Investment & Financing

Brendan Iribe, Co-Founder of Oculus, Adam Cheyer, Co-Founder of Siri, Eric Migicovsky, Founder of Pebble, Lead Consortium of Revolutionary Tech Entrepreneurs Investing US$3.0M in Seed Funding into Brilliant Labs, Developing Next-Gen Platform Fusing AR with Generative AI

2023-06-28 00:00 3178

Following a successful launch of its open-source "Monocle" AR device, coupling AR with AI, Brilliant Labs' seed round saw participation fromBrendan Iribe, co-founder of Oculus,Adam Cheyer, co-founder of Siri, Eric Migicovsky, founder of Pebble, along with VCs like Plug & Play SINGAPORE, June 27,...

RENATUS ROBOTICS Inc. announces $2 million in seed funding to shape the future of fully unmanned and autonomous logistics infrastructures, starting with e-commerce

2023-06-27 23:01 2866

The logistics, robotics, and blockchain company is seeking an additional $2 million for its pre-Series A round as it prepares for its first commercial installation at an e-commerce fulfillment center  LEWES, Del., June 29, 2023 /PRNewswire/ -- RENATUS ROBOTICS Inc., a logistics startup, has anno...

Driving the Future: NoTraffic Accelerates with $50 Million Series B Funding for the Next Generation of Mobility Infrastructure

2023-06-27 19:00 3736

This latest funding round bolsters the company's position as a pioneering company digitizing the mobility industry and sets the stage for further growth and innovation TEL AVIV, Israel and PALO ALTO, Calif., June 27, 2023 /PRNewswire/ -- NoTraffic , the leading mobility ...

Yiren Digital Announces the Acquisition of Chongqing Jintong

2023-06-27 18:00 4890

BEIJING, June 27, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform inChina, today announced that it had entered into an equity transfer agreement (the "Agreement") to acquire 100% equity interest in Ch...

KERING BEAUTÉ ACQUIRES CREED, THE HIGH-END LUXURY HERITAGE FRAGRANCE HOUSE

2023-06-27 15:04 2874

Iconic heritage fragrance House with strong legacy recognized for crafting unique scents, harnessing exquisite natural ingredients Largest global independent player in the fast-growing high-end luxury fragrance segment A major step for Kairos Beauté, creating a sizeable platform for future grow...

KERING BEAUTÉ ACQUIRES CREED, THE HIGH-END LUXURY HERITAGE FRAGRANCE HOUSE

2023-06-27 10:50 2746

Iconic heritage fragrance House with strong legacy recognized for crafting unique scents, harnessing exquisite natural ingredients Largest global independent player in the fast-growing high-end luxury fragrance segment A major step for Kairos Beauté, creating a sizeable platform for future grow...

Lion TCR Secures USD 40 million Series B2 Financing, Revolutionizing Solid Tumor Treatment with mRNA-Encoding TCR-T Cell Therapy

2023-06-27 08:30 4875

SINGAPORE and GUANGZHOU, China, June 27, 2023 /PRNewswire/ -- 27 June 2023, Lion TCR, a clinical-stage T-cell immunotherapy company, is thrilled to announce the successful completion of itsUSD 40 million Series B2 financing round. Guangzhou Industrial Investment and Capital Operation Holding Grou...

Sicona acquires major international patent portfolio

2023-06-27 06:00 3640

Acquisition will make Australian based company a 'Global Battery Materials Champion' SYDNEY, June 26, 2023 /PRNewswire/ -- Australian battery materials company Sicona Battery Technologies has secured a major patent acquisition, further cementing its future as a global battery materials manufactu...

Baird Medical, A Leading Developer and Provider of Microwave Ablation (MWA) Medical Devices in China, to be Publicly Listed on NASDAQ through a Proposed Business Combination with ExcelFin Acquisition Corp.

2023-06-26 21:54 4850

* Ranked first among MWA medical device providers in thyroid nodule and breast lump treatment with approximately 35% market share inChina[1] * Extensive distribution network with over 430 hospitals penetrated and national coverage across 21 provinces, municipalities, and autonomous regions in ...

Databricks Signs Definitive Agreement to Acquire MosaicML, a Leading Generative AI Platform

2023-06-26 20:00 2320

Together, Databricks and MosaicML will enable any company to build, own and secure best-in-class generative AI models while maintaining control of their data SAN FRANCISCO, June 26, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced it has entered into a definitive agreeme...

IBM to Acquire Apptio Inc., Providing Actionable Financial and Operational Insights Across Enterprise IT

2023-06-26 19:00 4077

$4.6 billion acquisition to advance IBM's existing resource optimization, observability and application management offerings, maximize value for clients and drive significant synergies across several IBM growth areas ARMONK, N.Y., June 26, 2023 /PRNewswire/ -- IBM (NYSE: IBM

MDJM Announces the Acquisition and Renovation of Two New U.K. Hotel Properties as a Part of its Globalization Strategy

2023-06-26 15:00 4581

LETHAM, United Kingdom, June 26, 2023 /PRNewswire/ -- MDJM LTD (Nasdaq: MDJH) (the "Company" or "MDJM"), an integrated global culture-driven asset management company, recently completed the acquisition and renovation of two new properties,Fernie Castle and Robin ...

Danske Bank Selects Infosys as Strategic Partner to Accelerate Digital Transformation

2023-06-26 13:52 5211

* Infosys will also acquire Danske Bank's IT centre in India which employs 1400 digitally skilled professionals * Engagement expands Infosys' footprint and reinforces commitment to the Nordics BENGALURU, India and COPENHAGEN, Denmark, June 26, 2023 /PRNewswire/ --  Infosys

Danske Bank Selects Infosys as Strategic Partner to Accelerate Digital Transformation

2023-06-26 13:14 3883

* Infosys will also acquire Danske Bank's IT centre in India which employs 1400 digitally skilled professionals * Engagement expands Infosys' footprint and reinforces commitment to the Nordics BENGALURU, India and COPENHAGEN, Denmark, June 26, 2023 /PRNewswire/ --  Infosys

Prenetics and Globally Renowned Scientist Prof. Dennis Lo Establish US$200m Joint Venture "Insighta" for Breakthrough Multi-Cancer Early Detection Screening

2023-06-26 08:45 4045

Company will Host Conference Call to Discuss the Transaction on June 26 at 8:30 a.m. EDT - Insighta is a 50/50 Joint Venture by Prenetics and Professor Dennis Lo. - Insighta is powered by technology developed by the Centre for Novostics which is supported by the InnoHK Initiative of the Innovati...

Brii Biosciences Announces Entry into Definitive Agreements from Sale of its Equity Interest in Qpex Biopharma and Acquiring Exclusive Global Rights for BRII-693

2023-06-26 07:30 4098

Company acquires exclusive global rights of the novel lipopeptide BRII-693 for the difficult to treat MDR/XDR gram-negative bacterial infections Company returns Greater China rights to Qpex Biopharma of beta-lactamase inhibitor QPX7728-based products Company to receive ~$24M upfront cash payme...

SMARTKEM, INC. RECEIVES ADDITIONAL $2.0 MILLION IN FINAL CLOSING OF PRIVATE PLACEMENT

2023-06-23 20:02 7933

MANCHESTER, England, June 23, 2023 /PRNewswire/ -- SmartKem, Inc. ("SmartKem" or the "Company") (OTCQB:SMTK), a company seeking to reshape the world of electronics with its disruptive organic thin-film transistors (OTFTs), today announced that it had sold in the final closing of its previously-an...

Tagworks Pharmaceuticals Announces $65 Million in Series A Financing to Advance Click-to-Release Therapeutics

2023-06-22 21:53 3386

Financing round led by Ysios Capital and Gilde Healthcare with participation from Novartis Venture Fund, New Enterprise Associates, and Lightstone Ventures Unique Click-to-Release platform enables on-target activation of antibody-drug conjugates (ADCs) and immunomodulators, as well as off-target ...

Tencent Marketing Solution and dentsu announce joint business partnership at Cannes Lions

2023-06-22 19:29 13415

SHENZHEN, China, June 22, 2023 /PRNewswire/ -- As the economy rebounds, novel consumption trends and consumer behaviors are beginning to take shape, prompting major brands to increase their investment to tackle challenges and seize opportunities for future growth. These circumstances set the sta...

Hyundai Motor Joins Forces with Culture Convenience Club to Provide Personalized Zero-Emission Vehicle Lifestyle

2023-06-22 15:01 4275

* The partnership to propose new lifestyle that combines zero-emission-vehicle (ZEV) mobility and cultural content inJapan by collaborating on new concept mobility service, data-driven marketing and global experience platform development * Based on their shared people-centric vision, Hyundai ...

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