Investment & Financing
Caravelle International Group's CEO Sells Company His Sawmill and Laminate Wood Flooring Factories Valued at $30 Million for $1
Acquisition could add $150 million in revenue and $30 million in profit when operating at full-scale SINGAPORE, April 26, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that the Company's CEO Dr.Guohua Zhang has sold Penxing ...
ParticleX and HKUST Co-Invest in Quantum Computing Startup QUANTier
HONG KONG, April 26, 2023 /PRNewswire/ -- ParticleX, a leading venture capital company for startups, is thrilled to announce its partnership with theHong Kong University of Science and Technology (HKUST) Entrepreneurship Fund ("E-Fund") to co-invest inQUANTier, an innovative quantum computing sta...
HM International Holdings Limited Acquires Controlling Stake in Translation and Localization Company, Into23 Limited
HONG KONG, April 24, 2023 /PRNewswire/ -- Today, HM International Holdings Limited (HM International), a leading provider of content management solutions, announced that it has acquired a controlling stake in Into23 Limited (Into23), a Hong Kong-based translation and localization firm that special...
Digile Group Formed in Strategic Merger of Three Digital Technology Firms in Asia
SINGAPORE, April 25, 2023 /PRNewswire/ -- Three prominent digital services companies inAsia – Digile Technologies, Reveron Consulting, and Innopia Global have merged to create a digital services powerhouse with a formidable presence in the Asian region. The three companies, together known as 'Dig...
Financial Recovery Technologies Selected by BNY Mellon's Asset Servicing Business to Power its Settled Class Actions Recovery Program
Integrates FRT's industry-leading technology with BNY Mellon's custodian capabilities MEDFORD, Mass., April 24, 2023 /PRNewswire/ -- Financial Recovery Technologies (FRT), the leading global securities class actions recovery provider, today announced it will power the North American class action...
Farmmi Establishes New FARMMI USA INC. Wholly-Owned Subsidiary
LISHUI, China, April 24, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier inChina, today announced it has established in the U.S. a new wholly-owned subsidiary, FARMMI USA INC. Farmmi plans to leverage its new platform to expand its gro...
LCM Partners Closes Credit Opportunities 4 Strategy at €4.1 Billion
LONDON, April 24, 2023 /PRNewswire/ -- LCM Partners (LCM) today announced the successful final close of the Credit Opportunities 4 Strategy, with total capital commitments of €4.1 billion across the commingled fund together with several separately managed accounts. Commitments have been received ...
Asia's EV Race: Selex Motors raises $3 million from ADB Ventures, Schneider Electric Energy Access Asia and others
Accelerating the fastest growing EV ASEAN nation to effectively reduce carbon footprint of the last mile transportation segment. SINGAPORE, April 24, 2023 /PRNewswire/ -- Hanoi-based Selex Smart Electric Vehicles JSC (Selex Motors) is making waves in the electric vehicle (EV) and battery pa...
Leading private equity firm SKS Capital invests in South Korea's Grace
The deal will enable the expansion of Korea's largest distributor of beauty brands in Asian markets TAIPEI, April 24, 2023 /PRNewswire/ -- Leading venture capital and private equity firm, SKS Capital, is announcing its strategic investment in Grace, Korea's largest aggregator of international He...
Greencity Acquisition Corporation Signed LOI with a Chinese 3D printing Company
SHANGHAI, April 21, 2023 /PRNewswire/ -- Greencity Acquisition Corporation (the "Company" or "Greencity") (NASDAQ:GRCY) today announced that onApril 21, 2023 the Company signed a non-binding letter of intent ("LOI") with Bopai Construction Technology (Shanghai) Co., Ltd. (the "Bopai"), a company ...
LTS expands into large molecule drug delivery with the acquisition of the Sorrel wearable injection device business
ANDERNACH, Germany, April 21, 2023 /PRNewswire/ -- LTS LOHMANN Therapie-Systeme AG ("LTS"), a leading pharmaceutical technology company that develops and manufactures innovative drug delivery systems such as Transdermal Patches ("TTS"), Oral Thin Films ("OTF") and Micro Array Patches ("MAP") anno...
TOJOY CEO Ge Jun - "Clean Air Revolution" for Hotel Industry
BEIJING, April 20, 2023 /PRNewswire/ -- March 11, 2023, TOJOY, China's largest business acceleration platform announced plans for its new Oxygen-negetiveBar Hotel business during the China Hotel Green Development Forum. TOJOY CEO Ge Jun's keynote on speech outlined TOJOY's approach to unifying e...
WiMi Hologram Cloud Built An XR-based HCI System to Provide Multi-view Fusion Solutions
BEIJING, April 20, 2023 /PRNewswire/––WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a method and system for human-computer interaction based on XR technology that enhanc...
Scaled Agile, Inc. Enhances Cross-functional Team Planning in SAFe® Studio with Rentouch Acquisition
BOULDER, Colo., April 20, 2023 /PRNewswire/ -- Scaled Agile, Inc., provider of SAFe®, the world's leading system for business agility, today announced its acquisition of Rentouch, a Swiss-based company specializing in software for visualizing Agile planning events across multiple Agile teams with...
BioMed Technology Funded by Alibaba Hong Kong Entrepreneurs Fund, Gobi and TIMC to Realise Precision and Personalised Gut Microbiome Management for Wellness
HONG KONG, April 20, 2023 /PRNewswire/ -- BioMed Technology Holdings Limited (BioMed),Hong Kong's leading microbiome startup, has raised USD 2 million in its latest oversubscribed seed round from Alibaba Hong Kong Entrepreneurs Fund (AEF), Gobi Partners GBA and The International Medical Co. Ltd. ...
Akamai Technologies To Acquire API Security Company Neosec
Combined solutions expected to deliver complete API visibility and security coverage across all of the OWASP API top 10 attacks SINGAPORE, April 20, 2023 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announces that it has ...
Novalith Technologies raises AU$23 million in Series A Funding to revolutionise lithium production
SYDNEY, April 19, 2023 /PRNewswire/ -- Novalith Technologies, creator of a novel lithium extraction process that will unlock vast resources and deliver them without the environmental toll of traditional approaches, has raised AU$23 million in Series A funding. Led by Lowercarbon Capital, the roun...
State-owned Fund Joins Huayi Tencent's "Echartnow" Series A Financing, Kickstarting Its IPO Plan
HONG KONG, April 18, 2023 /PRNewswire/ -- Huayi Tencent Entertainment Company Limited("Huayi Tencent Entertainment", the "Company"; Stock code: 419.HK; together with its subsidiaries collectively known as the "Group") and its subsidiary "Shaanxi Yizhinuo Information Technology Company Limited" (t...
NetDragon announces signing of Merger Agreement to Spinoff Overseas Education Business for listing on NYSE
HONG KONG, April 18, 2023 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 777), a global leader in building internet communities, today announced that it has signed a merger agreement with Gravitas Education Holdings Inc. ("GEHI"), an NYS...
Chamlion completed 236 million yuan in Series B fundraising, building a new eco-system of digital dentistry
NANJING, China, April 18, 2023 /PRNewswire/ -- Recently, Chamlion, which focuses on the digitalization of the full process of dentistry, announced that it has completed the B round fundraising of236 million yuan. This round of fundraising was led by 3H Health, followed by Vertex Ventures China, e...
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