Investment & Financing

Hydrexia and NovaAir Sign Memorandum of Understanding for Hydrogen Business Development in India

2024-06-24 21:00 1623

NEW DELHI and SHANGHAI, June 24, 2024 /PRNewswire/ -- Hydrexia Singapore Pte Ltd, a wholly-owned subsidiary of Hydrexia Holding Limited (Hydrexia), a leading integrated hydrogen solution provider inChina, and NovaAir Private Limited (NovaAir), a PAG investee company inIndia today announced that t...

CLOU Unveils New Energy Storage Solution and Signs Multiple European Partnerships at ees Europe

2024-06-24 20:24 1186

MUNICH, Germany, June 24, 2024 /PRNewswire/ -- In its third showing at ees Europe, CLOU is releasing new energy storage solutions and products that will helpEurope continue its transition to clean energy. These new releases include the CLOU Engineering & Procurement Package ("EP Package") solutio...

KPS CAPITAL PARTNERS TO SELL EVIOSYS TO SONOCO FOR €3.615 BILLION

2024-06-24 18:57 2761

NEW YORK, June 24, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into an agreement for its portfolio company, Eviosys (the "Company"), to be sold to Sonoco Products Company ("Sonoco", NYSE: SON), aHartsville, South Carolina-based global leader in high-...

Taipei Internet Exchange and AMS-IX Hong Kong expand connectivity network with global reach

2024-06-24 16:25 1826

CHIEF, HGC and AMS-IX enter into partnership HONG KONG, June 24, 2024 /PRNewswire/ -- Chief Telecom (CHIEF), the operator ofTaiwan's largest Internet Exchange (TPIX), the world's leading Internet ExchangeAMS-IX, and HGC Global Communications Limited (HGC), a fully-fledged ICT service provider an...

Delta Electronics and Texas Instruments Unveil Joint Innovation Laboratory to Develop Advanced Power Systems for Electric Vehicles

2024-06-21 15:00 2475

TAIPEI, June 21, 2024 /PRNewswire/ -- Delta, a global leader in power management and a provider of IoT-based smart green solutions, today announced the establishment of a joint innovation laboratory with Texas Instruments (TI), a global semiconductor leader. With TI's innovative technologies and ...

Virtual IT Group signs definitive agreement to secure investment from The Riverside Company to accelerate growth

2024-06-21 11:00 2611

SYDNEY, June 21, 2024 /PRNewswire/ -- Leading Australian IT Managed Service Provider,Virtual IT Group (VITG), has signed a definitive agreement to secure investment from global mid-market private equity firmThe Riverside Company (Riversid...

Airtel Africa embarks on digital customer value management of 150 million subscribers with WebEngage

2024-06-20 21:36 2938

MUMBAI, India and DUBAI, UAE, June 20, 2024 /PRNewswire/ -- Airtel Africa, a leading telco group with more than 150 million subscribers across 14 African countries, has partnered with WebEngage, to drive its digital customer base management.

Masdar and GEK TERNA Strike Landmark €3.2bn¹ Deal: UAE Renewables Champion to Acquire Greece's TERNA ENERGY

2024-06-20 16:42 4385

* Deal represents largest ever energy transaction on Athens Stock Exchange, and one of largest in EU renewables Industry * Masdar has signed a definitive agreement with GEK TERNA and other shareholders to acquire initially 67%2 of the outstanding shares of TERNA ENERGY at completion of the tr...

BEST Inc. Enters into Definitive Agreement for "Going Private" Transaction

2024-06-20 15:00 3326

HANGZHOU, China, June 20, 2024 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agre...

Norfund grants US$30 million convertible loan to SeABank

2024-06-20 09:44 2120

HANOI, Vietnam, June 20, 2024 /PRNewswire/ -- Norfund, the Norwegian Investment Fund for Developing Countries, has decided to investUS$30 million to Southeast Asia Commercial Joint Stock Bank (SeABank , stock code: SSB) in form of a convertible loan. The loan can be c...

LD Carbon Closes $28M Investment to Scale Production of Sustainable Carbon Black and Pyrolysis Oil

2024-06-19 12:30 1986

Woven Capital leads Series C round to advance the circular economy by diverting used tires from landfills and supporting development of high-performance recycled car parts SEOUL, South Korea, June 19, 2024 /PRNewswire/ -- LD Carbon, a leading producer of recovered carbon black, closed a$28M Seri...

ZA Tech Rebrands as Peak3, Raises US$35M Series A led by EQT

2024-06-19 09:00 2740

SINGAPORE, June 19, 2024 /PRNewswire/ -- ZA Tech, the next-generation insurance core system SaaS provider, has rebranded asPeak3 . With the successful completion of itsUS$35 million Series A fundraising from EQT (lead investor) and Alpha JWC Ventures,Peak3 now accelerates i...

ZA Tech Rebrands as Peak3, Raises US$35M Series A from EQT and Alpha JWC Ventures

2024-06-19 09:00 2770

SINGAPORE, June 19, 2024 /PRNewswire/ -- ZA Tech, the next-generation insurance core system SaaS provider, has rebranded asPeak3 . With the successful completion of itsUS$35 million Series A fundraising by EQT and Alpha JWC Ventures,Peak3 now accelerates its global expansio...

LD Carbon Closes $28M Investment to Scale Production of Sustainable Carbon Black and Pyrolysis Oil

2024-06-19 06:00 2345

Woven Capital leads Series C round to advance the circular economy by diverting used tires from landfills and supporting development of high-performance recycled car parts SEOUL, South Korea, June 18, 2024 /PRNewswire/ -- LD Carbon, a leading producer of recovered carbon black, closed a$28M Seri...

Nota AI®, Leading AI Optimization Company, Secures $19.9 Million Series C Funding to Pioneer On-Device Generative AI

2024-06-18 21:00 2441

* Cumulative funding reaches approximately $42.6 million since inception, solidifying Nota AI's position as Korea's leading on-device AI innovator * IPO preparations for 2025 are underway with strong backing from lead underwriter * Participation from global AI semiconductor CVC and major AI ...

SUSE Acquires StackState to Provide Full Stack, Cloud Native Observability

2024-06-18 15:21 1365

End-to-end observability platform enhances Rancher Prime, enables customers to manage complexity at scale with confidence BERLIN, June 18, 2024 /PRNewswire/ -- (SUSECON 2024) -- SUSE®, a global leader in innovative, open and secure enterprise-grade solutions, today announced that it has acquired...

JOHNSON CONTROLS HITACHI AIR CONDITIONING MALAYSIA SDN BHD CELEBRATES 35 YEARS OF BUILDING A LEGACY IN MALAYSIA

2024-06-18 12:52 2001

-  Continuous development of new products and technology upgrades at the manufacturing factory inBandar Baru Bangi BANDAR BARU BANGI, Malaysia, June 18, 2024 /PRNewswire/ -- Johnson Controls Hitachi Air Conditioning Malaysia Sdn Bhd, the leading manufacturer of Hitachi air conditioners, recently...

Expands into New Energy with Strategic JV and Launches New Charging Solutions

2024-06-18 11:50 1798

HONG KONG, June 18, 2024 /PRNewswire/ -- Foxconn Interconnect Technology Ltd ("FIT", listed on the Hong Kong Stock Exchange under 6088), a subsidiary ofHon Hai (TW.2317), is expanding its presence in the electric vehicle (EV) sector. Following the acquisition ofGermany's SWH Group in 2023 and the...

Manulife and World Economic Forum Launch the Prospering in Longevity Challenge to Drive Health and Financial Resiliency

2024-06-18 23:23 1928

Multi-year partnership taking steps to help shape the future and funding of human longevity innovation  TORONTO, June 18, 2024 /PRNewswire/ -- Manulife and the World Economic Forum ("the Forum"), today announced the launch of the Prospering in Longevity Challenge, through UpLink, the Forum's ope...

Soul Ventures Announces Strategic Expansion into Japan with New Office

2024-06-18 00:12 2106

New Office Will Be Led by Japanese Venture Finance Leader, Makio Inui TOKYO, June 18, 2024 /PRNewswire/ -- Soul Ventures, a leading venture capital firm focused on disrupting our daily lives and building a better future, today announced a significant milestone with the establishment of Soul Ventu...

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