Investment & Financing
Databricks Agrees to Acquire Arcion, the Leading Provider for Real-Time Enterprise Data Replication Technology
Arcion's connectors will simplify and accelerate ingesting data from enterprise databases to the Databricks Lakehouse Platform SAN FRANCISCO, Oct. 23, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced it has agreed to acquire Arcion, a Databricks Ventures portfolio compan...
BIMA MILVIK announces acquisition by CapitalSG and successful restructuring
SINGAPORE, Oct. 23, 2023 /PRNewswire/ -- BIMA MILVIK, the global digital health and insurance company, announces its acquisition by CapitalSG and the completion of a successful restructuring and recapitalisation. CapitalSG, a Singapore-based investment and advisory firm, has acquired a substanti...
PopChill x Entrupy Release Annual Taiwan Second-Hand Luxury Goods Report
TAIPEI, Oct. 23, 2023 /PRNewswire/ -- PopChill Corp, a second-hand luxury goods marketplace, announced the completion of its Pre-A+ round of funding onOctober 19th, and in collaboration with Entrupy, an AI powered international luxury goods authenticator, jointly released the 2023 annualTaiwan se...
Protos Labs Raises SGD $3 Million in Oversubscribed Seed Round to Revolutionize Cyber Risk Management
SINGAPORE, Oct. 23, 2023 /PRNewswire/ -- Protos Labs, a pioneering cyber risk management company, today announced a successful seed round funding of SGD$3 million. The company plans to use the funds to accelerate its global expansion and product development, as it works to revolutionize the cyber...
PIF and Hyundai Motor Company Sign Joint Venture Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia
* The joint venture will leverage Hyundai's global automotive leadership to localize manufacturing inSaudi Arabia * The total investment for the manufacturing plant is estimated to exceed $ 500 millionand will manufacture both internal combustion engines and electric vehicles RIYADH, Saudi Ara...
Cosmos Innovation Emerges from Stealth with $19.7 Million to Accelerate Solar Transition to Perovskite Silicon Tandem with Industry-First Self-Learning AI Fab Platform
As conventional solar technology reaches its fundamental limits, Cosmos gains speed with 10x faster process development of perovskite silicon tandem technology through the company's Mobius AI platform SINGAPORE, Oct. 20, 2023 /PRNewswire/ -- Cosmos Innovation, an AI-first company building n...
Taiwan's fashion luxury marketplace PopChill receives a US$1.9 million investment to expand into the Hong Kong market
TAIPEI, Oct. 20, 2023 /PRNewswire/ -- PopChill, a Taiwan-based fashion luxury marketplace, announced onOctober 19th that it has secured an investment of US$1.9 million. The investors in this round include ITIC, AVA Angels Fund, 500 Global, Acorn Pacific Ventures, andDarwin Venture. Including the ...
Bamboo Rose Accelerates Next Generation of Retailer and Supplier Collaboration with Supply Pilot Acquisition
Combination of Bamboo Rose and Supply Pilot will empower active supplier engagement throughout the entire retail lifecycle, from ideation to delivery. BOSTON, Oct. 19, 2023 /PRNewswire/ -- Bamboo Rose, the leading collaborative product development, sourcing, and supply chain platform for global ...
Malteurop sets out to conquer new markets, with the inauguration of its new malthouse in Mexico
REIMS, France and MEOQUI, Mexico, Oct. 19, 2023 /PRNewswire/ -- Vivescia Group, a French cooperative agri-food group with operations in 25 countries around the world,today inaugurated a new malthouse for its malting business in Meoqui (Chihuahua state –North Mexico), in the presence of all the...
REALM Events and Unicorn Group Announce Strategic Joint Venture
LAS VEGAS, Oct. 18, 2023 /PRNewswire/ -- REALM Events
GCL Asia signs Business Combination Agreement with RF Acquisition Corp to go public in a SPAC merger valuing the video game distributor & publisher at US$1.2 billion.
* GCL Asia is a leading video game distribution and publishing group in Asia, with more than 2100 online and offline retail touchpoints for game distribution. * GCL has been the exclusive distributor in Asia for 50% of the best-selling games since 2011 and has recently expanded into game publis...
GDS Formalizes Joint Venture with INA, Propelling Digital Infrastructure Development in Indonesia
BEIJING, Oct. 18, 2023 /PRNewswire/ -- GDS, a leading developer and operator of high-performance data centers inAsia, has officially formed a joint venture with Indonesia Investment Authority (INA),Indonesia's sovereign wealth fund, aiming to propel the growth and advancement of the data center l...
CJ Foods Partners with T&R Biofab to Shape the Future of Food
CJ Foods and T&R Biofab aim to synergize their unique expertise and technologies to bring to the market innovative food products SEOUL, South Korea, Oct. 18, 2023 /PRNewswire/ -- CJ Foods, a business unit of South Korea-based CJ CheilJedang, announced that it entered into a joint development agre...
GCL Asia, a Leading Video Game Publisher & Distributor in Asia, to Go Public via Merger with RF Acquisition Corp
* GCL Asia is a leading video game distribution and publishing group in Asia, with more than 2100 online and offline retail touchpoints for game distribution. * GCL has been the exclusive distributor in Asia for 50% of the best-selling games since 2011 and has recently expanded into game publis...
Outsized closes Series A round led by Knife Capital to expand Talent-on-Demand platform across Asia-Pacific, Africa, and the Middle East
LONDON, Oct. 18, 2023 /PRNewswire/ -- Outsized
Veefin Solutions Ltd., Fintek collaborate to offer scalable technology solutions to lending institutions
HO CHI MINH CITY, Vietnam, Oct. 18, 2023 /PRNewswire/ -- Vietnam boasts one of Southeast Asia's most rapidly expanding economies, primarily driven by a flourishing manufacturing industry. Veefin Solutins Ltd. (Veefin), in collaboration with Fintek, endeavors to support this growth by offering sc...
Supernal and Korean Air Announce Strategic Partnership to Spur Development of Advanced Air Mobility Vehicles and Operational Ecosystem
New relationship is latest in string of partnerships designed to advance development of Supernal's vision for AAM SEOUL, South Korea and WASHINGTON, Oct. 18, 2023 /PRNewswire/ -- Supernal LLC – Hyundai Motor Group's Advanced Air Mobility (AAM) company – announced today a strategic partnership wi...
TerraPay and Papara Join Forces to Revolutionize Turkish Cross-Border Payments
ISTANBUL, Oct. 18, 2023 /PRNewswire/ -- TerraPay, a leading cross-border payments network, and Papara, a leading fintech company inTurkey, have announced a ground-breaking partnership aimed at reshaping the landscape of global money movement. With this strategic alliance, TerraPay and Papara are ...
Meeranda Joins NVIDIA Inception
TORONTO, Oct. 17, 2023 /PRNewswire/ -- Meeranda, a privately held artificial intelligence (AI) solutions provider serving both small and medium businesses (SMBs) and global multinational corporations (MNCs), announced today that it has joined NVIDIA Inception, a program that nurtures startups rev...
Global Healthcare Startup Sky Labs Attracts Investments Totaling KRW 20.7 Billion in a Series C Round
- Major investors include Korea Development Bank (KDB), K2 Investment Partners, DEVSISTERS VENTURES, SJG Partners, and OPENWATER INVESTMENT - Distribution of 'CART BP,' a ring-type cuffless blood pressure monitor that enables continuous blood pressure measurement and monitoring 24/7, will be ful...
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