Investment & Financing

Pfizer and Alex Therapeutics announce a Strategic Commercial Partnership to provide evidence-based Digital Therapeutics to patients, starting in Germany

2022-01-31 18:00 2822

STOCKHOLM, Jan. 31, 2022 /PRNewswire/ -- The Stockholm-based Digital Therapeutics (DTx) company Alex Therapeutics and world leading pharmaceutical company Pfizer have joined forces to provide evidence based, clinically validated and personalized digital therapies to patients. Together, the compa...

Ping An Receives Approval for Founder Group Restructuring Investment

2022-01-31 15:04 7446

HONG KONG and SHANGHAI, Jan. 31, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced that the China Banking and Insurance Regulatory Commission (CBIRC) has approved Ping An Life Insurance Company ofChina, Ltd.'...

HGS to acquire Diversify Offshore, Australia

2022-01-31 10:00 3519

- Acquisition to open up ANZ as a new client market - Addition of 1,100+ domain experts and four delivery centers in Philippines BANGALORE, India, Jan. 31, 2022 /PRNewswire/ -- Hinduja Global Solutions Ltd. (HGS) (Listed on NSE and BSE,India) has announced that its subsidiary, HGS International...

Rapyd Completes Acquisition of Neat, Expanding Suite of Cross Border Trade Capabilities for Businesses

2022-01-31 09:00 5081

HONG KONG and LONDON, Jan. 31, 2022 /PRNewswire/ -- Rapyd , a global Fintech-as-a-Service company announced today that it has completed the acquisition ofHong Kong-based Neat , a cross-border trade enabling platform for SMBs and startups. R...

HanBio Therapeutics Announces the Completion of a US$40 Million Series A Financing Led by OrbiMed and Hankang Capital

2022-01-29 11:37 8389

SHANGHAI, Jan. 28, 2022 /PRNewswire/ -- HanBio Therapeutics ("HanBio"), a biotechnology company committed to researching and developing next generation transformative medicines, today announced that it has completed aUS$40 million Series A financing to advance the preclinical and clinical develop...

Skillful Craftsman to Acquire Controlling Interest of Major Flexible Staffing Platform in Jiangsu Province to Expand Online Business Presence Domestically

2022-01-28 20:30 5848

WUXI, China, Jan. 28, 2022 /PRNewswire/ -- Skillful Craftsman Education Technology Ltd. (the "Company") (NASDAQ: EDTK), an education technology company providing interactive online learning services, announced that onJanuary 28, 2022 the Company entered into an equity transfer agreement (the "Agr...

VIISA announced its investment in SHub - a Vietnamese edTech startup

2022-01-28 14:54 4384

HO CHI MINH CITY, Vietnam, Jan. 28, 2022 /PRNewswire/ -- VIISA, a Vietnamese Venture Capital firm that invests in early-stage startups, announced its latest investment in a EdTech startup named SHub, an online teaching, learning solutions for classroom management.

Morgan Brookshire Builds Joint Venture Partnerships with Private Equity, Family Offices and Global Top 50 International Banks

2022-01-28 12:00 1939

NEW YORK, Jan. 27, 2022 /PRNewswire/ -- Morgan Brookshire has built joint venture partnerships with various major private equity, Family Offices and Global Top 50 Banks. AMorgan Brookshire spokesperson states that this will allow the company to lend on deals as small as 30 thousand to as large as...

HKATG May See Threefold Growth in Revenue

2022-01-28 11:17 6829

HONG KONG, Jan. 28, 2022 /PRNewswire/ -- Since Hong Kong Aerospace Technology Group, Ltd. (1725) (HKATG) has purchased the entire set of integrated supporting ground facilities and related services from CGWI last October, the Group is equipped with the capability of manufacturing a satellite from...

Iyuno-SDI Closes New Funding Round

2022-01-28 10:36 4077

IMM Investments Corp invests in Iyuno-SDI, joins board of directors providing further backing for Iyuno-SDI's growth strategy LOS ANGELES, Jan. 28, 2022 /PRNewswire/ -- Iyuno-SDI today announced that it has secured a significant investment from IMM Investments Corp in Iyuno-SDI's latest financin...

SmartKem, Inc. Closes $2.0 Million Common Stock Private Placement

2022-01-28 08:50 5840

MANCHESTER, England, Jan. 28, 2022 /PRNewswire/ -- SmartKem, Inc. (OTCQB: SMTK), a company seeking to reshape the world of electronics with a revolutionary semiconductor platform that enables a new generation of displays, sensors and logic, announced that it has consummated the sale of 1.0 millio...

Samsung Biologics reaches agreement with Biogen to acquire full ownership of Samsung Bioepis

2022-01-28 08:10 2787

* Agreement with Biogen to buyout Biogen's (50% -1 share) stake in Samsung Bioepis Joint Venture for up to USD$2.3 billion * Transaction projected to be accretive to earnings in 2022 and thereafter, fully capitalizing on the high growth potential of Samsung Bioepis * Expected to accelerate g...

Zenix Consummates the Going Private Transaction

2022-01-28 05:10 6055

BEIJING, Jan. 27, 2022 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) (the "Company"), one of the largest commercial vehicle wheel manufacturers inChina in both the aftermarket and OEM market by sales volume, today announced the completion of its merger (the "Merger") with Ne...

Hyundai Mobis invests in high-resolution radar startup to accelerate Level 4 or higher autonomous driving

2022-01-28 01:00 3246

* Investing significant amount in Zendar to develop high-resolution 'imaging radar.' * Achieving high performance radar comparable to Lidar, which can fulfill level 4 or higher-level driving automation. * Enhancing future competitiveness by securing sensor technologies for cameras, radars a...

Enable Injections Announces $215 Million Financing

2022-01-27 23:35 5493

New financing provides significant financial flexibility to propel growth efforts, benefitting patients, providers, and pharma partners worldwide. CINCINNATI, Jan. 27, 2022 /PRNewswire/ -- Enable Injections, Inc. ("Enable"), a company developing and manufacturing the enFuse® platform of investiga...

Ractigen Therapeutics closes an additional $30 million in Series A+ funding to push development of its RNAa platform

2022-01-27 22:10 2766

NANTONG, China, Jan. 27, 2022 /PRNewswire/ -- Ractigen Therapeutics, a pioneer of the RNAa technology, today announced the closing of a Series A+ financing round totaling$30 million led by SDIC Venture Capital with participation from Eisai Co., Ltd., LC Ventures, CSSD Capital, and Xianghe Capital...

Newlinks Technology Limited Announces the Completion of its E Round with Additional Investments from CR Capital Management

2022-01-27 21:54 3022

BEIJING, Jan. 27, 2022 /PRNewswire/ -- Newlinks Technology Limited ("Newlink" or the "Company"), a leading provider of energy technology platforms inChina, today announced that the Company has raised a new investment from CR Capital Management. This investment, in addition to the previously ann...

Wheels Up Announces Agreement to Acquire Air Partner

2022-01-27 17:27 8084

NEW YORK and LONDON, Jan. 27, 2022 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), the leading brand in private aviation, today announced it has reached an agreement to acquire Air Partner PLC (LSE: AIR), a U.K.-based global aviation services group with operations in 18 locations and across...

Kaddra Pte Ltd secures additional US$2.5 million seed funding from existing investors amid rapid growth.

2022-01-27 08:50 3096

SINGAPORE, Jan. 27, 2022 /PRNewswire/ -- Kaddra, the award-winning Singapore -based tech company, announced today the closing of aUS$2.5 million additional seed funding round. This investment brings Kaddra's total seed funding toUS$5.5 million and will enable the company to accelerate its growth, ...

DEAC and Neste to cooperate on sustainable data storage solutions

2022-01-27 08:14 4301

HELSINKI and RIGA, Latvia, Jan. 27, 2022 /PRNewswire/ -- DEAC and Neste join forces to cooperate on sustainable data storage solutions. DEAC is one of the largest independent data centers inNorthern Europe, which has been acquiring renewable electricity starting from 2021. Cooperation with Neste,...

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