2023 /PRNewswire/ -- LifeSpan Vision Ventures, an investment firm dedicated to longevity biotech, today announced an investment in NaNotics LLC. This preclinical-stage biopharmaceutical company is developing NaNots™, novel subtractive nanoparticles that treat disease by c...

Vietnam Ramps Up as New Epicenter of Asia's Economic Growth: Vietnam Venture Summit

2023-10-30 20:11 2229

Nation on strong momentum of IPOs, demonstrating resilience to global headwinds HANOI, Vietnam, Oct. 30, 2023 /PRNewswire/ -- Vietnam Venture Summit 2023, hosted byVietnam's Ministry of Planning and Investment and co-organized by Vietnam National Innovation Center (NIC) and Golden Gate Ventures, ...

Rational Vaccines and Shenzhen Mellow Hope Pharm Industrial Co., Ltd. Announce Collaboration to Develop Herpes Vaccines in China

2023-10-30 19:30 2194

The partnership will further therapeutic and prophylactic vaccine development for the Chinese market and beyond. WOBURN, Ma. and SHENZHEN, China, Oct. 30, 2023 /PRNewswire/ -- Rational Vaccines (RVx) and Shenzhen Mellow Hope Pharm Industrial Co., Ltd. (MH) announced they have reached an agreemen...

USI Completes Acquisition of TE Automotive Wireless Business from TE Connectivity Ltd.

2023-10-30 16:30 6217

SHANGHAI, Oct. 30, 2023 /PRNewswire/ -- Universal Scientific Industrial ( Shanghai) Co., Ltd. (USI, SSE 601231), is pleased to announce the successful completion of its acquisition of the TE Automotive Wireless business from TE Connectivity Ltd. The acquisition was formally closed and completed on...

SHEIN Acquires Missguided Brand

2023-10-30 15:00 2840

The company has entered into a joint venture with Missguided founder to manage and operate the brand SINGAPORE, Oct. 30, 2023 /PRNewswire/ -- SHEIN, a global online fashion and lifestyle retailer, announces the acquisition of Missguided, a bold and forward-thinking women's fashion brand, from Fr...

Malaysia's Gentari and Singapore's GIC tie up with Greenko founders to develop one of world's largest green ammonia platform

2023-10-30 10:08 4487

* 5 million tonnes per year of green ammonia production accelerates India's passage to net zero. * New venture targets first delivery of green ammonia by late 2025. HYDERABAD, India, SINGAPORE and KUALA LUMPUR, Malaysia, Oct. 30, 2023 /PRNewswire/ -- Gentari, the clean energy division ofMalay...

Brinc and Hatcher+ Team Up to Supercharge Climate Tech Startups

2023-10-30 10:00 3723

HONG KONG, Oct. 30, 2023 /PRNewswire/ -- Brinc , a leading global venture accelerator, andHatcher +, an award-winning, data-driven VC, have announced their intention to identify, invest in, and support the growth of 300 new climate tech startups dri...

Mandiri Capital Indonesia and early-stage VC Investible prepare to launch new Global Climate Tech Fund

2023-10-30 04:00 3777

SYDNEY and JAKARTA, Indonesia and SINGAPORE, Oct. 30, 2023 /PRNewswire/ -- Mandiri Capital Indonesia (MCI) and Investible have signed a Term Sheet and will establish a new Co-GP early-stage climate tech fund aimed at identifying and investing in climate technology and innovation, globally. MCI i...

Mirae Asset Celebrates First Eligible ETF for ETF Connect Scheme - Global X Hang Seng Tech ETF (2837) as a Milestone Achievement

2023-10-27 17:34 2764

HONG KONG, Oct. 27, 2023 /PRNewswire/ -- Mirae Asset Global Investments (Hong Kong) Limited (the "Company" or "Mirae Asset") is pleased to announce that, Global X Hang Seng Tech ETF (2837), the first eligible ETF under the Company will participate in the ETF Connect Scheme (the "Scheme") onNovemb...

From plastic-derived asphalt to decarbonising diesel engines: Virescent Ventures and UNSW launch inaugural Climate 10x cohort

2023-10-27 08:00 2860

SYDNEY, Oct. 27, 2023 /PRNewswire/ -- Australia's pioneer climate tech VC Virescent Ventures  and the University of New South Wales (UNSW) have revealed the first cohort of five climate tech startups in their Climate 10x Accelerator, as well as$580,000 of total funding....

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