Investment & Financing
Turing Achieves Unicorn Status Following Series D Bringing Total Raised to Over $140 Million
Intelligent Talent Cloud Company, Turing, Crosses $1 Billion Valuation PALO ALTO, Calif., Dec. 21, 2021 /PRNewswire/ -- Turing, the world's leading Intelligent Talent Cloud, announced today it has attained unicorn status after raising$87 million at a valuation of about $1.1 billion. The Series D ...
BMO Financial Group accelerates North American growth with strategic acquisition of Bank of the West
* Expansion to major new U.S. geographies, including highly attractive California market, a natural next step in BMO's North American growth strategy * Financially compelling; funded primarily with existing capital in BMO and Bank of the West; transaction is immediately accretive at closing to...
Syntach AB awarded an EU grant of € 2.5 million
LUND, Sweden, Dec. 20, 2021 /PRNewswire/ -- Syntach AB in Lund, Sweden has been awarded € 2.5 million as a grant and part of blended finance of up to € 17,5 million from the European Innovation Council (EIC) to support the development of its unique minimally invasive cardiac support system. Over...
Acclime consolidates Philippines presence with DocSpark Solutions acquisition
HONG KONG, Dec. 20, 2021 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, announces today that it has completed the acquisition of DocSpark Solutions inthe Philippines. This move represents the latest step in Acclime's active growth as theAsia specialist in providing compl...
Shell completes acquisition of solar and energy storage developer Savion
HOUSTON, Dec. 20, 2021 /PRNewswire/ -- Shell New Energies US LLC, a subsidiary ofRoyal Dutch Shell plc (Shell), has completed the acquisition of Savion LLC (Savion), a large utility-scale solar and energy storage developer inthe United States. Savion specialises in developing solar power and en...
Streem to be acquired by leading global communications firm Cision
* Streem brand and platform to continue in Australia and New Zealand * Current leadership team retained with a long-term growth mandate * Deal enables Streem to leverage the global capability of Cision across social, data and distribution. * Cision to have full-service entry into the valuab...
Delta to Acquire Universal Instruments - a Leader in Precision Automation Solutions for Electronics Manufacturing -to Further its Smart Manufacturing Capabilities
TAIPEI, Dec. 18, 2021 /PRNewswire/ -- Delta Electronics, Inc. (later referred to as "Delta"), a global leading provider of smart energy-saving solutions, today announced the agreement to acquire, through its subsidiary Delta International Holding Limited B.V., UI Acquisition Holding Co., owner of...
Newlinks Technology Limited Announces Strategic Investments from a Green Consortium of Investors
BEIJING, Dec. 17, 2021 /PRNewswire/ -- Newlinks Technology Limited ("Newlink" or the "Company"), a leading provider of energy technology platforms inChina, today announced that the Company has raised a strategic investment round led by the Shandong Green Development Fund, a leading green investme...
Zenix to Hold General Meeting of Shareholders
BEIJING, Dec. 17, 2021 /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 that it has called a general meeting of shareholder...
Global Asian Food Delivery Leader HungryPanda Secures $130 Million Series D Round
* HungryPanda is the leading Asian food delivery platform and is now operating in more than 60 cities across 10 countries. * The Series D round was led by Perwyn, alongside Kinnevik, 83North, Felix Capital, Piton Capital, Vintage, Burda Principal Investments and Kreos Capital. * The latest i...
BEST Inc. Completes Sale of its Express Business in China
HANGZHOU, China, Dec. 17, 2021 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced the closing and completion of its previously announced sale of its express delivery business ...
Sleek extends Series A round to US$25M
SINGAPORE, Dec. 17, 2021 /PRNewswire/ -- Sleek.com
hofer powertrain and VisIC Technologies develop 3-Level 800V GaN inverter
NES ZIONA, Israel and NÜRTINGEN, Germany, Dec. 17, 2021 /PRNewswire/ -- hofer powertrain, a globally leading automotive powertrain technology company, and VisIC Technologies Ltd., a global leader in gallium nitride (GaN) solutions for high-voltage automotive applications, announce a partnership t...
Dar Al Arkan teams with Pagani Automobili to unveil the ultra-exclusive DaVinci Residential Tower in Dubai
DUBAI, UAE, Dec. 16, 2021 /PRNewswire/ -- Dar Al Arkan, the leading real estate company inSaudi Arabia and the GCC, has unveiled the DaVinci Residential Tower inDubai in partnership with Italian Hypercar manufacturer Pagani Automobili, renowned for its exclusive and handcrafted production of ultr...
Foxconn Interconnect Technology (FIT) and Hudson Sustainable Group Invests in Wireless Power Leader, Powermat Technologies and Forms Strategic Partnership
Strategic Partnership With FIT Will Support Powermat's Penetration in the
Industrial, IoT, and Mobility Markets
TEL-AVIV, Israel, Dec. 16, 2021 /PRNewswire/ -- Powermat Technologies
Arches raises USD1.6 million to expands its "Expert Knowledge Sharing" service throughout 5 locations in Asia
TOKYO, Dec. 16, 2021 /PRNewswire/ -- Arches Corporation("Arches"), a Tokyo -based global "Expert Knowledge Sharing" provider (a service that searches for experts on any topic and provides information on a timely basis), hereby announces the fundraising of$1.6 million (JPY 180 million) in funding b...
Fundsquire partners with Railz to offer an integrated, quicker, and transparent funding platform
MELBOURNE, Australia, Dec. 16, 2021 /PRNewswire/ -- Fundsquire, a source of capital for startup and scale-ups globally, has partnered withRailz to supercharge its funding platform, offering Fundsquire's global customers a seamless and powerful experience. Fundsquire has integrated Railz's API so...
Orbis Technologies Announces Acquisition of Innovasys Limited and U.K. Operations
ANNAPOLIS, Md., Dec. 15, 2021 /PRNewswire/ -- Orbis Technologies, Inc., a global leader in delivering content solutions and services for large enterprise and governmental organizations worldwide, announces the acquisition of U.K.-based Innovasys Limited, a leader in developing software for creati...
CSafe Global Announces Acquisition of Softbox Systems to Create the Global Leader in Temperature-Controlled Shipping Solutions
DAYTON, Ohio and LONG CRENDON, Buckinghamshire, England, Dec. 15, 2021 /PRNewswire/ --CSafe Global, the leader in temperature-controlled container solutions for the pharmaceutical industry, announced today that it has acquired Softbox Systems, a provider of passive temperature-controlled packaging...
Altair Acquires World Programming to Advance Organizations' Digital Transformation
Acquisition enables customers to leverage the SAS language with modern languages like Python and open-source technologies to achieve best-in-class data analytics solutions TROY, Mich., Dec. 15, 2021 /PRNewswire/ -- Altair (Nasdaq: ALTR), the global leader converging simulation, HPC, and AI, toda...
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