Investment & Financing

Ed-tech startup Invact Metaversity seed-funded by 70+ global entrepreneurs; valued at $33 million

2022-02-07 13:30 3284

Marquee investors across sectors and geographies invest in metaverse based ed-tech platform SAN FRANCISCO and BANGALORE, India, Feb. 7, 2022 /PRNewswire/ -- More than 70 top global corporate leaders and founders of unicorns have come together to fund Invact Metaversity , ...

SatSure raises Pre-Series A round of US$ 5 million in funding from Baring PE India, ADB Ventures, and others

2022-02-07 09:00 6127

BENGALURU, India, Feb. 7, 2022 /PRNewswire/ -- SatSure , a startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software as a Service (SaaS), announces the raise ofUS$ 5 million in Pre-Series A funding in a round led by Baring Private Equity...

1bill announces strategic investment in Accurassi

2022-02-07 00:00 4384

MELBOURNE, Australia, Feb. 7, 2022 /PRNewswire/ -- One of Australia's leading financial technology innovators,1bill Holdings , has announced a more than$2 million investment in visionary B2B Energy Technology SaaS Provider,Accurassi . The stra...

Genesis MedTech Acquires JC Medical, Creates New Structural Heart Franchise

2022-02-05 08:00 5265

SINGAPORE, Feb. 4, 2022 /PRNewswire/ -- Genesis MedTech Group (Genesis or Group) has completed the acquisition of JC Medical (JCM), a  structural heart company that is primarily engaged in the design and development of transcatheter valve replacement products for the minimally invasive treatment ...

AP Acquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 7, 2022

2022-02-04 19:32 5625

NEW YORK, Feb. 4, 2022 /PRNewswire/ -- AP Acquisition Corp (the NYSE: APCA-U) (the "Company") announced today that, commencingFebruary 7, 2022, holders of the units sold in the Company's initial public offering of 17,250,000 units, closed onDecember 21, 2021, may elect to separately trade the Cla...

Vitro S.A. sells Cytognos to BD to prioritize the market launch of their new and disruptive Molecular Biology and Anatomic Pathology diagnostic platforms

2022-02-04 17:23 5289

Cytognos divestment is a first strategic step aimed at positioning Vitro as a new worldwide diagnostic player in their key market segments SEVILLE, Spain, Feb. 4, 2022 /PRNewswire/ -- Vitro S.A, (www.vitro.bio ) a privately held company headquartered in Seville, Spain, ann...

SK networks seeks to promote blockchain business through joint efforts with Hashed

2022-02-04 16:51 4699

SEOUL, South Korea, Feb. 4, 2022 /PRNewswire/ -- SK networks has chosen blockchain business reinforcement as a key strategy to ensure future growth, and it is now seeking cooperation with Hashed, a specialized blockchain investment company.

"From customer service to complex banking tasks" DeepBrain AI implements AI human technology into KB Kookmin Bank

2022-02-04 08:42 4580

SAN MATEO, Calif., Feb. 4, 2022 /PRNewswire/ -- DeepBrain AI, a company specializing in artificial intelligence(AI), announced on the 28th that it has signed a technology supply agreement with KB Kookmin Bank, a leading financial company, and implemented Korea's first kiosk-type 'AI banker' and o...

Woolpert Acquires eTrac Inc., a Vessel-Based Hydrographic Survey Firm Headquartered in California

2022-02-03 22:05 5301

DAYTON, Ohio, Feb. 3, 2022 /PRNewswire/ -- Woolpert has acquired eTrac Inc., a vessel-based hydrographic survey and marine technology firm that conducts custom and integrated marine services for projects across the U.S. and its territories. These services include collecting and processing hydrogr...

DISCOVERY, INC. CONFIRMS EXCLUSIVE DISCUSSIONS WITH BT GROUP TO CREATE SPORT JV IN THE UK AND IRELAND

2022-02-03 17:31 3715

NEW YORK and LONDON, Feb. 3, 2022 /PRNewswire/ -- Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) confirms that it has entered into exclusive discussions with BT Group to create a new sport venture in the UK by combining its Eurosport business in the UK andIreland with BT Sport. The companies aim f...

China Liberal Education Holdings Limited Enters into Definitive Agreement to Acquire Wanwang Investment Limited

2022-02-03 17:00 4209

BEIJING, Feb. 3, 2022 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal", or the "Company", or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that onFebruary 1, 2022, the Company entered into ...

"From customer service to complex banking tasks" DeepBrain AI implements AI human technology into KB Kookmin Bank

2022-02-03 23:38 3333

SAN MATEO, Calif., Feb. 3, 2022 /PRNewswire/ -- DeepBrain AI, a company specializing in artificial intelligence(AI), announced on the 28th that it has signed a technology supply agreement with KB Kookmin Bank, a leading financial company, and implemented Korea's first kiosk-type 'AI banker' and o...

Colonial First State selects FNZ to deliver its platform transformation

2022-02-03 06:30 8364

- CFS strengthens commitment to significantly increase competition in Australia's wrap platform market through strategic partnership with one of the world's leading wealth management platform providers. SYDNEY, Feb. 3, 2022 /PRNewswire/ -- Colonial First State (CFS) today announces a major revam...

Formus Labs Raises $5 Million to Automate Orthopedic Surgery Planning; Partners With Zimmer Biomet to Supercharge Global Launch

2022-02-03 03:00 3732

Formus combines AI and biomechanics to empower orthopedic surgeons with fully interactive 3D models to optimize the preoperative planning process AUCKLAND, New Zealand, Feb. 3, 2022 /PRNewswire/ -- Formus Labs, the world's first automated 3D planner for joint replacement surgeries, today announce...

Park Place Technologies acquires Storfirst Software

2022-02-03 01:12 2431

Park Place Technologies Strengthens Its Vision with Data Migration Software Deal CLEVELAND, Feb. 3, 2022 /PRNewswire/ -- Park Place Technologies, the leading global data center and networking optimization firm, has strengthened its software portfolio with the purchase of Congruity360's Storfirst ...

Larnabel Ventures rolls out 2022 Investment Strategy, Targets Consumer Innovative Technologies

2022-02-02 18:54 2712

LONDON, Feb. 2, 2022 /PRNewswire/ --  Larnabel Ventures , a European Venture Capital (VC) firm established by Said Gutseriev, announced today their commitment to finance innovative consumer technologies as part of their investment strategy for 2022. Since its establishment i...

Avidien Technologies Receives $4M Investment from BroadOak Capital Partners

2022-02-02 18:49 2915

BOSTON, Feb. 2, 2022 /PRNewswire/ -- Avidien announced today a new financing round of$4M from BroadOak Capital Partners. The investment will help Avidien expand its product roadmap, scale commercial production, and better serve research and pharmaceutical clients. Avidien CEO and Founder Rich Co...

10x Banking Follows $187m Series C Funding with Three Senior Hires to Fuel Global Growth

2022-02-02 16:00 8293

LONDON, Feb. 2, 2022 /PRNewswire/ -- 10x Banking (10x) today announces the appointment of three senior sales and marketing leaders, to fuel the next stage of growth for the core banking technology provider. These hires follow the firm's June 2021 announcement

OmboriGrid Announces Strategic Partnership with Pathr.ai to Offer Spatial Intelligence to Retailers

2022-02-02 15:54 2708

STOCKHOLM, Feb. 2, 2022 /PRNewswire/ -- OmboriGrid announced that they are working with leading artificial intelligence (AI) powered spatial intelligence platform Pathr.ai to offer new insights to retailers on how in-store technology affects customer behavior. Pathr.ai integrates with existing O...

Retailo Raises $36M million in Landmark Series A Round For Empowering Community Commerce in MENA Region

2022-02-02 11:50 3387

RIYADH, Saudi Arabia, Feb. 2, 2022 /PRNewswire/ -- Retailo, the fastest growing startup inMiddle East, North Africa, and Pakistan (MENAP) which is digitizing the region's retail supply chains, has raised$36 million in its Series A investment round which was a mix of equity and venture debt. Retai...

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