Investment & Financing
Chery and Haier to jointly build the automotive industry Internet platform
JERUSALEM, March 11, 2022 /PRNewswire/ -- Chery and Haier set up a joint venture - Anhui Haixingyun Iot Technology Co., Ltd. The joint venture will use the COSMOPlat of Haier to build the first mass customization industrial Internet platform inChina's automobile industry and jointly build a new ...
Carrianna's data center commences service to promote innovative technology
HONG KONG, March 11, 2022 /PRNewswire/ -- Carrianna Group Holdings Company Limited("Carrianna", together with its subsidiaries, the "Group"; stock code: 126.HK) announced that its data center, jointly invested by the Group, Jun Gao Holdings Company Limited and Dr.Quentin Tsang located in Kwai Chu...
TFI Asset Management Limited Announces to Join a Consortium Led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited
SINGAPORE and HONG KONG, March 11, 2022 /PRNewswire/ -- TFI Asset Management Limited announced today that it has joined a consortium led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited in respect of pursuing a potential acquisition of Hollys...
Roofstock raises $240M at $1.9B valuation to expand access to real estate investing
OAKLAND, Calif., March 10, 2022 /PRNewswire/ -- Roofstock, the leading end-to-end online platform for single-family rental (SFR) investing, today announced it closed a$240 million Series E equity financing round, bringing the company's valuation to$1.94 billion. SoftBank Vision Fund 2 led the fin...
Bounty Media wins Procter & Gamble vGrow initiative, also completes first close of USD$1.5m Pre-A round, USD$10m valuation
SINGAPORE, March 10, 2022 /PRNewswire/ -- Bounty Media, a DataTech company with a zero-party deep data platform that empowers consumers and the brands they trust announces that it has won first place in Procter & Gamble Thailand's search for bleeding edge innovation addressing the Ad world's sear...
Everlife acquires Research Instruments Group and other laboratory suppliers to boost presence in strategic life sciences and clinical diagnostics segments in South East Asia
SINGAPORE, March 10, 2022 /PRNewswire/ -- Everlife Holdings Pte Ltd ("Everlife"), a leading market access and distribution company inIndia and South East Asia, has announced the completion of its acquisition of Research Instruments Group ("RI"), a leading provider of scientific and laboratory in...
Silent Eight Raises $40m in Series B Round
- AI platform enforces economic sanctions and investigates all other financial crime risks - Capital will support technology functions globally, headcount to double by end of 2022 - Valuation quadrupled since last funding round in 2020 SINGAPORE, March 10, 2022 /PRNewswire/ -- Silent Eight, a p...
Insilico Medicine enters research collaboration with the University of Zurich to apply Insilico's generative Artificial Intelligence platform for the discovery of potential therapeutics for Cystinosis
- Cystinosis is a rare genetic disease affecting 1 in 100,000-200,000 live births and poses a lifelong risk to those affected. Cystinosis slowly destroys the body's organs including the kidneys, eyes, thyroid, muscles, liver, pancreas, gonads, and brain. - There are currently no curative treatme...
LBB Specialties LLC Acquires Debro Inc.
NORWALK, Conn., March 10, 2022 /PRNewswire/ -- LBB Specialties LLC ("LBB Specialties") announced today that it has acquired Debro Inc., a Canadian specialty chemicals distributor based inBrampton, ON. Terms of the transaction were not disclosed. LBB Specialties, through its subsidiary companies,...
Tims China Announces Additional Financing and Investor-Friendly Changes to Merger Agreement
Additional financings of up to $194.5 million from institutional investors to fully fundTims China's 5-year business plan Adjustments to the Merger Agreement, including lower entry valuation of $1.4 billion SHANGHAI, March 9, 2022 /PRNewswire/ -- TH International Limited ("Tims China " or the "C...
FRANCHISE IN UAE's T20 LEAGUE ACQUIRED BY CAPRI GLOBAL
* UAE's T20 League is Emirates Cricket Board's sanctioned, flagship professional T20 League * Capri Global is one of India's leading Non-Deposit Taking Systemically Important Non-Banking Financial Companies with a USD 1 Billion+ market cap. DUBAI, UAE, March 9, 2022 /PRNewswire/ -- Capri Glob...
Cybord raises a $4M Seed investment led by IL Ventures to disrupt the electronics manufacturing industry
HERZLIYA, Israel, March 9, 2022 /PRNewswire/ -- Cybord
Lakeshore Acquisition II Corp. Announces Pricing of $60 Million Initial Public Offering
NEW YORK, March 8, 2022 /PRNewswire/ -- Lakeshore Acquisition II Corp. (the "Company"), a newly organized blank check company incorporated as aCayman Islands exempted company and led by Chairman and CEO Bill Chen, today announced the pricing of its initial public offering of 6,000,000 units at an...
AI Rudder Raises US$50 Million in Series B Funding to Propel Growth and International Expansion
SINGAPORE, March 9, 2022 /PRNewswire/ -- AI Rudder, the leading voice artificial intelligence start-up, today announced it has closed aUS$50 million Series B funding round, bringing total funding in the last 12 months toUS$60 million. New investors Tiger Global, Coatue, Cathay Innovation, Firs...
Omega Healthcare Acquires Reventics, a Physician Focused CDI and RCM Company
BOCA RATON, Fla., March 9, 2022 /PRNewswire/ -- Omega Healthcare, a leading healthcare management solutions partner supporting the broad healthcare ecosystem, today announced its acquisition of Reventics, aDenver, CO based company. Reventics is a clinical documentation improvement ("CDI") and re...
GEP AGREES TO ACQUIRE COSTDRIVERS®, A LEADING SUPPLY MARKETS FORECASTING, COSTING AND PRICING TRENDS PLATFORM, IN PURCHASE OF PROCUREMENT INTEL AND DATA SCIENCE FIRM DATAMARK®
* Huge database of global prices and costs leverages big data analytics and machine learning to support forecasting, cost modeling and decision-making of enterprise procurement and supply chain teams * Platform enables sourcing, procurement and supply chain professionals to develop, compare a...
Green Era Launches Renewables Portfolio through the Acquisition of a 33.33% Stake in Star Energy for USD 440 million
* Inaugural acquisition by Green Era Pte Ltd (Green Era), a Pangestu Family Office special purpose vehicle based inSingapore, to launch its Southeast Asian renewables asset portfolio * Star Energy Group Holdings Pte. Ltd. (Star Energy) is a holding company with subsidiaries that hold worldlea...
8 Rivers Secures $100M Investment from SK Group and Establishes Asian Joint Venture with SK Group to Accelerate Global Decarbonization
HOUSTON, March 8, 2022 /PRNewswire/ -- 8 Rivers Capital, LLC announced a USD$100 million investment from SK Group, along with the establishment of an 8 Rivers-SK joint venture to focus on decarbonization of Korean and key Asian markets. This investment establishes 8 Rivers as the premier Net Zer...
Wavemaker Partners closes fourth fund above goal at US$136 million
SINGAPORE, March 8, 2022 /PRNewswire/ -- Wavemaker Partners today announced that it just closed its fourth fund atUS$136 million, making it the largest fund focused on early-stage (Seed/Pre-A) enterprise, deep tech, and sustainability startups inSoutheast Asia. Surpassing its US$120 million fun...
Singleron Acquires Proteona
NANJING/SUZHOU, China and COLOGNE, Germany and SINGAPORE, March 7, 2022 /PRNewswire/ -- Singleron Biotechnologies, a leading Chinese genomics company that develops groundbreaking single-cell multi-omics platform technologies and promotes their clinical translations, today announced the acquisitio...
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