Investment & Financing

Dimagi receives $25 million to develop transformative technology for Frontline Workers

2022-09-20 20:19 2080

Program-Related Investment from the Steele Foundation for Hope will fund next generation digital platform to support and enable critical frontline healthcare workforces globally CAMBRIDGE, Mass., Sept. 20, 2022 /PRNewswire/ -- Dimagi, a global social impact organization and leader in frontline t...

Valqari Acquires IDU Group, Creating World's Most Comprehensive Drone Delivery Infrastructure System

2022-09-20 20:00 1913

CHICAGO, Sept. 20, 2022 /PRNewswire/ -- Valqari is excited to announce that it is combining efforts with IDU Group, providing a complete drone delivery infrastructure from rooftops and the windows of buildings to a complete product line of drone mailbox and drone locker ground stations. As part o...

BCI Leads Significant Investment in Authority Brands

2022-09-20 19:46 3980

COLUMBIA, Md. and VICTORIA, BC, Sept. 20, 2022 /PRNewswire/ -- Authority Brands, a residential services franchising platform inNorth America, today announced that British Columbia Investment Management Corporation ("BCI"), one of the largest institutional investors inCanada, has agreed to acqu...

Beyond Ventures' promising portfolio company respond.io raised US$7M to bring social commerce to enterprises

2022-09-20 19:00 4323

An innovative social to conversational commerce SaaS platform for millions of conversations per day HONG KONG, Sept. 20, 2022 /PRNewswire/ -- Hong Kong-based venture capital firm Beyond Ventures  is pleased to announce that its portfolio companyrespond.io

Ambow Education Receives Bid for Company's Assets in China

2022-09-20 18:00 3486

BEIJING, Sept. 20, 2022 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal Letter") from Clover Wealth Limited ("SPV") to acq...

Huawei to invest $300mln in Empower Program to Support Global Partners

2022-09-20 12:00 4113

BANGKOK, Sept. 20, 2022 /PRNewswire/ -- On the second day of HUAWEI CONNECT 2022 Bangkok, Huawei launched a range of innovative infrastructure solutions to drive industry digitalization by finding the right technology for the right scenario, and announced the Huawei Empower Program that would inv...

Jacobi secures QIC funding to scale multi-asset investment technology

2022-09-20 08:18 4391

* Brisbane founded investment technology firm Jacobi Inc. has secured USD $10m Series A Funding led by QIC * Funding will support the development of the Jacobi platform and the continued growth of its investment management clientele globally. BRISBANE, Australia, Sept. 20, 2022 /PRNewswire/ -...

CanAm Enterprises Offers Dynamic EB-5 Opportunity

2022-09-20 08:10 3460

NEW YORK, Sept. 20, 2022 /PRNewswire/ -- CanAm Enterprises ("CanAm"), a leading full-service financial firm specializing in immigration-linked investment funds, is pleased to announce a new Senior EB-5 loan offering to support the development of what is expected to be one of the largest green hyd...

Deep Isolation offers opportunity to enable nuclear power expansion

2022-09-19 20:00 2745

BERKELEY, Calif., Sept. 19, 2022 /PRNewswire/ -- The lack of a viable spent fuel disposal solution remains an obstacle to the increasing global interest in nuclear power that guarantees energy security and helps enable a net zero world. Deep Isolation, a leading innovator in nuclear waste disposa...

Asia's first industrial insect company, Nutrition Technologies, closes US$20m equity round to launch new products and expand into new markets

2022-09-19 16:34 2728

SINGAPORE, Sept. 19, 2022 /PRNewswire/ -- On 19th September 2022 Nutrition Technologies completed an equity venture round ofUS$ 20m. The round was led by PTT Ventures and supported by Sumitomo Corporation, ING Sustainable Investments, Mandala Capital, as well as continued participation from exist...

WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta

2022-09-19 15:03 4096

Plans to Transform the Bank into Indonesia's Innovative Digital Bank * WeLab and Astra now jointly control the bank, with a total share ownership of approximately 99.13% of BJJ * All relevant regulatory approvals have been obtained, including from the Financial Services Authority (OJK) ofInd...

Innovative Mobile Payment Provider MOCASA Received Tens of Millions of US Dollars of Fundraising

2022-09-17 04:48 4249

SINGAPORE, Sept. 16, 2022 /PRNewswire/ -- MOCASA has secured tens of millions of US dollars, which will propel this global mobile payment company to better product development, expand team cohort, and cultivate new technology. MOCASA Mobile Payment...

Golden Path Acquisition Corporation Announces Closing of Business Combination; MicroCloud Hologram Inc. to trade on Nasdaq under the Symbol "HOLO".

2022-09-17 04:18 5457

NEW YORK, Sept. 16, 2022 /PRNewswire/ -- Golden Path Acquisition Corporation (the "Company" or "Golden Path") (NASDAQ: GPCO) today announced the closing of the previously announced business combination (the "Business Combination") with MC Hologram Inc. (the "MC") pursuant to which the Golden Path...

Adani becomes India's second largest cement player

2022-09-16 22:45 5256

Completes acquisition of Ambuja Cements and ACC * Largest acquisition in India's Infrastructure and Materials space valued at USD 6.50 billion * Post the transaction, Adani will hold 63.15% in Ambuja Cements and 56.69% in ACC (of which 50.05% is held through Ambuja Cements) * The combined m...

Altair Announces Completion of Acquisition of RapidMiner

2022-09-16 21:46 4697

TROY, Mich., Sept. 16, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), has completed the acquisition of RapidMiner, a leader in advanced data analytics and machine learning (ML) software. RapidMiner's well-established desktop...

China Liberal Education Holdings Limited Signs Letter of Intent with Aiways

2022-09-16 21:00 4242

BEIJING, Sept. 16, 2022 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) (the "Company," "ListCo" or "our"), a China-based company that provides smart campus solutions and other educational services, today announced that it has entered into a non-binding letter of intent ("...

Pacifico Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

2022-09-16 21:00 3099

NEW YORK, Sept. 16, 2022 /PRNewswire/ -- Pacifico Acquisition Corp. (NASDAQ: PAFOU, the "Company") announced today that Caravelle Group Co., Ltd ("Caravelle") has deposited into the Company's trust account a principal amount of$575,000, representing approximately $0.10 per share of common stock, ...

Hailiang Education Announces Completion of Merger

2022-09-16 18:00 4715

HANGZHOU, China, Sept. 16, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education" or the "Company"), an education and management services provider inChina, today announced the completion of the merger (the "Merger") with HE Merger Sub Limited ("Merger Sub"), an exe...

Qidi has completed an angel round financing of RMB 100 million yuan, with Joy Capital as the lead-investor and Matrix Partners China and Meridian Capital as the co-investors

2022-09-16 15:00 3344

SHANGHAI, Sept. 16, 2022 /PRNewswire/ -- On Sep. 13, 2022, Qidi Technology ( Shanghai) Co., Ltd. (hereinafter referred to as "Qidi") announced the completion of an angel round financing ofRMB 100 million (14.44 million USD), with Joy Capital as the leading investor, Matrix Partners China and Merid...

Yokogawa Acquires Votiva to Accelerate ERP Business Growth in Southeast Asia

2022-09-16 10:40 7631

Strengthening ERP solution consulting, implementation, and technical support for customers in this fast-growing region TOKYO, Sept. 16, 2022 /PRNewswire/ -- Yokogawa Electric Corporation (TOKYO: 6841) announces that it has completed the acquisition of Votiva Singapore Pte. Ltd. ("Votiva"), a Sou...

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