Investment & Financing
Okada Manila Delivers Exceptional Fourth Quarter and 2021 Results, Exceeding EBITDA Projections by 122%
- Fiscal Year 2021 total revenue exceeded forecasts by 26% and adjusted EBITDA surpassed guidance by 122% MIAMI, Jan. 27, 2022 /PRNewswire/ -- 26 Capital Acquisition Corp. (NASDAQ: ADER), a Nasdaq-listed special purpose acquisition company ("SPAC"), today announced the fourth quarter and full-ye...
ReCarbon completes USD 25 million Series B-1 funding round with strategic and financial investors
SANTA CLARA, Calif., Jan. 27, 2022 /PRNewswire/ -- ReCarbon, (
https://recarboninc.com
Proptech platform APLUS has successfully raised a capital investment of US$ 2 million for the Seed Round - 1st tranche
HO CHI MINH CITY, Vietnam, Jan. 26, 2022 /PRNewswire/ -- On January 19, 2022, the real estate technology platform Proptech APLUS, launched by Beta Group, announced the successful funding ofUS$ 2 million, led by Asia Business Builder (ABBPE FundCo) investment fund for the seed round (1st tranche)....
52TOYS Aims to Be the First Brand of Collectible Toys in China
BEIJING, Jan. 26, 2022 /PRNewswire/ -- On September 2021, 52TOYS closed its series C financing of62.8 million USD, the largest funding in the industry in China. The company has also submitted a very satisfying sales report in this year's Double 11 Shopping Festival (China's Black Friday), with th...
Intellect Closes US$10M Series A to Scale Mental Healthcare Across Asia
* Funding round is led by HOF Capital; new investors include Headline, East Ventures, MS&AD Ventures, DG Daiwa Ventures and Pioneer Fund. * Existing investor Insignia Ventures Partners and notable angel investors * Funding will be used to rapidly scale mental healthcare access, grow product,...
Venus Medtech Concludes Acquisition of 100% Equity Interest in Cardiovalve
HANGZHOU, China, Jan. 26, 2022 /PRNewswire/ -- Venus Medtech (Hangzhou) Inc. (Venus MedTech, 2500.HK), a leading, innovative Chinese structural heart disease treatment company, announced its acquisition of 100% equity interest in Cardiovalve Ltd. (Cardiovalve), a pioneering transcatheter mitral a...
Haitong International Completes its First U.S. SPAC deal for Keyarch Acquisition
HONG KONG, Jan. 25, 2022 /PRNewswire/ -- Haitong International Securities Group Limited ("Haitong International"; Stock Code: 665.HK) today announced that it has completed an IPO deal for Keyarch Acquisition Corporation ("Keyarch Acquisition" or "The Company", Stock Code: KYCHU), which listed o...
TutorABC has been acquired by a group of international investors and announces plans for further expansion in Taiwan and to other international markets
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Genesis Systems, leading U.S. sustainable water technology start-up, breaks fundraising records with early round led by X-PRIZE's Global Water Prize Co-founder.
TAMPA, Fla., Jan. 26, 2022 /PRNewswire/ -- Genesis Systems, creator, and manufacturer of the world's first and only sustainable air to water systems that can carbon (CO2) capture broke early fund-raising records in the water technology industry. The oversubscribed Seed Series of$10.25 Million ena...
New agreement between Saudi Ministry of Culture and Cirque du Soleil Entertainment Group opens door for major new productions in the Kingdom
- Cirque du Soleil set to bring some of its top shows and award-winning performances toSaudi Arabia. - The agreement with Cirque du Soleil will further the cultural ecosystem as Saudi Arabia's performing arts sector expands. - Agreement will see the two parties develop a plan to establish a reg...
Asia Alternatives Announces Fund Closings of US$2 billion
BEIJING and HONG KONG and TOKYO and SAN FRANCISCO, Jan. 26, 2022 /PRNewswire/ -- Asia Alternatives, one of the largest independent Asian private equity fund-of-funds, today announced the final close ofUS$2 billion in new commitments across Asia Alternatives Capital Partners VI, LP and several fun...
Asia Alternatives Announces Fund Closings of US$2 billion
BEIJING and HONG KONG and TOKYO and SAN FRANCISCO, Jan. 25, 2022 /PRNewswire/ -- Asia Alternatives, one of the largest independent Asian private equity fund-of-funds, today announced the final close ofUS$2 billion in new commitments across Asia Alternatives Capital Partners VI, LP and several fun...
Peregrine Connect, LLC Announces Completion of Spin-Off from Neudesic, LLC
IRVINE, Calif., Jan. 26, 2022 /PRNewswire/ -- Peregrine Connect is excited to announce the spin-off from Neudesic, LLC into its own company. By spinning off into its own company, Peregrine Connect is now positioned to invest heavily in its "customer experience, go-to-market functions, and rese...
GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing
* 2.8 million-square-foot facility in Lansing, Michigan expected to create 1,700 new manufacturing jobs * Ultium Platform driving GM's commitment to an all-electric future LANSING, Mich., Jan. 26, 2022 /PRNewswire/ -- Ultium Cells, a joint venture of LG Energy Solution and General Motors, tod...
GigaMedia Announces Partial Conversion of Convertible Note of Aeolus Robotics Corporation
TAIPEI, Jan. 25, 2022 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced that, onJanuary 21, 2022, the Company has received the certificates of the 735,835 shares of the Series B preferred shares issued by Aeolus Robotics Corporation ("Aeolus"), as a result of its conversion of 20% ...
Radancy Announces Acquisition of Firstbird - A Global Leader in SaaS Based Employee Referral Programs
NEW YORK, Jan. 25, 2022 /PRNewswire/ -- Radancy, the global talent technology leader, is pleased to announce its plans to acquire Firstbird, a global leader in SaaS based employee referral programs. Based inVienna, Austria, Firstbird offers a comprehensive software solution to digitize and stream...
AgriTech Startup Greenlabs Bags $140M Series C to Accelerate Global Expansion
SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- Greenlabs, a startup member of Born2Global Centre, has announced that it has raised $140M in a Series C funding round to accelerate its global expansion. Three institutional investors participated in the latest round:BRV Capital Management; Skylake...
LOTTE HOTEL expands its global operation with lifestyle hotel brand 'L7' launching in Chicago
* LOTTE HOTEL acquired 'Kimpton Hotel Monaco' USA * L7 brand to be launched, actively setting out to USA * A historical stroke of 'K-hotel' connecting East(NYC)-Middle(Chicago)-West( Seattle) SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- The biggest hotel group inSouth Korea, LOTTE HOTEL ...
Asia's leading HR technology platform Darwinbox raises $72 Million funding led by Technology Crossover Ventures (TCV) at $1B+ valuation
SINGAPORE and HYDERABAD, India, Jan. 25, 2022 /PRNewswire/ -- Darwinbox, Asia's fastest growing HR tech platform, marks another milestone with a$72MN funding round led by Technology Crossover Ventures (TCV) along with participation from existing investors Salesforce Ventures, Sequoia India, Light...
Lifebit partners with NIHR Cambridge Biomedical Research Centre to launch the CYNAPSE platform for next-generation genomics research
LONDON, Jan. 25, 2022 /PRNewswire/ -- Lifebit today announces a long-term partnership where Lifebit's technology, Lifebit CloudOS, will power a cloud-based Trusted Research Environment (TRE) to serve as the scalable and secure data management and analysis platform for researchers at the National ...
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