Investment & Financing
Hanwha pledges commitment to build a fully American solar supply chain
* Hanwha Solutions to become the largest shareholder of Norway-based U.S. polysilicon manufacturer REC Silicon after acquiring an additional 4.67% stake from Aker Horizons, increasing total investment to$204 million and ownership share to 21.34%. * The acquisition is a part of Hanwha's effort...
Prometheum Secures $15M+ in Funding Ahead of Launch
Brings total funding amount to-date to more than $42M NEW YORK, March 23, 2022 /PRNewswire/ -- Prometheum Inc., parent of a FINRA member firm and SEC registered digital asset securities alternative trading system (ATS), "Prometheum ATS", has announced today that it has secured more than$15 milli...
Smartee Raises US$ 80 Million in Series D Funding
BEIJING, March 23, 2022 /PRNewswire/ -- In March 2022, Smartee announced that it has closed its Series D funding round ofUS$ 80 million. This round of financing was led by Beijing Taikang Investment, followed by China Resources Consumer Fund II, Jiaxing Science City, Zhangjiagang Industrial Inves...
MAD MONKEY HOSTELS SECURES US$4.6M INVESTMENT FROM EXS TO ACCELERATE THEIR EXPANSION ACROSS SOUTHEAST ASIA
Mad Monkey, a leading Southeast Asia-based hostel operator and provider of high-octane, sustainable, travel experiences, has closed its first major round of fundraising from the EXS Property Innovation Concepts VCC ("EPIC"), a Singapore-domiciled fund platform sponsored and managed by EXS, a speci...
Carrot-led Claims Management Joint Venture Set To Disrupt The Industry Once Again
SEOUL, South Korea, March 23, 2022 /PRNewswire/ -- Insurance technology platform Carrot General Insurance Corp. (Carrot) and two established insurance companies, Hanwha General Insurance (Hanwha) and Lotte Non-life Insurance Co. (Lotte), are uniting to revolutionizeSouth Korea's insurance claims ...
Aker Horizons: Sale of shares in REC Silicon ASA to Hanwha
OSLO, Norway, March 23, 2022 /PRNewswire/ -- Aker Horizons ASA's wholly owned subsidiary Aker Horizons Holding AS ("Aker Horizons") has today entered into an agreement withSouth Korea's Hanwha Solutions Corporation and Hanwha Corporation (together, "Hanwha") to sell all of Aker Horizons' shares i...
NSI Global acquires Geopolitical Intelligence Group
SYDNEY, March 23, 2022 /PRNewswire/ -- Today, NSI Global Counter Intelligence (NSI) announced it has acquired Geopolitical Intelligence Group (GIG), a leading geopolitical risk advisory firm, previously established inCanberra, Australia. The amalgamation will enable NSI and GIG to deliver an expa...
Lanvin Group, a Global Luxury Fashion Group, to Become Publicly Traded on the NYSE via Business Combination with Primavera Capital Acquisition Corporation
* Lanvin Group is a global luxury fashion group that owns the oldest operating French couture house Lanvin, Italian luxury shoemakerSergio Rossi, Austrian skinwear specialist Wolford, iconic American womenswear brand St. John Knits, and high-end Italian menswear maker Caruso * Strong foundati...
Terra Drone Raises $70 Million in Series B Funding to Accelerate Growth and Worldwide Adoption of Unmanned Aircraft System Traffic Management (UTM) and Urban Air Mobility (UAM) solutions
TOKYO, March 22, 2022 /PRNewswire/ -- Drone and Urban Air Mobility (UAM) technology company Terra Drone Corporation announced today that it has raised $70 million (8 billion Japanese yen) in Series B funding with investments from Mitsui & Co., Ltd., SBI Investment Co., Ltd., Tokyu Land Corporation...
Brilliant Acquisition Corporation Announces Extension of Completion Window to July 23, 2022
NEW YORK, March 22, 2022 /PRNewswire/ -- Brilliant Acquisition Corporation ("Brilliant") announced today that it has extended the period of time it will have to consummate its initial business combination by a further four months, or untilJuly 23, 2022. In connection with the extension, Brillian...
OC&C Strategy Consultants to boost Australasia presence with full integration of ASP following year-long partnership
SYDNEY, March 23, 2022 /PRNewswire/ -- OC&C Strategy Consultants ("OC&C"), the global strategy consulting firm, and Australian Strategy Partners ("ASP") have today announced that ASP will become fully integrated into OC&C, effective from 1st May 2022. The integration will serve to deepen the mu...
LG AI Research Takes a Leap as 'Global AI Research Hub'
* Directly led by top AI scholar, Honglak Lee, Chief Scientist of AI at LG AI Research and professor of electrical engineering and computer science at the University of Michigan * 'LG AI Research Center, Ann Arbor' will enhance AI collaborative research with theUniversity of Michigan - Ser...
Miruku, a New Zealand animal-free dairy start-up emerges from stealth on Foodtech VC investment.
AUCKLAND, New Zealand, March 22, 2022 /PRNewswire/ -- Miruku, a New Zealand
based future food company developing advanced dairy proteins in plants has
emerged from stealth to announce an oversubscribed$2.4m USD seed investment
round.
EQT Private Equity Asia acquires Guardian, China's largest domestic pest control operator
STOCKHOLM, March 22, 2022 /PRNewswire/ -- * EQT Private Equity Asia makes majority investment in Guardian, China's largest domestic pest control operator, with a strong presence in the country's eastern and southern provinces * Guardian's underlying market is supported by favorable demographi...
DocSpark Solutions rebrands as Acclime Philippines
HONG KONG, March 22, 2022 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, is delighted to announce today that DocSpark Solutions has completed its integration into the Acclime group of companies. Following the acquisition by Acclime late last year, DocSpark Solutions has ...
TripleLift Acquires 1plusX to Bring First-Party Data to Publishers & Advertisers
Combined company will help customers take control of their data and address audiences effectively in the absence of third-party cookies NEW YORK, March 22, 2022 /PRNewswire/ -- TripleLift, the advertising technology company reinventing ad placement at the intersection of creative, media and data...
Eight Roads launches latest dedicated US$350m technology fund for China
SHANGHAI, March 21, 2022 /PRNewswire/ -- Eight Roads, the global venture capital firm backed by Fidelity, today announced its latest dedicated technology fund forChina, Eight Roads China Technology Fund V, extending the momentum of capturingChina's growing technology investment opportunities. Wit...
Milltrust Ventures to Invest in First-In-Class Health Tech Platform Oncoshot
SINGAPORE, March 22, 2022 /PRNewswire/ – Oncoshot has announced it will be welcoming DrBernard Ng, Chief Scientific Officer of Milltrust Ventures, to its advisory board this month. This comes as a first step as the specialist investment organization finances the fast-growing health tech company f...
Warburg Pincus-backed NWP Property and CRE Asia Establish a Joint Venture Focusing on Modern Logistics Real Estate Opportunities
SINGAPORE, NEW YORK and JAKARTA, Indonesia, March 22, 2022 /PRNewswire/ -- Today, PT Nirvana Wastu Pratama ("NWP Property"), Indonesia's largest and fastest-growing New Economy enabled consumer infrastructure platform co-founded by Warburg-Pincus and led by its CEOTimothy Daly, CRE Asia Pte. Ltd....
CapitaLand Investment launches value-add logistics fund in South Korea to grow funds under management
SEOUL, South Korea, March 22, 2022 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has launched a value-add logistics fund inSouth Korea via a joint venture with PGIM Real Estate[1] to grow its funds under management[2] (FUM). CLI has a 10% stake in the fund while the remaining stake is held...
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