Investment & Financing

SATS AND SINGPOST SIGN MOU FOR POTENTIAL JOINT VENTURE TO OPERATE ECOMMERCE TRANSSHIPMENT HUB IN SINGAPORE

2023-07-04 09:00 4217

SINGAPORE, July 4, 2023 /PRNewswire/ -- SATS Ltd ("SATS") and Singapore Post Limited ("SingPost") recently signed a Memorandum of Understanding (MOU) to explore a strategic partnership in the potential establishment of an ecommerce transshipment hub inSingapore.

Comvita Acquires Market Leader HoneyWorld Singapore

2023-07-04 06:16 8024

AUCKLAND, New Zealand, July 4, 2023 /PRNewswire/ -- Comvita Limited (NZX:CVT)  today announced that they have acquired specialist honey retailer HoneyWorld Singapore and its consumer brands. David Banfield, CEO C...

Icarus Media Digital Celebrates a Milestone Achievement in Venture Building

2023-07-03 21:32 4370

DUBLIN, July 3, 2023 /PRNewswire/ -- Icarus Media Digital, a leading venture building studio, is proud to announce a significant milestone in its journey of creating profitable ventures across diverse domains. With a steadfast commitment to innovation and entrepreneurship, Icarus Media Digital ha...

SHL Medical acquires 100% of the shares in Swiss company LCA Automation

2023-07-03 17:00 4692

SHL Medical announces the acquisition of LCA Automation AG, a Swiss innovative automation solutions provider. The acquisition is SHL Medical's response to the growing market demand for drug delivery solutions and will support its manufacturing operations globally, especially the upcomingSwiss man...

Alma, a Sisram Medical company, is establishing a direct operation in China after completing the acquisition of PhotonMed

2023-07-03 15:48 6657

HONG KONG, July 3, 2023 /PRNewswire/ -- Alma, the world leader and innovator in providing energy-based medical and aesthetic solutions and a wholly-owned company by Sisram Medical (1696.HK), announced today that it has completed the acquisition of PhotonMed International Ltd ("PhotonMed"), the le...

Lifera and CENTOGENE, Enter Strategic Collaboration - Forming Saudi Arabian Joint Venture to Increase Access to Leading Data-Driven Multiomic Testing

2023-07-02 14:00 4819

* Joint Venture (JV) combines CENTOGENE's global leadership in multiomics with local insight of Lifera, a biopharmaceutical company wholly owned by the Public Investment Fund (PIF) based inRiyadh. * JV focuses on providing state-of-the-art multiomic testing services to patients, health system...

Avaada Group Successfully Closes Historic INR 10,700 Cr ($1.3 billion) Funding Round, Reinforcing its Commitment to Green Energy

2023-06-30 10:30 4898

MUMBAI, India, June 30, 2023 /PRNewswire/ -- Avaada Group, a leading integrated energy platform, has announced the successful closure of INR10,700 crore ($1.3 billion) funding round, marking a historic moment for the green energy industry inAsia and India's renewable energy sector. This funding r...

GA technologies accelerate M&A business. SPICA CONSULTING agreed on a business synergy partnership to provide a tech-driven M&A solution for customers

2023-06-30 00:00 3896

TOKYO, June 29, 2023 /PRNewswire/ -- GA technologies Co., Ltd. announced the n ews that the company is acquiring the stock shares of SPICACONSULTING Co., Ltd. fully to complete a business merger partnership with an agreement between the two parties. SPICACONSULTING Co., Ltd. is a company that prov...

COP28 President-Designate calls for holistic ecosystem to drive climate action during London Climate Action Week

2023-06-29 23:53 3966

Connecting policy, technology, finance, and people is essential to keep 1.5C within reach. * Dr. Sultan Al Jaber, COP28 President-Designate, meets with His Majesty King Charles III, UK Government ministers, industry leaders across tech and finance, and university students during London Climate...

Berlin Heals Holding AG Successfully Completes Financing Round for Ongoing CE-Study

2023-06-29 17:00 3569

ZUG, Switzerland, June 29, 2023 /PRNewswire/ -- Berlin Heals Holding AG, a MedTech startup, has developed a breakthrough method and a product for the therapy of heart failure. The product - an electronic device called C-MIC - has already successfully been tested in patients in a pilot study and i...

SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings

2023-06-29 16:08 3146

GOTHENBURG, Sweden, June 29, 2023 /PRNewswire/ -- SKF and Sinoma Nitride, an industry-leading developer and producer of silicon nitride materials and ceramic balls, have entered into a Joint Venture (JV) contract to deepen their cooperation within hybrid ceramic ball bearings. The cooperation is ...

utu Closes US$33 Million Deal, Acquires SC Ventures-Incubated CardsPal to Re-engineer Tax-Free Shopping Globally

2023-06-29 09:00 6019

SINGAPORE, June 29, 2023 /PRNewswire/ -- The Singapore-based travel-tech company utu today announced its acquisition of CardsPal — a Singapore-based platform — along with closing a deal of US$33 million in combined transaction value. The deal, comprising of the acquisitio...

Mirae Asset Unleashes its Global X USD Money Market ETF

2023-06-29 09:00 3829

-  The launch of the Global X USD Money Market ETF (3137) is a key strategic move of Mirae Asset to enhance its footprint in the fixed income market. -  This new product is the firm's first actively managed fixed income ETF. HONG KONG, June 29, 2023 /PRNewswire/ -- Mirae Asset Global Investments ...

CJ Logistics and Korea Ocean Business Corporation to Invest up to $457 Million in Creating Large-scale Logistics Centers in the US

2023-06-28 22:00 6188

* Large-scale logistics centers will be built in strategic logistics and distribution hubs, includingChicago and New Jersey. * CJ Logistics will provide the land for these centers, which collectively cover an area equal to 50 soccer fields, while KOBC will secure the necessary funding for the...

Tata Communications to Acquire Kaleyra, a Leading Global CPaaS Platform Player, in All Cash Transaction

2023-06-28 21:50 7798

Acquisition Represents A Significant Premium Over Kaleyra's Last Closing Price NEW YORK and MUMBAI, India, June 28, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces it has entered into a definitive agreement throug...

SUNRATE closes Series D-1 funding round with Prosperity7 Ventures as lead investor

2023-06-28 08:00 6485

SINGAPORE, June 28, 2023 /PRNewswire/ -- SUNRATE, an intelligent global payment and treasury management platform announced today that Prosperity7 Ventures, the diversified growth fund under Aramco Ventures, has made an investment in the company in its latest D-1 funding round. Prosperity7 Ventur...

Brendan Iribe, Co-Founder of Oculus, Adam Cheyer, Co-Founder of Siri, Eric Migicovsky, Founder of Pebble, Lead Consortium of Revolutionary Tech Entrepreneurs Investing US$3.0M in Seed Funding into Brilliant Labs, Developing Next-Gen Platform Fusing AR with Generative AI

2023-06-28 00:00 3323

Following a successful launch of its open-source "Monocle" AR device, coupling AR with AI, Brilliant Labs' seed round saw participation fromBrendan Iribe, co-founder of Oculus,Adam Cheyer, co-founder of Siri, Eric Migicovsky, founder of Pebble, along with VCs like Plug & Play SINGAPORE, June 27,...

RENATUS ROBOTICS Inc. announces $2 million in seed funding to shape the future of fully unmanned and autonomous logistics infrastructures, starting with e-commerce

2023-06-27 23:01 3135

The logistics, robotics, and blockchain company is seeking an additional $2 million for its pre-Series A round as it prepares for its first commercial installation at an e-commerce fulfillment center  LEWES, Del., June 29, 2023 /PRNewswire/ -- RENATUS ROBOTICS Inc., a logistics startup, has anno...

Driving the Future: NoTraffic Accelerates with $50 Million Series B Funding for the Next Generation of Mobility Infrastructure

2023-06-27 19:00 4039

This latest funding round bolsters the company's position as a pioneering company digitizing the mobility industry and sets the stage for further growth and innovation TEL AVIV, Israel and PALO ALTO, Calif., June 27, 2023 /PRNewswire/ -- NoTraffic , the leading mobility ...

Yiren Digital Announces the Acquisition of Chongqing Jintong

2023-06-27 18:00 5093

BEIJING, June 27, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform inChina, today announced that it had entered into an equity transfer agreement (the "Agreement") to acquire 100% equity interest in Ch...

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