Investment & Financing

Global Venture Capital Firm Flourish Expands Team and Regional Efforts

2022-02-18 00:00 2872

New Hires Support Fintech Entrepreneurs in SE Asia, Brazil, India, and U.S. REDWOOD CITY, Calif., Feb. 17, 2022 /PRNewswire/ -- Today, venture capital firmFlourish announced that it is expanding its global investment team with four new hires and building its local presence inSingapore and Sao Pau...

China Liberal Education Holdings Limited Provides Update on Acquisition of Wanwang Investment Limited

2022-02-17 21:30 4088

BEIJING, Feb. 17, 2022 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal", or the "Company", or "we"), a China-based company that provides smart campus solutions and other educational services, today provided an update on the acquisition (the "Acquisition") o...

Enfinity Global consolidates platform in Japan through the acquisition of 250 MW solar portfolio

2022-02-17 21:00 3629

TOKYO, Feb. 17, 2022 /PRNewswire/ --  * The portfolio includes 70 MW of operating assets across three PV plants, and 180 MW under construction across five PV plants, all operating under the Feed in Tariff program * The total enterprise value of the portfolio at acquisition was $1 billion ...

With an eye on bridging Cefi and Defi, M2P Fintech acquires Core Banking platform company BSG ITSOFT

2022-02-17 17:34 2563

The acquisition expands M2P Fintech capabilities to roll out full digital Bank BANGALORE, India, Feb. 17, 2022 /PRNewswire/ -- M2P Fintech, Asia's largest API infrastructure company has signed definitive agreement to acquire BSG ITSOFT, a leading provider of Core banking solutions. The acquisitio...

Metanoia, NKG and III Demonstrate an Interoperable 5G NR Sub-6GHz RU Solution at the O-RAN Global PlugFest 2021

2022-02-17 13:28 1435

HSINCHU, Feb. 17, 2022 /PRNewswire/ -- Metanoia Communications ("Metanoia") today, in collaboration with New Kinpo Group ("NKG") and Institute for Information Industry ("III"), announced participation and successful completion of all test cases during the O-RAN Global PlugFest 2021, inTaiwan, usi...

Metanoia, NKG and III Demonstrate an Interoperable 5G NR Sub-6GHz RU Solution at the O-RAN Global PlugFest 2021

2022-02-17 13:00 1783

HSINCHU, Feb. 17, 2022 /PRNewswire/ -- Metanoia Communications ("Metanoia") today, in collaboration with New Kinpo Group ("NKG") and Institute for Information Industry ("III"), announced participation and successful completion of all test cases during the O-RAN Global PlugFest 2021, inTaiwan, usi...

LGES completes acquisition of NEC Energy Solutions to expand capabilities in ESS value chain

2022-02-17 08:00 1532

* LG Energy Solution acquires 100% share of NEC Energy Solutions, a non-automotive lithium-ion battery and system integration business * Purchase strengthens LGES's ability to deliver fully integrated energy storage systems including installation, maintenance and operations support to enhance...

THE 8 X JEFF KOONS: the US artist has created his dream car with BMW

2022-02-17 07:01 2394

LOS ANGELES and MUNICH, Feb. 17, 2022 /PRNewswire/ -- In an exclusive edition of 99 automobiles, a limited number of the M850i xDrive Gran Coupé were created byJeff Koons and BMW in close collaboration. With THE 8 X JEFF KOONS, the most elaborately designed vehicle in all of BMW's history will be...

Altair Acquires Cassini to Accelerate Development of Digital Thread Technology

2022-02-16 20:00 3888

TROY, Mich., Feb. 16, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), acquired Cassini, a next-generation cloud native technology for Industry 4.0. With the acquisition, Altair deepens its expertise and strengthens its ability...

PDI Acquires Azpiral, Expanding Consumer Engagement Solutions for the Global Convenience and Petroleum Market

2022-02-16 18:00 2626

The feature-rich loyalty and marketing solutions portfolio from Azpiral adds to PDI's growing global presence and solution set, along with other recent acquisitions in the European market ATLANTA, Feb. 16, 2022 /PRNewswire/ -- PDI (www.pdisoftware.com), a global provider of leading enterprise ma...

Secure Thingz and IAR Systems endorse global joint statement for consumer IoT security

2022-02-16 16:34 1616

UPPSALA, Sweden, Feb. 16, 2022 /PRNewswire/ -- Through the World Economic Forum's Council on the Connected World, the companies are joining forces with industry, hackers, and consumer groups for building consensus on security for consumer IoT devices Cambridge, UK / Uppsala, Sweden-February 16, ...

Qumata signals global expansion with extension of Series A funding to US$23M with an additional key investor joining its portfolio of backers

2022-02-16 15:33 2411

HONG KONG, Feb. 16, 2022 /PRNewswire/ -- Qumata, a global leader in tech solutions transforming the insurance industry ecosystem with a disruptive machine learning and artificial intelligence (ML/AI) underwriting solution, has announced an extension to its Series A round of funding toUS$23 mil...

Fifth Wall Closes €140 Million for Oversubscribed European Real Estate Technology Fund

2022-02-16 15:05 2128

LONDON, Feb. 16, 2022 /PRNewswire/ -- Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry, announced that it has closed an oversubscribed €140 million for its European Real Estate Technology Fund (European Fund). Like prior Fifth Wall funds, th...

Funding Societies raises US$294m to fuel expansion plans in Southeast Asia

2022-02-16 11:15 2686

* Southeast Asia's largest SME digital financing platform raises US$144 million Series C+ equity and US$150 million debt lines from financial institutions inEurope, the United States, and Asia. * The round is led by SoftBank Vision Fund 2, with participation from VNG, Rapyd Ventures, EDBI, In...

watchTowr Raises US$2.25 Million Seed Funding to Empower Enterprises to Continuously Secure their Attack Surface from Evolving Cyber Threats

2022-02-16 11:00 2896

SINGAPORE, Feb. 16, 2022 /PRNewswire/ -- watchTowr , a Singapore-based cybersecurity start-up, announced this week that it had raisedUS$2.25 million in seed funding from Wavemaker Partners and Vulcan Capital . watchTowr ...

Nintex Acquires Process Discovery Innovator and RPA Leader Kryon

2022-02-16 06:02 1930

Addition of AI-enabled Process Discovery Technology Furthers Nintex's Position as the Process System of Record for Commercial Enterprises and Government Agencies  MELBOURNE, Australia, Feb. 16, 2022 /PRNewswire/ -- Nintex, the global standard for process intelligence and automation, announced th...

Nintex Acquires Process Discovery Innovator and RPA Leader Kryon

2022-02-16 04:02 1766

Addition of AI-enabled Process Discovery Technology Furthers Nintex's Position as the Process System of Record for Commercial Enterprises and Government Agencies  AUCKLAND, New Zealand, Feb. 16, 2022 /PRNewswire/ -- Nintex, the global standard for process intelligence and automation, announced t...

Saksoft Pte Acquires MC Consulting Pte

2022-02-15 17:50 2028

This acquisition reinforces Saksoft Group's market position as a solution provider to the Logistics & Transportation industry SINGAPORE, Feb. 15, 2022 /PRNewswire/ -- Saksoft Limited (NSE: SAKSOFT) (BSE: 590051), a leading digital transformation solution provider, announced that its Singapore Su...

G7 Raises US$200 Million in New Funding

2022-02-15 16:48 2076

BEIJING, Feb. 15, 2022 /PRNewswire/ -- G7 announced raising US$200 million led by Trustbridge Partners and CS Capital, while early investors also participated in the funding. G7 is a leading software service provider in China's road freight ind...

United Safety acquires FGI Fire PTY Ltd.

2022-02-15 08:00 3879

The organization completes its sixth acquisition in Australia over a 12-month period EXTON, Pa., Feb. 15, 2022 /PRNewswire/ -- United Safety, a global manufacturer of safety and survivability solutions, announced the acquisition of FGI Fire effectiveFebruary 11th, 2022. All employees, including...

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