Investment & Financing
China Yuchai Incorporates Joint Venture Subsidiary Developing Fuel Cell Powertrain Systems
SINGAPORE, March 15, 2022 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications inChina through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ...
ECA Group and iXblue enter exclusive negotiations period to create new European high-tech champion.
SAINT-GERMAIN-EN-LAYE, France and TOULON, France, March 15, 2022 /PRNewswire/ -- ECA Group and iXblue have entered an exclusive negotiations period to bring the two French companies together. Carried out by Group Gorgé, this operation will lead to the rise of a European high-tech industrial champ...
European Wellness Biomedical Group and AK International to Bring Biological Regenerative Medicine Solutions to Pakistan and UAE
DUBAI, UAE, March 15, 2022 /PRNewswire/ -- European Wellness Biomedical Group (EWBG) has signed a Memorandum of Agreement (MOA) withDubai-based AK International LLC (AKI), partnering together to undertake a number of joint venture businesses inPakistan and the MENA region that focus on providing ...
iClick Announces to Fully Acquire Changyi
HONG KONG, March 14, 2022 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform inChina that empowers worldwide brands with full-stack consumer lifecycle solutions, announced today that its wholly-owned ...
Tims China Confirms Financing Commitment
SHANGHAI, March 14, 2022 /PRNewswire/ -- TH International Limited ( "Tims China " or the "Company") and Silver Crest Acquisition Corporation ("Silver Crest") announced today additional details of the$194.5 million financing announced on March 9, 2022 Specifically, Tims China has entered into a $1...
MediLink Therapeutics closes US$70 million Series B financing
SUZHOU, China, March 14, 2022 /PRNewswire/ -- MediLink Therapeutics (Suzhou) Co., Ltd (MediLink) recently announced completion of aUS$70 million Series B financing. This round was led by LYFE Capital and Qiming Venture Partners, and co-invested by Legend Capital, Loyal Valley Capital and Highligh...
Beyond Music, the Korean version of Hipgnosis, to conquer the global music IP market by taking over a large-scale music catalog management company
* Beyond Music is the largest management company for music intellectual properties (IPs) in S. Korea * They have taken over 'FNC Investment', the second largest music IP management company in S. Korea, and made a strategic partnership with Dreamus Company, a subsidiary of SK Square * They h...
MingZhu Logistics Enters into Share Purchase Agreement to Acquire Yinhua (BVI) Limited
SHENZHEN, China, March 14, 2022 /PRNewswire/ -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company"), a leading trucking service provider, today announced it has entered into a Share Purchase Agreement to acquire Yinhua (BVI) Limited (the "Yinhua"), which develops and opera...
XCEL NEXT Announces First Batch of Investments Focused on AI and Metaverse
TAIPEI, March 14, 2022 /PRNewswire/ -- XCEL NEXT announced the first batch of investments coveringAsia, Europe and the U.S., echoing the business opportunities of artificial intelligence and metaverse. They include AI video surveillance platform IronYun, AI SaaS-based hiring platform X0PA, smart ...
PTT Oil and Retail Business (OR) maps out ambitious international expansion and venture capital investment to become a global player in mobility and lifestyle offerings
BANGKOK, March 14, 2022 /PRNewswire/ -- Thailand's leading oil and retail operator PTT Oil and Retail Business Plc. (OR) is gearing up for prolific international expansion and venture capital investment as part of the company's new pursuit to become a leading provider of mobility solutions and l...
Alphawave IP Announces Definitive Agreement to Acquire Entire OpenFive Business Unit from SiFive for US$210m in cash
Transaction will accelerate Alphawave's connectivity leadership, product offerings and customer base while driving higher scale and revenue growth from an expanded total addressable market LONDON, TORONTO and SAN MATEO, Calif., March 14, 2022 /PRNewswire/ -- Alphawave IP Group plc ("Alphawave" o...
East Ventures becomes Indonesia's first venture capital firm to sign UN Principles for Responsible Investment
JAKARTA, Indonesia, March 14, 2022 /PRNewswire/ -- East Ventures, a pioneering and leading sector-agnostic venture capital firm inIndonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable invest...
Impact Therapeutics Announces Completion of Series D1 Financing
SHANGHAI, March 14, 2022 /PRNewswire/ -- IMPACT Therapeutics, a biopharmaceutical company dedicated to the discovery and development of targeted anti-cancer therapeutics based on synthetic lethality, announced the successful completion of its Series D1 financing. Institutional investors that par...
Fasanara makes key hires as it looks to expand across products and geographies
LONDON, March 14, 2022 /PRNewswire/ -- Encouraged by the increasing interest in its suite of Fintech Investment Products, Fasanara Capital has made two significant additions to the team to strengthen deal origination and support the launch of its new Fintech-focused Venture Capital Fund. The fir...
Giift, backed by Apis Growth Fund II, acquires a majority ownership in Xoxoday, a fintech disruptor in the rewards, incentives, and payout space
SINGAPORE, March 14, 2022 /PRNewswire/ -- Giift, a leading provider of loyalty management solutions around the globe, announced today that it has acquired a majority interest in Xoxoday, anIndia-based fintech disruptor in the rewards, incentives, and payout space. Giift's investment will enable X...
Terran Biosciences announces acquisition of a portfolio of novel CNS therapeutics from Concert Pharmaceuticals
NEW YORK, March 11, 2022 /PRNewswire/ -- Terran Biosciences ("Terran"), a biotech platform company dedicated to the development of transformational therapeutics for neurological and psychiatric diseases, has entered into an agreement with Concert Pharmaceuticals ("Concert") to acquire a portfolio...
Chery and Haier to jointly build the automotive industry Internet platform
JERUSALEM, March 11, 2022 /PRNewswire/ -- Chery and Haier set up a joint venture - Anhui Haixingyun Iot Technology Co., Ltd. The joint venture will use the COSMOPlat of Haier to build the first mass customization industrial Internet platform inChina's automobile industry and jointly build a new ...
Carrianna's data center commences service to promote innovative technology
HONG KONG, March 11, 2022 /PRNewswire/ -- Carrianna Group Holdings Company Limited("Carrianna", together with its subsidiaries, the "Group"; stock code: 126.HK) announced that its data center, jointly invested by the Group, Jun Gao Holdings Company Limited and Dr.Quentin Tsang located in Kwai Chu...
TFI Asset Management Limited Announces to Join a Consortium Led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited
SINGAPORE and HONG KONG, March 11, 2022 /PRNewswire/ -- TFI Asset Management Limited announced today that it has joined a consortium led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited in respect of pursuing a potential acquisition of Hollys...
Roofstock raises $240M at $1.9B valuation to expand access to real estate investing
OAKLAND, Calif., March 10, 2022 /PRNewswire/ -- Roofstock, the leading end-to-end online platform for single-family rental (SFR) investing, today announced it closed a$240 million Series E equity financing round, bringing the company's valuation to$1.94 billion. SoftBank Vision Fund 2 led the fin...
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