Investment & Financing
ScanTech Identification Beam Systems to Become a Publicly Traded Company Via Business Combination with Mars Acquisition Corp.
* ScanTech is an innovator of security screening systems, seeking to promote safer environments worldwide. * Pro forma enterprise value of the combined company is expected to be approximately$149.5 million with cash on hand of approximately $68 million, assuming no redemptions by Mars shareho...
Hollysys Receives Notices of Intention to Request Special Meeting of Shareholders and Additionally an Unsolicited Offer to Acquire the Company
BEIJING, Sept. 5, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") announced that onAugust 23, 2023, it received from certain shareholders of the Company, notices of intention (collectively, the "Notices of Intention") to request the board of...
IndoSpace Logistics Parks IV fundraising reaches $393M with second close led by QIA and Grosvenor
SINGAPORE and MUMBAI, India, Sept. 5, 2023 /PRNewswire/ -- IndoSpace, the largest investor, developer, and operator of grade A industrial and logistics real estate in India, is pleased to announce the successful completion of its second round of fundraising for IndoSpace Logistics Parks IV ("ILP ...
COP28 Presidency Partners with African Leaders to Raise Climate Ambitions, Seize Opportunity of Green Growth Through Fairer Climate Finance for Africa
* COP28 President-Designate Dr. Sultan Al Jaber addressed the inaugural Africa Climate Summit, held inNairobi, Kenya. * Speaking to heads of state at its high-level opening, Al Jaber announced a $4.5 billion clean energy investment initiative between the UAE and Africa that aims to unlockAfri...
Sustainable switchgear technology firm Nuventura secures €25 million in Series A funding, to accelerate global energy industry's transition away from harmful greenhouse gases
* Berlin-based Nuventura develops switchgear (GIS) technologies that support the energy industry's transition away from Sulfur hexafluoride, or SF6 - the world's strongest greenhouse gas, with 25,200x more global warming power than CO 2 * €25 million Series A funding round will be used to expa...
STRADVISION and Horizon Robotics Joined Forces for Efficient ADAS Solutions
SEOUL, South Korea, Sept. 4, 2023 /PRNewswire/ -- STRADVISION
Joint Statement on Climate Action between President of Kenya, H.E. William Samoei Ruto, COP28 President-Designate Dr. Sultan Al Jaber, H.E. and African Union Commission Chair Moussa Faki Mahamat
CILPA, Kenia, Sept. 4, 2023 /PRNewswire/ -- As we prepare for the Africa Climate Summit, we, H.E. President ofKenya William Samoei Ruto, COP28 President-Designate Dr.Sultan Al Jaber and African Union Commission Chair Moussa Faki Mahamat affirm our commitment to work towards realizing ambitious c...
Solar AI Technologies raises $1.5m to hyperscale Rent-To-Own solar
This zero upfront cost programme allows landed homeowners & small businesses to
rent their very own solar panel systems, providing guaranteed savings on
electricity bills.
SINGAPORE, Sept. 4, 2023 /PRNewswire/ -- Singapore-based startup Solar AI
Technologies
CCYik has sponsored HKD$500,000 to the Mong Kok initiative
HONG KONG, Sept. 1, 2023 /PRNewswire/ -- CCYik's significant sponsored of HK$500,000 to the Mong Kok initiative in Hong Kong during August 2023 stands as a clear testament to their unwavering dedication to creating positive change. This substantial gesture holds the power to benefit over 1,000 gr...
Valvoline™ Global Operations announces equity investment in German company HAERTOL
LEXINGTON, Ky., Sept. 1, 2023 /PRNewswire/ -- Valvoline Global, a worldwide leader in automotive and industrial solutions, announced today an equity investment in HAERTOL Chemie GmbH, a leading European manufacturer of automotive heat transfer fluids. This strategic investment is part of Valvoli...
Innovac Therapeutics Completes $18 million Series Pre-A Financing To Fund the Development of Its lead Programs and Manufacturing Capabilities
The funding represents a strong endorsement of Innovac's technology, mission and vision from a range of industry Investors BOSTON, SHANGHAI and HANGZHOU, China, Sept. 1, 2023 /PRNewswire/ -- Innovac Therapeutics, an mRNA therapeutics company, today announced the completion of an $18 million Seri...
LC Financial Holdings Completes Acquisition of BCM Global, Reinforcing Its Position as a Leading Technology-Driven Credit Specialist
LONDON, Sept. 1, 2023 /PRNewswire/ -- LC Financial Holdings (LCFH) proudly announces the successful completion of the acquisition of BCM Global (BCM), marking the next step in its evolution as a technology-led credit specialist. This landmark acquisition cements LCFH's stronghold in the managemen...
HiRO acquires US CRO Courante Oncology, strengthens global footprint and operation capabilities
SINGAPORE, Sept. 1, 2023 /PRNewswire/ -- Harvest Integrated Research Organization (HiRO), an innovation global CRO, is pleased to announce the successful acquisition of Courante Oncology, a US-based full-service clinical research provider specializing in oncology product development. As a reputa...
IFS to acquire Falkonry AI
Acquisition positions IFS as the only vendor with leading ERP, EAM, FSM and ESM functionality now able to provide AI-generated anomaly detection to drive automation and optimization of processes and workflows across its entire platform. CUPERTINO, Calif., Aug. 31, 2023 /PRNewswire/ -- IFS, the g...
IBM and Salesforce Team Up To Help Businesses Accelerate Adoption of Trustworthy AI
Tech giants collaborate to drive productivity and growth with generative AI
ARMONK, N.Y. and SAN FRANCISCO, Aug. 31, 2023 /PRNewswire/ -- Today, IBM
(NYSE:IBM
Bata Group Celebrates Founder's Day: A Global Day to Remember and to Give Back
LAUSANNE, Switzerland, Aug. 31, 2023 /PRNewswire/ -- Bata Group, the renowned footwear brand with a rich heritage, is excited to announce the upcoming celebration of its annual Founder's Day onSeptember 21, 2023. This global event commemorates the remarkable journey of Bata and brings together em...
Dalma Capital advises Philippine fintech firm Salmon on record US$20M financing
DUBAI, UAE, Aug. 31, 2023 /PRNewswire/ -- Dalma Capital, a global alternative investment management platform and advisor, announced today it advised Philippine fintech startup Salmon on aUS$20 million debt financing deal, the largest such financing for a Series A company from the Philippines. T...
Cendyn reinforces commitment to driving profitable revenue through WIHP acquisition
Global technology and services leader for the hospitality industry, Cendyn, continues its legacy of innovation with strategic acquisition of WIHP, a trailblazer in hotel metasearch services and technology PARIS, Aug. 30, 2023 /PRNewswire/ -- Cendyn, a catalyst for digital transformation in the h...
Epigenic Therapeutics Announces $32 Million in Series A Funding to Bring Breakthrough Epigenome Medicine to Clinical Development
SHANGHAI, Aug. 29, 2023 /PRNewswire/ -- Epigenic Therapeutics, a leading biotechnology company dedicated to developing next-generation gene modulation therapy utilizing epigenome regulation to treat prevalent diseases, today announced that it has raised$32 million in Series A round of financing c...
Acclime acquires the non-audit arm of RSM Hong Kong
HONG KONG, Aug. 29, 2023 /PRNewswire/ -- Acclime, Asia's premier corporate services specialist, has completed the acquisition of RSM Hong Kong's non-audit practice in a landmark deal that will significantly enhance Acclime's scale and advisory services capabilities. This move reflects a growing t...
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