Investment & Financing

WiTricity and ABT e-Line to Bring Wireless EV Charging to the Streets of Europe

2023-03-23 17:00 4388

* ABT e-Line plans for commercial introduction of wireless charging, starting with the Volkswagen ID.4 in 2024 * The companies will work together to accelerate the adoption of wireless charging for EVs by deploying the first aftermarket solutions inEurope KEMPTEN, Germany and WATERTOWN, Mass....

Amcor, Nfinite enter joint research agreement to leverage nanotechnology in recyclable and compostable packaging

2023-03-22 22:16 3106

ZURICH, March 22, 2023 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced a joint research project agreement with Nfinite Nanotechnology Inc. to validate the use of Nfinite's nanocoating technology to enhance...

Amogy Secures $139 Million Series B-1 Round of Funding, Moving the Transportation Industry Closer to Clean Energy

2023-03-22 20:00 4560

* The funding will enable the commercialization of the company's innovative ammonia-to-power technology * Led by SK Innovation, other investors include Temasek, Korea Zinc, Aramco Ventures, AP Ventures, MOL PLUS, Yanmar Ventures, Zeon Ventures and DCVC BROOKLYN, N.Y., March 22, 2023 /PRNews...

SIMS METAL ACQUIRES NORTHEAST METAL TRADERS

2023-03-22 12:35 3179

NEW YORK, March 22, 2023 /PRNewswire/ -- Sims Metal, a global leader in metal recycling, today announced that the company will acquire the commercial and operating assets ofPennsylvania-based Northeast Metal Traders (NEMT). The acquisition is anticipated to close inmid-April 2023. NEMT, a non-fe...

Heidrick & Struggles to Acquire Leading Purpose, Culture and Change Consultancy, businessfourzero

2023-03-21 21:15 3717

* Acquisition deepens the firm's suite of culture and organization solutions * Brings specialized capabilities in developing and implementing purpose-driven strategies to companies undergoing major business transformations CHICAGO, March 21, 2023 /PRNewswire/ -- Heidrick & Struggles ("the Compa...

Mindset Health raises US$12m to expand digital hypnotherapy apps & scale distribution

2023-03-21 18:00 2833

Growth to be supported with new talent attracted to a tech company helping people in need MELBOURNE, Australia, March 21, 2023 /PRNewswire/ -- Mindset Health , the digital hypnotherapy company, today announced it has raisedUS$12 (A$17.8) million in an oversubscrib...

Up to US$300m secured to facilitate development of 3Moz Bau Gold Project

2023-03-21 15:53 5339

Highlights * Up to US$300m gold pre-purchase and offtake non-binding drawdown funding facility term sheet signed with major shareholder Quantum Metal Recovery Inc, which Besra believes to be one of the largest deals of its kind signed by an ASX listed junior. * Post-completion the Facility ...

Feutune Light Acquisition Corporation Announces Intention to Extend the Deadline for an Initial Business Combination

2023-03-21 04:30 2996

METUCHEN, N.J., March 20, 2023 /PRNewswire/ -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the "Company"), a blank check company incorporated as aDelaware business company, today announced that it received notice from Feutune Light Sponsor LLC (the "Sponsor"), the Company's sponsor, of ...

Aramco and DHL Supply Chain announce new end-to-end Procurement and Logistics Hub joint venture

2023-03-20 21:24 4569

* Plan to provide world-class integrated procurement and supply chain services * First hub of its kind in the region catering to customers in the industrial, energy, chemical and petrochemical sectors * Move expected to help customers drive supply chain efficiency and cost benefits, while red...

Hovione and Ripple Enter Strategic Partnership to Expand Epidel® Platform into Non-Ophthalmic Space

2023-03-20 21:00 2339

LISBON, Portugal, March 20, 2023 /PRNewswire/ -- Hovione, the specialist integrated CDMO, leader in spray drying and particle engineering, and Ripple Therapeutics, a leading ophthalmic sustained drug delivery company, have entered a strategic partnership to expand the use of Ripple's Epidel® plat...

Sharing Economy International Engaged with BIP Consulting for the Development of E-Mobility

2023-03-20 20:03 4445

HONG KONG, March 20, 2023 /PRNewswire/ -- Sharing Economy International Inc (OTC: SEII) has signed and engaged with BIP Consulting ("BIP"), a leading business consultation group, to complete the business negotiation with leading zero-emission electric and hydrogen vehicle manufacturers to form up...

Infinity Power Finalizes Acquisition of Lekela Power in Africa's Biggest Renewable Energy Deal

2023-03-20 19:32 3161

* Infinity Power has acquired 100% shareholding of Lekela Power, an Africa based wind power platform * Transaction makes Infinity Power Africa's largest pure play renewable power company * The combined operational portfolio of Infinity Power now stands at 1.3GW with a strong pipeline of 13....

Mainstream Renewable Power and Actis complete sale of Lekela Power

2023-03-20 16:00 3135

* Transaction generates net proceeds to Mainstream of approximately USD 90 million, subject to certain closing adjustments * Lekela is the African continent's largest pure-play renewable energy Independent Power Producer (`IPP') with over 1 GW of fully operational wind assets * The planned ...

ETANA HAS SECURED FINANCING FROM DEG, EAST VENTURES AND OTHER GLOBAL INVESTORS

2023-03-20 15:22 4397

JAKARTA, Indonesia, March 20, 2023 /PRNewswire/ -- PT Etana Biotechnologies Indonesia (Etana), an Indonesian biopharmaceutical company, has secured a new round of investment led by DEG followed by Yunfeng Capital, HighLight Capital and East Ventures. This round of financing will be used for fu...

Xinhua Silk Road: SEG Solar completes acquisition of 2GW PV module manufacturing facility in Houston, Texas

2023-03-20 09:55 4028

HOUSTON, March 20, 2023 /PRNewswire/ -- SEG Solar (SEG) announced that it has closed on the acquisition of a manufacturing facility inHouston, Texas, USA, capable of producing more than 2GW of photovoltaic (PV) modules annually.   Photo shows the...

PINTEC Announces US$4 million Private Placement of Class A Ordinary Shares

2023-03-18 04:35 6508

BEIJING, March 17, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (Nasdaq: PT) ("PINTEC" or the "Company"), a leading independent technology platform enabling financial services inChina, today announced that it has entered into share purchase agreements with certain investors onMarch 16,...

TradeUP Acquisition Corp. Announces Extension of the Deadline for an Initial Business Combination

2023-03-18 04:30 5895

NEW YORK, March 17, 2023 /PRNewswire/ -- TradeUP Acquisition Corp. (the "Company" or "TradeUP") (NASDAQ: UPTD) today announced that, in order to extend the date by which the Company must complete its initial business combination fromMarch 19, 2023 to April 19, 2023, for each public share that is ...

ACEN acquires portfolio of eight operating wind projects in Texas, USA

2023-03-17 14:25 4254

* Joint venture company acquiring a total of 136 MW of wind assets from US-based GlidePath Power Solutions LLC * Strong growth US platform leveraging the combined expertise of ACEN and its partners: Pivot Power Management and UPC Solar & Wind Investments * Will generate approximately 360 GWh...

ECP Announces Acquisition of MindGeek, Parent Company of Pornhub

2023-03-17 03:00 2910

ECP is a private equity firm with vast regulatory, law enforcement, public engagement and finance experience  MindGeek, a leading technology and media company, operates a large portfolio of adult entertainment platforms, including Pornhub MONTREAL, March 16, 2023 /PRNewswire/ -- Ethical Capital ...

CDF's Film Sector Financing Program is Set to Empower Local & International Companies in the Saudi Film Sector

2023-03-17 02:38 3273

With SAR879 million Budget RIYADH, Saudi Arabia, March 16, 2023 /PRNewswire/ --The Cultural Development Fund (CDF) has announced the launch of the Film Sector Financing Program, with a portfolio ofSAR879 million. The program is an initiative of the IGNITE Digital Content Program.

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