Investment & Financing
FocalSpec Joins LMI Technologies Group
HELSINKI, Nov. 1, 2019 /PRNewswire/ -- Finnish technology company FocalSpec has been acquired by TKH Group NV, a Dutch listed technology company. FocalSpec will join the LMI Technologies group, owned by TKH and strengthen further its position in inline metrology. FocalSpec is a global pioneer in...
TODAQ to acquire Canadian commercial lender Quantius in all TDN deal as first step to develop a TODA enabled IP financing platform
* The deal between TODAQ and Quantius Inc. is powered by the TDN digital asset * Combining TODA and IP capability is aimed at powering a new IP financing platform * First focus is transforming innovation financing in UK, UAE, Singaporean and Korean markets TORONTO, Nov. 1, 2019 /PRNewswire/...
Seneca Biopharma and Jiangsu QYuns Therapeutics Announce Development Plan for Potential Joint Pipeline at 7th China Renaissance Healthcare and Life Science Leadership Summit
GERMANTOWN, Maryland, Nov. 1, 2019 /PRNewswire/ -- Seneca Biopharma, Inc., (NASDAQ: SCNA), a clinical-stage biopharmaceutical company developing novel treatments for diseases of unmet medical need, and Jiangsu QYuns Therapeutics Co., Ltd., aChina-based company focused on monoclonal antibody thera...
Mallinckrodt and Terumo BCT Announce UVADEX® (Methoxsalen) Approved in Australia for use with the THERAKOS® CELLEX® Photopheresis System for the Treatment of Chronic Graft Versus Host Disease (cGvHD) and Skin Manifestations of Cutaneous T-Cell Lymphoma (CTCL) in Adults
SYDNEY, Nov. 1, 2019 /PRNewswire/ -- Mallinckrodt plc (NYSE: MNK), a global biopharmaceutical company, and Terumo BCT, a global leader in blood component, therapeutic apheresis and cellular technologies, today announced that UVADEX® (methoxsalen) has received regulatory approval inAustralia by th...
SKF Completes Acquisition of Presenso
GOTHENBURG, Sweden, Oct. 31, 2019 /PRNewswire/ -- SKF has completed the previously announced acquisition of Presenso Ltd. Presenso is a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso's AI capability enables production plants to find...
Singapore's Pavilion Capital Invests in Cityneon
* New institutional investor after Singapore government-linked global investor, EDBI invests in Cityneon inAugust 2019. * Joins strong base of financial and strategic investors - CITIC Capital, EDBI,Hong Kong entrepreneur, Johnson Ko and Executive Chairman & Group CEO of Cityneon,Ron Tan. *...
China's Automotive Aftermarket Leader, Casstime Completed Series C1 Funding of USD 80million with Lead Investors Sequoia Capital China and Source Code Capital
SHANGHAI, Oct. 30, 2019 /PRNewswire/ -- Casstime, the leading enterprise in China's automotive aftermarket, announced on October 30 (EST) that it had completed series C1 funding ofUSD 80 million. Sequoia Capital China and Source Code Capital were joint lead investors; long-standing shareholder Hu...
Rokt closes US$48M Series C investment round to drive growth
Led by TDM Growth Partners, the funding round brings the total investment in the profitable tech leader toUS$82M SYDNEY, Oct. 31, 2019 /PRNewswire/ -- Rokt, the global leader in e-commerce marketing technology, today announced an investment of US$48M from global investment firm,TDM Growth Partne...
Highpower International Announces Results of Special Meeting of Stockholders
SHENZHEN, China, Oct. 30, 2019 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ) ("Highpower" or the "Company"), a developer, manufacturer, and marketer of lithium ion and nickel-metal hydride (Ni-MH) rechargeable batteries, battery management systems, and a provider of battery recyclin...
SeABank Allowed to Early Apply Basel II
HANOI, Vietnam, Oct. 30, 2019 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank (SeABank -Vietnam) was officially recognized by the State Bank of Vietnam to comply with Circular 41/2016/TT-NHNN dated 30 December 2016 in accordance with Basel II international standards. Meeting the strict...
Huakang Biomedical Signs MOU with a World Leading Fertility Group Endeavors to Develop PRC Assisted Reproductive Treatment (ART) Market
HONG KONG, Oct. 30, 2019 /PRNewswire/ -- Huakang Biomedical Holdings Company Limited ("Huakang Biomedical", the "Group", HKSE：08622) is pleased to announce that Huakang Biomedical Company Limited ("Huakang HK"), a direct wholly-owned subsidiary of the Group, entered into a Memorandum of Understan...
Veoneer to Divest Japan and China Operations of Brake System Joint Venture
STOCKHOLM, Oct. 30, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, has signed agreements (the "Definitive Agreements") to sell its 51% ownership in the Japanese (VNBJ) and...
Autonomous Transportation-As-A-Service Startup CODE42 Raises USD 25 Million in Pre-A Funding
SEOUL, South Korea, Oct. 30, 2019 /PRNewswire/ -- CODE42, an autonomous transportation-as-a-service startup established last March, announced today that it raisedUSD 25 million (KRW 30 billion) in Pre-A funding, with investment by major Korean conglomerates Kia Motors, SK, LG, and CJ. CODE42 prev...
ATC Drivetrain Continues to Expand Global Presence by Establishing Joint Venture in China
OKLAHOMA CITY, Oct. 30, 2019 /PRNewswire/ -- ATC Drivetrain ("ATC"), a leading independent global remanufacturer of automotive drivetrain components, announced today that it has launched a joint venture with Luwote (Zhangjiagang) Power Remanufacturing Technology Co., Ltd. ("Luwote") in Zhangjiaga...
Jungle Ventures Raises $240 Million for Southeast Asia Tech Category Leaders
More Than Double Amount Raised for Previous Fund Nearly 60% of Capital Came from Outside Asia SINGAPORE, Oct. 30, 2019 /PRNewswire/ -- Jungle Ventures, one of Southeast Asia's largest early stage venture capital firms, today announced that it closed its third fund, Jungle Ventures III. The firm ...
Global Lending Automation Platform Trade Ledger Announces £1.5M Funding Round Led by Hambro Perks
SYDNEY, Oct. 29, 2019 /PRNewswire/ -- Trade Ledger, the ground-breaking business lending platform, which automates commercial lending processes for global banks and alternative finance providers, today announces strategic investment in a £1.5M round led by Hambro Perks, to further accelerate reve...
Xpress Money Expands Operations in China With Geoswift
DUBAI, UAE, Oct. 29, 2019 /PRNewswire/ -- Xpress Money
Getac announces a partnership with pureLiFi to bring ruggedized LiFi devices to the market.
IRVINE, Calif., Oct. 29, 2019 /PRNewswire/ -- Getac, a leading manufacturer of rugged tablets and PCs for military, manufacturing and automotive industries has announced that it is working with the world's leading LiFi technology provider pureLiFi to evaluate the technology for design into future...
CEM Corporation acquires key assets of Intavis Bioanalytical Instruments
MATTHEWS, North Carolina, Oct. 29, 2019 /PRNewswire/ -- CEM Corporation today announced that it has entered into a definitive agreement to purchase the instrumentation lines of Intavis Bioanalytical Instruments AG, with headquarters inCologne, Germany. The acquisition allows CEM to strengthen its...
Tottenham Acquisition I Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, Oct. 29, 2019 /PRNewswire/ -- Tottenham Acquisition I Limited (NASDAQ: TOTAU, the "Company"), a special purpose acquisition company, announced today that Norwich Investment Limited, the Company's initial public offering sponsor ("Norwich"), has deposited into the Company's trust account...
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