Investment & Financing
Mapan secures US$15 Million from Global and Indonesian investors in Series A Funding aimed at improving financial access for Indonesians
* Series A round saw participation from Indonesian giants PT Astra Digital Internasional, a subsidiary of PT Astra International Tbk (Astra), Blibli, BRI Ventures, SMDV, and Prasetia Dwidharma, as well as global venture capital firms Patamar Capital, Flourish Ventures and 500 Global * Fresh f...
Otodata Holdings, Inc. Announces the Acquisition of AIUT's LPG Branch
A great opportunity for Otodata to continue expanding their product offerings MONTREAL, June 29, 2022 /PRNewswire/ -- Otodata Holdings, Inc. ("Otodata") is pleased to announce that it has acquired AIUT's LPG branch, a leading supplier of IoT ecosystems for the global LPG remote monitoring and met...
Funding Societies acquires CardUp, drives payments expansion
* Acquisition of the digital payments platform will take place in June and is subject to regulatory approvals * The digital lender will benefit from CardUp's range of payment technologies and solutions, further expanding its financial services beyond lending SINGAPORE ,June 29, 2022 /PRNewswir...
Timecho, Founded by the Creators of Apache IoTDB, Raises Over US$10 Million First Fund for Open-Source Software R&D and Time-Series Database Solutions
STUTTGART, Germany and BEIJING, June 29, 2022 /PRNewswire/ -- Timecho, founded by the creators of Apache IoTDB, an IoT-native time series database, has announced a first round of funding of more thanUS$10 million led by Sequoia China and joined by Gobi China, Koalafund, and Cloudwise. Time ...
Collectius acquires more than US$800 million of non-performing loans in Vietnam for the first time
SINGAPORE, June 29, 2022 /PRNewswire/ -- Collectius, a leading restructuring partner for financial institutions inAsia, acquired its first portfolios in Vietnam since entering the market at the end of last year, securing more than US$800 million of non-performing loans (NPLs) from a Vietnam-based...
NewAmsterdam Pharma and the Menarini Group Sign Licensing Deal to Commercialize Obicetrapib in Europe
- Combines NewAmsterdam's lead clinical program obicetrapib with Menarini's deep cardiovascular disease and regional expertise - Total deal value of over €1 billion; including €142.5 million upfront payment and committed R&D funding plus potential milestones and double-digit royalties on net pro...
Kensing Announces Acquisition of Vitae Naturals
Transaction Creates a Global Leader in Plant Sterol Esters and Natural Vitamin E KANKAKEE, Ill., June 28, 2022 /PRNewswire/ -- Kensing, LLC ("Kensing" or the "Company"), a leading manufacturer of Natural Vitamin E, Plant Sterols and high-purity surfactants, and a portfolio company of One Rock Cap...
Georges Cohen acquires 5% shareholding in Squared Holding S.A
In addition to his investment, Georges brings listing expertise LIMASSOL, Cyprus, June 28, 2022 /PRNewswire/ -- SquaredFinancial, headquartered inEurope, has welcomed back co-founder Georges Cohen who has returned to the company as an investor. Georges is a renowned French businessman who join...
Global Escrow Platform Castler raises $1 million in seed funding led by Zerodha's Rainmatter
NEW DELHI, June 28, 2022 /PRNewswire/ -- Castler
NOIZ Secures Support from Hong Kong Listed Companies, Merdeka and Oriental Watch
HONG KONG, June 28, 2022 /PRNewswire/ -- NOIZChain Limited
Update on Ericsson's proposed acquisition of Vonage
STOCKHOLM, June 28, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) continues to work closely with the Committee on Foreign Investment inthe United States as it reviews its proposed acquisition of Vonage Holdings Corp. (NASDAQ: VG). The merger has cleared all other requisite foreign and US regulator...
Transforming Education for the Real-world: No subjects, no classrooms, no exams
Education in Motion Makes Strategic Investment in Future-Ready Education
DUBAI, UAE, June 29, 2022 /PRNewswire/ -- Education in Motion
IFN Neurologic and MetaCell Partner to Launch the IFN Neurologic Affiliate Program
CAMBRIDGE, Mass., and PERTH, Australia, June 28, 2022 /PRNewswire/ -- Summary The Institute of Functional Neuroscience, a world leading treatment and rehabilitation centre utilising the latest technologies in neuroplasticity research, and MetaCell, an innovative life science software company spe...
NEOM and McLaren Racing announce strategic title partnership to drive innovation and talent development in electric motorsport
* NEOM and McLaren Racing will come together as 'NEOM McLaren Electric Racing' to compete across Formula E and Extreme E, driving innovation at the forefront of sustainable motorsport. * McLaren Racing will become a founding tenant in the Research and Innovation Campus of OXAGON, NEOM's home...
Court Lifts Final Injunction in Favor of Altair in World Programming Case
Solution can now be sold in the U.S. and around the world, providing customers an alternative to the SAS language environment TROY, Mich., June 27, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), paid and fully satisfied the ...
Amcor Lift-Off initiative shortlists start-ups for seed funding
ZURICH, June 27, 2022 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced the next phase of its inauguralAmcor Lift-Off initiative. Announced in April, Amcor Lift-Off is part of the organization's global innova...
AI Chipmaker Hailo Collaborates with Renesas to Enable Automotive Customers to Seamlessly Scale from ADAS to Automated Driving
Joint solution is available now to enable powerful, efficient and safe
automotive ECUs
TEL AVIV, Israel, June 27, 2022 /PRNewswire/ -- Hailo
TRICORBRAUN ACQUIRES PB PACKAGING
Acquisition Grows TricorBraun's Australian Presence, Continues Company's Global Expansion ST. LOUIS, June 27, 2022 /PRNewswire/ -- Global packaging leader TricorBraun announced today that it has successfully completed its acquisition of PB Packaging ("PB"), a leading Australian provider of plast...
KSS Acquires LIONEX Technology, Launches proprietary Li-PROTM Solution
WILMINGTON, Mass., June 25, 2022 /PRNewswire/ -- Koch Separation Solutions (KSS) announced today the acquisition of LIONEX technology from Chemionex Inc. The acquisition serves as the foundation for the launch of their Li-PRO™ process featuring a proprietary global solution for Direct Lithium Ext...
China Online Education Group Enters into Definitive Agreement to Spin off China Mainland Business
BEIJING, June 24, 2022 /PRNewswire/ -- China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a global online education platform with core expertise in English education, today announced that it has entered into a definitive share purchase agreement, datedJune 24, 2022 (the "Share ...
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