Investment & Financing

Carrot-led Claims Management Joint Venture Set To Disrupt The Industry Once Again

2022-03-23 16:48 2950

SEOUL, South Korea, March 23, 2022 /PRNewswire/ -- Insurance technology platform Carrot General Insurance Corp. (Carrot) and two established insurance companies, Hanwha General Insurance (Hanwha) and Lotte Non-life Insurance Co. (Lotte), are uniting to revolutionizeSouth Korea's insurance claims ...

Aker Horizons: Sale of shares in REC Silicon ASA to Hanwha

2022-03-23 12:54 2545

OSLO, Norway, March 23, 2022 /PRNewswire/ -- Aker Horizons ASA's wholly owned subsidiary Aker Horizons Holding AS ("Aker Horizons") has today entered into an agreement withSouth Korea's Hanwha Solutions Corporation and Hanwha Corporation (together, "Hanwha") to sell all of Aker Horizons' shares i...

NSI Global acquires Geopolitical Intelligence Group

2022-03-23 12:35 3257

SYDNEY, March 23, 2022 /PRNewswire/ -- Today, NSI Global Counter Intelligence (NSI) announced it has acquired Geopolitical Intelligence Group (GIG), a leading geopolitical risk advisory firm, previously established inCanberra, Australia. The amalgamation will enable NSI and GIG to deliver an expa...

Lanvin Group, a Global Luxury Fashion Group, to Become Publicly Traded on the NYSE via Business Combination with Primavera Capital Acquisition Corporation

2022-03-23 10:21 5824

* Lanvin Group is a global luxury fashion group that owns the oldest operating French couture house Lanvin, Italian luxury shoemakerSergio Rossi, Austrian skinwear specialist Wolford, iconic American womenswear brand St. John Knits, and high-end Italian menswear maker Caruso * Strong foundati...

Terra Drone Raises $70 Million in Series B Funding to Accelerate Growth and Worldwide Adoption of Unmanned Aircraft System Traffic Management (UTM) and Urban Air Mobility (UAM) solutions

2022-03-23 08:00 2969

TOKYO, March 22, 2022 /PRNewswire/ -- Drone and Urban Air Mobility (UAM) technology company Terra Drone Corporation announced today that it has raised $70 million (8 billion Japanese yen) in Series B funding with investments from Mitsui & Co., Ltd., SBI Investment Co., Ltd., Tokyu Land Corporation...

Brilliant Acquisition Corporation Announces Extension of Completion Window to July 23, 2022

2022-03-23 04:15 2874

NEW YORK, March 22, 2022 /PRNewswire/ -- Brilliant Acquisition Corporation ("Brilliant") announced today that it has extended the period of time it will have to consummate its initial business combination by a further four months, or untilJuly 23, 2022.  In connection with the extension, Brillian...

OC&C Strategy Consultants to boost Australasia presence with full integration of ASP following year-long partnership

2022-03-23 04:00 2686

SYDNEY, March 23, 2022 /PRNewswire/ -- OC&C Strategy Consultants ("OC&C"), the global strategy consulting firm, and Australian Strategy Partners ("ASP") have today announced that ASP will become fully integrated into OC&C, effective from 1st May 2022. The integration will serve to deepen the mu...

LG AI Research Takes a Leap as 'Global AI Research Hub'

2022-03-23 03:00 3007

* Directly led by top AI scholar, Honglak Lee, Chief Scientist of AI at LG AI Research and professor of electrical engineering and computer science at the University of Michigan * 'LG AI Research Center, Ann Arbor' will enhance AI collaborative research with theUniversity of Michigan - Ser...

Miruku, a New Zealand animal-free dairy start-up emerges from stealth on Foodtech VC investment.

2022-03-22 13:38 2760

AUCKLAND, New Zealand, March 22, 2022 /PRNewswire/ -- Miruku, a New Zealand based future food company developing advanced dairy proteins in plants has emerged from stealth to announce an oversubscribed$2.4m USD seed investment round. O...

EQT Private Equity Asia acquires Guardian, China's largest domestic pest control operator

2022-03-22 13:21 2661

STOCKHOLM, March 22, 2022 /PRNewswire/ -- * EQT Private Equity Asia makes majority investment in Guardian, China's largest domestic pest control operator, with a strong presence in the country's eastern and southern provinces * Guardian's underlying market is supported by favorable demographi...

DocSpark Solutions rebrands as Acclime Philippines

2022-03-22 11:59 2892

HONG KONG, March 22, 2022 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, is delighted to announce today that DocSpark Solutions has completed its integration into the Acclime group of companies. Following the acquisition by Acclime late last year, DocSpark Solutions has ...

TripleLift Acquires 1plusX to Bring First-Party Data to Publishers & Advertisers

2022-03-22 11:51 4207

Combined company will help customers take control of their data and address audiences effectively in the absence of third-party cookies NEW YORK, March 22, 2022 /PRNewswire/ -- TripleLift, the advertising technology company reinventing ad placement at the intersection of creative, media and data...

Eight Roads launches latest dedicated US$350m technology fund for China

2022-03-22 10:00 2197

SHANGHAI, March 21, 2022 /PRNewswire/ -- Eight Roads, the global venture capital firm backed by Fidelity, today announced its latest dedicated technology fund forChina, Eight Roads China Technology Fund V, extending the momentum of capturingChina's growing technology investment opportunities. Wit...

Milltrust Ventures to Invest in First-In-Class Health Tech Platform Oncoshot

2022-03-22 09:00 2585

SINGAPORE, March 22, 2022 /PRNewswire/ – Oncoshot has announced it will be welcoming DrBernard Ng, Chief Scientific Officer of Milltrust Ventures, to its advisory board this month. This comes as a first step as the specialist investment organization finances the fast-growing health tech company f...

Warburg Pincus-backed NWP Property and CRE Asia Establish a Joint Venture Focusing on Modern Logistics Real Estate Opportunities

2022-03-22 09:00 4793

SINGAPORE, NEW YORK and JAKARTA, Indonesia, March 22, 2022 /PRNewswire/ -- Today, PT Nirvana Wastu Pratama ("NWP Property"), Indonesia's largest and fastest-growing New Economy enabled consumer infrastructure platform co-founded by Warburg-Pincus and led by its CEOTimothy Daly, CRE Asia Pte. Ltd....

CapitaLand Investment launches value-add logistics fund in South Korea to grow funds under management

2022-03-22 06:30 8243

SEOUL, South Korea, March 22, 2022 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has launched a value-add logistics fund inSouth Korea via a joint venture with PGIM Real Estate[1] to grow its funds under management[2] (FUM).  CLI has a 10% stake in the fund while the remaining stake is held...

Transnetyx Announces Acquisition of a-tune

2022-03-22 04:30 2727

MEMPHIS, Tenn., March 22, 2022 /PRNewswire/ -- Transnetyx, a global leader in outsourced genetic services, announced the acquisition of a-tune, a best-in-class software for animal research and compliance. This acquisition allows Transnetyx to partner with a-tune to further streamline animal resea...

Ola Electric makes strategic investment in StoreDot, an Israeli company with extreme fast charging technology

2022-03-21 22:13 3875

BENGALURU, India, March 21, 2022 /PRNewswire/ -- Ola Electric, India's leading manufacturer of EVs, has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strateg...

Hilco Global Acquires Heavy Plate Rolling Mill from ThyssenKrupp Steel Europe

2022-03-21 19:23 4199

NORTHBROOK, Ill., March 21, 2022 /PRNewswire/ -- Amsterdam-based Hilco Industrial Acquisitions, B.V., an operating company of U.S.-based Hilco Global, announced today the strategic acquisition of all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim, Germany....

NIO Capital Closes Eve ONE Fund II at Around USD 400 Million

2022-03-21 08:00 3003

SHANGHAI, March 20, 2022 /PRNewswire/ -- NIO Capital, a leading Chinese investment firm focused on decarbonization and digitalisation, today announced the successful final closing of NIO Capital's flagship fund, Eve ONE Fund II L.P. (the 'Fund') at approximatelyUSD 400 million. The Fund was over...

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