Investment & Financing

Shinhan Financial Group, Shinhan Square Bridge (S2 Bridge) Incheon Successful completion of overseas startup support program, "Bridge to Korea (B2K)"

2022-03-03 08:00 3183

* Involvement of six global start-up companies related to deep-tech, med-tech, and digital health fromSingapore, Greece, Germany, and Russia * Four strart-up companies have received domestic and foreign investment, including the dedicated funds from Shinhan Square Bridge (S2 Bridge) Incheon ...

OpenSpace Extends Leadership in Reality Capture for Construction with $102M Series D Financing

2022-03-03 07:48 2627

Valued at $902M, OpenSpace continues to see widespread adoption in construction and real estate at over 10,000 jobsites and with more than7B square feet captured SAN FRANCISCO, March 3, 2022 /PRNewswire/ -- OpenSpace, the global leader in 360° jobsite capture and AI-powered analytics, today anno...

EV Group and Teramount Announce Collaboration to Implement Innovative Packaging Technologies for Photonic Integrated Circuits

2022-03-02 22:00 2508

Breakthrough wafer-level optics technologies help solve a key challenge of connecting many fibers to silicon chips for datacom and telecom applications ST. FLORIAN, Austria and JERUSALEM, March 2, 2022 /PRNewswire/ -- EV Group (EVG), a leading supplier of wafer bonding and lithography equipment f...

Leading AI Chipmaker Hailo Partners with AITg of WPG Holdings to Support Growing Customer Base in Asia Pacific

2022-03-02 20:00 2171

By collaborating with AITg, an APAC supply chain expert, Hailo will be better suited to serve its growing base of customers inMainland China and Taiwan TAIPEI and TEL AVIV, Israel, March 2, 2022 /PRNewswire/ -- AI chipmaker for edge devicesHailo today announced its par...

Zwipe's Biometric Payment Card Platform selected by Placard in Australia

2022-03-02 17:46 1960

OSLO, Norway and MELBOURNE, Australia, March 2, 2022 /PRNewswire/ -- Placard, Australia's largest card manufacturer and the only one qualified by all major card schemes, has selected biometric fintech pioneer Zwipe as its technology partner in pursuing the global market opportunities for biometri...

Ex-Grab Philippines President raises US$10.5M from regional and global investors to drive SariSuki's expansion into quick commerce

2022-03-02 13:00 2845

* SariSuki, the leading player in Philippines' immense e-commerce grocery sector, is expanding intoquick commerce * SariSuki founded in 2021 by an impressive team that includes ex-Grab Philippines President,Brian Cu * Hyper-convenience is a key strategy in breaking down more barriers to e-c...

Cappfinity partners with Rare to increase and accelerate diverse graduate hiring

2022-03-02 11:28 1819

LONDON, March 2, 2022 /PRNewswire/ -- HR tech firm, Cappfinity has announced a new partnership with specialist graduate diversity recruitment company, Rare, to increase and accelerate the hiring of diverse talent into elite professions. The partnership will offer clients the use of Rare's Context...

Qiming Venture Partners Welcomes David Chu as IR Partner

2022-03-02 09:00 2185

SHANGHAI, March 2, 2022 /PRNewswire/ -- Qiming Venture Partners, a leading venture capital firm inChina, is pleased to announce that David Chu has joined the firm as a Partner, focusing on fundraising and investor relations for Qiming's USD funds. David has extensive experience in fund managemen...

Inspiration Capital Partners Completes its Acquisition of Antute

2022-03-02 09:00 3377

BEIJING, March 2, 2022 /PRNewswire/ -- Inspiration Capital Partners ("ICP") today announced that it has completed its acquisition of Antute (Beijing) Technology Limited ("Antute"), a leading provider of third-party maintenance ("TPM") services for data center infrastructure and critical IT ass...

INOKIM becomes the first company to introduce an electric scooter for children ages 5 - 8 years featuring Disney, Pixar and MARVEL

2022-03-01 22:00 2007

TEL AVIV, Israel, March 1, 2022 /PRNewswire/ -- INOKIM , the world's leading manufacturer and distributor of e-scooters, has collaborated with Disney for its INOKIM Kids range of e-scooters, designed for children ages 5-8 featuring Disney, Pixar and MARVEL characters. INOKIM ...

IoT/AI solutions start-up, SpaceAge Labs, raises US$1.25 million in seed funding to make cities cleaner, greener, and safer

2022-03-01 22:00 2341

SINGAPORE, March 1, 2022 /PRNewswire/ -- "Growing populations, increased urbanisation, rising labour costs, lack of skilled workers, high safety standards and social distancing stipulations – various factors have been coming together resulting in the strong need for remote monitoring and IoT/AI ...

IFCO Japan acquires Sanko Lease's reusable container pooling services business

2022-03-01 21:54 2112

- Through the acquisition, IFCO Japan will become the leading provider of Reusable Packaging Containers (RPCs) for fresh grocery products inJapan further promoting sustainability and its business model based on the principle of circular economy. At the same time, IFCO Japan and Sanko Group have e...

51job, Inc. Enters into an Amended Merger Agreement for Going-Private Transaction

2022-03-01 21:30 3380

SHANGHAI, March 1, 2022 /PRNewswire/ -- 51job, Inc. (Nasdaq: JOBS) ("51job" or the "Company"), a leading provider of integrated human resource services inChina , announced today that it has entered into an amendment to its previously announced Agreement and Plan of Merger dated as ofJune 21, 2021 ...

ESR's acquisition of ARA named "Deal of the Year: Asia" in 2021 PERE Global Awards

2022-03-01 20:33 5543

HONG KONG, March 1, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, is pleased to announce that the Group's acquisition of ARA Asset Management (...

BINANCE AND CUSCAPI BERHAD TO TAKE STRATEGIC STAKES IN MX GLOBAL

2022-03-01 18:43 2949

PETALING JAYA, Malaysia, March 1, 2022 /PRNewswire/ -- MX Global Sdn. Bhd. (MX Global) today announced an equity investment into the company from Binance, the world's largest digital asset and blockchain ecosystem. In addition, MX Global also landed another investment for Redeemable Convertible P...

Aon Acquires Tyche Platform to Expand Insurance Consulting Capabilities for Clients

2022-03-01 17:33 3573

LONDON, March 1, 2022 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced it has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. The transaction significantly expands Aon's existing capabilities to help re/insur...

Beam secures US$93 million in Series B funding led by private equity firm Affirma Capital

2022-03-01 15:49 3201

* The investment will accelerate Beam's deployment of its 5th generation Beam Saturn e-scooter with cutting-edge MARS ["Micromobility Augmented Riding Safety"] technology. * Beam has grown revenue by 15 times since the start of 2020, despite experiencing mobility restrictions caused by the Co...

Lifebit and Boehringer Ingelheim announce partnership to capture transformational value of health data

2022-03-01 14:00 2352

* Boehringer Ingelheim partners with Lifebit Biotech, Ltd. to build a scalable data, analytics, and infrastructure platform * This collaboration aims at capturing translational disease insights from large external healthcare biobanks and maximizing value of data for drug discovery and precisi...

First carbon-neutral ocean technology company Caravelle to list on Nasdaq via SPAC

2022-03-01 13:51 1761

SHANGHAI, March 1, 2022 /PRNewswire/ -- Caravelle, a global carbon-neutral ocean-going technology company, has signed a letter of intent with Pacifico Acquisition Corp. (NASDAQ:PAFO) onDecember 31, 2021, EST. Caravelle will be expected to be listed on NASDAQ. At the same time, a number of private...

Henniges Automotive and Guizhou Guihang Automotive Components Form Strategic Joint Venture

2022-03-01 09:59 2365

AUBURN HILLS, Mich., March 1, 2022 /PRNewswire/ -- Henniges Automotive Holdings, Inc., a leading supplier of highly engineered sealing systems for the global automotive market, today announced it has formed a strategic joint venture with Guizhou Guihang Automotive Components Co., Ltd., a manufact...

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