Investment & Financing

Microsoft takes Startups in Asia from Idea to Unicorn with new Microsoft for Startups Founders Hub Platform

2022-03-31 12:30 4432

* New platform by Microsoft will support founders in Asia at every stage of their startup journey with access to more thanUS$300,000 in benefits including technology and tools from Microsoft and partners    * Startups will also be able to gain mentorship and skilling opportunities with indust...

Solimar Systems and Canon Extend their Partnership in Hong Kong

2022-03-31 10:00 3353

Canon Hongkong Co., Ltd. is now a distributor of the Solimar Chemistry™ platform inHong Kong SAN DIEGO, March 31, 2022 /PRNewswire/ -- Solimar Systems, Inc. , provider of leading workflow solutions for printing and digital communications today announces the appoi...

SVP WORLDWIDE ACQUIRES JAGUAR INTERNATIONAL CORPORATION'S MANUFACTURING OPERATIONS

2022-03-31 08:11 4127

LA VERGNE, Tenn., March 31, 2022 /PRNewswire/ -- SVP Worldwide, the global leader in household sewing machines, announces that it has acquired Jaguar International Corporation's sewing machine manufacturing operations and product engineering organization. The facility, based inVietnam, is one of ...

Micro Connect Raises US$70M Series B Funding as New Market Infrastructure Platform Completes First 100 Investments in Micro and Small Businesses in China

2022-03-31 07:00 5016

HONG KONG, March 31, 2022 /PRNewswire/ -- Micro Connect, the market infrastructure platform connecting global capital withChina's grassroots economy, announced that it has completed a capital raise ofUS$70 million in its Series B funding round, with participation from Series A investor Sequoia C...

Model Performance Acquisition Corp. Announces Contribution to Trust Account to Extend Period to Consummate Business Combination

2022-03-31 05:57 3259

NEW YORK, March 30, 2022 /PRNewswire/ -- Model Performance Acquisition Corp. (NASDAQ: MPAC, the "Company"), a special purpose acquisition company, announced today that it has deposited into the Company's trust account (the "Trust Account") an aggregate of$575,000 (representing $0.10 per Class A o...

Thomas J. Kent Jr. Chairman and CEO of Kent Global LLC moved into the arts and commodities business.

2022-03-31 04:24 1704

NEW YORK, March 30, 2022 /PRNewswire/ -- Kent Global LLC, a New York based independent investment banking firm, moved into buying and selling fine antique artwork and trading commodities such as oil, steam coal, rice and sugar. "We have an extremely vibrant network of people that would like to bu...

Hg joins EQT and TA Associates as investors in IFS and WorkWave

2022-03-30 22:39 2627

* Hg will become a significant minority investor, in a transaction valuing IFS and WorkWave at$10bln USD. * EQT to remain the majority shareholder, with TA as a significant minority shareholder. * EQT, Hg, and TA will form a trio of world-class investors with decades of software experience,...

J.S. Held Adds Intangible Asset Expertise with the Acquisition of Ocean Tomo

2022-03-30 20:00 3569

The combination of J.S. Held and Ocean Tomo uniquely presents experts on complex technical, scientific, and financial matters across all assets and value at risk. JERICHO, New York, March 30, 2022 /PRNewswire/ --  J.S. Held, a global consulting firm, announced today that it has acquired Ocean To...

Aker Offshore Wind AS: Notice of Postponed Annual General Meeting with Amended Agenda

2022-03-30 14:51 2571

OSLO, Norway, March 30, 2022 /PRNewswire/ -- Reference is made to the recently announced contemplated merger (the "Merger") between Aker Offshore Wind AS (the "Company") and AH Tretten AS, a subsidiary of Aker Horizons ASA ("AKH"). The Merger is subject to the approval of the Company's general me...

Aker Offshore Wind and Aker Horizons Announce Merger Plan

2022-03-30 14:25 3198

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. OSLO, Norway, March 30, 202...

Aker Horizons Announces Merger Plans With Aker Offshore Wind and Aker Clean Hydrogen

2022-03-30 14:15 2822

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. OSLO, Norway, March 30, 202...

BSV blockchain partners with Pakistan Freelancers' Association and Presidential Initiative for AI & Computing

2022-03-30 12:00 2971

ISLAMABAD, Pakistan and ZUG, Switzerland, March 30, 2022 /PRNewswire/ -- The BSV blockchain's Switzerland-based industry association and Pakistan Freelancers' Association and the Presidential Initiative for Artificial Intelligence & Computing have signed a memorandum ...

LambdaTest closes $45 million in a venture round led by Premji Invest to scale its software test orchestration platform

2022-03-30 11:30 3735

The company will use the funding to further the innovation that will push the boundaries of cloud-based test orchestration in terms of execution speed, performance and reliability SAN FRANCISCO, March 30, 2022 /PRNewswire/ -- LambdaTest, a leading end-to-end cloud-based test orchestration platfo...

Ascend agrees to acquire Formulated Polymers Ltd.

2022-03-30 10:10 4642

HOUSTON, March 30, 2022 /PRNewswire/ -- Ascend Performance Materials has reached an agreement to acquire the compounding division of Formulated Polymers Limited, a leading engineered materials manufacturer inChennai, India. This acquisition will establish Ascend's first manufacturing base in the ...

RNAimmune Secures $27 Million Series A Round of Financing for Development of mRNA Therapeutics and Vaccines

2022-03-30 08:31 3776

GAITHERSBURG, Md., March 30, 2022 /PRNewswire/ -- RNAimmune, Inc. (the "Company " or "RNAimmune"), a biopharmaceutical company specializing in discovery and development of mRNA-based therapeutics and vaccines, announced today that is has secured an approximatelyUS$27 million Series A round of fina...

FutureFit AI Raises $4.5M to Empower Workers with a "GPS for your Career"

2022-03-29 22:00 3127

JPMorgan Chase and Acumen America co-led FutureFit AI's round to provide workers with an AI-powered tool to help them navigate their careers NEW YORK, March 29, 2022 /PRNewswire/ -- FutureFit AI, the AI-powered career navigation platform, today announced that it closed on a funding round of$4.5M ...

MedTech Baymatob completes capital raise to advance life-saving labor monitoring device

2022-03-29 21:34 2444

SYDNEY, March 29, 2022 /PRNewswire/ -- Medical device company Baymatob has completed a placement ofA$4.215 million, with proceeds used to continue in-human clinical trials for its AI-guided labor monitoring device, Oli. Cornerstoned by Australian Unity's Future of Healthcare Fund, the placement ...

Luokung Announces Acquisition of Beijing Hongda Jiutong Technology Development Co., Ltd

2022-03-29 21:20 3741

BEIJING, March 29, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") inChina, today announ...

ŸNSECT OPENS FIRST MEALWORM FARM IN THE US AND ENTERS LOCAL PREMIUM CHICKEN FEED MARKET AFTER JORD JOINED ITS PRODUCTION PLATFORM.

2022-03-29 21:00 4082

PARIS, March 29, 2022 /PRNewswire/ -- Jord Producers , Nebraska-based, has been incorporated into Ÿnsect's production portfolio, signifying the global leader's entry into North American mealworm production. The move comes off the back ofŸnsect

CellOrigin Closed a New Round of Investment to Jump-start its iPSC Immune Cell Therapy Products Toward Clinics

2022-03-29 20:50 2244

HANGZHOU, China, March 29, 2022 /PRNewswire/ -- On Mar.21, 2022, CellOrigin Inc, a biotech company focusing on iPSC-derived immune cell therapies, announced it secured a new round of investment of ~100 million RMB from Jifeng Ventures, Kunlun Capital, Yinxinggu Capital and Efung Capital. CellOri...

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