Investment & Financing

Aramco to enter South American retail market with Esmax acquisition

2023-09-16 00:37 4642

* 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

2023-09-15 21:17 6778

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

2023-09-15 13:00 2012

SAN FRANCISCO, Sept. 15, 2023 /PRNewswire/ -- Pixis , a leading codeless AI infrastructure company focused on enabling brands to enhance performance marketing, has raised$85 million in its series C1 funding round. The round was led by Touring Capital and brings the company's ca...

Pixis, a Leading Codeless AI Infrastructure Company for Marketing, Secures Funding of $85 million in Series C1 Funding

2023-09-15 12:49 2549

SAN FRANCISCO, Sept. 15, 2023 /PRNewswire/ -- Pixis , a leading codeless AI infrastructure company focused on enabling brands to enhance performance marketing, has raised$85 million in its series C1 funding round. The round was led by Touring Capital and brings the company's ca...

DL Holdings Announces Acquisition of Remaining 55% Stake in Family Office

2023-09-15 11:33 4792

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

2023-09-14 21:00 2345

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

2023-09-14 04:50 3088

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

2023-09-13 21:27 4062

* 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

2023-09-13 20:27 3125

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

2023-09-13 20:00 3090

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

2023-09-13 09:20 2095

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

2023-09-13 09:00 3480

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

2023-09-12 21:00 2259

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

2023-09-12 21:00 3577

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

2023-09-12 21:00 2321

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

2023-09-12 20:05 2324

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

2023-09-12 20:00 2618

CASTRES, France and BASEL, Switzerland, Sept. 12, 2023 /PRNewswire/ --  Pierre Fabre Laboratories , the French pharmaceutical and dermo-cosmetic company, announced the acquisition of Vertical Bio AG, a developer of novel cancer therapies. This first acquisition of...

HN-Novatech bags $4m in funding and launches the world's first proprietary seaweed heme ingredient for plant-based meat applications in Singapore

2023-09-12 20:02 3473

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

2023-09-12 12:30 4430

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

2023-09-12 10:38 3743

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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