Investment & Financing
LG EXPANDS INVESTMENT IN AI AND DEEP TECH STARTUPS
Company Joins SBVA's AI Fund and Continues Efforts to Nurture Future Businesses Through Open Innovation Activities SEOUL, South Korea, Aug. 20, 2024 /PRNewswire/ -- LG Electronics (LG) is making significant investments in startups specializing in artificial intelligence (AI) and deep tech. LG ha...
UTime Limited Partners with Dr. Ehud Baron to Pioneer AI-Driven Health Solutions
SHENZHEN, China, Aug. 19, 2024 /PRNewswire/ -- UTime Limited (NASDAQ: WTO) ("UTime" or the "Company") is pleased to announce a Memorandum of Understanding ("MOU") with XCardio, a Japanese company owned by Dr.Ehud Baron, a leader in medical technology innovation. This partnership focuses on the jo...
Sirius Aviation AG and Marathon Group Join Forces to Develop Zero-Emission Airports
Historic Partnership Aims to Revolutionize Hydrogen-Powered Aviation in
Australia
SYDNEY, Aug. 19, 2024 /PRNewswire/ -- Sirius Aviation AG
Prenetics Announces Acquisition of Europa Sports Partners in Strategic Expansion to Consumer Health and Wellness Industry
Europa Is One of the Largest Sports Nutrition Distributors With a Network of 10,000+ Gyms Across the United States Supports Prenetics' New Health and Wellness Brand IM8 with David Beckham as its Co-Founding Partner Projected Revenue of $100 Million+ in Consumer Segment for FY2025 CHARLOTTE, N.C...
DocPro Secures $500,000 Pre-Seed Investment from Multiway Industries to Drive Legal Tech Innovation
HONG KONG, Aug. 19, 2024 /PRNewswire/ -- DocPro Limited, a leading legal technology company, is pleased to announce the successful completion of a $500,000 pre-seed investment round from Multiway Industries. This strategic investment underscores DocPro's commitment to streamlining and enhancing th...
Genesis MedTech Announces the Sale of JC Medical, Inc to Edwards Lifesciences
SINGAPORE, Aug. 19, 2024 /PRNewswire/ -- Genesis MedTech has sold JC Medical, Inc. to Edwards Lifesciences, including the intellectual property and commercial rights of its J-Valve® System, a transcatheter aortic valve replacement for the treatment of severe aortic regurgitation. The transaction ...
Ericsson announces sale of iconectiv
* iconectiv is a US subsidiary of Ericsson acquired in 2012, and a provider of network number portability solutions and data exchange services * The divestment will allow iconectiv to continue its growth trajectory under the new ownership of Koch Equity Development LLC STOCKHOLM, Aug. 17, 2024...
MEGA MATRIX CORP. Announces Completion of Acquisition of the Parent of FlexTV, a Short Drama Streaming Platform
PALO ALTO, Calif., Aug. 16, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that it has completed the acquisition of the remaining 40% of FunVerse Holding Limited ("FunVerse"), a company incorporated under the laws of theBritish Virgin Islands...
EQT to acquire KJ Environment and affiliated companies to establish a leading waste treatment platform in South Korea
* KJ Environment and affiliated companies to form an end-to-end business portfolio in the waste treatment value chain specialized in plastic recycling and waste-to-energy * Global demand for recycled plastic is expected to accelerate due to strengthened regulations as well as voluntary commit...
Leading Group, an Insurance Channel Specialist in China, to be Publicly Listed through a Merger with Healthcare AI Acquisition Corp. (NASDAQ: HAIA)
NEW YORK, Aug. 15, 2024 /PRNewswire/ -- Leading Group Limited ("LEADING"), a licensed digital insurance broker operating in the Insurance Services segment in China as an Insurance Channel Specialist, and Healthcare AI Acquisition Corp. (" HAIA") (NASDAQ: HAIA), a publicly-traded special purpose acq...
Hydrexia Forms Strategic Partnership to Tap into Hydrogen Market in South America
SÃO PAULO and SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- Hydrexia LLC, a wholly-owned subsidiary of Hydrexia Holding Limited (Hydrexia), a leading global integrated hydrogen solution provider and GH2 Global (GH2), a key player in the development and deployment of hydrogen solutions inBrazil, today ...
Brewing A Bright Future: AB Mauri North America Acquires Omega Yeast Labs LLC
Chicago-based craft beer liquid yeast innovator joins with global yeast and ingredients company in the consumer alcohol beverage space ST. LOUIS, Aug. 15, 2024 /PRNewswire/ -- AB Mauri North America has completed the acquisition of Omega Yeast Labs LLC, effectiveAug. 14, 2024. Omega Yeast – a co...
USPACE Technology Group and EgSA Ink Strategic Partnership Intend to Set Up Aerospace Joint Venture in Cairo, Egypt to Tap the Booming African Space Economy
HONG KONG, Aug. 15, 2024 /PRNewswire/ -- USPACE Technology Group Limited ("USPACE " or "the Group"; Stock Code: 1725.HK) is pleased to announce that the Group has signed the strategic partnership agreement with the Egyptian Space Agency ("EgSA"), in relation to satellite manufacturing and testing...
USPACE Technology Group and EgSA Ink Strategic Partnership Intend to Set Up Aerospace Joint Venture in Cairo, Egypt to Tap the Booming African Space Economy
HONG KONG, Aug. 15, 2024 /PRNewswire/ -- USPACE Technology Group Limited ("USPACE " or "the Group"; Stock Code: 1725.HK) is pleased to announce that the Group has signed the strategic partnership agreement with the Egyptian Space Agency ("EgSA"), in relation to satellite manufacturing and testing...
SKF makes strategic acquisition to strengthen its lubrication management capabilities
GOTHENBURG, Sweden, Aug. 14, 2024 /PRNewswire/ -- SKF has signed an agreement to acquire John Sample Group's (JSG) Lubrication and Flow Management businesses. JSG is a well established provider of lubrication management systems and services. The acquisition further strengthens SKF's offering in a...
FOMO Group Expands Singapore Corporate Headquarters Marking 10 Years of Continued Growth
SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- FOMO Group, a Singapore-headquartered financial holding group, has marked its 10 year anniversary, and announced the establishment of an additional floor inSingapore's 140 Robinson Road, Tahir Building. The expanded headquarters span two floors in the hear...
Australian biotech incubator Proto Axiom announces $20M Series B first close
$20M unlocked for opportunities in Australian biotech innovation, valuing Proto Axiom at$90M SYDNEY, Aug. 13, 2024 /PRNewswire/ -- Proto Axiom, the Australian biomedical technology incubator has today announced a$20 million first close of its targeted$30 million Series B, to bolster Australia's...
Unipart acquires rail bearing and axle box reconditioning business in Sydney, Australia
OXFORD, England, Aug. 13, 2024 /PRNewswire/ -- Unipart, the supply chain
solutions and performance improvement technologies partner, has announced the
acquisition of the former Schaeffler Rail Bearing reconditioning business in
Auburn, New South Wales.
OcuMension acquires rights to Alcon eye drops in exchange for a 16.7% equity stake, signaling the commencement of comprehensive strategic relationship
SHANGHAI, Aug. 12, 2024 /PRNewswire/ -- On August 13th 2024, Ocumension Therapeutics ("OcuMension") announced an agreement with Alcon Inc. ("Alcon", and collectively with OcuMension, the "Parties") where OcuMension will acquire or secure commercialization rights inChina to a portfolio of Alcon dr...
Global IBO Group Ltd., an Integrated AIGC Animation Platform Provider, Announce Definitive Business Combination Agreement With Bukit Jalil Global Acquisition 1 Ltd.
NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Global IBO Group Ltd. ("GIBO"), a unique and integrated AIGC animation creation and streaming platform for storytellers and content creators, and Bukit Jalil Global Acquisition 1 Ltd. ("Bukit Jalil Global") (Nasdaq: BUJA), a publicly traded special purpose a...
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