Investment & Financing
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...
Fosun RZ Capital Leverages industry resources to help innovative start-ups succeed in global markets
SAN FRANCISCO, March 7, 2022 /PRNewswire/ -- Recent news, Fosun RZ announced it has independently raised 2 billion to set up a new RMB Fund (in equivalent to 300M+ US Dollar) to make early stage investment in technology innovation and new consumer brands, and in which they are paying extra attent...
Happiness Development to Acquire Hekangyuan, One of the Largest Healthcare Product Distributors in Fuzhou Area in China
NANPING, China, March 7, 2022 /PRNewswire/ -- Happiness Development Group Limited ("HAPP" or the "Company"), (NASDAQ: HAPP) an emerging and diversified company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce sales and e-commerce marketing solu...
East Ventures, collaborates with Katadata and PwC Indonesia, released East Ventures - Digital Competitiveness Index 2022 Report
JAKARTA, Indonesia, March 7, 2022 /PRNewswire/ -- East Ventures, a pioneering sector-agnostic venture capital firm of investment in technology startups and the most active inIndonesia, together with Katadata Insight Center and PwC Indonesia launched the East Ventures - Digital Competitiveness Ind...
Gefen's one CRM to rule them all is expanding
TEL-AVIV, Israel, March 7, 2022 /PRNewswire/ -- Gefen
Estonian clothing reseller and circular fashion advocate UPTY Closes Pre-Seed Investment Round
TALLINN, Estonia, March 7, 2022 /PRNewswire/ -- UPTY
CHINT Cambodia Factory is Now Open, Assisting in the Southeast Asia's Green Energy Development
SHANGHAI, March 7, 2022 /PRNewswire/ -- SchneiTex x CHINT officially opened theirCambodia joint venture factory on February 28th local time. The factory will accomplish the localization of CHINT products, from manufacturing to delivery. It will also further improve the layout of CHINT's global su...
iQIYI Announces Private Placement Financing of US$285 Million
BEIJING, March 4, 2022 /PRNewswire/ -- iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service inChina, today announced that the Company has entered into subscription agreements with Baidu and a consortium of financial investors that include ...
Financially strong partner supports sustainable commitment: Sheikh Falah bin Zayed Al Nahyan invests in Plambeck Emirates
CUXHAVEN, Germany, March 4, 2022 /PRNewswire/ -- The joint venture "Plambeck Emirates Global Renewable Energies LLC," founded in 2011 with headquarters in Abu Dhabi, with the participation of the Abu Dhabi royal family and the holding company of the Cuxhaven-based entrepreneurNorbert Plambeck, has...
Volocopter Raises USD 170 million in First Signing of Series E Financing Round
BRUCHSAL, Germany, March 4, 2022 /PRNewswire/ -- Volocopter, the pioneer of urban air mobility, has raised USD 170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation ofUSD 1.7 billion. Composed of funds by new and exis...
InxMed Raised $50 million in Series B Financing to Advance Innovative Therapies to Drug-resistance Cancers
NANJING, China, March 3, 2022 /PRNewswire/ -- InxMed Co., Ltd, a clinical-stage biotechnology company dedicated to developing innovative therapies targeting stroma microenvironment and drug resistance for hard-to-treat solid tumors, today announced that it had completed $50 million in Series B Fi...
Altair Expands Electronic System Design Technology with Acquisition of Powersim
Proven technology and experienced technical team will amplify Altair's power electronics solutions TROY, Mich., March 3, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), acquired Powersim, a market-leading provider of simulati...
Ocean Winds, Aker Offshore Wind secure second Electric Business License for 1.2 GW floating offshore wind project in Ulsan, South Korea
OSLO, Norway, March 3, 2022 /PRNewswire/ -- Korea Floating Wind ("KF Wind"), the joint venture between Ocean Winds (66.7 percent) and Aker Offshore Wind (33.3 percent), has obtained its second Electric Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea...
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