Investment & Financing
Inceptio Technology completes US$188 million in financing, led by Sequoia Capital China and Legend Capital
SHANGHAI, Feb. 28, 2022 /PRNewswire/ -- Inceptio Technology, an autonomous driving truck technology and operation company, announced the closing of a US $188 million Series B+ equity financing. This round of financing is jointly led by Sequoia Capital China and Legend Capital. Co-investors include...
Energy-efficient AI Semiconductor Company EdgeCortix Closes Series A Funding
TOKYO, Feb. 28, 2022 /PRNewswire/ -- EdgeCortix® the AI-focused fabless semiconductor company today announced that it has closed over$8 Million USD in series A funding. EdgeCortix's reconfigurable Dynamic Neural Accelerator® processor architecture and AI acceleration SoC SAKURA™ brings best-in-c...
Lear Completes Acquisition of Kongsberg Automotive's Interior Comfort Systems Business Unit
SOUTHFIELD, Mich., March 1, 2022 /PRNewswire/ – Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has completed the acquisition of substantially all of Kongsberg Automotive's Interior Comfort Systems (ICS) business unit. The acquisiti...
SpaceAge Labs raises US$1.25 million in seed funding to make cities cleaner, greener and safer
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 come together resulting in the strong need for remote monitoring and IoT/AI solutio...
Biocon Biologics to Acquire Viatris' Biosimilars Assets for up to USD 3.335 billion in Stock and Cash
BENGALURU, India, Feb. 28, 2022 /PRNewswire/ -- Biocon Biologics Ltd., a subsidiary of Biocon Ltd. (BSE code: 532523) (NSE: BIOCON), has entered into a definitive agreement with its partner Viatris Inc. (NASDAQ: VTRS). Accordingly, Biocon Biologics Ltd. (BBL) will acquire Viatris' biosimilars bus...
KPS CAPITAL PARTNERS TO ACQUIRE OLDCASTLE BUILDINGENVELOPE INC. FROM CRH PLC
North American Leader in Architectural Hardware, Glass and Glazing Systems NEW YORK, Feb. 28, 2022 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire Oldcastle BuildingEnvelope Inc. ("OBE" or th...
Niyo raises US$100 million in Series C round led by Accel and Lightrock
Will be using the funds to accelerate mission to make banking easier for 30
million users
MUMBAI, India, Feb. 25, 2022 /PRNewswire/ -- Niyo
Destiny pushes European ambitions with the new name 'Dstny'
New brand identity and commitment as the co-name sponsor of Belgian UCI WorldTour team Lotto-Dstny from 2023 will propel brand recognition for the cloud-based Business Communications provider BRUSSELS, Feb. 24, 2022 /PRNewswire/ -- Destiny is taking an important next step in realising its Europe...
India's Largest Digital Healthcare Company MediBuddy Raises USD 125 Million in Series C Funding
Largest funding round in the Digital Healthcare services space BANGALORE, India, Feb. 24, 2022 /PRNewswire/ -- MediBuddy, India's largest end-to-end digital healthcare platform, has raisedUSD 125 million in Series C funding fromQuadria Capital and Lightrock India along with participation from ex...
Nippon Paint Malaysia, 1st in the region to offer Total Coating and Construction Solutions (TCCS)
SHAH ALAM, Malaysia, Feb. 24, 2022 /PRNewswire/ -- Malaysia's No. 1 total coating solutions provider, Nippon Paint Malaysia Sdn. Bhd. (Nippon Paint), officially announced its 100% acquisition of CMI Construction Material Industry Sdn. Bhd. (CMI) and an 85% stake in CMI Marketing Sdn. Bhd. (CMIM)....
Fosun RZ Capital raised new RMB Fund worth $300M+, setting the firm on course to becoming a fast-rising industrial investor
SHANGHAI, Feb. 24, 2022 /PRNewswire/ -- Fosun RZ Capital, a venture capital firm originated inChina with a global investment layout, has announced on Thursday that it had completed the raising of its third RMB-dominated fund. The size of the newly raised fund, which is registered atShanghai's Son...
Shipsy Raises USD 25 Million in Series B To Accelerate Global Expansion and Product Innovation
GURUGRAM, India, Feb. 24, 2022 /PRNewswire/ -- Shipsy, a leading SaaS-based
smart logistics management platform provider, has raisedUSD 25 million in a
Series B round co-led by A91 Partners and Z3 Partners along with existing
investors Info Edge and Sequoia Capital India's Surge.
Mobileum and VoerEir Partner to Provide End-to-End Service Assurance and Network Function Virtualization Infrastructure Testing and Benchmarking
CUPERTINO, Calif., Feb. 24, 2022 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and network services, security, risk management, testing and service assurance, and subscriber intelligence, is pleased to announce their technology partnershi...
BNY Mellon and Poste Italiane Increase Investment in Volante Technologies to Further Payments Innovation
NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments and financial messaging, today announced it received additional growth funding fromBNY Mellon and Poste Italiane. With this investment, both banks are solidifying their commitment to payments modern...
Higg Partners with Apparel Impact Institute, Offering Customized Carbon Reduction Strategies for Apparel Brands and Manufacturers
SAN FRANCISCO, Feb. 23, 2022 /PRNewswire/ -- Higg, the sustainability insights platform for the consumer goods industry, has partnered with theApparel Impact Institute (Aii) to launch a new measurable carbon management program for manufacturing facilities. TheCarbon Leadership Program, led by ...
Redpanda Announces $50M Series B Funding from GV, Lightspeed Venture Partners, and Haystack VC
SAN FRANCISCO, Feb. 23, 2022 /PRNewswire/ -- Redpanda Data (formerly Vectorized) today announced it has raised$50M in Series B funding, led by GV with participation from Lightspeed Venture Partners (LSVP) and Haystack VC. Released in early 2021, Redpanda is a modern streaming platform that gives ...
Liberty Strategic Capital Leads Investment Round in BlueVoyant, an Industry-Leading Cyber Defense Platform
WASHINGTON, Feb. 23, 2022 /PRNewswire/ -- Liberty Strategic Capital, a private equity firm founded and led by former Secretary of the TreasurySteven T. Mnuchin , today announced that it has entered into a definitive agreement with BlueVoyant, LLC, an industry-leading cyber defense platform, to inv...
BlueVoyant Raises $250 Million Series D Led by Liberty Strategic Capital
NEW YORK, Feb. 23, 2022 /PRNewswire/ -- BlueVoyant, an industry-leading internal and external cyber defense platform, announced today the close of its Series D round. Liberty Strategic Capital, a private equity firm founded and led by former U.S. Secretary of the TreasurySteven T. Mnuchin, led th...
TOGETHER GROUP CREATES AN INDUSTRY-LEADING GROUP OF AGENCIES SPECIALISING IN LUXURY AND LIFESTYLE
LONDON and NEW YORK, Feb. 23, 2022 /PRNewswire/ -- Together Group, a global group of industry-leading agencies focused on the luxury and lifestyle sectors, today announced the acquisition of significant stakes in five founder-led companies to secure its position as a full-service solution for the...
BIORCHESTRA Announces 45 Million USD Series C Fundraising
SEOUL, South Korea, Feb. 22, 2022 /PRNewswire/ -- BIORCHESTRA is a leading RNA therapeutics company whose lead programs focus on neurodegenerative diseases using its proprietary RNA-based drug and drug delivery platforms. Today, BIORCHESTRA announced the completion of its45 million USD (54 billio...
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