Investment & Financing
CrediBook Generates Record Growth Digitizing Wholesalers through CrediMart, Faire-Like B2B Wholesale Marketplace
In the past six months, CrediMart booked a staggering GMV growth of 37.5 times with more than 60,000 wholesalers and retailers joining the platform. JAKARTA, Indonesia, June 7, 2022 /PRNewswire/ -- CrediMart is one of CrediBook's two flagship products aimed at wholesalers. The company, which was ...
Molecular Stethoscope, Inc. announces new investment from the Alzheimer's Drug Discovery Foundation
Investment by the ADDF will accelerate the translation of Molecular Stethoscope's cf-mRNA liquid biopsy technology platform into products and services for the diagnosis and management of Alzheimer's disease SOUTH SAN FRANCISCO, Calif., June 7, 2022 /PRNewswire/ -- Molecular Stethoscope, a leadin...
Yuchai Establishes New Engine Service Joint Venture
SINGAPORE, June 7, 2022 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD)("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications inChina through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYM...
BRV China-backed eVTOL Start-up Zerog Closes Nearly RMB10 Million Seed Round
HONG KONG, June 7, 2022 /PRNewswire/ -- Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, recently completed a nearly RMB10 million (USD1.48 million) seed round with BlueRun Ventures China (BRV China) as the sole investor. The financing closes as theNanjing-based ...
SCG Cell Therapy And A*STAR's IMCB Collaborate To Accelerate Clinical Translation of Immune Cell-based Therapy
* The collaboration agreement works toward accelerating the study of SCG's immunotherapy pipeline and candidates such as CAR-T, TCR-T therapies, antibodies, and vaccines. * SCG will contribute its proprietary technologies to the therapeutic development of immune cell-based therapy candidates....
CapitaLand Investment acquires 22-storey office tower in Melbourne's CBD
Acquisition marks CLI's fifth investment in Australia within six months SINGAPORE, June 7, 2022 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has acquired a freehold office tower in the Western Core of Melbourne's Central Business District for its flagship regional core-plus fund, Capit...
Vayyar Imaging Secures $108M in Series E Funding Led by Koch Disruptive Technologies
Global leader in 4D imaging radar expands investor network on the back of new supply contracts and partnerships. * Koch Disruptive Technologies (KDT) helms group of existing investors as well as new backers GLy Capital Management and Atreides Management LP. * Funding reflects string of recent...
Insilico Medicine Raises $60 Million in Series D Financing to Advance Pipeline and Launch AI-powered Drug Discovery Robotics Laboratory
NEW YORK, June 6, 2022 /PRNewswire/ -- Insilico Medicine, a clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company, announced today that it has completed a$60 million Series D financing from a syndicate of global investors with expertise in investing in the biopharm...
Insilico Medicine Raises $60 Million in Series D Financing to Advance Pipeline and Launch AI-powered Drug Discovery Robotics Laboratory
NEW YORK, June 6, 2022 /PRNewswire/ -- Insilico Medicine, a clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company, announced today that it has completed a$60 million Series D financing from a syndicate of global investors with expertise in investing in the biopharm...
Cyient to Acquire Portugal-Based Celfinet to Strengthen its Wireless Communications Offerings
HYDERABAD, India, June 6, 2022 /PRNewswire/ -- Cyient, a leading consulting-led, industry-centric, global Technology Solutions company, today announced that it had signed definitive agreements to acquire Celfinet. An international Wireless Engineering Services company, Celfinet, is focused on pr...
/C O R R E C T I O N -- Altair/
In the news release, Altair Expands Design Technology for Additive Manufacturing with Acquisition of Gamma, issued06-Jun-2022 by Altair over PR Newswire, we are advised by the company that the headline should read "Altair Expands Design Technology for Additive Manufacturing with Acquisition of Ge...
Thailand is turning into regional frontrunner in electric vehicle (EV), from luxury cars to tuk-tuks
BANGKOK, June 6, 2022 /PRNewswire/ -- By the end of 2022, a fully-electric Mercedes-EQS will roll off a production line inBangkok to mark another milestone inThailand's remarkable journey from conventional automaking hub to regional frontrunner in electric vehicle (EV) production, according to an...
OriCiro Announces Series B2 Financing to Advance Cell-Free DNA Technology for Innovative Therapeutics and Synthetic Biology
TOKYO, June 5, 2022 /PRNewswire/ -- OriCiro Genomics, a pioneer in cell-free synthesis and amplification of genome-scale large DNA for advanced therapy and synthetic biology, today announced that it has closed Series B2 financing from Asahi Kasei Medical Co., Ltd. OriCiro has advanced its busine...
Dogness (International) Corporation Closes $12 Million Offering
DONGGUAN, China, June 3, 2022 /PRNewswire/ -- Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced that it closed a previously announced offerin...
CapitaLand Investment commits to Net Zero by 2050
Achieves cumulative utilities cost avoidance of S$320 million through reduction in carbon emissions, energy and water intensities SINGAPORE, June 1, 2022 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has elevated its commitment to sustainability by aiming to achieve Net Zero emissions by 2...
lowRISC Acquires NewAE Technology, Adding Advanced Security Analysis Tools to the OpenTitan Platform
NewAE's accessible solutions will support open evaluation of OpenTitan security across entire partner community CAMBRIDGE, United Kingdom, June 2, 2022 /PRNewswire/ -- lowRISC C.I.C., the open source organization dedicated to bringing secure collaborative innovation to silicon development, to...
SZSE Makes New Progress in Implementing High-standard Two-way Opening-up ChiNext Index Becomes an Important Target for Foreign Investors to Invest in China A-shares
SHENZHEN, China, June 2, 2022 /PRNewswire/ -- The SZSE ChiNext Daily (2x) Leveraged Product recently went publicon the HKEX. It is the first 2X EFT listed outside the Chinese mainland that tracks the innovation-oriented enterprises inChina A-shares. The product tracks the Hong Kong dollar-denomi...
MA'ADEN and GlassPoint sign a Memorandum of Understanding ("MOU") to develop the world's largest solar process steam plant
Saudi Arabia's leading mining company signs an MOU to facilitate the study to develop the first solar steam project in the kingdom to decarbonize MA'ADEN's alumina refinery RIYADH, Saudi Arabia, June 2, 2022 /PRNewswire/ -- Saudi Arabian Mining Company (MA'ADEN),Saudi Arabia's national mining ch...
Winner Medical Acquires Majority Stake in Pingan Medical to Fuel Growth
SHENZHEN, China, June 1, 2022 /PRNewswire/ -- Winner Medical Co. Ltd. (300888.SZ; "Winner Medical" and "the Company"), a leading manufacturerof disposable wound care and surgical products, announced onMay 18 that it will acquire a majority 65.55% stake in Hunan Pingan Medical Device Technology Co...
Connected Transactions Involving Subscription by Vivo Suzhou Fund and Centerlab for TOT BIOPHARM Shares
SUZHOU, China, June 2, 2022 /PRNewswire/ -- On June 1, 2022, TOT BIOPHARM International Company Limited (TOT BIOPHARM, Stock code: 1875.HK) announced that the company entered into a Share Subscription Agreement with VIVO Suzhou Fund and Centerlab. Pursuant to the agreement, Vivo Suzhou Fund and C...
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