Investment & Financing
Cloopen Announced its Acquisition of Zhuge, a User-Centric Intelligent Data Solution Provider
BEIJING, Dec. 13, 2021 /PRNewswire/ -- On December 13th, Cloopen (NYSE: RAAS), China's leading multi-capability cloud-based communications solution provider, announced the wholly-owned acquisition of Zhuge Inc. ("Zhuge"), a new generation of user-centric intelligent data solution provider. After ...
ZeroAvia Raises Further $35 Million for Zero-Emission Flight Technology,Taking Total Raised to $115 Million
- New investors Alaska Airlines and United Airlines join existing investors Amazon's Climate Pledge Fund, AP Ventures, Breakthrough Energy Ventures, Horizons Ventures, Summa Equity and Shell Ventures in the round - New raise will accelerate the development of ZeroAvia's 2-5MW powertrain for larg...
Tims China Announces Pre-merger Financing and PIPE Commitments
$50 million capital injection supports THIL's continued robust growth; Initial PIPE commitments support merger with Silver Crest SHANGHAI, Dec. 13, 2021 /PRNewswire/ -- TH International Limited ("THIL" or " Tims China") announced today a significant pre-merger financing round by a leading global...
The CrownX Announces Final Capital Raising Round of USD350 million; Partners with TPG, ADIA and SeaTown
HO CHI MINH CITY, Vietnam, Dec. 13, 2021 /PRNewswire/ -- Masan Group Corporation (HOSE: MSN, "Masan") today announced the signing of a USD350 million primary investment in The CrownX Corporation (the "Company", "TCX") by a consortium of investors, including TPG, Platinum Orchid (a wholly owned s...
Cleverin, Top Made-in-Japan Airborne Disinfectant Brand by Taiko Pharmaceutical, Accelerating Its Business Expansion in Mexico through Acquisition of Its Mexican Distributor
OSAKA, Japan, Dec. 13, 2021 /PRNewswire/ -- Taiko Pharmaceutical Co., Ltd. (hereinafter Taiko), based inOsaka, Japan, has announced that it fully acquired Mexican distributor Torishi S.A. de C.V. inNovember 2021 in order to expand the infection control business. Taiko has worked with the excellen...
Cloopen To Acquire Zhuge, a User-Centric Intelligent Data Solution Provider
BEIJING, Dec. 12, 2021 /PRNewswire/ -- Cloopen Group Holding Limited ("Cloopen" or the "Company") (NYSE: RAAS), a leading multi-capability cloud-based communications solution provider inChina, today announced that it has entered into a definitive agreement to acquire the entire equity interests o...
Hivestack, Solmate Media partnership brings programmatic DOOH to Taiwan for the first time
Premium DOOH network, Solmate, has selected Hivestack as its Supply Side Platform (SSP) to offer unparalleled audience targeting for programmatic buyers acrossTaiwan TAIWAN and MONTREAL, Dec. 13, 2021 /PRNewswire/ -- Solmate Media, a pioneering DOOH media owner inTaiwan, today announced a partne...
The New Era Biotechnology deepens cooperation between China and Belarus in the Great Stone China Belarus Industrial Park (CBIP)
MINSK, Belarus, Dec. 10, 2021 /PRNewswire/ -- As an enterprise in CBIP, the New Era Biotechnology Co., Ltd. participated in the fourth edition of the China International Import Expo (CIIE) which opened inShanghai on November 5, 2021. Located in Minsk, capital of the Republic of Belarus a...
EduTech Startup GeniRobot to Expand Southeast Asian Market via Thailand Joint Venture
SEOUL, South Korea, Dec. 10, 2021 /PRNewswire/ -- From GeniRobot's Thailand -based subsidiary, GENITHAI,plans to expand its EduTech services further into the Southeast Asian market. GeniRobot, is an EduTech enterprise and a joint venture member ofBorn2Global Centre, that has developed and supplied...
Electrolux signs inaugural sustainability linked revolving credit facility
STOCKHOLM, Dec. 10, 2021 /PRNewswire/ -- The facility is for general corporate purposes and has a five-year maturity, with options to extend for up to two more years. The new facility refinances an existingEUR 1,000 million syndicated facility due to mature inMay 2023. The facility was oversubsc...
Ironbark Raises $4m to Continue Citronen Project Finance Activity in 2022
PERTH, Australia, Dec. 9, 2021 /PRNewswire/ -- Ironbark Zinc Limited ( "Ironbark", "the Company" or "IBG") is pleased to update its shareholders with respect to its recently completed capital raise. Highlights * Very strongly supported capital raise completed with $4 million in firm commitmen...
Cakap Secures US$10m in Series B Funding Co-lead by MDI-KB's Centauri and Heritas Capital to Expand More Access for High Quality Education
JAKARTA, Indonesia, Dec. 10, 2021 /PRNewswire/ -- Cakap, one of the biggest Edtech platforms inIndonesia, has raised US$10m in an oversubscribed series B round to expand their certified course offering, as well as to fuel its market expansion in providing better access to high quality education i...
Plug and Play to open largest innovation center in Hyderabad, India
HYDERABAD, India, Dec. 10, 2021 /PRNewswire/ -- Plug and Play LLC, one of the world's largest early-stage investor, accelerator, and corporate innovation platforms globally is opening itsIndia operations in Q1, 2022. Plug and Play currently has over 35 office locations around the globe and will n...
Blue Owl Capital Acquires Ascentium to Establish Hong Kong Presence as Part of Further APAC Expansion
NEW YORK, Dec. 10, 2021 /PRNewswire/ -- Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, today announced it acquired Ascentium Group Limited to establish its physical presence in Hong Kong. Blue Owl recently opened an office inSingapore, so the Ascentium acquisition and establi...
Ataccama Partners with UST to Transform Enterprise Data Governance
TORONTO and ALISO VIEJO, Calif., Dec. 10, 2021 /PRNewswire/ -- Ataccama, a leading Enterprise Data Quality Fabric provider, andUST, a leading digital transformation solutions company, have announced a partnership to deliver AI-powered data management solutions to enterprise organizations. The At...
Planet Green Holdings Corp. Enters Into Share Exchange Agreement
NEW YORK, Dec. 9, 2021 /PRNewswire/-- Planet Green Holdings Corp. (the "Company") (NYSE American: PLAG) announced today that onDecember 9, 2021, the Company has entered into a Share Exchange Agreement with Shandong Yunchu Supply Chain Co., Ltd. ("Target") and each shareholder of the Target (colle...
Databricks Announces Databricks Ventures
First strategic fund, the Lakehouse Fund, will invest in technology startups across data, analytics, and AI that power the data lakehouse ecosystem SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Databricks, the Data and AI Company, today announced Databricks Ventures, a strategic investment vehicle ...
Levo and Ecolution Power Team Up with Plans to Fund Electric Buses and Charging Stations Powered by Kinetic Energy
NAPLES, Fla., Dec. 9, 2021 /PRNewswire/ -- Ecolution Power Company (Ecolution), a clean energy technology company, has signed an LOI to collaborate with Levo Mobility LLC (Levo) to help create the first smart city to achieve net-zero carbon emissions. Ecolution plans to deploy its patented Module...
SellerX Raises $500 Million in Additional Financing, Reaching Unicorn Valuation
Acquires KW-Commerce, Becoming One of the Largest E-Commerce Aggregators BERLIN, Dec. 9, 2021 /PRNewswire/ -- SellerX, Europe's leading aggregator of e-commerce businesses, announced today it has raised an additional approximately $500 million in debt and equity financing led by Sofina, funds and ...
Trajan to acquire LEAP PAL Parts
MELBOURNE, Australia, Dec. 9, 2021 /PRNewswire/ -- Global analytical science and device company Trajan Group Holdings Limited (ASX: TRJ) (Trajan or the Company) has entered into a binding agreement to acquire the business of LEAP PAL Parts and Consumables, LLC ("LPP"), based in Raleigh North Caro...
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