Investment & Financing
Hanwha Solutions acquires part of Samsung Electro-Mechanics' wireless module business
* The deal is designed to purchase Samsung Electro-Mechanics' business unit manufacturing Wi-Fi and 5G mmWave antenna modules with organic substrate. * With advanced communication modules for seamless Wi-Fi and 5G connections, Hanwha Solutions aims to expand its electronics business into wirel...
Brand New Foxxum CTV OS Launches with El Araby Group on Mediatek Chipset
KIEL, Germany, Jan. 5, 2022 /PRNewswire/ -- The innovator in cutting-edge smart
TV solutions,Foxxum, acquires the Egyptian electronics manufacturer El Araby as
its first client for the brand newFoxxum CTV OS on MediaTek chipsets.
Blume Global Acquires LiveSource
Deal expands sourcing, procurement and quality capabilities for logistics execution technology leader PLEASANTON, Calif., Jan. 4, 2022 /PRNewswire/ -- Blume Global, a leading provider of supply chain sourcing, procurement, execution and visibility technology solutions, today announced the acquis...
ReTo Eco-Solutions, Inc. Enters into an Equity Acquisition Agreement to Acquire Solution and Product Provider of Internet of Things
BEIJING, Jan. 4, 2022 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (NASDAQ: RETO) ("ReTo" or the "Company"), a provider of technology solutions for the improvement of ecological environments, today announced that, its subsidiary, ReTo Technology Development Co., Ltd., entered into an Equity Acquisiti...
Shiyu Wang Rejoins Qiming Venture Partners as Partner, Co-Leads TMT Team
SHANGHAI, Jan. 4, 2022 /PRNewswire/ -- Qiming Venture Partners, a leading venture capital firm inChina, is pleased to announce that Shiyu Wang has rejoined the firm as a Partner.Shiyu Wang will co-lead the TMT team, managing and investing in the internet and consumer sectors. Shiyu Wang has many...
Sihuan Pharmaceutical (0460.HK): Sunshine Life Insurance Leads Investment in Xuanzhu Biopharm
HONG KONG, Jan. 3, 2022 /PRNewswire/ -- Sihuan Pharmaceutical Holdings Group Ltd. (the "Company" or "Sihuan Pharmaceutical", together with its subsidiaries, collectively referred to as the "Group"; Hong Kong Stock Exchange stock code: 0460) is pleased to announce that, its subsidiary Xuanzhu...
GBB Closed the A Round Financing with Newly Joined FutureX Capital
HONG KONG, Dec. 31, 2021 /PRNewswire/ -- Great Bay Bio (GBB), an AI-enabled
biotechnology company, announces the participation of FutureX Capital in its
Series A round fundraising.
GenFleet Therapeutics Raises $75 Million in Series C Financing Led by Huagai Capital, to Advance Innovative Pipeline Highlighting Cutting-edge Therapies
SHANGHAI, Dec. 31, 2021 /PRNewswire/ -- GenFleet Therapeutics, a clinical-stage biotechnology company with a focus in cutting-edge therapies in oncology and immunology, today announced the completion of$75 million (~500 million RMB) series C financing. This round of financing is led by Huagai ...
Inspiration Capital Partners Closes Investment in Beijing Value Simplex Technology Co. Ltd.
SHANGHAI, Dec. 30, 2021 /PRNewswire/ -- Inspiration Capital Partners ("ICP") today announced that funds advised by ICP have closed an investment in Beijing Value Simplex Technology Co. Ltd ("Value Simplex") as the lead investor in the company's Series B+ financing round, with participation from o...
Beyond Ventures Congratulates SenseTime on its IPO
HONG KONG, Dec. 30, 2021 /PRNewswire/ -- Hong Kong-based venture capital firm Beyond Ventures is pleased to announce that its first portfolio company, SenseTime (Stock Code: 0020.HK) theAsia's largest artificial intelligence (AI) software company, today started trading on the Hong Kong Stock Exch...
SK hynix completes the First Phase of Intel NAND and SSD Business Acquisition
* SK hynix has acquired Intel's SSD business and Dalian NAND Flash Manufacturing Facility assets inChina * The new entity will be branded "Solidigm" * With the synergy of the combined business portfolio, SK hynix aims to become global 1st tier technology company. SEOUL, South Korea, Dec. 29,...
MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network
SHENZHEN, China, Dec. 29, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company"), a leading trucking service provider, today announced that it entered into a Share Purchase Agreement (the "SPA") onDecember 29, 2021 to acquire 100% of the equity interest o...
Harvest Capital founding partner Alan Song makes Forbes China's list of the Top 100 Venture Capitalists for the third consecutive year
SHANGHAI, Dec. 29, 2021 /PRNewswire/ -- 2021 is a big year for equity investors. During the first three quarters of the year, the Chinese equity investment market raised funds totaling nearly1.3 trillion yuan (approx. US$208 billion), an increase of 50 per cent from the same period of the previou...
Waymo and Zeekr to collaborate on all-electric, fully autonomous ride-hailing vehicle
HANGZHOU, China and SAN FRANCISCO, Calif., Dec. 29, 2021 /PRNewswire/ -- Geely Holding Group's (Geely) premium electric brand, Zeekr, will collaborate with Waymo on the development of a new pure electric vehicle for deployment in the Waymo One autonomous ride-hailing fleet in the United States. ...
EOFlow and Zihipp Announce Joint Venture for Development of Innovative Solutions for Treatment of Obesity & NASH
* Establishment of Joint Venture Company named SanPlena in the US * Drug-device combination of EOFlow's smart wearable drug delivery platform and novel peptide derivatives developed by a team led by Prof. SirStephen Bloom , world-renowned researcher in the field of obesity and metabolism at Imp...
Eastern Bell Capital raises over RMB13 billion (US$2 billion) in latest USD Fund II and RMB Fund VI
SHANGHAI, Dec. 28, 2021 /PRNewswire/ -- Eastern Bell Capital today announced the final close of its USD Fund II and RMB Fund VI, with a total size of more thanRMB13 billion (US$2.0 billion), marking one of the largest fundraises among China based GPs in 2021. The latest close takes Eastern Bell ...
Malaysian Largest Auction Technology Platform - Bidnow Raises US$ 1.3 Mil from 470 Investors through Second-Round ECF on MyStartr
KUALA LUMPUR, Malaysia, Dec. 28, 2021 /PRNewswire/ -- Bidnow.my
Accelerate large-scale development of mobile robot, YouiBot has completed B series round of financing, exceeding RMB 300 million
SHENZHEN, China, Dec. 27, 2021 /PRNewswire/ -- On December 21, YouiBot, the head enterprise of industrial mobile robot, announced that it has completed two rounds of B-series financing, the accumulated amount exceededRMB 300 million. The two rounds of financing mainly come from the investment of ...
Accelerate large-scale development of mobile robot, YouiBot has completed B series round of financing, exceeding RMB 300 million
SHENZHEN, China, Dec. 27, 2021 /PRNewswire/ -- On December 21, YouiBot, the head enterprise of industrial mobile robot, announced that it has completed two rounds of B-series financing, the accumulated amount exceededRMB 300 million. The two rounds of financing mainly come from the investment of ...
Edufront Announces Partnership with Samvid Gurukulam
NEW DELHI, Dec. 28, 2021 /PRNewswire/ -- The Edufront Foundation announced today the launch of its partnership with Samvid Gurukulam, a school founded by Sadhvi Ritambhara to exemplify an ethos of holistic education in Vatsalya Gram on the outskirts of Vrindavan. The Edufront Foundation will be ...
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