Investment & Financing

Robo.ai Appoints Abu Dhabi Tech Executive as CTO of the Newly Acquired AI Data Processing Company, Neurovia

2026-05-13 17:00 6482

DUBAI, UAE, May 13, 2026 /PRNewswire/ -- Robo.ai Inc. (Nasdaq: AIIO), following its acquisition of Neurovia AI Limited, today announced that the Board of Directors of Neurovia AI has appointed Mansoor Ali Khan as its Chief Technology Officer. Mr. Khan will be leading the development of proprietar...

Isomorphic Labs secures $2.1 Billion funding to scale its AI drug design engine

2026-05-12 22:27 4098

Isomorphic Labs will use the funding to power its world-leading AI drug design engine, scale its business globally and progress its drug candidate pipeline. LONDON, May 12, 2026 /PRNewswire/ -- Isomorphic Labs, an AI-first drug design and development company, today announced it has raised $2.1 Bi...

Bounteous Acquires Cartesian, Enhancing Deep Data and Analytics Capabilities to Accelerate Enterprise AI

2026-05-12 22:00 4100

Acquisition also strengthens telecommunications expertise and accelerates global growth FRISCO, Texas and LONDON, May 12, 2026 /PRNewswire/ -- Bounteous, an AI services firm, today announced its acquisition ofCartesian,

EquiLend Acquires Finadium, Expanding Presence in Securities Finance Research & Consulting

2026-05-12 21:00 3255

Finadium to continue operating independently as a subsidiary of EquiLend NEW YORK, May 12, 2026 /PRNewswire/ -- EquiLend , a global leader in securities finance technology, data, and ...

Cloopen Enters into Definitive Merger Agreement for Going-Private Transaction

2026-05-12 19:00 4673

BEIJING, May 12, 2026 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with SpringX Holdings Limited, an exempted company incorporated with limited li...

Satair Finalises Acquisition of Unical Aviation and ecube

2026-05-12 04:38 3424

COPENHAGEN, Denmark, May 12, 2026 /PRNewswire/ -- Satair , an Airbus company, announced the successful completion of its acquisition of Unical Aviation Inc. ("Unical") and its subsidiary ecube. This milestone creates a premier, end-to-end global provider of Used Servicea...

MountAIn disrupts Edge AI landscape to Deliver Cloud-Grade Computer Vision Stack on Alif Semiconductor's Ensemble and Balletto Processors

2026-05-08 22:13 4735

GRENOBLE, France and PLEASANTON, Calif., May 8, 2026 /PRNewswire/ -- Following a 2026 CES Innovation Award, MountAIn enables frictionless deployment of high-precision AI models fully optimised for Alif's ultra-low-power hardware to eliminate the need for power-hungry chipsets. Python developers ...

Strategic Value Partners Announces Agreement to Acquire Remaining Equity Interests in Birdsboro Power

2026-05-08 21:26 5386

GREENWICH, Conn. and BIRDSBORO, Pa., May 8, 2026  /PRNewswire/ -- Strategic Value Partners, LLC (together with its affiliates, "SVP"), a global alternative investment firm with approximately $22 billion of assets under management, today announced that its managed funds (the "SVP Funds") have sign...

ROBOTERA Raises Over USD 200 Million in New Round Led by SF Group, HSG and IDG Capital

2026-05-08 15:59 4427

BEIJING, May 8, 2026 /PRNewswire/ -- Following its RMB 1 billion strategic round in March, robotics company ROBOTERA has raised over USD 200 million in a new financing round led by SF Group. The round also saw participation from leading financial investors including HSG, IDG Capital, Hillhouse In...

From Funan to the World Stage, Homegrown mc.2 Acquired by Global Leader Hunter Douglas After Two Decades of Consumer-Led Innovation

2026-05-08 11:11 3922

A relentless focus on real consumer needs, a willingness to reinvent completely, and a homegrown success story that earned global recognition SINGAPORE, May 7, 2026 /PRNewswire/ -- When Wilson Chew (aged 51) founded mc.2 in 2004 as a small electronics retailer at Funan Centre, few would have pre...

Willog Secures Series B-2 Investment to Accelerate Global Supply Chain Intelligence via IoT x AI

2026-05-08 07:05 4033

* Five consecutive years of 0% customer churn: Leading the transition to "data-driven" logistics * Enhancing AI-based risk prediction and automated response to speed up global expansion SEOUL, South Korea, May 8, 2026 /PRNewswire/ -- Willog, an AIoT-powered supply chain intelligence company l...

Medit Establishes Global Orthodontic Business Division, Anchored by Strategic Acquisition of Progressive Orthodontics

2026-05-07 22:21 4384

Global digital dentistry leader expands into orthodontics by combining proprietary technology with one of the world's leading clinical education platforms SEOUL, South Korea and ALISO VIEJO, Calif., May 7, 2026 /PRNewswire/ -- Medit Corp., a global leader in digital dentistry solutions, today an...

CATL Subsidiary CAIT Partners up with Togg on Bedrock Chassis

2026-05-07 18:00 6120

NINGDE, China, May 7, 2026 /PRNewswire/ -- On April 29th, Contemporary Amperex Intelligent Technology (Shanghai) Limited (CAIT), CATL's skateboard chassis arm, has entered into a strategic partnership with Turkish automotive brand Togg to jointly develop chassis platform for its new B-segment veh...

The US software company Keypoint Intelligence has joined Total Specific Solutions

2026-05-06 23:00 2846

FAIRFIELD, N.J., May 6, 2026 /PRNewswire/ -- Utrecht, the Netherlands/Fairfield, the United States of America. Total Specific Solutions ("TSS") has acquired Keypoint Intelligence, a leading US-based provider of data, market intelligence, and analytical software for the global digital imaging ind...

Retail Global Acquires Power Retail, Creating a Bigger, Better Retail Ecosystem in Australia

2026-05-06 21:41 4748

MELBOURNE, Australia, May 6, 2026 /PRNewswire/ -- Retail Global has officially signed an agreement to acquire the Power Retail brand and its assets – bringing together two of the industry's most recognisable platforms and setting the stage for something much more connected, dynamic, and impactful...

Digital Edge and B.Grimm Power Secures Thailand's Largest Data Center Loan of US$880 Million to Advance AI and Cloud Infrastructure

2026-05-06 13:58 5627

SINGAPORE, May 6, 2026 /PRNewswire/ -- Digital Edge and B.Grimm Power today announced the successful signing of a US$880 million green loan – the largest financing ever secured for a data center project in Thailand – to finance the development of the joint venture's 100MW BKK Campus in Chonburi. ...

Phoenix Aviation Capital and AIP Capital Place Two Boeing 737 MAX 8 Aircraft on Lease with 9 Air

2026-05-06 00:22 3327

DUBLIN and STAMFORD, Conn., May 6, 2026 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix" or "the Company"), a full-service aircraft lessor managed by AIP Capital ("AIP"), an alternative investment manager focused on opportunities in asset-based finance and a portfolio company of funds advised ...

CAI Launches Next Chapter with Investment from JLL Partners

2026-05-06 00:00 3287

INDIANAPOLIS, May 5, 2026 /PRNewswire/ -- CAI, a professional services firm dedicated to accelerating operational readiness and excellence in life sciences and mission-critical environments, today announced that it has entered into an agreement with JLL Partners, a New York-based middle-market pr...

Quantinuum and BMW Group Expand Landmark Quantum Computing Collaboration with New Multi-Year Partnership

2026-05-05 20:00 4204

* The companies plan to continue their co-creation partnership to advance future mobility * BMW to access the latest generations of Quantinuum systems throughout the partnership * Advanced materials science research supports a range of next-generation technologies BROOMFIELD, Colo., May 5, ...

Guesty and Alloggio announce strategic partnership to power full portfolio migration across ANZ

2026-05-05 07:01 4301

Alloggio has selected Guesty's PMS and Channel Manager as its core platform and will scale it across its full portfolio, while joining as a design partner to pioneer the next generation of localised trust accounting for the ANZ market  SYDNEY, May 5, 2026 /PRNewswire/ -- Guesty

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