Investment & Financing
NomuPay raises $53.6m to provide ambitious global enterprises with an 'all access pass' for payments in Southeast Asia, Turkey and Europe
Dublin headquartered NomuPay raises substantial Series A investment from Finch Capital and Outpost Ventures DUBLIN, June 1, 2023 /PRNewswire/ --NomuPay, a modern end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth, has raised$53.6m. The ...
HSBC DOUBLES DOWN ON SUPPORT TO INNOVATION ECONOMY IN HONG KONG AND MAINLAND CHINA, DEDICATED LENDING FUND INCREASES TO USD3 BILLION
*Expanding lending to climate tech, industrials, consumer, technology, and healthcare and life sciences through new "HSBC New Economy Fund"* **Rolling out venture debt in Hong Kong** HONG KONG, May 31, 2023 /PRNewswire/ -- HSBC announced today several new initiatives to strengthen its dedi...
Veritone to Acquire Broadbean, Signifying Deeper, Global Commitment for Veritone's AI-powered Human Resources Solutions
DENVER, May 31, 2023 /PRNewswire/ -- Veritone, Inc
Cloudsky Technologies Completes Series C+ Funding, Accelerating the Transformation of Computing into the Energy of the Digital Era
SHENZHEN, China, May 31, 2023 /PRNewswire/ -- Cloudsky Technologies is pleased to announce that it has recently secured a Series C+ round funding of no less thanten million dollars. The primary investors include a leading XR company, Sichuan Guohe International Cooperation Fund, and Orinno Capita...
HEINEKEN® EXTENDS F1® SPONSORSHIP AS GLOBAL PARTNER, FUELLED BY THE SPORT'S PHENOMENAL GROWTH
* Heineken® announce their global partnership with Formula 1® has been extended for a further five years until 2027, fuelled by the phenomenal recent growth in the sport's fanbase * Announcement follows recent agreements with Max Verstappen and Oracle Red Bull Racing * F1® statistics show t...
Lynk Pharmaceuticals Completes 200 Million RMB Series C1 Financing to Accelerate Clinical Development of Core Products
HANGZHOU, China, May 31, 2023 /PRNewswire/ -- Lynk Pharmaceuticals Co., Ltd. (hereinafter referred to as 'Lynk Pharmaceuticals'), an innovative clinical stage company, today announced the successful completion of aRMB 200 million Series C1 financing round. There was joint participation by China G...
InfraBuild closes USD350m Senior Secured Asset-Backed Term Loan
* InfraBuild closes a USD350m Asset-Backed Term Loan led by funds and accounts managed by BlackRock and Silver Point Finance. * The InfraBuild business has maintained its strong financial performance through the first three quarters of its 2023 fiscal year. SYDNEY, May 30, 2023 /PRNewswire/ -...
Cheche Technology and Shanghai Insurance Exchange Hosted New Energy Vehicle-Focused Auto Insurance Industry Summit
BEIJING, May 30, 2023 /PRNewswire/ -- Cheche Technology Inc.
TD Holdings, Inc. and Achieve Prosper Limited to Establish Joint Venture in Lombok, Indonesia for Mining Three Local Large Gold Deposits
Aims to fuel business growth and increase profitability through exploring mineral resources. SHENZHEN, China, May 30, 2023 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider inChina, today announced that it has signed a partnership agreement (...
ANEW MEDICAL, INC. Enters Into Definitive Merger Agreement with Redwoods Acquisition Corp.
* ANEW MEDICAL, INC. ("ANEW") has entered into a definitive business combination agreement with Redwoods Acquisition Corp. (NASDAQ: RWOD). * ANEW is developing a platform and commercializing novel gene therapies to alleviate and/or reverse the progression of neurogenerative diseases. * ANEW ...
Fujitsu and Microsoft announce global partnership to enable "sustainability transformation"
* The five-year agreement will significantly contribute to accelerated growth of the Fujitsu Uvance business to achieve revenue of over$5.4 billion USD (700 billion yen) (1) annually by Fujitsu's Fiscal Year 2025, ending March 31st * The partnership will leverage Fujitsu's industry innovations...
Stockbit and Fullerton Fund Management forge strategic partnership to tap the Indonesian fund management market
Both firms will collaborate to deliver investment solutions tailored to the needs of Indonesian investors JAKARTA, Indonesia and SINGAPORE, May 30, 2023 /PRNewswire/ -- PT Stockbit Investa Bersama ("Stockbit") and Fullerton Fund Management Company Ltd ("Fullerton"), have entered into a strategic...
Amplo Biotechnology Secures Fast Track STTR Funding for AMP-201, a Promising Gene Therapy Targeting Collagen Q Deficiency
SAN DIEGO, May 29, 2023 /PRNewswire/ -- Amplo Biotechnology, a leading US-based biotech company dedicated to developing innovative AAV-based gene therapies for neuromuscular junction disorders announced the award of a Fast Track Phase I/II STTR grant from theNIH-NINDS. This highly competitive gra...
MingZhu Logistics Enters Share Purchase Agreement to Acquire Alliance Liquor
SHENZHEN, China, May 26, 2023 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has entered into a Share Purchase Agreement (the "SPA") to acquire 100% equity...
Evermos Announces Largest Fundraise at USD39 million to Fuel Business Expansion of Connected Commerce Network
BANDUNG, Indonesia, May 26, 2023 /PRNewswire/ -- Evermos, Indonesia's largest social commerce platform, successfully raisedUSD39 million in its Series C funding round. Led by the International Finance Corporation (IFC) — a member of the World Bank group — and followed by returning partners such a...
LG Energy Solution and Hyundai Motor Group to Establish Battery Cell Manufacturing Joint Venture in the U.S.
* The new battery cell JV will be located in Bryan County, Savannah, Georgia where Hyundai Motor Group Metaplant America is currently being built * Total investment amount of over USD 4.3 billion; LGES and HMG to take a 50 percent stake respectively * JV's battery production aimed to start a...
MITHAQ ACQUIRES ADDITIONAL COMMON SHARES OF AIMIA
TORONTO, May 26, 2023 /PRNewswire/ -- Mithaq Capital SPC (" Mithaq " ) announced today that it has acquired 9,234,500 common shares ("Common Shares") of Aimia Inc. ("Aimia ") for an aggregate purchase price of $37,399,725, or $4.05 per share, pursuant to private agreements with certain third ...
Deltek Reaches Agreement to Acquire Replicon, A Global Provider of Knowledge Workforce Management Solutions for Project and Service-Centric Organizations
HERNDON, Va., May 26, 2023 /PRNewswire/ -- Deltek, the leading global provider of software and solutions for project-based businesses, announced today that it has entered into an agreement to acquireReplicon – a provider of unified time tracking solutions that bring together Project Delivery, Fin...
Spring REIT Announces Unit Buy-back
HONG KONG, May 25, 2023 /PRNewswire/ -- Spring Asset Management Limited (the " Manager"), manager of Spring Real Estate Investment Trust ("Spring REIT", stock code: 1426), today announced that it intends to repurchase approximately 4.23% of Spring REIT's total number of issued units as at the Late...
SUNRATE partners MODIFI to support the cross-border B2B payments of SMEs
SINGAPORE, May 25, 2023 /PRNewswire/ -- SUNRATE, the intelligent global payment and treasury management platform for businesses worldwide and MODIFI, a global commerce platform for business payments and trade management have announced a strategic partnership aimed at supporting the growth of SMEs...
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