Investment & Financing
Aramco to enter South American retail market with Esmax acquisition
* Deal unlocks new market opportunities and advances Aramco's global Downstream expansion DHAHRAN, Saudi Arabia, Sept. 16, 2023 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción SpA ("E...
MultiMetaVerse Holdings Limited (Nasdaq: MMV) Enters Into Agreement To Acquire Taomee
NEW YORK and SHANGHAI, Sept. 15, 2023 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV"), an animation and entertainment company catering toChina's youth market, announced today that it has, through its subsidiary inChina, entered into an agreement (the "Agreement") to acquire 100% equity in...
Pixis, a Leading Codeless AI Infrastructure Company for Marketing, Secures Funding of $85 million in Series C1 Funding
SAN FRANCISCO, Sept. 15, 2023 /PRNewswire/ -- Pixis
Pixis, a Leading Codeless AI Infrastructure Company for Marketing, Secures Funding of $85 million in Series C1 Funding
SAN FRANCISCO, Sept. 15, 2023 /PRNewswire/ -- Pixis
DL Holdings Announces Acquisition of Remaining 55% Stake in Family Office
HONG KONG, Sept. 14, 2023 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company"; Stock Code: 1709.HK) has unveiled its acquisition of the remaining 55% stake in DL Family Office (HK) Limited ("DL Family Office") forHK$220 million. This strategic move follows the successful ac...
Databricks Raises Series I Investment at $43B Valuation
Round led by T. Rowe Price, joined by new investors Capital One Ventures, Ontario Teachers' Pension Plan and strategic investor NVIDIA SAN FRANCISCO, Sept. 14, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced its Series I funding, raising over$500 million. This funding v...
Avasa raises $1.55M in oversubscribed funding round with innovative implantable devices
MIAMI and AUCKLAND, New Zealand, Sept. 14, 2023 /PRNewswire/ -- Avasa, a medical device pioneer advancing surgical techniques for improved patient outcomes, announces the successful completion of its recent funding, raising an impressive$1.55 million in capital investment. The influx of new inves...
AWAK TECHNOLOGIES RAISES US$20+ MILLION, READYING ITS WEARABLE DIALYSIS DEVICE FOR US-BASED PIVOTAL TRIAL
* AWAK closes one of the largest MedTech fundraise in 2023 in Southeast Asia * The Series B round was co-led by new investor Lion X Ventures and long-term investor Vickers Venture Partners, along with other new and existing investors * AWAK's ultra-portable peritoneal dialysis system enables ...
PT SMI successfully obtained the offshore Sustainability-Linked Syndicated Term Loan Facility worth USD 700 million
JAKARTA, Indonesia, Sept. 13, 2023 /PRNewswire/ -- PT Sarana Multi Infrastruktur (Persero) ("PT SMI") has successfully completed the process of obtaining its first-ever, Sustainability-Linked Syndicated Term Loan Facility from a number of banking partners across geographies includingIndonesia, ...
TradeBeyond Acquires Pivot88
HONG KONG, Sept. 13, 2023 /PRNewswire/ -- TradeBeyond, the leader of extended supply chain management solutions for private label and branded merchandise, announced today that it has acquired Pivot88, the trusted SaaS provider of quality, compliance, and traceability solutions to brands and retai...
Hi2 Investment Management LLC selected as the winner of Best Overall Credit Fund
NEW YORK, Sept. 12, 2023 /PRNewswire/ -- After defying market volatilities and achieving outsized returns in 2022, Hi2 Investment Management LLC (Hi2 Cayman Fund SPC - Series B SP) has been selected as the winner of Best Overall Credit Fund category by the users of Hedgeweek and Private Equity Wi...
BlueRun Ventures China Announces Rebranding to Lanchi Ventures
BEIJING, Sept. 13, 2023 /PRNewswire/ -- BlueRun Ventures China ("BRV China" or
"company"), a leading early-stage technology-focused venture firm, today
announced that it is changing its English brand to Lanchi Ventures. The company
has launched a new websitewww.lanchiventures.com
DRUID Secures $30 Million as part of Series B Round to Enhance Enterprise Productivity Through Conversational Business Applications and Generative AI
BUCHAREST, Romania, Sept. 12, 2023 /PRNewswire/ -- DRUID, a global leader in conversational AI technology, announced today its successful$30 million Series B led by TQ Ventures, with participation from new investors Smedvig Capital, Endeavor, and Verve Ventures, and existing investors GapMinder, ...
Santoni Shanghai acquires a leading German knitting machinery maker Terrot in move to create a new ecosystem
The partnership is part of wider efforts to build a new global circular knitting machine industry leader. CHEMNITZ, Germany, Sept. 12, 2023 /PRNewswire/ -- Santoni Shanghai Knitting Machinery Co., Ltd., founded and wholly owned byItaly's Lonati family, today announced the strategic acquisit...
DRUID Secures $30 Million as part of Series B Round to Enhance Enterprise Productivity Through Conversational Business Applications and Generative AI
BUCHAREST, Romania, Sept. 12, 2023 /PRNewswire/ -- DRUID, a global leader in conversational AI technology, announced today its successful$30 million Series B led by TQ Ventures, with participation from new investors Smedvig Capital, Endeavor, and Verve Ventures, and existing investors GapMinder, ...
C CAPITAL SUCCESSFULLY COMPLETES THE CLOSING OF ITS PRIVATE EQUITY FUND III, REACHING A SIGNIFICANT MILESTONE
HONG KONG, Sept. 12, 2023 /PRNewswire/ -- Hong Kong-based C Capital announces the closing of its Private Equity Fund III, bringing the total investments from both its principal fund and associated co-investment vehicles to overUS$250 million, its largest private equity fund to date. This fund ha...
Pierre Fabre Laboratories Acquires Vertical Bio and its Innovative Targeted Therapy Candidate for Patients Suffering From Non-Small Cell Lung Cancer With MET Alteration
CASTRES, France and BASEL, Switzerland, Sept. 12, 2023 /PRNewswire/ --
Pierre Fabre Laboratories
HN-Novatech bags $4m in funding and launches the world's first proprietary seaweed heme ingredient for plant-based meat applications in Singapore
Exclusive South-East Asia (SG) Investor Launch SINGAPORE, Sept. 12, 2023 /PRNewswire/ -- Korean award-winning food-tech startup, HN Novatech is proud to launch ACOMS: the world's first proprietary heme-based seaweed ingredient for plant-based meat applications. On the 16th of August 2023, a group...
Wego Acquires Travelstop to Expand into Business Travel
DUBAI, UAE, Sept. 12, 2023 /PRNewswire/ -- Wego, the largest online travel marketplace in theMiddle East and North Africa (MENA) acquired Travelstop, a revolutionary platform that simplifies business travel and expense management for companies globally. This strategic move will expand Wego's reac...
Vertex Ventures Southeast Asia and India Partnership completes Final Close of Fund V at USD 541 Million exceeding its target fund size of USD 450 Million
SINGAPORE, Sept. 12, 2023 /PRNewswire/ -- Vertex Ventures Southeast Asia and India ("VVSEAI") is pleased to announce that it has completed the fund raising for its fifth and newest fund with commitments ofUSD 541 million. VVSEAI Fund V is 80% larger than VVSEAI Fund IV which was raised in 2019. ...
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